Sabinews Morning News Update for November 17, 2015
Eight Deadly Boko Haram Members Let Loose on Maiduguri, Says Army
The Nigerian Army on Monday said eight deadly Boko Haram terrorists had been let loose on Maiduguri, the capital of Borno State.
The army in a statement by Media Coordinator Operation Lafiya Dole, Colonel Tukur Gusau, said one of the nine men was arrested with assault rifles and improvised explosive devices (IEDs) and on a mission to unleash death of people of the troubled town. Read more
N10m property razed by fire in Warri
Tragedy struck during the weekend in Warri, Delta State as properties running into millions of naira were destroyed by fire at the popular Pessu Market.
Daily Sun investigation revealed that the early morning inferno, which ravaged 14 stores, also torched other areas where illicit gin, popularly known as ogogoro was being sold. Read more
Fuel scarcity: Food, transport fares skyrocket in Imo
Following acute scarcity of Premium Motor Spirit (PMS) in Imo State, prices of food items and transport fares have skyrocketed.
The situation has caused long queues of vehicles at various filling stations within the capital city and in all parts of the state as a litre of PMS now sells for between N150 and N200. This is even as the product at the black market sells for N250 per litre. Transport fares within and outside the capital city has been increased by 100 per cent by tricycle operators, popularly known as (Keke operators) and commercial buses. Read more
Hajj Stampede Update: 274 Nigerians Confirmed Dead, 44 Missing
The commissioner for information, library research and statistics, National Hajj Commission of Nigeria (NAHCON), Dr Saleh Okenwa, has disclosed that 274 Nigerian pilgrims have been confirmed dead in the tragic Hajj stampede in Mina, Saudi Arabia during this year’s Hajj operation.
Dr Okenwa, who disclosed this yesterday in Abuja at a press a conference to give an update on the September 24 stampede in the holy land, said 44 other Nigerian pilgrims are still missing while two were injured as a result of the incident. Read more
Buhari Launches 2016 Armed Forces Remembrance Emblem
President Muhammadu Buhari monday in Abuja said Nigerians and visitors to the country might be required to wear the 2016 Armed Forces Remembrance Emblem as pass for entry into all government establishments.
Buhar stated this at the launch of the 2016 Armed Forces Remembrance Emblem at the Council Chamber of the Presidential Villa in Abuja. Read more
‘Nigeria is third largest consumer of lubricants in Africa’
Nigeria has emerged the third largest consumer of lubricants in Africa, even as agitations evolve on the need for the Federal Government to review the regulatory and statutory guidelines on the establishment of lubricating oil blending plants in the country.
Specifically, the stakeholders in the sector, who rolled out the statistics recently said there are 32 registered and other illegal blending plants in the country with a total installed capacity of about 965 million liters per year. Read more
Okowa Inaugurates 69 Man Security Committee
Delta State Governor, Dr. Ifeanyi Okowa, has inaugurated a 69-man Delta State Waterways and Land Security Committee with a charge to ensure sustainable peace and security throughout the state.
Okowa who inaugurated the committee monday at the Government House, Asaba informed the members that their assignment was to enhance peace and security through information and intelligence gathering as well as maintain a close relationship with the various security heads in the state. Read more
Arik Denies Its Aircraft Lost Engine, Tyre in Accra
Nigeria’s major carrier, Arik Air, has denied that its Accra-Banjul flight on Sunday, which had the national U-23 team on board, lost a tyre and engine and endangered the lives of the passengers.
In a statement signed by the airline spokesman, Adebanji Ola, the operator lamented that Nigerians painted grossly erroneous pictures of the flight. Read more
UNESCO: Over 62m Nigerians are Illiterate
United Nations Educational Scientific and Cultural Organisation (UNESCO) has disclosed that over 62 million Nigerians are illiterate, adding that is inimical to the nation’s growth.
UNESCO also said it would take 58 years to eradicate illiteracy, even with innovations like Information and Communications Technology and other learning mechanisms. Read more
Crisis rocks APGA ahead of poll
In less than one week to the Kogi State governorship election, crisis may have engulfed the All Progressives Grand Alliance (APGA) in the state, as the state chairman of the party, Mr. Ocholi Ameh, has been suspended for alleged anti-party activities.
In a letter of suspension by the state executive council of the party, which was signed by the Secretary, Ben Nweke, among others, the party resolved to suspend the chairman for allegedly diverting the money meant for the party flag-off rally to personal use. Read more
Shekarau joins Dickson’s campaign, predicts victory
The re-election bid of Governor Henry Seriake Dickson has been boosted, as former Kano State Governor and former Minister for Education in President Goodluck Jonathan’s administration, Mallam Ibrahim Shekarau, joined his campaign train to Kolokuma/Opokuma Local Government Area yesterday.
