Boko Haram: Court halts Ndume’s secret Pg.3 trial
Ndume
Aspirant challenges Buhari, Atiku to debate Pg. 4
Buhari
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Don’t contest, Sheik Gumi tells Jonathan Presidency slates public declaration for Nov 11 Jerry Gana heads fundraising c’ttee Mikail Mumuni, Editor, FCT
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ontroversial Muslim cleric, Sheik Ahmad Gumi, has requested President Goodluck Jonathan to shelve his re-election bid, advising the ruling Peoples Democratic Party (PDP) to replace him with either Governor Godswill Akpabio of Akwa Ibom State, former governor of Anambra State, Mr. Peter Obi or Abia State Governor, Theodore Orji in next year’s presidential race. The advice come yesterday, 24 hours after the President had said he would seek re-election after months of keeping the citizens guessing. Gumi, son of the equally controversial late Sheik Abubakar Gumi, had also during the week told General Muhammadu Buhari of the All Progressives Congress (APC) to withdraw from the presidential race and support younger aspirants in the opposition party. The cleric, in a letter titled ‘My candid advice to President >>Continued on Page 2
President Goodluck Jonathan (left) and President Boni Yayi of Benin Republic; while behind them are (L-R): Minister of Interior, Comrade Abba Moro; Minister of Foreign Affairs, Ambassedor Aminu Wali and Head of the European Union Delegation to Benin Republic, Mr. Joseph Coll during the foundation laying ceremony of the Joint Border Post at Seme– Krake, Nigeria-Benin border...yesterday.
Synagogue:Court summons Joshua to appear Nov 5 Francis Iwuchukwu and Ayodele Olalere
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G P lo In ull-O ss si u y
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he Lagos State Coroners Court sitting in Ikeja and presided over by Chief Magistrate Oyetade Komolafe, yesterday, ordered Prophet T.B. Joshua of the Synagogue Church of All Nations (SCOAN) to appear before him, apparently to give testimony regarding what he knew about the col-
lapsed guest house owned by the church. The Coroner stated this at the commencement of hearing into the cause of the collapse of the guest house, as the Ejigbo zonal head of the ment Authority (LASTMA), Oladiti Wasiu gave his testimony. The court, which is also investigating the cause of
the death of some persons at SCOAN, was told by the witness that on September 12, while on duty at the zon
– Mr. Onifade Micheal who was on duty at Ikotun roundabout, about a building that collapsed within the premises of the SCOAN. The LASTMA zonal head also told the court that Oni-
fade informed him that he received the information from passers-by, and that on getting to the scene, he saw a crowd surging to gain entry into the premises, but was prevented by the police. The witness further told the court that Onifade had requested for additional
along the corridor leading >>Continue on Page 2
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Saturday Newswatch, October 25, 2014
Cover Synagogue: Court summons Joshua to appear Nov 5 Continued from page 1 to the scene because of the upsurge of vehicular movements in the vicinity of the incident. Said Wasiu: “A few minute after 1:00pm, I got to Ile-Iwe bus stop, Ikotun, with a patrol team. Owing to the traf $ ridor, we alighted from our patrol vehicle. While some of my men con end, I and others walked from the bus stop to the SCOAN. “The main purpose was to reduce the volume of vehicular traf % inward Ikotun in order to create avenue for the agencies responsible for rescue operations to gain easy access to the scene of the incident.� In his testimony, the second witness, Mr. Adebayo Olayimika, who & '
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with the Lagos State Fire Service, said the building that collapsed was a $
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/ 3
$ construction. He also said about 211 persons were rescued from the collapsed building.
said: “We were not allowed to participate in the rescue operation until the morning of the following day. I observed that at the site, members of the church had commenced rescue operations. “However, since we were denied the opportunity of performing our statutory duties, we remained at the scene of
the collapse and I was able to carry out a 360 degree check, which involved assessing the situation; the extent of damage and the physical cause of the collapse. “I observed that there #
smoke, neither did I perceive any corrosive odour. It took much persuasion and intervention of other emergency responders even after identifying ourselves, before we were allowed to participate in the rescue operation. “During the process of search, rescue and recovery operations, 131 persons were rescued alive with various degrees of injury while about 80 bodies were recovered, suspected dead and taken over by the ambulance provided by SCOAN. “All the bodies recovered were whole, none being dis-membered or burnt. Also, there were no scattered bricks; the 3 #
also not shattered; rather, 3 had collapsed on top of each other. The collapsed building did not depict any sign of explosion or implosion. 7
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break on Monday September 15, at about 08:55 hours, at the scene of the collapsed building during the search and rescue operations. That was as a result of shifting and moving of earth machines, iron rods and other free burning materials.� Further hearing on the inquest was adjourned to October 28, 2014.
Uncertainty over kidnap of Petroleum Minister’s sister Nath Omame, Port Harcourt
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he kidnap of a septuagenarian woman, Osiya Agama, around 9pm on Tuesday, at the Leventis Bus/ Stop in Port Harcourt, has sparked a bout of controversy in the Rivers State capital. While speculations are rife in Port Harcourt that the elderly woman who was kidnapped by gunmen while returning from an evening service is an aunt to the Minister of Petroleum, Diezani Alison-Madueke, the police said yesterday that they were yet to ascertain the true identity of the victim. Madam Agama, according to sources, organizes periodic fitness programmes at a hotel in GRA Phase 1, Port Harcourt. Contacted yesterday,
the Police Public Relations Officer (PPRO), DSP Ahmad Muhammad, said he was informed that a woman was abducted at Leventis Bus/Stop on Tuesday. “I am only aware of a reported abduction of a woman at about 9pm on Tuesday, around Leventis Bus/Stop.� He, however, said that the police have intensified efforts to rescue the victim as well as arrest the kidnappers. It was learnt that even though the victim had already spent four days in captivity, her abductors, at as at press time last night, were yet to contact her family. Family members of the victim are also shying away from making public comment for fear that it could endanger her life.
Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke (right) and President of the Movement for the Survival of Ogoni People (MOSOP), Mr. Legborsi Soro-Pyagbara (left) at the inauguration of the MultiStakeholder Consultative Committee on the Environmental Restoration of Ogoniland.
2015: Shelve your re-election bid, Sheik Gumi tells Jonathan Continued from Page 1 Goodluck Jonathan’, said: “Mr. President, what I heard from people who are close to you is that you are humble with a soft heart. But still, humility is never enough
Leadership is about listening and taking good advice from people of wisdom, not you or have any agenda other than the unity and progress of this nation.� The cleric said although
the President, while taking years ago swore to be fair to all and defend Nigeria’s sovereignty, “unfortunately, many people including me, before God, believe you broke some of your oath.� Listing some of the alleged breaches in a copy of the letter he posted on his Facebook page, Gumi accused the President of being “more Ijaw than Nigerian�, while also alleging that he was discriminating against
Muslims and northerners. He argued further that the President had “divided the nation gravely on religious divide,� insisting that, “what truly matters is the legacy that we will bequeath our children and the next generation of Nigerians. We will not want a burnt country with hundreds of thousands dead, maimed or displaced people because of the thoughtlessness and recklessness of its leadership.�
While asking the President to use the opportunity of his current pilgrimage in Israel to seek divine guidance, Gumi advised him to relinquish his ambition “because of peace, stability and wellbeing of millions of innocent Nigerians.� He added that there are many politicians in the rul !"! # the projects he has already embarked upon. “The PDP can present Akpabio, Obi or Orji etc.,� he stressed.
...President to make public declaration Nov 11 B Clement Nwoji, Abuja
arely 24 hours after President Goodluck Jonathan showed overt interest in next year’s presidential election, his presidential public declaration
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+ / November 11 for a formal public show of his decision. President Jonathan had on Thursday met with chieftains of the Peoples Democratic Party ( PDP) at the Presidential Villa, Abuja, where he expressed gratitude to the party for giving
as it’s sole presidential candidate. He further constituted a Presidential Declaration Committee headed by Dr. Haliru Bello and former Senate President, Chief Ken Nnamani as deputy chairman, while the Secretary to the Government of the Federation, Senator Anyim Pius Anyim is the Secretary.
At another meeting, Jonathan had appointed former Minister of Information, Professor Jerry Gana as the Chairman of his Presidential Campaign Fund Raising Committee. Bello, a former Minister of " guration of his committee to journalists in Abuja. The meeting, which was attended by most of the Committee members, took place at the Banquet Hall of the Presidential Villa. Some of the Governors in attendance included Theodore Orji(Abia), Ibrahim Shema(Katsina), Ibrahim Dankwambo(Gombe), Olusegun Mimiko (Ondo), and Lyel Imoke(Cross River). Dr. Bello, who did not however disclose the venue of the public declaration, said it will be a platform for President Jonathan to meet with Nigerians to inform them of his decision based
on the pressure on him to contest. According to Bello: “The President gave us the task to organise the modality of creating a platform for him to meet Nigerians and announce his response to the various calls for him to come out and declare his interest in the presidential election.� The Committee Chairman said on that day, the President would tell Nigerians whether ‘yes’ or ‘no’ to the calls by Nigerians for him to contest. He said: “The President has not said anything yet, but it is like all Nigerians have called on him. It is our honest hope that he will come out and say ‘yes’ to the demands of the multitude of Nigerians. “We expect he will say ‘yes’ but we cannot say ‘yes’ for him. We will wait for him to speak. 7 /
is Tuesday, November 11. On that day, there will be a forum for the President to meet Nigerians to announce his decision. The venue is yet to be decided. That will be decided at our next meeting. “When we come out on November 11, the President will face the people of Nigeria and say ‘yes’ to their demand. If he says ‘yes’, it will be ‘yes’. If he says ‘no’, then it is negative. “But you are aware that our party, the PDP in all its organs, from the caucus to the Board of Trustees, National Working Committee (NWC) had decided that President Jonathan should refusal with the PDP ticket. “If he is going to contest, the PDP will give him preference. As the President, he has performed, and we are satis # # “It is only when he declines that we can look at any other contestant.�
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Saturday Newswatch, October 25, 2014
Cover Boko Haram: Court rejects FG’s secret trial of Ndume legal representatives and his immediate family as well as ustice Gabriel Kolawole of accredited journalists. In addition, the Federal the Federal High Court in Abuja has rejected an ap- Government wanted prosecution witnesses to cover plication by the Federal Government, which sought secret their faces from the accused trial for Senator Mohammed person while testifying in the witness box. Ali Ndume. Ruling on the application Ndume, a serving senator from troubled Borno State, yesterday, Justice Kolawole which has come under se- granted the reliefs sought by vere attack by members of the Federal Government in a the Boko Haram sect, is facing “limited form and manner�, trial over allegations that bor- insisting however that the apder on aiding the clandestine plication was “factually anaeactivities of the terrorist gang. mic�; not strong enough to be The government’s appli- granted in full. The court held that as cation dated September 21
XZ Ndume is entitled to fair +
[ hearing and fair trial under court to stop the public from the law, the state equally has witnessing the trial of the the responsibility of protectaccused person, other than ing the lives of prosecution !' ! =9 # Abuja
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witnesses during the trial. “Prosecution witnesses need an atmosphere that is conducive to testify so as not to incur the wrath of supporters of the accused person,� the court pronounced. Justice Kolawole noted that the application was caught between fair hearing/ trial and state responsibility, which means that the court must strike a balance, adding that, “in the instant case, the court is caught in mid scale�. Consequently, the court ordered that “witnesses will be shielded under a special arrangement by the court but such witnesses will also not be hooded like masquer > / press and parties in the suit, the public will not be allowed
into the court room.� However, Justice Kolawole said a prosecution witness in the box will be shielded by the court such that only the accused person will see his face. “This motion on notice subsists but granted in a limited way,� the court added. The court, however, stated that prosecution witnesses will be allowed to use pseudo names as well as conceal their residences and identities. In addition, the court ordered that prosecution witnesses will use a non-public access anytime they are coming into the court. The matter was later adjourned to November 11 and 12 for commencement of trial.
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FG inaugurates special committee on Ogoniland restoration assets and funds of the project might be held and utihe Federal Govern- lised. ment, yesterday, inAlison-Madueke stated augurated a â&#x20AC;&#x2DC;Multi- that the establishment of Stakeholder Committee on the Committee is a direct * Q response to the yearnings of to seek an enduring solution the Ogoni people and other to the issue of environmen- stakeholders for inclusion tal restoration of Ogoniland, as proposed in the United by government, to activate Nations Environment Pro- an enduring and robust engramme (UNEP) Report. vironmental restoration of The Minister of Petroleum Ogoniland. Resources, Mrs. Diezani She said: â&#x20AC;&#x153;It is based on Alison-Madueke, who in- the further recommendaaugurated the 14-member tions of the HYPREP Adcommittee, noted that it is visory Council that I have saddled with the responsi- reached out to patriotic bility of proposing a focused Nigerians from within and engagement and implemen- outside the Ogoni commutation plan with clearly de- nity to constitute this Multi Stakeholder Consultative According to her, the Committee.â&#x20AC;? group is also mandated to The Petroleum Resources advise the Hydrocarbon Minister pointed out that it Pollution Restoration Project is expected that the commit(HYPREP) Advisory Coun- tee would brainstorm and cil on the manner in which
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develop suggestions for a clear and actionable roadmap for the restitution of the Ogoni people and restoration of the environment for healthy living conditions. She added: â&#x20AC;&#x153;I am expecting that in due course, learning from the Ogoni restoration work can, and will be applied in other parts of Nigeria facing similar environmental degradation problems.â&#x20AC;? The committee has as its chairman, Dr. Jamila Shuâ&#x20AC;&#x2122;ara, the Permanent Secretary of the Ministry of Petroleum Resources. The members include His Majesty, King Godwin N.K. Gininwa, Chairman, Rivers State Council of Chiefs and Traditional Rulers, and Gbenemene of Tai Kingdom, Legborsi Saro Pyagbara; President of Movement for the Survival of
Ogoni People (MOSOP), Prof. Ben Naane; Prof. Rosaline Konyan; Dr. Abraham Olungwe; Mr. Friday Kpelo, all representatives of Ogoni community. Others members include Ambassador Daouda Toure; UN Resident Coordinator, Shuaibu Otori; representa ter of Petroleum Resources, Mr. John Lahu; representative of the Ministry of Environment, Jube Jemide; representative of the Ministry \
" Jonathan Okehs; representive the Nigerian National Petroleum Corporation, Mr. Austin Igboko; representative of Shell Petroleum Development Company, Mr. George Oguachuba; representative of Total; and Mr. Angelo Madera, representative of Nigeria Agip Oil Company (NAOC).
Lawmaker seeks 21-day quarantine period for returning U.S health workers 0! 8 0! Washington, DC
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Republican lawmaker representing Pennsylvania, Representative Tim Murphy, yesterday, canvassed a mandatory 21-day quarantine period for all United States health workers returning from Ebola$ > countries. Murphyâ&#x20AC;&#x2122;s plea came after an American doctor, Craig Spencer, who went to treat Ebola patients in Guinea, was diagnosed with the disease in New York City. According to Murphy, the U.S must take every necessary precaution to prevent the spread of Ebola. About four people were isolated because of potential exposure to Spencer, three of whom were being quarantined. & New York hHalth Commissioner, Dr. Mary Bassett, said: â&#x20AC;&#x153;Spencer arrived at Bellevue Hospital immediately after noticing symptoms, which included a 103-degree fever and gastrointestinal problem. He had been self-monitoring himself for symptoms since returning from Guinea. â&#x20AC;&#x153;He was being mindful about contact with people and spent most of his time selfisolating himself in his apartment.â&#x20AC;? Spencer becomes the third traveller who has unknowingly carried Ebola outside of Africa. The diagnosis raises extra concerns because Spencer travelled across New York City on the subway and went to a # + > + night, just hours before he noticed symptoms. One of the persons being monitored is an Uber driver, though he did not have direct contact with Spen
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day. Meanwhile, Nina Pham, the Dallas nurse who contracted ?
case diagnosed in the United State is now virus-free, according to the National Institutes of
Health (NIH). In a statement made available by the Head of NIH, Dr. Anthony Fauci said she could now move freely and go about her daily job. ! # to contract Ebola after treating Thomas Eric Duncan, a Liberian who traveled to the U.S and died in a Texas hospital October 8. Pham showed signs of improvement during several days of care at Texas Health Presbyterian Hospital in Dallas before she was transferred to the NIH facility in Maryland, @ The 26-year-old nurse was declared Ebola$
consecutive tests produced negative results and no experimental drugs were used in her treatment, according to Fauci. The statement said the young Pham later addressed journalists in Maryland, where she was quoted as saying: â&#x20AC;&#x153;I feel fortunate and blessed to be standing here today.â&#x20AC;?
# couragement to another Dallas nurse who contracted Ebola, Amber Vinson, who appeared free of the virus earlier this week after undergoing treatment at Emory University Hospital in Atlanta, as well as New York doctor Craig Spen
# # the disease late Thursday. > ! # disease, she was scheduled to meet President Obama yester + * *
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Rivers Guber: Iâ&#x20AC;&#x2122;ll not accept imposition, Wike warns =! / ! Port Harcourt
other aspirants truly believe that they are popular, why are he seeming controversy they shying away from partrailing the upland/riv- ticipating in an open contest? erine dichotomy being > touted by governorship aspir- Governor Chibuike Rotimi ants from the riverine area took Amaechi at the polls in 2015? a new twist yesterday, when the immediate past Minister of > State for Education, Nyesom the Peoplesâ&#x20AC;&#x2122; Democratic Party > ]
# can defeat me at the primaaccept any attempt to impose a ries?â&#x20AC;? > ] ] +
+ candidate on the party. > ]
^ 7% # Port Harcourt, at a world press accept any attempt to impose a conference to unveil his camgovernorship candidate on the He denied that he installed party. Let all the governorship aspirants go to the primaries Felix Obuah through the court to test their popularity. These as the state chairman of the are critical times, so it is in the PDP so that Obuah, in turn, interest of our party to put the would reciprocate by supportbest candidate forward for the ing his governorship ambition 2015 governorship election.â&#x20AC;? by jettisoning the principle @ ] ^ 7> +
+ of rotation and zoning in the clamouring for zoning? If the partyâ&#x20AC;&#x2122;s constitution.
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Saturday Newswatch, October 25, 2014
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News National Abduction: Wali APC presidential aspirant challenges regains freedom Buhari, Atiku, Kwankwaso to debate celebrate Okey Waliâ&#x20AC;&#x2122;s release, we must hasten to mmediate past President reiterate the fact that the of the Nigerian Bar spate of kidnappings and Association, NBA Chief general state of insecurity in Okey Wali, has regained our country cause for great freedom from his abductors concern.â&#x20AC;? â&#x20AC;&#x153;A safe and secure country after spending 13 days in the is one of the primary roles kidnappers den. Wali was kidnapped of our government, and by unknown persons on we call on the government Saturday, October 12, at to promptly address the about 9pm in Port-Harcourt, present state of insecurity in the country. We cannot Rivers State. A statement released continue to live in fear of in Abuja yesterday and kidnappers, armed robbers other criminals,â&#x20AC;? signed by NBA President, and Augustine Alegeh, indicated Alegeh said. He therefore, appealed that Wali, the 26th President of the NBA was released at to the government to take more seriously about 11pm Thursday night. much â&#x20AC;&#x153;The 26th President of the its constitutional duty Nigerian Bar Association, of providing a safe and Okey Wali SAN, was on secure environment for all 23rd October, 2014 released Nigerians. More so, the statement by his abductors after 13 days in captivity. I have placed on record its personally spoken to him, of the security agencies in hale, hearty and in good securing the safe release of Wali. spirit,â&#x20AC;? Alegeh stated. Reacting to the release He thanked and appreciated members of the of Wali, Chief Mike Bar and Bench, the security Ozekhome, SAN, OFR, agencies, friends and family who was also kidnapped of Wali for their concern, last year, and later released support and prayers during after paying ransom of N40 million to his abductors the period of his ordeal. While thanking God welcomed the news with for Waliâ&#x20AC;&#x2122;s safe release, he great joy and excitement. â&#x20AC;&#x153;The release of Okey Wali, also commended NBA members for keeping calm SAN, by his kidnappers is throughout the period a welcome development, and not taking any steps giving me a very big relief that may have directly or as someone who only last indirectly jeopardised the year went through a most ! " harrowing, nerve-wracking, which have now yielded # experience in the hands of positive results. Ozekhome However, the NBA kidnappers,â&#x20AC;? stressed that â&#x20AC;&#x153;while we said.
Paschal Njoku, Abuja
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Otti,Diamond Bank GMD resigns, declares for Abia governorship Patrick Okohue
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he Group Managing Director/Chief $% &' Diamond Bank, Dr. Alex & *&+78 position and declared his intention to contest the Abia State governorship seat for the 2015 elections on the platform of the Peoples Democratic Party (PDP). In a release, Chairman of the bankâ&#x20AC;&#x2122;s Board of Directors, HRM Igwe Nnaemeka Alfred Achebe, & & & would be sorely missed for his landmark achievement during his time, and described his tenure as â&#x20AC;&#x153;the brightest years of Diamond Bankâ&#x20AC;&#x2122;s 24 year-history.â&#x20AC;? Igwe Achebe said, â&#x20AC;&#x153;Dr ; % & with an outstanding career in the Nigerian banking industry. We are pleased with the time he spent at the < Bank Plc and wish him every success in his future endeavours.â&#x20AC;? & + = decision to resign , after it was recently extended by
another six years by the Board, was borne out of his passion for over three million citizens of the state. & because he does not want to watch things deteriorate, adding that Abia State requires very radical transformation. He however, said he would not blame the present administration because â&#x20AC;&#x153;You cannot give what you do not have.â&#x20AC;? He added that to really make a change in government one needs to have some level of comfort before coming in. The aspirant bemoaned the present state of Aba, noting that â&#x20AC;&#x153;Aba is the major reason I took this decision; more than 50,000 shoe makers are idle in Aba because of the economic condition of the state. While also promising to focus on other parts of the state, and ensuring that he opens up the state to the extent that the internally generated revenue of the state will be able to sustain = & that his administration will run Abia State as a business.
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presidential aspirant of the All Progressives Congress (APC), Mr. Sam Nda-Isaiah, has challenged the other presidential aspirants of the party to a debate to test if they actually possess the much needed ideas to wrestle power from the ruling Peoples Democratic Party (PDP), and develop Nigeria as a formidable nation. In a statement signed by his Director of Publicity, Mr. Igboeli Arinze, Mr. Sam Nda Isaiah threw the challenge to Gen. Muhammed Buhari, Alhaji Atiku Abubakar and Governor Rabiu Kwakwanso of Kano
State. The statement which described Sam Nda Isaiah as an aspirant who possessed intimidating credentials, also challenged other aspirants to make their manifestoes known to members of the APC and Nigerians. â&#x20AC;&#x153;While Nigerians are living with the frustration of a failed state courtesy of the PDPâ&#x20AC;&#x2122;s 15 years in power. I am shocked that all my fellow aspirants and other inanities that or no choice when it comes to electing a president that will salvage the country
and move her to the path of true greatness. â&#x20AC;&#x153;I am the candidate with the big ideas, the candidate with the best form of appeal to the Nigerian voters, the candidate who will leverage on Nigeriaâ&#x20AC;&#x2122;s resources and provide for the ordinary people the basics of life, food, shelter, education and securityâ&#x20AC;? said Nda Isaiah. He added: â&#x20AC;&#x153;Therefore, I am challenging my other brothers in the race for the APC ticket to a debate, let them come and tell Nigerians what they have in stock for them if they are not scared. I am sure that if they accept
this invitation, they will be routed. I call on the national leadership of the APC to organise debates as they will help the delegates elect a candidate not on past glories or on the amount of Naira they can give to these delegates, but on what they largely have to The presidential aspirant promised to tackle the health challenges in the country by paying of healthcare workers, promising that when he is elected, he will look into the problem of healthcare and fashion policies that will arrest the problems.
L--R Gombe State Governor, Ibrahim Dankwambo, Senior Special Assistant to the President on Agriculture, Baraka Sani, Special Adviser to the President on Politics, Professor Rufai Alkali and Women Affairs Minister, Zainab Maina after the committee meeting on President Goodluck Jonathanâ&#x20AC;&#x2122;s re-election at the State House Banquet Hall, Abuja yesterday PHOTO: ANAYO OPARA
Jonathan urges Falcons to defeat Cameroon championships. Although, the Super Falconâ&#x20AC;&#x2122;s scintillating performance thus far in this yearâ&#x20AC;&#x2122;s AWC tournament makes them the bookmakersâ&#x20AC;&#x2122; favourites to win the
> Jonathan also urged Toyin Adebayo, Abuja European Union (EU) has Infrastructure Project will them not to take victory he Minister of Industry, made available 12 million not be duplicating the work against Cameroon for Trade and Investment, euro (N2.6 billion) to of Standard Organisation of granted. Instead, he said, they Olusegun Aganga, has support the enhancement Nigeria (SON), he said that called on Nigerians to look of the National Quality SON will set the standards should prepare very well, beyond oil, and diversify Infrastructure in Nigeria, across all sectors and ensure and put their acclaimed her economy with a view to which has a life span of all the standards are met soccer skills and strength improving quality, safety, four years, and will further while the national quality to the best possible use on infrastructure will check today to achieve victory. integrity and marketability of enhance regional trade. The President assured Aganga stated that this the goods coming into the Nigerian goods and services country to make sure they the Falcons and their across the globe. Speaking yesterday at national policy to check the meet with the standard, and handlers of the full support and best quality of goods coming into if not, reject them. According to him, wishes of the Federal inaugurating the Steering the country is being put in â&#x20AC;&#x153;Looking at developed Government and all place. The Minister said, â&#x20AC;&#x153;For countries, they have been soccer-loving Nigerians Quality Infrastructure Project held at NICON Luxury 50 years, Nigeria operated = as they strive to add international Hotel, Abuja, the minister proper standardisation, and share from the global world another said that there is no way that is why the country is trade meaning that they sporting laurel to the Nigeria can industrialise if what it is today. We still have have the national quality glory of their fatherland. He joined other she does not look at areas of not been able to export our infrastructure as a country. goods to other countries, We need a body that will Nigerians in praying for competitiveness. According to him, one of and our biggest obstacle is support SON in checking the teamâ&#x20AC;&#x2122;s victory, and the ways to achieve this is meeting with international products, and quality of look forward to receiving services. If not, we will not them in Abuja with the standards. championship trophy. On if National Quality have value for our money.â&#x20AC;?
Clement Nwoji, Abuja
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resident Goodluck Jonathan has congratulated the Falcons of Nigeria
=" 2014 African Womenâ&#x20AC;&#x2122;s Football Championship in Windhoek, Namibia and next yearâ&#x20AC;&#x2122;s FIFA Womenâ&#x20AC;&#x2122;s World Cup in Canada.
He urged the team to go all out to continue their glorious domination of African Womenâ&#x20AC;&#x2122;s football with another victory, having won eight of the ten previous
Minister urges Nigerians to diversify economy
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Saturday Newswatch, October 25, 2014
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South West
News
Aspirant sues for peace in Oyo APC
Man crushed by train as corpses litter Ibadan rail track A
Olusakin Babalola, Ibadan
corpses are mauled by the passing train. The Railway District he Nigeria Railway Manager (RDM) in Corporation (NRC) Ibadan, Mr. Rashidi is worried about Gbadamosi, who equally the rate at which human corpses are being dumped of the act, frowned at the along the rail track in development, maintaining Ibadan, especially those that dumping corpses that runs along Bodija/ along rail track is an Sango axis, and has uncivilized way of treating consequently beefed up human beings. = He added that the NRC axis. management is already on Investigation revealed the lookout for those who that some unscrupulous carry out such act with a people have in recent view to making them face time, cultivated the habit the wrath of the law. of dumping human Meanwhile, a middle corpses along the rail aged physically impaired track that passes through = the state capital, to create Sule, has been overrun by the impression that such Olaide Oyelude, Ibadan
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a train travelling to Lagos from Ilorin. The incident, according to sources, happened on Wednesday evening when the train was passing through Bodija/Sango axis after its driver had made at stopping it (the train) when Sule refused to leave the rail track despite several warnings and loud noises by passers-by. Eyewitnesses said it was later discovered that Sule was deaf. His corpse was later removed from the scene of the accident with the ambulance provided by the NRC, and deposited at the Adeoyo State hospital, Yemetu
morgue. Mr. Gbadamosi , in his reaction, described the incident as unfortunate, observing that the incident could not have happened if Sule had not been walking on the rail track. He also absolved the train driver of any blame concerning the incident, pointing out that the driver did everything humanly possible to avert the incident. The Railway District Manager cautioned passersby against walking or playing on the rail track, revealing that the Ibadan/ Ilorin rail axis is now busy as trains frequently pass through the axis.
n aspirant to the House of Representatives under the platform of All Progressives Congress (APC) in Oyo State, Gbolagade Rahmon, has appealed to all aspirants in the state to unite in the overall interest of their party. ! from news men in Ibadan yesterday, Rahmon said that the party chieftains need unity now to prevent opposition from snatching power. He pointed out that the victory of APC in 2015 would sustain the development of the state, adding that victory for second term could not be in the party. He described the various transformation and developmental programmes of governor Ajimobi as unprecedented in the history of the state.
