SABINEWS MORNING NEWS UPDATE FOR AUGUST 8, 2016
Jonathan alleges assassination plot, says Okah after his life
Former President Goodluck Jonathan has raised the alarm that his life is under threat.
Jonathan said a list, which named him and other South-South leaders as Niger Delta Avengers sponsors, was another attempt by a group, Movement for the Emancipation of Niger Delta, to eliminate him.
A group, which split from the NDA – Reformed Niger Delta Avengers – had named Jonathan as the grand patron of the NDA. Read more
Troops recover militants’ pictures, register in Arepo creeks
The military at the weekend made major recoveries in its ongoing operations to flush out militants from Lagos and Ogun Creeks from where communities are being attacked.
The ground forces which moved into the creeks after the Air Force bombardments, have recovered pictures and a register containing names of suspected militants. Read more
PDP chair: Bode George, Agbaje divide governors
Governors of the Peoples Democratic Party are said to be sharply divided on whether to support Chief Bode George or Mr. Jimi Agbaje for the position of the national chairman of the party, investigations by our correspondent have revealed.
George, who is believed to be the political godfather of Agbaje, had paid the mandatory N1m and had therefore picked his Expression of Interest form at the party’s temporary headquarters in Abuja on Thursday. Read more
Govs close to Dogara blocking me from meeting Buhari –Jibrin
A former Chairman, House Committee on Appropriation, Mr. Abdulmumin Jibrin, on Sunday said two state governors and three former members of the House of Representatives were blocking him from meeting President Muhammadu Buhari.
He added that the action was part of a perfected plot to provide a soft landing for Dogara. Read more
Military operations in Niger saved many lives – Army
THE General Officer Commanding 1 Division of the Nigerian Army, Maj. Gen. Adeniyi Oyebade, on Sunday said the operation of the military in Kpaidna and Gagaw villages of Bosso Local Government Area of Niger State had helped to save the lives of thousands of people.
The GOC said if the weapons recovered in the community by the military had found their way outside the state, a lot of lives would have been lost. Read more
Reps seek more oil blocs for N’Delta indigenes
The House of Representatives’ Ad hoc Committee Responsible for Investigating Holders of Oil Mining Leases and Oil Prospecting Licenses in Nigeria has insisted that more oil wells be allocated to Niger Delta indigenes.
It stated that if some of the oil blocs that were illegally acquired in the region were relinquished, there would be more opportunities for indigenes in the area. Read more
‘Charge alleged militant to court’
A foremost Niger Delta rights activist, Mr. Alagoa Morris, has asked the Department of State Services to charge an alleged militant, Mr. Jones Abiri, to court to prove his innocence instead of keeping him in its dungeon.
Abiri, a journalist, is the publisher of Weekly Source Newspaper, a Bayelsa State-based local tabloid. Read more
Oloyede will revolutionise JAMB – Okebukola
A former Executive Secretary of the National Universities Commission, Prof. Peter Okebukola, says the Joint Admissions and Matriculation Board is in for a positive revolution with the appointment of a former Vice-Chancellor of the University Of Ilorin, Prof. Is-haq Oloyede, as its new registrar.
The Federal Government appointed Oloyede last week to replace Prof. Dibu Ojerinde, who was jamb Registrar for about nine years. Read more
Parents kick as FG hikes unity schools’ fees
The National Parents and Teachers Association of the Federal Government Colleges has protested against the increase in the school fees of unity schools by the Federal Government, describing it as “commercialisation of education.”
The organisation warned that the new fees, if not reversed, would force parents to withdraw their children from the unity colleges. Read more
Budget padding is corruption, SERAP tells Dogara
A rights advocacy group, Socio-Economic Rights and Accountability Project, has countered the argument by the Speaker of the House of Representatives, Mr. Yakubu Dogara, that “budget padding” is not a known crime under any Nigerian law.
Dogara had been in the eye of the storm since the removed Chairman of the House Committee on Appropriation, Abdulmumin Jibrin, accused him and three other principal officers of the House of padding the 2016 to the tune of about N400bn. Read more
Wike, IYC disown Niger Delta Avengers
Who are the sponsors of the Niger Delta Avengers (NDA) militants blowing up oil installations and facilities in Niger Delta? The sponsors’ identities remained shrouded in secrecy yesterday as those linked to the group denied having anything to do with it.
