January 22, 2018

Latest Updates

*Arase May Proceed On Terminal Leave* *Oil workers suspend strike*

*Arase May Proceed On Terminal Leave* *Oil workers suspend strike*

Sabinews Morning News Update for March 11, 2016

National

Arase May Proceed On Terminal Leave

Feelers from police formations in Lagos and Abuja indicate that Mr. Solomon Arase, Inspector-General of Police, may soon proceed on terminal leave, preparatory to his retirement.

Arase, an Indigene of Edo State, born on June 26, 1956, joined the Nigeria Police Force on December 2, 1981. He served in various commands and units of the police nationwide and was appointed head of the police force in 2015 to replace Alhaji Suleiman Abba as the 18th IGP. Read more

Oil workers suspend strike

A strike by oil workers under the auspices of NUPENG and PENGASSAN against the restructuring of Nigeria National Petroleum Corporation (NNPC) was yesterday suspended.

General Secretary of National Union of Petroleum and Natural Gas (NUPENG) Joseph Ogbebor, also said the two unions agreed to call off their strike, after the government had promised to safeguard the jobs of their members, pensions, among meeting other problems. Read more

Lagos building collapse: Police detain Lekki Gardens MD

Managing Director and Chief Executive Officer of Lekki Gardens Richard Nyong, 34, was arrested yesterday and detained at Panti Police Station.

The firm is behind the collapsed five-storey building under construction on Kushenla Road, Ikate Elegushi, Lekki, which collapsed and killed 35 people with 13 injured. Read more

Traders urge govt not to relocate market

Traders at Owode Onirin Market in Kosofe Local Government Area of Lagos State have appealed to the Lagos State House of Assembly to ignore a call by a lawmaker that the market should be relocated with the Mile 12 Market.

The market leader, Alhaji Wahab Adeoti, in an interview with The Nation, said since the market was established 30 years ago, it had not recorded any ethnic clash. Read more

Lassa fever: Council begins sanitation of markets

As part of Amuwo Odofin Local Government’s commitment to combat the Lassa fever virus, the Environmental Health Services department has begun the sanitation of markets.

The local government has sanitised Oyinlola and Omotanwa markets in Festac Town, Lagos. Read more

Impersonator paraded for rape in Calabar

The Cross River State Police Command, yesterday, paraded a man impersonating a police officer, Idongesit Effiong, 29, for allegedly raping a 23-year old girl.

Effiong was arrested by the police command on January 17, at Ekorinim area of Calabar Municipality. Read more

Chinese firm backs Cross River’s signature projects

Chinese conglomerate, China Railway Engineering Group, has promised to invest in the signature projects embarked upon by Cross River State Governor Ben Ayade.

Representatives of both the Chinese firm and the government met in Calabar, yesterday. Read more

Man gets two years for incest

Rivers State High Court yesterday sentenced a 58-year-old man to two years in prison for sexually abusing his 10-year-old daughter.

The man, who has been on trial for about five years, was convicted of incest. Read more

MTN in talks with Nigerian regulator on $3.9b fine

South African company MTN is in talks with the telecoms industry regulator in Nigeria to reduce a $3.9 billion fine imposed for failing to disconnect unregistered SIM cards from its local network, Nigerian President Muhammadu Buhari said on Tuesday.

He made the comment at a joint news conference with his South African counterpart Jacob Zuma at the start of a two-day visit by Zuma. Read more

EFCC recovers $2.3m from arms deal suspect

The Economic and Financial Crimes Commission (EFCC ) has summoned a bank’s managing director and its Chief Compliance officer for alleged failure to remit N6.3billion in its custody to the Treasury Single Account.

The cash belonged to the defunct Presidential Implementation Committee on the Alienation of the Federal Government Landed Property. Read more

Buhari Sacks NIMASA Boss, Appoints Amaechi’s Ally, Peterside

President Muhammadu Buhari yesterday sacked the acting director-general (DG) of the Nigerian Maritime Administration and Safety Agency (NIMASA), Mr Baba Haruna Jauro, and appointed an ally of the minister of transport, Mr Rotimi Amaechi, Mr Dakuku Peterside, as new head of the apex maritime regulatory agency.

Peterside was the Rivers State governorship candidate of the All Progressives Congress (APC) in the April 11, 2015, election, and a former member, House of Representative from 2011 to 2015. Read more

Senate, House disagree on NNPC restructuring

The two chambers of the National Assembly have disagreed with the Minister of State for Petroleum Resources, Ibe Kachikwu, over the restructuring of the Nigerian National Petroleum Corporation.

