SABINEWS MORNING NEWS UPDATE FOR FEBRUARY 28, 2017
South Africans Attack More Nigerians
The Nigerian community in South Africa Monday said that another shop belonging to a member was looted in the latest xenophobic attack at Jeppestown, Johannesburg.
Mr. Ikechukwu Anyene, President of the Nigeria Union, South Africa, told the News Agency of Nigeria (NAN) on the phone from Pretoria that the shop was looted on Sunday night. Read more
Imo, Sokoto, Kaduna PDP Reject Sheriff
The crisis rocking the Peoples Democratic Party (PDP) continued yesterday with the Imo, Sokoto and Kaduna State chapters of the party rejecting Senator Ali Modu Sheriff as their National Chairman.
They also pledged to support the Senator Ahmed Makarfi-led faction of the party. Read more
Malabu Oil Block Forfeiture: Shell, Agip, Others Know Fate March 13
The Abuja division of the Federal High Court has reserved till March 13 ruling on two separate applications filed by Shell Nigerian Exploration and Production Company and Nigerian Agip Exploration Limited seeking to set aside an order of forfeiture granted the Economic and Financial Crimes Commission (EFCC) in respect of Oil Prospecting Licence OPL 245 also known as Malabu Oil. Read more
FCTA Warns Rights Activists Against Giving Support To Prostitutes
As the clampdown on the activities of commercial sex workers in the Federal Capital Territory (FCT) continues, the Federal Capital Territory Administration (FCTA) has warned human rights activists in the territory to desist from giving supports and assistance to commercial sex workers.
Speaking after the arrest of not fewer than 55 commercial sex workers in a raid, conducted by the Social Development Secretariat (SDS), around notorious spots of Mabushi, Garki and Wuse 2 at the weekend, acting secretary (SDS), Mrs. Adebola Elegbede expressed regret that some human rights activists are supporting the nefarious activities of commercial sex workers. Read more
Naira Strengthens to N435/$ on CBN Dollar Glut
The naira continued to strengthen on the parallel market on Monday to close at N435 to the dollar, stronger than N450 to the dollar at which it closed last Friday, as the Central Bank of Nigeria (CBN) continued to relentlessly pump the greenbank into the interbank foreign exchange market to meet the demand of bank customers.
But the buy rate of the greenback rose slightly to N430 to the dollar Monday, against N440 last Friday. Read more
Nigerian Leaders Lack Focus, Commitment, Says Obasanjo
Former President, Chief Olusegun Obasanjo, has said Nigerian leaders lack focus, commitment, continuity and sometimes, proper knowledge about economic and development issues.
He declared that one of major problems facing the country which urgently needs to be corrected is poor leadership. “Nigerian leaders lack focus, commitment, continuity and sometimes, proper knowledge about economic and development issues, hence we have not been able to achieve meaningful result,” Obasanjo said. Read more
Ministry, CPC synergise to save Nigerians from telecoms abuses
Minister of Communication, Mr. Adebayo Shittu, has asserted that the ministry and the Consumer Protection Council (CPC) need to collaborate to save Nigerians from increasing instances of consumer abuses in the telecom sector.
He made the assertion when the Director-General of the CPC, Mrs. Dupe Atoki, led her management team to pay a courtesy call on him in Abuja to intimate the minister on the relevance of the ministry in activities lined up for the commemoration of the 2017 World Consumer Rights Day (WCRD), whose theme is “Building a Digital Age Consumers Can Trust.” Read more
FG Targets 4,000 Metric Tonnes as It Starts Production of Fertilizer
The Presidential Fertilizer Initiative of the Muhammadu Buhari administration has started yielding results, with the production of more than 4,000 metric tonnes of locally-blended fertilizer in the first week of operation. This was contained in a statement issued monday in Abuja by the Senior Special Assistant to the Acting President on Media and Publicity, Mr. Laolu Akande Read more
PMB, Osinbajo Comparison Ploy To Cause Division – Presidency
The presidency yesterday described recent comments by some Nigerians suggesting a comparison between President Muhammadu Buhari and his deputy, acting President Yemi Osinbajo as an attempt by the opposition to cause unnecessary division.
