Dtn 11 12 17 by Dailytimes

THE

DAILY

TIMES

NIGERIA INDEPENDENT NEWSPAPER. EST. 1926 WWW.DAILYTIMES.NG https://plus.google.com/+DailytimesNgr/posts

dailytimesnigeria

Investors’ FX window declares $1.86bn transactions’ turnover in 2 weeks

Ï As Naira relapses against Pound, Euro at parallel market Motolani Oseni

ÏÏÏ The total transaction turn-

over declared in the Investors & Exporters (I&E) FX window between Monday 27, November to Friday 8, December 2017, amounted to $1.86 billion, showing a decline of $316.1million from the total value of $2.17 recorded during the same period of Monday

www.facebook.com/dailytimesngr

13, November to Friday 24 of the same month, The Daily Times findings showed. The Nigeria’s local currency, however, closed on the last trading day of last week at a steadied rate of N363 to the US Dollar, but relapsed against the Pound sterling and Euro at a depreciated rates of 482 and 427 against 480 Continued on page 8

MONDAY, DECEMBER 11, 2017 VOL. 3. NO. 523

N150

GLOBAL FINANCIAL/COMMODITY MARKETS

CURRENCIES/CBN: CBN: N305.90 PER DOLLAR, Parallel Market: USD N363 POUND N475 EURO N421 NSE: ASI 36, 930.83 MARKET CAP 12.78 FMDQ O/N 38.92 OBB 37.50 COMMODITIES: Wheat US $427.60/MT Rice US $11.22/MT Cocoa US $2,099.00/Bag Coffee US $125.90/Scoop Cotton US $68.61/Unit Sugar US $14.41/Ounce METALS: Gold US $1272.90/Ounce Silver US $16.79/Ounce Copper US $3.15/Ounce ENERGY: Brent US $63.10/PB, N/Gas US $3.09/CB

PDP: How Uche Secondus emerged as Chairman 5

Ï Scores 2,000 votes, Adeniran 231, Dokpesi 66 Ï Says PDP’ll end Buhari’s tenancy in Aso Rock May 28, 2019 Ï No, your impunity will work against you in 2019 -APC

We said so!

NBA wants FG to pay more attention to human rights violation 7 in North-East FMC Umuahia 6 performs 2 successful kidney transplants

Newly elected National Chairman of the Peoples Democratic Party (PDP), Chief Uche Secondus (left), being sworn-in by Mr. Eyitayo Jegede (SAN), after his emergence at the PDP National Convention in Abuja… on Sunday. PHOTO: TEMITOPE BALOGUN.

Don’t force courses on your children, JAMB boss tells parents 5

Daily Times Nigeria Monday, December 11, 2017

Daily Times Nigeria L Ɨ ƕè #ƆƅƆƌƄƆƏ ơơè ƾƠơƣ

News

How Uche Secondus emerged as Chairman Myke Uzendu, Oluchi Okoroafor and Mathew Dadiya, Abuja

ÏÏÏ The

Peoples Democratic Party (PDP) has once again changed the history of party conventions following the overwhelming 2,000 votes secured by Prince Uche Secondus to emerge as the National Chairman of the self-acclaimed largest political party in Africa. Secondus floored other

aspirants like Prof. Tunde Adeniran who garnered 230 votes and Chief Raymond Alegho Dokpesi who scored 66 votes. The Daily Times had exclusively reported on Tuesday, November 28, 2017 that judging from the political permutations on the ground and coupled with his experience, Secondus would emerge as the PDP National Chairman. It is instructive to note that the national conven-

tion was attended by most of the active stakeholders in the PDP with former President Goodluck Jonathan leading the roll call. Others were former Vice President Namadi Sambo, former Vice President Atiku Abubakar, members of the PDP Board of Trustee (BoT) led by Senator Wali. Each state adorned in their state attire embossed with the image of their state governors. Pre-election intrigues

Prior to the election, the principle of micro zoning for the office of the national chairman failed in the South. The party had ab-initio stated that the position is open to any candidate from the zone but allowed them to go for micro zoning or reach consensus as the case may be. Secondus was more strategic in his quest to clinch the prime position. He started by oiling his relationships with the

governors and he worked very closely with them when he was the acting national chairman. As a former state chairman and National Vice Chairman, he had very cordial relationship with state chairmen across the country. He was also favoured by his dedicated party spirit and he, according to some party stalwarts, was an indispensable ally of the Rivers State Governor Nyesom Wike and was handy

when former Rivers State Governor Rotimi Amechi sent Wike on political asylum. Secondus was also instrumental to the return of former Vice President Atiku Abubakar to the party. He played a key role on the defeat of Senator Ali Modu Sheriff and joined forces with Wike, Ekiti State Governor Ayo Fayose and other governors to frustrate Sheriff. Continued on page 6

Agribusiness: &Ɨ Ƈ ƏƌƆƏ è ƈ ƒƆ Ɛ Ə Ɛ ƆƐ MǀƠƠƌ Əƈƅ ƏƆƗƈƐ ÏÏÏ To provide guarantee

^ƏƆ ƈƗƆ Ɛ LƑ ƌƌ ƗƑ Ƒ Əƈ æƏƈ Ɛçè ƗƑƏƈ ƈ ƍƆƅƐƈ ƒƈ ƈƐ Ɛ ƈ Ƈ Əƌ ƈ # ƑƏ è E Ɛ ƈ dƐ ƐƆČ dƑ Ɨ ƕê

Don’t force courses on your children, JAMB boss tells parents ÏÏÏ The

Registrar, Joint Admission and Matriculation Board (JAMB), Prof Is-Haq Oloyede, has advised parents and guardians to avoid mounting undue pressure on their children in the choice of course for study when applying for admission into tertiary institutions as well as to avoid cutting corners but go through the normal process when purchasing the Joint Admission and Matriculation Board (JAMB) forms for their children and wards. The JAMB boss gave the advice while speaking at a one day critical stakeholders meeting on Plans and Modalities for the sale and registration of 2018 Unified Tertiary Matriculation Examination (UTME) application form and seamless admission into tertiary

institutions at Remo Divisional High School, Sagamu, Ogun States. According to the JAMB Registrar, most candidates failed to secure admission into higher institutions not as a result of poor performance in the Unified Tertiary Matriculation Examination (UTME) test, but improper filling of their application forms and wrong choice of course of study that did not match the subjects such candidates sat for. He said, “Apart from parents pressure on candidates choice of course, it has also been observed that most of them failed to gain admission into the institutions of their choice as a result of improper filling of the forms and wrong subjects combination.” Other factors as listed by Oloyede include the use

of special centres, engagement of proxy to purchase forms and last minutes preparations by candidates. Commending the Ogun State Commissioner for Education, Science and Technology, Mrs. Modupe Mujota for being the first State Commissioner of Education to introduce the workshop, Oloyede urged participants at the event, which included stakeholders in the education industry to take full advantage of it and take the message back to their communities. Earlier in her welcome address, Mrs. Modupe Mujota said the purpose of the seminar was to brainstorm, explore and incorporate nexus of ideas in order to address sharp practices in registration, conduct of UTME and assisting candidates in selecting appropri-

ate subjects for proposed discipline in tertiary institutions of first choice. She therefore urged participants to critically examine the overall concept of admission process into various higher institutions in the country and proffer possible solutions to the challenges at hand. Also speaking, State Chief Technical on UTME, Prof Adesina Sodiya, who gave a brief overview of admission process, urged candidates to be conversant in the use of computer system. The workshop, which was held in the three Senatorial District of the state, drew participants from principal of both public and private schools, proprietors of private schools, students and parents amongst others.

for agribusiness investments in the state, the Edo State Government has partnered with the Central Bank of Nigeria (CBN) to set up a N500 million Commercial Agricultural Credit Scheme (CACS). Governor of Edo State, Mr. Godwin Obaseki, revealed this at the inauguration of the committee to oversee the scheme at the Government House in Benin City, Edo State capital. The scheme is intended to de-risk investments in agriculture in Edo State. The governor said the programme, which was set up by the Federal Government through the CBN, is to provide credit for agricultural transactions in the state, stressing that the programme is very critical to his administration’s agricultural initiatives. He added that the state government was not interested in agribusiness to start farms, but only interested in de-risking the process and creating the enabling environment for entrepreneurs to emerge and thrive. The members of the nine-man committee headed by Special Adviser to the Governor on Agriculture, Prince Joe Okojie, according to Obaseki, were selected based on their expertise and accomplishments, noting that it was not another avenue for political patronage. Governor Obaseki said the committee members

would serve as monitoring team and also manage funds from the CBN to guarantee its judicious use by farmers across the three senatorial districts. He emphasised that the idea was to support large scale commercial agriculture so that their growth would stimulate and scale up activities of small scale farmers. “Time, experience and technology are very important in agriculture. We need to engage the services of consultants and experts to work with the committee and use the advantage of the dry season to our benefit,” he said. He said that over N500 million was already available from expected funds and outlined their terms of reference to include: to oversee and ensure equitable distribution of fund; promote an efficient and inclusive participation of key stakeholders; ensure proper monitoring and evaluation, guarantee integrity of each access to information; to ensure fund usage by beneficiaries are in line with the terms of the scheme; to monitor the impact and constantly look for ways to improve the probability of reaching the expected result of the scheme. In his vote of thanks, Chairman of the committee, Prince Joe Okojie pledged to deliver on their terms of reference and promised to be fair and objective in the management of the credit facility.

News 6

Daily Times Nigeria Monday, December 11, 2017

FMC Umuahia performs 2 successful kidney transplants Sunday Nwakanma Umuahia

ÏÏÏ The Federal Medical

Centre (FM) Umuahia on Thursday and Friday successfully transplanted two kidneys from two separate donors in the hospital to two other patients also in the hospital. The surgical team of FMC doctors and other medical professionals were led by Dr Obi Ekwenna of the University of Toledo Medical Center in Ohio USA in company of Mr James Ogbuka Umekwe. The first transplanting was performed on Thursday on the kidney recipi-

ent, a 37-year- old businessman and native of Ohafia Abia State whose name for short is Mr Oji . A 57-year-old civil servant whose name for short is Mr Kalu, donated the Kidney to Oji. The second transplanting was done on Friday on a 68-year-old medical doctor and native of Umuahia whose name for short is Dr Charles. A 41-year-old security man whose name for short is Mr Innocent donated his kidney to Dr Charles. Both the donors and the recipients have been confirmed to be doing very at the hospital’s intensive

care unit on Saturday. The first recipient, Oji said he had kidney issues for about four years while Dr Charles disclosed he had his own travail for about four months now. Speaking after the transplanting, the team Leader/ Surgeon, Dr Ekwenna described the surgeries as successful and excellent by any standard anywhere in the world and attributed the success of the feat to the dedication of the team , the hospital management and its Director, Dr Abali Chuku. He said, “ Dr Abali Chuku is a strong and committed leader. We met

few years ago and he expressed his desire to have transplantation center in the South East Nigeria to his FMC and I pledged to assist with my Team in Toledo”. Dr Ekwenna also pointed out that under their partnership with the FMC Umuahia, his team will work towards transferring Skills and return to Nigeria to render more professional assistance including doing more transplantations. Speaking on the successful kidney transplantations, the Chief Medical Director of the FMC, Umuahia, Dr Chuku Ab-

ali, said that the success of the transplantation has made the hospital’s vision in Kidney Transplant Services with target to provide the cheapest most affordable and efficient destination for kidney transplantation in the South-East. According to him, the hospital will perform 40 kidney transplantations next year and canvassed collaboration of the public in in kidney transplantation. He disclosed that his FMC got involved in Kidney transplant in 2015 when he was honoured by the University of Toledo

Ohio USA along with others from other countries. “This university is globally known for Kidney Transplantation. After my induction into its Hall of Fame, I was asked what I would want the University do for me. And I chose establishing a Kidney Center”, Abali added. One of the two kidney recipients, Oji, expressed his gratitude to the FMC and its CMD for “providing wonderful opportunity for poor people like us without the means to go abroad for transplantation. We also thank God for using the medical team to save our lives”.

How Uche Secondus emerged as Chairman Continued from page 5

He supported the National Caretaker Committee led by Senator Ahmed Makarafi and in the process carved himself into their hearts. Secondus and other aspirants Chief Olabode George was also a heavy weight in the chairmanship bout. A factor that seriously worked against him was that the PDP had never won any substantial position in his Lago1s State. Although George was a member of the BoT and a former National Vice Chairman, he did not make any substantial impact in the state. Lagos State chapter of the party was in perpetual crises. The express of interest by Jimi Agbaje contributed in affecting the chances of George. Adeniran was also a major contender in the

race and was able to mobilise the Arewa elders to endorse his candidature. But he was not able to get his state governor, Ayodele Fayose, to buy into his project which is very key in every political aspiration. For Fayose, Adeniran is an Abuja- based politician and major players feel that he cannot deliver even his ward to the party. Professor Taoheed Ladoja was also seen as a politician who has nothing to contribute to the party just as Aderemi, the newest entrant who according to many, is just a passenger in the race. The odds against the South West The major obstacle to the emergence of a candidate from the South West was basically due to the inability of the zone to field a strong candidate or go for consensus. In as much as some aspi-

rants from the zone abandoned the race in the last minute, political analysts are of the view that the time was not enough to re-programme the psyche of the delegates and also perfect strategies that will deliver bulk votes to Adeniran. Wike opposed to South West Chairmanship Rivers State Governor Nyesom Wike, who spoke in a monitored television programme, said that it will not be fair for the South West to produce the next Chairman because they have little stake in the party. Wike maintained that the South West allowed themselves to be battered by the All Progressives Congress (APC), adding that most of the states in the zone are in crises. He said that the zone makes little contribution to the centre and does not de-

serve the position of the party chairman. He wondered why the party should work for the zone to produce the national chairman when they did not bring anything to the table. According to Wike, the zone must work and get the party active in the zone before they can make a demand from the party. There is a popular belief that the outbursts of Wike was a true reflection of the decision of the PDP governors. The controversial Unity List Media mogul, Chief Raymond Dokpesi, has described the convention as a charade that may destroy the party following the discovery of a unity list containing names of candidates believed to have won elections into various National leadership positions in the party. He explained that the

21 names of candidates contained in the list appeared on the ballot papers as number one and in the Voting boots as number one. He revealed that complaints has been lodged to the chairman of the PDP electoral committee headed by former Benue State Governor Gabriel Suswam who confirmed that he has seen the list but cannot confirm its authenticity. Adeniran also walked out of the convention, due to the emergence of the list, describing the entire process as fraudulent. Reclaiming the Villa Speaking after his historic election, Secondus said that his target is to quit President Muhammadu Buhari from the Aso Rock Presidential Villa. Secondus described Buhari as a tenant in the Villa and stressed the resolve of the party to reclaim the

number one residence. He said, “By my understanding, the mandate you have given us today is clear and unambiguous. It is to return our party to power come 2019. As Herculean as this mandate seems, I know it’s achievable. My campaign pillars for this election are ‘To Rebuild, Reposition and Regain’. “Let me assure you great members and leaders of our party that by the grace of God and with all hands on deck, the brief tenancy of the All Progressives Congress (APC) in Aso Rock Villa expires on May 28, 2019. By this, we serve them a quit notice. “This has to be immediate, in order to save our beloved country from disintegration. We are all witnesses to how the unity of this country has been Continued on page 8

Daily Times Nigeria Monday, December 11, 2017

News

SERAP to Buhari: Extend audit on recovered loot to Obasanjo’s, Yar’Adua’s, Jonathan’s Govts

Peter Fowoyo

ÏÏÏ Following the inaugu-

ration of the Audit Committee on the Recovery and Management of Stolen Assets as a partial fulfilment of the judgment by Justice Mohammed Idris, a non- governmental organization, Socio- Economic Rights and Accountability Project (SERAP), has urged President Muhammadu Buhari to strengthen and extend the mandate of the committee to cover the periods starting from the return of democracy in 1999, as ordered by the judge. The audit committee established last month by Buhari is to undertake an audit of all recovery accounts established by government agencies. The committee, which has since started

work, has four weeks to submit its report. But in a letter, dated 9 December, 2017, and signed by SERAP’s Executive Director, Adetokunbo Mumuni the organization urged Buhari to “strengthen the capacity of the committee, and to extend the four weeks’ deadline within which it is expected to submit its report to at least 6 months so that the committee can effectively document the details of information ordered by Justice M.B. Idris.” According to the organization, “The rule of law might prove to be fragile if its force depends upon the sum of the governmental calculations of costs and benefits made. The kind of commitment needed to nourish the rule of law is

a strong political and ethical commitment to obey all judgments of courts in full, and not in part.” The letter read in part: “Extending the mandates of the committee to cover periods starting from the return of democracy in 1999 could have a profound effect on combating the culture of impunity that prevails wherever corrupt individuals feel that the risk of punishment is low, and that they would be allowed to keep their ill-gotten wealth.” “Partial implementation of the judgment by Justice Idris would continue to encourage impunity for grand corruption. And the effects of corruption on the rule of law are not only harmful, but destructive to the entire criminal justice system, as

well as erode public trust in law and order. We believe that the more transparent and democratic is a society, the more resilient it would be against corruption. And the more corruption is tamed, and recovered stolen assets properly spent on developmental projects, the more Nigeria can thrive among the comity of nations. “Detailed terms of reference for the committee have not yet been published. It is also unclear the periods of time covered by the committee’s mandate. These lacuna if not urgently addressed could undermine the effectiveness of the committee, and the integrity and credibility of its work.” “While we welcome the inauguration of the com-

L-R: Director, Real Sector and Household Statistics, National Bureau of Statistics (NBS), Dr. Isiaka Olarewaju; representatives of the President UNICEF, Mr. Denis Jobin and Economic Advisor, United Nations Development Programme, Mr. Ojijo Odhiambo, during the African Statistics Day in Abuja… at the weekend.

mittee as a partial compliance with the judgment by Justice Idris, we urge your government to fully comply with the terms of the judgment by extending the mandate of the committee to cover the periods starting from the return of democracy in 1999, as well as accessing and collecting information on recovered assets as ordered by the court.” “We would again like to draw your attention to the judgment delivered in March 2016 by Justice Idris following a Freedom of Information suit no: FHC/ IKJ/CS/248/2011 brought by SERAP. The judgment directed your government to provide SERAP with up to date information on recovered stolen funds since the return of civilian rule in 1999, including: Detailed information on the total amount of recovered stolen public assets that have so far been recovered by Nigeria.” “The details ordered by the court to be disclosed include: information on the total amount of recovered stolen public assets by each government; the amount of recovered stolen public assets spent by each government as well as the objects of such spending and the projects on which such funds were spent.” “The court noted that successive governments since the return of democracy in 1999 “breached the fundamental principles of transparency and accountability for failing to disclose details about the spending of recovered stolen public funds,” and ordered your government to

“ensure accountability for all recovered stolen assets under the governments of former President Olusegun Obasanjo, former President Umaru Musa Yar’Adua, former President Goodluck Jonathan account fully for all recovered loot.” SERAP therefore, urged Buhari to: ‘Renew and strengthen the mandate of the audit committee to cover the periods starting from the return of democracy in 1999, as ordered by Justice Idris, and to extend the four weeks deadline within which the committee is to submit its report to at least 6 months; develop detailed terms of reference for the committee, including the power to access files and interview all persons of interest to the committee from all governments since the return of democracy in 1999; “ensure the publication of the report of the committee, and if the report establishes any relevant admissible evidence that some of the recovered assets have been re-stolen, to refer such cases to the appropriate anti-corruption agencies, including the Economic and Financial Crimes Commission (EFCC) and the Independent Corrupt Practices and Other Related Offences Commission (ICPC), for further investigation and prosecution; work with the leadership of the National Assembly to promote and encourage the urgent passage of the Proceeds of Crimes Bill, to ensure sustainability and transparency in the management of assets; encourage and facilitate civil society participation in the work of the audit committee.

NBA wants FG to pay more attention to human rights violation in the North Doosuur Iwambe Abuja

ÏÏÏ The President of

the Nigerian Bar Association (NBA) Mr Abubakar Mahmoud, has called on the Federal government pay more attention to the human rights violation in the North East He also urged the Federal Government to step up its efforts to ensure that normalcy is restored in the region. Mahmoud spoke at a programme organised by the NBA Human Rights Institute organised to mark this year’s World Human Rights Day. The NBA President said, “Government should continue to pay more attention to human rights situation in the North- East. “The government should also step up its efforts top bring normalcy to the region.

“ The people in these region cannot continue to live in fear. It is the responsibility of any responsible government to protect the lives and property of its people”. According to the NBA boss, there is the need to address human rights violations in the North East in order to protect those who lack the power to protect themselves. Also at the weekend, a senior lawyer, Mr. Rotimi Jacobs (SAN) lamented at the rate in which corruption has become deeply rooted in the country. He said that corruption has grown in a variety of political and economic environments but thrives when bad government makes it impossible to control. Jacobs, who spoke at this year’s United Nations Anticorruption day in Abuja, organised by the NBA Anticorruption Committee however commended the effort of President Muhammadu

Buhari and Vice President Yemi Osinbajo, in the fight against corruption. While calling on Nigerians to support Buhari-led government in its anti-graft war, Jacob added that corruption will continue to thrive until Nigerians are ready to tackle it. He said, “Corruption will thrive when there is a low and irregular salaries for officials with large dependants, availability of multiple opportunities for personal enrichment, (such as mineral and oil rich environment), the size and growth of public spending will help to define the possibilities of corruption and extensive discretion over the allocation of economic cost and benefits”. He listed inadequate and ineffective controls, policing, detection and prosecution of corruption cases as reasons why corruption has continued to thrives in the country.

“In a society where you can easily escape from justice, corruption will go to high heavens. These are major factors that greatly encourage corruption in our society. “Thus, the incidence of corruption is a result of the strength of incentives of opportunities, the availability of means and the risk of punishments. So corruption thrives in bad governance, where controls are weak, where one can avoid the consequences of his act, where one can compromise the system, where one can engage high-profile senior lawyers to set him free and where one can bribe himself out of criminal investigation and prosecution. “It is in view of this that a corrupt nation or people will stifle the Rule of Law and deride it. Corruption is anti-ethical to the concept of Rule of Law. Whereas, corruption is often associated to uncivilised and underde-

veloped nations, the Rule of Law on the other hand distinguishes a civilised society or nation from an uncivilised one. “Although, the rule of law is indispensable to any democratic and civilised society, it is however not sufficient for the elimination of corruption. In an uncivilised society, the law of the jungle or the right of might prevails, in such a society there is no security for the weak and the poor who live at the mercy of the powerful and the rich. “On the other hand, in a civilised society dealings between the individuals as well as between the individual and the state are governed by the laws which establish the right and obligation of each side. Corruption therefore when it takes the form of misuse of state authorities and resources for personal gains, generally implies a violation of the law of the land. Its antidote

therefore is the rule of law which dictates the equality of citizens before the law and their entitlement to a fair trial and due process in case of any criminal charge or determination of their civil right and obligation. “An effective Criminal Justice System is a key aspect of the Rule of Law since it is the mechanism put in place to redress grievances and bring action against individual for offences against society” He also said an effective criminal justice system should be capable of investigating and adjudicating criminal offences successfully and in a timely manner through a system that is impartial and inadequate and ineffective controls, policing, detection and prosecution of corruption cases. -discriminatory and free of corruption and improper government influence.

News 8 Continued from page 1 and 426, traded respectively, at the parallel segment of the forex market. The breakdown of the exchanged value showed that the I&E FX window during the first week considered recorded transacted figure of $937.95 from 27 of November to 1st of December, compared to $1.06bn sold between 20 to 24 of November, represented total decline of $125.94m. The I&E FX window, otherwise known as Nigerian Autonomous Foreign Exchange (NAFEX) window, declined further the following week with the traded figure of $925.53m from 4th to 8th of December, against a more better turnover of $1.115bn between 13 to 17th of November, 2017. Although, forex dealers and financial experts opined that the autonomous forex window has boosted investors’ confidence, while helping in rebounding the Africa’s largest economy after exited from its worst recession in the recent time, further checks by The Daily Times, revealed that the autonomous window at the beginning of last month had recorded total amount of $387.73m in just three days, between Wednesday 1st of November to Friday ,3rd of the same month. But the autonomous FX window recorded $14.69bn in four months, between

Daily Times Nigeria Monday, December 11, 2017

July and September 2017, as Central Bank of Nigeria (CBN) continued to bridge the gap between parallel market and official market rates. FMDQ OTC had reported that 10 commercial bank traded N70.88trn overall turnover on the FMDQ OTC Securities Exchange between January to September 2017. Meanwhile, the apex bank has defended the local currency with $4.8bn between July and October this year. Data gathered by our correspondent revealed that the apex bank highest intervention in four months under review was $1.5bn in August, followed by $1.37bn in October. The CBN had defended the Naira with $1.2 billion and $727.5 million in September and July of 2017 respectively. For the first three months, the CBN’s $1.37bn in October comprises $400million in wholesale; $200million in Small and Medium Enterprises (SMEs); $180million in invisibles; $306.3million in SMIS, and $285.70million in agriculture, airlines, petroleum, and raw materials segments. In September, the apex bank injected $485million to Retail Secondary Market; SMEs, $300million; invisibles $255million and $200million, to wholesale segments The bulk of the disburse-

Investors’ FX window declares $1.86bn transactions’ turnover in 2 weeks ment totaling $561million in August was injected to the clearance of the backlog of matured foreign exchange obligations for raw materials and machinery for manufacturing companies, agricultural chemicals, and airlines – was for Retail Secondary Market Intervention Sales (SMIS), while the balance went to settling whole-

sale, $500million; SMEs, $235million, and invisible $200million. Meanwhile, a week ago, the CBN weakened the naira marginally, selling dollars at 307 naira each for the first time on the official interbank market, in what traders say could signal a gradual move to merge its multiple exchange rates.

Nigeria’s convoluted exchange rate system has been used to manage what the CBN described as “frivolous” demand for dollars at the peak of a currency crisis which began two years ago. The bank has sold $500,000 almost on daily basis on the official spot market since creating several exchange rates to alleviate

dollar shortages. However, it had sold the currency at rates of between 305 naira and 306 naira for months before Monday’s move. Earlier this month, the bank sold dollars at 306 naira for the second time after maintaining a level of around 305 naira on the spot market for two months.

L-R: Divisional Manager, Julius Berger Plc., Mr. Abel Guido; Human Resources Coordinator, Julius Berger/Recipient, Barrister Moses Anite and Executive Director, Administration of Julius Berger Nigeria Plc., Alhaji Zubairu Bayi, during the Award ceremony in Abuja… at the weekend. PHOTO: TEMITOPE BALOGUN.

How Uche Secondus emerged as Chairman Continued from page 6

shaken to its very foundation under the watch of the rudderless and clueless APC. We therefore have a gigantic task of retrieving this country from the APC’s clear lack of direction and confusion starting with the Presidency. To actualize this dream, the party has already launched an online campaign with the tag: #kickapcout2019. Atiku congratulates Secondus Meanwhile, former Vice President Atiku Abubakar has congratulated the new elected members of the National Working Committee (NWC), saying that the major problems of Nigeria and the PDP is the APC. In a statement issued by the Atiku Media Of-

fice (AMO), the front line politician reminded party members that Nigerians are looking unto the party as a reliable and credible alternative. The Turaki Adamawa also asked for unity amongst members of the PDP, following the conclusion of election of the party’s executive at its National Convention on Saturday. He told them that the immediate challenge before the newly elected national officials of the PDP is to run an all-inclusive administration where the various interests within the party can find accommodation. Atiku reminded them that Nigerians are looking up to the PDP for unity in the party, “because it takes a united and coherent PDP to sack the APC

government in 2019”. The statement reads: “Our great party, the Peoples Democratic Party is, again, at the threshold of an historical moment. Just as we mobilized to put an end to prolonged military rule in 1999, the people of Nigeria at this moment look up to us to rescue the country from the mis-government of the APC. “Arising from our elective congress, there should be no victor and no vanquished. Our paramount attention should be focused at sacking a government that deceived the people of Nigeria into power by promising our youths three million jobs annually, only to deliver three million job lodses annually; a government that is repeatedly living in denial of its commitment

to restructuring. We must be united to take power back to where it belongs: the Nigerian people. “As members of the PDP, we must take pride in being able to hold a national convention and in so doing live up to the bill of being a truly democratic political party. Our major opponent has not been able to achieve this feat and I join millions of our party members to congratulate the Ahmed Makarfi-led national caretaker committee. “I understand that there are complaints and grievances from many of the co-contestants in the congress. I am aware that the PDP has a mechanism for addressing such complaints and it is important that such avenues of redress are made available for members to explore

without let or hindrance Meantime, I call on ALL our leaders and members to rally the new executive for the sake of our party, Nigeria and the good of our people,” Atiku stated. Meanwhile, the ruling APC has in its reaction to revelations on how money-for-votes and systematic rigging was allegedly perpetuated during the National Conventional of the PDP, said “A leopard cannot change its spot,” warning that such display of impunity will kill the PDP in 2019. According to the APC, the abnormalities that trailed the PDP National Convention have further exposed the PDP as a party that is not ready and willing to change. The National Publicity of the APC, Mallam Bolaji Abdullahi, stated this in a

statement made available in Abuja on Sunday. He added that the PDP has once again displayed itself to the generality of Nigerians that it is a party with corruption deeply rooted in its DNA. Abdullahi said, “Again, it is tragic that the PDP which used to pride itself as “the biggest political Party in Africa” has now been reduced to a regional party. “By frustrating South West Chairmanship candidates, it is unfortunate that the PDP has decided to punish the South West for not voting for the party in 2015. “We urge members of the PDP that can pass the integrity test to join the APC so that we can together bring about the much-needed Change the country deserves.”

Daily Times Nigeria Monday, December 11, 2017

9 News

Human Rights Day: Build structures to guarantee rights, Obaseki tasks world leaders Nosa Akenzua, Asaba

ÏÏÏEdo

State Governor Godwin Obaseki, has called on world leaders to build structures and create enabling environment for people to express their inalienable and God-given rights. He added that given the intricate role it places in ensuring that people are prioritised in quest for advancement, good governance should be elevated to become a human right for electorates the world

over. Obaseki said this on the occasion of the commemoration of International Human Rights Day, declared by the United Nations Assembly in 1948, which led to the adoption of the International Declaration of Human Rights in Paris, France. He added that the need for structures and spaces that guarantee the expression of human rights is sacrosanct and a genuine cause, as human rights should never be thought of as a privilege, but as God-given and inalienable.

According to him, “It is important for world leaders and anyone charged with the responsibility of leading the people to continue to make structures available to guarantee and protect human rights. This is necessary not only because it allows for peace and unity, but because it ensures that people are given the right to be themselves and aspire to whatever heights they deem fit. “It is key to point out the fact that much as we are plagued with issues that demand that people are guaranteed their

basic rights here, in some climes, there are continuing debates on what should constitute human rights. “The right to internet access, for instance, is being debated to be elevated to the status of human right. It is in the same vein that the right to good governance should be considered a human right in this clime. So also should be the right to technical education, given our level of development and role of technical skills in advancing society.” Human rights, he said, includes but not limited to the

right to be protected against enslavement, noting that the episode with immigrants in Libya, requires a global action to protect the rights of immigrants who are being held captive. The International Human Rights Day came into force, in 1948. Ever since, there have been raged debates about the rights to be included within the framework of human rights, but many scholars and public policy experts agree that human rights should be a minimum requirement

to avoid worst-case abuses, while others see it as a higher standard. This year’s celebration is devoted to the launch of a year-long campaign for the 50thanniversary of the two International Covenants on Human Rights, namely: the International Covenant on Economic, Social and Cultural Rights and the International Covenant on Civil and Political Rights, which were adopted by the United Nations General Assembly on 16 December 1966.

Mutiat Alli

most precious resource. These are the demands that bind us together.” He described the new tribe of Nigeria as citizens who recognise that honest labour is dignified, worthy of respect and reward. He also called on Nigerians with love for the country and one another – those who recognise that integrity is a non-negotiable asset. With a theme entitled: “Nigeria’s New Tribe”, 21 winners emerged in various categories at The Future Awards Africa with artiste, Ayo ‘Wizkid’ Balogun taking home the prestigious ‘Young Person of the Year’ Award. Personalities who graced the event include Kaduna State Governor Nasir el-Rufai; his Osun, State counterpart, Ogbeni Rauf Aregbesola; former Central Bank Deputy Governor, Prof. Kingley Moghalu; former Minister of Education, Dr. Obiageli Ezekwesili; Mo Abudu; Pastor Ituah Ighodalo and many others

Osinbajo wants youths to stop rewarding ignorance, tribalism ÏÏÏVice

L-R: Executive Chairman, Debo Adeniran; Publication Officer, Olawale St. Jericho and Programs and Projects Officer, Sikemi Awodele, all of Centre for Anti-Corruption and Open Leadership (CACOL), during the 2017 International Anti-Corruption Day in Lagos… on Sunday.

