May 21, 2018

*Medical Doctor Jumps into Lagos Lagoon *Boko Haram Chief Resurfaces Threatening World Leaders in Video

*Medical Doctor Jumps into Lagos Lagoon *Boko Haram Chief Resurfaces Threatening World Leaders in Video



Medical Doctor Jumps into Lagos Lagoon

For reasons yet-to-be ascertained, a medical doctor, identified as Dr. Orji, yesterday stopped his vehicle on the Third Mainland Bridge and jumped into the lagoon.

It was gathered that the doctor, who was driven by his driver, had ordered him to park his Pathfinder Nissan Sports Utility Vehicle (SUV) marked LND476EE on the bridge, before taking over the steering. Read more

Boko Haram Chief Resurfaces Threatening World Leaders in Video

A man purporting to be Abubakar Shekau, the leader of the Nigeria-based jihadist group Boko Haram, has allegedly appeared in a new video obtained by Nigerian news outlet Premium Times.

Boko Haram, which has pledged allegiance to the Islamic State (ISIS/ISIL), released a different propaganda video this week showing the execution of three alleged spies — “two by gunshot and one by beheading,” reports the SITE Intelligence Group, which monitors jihadi activity online. Read more

Federal Government to provide 30,000 houses for civil servants

The Federal Government has concluded arrangements to give no fewer than 30,000 federal civil servants mortgage houses. The beneficiaries would be civil servants who have registered with the Federal Government’s Integrated Staff Housing Programme (FISH.)

The Permanent Secretary in the office of the Head of Service (HoS) and Chairman of the FISH committee, Mr. Yemi Adelakun said in Abuja that so far, about 30, 000 civil servants have registered for the programme. Read more

Bankers Join Whistleblowing Bandwagon, Expose Illicit Transactions of Public Officers

A reliable source with the Economic and Financial Crimes Commission (EFCC), who disclosed this at the weekend, said that some bankers have been encouraged largely by the reward of between 2.5 per cent (minimum) and five per cent (maximum) of the total amount recovered.

According to the source, several former and current public officers who had allegedly stolen from the treasury either hid the physical cash in safe houses or used shell companies, close aides, associates and family members to stash the ill-gotten funds in bank accounts using the names of the companies or their friends, family members and associates. Read more

Finally, Ibori appeals against his conviction in UK Court

Former governor of Delta State, Chief James Onanefe Ibori has now filed a full appeal in the British Court of Appeal against his conviction in 2012.

The two-term governor had received a 13-year jail sentence after admitting fraud of nearly £50 million in 2012 in the United Kingdom. He pleaded guilty to offences relating to conspiracy to launder funds from the state, substantive counts of money laundering and one count of obtaining money transfer by deception and fraud. Read more

Vigilance group threatens legal action over alleged impersonation

The South West Command of the Vigilante Group of Nigeria (VGN) is set to take a legal action against a former member of the organisation, who allegedly impersonated its Commander-General at the Senate’s public hearing of the VGN bill.

The group also seeks a speedy passage of the VGN bill, sponsored by the founder of the security outfit, Alhaji Ali Sokoto, who doubles as Commandant General of the organisation. Read more

Obaze, Nwibe, others react to Soludo’s comment on Obiano

Former Secretary to Anambra State government (SSG) and a governorship aspirant in the November election, Mr. Oseluka Obaze and the All Progressives Congress (APC) aspirant, Engineer Bart Nwibe have criticized former Governor of the Central Bank of Nigeria (CBN), Prof. Chukwuma Soludo for saying that there was no vacancy in Government House, Awka post 2017.

Soludo had said that Governor Willie Obiano had done well and as such there was no vacancy at the Anambra State government house. Read more

DSC resuscitation begins, as AMCON clears salary arrears of ex-workers

The resuscitation of the moribund Delta Steel Company, Ovwian-Aladja, now Premium Steel and Mines Limited (PSML), to production level has begun, just as the Assets Management Company of Nigeria (AMCON) has concluded the settlement of salary arrears owed former staff.