Rivers State Governor Nyesom Wike and the Ijaw Youth Council (IYC) dismissed claim that they were behind NDA. Read more
Katsina emir urges support for Buhari
Emir of Katsina, Alhaji Abdulmumini Usman, has called on people from the northern part of the country support President Muhammadu Buhari’s government instead of joining those criticising it.
The monarch made the call on Saturday at the launch of a book titled “Limamin Kano Muhammadu Zaharaddeen Dynasty” written by Mallam Aminu Abdullahi, a former General Manager of the Katsina State Radio. Read more
APC raises N121m from Ondo gov aspirants
The All Progressives Congress has made no less than N121m from governorship aspirants in Ondo State, estimates made by The PUNCH have showed.
As of Friday when collection of the Nomination and the Declaration of Interest Forms by aspirants closed, 23 of them, including a female, had picked the forms. Read more
Ekiti doctors begin warning strike
Doctors at the Federal Teaching Hospital, Ido Ekiti, will begin a three-day warning strike today (Monday) over the failure of the management to pay full salaries to their members, among other issues.
The Chairman of the Medical and Dental Consultants’ Association of Nigeria, Ekiti branch, Dr Timothy Olajide, said the warning strike became inevitable after the expiration of a 14-day ultimatum issued to the management. Read more
LASACO pays N142m claims to dead workers’ families
LASACO Assurance Plc has paid N142 million to families of dead workers of the Lagos State Government as insurance claims, the Deputy Managing Director, Rilwan Oshinusi has said.
In a statement in Lagos, he said no fewer than 71 families benefited from the Lagos State Group Life/Group Personal Accident Insurance Scheme insured by LASACO Assurance Plc last month. Read more
PPA, APGA woo Edo voters
Ahead of the September 10 governorship election in Edo State, the Progressive Peoples Alliance has assured residents in the state that it would provide the change they have always desired, if elected.
The National Vice Chairman (South) of the party, Eddy Okonkwo, disclosed this during a campaign by the party’s candidate, Thomas Sadoh, in Benin, the state capital. Read more
No room for criminals in Ondo – Army
The Commander of the 32 Artillery Brigade, Brigadier-General Charles Ofoshe, has declared that the Nigerian Army is battle-ready for criminals in the state, saying criminals will be fished out of their hideouts.
He also said the military and other security agencies would continue to protect the lives and property of the people of the state. Read more
NIS warns Lagosians against harbouring illegal immigrants
The Lagos State Command of the Nigeria Immigration Service has warned residents of the state against harbouring illegal immigrants in their homes, saying it is against the law.
The Comptroller, NIS, Lagos State, Mrs. Clara Okojie, gave the warning during the recent repatriation of 29 illegal immigrants from the state. Read more
Obiano’s wife joins ‘no genotype test, no wedding’ campaign
Mrs. Ebelechukwu Obiano, the wife of the Anambra State Governor, Chief Willie Obiano, has joined the campaign on genotype test before wedding in the state.
The policy was inaugurated by her husband in July.
The governor had said he would involve churches in the state to make the policy work because of the institutions’ involvement in marriages. Read more
Why we shut defective Apapa-Ijora bridge – FG
The Federal Government, yesterday, announced plans to shut indefinitely the collapsing Ijora-Apapa Bridge to traffic for palliative work to be carried out from today, saying the measure became necessary in order to save lives and property.
The Minister for Power, Works and Housing, Mr. Babatunde Fashola, who made the remark at a stakeholders’ consultative meeting on the defective bridge at Apapa, Area “B’ Police Command, said that access to Apapa, Nigeria’s premier port city. Read more
Ogun farmers accuse land grabbers of encroachment
Land grabbers and sand diggers have reportedly taken over a larger part of the 7,000 hectares of government’s farm settlements in the Ifo Local Government Area of Ogun State.
