October 19, 2018

Latest Updates

* Army arrests suspected members of Niger Delta Avengers * Falana, Rewane, others react as Buhari fails to name looters

* Army arrests suspected members of Niger Delta Avengers  * Falana, Rewane, others react as Buhari fails to name looters

Army arrests suspected members of Niger Delta Avengers

As part of efforts by the Federal Government to check the spate of renewed attacks on oil and gas installations in the Niger Delta region, the Nigerian Army has arrested 10 suspected members of the militant group, Niger Delta Avengers.

The suspects were said to have been arrested at about 1:40am on Saturday in Oporaza community, Warri South-West Local Government Area of Delta State, following a search  conducted in the community. Read more

Falana, Rewane, others react as Buhari fails to name looters

Some legal practitioners and economists have expressed support for the refusal of President Muhammadu Buhari to unveil the names of looters and the amount of looted assets so far recovered.

The President, had, in an interview in London, while attending the anti-corruption summit organised by British Prime Minister, David Cameron, recently, promised to disclose the figure in his Democracy Day address to the nation. Read more

Shootout in Niger Delta creeks as troops kill militants, avert attack on oil pipeline

THE standoff between the military and the Niger Delta Avengers, NDA, degenerated, early yesterday, as soldiers of  343 Artillery Regiment of 2 Brigade, 82 Division of the Nigerian Army, engaged the militants in a fierce gun duel at Gulobokri and Eweleso communities, around Brass area of Bayelsa State. Read more

INEC declares Nasarawa/Toto bye-election inconclusive
The Independent National Electoral Commission INEC, yesterday declared the just concluded Nasarawa/Toto Federal Constituency bye-election inconclusive due to cancellation of votes as a result of over-voting. Read more

Buhari Announces N1.6bn Women Empowerment Fund

President Muhammadu Buhari has set aside N1.6 billion for the empowerment of women. He announced this during his broadcast to the nation to mark his one year in office.

The president said:  “I would like to take this opportunity to express my appreciation for the increasing role that our women are playing in revitalising the agricultural sector. Read more

Don’t lose hope, democracy is a battle, not a banquet — Tinubu

All Progressives Congress, APC national leader, Asiwaju Bola Ahmed Tinubu has urged Nigerian democracy partisans not to lose hope upon present economic challenges, saying that the quest for democracy is a battle and not a banquet. Read more

Danjuma urges support for anti-corruption war

Lt. Gen. T.Y. Danjuma (retd.) has called on Nigerians to support President Muhammadu Buhari’s anti-corruption war.

Danjuma said corruption was the root of the underdevelopment in most African states and needed to be curbed if the continent wanted to move forward. Read more

Avert Humanitarian Crisis In Delta, IYC Tells Buhari –

The Ijaw Youth Council (IYC) Worldwide said on Sunday that a humanitarian crisis was imminent in Delta State if President Muhammadu Buhari did not urgently withdraw federal troops currently pounding Oporoza community. IYC therefore called on well-meaning Nigerians and the international community to prevail on Buhari to order the military to vacate Oporoza, headquarters of Gbaramatu clan.

The body in a statement by its spokesman Eric Omare said that Oporoza was still under military siege two days after the troops invaded the area. Read more

Metuh: Temper justice with mercy, PDP begs CJN

The Lagos State chapter of the Peoples Democratic Party has asked the Chief Justice of Nigeria, Justice Mahmud Mohammed, to look into the continuous refusal of bail to the party’s national spokesperson, Chief Olisa Metuh.

Metuh , who is currently on trial for allegedly collecting N400m from the office of the National Security Adviser, had been appealing to the court in order for him to travel abroad for medical treatment. Read more

One year too short to assess Buhari –Gbajabiamila

The Majority Leader of the House of Representatives, Femi Gbajabiamila, says Nigerians should not be hasty to assess President Muhammadu Buhari’s performance in office.

Gbajabiamila, in a statement issued on Sunday, said one or two years were too short to assess Buhari because the damage done by the previous government was too much. Read more

EFCC recovers N900m from Jonathan’s kinsman

The Economic and Financial Crimes Commission has recovered N900m from Mr. Waripamowei Dudafa, a former Special Assistant on Domestic Affairs to ex-President Goodluck Jonathan.