While the Senate has backed the reforms, saying the minister’s action did not contravene any known law, the House of Representatives insists that the restructuring of the national oil firm is illegal. Read more

Ese: Judges want culprits punished

Some high court judges in the South-West have demanded punishment for those indicted in the Ese Oruru saga to serve as a deterrent to others.

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Ese, a 13-year-old girl as of the time of her abduction, was taken from Bayelsa to Kano, where she was allegedly forcefully married by Yunusa Dahiru, aka Yellow. Read more

S’African special forces to train Nigerian soldiers – Minister

The Ministry of Defence has said Nigeria is not asking   South Africa to deploy its special forces to assist in the fight against Boko Haram.

Reports on Tuesday had said the Minister of Defence Mansur Dan-Ali said during a meeting with his South African counterpart Ms.Nobise Mapisa-Nqakula in Abuja on Monday discussions on the deployment of the South African special forces had reached an advanced stage. Read more

Boko Haram Ally, ISIS Membership List Leaked

Tens of thousands of documents, containing 22,000 names, addresses, telephone numbers and family contacts of members of the Islamic State of Iraq and Syria (ISIS), have been leaked to the media by a disgruntled former Free Syrian Army fighter.

The documents, obtained by the British news channel, Sky News, have details of nationals from at least 51 countries, who had to give up their most personal information as they joined the terror organisation. Read more

EFCC Invites Skye Bank MD for Non-remittance of N6.3bn to TSA

The Economic and Financial Crimes Commission (EFCC) has invited the Managing Director of Skye Bank Plc, Mr. Timothy Oduntayo, and the bank’s chief compliance officer over the bank’s deliberate refusal to transfer N6.3 billion lodged in two separate accounts with it to the Treasury Single Account (TSA) with the Central Bank of Nigeria (CBN).

This, according to the commission, amounted to non-compliance with the directive of the federal government on funds in deposit money banks. Read more

Economy

Equities record 0.01% marginal gain

The benchmark index of equities closed positive on the Nigerian Stock Exchange yesterday with a marginal appreciation of 0.01 per cent. Trading in the shares of Dangote Cement Plc, Oando Plc and PZ Plc underlined activities for the day. The All-Share Index rose by 38.46 points or 0.01 per cent to close at 25,923.77 in contrast to 25,885.31 achieved on Wednesday. Read more

Glut hits Nigeria’s steel market

As the glut in global steel production heightened, with many steel industrial firms shutting down, local steel manufacturers may have begun to feel the pangs of the glut as capacity utilisation drops below 50 per cent sequel to low demand.

Coordinator, Steel Manufacturers Association of Nigeria, Prince Felix Oba Okogie, said the Nigerian steel industry is in comatose, pointing out that the industry is faced with a very bad market with no demand for locally-made steel products. Read more

Nigeria loses $3.3bn to NLNG project on tax exemptions –SOMO

Nigeria may have lost $3.3 billion on the Nigerian Liquefied Natural Gas, NLNG, project as a result of the 10-year tax holiday granted during the implementation of the project, a study has indicated. A study carried out by the Netherlands-based Stichting Onderzoek Multinationale Ondernemingen, SOMO, also known as Centre for Research on Multinational Corporations on the project and the tax and other fiscal incentives granted its operators and published January this year showed that the amount should be considered a minimum estimate based on conservative assumptions. Read more

Banks go local to beat CBN deadline on Tier 3 Data Centre

Money deposit banks and other financial institutions in the country are embracing data centre service ahead of next year’s deadline given to money deposit banks in the country by Central Bank of Nigeria (CBN) to adopt tier 3 data centre standard, according to Nigeria CommunicationsWeek findings.

Though experts said that tier 3 standard prescriptions for banks was good, they however noted that it was difficult for any bank or telecommunications operator to meet that standard presently in the country. Read more

Oil and Gas

Niger Delta leaders back NNPC’s restructuring

COMMUNITY leaders in the Niger Delta are backing the restructuring of the Nigeria National Petroleum Corporation (NNPC) to ensure efficiency, profitability in the oil and gas sector.

Under the auspices of Niger Delta Oil Communities Agenda (NIDOCA) , the leaders, in a statement by Emmanuel Akpovoka and Mr. Clement Komboye, secretary-general and Publicity director, decry criticisms by NUPENG and PENGASSAN as ill-informed and ill-advised. Read more

Nigeria needs $500m to fix refineries 

MINISTER of State for Petroleum and Group Managing Director of Nigeria National Petroleum Corporation, NNPC, Dr. Emmanuel Ibe Kachikwu yesterday said that the four refineries in the country will require between $300 million to $500 million to function effectively. The minister disclosed this during an interactive meeting with the joint House of Representatives Committee on Gas Resources, Petroleum (Downstream and Upstream) and Local Content chaired by Rep Victor Nwokolo over the controversy on the recent unbundling of NNPC to 30 companies. Read more

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Sports

Siasia worried about us —Egypt coach

Egypt goalkeeping coach Ahmed Nagi believes that Nigeria manager Samson Siasia is using bully-boy tactics to hide his fear ahead of their double header in Group G of the 2017 Africa Cup of Nations. In a report by Africanfootball.com Nagi claimed Siasia was only making morale boosting statements to hide the state of his mind.