Coker Farm Settlement, which was established by late Chief Obafemi Awolowo, is one of the eight farm settlements inherited by the Ogun State Government from the old Western Region. Read more
I ate bitter leaves, slept on floor – Lagos monarch …we collected N15m ransom – Suspects
The Oniba of Iba community, Oba Goriola Oseni, who regained his freedom from kidnappers on Saturday, says he ate concoction prepared with bitter leaves while in captivity.
The monarch told PUNCH Metro in his palace on Sunday that he slept in a shanty built on water during the 21 days he was in captivity. Read more
Ogun residents flee communities as cultists mark anniversary
Residents of Fakale, Igode and Emuren communities, in the Sagamu Local Government Area of Ogun State have started fleeing their homes.
PUNCH Metro learnt that the residents were afraid over the reports that suspected cult members of the Eiye Confraternity planned to unleash mayhem during their anniversary on Monday (today). Read more
Generator fumes kill policeman, NSCDC lover
Generator fumes on Saturday killed a man identified by his neighbours as a policeman, and his lover, suspected to be a member of the Nigeria Security and Civil Defence Corps in Anambra State.
The name of the policeman could not be ascertained as of press time, but his lover’s name was given as Ifeoma. Read more
NNPC revenue target down by 37.64 per cent
The Nigerian National Petroleum Corporation (NNPC) failed to make its projected estimates in May and June.
According to its monthly reports obtained by our correspondent, the oil giant realised N142.53 billion in May and N118.39 billion in June, representing a loss of 45.32 per cent of the projected income for May and 37.64 per cent loss for June. Read more
We’re not in dialogue with FG –Militants
The militant group, the Adaka Boro Avengers, has called on multinational oil companies working in the Niger Delta to steer clear of the area until the Federal Government decides on the modalities for peace in the area.
The group also denied claims by the government that it was in dialogue with them on how to return peace to the area. Read more
U.K.’s non-oil exports to Nigeria may hit N2.93t
The United Kingdom (U.K.) non-oil exports to Nigeria may hit £7.1 billion about (N2.93 trillion), by 2030, up from £1.9 billion, (about N795 billion) in 2014, a new report has said.
The report titled: Seizing the opportunity: An economic assessment of key sectors of opportunity for U.K. business in Nigeria, estimated that U.K.’s Foreign Direct Investment (FDI) footprint in Nigeria could increase to £4.5billion from £1billion over the same period. Read more
JV funding swallows government oil revenues
To show its commitment to treating Joint Venture (JV) funding as a first line charge, the Federal Government deployed almost 100 per cent of its revenue earnings to JV Cash Calls (JVCC) in the last one year.
For instance, the Federal Government recorded a total export crude oil and gas revenue of $3.42 billion for the period of July 2015 to June 2016, out of which the sum of $3.41billion was transferred to JV Cash Call in line with 2016 Approved Budget. Read more
Dangote to commence coal mining in quarter 4
Dangote Cement Plc, a subsidiary of Dangote Group, has disclosed plan to commence mining its own coal at Ankpa, Kogi State by fourth quarter of the year. The company also said that due to acute gas shortages in the country following disruptions occasioned by militancy in the Niger Delta region, it has switched its plant lines to coal to minimize cost and increase margin.
The Group Chief Executive officer, Mr. Onne van der Weijde, made the disclosure while addressing stockbrokers at the company’s Facts Behind Figures on the Nigerian Stock Exchange, NSE,. He assured that the quality of the coal to be mined by the company would be of high quality and good enough to be used 100 per cent without blending. Read more
How Kwara can become financially independent through non-oil export
A large number of states in Nigeria are running on avoidable deficits due to overdependence on centrally allocated crude-oil dependent revenues. Many of the state governments came into power with the mindset of getting monthly allocation from the federation account but the decline in the oil price and the lingering slowdown due to destruction of oil pipeline and installations have dashed many hopes. Unpaid salaries, uncompleted and abandoned projects and many socio-economic and political challenges are many states due to paucity of funds.
