Sabinews Morning News Update for May 12, 2015
Why We Can’t Capture Shekau – Chadian President
Chadian President Idriss Deby has said that lack of synergy between Nigerian military and its Chadian counterpart is responsible for the continued disappearance of wanted Boko Haram leader, Abubakar Shekau, Hausa service of the BBC has reported.
Deby, who stated this after a closed door meeting with President Goodluck Jonathan in Abuja yesterday, said it was regrettable that the two armies, those of Nigeria and Chadian, are working separately in the field, adding that the war against Boko Haram had not yet been totally won because Chad and Nigeria were not working together. Read more
Rivers Election Tribunal to Begin Hearing
Not less than 56 petitions are pending before the Rivers State Elections Petitions Tribunal sitting at Apo in Abuja.
The number, comprising petitions in relation to governorship and legislative elections, is the highest so far in the country. Read more
LUTH doctors, others robbed
Armed robbers struck at the Lagos University Teaching Hospital (LUTH) last Thursday, dispossessing doctors and others of valuables.
Some doctors were in the ARD Lounge, preparing for their examinations while others were relaxing when the robbers struck at about 7.30am Read more
BBOG Group Raises Alarm over Worsening State of IDP Camps
The BringBackOurGirls (BBOG) group has raised the alarm over the worsening humanitarian conditions in Internally Displaced Persons (IDP) camps and settlements in the Federal Capital Territory and other states.
Addressing newsmen on the #BBOGCountdownToMay 29 intiative, a member of the group, Aisha Yesufu, who read the statement signed by the leader of the group, Dr Oby Ezekwesili, stated that there have been reports of the dearth of basic amenities like food, water and shelter in IDP camps and reminded the government that its responsibility does not stop at rescuing citizens from terror as it also includes protecting and taking care of them. Read more
Boko Haram kills two Cameroonian soldiers
Boko Haram’s gunmen at the weekend killed two Cameroonian soldiers in fighting that also left three militants dead, military officers said yesterday.
The clash highlights how pockets of Boko Haram fighters remain active despite progress this year by troops from Nigeria and neighbouring Niger, Chad and Cameroon in breaking the militants’ hold on vast swathes of territory. Read more
Dismissed soldiers seek reinstatement
Soldiers dismissed for their alleged conduct in the anti-Boko Haram war have expressed a desire to be reabsorbed in the Army, saying they were wrongfully sacked in the first place.
In January, no fewer than 227 soldiers protested in Jos after they were reportedly dismissed unjustly from the 3 Armoured Division. The protesting soldiers who could not stomach their plight stormed the Plateau State secretariat of the Nigeria Union of Journalists (NUJ) with placards. They told newsmen there that they were unjustly dismissed and without the benefit of fair hearing. Read more
Zik’s first son, Chukwuma dies in Onitsha
Chief Chukwuma Bamidele Azikiwe, first son of Nigeria’s First Republic President, Dr. Nnamdi Azikiwe, is dead.
Sources close to the family said he died on Sunday at the age of 75 after a prolonged respiratory ailment. Read more
Jonathan hosts last Council of State meeting today
President Goodluck Jonathan will chair his last Council of State meeting today. It is scheduled to hold at the State House, Abuja by 11 am.
The council had last met in February. It consists of the President (as the Chairman), Vice President, all former presidents or former heads of state, all former Chief Justices of Nigeria (CJN), president of the Senate, Speaker of the House of Representatives, all governors and the Attorney-General of the Federation. Read more
INEC Adhoc Staff Protests Non-payment of Allowances
A group of youths who served as ad hoc staff of the Independent National Electoral Commission (INEC) during the general elections in Edo State monday protested over the alleged under-payment of their allowances by the commission.
The aggrieved protesters, many whom wore identity card belonging to the University of Benin, said that they were engaged by INEC as Collation Officers, Returning Officers and Supervisory Officers and decried an alleged plan by the commission to pay them the sum of N35,000 rather than N65,000, which they said was obtainable in other states. Read more
Court Orders Police to Vacate Enugu Assembly Complex
The crisis in Enugu State House Assembly degenerated further monday as the Federal High Court sitting in Enugu ordered the Police to vacate state House of Assembly complex.
