August 21, 2018

* N3.6bn cars: NLC, TUC, others knock Reps * We counted N1.22bn Obanikoro gave Fayose for 10 days – Banker

* N3.6bn cars: NLC, TUC, others knock Reps  * We counted N1.22bn Obanikoro gave Fayose for 10 days – Banker

SABINEWS MORNING NEWS UPDATE FOR NOVEMBER 15, 2016

 

 

N3.6bn cars: NLC, TUC, others knock Reps

The Nigeria Labour Congress and the Trade Union have condemned the decision of the leadership of the House of Representatives to procure 360 exotic cars worth N3.6bn for its members when the nation is going through economic recession.

Also condemning the action of the lawmakers were the Civil Liberties Organisation and the Coalition Against Corrupt Leaders. Read more

We counted N1.22bn Obanikoro gave Fayose for 10 days – Banker

An official of Zenith Bank, Akure Branch in Ondo State, Sunday Alade, on Monday told a Federal High Court in Abuja how he and his colleagues in the bank took turn to count the sum of N1.22bn cash delivered to the aides of the Ekiti State Governor, Ayodele Fayose, by former Minister of State for Defence, Musiliu Obanikoro in 2014.

Alade, who continued his testimony as the first prosecution witness in the ongoing trial of an aide to Fayose, Mr. Abiodun Agbele, on money laundering charges, said the huge cash was in N1000 and N500 bills. Read more

FG charges Justice Ademola, wife with gratification offences

he Federal Government on Monday filed gratification charges against Justice Adeniyi Ademola of the Federal High Court in Abuja, and his wife, Olabowale, who is the Head of Service of Lagos State.

The Office of the Attorney General of the Federation filed 15 counts in the suit with number, FCT/CR/21/2016, against the couple before the High Court of the Federal Capital Territory on Monday. Read more

Boko Haram displaces 370,389 households in N’East

At least,   370, 389 households have been displaced by the Boko Haram insurgency. A don at the University of Ilorin, Dr. Abiola Adimula, stated this in a paper she released to journalists in Abuja on Monday.

She presented the paper  at the 39th Annual Conference of Fulbright Association at George Washington University in the United States. Read more

Osinbajo, Saraki, Dogara, govs meet over $30bn loan

The Senate President, Dr. Bukola Saraki, on Monday said the meeting the leaders of the National Assembly had with Vice-President Yemi Osinbajo and some state governors was meant to ensure good governance and collaboration.

Saraki spoke with State House correspondents at the end of the meeting held inside the Vice-President’s office at the Presidential Villa, Abuja. Read more

Sharia police raid Jigawa beer parlours

The Sharia law enforcement agency in Jigawa State, Hisbah, on Monday said its raid on beer parlours in Kazaure Local Government Area of the state had led to the arrest of 34 persons and the confiscation of 916 bottles of beer.

The state Commandant of Hisbah, Mallam Sa’idu Aliyu, made the disclosure in an interview with the News Agency of Nigeria in Dutse. Read more

Obasanjo wanted life presidency, not third term, Atiku insists

Former Vice-president Atiku Abubakar has insisted that ex-president Olusegun Obasanjo wanted to pave the way for a lifetime presidency and not just a third term in office.

Atiku said this in an interview with a quarterly magazine published by the Economic and Financial Crimes Commission, Zero Tolerance. Read more

Security agents bar journalists

Security agents attached to the Kogi State Government House on Monday barred journalists from the venue of an event for which they had been invited.

Consequently, the Correspondents’ Chapel of the Nigeria Union of Journalists asked its members to boycott all functions in the Government House to protest the harassment of its members by security agents attached to the Government House. Read more

2017 budget: Recovered loot to part-fund N2.69tn deficit

The Federal Government is proposing to fund part of the 2017 budget deficit of N2.69tn from funds recovered from treasury looters.

The proposal is contained in the Medium Term Expenditure Framework/Fiscal Strategy Paper, which was submitted to the National Assembly. Read more

Mimiko plotting to delay poll – Akeredolu

The governorship candidate of the All Progressives Congress in Ondo State, Mr. Rotimi Akeredolu (SAN), has accused the state Governor, Dr. Olusegun Mimiko, of taking some steps towards ensuring the postponement of the November 26 governorship election.