In this article, I will be focusing on how Kwara State can become financially independent through aggressive drive for non-oil exportation. According to BudgIT, Kwara is among the states in Nigeria that is running at a huge deficit. This is because the total income realisable from both the internally generated revenues and the federal allocation are grossly inadequate to meet the recurrent expenditure talk less of the capital expenditures. Read more
NAICOM warns against sale of International Energy Insurance’s asset
The National Insurance Commission (NAICOM) has advised the interim management of the International Energy Insurance (IEI) Plc to suspend the proposed sale of the company’s main equity stake in IEI Anchor Pensions Limited.
The interim management had planned to sell IEI’s investment in IEI Anchor Pensions Limited, quoting that the operational guideline of the NAICOM prohibits investment of greater than 25 per cent of proceeds from a private placement or public offer in a non-insurance asset. Read more
CBN guidelines on Savings Accounts
The Central Bank of Nigeria (CBN) last week made a far-reaching decision in the payment system when it gave approval for bank customers to make cheque deposits into their savings accounts.
The approval is one of the four new guidelines by the apex bank for the banking sector, currently facing serious liquidity problems that have made their profits dip considerably in recent times. Read more
Notore denies security threat, economic sabotage allegations
Notore Chemical Industries, yesterday denied involvement in activities which sabotage Nigeria’s security and economy.
Apparently responding to statements credited to the Office of the National Security Adviser (ONSA) in the media last week, the firm said the allegations do not represent the character and operation of its business.
In the publications, Notore is alleged to be sabotaging Nigeria’s national security and economy by being a conduit for explosive materials as well as being“unpatriotic.” But Notere, in it statement said: “Notore has not been, isnot, and has no intention . Read more
AMCON recovers over N2tr bad debts
The Asset Management Corporation of Nigeria (AMCON) said it has recovered more than N2 trillion of the N3.7 trillion debts it bought over, representing about 56 per cent settlement rate.
Of the amount recovered, N644 billion is cash, while the balance are tangible assets.
However, it noted that the balance and a N2.2 trillion “financial accommodation” it borrowed as a buffer against inflationary trend and capital gains have been impacted by the lingering economic challenges. Read more
UK firm to certify agric exports
A United Kingdom-based GLOBALGAP Licensed Farm Assurer, Best Produce International (UK) Limited, has launched a programme to facilitate the certification of agricultural exports under the Global Good Agricultural Practices (GLOBALGAP Standard).
GLOBALGAP standard, formerly known as Eurepgap, is an integrated farm assurance process used in EU countries, United States and other parts of the international markets to serve as a business to business tool and it is a private commercial certification process for export of agricultural produce to EU countries. It is a producer export tool to suppling to top supermarkets throughout Europe and Walmart Group in USA. Read more
‘Sugar import bill down to $80m’
The sugar sector’s import bill fell to $80.2 million by the end of last year as its production capacity appreciated to 15,000 MT, National Sugar Development Council (NSDC) has said.
It said production capacity of sugar firms rose from 12,345 metric tons (MT) in 2014 to 15,000 MT last year, just as the value of sugar import fell from a record $632.72 million in 2014 to $552.54 million by the end of last year. Read more
‘Nigeria’s inflation rate may hit 17.35%’
The National Bureau of Statistics (NBS) is expected to announce the sixth consecutive spike in inflation rate next week, according to analysts at FSDH Merchant Bank.
In a preview of the inflation report expected to be released on August 18, 2016, analysts at FSDH Merchant Bank said year-on-year inflation rate could rise to 17.35 per cent for the month of July, from 16.48 per cent recorded for the month of June 2016. Read more
Stock Exchange warns 62 firms
Authorities at the Nigerian Stock Exchange (NSE) have placed 62 companies under caveat with various tags, drawing investors’ attention to underlying inadequacies in their operations.
A list of the companies marked out for corporate governance issues by the NSE indicated that the 62 firms have subsisting deficiencies, representing about 35 per cent of the 178 companies listed on the three tiers of the Exchange. Read more
Dollar scarcity: Local meter producers may close shop
Following the privatisation of the power sector in November 2013, local meter manufacturing firms were buoyed up by the huge metering gap in the country, and invested to ramp up their capacity with the expectation of meeting the demand.