The Chief Executive Officer of Premium Steel, Mr. Prasanta Mishra, disclosed this while donating a brand new ambulance to the Premium Hospital at the weekend. Read more

Lagos Taskforce Nabs 43 Oil Bunkering Suspects, Seals Off Property 

The operatives of the Lagos State Task Force at the weekend nabbed 43 oil bunkering suspects and sealed-off a property with 2.5 million litres of alleged adulterated diesel at the Alausa area of Ikeja.

THISDAY had gathered that mechanics around the area had complained that the activities of these illegal oil bunkers were responsible for a fire outbreak that destroyed properties including 18 vehicles around the area recently. Read more

Lagos Laments Sabotage in New Waste Management Regime

The Lagos State Government at the weekend lamented sabotage of its Environmental Protection and Management Law, 2017 it introduced precisely three weeks ago to chart a new direction for hygiene, sanitation and water in the state.

The state government, also, denied charging some levies on boreholes dug for domestic purpose, acknowledging that only landlords and individuals, who dug boreholes solely for commercial reasons, were liable to pay levies. Read more

Ekiti 2018: Don’t Manipulate Your Primary, Afenifere Warns APC

As over 38 aspirants scrambled for the governorship ticket of the All

Progressives Congress (APC) to contest the 2018 poll, the Chairman of the Afenifere, a Pan-Yoruba socio-cultural and political group in Ekiti State, Mr. Yemi Alade,  has advised the leaders of the party not to manipulate the primary in favour of any aspirant. Read more

Saraki Pledges Commitment to Implementation of  Nigeria-Morocco Bilateral Agreements

enate President, Dr.  Bukola Saraki, has expressed the readiness of the National Assembly to prioritise the formulation of legislation that would see to the actualisation of the bilateral agreements between Nigeria and Morocco.

Saraki made the commitment, at separate meetings with President of Moroccan House of Councillors (upper chamber), Mr. Abdelhakim Benchamach and President of the House of Representatives of Morocco, Mr. Habib El-Malki, in Rabat, Morocco recently. Read more

Akpabio Disowns Statement on Magu’s Rejection

The Senate Minority Leader, Senator Godswill Akpabio, has disowned a statement credited to him by Muslim Rights Concern (MURIC) on why the Senate declined to confirm Mr. Ibrahim Magu’s nomination as the  Chairman of the Economic and Financial Crimes Commission (EFCC).

The group, according to media reports, quoted the ex-governor as saying: “Magu wants us to confirm him so he can use some of us for pepper soup.”  Read more

NDLEA Records 34,499 Drug-related Arrests in Four Years

The National Drug Law Enforcement Agency (NDLEA) has in the last four years arrested 34,499 persons in connection with drug-related offences across the 36 states of the federation and the Federal Capital Territory(FCT), Abuja, between 2012 and 2015.

In the report by Economic Confidential in Abuja, Kano State in the North-west geo-political zone is number one among the states in the federation with highest cases of drug-related offences within the period under review, just as the zone is also number one among the six geopolitical zones in the country with 8,939 cases. Read more

US Calls on Nigeria to Adopt Ranching to End Herdsmen/Farmers Clashes

United States Ambassador to Nigeria, Williams Stuart Symington, yesterday urged Nigerians to adopt ranching of cattle as it is practised in his country to avert the incessant farmers-herdsmen clashes in parts of Nigeria.

The ambassador, who spoke at the weekend when he visited Governor Samuel Ortom in Makurdi, also urged Nigerians to shun all acts that could threaten the unity of the country. Read more

Oyo Pays Four Months Salary in Two Months

The Oyo State Government has reiterated that concrete arrangements have been put in place to ensure that it clears the salary arrears of its workers’ and pensioners, saying that payment of October and November salaries have been made as further demonstration of its commitment to improving the lives of the people and the welfare of its workers especially in these times of economic recession.

The state Commissioner for Information, Culture and Tourism, Mr. Toye Arulogun, who reaffirmed the government’s commitment to the payment of workers’ salaries, explained that despite the lingering shortfall from Federation Account, the Abiola Ajimobi-led administration will continue to make concerted efforts to meet its wage obligation to the state workforce. Read more

Port Harcourt ASUU to Down Tools over Unpaid, Underpaid Salaries

Members of the Academic Staff Union of Universities (ASUU) Port Harcourt Zone at the weekend vowed to down tools over unpaid and  underpaid salaries.

