October 21, 2018

Latest Updates

* FG orders Kachikwu to end fuel scarcity by weekend (Punch) * Christmas: Don’t eat smuggled rice, fish, chicken –FG (Sun)

*    FG orders Kachikwu to end fuel scarcity by weekend (Punch)    *       Christmas: Don’t eat smuggled rice, fish, chicken –FG (Sun)


FG orders Kachikwu to end fuel scarcity by weekend (Punch)

The Federal Government has ordered the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, to ensure that the fuel scarcity currently being experienced across the country does not extend beyond this weekend. The directive was given to the minister on Wednesday during the weekly meeting of the Federal Executive Council presided over by Vice President Yemi Osinbajo at the Presidential Villa, Abuja. President Muhammadu Buhari, who is currently on an official visit to Kano State, could not attend the meeting. Read more

Christmas: Don’t eat smuggled rice, fish, chicken –FG (Sun)

The Federal Government has warned Nigerians to beware of agricultural products smuggled into the country through the land borders, saying such items contain poisonous substances that are injurious to health. This was part of the resolution reach as the Federal Ministry of Agriculture and Rural Development convened a stakeholders’ meeting, yesterday, in Abuja, to discuss strategies for curtailing the influx of smuggled rice, frozen fish and poultry products (turkey and chicken) into the country through the border routes, especially as the yuletide approaches . Read more

I represent new face of PDP – Dokpesi (DailyTrust)

Founder of Daar Communications, Chief Raymond Dokpesi, said he represented the new face of Peoples Democratic Party (PDP) where political aspirations of members would be attained. Dokpesi, a national chairmanship aspirant of the party, stated this at a news conference in Owerri on Wednesday as he rounded off his nationwide campaign ahead of Saturday’s national convention of the party. Read more

Atiku’ll speak at Saturday’s national convention –PDP (Punch)

The Peoples Democratic Party has said former Vice-President Atiku Abubakar will not vote at its December 9 national convention, which holds at the Eagle Square, Abuja. It says this is because of the provision of the party’s constitution that deals with new entrants into the party. However, the party said Atiku would be allowed to speak at the convention. The Publicity Secretary of the National Caretaker Committee of the PDP, Dayo Adeyeye, who spoke with journalists at a press briefing in Abuja on Wednesday, said the party’s constitution should be used as a guide on the issue. Read more

SON warns motorists against using re-threaded tyres (Sun)

The Standards Organisation of Nigeria (SON) has warned motorists against using re-threaded tyres, saying that they are dangerous and can lead to serious accidents on the road.  The coordinator of SON in Kwara State, Mr. Sunday Yashim, gave the warning on Wednesday in Ilorin while briefing newsmen on the dangers of using retreaded tires.  Yashim expressed concern over the rate at which some Nigerians patronised dealers in re-threaded and expired tyres, thereby exposing their lives to danger. Read more

Reps to quiz Emefiele, Hameed Ali, others over waivers (DailyTrust)

A House of Representatives panel has invited the Central Bank of Nigeria (CBN) governor, Godwin Emefiele, and the Comptroller General of the Nigeria Customs Service (NCS), Hameed Ali, over alleged abuse of waivers and bonds on import duties. Also invited are the Accountant General of the Federation, Ahmed Idris, bank executives, importers, inspection agents and other critical stakeholders. All the invitees are to be quizzed on their various roles on the matter from 2010 to date. Read more

Banks launch new automated cheque clearing application (Punch)

The Deposit Money Banks in the country, in collaboration with the Nigeria Inter-Bank Settlement System, have launched a new automated cheque clearing application called i-Teller. The i-Teller, which is the new National Automated Clearing System, allows banks to clear cheques within hours. The DMBs, in collaboration with NIBSSS and Precise Financial System, began the test-running of the new application (infrastructure) 11 weeks ago. A total of N5tn worth of cheques from 10 million transactions has been processed through the new platform in the past 11 weeks. Read more

Amaechi, Edo governor to grace SOAN dinner (Sun)