NAFDAC will enhance quality testing of medicines, foods, says New DG Angela Onwuzoo, Lagos

ÏÏÏTo ensure the safety

of all Nigerians and foreigners residing in Nigeria, the new DirectorGeneral of the National Agency for Food and Drug Administration and Control (NAFDAC), Prof. Mojisola Adeyeye, has assured that the agency will enhance quality testing of medicines and food products produced in the country. Adeyeye said she would achieve this by adequately training NAFDAC staff in international quality standards and by providing needed laboratory infrastructure such as equipment and supplies. Adeyeye, disclosed this

during her maiden visit to the agency’s Head Office in Lagos while addressing the staff on her plans to move the agency to the next level through collective responsibility. The new NAFDAC boss noted that the agency had, over the years, made steady progress in protecting the health of the nation . Assuring that staff welfare would be in the front burner of her administration, Adeyeye, affirmed her commitment to leading the agency to eliminate substandard foods and drugs in the country. She said NAFDAC would align with international standards in medical product regulation to ensure safety, effi-

cacy and quality of locally manufactured drugs and medical products. The NAFDAC boss said, “It will also create market opportunities for Nigeria in the supply of essential medicines to ECOWAS countries and beyond”. Emphasising the need for capacity building, the new NAFDAC boss, noted that the staff of the agency would be trained in regulatory science and clinical trial management, in compliance with international standards, and also conduct scheduled pharmacovigilance and post marketing surveillance for evidence-based regulatory decisions. Adeyeye also pledged to promote herbal medi-

cines development through the creation of guidelines for local manufacturers, adding that her administration, would consolidate the agency’s successes in the use of anti-counterfeiting cutting edge technologies. “The concerns of our people are mainly about safety of our drugs, food, medical devices and water. Most people, including those who manufacture fake drugs and sell bad foods or water, do not plan to kill people, but may not fully understand that chemicals ( whether in drugs or food, or through bio-contamination) can kill hundreds of people easily”, she added.

President Yemi Osinbajo on Saturday called on young Nigerians to create a better future for the nation by ignoring those seeking to divide the country through willful ignorance, narrow-mindedness, and tribalism. Giving his keynote speech at the 12th edition of The Future Awards Africa, Osinbajo pushed for a determined drive among Nigerians, especially active youth seeking to develop the country through unity, strength, and peace. He said, “We can all agree that nobody should be allowed to steal or waste public resources; that the government should always create circumstances that benefit the happiness and prosperity of the majority; that the rule of law and order should be central; that we must always protect the weak and the vulnerable, and that the life of the Nigerian person is the country’s

Sokoto targets 1m children in anti-measles campaign ÏÏÏSokoto State Governor

Aminu Tambuwal has flagged off the 2017 measles vaccination campaign with a target of reaching one million children across the state. Speaking at the flag off ceremony in Gwadabawa local government area of the state, Tambuwal said all necessary arrangements have been concluded for a successful exercise. According to him, one million children targeted is realistic, considering the fact that the vaccines will be administered in two phases. “Twelve local government areas will be covered in first phase while 11 local government areas will be covered in second phase. So far, the state government and our development partners have committed huge resources in order to eradicate measles and other killer diseases among our children.

“Enough vaccines have been provided that will cater for children in all the nooks and crannies of the state,” he added. Tambuwal also disclosed that the state government has already paid all its obligations in the form of counterpart funding and that all partners have been up to date in their payments for the exercise. He urged parents and healthcare givers to sustain the efforts to eradicate the the disease, assuring people that the vaccines were safe. The governor directed all local government areas to flag off the same campaign in their various localities. In his remarks, the state commissioner of health, Dr. Balarabe Shehu Kakale, said 1500 teams have been set up to work across all the local governments in the state in order to ensure every eligible child has been immunised.

Daily Times Nigeria Monday, December 11, 2017

Politics

Daily Times Nigeria Monday, December 11, 2017

After over two years in power, APC should stop blaming PDP for its failures –Martins How will you assess the state of the nation, will you say things are going on well, and the nation is on the right track? It will be difficult to say things are going on well, it is not possible to say that, definitely things are not going on well, and this is reflective in many directions, platform and context, the most important thing in life and the most crucial issue in a democracy is the economy, that is the democratic dividend. Everybody goes to the poll to vote because, they believe they have some payback coming their way, and what are the paybacks they expect. Their payback expectation is to have their standard of life sustained or elevated, for their security to be guaranteed and have job opportunities and to have peace and stability, once these human expectations are taken care of, the people usually appreciate any government in place, but a case where they vote in a government and notice some deficiency or major deficiency, that is why the people always clamour for a change of government. So, it is easy to score this government in power if it has done well or not, in the area of provision of infrastructure, social services and utility, are we faring well? Whether at the state or local government level or federal level? We always try to assume that everything that goes wrong or right with us as a nation is the democratic government or Federal Government issue, some of these issues are issues that stem from the grassroots, local government level to the state and the federal level. If I were to score the government in power at the national level on these five points now, the government will score below average, and that is not too good. The government in power do say the mess in the economy was not their own making, and it was their predecessor, the Peoples Democratic Party (PDP) led Federal Government that messed up the economy and coupled with the recession in the economy, that is what is slowing down the efficient performance expected from this administration, do you agree? The APC led Federal Government cannot be blaming their non performance and their inability to improve the economy right now on the PDP, because they should realise that if the PDP government then had performed, Nigerians wouldn’t have voted for APC government, so they should thank the non performance of the immediate past government, because that made it possible for Nigerians to buy in into the APC change mantra and voted the party into power.

Chief Kenny Martins was chairman, Police Equipment Foundation, he is worried about the political situation in the country and the fact that the ruling All Progressives Congress (APC) was yet to achieve many of the promises it made to the people while seeking election, yet delight in blaming the opposition Peoples Democratic Party (PDP) for its failures. To him, if the PDP had done well the APC would not have been elected. He is also angry with governors who simply refuse to pay salaries of workers after collecting bailout for such. He recently spoke with journalists in his office. PATRICK OKOHUE was there and reports.

MARTINS Now that they have been in power, how well are they grappling with the problems, also putting into consideration, the problem of global recession, dropping of prices of oil that the government in power is experiencing, there is no doubt that, some of the actions of the past government will still reverberate, in terms of negative considerations, but over two years in government is a long time to find their feet and move away from those setback and move away from the liabilities of the past government. If there were enough money in the reserve when Goodluck Jonathan was leaving office, the money in reserve would have been used

Improve the economy right now on the PDP, because they should realise that if the PDP government then had performed, Nigerians wouldn’t have voted for APC government, so they should thank the non performance of the immediate past government, because that made it possible for Nigerians to buy in into the APC change mantra and voted the party into power. Now that they have been in power, how well are they grappling with the problems

to cushion the effect of this setback that the nation is facing, but that should not be enough reason, for what we are facing now, there are some things that are not excusable, it took some states led by Ekiti State, to come out with the law regulating grazing of cattle, before there could be peace in those states. The menace of herdsmen is worrisome and it is appalling that none of the herdsmen has been brought to justice, they constitute menace to any community they invade; there are reported cases of loss of lives. Though, the Federal Government had done everything within its power to bring the menace of Boko Haram insurgents under control, but there are cases of insecurity in other parts of the country, which ranges from cases of kidnapping, ritual killing, and all kinds of security threat that is taking a monumental dimension now, which therefore discourage people from visiting Nigeria. I think the government has not done well enough in the area of internal security, in the area of provision of jobs, nothing concrete has been done in that area, and to make it worse, you hear of state government laying off their workers, giving the excuse that, they don’t have money to pay their salaries as they had when they were recruiting the workers. In the private sector, there is high rate of

retrenchment, from the banking industry which was as a result of introduction of single treasury account, which could have been a good anti corruption move. Lack of regular supply of electricity has grounded activities of industries in this country, it is disgracing that after almost two decades of being in civil rule, we have not been able to increase power generation and distribution in any major marginal way, beyond what the military left, it is sad. It is sad for a government that promises so much and now took on the last administration on their short coming, and those in charge of the power sector precisely, who were the major critics of past government capabilities and incapacity not to be able to meet expectations of Nigeria, that I don’t think has to do with recession. If the government provides power, the industries will rev up, and if the industries are kick started and attain the level it ought to be, the issue of unemployment would have been better taken care of. If they claim they provide jobs, I do ask in what area of the economy are the job opportunity provided, and I want to know the people they gave the job opportunities to, I keep wondering if they were ghost. I quite believe the government needs to do so much on the issue of power. In terms of provision of infrastructures, not much has been done, Lagos to Ibadan road was being done at enviable rate when the last government was in power, until when that government was voted out of power, and the road construction was halted, and I am quite sure there was quasi private sector involvement then, suddenly it was stopped and put totally under government budgeting process, you can still see that till today construction work is going on the road, but much success would have been recorded , if they had kept to the initial arrangement. We have always said that if the government in power can’t take care of these roads, why can’t they consider privatising these roads, we always harp on the fact that the law does not allow government to cede roads under its control to private sector. The government can build the road and cede it to private sector, who will then maintain the road, collect tolls, do Private Partnership transfer, share part of the profit on toll with government and ensure the roads are maintained, otherwise the government will not have enough money to maintain these number of roads that we have, that is why we are where we are today. There is no private sector involvement in building, running and maintaining the roads, government effort is not enough. I can see the enthusiasm on the part of the government, and they have positive proclamations and hopeful pronouncement on the side of the government, these are very helpful, but do they translate to a reality that is the question. CONTINUED ON PAGE 12

Politics 12

Daily Times Nigeria Monday, December 11, 2017

CONTINUED FROM PAGE 11

You did mention herdsmen killing, but none of them has been apprehended and brought to book, also Boko Haram is said to be technically defeated, but the insurgents still wreck havoc by bombing and killing unsuspecting members of the public, there is also increased cases of kidnapping, coupled with the problem of the Indigenous People of Biafra (IPOB), don’t you see there is a need to address the security challenges facing the country in a more proactive way? Yes, there is the need to address the security challenges, issue of kidnapping is worrisome, I believe there is a need for collaboration among, army, navy and air force, more so state governments should collaborate with them in tackling these security challenges, because the Federal Government alone cannot tackle this problem. If the Federal Government gives directive that the states should parley with the security agencies it would help, you will discover that most of these security challenges are even beyond the police. The Federal Government should provide the necessary support, and in dealing with these challenges, party sentiment should be put aside. Take for example, the Ekiti State government first passed the anti grazing Bill into law and other states followed suit, why did it take other states so long to act, the governors need to be proactive. Sometimes we have the assumption that, only Federal Government should get certain things done, but no, we need to take the state governors also to task on some of the challenges facing us as a nation. There is a need for job creation, tackling security challenges, provision of infrastructural facilities. You know when people want to invest in the country, their first port of call is the state, and some of the state governors, do demand for impossible conditions from the investors. It is the business of state governors and local government to give investors a receptive welcome, but that is usually not the case. The state government need to take the bull by the horn, even the issue of power supply, I see no reason why the state government can’t tackle issue of power generation, and there is no law that forbids states from building their power station, instead some states are selling off power plants built by their predecessor, instead of them building more. The problem is the placement of the responsibility, or placement of these expectations should not rest squarely on the shoulder of the Federal Government, local government chairmen and state governors have major roles to play in ensuring security and stability in the system to attract investors. With this your position, does that not lay credence to the call for having state police? On the issue of state police, I agree there is the need for state police, it is a necessity, there is no way we can continue to shy away from it. At federal level, they keep talking about community policing, but until it devolves to the ward level, local government level, until that, there can never be an effective community policing because, no local government or ward policing. The last time the badoo group struck in Lagos State, and every week there were reports of people’s heads being broken, and their blood were said to be wiped with handkerchief for ritual purposes, but when the deputy commissioner of police then, now the commissioner of police visited the affected areas, and called all the traditional rulers to a meeting, and threatened to hold any king with report of badoo incident in his domain responsible, since then the cases of badoo group killing has gone down.

‘After over two years in power, APC should stop blaming PDP’

all these actors to order. Even between the Presidency and the National Assembly over confirmation of a candidate or not, we don’t need those distractions. It all started when Senator Bukola Saraki emerged as the Senate President, it has happened it has happened, the President do not have preference and you want to use apparatus of the Senate against the winner, APC members fighting themselves, and that is the beginning of the disconnect and discord between the National Assembly and the Presidency and it has not healed up till now, and business of governance get bogged down and the masses are at the receiving end. I believe there is the need to still work on smoothness and interrelationship of government actors. Take for example the invasion of judges houses in the dead of the night, if they are guilty they are guilty, why invade their houses in the mid night, they should have made the arrest in the day, it resonates negatively, these are the things the government need to work more on, especially by Mr. President, he needs to be advised to call a harmony retreat where all the three arms of government will agree to work and fight corruption and uphold government policies.

MARTINS Traditional rulers are the first and the nearest point to feel the pulse of the people, no person that comes to the community that they don’t have information about, so I support state police, we need it, but all these can be done without the coordination at the centre, to use Nigerian term, community policing has gone nuclear, in Britain today, it is a country with very high number of cameras that can monitor everything, if you go on shopping there, you would have been captured 60 to 120 times under an hour, everywhere is under surveillance. There is the need for Federal Government interference, because the local government, the ward or the state government cannot afford that kind of coordination, it is a system copied from the Americans and Europe. While clamour for state policing, there is also the need that, we know the Federal Government has to provide the camera for monitoring. The issue of campaign against corruption is assessed from two angles, while some commend the Federal Government for dealing with the corrupt people, others see it as being vindictive in the approach, in the fight against corruption, a situation where you see security agencies fighting against themselves to protect an individual, or wanting to take over a case, like the face off between EFCC officials and men of the DSS, in all of these, how do you see the fight against corruption vis a vis inter agency conflict? There are two areas I may be unpopular, one, when this government came on board, we advised on amnesty on corruption, as anti corruption crusader, let say you have record of three people A, B, C of being corrupt, and you have the figure of the amount they have embezzled, you can tell them to return 50 percent of the amount stolen, and 25 percent to be invested by the culprit under state supervision, and keep the rest, and the person should be given time frame to get it done, and if the person fails to do as directed, the government will unleash the instrument of state on the person. I am happy that, that is the pronouncement of current president of

Zimbabwe 24 hours after taking over, why I am supporting this approach is because it is what the Asian countries use, when they became sane, just as we are trying to become sane now, to develop their system. If we don’t follow that path, then you need to go and look for a system whereby you will arrest them, shame them, maim them, take them to court, until when they sign voluntarily or you win the case. Mind you, we are still fighting for the money stolen by General Sanni Abacha, how many years after? Our money won’t be available when we need them most, they will be left in those countries 20 , 30 years. Those countries would have invested the money, what they now pay us is the interest on the money, and that is where we found ourselves, have we won any case since this government came on board, but if the approach I suggested was applied, the government would have recovered a lot of money. I do not believe the corrupt people, the anti corruption agencies are going after are only Buhari enemies, let him fight any form of corruption, either his enemies or people close to him, at the end of his tenure he will leave office, whoever, succeeds him will fight the other side, there is no time limit to fighting corruption. Don’t you think that approach will encourage corruption? No, it will not, you have to draw a line, so whoever steal after amnesty for the corrupt people would be jailed or killed like in China, but for those who have stolen before then, that is what I think we should have done. What about inter agency conflict? I think that is a dark side of this government, it portrays the President as not being in charge, because, there are things that are happening now that has never happened before, for EFCC officials turning to arrest DSS boss, such never happened, it won’t happen in USA, it will not happen in Ghana, why should such happen in Nigeria, to an extent where we have seeming rivalry between the government and the party and has degenerated to a pitiable level, there is the need for government to call

Issue of giving bail out to state governors to pay salary of their workers was not the practice before, but since the Buhari administration came on board, it has been giving bail out to state governors, recently another bailout was given with an instruction from the President to the state governors to pay all the arrears they owe their workers before Christmas, with this development what do you think is wrong with our system? Does the President have such power to issue such directive? There is the need to know what the bailout is all about, is it money due to the state, or Federal Government money and out of largesse decided to assist the states. If it is the Federal Government’s share, not money accruable to the states, the Federal Government’s own percent of share earning they are giving the state, then the President has a right to advice them how to spend it, because he is giving it to them on such purpose. I am aware of many times, when the President with a condition of a particular road that is critical will say state government take money and rehabilitate it, you can’t take the President’s money meant to rehabilitate a road and apply it somewhere else. If they were given the money to pay salary they can’t apply it somewhere else, I am sure in using the money accountability must have been done. But some of these governors have been collecting the money and they refused to pay salaries, in some states what they earn at the end of the month is half of their salary, does that augur well? It is totally wrong for governors not to pay salary to their workers, some governors are mean, and criminals, they should realise they have families and dependants and some responsibilities to perform, even in their various political association they have roles to play, and for them to be owed for months that is in defendable, there is no way anybody can defend that. If the excuse given by some of the governors is hinged on paucity of fund, and they have more workforce than what the fund available can take care of, but that excuse is not tenable when fund is provided to pay the workers.

Daily Times Nigeria Monday, December 11, 2017

Page Thirteen

Editorial

PHOTO TIMES

Save banks from collapse

he excruciating recession has come and gone, but the ill effects are still biting hard on the citizenry and businesses across the country. One of the businesses that felt the bad side of the recession were the deposit money banks. At the onset of the recession the economy contracted, many businesses and individuals were badly affected as many of them who took loans from their banks prior and during the recession were unable to service such loans as at when due despite repeated demands for them to pay back. Following the huge toxic assets they are carrying in their books, many commercial banks in the country are said to be increasingly finding it very challenging to cope with the difficult operating environment. Consequently, many of the banks are now carrying high non-performing loans which they must provide for in their books, thus limiting the quantum of loans they can grant to new customers and reducing their performance in the operating year. Newspaper reports also indicate that the deposit money banks accumulated as much as N230.6 billion non performing loans in the first six month of this year alone. Such non performing assets may increase to a point that would make the banks unsalvageable if urgent efforts are not made by the government and the regulatory authority to safe the banks from going under. More than 50% of the Deposit

Publisher/Editor in Chief

Publishing Executive Enyinne Onwunwanne Leke Adelere Acting General Manager 08037038663 Konie Agu Group Head, Business Development/Folio Foundation 08033150455

L-R: Co-Founder RED, Adebola Williams; former Minister of Education, Obiageli Ezekwesili; Vice President, Yemi Osinbajo and Governor of Osun State, Rauf Aregbesola, during the 12th Edition of The Future Awards Africa in Lagos… at the weekend.

Sokoto State Governor, Alhaji Aminu Tambuwal (left), during the flag-off of the 2017 Measles Vaccination Campaign in Sokoto State… on Sunday.

L-R: Lagos State Governor, Mr. Akinwunmi Ambode; Vice President, Prof. Yemi Osinbajo; Celebrant, Lt. Gen. Theophilus Yakubu Danjuma (rtd) and his wife, Sen. Daisy Danjuma, during the 80th Birthday Thanksgiving Service of Danjuma at the Cathedral Church of Christ, Marina, Lagos… at the weekend.

Words On Marble :

– Fidelis Anosike

Folio Group Group Managing Director Noel Anosike

Money Banks are said to be in serious financial problems and if the problems persist, the spectre of failure would confront the banks. The failure of banks also affects the health of the economy as many businesses will go down with it, while the economy may relapse into recession again. Now that the country is out of recession, a salvaging effort should be put in place to safe the banking institutions from imminent danger of going under. In doing this the Central Bank of Nigeria (CBN) would need to first reassure the nation of the safety and soundness of deposit money banks. Then, the CBN and the NDIC should carry out a proper audit of the banks to establish their level of healthiness and determine the appropriate measures needed to take them out of the problem. Some of them may want to increase their capitalisation by going to the capital market to raise money; unfortunately a time like this may not be an appropriate time to raise such money as most investors and their businesses are yet to shake off the shackles of recession. In the alternative, the banks would need some accommodation from the CBN to keep their books in good shape and be able to perform optimally. Such accommodation should be for about twelve to eighteen months after which they must pay back such money to the CBN. Such a rescue effort should also be keyed in to the economic recovery and growth plan of the government so that the country can achieve increased growth and development once again.

STATEMENTS BY THOSE WHO MATTER

Daily Times

Group Head Finance/ Administration Tobi Oyeniyi 07060528139 Technical Adviser To Publisher Innocent Nwankwo 08033072614 General Counsel: ELIAS MORDI & CO 08068613825

Managing/Special Project Editor Sam Nzeh 08050220692

Special Project Mgr. Grace N. Okoye 08124662405

Editor, Daily Tony Amokeodo 08038099089

Business Manager Stella Emele 08037862794

Production/Editorial Page Editor Ibe Uwaleke 08033151041

Marketing/Circulation Manager Babatunde Olufemi 08038504454

Features Editor Gbubemi God’s Covenent Snr 09095489889

Ag. Head, Graphics/Design Sunday Gabriel Idagwu 07030881423

More info: www.dailytimes.ng https://plus.google.com/+DailytimesNgr/posts https://twitter.com/DailyTimesNGR

dailytimesnigeria www.facebook.com/dailytimesngr

Nelson Mandela

Mother Teresa

Wole Soyinka

The brave man is not he who does not feel afraid, but he who conquers that fear.

If we have no peace, it is because we have forgotten that we belong to each other.

The greatest threat to freedom is the absence of criticism.

News 14

Daily Times Nigeria Monday, December 11, 2017

Buhari’ll defeat any opposition candidate in 2019 – Okorocha

‘Tosin Ajuwon, Akure

ÏÏÏImo

State Governor, Owelle Rochas Okorocha, has declared that President Muhammadu Buhari would defeat any candidate presented by the opposition parties for the 2019 general election. Okorocha said President Buhari, who is yet to openly declare his ambition to run for the second, would be supported as he remained unbeatable in the race. The governor addressed some reporters after he was honoured with Honorary Degree of ‘Doctors of Letters’ during the sixth convocation ceremony of the Adekunle Ajasin University, Akungba Akoko (AAUA) held at the weekend. Some political observers in the country have maintained that the body language of President Buhari portend that he would declare for the 2019 presidential race. The Imo state governor was speaking in reaction to the just concluded National convention of the Peoples Democratic Party (PDP) held in Abuja where the opposition party declared that the APC should be preparing for a “quit notice”. At the convention, the PDP newly elected National Chairman, Mr. Uche Secondous, had vowed that the opposition party will take over the Aso Rock seat in 2019. Okorocha affirmed that there is nothing the governing APC would be jittery about the outcome of the PDP convention. “So, we are very confident that our presidential candidate to be (President Muhammadu Buhari) is up to the task. “He has an impeccable track record that would take an unusual presidential candidate of a rival political party to match him. “This is the strength of our party coupled with the fact that the APC governors are performing and we are sure we would deliver in 2019,” he said. However, he observed that the exit of the erstwhile Vice President, Atiku Abubakar, from the All Progressives Congress was a bad omen for the governing party. The Chairman, APC Governors’ Forum noted that Atiku who is now back to the PDP is a political heavy weight that will have garner more support for the APC. “The exit of Atiku Abubakar from APC is not the best because no matter anybody thinks, he carries some political weight. Earlier, Okorocha had also vehemently reacted to the statements credited to National leader of the APC, Asiwaju Bola Ahmed Tinubu, who noted that there

would not be any automatic ticket for President Buhari to become the sole candidate of the party. Tinubu stated this in Akure during his visit to Pa Reuben Fasoranti, a foremost leader of the Pan Yoruba Socio-cultural organisation, Afenifere. Though, the Imo State governor said the statements from Tinubu was surprising, he added that the APC National leader was only getting him wrong as he maintained that he was not prepared for issues. He explained that his statement which was misconstrued was that he will join other APC governors to ensure President Muhammadu Buhari was “supported” as the only sole flag bearer to recontest and win the presidential 2019 election.

Cross-section of Muslim worshippers, during the annual Maulud celebration of Prophet Muhammad, organised by Rasulul-a’azam Foundation (RAAF) in Gombe State… on Sunday.

Court halts plan to use unregistered foreign judgment to close firm operation

Andrew Orolua, Abuja

ÏÏÏJustice Gabriel Kola-

wole of the Federal High Court Abuja has told the Federal Government and the Economic and Financial Crimes Commission (EFCC) not to take further step either to freeze the bank account or halt the operations of a firm, AITEO Eastern E & P Company Ltd, pending the determination of a suit filed in court. The firm in the suit against Attorney General of the Federation and Minister of Justice (AGF), and the Economic and Financial Crimes Commission (EFCC) had alleged that the Federal Government is taking steps to cripple its operation based on an unregistered judgment two litigants obtained from United Kingdom. Justice Kolawole said it is essential to grant an order of “status quo ante bellum” after hearing an ex parte motion argued by Chief Mike Ozekhome, (SAN) who stated that the operations of AITEO Eastern E & P Company Ltd was under threat of being closed down and needed a preservative order. The motion exparte was filed pursuant to Order 26 rule 8 of the Federal High Court Rules. Dated November 23, 2017 the motion was filed on behalf of the plaintiff (Aiteo) by Wole Olanipekun, (SAN), Chief Mike Ozekhome, (SAN), and other senior lawyers. In a lengthy bench ruling, Justice Kolawole or-

dered the Federal Government to maintain the “status quo ante bellum”, pending the determination of the motion on notice dated 23rd November, 2017, filed by the plaintiff against the defendants. The court further ordered the AGF and EFCC to appear in court on December 18, to show cause why the reliefs sought by the plaintiff in the motion ex parte shall not be granted. Kolawole directed the defendants to do this by way of affidavit depositions, within seven days of being served with the court processes filed by the Plaintiff. The court also fixed December 18, for the hearing of the plaintiff ’s motion on notice dated November 23, 2017. Justice Kolawole in making the order termed “hybrid preservative order” agreed with the submissions of Ozekhome that the business operations of the plaintiff may be crippled if the ex parte restraint order made by the Crown Court, London on October 19, 2017 is allowed to be registered in Nigeria, before determination of the motion on notice: ”The facts of the instant case by my assessment presents a peculiar circumstance which this court needs to address. One of the facts is that by the Nigerian law, that is Foreign Judgement Fiscal Act, interim expropriating orders such as it is alleged to have been made by the Crown Court in London

are not registrable for the enforcement in Nigeria”, Kolawole held. AITEO, a major player in the upstream sector of the Nigerian oil industry, as well as the joint/operator of oil mining lease (OML) 29, an asset which is jointly owned by it and the Federal Government, through the NNPC, which subscribes to 55% of the said asset. The ex parte application had sought “an order of interim injunction restraining the defendants jointly or severally, either by themselves, agents, operatives, privies, servants, aides or through any persons howsoever from interfering with or obstructing the business operations, activities and undertakings of the plaintiff, either by way of embargoing or freezing any of its accounts or obstructing it’s activities in any way or manner whatsoever. It also prayed for “An order of interim injunction restraining the defendants jointly or severally, either by themselves, agents, operatives, privies, servants, aides or through any persons howsoever from relying on, activating, making use of, registering and or applying/enforcing the ex parte restraint order dated 19 October, 2017, made in suit Nos: 82/17, in the Matter of Benedict Peters (alleged offender) and Nnenna Peters and 5 others (third parties) etc, by the Crown Court, sitting at Southwark, United Kingdom, coram, His Honour Judge Beddoe, to disrupt, distract, frustrate, meddle

(with), hinder, impede the business operations, undertakings, negotiations and activities of the plaintiff. Arguing the ex parte motion earlier, Ozekhome, citing authorities, had urged the court to make a preservative order for maintenance of the “status quo ante bellum” in order to halt the defendants from taking any steps prejudicial to the the business concerns and activities of Aiteo. A 20-paragraph affidavit in support of motion swore to by one Andrew Onyearu, a Director in AITEO stated that the registration and enforcement in Nigeria of the ex parte

restraint order dated October 19, 2017, will deny the plaintiff of its proprietary rights in properties and assets legitimately acquired by it in Nigeria without infringing on any Nigerian law and frustrate its commitment to third parties with respect to onshore and offshore obligations. The deponent averred that judgments and orders of foreign courts have to be first registered in Nigeria before they can be enforced, and that defendants are making preparations, through Clause 28 of the said order, to register it in Nigeria, when it has not met the legal requirements.

HIV/AIDS: World records 41.5m deaths in 2017 - WHO Samuel Luka, Bauchi

ÏÏÏA

representative of World Health Organisation (WHO), Akim Bursali, at the weekend put the number of death from HIV/AIDS in 2017 worldwide at not fewer than 41.5 million persons. Bursali stated this in Bauchi during an occasion in commemoration of 2017 World AIDS Day with theme “Right to health-making it happen”, organised by the wife of the Bauchi State Governor in collaboration with the Bauchi State Agency for the control of HIV/AIDs, Tuberculosis/ Leprosy and Malaria, BA-

CATMA, held in Misua Local Government Area of the state. He said that an estimated 36.7 million persons are currently living with HIV, making it one of the most important global public health issues recorded in history, adding that that the death rate from AIDS epidemic has decreased since it peak in 2005 with 1 million deaths in 2016 compared to 1.9 million deaths in 2005. Bursali said: “We have achieved much in the past 30 years. Today, 21 million persons in the world are receiving anti-retroviral therapy that is enabling them to live full and productive lives.

Daily Times Nigeria Monday, December 11, 2017

15 Column

How corruption in high places breeds enslavement of Nigerian youths in Libya, Saudi Arabia

Guest Columnist GBEMIGA OLAKUNLE, JP

“ ‘

There have been cases of senior civil Servants that have been caught with more than 35 exotic cars. Same goes with some disgraced Military Service Chiefs whose properties worth billions of naira and millions of hard currencies buried in soak away pits whose properties were confiscated by the Federal Government. Another case that readily comes to mind is the ongoing drama of Mainagate.

’

From the sole of the foot even unto the head there is no soundness in it; but wounds, and bruises, and putrefying sores: they have not been closed, neither bound up, neither mollified with ointment. Your country is desolate, your cities are burned with fire; your land, strangers devour it in your presence, and it is desolate as overthrown by strangers” – Isaiah 1:6 – 7, KJV. In Nigeria, corruption is both endemic and systemic and it manifests itself in various forms and shapes. Sometimes it can appear in form of betrayal of trusts when Public Office Holders and Top Civil –Servants dip their hands into Government Treasuries and loot the money or funds that are entrusted to their care. This kind of financial misappropriation can also be referred to as outright stealing or fraud. There have been cases of Senior Civil Servants that have been caught with more than 35 exotic cars. Same goes with some disgraced Military Service Chiefs whose properties worth billions of naira and millions of hard currencies buried in soak away pits whose properties were confiscated by the Federal Government. Another case that readily comes to mind is the ongoing drama of Mainagate. And it is one of the several cases of how highly – placed Civil –Servants and other Public Officials are living above their means. Speaking with journalists outside the venue of the House of Representatives Adhoc Committee investigating the disappearance, reappearance and reinstatement of the embattled former Chairman of the Presidential Task Force on Pension Reform Team, Abdulrasheed Maina, Ibrahim Magu who is the Acting Chairman of the Economic Financial Crimes Commission (EFCC), recently made an appeal to Nigerians to stop glorifying corruption in the country, wondering how Maina would explain the N2.7 Billion found in his account. Magu went futher to state that “His son (Maina’s son), Faisal Abdullahi, has N1.5 billion in his account and he is just seven years old and people are glorifying him. He has mansions scattered all over, with which salary did he acquire such assets?’’ (Vanguard, Friday De-

Buhari cember 1, 2017, Pages 1& 5). As if to buttress or lend credence to the alleged wide spread of corruption in the country, David Cameron, the immediate former Prime – Minister of the United Kingdom once reportedly remarked that the United Kingdom would have gone under, if the amount of money (Trillions of naira) that was stolen in Nigeria in the past few years took place in his country. And we cannot agree less. Apart from incidences of financial misappropriation, frauds, or outright stealing, another form through which corruption manifests itself is through nepotism which has become cancerous in the nation’s socio – economic and political system. Under nepotism, some crucial appointments into certain offices are made on the basis ethnicity, family attachments or religion at the expense of merit, fair play and equity. Even recruitments of qualified applicants into certain establishments/organizations can be hampered through nepotism. The resultant effect may be the mad rush of our youths into foreign lands to try their lucks when similar opportunities were denied them in their own country on the basis of family, ethnic and religious backgrounds. While the skilled/ trained labour who migrated as a result of lack of equal opportunities to foreign lands like the United Kingdom (UK) and the United States of American (USA) end up adding

value and contributing their quotas to the Gross Domestic Products (GDPs) of their host countries, the unskilled among them sometimes are transformed to be hewers of wood and carries of water. And in extreme cases, their evil Taskmasters may turn them into sex – slaves or sold into other forms of slavery. In more bizarre cases, others end up on the slaughter slabs of very wicked criminals in those foreign countries who killed them and harvested their vital organs for the medical needs of patients who need organs – transplant for their survival. In recent times, video clips have been circulating on the social media where our brothers and sisters who were rescued from the enslavement of Libyans where they were telling/ recounting tales of woes of the level of dehumanization they suffered. Some of these tales were unimaginable and too horrific to be printed out. And these Nigerian youths suffered all these high levels of human degradation, maltreatment and embarrassment in their quest to seek for the so – called “greener pastures” outside the country. Ironically, many adventurous Nigerian youths found themselves sold into slavery in Libya and Saudi – Arabia at a time when monumental frauds are being uncovered among the past and the present Ruling elites despite the declaration of war on corruption by the adminis-

tration of President Muhammed Buhari. And it should be noted that this current Administration rode into power on the back of change – mantra with the promises that it wouldn’t be business as usual as far as the cankerworms of corruption which was the handwork of its predecessor, is concerned. Although this government may be trying its best, however with the recent can of worms that are being opened in the public square within its circles, the government must try harder in order to win the battle against the monster – corruption. While we agree with the Federal Government that it is not obligated to give job to every Nigerian that are employable, it can at least ensure that suspected high incidences of nepotism are reduced to the barest minimum so that equal opportunities can be given to every Nigerians irrespective of their differences in family, ethnic or religious backgrounds. Most Nigerians, especially the youths are fleeing the country in their droves, not because of greed but because of not been given equal opportunities to show case their talents and contribute their own quotas to the development of their nation. As we have earlier noted, nepotism is another form of corruption. And it is the sole responsibility of the government of the day to deal with it. This is the time for President Muhammed Buhari to proof himself right that he belongs to nobody and that he truly belongs to everybody. And in order to rehabilitate hundred of Nigerians that are rescued from slavery in Libya (not to leave out Saudi – Arabia), government should mop – up the recovered loots from our suspected corrupt officials and put them into judicious use or create more enabling environments in our Agro – Allied Industries, the Manufacturing and the Solid Minerals sectors where these youths can be gainfully employed. One of the returnees from Libya has revealed in a video – clip that about 35 refugees’ camps having hundreds of Black – Africans including Nigerians scattered all over Libya are indeed slave – camps. And we are admonishing the Federal Government to put contingency-plans in place, as recommended above, in order to accommodate and rehabilitate them. Otherwise, the government may begin to witness an increase in crime waves that are associated with youth mass – unemployment. This should be the focus and the concerns of our politicians and the Ruling Elites now and not jostling for power in 2019. Gbemiga Olakunle, JP General Secretary, National Prayer Movement gbemigaolakunle@yahoo. co.uk gbemigaolakunle.blogspot. com Abuja.

