Saturday 11 10 2014 e version

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Adamawa gov swears in new Chief Judge Pg.66

Gov Ngilari

Malala wins Nobel Peace Prize Pg. 2

Malala

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Saturday, October 2014 Saturday, March 23,11, 2013

N200 N200

2015:Top politicians scramble for forms

...As PDP opens sale Gemade rushes ahead of Suswam Political appointees to resign this month Saminu Ibrahim, Abuja

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head of next year’s general elections, the Peoples Democratic Party (PDP) yesterday opened the sale of Nomination and Expression of Interest forms for aspirants seeking to contest on its platform. its forms as follows: Nomination forms to vie for the Presidential ticket (N20 million); Governors (N10 million); Senators (N4 million); and House of Representatives (N2 million). Besides, each aspirant is required to pay an additional N500,000 to obtain the Expression of Interest Form. Aspirants for State legislature are to purchase their nomination forms with N1 million, as well as part with N200,000 to obtain the Expression of Interest Form. The party hopes to raise huge funds from the sale. But its projection might be limited in the presidential window, as the governors and some party bigwigs are rooting for a consensus ticket for President Goodluk Jonathan. The timetable released by the party indicates that the sale of forms will end on October 30, >>Continued on Page 2

! " # $ % & % & % ! # ' $ ( ) ) Ebola & % ! * + ! & - *. / - 0 ) 0 1/ /! PHOTO: PADONU SEGUN

Fears as military plane crash-lands inYola ( 0 * (Yola) & / %0 Abuja

meeting. oss of lives was averted not want his name in print beyesterday following the cause he is not authorised to crash-landing of a mili- speak on the matter, told Sattary aircraft at the Yola Inter- urday Newswatch at the airportnational Airport. that the aircraft was assigned The incident resulted in a to lift wounded soldiers from delay for the new governor, Yola to Kaduna when the acciBarr. Bala Ngilari, who was dent occurred. According to the source, al-

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G P lo In ull-O ss si u y

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though there were no casualties, the aircraft was nonetheless partially damaged. dustry at the airport was willing to speak on the issue, but the incident, saying it is purely a military matter. report, normalcy had been re-

stored at the airport, as other aircrafts began to land and ! "# Telephoned last night, Defence spokesman, Gen. Olukolade did not pick his calls. However, Army spokesman, Lt. Gen. Olajide Laleye, said he had no details of the incident, pleading for time to gather the necessary information.

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Saturday Newswatch, October 11, 2014

Cover 271 Nigerian Muslim pilgrims return from Mecca

2015:Top politicians scramble for forms

Biodun Akomolafe

Continued from Page 1

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o fewer than 271 Muslim pilgrims that participated in this year’s Hajj to 7 7 ` 8 Z Muhammed Interna $ V! $ z $ Z Airlines. + {|{ craft that touched down at the airport in the early hours. According the Manag = Z $ Z + ! $ are from Ogun and Oyo states. He said they are the

to return to the country among the thousands to ! airline. He said the remaining U$}'} to the airlines would be air-lifted within two ! # + ! ! line is fully mobilised in

terms of equipment and personnel to handle the return leg of the annual ritual. $ $ that it concludes the return air lift in record $ ures to ensure a hitch # V $ $ ~ * Z Airlines for rescue operations to airlift strand 7 Arabia who were allocated to other designat # + ! [ M&{Q grims from Ogun and % Lagos Airport in the early hours of today @ C Z $ + {|{ # 7 Arabia in this year’s hajj. U$}'} Z Airlines will be lifted ! #X

while the last day for res $ $ % &'$ to be eligible. Saturday Newswatch learnt $ $ # One of the early buyers yesterday was the former national chairman of the $ * + / $ + 6 7 ate. + 7

/ $ / 7 $ # + politicians are coming from 8 # + / $ ! $ 7 # $ aspirant for the House of 9 < * 7 $ ! = >! $ her forms. The party’s guideline had earlier indicated that female aspirants are to obtain nomi $ 6 of Interest Form. / $ ? retariat shortly after collect $ -

timism in scaling through. He boasted that he had $ ! ! hopefully retain his seat in 7 # / ! 7 $ @7 C ing. M6 ! the purchase of forms for &'QU $ ! $ V W ! chase my forms. “That is why I am one of 6 V < 7

2015. “I am the current senator + 6 = V ! &'QU# V $X # * $ party chair said: “They should watch and see how interesting this is going to # V ! is a democratic one and the winner will always be the # MZ ! [ \* ]? V [ \% $ $ V stood many before. I will $X cluded.

Black out in NASS, complex in total darkness Emmanuel Iriogbe & Gowon Emakpe, Abuja

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he entire National As @ 77C ! # It is not certain why $ " $ 77? ity to pay utility bills. ! $ % sisted up till press time last night. 77 owing the Power Holding * N8 million in accumulated electricity bills. 77 diesel power generators to and businesses inside the # + after the electricity generat ! # An operator reported that the diesel needed to power ed and there was no money to get fresh supply. Â $ ! $ $ ! and other businesses in # Z " as early as noon follwing # ! ! ported by the Department 7 7 @=77C

77# scanners installed at the major entry points to the W ! $ # Saturday Newswatch ! $ largely been from the now ! # V $ erto beautifully manicured lawns while dirt littered the surroundings of the # V $ ‚ aged men and a woman narrowly escaped death 77 $ occupants for almost an hour. The near mishap occurred in the House of 9 @ C # Technician resorted to manually lowering the forcibly opening its door to free the trapped occupants. 7 become a regular occur # < $ 77 tion has been in the region of N150 billion. < ! scheduled to resume from ‚ ! Tuesday.

President Goodluck Jonathan (right); Edo State Governor, Comrade Adams Oshiomhole (middle) and Commissioner for Agriculture, Mr. Abdul Oroh, on arrival of the President at the Benin Airport for the groundbreaking ceremony of the $1 billion Azura-Edo Power Plant in Benin City...yesterday.

Malala wins Nobel Peace Prize Shares honour, cash with Indian

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! $ Z  8 $ in the head by the Taliban &'Q& ? $ V ? $ ƒ 7 $ awarded the 2014 Nobel Peace Prize.  8 $ Q{$ youngest Nobel Prize winner by far. 7 $ |'$  8 ! against the oppression of chil $ for the right of all children to $ * # The award was made at ! V … ! $ Z ƒ ‚ fighting between the nuclear decade. M * gards it as an important point ~ Z $ V … ! $ in a common struggle for edu $X † $

head of the Norwegian Nobel * #  8 ! 2012 on a school bus in the 7 ‡ … ! ! punishment for a blog that she ++*? > QQ‚ ‚ to campaign against the Taliban’s efforts to deny women an education. > … ! $  8 + $ the Malala Fund and support … ! $ $ † $ 7 ƒ # 7 $ reer as an electrical engineer in Q ˆ' $ forms of peaceful protests and $ financial gain. “It’s an honour to all those $ ! $X 7 learning he won the prize. V $ 7 yarthi said that data from non-

Malala

8 cated that child labourers could |' V | percent of the total population. M* $ $ $ $ W due to the fact that employers benefit immensely from child labour as children come across $ ! $X he wrote. * legally and companies use the $ $ -

gued. Yousafzai last year addressed the U.N. Youth As 7 ‚ / + ƒ ‚ MZ = X# the release of 200 schoolgirls ! V + ! ~ # “To the girls of Nigeria and $ $ V [ ? anyone tell you that you are ! $X # M $X Yousafzai said. “You are not less than a child from a richer or more powerful country. You are the future of your country. You are going to build it strong. It is you who can lead the #X 8 $ ŠQ#Q $ % = Q'$ 7 $ who founded the award in his Qˆ U # ‚ + z + $ who was 25 when he shared the Physics Prize with his fa Q QU#

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Saturday Newswatch, October 11, 2014

Cover Ebola kills 4,000 in W’Africa, as Brazil records first suspect

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he number of deaths from Ebola Virus Disease (EVD) outbreak has risen above 4,000, most of them in West Africa, according to the World Health Organisation (WHO). This is even as Brazil announced yesterday that it had identified a suspected Ebola patient who arrived in the country on Thursday. The patient, Souleymane Bah from Guinea, L-R: Chairman of the tribunal, Professor Idowu Sobowale; Lagos State Governor, Mr. Babatunde Fashola; Deputy presented himself after Governor, Mrs. Adejoke Orelope-Adefulire and Commissioner for Justice, Mr. Ade Ipaye, during the presentation of coming down with a the report of the Tribunal of Enquiry into the crisis at the Michael Otedola College of Primary Education (MOCPED), fever at a public health Noforija, Epe, at the Conference Room, Lagos House, Ikeja‌yesterday. centre in Cascavel, in the southern state of Parana. He has been flown to Rio de Janeiro, specifically the National Institute of Infectolto the state to assist us in surveillance is still going Nath Omame, Port ogy. Harcourt tackling Ebola. We have on; point of entry are still more support from the Doctors say he no being monitored; screen- Federal government; the longer has a fever and received the money.â€? private sector; multina- blood test results are According to Parker, ing is still going on.â€? he Rivers State Dr. Parker warned tional health institutions expected today. Commissioner for although Rivers State has Health Minister, ArHealth, Dr. Sam- won the battle against that Nigerians need to and Non-Governmental thur Chioro, report Â… ! $ Ebola, the war is not yet be more vigilant as the Organisations, not to edly said the situation yesterday that President over, considering the fact festive periods of Christ- " was under control and Goodluck Jonathan has that “Ebola is still ravag- mas and the New Year contain Ebola, so that we “all health protocols released N200 million, ing Liberia, Sierra Leone approach. “As Nigerians ? and procedures were applied efficiently and which the Federal gov- and Guinea. With what and Africans, we are all and lose woefully in the successfully.â€? ernment promised the we hear that is happen- aware that some of our last half.â€? Guinea is one of the He, however, express three state following the out- ing in other parts of the brothers and sisters will West African break of Ebola Virus Dis- world, the ocean cannot be coming back home, ei- worry that Nigerians stop EVD from travel- ther healthy or unhealthy. were beginning to relax ease (EVD) in August. So that is why we must because “Ebola has been Dr. Parker told jour- ling.â€? He said: “And so we " contained in Lagos and nalists in Port Harcourt governorship aspirthat the government is have to redouble our ef- sensitization campaigns.â€? Rivers States; Nigerians ant in Rivers State, He continued: “We are now doing away with grateful to the President forts this time around Prince Tonye Prince in the areas of vigilance, should continue to sensi- their hygiene, such as will, yesterday, called for an to the state. “We thank surveillance and monitor- tise people in our neigh- regular washing of hands investigation into the freePresident Jonathan for ing. Our treatment centre bourhood, in our com- and generally keep- for-all that broke out durgraciously releasing the here is still open; the op- munities and around us. ing your environments ing a meeting of some Rivers members of the Peoples N200 he promised to give erations centre is still on; We must continue to seek clean.â€? Democratic Party (PDP) in Abuja on Thursday. Princewill regretted that the incident that occurred at Legacy House in Abuja was not only condemnable, but also an embarrassment Adewale Giwa, Washington, were given to infected care that would be given Disease Control and Pre- to Nigeria’s democracy, the DC any patient, regardless of vention, and the Food PDP and Rivers State peoAmericans. nationality or ability to and Drug Administration ple. “We feel he didn’t get he management of The governorship aspirpay for care. before administering the the medicine and treatthe Texas Presbyteant, in a statement issued “Thursday that the padrug. ment for the disease berian Hospital in Dal= on Thursday and signed las, United States, where cause he is African and tient, Thomas Eric Dunby his media aide Wabiye the Liberian Ebola pa- they don’t consider him can, a Liberian man, was Ebola patient to ever re- Idoniboye-Obu, stated that tient, Thomas Eric Dun- as important as the other treated ‘with the most ap- ceive the drug, which an immediate investigation can, died on Wednesday, three American Ebola pa- propriate and available was approved by the into the incident will foreFDA for emergency use has cautioned the people tients who are now hale medical interventions’. stall such development in “The investigative on Monday. for blaming the health and healthy,â€? said Josethe future. drug was administered The hospital added that phus Weeks before Dunworkers over failure to Princewill said: “Rivers as soon as his physicians Duncan did not receive can’s death on Wedneshandle the case well. State is in dire need of atdetermined that his conthe same type of blood day. A statement by its Also, Democratic law- dition warranted it, and transfusion as two of the tention. You don’t have to spokesman, Wendell Ameri- come from Rivers State to makers questioned the as soon as it could be ob- Ebola-infected Watson, in Washington tained.â€? cans because “his blood know that we need help.â€? hospital’s response to DC yesterday, said the The statement further= type was not compatDuncan’s health condilate Duncan was not malread: â€?The incident at the an experimental drug ible.â€? tion in a letter to House treated, but given necesDuncan’s case has Legacy House in Abuja yesEnergy and Commerce called Ion Saturday, sary attention. leadership nearly a week after he shaken the world since terday is not just condemnDuncan’s nephew, Jo- Committee was admitted. Other pa- September 20 when he able but an embarrassment sephus Weeks, had ad- last week. In its reaction to the tients treated in the U.S to Nigeria’s democracy, the dressed a news conferPDP and the good people of ence, accusing health accusations, the hospi- were immediately given to arrive in the U.S with Rivers State. experimental treatments, Ebola virus. No one has tal said: “We would like workers in the hospital of “Prince Tonye Princebeing biased in handling to correct some miscon- prompting the allegation ever died of the disease will, on behalf of his team, of bias by some members in America. ceptions that have been the case. Duncan’s condition would like to call for a full ~ reported about Mr. Dun- of his family. The hospital said Dunhad continually wors- and detailed investigation ?

# % concern that Duncan was into this embarrassing incan’s doctors consulted team provided Mr. Dunnot receiving the same cident to prevent a similar with national experts as agnosed of having Ebola can with the same high experimental drugs that occurrence from happening level of attention and well as the Centre for virus on September 30.

Ebola: FG releases N200m to Rivers

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countries most affected by Ebola. Bah’s symptoms appeared on the 20th day after he left Guinea – within the 21day incubation period. But since his arrival, Bah has not shown any symptoms and his fever has not returned. Bah arrived in Brazil as a refugee and was granted leave to remain until 2015 by the immigration police. Sixty-four people, who came into contact with Bah, mostly in the health centre in Parana, are also being monitored for symptoms of Ebola, although the Health ministry says they are considered low risk. Concerns have been expressed about what route Bah took to get to Brazil. The authorities in Argentina are concerned he may have come to South America through one of the country’s airports or ports. The Brazilian Health Ministry says it has contacted the World Health Organisation about these concerns.

Rivers PDP fracas: Guber aspirant calls for probe

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Ebola: U.S hospital faces probe over alleged bias against Liberian

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ever again. “We want to use this medium to remind all parties involved that the peace we enjoyed in Rivers State was not easy to come by,� he said, adding that Portraying the party in a bad light will not help its growth and existence and will do those of us who wish the President well, no good whatsoever.� He counseled: “No individual’s ambition is more important than the Peace and Development of our state. Following the perceived security challenge, and advice from some PDP national stakeholders�. Prince warned: “A Rivers state in crisis is a region in crisis. And our region in crisis will not bode well for our beloved nation. To be forewarned is to be forearmed.� Princewill apologised to President Goodluck Jonathan, the PDP National Chairman, Admu Mua’zu and the PDP national leadership and other well meaning Nigerians over what he described “as an ugly incident incident.� However, in a statement signed by the Media Adviser to the Rivers State Chairman of the PDP, Jerry Needam, the claim by some aspirants that they were ’ meeting was dismissed by Felix Obuah as false, baseless and malicious.

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Saturday Newswatch, October 11, 2014

News

National

$9.3m arms deal: Lawyer alleges threat to life Taiye Agbaje, Abuja

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he National Coordinator of Concerned Citizens Rooting for Truth (CCRT), Barrister Odeh Arubi, has alleged that unknown persons have been threatening his life over his recent comment on the $9.3 million arms deal seized by the South African authorities. Arubi, who said the group had followed the saga on the

arms deal and was burdened to know the truth, called on President Goodluck Jonathan to relief National Security Adviser (NSA), Dasuki Sambo of his position. Speaking with newsmen yesterday in Abuja, Arubi alleged that since the publication of the group’s stand, unknown persons have been calling and threatening

his life. “We came up with our view in the newspapers on questions that the NSA should provide answers to. We put up seven questions for him to answer. On the basis of that, some unknown person started calling and threatening that they will eliminate me within seven days. For example, a caller with MTN number 08030512866

called me while another Glo number 08057971733 sent a text message threatening me,� he said. He, however, called on the Inspector General of Police (IGP), Director-General of the State Security Services (SSS) and other security agencies to

" & ' view to forestalling whatever heinous crime the callers intend to carry out.

Groups commend PDP’s stand on candidate endorsement Taiye Agbaje, Abuja

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he Centre for Social Justice, Equity and Transparency (CESJET) has hailed the decisions by the National *

& +/* ; of the People Democratic Party (PDP) against the endorsement of candidates for the 2015 general elections. The PDP NWC had warned state chapters of the party to desist from endorsing sole candidates in the forthcoming elections. The decision which did not go down well with some party’s faithful has continued to generate controversy in some quarters. Speaking to journalists, yesterday, in Abuja, the Executive Director of Operations of the group, Dr Rotimi Adeola, who gave the commendation, described an endorsement of sole candidate as undemocratic. He stated that the initiative <=< & ' !

help save Nigeria’s nascent democracy. According to Adeola, ‘the endorsement is un-democratic, anti-people and has tendencies !& > much for the people.’ Citing the case of the Enugu endorsement, Adeola further stated that it was the same kangaroo anointing that brought forth Governor Sullivan Chime who has nearly been an embarrassment to Enugu State. In the same light, the National President, National Democratic Front (NDF), Comrade Philip Agbese, also commended the decision of the PDP leadership, saying the endorsement policy Nigeria’s democracy. Agbese said that the endorsements were a pre-rigging exercise as it was a sure guarantee that the 2015 elections would rather be a selection of candidates than democracy in practice.

Foundation to empower young Nigerian entrepreneurs

A President Goodluck Jonathan (right) receiving a letter from the Gabonese Special Envoy, Mr. Emmanuel Issoze-Ngondet, at the Presidential Villa in Abuja‌yesterday.

29m Nigerians at risk of Lassa Fever –FG

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he Federal Government has said that 29 million Nigerians are at risk of contracting Lassa Fever, while 26 out of the 36 states of the Federation are equally exposed to the disease.

According to the Minister of State for Health, Dr. Khaliru Alhassan, who made the disclosure in Abuja yesterday, National Lassa Fever Day, Nigeria recorded 1,944 cases,

with 207 deaths in 2012. He added that majority of the victims were health care providers. The Minister warned that every case should be well investigated to reduce the fatality rate among health workers, which is put at

between 50 to 80 per cent. He emphasised the need for health workers to be protected while treating Lassa Fever patients, adding that protecting health workers is a way of halting the spread of the communicable disease.

Odinkalu soars high in Dutch’s human rights contest Mikail Mumuni, FCT Editor

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hairman of the Governing Council of Nigeria’s National Human Rights Commission, Professor Chidi Odinkalu may emerge winner of this year’s Human Rights Tulip Award going by the interim ranking by press time yesterday. The Tulip is the Dutch government’s highly sought after and prestigious human rights award. A total of 30 human rights activists and organisations were nominees for the award and an independent jury will consider the three leading nominees from an online poll. Voting ended yesterday, with Odinkalu emerging second in the interim result published by 5pm. He polled 7,148 out of a total to emerge second out of 50,593 votes cast. He number one position goes to International Campaign for Human Rights in Iran with 7246 votes, while Euromaidan SOS got

6862. One of the activists drumming global support for Odinkalu is Ms. Claudia Lemkhul, a German whose adopted middle name is Mojisola, a Yoruba name which literarily means ‘I woke up into prosperity.’ Lemkhul in an online posting in support of Odinkalu yesterday afternoon wrote that “Have you voted for Chidi Odinkalu yet? He is such a great guy, and he is just a few votes shy of winning the Human Rights Tulip Award.� Odinkalu, a globally acclaimed scholar and activist is the author of many reports, articles, and books on human rights issues. Among these are ‘Justice Denied: the Area Courts System in the Northern States of Nigeria ‘ and ‘Why More Africans Don’t Use Human Rights Language’. He has also done extensive works on penal reform, refugees, and

women’s rights under customary law . He is best known for exposing the truth about the Apo killing, the Baga Massacre, ongoing inquiries into cases of illegal demolition and forced evictions, and countless of other gross violations and abuse of human rights across Nigeria. Odinkalu currently serves as

at Open Society Justice Initiative, a program which pursues law reform activities grounded in the protection of human rights. He had also had stints with the Ford Foundation, the Carnegie Council on Ethics and International for the Legal Protection of Human Rights in London, and the United Nations Observer Mission in Sierra Leone either as a worker or adviser.

! on the website of the organizers of

the award stated that: “Nigeria’s National Commission for Human Rights is a statutory body established by law to promote and protect human rights. However, it has always been subject to government control and interference. As a result, it lacked credibility and was not regarded as a credible institution for ensuring accountability for " ! rights. “This has begun to change under the leadership of Chidi Anselm Odinkalu as chairman of the Commission, who was

#% Chairperson 2012. Under Dr. Odinkalu, the Commission has been re-organised, with clear rules and mission. It has undertaken path-breaking work to address violations by law enforcement and security agencies in Nigeria.

non-governmental organisation, Mara Foundation is set to empower young entrepreneurs >

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expert business mentorship from top Nigerian business leaders. The organisation is an initiative of Mara Foundation, the philanthropic arm of Mara Group which operates in 22 African countries. Tagged Mara Mentor, the event is scheduled to hold in Abuja, on October 14. A statement by the company’s manager, Douglas Imaralu, indicated that drawing from the successful Mara Mentor One-on-One Lagos, where over 60 young Nigerian entrepreneurs won six-month business mentorship placements under top Nigerian business leaders, the Abuja edition of the event on October 14, promises young entrepreneurs another !

> unique entrepreneurship support

programme facilitated by Mara Mentor. " ' "

& 26 top business leaders in Abuja ' " > & Z They include Dr. Mairo Mandara (Country Representative Nigeria, Bill and Melinda Gates Foundation), Sonnie Ayere + [ =!

\ / \ Q Company), Aisha Augie-Kuta (Ace Photograher), Muhammad Jibrin (Managing Director/CEO, SunTrust Savings & Loan) and Aisha Babangida (Chairperson, _ & < Q! Woman Africa), and others. Mara Mentor programme was launched on May 29 in Abuja, and is in partnership with the Federal Ministry of Youth Development, Federal Ministry of Communication Technology, Federal Ministry of Agriculture and Rural Development, and the National Planning Commission.

South-South Integration Committee’ll enhance PDP’s internal democracy –Abubakar Saminu Ibrahim, Abuja

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he South -South Integration & < Democratic Party (PDP) yesterday pledged that the outcome of its 3-day meeting will enhance internal democracy in the PDP. & ' &

> >

!@ received no petition or representative from Bayelsa State. However, the & " > from Akwa Ibom, Delta, Edo, Rivers Q " ' petitions before it. Speaking with newsmen shortly &

& > ! X & " > useful, peaceful and productive interactions with the persons and groups who appeared before it.’ He explained that party members should strive to work towards the

advancement of PDP in their various states in the zone. He noted that 16 people from Rivers State appeared before &

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Governor Peter Odili, Alabo Graham Douglas, Minister of State for Education, Chief Nyemson Wike, as well as Chief Lolo Tamuno Ibieneye, Professor Owate and Chief Sara Igbe Anaba. He emphasized that & ‘will not connote suppression or imposition of candidates.’ “As far as we are aware, imposition is not the policy of PDP. The National *

& ! " >

` he said. He described allegation that the & by Minister of State for Education, Nyesom Wike, as unfortunate.

