Fresh Explosion Rocks Gombe, Three Feared Dead
An explosion has hit Gombe with at least three people feared dead, residents have said.
According to the News Agency of Nigeria (NAN), the blast occurred in Kasuwan Mata area of the town, and was carried out by a female suicide bomber. Read more
APC Destroys Five PDP Vehicles in Revenge Attack in Gombe
No fewer than four vehicles and other property belonging to members of the Peoples Democratic Party (PDP) were destroyed in an alleged revenge attack by supporters of the All Progressives Congress (APC) in Gona town of Akko Local Government Area of Gombe State.
The attack happened when a convoy of the APC gubernatorial candidate, Alhaji Mohammed Inuwa Yahaya was on its way to Billiri for a campaign rally. Read more
Committee clamps down on ex- Taraba govt officials, recovers vehicles
A committee set up by Taraba State Acting Governor, Alhaji Sani Abubakar Danladi, to recover government vehicles from ex-government officials has recovered eight out of about 50 vehicles held by former government officials.
Chairman of the committee, Alhaji Abdurazak Umar, disclosed this to news men in Jalingo yesterday. Read more
Health workers demand stakeholders’ forum on Health Act
The Nigerian Union of Allied Health Professionals, NUAHP, has called on the Federal Government to convene a forum for stakeholders in the health sector to enable them have adequate knowledge on the National Health Act. The association also suggested that such a forum could help in resolving some of the fundamental challenges affecting the sector. NUAHP made the call recently through its President, Felix Faniran, at a press briefing at the University College Hospital, UCH, Ibadan, Oyo state. Read more
Reps, Jega Disagree Over Voters Card
In view of the seeming inability of the Independent National Electoral Commission (INEC) to distribute the permanent voters cards (PVCs) to all registered voters ahead of the February polls, the House of Representatives has directed the electoral umpire to allow eligible voters to vote with their temporary voter cards (TVCs) during the forthcoming general election.
The House arrived at the decision at yesterday’s plenary after adopting a motion by the House minority leader, Hon. Femi Gbajabiamila to that effect. Read more
FG’s N450bn IGR Insufficient as Oil Continues Free Fall
The federal government plan to raise about N450billion through internally generated revenue (IGR) for the 2015 budget would not be sufficient going by the continuing fall in the price of crude oil at the international market experts have said.
The government’s 2015 budget proposal was sent to the National Assembly on December 17, 2014 on the benchmark of $65 per barrel of crude oil. As at yesterday, crude oil sold at $47 per barrel. Government’s actual receipts have grown from about N182 billion in 2011 to N274 billion in 2013 and then, N328 billion as of October 2014. Read more
Oyo’ll get new state under Jonathan – Folarin
Governorship candidate of the Peoples Democratic Party, PDP, in Oyo State, Senator Teslim Folarin, has assured people of the state that President Goodluck Jonathan will carve out a new state from Oyo during his second term of office.
According to him, the President has already set the process of creating new states in motion by constituting the national confab, which has since submitted its recommendations in which the creation of states, including a new Oyo State were recommended. Read more
We Are Not a Tool for Political Warfare, Says EFCC
With the increasing desperation among politicians and the resort to anti-graft agencies to intimidate their opponents, the Economic and Financial Crimes Commission (EFCC) on Tuesday said the commission cannot be used as a tool for political warfare.
The EFCC Head of Media and Publicity, Wilson Uwujaren, said in a statement the commission had continued to receive frivolous petitions from politicians with the aim to get back at their opponents. Read more
Detainees Awaiting Trial Have Same Rights as Politicians, Says Judiciary Union
Politicians with court cases crucial to the upcoming general election barely a month away do not have more rights than detainees who are forced to spend longer time in detention as their cases cannot be heard in the courts due to the ongoing strike by the Judiciary Staff Union of Nigeria (JUSUN).
This was the response of the National President of the union, Marwan Mustapha Adamu, to calls for the union to suspend its ongoing strike so that the courts can quickly determine disputes among aspirants to elective offices in the 2015 polls. Read more
Oshiomhole Displays Intolerance, Withdraws ITV’s Accreditation
Apparently due to the report by the Independent Television (ITV) on the beating of a Catholic Priest by aides to Governor Adams Oshiomhole, which was considered unprofessional, the Edo State Government on Tuesday withdrew the accreditation of the correspondent and cameraman of the station attached to the Government House. Read more
Wike Berates APC for Celebrating Terrorism
The Peoples Democratic Party (PDP) governorship candidate in Rivers State, Chief Nyesom Wike, has berated the All Progressives Congress (APC) for always celebrating terror acts for political reasons.