The affected institutions which include the University of Port Harcourt, Rivers State; Niger Delta University, Bayelsa State and Federal University, Otuoke, Bayelsa State, described the situation as unacceptable. Read more

FG May Lose N57bn As Clearing Agents Threaten To Shut Ports

The federal government may lose a whooping N57billion accruable to it from the Lagos seaports if the clearing agents made true their threats to shut down the seaports nationwide over allegations of corruption, arbitrary charges among others at the ports.

The agents had last week issued a 21-day ultimatum to the federal government to do something about the allegations or activities at the ports will be paralyzed by the agents. Read more

EFCC hands over Amosu’s $2.15m hospital to Air Force

A hospital with medical equipment worth about $2.15m which was seized from a former Chief of Air Staff, Air Marshal Adesola Amosu (retd.), has been handed over to the Nigerian Air Force, The PUNCH has learnt.

The hospital, St. Solomon Hospital, which is located on Adeniyi Jones Avenue, Ikeja, Lagos, is said to have state-of-the-art equipment including a Magnetic Resonance Imaging machine which costs well over $1m. Read more

Google, telcos collaborate to unlock potential of sector

Efforts to increase insurance penetration of insurance in Nigeria are becoming feasible, as notable Information Technology and Communication companies are committed to driving growth in the industry.

They include Google, MTN, Airtel and MainOne, which want to leverage ICT tools to promote activities in the sector. Read more

Sex Scandal: IBB Varsity Suspends Principal Actors

The management of Ibrahim Badamasi Babangida University IBBU Lapai committee investigating the alleged sex scandal between a lecturer of English Department, Mr. Isyaku Garba Yusuf and a 400 level student identified as Miss Mercy Dona has recommended for their suspension.

According to the committee, Mercy was alleged to have lured the lecturer to her house with the connivance of her boyfriend and the nude pictures of the lecturer which was posted online caused a huge embarrassment to the school’s management. Read more

Boy Rescued from Father’s Torture Cell

The Enugu Police Command at the weekend arrested one Chinedu Okeke, a middle-aged man for alleged constant torture and abuse of his 14-year-old son identified as one Kelechi  Goodluck Okeke.

The young Okeke was rescued by the police as he was tied with rope with various categories of injuries all over the body by the father under the guise of disciplining his son. Read more

Governors Deny Alleged Diversion of Paris-London Club Refunds

he 36 state governors in the country under the aegis of the Nigeria Governors’ Forum (NGF) have refuted allegations that monies accruing to states from the Paris and London Club refunds have ended in private pockets.

They further contended that nothing illegal had been committed in the entire process leading to the final disbursement of the first tranche of Paris-London Clubs’ repayment of the excess deductions from states’ coffers and the refund to states. Read more

7 Die In Fresh Suicide Attack In Borno

Seven persons comprising of three Internally Displaced Persons (IDPs), a civilian JTF and three suicide bombers, a male and two females, were yesterday killed while eight others sustained various degrees of injuries in suicide bomb attack at Umarari Village, near molai general hospital, along Damboa road in Maiduguri, the Borno State capital.

A statement issued to newsmen, in Maiduguri by the public relations officer of the Borno State Police command, DSP Victor Isuku, said the three bombers, a male and two females attempted to infiltrate Maiduguri town through Umarari village in molai general area when they were sighted by civilian JTF who challenged them and in the process, the bombers ran into different directions and detonated the IED. strapped to their bodies. Read more

FG settles PenCom, Naicom face-off over annuity business

In an effort to ensure harmonization of pension and insurance regulatory operations in Nigeria, the Minister of Finance, Kemi Adeosun, has intervened and brokered a resolution in the dispute between the National Pension Commission (PenCom) and the National Insurance Commission (NAICOM).

