NYSC Speaks On N4,000 Fee For Printing Call-Up Letters
National Youth Service Corps, NYSC, yesterday, explained that the N4,000 fee imposed on prospective corps members for printing of call-up letters on-line was for services and infrastructure to be deployed by the collaborating firm.
Director General of NYSC, Brig-General Jonhson Olawumi, said the money was neither for the scheme nor the corps producing institutions as it was being alleged by some quarters. Read more
Army Recaptures Bazza in Adamawa From Boko Haram
Nigerian troops have recaptured Bazza, a neighbouring town of Michika, the local government headquarters in Adamawa State from Boko Haram insurgents who had taken control and hoisted their flag there on Monday.
The troops were getting set to recapture Michika and has so far recaptured Bazza town after a fierce battle in which soldiers killed several Boko Haram militants. Read more
Create Employment Opportunities For Your Trainees, Jonathan Tasks MDAs
President Goodluck Jonathan has urged Ministries, Departments and Agencies (MDAs) of government involved in job training to go further by creating employment opportunities for their trainees.
President Jonathan stated this Wednesday in Abuja while inaugurating a Presidential Jobs Board of Nigeria to create jobs for unemployed Nigerians. Read more
Odinkalu Canvasses Support for INEC
The Chairman of the Governing Council of the National Human Rights Commission (NHRC), Dr Chidi Odinkalu, yesterday in Abuja urged Nigerians to support the Independent National Electoral Commission (INEC) to make the 2015 general election a success.
Speaking at an interactive session with top INEC staff which was jointly organised by the Policy and Legal Advocacy Centre (PLAC) and the Open Society Initiatives for West Africa (OSIWA), Odinkalu said although INEC under the leadership of Attahiru Jega was not a perfect institution, the commission had demonstrated integrity which hitherto was lacking in the organisation. Read more
Chieftain tackles PDP chair over comment on UPU
Former chairman of Ethiope West Local Government Area of Delta State, Dr. Wilson Omene, has described as condemnable and unsavoury, a statement credited to the state chairman of the Peoples Democratic Party, PDP, Chief Peter Nwaoboshi, that the Urhobo Progressive Union, UPU, the umbrella body of Urhobo people, has no business in the affairs of the party in the state.
Omene stated that such unguarded statement by the PDP chairman was capable of causing disunity and ruining the chances of the party in the state, where Urhobos are in the majority, especially in 2015 general elections. Read more
Boko Haram: Lagos Convenes Security Summit
Amid security challenges threatening the sovereignty of the nation, Lagos State government yesterday convened a security summit to brainstorm on how to tackle security threats in the state.Speaking at the summit organised by the body of chairmen of 20 local governments and 37 local council development areas of Lagos State, popularly known as Conference 57, the chairman of the group, Mr Hakeem Suleiman said the security challenges triggered by the Boko Haram sect could ruin the country if urgent steps were not taken to solve the problem. Read more
Teachers threaten strike
The Nigerian Union of Teachers has threatened to go on strike if the Federal Government fails to put in place measures to protect its members and pupils from contracting the deadly Ebola Virus Disease before the resumption of schools.
But the Federal Government says there is no going back on the date since there is no scientific basis for schools to remain shut beyond the September 22 resumption date announced by the Minister of Education, Ibrahim Shekarau. Read more
Ado Poly workers protest over wages
Workers of the Federal Polytechnic, Ado Ekiti, have staged a protest and called for the removal of the Rector of the institution, Mrs Theresa Akande.
The protesting workers, under the aegis of the three unions in the institution, also demanded the dissolution of its governing council over alleged “inability to provide quality leadership in the institution.” Read more
APC Chieftains Disagree On Buhari
As the race to who wins the Presidential ticket on the platform of the opposition All Progressives Congress (APC) heats up, prominent chieftains of the party have shared divergent views on the chances of one of the arrow heads behind the merger and former Gen. Muhammadu Buhari.
Speaking with newsmen on Tuesday in Abuja, the founding National Chairman of the defunct Congress for Progressive Change (CPC), Senator Rufai Hanga, has said the chances of Gen. Muhammadu Buhari of flying the flag of the All Progressives Congress in 2015 are getting slimmer by the day. Read more
Nigeria’s economic gains have not translated to jobs —Report
Despite the rave reviews the nation’s economy seems to be getting from both within and outside the country, the gains are not being translated to new jobs and employments, recent research has shown.
A recently-released Media Fact report argued that the jobless rate in the country remained 23.1 per cent in 2012 and did not change in 2013 in spite of some positives in the economy that year. Read more
Public discontent with INEC over PVC
Ahead next’s year elections, actors across the political parties tussling for political seats are stepping up efforts to assume the mantle of power at different levels and arms of governments. Their foot soldiers have spread out into the field to woo voters so as to garner votes as much as possible. Read more
Govt urged to investigate activities of recruitment firm
With the rising cases of fraudulent employment scams across the country, an appeal has gone to the Lagos State Government to investigate the activities of a recruitment agency and business development outfit located at 14, Toyin Street, Ikeja.