Specifically, it labelled those estimating the similarities or dissimilarities between Buhari and Osinbajo as mischief makers who, rather than wish the country well and allow the people to benefit from democracy, are busy promoting divisive tendencies. Read more
West African surgeons urge govt action to stop brain drain
The West African College of Surgeons, WACS, has urged the Federal Government of Nigeria and other West African countries to commit appropriate resources towards halting brain drain in the field of medical services. The College pointed out that appropriating adequate funds to the health sector and creation of enabling environment will go a long way in preventing healthcare providers in the region from searching for greener pasture in other parts of the world. Read more
Sapele residents shut down Warri-Benin highway over electricity
ANGRY residents protesting lack of electricity at Sapele, Sapele Local Government Area, Delta State, weekend, laid siege to the Warri-Benin City highway, leaving motorists and travellers stranded for over two hours. The protesters, clutching different banners and placards with inscriptions such as, “NIPP, show us our MoU and power our step down”, “We are tired of darkness” and “No light, no pay,” accused the Benin Electricity Distribution Company, BEDC of being inimical to the economic development of Sapele and its environs. Read more
WHO announces list of antibiotic-resistant bacteria
The World Health Organisation (WHO), on Monday, published its first-ever list of antibiotic-resistant “priority pathogens”, a catalogue of 12 families of bacteria that posed threat to human health. The list was drawn in a bid to guide and promote research and development of new antibiotics, as part of WHO’s efforts to address growing global resistance to antimicrobial medicines. Read more
Declare state of emergency in pharma sector, FG told
Worried about the present state of the country’s pharmaceutical sector, community pharmacists have urged the Federal Government to declare a state of emergency in the industry even as they called for bailout fund for local pharmaceutical manufacturers to save the sector from imminent collapse. The pharmacists are also demanding for a substantive Director General of the National Agency for Food and Drug Administration and Control, NAFDAC, to cushion the effects of recession since the industry is largely import-dependent both for finished goods and raw inputs. Read more
New HPV vaccine offers greater protection
Scientists have developed a new HPV (human papilloma virus) vaccine which protects against nine types of the virus — seven of which cause most cases of cervical cancer. The new vaccine offers significantly greater protection than the current vaccine, which protects against only two cancer causing types of HPV. Read more
Varsity teacher urges media to promote gender issues
Professor Tor Iorapuu of the Department of Theatre Arts, University of Jos, has urged Media practitioners to adopt a language that is non-violent, easy, attractive, socially acceptable and timely when dealing with gender issues in the country.
Iorpanuu stated tis while presenting a paper on ‘Establishment of Community Strategy as it Relates to Gender Equality Bills’ at a stakeholders’ recent meeting for the Establishment of Communication Strategy by UN Women in Gombe State. Iorapuu said the communication strategy must be aimed at educating women and girls to impact ideas that encourage behavioural change in the society. Read more
Court directs Lagos government, waste managers to resolve disputes
A Lagos High Court, Igbosere has directed all the Private Sector Participants (PSP), the Waste Management Operators and the Lagos State Government to meet in order to resolve all the issues in controversy between them, so as to achieve the overall objective of a cleaner Lagos.
Justice Oyekan Abdullahi gave the directive after listening to counsel for the PSP operators, Ebun-Olu Adegboruwa, who chronicled the frustrations of the operators as that of investors who have spent time and money to partner with Lagos State for a cleaner Lagos, only to end up being dumped by the government for a preferred foreign investor. Read more
NAPTIP convicts 316 human traffickers, confiscates assets
The National Agency for the Prohibition of Trafficking in Persons (NAPTIP) has said it has so far secured 316 convictions against human traffickers in Nigeria.
The agency also said that the assets of some of the convicted traffickers have been forfeited to the Victims’ Trust Fund. Chief Legal Officer of NAPTIP, Mrs. Ijeoma Amugo, said this during a one-day workshop in Calabar, Cross River State on human trafficking prosecution and victims’ fund and protection organised by the Conference of Western Attorneys-General in conjunction with NAPTIP and other agencies. Read more
Nnamani C’ttee Mulls Barring Officials with Pending Election Petitions from Being Sworn in
The Chairman of the Constitution and Electoral Reforms Committee, Senator Ken Nnamani, has said that the ongoing reform of his committee will discourage the swearing-in of elected officials with pending cases at the election tribunals.
Nnamani, a former president of the Senate, who spoke o Monday at the South-east zonal public hearing on constitutional and electoral reforms in Enugu, said that the measure would discourage attempts by politicians to win at all costs. Read more
Office of Public Defenders harps on free legal services for indigent persons
The director, Lagos State Office of the Public Defender (OPD), Mrs Olubunkola Salami, has said the state government is resolved to ensure that all residents in Lagos, have access to justice irrespective of their financial strength.
She said OPD is a body established by the government to render free legal services in criminal and civil cases to indigents and vulnerable residents of the State. Read more
That CBN Intervention In The Forex Market
Until recently, the dollar was wearing the toga of an absolute monarch in the foreign exchange (forex) market. It ruled and reigned unchallenged and it seemed as if its benign neglect of the rules of the game will last forever. But nothing lasts forever. The American currency may still be a king in the market but it has been stripped of its powers to dictate the terms as it deems fit. That power was eroded when the Central Bank of Nigeria (CBN) pumped in an unprecedented volume of the currency into the market in quick succession. Read more
FG: Trade Exhibitions Vital for Economic Growth
The federal government has stated that the annual Kaduna International Trade Fair is a vital platform for the consolidation of the competitive positions and enhancement of the market share of the firms operating in the Nigerian economy.
