* Sokoto Cement declares N1.25bn profit (Sun) * Fashola to sign Mambilla Hydro project today (DailyTrust) *

*   Sokoto Cement declares N1.25bn profit (Sun)    *    Fashola to sign Mambilla Hydro project today (DailyTrust) *

SABINEWS MIDDAY NEWS UPDATE, NOVEMBER 10, 2017

 

Sokoto Cement declares N1.25bn profit (Sun)

The management of Cement Company of Northern Nigeria (CCNN), otherwise known as Sokoto Cement on Wednesday declared a profit of N1.2 billion for the 2016 operation year, despite recession. The chairman of the company, Dr.Abdulsamad Rabiu made the disclosure in Abuja at the company’s 38th Annual General Meeting (AGM), and said the profit grew by four per cent from N1.2bn in 2015. Read more

Fashola to sign Mambilla Hydro project today (DailyTrust)

The China Gezhouba Group Company Limited (CGGC) has said it would soon launch the 3050 megawatts (mw) Mambilla Hydroelectric Project in Taraba state, just as the minister of power, works and housing, Babatunde Fashola would sign the project contract today at the ministry. The firm which is one of the contractors said in a statement that the project would improve the living standard of Nigerians and contribute to strengthening the ties between China and Nigeria. Read more

Fleet of local airlines drops from 90 to 41 (Sun)

The Aviation Round Table (ART), a pressure group comprising mostly Nigeria’s top aviation professionals, yesterday hinted there has been a drastic drop in the combined fleet of local carriers, warning the trend portends grave danger for the nation’s economy. The ART at its 2017 annual conference held in Lagos on Thursday, put the current fleet figure at 41, representing a 54 per cent drop from an initial 90 aircraft operated some 10 years back. Read more

Fashola refutes fraud allegations (Guardian)

The Minster of Power, Works and Housing, Mr Babatunde Fashola has said that there was no fact in the allegation of diversion of 350 million dollars levelled against him and the ministry. Fashola in a statement entitled: “Before Perception Becomes Reality,“ on Friday in Abuja, said that the ministry was ready to provide full, factual and detailed response when formally invited by the Senate. Read more

Reps applauds Unilorin’s 17years uninterrupted academic sessions (Guardian)

The House of Representatives Committee on Higher Education on Friday applauded the University of Ilorin’s 17 years uninterrupted academic sessions. The Chairman of the committee, Malam Aminu Sule, gave the commendation when he spoke with newsmen after an oversight visit to the institution in Ilorin. He pointed out that as long as the scenario was acceptable to the teachers and students of the University; then, “kudos to Unilorin”.  Read more

Police nab 16 suspected kidnappers, armed robbery gang (Vanguard)

The Nigeria Police Force has arrested 16 suspects for alleged kidnapping, armed robbery and unlawful possession of prohibited firearms in Sabo Wuse in Tafa Local Government Area of Niger. The suspects are: Abdulkareem 48, gang leader, Ahmed Musa, Muhammadu , 25, Abdullahi , Abdulmalik , Ahmed and Yakubu . Read more

States yet to access N76bn 2017 UBEC grant – Official (DailyTrust)

The Universal Basic Education Commission (UBEC) said on Friday that state governments have not accessed the N76 billion due to them for 2017 projects. The unclaimed fund represents 20 per cent of the total matching grants of N380 billion released to the commission as at October 31. The Executive Secretary of the Commission, Dr Hammid Bobboyi made the disclosure in Lagos at a summit on basic education organised by the Education Writers’ Association of Nigeria (EWAN). Read more

Nigerian scientists, others seek better funding for medical research (Vanguard)

Nigerian scientists and their counterparts from the United States Centre for Disease Control, CDC, have called for adequate funding of innovative medical research with a view to ensuring national development and effective response to disease outbreaks. The scientists, who spoke at the 4th International Scientific Conference of the Nigerian Institute of Medical Research, NIMR, in Lagos, maintained that research was the greatest engine for human development.  Read more

‘How we resolved UNILAG MSSN face-off’ (Guardian)

The out-going Vice-Chancellor of the University of Lagos, Prof. Rahamon Bello, says the crisis of the institution’s Muslim students’ society was resolved through dialogue. He said that all members of the Muslim Students Society of Nigeria (MSSN) drafted a new constitution that resolved the conflicts within the society. At a forum with the News Agency of Nigeria (NAN) in Lagos, Bello said management also ensured that the society’s first allegiance was with the institution. Read more

CBN’s interventions create over 7m jobs (Sun)

The Central Bank of Nigeria (CBN), has scored itself high in promoting inclusive growth and sustainable development as its intervention programmes have created over seven million jobs in the country. According to its acting Director of Corporate Communications Department, Mr Isaac Okorafor, who stated this Thursday at the CBN Special Day, at the ongoing Lagos International Trade Fair said the theme of the event:Promoting  Industrialisation for Economic Recovery and Sustainable Growth, resonates with the apex bank’s development financing agenda, through the interventions in critical sectors of the economy. Read more

