Northern Governors Call for War on Boko Haram
A group of governors in the Boko Haram-hit northern Nigerian states has urged President Goodluck Jonathan to declare an all-out war against the Islamist group in the wake of the deadly school bombing which killed 48 students and injured several others.
The Northern State Governors’ Forum (NSGF) said unless the Jonathan-led federal government announces a total war to eliminate the militants, the insurgency cannot be tackled. Read more
Okorocha calls for devolution of power to states, LGs
Imo State Governor, Rochas Okorcha, has advocated for a systematic devolution of power in Nigeria, where the enormous power at the centre is delegated to the state and local government areas, to create room for sustainable economic development at the grassroots.
Okorocha stated this while addressing the board members of the Nigeria Media Merit Award and some media executives who called on him at Government House, Owerri. Read more
PDP Gives Nov. 14 As Deadline For Submission Of Nomination Forms
The PDP National Working Committee (NWC) has announced Nov. 14 as the last date for the return of expression of interest and nomination forms for primary elections by aspirants.
This is contained in a statement issued by Olisa Metuh, the party`s National Publicity Secretary, on Monday in Abuja.
The date, the statement said, was in line with the party`s reviewed timetable for its primaries ahead of the 2015 general elections.
According to it, the announcement followed series of enquiries by aspirants and party members across the country. Read more
CBN approves forex sale to Taraba pilgrims at N150/$
The Central Bank of Nigeria (CBN), on Monday announced the approval by the Federal Government for banks to sell foreign exchange at concessionary rate of N150 per U.S. Dollar for the purchase of Pilgrims Travelling Allowance (PTA) to 30 indigenes of Taraba State.
According to a circular with reference: TED/FEM/FPC/GEN/01/023, dated November 10, 2014 and signed by Director, Trade and Investment, Olakanmi Gbadamosi, Zenith Bank is to render the service to the 30 intending pilgrims from Taraba State travelling to Israel. Read more
Telecommunications Sector Contributed N7tn to GDP in 2013
The telecommunications sector in Nigeria contributed N6.97 trillion to the country’s Gross Domestic Product (GDP) in 2013.
The disclosure was made by the Executive vice chairman, Nigeria Communications Commission (NCC), Dr. Eugene Juwah, at the 2014 annual workshop for judges on legal issues in telecommunications, which commenced in Calabar yesterday. Read more
Nigeria Urged to Set Aside 30% of Federation Account for Industrial Development
To attain the much craved-for industrialisation of the country, the Federal Government has been told to set aside at least 30 per cent of the Federation Account for industrial development.
This was a major thrust of the communiqué issued at the weekend after a week-long World Engineering Conference on Sustainable Infrastructure (WECSI), held in Abuja, under the auspices of the Nigerian Society of Engineers (NSE). Read more
Oil and Gas
Oil extend losses on dim Opec cut prospects
Crude prices extended losses in Asia on Tuesday as the prospects of a production cut by the Organisation of the Petroleum Exporting Countries (Opec) oil cartel dimmed, despite a global supply glut, analysts said.
US benchmark West Texas Intermediate (WTI) for December delivery fell 11 cents to $77.29 while Brent crude for December eased 22c to $82.12 in mid-morning trade. Read more
Shell to abandon water exploration in Egypt
Shell Egypt Chairman Jeroen Regtien stated on Friday that “Shell will not apply to any tenders for research and exploration in areas other than the Western Desert”.
The Ministry of Petroleum recently granted approvals for gas research and exploration in three new wells in Shell’s concession area in the Western Desert. Regtien’s remarks came during the Shell Technology Leadership Conference focusing on energy conservation, held on Friday in Hurghada. Read more
Afren Targets First Oil in Okoro, Aje, Okwok Fields in 2015
United Kindom-listed Afren Plc has stated that it targets first oil from the Okoro Further Field Development, Aje and Okwok oilfields offshore Nigeria in 2015.
In its interim management statement and financial results for the nine months ended 30 September 2014 and an update on its operations year-to-date 2014, which was released recently in accordance with the reporting requirements of the EU Transparency Directive, the company said the Final Investment Decision sanctioned on Okoro Further Field Development and Aje would be sealed in the fourth quarter of 2014. Read more
US Ebola-Free As Patient Recovers From Virus
The only Ebola patient being treated in the United States has been cleared of the deadly virus.
