* Nobody forced me to concede defeat to Buhari — Jonathan * Senate to probe N213bn CBN power fund

* Nobody forced me to concede defeat to Buhari — Jonathan  * Senate to probe N213bn CBN power fund

SABINEWS MORNING NEWS UPDATE FOR DECEMBER 18, 2016

 

 

Nobody forced me to concede defeat to Buhari — Jonathan

Former President Goodluck Jonathan on Saturday said nobody convinced him to concede defeat to President Muhammadu Buhari after the 2015 presidential poll.

Jonathan, who spoke at the 4th, 8th and 2nd combined convocation and 10th anniversary of Bingham University, Nasarawa State, stressed that he willingly relinquished power because no blood of any Nigerian was worth his political ambition. Read more

Senate to probe N213bn CBN power fund

President of the Senate, Senator Bukola Saraki, has urged the Senate Committee on Power, Steel Development and Metallurgy to conduct a public hearing on the declining electricity generation in the country, which currently stands at 3000 megawatts capacity.

The public hearing is expected to verify the claims and counterclaims of non-remittance of revenues between the Nigeria Bulk Electricity Trading Company, Electricity Distribution Companies and Generation Companies. Read more

Police begin forensic analysis of Wike’s controversial audio clips

The Inspector-General of Police, Ibrahim Idris, has set up a team of detectives to conduct forensic analysis on the audio clips of a phone call purportedly made by Governor Nyesom Wike in respect of the concluded rerun elections in River State.

An online medium, Sahara Reporters, had posted audios of phone calls allegedly made by Wike in which he allegedly instructed some electoral officials to rig the election. Read more

Confirmation crisis: Magu blocked from seeing Buhari

The embattled acting Chairman of the Economic and Financial Crimes Commission, Mr. Ibrahim Magu, has been unable to meet with President Muhammadu Buhari since the beginning of the crisis that engulfed the confirmation of his appointment.

Reliable sources told Sunday PUNCH on Saturday that Magu had made spirited efforts to see President Buhari in the aftermath of the Senate’s refusal to confirm his appointment. The Senate, on Thursday, had based its decision on a security report by the Department of State Service which accused Magu  of abuse of office and corruption. Read more

First lady, Osinbajo, others absent as Buhari marks 74th birthday

Wife of the President, Aisha Buhari, Vice-President Yemi Osinbajo and principal officers of the National Assembly were conspicuously absent when officers and men of the Presidential Brigade of Guards held a special parade to mark President Muhammadu Buhari’s 74th birthday on Saturday.

The parade which was held at the forecourt of the President’s office inside the Presidential Villa, Abuja was attended by a few ministers, presidential aides and service chiefs. Read more

PDP accuses APC of plotting to burn Edo INEC office

The national leadership of the Senator Ahmed Makarfi-led Peoples Democratic Party on Saturday alleged that the Edo State chapter of the All Progressives Congress was planning to burn the office of the Independent National Electoral Commission in the state.

Spokesperson for the Makarfi-led PDP, Dayo Adeyeye, who stated this in a statement, said the party was reliably informed that some APC members were planning to destroy the documents used for the September 28 governorship election in the state. Read more

Military warns soldiers against extortion at checkpoints

The Flag Officer Commanding, Eastern Naval Command, Rear Admiral James Oluwole, has warned soldiers against extorting money from motorists at checkpoints.

Oluwole gave this warning at the headquarters of the Eastern Naval Command in Calabar, Cross River State during a sensitisation campaign for members of the Armed Forces of Nigeria on value system and re-orientation. Read more

Enugu: Police yet to identify beheaded woman

The Enugu State Police Command on Saturday said it had not yet identified the beheaded lady whose body was dumped in a street in the state.

It added that it also had not received any report of a missing person from anyone. The command told SUNDAY PUNCH that it embarked on a full-scale investigations in order to unravel the mystery behind the headless body. Read more

Buhari’s second term’ll position Igbo for presidency in 2023 – VON DG

Director General of Voice of Nigeria, Mr. Osita Okechukwu, on Saturday said President Muhammadu Buhari’s re-election for a second term would position Igbos for the presidency in 2023.

Okechukwu, who spoke during a ceremony to mark the 10th anniversary of the coronation of Igwe Ambassador L. O. C. Agubuzu of Olo Kingdom, in Olo, Enugu, urged Igbos to support the Buhari administration. Read more

Bayelsa students in Ghana Varsity barred from writing exams, hostels

Bayelsa State students studying at King’s University College, Accra, Ghana, have been prevented from writing their examinations as well as being chased out of the institution’s hostels, The PUNCH has learnt.

The revelation is coming more than three weeks after the Bayelsa State Government said that it had approved the payment of sundry fees for its stranded students studying abroad. Read more

Anambra CJ berates DPP over death of inmate

The Anambra State Chief Judge, Justice Peter Umeadi, has berated the state Department of Public Prosecution for the shoddy handling of the case of a robbery suspect, Ndubuisi Baluolisa, who died after awaiting his bail application for six years.

Umeadi expressed this during the jail delivery service at the Awka prisons on Friday. The deceased was listed among four inmates under the ‘very sick’ category whose cases were expected to be treated compassionately by the CJ on the mission. Read more

NNPC HQ targeted N912m, posted zero revenue in October

The corporate headquarters of the Nigerian National Petroleum Corporation did not generate any revenue in October 2016 and failed to contribute any amount to the group purse for the month.

