SABINEWS MORNING NEWS UPDATE FOR FEBRUARY 15, 2017
Osinbajo Blames Current Hardship on Corruption
The Acting President, Professor Yemi Osinbajo, has said the hard times currently faced by Nigerians is a result of the corruption that took place in the country for so many years.
Osibanjo spoke yesterday at the Aztech Arcum Events Centre, Port Harcourt, during a ‘critical stakeholders’ meeting that was attended by leaders and members of the All Progressives Congress (APC). But Rivers State Governor, Nyesom Wike, has berated the state chapter of the APC for trying to instigate conflict by holding the alternative meeting after the acting president had met with stakeholders that cut across party lines in the state. Read more
1.7 m Candidates To Write 2017 UTME –JAMB
Prof. Ishaq Oloyede, the Registrar of the Joint Admissions and Matriculation Board, says 1.7 million candidates are expected to sit for the 2017 Unified Tertiary Matriculation Examination (UTME).
Oloyede made the disclosure while fielding questions from journalists at the Information and Communication Technology Retreat organised for stakeholders on Tuesday in Abeokuta, Ogun. Read more
NIRSAL, Nigeria Railways Begin Movement of Grains by Rail
The Nigerian Incentive Based Risk Sharing for Agricultural Lending (NIRSAL) in collaboration with the Nigeria Railway Corporation (NRC) yesterday inaugurated a unique scheme to move grains from the northern part of the country to markets, industrial zones and ports in the South.
In the first stage of the initiative, a consignment of 800 tonnes of soyabeans left Funtua, Katsina State for Apapa port, Lagos after a brief ceremony from where it will be loaded onto ships for exports. Read more
Court Dismisses Nyame’s No-Case Submission
A High Court of the Federal Capital Territory (FCT) sitting in Gudu District of Abuja, has dismissed a no-case submission filed by former Taraba State Governor, Jolly Nyame, in a corruption suit preferred against him by the federal government.
Nyame is being prosecuted by the Economic and Financial Crimes Commission (EFCC) for allegedly misappropriating state funds to the tune of N1.64 billion. Read more
US Announces Fresh Grant of N241.6m to Support Nigeria’s Power Sector
The United States of America has reiterated her commitment to the development of Nigeria’s power sector with the announcement of a fresh grant of $767,512 (N241.6 million) to support the development of renewable energy in Nigeria.
The grant, which was received by Community Energy Enterprises Limited (CESEL), a private Nigerian company, is for the development of solar micro grids in 25 communities across Nigeria. Read more
Anenih Tells PDP to Forget Presidency Until Buhari Finishes His Tenure
A former Chairman of the Board of Trustees (BoT) of the Peoples Democratic Party (PDP), Chief Tony Anenih, has told the party to forget about the presidency until the tenure of President Muhammadu Buhari is over.
Speaking when the leadership of the Jerry Gana strategy review and inter-party affairs committee visited him in Abuja, Anenih, according to The Cable, said it was very shameful for members of the party to be struggling for the presidency and other elective positions when the party was not yet in order. Read more
Court restrains Delta government from demolishing over 8,000 houses
An Akwukwu-Igbo High Court yesterday stopped Delta State government from demolishing the houses of over 8,000 landlords at Ogbeowele New Layout in Okpanam, Oshimili North Local Council of Delta State, which were allegedly built on government-owned land.
The task force on land regularisation and reclamation headed by Mr. Frank Omare, which was inaugurated by Governor Ifeanyi Okowa four months ago, had last week sent a strong message to the landlords by knocking down the fences of the buildings. Read more
FG Suffers Setbacks in N1.5bn Fraud Charge against Ex-NSA Aide, Security Consultants
The federal government suffered a major setback in its prosecution of Colonel Nicholas Ashinze and three security consultants in the N1.5billion fraud charge brought against them by the Economic and Financial Crimes Commission (EFCC) on its behalf.
The Federal High Court judge in Abuja, Justice Gabriel Kolawole, rejected the major bank documents sought to be tendered by government to establish its case against the five defendants. Read more
Former Rivers Govt Chief of Staff, Emeh Leaves APC for PDP
A frontline politician in Rivers State and one of the leaders of All Progressives Congress (APC), Chief Emeh Glory Emeh, has defected to the Peoples Democratic Party (PDP).