On Tuesday the Nigeria coach had said the Super Eagles could thrash the Pharaohs just as they did in 1977. Nigeria thrashed Egypt 4-0 in Lagos in a FIFA World Cup qualifier. Read more

World News

Chinese ambassador to Namibia bids farewell

Chinese Ambassador to Namibia Xin Shunkang said the trade volume between China and Namibia reached 705 million US dollars, while Chinese investment in Namibia hit 4.7 billion US dollars in 2015.

In his farewell speech delivered on Thursday in the capital city Windhoek, Ambassador Xin said he felt deeply honored to represent China in”the beautiful and peaceful Namibia and finish my diplomatic career of nearly 40 years.” Read more

UN says IS greatly expanded control over territory in Libya

So-called Islamic State has greatly expanded its control over territory in Libya and the militants are claiming to be the key defense for the North African state against foreign military intervention, United Nations sanctions monitors said, according to Reuters.

In their annual report to the UN Security Council, the monitors also said Libya has become more attractive to foreign fighters who mainly arrive through Sudan, Tunisia and Turkey. Read more

Alarm as villagers erect makeshift electric fences

Most modern electric fences send ‘pulses’ of electricity across the wire in one or two second intervals.

This tends shock, and then ‘release’ wild animals or intruders rather than having them stuck on the wire being fried. Read more

Amnesty accuses South Sudan of war crime over shipping container deaths

The deliberate suffocating of over 60 men and boys stuffed into a baking hot shipping container in South Sudan is a war crime, Amnesty International said on Friday.

In a report detailing the atrocity by government soldiers for the first time, the London-based rights watchdog called for the perpetrators to be prosecuted. Read more

Brazilian prosecutors make fresh move to detain former president Lula

Brazilian prosecutors have requested that former president Luiz Inácio Lula da Silva be placed in custody in a move that pushes political temperatures closer to boiling point.

The Workers’ party figurehead – who was deemed the world’s most popular politician when he left office in 2011 – is accused of money laundering and receiving illicit benefits from a construction company. He has denied all charges against him. Read more

Sept. 11 families seek to restore Saudi Arabia as defendant in lawsuit

Lawyers for families of Sept. 11 terrorist-attacks victims appealed to a federal appeals court Thursday to restore Saudi Arabia as a defendant in a lawsuit.

The appeal, filed with the 2nd U.S. Circuit Court of Appeals, asked the court to reverse a lower-court judge’s ruling in August that dismissed the nation as a defendant. Read more

Marco Rubio scores at GOP debate with condemnation of Obama’s Cuba policy

Marco Rubio scored a huge hit on the Republican debate stage in Miami on Thursday night, with strident rhetoric on the subject of Barack Obama’s reopening of relations with Cuba.

The Florida senator, the son of Cuban migrants, is seeking to win the Florida primary on Tuesday and thus rescue his flagging campaign for the White House. Read more

Volkswagen’s US chief ‘ousted over management clashes’

Volkswagen’s US supremo was ushered out of his job for clashing too often with the troubled German car maker’s headquarters as he tried to keep sales afloat before and during the diesel emissions-cheating scandal, a dealer has said.

Michael Horn, VW’s US president and CEO, was the firm’s public face when the scandal broke in September, calmly enduring a two-hour grilling from a congressional sub-committee. Read more

Five jailed in seafood slavery case

Five Thai fishing boat captains and three Indonesians have been given three years in jail for human trafficking in connection with slavery in the seafood industry.

The suspects were arrested in the remote Indonesian island village of Benjina in May 2015. The men were tried separately in Tual, an island in south-eastern Maluku province, about 2,900km (1,800 miles) east of Jakarta. Read more

Obama gives his take on Putin, Netanyahu, ISIS

President Barack Obama defended his decision not to intervene militarily in Syria’s civil war in an interview published Thursday detailing internal clashes among high-level U.S. officials.

Obama said that he was “very proud” of his decision not to take military action against the regime and breaking with conventional foreign policy wisdom, something he called the “Washington playbook.” Read more

 

 

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