* Police Confirm Attack on Shell Facility in Imo * Osinbajo: PIB will Not Solve All Problems in Oil Industry

* Police Confirm Attack on Shell Facility in Imo  * Osinbajo: PIB will Not Solve All Problems in Oil Industry




Police Confirm Attack on Shell Facility in Imo

The police have confirmed an attack on a facility belonging to Shell Petroleum Development Company (SPDC) at Awarra, Ohaji/Egbema Local Government Area of Imo State.

The Police Public Relations Officer in the state, Andrew Enwerem, told journalists in Owerri that the police received report of the attack in the early hours of yesterday. Enwerem could not disclose the extent of damage done to the facility or the group that carried out the attack. Read more

Osinbajo: PIB will Not Solve All Problems in Oil Industry

The Vice-President, Yemi Osinbajo, has warned that the Petroleum Industry Bill (PIB), when passed into law, will not cure all the ills afflicting the oil sector. Osinbajo, who spoke last Wednesday’s night in Abuja at the opening ceremony/dinner of the 10th annual business law conference organised by the section on Business Law of the Nigerian Bar Association (NBA), said there were more pressing problems in the oil and gas industry.

The vice president was responding to issues raised by the NBA’s President, Augustine Alegeh (SAN). Allegeh had in his welcome address delivered before the vice president’s speech, noted that the non-passage of the PIB by the National Assembly in the last 14 years, had stalled developments in the sector. Read more

Adeosun Pleads with Finance Ministry Workers to Understand Prevailing Economic Situation

The Federal Ministry of Finance has urged protesting workers demanding the payment of N.1.2 billion Special Overtime Allowance (SOT) to be patient and understand the prevailing economic situation facing the country. For three consecutive days, workers drawn from the ministry, Office of the Accountant General of the Federation and those of the Office of the Director General, Budget (Ministry of Budget and National Planning) had barricaded the

Finance Ministry headquarters in Abuja demanding to be paid N1.2 billion SOT, considered illegal by the ministry.
However, the Finance Minister, Mrs. Kemi Adeosun, was compelled to address the protesting workers on Wednesday and followed up with a meeting with their leaders, which appeared to have temporarily assuaged their grievances. Read more

N’Assembly Passes NDDC Budget

The National Assembly on Thursday passed the Niger Delta Development Commission (NDDC) 2016 budget.
In the Senate, the budget was following the adoption of the report of the Senate Committee on Niger Delta presented by its chairman, Senator Peter Nwaoboshi.

In passing the budget, the Senate reduced the initial budget of N260 billion earlier presented by President Muhammadu Buhari to N241.1 billion, thus implying a total of N18.950 billion reduction. Read more

Election funding: I stand by my story — Fayose
Governor Ayodele Fayose of Ekiti State has reacted to the alleged denial of the involvement of a second generation bank in the funding of his election in 2014, saying the bank should come out with an official statement on the matter.

The governor was reacting to a news report in the media claiming that the bank had dissociated itself from the funding of his election. Read more

Revealed: 10 Lawmakers on US Trip were Interrogated by State Dept over Sex Scandal

The 10 lawmakers who attended International Visitors Leadership Programme in Cleveland, Ohio, United States, were interrogated by officials of the US State Department over allegations of sexual misconduct against three of their colleagues.

Hon. Mark Gbillah, Hon. Samuel Ikon and Hon. Garba Gololo were accused of soliciting for sex during the trip. THISDAY gathered from reliable sources that the lawmakers were interrogated in April 2016 before they returned to Nigeria. Read more

PDP Crisis: Makarfi Sent Fulani Herdsmen after Us, Alleges Sheriff

The ousted National Chairman of the Peoples Democratic Party (PDP), Senator Ali Modu Sheriff, has accused the Chairman of the party’s National Caretaker Committee, Senator Ahmed Makarfi, of sponsoring Fulani herdsmen to evict him and his loyalists out of the national secretariat.

