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Why commercial banks suffer macroeconomic challenges

Motolani Oseni, Lagos

Ă?Ă?Ă? Despite

the Nigeriaâ&#x20AC;&#x2122;s recent economic recovery, commercial banks operating in the country still face huge macroeconomic challenges. In a clear indication of ongoing progress, the Nigerian economy Continued on page 6

TUESDAY, DECEMBER 12, 2017 VOL. 3. NO. 524

N150

GLOBAL FINANCIAL/COMMODITY MARKETS

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Damaging campaigns cost Sâ&#x20AC;&#x2122;West PDP chairmanship -Makarfi

Ă? APC runs a broken party, government - Uche Secondus Ă? I didnâ&#x20AC;&#x2122;t underrate Govs, APC should not copy PDP â&#x20AC;&#x201C; Tinubu

Patrick Okohue, Lagos and Myke Uzendu, Abuja.

Ă?Ă?Ă? The

immediate past Chairman of the National Caretaker Committee Continued on page 5

5 FG to release additional N750bn for 2017 capital projects

JAC Strike: UNILAG postpones 2017/2018 Merit registration 6 Lawyers, CSO 7 commend judgment absolving Aiteo boss over party donations

Lagos State Governor Akinwunmi Ambode (middle), during the presentation of 2018 Budget Estimates before the State House of Assembly in Alausa, Ikeja, Lagos...on Monday.

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EFCC canâ&#x20AC;&#x2122;t prosecute serving judge except dismissed by NJC â&#x20AC;&#x201C;Appeal Court 7

Daily Times Nigeria Tuesday, December 12, 2017

News

Damaging campaigns cost S’West PDP chairmanship -Makarfi Continued from page 1 (NCC) of the Peoples Democratic Party (PDP), Senator Ahmed Makarfi, has listed damaging campaigns and lack of consensus among aspirants from the South West zone as part of reasons the zone lost the chairmanship position of the party in the just concluded national convention in Abuja. This is even as the newly elected chairman of the PDP, Prince Uche Secondus, has said that the ruling All Progressives Congress (APC) is running a broken party and a broken govern-

ment, saying that the agenda of the new executive is to reclaim power from the APC come 2019. Makarafi who denied the existence of a unity list, insisted that no list was foisted on the delegates. The former Chairman made these clarifications on Monday in Abuja in a monitored Television Programme. According to him, the South-West never had a true consensus candidate for the chairmanship position and there were some disparaging campaigns going on among aspirants

from the zone. He said that the “damaging campaigns” negatively affected the chances of the region from occupying the number one position in the party. He said, “For the SouthWest, it was at the convention venue that they resolved on a consensus candidate. And even then, another candidate came to the state box and met the leaders and said, look, they never resolved, that he was still in the race. So, it was a total confusion. “Somebody signs on behalf of other candidates

and said ‘we now have a consensus candidate and please support him’ and another going round and saying ‘no, we don’t have a consensus candidate. “The whole issue of the South-West was its inability to put itself in order in good time. And then allowing some characters that cannot stand up in terms of credibility to occupy the political and media landscape; all kinds of abuses. “And we cautioned them that negative campaign by one individual was damaging them as people and members of the PDP and

Cross-section of group in a peaceful protest against Special Anti-Robbery Squad #End SARS in Abuja….on Monday. PHOTO: TEMITOPE BALOGUN.

they needed to call that person to order. Still, they never called him to order. And as far as I know, 90 percent of the PDP members that that person comes to will run away.” But Makarfi did not name the person involved in the negative campaign. Also commenting on the controversial unity list, Makarfi denied that the so called list damaged the credibility of the convention. The unity list contained the names of all the aspirants that eventually emerged winners of the election into different offices. Makarfi maintained that “nobody hoisted anything like unity list on delegates.” “Nobody had a list going to the polling unit. Every delegate had his ballot paper and at each polling unit, names of those standing for the election were there. And delegates look at that and made their choices. “In politics, you also have consensus building. Even before the convention, you had geopolitical zones and states endorsing candidates. So if a zone is endorsing a particular candidate, they must have consulted with their delegates so they must have arrived at that venue with already a decision as to who to vote for. “Before the convention, people were going round and campaigning and some states, changing their mind. So the issue of any particu-

FG to release additional N750bn for 2017 capital projects Mathew Dadiya, Abuja

ÏÏÏ The

Federal Government has said that it will release additional N750billion this week to Ministries, Departments and Agencies (MDAs) for implementation of the capital projects contained in the 2017 Budget. The Minister of Finance, Mrs Kemi Adeosun, disclosed this on Monday in her office during a meeting with a delegation of investors from France in Abuja

led by Mr. Philip Labonn. According to Adeosun, the delegation is made up of 30 companies from France that have expressed readiness to invest in key sectors of the Nigerian economy, adding that the Federal Government was building a new path for the Nigerian economy away from its dependence on oil production. She said that the government had previously released N450billion for capital projects, adding that with the additional N750billion

a total sum of N1.2trillion would have been invested in infrastructure projects. She disclosed that 75 per cent of the Nigerian economy is currently agriculture but noted that the government is working on a range of reforms to make the economy more productive and buoyant. “Our currency, the naira, is fairly priced and stable. We’re mobilizing revenue from taxes and we now have a data that is able to correctly assess tax payers. We see

growth in the services sector, the manufacturing sector, and the banking sector. We also see opportunities in the power sector,” Adeosun told the delegation. “What the government is doing is to provide enabling infrastructure that would bring potential into reality. “Last year we released N1.3tn of capital and so far this year we have released N450bn and this week we will release another N750bn and this will take the release to N1.2tn by the end of

Why Oando dragged SEC to Appeal Court Bonny Amadi

ÏÏÏ The

Daily Times Nigeria earlier report that Oando Nigeria Plc will drag the Securities and Exchange Commission (SEC) to appeal court, following the High court earlier ruling that quashed its prayers to lift suspension on its shares, Oando has appealed the ruling. Daily Times Nigeria

Ï d ƕ 6ƈ ƑƏƐ Ɛ 9dj ƍƍƏ ƍƏƈ ƐƆ gathered that Oando Plc has approached the Court of Appeal with prayers for the court to lift the prevailing technical suspension placed on its shares as ordered by the SEC, as it argued that THE FDDERAL High court is more appropriate to entertain the case than the Investment and Securities

Tribunal (IST). In the appeal, Oando prays the Court of Appeal to make an order “reversing the decision of Justice Rilwan Aikawa, who struck out its earlier suit at the Federal High Court, Lagos. It was gathered that counsel to Oando, Mr Seyi Sowemimo (SAN), brought

this information to the notice of Justice Aikawa at the resumption of proceedings on Monday at the Federal High Court. In the light of the appeal, Mr. Sowemimo urged Justice Aikawa to make an order “preserving the res to prevent the appeal from being rendered nugatory.” Sowemimo insisted that

lar list may be an issue of a state or zone who has come to a decision that this is where we were going.” Seven aspirants from the South West region indicated interest in the office of the party’s national chairman, but just as the convention was about to commence six of the aspirants withdrew leaving behind Prof. Tunde Adeniran to slug it out with Chief Raymond Dokpesi and Prince Uche Secondus. Adeniran later emerged second in the exercise with 231 votes while Uche Secondus, scored 2000 votes to emerge as the new chairman. Secondus spoke on Monday in Abuja, during a handover ceremony at the party’s national headquarters. The new chairman who received his handover notes from the Makarfi-led National Caretaker Committee assured that the party will not be distracted by the APC propaganda. Secondus said, “We shall never be distracted by the ruling party, by their false propaganda. We will never be distracted. Nigerians now know the truth that all the APC has been saying in the last two years are mere lies, not only lies but to go out to intimidate Nigerians. Nigerians now know the truth, so we don’t need to be distracted by them. “We all know and we have Continued on page 10

the year,” the minister said. Adeosun, who noted that businesses in Nigeria cannot compete without infrastructure, also maintained that the investors will not be willing to come to the country to do business if the issue of corruption is not addressed. The leader of the delegation Mr. Labonn, congratulated the government for the recovery programmes carried out in the country moving it away from recession to growth.

The 2017 budget, christened Budget of Recovery and Growth, was presented to the National Assembly on December 14, 2016, and passed by the lawmakers in May. The fiscal document, which was signed into law by Acting President Yemi Osinbajo on June 12, 2017 had a total expenditure of N7.44trn out of which N2.99trn was for non-debt recurrent spending, N2.36trn for capital expenditure while debt servicing was to gulp N1.66trn.

the Federal High Court, rather than the IST, was the appropriate forum to hear the case. He said the judge erred in law by declining jurisdiction because “the suit touched and concerned the operation of a company incorporated under the Companies and Allied Matters Act.” According to him, by virtue of Section 251(i)(e) of the Constitution, the Federal High Court is empowered to entertain CAMA-

related cases. He is, therefore, urging the Court of Appeal to make an order “reversing the (Justice Aikawa’s) order striking out the suit and restoring the matter to the cause list of the Federal High Court for accelerated hearing.” Counsel for SEC and the Nigerian Stock Exchange, joined as the second defendant, Mr. Anthony Idigbe (SAN), opposed Sowemimo’s application for the preservation of res.

News 6

Daily Times Nigeria Tuesday, December 12, 2017

Why commercial banks suffer macroeconomic challenges Continued from page 1 has improved further, according to the latest Gross Domestic Product (GDP) growth in third quarter of 2017 by 1.40 per cent in real terms. But at the last Monetary Policy Committee (MPC) meeting for the year, the members had voted to retain interest rate at 14 per cent; Cash Reserve Ratio (CRR) at 22.5 per cent and liquidity ratio at 30 per cent. They maintained that banking industry is resilient despite government’s inability to operationalize its economic change mantra. But commercial banks directors have been advised to explore huge potential in

the North Eastern part of the country, just as the federal government of Nigeria intensive efforts to curb Boko Haram insurgency in the region. The Managing Director/ Chief Executive Officer, Nigeria Deposit Insurance Corporation (NDIC), Alhaji Umaru Ibrahim, at a recent interface with finance journalists across the country, pointed out that the North Eastern part of the country is endowed with human and natural resources. Although, he maintained that North Eastern governors must be sanitized on growing the financial sector of their region, he stressed the need for governors’ collaboration with the Central Bank of Nigeria (CBN) on its credit schemes.