â&#x20AC;&#x153;Ajimobi has performed beyond his predecessors; he needed to be given a second chance to rule the state beyond 2015 in order to complete his good works for the state,â&#x20AC;? he said. Rahmon also admonished people of the state not to be deceived by the opposition to sell their conscience in the next governorship poll by voting for the wrong party. â&#x20AC;&#x153;I implore the people of Oyo State to vote for continuity and progress and to support me in my bid to represent Ido/Ibarapa at the National Assembly. I will deliver unequalled dividends of democracy to my constituency if given the opportunity to serve, â&#x20AC;&#x153;he pleaded. Governor Ajimobi on Thursday obtained his form of intention to run the second term from the APC Secretariat Yemetu, Ibadan, where he was hailed by party supporters.
Ambode declares for Lagos governorship, promises all inclusive government Patrick Okolue
T
X Z governorship seat entered a new phase yesterday as former Accountant General of the state, Akinwunmi Ambode, declared his intention to enter the contest to succeed Governor Babatunde Raji Fashola on the platform of the All Progressives Congress (APC). Ambode, who made the declaration at a rally at the Onikan Stadium, said his interest in the race is borne out of his desire to ensure the continuity of the progress which he said Lagos ' 8
# ? ! ! 1 0 ! 2 ! ! 2 ! 3# 9! ! ' 1 !@ / has witnessed under Governor /1! ! ' 0 / + !' ! <Q > ! 8 & ! ' Fashola. The aspirant who promised to $ ! 5 '' 9 # / <V > run an all-inclusive government that will accommodate everyone irrespective of tribe, religion, Benson Edjewhovbo fallouts of a general meeting of by unhealthy rivalry among recommendations of the just- gender or background, dispelled @ concluded national conference the rumour about his origin, rominent Yoruba leaders the Yoruba Unity Forum which well as cracks in other organs were critically examined by declaring that â&#x20AC;&#x153;Lagos is my state have called on the Federal held recently at the Efunyela of the race. Senator Femi Okurounmu in and you are my people. I shall Government to revisit Hall, Ikenne, Ogun State. Mrs. Awolowo therefore, conjunction with the forumâ&#x20AC;&#x2122;s work to serve you.â&#x20AC;? Chairman of the forum, what they tagged â&#x20AC;&#x153;the present urged all concerned to secretary general, Senator > unfortunate relegation of Chief (Mrs.) H.I.D Awolowo, urgently close ranks and Anthony Adefuye, Hon. leadership that would be expressed regret that the the Yoruba,â&#x20AC;? with a view to Yoruba nation has been pushed â&#x20AC;&#x153;confront every sentimental Moshood Salvador and others. redressing it. mechanismâ&#x20AC;? being employed However, a communiquĂŠ They equally charged behind in the scheme of things by other tribes to disintegrate issued and signed at the end members of the political class in the country. She, along her deputy, their unity and that of the of the general meeting of the to strive for a prosperous nation. forum by Chief Awolowo and nation that Nigerians could be Bishop Emmanuel Bolanle Meanwhile, at an executive Rev. Gbonigi, the chairman Gbonigi, argued that the plight proud of and live happily in. council meeting that preceded emphasised the need for Olaide Oyelude, Ibadan These were some of the of the Yoruba was occasioned the general meeting, the all Yoruba people to unite governorship aspirant under the umbrella of and speak with one voice, Peoples Democratic Party stressing that â&#x20AC;&#x153;the fact that we (PDP) in Oyo State, Professor and new converts with pomp constitution of the party like do not speak with one voice is Bolu-Olu Esho, Abeokuta Taoheed Adedoja, has assured those they met on ground. and celebrations. Present at the he Peoples Democratic It also acknowledged receipt that the state would witness a He declared that there were Party chairman in Ogun event to receive the returnees no defectors among the people of the report of national new dimension of development were the state chairman of State, Adebayo Dayo, has received into the party, but conference from members of under him if voted governor in declared that with the retinue the party, Adebayo Dayo, rather they are returnees as 2015. PDPâ&#x20AC;&#x2122;s National Auditor, of returnees to the party, PDP The aspirant gave the According to a press release they had at one time or another Adewole Adeyanju, would win the state in the next signed by the publicity assurance shortly after picking immediate past Speaker of been members of PDP. general elections. He commended the consultant to the forum, Mr. his nomination form of N11m at He stated this while the House of Representatives, leadership of the party both at Aramide Noibi, the forum the partyâ&#x20AC;&#x2122;s National Secretariat, reacting to the turnout at the Dimeji Bankole, Senator the state and National levels also reviewed the state of the Wadata Plaza, Abuja. = V [ #\ = < for providing the opportunity nation and urged the Federal Professor Adedoja who was Sodipo-Clark, by the party for all former Abisola to reunite all members of the Government to subject the a former Minister of Sports and who represented President members of PDP returning party who left for one reason outcome of the National Special Duties, had picked the to the party, in Abeokuta, the ] @ V > or another. Conference to a referendum, Expression of Interest Form Buruji Kashamu, Dr. Femi state capital, including former The chairman declared and that the President should for N3.5m at the partyâ&#x20AC;&#x2122;s state Majekodunmi, among others. Governor Gbenga Daniel. In his address, the state that with the success of the > ; V secretariat in Ibadan three weeks The returnees led by former chairman of the party from creating additional ago Governor Gbenga Daniel While speaking with declared that the returnees, it was crystal clear that PDP 30,000 polling units and the stormed the Kuto Secretariat of would return to power in the
journalists in Ibadan, he said the party with their supporters he had no fear of picking his units in the states. to enjoy all privileges in the state on May 29, 2015.
Forum urges FG to redressYorubaâ&#x20AC;&#x2122;s plight in national politics
P
accountable with all the principles of good governance, Ambode, ^ _ = % tribe or any other status, as long as you reside in Lagos, we will make Lagos liveable for you.â&#x20AC;? Commending the people for the level of support given him since he started his state-wide consultations about his intention to run, the former AuditorGeneral for Local Government said he is emboldened by the support he is receiving to march ahead with his ambition, knowing that since Lagosians are behind him, he is on sure footing. â&#x20AC;&#x153;The presence of thousands of = of the state-wide consultations that we commenced since last year. The acceptance and popularity of my candidacy, the great turn out and the fantastic support we have received from every corner of the state and beyond, from all sectors and various religious divine moment in the history of Lagos State.
Oyo PDP guber aspirant assures on development
OGDâ&#x20AC;&#x2122;s return will give PDP victory â&#x20AC;&#x201C; Ogun PDP chairman
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A
partyâ&#x20AC;&#x2122;s governorship ticket at the primary election. He added as an academic in politics with vast experience in administration at the state and national levels, the state has got a very good chance to witness development in every sector as it had never experienced before. He said the previous positions of responsibilities held by him had not only prepared him for a period like this, but had given him the opportunity to prove himself as a dependable candidate. â&#x20AC;&#x153;I have dedicated my life to the service of our people in the various opportunities providence had thrown at me in the past and it is time to leverage on those things I had been able to = ` that I will clinch the party ticket by the grace of Almighty Allah,â&#x20AC;? he said.
6
Saturday Newswatch, October 25, 2014
JUDGEMENT OF JUSTICE ABANG ON NEWSWATCH CASE
Continued on page ?
Saturday Newswatch, October 25, 2014
7
JUDGEMENT OF JUSTICE ABANG ON NEWSWATCH CASE Continued from page 6
Saturday Newswatch, October 25, 2014
8 NSE Daily Summary (Equities) at 24/10/2014
ASI reverses weekly bearish as bourse records 2.02% gain Abiodun Awogbemi
T
he equities market of the Nigeria Stock Exchange (NSE) reversed the weekly bearish trend at the close of the week. The major market indicator, the All Share Index (ASI) reversed the weekly gaining streak at the end of the week as the bourse recorded 2.02 percent gains week-on-week (wow) to close at 38,967.72 higher than its closing level in the previous week. The Index positive trend at the end of the week opened on a positive note and sustained the northward } trading days during the week under review except for the last two trading days with 0.04 percent and 0.03 percent on Thursday and Friday
Symbol
7UP ABBEYBDS ABCTRANS ACCESS AFRIPRUD AGLEVENT AIICO AIRSERVICE ASHAKACEM AVONCROWN BERGER BETAGLAS CADBURY CAP CAVERTON CCNN CHAMPION CHAMS CHELLARAM CONOIL CONTINSURE COSTAIN COURTVILLE CUSTODYINS CUTIX CWG DAARCOMM DANGCEM DANGFLOUR DANGSUGAR DIAMONDBNK DNMEYER EQUITYASUR ETERNA ETI EVANSMED FBNH FCMB FIDELITYBK FIDSON FLOURMILL FO FTNCOCOA GCAPPA GLAXOSMITH GOLDBREW GUARANTY
respectively. The Index made a headstrong approach in re-entering within the 39,000 thresholds; gaining 202 basis points week-on-week (WoW) and 769.99 basis points higher than its closing level in the previous week, while the market capitalisation also added N254 billion to close at N12.863 trillion. The positive weekly return of the ASI was on the back of positive sentiments across the market and improved risk appetite for equities = All sectoral indices except Lotuism (-0.01%) closed the trading activities on green points. At the end, the negative Year-to-Date (YTD) stance of the benchmark dropped
Opening Price
162.86 1.30 0.69 8.76 3.15 1.45 0.81 1.91 32.12 1.59 8.08 20.00 52.51 42.30 4.21 14.49 14.94 0.50 3.95 49.23 0.92 0.95 0.55 4.00 1.84 4.80 0.50 213.00 6.55 7.70 6.63 1.05 0.50 3.80 18.26 1.95 12.36 4.10 2.02 3.33 61.40 220.00 0.50 14.46 56.00 0.84 27.12
High
162.86 1.30 0.69 8.75 3.20 1.45 0.82 1.83 32.26 1.59 8.08 20.00 50.00 41.00 4.21 14.49 14.94 0.50 3.95 49.23 0.92 0.95 0.57 4.00 1.75 4.80 0.50 218.00 6.55 7.80 6.41 1.05 0.50 3.80 18.35 1.95 12.40 4.23 1.97 3.33 61.40 219.00 0.50 14.46 54.00 0.88 27.44
= Â&#x20AC;Â the week lower than 7.593 percent @ Activity levels, measured by volume and value of trades dropped despite renewed optimism by 30 percent and 28percent respectively relative to last weekâ&#x20AC;&#x2122;s level of trades as 1.327 billion shares valued at N16.986 billion were exchanged in a higher number of deals of 23,981compared with 1.884 billion shares valued at N23.732 billion exchanged in 23,981deals last week. The Financial services sector of banking stocks dominated level of transactions and as the most active sector followed by the Conglomerates sector driven by Transcorp Plc.
Low
162.86 1.30 0.69 8.60 3.20 1.45 0.81 1.83 32.25 1.59 8.08 20.00 49.89 41.00 4.21 14.49 14.94 0.50 3.95 49.23 0.92 0.93 0.56 4.00 1.75 4.80 0.50 210.03 6.55 7.70 6.30 1.05 0.50 3.80 18.25 1.95 12.30 4.00 1.95 3.33 61.40 219.00 0.50 14.46 54.00 0.88 27.14
Closing Price Change (+)
162.86 1.30 0.69 8.60 3.20 1.45 0.81 1.83 32.25 1.59 8.08 20.00 49.89 41.00 4.21 14.49 14.94 0.50 3.95 49.23 0.92 0.93 0.57 4.00 1.75 4.80 0.50 215.00 6.55 7.70 6.30 1.05 0.50 3.80 18.26 1.95 12.32 4.09 1.95 3.33 61.40 219.00 0.50 14.46 54.00 0.88 27.30
0.00 0.00 0.00 -0.16 0.05 0.00 0.00 -0.08 0.13 0.00 0.00 0.00 -2.62 -1.30 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -0.02 0.02 0.00 -0.09 0.00 0.00 2.00 0.00 0.00 -0.33 0.00 0.00 0.00 0.00 0.00 -0.04 -0.01 -0.07 0.00 0.00 -1.00 0.00 0.00 -2.00 0.04 0.18
STOCK
CLOSE
NESTLE TOTAL DANGCEM PZ GUARANTY
994 171 213 26 27.12
STOCK
CLOSE
CADBURY WAPCO GLAXOSMITH GUINNESS PRESCO
% Price Change
0.00 0.00 0.00 -1.83 1.59 0.00 0.00 -4.19 0.40 0.00 0.00 0.00 -4.99 -3.07 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -2.11 3.64 0.00 -4.89 0.00 0.00 0.94 0.00 0.00 -4.98 0.00 0.00 0.00 0.00 0.00 -0.32 -0.24 -3.47 0.00 0.00 -0.45 0.00 0.00 -3.57 4.76 0.66
GAINERS: TOP-5 GAIN 999 173 215 26.99 27.3
LOSERS: TOP-5 GAIN
52.51 118 56 184 33.73
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
49.89 115.93 54 182 32.05
CHANGE % 5 2 2 0.99 0.18
CHANGE % -2.62 -2.07 -2 -2 -1.68
Volume
Value
79,018 300 83,723 12,492,060 1,361,199 110,583 521,138 820,000 1,671,056 15,341 16,226 135,155 842,400 458,360 47,101 73,217 3,333 1,000,000 200 112,677 1,055,541 364,928 4,403,634 50,919 250,200 10 650,000 672,671 44,555 673,421 2,209,267 2,000 145,200 84,115 3,662,513 74,500 11,878,966 4,323,419 1,046,865 95,417 132,002 111,017 93,830 10,000 1,226,438 50,000 29,017,815
14,159,406.00 390.00 56,497.18 109,226,072.00 4,354,366.00 164,258.91 425,251.72 1,500,600.00 53,962,896.00 23,318.32 129,208.00 2,705,250.00 42,143,732.00 18,769,106.00 197,824.20 1,048,157.44 47,328.60 500,000.00 752.00 5,298,754.00 971,397.75 340,468.41 2,507,611.50 196,355.59 437,850.00 45.60 325,000.00 143,416,080.00 277,577.66 5,192,330.50 14,015,212.00 2,000.00 72,600.00 314,463.66 66,869,060.00 143,452.41 146,470,240.00 17,506,248.00 2,051,227.88 323,551.09 7,713,451.50 24,319,546.00 46,915.00 137,400.00 66,218,972.00 44,000.00 789,214,592.00
Saturday Newswatch, October 25, 2014
9
Opinion OUR VISION
Saturday Newswatch www.mydailynewswatchng.com
To support Nigeriaâ&#x20AC;&#x2122;s quest for justice through intellectual approach
-Tradition built on Truth
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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, NATIONâ&#x20AC;&#x2122;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
Curbing noise pollution in Lagos
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he noise and echoes from churches and mosques as they observe their prayers most mornings and evenings, and sometimes in the afternoons have mortgaged the level of quietness in the streets of Lagos. This is owing to the loudspeakers and various street corners. This obviously is a means of communicating to their audience and members, but why on street corners when the members are right inside the church. The reason for this may be exclusively known to them, but it is to the disadvantage of adjoining residents. Consequently, we seek governmentâ&#x20AC;&#x2122;s assistance to eliminate every element of noise pollution in Lagos. The government should kindly help to minimise or eliminate this problem before it ` = blown. Some music vendors also play loud tapes by street side, on trucks, vechicles
buyers. Every barber, hairdresser, welder, tailor, grinding machine operator and many others rely on one form of generator or another to transact their businesses. The noise they make has negative medical implication. In various homes, people play music as early as 4am in the morning with the volume on the loudest; very annoying. Apart from the noise generators make, they also emit poisonous substances detrimental to human health. Also, the highway drivers are not left out in the noise pollution as they constantly engage loud honking, most of which are very unnecessary. The sensitivity of religious issues has elongated the tolerance of this = Â&#x192; = to check the menace for the good of our society while commercial drivers, most of whom are illiterates, should be orientated, and made to understand the need to be orderly among others. Vivian Boco, Lagos
Forgotten Igbo communities in Benue Continued from last week By Okechukwu Okonjo â&#x20AC;&#x153;We are lacking so many things, including a health centre, political ward, good roads, pipe borne water and electricity. There is no salary earner in our place to the extent that the mosquito treated insecticide nets given freely by the Federal Government was sold to us at the rate of N6,000 each, some even paid without claiming it till date,â&#x20AC;? Nweke said. â&#x20AC;&#x153;All our roads are narrow; we do not have any Â&#x192; we visited the local government chairmen and complained about the issue of selling mosquito nets to us, they said that the era of mosquito nets had Â&#x192; % Â&#x201E; and the question whether we are still a part of this country. Imagine as we are in this dry season, we hardly see water to drink, wash or cook, talk less of taking a bath,â&#x20AC;? he said. Another member of the community, Chief John Nwali also narrated the ordeal of the people saying that â&#x20AC;&#x153;Sometimes we do lament whether we are = God. Some of them that claim to be natives of the @ = government only when the Biafra nation which we fought for becomes a reality. â&#x20AC;&#x153;At times we nurse the idea of joining another country. In fact, if we are close to another country, we could have declared our intention to become Â&#x201E; Â&#x2026; and neglect as if we do not exist. Yet, we have somebody like the Senate President, living in Abuja with our mandate. Even in the last 2011 general elections, I was the PDP Campaign Coordinator for Benue Igbo branch, but since that time, we are still in the same condition. We have been regarded as slaves in our own country. Even the only primary school that was built by the missionaries before Independence is no more Â&#x192; in a sorry state. The only secondary school we have as of now is one at Saint Charles Catholic Church ; & Â&#x201E; = certain reverend father.
â&#x20AC;&#x153;We do not have anybody in the Benue State cabinet at all levels. We are confused as to what to do and where to go because we do not know when $ no more being given to us any longer as Nigerian Â&#x201E; Chief Nwali also said that during rainy season, their people get drowned, and disclosed that none @ = Â&#x2026; } = almost all their farm lands and every other thing they had laboured for. â&#x20AC;&#x153;The political oppression which we have been subjected to is very serious. Even one of the biggest " X = Â&#x2020;Â&#x2021;
trying to cross the river for their normal daily ! = governor, Gabriel Suswan and Senator David Mark, to table our problems before them, but all to no avail,â&#x20AC;? he said. An octogenarian, Pa Nwankwo Alo, said: â&#x20AC;&#x153;Our children have not been immunised over the years. Our women do not even know what hospital is when they are pregnant because there are no = Â Â&#x2020; units. We have even called for more polling units because we are more than the present one, but the government has refused. There is nobody to speak for us.â&#x20AC;? Okonjo is a public commentator on socio-political
Concluded
10
Saturday Newswatch, October 25, 2014
Opinion
Edo, nationâ&#x20AC;&#x2122;s troubled heartbeat By Ernest Omoarelojie
F
or months, Edo State, the nationâ&#x20AC;&#x2122;s heartbeat, has been on the focus of political watchers for the wrong reasons. Arising from the disturbing refusal of some members of the stateâ&#x20AC;&#x2122;s House of Assembly to obey a valid court order given in the wake of their suspension by its majority for
feud, which pitched the ruling All Progressive Congress (APC), against the opposition Peoples Democratic Party (PDP), engulfed the state. Since then, a very dark shadow of insecurity has threatened to swallow both the guilty actors and innocent citizens. The state is in troubled waters as unscrupulous politicians held it by the jugular. Thus far, three unfortunate incidents combined to underscore more impending dangers. They include the riotous incident at the Benin City Airport when President Goodluck Jonathan visited the state on the invitation of the state government to turn the sod for the construction of the Azura-Edo Independent Power Project; the Rasak Momoh blood spat and bombing of a clinic owned by the wife of a major player in the war. What appears obvious is that the new circle of violence is not accidental. It is a part of a grand design to keep the point, just to create the impression that the state government is losing grip or that the state is becoming ungovernable. The plan took so long in manifesting because the right trigger has been missing. It appears to be in place now. Indeed, the debacle that played out at the airport was meant to be one
Â&#x2026; as neither the state government nor members of the ruling APC made any X @ = ' incident followed as was expected. But even as the airport plan failed, more plans were in place. The incident, in which Rasak Momoh became a willing pawn, was just the B part of the series. There are issues we must not shy away from when considering how Momoh, for instance, became the face
of the latest hiatus. To successfully set = need for combustible ingredients. In this case, they needed the most combustible. Like gloves on hands, his reputation marked him out as the most suitable. For instance, the explanation of how he something that will turn any evil genius green with envy. He was said to have met the gates of the legislative quarters under lock and key. Rather than contact the police, assuming that he had noble intentions for being there, he simply opted for self help by vaunting over the perimeter fence. The act, an odious reminder of his reputation, left no one in doubt that he is never a good advertisement for honour or decorous > = troubling twist of events in the state is Â&#x2030; % against the saying that the dubious inclination of a manâ&#x20AC;&#x2122;s character is no longer in doubt the moment he lends himself to act against sane expectations, particularly in a situation where there are other more glorifying options. For instance, along with his other suspended colleagues, Momoh was
asked to move out of the legislative quarters. Others left, but he refused, insisting that he was willing to confront anyone that dared to raise a voice. Fighting the eviction order legally was not his kind of business. The question to be answer here is, why is he always playing the goon or devilâ&#x20AC;&#x2122;s advocate? The answer to the ] the aftermath of the crisis, acting the devilâ&#x20AC;&#x2122;s advocate. Leaders of the state PDP are largely frustrated given that they have been humbled in every legitimate contest between them and the ruling APC. The frustration is such that they resolved to do something, at # saving breather. The most appealing way to achieve the goal was to fuel the combustible political atmosphere in the misplaced hope that the governor ' Thus, rather than impress the need to obey valid court order on their suspended colleagues at the state house of assembly, they decided to fan the embers of discord. In rehearsed sequence, the assembly imbroglio was Â&#x2030; % Â&#x2039;
character with the right pedigree would % [ the bill; his conduct at the Assembly quarters, where he was beaten black of. â&#x20AC;&#x153;Troubledâ&#x20AC;? is about the best word to $ Z the nationâ&#x20AC;&#x2122;s heartbeat since enemies of the people of the state began to execute their plans to make the state ungovernable, evident in the airport incident, the Momoh debacle, the @ and the bomb that exploded a week later. Â&#x192; ' = because we are told that in the early hours of Saturday, September 18, 2014, tens of brigands transported in several buses, chanting PDP slogans, invaded the quarters, with guns blazing in all directions. For a successful execution of @ conveniently withdrew its personnel at the quarters a few hours before they struck. Nigerians must be told that there are more plans to create further chaos because they want the state to be a conquered territory. For instance, around 10pm on Saturday, September 19, 2014, some individuals allegedly hurled an Improvised Explosive Device at a clinic run by the wife of Izeh Iyamah, one of the principal characters $ = @ came through, those who designed the @ at the state government. As usual, they = peopleâ&#x20AC;&#x2122;s focus away from them. Rather than submit to their antics, all peace loving people of the state must begin to realise that what is happening = group to vent their spleen on the state governor for serially humiliating them in all legitimate contests. We must not be intimidated. The real concern should be the disturbing reality in which, rather than protect and defend the law, the Police seem to be covering those who are raping, breaking and = Â&#x192; > learn to be a non partisan arbiter. Until that happens, a troubled heartbeat will create a worrisome ache for everyone the heart serves.
How Nigeria can achieve 100, 000 megawatts in 2020 By Abdulbaqi Aliyu Jari, Katsina
E
lectricity still remains a great problem, a challenge, perhaps, and the greatest economic greatness. With over 170 million people, over 10 million homes, about 100, 000 large scale industries, the 4500 = is totally inadequate for optimal development in consideration to other developing countries like South Africa that produces over 40, Â&#x2021;Â&#x2021;Â&#x2021; Â&#x2039; ` Â&#x2021; Â&#x2021;Â&#x2021;Â&#x2021; Nigeria has the potential to
Â&#x152;Â&#x2021;Â&#x2021; Â&#x2021;Â&#x2021;Â&#x2021; before 2020 if a state of emergency will be declared in the sector; all the generating power in Nigeria could be harnessed, and if corruption in the sector will be eradicated. Among Nigeriaâ&#x20AC;&#x2122;s endowed
natural resources that can be harnessed to maximum potential include; Hydro power - available in Kainji, Niger State, Kashimbila in Taraba state, and River Benue in Benue State. This, according to experts, if put to maximum use, can
Â&#x152;Â&#x2021; Â&#x2021;Â&#x2021;Â&#x2021; Another natural resource is coal. The large amount of coal deposits in Kogi, Nasarawa and some part of Abia states, if put into use with all technical support, can produce over Â&#x2021;Â&#x2021;Â&#x2021; = Â years. Also, there is the most available, reliable, friendly and fast developing source of energy; the solar energy. Since we are within the equator where the sun rise and fall obliquely, solar power, if harnessed in the Northern region, = ! states of Katsina, Zamfara, Sokoto and Jigawa, over 20 thousand mega =
forever - with yearly improvements as technology improves. There is abundant wind; the hilly states of Plateau, Kaduna, $ = = Â&#x192; produce a lot of power for our use. The bio gas is under developed in Nigeria. States with large population like Lagos, Oyo and Kano can use it for rural Â&#x192; = time being. The nuclear energy, if well developed in Nigeria, will surely solve power problem. Nuclear amount in Gombe, some parts of Bauchi, Yobe and Taraba states that could be of great use. Besides, our neighbour, the Niger Republic has = Â&#x2039; = Â&#x2039; us uranium and we will give them
energy; fair and wise. The gas energy if well harnessed can light the entire Niger Delta region. In fact, even some Igbo states may enjoy it as well. All that and many more can be possible before 2020 if the Federal Government declares state of emergency on the sector; make it its priority after security; ensure transparency and get rid of corruption in the sector, and get all the necessary requirements needed for that to happen including making a robust national law that will regulate power wastage and destruction. With that, Nigeria can even sell energy to neighbouring states like Niger, Togo or even the entire West African sub region as its total Â&#x2018;Â&#x2021; Â&#x2021;Â&#x2021;Â&#x2021; ! Â&#x152;Â&#x2021;Â&#x2021; Â&#x2021;Â&#x2021;Â&#x2021; will be the hub of power supply and generation in Africa, perhaps,
11
Saturday Newswatch, October 25, 2014
Business & Economy Hackers and new method of perpetrating ATM fraud
Despite efforts to stem the activities of hackers and fraudsters, the menace continue to increase as the crooks device new methods of carrying out their dubious affairs to counter the checks put in place by regulatory authorities. It has however, Kaspersky Laboratories gives criminals room to withdraw cash from ATMs. ABIODUN AWOGBEMI reports.
