France to boost Sahel troops to help Boko Haram fight
France will boost its military presence in the troubled Sahel region of Africa where jihadist groups operate to support the fight against Boko Haram, Defence Minister Jean-Yves Le Drian said Wednesday.
Speaking to reporters, he said France would “slightly increase” the number of soldiers operating under its Barkhane anti-jihadist operation in the Sahel and reduce armed forces in the Central African Republic “to give us the means to support” the fight against Boko Haram. Read more
SA military contractor killed in Nigeria
The South African private military contractor who died when his tank was attacked in Nigeria knew what his mission might entail, his wife Almarie told Netwerk24.
“He went into it with eyes wide open. Luckily he died instantly, which every soldier would want, instead of suffering,” she reportedly said.
Lotz and five Nigerian soldiers were killed when they were fired on at a roadblock near Maiduguri on Monday. Read more
NHRC lists Lagos, Kaduna, Rivers as election violence-prone states
Chairman, National Human Rights Commission (NHRC), Prof Chidi Odinkalu disclosed yesterday that the commission has identified Lagos, Rivers and Kaduna states as areas that are prone to violence during and after the forthcoming general elections.
Odinkalu who was expected to meet with some governorship candidates alongside the commission’s board members in Lagos, including Mr. Jimi Agbaje of the Peoples Democratic Party, PDP, and Akin Ambode of the All Progressives Congress, APC to rub minds with them on ways to prevent violence was however disappointed as none of the people turned up. Read more
Political uncertainty and low oil price pose risks to Nigeria’s success story
Control Risks, the global business risk consultancy, today publishes its annual RiskMap report, an established authoritative guide and key reference point for policymakers and business leaders seeking to plot global trends over the coming year. RiskMap highlights the most significant underlying trends in global risk and security, and provides a detailed view from the markets that will matter most in 2015. Read more
Customs donates 50 computers to boost fight against fake drugs
In an effort to support and encourage the National Agency for Food and Drug Administration and Control (NAFDAC) in its fight against fake and adulterated drugs in the country, the Nigeria Customs Service (NCS) has donated 50 computers and accessories to the agency.
This is to also assist NAFDAC to attain the Presidential declaration of zero tolerance to counterfeit drugs in the country. Read more
EFCC arraigns four suspected oil thieves in Nasarawa
The Economic and Financial Crimes Commission (EFCC), on Tuesday arraigned four suspected members of an oil syndicate before Justice A. A Okeke of the Federal High Court sitting in Lafia, Nasarawa State.
The suspects, Olusegun Gbenga, Yusuf Muhammed, Abass Auwal and Olanipekun Olagoke, were docked on a 12-count charge bordering on conspiracy, forgery and unlawful dealing in crude oil. Read more
Manu has his Eagles soaring
Nigeria’s Flying Eagles on Wednesday became the first African country to qualify for the Fifa U20 World Cup in New Zealand after trouncing Congo 4-1 at he Stade Leopold Senghor in Dakar.
The team was quite impressive dispatching the Congolese considering they played most of the game with a man down after goalkeeper Joshua Enaholo was given a straight red card for a professional foul. Read more
Olam Nigeria Finances 12,000 Farmers with N536m
Olam Nigeria Limited has said it provided over N536 million as financing for 12,000 Nigerian cocoa, cashew and sesame farmers in 2014 under the Olam Livelihood Charter (OLC).
The leading agri-business company in Nigeria, which revealed this as it released its the annual results of OLC as at the year ended December 31, 2014, pointed out that the financing was made available to farmers as short-term micro-financing, advances for crop purchases and mid-term loans for the procurement of farming inputs. Read more
FG Expresses Confidence on Success of Great Green Wall Project
The federal government has expressed confidence on the success and potentials of the Great Green Wall Project (GGWP) in transforming environmental degradation across the Sahel.
The Minister of Environment, Mrs. Laurentia Mallam, made this known while commending efforts of the National Agency for Great Green Wall. Mallam made the commendation at a one-day stakeholders’ forum organised by the agency in Katsina state recently. Read more
No going back on Elechi’s impeachment – Ebonyi Assembly
The Ebonyi State House of Assembly, on Wednesday, said it would follow to its conclusion the impeachment processes initiated against the state governor, Martin Elechi.
Reacting to the statement credited to Minority Leader, Enyi c. Enyi, a member of the All Progressives Congress (APC), to the effect that seven members had withdrawn from the impeachment notice on the governor, the lawmakers said they are on course. Read more
Sacked Chevron staff seek Jonathan’s intervention
The three sacked workers of Chevron, Okirika Timmy Okeoghene, Dateme Prince Gilbert and Omadoye Godwin Bafor, have written a strongly worded letter to President Goodluck Jonathan to wade into their face-off with the multinational outfit.
