Sabinews Morning News Update for January 5, 2016
Fuel queues return as stocks deplete at Apapa depots
Loading at Apapa depot in Lagos declined yesterday, as the volume of petrol tankers hit an all time low, an indication that there was acute shortage of products.
The development has, however, led to long queues of tankers waiting to evacuate petroleum products, thus compounding the traffic situation. Read more
Police Raise Alarm Over Cultism In Primary Schools
The Commissioner of Police, Edo State Command, Mr Chris Ezike, has raised the alarm over the high rate of cultism in primary and secondary schools in the state.
Ezike disclosed this yesterday during the disbursement of scholarship to six pupils of the Police Children’s School I and II, Benin. Read more
‘Shehu Sani’s suspension letter forged’
The crisis rocking the Kaduna State chapter of the All Progressives Congress worsened on Monday as a chieftain of the party, Alhaji Abbas Ani, wrote the leadership of the party, alleging that the signatures in the letter, suspending Senator Shehu Sani, from the party, were forged.
Sani, who represents Kaduna-Central senatorial district, was suspended for 11 months late last year, over alleged anti -party activities, including criticising the policies of the Mallam Nasir el-Rufai led administration in the state. Read more
Ajimobi cancels Olubadan chiefs’ elevation
The Oyo State Government on Monday issued a 48-hour ultimatum to nine elevated chiefs in Ibadan to revert to their former status, describing their promotions by the Olubadan of Ibadan, Oba Samuel Odulana, as illegal.
A statement released by the state government said it was disappointed with the promotions after it requested that concerned high chiefs should submit their medical certificates of fitness before the Olubadan of Ibadan could elevate them. Read more
APGA awaits INEC’s swearing-in of Otti – Oye
The National Chairman of All Progressives Grand Alliance (APGA), Chief Victor Ike Oye, said yesterday that the party is awaiting the Independent National Electoral Commission (INEC) to swear in its candidate, Dr. Alex Otti as the new Abia State governor.
INEC was last Thursday ordered by the Appeal Court which sat in Owerri, Imo State to swear in Dr. Otti. Read more
Fire destroys timber market in Benin
An early morning fire outbreak at the ‘Pipeline Timber Market’ in Benin yesterday destroyed timber and machines worth millions of naira.
An eyewitness, Mr Precious Emmanuel, disclosed that the fire started at about 3 a.m., adding that the prompt response of the fire service helped to save some parts of the market. Read more
Inferno razes 80-year-old Yola market
An early morning inferno yesterday razed down the 80-year-ago Yola market destroying properties worth billions of Naira with the state commissioner of police announcing arrest of some looters .
The fire reportedly started at about 2:30 am went out of control as initial efforts to put it off were hampered by lack of access roads. Read more
Neighbour batters pregnant woman over ponmo stench
A 36 year-old pregnant woman, Mrs Deborah Samuel, has fled her Ijegun home in Lagos State, following alleged threat to her life by a male tenant who allegedly beat her to a pulp during an argument over stench from ponmo (cow skin).
Vanguard gathered that trouble started for Mrs Samuel after she asked her neighbour to move a bowl soaked with pomo from her window at 8 Olaniran Crescent around Oluwa -Shehu Ayo area of Ijegun. Read more
Police arrest man, 22, over alleged rape of toddler
Policemen attached to the Alakuko Divisional Police station have arrested a 22- year-old Ganiu Amusa, for allegedly raping a five-year-old boy, (name withheld) in Lagos State.
Vanguard learned that the bubble burst after the toddler innocently complained that his anus was hurting. Read more
Seme NDLEA seizes 907.4kg hemp in 2015
The National Drug Law Enforcement Agency, NDLEA, Seme Command in Lagos State said yesterday, that it seized 907.4 kg of hemp in 2015.
The Commander, Mr Udotong Essien, said in Badagry that 31 suspects were also arrested during the same period. He said 22 of the suspects had been convicted by the courts. Read more
Kwara teachers begin indefinite strike over non-payment of 3 months salaries
Teachers in public primary and Junior Secondary Schools (JSS) in Kwara state yesterday carried out their threat to go on strike despite pleas from the ruling All Progressives Congress (APC) in the state.
The teachers, who had threatened to commence indefinite strike action yesterday over unpaid three months salaries, deserted classes in public schools in the state. Read more
Police Rescue Abducted Five-year-old Boy
Agents of the anti-kidnapping squad of Ebonyi State Police Command have rescued a five-year-old boy who was kidnapped on December 30 at Okwu-Ngbo, Ohaukwu Local Government Area of the state.
The state Commissioner of Police, Peace Ibekwe Abdallah, who confirmed the incident, noted that the victim was kidnapped at about 9:45 p.m. on that day but the police expedited action for the prompt rescue of the child because of the threat that he would be sold out. Read more
NDDC Boss Denies Obtaining N1bn Loan as Commissioner
Acting Managing Director of Niger Delta Development Commission (NDDC), Mrs. Ibim Semenitari, has denied allegations that she obtained N1 billion loan while serving as Rivers State Commissioner for Information and Communications.
