*Fuel crisis to end in 2 days – Kachikwu* *Army Kills Forty Boko Haram Terrorists*

*Fuel crisis to end in 2 days – Kachikwu* *Army Kills Forty Boko Haram Terrorists*

Sabinews Morning News Update for March 13, 2016


Fuel crisis to end in 2 days – Kachikwu

The Minister of State for Petroleum Resources, Mr. Ibe Kachikwu , yesterday, assured Nigerians that the fuel crisis that appears to be crippling the nation’;s economy would end within the next two days, while he promised to work with the Central Bank of Nigeria, CBN, in addressing the foreign exchange challenges confronting major oil marketers.

Speaking during a tour of petrol stations in Abuja, Kachikwu  apologised  to Nigerians for the pains  brought about by the scarcity, while he stated that the Nigerian National Petroleum Corporation, NNPC, deploys 300 truckloads of fuel to Abuja on a daily basis, while supply has also been increased across the country. Read more

Army Kills Forty Boko Haram Terrorists

The army on Saturday said it has destroyed the Boko Haram camp in Alajeri, Guzamala Local Government Area of Borno State.

Army spokesperson, Sani Usman, a colonel, said in a statement that the military operation, following intelligence on the presence of Boko Haram camp in Alajeri, led to the death of 40 terrorists and capturing of their arms. Read more

Hope Rekindles as Oil Prices Rally

In a pulsating show, global crude oil prices last week recovered some of their margins and finally beat Nigeria’s budgetary benchmark to trade at above $38 per barrel.

Although too early to jubilate, news of the price recovery gave a bit of optimism to authorities in Nigeria that perhaps, the country may after all gain some advantages in financing its expenditure proposal in its 2016 budget. Read more

EFCC to arraign Oronsaye for fraud Tuesday

The Economic and Financial Crimes Commission has said it will on Tuesday arraign a former Head of Service of the Federation, Mr. Steve Oronsaye for an alleged fraud.

According to the EFCC, the new charge is different from the existing charge for which Oronsaye, Osarenkhoe Afe and their accomplices who are being prosecuted before the Federal High court, Abuja on 35-count of fraud and money laundering involving N2bn. Read more

CAN tells Emirs to stop forceful marriage of minors

The 19 Northern States and Abuja Christian Association of Nigeria (Northern CAN) yesterday warned emirs to stop forceful marriages of Christian minors in their domain and also facilitate the release of those in captivity. New Chairman of the Northern CAN, Rev. Yakubu Pam, gave the warning shortly after his election in Kaduna at the weekend. CAN also faulted Nigeria’s membership of the Coalition of Islamic Countries against terrorism. Its members said they needed to be assured by the government that innocent Nigerian Christians would not be victims in the event that ISIS terrorist attacked Nigeria for being member. Read more

Media presents police as not working, IGP claims

The Inspector General of Police, IGP, Mr. Solomon Arase, has accused the Nigerian media of presenting the Police Force in a bad light, saying, “they give the impression that we are not working”. The IGP who stated this during a one day working visit to Niger State cited what he described as ‘over-bloated’ reports on the Fulani cattle breeders and farmers clash in Benue State as one of the reports. Arase explained that the clash between the two groups forced him to travel to Benue State, based on the horrifying reports being dished out by some media organisations about the communal feud, which was not the exact reflection of what happened. Read more

AU Nominates Nigeria, 4 Other Countries As Disease Control Centres

The African Union (AU) has nominated five countries from the sub-regions of the continent to serve as Africa Centres for Disease Control (ACDC).

Olawale Maiyegun, Director of Social Affairs, African Union Commission, who made the disclosure to newsmen in Abuja on Saturday, explained that the centres would be the Regional Collaborating Centres (RCC) for AU on disease control. Read more

Oil sector suffers amid long wait for PIB

The Nigerian oil and gas sector, which has continued to take a beating from the decline in global oil prices since mid-2014, is desperately in need of a robust legal framework to attract investment, stakeholders have said.

The Petroleum Industry Bill, which was not passed before the end of the previous administration, is expected to be re-packaged and submitted to the current National Assembly. Read more

Scarcity: Filling stations sell petrol at black market rate

Filling stations in many parts of Abuja, Lagos, Kaduna and Nasarawa are dispensing petrol at similar rates with black marketeers who hawk the product in jerry cans.

