Sabinews Morning News Update for March 17, 2016
NASS Passes 2016 Budget Tuesday
The Senate is set to pass the 2016 budget on Tuesday, March 22, 2016, Senate leader, Ali Ndume, disclosed yesterday.
Besides, the Joint Appropriations Committee of the Senate and the House of Representatives will lay their report on the estimates of the money Bill as reworked today before plenaries of both chambers, a member of the Committee in the Senate, Suleiman Nazif (APC, Bauchi North) said yesterday. Read more
Fulani herdsmen kill 2, sack 25 villages in Benue
Despite the outcry that trailed the killings and sacking of Agatu communities by suspected Fulani militia, the marauders have, again, laid siege to Logo Local Government Area of the state, killing two and sacking over 25 villages. Fulani-herdsman The attackers also rendered close to 3,000 homeless after several houses and huts were razed in the affected villages. Read more
Tension Reaches Fever Pitch Ahead of Rivers Rerun Polls
With two days to go to the federal and state assemblies rerun elections holding in Rivers State, tension has reached fever pitch and palpable fear has enveloped the state as the candidates of the Peoples Democratic Party (PDP) led by Governor Nyesom Wike and the All Progressives Congress (APC) led by the Minister of Transportation, Mr. Chibuike Amaechi, prepare to do battle for the soul of Rivers State.
The war of attrition between Wike and Ameachi, which started under the Goodluck Jonathan administration for the control of the oil-rich state, has led to bloodshed and the loss of many lives, with both sides accusing each other of sponsoring the violence and mayhem that has turned the once-peaceful Rivers State into a political war zone. Read more
Panic in Kaduna as El-Rufai moves to implement ‘demolition law’
After demolishing large swaths of targeted areas in Zaria and Kaduna towns, with much more marked for further removal, many residents of Kaduna town are on edge, with the passage into law last week of an executive bill that legalises the pulling down of structures in Kaduna deemed to stand against the city’s envisaged Master Plan. Gov. Nasir-El-Rufai It is not clear when the new Kaduna Master Plan will come into being but Kaduna, being a colonial town, already has a Master Plan. Read more
Buhari Condemns Attack as Suicide Bombers Kill 22 in Borno Mosque
President Muhammadu Buhari Wednesday condemned the suicide terrorist attack on a mosque in Umarari village, near Maiduguri, Borno State, saying that the attack on worshippers had shown that Boko Haram insurgents are not Muslims but criminals.
His condemnation came after the Nigerian Army confirmed the death of 22 people in the latest suicide attacks near Maiduguri by two female carriers suspected to be linked to the Boko Haram sect. Read more
Science students accuse UNILAG of exploitation
Aggrieved students of the Faculty of Science, University of Lagos, have accused the institution of denying them the right to study their preferred courses in order to admit diploma students, who allegedly paid higher tuition.
The students, who were admitted to study dentistry, nursing, pharmacology and medicine, have been asked to study courses such as botany and microbiology. Read more
Truck kills 10 passengers on Lagos- Ibadan Expressway
No fewer than 10 persons were crushed to death on the Lagos-Ibadan Expressway on Wednesday after an 18-seater Mazda bus collided with a truck opposite the Four Square camp, in the Ajebo area of Ogun State.
It was gathered that the accident, which occurred at about 2pm, immediately attracted a crowd of sympatisers, who rushed to the scene to assist security agents in taking the victims to nearest hospitals. Read more
Election Violence: Police Declare Rivers LG Boss Wanted
The Force Headquarters has declared the chairman, caretaker committee of Asari-Toru local government area of Rivers State, Ambassador Soboma Jackrich, popularly known as ‘Egberi Papa’ wanted for alleged involvement in recent killings in the state.
This is as it said it would deploy helicopters where necessary to ensure a peaceful National and State Assembly rerun elections in the state on Saturday, with a promise to come hard on any one planning to cause crisis during the exercise. Read more
Ocholi’s death threatens review of NDE law
The demise of the Minister of State for Labour and Employment, James Ocholi may threaten the review of the law setting up the National Directorate of Employment (NDE), its Acting Director General, Kunle Obayan has said.
