* N2bn fraud: Arrest ex-pension boss now, Sagay, Falana tell Buhari (Punch) * Nnamdi Kanu is in Abaribe’s custody, FG tells court (Punch)

* N2bn fraud: Arrest ex-pension boss now, Sagay, Falana tell Buhari (Punch)     * Nnamdi Kanu is in Abaribe’s custody, FG tells court (Punch)

SABINEWS MORNING NEWS UPDATE OCTOBER 23, 2017

 

N2bn fraud: Arrest ex-pension boss now, Sagay, Falana tell Buhari (Punch)

The Chairman, Presidential Advisory Committee Against Corruption, Prof. Itse Sagay (SAN), and prominent lawyer, Femi Falana have called on the President Muhammadu Buhari-led administration to arrest immediately the wanted ex-chairman of the defunct Presidential Task Force on Pension Reforms, Abdulrasheed Maina, who has returned to Nigeria. Maina, who fled the country in 2015 after being indicted for allegedly perpetrating fraud to the tune of N2bn, returned to the country and was posted to the Ministry of Interior based on the recommendation of the Head of Service and was given double promotion. Read more

Nnamdi Kanu is in Abaribe’s custody, FG tells court (Punch)

The Federal Government has replied to Senator Enyinnaya Abaribe’s application seeking to withdraw as one of the sureties for the leader of the proscribed Indigenous People of Biafra, Nnamdi Kanu, describing the application as belated. The government, in its counter-affidavit and written address filed before the Federal High Court in Abuja to oppose Abaribe’s request, told Abaribe that Kanu was in his custody and he had to produce him for the continuation of his trial. Read more

Falana urges Lawyers to fight for Power Devolution, Economic Restructuring (ThisDay)

Human rights lawyer, Mr. Femi Falana (SAN),  has urged Nigerian lawyers to join the fray for the realisation of the much touted power devolution and economic restructuring  to solve  the myriads of problems facing the country. Falana, who said the ongoing debate about restructuring in the country had centred on devolution of powers without responsibilities and as well quest to satisfy ethnic groups, said the bottomline of restructuring which the agitators had failed to address is economy. Read more

King’s men in Ibadan applaud Yoruba Obas for solidarity with Olubadan (ThisDay)

Ibadan intellectuals and sociocultural group otherwise known as Ibadan king’s men (Egbe Bobajiro) has applauded the concern shown by spectrum of Yoruba Obas to the Olubadan of Ibadan land, Oba Saliu Adetunji, in his spirited efforts to resist the recent unprecedented enthronement and elevation of 21 kings in a day in Ibadan by the Oyo State Governor, Abiola Ajimobi. The group in a statement in Ibadan signed by former acting Secretary-General of the Central Council of Ibadan Indigenes (CCII) who doubles as the convener, Olatunji Oladejo, and the Secretary, Dr. Adams Akewula, yesterday decried the governor’s efforts at changing the cherished traditional values of Ibadan, describing it as “misguided approach to desecrate the most globally acknowledged republican and democratic ascension to the throne of Olubadan of Ibadan.” Read more

2019: Balarabe Musa, Alaafin back Fayose’s presidential bid (Vanguard)

Support is beginning to stream in for Governor Ayodele Fayose over his presidential ambition, as former governor of old Kaduna State, Alhaji Balarabe Musa, said the governor is eminently qualified to contest the 2019 presidential election. This just as the Alaafin of Oyo, Oba Lamidi Adeyemi, praised Fayose’s courage describing it as a strong opposition which will put the Federal Government on its toes. They spoke on separate occasions in Ondo Town and Ado-Ekiti, respectively at the weekend. Read more

Ghana, Nigeria sign MoU to combat piracy, terrorism (SUN)

Following the dangers  of piracy on the West African waterways, Nigeria and Ghana have signed a Memorandum of Understanding (MoU)  to combat piracy and terrorism. Also, the two countries agreed to enhance regional integration to develop capacity, and enforce cabotage initiative. Speaking after  the  signing of the MoU, the Director General of Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside noted that intra-African collaboration is a vital requirement for Africans to effectively harness the natural potentials that the blue economy represents for the continent. Read more

Tinubu and how it all began (Nation)

The Southern Governors’ Forum is building on the foundation laid by their distant predecessors. Twelve years ago, they were bubbling with patriotic passion and drive for development. They were hosted by the former governor, Asiwaju Bola Tinubu. Then, critical issues germane to the sustenance of nationhood were on the front burner during the inaugural meeting. The issues are not different from the ones the 17 chief executives are frantically seeking solution in their time. What is striking is not what has changed in Nigeria, but what has remained the same. Read more

Renewable energy should begin from technology universities (Guardian)

A former government executive from a region in the South East called me to vent his spleen over the lack of will by governmental persons to bring development to the polity. Some years back, he recalled, non-nationals from Europe visited his home-zone and requested that the government give them large swathes of land. They wanted to establish solar farms in collaboration with the state government to power the state. The administrator asked for time to think about it. With the governor out of office now, the new man at the helm of affairs is probably still thinking. Read more