The face-off, it would be recalled, has lingered since February, 2011 and which the National Assembly and the Federal Ministry of Labour and Productivity had intervened without success. Read more
Five escape death as fire guts paint factory in Lagos
At least five persons narrowly escaped death as fire gutted Fine Coat Paint, destroying properties worth millions of naira.
The fire caused pandemonium around the Lagos/Abeokuta Expressway where the paint factory is located, as residents scampered for safety while some watched haplessly as the fired raged. Read more
Protesting workers besiege oil firm’s facility in Bayelsa
Hundreds of protesting workers, yesterday, besieged a multi-billion naira Shell Petroleum Development Company’s Gbarain-Ubie Gas Gathering plant in Yenagoa Local Government Area of Bayelsa State over alleged violation of local content law and poor employment policies.
The aggrieved workers, made up of welders and fitters, threatened to take their protest to the Presidency until they got justice. Read more
Kenya Offers Escape Route for Nigeria Bond Market Woes
Investors skittish about Nigerian assets as plunging oil prices pummel the West African nation’s economy are casting their eyes across the continent to Kenya.
Yields on Kenya’s 10-year Eurobonds, which were 128 basis points higher than comparable Nigerian debt when they were sold in June, are now 57 basis points lower, according to data compiled by Bloomberg. The East African nation’s local-currency securities have returned 0.4 percent in dollar terms this year, compared with an 8.3 percent loss on naira debt, Bloomberg indexes show. Read more
Cheaper oil may be what Nigeria needs
Could the drop in oil price be the best thing that has ever happened to Nigeria? Africa’s biggest economy and largest oil producer is over-reliant on oil exports. More than 70% of government revenue and about 95% of foreign currency comes from oil and gas. As a result, a drop in the oil price has dramatic effects. But these effects may force positive change in the Nigerian economy, in the short and the long term.
There is no doubt of the economic tension and uncertainty in Nigeria, much of which can be laid at the door of a government too exposed to one commodity. The drop in the oil price has had a devastating ripple effect on the economy, including increased inflation, the devalued naira and decreased government revenue. Read more
Snatch ballot box, go to jail –Police
The Nigeria Police Force has warned all party supporters planning to disrupt the general elections to shelve the plans or face the consequences of long prison terms, ranging from one to two years.
The Assistant Inspector General of Police, Zone 6, Mr. Tunde Johnson Ogunsakin, gave the warning while declaring open a stakeholders’ workshop with the theme, “Towards a secure, credible and peaceful 2015 general elections’’, with participants from Akwa Ibom, Cross River, Ebonyi and Rivers states, Port Harcourt. Read more
Suspected Boko Haram Member Escapes Arrest at Buni Yadi
A suspected Boko Haram member, who feigned mental illness, escaped arrest at Buni Yadi town in Gujba Local Government Area of Yobe on Tuesday, the News Agency of Nigeria (NAN) has reported.
The Commander, 27 Task Force Brigade, Damaturu, Col. Usman Yusuf, gave the order to arrest the supposedly madman when he was sighted in one of the dilapidated buildings in the deserted town. Read more
Two policemen shot during Ferguson protest
Two police officers have been shot during a protest outside a police station in the US city of Ferguson, Missouri, witnesses said.
The shooting occurred early on Thursday morning after several dozen protesters had gathered in front of the Ferguson police department, just hours after the city’s police chief, Thomas Jackson, announced his resignation. Read more
Putin Responsible for Murder of Boris Nemtsov Says Daughter
The daughter of Russian opposition politician Boris Nemtsov says that President Vladimir Putin is “politically” responsible for her father’s death.
In an interview in Italy with the BBC, Zhanna Nemtsova said that her father was “a critic of Putin, he fought with Putin, with nobody else,” and said she blamed the president for his death. Read more
Four migrants drown off Morocco on their way to Canaries
The bodies of four migrants bidding to reach Spain’s Canary Islands were recovered off southern Morocco’s Atlantic coast Wednesday, a day after 19 others were rescued from a rubber boat, officials said.
The four drowned migrants were found near Tan-Tan, across from the islands, said the officials, quoted by Morocco’s MAP news agency. Read more
Huge icebergs wash ashore on Cape Cod beach after harsh winter
Enormous ice boulders have washed up onto a US coastline making it resemble the arctic.
These stunning photos show people, and animals, exploring the icebergs in Cape Cod, on the Massachusetts coast, which were caused by sub-zero temperatures and heavy snowstorms. Read more
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