Speaking on the vacuum the death of the minister has created in the ministry, Obayan explained that the late Minister led the team that was working on the revision of the law in order to make its operations more relevant to the present employment reality in the country as well as aligning it with the change mantra of the present govern. Read more
Lone Nigerian Victim Identified in Ivorian Attack
A 25-year-old Nigerian, Adekunle Sikiru, from Ejigbo Local Government Area of Osun State has been identified as the only casualty Nigeria might have recorded in the last Sunday terrorists attack in Grand Bassam, a beach town in Ivory Coast.
Speaking exclusively to THISDAY at her office in Abidjan, the capital city, Nigeria’s Ambassador to the country, Mrs. Ifeoma Akabogu-Chinwuba, who hinted at the development, also said with the recent attacks in neighbouring countries, they knew an attack would be launched on the country too, more so that the French intelligence had earlier issued a warning to the country and Dakar over imminent threat of attacks. Read more
We owe Federation Account N326bn, not N3.23tn —NNPC
The Nigerian National Petroleum Corporation on Wednesday said it did not fail to remit N3.325tn to the Federation Account but admitted that it owed the government N326.14bn, which was still being reconciled.
In a response to the revelation of the Auditor-General of the Federation to the National Assembly on Monday that the NNPC failed to remit the sum of N3.235tn to the Federation Account for the period ended December 31, 2014, the firm stated that the AGF was incorrect. Read more
Bad loans raise AMCON’s liabilities to N6.6tn
The liabilities of the Asset Management Corporation of Nigeria have jumped to N6.6tn, the House of Representatives was told on Wednesday.
An ad hoc committee of the House heard that the liabilities rose after AMCON bought banks’ bad loans worth N3.3tn and paid N1.7tn for the loans. Read more
Fed Govt to create 3 million jobs, says VP
The Vice President, Prof Yemi Osinbajo yesterday said the Federal Government is planning to create about three million jobs in the next three years.
The three-year job plan, he said, is expected to come from the technology, wholesale and retail, construction and agro-allied sectors of the economy, while the 700,000 jobs which would be private sector driven, would come from the agro-allied sector. Read more
CIBN harps on entrepreneurship
The Lagos branch of the Chartered Institute of Bankers of Nigeria has called on its members to boost their earning capabilities by adopting other entrepreneurial skills.
Specifically, a speaker during the branch’s meeting urged members to diversify their source of income by embracing other money spinning skills. Read more
Revenue from non-oil exports down by 58% to $4.3bn — CBN
The Central Bank of Nigeria (CBN) has said that the revenue from non-oil exports fell sharply by 58 percent to $4.39 billion in 2015. Meanwhile, Zenith Bank has expressed its readiness to enhance revenue from non oil exports by assisting its clients with financing support needed export. Read more
Oil slump exposes weakness in African economies –Report
Falling prices of crude oil and other export commodities have exposed the weakness in Nigeria and other Africa countries’ economies.
The naira and other key African currencies are down following the slump in commodity prices, exposing the fundamental economic frailties of the world’s poorest continent, according to Reuters. Read more
Oil and Gas
OPEC, Non-OPEC Producers to Meet in Doha on April 17, Says Qatari Minister
As part of the collaborative efforts between the Organisation of Petroleum Exporting Countries (OPEC) and non-OPEC producing countries to freeze crude oil output in an attempt to prop up prices, the two groups will hold a meeting in Doha, Qatar on April 17.
Before this development, Saudi Arabia and several fellow OPEC members had agreed with non-OPEC Russia to freeze output at January levels in an attempt to prop up prices. Read more
NUPENG: Fuel Scarcity will Persist Without Forex
The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has asked the Nigerian National Petroleum Corporation (NNPC) and the Central Bank of Nigeria (CBN) to source foreign exchange for oil marketers to end the ongoing fuel scarcity.