He also predicted victory for Dickson and the Peoples Democratic Party (PDP) in the December 5 election in the state. Read more
Obiano calls for state of emergency on gully erosion
Anambra State Governor, Wille Obiano has called on the Federal Government to declare a state of emergency on gully erosion in the state.
Obiano made the call when he played host to the NEWMAP, World Bank partners on erosion control projects in the state. Read more
FG to rid seaports of substandard trucks
To check incessant accidents around the seaports caused by substandard trucks, the Nigerian Ports Authority (NPA) has constituted a surveillance team drawn from the Safety Department of Western Ports to rid the Lagos ports of rickety articulated vehicles.
Spokesman of NPA, Iheanacho Ebubeogu, who stated this yesterday said members of the team were drawn from Lagos Ports Complex (LPC) and Tin Can Island Port Complex (TCIPC). Read more
‘NCC sanctions telecoms operators due to subscribers complaints’
The telecommunications umpire, Nigerian Communications Commission (NCC), disclosed at the weekend that most of the sanctions on telecommunications operators were enforced by subscribers’ various complaints.
The regulator disclosed this during its NCC Day at the 29th edition of the 2015 Lagos International Trade Fair, organised by the Lagos Chamber of Commerce and Industry. Read more
Woman bathes husband with hot water over breakfast
Last Thursday morning at Gbagidi, Ijanikin area of Lagos State, a housewife known as IyaDeborah, reportedly emptied a bowl of hot water on her husband, identified as Ajagadi.
Iya Deborah had complained bitterly after her husband gave her N700, out of the N800 he had, to prepare yam and sauce breakfast for the family. She bought the yam, but emptied the boiling water on her husband, who was fiddling with his phone in the sitting room, waiting for his meal. Read more
World Bank/NEXIM collaboration on solid minerals development
RECENTLY the Managing Director of the Nigerian Export-Import Bank (NEXIM Bank), Mr. Roberts Ungwaga Orya, hosted a team of experts from the World Bank led by Dr. Francisco Igualada, Senior Mining Specialist, Energy & Extractives Unit, and Mr. Linus Adie Utsu of Mining Investments Consult to share ideas on how to provide structured intervention towards revamping and deepening Nigeria’s mining sector. On the work of NEXIM, Mr. Orya informed the team that the Bank was set up to assist the government in diversifying the Nigerian economy away from the oil through the pro- vision of export credit facility, risk bearing facilities, trade and market information and export advisory services to export-orient- ed investors in the manufacturing, Agro processing,Solid minerals and Services (MASS) sectors. Read more
China plans multi-billion dollar investments in Cross River
Efforts of the Cross River State Governor, Prof. Ben Ayade to attract investments into the state received a major boost in far away China with a province, Henan, making a firm commitment to invest multi-billion dollars in the state.
The Henan Provisional Government unveiled its plans to invest in Cross River at a meeting between its Commissioner, Mr. Jiao Jinmiao and Governor Ayade in Zhengzhou. The planned investments include an industrial city where cars and spare parts would be manufactured. Read more
Why we ignored calls for naira devaluation, by CBN
The Central Bank of Nigeria, CBN, yesterday, disclosed that it refused to further devalue the Naira because it would not have had direct impact on the country’s exports as a mono-economy.
The CBN Governor, Mr. Godwin Emiefele who stated this, added that naira devaluation would lead to hyper-inflation because when the import is higher, for the country that largely depends on importation, it would lead to increase in price of goods. Read more
Oil and Gas
OPEC export price falls below $40 per barrel
The average price of crude oil sold by the Organisation of Petroleum Exporting Countries (OPEC) fell below $40 a barrel for the first time since 2009, underscoring the financial cost of the group’s strategy to defend its market share.
The daily OPEC basket price dropped to $39.21 a barrel on November 13, according to an e-mail on Monday from the organization’s secretariat in Vienna. Read more
Again, Senior Oil Workers Back Conditional Subsidy Removal
In a rather sharp contrast to the position of the larger central labour house, the Nigeria Labour Congress (NLC), the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has reiterated its support for the removal of subsidy on petrol by the federal government.
PENGASSAN said shortly after its National Executive Council (NEC) meeting in Abuja that it would rather than support government’s continuation of subsidy on petrol, ask that a gradual withdrawal of the policy be adopted by the government while it steps up efforts to ensure in-country refining of petroleum products. Read more
Lagos Reviews Agreements for Oil and Gas Production
The Lagos State Government has commenced a review of the governing agreements on oil and gas exploration and production as the state prepares to attain the status of the 11th oil producing state in the country.