He called on the CBN to introduce different incentives required by Deposit Money Banks (DBMs), Primary Mortgage Banks (PMBs) and Microfinance Banks (MFBs) to reopen businesses in the affected Boko Haram local government areas. In his view, Prof Chibuike Uche, said, “It is troubling that the government is increasing its international indebtedness, with attendant exchange rate risks, without a clear plan of ensuring that such loans will be repaid. “These huge borrowings and injections into the national economy also complicate monetary policy by making the future direction of inflation unclear.” He maintained that in-

creased international indebtedness is impacting on the health of banking system in Nigeria. According to him, “It is for instance my view that a good way of gauging the economic health of any nation is to examine the health of its banking system. This is so because banks essentially intermediate between surplus and deficit units of any economy. “The success of such intermediation always depend on the health of the underlying economy that such intermediated capital is used to finance. Given the current high levels of the bad debt portfolio in some Nigerian banks, which has persisted for some time, it is clear that our banking system is inching towards

R-L: Commissioner for Chieftaincy & LG Affairs, Ogun State,Hon. Chief Hide Ojuko; Olu of Ifo,Oba Samuel Oladipupo; Anikinnikun (Ilufemiloye 1)/ Olu of Ibogun Balogun Land,H.R.M Alayeluwa Oba (Dr.) Fakayode Faluade Adeshina with his Olori Amoke Faluade,during the official Coronation and presentation of Staff of Office to Olu of Ibogun Balogun Land held at Ibogun -Ogun State.

being encumbered.” Consequently, the World Bank has said that Nigeria’s GDP, which expanded by 1.4 per cent in the third quarter of 2017 (year-on-year); and the second quarter growth after the recession of 2016, reflects recovery in oil production, good performance in agriculture, and stronger non-oil industry growth due to the easing of Foreign Exchange (Forex) constraints. However, the apex bank has spent over $13billion in its continuous effort to ease the pressure in the forex market and stabilize the naira. The World Bank, in its Nigeria Economic Update, released recently noted that many fiscal challenges remain at different levels of government, and effort is needed to successfully address those challenges. According to the bank, the new Nigeria Bi-Annual Economic Update has a special focus on the analysis of fiscal performance of Nigerian states. Meanwhile, the MPC members thus reiterated its call on the apex bank to sustain its surveillance of banks activities for the purpose of prompt identification and mitigation of potential vulnerabilities. They also called on the banks to support the quest to move the nation’s economy forward by extending reasonably low priced credit to the private sector. The CBN governor, Mr. Godwin Emefiele in a statement said, tightening of the rates might result in the banks repricing their assets and loans, thus raising the cost of borrowing

and therefore heightening the already weak investment climate and non-performing loans. The communiqué signed by the CBN governor said, “with respect to loosening, the members said it believes that although while it would make it more attractive for Nigerians to acquire assets at cheaper prices, thus increasing their net wealth, and therefore stimulate spending as confidence rises, it nevertheless, felt constrained that loosening at this time would exacerbate inflationary pressures and worsen the exchange rate and inflationary conditions. It said, “The Committee also felt that loosening will further pull the real rate deeper into negative territory as the gap between the nominal interest rate and inflation widens. The Committee welcomed the steady implementation of the 2017 Budget, especially, the capital component of the budget, and urged increased momentum in expenditure directed at the growth stimulating sectors of the economy in order to reduce youth unemployment and restiveness. Regarding the tepid turnaround in economic activities in the second quarter of 2017, the Committee emphasized that the employment gains of recovery were still minimal, noting that a number of important job elastic subsectors were still weak and may require more fiscal support to regain traction. Continued on page 10

JAC Strike: UNILAG postpones 2017/2018 Merit registration exercise Esther Taiwo

ÏÏÏ The

Management of the University of Lagos has postponed the screening exercise of UTME candidates admitted on merit which commenced last Monday, following the disruption of normal academic and administrative activities by the ongoing strike by all non teaching staff under the aegis of Joint Action Council (JAC). But the screening exercise earlier scheduled for last Monday has been postponed till further notice. The Daily Times recalls that the industrial action by the non-academic staff in the Nigerian University System disrupted the ongoing screening of candidates offered admission for the

2017/2018 academic session. Members of JAC comprising the Senior Staff Association of Nigerian Universities (SSANU), Non Academic Staff Union (NASU) and National Association of Academic Technologists (NAAT) in federal and state universities began an indefinite strike to protest the sharing formula of N23billion released by the federal government for earned allowances to all categories of staff in the NUS. After the suspension of an indefinite strike by the Academic Staff Union of Universities (ASUU) and JAC in the universities early this year, the federal government released N23billion to 24 federal universities to pay the Earned

Academic Allowance (EAA) for 2009/2010. But the JAC last week kicked against the allocation of N18.3billion to ASUU and N4.6billion to SSANU, NAAT and NASU members out of N23billion released by the federal government for payment of EAA. In a joint letter dated November 27 and signed by President of SSANU, Samson Ugwoke, NAAT, Sani Suleiman and NASU, Chris Ani, urged members to resume the suspended indefinite strike as from midnight, Sunday, December 3. At the University of Lagos, members of the three unions after a joint congress, staged protest on campus and rejected the

allocation of N23, 220,335.15 million of N958, 000,000 million received by the institution. Immediately after the joint congress, the union leaders and members stormed the library, Senate building, Bursary and service area to chase out members found at work. Aside locking the main gate, the striking staff unions stormed the Multipurpose Hall and disrupted the ongoing screening of candidates admitted for the new academic year. The leaders of the unions told the candidates and their parents to go home that the screening would not continue because of the strike and chased out its members handling the admission screening.

As soon as the striking members of JAC stormed the hall, candidates and their parents scampered for safety while leaders of the unions forced each faculty admission to pack and leave the hall. At the service area which supplies water and light, the protesting SSANU, NAAT and NASU members switched off electricity supply and water to the entire campus. SSANU, NAAT and NASU UNILAG chairmen, Mr. Olugbenga Adenaya, Mr. Kehinde Ajibade and Suleiman Lawal, marched their members to the main gate, staged protest and condemned the sharing formula adopted by the federal government. Adenaya wondered why

the federal government allocated just N22 million of N958 million to the three non-academic unions in UNILAG and vowed that the strike would continue until the government addresses the skewed allocation. He disclosed that the strike is not against the university management or the academic staff but a fight against injustice and demanded for an explanation from government on how the N23billion sharing formula was arrived at. Meanwhile at the Lagos State University (LASU) Ojo, although the industrial action is ongoing, academic activities are not disrupted as students are currently receiving lectures in their various departments.

Daily Times Nigeria Tuesday, December 12, 2017

News

EFCC can’t prosecute serving judge except dismised by NJC –Appeal Court Peter Fowoyo

ÏÏÏ

Respite, on Monday came the way of a serving judge of the Federal High Court, Justice Hyeladzira Nganjiwa, as a Court of Appeal, Lagos Division, struck out criminal charges filed by the Economic and Financial Crimes Commission against him. The appellate court anchored its judgment on the principle of separation of powers between the three arms of government.

According to the court, in the above named case, the EFCC does not have powers to investigate or prosecute serving judicial officers except where such judicial officers have first been dismissed or retired by the NJC, adding that serving judicial officers can only be prosecuted for offences like murder, stealing etc if such offences are committed outside the discharge of their official duties; that once the offence is allegedly committed in the discharge

of their duties, they must first be tried by the NJC and dismissed or retired before the EFCC can investigate or prosecute them. Allowing the appeal against a decision of the Lagos High Court, Hon Justice Obaseki Adejumo JCA, who delivered the lead judgment for the Court of Appeal held that the condition precedent to filing of Charge No: LD/4769/2017 had not been fulfilled. He held that the NJC must first strip or re-

move the Appellant (judicial Officer) of his judicial standing before he could be charged with such alleged offence allegedly committed in the course of discharging his duties. The court therefore held that the High Court of Lagos State lacks the jurisdiction to hear and determine the charge against the serving judicial officer. The Court of Appeal accordingly set aside the ruling of the Lagos High Court and upheld the preliminary

L-R: Minister of Science and Technology, Ogbonnaya Onu; Director General/Chief Executive Officer, Federal Institute of Industrial Research, Oshodi (FIIRO),Prof.(Mrs) Gloria Elemo and D.G. Nigeria Institute of Science Laboratory Technology, Prof. Yemi Hezekiel Gbadegesin during South West Roadmap 2030 sensitization on Science, Technology and Innovation in Lagos... at the weekend. Photo: WALE AKINOLA

objection of the appellant in the court below. The charge against the appellant was dismissed. The EFCC had on June 23 arraigned Justice Nganjiwa for allegedly receiving a total of $260,000 and N8.65m gratification to enrich himself as a public official. The anti-graft agency claimed that the judge received the money through his bank account between 2013 and 2015. It also claimed that the judge could not explain the source of the funds, adding that he acted contrary to Section 82(a) of the Criminal Law of Lagos State, No. 11, 2011. Justice Nganjiwa was also accused of giving false information to operatives of the EFCC, which, the prosecution said, amounted to an offence under Section 39(2) of the EFCC (Establishment) Act, 2014. Justice Nganjiwa, had last month written to the Lagos Chief Judge, Justice Opeyemi Oke, that his case file be transferred to another judge. Announcing her withdrawal from the case, Justice Akintoye, directed that the case file be returned to the CJ, for reassignment to another judge. Justice Nganjiwa currently serving at the Bay-

elsa Division of the Federal High Court had earlier through his lawyer, Chief Robert Clarke SAN, petitioned the CJ seeking transfer of the case, alleging bias on the part of the trial judge. According to him, the counts contained in the charge filed by the EFCC against a Senior Advocate of Nigeria (SAN), Rickey Tarfa, who is also standing trial before Justice Akintoye, are similar to his own and as such fair trial is likely to be tainted. In the letter dated November 10, 2017, Clarke said, “the trial judge is presiding over the charge number LD/2544/16, FRN v Rickey Mustapha Tarfa and the counts, facts of the charge against my client are substantially similar to the counts/facts of the charge against Ricky Mustapha Tarfa. “In essence, my Lord, I am of the view that opinion formed by the learned trial judge as regards charge LD/2544/16 will invariably lead to same opinion in the information against my client. “My Lord, as it stands, fair trial in the eye of a reasonable man is likely to be tainted as there is likelihood of bias”, the accused judge pleaded.

Lawyers, CSO commend judgment absolving Aiteo boss over party donations Andrew Orolua, Abuja.

ÏÏÏ Lawyers in the country

have hailed the judgment of an Abuja High Court which declared that the Chairman of Aiteo Oil and Gas , Mr Benedict Peters did not violate the Electoral Act when he donated to political parties during 2015 general election even though the act will heavily impact on the 2019 general polls. The lawyers reactions came just as civil society groups under the aegis of the Coalition of Transparent Election Monitors (CTEM), also hailed the judgment as one that will further deepen the electoral jurisprudence in the

country. Justice Olukayode Adeniyi of Abuja High Court had dismissed the suit filed by Chief Akinmoju Jero who had joined a businessman, Mr Benedict Peters and Northern Belt Oil and Gas Company of Nigeria Limited as co-defendants to the suit. The plaintiff had alleged in the suit that Peters (the 1st defendant) paid a bribe of $115million to electoral officers to influence the outcome of the 2015 presidential election. Jero, who made the allegation in a sworn affidavit , also alleged that the eletoral officers who received the bribe have made confessional statements and have

also had all their bank accounts blocked. He also alleged that Peters donated $60million for the PDP campaign fund for the 2015 presidential election, claiming that the amount was above the recommended amount of N1million by the Electoral Act. But two lawyers: Peter Nwelum and Andrew Adams while speaking on the matter, said it is now clear that Peters committed no crime when he made the donations and hence ought not to have come under any form of prosecution . Nwelum further argued that it was necessary to put the development into proper perspective since the 2019 elections will be de-

fined by such practice. On his part, Adams while appauding the judgement, asked the EFCC and other anti-corruption agencies to steer clear of interfering with the electoral processes, adding that lawyers should be allowed to operate and have opinions on the issue. He said it is also important to remove the toga of a fugitive labelled on Peters . Also reacting to the judgment, the secretary general of CTEM, Mr Dele Aina, noted that while it is noteworthy that Peters has been cleared of the accusation against him, the EFCC should be dissuaded from further harassment of the Aiteo boss and begin to join

other stakehokders in enlisting a lasting democratic process in the country. Dismissing the case of Jero for lacking in merit, Justice Adeniyi held that , “The online publication relied upon by the plaintiff (Jero) is not admissible in law. The evidence is clearly unrelated to the allegation of bribery adduced in this case. “I have not seen any concrete or factual basis by the plaintiff to support the allegation made against the defendant (Peters) in this case. The plaintiff has failed to show to the court that the money was donated to influence the outcome of the 2015 Presidential elections. “The donation made to

any political party does not offend any provision of the Electoral Act. The plaintiff has failed to show that the defendants spent $115million to influence the outcome of the election.” The judge further held that Peters did not violate the Electoral Act as his donations were made to a political party and not to an individual . > Justice Adeniyi then said, “The defendants did not violate any law by way of his donation to political parties which is allowed in law. The purported allegation of bribery against the defendants is unfounded. The plaintiff ’s case lacks merit and it is hereby dismissed.”