On Saturday, many petrol stations, particularly those in satellite towns dispensed petrol at between N150 to N170 per litre, depending on how obscure the outlet is compared to other major filling stations that are strategically located at the city centres. Read more

Fuel scarcity: NNPC, CBN collaborate on forex for major marketers

The Minister of State for Petroleum, Dr. Emmanuel Ibe Kachikwu, yesterday revealed that his office was strategising to collaborate with the Central Bank of Nigeria (CBN) to pave way for the major oil marketers to import their petroleum products for sale.According to him, the government has been preparing to strengthen the nation’s capacity to stand emergency situations, that result from fuel crisis.

“Obviously, we are going to systemically look at how do you prepare this nation to the circumstances where they have emergency we will be able to respond,” he said. Read more

As Power Generation Hits 3,118MW, Water Level, Gas Supply Still Major Challenges

Electricity power generation on Saturday increased to 3,118 megawatts (MW) from a low of 1,580 MW, some days ago. But low water levels and gas supply issues may hinder it from returning to the level of between 4,500MW and 5,000MW, at which it stood before the drop.

The Nigerian Gas Company (NGC), a gas transportation subsidiary of the Nigerian National Petroleum Corporation (NNPC), which supplies gas from two major gas plants at Utorogu and Oredo to link power plants some weeks back, noted that gas supplies from the plants had gone down considerably due to repair works. Read more

Militants sack police station in Bayelsa, attack bank

Like a scene in an action thriller, gunmen suspected to be militants launched attacks on a police station and a branch of an old generation bank in Amasoma, Southern Ijaw Local Government Area in Bayelsa State.

Amasoma is the community of late former governor of the state, Chief Diepreye Alamieyeseigha, and a host to the state-owned Niger Delta University (NDU). Read more

Ooni marries famed Benin bronze caster’s daughter

The Ooni of Ife, Oba Adeyeye Enitan Ogunwusi, yesterday formally took for wife, Wuraola Zainab Obanor  from the famous Igun N’ Eromwon, the Benin Bronze Casters Guild.

The colourful traditional ceremony took place at the Benin City residence of the bride’s father, Mr. William Obanor, followed by a reception for guests at the Benin Hotel. Read more

$2.1b arms deals: EFCC traces transfers to 11 foreign accounts in UK, US, Niger

Much of the $2.1billion arms funds put in care of the Office of the National Security Adviser (ONSA) by the Jonathan Administration was paid into 11 different accounts in the United Kingdom (UK), United States of America (USA) and Niger Republic, further probe of the money has revealed.

Dozens of Peoples Democratic Party (PDP) leaders, top government functionaries and retired/ serving military officers had earlier been linked with the sharing of the slush funds. Read more

Industrial sector records N8.9tn output

The manufacturing sector recorded an increase of N289bn in its output from N8.68tn in 2014 to N8.94tn at the end of December 2015, figures obtained from the National Bureau of Statistics have revealed.

According to the NBS, there are 13 activities in the manufacturing sector made up of oil refining; cement; food, beverages and tobacco; textile, apparel and footwear; wood and wood products; pulp and paper products; chemical and pharmaceutical products. Read more

Dollar scarcity: Manufacturers turn to local raw materials

The scarcity of foreign exchange has forced some manufacturers to look inwards for raw materials, investigation has shown.

Manufacturers who spoke to our correspondent said they had embarked on urgent search for raw materials and substitutes that could be sourced locally because  access to forex through the official route was near impossible while getting it through the black market was very expensive. Read more

NDLEA busts Mexican-Nigerian drug cartel

National Drug Law Enforcement Agency has discovered a methamphetamine laboratory run by Mexicans and dislodged a major drug trafficking organisation in the country.

Officials of the Special Enforcement Team NDLEA discovered the illicit methamphetamine production laboratory in Asaba, Delta State. Read more

Oliseh to appear before House of Reps

Former Super Eagles coach Sunday Oliseh will appear before the House of Representatives Committee on Sports on Thursday in Abuja to discuss his sensational resignation as coach of the national team,AfricanFootball.com reports.

A top source at the National Assembly informed AfricanFootball.com, “Oliseh has been invited by the committee on sports. He is to give his own side of his resignation story.” Read more

Stoke won’t extend Osaze’s contract

Stoke City are not likely to extend the contract of Peter Odemwingie when it runs out at the end of the season.

