Sabinews Morning News Update for March 9, 2016
Troops repel fresh Boko Haram attack in Borno
Troops of 26 and 28 Task Force Brigades repelled an early morning daring attack by fleeing Boko Haram terrorists on military locations at Pulka and Bitta in the fringes of Sambisa forest.
This was disclosed by Colonel Sani Kukasheka Usman, Acting Director Army Public Relations in a press statement on Tuesday. Read more
Fulani Herdsmen in Another Bloody Attack in Benue
In an early morning attack on four villages in Logo Local Government Area of Benue State, suspected Fulani herdsmen on Tuesday killed eight residents in Ngorukgan, Tse Chia, Deghkia and Nhumbe.
According to a source, the headsmen, in a guerilla fashion like military maneuver, attacked residents of the village at dawn, hacking down any body insight. Read more
EFCC arrests Oronsaye for 419, to be charged afresh
The Economic and Financial Crimes Commission, EFCC, yesterday, took into custody, a former Head of the Civil Service of the Federation, Mr Steve Oronsaye, over allegation of corruption and obtaining money by false pretence.
Oronsaye, who is already being prosecuted by the EFCC on 24 counts of money laundering before a Federal High Court, Abuja, is alleged to have abused his position as Chairman of the Presidential Committee on Financial Action Task Force and obtained the sum of N240 million from the Central Bank of Nigeria under the guise of assistance to the committee without the knowledge of other committee members and proceeded to convert the said sum to personal use. Read more
IPOB ask Justice John Tsoho to resign, urge NJC to discipline him
The Indigenous People of Biafra, IPOB has asked Justice John Tsoho, the Judge handling their leader and Radio Biafra Director Mr. Nnamdi Kanu’s case to resign, just as it has asked the National Judicial Council, NJC to force him to resign an discipline him to stop alleged ridiculing the Nigerian legal system by quoting unrelated Ivorian law, a Francophone country practicing a different legal system which does not apply in Nigeria.
IPOB United Kingdom branch after its monthly meeting in a statement signed by its spokespersons Emma Mmezu and Dr Clifford Iroanya, said the Judge in justifying his alleged dramatic u-turn on his previous ruling, before he allegedly “subjected himself to the whims and caprices of the All Progressives Congress, APC, led government of President Muhammadu Buhari, and now appear to be under pressure by the government, ruled that witnesses should be hidden from the court. Read more
PDP deletes Obasanjo’s name, 30 others from BoT
The Peoples Democratic Party has deleted the name of former President Olusegun Obasanjo from the list of its Board of Trustees members.
Obasanjo topped the list of 31 names removed from the board during the PDP’s meeting at the party’s national headquarters in Abuja on Monday. Read more
Fear Grips NSC as Yakmut is Redeployed to Niger Delta Ministry
Graveyard silence ruled the National Sports Commission (NSC) on Tuesday as workers tethered on the edge following the redeployment of the Director General Alhassan Yakmut.
Yakmut who assumed duty as the NSC DG last year following the removal of Gbenga Elegbeleye has been asked to report at the Niger Delta Ministry as Director General (Special Services). Read more
World Bank Boosts Girl Child Education With N19.9trn Grants In Five States
Girl child education in the northern part of Nigeria remains the worst in the history of the country’s education landscape.
In Nigeria, many children do not attend school because their labour is needed to either help at home or to bring additional income into the family. Read more
Aregbesola creates 36 new councils in Osun
The Osun State Governor, Mr. Rauf Aregbesola, on Tuesday, announced the creation of additional 36 local council development areas to the existing 30 local government areas in the state.
The governor, who announced this in a broadcast to the people of the state, said the new councils would not create additional financial burden to the system but would serve as avenues to generate funds. Read more
NHRC ends probe of Army/Shi’ites clash
The National Human Rights Commission has ended its probe of the bloody clash between soldiers in the convoy of the Chief of Army Staff, Lt.-Gen. Tukur Buratai, and members of the Islamic Movement in Nigeria, otherwise known as Shi’ite sect, in Zaria, on December 13, 2015.
Though the Army had stated in its petition to the NHRC that only seven members of the sect died in the clash, reports said the Shi’ites died in their scores. Read more
Ambode vows to end domestic violence
Governor Akinwunmi Ambode of Lagos State says his administration will leave nothing to chance in ensuring that domestic violence against women and children are halted in the state.
The governor, who spoke on Tuesday at the celebration of the International Women’s Day at the Police College, Ikeja, added that the government had put measures in place to ensure that women and children were protected from sexual harassment and domestic assault. Read more
Man, 70, leads robbery gang in Kano
The Kano State Police Command has apprehended 11 robbery suspects including a 70-year-old man, said to be a terror in the metropolis of Kano.
