August 19, 2017

*Lagos ban: Truck drivers withdraw services* *Oshiomhole Sacks Four Commissioners*

*Lagos ban: Truck drivers withdraw services* *Oshiomhole Sacks Four Commissioners*

Sabinews Morning News Update for September 10, 2015

 

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National

Lagos ban: Truck drivers withdraw services

Truck drivers on Thursday began to withdraw their services from the ports in protest over the restriction of their movements to the night-time by the Lagos State Government.

Following an accident involving a container truck which claimed three lives at Ojuelegba, the Lagos State Government announced the restriction of truck movement within the metropolis to between 9pm – 6am. Read more

Oshiomhole Sacks Four Commissioners

Governor Adams Oshiomhole of Edo State has terminated the appointment of four commissioners in his cabinet.

Those affected in the exercise are Chief Lucky James, Commissioner for Local  Government and Chieftaincy Affairs; Mrs. Maidida Blessing, Commissioner for Women Affairs and Social Development; Mr. Patrick Aguinede, Commissioner for Basic Education; and  Mr. Chris Ebare, Commissioner for Water  and Energy. Read more

Shock at Rivers Tribunal as Military Witness Says No Election Took Place

There were shocking revelations at the Rivers State Governorship Election Petition Tribunal sitting in Abuja on Wednesday, when one of the star witnesses from the military testified that election did not hold in the state on April 11 during governorship poll.

The military personnel who represented the Chief of Army Staff (COAS) on subpoena, admitted that violence by political thugs marred the electioneering process and that officials of the Independent National Electoral Commission (INEC) were rescued by military operatives on several violent occasions. Read more

Tinubu, Akande Meet Buhari, Say No Power Struggle in APC

National leader of the All Progressives Congress (APC), Senator Bola Ahmed Tinubu, and former Chairman of the party, Chief Bisi Akande, on Wednesday met with President Muhammadu Buhari in the State House.
Their meeting with the president lasted for over two hours. Read more

Customs Destroys 1,583 Cartons of Frozen Chicken

The Western Marine Command of the Nigeria Customs Service on Tuesday vowed to keep up the fight against smuggling of frozen poultry products, especially around Yekeme area, near Badagry.

The Comptroller in charge of the command, Yusuf Umar, said this while destroying 1,583 cartons of smuggled poultry products in Lagos. Read more

Navy Redeploys 61 Senior Officers

The Chief of the Naval Staff (CNS), Vice Admiral Ibok-Ete Ibas, has approved the redeployment of 61 senior officers of flag ranks in the Nigerian Navy.

The Naval Director of Information (DINFO), Commodore Kabiru Aliyu, announced this in a statement yesterday with 28 Rear Admirals and 33 Commodores affected in the appointment. Read more

Criticism Continues to Trail DSS Invasion of A’Ibom Govt House

Criticisms have continued to trail last week’s invasion of Akwa Ibom State Government House, Uyo by officers of the Department of the State Security (DSS) with the latest coming from the elders and people of the state.
At a press briefing in Uyo yesterday, the elders said the DSS was reported to have discovered and recovered foreign currencies, arms and improvised explosive devices in the presidential lodge within the government house complex. Read more

Fire Wipes out Family of Five in Lagos

A family of five, consisting of father, mother, grandmother, a girl and an infant, were wiped out on Wednesday in a fire incident at their Lagos residence.

All five were killed in the fire, which trapped them at residence at No. 23 Michael Ogun Street, Obele, Lawanson area of Lagos. Read more

I’m not bound to declare assets publicly – Wike

Rivers State Governor, Chief Nyesom Wike, said on Wednesday that he had declared his assets to the relevant authority in accordance to law.

Wike explained that he had by his action, fulfilled the country’s constitutional requirement, adding that declaring his assets publicly was not part of the dictates of the law. Read more

Army frees 128 Boko Haram suspects

The Nigerian Army on Wednesday freed 128 suspected Boko Haram members arrested in different locations of Borno State.

Speaking during the release of the 128 persons to the Borno State Governor, Alhaji Kashim Shettima, the Chief of Army Staff, Lt. General Tukur Buaratai, said the detainees have been carefully screened by a joint intelligence cell, which includes the Nigerian Army, Police, DSS and representative of Borno State government. Read more

Debtor list: Heritage Bank apologises to Nda-Isaiah

Former Enterprise Bank Limited, now Heritage Bank Limited, has apologised to the Chairman of Banana Republic Limited, Mr. Sam Nda-Isaiah, for erroneously including his name, that of his wife, Zainab, and the company’s in the list of debtors published by the bank in two national dailies.