The order subsists pending the determination of a suit brought by the Speaker, Eugene Odo, on behalf of 15 members of the House who issued an impeachment notice against Governor Sullivan Chime last week Monday. Read more
Driver Steals Employer’s Car, Blames Evil Spirit for His Action
A driver, Lodi Bamidele who absconded with his employer’s car in Abuja and ran down to Abeokuta, Ogun State, has confessed that it was his second time of stealing his employer’s car.
Bamidele, 23, was arrested in Abeokuta by the Special Anti Robbery Squad (SARS) of the police in Lagos State for absconding with a Honda Accord (End of Discussion) with registration ABUJA GWA 675 CW belonging to his employer identified by him as one Mr. Yakubu Mohammed Jabo, said to be an employee of Nigeria National Petroleum Corporation NNPC. Read more
NECO denies report of exam irregularities
National Examinations Council (NECO) has denied the report published in last Tuesday of Daily Sun, which alleged that the recently concluded 2015 National Common Entrance Examination (NCEE) was marred with irregularities.
A statement issued by the council and signed by its Head of Information Division, Azeez Sani, described the report as completely unfounded. Read more
Selling banned drug is big business –Suspect
Niger State Command of the National Drug Law Enforcement Agency (NDLEA) has seized 702.6 kilogrammes of drugs between January and last month. A suspect admitted that selling banned drug is big business for him. He said with the proceeds, he married three wives.
The Commander, Mr. Joseph Iweajuanwa, told Crime Watch Today in Minna, that 638.87 kilogrammes of the seizure were cannabis, 11.7kilogrammes were dizapham, 23.03 kilogrammes were tranagol while 29.26 kilogrammes were cough syrup with codeine. Read more
NMRC Embarks on First N10bn Transaction
The Chairman of the Nigeria Mortgage Refinance Company (NMRC), Professor Charles Inyangete was all smiles when he announced that “this month, we are doing the first refinancing of the existing mortgages in the market, what we call the legacy loans that is N10 billion transactions. They involve about 2,600 loans that are already in the market and that is the first and the kickoff by the firm.”
Inyangete, who hosted a public awareness and capacity building workshop in Ikoyi, Lagos, recently said this transaction is being undertaken by the NMRC through eight mortgage institutions, he said and that there are 20 of such lenders in the country with more being expected to join them. Read more
Transcorp Shareholders Approve Dividend
Transnational Corporation of Nigeria Plc held its Ninth Annual General Meeting at the Congress Hall of the Transcorp Hilton Abuja. Shareholders approved the annual account and the re-appointment of retiring Board Members.
In his address, Chairman of the Board of Directors Tony O. Elumelu, CON, highlighted the operational excellence that has guided Transcorp’s turnaround from takeover in 2010, to super performer in the years following under the current leadership, indicating that gross earnings increased from N18.8 billion to N41.3 billion, a reflection of the first full year of earnings from the power business. Group operating profit also grew from N10.2 billion to N13.6 billion in 2014. Read more
Bearish Trend Continues As NSE Index Drops 0.13%
In line with trends observed in the past week, negative sentiments continue to trail equities on the floor of The Nigerian Stock Exchange (NSE) on Monday when profit takers refused to give up their hold as key market indicators, the All-Share Index and Market Capitalisation, declined by 0.13 percent each.
The All Share Index went down by 46.33 basis points or 0.13 percent to close at 34,341.88 points as against 34,388.21 points recorded on Friday, while market capitalisation depreciated by N15.732 billion to close at N11.662 trillion compared with N11.678 trillion recorded the previous trading day. Read more
Oil and Gas
Mixed reactions trail proposal to sell 30% JV assets
Mixed reactions have followed the advice given by Governor of the Central Bank of Nigeria, CBN, Mr. Godwin Emefiele, to the President-elect, Gen. Muhammadu Buhari, over the sale of about 30 per cent out of the 55 percent stakes held by the Federal Government in Nigeria’s Joint Venture, JV operations with international oil companies, IOCs, to enable the new government raise funds for developmental purposes. Read more
Revenue woes heighten as traders shun Nigeria’s crude
Nigeria’s dwindling revenue is set to worsen, as international crude oil traders have shunned the country’s export of Bonga crude oil grade for the months of May and June 2015, making it difficult for the country to find buyers for the product and putting the price of the commodity under pressure. According to a report by Platts, the differentials for Nigerian crude grade, Bonga, are sliding due to the accumulated oversupply from the May and June program ahead of the release of the new July program this week. Read more
Cost of NLNG’s Train 7 to go up
The cost of building the Nigeria Liquefied Natural Gas Limited’s (NLNG) Train 7 will be reviewed upwards to match realities whenever the final investment decision (FID) on the project is due as a result of delay, it was learnt.