The Police Public Relations Officer, DSP Magaji Majia, disclosed this to newsmen on Tuesday in Kano. Read more
INEC Approves 44 Groups to Observe FCT Elections
The Independent National Electoral Commission (INEC) has approved 44 observer groups to participate in the Federal Capital Territory (FCT) area council elections scheduled for March 19, 2016.
The approval came after the assessment of the initial applications submitted by the groups as contained in the completed Form EPMC 01. Read more
Rivers: Bread Scarcity Imminent as Bakers Begin Strike
Fears of bread scarcity has heightened in Rivers State as bakers in the state have embarked on a one-week warning strike to government attention to the increasing cost of baking materials.
The bakers, under the aegis of the Association of Master Bakers and Caterers of Nigeria, Rivers State chapter, have also called on the federal government to intervene in the high cost of materials used for baking, occasioned by the continued rise of the dollar. Read more
Buhari: MTN Fuelled Boko Haram Insurgency
Speaking publicly for the first time yesterday since the fine on MTN Communications Nigeria Limited was imposed last October, President Muhammadu Buhari blamed the tardiness of the telecoms giant in complying with the directive by the Nigerian Communications Commission (NCC) on the registration of all subscribers on its network for aiding Boko Haram in carrying out its attacks which have led to the death of about 10,000 Nigerians. Read more
Nigeria, Switzerland Sign Pact Over Fresh $321m Abacha Loot
The Federal Government has welcomed an offer of the Swiss government to return $321m stolen funds from Nigeria under the Abacha government, and is now developing a framework that will aid the repatriation of the funds stashed abroad.
Vice President, Prof. Yemi Osinbajo, SAN, made this disclosure yesterday at the Presidential Villa, Abuja during a meeting with a Swiss delegation led by the country’s federal councillor and head of its foreign affairs department, Mr Didier Burkhalter and the Swiss Ambassador to Nigeria, Mr Eric Mayoruz. Read more
Ese Oruru pregnant for me, says Yunusa
Yunusa Dahiru, the alleged abductor of the 14-year-old Ese Rita Oruru, was yesterday arraigned before a Federal High Court sitting in Yenagoa, Bayelsa State on five-count charge of abduction, kidnapping, unlawful carnal knowledge and sexual exploitation.
The accused person, who appeared in court in a relaxed mood, was arraigned before Justice H.A. Nganjiwa around 10:00 a.m. yesterday, in a case between the Inspector General of Police (IGP) versus Yinusa Dahiru ‘M’ aged 18 years. Read more
Unbundling of NNPC is illegal —Reps
The House of Representatives has opposed the plan by the Federal Government to break the Nigerian National Petroleum Corporation into 30 independent companies.
The opposition came just days after the Minister of State for Petroleum Resources and Group Managing Director of the NNPC, Dr. Ibe Kachukwu, made the plan public. Read more
Foreign portfolio investments in stock market declines
FOREIGN Portfolio Investment, FPIs, into the Nigeria Stock Exchange, NSE, recorded a decline to N43.37 billion in January 2016, against N51.35 billion in the previous month and N99.11 billion in the corresponding month of 2015.
Though the decline was attributed to the major foreign exchange crisis the economy was facing, the data from the NSE also indicated that foreign investors’ dominated transactions during the period, accounting for 51.57 per cent of the total transaction value. Read more
FG, states to hold retreat on alternative to devaluation
The Federal Government and 36 states governors will soon hold a retreat to consider alternatives to devaluation of the naira. Meanwhile, Governor Nasir el-Rufai of Kaduna State and his ogun State counterpart, Ibikunle Amosun, have supported the decision of the Federal Government against further devaluation of the naira. Read more
Nigeria’s GDP Slows to 2.11% in Fourth Quarter as Oil Sector Contracts
Nigeria’s real Gross Domestic Product (GDP) growth rate declined to 2.11 per cent in the fourth quarter of last year compared to 2.84 per cent in the third quarter, according to the National Bureau of Statistics (NBS).
Nigeria’s economy grew at 3.86 per cent and 2.35 per cent in the first and second quarters of 2015. Read more
Dangote Group Controls 43% of Nigerian Stock Market
Africa’s richest man and President, Dangote Group, Alhaji Aliko Dangote, controls 43 per cent of the Nigerian stock market, THISDAY checks revealed on Monday. Dangote, Mike Adenuga Jr, Femi Otedola, Folorunsho Alakija, and Abdulsamad Rabiu recently made the list of Forbes 2016 world’s billionaires.