Daily Times Nigeria Monday, December 11, 2017

FEATURES

Patients hit by shortage of drugs as prices soar Gbubemi God’s Covenant Snr Shortages of at least 100 drugs have forced NHS officials to approve temporary price rises Cancer patients and people with severe mental illness are going without essential medicines because of shortages that have cost the NHS £180m (about N66.6m) in six months. At least 100 drugs have been affected by supply problems, forcing health officials to approve temporary price rises of up to 4,000 per cent to boost stocks. The NHS is spending more than £50 million a month overpaying for the medicines but pharmacies are still running out for days at a time and turning patients away. Paul Rogers of Times reports that Ministers are now investigating amid fears that the market is being manipulated to drive up prices. Pharmacists have complained that there have been cases where a drug in severe shortage becomes available immediately when a higher price is granted. Warwick Smith, director-general of the British Generic Manufacturers Association, said “something very unusual” was going on and suggested that wholesalers were artificially inflating prices. Mr. Smith said that concessionary prices agreed by the government were on average two and a half times larger than manufacturers’ charges. “It’s not in manufacturers’ interest to exaggerate their price increases,” he said. “It doesn’t make them any money, it just makes them less popular. Something is going on somewhere else in the supply chain.” Prostate and breast cancer drugs taken by tens of thousands of people are among those affected as well as epilepsy treatments and several common antipsychotic medicines used to treat schizophrenia and bipolar disorder. Simon Wigglesworth, head of the charity Epilepsy Action, said that people were being forced to change drugs because of shortages. “The impact of this should not be underestimated [People with epilepsy] may not be able to drive or work, and experience severe anxiety or depression as a result of switching medication,” he said. Baroness Morgan of Drefelin, chief executive of Breast Cancer Now, said that shortages of the hormonal therapy anastrozole, taken for years after surgery to stop tumours returning, were incredibly worrying, adding: “Delays in receiving treatments can cause further uncertainty and anxiety at an already difficult time. Crucially, if adherence to hormone therapy drops further, breast cancer recurrence rates could increase, ultimately costing women’s lives.” Under rules to combat supply problems, a pharmacy industry body can ask the Department of Health to grant a month of higher prices, known as price concessions, for drugs that are difficult to obtain. The cost to the health service of one drug, the anti-psychotic quetiapine, has risen from £1.62 to £65 and the total extra cost to the NHS of the concession price rises has increased from £2.5 million in April to £32.1 million in June and £53.4 million in September. Overall the shortages have cost an extra £177.9

ÏLƆ Ɛ Ƌ ƈƋƋ Ɔ èƅ ƅƆƏ ƑƇƇƆƏƆƏ Ƈ ƏƅƆƗ Ɛ Ɠ ƈƐ

Shortage of specialised drugs - a national concern

ages of supply and other factors but we still have some of the cheapest prices in Europe.” Case study

million between April and September, the most recent month for which data is available. The cost is likely to be rising further as pharmacists report “unprecedented” shortages, with difficulties obtaining 97 drugs last month, up from 27 in April. Mark Burdon, a member of the Pharmaceutical Services Negotiating Committee, which makes these formal requests, said that high street chemists were “scratching around” for crucial supplies. “The most worrying ones are drugs for mental health. It’s terrifying for patients when they can’t get something they are stable on. Anti-cancer drugs too cause huge anxiety for patients,” he said. “We have to spend a lot of time reassuring people — ‘Yes, we’ll definitely have it, but probably not today or tomorrow. Can you scratch by until Friday?’. It does happen that we have to say to patients, ‘We can’t get this for love nor money’.” He said that pharmacists were having to

beg GPs and hospitals for supplies. Many of the shortages have occurred in drugs made by several companies that have been available for years without any supply problems. At least two manufacturers have been forced by regulators to suspend some production this summer but the rise in shortages appears to have begun at least two months before these problems. Martin Sawer, executive director of the Healthcare Distribution Association, representing large wholesalers, insisted that they were not manipulating the market but called for more scrutiny of smaller wholesale licence-holders. “Our members do not sit on stock, they make generics available to customers as soon as they get them,” he said. The Department of Health said: “Our priority is to ensure medicines used by the NHS are certified as safe and effective, even if this costs the NHS more money The generic drugs market is particularly volatile at present due to short-

Dr Wayne Kampers, 53, a consultant psychiatrist in London, said his patients had suffered depression and suicidal thoughts as a result of medicine shortages (Billy Kenber writes). “About 20 per cent have either not been able to get the medication that’s been prescribed or they’ve been given a different form of that medication and that has significantly affected their mental health,” he said. Dr Kampers, who works at the Priory in southwest London as well as in Harley Street, said that one patient had been stable on an antipsychotic drug for many years but recently had to switch because it suddenly became unavailable. “They really struggled,” he said. He described the problems suffered by another patient who was prescribed an antidepressant. “He went to at least 12 different pharmacies around where he lived and worked and not a single one was able to dispense it and nor could they tell him when it was going to become available. The impact of the shortages has been far reaching.”

Daily Times Nigeria Monday, December 11, 2017

ORI-OKE KIIBATI PRAYER MINISTRY

Companies Registration 21 (Trustees)

CHRISTIANVILLE MINISTRY

This is to inform the general public that the above named has Applied to the Corporate Affairs Commission for registration under part C of the Companies and Allied Matters Acts of 1990.

This is to inform the general public that the above named has applied to the Corporate Affairs Commission for registration under part C of the Companies and Allied Matters Acts of 1990.

Trustees are : 1. Alimi Johnson Musiliu 2. Obasa John Ayodele 3. Obasa Joseph Bayo

Trustees are : 1. OMOYIOLA ABIDEMI OLUDOLAPO 2. OMOYIOLA ZAINAB OLUWATOSIN AIMS: REACHING THE LOST, EDIFYING THE BODY OF CHRIST.

Aims: To preach the gospel of Jesus Christ. Any objection to this registration should be forwarded to the Registrar General ,plot 420, Tigris Crescent, off Aguiyi street, Maitaima, Abuja within 28 days of this publication.

Any objection to this registration should be forwarded to the Registrar General, plot 420, Tigris Crescent, off Aguiyi Ironsi street, Maitaima, Abuja within 28 days of this publication. SIGNED: TRUSTEES

Signed: Trustees

BURION NIGERIA LIMITED

GOD’S FULLNESS GLOBAL CHRISTIAN ASSEMBLY This is to inform the general public that the above named has applied to the Corporate Affairs Commission for registration under part C of the Companies and Allied Matters Acts of 1990. Trustees are : 1. OGUNLEKE JOSHUA ADEWALE 2. OGUNLEKE MATTHEW OLABOSOYE 3. ADESANYA DAVID MAYOWA 4. FOLAHANMI SESAN 5. OLUWANIYI ADEDAPO OLUTOYESE

AUCTION ! AUCTION. ! ! AUCTION ! ! !

LIST OF ITEMS ARE : IVECO CARGO TECTOR, CARINA E, FORD BUS, TOYOTA YARIS, PEUGEOT BOXER, VOLKSWAGON, LT 35 VOLKSWAGON, DODGE CARAVAN AND MAN DIESEL TRUCK AT TRADE FAIR COMPLEX CONDITION OF SALES : 1) The highest bidder shall be the Purchaser 2) Payment is Strictly by Cash 3) Purchases Must be backed with Ogun State Ministry of Environment and Auctioneer Receipts 4) Removal of Vehicles Purchased is two Working days after Payment.

Any objection to this registration should be forwarded to the registrar General, plot 420, Tigris Crescent, off Aguiyi Ironsi street, Maitaima, Abuja within 28 days of this publication. Signed: Trustees

DATE OF INSPECTION : Wednesday , 13th of December to Friday, 15th of December , 2017. DATE OF SALES : Tuesday,19th of December, 2017. VENUE :, Along Ogere /Ajura Road and Trade Fair Complex, Oke Mosan .Ogun state TIME : 10 .00am Prompt. For Further information Please Contact Auctioneer, Alh Owolabi (08033761482)

RETIRED PERMANENT SECRETARIES ASSOCIATION ENUGU This is to inform the general public that the above named ASSOCIATION has Applied to the Corporate Affairs Commission Abuja for registration under part “C” of the Companies and Allied Matters Act of 1990. -

A CONSULTANT TO OGUN STATE MINISTRY OF ENVIRONMENT This is to inform the General public that, Auctioning of junks Items will take place at Along Ogere, Ajura road, Ogere Junk yard and Trade Fair Complex, Oke Mosan, Ogun State

AIMS: To preach the gospel of Jesus Christ.

THE TRUSTEES ARE: 1 MRS VIVIENNE EZE 2. SIR ONYEKA .I. NNAMANI 3. ENGR. RAYMOND .N. OKENWA 4. CHRIS NGWU UGWU 5. PATRICK AMECHI OKOLO

1,Onibuore Junction, Abeokuta Road, Ogere Remo, Ogun State

CHAIRMAN SECRETARY

AIMS & OBJECTIVE 1) To foster the social and economic well being of its members 2) To encourage fruitful participation of our members in the social, economic and moral development of our state and the nation. 3) To serve as a reservoir of experience to all tires of government civil service matters. Any objection to the registration should be forwarded to the Registrar General, Corporate Affairs Commission, Plot 420 Tigris Crescent, Off Aguiyi Ironsi Street Maitama, Abuja within 28 days of this publication. Signed: MRS VIVIENNE EZE, Chairman

CHRISTIANS INITIATIVE FOR NIGERIA ORPHANS

This is to inform the general public that the above named BODY has applied to the Corporate Affairs Commission, Abuja for registration under part C” of the companies and Allied Matters Act 1 of 1990 Names of Trustees 1. Pastor Famose Moses Babatunde - President 2. Pastor Nwaka Daniel Olorunwa 3. Pastor Ogundele Caleb Ayodele - General Secretary 4. Pastor Kayode Olalekan Segun 5. Pastor Jesuniyi Sunday Adebayo 6. Mrs Olorunfemi Olajire Omolade 7. Pastor Shokunbi Olayinka Peter Aim and Objectives: 1. To create Institution for orphans and less privileged Children in Communities 2. To empower orphans and less privileged children by giving them education and healthy life 3. To bring orphans from institutions into permanent loving families Any Objection to this registration should be forwarded to Registrar- General Corporate Affairs Commission plot 420, Tigris Crescent, Maitama Abuja within 28 days of this publication Signed: Trustees

STEPHANIE POWERS FOUNDATION The general public is hereby notified that the above named Foundation has applied to the Corporate Affairs Commission (CAC), Abuja for registration under Part C of the Companies and Allied Matters Act 1990 THE TRUTEES ARE: 1. Miss Osaghae Stephanie Osayawe 2. Mr Okeme Abutu Adah 3. Mr Samuel Adedotun Ajibulu

----Chairman ----Secretary ---Member

AIMS AND OBJECTIVES: 1.Increase awareness on femininity, sexuality, hygiene, and AIDS among the female gender. 2. Educate the Girl child against drugs, and other social vices. 3..Provide social and financial empowerment/scholarships to girls. 4. Organise forums, seminars, camps and competition for spreading moral values, self confidence and to create centers throughout the country for the above activities. Any objection to the registration should be forwarded to the Registrar-General, Corporate Affair Commission, Plot 420 Tigris Crescent, Off Aguiyi Ironsi Street, Maitama, Abuja within 28 days of this publication. Signed: Secretary

ABON-OBASI REVIVAL GOSPEL CHURCH This is to inform the general public that the above named has applied to the Corporate Affairs Commission, Abuja for registration under part C” of the companies and Allied Matters Act 1 of 1990 Trustees Name: 1. Bassey Moses Ogar -------- Chairman 2. Ojong Christiana Achu----- Secretary 3. Ita Prince Tabe 4. Naku Clement Anike 5. Ogar Offa Bassey 6. Tandban Asu Nbim Aims/Objectives: 1. To preach the gospel of our Lord Jesus Christ. 2. To bring people to Salvation and repentance. Any Objection to this registration should be forwarded to RegistrarGeneral Corporate Affairs Commission plot 420, Tigris Crescent, Maitama Abuja within 28 days of this publication Signed: Trustees

CITIZEN GOLF AWARDS AND TOURS FOUNDATIONS

xxxx

WELL OF SALVATION EVANGELICAL MINISTRY

This is to inform the general public that the above named has applied to the Corporate Affairs Commission for registration under part C of the Companies and Allied Matters Acts of 1990. Trustees are: 1. Evang (Mrs) Lillian Otsemaye Bademosi 2. Temiladeoluwa Oluyele Bademosi. 3. Chuks Luke Ozemena Nwachukwu 4. Temiloluwa Oluwadasola Bademosi 5. wuraola Adesulu 6. Michael Eyimisan Jogho 7.Mrs Adeola Thomas Osinowo 8. Mrs Clara Egbigwe. 9. Atama Aminu Amodu Aims: 1. To preach the Gospel Of Jesus Christ. 2. To evangelize & win souls for Jesus Christ. Any objection to this registration should be forwarded to the Registrar General, plot 420, Tigris Crescent, off Aguiyi Ironsi street, Maitaima, Abuja within 28 days of this publication. Signed: Trustees

xxxx

AVANCER DEVELOPMENT INITIATIVE

This is to inform the general public that the above named foundation has applied to the Corporate Affairs Commission for registration under part ‘C’ of the Companies and Allied matters Act 1990. THE TRUSTEES ARE: (1) UDUMA, PATRICK MADUABUCHI -CHAIRMAN (2) BASIL PRAISES CHIOMA - SECRETARY (3) IGBOKIDI, UGOCHUKWU MELVIN (4) NWABUNIKE, UCHEOMA CHISOM (5) OGUMOR, AVOKE GLADYS AIMS & OBJECTIVES: 1) HELPING YOUTHS TO DEVELOP SKILLS THROUGH LIFE TEACHING AND COACHING. 2) PROVIDE A PLATFORM THROUGH WHICH YOUTHS ARE ENCOURAGED TO START THEIR OWN BUSINESS. 3)PROVIDING ENCOURAGEMENT, MORAL SUPPORT IN CAREER GUIDANCE THROUGH MENTORING. Any objection to this registration should be forwarded to the Registrar-General, Corporate Affairs Commission, Plot 420, Tigris Crescent, Off Aguiyi Ironsi Street, Maitama, Abuja within 28 days of this publication. Signed UDUMA, PATRICK MADUABUCHI - CHAIRMAN MA TIHEW JOHN SIMON

I formerly known and addressed as MATIHEW J SIMEON , now wish to be known and address as MA TIHEW JOHN SIMON . All former documents remain valid. General public take note. EMENIKE PRECIOUS NKEIRUKA

I formerly known and addressed as EMENIKE HOPE NKEIRUKA now wish to be known and address as EMENIKE PRECIOUS NKEIRUKA . All former documents remain valid. General public take note.

MRS MBAKWEM VIVIAN NGOZI I formerly known and addressed as MISS NWACHUKWU VIVIAN NGOZI, now wish to be known and address as MRS MBAKWEM VIVIAN NGOZI. All former documents remain valid. General public take note. MRS JOY CHIOMA ACHUSIM

I formerly known and addressed as MISS JOY CHIOMA AUGUSTINE and JOY CHIOMA OKPE, now wish to be known and address as MRS JOY CHIOMA ACHUSIM. All former documents remain valid. General public take note.

SAMAT COMFORT FOUNDATION

The General public is hereby notified that the above named FOUNDATION has applied to Corporate Affairs Commission for registration under part C of the Companies and Allied Matters Act 1990.

THE TRUSTEES ARE:1. Micheal Alao Oyesiji 2. Lateef Adisa Lasisi 3. Oyegunle Olalekan James 4. Sanusi Adisa Mustapha 5. Olajide Iskilu Bolaji 6. Sorunke Oladimeji Gbenga 7. Akanni Sina Ebenezer

THE TRUSTEES ARE:1. Moyosore Adetoun Olowonmi - Chairman 2. Ayodele Richard Koleade 3. Otunba Isiaq Taiwo 4. Temitope Oluwafunmilayo Olowonmi - Secretary

THE AIM AND OBJECTIVE IS:To promote the game of GOLF nationally and internationally Any objection to this registration should be forwarded to the Registrar-General, Corporate Affairs Commission, Plot 420, Tigris Crescent, Off Aguiyi Ironsi Street, Maitama District, Abuja within 28 days from the date of this publication SIGNED BY: SECRETARY

THE GLOBAL LIBRATION ARENA EMPOWERMENT FOUNDATION

THE AIM AND OBJECTIVE IS :To assist widows, orphans and less privileged Any objection to this registration should be forwarded to the RegistrarGeneral, Corporate Affairs Commission, Plot 420, Tigris Crescent, Off Aguiyi Ironsi Street, Maitama District, Abuja within 28 days from the date of this publication SIGNED BY: SECRETARY

CHEERLEADING AND MAJORETTE ASSOCIATION OF NIGERIA

The General public is hereby notified that the above named FOUNDATION has applied to Corporate Affairs Commission for registration under part C of the Companies and Allied Matters Act 1990.

The General public is hereby notified that the above named ASSOCIATION has applied to Corporate Affairs Commission for registration under part C of the Companies and Allied Matters Act 1990.

THE TRUSTEES ARE:1. Raphael Uvietobore Blacky 2. Philip Akpofure Ughwumiakpor 3.Emuohwo Michael Eduvie 4. Abigail Ejiro Ughwumiakpor

THE TRUSTEES ARE:1. DR. OLUSEGUN AKINLOTAN 2. MRS OBIEZE LILIAN 3. CHINWE OKEKE 4. MR IFEANYI CHRISTOPHER OPUTA

(Chairman) (Member) (Member) (Secretary)

THE AIM AND OBJECTIVE IS:To impact the Nigerian youth and the rest of the world in the area of business, relationship, leadership and in politics. Any objection to this registration should be forwarded to the RegistrarGeneral, Corporate Affairs Commission, Plot 420, Tigris Crescent, Off Aguiyi Ironsi Street, Maitama District, Abuja within 28 days from the date of this publication SIGNED BY: SECRETARY

THE AIMS AND OBJECTIVES ARE:(1) To PropagateThe Christian Faith And Spread The Gospel Of Jesus Christ An Revealed (2) To Build Relationship Between God And Man in Fellowship (3) To liberate Man From The Power Of Satan through Deliverance Any objection to this registration should be forwarded to the RegistrarGeneral, Corporate Affairs Commission, Plot 420, Tigris Crescent, Off Aguiyi Ironsi Street, Maitama District, Abuja within 28 days from the date of this publication SIGNED BY: SECRETARY

22 Change of Names

Daily Times Nigeria Monday, December 11, 2017

NITIOLA ALEXANDER ELIJAH

MUSA ENEBI EMMANUEL

I, formerly known and addressed as OLUKOLU ELIJAH ALEXANDER OLUWASEUN, now wish to be known and addressed as NITIOLA ALEXANDER ELIJAH. All former documents remain valid. General Public/Authorities concerned should take note.

I formerly known and addressed as Usman Enebi Emmanuel, now wish to be known called and addressed as MUSA ENEBI EMMANUEL, All former documents remain valid and general public should please take note

OLANIYI OLUWAPELUMI SHUKURAT

SAMUEL IGONI CHINWEIKE

I formerly known and addressed as AKINTIMEHIN ADEOLA WUMI, with Wrong DATE OF BIRTH 20th, MARCH,1998 . Now wish to be known and addressed as OLANIYI OLUWAPELUMI SHUKURAT. My Correct DATE OF BIRTH is 20th.MARCH, 1999. All former document remain valid. General public should please take note.

I, formerly known and addressed as, SAMUEL AUSTINE IGONI, now wish to be known and addressed as, SAMUEL IGONI CHINWEIKE. All former documents remain valid. General public should take note.

I, formerly known and addressed as, JULIEN EKWO CHINENYE, now wish to be known and addressed as, EKWO JULIANA CHINENYE. All former documents remain valid. General public should take note.

EVELYN AKUOMA EZE

CHIBUZOR HENRY CHISOM I, formerly known and addressed as, CHIBUZOR CHISOM, now wish to be known and addressed as, CHIBUZOR HENRY CHISOM. All former documents remain valid. General public should take note.

MRS. EVANS DAMIETE QUEEN

I, formerly known and addressed as, EVELYN AKUOMA AKOR, now wish to be known and addressed as, EVELYN AKUOMA EZE. All former documents remain valid. General public should take note.

This is to confirm that I, ANAS MASHE, and ANAS YAHAYA is one and same person. All document bearing both names remain valid. General public should please take note.

KOROWU JERRY AYODELE I formerly known and addressed as JAMES JERRY AYODELE, now wish to be known and addressed as KOROWU JERRY AYODELE. All former document remain valid. General public should please take note.

TSHAKULA PAUL MAVINGARI I formerly known and addresssed as MAVINGA-TSHAKALA LOUISAN , now wish to be known and adddressed as TSHAKULA PAUL MAVINGARI . All former document remain valid. General public and SKYE BANK should take note of this.

DHIKIRULLAHI ROQEEB BOLAJI I formerly known and addressed as SIKIRU ROKEEB ALAO now wish to be known and addressed as DHIKIRULLAHI ROQEEB BOLAJI. All former document remain valid. General public should please take note.

MRS ODUBIYI ALABA OLUWASEUN

MR ADEJUMO SUNDAY OLABODE

Formerly known and addressed as MISS AKINSANYA ALABA OLUWASEUN now wish to be known and addressed as MRS ODUBIYI ALABA OLUWASEUN, ALL FORMER DOCUMENTS REMAIN VALID,GENERAL PUBLIC TAKE NOTE

FORMERLY KNOWN AND ADDRESSED AS MR ADEJUMO SUNDAY WASIU NOW WISH TO BE KNOWN AND ADDRESSED AS MR ADEJUMO SUNDAY OLABODE, ALL FORMER DOCUMENTS REMAIN VALID, FIRST BANK AND GENERAL PUBLIC NOTE

OMEIKE OGORCHUKWU RUTH

OMAKA SOMTO MARVELLOUS

COMFIRMATION OF NAMES

I formerly known as Onefeli Ogorchukwu Ruth wish to be known and addressed as Omeike Ogorchukwu Ruth. All former documents remain valid, general public please take note. DAILEY OMOLARA ARAMIDE

I formerly known as DAILEY OMOLARA TEMITOPE wish to be known and addressed as DAILEY OMOLARA ARAMIDE. All former documents remain valid, general public please take note.

I formerly known as Omaka Everest Marvellous wish to be known and addressed as Omaka Somto Marvellous. All former documents remain valid, general public please take note. MRS. ARUEZE-ODUWAIYE AUGUSTINA ADA

ADAM MUSA YAMA I formerly known called and addressed as MOSES DAUDA YAMA,now wish to be known called and addressed as ADAM MUSA YAMA. All former documents remain valid and general public should please take note EKWO JULIANA CHINENYE

ONAH JULIANA OGECHI I formerly known and addressed as UGWUOKE JULIANA OGECHI now wish to be known and addressed as ONAH JULIANA OGECHI. All former documents remain valid. General public should please take note. BLESSING OKPIRI I, formerly known and addressed as, BLESSING ALISEP OKPIRI and BLESSING OMMOLE OKPIRI, now wish to be known and addressed as, BLESSING OKPIRI. All former documents remain valid. General public should take note. MRS. PHIL OSHIOANOR IHUNWU

I, formerly known and addressed as, MISS. EREKOSIMA URIAH QUEEN, now wish to be known and addressed as, MRS. EVANS DAMIETE QUEEN. All former documents remain valid. General public should take note.

I, formerly known and addressed as, MISS. ODODAH PHIL ANAKHUAGBOH, PHILOMENA PIUS ODODAH, RACHAEL ODODAH, and PHIL ABRAHAM IHUNWO, now wish to be known and addressed as, MRS. PHIL OSHIOANOR IHUNWU. All former documents remain valid. General public should take note.

FRANK INI CLETUS

JULIANA. AKAKPUNWA OJUKWU

This is to inform the general public that my name UGWUOKE THERESA CHINASA was wrongly written during my BVN registration but now wish to be corrected and addressed as OBIDI THERESA CHINASA. All former documents remain valid. First Bank and General public should please take note.

SAMUEL ARIS BROWN

MRS. ONYEKACHI CHINELO JUSTINA

I, formerly known and addressed as, SAMUEL RICHARDS. ASUQUO, now wish to be known and addressed as, SAMUEL ARIS BROWN. All former documents remain valid. General public should take note.

I, formerly known and addressed as MISS. EZEANYAGU JUSTINA CHINELO, now wish to be known and addressed as MRS. ONYEKACHI CHINELO JUSTINA .All former documents remain valid . the general public should take note.

MRS. TITUS MERCY

DANIEL PRINCE CHIDUBEM I formerly known and addressed as OKOLI PRINCE CHIDUBEM, now wish to be known and addressed as DANIEL PRINCE CHIDUBEM, My Correct Date of Birth is 27 APRIL, 1984. All former document remain valid. General public should please take note.

I, formerly known and addressed as, MISS AWUL TITUS MERCY, now wish to be known and addressed as, MRS. TITUS MERCY. All former documents remain valid. General public should take note. AUGUSTINA . E . IFY-NJOKU

I formerly known and addressed as OBOT KINGSLEY CLETUS , now wish to be known and addressed as FRANK INI CLETUS. All former document remain valid. General public should please take note.

I formerly known and addressed as AUGUSTINA . E .. EBARE , now wish to be known and addressed as AUGUSTINA . E . IFY-NJOKU. All former document remain valid. General public should please take note.

IZUAGA CHRISTIAN IFEANYI

I formerly known and addressed as IZUAGA CHRISTIAN now, now wish to be known and addressed as IZUAGA CHRISTIAN IFEANYI. All former document remain valid. General public should please take note.

OGBUO CHISOM THERESA I formerly known and addressed as IWUCHUKWU CHISOM THERESA now wish to be known and addressed as OGBUO CHISOM THERESA. All former documents remain valid. General public to please take note.

I formerly known and addressed as NUREEN RASHEED now wish to be known and addressed as ADEBISI LUKUMAN IDOWU. All former documents remain valid. General public to please take note.

AWOYE-OMOLAYO OLUWAKEMI OLUSEUN

AKANDE MARY TOLANI

OMOIFO INIBOKUN EMMANUELLA

Formerly OMOLAYO OLUWAKEMI OLUSEUN NoW AWOYE-OMOLAYO OLUWAKEMI OLUSEUN. Former documents remains valid. General public should take note.

MUHAMMED JAMIU ABDUL JELEEL.

I formerly known as MUHAMMED TITILAYO ABDUL wish to be known and addressed as MUHAMMED JAMIU ABDUL JELEEL. All former documents remain valid, general public please take note.

Formerly AKANDE MARY JUWON now AKANDE MARY TOLANI, Former documents remains valid. General public should take note. YUSUF ABOSEDE I formerly known as YUSUF WOSILAT AGBEKE and GTB Bank, Wrongly Spell my surname with YUSUFF WOSILAT AGBEKE wish to be known and addressed as YUSUF ABOSEDE and BVN No is 22316670001. All former documents remain valid, general public please take note.

CORRECTION OF NAME

I formerly known and addressed as IKEGWUANI CHIKE now wish to be known and addressed as IKEGWUANI CHUKWUNWEIKE ONYEDIKE. All former documents remain valid banks and general public take note.

I formerly known and addressed as MISS .JULIANA AKAKPUNWA OKOCHA , now wish to be known and addressed as JULIANA. AKAKPUNWA OJUKWU. My correct DATE OF BIRTH is 28 DECEMBER. 1990. All former document remain valid. General public should please take note.

ADEBISI LUKUMAN IDOWU

BOGBO VICTORIA NGAM I formerly known and addrressed as BOGBO VICTORIA OKARA, noow wish to be known and addressed as BOGBO VICTORIA NGAM. All former document remain valid. General public should please take note. OKEREKE CHINYERE OGBONNE I formerly known and addressed as OBASI STELLA now wish to be known and addressed as OKEREKE CHINYERE OGBONNE. All former documents remain valid. General public to please take note.

FORMERLY OMENAI INIBOKUN EMMANUELLA NOW OMOIFO INIBOKUN EMMANUELLA. Former documents remains valid. General public should take note.

MR. OYEOBA OSEMUBO ELIOT AND MRS. PÀTIENCE OMOKUGBO ELIOT WE FORMERLY KNOWN AND ADDRESSED AS MR. ELIOT OSEMUBO OYEOBA AND MRS. PATIENCE OMOKUGBO OYEOBA NOW WISH TO BE CALLED AND ADDRESSED AS MR. OYEOBA OSEMUBO ELIOT AND MRS. PÀTIENCE OMOKUGBO ELIOT. ALL FORMER DOCUMENTS REMAIN VALID. GENERAL PUBLIC SHOULD TAKE NOTE.

MR. SAMUSIDEEN ADELUMOLA ODUNSI I FORMERLY KNOWN AND ADDRESSED AS SAMSONDEEN AKANNI ODUNSI NOW WISH TO BE KNOWN AND ADDRESSED AS MR. SAMUSIDEEN ADELUMOLA ODUNSI, WITH CORRECT Date of Birth 20/4/1957 . All former documents remain valid, FIRST BANK AND general public should please take note.

I formerly known as AFEAH AWASE I WISH TO ADD ‘’TERVER’’ TO MY FOMER NAME THAT I HENCEFORTH WISH TO BE KNOWN AND addressed as AFEAH AWASE TERVER. All former documents remain valid, general public please take note.

ADDITION OF NAMES

OJO-PAASIO OLUROPO

ADDITION OF NAME

ANIFOWOSE MARY AYOMIDE

NNEJI SUNDAY DESTINY

I formerly known and addressed as MISS ARUEZE AUGUSTINA now wish to be known as MRS. ARUEZE-ODUWAIYE AUGUSTINA ADA. All former documents remain valid. General Public please take note.

I, formerly known and addressed as PAASIO, OLUROPO JOSEPHINE, now wish to be known, called and addressed as OJO-PAASIO OLUROPO. All documents bearing my former names remain valid. General public and Authorities Concerned should please take note.

That I was formerly known and addressed as JOHN UMAH, that I wish to add UGOCHUKWU to my name. That henceforth, I now wish to be known, called and addressed as JOHN UGOCHUKWU UMAH . All documents bearing my former names remain valid. General public and Authorities Concerned should please take note.

I, formerly known and addressed as ADENOTE MARIA ALABA, now wish to be known, called and addressed as ANIFOWOSE MARY AYOMIDE. All documents bearing my former names remain valid. General public and Authorities Concerned should please take note.

I, formerly known and addressed as ANIKE SUNDAY, now wish to be known, called and addressed as NNEJI SUNDAY DESTINY. All documents bearing my former names remain valid. General public and Authorities Concerned should please take note.

EMMANUEL ANIETIE IDONGESIT

MRS. AYUBA HELEN

OHIA CHUKWUGEKWU BARNABAS

I, formerly known and addressed as MISS HELEN EMMANUEL, now wish to be known, called and addressed as MRS. AYUBA HELEN. All documents bearing my former names remain valid. General public and Authorities Concerned should please take note.

I, formerly known and addressed as OHIA JEKWU SUNDAY, now wish to be known, called and addressed as OHIA CHUKWUGEKWU BARNABAS. All documents bearing my former names remain valid. General public and Authorities Concerned should please take note.

MRS OLAWOYE TEMITOPE ABIMBOLA

SEKONI AWANAT AYOMIKU

REMOVAL OF NAME

I, formerly known and addressed as JINADU AWANAT AYOMIKU, now wish to be known, called and addressed as SEKONI AWANAT AYOMIKU. All documents bearing my former names remain valid. General public and Authorities Concerned should please take note.

That I was formerly known and addressed as IDOWU MARIO KIZITO ADUGBE, but I want to remove KIZITO from my names That henceforth; I now wish to be known, called and addressed as IDOWU MARIO ADUGBE. That all former documents relating to the former names remain valid. That general public and authority concern should please take note.

I, formerly known and addressed as EMMANUEL ABRAHAM ENOCH, now wish to be known, called and addressed as EMMANUEL ANIETIE IDONGESIT. All documents bearing my former names remain valid. General public and Authorities Concerned should please take note.

GRACE AKUDO OKEREKE I, formerly known and addressed as AMARIKWA GRACE AKUDO, now wish to be known, called and addressed as GRACE AKUDO OKEREKE. All documents bearing my former names remain valid. General public and Authorities Concerned should please take note.