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Saturday Newswatch, October 11, 2014

South West

News

NLC absolves Jonathan of Ekiti’s court closure D T

Ebola: MD, First Consultant urges international best practices

Chioma Umeha

Raphael Adeyanju, Ado-Ekiti

he Ekiti State chapter of the Nigeria Labour Congress (NLC) has cleared the air on the controversy surrounding the closure of the premises of the High Court in the state . The state’s NLC Secretary, Ade Obatoye, in a statement in Ado-Ekiti yesterday, stated that contrary to claims that President Goodluck Jonathan ordered the

[ ` ! court could not open because of the strike embarked upon by workers over unpaid salaries and allowances. The NLC was reacting to a statement by the National

Publicity Secretary of All Progressives Congress (APC), Alhaji Lai Mohammed, accusing President Goodluck Jonathan of ordering that the Ado Ekiti High Court be sealed ! { " % \ Ayodele Fayose, is sworn-in. Armed security personnel, comprising soldiers, police and Nigerian Security and Civil Defence Corps had since Tuesday taken over the Ado Ekiti High Court over apprehension @! ' planning to commence Fayose’s trial secretly. A socio-political pressure group, E-11, had shortly after the election instituted a suit

challenging the eligibility of Fayose to contest for the June 21 Governorship election on account of his impeachment on October 16, 2006, over issue bordering on alleged graft. Obatoye warned politicians against reading political meaning to the issue and stop having the impression that the strike and the recalcitrant posture of the workers to resume work are political. The NLC stated categorically that the ongoing industrial feud between the workers " |! > }

/ +|} }/; ' accounted for the closure of

courts. “We want to state categorically that all workers in Ekiti State, which include the members |! > }

Nigeria could not have resumed when the demand for payment of two months salaries and other arrears and deductions have not been met by government. The impression that workers in the judiciary were being locked out due to certain directives from the Presidency was not only a falsehood, but also unfortunate as we have embarked on

arrival of the security personnel who now manned the court premises,� he said.

r. Benjamin Ohiaeri, the Chief Medical Director (CMD), First Consultant Medical Centre, Lagos, yesterday charged medical practitioners to always comply with international best practices even when faced with possible litigation. Ohiaeri gave this charge in Lagos while addressing a news conference on the hospital’s role in handling Ebola Virus Disease (EVD) in Nigeria. “What we did was for the common good, even when we were under pressure and threat of lawsuit from the Liberian ambassador that we were violating the right of their citizen,� he said. According to the CMD, the children of one of the Ebola victims, who worked in the hospital as a nurse aide, were ejected from their homes because of the stigma. He appealed to Nigerians against stigmatising the Ebola survivors, saying that the healthcare workers gave their lives to save others. ~ ! ' !

some tragedy, maintaining best international practices has saved the lives of many Nigerians,� he said. Ms Samantha Bolton, Communications * Organisation (WHO), said that it was imperative for all countries to learn from the Nigerian experience in successfully containing the disease. “For the medical team, whenever they notice an unusual case, it is best to call an incident meeting and arrive at a decision on how best to tackle it,� Bolton said. Dr Simon Mardel, a Clinician, said that the Ebola incidence in Nigeria, although a tragedy, had revealed the importance of massive public awareness. “Also, from First Consultant Medical Centre’s experience, it is important to place ! ` working condition. Preparedness is also important for all. In the treatment of Ebola, the medical team should know simple practical procedures like not administering

€ > ! because it worsens the case,� Mardel said.

Ajimobi’s foundation conducts free cervical screening Olusakin Babalola, Ibadan L-R: Newly installed 42nd President Rotary Club of Apapa, District 9110, Rotarian (Sir) Innocent Umeh; his Wife, Lady Umeh and former President, Rotarian Ben Eke, during the investiture of Rotarian Umeh in Lagos...recently.

Money, fame, responsible for C.A.C. crisis – Cleric Peter Dada, Akure

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he Vice Chairman, Christ Apostolic Church (C.A.C), Peace Q !

{ ! (CACPRG), Pastor Tunde @!' money, fame and position as being responsible for the yetto-be resolved crisis facing the church. Pastor Omojuwa stated this at the annual Jesus Festival anniversary of the church and the launching of the book titled ‘Christ Apostolic Church: A House Divided Against Itself’ held Z Z ! the Ondo State capital. The clergyman who frowned at the elusive resolution of the crisis which had been existing for the past 23 years, lamented the two factions in the church, the Supreme Council and the General Executive Council (GEC) had not been able to agree on the process of !

church each time the peace and reconciliation meeting was called, noting that this act was against the tenets of Christianity and that of the

C.A.C in particular. Expressing worry over the way leaders of the two factions are handling the & @!' X' have held 35 meeting so far but the leaders of the GEC ' & > bring one form of excuse or the other. It is a pity that people now love money,

position and fame more than the unity of the church, they want to get position at the expense of the unity of the church.’ “ We don’t want anybody to change the name of the church, all we need is peace and continuity of the church but as it now none of the two factions is ready to sheathe

the sword, “he added. forgery before the Federal High Court, the pastor said everyone in the church is waiting for the court‘s judgement to decide ! ' ' of registration of the church that were presented by the two factions.

Leaders tasked on societal ills Benson Edjewhovbo

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igerian leaders have been tasked on the need to arrest the high level of child delinquency, abuse and other societal ills emanating from poverty and unemployment that has been ravaging the land. In addition, the nation’s youths have been enjoined to strive to be vocationally empowered through economic empowerment and other human developmental road maps so that they could be immune from poverty and live a worthwhile life. These calls were made at the Tunji Adebayo Foundation’s 10th year anniversary lecture series and prize-giving award ceremony held at the All Seasons

Plaza in Ikeja, Lagos. According to a press release by a publicist to the organisation, Mr. Aramide Tola Noibi, speakers at the occasion include the proprietor of Ifako International School, Mr. Babawande Majekodunmi; Dr. (Mrs.) Cecilia Mojisola of the Health Education = }

" > ‚ # ! " ƒ Ltd., Mr. Leke Adenuga; Mr. Ikeke Ade, Sister Regina Akande of the Friends of Jesus Orphanage; and child care experts and awards winners, Mrs. Elizabeth Jacob and Mrs. Modupe Idemudia as well # ! " the foundation, Mr. Ganiyu Tunji Adebayo. The discussants charged youths to avoid reckless and frivolous

ways of life by focusing on God through fervent prayers and determination to succeed in life. In their contributions, Mrs. Jacob and Mrs. Idemudia extolled the virtues of the founder for his tireless and dogged zeal to sustain the foundation especially the Orphanage and the Vocational Centre which empowers the teeming jobless Nigerians. Chairman of the foundation, Mr. Adebayo warned parents and guardians against abandoning their responsibilities over their wards to the society or teachers. He charged them to be concerned with the upbringing of their children or wards with the right virtues and responsible approach to life through counseling and " Z

T

he Access to Basic Medical Care (ABC) Foundation, an initiative of the Wife of the Governor of Oyo State, Mrs Florence Ajimobi, has commenced free cervical screening for women across the 33 local government areas of Oyo State. The screening is to encourage women to go for medical checkups to detect any sign of cancer be it breast or cervical cancers and get prompt medical treatment. While speaking at the €

programme at the Clinic of the Aged, one of her projects located at Oluyole Estate, Mrs Ajimobi stated that the goal of the screening program is to provide access to the best cervical screening facilities especially for women in all corners of the state. She stated that the screening will be conducted in all 33 local governments of Oyo State and will serve as a foundation on which further reaching mass and regular cervical screening program will be built, adding that over 1000 women will be screened by

the end of this programme. According to her, the rise in non-communicable diseases such as cancer over the last decade in Africa has created a need for even low resource communities to ! &

to reduce disease morbidity and mortality. “Cervical cancer is the second most common

/

women in their productive years. Nigeria is among " ! worldwide with highest disease burden with 26 women dying daily from this disease. Infection with some types of the Human Papilloma Virus) is linked ' ! ƒ„… " cancer cases,� she said. She added: “Screening programmes for early detection has greatly reduced the incidence and death associated with this disease in developed countries. However, challenges such as poor screening facilities, lack of organised national screening programmes are largely responsible for the steady increase in the occurrence of this disease in Nigeria.�

6

Saturday Newswatch, October 11, 2014

News

South South

Police arrest 4-man killer gang, wounded cult member Sylvester Idowu, Asaba

T

here was jubilation in Asaba, Delta State capital, as detectives from the state’s Police command in Asaba, smashed a four-man daredevil armed robbery gang, who allegedly killed one Pastor Ike Okolie. The suspects were arrested ' ' ' & % ! road in Oshimili North Local Government Area of the state. All hopes had been lost on the possibility of the Police tracking

down the criminals. Saturday Newswatch gathered that Pastor Ike Okolie was travelling with his wife, Mrs. Maureen Okolie, penultimate Thursday when at about 11 am the suspects emerged from a bush along Achalla-Ibusa Road and shot him. They escaped after the killing. The victim died on the way to hospital, while the wife rushed to Ibusa Police Station to lodge the report, which made the = " < deploy detectives to the scene. Delta State Police Public Q

Kalu, a Deputy Superintendent of Police (DSP), said the suspects were masked at the time of the incident, but detectives were able to track them. She disclosed that the suspects were currently assisting homicide detectives at the Criminal Investigations Department (CID) in connection with the crime. “The suspects are currently assisting homicide detectives at the CID Asaba in investigation. The command will leave no stone unturned in ensuring that the killers are found and brought to justice,� Kalu added.

The police image maker also disclosed that a suspected cultist was arrested last Saturday night in a hospital at Ozoro Isoko North Local Government Area while trying to receive treatment for gunshot wounds. According to Kalu, the ! > Oghale ‘m’, surname unknown, alias China, was rushed to the hospital on a motorcycle with bullet wound by two persons who dropped him and zoomed # > ' going to inform the victim’s mother.

Akpabio, simply the best governor –Assam Bassey Anthony, Uyo

F

ormer Nigeria’s Ambassador to Russia and Belarus, Chief Assam E. Assam (SAN), has advised governors in Nigeria to emulate the performance of Akwa Ibom State Governor, Chief Godswill Akpabio. Speaking with newsmen in Eket on Friday, Assam challenged other governors to prove they have performed half as Governor Akpabio in terms of infrastructural development, saying that Akpabio is easily the best governor in the country. #% " > ` landmark infrastructure in all nooks and crannies of the state would provide solid foundation for # " " > industrialise the state. According to him, the plethora †! > &

% the Ibom International Airport, the €> " < ' < among other key projects by the

Akpabio administration - are major incentives for local and foreign investors in the state. Assam, who is a major contender "

2015, promised that if he steps

\ # year, he would leverage on these

! ! & " investments in agriculture and hydrocarbons. He said the main thrust of his administration would be industrialisation, education and job creation for the teeming unemployed, stressing that his government would not be directly

" "

&

!

! but would create an enabling environment for investments. Describing Akpabio as a prudent manager of resources, the former diplomat disagreed with those who think the governor has not @! ! > of the state, adding that posterity would judge Akpabio fairly when " # > Z

A’Ibom guber: Monarch assures Esuene of victory P Bassey Anthony, Uyo

Minister of Niger Delta Affairs, Stephen Oru (second left) and Permanent Secretary, Mrs. Fatima Bamidele, speaking with newsmen at the graduation of 100 Non-Militant Niger Delta Youth Trainees on ICT in Calabar, Cross Rivers State‌recently.

No going back on strike in Rivers – NUPENG Amaka Agbu, Port Harcourt

N

ational Union of Petroleum and Natural Gas (NUPENG) workers has vowed to sustain its industrial action in Rivers State until their demand on the Federal Government to repair the Eleme Road leading to the nation’s > ' Z Last Monday, NUPENG commenced an industrial action in Rivers State, directing all its members to down tools in protest against Federal Government’s delay in repairing the Eleme Road, which it described as death trap. The industrial action by the union has caused acute shortage of petrol and petroleum products in Rivers State, resulting in hike in transport fare in the state. Speaking with newsmen on the ongoing strike, the National Vice President of NUPENG, Port Harcourt zone, Mr. Timothy Ogbu, said that members of the union would not return to lifting of petroleum products until government embarked on reconstruction of the Port ! Q > Q Z Mr Ogbu said: “Well, if

government can call us tomorrow and say, yes, this is what they "

' the strike tomorrow. If they call ! "

' the strike. But if there is nothing going on, no promise, nothing

whatsoever, we will continue loading in other states and leave the Rivers State. He said the strike was aimed at safe-guarding the lives and property of commuters of the Eleme Road, particularly

members of the union. “The way forward is for government to listen to us and ' > with gravel or anything to make it possible for tankers to pass operate,� he said.

Uduaghan, Dickson task Ijaw youths on Jonathan’s re-election Sylvester Idowu, Warri

Ijaw youths for standing solidly behind the President and his overnors Emmanuel administration in the past years Uduaghan of Delta State and and urged them to continue to his counterpart in Bayelsa State, sustain the peace in the Niger Seriake Dickson, have tasked Delta region. Ijaw youths to work assiduously He, however, noted that the with youths of other ethnic major challenge before them was groups to ensure the re-election how to ensure the re-election of of President Goodluck Jonathan President Jonathan and advised in 2015. them to work with youths of Declaring open a two-day other ethnic groups to succeed in summit organised by the Ijaw the project. Youths Council (IYC) at the On his part, Governor Seriake Petroleum Training Institute Dickson commended the Ijaw [ ! ! youths for sustaining peace in governors stated that the task of the region, which had enable re-electing their kinsman should governors of the area concentrate be uppermost in their mind. on development of the Niger Governor Uduaghan, who was Delta. represented by his commissioner Represent by Commissioner for environment, commended

G

! ! = Z ‡ # ! ! Dickson challenged them to ensure the re-election of the President in the 2015 election, noting that they could only > #

fellowship to youths of other ethnic groups. President of IYC, Mr. Udengs Eradiri, said the summit was put ! > !

& future gains. He said some of the youths ' ! ‡ Government’s agricultural policies and other programmes aimed at uplifting youths of the country and commended Ijaw youths for positioning themselves for the development of the region.

aramount ruler of Ibeno Local { " Q\ [ B. Archianga, has predicted that Senator Helen Esuene will surely take over from Governor Godswill Akpabio come 2015. The monarch made the prediction in his palace at Ibeno when Senator Helen Esuene paid him a courtesy visit during her state-wide consultations ahead of the Peoples Democratic Party (PDP) governorship nomination on Saturday, November 29, 2014. His words, “I am not a politician, but I must say that having studied the present political terrain in Akwa Ibom State ahead of the 2015 gubernatorial { " ! you because of your pedigree, hard '

> # patriotism for the state and nation; God will see you through in your quest to take over from Governor Godswill Akpabio come 2015.� # qualities of Senator Esuene, which he said are the needed ingredients of

a competent leader, adding that the †! person to take over from Governor Akpabio. The monarch called on the senator to give priority to the development of Ibeno Local Government Area when she eventually becomes governor of the state, adding that the local government has been neglected over the years despite being the “goose that lays the golden egg� for the state. “Your husband, the late Brigadier U.J. Esuene, governor of defunct South Eastern State, was a detribalised leader. He planted development in all parts of South Eastern State and brought Mobil Producing Nigeria Unlimited to Ibeno.� “I am sure you will take after your husband by bringing development to Ibeno and other parts of the state when elected as governor,� the royal father said while performing the traditional blessing on the distinguished senator. Speaking earlier, the senator said she was going to turn the state around in less than four years through the creation of job opportunities and industrialisation.

Youths on wheelchair seek NDDC’s empowerment Amaka Agbu, Port Harcourt.

H

eadquarters of the Niger Delta Development Commission (NDDC), was yesterday besieged by scores of youths who came in their wheelchairs and crutches to protest what they claimed were persistent neglect and abandonment. The aggrieved youths gathered under the aegis of the Niger Delta Coalition of Persons with Disabilities, demanding to table their grievances before the management of the interventionist agency. Although the physically challenged persons conducted themselves peacefully, they nonetheless blocked the service lane of the Port Harcourt/Aba # €

that underscored their demands. One such placard reads: “Empower us, NDDC.� According to the President of the group, Mr. David Enogho,

they were forced to block the gates of the NDDC because they were neglected and abandoned for their disability. He said the coalition of persons with disability had no other option but to engage in ! & of the NDDC to their plight. “We are protesting non-inclusion of our members in NDDC programmes. We have been neglected over the years and our members are

&

/== scholarships and training. So, we # /== ! with an action plan that would address the peculiar needs of our members,� Enogho said. Addressing members of the group, the NDDC Managing Director, Sir Bassey Dan-Abia, urged them to continue to be peaceful in their agitations, noting that the people of the Niger Delta have gone past the era of violent protests and have since embraced dialogue.

7

Saturday Newswatch, October 11, 2014

South East

News

Customs impounds N9m worth of cannabis sativa Emma Mgbeahurike, Owerri

T

he Federal Operations Unit (FOU), Zone “C� Owerri, of the Nigeria Customs " + / ; 399.5kg wraps of Indian Hemp (cannabis sativa) also known in local parlance as “ Ghana Conc,� estimated at N9 million. According to the Customs Area Controller, Dimka Victor David, the exhibits which were impounded on the 9th mile axis of Enugu State, were properly concealed in a luxury bus along with other passenger luggage to beat the eagle eyes of the customs men on duty. “However, acting on

information made available to us, our men took strategic positions, intercepted the bus, and eventually recovered the cannabis sativa alongside other contraband goods such as foreign rubber slippers, used motorcycle and used computers,� he stated. Showcasing the drugs which " of the Nigeria Drug Law Enforcement Agency (NDLEA) for further investigation, Dimka warned that the entire Zone “C� of the Nigeria Customs Service has become a “no go area� for smugglers, their agents and collaborators, stressing

" ' &

motivated and equipped with the state of the art gadgets to deal decisively with die hard smugglers wherever they may be. ~= ! smuggling, smugglers have refused to listen to the voice of reason, and it is quite unfortunate and disheartening that the deviants have continued in their nefarious trade,� he lamented. He said that the driver of the luxury bus, being the prime suspect, would be investigated, and if found guilty, would be jailed in accordance with the provisions of the law, assuring

that the Nigeria Customs Service would continue to strengthen her existing synergy with other sister agencies in the war against smuggling. Receiving the seizures on behalf of the Chairman/ CEO of the National Drugs Law Enforcement Agency (NDLEA), Alhaji Ahmadu Giade, the Commander, NDLEA Enugu State Command, Barr. Anthony Nkem Ohanyere, reiterated the determination of the agency to win the war against illicit trade, stressing that the drug war is not the exclusive responsibility of the NDLEA alone, but that of all levels of government and well meaning Nigerians.

Ebonyi youths endorse Chukwu’s consensus candidacy Kenneth Ofoma, Abakaliki

E

ven as some politicians are kicking against the principle of adopting a sole candidate for any position in Ebonyi State in the forthcoming general elections, Ebonyi Youth Assembly (EYA), an umbrella body comprising youths in the state, yesterday unanimously supported the decision of some stakeholders to adopt Minister of Health, Prof. Onyebuchi Chukwu, as consensus candidate of the Peoples Democratic Party (PDP) in the 2015 governorship election. Addressing journalists in Abakaliki, the National President of the group, Comrade Chinedu Ogah, applauded the wisdom of the leaders and founding fathers, who he said entrenched the spirit and

! ' &

of Equity in their hearts, culminating in their unanimous agreement that Ebonyi South Senatorial District should be allowed and supported to produce the next governor of the state. “That the decision to adopt Professor Onyebuchi Christian Chukwu will undoubtedly go a long ' >

& " > rancor and bad blood amongst the constituents. Above all, it will serve to drastically reduce the heavy costs and bickering associated with electioneering campaigns. “That Professor Chukwu is unquestionably a very talented man who has brought intellectual creativity, robust professional capacity and unimpeachable integrity to public service for nearly three decades.

Aro women plan mass rally Oct 18 Eric Elezuo

T

he Nzuko Arochukwu Worldwide, Women’s wing, is set to hold its annual general assembly and mass rally event. The all Aro women gathering which is in its 24th phase is expected to draw home all Arochukwu women, both with the country and in the Diaspora. According to a release, signed by the Publicity Secretary, Mrs. Uche Laurita Ezuma, and made available to newsmen, this year’s mass rally which is expected to take place on Saturday, October 18, 2014, at the Amikpe

Square, Obinkita, Arochukwu has THE MODERN DAYCARE CENTRE FOR THE LESS PRIVILEDGED CHILDREN as its theme. The release further stated that Barrister Ogbonnaya Torty will be the distinguished chairman at the occasion while His Majesty, Mazi Vincent Ogbonnaya Okoro (CFR) will be the royal father of the day. The general assembly and mass rally of the Arochukwu women is an annual retreat of all women who have a root in Aro either by birth or marriage.

We’ll resist Obi’s attempt to destroy APGA –Obiano’s aide Alphonsus Eze, Awka

G

The couple, Uzoma and Uju pose with Imo State Deputy Governor, His Ewxcellency, Prince Eze Madumere, during their traditional wedding at Ogboko recently.

Ogbe advocates unity among tribes, religions Emma Mgbeahurike, Owerri

T

he former National Chairman of the Peoples Democratic Party, Chief Audu Ogbe, has sued for harmony among tribes and religions in Nigeria to achieve a lasting peace and progress. This was part of the prayers

said at the traditional wedding ceremony of the second daughter of the Imo State governor, Miss Ujunwa Okorocha and the son of the Secretary to the State Government, Dr. Uzoma Anwuka, at the country home of Governor Rochas Okorocha,

Ogboko in Ideato South Local Government Area of Imo State. Chief Ogbe, who expressed worry at the alarming rate of unemployment, insecurity and poor electricity in the country, appealed to the political class to promote industrial development

FUTO VC decries lack of skills in seeking research grants Workshop,� organised by the Centre for Research and he Vice Chancellor of International Development the Federal University of (CRID) of the Institution. Technology, Owerri (FUTO), Prof. Prof. Asiabaka, who was Cyril Asiabaka, has lamented represented by the Dean of the lack of skills and knowledge Health Technology, Prof. among most academics in the Ikechukwu Dozie, argued that it act of writing acceptable, state of " the art winning research grant and researchers in institutions proposals that conform with of higher learning be adequately international best practices. equipped with knowledge and According to him, several skills for writing quality research national and international proposals, stressing that this organisations provide funds would enhance the ability to annually for academic and access available research funds developmental research in higher and undertake research that education, but experience had leads to the advancement of shown that access to research knowledge and problem solving ! > in society. been generally low and research Speaking, the Director, Centre output less than optimal. for Research and International He made this known while Development of the University, declaring open the “National Professor Fred O. Anunobi, Strategic Grant Proposal Writing explained that the workshop Emma Mgbeahurike, Owerri

T

was designed to introduce the participants on how to prepare grant proposal writing. “But the proposal itself does not stand alone, but must be part of a process of planning and of research on outreach to, and cultivation of potential foundation and corporate donors�.

in order to reduce youth unemployment. He however, commended Governor Okorocha for being a detribalised Nigerian, and for the giant strides achieved through his Rescue Mission government in Imo State, saying that “Governor Okorocha has brought fresh air into the dungeon of Nigeria. The traditional marriage rites were performed by the groom’s family in accordance to the norms and tradition of the Igbo, and subsequently the bride was handed over to the Anwuka’s family by the bride’s father, Owelle Rochas Okorocha.

overnor Willie Obiano of Anambra State’s Political Adviser, Chief Joe-Martins Uzodike, has vowed that members of All Progressive Grand Alliance (APGA) in Anambra State will > & > > former governor of the state, Mr. Peter Obi, to destroy the party. The former governor last Tuesday in Onitsha, Anambra State’s commercial nerve centre, formally declared for the Peoples Democratic Party (PDP), during the visit of PDP caucus in South East led by the Deputy Senate President, Ike Ekweremadu in company of the Deputy Speaker of the House of Representatives, Emeka Ihedioha, governors Godswill Akpabio, Theodore Orji of Akwa Ibom and Abia states respectively among others. The move has elicited criticisms for Obi, who many said was not > > <{ ! had vowed that that he would not leave APGA for any other political party. Uzodike, said to be one of Obi’s

APGA tells parties to steer clear ofWillie South East Obiano on his Supreme Court Cyprian Ebele, Onitsha

T

he All Progressive Grand Alliance (APGA), yesterday, advised other political parties to forget about contesting in the South East geo-political zone, saying that APGA would win all elections to be conducted therein come 2015. Giving the advice at Nteje, Oyi Council Area, Anambra State, the APGA chairman in the area, Hon. Anyakora Vincent Obiora and the council chairman, Hon. Charles

Uchenna Okafor Wiper, said therefore that every measure is being put in place to achieve the feat. “South East is never a PDP stronghold as is being claimed; it is APGA’s,� they said. “Also APGA must win in Oyi; no party can compete with us here, it is our enclave and they know it. “They should forget National Assembly and state elections because they are not our match. Igbo land is not for APC or PDP; it is for APGA�. The duo congratulated Governor

victory against Senator Chris Ngige, and the introduction of mechanized farming in the state, adding that it would reduce unemployment and increase food supply. Both commended the APGA National Chairman, Chief Victor Umeh, for the national honour given to him by President Goodluck Jonathan, adding that he merited it. According to them, “the honour is an honour for Anambrarians and APGA because we elected him to serve us.�

core loyalists, opined that the former governor was on his own in his decision to join PDP, saying that he and some of Obi’s loyalists were not aware of his move to join PDP. He said that given the calibre of PDP stalwarts that were in Onitsha last Tuesday, Obi’s decision to dump APGA was pre-meditated because the decision to assemble those galaxy of PDP chieftains could not have been taken in a day, saying that Obi’s intention to defect was yet unknown, but >

& > weeks, months or even years. He said: “He never told us; he never consulted us. We can’t follow him. We have passed the age of following people. Anything I’m not convinced about, I cannot do. A lot of us believe that Peter’s life starts and ends with APGA, but if he is leaving to destroy it, we will resist it. For him to have brought Obiano to contest the governorship election and abandon him is suicidal. I am totally unhappy. You know I was in PDP when he brought me to APGA. You know I came here because I believe in him. And he left without telling me; I’m not happy. I will resist it. APGA is the hope of our people. This has made us more determined. We would not follow him. We will be ! Z *

the umbrella that is not big enough to accommodate us.� He cautioned those who are eager to sow the seed of discord between Governor Obiano and Obi, saying that in spite of the defection, they are still the best of friends.

