*Tinubu blasts Kachikwu* *NNPC Extends Crude Oil Swap to April*

*Tinubu blasts Kachikwu* *NNPC Extends Crude Oil Swap to April*

Sabinews Morning News Update for March 27, 2016


Tinubu blasts Kachikwu

The National Leader of the All Progressives Congress (APC) and former Lagos State Governor, Asiwaju Bola Ahmed Tinubu, has condemned comments by the Minister of State for Petroleum, Dr. Ibe Kachikwu “that he (Kachikwu) was not trained as a magician and that basically Nigerians should count themselves fortunate that the NNPC under his stewardship has been able to bring in the amount of petrol fuel it is currently doing. Read more

NNPC Extends Crude Oil Swap to April

The Nigerian National Petroleum Corporation (NNPC) has again shifted the timeline for the planned commencement of its new crude oil trading and products sourcing arrangement, the Direct-Sale-Direct-Purchase (DSDP), to April.

The DSDP is expected to replace the crude oil for product swap programme, which its terms had earlier been pronounced to be corrupt. Read more

Enugu hunts for ghost workers, pensioners

Enugu State Government has initiated moves to fish out ghost workers and pensioners on its payroll.

All workers and pensioners in the state are to submit themselves for a biometric data capture exercise. Read more

Groups protest for and against Saraki’s trial

The ongoing trial of the Senate President, Senator Bukola Saraki, at the Code of Conduct Tribunal (CCT) continued to attract negative and positive reactions in his home state and within his party, the All Progressives Congress (APC).

In Ilorin, scores of youths took to the street to protest his trial, believing that the tribunal has not treated the Senator fairly. Read more

FG Raises the Alarm on Rising Tuberculosis-related Deaths

The federal government has disclosed that there is a distressing rise in cases of undetected and undiagnosed tuberculosis in Nigeria, saying that this development puts lots of Nigerians at the risk of the disease.

The government said this just as Star Deepwater Petroleum Limited and its venture partners in the Agbami field project reiterated their commitment to partnering it and state governments to tackle the scourge of tuberculosis and other health issues in the country. Read more

Police Corporal Shot Dead by Unknown Gunmen in Lagos

The Lagos State Police Command has said one of its men attached to Mopol 23 was shot dead by unknown gunmen in Satellite Town area of the state on Good Friday.

The spokesperson for the command, SP Dolapo Badmos, who confirmed the development to the News Agency of Nigeria (NAN), gave the name of the deceased simply as Corporal Babatunde Badmos said the anti-riot policeman was shot dead by two gunmen on a motorcycle walking along the road. Read more

Govt urged to check proliferation of security uniform

The Comptroller, Nigeria Immigration Service, Rivers State Command, Ishaka Abdulmumuni Haliru, has called on government to provide measures to check proliferation of Immigration uniform. The Comptroller made this call when he reacted to the alleged death of an immigration officer during the State and National Assembly re-run elections in the state.

Haliru confirmed that the victim was mistaken for immigration personnel due to his uniform, stressing that he was rather a staff of a private security agency known as ‘Peace Corp’ operating in the state. Read more

FG unveils plan to promote Nigerian cuisine abroad

The Federal Government has unveiled plans to generate more revenue for the country by promoting patronage of Nigerian cuisine and menus in foreign countries.

The plan is part of the Nigeria Diaspora Export Programme, which was developed by the Nigerian Export Promotion Council. Read more

EFCC to summon ex-AGF over fresh NSA contracts

There are strong indications that the Economic and Financial Crimes Commission will as from this week start inviting individuals and firms that were indicted over a fresh contract scam in the office of the National Security Adviser.

Investigations on Saturday showed that the commission on resumption of work on Tuesday would start sending invitations to those concerned in batches and that they would be required to appear before the commission beginning from April 4. Read more

‘Indigenous shipping can generate 100,000 jobs’

The Chief Executive Officer, Ships and Ports Communication, Mr. Bolaji Akinola, has called on the Nigerian Maritime Administration and Safety Agency to reposition indigenous shipping in Nigeria in order to generate jobs.

He made this call in an interview with our correspondent, stressing that the indigenous shipping had the capacity to generate 100,000 jobs within one year. Read more

In Tackling Inflation, MPC Aligns with Conventional Economic Logic

Confronted with a double-digit inflation, coupled with retarding economic growth and volatility in the forex market, the Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC) met last week following which the apex bank announced the tightening of its monetary policy. In this report, Kunle Aderinokun and Olaseni Durojaiye present analysts’ views on the outcome of the meeting

In a bid to respond to the rising inflation and retarding growth, as well as tackle the volatility in the forex market, the Monetary Policy Committee of the Central Bank of Nigeria (CBN) rose from its two –day meeting and decided to tighten monetary stance. Read more

I didn’t make N280m from forex deal – Buhari’s spokesperson

The Peoples Democratic Party on Saturday alleged that the Senior Special Assistant to President Muhammadu Buhari on Media and Publicity, Garba Shehu, made a total of N280m dealing in forex.

On its Twitter handle, @PdpNigeria, the party stated that Shehu was assisted in the deal by the Central Bank of Nigeria Governor, Godwin Emefiele. Read more

Make PIB Immediate Priority, FG Urged

The Civil Society legislative Advocacy Centre (CISLAC) has urged the National Assembly and the Executive arm of Government to make the Petroleum Industry Governance and Institutional Framework Bill (PIB) 2015 the next major legislation that enjoys consolidated attention for quick passage.

CISLAC, in a release issued by its Executive Director, Auwal Ibrahim Musa (Rafsanjani) recalled that it was reported in the media in December, 2015 that the Federal Executive Council approved a draft of the Bill with a commitment to send it to the National Assembly in the first quarter of 2016. Read more

Power generation drops further to 2,035.20MW

Despite getting 66.53 per cent of the total amount of domestic gas supply for one year, Nigeria’s electricity generation has remained low.