MRS. OLAYINKA AFUSAT NNA

SHOBALOJU OYEFESO FATIMOH BIDEMI

DAVID COMFORT JENNIFER

ELOHO UFOMA SAMUEL

I, formerly known and addressed as DAUDA COMFORT JENNIFER, now wish to be known, called and addressed as DAVID COMFORT JENNIFER. All documents bearing my former names remain valid. General public and Authorities Concerned should please take note.

I, formerly known and addressed as JAMES UFOMA SAMUEL, now wish to be known, called and addressed as ELOHO UFOMA SAMUEL. All documents bearing my former names remain valid. General public and Authorities Concerned should please take note.

I, formerly known and addressed as MISS. ADENUGA OLAYINKA AFUSAT, now to be known and addressed as MRS. OLAYINKA AFUSAT NNA. all former documents remain valid, Authority concerned and General Public should take note.

IKEGWUANI CHUKWUNWEIKE ONYEDIKE

I, formerly known and addressed as SHOBALOJU BIDEMI FATIMOH, now wish to be known, called and addressed as SHOBALOJU OYEFESO FATIMOH BIDEMI. All documents bearing my former names remain valid. General public and Authorities Concerned should please take note.

FORMERLY MISS OLADEJI TEMITOPE ABIMBOLA now WISH TO BE ADDRESSED AS MRS OLAWOYE TEMITOPE ABIMBOLA. All former documents remain valid. General public take note.

MRS SONOLA ADEBIMPE ESTHER I Formerly known and addressed as MISS OBASANYA ADEBIMPE ESTHER now wish to be known, called and addressed as MRS SONOLA ADEBIMPE ESTHER All documents and certificates bearing my former names remain valid. Banks, Nigeria Immigration Service, Relevant Authorities and the General public Please take note.

Change of Names 23

Daily Times Nigeria Monday, December 11, 2017

OBAFEMI TEMITOPE FUNMILAYO

OKAFOR JOY OLUCHUKWU

I formerly known and addressed as Obafemi Funmilayo Aiyedona now wish to be known called and addressed as Obafemi Temitope Funmilayo. All former documents remain valid. General public take note

I formerly known and addressed as SYLVANUS JOY OLUCHI now wish to be known called and addressed as OKAFOR JOY OLUCHUKWU. All former documents remain valid. General public take note

MRS OWOSENI ITUNUOLA OLUSOLA

I formerly known and addressed as MISS OLALEYE ITUNUOLA OLUSOLA now wish to be known called and addressed as MRS OWOSENI ITUNUOLA OLUSOLA. All former documents remain valid. General public take note

KIO-LAWSON AKINNOLA IBIYINGBO WAITE

I formerly known and addressed as KIO-LAWSON IBIYINGBO WAITE now wish to be known called and addressed as KIOLAWSON AKINNOLA IBIYINGBO WAITE. All former documents remain valid. General public take note

ONISAROTU FUNMILAYO

IGWE CHUKWUMA CHRISTOPHE

I formerly known and addressed as AYINLA FUNMILAYO, now wish to be known and addressed as ONISAROTU FUNMILAYO. All former documents remain valid. General public take note.

I formerly known and addressed as IGWE CHRISTOPHE OKPARA, now wish to be known and addressed as IGWE CHUKWUMA CHRISTOPHE. That my correct date of birth is 01/01/1981 and not 01/10/1981. All former documents remain valid. General public take note.

AKINSOJU BABATUNDE ADEBANJI

SHOBOYEJO KUDIRAT OLUBUKOLA

MR. SAMUSIDEEN ADELUMOLA ODUNSI

I formerly known and addressed as SAMSONDEEN AKANNI ODUNSI, now wish to be known and addressed as MR. SAMUSIDEEN ADELUMOLA ODUNSI. That my correct date of birth is 20/04/57. All former documents remain valid. FIRST BANK and the general public take note. SHOLOLA TIWALADE TOLULOPE

I formerly known and addressed as AKINSOJI BABATUNDE ABDULKAREEM, now wish to be known and addressed as AKINSOJU BABATUNDE ADEBANJI. All former documents remain valid. General public take note.

I, formerly known and addressed as ODUYEBO KUDIRAT OWOMIDE OLUBUKOLA now wish to be known and addressed as SHOBOYEJO KUDIRAT OLUBUKOLA. All former documents remain valid. General public take note.

I formerly known and addressed as OLUFEMI TIWALADE TOLULOPE now wish to be known called and addressed as SHOLOLA TIWALADE TOLULOPE. All former documents remain valid. General public take note.

DAKWA MAREEN

OYEGOKE OLUBUSAYO ADEOLA

RITA CHINYERE AJOR - INOCHA

I, formerly known as Ogunkoya Olumide .S. now wish to be known and addressed as OYEGOKE OLUBUSAYO ADEOLA Former documents remain valid. General public take note

I, formerly RITA CHINYERE ONYEJE now wish to be reffered to as RITA CHINYERE AJOR - INOCHA. All former document still remain the same, UBA, FIDELITY, ZENITH, FCMB, DIAMOND, Police Micro Finance Bank and general public,please take note.

CORRECTION OF NAME My name was wrongly written as BAYEWU RASHIDAT ADENIKE and BAYEWUMI RASHIDAT Adenine, now wish to be known and addressed as BAYEWUNMI RASHEEDAT Nike, all former document remain valid General public take note.

I, formerly known and addressed as MISS AKPELU GLORY OZIOMA and MISS ANOSIKE GLORIA OZIOMA, now wish to be known, called and addressed as MRS. AFOLABI GLORY OZIOMA. All documents bearing my former names remain valid. General public and Authorities Concerned should please take note.

I, formerly known and addressed as CHRISTOPHER PATIENCE, now wish to be known, called and addressed as DAKWA MAREEN. All documents bearing my former names remain valid. General public and Authorities Concerned should please take note.

JOHN STELLA OLUCHI I FORMERLY KNOWN AND ADDRESSED AS UCHE STELLA OLUCHI NOW I WISH TO BE KNOWN AND ADDRESSED AS JOHN STELLA OLUCHI. ALL FORMER DOCUMENTS REMAIN VALID. GENERAL PUBLIC TAKE NOTE.

MRS. AFOLABI GLORY OZIOMA

NWANEKEZIE KC CHIJIOKE I, formerly known and addressed as NWANEKEZIE CHIJIOKE now wish to be known and addressed as NWANEKEZIE KC CHIJIOKE. All former documents remain valid. General public take note. SALAMI FAUSAT OMOWUNMI

I formerly known and addressed as Ashafa Fausat Omowunmi now wish to be known called and addressed as Salami Fausat Omowunmi. All former documents remain valid. General public take note. SIKIRU TITILAYO KUDIRAT

Formerly known and addressed as BELLO KUDIRAT, now wish to be known and addressed as SIKIRU TITILAYO KUDIRAT. All former documents remain valid. General public take note. ABDULSALAM YUSUF OLAIDE

Formerly known and addressed as AKINWOBI YUSUFF OLAYIDE, now wish to be known and addressed as ABDULSALAM YUSUF OLAIDE. All former documents remain valid. General public take note.

HARVEST OF EXCEEDING GRACE INT’L MINISTRY

COMMONWEALTH BUSINESSWOMAN’S NETWORK NIGERIA

TRUSTEES: 1. PASTOR UGEGE IBHADIYI JOHN 2. UGEGE ROSELINE FATIMATU 3. UGEGE PETER EDEMEWE 4. GODPOWER STELLA 5. BARR. EUNICE EBOSETALE ONAKPOBERUN 6. UGEGE OSEBHAHIEMEN ENLIGHTEN

TRUSTEES ARE 1. MRS AFOMA CLARA ADIGWE-- CHAIRPERSON 2. DR. ADEYINKA ADETOKUNBO TAIWO -- VICE CHAIRPERSON 3. MRS NELLA ANDEM--EWA RABANA, SAN, FCIARB -- SECRETARY 4. HON. VIVIAN AFOMA OKADIGBO -- TREASURER 5. MS. FARZANA SULIMAN VARACHIA -- MEMBER 6. HAJIYA RAMATU MUKTARI -- MEMBER

THIS IS TO INFORM THE GENERAL PUBLIC THAT THE ABOVE NAMED FOUNDATION HAS APPLIED FOR REGISTRATION TO THE CORPORATE AFFAIRS COMMISSION UNDER PART “C” OF THE COMPANIES AND ALLIED MATTERS ACT 1990. THE TRUSTEES ARE: 1. GOLDA OBI 2. CHIAMAKA ANGELICA OBI 3. HELEN ANATOGU 4. JEAN ELSIE OBI 5. SIOBHAN CHINWE OBI

AIMS AND OBJECTIVES: 1.TO SUPPORT, EMPOWER AND PROVIDE ENCOURAGEMENT TO THE ECONOMIC POTENTIAL OF WOMEN IN OUR SOCIETY. 2. TO PROVIDE TOOLS, LOGISTICS AND STRATEGIES FOR WOMEN TO ACHIEVE ECONOMIC SUSTAINABILITY.

THE AIMS AND OBJECTIVES 1. TO DEVELOP THE TOTAL CHILD THROUGH FORMAL EDUCATION WITH A PERFORMING ARTS ETHOS. 2. TO PROVIDE ENLIGHTENMENT FORUMS FOR THE DEVELOPMENT OF MUSIC AND DANCE TALENTS IN THE EDUCATIONAL INDUSTRY.

ANY OBJECTION TO THIS REGISTRATION SHOULD BE FORWARDED TO THE REGISTRAR GENERAL, CORPORATE AFFAIRS COMMISSION, PLOT 420 TIGRIS CRESCENT, OFF AGUIYI IRONSI STREET, MAITAMA, P.M.B 198, GARKI ABUJA WITHIN 28 DAYS OF THIS PUBLICATION.

ANY OBJECTION TO THE REGISTRATION SHOULD BE FORWARDED TO THE REGISTRAR GENERAL, CORPORATE AFFAIRS COMMISSION, PLOT 420, TIGRIS CRESCENT, OFF AGUYI IRONSI STREET, MAITAMA, ABUJA WITHIN 28 DAYS OF THIS PUBLICATION.

AIMS AND OBJECTIVES: 1. TO PREACH THE GOSPEL OF OUR LORD JESUS CHRIST AROUND THE GLOBAL WORLD 2. TO UNDERTAKE SUCCOUR TO THE UNDER PRIVILEGED ANY OBJECTION TO THIS REGISTRATION SHOULD BE FORWARDED TO THE REGISTRAR GENERAL, CORPORATE AFFAIRS COMMISSION, PLOT 420 TIGRIS CRESCENT, OFF AGUIYI IRONSI STREET, MAITAMA, P.M.B 198, GARKI ABUJA WITHIN 28 DAYS OF THIS PUBLICATION. SIGNED: BARR EUNICE EBOSETALE ONAKPOBEKUO

THE VESSEL OF MERCY AND HEALING GLORIOUS MINISTRY INT’L THE GENERAL PUBLIC IS HEREBY NOTIFIED THAT THE ABOVE NAMED HAS APPLIED TO CORPORATE AFFAIRS COMMISSION, ABUJA FOR REGISTRATION UNDER PART “C” OF THE COMPANIES AND ALLIED MATTERS ACT, NO. 1 OF 1990. THE TRUSTEES ARE: 1. NWOBODO DESTINY NDUBUISI - SENIOR PASTOR/FOUNDER 2. DESTINY JULIET OGECHI - ASST. PASTOR/CO -FOUNDER 3. UZOMA CHRISTAIN OZOEME - ADMINISTRATOR AIMS AND OBJECTIVES: 1. TO PREACH THE GOSPEL OF OUR LORD JESUS CHRIST. ANY OBJECTION TO THIS REGISTRATION SHOULD BE FORWARDED TO THE REGISTRAR GENERAL, CORPORATE AFFAIRS COMMISSION, PLOT 420 TIGRIS CRESCENT, OFF AGUIYI IRONSI STREET, MAITAMA, P.M.B 198, GARKI ABUJA WITHIN 28 DAYS OF THIS PUBLICATION. SIGNED: TRUSTEES

WINDING UP

GRACE COURT INTERNATIONAL SCHOOLS LIMITED PLOT 44, ROAD 14, UDOKA HOUSING ESTATE, AWKA, ANAMBRA STATE THE FEDERAL REPUBLIC OF NIGERIA COMPANIES AND ALLIED MATTERS ACT (CAP. C20) LAWS OF THE FEDERATION OF NIGERIA, 2004 PRIVATE COMPANY LIMITED BY SHARES GRACE COURT INTERNATIONAL SCHOOLS LIMITED (RC: 682961) SPECIAL RESOLUTION FOR WINDING UP AND APPOINTMENT OF LIQUIDATOR AT AN EXTRA-ORDINARY GENERAL MEETING OF THE MEMBERS OF GRACE COURT INTERNATIONAL SCHOOLS LIMITED (“ THE COMPANY”) HELD ON THE 17TH DAY OF NOV 2017, AT PLOT 44, ROAD 14, UDOKA HOUSING ESTATE, AWKA, ANAMBRA STATE AT 10:00AM IT WAS RESOLVED AS FOLLOWS: 1. THAT THE COMPANY KNOWN AS GRACE COURT INTERNATIONAL SCHOOLS LIMITED BE AND IS HEREBY VOLUNTARILY WOUND UP. 2. THAT KYRIAN C. UKAEGBU OF SUITE 6A ABUJA SHOPPING MALL ZONE 3 WUSE ABUJA BE AND IS HEREBY APPOINTED AS A LIQUIDATOR FOR THE PURPOSE OF WINDING UP THE AFFAIRS AND DISTRIBUTING THE ASSETS OF THE COMPANY. 3. THAT THE CORPORATE AFFAIRS COMMISSION BE INFORMED ACCORDINGLY.” DATED THIS 17TH DAY OF NOV 2017 SIGNED: VIVIAN RHALL EGWUATU DIRECTOR

SIGNED: MRS. CHINERE EGWUATU DIRECTOR

SIGNED: BARR. VICTOR OTOBOH 07060568465

BLESSED NEW LIGHT SOCIAL CLUB OF NIGERIA THIS IS TO INFORM THE GENERAL PUBLIC THAT THE ABOVE NAMED CLUB HAS APPLIED TO THE CORPORATE AFFAIRS COMMISSION (CAC),ABUJA, FOR REGISTRATION UNDER PART “C” OF THE COMPANIES AND ALLIED MATTERS ACT, 1990. THE TRUSTEES ARE: 1. EKEOGI IKECHUKWU BENJAMIN. 2. OKEY IKECHUKWU. 3. NNAMAH RO-MANUEL. 4. ALIAGBOSO UCHECHUKWU. 5. EZE UCHENNA. 6. ODO CHIJOKE. 7. OWOH EMMANUEL. 8. IFEANYICHUKWU NWACHUKWU EMMANUEL THE AIMS AND OBJECTIVES ARE : 1. TO FOSTER THE SPIRIT OF BROTHERLINESS AMONG MEMBERS. 2. TO ENCOURAGE ACTIVE ENGAGEMENT OF MEMBERS IN THE WELFARE OF ALL MEMBERS. 3. TO FORM A BLOC OF FRIENDS CAPABLE OF PULLING RESOURCES TOGETHER TO ACHIEVE COMMON GOALS. ANY OBJECTION TO THIS REGISTRATION SHOULD BE FORWARDED TO THE REGISTRAR GENERAL CORPORATE AFFAIRS COMMISSION, PLOT 420 TIGRIS CRESCENT, OFF AGUIYI IRONSI STREET, MAITAMA, ABUJA WITHIN 28 DAYS OF THIS PUBLICATION. SIGNED: EZUGWU CHIDIEBERE ESQ SOLICITOR. 07034544514.

DIVINE FIRE FOUNDATION MINISTER INTERNATIONAL THE GENERAL PUBLIC IS HEREBY NOTIFIED THAT THE ABOVE NAMED HAS APPLIED TO CORPORATE AFFAIRS COMMISSION, ABUJA FOR REGISTRATION UNDER PART “C” OF THE COMPANIES AND ALLIED MATTERS ACT, NO. 1 OF 1990. THE TRUSTEES ARE: 1. REV DR CLEMENT PATRICK ESHIET. 2. REV PASTOR EMMANUEL ENIN. 3. BRO OLUEHI NNAMADI TONY 4. MRS INEMESIT CLEMENT ESHIET 5. ELDER CLETHS UDOKO 6. DEACONESS MRS LOVINA BATHOLOMEW JAMES. AIM: 1. PROPAGATION OF THE GOSPEL OF CHRIST. OBJECTIVE: 1. BRINGING MEN AND WOMEN TO CHRIST. ANY OBJECTION TO THIS REGISTRATION SHOULD BE FORWARDED TO THE REGISTRAR GENERAL, CORPORATE AFFAIRS COMMISSION, PLOT 420 TIGRIS CRESCENT, OFF AGUIYI IRONSI STREET, MAITAMA, P.M.B 198, GARKI ABUJA WITHIN 28 DAYS OF THIS PUBLICATION. SIGNED: TRUSTEES

THE STRAUSS FOUNDATION

SIGNED: BARR. NANCY OKADIGBO

FRESH ADMA’S FOUNDATION

THE GENERAL PUBLIC IS HEREBY NOTIFIED THAT THE ABOVE NAMED HAS APPLIED TO CORPORATE AFFAIRS COMMISSION, ABUJA FOR REGISTRATION UNDER PART “C” OF THE COMPANIES AND ALLIED MATTERS ACT, NO. 1 OF 1990. TRUSTEES: 1. ONABE EDWARD ODU 2. AKINPELUMI, REGINA AIMS AND OBJECTIVES: 1. TO EMPOWERED PERSON’S THROUGH SKILLS ACQUISITION & TALENT DEVELOPMENT PROGRAMMES 2. TO CREATE AWARENESS ON PEACEFUL CO-EXISTENCE AND EMBARK ON PEACE CAMPAIGNS 3. TO ASSIST VICTIMS OF DISASTER WITH RELIEVE MATERIALS AND RE SETTLEMENT. MATERIALS WHERE NECESSARY ANY OBJECTION TO THIS REGISTRATION SHOULD BE FORWARDED TO THE REGISTRAR GENERAL, CORPORATE AFFAIRS COMMISSION, PLOT 420 TIGRIS CRESCENT, OFF AGUIYI IRONSI STREET, MAITAMA, P.M.B 198, GARKI ABUJA WITHIN 28 DAYS OF THIS PUBLICATION. SIGNED: SECRETARY

4EVERGRATEFUL EMPOWERMENT FOUNDATION THE GENERAL PUBLIC IS HEREBY NOTIFIED THAT THE ABOVE NAMED HAS APPLIED TO CORPORATE AFFAIRS COMMISSION, ABUJA FOR REGISTRATION UNDER PART “C” OF THE COMPANIES AND ALLIED MATTERS ACT, NO. 1 OF 1990. THE TRUSTEES ARE: 1. DEACON AKANMU OLANIYI LATEEF - CHAIRMAN 2. MRS SUARA OMOLAYO 3. ALH. ADERIBIGBE ADEWALE 4. MR AKANMU KOLAWOLE 5. MR AKANMU AJIBOLA 6. MR AKANMU OLADELE ASIMIYU 7. MR AKINTUNDE BABATUNDE 8. MRS ADESANYA OLAWUNMI ESTHER 9. MR AKANMU ABIODUN ADENIYI- SECRETARY AIMS AND OBJECTIVES: 1. TO EMPOWER YOUTHS IN THE SOCIETY TO BE SELF-RELIANT 2. TO ASSIT THE LESS PRIVILEGED ANY OBJECTION TO THIS REGISTRATION SHOULD BE FORWARDED TO THE REGISTRAR GENERAL, CORPORATE AFFAIRS COMMISSION, PLOT 420 TIGRIS CRESCENT, OFF AGUIYI IRONSI STREET, MAITAMA, P.M.B 198, GARKI ABUJA WITHIN 28 DAYS OF THIS PUBLICATION. SIGNED: TRUSTEES

Companies Registration (Trustees)

AUGUSTINE OMOIFO EMPOWERMENT FOUNDATION THE GENERAL PUBLIC IS HEREBY NOTIFIED THAT THE ABOVE NAMED HAS APPLIED TO CORPORATE AFFAIRS COMMISSION, ABUJA FOR REGISTRATION UNDER PART “C” OF THE COMPANIES AND ALLIED MATTERS ACT, NO. 1 OF 1990. TRUSTEES ARE: 1. OMOIFO AUGUSTINE ALIMIHEFUA 2. OMOIFO INIBOKUN EMMANUELLA AIM AND OBJECTIVE: 1. TO ENLIGHTEN INDIVIDUALS ABOUT THE TRUE KNOWLEDGE AND WISDOM OF THE POWER THAT LIES DEEP WITHIN THEM ANY OBJECTION TO THIS REGISTRATION SHOULD BE FORWARDED TO THE REGISTRAR GENERAL, CORPORATE AFFAIRS COMMISSION, PLOT 420 TIGRIS CRESCENT, OFF AGUIYI IRONSI STREET, MAITAMA, P.M.B 198, GARKI ABUJA WITHIN 28 DAYS OF THIS PUBLICATION. SIGNED: SECRETARY

ASSOCIATION OF GIRLS’ HIGH SCHOOL AWKUNANAW ENUGU 85/86 SET QUINTESSENTIAL SISTERS THE GENERAL PUBLIC IS HEREBY NOTIFIED THAT THE ABOVE NAMED HAS APPLIED TO CORPORATE AFFAIRS COMMISSION, ABUJA FOR REGISTRATION UNDER PART “C” OF THE COMPANIES AND ALLIED MATTERS ACT, NO. 1 OF 1990. TRUSTEES ARE. 1. UKACHUKWU OBIOMA GRACE. 2. OKOROCHA FAVOUR ADAEZE. 3. UZOETO IFUNANYA PAMELA. AIM AND OBJECTIVE: TO HELP THE LESS PRIVILEGE, FOSTER UNITY AMONG MEMBERS AND ASSIST IN THE DEVELOPMENT OF THE SCHOOL. ANY OBJECTION TO THIS REGISTRATION SHOULD BE FORWARDED TO THE REGISTRAR GENERAL, CORPORATE AFFAIRS COMMISSION, PLOT 420 TIGRIS CRESCENT, OFF AGUIYI IRONSI STREET, MAITAMA, P.M.B 198, GARKI ABUJA WITHIN 28 DAYS OF THIS PUBLICATION. SIGNED: STRAIGHT CONSULTING 08023694015

PERSONHOOD DEVELOPMENT INITIATIVE THIS IS TO NOTIFY THE GENERAL PUBLIC THAT THE ABOVE NAMED, HAS APPLIED TO THE CORPORATE AFFAIRS COMMISSION FOR REGISTRATION UNDER PART “C” OF THE COMPANIES AND ALLIED MATTERS ACT 1990. THE TRUSTEES ARE: 1. CHUKWUNOMSO EKENE OSAKWE 2. STEPHEN BABA PANYA. 3. TUNDE BENJAMINS-LANIYI 4. JUMMAI ACHINGYE MADAKI. 5. ADEBUKOLA SHONIBARE THE AIM AND OBJECTIVE: 1. TO PROMOTE AWARENESS AND ACTION ON THE SANCTITY AND DIGNITY OF THE HUMAN PERSON. ANY OBJECTION TO THIS REGISTRATION SHOULD BE FORWARDED TO THE REGISTRAR-GENERAL, CORPORATE AFFAIRS COMMISSION, MAITAMA, ABUJA WITHIN 28 DAYS OF THIS PUBLICATION

Daily Times Nigeria Monday, December 11, 2017

GREATER LIGHT RECONCILIATION OUTREACH THIS IS TO INFORM THE GENERAL PUBLIC THAT THE ABOVE NAMED HAS APPLIED TO THE CORPORATE AFFAIRS COMMISSION FOR REGISTRATION UNDER PART C OF THE COMPANIES AND ALLIED MATTERS ACTS OF 1990. NAMES OF TRUSTEES; 1. ADESOLA ADEREMI AKEEM. 2. FABUNMI ADEDIRAN OLUWAFIROPO. 3. ADESOLA ADEWALE. 4. ADESOLA-LAMBO BUKOLA AYOOLA. 5. OLUJENGBESI MOSES OLUSEYI. AIM AND OBJECTIVE CHURCH EVANGELISM ANY OBJECTION TO THIS REGISTRATION SHOULD BE FORWARDED TO THE REGISTRAR GENERAL, PLOT. 420, TIGRIS CRESCENT, OFF AGUIYI IRONSI STREET, MAITAMA, ABUJA WITHIN 28 DAYS OF THIS PUBLICATION SIGNED: SECRETARY

HOLY FIRE MOUNTAIN OUTREACH THE GENERAL PUBLIC IS HEREBY NOTIFIED THE ABOVE NAMED OUTREACH HAS APPLIED TO THE CORPORATE AFFAIRS COMMISSION FOR REGISTRATION UNDER THE COMPANIES AND ALLIED MATTERS ACT NO. 1 OF 1990 PART C. THE TRUSTEES ARE: 1. AGHOMA DAVID AKPOBOME -CHAIRMAN 2. FRANCIS OGBO AGHOMA -SECRETARY 3. AMIAYA MONDAY ANDY -MEMBER THE AIMS AND OBJECTIVES 1. TO PREACH THE GOSPEL TO ALL NATIONS OF THE WORLD IN ACCORDANCE WITH THE WORD OF OUR LORD JESUS CHRIST. 2. RAISING A GENERATION OF CHRISTIANS THAT WILL BUILD A BETTER CHURCH FOR THE COMING OF OUR LORD. 3. TO PREACH AND BRING DELIVERANCE TO THOSE WHOSE JOY HAS BEEN TAKEN AWAY BY THE ENEMIES AND RESTORE HOPE TO THE HOPELESS, JOY TO THE SORROWED AND LIGHT TO THOSE IN THE DARK 4. TO PREACH AND TRAIN CHRISTIAN TO POSSESS THE GOOD CHRISTIAN VIRTUES AND SHINES AS LIGHT IN THE WORLD AND SALT OF THE EARTH ANY OBJECTION SHOULD BE FORWARDED TO THE REGISTRAR-GENERAL, CORPORATE AFFAIRS COMMISSION. NDOLA SQUARE, ZONE 5, WUSE, ABUJA, WITHIN 28 DAYS OF THIS PUBLICATION. SIGNED: ELDER J. K. NANA (J.P) CROWN KINGS CONSULTANCY CO. 08037769526

RARE SEED CHILDREN FOUNDATION

SIGNED: OKUNGBOWA O. GOLDEN ESQ. 08038490387

HOLY FIRE MOUNTAIN OUTREACH

THE GENERAL PUBLIC IS HEREBY NOTIFIED THE ABOVE NAMED OUTREACH HAS APPLIED TO THE CORPORATE AFFAIRS COMMISSION FOR REGISTRATION UNDER THE COMPANIES AND ALLIED MATTERS ACT NO. 1 OF 1990 PART C. THE TRUSTEES ARE: 1. AGHOMA DAVID AKPOBOME -CHAIRMAN 2. FRANCIS OGBO AGHOMA -SECRETARY 3. AMIAYA MONDAY ANDY -MEMBER

THE AIMS AND OBJECTIVES 1. TO PREACH THE GOSPEL TO ALL NATIONS OF THE WORLD IN ACCORDANCE WITH THE WORD OF OUR LORD JESUS CHRIST. 2. RAISING A GENERATION OF CHRISTIANS THAT WILL BUILD A BETTER CHURCH FOR THE COMING OF OUR LORD. 3. TO PREACH AND BRING DELIVERANCE TO THOSE WHOSE JOY HAS BEEN TAKEN AWAY BY THE ENEMIES AND RESTORE HOPE TO THE HOPELESS, JOY TO THE SORROWED AND LIGHT TO THOSE IN THE DARK 4. TO PREACH AND TRAIN CHRISTIAN TO POSSESS THE GOOD CHRISTIAN VIRTUES AND SHINES AS LIGHT IN THE WORLD AND SALT OF THE EARTH ANY OBJECTION SHOULD BE FORWARDED TO THE REGISTRAR-GENERAL, CORPORATE AFFAIRS COMMISSION. NDOLA SQUARE, ZONE 5, WUSE, ABUJA, WITHIN 28 DAYS OF THIS PUBLICATION. SIGNED: ELDER J. K. NANA (J.P) CROWN KINGS CONSULTANCY CO. 08037769526

EL-SHADDAI SALVATION FAMILY MINISTRY THE GENERAL PUBLIC IS HEREBY NOTIFIED THAT THE ABOVE NAMED HAS APPLIED TO CORPORATE AFFAIRS COMMISSION, ABUJA FOR REGISTRATION UNDER PART “C” OF THE COMPANIES AND ALLIED MATTERS ACT, NO. 1 OF 1990. THE TRUSTEES ARE: 1. BENSON PATRICK ENAKHENA- CHAIRMAN 2. BENEDICTA EBIKE ENAKHENA - SECRETARY 3. REGINA OMOALUKHE UDUIMOH 4. FIDELIS ENAKHENA 5. FEBISOLA OLUBANJO 6. AIPOH DESMOND AIM AND OBJECTIVE: TO PREACH THE GOSPEL OF JESUS CHRIST ANY OBJECTION TO THIS REGISTRATION SHOULD BE FORWARDED TO THE REGISTRAR GENERAL, CORPORATE AFFAIRS COMMISSION, PLOT 420 TIGRIS CRESCENT, OFF AGUIYI IRONSI STREET, MAITAMA, P.M.B 198, GARKI ABUJA WITHIN 28 DAYS OF THIS PUBLICATION. SIGNED: SECRETARY

THE ASSOCIATION OF OGUN CHAPTER IGALA-UTETOGBA YOUTH TRUSTEES: 1. SUNDAY SANI 2. MONDAY SULEIMAN 3. FRIDAY SULEIMAN 4. NOAH SANI 5. OKPANACHI ONAJA

AIM AND OBJECTIVE 1. TO PROVIDE FINANCIAL SUPPORT FOR THE LESS PRIVILEGED CHILDREN IN LOCAL COMMUNITIES. 2. TO TRAIN CHILDREN IN HANDS-ON VOCATIONAL/ LIFE SKILLS. 3. TO DEVELOP ENABLING PLATFORM FOR THE RE-ORIENTATION OF CHILDREN IN ACCEPTABLE SOCIAL VALUES TO SERVE AS INSTRUMENTS FOR COMMUNITY DEVELOPMENT. ANY OBJECTION TO THE REGISTRATION SHOULD BE FORWARDED TO THE REGISTRARGENERAL CORPORATE AFFAIRS COMMISSION. PLOT 420, TIGRIS CRESCENT, OFF AGUIYI IRONSI STREET, MAITAMA. P.M.B 198, GARKI, ABUJA WITHIN TWENTY-EIGHT (28) DAYS FROM THE DATE OF THIS PUBLICATION.

UMUAKAGU GLOBAL SQUARE INITIATIVE FOR DEVELOPMENT

ANY OBJECTION TO THIS REGISTRATION SHOULD BE FORWARDED TO THE REGISTRAR-GENERAL, CORPORATE AFFAIRS COMMISSION, MAITAMA, ABUJA WITHIN 28 DAYS OF THIS PUBLICATION

SEFIA DAVID I FORMERLY KNOWN AND ADDRESSED AS SEFIA ALI NOW WISH TO BE CALLED AND ADDRESS AS SEFIA DAVID. ALL FORMER DOCUMENTS REMAIN VALID AUTHORITY CONCERN AND GENERAL PUBLIC PLEASE TAKE NOTE .

TRUSTEES: 1. DR (MRS) CECILIA OBIAGELI EZE (PRESIDENT) 2. REV SAMUEL OKONKWO OBETA 3. MRS PATRICIA OBIAGELI UGOKWE 4. MRS RONKE OLOKUN 5. DR. (MRS) VICTORIA CHINYERE CHIBUKO 6. MR SAMUEL ONYEKACHUKWU OKORO 7. KASIEMOBI ALEXANDRA EZE (SECRETARY)

CARET EDUCATION FOUNDATION

THE AIM AND OBJECTIVES: 1. TO PROMOTE EDUCATION AND RESEARCH FOR DEVELOPMENT. 2. TO ORGANISE SEMINARS AND WORKSHOPS TO PROMOTE EDUCATION, EMPOWERMENT AND RESEARCH. 3. TO ESTABLISH A CENTER FOR THE PROMOTION OF EDUCATION, EMPOWERMENT AND RESEARCH FOR HUMAN DEVELOPMENT.

BABATUNDE ELLIOT AMOJO THIS IS TO INFORM THE GENERAL PUBLIC THAT BABATUNDE ELLIOT AMOJO AND BAMIDELE ELLIOT IS THE SAME NAME AND SAME PERSON. HENCEFORTH WISH TO BE CALLED AND ADDRESS AS BABATUNDE ELLIOT AMOJO , ALL FORMER DOCUMENTS REMAIN VALID .AUTHORITY CONCERN AND GENERAL PUBLIC PLEASE TAKE NOTE .

THE GENERAL PUBLIC IS HEREBY NOTIFIED THAT THE ABOVE NAMED HAD APPLIED TO THE CORPORATE AFFAIRS COMMISSION, ABUJA FOR REGISTRATION UNDER PART “C” OF THE COMPANIES AND ALLIED MATTERS ACT, 2004.

SIGNED: SECRETARY

THE TRUSTEES ARE: 1. EFAM ODIAKA MONDAY (CHAIRMAN) 2. EFAM EDITH EMAMEZI. (SECRETARY) 3. ADUOTU OGUBERE CHARLES.