Emeh, who has served the state in various capacities including Senior Special Assistance on Media and Strategy, state Commissioner for Commerce and Industry, Commissioner for Transport and Aviation during the former Governor Peter Odili’s administration, was said to be under immense pressure from both his political mentors and associates to return to the PDP where political pundits believed the man generally described as political engine room and strategist actually belongs. Read more
Nigeria, eight others move to cut maternal, infant mortality
Disturbed by the high incidence of maternal and child mortality, nine countries – Bangladesh, Cote d’Ivoire, Ethiopia, Ghana, India, Malawi, Nigeria, Tanzania and Uganda – have committed to halving preventable deaths of pregnant women and newborns in their health facilities within the next five years.
Nigeria is next to India on the list of countries with the highest number of maternal and child deaths. Read more
Atiku Visits IBB, Again Canvasses Country’s Restructuring
Capt Yahaya Gombe, Amb. Yahaya Kwande , Alhaji Kowaronga Gada and Alhaji Jamiliu Jibrin, stated that he was at Babangida’s residence to wish him well after his return from medical vacation abroad.
The former vice president was earlier received at the Minna airport by Niger State governor, Alhaji Abubakar Sani Bello before he was driven straight to Babangida’s residence at about 1:10pm. Read more
New Monarch Emerges in Igbara-Oke, Ondo
Agbede of the Ogidi ruling house, scored eight out nine votes cast by nine kingmakers under the headship of Chief Joseph Olofin, who is the Sapetu of IgbaraOke.
The other ruling house, Aruogbon did not present a candidate for the stool while the Ogidi ruling house presented four contestants for the Olowa stool. The stool became vacant following the demise of the former monarch, Oba I. A Adepoju, who joined his ancestors in December 2016. Read more
Declare Office Of FCT Perm Sec Illegal, Plaintiff Tells Court
A Federal High Court in Abuja has been asked to declare the office of the Permanent Secretary of the Federal Capital Territory (FCT) illegal.
A legal practitioner, Mr. Chidi Nwankwo, is praying the court to set aside all secretariats, departments and agencies set up for the FCDA outside those set up by the FCT (Establishment of Functionaries and Departments) and Ministry of the FCT (Dissolution) Order No.1 Of 2004. Read more
President, Govs, Legislators for Book Launch in Abeokuta
President Muhammadu Buhari will join state governors and legislators on Tuesday, 21 February, 2017 in Abeokuta for the public presentation of the book, Buhari vs Yar’Adua: Facing The Future.
The book reflects on the landmark presidential election case between the candidate of the All Nigeria Peoples Party (ANPP), Gen Muhammadu Buhari and President Umaru Yar’Adua of the Peoples Democratic Party (PDP) in 2007. Read more
Navy Arrests 17 Vessels, Crew for Maritime Illegalities
The Western Naval Command (WNC) of the Nigerian Navy (NN) tuesday said the command has over the course of one year arrested 17 vessels and their crew members for different maritime illegalities. The crew and their vessels were arrested for illegalities not limited to conveying of stolen products, patrolling without permit, discrepancy of products, illegal products and piracy. Read more
Principal, Seven Others Arraigned for Tampering with BEDC Meters
A vice-principal of a secondary school in Benin City, Mrs. Caroline Akoriegie and a civil society activist, Mr. Joseph Ngbede were among the eight people arraigned at a Federal High Court Benin City last Thursday for allegedly tampering with electric fittings.
This, according to a statement from the Head Key Clients Group, Abel Enechaizam, Benin Electricity Distribution Company (BEDC), is a crime that is punishable under Section 3 (6) of the Miscellaneous Offences Act Cap M.17 Laws of Nigeria 2004. Read more
Footballers prone to brain damage – study
Professional footballers are at heightened risk of developing a brain disease that can cause dementia and is usually found in boxers and American football players, a study published on Wednesday suggests. The study, published in the journal Acta Neuropathologica, looked at 14 retired footballers with dementia who had started playing football and heading the ball in childhood or their early teens. Read more
Suspension gale stokes controversy in Edo APC
There is a brewing controversy in the Edo State chapter of the All Progressives Congress (APC) over the recent suspension of not less than 30 members and leaders of the party in parts of Edo South and Edo Central senatorial districts.
