*Buhari sends N465.63bn additional budget to NASS* *Court orders DSS to produce Biafra leader, Kanu*

Sabinews Morning News Update for November 19, 2015

National News

Buhari sends N465.63bn additional budget to NASS

President Muhammadu Buhari yesterday sent a supplementary budget of N465.63bn to the National Assembly for the remaining part of 2015.

The President also seeks the lawmakers’ nod for additional borrowing of N1.2trn, an upward revision of the new borrowing from N882.1bn (in the 2015 appropriation) to N2.103trn. Read more

Court orders DSS to produce Biafra leader, Kanu

A magistrate court sitting in Abuja has ordered the Depart­ment of Security Service, DSS, to produce the leader of the Indigenous People of Biafra, Nnamdi Kanu, before the court on Monday, November 23, to answer criminal charges brought against him by the Federal Government.

Chief Magistrate Shaui­bu Usman gave the order yesterday following absence of the accused in court when the trial was to com­mence. Read more

Ebonyi varsity expels 3,000 students

Ebonyi State Univer­sity, EBSU, yesterday said it has expelled 3,000 students enrolled un­der the Work and Study pro­gramme for allegedly stay­ing above graduation period.

The expulsion of the affected students was con­tained in a press release of the university signed by its registrar/ secretary, Mr. Sam Egwu, and issued to journal­ists. Read more

Biafra: Placard-carrying activists protest in Aba, saying, ‘Biafra or death’

Thousands of protesters took to the streets in Aba, the Abia State capital, yesterday, to demand the release of Mr. Nnamdi Kanu, who operated a  radio station calling for a separate state of Biafra.

In Aba, the commercial hub of Abia State, some 2,000 people carried placards with slogans such as “Biafra or death” and waved the Biafran flag — a golden rising sun on red, black and green. Read more

Anambra signs N500m MoU for malaria eradication

Anambra State government has signed a Memorandum of Understanding, MoU, with the Christian Aid for the fight of malaria scourge in the state.

Under the programme, about 50 per cent of the budget would be spent on the procurement of malaria drugs and their components. Read more

Youth task Buhari on developmental programmes

Participants from Nigeria at the President Obama’s Young Africa Leaders Initiative (YALI) West Africa Regional Learning Centre in Ac­cra, Ghana have called on Presi­dent Muhammadu Buhari’s led administration to embark on more youth-oriented develop­mental projects.

They made the call at the Gha­na Institute of Management and Public Administration (GIMPA), Accra, the venue of the ongoing programme which would end in December 4. Read more

Our investment in geoscience education yielding results —ExxonMobil

A multinational oil exploration and production company, ExxonMobil Nigeria has disclosed that its inter­vention so far in geoscience education in Ni­geria was yielding positive results.

The company has since 2007 introduced, among others, the University Partnering Programme (UPP), as a way of boosting the study of geoscience in Nigerian universities, especially as regards the practical aspects of the course. Read more

Panel summons 30 arms dealers as manhunt begins

Security agents have launched a manhunt for former military and security chiefs suspected to have duped the country of billions in phoney arms deals.

Former National Security Adviser (NSA) Col. Sambo Dasuki has been named in the deals. He said yesterday that he was ready to defend his action in court after President Muhammadu Buhari ordered his arrest. Read more

Appeal Court upholds Ortom’s election

The Court of Appeal sitting in Makurdi, the Benue State capital, yesterday upheld the verdict of the State Elections Tribunal which affirmed the election of Governor Samuel Ortom as duly elected governor of Benue State in the general elections held last April.

The defeated candidate of the PDP, Mr Terhemen Tarzoor, who also con­tested in the gubernato­rial elections had dragged Ortom of the APC to court on the grounds that he was not validly nominated on the platform of the APC. Read more

Police arrest three suspects over poly student’s murder

Imo State police command yesterday arrested three suspects over the killing of one Innocent Ndukwe (25), a final year student of civil engineering at the Fed­eral Polytechnic, Nekede.

Ndukwe was said to have been slaughtered and found in a pool of his blood in a toilet at his residence at 18, Enuwa Street, Egbu, in Ow­erri North Local Govern­ment Area of Imo State. Read more

10 Nigerians Make Forbes Africa’s 50 Rich List, Dangote Remains Continent’s Wealthiest

Ten Nigerians have been listed among the 50 richest persons on the continent in the Forbes Africa’s 50 Richest 2015.