A reliable source at the EFCC told our correspondent on Sunday that the money was found in one of Dudafa’s accounts, which was immediately frozen. Read more

Buhari: One year scorecard

To assess one year of the Muhammadu Buhari administration is not an easy task considering the goodwill, high expectations and euphoria that heralded the administration. The argument would be that one year is too short a period to assess the performance of a President with a four-year mandate. However, the assessment will be done in three key areas of security, the fight against corruption and deepening democracy

In the security sector, the Boko Haram insurgency has been “technically degraded” and much progress has been made in countering the insurgency. However, other security fronts have opened up in terms of the challenge of the herdsmen, the resurgent Niger Delta crisis, and the agitation for Biafra in the South-East. It seems all the energy was focused on Boko Haram to the neglect of the other challenges. Read more

UNEP Report implementation’ll reduce crime —MINISTER

Minister of Environment, Mrs Amina Mohammed, has said that the implementation of the United Nations Environment Report, UNEP, will reduce crime and violence in Ogoni area of Rivers State. Mohammed said this when she inspected the site of the flag-off of the implementation of the Report at Numuu-Tekuru, Bodo, Gokana Local Government Area of Rivers State, yesterday. Read more
Gunmen kidnap, free lecturer in C’River

A lecturer at the Federal College of Education in Obudu, Cross River State, Dr. Walter Ibe, was on Saturday abducted from his official residence by gunmen.

Ibe, who is in the Department of Computer Science, was whisked to an unknown destination, but Southern City News gathered that the abducted lecturer was released in the early hours of Sunday. Read more

God will choose next Ondo governor, says Mimiko

Ondo State Governor, Dr. Olusegun Mimiko,  has said that God will produce a man of integrity to succeed him in the state. The governor said Ondo State would never “go back to Egypt”.

Mimiko said this in Akure during a thanksgiving service at the 15th annual convention of the Riches in Christ Evangelical Mission Akure, on Sunday. Read more

LUTH doctor abducted, killed in Ogun hometown

Suspected hoodlums on Sunday abducted and killed a doctor with the Lagos University Teaching Hospital, Idi-Araba, Lagos, Thomas Adekoya-Cole, in the Itele area of Ijebu, Ogun State.

PUNCH Metro gathered that 60-year-old Adekoya-Cole, a consultant orthopaedic surgeon with LUTH, was murdered while in his hometown to attend a public function. Read more

Bomb Kills Soldier, Four Others at Military Checkpoint in Biu

The Nigerian Army has said that a commercial tricycle, known in local parlance as Keke NAPEP, detonated a bomb when it unknowingly ran over an improvised explosive device (IED) planted by the side of the Biu-Damboa road, close to a military checkpoint on the outskirts of Biu town, Borno State. Read more

Abducted UBTH nurse freed

A 44-year-old woman, Mrs. Rita Aiwelera, who was kidnapped by gunmen at Ugbowo in Egor Local Government Area of Edo State, has been released.

It was learnt that the victim, a nurse with the University of Benin Teaching Hospital, was released at about 10pm last Saturday, nearly a week after she was abducted. Read more

Artisan nabbed for repainting stolen vehicles

AN artisan, Okwudili Nwodo, is in police net in Enugu for repainting stolen vehicles.

It was learnt that Nwodo worked with a car-snatching syndicate, which usually supplied him with stolen cars to repaint. The vehicles were subsequently sold to unsuspecting members of the public.

It was gathered that various stolen vehicles were recovered in Nwodo’s shop, located on Presidential Road, Enugu, when he was arrested by operatives of the Enugu State Police Command. Read more

Bricklayer kills friend for refusing to charge phone

A bricklayer, Demola Wasiu, has been arrested by the Lagos State Police Command for allegedly killing his friend, Lekan Omotosho, 27.

PUNCH Metro learnt that Wasiu, an indigene of Ede, Osun State, stabbed the Ogun State indigene in the armpit after he refused to charge his phone for him. Read more

CAN Expresses Concern over Plans by Government to Interfere in Its Elections

The Christian Association of Nigeria (CAN) yesterday expressed concern over plans by some government officials to meddle into the affairs of the association in the up coming CAN elections, “in order to elect a puppet loyal to government.” Read more

Delta APC faction urges release of c’ttee’s report
A faction of Delta State All Progressive Congress, APC, led by Chief Joseph Okotie-Eboh, yesterday, called on the Oji Ngofa’s led Delta APC Fact Finding Committee and Reconciliation Panel to release its report on its findings over the Delta APC led Prophet Jones Erue and Chief Okotie-Ebor factions. Read more

Democracy Day: My governorship, an assignment from God —Ambode

Governor Akinwunmi Ambode of Lagos State, yesterday said his ascension into office one year ago as the 14th governor of the state was an assignment from God, just as he vowed to continue to serve humanity selflessly throughout his tenure and lifetime. Read more