F1D is a business plan or strategy, through which gas producing and exporting countries such as Nigeria sell gas to its buyers abroad. Read more
Hope rises as oil price exceeds $65
There is hope for African oil producers, especially Nigeria whose economy’s mainstay is oil, as prices jumped to $65.53 per barrel (bbl) last weekend.
The price is expected to hit $70 a barrel in the near future if the market continues to go south. The development, which is the first since June, last year when the price of crude oil fell from a high of $115 per barrel to as low as $43 per barrel, will boost earnings of oil producing countries. Read more
Oil price crash takes toll as firms cut pay, jobs
Some servicing companies are slashing workers’ salaries because of paucity of funds. Others are retrenching.
Besides, many have placed an embargo on employment following the rising cost of operation. Read more
Power generation capacity hits 6,000Mw, says Sambo
Vice President Namadi Sambo yesterday said the Nigeria Electricity Supply Industry (NESI) now has 6000megawatts (Mw) generation capacity.
Speaking during the inauguration of the 330/132KV Transmission Substation in Gwagwalada, Abuja, he confirmed the position of the Minister of Power, Prof. Chinedu Nebo, that were it not for gas challenge, the electricity market can generate 6,000M. Read more
Pipeline Vandalism, Oil Theft Bane of Electricity Generation
Vandalisation of petroleum and gas pipelines across the Niger Delta area is arguably one of the menaces that have robbed the country enormous resources in term of oil theft, oil spill and low electricity generation.
Recently, the minister of power, Prof. Chinedu Nebo, lamented that the Federal Government spent an average of about N120m monthly, totalling N1.5b annually to repair power and gas lines destroyed by vandals across the country. Read more
Sam Allardyce to reject West Ham contract
Sam Allardyce will reportedly walk away from West Ham United this summer despite the possibility of a new contract
The 60-year-old’s current deal runs out in the summer and the club has been heavily linked with the likes of David Moyes and Jurgen Klopp. Read more
Dream Team VI to Resume Camp May 25
The Media Officer of Nigeria’s Under-23 male football team, Timi Ebikagboro, yesterday in Abuja confirmed that the team’s players would resume camp on May 25.
He said that the Dream Team VI would be resuming ahead of the qualifiers for the Men’s Football Tournament of the 2016 Olympic Games scheduled for Rio in Brazil. Read more
UAE Athletics Hails AFN over World Relay Gold
The President of United Arab Emirates Athletics Federation, Ahmad Al Kamali, has sent messages of congratulation to the Athletics Federation of Nigeria (AFN) on its success at the just concluded IAAF World Relays in Nassau, Bahamas.
In a letter addressed to the President of the AFN, Chief Solomon Ogba, Al Kamali, also an IAAF council member, described the feat of the quartet that won the gold medal in 4x200m as a wonderful achievement. Read more
NFF lines up Cameroon, Ghana for Falcons
The Nigeria Football Federation (NFF) has announced they are in talks with Cameroon, Cote d’Ivoire and Ghana over for friendly matches against World Cup-bound Super Falcons.
The move according to NFF general secretary Sanusi Mohammed is to help put the African champions in shape for next month’s World Cup in Canada. Read more
Bayelsa Sacks Ogbeide
Nigeria Premier League side, Bayelsa United, has sacked Coach Solomon Ogbeide over the team’s poor performance in the league.
Coach Ogbeide thus became the first coach to be sacked in the eight weeks old season. Read more
FIFA U-20 WORLD CUP: Final squad list: Tension in Flying Eagles’ camp
Anxiety has engulfed the atmosphere at the Flying Eagles’ camp in Nurnberg, Germany, ahead of Coach Manu Garba’s announcement of the final list of 21players that will represent Nigeria at the FIFA U-20 World Cup billed to kick off on May 30 in New Zealand.
Captain of the national U-20 team, Musa Muhammed, who confirmed the development said all the players have been gripped by suspense following the coach’s constant declaration that no player is guaranteed automatic shirt in his final squad list. Read more
Onigbinde raps NFF over technical department
Ex-FIFA Instructor, Adegboye Onigbinde, has expressed serious anger over the failure of the Nigeria Football Federation (NFF) to finalise the setting up of an operational technical department, urging stakeholders to blame the administrators for the problems of Nigerian football.