Recall that trouble started when PenCom issued a circular in November 2016, directing life insurance companies to transfer their annuity asset holdings to Pension Fund Custodians (PFCs), citing Section 56 of Pension Reform Act 2014 that requires the life insurance underwriters to transfer their RLA assets to licensed PFCs. Read more

Financial stocks contribute 82.9% to total NSE’s turnover

The financial services industry dominated in volume terms at the end of last week’s transactions on the trading floor of the Nigerian Stock Exchange.

The sector led the activity chart with 853.414 million shares valued at N4.269 billion traded in 7,904 deals, contributing 82.91 per cent to the total equity turnover. Read more

NNPC Stockpiles Petrol as CBN Sells FX to Marketers for Diesel, ATK Imports

The Nigerian National Petroleum Corporation (NNPC) on Sunday said it has increased its petrol stock in the country and now has a robust inland supply of over 1.2 billion litres which it said would be sufficient for 34 days forward consumption nationwide.
It also said in a statement from its Group General Manager, Public Affairs, Ndu Ughamadu, that the Central Bank of Nigeria (CBN) has released foreign exchange (forex) to oil marketers to import diesel and Aviation Turbine Kerosene (ATK).
NNPC noted that its petroleum product supply outlook for March to May 2017 was looking good and that it has taken adequate steps to ensure stability in supply of diesel and aviation fuel. Read more

Africa Trade Meeting Has No Africans After US Visa Denials

Each year, the University of Southern California brings delegations from Africa to meet with business leaders, government officials and others in the U.S. But this year, the African summit has no Africans. All were denied visas.
Visa issues are not uncommon for people travelling from African nations. During her prior three summits, Mary Flowers saw a high percentage of her attendees at the African Global Economic and Development Summit unable to attain visas. Read more

World Bank Announces Record $57bn for Sub-Saharan Africa

Following a meeting with G20 finance ministers and central bank governors, World Bank Group President, Jim Yong Kim, yesterday announced a record $57 billion in financing for sub-Saharan African countries over the next three fiscal years. Kim then left on a trip to Rwanda and Tanzania to emphasise the bank’s support for the entire region.

The bulk of the financing – $45 billion – will come from the International Development Association (IDA), the bank’s fund for the poorest countries. Read more

Keshi: South Africa’s Political Elite Fuelling Xenophobia Attacks against Nigerians, Others

Former Nigerian Ambassador to the United States and Charge d’Affaires, Nigerian Embassy, The Netherlands,  Ambassador Joe Keshi, yesterday said the increasing cases of attacks by South African youths on Nigerians and other African citizens was due to South Africa’s political elite fuelling xenophobic attacks against other nationals in that country.

Keshi spoke in an interview with Arise News in Abuja, stating that, the situation is also part of the gang war across South Africa. Read more

Naira to Appreciate Further as CBN Boosts Forex Sale

The naira is set to appreciate further in the week as the Central Bank of Nigeria (CBN) plans to inject more foreign exchange (forex) into the market to meet the requests of genuine customers.

The spokesman of CBN, Mr. Isaac Okorafor, said this yesterday in Lagos. Read more

EKEDEC Apologises for Prolonged Power Outage in Lagos

The management of the Eko Electricity Distribution Company (EKEDC) yesterday apologised to consumers in Ajah, Lagos and environs over the protracted power outage in the communities.

The General Manager, Corporate Communications of the company, Mr. Godwin Idemudia, said in Lagos that the outage being experienced by Ajah, Ogombo, Ajiwe and some neighbouring communities was due to a faulty equipment. Read more

CBN Loans To Commercial Banks Rise To N9.85trn In 11 Weeks

Loans from the Central Bank of Nigeria (CBN) to commercial banks operating in the country has soared to N9.85 trillion in 11 weeks due to illiquidity in the economy, LEADERSHIP checks have revealed.

It was also gathered that the increase in borrowings by the banks may have been triggered by demand for funds to participate in the special foreign exchange (FX) auctions conducted by the apex banking regulating body. Read more

Recession: CBN, 3 ministries to collaborate on monetary, fiscal policies

worried by the divergent positions of monetary and fiscal policy managers on key national economic issues in recent times, the Central Bank of Nigeria (CBN) and leaders of three key ministries driving the economy met at the weekend to seek ways of harmonising  monetary and fiscal policies.