The bank, in a letter to Nda-Isaiah, dated August 31, 2015, admitted the error. Read more

Stowaway arrested in Lagos airport

A 25-year-old man was found inside the tyre compartment of a Ghana-bound Medview Airlines plane at the Murtala Muhammed Airport, Lagos, on Wednesday, it was learnt.

Eye witnesses said the stowaway was found by the pilot during his final check on the plane before its departure to Accra, Ghana. Read more

INEC officer, three other female bodies found in room in Anambra

Details emerged, yesterday, on the discovery of four female dead bodies in a room in Ifite area of Awka, the Anambra State capital. The Anambra State police command discovered the dead bodies in a room occupied by a couple on Olisa Onyeka Crescent near the Commissioners’ quarters in Awka GRA.

Two of the dead bodies were said to be holding Holy Bible at the time they were discovered and they might have gone to pray with the tenant of the room when they met their death. Read more

Economy

Bailout: CBN Leads Execution Of The Buhari Plan

The Central Bank of Nigeria recently commenced the disbursement of a Special Intervention Fund approved by President Muhammadu Buhari to 27 states for the payment of several months of outstanding salaries to civil servants. This is indeed good news. The failure of many state governments to pay workers’ salaries for several months now has dominated the news headlines because of the mass suffering and socio-economic disruptions it has ignited in many parts of the country. For the workers, their families and dependents, the joy is palpable.  Read more

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Oil price fall stalls funding of SWF

The continued fall in the prices of crude oil globally has stalled the Federal Government’s contribution to the country’s sovereign wealth fund.

The Managing Director/Chief Executive, Nigeria Sovereign Investment Authority, Mr. Uche Orji, disclosed this to State House correspondents on Wednesday after briefing President Muhammadu Buhari on the activities and the investments of the NSIA, just as he said that the preparatory stage for the Second Niger Bridge had gulped $2.2m. Read More

Banks yet to remit N12bn, says RMAFC

Verification of revenue collections and remittances by banks engaged by the Federal Inland Revenue Service and the Nigeria Customs Service has shown that some banks have not yet remitted over N12bn to the federation account.

The Chairman, Non-Oil Committee of the Revenue Mobilisation, Allocation and Fiscal Commission, Reverend Ajibola Fagboyegun, disclosed this in Abuja on Wednesday while receiving a draft report of the exercise. Read more

JPMorgan: Investors lose N311bn in 24 hours

Investors in the equities segment of the Nigerian Stock Exchange recorded heavy losses as stocks plunged on Wednesday, a day after JP Morgan said it would remove Nigeria from its government bond index.

A sell-off in the stock market, triggered by the move, saw the market capitalisation of the listed equities fall by N311bn or 2.98 per cent from N10.439tn to N10.128tn, while the NSE All-Share Index declined by 904.78 basis points (2.98 per cent) to 29,454.09 basis points. Read more

FOREX: CBN foreign currency policies killing us – LCCI

The Lagos Chamber of Commerce and Industry, LCCI, yesterday, said the biggest challenge facing investors currently is the dislocations caused by the recent foreign exchange policies of the Central Bank of Nigeria, CBN.

Speaking at 2015, third quarter press conference, the President of LCCI, Alhaji Remi Bello, said the chamber appreciates the challenge of scarcity of foreign exchange as tough choices have to be made, but that the chamber has serious reservations over the policy choices of the CBN in managing the current crisis. Read more

Oil and Gas

NNPC opens new oil swap contracts

The Nigerian National Petroleum Corporation may have set up four new crude oil swap contracts to replace those cancelled last month vital for bringing in about half of the country’s domestic fuel demand, industry sources have said.

The NNPC, under the leadership of Dr. Ibe Kachikwu, had on August 26 announced the cancellation of the contract for the delivery of crude oil to the nation’s refineries in Warri, Port Harcourt and Kaduna. Read more

FG announces plan for new refineries

The Group Managing Director, Nigerian National Petroleum Corporation, Dr. Emmanuel Ibe- Kachikwu, on Wednesday said the Federal Government would consider establishing new refineries for optimal performance of the oil sector.