This came as the APC governorship candidate in the state, Mr. Dakuku Peterside, restated his commitment to peace in all the communities in the state if elected governor in next month’s election. Read more
IG Warns Officers against Violation of Electoral Act
As the general election approaches, the Inspector General of Police (IG), Suleiman Abba, on Tuesday warned officers and men of the force not to operate outside the Electoral Act as anybody going contrary would be treated as dereliction of duty.
Addressing Police Offices under zone six in Uyo, Akwa Ibom State capital, the IG said arrangements had been concluded for mass distribution of the Electoral Act to all the policemen across the country. Read more
Boko Haram affects 41% children – NEMA
Over 41 per cent children have been affected by insurgency in the North-East and while about 891,000 adults are in camps while over 100,000 others are dissolved into the host communities.
These figures were given by the Director-General of National Emergency Management Agency (NEMA), Alhaji Sani Sidi, when the Special Representatives of the United Nations Secretary-General for Children and Armed Conflict, Ms Leila Zerrugui, visited him to enquire the condition and treatment of children affected by terrorists. Read more
Police warn politicians against inciting utterances in Kano
Kano State Police Command has warned political candidates across all the party lines to te their utterance and actions capable of frustrating the enduring but fragile atmosphere before and during next month general election.
The Command advised that in their attempt to carry out their campaign, politicians should rather focus on issue-based electioneering in selling their manifestos to the electorates instead of resorting to attacking the personalities of their opponents. Read more
NSE woos Diaspora investors to patronise Nigerian market
In line with its mandate of promoting and influencing the economic growth and development in the country, the Nigerian Stock Exchange (NSE) has concluded plans to organize the first investor forum for Nigerians in the Diaspora.
The forum which is expected to take place on Monday, January 19, 2015 at Hilton Zurich Airport Hotel, Switzerland, is targeted at Nigerian Diaspora in Switzerland and across Europe. Read more
Excess liquidity without lending puts banks under scrutiny
Nigerian lenders have come under scrutiny for inefficient services, excess charges and keeping billions of naira with the Central Bank of Nigeria (CBN) rather than lending it to various sectors of the economy, BusinessDay interactions with stakeholders have revealed.
Some analysts say the actions of the banks have continued to put pressure on the naira and encourage various infractions such as round tripping , which makes the foreign exchange market volatile. Read more
Foreign firms sabotaging Nigeria’s rice policy owe FG N36.5bn
Five foreign-owned rice producing companies in the country have altogether exceeded import quotas by 70percent of what was allowed by the Federal Government to them at a preferential duty rate, to bridge the domestic rice supply gap.
Akinwunmi Adesina, minister of agriculture and rural development says the companies by their actions, are sabotaging the Federal Government’s rice policy. Read more
Declining crude price threatens 2015 budget implementation
Global oil prices maintained a downward trend last week as crude price crashed to $48 per barrel, well below a record high of $130 a barrel just less than a year ago. The latest fall has been tied to the common, long standing factors; oversupply by non-members of the Organization of Petroleum Exporting Countries (OPEC), OPEC’s refusal to cut production, and reduced demand from major importers such as the US, driven by its need to develop its shale resources. Read more
Oil and Gas
Falling Oil Prices: Nigeria, Others Urged to Stress-test Banks
As oil producing countries continue to express worries over their dwindling revenue and increasing negative macroeconomic outlook, an expert has stressed the need for the affected countries to stress-test their banking system.
This, according to the expert, would enable them determine what would happen “to your banks if, all of a sudden, foreign currency became scarce?” Read more
New markets for Nigeria’s oil
Federal Government of Nigeria’s plan to search for new markets for its crude oil is a disturbing reminder of its tardiness in responding to issues affecting national wellbeing. The move is obviously a response to the decision of the United States (U.S.) to stop buying Nigeria’s crude oil and the downhill course of the global prices of the product. The question this development has rightly elicited is: must Nigeria wait for the U.S. to stop buying her crude oil before exploring other markets? Read more
Japan approves record 4.98 trillion yen defence budget
Japan’s cabinet has approved a record 4.98 trillion yen (£28bn, $42bn) budget for defence spending, amid a long-running maritime dispute with China.