Buhari as minister of petroleum resources (Guardian)

Without a doubt, Section 138 of the 1999 Constitution of the Federal Republic of Nigeria, as amended, bars the President of Nigeria from taking any paid employment or holding executive office in any capacity. In similar vein, Section 147(2) supra emphatically provides that ‘any appointment to the office of Minister of the Government of the Federation shall, if the nomination of any person to such office is confirmed by the Senate, be made by the President.’ Read more

CBN  Deputy Governor, Nnanna, Okonkwo, others to be honoured by CIBN (ThisDay)

The Deputy Governor of the Central Bank of Nigeria (CBN), Dr. Okwu Joseph Nnanna and over 50 chief executive officers, executive directors and top management staff of banks as well as academics will formally be conferred with the fellowship and honorary senior membership of the Chartered Institute of Bankers of Nigeria (CIBN) in Lagos on October 28, 2017. Out of the 192 awardees to be honored atHarbour Point event centre, 12 would be honorary fellows, 119 associates would become fellows, while 61 would be honoured with the honorary senior membership of the institute, which is in recognition of the awardees’ services, commitment and contributions to the industry in particular and the nation’s economy in general. Read more

Digital Switch Over: NTA Sister Company dragged before ICPC over N1.7bn deal (ThisDay)

The controversy surrounding the procurement and installation of over N1.7 billion equipment by the Integration Television Service Limited, a sister company of the Nigeria Television Authority (NTA), has taken a new dimension with an Abuja-based rights lawyer petitioning the Independent, Corrupt Practices and Other Related Offences Commission (ICPC) to conduct thorough investigation into allegations of corruption in the deal. Read more

Warri erupts in Jubilation as Ayiri Emami emerges fourth Ologbotsere (ThisDay)

Olu of Warri, Ogiame Ikenwoli, at the weekend conferred on an industrialist and politician, Chief Ayirimi Emami, the Ologbotsere (Prime Minister) of Warri kingdom. The conferment made Emami, the fourth Ologbotsere, a position once occupied by late Alfred Rewane, an ally of Chief Obafemi Awolowo. Hundreds of Itsekiri took to the streets after the conferment of the title on Emami to celebrate the proclamation which was seen as well deserved. Read more

Terra Kulture as model for theatre projects in Nigeria (Vanguard)

The future of creative industries in Nigeria examining the country’s recent investments in the arts was explored on the CNN program, Marketplace Africa, recently. Bola Austen-Peters, the former attorney who founded Terra Kulture, center for arts and performance, in 2013 after discovering there was a distinct lack of performance spaces in Nigeria, told CNN: “Unfortunately, we don’t have many places like this in Nigeria. Read more

Experts canvass cheap funds, high production to cripple inflation (SUN)

As the inflation rate tapers off, even as food prices skyrocket, analysts have again canvass the establishment of low interest rate intervention fund for the real sector as a sure way out of the high cost of living in the country. For instance, one of the analysts, Mr. Rislanudeen Mohammed, a former Managing Director of Unity Bank Plc, firmly believes that both the cost of production and those of goods and services will reduce if there is an effective and sustained low interest rate intervention fund to support the manufacturing sector, especially small and medium enterprises. Read more

Ajagba wins second pro fight in America (Punch)

Nigeria’s Efe Ajagba on Saturday won his professional career after knocking out America’s  Luke Lyons in their  heavyweight bout in New Jersey. Ajagba needed less than three minutes to defeat his opponent to continue his unbeaten run since he turned pro in July. The fight was one of the undercards in the World Boxing Super Series showdown between Murat Gassiev and Krzystof Wlodarczyk. Read more

Nigeria will perform well at Russia 2018 says Okumagba (ThisDay)

National Chairman of the Nigeria Football Supporters Club, Mr. Vincent Okumagba, has expressed optimism that the Super Eagles will perform well at next year’s World Cup in Russia. Okumagba made the remarks when he inaugurated the Niger State chapter of the NFSC at the UK Bello Arts Theatre in Minna last Saturday. Okumagba hinged his optimism on the calibre of players in the national team and their determination to excel as displayed during their qualifying round matches. Read more

Aiteo’s new Groundbreaking Adventure in African Football (ThisDay)

On the afternoon of October 15, 2017, six gentlemen, from five African countries were gathered in a room at Apapa, Nigeria. The location was the corporate head office of Nigeria’s Aiteo Group, and they were meeting in a bid to boost football in Africa. At the end of their brief meeting, documents which saw the Aiteo Group become the official sponsor of Africa’s most prestigious sports awards, the Confederation of African football (CAF) Awards, were signed. With the signing of the documents, Aiteo moved from being a major sponsor of football in Nigeria, to become a major sponsor of the sport in Africa. Read more

Ronaldo closes in on FIFA player of the year (Vanguard)