The furious Onigbinde, who spoke to journalists during the opening ceremony of the ongoing CAF C-License Coaching Course for Nigerian coaches in Abuja, lamented that the NFF technical department is wholly incompetent to spearhead the country’s football development campaign. Read more
All African Games: Boxers camp to open in June, says coach
Tony Konyekwachi, the national boxing coach, says the Nigeria Boxing Federation (NBF) will in June call to camp boxers craving to represent the country at the 11th All African Games (AAG).
Konyekwachi in Lagos on Monday said that the camp would be opened to all boxers nominated by state boxing associations based on their current form. Read more
Falcons’ll Leave for Canada May 20 –Onyedinma
Nigeria Football Federation (NFF) Executive Committee member, Dilichukwu Onyedinma, has revealed that the Super Falcons will travel to Canada for the 2015 FIFA Women’s World Cup on May 20th.
According to Onyedinma, arrangements have been formalised for the team’s departure. Read more
Iheanacho to Battle Aguero for City Shirt
Nigeria starlet, Kelechi Iheanacho, has turned down a chance to go on loan from top English Premier League side Manchester City, preferring instead to battle the likes of Sergio Aguero and Edin Dzeko for a first-team place at Etihad.
An inside source at City told AfricanFootball.com Iheanacho, who has been granted work permit in the United Kingdom, was given the option to go on loan so as to play regular first-team football and then return to the club a lot more experienced. Read more
Fears up to 6,000 south-east Asian asylum seekers are abandoned at sea
As many as 6,000 migrants in south-east Asia may be trapped at sea in crowded, wooden boats, and activists warn of potentially dangerous conditions as food and clean water runs low.
Even though hundreds of migrants abandoned at sea by smugglers have reached land and relative safety in the past two days, thousands of Bangladeshis and Rohingya Muslims from Burma are believed still at risk. Read more
King’s Absence at Meeting Signals a Saudi-U.S. Marriage Adrift
The decision by King Salman of Saudi Arabia to skip a summit meeting called by President Obama reflects a new reality for two nations that for generations shared goals in the Middle East but that are now at odds in fundamental ways.
Both countries insisted on Monday that the king’s absence was not a snub, even as it was hard to ignore four powerful factors that have led to rising tensions between the two nations: the administration’s pursuit of a nuclear accord with Iran, the rise of the Islamic State in the region, the regional unrest that came to be known as the Arab Spring and the transformation of world energy markets. Read more
Picasso’s Women of Algiers smashes auction record
Picasso’s Women of Algiers has become the most expensive painting to sell at auction, going for $179.3m (£115m) at Christie’s in New York.
Eleven minutes of prolonged bidding from telephone buyers preceded the final sale – for much more than its pre-sale estimate of $140m. Read more
Nepal quake damage ‘more than annual budget’ – minister
The earthquake in Nepal has had a tragic human cost and now the country is faced with a huge reconstruction bill as well.
Nepal’s Minister of Commerce and Supplies told Rico Hizon on the BBC’s Asia Business Report that the economic cost could be more than the entire annual budget. Read more
Soccer Star Cristiano Ronaldo Gives Millions to Nepal Earthquake Relief
Cristiano Ronaldo is an expert at striking fear into the hearts of defenders, but off the soccer pitch he’s proved time and again that he’s one of the nicest guys in sport. And the superstar did so yet again recently, donating nearly $8 million to help global charity Save the Children carry out their earthquake relief efforts in Nepal.
French magazine So Foot reported that Ronaldo donated €7 million (or $7.8 million) to the charity, because he wears no. 7 for his club Real Madrid and country Portugal. He also urged his 102 million Facebook followers to donate as well, according to Sports Illustrated. Read more
Briton accused of killing Kenyan girlfriend denied bail, remanded till November
A Briton accused of murder following the death of his diabetic university girlfriend has been denied bail and will remain in remand until his case comes up for mention.
Carl Singleton who is accused of causing the death of his University of Nairobi girlfriend Peris Agumbi, was denied bail on the grounds that he is a flight risk. Read more
Turkish cargo ship attacked off Libyan Coast
The attack was the latest episode of violence among armed factions within Libya spiraling out to harm foreigners or their interests. Read more
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