Sheriff, while inaugurating his group’s version of the governorship election primaries committee for Edo State yesterday in Abuja, insisted that Independent National Electoral Commission (INEC) did not monitor the Makarfi primary.
“ INEC is a creation of law and is created to monitor political parties. We are told officially that INEC did not send anybody to monitor the election,” he said. Read more

Senate Tells FG to Move N50bn Paid by MTN to TSA

The Senate Thursday told the federal government to move the initial N50 billion part payment of the fine imposed on MTN by the Nigeria Communications Commission (NCC) from the Central Bank of Nigeria‘s (CBN) recovery account to NCC treasury single account (TSA). The Senate also mandated its committee on communications to adequately probe the handling of the fine imposed on MTN from N780 billion to N330 billion.

NCC had in October, 2015, imposed a fine of N1.04 trillion on MTN over its decision to keep over five million unregistered subscribers in its network last year in violation of NCC Act. However, after sustained pressure from MTN and external forces, NCC reduced the fine to N780 billion before finally reviewing it downward to N330 billion a fortnight ago. The committee had at the weekend sent out letters summoning all stakeholders. Read more

I leave my persecutors to God for ultimate judgment—Dasuki
Former National Security Adviser, Col. Sambo Dasuki (rtd), told a Federal High Court in Abuja that he was being punished by persons at the highest level of power for perceived grievances held against him while in active military service many years ago. Meanwhile, the Federal Government, yesterday, told a Federal High Court in Abuja that witnesses against Dasuki must be protected. Read more

FG’s Chaotic Interference in Senate Matters

The suit filed recently by the federal government, alleging forgery in the election of the Senate President Bukola Saraki and other principal officers of the senate is crossing the line in the separation of powers, writes Segun James

Apparently in need of something controversially engaging to keep him in the news for a while, the Minister of Justice and Attorney-General of the Federation, Abubakar Malami, last week filed a suit, accusing the President of the Senate, Bukola Saraki, his deputy, Ike Ekweremadu and two others of forging the 2015 Senate Standing Rules used in electing Saraki and Ekweremadu to office. This is coming over a year after the election had taken place. Read more

Why I retained Arase when I became President — Buhari
President Muhammadu Buhari, yesterday, in Lagos revealed why he retained the just retired Inspector-General Police, Solomon Arase when he assumed office not because of his strategy and tactics as a policeman, but because of his intellect and capacity as an operations person.

This came as different speakers took turns to commend  Governor Akinwunmi Ambode of Lagos State, at the public presentation of a book launch, “Cascade of Change: A decade of liberal thoughts,” written by Lagos State Commissioner for Information and Strategy, Mr. Steve Ayorinde. Read more

Incessant demands of Federal lawmakers
The Chairman of the Presidential Advisory Committee on Anti-Corruption, Professor Itse Sagay, put it aptly recently when he observed that our National Assembly members no longer fear Nigerians in the light of their recent moves to secure life pension for the principal officers of the House of Representatives and the Senate.

These are the President of the Senate, the Deputy President of the Senate, the Speaker of the House of Representatives and the Deputy Speaker, House of Representatives. The Federal lawmakers canvassed the inclusion of this and the granting of immunity to the same officials in the ongoing constitutional amendment. The parliamentarians are also neck-deep in making constituency projects part of the annual Federal budgets. Already, they have arm-twisted President Muhammadu Buhari to approve N60 billion for the controversial projects in the 2016 Appropriated Act. Read more

Presidential c’ttee working on Special Crimes Court – Sagay
Chairman Presidential Advisory Committee on Anti-Corruption, Prof. Itse Sagay, SAN, yesterday, said that the committee was working on Special Crimes Court, which when completed and passed into law, will make the fight against corruption and other grafts faster.

He added, “My committee has concluded the drawing up of the Special Crimes Act for judges who will be specifically selected to adjudicate special crimes such as financial crimes, kidnapping, cyber crimes and drugs.” Read more

Scratch Card: Advocacy Group Sues NYSC over Mobilisation Fee

The Citizens Advocacy Initiative For Accountable Leadership (CAIFAL) on Thursday filed a suit at a Federal High Court in Lagos against the National Youth Service Corps (NYSC) over alleged mobilisation fraud.