MRS ANIEKAN INIMFON I FORMERLY KNOWN AND ADDRESSED AS MISS EFFIONG INIMFON ESSIEN NOW WISH TO BE KNOWN AND ADDRESS AS MRS ANIEKAN INIMFON ALL FORMER DOCUMENTS REMAIN VALID AUTHORITY CONCERN AND GENERAL PUBLIC PLEASE TAKE NOTE.

THE GENERAL PUBLIC IS HEREBY NOTIFIED THAT THE ABOVE NAMED HAD APPLIED TO THE CORPORATE AFFAIRS COMMISSION, ABUJA FOR REGISTRATION UNDER PART “C” OF THE COMPANIES AND ALLIED MATTERS ACT, 2004

SIGNED: SECRETARY

THIS IS TO NOTIFY THE GENERAL PUBLIC THAT THE ABOVE NAMED, HAS APPLIED TO THE CORPORATE AFFAIRS COMMISSION FOR REGISTRATION UNDER PART “C” OF THE COMPANIES AND ALLIED MATTERS ACT 1990.

MRS FLORENCE AGBOLADE I FORMERLY ADDRESSED AS MISS FLORENCE ONASANYA NOW WISH TO BE KNOWN AND ADDRESSED AS MRS FLORENCE AGBOLADE. ALL FORMER DOCUMENT REMAINS VALID. BANK AND GENERAL PUBLIC PLEASE TAKE NOTE.

THE GENERAL PUBLIC IS HEREBY NOTIFIED THAT THE ABOVE NAMED HAD APPLIED TO THE CORPORATE AFFAIRS COMMISSION, ABUJA FOR REGISTRATION UNDER PART “C” OF THE COMPANIES AND ALLIED MATTERS ACT, 2004. THE TRUSTEES ARE: 1. DR. CLEMENT CHIKA UKANWA 2. BARR. CHISOM DOMINIC 3. HRH. EZE EMMANUEL IBECHI 4. CHIEF (SIR) UZODINMA JOHN NJOKU 5. CHIEF (SIR) INNOCENT ISIAGU 6. MR. ANTHONY UDENZE 7. MR. OLIVER NWANEHO 8. MR. CHRISTIAN CHUKWUEMEKA 9. ENGR. OBINNA OKORO 10. MR. CHRISTOPHER IWU

PRESIDENT SECRETARY MEMBER MEMBER

THE AIMS AND OBJECTIVES ARE: 1. CAPACITY BUILDING AND ADVOCACY FOR THE LESS PRIVILEGED IN UMUAKAGU COMMUNITY. 2. CREATION OF AWARENESS ON ENVIRONMENT ISSUES, PEACE AND SECURITY AMONG THE RURAL DWELLERS. 3. CARE AND SUPPORT THE UNDESERVED. 4. ESTABLISHMENTS OF SPECIAL SKILL ACQUISITION TO THE UNEMPLOYED IN OUR COMMUNITY. 5. TO ATTRACT LOCAL AND INTERNATIONAL FUNDING FOR SCHOLARSHIP TO THE INDIGENT INTELLIGENT CHILDREN. 6. TO SUPPORT UMUAKAGU COMMUNITY’S INVESTMENT IN AGRICULTURE, HEALTHCARE, EDUCATION, SPORTS, ENTREPRENEURSHIP, AND INCOME GENERATION. ANY OBJECTION TO THE REGISTRATION SHOULD BE FORWARDED TO THE REGISTRAR-GENERAL CORPORATE AFFAIRS COMMISSION. PLOT 420, TIGRIS CRESCENT, OFF AGUIYI IRONSI STREET, MAITAMA. P.M.B 198, GARKI, ABUJA WITHIN TWENTY-EIGHT (28) DAYS FROM THE DATE OF THIS PUBLICATION. SIGNED: BARR. CHISOM DOMINIC (SOLICITOR)

JESUS AND YOU EVANGELICAL MINISTRY THIS IS TO INFORM THE GENERAL PUBLIC THAT THE ABOVE NAMED MINISTRY HAS APPLIED FOR REGISTRATION TO CORPORATE AFFAIRS COMMISSION UNDER PART ‘C’ OF THE COMPANIES AND ALLIED MATTERS ACT 2004. THE TRUSTEES OF THE ORGANIZATION ARE: 1. OGUNDIJI GABRIEL AJAYI. -PRESIDENT. 2.OLASEMEJI DAVID OYETUNDE. -SECRETARY. 3.BUARI PHILIP ALANI. -TREASURER. 4.BAMIGBOYE SAMUEL SUNDAY. -ASSISTANT SECRETARY. 5.FOLORUNSO JIMOH EMMANUEL. -FINANCIAL SECRETARY. 6.OLAWALE OLUWAGBEMIGA OYENIYI. - MEMBER. 7. OLOWOOKERE DAVID OLAJIDE. MEMBER 8.OLAOYE ADEBAYO EZEKIEL. -MEMBER. 9.ADELEKE JIMOH ADENIYI. - MEMBER. AIMS AND OBJECTIVES: 1.TO TAKE THE WHOLE GOSPEL OF JESUS CHRIST TO THE WHOLE WORLD THROUGH HOUSE TO HOUSE EVANGELISM AND OPEN AIR CRUSADE. 2. TO PLANT NEW TESTAMENT CHURCH WHEREVER OPPORTUNITY MAY BE FOUND. 3.TO CONFER AND COOPERATE WITH OTHER CHRISTIAN CHURCHES AND ORGANIZATIONS AS OCCASION MAY ARISE. 4. TO ESTABLISH CHRISTIAN BASED TRAINING INSTITUTES TO EQUIP THOSE WHO “HEAR” THE CALL OF GOD. ANY OBJECTION TO THE REGISTRATION SHOULD BE FORWARDED TO THE REGISTRAR GENERAL, CORPORATE AFFAIRS COMMISSION P. M. B 198, PLOT 420,TIGRIS CRESCENT OFF AGUYI IRONSI STREET, ABUJA, WITHIN 28 DAYS OF THIS PUBLICATION. SIGNED: SECRETARY.

AIMS AND OBJECTIVES: 1. WELFARE OF THE MEMBER 2. DEVELOPMENT OF IGALA COMMUNITY 3. EMPOWERMENT OF THE ASSOCIATION 4. PEACE AND UNITY OF IGALA YOUTH ANY OBJECTION TO THE REGISTRATION SHOULD BE FORWARDED TO THE REGISTRAR-GENERAL CORPORATE AFFAIRS COMMISSION. PLOT 420, TIGRIS CRESCENT, OFF AGUIYI IRONSI STREET, MAITAMA. P.M.B 198, GARKI, ABUJA WITHIN TWENTY-EIGHT (28) DAYS FROM THE DATE OF THIS PUBLICATION. SIGNED: SECRETARY

YOUTH ADVOCATE SUPPORT NETWORK THE GENERAL PUBLIC IS HEREBY NOTIFIED THAT THE ABOVE NAMED HAD APPLIED TO THE CORPORATE AFFAIRS COMMISSION, ABUJA FOR REGISTRATION UNDER PART “C” OF THE COMPANIES AND ALLIED MATTERS ACT, 2004. THE TRUSTEES ARE 1. CHAIRMAN: YUSUF GIDADO. - SECRETARY: 2. UMAR IKO ABDULLAHI . AIM AND OBJECTIVE: 1. FOR THE WELFARE OF IT’S MEMBERS ANY OBJECTION TO THE REGISTRATION SHOULD BE FORWARDED TO THE REGISTRAR-GENERAL CORPORATE AFFAIRS COMMISSION. PLOT 420, TIGRIS CRESCENT, OFF AGUIYI IRONSI STREET, MAITAMA. P.M.B 198, GARKI, ABUJA WITHIN TWENTY-EIGHT (28) DAYS FROM THE DATE OF THIS PUBLICATION. SIGNED: BARR. AKOH MONDAY

PRINCE KAZEEM ELETU FOUNDATION THE GENERAL PUBLIC IS HEREBY NOTIFIED THAT THE ABOVE NAMED HAD APPLIED TO THE CORPORATE AFFAIRS COMMISSION, ABUJA FOR REGISTRATION UNDER PART “C” OF THE COMPANIES AND ALLIED MATTERS ACT, 2004. TRUSTEES: 1. PRINCE KAZEEM AUSTIN ELETU. 2. MRS. OMOBOLANLE ADEBAYO. AIMS AND OBJECTIVES: 1. TO EMPOWER THE YOUTHS OF LAGOS STATE AND PARTICULARLY THOSE OF ETI-OSA LOCAL GOVERNMENT AREA TO BECOME RESPONSIBLE MEMBERS OF THE COMMUNITY. 2. TO TRAIN THE YOUTHS OF ETI-OSA LOCAL GOVERNMENT AREA IN JOBS AND VOCATIONS SO AS TO MAKE THEM BECOME EMPLOYABLE ANY OBJECTION TO THE REGISTRATION SHOULD BE FORWARDED TO THE REGISTRAR-GENERAL CORPORATE AFFAIRS COMMISSION; PLOT 420, TIGRIS CRESCENT, OFF AGUIYI IRONSI STREET, MAITAMA. P.M.B 198, GARKI, ABUJA WITHIN TWENTY-EIGHT (28) DAYS FROM THE DATE OF THIS PUBLICATION. SIGNED: GBENGA OLUGBAKE ESQ.

Daily Times Nigeria Monday, December 11, 2017

Edo calls for collaboration, vigilance to curb gender violence Titus Akhigbe, Benin

ÏÏÏThe Edo State Govern-

ment has called for collaboration among law enforcement agencies, rights activists and other stakeholders to curb the growing trend of domestic violence in the state. Commissioner for Women Affairs and Social Development, Hon. Magdalene Ohenhen, said this in a chat with journalists during a road walk to create awareness on the United Nations’ ‘16 Days of Activism’ campaign against Gender-based Violence (GBV), in Benin City, Edo State capital at the

weekend. She said the high rate of gender-based violence in the society results in broken homes, which affect the society negatively, adding, “the trend leads to lack of happiness and love in families. It also leads to broken homes, abuse of children, which are also on the increase. We need to be vigilant to spot and assist in stemming the trend. ” Ohenhen added, “Human trafficking and slavery, which the state is presently confronted with, is also caused by gender-based violence. Failed marriage, which is a direct effect of

gender-based violence makes children easy victims for traffickers. These children end up being sold as slaves while many others lose their lives in the process.” She, however, called for collaborative effort in dealing with the challenge, noting, “The state government led by Governor Godwin Obaseki will continue to lead the fight against gender-based violence. But the state needs the support of public-spirited individuals, groups and the civil society to end genderbased violence.” Meanwhile, during a lecture organised to commemo-

rate the advocacy campaign, a resource person, Mrs. Vanessa Odia, in a paper titled “Take Back Your Life; Break the Silence,” decried increase in cases of violence against women and children. Delivering a paper on “Legislative Advocacy Against Gender Based Violence,” Chairperson, International Federation of Women Lawyers, Mrs. Edeko Maria, said there was need to increase awareness on violence against women, decrying the fact that violence has become a way of life because of the skewed upbringing of children in the society.

L-R: Former Minister of Aviation, Chief Osita Chidoka; former President Chief Olusegun Obasanjo; Sierra Leonean President, Ernest Koroma and Director-General, Shehu Musa Yar’Adua Centre, Mrs. Jacqueline Farri, at the 20 years memory of the late Shehu Musa Yar’Adua in Abuja… at the weekend.

Institute to inaugurate business competitiveness across Nigerian Moses Oyediran, Enugu

ÏÏÏThe

African Heritage Institution (Afri-Heritage), a socio-economic and political think-tank, has concluded arrangement to inaugurate Business Environment and Competitiveness across Nigeria States (BECANS) report. Afri-Heritage is formerly known as African Institute of Applied Economics (AIAE). Through research and its analysis, it gives a clear-cut economic policy guideline and plans to national and international organisations as well as governments. The Executive-Director of Afri-Heritage, Prof. Ufo OkekeUzodike, told journalists on Sunday in Enugu that BECANS provided the bases for the ground-breaking business environment ratings and as-

sessments of Nigerian states. “Over the past decade, AfriHeritage’s BECANS reports pioneered and entrenched domesticated model benchmarks and indicators for evaluating state-level business environment. “BECANS III Report (in line with Afri-Heritage business environment and competitiveness across Nigerian States series) remains by far the most comprehensive and accurate reflection of the business environment and nature of competitiveness across the states in Nigeria,’’ Okeke-Uzodike said. According to him, like it has been rightly observed overtime, that a good and attractive business environment entails an efficient and effective supply of public infrastructure, institutional and regulatory services, etc.

He noted that despite the clamour by the tiers of government for direct local and foreign investments; and the desire of these potential investors to do business in Nigeria; the business climate, made up of administrative, cultural, socio-political and other factors have all combined to slow down the free flow of investment. “The expectations and efforts of the government in poverty reduction, employment creation and the attainment of Sustainable Development Goals will largely remain a mirage except the issue of ease of doing business and reduction of cost of doing business in Nigeria are pragmatically dealt with, not just in theory, but in practical terms,’’ he noted. The executive director noted that the report, which

covered over 10 years’ study period, would be presented on Tuesday, December 12, at the Afri-Heritage International Conference Hall, Enugu. He revealed that the institute partnered with the International Development Research Centre (IDRC) and a range of other stakeholders and institutions that provided critical data for the report. The Nigerian Economic Summit Group (NESG), National Planning Commission (NPC), National Bureau of Statistics (NBS), Manufacturers Association of Nigeria (MAN), Nigerian Chamber of Commerce, Mines and Agriculture (NACCIMA), Central Bank of Nigeria (CBN) and National Association of Small and Medium Enterprises (NASME), were among the institutions that provided data for the report.

News 25

Businessman challenges bench warrant, asks court to stay execution Peter Fowoyo

ÏÏÏA

Lagos-based businessman, Dr. Ambrose Bryant Chukwueloka Orjiako, whose arrest was ordered by a Federal High Court, Ikoyi, Lagos, over an alleged flouting of court order has filed an application before the court staying execution of the order of the court pending the hearing and final determination of the appeal filed against the order. Ojiakor also sought the court for an order restraining the Deputy Sherrif of the Court, the Inspector General of Police and all officers under the command of the Nigerian Police Force from executing the order of the arrest pending the hearing and determination of the appeal filed against the order. In an affidavit in support of the application sworn to by one Temidayo Alade and filed before the court by Professor Kanyinsola Ajayi, SAN ,the deponent, averred that,the court ordered the appointment of a provisional liquidator over Shebah Exploration and Product Limited company; and restrained the applicant from tampering with the company’s fixed and immovable assets. However, the petitioner, AOS Orwell Limited company alleged a breach of the exparte order of the court served on the applicant forms 48 and undated form 49. In the form 49 the petitioner sought an order to lift the veil of the incorporation of

the Shebah Exploration and Product company to permit, authorize, contempt proceeding against Orjiakor, the application is still pending before the court and has not been granted. Dissatisfied with the Bench warrant order,. Orjiakor filed a notice of appeal to the court of Appeal against the bench warrant, believing that the notice of appeal raises recondite issues of law to be decided upon by the Court of Appeal. Consequently, Orjiakor, asked the court to order the stay of execution of the order for bench warrant to be issued for his arrest pending the hearing and final determination of the appeal filed against the order. Justice Hadizat Shagari has adjourned till today December 11, 2017 for further hearing. In addition, the applicant has filed an application before the court challenging the jurisdiction of the court to entertain the winding up petition. The applicant has also filed an application challenging the competence of Forms 48 and 49 issued by the petitioner, which is still pending before the court.

ADIFAGBERU ISAIAH ADELEGAN I, formerly known and addressed as ISAIAH ADELEGAN ADIFAGBERU, now wish to be known, called and addressed as ADIFAGBERU ISAIAH ADELEGAN. All documents bearing my former names remain valid. General public and Authorities Concerned should please take note.

CONFIRMATION OF NAME

OSOLO OLUBUNMI BELLA

This is to confirm that I, GRACE OLUWATUMIBI is the same person OLAREWAJU GRACE JOLA. All documents bearing the above names are mine and remain valid. General public take note.

I, OSOLO OLUBUNMI BELLA was formally known as and addressed as OYEWOLE OLUBUNMI BELLA that henceforth I now wish to be known, called and address as OSOLO OLUBUNMI BELLA. All former documents remain valid. General public take note.

CHUKWUEKE EDITH CHINONSO

Formerly known and addressed as DABIRICHUKWU EDITH CHINONSO now wish to be known and addressed as CHUKWUEKE EDITH CHINONSO. All former documents remain valid. General public take note.

BASIRAT KOFOWOROLA ADEOYE FARINLOYE I, formerly known and addressed as BASIRAT KOFOWOROLA ADEOYE, now wish to be known, called and addressed as BASIRAT KOFOWOROLA ADEOYE FARINLOYE. All documents bearing my former names remain valid. General public and Authorities Concerned should please take note.

MUHAMMED TITILOPE NAEMAH

OLADEJO BASIRAT BOLA

I Formerly known and addressed as Makanjuola Olaitan Titilayomi, now wish to be known called and addressed as MUHAMMED TITILOPE NAEMAH. All former documents remain valid,general public should please take note

I, formerly known, called and addressed as FASOLA BASIRAT BOLA now wish to be known, call and address as OLADEJO BASIRAT BOLA. All former documents remains valid, the general public should please take note.

News 26

Daily Times Nigeria Monday, December 11, 2017

Agency moves to validate 5-year strategic plan to end conflict in Plateau Kingsley Chukwuka Jos

L-R: Deputy Director, Voter Education and Publicity, Independent National Electoral Commission (INEC)in Plateau, Osaretin Imahiyereobo; Supervisory, National Commissioner, North Central, Prof. Anthonia Simbini and Administrative Secretary, INEC Plateau State, Mr. Abdul-Raman Adamu, during the courtesy visit of INEC Supervisory National Commissioner, in Jos, Plateau State

Imo 2019: Lawmakers endorse Okorocha’s son in-law Val Okara, Owerri

ÏÏÏThe members of

the Imo State Assembly have given their consent to the gubernatorial ambition of Mr. Uche Nwosu, Chief of Staff and the son-in-law of Governor Rochas Okorocha as their sole gubernatorial candidate ahead of the 2019 general election on the platform of All Progressives Congress (APC). The bombshell was dropped at the weekend by Henry Ezediaro, a member representing Oguta state constituency in a media briefing, stating that without Nwosu as governor in 2019 that most of the ongoing projects and programmes embarked by Okorocha’s administration would be abandoned by any other person who has not been part and parcel of the current administration.

Hon. Henry Uzoma Ezediaro, who is also the House committee chairman on Petroleum, ISOPADEC and NDDC, said that after consultations and meeting by the state legislators that they came to the conclusion that only election of the Chief of Staff as the state governor in 2019 would ensure the continuation of the programmes of the current administration. He said: “Most of the ongoing projects which are yet to be completed will be abandoned by any governor who has not been part and parcel of this current administration. “We members of the Imo State Assembly have resolved that considering the disposition, manner and humility in which Ugwumba Uche Nwosu has conducted himself in politics, we are

urging him to contest the governorship election in 2019. We the members of Imo State House of Assembly across party lines have endorsed him as our candidate. ‘We want somebody like Uche Nwosu to be the Governor in 2019 because he has been part and parcel of the Rescue Mission led by Okorocha because we want continuity and would not want these ongoing projects and the laudable programmes to be abandoned by somebody who does not understand the philosophy this current administration”. The legislator added: “I am also speaking in my capacity as the Director- General of Ugwumba Mandate that we are urging him to contest the governorship as his governorship ambition

is now our project with or without the support of the Governor Okorocha. If he chooses to contest in APC I will donate 27 buses for his campaign like I did for Governor Okorocha in 2015 when I had donated five campaign buses to for him “. While thanking Governor Okorocha for what he has accomplished in the state, the lawmaker urged him to look into the areas that needs to urgently take care of especially the salaries of civil servants and pensions. He said: “I urge the Governor to revisit the agreement earlier reached between the state government and labour now that we are out of recession. I also want him to quickly constitute the board members of the Imo State Oil Producing Areas commission (ISOPADEC) and to properly fund it”.

Group urges FG to declare state of emergency on mass migration Andrew Orolua, Abuja

ÏÏÏAs the world celebrates

Human Rights Day, a United States based organisation, the US Nigeria Law Group, has called on the Federal Government to declare a state of emergency on mass migration from Nigeria and improve the standard of living of Nigerians. The Managing Partner of the group, Mr. Emmanuel Ogebe, while addressing journalists in Abuja, urged the Federal Government to take action as Africa is now of age and cannot rely on William Wilberforce to end the Transahara Slave Trade like before. “I think it is a travesty that when 600,000 Nigerians flee the country annually and almost 30,000 die in the new Transahara Slave Trek,

someone who sponsored students from northeast Nigeria to elite schools in the US is being persecuted by the government. “The FGN should declare a state of emergency on mass migration from Nigeria and improve country conditions drastically”, Ogebe said. He also condemned the action of the government in proscribing the Indigenous People of Biafra (IPOB). He said:”It is a travesty that Nigerian citizens demanding a referendum were designated terrorists while foreign herdsmen who are slaughtering Nigerian citizens are considered merely criminals. “This unfair response in itself illustrates the very point of the IPOB agitation that there is an inherently

biased and bipolar justice system for disparate entities in Nigeria. “More so, it took USNLG three years to get the US to designate Boko Haram as terrorists while it took Nigeria just 72 hours to tag IPOB”. While also speaking on some of the Chibok girls he single-handedly enrolled in school in the United States, Ogebe said they have all gained admission into the university. He said: “Before I took the Chibok girls to US, I consulted with the previous government. When they declined to assist, I proceeded to send a few abroad to school. “Similarly, I briefed the current administration on the status of the US Chibok girls last year as was my standard practice.

“Given the bizarre manner in which the government attempted a hostile takeover of the US girls, I am now giving the following status report to the public: All the Chibok girls who graduated from my programme this year are now in universities across the US. “However, none of the Chibok girls who the government took over from me and put in a different programme has made it into a university degree programme. “This is a clear cut indicator that the government has successfully managed to export failure internationally. “A non-governmental effort resulted in successful graduations from high school while the government-backed program did not.

The resurgence of communal and farmers/ herders conflicts hitherto bedevilling the once peaceful Plateau State, has however necessitated the move by the Plateau Peace Building Agency (PPBA) to develop a five year strategic plan aimed at providing a lasting solution to the lingering tension. Established through a legislative act and signed into law by the executive governor of Plateau State, Simon Lalong, PPBA has the mandate to coordinate the activities of both state and non-state actors in conflict prevention and peace building. Saddled with this responsibility, the Agency earlier in the year met in Akwanga, Nassarrawa State to develop a sustainable strategic plan that will mitigate and put to rest the unnecessary crisis witnessed in Plateau State.

Being a people-oriented agency, PPBA last week brought together virtually all stakeholders on peace building in the state to have them peruse the already developed strategic plan with the aim of having their input so as to have everyone carried along in the peace building process. Speaking in an expanded section of a validation workshop graced by major stakeholders to brainstorm on key sections of the document before the final copy, which took place in Jos at the weekend, the Director General of PPBA, Mr. Joseph Lengmang, said: “Citizen engagement in peace building process is key and therefore their support and cooperation becomes imperative as citizens have a very important responsibility to secure their lives. “We are also seeking partnership with security outfits and other government establishments towards restoring peace and rebuilding mutual confidence among the Plateau populace for growth and development.

4 cops, other detained over shooting of female bus passenger Nosa

Akenzua,

Asaba

ÏÏÏThe Delta State Police

Command has arrested four policemen and another who were allegedly involved in the shooting of a female passenger in a commercial bus in Ibusa near Asaba at the weekend. The Police Commissioner in the state, Mr. Zanna Ibrahim, who confirmed the arrest and detention of the of the policemen to journalists on Sunday, disclosed that the policemen were facing trial over alleged shooting of a female bus passenger upon the refusal of the bus driver to part away with N100.00. The Police boss, who refused to give the names of the policemen, reaffirmed the Command’s readiness at all times to ensure fairness and justice in all its dealings with members of the public. His words: “The following steps were taken as a result of the unfortunate alleged shooting incident. I ordered the arrest of the four members of the team for not preventing the escape of the culprit. The Divisional Police Officer and the ASP who is the team leader have been queried for lacking in supervision and the sum of N100,000 has been made available for the immediate treatment of the victim as well as to save her life”. He added that investigation was ongoing as photographs and other docu-

mentary evidence has been attached to the case diary. Expectedly, the four policemen allegedly shot at the female passenger along Ibusa Ogwashi-Uku Road upon the refusal of the commercial bus driver to part with N100.00 after which one of them escaped and was arrested alongside before others. But the Police Commissioner added that “the fleeing suspect F/No. 424188 Sergeant Samson Abuo was arrested alongside four others who allegedly were involved in the crime and they are currently undergoing trials.” Meanwhile, following the anger over the increasing rate of motorcycle thieves in Ika nation, particularly Agbor and its environs, luck at the weekend ran out of a young man (name withheld) who upon apprehension was reportedly lynched to death by angry mob in Umunede. Eyewitness said that following the unbearable record of missing motorcycles especially on every Ogbe Market Day in Umunede, the angry mob descended on the victim and allegedly strangled him to death but the Police officers in Umunede who did not want their names in the print confirmed that the suspect was lynched upon his confession to have been involved in several motor cycle theft in the area and assured that Police will continue to do its best for members of the public.

News 27

Daily Times Nigeria Monday, December 11, 2017

Bad weather: NCAA cautions passengers on adverse weather Chukwuemeke Iwelunmo

ÏÏÏThe

Nigerian Civil Aviation Authority (NCAA) has called on all passengers to exercise restraint during adverse weather which may hamper their travel plans. This advice is coming on the heels of the spate of delays and cancellations occasioned by inclement weather en route most of the nation’s airports. In a statement, spokesman NCAA, Sam Adurogboye, said during the past week, most parts of the

country witnessed adverse weather conditions which prevented most scheduled and non-scheduled flights from providing services. He urged passengers to exercise restraint when their travels suffer these fates. Earlier, the Regulatory Authority, Nigerian Civil Aviation Authority (NCAA) had issued a Weather Alert Circular to all Pilots and Airline Operators on the impending adverse weather. The circular forewarned all operators on the inherent danger associated with harmattan dust haze

as regards flight operations at this time of the year. “Therefore, the prevailing weather condition is likely to herald a long and severe dust haze in the months ahead. During this period, air- to – ground visibility may be considerably reduced due to the dust haze. “In addition, aerodrome visibility may fall below the prescribed minima due to the severe conditions. Dust haze can blot runways, the markings and airfield lightings over wide areas. These make visual navigation extremely difficult or

impossible. “Under these kinds of adverse conditions air travel is bound to suffer delays and cancellations”, he added. “Passengers are therefore advised to exercise restraint when their travels suffer these fates. Pilots are merely observing what is contained in the departure, en route and destination weather which might sometimes necessitate outright cancellation. When these happen, the Airline and the Pilots are strictly adhering to the Standard and Recommended

Cleric urges Nigerians to pray for successful fight against corruption

Businessman challenges bench warrant, asks court to stay execution

Joy Anyim

ÏÏÏThe

Peter Fowoyo

ÏÏÏ

A Lagos based businessman, Dr. Ambrose Bryant Chukwueloka Orjiako, whose arrest was ordered by a Federal High Court, Ikoyi, Lagos over an alleged flouting of court order, has filed an application before the court staying execution of the order of the court pending the hearing and final determination of the appeal filed against the order. Dr. Ojiakor also sought the court for an order restraining the Deputy Sherriff of the Court, the Inspector General of Police and all officers under the command of the Nigerian Police Force from executing the order of the arrest pending the hearing and determination of the appeal filed against the order. In an affidavit in support of the application sworn to by one Temidayo Alade and filed before the court, by Professor Kanyinsola Ajayi SAN, the deponent, averred that the court ordered the appointment of a provisional liquidator over Shebah Exploration and Product Limited company and restrained the applicant from tampering with the company’s fixed and immovable assets. However the petitioner, AOS Orwell Limited Company alleging a breach of the exparte order of the court served on the applicant forms 48 and undated form 49. In the form 49 the petitioner sought an order to lift the veil of the incorporation of the Shebah exploration and product company to permit, authorize, contempt proceeding against Dr. Orjiakor, the application is still pending before the court and has not been granted.

Practices (SARPs),” the statement read. However, operating airlines are expected to share as much information as possible with passengers on the progress of their respective flights in line with the Nigerian Civil Aviation Regulations (Nig.CARs) 2015 Part 19. The Nigerian Civil Aviation Authority (NCAA) therefore wishes to advise all passengers to cooperate with the airlines as safety of lives and security cannot be compromised.

L-R: Borno State Commissioner of Agriculture, Mohammed Aliyu Dili; Minister of Agriculture and Rural Development, Chief Audu Ogbeh and Kano State Commissioner for Agriculture, Nasiru Gawuna, during the flag-off of the Nationwide Advocacy on Agricultural Quality Control and Standards in Abuja.

People with disabilities accuse Gov. Ayade of sidelining them

Edem Bassey, Calabar

ÏÏÏPeople Living with Disabilities (PLwDS), Cross River State chapter have accused Governor Ben Ayade of neglect. The group alleged that Governor Ayade refused to release funds to mark the 2017 International Day of Persons Living with Disabilities. “Governor Ben Ayade of Cross River State has in total abandonment sidelined the Persons Living with Disabilities,”

the group said. The group in a statement signed by Comrade Offiong Okon said: “His Excellency, Senator Ben Ayade has refused to release funds for the marking of 2017 International Day of Persons Living with Disabilities which holds every December 3rd. “Rather, he used the money to settle members of the State House of Assembly to allow him present his Kinetic Crystallisation Budget of N1.3 trillion. “He refused to assent to State

Disability Bill passed by State House of Assembly, refused to effect corrections to the appointment of Comrade Ogar Inyang as SA on Disabilities Matters. “Non-release of social intervention meant for PLwDS in the State and unemployment of PLwDS in State Ministries”. Comrade Okon however, pleaded with Governor Ayade to look back at the promises he made to the Persons Living with Disabilities, restore them so to give them a sense of belonging.

General Overseer and founder of Ogo Sioni Aladura Ministries International, Baba Aladura Olorunfemi Ejide, has called on Nigerians to pray fervently for the present administration to succeed in the fight against corruption which he claimed is a cankerworm that has eaten deep into the fabric of the nation. Giving this charge at the 37th anniversary and annual harvest thanksgiving of the church tagged “Unspeakable joy”, Ejide predicted that the year 2018 is going to be one of the best years in the history of Nigeria as he claimed that things will be put in the right place. While thanking God for putting President Buhari at the helms of affairs in the country, the cleric said the year 2018 will usher in new as well as good things in the life of the nation. “We have to thank God that he gave us someone like President Muhamadu Buhari who happens to be a disciplinarian. If not for this man, things would have been a lot worse in the country. God really blessed us with a man like Buhari. 2018 is going to be one of the best years in the life of our country; there may be crises in the country now, but I am sure that with what God has told me that 2018 will be a good year for us”, he said. Speaking further on the fight against corruption, the cleric commended the present administration, adding that they have lots of challenges to tackle concerning the country. “Fighting corruption is not an easy task. As a clergy man and a comrade too, I have been to the United Nation twice this year to talk about this country. To be sincere, Buhari is trying; things are not like they were the first time he ruled the country. We have to commend him because he is now a democrat. We all know that there are lots of challenges in the country; from the South-south, North-east, North-central southeast, you name it.

Daily Times Nigeria Monday, December 11, 2017

News 28 N220bn MSMED fund: Ambode urges CBN to cut interest rate, boost finance Motolani Oseni

ÏÏÏIn order to change lack of

Anambra State Coordinator, National Youth Service Corps (NYSC), Mr. Ebenezer Olawale(middle) inspecting produce of graduands of the Skill Acquisition and Entrepreneurship Development (SAED) Programme for the 2017 Batch B in Anambra…at the weekend.

Buhari departs for Paris to participate in ‘One Planet Summit

Mathew Dadiya, Abuja

ÏÏÏPresident

Muhammadu Buhari will today depart Nigeria for France to participate alongside over 50 world leaders in the ‘One Planet Summit’ holding in Paris, France on Tuesday. The summit, jointly organised by the United Nations, the World Bank Group, and the French Government in partnership with non-governmental organisations concerned about reversing the negative effects of climate change, like Bloomberg Philanthropies, holds at the eco-friendly La Seine Musicale, situated on the picturesque Seguin Island in Western Paris. The Senior Special Adviser to the President on Media and Publicity, Mr Femi Adesina,

who disclosed this on Sunday, stated that Buhari will depart Abuja for Paris on Monday and return to Nigeria on Thursday. He added that the President would be accompanied by the governors of Adamawa, Kano and Ondo states and the Ministers of Foreign Affairs and Environment. The main focus of the summit, with a theme titled, “Climate Change Financing,” according to the organisers, will be to innovatively pool public and private finance “to support and accelerate our common efforts to fight climate change.” While recognising that all countries are affected by the effects of climate change under “One Planet” but some are more vulnerable, the summit seeks for tangible collective

action to reduce greenhouse gas emissions. Before heading for the Summit venue, the Nigerian leader will attend a lunch hosted by President Emmanuel Macron of France for Heads of State and Governments at the Elysee Palace. Buhari and other world leaders and participants will make presentations under four sub-themes namely: Scaling-up Finance for Climate Action; Greening Finance for Sustainable Business; Accelerating Local and Regional Climate Action; and Strengthening Policies for Ecological and Inclusive Transition. The Daily Times recalls that while signing the Paris Agreement on Climate Change at the sidelines of the 71st Session of the United Nations General Assembly in New York on Sep-

tember 22, 2016, President Buhari had said it “demonstrated Nigeria’s commitment to global efforts to reverse the effects of the negative trend.” He followed that significant step by signing the Instrument of Ratification of the Paris Agreement on March 28, 2017 at the State House, Abuja, making Nigeria the 146th party to the Paris Treaty. It became binding on the country effective June 15, 2017, one month after the submission of the Ratification instrument to the United Nations on May 16, 2017 by Nigeria’s Permanent Representative to the UN, Prof. Tijjani Bande. The participation of Nigeria’s delegation at the One Planet Summit will reinforce the country’s commitment to realising the objectives of the Paris Agreement.

