Sabinews Morning News Update for September 10, 2015
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
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
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
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
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
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
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