Saturday Newswatch, October 11, 2014

8 NSE Daily Summary (Equities) at 10/10/2014

ASI reverse weekly gains, sheds 1.60% WoW Abiodun Awogbemi

T

he equities market closed the week on a negative note, as All Share Index (ASI) reverses weekly gains with the bourse shedding 160 basis points week-on-week (WoW), 0.32 percent depreciation to close at 40,444.39 basis points, compared with the 1.03 percent depreciation recorded in the previous week. The market opened on a

"

day after the Eid-el-Kabir break and sustained the bearish trend throughout the three trading days of the week shedding 26 basis points, 103 basis points and 32 basis points respectively. At the end, the Year-to-Date (YtD) stance of the benchmark Symbol

7UP ABCTRANS ACADEMY ACCESS AFRIPRUD AGLEVENT AIICO AIRSERVICE ASHAKACEM AVONCROWN BECOPETRO BERGER CADBURY CAP CAPOIL CAVERTON CCNN CHAMPION CHAMS CILEASING CONOIL CONTINSURE CORNERST COSTAIN COURTVILLE CUSTODYINS CUTIX CWG DAARCOMM DANGCEM DANGFLOUR DANGSUGAR DIAMONDBNK DNMEYER DUNLOP ETERNA ETI EVANSMED FBNH FCMB FIDELITYBK FIDSON FLOURMILL FO FTNCOCOA GLAXOSMITH

index remained in red of 1.989 percent during the week under review and higher than 0.389 &

' Z Activity levels, measured by volume and value of trades dropped in the three trading days this week by 33 percent and 31 percent respectively compared to last week’s of four trading days level of trades as 0.950 billion shares valued at N12.390 billion were exchanged in a higher number of deals of 14,436 compared with 1.421 billion shares valued at N18.021 billion exchanged in 13,951deals last week. Market breadth closed the week negative as Ikeja Hotel led 15 gainers against 30 losers topped by AGLEVENT at the end of Opening Price

147.73 0.69 1.32 8.90 3.21 1.47 0.80 2.01 32.00 1.59 0.50 8.60 54.00 39.00 0.50 4.84 15.02 14.99 0.50 0.50 51.82 1.00 0.50 0.90 0.51 4.00 1.89 4.80 0.50 215.15 6.55 8.12 6.25 1.05 0.50 3.81 18.75 2.05 13.29 4.33 2.01 3.33 61.30 217.55 0.50 61.00

High

147.73 0.69 1.32 8.91 3.30 1.33 0.81 2.01 32.00 1.59 0.50 8.60 54.00 39.00 0.50 4.84 15.11 16.51 0.50 0.50 51.82 1.02 0.50 0.90 0.52 4.15 1.89 4.80 0.50 218.00 6.55 8.10 6.20 1.05 0.50 3.80 18.92 2.05 13.20 4.30 2.05 3.52 62.00 220.50 0.50 61.00

yesterday’s session. Market turnover closed negative as volume trended downwards by 65.23 percent against 70.91 percent uptick recorded in the previous session. Ikeja Hotel, Sterling Bank and Transcorp were the most active to boost market turnover while Zenith Bank and Oando top market value list. The industrial sector recorded 0.70 percent gain to emerge the most supportive sectoral performance among others while the banking sector was the most hit to close with 1.55 percent loss DAARCOMM led the list of active stocks that recorded impressive volume spike at the end of the week market transaction.

Low

147.73 0.66 1.32 8.70 3.11 1.33 0.80 2.01 32.00 1.59 0.50 8.60 54.00 39.00 0.50 4.84 14.82 15.73 0.50 0.50 51.82 1.00 0.50 0.86 0.52 3.98 1.89 4.80 0.50 215.00 6.55 8.10 6.20 1.05 0.50 3.80 18.85 2.05 12.74 4.12 1.97 3.40 62.00 215.20 0.50 61.00

Closing Price Change (+)

147.73 0.69 1.32 8.77 3.28 1.33 0.80 2.01 32.00 1.59 0.50 8.60 54.00 39.00 0.50 4.84 15.00 15.73 0.50 0.50 51.82 1.00 0.50 0.90 0.52 3.98 1.89 4.80 0.50 217.01 6.55 8.10 6.20 1.05 0.50 3.80 18.90 2.05 12.91 4.30 2.05 3.40 62.00 220.50 0.50 61.00

0.00 0.00 0.00 -0.13 0.07 -0.14 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -0.02 0.74 0.00 0.00 0.00 0.00 0.00 0.00 0.01 -0.02 0.00 0.00 0.00 1.86 0.00 -0.02 -0.05 0.00 0.00 -0.01 0.15 0.00 -0.38 -0.03 0.04 0.07 0.70 2.95 0.00 0.00

STOCK

CLOSE

GAINERS: TOP-5 GAIN

FO DANGCEM GUINNESS WAPCO CHAMPION

217.55 215.15 186.5 127 14.99

220.5 217.01 188 127.99 15.73

STOCK

CLOSE

LOSERS: TOP-5 GAIN

MOBIL OKOMUOIL STANBIC INTBREW ZENITHBANK

% Price Change

0.00 0.00 0.00 -1.46 2.18 -9.52 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -0.13 4.94 0.00 0.00 0.00 0.00 0.00 0.00 1.96 -0.50 0.00 0.00 0.00 0.86 0.00 -0.25 -0.80 0.00 0.00 -0.26 0.80 0.00 -2.86 -0.69 1.99 2.10 1.14 1.36 0.00 0.00

176 34 33 31.47 23.51

Trades

1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1

174 33.01 32.03 30.5 22.8

CHANGE % 2.95 1.86 1.5 0.99 0.74

CHANGE % -2 -0.99 -0.97 -0.97 -0.71

Volume

Value

20,963 1,044,157 12,400 11,916,051 9,018,188 152,691 989,997 45,500 201,022 89,680 40,800 78,660 159,223 425,473 144,000 211,780 1,117,890 958,658 1,500,000 370,000 379,744 1,972,500 373,000 545,260 72,072 1,247,477 121,550 40,718 217,400 581,633 53,479 432,244 985,266 3,333 140,000 225,395 1,976,919 55,000 18,686,849 7,104,376 3,893,772 325,525 758,970 109,898 123,000 15,380

3,413,259.25 701,103.31 16,658.00 105,415,424.00 28,465,020.00 206,521.53 798,130.62 86,905.00 6,431,994.00 142,591.20 20,400.00 696,946.38 8,672,288.00 16,581,319.00 72,000.00 1,007,124.38 16,769,455.00 15,378,962.00 750,000.00 185,000.00 20,374,594.00 1,984,850.00 186,500.00 474,162.72 37,490.94 5,060,392.50 236,379.00 199,318.20 108,700.00 125,946,200.00 333,794.16 3,505,450.00 6,111,498.50 3,333.00 70,000.00 857,079.06 37,294,284.00 107,250.00 240,852,016.00 30,290,684.00 7,862,372.00 1,116,995.25 47,117,404.00 23,757,882.00 61,500.00 906,073.81

Saturday Newswatch, October 11, 2014

9

Opinion OUR VISION

Saturday Newswatch www.mydailynewswatchng.com

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Letters to the Editor MOSES JOLAYEMI BANKOLE MAKINDE DELE FASHOMI PATRICK ASONYE LANRE OYETADE MIKAIL MUMUNI AKIN ORIMOLADE SONI EHI ASUELIMEN OLUKAYODE OGUNJOBI

MD/CEO DEPUTY MD/CEO EDITOR, DAILY EDITOR, SATURDAY EDITOR, SUNDAY EDITOR, NATION’S CAPITAL EDITOR, NORTHERN OPERATIONS EDITORIAL PAGE EDITOR HEAD, GRAPHICS

editorial@mydailynewswatchng.com and addressed to the editor, Saturday Newswatch Newspaper 159/161, Broad Street, Lagos Tel: 0709 850 4488, 0709 882 1624

APC and N27m presidential form

T

he media was awash recently with the news that the All Progressives Congress (APC) has pegged the price for the purchase of its presidential form for presidency aspirants at N27 million. The situation has generated knocks and condemnation from the generality of the public as regards the ability of the presidential aspirants to raise such amount. It is on record that high price of bidding forms is one of the many reasons many aspirants who later get elected become corrupt and lose focus towards the call to serve. It is even more pathetic as a chieftain of the party has publicly declared that he doesn’t have such money. Much as the country has lost faith in the administration of the ruling party, the so called opposition party, APC, has continued to prove that they far from being a suitable alternative, or how could one advice a would-be president of this nation to cough out a whooping N27 million for form alone, the cost of campaigning not included yet. This is nothing but an invitation to loot. The party may defend its position by

saying that they want only the serious minded ones to show interest, but they should understand that they may end up driving away the serious minded ones, leaving the political space for only the looters and corrupt-minded individuals. While we do all within our power to & "

we should not be seen to be encouraging stealing of the nation’s treasury because whoever coughs out that huge sum for the sake buying form alone will for all intent and purpose do everything corruptly possible to recoup what has been termed an ‘investment.’ The party should sit back and review its stand, and ask itself what happens to the individual who pays such amount if he eventually loses, and of course, only one presidential candidate will emerge; a candidate who is not even sure of making it to the Presidential Villa. Nigerians are watching, and obviously know the paraded wolves as well as the wolves in sheep clothing. We should not give politicians the bag to loot or continue to loot the nation’s treasury. ‡(ULF (OH]XR

Nigeria @ 54: The journey so far By Chiedu Uche Okoye

B

efore the Caucasoid British imperialists came to Nigeria, the disparate ethnic and cultural entities that occupied the geographical space called Nigeria had their distinct types of political leaderships. The northern Muslims were ruled by Emirs; the Yoruba in the west by Obas; and the Igbo of the South-East were republican in nature. Lord Frederick Lugard wielded the Northern and Southern protectorates together, and his wife christened it Nigeria. Perhaps, the name was derived from River Niger. For years, Nigerian nationalists and freedom ! / Š ' Awolowo, Abubakar Tafawa Balewa, Anthony Enahoro and others fought for the political / Z ! freedom was chequered and dogged. } ! &

" > October 1, 1960, Nigerians from diverse ethnic cum social backgrounds heaved a sigh of relief # / ' ! & country as the imperialists had handed the baton of leadership to Nigerian Leaders. This was hinged on ' ' " ! Š > ' ! ! ! >`

" and ethnic interests. _! ! &

our disunity, traceable to ethnicity and religious intolerance became manifest with its devastating implications. Political parties were formed along

!

Z ! Group was to the western region what Northern Peoples’ Congress was to the north; and National ! / Š ' " Party. These parties were not nationalistic in outlook. So, Clannishness and ethnic rivalry eroded the foundation of our country’s unity. Not surprisingly, the Nigeria-Biafra Civil War erupted, which claimed the lives of millions of people, and caused the depredation of the South-east. Again, the June 12, 1993 Presidential Election imbroglio nearly caused another civil war in Nigeria. It took the deaths of Sani Abacha, a maximum

military dictator, and Chief MKO Abiola, the presumed winner of the June 12, 1993 presidential election for Nigeria to be brought back from the precipice. General Abdusalami Abubakar hurriedly conducted a general election, which brought Chief Olusegun Obasanjo to power, and ushered in the Fourth Republic. Nigeria has not become a truly peaceful and united country, although we have enjoyed 15 years of unbroken democratic governance. We still view one another with hatred and ethnic distrust. In order to allay the fears of the minority group about their being dominated, and to erase the feelings of marginalisation among them, the ruling PDP introduced the political formula of rotation of power # Š

! >Z ! ! @ & ! ' &

political arrangement and initiative. He ruled for > ' !& Z His successor, Alhaji Umaru Musa Yar’adua, died while in power. The doctrine of necessity was invoked, and it facilitated and paved the way for the emergence of Dr. Goodluck Jonathan as the president in 2010. In 2011, he contested the presidential election and won, but a low-intensity war that is being prosecuted by the Boko Haram group has trailed his victory at the polls. Some people with the mindset that the leadership of Nigeria is their birthright perceived him as an interloper in Aso-Rock, the seat of power. So, there is nexus between the Boko Haram insurgency in the north and the occupation of the highest elective post by a man from a Southern minority ethnic group. The north-east is now a ' " % &

Z

To be continued next week

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Saturday Newswatch, October 11, 2014

Opinion

Unified examination policy in Ogun, great transformation By Temitayo Taylor

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he adoption of a unified examination policy in all public secondary schools in January 2012 by the Ogun State government as part of efforts to provide free qualitative and affordable education to its students, no doubt has brought great transformation to the education sector. Governor Amosun, during the electioneering campaign promised to restore the lost glory of the educational sector by providing free qualitative and affordable education which was introduced and enjoyed during the administration of late Chief Obafemi Awolowo, as Premier of the Western Region. The unified examination in Ogun State has really helped to developed students academically as there has been an improvement in the performance of students both in promotional examinations and at the West Africa Examination Council (WAEC). It has also compelled teachers to ensure completion of student’s syllabus because question evolves round the syllabus. Before the advent of the Amosunled administration, about 80 percent of students who sat for the yearly Senior Secondary Certificate Examination (SSCE) and National Examination Council (NECO) could not boast of four credits, let alone having Bs or As, but now, the reverse is the case as students are now having more than five credits as a result of free qualitative and affordable education, initiative of the present administration which among other things gave birth to the introduction of unified examination. The legacy of Chief Obafemi Awolowo in education fizzled out, but the government of Amosun has restored the lost glory of this sector. The state’s Commissioner

for Education, Science and Technology, Barrister Segun Odubela, speaking on the challenges and successes recorded so far with the adoption of unified examination said the policy has indeed brought succor to the state’s educational sector. Odubela said though there were initial challenges such as printing of a subject name on another subject paper, repetition of one question and student’s inability to easily adapt to the system at the conduct of the first and second examinations, the anomalies have been corrected, adding that the exercise has been a wonderful and rewarding experience. He pointed out that the examination has contributed immensely in developing a unified scheme of work among all secondary schools as well as a unified timetable to assess students’ performance, which

serves as a means of compelling teachers to ensure total completion of their syllabus for students because examination questions evolve round the syllabus. ‘’The unified examination has served as a unique method of measuring the academic standard of students, and a veritable way of assessing the efficiency of teachers. It has also attracted the interest of many private schools because a lot of school proprietors and proprietresses have indicated their interest to be part of the policy due to its impact in students performances and academic excellence, and how it has helped to transform the state educational sector,’’ he noted. According to the commissioner, the examination which is being conducted in all public primary and secondary schools in the state costs the government spends close to N90 million per term vis-Ă -

vis the publication of the unified scheme of work for teachers, purchase and printing of question papers and exam conduct. He explained with the end of 2014 3rd term examination, the unified examination had completed three academic sessions. His words: “The introduction of unified examination and the free qualitative and affordable education policy in the state has added lots of laurels and honour to the state. In the 2013 WASSCE, the overall best mathematics student in Nigeria was from one of our public schools. In the Nigeria National Petroleum Corporation (NNPC) mathematics quiz competition last year, our state came first at the geo-political and 2nd at national levels.� In addition, in the 2013 President’s Teachers and School Excellence awards, Ogun State won in six categories which include; the best secondary school administrator through Mrs Sosanwo Folashade; best teacher (junior school) through Mrs Akintade Esther; best teacher, primary school through Mr. Olayemi Olatunji; second best teacher (senior secondary school) through Mr. Obalenge Joseph; second best school administrator through Mr. Oduselu Olugbenga and best school administrator (primary school) through Mr. Sule Kazeem. In 2012, Ogun State won five categories of award both in 1st and 2nd positions. According to Odubela, another benefit of the scheme is the timely release of students’ result after examinations. “Unlike before, result of first term is usually released by either the first or second week of second term, but now, all students in all the state’s public school get there results before the school go on vacation,� he said

Need to hold all elections next year By Bala Nayashi

I

n relevant sections, the Nigeria constitution says, as regards tenure of elected officers, that all election must hold after every four years to allow the electorate the opportunity to elect another set of representative. The recent war against insurgency in the country has been threatening the very corporate existence of this country, hence the fears in some quarters that elections might not hold. The recent victory of the armed forces in curtailing the menace of these insurgents has rekindled our hope that the war is surmountable. Political leaders

should therefore, ensure that all the needed support is given to the soldiers to bring an end to the aggression in the north east being perpetrated by miscreants and dissidents who do not want the unity of the country and its democratic development. The recent comment by some political leaders on the possibility of holding election at this period in some parts of the country should be seen as divisionary and uncalled for. Some countries like Pakistan, Afghanistan and Iraq that were faced with more serious security challenges were able to conduct successful elections widely accepted by the international communities, with the electorate

coming out en-mass to cast their votes without fear of terrorists who had issue warnings to steer clear of polling booths. It behoves on the government to put all necessary measures in place to assure the citizens of their safety before, during and after the elections. The current war against the insurgents should be seen a collective efforts to ensure the protection of lives and property of its citizenry. Nigerian looks forward to electing leaders who would bring the much needed democracy dividends to them. We believe the forthcoming elections in 2015 would afford the electorate the opportunity to

re-elect those that made positive impacts in their lives when they were in office. The Independent National Electoral Commission (INEC) has been assuring the nation of its determination to conduct a credible free and fair election that would be acceptable by Nigerians and the international communities. We hope as we approach the 2015 election dates, our politicians would place the interest of the country at heart by conducting themselves in civilised manner to ensure Nigerians elect leaders that would ensure the nation’s growth.

11

Saturday Newswatch, October 11, 2014

Business & Economy There are Nigerians who drive the economy by the value of shares they hold in quoted companies, the size and market share of their companies, the number of companies they own and their assumed value, the market value of their companies brands and the impact of such companies on the Nigerian economy. ABIODUN AWOGBEMI writes that despite the harsh economic terrain and the challenges faced in doing business in Nigeria, these entrepreneurs have been the force driving the economy. Alhaji Aliko Dangote, MFR, GCON Dangote, a business magnate, was born on April 10, 1957, to wealthy Muslim parents, Mariya Sanusi Dantata and Mohammed Dangote in Kano, Kano State. He holds a degree in Business Studies from Al-Azahar University, Cairo, Egypt. With a loan of N500,000 at the age of 21 from his uncle, Sanusi Abdulkadir Dantata, who happened to be the richest man in Africa at that time, he started a business. Today, he owns the Dangote Group, which has interests in commodities. The company operates in Nigeria and several other countries in Africa, including Benin, Cameroon, Togo, Ghana, South Africa and Zambia. According to investment research, as of March 2014, he was said to have an estimated net worth of $25 billion. Dangote is ranked by Forbes Magazine as the 23rd richest person in the world and the richest man in Africa. He surpassed SaudiEthiopian billionaire Mohammed Hussein Al Amoudi in 2013 by over $2.6 billion to become the world’s richest black man. ! >

and the third largest in the world, producing 800,000 tonnes of sugar annually. it also owns € ! @

Z > # & ' nuts, cocoa, sesame seed and ginger to several ! Z @

"

estate, banking, transport, textiles and oil and gas. The company employs over 11,000 people and is the largest industrial conglomerate in the whole of West Africa. = "

telecommunications and has started building ‹Œ „„„ supply the whole of Nigeria. As a result, Dangote was honoured in January 2009 as the leading provider of employment in the Nigerian construction industry. On November 14, 2011, Dangote was awarded Nigeria’s second highest honour; Grand Commander of the Order of the Niger (GCON) by President Goodluck Jonathan.

Pillars of Nigeria’s economy

Jimoh Ibrahim

Aliko Dangote

Mike Adenuga

Oba Otudeko Dangote reportedly added $9.2 billion to his personal wealth in 2013, according to the Bloomberg Index, now making him the 30th richest person in the world in their ranking, in addition to being the richest person in Africa. In 2014, the Nigerian government said Dangote had donated N150 million (921376.50 US Dollar) to halt the spread of Ebola.

Folorunso Alakija man. His company Globacom controls Nigeria’s second-largest telecom operation, he also owns stakes in the defunct Equitorial Trust _ # + > Consolidated Oil Company). In 1990, he received a drilling license, and in 1991, his company struck oil in the shallow waters of Southwestern Ondo State,

! > in commercial quantity. He was issued a conditional GSM licence in 1999; after it was revoked and received a second one when the government held another auction in 2003. He derived the slogan of his telecom company from his alma-mata, North Western Oklahoma State University slogan of ‘Ride With Pride’, and transformed it to become ‘Glo With Pride’. His company, Globacom, has spread into the Republic of Benin in 2008, Ghana and Cote d’Ivoire, with more licenses currently being prospected in other West African countries. He was named African Entrepreneur of The Year at the maiden African Telecoms Awards (ATA) on August 15, 2007.

Michael Ade Ojo In 2009, Adenuga was detained for money laundering by the Economic and Financial Crimes Commission, and thereafter lived in London until former President, late Umaru Musa Yar’Adua granted him pardon. In 2012, he was made Grand Commander of the Order of Niger (Nigeria). This reclusive billionaire has one rule that no one can change: he will only get across to you when there is the need for it, but you cannot get across to him. And when he wants to get across to you, he does everything possible to > ! ' Z / >

&

" ' ! irrespective of where they originated from. Â’ ! @! ` > ! ' a courier company, it is nearly-impossible for > ! " Z He is known to travel with a retinue of bodyguards.

Mike Adenuga Jr Michael Adeniyi Agbolade Ishola Adenuga +\ ! | ;

@ !% Ogun State. He was born on April 29, 1953 in Ibadan to a school teacher, Michael Agbolade Adenuga Sr and Juliana Oyindamola ! ‘

@ ! !

' > @ ! Z He received his secondary school education at the Ibadan Grammar School, Ibadan, and worked as a taxi driver to fund his education while studying at Northwestern Oklahoma State University and Pace University, New York. Forbes estimated his net worth at $4.3 billion as at March 2013 making him the second wealthiest Nigerian and the richest Yoruba

Manufacturing sector still comatose despite reforms >>Pg. 13

Jimoh Ibrahim, CFR Jimoh Ibrahim was born on February 24, ‹ƒ“” @ ’ ! ! > ' |

Continued on Page 12

Manufacturing, oil-reliance top Iran’s diversified economy >>Pg. 61

12

Saturday Newswatch, October 11, 2014

Business & Economy

Pillars of Nigeria’s economy Nigeria from May 29, 1999, to May 29, 2007. Prior to his election, he served as the chairman of the Borno Water Board and the chairman of the Cooperative and Commerce Bank Limited. Kalu was also a member of the Progressive Peoples Alliance (PPA) and the chairman of the PPA Board of Trustees. He was the party’s candidate for president in the April 2007 general elections. He is a member of industrial institutions including; the Lagos Chamber of Commerce and Industry, Nigeria-America Chamber of Commerce and Industry, Nigeria-British Chamber of Commerce and Industry, and Nigeria-Philippine Chamber of Commerce and Industry.