Group urge FG to declare state of emergency on mass migration

Andrew Orolua, Abuja.

ÏÏÏAs the world celebrates Human Rights Day, a United States based organisation, the US Nigeria Law Group, has called on the federal government to declare a state of emergency on mass migration from Nigeria and improve the standard of living of Nigerians. The Managing Partner of the grouup, Mr. Emmanuel Ogebe, while addressing journalists in Abuja, urged the federal government to take

action as Africa is now of age and cannot rely on William Wilberforce to end the Transahara Slave Trade like before. Ogebe said, “I think it is a travesty that when 600,000 Nigerians flee the country annually and almost 30,000 die in the new Transahara Slave Trek, someone who sponsored students from North-East Nigeria to elite schools in the US is being persecuted by the government. “The Federal Government should declare a state of emergency on mass migration from Nigeria and

improve country conditions drastically”. He also condemned the action of the government in proscribing the Indigenous People of Biafra (IPOB). He said,”It is a travesty that Nigerian citizens demanding a referendum were designated terrorists while foreign herdsmen who are slaughtering Nigerian citizens are considered merely criminals. “This unfair response in itself illustrates the very point of the IPOB agitation that there is an inherently biased and bipolar justice system for

disparate entities in Nigeria. “Moreso, it took USNLG three years to get the US to designate Boko Haram as terrorists while it took Nigeria just 72 hours to tag IPOB”. While also speaking on some of the Chibok girls he singlehandedly enrolled in school in the United States, Ogebe said they have all gained admission into the University. He said, “Before I took the Chibok girls to US, I consulted with the previous government. When they declined to assist, I proceeded to send a few abroad to school.

access to credit by Nigeria’s small business owners, Governor of Lagos state, Akinwunmi Ambode, has called on the Central Bank of Nigeria (CBN) to release N220 billion Micro, Small and Medium Enterprises Development (MSMED) fund to states at five per cent, saying, government policies are stifling growth of the Nigeria’s economy. The Lagos state governor charged policy makers in the country to focus on amending directives that stifle economic growth and commerce, querying the reason for the provision of letters from the Debt Managemnt Office, and approvals from the Federal Ministry of Finance and the CBN to be able to obtain commercial loans from the banks. Speaking at the opening session of the 2017 Annual Bankers Committee Retreat in Lagos on Saturday, Ambode, who noted that all the projects being done by the state is directed towards economic growth said, “I as a state government want to take a commercial loan from the bank, they tell me to go and get a letter from the DMO, I should go and get approval for FMF, I should go to CBN, who does that? “When we take the extra money outside the IGR, we are actually trying to help the economy to retrace itself, and that is why you are able to excite yourself with the growth that you have seen in the third quarter when we saw 1.4 per cent, but that is not the number that we want. Government seems to shoot itself in the leg. Why should Lagos state go and be meeting DMO that I want to take a commercial loan when 80 per cent of my IGR can pay the loan itself back. “There is some sense of homogeneity in the policies that we make, but sometimes they are not really flexible; and you end up, we come back and say we want to create jobs, but the things that create jobs are the things that we are actually working against; and you create unnecessary competition in the system.” Ambode, who stressed the need to abandon a profit-making goal in achieving the ambition of growing the economy ,said the state has so far given out N10 billion through its employment trust fund at five per cent. “Similarly, I briefed the current administration on the status of the US Chibok girls last year as was my standard practice. “Given the bizarre manner in which the government attempted a hostile takeover of the US girls, I am now giving the following status report to the public: All the Chibok girls who graduated from my programme this year are now in universities across the US. “However, none of the Chibok girls who the government took over from me and put in a different programme has made it into a university degree programme. “This is a clear cut indicator that the government has successfully managed to export failure internationally.

Daily Times Nigeria Monday, December 11, 2017

Monday, December 11, 2017

EXTRATIME

Enyeama

30 Stories by Frank Jumbo with

Agency Report

ormer Super Eagles captain, Vincent Enyeama, made a return to action for the first time in over seven months on Saturday for Lille’s U-18s in their 3-1 win over Croix in the French fourth tier, Completesportsnigeria.com reports. Enyeama sustained a knee injury while playing for Lille in April, and it took close to eight months for him to

Enyeama back in action for Lille fight his way back to full fitness after undergoing surgery. He posted a picture of himself after the game in his team’s dressing room with a message of gratitude beneath it on his Twitter handle. “God has been so faithful. 7 months and some weeks,God has taken me up. I had my 1st game.I want to thank everyone

that worked for this day to happen.God bless you all,” the 35-year-old Nigeria’s most capped international wrote. Maxime Wackers and Alexis Flips were on target to secure a third win of the season for Lille’s U-18s on Saturday night. Lille’s U-18 are currently tenth in the table with 14 points from 13 games. Enyeama, who retired from international

football in 2015 after falling out with then Super Eagles coach Sunday Oliseh, has made 143 Ligue 1 appearances for Lille, keeping 61 clean sheets and conceding 132 goals in four seasons. Enyeama’s return to action comes amid calls for his return to the Super Eagles squad ahead of the 2018 World Cup squad in Russia next summer.

Rohr confirms Poland friendly for Super Eagles

Super Eagles begin preparations for CHAN

he home–based Super Eagles contingent arrived the ancient city of Kano on Saturday afternoon as head coach Salisu Yusuf and his crew countenance the beginning of preparations for the 5th African Nations Championship (CHAN) scheduled for Morocco between 13th January and 4th February 2018. Yusuf, also chief coach of the Russia-bound A squad, has called up 30 players for the first phase of the preparations, in which the 2014 CHAN bronze medallists would test strength with the nation’s leading domestic clubs in the annual NPFL pre-season tournament. Super Eagles A team’s safe hands Ikechukwu Ezenwa, defenders Stephen Eze, Osas Okoro and Adeleye Olamilekan, midfielders Afeez Aremu, Rabiu Ali and Ifeanyi Ifeanyi as well as forwards Kingsley Eduwo, Sikiru Olatubosun and last season’s NPFL top scorer Anthony Okpotu are among those who will battle for shirts. The glamour NPFL pre-season tournament, traditionally organized to set Nigeria’s flag-bearers in continental competitions in battle mood after the lull and inactivity of the post–season break, will this year welcome NPFL reigning champions Plateau United, MFM FC, Akwa United FC, homers Kano Pillars and Enyimba FC, as well as the Super Eagles B.

The first matches are slated for Monday at the Sani Abacha Stadium, where the Eagles overpowered their counterparts from Benin Republic 2-0 on 19th August to qualify for the 5th African Nations Championship. Nigeria will tackle 2014 champions Libya, Rwanda and Equatorial Guinea in the group stage at the 5th African Nations Championship. The matches of Group C will be played in Tangier. Libya shocked the African football family by winning the 2014 edition in South Africa at the expense of Ghana, despite the North African nation being embroiled in political turmoil at the time. Rwanda were the last team to qualify for the finals, after edging Ethiopia 3-2 on aggregate in a playoff that was necessitated by Egypt’s decision to forfeit their slot at the championship. Equatorial Guinea qualified for the finals following the withdrawal of Gabon. Hosts Morocco, Guinea, Sudan and Mauritania are in Group A, in the event pitting the Atlas Lions against Mauritania in the opening match of the competition, at the

Mohamed V Stadium in Casablanca on 13th January. Hosts of the inaugural edition of the competition in 2009, Ivory Coast head Group B that will be based in Marrakech, and have Zambia, Uganda and Namibia as group mates. Group D, based in Agadir, has 2011 runners-up Angola, Cameroon, Congo and Burkina Faso. THE SQUAD Goalkeepers: Ikechukwu Ezenwa; Dele Ajiboye; Theophilus Afelokhai Defenders: Stephen Eze; Osas Okoro; Daniel Itodo; Adeleye Olamilekan; Kalu Orji Okogbue; Ifeanyi Nweke; Nasiru Sani; Timothy Danladi Midfielders: Afeez Aremu; Raphael Ayagwa; Ifeanyi Ifeanyi; Rabiu Ali; Destiny Ashadi; Dayo Ojo; Emeka Atuloma; Douglas Achiv; Austine Oladapo; Abdulkadir Zango Forwards: Sikiru Olatubosun; Kingsley Eduwo; Peter Eneji; Anthony Okpotu; Joseph Osadiaye; Sunday Faleye; Victor Mbaoma; Mustapha Ibrahim; Gabriel Okechukwu

he Super Eagles coach, Gernot Rohr has revealed Nigeria’s next opponent in a friendly match ahead of the 2018 World Cup in Russia. Rohr said Nigeria will face Poland in a pre-World Cup friendly match on March 23, 2018. The match will hold in Wroclaw or the Silesian Stadium in Chorzów. The Super Eagles have been drawn in Group D along with Argentina, Croatia and Iceland for the 2018 FIFA World Cup. The game against the Poles will be used to test their strategy ahead of the tournament. Poland on the hand are in the same group with another African team, Senegal along with Colombia and Japan. Rohr was quoted on Football365.fr. as saying, “We will play Poland at home on March 23rd. “We are looking for a second opponent in Europe for another FIFA date in the spring.” On Eagles camp for the tournament, he added, “We chose a base camp that we visited in southern Russia, between Sochi and Volgograd, in the countryside, in a region of mineral and spa baths. “We will be far from everything, with opportunities for care and excellent conditions of recovery between games. At 500 meters altitude, it will not be too hot. “Physically, we will be ready. We will take a second physical trainer, in this case Bernard Ginès, I had in my staff in Nice, between 2002 and 2005. We will receive FieldWiz, which are GPS to work better in detail. “We will have to progress in the scouting of our own players so as not to make mistakes in the list of 30, then that of 23. We will strengthen the scouting team.”

Iheanacho hails Ndidi’s performance against Newcastle

heanacho Hails Ndidi After Man-Of-TheMatch Display Vs Newcastle UnitedAfrica’s Most Valuable U21 Player, Nigeria’s own Wilfred Ndidi, has been praised by compatriot Kelechi Iheanacho on the back of his man-of-the-match performance against Newcastle United in the Premier League on Saturday, December 9. The Super Eagles defensive midfielder provided the assist for the Foxes first goal

scored by Algeria star Riyad Mahrez as they came from behind to beat the Magpies 3-2 at St James’ Park. Kelechi Iheanacho was an unused substitute amid speculation surrounding a possible departure from Leicester City when the transfer window reopens in the coming weeks, but he was pleased with the display of Ndidi nonetheless. Iheanacho posted on the social networks

on Saturday : ‘’Though game today but we came out with 3 points.Cogracts to my brother @Ndidi25 Wilfred onyi’nye’chukwu on been named The Man Of Match??’’ Ndidi added : ‘’Tough game, great team spirit. Another 3 points in the bag ????’’. Wilfred Ndidi has started and put in a full shift in all the games played by Leicester City in the Premier League, and has been credited with three assists to Riyad

Monday, December 11, 2017

EXTRATIME

EURO.........................EURO........................EURO.............................

Giroud rescues misfiring Arsenal

livier Giroud proved to be Arsenal’s super-sub once again as he rescued a 1-1 draw two minutes from time at Southampton. Charlie Austin fired an early opener for Mauricio Pellegrino’s hosts – his fifth in three Premier League starts this season – and the striker was unlucky not to have more to show for the palpable sense of panic he and the Southampton attack injected into a shambling Arsenal backline. Arsene Wenger’s men recovered their poise and some swashbuckling attacking play as they sought an equaliser before half time made for a captivating contest. But France striker Alexandre Lacazette

could not claim the goal his endeavours deserved and it was left to his compatriot Giroud – a man, like Austin, not too well-versed in starting games this term – to avert a sixth Premier League loss of the season. There was a certain inevitability as the 31-year-old rose to expertly direct Alexis Sanchez’s floated cross beyond Fraser Forster for a seventh goal in all competitions this term. Giroud now has 17 Premier League substitute goals to his name, the same number as similarly famed game-changers Ole Gunnar Solskjaer and Nwankwo Kanu. Only Jermain Defoe has more.

Giroud

Conte gives up hope of retaining title

ntonio Conte conceded that Chelsea are not in the title race after suffering their fourth Premier League defeat of the season at West Ham United. Marko Arnautovic’s early goal was enough to give West Ham their first Premier League win since September against a lacklustre Chelsea, who directed just two of their 19 shots on target and struggled to mount any sustained pressure on the home defence. After the match a visibly downbeat Conte conceded that his team had wasted a valuable chance to make up ground on the Manchester clubs, who will face each other at Old Trafford on Sunday, and said it would be “strange” to include Chelsea in any title discussion after losses to two of the division’s bottom three. “To talk about the title race after a defeat I think is a bit strange,” he said. “Especially as this is the fourth defeat this season in 16 games. When you have this task it is impossible to think that you are in the title race. It is impossible. “My experience is this, that if you want to stay in the race for the title, in the first part of the season you can lose once, twice [and no more]. “After 16 games if you lose four games it means you never started this race. We started with a defeat in our home game against Burnley. We lost another game. We have a lot of reasons to justify the defeat against Man City because we played after two days. “But then you lose against Crystal Palace at the bottom and now to lose again against West Ham who at this moment are in a bad position in the table, you can’t lose points in these games. “It means you are not in the title race. You have to

Iniesta out against Villarreal with calf injury

ndres Iniesta has failed to recover from a calf injury and will miss Barcelona’s trip to Villarreal on Sunday, the club have confirmed. Iniesta, 33, was taken off during last week’s draw with Celta Vigo and missed the midweek win against Sporting Lisbon in the Champions League. He returned to training on Friday and Barca hoped to have him available for the game at the Estadio de la Ceramica. However, the Catalan club confirmed on Saturday that the game will come too soon for the midfielder. Like Iniesta, Ousmane Dembele, Rafinha and Javier Mascherano all took part in training this week but none will be available for the game against sixth-placed Villarreal. Samuel Umtiti, who will be out for two months with a torn hamstring, is also missing. With Umtiti and Mascherano both absent,

Conte

Ernesto Valverde has called up B team defender David Costas to provide backup for Thomas Vermaelen and Gerard Pique. However, there’s no room in Barca’s matchday squad for Gerard Deulofeu or Arda Turan. It’s the second straight league game Deulofeu has not been selected, while he was also an unused substitute in midweek against Sporting, despite Valverde fielding an experimental lineup. Turan has not featured in an official game this season, but is fit and available for selection again. However, it’s unlikely the Turkish international will play for the club again ahead of an expected January departure. Barca can maintain their five-point lead atop the league with a win against Villarreal, while avoiding defeat will allow them to extend their unbeaten streak in all competitions to 23 games.

Neymar flies to Brazil over family emergency

Neymar

eymar has received permission from Paris Saint-Germain to fly to Brazil for a family emergency, a source confirmed to ESPN FC. The forward was suspended for PSG’s 2-1 win over Lille in Ligue 1 on Saturday, and though he attended the game, he is now set to return to his homeland, as first reported by RMC Sport. PSG granted Neymar three days’ leave to attend to the matter, RMC reported, but he is now likely to miss PSG’s Coupe de la Ligue match away to Strasbourg on Wednesday. Strasbourg handed PSG their first loss of the season last week, and the French giants went on to lose to Bayern Munich in the Champions League in midweek before righting the ship against Lille.

Madrid is back - Zidane

eal Madrid coach Zinedine Zidane said he felt his team had played their way back into goal-scoring form after Saturday afternoon’s 5-0 La Liga stroll past Sevilla at the Bernabeu. With this result following the 3-1 victory in Wednesday’s Champions League victory over Borussia Dortmund, the Blancos coach told the postgame news conference that the goal-scoring problems which had hampered their form through the autumn were now behind them. “I hope things have changed now, and we can keep going like this, scoring goals,” Zidane said. “Two games, eight goals, we must keep going like this. We are improving in all ways, also in how we are playing, which is the most important for us.” Madrid were ahead inside three minutes through centre-back Nacho Fernandez’s neat turn and shot, with Ronaldo making it 2-0 midway through the first half with an expert finish from a sublime Marco Asensio assist, and the five-time career Ballon d’Or winner soon getting his second from the penalty spot after a Jesus Navas handball.

Published by FOLIO COMMUNICATIONS LTD, Lateef Jakande Road, Agidingbi, Ikeja. email: info@dailytimes.ng Tel: 08038099089. Editor Daily: TONY AMOKEODO

MONDAY, DECEMBER 11, 2017

VOL. 3. NO. 523

Price: N150

Flashback in Times: December 11, 1962

News Hotline: 08050220692 Advert Hotlines: 08037862794, 08057041525

The Anambra Times

Daily Times Nigeria Monday, December 11, 2017

Jubilation in Onitsha prisons as 13 awaiting trial inmates AT 4 regain freedom

Obiano, IGP asked to fish out killers of Oroma –Etiti community leader AT3

We don’t give awards to criminals –Red Cross chief Alphonsus Nweze, Awka

ÏÏÏThe Vice Chairman, Anam-

Anambra State Council of Traditional Rulers led by the Chairman, HRM Igwe Alfred Achebe, (4th right) during a courtesy visit to Governor Willie Obiano at the Governor’s Lodge, Amawbia...recently

HOS tasks town planners on physical planning Stories by John Ndu, Awka

ÏÏÏAnambra State Head of

Anambra

T E A M

Service, Barrister Harry Uduh, has said that the state’s 2018 budget presented by Governor Willie Obiano has expectations from the Ministry of Lands and Urban Development to improve the state Internally Generated Revenue (IGR). Barrister Uduh, who stated this at the end of year get-together of Town Planers in the Ministry, in Awka, charged Town Planners to be more dedicated and committed to their duties, to achieve their purpose of an orderly environment. He noted that as Town planners, all should be ICT compliance as it will enable them work smartly and monitor any recent development in all parts of the state for immediate action. The Head of Service assured them that the state government will make available to them all

necessary enablement that will aid place Anambra State in its rightful position in country. The Commissioner for Lands and Urban Development, Sir Okay Muoka reminded Town Planners of the need to maintain good professional conduct in the discharge of their duty. The Land Commissioner represented by the Permanent Secretary in the Ministry, Mr. Daniel Okoli, noted that with the rate of development in the state, they should enforce all city plans in their localities for orderly and serene environment and shun any act capable of tarnishing the image of the Ministry. The Commissioner pointed out that the Ministry has mapped out packages for the staff welfare in 2018 to appreciate all those who have made useful impact in the Ministry. Also speaking, the Special Advis-

Special Project Editor Sam Nzeh

Correspondents: Alphonsus Nweze Philip Balepo John Ndu

er to the Governor on Security and Vigilante Matters, Chief Chikodi Anaraa, acknowledged the difficulties and challenges Town planers encounter in the course of their duty and stated categorically that

these are not acceptable. He assured that through his office and all the sister agencies, they would be provided conducive working environment devoid of harassment and molestation of any kind.

ANSG to spend N70m monthly on debt servicing

ÏÏÏThe

Anambra State government has said it will spend between N60 and N70 million monthly to service its domestic and external debts. Commissioner for Economic Planning and Budget in the state, Mr. Mark Okoye, said this at a post budget presentation news conference in Awka recently. Okoye said the debt profile of the state, was presently at 15 million dollars, external loans, and N20 billion domestic borrowings. He said budget, which was christened “Budget of Value-for-Money, Economic Diversification and Job Creation”, would trigger massive

construction and infrastructure development in the state. Okoye said some of the basic principles underlying the budget include value for money, economic diversification, job creation, strategic collaboration and public private partnership. “We are proposing a budget size of N166.9 billion, the state expects to spend N63.9bn on recurrent expenditure and N103.1bn on Capital Expenditure to drive our policy thrusts of “Value-for-Money, Economic Diversification and Job Creation. “It also highlights the signifiCONTINUED ON PAGE 2

bra State branch of Nigeria Red Cross Society, Peter Emeka Katchy, has said the organisation does not give awards to “criminals and people with questionable character”. Katchy, who stated this at the 2017 World Red Cross Day celebration and Investiture/commissioning ceremony held at Travellers Hotel, reiterated that such people to be honoured were properly screened. “We give award to people we have examined their character and know that they are above board. We don’t give award to criminals and people because they can afford money. Our award does not need the condition to pay money for award because it is to encourage you for the humanitarian services you render,” Prof. Katchy said as expert tracers, they had to trace the background of any person honour to know their background so as to know if the person actually qualified for such an honour. Earlier in his speech, the Ogbaru Divisional Chairman, Comrade Alex Onwuegbuka, urged the people honoured for their humanitarian services to live above board, saying that “to him whom much is given much is expected from him”. In his response on behalf of the awardees, Chief Peter Okala, said the award would spur them to do more humanitarian services. Okala, who is the state Chairman of National Conscience party, (NCP), recalled that he first came into contact with the Red Cross Society when he was the Special Adviser to the former Chairman of Ogbaru Local Government Area. He said prior to this award, he has been engaged in rendering such services which prompted Prof. Katchy and the Ogbaru Division Chairman to recommend him for the honour. Okala frowned at the littering of roads in Anambra State with police road blocks and called on Inspector General of Police (IGP) to immediately dismantle them.

The Anambra Times 2

Daily Times Nigeria Monday, December 11, 2017

Mrs. Obiano mourns stepfather ÏÏÏIt was a sober mode last week-

Anambra State Governor, Chief Willie Obiano riding a powerbike in a bid to encourage youths to refrain from social ills, but engage in meaningful businesses that will improve their economy.

Jubilation in Onitsha prisons as 13 awaiting trial inmates regain freedom Stories by John Ndu, Awka

ÏÏÏEmotion

and jubilation were high at the weekend at Onitsha Prisons as 13 awaiting trial inmates regained their freedom when the Anambra State Chief Judge, Justice Peter Umeadi visited the facility, on jail delivery services. One of them, 31-year-old Chukwujekwu Ifejika was discharged by Justice Peter Umeadi for lack of criminal records of the accused. Ruling on the case, Justice Umeadi said that the prisoner should be discharged because the police did not file any case against him, for the crime he was being accused of, adding that the suspect had been in prison custody for seven years without being charged to court. He said: “If the accused was convicted for the crime he was accused of, he would have served 7 years in prison and he has already spent

seven years here. So, he should be discharged.” In an interview with journalists after his discharge, Ifejika, who was visibly happy to return to normal life, regretted that he lost his parents while he was incarcerated. He explained that his incarceration was borne out of not having anyone to speak for him hence, the reason he has been in prison for seven years without going to court. His words: “I thank God above all things for my freedom today. I don’t have anybody to speak for me and I lost my father and mother while I was in the prison. I am going back home to meet relations to tell them my story. “My incarceration has opened doors for me to learn a lot of hand craft like painting, carpentry and tailoring. I am happy if not for anything, I am going home with this knowledge. I was among the pris-

oners that painted some part of the prison.” He, however, regretted the lackadaisical attitude of prison officers when it comes to prisoners going to court, saying that most times, the prison officials will claim there is no vehicle or fuel to take prisoners to Court. “Such experience pains inmates because once you miss court date, it would take a long time to get another opportunity”, Ifejika added. Another released detainee, Chiotu Eluemuno, 32, was granted bail by the Chief Judge with a bail to the sum of N50, 000 with a surety which must be his mother. In his ruling, Justice Umeadi expressed displeasure over the loss of case file of the accused at the office of the Director of Public Prosecution, DPP, and therefore ordered that the accused be granted bail.

end as personalities within and outside Anambra State joined the wife of Anambra State governor, Mrs. Ebelechukwu Obiano, to pay last respect to her stepfather, Late Chief Sylvester Anyadioha Nwanoka. The burial ceremony of Pa Nwanoka, who died at 82, took place at Nwanoka compound, Okwuzi Egbema, Onne Local Government Area of Rivers State. The State governor, Chief Willie Obiano, led the state government officials, as well as others dignitaries from Rivers State. Among the entourage were the Deputy Governor of Anambra State, Dr. Nkem Okeke (Ugogbuzuo); the former National Chairman of the All Progressives Grand Alliance (APGA) and wife, Chief Sir Victor Umeh (Ohamadike Ndigbo) and Lady Prisca Umeh (Osodieme); members of the State House of Assembly led by the Speaker, Rt. Hon. Rita Maduagwu. Others were Chief of Staff, Prof. Joe Asike and members of the State Executive Council; top APGA faithful led by the Chairman of APGA, Anambra State chapter, Chief Sir Norbert Obi; the wife of APGA

national chairman, Chief (Mrs.) Mary Oye; former Senator representing Anambra Central, Sen. Annie Okonkwo and top government functionaries as well as traditional rulers who gathered to honour the deceased. Earlier in his homily, the South South Regional Coordinator and Overseer Foursquare Gospel Church Nigeria, Port-Harcourt District, Rev Sylvester Itobeye, reminded Christians that death was inevitable and should always embrace God in their lives. According to him, “Every man born of a woman must die and after death comes judgement. “The life you lived will determine where you will spend your eternity. Therefore, embrace God and accept him as your personal Lord and Saviour,” Itobeye preached. The pastor eulogized late Nwanoka for living a life of emulation and impacted on the lives of many who came in contact with him. The Transition Chairman, Ekwusigo local government area, Anambra State, Hon Ofodeme Ikenna said Late Nwanoka lived a fulfilled life and had left various legacies for emulation.

Obiano’s victory will reshape future of Anambra –Aniuno ÏÏÏOne

of the stakeholders in Anambra State has described Governor Willie Obiano’s victory as veritable opportunity that will reshape the future of the state in the next four years. The stakeholder, Chief Olisa Aniuno, said the youth of the state would continue enjoying various empowerment programmes Obiano government had mapped out. Aniuno stressed that no other party in the last concluded Anambra governorship election had the interest of the masses, rather their egocentric pursuit. While addressing newsmen in Awka, Aniuno observed that some untapped potential in the state would now receive government attention

to enhance tourism and further promote socio economic development. He said: “Obiano’s victory will open more doors of investments. Since he assumed office, so many things have taken a positive shape. Many hotels have sprung up. Investors have more confidence than before. “All these were coming up due to the security apparatus attracted by APGA government. “Some potentials like Ogbunike cave, Museum at Igbukwu and other tourist attractions will be developed to make the State the best tourist attraction.” He commended the people of the state for their maximum support in returning Obiano for second term.

Remains of APGA scribe in Oroma ANSG to spend N70m retrieved from River Niger

ÏÏÏThe remains of

the Secretary of All Progressives Grand Alliance (APGA) in Oroma Etiti Community, Anambra West Local Government Area has been retrieved from the River Niger. The corpse of the late secretary, Mr. Julius Chukwudi Chinwuba, allegedly murdered, floated on November 17, a couple of days after he went missing. It was believed that he was murdered and corpse thrown into River Niger to conceal the crime and identity of the victim. The late Chinwuba from Umunzu kindred was until his death the President-General of his community. He was said to have been murdered two days prior to the conduct of the recently concluded gubernatorial election held on November 18.

It was suspected that some prominent people in the area, who had demanded that he relinquish the position of President- General of the community, might have been behind his disappearance and eventual death. Late Chinwuba’s corpse which floated on November 17 was identified by some members of the community. According to a source, Chinwuba attended a meeting of his Umunzu kindred on the fateful day. At the time his body was retrieved, his hands and legs were bound together with bags of sand and blocks, apparently to weigh it down. It was gathered that prior to his death, his house was said to have been torched, and his farms de-

stroyed in Oroma-Etiti, all in an attempt to compel him to relinquish the two positions – President-General and Secretary of the party in the community. The secretary position was zoned to his Umunzu kindred and he contested and won with popular votes against a candidate of his opponent from same kindred. Reacting to the incident, the Traditional Ruler, Oroma Etiti Community, Igwe Nwozekwe Okeke said the death was regrettable, noting that the police had yet to make arrests in connection with the crime. “The suspects have run away from the community and we cannot pursue them, since it is only the police that can go after them,’’ noted Igwe Okeke.

monthly on debt servicing CONTINUED FROM PAGE 1

cant infrastructural development expected in 2018, leveraging on the successful stability in our domestic economy during the challenging periods in 2016/2017. “This budget is the first meaningful step towards consolidation of our previous performance to transform Anambra into a hub for business and investments as well as the poster-boy for inclusiveness and sustainable development in Nigeria,”he said. The Commissioner said the

state targets to grow its Internally Generated Revenue without causing additional burden to tax payers. He said some of the sources it intended to fund the budget were federal allocation, Value Added Tax, grants and counterpart funding, refund for works on federal roads in and Paris fund worth N28 billion and domestic borrowing. Okoye said the budget provided for N533 million outlay for conduct of Local government election in 2018.

Daily Times Nigeria Monday, December 11, 2017

Main Market beats Nnewi to lift Obiano Traders’ Cup ÏÏÏAfter 1-1 score at the end of full

time, Onitsha Main Market team trounced Nnewi New Spare parts market 3-1 in a penalty shoot-out to retain Governor Willie Obiano’s Traders’ Cup trophy. The match which was watched by the Deputy Governor of Anambra State, Dr. Nkem Okeke, saw Main Market boys take the lead in the first half in a goalmouth melee but the Nnewi boys levelled up in the second half. At the end of 90 minutes, the referee ordered for penalty kicks, which saw Nnewi boys scoring only one as against Onitsha boys’ three, bringing the total score to 4-2 in favour of Main Market. Speaking earlier during the half time in the match which took place at Godwin Achebe Stadium, Fegge, Onitsha, Dr. Okeke stressed the importance of Sports development in helping Governor Willie Obiano to keep the youths of the state both happy and busy because according to him an “idle mind is a devil’s workshop”. Promising that they would continue to sponsor sports, the deputy governor thanked traders for the support they gave them during the last election by voting Governor Obiano. He said the Governor at the appropriate time will thank them but added that the victory was a serious mandate to do more, saying that the Government will continue to provide more infrastructure, build more projects in the markets and communities in the State. The State Commissioner for

Youth Entrepreneurship and Sports Development, Dr. (Mrs.) Uju Nworgu, said the competition was to usher in peace and unity among traders, select talents among traders and make the youths gainfully employed. She said with sports, there is a brighter future for our youths, saying that sports programmes of the state have made positive impacts on the youths with discovery of talents and youths taken off the streets. “Governor Obiano’s administration meant well for all of you. Remain steadfast in support of him. Thank you for the way you voted him during the election,” the Commissioner, who described the match as “victorious final,” told the traders. In his speech, the President-General of the umbrella market body in the state, Chief Okwudili Ezenwankwo, thanked Obiano for floating the competition, saying that the traders in voting massively for him, had paid him back with votes. He said it is now the turn of the Governor to pay the traders back and hoped that their support would strengthen their relationship with him, pledging their continued loyalty to the Governor. Ezenwankwo also appealed to the Governor to increase the prize money to N2.5 million, N1.5 million, and N1 million for the winner, the second and third positions respectively. Earlier, the Amalgamated Tyre Dealers Nkpor had walked over Nkpor Main Market to take third position.

The Anambra Times 3

Obiano, IGP asked to fish out killers of Oroma –Etiti community leader Stories by Alphonsus Nweze, Awka

ÏÏÏGovernor

Willie Obiano of Anambra State and the InspectorGeneral of Police (IGP) have been urged to intervene in the alleged murder in cold blood of the late President-General of Oroma-Etiti in Anambra West Local Government, Mr. Chukwudi Chinwuba, by his own kinsmen. The elder sister of Chukwudi, Mrs. Chinwuba Udechukwu Mbanugo, who spoke when clarifying a petition the family sent to the Police, expressed shock that three weeks after her brother was killed, tied hands and legs with sand bag and blocks, the Police were yet to arrest the culprits. She said that the Police especially from Force Headquarters, Abuja seemed to be more than interested party in the matter as they had to carte the case file from Anambra State Police Command, Awka to Abuja with the intention to arrest his younger brother, Chin-

wuba Chinenye, for authoring a petition to Police on behalf of the family, in which he alleged that a former National Assembly member, Chief Raphael Okeke, had a hand in the alleged murder of his brother. Mrs. Mbanugo said against the opposition of Okeke and his group, Chukwudi floored their candidate to win the President General of the community but they insisted that he should throw in the towel which he resisted. She said Okeke group destroyed his brother’s farm and house in Oroma -Etiti, which led to a petition by his lawyer, B.O Nwabunwanne, to the Anambra State Police Command against Okeke, alleging threat to his life among others. She said the whole thing came to a head when on November 15, 2017, her brother was invited by his uncle, Anekwe Chinwuba, to a peace talk, which turned out to be a plot to kill him. “Three weeks after his death, no arrest has been made. A man that cried to different levels of police that threats were made on his

life but nothing was done and his life was taken from him brutally,” said Mrs. Mbanugo who wept profusely. She called on all rights activists, lovers of justice and people of good conscience especially Governor Obiano who Chukwudi’s support for his re-election caused him his life, to prevail on the police to immediately arrest those behind this dastardly act. Stressing that Anam people and Anambra people are not barbarians, she said the only thing that will make the soul of his brother rest in peace and heal the deep wound inflicted on the four children he left, his wife and the rest of his immediate family was to bring the perpetrators to justice. The Anambra State Command Public Relations Officer, Nkiru Nwode, had confirmed the alleged murder of Chukwudi Chinwuba but said she will not speak more on the matter. Efforts to speak with Chief Okeke failed as his number was ringing engaged.

