BusinessDay 04 Aug 2019

Page 1

Wike sacks Rivers’ varsity VC, deputy …Over killings, exam malpractices in the institution Ignatius Chukwu

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s shooting and killing return to the Rivers State University (RSU), known for decades as University of Science and Technology (UST), which was respected as Nigeria’s premier university of science and technology,

Nyesom Wike

Governor Nyesom Wike has shown anger, sacking the vice chancellor and his deputy. This was contained

in a statement issued on Saturday, August 3, 2019, by Dagogo Adonye Hart, permanent secretary, Ministry of Education. It said: “Rivers State Governor and Visitor of the Rivers State University, Nyesom Ezenwo Wike has relieved the Vice ChancelContinues on page 4

L-R: Ayeni Adekunle, founder/CEO, BHM Group; Tony Agenmonmen, president & chairman Council, National Institute of Marketing of Nigeria (NIMN); Emmanuel Oriakhi, marketing director, Nigerian Breweries Plc., and Alex Okosi, executive vice president & managing director, BET Int’l & Viacom Africa, at the NIMN Investiture in Lagos, where Ayeni and Okosi were inducted as fellows of the institute.

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www.businessday.ng Sunday 04 August 2019

House Standing Committees: How Gbajabiamila heeded Oshiomhole’s command of APC ‘will not share power p. 13 with opposition’

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Vol 1, No. 274 N300

?? Stanbic, Rencap, CSL, others trade

N1.19trn equities in 7 months

39 pp.41.

p. 16 & 29

10 years of bloody campaign: Nigeria bleeds under Boko Haram insurgency

inside

p. 19

Businesses that have boomed in Nigeria since 2015

Low-grade war leaves thousands dead, homeless Despite claim of being degraded, sect remains existential threat

Innocent Odoh, Abuja

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igeria is tormented by crises parallel only to some beleaguered countries of the Middle East where mindless acts of terrorism have crippled socio-political and

infrastructure development and created uncertain future. 10 years ago, precisely in July 2009, a scarcely armed group of Islamists called the Jama’atu Ahlis Sunna Lidda’awati walJihad popularly known as Boko Haram (Western Education is forbidden) provoked an uprising against the Nigerian state and

sowed a seed of unrelenting, but costly insurgency. Perhaps, it was the unheeded warning and lackadaisical approach by the government that intensified the Boko Haram terrorism. The fundamentalist Islamist sect, which started in remote parts of north east Nigeria around 2002 was principally

organised and led by founder and spiritual head, Mohammed Yusuf. The sect seeks the establishment of an Islamic state in Nigeria but their toxic preachments against Nigeria’s secular status and their proposition of violence against the Nigerian Continues on page 2

p. 30

Untold story of childhood cancer in Nigeria

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ANTHONIA OBOKOH

4-year old Joseph was diagnosed with kidney cancer (neuroblastoma) 10 months ago at the Lagos University Teaching Hospital (LUTH). He was vomiting everything that he ate and his parents could not figure out what was wrong with him. When he was taken to Continues on page 4

L-R: Gboyega Soyannwo, deputy chief of staff, representing the governor of Lagos State ; Mary Uduk, Ag, DG, Security and Exchange Commission (SEC), representing the vice president ; Abubakar Sani Bello, governor, Niger State, and Chuka Eseka, president, Association of Issuing Houses of Nigeria, at the 2nd annual dinner and awards night of the association in Lagos. Pic by Pius Okeosis


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