Tokunbo Korodo, the South-west chairman of the union, stated this in an interview with the News Agency of Nigeria (NAN) in Lagos. Read more
Kaduna defends controversial preaching bill, PFN kicks
Worried by the dust raised by the proposed Religious Preaching Bill currently before the Kaduna State House of Assembly, the Kaduna State Government on Wednesday met with the leadership of the Christian Association of Nigeria in the state.
At the meeting held at the old chamber of the Sir Kashim Ibrahim House, the state Deputy Governor, Barnabas Bala, who represented Governor Nasir el-Rufai met with CAN, which was led by its state Chairman, Dr. George Dodo. Read more
Force Majeure on Nigeria’s Forcados lifts market
Supply outage from the Shell Petroleum Development Company Limited (SPDC) joint venture in the Forcados facility has positively affected the price of crude oil in the international market, it was learnt.
Shell declared force majeure on oil liftings from the Forcados export terminal in Delta State owing to a leaking pipe, which resulted in shut-in of about 400,000 barrels of oil per day. Read more
Power generation drops by 759MW in 24 hours
Power generation fell by 759.1 megawatts in the 24 hours to Wednesday on the back of losses recorded by Egbin, Afam VI and other generation plants.
Electricity generation had on Tuesday risen to 4,368.5MW from 3,548.7MW on Monday. But it dropped to 3,629.4MW on Wednesday, industry data obtained by our correspondent showed. Read more
FG targets 4,000MW from nuclear energy
The Federal Government is working towards generating 4,000 megawatts of electricity from nuclear energy.
The plan is to start a programme in the coming years that will give the country 1,000MW in the first instance, which will be increased to 4,000MW thereafter. Read more
House of Reps, Oliseh Parley to Hold after Easter Recess
Contrary to belief that the proposed parley between the House of Representatives Committee on Sports and Sunday Oliseh has been called off, a member of the committee, Hon. Damburam Abubakar Nuhu has said that the talk will actually take place when the House returns from Easter recess.
Oliseh and the Nigeria Football Federation (NFF) acrimoniously parted ways when the Super Eagles coach resigned last month, accusing his former employer of breach of trust. Read more
Akwa United beat Ikorodu
Akwa United Chairman Paul Bassey asked his players not to underrate their guests Ikorodu United in a rescheduled Premier League game. The players played accordingly and defeated the Lagos team 3-0 in the match played on Wednesday.
The win means that Akwa have maintained their unbeaten run this season at the Godswill Akpabio Stadium, in Uyo. It was the first time Akwa United coach, Maurice Cooreman, who managed Ikorodu last season in the lower division faced his former club. Ikorodu United and another Lagos team, MFM, are in their first season in the top flight division. Read more
Zimbabwe to get first IMF loan in nearly two decades
Zimbabwe expects a loan from the International Monetary Fund in the third quarter of this year, the first since 1999, the central bank governor said on Wednesday.
John Mangudya said the IMF would decide the exact amount of the loan to issue at a later date. Read more
PM assures no troops in Libya without coming to Parliament first
IF THE British Government had any plans to send conventional forces for training in Libya then “of course” it would come to Parliament and discuss it, the prime minister has said, after being questioned on the issue by the SNP.
SNP Westminster group leader Angus Robertson said the critics of UK policy on Libya “even include” US president Barack Obama. Read more
Kenya discovers oil shores in northern region
Kenya on Wednesday announced that it has discovered good oil shores in the Kerio Valley in northern Kenya.
Cabinet Secretary in the Ministry of Energy and Petroleum Charles Keter told journalists in Nairobi that oil exploration firm Tullow Oil discovered oil deposits while drilling at Cheptuket area. Read more
West Africa Press Freedom Organisations Gather in Accra
The leading Press freedom and media development organisations from 15 West African countries have gathered in Accra for a three-day conference and strategy meeting hosted by the Media Foundation for West Africa (MFWA).