Minister of Transportation, Mr Rotimi Amaechi and Governor of Edo State, Mr Godwin Obaseki will, today,  grace the  Shipowners Association of Nigeria (SOAN) end-of-year workshop and dinner for shipowners and stakeholders in Nigeria’s maritime Industry. Other dignitaries expected at the occasion include, the Managing Director of Nigerian Ports Authority (NPA), Ms Hadiza Bala Usman; Director General of Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Dakuku Peterside; Executive Secretary, Nigerian Shippers Council (NSC), Mr Hassan Bello and Rector, Maritime Academy, Oron, Commodore Emmanuel Effedua (rtd.)  Read more

Drug abuse among women alarms northern traditional rulers (DailyTrust)

The Northern Traditional Rulers Council has expressed concern over the ‘alarming’ rate of drug abuse and drug addiction particularly among women and youths and called for the enforcement of laws on sales of drugs.  This formed part of the resolution stated in the communiqué issued at the end of the General Assembly of the council and signed by the chairman,  Coordinating Committee, Justice Lawal Hassan, Emir of Gummi.  The rulers also called for strict control of the borders to check illegal importation of drugs. Read more

Customs uncover 57 smuggled exotic cars in Lagos (Punch)

The Nigeria Customs Service says it has uncovered 57 assorted vehicles suspected to be smuggled in Omole Estate and Lekki Phase 1, Lagos. The Comptroller, NCS, Federal Operations Unit, Zone A, Ikeja, Mohammed Garba, who made this announcement on Wednesday in Lagos, revealed that the service also seized seven other assorted vehicles, mostly brand new, along Ijebu Ode expressway and Olorunda. Among the 64 vehicles seized, according to Garba are; one bulletproof Lexus jeep, one bulletproof Toyota Landcruiser, nine Land Cruiser jeeps, five Toyota Camry, and others, all valued above N1.3bn. Read more

Coca-Cola unveils new 5Alive variants    (Sun)                                      

As part of its efforts to serve the market with better proposition and to satisfy consumers especially in Nigeria, Coca-cola has launched three new 5Alive variants. The new addition to the 5Alive juice family include the35cl 5Alive Apple, 35cl 5Alive Tropical fruit and the 85cl 5Alive Pulpy Orange, bringing the number to 10 variants now available in the market. Speaking to the media during the unveiling of the variants in Lagos yesterday, Senior Brand Manager, Stills and Flavours, Coca-Cola Nigeria Limited, Sam Alugo, said the variants were specially made in Nigeria to give its consumers sensorial experience. Read more

China’s Sinopec looking to sell Nigeria business (DailyTrust)

China’s Sinopec Group has hired BNP Paribas  to sell its oil business in Nigeria and Gabon, three people with knowledge of the matter said, as the state-owned oil giant pares back its presence in Africa. Sinopec and other oil groups including China National Petroleum Corporation and CNOOC made large acquisitions between 2009 and 2013 with the help of low-cost loans from Chinese state-owned banks. The hunt for overseas assets was intended to bulk up their energy reserves and meet future demand from China, the world’s second-largest economy. Read more

Court orders PDP to recognise Gana Lawan’s faction from Yobe (DailyTrust)

A Federal High Court in Abuja on Tuesday ordered the national headquarters of the Peoples Democratic Party (PDP) to recognise the Yobe State executive of the party led by Alhaji Gana Lawan for the purpose of its national convention holding on Saturday, November 9. Ruling on an ex-parte motion filed by Lawan and 26 other members of the party against the Independent National Electoral Commission (INEC), the PDP and seven others, Justice Binta Murtala Nyako granted the seven prayers sought by the plaintiffs and restrained INEC, PDP, Chairman of PDP National Caretaker Committee  Read more

Imo State Govt bans commercial tricycle operators (Punch)

The Imo State Government has banned tricycle operators from plying all roads within the state capital, Owerri. Consequently, commuters, including civil servants, school children, teachers and market women trekked long distances to their destinations.  The stranded commuters castigated the state government for “compounding” their predicament by banning the much popular means of movement in the town.  “They (government) said they were on a rescue mission, but the opposite is the case. Read more