Also joined as respondents in the suit are: The Director General of NYSC, Sidmach Technologies Limited, Minister for Youths and Sports, and the Attorney General of the Federation. Read more

Falana, a Disgrace to the Bar, Says Fayose

The Governor of Ekiti State, Mr. Ayodele Fayose, has described the Lagos fiery lawyer, Mr. Femi Falana, as a disgrace to the legal profession over the statement he allegedly made that the Economic and

Financial Crimes Commission (EFCC) has the power to freeze the governor’s account in spite of the immunity he enjoys.
In statement in Ado Ekiti yesterday by his Special Assistant on Public Communications, Lere Olayinka, Fayose described the human rights activist as a “mischievous lawyer,” who is always out to defend any position that satisfies his alleged self-serving interests. Read more

Group condemns forgery case against Ekweremadu
The current onslaught against the leadership of the Senate by the Federal Government has been condemned by Awgu Young Democrats. Rising from a meeting at Awgu, yesterday, the group through its chairman, Mr. Stanley Ude, briefed journalists on the outcome of the emergency meeting, noting that what the government could not achieve through the trial of the Senate President, they now want to achieve through the back door. Read more

Perth man ‘used Army training’ to escape Nigerian ambush of Macmahon employees

The mother of a Perth man who escaped an armed kidnapping in Nigeria on Wednesday believes her son’s Army Reserve training may have helped him elude a group of militants who shot dead a driver and snatched seven of his work colleagues.

Tim Croot was part of a convoy of Macmahon Holdings employees travelling to work at 5.30am local time in Calabar, in the south-east of Nigeria, when the group came under gun fire.  Read more

Soldiers, Policemen in Gun Battle over Rice for IDPs

Soldiers and policemen on Thursday sized themselves up at the Borno State Government House in Maiduguri in a clash over rice meant for internally displaced persons (IDPs).

Since last Monday, IDPs camp residents who chose to stay away from special camps but are resident within Maiduguri have daily thronged the state Government House to collect bags of rice on distribution. Read more

Breach of policy, presidential directive at NCS

Injustice to one Nigerian is injustice to all. The present Comptroller- General (CG) of Customs, Colonel Hameed Ali, and his special assistant, Col. Isah Buhari , are wise choices for these  positions. They are, unarguably, the best Nigerians in terms of incorruptibility and fairness. They are a blessing to the Buhari admininistration and to the nation at large.
I, however, want to draw their attention to the breach of policy and presidential directive by the ancien regime. This gross injustice has led to   low morale on the part of affected officers. The low morale and sense of exclusion felt by these officers of the Nigerian Customs have been aggravated by the selective implementation of a presidential policy and directive by the customs. This policy/presidential order conveyed by circular NO.082/2010 has been implemented in all the commands of the Nigerian Customs, except the Ogun State Command. Read more

Police officers must declare their assets, says acting IG

Acting Inspector General of Police (IGP) Ibrahim Idris has directed officers from the rank of Assistant Superintendent of Police (ASP) must declare their assets.

Idris, who spoke in Abuja yesterday during a visit to the Minister of Interior, Abdulrahman Dambazzau, said: “We are going to make sure that our police officers are more accountable to the people and we are going to make sure that we take over the street from criminals and ensure that our presence is felt in our cities, towns and villages. Read more

Communal clash: Delta community dismisses alleged imposition of N1m on male indigenes 

THE people of Igbide community, Isoko South Local Government Area, Delta State, have described as malicious and unfounded, media reports that a fine of N1 million was imposed on male indigenes of the community, who fled the area in the recent bloody clash with neighbouring Okpolo-Enwhe over a disputed piece of land.

Reacting to the media reports, President of Igbide Union, Chief David Edegware, in a statement, yesterday, said “To further prove the point that Igbide community is not the aggressor in this conflict and that we have always toed the path of peace, on June 13, 2016, information came to us that an Okpolo-Enhwe man and his wife strayed into our territory and were apprehended. Read more

A-Ibom Assembly grants Gov Emmanuel approval to obtain N14.16bn FG loan
AKWA Ibom State House of Assembly, yesterday, granted Governor Udom Emmanuel approval to obtain N14.16billon from the Federal Government. This followed a letter by Governor Emmanuel to the House dated June 17, 2016 requesting the approval of the House for Akwa Ibom State Government to participate in the budget support facility recently approved by the FG for 36 states of the country. Read more

NOUN introduces instructional tablets in Enugu
The National Open University of Nigeria, NOUN, seems to have finally found the missing formula for solving the endemic challenge of shortage of study materials in the university with the introduction of an electronic instructional tablet called i-NOUN.