Stoke manager Mark Hughes has shipped out the Nigeria striker on loan at English Championship side Bristol City till season’s end after saying he is “far away from the first team”. Read more

World News

High Court orders arrest of Liberian ship

The Madras High Court has directed the arrest of the Vessel ‘TINA’, a Liberian ship, which is presently anchored at Kamaraj Port, Ennore or wherever found within the territorial waters of India.

Justice K.K. Sasidharan passed the order on an application moved by STX Corporation, a Korea-based company, for allegedly failing to honour a business transaction. Read more

In crowded Cairo, ride-hailing apps leave cabbies fuming

For 32-year-old banker Hani, it was always a nightmare riding in Cairo’s battered taxis through traffic gridlock and thick exhaust fumes that sputter out of rickety vehicles.

But with the arrival of ride-hailing apps Uber and Careem, Hani travels with ease across the vast city of 25 million — notorious for its dusty streets and polluted air. Read more

How Filming Mad Max Damaged A Fragile Desert In Namibia

The Namibian desert, with its stark, lunar landscape, makes an ideal dramatic backdrop for a post-apocalyptic movie.

Max Max: Fury Road, which on Sunday won six Oscars, was filmed in this desert’s dusty dunes. The production relocated to Namibia from Australia after unusually heavy rains Down Under turned a normally dry landscape green. Read more

Algeria once again rejects Arab League decision against Hezbollah

Foreign ministers of Arab countries member in the Arab League in a meeting in Cairo on Friday called Lebanese Hezbollah a terrorist organization, a decision which was rejected by Lebanon and Iran in addition to Algeria.

While rejecting attribution of terrorist organization to Hezbollah, Algeria reminded that the issue was in contradiction with the subject matter of UN regulations in this regard. Read more

Australian teenager in Syria says he feels betrayed over cancelled passport

A Queensland teenager stranded in Syria after the Australian government cancelled his passport last month has said he feels betrayed, let down and that he has been “painted as a terrorist” by the authorities.

In an interview with Muslim media outlet One Path Network, 19-year-old Oliver Bridgeman maintained that he was only in Syria to do humanitarian work and to deliver aid supplies to refugee camps and to children. Read more

Libyan unity government moves to take power, asserting sole authority to rule

A Libyan unity government pulled together with UN backing moved to take power on Saturday night as the Tripoli-based Presidential Council called on the country’s institutions and the international community to stop dealing with any rival groups.

The council said in a statement on Saturday that it had a majority of signatures approving the new government from the House of Representatives (HOR) – one of Libya’s two rival post-Gaddafi assemblies – as well as endorsement by other political figures. This amounted to a “green light to start work”, the council said. Read more

North Korean submarine missing and presumed sunk, say reports

A North Korean submarine has gone missing at sea and is presumed to have sunk, according to reports from the US and South Korea.

The vessel had reportedly been operating off the North Korean coast during the week when it disappeared. Read more

China’s top judge says large jump in terrorism convictions

Chinese courts convicted more than 1,400 people last year for harming national security, including taking part in terrorism and secessionist activities, China’s top judge said on Sunday, double a broadly equivalent number given for 2014.

Hundreds of people have been killed over the past few years in China’s resource-rich Xinjiang province, strategically located on the borders of central Asia, in violence between the Muslim Uighur people, who call the region home, and ethnic majority Han Chinese. Read more

Malaysia Airlines sued by family of victim Paul Weeks

The family of Perth man Paul Weeks, who was on the doomed Malaysia Airlines flight MH370, is suing the company for damages.

Five writs were lodged on March 4 in the West Australian supreme court – four days before the second anniversary of the plane’s mysterious disappearance and just before the statute of limitations was reached. Read more

Six skiers killed in Italian Alps avalanche

An avalanche has struck high in the Italian Alps, killing six skiers as others looked on in horror as a swathe of snow hundreds of metres wide cascaded down.

Helicopters ferried both the survivors and the bodies back to the valley floor from the avalanche site, located just hundreds of metres shy of Monte Nevoso’s 3,358-metre peak. The mountain is not far from the Austrian border in Italy’s Alto Adige region. Read more




We think you'd love these too...

Related posts

Leave a Reply

Your email address will not be published. Required fields are marked *