W
hile ICT experts have been doing their possible best to curtail the activities of ATM hackers, they, in turn have continued to device new means of It was gathered that Kaspersky X 7 = discovered a new hacking system which is enabled by entering a series of digits on the keypad of Automated Teller Machines *;Â&#x192;[ 8 Kaspersky Laboratories, a developer of secure content and threat management systems and the worldâ&#x20AC;&#x2122;s largest privately held vendor of software security products, is co-founded by Eugene Kaspersky and \ @= Â&#x152;Â&#x2019;Â&#x2019;Â&#x20AC; ; =" prior to obtaining the cash, targeted machines are infected with malicious < @ * <8
However, before this could be done, hackers need physical access to the @ & known as Tyupkin has been installed, the â&#x20AC;&#x153;muleâ&#x20AC;? sent to collect the cash must enter a " @ = But Tyupkin then requires a second unique code, randomly generated by an algorithm at a remote location to unlock the It is this part of the process that ensures the hacker who has this algorithm retains control of when and how often these illegal Kaspersky Laboratories with headquarters [ 7 Â Â&#x2021; ' said the infected cash machines can be instructed to dispense 40 notes at once, Investigation showed that this does not
NSEI floats seminar to mentor entrepreneurs >>Pg. 13
simply instructs the machine to dispense @ @ _Â&#x192; fact that many ATMs run on operating systems with known security weaknesses and the absence of security solutions is another problem that needs to be addressed = \ @= Reacting to the new hacking system, an IT specialists, who works with a bank on Lagos Island, said all hands are on deck to protect customers as well as bank funds @ He said that the new system has not been noticed in Nigeria, but noted that there are many devices as well as methods discovered in Nigeria used by hackers in a bid to penetrate customers and banks funds but â&#x20AC;&#x153;trust us, we are Nigerian too, we are up to the task, the most common is when customers are careless and allowed others access to their cardsâ&#x20AC;? He said anybody that used another personâ&#x20AC;&#x2122;s card to withdraw from the ATM â&#x20AC;&#x153;Every ATM has image capturing devices that capture the image of anybody that withdraw from the machine, as at today, it ' @ to ATM withdrawal without an insider; an ATM fraud or hacking in Nigeria today can be traced to an insiderâ&#x20AC;? Another issue confronting customers at the ATM is debiting a customer without the machine dispensing cash, and it takes = The expert explained that this anomaly
being looked into, but added that â&#x20AC;&#x153;we need to understand that we are dealing with machines which can show some defects, sometimes there are technical hitches and @ } Earlier this year another malware strain, known as Ploutus, which allows hackers to command machines to dispense cash by sending a text message to them was also Also in 2010, hacker Barnaby Jack discovered a technique he dubbed _V @ = His demonstration on stage at a security conference in Black Hat provoked a [ V @ suspected accidental drugs overdose in 2013, just days before he was due to give a presentation on the weaknesses in medical An IT expert with Interswitch who also prefers anonymity told Saturday Newswatch that with the present security on the ATM cards, it may not be possible for hackers to withdraw money without the ;Â&#x192;[ _; ;Â&#x192;[ have a high degree of security code which ' = @ Unlike what we have initially when there were lots of complaints of withdrawal without the consent of the owner, now it is ' than the face value, has a high tech security Continued on Page 12
Agriculture grow Madagascar economy >>Pg. 61
12
Saturday Newswatch, October 25, 2014
Business & Economy
Hackers and new method of perpetrating ATM fraud Continued from Page 11
that cannot be easily hackedâ&#x20AC;? â&#x20AC;&#x153;Organisations that install and manage the banksâ&#x20AC;&#x2122; ATM machines are conscious of the who has knowledge of the operation can @ = made on regular basis on the operations and managing the machine in a particular bank code so that there will be no easy access. & = = \ @= X = = % has access to the machine and the skimming without ATM card. ; % = = [ @ ; = by computer and data hackers. He said it is = ;Â&#x192;[ = @ communicate to their customers. ; = @ = @ Â&#x2030; @ = = measures. _Â&#x201C; @ # Z[Z % to use in addition to passwords for logging Z @ % He said researchers at software security @ [ ; Â&#x201D; users of Googleâ&#x20AC;&#x2122;s Android phones by ' @ @ replacements. Victims think theyâ&#x20AC;&#x2122;re logging in to their = Z[Z back to the criminals. `Â&#x192; = [ < &@ @ Â&#x201E;= in Nigeria about the upward swing of ATM/ electronic fraud. ; Â&#x2020; Â&#x2020;Â&#x2021;Â&#x152;Â&#x2022; ` that most Automatic Teller Machines are powered by Microsoftâ&#x20AC;&#x2122;s Windows XP & Z= @ [ = ! Â&#x2014;> & Z= Â&#x2026; @ for instance Police in Argentina arrested a Â&#x152;Â&#x2019;#= # gang of hackers who targeted international money transfer and gambling websites. ; > @ Â&#x2DC; Â&#x2021; Â&#x2021;Â&#x2021;Â&#x2021; *Â&#x2122;Â Â&#x152; Â&#x2021;Â&#x2021;8 @ from his bedroom in Buenos Aires. The Police said the arrest operation team shut down the power to the entire @ = % Â&#x201C; ; The arrest operation team found high capacity computers in the teenagerâ&#x20AC;&#x2122;s room. Â&#x192; @ = @ @ Â&#x201E; = = = trace behind. ATM fraudsters in Nigeria do not rest in their desperation to reap where they did not sow as a man was arrested recently switching other peopleâ&#x20AC;&#x2122;s card.
; = 7 Z = = [ & = Â&#x201E; + Â&#x161; = ; [ @ Â&#x201C; Z Â&#x2018;Â&#x2021; ;Â&#x192;[ Â&#x192; ;Â&#x192;[ withdrawing large sums of money from their accounts. ! Â&#x201E; ; Â&#x2030; succeeded in swapping the ATM cards = = from their accounts with which he spends = _Z = ! ` ` monitor people making withdrawals in ATM and I go close to them and pretend to help and when I notice the persons pin number I immediately memorise it and = ` ;Â&#x192;[ later use it to make withdrawals from his accountâ&#x20AC;?. He said he had used the method to peopleâ&#x20AC;&#x2122;s account and does not think of returning to the school he graduated from Â&#x2020;Â&#x2021;Â&#x152;Â _` @ = = ` make enough cash from my business to take care of my needsâ&#x20AC;?. ! Â&#x201E; Â&#x203A; @= Â&#x201C; Z nefarious business by a friend from Ondo Z ; Â&#x2030; = doing â&#x20AC;&#x153;the business together and after some = each other for the past three months.â&#x20AC;? The young man was arrested in Calabar while trying to swap his card with someone elseâ&#x20AC;&#x2122;s in the premises of one of the new
@ 7 Â&#x2020; Â&#x153; Â&#x2021;Â&#x2021;Â&#x2021; [ Â&#x192; = Â&#x201C; 7 Z > = be careful who to ask for assistance while making withdrawals through ATMs. Â?Â&#x192; = @ @ them or should come with trusted people Â&#x192; @ @
campaign alerting its customers on regular = On regular basis the banks through its electronic system alerts its customers with messages of not disclosing their ATM pin numbers or respond to any mails requesting
Banks have started to send one-time codes via SMS text messages to customers to use in addition to passwords for logging in to their accounts. So hackers have devised insidious software to steal the text codes in real time
4= 8 & 8 0 " @
their account numbers or ATM pin numbers as the bank would not made such request. But some gullible customers do not read = message as follows; < Â&#x17E; = + & banking solution \ = = = Â&#x; suspension. Kindly follow the below instruction Â&#x152; ] ^Â&#x;Â&#x; Â&#x152; @ # online.com/corp/ . Â&#x2020; $ Â&#x17E; Â&#x161;Z$7`< Â >;ZZ!&7< Â Â&#x192;&\$ &<$ Â It is mandatory to enter the code
= = +Â&#x201C; @ Â&#x2022; X = > ; = secret questions 5. If you found this message in your spam @ = = % = @ upgrade link Kindly note that you are required to in put your token code for successful updates to our new site Â&#x17E; Z= Â&#x201E; = @ @ = @ = @ it impossible to carry out transactions online. Thank you for banking with us. Â&#x192; = fraudsters to unsuspecting bank customers. But almost all the banks alert their ^ Z = ; ^ $ @ = >` ` Â&#x201C; @ either on phone or online. Please do not respond to any such requests. ; @ ' @ not in any way liable in the case of loss or fraud or hacking on customersâ&#x20AC;&#x2122; account as according to the agreement form signed by the customer in applying for the debit/credit card. Â&#x192; @ ' ;Â&#x192;[ users are not under any guarantee or compensation for any loss in the cause of using the ATM card by third parties ` @ ' fraudster to defraud bank customers since @ = @ ' that has the record of where ATM pins are recorded.
Domestic Flight Schedules Arik Air LOS - ABV: *[ #+ Â&#x;Z Â&#x;Z 8 Â&#x2021;Â&#x20AC; Â&#x152; Â&#x2021;Â&#x2019; Â&#x152; Â&#x152;Â&#x2021; Â&#x2020;Â&#x2021; Â&#x152; Â&#x2021; Â&#x152; Â&#x2020;Â&#x2021; Â&#x152;Â&#x2018; Â&#x2020;Â&#x2021; Â&#x152;Â&#x2018; Â&#x2021; Â&#x152;Â&#x153; Â&#x2022; ABV- LOS: *[ #+ Â&#x;Z Â&#x;Z 8^ Â&#x2021;Â&#x20AC; Â&#x152; Â&#x2021;Â&#x2019; Â&#x2022;Â&#x2021; Â&#x152;Â&#x2021; Â&#x2020;Â&#x2021; Â&#x152;Â&#x2020; Â&#x152; Â&#x152; Â&#x152; Â&#x152;Â&#x2018; Â&#x152; Â&#x152;Â&#x20AC;^Â&#x152;Â&#x2021; *Z 8 Â&#x152;Â&#x2020; Â&#x152; Â&#x152; Â&#x152; Â&#x152;Â&#x2018; Â&#x152; LOS-PH: *[ #+ 8 Â&#x2021;Â&#x20AC; Â&#x152; *Z 8 Â&#x2021;Â&#x20AC;  Â&#x2021; Â&#x152;Â&#x152; Â&#x2022;Â&#x2021; Â&#x152; ^ Â&#x2021; *Z 8 Â&#x152;Â&#x152; Â&#x2021;  Â&#x2021; Â&#x152;Â&#x20AC;^Â&#x2021; ABV-PH: Â&#x2021;Â&#x20AC; Â&#x152; Â&#x152;Â&#x152; Â&#x2020;Â&#x2021; Â&#x152;  Â&#x2021; *[ #+ 8 Â&#x2021;Â&#x20AC; Â&#x152; Â&#x152;Â&#x2018; Â&#x2021;Â&#x2021; *Z 8 Â&#x152; Â&#x152;Â&#x2021; Â&#x152;Â&#x2018; Â&#x2021;Â&#x2021; *Z 8 PH-ABV: Â&#x2021;Â&#x153; Â&#x2022; Â&#x152;Â&#x2020; Â&#x2021; Â&#x152;Â&#x20AC; Â&#x2021;Â&#x2021; *[ #+ 8 Â&#x2021;Â&#x153; Â&#x2022; Â&#x152;Â&#x20AC;  Â&#x2021; *Z 8 Â&#x152;Â&#x2022; Â&#x2022;Â&#x2021; Â&#x152;Â&#x20AC;  Â&#x2021; *Z 8 ABV-BENIN: *[ #+ Â&#x;Z 8 Â&#x2021;Â&#x153; Â&#x2021;Â&#x2021; Â&#x152;Â&#x2020; Â&#x152;Â&#x2021; *Z 8 Â&#x2021;Â&#x153; Â&#x2018; Â&#x152;Â&#x2020; Â&#x152;Â&#x2021; Aero LOS-ABV: *[ #+ Â&#x;Z Â&#x;Z 8 Â&#x2021;Â&#x2018; Â&#x2021; Â&#x152;  Â&#x2021; Â&#x152;Â&#x2018;  Â&#x2021; Â&#x152;Â&#x2019; Â&#x2022; ABVLOS: Â&#x2021;Â&#x20AC;  Â&#x2021;Â&#x2039; Â&#x152; Â&#x2021;Â&#x2021;Â&#x2039; Â&#x152;Â&#x2019; Â&#x2021;Â&#x2021; LOS- ABV *Z 8 Â&#x152;Â&#x2020;  Â&#x2021; Â&#x152;Â&#x2018; Â&#x2022; * 8 ;Â&#x201C;Â&#x203A;ÂĄX&Z Â&#x152;Â&#x2021;  Â&#x2021; Â&#x152;Â&#x2022;  Â&#x2021; Â&#x152;Â&#x2019;  Â&#x2021; Â&#x152;Â&#x153;  Â&#x2021; Z 8 LOS-BENIN: *[ #+ Â&#x;Z Â&#x;Z 8 Â&#x2021;Â&#x20AC; Â&#x2022; Â&#x152;Â&#x152; Â&#x2021;Â&#x2021; Â&#x152;  Â&#x2021; Â&#x152;Â&#x2020;  Â&#x2021; *Z Â&#x152;  Â&#x2021; *Z 8 BENIN-LOS: *[ #+ Â&#x;Z Â&#x;Z 8 Â&#x2021;Â&#x2019; Â&#x152; Â&#x152;Â&#x2020;  Â&#x2021; Â&#x152;Â&#x20AC; Â&#x2021;Â&#x2021; IRS LOS- AB: *[ #Â&#x192; 8 Â&#x2021;Â&#x20AC;  Â&#x2021; Â&#x153;  Â&#x2021; Â&#x20AC; Â&#x2022; Â&#x153; Â&#x2022; Â&#x2021;Â&#x2019;  Â&#x2021; Â&#x152;Â&#x2021;  Â&#x2021; Â&#x152;Â&#x152;  Â&#x2021; Â&#x152;Â&#x2020;  Â&#x2021; Â&#x152;  Â&#x2021; Â&#x152;Â&#x2022;  Â&#x2021; Â&#x152;  Â&#x2021; Â&#x152;Â&#x2018;  Â&#x2021; Â&#x152;Â&#x20AC;  Â&#x2021; LOS-KANO: Â&#x2021;Â&#x153; Â&#x2021;Â&#x2021; Â&#x2021;Â&#x2019; Â&#x152; Â&#x152;Â&#x2021;  Â&#x2021; Â&#x152;Â&#x152; Â&#x2022; Â&#x152;Â&#x2022;  Â&#x2021;Â&#x152; Â&#x2022;Â&#x2021; Â&#x152;Â&#x153; Â&#x152; Â&#x152;Â&#x2019;  Â&#x2021; LOS-MAID&YOLA: Â&#x2021;Â&#x2019;  Â&#x2021; Â&#x152;Â&#x152;  Â&#x2021; +7`#ZÂ&#x161; Â&#x152;Â&#x2021;  Â&#x2021; Â&#x152;Â&#x2020;  Â&#x2021; KANO-LAGOS Â&#x2021;Â&#x20AC;  Â&#x2021; Â&#x2021; Â&#x2022; Â&#x152;Â&#x2022; Â&#x2021;Â&#x2021; Â&#x152; Â&#x152; Â&#x152;Â&#x20AC;  Â&#x2021; Â&#x152;Â&#x153; Â&#x2022; KANO- ABV Â&#x152;Â&#x2021; Â&#x2022; Â&#x152;Â&#x152;  Â&#x2021; ABV â&#x20AC;&#x201C;LAGOS Â&#x2021;Â&#x2019; Â&#x2021;Â&#x2021; Â&#x152;Â&#x2021;  Â&#x2021; Â&#x152;Â&#x152; Â&#x2021;Â&#x2021; Â&#x152;Â&#x2020; Â&#x2021;Â&#x2021; Â&#x152; Â&#x2021;Â&#x2021; MedView LOS â&#x20AC;&#x201C;ABV *[ #+ 8 Â&#x2021;Â&#x20AC; Â&#x2021;Â&#x2021; Â&#x2021;Â&#x153; Â&#x152; Â&#x2021;Â&#x153; Â&#x2021; Â&#x152;Â&#x2020; Â&#x2021;Â&#x2021; Â&#x152;Â&#x2022; Â&#x2021;Â&#x2021; ABV â&#x20AC;&#x201C;LOS: *[ ¢+ 8 Â&#x2021;Â&#x2019; Â&#x2021;Â&#x2021; Â&#x152;Â&#x2021; Â&#x152; Â&#x152; Â&#x2021;Â&#x2021; Â&#x152;Â&#x2018; Â&#x152; Â&#x152;Â&#x153;  Â&#x2021; Â&#x152;Â&#x2019; Â&#x2022;Â&#x2039; ABV â&#x20AC;&#x201C;YOLA: Â&#x152; Â&#x2021;Â&#x2021; Â&#x152;Â&#x2022; Â&#x152;Â&#x2021; LOS â&#x20AC;&#x201C;PH Â&#x152;Â&#x20AC; Â&#x2021;Â&#x2021; Â&#x152;Â&#x153; Â&#x2021;Â&#x2021;Â&#x2039; PH-LOS Â&#x152;Â&#x2019; Â&#x2021;Â&#x2021; Â&#x2020;Â&#x152; Â&#x2021;Â&#x2021; Sats: X&Z ¢;Â&#x201C;Â&#x203A; Â&#x2021;Â&#x153; Â&#x2021;Â&#x2021; Â&#x2021;Â&#x153; Â&#x2021; Â&#x2021;Â&#x2019; Â&#x152; ABV-LOS Â&#x152;Â&#x2021; Â&#x2021;Â&#x2021; Â&#x152;Â&#x152; Â&#x152; LOS â&#x20AC;&#x201C;ABV Â&#x2021;Â&#x153; Â&#x2021; ABVYOLÂ&#x152;Â&#x152; Â&#x2021;Â&#x2021; Â&#x152;Â&#x2020; Â&#x152;Â&#x2021; YOL-ABV Â&#x152; Â&#x2021;Â&#x2021; Â&#x152;Â&#x2022; Â&#x152;Â&#x2021; ABV-LOS Â&#x152; Â&#x2021;Â&#x2021; Â&#x152;Â&#x2018;Â&#x152; ^ LOS-PH Â&#x152;Â&#x2020;  Â&#x2021; Â&#x152; Â&#x2022;Â&#x2021; PHLOS Â&#x152;Â&#x2022;Â&#x2020;Â&#x2021; Â&#x152;  Â&#x2021; SUNS: LOS-ABV Â&#x152;Â&#x2020; Â&#x2021;Â&#x2021; Â&#x152; Â&#x152; Â&#x152;Â&#x2018;  Â&#x2021; Â&#x152;Â&#x20AC; Â&#x2022; ABV-YOL Â&#x152; Â&#x152; Â&#x2021; YOL-ABV Â&#x152; Â&#x2021; Â&#x152;Â&#x20AC; Â&#x2021;Â&#x2021; ABV-LOS Â&#x152;Â&#x20AC;  Â&#x2021; Â&#x152;Â&#x153; Â&#x2022; Â&#x152;Â&#x2019;Â&#x2022; LOS-PH Â&#x152;Â&#x152;  Â&#x2021; Â&#x152;Â&#x2020; Â&#x2022;Â&#x2021; PH â&#x20AC;&#x201C;LOS Â&#x152;  Â&#x2021; Â&#x152;Â&#x2022; Â&#x2022;Â&#x2021;
13
Saturday Newswatch, October 25, 2014
Business & Economy
NSEI floats seminar to mentor entrepreneurs In a bid to support young local entrepreneurs, the African Centre for Business Development Strategy and Innovation has concluded plans to stage a national summit on entrepreneurship and innovation where locally successful entrepreneurs would take the stage to share their success stories. JOHNMARK UKOKO reports.
W
hile countries like Japan, Germany, China, India, Lebanon and some other countries are endowed with so many successful entrepreneurs, Nigeria still grapple with only a few. While many local businessmen/ women complain of harsh business environment, some local and many foreign entrepreneurs operating in the country are growing their businesses, despite the challenges. To share their stories on how they became successful entrepreneurs despite the obstacles they grapple with, African Centre for Business Development Strategy and Innovation has concluded plans to bring well known successful entrepreneurs, such as the president of Dangote Group Aliko Dangote, the founder of GT Bank Fola Adeola, the founder of United Bank for Africa, (UBA) Mr. Tony Elumelu and many other local and international National summit on entrepreneurship and innovation 2014, which will take place on November, 20th and 21st at the prestigious Sheraton Hotels and Towers, Ikeja. Addressing the press about the event, the chairman African Center for Development, Maxi Sam Ohuabunwa, disclosed that the National Summit on Entrepreneurship and Innovation (NSEI), is an integrated programme, specially designed to bring together policy makers, industry leaders, business promoters, business } entrepreneurs, and budding/aspiring entrepreneurs in Nigeria and the West African sub-region to network and share ideas. He added that the summit will # opportunities to question paradigms, challenge status quo and generate creative solutions to contemporary issues revolving round the use or entrepreneurship and innovation to stimulate economic renaissance. He promised that the summit will growth and success of Small and Medium Enterprises (SMEs), adding that NSEI 2014 has been packaged to help bridge the gap between the policy makers and innovators on the one part, and between entrepreneurial aspirations and market opportunities on the other hand. He said the event will go a long way in
lead to increased entrepreneurial drive among women and young people, and create a forum for networking and building of strategic alliance which will help strengthen businesses and increase their chances at successes. Speaking also about the aims of the summit, Mr. Charles A. Aladewolu, who is the co-chair of NSEI and is also Â&#x; $% &' of Teco Limited, a project engineering
Z$` Â&#x2020;Â&#x2021;Â&#x152;Â&#x2022; renown businessmen/entrepreneurs such as Raheed Olaoluwa, MD of Bank of Industry; Tony Elumelu, chairman of Heirs Holdings; Dr. Akinwunmi Adeshina, Minister of Agriculture and Mike Adenuga, chairman of Globalcom to speak at the forum. Others, according to him, are Mr. Olusegun Awolowo, Chief Executive &' $% > * $> 8Â&#x2039; [ Z &@ $ Â&#x201E; >X Â&#x2039; V Momoh, chairman of Channels Television; Chief Emeka Wogu, former Minister of Labour, Mr. Jim Ovia, ÂŁ Â&#x201C; @ > Â&#x2039; 7 Orya, managing director of NEXIM Bank; Senator Esther Nenadi Usman, Z $@ ÂŁ % > Julius Okojie, Executive Secretary, Nigeria University Commission. Aladewolu further disclosed that the summit will provide an opportunity for policy makers to explain policies and what government has done or is doing. He stressed that upcoming entrepreneurs will avail themselves of the opportunities to ask policy makers and successful entrepreneurs questions on how they were able to overcome the various challenges to succeed. He opined that successful entrepreneurs such as Alhaji Aliko Dangote, Dr. A. Rabiu of BUA Group, Dr. Oba Otudeko of Honeywell Group and some other known names will entrepreneurs. The Teco Limited boss agreed with Maxi Sam Ohuabunwa that the issue of policy summersault by government has become a thing of the past, adding that in the past few years, government has listened to the voice of local businessmen/women in its policy formulation, adding funding challenges are also being addressed by the government and its establishments. According to him, â&#x20AC;&#x153;the past three to four years have witnessed policy consistence. We have had no policy summersault in the past few years. It is true that we have not reached the = have improved massively. The Central Bank of Nigeria, Bank of Industry and NEXIM are looking at how to fund genuine business in the country.â&#x20AC;? Speaking about the necessity of the summit and what it will achieve, Ohuabunwa disclosed that global development is entering a phase where entrepreneurship will increasingly play a more important role, adding that an analysis of sources of economic growth = ! Â&#x201C; @ Â&#x2020;Â&#x2021;Â&#x152;Â
developed and developing economics are innovation performances. He stressed that while entrepreneurship and innovation are very critical for economic growth, they have also become increasingly important for addressing major development challenges, such as
Sam Ohuabunwa
The past three to four years have witnessed policy consistency. We have had no policy summersault in the past few years. It is true that we have not reached the level we things have improved massively. The Central Bank of Nigeria, Bank of Industry and NEXIM are looking at how to fund genuine business in the country the ones related to inclusion and sustainability. Â&#x192; > Z$` the World Bank statistics shows that as at 2012, Nigeria had a new business density which was a measure of the growth of entrepreneurship of 0.91, adding that though this represents an appreciable growth from its rating in 2004 when it had new business density of 0.32. He stressed that the = = developing economies as Uganda 1.17, Tunisia 1.52, Malaysia 2.28, South Africa 6.54 and Singapore 8.04. He opined that there is an urgent need to conscientiously transform the structure of Nigeriaâ&#x20AC;&#x2122;s economy by propelling positive industrial trends through growth in the small and medium scale industrial group, and eventually in the large scale manufacturing sector.
Ohuabunwa noted that the countryâ&#x20AC;&#x2122;s economy can only be transformed by factors such as strong consistent and carefully structured awareness creation and mobilisation/stimulation of entrepreneurial interests. He added that there is the need for capacity building, promotion of innovative entrepreneurship and ensuring that policies and incentives are communicated to and made accessible to the grassroots. He said that NSEI is out to create opportunities for entrepreneurs to access information that can promote @ Ohuabunwa stressed that the summit will create opportunities for networking among entrepreneurs, and thus stimulate the formation of strategic alliance, partnership and collaboration that will further strengthen organisations and increase their success potentials, adding that itwill provide opportunities for business mentorship and budding aspiring entrepreneurs to interact with and learn from their business success stories. He disclosed that the summit will feature a variety of sub-event, which will contribute to the overall objectives of the summit, among which are four keynotes addresses; four plenary, four panel discussions and live questions and answer sessions; one breakout session of three streams and entrepreneurship award and business networking dinner. Many respondents commended the forces behind NSEI 2014 for contributing to entrepreneurship in Nigeria, and appealed to them not to make the summit a mere talk shop that will not achieve the lofty ideals of the summit. They commended them for being able to bring into the country some international businessmen from Holland, adding that the promise by foreign businessmen to invest in the country showed that members of NSEI are credible private individuals, who deserve to be supported by all Nigerians. They further appealed to the
' % to grace the occasions to make promises =
14
Saturday Newswatch, October 25, 2014
Business News
2015 election: LCCI sues for smooth transition process Abiodun Awogbemi
T
he Lagos Chamber of Commerce and Industry (LCCI) has reiterated its call for the importance of peace in the transition process. The Chamber, in a communiquĂŠ by its Council signed by the Director General, Muda Yusuf, stated that without peace very = @ is the citizens that will bear the brunt. â&#x20AC;&#x153;The Chamberâ&#x20AC;&#x2122;s Council is disturbed by the recent disturbances and assault on the Judiciary in Ekiti State. This is clearly not a good omen. The LCCI therefore calls on the major organs of government especially the law enforcement agencies and the Independent National Electoral Commission peaceful democratic transition.â&#x20AC;? The Chamber, berated the Corporate ; * ; 8 frustrations witnessed by investors in the course of business incorporation. The Chamber during its Council meeting, deliberated on a range of business and economic issues, stating that rather than % service delivery promised few months ago, the quality of service at the CAC has deteriorated. In a communiquĂŠ issued by the Chamber Director General, stated that rather than take the 24 hours services promised, business
incorporation now take over one week in most cases. The communiquĂŠ said â&#x20AC;&#x153;a major component of the Ease of Doing Business Report of the World Bank is the ease of business registration. The performance on this score is not satisfactoryâ&#x20AC;?. The Chamber urged the management of ; = % to realise the dream of making the country a leading investment destination in Africa. It welcome the proposal by the federal government to partner with the Lagos State Government to ensure the speedy completion of the reconstruction work of the Lagosâ&#x20AC;&#x201C;Badagry Expressway. â&#x20AC;&#x153;This collaboration is long overdue. There is tremendous wisdom in allowing national development concerns to take precedence over partisan considerations at all times. The Lagos/Badagry road is very strategic, not just for the development of the country, but the facilitation of trade between Nigeria and other countries in the West African sub region. Over 70 percent of freight and human movements between Nigeria and countries in the sub region take place on this corridor. Its current deplorable state is thus taking a huge toll on economic activities in the country and the sub regionâ&#x20AC;?. The Chamber called on the Lagos and Federal Government to develop a partnership framework to accelerate the
completion of the reconstruction work on the road. â&#x20AC;&#x153;It is in the interest of the Nigerian economy, the ECOWAS economic integration aspirations and the welfare of millions of citizens resident on this corridor to do so.â&#x20AC;? The LCCI Council commended the Lagos State Government and the Federal ] containment strategies on the Ebola Virus Disease (EVD), which saved the country the risk of a major epidemic. It applauded the spirit of collaboration that prevailed between the Lagos state and federal government in this regard. â&#x20AC;&#x153;It was gratifying to note that the overriding objective of dealing with a major public health issue was placed far and above partisan considerations and hopes that this would be replicated in other spheres of governance activities.â&#x20AC;? It lauded the late Dr. (Mrs) Ameyo Adadevoh, and the medical team of First Consultant Hospital for their professionalism, $Â&#x203A;< through the restriction of the Liberian index case, Patrick Sawyer, despite pressures to the = _Â&#x192; level saved the nation what could have been a major public health tragedy. The entire country thus owes Dr. Adadevoh a great deal of millions of Nigerians.â&#x20AC;?
R-L: Managing Director, Bayswater Industries, Mr. Piyush Nair, Mr. Chef Seasoning distributor, Alhaji Muhammad Malali and Director, Bayswater Industries, Ahaji Lawal Idrisu at the launching of 10-in-1 pack of seasoning cubes held in Lagos recently.