Figures obtained on Friday (5.21pm) by our correspondent from the country’s power System Operator indicated that electricity generation had dropped further to 2,035.20MW. Read more

Nigeria to Send Delegation to Cameroon to Verify Arrested Suicide Bomber’s Claim

The Federal Government is making plans to send two members of the Chibok community to neighbouring Cameroon, in order to verify whether a female suicide bomber arrested in Cameroon is one of the missing schoolgirls abducted in Chibok almost two years ago.

A statement on Saturday by Garba Shehu, Senior Special Assistant on Media and Publicity to President Muhammadu Buhari, said that the Minister of Women Affairs, Senator Aisha Alhassan, and the Nigerian High Commissioner in Cameroon, Ambassador Hadiza Zakari Mustapha, had already swung into action and were receiving a lot of cooperation from the Cameroonian authorities. Read more

Adepoju expresses satisfaction over S’Eagles performance

Former Super Eagles midfielder, Mutiu Adepoju, has expressed satisfaction over Eagles performance against the Pharaohs of Egypt in Friday’s AFCON qualifier that ended in a disappointing draw played at the Ahmadu Bello Stadium, Kaduna.

The Eagles had given the nation hope with a goal scored by Oghenekaro Etebo in the 59th minute, which was cancelled in a stoppage time by AS Roma striker, Mohammed Salah, thereby making the task of a qualification for the AFCON, scheduled for Gabon next year a difficult one. Read more

AFCON 2017: Egypt Beatable in Alexandria, Ighalo Boasts

Watford striker Odion Ighalo has said he believes Nigeria could still get the victory they desperately need against Egypt on Tuesday to stay on course for next year’s AFCON in Gabon. Nigeria failed to beat visiting Egypt in Friday’s must-win match in Kaduna and now travel to Alexandria on Tuesday for the reverse fixture against the seven-time African champions.

The Super Eagles thus remain two points behind group leaders Egypt after three rounds of matches in the qualifying tournament with only the overall group winners assured automatic qualification to Gabon 2017. Read more

World News

Kenya’s President credited to bring Israel’s Netanyahu to East Africa for Entebbe Raid memorials

The recent State Visit by Kenya’s President Uhuru Kenyatta to Israel is thought to have been instrumental to get Prime Minister Benjamin Netanyahu’s assurance that he will visit East Africa for the 40th anniversary of the so called Entebbe Raid on the 04th of July 1976.

Those were dark days in Uganda, when Dictator Idi Amin Dada, aka the Butcher of Uganda, sided openly with terrorists who had flown a hijacked Air France aircraft to Entebbe airport, where they thought they were safe from repercussions. Read more

Egypt pumps $22 billion to clear goods piled at ports

Egypt’s Central Bank Governor Tarek Amer said that devaluing the Egyptian pound had attracted foreign investment worth $500 million in treasury bills and that he had pumped $22 billion into the banking system to clear goods piled at ports.

Speaking in a pre-recorded interview aired on a local talk show late on Saturday, Amer also said: “There is no currency crisis, there is merely a crisis in managing the foreign exchange market, and we will roll out an alternative plan for managing the market in the next three months.” Read more

Hugh Jackman rescues swimmer and son from rip at Sydney’s Bondi beach

Hugh Jackman had some personal drama at Sydney’s Bondi beach when he and his son Oscar got caught in a rip.

The Nine Network showed video of the Australian actor bringing another swimmer to shore on Saturday before he had to help 15-year-old Oscar from the waves. Read more

Donald Trump says Japan and South Korea could have their own nuclear weapons

Donald Trump has said he is open to the idea of both Japan and South Korea developing their own nuclear deterrents and would like to withdraw US troops from their soil.

In perhaps his most detailed explanation yet about his foreign policy plans if he were to be elected president, Mr Trump told a US newspaper that allowing the two countries to do this would reduce pressure on the US to come to their defence every time North Korea acted aggressively. He also said he would consider stopping oil purchases from Saudi Arabia unless the Saudi government provided troops to fight Isis. Read more

Bernie Sanders claims ‘landslide wins’ in Washington and Alaska

Smiling and grinning, Bernie Sanders has claimed two big wins as he pushed on with his attempt to make up ground on his Democratic rival Hillary Clinton in the battle to become the party’s presidential nominee.

With most of the vote counted, CNN on Saturday evening projected that Mr Sanders had won the states of Washington and Alaska, adding to his delegate haul. Mr Sanders was leading on 71 per cent in Washington state while Ms Clinton was on 28 per cent. Read more

Brussels death toll likely to rise as three face terror charges

The death toll from the Brussels terror attacks will probably rise, authorities have warned, as Belgian prosecutors charged three men with terror offences over the suicide bombings at the capital’s airport and Metro.

Twenty-four of the 31 people killed in the Tuesday’s attacks have been identified and a doctor who served in Afghanistan said he and his colleagues were shocked by the extreme burns suffered by some of the 270 people wounded. Read more

Three charged with terror offences following Brussels attacks

Three men have been charged with terrorist offences linked to attacks on the Brussels airport and subway.

Federal prosecutors have charged a man identified as Faycal C for “involvement in a terrorist group, terrorist murder and attempted terrorist murder” following the attacks in the Belgian capital, which killed 31 people and injured another 270. Read more

Robert De Niro pulls anti-vaccination film from Tribeca festival

Robert De Niro has axed the anti-vaccination documentary Vaxxed from the line-up of his Tribeca Film Festival, after initially defending its inclusion.

Vaxxed: From Cover-up To Conspiracy, was due to be part of the New York film festival when it opened next month. Read more




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