Daily Times Nigeria Tuesday, December 12, 2017

News 10

Daily Times Nigeria Tuesday, December 12, 2017

‘Damaging campaigns cost S’West PDP chairmanship’ Why commercial banks suffer Continued from page 5 witnessed that the APC and their government are broken. They are running a broken government and so we need to rescue our nation from their hands and to rebuild our country,” he added. Secondus also thanked the National Caretaker Committee (NCC) for a transparent, free and fair convention, adding that the first task of the new National Working Committee (NWC) is to commence a post convention reconciliation of aggrieved party members and aspirants, adding that the NWC has already begun to reconcile while the Reconciliation Committee, led by Governor Seriake Dickson is also reaching out. He explained that his victory was a divine gift as God is the giver of power. “I am a product of the mercy and miracle of God. At every point in any nation, God chooses who leads. Power comes from God not from man. “By the special grace of God, elections have come and gone, the people have

spoken, I declare to you that there is no victor, no vanquished,” Secondus stated. He promised to rebuild and reposition the party and to recover its lost glory. He said that the executives shall hit the ground running so as to achieve these goals. “We are ready to take up this party, put it together and make sure that we are ready for elections in 2019.” He further said that he has ordered the gates to be thrown open so as to give room for those who left the party for one reason or the other to return. He stressed that the PDP is the only platform that does not belong to anybody or any group, a party where even the physically challenged vie and get elected into national and state executive. He also assured the youths that they will be given a special place, telling them that they are the foot soldiers of the party that will carry the message of the rejuvenated PDP down to the grassroots. He ordered that the national women and youth leaders must bring the women and youths together and get

them ready for 2019. Some of the strategies he marshalled out for effective administration include decongesting the powers of the National executives and giving more powers to the zonal and state executives. He maintained that power will be decentralised, while imposition and impunity will be stamped out of the party. The National Vice chairman, he said, will also to be empowered just like the local and state chapters, crises will be settled at the state and end at the zonal level. He buttressed that the party will eliminate and provide zero tolerance to corruption, before and after the primaries. According to him, the new executive has one agenda which is to win elections in 2019. Meanwhile, the APC National Leader, Asiwaju Bola Tinubu, has clarified the misrepresentation in the statement attributed to him by Imo State Governor Rochas Okorocha, saying he never underrated the importance of governors in the party’s nomination process.

He, however, explained that what he said in that encounter with journalists in Akure was “and still canvasses is that the APC should not mimic the PDP’s penchant for short-circuiting internal democracy by promoting the idea of an automatic ticket.” Governor Okorocha had said all the APC Governors had endorsed President Buhari for re-election, thus implying the governors had given the President an automatic ticket for 2019. Asked to respond to the issue after a meeting with Afenifere Leader, Pa Fasoranti in Akure, Tinubu said such was strange to the party and that President Buhari is a man who believes in due process. But Okorocha has interpreted that to mean a slight on the party’s governors. Speaking with journalists in the same Akure after he received an honorary doctorate degree at the Adekunle Ajasin University, Akungba-Akoko, Ondo State on Saturday, OKorocha said his own statement referred to the party’s governors and that Tinubu was crying more than the bereaved.

macroeconomic challenges Continued from page 6 Just recently, Moody’s Investors Service in its annual report, said that Nigeria’s economic fundamentals will strengthen the recovery, with real growth of 3.3 per cent in 2018 and 4.5 per cent in 2019. The rating agency, also, said that Nigeria’s (B2 stable) credit profile is constrained by the continued exposure of the sovereign balance sheet to shocks, weak institutions and elevated deficits. This new development, was contained in the rating agency Global Credit Research released yesterday that the Africa’s largest economy’s credit strengths include the large size of its economy and robust medium-term growth prospects supported, in particular, by its domestic demand. Moody, also, projected a general government budget deficit of 3.6 per cent of GDP in 2017, down from 4.7 per cent in 2016, in 2018, the deficit will decline only slightly, to 3.2 per cent of GDP, comprising a 2 per cent of GDP federal government budget deficit and around 1per cent

of GDP deficit at the state and municipality levels, as well as arrears that are likely to be split between the three levels of government. But the Minister of Finance, Mrs. Kemi Adeosun on Monday disclosed that she has signed warrant for the release of an additional N750billion to finance capital expenditure in the 2017 budget. This according to Adeosun while receiving a delegation of some French business people on a trade mission, has brought total amount of capital releases in the budget to N1.2 trillion as N450 billion had earlier been disbursed. The 2017 budget, which was signed into law on June 12 has a capital expenditure component of N2.2 trillion. She said Nigeria was on the path to economic recovery, which is not dependent on oil as “we have seen many opportunities opened up.” The Minister noted that 75 per cent of the country’s economy is agriculture and that the current federal administration was working on a range of reforms.

Politics

Daily Times Nigeria Tuesday, December 12, 2017

Buhari has not lived up to expectations–Uranta Over two years since the current administration promised to bring about change, would you agree that the government has brought the real changes? I think the present Nigerian administration is in love with the Trump administration in America, because I just see both administration working as twin brothers; pushing out lies as their basic policy and expecting that their words would bring about change, not their actions. We all can see. It is clear to the blind and obvious to the deaf that Nigeria is in a mess this bad since the end of the civil war. I say this with all recognition that most people are going to react from two angles; one being, he was Jonathan’s friend and two, corruption is fighting back. I will say for the second one that if Magu could come and arrest me, I will become rich because I would sue the whole nation because I have not benefitted corruptly from anybody, not even Jonathan or anybody that served in his government. While I may sympathise that Jonathan lost, I thank God because if he had not lost we wouldn’t have heard the last of it. Everybody would have been saying had Buhari got into power, Nigeria would have been an Eldorado. We all are seeing the Eldorado nonsense that Nigeria had descended into at this period. All I can say is that change; may be was truly in the mind of especially President Buhari, who I think still has principles he is noted for, even though I am not sure how nationalistic they are, but he is surrounded by a bunch of very corrupt, very inept and very confused gentlemen and ladies, both in this cabinet and his kitchen cabinet, let alone the people that have influence on him outside the government. This your position on the government, does it take into cognisance some of the positive indices that the government has recorded in recent times, like the aspect of ease of doing. The fight against Boko Haram, there is a level of success because the activities of the insurgents have been drastically reduced. Also, the introduction of the Treasury Single Account (TSA) has helped block leakages and cut wastages. Are you conscious of all these in your comments? First, each of the three things you mentioned are issues that were started by the previous administration. Of course, we have gotten certain successes during this administration’s tenure, but let’s take each of the three at a time. Ease of doing business has been brought about by their improving upon already laid down systems by the Obasanjo, Yar’ Adua and Jonathan administrations. Who would have been able to fight Boko Haram when nobody wanted to sell arms to us? The reason

The Executive Secretary, Nigerian National Summit Group (NNSG), Tony Uranta, is unhappy with the performance of President Muhammadu Buhariled All Progressives Congress (APC) government in the last two years in power. He recently spoke with some journalist in Lagos, PATRICK OKOHUE reports.

URANTA

why there is an increase in curbing Boko Haram surge was because the Jonathan government managed to bring in, through unorthodox ways, ammunitions and arms for the military to increase the fight. If a man was threatened that if he ever attacked Boko Haram it would be seen as an attack on the North during campaign year and to still manage to clear Boko Haram from all the local governments just up to before the 2015 election, I would give him a fantastic pass mark. If the people that told him thread easy, combine with the people that stood against him; that is, the then opposition, including Mr. President now and the then president of America, Obama, which made sure that none of its allies supplied us with weaponry. If those few weaponry we brought in through unorthodox means, of course, we understand that the formal NSA, Dasuki, is still undergoing trial for allegedly spearheading the subverting of the resources meant for that fight, but we found out that the present administration has not bought

new equipment and yet has prosecuted that fight more effectively because they have no opposition threatening them as to make sure that they do not prosecute it and because the former administration had provided such weaponry. I will not consider that extraordinary at all. I told former President Jonathan to bring in Gen Gusau (rtd) to head an homeland security because I believe a seasoned Northerner will better prosecute this action against Boko Haram, because he would not be accused of being an outsider. That was the accusation against Ihejirika and Minimah when they were Chiefs of Army Staff and when Jonathan finally brought Dasuki and America refused to sell us arms and all her allies also refused to sell us arms and Dasuki decided to be

more creative about bringing arms in, which he did at different levels for the Air Force, Navy and especially the Army and it is the material the Armed Forces have used up to June of this year to prosecute the war against Boko Haram. So, nobody can say he did not bring us weapon. If they had prosecuted the war less effectively I would have been surprised. Then the TSA was not invented by this administration, it was invented by the last administration which has been carrying it out gradually, which is the best way to have carried it out, but then this administration came in and said democracy has hampered in arresting people who are corrupt, forgetting that democracy is what got him into power and made him immune from certain prosecution. Now, he came in, wants to stop corruption and one of the ways is through TSA, but in Economics, we were told you cannot pull all the money out of circulation at once. That is why we have treasury bill and so on to create a gradual reduction in money

While I may sympathise that Jonathan lost, I thank God because if he had not lost we wouldn’t have heard the last of it. Everybody would have been saying had Buhari got into power, Nigeria would have been an Eldorado.

