Sabinews Morning News Update for November 16, 2015
Dangote Cement customers to get N300 million cash
In a bid to compensate and enrich its teeming customers across the country, Dangote Cement will from Monday, November 16, 2015 commences its biggest promo that will benefit 3, 783 customers. The promo, which will be activated across the country will run for three months, with total benefits of N300 million to be shared among 3,783 customers.
Two prizes of one million naira each will be won daily for 90 days by 180 lucky winners for the duration of the promo while a whopping N30 million will be won by a lucky winner every month. Read more
INEC sued over non-issuance of voters’ cards
A legal practitioner, Mrs, Jayne Eriata and 1,430 others have dragged the Independent National Electoral Commission, INEC, before a Federal High Court sitting in Benin City, Edo State, over their being allegedly denied permanent voters’ cards by the commission before the last general election.
Eriata and others, who are claiming N20 million as damages, are from Ward 10, Ekpon Igueben Local Government Area of Edo State. Read more
PDP Alleges Plot by APC to Rig Kogi Governorship Election
The Peoples Democratic Party (PDP) has raised the alarm over alleged secret meetings involving the presidency, the Independent National Electoral Commission (INEC) and some security forces where the agencies were ordered to use official and unofficial means necessary to ensure victory for the All Progressives Congress (APC) in the November 21 Kogi State governorship election.
But in a swift reaction, the presidency denied the allegation, saying President Muhammadu Buhari only called a meeting with the Inspector General of Police, Solomon Arase and INEC to tell them to provide a level-playing field for all the contestants. Read more
MASSOB blasts Fr. Mbaka over anti-Biafra stance
A faction of the Movement for the Actualization of Sovereign State of Biafra,MASSOB, weekend, lashed out at Enugu Catholic Priest,Rev.Fr. Ejike Mbaka, describing his comment on the struggle for Biafra as insensitive and unguided.
This is coming as MASSOB, yesterday, said that a Biafran Republic will be declared very soon without bloodbath. Read more
Ambode, Ajimobi lead sympathisers as HID Awolowo begins final journey
Governor Akinwunmi Ambode of Lagos State and his Oyo State counterpart, Abiola Ajimobi, are leading citizens of their states to the final burial events for Mrs Hannah Idowu Dideolu, HID, Awolowo as the final burial rights commence.
She died on September 19, and the rights which started with lying-in-state at her Park Lane residence in Apapa, yesterday, is expected to climax with the interment scheduled for November 25 when she would have been 100 years old. Read more
FG using Remita to defraud Nigeria —Fayose
Ekiti State governor, Mr. Ayodele Fayose has accused the Federal Government of using an e-Payment firm, Remita to defraud Nigeria, saying he would not attend a meeting summoned by the government to discuss the Treasury Single Account, TSA.
This came as the governor said should the All Progressives Congress, APC, decide to boycott the forthcoming local government elections in Ekiti, the exercise would still hold on December 19, as scheduled. Read more
Relief, as rehabilitation on Onne Seaport access road begins
Relief has come to users of Onne Seaport in Rivers State as Governor Nyesom Wike, in collaboration with Intels Nigeria Limited and other companies, has kicked off rehabilitation work on the failed 6km portion of East-West Road, particularly between Eleme and Onne Port junctions, in Port Harcourt, the state capital.
According to the Head, Public Relations and Nigerian Content Development for INL, Mr. Isidore Sambol, after many years of waiting for the Federal Government to intervene, with no luck, the state government, alongside leading oil and gas operators, contracted Reynolds Construction company, RCC, to rehabilitate the road. Read more
Nigerian solves 156-yr-old Riemann mathematics hypothesis
The 156-year old Riemann Hypothesis, one of the most important problems in Mathematics, has been successfully resolved by Nigeria Scholar, Dr. Opeyemi Enoch.