The new defence budget represents a 2.8% rise from the last fiscal year. It marks the third year of increased spending after a decade of cuts. Read more
Iran nuclear talks: Kerry to meet Zarif in Geneva
US Secretary of State John Kerry is due to meet his Iranian counterpart in Geneva in a bid to revive stalled talks over Iran’s nuclear programme.
Mr Kerry says his meeting with Mohammad Javad Zarif is to “take stock” ahead of a new round of talks on Thursday. Read more
Huge crowd gathers to see pope give Sri Lanka first saint
Hundreds of thousands of people packed a Colombo oceanfront on Wednesday to see Pope Francis give Sri Lanka its first saint, a climax to a 300-year campaign to recognise the holiness of Indian-born missionary Joseph Vaz.
The pope, who on Tuesday was tired after starting his trip under a blazing sun, looked rested as he was driven through the hushed crowd in an open vehicle to start the open-air Mass by the sparkling sea. Read more
Why FG may shift attention to renewables for stable supply
Following the spate of poor power supply from the hydro and gas-fired plants, the Federal Government may be looking at developing more renewable energy sources as alternatives to stable power supply in Nigeria.
According to a proposal submitted by the Minister of State for Power, Mo-hammed Wakil, there are efforts by the Ministry to blend Nigeria’s efforts in growing her renewable energy sector and also curb the menace of unabated vandalism of pipelines and other electricity infrastructure across the country. Read more
DStv comes to fans resuce
Nigeria regardless of the being the current African champion, sadly as we know will not be at the 2015 Afcon which kicks off in Equatorial Guinea in circa three days. Yet the millions of football fans will still have something to cheer about.
This is because Multichoice has now launched a major campaign by creating brand new packages tailored for current and new subscribers to still enjoy Africa’s most prestigious sporting event despite the absence of their beloved Super Eagles. Read more
Sudan snub Eagles
Following the last minute withdrawal of the Sudanese national team from the international friendly against the Super Eagles, the Nigeria Football Federation (NFF), has moved swiftly to ensure the team plays a game on Saturday, January 17 in Dubai, United Arab Emirates. The team will now tackle the Yemini national side on the same date.
Sudan, which gave no reasons for its sudden withdrawal was scheduled to play Nigeria January 17 and Finland, January 22, both games were scheduled for Dubai. But Team Administrator, Dayo Enebi Achor, said in order not to distort the schedule of the national team for the New Year, Yemen was approached and accepted to play the Eagles and later Finland on the scheduled dates. Read more
Falcons’ coach submits W’Cup programme
Super Falcons coach, Edwin Okon, has submitted his programme for the forthcoming FIFA Women’s World Cup in Canada to the technical committee of the Nigeria Football Federation.
The programme also covers the team’s preparation for the Africa Women Championship qualifiers. Read more
NFF Appointment: I am Yet To See My Appointment Letter– Amodu
Former Super Eagles head coach Shuaibu Amodu, more than a year after his appointment as the technical director of the Nigeria Football Federation (NFF) and its subsequent confirmation two months ago by Amaju Pinnick-led NFF board, has said that he is yet to resume work.
Amodu, who was at the Glass House yesterday but declined speaking to newsmen said since he has not received his appointment letter as the technical director, he has nothing to say to the media because he has not started work, saying newsmen are expected to report his work and not his person. Read more
Kano govt gives Pillars marching orders
Kano Pillars Football Club has been charged by the state government to brace towards surpassing its previous achievements in the Confederation of African Football (CAF) Champions League.
The players and technical crew of the club coached by Okey Emordi were handed the order yesterday by the Vice Chairman of the Continental Committee, Alhaji Ibrahim Galadima, who in the company of members of the committee visited the team at their training ground. Read more
Iheanacho, Nwakali Out of AYC
Hopes of Flying Eagles coaches securing the services of Manchester City duo of Kelechi Iheanacho and Chidiebere Nwakali for the forthcoming Africa Youth Championship (AYC) have been dashed as the English champions won’t release the players.
Both players were among the nine foreign-based professional invited by the coaches to beef up the team for the AYC slated for March in Senegal. The players had till Thursday to report to the team’s camp in Kaduna. Read more
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