May 26, 2018

*How Intelligence Failure Caused Boko Haram Attack in Kareto* *Lagos Reopens Lekki Gardens*

*How Intelligence Failure Caused Boko Haram Attack in Kareto* *Lagos Reopens Lekki Gardens*

Sabinews Morning News Update for April 24, 2016

National

How Intelligence Failure Caused Boko Haram Attack in Kareto

Boko Haram terrorists had launched a surprise attack on the 113 Battalion last week before the deadly attack was repelled following reinforcement from other military formations.

Military sources however said that despite the “minor setback”, the troops had resolved to complete the clearance operations against the terrorists from every inch of the Nigerian territory. Read more

Lagos Reopens Lekki Gardens

The Lagos State Government has ordered the reopening of the residences of Lekki Gardens which was shut on the instructions of Governor Akinwumi Ambode over a month ago.

The order followed a series of protests embarked upon by Lekki Gardens Residents’ and Homeowners’ Associations in the aftermath of a newspaper advertorial inviting investors in the estate to engage the services of a law firm to file a class action to seek judicial reprieve. Read more

Budget Face-Off: Senate optimistic on resolution this week

Fresh indications emerged, yesterday, that the lingering face-off between President Muhammadu Buhari and the National Assembly over the 2016 budget might be resolved this week.
It was gathered from National Assembly sources that a meeting earlier scheduled to take place between the leadership of the National Assembly and the President to resolve the matter was only rescheduled to a later date and not cancelled. Read more

NLC, Kano government differ on workers verification exercise

The Nigeria Labour Congress (NLC), Kano branch, has described as ‘complete mix-up’ a list circulated by the Kano State government, comprising workers that were not captured in the recent biometric exercise conducted in the state.

It would be recalled that the State’s Head of Service, Muhammad Auwal Na’Iya revealed that the committee handling the workers verification exercise identified about 7,629 workers that couldn’t be captured by the exercise, as a result of which government made a savings of N283,580,848 for the month of April. Read more

Saraki: Nigerians divided over calls for his resignation

With no signs of subsiding, arguments for and against the resignation of Senate President, Bukola Saraki, are growing louder, with more Nigerians coming out to take sides on the contentious issue.

Saraki is currently undergoing trial at the Code of Conduct Tribunal (CCT) in Abuja, for alleged false declaration of assets. Several efforts by the Senate President to halt the trial have met legal brick walls, even as more allegations of massive corruption continue to emerge. Read more

15 killed in Taraba ethnic clash

Fifteen persons were feared dead Friday, following a clash between Wurukum and Shomo communities in Taraba State.

The incident occurred in Karim-Lamido local council, during which several houses and valuables were allegedly burnt. Read more

Falae: I am Not Afraid of EFCC Invitation

The former Secretary to the Government of the Federation (SGF) Chief Olu Falae on Saturday boasted that he is ready to go to the Economic and Financial Crime Commission (EFCC), should he be invited.

Falae stated his resolve to honour the anti-graft agency’s invitation in a telephone interview with THISDAY in Akure, Ondo State, while reacting to media reports of his possible invitation by the EFCC on 2015 presidential campaign fund. Read more

Fire Razes Customs Warehouse, 50 Shanties in Lagos

Exactly 17 days after an inferno gutted two houses at No 2, Ademuyiwa Street in the Ebute Metta area of Lagos, an early morning fire yesterday also gutted 50 shanty structures along Kano Street, at Ebute Metta and destroyed properties worth several millions of naira.

Also, another fire outbreak razed a warehouse located within the premises of the Nigerian Customs Training School, Ikeja, Lagos. Read more

Osinbajo: Public Officeholders Must Account for What They Own

Vice President Yemi Osinbajo said on Saturday in Lagos that public officers would now be made to account for their wealth as part of the anticorruption campaign of the administration. He said the change being pursued by the government was an existential desire and not a mere slogan.

Osinbajo spoke during a town hall meeting held at the Lagos Airport Hotel, Ikeja, organised by United Action for Change, a change advocacy group led by National Legal Adviser of All Progressives Congress, Dr. Muiz Banire (SAN). Read more

Bayelsa civil servants lament nonpayment of salaries

The Association of Senior Civil Servants in Bayelsa State has expressed sadness over the state government’s refusal to pay workers’ salaries for three months, even when there were reports that the government had received Federal Government allocations till March, 2016.

The association, who stated that the state government had borrowed sufficient funds to pay all workers in the state, wondered why they have not been paid. In a communiqué signed by the Association’s state Chairman, Comrade Tari Dounana and the Secretary, Comrade Ebi Sikpi, yesterday, in Yenagoa, the Association said the government should come up with measures to pay all other outstanding salaries to date to in order to cushion the harsh economic situation in the state. The association also advised the state government to reduce the number of political appointees to enable her meet up with other financial obligations. Read more

Tension in states over abuse of bailout

There was tension in many states in the country yesterday over some state government’s failure to defray several months of workers’ salaries even after receiving billions of naira as bailout funds from the Federal Government.