Cristiano Ronaldo is in  line to retain his crown as FIFA men’s player of the year in London on Monday night. The Real Madrid and Portugal superstar is up against rival Barcelona forward Lionel Messi and Paris St Germain’s Neymar for the award he won last year. The ceremony, which takes place at the London Palladium, is the second since the FIFA award once again split from the Ballon d’Or prize. Read more

Conte: Great satisfaction (Chelseafc)

The Blues showed great character to come from 2-1 behind to beat Watford at the Bridge on Saturday, and Conte explained his mindset at the point where the Hornets were in the ascendancy and threatening to extend their lead. ‘In this moment it is important for the coach to stay focused on the pitch, to understand the right way to help your team,’ said Conte, whose substitutions proved inspirational, with Michy Batshuayi netting twice, and both Willian and Davide Zappacosta also making an impact from the bench. Read more

Bayern Munich announces record revenue (Bavarianfootballworks)

Bayern Munich announced record-breaking revenue of €640.458 million for the 2016-17 season, and post-tax profits of €39.19 million, which represented an 18.6 percent increase from the previous season, something the Chief Financial Officer of FC Bayern München AG deemed “more important” than rising revenue. Jan-Christian Dreesen said that Bayern’s elimination in the quarterfinals of the Champions League and failure to reach the DFB-Pokal final actually cost the club “around €25 million” in revenue though financially it remains “one of the top clubs in Europe.” Read more

Benzema isn’t overrated, insists Madrid boss Zidane (Fourfourtwo)

Zinedine Zidane said Karim Benzema showed his quality against Eibar but conceded critics will never stop arguing about the maligned Real Madrid forward. Benzema made a super cameo appearance as reigning LaLiga champions Madrid accounted for Eibar 3-0 at the Santiago Bernabeu on Sunday. The France international – who has only scored once in LaLiga this season – came off the bench and provided an outstanding assist for Marcelo’s goal and Madrid’s third in the 82nd minute. Read more

‘Anxious’ May ‘begged for help’ from Juncker (Skynews)

Theresa May’s former chief of staff has accused his opposite number in Europe for leaking details of a Brussels dinner. The comments reportedly made by EU chief Jean-Claude Juncker were published in the Frankfurter Allgemeine Zeitung after last Monday’s dinner between the two. Mr Juncker had assessed Mrs May as being “anxious, despondent and disheartened” during the private meeting. Nick Timothy blamed Martin Selmayr, Mr Juncker’s chief of staff for leaking the comments to the German newspaper. Read more

Police are searching for the daughters of fugitive conman Mark Acklom (Skynews)

Police are targeting two young sisters in the hunt for their fugitive father Mark Acklom who is on the run with them in Europe. Detectives are concerned for the girls’ emotional welfare and are urging the public to try to identify them. Officers believe the key to tracing conman Acklom, 44, is to find the school where his children are registered. Acklom’s two daughters, aged eight and six, are likely to be registered at an international school, probably one in Spain where they have grown up with their Spanish mother. Read more

Go home, Tillerson tells Iranian-backed militias in Iraq (Memo)

US Secretary of State Rex Tillerson said on Sunday it was time for Iranian-backed militias and their Iranian advisers who helped Iraq defeat Daesh to “go home”, after a rare joint meeting with the leaders of Iraq and Saudi Arabia. The United States is concerned that Iran, a Shi’ite regional power, will take advantage of gains against IS in Iraq and Syria to expand the influence it gained after the US invasion in 2003, something Sunni Arab rivals such as Riyadh also oppose. Read more

Typhoon Lan sweeps across Japan; 2 reported dead (Washingtonpost)

A powerful typhoon has caused flooding and landslides along the Pacific coast of Japan. Japanese media say two people have died and one is missing. Typhoon Lan made landfall around 3 a.m. Monday and swept across Tokyo before heading out to sea several hours later off northeastern Japan. Kyodo News service says the body of a 70-year-old man whose boat developed engine trouble was found on a beach, and a 63-year-old man died after high winds knocked down scaffolding at a construction site. Read more

Will the euro survive as a currency long term? (Cityam)

The euro will survive long term for two reasons.

First, even though it currently does not create economic convergence among its member states, as it was set out to do, divorce is very hard – almost impossible – especially for banks and financial markets. Even French and Italian populists have backed away from the idea of a euro exit, in part because the population still largely supports membership, and will do so even more the older they get. Read more

US lawmakers step up pressure against Burma over Rohingya crisis (Asiancorrespondent)

A group of more than 40 United States lawmakers called upon President Donald Trump’s administration to act against the military of Burma (Myanmar) last week in light of human rights abuses in Rakhine State ahead of his meeting with UN Secretary-General António Guterres. Trump reportedly raised the issue of Rohingya Muslims – more than 600,000 of whom have fled into Bangladesh since Aug 25 – in his meeting with UN Secretary General on Friday. Read more

About The Author

Osigweh Lilian Oluchi is a graduate of the University of Lagos where she obtained a B.A (Hons) in English, Masters in Public and International affairs (MPIA). Currently works with 1stnews as a Database Manager / Writer. [email protected]

Related posts

Leave a Reply

Your email address will not be published. Required fields are marked *