in circulation. Now that we put all the money in TSA, immediately you started getting warnings from Economists here in Nigeria and internationally that this is going to crash your economy you insisted and this led to the recession and what I call depression because by definition, when you have three quarters of recession, you have a depression. You and I know that we had much more than five quarters of recession and yet Nigeria refused that we had a depression because we could lie to the people. You know why so many of us have not got up to say that this government has not lived up to its promises of change, it is because we are embarrassed by the fact we stood for a government so radically - that he has not done what we expected the government to do. We are not saying Buhari has done nothing. No! I am saying he should stop over exaggerating concerning his gains and accept his loses, so as to better rationalise and improve. So he can tweak his governance and improve the system. There seems to be a collective decision by the South for restructuring and it seems the government is actually foot dragging on the issue, Do you see Nigeria getting restructured or do you think the proponents would have to wait till a later date to see a restructured Nigeria? On restructuring, I am one of the people who birth the restructuring idea. Remember, up till the time of PRONACO, there was an insistence that we must have a Sovereign National Conference. I and a few others decided that for us to keep insisting on SNC means we would not move forward, so, we started floating the idea and pushing for it through the Nigerian National Summit Group (NNSG), which I am the Executive Secretary that what we need is a national conference. Don’t give it an adjective. When we get there let us talk about what we have to do. It was clear when former President Jonathan submitted the report of the last National Conference to the National Assembly and handed it over to President Buhari that the nation had spoken as a nation and we now wanted it to be addressed by both the legislative and executive arms of government, which we have not had till today. The fundamental decision of that conference boils down to one word: restructuring. Unfortunately, I hear a lot of people being intentionally mischievous about what restructuring really means. And also, I have found out that we have let the debate about restructuring fall into the politics of Nigeria. Restructuring honestly means changing the economic face of Nigeria so that every Nigerian can have a better life. Because all we are saying is let everybody, every federating unit truly have control of its resources, pay something to the centre CONTINUED ON PAGE 12

Politics 12

Daily Times Nigeria Tuesday, December 12, 2017

CNPP, Udeogaranya congratulate PDP, Secondus on convention Stories by Patrick Okohue The Conference of Nigeria Political Parties (CNPP) and 2019 presidential aspirant and member of the All Progressives Congress (APC), Chief Charles Udeogaranya have congratulated the Peoples Democratic Party (PDP) over a successful convention and election of its national officers. The CNPP, which is the umbrella body of all registered political parties and political associations in Nigeria, described the emergence of Uche Secondus as a good omen for the opposition party.

According to a statement signed by the CNPP Secretary General, Chief Willy Ezugwu, the Convention was a victory for democracy. “Uche Secondus is a political warrior, an articulate politician raised from a turbulent political school. “He has been tested and proven to have the requisite experience to drive the party having been there for a while. “Beyond expectations, the Nigerian political landscape is expanding and democracy has been deepened. That is our joy. “We, therefore, congratute the Peoples Democratic Party

for the successes recorded at its elective Convention in Abuja on Saturday. “We urge other political parties to emulate the rancourfree convention held by the PDP as politics is not a do or die affair”, the CNPP noted. Also congratulating the PDP, Udeogaranya said “As a progressive democrat and in the good spirit of sportsmanship, I would like to congratulate the PDP for a successful convention that have positioned PDP for an easy defeat by my candidacy. “I urge my national chairman to urgently begin a process of wooing the South-West PDP

leaders and members who lost out at the PDP convention to our great party, the APC. We must not forget that election is and remains a game of numbers and everyone is important. “What now stands between me and 2019 presidential election victory, is clinching the APC presidential ticket and I have placed my faith and trust in God to grant me the grace necessary to achieve victory during the party’s presidential primary election, so that I can serve Nigeria, like no other president has ever done by eradicating hunger and turn Nigeria into a major producing nation of all wares in the world,” he said.

Aare Ona Kakanfo: Akeredolu writes Adams, says title testimony to his commitment to Yoruba nation The Ondo State governor, Chief Rotimi Akeredolu has described the choice of Dr Gani Adams as the 15th Aare Ona Kakanfo as testimony to his bravery and broad- minded commitment to Yoruba nationalism. In a congratulatory letter issued at the weekend, by the state’ s Commissioner for Information and Orientation, Mr Yemi Olowolabi, on behalf of “ government and people of Ondo State” to the Aare Ona Kakanfo designate, the Aare Ona Kakanfo title was described as “a rare honour bestowed on him by the great monarch, Alaafin of Oyo, Oba Lamidi Adeyemi” Gani Adams is an Indigene of Arigidi Akoko in Ondo state. The Ondo government’s mouthpiece said “ I write to convey to you the good wishes of the people and government of Ondo State over your recent appointment as the Aare Ona Kakanfo of Yoruba land. “This is a rare honour attesting to your bravery and broad minded commitment to Yoruba nationalism. “You have, in the last two decades, carved a niche for yourself as a courageous advocate of cultural renaissance and a front line

CONTINUED FROM PAGE 11

and develop itself along the line and manner it so decides is best for it. Nigeria is currently at a crossroad and the perception is that the Hausa-Fulani have ulterior agenda, but recently, we have been having a kind of partnership between the South and the middle belt, do you think this development can bring about any change in the polity? I think every union amongst everybody who is not feudalistic, who is not parochially centered

AKEREDOLU

defender of the interest of your people,” the letter read in part. It stated further that “having come this far in your career as cultural revivalist and a leader of the famous Oodua Peoples Congress, no one was surprised that you have been so honoured. “It is therefore, our fervent prayers that God will give you the wisdom to succeed in your huge historic task of fostering unity, upholding integrity and development of Oduduwa sons and daughters,” the letter concluded. Recall that the governor of Edo State, Godwin Obaseki,

ADAMS

had recently joined the list of prominent Nigerians that have sent goodwill messages to the recently proclaimed 15th Aare Ona Kakanfo of Yorubaland, Otunba Gani Adams. According to Obaseki, Adams deserves the appointment based on the sterling leadership qualities exhibited as the National Coordinator of the Oodua People’s Congress. He equally said Adams antecedents as an advocate of the Yoruba people and commitment to the promotion of the Yoruba cultural heritage through greater

cultural awareness among the people must have contributed immensely to his nomination to the most prestigious war title in Yorubaland. Obaseki said: “As the new Generalissimo of Yorubaland, I urge you to see your elevation as a call to higher service to humanity and in defense of the fundamental rights and unity of the Yoruba nation.” In a related development, His Royal Highness, Dr. Ado Ibrahim, the Atta of Ebiraland, also congratulated the Aare designate. Dr. Ibrahim confirmed his intention to attend the installation of Adams on January 13, 2018. Ibrahim, in a letter he personally signed, said: “I am highly delighted to know that by the will of Allah, the merciful and protector of all mankind, your dear people, the Yoruba people of grace and culture intend to install you on 13th January 2018 as the 15th Aare Ona Kakanfo of Yorubaland, as instrumented by His Imperial Majesty Oba Lamidi Adeyemi 111 (Iku Baba Yeye,Alase Ikeji Orisha).” Dr. Ibrahim promised to reach out to the Alaafin of Oyo, His Imperial Majesty, Oba Lamidi Adeyemi 111, about his intention to attend the occasion

Buhari has not lived up to expectations–Uranta on domination by one ethnic group in the national picture is a welcome development. If the Arewa youths had not threatened the Igbo, the Southern leaders Forum would not have been created and Southern unity would not have come into existence. In fact, the North shot itself in the foot and also in the mouth, as they would find out soon. I can tell you now and I would stand to be corrected by anybody, as a fact, that the

Federal Government invited the Southern Leaders Forum to attend a meeting with Arewa Consultative Forum - that the Vice President would chair and we told the Federal Government that we are not attending any meeting that does not recognise the middle belt zone as a people. The middle belt has declared very clearly North as one entity. No! The days of attempting to fool Nigerians that the North is one indissoluble block are over. It is good that the Southern

and middle belt leaders are now coming together, resolving difference and strengthening commonalities and this is going to create a new dynamics within the next three months at the most. Even the party called APC is not going to depend on any one man’s word to make any region vote enmass for any candidate. Each candidate will have to come to the people of each zone and convince them that he is their leader and should be given

APC will win 2019 election- SouthSouth leaders insist

ODIGIE-OYEGUN

South-South leaders have commended the courage and patriotism of the National Chairman of the All Progressives Congress (APC), Chief John Odigie-Oyegun, insisting the country’s ruling party will win the next general election. The leaders also came down hard on the suspended national deputy publicity secretary of APC, Mr. Timi Frank. The leaders said, “It is sad to note that rather than addressing the cogent issues raised by Oyegun, Timi Frank chose to attack the national chairman of the ruling party for his sincere views about the chances of APC in 2019 and the defection of former Vice President, Atiku Abubakar.” Chairman of South-South Front (SSF), Chief John Harry in a statement released in Asaba, berated Timi Frank for pushing the real issues aside and employing sentiments and blackmail to explain the defection of Atiku Abubakar to the Peoples Democratic Party (PDP). “The people of South-South are solidly behind Chief John OdigieOyegun. He has distinguished himself as an honest, competent and God fearing Nigerian.” The leaders expressed surprise at the ignorance of Timi Frank about the intricacies of running a political party in Nigeria. They praised the national chairman for his adherence to internal democracy. “Chief John Odigie-Oyegun deserves a pat on the back for saving the nation’s democracy from anti-democratic forces, steering the party in the right direction, adding value to APC by drawing upon all useful opinions and keeping up with the times as well as allowing the interests of members to guide his actions.”

a chance in 2019. As it is not likely that Nigeria gets restructured by this administration as being demanded, what would you say will be the position of the South in 2019, concerning whoever will be coming in as the president? Mark my word, restructuring is going to be the central issue around which Nigeria’s next president will be determined whether for or against. Restructuring is going to be the determinant factor to bring about the next president of Nigeria.

Daily Times Nigeria Tuesday, December 12, 2017

Page Thirteen

Editorial

PHOTO TIMES

Value of economic summits

hen the first Nigerian Economic Summit (NES) was held in Abuja in February 1993, little did the organisers know that economic summit will one day snowball into an idea that is widely accepted across the country. Today, families, corporate bodies, states and the federal government have embraced the idea and they regularly organise their economic summits. For state governments, the purpose of economic summits is usually to expose to local and foreign investors the investment opportunities that abound in their states, the enabling environment in place that would make investments thrive in the state and to invite such investors to invest there. Recently, the Niger State Government organised a two-day economic summit to market the state’s economic potential to investors. Tagged “Impact Investment for Advancing Agricultural Economy and Innovation,” the summit attracted economic experts, industrialists, manufacturers and some state governors across the country. It was organised to attract investors in various fields to boost the state’s economy. Judging from the interest shown by investors at the summit there is no doubt that the state is poised to become an agricultural giant among the states in the country. Niger State is certainly a state to watch in the area of accelerated agricultural development in the next few years, a situation which made Vice President, Prof. Yemi Osinbajo to declare that Niger State has the capacity to produce varieties of food crops that will feed African continent. Among other investors who showed interest in the state, the Dangote group is investing $450 million in the state to establish a large scale rice processing mill to process 200,000 metric tonnes of paddy rice and to establish a stateof-the-art fully integrated sugar refining industry in the state. The company 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: Former Governor of Cross River State, Sen. Liyel Imoke; former President Chief Olusegun Obasanjo and Cross River State Commissioner for Commerce and Industry, Mr. Peter Egba, during the inauguration of Skyrun Deep Freezer Refrigerator factory in Calabar, Cross River State… on Monday.

Support Special Anti-Robbery Squad (SARS) campaign group in Abuja… on Monday.

PHOTO: TEMITOPE BALOGUN.

L-R: Chairman, Ikoyi-Obalende LCDA, AtandaLawal Fuad Abimbola; Chief Executive Officer & Managing Director, Segun Ogunsanya and CSR Lead, Chioma Okolie, all of Airtel Nigeria, during the feeding of less privileged Nigerians during the ongoing Airtel Love Initiative at Obalende, Lagos… on Monday.