Speaking at the just concluded 33rd conference of the Nigeria Association of Petroleum Explorationists (NAPE) held in Lagos, Governor Akinwunmi Ambode however promised the operators that the state would provide incentives to compensate them for the risks being taken. Read more
Sustaining the Reforms in Oil and Gas Sector
The appointment of Dr. Emmanuel Ibe Kachikwu as both the Group Managing Director of NNPC and the Minister of State for Petroleum has presented a golden opportunity for him to realise his vision for the Nigeria’s oil and gas sector.
With no other minister to wield undue political interference in the running of the affairs of the NNPC, Kachikwu has a golden opportunity to implement the agenda of President Muhammadu Buhari’s administration in promoting transparency and restoring professionalism and confidence of investors in the management of the country’s hydrocarbon resources. Read more
Aje field offshore Nigeria ready to begin production
Panoro Energy ASA, Oslo, has announced the completion of the Aje-4 well in the Benin basin’s Aje field offshore Nigeria. Oil production is scheduled to begin by yearend at an initial rate of 10,000 b/d, according to the company.
The well is connected by subsea manifold and production flowlines to Rubicon Offshore International’s floating production, storage, and offloading vessel, First Puffin, which produced oil from Puffin field in the Timor Sea. Read more
NNPC Pumps over 25m Litres of Petrol as Scarcity Bites
Despite growing queues for petrol by motorists at service stations across the country, the Nigerian National Petroleum Corporation (NNPC) monday said its downstream marketing arm, the Pipelines and Products Marketing Company (PPMC), had distributed a total of 25,042,686 million litres of petrol to 11 of itsdepots across the country as at monday.
NNPC had last Friday insisted that the country has enough petrol stocks to last for well about 35 days going by her average 40 million litres per day consumption rate. Read more
Power supply drops by 480MW as vandals attack Okpai-Onitsha tower
The power transmission to the national grid has suffered a major setback as the Okpai-Onitsha 330kV double circuit transmission line, evacuating power from the Okpai Power Station in Delta State was attacked by vandals.
The incident which took place at Asaba Uchi, Ndokwa East Local Government, has resulted in the reduction of available power to the national grid by about 480MW. Read more
Abuja Disco Expands Vending Operations
The electricity distribution company (Disco) with the franchise to distribute power to consumers in Kogi, Abuja, Nasarawa and parts of Niger, Abuja Electricity Distribution Company (AEDC) has upgraded and launched its information technology and vending operations within its coverage areas to 350, adding 300 more to the existing 50 vending points.
AEDC’s Managing Director, Mr. Neil Croucher, who spoke to reporters on this development at its formal presentation of one of the facilities in its Wuse-2 business unit, noted that it partnered with a firm, Kallak Power Limited to set up the 300 extra vending points which he said would make purchase of electricity recharge tokens for prepaid meter convenient for its customers. Read more
Ashaka Cem discovers new coal field
ASHAKA Cement Company Plc, a subsidiary of Lafarge Holcim, in Funakaye local government of Gombe State has discovered additional coal and limestone that will sustain the company for the next 50 to 100 years.
The Chairman of the company, Malam Suleiman Yahaya told the newsmen in Gombe on Saturday that, the coal will last for 60 years and the limestone 50 years. Read more
FG to explore a mix of energy sources to attain power needs- Osinbajo
Vice President, Yemi Osinbajo on Monday stated that the federal government was working to provide alternative energy sources through a mix of renewable and nuclear energy to improve power generation in the country.
He also disclosed that in addition to the existing mix of hydro and thermal sources of power generation, there were efforts to equally utilize other sources of energy including the solar option. Read more
Glo congratulates Enyimba, commends LMC
Next Generation Network and sponsor of the Glo Premier League, Globacom, has congratulated Enyimba Football Club of Aba for emerging champion of the 2014/2015 Glo Premier League season.