Small-scale industrialists launch N100m micro credit scheme (DailyTrust)

The National Association of Small Scale Industrialists (NASSI) has launched a N100 million credit scheme for its members in Abuja. At the launch held in Abuja yesterday, the National President of the Association, Engineer Ezekiel Essien, disclosed that 50 beneficiaries in Abuja have received N50,000 each in the pilot scheme that would soon be extended to other parts of the country. Engineer Essien, who was represented by the Acting Director General of the Association/National Deputy President of the Association, Solomon Daniel… Read more

Judge arrested for alleged demand of N200m bribe (Punch)

The Independent Corrupt Practices and other related offences Commission has commenced a probe into the 24,325 government properties that were sold to government officials under the monetisation policy of former President Olusegun Obasanjo. Also, the anti-graft agency has arrested a retired Appeal Court judge, Justice Mohammed Tsamiya, for allegedly demanding a N200m bribe in exchange for a favourable judgment in a National Assembly election case that was pending before the Imo State Judicial Division of the Court of Appeal. Read more

Zenith bank opens new head office in Accra (DailyTrust)

Zenith Bank, one of Africa’s foremost banks, has opened a new head office in Accra, Ghana. Located at Ridge, Accra, the new Zenith Bank head office is expected to be used for the bank’s expansion of its businesses in Ghana. Commissioning the new office, President Nana Akufo-Addo of Ghana commended the contributions of Zenith Bank to the deepening of financial inter-mediation and the development of Ghanaian financial services sector. Read more

We may end up having militarised country, says Catholic Bishop (Guardian)

Archbishop of Kaduna Catholic Diocese, Man-Oso Ndagoso has said that the spate of insecurity arising from farmers and herdsmen clashes was capable of militarising the country. He noted that the recent killings between farmers and Fulani herdsmen in Numan, Adamawa State forced people to abandon their homes on sighting militant groups with dangerous weapons. The Cleric said this while fielding questions from journalists yesterday at a press conference, in preparation for the commissioning of the newly built Catholic Secretariat, worth N286 million on Friday in Kaduna Read more

Iyanga: When fashion meets diplomacy, culture (DailyTrust)

Iyanga, a fashion and cultural diplomacy event embeded in creativity and art, held at the International Conference Centre penultimate Saturday. The event which was organised to give Nigerians a Chinese fashion experience was inspired by the need to create a platform for Nigerian fashion and beauty entrepreneurs. According to Oghome Emembo, brain behind the initiative, the idea behind Iyanga is for practitioners to be inspired by Chinese designs and also, suggest ways of adapting them into Nigerian local textile and domesticating them to suit the Nigerian fashion culture. Read more

Calabar carnival to host 25 countries (Guardian)

The 2017 Calabar Carnival in Cross River State would be hosting about 25 countries from across the world.The Chairman, Carnival Commission, Mr. Gab Onah, disclosed this at a media briefing yesterday in Calabar, the state capital. He said the 32-day annual street party, which started on December 1st, has been sponsored in the past by various organisations, including DSTV.He, however, added that it would soon be 100 per cent funded by the private sector. According to him: “We started with about 12 countries, but this year we are expecting 22 to 25 countries. And if we get it right, anytime from now we are going to be 100 per cent private funded.”    Read more

Lagos govt moves to sanitise access road blockades (DailyTrust)

The Lagos State government has commenced the removal of vehicles, building materials and shops it considered as impeding access roads across the state, especially within local communities. Our correspondent yesterday observed officials of the Ministry of Environment marking abandoned vehicles for immediate removal, and preparing sanctions for buildings that indiscriminately block access roads. Read more

World Bank lauds Ondo’s medical project (Guardian)

World Bank has rated Ondo State high on Performance-Based Financing (PBF) in the ongoing Nigeria State Health Investment Project (NSHIP) in the country, especially on the improvement of maternal and child health service quality and outcomes. The World Bank representative, Dr. Frish Yuril, disclosed this during the NSHIP Midterm Review (MTR) meeting held in Akure at the weekend.He rated the state highest in performance among the two other states participating in the World Bank- assisted project. Read more