With this breakthrough, Dr Enoch, who teaches at the Federal University, Oye Ekiti, FUOYE, has become the fourth egghead to resolve one of the seven Millennium Problems in Mathematics. Read more
Wike Promises Security Agencies Maximum Support
River State Governor, Nyesom Wike, has said his administration would give maximum support to security agencies in the state to ensure the dividends of democracy for the people.
Wike spoke at the weekend at the closing ceremony of the Nigerian Navy 2015 Inter-Command Swimming Competition, which took place at Adokiye Amiesimaka Stadium, Igwuruta-Ali, Port Harcourt. Read more
Lagos Accounts for 65% Non-oil GDP, Says Ambode
Lagos State Governor, Mr. Akinwunmi Ambode, on Sunday said his state accounts for over 65 per cent of Nigeria’s non-oil Gross Domestic Product (GDP) and 60 per cent of value added manufacturing.
The governor thus urged the country to pay more attention to the non-oil sectors of the economy in view of the historic fall in the prices of crude oil at the international market and consequent dwindling revenue from oil. Read more
48 Hours After Court Order, DSS Continues Siege on Dasuki’s Home
In defiance of a second court order in the space of two weeks, the Department of State Services (DSS) has refused to vacate the Abuja residence of the immediate past National Security Adviser (NSA), Col. Sambo Dasuki (rtd), in order to allow him to travel for medical treatment abroad.
The Federal High Court sitting in Abuja last Friday directed the DSS to end their siege to Dasuki’s home, while chiding the service for its flagrant violation of the first ruling by the court. Read more
Police Arrest Three Ex-convicts for Traffic Robbery
The operatives of the Rapid Response Squad (RRS) of Lagos Police Command, on Sunday arrested three ex-convicts for suspected traffic robbery at the Oshodi area of the state.
The robbery suspects identified as 21-year-old Adekunle Mustapha, 20-year-old Popoola Olumide, and 20-year-old Femi Amusa, were arrested following a tip-off from their victim, Olasunkanmi Oyelakin. Read more
NUPENG Urges FG to Diversify Economy
The National Union of Petroleum and Natural Gas Workers (NUPENG) has urged the federal government to as a matter of urgency look inward by diversifying the nation’s economy through the promotion of agriculture, solid minerals and tourism to generate more revenue for the country.
In a welcome address delivered at the 2015 NUPENG National Education Seminar in Owerri, the National President, Comrade Igwe Achese, expressed concern over the adverse effect the oil gloom in the world has caused on the nation’s economy, which had in no small measure affected money in-flow and had reduced the revenue accruing to the nation by 50 per cent. Read more
Inflation dips to 9.3% in October, says NBS
Inflation in October has dipped to 9.3 per cent as against 9.4 per cent recorded in September.
In a report made available to Daily Sun, National Bureau of Statistics (NBS) attributed the drop in October to the lower increases in most divisions, which contribute to the headline index with the exceptions being transport, and recreation and culture divisions. Read more
Don’t dump auto policy, NECA urges Buhari
The Nigeria Employers’ Consultative Association (NECA) has cautioned the Federal Government against suspending the National Automotive Policy (NAP) as being touted by some stakeholders.
Expressing grave concern over recent calls on the Buhari government to jettison what it described as a laudable policy, NECA said policy inconsistency has been the bane of Nigeria as a nation. Read more
No Respite as Equities Extend Bearish Run
There was no respite for investors in the Nigerian equities market last week despite mid-week rally that trailed the inauguration of a new cabinet by President Muhammadu Buhari. Contrary to expectations that the formation of federal cabinet would boost investors’ confidence, the market, again market bowed to sell pressure that was triggered by weaker-than-expected third quarter results released by most listed companies.
