*PDP declines signing Presidential poll result sheet* *Orubebe apologises*

*PDP declines signing Presidential poll result sheet* *Orubebe apologises*

Sabinews Daily Morning News Update for April 1, 2015MORNING NEWS


National News


PDP declines signing Presidential poll result sheet

The Peoples Democratic Party on Wednesday refused to sign the final result sheet for the March 28 presidential election, which it lost to Maj. Gen. Muhammadu Buhari(retd.) of the All Progressives Congress.

This was despite that the PDP presidential candidate, President Goodluck Jonathan, had conceded defeat earlier before the Chairman of the Independent National Electoral Commission and Chief Returning Officer of the election, Prof. Attahiru Jega, returned Buhari as the President-elect at about 3.44am on Wednesday. Read more

Orubebe apologises

A former Minister of Niger Delta Affairs, Elder Godsday Orubebe has apologized to Nigerians for his infamous act during the collation of the Presidential election results Tuesday.

Orubebe said he sincerely regretted his action as he allowed his emotion to betray him. Read more

Fayemi congratulates President-Elect, Buhari

Former Ekiti State Governor, Dr Kayode Fayemi, has congratulated the All Progressives Congress (APC) candidate, General Muhammadu Buhari over the party’s victory in the just concluded presidential election, saying the victory signposts a new beginning for Nigeria and Nigerians.

“History has just been made in our dear country,” declared Fayemi who hailed Buhari’s victory over the incumbent President Goodluck Jonathan as a victory for democracy and the Nigerian citizenry. Read more

Zuma congratulates Buhari on Nigeria election victory

President Jacob Zuma on Wednesday congratulated Nigerian president-elect Muhammadu Buhari.

“President Zuma has also commended the outgoing president of Nigeria, His Excellency Goodluck Jonathan, for his leadership and commitment to consolidating democracy, peace and stability in Nigeria,” the department of international relations and co-operation said. Read more

Task Before NLC’s New Leadership

The newly elected executives of the Nigeria Labour Congress have to hit the ground running to restore the battered image of the congress, and prioritise the welfare of Nigerian workers, Damilola Oyedele writes

The re-convened election of the Nigeria Labour (NLC)  concluded  March 14, 2015 produced Comrade Ayuba Wabba as president,  Peter Adeyemi , Kiri Mohammed and Najeem Yasin as deputy presidents.  Solomon Adelegan,  Amechi Asugwuni, Laval Dutsima and Oyelekan Lateef  also emerged as vice presidents. Read more

Agbaje Remains Candidate to Beat, Says PDP Group

A Peoples Democratic Party (PDP) group, Peoples United to Save Nigeria on Tuesday said the party’s governorship candidate in Lagos State, Mr. Jimi Agbaje, was the candidate to beat in the governorship election slated for April 11.

The group, however, gave a pass mark to the just concluded presidential election won by the presidential candidate of the All Progressives Congress (APC), Maj.-Gen. Muhammadu Buhari, noting that the process was credible. Read more

I’ve expanded democratic space – Jonathan

President Goodluck Jonathan last night thanked Nigerians for their participation in the democratic process.

In a concession statement, he said:

“Fellow Nigerians, I thank you all for turning out en-masse for the March 28 General Elections. Read more




Nigeria’s 5-year Bond Yield Drops

Nigeria’s five-year bond yield fell 33 basis points on Tuesday after a United States investor bought government debt, with uncertainty surrounding presidential elections in Africa’s biggest economy easing, a dealer at a major commercial bank told Reuters.

The yield on the 2019 bond initially fell two basis points in early trades on Tuesday, the dealer said, adding that the debt fell further on large buying from the offshore fund. Read more

Envoy urges economic ties between Nigeria, others

The Nigerian Ambassador to Senegal and Mauritania, Mrs Katyen Jackden has called for stronger ties between Nigeria and other African countries.

She said the trade volume between Nigeria and Senegal has been largely in the informal sector and in favour of Senegal as many Nigerian traders troop to the country to buy textile materials and other fashion accessories. Read more

Printers raise alarm over job losses

President of Chartered Institute of Professional Printers of Nigeria (CIPPON), Alhaji Mohammed Lawal, has said the institute and employers of labour in the printing industry were worried over the negative impact of the harsh economic situation in the country on the industry.

He said the development had caused increased job losses in recent times, saying while printing is reputed to be one of the highest employers of labour in Nigeria, that printers’ fate is now worsened by lack of patronage by most tiers of government as well as lack of enforcement of laws protecting local printers. Read more

Equities gain N224b as market chiefs set agenda for new govt

The bullish rally at the Nigerian stock market gathered momentum yesterday as the market responded positively to definitive figures showing that All Progressives Congress (APC’s) General Muhammadu Buhari (rtd) would form the next government at the centre.

The upswing that started late last week as it became certain that Nigeria’s presidential and national assembly elections would hold as scheduled on March 28 rallied further on Monday as the market opened to news of early lead by the opposition candidate. Read more

Confidence index shed 7.7 per cent in first quarter – LCCI

The Lagos Chamber of Commerce and Industry (LCCI) on Tuesday reiterated that business managers and investors in the country have over the last few months faced heightened anxiety and commercial risks associated with the uncertainty surrounding the 2015 general elections

The LCCI’s Director General, Muda Yusuf made the declaration while reviewing the 1st quarter 2015 aggregate Business Confidence Index (BCI) recently released by the Chamber in Lagos. Read more

Stakeholders’ management critical in privatisation

Management of the various stakeholders was one of the greatest challenges the Federal Government had to tackle in its reform and privatisation programme, the Director-General of the Bureau of Public Enterprises (BPE), Benjamin Ezra Dikki, has said.