The high level meeting held in Abuja involving the governor of CBN, Godwin Emefiele, Minister of Finance, Kemi Adeosun; Minister of Budget and National Planning, Udo Udoma, and Minister of  the  Trade and Investment, Okechukwu Enelamah, came as part of efforts to evolve best strategies to pull the Nigerian economy out of recession. Read more

CBN ‘ll retain interest rate, says expert

As the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) prepares for its second meeting of the year, Nigerians have been forewarned not to expect any rate hike from the apex bank.

According to Dr Uche Uwaleke, Head of Banking and Finance Department, Nasarawa State University, Keffi, the CBN would likely retain all the rates to monitor inflationary trends. Read more

Fiscal, monetary authorities move to bridge policy gap

AHEAD  of of the decision of the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN)  on interest rate, fiscal and monetay policy authorities have moved to bridge gaps between them on monetary policy rate direction  against the need to stimulate economnic growth and curtail inflation. Financial Vanguard investigation over the weekend revealed that the CBN’s MPC would stick its Monetary POlicy Rate (MPR) contrary to the position of the Ministery of Finance. Read more

CBN, IFAD reward 60 microfinance banks over performance

THE Central Bank of Nigeria, CBN, and International Finance for Agricultural Development, IFAD, have rewarded 60 microfinance banks for performance in rural financing. The award ceremony that took place in Abuja at the weekend was in recognition of what microfinance banks have done to impact in the rural economy that was largely excluded from access to finance.
Read more

CAF Elections: Okowa, Sports Veterans Hail Pinnick’s Victory

Delta State Governor, Senator Ifeanyi Okowa, has congratulated President of the Nigeria Football Federation (NFF), Mr. Amaju Pinnick, on his election victory last Thursday as a member of the Executive Committee of the Confederation of African Football (CAF).

In a statement issued in Asaba on Saturday by his Chief Press Secretary, Charles Aniagwu, Governor Okowa extolled Pinnick’s contribution to the round leather game in Nigeria culminating in his election as a member of Executive Committee of CAF. Read more

Coaches lament Rivers, Rangers Champions League exit

Nigerian coaches Adegboye Onigbinde, James Peters and Godfrey Esu have lamented the exit of Rivers United and Enugu Rangers from the 2017 CAF Champions League.

Rivers on Saturday lost 4-0 to Al Merreikh in Omdurman after winning 3-0 in the first leg in Port Harcourt to crash out 4-3 on aggregate while Rangers went out of the competition after losing 5-3 on aggregate despite beating Zamalek 2-1 at the NnamdiAzikiwe Stadium on Sunday. Read more

Rohr Eager To Beat Senegal And Burkina Faso

NFF Director of Technical Department, Bitrus Bewarang has revealed that Super Eagles handler, Gernot Rohr will go all out to win the two international friendly games against Senegal and Burkina Faso in order improve Nigeria’s position in the FIFA Rankings and boost team’s morale ahead of the competitive matches.

According to Bewarang, the Super Eagles Technical Adviser is not taking the games lightly as he has promised to play strong teams in the two international matches in London Read more

Juventus beat Sampdoria as Scudetto draws closer

Juventus extended their lead in Serie A and took a step closer to a sixth successive Scudetto when Juan Cuadrado’s early goal was enough to beat a spirited Sampdoria 1-0 on Sunday, while title hopefuls Roma and Napoli beat Sassuolo and Empoli respectively.

Juventus’s win takes them up to 73 points with nine games to play, eight clear of second-placed Roma who beat Sassuolo 3-1 at home, and 10 ahead of Napoli, 3-2 victors at Empoli. Read more

West Brom coaches for Greensprings/Kanu camp

Two coaches of English Premier League side West Bromwich Albion have been confirmed for the Greensprings Kanu Football Camp scheduled to hold from April 3 to 8 at the Lekki Campus of Greensprings, Lagos.