The meeting commenced with a conference on media and participatory governance on March 15, 2016. The conference was opened by Ghana’s Minister for Communications, Dr. Edward Omane Boamah, with Mr. Cheriff Moumina Sy, a respected journalist and President of Burkina Faso’s erstwhile Transitional Parliament as the keynote speaker. Read more
Nissan Halts Egyptian Plant Expansion on Currency Access Snag
Nissan Motor Co.’s Egyptian unit has frozen a plant expansion project in Cairo because of a lack of access to foreign currency that prompted policy changes this week by the country’s central bank to help investors from abroad.
Nissan Motor Egypt, the second-biggest automaker in the country, has yet to determine when it can resume the expansion and add jobs, division Managing Director Isao Sekiguchi said in an interview in Cairo, without specifying how many vehicles the factory will make beyond saying it will add “significantly” to production. Read more
Morocco: U.N. Chief Angers Officials
An angry dispute between Morocco and Secretary General Ban Ki-moon of the United Nations spilled into the open on Wednesday over Mr. Ban’s recent description of the Western Sahara territory as an occupation. That term infuriated Moroccan leaders and led to demonstrations in Morocco last Sunday directed against Mr. Ban, who described them as disrespectful. Read more
Debt leaves Angola with little spare oil
Angola has found itself with a dwindling amount of crude to sell as more of its oil flows to China for debt repayment, leaving little revenue for anything from oil sector development to health care in one of Africa’s largest oil exporting nations.
Following a trend also seen in Iraq, Kazakhstan, Russia and Venezuela, Angola has tied up more of its output in pre-financed deals to bridge a drop in income due to the 70 per cent fall in oil prices in the past 18 months. Read more
Japan pioneers footprint scans to identify victims in natural disasters
Japanese crime experts have created a new method of identifying bodies – by checking the soles of the feet.
Their identification system involves using data taken from scanning the soles of the feet, which are marked with skin ridges as unique as fingerprints. Read more
Qatar: Jailed Poet Is Freed, U.N. Says
A Qatari poet imprisoned since 2011 over verses he wrote that apparently offended the government of the nation’s former ruler has received a royal pardon and been freed, the United Nations said on Wednesday. The poet, Muhammad ibn al-Dheeb al-Ajami, had been serving a 15-year sentence. The reason he was pardoned by Qatar’s ruler, Sheikh Tamim bin Hamad al-Thani, was not immediately clear. Read more
Bomb scare triggers evacuation of Air India flight in Bangkok
A BOMB scare caused the evacuation and search of an Air India flight at Bangkok’s Suvarnabhumi International Airport yesterday evening.
According to Air India’s Thailand manager Indranil Banerjee, an anonymous call received in India by the national carrier’s head warned of a explosive device on the plane, which was making its way from New Delhi to Bangkok. Read more
New North Korea sanctions issued by President Obama
US President Barack Obama has issued an executive order imposing new sanctions on North Korea, after its “illicit” nuclear test and satellite launch.
It freezes North Korean government property in America and bans US exports to, or investment in, North Korea. Read more
Australian journalist calls Malaysia arrest ‘a circus’
Australian journalist Linton Besser, who was detained by Malaysian police on Saturday after posing a thorny question to Prime Minister Najib Razak, has described the circumstances surrounding his arrest as “a circus”.
The tweeted comment came following Domestic Trade, Cooperatives and Consumerism Minister Hamzah Zainuddin’s remark that the detention was made to thwart kidnap attempts on Najib when brushing aside claims the government was curbing press freedom in the country. Read more
Uber sued by shooting suspect
A man who police say told investigators that “a devil figure” on Uber’s app was controlling him when he allegedly killed six people in western Michigan is suing the ride-sharing company.
In a handwritten complaint filed on Tuesday, Jason Dalton does not mention the shootings directly, but said: “I am currently in prison because of Uber.” Read more
Frank Sinatra Jr dies of cardiac arrest at 72
Frank Sinatra Jr, who carried on his famous father’s legacy with his own music career and whose kidnapping as a young man added a bizarre chapter to the family’s story, has died at the age of 72.
The younger Sinatra died unexpectedly of cardiac arrest while on tour in Daytona Beach, Florida, the Sinatra family said in a statement. Read more