Dangote owns the Dangote Group, which has interests in cement, sugar and flour businesses. He operates in Nigeria and some African countries, including Benin, Cameroon, Ghana, South Africa, Togo, Tanzania, and Zambia. Forbes valued Dangote at $15.4billion. Read more
Oil and Gas
Brent hits 3-month high on hopes for producer price support
Oil prices rose one per cent on Tuesday with benchmark Brent prices hitting a three-month high on hopes for a coordinated approach by major producers to support prices. Brent crude futures were trading at 41.43 dollars a barrel, their highest since Dec. 9, up 59 cents on the day.
On Monday, the contract had climbed by 5.5 per cent in intra-day trading and it has now gained more than 50 per cent since its 2016 low on Jan. 20. U.S. West Texas Intermediate (WTI) futures were up 38 cents at 38.28 dollars a barrel. Read more
Nigeria To End Petrol Imports In 18 Months – Kachikwu
The minister of state for petroleum resources, Dr Ibe Kachikwu, has disclosed the federal government’s plans to end the importation of petrol within the next 18 months.
Disclosing this in Abuja at a press briefing yesterday while unveiling a strategic policy direction for the oil and gas sector, Kachikwu explained that government was targeting 12 to 18 months period to end petrol imports, working in collaboration with Joint Venture (JV) partners. Read more
Power firms groan as forex crisis hits hard on investments
The lingering exchange rate parity may have hit hard on the power sector investors, as indications emerged that some projects are currently in the trap while the operators adopt austerity measures as survival strategy.
Specifically, The Guardian gathered that sourcing of electrical equipment offshore Nigeria are now eating deep into the investors purse, with cost of purchasing materials soaring up by about N100 per cent. Read more
Power Generation Ramps up to 4,166MW After System Disturbance
Power generation ramped up to 4,166 megawatts on Tuesday after a near system collapse almost plunged the country into darkness on the previous day, an incident, which could have led to the first system collapse this year, according to a data from the National Control Centre (NCC), Osogbo, Osun State.
However, this generation figure was still below the 5,074 megawatts recorded on February 2 because apart of the transmission constraints, THISDAY gathered that many units of the major gas-fired and hydro power stations are out either due to gas constraints or equipment failure. Read more
South Africa To Help Nigeria In Electricity Generation – Zuma
South African President, Jacob Zuma has pledged that his government willingness to help Nigeria in the generation of electricity even as he declared that it can also assist in the exploration of solid minerals.
Zuma, who made the pledge while addressing to a joint session of the Nigerian National Assembly in company of President Muhammadu Buhari yesterday, said there is potential for greater business to business engagements between the two countries. Read more
My Eagles Can Re-enact October ’77 Feat, Says Siasia
As Super Eagles begin the final preparations for the two-legged clashes against Egypt, caretaker coach, Samson Siasia, has opined that discipline, strong mentality, self-belief and support of Nigerians can steer the Eagles to heights attained by their predecessors, who overpowered the Pharaohs 4-0 in a FIFA World Cup qualifier in Lagos in 1977.
All the 19 expected home boys were in camp yesterday afternoon after the trio of Segun Oduduwa, Usman Mohammed and Stanley Dimgba were on Monday barred from the team’s Bolton White Apartments for reporting late. Read more
FIFA agent backs Siasia
FIFA agent, Jorge Marcelo Houseman, yesterday backed the Super Eagles Chief Coach Samson Siasia to qualify Nigeria for AFCON 2017 qualifier, describing him as a super coach. Houseman who is also, a director representing athletes from across the world, told newsmen in Owerri, the Imo State capital that Siasia having worked with the national team over the years, over the years, has the capability to bring glory to Nigeria having done that before with U-20 national team. However, he urged Nigeria Football Federation and other sporting bodies to fully support Siasia by investing in Super Eagles and other cadres of sports. He noted that Nigeria has abundance talents but needs to develop such talents to become great. Read more
Moyes, Rooney, Drogba, others for Yobo Testimonial
Former Everton and Manchester United Manager, David Moyes, England and Manchester United captain, Wayne Rooney, and ex-Elephants of Cote d’Ivoire captain, Didier Drogba, are some of the personalities expected to be in Nigeria to honour former Super Eagles captain Joseph Yobo at his testimonial billed for the Adokiye Amiesimaka Stadium, Port Harcourt, Rivers State on May 27. Yobo, who quit international football in 2014, told National Mirror at a world press conference to announce the testimonial, that the listed players were among the many expected to honour him at the event. Read more
As ISIL rises in Libya, U.S. ponders airstrikes
The Pentagon has presented the White House with the most detailed set of military options yet for attacking the growing threat in Libya of the Islamic State in Iraq and the Levant, including a range of potential airstrikes against training camps, command centers, munitions depots and other militant targets.