The said company is fond of sending unsolicited text messages to people informing them of being shortlisted for an aptitude test in its office. Read more
Journalists urge INEC to sensitise displaced persons on elections in North-East
Journalists from the North-East Zone Wednesday called on the Independent National Electoral Commission (INEC) to, as a matter of urgency, commence wide sensitisation campaigns to various Internal Displaced Persons’ (IDPs) camps in the zone.
Sad that the activities of insurgents in the region, have made it impossible for a large percentage of eligible voters to register for the forthcoming general election, a call was made to INEC on the need to reach out to those persons in the various camps. Read more
PPA uncovers plan to mop up unclaimed voters cards
Progressive Peoples Alliance (PPA) said that it has uncovered a ploy by agents of Abia state Government to mop up unclaimed voters cards from the Independent National Electoral Commission (INEC) preparatory to the 2015 elections in the state.
This , the party said is aimed at thwarting the desired change which indigenes of the state have been looking forward to in 2015. Read more
PHCN Pensioners Protest Non-payment Of Entitlements
Power Holding Company of Nigeria(PHCN)Alimosho Chapter Pensioners, has sent a plea to President Goodluck Jonathan, to intervene in the issue of non- payment of their monthly pension money and other entitlements.
Speaking yesterday during a protest by the group held at De-Dems Garden,Egbeda, the coordinator, Mr Oluwole Fashina, a retiree of PHCN appealed to President Goodluck Jonathan, to intervene and do the needful. Read more
Three Million Jobs to be Created as Jonathan Inaugurates Board
Determined to ensure job creation, President Goodluck Jonathan yesterday inaugurated Presidential Jobs Board.
The board is saddled with the responsibility of creating three million jobs in the next 12 months.
Speaking at the inauguration ceremony, Jonathan said: “Let me charge departments and agencies of government that have been training people over the period, like SMEDAN, ITF, PTDF, NDE, NIMASA, Women Affairs and other agencies that do that as a part of their responsibility, to train young men and women in acquiring different skills. Read more
Sabinews News Update on Economy
Nigeria-India Trade Hits $19.5 Billion
The bilateral trade between Nigeria and India has increased to $19.5 billion annually, the Indian High Commissioner, Mr. A.R. Ghanashyan has disclosed.
Ghanashyan revealed this at the maiden edition of the Nigeria Leadership Initiative (NLI) diplomatic dialogue series held in Lagos yesterday. Read more
FG is Collaborating with Private Sector to Boost Nigerian Economy, Says Aganga
To create strong base for the economy, players in the private sector and the small and medium enterprises will soon start to enjoy better cooperation from the federal government, the Minister of Trade and Investment, Olusegun Aganga, has said.
Aganga, who spoke at a forum organised by the Commerce and Industry Correspondent Association, in Lagos, said government is currently running inclusive economy whereby all stakeholders are engaged in the policies and other factors that concern business and economy of the country. Read more
FG’s Fisheries And Aquaculture Transformation Agenda
The Fisheries and Aquaculture Value Chain of the Agricultural Transformation Agenda (ATA) is aimed at creating an enabling environment for increased and sustainable development of over one million metric tons of farmed table fish for employment generation for the teeming unemployed Nigerians, and for creating a platform towards poverty alleviation.
Nigeria is one country that can boast of 230 billion cubic metres of water, making it one of the richest countries for fish and aquaculture development, fish farming, fish markets and fish consumption. Read more
Why we took N160b bond – Fashola
Lagos State Governor Babatunde Fashola said yesterday that the N160billion bond from World Bank was to further develop the state.
The governor spoke after inspecting the light rail terminus at Orile-Iganmu, Lagos. He said strategies are in place to ensure that the loan is paid back when it is due. Read more
FG okays N13bn for rice, cassava mills
The Federal Government has approved N13 billion for the procurement of 10 integrated rice mills and six high quality cassava flour mills, in order to boost rice and cassava production in the country.
It equally approved N920 million for the award of contract for the procurement and construction of an additional transformer for the Maiduguri sub-station. Read more
Verve, 03 Capital unveil first non-bank credit card
Verve International, transnational payments solutions company, and 03 Capital, a Nigerian financial services company, have launched ’03 Credit Cards,’ a new range of credit cards designed to improve access to credit and electronic payment technologies.
The three credit cards on offer – ‘classic’, ‘platinum’, and ‘prestige’ – will have credit limits between N500, 000 and N1.5 million. They are designed to provide consumers greater access to credit and the opportunity to take advantage of electronic payment technologies in line with the Central Bank of Nigeria’s (CBN) cashless policy. Read more
Middle Class Spends N215bn Monthly On Online Transactions
E-commerce in Nigeria is currently recording over $2million worth of transactions per week and close to $1.3 billion( N215bn) per month data from the online marketplace, Kaymu.com.ng, has shown.
These figures could be attributed to the purchasing power of the middle class who constitutes 38 per cent of Nigeria’s population and prefer ed to buy products through the internet said Kaymu.com.ng, quoting a survey conducted by the business management and consulting firm, Philip Consulting. Read more
World Bank partners Ibadan Business School on capacity-building
Having examined what Ibadan Business School stands for over the years, the World Bank has partnered with it to boost the public sector and respond to capacity-building to strengthen requirements of micro, small and medium enterprises in Nigeria.