Semenitari was reacting to allegations by the current Rivers State Commissioner for Information and Communications, Dr. Tam George, that she took a loan of N1billion on behalf of the ministry while serving as commissioner. George was said to have made the allegations in a radio programme monitored in Port Harcourt. Read more
Obaigbena: There is No Nexus Between Arms Budget and Payment of Compensation
The Chairman and Editor-in-Chief of Thisday Newspapers group, Mr. Nduka Obaigbena, has written to the Economic and Financial Crimes Commission (EFCC) providing a detailed clarification on the payment of N670 million by the Office of the National Security Adviser (ONSA) to General Hydrocarbons Limited as compensation to the Newspapers Proprietors Association of Nigeria (NPAN) and the THISDAY Newspapers Group, stressing that there is no nexus between the payment paid to the media houses and the arms procurement budget of ONSA. Read more
Implicated Military Officers to Face EFCC, Says DHQ
The Defence Headquarters (DHQ) has made it clear that any military officer found culpable in the ongoing investigation into the misappropriation of $2.1 billion meant for arms purchase must face the interrogation and prosecution anti-graft agencies, especially the Economic and Financial Crimes Commission (EFCC).
Director of Defence Information (DDI), Brig-Gen. Rabe Abubakar, stated this in response to recent revelations that a senior officer and military attaché of the immediate past National Security Adviser (NSA), Colonel Sambo Dasuki (rtd), and his predecessor, the late General Andrew Azazi, had been implicated in the misappropriation of funds in the Office of the NSA. Read more
EFCC Storms NBC, Arrest Officials, Carts away Vital Documents
Operatives of the Economic and Financial Crimes Commission (EFCC) monday stormed the National Broadcasting Commission (NBC) in search of its account officer.
The operatives, whose mission was to apprehend the Director of Finance, Mr. Patrick Areh and other senior officials, were disappointed as very they were not on seat. Read more
Motorists raise alarm over Apapa bridges
Motorists plying various bridges in Apapa have called on the federal and state governments to urgently commence repair works on them to avoid imminent collapse. Motorists and commuters using the Apapa road network say they have noticed frightening movements in the expansion joints of the Ijora-Apapa Bridge.
There are also concerns over the safety of the bridges leading to the two largest ports in Nigeria – Tin Can Island and the Lagos Port Complex, Apapa. Read more
Police Deny Lopsidedness in Promotions, Postings
The Police high command has denied lopsidedness in the promotions and posting of its officers.
This denial came on the heels of an allegation made against the Force that the recent postings of top rank officers favour a particular part of the country, leaving others behind in the largesse. Read more
Tension in Delta Varsity over withdrawal of accreditation
Apprehension has gripped students of Delta State University, Oleh campus, following the withdrawal of the accreditation of the institution’s Faculty of Law by the Nigeria University Commission, NUC.
The Faculty of Engineering, the other faculty in the campus, it will be recalled, lost its accreditation about four years ago, eliciting fears in the Oleh community that the campus may be scrapped. Read more
Shi’ites ask FG to produce El-Zakzaky
Members of the Islamic Movement in Nigeria on Monday asked the Federal Government to tell Nigerians the whereabouts of their leader, Sheikh Ibraheem el-Zakzaky and his wife.
They wondered that three weeks after the arrest and subsequent detention of the Shi’ite leader and his wife by the Nigerian Army, neither the members nor their immediate family members had access to them. Read more
Devaluation, subsidy top agenda as IMF team meets Buhari
Managing Director of the International Monetary Fund (IMF), Ms Christie Lagarde, yesterday arrived Nigeria on a four-day working visit.
Her private jet number ZS PNP arrived the Presidential Wing of the Nnamdi Azikiwe International Airport at 2.44pm as she was taken to the presidential lounge where she had a brief session with the Governor of Central Bank of Nigeria (CBN), Mr. Godwin Emefiele and the Minister of Finance, Mrs. Kemi Adeosun. Read more
Confusion trails N6.08trn 2016 budget
Confusion is trailing the N6.08 trillion 2016 budget earlier submitted to the National Assembly by President Muhammadu Buhari, following information that the document has been amended.
Sources at the Budget Office revealed that the Presidency retrieved the 2016 budget from the National Assembly to “adjust some figures.” Read more
Stockbroker Bags Seven Years for Fraudulent Sale of Shares
Justice Kudirat Jose of the Lagos State High Court, Ikeja monday convicted and sentenced one Tajudeen Folaji to seven years imprisonment.