During the week, the prevailing negative sentiments were reflective of the uncertainties that have largely overshadowed the markets all through 2015. Read more
FG’s bail-out to states boosts loan repayment in banks – CBN
The Central Bank of Nigeria (CBN) said that the Federal Government’s bail-out funds to states have boosted loan repayment in the banking industry. This was one of the highlights of the apex bank’s Credit Conditions Survey for the fourth quarter of 2015. The survey revealed reduction in loan default across the industry courtesy of the bail-out funds to state governments.
The CBN stated, “Secured loan performance, as measured by default rates improved in the review quarter. This improvement could be adduced to the payment of workers’ outstanding salaries in some states of the Federation as a result of the salary bailout. Similarly, lenders expect improved performance in the next quarter as default rates were expected to fall further. Read more
Interbank Rates Flat as OMO Bills Mature
Nigeria’s interbank lending rate held steady for the second consecutive week at 0.5 per cent after the central bank injected matured Open Market Operation (OMO) bills into the system.
OMO is one of the key monetary policy tools used by the central bank to manage the volume of liquidity in the system, through the sell or purchase of treasury bills. The CBN recently eased liquidity in the system by suspending its regular sale of treasury bills to mop-up liquidity in the system. Read more
Oil and Gas
Fuel scarcity bites harder in Lagos, Abuja, others
Business activities may slow down across the country as a nationwide fuel scarcity, which began last week, did not show any sign of respite on Sunday.
The fuel scarcity in Abuja and neighbouring states of Nasarawa and Kaduna intensified on Sunday, a development that led to the flooding of major roads by black marketeers, who sold the product at exorbitant rates to desperate buyers. Read more
PPPRA Allots 1.5mmt to MRS, Total, Forte Oil, 16 Others for Petrol Importation in Q4
¨The federal government has granted approval for the importation of 1.5 million metric tonnes of petrol to 19 companies for the fourth quarter of 2015.
This is coming as the co-founder and chief executive officer of Geneva-based Mercuria Energy Group, Mr. Marco Dunand, met with President Muhammadu Buhari on November 11, during which he indicated interest in investing $1.5 billion in Nigeria’s downstream and upstream oil sector. Read more
Electricity consumers’ complaints highest at Ikeja Disco – NERC
The Ikeja Electricity Distribution Company recorded the highest number of consumer complaints between January and March this year, figures contained in the third quarter report of the Nigerian Electricity Regulatory Commission have shown.
Specifically, 30,084 customers tabled various complaints about the power firm during the period. Read more
Enyimba crowned Glo League champions
Newly crowned Glo Premier League champions, Enyimba, denied Sunshine Stars a continental ticket, holding the Owena Waves to a 0-0 draw at the Teslim Balogun Stadium yesterday.
The People’s Elephant who secured their seventh Glo Premier League title after a goalless draw against Warri Wolves last weekend were presented with their trophy yesterday. Read more
Russia 2018 Qualifiers: We’ll shock Eagles in Port-Harcourt –Sihlangu
Head coach of the National Team of Swaziland, Harries Bulunga has affirmed that his side nicknamed Sihlangu Somnikati, will leave nothing to chance in their match against the Super Eagles of Nigeria in Port-Harcourt, stressing that his side will shock Eagles to gain a place in the final qualification round for Russia 2018.
On arrival in Port Harcourt on Sunday morning, Sihlangu’s Coach, Harries Bulunga, reiterated the position he held after the first leg in Lobamba on Friday. “We held our own very well in the first leg and we will go for broke on Tuesday.” Read more
IS ups the ante in Egypt
“The worst is yet to come,” worried Egyptian analyst Ismail Alexandrani in July after local militants claiming Islamic State (IS) patronage struck an Egyptian warship and set it ablaze. His fears have come true in an unexpected way. The Wilayet Sinai or Sinai Province (SP) offshoot of IS took credit for downing a Russian-owned Metrojet airliner on October 31. All 224 passengers flying from Sharm el-Sheikh to St Petersburg died in the crash. In its self-congratulatory tweets, SP referred to those killed as “Russian crusaders.” Read more
15 Sudanese migrants killed near Egypt’s border with Israel
A group of Sudanese migrants were caught up Sunday in the crossfire of a gun battle between Egyptian security forces and Bedouin smugglers as they were about to illegally enter Israel from Egypt’s Sinai Peninsula, security and hospital officials said. Fifteen of the migrants were killed and eight were wounded, they said.