Words On Marble :

– Fidelis Anosike

Folio Group Group Managing Director Noel Anosike

will also establish a state-of-the-art fully integrated sugar industry involving the development of 30,000 hectares of sugarcane plantation and the production of about 500,000 metric tonnes of refined sugar. Another company is to establish a N1.6 billion shea butter factory in Mokwa Local Government Area of the state and would engage about 10,000 workers. To attract the investors the state had put in place various enabling environment measures that would make businesses thrive. Towards this end the state has laws and agencies that encourage private sector participation in the development of the state’s economy. Key among such agencies is its One Stop Investment Centre which the state government uses to put forward to would-be investors its investment potentials and priority areas of agriculture, solid minerals, tourism, transportation and energy. The example of Niger State’s success in wooing investors to the state so far is an eye opener and a pointer to the fact that where there is a will there is a way. It also shows that with a good vision and determined leadership every state in the country can successfully market its potential to investors and turn around the economic conditions of the state, the recession in the economy notwithstanding. Another example is Lagos State government which last year joined hands with Kebbi State to develop Kebbi’s rice fields. It was an instant success. The rice from that joint venture, among others, enabled the Lagos State government to bring down the price of rice in its markets. Going forward, state governments must know that they are in a healthy race for development of their economies. In doing so, they must learn that through healthy, positive competition, cooperation and learning from each other’s successes and failures, state governments can better develop their state’s economies and bring tremendous development to their people.

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Obafemi Awolowo

Dr Nnamdi Azikiwe

Nelson Mandela

“After rain comes sunshine; After darkness comes the glorious dawn. There is no sorrow without its alloy of joy; there is no joy without its admixture of sorrow.

There is plenty of room at the top because very few people care to travel beyond the average route. And so most of us seem satisfied to remain within the confines of mediocrity.

I learned that courage was not the absence of fear but the triumph over it. The brave man is not he who does not feel afraid, but he who conquers that fear.

Opinion

Daily Times Nigeria Tuesday, December 12, 2017

Wanted: A Ministry of Leisure, pleasure, enjoyment and happiness

Owei Lakemfa

he combustive human enthusiasm between the establishment of Spain’s Ministry of Sex and the Ministry of Happiness and Couple Fulfillment in Imo State, is only tempered by Saudi Arabia’s Committee for the Promotion of Virtue and Prevention of Vice. The Saudi contraption is a dampener monitoring whether women are properly dressed so as not to attract men; if men go to mosques for the regular prayers and whether bacherlors and spinsters are segregated. All these seek to negate the intention of the Spanish Ministry which is partly to ensure that citizens are so attracted that they can copulate freely and produce plenty babies for the future of their country. This is more so when there are migrants especially from Morocco all over the place copulating, procreating and populating. This is why marches like the braless ones, or those that want women to dress any how it pleases them without repercussion, are not uncommon. This is real freedom. I had wandered about the Spanish kindergarten, learning social studies and being taught about Ministries. Supposing the kid asks what is sex and why it deserves to be part of government structure? I suppose the kid will be told the truth; that sex is the physical activity between mummy and daddy or aunty and uncle. I suppose that will be catching them young. That surely will be better than the modernist culture of homosexuality and same-sex marriage. My favourite governor, Rochas Okorocha of Imo State has by

thinking out of the box and doing the uncommon, already put Nigeria on the world map of unique governance. But he needs to follow the logic of the Spaniards; you cannot have a Ministry of Happiness and Couple Fulfillment or its new nomenclature of ‘Purpose Fulfillment’ without factoring in the implied work of a Ministry of Sex. He needs to understand that generally, for happiness and fulfillment, you need to start with leisure which has given birth to the ‘Thank God it’s Friday’ Movement. Then leisure will be followed by pleasure which culminates in happiness. So properly speaking, it should be the Ministry of Leisure, Pleasure, Enjoyment and Happiness. One good move Rochas made was to appoint his beautiful sister as the Honourable Commissioner for Happiness. This is putting a round peg in a round hole; a beautiful lady that can inspire happiness hormones and trigger the process. The Spaniards should emulate Rochas by appointing the appropriate person to head any given Ministry. For instance, the Minister of the Sex Ministry should be a public housewife; an expert who knows about it both as pleasure, and a business. I have read a number of reactions to Rochas ingenuity; some so rude as to label him a ‘madman’ This is taking the freedom of expression and democratic license too far. Even if their false claim that Rochas needs see a doctor is correct, I can confidently argue that there is a method to the alleged ‘madness’ which means he is in full control of his faculties. He did not just wake up one morning to create the new Ministry. He had always thought about creating happiness in the face of want, deprivation and unpaid sala-

ries. So in August 2016, he reduced the weekly work days from five to three. It meant that workers in the state would go to work from Monday to Wednesday and start the weekend from Thursday; being off work four days weekly. That was real enjoyment. He extended the enjoyment to children by giving them pocket money. Some grumbled that he was teaching the children bad habits as they could claim any money found with them was part of the Rochas pocket money. Yet when he stopped, Imolites began campaigns that he was not sincere in the first place, saying that he is a leader of the ruling All Progressives Congress (APC) with the true acronym of the party being ‘All Promises Cancelled’ Then the great Rochas went spiritual deciding to build chapels in the 27 Local Governments in the state, and he was criticised for building houses for God instead of human beings. Can you see how the devil works? When he destroyed the Imo State Library and replaced it with a church, people were also angry. They preferred the acquisition of human knowledge to that of The Almighty. In his unique style, Rochas has carried out massive demolition of structures including an ancient market, a culture which angered many who would want him build rather than destroy. But Rochas forgives the people for they know not what they are doing or what he is doing. His Commissioner for Information, Tourism and Public Utilities, Chief Vitalis Orikezie Ajumbe belaboured himself explaining the Rochas Philosophy which is that: “destruction leads to development…if you don’t destroy, you won’t develop” In simple English; you must destroy in order to build.

When Rochas the Great, as part of a Nigerian delegation took a photograph with President Barack Obama, he turned it into a huge bill board in the state which the people can behold with pride, smile and be happy. He was attacked for such a noble gesture just as he was attacked for meditating at a meeting in Washington between President Mohammadu Buhari and World Bank President, Jim Yong Kim. The claim was that he slept through the meeting. Governor Rochas has since moved on to higher callings; where he travelled to visit Presidents, now he invites them and builds statues in their memory. South African President Jacob Zuma came, and saw, as did Liberian President Helen Sirleaf. At least when Imolites look at Zuma’s bust, they will know that their state is backed by the South African Rand and gold. The statues, Roachas explained, are to educate the people. Before the end of his tenure, we look forward to more of these visits and statues; at least sculptors in the country have a patron. Despite his best efforts, the Governor has not succeeded in putting Nigeria in the Guinness Book of Records as far as governance goes. But he can do that by creating the highest number of Ministries. The record 52 cabinet Ministers is held by President Mahinda Rajapaksa of Sri Lanka. To create a new record, he can create many more Ministries and there can be no shortage of names; Spain for instance has a Ministry of Equality and another Ministry of Territorial Policy. Governor Rochas holds a promise for Nigeria; when he declared: “by the time I leave office, my successor will be jobless” I believe him, and I think you should also.

Transparency is key to corruption-free infrastructure in Africa

T Chris Heathcote

he first Regional Roundtable on Infrastructure Governance was held in Cape Town at the beginning of November. Peter Eigen, founder of Transparency International (www. Transparency.org), who addressed the event, reflects on the vital importance of openness and transparency for successful and sustainable infrastructure projects. Corruption is nothing new and it’s certainly not unique to Africa. When I worked in the World Bank’s East Africa office back in 1991, it was not just common to see multinational companies in developed countries pay bribes to secure lucrative projects in Africa, Latin America and Asia, this behaviour was often encouraged by governments. In Germany, for example, a company found guilty of bribing a German official at home would face severe criminal sanctions. But a bribe to a foreign government was tax deductible as a business expense. It was disgust at this state of affairs that prompted me to found f Transparency International in 1993. In the nearly 25 years since then, the situation has improved significantly. Thanks partly to the activism of Transparency International and other civil society organisations (CSOs), many of those same countries that encouraged the paying of bribes and a number of those on the receiving end of such payments have signed international agreements committing themselves to

avoiding such practices. Quite a few have enacted legislation outlawing corruption and encouraging transparency. But as several examples cited at the Cape Town roundtable demonstrated, there’s still much room for improvement. Projects in certain sectors, especially extractive industries like oil and gas, and mining, are highly attractive to corrupt players because of the enormous sums of money involved. Transparency International has discovered that the most effective approach to tackling this scourge is a joint effort from government, the private sector and CSOs. We refer to this as the Magic Triangle and, from modest beginnings in a handful of countries, this has grown into the Extractive Industry Transparency Initiative which now has 54 countries participating. The key mechanism for avoiding corruption is as much transparency as possible, particularly with regards to the amounts paid to governments to take on these massive projects. In the initiative’s early days, some felt transparency alone was not enough. But it turned out that transparency enables a deliberative process involving all three elements of the Magic Triangle. This, in turn, creates the raw materials for good governance. Here, sunlight really is the best disinfectant. It means that when countries like Nigeria, Liberia, and Indonesia put these numbers into the public arena their parliaments knew just how much money the executive branch was collecting. Transparency International now

hopes to apply the same successful model to other industries. A few weeks ago, in Bali, the Fisheries Transparency Initiative was created. Similar initiatives are underway in the garment and construction sectors, the latter of which featured prominently in deliberations at the Cape Town conference. Of course, the Magic Triangle is not without its limitations, the most significant being that it requires the goodwill and active participation of all three elements: government, private sector and civil society. There are, alas, still many countries where CSO activists are viewed with suspicion or outright hostility, facing intimidation, imprisonment and even death. In other countries where CSOs face fewer restrictions, key government and private sector stakeholders may be more concerned with pandering to political or shareholder constituencies and their short-term interests than taking a longer-term view for meaningful participation in a Magic Triangle. On the positive side, many of the sentiments expressed at the roundtable indicate that these attitudes are changing. There was a focus on enhanced standardisation, with number of impressive tools showcased, aimed at assisting state, private sector and CSO actors in promoting the transparency necessary for good infrastructure governance. Good governance, in turn, helps countries attract quality investors who are knowledgeable, ethical and have financial depth. Trust plays a big role here. The private sec-

tor needs to trust that the bidding process is transparent and fair. Government and CSOs need to trust the bidder to deliver good quality, sustainable infrastructure. The role of data also came out strongly. Undoubtedly evidencebased data is essential for the transparency needed for the deliberative process at the heart of the Magic Triangle. Nevertheless, tools and data necessary, but not sufficient to guarantee transparency. Without the will to employ them with integrity, even the best tools and data can be manipulated by those bent on subverting the bidding process. What is needed now is political will. That does not fall from the heavens. A new paradigm of government is needed that must include a very strong voice of civil society. My hope is that the role of CSOs — which include the media, researchers and labour unions—in holding governments’ feet to the fire becomes stronger. Civil society’s vision of fairness, sustainability and transparency must feed consistently and strongly into the democratic process of nation states. This matters tremendously for infrastructure, which is the backbone of how we power our schools and hospitals, how we get to our jobs and voting stations, and whether we have healthy water to drink. Infrastructure that is lacking, poor quality, or overpriced due to corruption saps our very quality of life. Chris Heathcote is the CEO of The Global Infrastructure Hub