Why traders moved against former Ochanja Market leadership –Umeh ÏÏÏThe

newly elected chairman of Emodi Shoe Dealers Association (ESDA) of Ochanja Market in Onitsha, Anambra State, Mr. Leonard Umeh (Onyendozi), has given reasons the traders moved against the old leadership of the market. He said the traders vowed to stop all manner of illegal levies and extortion being imposed on them by the outgone executive led by Chief Nwabueze Umeh. He said the past executive subjected them to untold hardship and suffering which he said included slapping of traders at will, other abuses unleashed on the traders and non-issuance of receipts to them after the compulsion payment. “What we suffered in their hands were too much. We were forced to pay without receipts and when you talk, they would beat you and chase you with their thugs,” he said. Continuing, he said: “There were too much levies, thuggery, extortion and beating which made the traders to live in fear and it resulted in some of them abandoning their shops to ride Keke and Okada to help keep body and soul together. “When I indicated interest to contest the election, the electoral committee removed my name three times on the allegation that I was

owing the market but that was false because the executive bribed them to remove my name”. He said with the help of Governor Willie Obiano through the executive of Anambra State Markets Amalgamated Traders Association (AMATAS) and majority of the traders, the election was conducted and he emerged victorious with 478 votes as against the runner up, Sunday Ezumezu, who got 221 votes. Umeh said his victory came in spite of alleged sharing of money to the tune of about N10 million to the traders to vote against him by the executive. Speaking, the Chairman of the caretaker committee that conducted the election, Sir Clifford Ilodiuba, said the election was free, fair and credible and urged the newly elected executive to carry the traders along. He regretted that the past executive’s high handedness on the traders which he said resulted in the candidate of the past executive losing out woefully as no trader supported him. Also, the Vice chairman, Chizoba Nwokedi, said he would collaborate with the chairman to move the market forward even as he commended the caretaker committee for conducting credible election.

UJ FCT, Abuja led by the Chairman, Comrade Paul Abechi (2nd right), presenting the 2017 NUJ Best Governor Award to Anambra State Governor, Chief Willie Obiano, at the Governor’s Lodge, Amawbia...recently

Don’t play with God, Bishop Nwokolo warns public officers ÏÏÏThe Anglican Bishop on the

Niger, Rev. (Dr.) Owen Nwokolo, has warned Nigerian public office holders to stop deceiving and exploiting Nigerians under the cover of working for the interest of the people. Speaking in an interview with newsmen in Onitsha, the Anambra State commercial nerve centre, shortly after the end of 2017 Fresh Manna Conference of the diocese, the bishop said that some politicians and public office holders in the country have tactfully cashed in on the docility and permissiveness of Nigerians to perpetrate various crimes against them. While recounting what he called uncountable number of

arrests by the Economic and Financial Crimes Commission (EFCC) of some public office holders who were alleged to have embezzled public funds, the bishop wondered why an individual or a small group of people could hold the people to a ransom by having the heart to embezzle public funds in billions of Naira entrusted into their care. Bishop Nwokolo attributed the current high rate of poverty, deprivation, hunger and the near starvation in the country to what he described as “very high degree of corruption and callousness among politicians and public office holders”. The Bishop however advised Nigerians to be of good courage and prayerful, assuring them that one

day these corrupt people will account of for their evil deeds. “Today, they think they have succeeded in deceiving us, of course, yes they have, but soon, very soon, nemesis will catch up worth them. If they deceive us, they can’t deceive God”, he said. The Bishop therefore warned public office holders in the country not to play with God, adding, “the God of the masses who you exploit will certainly fight for them”. Earlier in a church service that concluded the four- day evangelical festival, Ven. Dave Udoezika had called on Nigerians, especially Christians not to allow themselves to be intimidated by situations of things in the country.

The Anambra Times 4

Daily Times Nigeria Monday, December 11, 2017

Requiem for Anambra PDP?

Atupulazi Jude

ÏÏÏ

Since embarking on what remains the biggest electoral heist in the history of Anambra State in 2003, the Peoples Democratic Party, PDP, appears to have been placed under a curse. That was when from nowhere, they produced a certain Chris Ngige and foisted him on the people of Anambra State, using federal might. They dared the people to do their worst; no one raised a finger, except to hide at corners and whimper like frightened dogs. For a party which had bestrode the politics of the state like a colossus at that time, no one saw their down fall coming. It came after nearly three years of the electoral robbery when the original winner, Peter Obi, reclaimed his mandate. But before then, the godfathers in the party called all the shots; they decided who got appointed and with what portfolio. They relied on written results and to them, true votes were anathema. But then, everything under the sun has an expiry date. That date came on March 17, 2006, when Obi was sworn in. It brought to an end, the pitched battle between those godfathers and their godson. But interestingly, the major characters who orchestrated violence and disrupted the polity with their devil-may-care brand of politicking, have refused to leave PDP. They have contrived over the years to behave like crabs in a bucket. Do you know what such crabs do? Even though the bucket is not covered, not one of the crabs ever escapes. This is because of the pullhim-down syndrome prevalent in their nature. Any crab which tries to climb up to freedom, is immediately dragged down by others, meaning that all of them end up remaining in the bucket until they find themselves inside a boiling pot. And so those characters refused to leave the party. Not until before the last governorship election in Anambra State. They were tactfully shoved aside by some elitist minds in PDP which included the likes of Prof A.B.C. Nwosu (who later became the caretaker chairman of the party); Chief (Mrs.) Josephine Anenih (secretary); Peter Obi (stakeholder); Southeast PDP governors and Governors Nyesom Wike and Ayodele Fayose of Rivers and Ekiti states. These people, along with some caucus members in the national assembly, plotted to remove the old characters who had been giving the party a terribly bad face in the state called Anambra. Those characters protested and very quickly found their way in another camp where they received huge sums of money to work against their party. Fortunately for them, their gang up against their party succeeded, with PDP losing rather badly. The rabble rousers then stormed back to PDP with their loot and started shouting how their party was hijacked by strangers, leading to its electoral loss, as if they would have done better were they in charge. (In all the preceding years they had been in charge, what had they done?) And in the wake of their return, Nwosu had resigned as caretaker chairman, to further make it easy for the rabble rousers to have their way. The truth is that PDP would have been better, much better with those that hijacked it. There is no other word to describe the taking over of PDP by the Nwosu group. They simply hijacked the machinery. But while the word, ‘’hijack’’, may have negative connotations, I believe that this was

one hijack that would have been positive. This is because, in one fell swoop, all those bad elements in the PDP and their cronies were swept aside and a fresh breath of air waltzed in. But then the electoral loss threw the party back to square one; a situation that has made the fallen angels of PDP coming back to throw spanner in the party’s works. The other day, I was listening to Chris Uba, the foremost godfather of Anambra politics, talking about how the ‘’strangers’’ in the party contributed to the party’s defeat. To him, they lost because people like him were sidelined. I laughed. I wondered how Uba and cohorts could have done better with their sleazy background and reputation. In fact, the mere mention of their name would have been enough to scare the most optimistic of voters, given their roles in the 2003 electoral fraud, the 2004 mayhem and subsequent shenanigans in the party that have contrived to smear the image of the party. Now that the election is over, it appears the bad boys are going to succeed in taking over the party’s machinery again. Should Peter Obi they do it, then it is a final goodbye to the once almighty PDP. In fact, if I were Governor Willie Obiano, I would leverage on this to ensure the final killing of PDP here (I believe he’s doing something like that though). This was an opportunity his predecessor had in his day but failed to utilise. But one thing about killing the opposition is that all the bad boys will now congregate in your party which may run the risk of imploding. That was what happened to the PDP at the centre. At a time they thought they had it all, APC was born. Initially they saw it as a joke but it eventually ended in that joker taking over power from PDP. But for now, in Anambra, Obiano doesn’t even need to raise a finger. The bad elements are simply back to bury the party they had long killed. But I fear that by the time they finish performing the burial rites, there would be no business left for them to do. Chris Uba Prof ABC Nwosu These are people who have no industries or any known investments. But they always live grandly by milking unsuspect- were making life difficult for her by almost ple. Because rigging is becoming unfashionable and well-nigh impossible these ing or naïve politicians. They will tell you fleecing her endlessly. To those people, quality does not matter. days, we are beginning to hear less and that they command the grassroots and that without them, you will get nowhere. Then Money does. That was why that woman less of these characters. It is so because, you believe them and they tell you their whose voice was never heard on the floor outside rigging, their contributions are terms. That is where your problem starts. of the House of Representatives, became a minimal. They are like maggots which can only live in filthy places. Once the environYou will soon discover that there is no way federal lawmaker. These people are known to be averse to ment is clean, you won’t see them. you will satisfy them. I recall how a federal I would have liked PDP in Anambra to house member whom they foisted in the of- people of quality because they fear such fice once cried out about how those people people will do without them, thus they usu- survive as we need a credible opposition. ally refer to such people as ‘’technocrats’’, That party had a chance to survive only re‘’strangers’’ and ‘’nattered’’. That was cently but it threw that opportunity away. partly why they worked against former And now with APC coming second, chancCBN governor, Chukwuma Soludo, when es are that PDP could die finally as more he contested against Obi in 2010. They also and more politicians will either opt for the worked against Oseloka Obaze the last shorter destination – APGA; or travel the time out. distance to APC which occupies the centre. Without doubt, the two men in question Unless PDP reclaims the centre in 2019, it reek with quality which may appeal to out- may well be requiem for the once powerful siders but not the power brokers within party as APC, which has largely preoccuPDP. It is this tendency to reject quality pied itself with dealing with PDP, continthat has contributed largely to the triumph ues to hold sway at the centre. of mediocrity in PDP in Anambra State. The PDP has a final chance to get it right Is it any surprise that the same charac- and the place where it particularly needs ters who had been around in 2003 are still to get it right is in Anambra, a state it basaround today in the party? These people tardized and made a laughing stock just a have made more money from causing con- few years ago. fusion. Indeed, they thrive in confusion. But a lot depends on how the party hanWithout confusion they will be irrelevant. dles the vicious elements here that have The advent of free, fair and credible elec- been pinning the party to the ground over tions that we’ve had recently have equally the years. Another mistake, and we will be whittled down the influence of these peo- bidding the party a final adieu.

It is this tendency to reject quality that has contributed largely to the triumph of mediocrity in PDP in Anambra State. Is it any surprise that the same characters who had been around in 2003 are still around today in the party? These people have made more money from causing confusion.

Business Times Daily Times Nigeria

Nigeria’s direct remittances gain N1.6trn in 8 months Page B4

FBNH, Fidelity Bank, Zenith bank top investors’ toast

Page B5

Universal Insurance reinsurance assets decline to N97.458 Page B6

NSE rides into new week strong as investors gain N457bn in one week

Air Peace inaugurates Freetown, Banjul, others flights Dec 15

Adesola Afolabi With barely three weeks of trading activities till the end of the 2017 financial year, the domestic bourse (Nigerian Stock Exchange, NSE) has not relented in its positive performance, as it closed positive for the third consecutive week, with the Market Capitalization appreciating by N345 billion or 3.46 percent to close the week at N13.672 trillion and the ASI appreciating by 3.46 percent to close at 39,257.53 points. Consequently, the Month-toDate and Year-to-date returns increased to 3.46 per cent and 46.08 per cent respectively. The Consumer Goods was up 6.14 per cent, banking added 5.34 per cent, and insurance 0.20 per cent at the close of the week, while the industrial goods dropped 1.37 per cent and oil and gas fell 0.47 per cent lower. The gains recorded during the week were driven by FBNH (+26.33% w/w), CADBURY (+22.87% w/w), and FIDELITYBK (+20.87% w/w); while investors took profit in the shares of TOTAL (-5.39% w/w), MANSARD (-4.65% w/w), and GUINNESS (-4.93% w/w) respectively. 47 equities appreciated in price during the week, higher than 39 of the previous week. 20 equities depreciated in price, 23 equities of the previous week, while 105 equities remained unchanged lower than 109 equities recorded in the preceding week. Total turnover of 3.316 billion shares worth N36.451bn in 29,771 deals were traded by investors in contrast to a total of 14.257 billion shares valued at N35.056bn that exchanged hands previous week in 17,379 deals. The Financial Services Industry (measured by volume) led the activity chart with 2.785 billion shares valued at N26.075bn traded in 18,293 deals; thus contributing 83.97%

BUSINESS TIMES Business Editor Ganiyu Obaaro Asst. Business Editor Simon Ugwu Capital Market Editor Bonny Amadi

Monday, December 11, 2017

Chukwuemeke Iwelunmo

GTBank MD, Segun Agbaje receiving the award of CEO of the Year from Christopher Moore, Publisher and Chief Executive of EMEA Finance Magazine at the Africa Banking Awards which held on Thursday… in London

GTBank wins Nigeria’s, Africa’s best bank for CSR at Finance Awards ÏL# ƌƆƗ &R Ƈ Ɛ Ɔ Ɔ Ə

Mutiat Alli

Foremost African financial institution; Guaranty Trust Bank plc reaffirmed its position as a leading global brand with its recent recognition as the “Best Bank in Nigeria” and the “Best Bank for CSR in Africa.” According to a statement by the bank and made available to The Daily Times, GTBank’s Managing Director and Chief Executive Office, Segun Agbaje, also won the award for the CEO of the Year, which he won in 2013, thus becoming the first ever repeat winner in the history of the awards. EMEA Finance is a leading bimonthly global industry publication that reports on the major financial events and happenings initiated and influenced by the international financial industry active in Europe, Middle East, and Africa. The award celebrates Africa’s most innovative bank taking into consideration its market strength, profitability, growth and earnings, potential and quality of management of the financial institutions. According to Christopher Moore, Publisher and Chief Executive of EMEA Finance Magazine,

“In recent years, GTBank has attracted laudable accolades for its efforts in growing local communities through key interventions for SMEs in the fashion and food industry. This novel initiative of the bank, has enabled it create free platforms for budding entrepreneurs across Africa to grow their businesses. In recognition of the bank’s effort in impacting local communities across Africa, GTBank is the proud winner of the 2017 Best Bank for CSR in Africa.” He further stated that, “GTBank’s emergence as “Best Bank in Nigeria” demonstrates its ability to continuously deliver notable success by leveraging cutting edge technology to deliver excellent services to a diverse African community and bolster efforts towards on-boarding the unbanked” Receiving the award on behalf of the Bank, Segun Agbaje, Managing Director/CEO of GTBank said: “We are honored to be recognized as the Best Bank in Nigeria and Africa’s Best Bank for Corporate Social Responsibility. These awards reflect our progress in building strong, value adding relationships with our customers and demonstrate that of far

greater importance to us, beyond providing first -class service, is the role we play in our host communities.” He further stated that, “I am humbled to be recognized as CEO of the Year for a second time; this award is a testament to the hard work and dedication of the amazing team of people at GTBank. We will continue to differentiate ourselves by aggressively pursuing innovative solutions that create sustainable value for all our customers and stakeholders, whilst championing high impact CSR initiatives to support the economic growth and social progress of our communities. The statement said that, “GTBank has consistently played a leading role in Africa’s banking industry. The bank’s brand is regarded by industry watchers as one of the best run financial institutions across its subsidiary countries; and serves as a role model within the financial service industry due to its bias for world class corporate governance standards, excellent service delivery and innovation.” The bank operates from over 238 branches within the country; and has banking subsidiaries in Kenya, Rwanda, Uganda, Cote D’Ivoire, Gambia, Ghana, Liberia, Sierra Leone and the United Kingdom.

Nigeria’s leading airline, Air Peace has announced plans to connect Freetown in Sierra Leone, Banjul in The Gambia and Dakar in Senegal from its Murtala Muhammed International Airport, Lagos’ hub, starting from December 15. A statement issued by the carrier’s Corporate Communications Manager, Mr. Chris Iwarah said the new routes would constitute the second phase of the airline’s expansion project on the West Coast of Africa. He said this would bring its route network to a total of 14 destinations. Air Peace made its first scheduled commercial flight out of Nigeria from the Murtala Muhammed International Airport, Lagos, into the Kotoka International Airport, Accra, Ghana, on February 16. The airline plans to operate flights to five other regional routes, as well as six international destinations comprising Dubai, London, Guangzhou-China, Houston, Mumbai and South Africa soon. Air Peace, which recently embarked on a project to increase its fleet size to 24 aircraft, said its Freetown, Banjul and Dakar routes would be serviced by its Boeing 737 aircraft to guarantee the comfort of its guests. “We are pleased to announce the second phase of the expansion of our route network on the West Coast of Africa with the commencement of our flights from Lagos to Freetown, Banjul and Dakar on Friday, December 15. This is an exciting step in fulfilling our promise to unlock the economies of the region, offer air travellers on business and leisure trips seamless connectivity as well as create jobs for the people when we launched our first flight out of Nigeria into Accra, Ghana on February 16,” Air Peace said. It added: “We will operate roundtrip flights from our Lagos base to the new routes four times a week on Mondays, Wednesdays, Fridays and Sundays. The service departs the Murtala Muhammed International Airport for Freetown at 7am (local time).” According to the statement, “The launch will bring destinations on our regional route map to four. Our West Coast expansion project is still unveiling. We hope to connect about five more routes in the region in the next few weeks. “In the coming months, we will open up more opportunities for our guests to experience the exciting world of Africa and international destinations, including Dubai, London, Guangzhou-China, Houston, Mumbai and South Africa.”

Business News B2

Daily Times Nigeria Monday, December 11, 2017

Sterling Bank honours Adesanya, bows out after 30 years

Ladesope Ladelokun

Sterling Bank Plc celebrated Mr. Lanre Adesanya, Executive Director, Corporate and Institutional Banking, who recently retired from the bank after a 30 years’ journey for his meritorious service. The retirement dinner was graced by directors, senior executives, shareholders, business associates and the retiring executive director’s family members. The celebratory dinner tagged “Let’s Celebrate our Legend,” held at Civic Centre, Lagos. In his welcome address, MD/CEO, Mr. Yemi Adeola, said it was a night to celebrate an icon, who had worked non-stop for 30 years with the bank at both international and local levels; and had traversed the length and breadth of the country in the course of his career. Also, speaking on the occasion, Chairman of the bank, Mr. Asue Ighodalo, said the bank would miss Adesanya very much because of his immense wealth of experience, contacts and demeanor, which he used to bring to bear on issues during board meetings. He remarked that when the board met about two weeks ago, nobody could sit on Adesanya’s chair because of the enormous respect other directors had for him, adding that Lanre is truly a great guy who lightens up moods at meeting. Ighodalo also commended his wife, Mrs. Olatundun Adesanya for supporting her husband to excel in his official duties to the bank, adding, “all our thanks go to you.” In a citation on Adesanya, Mr. Kayode Lawal, ED, Corporate and Investment Banking said, “With faith, discipline and selfless devotion to duty, there is nothing worthwhile that you cannot achieve.”. One of the customers of the bank, Mr. Rasheed Sarumi, said his company has a banking relationship with Sterling Bank because of Adesanya, adding that the relationship has been extended to his colleagues in the bank and members of his family. In his response, Adesanya noted that in his 30 years of banking career, he was an executive for 25 years, remarking, “I have seen God in my life. When I’m faced with challenges, my God always shows up.

L-R: Former Chairman, Sterling Bank, Alhaji Suleiman Adegunwa; the Outgoing ED, Sterling Bank, Mr. Lanre Adesanya; Chairman, Sterling Bank, Mr. Asue Ighodalo and Managing Director/CEO, Sterling Bank, Mr. Yemi Adeola, during a send-forth Dinner for Lanre Adesanya in Lagos

Ag SEC DG lauds CAMCAN over market growth

Ï^ƋƆƗ Ɔ Ƒƍƍ ƏƐ Ɛ ƅƈ Ɛƈ Adesola Afolabi

The newly appointed acting Director General of the Securities and Exchange Commission, Dr. Abdul Zubair has lauded the Capital Market Correspondents Association of Nigeria (CAMCAN) for its contributions to a more resilient and steadily growing capital market. Zubair, who gave the welcome address at the 2017 edition of the annual CAMCAN conference noted that the task of developing and deepening the capital market was a collective one, saying that, ‘’the capital market correspondents have taken on an increasingly important role of communicating to the public some of the commission’s initiatives aimed at developing the market.’’

One of such initiatives is the dematerialization, which is about moving from physical to digital manifestation of asset ownership. Zubair noted the dematerialisation process succeeded in less than two years from take off with nearly all share certificates now digitalised, thus overcoming the problems associated with damages to or loss of physical share certificates. Other initiatives successfully achieved in the short while following the implementation of the capital market master plan are direct cash settlement, e-dividend management system, national investor protection fund, complaint management framework, national investor protection fund (NIPF) corporate governance code and scorecard, as well as non

– interest products, e.g ,the first issuance of a sovereign Sukuk in 2017. Highlighting the performance of the market Zubair noted that as at September 2017, the total value of issuances in the market amounted to N1.55 trillion with equities accounting for 12 per cent. ‘’At the secondary market: total equities transactions rose by 78.6 per cent to N1.655tn between 2016 and September 2017, while foreign transactions increased by 47.31 per cent during the period The NSE All Share Index (ASI) has returned 47.11 per cent as at Thursday, 7th December, 2017 which is a remarkable recovery for the exchange. The FMDQ’s total turnover in Aug’17 was N12.9trn and N12.18trn in Oct’17 with Treasury bills dominating activities and the NASD’s trade on the floor was valued at N352.42m

in Oct. 2017, 22.4 per cent higher than the level for January 2017.’’ Further development activities by the SEC geared at deepening the market, include a recent outreach in some area councils of the FCT to create more awareness through the design and implementation of laudable programs. SEC also recently joined its counterparts all over the world to mark the IOSCO world investors’ week in Abuja and Lagos bringing together stakeholders, investors, and students to promote financial inclusion. Most worthy of note is the investor education portal dedicated to educate investors of financial literacy and activities of the capital market designed by sec According to Zubair, the contents have been uploaded and the portal will soon become accessible to all. To further ensure market efficiency, accountability and transparency in the capital market, Zubair assured the investing public and all stakeholders of SEC’s commitment to ensuring an uninterrupted and orderly operation of the market and the regulations thereof.

Group moves to curb unemployment, trains 54 youths on ICT

Bassey Willie, Uyo

Determined to combat unemployment and poverty among the youths of Akwa Ibom State and Nigeria at large, a Non Governmental Organization, (NGO), the Vision Foundation Computer Institute has trained and empowered over 54 youths of the state on data processing and Information and Communication Technology, (ICT). Already, the NGO has established 12 business centres furnished with modern computer facilities in the major towns in the state for its trainees, while 10 of them were given automatic employment in other privates

companies. Speaking during the maiden convention and empowerment of the trainees of the scheme held at the institute’s premises along Atiku Abubakar Way, Uyo, the stae capital, over the weekend, the president of the foundation, Elder Samuel Nyong said with the rapid growth in the numbers of youths graduating in tertiary institutions every year, the scheme seeks to offer opportunity for economic and social development of the youths and reduce unemployment. He said, “The incidence of poverty among young people in Nigeria, Ethiopia, Uganda, Zambia and Burundi is over 80% according to World Bank in

2009; the highest rates of poverty can be observed among young women and people living in rural areas. “That is why we, in the Vision Foundation Computer Education founded on divine trust in God is poised to provide employment and empowerment opportunities to our youths through ICT training, because when we tackle unemployment among the teaming youths through practical skills. We can be rest assured that instability, restiveness, armed robbery, kidnapping, militancy and insecurity are directly addressed.” Nyong explained that the graduate students have been successfully trained on various ICT skills which

include data processing, web design technology, graphics and concept designs, photography, video editing technology, autocad technology, laptop/computer engineering technology, internet and online technology and photocopier/handset engineering technology, free of charge by the institute. The Chairman, Governing Council of the institute, Mr. Aniebiat Okon said that the issue of computer education and fight against unemployment should not be left to government alone, that is why they moved with passion to train Nigerian youths residing in Akwa Ibom state free of charge and empower them at the end of the training to be gainfully em-

ployed. He said that they have already invested over 5million naira for this year’s empowerment programme to established business centres for their trainees, urging them to be prudent in managing the centres. The regional representative of the World Health Organization, (WHO), Dr. Robson Robinson said with the training and empowerment of the youths the institute, they have keyed into the goals of sustainable development, adding that with their initiative, more entrepreneurs would be discovered and crime will reduce adding that, “He who opens the school door, closes the prison.”

Daily Times Nigeria Monday, December 11, 2017

Business News

Akeredolu’s wife inaugurates empowerment programme for Ondo women Ï E ƈ 1 ƒ Ƌ ƑƗ ƈ ƈƐƈ ƐƈƒƆ

Ganiyu Obaaro Wife of the Governor of Ondo State, Arabirin Betty Anyanwu -Akeredolu officially launched her initiative, Forum for Wives of Ondo State Officials (FOWOSO) at a colourful event which witnessed display of cultures from across the 18 Local Government Areas of the State. The epoch- making event drew governors and politicians across the country, such as Governor of Kogi State, His Excellency, Alhaji Yahaya Bello, as the Chairman of the occasion, the Executive Governor of Ondo State, Arakunrin Oluwarotimi Akeredolu, the wife of Edo State Governor, Mrs. Betsy Obaseki, the wife of Ondo State Deputy Governor, Chief Mrs. Ajewole Agboola Ajayi, wives of past Governors in the state, royal fathers,

among other leaders in the state. Addressing the gathering at the M.K.O Democracy Park in Akure, the initiator, Mrs. Akeredolu stressed some of the objectives of FOWOSO, noting that it would help in developing and executing programmes that would build capacity in young and old women in the state. She explained that FOWOSO would stand for and create equal opportunity for women of the state so as to prepare them to take charge when called upon. While stressing the need to urgently address low representation of women in position of real authority and decision-making. According to a statement by the Office of the First Lady of Ondo State, Akeredolu noted that “women’s roles have grown to the point where it is a loss to the society to segregate them

from economic activity and decision-making processes. “Arabirin Akeredolu also expressed optimism that FOWOSO will become a lasting legacy that will continue to carry out projects aimed at empowering, establishing and encouraging girls and women to be more in the society even after she leaves office.” The chairman of the occasion, His Excellency, Alhaji Yahaya Bello, the Governor of Kogi State in his opening address, expresse congratulations to Ondo State people, saying that the Akeredolu led government is known for running its government on the principle of good governance. Bello, who was ably represented by, the Secretary to Kogi State Government, Mrs. Folashade Arike Ayoade, commended the launch of FOWOSO noting that it is indeed a great platform that would help the

spouses of the officials in the state to complement the efforts of their husbands. She urged members of FOWOSO to pay attention to issues that affects women and girl child as it has a way of influencing men noting that once the heart of the female constituency is captured, it will go a long way in bridging the gap between the government and the governed. Earlier, the Governor of Ondo State, Arakunrin Oluwarotimi Akeredolu, in his remark, called for supports from members of FOWOSO while also expressing confidence that the forum will accomplish the purpose for which it was established. Governor Akeredolu who lauded his wife for her selfless services to humanity stressed that she is a detribalized woman who is willing to continue to advocate for the cause of women and girl children. In her goodwill message, Mrs. Betsy Obaseki acknowledged the good work being done in the state by the Akeredo-

lu led government while also charging members of FOWOSO to support their First Lady to accomplish the goals of the forum. While also expressing congratulations to members of the state, two former First Ladies in Ondo State, Mrs. Grace Onyarugbulem and Olufunke Agagu solicited for supports for the success of the initiative by members of FOWOSO. The climax of the event was the distribution of empowerment tools such as sewing machines, hairdressing machine and as well grinding machines to women across the 18 local government areas of the state. There was also free medical check- ups. Expressing gratitude for the empowerment, two of the beneficiaries, Ayodele Bosede from Akure South Local Government Area and Kaliyatu Olukoju from Akoko South West Local Government Area, thanked Mrs. Akeredolu for coming up with the initiative, noting that it would not have come at a better time than now when there is a growing need to be a pillar in their respective homes and provide support not only to their children but their husbands as well.

ICT: UNN signs MoU with Chinese company By Moses Oyediran, Enugu

The University of Nigeria Nsukka (UNN) on Friday, signed a Memorandum of Understanding (MoU) with HUAWEI, a Chinese Information Communication Technology, (ICT) giant . The Vice-Chancellor, Prof. Benjamin Ozumba, signed on behalf of the university, while Mr. Simon Zhang, the Channel Service Project Manager signed on behalf of Hauwei. In a remark, Prof. Ozumba said the Hauwei Academy Program would benefit both workers and students of the university. “ICT is the backbone of technology and innovations in very part of the world. Both UNN and Huawei will benefit from the MoU. The university has forty five thousand students. I am optimistic that UNN will live up to the expectations contained in the MoU, “ he said. Ozumba commended the ICT giant for finding the UNN worthy to establish it’s academy; and pledged the support of both staff and students. “Whatever Huawei will invest in UNN, it will reap the benefits. UNN does not have simulators, but with Huawei academy in UNN the university will start using simulators, “ he said. Meanwhile Zhang, who signed on behalf of Hauwei, said UNN was the first university in Nigeria that Huawei academy has been established; and promised that Huawei would do it’s best to ensure more staff and students embrace ICT culture. “We are establishing our first Huawei academy in UNN; and from here, we will reach other universities in Nigeria. “I thank the VC and university management for their approval of the establishment of the academy in UNN,” he said. In a remark, Mr. Yemi Joseph, the Senior Solutions Architect Enterprise Marketing & Sales Manager said the academy is the first establishment in any federal Universities in Nigeria, adding that very soon, Huawei would establish an innovative center in UNN.

L-R: Marketing Director, RB West Africa, Aliza Leferink; Special Adviser to Lagos State Governor on Environment, Mr. Babatunde Hunpe and Lagos State Commissioner of Environment, Dr. Babatunde Adejare during the R B 2017 World Toilet Day event at the weekend... in Lagos.

Investors, banks, others keen on Ambode’s tourism development programme The drive by the Lagos State Governors, Mr. Akinwunmi Ambode to create a private- sector driven tourism economy has earned the full confidence of multinational companies, notable entrepreneurs’ business owners and managers alike across the state. This was the general consensus at a stakeholders’ review meeting held with sponsors of the Lagos Street Carnival and the forthcoming end of year eight days One Lagos Fiesta programme to be held across the five divisions of the State. According to a statement by the Permanent Secretary in the Ministry of Tourism, Arts and Culture, Mr. Fola Adeyemi, and made available to The Daily Times, the street carnival was organized by Heat

Limited in conjunction with the Ministry as a private sector- driven programme of the state. He disclosed that sponsors and investors are already lining up for the One Lagos Fiesta including, Guaranty Trust Bank, Globacom, Nigeria Breweries Ltd, Pepsi Nigerian Plc, Access Bank, Dangote Nig. Plc, Multi choice, JMG Generators, Eko Atlantic City, Eko Hotels, South Energy X, among others. Adeyemi said that aside the fact that the carnival was a private driven initiative and only backed with institutional support by the State Government, the private sector equally provided funds and support to ensure the success of the programme. He said the quantum of tourism events in the State has taken

an upward leap since 2015 with the emergence of the Governor Akinwunmi Ambode Administration and the state policy of project T.H.E.S.E which stands for Tourism, Hospitality, Entertainment and Sport for Excellence. He recalled that expansion of the former Lagos Countdown event into One Lagos Fiesta, a multi-location event with simultaneous concerts across the five administrative divisions of the state and the huge success recorded, till date has further proven to the private sector that Governor Ambode’s statement that the creative industry hold the key to a booming economy in Lagos was fast becoming a reality. “The vision of Governor Akinwunmi Ambode to create a platform to support the creative in-

dustry has exposed the tourism potentials of the state with a multiplier effect across various sectors of the state economy. “Smart business owners and investors found it difficult to close their eyes to such monumental business benefits. Lagos State has evolved as the tourism and entertainment hub of the country in the last two years with an average of over 12 crowd pulling tourism, entertainment and sports event in a year,” the Permanent Secretary said. Adeyemi said that the organized private sector has now taken the marketing advantage derivable in supporting Lagos State tourism initiatives, because of the numerous opportunities available and transparency of Government in managing the funds.

Money Market B4 Stories by Motolani Oseni Nigeria’s direct remittances had recorded a whopping appreciated figure of N1.6 trillion in the space of eight months, considering the estimated balance of N1.8trn or $5.8 billion, in September, compared to N169.5bn or $555million it stood in January this year. The remittances, which is supervised by the CBN, usually comes from International Money Transfer Operators. (IMTO) and global oil prices’ earnings, at $1/N305, data obtained from the apex bank has revealed. For instance, the data showed that total N169.5bn or $555m was remitted in January this year, however, declined to N63.89bn or $209.48m in February. It rebounded to N227.9bn in March or $747.35m, but again dropped to N132.8bn or $435m the following month before rising to N226.7bn or $743m in May, 2017. The remittances, however, stood at N280.7bn or $920.3m as at the mid of this year; and further increased to N318.9bn or $1bn in the seventh month of the outgoing year.