An additional eight migrants, who were unhurt in the incident, were arrested by the Egyptians and were being interrogated, the officials said. Read more
MTN fined Shs 2.3bn for sabotaging competition
The Commercial court has ordered telecom giant MTN Uganda to pay a sum of Shs 2.3bn (about $662,000) in damages to EzeeMoney Limited for sabotaging its business.
Justice Henry Peter Adonyo on November 6, 2015 also ordered MTN to stop acting in unlawful and anti-competitive manner, which denies other businesses an opportunity to prosper. Read more
US transfers five Guantánamo Bay detainees to United Arab Emirates
The United States has announced the transfer of five detainees from Guantánamo Bay to the United Arab Emirates, part of a long-delayed plan to close the controversial military prison.
The move means that 107 detainees remain at the prison in Cuba, the Pentagon said in a statement, adding that it was “grateful to the government of the United Arab Emirates for its willingness to support ongoing US efforts to close the Guantánamo Bay detention facility”. Read more
France bombs Islamic State HQ, hunts attacker who got away
France launched “massive” air strikes on the Islamic State group’s de-facto capital in Syria Sunday night, destroying a jihadi training camp and a munitions dump in the city of Raqqa, where Iraqi intelligence officials say the attacks on Paris were planned.
Twelve aircraft including 10 fighter jets dropped a total of 20 bombs in the biggest air strikes since France extended its bombing campaign against the extremist group to Syria in September, a Defense Ministry statement said. The jets launched from sites in Jordan and the Persian Gulf, in coordination with U.S. forces. Read more
New York plastic surgeon performs ‘most extensive’ face transplant ever
A plastic surgeon at New York University’s Langone Medical Center has performed the “most extensive” facial transplant ever.
Dr Eduardo Rodriguez performed the transplant over 26 hours in August. In that time, he gave a 41-year-old former firefighter from Tennessee, Patrick Hardison, the face of David Rodebaugh, a 26-year-old bike mechanic from Brooklyn who became braindead after a cycling accident this summer. Read more
France launches massive strike against ISIL in Syria as manhunt intensifies
France launched massive retaliatory airstrikes against the Islamic State on Sunday as a manhunt intensified for at least one fugitive linked to the extremist group who vanished following the murderous mayhem that left 132 people dead, hundreds injured and residents anxious that terrorists remained among them.
French warplanes targeted the Islamic State’s de-facto capital in Syria, destroying a training camp and a munitions dump in Raqqa, where Friday’s terrorist attacks on Paris likely were planned. Read more
China says global war on terror should also target Uighur militants
The struggle against Islamist militants in China’s violence-prone far western region of Xinjiang should become an “important part” of the world’s war on terror, China’s foreign minister said, following the attacks in Paris.
Hundreds of people have died in unrest in Xinjiang, home to the mostly Muslim Uighur people, and other parts of China over the past three years. Read more
Wife of Australian ISIS recruit pleads guilty
The wife of one of Australia’s most notorious extremists, Mohamed Elomar, has pleaded guilty to supporting overseas terrorism.
Fatima Elomar was intercepted at Sydney Airport in May last year as she tried to board an international flight. Read more
Protests erupt after black man shot by police in Minneapolis
An investigation has been launched into the shooting by a Minneapolis police officer of a black man suspected in an assault – an incident that prompted protests and led to a community meeting with the mayor and police chief Sunday.
Accounts from some witnesses that the man was handcuffed when he was shot sparked outrage. Police said their preliminary investigation shows the man was not handcuffed but the investigation is ongoing, the Associated Press said. Read more