Daily Times Nigeria Tuesday, December 12, 2017

15 Foreign

Zuma’s corruption trial: South African Kenya opposition defers Odinga’s attorney defies ruling, extends deadline December 12 swearing in Bonny Amadi with agency reports

Respite continues to come the way of South African president, Jacob Zuma as the country’s public prosecutor has granted extension to January 31 2018, deadline for submission of defense argument. Agency report, said that South Africa’s National Prosecuting Authority (NPA) on Monday, extended to the end of next month, the deadline for President Jacob Zuma to submit arguments on why he should not be prosecuted for corruption. “They must submit their representation on the 31st of January,” said NPA spokesman Luvuyo Mfaku, referring to Zuma’s lawyers who requested an extension from the Nov. 30 deadline. The November 30 deadline

South Africa’s president Jacob Zuma

had been given by state prosecutor Shaun Abrahams, whose appointment was ruled ‘invalid and set aside’ by the High Court last week. Court argued that President Zuma could not appoint the National Director of Public Prosecutions since he was clearly conflicted, given the many criminal charges

against him that have not gone away. They must submit their representation on the 31st of January, the court had granted. According to the report, the South African president, said he would appeal the court’s ruling and the NPA’s spokesperson Mfaku confirmed that Abrahams would remain in office until the appeal is determined. The charges against Zuma relate to a 30 billion rand ($2 billion) government arms deal arranged in the late 1990s and have amplified calls for Zuma to step down before his term as president ends in 2019. It would be recalled that in October the Supreme Court of Appeal upheld an earlier decision by a lower court that the nearly 800 corruption charges filed against Zuma before he became president be reinstated.

Amidst growing tension in Kenya following the swearing in of the country’ newly re-elected president, Uhuru Kenyatta, the proposed swearing in by the opposition leader, Raila Odinga scheduled for December 12th has been shifted. Kenya’s main opposition coalition, the National Super Alliance (NASA) announced postponement of the swearing-in ceremony of its leader Raila Odinga as president of the country. According to agency report, a statement released on Sunday, 24 hours before the December 12, event said the latest decision had been reached “following extensive internal consultations and engagements with a wide range

Russia meets Egypt for nuclear plant deal, as Middle-East Following rising tension in Middle- East in the wake of United States recognition of Jerusalem of as new Israeli’s capital, Russia and Egypt are considering nuclear weapon plant in renewed relationship. According to the VOA, Russian President Vladimir Putin met Egypt’s President Abdel Fattah alSisi in Cairo on Monday for talks over a nuclear power plant and tensions in the Middle East following Washington’s decision to recognise Jerusalem as Israel’s capital. Putin’s visit to Cairo reflects the deepening ties between Russia and Egypt, the second largest recipient of U.S. military aid after Israel and a strategic U.S. partner in the Middle East because of its control of the Suez Canal. During the visit, Egypt and Russia signed an agreement to start work on Egypt’s Dabaa nuclear power plant. Russian state nuclear company Rosatom said the Dabaa nuclear station it will build in Egypt will have four reactors and cost up to $21 billion with construction expected to finish in 20282029. Moscow and Cairo, according to the report, signed an initial agreement in 2015 for Russia to build the plant, with Russia extending a loan to Egypt to cover the cost of construction. They were also to discuss the resumption of Russian flights to Egypt

as soon as possible, a presidential spokesman told MENA state news agency. Moscow halted civilian air traffic to Egypt in 2015 after militants bombed a Russian Metrojet flight leaving from the tourist resort of Sharm elSheikh, killing 224 people onboard. The high-level Russian visit comes after the U.S. government in August decided to deny Egypt $95.7 million in aid and to delay another $195 million because of its failure to make progress on human rights and democratic norms. Russia launched a military operation to support Syrian President Bashar al-Assad in September 2015, and there are signs Moscow is keen to further expand its military presence in the region. In November, Russia’s government published a draft agreement between Russia and Egypt allowing both countries to use each other’s air space and air bases for their military planes. Putin has been steadily building relations with Egypt. On his first visit to Cairo in 2015, he was the first leader of a major power to meet with Sisi after the former Egyptian army commander ousted Islamist President Mohamed Mursi in 2013. That prompted Washington to cool relations with Egypt, and the U.S. government suspended some military aid.

Russian President Vladimir Putin and Egypt’s President Abdel Fattah al-Sisi

Kenya’s opposition leader Raila Odinga

of national and international interlocutors.” According to NASA officials, the programme was earlier scheduled to start with the national anthem, followed by prayers, then announcement and adoption of the agenda. There will then be a ceremony to install “the people’s leader”, after which speeches shall be conducted. A ‘people’s assembly’ shall also be installed followed by speeches from representatives of counties. Raila Odinga and other NASA leaders are expected to head out after the event and hold rallies across the country. However, the US and other countries had earlier condemned the rising

tension in the country as a result of the proposed action by the opposition party. NASA said it was aware that the postponement will be a disappointment to Kenyans who were looking forward to the day. They added that a new date for the event will be announced in the coming days “We wish to assure them that our resolve has not changed. Specifically, we wish to reiterate that any national dialogue must have electoral justice on the agenda. We are not interested in sharing illegitimate dictatorial power,” a statement signed by Raila Odinga and three other leaders stated

Knocks for Tanzania’s president over release of child rapists Cross section of Tanzanians and the global community have condemned recent action by the country’s president relating release of rapists sentenced to life jail. Tanzanian president John Pombe Magufuli has remained under intense pressure to reverse pardon granted to persons convicted of raping school girls, among others. According to agency report, the Tanzanian president in his address at the country’s 56th independence anniversary, Magufuli announced a pardon of prisoners with the immediate release of 1,828 convicts while 6,329 others would have their sentences reduced. Notable among the beneficiaries was popular musician Nguza Viking a.k.a. Babu Seya and his son Johnson who had been jailed for life after being found guilty of defiling 10 primary school girls in 2004. The pardon was received with mixed reactions.

Tanzania’s President Magufuli

While some Tanzanians welcome the return of the popular Rumba musician, there are sections who have taken to social media to express their dismay at the pardon of convicted rapists. The pardon, the protesters argued reflects injustice and punishment to young children. According to a child rights activist who heads the Community for Children’s Rights located in the country’s north, the president’s action comes across as a

punishment to young children. Kate McAlpine is quoted by the BBC Africa LIVE page as saying she was horrified but unsurprised by Magufuli’s actions. She related the incident of last weekend to the president’s unyielding stance on pregnant school girls. Pregnant schoolgirls are pregnant because they are victims of violence. He has a blind spot when it comes to recognizing children as victims. “Pregnant schoolgirls

are pregnant because they are victims of violence. He has a blind spot when it comes to recognising children as victims. “There seems to be a punitive attitude towards young children,” McAlpine added. While addressing hundreds of people at the country’s 56th independence anniversary, Magufuli announced a pardon of prisoners with the immediate release of 1,828 convicts while 6,329 others would have their sentences reduced.

Daily Times Nigeria Tuesday, December 12, 2017

News 18

Daily Times Nigeria Tuesday, December12, 2017

Support for creative industry paying off – FG Professor Johnbull Tom Okpe, Abuja

ÏÏÏ The Minister of

Information and Culture, Alhaji Lai Mohammed, has said that the increased attention and support given the Creative Industry by the present administration has started yielding fruits which are practically visible. Speaking at the premiere of the movie, ‘Wedding Party 2’ in Lagos on Sunday, the Minister listed the pioneer status granted to the industry, the stepped-up anti-piracy campaign and the decision to seek stimulus capital for the industry from the Central Bank of Nigeria (CBN) as some of the positive results. In a press statement re-

leased in Abuja on Monday, signed by the Special Assistant to the Minister on Media, Segun Adeyemi, he recalled that shortly after the Creative Industry Financing Conference in Lagos earlier in the year, the Minister led a delegation of the film industry stakeholders to the Inspector General of Police, which resulted in the formation of anti-piracy units in all the 36 states of the federation. “The subsequent extensive piracy raids have now resulted in the confiscation of pirated films worth hundreds of millions Naira. In fact, criminal prosecutions of culprits have now started”, Alhaji Mohammed said. The Minister congratu-

lated Ms. M. O. Abudu and all those involved in the production of Wedding Party 2, saying: “With the blockbusters being churned out by Nigerian film producers, we can formally announce to the world that a true film industry has arrived in our Nollywood. “I am totally encouraged that Nigeria is indeed on track with all the capabilities to diversify our economy in order to create jobs and boost our Gross Domestic Product. It’s great to note that the Creative movie sector is taking the lead to achieve this”. Also at the opening of the musical ‘Fela and the Kalakuta Queens’ at Terra Kulture, in Lagos

on Sunday, Alhaji Lai Mohammed said that the vibrancy in the sector is largely due to the collaborative efforts of the Public and Private sectors, which the likes of Ms. Bolanle Austen Peters, founder of Terra Kulture, have leveraged with impressive results. The Minister congratulated Ms. Austen Peters, her management team and all the creative talent involved in the making. “Fela and the Kalakuta Queens production will no doubt take us to another level in our achievements and I want to assure you that this government is with the Creative sector all the way,” he said.

admonishes youths on get rich quick syndrome ÏÏÏViewers

of the didactic TV drama series, Professor Johnbull, sponsored by leading telecommunications company, Globacom, are billed for another interesting and instructive edition as a new episode of the series comes on air today (Tuesday) at 8.30. p.m. on NTA Network, NTA International on DSTV Channel 251 and NTA on StarTimes. As is characteristic of the show, which is in its fifth season, the new episode again draws the attention of society to another social malady which is at the base of so much indiscipline in the society; the tendency, especially by the youth, to make money by all means. Entitled, Get Rich Quick, the episode dramatises the various ways youths compromise societal discipline and values by throwing decency and decorum to the winds in their quest to acquire wealth. For instance, it points out that most emergency road repairers are actually the ones who dig up the holes on the roads and pretend to be filling them up in order to deceive commuters to give

them money. The lead character in the Series, Professor Johnbull, played by the Nollywood legend, Kanayo O. Kanayo (KOK), in summing up the negative effects of the syndrome, posits that how rich an individual is does not translate to how happy such a fellow will be, as riches and happiness are relative and independent of each other. While encouraging youths to pay more attention to whatever they are doing with a view to discovering the potentials in every vocation, KOK submits that “every business has the chance to grow”. He draws inferences from his gateman, Abadnego (Martins Nebo), who, in addition to his security job, adds petty trading in telecommunications recharge cards and also goes into selling other commodities to increase his income. Get Rich Quick is woven round the philanderer, Flash (Stephen Odimgbe), who in conjunction with Samson (Ogus Baba) and the perpetual student, Ilodibe Makachukwu, goes into gambling in order to make extra money.

Contempt: Businessman wants judge to hands off case Cross-section of youths on a peaceful protest against Special Anti-Robbery Squad #End SARS in Lagos…on Monday.