MR.CHEF launches 10-in-1 pack of seasoning cubes
M
r. Chef, one of Nigeriaâ&#x20AC;&#x2122;s most preferred food seasonings, has launched a market changing 10-in-1 packs of seasoning cubes in response to customer demands. The introduction of the money-saving initiative was part of Mr. Chefâ&#x20AC;&#x2122;s two instant big win incentives announced to distributors and wholesalers at a launch event held in Abuja recently. The 10-in-1 pack of seasoning is the
@ = = seasoning producer in the country to answer customersâ&#x20AC;&#x2122; demand for convenience, = = = Managing Director of Bayswater Industries Limited, Mr. Piyush Nair, said the concept of 10-in-1 packs was developed from insights gained from customer interactions over time, especially in terms of hygiene, quantity and
pricing. According to him, Mr. Chefâ&#x20AC;&#x2122;s 10-in-1 pack of seasoning cubes combines hygiene, quality, quantity and convenience with right pricing to demonstrate that cooking could be both inexpensive and a great delight. â&#x20AC;&#x153;The cubes are sealed in tamper-proof packs hence customers are assured of hygienic packaging because the cubes are not touched by hands before they are sealed in the packs,â&#x20AC;? adding that, â&#x20AC;&#x153;The packaging ensure that the number of cubes is not subject to manipulation by re-sellers.â&#x20AC;? He said that unlike current whole packs in the market that may require customers to buy more than they need or packs of 20 cubes that may stretch customersâ&#x20AC;&#x2122; budget, Mr. Chefâ&#x20AC;&#x2122;s 10-in-1 pack which is sold at N20 per pack matches the right quantity with the right price.
â&#x20AC;&#x153;Mr. Chef 10-in-1 pack is an indispensable kitchen companion that gives value for money through a combination of quality, quantity and pricing, which is the reason we say that with the Mr. Chef 10-in-1 pack of seasoning cubes you can make â&#x20AC;&#x2DC;Beta Chopâ&#x20AC;&#x2122; at â&#x20AC;&#x2DC;Chikini Moneyâ&#x20AC;&#x2122;â&#x20AC;?Nair said. He explained that Abuja was chosen as the launch venue of Mr. Chefâ&#x20AC;&#x2122;s 10-in-1 pack so as to join in celebrating Nigeriaâ&#x20AC;&#x2122;s 54th Independence anniversary as well as demonstrate that Nigeriaâ&#x20AC;&#x2122;s unity must hold regardless of whatever challenges the country may face as a nation. Nair expressed appreciation of the continuing loyalty of Mr. Chefâ&#x20AC;&#x2122;s customers over the years and promised that the brand would remain an indispensable kitchen companion that would continually be in the forefront of spicing up cooking experiences.
Women urged to embrace opportunities in maritime sector Johnmark Ukoko
N
igeria women have been urged to take up lucrative opportunities in the shipping industry, as men are dominating the sector, due to the lucrative nature of the shipping industry. A stakeholder in the Maritime sector, Mrs. Jane Chiozor, a maritime lawyer, made the appeal at the 25th anniversary of Nigerian Women Journalists, forum which took place at Ikeja, Lagos while exchanging views with Nigerian women journalists (NAWOJ)in Lagos, said women has to seek carrier paths if they wish to be rich and powerful like their men counterparts. Chiozor disclosed that less than two per cent Nigerian women own their own ships as against the men, adding that less than 25 per cent Nigerian women work in the Shipping the sector. She appealed to the women to build carrier in maritime sector, disclosing that the sector is very lucrative as workers earn hard currencies, which make their take home pay to be very fat. ; = employees in the maritime sector earn, we do not have women Marine Engineer. Only about two per cent women own ships. There are many sectors in the maritime industry where ladies can also make their marks. She appealed to the women to grab the various opportunities which currently exist, listing some of the opportunities in the sector to include; a Ship Captain, a Sailor, Maritime insurance, terminal operator, Marine Engineer and a host of other areas, where the workers earn dollars, or its local equivalent. In her words, â&#x20AC;&#x153;It pains me a lot that only very few Nigerian women are operating in our maritime sector. The fact that the pays in the sector is very fat, has made men to monopolized the sector, our women has to work hard to join the sector. There are many areas where women can work and earn good pay in the maritime sector, which has been dominated by our men for ages. Women can be maritime lawyer like me. Women can be a Ship Captain. Women can be Maritime Arbitrator and can manned the maritime desk in the bank, insurance companies, port manager and a host of other lucrative posts in the maritime sector. She listed some few Nigerian women who have held sway in the men dominated industry [ Â&#x161;Â&#x2030; ` Â&#x2030; @ Nigerian woman to have three oil tankers, Mrs R. Alakija, who is one of the richest woman in the world, Dr. Mrs Eni Jaiyesimi, the owner of LADOL, who has concluded plans to build ship in Nigeria, Mrs Ufot Ekong Usoro, former DG of NIMASA also a maritime lawyer, as some women who have held sway among men. Chiozor added that initially, maritime professionals were trained in foreign institutions of learning, adding that the high cost it takes to get trained in such foreign institutions discourage many women and ladies from seeking carrier in maritime sector, adding that situations have changed as many Nigeria. He listed some of the institutions were Nigerians can be trained in maritime courses as Lagos state university (LASU), University of Lagos (UNILAG), Ladoke Akintola University of Technology (LAUTECH), National Open University Abuja (NOUN), University of Abuja (UNIABUJA), University of Nigeria, Nsukka (UNN) among others. According to her, LASU has maritime Department; UNILAG has Maritime Faculty, also NOUN among a host of other schools. â&#x20AC;&#x153;Your do not need to spend huge amount in abroad. I will encourage our young ladies to go for carrier in the maritime. The pay packet is very fat.â&#x20AC;?
15
Saturday Newswatch, October 25, 2014
Politics 2015: Ministers and their uncertain guber ambitions
Bala, Bauchi
Chukwu, Ebonyi
A
fter four years of their presence in his cabinet and by extension meritorious services to the country, President Goodluck Jonathan has given opportunity to his ministers nursing gubernatorial and related ambitions in their various states next year to resign their appointment so that they could concentrated on the pursuance of their future endeavours. Consequently, seven of such ministers complied and resigned their appointments, weighing their acceptability within the party and convinced of either electoral victory or further appointment that is bound to happen after election. According to media reports, those who threw in the towel on Wednesday include the Minister of Health, Prof. Onyebuchi Chukwu (Ebonyi State), Minister of State for Niger Delta, Dairus Ishak (Taraba State), Minister of Labour and Productivity, Emeka Wogu (Abia State); Minister of State for Education, Nyesom Wike (Rivers State), Minister of State for Defence, Musiliu Obanikoro (Lagos State), Minister of Information, Labaran Maku (Nasarawa State); and the Minister of Trade and Industry, Samuel Ortom (Benue State). Their resignation was blessed by the President who even prayed for their success at the polls. Saturday Newswatch reliably learnt that while Obanikoro has begun a subtle campaign in Lagos, Nwoguâ&#x20AC;&#x2122;s plans are being resisted in Abia by those who prefer rotation in the state. But the Federal Executive Council (FEC) has held a valedictory session for the seven ministers. ; = > Jonathan in the council chamber in the Presidential Villa, the seven ministers were listed as those expected to leave to pursue their political ambitions. The President, however, tactically pointed out that since they have not formally communicated their intention and resignation to the Secretary to the Government of the Federation (SGF), Senator Anyim Pius Anyim, they would still be regarded as council members. He also advised those who have not really perfected their plans about writing, endorsing = = = Z]+ treated. He said the valedictory session had only arisen on grounds that the ministers had indicated their interests informally, and that if really they are interested in the gubernatorial race, they must quit before Monday, adding _ = +$ sessions.â&#x20AC;? Speaking on behalf of the Federal Government, the Minister of Power, Chinedu = Â&#x2039; Maku, on behalf of the outgoing ministers,
Maku, Nasarawa showered encomium on the President for his steadfastness, focus and integrity, urging him not to be distracted by the opposition and people who compulsively speak ill of his administration. According to him, President Jonathan is the only one, since the time of former Head of State, Yakubu Gowon, that has entrenched stability in the council by not sacking or replacing council members regularly. It would be recalled that Maku last Sunday at a special thanksgiving mass at the Catholic < X Z > @" > ;@ Nasarawa State, laid to rest speculations on whether he would contest or not. He also announced a donation of N7.6 million from his family and his friends to the cathedral X the comfort of a ministerial position to join his people and go into the wilderness in Nasarawa State to stop the killings, miscarriage of justice, and liberate the people of the state. He described himself as an example of grass to grace citizen because of Godâ&#x20AC;&#x2122;s favour as he was born to peasants farmers who did not even record the date of his birth. â&#x20AC;&#x153;There may be giants out there, all over, but like Caleb, we trust God; we are able to conquer; we are able to subdue. So, all we need are prayers and thank God for what he has done for me. Being a governor will not really add anything to my name. I think I have made the entire name I could make in Nigeria. But = # = people,â&#x20AC;? he said. Commending Mr. Maku for coming out to thank God for what he has done for him since Â&#x152;Â&#x2019;Â&#x2019;Â&#x2019; ' V = = ^ â&#x20AC;&#x153;Thanksgiving remains the best thing you can give to God. Itâ&#x20AC;&#x2122;s an opportunity to think of the degrading situation our citizens are condemned to live in our land. â&#x20AC;&#x153;Everywhere you go poverty is steering into
Darius, Taraba the eyes, itâ&#x20AC;&#x2122;s our sincere prayers that God will raise true men of God who will work for the people. We continue to pray for peace so that the current situation will not consume us.â&#x20AC;? Another priest, Lawrence Ayabugu, urged Mr. Maku not to engage in politics of acrimony. Meanwhile, happenings and preparations of top Peoples Democratic Party (PDP) members for next yearâ&#x20AC;&#x2122;s elections may have thrown its # ; > *;> 8 @
= may have designed ways of causing displeasure in the PDP. For instance, Kano State governor who is also an APC presidential aspirant, Malam Rabiu Kwankwaso, last week disclosed that he and his party had been receiving signals of decampment from some PDP governors into the APC. This was spontaneously countered on Tuesday by the Benue State Governor, Gabriel Suswam, who pointed out that Kwankwaso made the statement because his party (APC) had realised that it had no capacity to face the PDP in the coming elections. According to Suswam, it was unfortunate that members of the APC had shown that they had _ they keep speculating that the PDP is going to join them. That shows clearly that the APC is not a party for Nigerians to go to. If I am sure of myself, I wonâ&#x20AC;&#x2122;t be calling for additional troops from the enemy camp to come.â&#x20AC;? He said, â&#x20AC;&#x153;We are going to defeat them roundly in all the elections. They are scared and so, they are trying to convince Nigerians the PDP is going to add to them. Nobody person from PDP, not even a councillor is going to join APC.â&#x20AC;? Also at the meeting, Ondo State Governor, Segun Mimiko, was optimistic that â&#x20AC;&#x153;going by the signs on ground, the APC would not retain Lagos State and other South West states it controls after the 2015 elections.â&#x20AC;? Â&#x2026; ><> @ # the South West. He cited Ekiti and Ondo states, which he said were now completely within the PDP fold, declaring that â&#x20AC;&#x153;Iâ&#x20AC;&#x2122;m thinking now that
Osun that is already won by the APC, I think it ' = = state in the South West.â&#x20AC;? For PDP to achieve its dream of leading in the 2015 polls in Taraba State, the party has been advised to create a level playing ground for all the aspirants. The Taraba State chapter of the Global ; ] *];]8 at the Mobile Link in Jalingo, the state capital, advised that imposing unpopular aspirants on the people would not in any form help the party. According to the coordinator of GAG, Aboki Stephen Bayonga, â&#x20AC;&#x153;a level playing ground is
all we are demanding from the PDP for all the aspirants. If we allow imposition of a candidate " @ Â&#x192; they should allow us to vote for the candidates of our choice in the forthcoming election because if we give leadership to a person who does not The group must have been moved into action by the recent adoption of Ishaku by General T.Y. Danjuma as the consensus governorship aspirant for the southern part of the state that has been clamouring for power shift. GAG rather suggested that all interested politicians from the area should be allowed to contest the partyâ&#x20AC;&#x2122;s primaries. GAG whose membership are drawn from the Â&#x152;Â&#x2018; ^ _; interested members should be allowed to follow the procedures and not by imposing candidates on us.â&#x20AC;? However, just as southern Taraba is dying for power shift in order to realise its dream of producing the next governor, a group has also condemned the candidature of Ishaku simply because no prominent citizen was consulted before his adoption. The Senate president of Youth and Eldersâ&#x20AC;&#x2122; Forum in Southern Taraba, Chief D.S. Nyapuri, felt sad that the opinions of the elders, youths and other relevant stakeholders in the zone were never sought by Danjuma, describing the action as unacceptable. According to him, â&#x20AC;&#x153;General Danjuma, as a military and business strategist, should not have dabbled into such a thing without consulting with the home front.â&#x20AC;? Nyapuri was quoted to have said that Danjuma could not just sweep under the carpet the name of the consensus governorship = youths and the Southern Taraba Senate as their choice from the zone under the PDP. # = aspirants, Nyapuri insisted that the zone â&#x20AC;&#x153;is not questioning the suitability or credibility of the minister to aspire to that position,â&#x20AC;? but that his choice was not based on the overall interest of the entire people of the zone, â&#x20AC;&#x153;but on the narrow interest of a few who conveniently ignored the political realities on ground. â&#x20AC;&#x153;They, out of some strange reasons best known to them, ignored an earlier resolution on a candidate for the zone made by the elders, youths and traditional leaders, who unanimously on the 12th of March, 2014, at a Senate meeting in Wukari, agreed to adopt < Z \ } # bearer.â&#x20AC;? According to him, â&#x20AC;&#x153;it is on this premise that we the Elders, Youths, Religious and Traditional Rulers of the Southern zone still maintain and insist that Chief Kente remains our consensus candidate, based on a zoning system where every interest group is represented through a formula that gives all a sense of belonging.â&#x20AC;? ` Â&#x201C; = ];] lent his voice to an issue of importance to the present and future of the state. Though Ishakuâ&#x20AC;&#x2122;s adoption received some knocks, it has also been blessed by some Tarabans. ; Z on Agriculture and Natural Resources, Emmanuel Bwacha, and Senator Joel Danlami Ikenya who described the situation as a wise step by â&#x20AC;&#x153;our respected elder statesman (Gen. Danjuma),â&#x20AC;? it had become vital for all the aggrieved aspirants to tread the path of Danjuma â&#x20AC;&#x153;by forming a formidable wall around Ishaku,â&#x20AC;? so that the people would succeed in producing the next governor from the zone for the state in 2015. â&#x20AC;&#x153;We are people who respect elders. So, I call Continued on Page 57
16
Saturday Newswatch, October 25, 2014
Politics
Adamawa 2015: Ngilari as PDP ace Owolabi Adenusi, Yola
T
he political intrigues playing in the Adamawa State chapter of the Peoples Democratic Party (PDP) towards the 2015 gubernatorial poll is taking a dangerous turn as event watchers are not certain where the pendulum will swing following the emergence of factions strategising to outwit one another. The party is rumoured to have become a divided house with three camps led by Prof. Jibril Aminu, Alhaji Bamanga Tukur and Hassan Tukur with each striving to push up a candidate for the coming governorship poll. While Bamanga Tukurâ&#x20AC;&#x2122;s alleged desire is to pave way for his son, Barrister Awwal to secure the party ticket for the 2015 race, Prof. Aminu wants his godson, Dr. Idi Hong to emerge while Ambassador Hassan Tukur, the principal secretary to > ] @
and nail to secure the ticket for the former Economic and Financial Crimes Commission (EFCC) boss, Malam Nuhu Ribadu. Ribaduâ&#x20AC;&#x2122;s ambition cum Hassanâ&#x20AC;&#x2122;s position is said to have been okayed by the national chairman of the party, Alhaji Adamu Muazu. The political arrangements of the three political gladiators came to the limelight during the botched October 11bye election in the state that produced the then Acting Governor, Hon. Ahmadu Fintiri as its standard bearer with a condition that after he completes Nyakoâ&#x20AC;&#x2122;s tenure he would cede power to the central zone. However, the three candidates from these PDP political generals are from the central zone and were among those that stepped down for Fintiri in the partyâ&#x20AC;&#x2122;s primary. Alas! The ruling of the Federal High Court On October 11, 2014, altered the political arrangement in the state PDP as Bala Ngilari, deputy to the ousted Governor Murtala Nyako made his way back to the Government House as governor. Stakeholders of the PDP who teamed up with Fintiri have retreated to strategise and ensure that Governor Ngilari is not allowed to secure the partyâ&#x20AC;&#x2122;s ticket for the February race. According to investigation by Saturday Newswatch, these big shots support for a senatorial pursuit. Political pundits have posited that Ngilari may be taking a dangerous path if he concedes to the pressure and vie for a senatorial seat which he may lose. According to them, it will be easier for Ngilari to win the governorship poll than winning a senatorial seat. PDP seems to be at a crossroad on who will be its standard bearer in the 2015 governorship election as some of the partyâ&#x20AC;&#x2122;s gubernatorial aspirants, who contested with Fintiri in last monthâ&#x20AC;&#x2122;s primary, have vowed to come back for the November primary, even though they reportedly agreed not to participate. Investigation revealed that the state chairman of the party, Chief Joel Madaki, may be forced to work for 7 = enjoying the support of Hassan Tukur and the national chairman of
Tukur
Hassan the PDP. But a political pressure group under the banner of the Progressive Peoples Movement (PPM), has vowed to resist the few individuals toying with the future of Adamawa State on religion and other undue sentiments, urging Ngilari not to respond to pressure from the cabal which may end up pocketing the The group promised to use its resources to purchase the governorship nomination form for Ngilari. Chief convener of the PPM, Barrister Sunday Wugira, at a press conference in Yola, disclosed that the decision was informed by the poor state of development in Adamawa State which requires a God-fearing individual like Ngilari to address. According to Wugira, the movement would also mobilise the electorate across the 21 local government areas for a man who rejected violence to secure his mandate. The PPM declared Ngilari as an ordained leader and stated that foot
We know that Nggilari worked with the Nyakoâ&#x20AC;&#x2122;s administration. Nobody can accuse him of corruption; even the House of Assembly knows the reason some us support him; he is an upright man
Nggilari soldiers have already been mobilised to pressurise him into the contest. According to the group, Ngilari is a stabilising factor in Adamawa politics, who, if elected, would make a turnaround in the socio-economic development of the state that has been dormant in infrastructural development. When asked about the alleged agreement reached by the PDP to zone the governorship to the central zone of the state, Wugira, said it is not the PDP as a party thatâ&#x20AC;&#x2122;s agitating for him to seek nomination but the PPM. He explained that the group will = = ; Â&#x2030; # politicians to impose a candidate on them, adding that the Adamawa PDP is at the edge of breaking and that only Ngilari is the unifying factor that can unite the party. However, the southern chairman of the PDP in the state, Chief Medan Teneke, has disclosed that Ngilari has a constitutional right to contest the 2015 governorship election under the banner of the PDP if he wishes. Teneke told Saturday Newswatch that the coming on board of Ngilari is a divine arrangement, recalling that most of the partyâ&#x20AC;&#x2122;s stakeholders worked against his emergence. He described him as a complete gentleman. He said: â&#x20AC;&#x153;We know that Ngilari worked with the Nyakoâ&#x20AC;&#x2122;s administration. Nobody can accuse him of corruption; even the House of Assembly knows the reason some us support him; he is an upright man.â&#x20AC;? He condemned the speculation making the round in the state that Ngilari does not have a political structure to contest the governorship it would not take him a week to get a viable one. Speaking about the alleged gentlemanâ&#x20AC;&#x2122;s arrangement between some of the partyâ&#x20AC;&#x2122;s stakeholders that conceded the governorship slot to the central zone, Teneke said that as a stakeholder in the PDP he is not aware of such arrangement. He described the arrangement as illegal, unacceptable and against the spirit of fair play in a democracy. According to him, â&#x20AC;&#x153;if I have money, nothing will stop me from contesting the partyâ&#x20AC;&#x2122;s gubernatorial race because the people are the ones to determine who should be their governor, and not individuals or money bag politicians. Investigation by Saturday Newswatch revealed that Ngilari will the bridge builder the PDP needs to make impact in the 2015 governorship election as he has the capacity to bring on board those who have defected from the PDP.
APC: Selection of candidate may affect partyâ&#x20AC;&#x2122;s 2015 presidential race â&#x20AC;&#x201C; Ojo Olalekan Ojo is a security expert and a member of the American Society of Industrial Experts (ASIS). He is the National Coordinator of Yoruba Youth Alliance (YYA). Ojo, who is the founder of Ijesa Unity Group (IUG) and Obokun-Oriade Solidarity Forum (ODF), spoke to NATH OMAME on the controversial Upland/Riverine dichotomy in the politics of Rivers State; the selection of a presidential candidate in the All Progressives Congress (APC); distribution of foodstuff by politicians during election campaigns; and the endorsement of President Goodluck Jonathan as the sole presidential candidate of the Peoples Democratic Party (PDP), among others.
Y
ou are from Osun State, but having been in Rivers State for long, what are your thoughts on the controversial upland/riverine dichotomy that has now become the principle of rotation and zoning? First, before the governorship primary, let there be peace in the Rivers State chapter of the Peoples Democratic Party (PDP) and the All Progressives Congress (APC). I say this because if there is no peace within the parties and between both parties, I fear some aggrieved aspirants may not accept the outcome of the exercise. If the outcome of the governorship election is to be accepted by the losing parties and the winning party, then, there should be an atmosphere of peace, candour and harmony. As for the upland/riverine dichotomy, I will humbly suggest that the leadership of the parties uphold the principle of rotation and zoning. Governor Chibuike Rotimi Amaechi is from Ikwerre Local Government Area in Rivers East. I think it is only fair that the governorship candidate of the parties should come from another senatorial district to give a sense of fairness, equity and justice. I donâ&#x20AC;&#x2122;t think it is fair for the next governor of Rivers State to come from the same ethnic stock as Governor Amaechi. There is need to give a sense of belonging to other ethnic nationalities in the state.
and Governor Rabiu Kwankwaso of Kano State have shown interest in the 2015 presidential race. What challenges do their aspirations pose to the APC? I donâ&#x20AC;&#x2122;t think General Buhari and Atiku should still be interested in the presidency. Buhari has been Head of State during the military era. Atiku had been Vice President for eight years under former President Olusegun Obasanjo. These gentlemen should now see themselves as elder statesmen. In my view, they should allow younger men like Governor Kwankwaso to vie for the partyâ&#x20AC;&#x2122;s presidential ticket. But picking a presidential candidate may not be easy for the APC. The process of selecting its presidential candidate for the 2015 election may make or mar the chances of the APC.
What if a party decides to present a candidate from the same ethnic stock as Governor Amaechi for the February 26, 2015 governorship election? There may be a protest vote against any party that goes against the principle of rotation and zoning in choosing its governorship candidate for the 2015 elections. Political awareness is very high in Rivers State. Former Head of State, General Muhammadu Buhari (rtd), former Vice President Atiku Abubakar
Why the shift? Our representatives at the Senate, Jide Omowarare, representing the Ife-Ijesa Senatorial District and the member in the House of Representatives, Nathan Agunbiade, representing Obokon/ Oriade federal constituency, have failed us. I am already mobilising youths in our senatorial district and federal constituency to vote for other candidates in 2015. In the next general elections, our people will vote against APC candidates. They can vote for any other party but not our current representatives. We want quality representation. We have been unlucky not to have quality representatives. Even Senator Isola Omisore who earlier represented our senatorial district = development to our people. On the scale of performance, I will say Senator Omowarare performed Z & Omowarare and Agunbiade may not win any election in Osun State again.
Ojo
Governor Rauf Aregbesola won the governorship election in your state against all odds. What, in your The people of Osun State voted for Governor Aregbesolaâ&#x20AC;&#x2122;s achievements and not his party, the APC. Aragbesolaâ&#x20AC;&#x2122;s victory does not in any way indicate that the APC is more popular that the PDP in the state. The governorship election was a victory for Aregbesola. At the 2015 general elections, PDP candidates will win the senatorial, House of Representatives and state assembly elections.
Continued on Page 58
Akwa United
18
Saturday Newswatch, October 25, 2014
League Watch
Maduabuchi Kalu 08080669826
maduabuchi.kalu@mydailynewswatchng.com
H Nembe vow to surprise Enyimba R
elegation-bound Nembe City have vowed to surprise two time African champions, Enyimba when the Aba millionaires come visiting in Week 36 of the 2013/14 Nigeria Professional Football League (NPFL). Â&#x192; @ have secured 28 points after 32 matches and as a result, no magic the Rumson Victor Â&#x201C; perform to save them from plying their trade in the National League next season, but they have vowed that despite going down, they will make life unbearable for the Coach Kadiri Ikhana boys. But like the saying goes, it is easier said than done. With the form Enyimba is at the moment, it will be a miracle for Nembe to escape defeat in the hands of the peopleâ&#x20AC;&#x2122;s elephant. Enyimba will do all it takes to ensure that they sure victory in this encounter in Omoku, the home of Nembe City. With the away victory the Aba elephant secured in Kaduna against Kaduna United despite all that the Crock die did to ensure that they salvage a point in that encounter, the Ikhana boys pocketed the maximum points to put pressure on table
Barribote
toppers, Pillars who lost away X And with the league going to the wires, Enyimba instead are the ones who are going to ensure that the maximum @ = end of hostilities. There is a big gulf between the two sides. Enyimba are placed third on the log with 54 points after 34 matches while Nembe is @ Â&#x2020;Â&#x153; after 32 matches.
Nembe Cityâ&#x20AC;&#x2122;s cause is not helped by the sanctions meted out to them by the NFFâ&#x20AC;&#x2122;s Organising and Disciplinary three six points from their already accrued points due to = in course of the league. So, like stated earlier, there is no Jupiter that will save them from going down as they have consistently remained at the word go.
Rangers target continental ticket
R
esurgent Enugu Rangers a continental ticket at the end of the season will be an icing on the cake. According to the clubâ&#x20AC;&#x2122;s former captain and coach, Christian Chukwu, the teamâ&#x20AC;&#x2122;s emphatic victory in Ibadan last Sunday is clear testimony that ' win away matches. It is recalled that Enugu 7 away victory in the hands of Crown Football Club of Ogbomosho in Ibadan on Sunday with an emphatic 3-0 win. While reacting to Rangers
= = Chukwu expressed satisfaction that the Coal City side have shamed their critics who had been calling when the team was not doing well due to the low morale occasioned by lack of funds. Speaking further, Chukwu stated that it will be gratifying if at the end of the season they secure a continental ticket even as he expressed optimism that they can still earn another away victory to give them the opportunity to exert pressure on the league leaders and know what will happen at the end of the season.
