*Nigerian Troops Recapture Mongonu, Marte, Intensify Battle for Other Towns* * Petrol marketers induce fuel scarcity*

*Nigerian Troops Recapture Mongonu, Marte, Intensify Battle for Other Towns* * Petrol marketers induce fuel scarcity*

Sabinews Daily Morning News Update for February 17, 2015MORNING NEWS

 

National News

 

Nigerian Troops Recapture Mongonu, Marte, Intensify Battle for Other Towns

In keeping with its pledge to rid the North-east of terrorists before the elections, the Nigerian military has confirmed the successful liberation of Mongonu, Marte and other surrounding communities in Borno State.

Making this known on Monday, the Director of Defence Information (DDI), Maj-Gen. Chris Olukolade, in a statement, announced that the mission in the strategic towns had been completed. Read more

PDP, Obasanjo Part Ways, APC Celebrates

After months of haranguing President Goodluck Jonathan and openly romancing with the leadership of the opposition All Progressives Congress (APC), former President Olusegun Obasanjo, in a melodramatic fashion characteristic of the retired army general, tore up his Peoples Democratic Party (PDP) membership card and parted ways with the party on whose platform he ruled Nigeria for eight years.
However, his exit from the PDP which was done to preempt possible sanctions by the ruling party for anti-party activities and the dirt which would have been dished out on him by the presidency, was celebrated by the governorship candidate of the APC in Kaduna State, Malam Nasir El-Rufai. Read more

Soyinka Calls for Revolt if Incoming Govt Disappoints

Nigeria’s Nobel laureate, Prof. Wole Soyinka, has stated that Nigerians should be prepared to go back to the trenches, whatever it takes, if a wrong choice is made in the incoming elections.

Soyinka, who made this known in an interview with BBC’s Will Ross in Lagos, also stated that President Goodluck Jonathan alone should not be blamed for the Boko Haram menace in the North-eastern part of Nigeria. Read more

Customs dismisses alleged withdrawal of officials from Kebbi, Sokoto borders

Authorities of the Nigerian Customs Service, NCS, yesterday, dismissedwaved aside allegations by the All Progressives Congress, APC, that operatives deployed to Kebbi and Sokoto States border with neighbouring countries had been ordered to be withdrawn saying no such directive written or verbal was ever given.

A statement signed by Wale Adeniyi on behalf of the Comptroller-General said: “The attention of the Nigeria Customs Service has been drawn to reports in the media alleging that Customs Operatives deployed at Border Stations in Kebbi and Sokoto States have been withdrawn. Read more

NLC crisis: NUPENG denies involvement in contracts award

Succession crisis rocking the Nigeria Labour Congress, NLC, assumed a new dimension yesterday as some of its affiliate unions said they were prepared for a long struggle against “self-centred interests within the congress.”

According to the Nigeria Union of Petroleum and Natural Gas Workers, NUPENG, one of the contestants for post of president signed the cheque to pay for printing of ballot papers. Read more

Huge crowds receive Buhari in Maiduguri

Thousands of residents poured onto the streets of Maiduguri, the Borno State capital, yesterday to receive Gen. Muhammadu Buhari.

The All Progressives Congress (APC) presidential candidate accompanied by his running mate, Prof. Yemi Osinbajo, was in the city, which houses almost one million Internally Displaced Persons (IDPs) from parts of the state under the control of Boko Haram, to launch his campaign for the March 28 presidential poll. Read more

Fresh Crisis Rocks Labour Party over Misappropriated Funds

The leadership of the Labour Party has been engulfed in crisis of confidence leading to the resignation of the Chairman of the party’s Board of Turstees, Chief Dan Nwanyanwu.

The party which is still trying to recover from crisis trailing its last convention held in Akure, saw its leadership being accused on Monday of financial misappropriation by Nwanyanwu. Read more

Appeal Court Upholds Fayose’s Election

The Court of Appeal sitting in Abuja has upheld the victory of  Ayodele Fayose of the Peoples Democratic Party (PDP) as the winner of the  Ekiti State governorship election held in June 21, 2014.