Farmers/Herders clash: Facilitators counsel journalists on balanced reports Kingsley Chukwuka, Jos

ÏÏÏ The incessant clashes between

farmers and herders has gained the attention of a non-governmental organisation, beseeching journalists to report more objectively both sides of the issue in order to stop escalating tension. Speaking at a two day workshop in Jos, the Plateau State capital, one among the facilitators, Ms Ema Miroslava Billings, said “newsmen should put the lens of a victim, meaning to put ourselves in the shoes of those being reported, as that is the only way journalists can report a balance story”. With the topic, ‘Do No Harm and Peace Journalism’, Billings admonished newsmen to dig up the issues that leads to every conflicts. “Do no harm is a fundamental el-

ement that relies on journalists reporting with integrity by reporting the truth. “Your reportage should heal wounds and not escalate them: inform the public on what led to the conflict and get all sides of the story. “This is very important because the society is exposed to the media, whether it is via newspapers, and social apps on smartphones or television. “The information people receive affects them: it can alter their perception of the world and give them a false sense of reality and news providers are held to ethical standards they must comply with. “There must be accuracy and truthfulness within the reports of which without honesty, news stories are no different from entertainment and it is the responsibility and duty of news stations and their journalists

to provide their audiences with authentic information as it is the right of the public to be correctly informed on the state of their surroundings. Ms Billings, who is a Senior Trainer at Search for Common Ground Nigeria, facilitators of the workshop, also said the lingering crisis between herders and farmers can be overcome if the media stops altering information which leads to lying. On his part, the Senior Programme Manager Nigeria, Search For Common Ground, Mr. Sani Suleiman, said the farmer/herder conflict is threatening the corporate existence of the country which is also hampering on the economic development, food security and destroying communal relationships, leading to serious security challenges in the country, hence the need to engage newsmen on reportage that will help douse the tension.

Peter Fowoyo

ÏÏÏA Lagos based busi-

nessman, Dr. Ambrose Bryant Chukwueloka Orjiako, on Monday, asked Justice Hadiza Rabiu-Shagari, to withdraw from the hearing of the suit between AOS Orwell Limited and his company, Shebah Exploration and Product Limited. Orjiako, also informed the court of his appeal against the bench warrant issued against him by the court, saying that until the appeal is heard and determined, the court ought to stay action in hearing of the present action. He also told the court that the record of appeal is on its way to the Appeal Court, adding that the police have been informed of the development. Making submission before Justice Rabiu-Shagari on Monday, Orjiakor’s lawyer, O. Opasanmi (SAN), said that proceeding with

the matter while the appeal is pending would amount to destroying the Res of his appeal. Orjiako’s lawyer stated: “I wish to inform the court the step taken between last hearing date till today. The step is for the court to stand down the proceedings, and focus on the winding up petition. “The record of appeal is on its way to Court of Appeal, and there is a pending application from the respondent to the court’s Chief Judge that the case be transferred to another court. “In the light of the development, I urge the court to freeze proceedings in relations to alleged contempt, and give the alleged contemnor to ventilate his right at Appeal Court. The court should deal with the winding up proceedings, while Appeal Court deal with the issue of contempt”.

Daily Times Nigeria Tuesday, December 12, 2017

News

‘Obaseki did not ask Italian authorities to deport Edos’ Italy.” ÏÏÏChairman, Edo Cul- in “It is not possible for the tural Association in Italy, Mr. Monday Uwagboe, has debunked rumours making the rounds that the Edo State Governor, Mr Godwin Obaseki requested the Italian Government to deport all Nigerians of Edo extraction, resident in the country. Uwagboe, who made the submission via a telephone call to a live programme on Independent Radio, a local radio station in Benin City, Edo State capital, on Monday, said that Governor Obaseki asked the ‘Italian government to absorb those already in their country and told those who wish to return home that structures are in place to cater for them.’ He made the clarification on the heels of rife propaganda by groups suspected to be human trafficking cartels, who are on a campaign to rubbish the State Government’s efforts to curb the trend of human trafficking and reintegrate citizens who are returning from slave camps in Libya. He said, “I was at the meeting where the governor spoke to members of the Italian parliament in Rome, and at no time during the speech, did he request for the deportation of indigenes of Edo State

Governor to have made such a request as he does not have the right to do so. Even the Speaker of the House of Representatives, Rt. Hon. Yakubu Dogara, who was with the governor and represented the President of the country at the event in Rome couldn’t have made such a request,” he added. Uwagboe asked those spreading the rumour that the governor requested that the Italian Government deport Edo people to show audio or video recording of the governor making the request, adding, “The event was recorded by those who attended. The governor was taken aback when he saw the statistics of those coming to Italy because those from Benin featured prominently. So, he told those already in Italy to find something to do, while advising those who are willing to return home to do so, as there are programmes to take care of them.” Recall that Governor Obaseki was in Rome, Italy, last month to attend an international conference on “Women empowerment and the fight against trafficking in persons. The Partnership between Nigeria and Italy.”

Premium Pension begins enhanced monthly payment to retirees Mathew Dadiya, Abuja

ÏÏÏIn line with the directive

of the National Pension Commission (PenCom), Premium Pension Limited (PPL), one of foremost Pension Fund Administrators (PFAs) in the country is set to commence the payment of enhanced monthly pension to its retiree with effect from December 2017. The Head of Corporate Communication, Paddy Ezeala, in a statement on Monday said that the essence of the upward review of the monthly pension was to ensure that it synchronizes with growth in pension funds and also respond to the yearnings of the retirees. PPL stated that the increase of the monthly pension of all retirees on Programmed Withdrawal was due to the income earned on investment of their pension asset being managed by the Company. The Acting Managing Director/Chief Executive Officer of PPL, Mr. Kabir Ahmed Tijjani, said that: “The upward review for the payment of monthly pension to retirees is a clear indication that Premium Pension fund rate has appreciated and become robust and more competitive in the pension industry.” The payment of enhanced

pension will apply to retirees with reasonable balances in their Retirement Savings Accounts (RSAs), which has earned significant income overtime. This is an indication that RSA holders are made to benefit from increased Return on Investment of pension funds. Expressing his delight on the positive development with regard to the upward review of the monthly pension, a retiree with the company, Abubakar Sheriff said that, this will further encourage the retirees to have faith in the new Contributory Pension Scheme (CPS) and also improve their welfare. He said, “I give Premium Pension far more than a pass mark on account of their efficient services being rendered to retirees and the prompt response to all our inquires.” Premium Pension Limited is one of the pioneer and leading PFAs in the country with regional offices and branches spread across the country. The company manages 738,736 Retirement Savings Accounts (RSAs) and 46, 941 retirees and has paid since inception retirement benefits to the tune of over N132billion while having pension Assets Under Management (AUM) in excess of N500billion as at November, 2017.

L-R: Chairman, Economics Objectives Section, Constitution Round Table (CRT), Mr. Ikemefuna Mbagwu; Founder/President, International Centre For Tax Research and Development (ICTRD), Mrs. Morenike Babington-Ashaye; Chairman of the occasion, Mr. Ayo Opadokun; representative of the Central Bank of Nigeria (CBN) Governor, Mrs. Hafsat Oyebode and former Chairman of the Institute of Chartered Accountants of Nigeria, Ikeja District, Mr. Okeowo Oderinde, during the CRT / ICTRD programmes in Lagos…on Monday.

2015 Kebbi guber poll: CJ reassigns suit seeking to remove Gov Bugudu Andrew Orolua,Abuja

ÏÏÏThe

Acting Chief Judge of the Federal High Court, Justice Abdul Kafarati, has re-assigned a 2015 preelection suit seeking to remove Governor Abubakar Bagudu of Kebbi State from office to Justice Ahmed Mohammed for an accelerated hearing. Initial objection to the suit which was filed before Justice Adeniyi Ademola (rtd) had gone to the apex court, which last month struck out preliminary objection and ordered the Chief Judge of the Federal High Court to re-assign it. The matter on Monday came up for hearing before Justice Ahmed Mohammed. In the originating summon, the Peoples Democratic Party (PDP), whose candidate scored the second highest number of votes in the April 11, 2015 governorship election, is seeking an order of the court to declare its candidate the authentic winner of the governorship election held in April 2015 on the ground that the incumbent governor who won the election was not qualified to have contested. The plaintiffs: Mr. Anthony Itanyi (1st plaintiff), Sahabi Sani Sami (2nd plaintiff) and Maj. Gen. Bello Sarkin Yaki

(rtd) (3rd plaintiff) who scored the second highest votes at the election had filed the pre-election suit claiming that Bagudu was not qualified to run the election because he had no requisite qualification. They also claimed that Bagudu made a false declaration in the INEC Form he submitted to the commission. Governor Bagudu had in his objection on appeal at the Supreme Court argued that the matter had become an academic exercise. But the apex court struck out the objection on the ground that there are life issues to be determined by trial court. The apex court also ordered an accelerated hearing of the matter. At the resumed hearing on Monday before Justice Mohammed, second plaintiff, Sahabi Sami, announced his withdrawal as one of the plaintiffs on the matter. According to Sami, he could not continue as a plaintiff in the matter as he could not get enough evidence against the first defendant (Bagudu). The judge, Justice Mohammed consequently struck out Sami name as one of the plaintiffs. The plaintiffs who filed the suit against Abubakar Bagudu, All Progressive Congress (APC) and Independent National

Electoral Commission (INEC) contended that Bagudu attempt then to participate in the governorship election was unlawful. The plaintiffs said that the Kebbi governor was not eligible to contest the April 11, 2015 election by reason of the alleged false information given in the affidavit of personal particulars submitted to INEC. The judge struck out the name of the 2nd plaintiff in the matter and adjourned the matter until Jan.11 for hearing. It would be recalled that the matter was first brought before Justice Adeniyi Ademola of the Federal High Court Abuja on Jan. 21, 2017. The matter suffered a setback when ruling All Progressives Congress (APC), Independent National Electoral Commission (INEC), and Bagudu, all filed a Preliminary Objections (POs), challenging the jurisdiction of the FHC on the matter. The matter was later taken to the Appeal Court where it upheld the ruling of Justice Ademola in dismissing the application challenging the jurisdiction of the Federal High Court. A Federal High Court sitting in Abuja has adjourned hearing until January 11, on the preelection matter against

the governor of Kebbi State, Abubakar Bagudu by the Peoples Democratic Party (PDP). The PDP, whose candidate came second in the April 11, 2015 election, is seeking to be declared the authentic winner of the gubernatorial poll on the ground that Bagudu was not qualified to run for the election, having been allegedly indicted. The defendants in the matter are Abubakar Bagudu, All Progressives Congress (APC) and Independent National Electoral Commission (INEC). The plaintiffs in the case are Mr. Anthony Itanyi (1st plaintiff), Sahabi Sani Sami (2nd plaintiff) and Maj. Gen. Bello Sarkin Yaki Rtd (3rd plaintiff) who scored the second highest votes. The 1st and 2nd plaintiff had filed through their counsel, Mr. Tochukwu Maduka, alleging that the declaration of the Governor in INEC Form is false. They are challenging the unlawful participation of Bagudu during the Kebbi State gubernatorial election on April 11, 2015. The plaintiffs said that the Kebbi governor was not eligible to contest the April 11, 2015 election by reason of the alleged false information given in the affidavit of personal particulars submitted to INEC.