â&#x20AC;&#x153;It was a sweet victory on Sunday when Rangers secure = Chukwu began. â&#x20AC;&#x153;Ordinarily, this is not 7 away victory. When you watch the team play, you will be impressed but many at times ' â&#x20AC;&#x153;This victory was made
possible by the presence of Hon. Nduka Irabor, the Chairman of League Management Company (LMC) and the fact that it was on air = in Rangers victory. These two factors were responsible for the = Z = Chukwu explained. â&#x20AC;&#x153;Having said, I hope Rangers will maintain the form we are in at the moment. I pray that we will win more of our away matches. Week 35 NPFL Results Akwa 1 - 0 Bayelsa Taraba 2 â&#x20AC;&#x201C; 0 Lobi Warriors 1 â&#x20AC;&#x201C; 1 Heartland Warri 7 â&#x20AC;&#x201C; 1 Crown Rangers 1 â&#x20AC;&#x201C; 0 Sharks Sunshine 2 â&#x20AC;&#x201C; 0 Gombe Kano Pillars 2 â&#x20AC;&#x201C; 1 Kaduna Enyimba 1 â&#x20AC;&#x201C; 0 El-Kanemi Dolphins 6 â&#x20AC;&#x201C; 0 Nembe City
Chukwu
MATCH DAY 36 LOBI STARS FC HEARTLAND FC CROWN FC SHARKS FC GOMBE UNITED FC NASARAWA UNITED CF KADUNA UNITED FC EL-KANEMI WARRIORS FC NEMBE CITY FC BAYELSA UNITED FC
vs vs vs vs vs vs vs vs vs vs
AKWA UNITED FC FC TARABA ABIA WARRIORS FC WARRI WOLVES FC RANGERS INTâ&#x20AC;&#x2122;L FC SUNSHINE STARS FC GIWA FC KANO PILLARS FC ENYIMBA INTâ&#x20AC;&#x2122;L FC DOLPHINS FC
eartland Football Club of Owerri said they are set to compound Gombe United Football Club woes when to trade tackles inside the main bowl of Dan Anyiam Stadium, Owerri, the Imo State capital. According to the [ &' Nazi millionaires, that ] Â&#x161; relegation is none issue but would make sure that they pocket the maximum points at stake in the Week 36 of the 2013/14 Glo Premier League. In the words of Nkwopara: â&#x20AC;&#x153;Our target is the maximum points on Sunday when we welcome Gombe United Football Club at the main bowl of Dan Anyiam Stadium, Owerri,â&#x20AC;? Nkwopara began. _; ]
to survive relegation is the more reason why we are going to up our game because a team that is
= dangerous to play against because they will throw everything at you. That they are relegation threatened is none of our business. â&#x20AC;&#x153;The issue of mercy does
Heartland to compound Gombe woes not apply here because = ` have opportunity, we will like to win all our remaining matches because our target is to see whether we will be able to secure one of the continental tickets for CAF competition next season,â&#x20AC;? Nkwopara said. It is going to be a ' like Nkwopara said, it is ' = is relegation threatened. But Heartland will be making a big mistake to think that
the game is going to an easy one as former national team coach, Austin Eguavoen marshal out his troops in the encounter tomorrow. However, it is pertinent to note that this encounter is going to rekindle the rivalry that has existed between the two sides. Heartland are placed 10th on the league log with 50 points to show @ 34 matches while their opponents in this weekendâ&#x20AC;&#x2122;s encounter, Gombe United have 40 points after playing 33 matches.
Heartland team
Giwa FC banished to Abuja for rest of season .As NFF O&D Committee applies hammer
T
he Organising and Disciplinary (O&D) Nigeria Football Federation (NFF), has banished Giwa Football Club to Abuja for the remainder of the season. The NFFâ&#x20AC;&#x2122;s Organising and < = its meeting on Tuesday came out with the banishment of Giwa to Abuja due to the unruly behaviour of their supporters even as their abandoned match against Sharks is to be replayed on Wednesday, October 29. The Nigeria Football + &Â < said that Giwa will play all their remaining home games at the Abuja FIFA Goal Project due to the unruly behaviour of their fans in some of their home games. In addition to playing their remaining games at the Abuja FIFA Goal Post Project, the NFF disciplinary [ < = Â Â % between Giwa FC and Sharks FC be replayed in full at the FIFA Goal Project in Abuja on Wednesday, October 29. Meanwhile, Nembe City Football Club also received the hammered of the Organising and Disciplinary Â&#x192; 7 Â&#x201C; six points deducted from their already accrued total points of the season as well as forfeit the three points against Lobi Stars and Gombe United.
Ruling on a case brought by Nembe City against Bayelsa United, the Frank Egharevba, who was registered by Bayelsa Â&#x161; player of Nembe City Â&#x201C; = Â&#x161; N1million for providing wrong information during the playerâ&#x20AC;&#x2122;s registration. It however ruled that the result of the Match Day 26
% Egharevba should return to Nembe City. Â&#x192; upheld the decision of the LMC on the incident that happened on Match Day 30 between Crown and Enyimba at the
Irabor
Adamasingba Stadium when two players of Crown FC assaulted the match ' Â&#x192; = Â&#x201C; Omodo and Segun Ayo will therefore serve the one year suspension as ordered by the LMC, while Crown will pay a compensation of N200, 000 to Referee Marcus Bwashi. League table Results Fixtures
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20
Team Kano Pillars Warri Wolves Enyimba Nasarawa Sharks Abia Warriors Dolphins Rangers Giwa Heartland Lobi Stars Akwa United El Kanem Sunshine Taraba Bayelsa Gombe Kaduna Crown Nembe City
MP 34 34 34 34 34 34 34 34 34 34 33 34 34 34 34 34 33 34 34 32
W 16 17 15 16 14 15 14 15 14 13 16 13 13 12 13 13 11 11 10 6
D 8 4 9 5 10 6 9 6 8 11 2 9 9 12 4 3 7 4 6 10
L 10 13 10 13 10 13 11 13 12 10 15 12 12 10 17 18 15 19 18 16
F 47 38 43 38 40 45 37 42 34 33 34 26 37 44 27 41 33 30 26 21
A 361 33 24 34 31 35 29 35 29 24 40 27 27 42 40 50 37 46 45 52
D +11 +5 +19 +4 +9 +10 +8 +7 +5 +9 -6 -1 +10 +2 -13 -9 -4 -16 19 -31
P 56 55 54 53 52 51 51 51 50 50 50 48 48 48 43 42 40 37 36 28
19
Saturday Newswatch, October 25, 2014
Sports/EURO League Di Maria set to face Chelsea
El Clasico Special
Real Madrid, Barcelona A set Bernabeu alight
S
parks are set to fly at the imposing Estadio Bernabeu on Saturday afternoon as Barcelona face Real Madrid in the first El Clasico of the Spanish domestic season. The most watched club football match on the planet is upon us once more, as La Liga leaders Barcelona travel to Carlo Ancelottiâ&#x20AC;&#x2122;s free-scoring Real Madrid to compete in the first El Clasico of the season. A home win for Los Blancos would bring them to within a point of their great rivals, who top the table having won seven and drawn one of their eight matches so far. Lionel Messi and Neymar have formed a mesmeric partnership this term, scoring 15 La Liga goals between them. Quite outstandingly though, Real Madridâ&#x20AC;&#x2122;s talisman Cristiano Ronaldo has bagged 15 on his own â&#x20AC;&#x201C; and the Portuguese
superstar will be keen to strengthen his claims for a consecutive Ballon Dâ&#x20AC;&#x2122;or. Most interestingly though, maverick Uruguayan Luis Suarez is available for the first time competitively for Barcelona, and Luis Enrique is expected to use the ÂŁ75m signing from the bench. Meanwhile, Real Madridâ&#x20AC;&#x2122;s Cristiano Ronaldo believes Barcelona have an advantage over his team ahead of Saturdayâ&#x20AC;&#x2122;s Clasico at the Santiago Bernabeu. The Madrid striker feels the Catalans will benefit from an extra 24 hours rest after both teamsâ&#x20AC;&#x2122; exertions in this weekâ&#x20AC;&#x2122;s Champions League. Barcelona entertained Ajax at Camp Nou on Tuesday, where they emerged 3-1 victors, while Los Blancos had to travel to England to take on Liverpool at Anfield the following day.
Ronaldo
â&#x20AC;&#x153;I donâ&#x20AC;&#x2122;t understand whey El Clasico is going to be played on Saturday, nor the [kick-off] time,â&#x20AC;? he told reporters at a Press conference. â&#x20AC;&#x153;Itâ&#x20AC;&#x2122;s the biggest game and
Lineker:La Liga stronger than Premiership
G
ary Lineker says La Liga is stronger than the Premier League, with Real Madridâ&#x20AC;&#x2122;s 3-0 win over Liverpool providing the proof. $ " #} has styled itself as the best league in the world, however the humbling X ; suggested a gulf in quality between the teams from the two divisions is appearing. X second in the Premier League last season but Â&#x152;Â&#x2021; minutes, they were outclassed by their Spanish opponents in every department at
; Ronaldo and a Karim Â&#x201C; Â&#x201E; visitors three goals ahead by half-time. That led Lineker to tweet the following... â&#x20AC;&#x153;We might have to stop pretending that the Premier Leagueâ&#x20AC;&#x2122;s the strongest in the world. Most entertaining it may be, but La Liga is stronger.â&#x20AC;? The quality of Real Madrid and Barcelona is nothing new, however Atletico Madrid appear to have joined them judging by their La Liga win and appearance in the X last season. And thatâ&#x20AC;&#x2122;s not all, Lineker pointed out...
â&#x20AC;&#x153;And itâ&#x20AC;&#x2122;s not just Real Madrid and Barca. Other Spanish teams have won the Europa League 6 out of the last 10 years.â&#x20AC;?
Lineker
Amelia joins amateur club after Milan release
I
talian goalkeeper, Marco Amelia, divisions to kickstart his career at amateur side Rocca Priora after being released by AC Milan. At the age of 32, the 2006 World Cup winner should be entering his prime, but after leaving Milan in the summer, he another club. As a result, he is now looking to play for the Italian minnows. _`" the role of technical director and will sit with the lads on the bench,â&#x20AC;? explained Amelia. â&#x20AC;&#x153;In fact, Iâ&#x20AC;&#x2122;m going to do even more than that -- Iâ&#x20AC;&#x2122;ve decided to formalise my registration as a player, as well as management.â&#x20AC;? Amelia was Gianluigi
Â&#x201C; " = at the 2006 World Cup in Germany, which the
Azzurri won by bearing +
Amelia
should be looked at differently. It could have been played on Sunday. â&#x20AC;&#x153;They will need to be more careful with these things in the future as any professional will tell you itâ&#x20AC;&#x2122;s not the same to recover in two days as in three. â&#x20AC;&#x153;Itâ&#x20AC;&#x2122;s a small advantage that Barcelona will have,â&#x20AC;? he insisted.
ngel Di Maria is % for the Premier League meeting between Manchester United and Chelsea this weekend. The Argentine, who has made a huge impact since his British transfer record move to & Â&#x192; @ @ to the thigh during the 2-2 draw with West Brom on Monday night. The kick forced < [ Hawthorns and there have since been concerns over his availability for Sundayâ&#x20AC;&#x2122;s game against the Premier League leaders. However, itâ&#x20AC;&#x2122;s understood that the ÂŁ59.7m signing has been largely untroubled by the injury during training this week and went into the clubâ&#x20AC;&#x2122;s training ground on a squad day ! = boost his chances of being ready. The news will be
welcomed by Louis van Gaal as he prepares for the biggest examination of his Manchester United tenure. ; ' the season, United have been picking up results % in the table heading into the match, however they are already 10 points behind Chelsea. Defeat at & Â&#x192; give them any hope of catching Jose Mourinhoâ&#x20AC;&#x2122;s side.
Di Maria
Battered Sunderland stake image against Arsenal
S
underland was embarrassed last weekend against a rampant Southampton side, and it will be interesting to see how the team comes back from that defeat against Arsenal at the Stadium of Light. The Mackam fans will be expecting some kind of reaction to that loss starting with this game on Saturday. Since the Premier League started, there have been several games where the score line has been 7-0 and above. A look at the history books reveals the very next games those losing teams played resulted in them winning four, drawing three and losing just the two. Sunderland are still undefeated at home this season, winning one and drawing three. But it would take a big leap of faith to back Sunderland to win this game. This calendar year their home record does not inspire They are however still the draw specialists of the eight games. Arsenalâ&#x20AC;&#x2122;s away record this season is encouraging, but their recent form of one win in their last seven Premier League games } of their huge injury Â&#x2026; in sixteen days wonâ&#x20AC;&#x2122;t reliance is really on Danny Welbeck to keep scoring; = goals in seven games.
Welbeck
ENGLISH PREMIER LEAGUE Saturday, October 25 West Ham v Man City Sunderland v Arsenal Southampton v Stoke City West Brom v C Palace Liverpool v Hull City Swansea City v Leicester SPANISH LA LIGA Saturday, October 25 AlmerĂa v Bilbao Real Madrid v Barcelona Valencia v Elche CĂłrdoba v Sociedad ITALIAN SERIE A Saturday, October 25 Empoli v Cagliari Parma v Sassuolo Sampdoria v Roma GERMAN BUNDESLIGA Saturday, October 25 Dortmund v Hannover Hertha BSC v Hamburger Augsburg v Freiburg
20
Saturday Newswatch, October 25, 2014
Sports/News
AWC final: Unstoppable Falcons ...Hot shot Oshoala in top shape for Lionesses Gbolahan Dada
N
igeriaâ&#x20AC;&#x2122;s Super + and they are good for another historic outing today against the Lionesses of the Africa Womenâ&#x20AC;&#x2122;s Championship at the Sam Nujoma Stadium, ! @ After dismissing South ; + unturned to crown their quest in the AWC with the Nigeria and Cameroon are not new to each other in womenâ&#x20AC;&#x2122;s football, and = hard to make todayâ&#x20AC;&#x2122;s It is also on record that for next yearâ&#x20AC;&#x2122;s Womenâ&#x20AC;&#x2122;s ! Z Africa in Wednesdayâ&#x20AC;&#x2122;s @ @#
# ; & = = ` # Cameroon needed extra ` =
Captain Christine Manie hit the winner in the 118th minute, heading in from a Only twice since the
; ! " Championship in 1991 = $ Guinea are the only other # Â&#x2020;Â&#x2021;Â&#x2021;Â&#x153; Â&#x2020;Â&#x2021;Â&#x152;Â&#x2020;
Cameroonâ&#x20AC;&#x2122;s success in reaching the Womenâ&#x20AC;&#x2122;s ! time can transform the game in the country, On Nigeriaâ&#x20AC;&#x2122;s side, the world has not seen the best of the player who made ;! @ = ; & = ; with a Midas touch is more than a thousand stars on the pitch for Falcons and coach Edwin Okon = Â&#x192; + % = a huge part in Nigeria ;! Oshoala, who scooped both the Golden Boot and Golden Ball awards during the FIFA Under-20 Womenâ&#x20AC;&#x2122;s World Cup in Canada last August, is a familiar face in the starting # + With the weight of expectations following her exploits in Canada two months ago where Oshoala insists she is not under form pressure and is enjoying her time at the â&#x20AC;&#x153;The Under-20 World Cup in Canada has really upped my game - I was able to try one or two `" = = â&#x20AC;&#x153;This is my second appearance at the African ! ` = % two years ago (in Equatorial Guinea) and it
really helped my game at the FIFA U-20 Womenâ&#x20AC;&#x2122;s ! `" pressure coming here based on my performance Â&#x161;#Â&#x2020;Â&#x2021; ! ` = like my coaches tell me ¢ V = ÂŽ < " ÂŽ V go there and do what you @ ` =
= " it right, keep trying for ÂŽ & told cafonline in an Â&#x2026; of her coaches to continue =
= at the last four meeting against South Africa, scoring a brace including
= Â&#x2030; = Â&#x2030; before half-time for the second goal, and was = ! [ Â&#x192; = hoping to lay her hands on Â&#x2030; following a late winner = ] = when the Super Falcons squares â&#x20AC;&#x2DC;Les Lionnesâ&#x20AC;&#x2122; of the 9th African Women = Cameroon coach, Enoh Ngatchu also hopes to make history with the match against Nigeria: _! playing soccer, we are # = â&#x20AC;&#x153;Nobody expected us to
were found in supplements
= = The Kenya Rugby Union has denied any wrongdoing Â&#x192; recommended that Kenya > Â&#x192; Â title-winning coach with South ; Â = â&#x20AC;&#x153;The IRB operates a zerotolerance stance towards
Wada
; the Super Falcons of for Saturdayâ&#x20AC;&#x2122;s showpiece,
" record in the womenâ&#x20AC;&#x2122;s
â&#x20AC;&#x153;Theyâ&#x20AC;&#x2122;re still the best # " =
AFCON 2015
Rufai rallies support for Eagles Victor Enyinnaya
E
x-international, Peter Rufai, has called on Nigerians to rally round the Super Eagles in their quest to pick one of Group Aâ&#x20AC;&#x2122;s tickets to next yearâ&#x20AC;&#x2122;s Africa Cup of Â&#x2026; said what the team has faced is not unusual in the game, @ plans mounted to surmount ensure that a strategic roadmap =
would encourage the side Â&#x2026; side is already on the side = to carry it to the logical ; him, the only way forward would be to exploit way that would ensure that the lads are unanimous in all the programmes that would lead to resounding outing in the â&#x20AC;&#x2DC;This is not the time for @ ` = that with oneness of purpose, the Eagles will come out
WADA, Kenya go tough on doping T
he World Anti-Doping Agency will help create a new anti-doping body in Kenya after a report concluded the East African country â&#x20AC;&#x201D; a long time producer of champion distance runners Â
Separately, the International Rugby Board said it was taking seriously allegations against Kenyan rugby after # commissioned report into doping said banned steroids
Oshoala
drugs cheats in rugby and while the IRB takes such allegations seriously it would be inappropriate to comment `7Â&#x201C; Â&#x192; ;> WADA sent the report on \ = = `7Â&#x201C; The IRB noted no Kenyan rugby player had failed a doping test since 2005, and the team was tested regularly on # `7Â&#x201C; Â&#x192; \7Â&#x161; Â&#x192; = questioning the reliability of the report from an anti-doping task force appointed by the Kenyan
_` = so I urge the task team to release the full report and the laboratory tests done on the Â&#x192; Z African, told the South African > ; The report said Treu introduced the supplements in question after he joined the Â&#x2020;Â&#x2021;Â&#x152;Â tests on a batch in December showed the presence of
Â&#x192; WADAâ&#x20AC;&#x2122;s announcement on a new Kenyan national anti-doping organization followed a meeting with \ = ' in Cape Town, South Africa, ! = ; # agencies from Norway and China will help Kenya set up the organization, WADA said, and WADA director general < Â&#x2026; _ Kenya has been under close scrutiny since German broadcaster ARD alleged in 2012 that doping was common among the countryâ&#x20AC;&#x2122;s famous \ = @ recent years, with 18 athletes failing drugs tests from V = Â&#x2020;Â&#x2021;Â&#x152;Â&#x2020; < Â&#x2020;Â&#x2021;Â&#x152;Â Â&#x192; " = WADA pushed Kenya ;7< allegations and the longawaited report was made
We must be mindful that no country is minnow in the
and football, so the era of monopoly enjoyed by some countries are now a thing ! out there play our brand of football and ensure we get Â&#x192; it cannot be all roses in this ! @ = & in the group would not fold their hands and watch Â&#x192; = superior counter strategies that would upstage the ` " Rufai who relished his years in the national team stressed that in the life of a team, there are times like this and we must resolutely come to terms with the reality on
Â&#x192; = } and it is incumbent on the authorities to frankly show â&#x20AC;&#x153;The team is back in its = Â&#x192; = football scene is gradually
Â&#x192; " = encouraged the more that = Â&#x192; the worst of situations in the history of the Eagles in â&#x20AC;&#x153;All hands must be on deck to get it right in Congo and then at the home game Z ; Â&#x192; against Sudan in Abuja must The kind of determination and zeal that saw the team perform, must be preached = should be made escape
Â&#x192; = sense of belonging and the wherewithal that would enable them concentration tickets to the country for = = â&#x20AC;&#x153;The authorities must bring the needed harmony, trust and unity of purpose amongst the lads aimed at ` important step and only way forward, no pretence about it,â&#x20AC;&#x2122;
Rufai
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October 25
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!, !" * 5@ &@ &"@ !@ &@ &"@ ! " ' ! @ '@ !@ @"% @#% 4
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| |
50
Saturday Newswatch, October 25, 2014
Brides&Grooms Relationship
How to enjoy love-making after making babies
BOSE OLA-SAMUEL with
0811-265-8560
olaopasb@yahoo.co.uk
Wonderful pre-sex tips for enduring sex Continuedfrom last week
Â&#x192; One of the most explosive nerves in the body is located at the top of the inner thigh. â&#x20AC;&#x153;Itâ&#x20AC;&#x2122;s called the " = = < Millheiser. ` " and work your way up to it. Start = @ = * increases the stimulation) and slowly drawing it from the midâ&#x20AC;&#x201C;inner thigh Â&#x192; = Â&#x2030; = your way to the upper region. _Â&#x201C; @ " = Â&#x201C; @ = _` } = " exciting the nerve to the point where @ Â&#x192; %^ ] @ * " @ = too). ; = = = youâ&#x20AC;&#x2122;ll notice your breath becoming more rapid and your pelvis starting to spasm in that must-have-you-now = Â&#x192; ^ _ = = < 7 = guyâ&#x20AC;&#x2122;s hand exactly where youâ&#x20AC;&#x2122;re craving itâ&#x20AC;Ś and enjoy the ride. Â&#x192; # = A slow passion buildup is hot to a point. Quit fooling around and do it already ifâ&#x20AC;Ś â Â&#x17E; @ @ _ @ â Â&#x192; candle you lit suddenly smells very & " the bedside table. â Â&#x17E; " @ # # @ = â Â&#x17E; Â&#x192; a missing-person report. â Â&#x192; = = " the past 48 hours are whipped cream and strawberries. â Â&#x17E; " = = @ youâ&#x20AC;&#x2122;re able to recite them to each other. ` = " I have packaged some of my previous articles into a book with the ^ $ V&Â&#x17E;` ] ]7$;Â&#x192; Z$Â&#x2014;X`+$ Â&#x17E; Â&#x2021;Â&#x153;Â&#x152;Â&#x152;Â&#x2020;Â&#x2018; Â&#x153; Â&#x2018;Â&#x2021; the book. To be continued next week Concluded
By Amina Brai Omoike
Â&#x192;
= % = levels are at the peak. Couples almost canâ&#x20AC;&#x2122;t get enough of each other. Â&#x2026; game on its own. According to a survey of over Â&#x152;Â&#x2021;Â&#x2021; Â&#x20AC; percent agree that couples are the least % = = Â&#x192; many couples to separate their beds or even rooms for the entire period of their kidsâ&#x20AC;&#x2122; childhood. Some even avoid sex altogether. Â&#x2026; % there are more emotional and health = % = = # = you have young children. Countless studies prove that sex has many positive impacts to the mind = = = ways that you may not have thought about before. Sex is a great stress relief. A great % blood pressure and overall stress. ! % = there are many chemicals that play a % Â&#x192; = Â&#x2039; Â&#x2039; %= _ of androgen receptors. All these = = = addictive activities and substances. ; % ` = looking for a great alternative to Â&#x2030;
= = = trade gym time for sex-ercise! Having sex is a great alternative to increased } % =
and muscle tone. Â&#x192; many calories sex can actually burn. < = % = % = anything from 200 â&#x20AC;&#x201C; 700 calories in = = hand. Â&#x192; % Â&#x153; Â&#x192; is like losing about one pound (0.45kg) after 21 hours. If you want to increase = = increase the intensity and length of your sessions. Another thing sex does is that it helps = Â&#x192; = = % has been proven that men who have regular sex will actually reduce the risk @ ; = knows sex lowers blood pressure and boosts cardio health should encourage frequent sex. Sex can reduce the risk of @ = and improve cardiovascular health. ! you will live longer than those who do not engage in regular sex. Studies have revealed that regular sex can extend oneâ&#x20AC;&#x2122;s life span by up to seven to eight years! It is only logical that sex improves # Â&#x192; men and women in those Viagra jumping and skipping while walking
ROMANCE TIPS â â â â
Sit and talk in just underwear. Â&#x201C; = Wear his clothes. Incense/candles/oils/blacklights and music make for great cuddling/sex. â Kiss at every chance you get. â < " them find out.
to work! Sexual activity actually improves oneâ&#x20AC;&#x2122;s self-esteem. A major reason many people choose to have % Â&#x2039; " = = Â&#x192; reason someone who just got dumped might jump into the bed of the next person of the opposite sex. Sex lowers risk of cancer. It may relieve men to know that increased ejaculations will lower the risk of prostate cancer. Studies have shown = Â&#x2020;Â&#x2021; _ or more times a week reduce their risk = whereas older men with 21 or more ejaculations per month were linked to lower prostate cancer. A 1989 study in France found that women who had less sex or no sex at all had three times the risk of breast cancer compared to those that had sex more frequently. Some mental experts were given six options for couples to enhance their % ^ * Â 8 % *Â&#x152;Â&#x2018; 8 *Â&#x152; 8 @ *Â&#x152;Â&#x152; 8 = *Â&#x2020; 8 others (17 percent). Unlike popular clearly not a favourable option. Â&#x192; aspect of marriage a boost include = @ Â&#x201E; % Â&#x201E; = = @ % and making it a priority and making a commitment to spending quality time together. Â&#x192; = revive their sex life after having kids = = Â&#x192; Â&#x201C; @ X ; \ = ^ _Z % % of the rich intimacy spectrum. If sex is =
52
Saturday Newswatch, October 25, 2014
Soulmate
With Amina Brai Omoike www
amina.omoike@mydailynewswatchng.com Tel: 0708-737-6877
Dating Calls
Why donâ&#x20AC;&#x2122;t ladies tell me how they feel?
Kanayo from Anambra State, 36-yearold businessman based in Kaduna needs a wife. She must be a good Christian, employed or into business, aged 28 - 35, truthful and sincere. Z = within six months. Call: 08028758499, 07025203151
I
am a very shy person, and so
' @ ` am only 20 and very handsome. Why is it that all the ladies that admire me unable to muster the courage to say how they feel? Secondly, I need a cure for shyness. Jerry, Lagos
Femi, 42, civil servant needs a working class man for a relationship that can lead to marriage. Call: 09097895722 Femi, 41, self-employed graduate needs a romantic, jovial and workingclass woman for a serious relationship. Call: 08038341039
Jerry, + = Â&#x2039; society, it is a man that makes the
! " ; @ move is perceived as indecent and = @ Â&#x2026; " stop some ladies from making those moves. So, what stops you from talking to them? Secondly, shyness in innate! Some people are born shy. But shyness can be = + triggers your shyness? Could it be = " = ĂŁ < = an inferiority complex? Work on = # = motivational books, hanging out with friendly people and taking part in healthy activities. This would help boost your image and @ =
I bleed after sex
I
had a baby a month ago, and recently my husband and I tried % ` hurt me so much that we stopped. `" " a foul smell. What should I do? Mercy, Asaba Mercy, The odour, I think, is from using pads on for so many weeks. You may try a non-soap feminine wash, and it really helps. Also changing = @ = helpful. ; " I strongly suggest that you seek = = have an infection. Â&#x201C; = " infection, sex after pregnancy can be painful, especially if you had stitches to repair tears or an episiotomy. Even if your perineum is intact, intercourse could hurt. You may just need more time to heal. ` = " = baby, low hormone levels can leave you less lubricated, and that can cause pain. Allow plenty of time for foreplay, and use a lubricating jelly or cream until your normal secretions resume. Go slowly and try you control the amount of vaginal penetration. If it hurts too much, stop and try again another time. [ @ = =" naptime, when both of you are less likely to be too exhausted and Â&#x2030; = ; " Â&#x192; = what feels good and what hurts. As with everything else in life, honesty fosters intimacy.
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
I masturbate and itâ&#x20AC;&#x2122;s affecting my relationship
I
masturbate when I feel like having sex, and it is affecting my relationship. My man calls Â? # " ` " % Please, what do I do? Cynthia, Owerri Cynthia, Masturbation is a common act people who desire sex engage in. This usually occurs when sexual intercourse is relatively impossible for the interested person. Since " genitals to achieve sexual
Â&#x2039; anyone who masturbates in a relationship certainly might have problems with his/her partner. This is because masturbation is like cheating, getting your sexual pleasure from elsewhere. In women, it makes one more conscious of her sensitive parts @ " partner to satisfy. To help your relationship, let your man know what you want and how you want it done, but you have to be tactical = " =
I love her more than my wife
I
am more in love with a girl I met some years back although ` " distance. The problem is that I still love her, even more than my wife. How do I get over this? Dayo, Gbagada Dayo, Out of sight is not necessarily out of mind, so you have to make a conscious effort to let go of the past. Remove her name
and all her contact details from all your records. This is a great way of finalising the end of this relationship. Anything lying around that may remind you of her is just going to bring back those memories. Just let go of everything she gave you. Just avoid contact and remove yourself entirely from that lady. Now, focus on your wife. Make yourself fall in love with her Â&#x17E; " = "
Do you have a relationship or emotional issue to share or seek advice on? Contact the number above (SMS only).