Health officials say Craig Spencer, a New York City emergency room doctor, is scheduled to be released from the hospital following his recovery. Read more
Microsoft Drops Nokia Name With Newest Lumia Phone
Microsoft has unveiled a cheaper smartphone, costing about 110 euros ($135), as it eyes emerging and other low-cost markets for growth.
The new model is the first Lumia smartphone under Microsoft’s own brand name. The company has released a few Lumia models since it bought Nokia’s phone business this year, but those models still carried the Nokia brand. Read more
South Korea to end search for missing ferry passengers
South Korea has announced it will end underwater searches for the remaining missing people from the ferry that capsized in April.
The announcement came with a South Korean court set to issue verdicts on crew members charged with negligence and abandonment of passengers in the disaster. Read more
North Korea halts talks with EU over U.N. draft on international court referral
North Korea has halted talks with the main sponsor of a U.N. resolution urging the country’s referral to the International Criminal Court for crimes against humanity, following months of attempts to win over key supporters of the draft.
In a statement dated Oct. 30 and given to U.N. states, North Korea’s U.N. mission said it had suspended talks with the European Union on the resolution. Read more
G20 blanket ban on masks is not supported by security laws, expert says
Security laws do not support a blanket ban by police on people wearing masks while protesting the G20 meeting in Brisbane this week, according to the former Queensland solicitor general.
Barrister Walter Sofronoff, who was solicitor general from 2005 until he resigned in March, said it might be lawful to wear masks in the controlled area of the inner city in order “to make a political point”. Read more
Russia and North Korea sign agreement to deport illegal immigrants
Russia and North Korea have signed a new deportation agreement on illegal immigrants found to be living in either country.
The agreement, signed in September, states that anyone found to be without the correct documents will be detained, interviewed and, if they have entered illegally, deported within 30-days. The countries share a small land border on Russia’s far-east Primorsky region. Read more
US says cannot confirm status of Islamic State leader after strike
The United States cannot yet confirm whether the Islamic State commander, Abu Bakr al-Baghdadi, was killed or wounded in Iraq following an air strike near the city of Falluja, a White House spokesman said on Tuesday.
Deputy National Security Advisor for Strategic Communications Ben Rhodes was speaking on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit in Beijing. Read more
Ebola: Canada announces quarantine measures
The Canadian government announced Monday that it is tightening restrictions on travelers from Ebola-affected countries in West Africa by imposing self-monitoring and quarantine measures.
High-risk travelers who have been in the three countries hardest hit by the Ebola outbreak — Guinea, Sierra Leone and Liberia — will be required to self-isolate at home or at “a facility,” preferably near designated treatment centers in each province, for the 21-day incubation period. Travelers deemed low-risk who had no known exposure to Ebola would be required to self-monitor for 21 days, including twice-a-day temperature checks. Read more
Wonodi: Nigeria’s 40,000MW Target Requires $65bn Investment
The Managing Director of Nigerian Bulk Electricity Trading Plc (NBET), Mr. Rumundaka Wonodi has stated that Nigeria would require $65 billion investment to achieve the 40,000 megawatts (MW) electricity generation capacity of a fellow African country, Egypt.
In a lecture delivered recently at the University of Benin, Edo State, Wonodi said it would evidently cost about $1.6 billion to produce and generate 1000MW of electricity. Read more
Eagles Coordinator Attah Ordered Out of Camp
Super Eagles co-ordinator Emmanuel Attah has been ordered out of the team’s training camp in Abuja, AfricanFootball.com has learnt.
“Attah is no longer in the Eagles camp after he was ordered to leave,” a top source informed AfricanFootball.com late on Monday. Read more
War in Congo – Keshi Keeps Eagles Waiting
Two days before the departure of the Super Eagles to Congo for the all important return leg of the 2015 African Cup of Nations (AFCON) clash against Congo, Coach Stephen Keshi was yet to report to the team’s Bolton White Apartment in Abuja as at press time.
Sports Vanguard can also recall that the Coach who only returned to the team about two weeks ago via a presidential directive was conspicuously absent from the team’s bench when the Super Eagles played against the Black Meteors of Ghana during the opening of the new Akwa Ibom International Stadium. Read more
Nigeria’s Victor Anichebe ready to ‘come back fit as possible’ for West Brom after break
Victor Anichebe has revealed he will put himself through a personal boot camp to revive his season.
The West Bromwich Albion striker is ready for a fitness drive during the international break after his injury struggles. Read more
Follow us @sabinewsnaija