Sabinews Midday News Update for December 30, 2014
Wreckage, Bodies Found in Air Asia Hunt
Teams searching for AirAsia Flight 8501 have found more than 40 bodies along with debris floating in the Java Sea southwest of Borneo, and it is “95 percent likely” the objects are from the missing plane, Indonesian civil aviation officials announced Tuesday. At least three bodies were recovered Tuesday evening local time and a ship was dispatched to ferry the remains to the nearest city, probably in Kalimantan. Searchers reported seeing a large shadow on the seabed, suggesting the crashed jet has been located.
Indonesian military aircraft and some ships spotted several objects, including an airplane’s emergency exit door, an emergency slide, and square metal objects, as well as the bodies, floating in the sea, beginning around 11 a.m. local time, Bambang Soelistyo, Indonesia’s search-and-rescue chief, said at a press conference in Jakarta that was broadcast live. Other officials told reporters that searchers also spotted a life vest and baggage in the water. Within hours, the Indonesian navy said dozens of bodies were being seen. Read more
Jega unsettles governors, politicians, reshuffles RECs
As part of its preparations to conduct the 2015 General Elections, the Independent National Electoral Commission (INEC), has deployed its Resident Electoral Commissioners (RECs) in the thirty six states and the Federal Capital Territory (FCT).
The move has unsettled several political stakeholders and notably governors who had compromised some of the RECs ahead of the 2015 elections. Read more
Aregbesola rues nation’s economy
Osun State Governor, Rauf Aregbesola, has launched a blistering attack on President Goodluck Jonathan, lamenting that the country under the current administration has been badly managed.
Aregbesola, who spoke at a book presentation to mark the 50th birthday of a frontline rights activist, Comrade Amitolu Shittu, said under Jonathan, Nigeria’s economy nosedived to the point of near collapse and that Nigerians deserve to know the true state of affairs in the country. Read more
Financial services, invisible imports top sectoral forex utilisation in 4 years
The financial services sector ranks highest in foreign exchanges utilisation in the country, data on forex usage between 2011 and 2014 have shown.
This explains why the Central Bank of Nigeria (CBN) has restricted commercial banks’ trading in foreign exchange (forex) with its new rule. Analysis of the sectoral utilisation of forex by the BusinessDay Research and Intelligence Unit (BRIU) shows that the imports of invisible financial services were the highest consumers of foreign exchanges when compared with other sectors of the Nigerian economy between 2011 and 2014. Read more
TEM – NERC Reviews Tariff Methodology
The Nigerian Electricity Regulatory Commission, NERC, has approved a review of the Multi- Year- Tariff Order, MYTO, 2 regime ahead of take-off date for a disciplined electricity market by January 1, 2015.
With the commencement of MYTO 2, the Commission will now progressively hold electricity distribution, transmission, generation companies as well as other market operators to the terms and conditions of their licences. Read more
Greece crisis: Europe on edge over snap election
News that Greece faces a snap election on 25 January has been met with international concern, with the radical left scenting victory.
Alexis Tsipras, leader of Syriza, has vowed “austerity will be history” if his left-wing party wins on 25 January. Read more
Gunfire reported in Gambian capital as president away
Residents in the tiny West African nation of Gambia are reporting heavy gunfire near the presidential palace.
The violence rocking Banjul early Tuesday comes as longtime ruler Yahya Jammeh is out of the country on a visit to France. Read more
IS Group Claims Suicide Attack in Iraq
The Islamic State group has claimed responsibility for a suicide attack on a funeral tent north of the Iraqi capital Baghdad that killed 16 people and wounded 34 others.
The claim was made in a statement posted Tuesday on a Twitter account frequently used by the extremist group. It did not mention the nationality of the attacker. Read more
Albanian seamen die in ferry rescue
Two Albanian seamen have been killed on a tugboat while towing the fire-stricken Norman Atlantic ferry.
Both men died after a connecting cable between the vessels snapped on Tuesday morning and became entangled in a propeller, Albanian officials say. Read more
Ebola patient in Britain transferred to London
A health care worker stricken with the Ebola virus has been transferred from Scotland to London for specialist treatment.
The woman arrived at the isolation unit of the Royal Free Hospital in north London Tuesday. She was transferred from Glasgow via a military-style plane in a quarantine tent. Read more
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