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 Call: 07016655549 Omoola, a businessman and single dad aged 40 needs a good woman to marry. Call: 08025105358 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
October 25
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56
Saturday Newswatch, October 25, 2014
Judiciary Alleged N15m unpaid rent: NTDC boss to face court action Ayodele Olalere
A
Lagos-based property development company, Union Property Developers Limited, has dragged the Nigerian Tourism Development Corporation (NTDC) before a Federal High Court in Lagos over an alleged N15 million unpaid rent for its property situated at 168, Obafemi Awolowo Way, Alausa, Ikeja. Until April 4, 2014, the building X Â&#x201E; ' corporation. Aside NTDC, other defendants in the suit are Ms. Sally Mbanefo, the director general and head of NTDC, and Ms. Ola Wright, a consultant engaged by NTDC and its director general to negotiate on behalf of the corporation in some of the meetings pending the hearing of the suit in court. In suit FHC/L/CS/1308/14, Union Property Developers Limited, through its counsel Nojim Tairu of Nojim Tairu & Co stated that in 2007, an oral agreement was reached between it and the NTDC wherein the Federal Government agency took a lease of the aforesaid property for a term of three years, commencing on March 1, 2007 at the rate of N10 million per annum. The company further stated that a total rent of N30 million was duly paid by the NTDC in advance of the term as agreed between the parties. In the statement of claim dated August 29, 2014, the company further stated that â&#x20AC;&#x153;upon the expiration of the initial term of three years on February 28, 2010, the partiesâ&#x20AC;&#x2122; representatives met and negotiated the rent renewal on the lease for another three years which was agreed at the sum of N11.5 million per annum for a fresh term commencing from March 1, 2010 to February 28, 2013.â&#x20AC;? Â&#x2026; problems started when the corporation allegedly failed to pay its new rent after reaching agreement with the company. It further stated that in spite @ agreement by paying its rent, the government agency still failed. â&#x20AC;&#x153;Sometime in the year 2012, before the expiration of NTDCâ&#x20AC;&#x2122;s second term on the property, NTDC indicated its intention to renew its lease term for another term of three years whereupon both parties negotiated on the terms for renewal term which NTDC requested as par the previous terms. â&#x20AC;&#x153;Ever since the signing of new agreement and despite several NTDC, the Federal Government agency has failed, neglected or refused to make necessary payment to legalise its continued occupation of the property in question. â&#x20AC;&#x153;Notwithstanding that the corporation was already in arrears of the rent which was due for payment
Mbanefo in advance of the renewed term, the sometime before June 10, 2013 about leakages on a part of the roof of the premises which caused stains on the ceiling board thereof,â&#x20AC;? it stated. It added: â&#x20AC;&#x153;Consequent upon the defendantsâ&#x20AC;&#x2122; aforesaid complaint, = necessary replacement and repairs on June 10, 2013 in line with its aforesaid contractual obligation to repair the external part of the subject property. ` V Â&#x152;Â Â&#x2020;Â&#x2021;Â&#x152;Â = second defendants of the completion of the repair of the roof and replacement ` obligation to the outstanding rent of N34.5 million for the renewed term.â&#x20AC;? Union Property Developers Limited further stated that after several
response, NTDC on January 9, 2014 eventually broke its silence as to its unusual delay in the payment of its rent obligation where it expressly stated that the delay was â&#x20AC;&#x153;as a result of
= our ability to continue as tenants in your property,â&#x20AC;? further stating that it will â&#x20AC;&#x153;quit and vacateâ&#x20AC;? the premises at the expiration of its tenancy. The property developers also stated that despite NTDCâ&#x20AC;&#x2122;s announced desire to vacate the premises earlier than the date of expiration of its tenancy which is February 28, 2016, it said that = three year lease (that is February 28, 2014) the defendants did not vacate the premises contrary to its earlier representation. The statement further stated that as a result of the development, a meeting was summoned between the parties on Tuesday, March 4, 2014 to discuss the 1st defendantâ&#x20AC;&#x2122;s request for extension of time to vacate the premises and
The company is therefore praying the court to order NTDC to pay â&#x20AC;&#x153;the sum of N13, 345,333.33, being the sum payable by the defendants to it on pro rata basis for the period March 1, 2013 to March 2014 at the rate of N11, 500,000 per annum together with the cost of internal repairs and redecoration which NTDC was obliged to but failed to carry out before vacating the said property
the payment of rent arrears. At the meeting, the second defendant (Ms. Wright) reportedly urged that NTDC be allowed up till March 31, 2013 to vacate the premises while at the same time promising that the rent would be paid on or before the expiration of the extended date sought. It added that although the NTDC eventually vacated the said property on April 4, 2014, it however failed to pay the instant suit. The company is therefore praying the court to order NTDC to pay â&#x20AC;&#x153;the sum of N13, 345,333.33, being the sum payable by the defendants to it on pro rata basis for the period March 1, 2013 to March 2014 at the rate of N11, 500,000 per annum together with the cost of internal repairs and redecoration which NTDC was obliged to but failed to carry out before vacating the said property.â&#x20AC;? Â&#x192; @ â&#x20AC;&#x153;on the said N13, 345, 333.33 at the rate of 20 per cent per annum from March 1, 2013 till the date of judgment and thereafter at the rate of 10 per cent = Â&#x2039; as the sum of N1, 428,118.55, being solicitorâ&#x20AC;&#x2122;s bill it was constrained to incur consequent upon the refusal of the defendants to pay the said sum.â&#x20AC;? Â&#x192; = % for the hearing of the suit, counsel to the claimant, said it has however been ' Ms. Mbanefo, court papers.
Man found guilty of murdering own brother
A
31-year-old man has been found guilty of murdering his identical twin brother during a row on New Yearâ&#x20AC;&#x2122;s eve. Robert Cerqua, an identical twin with Christopher, a carpenter, stabbed him once in the stomach with a kitchen knife during a row at Â&#x2026; = } a party while his brother lay dying, and celebrated the turn of the year with revellers, but was arrested in the early hours of 2014. > = to save Christopher on December 31, but he died from a single eightinch stab wound to the abdomen in hospital. On Monday, October 13, Robert Cerqua told Winchester Crown Court he did not intentionally kill his brother, claiming he had acted in self-defence, but was later found guilty of murder. The pair, who lived with their parents, Denise and Peter Cerqua, in Hythe, Hants, had been drinking Stella Artois together at home when they started arguing. Prosecuting counsel, Patrick Upward, told the court Robert deliberately murdered his brother, suggesting he â&#x20AC;&#x2DC;stabbed him in the abdomen to kill him or cause him serious injury, an allegation Cerqua denied. â&#x20AC;&#x153;None at all, it was to stop him @ 7 said, adding that the deceased picked up a knife and pointed it at him. â&#x20AC;&#x153;At that point I thought I have got to get this knife,â&#x20AC;? he told the court. He added: â&#x20AC;&#x153;My memory is a Â&#x201E;= Â&#x201D; Â&#x192; % thing I know is that I looked down and I had the knife in my hand. He let out a cry and when he cried, thatâ&#x20AC;&#x2122;s the reason why I looked down and thatâ&#x20AC;&#x2122;s when I realised he had come into contact with the knife.â&#x20AC;? He further told the court that he and Christopher had been inseparable as children and Â&#x2030; = @ golf together, but claimed his brotherâ&#x20AC;&#x2122;s personality had changed since moving back to the family = suicidal and depressed. The convict added that the deceased would get aggressive after drinking alcohol and was addicted to cannabis. â&#x20AC;&#x153;I believe he was suicidal. My mum took him to see a counselor because of his recent behaviour. Over the Christmas break he said he was going to see his dealer. I went with him and on the way back I said â&#x20AC;&#x2DC;Do you fancy going to the club? We went to the club and I asked â&#x20AC;&#x2DC;whatâ&#x20AC;&#x2122;s wrong with you lately? He said â&#x20AC;&#x2DC;Iâ&#x20AC;&#x2122;m
= sorry to mum but I cannot speak to women at the momentâ&#x20AC;&#x2122;, which I thought was quite strange.â&#x20AC;?
57
Saturday Newswatch, October 25, 2014
Politics 2015: Ministers and their uncertain guber ambitions Continued from Page 15
on them (aspirants) to accept what has taken place because whether we like it or not, only one candidate will emerge,â&#x20AC;? Ikenya said. In the same vein, Bwacha, who spoke through former Commissioner for Information, Culture and Tourism, Emmanuel Bello, said his decision had become necessary â&#x20AC;&#x153;because all that I am after is to make sure that power shifts to the southern part of the state.â&#x20AC;? It would be recalled that a youth group, Taraba Masses Movement for Good Governance through its chairman, Timothy Samson, in September urged Ishaku to contest the 2015 gubernatorial election. According to a statement by the group, the endorsement of ` @ in transforming the state, having @ Â&#x2030; the Kashimbilla Dam and Mambilla Â&#x2026;= Â&#x2030; â&#x20AC;&#x153;The masses in the state are grateful for these gestures and are calling on the minister to contest the 2015 governorship election in Taraba. He is the only credible candidate that has won the hearts of the masses,â&#x20AC;? he said. In Abia State, a roll call of " ' indicates known actors like the former deputy governor, Senator Enyinnanya Abaribe, Wogu, Ananaba and former Chief of Army Z X ] ;Â&#x201E; @ ` Â&#x2030; @ While some Abians are in dire need *Â&#x201E; 8 @ of the Abia Charter of Equity, others prefer merit as the only way the state Â&#x2030; = governance. Â&#x192; = former would only suggest a bunch of unserious politicians with no clearcut agenda that could push the state forward to withstand formidable challenges in the comity of states. Z = Â&#x2030; minister of labour, Wogu is facing the Â&#x201E; charter does not favour him for now, having come from Umuahia *; 8 # Â&#x201E; been producing governors since the creation of the state. Now that there is a serious clamour for Ukwa/Ngwa governor in 2015, the focus would undoubtedly be on the likes of Senator Nkechi Nwaogu, [ Â&#x161; & [ ; % & [ Okey Emutchay, Mr. Friday Nwosu, Hon. Acho Nwakanma, Chief Mark ! Z ; &@ Â&#x201E; `@ Â&#x201E; ! Woguâ&#x20AC;&#x2122;s advantages in the race with which the governor and his family are said to regard him with. Some also remember that the minister worked under the governor when he Z ] & Â&#x2030; Kalu while he, Wogu was the political adviser to former governor. He represented Abia State for two terms as commissioner at the Revenue Mobilisation Allocation and Fiscal Commission before being [ X April 6, 2010. He has been the focus of much % political stakeholders who also see in him as a bridge between the expectations of the people of Abia South and the reassurance of Â&#x201E; ancestry can be traced to Abia North. ! ' Wogu was said to have articulated
Ortom, Benue > = X approval by the Federal Executive Council; mediated and facilitated the resolution of hundreds of industrial disputes, leaving the ministry with no pending national strike and securing X Z the country. He also facilitated the review and modernisation of the archaic Workmenâ&#x20AC;&#x2122;s Compensation Act; prioritisation of productivity in the labour sector and the articulation of a National Productivity Policy and its approval by the Federal Executive Council; revitalisation of the hitherto moribund National Productivity Centre (NPC) and the approval of August 3 of every year as the National Productivity Day as well as the production and approval of a > = > X The rest achievement are the issuance of a Regulation on Installation, Maintenance and & X $ Conveyors; approval of National Employment Policy, National Action Plan on Job Creation (NAPEC); enactment of a New National Minimum Wage for Nigerian workers; articulation and facilitation of the enactment of the Employeesâ&#x20AC;&#x2122; Compensation Act, 2010; approval X [ > =Â&#x2039; approval of Regulation on the Oil and Gas Sub-Sector in the Area of Z ' It is easier to calculate the tension in the Rivers State polity as there has outgoing governor, Rotimi Amaechi [ *Â&#x2030; 8 of Education, Wike, and place the imminent power tussle between the camps/loyalists next February. Saturday Newswatch recalled that the disagreement between the two took a fresh turn penultimate Sunday when Wike at his residence in Port Harcourt, while receiving elders, women and youths from Rumueme kingdom, Obio/Akpor X ]
" Â&#x2030; a death trap and the Amaechiâ&#x20AC;&#x2122;s government as a failure. Spontaneously, Amaechiâ&#x20AC;&#x2122;s Chief of Z Â&#x192; = &@ unfortunate that Wike could describe the monorail that would begin to function in December as a death trap. Okocha, who described Wike as a drowning man, expressed the need for the minister to get himself Â? " ; Â&#x2030; adding that Wike should apologise > V
public as a minister. His words: â&#x20AC;&#x153;We have the clips of ; Â&#x2030; thought Wike would take time to explain how he physically assaulted people in public. On the monorail, he *! @ 8 @ Â&#x2030; is now a cynosure of all eyes. â&#x20AC;&#x153;The state is insisting that by December, they will see the train
Wogu,Abia move on the monorail. When a man is drowning, he clings on anything he sees. Wike is sinking.â&#x20AC;? However, Wike pointed out that the Old GRA in Port Harcourt was no longer what it used to be, adding that some of the roads in the state capital were in a deplorable condition. He said: â&#x20AC;&#x153;There is one death trap they call monorail. Yes, we know that one day, we must die, but with the monorail I am seeing there, I will not take such a risk. The monorail is a death trap. â&#x20AC;&#x153;Tell them to tell their children to go * 8 X @ & GRA; if you are driving in the night, you will see that it does not look like the Old GRA. The roads are bad and it shows that this government has failed,â&#x20AC;? he added. Meanwhile, the PDP national ; Â&#x2030; ; [ Â&#x201E; recently at the Rivers State PDP secretariat, Port Harcourt, Â&#x2030; saying â&#x20AC;&#x153;Wike, you are on course.â&#x20AC;? [ Â&#x201E; 7 Z empowerment/distribution of relief materials to traders at the popular [ Â&#x152; [ @ Â&#x201E; = this year. He made a donation of N250 million to the traders on behalf the PDP and announced to them that President Goodluck Jonathan had promised to rebuild the market. In Ebonyi State, desired support and encouragements have been pouring in for the former Minister of Health, Prof. Chukwu to contest next = ; fact, various groups and individuals = Â&#x201E;Â&#x201E; =
There may be giants out there, all over, but like Caleb we trust God, we are able to conquer, we are able to subdue. So all we need is prayers and thank God for what He has done for me, not for what we are looking at. Being governor will not really add anything to my name. I think I have made the entire name I could make in Nigeria. 4 my people, to liberate my people
(names withheld) were said to have expressed fear of certainty following the indiscriminate endorsement by the governors. He asked: â&#x20AC;&#x153;How do we leave certainty for uncertainty?â&#x20AC;? A member of the National Working * ! 8 ><> posited that the endorsement of some aspirants by the governors would prevent the national headquarters of the PDP from making money from the sale of nomination forms. He said: â&#x20AC;&#x153;Imagine a party that is this @ Â&#x2030; from which we get money is through the selling of nomination and Obanikoro, Lagos expression of interest forms. How then do we make enough money when governors are busy endorsing ministerâ&#x20AC;&#x2122;s brilliant performance in candidates, thereby scaring other the ministry especially in the twilight aspirants away? It is so bad that they of his tenure when there was the are ignoring our warning. I know outbreak of the Ebola Virus Disease that they are doing this because we (EVD). all endorsed the President as our sole There was a media report that a candidate.â&#x20AC;? group, Ebonyi South Consultative Â&#x192; & @ *X 8 Forum (ESCF), aligned itself with the and Orton (Benue) did not stay long adoption of Onyebuchi by Governor enough to make a mark in the federal Martin Elechi and other stakeholders cabinet. In the case of Obanikoro, his $ = Â&#x201E; = (old Abakaliki bloc) as the PDP push him a bit, at least having been a candidate for the election. X Z ESCF made up of leaders from his former boss (Senator Bola Tinubu) and a former governorship candidate Â&#x201E; ä (2007). ; @ The trend of resignation and thanked the governor for his adoption has extended from the steadfastness in enhancing the unity federal to states where serving and development of Ebonyi State commissioners and civil servants in the spirit of inclusion and evenwith gubernatorial ambitions have handedness. started to resign their portfolios. Chairman of the forum, Chief For instance, eight members of the Okoro, told newsmen that their Bauchi State executive council last brothers from Abakaliki bloc has not week resigned their appointments to only relieved them of the burden of shopping for an acceptable candidate contest various positions. According to a statement by among the pool of the many aspirants Â&#x201E; the Principal Private Secretary ] ` Â&#x17E; ; Â&#x2030; adoption of Prof. Chukwu would Adamu Alkali, on Monday, those also prevent their people from who resigned include the Secretary wasting their hard earned money in to the State Government (SSG), purchasing the relevant forms. ; Â&#x2030; ; Â&#x2026; = Â&#x2039; It would be recalled that Chukwu Z ] Â&#x2026; ; Â&#x2030; was on October 7 adopted by the leadership of the PDP alongside other Abdulkadir Mohammed, and Â&#x2030; @ = X ] # Â&#x201E; $ = ; [ ; @ + Others are the Commissioner State as the consensus governorship ; ; Â&#x2030; ` ! Â&#x2039; candidate of the party ahead of next Commissioner for Water Resources, yearâ&#x20AC;&#x2122;s election. ; Â&#x2030; Â&#x201C; ;Â&#x201E; The endorsement and general acceptance of Chukwu is said to have Commissioner for Environment, thrown the supposed arch-rival of the ; Â&#x2030; Â&#x192; [ Other members of the cabinet PDP, the APC into unstable form as the fear of a formidable opponent has that also resigned include the Commissioner for Works and hit it since Chukwu was adopted. Transport, Malam Sani Bura, and The APC has not been the only Commissioner for Tourism and party hit by the fear of Chukwuâ&#x20AC;&#x2122;s ; Â&#x2030; [ X adoption as there are reports that The statement said the governor even the ruling PDP has also been hit has directed the outgoing over choice of candidates. commissioners to handover the For instance, there were indications activities of their respective ministries ; Â&#x2030; to their permanent secretaries, of the PDP may clash with the pending the appointment of new serving PDP governors over their commissioners. indiscriminate endorsement of Â&#x2026; governorship aspirants in their states X Z because the party leadership is not cabinet that has expressed interest in happy that despite its warnings, the race has resigned. some of its governors were openly X % endorsing their favourites to succeed stateâ&#x20AC;&#x2122;s Commissioner for Works and them. ` Â&#x2026; Â&#x201E; The PDP allegedly states that have by now resigned, considering the actions of such governors are the media hype being sponsored and capable of causing divisions among the vigorous ongoing campaigns. Speaking with our reporter, the Already, members of the party in stateâ&#x20AC;&#x2122;s Commissioner for Information some states like Enugu and Abia Z = X ` are said to be displeased with _ happenings in their states. Saturday Newswatch gathered that from the cabinet; we are all working for the progress of the state.â&#x20AC;? Governor Sulivan Chime (Enugu) ; _Â&#x2026; Â&#x201E; has already announced Ifeanyi Ugwuanyi as his choice candidate, an indicated interest to contest and his posters are out but he has not action that is already causing ripples resigned. Be that as it may, we have among party members in the state. resolved not to allow any distraction Consequently, two ministers
Saturday Newswatch, October 25, 2014
58
Politics
I want to set pace in Delta Assembly â&#x20AC;&#x201C; Aspirant Sunday Demi-Ejegi Odunmi is a grassroots politician who is now eyeing the Delta State House of Assembly to represent his Warri South Constituency 1 under the All Progressives Congress (APC). In this interview with SYLVESTER IDOWU, he speaks on his mission, the ongoing politics in the party, the state and some burning national issues. Excerpts:
C
an you tell us about your background? I studied mechanical engineering. I started my higher educational at the Petroleum Â&#x192; ` *>Â&#x192;`8 $ Delta State. I did my National Diploma (ND) and Higher National Diploma (HND) at the PTI before I proceeded to the University of Benin where I had my B.Sc. in Engineering. I did my masters degree in Engineering Management, also at the same university. Why do you want to represent your people at the Delta State House of Representative? In the past, I have seen that the quality and level of representation my constituency has had in the Delta State House of Assembly is less than adequate. It has not met the needs of the people. In a nutshell, there has been no representation. It has been the representatives representing themselves. The kind of representation that ought to be is the type where you are representing a group of people whose voices and wishes are heard in the Assembly. But that is not the case here. What I want to see is a robust and dynamic representation of my people. What I mean by this is that the voice of the people must be heard in the state House of Assembly which will translate into development of the constituency. ~ Â? Â&#x17D; Â? if you are elected to represent your people? ` @ + and foremost, I will make sure that ` = ' the communities where there will be feedback on daily basis from the constituency to me and vice visa. By this, the people will know what is happening in the Assembly and I will also be hearing from them. It is what they want me to say there that I will say so that when development comes to their area, it will be what they want and not what will be forced on them.
Apart from that I am going to hold quarterly town hall meetings with my people so that we can relate one on one. Â&#x17D; APC. How are you sure that you will be able to win the ticket under Â&#x2018;Â? Â&#x2019; Â&#x17D; ` = APC is the new party on ground and it is loved by all the people. The Peoples Democratic Party (PDP) has failed the people. If you look at the quality of services the APC governors have given to their people, you will agree with me that the party is loved by Nigerians. They have delivered on their promises and they are still delivering. The APC is a party that I know will deliver in Delta Z ` it. Its leadership structure is sound, straight-forward and there is nothing like Godfatherism in it. It is a purely democratic party where the voices of the people are heard. In the APC you have the opportunity to air your mind without being afraid of hurting somebody.
Â?Â? Â&#x201C;Â&#x2018;Â? Â&#x17D;
Â&#x17D;Â&#x2018; Â&#x2019; Â&#x17D; Â&#x17D;Â&#x201D; other parties? That is politics and it will continue to happen. It is not happening only in the APC. The PDP has had its own share and it is still having it. So, what is happening in the APC is a = one way or the other. People are happening in the party now cannot tear it apart. Rather, it will unite it. That is how party politics is played. At the end, we will all come together as one big family and the issues will be resolved. Â? Â&#x17D; Â&#x201D; Â? constituency, what do you think Â&#x2018; Â&#x17D; Â&#x2019; constituency? One primary need of my constituency is human development. About 50 per cent of my constituency is in the riverine areas and a lot
Odunmi of things are not in place in these communities. These people need a means of livelihood because their means of livelihood, which is
= = exploration. So, they need other alternatives. I want to see that my people are empowered; I want established in my constituency so that my people will not rely on only one means of livelihood. Oil exploration is killing the ecosystem in these communities. This is why micro industries that will develop the area and make the people ` @ at how I will collaborate with other
in the communities. We are going to ensure that they have access to micro
= small scale businesses. We are not looking at the big things because the state government will handle those. So, I want to empower my people apart from the basic necessities like power, water, schools, etc that they need. Â&#x201D; Â&#x2018; Â&#x201D;Â? Â&#x17D; country. How are you going to Â&#x17D;
you are talking about without the availability of power? I will collaborate with the oil companies in the riverine areas and we will urge them to supply these communities with power. We are not going to depend on the national grid alone and I know we can achieve this with good legislation. We can also build solar energy and wind energy too. This is possible if we really put our minds to it. We are going to sit @ ways to generate electric power to are talking about.
Â&#x17D; Â&#x17D; My mission statement is very simple. I want to develop and promote a robust constituency representation in the Delta State House of Assembly that is driven by the peopleâ&#x20AC;&#x2122;s will and their wishes which will lead to a result-oriented process that will in turn lead to development in the Warri South constituency 1. How do you see Delta State at 23? + ` = @ ] Â&#x2039; ` @ not there yet. The ruling party has not done enough with the kind of resources that we are generating in the state. Delta State deserves more but we thank God for where we are and I believe there is room for improvement. This is why we are telling Deltans to vote the APC into power so that we can change from what we are used to. Do you think the APC has what Â? Â&#x17D; Â? Â&#x2018; Â&#x2019; Â&#x17D; Â&#x2018; Of course, the APC has what it takes to rule the state. We have all the material and human resources to defeat the PDP. We are set to take over power from the ruling party. Â&#x201D; Â? Â&#x17D; Â? Â? Â&#x17D; Â? Â&#x2022; Â&#x201D; Â&#x17D; Â&#x201D; Â? Â&#x2013; Â&#x2019; Â&#x17D; Â&#x2018; Â&#x2013; What is going on? I will not agree with you that we have not done a lot. We have chairmanship aspirants and councillors in all the local government areas. We are up to the task and by the grace of God we will match the PDP man to man. We are ready and we are going to shock the PDP. How are you going to achieve this feat? What we are doing right now is to mobilise the grassroots people and we are telling them that this time their votes are going to count. It is not going to be business as usual. We are encouraging them to come and vote for the candidates of their choice and ensure that their votes count. As I am talking to you, the people are tired and they are crying for a change. Â&#x17D; people? My message to my people is that they should not give up because we are winning the race and we will get there. We are going to see the change that we are clamouring for. I want to also let them know that if they vote for me, Warri South Constituency 1 will see new ideas. I will give them good representation and with their
there has been no representation. It has been the representatives representing themselves. The kind of representation that ought to be is the type where you are representing a group of people whose voices and wishes are heard in the Assembly. What I want to see is a robust and dynamic representation of my people support their voice will be heard. We have been involved in so many community development projects before now and we are still going to do more. How well do your people know you? I am a grassroots man and my people know me very well. I started my politicking from the grassroots and I do not have any godfather who I look up to. The kind of politics that was handed over to us was the politics of godfatherism. But today, ;> devoid of godfatherism. So, once we are able to unseat them, politics of godfatherism will be a thing of the past in the state. We will no longer see thugs and illiterates ruling us. < =
><>ĂŁ The truth is that you cannot remove money from politics. The problem is that people are misusing money in politics. In politicking, you use money to enlighten the people on why they should vote for you. You do not use money to buy the conscience of the people. You let them know what their rights are. You should let them know that they should not sell their rights because of money. But, we believe that with time all these will be past tense and there will no longer be money bag politics in our country.
APC:Selection of candidate may affect partyâ&#x20AC;&#x2122;s 2015 presidential race â&#x20AC;&#x201C; Ojo Continued from Page 16
Like I always tell people, you can only rig where you are popular. So, elections are generally determined by the candidatesâ&#x20AC;&#x2122; popularity in the area where he or she is seeking an elective ' ` = develop the culture of participating in a peaceful election by voting for people who are humanistic in nature. Â&#x2019; Â&#x2019; ~ Â&#x2018; Â&#x17D; Â? Â&#x201D; Â? Â? Â&#x2013; Â&#x17D; politicians wait until the period of Â? Â&#x201D; Â&#x2019; Â&#x17D;Â&#x2018; electorate?
Itâ&#x20AC;&#x2122;s shame! Sadly, that is the kind of orientation that we are giving to our youths. Why must politicians continue to humiliate our people during elections by distributing @ party colours? After voting for them, they disappear only to show up again few months to the next election. Rice and beans are perishable commodities. We should vote for political leaders who will appreciate that our lives need transformation too. Â?Â? Â&#x2019; ~ and wait for another three or four years to collect another round of
Â&#x2019; ~ Â&#x2014; Â&#x2018; Â&#x2018;Â? vote for politicians who can Â? Â&#x2018; Â&#x2022; Â? Â&#x2019; Â&#x17D;
Â? Â&#x2018;Â&#x17D; How do you view the Â&#x17D; Â&#x2019; Â? Â? Jonathan as the sole presidential candidate of the PDP? + @ = @ ` " @ it is good for democracy. Even if President Jonathan would defeat other interested aspirants, it would the primary. A blanket endorsement is not healthy for democracy. I am sure that not all members are pleased
the Speaker of the House of Â&#x2018; Â? Â&#x2122; Â&#x17D; Â&#x17D;Â&#x201D; Â? Â&#x17D; Â&#x201D; April 26, 2015 gubernatorial election Do you think President Jonathan under the APC?
Â&#x17D; I am not surprised. He became In terms of achievements, I will say a Speaker through an alliance that Â&#x201C; = was brokered by the defunct Action witness political assassination. His Congress of Nigeria (ACN), Congress
; for Progressive Change (CPC), All though corruption was rife, President Nigerian Peoples Party (ANPP), and Jonathan did not unleash the power the All Progressives Grand Alliance $ + *;>];8 Â&#x2026; *$++ 8 ><> Â&#x2026; adversaries as former President any of the events called to endorse Olusegun Obasanjo did. President Jonathan for a second term. Tambuwal is an APC member at Are you surprised that heart. with this development. Such a process can provoke protest votes by aggrieved parties.
59
Saturday Newswatch, October 25, 2014
Business & Economy
Negative undercurrents trail US rejection of Nigeriaâ&#x20AC;&#x2122;s crude
Nigeria crude oil, one of the worldâ&#x20AC;&#x2122;s most sort after oil is currently facing a threat as the United States of America (USA), the second largest importer of the oil considers a stop to the importation of Nigeriaâ&#x20AC;&#x2122;s oil. This is even as Nigeriaâ&#x20AC;&#x2122;s economic and developmental budget depends on the sales of oil. ABIODUN AWOGBEMI writes.