The latest monthly NNPC Group Financial Report obtained in Abuja on Friday showed that the national oil firm’s headquarters failed to generate revenue despite targeting a revenue generation of N912m for the month in review. Read more

India, Europe slash imports of Nigerian oil

Nigeria’s crude oil exports dropped by about 11 per cent in the third quarter of the year as India and some European countries slashed their imports in September.

A new report from the Nigerian National Petroleum Corporation showed that India, the single largest buyer of Nigerian crude, bought 10.12 million barrels in September, down from 12.54 million barrels the previous month. Read more

Commercial banks not friendly to agribusiness — NAGB

Deposit Money Banks do not lend to farmers at affordable rates because they are not in tune with agricultural demand across the country, the Nigerian Agribusiness Group has said.

According to the NAGB, commercial banks in Nigeria have a different approach when it comes to lending money for agriculture and should not be forced to lend to farmers at low-interest rates. Read more

Atiku’s fiscal policy recipe

AS part of his recommendations for the restructuring of Nigeria, former vice president Atiku Abubakar has suggested that some of the sweeping, unitary measures guiding the country’s fiscal operations are illogical, unfair and should be discarded.

Speaking as the chief presenter at the presentation of a book on Nigerian federalism, the former vice president took a swipe at the nation’s sales tax regime. Read more

Nigeria spends N3.4tn to import rice, fish, others annually

Nigeria spends about N3.4tn annually on importation of four food items – rice, wheat, fish, and sugar – statistics obtained from the Central Bank of Nigeria have shown.

A document of the Federal Government also showed that the amount spent on importation by the country was expected to increase to N9.9tn in 2017 owing to slow economic recovery. Read more

External Reserves Sustain Marginal Gains, Rise to $25bn

Nigeria’s foreign reserves, which have been on a steady rise since November, currently stand at $25.043 billion, data from the Central Bank of Nigeria (CBN) has revealed.

The present value of the reserves, which is derived mostly from the proceeds of crude oil sale represented an accretion by $1.086 billion or 4.5 per cent, in the last seven weeks, compared with the $23.957 billion it was as at November 2, 2016. Read more

Mikel Edging Closer to China Move

Reports that Super Eagles and Chelsea midfielder Mikel Obi is set to move to China are credible according to some insiders at the London Club. If the move goes through, the player will be joining his team mate, Oscar in the Far East, come January.

The Nigerian has failed to make a single appearance this season for the Blues, as new manager Antonio Conte consistently overlooks him in his new 3-4-3 formation. Read more

Sultan of Sokoto visits Enugu to honour Rangers, inaugurate projects

His Eminence, the Sultan of Sokoto, Alhaji (Dr.) Muhammad Sa’ad Abubakar is among the dignitaries expected to attend tomorrow’s grand reception being organized by the Enugu State Government in honour of the 2015/2016 Nigerian Professional Football League Champions, the Enugu Rangers International Football Club.

The Sultan of Sokoto who is a staunch fan of Enugu Rangers starting from his days in Nsukka (from 1977 to 1983) as an Army Officer has remained committed to the noble course of the club till date. As a football enthusiast, his love, passion and support for Rangers throughout the last season up till the day the club won the NPFL trophy was inspiring and remarkable. Read more

Super Sand Eagles qualify for Beach AFCON final, secure FIFA Beach Soccer World Cup spot

Nigeria’s Super Sand Eagles have qualified for next year’s FIFA Beach Soccer World Cup 2017 in Bahamas after walloping Morocco 6-1 in the second semi final match at the CAF Beach Soccer Africa Cup of Nations ongoing at the Eko Atlantic Beach, Lagos on Saturday night.

Having seen Senegal progress to the final in the previous match, Nigeria had Emmanuel’s opener cancelled out by Morocco skipper Nassim before the first break. Read more

Indonesian plane crash kills at least 12

At least 12 people on board an Indonesian military aircraft were killed Sunday morning when the plane crashed into a mountain in the eastern section of the country, the Indonesian military said in a statement.

The Hercules C-130 took off from Timika at 5:35 a.m. local time and was expected to land in Wamena at 6:13 a.m. Read more

Robert Mugabe, 92, set to stand for president in 2018

Zimbabwean President Robert Mugabe, who turns 93 in February, was endorsed on Saturday as the ruling party’s candidate in a national election scheduled for 2018.

The ruling ZANU-PF party announced its support in the southeast town of Masvingo, where the party’s youth wing even proposed that Mr Mugabe should rule for life with broad powers. Read more

Paramedics to be fitted with body cameras after violent assaults soar

Paramedics in Victoria will be fitted with body cameras in a $500,000 trial to see if it reduces the level of violence they face on the job.

Paramedics were exposed to violence at more than 5,000 cases in 2015-16, according to figures provided by Ambulance Victoria, at a rate of about 13 a day. Read more

Large tree falls on California wedding party, killing one and injuring five

One person was killed and five others were injured when a large eucalyptus tree fell on a wedding party while it took photographs at a southern California park on Saturday, authorities said.

Six people were trapped under the tree at Penn park in Whittier, the Los Angeles County fire department said. Video from the scene showed fire crews using chain saws to cut through the branches. 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]

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