The convict was found guilty on one-count charge of unauthorised sale of shares and stealing contrary to Section 390(8)(b)of the Criminal Code Law, Cap C17, Vol. 2 Laws of Laws of Lagos State 2003. Read more
Equities Market Opens Year on Bearish Note
The Nigerian stock market opened 2016 on negative note as investors took profit on the gains recorded in the last two trading days of 2015.
Although the market had ended 2015 with a dip of 17.36 per cent, some blue chip stocks had recorded an unprecedented rally as portfolio managers and institutional adjusted their portfolio for the year. However, the two-day rally could not be sustained yesterday when the market opened for the New Year. Read more
Amaechi: Transport Sector’s 1.41% Contribution to GDP Unacceptable
The Minister of Transport, Mr. Rotimi Amaechi, has said 1.41 per cent aggregate contribution of the sector to Nigeria’s Gross Domestic Product (GDP) is unacceptable.
He admitted however that the maritime sector’s contribution could be appreciable but its potential had been largely untapped. Read more
CBN confirms licenses of 2699 BDCs
The Central Bank of Nigeria (CBN) has disclosed that 2,699 Bureaux De Change (BDCs) complied with its new requirements for operation of such entities in the country as at December 31, 2015.
The apex bank at the weekend published a list entitled, “Confirmed BDC in compliance with the new requirements for the operation of BDCs in Nigeria as at December 31, 2015”, on its website. Read more
Oil and Gas
New Fuel Price: Petrol Stations Close Shop in Ondo
Not satisfied with the pump price regime of petrol, marketers in Akure, the Ondo State capital and its environs yesterday closed their shops against motorists.
When THISDAY went round the town, all the marketers both independent and major, complained that they could not sell at N86 per litre, which the federal government recommended. Read more
Oil Prices Rebound on Saudi, Iran Spat
Oil prices rose monday on Middle East supply risks after Saudi Arabia cut diplomatic ties with Iran.
By 1230 GMT, US benchmark West Texas Intermediate (WTI) for delivery in February climbed 30 cents to $37.34 a barrel, while Brent gained as much as 3.3 per cent to $38.50 per barrel, the highest in about three weeks, reported Reuters. Read more
Insolvency: NNPC owes IOCs $2.84bn in 11 months
The insolvency of the Nigerian National Petroleum Corporation, NNPC, has been brought to the fore, with its inability to fund its obligation to International Oil Companies (IOCs), as it owes its Joint Venture (JV) partners $2.839 billion, about N567.76 billion, between January and November 2015.
The NNPC, in its Monthly Financial and Operations Report for November 2015, obtained from its website, yesterday, stated that it was only able to pay $3.395 billion to fund its JV cash call obligation with IOCs, instead of a total of $6.774 billion. Read more
Ecuador seeks Nigeria’s support to halt crude price slide
Ecuador, a major oil producing country has called for the cooperation of Nigeria as part of the efforts to halt the free fall of price of crude oil at the international market.
Already, Ecuador has proposed a cut in Organization of Petroleum Exporting Countries (OPEC) daily production quota which currently stand at 30 million barrel per day. Read more
New Tariff: Our Customers Should Expect a Fair Deal, MD Kaduna Electric Assures
The Managing Director/CEO of Kaduna Electric, Mr. Garba Haruna, has assured customers of the company of transparent and fair business practice, just as the company begins preparations for the implementation of the new tariff order recently approved by the Nigerian Electricity Regulatory Commission (NREC).
A statement signed by the Head, Corporate Communications of the company Abdulazeez Abdullahi, quoted the Managing Director as saying that the new tariff represents the “fairest and near-perfect” tariff regime to all stakeholders. Read more
Oliseh, Siasia To Learn From European Club Coaches
The Nigeria Football Federation is planning to revisit the attache programmes, which will see national team coaches learn from top managers in Europe in 2016.
In an exclusive chat with Completesportsnigeria.com, NFF secretary Dr. Sanusi Mohammed revealed that efforts are in the pipeline to ensure the likes of Sunday Oliseh, Samson Siasia and other national team coaches understudy some of the best coaches in the world once the governing body’s finances are in good shape. Read more
Drama as Dalung inspects National Stadium, Lagos
There was a drama at the swimming pool complex of the National Stadium, Lagos, on Monday as officials and contractor of the project convinced the Minister of Youth and Sports, Solomon Dalung, in vain on why the pool had not been renovated despite its approval by the Federal Government.
Dalung, who is on a two-day official working tour of Lagos, was inspecting facilities at the National Stadium. Read more
Onazi should make way for Mikel —Ajide
Ganiyu Ajide has urged Nigeria coach Sunday Oliseh to consider using Chelsea’s Mikel Obi in place of Ogenyi Onazi in the Super Eagles.