Oshodi murder: Father earlier attempted to kill mother twice —SON

Distraught children of late Roselyn Osiugie, the woman that was allegedly murdered by her husband last Friday in Oshodi area of Lagos, have revealed that their father had earlier attempted to take their mother’s life on two occasions. This is just as the family of the deceased alleged that the suspect, Jafar Osiugie, 50, killed her for ritual purpose. Read more

Stock market set to hit N10trn mark 

The Nigerian Stock Exchange (NSE) is set to hit the N10 trillion mark this week, in continuation of the superlative performance which greeted the decision of the Central Bank for Nigeria (CBN) to introduce a flexible exchange rate. Last week, total value of shares listed on the NSE, or market capitalisation, rose by N573 billion, to a six month high of N9.353 trillion, as investors swooped on the stock market. Read more

 

Consolidation’ll drive efficiency in the MfB sub-sector- CBN

The Central Bank of Nigeria (CBN) has called for consolidation in the microfinance banks industry. Director, Other Financial Institutions Supervision Department, CBN, Mr. Ahmad Abdullahi made this call, saying that consolidation of microfinance banks  will drive efficiency and increase investments made by operators in the sector, repositioning it for easy access to potential customers. Read more

FG charges FMBN, FHA to deliver 30,000 houses in 12 months

In line with its plan to deliver one million housing units annually across the 36 States and the Federal Capital Territory (FCT), the Federal Government has directed Federal Mortgage Bank of Nigeria (FMBN) and Federal Housing Authority (FHA) to synergise their skills and capabilities on housing development. Read more

Nigeria’s insurance sector hits top 10 in Africa 

Nigeria has emerged one of the top insurance markets in Africa, ranking third with overall premium income of N386 billion (over $1billion). The insurance market in the continent as dominated by South Africa continues to dominate the continent’s insurance market, with its Life and Non- Life Insurance Premiums dominating the sector with market size of over $1billion each in 2014. Read more

 

Lack of competition law, policy, hurting economy- Private Sector

A private sector coalition has identified lack of competition law and policies as major  impediments to development of commerce and industry in Nigeria, putting the economy under severe hurt. Consequently, a coalition of private sector organisations have called on the National Assembly to urgently work on a pending bill for the necessary legislation and regulation to be in place. Read more

SON builds local capacities for quality export products

STANDARDS Organisation  of Nigeria says it has been building the capacity of local manufacturers to mass-produce quality products for domestic market and export. Dr. Paul Angya, Acting Director General of the agency, disclosed this while fielding questions from Vanguard on what SON is doing in current quest by the present government  towards import substitution manufacturing. Read more

Berger Paints targets N1.79bn revenue in half year

Berger Paints Plc said it is targeting N1.79 billion as revenue for the half year, H1, ended June, 2016, which represents 38 per cent increase over N1.299 billion recorded in H1, 2015. The company also projects a 24 per cent increase in gross profit from N634 million in half year 2015 to N786 million, while the company expects a three per cent decline in profit before tax to N230 million from N237 million in 2015. Read more

VoguePay wins e-payment award

VoguePay.com, an e-payment platform that serves businesses on four continents, has won the best emerging online payment platform in Africa at the African Information Technology and Telecom Awards 2016 held in Ghana.

This year’s edition of the Information and Communications Technology awards, organised by InstinctWaves, publishers of Africa’s only free premium ICT and telecoms magazine, MobileWorld, recognised industry leaders across various categories. Read more

Stanbic IBTC Leads as CBN Dollar Sales Drop to $133m

The Central Bank of Nigeria (CBN) last week continued its rationing of dollars, when it sold $132,839,661.28 to 14 commercial banks and three merchant banks, returns on forex utilisation published by the respective financial institutions have shown.

The amount was however lower by $9,807,230.73, compared with the $142,646,892.01 sold to the banks in the preceding week. Read more

Troyka Group, Hotsauce offer tech start-ups opportunities

Marketing communications group, Troyka Group and HotSauce, have said that they are offering technology start-ups in Nigeria, and other West African countries, the opportunity to participate in the Viva Technology Start-up Connect Paris 2016.

The event is an initiative from the Publicis Groupe, a leader in marketing communication and business transformation. Read more

NIOB wants more investment in local materials

The Nigerian Institute of Building has called for more investment in locally-produced building materials to help resuscitate the country’s economy.