Ease of doing business in Nigeria: NAFDAC reduces registration fees (Vanguard)

The National Agency for Food and Drug Administration and Control, NAFDAC, says it has reduced the cost of business registration for Micro, Small and Medium Enterprises, MSMEs, to enhance ease of doing business in the country. The reduction in the cost of registering businesses, the agency said, is to further boost the economy and create employment in the country. Read more

Ghanaian don rates cedi stronger than naira (Sun)

A lecturer at the University of Cape Coast, Ghana, Dr John Gatsi, yesterday  compared the Ghanaian  cedi with Nigerian  naira, saying that the cedi is stronger than the naira because  Ghana has no limit to the importation of food items. Speaking to journalists in Ghana on Accra  at a  training workshop facilitated by FBN Holdings, Gatsi attributed the situation to different economic fundamentals of the two countries. Read more

Made-in-Aba products have rejuvenated our economy — Ikpeazu (Vanguard)

Governor Okezie Ikpeazu of Abia State yesterday said that with the increasing patronage of Made- in- Aba products, the city would rise again and reclaim its lost glory as a centre of trade and manufacturing. The governor, who spoke at the investiture of the 15th President of the Aba Chamber of Commerce, Industry, Mines and Agriculture, ACCIMA, Mr. Andy Uba Obasi, in Aba, stated that the Made in Aba campaign has rejuvenated the economy of the city through opening business opportunities for artisans and manufacturers in Aba. Read more

Traditional medicine practitioners protest ‘neglect’ in Abeokuta (DailyTrust)

Some members of the traditional medicine practitioners yesterday almost took the shine off the 60th National Council on Health opening ceremony in Abeokuta, Ogun State capital, as they embarked on a peaceful protest against what they described as “neglect and relegation to background of their position in the country’s health sector.” Under the aegis of the National Association of Traditional Medicine Practitioners, the members carried various placards to challenge the federal government on the situation of the association as it also affects the bill before the National Assembly. Read more

Nigerians urged to embrace polymer technology    (Sun)

Nigerians have been advised to invest in the research and propagation of polymer technology as a catalyst to fast-track industrial development in the country. Speaking at the Polymer Institute of Nigeria’s 28th annual technical conference in Port-Harcourt, the National President of the institute, Prof. Paul Mamza said stakeholders ranging from the manufacturing, education and agriculture sectors of the economy must diversify and “move from overdependence on crude oil proceeds to investing in technology and industrialisation, if the country must follow the path. Read more

Nigeria generates 4,900mw peak electricity in October – FG (DailyTrust)

The Federal Ministry of Power, Works and Housing has said that peak electricity generation reached 4,900 megawatts on October 31, 2017 being the highest peak generation in 19 months. The last time the peak generation was surpassed was on February 2, 2016 when it reached 5,072mw on the national grid. Read more

NFF Act is an attempt to legalise illegality – Lawyer (Punch)

A Lagos-based lawyer, Rilwan Alli, has described the proposed Nigeria Football Federation Act as “an attempt to legalise illegality”, saying the House of Representatives’ Committee on Sports efforts to replicate the Act was preposterous. On May 30, a Bill for an Act to repeal the Nigeria Football Association Act and enact the Nigeria Football Federation was passed by the Senate. Senate President, Bukola Saraki, and the Clerk of the Senate signed the Senate version of the Bill. Read more

I can’t wait for international debut for Nigeria ―Onyekuru (Tribune)

Nigerian international striker, Henry Onyekuru is looking forward to his first official debut for Nigeria as the Super Eagles face the Desert Warriors of Algeria today in Constantine in the 2018 FIFA World Cup qualifier. The dead rubber clash is scheduled to kock off at 8:30pm Nigeria time. Onyekuru expressed his delight on Twitter after the RSC Anderlecht (on loan from Everton) forward made his first appearance in a non-competitive game against Togo in June this year.  Read more

Sacked players battle Shooting Stars over unpaid salaries (Punch)

The 20 players sacked by Shooting Stars have said they will  report the club to the National Association of Nigeria Professional Footballers over the failure of the outfit to pay their two months’ salaries. The Ibadan  club in October sacked 20 players and retained 20 after they were relegated  from the Premier League to  the Nigeria National League at the end of last  season.  Wasiu Jimoh, Junior Merenini, Suraju Sadiq, Abu Azeez and Tolulope Olaifa are among the players fired by 3SC. Read more

Eagles determined to win – Mikel (FL)

