SABINEWS EVENING NEWS UPDATE

SABINEWS EVENING NEWS UPDATE

Sabinews Evening Update for August 8, 2014SABI Evening

 

Boko Haram Takes Control of Military Camps in Yobe State

Barely 48 hours after sacking a military formation in Gwoza, Borno State, taken control of the town which it ransacked and killed scores of people, members of the Boko Haram insurgents group has taken over some military camps in Yobe state.

Residents said the sect members raided Gujba Local Government Area of Yobe State and seized the military camps in Buni Yadi, Buni Gari and Gonir. Read more

 

Senate Leader: Nigeria will Not Cede More C’River Territories to Cameroun

Senate Leader, Senator Victor Ndoma-Egba (SAN), has stated that Nigeria is working seriously to ensure that more territories from Cross River State are not ceded again to Cameroun, her central African neighbour.

In August 2008, Nigeria formally handed over Bakassi Peninsula to Cameroun in compliance with the October 10, 2002 judgment of the International Court of Justice (ICJ), and the spirit of the Green Tree Agreement signed by both countries. Read more

 

Illegal election materials intercepted in Osun State 

Police in Osun State have intercepted alleged illegal election materials and some people have been arrested. The vehicle with the registration number FG816VO1, was intercepted at Obokun local government area with election material being taken to an unknown location.

The police PRO, Folake Odoro was not available for comments at the time of going to press. Meanwhile, an Osun State High Court sitting in Ile-Ife has restrained security operatives in the country from arresting and witch-hunting leaders of the All Progressive Congress in the state. Read more

 

Jonathan Summons Emergency Meeting, Cancels Owerri Trip

As palpable fear embroiled the country over the threat of deadly Ebola virus, President Goodluck Jonathan Friday summoned emergency meeting.

Taking into cognizance the importance of the meeting, the president cancelled his scheduled journey to Owerri, the Imo State capital. Read more

 

Osun Election: PDP dismisses APC’s rigging allegation as ‘infantile blackmail’

The Peoples Democratic Party, PDP, has dismissed allegations by the National Chairman of the All Progressives Congress, APC, John Odigie- Oyegun, of plots to rig Saturday’s governorship election in Osun as an “infantile blackmail” unbecoming of his office and status.

The PDP National Publicity Secretary, Olisa Metuh, in a statement on Thursday said the allegations were completely wild, baseless and mere fabrications aimed at distracting PDP members and supporters and to discourage them from fully participating in the election. Read more

 

Doctors Yet to Resume in Edo Public Hospitals

Doctors are yet to resume in federal and state government hospitals in Edo State despite the alleged suspension of the 37 days old nationwide strike embarked upon by the Nigerian Medical Association (NMA).
A visit to public hospitals in the state capital revealed that there were low ebb of medical activities in the various hospitals. Read more

 

Jonathan didn’t sack me because I was incompetent – Gulak

A former Special Adviser to President Goodluck Jonathan on Political Matters, Alhaji Ahmed Gulak, on Thursday refuted the report that he was fired by the President for being incompetent.

The former presidential aide while speaking with newsme in Abuja on Thursday said he could not possibly be in office for ever and that he had worked with Jonathan for seven years. Read more

 

Agwai Pledges Prudent Use of SURE-P Fund, Inspects Projects

From the Chairman of the Subsidy Reinvestment Programme (SURE-P) came a pledge that the agency will do its best to ensure that the fund is judiciously utilized for the benefit of Nigerians.

Chairman of SURE-P, General Martin Agwai, gave the pledge at a press conference held in Lagos yesterday when officials of the agency visited Lagos to inspect some projects in the state and its environs. Read more

 

Cashless Policy and Online Shopping – Matters Arising

When the Central Bank of Nigeria (CBN) announced its intention to embark on a cashless policy to reduce cash handling, many citizens expressed reservations about the policy.

While some predicted that it would intensify fraud; some said that the nation’s economy was not ripe for that kind of policy. Read more

 

API: Oil and LNG exports strengthen US economy

The recent trade report released by the US Department of Commerce shows American energy exports are revitalising the economy and shifting the balance of power around the world, according to API Chief Economist, John Felmy.

Felmy stated: “Domestic oil and natural gas production helped drive record exports last year, and our ability to impact global markets continues to grow. But America’s potential as an energy superpower remains limited by outdated trade restrictions that prevent more US oil and natural gas from reaching global markets. Lifting these barriers will mean more jobs and a more powerful position – both economically and diplomatically. Read more

 

New CBN Governor to Unveil Agenda

The new Central Bank of Nigeria governor, Godwin Emefiele, would on Thursday unveil the agenda of the apex bank under his leadership.