But today, that optimism is being dampened, with a number of them teetering on the brink of collapse as the severe foreign exchange shortage in the country has compounded their problems. Read more
Dangote commences construction of concrete roads in states
Dangote Industries Limited has announced the commencement of the construction of concrete roads in various states across the country, particularly in Lagos, Bauchi, Kogi, Kaduna and Ogun states.
“We are very happy at the moment. We can categorically state that we are in more than five states across the country already constructing roads. The reception has been wonderful. State governments are beginning to see the need to embrace concrete roads and we are very happy at the way things are currently going,” the company said. Read more
Govt undermining domestic airlines, say operators
The Airline Operators of Nigeria has said domestic carriers are being undermined by the government through lack of support for their operations.
The Chairman, AON, Capt. Noggie Meggison, said in a statement that while foreign exchange was regularly being allocated to importers of petrol at N285 per dollar, domestic airlines received no such support from the government. Read more
Samsung unveils Galaxy Note7
Samsung Electronics has unveiled the Galaxy Note7 and said that the smartphone struck a balance between work and play, “enabling people to achieve more than what they thought possible on a smartphone.”
The President of Mobile Communications Business, Samsung Electronics, D.J. Koh, said that the new Galaxy Note7 featured a water-resistant body and Stylus pen, “top-of-the-line security that combines Samsung Knox with biometric authentication, including a new iris-scanning feature and an immersive entertainment, which features HDR video streaming capabilities.” Read more
Olympics: Presidency to probe scandals rocking Team Nigeria
As scandals continue to rain on Team Nigeria like a deluge, the presidency, we gathered, has noted all the unpalatable events down and is expected to investigate them to fish out those responsible for the acts that have brought international embarrassment and shame to the country.
According to top sources in the Presidency, the embarrassing acts are being noted with the gathering of more information to be able to properly brief President Muhammadu Buhari about them and take actions to stem the tide and future occurrence. Read more
Olympics: Nigeria beat Sweden, qualify for quarterfinals
The Nigeria U-23 football team on Monday qualified for the quarterfinals of the Olympic Games football event after a 1-0 victory over Sweden.
Determined to dictate the pace of the match, the Dream Team VI went on an early rampage with Umar Sadiq and Mikel Obi forcing saves from Sweden’s goalkeeper, Linde Andreas, in the 9th and 10th minutes respectively. Read more
Utondu writes off 4x100m relay team
Barcelona ‘92 Olympic Games bronze medallist, Beatrice Utondu-Okoye, has said Nigeria’s chances of winning a medal in the women’s 4x100m relays at the Rio 2016 Olympic Games are very slim.
Nigeria will only take part in the women’s 4x400m after the men relay teams failed to qualiy for the Games. The women’s 4x4pm squad lost their place to Cuba, after a member of the team Tosin Adeloye failed dope tests after the qualifiers. Read more
Quadri hits third round, Toriola out
SEGUN Toriola on Sunday crashed out of the table tennis men’s singles second round event of the Rio 2016 Olympic Games after losing to Japan’s Niwa Koki, who is 22nd in the world rankings.
However, Aruna Quadri reached the third round in the event after beating Slovakia’s Wang Yang 4-1 in their second round fixture. Read more
Ukogu qualifies for rowing quarter-finals
Chierika Ukogu, a 24-year old United States born Nigerian who is representing Nigeria in the ongoing Rio 2016 Olympics, has qualified for the quarter-finals of the rowing event.
Ukogu, who is the first Nigerian to represent the country in rowing, showed excitement after the result was announced.
The athlete, who is also a graduate of Stanford University trained with the US team before the Rio 2016 Olympics, said she was glad to represent Nigeria. Read more
Argentina beats Nigeria 94-66 in Olympic men’s basketball
Manu Ginobili got his fourth Olympics started with 12 points and an easy victory, as Argentina beat Nigeria 94-66 on Sunday in the final Olympic men’s basketball game of the night.
Facundo Campazzo led Argentina with 19 points, while flag bearer Luis Scola had 18 for the 2004 gold medalists. Patricio Garino finished with 15 in front of crowd filled with flag-waving Argentina fans who sang and chanted for much of the night. Read more
U-17 AFCON Qualifiers: Eaglets move camp to Aokoto
Nigeria U-17 team will set up a training camp in Sokoto, a week to the U-17 African Cup of Nations (AFCON) qualifiers rematch in Niger, coach Manu Garba has said.