The Independent Corrupt Practices and other Related Offenses Commission, (ICPC), had disclosed that about 27 states received humongous amount of money from the Federal Government as bailout funds, whereas some of them either failed to clear arrears of workers’ salaries or diverted same to other accounts. Read more

Economy

Nigeria’s sugar masterplan has date with 2016

In Nigeria, like in many parts of the world, sugar consumption for various uses is quite high; the situation has remained largely unchanged.

To service the nation’s industrial sugar requirements statistics reveal that as much as $512million was sunk in importation in 2012/2013, creating more jobs for people outside and locally draining scarce foreign exchange. Read more

End to fuel scarcity in sight, as Escravos pipeline comes alive

The resuscitation of the Escravos-Warri-pipeline has given fresh hope of early end to long queues at fuel stations across the country.

The Minister of State for Petroleum Resources and Group Managing Director of the Nigerian National Petroleum Corporation, Dr. Ibe Kachikwu, stated this while re-commissioning the Escravos-Warri-Kaduna pipeline, stressing that both Warri and Kaduna refineries are now receiving crude simultaneously for the first time in many years. Read more

We crashed cement prices in every market we entered, says Dangote

President of Dangote Limited, Alhaji Aliko Dangote at The Guardian Man of the Year Award presentation, Friday night; said his company has succeeded in taking down the price of cement in every market it has entered on the continent, stressing that cement is a commodity that affects both the rich and poor.

“Cement price,” he stated, “is something that worries everybody; even people who are not building houses, know it affects their rent.” He disclosed that with his company’s new investment in cement, in two to three years time, Nigeria would be the highest producer of the product. Read more

AfDB offers $300m loan for youth in agriculture

Minister of State for Agriculture and Rural Development, Heneiken Lokpobiri, has disclosed that the African Development Bank (AfDB) is proposing to offer $300million loan to Nigeria for the development of Youth in Agriculture Project.

Lokpobiri, who revealed this in Abuja at the ENABLE Youth Programme in African Agriculture championed by AfDB in collaboration with the International Institute of Tropical Agriculture (IITA), said Nigeria has begun discussions with the bank to work out the modalities for the loan. Read more

Electricity company denies disparity in workers’ salaries

Managing Director of the Jos Electricity Distribution Company (JED), Alhaji Mohammed Gidado Modibo, has said the company would continue to put the welfare of staff as top priority.

He also denied alleged disparity in salaries of workers, an allegation leveled against the management by the National Union of Electricity Employees (NUEE) of JED during their protest, explaining that salaries of staff of the company had been harmonised in November 2015. Read more

DPR to shut down filling stations selling PMS above recommended price

The Zonal Controller of the Department of Petroleum Resources (DPR), Benjamin Ewuga, has vowed to fully implement Federal Government directive by closing down any filling station that is not ready to sell product at the approved pump price of N86.50 per litre.

Ewuga, who sounded the warning in Makurdi, yesterday, stressed that those not willing to sell it at the approved price should better not lift the product. Read more

Africa Today to Hold China-Africa Trade, Investment Summit

Eminent British economist and politician, Sir Vince Cable who was United Kingdom’s Secretary of State for Business, Innovation and Skills from 2010 to 2015, will be arriving in Nigeria today (Sunday) for the 2016 Africa Today Summit.

The summit, is organised by Africa Today magazine in partnership with the Bank of Industry (BoI), will take place at the Transcorp Hilton Hotel Abuja from Tuesday to Wednesday. Read more

Amaechi Unfolds Plans to Float New National Shipping Line

The Minister of Transport, Mr. Chibuike Amaechi, has unfolded the Federal Government’s plan to float a new national shipping line.

Amaechi who spoke at a Maritime Technical Summit in Lagos, explained that the new national carrier of ocean-going vessels would not be funded via the Cabotage Vessel Financing Fund (CVFF). Read more

FG, states, LGAs share lowest revenue since 2014

The Federal Government shared N299.75 billion with 36 states and local government areas of the country for the month of March — the lowest total revenue for the three tiers since global oil price began to decline late 2014. The allocation was N39.12 billion less than the N338.77 billion shared in February.

The Accountant General of the Federation, Ahmed Idris, said in his secretariat report at the end of the Federation Accounts Allocation Committee, FAAC meeting in Abuja on Thursday that gross statutory revenue received for the month was about N232.62 billion, against N270.5 billion received in the previous month. Read more

Nigeria needs until June to repair Forcados pipeline – Kachikwu

Repair work on a Nigerian pipeline feeding the key Forcados export terminal will last until June, the Minister of State for Petroleum, Dr Ibe Kachikwu has said. Unknown gunmen attacked the pipeline run by Royal Dutch Shell in February, reducing Nigeria’s oil output by some 250,000 barrels a day.

