Sabinews Daily Morning News Update for November 14 2014MORNING NEWS


National News


Suspected Suicide Bombing Averted in Minna

Following the recent trend of female suicide bombers in the northern part of the country, an attempted attack on the Maryam Babangida Girls’ Science College, Minna, Niger State, by two unidentified men dressed like women was foiled on Thursday by a member of staff of the school.

According to a teacher in the school who spoke with THISDAY, a female teacher was walking through a footpath leading to the school in the early hours of the day when she perceived the smell of Indian hemp and stopped to look around. Read more

Tambuwal Confirms Collection of Presidential Nomination Form

The Speaker of the House of Representatives, Hon. Aminu Tambuwal, confirmed yesterday that he had picked up his presidential nomination and expression of interest forms to vie for the presidency on the platform of the All Progressives Congress (APC).

Confirming the development, his spokesman, Imam Imam, said the speaker’s political associates bought the nomination form for him. Read more

FG, bank chiefs in crucial talks over revenue scare

The Federal Government has held talks with Nigerian banks on ways of plugging revenue leakages in the system and ensuring that the nation is not plunged into indebtedness by arbitrary lending to sub-nationals.

The talks focused on ensuring that all revenues due government are remitted and that going forward, any lending to subnational entities must pass through the ministry of finance for approval. Read more

Jonathan Meets NIPSS on Industrial Harmony

President Goodluck Jonathan on Thursday met with members of National Institute of Policy and Strategic Studies (NIPSS), led by the Director General, Prof. Tijjani Muhammed, where the way forward on labour matters was discussed.

The report on the 36th course of NIPPS was equally submitted to Jonathan. Read more

Muslims urged to participate in 2015 elections

Muslims across the country have been urged to exercise their franchise at the upcoming general elections in 2015.

The Muslim Rights Concern (MURIC), which made this call recently also tasked the Independent National Electoral Commission (INEC), to urgently correct errors in its calculations and submissions towards the collection of voters cards. Read more

Dismissed policeman accused drawing pay from 15 commands

The Nigerian Police authorities have told a Federal High Court sitting in Lagos, that a dismissed police officer, Victor Afam Banor, had been earning salaries from 15 different police commands.

The dismissed officer was alleged to have stolen N20 million meant for salaries of officers of Enugu State Police Command. Read more

Banks close shop in Akure over robbery scare

Banks in Akure, the Ondo State capital, hurriedly closed shops yesterday, following rumours of impending robbery across the state.

Commercial activities were completely paralyzed for hours as the news spread like wild fire. Read more




FG, Banks Push for Creative Management of the Economy

In the face of falling oil prices, the federal government and banks in the country have agreed to adopt resourceful measures in the management of the country’s economy.

Both parties on Thursday agreed to sensibly work together in managing key economic issues that include lending money to states and local governments as well as indebtedness of sub-national entities. Read more

Worthy initiatives from Agric Ministry

The Federal Government recently took a giant step towards increased mechanization of agriculture in the country with the flag-off of the innovative Agricultural Equipment Hiring Enterprises (AEHEs), and the commissioning of 100,00 metric tons silos, the largest in West Africa. The Minister of Agriculture and Rural Development, Dr. Akinwunmi Adesina, at the formal launch of the initiatives at Sheda, in the Federal Capital Territory, Abuja, said they were part of the government’s plans to remove the drudgery in manual farming, and further consolidate the impressive increase in food production in the country under the Goodluck Jonathan administration. Read more

CBN ranks Anambra 2nd in microfinance banking

The Central Bank of Nigeria (CBN) has disclosed that Anambra State currently ranks second in the list of states with highest number of Micro Finance Banks (MFBs) in the country even as the Oko Micro Finance Bank launched its new branch.

Speaking in Oko during the commissioning of the new branch of Oko Micro Finance Bank, a Director at the CBN, Enugu branch, Mr. Ogadi Mmeka, disclosed that apart from Lagos State which has the highest number of banks, Anambra State ranks second. Read more

Apapa Port Reopens, Operators Count Losses

Nearly two weeks after the Nigeria’s premier port, Apapa Quay, was shut down by irate freight forwarders over outrageous charges, the port has been re-opened for business.

The re-opening of the port is coming exactly nine days after it was  shut down by licensed customs agents, even as over N35 billion was lost as revenue that would have come into the  economy. Read more


Oil and Gas


Shell admits to misjudging Nigeria oil spill

International oil giant Royal Dutch Shell has admitted that the 2008 Oil spills in Bodo, Nigeria were larger than initially anticipated.

