*Fuel Scarcity Will Persist, Unless FG Deregulate – NUPENG* *African leaders to hold summit on Burundi *

*Fuel Scarcity Will Persist, Unless FG Deregulate – NUPENG* *African leaders to hold summit on Burundi *


Sabinews Midday News Update for May 26, 2015


Fuel Scarcity Will Persist, Unless FG Deregulate – NUPENG

Scarcity of fuel would persist in the country unless the Federal government evolves strategies to refine petroleum products locally by putting the nation’s refineries in shape, the National Union of Petroleum and Natural Gas workers (NUPENG) has said.

President of the union, Comrade Achese Igwe, who addressed a press briefing in Lagos, advocated the removal of fuel subsidy and deregulations of the downstream sector. Read more

African leaders to hold summit on Burundi

East African leaders will meet on Sunday at a special summit to discuss the crisis in Burundi, where police and protesters continue to clash on the streets of the capital and the opposition has boycotted peace talks.

A Reuters witness saw police fire in the direction of protesters and gunfire was heard in several parts of Bujumbura early on Tuesday, where many roads are blocked and businesses closed after a month of sometimes lethal protests against President Pierre Nkurunziza’s bid for a third term in office. Read more

UNN students begin massive protest over power failure

Students of the University of Nigeria, Nsukka, UNN, have taken over the premises of Enugu Electricity Distribution Company, EEDC, Nsukka unit, DAILY POST has learnt.

The angry students also barricaded the Enugu Road axis making vehicular movement difficult.

They are protesting many days of power black-out in the institution, which has also made water supply difficult. Read more

GT Bank Appeals Judgment on N5.3b Illegally Withdrawn

The management of Guarantee Trust Bank (GTB) has filed an appeal against the judgment of Justice Valentine Ashi of the Federal High Court, Abuja, ordering  the bank to pay the sum of N5.3 billion to an Abuja-based lawyer, Ted Edwards.

In the notice of appeal filed on its behalf by its counsel, Chief Anthony Idigbe (SAN), before the Abuja division of the Appeal Court, the bank, asked the court to set aside the judgment of the lower court made on Monday May 18, 2015. Read more

FG declares Friday public holiday

The Federal Government has declared Friday 29th May, 2015 as Public Holiday to celebrate the 2015 Democracy Day.

The Minister of Interior, Abba Moro made the declaration on behalf of the Federal Government. Read more

Airport Passengers to Enjoy Glo Wi-Fi Internet

Passengers at the Murtala Muhammed International Airport, Lagos, have now been empowered to enjoy high-speed Internet service. This followed the launch by Globacom of the country’s first ever-comprehensive airport Wi-Fi facility in partnership with the Federal Airports Authority of Nigeria (FAAN).

Aviation Minister, Osita Chidoka, commissioned the facility on Monday at a ceremony attended by senior government officials. They are: the Permanent Secretary of Ministry of Aviation, Hajia Binta Adamu Bello, the Senior Special Assistant to the President on Aviation, Captain Victor Iriobe, the Managing Directors of FAAN and National Airspace Management Agency, the Rector of Nigeria College of Aviation Technology, top Globacom officials and other dignitaries. Read more

Nigeria: FBN Holdings Gets Merchant Banking License

The nation’s apex bank, the Central Bank of Nigeria (CBN), has approved the merchant banking license to one of the subsidiaries of FBN Holdings, Kakawa Discount House.

Managing Director of FBN Holdings, Mr. Bello Maccido, disclosed this in Lagos yesterday at the third annual general meeting of FBN Holdings while defending the dividend payout of 10 kobo per share offered by the group in the 2014 financial year as against 110 kobo paid in 2103 financial year. Read more

MTN says Nigeria services still impacted despite end to fuel strike

Africa’s largest telecoms operator, MTN Group, said on Tuesday that its Nigerian services continued to be hampered despite the end of a fuel strike on Monday.

“Diesel is still not easily available at this time in spite of the end of the fuel strike. It is likely to take some time for normality to be restored,” Funmilayo Onajide, a spokeswoman for the company, said. Read more

I am not perfect, no regrets serving Nigeria under Jonathan – Okonjo-Iweala

Coordinating Minister for the Economy and Minister of Finance, Ngozi Okonjo-Iweala, has declared that it has been very hard managing the Nigerian economy under the current administration.

She noted that though it might not be as smooth as expected, the outgoing government made frantic efforts to improve the lives of Nigerians. Read more

Gunmen kidnap Kogi High Court Judge, Kill orderly

Gunmen on Monday kidnapped a Kogi High Court Judge, Mr Justice Samuel Obayomi, and killed his orderly, Cpl. Usman Musa in an early morning attack.

Obayomi of the Ebogogo High Court in the Adavi Local Government Area of Kogi was kidnapped while on his way to work. Read more

University of Ibadan suspends academic activities for two weeks due to fuel scarcity

Authorities of the University of Ibadan (UI), on Monday asked its students to vacate the premises immediately, pending the time the problem of shortage of water and electricity would be addressed.

The directive was issued to students following ‎an advice given by the Committee of Provosts and Deans to the university’s management. Read more

Australian man punched in the face for defending Muslim women from abuse on train

A man in Australia has allegedly been punched in the face after standing up for three Muslim women on a train in Melbourne.

Police are investigating the incident that began with two men in fluorescent orange tops verbally abusing a group of women for wearing headscarves. Read more

Kenya: Somali al-Shabaab militants ambush police team, 13 missing

At least 13 police personnel are missing following a deadly ambush by Somalia-based al-Shabaab militants in Garissa, Kenya, triggering a massive counter-terror operation.

Earlier reports said 20 officers were feared killed, but the figure was later revised after some of them were accounted for. Read more

Japan braces for severe butter shortage

Japan is bracing for a severe butter shortage that threatens cake making across the country, echoing last year’s dairy disaster that left supermarket shelves empty.

The Japan Dairy Association is warning that demand for butter will outstrip supply by more than 7,000 tonnes, prompting the government to ready emergency imports. Read more

Bouncy castle blown 50 feet into the air by tornado with three young children inside

A bouncy castle with three terrified young children inside was hurled more than 50 feet into the air when a freak tornado swept across a US beach.

The youngsters were then “ejected” from the inflatable mid-air leaving one seriously injured and the other two with minor fractures, according to police in Fort Lauderdale, Florida. Read more

Hundreds Die as Heatwave Hits Parts of India

More than 500 people have died because of soaring temperatures in parts of southern and northern India, with the heatwave expected to continue this week.

The hottest place was the city of Allahabad, in the northern state of Uttar Pradesh, which saw the mercury rise to 47.7C (117.8F) on Sunday, while the capital, Delhi, recorded a high of 43.5C (110.3F). Read more

Isis fighters complaining of ‘Saudi nepotism’ on group’s waiting list for suicide bombers

Isis fighters desperate to blow themselves up in the name of jihad are accusing senior militants of favouring friends and relatives by putting them on suicide bombing missions first.

The alleged nepotism is said to be pushing people up and down the waiting list for “martyrdom”, which was revealed by a British militant last year. Read more



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