While 23 of the suspended leaders from Oredo local government were immediately replaced, the party set up a committee headed by the secretary of the party in the state, Chief Osaro Idah, on the seven suspended from Edo Central senatorial district, four of who are state and local government executive members. Read more
NPA, Intels trade tackles over N403bn debt
THE controversies between Nigerian Ports Authority, NPA, and Intels Nigeria Limited over estimated $1.3 billion (N403 billion) revenue in port leases and services, appears to be escalating with NPA turning over fresh details to the National Assembly. Intels had alleged that NPA was owing it $840 million and has subsequently pursued the payment petitioning the National Assembly. Read more
LASU VC appeals for alumni’s support
The Vice-Chancellor, Lagos State University, Prof. Olanrewaju Fagbohun, has appealed for all possible support from the institution’s alumni, declaring that government alone cannot meet all its needs. The VC said the institution would not only celebrate any alumnus who obliged the call, but would also be accountable on any such gesture received. Read more
Firms plan solar power for Magboro, Brass, 23 communities
Two firms have signed a Memorandum of Understanding to power 25 communities in Bayelsa, Ondo, Ogun and Osun states with solar energy.
A Nigerian firm, Community Energy Social Enterprises Limited, on Tuesday, signed a $767,512 MoU with Renewvia Energy Corporation, an American company, to provide solar energy for some communities on a ‘pay-as-you-go’ basis. Read more
Over 2,000 Nigerians recruited into Nigerian Airforce within a year, says COAS
The Chief of Air Staff, Air Marshall Abubakar Sadique yesterday disclosed that not less than 2,000 able bodied Nigerians were recruited into the Nigerian Air Force within the last one year.
Sadique who made the declaration before the Senate Committee on Air Force during 2017 budget defence of his command, said the mass recruitment was done in line with the employment generation of the present administration as a way of addressing the problem of unemployment among the Nigerian youth aside getting the required manpower for the intensification of the war against Boko Haram Insurgency in the North East. Read more
Army Currently Deployed in 32 States, Says Buratai
Officers and men of the Nigerian Army are currently engaged in 32 states of the federation, battling terrorism, kidnapping, cattle rustling, pipeline vandalism, communal clashes, and other forms of insecurity. The development has stretched the military, informing the need for the planned recruitment of 12,000, with the passage of the 2017 budget. Read more
W’Bank: In Lagos, Two Out of Three Persons Live in Slums
A new World Bank report has stated that in Lagos, two out of three people live in slums.
The report released on Monday also noted that Africa’s cities had been growing in population, stating that adding the size of another Nigeria to cities in the continent, by 2025, would have a critical role to play in their countries’ economic growth Read more
Inflows Into TSA Rise To N5.2trn
The federal government has generated a whooping N5.244 trillion through the Treasury Single Account (TSA) since the commencement of the policy in August 2015 till date.
One year after its implementation, the TSA policy conceived in 2012, which waited until August 2015 to be implemented, for lack of political will, has also closed 20,000 bank accounts belonging to government ministries, agencies and parastatals (MDAs). Read more
Nigeria Already Getting Out Of Recession – Presidency
The federal government has said that the Nigerian economy is already on its way out of recession.
The government based it’s assertion on the 8-fold over subscription of its recent Eurobond (orders in excess of US$7.8 billion compared to a pre-issuance target of US$1bn), which the government posits has demonstrated strong market appetite for Nigeria, and showed confidence by the international investment community inNigeria’s economic reform agenda.
This is in addition to the modest return of the non-oil economy to positive territory at 0.03 per cent in 2016 Q3 after two consecutive quarters of negative growth. Read more
Less than one per cent fake naira notes in circulation – CBN
The Central Bank of Nigeria on Tuesday debunked claims that about 20 per cent of the naira notes in circulation were counterfeit.
The apex bank said in a statement that the security features in the currency had made it difficult for the naira to be counterfeited, adding that less than one per cent of the notes in circulation between January and December last year were fake. Read more
DMO Engenders Confidence with Eurobond Success
It is no longer news that the Nigerian economy entered recession last year. Also, it is no longer news that the federal government is working assiduously to ensure the economy recovers this year. However, what is news is that contrary to the thinking of pessimists, investors are more bullish on the future prospects of the economy given the determination of the federal government to ensure that it recovers fully and impacts positively on the lives of the citizenry.
Having realized that the economy is going into recession due to externalities that are mostly beyond its control, the federal government commenced initiatives that would engender its earnest recovery. Read more
Building Local Capacity for Exports
Recent developments in the global energy market and local oil and gas industry have heightened the need for Nigeria to diversify its economy away from crude oil. This has become more important as some of the leading countries who import oil are looking to become oil independent economies in the not too distant future.