They are Aliko Dangote, Mike Adenuga, Folorunsho Alakija, Femi Otedola, Abdulsamad Rabiu,  Theophilus Danjuma, Tony Elumelu, Jim Ovia, Mohammed Indimi and Orji Uzor Kalu. Read more

Power Outage Paralyses Activities at Lagos Airport

It was an embarrassing moment for Nigeria on Wednesday night as passengers were stranded at the international terminal of the Murtala Muhammed Airport, Lagos when the departure and arrival sections became enveloped in darkness due to power outage.

The outage disrupted activities for over one hour, leaving the passengers stranded during the peak evening hours when many of the international flights were checking in and boarding their passengers. Read more

House: FG Owes Contractors over N300bn

The House of Representatives Committee on Works has said the federal government owes over N300 billion to its contractors.

The Chairman of the Committee, Hon. Toby Okechukwu, revealed this during the inaugural meeting yesterday where he added that most contracts for Nigerian roads are hardly funded after the contract has been issued. Read more

Obi Breaks Silence on N75 Billion Controversy

Former Anambra State Governor, Mr. Peter Obi, has finally broken his silence on the controversy raging over the actual amount he left in the coffers of the state when he left office. Obi’s response came via a text message after several unanswered calls.
He replied: “My brother, thanks for your efforts to hear from me in order to put the records straight concerning the unnecessary controversy over Debt and the N75 billion in investment and cash my government left. I left office almost two years (over 600 days) ago and I will not comment on the statements of my successor, or his proxies. Read more

Man Kills Own Children in Kaduna

A middle aged man on Wednesday in Kaduna slaughtered four of his children and attempted to kill himself after an alleged quarrel with his wife.

Neighbours said the man had quarrelled with the wife throughout the night, forcing her to leave the house located on Ahmadu Bello street in Kawo area of Kaduna metropolis. Read more

House Postpones Debate on Biafra Protests

The House of Representatives on Wednesday postponed discussions bordering on pro-Biafra protests in some parts of the South-east and South-south, and the clamour for the creation of Biafra.

Hon. Sunday Karimi (Kogi APC) had presented the motion under matter of urgent public importance. Read more

Law School Records 71% Success in Bar Final Exams

The Nigerian Law School recorded 71 per cent success in the Bar Final Examinations conducted last September 2015.

A statement signed by the school’s Director-General, Dr. Olanrewaju Onadeko, said out of 4, 610  students  who sat for the examinations,  3,273 were successful, (71 per cent),170 had  conditional pass ( 3.7 per cent)  and 1,167 (25. 3 per cent) failed. Read more

Economy

Recent sanctions on some banks considerate, says CBN

The Central Bank of Nigeria (CBN) has described the recent fines slammed on some financial institutions as considerate, given the level of infractions, which should have earned them more severe penalties.

The apex bank explained that it took a more lenient view of the infractions committed by the erring banks, to avert systemic consequences that would have resulted from such deserving steps like the removal of the chief executives and management teams. Read more

Firms, NSE woo investors with mobile trading

Four technologically advanced stockbroking firms and the Nigerian Stock Exchange (NSE) have launched an initiative to step up the use of mobile online trading portals for transactions at the stock market. The four stockbroking firms, which included GTI Securities, Investment One Stockbroking International Limited, Meristem Securities and CSL Stockbrokers, had earlier launched mobile trading portals. Capital Bancorp Plc also has online trading portal.

The new initiative, tagged “Smart Trade”, being coordinated by the NSE was meant to rally the stock market behind the mobile online trading, standardize and unify the platform and further provide regulatory support for the individual stockbroking firm’s efforts. Read more

Crisis in the Maritime Sector: FG at the Receiving End

Recent developments in Nigeria’s maritime sector appear to have reversed the popular adage that when the elephants fight the grass suffers.

Simply put, the federal government which is the elephant on grounds that it is supposed to call the shots in the maritime sector as well as reap the benefits therein courtesy of rules, regulations and supervisory role is the one fast losing out in terms of realizable revenue. Read more

Nigeria-German bilateral trade hits 5.5billion Euros

With plans and promises to support Nigeria’s ‘change’ agenda, the German Ambassador to Nigeria, Michael Zenner, has disclosed that his country’s bilateral trade volume with Nigeria now stands at 5.5 billion Euros, with projections for increase in the near future.