The APC candidate, in a statement issued in Akure, the state capital on Monday by the Director of Communications of the Akeredolu Campaign Platform, Mr. Soji Alakuro, urged the Independent National Electoral Commission and the security agencies in the state not to succumb to the alleged antics of the governor. Read more

Oke rents crowd for campaign –APC

The All Progressives Congress in Ondo State has accused the candidate of the Alliance for Democracy in the November 26 governorship election, Chief Olusola Oke, of “importing” supporters from Lagos and Osun states for the commencement of his campaign on Monday.

The APC alleged that this was to give an impression that he was a popular candidate in the state. The campaign rally was held at the Democracy Park, Akure, the Ondo State capital. The APC said the AD was unpopular in the state and could not win the November 26, 2016 governorship election. Read more

Ex-CDS, Badeh, forfeits $1m to FG

A former Chief of Defence Staff, Air Chief Marshal, Alex Badeh (retd.), has permanently forfeited $1m to the Federal Government, The PUNCH can authoritatively confirm.

The Economic and Financial Crimes Commission, while investigating the arms scam in ex-President Goodluck Jonathan’s administration, had searched Badeh’s mansion located at 6 Ogun River Crescent, Maitama, on March 6, 2016 and found $1m cash. Read more

Aworele withdraws eligibility case, Oke vows to resist rigging

The governorship candidate of the Alliance for Democracy in Ondo State, Chief Olusola Oke, has declared that the people of the state will resist rigging in the November 26 governorship election in the state.

Also, the National Legal Adviser of the party, Mr. Kehinde Aworele, has said that that he has withdrawn the eligibility case he filed against Oke from the court. Read more

Senate to probe Osun, other states’ bailout

President Muhammadu Buhari may have asked the Senate to probe the Osun State Governor, Mr. Rauf Aregbesola, and other governors over how they spent the bailout disbursed to them by the Federal Government.

Subsequently, the President of the Senate, Dr. Bukola Saraki, has ordered the Senate Committee on State and Local Government Administration to proceed on a fact-finding mission to Osun State to investigate how the Aregbesola administration spent the N34.988,900 given to it by the Central Bank of Nigeria as a bailout to pay workers’ salaries. Read more

Amosun signs land grabbers’ law, defaulters risk death sentence

The Ogun State Governor, Senator Ibikunle Amosun, on Monday signed a bill into law which prescribes 25 years imprisonment or death sentence for anyone found guilty of land grabbing.

He signed the bill 34 days after the state House of Assembly passed it. The law criminalises land grabbing or forceful takeover of landed property in the state. Read more

Fighting cancer: Lagos Assembly’s bold initiative 

The Lateef Jakande Auditorium of the Lagos State House of Assembly was packed full on Wednesday, September 28, 2016. The faces in the hall were friendly, they were smiling faces but you can deduce the seriousness in their looks.

It was the one day public hearing programme organised by the House Committee on Health where members of the public particularly stakeholders in the health sector were invited to discuss and make suggestions on a Bill for the establishment of a cancer institute in the state. Read more

INEC, conflicting court orders and 2019

While the Bench and the Bar may be utterly embarrassed by the critical opprobrium generated by the spate of unsettling orders on ex parte applications as well as conflicting judgments dished out by courts of coordinate jurisdiction, investigations have shown that the Independent National Electoral Commission, INEC, is worst hit and is therefore at the receiving end of each conflicting court order.

Each conflicting court order places the Independent National Electoral Commission in a state of despicable quandary as it not only places the commission on high jump, but pushes it in-between the devil and the deep blue sea. Professor Mahmood Yakubu, chairman of the commission admitted this much at a two-day conference by the court of appeal to review the 2015 election cases. Professor Yakubu expressed worry about the problem of conflicting court orders. He said “it sometimes creates confusion for the commission”. Read more

NCC urges consumers to use approved devices

The telecoms regulator, Nigerian Communication Commission (NCC), has advised telecommunication consumers against the use of substandard devices capable of degrading the quality of services available on the networks in addition to posing serious safety issues to them.

In his address during the NCC Day 2016  at  the Lagos International Trade Fair at the weekend, Executive Vice Chairman of NCC, Prof. Umar Garba Danbatta, who was represented by Head of Public Relations, Reuben Muoka, explained that as technology advances, more devices are being introduced into the market, adding that some of these devices have been used and dropped in other parts of the world while some may not even meet with international benchmarks for safety. Read more

Robbers Guns Down Gallant Police Officer

A policeman attached to the Inspector General of Police (IG) Special Intelligence Response Team (SIRT), one Sergeant Felix Igbasan, was monday gunned down in the line of duty.