Manu added that his side will train and acclimatise in Sokoto a week to the second leg match against Niger, Nigeria’s neighbour to the north, where he hoped to win by God’s grace.
The Eaglets won the first leg 1-0 in Abuja on Saturday with the return leg in Niamey on August 20. Read more
Ikorodu, 3SC game abandoned due to crowd trouble
The Nigeria Professional Football League (NPFL) MatchDay 29 match between Ikorodu United and 3SC held at the Onikan Stadium yesterday was abandoned in the 89th minute following trouble caused by fans.
The irate fans suspected to be supporting the home team began to throw objects on the pitch and at match officials after Shooting Stars striker, Ajani Ibrahim equalised for the away team in the 89th minute of the game. Read more
Bold Paralympic Ban for ‘Disgusting’ Russia Shames Pathetic Olympic Organizers
On another day of drug shame for the Olympic Games, the Paralympic organization proved it has the moral fortitude so sadly missing from the International Olympic Committee.
The entire Russian Olympic team has been banned from competing at next month’s Paralympics in Rio after organizers studied the very same evidence produced for the IOC and decided it was morally reprehensible to let a nation compete when they had been caught red-handed cheating on an industrial scale. Read more
Evicted from Tanzanian wetland, herders win 10-year battle for compensation
Ten years after losing their homes and grazing lands in a “brutal” eviction from a vast Tanzanian wetland, a group of more than 600 farmers have won their battle for compensation.
The livestock keepers and their families were forcibly removed from their villages in the Ihefu Basin, in the country’s southern highlands, under a government programme to protect the wetlands that act as a natural buffer for the Great Ruaha River. Read more
Student shot dead playing Pokemon Go at California tourist attraction
The a uthorities say 20-year-old Calvin Riley was shot on Saturday night by an unknown assailant at Aquatic Park near Ghiradelli Square.
The US Park Police and local homicide detectives are investigating what led to the shooting. Read more
Syrians celebrate the end of the siege of Aleppo
Russian and pro-Government Syrian forces launched an intense air attack last night on rebels insurgents as President Assad launched a revenge attack after insurgents broke a month-long siege of the rebel-held city of Aleppo.
Anti-government groups have taken most of a large government military complex southwest of the city in a major offensive that began on Friday, and are now attacking further into government-held territory. Read more
South Korean Missile Defense Deal Appears to Sour China’s Taste for K-Pop
Has K-pop become one of the first victims of a recent fraying of relations between China and South Korea?
When South Korea angered China last month by agreeing to allow a United States missile-defense system on its soil, there was much speculation that Beijing would retaliate economically. Now signs have emerged that China is targeting some of the South’s most colorful exports: its brand of popular music known as K-pop and its widely popular television shows. Read more
Muslim Brotherhood members ‘may be granted UK asylum’
New guidance published by the UK’s Home Office says that Muslim Brotherhood [MB] members may qualify for political asylum in Britain if their lives and livelihoods are under threat in Egypt.
The document entitled Country Information and Guidance Egypt: Muslim Brotherhood, states that an individual may apply for asylum in the UK because of “a fear of persecution or serious harm by the state because of the person’s actual or perceived involvement with the Muslim Brotherhood”. Read more
Anti-Clinton right-wing sites attempt to use old pictures of Hillary to push conspiracy theory that the Democratic nominee is in bad health
A number of right-wing websites are circulating an old picture of Hillary Clinton slipping while walking up a flight of stairs to question the Democratic nominee’s health ahead of the election.
The photograph, which was taken of Clinton as she slipped at the top of a staircase in South Carolina on February 24, is falsely being presented as some form of proof the 68-year-old is in poor health. Read more
Kofi Annan rejects Trump
A former Secretary-General of the United Nations, Mr. Kofi Annan, has expressed reservations about the candidature of the Republican Party in the upcoming US election, Donald Trump.
At a conference held in Salzburg, Austria, as part of the Nestle Salzburg Festival on Saturday, Annan expressed worry over Trump’s adventures and noted that he was sorry for the US. Read more