High demand for beniseed as Benue farmers begin harvest (DailyTrust)

Beniseed (sesame) farmers in Benue State are poised to smile to the banks in this year’s harvest as demand for the produce increases on a daily basis. Our correspondent gathered that the farmers, many of who just started harvesting, are already elated about the returns they would realise following the high demand of the produce by buyers from within and outside the state. Reports from Katsina, Jigawa, Bauchi and some parts of Kano and some other states, where the crop is grown, suggest that farmers in the areas completed their harvests a few weeks back. Read more

Tickets requests soar for World Cup (Sun)

Ticket sales for the 2018 FIFA World Cup Russia resumed on 5 December exclusively on FIFA.com/tickets and the excitement sparked by the Final Draw brought another wave of worldwide interest. Within the first 24 hours, fans from all over the world requested 1,318,109 tickets as the random-selection draw sales period goes on until 31 January 2018. Fans are able to apply for individual match tickets for all matches (except for the opening match and the final), venue-specific tickets and supporter tickets. Read more

Aba stadium to be ready soon, Ikpeazu promises (Guardian)

The long wait by supporters of Enyimba of Aba to watch the Nigerian Premier League side play at home will soon be over, according to Governor Okezie Ikpeazu of Abia State. Governor Ikpeazu gave the assurance while inspecting reconstruction work at the stadium located at the heart of Aba, Enyimba City. The governor, who expressed satisfaction with the level of work done so far, told newsmen that “Abians and Nigerians are desperate to have Enyimba play at home and we are gearing up to ensure that we meet their expectations very quickly.” Read more

Super Eagles face Three Lions ahead Russia 2018 (Sun)

The Super Eagles of Nigeria are sure to get top flight international friendly encounter ahead of the FIFA World Cup in Russia next year. According to the Secretary General of the Nigeria Football Association, NFF, Mohammed Sanusi; England are set to play Nigeria in a World Cup warm-up game in June if plans in the works go accordingly. Both nations will feature at next year’s World Cup in Russia, with Nigeria drawn in Group D along with Argentina, Croatia and Iceland, while Gareth Southgate’s side will play Belgium, Panama and Tunisia in Group G. Read more

Palestinian protests break out in Jordan over Trump’s move on Jerusalem (Reuters)

Protests broke out on Wednesday in areas of Jordan’s capital Amman inhabited by Palestinian refugees in response to U.S. President Donald Trump’s recognition of Jerusalem as Israel’s capital, witnesses said. Youths chanted anti-American slogans in Amman, while in the Baqaa refugee camp on the city’s outskirts, hundreds of youths roamed the streets denouncing Trump and calling on Jordan’s government to scrap its 1994 peace treaty with Israel. “Down with America.. America is the mother of terror,” they chanted. Read more

Trump recognizes Jerusalem as Israel’s capital, reversing longtime U.S. policy (Reuters)

President Donald Trump on Wednesday reversed decades of U.S. policy and recognized Jerusalem as the capital of Israel, imperiling Middle East peace efforts and upsetting the Arab world and Western allies alike. Trump announced his administration would begin a process of moving the U.S. embassy in Tel Aviv to Jerusalem, a step expected to take years and one that his predecessors opted not to take to avoid inflaming tensions. Read more

Global stocks pause, yields drop as investors weigh risks (Reuters)

A gauge of global stocks fell on Wednesday and benchmark government bond yields declined as investors weighed signs of risk in the markets and with U.S. policy.  MSCI’s gauge of stocks across the globe .MIWD00000PUS shed 0.41 percent, while Wall Street’s benchmark S&P 500 index .SPX edged lower for its fourth straight session of losses. Oil prices sank to two-week lows, weighing on energy shares. Stocks have paused after getting a fresh leg to their record-setting rally, fueled by improving prospects for a U.S. bill that would slash corporate taxes. Read more

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