Zenner, who disclosed this in Abuja, commended the change agenda of the Nigerian government led by President Muhammadu Buhari, adding that co-operation between the governments of Germany and Nigeria will contribute immensely to the success of the agenda. Read more

Starting business in Nigeria getting more difficult – World Bank

Starting a business in Nigeria has become more cumbersome over the last one year, according to “Doing Business”, an annual report by the World Bank Group measuring the regulations that enhance business activity in 189 economies and those that constrain it.

According to the “Doing Business 2016”, the 13th in the series of the annual reports,  ranking by ease of starting a business  moved the country  down 8 places from 131 to 139; access to credit also moved down 7 places from 52 to 59; while access to electricity moved 1 place down from 181 to 182. Read more

Oil and Gas

Fuel scarcity: NLC urges Buhari to intervene

As the fuel crisis continues to bite hard on Nigerians across the country despite assurances of availability by the Nigeria National Petroleum Corpo­ration (NNPC), the Nigeria Labour Congress (NLC) has charged President Muham­madu Buhari to wade into the matter to rescue the poor mass­es from the unending crisis.

This is coming as President Muhammadu Buhari yester­day sought Senate approval for N465 billion supplemen­tary budget to cover N413 bil­lion ($2.1 billion) of debt owed to fuel importers under a sub­sidy scheme. Read more

Petrol price soars as scarcity persists nationwide

Pump price of petrol has continued to increase in towns across the country as scarcity of the product persists yesterday.

A survey by our correspondents in major cities nationwide shows that long queues have characterised the few fuel stations that are selling the product, while others remained closed. Read more

Power

World Bank Grants TCN N5.9bn Loan to Study Nigeria’s Electricity Demand

The Transmission Company of Nigeria (TCN) on Wednesday said it has secured a $30 million (about N5.977 billion) grant from the World Bank to study the nature of electricity load demand and energy mix in Nigeria.

TCN’s Deputy Managing Director, Mohammed Atiku, said at the fifth Nigerian International Power Expo and Conference that the country’s power sector lacked reliable data to plan from, hence the funding support from the bank. Read more

TCN blames sector problems on unreliable data

Deputy Managing Director of Transmission Company of Nigeria, TCN, Engr. Mohammed Atiku, yesterday attributed the nation’s power sector problems to lack of reliable data, saying Nigeria is yet to know the electricity load demand.

Atiku disclosed this at the 5th Nigeria International Power Expo and Conference organised by BKG Exhibition Limited in partnership with the Federal Ministry of Power in Abuja. Read more

Sports

Eagles may face Black Stars, Indomitable Lions

Five-time World Cup finalists Nigeria could well draw arch-rivals Ghana and Cameroon in the group phase of the qualifying tournament for the 2018 World Cup should the FIFA rankings be mainly used to seed teams.

No date has been fixed yet for the draw for this final round of the World Cup qualifiers, which will be played on league basis, but speculations are rife that it could be before the end of the year. Read more

I’ll Sweep Nigeria’s Sports Sector Clean Of Corruption – Dalong

The Minister of Sports and Youth Development, Solomon Dalong, has continued to read the riot to act to corrupt persons in the sporting world, as he has vowed to fight corruption in the sports sector, “with everything” he has.

The determined minister, who was speaking at a seminar organized by the FCT chapter of the Sports Writers Association of Nigeria (SWAN) to mark the SWAN Week at the National Stadium, Abuja, yesterday, described corruption as a “great cancer crippling the growth of Nigeria in sports”. Read more

Van Gaal Names Finidi George in his Ajax success story

Years after Nigerian international Finidi George quit active football, his former manager and current Manchester United sweat merchant has recalled with nostalgia how he personally paid the transfer fee to get Finidi on board.

The Dutchman who won three Eredivisie titles and the Champions League during his six years as Ajax  manager in what could pass for stock taking expressed delight that the players he had then rose to the occasion and produced impressive results even as he revealed financial constraints that forced him to rely on the club’s academy.   Read more

Aftermath of 2018 World Cup qualification: NFF holds on to Eagles’ Swaziland match bonuses

Despite beating Swaziland on 2-0 on Tuesday in Port Harcourt to book a ticket to the group round of the 2918 FIFA World Cup, the Super Eagles are yet to be paid their camp al­lowances and match bonuses.