The appellate court upheld the judgment of the election tribunal which had earlier dismissed the petition written by the All Progressives Congress (APC) challenging Fayose’s victory. Read more

Unknown Gunmen Kill APC Chieftain in Plateau

Unknown gunmen monday allegedly killed a chieftain of the All Progressives Congress (APC) and Chairman of the party in Barkin Ladi Local Government Area, of Plateau State, Chief Samuel Doro.

The Police Public Relation Officer (PPRO) of the state command, DSP Emmanuel Abuh, confirmed the incident, which occurred in the early hours of yesterday. Read more

Bird Flu: Fed Govt pays N140m to farmers

Agriculture Minister Dr. Akinwumi Adeshina said yesterday that the Federal Government has paid over N140 million as compensation to farmers affected by the bird flu outbreak.

The minister, who spoke in Kano, added that of the total amount paid to those affected, Kano farmers got N100 million, representing 72 per cent of those who lost their birds and those de-populated. Read more

Cleric nabbed over N609m narcotics

The resident minister of Eternal Sacred Order of Cherubim and Seraphim, Agodo-Egbe, Ikotun branch, Lagos, has been arrested by officials of the National Drug Law Enforcement Agency, NDLEA, for allegedly attempting to export narcotics with a street value of N609 million to South Africa.

The suspect, identified as Prophet Michael Raji, 60, was arrested, following the interception of the drugs at the cargo section of the Murtala Mohammed International Airport, MMIA, during pre-shipment examination. Read more

Lagos tenant sues landlord over quit notice

A tenant, Victor Ocheja, has sued his landlord before an Apapa Magistrate’s Court in Lagos, for issuing him quit notice.

Ocheja, alongside Ugochukwu Nnorom (applicants), are tenants to Jaiyeola Emmanuel, at 14, Jimoh Street, Igbo-Elerin, Okoko area of Lagos. Read more

Bayelsa Auto Tragedy: First Lady Visits Bereaved Families

First Lady, Dame Patience Jonathan, was yesterday in Yenagoa, Bayelsa State, to commiserate with the families of Bayelsans who lost their lives in Saturday’s tragic road accident along the Ahaoda axis of the East-West Road in Rivers State.

Dame Jonathan prayed with the families for God to be with them in their grief and asked God to give everyone, including herself the fortitude to bear the loss. Read more

Oil firm offers scholarship to 58 students

No fewer than 58 students from Alode, Eleme Local Government Area of Rivers State, are benefitting from the Enercon Nigeria Limited Scholarship Scheme this year.

Beneficiaries of the scholarship scheme, worth N12m, are children of members of the Nkiken Oka Mba Landlords’ Association in various tertiary institutions and secondary schools in the country. Read more

 

Economy

 

Barclays Seeks Investment Banking Licence in Nigeria

Barclays Africa Group Limited’s corporate and investment banking unit has approached the Central Bank of Nigeria (CBN) for approval to convert its representative office in Lagos to a full-fledged banking business.

The bank has been increasing its presence in Lagos in anticipation of the approval from the CBN. Bloomberg quoted the bank’s Head of Corporate and Investment Banking outside South Africa for Barclays Africa, Temi Ofong, to have said in a recent interview in Gaborone, Botswana. Read more

Central Bank Sells Forex Outside Target Band

The Central Bank of Nigeria (CBN) intervened to defend the beleaguered naira yesterday by selling dollars below its official band for the second time, a sign the bank could weaken the currency to save its dwindling foreign reserves.

The naira fell below N200 to the dollar last week in a rout triggered by weak oil prices and escalating tension over the postponement of a presidential election in Africa’s biggest economy, prompting the central bank to step up intervention. Read more

Taiwan Seeks Increased Economic Ties with Nigeria

The Taiwanese government is currently seeking ways of increasing economic ties with Nigeria, especially, in areas of trade, investment and skills development.

The Representative and Head of Mission of Taiwan in Nigeria, Mr. Morgan Chao, disclosed this during a meeting with the Minister of Industry, Trade and Investment, Mr. Olusegun Aganga in Abuja. Read more

Falling crude price: Nigeria’s growth rate projected at 5%

Economic experts have projected an average growth of five per cent for Nigeria in 2015, warning that the country will begin to feel the full impact of the decline in oil prices within the next couple of months.