N
igerians have been unsettled following the declaration by the United States of America (USA) to stop importing Nigeriaâ&#x20AC;&#x2122;s crude oil anytime from the first quarter of 2015. The disclosure jolted the government as well as the citizens as Nigeriaâ&#x20AC;&#x2122;s economy depends heavily on the sales from crude oil exportation, just as it also provides a big hole for anti-graft, corruption as well as smuggling and bunkering. Stakeholders in the economy have over the years advocated diversification of the economy from overdependence on crude oil to solid minerals and agriculture which was the mainstay of the economy before the discovery of the oil in Oloibiri town. The Organised Private Sector (OPS), in its advocacy for diversification, organised a conference with the theme, Promotion and Development of Solid Minerals Exploration and Exploitation: A Veritable Strategy Towards Economic Diversification, said it was seeking a way to reduce the countryâ&#x20AC;&#x2122;s overwhelming dependence on oil and create a diversified springboard for steadier, sustainable growth and development. The OPS stated that â&#x20AC;&#x153;It is universally acknowledged that the ability of a nation to generate foreign exchange determines the strength of the nationâ&#x20AC;&#x2122;s currency and the economy, especially where the sources of the foreign exchange are diverse, and not from a single product as is the case of Nigeria.â&#x20AC;? According to an entrepreneur, Mr. Davis
Elochukwu, Nigeriaâ&#x20AC;&#x2122;s economic, political and infrastructural development depend on the crude oil benchmark of the yearly Appropriation Bill. â&#x20AC;&#x153;Last year, a controversy ensued between the Executive arm of government and the National Assembly as to the benchmark on which the budget should be based which led to the delay in the Presidentâ&#x20AC;&#x2122;s assent to the budget as well as its passage by the Assembly. Under the 2014 â&#x20AC;&#x201C; 2016 Medium Term Expenditure Framework and Fiscal Strategy Paper (MTEF/FSP) submitted to the National Assembly in September last year, the executive had proposed $74 per barrel as the 2014 budget benchmark. An understanding was reached between both arms of government. Consequently, a joint Senate and House Committee of Finance and Appropriation, raised the benchmark to $76.5 per barrel. The upper chamber (the Senate) kept to the understanding and subsequently passed the MTEF/FSP, while the House raised the benchmark to $79 per barrel, an action that unsettled the executive arm and led to an impasse. President Goodluck Jonathan was billed to present the 2014 budget proposal on November 12, but had to postpone the action by one week to Tuesday November 19 due to the disagreement on which price per barrel of oil be the benchmark. At the end, the conference committee of the National Assembly assigned to resolve the impasse finally adopted $77.5 per barrel as the oil benchmark for the budget. The OPS had therefore, said that the â&#x20AC;&#x153;experience from the budgeting process since the beginning of the current democratic dispensation underscores the need for Nigeria to evolve a veritable and efficient budgeting procedure. Therefore, yearly delays associated with the release of the Federal budget often dislocate business plans and the direction of the economy.â&#x20AC;? Not only the OPS is concerned about the overdependence on oil and delayed budget, other stakeholders in the economy are also concerned. A manufacturer, Mr. Tade Ojelabi, told Saturday Newswatch that manufacturers depend on the budget to operate since most
of the raw materials used for production in the country are imported as local raw materials are not enough. The manufacturer opined that since US is one of the major buyers of Nigeriaâ&#x20AC;&#x2122;s crude oil, its withdrawal will adversely affect the preparation of the budget even as it is expected to kick-start early in 2015, the Nigeriaâ&#x20AC;&#x2122;s election year, with all manners of election activities expected to drain governmentâ&#x20AC;&#x2122;s purse. Oil industry watchers are of the opinion that piracy will increase in the Gulf of Guinea as Nigeria prepares for election in February 2015 because lots of money will be needed to sustain the ongoing campaigns. Saturday Newswatchâ&#x20AC;&#x2122;s investigation revealed that less than two weeks before Nigeriaâ&#x20AC;&#x2122;s December export cargoes start coming to market, nearly 40 cargoes of its November-loading are still available for purchase out of a total of 63 originally offered. A trader who prefers anonymity stated that Angolan cargoes sold faster than Nigeriaâ&#x20AC;&#x2122;s, with relatively robust demand from Asia for the distillate-rich crude. Already, the price of crude oil which is unstable has during the week crashed from over $90 to $89.74 per barrel at the global oil market, thus sending intense fear of possible further fall in the price of the commodity. The prices of other crude oil grades, including Brent which is usually used to benchmark the prices of Bonny light and others also crashed from over $93 to $92.31 at the volatile market. Market watchers said there was every reason to fear, as the latest price was only $15 in excess of the $77.5 per barrel reference price of Nigeriaâ&#x20AC;&#x2122;s 2014 budget. A senior official of Financial Derivatives Company Limited, Mr. B.J. Rewane, stated that oil prices would continue to fall, and this will affect the 2015 budget. But some are of the opinion that Nigeria need not lose sleep over US stoppage of oil importation from Nigeria as other countries will continue to buy. According to a gas and oil analyst, Mr. Sunday Kudeinbu, the product is a global trade, in which case if a country stop importation of a product another country will key-into the product, he said the issues is soldier go, soldier come but
We need not loose sleep over the threat, the issue is soldier go, soldier come but the barracks remain, Nigeria is not a dumb country; it would have been making its permutation and adjustment after all, over the years. The budget is always not exactly predicated on the exact crude oil price, but given a little allowance so that its @ F G G HH F the budget the barracks remain. â&#x20AC;&#x153;We need not loose sleep over the threat, the issue is soldier go, soldier come but barracks the remain, Nigeria is not a dumb country, it would have been making its permutation and adjustment after all, over the years, the budget is always not exactly predicated on the exact crude oil price but given a little allowance so that its fluctuation will not affect the budget. The price is always in-between so that if it increases, the shortfall will be in reserve and if it fall the budget will still be safe as it cannot fall to the benchmark used in preparing the budget so there is no cause for alarmâ&#x20AC;? The Nigeria officials have not really commented on the threat stoppage, but feelers indicate that the oil industry is working round the clock to ensure there wonâ&#x20AC;&#x2122;t be any backlash.
60
Saturday Newswatch, October 25, 2014
Business & Economy
Nine months after NIS recruitment tragedy, whither FGâ&#x20AC;&#x2122;s promises that the President deceive the nation. Festus alleged that it is possible
" ' servants may have converted the available slots to their family members, as a result " circle. In his words, â&#x20AC;&#x153;This is Nigeria. Do not be surprised that the available spaces = =
" ' Â&#x201C;= election campaigns start, who will be talking about Nigeria Immigration Service botch employment? + " = = Nigerians, as a peaceful protest took place = Â&#x201C; = issue. < Â&#x201C; = = n February, Nigerian Immigration indigene of Edo State who took part Service (NIS) carried out a failed in the botch exercise showed their recruitment exercise where about 50 displeasure that nine long months has people were reported dead, including gone by, without any information from pregnant women, across various stadia, in = + various state capitals. Government to address the failed On March 19, 2014, President Goodluck recruitment exercise. V The protesters which included the angry Nigerians when he compensated injured survivors and family members of the families of the unfortunate victims the dead applicants had many placards with far reaching promises. with various inscriptions. Some of the The promises include three employment placards read: â&#x20AC;&#x153;We are traumatized; slots for each of the families of those who immigration victims still without jobs; lost their lives in the stampede; applicants please allow the souls of the departed who sustained various degrees of injury victims to rest in peace; Mr. President, be given automatic employment while = Â&#x2039; > government also promised to pick their Goodluck Jonathan, we are still waiting.â&#x20AC;? medical bills. Others read, â&#x20AC;&#x153;President Goodluck The government also ordered the Jonathan, please do not forget us. Victims immediate refund of payments made by of NIS still await your promises; how long applicants, which media and National are we going to wait for the promises to Assembly reports put at over N50 billion. President Goodluck Jonathan went a The leader of the protesters, who [ ; ; by the Chairman, Federal Civil Service disclosed that he lost his dear wife to the Commission, Mrs. Joan Obua, to assist stampede at the famous Ogbe Stadium, government implement the directives. Â&#x201C; = Findings by Saturday Newswatch Amu said his wife left behind three showed that Mrs. Joan Obua was the children, adding that he and his kids had > = on Immigration Recruitment, set up by of his wife. Jonathan to work out modalities for the He disclosed that he had paid many compensation of the families of those `Z ' applicants who died during the failed Edo State capital without success, as immigration recruitment exercise across = " the country. have any information on the failed An applicant who was lucky to survive employment exercise. the stampede at the National Stadium, In his words, â&#x20AC;&#x153;I saw my wife fell due X = + told Saturday Newswatch, recently in Lagos that they are yet to receive any information since the President cancelled the failed recruitment exercise. He disclosed that he sustain a minor injury in the exercise, as he fell while trying to gain entrance into the stadium, and other applicants treaded on him. In his words, â&#x20AC;&#x153;I was one of the lucky applicants who survived the tragedy as I was pushed to the ground as a result of the rampaging crowd. Other applicants stepped on many of us who fell. I had wounds all over my body. â&#x20AC;&#x153;Since President Jonathan announced the cancellation, I have not heard any news from the Nigeria Immigration Service. I am however, grateful to God that I survived the tragedy as many other applicants died in their bid to secure employment.â&#x20AC;? He expressed his surprise that nine months after, nothing has happened to
} > " According to him, this is only possible in Nigeria, asking why it must take = = > " `
Nine months after many applicants were killed while undergoing the Nigeria Immigration Service (NIS) recruitment test at various centres, the survivors have Â&#x20AC; Â Â&#x201A;Â&#x192;Â&#x201A;Â&#x201A; promises made by the Federal Government. JOHNMARK UKOKO reports.
I
This is Nigeria. Do not be surprised that the available spaces may J K relations of governmentâ&#x20AC;&#x2122;s L GO GH F L % J time election campaigns start, who will be talking about Nigeria Immigration Serviceâ&#x20AC;&#x2122;s botch, employment?
Minister of Interior, Abba Moro to the pushing at the stadium gate. I ran to assist her; many NIS operatives at the stadium also help to revive many victims who fell. I rush my wife to the hospital, but she was pronounced dead at the hospital. Some other applicants also Â&#x201C; Â&#x161; have not heard anything as regards the
" When contacted, the Public Relations &' `Z $ @ & only the chairman, Federal Civil Service Commission, Mrs. Joan Obuah, who can comment on the issue. ! ' = employed, he denied comment. Many respondents who spoke to Saturday Newswatch berated the Federal Government for its inability to ensure the families of the dead applicants put the ugly incidents behind them by giving them jobs. They say it is sad that the government could not pick the bills of the injured applicants, adding that such failed promises will only go a long way to make Nigerians not to trust the sincerity of the authorities in the future. They say the fact that the consultant who collected about N50 billion, from applicants, was yet to refund the amount to the applicants, showed that powerful Nigerians close to the corridors of power were behind the private agency that conducted the botched exercise. According to one of the source, â&#x20AC;&#x153;The fact that the government failed in his promise to pay the medical bills of the injured applicants, show the type of the country we are in. Do you think the billions of naira the consultant was alleged to have collected from the applicants is still intact? â&#x20AC;&#x153;The consultant and his backers ought to have been in jail by now. If after nine long months we are still waiting for
are in trouble.â&#x20AC;? Many Nigerians appealed to the government to create a conducive atmosphere to enable the private sector and individuals to create jobs for Nigerians, adding that high rate of unemployment led many Nigerians to scrabble for few openings in
" It would be recalled that over 450,000 applicants vied for the mere 5,000 places at NIS, resulting in the stampede across various recruitment centres.
CBN warns microfinance banks over high interest rate Johnmark Ukoko
A
s local businessmen continued lament high interest rate from the commercial banks, and lack of long term credit facilities to fund long term projects, succour appears to be in the horizon. This is as the Central Â&#x201C; @ * Â&#x201C; 8 [ + Â&#x201C; @ *[+Â&#x201C; 8 not to charge more than nine per cent interest rate, on the credit facility that the Federal Government recently channeled through the sector. Â&#x192; Â&#x201C; < [ Z Â&#x201C; [ ; Â&#x2030; who made the charge while speaking [+Â&#x201C; ; in Lagos recently, said the banks must not charge anything higher than the nine per cent government has approved. ; Â&#x2030; _[+Â&#x201C; promoters are not to charge more than
= @ } the directives would be sanctionedâ&#x20AC;?. He stressed that the credit facility is designed by the apex bank to assist promoters of small business across the country, which are shut out of the credit facilities by the commercial banks. Â&#x192; % @ ' that many small businesses have been forced to close shop as a result of lack of credit facilities, adding that the apex bank is out to address the challenges. He disclosed that the maximum amount promoter of small businesses can access from the scheme is N5million, adding that apex bank will
three years to repay their credit facilities. Â&#x192; % @ ' Â&#x201C; its power to address paucity of funds complain against by small business promotes in the country, due to the important role small business plays =" economic development. He noted that the fund if well = [+Â&#x201C; = small businesses will witness a new lease of life, as the credit facilities will impact positively on the fortune of the small businesses, adding that many Nigerians eke their living from the sector. ; Â&#x2030; of the credit facilities to ensure they pay back their loans as when due, adding that will enable many more fund. He said, â&#x20AC;&#x153;Let me appeal to the ensure they pay back their loans as at when due. The success of the scheme is about how many small businesses Â&#x192; [+Â&#x201C; must not charge more than nine per cent on the credit facility.â&#x20AC;? It would be recalled that local promoters of Small and Medium Enterprises (SMES) have over the years complain of lack of long term credit facilities from the local Money Deposit Â&#x201C; @ [ = Z[$ to shut their shop, due to lack of long term credit facilities and high interest rate from the local commercial banks. It is left to be seen the how successful this new credit scheme will go to address the age long credit facilities Z[$ contended with.
61
Saturday Newswatch, October 25, 2014
International Business
Agriculture grows Madagascar economy Eric Elezuo with Agency report
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Madagascar city
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Madagascarâ&#x20AC;&#x2122;s sources of growth are tourism, agriculture and the extractive industries. Tourism focuses on the niche eco-tourism market, capitalizing on Madagascarâ&#x20AC;&#x2122;s unique biodiversity, unspoiled natural habitats, national parks and lemur species
Madagascar President , Hery Rajaonarimampianina
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Saturday Newswatch, October 25, 2014
62
Interview Nigeria needs total restructuring â&#x20AC;&#x201C;Adesida )*+,- ./01234- 5/0451-40-67/-8)06- 49/)412-6*-:/-1;;*426/5- 4=/- 712=/..*)-42-1- 246/5- 616/0->24?/)046@, /-40-=>))/26.@-67/- 4=/- 712=/..*)A )*?*06-*+-67/ 24?/)046@-*+- ..42*40-42- 74=19*,- 7/- 25*- 616/B:*)2;)*+/00*)-125-+*)3/)- /15-*+- /;1)63/26C- ./=6)4=1. 2942//)429C- :>:1D1)- 1+1E1- 1./E1- 24?/)046@C 1>=74C-0;*D/-E467- 5/E1./- 4E1-42- ..42*40C-125>)9/5- 49/)412-./15/)0-6*-.**D-42E1)5-6*-)/06)>=6>)/67/-;*.464=1.-0@06/3-*+-67/-=*>26)@-E467-1-?4/E-6*-31D429-67/-=464F/20-71;;@C-13*29-*67/)-400>/0-)/.16429-6*67/-2164*2G0-/5>=164*2,- H=/);60I
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Â&#x2018; Â? Â&#x201D; Â&#x201D; yourself? Iâ&#x20AC;&#x2122;m Ilesanmi Adesida; I am from Ondo State. I went to high school Â&#x2039; @ came to the University of California in the United State to get my Bachelor, Masters and Ph.D. Thereafter, I went @ }= @ ; @ Â&#x192; Â&#x201C; Â&#x161; = Â&#x201C; Z As a black man, how do feel Â&#x201D; Â&#x161; Â?Â?
This is University of Illinois at Â&#x161; 150 miles away from Chicago. In ` = ; @ ` Â&#x161; Z Â&#x192; = Â&#x161; Z However, I wonâ&#x20AC;&#x2122;t look at myself as @ Â&#x2030; = Â&#x; = `
Â&#x192; = @ Â&#x161; = @@ Â&#x161; = ` Â&#x161; = ` @ = in the world. Right now, we have = # % < $ Â&#x201C; Â&#x192; Â&#x2030; = ` think there is need for government at all levels in Nigeria to invest more in ` = = # = = tertiary levels. The economic and social = = =
Â&#x2018; Â&#x2018;Â? Â&#x201D; Â? Â&#x2019; Â? Â? Â? Â? Â&#x201D; Â? Â? Â&#x201D; Â&#x2019;
Â&#x2019; Â&#x17D;
Â&#x2013; Â?
Â? Â&#x17D;Â&#x2018; $ = = =
Â? Â&#x17D; = = Â&#x2019; Â? ` = Â&#x17D; lot of things. Now, the recognition is Â&#x192; = higher than what we had. The major = ; @ = ĂŁ Â&#x192; @ Â&#x161;Z Â&#x161; = ` Z = @ = = Â&#x192; ĂŁ ` Â&#x192; @ ` = = ` = to match what is going on in the US = $ = = ` Â&#x192; = = = % = & after me to learn the way I learnt. ] # Â&#x192; Â&#x192; %
Â&#x152;Â&#x2021; = Â&#x2030; = < Â&#x2026; @ ĂŁ @ Z @ = = = $
Adesida take advantage of. Â? Â&#x2018; Â? Â? Â? Â&#x17D; > = Â&#x192; @ = = Â&#x201E; ` = Â&#x2030; = = Â&#x192; = > Â&#x2039; = @ ! = @ = = =
I think there is need for government at all levels in Nigeria to invest more in education. If you want to catch up with the world, you need a wellfunded educational system from the primary to tertiary levels
Â&#x201E; = move forward. ` know what is going with it. It does not = = Â&#x192; ^ = = = ĂŁ < = = @ĂŁ > Â&#x201E; ` = = Â&#x201E; = = = V @ # = Â&#x192; = = = investing in the society itself. ` = @ = ` = @ " @ Z [ = = = = Â&#x192; = @ ! = in Nigeria; if they are given the = = = Z ĂŁ ! = > < [ they give them the chance to do =ĂŁ [ = @ = Â&#x201C; @ Â&#x201E; = @ X @ Â&#x152;Â&#x2021; = X @ Z
Â&#x192; = its citizens. Again, we have Nigerian medical doctors who are now working here. ` ĂŁ & " = Â&#x2030; = = " @ = in Nigeria. We have many talents in ! = @
Saturday Newswatch, October 25, 2014
63
Surveillance I regret that we killed Newswatch editor, Obadina â&#x20AC;&#x201C; Suspect Festus Adeshina is a member of the armed robbery gang which allegedly killed Mr. Toyin Obadina, the deputy editor of Saturday Newswatch in February this year. In this interview with FOLAKE SOKOYA, the 25-year-old driver-turned-robber gave a graphic account of how the editor was shot by the one he called Oke, as well as how desperation to get rich quick led him into crime. Excerpts:
W
hat actually transpired between your gang and the Deputy Editor of Newswatch, Mr. Toyin Obadina in February? We were heading out of Itamaga area while he was coming in. We double - crossed him as Oke and Benjamin forcefully entered his car. I was by the wheel and saw them arguing, and suddenly there was a struggle, but before I knew what was happening, I heard a gunshot, and Oke and Benjamin came down from the manâ&#x20AC;&#x2122;s car, and we drove Who shot the man and why did he pull the trigger? It was Oke that shot the man because he was the one holding the gun. I canâ&#x20AC;&#x2122;t really say why he shot the man, but I saw the man struggling with Oke; I guess he shot him in anger because the man struggled with them. Were you interested in snatching his car? We didnâ&#x20AC;&#x2122;t have the intention of snatching cars that night; we only wanted to rob people of their valuables like laptops, wristwatches, money, phones and anything that could fetch quick cash. One of us even shot Oke in the hand for shooting the man because there was no reason to have shot Where do you live? I live in the new site at Odongunyan. Are you married? I am not married, but I have a girlfriend. How many of you went for the operation that night? We were six, but two were gunned down by the Police during an operation where they shot at the police. Which operation was that, where did it take place and what are the names of the two that were killed? It was a robbery my gang wanted to carry out in July, around Itamaga, which the Police got wind of and apprehended us though = I was taken to court, but I didnâ&#x20AC;&#x2122;t confess to being among the gang that killed that man at Ikorodu until my other members were arrested for another operation, and
mentioned that I was there. I was again re-arrested though I am still awaiting trial. I had to confess since my secret has been revealed by my gang members. When, how and why did you join the gang? I joined the gang through one guy we call Junior or Babatunde over a year ago. I was a commercial between Ogijo and Ikorodu Park, and we usually hang out together in the evening after work. It was one of those nights that Babatunde informed me that I would take them somewhere in my bus. I agreed, but said it wonâ&#x20AC;&#x2122;t be in my commercial bus because it belonged to the chairman of the park. I decided to join them because I felt robbery was a quick way of making money, and when I have money, I will also be popular in my area, and build house in no time. Did they tell you that you would take them to robbery operation? I honestly didnâ&#x20AC;&#x2122;t ask them where I was taking them to, but deep inside me, I knew it was robbery. Â?Â? Â&#x17D; Â&#x201D; Â&#x153; Â&#x201D;Â&#x201D; operation? Â&#x192; ` was when I met Oke, the gang leader. We left Ikorodu in the night around 11pm, and I was asked to just drive along Tanu Road. When they saw an opportunity to rob somebody, they ordered me to stop while Oke with Benjamin or any other member rob our victims at gun point. How many times does your gang operate in a week? We rob on a weekly basis. I canâ&#x20AC;&#x2122;t even count how many times we dispossessed people of their valuables. How do you get your guns and who buys stolen items from you? It is Babatunde that bought a gun, and he is also the one that sell bullets to me when I want to lead my gang to rob. We sell the stolen goods to one Alhaji. How much do you buy the bullets and the gun? I buy 12 bullets for N10, 000, but I donâ&#x20AC;&#x2122;t take more than four from him because he lends me the gun whenever I am going for an operation, and I return it to him
Festus Adesina
when I come back. You donâ&#x20AC;&#x2122;t look remorseful. Is it because you are determined to continue your criminal activities after serving your term? It is not so at all. In fact, I have never shot anyone since I joined the gang. I have also gone on robbery operations three times as a leader of a gang, and I only shot into the air when and if necessary just to scare stubborn victims and I donâ&#x20AC;&#x2122;t shoot more than two times. That night that Oke killed that man in Ikorodu, all the members fought him despite the fact that he is a very wicked and fetish leader. It was for the same reason that one of us shoot Oke in the hand when he wanted to shot a victim during another operation. I really regret being an armed robber. What do you do with money made from these robberies? ` } ` furnished it to my taste. How much did you spend in Â&#x2019; I spent about N305, 000 and paid about N1 million on two years house rent. You said you were a commercial bus driver before you joined the robbery gang, mention the names of the owners of the buses you were driving? I used to drive Garaje and Elebuteâ&#x20AC;&#x2122;s buses, and I have also driven Ogijo Park chairmanâ&#x20AC;&#x2122;s bus ` When did you become a Â&#x17D;Â&#x17D; Â? Â&#x2022; any school? I started driving years back after going for vulcanising apprenticeship for some months.
` " = = " me to school. How many cars have you snatched, and where does your buyer stay? Our buyer stays in Ibadan. It is the late Benjamin that has the link and contact. I also sold a Honda baby boy to Eleti who lives somewhere in Iba area of Lagos State. We had snatched six cars before I was arrested. Mention the make of the vehicles? We have snatched a Mitsubishi car which I sold to Babatunde for N48, 000. I was the one that led that particular robbery, and as my friend, I sold it that cheap to him when he said he liked the car. Others are Morano Jeep, Toyota, Honda and Xtera Jeep, a baby boy and Siena. You are the gangâ&#x20AC;&#x2122;s driver and should know where the buyer is in Ibadan, so tell us your meeting point in Ibadan? We usually wait for him along Iwo Road and he will send somebody to take the keys from us while we take a commercial vehicle back to Lagos. Does he pay cash after collecting the car keys? He sends the money into Benjaminâ&#x20AC;&#x2122;s account, and Benjamin collects the cash and gives it to Oke who shares the money to members. What is the highest amount you have ever made in your robbery career? The highest amount is N100, 000. I made it after snatching and selling the baby boy to Eleti at Iba.
Robbery suspect trailed to Osogbo, arrested at eatery Tunde Busari
I
t was an odd spectacle at a popular eatery on Obafemi Awolowo Way, Osogbo, Osun State capital when a to the Special Anti Robbery Squad (SARS) recently invaded the joint. Their mission was clear as they quietly combed every available space of the eatery in search of Johnson Michael, an interstate criminal. Working on a clue, not long afterwards, they closed in on Â&#x2020;Â&#x153;#= # out among other patrons. â&#x20AC;&#x153;I was scared at the sight of these men. They actually knew what they wanted and conducted themselves well. No harassment. No intimidation. By the time they went to the man and his girl friend, we knew he was the target,â&#x20AC;? an eye witness recalled. Saturday Newswatch gathered that the operation, leading to the arrest of Michael, followed a signal from Akwa Ibom Police Command. The command had alerted its Osun State counterpart of the presence of the suspect in the state. Police Public Relations &' Folashade Odoro, a Deputy Superintendent of Police, ^ _& Z Â Â&#x2021; Â&#x2020;Â&#x2021;Â&#x152;Â&#x2022; Â&#x2020;^Â&#x2020;Â&#x2021; information from Akwa Ibom Command that a car with registration number KTS 15 AA was snatched and driven towards Osun. â&#x20AC;&#x153;But, on October 4, 2014, the car was moved to Osun where it was recovered by the Police through intelligence gathering at Mr. Biggs area, Igbona, Osogbo.â&#x20AC;? The name of the lady in company of Michael was given as Ajilore Iyanu who the suspect has since exonerated of the crime. Michael said he only picked the 23-year-old on his way to the eatery. Recovered from him include a wine Nissan Serena (LAGOS CQ 652 LRS) and a green Peugeot 406 (ABJ 873 AU). Six laptop computers, nine mobile phones, two Sony cameras, 10 car keys and jewelleries were also recovered. â&#x20AC;&#x153;We are already making of the car-snatching gang. We criminal elements of the society. We must tell them that Osun is not a place for them,â&#x20AC;? Odoro said.