Instead, the players have been or­dered by the Nigeria Football Federa­tion to open domiciliary accounts so that their money can be transfered to them. Read more

World News

At least 10 killed by flash floods in SW Kenya

More than 10 people have died since heavy rains started pounding Narok County in southwest Kenya at the beginning of this month.

County Commissioner Magu Mutindika said five children of the same family died on Tuesday after they were hit by mudslides in Enakishomi area of Narok South Sub County. Read more

South Africa sacks 47 UN peacekeepers after curfew breach in DRCongo

The South African military said on Wednesday it had dismissed 47 peacekeepers serving in the United Nations mission in the Democratic Republic of Congo for violating curfew.

South African National Defence Force (SANDF) spokesman Brigadier General Xolani Mabanga said the soldiers were fired for breaking a “curfew in the Eastern Congo where they were based” in September.  Read more

Environment ministry in drive to rid Nairobi of toxic gases

The Environment ministry has embarked on an initiative to clean “poisonous air that Nairobi county residents breathe”.

In March, a study showed Nairobi residents inhale poisonous gases.

It was conducted by the University of Nairobi Institute of Nuclear Science and Technology in partnership with Gothenburg University, Sweden, and Columbia University’s Earth Institute. Read more

State told to involve locals in mining

The proposed mining strategy should include resettlement and compensation for displaced communities, the church has said.

National Council of Churches of Kenya general secretary Peter Karanja said communities should benefit from mining for peace and economy. Read more

Government told to end graft or lose investors

Five unions have urged the government to quell corruption or lose potential investors.

Amalgamated Union of Kenya Metal Workers Union general secretary Justus Otakwa said graft has been widely reported in the Kenyan media. Read more

Chad extends state of emergency over Boko Haram attacks

Chad’s national assembly extended a state of emergency in the western Lake Chad region by four months on Wednesday following a double attack by Boko Haram militants that killed some 12 people. Read more

Beijing vows justice after Islamic State executes Chinese captive

China vowed on Thursday to “bring to justice” those responsible for executing one of its citizens after Islamic State said it had killed a Chinese captive, the first and so far only known Chinese hostage held by the group.

Islamic State said it had killed a Norwegian and a Chinese captive, showing what appeared to be pictures of the dead men under a banner reading “Executed” in the latest edition of its English language magazine. Read more

Don’t blame me for Isis, says Syrian President Bashar al-Assad

The Syrian president, Bashar al-Assad, has declared his country was not a breeding ground for Isis, blaming the creation of the jihadist organisation on the west.

“I can tell you Daesh doesn’t have the natural incubator, social incubator, within Syria,” he said in a television interview with Italian national broadcaster Rai, using the Arabic acronym for the Islamic State group. Read more

Texas executes Raphael Holiday over fire that killed three children

A Texas inmate has been executed after failed appeals for setting a fire that killed his 18-month-old daughter and her two young half-sisters at an east Texas home 15 years ago.

Raphael Holiday, 36, became the 13th convicted killer put to death this year in Texas, which carries out capital punishment more than any other state. It has accounted for half of all executions in the US so far this year. Read more

Iran: Nuclear Equipment Is Cut Back

Iran has started cutting back on some nuclear technology, which could be re-engineered to make nuclear weapons, in line with a deal it signed with six world powers, a report by the United Nations’ nuclear agency said Wednesday. But diplomats familiar with the report cautioned that Iran was keeping thousands of machines on standby that could be used for military purposes.

The report, by the International Atomic Energy Agency, shows that since October, Iran has reduced the number of centrifuges it uses to enrich uranium, which can produce nuclear fuel, isotopes for research or the core of an atomic bomb, depending on the degree of enrichment. Read more

Venezuela president orders investigation after report on U.S. spying

Venezuelan President Nicolas Maduro said on Wednesday he had ordered an investigation into allegations that the U.S. government had spied on state oil company workers for a decade.

The Intercept website, citing documents it said came from whistleblower Edward Snowden, published an article on Wednesday saying that the National Security Agency had spied on top officials at state oil company PDVSA.  Read more

French-born man charged over allegedly threatening two Muslims

A charge against a French-born man accused of threatening two Muslims in Queensland has been described as “wrong” by a magistrate.

Francky Yann Guise, 37, faced Southport magistrates court in the Gold Coast on Thursday charged with two counts of common assault and one count of making threats to cause detriment. Read more

 

 

 

Dear bank boss, your rude staff is costing you customers

 

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