Tianjin Teda of China midfielder, John Mikel Obi says he and his colleagues in the Super Eagles are determined to win Friday’s last World Cup qualifier away in Algeria, because they want to complete the race to Russia 2018 unbeaten. In contrast with verdict in certain quarters that the Nigerian players will take the game with levity, since they have already qualified for the World Cup, the Eagles’ skipper said they will give the match their best. Read more

Akinyemi leads 3SC Exodus (Tribune)

One of the longest serving of Shooting Stars Sports Club (3SC) and the captain of the team, Seun Akinyemi, is on way to pen a deal with newly-promoted team, Yobe Desert Stars. It will be recalled that Yobe Desert secured promotion to the Nigeria Professional Football League (NPFL) from Nigeria National League. Read more

GOtv promises Algeria, Nigeria tie (Punch)

GOtv  says it will broadcast Friday’s 2018 World Cup qualifier  between  Super Eagles and the Algeria in Constantine. The Eagles hope to wrap up their qualifying campaign in style and use the match as part of the preparations for the tournament in Russia next year. The World Cup qualifiers continue on Saturday with Zambia playing  Cameroon in their final Group B match. Ivory Coast will also play  Morocco. Read more

FIFA unveils 2018 World Cup official match ball (Tribune)

A reinvention of a classic model with a brand-new panel design and the latest technology: in an exciting re-imagining, Adidas today revealed the official match ball for the 2018 FIFA World Cup Russia, which pays homage to the first-ever Adidas World Cup ball. The Telstar 18 evokes unforgettable memories of the 1970 FIFA World Cup – and of legends like Pelé, Gerd Müller, Giacinto Facchetti, Pedro Rocha and Bobby Moore – and will feed the dreams of those who will play for football’s most coveted prize in Russia next year. Read more

Guardiola’s tactics’ruined Italian defending, says Giorgio Chiellini (IBTimes)

Juventus centre-back Giorgio Chiellini has labelled the tiki-taka style of possession-based football – popularised by Manchester City manager Pep Guardiola – as a threat to the rich traditions of Italian defending. Guardiola is credited with revolutionising football with his tactics at Barcelona, where he won three consecutive titles in four years, before introducing his famed style of play at Bayern Munich and then City. Read more

Tottenham’s new £850m stadium starts to take shape (Mirror)

New images reveal Tottenham Hotspur’s new stadium is starting to take shape as the enormous south stand looms over the building site. The south stand, inspired by a similar structure at Borussia Dortmund and The Kop at Anfield, will hold 17,000 seats. It will be the biggest single tier stand in Europe. Construction crews are working around the clock to complete the £850million stadium in time for the 2018/19 season, with Spurs hoping to move in next summer. Read more

Zinedine Zidane my dream coach – Eden Hazard (IndianExpress)

Chelsea star Eden Hazard has expressed his desire to play under Spanish football giants Real Madrid coach Zinedine Zidane and said he was “my dream coach and idol”. “Zinedine Zidane would be a dream to have as a coach,” the Belgian international was quoted as saying by the Independent on Friday. Read more

May must pay up and clear out the Brexit rebels. (Guardian)

Why does Theresa May keep telling us what we already know? She says she will not “tolerate” Brexit backsliding from rebel remainer MPs. What we actually want to know she’s not tolerating is a much smaller group of flat-Earth rebels backsliding from a sensible Brexit. It is that madness she cannot fudge. Brexit talks now resuming in Brussels are just days away from collapse. There is not the slightest doubt as to the crunch issue. Read more

Philippines president says he once stabbed someone to death (Guardian)

The Philippine president, Rodrigo Duterte, has said he stabbed a person to death as a teenager, in a defiant speech to promote his drug war ahead of a summit of world leaders in Manila. Speaking to the local Filipino community in the Vietnamese city of Da Nang on Thursday, Duterte also threatened to slap a UN rights rapporteur if he met her, and used obscene language to hit back at critics of his deadly drugs crackdown. Read more

Trump to Asia: Goodbye to days of trade abuses with U.S. (NBC)

President Donald Trump came to a major meeting with Asian countries armed with an awkward message for trading partners: no more Mr. Nice Guy. Trump on Friday pledged to end years of “chronic trade abuses” that he said have plagued the U.S. “I wish previous administrations in my country saw what was happening and did something about it,” Trump said in a speech ahead of a summit of Asia-Pacific Economic Cooperation (APEC) leaders. “They did not. But I will.”   Read more

Yemen to run out of fuel and vaccine (Reuters)

Yemen’s stocks of fuel will last until the end of November and stocks of vaccines run out in one month if a Saudi-led military coalition does not allow aid into Hodeidah port and the Sanaa airport, UNICEF’s representative in the country said on Friday. Meritxell Relano, speaking by phone to reporters in Geneva, said fuel prices had risen 60 percent because of the shortage and there were urgent concerns about a diphtheria outbreak, as well as food shortages because of the port closure. 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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