The gallant police officer, who is known for his feat at the Special Anti Robbery Squad (SARS) in Lagos before his transfer to the SIRT in Abuja, was gunned down by an eight-man armed robbery gang. Read more

NNPC restructuring still being deliberated, says FG

The restructuring or total overhauling of the Nigerian National Petroleum Corporation is still being deliberated and has not been effected, the Federal Government has said.

According to the Federal Ministry of Petroleum Resources, it will be dangerous to reach a conclusion on the matter when it was still being discussed. Read more

Opportunities in oil sector’ll be over soon — Osinbajo

Vice President Yemi Osinbajo on Monday stated that opportunities in the petroleum industry were narrowing and might be over sooner than expected as a result of the increasing breakthroughs in renewable energy use as well as the expansion in the patronage of electric vehicles globally.

According to him, although Nigeria needs oil as it works towards diversifying its economy, the party may soon be over in the petroleum industry. Read more

NNPC redeploys staff; promotes 108, demotes one

The Nigerian National Petroleum Corporation, NNPC, has undertaken a massive reorganization, with the redeployment of key officials.

In the redeployment memo obtained from the NNPC, yesterday, while 108 staff were promoted from Manager and General Manager positions to General Manager and Group General Managers respectively, one was demoted from Executive Director to Group General Managers (GGM). Read more

Militancy: Navy to establish more mobile stations in Bayelsa —CNS

AS part of efforts to combat criminality in the Niger Delta region, the Nigerian Navy  plans to set up more mobile stations in the creeks of Bayelsa State to police the waterways and cover the flashpoints of militant activities

Chief of Naval Staff, Rear Admiral Ibok Ette Ibas, disclosed this in Yenagoa yesterday, during the annual shore inspection of ships units and establishment at the headquarters of the Central Naval Command, CNC, in Yenagoa, Bayelsa State. Read more

Forte Oil, Honeywell, Cadbury, 19 others lose N64bn

The Nigerian equities market closed on a  negative note on Monday as Forte Oil Plc, Honeywell Flour Mill Plc, Cadbury Nigeria Plc, Nascon Allied Industries Plc and Oando Plc led a N64bn loss at the close of trading on the floor of the Nigerian Stock Exchange.

The NSE market capitalisation dropped from N9.009tn recorded on Friday last week to N8.945tn, while the All-Share Index slid to 25,986.81 basis points from 26,170.88 basis points. Read more

Inflation hits 94-month high at 18.3%

Hopes that the country’s inflation rate would moderate as a result of the various intervention programmes of the government were on Monday dashed as the National Bureau of Statistics on Monday announced that the Consumer Price Index, which measures inflation rate, rose to a 94-month high of 18.3 per cent in October.

The 18.3 per cent inflation rate, which is about 0.48 per cent higher than the 17.9 per cent recorded in September, is the highest since January 2009 when the NBS started publishing the revised version of the CPI. Read more

EU seeks stronger economic ties with Nigeria

The European Union says it is committed to ensuring the sustainability of the economic ties between Nigeria and Europe through strategic investment in key sectors, especially the Small and Medium-scale Enterprises.

The Head, EU Delegation in Nigeria, Ambassador Michel Arrion, said this at the fifth EU-Nigeria Business Forum in Lagos. Read more

‘Recession impacting on ground handling operations’

GRound handling firms are under  stress – no thanks to the recession-the Managing Director of Nigerian Aviation Handling Company (NAHCO), PLC, Mr Nobert Bielderman, has said.

Bielderman, at a briefing over the weekend, said the impact of the recession was forcing operators to embark on cost-cutting initiatives to enable them keep their operations afloat, adding that the firm has to diversify its operations to reduce pressure on its core business at a time some airlines are either cutting flights or withdrawing their operations from Nigeria. Read more

Japanese Companies See Opportunities in Nigeria Despite the Economic Headwind

Although Nigeria is in the midst of a severe economic recession, many of Japanese companies are still eager to tap into this attractive market or expand their business here in Nigeria.