Continued from Page 11

Okitipupa, Ondo State. He had his early education at Community Grammar School, Igbotako, from where he proceeded to Federal School of Arts and Science, Ondo. He studied Law at the Lagos State University and later changed to Obafemi Awolowo University, Ile-Ife, in Osun State, for a degree in International Law and Masters in Public Administration. He obtained a Masters degree in Economic and International Tax at the Harvard University. He worked as a Consultant to the International Monetary Fund (IMF) on tax reforms in Croatia and Estonia, and was also part of the Harvard team that went to Bangladesh to build the tax reforms. With seven lawyers in his Law and Justice Chambers, he practiced Law for six years, appearing in various courts from the Magistrate to the Supreme Court. He authored Indigenous Governance in Nigeria and published two volumes on Mohammed Bello. ' " \ > Administrator of Bayelsa State, a member of the exclusive Federation Account Allocation & ' ‡ / ' > Š

! " & Z was Executive Secretary, African Centre for Policy Studies; consultant to various bodies and multilateral institutions. He is the Chairman, Global Fleet Companies and Group Managing Director, NICON Group. Ibrahim started making millions in his mid 20s, while studying International Law at Obafemi Awolowo University, Ile-Ife, Osun State, when he ran seminars for all local governments on taxation, He came into limelight in 2002/2003 when he mounted an unsuccessful bid to become the governor of Ondo State, on the All Nigeria People’s Party (ANPP) ticket. His company, Global Fleet Group, a "

/ with business interests and subsidiaries in neighboring West African countries include; Air Nigeria, Formerly Virgin Nigeria, Nigeria Reinsurance Corporation, Global Fleet Oil & Gas - A chain of gasoline stations (estimated at about 200 in 2011), across Nigeria, Others are; Global Fleet Building - Lagos, Formerly Allied Bank Building, Meidan Hotel - Lagos, Global Fleet Industries - Lagos, formerly HFP Industries Limited, He owns Energy Bank, Accra, Ghana - a new commercial bank which started operations in February 2011, Oceanic Bank, São TomÊ and Príncipe, purchased from Oceanic Bank in May 2011. His presence is also felt in the media world with ownership of Newswatch \ Š

/ \ / ' Newswatch Newspapers. The NICON Group has eleven subsidiaries: Nicon Properties; Nicon Energy; Nicon Academy; Nicon Trustee; Nicon Insurance; Nicon Investment; Nicon PFA; Nicon Hotels; Nicon Sao Tome and Nicon United Kingdom. Femi Otedola Femi Otedola was born in 1967 to former governor of Lagos State, late Michael Otedola in Epe, Lagos State, and married to Nana, with three daughters and one son, including the British DJ and socialite Florence “Cuppy� Otedola, who resides in London. [# ! " ‡ Oil Plc, and Nigerian President and Chief [# ! " • < ! { limited. He appeared alongside Aliko Dangote as the only two Nigerians on the 2009 Forbes list of 793 dollar-denominated billionaires in the world, with an estimated net worth of over US$1.2 billion. Otedola owns one of the country’s largest oil storage facilities which he purchased for N2.8 billion. He bought one hundred brand new trucks purchased for N1.3 billion to strengthen the distributive arm of his business and acquired for 6.8 million dollars a massive € % & ! " ' capacity of 16,000 metric tonnes of diesel. His company has four cargo ships named

Femi Otedola

Orji Kalu

This reclusive billionaire has one rule that no one can change: he will only get across to you when there is the need for it, but you cannot get across to him. And when he wants to get across to you, he does everything possible to track you down Jim Ovia after his parents and wife; MT Sir Michael (his father), MT Lady Doja (his mother), MT Nana + ' ;Z • †! Z Apart from being the biggest diesel and kerosene marketer he is the biggest ship owner in the country and the President of Nigeria Chambers of Shipping. He also bought 100 brand new DAF trucks from the Netherlands ! Z • with a total diesel storage capacity of more than 147,000 metric tonnes is the biggest depot with the largest single storage capacity in the country. Otedola is also the owner of Atlas Shipping Agency, Swift Insurance, FO Properties Limited, FO Transport and Seaforce Shipping Company Ltd. Otedola was appointed to the board of Nigeria Investment and Promotion Council (NIPC) by the President of Nigeria in 2011. He was also nominated by the President to the team of top Nigerian businessmen to undertake an investment drive to South Africa. ‡ > ‡ ! Lawan $3,000,000 to get his name removed from the Fuel subsidy scam list. A cash payment of $600,000 was recorded on video

‡ ! ' delivered the next day. Orji Uzor Kalu @ }Š – ! '

—‹ ‹ƒ“„ & –

Aba and Government College, Umuahia. ! >

_ ' • studied Political Science at the University of Maiduguri. During his time at the university, Kalu participated in the “Ali Must Go� riots against the Education Minister. His participation resulted in his suspension. While his fellow students later took the school authorities to court, Kalu left school to build his own business. He borrowed $35 from his mother, and

!>

oil from the east and reselling in the north.

" !>

furniture on large scales. Kalu has a degree from Abia State }

" >

_!

Administration from Harvard University and honorary doctorates from the Universities of Maiduguri and Abia State University Kalu eventually established SLOK Holding, a conglomerate that consists of Ojialex Furniture Company, SLOK Nigeria Limited, SLOK United Kingdom Limited, Adamawa Publishers Limited, SLOK Vegetable Oil, Aba, SLOK Paper Factory, Aba, SLOK United States Incorporated, SLOK Ghana, Togo, Cotonou, Guinea, South Africa, Liberia, Botswana, SLOK Korea, Supreme Oil Limited, SLOK Airlines, Sun Publishing Limited, and First International Bank Limited. he is the publisher of Daily Sun Newspapers and the New Telegraph Newspapers. Kalu became the youngest Nigerian to receive the National Merit Award from President Ibrahim Babangida, at the age of 26 in 1986. He was selected as the Nigerian Chamber of Commerce’s Industrialist of the Year, and awarded the Humanitarian Award of the University of Nigeria, Nsukka’s Humanitarian Club, the Volunteer Award of the International Association of Volunteers, the National Merit Award, the EU Special Award in Brussels, and the World Bank Leon Sullivan Award. Kalu headed First International Bank Limited at the age of 33. He also served Nigerian commercial relations with China’s

< !

> ' serving as a principal of SLOK Holding. On July 11, 2007, Kalu was arrested by the Economic and Financial Crimes Commission on charges of corruption while serving as the governor of Abia State. He was later released on bail; he accused the Obasanjo regime of persecuting him during and after his tenure in Z He served as the governor of Abia State,

Jim Ovia, MFR Mr. Jim Ovia is the Promoter and Founder of Visafone Communications Limited and the Proprietor of the University of Information and Communication Technology, Agbor, Delta State. He serves as the Pioneer President of Nigeria Internet group (NIG). He holds a B.Sc. degree in Business Administration from the Southern University, Louisiana, U.S.A. (1977), Masters Degree in Business Administration from University of Louisiana, USA, in 1979, and an alumnus of Harvard Business School “OPM�, Boston, U.S.A. ' %‡ ! •

_ and served as its Group Managing Director [# ! " ‹ƒƒ„ |! > 10, 2010. He joined IMB as a Financial Analyst in 1980 and moved to the management centre in 1987. He headed the Corporate Finance department of Merchant Bank of Africa from 1987 to 1990. His interest in computers was picked in 1977 when he worked as a parttime Computer Operator at Baton Rouge & Trust Company, Louisiana. He has been the Chairman of the Board and Non Executive = •

_

|! ‹“ 2014. He serves as the Chairman of Quantum Luxury Properties Limited. He serves as a = ‡

•

Bank Plc., until July 31, 2010 and Transnational Corporation of Nigeria Plc. He is a member of the Order of Federal Republic (MFR). Chief Michael Ade Ojo, OON Chief Michael Ade Ojo was born on June 14, 1938 at Ilara-Mokin in Ondo State, Nigeria, to the family of Chief Solomon Ojo of the Lamilohun Lisa Chieftancy House and Chief (Mrs.) Beatrice Ademolawe Ojo, He had his primary education at St. Michael’s Anglican School, Ilara-Mokin, and Imade College, Owo in 1954, and thereafter undertook an 18-month course at the School of Agriculture, Akure, after which he had a brief working stint as a Laboratory Technician in the Ministry of Agriculture, Moore Plantation, Ibadan. @ & }

" > of Nigeria, Nsukka (UNN) in 1961, where he studied Business Administration, and graduated with a Second Class (Upper Division) in 1965. & " ! \ Development Courses including the Chief Executive’s Programme of the Lagos Business School (CEP-7), and the IESE/LBS Seminar on Competitive Strategy and Value Creation in Barcelona, Spain. On leaving the university in 1965, Chief Michael Ade Ojo worked with CFAO (which had sponsored him during his last two years in the university), Federal Inland Revenue Department and thereafter with British Petroleum Nigeria Limited (now African Petroleum) between 1967 and 1971. > [ Š several subsidiaries including Toyota Nigeria Limited, Oodua Creations Ltd, among others. He is the chairman of various companies including Toyota Nigeria Limited, \ ! Telecommunications Limited, Courteville Investments Company Plc, Custodian & Continued on Page 14

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Saturday Newswatch, October 11, 2014

Business & Economy

Manufacturing sector still comatose despite reforms After 54 years of nationhood and with the Federal Government’s transformation agenda, manufacturers and stakeholders in the real sector say it is not yet uhuru, as many companies have either folded up or relocated. JOHNMARK UKOKO writes.

I

n the past, Nigerian manufacturing companies were rated the third highest employers of labour, next only to the agricultural sector and civil service. During the period, school leavers and graduates prefer the real sector to other establishments because of the high salaries ' > Z Those within the manufacturing sector that contributed to the country’s economic greatness then were the textile sub-sector which accounted for more than one million jobs from 1970 to late 80s, food beverages sub-sector, pharmaceutical subsector, alcoholic sub-sector, paper mills sub-sector, shoes and leather sub-sector and many others. From the 60s to the early 90s, local manufacturing companies produced goods for West and East African countries, as traders from Kinshasha, Nairobi, Yaounde, Dakar and many African cities come to buy highly valued made in Nigeria goods. ! !

! ! about 30 per cent of the country’s Gross Domestic Products (GDP) as against less than 5 per cent it currently contributes. However, since the mid 90s, local manufacturing companies have contended with myriads of the problems, despite the strategic position of the sector to the economic development of any country, and many hitherto leading manufacturing companies have either relocated their production departments to other countries or totally shut down their companies A former Production Director of the defunct Lever Brothers Limited, Mr. Peter Ayodele, in an interview with Saturday Newswatch, disclosed that most Nigerians had looked forward to working in manufacturing companies which were & " ! > Z Ayodele said the problems which have crippled the industry began in the late 90s owing to the inability of the government to provide stable electricity supply, prompting many local manufacturing companies to resort to the use of generating sets for production. The ex- Lever Brothers top shot added that the oil boom of the 70s to the early 90s led many Nigerians to prefer foreign goods to the locally made ones. In his words, “In times past, Nigerians were proud to buy made-in- Nigeria products, but with the oil boom, many Nigerians suddenly began to detest locally

"

€!# of goods from all over the world.

€!# ! % and cheap products from Asian countries, coupled with massive poverty in the

country, made many Nigerians to prefer the cheap sub-standard products, thereby driving local manufacturing companies out of business. According to him, “It is a fact that many Nigerians are very poor. They will buy & †! >Z companies that has to depend on diesel and generating sets to produce their goods will not be able to compete with companies from Asia or Europe which do not bother about expensive diesel or smuggling challenges.� His views are shared by the Managing Director of Sivop Industries Limited, Mr. Abuh Jamal, who told Saturday Newswatch that government’s inability to >

€!# of all manners of products from China, India and other Asian countries. Jamal, a Lebanese, berated the Nigeria Customs Service, Standards Organisation of Nigeria, National Agency for Food, Drugs Administration and Control and other regulating agencies that they have not live up to expectation. He added that the problem of paucity of long term credit facility has impacted negatively to the fortunes of local ! !

' manufacturing companies from Europe and Asian countries pay single digit interest on borrowed funds, Nigeria manufacturing companies pay up to 25 to 30 per cent interest on borrowed funds. This has discouraged local companies from seeking long term loans from local banks. Jamal stressed that the advent of democracy in 1999 has not changed the ! ! !

! because of the intrusion of politics into the industry. In his words, “Our manufacturers association is led by politicians. Most of them belong to the party in power, so they ! " ' won’t like to hear.� The manufacturer lamented that the Bank of Industry (BOI), which is mandated to provide long term credit facilities to ! !

! that it could not provide credit facilities to Small and Medium Enterprises (SMEs). However, another respondent, who is the Director-General of Lagos Chamber of Commerce and Industry (LCCI), Muda ’! ! " ` growth by 7 percent of the manufacturing sector in 2013, as against the previous less than 2 per cent, and contributed about 4.2 per cent to the country’s GDP. He said the problem of poor power supply, dumping of sub-standard goods in the country , poor purchasing power and multiple taxation are some of the challenges the country’s manufacturing sector have had to grapple with in recent years. The LCCI boss lamented the inability of the government and private owners of electricity generating, distributing &

impact positively on the fortune of the manufacturing sector. ~{ & " ! !

" taken the centre stage for some time now. \ ! !

sectors incur high production costs owing to poor power situations, which prompt them to resort to generators. This has

! ! ' & †! ' ! Z

! >

! > ! and production output,� he stressed. The National President of Nigerian

Olusegun Aganga, Minister of Trade and Investment Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), Alhaji Badaru Mohammed, Abubakar, in his reaction, said that

" †!

! ! would frontally address challenges of low productivity and poor research and development bogging the industry. Manufacturers who spoke to Saturday Newswatch unanimously agreed that it is " > ! ! !

!

/ ! > challenges the sector has contended with since the mid 90s. The manufacturers say that the challenges the sector has grappled with over the years has reduced the capacity utilsation in the sector from about 65 per cent in the late 80s to less than 30 in 2013, adding that key sub-sectors in the manufacturing sector such as textiles, pharmaceuticals, electrical and paper mills have almost gone under as a result of the unending challenges over the years.

The past two decades have been the worst for the country’s manufacturing sector, as many companies have shut their plants, even those who promised to setup plants in the country have

promises

They however, commended the government for the assistance given to some sub-sectors, such as the auto, beverage, soft drink and other sub-sectors in the manufacturing sector. They say some multinationals that relocated out of the country in the 2000s have begun to reopen their shops or concluded plans to begin production once again. Some manufacturers said the support the Federal Government and the Central Bank of Nigeria (CBN) has given to the Bank of Industry (BOI) has enhanced the capacity of the development bank to provide long term credit facilities to established local and multinational ! !

Z They however, appealed to BOI to extend similar supports to the Small and Medium Enterprises (SMEs), to enable " Z Saturday Newswatch’s investigations at ! @ !' and Ikeja industrial estates showed that many factories and ware houses have been converted to places of worship. Analysts who spoke to Saturday Newswatch said the past two decades has been the worst for the country’s manufacturing sector, as many companies have shut their plants, even as those who promised to setup plants in the country ! Z They said companies such as PZ Plc, Nigeria Brewery, Guinness, Coca Cola, Unilever, Cadbury, Seven Up Plc, Flour Mills, Honeywell Plc, Leventis and many others which have remained in business, despite the harsh operating environment in the country, deserve a pat on the back and government’s support. Stakeholders were of the opinion that the government to continue to patronise and encourage the manufacturing companies that has remained in operations in the country, despite the challenges they contend with. They charged government to tackle the shortage of gas issue which has impacted negatively on electricity generation in the country, stressing that it is sad that a ! > '

! € unable to provide its power plants enough gas to boost its electricity generating, 54 years after independence.

14

Saturday Newswatch, October 11, 2014

Business & Economy Domestic Flight Schedules Arik Air LOS - ABV: (Mon-Fri/Sat/Sun) 07.15, 09.15, 10.20, 13.05, 15.20, 16.20, 16.50, 18.45 ABV- LOS: (Mon-Fri/Sat/Sun): 07.15, 09.40, 10.20, 12.15, 15.15, 16.15, 17:10 (Sun) 12.15, 15.15, 16.15 LOS-PH: (Mon-Fri) 07.15, (Sun) 07.30, 11.40, 15:50 (Sat) 11.50, 3.50, 17:05 ABV-PH: 07.15, 11.20, 15.30 (Mon-Fri) 07.15, 16.00 (Sat) 13.10, 16.00 (Sun) PH-ABV: 08.45, 12.50, 17.00, (Mon-Fri) 08.45, 17.30 (Sat) 14.40, 17.30 (Sun) ABV-BENIN: (Mon-Fri/Sat) 08.00, 12.10 (Sun) 08.56, 12.10 Aero LOS-ABV: (Mon-Fri/Sat/Sun), 06. 50, 13.30, 16.30, 19.45, ABVLOS: 07.30; 13.00; 19.00 LOS- ABV (Sun) 12.30 16.45 (sat) ABV_LOS 10.30, 14.30, 19.30 18.30 Sat) LOS-BENIN: (Mon-Fri/Sat/Sun), 07.45, 11.00, 15.30, 12.30 (Sun 15.30 (Sat) BENIN-LOS: (Mon-Fri/Sat/Sun), 09.15, 12.30, 17.00 IRS LOS- AB: (Mon-Thur) 07.30, 8.30 7.45 8.45 09.30 10.30 11.30 12.30 13.30 14.30 15.30 16.30 17.30 LOS-KANO: 08.00 09.15 10.30 11.45 14.3015.40 18.15 19.30 LOS-MAID&YOLA: 09.30, 11.30 FRI-SUN 10.30 12.30 KANO-LAGOS 07.30 0.45 14.00 15.15 17.30 18.45 KANO- ABV 10.45, 11.30 ABV –LAGOS 09.00 10.30 11.00 12.00 13.00 MedView LOS –ABV (Mon -Fri) 07.00, 08.15, 08.50, 12.00, 14.00 ABV –LOS: (Mon –Fri) 09.00, 10.15, 15.00, 16.15, 18.30 19.4; ABV –YOLA: 13.00, 14.10 LOS –PH 17.00 18.00; PH-LOS 19.00, 21.00 Sats: LOS –ABV 08.00, 08.50, 09.15 ABV-LOS 10.00, 11.15, LOS –ABV 08.50, ABVYOL11.00, 12.10, YOL-ABV 13.00, 14.10, ABV-LOS 15.00. 1615: LOS-PH 12.30, 13.40, PHLOS 1420, 1530 SUNS: LOS-ABV 12.00, 13.15, 16.30, 17.45, ABV-YOL 13.55, 15.05, YOL-ABV 15.50, 17.00 ABV-LOS 17.30, 18.45, 1945 LOS-PH 11.30, 12.40, PH –LOS 13.30, 14.40

Pillars of Nigeria’s economy Continued from Page 12

Allied Insurance Company Ltd, Adphil Transport Company Limited, distributors of Volvo Construction Equipments and Volvo Trucks in Nigeria, and Director with First City Monument Group, Meristem Securities Limited and Ecobank Nigeria Plc. His chieftaincy title include ‘Aare Ataiyese of Ilara-Mokin,’ ‘Asiwaju of Imesi-Ile’, ‘Baaloro of the Source,’ Ile-Ife, Osun State He has won numerous national and international awards and titles amongst which are: Nnamdi Azikiwe Distinction Award for Excellence, (1987), Doctor of Business Administration (DBA) (Honoris Causa), University of Nigeria, Nsukka, (1999), Fellowship of the National Institute of \

/ +—„„›; Order of the Niger (OON), 2005, Entrepreneur of the Decade Award, Success Digest, (2005), Asiwaju of St. Michael’s Anglican Church, Ilara-Mokin, President, Band of Light Society, Archbishop Vinning Memorial Church, Ikeja, Fellowship of the Institute of Directors (IOD), 2006, Fellow, Academy for Entrepreneurial ! —„„” &

‡ Faculty of Technology of OAU, Ile-Ife, 2007, Fellow of Lagos State Polytechnic, Ikorodu, Lagos, (2009). Dr. Oba Otudeko, CFR Dr. Oba Otudeko was born on August 18, 1943, a Chartered Banker, Chartered Corporate Secretary and a Chartered Accountant. & ! " prestigious institutions, amongst which are the Harvard Business School, the International Institute for Management Development in !

' œ ! =Z & School of Management and the London Business School. Dr. Oba Otudeko is currently the chairman of Honeywell Group, Airtel Nigeria and Fan Milk of Nigeria Plc. He retired as the chairman of First Bank of Nigeria Plc after 12 years. He also served on the Boards of Central Bank of Nigeria, Guinness Nigeria Plc and Ecobank Transnational Incorporated (ETI). Between September 2006 and August 2009, he was the 16th President and Chairman of Council of the Nigerian Stock Exchange. He was former chairman of the National Maritime Authority; member, Constituent Assembly responsible for drafting a new Constitution, 1988 to 1989, and Council Member, Manufacturers’ Association of Nigeria. Chancellor of Olabisi Onabanjo University, Ago-Iwoye, Ogun State from 2001 to 2010, and served on the Africa Regional Advisory Board of the London Business School, where he is now a member of the =

! ‡ Z Dr. Oba Otudeko’s National Honour was upgraded to Commander of the Order of the Federal Republic (CFR) in November, 2011, ‡ Republic (OFR) in November, 2002 and the Member of the Order of the Federal Republic (MFR) in December, 2000. According to Forbes rating he is currently rated 24th richest man in Africa. Molade Alexandria Okoya-Thomas, MFR Okoya-Thomas was born in Lagos on June 8, 1935 to Late Hussam Okoya-Thomas, _

‡! > \ †! ' ' CFAO, who served the company for 52 years and Late Alhaja Suwebat Okoya-Thomas nÊe Gbajabiamila, Otun Iya Adinni of Idita Mosque. He had his elementary education at Princess School, Lagos, between 1942 and 1946 and proceeded to Baptist Academy, and left in 1956 as the best graduating student, with his name listed on the school’s DUX BOARD (Honours Board). He studied Accountancy at Balham and Tooting College of Commerce between 1956 and 1959 and Accountancy at Columbia University, New York, USA in 1981. He was employed as an accountant by CFAO. He was the Director, Transcap Nigeria Limited; Niger Motors Industries Limited; NFI

Molade Okoya Thomas

Hakeem Belo Osagie

According to Forbes ranking, as at 2014, Alakija is listed as the 96th most powerful woman in the world and the richest woman in Nigeria and Yoruba land with an estimated net worth of $2.5 billion Insurance Company Plc and defunct Gateway Bank Plc and the Chairman, Studio Press Nigeria Limited, CFAO Nigeria Limited, CICA (Nigeria) Ltd., Transcap Nigeria Ltd., Oktom Investment Ltd., Itochu Nigeria Ltd., Chiyoda Nigeria Ltd. and Anchoria Investment and Securities Ltd. He was a member of Lagos City Council between 1971 and 1975, member Lagos State Development and Property Corporation, Chairman Board of Trustees Glover Memorial Hall and Tom Jones Hall. He is a recipient of the Chevalier de la Legion d’Honneur, the highest national honour given by the French to a foreigner. Hakeem Belo-Osagie Hakeem Belo-Osagie was born in Lagos to a professional gynecologist father and mother, a nurse, and is listed by Forbes as the 40th richest man in Africa.