This was disclosed by the Chairman of Ibadan Business School, Professor Oladapo Afolabi. Read more
FRC: SEC, NPA Failed to Remit N28bn Surplus
In spite of clear fiscal regulatory provisions that all federal government Ministries, Departments and Agencies (MDAs) must return their annual operating surplus to the treasury, the Securities and Exchange Commission (SEC) and the Nigerian Ports Authority (NPA) failed to remit a combined N28.27 billion of such surplus funds.
The Fiscal Responsibility Commission (FRC) disclosed this while meeting officials of the two agencies in Abuja, yesterday and insisted that the regulation be complied with. Read more
Sabinews News Update on Oil and Gas
Okubor seeks end to feud between oil and gas stakeholders
The Chief of Staff, Government House, Asaba, Dr. Festus Okubor, has proposed the concept of Host Communities of Nigeria Producing Oil and Gas, Hostcom partnership as panacea to end the feud between government, oil companies and host communities where oil and gas are explored.
He gave the advice when executive members of Hostcom, Delta State chapter visited him at his Boji-Boji, Owa, Agbor home to thank him for the supportive role he played in building bridge between them, oil companies and the Delta State Government. Read more
Bill and Melinda Gates Foundation Pledge $50M for Ebola Outbreak
The Bill and Melinda Gates Foundation announced on Wednesday a $50 million pledge to help fight the Ebola outbreak in West Africa.
“The foundation will immediately release flexible funds to United Nations agencies and international organizations involved in the response to enable them and national governments to purchase badly needed supplies and scale up emergency operations in affected countries,” it said in a statement. Read more
Dry West Bank ridge becomes focus of Israel-Palestinian tension
The rocky valley north of Jab’a, scattered with olive and pine trees and dry streams long evaporated by the searing heat, would be unremarkable had it not become the latest point of friction between Israel and the Palestinians.
Days after a ceasefire was reached in the war in Gaza last month, Israel announced that 400 hectares (988 acres) west of Bethlehem, in the occupied West Bank, was now “state land” – that is territory for Israel, not land that will be part of any future Palestinian state. Read more
Venezuela’s Oldest Newspaper Shuts Down
Venezuela’s oldest newspaper is shutting down because of a lack of newsprint and a difficult economic climate as the country grapples with chronic shortages.
El Impulso announced Wednesday that it will stop circulation because of falling advertising, mounting inflation and a lack of basic materials. The daily has reported on the western city of Barquisimeto for 110 years. Read more
Judgement Day for Oscar Pistorius in Reeva trial
Oscar Pistorius is expected to learn his fate today when a judge in South Africa delivers her verdicts in the Reeva Steenkamp murder trial.
If found guilty of intentionally killing his girlfriend, the 27-year-old double amputee faces from 25 years to life in prison. Read more
Sabinews News Update on Energy
New Gas Price May Hike Electricity Tariff By N26
The recent increase in the price of gas to power sector from $1.50 to $3.30 per metric cubic foot (MCF) may push the price of electricity tariff from N14 to N40 per kilowatt hour (pkh) for domestic consumers in the next tariff review.
The price may be far higher for industrial consumers who currently pay upwards of N25pkh depending on which customer category they belong, industry analyst Dan Kunle said in an interview in Abuja. Read more
New Gas Price Regime And Inauguration Of N90bn Uquo Facility
Recently, the Nigerian Electricity Regulatory Commission (NERC) announced an increase in the price of gas.
The chairman of NERC, Dr Sam Amadi, who made this announcement in Abuja noted that the price review was done to reflect the current cost of gas production.
Nerc announced the approval of a new benchmark price of $2.50/mcf for gas supply, and $0.80/mcf as transportation cost for new capacity, from 2014. He also noted that the new gas price and the Central Bank of Nigeria, (CBN) expected intervention in gas supply in the power sector are contingent on and have been captured in the Multi-Year Tariff Order (MYTO). Read more
Sabinews News Update on Sports
Nigerian Players Dominate African Tennis
The potential of Nigerian tennis came to the global limelight yesterday as the country dominated the ITF West and Central Africa Circuit currently taking place in Togo with four Nigerian players booking their places in the semi-final of the world ranking junior tournament.
With players from the USA, Germany, Britain, India, Austria, Thailand also featuring in the event which will be rounded off on Saturday, Nigerian players gave good accounts of themselves with Mohammed Mohammed setting up a semi-final clash with compatriot Emmanuel Sunday which automatically guarantees the country a place in the final while an all-Nigeria final would be designed should Joseph Imeh triumphed over Ouatarra Abdulkarim of Cote d’ Ivoire in another semi final match. Read more
Afcon Qualifiers – Nigeria, South Africa Draw
Defending champions Nigeria only managed a barren draw against South Africa in its second game of the Africa Cup of Nations qualifying series.
The Eagles who were shocked 2-3 in Calabar in their first game against the Red Devils of Congo Brazzavile, were hoping they could bounce back against the South Africans in Cape Town on Wednesday night. Read more