In the run-up to a high-profile compensation case in England’s High Court, the Anglo-Dutch company announced on Thursday that the two spills had been far greater than the previously believed figure of 4,144 barrels. However Shell did not give a revised figure. Read more

Bodo Lawyers Meet Shell Reps Over Oil Leak ‘Catastrophe’

British lawyers representing a Nigerian community allegedly blighted by oil pipeline leaks said yesterday that they would meet industry giant Shell in a bid to reach agreement.

A legal action has been brought against Shell in relation to claims by 15,000 residents of the Bodo community in Nigeria’s Niger delta after two major pipeline leaks in 2008. Read more

Falling Oil Prices: Expect impact from this month, Okonjo-Iweala warns

The Federal Government, yesterday, warned that Nigeria, will from this November, begin to feel the impact of the declining price of crude oil in the global market.

Speaking at the Institute for International Finance’s 2014 Africa Financial Summit in Lagos, hosted by Access Bank Plc, Dr. Ngozi Okonjo-Iweala, Minister of Finance and Coordinating Minister of the Economy disclosed that event unfolding over the last couple of weeks have cast a shadow over the global economy, especially Nigeria and other African countries. Read more

FG to pay oil marketers N100bn debt

To avert possible fuel scarcity that often characterises end of year festivities, the Federal Government has announced that it will pay the outstanding debts owed petroleum product marketers by the end of this month.

The marketers have been complaining that they are grappling with heavy debts due to the refusal of the Federal Ministry of Finance to pay them their outstanding verified subsidy claims and importation costs. Read more


World News


G20 summit: World leaders gather in Brisbane

World leaders are arriving in Australia for this weekend’s G20 summit in the Queensland city of Brisbane.

The two-day summit, attended by the US, Chinese and Russian leaders among others, will focus on promoting growth. Read more

U.S. defense secretary to announce nuclear operations overhaul

U.S. Defense Secretary Chuck Hagel will announce on Friday a comprehensive plan to reform U.S. nuclear operations based on two reviews he ordered after a series of incidents involving nuclear personnel, two defense officials said.

“While our nuclear arsenal remains safe, secure and effective today, the reports tell us we must take action now in order to ensure that remains the case in the future,” the officials said on Thursday night. Read more

Car Bombs Target Egyptian, UAE Embassies in Libya

Car bombs went off outside the Egyptian and United Arab Emirates embassies in the Libyan capital on Thursday, causing some damage to the long-shuttered buildings but no casualties, officials said.

The near-simultaneous explosions rocked the upscale neighborhood housing foreign missions, said the officials, who spoke on condition of anonymity because they were not authorized to talk to media. Read more

Liberia President to End Ebola State of Emergency

Liberia’s president said Thursday she is lifting a state of emergency imposed to control an Ebola outbreak that has ravaged the country, as Mali reported a fourth person now believed to have died of Ebola in its capital.

Also Thursday, Doctors Without Borders announced that accelerated clinical trials will be launched in West Africa to speed the search for a treatment for the virus that has killed more than 5,000 people. Read more




Senate Passes Bill to Salvage Nigeria’s Football Sector

With the passage of a bill seeking to salvage the troubled Nigeria’s football sector, the Senate yesterday successfully repealed the Nigeria Football Association Act 2004 with the provision of two terms of eight years for the chairman of the football body.

Tagged NFF Act 2013, the bill which was both a repeal of the old law and an enactment of a fresh one was meant to sanitise the decay in the administration of football in Nigeria. Read more

Appeals C’ttee decision might draw FIFA ban – Amun

Former Acting Secretary-General of the Nigeria Football Federation (NFF) Fanny Amun has warned that the decision of the Appeals Committee into the last elections of the NFF that produced Amaju Pinnick as President might draw a FIFA ban.

The Appeals Committee, chaired by Barr. Okey Ajunwa, has been sitting in Abuja. But speaking yesterday in an interview with Sports Vanguard, Amun, a former Golden Eaglets coach said that it was curious that some persons were bent on drawing back the hand of the clock. Read more

My Club Monitors Me Anytime I Come for Eagles – Enyeama

Super Eagles captain, Vincent Enyeama, has revealed that his French club, Lille, monitors him for three weeks for Ebola Virus Disease every time he returns from international duty.

“My club monitors me for three weeks any time I return from Nigeria because of Ebola and nobody wants to sit around you or shake you,” said Enyeama. Read more


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