& –

` which he moved to the Atlantic College in Wales. He is a member of the Nigerian Bar Association (NBA). He holds an MBA from Havard Business School in Petroleum Economics and a law degree from Cambridge University and an MA in Politics, Philosophy and Economics from Oxford University. He worked as an assistant to the Presidential Adviser on Petroleum and Energy and a brief stint at the Nigerian National Petroleum Corporation; in 1986, he set up a petroleum consultancy CTIC. In 1998 and bought 51percent of United Bank for Africa and sold it for $120 million in 2004. He is one of the largest donors to the African Leadership Academy, a residential secondary institution in Johannesburg that works to turn out Africa’s brightest students. He chairs the Nigerian arm of UAE telecom provider, Etisalat. Through his holding company, Premium Telecommunications Holdings, he controls a 12 per cent stake in Etisalat Nigeria. He is the founder and former Chairman of First Securities Discount House, the Chairman of the board of directors of Emerging Markets Telecommunications Services Ltd (‘EMTS’) and Chocholate City Group ), a leading entertainment company in Nigeria and serves on the board of Timbuktu Media, a new publishing house that intends to publish a national daily newspaper in Nigeria. He was investigated by the Economic and Financial Crimes Commission (EFCC) over alleged siphoning of huge sums of money from the bank’s branch in New York to its subsidiary in Nigeria, where he is believed to have substantial interest. Folorunsho Alakija Folorunsho Alakija was born in 1951 to the family of Chief L. A. Ogbara in Ikorodu, Lagos State. According to Forbes ranking, as at 2014, she is listed as the 96th most powerful woman in the world and the richest woman in Nigeria and Yoruba land with an estimated net worth of $2.5 billion. & =

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Hafodunos Hall in Llangernyw, Wales and Muslim High School, Sagamu, Ogun State, Nigeria. Afterwards, she returned abroad for her Secretarial Studies at Pitman’s Central College, London, and also studied Fashion Designing at the American College, London and the Central School of Fashion. She started her career in 1974 as an executive secretary at Sijuade Enterprises, Lagos, Nigeria. She moved on to the former First National Bank of Chicago, now FinBank, where she worked for some years. She is the Group Managing Director of The Rose of Sharon Group which consists of The Rose of Sharon Prints and Promotions Limited and Digital Reality Prints Limited and the executive vice-chairman of Famfa Oil Limited and the National President and lifelong trustee of the Fashion Designers Association of Nigeria (FADAN). In May 1993, her company, Famfa Limited applied for the allocation of an oil prospecting license (OPL) to explore oil on a 617,000-acre block, now referred to as OPL 216 located approximately 220 miles South East of Lagos ”„ /

Field of the central Niger Delta. In September 1996, she entered into a joint venture agreement with Star Deep Water Petroleum Limited (a wholly owned subsidiary of Texaco) and appointed the company as a technical adviser for the exploration of the license, transferring 40 percent of her 100 per cent stake to Star Deep. ! †! > = ž its stake in OPL 216 to Petrobras, a Brazilian company. Her foundation, the Rose of Sharon Foundation helps widows and orphans by empowering them through scholarships and business grants. She is the Vice Chairman of National Heritage Council and Endowment for the Arts.

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16

Saturday Newswatch, October 11, 2014

Politics

What we now have in PDP is healthy Drug trafficking:Kashamu in the eye of the storm rivalry – Oyo guber aspirant Adewale Giwa, Washington, DC

Engr. Seyi Makinde is one of the Peoples Democratic Party (PDP) governorship aspirants in Oyo State. At 29, he set up his own company which now boasts of about 2,000 staff with branches in Ibadan, Port Harcourt, Warri, Houston (USA) and Johannesburg (South Africa). The 41-year-old soft-spoken University of Lagos graduate said he is now better equipped to successfully run the affairs of the state, insisting that service delivery matters in governance. He recently granted interview to some selected journalists, including OLAIDE OYELUDE in Ibadan, where he shared his views on issues concerning the state and his ambition. Excerpts:

O

n the surface, you appear too gentle for the Nigerian brand of politics, and this is a situation which may force whoever comes across you for the doing in politics. Some people do ask me just as you have also observed - why I decided to partake in the Nigerian politics in view of my gentle and humble disposition, and I asked if I have to remove my shirt in the open to present myself as a politician. No. Politics is a game of the brain; a game of the mind and not of brigandage. And, if there is commitment, you will want to give back to the society. At the end of the day, we should be able to ensure that our people are not short-changed. That is why I am in politics. We are participating and everybody is involved. That is the only way we don’t lose the moral right to ask questions. And if we have a certain plan and God in his

> ' ! proposition to become acceptable, ' " !

> on and see that we get the result we set out to achieve. !" #$# governorship candidates in % !' ( ! !

! ) ' ! !' a good chance of being chosen as your party’s candidate for the 2015 governorship election in Oyo State? In those states you mentioned, Mr. President really demonstrated that he is impartial. What is there is that people will choose the person they love and want. We want fairness and integrity in the way we are doing things. What President Goodluck Jonathan does not wants and what should not be part of †! hooliganism. The type of leader people want is the type that can

& ! > !

state. I believe that with the support of people like journalists also, things ! & Z How will you rate your chances next year? To answer your question, I will tell you a story of when I took some friends on a tour to the US to meet the president of the largest automation company in the world. We got there and I told the man that I had some folks from Africa to introduce to him. He said he would meet them but that I should just hang on. I went there the second time and he said, okay, bring the guys from Africa, and we got up

Makinde to him. After the introduction, he looked at them and said: “These are guys from Africa?� And I said “yes.� He looked at them and I knew what was going on in his mind, because he is white and these folks are also white South Africans. Then, I said well, the guys you are looking at are like me when you turn your back. The lesson there is that to you, I and

The day former Governor Adebayo Alao-Akala was going to make his declaration at the Watershed Event Centre in Ibadan, my convoy was going to the Cultural Centre and we met at ‘Gate,’ and we waved to ourselves. If it were to be in the past, probably people What we have now in the PDP is a healthy competition which I think is good for our democracy

these guys cannot be trusted, even though they are white. When you turn your back, they are the same as ourselves. And we all laughed. Q > &

> > is that we have to do our own bit. People will stereotype us and say: “Can you really trust politicians to do whatever they promise?� Yes, that is the fear. But for me and my team, we are not playing the politics of destroying personality. You won’t ! & >Z *

!&

what we want to do for the people. And if we don’t do that, you, as journalists, should challenge us. Tell us we have failed in any particular area you notice. In short, we believe that we have people who believe in us and trust my team’s capability to serve them. Which new areas are you ! !" !" ! improving upon if elected? A particular area is that of education. At the last West African Examination Council exam, Oyo State was No. 24 out of 36 in rating. We came behind all the states in the South West, South South and South [ Z ' & as the southern part of the country is concerned. What have they (the All Progressives Congress (APC) done? How many classrooms in three years did they have and; how many teachers did they recruit? Just about two weeks ago, the government had political promotion for the teachers. They had political increment of salaries for workers. Why haven’t they done that all this while? We are going to put on the table what we want to do and we shall ' & Z ' > this is what we are going to do and we don’t do it, challenge us. Ask how we are going to get the money to execute it; how much it is going to take to carry out the project. That is the kind of politics we are after. We are spending a lot of time to appraise issues. From my professional background as an engineer, six feet is six feet; three inches is three inches. Also, we have a 10-point agenda, but four are critical among them. We are going to pursue them rigorously. When we put those programmes on the table, we are going to tell what we really intend to achieve. It is not when it is two years into the administration that we will be dancing around, saying we have performed. We will set the benchmark right from the onset and pursue it. If I go back to the debate that preceded this 2011 election, I would destroy this government in Continued on Page 58

T

his is not the best time for the popular businessman and South West chairman of the Mobilisation and Organisation & < Democratic Party (PDP), Buruji Kashamu, as he is currently at loggerheads with the United States government over an allegation of smuggling heroin into the country, 16 years ago. Kashamu is seen as a prominent member of the ruling political >

/ ' making sure that the party takes over the mantle of leadership from the All Progressives Congress (APC) in the zone. It was reported in national dailies that the PDP chieftain contributed > " > Mr. Ayodele Fayose in the last governorship election in Ekiti State. With the gesture of Kashamu, people see him as a politician who wants to take over the leadership of the PDP in the South West, not until his alleged drug case was recently revisited in a US court &

Z This development, observers believe, would put a serious check on the enthusiasm with which Kashamu has been showing up in political gatherings. It is also believed that the business mogul is seen as a potential governor of Ogun State and a factor that determines the state’s polity. Although, the chairman/chief # ! " – Group of Companies Limited has not declared any governorship ambition, people have begun to see him as a threat to other candidates who might come out. Instead of concentrating on his political ambition, Buruji is now &

' importing drugs as the United States is hell-bent on its decision not to set him free. Kashamu and 14 others were, in 1998, charged by a federal grand jury for their alleged involvement in an international conspiracy to smuggle heroin into the US. _! > € }Z–Z ' by the U.S. to extradite him failed, before he returned to Nigeria. The Royal Court of Justice in England presided over by Lord Justice Pill and Mr. Justice Bell had, in 2003, granted unconditional release to Kashamu when the US Justice Department could not substantiate its claims that he (Kashamu) was the most wanted ‘Alhaji’ who was allegedly mentioned by others arrested as

Kashamu

their principal conspirator. The UK authority declared that it discovered that the Kashamu’s case was a case of mistaken identity, stressing that the Chicago prosecutors at that time had also tainted their eyewitness

" >

to disclose that one Mr. Nicolas Fillmore, one of the co-defendants, failed to pick him (Kashamu) out of a photo line-up. However, Chicago District Court judge, Norgle, who, apart from faulting the British government’s handling of an extradition case

<

– ! claimed that it was the testimony and evidence produced by the Nigerian government that led to his release in England. The judge also said that Kashamu’s status as a political !

/ relationship with President Goodluck Jonathan would not # & against him successful in England. Prince Kashamu, in his swift response to the judgment through & >`

United States said: “I am not a drug peddler as the US court claimed. I have been the one who has been going to various courts in the US since 2009 to remove the stain of the purported indictment which was erroneously made against me because I am convinced that such a move would not only clear my name but also put a stop to the blackmail and the campaign of calumny against my person.� Kashamu, had on August 18, this > ! (motion for dismissal) against his indictment by a US court over &

into the country, 16 years ago. In its ruling, the Court of Appeals for the Seventh Circuit, &

/ = Illinois, Eastern Division, urged Kashamu to appear before it and defend himself. Judge Posner, in his ruling, described Kashamu as a fugitive and the leader of conspirators, stressing that “several months after the indictment came down, Kashamu showed up in England and was arrested at our government’s request. Justice Department lawyers, working with their English counterparts, sought his extradition to the United States to stand trial. “There were two extradition proceedings, both unsuccessful,

>

| ! > —„„Ë when the presiding judge ordered him not to be extradited. He had been detained throughout the extradition proceedings. As soon as the judge ruled, Kashamu left England for Nigeria, where he remains. ~ # > in the District Court in Chicago to dismiss the indictment on the basis

[ judge had made in refusing to order him extradited. The key

' – ! brother named ‘Alhaji’ who bore a ‘striking’ resemblance to him; that the brother had been a member of the drug conspiracy being prosecuted in Chicago, and that Kashamu had informed on his brother and other co- conspirators.

October 11, 2014

Win or bust! Eagles battle Sudan for AFCON lifeline AFCON qualifier: Taribo charges s Eagles to go alll out >>Pg.20

Sanchez: Premier League tougher than La Liga >>Pg. 19

18

Saturday Newswatch, ch, October 11,, 20 2014

Maduabuchi Kalu 08080669826

maduabuchi.kalu@mydailynewswatchng.com

League Watch

Akwa on revenge mission S against Abia Warriors

A

kwa United Football Club of Uyo will this weekend welcome neighbours, Abia Warriors Football Club of Umuahia in Week 32 # ! Â—Â„Â‹Ă‹ĂŒÂ‹ÂŒ / Professional Football League (NPFL), with the sole aim of ensuring that the Warriors from Umuahia & like they did in Umuahia some weeks ago. This encounter is set to be a very interesting one in the sense this encounter is going to rekindle the recent rivalry between the two neighbours. Akwa United it will be recalled ' !

stanza of the league by Abia Warriors when they beat the Governor Godswill Akpabio boys by 4-0 in Umuahia, but the Uyo '

> want to avenge that defeat tomorrow. So, based on the heavy defeat that Akwa United !

Warriors from Umuahia, it is expected that Akwa will come out smoking in this encounter in Uyo. They will throw everything in their disposal into this game but they should guard against having high expectations

rather they should approach this game with caution as the Ladan Bosso tutored side would want to make a statement that their " > " ' '

€! Z The second Abia State ! "

anything to chance as they have no respect for either home of name. At least, one thing is sure, even if Akwa will carry the day, it is not going to be a heavy > ! in Umuahia. With the recent draw against Enugu Rangers in Uyo, Abia Warriors are likely to toe the path of the Coal City boys or even going a step further by securing victory in tomorrow’s game in Uyo.

Having said that, there is the prospective of Akwa defeating Abia Warriors because according to State’s Director of Sports, Dickson Aniedi, Akwa’s target is to win all their home matches and pick some vital away points as they aim to pick a continental ticket at the end of the season beginning with tomorrow’s match against Abia Warriors. So it is going to be a tough match between the two neighbours. The fans, who will troop out to watch this encounter inside the main bowl of Uyo Township Stadium will certainly get value for their money when they ' ! tackles tomorrow. Both sides play good football.

MATCH DAY 32 Akwa United FC vs Abia Warriors Fc Bayelsa United FC vs Warri Wolves Fc Lobi Stars FC vs Rangers Int’l Fc Heartland FC vs Sunshine Stars Fc Crown FC vs Giwa Fc Sharks FC vs Kano Pillars Fc Gombe United FC vs Enyimba Int’l Fc Nasarawa United FC vs Nembe City Kaduna United FC vs El-Kanemi Warriors Fc FC Taraba vs Dolphins Fc

harks of Port Harcourt veteran skipper, Odinga Odinga, has given reasons why they have back down from their earlier decision not to honour the Week 30 home game against neighbours Nembe City Football Club of Bayelsa State. According to the veteran striker, by the time they > & Week 30 home game against Nembe City FC, they didn’t know what management of the club was doing in respect of what led them to decide to threaten to embark on > & Z He said when they management learnt on > & the Nembe City home game last Sunday, they approached them and explained what they have been doing to ensure that they are paid all arrears of both sign-on fees and bonuses. In the words of Odinga: “Why renege on our earlier decision not to honour our home game against Nembe

Why we honoured our Week 30 fixture-Odinga City FC on Sunday was that management got to know about our decision not to honour our home game because of the arrears of both sign-on fees and match bonuses and they called us and addressed us. “When they addressed us, they explained to us

> " making towards paying us what is owed us, that was why we shelved the idea of > &

Z “It was not a mere threat. We really resolved > & that was what happened,� Odinga said.

Eduok, Ubido, Obioma make Wonder Goal 5 Nominees

N

ewly invited Dolphins of Port Harcourt striker, Emem Eduok is one of three nominees for the 5th Glo Premier League Wonder Goal Award announced Monday by the League Management Company LMC. The others are Arinze Obioma of El-Kanemi Warriors and Julius Ubido of Heartland of Owerri. With four winners so far, the Wonder Goal is becoming a more exciting challenge both for the players who seek to win and the fans whose votes elect the winner. So far, we have had Osaguona Ighodaro and Emeka Eze, both of Rangers as Wonder Goal winners 1 & 2, while Oghogho Oduokpe (Bayelsa United) and lastly, Rasheed Olabiyi (Enyimba) as the winners thanks to the votes from passionate Glo Premier League fans across the

country. Eduok of Dolphins was nominated for his goal in the 2-0 defeat of Crown FC in Port Harcourt on August 13 in a \ = > —Ë # ! ' Ubido earned his nomination for his goal in Heartland’s 1-1 draw in Port Harcourt with Sharks on Match Day 23 and Arinze for his goal in El-Kanemi’s 2-0 defeat of Lobi

Stars on Match Day 6 on April 13. The Wonder Goal Award is won by the player whose goal polls the highest votes from fans voting online and the winner is usually rewarded with N100, 000 from which 50 per cent is donated to a charity organization the player will nominate within the location of his club.

Lobi, Rangers set Makurdi on fire

L

obi Stars Football Club of Makurdi and Enugu Rangers Football Club will this weekend set the Benue State capital ' ! at the 15,000 capacity Aper Aku Stadium this weekend to trade tackles for the maximum points in Week 32 of the 2013/14 Nigeria Professional Football League (NPFL). This encounter will certainly make for the star match of the week going by the pedigree of the two ! Z _ > their respective state governments. Due to the fact that the league has entered into its crucial stage where every point counts both sides are going to throw everything at their disposal to ensure that victory come

their way at the end of hostilities. To say the least, this is not going to be an easy match. There is no gaining saying that the two teams are going to use this match to renew their rivalry which has existed for a very long time and they know themselves very well. Lobi Stars would want to use this match to advance their position on the league table, while the resurgent Enugu Rangers who have gone six games unbeaten since the resumption of the league after its suspension due to the NFF

' ! ' !& the record in Makurdi this weekend. The Coach John Obuh tutored Rangers have been picking points away and would want to continue like that, that is the more reason this

encounter is going to be a cracker of sort. But Lobi will be relying on the experience of players like veteran striker Ukeyima Akombo, Barnabas Imenga Jr. Irolo Samuel > Emmanuel Ajia, Joshua Abanyi Aondongo, Esosa Igbinoba and Paul Ikenna to mention but a few, to executive the job with the sole aim &

# !

Z On Rangers side, we have goalkeepers Uche Okafor, Akor Itodo, Jonah Usman, defenders Madu Chibuzor, Cyril Oriaku, Nnaemeka Anyasodo, Pierre Coly who will do everything within their powers to ensure that no single goal past Rangers’ post just as [ [Š \ Chibuikem and others will be

linking up the defence and the forwards led by Razeq Adegbite, Chikeluba Ofoedu, Sanusi Sani and Christian Obiozor to mention a few. It is going to be Nigeria Professional Football League match

at its best. It is not only about the

> &

! ! bench of both sides will have a lot of ' > & to see that this game goes their way.

19

Saturday Newswatch, October 11, 2014

Sports/EURO League Hojbjerg hints at Bayern exit

P

Sanchez: Premier League tougher than La Liga A

rsenal striker Alexis Sanchez considers the Premier League to a tougher competition than La Liga and Serie A. Despite the Chilean international believing it is !

[ he told the Daily Star that it is more enjoyable.

After spells in Serie A and La Liga with Udinese _ —›%> % old feels he is in a good position to pass judgement on the respective Leagues. “Compared to other Leagues I’ve played in this is the hardest but > Ă?

commented. “Before

how great it was at Arsenal and how many quality players they had. Now I’m here I look at my teammates in training and Z� Since joining the Gunners from Barcelona

D

ivock Origi feels he still has improvements to make before he links up with Liverpool and manager Brendan Rodgers next season. The Belgium forward joined Liverpool from French side Lille in July but was immediately loaned back to the Ligue ‹ ! Z ‹ƒ impressed so far this season for Rene Girard’s men and has found the net four times in ‹— Stade Pierre Mauroy club. _! ' revealed he is in regular ' Q is keen to make further strides before joining ! ' ' % mates on a permanent basis. “Brendan Rodgers keeps in touch when he can because he’s a busy Ă? Z “Sometimes he sends me some messages and sometimes people from Liverpool come and visit me in Lille. It’s good to know they are following my progress. “Things are going well but there’s still some room for improvement. I’m still working hard trying to prepare myself for a higher level. I’m feeling good and ready

! ZĂ? Liverpool have made !&

' !

three Premier League > ! they narrowly overcame * _ —%‹ week.

in the summer Sanchez has operated on either € ! > ! left where he feels ‘slightly more comfortable’.

> ! < %[ @ @ & could leave Bayern Munich in the January transfer window

! % team action elsewhere. The Denmark international is regarded as one of the _! ` but he has been struggling to break into Pep Guardiola’s

%! Z ‹ƒ%> % > just 87 minutes in the German € and he is considering leaving the club on a temporary basis during the winter break. ~ " % % % >

' � @ @ ' †! as saying by TZ. I have to start thinking about whether it would be good for my " @!

but play regularly as well. “I have promised Denmark

coach Morten Olsen that I will ! % from January 1 on. I often get >

! > ƒ„

! '

' ! Z� Hojbjerg has a contract with Bayern until the summer of —„‹“Z

Van Gaal gets Ferguson’s seal of approval

S

Origi eager to make big strides at Lille Rodgers and his talented squad have what it takes to turn it around. He added: “It’s a new era at Liverpool and everything will go well. They have a fantastic team: [Mario] Balotelli

> have Daniel Sturridge and they have Raheem

% best young talents in the world. “It’s only positive and I don’t think we have to worry about " ZĂ?

ir Alex Ferguson has broken his silence over Louis van Gaal’s appointment as Manchester United manager to give his backing to the Dutchman’s " ! Z Ferguson retired in \ > —„‹Ë ! > anointing David Moyes ! ! [" @! ‹„ ! United to their worst < !

Z Van Gaal was the biggest spender in the summer transfer window bringing

" ΋›„ ' '

!

new British record signing \ % ' Ă? ‹Œ > Z In quotes carried by the Daily Telegraph from a forthcoming MUTV ! > ‡ ! said: “Louis van Gaal has made a lot of changes

!

Okaka fancies Sampdoria’s Euro chances

S

ampdoria Okaka has stated that Blucerchiati can >

[! competitions next '

impressive start to the new Serie A season. Sampdoria currently remain in third position in the league table behind Juventus and Q ' ‹Œ

acquired from six games. ~

Mihajlovic has been great since his arrival to Ă? !& Z “The coach told me: go back to doing what you know. I’m sticking with it. “We have made a sound start to the new Z * ' [! Z

actually maybe he’s doing

decks and build his own % ! ` experience and coaching > Z� Van Gaal endured a ! ' side’s defensive problems

highlighted by a dramatic ›%Ë month. But since that loss }

" mounting injury list to secure successive wins " [" * Ham and move up into the top four.

20

Saturday Newswatch, October 11, 2014

Sports/News

Win or bust!

Mark Ogagan

T

he qualifying race for the 2015 Africa Cup of Nations in Morocco hits halfway mark this weekend, and with it comes the added pressure of remaining in contention for a place in the Z Nigeria faces the daunting task of posting a mustwin result away to Sudan this weekend, or risks the unpleasant possibility of being ! †! following two uninspiring results against Congo and South Africa. Aside winning in Sudan, the Super Eagles must defeat Sudan at home four days later, and beat Congo away and South Africa at home to pick a ticket to Morocco next year. Sudan currently lies at & { ! are yet to score a goal this Z > two games; 3-0 to South Africa at home and 2-0 away to Congo. Nigeria are third with one point after losing their opening match 3-2 to Congo at home and holding on for a goalless draw away to South Africa. For the records, Nigeria has only lost once to Sudan, back then in 1969, and has emerged victorious six times. The last time Sudan hosted Nigeria in 2001 they were whacked 4-0 and the story was more or less the same in their last encounter as the Super Eagles emerged 2-0 winners in January 2008 in an Afcon Group C match. Nigeria coach, Stephen Keshi is taking no chances and has recalled Victor Moses and Vincent Enyeama for this must-win encounter. Clearly, the pressure is on Nigeria as anything less than three points ! @ & their chances of qualifying for Maroc 2015. Sudan coach Mohammed

Eagles battle Sudan for AFCON lifeline ...as Maroc 2015 qualifiers reach halfway mark

Victor Enyinnaya

S

Babs Oyetoro

F

ormer Super Eagles defence ace, Pastor Taribo West, has charged the senior national team players to go all out in Sudan and play the game of their life saying this is the only way to guarantee an outright victory in Khartoum. Taribo, who described the defending African Champions’ position on the table as precarious, said the only way to guarantee victory is for the players to go and play like Trojans thus !&

pride of African Champions. The former Inter Milan strongman recalled that Nigeria is trailing both Congo and South Africa on the table, noting that it is only outright victory that will rekindle hope of †! Z He stresses that playing a draw in Sudan would

further compound the team’s woes adding that outright victory is non-negotiable. He equally warned that

! ' > †! for next year’s Africa Cup of /

\ Z He opined that if Congo and South Africa could beat Sudan at home Nigeria should be able perform the same feat too. “Until the Super Eagles see the match in Khathonu as a war they may not give the match the required & Z > ! Sudan and play like Trojans !&

" >

> " into the game. They need to & ! noticed in their two previous matches. This is the only way to be sure of victory�, he said. Congo currently leads Group A with six points while South Africa is second with four points, and Nigeria is third with only one point from two matches.

Back in the team...Victor Moses

Mazda has, however, expressed optimism going

# ! " the underdog tag will work to their favour. He insists history cannot win a football match and hopes for a positive result that will catapult them from the lower reaches of the standings. Meanwhile, Bafana Bafana coach Shakes Mashaba will be away in his third match in charge during this qualifying campaign when they visit the Claude Le Roy-led Congo at the Stade Municipal de PointeNoire.