The President, NIOB, Mr. Shuaib Tijjani, stated this at the inauguration of the West African Ceramics Limited’s Royal Experience Centre in Lagos. Read more

Japaul to raise more funds

Following the declining pace of economic activities and the weak economic fundamentals in the oil and maritime industries, the management of Japaul Oil and Maritime Plc has indicated its interest to raise additional funds for business subject to shareholders’ approval. Read more

Motorola brings communication solutions, services to Nigeria

Motorola Solutions, a provider of innovative mission-critical communication solutions and services, has boosted Nigerian industries with the introduction of next-generation communication solutions.

The company said that the new products, including next-generation MOTOTRBO radios and interoperability communication solution WAVE 3000, would be available through Motorola Solutions’ experienced Nigerian partners. Read more

“We Want to Promote Cycling in Nigeria”

As parts efforts to promote the game of cycling in Nigeria and get more people involved, Cycology cycling club will be organising the 2016 cycology criterium on May 30, at Eko Atlantic, Lagos from 10a.m.

Speaking at a press briefing in Lagos yesterday, the captain of the club, Ladipo Soetan, said the essence of the cycling event is aimed at promoting the sports in Nigeria, and get people to be involved in the sports, adding that the federal government spent 18 million naira in Cycling, Badminton, Squash and two other sports, but this event is costing twice that amount. Read more

NFF Suspends FC Taraba

All matches involving FC Taraba in the Nigeria National League (NNL) have been placed on hold following the inability of the Jalingo side to settle outstanding payments and arrears owed players who featured for the club last season. Lawrence Katken, Secretary of the NNL, said until the management of FC Taraba complies with the decision of the 2015 Annual General Assembly of the NFF on payment of backlog of salaries and allowances to players, the club will play no part in the Nigeria league.

“Football is governed by rules and rules are meant to be obeyed. We have no choice but to implement the decision of the Congress. We always have to ensure that clubs in the NNL are ready to run because they move to the Premier League from the NNL. It behooves on us to direct them well,” said Katken. Read more

U-23 Team Departs For Korea Monday, To Train In USA … .It’s Gold Or Nothing In Rio – Siasia

The Nigeria U-23 squad will on Monday begin its final preparations for the men’s football tournament of this year’s Olympics, when the delegation departs Nigeria for the Suwon Invitational Tournament.

Led by Samson Siasia, who also steered Nigeria’s last squad at the men’s football tournament of the Olympics (Beijing 2008) to runner –up spot, the African champions have the self –belief they are good enough for gold in Rio de Janeiro in August. Read more

Shooting Stars Owe Me N3.6m – Ikana

Kadiri Ikhana, former Shooting Stars Sports Club (3SC) of Ibadan handler, has revealed that the club owed him a total of N3.6 million as he is set to announce his retirement from coaching. Ikhana, who left Enyimba for the Ibadan side at the start of the current Nigeria Professional Football League (NPFL) season, made the revelation while dwelling on the welfare of players and official at the club.

“It is sad that Shooting Stars management does not place any priority on the welfare of players and officials. Players are not paid; the officials, the same thing and somebody wants you to perform.” Read more

Five UN peacekeepers killed in Mali attack

At least five UN peacekeepers were killed in an ambush in central Mali by suspected militants, the UN and police sources said. The attack is the first time the UN peacekeeping mission in Mali, MINUSMA, has recorded fatalities in the centre of a country long beset by violence in its vast and desolate north.

“According to preliminary information, five peacekeepers were killed. Another was seriously hurt and is being evacuated,” MINUSMA said in a statement. Read more

Boy, 7, vanishes after parents leave him in Japan forest ‘as punishment’

Rescue workers resumed searching on Monday in a wooded area on Hokkaido, the northernmost of Japan’s four main islands. He has been missing since late Saturday afternoon.

Japanese media say the parents initially told police that their son had disappeared while they were picking wild vegetables, but they later admitted they had made him get out of the car to punish him for throwing rocks while playing at a river earlier in the day. Read more

ISIS plot to target England fans at Euro 2016 using suicide bombers and drones discovered on laptop of Paris and Brussels attacks mastermind

Islamic State terrorists are planning to attack England supporters next month as they mass in Marseille to follow the Three Lions at the Euros.

Data found on a laptop used by Paris attacker Salah Abdeslam shows ISIS wants to use suicide bombs, assault rifles and even drones carrying chemical weapons to carry out the attacks. Read more

Donald Trump tells bikers: illegal immigrants get better care than US military veterans

Illegal immigrants are better looked after in the US than the nation’s own military veterans, claimed Donald Trump on Sunday as he addressed a rally of bikers in Washington.

“Thousands of people are dying waiting in line to see a doctor. That is not going to happen any more,” he told the crowd gathered in front of the Lincoln Memorial, without offering any evidence to support his provocative claim. Read more

 

 

 

 

 

 

 

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