Kachikwu stated this while speaking to journalists in Kaduna shortly after he was conducted round the Kaduna Refining and Petrochemical Company. Read more

Shell: Insecurity, others inhibiting gas flare out

Insecurity, inadequate funding and lack of commitment from joint venture (JV) partners stalling the plan to end gas flaring in Nigeria, Shell Petroleum Development Company Limited (SPDC) has said.

The firm in its latest journal, Shell in Nigeria, stated that since 2000, it has worked with the Federal Government to end the flaring of associated gas but that security and funding, among others, have been hindering that goal. To acheive this goal, the problems must be addressed, it added. Read more

Oil workers advise Buhari to prioritise gas

The Federal Government should make gas development its major source of earnings in view of the current global slump in oil price, the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has said.

The body in a document signed by Comrades Francis Johnson and Bayo  Olowoshile, President and General Secretary respectively, said it was high time the country diversified its economy by giving more attention to gas exploration and exportation for growth. Read more

Power

IBEDC Requires N10bn to Boost Steady Power Generation

Seventh months after the take-off of the transitional electricity companies in the country, the management of Ibadan Electricity Distribution Company (IBEDC) has said the company required about N10billion to purchase pre-paid meters, concrete electric poles and other equipment needed to provide steady electricity supply for its teeming customers in its areas of coverage.

The IBEDC covers Kwara, Oyo, Osun, Ogun state and parts of Niger, Kogi and Ekiti states. Read more

TCN eyes 30 projects to boost wheeling

As the power generation improves and expected to continue to increase, the Transmission Company of Nigeria (TCN) has marked out 30 critical projects to expand its wheeling capacity to 8,000 megawatts (Mw) from 5,300Mw.

Its Managing Director, Dr. Abubakar Rasheed Tambuwal,  told The Nation that TCN has over 130 projects ongoing but chose 30  to equip the transmission network for more generation. Read more

Sports

Okagbare Mum Over Suspension News

Africa’s fastest woman, Blessing Okagbare-Ighoteguonor, has told supersport.com that she will prefer to stay quiet over reports of her ban by Nigeria.

The media in Nigeria reported on Tuesday that the country’s sports commission, which also acts as the sports ministry, has slammed a ban on the African 100m and 200m women’s champion for her alleged refusal to run for the West African nation in the IAAF World Championship in Beijing, China and the ongoing All Africa Games in Congo. Read more

AAG: Okagbare to Leave for Congo Today

Africa’s queen of the track, Blessing Okagbare-Ighoteguonor, THISDAY can reveal this morning is to leave for Congo Brazzaville today to compete for Nigeria in the track & field events of the 11th All Africa Games (AAG) starting this weekend.
After the furore generated by Okagbare’s withdrawal from the 200m and 4x100m events of the last IAAF World Championship in Beijing, China, the double Commonwealth Games sprint gold medalist had planned as no-show for the AAG. Read more

Siasia’s Dream Team in Flying Start, Beats Ghana 2-0

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Samson Siasia led Nigeria’s Under-23 football team, the Dream Team VI, yesterday defeated their Ghanaian counterparts 2-0 in their first game of the football event of the ongoing 11th All Africa Games in Congo.
Two second half goals by Junior Ajayi and Kingsley Isokari were all Nigeria needed to clip the wings of the boastful Ghanaian lads. Read more

We’ll come stronger against Egypt – Musa

Super Eagles stand-in captain Ahmed Musa has said Nigeria should expect a much improved performance from the team in their next 2017 AFCON qualifier against Egypt in March.

Nigeria will first welcome the Pharaohs between March 23 and 26, before they travelling to Cairo between March 26 and 29. Read more

NFF Plans Three Friendly Matches For S’Eagles

Nigeria Football Federation (NFF) is working on an ambitious three friendly series in London and Belgium, which will involve Cameroon, Ghana and Congo, next month.

The matches will be played between October 5 and 13. Read more

World News

Mining still gives more to Ghana – Koney

The Chief Executive Officer of the Ghana Chamber of Mines, Mr Sulemanu Koney, says contrary to popular opinion, the mining industry returns a large proportion of its revenue to the Ghanaian economy.

