*Danjuma visits Jonathan, avoids endorsement* *Why OPEC Might Be Prepared to Raise Oil Prices*

*Danjuma visits Jonathan, avoids endorsement* *Why OPEC Might Be Prepared to Raise Oil Prices*

 Sabinews Midday News Update for March 11, 2015MIDDAY NEWS

 

Danjuma visits Jonathan, avoids endorsement

A former Minister of Defence, Gen. Theophilus Danjuma, on Wednesday met behind closed-doors with President Goodluck Jonathan at the Presidential Villa, Abuja.

The meeting which lasted for about 15 minutes, was held inside the President’s residence in the early hours of the day. Read more

Why OPEC Might Be Prepared to Raise Oil Prices

Low oil prices are taking their toll on the U.S. energy industry, but the impact domestically pales in comparison to the effect on countries that rely on oil to balance their national budgets. OPEC countries like Nigeria, Venezuela and Iran are going to experience massive deficits in 2015 if oil prices don’t rise, and they’re increasing pressure on OPEC to rein in production in an effort to increase oil revenue. Read more

INEC promises employment for disabled persons

Independent National Election Commission (INEC) has promised to engage the services of disabled persons in the country for future elections.

Desk Officer, Gender and Civil Society Organisation in the commission’s Ogun State office, Mrs Osikomaiya Adeola, disclosed this during a seminar organised for members of Joint National Association of Persons With Special Needs, JONAPIWD, ahead of the forthcoming polls in Abeokuta on Tuesday. Read more

FG commissions 102 units housing scheme

The Federal Government on Tuesday commissioned a 102 units ministerial pilot housing scheme funded by the Federal Mortgage Bank of Nigeria (FMBN).

Speaking at the commissioning in Suleja, Niger State, Minister of Lands Housing and Urban Development, Mrs Akon Eyakenyi commended President Goodluck Jonathan for the impressive steps the present administration has taken in the last four years to revamp and re-invigorate the housing sector to ensure that Nigerians have access to affordable and quality housing. Read more

Famine hits Madagascar

Clutching a small bag of corn in one hand, six-year-old Haova Toboha scratches the ground with the other in the hope of turning up stray kernels left from a UN food handout.

“I found these and I’ll add them to the corn given to my parents” by the UN World Food Programme, said the little girl with the plastic bag in the village of Berano, southern Madagascar. Read more

Eland Oil & Gas to unlock Opuama’s potential as reserve lending gets green light

Eland Oil & Gas’s (LON:ELA) Opuama field in Nigeria is currently producing 3,100 barrels of oil per day and the conditions of a reserves based lending facility have now been met.

Via the Elcrest vehicle Eland owns 45% of Opuama, and its share of production equates to 1,395 bopd. Read more

Candidates laud JAMB on CBT, as UTME kicks off

The Unified Tertiary Matriculation Examination (UTME), expected to produce undergraduates into Nigerian tertiary institutions for the 2015 academic year, kicked off in designated centres in the Federal Capital Territory (FCT) on Tuesday.

This is even as most of the candidates applauded the Computer Based Test (CBT) initiative by the Joint Admission and Matriculation Board (JAMB). Read more

APC debunks Buhari’s one-term tenure if elected

The All Progressives Congress (APC) has debunked the myth being peddled by the PDP that Muhammadu Buhari will spend only one term in office if elected President, saying it is the creation of the PDP, which is seeking to play a section of the country against another.

‘’The APC will not abridge the right of Gen. Muhammadu Buhari to spend the constitutionally-guaranteed two terms as President of the Federal Republic of Nigeria if elected in the March 28 poll,’’ the party said in a statement issued in Lagos on Tuesday by its National Publicity Secretary, Lai Mohammed. Read more

1004 Estate: NERC Panel Proceeds with Hearing on Alleged Electricity Theft

Putting public interest above any other, the three-man administrative panel constituted by the Nigerian Electricity Regulatory Commission (NERC) to determine a petition on an alleged illegal electricity trading at a Lagos high-rise estate, the 1004 Estate, on Tuesday ruled that it had the relevant jurisdiction to proceed with the case.

The panel comprising Mr. Muhammed Bello, NERC’s Vice-Chairman, Dr. Steven Andzenge, Commissioner for Legal Licensing and Enforcement, and Mary Awolokun, Commissioner for Engineering Standard and Safety, stated at the resumed hearing of the petition in Abuja that it would proceed with the case to hopefully determine it. Read more

In Less Than a Year, Nigeria Now PayPal’s Number Two Market in Africa

With online retailers Jumia and Konga making considerable inroads in Africa’s largest economy and with the exponential growth of other online transactions, PayPal has revealed that Nigeria has already grown to become its second largest market in Africa after South Africa, less than one year after it was launched in Nigeria.

Making this known, Malvina Goldfield, PayPal Head of Business Development, sub-Saharan Africa, expressed satisfaction with PayPal’s acceptance in the country since its launch last year. Read more

South Africa TV presenter Vuyo Mvoko mugged on camera

One of South Africa’s best known TV reporters has been mugged on camera as he waited to go on air in Johannesburg.

Footage shows two men accosting Vuyo Mvoko, from the national broadcaster SABC, who was outside Milpark Hospital to report on the arrival of Zambia’s president for medical tests. Read more

11 missing in helicopter crash

Seven marines and four soldiers were missing today after a US Army helicopter crashed during a night training exercise.

Eglin Air Force Base in Florida said the marines are part of a special operations group and the soldiers are from a Louisiana-based National Guard unit. Read more

Iran to turn women into ‘baby-making machines’ by banning vasectomies and contraceptives

The Iranian authorities have been accused of trying to turn women into “baby-making machines” with a series of strict new measures designed to boost the nation’s fertility rate.

According to Amnesty International, two laws are being considered by the Iranian parliament that would “set the rights of women and girls in Iran back by decades”. Read more

 

 

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