Daily Times Nigeria Monday, December 11, 2017

Nigeria’s direct remittances gain N1.6trn in 8 months Although, the remittances recorded a sharp drop of 24 per cent to N242.8bn or $796m in August and eventually closed the ninth month of the year at a more depreciated figure of N116bn or $381m. The apex bank on its official website, had disclosed that Total direct remittances between 2010 and 2016 rose to estimated N12.1trn or $39.5bn. As at December 2016, total direct remittances to CBN was at N2.13trn, an increase of 17 per cent from N1.8bn in 2015. The CBN said, about $3.7bn was the highest peak amount remitted in 2016, precisely December 31, 2016. The lowest amount remitted was $85.4bn, while for 2015, total remittance hits the peak of $1.13bn. The CBN, in 2016, had licensed 11 additional international money transfer operators.

Total remittance to CBN in 2014, however, was N2.49trn, the highest amount remitted to the apex bank in the six years under consideration, while in 2013, it was at N694bn, the lowest amount remitted to CBN. Further findings by The Daily Times revealed that N1.4trn and N1.72trn was total amount remitted to CBN in 2012 and 2011, respectively. In addition, N1.78trn was the total amount remitted to CBN in 2010. The total direct remittance recorded the highest inflow in 2010 and 2011 with 29 and 25 days of remittance. The CBN had mandated financial service providers to be duly licensed in order to protect customers and the financial system, adding that international money transfer operators are required to remit foreign currency to their agent banks in Nigeria for disbursement in Naira to benefi-

ciaries. The CBN said that interested applicants should forward their request for licensing under the CBN 2014 Guidelines on International Money Transfer Services in Nigeria. World Bank, in a report, disclosed that remittances to developing countries fell for a second consecutive year in 2016, a trend not seen in three decades. According to the World Bank report, an improved global economic outlook, remittances to developing countries are expected to recover this year, growing by an estimated 3.3 per cent to $444bn in 2017. The report by the Bank said, “The global average cost of sending $200 remained flat at 7.45 per cent in the first quarter of 2017, although this was significantly higher than the Sustainable Development Goal (SDG) target of three per cent. Sub-Saharan Africa, with an

average cost of 9.8 per cent, remains the highest-cost region. “A major barrier to reducing remittance costs is de-risking by international banks, when they close the bank accounts of money transfer operators, in order to cope with the high regulatory burden aimed at reducing money laundering and financial crime. “Remittance flows to Sub-Saharan Africa declined by an estimated 6.1 per cent to $33bn in 2016, due to slow economic growth in remittance-sending countries; decline in commodity prices, especially oil, which impacted remittance receiving countries; and diversion of remittances to informal channels due to controlled exchange rate regimes in countries such as Nigeria. Remittances to the region are projected to increase by 3.3 per cent to $34bn in 2017,” the report added. Meanwhile, the price of Organization of Exporting Countries’ (OPEC’s) basket of 14 crude countries gained 14 per cent to $60.73 per barrel as at December 6, 2017, from $53.3 it started trading early this year.

Heritage Bank partners Generation Next to position 1, 500 pupils for leadership

L-R: Governor of Jigawa State, Alhaji Mohammed Badaru Abubakar; President Muhammadu Buhari, Governor of Kano State, Alhaji Abdullahi Umar Ganduje and Chairman, FullMark Group, Mr. Sriram Venkateswaran during the inauguration of the multi-million naira state-of-the-art Amarawa Rice Mill located at Amarawa Village, Gezawa Local Government Area of Kano State... on Thursday.

Economy: Stakeholders call for deregulation, repositioning Esther Taiwo Stakeholders in the nation’s banking industry, who gathered at the Lagos State University(LASU) on Wednesday to brainstorm on: ‘Deregulating the Nigerian Economy Towards Moving to the End of the Era of Oil,’ have canvassed deregulation as well as repositioning of the nation’s troubled economy. The event was the annual public lecture of the Department of Banking and Finance, Faculty of Management Services, LASU, Ojo, Lagos, chaired by President and Chairman of Council for the Chartered Institute of Bank-

ers of Nigeria (CIBN), Prof Segun Ajibola. According to the chairman, an economy that is over regulated cannot perform at its optimum level; thus the need for deregulation has become critical for the nation’s economic managers. He said,“In the 60s our foreign exchange earnings came from Agriculture , 70 percent of our labour force relied on agriculture, as a country we were able to feed ourselves and export to other countries, we sustained that template till after independence, but immediately the Nigerian economy discovered oil, the Black Gold, we abandoned agriculture and solely rely on oil.”

Ajibola said thereafter the economy became over concentrated; and unfortunately; oil became the major source of income for Nigeria; adding that it is more unfortunate that the intricacies surrounding the mono -product is beyond Nigeria, thus causing the economy to be in a state of coma and hemorrhaging since in the 1970s. “The power of Oil Producing Exporting Countries (OPEC) is beyond Nigeria as well as the international policies. Nigeria has little or no influence over oil, the politics of OPEC and the double standard that is being played by economic powers of the world

has effect on the Nigerian economy,” he said. He said about 60 per cent of Nigeria’s internal revenue comes from petroleum dependent saying the country has problem of distributing injustice because over 90 per cent of the economy is in the hands of less than 10 per cent of the total population, stressing that this is a political economy. The Dean, Faculty of Management Sciences, Prof Banji Fajoyomi, said Nigeria has entered the last chance and the only way out is deregulation as he added that the country should move to knowledge economy. According to the representative of the Managing Director, Nigerian Deposit of Insurance Corporation (NDIC), Mr. Patrick Sanni, he said: “No economy can survive without bank deposits.”

Heritage Bank Limited, Nigeria’s most innovative banking services provider has partnered Generation Next, a-non-governmental organisation to prepare over 1, 500 secondary school students for leadership role that will take Nigeria to greater heights in the future. The programme, themed: “Raising Emotionally Intelligent Generation,” held in Lagos at the weekend, spanned digital knowledge, career, education and confidence building for students in the age brackets of nine to 17 years from Command Day Secondary School, Ikeja; Vivian Fowler Memorial College for Girls; Ifako International Schools, Iju Road, Ifako-Ijaiye; The African Church Model College, Agege and Baptist Boys Academy, Obanikoro, among others. Speaking on the importance of savings, Mrs. Cynthia Erigbuem, Group Head, Market Intelligence and Analytics of Heritage Bank, noted that inculcating savings culture at an early age in children was very important because sometimes they might have ideas but if they had not put aside money, they would not be able to bring it to reality. She enjoined them to tell their parents to open savings accounts with Heritage Bank for them so that they would be able to save significant amount of money before they would reach 20 years of age and thereby be able to bring their dreams and ideas to life. Erigbuem told the students that when they saved money with the bank, they would earn interest on the savings and the sky would be their limit by the time they come of age.

The convener of the programme, Mrs. Olufunke Fajuyigbe in her remarks, said the essence of Generation Next is to prepare the youths for a new Nigeria, remarking that the youths are the only people can make a new better Nigeria. She said they had specifically selected children in the age bracket of nine to 17 years, which is a critical age bracket for every country, adding that the colour, the picture and the greatness of the country depends on them and enjoins them to open their minds so that they can be the voice representing the next generation. Also speaking, Professor Anthony Kila, Director of Studies at ECAPS in Cambridge, The European Centre of Advanced and Professional Studies, advised the organisers to hold the programme twice yearly, one for parents and the other for students in a bid to achieve the objective. The professor promised the students that discerning ones among them would join other students in the world in Cambridge, the United Kingdom to write an essay on: “The Cambridge Experience,” the role of the most emotionally intelligent people in the generation next and the winners would win the Anthony Kila’s prize of $300. In his contribution, Mr. Taiwo Kola-Ogunlade, Manager, Communications & Public Affairs for Google West Africa exposed the students to how they could use Google to obtain any information they needed on the internet and promised to expose five of them from the programme to the international community in the area of computer science.

Capital Market B5 Stories by Bonny Amadi Investors increased preference for banking stocks buoyed by transactions in FBNHoldings, Fidelity Bank and Zenith Bank boosted market turnover for the week ended Friday, 8th December, 2017. The Financial Services Industry measured by volume, led the activity chart with 2.785 billion shares valued at N26.075 billion traded in 18,293 deals; thus contributing 83.97% and 71.54 per cent to the total equity turnover volume and value respectively. Trading in FBN Holdings , Fidelity Bank and Zenith International Bank measured by volume, accounted for 958.742 million shares worth N11.355bn in 6,765 deals, contributing 28.91% and 31.15 percent to the total

Daily Times Nigeria Monday, December 11, 2017

FBNH, Fidelity, Zenith top investors’ toast equity turnover volume and value, respectively. Meanwhile, a total turnover of 3.316 billion shares worth N36.451 billion in 29,771 deals were traded during the week ended Friday 8th December 2017, by investors on the floor of the Nigerian Stock Exchange (NSE) in contrast to a total of 14.257 billion shares valued at N35.056bn that traded in the preceding week in 17,379 deals. The Conglomerates Industry followed the financial sector in ac-

tivity with 247.639 million shares worth N1.330bn in 1,333 deals. The third place was occupied by Consumer Goods Industry with a turnover of 185.560 million shares worth N5.976bn in 6,137 deals. Also a total of 1.189 million units of Exchange Traded Products (ETPs) valued at N11.662m executed in 30 deals, compared with a total of 1,090 units valued at N14, 708.50 that was transacted last week in 10 deals, were recorded during he week. A total of 5,240 units of Fed-

eral Government Bonds valued at N4.406m were traded this week in 23 deals, compared with a total of 21,670 units valued at N23.125m transacted last week in 17 deals. The NSE All-Share Index and Market Capitalization appreciated by 3.46 per cent to close the week at 39,257.53 and N13.672 trillion, respectively. Similarly, all other indices finished higher during the week with the exception of the NSE ASeM, NSE Oil/ Gas and the NSE Industrial Goods Indices that depreciated by 1.04 per cent, 0.47 per cent, and 1.37 per cent respectively.

L-R: President of Rwanda, Mr. Paul Kagame; President of Egypt, Mr. Abdel Fattah Al-Sisi and Chairman, United Bank for Africa Plc and co-Chair of Africa 2017 Business Forum, Mr. Tony Elumelu, during the panel discussion on ‘Driving African Entrepreneurship’, at the Africa 2017 Business Forum that kicked off the Young Entrepreneurs’ Day, in Sharm El Sheik, Egypt... on Thursday

FG to raise N100bn at bond auction Wednesday Nigeria Government plans to raise N100 billion or $327 million by selling sovereign bonds with maturities of five and 10 years on Dec. 13, the Debt Management Office (DMO) said on Wednesday, ending the 2017 DMO issuance of FGSB. The debt office said it will raise 50 billion naira each in of the maturities using the Dutch auction system. The bonds, according to the DMO, are re-openings of previous issues and the result of the auction is expected to be published on Dec. 15, the DMO said. Savings bonds are debt instruments offered by government with the aim of mobilizing resources from the general public. The rationale behind the issuance of the savings bond by the FGN is to deepen the national savings culture, to diversify funding sources for the government and establish benchmark for other issuers. Meanwhile, the 10th series of

federal Government savings bonds (FGSB) which commenced on 4th December, ended Friday 8th December 2017. Investment One Stockbrokers Int’l Ltd, among other distribution agents, (DA) for the bond, disclosed that it received applications from the investing public starting from the 4th of December 2017. The Federal Government of Nigeria, through the Debt Management Office (DMO), had on the 13th of March 2017 issued the first series of the monthly 2year and 3year tenured savings bond. The Tenth (10th) series of the FGN savings bond is at the following rates: 2-Year FGN Savings Bond with maturity date of December 13, 2019, has 11.738 per cent, while 3-Year FGN Savings Bond due December 13, 2020, enjoys a 12.738 per cent coupon. The bond is also listed on the floor of the NSE for the benefit of those who may want to trade theirs before maturity.

NIBOR: Rates decline over absence of OMO auction The fixed income market, yields at the close of trade last week trended south which, driven by the improvements in liquidity levels and increased foreign investor interest. While the yields on the 5yr and 7yr benchmark bonds were unchanged at 14.35 per cent at close, yield on the 10yr benchmark bond fell by -36bps to 14.23 per cent. At the close of trade of Friday, while the 6month NIBOR rate was relatively flat at 19.95 [per cent, the rate on the 1month NIBOR inched up +20bps to 17.68 per cent, while the rate on the 3month NIBOR fell by -27bps to 18.58 per cent. However, in in the absence of an OMO auction, this week, it I expected that money market rates will decline with N67bn worth of OMO bills maturing on Thursday. The expected maturity of N67 billion OMO bills is expected to lift liquidity level and further propel slide in money market rates across board, hence the week will not record any OMO auction. The Nigerian money market is characterized by noted impact of liquidity on rates, hence improvement on liquidity level forces rates to decline while stifling liquidity lead to increase in money market rates. At the bond market, yields continued to trend south which may not be unconnected with the improvements in liquidity levels and increased foreign investor interest. While the yields on the 5yr and 7yr benchmark bonds were unchanged at 14.35 per cent at close, yield on the 10yr benchmark bond fell by -36bps to 14.23 per cent. In the forex market, while the NGN continued to close at N360/ USD levels at the IEFX window, it gained +0.28 per cent to N480.58/ GBP and +0.14 per cent to N422.88/ EUR at the parallel market.

IAPM, CIIA call for new investors’ protection code The Association of Investment Advisers and Portfolio Managers and the Association of Corporate and Individual Investment Advisers of Nigeria have called for enhance codes that guarantees protection of investors in the market. Making the call recently in Lagos during the annual forum organized by the joint body, stakeholders said that though there are existing rules, but it lacked exposure to retail investors and need to be upgraded and properly exposed to the investor for which it was designed to protect. Mrs. Olufunke Okoya, of Coronation Merchant Bank, a council member of the association, said that the customer needs experienced and competent adviser adding that investment advisers and portfolio managers need to work together to deliver best value, rather than competition “the market is so large for all fund managers.”

Okoya said that some in the course of competition, compromise investor’s funds by promising higher returns, embarking on high risk investment to deliver on promises. “For instance promise of 40 per cent returns which other refuse to give, enables some to take higher risks and compromise investors funds” Managing Director, Kings Thrones Limited, a SEC-registered independent Investment Advisory Firm. Akin Adeniyi, also a council member of the Association said that corporate governance aspect of the market still has a long way to go adding: are individual investors available to be protected” He argued that though there is the asset managers’ code of conduct and retail investors’ code has remained unpopular, adding “Let us adopt another code for individual investors’ protection and let them know what

their rights are” Adeniyi emphasized that some of the investors are not made to understand their rights so that they don’t hold fund managers accountable when they fail. Joe Mekilua, General Manager of the Central Securities Clearing Services (CSCS) called for asymmetry in investor complain framework, in order to deliver more value to investors. He added that such ordinated approach on how to investors should deliver complaints seamlessly, holds the key to efficient market development through zero tolerance to breaches. Guest speaker at the event, CEO, Stanbic IBTC Holdings, Mr. Yinka Sanni, earlier in his address, urged the group to ensure professionalism and strict adherence to ethical practices in order to compete favorably in the global market and deliver best value to investors.

Insurance B6

Daily Times Nigeria Monday, December 11, 2017

Governor State of Osun, Ogbeni Rauf Aregbesola (middle); his deputy, Mrs. Titi Laoye-Tomori (2nd right); Political & Economic Officer, UnitedState Consulate, Mr. Ben. Williams (2nd left); Cultural Affairs Officer, Mr. Kevin Krapf (left); Secretary to the State Government, Alhaji Moshood Adeoti (right), during a courtesy visit by the US Consulate Team to the governor in his office at the State Secretariat, Abere, State of Osun ...at the weekend

Universal Insurance Reinsurance assets decline to N97.458

Universal Insurance Plc has shown commitment to sustainable growth with the release of its third quarter unaudited result for the period ended 30th September ,2017, which focuses on growth trajectory. Universal Insurance’s gross premium written for the Q3 period ended 30th September , 2017, rose to N534, 902, million from N362, 543 min 2016 Q3. The result released by the Ni-

gerian Stock Exchange (NSE), showed that Financial Assets rose to N3, 224,874 in Q3 from N2, 895,869 posted in the comparative period of 2016. Reinsurance Assets dropped to N97, 458 against N109, 038 in Q3 2016, while Intangible Asset rose to N21, 528, against N18, 375 in 2016 Q3. Gross Premium Earned rises to N524, 625, over N373, 995 in 2016. Reinsurance Premium Expense also increased by over 100

per cent to N12, 971, from N6,076 in Q3 2016. Net Insurance Premium Income grew to N511,655,m from N367,919m, while fees and commission income grew to N17,212m, against N1,356m in same period of 2016. The company’s Q3 2017 result showed that trade receivables also dropped to N1, 603m,while it was N25,377 in Q3 2016. Investment Properties grew by about 40

per cent to N1, 796,000m from N1, 263,060m in the preceding period of 2016. The result further showed that Insurance Contract Liabilities rose by about 98 per cent to N 713,280 m from N366, 038m in 2016. Borrowing, trade payable increased to N 36,336, over N1, 620 in same period of 2016. The company recorded deferred tax liability of N 743,772m from N712, 863m in third quarter 2016.

Guinea reaffirms commitment to growth The management and board of Guinea Insurance Plc have reaffirmed company’s desire for growth and returns on investors to shareholders. The assurance was given at the firm’s 59th Annual General Meeting, which held recently in Kano recently, where shareholders unanimously endorsed the continuous growth and development initiatives of its board Godson Ugochukwu, Chairman, Board of Directors in a statement, reaffirmed the commitment and resolve of the board to grow the company through strategic deployment of its distinctive competencies to gain competitive edge in the marketplace. The chairman, stressed the remarkable operating and financial successes the Board and Manage-

ment of the company were able to achieve in less than a year irrespective of prevailing harsh macro and micro environment. “As pledged in year 2015, we positioned ourselves for the future and initiated rigorous actions to get Guinea Insurance out of the woods and guided to a path of profitability. Therefore, the company was able to grow its Gross Written Premium by 4.18% from N870million in 2015 to N907m achieved in 2016. Shareholders’ Fund in 2016 was N2.897billion and N2.899bn in 2015 representing a marginal drop of 0.08%. Profit Before Tax margin grew by 194.64% from N46.9m in 2015 to N138m in 2016. Profit After Tax grew by 134.87% from N7.2m loss experienced in 2015 to N2.5m profit recorded in 2016. Our company successfully overcame the

challenge of solvency margin during the year as its solvency margin stood at N3,014,791,000bn in 2016 as against year 2015, when the solvency margin was N2,981,596,000bn. Given what could be described as a sweeping pass as regards the remarkable feat of courage and will displayed by its board, shareholders were overtly hopeful that the trend would endure and the company will continue to consolidate its footing in the industry; with no ifs, and or buts, Godson pledged to continually focus on building capacity, reposition the brand, build a tribe of loyal customers who will become the company’s brand ambassadors and ultimately transform the company to a world class enterprise. The Ag. Managing Director, Mrs. Isioma Omoshie-Okokuku

in her address, said, “Today, I can stand before you and make bold that the newly constituted board and present-day Management team of our company, have come together as a formidable force to pull out all the stops on our path to success. We believe we are competing to win, our strength lies in our passion for high standards and determination to become a world class enterprise with the scope and economies of scale necessary to serve the financial and risk management requirements of our numerous customers; many of whom trade not just in domestic markets, but regionally and throughout Sub-Saharan Africa.” As we move into the future, we will definitely be at the vanguard of positive changes in our company and in the Nigerian insurance industry.”

Equity Assurance engages EDC Registrars Shareholders of Equity Assurance Plc need to look up to EDC registrars for their professional services as Registrars to the company. A statement signed by John Akujieze, the company’s secretary, released by the Nigerian Stock Exchange (NSE) titled: “Notice of appointment of EDC Registrars as the company’s registrars” disclosed that the company’s office is located along Ikorodu Road, Lagos, while the appointment takes effect from 2nd January, 2018. The company is seeking to become an insurance company recognized for excellent client services, using cutting -edge technology, motivated workforce and good business ethics to meet stakeholders’ expectations.

Daily Times Nigeria Monday December 11, 2017

Stories by Godwin Anyebe The rising demand for Corporate Social Responsibility (CSR) leads to the application of tools of brand management resources. Most organizations have adapted brand management practices that encourage a consideration for positive impact on the bottom line of their business; and also affect the equity of their brand in the right direction. Though this understanding of CSR does not go down with some analysts, however, others are of the view that everyone is in business to make profit. Understanding this fact, Airtel Nigeria has announced its plan to berth the season 4 edition of its popular Touching Lives Initiative, an inspiring corporate social responsibility programme that offers relief, hope, opportunities and credible platforms to liberate and empower the underprivileged, disadvantaged and hard to reach persons in the society. Checks by The Daily Times revealed that to achieve an effective social corporate responsibility system, a business must incorporate CSR strategies and objectives in its overall strategic development goals. There are several factors that

B7 CSR

CSR: The life-changing role of Airtel influence a company’s adoption of the corporate social responsibility strategies. The factors may include the stakeholder’s pressure, the financial performance and the corporate image. Therefore, implementing effective CSR practices with the strategic systems must concur with the business strategies and the company’s culture. The management and technical skills of employees are required to implement corporate social responsibility management systems that are effective. For example, the former governor of Lagos state, who is now the Minister of Power, Works and Housing, Mr. Babatunde Raji Fashola at a time said; “Corporate social responsibility means different things to different organizations. For the purpose of this gathering, may I state that true corporate social responsibility entails an organization considering the interests of society by taking responsibility for the impact of its activities on customers, suppliers, employees, shareholders, communities and other stakeholders, as well as the environment. “This obligation is seen to

extend beyond the statutory obligation to comply with legislation and sees organizations voluntarily taking further steps to improve the quality of life for the local community and society at large. Corporate responsibility is a genuine attempt by a company to build meaningful relationships and goodwill between the corporate sector and the rest of society. “Corporate responsibility is achieved when businesses adapts all of its practices to ensure that it operates in ways that meet, or exceed, the ethical, legal, commercial and public expectations that society has of business.” According to him, “the practice of CSR has been subjected to much debate in recent past. There is a strong business case for CSR, in that corporations benefit in multiple ways by operating with a perspective broader and larger than their own immediate, shortterm profits. To be considered effective, corporate responsibility must be an integrated part of day-to-day business, engaging all stakeholders and including strategies to support individual managers to make socially responsible decisions, conform to ethical

behaviour and obey the law.” “In shaping the future of our country, we all need to explore the domain of corporate social responsibility. We all have a huge task, whether as large corporations, government, communities, individuals, young and old. We all have a stake in shaping our communities,” he added. Speaking in a press briefing recently Lagos, Airtel’s Managing Director and Chief Executive Officer, Airtel Nigeria, Mr. Segun Ogunsanya said Airtel is proud of what has been done for the past four years through the Airtel Touching Lives initiative. In his words, ‘there is no excuse for not doing good, not even to blame the economy for not doing good. For the past three seasons, Airtel has touched many lives, community, NGOs and have made many impacts.’’ While commenting on the reason for the initiative, Ogunsanya said the idea centered on touching individuals lives which make it different from other corporate social responsibility projects. He maintained that though the economy situation poses a threat to business in the country but it won’t limit Airtel from touching

more lives. In the past three seasons, Airtel touching lives initiative has brought positive change in the lives of thousands of Nigerians by providing potable water for several starved communities, built maternal and health centres for remote communities, built and renovated schools to provide quality education to the less privileged. Also, the telco’s company has brought succor to thousands who are downtrodden, hard to reach, abandoned, neglected and condemned by family and society. Continuing, he called on other companies in the country to adopt Airtel’s vision of creating empowerment opportunities and making life better for Nigerians. We are looking for impact; we want to touch many lives. He said “We can’t do it alone, but I believe with the triangle of government, NGOs, and companies we can create the kind of impact to lift people out of poverty. There is nothing more fulfilling than giving to someone who can never give you anything in return. He added.

LBS kicks-off construction of Onosode’s management centre The Lagos Business School has commenced the process of building an International Management Research Centre to be named after the late Nigerian technocrat and administrator,Mr. Gamaliel Onosode. To mark the occasion, a sod-turning ceremony was held at the centre’s construction premises at the Lagos Business School recently in Lagos. LBS received a generous donation from the Onosode family, on behalf of the Gamaliel and Susan Onosode Foundation (GAMSU), for the research centre project. The foundation is a non-profit and non-political organization, set out to provide the enabling environment for the success of the Nigerian child through innovative and flexible learning opportunities. At the ceremony, Professor Juan Elegido, Vice Chancellor of the Pan-Atlantic University, commended the Onosode family for their commitment to the project and expressed his delight at the values which the late Onosode represents. “Onosode’s commitment to professional ethics and excellence are the reason why we are gathered here to erect this re-

search facility that would add value to our faculty and in turn immortalise him,” he explained. Mr. Joseph Moyo Ajekigbe, Chairman of GAMSU, said that LBS is an institution noted for excellence and commitment to adding values to the society, hence, deserving of such a research centre that would project the vision of the late administrator. “We are happy to be worthy partners with the LBS on this project and we are sure the institution’s uniqueways of doing things is in line with Onosode’s vision,” he said. He thanked the Onosode family for their commitment to the project and assured that users of the research facility would be happier when the project is completed. On his part, Mr. Ese Onosode reaffirmed his father’s commitment to the completion of the project and assured the institution of his family’s efforts to bring the project to fruition. “We are happy to share my father’s vision with LBS and to witness the start of the project and pledge our continuous support till the very end,” Ese stated. He also expressed his confidence at the Lagos Business School describing it as a brand to be associated with.

L-R: Director General, Defence Research and Development Bureau, Air Vice Marshall (AVM) Jomo Osahor, Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside, Executive Director, Operations, NIMASA, Engr. Rotimi Fashakin and Commodore Obenta in a photograph during a courtesy visit by the Bureau to NIMASA... in Lagos. Photo by NIMASA Dr. Christopher Kolade, former Pro-Chancellor of Pan-Atlantic University, Lagos, said that one of Onosode’s top concerns about Nigeria, the business sector and public sector was the poverty of management performance in many places. As such, “setting up a management research centre such as this is one of the best things we have done

with the legacy he left behind. This is an area of interest in which Onosode had passion and by doing this, we would immortalise him,” Kolade stated. He further thanked the LBS and members of the family for embarking on the project to accomplish the vision of a visionary leader. Dr. Enase Okonedo,

Dean of the Lagos Business School, expressed the institution’s appreciation to the Onosode family and the Foundation. She revealed that there was great cooperation and willingness from both parties during the preparatory stage of the project and commended their commitment towards the vision of the research

centre. The Lagos Business School also received donations from Col. Paul Obi (rtd.), and Zenith Bank Plc. The donations would go towards the building of the International Management Research Centre (IMRC), which will be used for the school’s research activities.

Daily Times Nigeria Monday, December 11, 2017

Bonny Amadi With the recent development in the Nigerian capital market, Seven-up Bottling Company Plc may have activated the wrath of local Nigerian investors with its intention to delist from the Nigerian Stock Exchange (NSE), a position made public recently. Local investors, who invested their funds in the company may have endorsed the petition against the company to the national assembly, for which the house has invited representative of the company among others, for clarification on burning issues raised by shareholders directed at ensuring corporate governance and best practices. Retail shareholders have alleged that 7UP Bottling Company’s losses in their books since 2014, were feigned and should be investigated by the regulators, to debar other companies from evading taxes in the country and defrauding shareholders by reporting losses, when the reverse was the case. Daily Times recalls that, preparatory to eventually de-listing of its shares from the NSE, like Nigerian Bottling Company, the board of 7U Bottling Company (SBC) Plc, makers of Pepsi Cola and Mirinda, among others, has offered to buy-out Nigeria’s minority shareholders in a deal expected to gulp N19.332billion. Could this has been the last straw that break the camel’s back in terms of the cold war between retail investors and the company? In a notice to the NSE, titled: “Announcement of proposed acquisition,” signed by Samuel Uboh of Equity Services Limited, the company secretary, SBC, said its board has received an offer from Affelka S.A., its majority shareholder, “to acquire all the outstanding and issued shares of SBC that are not currently owned by Affelka.” The statement explained that through the transaction, Affelka would be offering N112.70 per unit for the 171,542,574 ordinary shares of 50 kobo each

B8 Business Features

How Seven-Up triggers local investors’ wrath

Oscar Onyeama, DG, NSE

via a Scheme of Arrangement. The offer, it continued, is pursuant to Section 539 of the Companies & Allied Matters Act Cap. C20 Laws of the Federation of Nigeria 2004 and other applicable rules and regulations. The expected transaction covers 26.78 per cent of the company’s issued share capital at 15 per cent premium on the last traded share price on August 9, 2017, “being the last business day prior to the date the proposal was received from Affelka and 21.8% premium on the trading price as at close of trading on November 28, 2017. While urging shareholders to exercise caution when dealing in its shares until further notice, SBC said the deal has received the nod of the Securities & Exchange Commission (SEC), subject to approval of shareholders at a court-ordered meeting and the sanction of the Federal High Court. Hint of the de-listing is coming six years and almost two months after NBC delisted from

Kemi Adeosun, Finance Minister

the exchange on September 7, 2011, after Coca-Cola Hellenic (CCH) with 66.4% control offered a buy-out of the minority shareholders. SBC was listed exactly 31 years ago on Monday, December 1, 1986. However, in a swift reaction to unfolding development in the company, cross section of retail investors had condemned the recent twist by the company’s majority shareholders, as they argued that buying out of local shareholders now that the company is well priced amounts to depriving local investors’ oppor-

tunity to reap from the potentials of the reinvigorated company. Co-founder of Nigeria Shareholders Solidarity Association (NSSA), Alhaji Gbadebo Olatokunbo, who speaks on behalf of minority shareholders, told Daily Times Nigeria that Local investors in the country have called on the Securities and Exchange Commission (SEC) to carry out forensic-audit of 7UP since 2015. He said that the call for audit was necessitated by recent takeover notifications which it termed as a

“That, the 57years old 7UP was making good sales and profit with very good price at The NSE with the good result and return on investment in 2014. Suddenly, by the first half 2015 something known only by few foreign-team within the company happened and the company started reporting loss”

move to short change local investors “because we were yet to be convinced that the recent Takeover Notification of 7UP weren’t fraudulent”. Gbadebo said “That, the 57years old 7UP was making good sales and profit with very good price at The NSE with the good result and return on investment in 2014. Suddenly, by the first half 2015 something known only by few foreign-team within the company happened and the company started reporting loss” According to him, the drifting continued and the same powers behind the scenes were now ready to buyout LocalInvestors at their price. A stakeholder who pleaded anonymity, corroborated Gbadebo’s stand ; and called on the regulators and relevant regulatory authorities to beam their searchlight on corporate abuse of Nigeria’s business laws and tax regimes to the detriment of the people and the economy/ “We hereby call on both The Ministries of Industry and Finance

to seriously look into abuses and corruption going on within the private sector and make necessary amendment.” He called for amendment to some existing rules and laws of the Nigerian capital market and the NSE in order to guide against unethical market practices and fraudulent acts by promoters of listed companies. According to the stakeholder, it has been noted that some listed companies having evolved to global reckoning, usually raise false alarm to start posting losses, evade payment of profit tax and elicit arranged bailout fund from majority shareholders. He alleged that the funds usually written down as bail out funds, is usually wired outside by the company and repatriated as borrowed funds. “ Then created falsealarm and then some lobbyists would come forward with some questionable bailoutfund for our very solid companies with the Shareholders Fund that were fraudulently denied the those investors as the return on their Investments; while other companies are waiting to see if the scheme would scale through and then emulate such bad behaviours” However, Mr. Johnson Ayila, a local investor also condemned what he called new trend in the Nigerian market, where the majority shareholders are trying to buy out Nigerian retail investors who are now weakened by economic depression. Ayila said that localInvestors contributed immensely to growth of 7Up, even before listing on the NSE, adding that SBC has become a Nigerian brand and should not always be bandied as a foreign company. The buyout of Nigerian retail investors in the firm , he said “ amounts to a divorce suit by a caring husband to a loving wife.”

Life&

TIMES Monday, December 11, 2017

Gideon Okeke: There is no money in theatre

Daily Times Nigeria

Monday, December 11, 2017

Daily Times Nigeria

Monday, December 11, 2017

Interview L4

Daily Times Nigeria

Monday, December 11, 2017

Gideon Okeke: There is no money in theatre Talented and handsome entertainer, Gideon Okeke is one of the Nollywood act whose acting and stage delivery is second to none. The multifaceted hottie (Actor, presenter and model) plans to spread his wings across all forms of media as far as his career is concerned. Having great stage performer. In this chat with MUTIAT ALLI, Gideon spoke about line between stage and acting amongst others.Enjoyâ&#x20AC;Ś What role are you playing the movie Cross Road?

Omotimi Jomo sounds Bayelsa, how easy or tough is it for you playing the role? guided by the money we earn, the fact is aside from the cash , we are all bounded by the story that why you see us staying

act that should be the happiest moment in your life not when month, I will be going to London Theatre where I will be Knowing that stage performance requires lots of energy, how much of such energy do you put in your delivery?

that is not me and I am not the guy, I am only trying to weigh a life time to be good as oneself so from the beginning of our

Do you agree with the thought that there is a parallel line

this one What attracted you to the script? Despite your tight schedules, how then do you unwind?

in one robbery case or presumed in the robbery case, the way

it but the basic thing is as long as you want to earn from the You are a good singer too, is there a next step for you in terms of singing? could be theatre arts, your training could be from grammar

normal movie? others? I am only one robbery suspect in all of this story, so our story

so he still his own story, he is a guy who has his own story to Are you sure?

Life&

Best fun spots?