The West Brom coaches, Sam Whitmore and Lauren Affron, would tutor participants in the camp alongside some other coaches from The Netherlands. Read more

Barca and Madrid wins turn La Liga into two-horse race again

Barcelona’s Lionel Messi (1st R) competes during the Spanish first division soccer match between Barcelona and Valencia at the Camp Nou Stadium in Barcelona, Spain, March 19, 2017. Barcelona won 4-2.(Xinhua/Pau Barrena)

MADRID, March 19 (Xinhua) — FC Barcelona defeated Valencia 4-2 in the Camp Nou Stadium on Sunday to remain in touch with Real Madrid as the Spanish La Liga reached the final international break of the season. Read more

Mourinho the winner as City and Liverpool have to settle for point each after they fight out thrilling draw at Etihad

Bonkers. Utterly, utterly and gloriously bonkers. And that was just the two manic managers on the touchline. Little wonder Pep Guardiola and Jurgen Klopp collapsed into each other’s arms at the final whistle.

This was as relentless, dramatic, astonishing and compelling as it comes. And somehow it ended just 1-1. Right result. Wrong scoreline. Four-four would have been a better reflection on what unfolded. Read more

Derry City captain Ryan McBride dies suddenly

The 27-year-old defender is thought to have died at home on Sunday evening.

The Irish FA tweeted: “Thoughts tonight with the family of Ryan McBride and everyone involved with @derrycityfc.”

The death comes a day after McBride led his team to a 4-0 victory over Drogheda United. Read more

Canadian specialized nurses will be allowed to work on U.S. visas

U.S. Customs and Border Patrol has apparently reversed a misinterpretation of visa rules that had put at risk the ability of highly specialized Canadian registered nurses to work in hospitals in Detroit and other cities along the northern border.

Last week, Detroit-based Henry Ford Health System sounded an alarm after hearing Canadian nurses had been denied renewals of a NAFTA-related TN visa that allows nurse practitioners and nurse anesthetists from Canada to more easily cross the border for work at American health systems. Read more

Drugs and alcohol found in blood of Paris airport attacker

A suspected Islamic extremist took drugs and drank alcohol before he took a soldier hostage at Paris’ Orly Airport and was shot dead by her fellow patrolmen. The Paris prosecutors’ office said toxicology tests conducted as part of a post-mortem found traces of cocaine and cannabis in the blood of the suspect, Ziyed Ben Belgacem.

He also had 0.93 grams of alcohol per litre of blood when he died on Saturday, the prosecutors’ office said. That is nearly twice the legal limit for driving in France. Read more

Another journalist shot to death in violent Mexican state of Veracruz

An attacker shot a journalist to death Sunday in the Mexican state of Veracruz, adding to the toll in a region plagued by drug gang violence and allegations of government corruption.

Journalist Ricardo Monlui was leaving a restaurant with his wife and a son in the town of Yanga, outside the larger city of Cordoba, when a man who appeared to have been waiting shot Monlui twice and fled, local police chief Carlos Samuel Hernandez said. The wife and son apparently were unhurt. Read more

South Korea complains to WTO over China’s response to anti-missile system – minister

South Korea’s trade minister said on Monday Seoul had complained to the World Trade Organization (WTO) about China’s retaliation against South Korean companies over the deployment of a U.S. anti-missile defence system in the South.

“We have notified the WTO that China may be in violation of some trade agreements,” Trade Minister Joo Hyung-hwan told parliament in response to questions about China’s reaction to the deployment of the Terminal High Altitude Area Defense (THAAD) system in South Korea. Read more

FBI Director James Comey to be grilled on Russian meddling and Trump wiretap claim

FBI Director James Comey could spark a political firestorm on Monday when he publicly testifies about Russian meddling in the 2016 presidential election and – crucially – whether there is any evidence that Trump aides colluded with the Kremlin.

Mr Comey will also be pressured to clarify, once and for all, President Trump’s explosive allegation that former President Barack Obama spied on him in the run-up to last November’s election. Read more

Saudi Aramco resumes Egypt oil deliveries

Egypt has received its first two oil shipments from Saudi giant Aramco after deliveries were suspended for several months over political differences, an oil ministry spokesperson said on Sunday.

“On Friday and Saturday, we received the first two deliveries after a resumption of the contract with Aramco,” oil ministry spokesperson Hamdi Abdel Aziz told AFP. Read more




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