The Red Devils lead Group A with six points from two wins including the 3-2 victory over Nigeria in Calabar. This was followed by a comfortable 2-0 home win against Sudan. On the other hand, South Africa lie second in the standings having won their Ë%„ ' > ! and holding Nigeria to a 0-0 draw in Cape Town. This tie brings together a Congo side which boast the &

! "

"

South Africa side that have the best defence since they have

not conceded so far. The last time Congo hosted South Africa back in April 1997, they beat their visitors 2-0, and this could give them a psychological boost going into this tie. Congo coach, Claude Le Roy is no stranger to the Afcon †! > understands the importance of winning all home matches. He will hope Thievy Bifouma and <

! ' > burst the bubble of the Bafana Bafana defence and help his side bag the maximum points from this tricky tie.

We’ll fight like wounded Lions, says Omeruo uper Eagles central defender, Kenneth Omeruo, has declared that the Africa Cup W Sudan would be tackled headlong and as if the players’ lives depended on it. “There will be no space for laxity because it’s a now or never game if the Eagles must be in Morocco next year to defend the trophy it won in South Africa last year. The player who spoke during an exclusive telephone chat added that the mood in the camp speaks volumes of what to expect. The game is so crucial that the approach would be aggressive spiced up with

AFCON qualifier: Taribo charges Eagles to go all out

intelligent displays that would result to early goals. The team is in high spirit and not take anything for granted after being boxed into a corner. The resolution is now higher in Sudan. ‘The true fact on ground right now is that Eagles are like wounded Lions. They are not interested on anything else than going for the winner. It is a make or mar game. While it ? our opponents however, the determination, focus and zeal in camp remain upbeat. The same sing- song which shows that nobody is glad where we have found ourselves. We have taken it full blast as a huge challenge and we will stop at nothing to turn the seemingly hopeless situation around. The resilient spirit that has

work greatly in our favour will be re-enacted. We need support of our compatriots we won’t disappoint. We are battle ready,’ he said. Omeruo who breezed into the country to team up with his teammate to redeem the country’s Maroc 2015 AFCON hope revealed

that the players have one mission statement as the technical crew are as usual working round the clock to ensure Nigeria will grab the maximum points after the epic game. ‘We are in one accord # It is glaring that it is one

Congo South Africa Nigeria Sudan

P 2 2 2 2

GROUP A STANDINGS W D L 2 0 0 1 1 0 0 1 1 0 0 2

task that must be logically accomplished. In short, we are condemned to win that match or nothing. The dice is cast and we are equal to it. There is nothing that will stand between us and posting of great result. The motivation is already there. The prevailing peace that is on the air no doubt has give us the needed impetus to do great job for our country. V # V reproduce those fantastic defensive displays that l am known for. No injury # 6 the end. Our opponents in the game are also talking tough but the African champions will bring out " trophy. It was hard won and we must defend. We won’t surround just like that. IT is not in the Eagles character,’ he vows. The Middlesbrough star player stressed that though the Nigerian side was caught in this web, it should not be interpreted to mean that it is

GF 5 3 2 0

GA 2 0 3 5

PTS 6 4 1 0

FIXTURES

Congo v S/Africa Sudan v Nigeria Malawi v Algeria Ethiopia v Mali Gabon v B/Faso S/Leone v Cameroon DR Congo v CIV Uganda v Togo Guinea v Ghana Mozambique v C/Verde Niger v Zambia all over for her. According to him, in the round leather sport, any team can rank in any kind of result in any given game. The Eagles are ready to do well and go ahead to pick one of the groups ticket for the 2015 edition of Africa’s premier football summit. We are starting the spirited journey in far away Sudan, make no mistakes about it, he assures.

Z

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50

Saturday Newswatch, October 11, 2014

Brides&Grooms Relationship BOSE OLA-SAMUEL with

Understanding the role of colours in romance

0811-265-8560

olaopasb@yahoo.co.uk

Wonderful pre-sex tips for enduring sex

C

hances are you and your guy have a few go-to moves that are guaranteed to get you both hot and primed for action. And while it’s great that you know what works on your bodies, sticking to the same old thing (an ear nibble here, a nipple lick there) won’t lead to a bed-shaking Z ~* > ! !

a familiar way every time, your body becomes desensitised, and it won’t feel as arousing,� says Lori Buckley, < = #

< California. So, on the hunt for new tricks, we consulted top foreplay experts and discovered uncharted erogenous zones so packed with powerful nerve endings, just touching them take you „ ! “ƒZ Q out where they are and how you can electrify them tonight. 1. The ultrasensitive border around the lips Okay, so you know how to kiss. But what you probably don’t know is that there’s an undercover pleasure & ! " surrounding the edges of the mouth.

By Amina Brai Omoike

S

cientists have said that the majority of people are visual. Eyes are the main channel for obtaining information. * & ~ # > " people subconsciously react to bedding touch, but it’s often overlooked since ! & Z

most people focus on the plump part psychologists, bedroom colours and bedding of the lips,� says clinical sexologist & ' ! Q Q \= < =Z > ! > and cause certain reactions in individuals. >

> ! > >

€! ! around the edges of your mouth (like health. Purchasing a few modern bedding sets > !` !&

; > !`

! ' experience a tingly, almost ticklish bedroom decor themes, colour combinations feeling. & > !

Z You will be able to change your bedroom * > !`

! > ! ` " > &

need to lick around his entire mouth atmosphere for rest and meditation, good Ă˜ ' ! sleep and sweet dreams, or love and be weird. Instead, kiss him as you romance. normally do, then use the tip of your There is something known as ‘colour tongue to trace the edge of his upper psychology’ and this is it. * !

Z * lip lightly. Pull back and playfully kiss bedding fabric looks classic, fresh and him again, then trace the border of his & Z ~ ! ! >

> Z *

decor accessories, soft white wall paint and him of your tongue swirling around ' & >

Ă? > = Z Q Z increase energy. This pure colour also feels The technique works when he does soothing, hence, accelerates the process of it to you too, triggering thoughts of falling asleep. Bedrooms set in white help what his tongue can do below the belt. ' !

# enjoy good sleep. In feng shui practice, white 2. That sexy dip where neck meets is associated with the metal element. It stands for both purity and inner strength. For people chest seeking a sizzling sex life, white is probably The entire area between your jaw not a good option. It has, nonetheless, more line and shoulders is an erogenous healing power than any other colour. If you zone, but there’s one particular have just experienced a painful breakup, destination that’ll spark more goose decorate your bedroom with this colour in ! > Z ~ ` order to clear your mind, renew your faith &

' and nourish your courage. connects with the collarbone,� says * > ! ' ! ! \ \= is the colour for you. According to ancient female sexual medicine at Stanford Feng Shui bedroom decorating experts, light blue creates positive energy and pleasant, \ Z ~

comfortable and peaceful, modern bedroom ` ! &> decor. tissue underneath, so the sensations If your beddings come in sky blue, the are stronger.� In other words,

Z touching this area feels damn good. good rest and sweet dreams. Because of its To be continued next week quiet and tranquil nature, it is perfect for To be continued next week

' !

Z " that light blue bedding fabric and wall decor

€ > diseases also. In terms of romance luck, blue is an ideal colour for cat-and-dog couples who somehow manage to argue with each other almost daily. Its association with water can

> € # > you and your partner. For singles, painting > ! ! & " ' " > !

Z > ! ! depression, try to avoid this colour or use vivid shades of blue instead of pastel ones. Green is the colour symbol of relaxation. Forest green colour tones of modern bedding sets add freshness to bedroom decorating

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!

airy feel, lightness and tranquility into the bedroom. It also helps people unite with the nature and enjoy emotional balance. {

& ! and help people wake up fresh and feeling rested in the morning. They are great for calming modern bedroom decorating in eco style. Since it supports eco style, the colour helps relieve muscle tension and cure headaches. In feng shui practice, greenn is the colour of growth and change. Its evolving force is great for a couple stuck in a rut or a single searching for an adventurous soul mate. Yellow is generally a happy and cheerful ! Z

! > optimism. In some Asian cultures, it has been considered an imperial colour, and a lot of ! " than red, in terms of wealth and health. Use bright shades of yellow if you seek for an open-minded, honest relationship. Use softer ! ! gold to create mellow sensuality. If you often have insomnia, however, this colour is not recommended. Orange bedding sets are a wonderful

ROMANCE TIPS Ă™ Ă™ Ă™ Ă™ Ă™ Ă™

Go to church/pray/worship together. Take her to see a romantic movie and remember the parts she liked. Cuddle together under a full moon on a clear night. = @ > > ! @! ' ĂŒ her. \ Z Really love each other, or don’t stay together.

choice for adding optimistic and energetic accents to modern bedroom decorating ideas. It’s a beautiful fusion of romantic red and enlivening yellow, one of the best feng shui colours for romance luck. It is a great colour for a couple with polar opposites, for its vibrant energy can induce understanding and willingness to compromise. Unlike red, it can lend excitement without too much heat or jealousy. If you are looking for passion and dynamism in bed, choose red. In feng shui, can be either elevating or aggravating. If you want to spice up your sex life, go for red. But

> ! " ! &

' ' > ! lover or have had a quarrelsome relationship, stay away from this colour, or at least choose calmer shades of red instead of bright ones. Pink bedding sets look soft and trendy, symbolizing tenderness, romance, love and Z *

! ! red and immaculate white, your relationship ! " #! ! altruistic love. It is perfect for every couple. If you use pink as the theme colour of your !

>

Z According to feng shui practitioners, pale pink with a hint of orange may undermine the longevity of your relationship. Brown bedding sets add comfort and stability to the space. Associated with the earth element, brown speaks of stability and reasssurance, the same way a good home provides warmth and protection. Paint your bedroom brown if you want to & ! " Z = ! shades of brown are believed to strengthen > ! ' ' tend to calm your mind and stop you from overanalyzing your relationship. Stay away from this earthy shade, however, if you feel that your sex life has been so dull and needs to be spiced up. The colour black has a lot to do with class and sophistication. Although an unusual colour for a bedroom, it’s because a lot of people tend to associate black with loneliness and sorrow. In feng shui, however, painting your bedroom black or using it as an accent ! &> > ! relationship. Like blue, it stands for the water ' € # > understanding. Also, since it has the charm of mystery and invites exploration, it may & " ! " ' ` " take you along a exciting ride.

51

Saturday Newswatch, October 11, 2014

Brides&Grooms

Bridal Tips: How to enjoy your wedding day

W

hile your wedding day should be one of the happiest days of your life, it is easy to become overwhelmed with all the stress associated with the day. Here are some tips that would ensure you enjoy the day. 1. Wake up refreshed. Get to bed at a decent hour the night before so you can be your best. For this reason, it’s ' & parties at least a week ahead of time. 2. Eat a breakfast that is high in protein and complex carbs. This food will take a while to break down in your body and keep you going, which is important since brides and grooms can go long periods without eating. 3. Give yourself plenty of time to get ready. You want to be able to relax and have a good time with your bridesmaids, not stress over whether > !`

Z ÂŒZ * ' &

your hair styled. Brides often wear T-shirts that have to be pulled over their > Z = ' " ! !& without doing any damage to your beautifully done hair. 5. Grooms should make a list of all the things they need to do on the morning of the wedding. Bridesmaids are great at helping a bride remember everything. Groomsmen are less helpful in this regard, though they are

more likely to bring beer. 6. Speaking of groomsmen, it’s a good idea for the groom to discuss expectations for behaviour. Guys can &> Š> Z > ! want a level of decorum, it’s best to spell that out before someone tries to > > ! Z 7. If you bought new shoes for the big day, be sure to break them in ahead of time. Otherwise you’re liable to feel awkward in them, and have sore feet. 8. Don’t overdo the perfume. Heavy perfume can make you feel nauseous, " & ! Z 9. This goes for you too, grooms. Q & way. 10. Hire a wedding coordinator if possible. Couples often decide to cut this expense, but coordinators let you enjoy your day by keeping drama at bay. 11. If you can’t hire a wedding coordinator, let your bridesmaids >% Z They’re literally falling over themselves to help. 12. Don’t forget a wedding day survival kit. A typical one includes a

" >

# minor emergency. ‹ËZ ' Z shots make a fun counterpoint to your photographer’s stylised professional shots.

14. But other than that, put your phone away. Nothing is happening that’s more important than your wedding, OK? 15. Get loose before you walk down the aisle. Do some light stretching to release tension and get your blood € '

> ! ` pass out. 16. Stop to take it all in during the >Z > !

to include a “deep breath� moment so > ! " ! Š at your spouse, and burn the memory

into your brain. ‹”Z \ " %

!

Z Taking the time to enjoy a full meal is almost impossible with so many ! !

> ! & ! " %

!

' you grab a few bites and enjoy your new spouse’s company is more manageable. ‹žZ "

! ! your food to go. Arrange with the caterers to send a couple to-go boxes of food with you when you leave the venue. They’ll be glad to do it.

Why women cheat on faithful men We’ve often heard that men would always cheat, but what happens when a man is faithful to his partner and the woman decides to cheat? What could be the cause? AMINA BRAI OMOIKE sampled opinions.

I

t happens. It might not be fair, but it happens. Deal with it. If you deserve a decent girl, you will get one in the long run - Bridget It is just the sins of the past perhaps catching up with the guy? Men do it and are a million times worse - Blackie Do you think there are decent girls out there? For me, it is all been reduced to a gamble. I just discovered ladies don’t like gentlemen. They like to be cheated, abused, deceived and insulted. Strange and very absurd! I am gradually evolving - Jaiye Don’t be fooled; just because you met a girl at the church doesn’t mean she’s a good person and just because you are not having sex doesn’t make you a “good guy.� You need to learn how to build friendships and focus on character rather than the fallacy of going to church - Rhoda

Well, men have been playing this game since the beginning of time, some females are just starting to catch up. It’s a man’s world though and if a man does it, it is somehow ok, but if a female does it, all hell must break lose - Zainab There are girls who are good and girls who are bad. You’ve just happened to get one of the bad ones. If she cheated once, she’s going to do it again. You do not need this or her. Move on. Don’t dwell on it - Akosa Well, it happens; just take heart. The girl is not the right person for you. Pray that God will give you the right person - Prince Yes, it happens everywhere. Some of the reasons are, maybe because the boy doesn’t have money, or they feel that the boy cannot take care of her needs. Most times, it could be friends’ advice - Oyin ’ ! "

! > conduct of a woman you have not married yet

> " >Z & " ! she is fair game to all. Go and marry her - Honey The trend is this: You meet a lady and it takes you sometime to convince her. On the long ! ! Z ' " "

& ! Z annoying things, you overlook in the name of love and she starts complaining that you are childish, that she needs another person. Once > ! > % Kumbi Women cheat on good guys for the same reason men cheat on women. It’s the human nature to exploit weakness in any system or individual. Weak people exist for the survival of stronger people. Love is not an emotion, it’s a weapon used to weaken an individual. No one

can love; only God can. We just tend to manage with another. Love doesn’t exist in the real sense - Amaka You have no control on how your other half behaves. But don’t let this pull you down. So just try to be a good person, and a good girl will come along - Fiona < ' >

€! " to moment’s desires, when they could have just as easily taken the time to think about how ' Z it happens it’s easy for them to manufacture excuses to justify the act. I don’t make excuses for these kinds of people anymore. They are spoiled brats always looking for escape. If you get cheated on, don’t stay with the foolish woman - Jamiu

Forever in love...

Christiana and Onyema Amadi celebrating their fourth wedding anniversary recently.

52

Saturday Newswatch, October 11, 2014

Soulmate

With Amina Brai Omoike amina.omoike@mydailynewswatchng.com Tel: 0708-737-6877

Dating Calls

I’m depressed because he left me

Femi, 41, self-employed graduate needs a romantic, jovial and workingclass woman for a serious relationship. Call: 08038341039

A

" >

together, my husband left me and our two very > ! Z

it very hard to cope with day % > > snapping at the children. The worst thing about it all is that now I am completely on my own. I don’t really have many reliable friends where I live and no family, only his family - who just want me to stay there because of the children. However, my family members are not too reliable either. I am completely on my own, and feel stuck. I can’t do anything about it - I can’t socialise because I have no one to look after the children. My exand his family won’t. Please help me. I feel completely on my own, and I’m so lonely. Lois, Abraka

Lois, It is sad to hear that you’re feeling so lonely and unsupported. Break34567896:;6<;=>6@8=A68C6D=5CE6:3C6FC6 is possible to recover from them and rebuild a happy life. Local religious organisations such as churches and mosques can be a GHHA65H3=7;6HJ65344H=CE6KFC@6867=;7@;6 JH=6MFOM;6H9;5689A65H7F8M6;<;9C56JH=6 adults. Depending on the ages of >H3=67@FMA=;9E6>H36Q8>6D9A6C@;=;6 8=;64M8>G=H345E648=;9C689A6CHAAM;=6 G=H345R687CF<FCF;56537@68565KFQQF9G6 M;55H95E67=8JCE6A=8Q8E6Q35F7E6A897;E6 art or sports either there or in community and leisure centres. It 7H3MA68M5H6:;6KH=C@685TF9G68:H3C6 childminding circles. There might be activities for leisure and for FQ4=H<F9G6VH:65TFMM5X6 MM6HJ6C@;5;6HY;=6 7@897;56CH6Q8T;69;K6J=F;9A56:HC@6 for yourself and for your children. ;5FA;5E6FC678968AA6F9C;=;5C6CH6>H3=6 life. Friendships are numbers game. HC56HJ64;H4M;E6MFT;6>H3E68=;6MHHTF9G6 JH=69;K6J=F;9A5X6 HQ;E6HJ67H3=5;E68=;6 9HCE6K@F7@654;8T568:H3C6C@;QE69HC6 8:H3C6>H3X6 @;=;JH=;E6FC6Q8T;565;95;6 CH6F9FCF8C;67H9<;=58CFH956KFC@6856 many as possible to maximise your chances. Friendly overtures such 856[3;5CFH9565@HKF9G6F9C;=;5C6F96C@;6 HC@;=64;H4M;R567@FMA=;9E65;=<F9G68=;6 all good starts. Around 7 or 8 out of _`64;H4M;65@H3MA6=;54H9A6K8=QM>X 9A;=5C89A8:M>E6>H368=;6J;;MF9G6 89G=>689A6345;CE689A6>H3R=;68K8=;6 of the importance of not taking it out H96C@;67@FMA=;9E6@HK;<;=6C;Q4C;A6 you may feel. If you believe you may :;653Y;=F9G6J=HQ6A;4=;55FH9E6GH689A6 see your doctor. Counselling can greatly reduce recovery time. ;Q;Q:;=6C@8C6>H368=;69HC6A;D9;A6 by your relatives. No one can read >H3=6QF9A65H6FJ6K89C6@;M4E685T6JH=6FCz66 J6C@;>658>69HE6>H3R<;6MH5C69HC@F9GE6 but you can be proud you’ve been assertive enough to ask. Most people 8=;6GM8A6CH6M;9A686@89AE648=CF73M8=M>6 FJ6>H3R=;6G=8C;J3M689A67896HY;=6C@;Q6 help or friendship in return. The past is not a map of the future. You can 7HQ;6H3C6HJ6C@F565FC38CFH96:;O;=X6 MM6 C@;6:;5Cz

Olalekan Olaleye Alege Ashaolu, a businessman based in Lagos, Yoruba by tribe, needs a romantic, jovial and independent, comfortable and mature businesswoman as a friend. She should be between ages 30 and 60 years old. Call: 08139310771. Ng, 25, student, plump needs a mature man aged 35 to 60 who can be of Z ! only. Call: 08147538320 Anna, 40, comfortable from Jos, HIV needs a serious-minded friend. Call: 07018323845 Tunji, 45, public servant living in Ibadan needs a serious-minded woman aged 35 to 40 from any tribe in Nigeria, gainfully employed. She could be a single mother for friendship. Call: 07081431259, 08055200269 Freeman, 45, needs a romantic, jovial and independent female as a text mate. SMS: 08179829469 Chi needs a God-fearing, tall, caring, wealthy single man aged 35 to 45 for a meaningful relationship in Benin City. Call: 08039263817 Nike, 30, a graduate, homely, sincere and responsible, caring needs a man from the ages 36 to 55 for a serious Z Call: 07016655549 Omoola, a businessman and single dad aged 40 needs a good woman to marry. Call: 08025105358

I’m not sure he loves me

I

am a girl of 18, and a 23-year-old guy says he loves me. He is in his final year in the university and I just finished SS 3. I am not sure he loves me. Please help me out. Anita, Lagos AnitaE It is natural for you to feel scared 5F97;69H:HA>6K89C56CH6G;C6@3=CX6 ;F9G6 cautious is a smart step. But if a guy MH<;56>H3E6@;6789RC6=;8MM>6@FA;6FCX6 C6 KH3MA65@HKX6 @8C6F56C@;658Q;6K8>6FJ6@;6 AH;59RC6MH<;6>H3E6>H36KH3MA6T9HKX6 F=5C6

C@F9G56JF=5Cz6 J6C@;6G3>6F56V35C685TF9G6 >H36JH=65;}E6=3968K8>6J=HQ6@FQX6 HQ;6 guys are actually bold enough to let you T9HK6C@8C6C@;>6K89C6>H36V35C6JH=65;}X6 9JH=C398C;M>E65HQ;6GF=M568=;65C34FA6 enough to still go into a relationship T9HKF9G6C@8C6C@;>68=;9RC6HJ6Q37@635;6 CH6C@;5;6Q;9X6 J6@;6MH<;56>H3E6@;6KH3MA6 78MM6>H3E6C=;8C6>H36KFC@6=;54;7CE6GF<;6 >H368CC;9CFH9E65@HK;=6>H36KFC@6GFJC56 89A6G;9;=8MM>E67=;8C;6CFQ;6JH=6>H3X6 ;6 KH3MA6:;67H97;=9;A68:H3C6>H3=6K;MJ8=;~6 9HC6V35C6K@8C6@;67896C8T;6J=HQ6>H3X6 ;6 KH3MA6GF<;6:;7835;6C=3;6MH<;6GF<;5X

Do aphrodisiacs help?

D

o aphrodisiacs really improve sexual performances? Basil, Jos

Basil, It depends on the kind you use.

HK;<;=E6CH6:;6H96C@;658J;65FA;E6FC6F56 8MK8>568A<F5;A6C@8C6>H368=;678=;J3M6 K@;9635F9G689>C@F9G6@;=:8M6H=65C3Y56 MFT;6 :3=89C85@FR6H=6Q894HK;=X6 J6>H36

need some extra strength to perform >H3=687CE6C=>698C3=8M6JHHA56MFT;68<H78AH5E6 7@H7HM8C;5E678==HC5E6G8=MF7E6GF9G;=E6 @H9;>E693CQ;GE6KF9;689A64F9;844M;5X6 3=4=F5F9GM>E65K;;C6:85FM6M;8<;56€FX;X6 ; 9=F9‚6@8<;6:;;96JH39A6CH6F97=;85;6 sexual drive and fertility. Bananas also help in boosting our sexual drive because of the high content of potassium and vitamin B.

Do you have a relationship or emotional issue to share or seek advice on? Contact the number above (SMS only).