It said the fair was also an excellent platform for sensitising prospective local and foreign investors to Nigeria’s immense investment potentials, noting that the consistency of the Kaduna Chamber of Commerce, Industry, Mines and Agriculture (KADCCIMA) in organising the trade fair annually, clearly demonstrates the Chamber’s commitment to the growth of the Nigerian economy. Read more
CBN injects $180m into forex market to soak demand
As part of efforts to increase liquidity in the foreign exchange market and firm up the naira against the greenback, Central Bank of Nigeria (CBN), yesterday released another $180 million into the system. While $100 million is for the wholesale forwards segment, an additional $80 million into the banks is for the settlement of dollar demand for school fees, medicals and Personal Travel Allowance (PTA), among others. Read more
CBN, NIBBS reiterate commitment to cashless policy
The Central Bank of Nigeria (CBN) and Nigeria Inter-Bank Settlement System (NIBSS) have reiterated their commitments towards ensuring that the objectives of the cashless policy in Nigeria are realised.
Speaking at the Electronic Payment Incentive Scheme (EPIS) 2016 Efficiency Awards recently in Lagos, Deputy Governor, Operations Directorate, CBN, Dr. Adebayo Adelabu, noted that having recorded successes since the emergence of the e- payment, the bank was working hard to ensure the aim of the cashless policy is realised. Read more
FG’ll diversify economy through made-in-Nigeria goods –Lai Mohammed
As part of measures to diversify the economy, the Federal Government has pledged to focus on local production of goods and services.
The federal government has, also, apologised to the people of South East over the destruction of crops and farmlands by herdsmen in the area and assured that permanent solution is being worked out to stop the menace.
Revealing this in Umuahia, the Abia State capital, during a Town Hall meeting, the Minister of Information and Culture, Alhaji Lai Mohammed, said government would achieve this through the promotion of made-in-Nigeria goods. Read more
Big question as Naira gets more muscle
The naira – Nigeria’s currency is gradually regaining its lost glory. Its recovery became obvious after it regained over N90 against the dollar at the parallel market within a week. The naira assault against the dollar is likely to continue this week, as currency speculators, who have for months ‘warehoused’ dollars began to offload their stock.
It all started immediately the Central Bank of Nigeria (CBN), through a statement by its spokesman Isaac Okoroafor, announced a new forex policy, which allows commercial banks to have access more dollars to fund forex users at the retail end of the market. Read more
FG Adopts PPP Model For $20bn Niger Delta Gas Project
In what is called a ‘Gas Revolution,’ and following the renewed interactive engagements of the Federal Government with oil-producing communities in several states in the Niger Delta region, a plan to put in place a gas industrial park that is valued at about $20billion through a Public-Private Partnership model is now in process.
Tagged the Gas Revolution Industrial Park, GRIP, Ogidigben, and envisaged to be a regional hub for all gas-based industries, the project will cover 2700 hectares with fertilizer, methanol, petrochemicals, and aluminum plants located in the park that has already been designated as a Tax Free Zone by the federal government. Read more
Ete emerges PENGASSAN’s chairman at Chevron
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), Chevron Branch, has appointed Comrade Onyegbaren Ete as its Chairman to steer the affairs of the branch for the next three years.
According to the the association, Ete scored 54 votes of the 65 votes to emerge the winner during the Fourth Triennial Branch Delegates’ Conference of the Branch held in Benin City, Edo State. Read more
Indigenous company set to acquire IOC’s oil fields
BAYWOOD Continental Limited, an indigenous and integrated oil and gas technical service company, said it is set to acquire matured oil fields from multinational oil companies in the country as part of its expansion drive in the sector. President and chief executive officer of the Baywood Group, Chris Baywood Ibe, who stated this in Lagos, also said that his company would explore new frontiers in the energy sector such as cluster power generation, using abundant gas for upcoming new cities and towns. Read more
NNPC lists steps to achieve 40 bbl reserve by 2020
THE Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Baru has explained that the country needs an increment of at least 1billion barrels in reserves and half a million barrels in incremental production capacity per day year-on-year, for it to achieve the 40 billion barrels of crude oil reserves and meet the government’s 2020 production target of 4 million barrels per day. Read more
Oil Prices: OPEC Members Lose $2trn In 2 Years
Nigeria and other member nations of the Organisation of Petroleum Exporting Countries (OPEC) have lost a cumulative sum of $2 trillion capital investment in the oil and gas industry as well as revenue generation since crude oil price in the international market tumbled in June 2014.