Kachikwu also said Africa’s top crude producer hoped to sign by July agreements with foreign partners to overhaul three outdated refineries in Port Harcourt, Warri and Kaduna. NNPC started this week a tender to attract investors for the refineries, while also continuing talks with U.S. major Chevron, France’s Total and Italy’s ENI. “We expect that to last for about 12 months,” he said, referring to deals NNPC hopes to sign. Read more

Nigeria’s currency woes linger amid Naira/Yuan swap deal

According to reports that emerged from President Muhammadu Buhari’s recent official visit to Beijing, China was the successful signing of currency swap deal by the Central Bank of Nigeria (CBN) and the Industrial and Commercial Bank of China (ICBN), the world’s biggest lender. Read more

Guinness Nigeria’s profit tumbles

Guinness Nigeria Plc, the country’s second-biggest brewer, said profit fell 83 per cent in the nine months through to the end of March during a downturn in the economy. Earnings after tax were N864 million ($4.35 million) in the period, compared with N5.2 billion a year earlier, the local unit of Diageo Plc said in a statement on the Nigerian Stock Exchange’s website.

Revenue dropped 18 per cent to N69.6 billion. While the company didn’t comment on its results, Nigeria has been hammered by oil prices falling 60 per cent since mid- 2014 to about $45 a barrel. The economy grew 2.8 per cent last year, the slowest pace since 1999. Read more

Oil jumps 2%, heads for third week of gains

Oil prices jumped more than 2 per cent on Friday and were poised for a third week of gains as market sentiment turned more upbeat amid signs a persisting global supply glut may be easing. Strong gasoline consumption in the United States, increasing signs of declining production around the world and oilfield outages have underpinned a return to investment in the sector, traders said. Read more

Sports

Iheanacho’s brace helps Manchester City sink Stoke City

Kelechi Iheanacho yesterday put up a man-of-the-match performance at the Etihad Stadium as his brace ensured that City sunk Stoke City in one of the features of the English Premiership.

Fernando had earlier scored through a header, before a foul against Iheanacho allowed Sergio Aguero to score from the spot to compound Stoke City woes. Read more

Washington adopts six Nigerian baseball, softball teams

A united State-based DC Knights Youths Sports in Washington DC has adopted six baseball and softball teams in Nigeria from Little League International and offered them full sponsorship.

This was contained in a message from its founder, Mr. Gerald Hall, to the District Administrator of Little League International, Nigeria, Mr. Kehinde Laniyan, which was made available to The Guardian at the weekend in Akure. Read more

2015/2016 Women’s League commences May 21

The Nigeria Women Football League Congress has announced the date for the kick-off of the 2015/2016 Nigeria Women Football League. The football body said the league begins May 21.

According to the Nigeria Football Federation website, thenff.com, the women congress agreed that the premier league would start a week earlier before the commencement of the newly introduced second tier. Read more

Lack of funds may prevent U-23 Eagles’ participation in Toulon Invitational

The dream of Nigeria’s Under-23 Eagles team to participate in next month’s Toulon Football Festival may be in jeopardy. The €80,000 fee needed to feature in the tournament in the South of France may not be available due to lack of fund by the Nigeria Football Federation (NFF). Read more

World News

  1. African President in Tehran

South African President Jacob Zuma, heading a high-ranking eco-political delegation, arrived in Tehran early Sunday.

Upon arrival in Tehran’s Mehrabad airport, Zuma was warmly welcomed by Deputy Foreign Minister Hossein Amir Abdollahian. Read more

Government institutes investigations into the burning to death of a Zambian in Tanzania

Government has instituted investigations into the burning to death of a Zambian in Tanzania on suspicion that he was involved in ritual murders in that country.

Foreign Affairs Minister Harry Kalaba said yesterday that Government had already contacted the Zambian High Commission in Tanzania to ascertain what led to the killing of 24-year-old Simon Sinkamba of Nakonde’s Ntindi village. Read more

Hospital and home donate medical equipment to Tanzania

Ramsey Cottage Hospital and Brookfield Nursing Home have donated vital medical equipment to an African hospital.

Chake Chake hospital and Pujini dispensary are both in Pemba in Tanzania. Read more

North Korea: We’ll halt nuke tests if US stops military drills

North Korea’s foreign minister has said his country is ready to halt its nuclear tests if the United States suspends its annual military exercises with Seoul.

He also defended the country’s right to maintain a nuclear deterrent and warned that Pyongyang would not be cowed by international sanctions. Read more

Syria conflict: Obama rules out ground troops for Syria

President Barack Obama has ruled out deploying US ground troops in Syria and says military efforts alone cannot solve the country’s problems.

“It would be a mistake for the United States, or Great Britain… to send in ground troops and overthrow the [Bashar al-] Assad regime,” he told the BBC. Read more

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