The vice chancellor of the university, Professor Abdalla Uba Adamu, made this known on Tuesday during his courtesy visit to the chancellor of the university, His Royal Majesty Igwe Dr. Lawrence Chikezie Agubuzu, in his palace at Awene Ezeama-Olo in Ezeagu Local Government Area of Enugu State. Read more

Robbers kill bank customer, cart away money
A four-man robbery gang, yesterday, shot dead a 26 years old bank customer in the  Apapa area of Lagos and escape with his money. The deceased, Kingsley Chukwu, who was a private guard attached to a residential apartment at Creek Road, was reportedly on his way to deposit an unspecified amount in one of the new generation banks on Commercial Road when he was attacked.

Apparently trailed by the gunmen, who rode on two motorbikes, Chukwu, as gathered, was shot at close range by one of them, while another forcefully collected the bag containing the money from him. Thereafter, the robbers fired sporadically into the air as they zoomed off. Read more

Customs arrest man with 106 parcels of hemp, 4 passports
The Seme Area Command of the Nigeria Customs Service has arrested and handed over to the National Drugs Law Enforcement Agency, NDLEA, suspected cannabis trafficker, Mr. Sylvester Gbenga. According to a statement by the Customs Public Relations Officer of the Command, Taupyen Selchang, about 106 parcels of hemp were found on the suspect. Read more

Police kill robbery kingpin, Onye Army, in Aba shootout
Police in Aba, Abia State, have shot dead a robbery and kidnapping kingpin, who had been terrorising the city. The robber, popularly called Onye Army, was shot dead near the Good Morning Market area after his gang had robbed a victim of N3.5 million, which he withdrew from one of the new generation banks along Azikiwe Road. As they made to escape through the market, the gang saw a stationary police van, alighted from their car and riddled it with bullets, not knowing that the police had laid an ambush. Read more

BoI’s managed funds hit N44.6 billion

Managed funds under the portfolio of the Bank of Industry (BoI) has hit N44.6 billion as at end of the 2015 financial year.The funds may have however risen above the figure considering various Memoranda of Understanding sealed with its stakeholders since the beginning of 2016.

Besides, the bank also debunked reports that investigation activities by the Economic and Financial Crimes Commission (EFCC) at the bank bordered on sale of properties and shares, noting that the issue of alleged misapplied cement funds had since been resolved. Read more

BPE optimistic about nTel’s 700, 000 subscription targets

The Bureau of Public Enterprises (BPE) has expressed optimism about nTel’s 700, 000 subscription target set for the month of June by NATCOM Consortium.Speaking during his visit to nTel’s office recently, the Acting Director- General of the BPE, Dr.Vincent Onome Akpotaire, said that NATCOM Consortium, owners of NITEL/MTEL now nTel, have so far proved that their takeover of the once moribund enterprises is a step in the right direction as they have within a short time of acquisition turned them around with the state of the art equipment and an impressive roll out plan. Read more

Nigeria, Russia explore areas of mutual economic cooperation

A Russian Government delegation and the Lagos Chamber of Commerce & Industry (LCCI) are exploring areas of possible cooperation.

The Russian Government and its Trade Mission met their Nigerian counterparts at an event organised by the LCCI tagged RuNiTrade (Russia and Nigeria Trade launch), an e-commerce platform where areas of possible cooperation were discussed. Read more

Lagos Assembly approves budget for 20 LGs, 37 LCDAs

The Lagos State House of Assembly has approved the 2016 Budget Estimates of the 20 local councils and 37 local council development reas (LCDAs) in the state.