64
Saturday Newswatch, October 25, 2014
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Saturday Newswatch, October 25, 2014
65
NSE Daily Summary (Equities) at 24/10/2014 Symbol
GUINEAINS GUINNESS HMARKINS HONYFLOUR IKEJAHOTEL INTBREW INTENEGINS JAPAULOIL JBERGER LASACO LEARNAFRCA LIVESTOCK MANSARD MAYBAKER MBENEFIT MOBIL MRS MULTIVERSE NAHCO NASCON NB NCR NEIMETH NEM NESTLE NIGERINS NNFM NPFMCRFBK OANDO OKOMUOIL PORTPAINT PREMBREW PRESCO PRESTIGE PZ REDSTAREX RESORTSAL ROYALEX RTBRISCOE SEPLAT SKYEBANK SOVRENINS STANBIC STDINSURE STERLNBANK TOTAL TRANSCORP UAC-PROP UACN UBA UBCAP UBN UNHOMES UNIC UNILEVER UNIONDAC UNIONDICON UNITYBNK UNIVINSURE UPL UTC VITAFOAM WAPCO WAPIC WEMABANK ZENITHBANK
Opening Price
0.50 184.00 0.50 3.99 3.08 32.00 0.50 0.50 67.20 0.50 1.39 2.92 3.00 1.63 0.54 169.25 56.00 0.50 5.02 9.29 170.05 12.83 1.16 0.79 994.00 0.50 21.99 1.02 23.56 33.00 5.01 3.98 33.73 0.50 26.00 4.15 0.50 0.51 0.83 574.00 2.77 0.50 32.00 0.50 2.34 171.00 5.00 14.00 54.02 5.75 2.10 9.06 0.50 0.50 40.00 0.50 13.41 0.50 0.50 4.14 0.50 4.30 118.00 0.65 0.98 22.61
High
0.50 182.00 0.50 3.99 3.12 31.82 0.52 0.50 67.20 0.50 1.45 2.95 3.00 1.71 0.54 169.25 56.00 0.50 5.01 9.00 170.18 12.83 1.16 0.78 999.00 0.50 21.99 1.02 23.80 33.00 5.01 3.98 32.05 0.50 26.99 4.15 0.50 0.51 0.84 574.00 2.78 0.50 31.50 0.50 2.34 173.00 5.04 14.00 54.02 5.80 2.08 9.06 0.50 0.50 40.00 0.50 13.41 0.50 0.50 4.14 0.50 4.30 118.00 0.65 0.95 22.74
Low
0.50 180.00 0.50 3.99 2.98 30.54 0.52 0.50 67.20 0.50 1.45 2.95 2.95 1.70 0.54 169.25 56.00 0.50 5.01 9.00 170.00 12.83 1.11 0.76 999.00 0.50 21.99 0.97 23.56 33.00 5.01 3.98 32.05 0.50 25.00 4.15 0.50 0.51 0.84 574.00 2.75 0.50 31.00 0.50 2.23 173.00 4.93 14.00 54.02 5.66 2.00 9.06 0.50 0.50 40.00 0.50 13.41 0.50 0.50 4.14 0.50 4.30 115.93 0.64 0.94 22.30
Closing Price Change (+)
0.50 182.00 0.50 3.99 3.12 31.82 0.52 0.50 67.20 0.50 1.45 2.95 2.98 1.71 0.54 169.25 56.00 0.50 5.01 9.00 170.00 12.83 1.11 0.76 999.00 0.50 21.99 0.97 23.56 33.00 5.01 3.98 32.05 0.50 26.99 4.15 0.50 0.51 0.84 574.00 2.75 0.50 31.00 0.50 2.23 173.00 5.00 14.00 54.02 5.66 2.00 9.06 0.50 0.50 40.00 0.50 13.41 0.50 0.50 4.14 0.50 4.30 115.93 0.65 0.94 22.59
0.00 -2.00 0.00 0.00 0.04 -0.18 0.02 0.00 0.00 0.00 0.06 0.03 -0.02 0.08 0.00 0.00 0.00 0.00 -0.01 -0.29 -0.05 0.00 -0.05 -0.03 5.00 0.00 0.00 -0.05 0.00 0.00 0.00 0.00 -1.68 0.00 0.99 0.00 0.00 0.00 0.01 0.00 -0.02 0.00 -1.00 0.00 -0.11 2.00 0.00 0.00 0.00 -0.09 -0.10 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -2.07 0.00 -0.04 -0.02
% Price Change
0.00 -1.09 0.00 0.00 1.30 -0.56 4.00 0.00 0.00 0.00 4.32 1.03 -0.67 4.91 0.00 0.00 0.00 0.00 -0.20 -3.12 -0.03 0.00 -4.31 -3.80 0.50 0.00 0.00 -4.90 0.00 0.00 0.00 0.00 -4.98 0.00 3.81 0.00 0.00 0.00 1.20 0.00 -0.72 0.00 -3.13 0.00 -4.70 1.17 0.00 0.00 0.00 -1.57 -4.76 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -1.75 0.00 -4.08 -0.09
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
40,000 3,770,765 1,000,000 139,758 3,191,600 2,026,434 50,530 2,599,332 86,183 160 115,855 511,645 1,207,028 252,273 1,177,700 15,748 100 950,000 265,724 569,100 1,618,898 694 397,345 2,004,443 39,682 40,500 25,000 767,000 1,781,446 37,150 5,000 11,087 813,078 885,641 1,536,523 97,500 200,000 700,000 317,660 1,537 1,122,478 1,000 9,360,409 5,000 19,185,130 33,978 20,073,190 129,844 138,745 13,232,270 2,122,515 223,168 40,522 3,774 215,904 600,000 100,000 5,158,100 1,182,550 53,899 61 370,895 1,444,136 4,303,775 2,424,482 15,687,721
Value
20,000.00 686,122,624.00 500,000.00 546,215.38 9,943,078.00 62,207,288.00 26,270.30 1,299,724.25 5,230,452.00 80.00 161,627.11 1,504,731.38 3,599,311.00 430,886.84 635,958.00 2,680,568.00 5,320.00 475,000.00 1,337,304.50 5,129,355.00 275,289,056.00 8,904.02 448,584.31 1,544,426.00 39,297,292.00 20,250.00 522,500.00 755,190.00 42,091,372.00 1,164,667.50 25,100.00 42,019.73 26,059,150.00 442,840.50 38,873,156.00 401,965.00 100,000.00 357,613.19 266,834.41 863,677.00 3,106,642.00 500.00 294,724,320.00 2,500.00 44,658,824.00 5,873,409.00 100,789,984.00 1,813,283.38 7,396,427.50 75,593,984.00 4,304,853.00 2,021,024.38 20,261.00 1,887.00 8,376,365.50 300,000.00 1,274,000.00 2,579,050.00 591,275.00 206,466.20 30.50 1,566,302.50 169,580,384.00 2,794,482.75 2,291,301.00 354,137,248.00
66
Saturday Newswatch, October 25, 2014
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Saturday Newswatch, October 25, 2014
Sports Update La Liga: Madrid take on Barca in El Clasico clash
Eagles recall Haruna, Obasi U
R
eal Madrid take on Barcelona today in $ of the season, with Luis Suarez making his eagerly awaited debut - live on Sky Sports 5. The rivalry between the two clubs makes this the biggest game in world football, but even more eyes will be on the Bernabeu this weekend with the galaxy of stars coming up against each other in one of the most talked about El Clasicoâ&#x20AC;&#x2122;s in = % Barcelona new boy Z Â&#x201E; = face Real at the Bernabeu after serving his fourmonth ban for biting Italyâ&#x20AC;&#x2122;s Giorgio Chiellini at the World Cup. Barca coach Luis $ former Liverpool star will make his debut, and - if he starts the match - he is likely to line up alongside Lionel Messi and Neymar Â&#x201C; " deadly-looking front three. Messi is excited at the prospect of linking up with Uruguay star Suarez for â&#x20AC;&#x153;We are excited for Luis to play because he will add his strength to the team,â&#x20AC;&#x2122; said Messi. â&#x20AC;&#x153;Iâ&#x20AC;&#x2122;m happy for him because he has spent a The game pits the two best players in the world against each other with Messi leading Barcelona and Cristiano Ronaldo the key man for Real. Messi could make yet more history on Saturday Â&#x2030; adrift of Telmo Zarraâ&#x20AC;&#x2122;s record of 251 goals in Z } and achieving the record 7 would make it all the more special. Ronaldo, who has scored 15 goals in seven La Liga this season, has played down talk that the match will be decided between himself and Messi. _` ' match because Barcelona are playing well,â&#x20AC;? said Ronaldo â&#x20AC;&#x153;Iâ&#x20AC;&#x2122;m not going to play against Messi, Iâ&#x20AC;&#x2122;m going to play against Barcelona.
â&#x20AC;&#x153;They are a great team. Real Madrid and Barcelona are playing each other.â&#x20AC;? The World Cupâ&#x20AC;&#x2122;s top scorer James Rodrigiuez $ Clasico after his big money to Real from Monaco in the summer Barcelona go into the game still unbeaten in La X the table four points clear of Real and a win would @ to clinch the title. ; @# # back defeats in La Liga to Real Sociead and Atletico Madrid in the opening three weeks of the season, Real have embarked on an eight-game winning run in all competitions. Ronaldo has been the inspiration in that winning run with the Ballon dâ&#x20AC;&#x2122;or winner having scored a staggering 21 goals already this season. Barcelona did the double over Real in La Liga last season winning 2-1 at the Camp Nou before prevailing 4-3 in the Bernabeu. Â&#x2026; 7 Â&#x2030; = some revenge when they beat their Catalan rivals 7 = 2-1 thanks to Gareth Baleâ&#x20AC;&#x2122;s stunning winner. Real will have to do without Bale this weekend as the Welshman is @ muscle strain which forced him to miss the midweek Champions League win over Liverpool. Real are also sweating @ = defender Sergio Ramos after he missed the trip ; problem and if he fails to recover in time Pepe will continue in central defence alongside young Frenchman Raphael Varane. Barcelona boss Luis $ Â&#x2030; = worries to contend with ahead of the game with his biggest dilemma whether or not to start Suarez from If Suarez starts Pedro is likely to drop to the bench with El Clasico veteran Xavi also set to be among the substitutes.
k i b d kraine-based Lukman Haruna and Chinedu Obasi will be among the several other players who will be recalled by Nigeria for next monthâ&#x20AC;&#x2122;s ;+ & against Congo and South Africa. Manchester City starlet Kelechi Iheanacho, Obafemi Martins and Ikechukwu Uche have already been widely linked with a return to the Eagles after they were overlooked by former coach Stephen Keshi. Lukman Haruna of Dynamo Kiev and Schalke 04 forward Obasi have been added to the growing list of players who will be given another chance by the African champions.
â&#x20AC;&#x153;Amodu â&#x20AC;&#x153;A d will ill k keep the core of the squad Keshi has worked with = of those who have not been part of the set-up for some time now will be ' informed AfricanFootball. com â&#x20AC;&#x153;Lukman Haruna and Obasi among those to be so recalled as well.â&#x20AC;? [ Â&#x2026; Â&#x2030; Ukrainian club recently, but the class of the former captain of the Nigeria U17 and U20 teams has never been in doubt. The former Monaco ace last featured for the country at the 2010 World Cup in South Africa. Obasi, on the other hand, was recalled by Keshi in September
Haruna ;+ & but an administrative hitch involving his German Bundesliga club
prevented his Eagles. The newly appointed $ ' ; Â&#x2030; meeting on Monday.
Enyeama urges CAF to cancel AFCON 2015 ...as Ebola fears grow across the continent
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Enyeama
igeria goalkeeper, Vincent Enyeama, is adamant that the Africa Cup of Nations should not go ahead due to the threat of the deadly Ebola epidemic spreading. The Lille of France keeper was forthright in his assessment of the situation and pleaded with the Confederation of African Football (CAF) to cancel the
tournament in Morocco. Speaking after his club side drew 0-0 with Everton in the Europa League on Thursday, the 32-year-old stopper said: â&#x20AC;&#x2DC;I really wish it doesnâ&#x20AC;&#x2122;t happen with all the people that will be moving around. $ = that he was fearful of the spread of the Ebola virus, which has killed almost 5,000 people across west Africa, and
added: â&#x20AC;&#x2DC;Itâ&#x20AC;&#x2122;s risky for everyone because you go to Africa and then everyone is hugging you and shaking you, and what can you do? Youâ&#x20AC;&#x2122;re at risk. â&#x20AC;&#x2DC;But if it happens I will play, if we qualify,â&#x20AC;&#x2122; he told Daily Mail of UK. Nigeria are currently third in Group ; pool for the tournament - only the top two and the best third-placed teams will make the tournament.
Djokovic welcomes baby boy Stefan
N
@ <Â&#x2030; @ a proud father. The top-ranked tennis player tweeted Wednesday that he and his wife, Jelena, were celebrating the birth of  = named Stefan. â&#x20AC;&#x153;Stefan, our baby angel ÂŽ <Â&#x2030; @ Â&#x192; = Wednesday. â&#x20AC;&#x153;Iâ&#x20AC;&#x2122;m so proud of my beautiful wife Jelena! Thank you so much for your love and support. We love you all!!!â&#x20AC;? On his website, <Â&#x2030; @ _ passed in the best way, and the baby and the RTS, Serbiaâ&#x20AC;&#x2122;s state TV, <Â&#x2030; @ " wife gave birth on Tuesday in Nice, France, close to where they reside in Monaco. The new parents met in high school, and they have been together for more than eight years. The couple married on
July 10, four days after <Â&#x2030; @ ! by beating Roger Federer <Â&#x2030; @ website that he intends to play at the Paris Masters next week where he will try to defend the title + " challenge for the year-end No. 1 ranking. The Serbian said he will spend â&#x20AC;&#x153;several days with the baby and wife Jelenaâ&#x20AC;? before travelling to Paris. His Serb compatriot and leading womenâ&#x20AC;&#x2122;s player Ana Ivanovic has known <Â&#x2030; @ and said it was â&#x20AC;&#x153;great news.â&#x20AC;? â&#x20AC;&#x153;I actually found out this morning after I woke up, and I was really thrilled for them,â&#x20AC;? said Ivanovic, who is playing the WTA Finals in Singapore. â&#x20AC;&#x153;Itâ&#x20AC;&#x2122;s one of the best moments you can have in life. I got goose bumps. Itâ&#x20AC;&#x2122;s really thrilling, and Iâ&#x20AC;&#x2122;m really happy for them.â&#x20AC;?
Djokovic & wife
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Saturday Newswatch, October 25, 2014
Sports Update Falcons talk tough ...
A
fter showing South Africa the exit in the ; Women Championship (AWC), Super Falcons of Nigeria have spoken of their total determination to beat their arch rival Cameroon Z = the Sam Nujoma stadium in Windhoek, Namibia. Z + [ &'cer Gracious Akujobi sounded out some of the players on their preparedness to win the title for a record seventh time and the responses she got was that of a group ready to do their country proud as their _ cannot stop usâ&#x20AC;? .Read on. ONOME EBI :It will be a very sweet revenge. All I have = game is we are going all out for victory, I donâ&#x20AC;&#x2122;t care the score line all Iâ&#x20AC;&#x2122;m thinking and going for is the 3point and victory. OSINACHI OHALE :I was not part of the team that lost 2 years ago but we are sure going for victory.Nothing more than victory. ASISAT OSHOALA : two years ago at the 3rd place match we lost to Cameroon in a match we thought we would have salvaged something.I am thinking revenge.I think itâ&#x20AC;&#x2122;s good to meet them again back to back just like what happened with South Africa,so I think we will
South Africa.We will win but I donâ&#x20AC;&#x2122;t know by what score line. DESIRE OPARANOZIE : I am not exactly thinking revenge because I donâ&#x20AC;&#x2122;t see them stoping us.The team I feared before we arrived for the AWC was South Africa but that is done and dusted ! = out victorious,we will win the trophy,I canâ&#x20AC;&#x2122;t say this is the exact scoreline but I know we are winning. FRANCISCA ORDEGA :We will win the match against Cameroon.They cannot stop us just as South Africa did not stop us. NGOZI EBERE: We cannot Cameroon. We are ready for them and I want to promise Nigerians that the Super Falcons will return to the country with the cup. There is no stopping us now. UGO NJOKU: Cameroon
Nkwocha
they know that we know how to handle them. They will be tough and will want to beat us and win the AWC for the
them room to get any where near the trophy. Cameroon will fall by the grace of God. NGOZI OKOBI: Having worked so hard to reach Cameroon to spoil things for us. We are focussed and will
the cup and go to the world cup in Canada as the queens of Africa. in 2012 they beat us in the third place match, it is our turn to revenge and they must lose. ESTHER SUNDAY: All I know is that I will play my heart out to ensure that we get a good result on Saturday. We are determined to beat them and reclaim the title. We know it will not be easy because it also be ready for them. No tension, we shall win. PRECIOUS DEDE: By Godâ&#x20AC;&#x2122;s grace we shall win the cup. All we need to do is to raise our game and not underrate the Cameroon. We have to play our game to win. IBUBELEYE WHYTE : I will try to shut them out by ensuring that they do not score but that is if I get the nod ! our best to get a result that will win the cup for Nigeria. I donâ&#x20AC;&#x2122;t care by what scoreline we win, all I want is the trophy. HALIMAT AYINDE: Cameroon are in trouble, we shall beat them and win the cup. It is vengeance time for us. I will lift my game to help Falcons to reclaim the title. CHUKWUNONYE JOSEPHINE : Cameroon cannot stop my dream of being African champion. We shall raise our game to ensure that @ } from them. They beat us the last time we met at AWC in the third place game. Though we beat them 1-0 in a friendly in Abuja early this year, we know it wonâ&#x20AC;&#x2122;t be easy but we shall win. CECILIA NKU : The next day 26th is our birthday Â?Z " *Â&#x192; ' and Ceciia share same birth 8 Â&#x192; day gift than the trophy.By Godâ&#x20AC;&#x2122;s grace we will win. SKIPPER EVELYN NWABUOKU I have told my team mates that it is the title or nothing else. We are primed to reclaim the trophy we lost two years ago. We have reached this stage by the grace of God and with total commitment of the other players, we shall win the cup for president Goodluck Jonathan and as a welcome on board the NFF for our new president Amaju Pinnick.
Oshoala,Oparanozie battle in AWC goals race
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igeriaâ&#x20AC;&#x2122;s Desire Oparanozie and Asisat Oshoala are among the front runners for the top scorersâ&#x20AC;&#x2122; award at the 2014 African Womenâ&#x20AC;&#x2122;s Championship in Namibia. The En Avant de Guingamp of France striker & Â&#x201E; four goals and she is the leading scorer, while Rivers Angels emerging star Oshoala has found the back of the net in Namibia three times. Others who are in contention for the top prize are Cameroonâ&#x20AC;&#x2122;s Gaelle Enganamouit g
and Cote dâ&#x20AC;&#x2122;Ivoireâ&#x20AC;&#x2122;s Vino Ines Nâ&#x20AC;&#x2122;Rehy Tia, who have each scored three goals. Tia scored four goals two years ago in Equatorial Guinea. South African great Portia Modise is on two goals as well as Ivorian Jose Nahi. All of them have chance to add to their tally as they all have a game to play on Saturday. Genoveva Anonma of Equatorial Guinea was the top scorer of the last edition of the competition with six goals.
Oshoala
Copa Lagos cleans up Island beaches
F
urther to its corporate social responsibility, Kinetic Sports, organizers of the international beach soccer tournament, Copa Lagos, is organising its annual â&#x20AC;&#x2DC;Clean The Beachâ&#x20AC;&#x2122; day out this Saturday 25th October, 2014. â&#x20AC;&#x2DC;Clean The Beachâ&#x20AC;&#x2122; is designed to encourage maintenance of clean and sanitary beaches and pleasant waterfronts, and is one of a series of events leading up to the 2014 edition of Copa Lagos. Clean The Beach will
be a clean-up morning out at the Eko Atlantic City Beach, with diverse celebrities, including celebrated local and international sports stars, corporate executives, ' " Â&#x152;Â&#x2019;Â&#x2018;Â&#x2021;Â&#x201C;$Â&#x192; First City Monument Bank (FCMB) joining other beach soccer enthusiasts in gathering waterfront garbage and waste material from the Eko Atlantic City waterfront. Clean The Beach will be a fun morning out, a prelude to Copa Lagos, Nigeriaâ&#x20AC;&#x2122;s highly entertaining international beach soccer festival,
holding this year at the Eko Atlantic City, Victoria Island, from 12th to 14th December 2014. Copa Lagos 2014 will feature FC Barcelona Beach Soccer Team, with three of the biggest Nigerian clubs, including Enyimba FC, scheduled to play in The FC Barcelona Challenge.
Giwa resumes at NFF ....Set up new committees Martins Odiete,
Dedevbo makes FIFA Coach of theYear nominees
T
he Federation of International Football Association has released the shortlists for the 2014 FIFA Coach of the Year for Women shortlists with Nigeria Womenâ&#x20AC;&#x2122;s Under-20 coach, Peter Dedevbo making the cut in the ten-man list. The roll was compiled = +`+;" Womenâ&#x20AC;&#x2122;s Football and a group of experts from
Dedevbo
France Football. Under the guidance of Dedevbo, Nigeria went within inches African nation to become womenâ&#x20AC;&#x2122;s world champions after losing to Germany 1-0 in the
+`+; Â&#x161;#Â&#x2020;Â&#x2021; Womenâ&#x20AC;&#x2122;s World Cup in Canada. He also boasts a strong connection with the many young stars of Nigerian womenâ&#x20AC;&#x2122;s football, having also coached the U-17 national team at Azerbaijan 2012 prior to @ with the Super Falconets at Canada 2014. The named will be pruned to three on December 1, 2014 while the winner will be announced at the Fifa Ballon dâ&#x20AC;&#x2122;Or Gala on 12 January 2015.
1960Bet is lead sponsor of Copa Lagos 2014, and Eko Energy Estate under Orlean Invest will be venue sponsors. FCMB & Pepsi have maintained their dependable support and sponsorship of Copa Lagos since its inception. Cool FM & Eko Atlantic also continue to be invaluable supporters.
T
he newly installed president of the Nigeria Football Federation, Ambassador Chris Giwa and his board members have immediately taken charge of activities at the NFF secretariat. Â&#x201C; yesterday, one of the board members, Yahaya Adama said their decision not to have taken over since the September 19 ruling that so empowered them was to allow for peace. Adama also said it has followed with keen interest some of the actions taken by the Pinnick led faction especially as it concerns the sacking of the former coach of the Super Eagles, Stephen Keshi describing it as a wrong decision capable of derailing the team with two games left in the qualifying series against Congo and South Africa. _ Â&#x192; all decisions taken by the Amaju Pinnick team that had usurped the NFF since the 30th September. All = the said illegal NFF board
are dissolvedâ&#x20AC;?. The Giwa led faction also to assist in the running of the game till the end of the season. Â&#x192; Â&#x2039; Match Commissioners = Adama Yahaya, the Referees = Z Muazu, Disciplinary = Â&#x201C; `=@ Igbokwe and the Appeals = Â&#x201C; Leye Adepoju. Â&#x192; inaugurated on Monday at the secretariat of the Nigeria Football Federation. You may want to recall that a Federal High Court in Jos presided over by Justice Ambrose Alagoa had Â&#x192; = elective Congress of the NFF in Warri, Delta State which produced another faction led by Amaju Pinnick.
Giwa
Saturday Newswatch www.mydailynewswatchng.com
-Tradition built on Truth
Vol. 02, No. 93
Saturday, October 25, 2014
S
ince June this year, the price of crude oil in the international market had been trending down ward - from a high of nearly $110 per barrel at the peak, to $86 per barrel for our Sweet Bonny Light as at this week. To me, it is essentially no news, and I am surprised it is making the headlines. What is newsy about an event that is cyclical and predictable? First, the prices of all commodities go up and down, and you may say this is about 25% decline from the peak; and so what? Have we not had 50% decline! Sometimes, much more precipitous than this one! In 2008, we went from $140 to $40 in a matter of days. That is about 250% decline, if I still remember my elementary mathematics. That was newsworthy if you ask me, not 25 % decline over nearly four months. To be sincere, if it is news at all, then it is good news! From a global perspective, it must be good news that a commodity that generally contributes to the cost of doing business, and affects global pricing levels is coming down in price. This will have a salutary effect on industrial output and temper inflationary pressures. It will stimulate more investments and expand opportunities for job creation. In a global economy where unemployment has been at a high rate since the global economic crisis of 2008-2009, any significant event that will promote job creation must be good news. Indeed consumers of petroleum products all over the world will find the development interesting because I do not know anybody who will not feel good to pay less for gasoline and other petroleum products. And to be true, it is not only the gasoline or petroleum products that will go down, many other products and services where significant energy is expended will benefit from the drop, especially if the decline lasts long enough, which I hope it does. Now, if it is bad news, then it must be bad news for Nigeria and Nigerians. It is a big shame that any time the price of oil drops, even for a week, Nigeria begins to tremble and quake. Governor Babatunde Fashola announced recently that Nigeria is broke. Actually, I was surprised that he was the one to break the news to us. At a government empowerment programme in Lagos recently, he veered off course to announce to the bewildered youths and women that our country was broke. Evidence? His Commissioner for Finance called him or he called his Commissioner for Finance (whichever) who had gone to Enugu to share the Federation â&#x20AC;&#x2DC;bootyâ&#x20AC;&#x2122; just told him that they were asked to go home; that there was no money in the national kitty. Indeed, some rumour had it that those who insisted on taking something home were advised to go the Onyeama Mines and fill their â&#x20AC;&#x2DC;Ghana must goâ&#x20AC;&#x2122; bags with pieces of coal. I do not know if this rumour is true and as at press time, my â&#x20AC;&#x2DC;field reporters â&#x20AC;&#x2DC; could not get Governor Chime of Enugu State to confirm or deny the authenticity of the report. Now the issue of the rumour is by the way. The verifiable story was that the finance commissioners of
N200
WORDS ON MARBLE Politics are almost as exciting as war, and quite as dangerous. In war you can only be killed once, but in politics many times. â&#x20AC;&#x201C; Winston Churchill, British statesman (1874-1965)
Entrepreneurial Paradigm Sam
Ohuabunwa
(OFR)
samohuabunwa@gmail.com
Declining oil prices: Good, bad or no news at all? the 36 states and the FCT (hopefully) were asked to go back empty handed, that there was no money to be shared. The way Fashola broke the news, it is not difficult to figure out that he felt disappointed. Perhaps, some government cheques had been written awaiting the â&#x20AC;&#x2DC;alertâ&#x20AC;&#x2122; so they could be signed and released. Now if a state like Lagos that is reputed to generate so much internal revenue (IGR) that it can do without the â&#x20AC;&#x2DC;Abujaâ&#x20AC;&#x2122; money - would be in this situation, I shudder to think of what would be happening in Ebonyi or Taraba states. Just a few days delay! Just a few months of drop in price of oil! The Coordinating Minister for the Economy (CME) and Minister of Finance, Dr. Ngozi Okonjo-Iweala, called a press conference to counter the allegation. She said Nigeria is not broke. I watched on television as she laboured to explain the situation, with parables and anecdotes. As long as we can pay workersâ&#x20AC;&#x2122; salaries, Nigeria is not broke. Actually I got really more worried after listening to her tongue-in-cheek explanation. â&#x20AC;&#x153;We have to forego one or two things, like ice cream or sweets.â&#x20AC;? It is really painful that Nigeria will be talking of forgoing one or two things just because oil price has dropped to $86, which is still higher than the budgeted benchmark oil price. The CME did not tell us everything. Yes, it is her job to reassure Nigerians, to avert panic. Yes, we may not be broke, but we are not buoyant either. And if the
Â&#x2022; / 0 #
truth must be told, we are nearer the former. All the state governors who do not want the excess crude account and all those who are fighting the Federal Government for setting up the Sovereign Wealth Fund should prepare to tell us how we will survive if the decline worsens or persists. When the CME talks about how we survived the Global Eco-
It may take a few years, it may take longer, but let it be known that someday, perhaps sooner than later, we may have crude oil that nobody will be willing to buy. And unlike palm oil or groundnut oil, we can neither drink the crude oil nor cook with it
nomic crisis (2008-2009), she failed to draw attention to how much we had in the excess crude account then, and compare it with the paltry sum we have today. How long will this provide cushion? Perhaps only a few months! What of our distinguished Senators and Honourable members who often mix economics with politics? Every year, they try their best or should I say their worst to raise the benchmark for oil to unrealistic levels. Their objective being to ensure that all crude oil sales are monetized and shared, with nothing in the excess crude account. As soon as the money gets to the states, it is quickly gobbled up, with little or no savings. That is why there is panic even in Lagos for a few days delay in sharing the â&#x20AC;&#x2DC;Abujaâ&#x20AC;&#x2122; money. The 2014 budget was delayed so much largely on account of this. The President, who had better advice from his economic team to keep the benchmark at a lower rate, was â&#x20AC;&#x2DC;blackmailedâ&#x20AC;&#x2122; and pressured to give accent against his conviction. Now they should be getting ready to tell Nigerians what to do as we will soon run short of excess crude account. With no buffer, they should tell us how to absorb the impending shocks, which may be more than giving up ice cream or cakes (apologies to the CME). The other country that may see this decline as bad news is the United States of America (USA). The USA had had shale gas for many years, but had been unable to develop it. The main reason was that it was not economically viable in the face of cheap hydrocarbon or fossil fuels from Africa and the Middle East. So, in addition to their desire to build strategic reserves of crude oil, they preferred to focus on importation for many years. But due to several developments in the global energy sourcing, and particularly the high cost of crude oil, they found economic justification to invest in developing the shale oil. That drastically reduced their imports as domestic production rose, helping to boost economic recovery. So if the prices continue to decline further and may be long enough, the economic realities will change, and may imperil the commercial viability of the shale gas exploration. That could be good news for oil exporting countries, especially Nigeria that had lost its biggest oil customer - the USA to Shale gas. But this scenario of possible increased exports may not be sustainable. The reason is that beyond Shale gas, hydrocarbons are becoming less favoured as prime energy source of the future. Environmental issues and the campaign against global warming are making the world turn to more environmentally friendly or cleaner and renewable energy sources. So it may take a few years, it may take longer, but let it be known that someday, perhaps sooner than later, we may have crude oil that nobody will be willing to buy. And unlike palm oil or groundnut oil, we can neither drink the crude oil nor cook with it. May God not allow us encounter bad thing. Can I hear a thunderous Amen?
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