The Aba Elephants, who drew goalless with Sunshine Stars FC of Akure on Sunday at the Teslim Balogun Stadium, Lagos amassed 70 points from 38 matches to emerge champions. Enyimba, thus took over from Kano Pillars Football Club, which won the title for three consecutive seasons. Read more
The victorious Golden Eaglets
The nation’s victorious Golden Eaglets on Wednesday returned to a rousing welcome in Abuja after emerging winners of the 2015 FIFA U-17 world soccer championship held in Chile. The Emmanuel Amuneke-led defending champions also made history as the first team that had won the title for a record 5th time after defeating the Malian side with a resounding 2-0. Their sweet victory has profoundly confirmed our preeminence position at FIFA cadet football level.The team has entered the competition’s history books as the most successful nation in the FIFA U-17 championship. Read more
Burundi Open to Dialogue With Opposition
A senior Burundi official says his country’s government is willing to start a dialogue with the opposition, following calls for such talks by U.S. President Barack Obama and the United Nations.
Willy Nyamitwe, a senior adviser to Burundi’s president, told VOA’s Central Africa service Monday that a dialogue could take place either inside or outside the country. He offered few other details about the possible talks. Read more
Papua New Guinea Hopes to Achieve Stable Growth in Decade
The Philippines host this year’s Asia-Pacific Economic Cooperation (APEC). The APEC meetings have been under way in Manila, bringing together 21 Pacific Rim member economies, scheduled to culminate with the APEC Economic Leaders’ Meeting on November 18-19.
“In the next 10 years we will have enough political stability that will allow us the growth that will be stable,” he said during the Asia-Pacific’s premier business event. Read more
Zimbabwe’s new rules
Economically-hamstrung Zimbabwe has passed new regulations ordering some 300,000 beneficiaries of President Robert Mugabe’s controversial land reforms to pay annual rent and levies, a state daily said Monday. The new rules stipulate that ‘resettled farmers with permits and 99-year leases … shall be expected to pay rent and a development levy,” The Herald newspaper reported. The farmers will now be required to pay annual rental fees ranging from $3 to $10 per hectare. Source
Oil extends gains in Asia
Oil prices extended gains in Asia on Tuesday, but the uptick was capped as investors waited for data on US crude stockpiles expected to further underscore a global supply glut.
Prices pushed higher on Monday after US-led coalition jets bombed the Islamic State group’s oil operations following the deadly attacks on Paris, but analysts said the impact of geopolitical tensions on the oil market is limited. Read more
Boy, 19, accused of killing child for pouring porridge
A 19-year-old boy was yesterday charged with fatally beating his nine-year-old nephew.
The secondary school student is said to have killed the boy on August 28 at Kasabunu estate in Ruaraka, Nairobi. Read more
Justin Trudeau Takes a First Step Towards Marijuana Legalization in Canada
Canadian Prime Minister Justin Trudeau has called on Canada’s newly appointed Minister of Justice and Attorney-General Jody Wilson-Raybould to look into implementing marijuana legalization in the country.
In a mandate letter written to Wilson-Raybould, published on Friday, Trudeau asked her to collaborate with other ministers to “create a federal-provincial-territorial process that will lead to the legalization and regulation of marijuana.” Read more
Chinese vendor attempts to sell Vietnamese brides on Taobao
A bold entrepreneur has brought exploitation of China’s “Singles’ Day” shopping to a whole new level. While many vendors use the holiday to sell swathes of discounted wares to lonely PRC citizens looking for a retail distraction to their relationship status, one seller named Wang Xiao Xi’s Gift Shop has promised to end their marital woes by selling Vietnamese brides for RMB9998 (USD1500).
The seller — who placed the deal on the wildly popular Chinese digital retailer Taobao — was hawking more than 2500 wares in the past month, including socks for RMB1.6. But his bargain brides garnered the most attention, with selling lines like, “For only 9,998 yuan, bring a beautiful wife home.” Read more
Tokyo sues Okinawa in US base relocation dispute
The Japanese government took the local government in Okinawa to court Tuesday, launching a legal battle in their longstanding dispute over the planned relocation of a U.S. military air base on the southern island.
A lawsuit filed in a regional high court in Okinawa seeks an injunction to overturn Okinawa Gov. Takeshi Onaga’s recent decision to cancel a previously issued approval for land reclamation work for the base relocation. Read more
Australia receives first five Syrian refugees
Five Syrians have become the first of 12,000 refugees to arrive in Australia under a one-off plan to resettle people fleeing the country’s conflict.
The couple with three children arrived in Perth on Monday night after their resettlement was fast-tracked due to a medical condition. Read more
Stanford students begin ‘indefinite’ sit-in over fossil fuel divestment
Stanford University students have begun an indefinite sit-in to protest against the institution’s investments in fossil fuels.
According to protest organisers, more than 100 students attempted to enter the main administration building and office of the president on Monday afternoon. The students have been locked out but say they have encircled the building and will camp out there until Stanford acts on their demand to “completely divest” its financial holdings from the fossil fuel industry. Read more