Mr. Emman, 50, self-employed from Anambra State needs a God-fearing, caring woman as a life partner. She ! ! %

& ' to family life soon, aged 25 and above but residing in Lagos or Ogun State. Call: 09090466428 Dada, 49, light in complexion, 6 ft 5, Yoruba, Christian politician / businessman based in Ikeja. He needs a career, independent, mature, caring, understanding, God-fearing, single lady (either a medical doctor, actress, lawyer, radio / TV presenter) for marriage only. Call: 08088974646 Adebowale, 40, from Ondo State, needs a mature and caring woman between the ages of 35 and 45 years for a serious relationship lead to marriage. Call: 07086289249 Olanrewaju, 30, orphan from Akure, Ondo State, needs a classy, caring and mature woman between the ages of 25 and 35 years for a serious relationship that can lead to marriage. Call: 08088793479, 08038534195 A 50-year-old man needs a lady as a " Z ! > ! > Z Call: 07056584366 Oladimeji needs a girl between the ages of 25 and 30 years, not too short or tall, fair in complexion and also a wife material. Call: 08028879100, 08033297631

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59

Saturday Newswatch, October 11, 2014

Business News

NSE sets guidelines for WACMI programme Abiodun Awogbemi

T

he Nigerian Stock Exchange has set a new guideline for the West African Capital Markets Integration (WACMI) programme, an initiative to establish a harmonised regulatory environment for the issuance and trading of securities across the West African sub-region. According to the new guideline, the programme is expected to be rolled out in three phases of sponsored = > ! West African Brokers (QWABs) and Integrated West African Securities Market (WASM)

* \ member countries would be able to ! &

other than theirs through local brokers in those markets. The objective of

the phase one in the Nigerian capital market is to enable brokers that are not registered market operators in Nigeria to participate in the market by granting them remote access to The Nigerian Stock Exchange’s (The Exchange) trading facility through a =

\ by The Exchange. =

\ + Sponsoring Members) would bear any risks associated with, and will be held liable for any infractions resulting from the Sponsored Participant’s (SP) trading activities. In line with this, The Exchange may request any information from a =

\

trading activity. Also note that only ' [# Order Management System (OMS) vendors can participate in the WACMI

programme. According to the guideline of the Direct Market Access, a Sponsoring \ + \; ' Sponsored Participant who operates in a WACMI member country to submit orders to The Exchange’s trading system under the SM’s trading codes " \ ` \ + Z Z =

\ `

! ! ;Z While under the Sponsored Access, it allow a SP to submit orders under \ `

Exchange’s trading system directly, ' !

! \ ` OMS. Instead, the SP’s orders pass through a series of validation checks carried out by The Exchange and the orders are monitored by the SM

% + Z Z [# ` infrastructure).

L-R: National President, Commerce & Industry Correspondents Association of Nigeria (CICAN), Mr Toba Agboola; President, Lagos Chamber of Commerce and Industry ( LCCI), Alhaji Remi Bello; Hon Minister of Industry, Trade and Investment, Dr Olusegun Aganga, and President, Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), Alhaji Mohammed Badaru, presenting a Life Time Achievement Award to Dr Aganga in Lagos recently.

Shortage of gas hinders power supply Johnmark Ukoko

T

he recent privatisation of the power sector has expanded opportunities in the entire value chain of Nigerian electricity supply industry, while the festering challenges of weak transmission network and gas supply are pulling the plug on several Independent Power Projects. Saturday Newswatch learnt that the country has the capacity to ž “Œƒ ' & ! ! > Ă‹ žŒƒ ' & while its all time peak generation is ÂŒ ›‹” ' &

= —„‹—Z One of the worker in the power independent power plant who

! > / ' ' said, “Nigeria needs an increase in & ! > and hopefully, the ongoing reforms will create an enabling environment for private investment in the power sector.� The source disclosed that the global ' ' & ‹ „„„ Z / †!

‹“„ „„„ ' & ! ‹“„ &

of optimal industrial economic and technological development. The Managing Director, Eko Electricity Distribution Company, Mr. Oladele Amoda, while speaking to journalists in Lagos, disclosed that with the successful privitisation of the successor generation and distribution companies unbundled from the Power Holding Company of Nigeria, a conducive environment is ' << ‹„ „„„ ' & > —„‹›Z Amoda said there were still some challenges like the grid and gas supply, just as investors and prospective investors also say they still require more support from the bulk trader and the electricity regulators. Nigerians who spoke to Saturday Newswatch said it was ironicaly that a country which is known globally as a leading gas producer is unable to provide gas for its power plants for ages.

They said the government is not sincere in its promise to make electricity supply available to all Nigerians, adding that the inability of the government to tackle the gas shortage challenge will continue to discourage Nigerians and foreigners from investing in the country. However, the Chairman and [# ! " / Electricity Regulatory Commission, Dr. Sam Amadi, said the transmission network, a critical link in the electricity value chain under the government ownership and control, '

& Z According to him, “The network is weak, radial and lacks redundancy >Z "

increase in actual generation, the transmission network will not be capable of supporting such output.� " ‹„„ " licenses have been granted to investors for IPPs, but only few of the "

headway in constructing the power plants due to gas shortages.

Manufacturer laments holidayinduced losses Johnmark Ukoko

A

s Nigerians resume for work after the independent and Sallah holidays, a Small and Medium Enterprise (SME) promoter and Managing Director, Moyo Nigeria Limited, Mr. Adetutu Moyosore, has bemoaned the negative impact on the manufacturing sector of the economy. \ > ' !

the production of plastics products, told Saturday Newswatch that the government should allow the two main religious groups to celebrate their holidays on the actual dates they fall. He stressed that there were too many holidays in the country, adding that the shift of holiday celebration to the week days, where such celebration falls on the weekend is not healthy for the country’s economic development. “In my view, I think there are too many holidays in the country. The recent Moslem holidays fall on Saturday and Sunday, but because of the standing rule in the country, it was moved to week days; Monday and Tuesday. In the month of October alone, we have stayed away for three long working days. This is not healthy for our distressed economy.� He stressed that Micro, Small and Medium Enterprises (MSMEs) promoters are not comfortable with most of the holidays being observed in the country, but have to comply as they do not have the power to stop them. The Moyo Limited boss stressed \ \[ !

! > are contending with so many challenges, adding that too many holidays is one of the challenges they are contending with. > ! in his sector are barely breaking through, adding that it would & ‡ government employees observe some of these holidays alone, as they will still be paid at the end of every month; work or no work. ~ ‡ Government will declare holidays for private and public workers, when the government do not know the state of the private companies. “The government’s employees can spend eight months at home, and will still get their salaries. The private companies cannot pay their workers if they do not work. Where will they get the money from? Some of the holidays, observed in this country should be left to government employees alone. They will be paid their salaries even if they stay at home for months. “We have seen government unions down tools for eight months in this country, and still get their salaries

! Z " ! in Nigeria that can do that. The company will simply close down,� he declared. He appealed to the National Assembly to initiate laws that will exempt private companies from certain holidays, as the country waste many days in observing public holidays. \[ ! suggested that Nigerians should be allowed to celebrate the holidays of their religion.

60

Saturday Newswatch, October 11, 2014

Business & Economy

Developing insurance penetration among business strata Over the years, insurance companies have sought XYZ[ \] X^_ `Y{| \}~ {]_ €~_{~ ] \}~^‚ {ƒ[\]„~‚[ Consequently, the National Insurance Commission 1$,&20 }Y[ ~„`Y‚|~€ ]_ †Y‚^]ƒ[ ‚~ ]‚„[ \] ‡‚]€ƒ{~ [\‚]_ˆ~‚ ^_[ƒ‚Y_{~ {]„‡Y_^~[ X}^{} X^‰‰ \Y|~ ‡YZ„~_\ ] ˆ~_ƒ^_~ {‰Y^„[ [~‚^]ƒ[‰Z +]X~†~‚ X}^‰~ \}~ ~‰^\~[ }Y†~ ~„`‚Y{~€ ^_[ƒ‚Y_{~ ]\}~‚ 1^ˆ~‚^Y_[ Y‚~ [\^‰‰ [|~‡\^{Y‰ -2+10$5. Š.2.2 ‚~‡]‚\[

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he insurance industry in Nigeria is still bedeviled by several challenges prominent of which is the problem of public perception. This challenge has for many decades been an impediment to insurance business and patronage.

! > ' premium income generation and minimal contribution to the Gross Domestic Product (GDP) of the country’s economy. Saturday Newswatch’s investigations showed that the sector’s contribution to the country’s GDP is a mere one per cent, as against 12 per cent in South Africa and eight per cent in Ghana. To boost the image and the revenue of the local insurance industry, the industry ! ! & ! & >

a campaign against fake insurance operators who held sway in the 70s through to the late 90s. These “fake insurance operators� were reputed !

! unsuspecting Nigerian customers, only to disappear into thin air when the insured comes for claims on premium. Apart from the ‘fake insurance operators’ who gave the Nigerian insurance industry negative reputation, many local insurance practitioners will want Nigerians to believe that some leading companies also indulge in the same practice. These local insurance companies were known to have paid claims only after & '

! clients, until reforms were carried out in the early 2000s to curb such practices. Responding to the allegations that insurance companies before the reforms were not paying claims as and when due, the Group Managing Director of Mutual _

! ' speaking with Finance Correspondents / +‡ /; & that many old insurance companies were not honouring their claims. & ! many insurance practitioners were lazy, adding that the industry regulator then did not live up to the people’s expectation, which cannot happen today. The leading insurance practitioner stressed that no insurance company can & !

' the need arises, adding that the insurance regulator of today is up and doing. According to him, “It is true that many insurance companies of old were not >

! Z / \ ' weak. There is no insurance company in Nigeria that will not pay genuine claims

when they arise today.� '

!

/ ! charged local insurance companies to be innovative in their product’s design, adding that Nigeria with over 100 million inhabitants is grossly under insured as less than a million individuals are insured. He added that it will be in the interest of Nigerians to subscribe to one form of insurance or another as life is full of uncertainty, adding that it is high time Nigerians forgot what transpired in the past because local insurance companies have re-branded. In his words: “Despite what happened in the past, it is in the interest of Nigerians to embrace insurance companies. There are many products out there they can Z ! !

‚ when the unexpected happens, it is the insurance companies that can give some succour to the dependents of the insured.� Another insurance practitioner with ' > ! < ' >

> " Saturday Newswatch that to boost insurance penetration in Nigeria, the sector regulator and the insurance industry as a whole must partner with the media to help educate Nigerian masses. Sylvester disclosed that rich Nigerians are insured, which mean that in the event of unforeseen circumstances, their ' ! ! who need the insurance services more are still keeping their distance from the insurance services. In his words: “The rich Nigerians whose dependants have nothing to worry about in the event of the unexpected are insured. The poor Nigerians, on the other hand whose dependants have nothing to fall back to are not insured. Death is part of mankind.� He also appealed to the media to help educate Nigerians to embrace insurance services, as the best way to enhance insurance penetration. The insurance practitioner expressed his delight in the new partnership between the media and the insurance industry, adding that the partnership if sustained will enhance insurance penetration in the country, as is the case in other climes. According to him, “the media and sections of the insurance industry are forming and developing useful alliances. The emerging system of developing media platforms for insurance product distribution is a note for reference. The media must as a duty support the

! ' &

Fola Daniel, Insurance Commissioner insurance penetration in the country.� An insurance analyst, Mr. Igho >

" ' ' ! > / ' ' & insurance penetration in the country, the various insurance companies must go to the rural areas to look for new clients, as the companies in the past has concentrated on the main cities, to the detriments of Nigerians in the countryside who need the services as well. > !

! companies are now seeking out the down trodden members of the society, by introducing low insurance products ' > > Z According to him, “We have seen in recent times, local insurance companies introducing group cover for the very low segment of our society. There are products that go for as low as few thousands of naira per year, as long as the insured are in groups. This is a radical departure from what was obtainable in the past.� He cited insurance premium for such groups as, drivers, street sweepers, artisans, factory workers and other low income earners of the society, adding that some local insurance companies also have special products for community unions, religious groups, traders and other groups of people who on their own would not have been able to buy insurance policy. The analyst appealed to regular Nigerians to set aside funds for insurance services, as no one knows when the unforeseen will occur, adding that since / \ !

!

Despite what happened in the past, it is in the interest of Nigerians to embrace insurance companies. Life is full of uncertainties; when the unexpected happens, insurance companies can give some succour to the dependents of the insured

companies has no reason not to honour genuine claims when the need arises. Some Nigerians who spoke to Saturday / ' ' relatives, friends, kinsmen or colleagues who subscribed to some forms of insurance products have been paid their claims when the need arose. ! ' \ Z Patrick told Saturday Newswatch that his !

> !

! { !

!

! ! ' >

dependants of his kinsmen who died after the policy was bought have been paid the sum assured. He stressed that the amounts his union paid is very minimal because of the high number of the group, stressing that at the !

> !

the group policy, many of his kinsmen doubted the ability of the insurance company to pay the premium, in the event of death. Patrick disclosed that the insurance > ! > & claims that came up, adding that the doubting members of the union who refused to join the policy at inception has since joined, after some of the dependents ' & Z “Few years ago, a local insurance company approached our community !

{ ! >Z Many of our people opposed it, saying Nigerian insurance companies do not pay claims when the need arises, unless ! Z _! ! pleaded that we should give them a try, since the yearly payment is just a token amount. “Since then, we have lost six members to death, and the company has paid their next of kin. Those of us who opposed the move then have all joined the fold now because the insurance company was faithful to their promise. “Some of our members who opposed the policy then, have gone ahead to subscribed to some of the company’s other products, because of the prompt & Z & " ! ! to them from our members.� Patrick’s view is shared by many other / ' insurance companies are now meeting ! & ! to those Nigerians who do not have any form of policy to approach any company of their choice, and buy a policy. The years ahead will show if Nigerians will ever emulate indigenes of countries such as United Kingdom, United States and Japan where the population is fully insured.

61

Saturday Newswatch, October 11, 2014

International Business

Manufacturing, oil-reliance top Iranโ s diversified economy Eric Elezuo with Agency report

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Saturday Newswatch, October 11, 2014

63

Surveillance How I set upThe Gambia Police Force – Okudaye His aversion for crime ignited his love for police job in 1963 even without a thought for the hazard involved. The young Reuben Okudaye conquered fear right from the beginning of his career and climbed the ladder to the elite post of Commissioner of Police until he retired 15 years ago. In this interview with TUNDE BUSARI, Okudaye speaks on sundry security issues and the fate of retirees in Nigeria. Excerpts: It is often argued that crime is a natural phenomenon. To what extent is this submission right or wrong sir? Truly, crime is a natural phenomenon because you cannot separate it from the society. That is why there is a system in place to check it. In other words, we cannot have a crime-free society. Wherever you have human beings, there must be crime. In the Bible, it is said that in a congregation, we have those who breach the law. In a society where there is !

! >‚ % >

! ‚ ' inequality and imbalance in the socio-economic system, there must be crime. It must also be stated that unemployment naturally boosts crime so much as decline in social value. So, & > reduce crime. But wiping it ! > impossible. A society where the police, army, navy, air force and intelligence organisations are closed down is impossible. These security agencies are in place to make a society habitable to the citizenry. Why does crime vary from one society to another? Society itself is dynamic. As I earlier said, where there is inequality, declining social value and unemployment, the crime rate will be higher than where these vices are dealt with by the leadership. That is a society where it is not lip service that is paid to the provision of basic infrastructural facilities for the citizenry. In Nigeria, politicians are fond of mounting the soap box and making all sorts of promises they know they ' ! ! Z > > thing before they get elected

' >

Z * > ! even go to them, they snub you as if they are not the same person begging for your votes. How can one person have billions of naira and so many remain penniless, struggling to eat on daily basis? This circumstance encourages crime in society. And, politicians who seek to govern must have this in mind that the best way to reduce crime in a society is > !

with respect to improving the socio-economic life of the electorate. Failure to realise this and adhere strictly to it is dangerous even to the politicians and their families. But haven’t parents also a

Police? I just observed myself and realised that I was not happy that some criminals stole some items and they were not caught. This in particular fuelled my ambition to become a policeman. I did not even think of what policemen were paid, in terms of salary. I just felt the police was the only place where I could help to law in society. That was in 1963 in Benin City. I was trained at the Police College, Ikeja, and & %

!

}– Z * were taken through various branches of policing such as

" ' ride horse, how to ride bicycle and other areas.

Okudaye

role to play in curbing crime? It is true that charity begins at home. It is the law of nature. Parents are the window of the world to their children. lessons from their parents before moving to school and then the larger society. That is why parents should, as a &

up their children well so that as the Bible puts it, they are relieved at the end of the day. What I am saying here is that parents have a larger role to play in reducing crime in society. If you see your child developing a funny taste, you must call him to order. This is even not limited to the parent of the child alone. In the true sense of the word, we must be our brother’s keeper. It is not necessary that the child is your blood. Once you see a child developing a crime trait, you call him and advise him on the end result of what he is doing. Again as I said, this cannot cure crime but only reduce it. With your experience in service, do you think Nigerians are security conscious as they should be? Honestly speaking, Nigerians are not security conscious. We are in a society where you make yourself loose, thereby making yourself vulnerable to criminal elements. Nigerians have a penchant of keeping quiet in face of crime. That is instead of them to walk to the nearest station and make a report of crime, they keep the information away. It is

rampart in Lagos, where crime

& % > look elsewhere. This is a bad & ! Z Š you see a strange person in > ! ! > ! out who he is and his mission, where he is coming from and going. By the time you have done this, the stranger would know he is in a wrong place to commit crime. This is what obtains in those countries where the crime rate is not as pronounced. Security is not ! " ‚ " > > must be involved. Every citizen must be vigilant all the time. A situation where only security agencies are left with the responsibility does not make for good citizenry. What actually informed your enlistment into the Nigeria

My only worry on Boko Haram is that it has become a political thing

How then can you describe your career? ' " >

‚ very challenging because of inadequate work tools. There was not enough communication equipment and logistics, in terms of moving policemen around. What we had then was foot patrol or bicycle patrol. We largely used baton because criminals of that era were unarmed, unlike now that they are armed to the teeth. I also enjoyed myself because it was my chosen career. It was not imposed on me. This made it interesting even in the face of those challenges I mentioned. In the course of my career, I had the rare privilege of being selected to help put The Gambia Police in place. That was between 1985 and 1991. It was after I returned to Nigeria that I was promoted from being a deputy commissioner of police to a substantive commissioner of police. Which state did you !' ! called it quit? I commanded Osun Z ' Commissioner of Police Osun State had as a newly created State in 1991. I also served in Benue and Ogun states commands. I retired in Ogun State in 1999. Can you recall some incidents that remain green in your memory during your career? There are a lot of incidents, too many to recall. Is it the ritual killers in Osun or Ife/ Modakeke issue. In Benue State, there was a Fulani/Tiv dispute. But at the end of the day, I was able to discharge my

duty as expected of me. I lost some policemen during the crises. But that was part of the job. What is your experience as a retiree? Is your retirement ! ™ ' !' ! ' š Experience in retirement is †! " years, especially to those of us who were very, very active without sounding immodest. Unfortunately, we don’t get it right in this country. Here, unlike in the US, for instance, retirement is like throwing one into the graveyard. When you are retired, you are pushed to the oblivion. They don’t want to know anything about you again. One can only help himself by turning into a politician. But I am not cut out to be a politician, though I know every human being is a politician. Retirees are not just

! > where they are genuinely & " Z They, from time to time, engage the retirees as occasion demands to brainstorm, using their wealth of experience

! to problems. It is sad that ! before they are paid. Some are owed arrears of six months. Government should be fair to them and even review their pension as they do to serving workers’ salary. Government should realise that it is the same market everybody goes to and that life is dynamic. Can retired security personnel be useful in confronting the Boko Haram insurgency challenge? It is an area government should look into if they are sincere in solving the problem. Government should involve retired service men and see the result. Don’t say they are old. These people can do a lot in intelligence gathering, which is what is really lacking

&

problem. Nobody has asked me any question on how I was able to set up the police force of a country. And this is valuable information needed to improve the knowledge of the serving personnel. Does it then mean that the Boko Haram insurgency will live with us for a long time? I am not saying that. I am sure it will go one day. If you recall the Nigeria of the 60s, especially in the South West - you know how dreaded the Agbekoyas were. The movement really ravaged the West. But with time, it became history. In the North, there was the Maitatsine religious riot in –

ž„ Z ŠŠ out. There was the Bakassi Boys in the East and militants in the Niger Delta. They all became history. My only concern on Boko Haram is that it has become a political thing.

64

Saturday Newswatch, October 11, 2014

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65

NSE Daily Summary (Equities) at 10/10/2014 Symbol

GNI GUARANTY GUINNESS HONYFLOUR IKEJAHOTEL INFINITY INTBREW INTENEGINS JAPAULOIL JBERGER LASACO LEARNAFRCA LINKASSURE LIVESTOCK MAYBAKER MBENEFIT MOBIL MORISON MRS NAHCO NASCON NB NCR NEIMETH NEM NESTLE NIGERINS NPFMCRFBK OANDO OKOMUOIL PHARMDEKO PORTPAINT PREMBREW PRESCO PRESTIGE PZ REDSTAREX RESORTSAL ROYALEX RTBRISCOE SEPLAT SKYEBANK SOVRENINS STANBIC STERLNBANK STUDPRESS TANTALIZER TOTAL TOURIST TRANSCORP UAC-PROP UACN UBA UBCAP UBN UNILEVER UNIONDAC UNITYBNK UPDCREIT UPL VITAFOAM VONO WAPCO WAPIC WEMABANK ZENITHBANK

Opening Price

0.50 30.00 186.50 3.96 2.42 1.52 31.47 0.58 0.50 67.20 0.50 1.44 0.50 3.08 1.74 0.54 176.00 1.82 56.00 5.00 9.30 180.10 13.50 1.06 0.78 1050.00 0.50 1.00 25.30 34.00 2.49 5.50 4.18 37.10 0.50 32.00 4.40 0.50 0.59 0.86 639.50 2.85 0.50 33.00 2.31 2.40 0.50 175.50 3.51 5.70 15.20 57.50 6.52 2.15 9.10 47.99 0.50 0.50 8.68 4.14 4.29 1.42 127.00 0.73 0.95 23.51

High

0.50 29.74 188.00 3.83 2.66 1.52 30.50 0.56 0.50 67.20 0.50 1.44 0.50 3.08 1.74 0.54 174.00 1.82 56.00 5.05 9.30 180.10 13.50 1.06 0.78 1050.00 0.50 1.00 25.05 34.00 2.49 5.50 4.18 37.10 0.50 31.92 4.40 0.50 0.59 0.86 639.50 2.82 0.50 32.21 2.35 2.40 0.50 175.50 3.51 5.70 14.50 57.51 6.53 2.05 9.14 47.99 0.50 0.50 8.68 4.14 4.27 1.42 127.99 0.73 0.95 23.52

Low

0.50 29.50 188.00 3.83 2.42 1.52 30.50 0.56 0.50 67.20 0.50 1.44 0.50 3.08 1.74 0.54 174.00 1.82 56.00 5.00 9.26 177.10 13.50 1.06 0.77 1050.00 0.50 1.00 24.85 33.01 2.49 5.50 4.18 37.10 0.50 31.92 4.40 0.50 0.59 0.86 639.50 2.73 0.50 32.03 2.31 2.40 0.50 175.50 3.51 5.43 14.44 57.50 6.35 2.05 9.06 47.99 0.50 0.50 8.68 4.14 4.10 1.42 126.99 0.70 0.92 22.69

Closing Price Change (+)

0.50 29.57 188.00 3.83 2.66 1.52 30.50 0.56 0.50 67.20 0.50 1.44 0.50 3.08 1.74 0.54 174.00 1.82 56.00 5.03 9.26 180.00 13.50 1.06 0.77 1050.00 0.50 1.00 25.00 33.01 2.49 5.50 4.18 37.10 0.50 31.92 4.40 0.50 0.59 0.86 639.50 2.77 0.50 32.03 2.32 2.40 0.50 175.50 3.51 5.49 14.50 57.51 6.35 2.05 9.06 47.99 0.50 0.50 8.68 4.14 4.27 1.42 127.99 0.71 0.95 22.80

0.00 -0.43 1.50 -0.13 0.24 0.00 -0.97 -0.02 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -2.00 0.00 0.00 0.03 -0.04 -0.10 0.00 0.00 -0.01 0.00 0.00 0.00 -0.30 -0.99 0.00 0.00 0.00 0.00 0.00 -0.08 0.00 0.00 0.00 0.00 0.00 -0.08 0.00 -0.97 0.01 0.00 0.00 0.00 0.00 -0.21 -0.70 0.01 -0.17 -0.10 -0.04 0.00 0.00 0.00 0.00 0.00 -0.02 0.00 0.99 -0.02 0.00 -0.71

% Price Change

0.00 -1.43 0.80 -3.28 9.92 0.00 -3.08 -3.45 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -1.14 0.00 0.00 0.60 -0.43 -0.06 0.00 0.00 -1.28 0.00 0.00 0.00 -1.19 -2.91 0.00 0.00 0.00 0.00 0.00 -0.25 0.00 0.00 0.00 0.00 0.00 -2.81 0.00 -2.94 0.43 0.00 0.00 0.00 0.00 -3.68 -4.61 0.02 -2.61 -4.65 -0.44 0.00 0.00 0.00 0.00 0.00 -0.47 0.00 0.78 -2.74 0.00 -3.02