In 2014, for instance, he said the industry returned approximately 77 per cent of its revenue to the country with a large portion of the remainder used for capital expenditure and the acquisition of consumables. Read more

Car Bomb Hits Libya’s Prison Detaining Gaddafi-era Officials

A car bomb explosion hit the Libyan capital Tripoli on Wednesday near al-Hadba prison where Gaddafi officials are detained, including his son Saadi, according to a security source.

“A car bomb exploded near al-Hadba prison. The car exploded about 150 meters from the wall of the prison.” said Othman Al-Ghellani, prison spokesman, Xinhua reported. Read more

Ivory Coast Court Clears 10 Candidates to Run for President

Ivory Coast’s constitutional court cleared 10 candidates on Wednesday to stand in next month’s presidential election including incumbent Alassane Ouattara, who is expected to win a second term in office.

The October 25 election is seen as an important step in Ivory Coast’s recovery from civil war. The country is the world’s top producer of cocoa and the largest economy in Francophone West Africa. Read more

Alert on Rift Valley fever announced

The director of veterinary services has called for early warning systems in counties following the likelihood of Rift Valley fever due to El Nino rains.

Kisa Ngeiywa in a letter dated September 1 warned that there is also likelihood of other vector borne diseases. Read more

Nigerian arrested with expired passport

CID (Criminal Investigation Department) officials have arrested a Nigerian woman for violating Immigration and Emigration laws, in Mount Lavinia police division yesterday (9) at around 4.30p.m. Read More

Amal Clooney in the Maldives and ‘in danger’

A threat of serious consequences for representing Mohamed Nasheed, former President of the Maldives, hasn’t stopped Amal Clooney from visiting her political client in the island nation this week.

Mrs Clooney’s visit follows an incident that saw her colleague, Mahfooz Saeed, stabbed in the head and left in a critical condition in a local hospital. Read more

Caitlyn Jenner says she fears being sent to male prison over car crash

Caitlyn Jenner, the former Olympic champion and reality TV star who is being investigated in connection with a fatal California car crash, defended herself on Wednesday and expressed concern over county jails that place transgender people with the opposite sex. Read more

Brazil downgraded to junk rating by S&P, deepening woes

Standard & Poor’s downgraded Brazil’s credit rating to junk grade on Wednesday, further hampering President Dilma Rousseff’s efforts to regain investors’ trust and pull Latin America’s largest economy out of recession.

The faster-than-anticipated downgrade from investment grade will likely rock Brazilian financial markets on Thursday and will increase borrowing costs for the government and Brazilian companies. Read more

Asia stock markets fall following Wall Street slide

Markets in Asia moved mostly into negative territory on Thursday after New York closed lower, by a decline in Apple shares and energy companies.

After surging almost 8% on Wednesday, Japan’s Nikkei was down 3.3% at 18,140.7 points in early trade. Read more

New Jersey Man Pleads Guilty to Pledging to Join ISIS

A 21-year-old New Jersey man pleaded guilty in federal court on Wednesday to planning to travel abroad with other men from New York and New Jersey to join the Islamic State.

The man, Samuel Rahamin Topaz, who his lawyer said had been raised by a Catholic mother and a Jewish father, pleaded guilty to conspiring to support a foreign terrorist organization and remained held without bail. Read more

The Amazon tribe protecting the forest with bows, arrows, GPS and camera traps

With bows, arrows, GPS trackers and camera traps, an indigenous community in northern Brazil is fighting to achieve what the government has long failed to do: halt illegal logging in their corner of the Amazon.

The Ka’apor – a tribe of about 2,200 people in Maranhão state – have organised a militia of “forest guardians” who follow a strategy of nature conservation through aggressive confrontation. Read more

Expert group says embryo genetic modification should be allowed

Research involving genetic modification of human embryos, though controversial, is essential to gain basic understanding of the biology of early embryos and should be permitted, an international group of experts said on Wednesday.

The statement was issued by members of the so-called Hinxton Group, a global network of stem cell researchers, bioethicists and policy experts who met in Britain last week. Read more

North Dakota Oil Spill Cleanup Slowed by Lack of Natural Gas

The cleanup of a massive 2013 oil spill in northwestern North Dakota is being hampered by a lack of natural gas needed to power special equipment that cooks hydrocarbons from crude-soaked soil, a state regulator said.

Crews have been working around-the-clock to deal with the Tesoro Corp. pipeline break that spilled more than 20,000 barrels of oil into a Tioga wheat field two years ago this month. Read more

 

 

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