The approval followed the presentation of the report of the Joint Committee on Y2016 Appropriation of the LGs and LCDAs in the state as presented on the floor of the House on yedterday by the Chairman of the House Committee on Budget and Economic Planning, Rotimi Olowo. Read more

Cost of environmental compliance high, says MAN

The Manufacturers Association of Nigeria (MAN) on Wednesday lamented that the cost of being environmentally compliant is high and has continued to generate serious concern for manufacturers.

The Association, therefore, called on the government to harmonise the functions of the various environmental regulatory agencies, with a view to reducing the cost of compliance. Read more

Power sector loses 4,533Mw to gas shortage

The Nigerian Electricity Supply Industry (NESI) yesterday said it lost 4,533megawatts (Mw) to gas constraints on Wednesday.

For vandalism of gas pipelines that resulted in the gas shortage and 182Mw line constraint, the electricity market would have supplied 6,387Mw to its customers on June 22. Read more

Nigerian banks are strong, says Fitch

Fitch Ratings has said Nigerian banks are well capitalised to absorb the impact of the 40 per cent effective devaluation of the naira against the dollar. It said currency devaluation affects banks’ capital ratios largely because total risk-weighted assets are inflated when foreign currency (FC) assets are translated back into naira, while capital is denominated in local currency.

It assigned ratings to 10 Nigerian banks and its assessment is that, with a 40 per cent effective devaluation, the majority will not face an immediate breach of regulatory capital adequacy ratios (CARs). However, if the naira continues to weaken, buffers between minimum and reported CARs may decline to a level which heightens ratings sensitivity. Read more

Fed Govt pledges support for local content developers

The Federal Government has said it is ready to support to information technology (IT) local content developers that have solutions to some of the problems in besetting the country. It added that eight new technology innovation hubs would be set up across the six geopolitical zones in the country with one each in Lagos and Abuja.

Speaking yesterday at the maiden edition of Aso Villa Demo Day organised by the Federal Government through the Office of the Vice President, an official form the Office, the programme is in line with President Muhammadu Buhari’s economic diversification agenda. He added that the ICT sector is one of the key areas the government is exploring to develop so as to shore up dwindling oil revenue. Read more

Hope rises for job creation Q3 on 29.9 point employment index

The positive outlook in the volume of business done  by Nigerian firms put at 57.0 index points in May, reflected higher prospects for employment in the next quarter, as the employment index stood at 29.9 points, according to the Central Bank of Nigeria (CBN). Read more

Lagos SWAN petitions Dalung on botched U-17 basketball, female boxers trips
The Sports Writers Association of Nigeria, Lagos Chapter, has called on the Minister of Youth and Sports, Solomon Dalung, to institute investigations into the circumstances surrounding the non-issuance of visas to the national U-17 female basketball team to the FIBA U-17 Championships in Spain and the disqualification of the national female boxing team to the Rio 2016 World Qualification Competition held in Kazakhstan. Read more

Nigeria knows 2018 w’cup foes today

The third and final phase of the 2018 World Cup qualifiers will hold today in Cairo, Egypt with the 20 African countries that qualified for this stage drawn into five groups of four teams each. The draw will be conducted by the Confederation of African Football (CAF).

Before today, FIFA has released a special edition of its monthly rankings, which divided the 20 teams into four Pots of five teams each, with group winners picking a ticket to represent Africa. Nigeria is placed in Pot 2, alongside Cape Verde, Egypt, Mali and Congo DR. In Pot 1 are Ghana, Tunisia, Algeria, Cote d’ Ivoire and Senegal, while Pot 3 has Cameroon, Morocco, Guinea, South Africa and Congo Brazzaville. In Pot 4 are Uganda, Burkina Faso, Zambia, Gabon and Libya. Read more

Dream Team VI players, officials get US visas

Top official of the Nigeria Football Federation (NFF) has confirmed to SportingLife that the players and officials of  Dream Team VI have all secured US visas for the proposed training tour of America for the 2016 Rio Olympics.