Japan External Trade Organisation (JETRO), a Japanese government-related body, which promotes trade and investment between Japan and other nations, just opened the Japan pavilion at Lagos International Trade Fair 2016. This is the third year of participation since 2014. Within the pavilion, which is one of the biggest in the fair, nearly 30 Japanese firms and their local distributors are showcasing their products and technologies to Nigerian businesspersons and citizens through the 10 days event. Read more

Buhari receives economic recovery strategy report

After many months of rigorous planning, President Muhammadu Buhari, yesterday, received the ambitious economic recovery strategy report prepared by his Economic Management Team, EMT, to steer the nation off recession.
The multi-prong strategy, which was prepared by the EMT, in collaboration with the Ministries of Budget and National Planning, Finance, the Presidency and the Central Bank of Nigeria, is to enable the President  appreciate the Economic Recovery and Growth Plan, ERGP, before setting out to present it to Nigerians next month. Read more

Stop Eagles, Cameroonian FA orders Lions

With qualification hopes hanging by a thread following their 1-1 draw against visiting Zambia in  their Russia 2018 World Cup Group B qualifier in Limbe on Saturday, the Cameroonian Football Federation (FECAFOOT)  has declared  Cameroon’s  double-header  against their bitter rivals  Nigeria   next year must-win games.

The Super Eagles  opened  up a four-point lead at the top of the table following their 3-1 defeat of Algeria in Uyo on Saturday. Read more

Onigbinde advises Rohr

Former Super Eagles coach Adegboye Onigbinde has said preparations for Nigeria’s  Russia 2018 World Cup qualifier against Cameroon should begin immediately.

Nigeria will take on Cameroon in August 2017 after grabbing maximum six points from their first two matches in the qualifying series. The  Eagles beat  Zambia 2-1 in their first Group B match in Ndola in October before  defeating Algeria  3-1 on Saturday in Uyo. Read more

Falcons coach backs Falconets to beat Canada

Former Super Falcons coach, Edwin Okon, has tipped the Falconets to bounce back from their 6-0 defeat to Japan in their 2016 FIFA Under-20 Women’s World Cup in Papua New Guinea on Sunday  to beat Canada on Wednesday.

Okon, who led the Falconets to a fourth-place finish at the 2012 edition of the competition, told our correspondent that  Nigeria  lost  to a superior side. Read more

Gold Cup: Enyimba, Pillars, Lobi, to Light up Ijebu-Ode

All is set for the fourth edition of Gold Cup Pre-Season Tournament as clubs have confirmed their participation.

Last year finalists Kano Pillars and Supreme Court will engage eight other clubs in the Nigeria Professional Football League (NPFL), Nigeria National League (NNL) and Nationwide League One (NLO) in a 10-Day soccer fiesta. Read more

300 players for national t’table tourney

Over 300 players are expected to  compete for prizes worth N2.8m at the 2016 National Table Tennis Championships at the National Stadium, Lagos, from November 15 to 19.

The players will compete in  the men, women, boys and girls’ singles,  as well as in the doubles and team events. Para table tennis players will also compete at the event. Read more

Philippines: Senator De Lima admits to affair with ex-driver amid graft, drug scandal

FACED with drug charges, Leila de Lima, a Philippines senator and staunch critic of President Rodrigo Duterte, has admitted to having an affair with her former driver, who is also implicated in allegations surrounding the New Bilibid Prison (NBP) narcotics trade.

According to ABS-CBN News, De Lima yesterday confirmed Duterte’s public allegation that she was once in a romantic relationship with Ronnie Dayan, who allegedly collected millions of pesos in kickbacks for her from the drug trade while she was Justice Secretary. Read more

Symmetrical fault lines on a rolling green hill show where New Zealand’s deadly earthquake began

A single image showing a huge chasm in the earth illustrates just how devastating the New Zealand earthquake was to rural parts of the country.

The photograph shows a crack running through a hill on farmland in Conway, near Kaikoura, following the 7.8 magnitude quake at midnight on Sunday. Read more

Obama says Trump’s temperament ‘will not serve him well’

President Barack Obama questioned his successor’s temperament during a meeting with the press corps on Monday before leaving for Greece, Germany, and Peru – his last trip as president.

Mr Obama was asked his opinion on Steve Bannon’s appointment as Mr Trump’s chief strategist and he responded by saying “It would not be appropriate to comment on every appointment.” Read more

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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