Exporting of non-oil commodities and finished products will not only improve Nigeria’s foreign exchange revenue profile but will also help drive employment generation, sustainable poverty reduction and internally generated revenue both at the state and federal levels. Read more
Anchor Insurance Pays ‘Loss of Employment’ Claims to 120 Job Losers
Against the backdrop of economic recession plaguing Nigeria’s economy, culminating in loss of jobs by many, insurance sector operators said they are handy to bring succor to affected employees, who acted wisely to take insurance cover against job loss. Anchor Insurance is one of such insurance firms as it has recently in this regard put smiles on the faces of 120 workers from and outside financial institutions who were relieved of their duties as a result of restructuring exercise embarked by their employers to survive the recession. Read more
Eurobond: Nigeria’s external reserves have grown by more than $4 bn in three months – FG
The Federal Government has said that the almost eight-fold over-subscription of its recent Eurobond (orders in excess of $7.8 billion compared to a pre-issuance target of $1 billion) demonstrated strong market appetite for Nigeria, and showed confidence by the international investment community in the country’s economic reform agenda and that Nigeria’s external reserves have grown by more than $4 bn in the last three months. The Federal Government’s position was contained in a bulletin of Aso Villa, “Government at Work,” released in Abuja, yesterday. Read more
Nigeria loses $100b revenue to pipelines sabotage —Kachikwu
Minister of State for Petroleum Resources, Dr Ibe Kachikwu, yesterday, said the Federal Government lost about $100 billion revenue last year to incessant attacks on oil facilities by militants in the Niger Delta. Kachikwu, who stated this while talking on his ministry’s 20-point agenda, also said the country lost about one million barrels per day at the peak of the attacks. Read more
Shell and ENI ask Nigerian court to lift forfeiture on OPL 245
A copy of the court documents filed by oil majors Royal Dutch Shell and ENI have asked a Nigerian court to lift a temporary forfeiture of a long-disputed oilfield, Reuters reports. Last month, a Nigerian court ordered the temporary forfeiture of assets and the transfer of operations of the OPL 245 field owned by Shell and Eni, among others, to the federal government.
The Nigerian court case is the latest of several inquiries, including by Dutch and Italian authorities, into the 2011 purchase of the OPL 245 block which could hold up to 9.23 billion barrels of oil, according to industry figures. Read more
Indigenous oil firms display expertise in project execution
Nigeria’s indigenous oil and gas firms have taken advantage of the Local Content Policy to showcase their expertise in the execution of projects in the sector.
For example, indigenous oil companies have excelled in the execution of projects in the areas of engineering, fabrication and construction; marine and subsea services; pipeline system, pipeline leak/clamping; operation and maintenance. Read more
Ex-Rangers Star, Obiekwu, Slumps, Dies in Action
Tragedy has again struck Nigerian football after former Enugu Rangers star Henry Obiekwu slumped and died while playing a friendly in Enugu Monday.
Former Super Eagles defender Kingsley Obiekwu aka ‘Shagari’ confirmed the passing of his younger brother Henry. Read more
Official : Nigeria U23 Star Departs Spurs After 9 Years, Unveiled By Slovenian
Slovenian champions Olimpija Ljubljana have announced the signing of Nigeria U23 international Nathan Oduwa. The Tottenham Hotspur Academy product has committed his future to Olimpija Ljubljana for the next three years.
Olimpija, writing on their official website, admitted that they did not agree terms with the winger earlier and the transfer had been on the brink of collapse, with reports suggesting that there was a misunderstanding in the terms net and gross salary he would have pocketed after tax. Read more
MFM To Host Rangers In Season’s First Friday Night Game
MFM FC and Enugu Rangers will clash in the first Friday night game of the 2016/2017 Nigeria Professional Football League season, Completesportsnigeria.com reports.
The match-day 10 encounter will take place at the ‘Soccer Temple’ Agege Stadium on Friday, February 24.
“The League Management Company has informed us that our game against Enugu Rangers initially scheduled for Sunday, February 26th will now be played on Friday, February 24th,” Olawale Quadri, the media officer of the Olukoya Boys, informed Completesportsnigeria.com. Read more
Spurs back in for £25m-rated Wilfried Zaha, Danny Rose rejected China
Crystal Palace were offended by Tottenham’s £12 million offer for Wilfried Zaha, but the Express say they’ll come back in for the Ivory Coast international.