Dikki identified the various stakeholders in the reform and privatization programme as labour unions, players in the sector, prospective investors, consultants/advisors and those he called ideologues. Read more


Oil and Gas


Nigeria’s oil revenue drops to $32.3b, says IMF

Revenue received by the federation from crude oil sales, Petroleum Products Taxes (PPT), and royalties (after subsidies provided by Nigerian National Petroleum Corporation (NNPC) and cash calls) has decreased from $45 billion in 2011 to $32.3 billion in 2014, according to International Monetary Fund (IMF) Country Report on Nigeria.

Besides, between 2011 and 2014, oil lifting fell from 2.38 to 2.19 mbpd (71⁄2 per cent decline), largely due to stoppages associated with pipeline vandalism. The report, which was released on Monday, stated that the drop in oil revenue over 2011 to 2014, was larger than expected from the evolution of oil prices and production. Read more


World News


Niger: Troops prevent Boko Haram attack, destroy base 

Soldiers fended off an attack on a border town in Niger by Boko Haram and destroyed a base used by the Islamic militants inside neighboring Nigeria in recent days, Niger said Tuesday.

The two confrontations came as Nigeria elected a former military dictator as its new president amid anger over the Islamic insurgency that has claimed thousands of lives. The militants have terrorized northern Nigeria and also attacked towns in neighboring countries, prompting nations in the region to mount a force to combat them. Read more

Iran nuclear talks: Russia and Iran claim progress

Progress has been made in talks on Iran’s nuclear programme, Russian and Iranian officials say.

Negotiations between six world powers and Iran will resume on Wednesday, overrunning a deadline for a deal. Read more

Hamas leader Meshaal warns of Israeli ‘extremism’ after elections

The political leader of the militant Palestinian Islamist movement Hamas says the results of Israel’s elections will further diminish hopes for peace.

Khaled Meshaal told the BBC the victory of Prime Minister Benjamin Netanyahu’s Likud party and its right-wing allies meant there would be “more extremism”. Read more

The world’s oldest person, Misao Okawa, dies at age 117

Misao Okawa, a Japanese woman recognised as the world’s oldest person who credited her longevity to “eating delicious things” and getting plenty of rest, died at the age of 117 on Wednesday, Japanese media reported.

Okawa, the daughter of a cloth merchant in the western city of Osaka, was born in 1898 – the year that the United States annexed the Hawaiian islands and a new drink named Pepsi-Cola was launched. She shared her birth date with Chinese revolutionary leader Zhou Enlai. Read more

Malaysian police release media CEO, editor held under sedition

Police released the publisher of a Malaysian media group and a senior executive on bail on Wednesday, after arresting them for sedition related to a news report published last month, their company’s lawyers said.

Publisher and group CEO of The Edge Media Group, Ho Kay Tat, and chief executive of the group’s The Malaysian Insider news portal, Jahabar Sadiq, were released early on Wednesday, about 24 hours after they were arrested. Read more

Yemen on verge of collapse warns UN as bombings wound many civilians

Yemen is “on the verge of total collapse”, warns the United Nations, with gunfire and shooting taking a toll on its civilians.

The assessment by the UN high commissioner of the situation in Yemen, as Houthi rebels battle a Saudi-led coalition backing the government, is supported by aid organisations like Médecins Sans Frontières (MSF) and Red Cross. Read more




We are not Interested in Emenike – Moscow

The Sporting Director of Dynamo Moscow, Guram Ajo, has dismissed speculation linking the Russian Premier League club with a move for Fenerbahce’s Emmanuel Emenike in the summer transfer market.

Reports in the Turkish press suggested that Dynamo Moscow had made enquiries regarding the availability of the Nigeria international ahead of the reopening of the transfer window. Read more

NFF Puts Keshi’s Approved Deal on Hold
The Nigeria Football Federation (NFF) won’t make an announcement on the fate of out-of-contract coach Stephen Keshi, despite confirming a new deal has been approved.

“Keshi’s contract has been approved by the NFF board, I can confirm that to Nigerians,” NFF president Amaju Pinnick said on Wednesday. Read more

Neymar denies Premier League switch

Neymar has insisted that he has no plans to follow former Barcelona teammate Alexis Sanchez to the Premier League.
Arsenal swooped to bring Sanchez to England from the Camp Nou last summer after the Catalan side signed Luis Suarez from Liverpool. Read more

Akpeyi: I want Enyeama’s shirt

Warri Wolves goalkeeper, Daniel Akpeyi, says he’s ready to be Nigeria’s number one.

The 28-year old saved a penalty and had an impressive game against the Bafana Bafana in the absence of Captain Vincent Enyeama, and Vice-captain Austin Ejide. He says he is ready to be the Eagles’ first choice goalkeeper,r if given the opportunity. Read more

13 Heineken Fans for UEFA Champions League Final

Thirteen lucky Nigerian Heineken fans are now set to enjoy a once-in-a-lifetime experience as this year’s UEFA Champions League draws to a close.

The lucky Heineken fans who were amongst the over 3000 UEFA football fans that took part in the raffle draws across Nigeria have won all-expense paid trip to Heineken’s world-famous Ibiza Finale, where fans converge from all over the world to watch the UEFA Champions League final match. Read more



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