According to Secretary General of OPEC, Dr Mohammed Sanusi Barkindo, over $1 trillion was lost in terms of capital investments which failed to materialise and were cancelled due to dwindling oil price between June 2014 and the end of 2016. Read more
Oil price crash: Worst days for Nigeria over – OPEC
Secretary-General of the Organisation of Petroleum Exporting Countries, OPEC, Mr. Mohammed Barkindo, yesterday, disclosed that the worst days for Nigeria due to the low price of crude oil were over. He said Nigeria’s ability to weather the storms of the low price of crude oil was a miracle. Read more
CAF Elections: Day of Long Knives in Abuja
Ahead of tuesday’s emergency Nigeria Football Federation (NFF) board meeting called by the Sports Minister, Solomon Dalung, at his office at the National Stadium in Abuja, there is apprehension in football circles in the country that the forum may be used to create fresh troubles in the administration of the game here.
The meeting has just one agenda: Nigeria’s position on the Confederation of African Football (CAF) Presidential Election. Read more
Chelsea Nigerian Right Back Ready For Special Game Against West Ham
Victor Moses is relishing the prospect of facing West Ham in the Premier League in a week’s time.
The Nigeria international had a spell at the Hammers during the 2015-2016 season, when he scored 3 goals (2 assists) in 30 appearances. “I had a great time there last season, it’s a nice memory but now I’m a Chelsea player and I’m enjoying my football. Read more
Ambrose returns to Celtic
Nigerian defender Efe Ambrose has made a return to Scottish champions Celtic following the collapse of his move to English second tier side Blackburn Rovers.
The 28-year-old was holding out for a move to the English Championship in January before the deal fell through due to work permit issues. Ambrose stated that he is ready to continue “working hard and training hard.” Read more
Wenger rejects £30m China offer to become world’s best paid boss
Arsene Wenger has rejected a stunning offer from China to make him the highest-paid manager in the world, following his revelation that he has no plans to retire, whether or not he remains at Arsenal.
An unnamed Chinese club were prepared to pay Wenger £30m a year net, twice the salary of the world’s best-paid manager, Manchester City’s Pep Guardiola. Read more
Leicester life goes on and Ranieri is just a fond memory
They were turning away fans with banners at the entrance. ‘Fire safety’ was given as the official reason, as if anybody would really try and burn down the King Power with a piece of decorated A3 paper.
One guy with a sign reading ‘DILLY DING, DILLY DONG, BRING HIM BACK’ was ordered to hand it over to a club official and collect it afterwards. Read more
Bayern Munich celebrate 117 glorious years
On 27 February 1900, something prodigious was created. Little did Franz John and ten more young men realise at the time, as they supped on their Weißbier and swallowed their Weißwurst in the Gisela café in Munich’s Schwabing district, that they were laying the foundations to what has since grown to become the biggest sports club in the world.
On that day, FC Bayern Munich saw the light of day. 117 years later, the record German champions boast over 280,000 subscribed members and over 4,200 official fan clubs. 27 February will be inextricably linked with the foundation of a footballing juggernaut. Read more
Son of murdered Colombian diplomat gets $1 million in narco-cash
Collecting upwards of $1 million of a nearly $200 million judgment may not seem like much. But for a grieving man who lost his father years ago to one of Latin America’s longest-running guerrilla wars, it’s a crucial victory.
Ever since his diplomat father died at the hands of Colombian rebel forces in 1999, Antonio Caballero has been living in the United States under political asylum, looking for ways to bring those responsible to justice. Read more
Trump plans big cuts to boost US military spending by billions
Donald Trump has said he wants to raise the amount America spends on defence by a record $54bn (£43bn).
At a meeting with state governors, the President said he would not increase the country’s debt and would pay for the military investment by cutting foreign aid and other federal budgets. Read more
How To Have More Towers Than Donald Trump
Want to have as many tower blocks named after you as Donald Trump without having to build any of them? Forbes, the American business magazine publisher, has come up with a plan.
The privately-owned company added property to its other three strategic pillars of print and digital media and branding back in 2013, with a plan to lend its name to builders of tower blocks in emerging markets. Read more
Plane crashes into two houses in California killing at least one
A plane has crashed into two houses in California killing at least one person.
The small aircraft, which is believed to have been carrying four people, came down in the city of Riverside shortly after taking off from a nearby airport. Video from news helicopters showed at least one of the homes appeared to be completely destroyed, engulfed in flames and littered with debris.
The plane’s propeller appeared to be left sitting on the roof of a nearby home. Read more
Deportation of student halted hours before she was due to board plane
A university student who faced being deported from the UK to Sri Lanka has had the order halted hours before she was due to board a plane.
Shiromini Satkunarajah, who is studying electrical engineering at Bangor University, North Wales, faced being sent to her country of birth with her mother Roshina on Tuesday morning. Read more