The 24-year-old wide player is valued at £25m by the Eagles and only penned a five-and-a-half year deal in 2015. Read more
Hull City fans furious with FA after club charged
Hull City supporters have been left fuming with the Football Association after their club was charged for failing to control their players in last Saturday’s 2-0 defeat to Arsenal.
Fans have unleashed their outrage on Twitter, stating that the team suffered at the hands of referee Mark Clattenburg. Read more
It is hard to even think straight after Barcelona’s loss to PSG
Please be patient with me here. I have no idea what I’m saying, but I just needed to say something.
As of this writing, it has been two hours since Barcelona were completely destroyed by Paris Saint-Germain and practically said goodbye to the UEFA Champions League in the early Round of 16. It was a disaster of a match, with many reasons that led to it, and while my responsibility as a blogger is to write about what happened, I honestly do not know what to say. Read more
Arsenal Are Right To Expect Better From Mesut Ozil
If Mesut Ozil’s wage demands will be informed by his Arsenal performances, he may have to reduce his requested salary this week. Over the past seven days, Ozil has turned in two performances that have left to Arsenal fans openly questioning his worth to the club.
First there was Arsenal’s 2-1 defeat at Goodison Park. Ozil had the chance to put the game beyond the Toffees, but instead he fired over after Alexis Sanchez’s brilliant cut-back. Read more
Potentially damaging for Manchester United if Griezmann says no
Atletico Madrid star Antoine Griezmann has delivered a blow to potential Premier League suitors by telling RMC that he has doubts about moving to England.
What’s the word?
The France international has been heavily linked with a summer transfer to Manchester United. Read more
World on brink of ‘post-Western age’ as influence of Europe and US declines, warns report
The world is on the brink of a “post-Western age” with the declining influence of Europe and the US allowing other states, including Russia, to shape a new global order, according to an influential security report.
The Brexit referendum and the election of Donald Trump have left global institutions such as the European Union, United Nations and Nato, in an increasingly fragile state, Wolfgang Ischinger, chairman of the Munich Security Conference, said. Read more
Rohingyan girls forced to become child brides after fleeing to Malaysia
THE slight girl in a turquoise headscarf held back tears as she recalled what happened when she fled to Malaysia from Burma‘s violence-hit Rakhine state. Just 12-years-old at the time, she was forced to wed a man she did not know, and who was more than a decade older than her.
The teenager, who is not being named by Reuters because she is still only 13, is like hundreds of Rohingya girls escaping persecution, violence and apartheid-like conditions in Rakhine, only to be sold into marriage to Rohingya men in neighbouring Malaysia, migrant groups and community members said. Read more
Former senior Chinese official jailed for 15 years for graft
A court in southeastern China on Wednesday sentenced the former Communist Party boss of the northern province of Hebei to 15 years in jail after finding him guilty of corruption, the latest senior official jailed in a sweeping crackdown on graft.
Zhou Benshun was the top official of Hebei province, which surrounds Beijing and is China’s most important steel producer. Read more
Middle East peace may not be two-state solution says White House
The Trump administration said on Tuesday that peace between the Israelis and Palestinians may not come in the form of a two-state solution – a dramatic shift from former president Barack Obama, who said he saw no alternative.
Speaking to reporters ahead of Donald Trump’s meeting on Wednesday with his Israeli counterpart, a senior White House official said the US president is eager to begin facilitating a peace deal between the two side and hoping to bring them together soon. Read more
BREAKING: Phone records and intercepted calls show ‘Trump aides and campaign staff repeatedly contacted Russian intelligence officers in the year before the election’
A new report alleges members of Donald Trump’s team was in contact with Russian intelligence officials during the year leading up to the presidential election.
The New York Times claims call records and intercepted conversations show: ‘members of Donald J. Trump’s 2016 presidential campaign and other Trump associates had repeated contacts with senior Russian intelligence officials in the year before the election.’ Read more
Kim Jong-nam: Killing could be sign of ‘brutal’ N Korean regime
South Korea has confirmed the killing of the brother of North Korea’s leader Kim Jong-un, saying it could be a sign of the brutality of Pyongyang.
Kim Jong-nam was killed in an apparent poison attack in the Malaysian capital, Kuala Lumpur, on Monday. No motive has been confirmed and the attackers have not been identified. Read more