Analysts at Dunn Loren Merrifield, in their Economic Review and Outlook, titled, ‘Growth encircled by vulnerabilities,’ said, “We highlight that dwindling oil prices coupled with lower oil production volumes and its attendant impact on macro-economic indicators remain significant risk to growth in the near term.” Read more

Agriculture Can Boost Nigerian Economy, Says Irish Envoy

The Irish High Commissioner to Nigeria, Mr. Sean Hoy has called on the Nigerian government to use agriculture to boost the country’s economy.

The High Commissioner made the call on Monday when he paid a courtesy call on Governor Idris Wada of Kogi State in Government House, Lokoja. Read more

 

Oil and Gas

 

Oil price fall: MOMAN cautions against panic

Major Oil Marketers Association of Nigeria, MOMAN, has called on Nigerians not to panic, as the crude oil price will still rise again.

The caution came even as it bemoaned the difficulties being faced by members in planning for sustainable fuel importation as a result of the free fall of Naira at the foreign exchange market. Read more

NNPC, NGO Collaborate to Monitor Sale of Kerosene

The Nigerian National Petroleum Corporation (NNPC) and the Coalition of Grassroots Non-Governmental Organisation (CGN) have set up a 15-man team to monitor the sale of kerosene product.

The development followed continued diversion of kerosene by the independent marketers of petroleum products, which has made it impossible for consumers to access the product at the official pump price of N50 per litre. Read more

Petrol marketers induce fuel scarcity

There are indications that petrol marketers are out to inflict hardship on Nigerians by hoarding the product six weeks to the general elections. This may not be unconnected with the apparent cold war between marketers and the management of the Petroleum Products Pricing Regulatory Agency, PPPRA.

Some of the marketers had accused the PPPRA of corruption and lack of transparency by removing the pricing template on its website against international best practices established by Platts and other organisations that publish oil prices. Read more

Shell restates commitment to Bonga South West/Aparo project

The Shell Nigeria Exploration and Production Company Limited, SNEPCo, has restated its commitment to the implementation of the SNEPCo-operated Bonga South West/Aparo, BSWA project. It therefore denied recent reports that it has stopped the development due to the slump in oil price.

The Managing Director, SNEPCo, Mr. Tony Attah, was quoted as saying, “We can confirm that we are currently progressing the tender for the Engineering, Procurement and Construction, EPC contracts to support the project.” Read more

 

World News

 

Cameroon army kills 86 Boko Haram militants

Cameroon’s army says it has killed 86 Boko Haram militants and detained 1,000 people suspected of links to the Islamist group, as central African leaders held talks on how to combat its bloody insurgency.

Five Cameroonian soldiers were also killed during the clashes in the Waza region near the border with Nigeria, defence ministry spokesman Didier Badjeck said Monday. Read more

Niger arrests more than 160 with suspected Boko Haram links

More than 160 people suspected of having links to Boko Haram have been arrested near Niger’s border with Nigeria, where the Islamist group is based, police in Niger said Monday.

More than 160 people suspected of having links to Boko Haram have been arrested in Niger’s border area with Nigeria which was attacked this month by the Islamist group, police in Niger said Monday. Read more

Details of al-Qaeda oath revealed in US terrorism case

Prosecutors plan to use documents recovered from Osama bin Laden’s Pakistan hideaway – including an al-Qaeda oath – when the trial is expected to begin on Tuesday of Abid Naseer, an al-Qaeda suspect extradited from the UK.

The trove of intelligence was seized by Navy Seals and includes insights into al-Qaeda’s publicity operation. Read more

China sacks city police chief over slap-up salamander feast

A police chief in the southern Chinese city of Shenzhen has been sacked after colleagues roughed up a group of reporters who had tried to report on a group of officers feasting on a giant salamander, an endangered animal in China.

State media reported last month that the officers were allegedly eating the giant salamander, the world’s largest amphibian, at a seafood restaurant. Read more

Rio’s Carnival Reaches Grand Finale

Rio de Janeiro’s world-famous samba school parades held their grand finale as the five-day-long Carnival celebration came to an end on Tuesday morning.

Samba schools paraded giant floats starting Friday night, singing and dancing past masses of spectators at the city’s Sambadrome. Some members of the schools hung upside down while others flew in giant butterfly costumes. Read more

Massive Explosion as Oil Tanker Train Derails

A house has been destroyed and two towns evacuated after a train carrying 100 tankers of crude oil derailed causing a massive explosion.