Lazio’s Onazi has been a regular in the holding midfielder position in the national team since he made his international debut against Liberia in 2012, with Mikel in the attacking midfield role. Read more
Egypt court orders retrial of top Brotherhood leaders
An Egyptian court has turned down death and life sentences against several Muslim Brotherhood figures over violence and murder charges, official news agency MENA reported on Monday.
The court of cassation accepted an appeal and ordered a retrial of Mohamed Badie, supreme guide of the Muslim Brotherhood, and his deputy, Khirate al-Shater, and 11 others, MENA said. Read more
Libya: Islamic State Attacks Oil Port
Islamic State militants attempted to capture an oil port along Libya’s coast early Monday, in fighting that left at least seven people dead and set fire to a storage tank of crude oil, according to witnesses. The militants began their assault on the Sidra oil port with suicide bomb attacks on a checkpoint, but by Monday afternoon, the offensive had been beaten back by guards. The Islamic State in Libya is regarded as one of the most dangerous affiliates of the extremist group outside of Iraq and Syria, and has gained strength in Libya by capitalizing on infighting among various armed factions. Read more
Africa “in extra time” for trade deal with U.S.: minister
Trade negotiations with the United States are “in extra time”and that just a few more days are needed for a deal, South African Trade and Industry Minister Rob Davies said on Monday.
It was for the United States to “blow the whistle” on negotiations over the African Growth and Opportunity Act (AGOA), Davies said at a press briefing in Pretoria. Read more
Yatta farmers upbeat as Israel joins canal project
The Israeli government has pledged to help farmers along the Yatta canal in Yatta constituency with technical support on water management.
Speaking when he toured the canal recently, Israeli ambassador Yahel Vilan said Kenya has sufficient water resources but the citizens need to learn about better water management systems. Read more
Kenyans celebrate New Year in Mombasa
Kenyans from all walks of life headed to coastal town Mombasa in their thousands to usher in the new year with aplomb.
In spite of the chilly weather the revellers filled the public beaches with Pirates beach hosting over 3,000 party-goers. Read more
Sudan severs diplomatic ties with Iran
Sudan on Monday said it is severing diplomatic relations with Iran, one day after Saudi Arabia announced it was also cutting off ties with Tehran.
Saudi Arabia on Sunday severed ties with Iran after its embassy in Tehran was attacked amid a row over the execution of a Shiite Muslim cleric. Read more
‘We are not natural-born enemies of Iran,’ Saudi UN envoy says
Saudi Arabia said on Monday it would restore ties with Iran when Tehran stopped meddling in the affairs of other countries and pledged that Riyadh would continue to work “very hard” to support bids for peace in Syria and Yemen despite the spat.
Saudi Arabia cut all ties with Iran on Sunday following the kingdom’s execution of prominent Shi’ite cleric Nimr al-Nimr. Protesters in Iran and Iraq marched for a third day to denounce the execution. Read more
UN chemical weapons watchdog finds traces of sarin gas exposure in Syria
A fact-finding mission by the UN chemical weapons watchdog has found that some people in Syria may have been exposed to the nerve agent sarin or a sarin-like gas.
The mission by the Hague-based Organisation for the Prohibition of Chemical Weapons (OPCW) said it was investigating 11 incidents of the use of toxic chemicals reported by the Syrian government. Read more
U.S. Struggles to Explain Alliance With Saudis
The Obama administration on Monday confronted the fundamental contradiction in its increasingly tense relationship with Saudi Arabia. It could not bring itself, at least in public, to condemn the execution of a dissident cleric who challenged the royal family, for fear of undermining the fragile Saudi leadership that it desperately needs in fighting the Islamic State and ending the conflict in Syria.
The United States has usually looked the other way or issued carefully calibrated warnings in human rights reports as the Saudi royal family cracked down on dissent and free speech and allowed its elite to fund Islamic extremists. In return, Saudi Arabia became America’s most dependable filling station, a regular supplier of intelligence, and a valuable counterweight to Iran. Read more
Brazil’s Lula summoned to testify in bribery case
Former Brazilian President Luiz Inacio Lula da Silva was summoned to testify as a witness for a lobbyist accused of paying bribes to alter legislation in favor of businesses, local media reported on Monday.
Lula and other former and current officials including Deputy Finance Minister Dyogo de Oliveira will testify on Jan. 25 at the request of the defense for jailed lobbyist Alexandre Paes dos Santos, media reported. Reuters could not immediately confirm the reports. Read more
The World’s Biggest Fish Market Holds Its Final New Year Auction
It’s among the biggest of Japan’s many New Year holiday rituals: Early on Tuesday, a huge, glistening tuna was auctioned for about 14 million Japanese yen ($118,000) at Tokyo’s 80-year-old Tsukiji market. Next year, if all goes as planned, the tradition won’t be quite the same.
The world’s biggest and most famous fish and seafood market is due to move in November to a massive complex further south in Tokyo Bay, making way for redevelopment of the prime slice of downtown real estate. Read more