A statement, signed by Isaac Okoroafor for the CBN Director, Corporate Communications, and made available to journalists in Abuja on Tuesday said that the new governor officially reported for duty on Tuesday. Read more

 

PHCN retirees groan over five month pension arrears

Failure by the Federal Government to pay the outstanding five-month pension arrears of pensioners who retired from the privatised Power Holding Company of Nigeria is making life more difficult for the elderly retirees some of whom are already in a bad state of health.

New Telegraph gathered on Wednesday that the arrears, which was six months in all, was cut down to five after officials of the National Union of Pensioners (PHCN chapter) met with some stakeholders from government. Read more

 

Forte Oil leads gainers as Seplat dips most

Share price increase recorded by Forte Oil plc, Conoil plc, Total Nigeria plc, Dangote Cement plc, and Northern Nigeria Flour Mills plc respectively, surpassed that of other equities after trading on the Nigerian Stock Exchange (NSE) yesterday.

As investors began to favour equities in their portfolio pick, the value of Nigerian stock market increased by 0.64 percent yesterday, pushing the market’s year-to-date (YtD) return high at 3.10 percent. The stock market twin performance indicators –the NSE All Share Index (ASI) and market capitalisation closed higher yesterday. Read more

 

NCC To Address Insider Abuse, Poor Service

The Nigerian Communications Commission (NCC) said yesterday it would put in place a regulatory framework that would address insider abuse and poor customer service in the Nigerian mobile telecommunication value added service (VAS) market which now stands at $200 million.

The executive vice chairman of NCC, Dr Eugene Juwah, disclosed this at a one-day interactive session with VAS operators and mobile network operators, remarking that efficient regulations of the market could create a $500 million market in the next few years. Read more

 

Oshiomhole warns against extortion . postpones Governing Councils’ inauguration

Governor Adams Oshiomhole of Edo State has warned against extortion of members of the public, saying that government will deal decisively with culprits.

Oshiomhole handed down this warning yesterday during the inauguration of the Rural Electrification Board, Edo Development and Property Authority, Protection of Government Property and Produce Board at Government House, Benin City. Read more

 

Northern tourism loses N5bn to insecurity in 4 years

With the worsening security situation in parts of northern Nigeria on account of the Boko Haram insurgency, tourism ventures in the region are fast winding up.

The region has lost over N5 billion in four years (from 2010 till date) due to the continued insurgency, according to tourism experts and a report on the rate of business confidence in states across the country. Read more

 

US woos African leaders on trade, investments

African leaders were wined and dined in Washington this week at a conference designed to boost US trade links and investment across the continent.

The US invests billions of dollars in Africa, and this week committed $33bn (£19.6bn) from businesses and the government. Read more

 

Nigerian oil firm shuts clinic after suspected Ebola case admitted

Nigeria’s state oil company NNPC said on Friday it had shut down its own clinic in Lagos’ commercial district of Victoria Island, after a suspected Ebola case was admitted there.

The patient who arrived there sick had previously visited the First Consultant Medical Centre, also now shut, where the country’s first case of Ebola was recorded. Read more

 

NFF: No bans have been upturned

The Nigeria Football Federation (NFF) has stated that the recent bans handed to some Executive Committee members has not been upturned as its Appeals Committee is yet to meet over appeals filed by Barrister Chris Green and Alhaji Ahmed ‘Fresh’ Yusuf.

Both men were suspended from the NFF’s Executive Committee and banned from football related activities for different periods on Thursday. Read more

 

Negligence or murder? Oscar Pistorius will learn his fate on Sept. 11

In the end, it will come down to this: Which version of Oscar Pistorius does Judge Thokozile Masipa believe?

Pistorius, the South African Paralympic champion, will learn his fate on Sept. 11 after standing trial for the grisly Valentine’s Day shooting of his girlfriend Reeva Steenkamp. Read more

 

Frustration, suspicion over lack of Ebola drugs in West Africa

Africans seeking a drug to help contain the Ebola virus will have to wait months before a potentially life-saving experimental treatment used on two infected Americans is produced even in small amounts, officials said.

And there are no guarantees that the medication known as ZMapp would help curb the spread of the dreaded disease, which starts with a fever and body aches and sometimes progresses to serious bleeding. Supplies of the drug are limited. It has never been tested for safety or effectiveness in humans. Read more

 

 

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