The incident happened in southern West Virginia on Monday. Read more

China to punish senior official for breaking family planning law

China will prosecute a former senior provincial official suspected of crimes such as breaking the strict family planning laws, graft and abuse of power, the government said on Tuesday.

Zhu Mingguo was former head of the top political advisory body, the Chinese People’s Political Consultative Conference, in the southern export powerhouse province of Guangdong that borders Hong Kong. Read more

 

Power

 

Eaton vows to drive energy growth in Nigeria

Eaton, a United States power management company said it is out to drive energy growth in Nigeria’s emerging economy.

The company’s West Africa Sales Manager, Electrical Sector Mr. Charles Iyo, stated this at its inaugural West Africa Technology Day, held in Lagos to showcase the company’s solutions. These solutions cover five industry segments – Oil and Gas, Data Centre and IT, Mining, Electrical Utilities, Solar and Wind. Read more

Nigeria Lost 3,800MW of Electricity to Vandalism in 60 Days, Says Nebo

Minister of Power, Prof. Chinedu Nebo has disclosed that Nigeria lost over 3,800 megawatts (MW) of its expected electricity generation to vandalism of majorly key gas pipelines between December 2014 and February 2015.

Nebo disclosed in his presentation at a recent media briefing that the last break on the country petroleum pipeline occurred early last week, leading to a total loss of about 500MW of electricity from the national grid. Read more

Why DISCOs shun metering

Electricity consumers’ lamentation over estimated billing may not end soon if the reasons adduced by generating GENCOs, and distribution, DISCOs, companies for shunning meters are followed to the letter.

In an interaction with journalists, the Chairman of Egbin Power Plc, Mr. Kola Adesina, said that no operator can install meter that cannot evaluate the use of electricity by consumers. Read more

 

Sports


Don’t be carried away, NFF warns Eaglets, clubs

The Nigeria Football Federation (NFF) has charged the clubs representing Nigeria in the inter-clubs competitions and the Golden Eaglets not to be carried away by the euphoria of the victory they recorded last weekend, even as the federation described it as a good start for the teams.

General Secretary of the federation, Musa Amadu, who gave the charge in a chat with SoccerStar at the secretariat of the Nigerian football governing body, however, expressed confidence that Dolphins of Port Harcourt will upturn the result they got in Equatorial Guinea. Read more

Amuneke Commends CAF over MRI

After his wards dazed host Niger with two unreplied goals to kick off Nigeria’s campaign at the ongoing Africa Under-17 Junior Championship in Niamey, Golden Eaglets Head Coach, Emmanuel Amuneke, has predicted a brighter football for African football with the steady use of the Magnetic Resonance Imaging Test (MRI) to get the right players for the competition.

The MRI test was introduced by FIFA in 2009 for the FIFA Under-17 World Cup to help ascertain whether players are over age or not and the Confederation of African Football (CAF) made it mandatory for any player to be eligible to feature in the qualifiers and the championship proper. Read more

Egypt, Russia, Others for ITTF Lagos Tour

With the expiration of players’ registration for this year’s International Table Tennis Federation (ITTF) World Tour tagged Lagos Open, Egypt, Russia, Portugal,  seven others as well as host – Nigeria, have been confirmed for the five-day tournament holding next month in Lagos.

According to the list of confirmed players by ITTF, Egyptian team will be led by current ITTF Africa Senior champion, Omar Assar and he will be joined by 12 compatriots including current African women champion, Dina Meshref. Read more

NTF, Sports Veterans Mourn Okoya-Thomas

The Nigeria Tennis Federation (NTF), has described the death of Chief Molade Okoya-Thomas as a huge loss to sports worldwide.
In a tribute to the sport philanthropist and socialite, NTF President, Sani Ndanusa, said; “It is with very heavy hearts and unspeakable sorrow that the Nigerian Tennis Federation (NTF) received the news of the demise of our lovable and very enthusiastic tennis patron – Chief Molade Okoya- Thomas (MFR) – which occurred on the 1st of February in Lagos at age 79.” Read more
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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]

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