Trades

1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1

Volume

200 6,005,406 88,274 302,343 35,727,417 5,150 275,461 96,000 3,497,000 34,294 24,500 35,260 500 296,700 258,447 252,290 51,309 408 1,500 562,677 552,236 1,177,068 13,333 174,259 835,338 25,512 20,000 12,000 10,088,941 258,147 8,795 1,100 91,700 20,575 98,000 347,610 546,795 3,800,000 15,200 113,787 55,350 10,936,828 200 1,317,390 22,617,532 100 200 13,928 500 21,121,154 1,244,842 4,165,586 6,955,622 5,308,052 830,134 69,842 10,000 2,203,592 20,000 29,809 601,922 3,000 193,177 9,569,610 1,278,548 19,767,659

Value

100.00 177,546,768.00 16,524,207.00 1,176,991.12 93,442,280.00 7,738.50 8,424,176.00 53,760.00 1,748,500.00 2,126,729.00 12,250.00 50,974.30 250.00 891,282.50 469,290.97 136,256.59 8,956,874.00 738.48 79,800.00 2,820,745.75 5,127,672.50 210,269,632.00 173,329.00 183,467.56 647,063.50 26,060,740.00 10,000.00 12,000.00 252,061,504.00 8,667,574.00 20,844.15 5,753.00 347,638.00 736,470.00 49,000.00 11,099,555.00 2,400,156.50 1,900,000.00 8,666.00 98,952.23 33,973,256.00 30,247,686.00 100.00 42,267,876.00 52,551,692.00 230.00 100.00 2,412,403.00 1,750.00 115,939,344.00 18,081,504.00 239,538,768.00 45,035,372.00 10,886,404.00 7,529,683.00 3,187,090.25 5,000.00 1,101,796.00 180,000.00 116,232.46 2,486,000.75 4,200.00 24,545,138.00 6,877,661.00 1,186,528.12 451,601,152.00

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70

Saturday Newswatch, October 11, 2014

Sports Update

Eagles fired up for ‘total war’ in Sudan ...Akinwunmi says three points non –negotiable

A

frican champions, Nigeria are determined to wrestle

‡ of Jediane (as the Senior National Team of Sudan is known), when both teams clash at the 35,000 –capacity Khartoum Stadium tonight. With only one point from their previous two games in the campaign, the Super Eagles know only an outright '

' > in the series and with an opportunity to defend the title they won in South Africa 20 months ago. And Leader of Delegation to the big match,

NFF 1st Vice President, Barrister Seyi Akinwunmi has stated categorically that outright victory is non – negotiable. “We are here for serious business. I am happy at the & ! the players and the spirit in camp. Victory will be ours on Saturday.â€? The spirit is high in camp as the new faces called up by Coach Stephen Keshi for the †! Ăœ

Sudan have been proving &

competition in the camp. The Nigeria delegation

of 66 persons, including —Œ > —„ members of the Nigeria Football Supporters Club and ' /‡‡ ! @ ! € ' ! of Abuja aboard a chartered Air Sudan aircraft at midnight on Thursday, and landed in Khartoum four hours later. The contingent was received at the airport by Mr. Habu Gwani Ibrahim, Deputy Head of Mission of the Embassy of Nigeria in Sudan, who stood in for the Ambassador who was outside the country. There were also Mr. Friday Akpan, Head of Chancery

and the Public Relations Manager of the Sudanese Football Association, Issam Gumaa, as well as over 200 Nigerian students in Sudan who chanted names of the players and welcomed them to the country. The team’s Grand Holiday Villa Hotel, situated on the bank of the Blue Nile, is only "

! ` " stadium. At the match coordination meeting on Friday afternoon, it was decided that the Super Eagles will don all –white jersey with green stripes while the Falcons will wear all –red with white stripes. [ > Nigeria have informed the Nigeria Football Federation that they expect over 4,000 Nigerian students who are based in Khartoum to turn up for the big game on Saturday night. Although temperature has soared above 40 degrees, Sudan FA Public Relations Manager Issam Gumaa has assured that it will be much cooler at night when the match will take place. The match commissioner

\ & } while the Referee is Janny Sikazwe from Zambia. 1st Assistant Referee is Jerson Emiliano Dos Santos from Angola while Zambian Bruno Tembo is 2nd Assistant and another Zambian, Stanley Hachiwa is Reserve Referee. Sudan’s Senior National Team have not beaten their Nigerian counterpart since ‹ƒ“” ' > ‹ƒ“ž > { †! —%‹ at the same venue. But in July 2001, the Super Eagles lashed their hosts 4-0 in Khartoum’s twin city, Omdurman, to virtually seal a place at the —„„— ‡ ‡ * !

Korea/Japan.

Enyeama plays down Khartoum heat ...As Nigeria, Sudan slug it out in AFCON cracker

S

uper Eagles goalkeeper, Vincent Enyeama, does not believe the weather conditions in Khartoum ' " " on the team in today’s 2015 / ` ! †! against Sudan’s Falcons of Jediane. Maximum temperatures in Khartoum on Saturday are expected to reach 40 degrees Celsius, with pundits predicting that the predominantly overseasbased Super Eagles’ players will struggle under the hot conditions. Enyeama has now waved away such suggestions, explaining that the players are already prepared to brave the conditions on Saturday. “I don’t really know much about the weather in Sudan, but we (the players) have

been told to expect playing under very hot conditions. “Footballers thrive under any kind of weather condition, so the weather in Khartoum on Saturday should not really be an excuse not to (get a positive result). “It will be very hot and to be honest, it’s not really what we want, but we don’t really have a choice,� Enyeama told supersport.com. Enyeama, who will captain the Super Eagles on Saturday, missed out / ` ' —„‹› Afcon qualifying games against Congo and South Africa due to “family reasons�. Nigeria could only manage a solitary point from the two games in the absence of the OSC Lille man who ' >

Eagles land in Khartoum for crucial tie

T

he Super Eagles arrived Khartoum, the Sudanese capital early morning on Friday, at about 6am local time and 4am in Nigeria aboard Sudan Airways for the crucial / ! †! against the Sudanese national team. Reception from the Sudan Immigration was smooth, while a handful of Nigerians were outside cheering the team. After airport formalities, the team was driven to nearby Grand Holiday Inn, where it will stay for two nights. NFF Vice President, Barrister

Seyi Akinwunmi, led the team to Sudan, with NFF Director, Technical, Dr. Emmanuel Ikpeme, and other secretariat

'Z " the entourage is the President General of the Nigeria and Other Sports Supporters Club, Dr Rauf Ladipo. He came as usual with his team to cheer the Eagles to victory and he started doing that right from the airport. Today’s match is scheduled ž and 6pm Nigeria time, just as the Eagles had a feel of the Khartoum Stadium pitch on Friday evening.

...As Keshi denies ‘shutting Eagles door on Ik Uche’

S

uper Eagles Coach, Stephen Okechukwu Keshi has insisted he

" ' !&

the Super Eagles door permanently on Villareal of Spain striker, Ikechukwu Uche. Clarifying what he said at Wednesday’s media parley in Abuja, Keshi said for the umpteenth time what he said was that he will not beg Uche to play for Nigeria, especially when there are other players who are willing and ready at all times to play for the Super Eagles. “I don’t know where they got that portion of their reports from, but I never

said Uche won’t play as long as I remain coach of the team. In the near future if he changes his mind and indicates interest to play he will be considered on merit,� Keshi said. He urged the media not to sensationalise the Ike Uche issue as it will not help resolve anything. “We have to help all our players grow so that we can all build a strong national team and the media is a partner in this regard. He said he does not have anything personal against the Villareal striker but will not force him to play for Nigeria against his will.

Waterlogged pitch stops Eagles training

R on strong performances against Sudan in the coming days. “Those games (against South Africa and Congo) belong to the history books. I am one person that does not talk about history because I don’t believe in it. “We are looking forward to the two games against Sudan and that’s really ' & ‚ ' happened in the past,� he

said. Nigeria currently sit in third place in Group A of 2015 Afcon qualifying with one point from two matches. Congo, with maximum points from two games, are top of the pile while South Africa occupy second spot with four points. Sudan, with no points yet & Group A.

eports from Khartoum Super Eagles could not "

session yesterday due to the waterlogged pitch of the Khartoum Stadium. According to an / Football Federation (NFF), this followed an early evening downpour, which made the stadium pitch unplayable. It could not be ascertained if the team would push its training schedule to early this

morning, provided there’s an improvement in the playing surface. Inaugurated in 1957, the Khartoum Stadium is a multi-purpose stadium with a seating capacity of 30,000 people. It used to be known as the Municipal Stadium, and played host to ! Nations competition in 1957. It also hosted the 1970 African Cup of Nations and the 2011 African Nations Championship.

71

Saturday Newswatch, October 11, 2014

Sports Update

Ibom Stadium now Eagles new home, Pinnick declares

Mikel holds team hostage before departure

....To host all Grade A matches involving Nigeria Gbolahan Dada

T

Gov Akpabio (left) and Pinnick inspecting the Stadium

Uche denies Keshi’s claims N igeria striker, Ikechukwu Uche, has reacted to comments of Super Eagles head coach, Stephen Keshi, that he refused to honour a call-up to the national team. Keshi said earlier this week that Uche was contacted by the secretary of the Super Eagles, Dayo Enebi, to know if he had a South African visa ahead of the match against Bafana Bafana. The Nigeria manager also said he had included Uche in the team for the Afcon matches against Congo and South Africa, ! '

what he claimed was a poor response from the Villareal striker to the Super Eagles’ secretary. “Before the game against Congo, I did the list. Ike Uche’s name was on the list. He didn’t even know about it. Uche called me like four days later, and we spoke like brothers and that was it.

“The next time my secretary, Dayo Enebi, called the players asking them if they had South African visas. He called Uche and asked him and Uche said ‘why are you asking me, what do you need that for?’â€? Keshi told journalists this week. But Uche has now responded saying that “I never spoke to the Nigeria team secretary about SA (South Africa) visa.â€? The former Getafe man wants the Nigerian squad to focus on the game against Sudan and not be distracted. “(It is) important to clear the air. I never spoke to the Nigeria team secretary about an SA visa or demanded to have a word with the coach at any time. “We have important games against Sudan. It should be the focus of the players. I wish the team all the best in the Nations Cup †! Ă? } " social microblogging site, ' & Z

he newly built multibillion naira stadium in Akwa Ibom will now play host to all Super Eagles grade A matches, according to the Nigeria Football Federation, (NFF), President, Amaju Pinnick. Apart from the pronouncement that the stadium would host Super Eagles proposed Nations * W 7 Africa on November 19, in Akwa Ibom, Pinnick said the stadium will be used to stage all other matches involving the national team. Pinnick after his inspection with the members of the new board, described the stadium as the best in West Afriica. “ I have travelled far and near and I have seen so many facilities in Germany, Brazil and other countries that had hosted big time competitions, the Akwa Ibom stadium could compete with the best in the world. “Eagles will no longer need to go to London to play their friendly matches. We would bring the best football nations to Akwa Ibom to play Nigeria. The facilities at the stadium are

behold. The stands, turf and training pitches are good enough to host any team,� he said. Earlier, Governor Godswill Akpabio disclosed that his administration has almost completed two 5-star hotels around the stadium that could accommodate home and away teams. The Governor urged NFF to make good use of the stadium since it is built for sports development in the country. He said he was challenged by the facilities in other countries and he made it a point of duty to replicate the same in his domain “Whenever we go out of the country, we see beautiful stadia, beautiful facilities and I said to myself, why can’t we bring it to our country, and I am happy today that such dream is coming to reality in Akwa Ibom,� he said. The governor further revealed that he has signed a 10-year maintenance deal with the building contractor, Julius Berger and they would be responsible for the overall upkeep of the stadium in the next 10 years even after he has left the #

African Women Championship

Nigeria, Ghana, others battle for World Cup tickets Babs Oyetoro

T

he eight teams competing at the 9th CAF African Women’s Championships in Namibia are

& both the African crown and a ticket for the FIFA Women’s World Cup Canada 2015.

the 11–25 October tournament will represent the continent in Canada next year and in the absence of defending champions – Equatorial Guinea, who were knocked !

! †! >

Ăœ will fancy their chances of securing passage. It would be noted that in the eight previous titles Nigeria had been the dominating force, winning six tournaments, while Equato-

rial Guinea won the 2008 and 2012 editions. However, Nigeria’s Super ‡

Namibia as the favourites and are poised to recapture the cup again. The former African Champions enjoyed a smooth ride into the tournament, advancing into the second round of qualifying without playing a game after Sierra Leone withdrew. In the second round the West Africans had no problems, beating Rwanda 8-0 and 4-1 for a 12-1 aggregate victory to book their Z Coach Edwin Okon said will do well in Namibia. “We are ready for the challenges ahead. I want to believe our chances are good, though we are expecting no easy games.

Martin Odiete

C

helsea FC of England midfielder, John Mikel Obi was said to have held the whole team to hostage when he refused to board the Air Sudan Airline that was chartered to convene the team to Sudan for the Africa cup of Nations qualifiers, in Khartoum. Saturday Newswatch sports gathered that Mikel bitterly complained about the Airline seat saying there was not enough space for him to stretch his leg and would not in any way risk it to go for such a long journey to Sudan in that condition. It took the intervention of the president General of the

Nigeria supporters club, Dr. Rafiu Ladipo, Super Eagles chief coach, Stephen Keshi, the Airline cabin crew officials before Mikel agreed to board the flight. The situation was resolved when an alternative seat by the window side was given to the Chelsea FC play maker to sit for peace to return in the airline. The other player that complained was Fenerbahce of Turkey striker, Emmanuel Emenike though; he did not succeed in getting his seat changed. Apart from Mikel and Emenike, the other players did not join in the revolt as they were left looking in surprise at the action of the two top players of the team.

Trends in corporate governance in the last 100 years that we have traversed << Continued from back page cycles of corporate governance regimes. Have Unfortunately, continued poor corporate governance led we attained the optimum? Certainly not, but it is clear to another round of corporate that we are miles away from failures of a few major banks where we were in1914. On in the 2008-2010 timeframe. this critical entrepreneurial This moved the SEC to emcomponent of corporate panel another committee under M.B. Mahmoud to further governance, Nigeria has made revise and tighten the Code 100 years. But we are not quite of Corporate Governance for Public Companies. This phase there. It is clear that we need of bank failures was accompa- to raise our game in corporate governance in both public and nied by a precipitous decline private quoted companies. in the Nigerian Stock Market, ignited by the global economic The cost of corporate failures is getting too high and everycrisis wiping out substanthing must be done to prevent tial values as the market another cycle. capitalisation declined from Finally, we must encourabout N13 trillion to less than age private companies and N4 trillion. The ‘incestuous’ unquoted companies to focus relationship between stock on improving their corpobrokers and some bank CEOs rate governance practices. that created stock bubbles Whereas the focus has been on which eventually burst, dragthe publicly quoted compaging down the economy was nies, the nation is losing a lot reminiscent of a corporate from poor or sometimes nongovernance regime that was existent corporate governance still not up to the standard. practices in the private compaSanusi Lamido Sanusi as CBN governor pushed to raise nies, more so in the small and medium scale enterprises. The the corporate governance * " * standards in the bank and the sion (CAC) is encouraged to

$ take up the initiative to enforce good corporate governance governance for the banks. practices in non-quoted comThe current CBN governor, Z # / 6 $ panies. Similar attention must challenge to ensure that we do also be paid to organisational and institutional governance. not go through another cycle They all will add up to make of bank failures by keeping Nigeria a preferred destination keen eyes on the corporate for investment and improve governance of the banks, and our global competitiveness as ensuring that we sustain and we journey through the secimprove on the current level. ond century. See you in 2114! As at 2014, it can be seen

Saturday Newswatch

WORDS ON MARBLE

www.mydailynewswatchng.com

-Tradition built on Truth

Vol. 02, No. 91

Saturday, October 11, 2014

N

igeria has been celebrating the centennial anniversary of its foundation as a united country, and much of the focus has been amalgamation. There is therefore, a need to shift focus to the enterprise and corporate sector. In this realm, corporate governance as an aspect of enterprise development is gaining a lot of atten ™ # National economic performance is impacted critically by the Gross Domestic Product (GDP), and GDP is driven largely by enterprise output. Enterprises create jobs and wealth. Today, enterprise performance, growth and sustainability are moderated by the level of good corporate governance within the enterprise and how the enterprise manages relationships between all the stakeholders. There is ample and indisputable evidence that good corporate governance is a key success factor for many enterprises and organisations. Corporate governance deals with laws, procedures, practices and implicit rules that determine a company’s ability to make managerial decisions vis-a-vis its claimants - in particular its shareholders, creditors, state and employees. Its objectives are to achieve a responsible valueoriented management and control of companies. According to Mueller (1981), “Corporate governance is concerned with the intrinsic nature, purpose, integrity and identity of the institutions, with a primary focus on the entity, relevance, #X Z cretely, it can be described as the processes and " institution are directed and managed in order to improve long term shareholders’ values and respect of the legal rights of all shareholders in the context of its corporate mission. Sulaiman (2003) describes corporate governance as involving the balance of power with which an organisation is directed, managed, supervised and held accountable, and Dayton (1984) says, “it is the process, structures and relationships through which the Board of Directors #X However, what constitutes good corporate governance practices vary from one country, sector and organisation to the other, and these " legal codes, sector and corporate cultures. But the universal commonality is that corporate failures have often been connected with the failure of corporate governance, especially in contemporary global corporate history. Thus corporate governance is basically concerned with doing the right things and doing them right in an organisation through willing and able personnel to drive the organisation to success on a continuing basis. In the corporate setting, the implementation of good corporate governance is driven by the Board of Directors of the company or organisation. Whereas the executives of the company or the management are charged with corporate management of the company, the Board of Directors is charged with corporate governance. It therefore, follows that any company or organisation (public or private) that does not have a functional Board will have problem with corporate governance. Experience has shown that management cannot be trusted to protect the interests of all stakeholders; neither can it be trusted to maintain a healthy balance between viability of the enterprise. That is why the Board of Directors became a real necessity .The Board of Directors will be said to be practicing good corporate governance if it gives priority consid @ƒ Q ˆC# Q# Z ! " return for each stakeholder’s input 2. Making the company (i.e. Management) perform to high business and ethical standards 3. Ensuring the proper balance in the manage " # 4. Keeping the directors conscientious in their

5. Ensuring accountability Though the concept of corporate governance as a management science seems to be fairly new in Nigeria, it has long been practiced. Before 2003

N200

Industry is a bit like the human body. The cells are continuously dying, and unless new cells are created, sooner or later the whole thing will collapse and disappear. – Sir John Henry Harvey-Jones, English Industrial executive (1924-2008)

Entrepreneurial Paradigm Sam

Ohuabunwa

(OFR)

samohuabunwa@gmail.com

Trends in corporate governance in the last 100 years when the Securities and Exchange Commission (SEC) issued its Code of Corporate Governance for Public Enterprises in Nigeria, the only formal guidance for corporate governance was from the Corporate and Allied Matters Act (CAMA) 1990, or it’s precursors; the Companies Decree (1968) and the United Companies Act (1948) which made reference to some of the duties of the directors of a company. At the amalgamation of the Southern and Northern Protectorates in 1914, there were few companies operating in formal ways in Nigeria. The Royal Niger Company which was the precursor of the United African Company (UAC) in the country with tentacles in several areas principally agriculture and trading. Subsequently, such other multinational companies like John Holt, Patterson and Zochonis (PZ), Leventis and J.L. Chellarams came in the second wave of enterprise development in Nigeria in the 40s and U' # ` British owned and managed companies, the second wave admitted other foreign nationals including the Greek, Italians, Lebanese and V # foreign directors and most of the management was also foreign. Additionally, they were also subsidiaries of their parent companies and so, many of their corporate decisions were taken at ‘home’ and executed here. Though they had some local boards, these were essentially ‘token.’ They exercised minimum impact on management actions. From all accounts, since ownership was essentially monolithic and many of them private companies, they were not accountable to Nigerians, except to pay taxes to the colonial government. The earliest best known Nigerian corporate organisations at this pre-independence era included Odutola Tyres in Ijebu Ode, Odumegwu Ojukwu & Sons Transport Company in Lagos and the Dantata Trading Company in Kano. Again, most of these were all family owned businesses which practiced minimum corporate governance. Most of them are dead today whereas in other climes, companies that were started over 200 years ago are still thriving. The major reason for the high mortality of the

Corporate meeting in session

lack of meaningful corporate governance. In $ to have major waves of enterprise development. It was at this time that oil was discovered with the Anglo-Dutch and the French. The Swiss and some other Europeans followed suit in the chemical and pharmaceutical areas. Immediately Nigeria attained Independence in 1960, the desire of the new government to develop the country created the ambience for major entrepreneurial establishments opening the door for the Germans and other European countries to come $ by the Chinese and Indians with consumer products of all kinds. Most of these foreign companies sought

On this critical entrepreneurial component of corporate governance, Nigeria has made C M GH C C

last 100 years. But we are not quite there. It is clear that we need to raise our game in corporate governance in both public and private quoted companies. The cost of corporate failures is getting too high and everything must be done to prevent another cycle

Nigerian partners and began to create hybrid boards. It was at this time that the challenges of corporate governance became visible as the number of stakeholders in each enterprise $ escalated. On the heels of these came a young Nigerian Stock Exchange at Independence, which was populated by a small number of companies, some foreign owned, but most of them, Nigerian. The Nigerian civil war (19671970) caused a slowing down of the growth of the Enterprise sector. But no sooner had the war ended than another wave of enterprise development was unleashed, driven by the oil boom and an unprecedented rise in consumerism in Nigeria in the 1970-80 time frame. Unfortunately, the growth in enterprises was not matched by any growth in regulatory oversight, and Nigeria became a dumping ground for all sorts of goods and a haven for all sorts of corporate mis-governance. Seized by a patriotic fervour, seeing that most of the commanding heights of the blossoming Nigerian economy were in the hands of foreigners, the military government led by General Olusegun Obasanjo (now retired) introduced the indigenization decree of 1978, which forced the foreign companies to sell at least 40 % of their shares to Nigerians. This move caused so much change in our economy. Many Nigerian entrepreneurs and investors were born, and the Nigerian Stock Market bloomed. It also came with a real challenge in corporate governance .The new boards of those companies that had become predominantly Nigerian, or those with diluted foreign ownership, went through tremendous learning and stress while trying to adjust to the dynamics of public ownership of shares. Now we have to worry about minority shareholders. The Nigerian Shareholders Solidarity Association led by Akintunde Asalu (now late) was formed. Soon, similar shareholder associations followed in tow. This development actually helped to improve corporate governance prac $ directors of publicly quoted companies began to reckon with the interest of minority shareholders, and in some circumstances, compelled to become more accountable. Soon after, Nigeria went through an economic down-turn caused largely by the sharp drop # " decreased income through austerity measures, General Ibrahim Babangida decided to liberalise the economy under the Structural Adjustment Programme (SAP). With that, a new set of Nigerian entrepreneurs came on the scene with fully indigenised ownership of businesses as the government began to commercialise, divest and # sector with an unprecedented birth of new banks # But due to poor regulatory oversight, the ! corporate governance: concentration of power ™ ™ ings and pervasive corruption. The result was a season of unprecedented corporate failures that dragged many of the practitioners to jail and some of the bank depositors to early graves. This period also coincided with a spate of global corporate failures that started with the Enron Corporation and stretched to MCI Inc. and consumed Arthur Anderson. At this time, the SEC empanelled the Atedo … set of code of corporate governance in 2003.One major recommendation was the separation of the positions of the managing director and the chairman of the Board of Directors. About the same time in 2002, the United States Congress passed the Surbanes-Oxley Act in a major attempt to raise the level of corporate governance and stem " the global economy. Soon after, the Central Bank of Nigeria (CBN) under the watch of Professor Chukwuma Soludo introduced some far-reaching reforms that brought down the number of banks from about 56 to 25 through a process of consolidation and liquidation.

<< Continued on page 71

Printed and Published by NEWSWATCH NEWSPAPERS LTD., 159/161, Broad Street, Lagos. 0709-850-4488 (Newsroom) !" NICON HOUSE, 1st & 3rd Floors, Central Business District, Abuja. # $% &% '( 0709-882-1624. )**+ -/:; <=:: > '%&$ PATRICK ASONYE

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