But the much publicized Rio Olympics training camp in the United States of America will have to wait longer as there is no clear date for the team’s departure for the tour. Read more

Customs win maritime cup

The Nigeria Customs Service (NCS) on Tuesday defeated the National Association of Government Approved Freight Forwarders (NAGAFF) to win the 2016 edition of the annual Ships & Ports Maritime Cup Competition. Customs defeated NAGAFF 9 – 6 after penalties to lift the trophy for a record fourth time. Customs scored the opening goal in the 2nd minute through Abubakar Mikael but the NAGAFF boys equalised in the second half through Sunday Adeyemi. At the end of 90 minutes, Customs prevailed via 9-8 penalty shootout. Read more

AAC: Nigerian athletes’ prospect for gold haul fading
Day two of the African Athletics Champio-nships in Durban, South Africa had little prospect for Nigerian athletes, even as Cote d’Ivoire’s Ben Youssef Meite and Murielle Ahoure clinched the gold in the men’s and women’s 100m event decided yesterday.

It is highly unlikely that Nigeria that in the past dominated the sprint events with a 1,2,3 win in both categories, will produce a podium performance in Durban. There was no Nigerian sprinter in the men’s 100m clinched by Meite with a 9.95 seconds run. Mosito Lehata of Lesotho won silver with 10.04 secs while Akani Simbine of South Africa received the bronze with 10.05. Read more

Mamelodi Sundowns vs Enyimba: We must avoid mistakes – Onyekachi

Ahead of next Wednesday’s CAF Champions League Group B match between Enyimba and South African side Mamelodi Sundowns, the People’s Elephant forward Peter Onyekachi has warned his teammates against making mistakes.

Enyimba lost their opening game 1-0 against Egyptian side Zamalek courtesy an early goal by Bassem Morsy on a pitch soaked by torrential rain at the Yakubu Gowon Stadium in Port Harcourt while Sundowns defeated Algeria side Entente Setif 2-0 away from home. Read more

EU referendum: BBC forecasts UK vote to leave

The UK has voted by 52% to 48% to leave the European Union after 43 years in an historic referendum, a BBC forecast suggests. London and Scotland voted strongly to stay in the EU but the remain vote has been undermined by poor results in the north of England.

Voters in Wales and the English shires have backed Brexit in large numbers. The pound fell to its lowest level against the dollar since 1985 as the markets reacted to the results. Read more

Death toll in eastern China city tornado, hailstorm rises to 98

A TORNADO and hailstorm struck near a city in eastern China on Thursday, killing at least 98 people as it swept over its outskirts, destroying buildings, smashing trees and flipping vehicles on their roofs.

Local media reports said large numbers of people were injured and roads were blocked. Rescuers in the city searched Friday for survivors. Read more

Thai taxi driver suspended and fined for molesting female passenger

A TAXI driver in Bangkok has had his driving licence suspended by the Department of Land Transport (DLT) after he allegedly admitted to verbally and sexually harassing a female passenger.

Somchai Simli is not allowed to drive a taxi for six months, and will be fined 5,000 baht (US$141) for allegedly trying to molest her. According to the Bangkok Post, an earlier investigation also found that Somchai’s driver’s licence was expired. Read more

Syria conflict: Clashes as US forces ‘enter Isis-held Manbij’

Kurdish and Arab fighters backed by the US have entered Manbij, an Isis stronghold in north Syria, according to the forces and a monitoring group.

Fierce fighting between Syrian Democratic Forces (SDF) soldiers and Isis fighters reportedly erupted at ground level as the rebel alliance penetrated the city on Wednesday. Read more

Donald Trump’s trip to UK perfectly ill-timed

Remember the scene in the Godfather where Michael Corleone says “it’s not personal, it’s strictly business?” Well you could rework that quote for Donald Trump, except in his case it would be “it’s not politics, it’s business”. How else do you explain his arrival at the wonderful links course on Scotland’s west coast tomorrow?

To be clear, there is nothing unusual about a US presidential nominee doing a highly-condensed, gap year-style inter-rail tour around the capitals of Europe, glad-handing with the ruling elite, showing off your grasp of knotty global issues and buttering up the leaders you will be spending the next four years with at interminable G7s, G20s, Nato councils, UNGAs and nuclear security summits. It’s what you do. 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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