Airstrikes against as many as 30 to 40 targets in four areas of the country would aim to deal a crippling blow to ISIL’s most dangerous affiliate outside of Iraq and Syria, and open the way for Western-backed Libyan militias to battle ISIL fighters on the ground. Allied bombers would carry out additional airstrikes to support the militias on the ground. The military option was described by five U.S. officials who have been briefed on the plans and spoke about them on the condition of anonymity. Read more
Sudan’s monthly inflation rate inches upward in February
The Central Bureau of Statistics (CBoS) in Sudan Tuesday announced that the monthly inflation rate has slightly increased to reach 12, 94% in February compared to 12, 44% in January due to an increase in the consumer goods prices.
According to the CBoS’s monthly bulletin, the price change rate of goods and services in urban areas has registered 14, 73% in February compared to 13,79 in January while in rural areas it has registered 11,44% in February compared to 11,37% in January. Read more
Tunisia security forces launch deadly raids after attack near Libya border
Tunisia’s interior ministry says security forces have killed five “terrorists” in an operation near the Libyan border. It comes a day after a deadly raid launched by militants on the town of Ben Guerdane was thwarted.
A statement released by the ministry late Tuesday said weapons had been seized during an operation conducted that day near the border with Libya. Read more
Egypt lifts FX transaction caps for individuals
Egypt’s central bank removed caps on Tuesday on how much individuals can withdraw or deposit in foreign currencies at banks, a move aimed at boosting liquidity in a market that has been starved of dollars.
Egypt, which relies heavily on imports, has been wrestling with a currency crisis and struggling to revive its economy since a 2011 uprising drove away foreign investors and tourists, both major sources of hard currency. Read more
U.S. says in talks to base long-range bombers in Australia
The United States is in talks to base long-range bombers in Australia, U.S. defence officials said, within striking distance of the disputed South China Sea, a move that could inflame tensions with China.
The deployments could include B-1 bombers and an expansion of B-52 bomber missions, said Lt. Col. Damien Pickart, a spokesman for the U.S. Air Force in the Pacific, stressing that discussions were continuing and no decisions had yet been reached. Read more
Man jailed for selling 18-day-old daughter online ‘to buy iPhone’
A Chinese man has been jailed for three years after selling his 18-day-old baby daughter online so he could buy an iPhone.
The man, known only as “A Duan”, from Tong’an, Fujian province, south eastern China, found a buyer for his infant daughter on the social media site QQ, who paid £2,500 (23,000 Yuan) for the baby, according to the People’s Daily Online. Read more
Taiwan sees increasing militarisation in South China Sea
In rare public comment on territorial disputes in the South China Sea, Taiwan’s defence ministry warned on Wednesday that countries in the region were spending more on bolstering their military strength as tension in the area increased.
Taiwan’s claim to the South China Sea reflects that of mainland China, with both staking their territorial assertions on maps Chinese Nationalists drew up when they ruled the country before fleeing to Taiwan in 1949. Read more
Legionnaires’ disease outbreak in Sydney sparks health fears
NSW Health is urging anyone who has visited the Town Hall area in the Sydney CBD and has symptoms such as fever, chills, a cough and shortness of breath to see their doctor after an outbreak of legionnaires’ disease.
Four men are in hospital with the disease, which is thought to have been contracted from air-conditioning systems in central Sydney. Read more
Solar eclipse sweeps across Indonesia and the Pacific
A solar eclipse enthralled people across Indonesia and the Pacific but clouds over some parts of archipelago spoiled the view for many of the skywatchers who had the opportunity to see it in totality.
There were cheers from crowds gathered on Micronesia in the western Pacific ocean as they witnessed the total eclipse. Read more
Slovenia and Croatia ban the transit of refugees
Slovenia and neighbouring Croatia will from Wednesday refuse allow the transit of most refugees through their territory in a bid to seal off the Balkan route used by hundreds of thousands of people seeking a new life in Europe.
The move could set off a domino effect among Balkan states, with Serbia indicating it would follow Ljubljana’s lead and Macedonia apparently set to so the same. Read more
Kim Jong-un says North Korea has miniaturised nuclear warheads
North Korean leader Kim Jong-un says his scientists have successfully miniaturised thermo-nuclear warheads to place on a ballistic missile and create a “true” deterrent, state media said on Wednesday.
While Pyongyang has boasted of mastering miniaturisation before, this is the first time Kim has so explicitly claimed a breakthrough that experts see as a game-changing step for the North’s nuclear capabilities. Read more