Daily Times Nigeria Tuesday, December 12, 2017

LOSS OF DOCUMENTS

Landed property with 3 bedroom flat at Road 1A Plot A99 Omologede Estate, Miran, Ijaiye Local Government, Lagos State said to be owned by MR OLASUNKANMI A, ANTHONY, original document got lost and presented affidavit and Police report, MR SAHEED AHMED MAKANJUOLA has interest to buy and pay money for the property.The public to be aware of this transaction. Please contact: Lawyer M. ADELE SANNI on 08033068150 or 07086634504. solicitor to the buyer. HAND OF GLORY BIBLE CHURCH INT’L THE GENERAL PUBLIC IS HEREBY NOTIFIED THAT THE ABOVE NAMED CHURCH HAS APPLIED TO THE CORPORATE AFFAIRS COMMISSION FOR REGISTRATION UNDER PART C OF THE COMPANIES AND ALLIED MATTERS ACT NO.1 OF 1990. THE TRUSTEES ARE 1. Kakandar Awodi (CHAIRMAN) 2. Ebisinde Jane Kakandar (Vice Chairman) 3. Ayedi Ozano (Secretary) 4. Chinedu Stanley (Member) 5. Micheal .O. Kakandar Aims and objectives: To embark on evangelical missions, prophetic meetings/programmes within and outside Nigeria: teaching and preaching the gospel with the aim of winning souls for the lord Jesus Christ and preparing men and women for his second coming. SIGNED: Secretary ANUKAM PROMISE IKECHUKWU

I formerly known and addressed as IZUCHUKWU EMMANUEL IKECHUKWU, now wish to be known and address as ANUKAM PROMISE IKECHUKWU. All former documents remain valid. General public take note. TONY BLESSING CHINENYE

The general public is hereby notified that the above named has applied to the corporate affairs commission for registration under part C of the companies and allied matters Act 1990. TRUSTEES ARE: 1,APOSTLE UHUNOMA AUGUSTINE.(CHAIRMAN) 2,AIGBOEGHIAN EHI BLESSING (SECRETARY) 3,OVBIEKO FLORENCE. 4,PASTOR JOHNSON NOSAKHARE ASEMOTA. AIMS AND OBJECTIVES To preach the Gospel of jesus christ. Any objection to the Registration should be forwarded to the Registrar- General, corporate affairs commission, plot 420 Tigirs crescent, off Aguyi ironsi street, Maitama, Abuja within 28 days of this publication.

FLORENCE DAN-ARCHIBONG FOUNDATION

The General public is hereby notified that the above named foundation has applied to the Corporate Affairs Commission Abuja for Registration under Part “C” of the Company and Allied Matters Act, 1990. THE TRUSTEES ARE: Mrs. Florence Dan-Archibong Mrs. Rita Okokon Mr. Samuel Usoro Mrs. Hilda Solomon Barr. (Mrs.) Bassey–Ewa Olusegun Barr. Danielle Dan-Archibong Mrs. Catherine Sanni Mr. Ime Etukudo AIMS AND OBJECTIVES: To promote the care, well being and development of children in need. To provide counseling, educational and vocational training for children in need. To educate young teenagers on sexual reproductive health. Any objection to the registration should be forwarded to the Registrar General, Corporate Affairs Commission, plot 420 Tigris Crescent Maitama FCT, Abuja within Twenty Eight (28) days of this publication. Signed: Mrs. Florence Dan-Archibong

Signed by Chairman. OSARETIN JOSEPH

xxxx

OSAMUDIAMEN PATIENCE OMONO

MARY PETER OBINDU

I formerly known called and addressed as OSARETIN IHASUYI M. Now wish to be known called and addressed as OSARETIN JOSEPH. General public and authority concern please take note.

That OWAKHINA PATIENCE OMONO, and in my BVN written as OSAMUDIAMEN PATIENCE OMONO ,and my voters card is written as OSAMUDIAMEN PATIENCE OMONO. That documents bearing OWAKHINA PATIENCE OMONO should be change to OSAMUDIAMEN PATIENCE OMONO. General public and authority concern please take note.

I formerly known, called and addressed as MARY lBRAHIM, now wish to be known, called and address as MARY PETER OBINDU. All former documents bearing my name still remain valid. General public to please take note.

MRS. OBIEFULE AMARACHI MARYANN (NEE MGBUDOM)

SHONPELEVIKO AUGUSTINE SIMON

BANABAS CHINONSO DELAW

I, formerly known and addressed as AUGUSTINE SIMON SANDA, now wish to be known and addressed as SHONPELEVIKO AUGUSTINE SIMON. All former documents remain valid. First Bank and general public please take note.

I, formerly known and addressed as UBANA CHINONSO, now wish to be known and addressed as BANABAS CHINONSO DELAW. All former documents remain valid. Diamond Bank and general public please take note.

I, formerly known and addressed as MISS MGBUDOM AMARACHI MARYANN, now wish to be known and addressed MRS. OBIEFULE AMARACHI MARYANN (NEE MGBUDOM). All former documents remain valid. General public please take note.

OBIOHA JERRYFRANK UGONNA

I, formerly known and addressed as OBIOHA JERRYFRANK, now wish to be known and addressed as OBIOHA JERRYFRANK UGONNA. All former documents remain valid. Eco Bank Plc and general public please take note. AGWULONU CHRISTIANA NKEM I FORMERLY KNOWN AND ADDRESSED AS AGWULONU NKEM CHRISTIANA, NOW WISH TO BE KNOWN AND ADDRESSED AS AGWULONU CHRISTIANA NKEM. ALL FORMER DOCUMENTS REMAIN VALID. GENERAL PUBLIC PLEASE TAKE NOTE.

TCHEHOUNKPA VINOU LEON

MISS BAKARE ABIDEMI CLARA

I formerly known and addressed as ANORUO OSINACHI UGOCHUKWU, now wish to be known and address as ANORUO OSINACHI. All former documents remain valid. General public take note.

I, formerly known and addressed as ORIOHA STEPHEN ONYEKACHUKWU, now wish to be known and address as MR JOHN STEPHEN ONYEKACHI. All former documents remain valid. General public take note.

Formerly known and addressed as Sossa Vinou Sunday now wish to be known and addressed as Tchehounkpa Vinou Leon All former documents remain valid. General public take note.

I formerly known and addressed as MISS ABIDEMI CLARA AKEEM, now wish to be known and addressed as MISS BAKARE ABIDEMI CLARA. All former documents remain valid. The general public take note.

I formerly known and addressed as MISS. RISIKATU LAMINA, now wish to be known and addressed as MRS. BAKARE RISIKATU ANIKE. All former documents remain valid. First Bank Plc, and the general public take note.

OYEFESO CHINONYE FAVOUR

SAULA WASIU GBOLAHAN

IGWE JACINTHA AMAKA

UGWU CHINONSO VALENTINE

MRS NWOKEANOCHIRI CORDELIA ODINAKA

BRIGHT CHISOM OLORUNFEMI

ADELABU TOLUWAPEMI TAIWO

I, formerly known and addressed as MORGAN TOLUWAPEMI TAIWO, now wish to be known and addressed as ADELABU TOLUWAPEMI TAIWO. All former documents remain valid. General public take note. MRS AZODO CHIOMA BENEDITA

I, formerly known and addressed as ABUU-SUFYAAN IMAAM SULAYMAAN, now wish to be known and addressed as IMAAM ADEWALE SULAYMAAN. All former documents remain valid. General public take note.

I, formerly known and addressed as MISS UMEDI CHIOMA BENEDITA, now wish to be known and addressed as MRS AZODO CHIOMA BENEDITA. All former documents remain valid. General public should please take note.

VICTOR FRANK C. ELUEMUNOH

MRS CHINEDU – OKOLI CHIZOBA VIVIAN

I formerly known and addressed as NWALI CHINONYE FAVOUR now wish to b known and addressed as OYEFESO CHINONYE FAVOUR, all former document remains valid,general public take note

Formerly Sanbe Wasiu Omogbolahan and Saula Wasiu Gbolahan now to be addressed as Saula Wasiu Gbolahan. Correct date of birth is 7th July 1983. General public should take note.

Formerly Collins Chiamaka now to be addressed as Igwe Jacintha Amaka. Former documents remains valid. General public should take note.

JOSEPH DAVID

CONFIRMATION OF NAME

LAURETTA AKEBOR

I formerly known called and addressed as JOSEPH OKWO,now wish to be known called and addressed as JOSEPH DAVID. All former documents remain valid general public and Authorities Concerned should please take note.

This is to certify and confirm that ISIAKU WAIDI AKANBI and ISIKA WAIDI, refers as one and the same person, now wish to be known and addressed as ISIAKU WAIDI AKANBI. All former documents remain valid general public and Authorities Concerned should please take note

I formerly known called and addressed as Lauretta Odia,now wish to be known called and addressed as LAURETTA AKEBOR. General public should please take note

EZEH CECILIA OKWUDILI

NGWU KATE NNEAMAKA

MRS UBA CHINENYE JENNIFER

I, formerly known and addressed as EZEH CECILIA CHIDERA., now wish to be known and addressed as EZEH CECILIA OKWUDILI. All former documents remain valid. First Bank and General public should please take note.

I, formerly known and addressed as NWANKWOAGU KATE NNEAMAKA, now wish to be known and addressed as NGWU KATE NNEAMAKA. All former documents remain valid. Banks and General public should please take note

I, formerly known and addressed as MISS CHIOKE CHINENYE JENNIFER, now wish to be known and addressed as MRS UBA CHINENYE JENNIFER. All former documents remain valid. General public should please take note.

MRS ANI NGOZI LOVETH

MRS ALOR NGOZIKA JANE

I, formerly known and addressed as OZOUGWU EZINNE FANNY, now wish to be known and addressed as OZOUGWU EZINNE ADAOZO. All former documents remain valid. General public should please take note.

I, formerly known and addressed as MISS ASOGWA NGOZIKA JANE, now wish to be known and addressed as MRS ALOR NGOZIKA JANE. All former documents remain valid. General public should please take note.

NKWUDA OPHOKE EMMANUEL

OZOUDE BENITA OLUOMA

MRS ONAH VIVIAN CHINWENDU

I, formerly known and addressed as OHOKE NKWUDA UNOKA, now wish to be known and addressed as NKWUDA OPHOKE EMMANUEL. All former documents remain valid. BANKS and General public should please take note.

I, formerly known and addressed as OZOUDE CYNTHIA BENITA, now wish to be known and addressed as OZOUDE BENITA OLUOMA. All former documents remain valid. Banks and General public should please take note.

JOHN AUSTIN

Formerly UGWU JOHNSON CHINONSO now UGWU CHINONSO VALENTINE. Former documents remains valid. General public should take note.

IVAN-WHYTE EAGLE LAWSON

OZOUGWU EZINNE ADAOZO

I, formerly known and addressed as MISS EZENWAGU CHIZOBA VIVIAN, now wish to be known and addressed as MRS CHINEDU – OKOLI CHIZOBA VIVIAN. All former documents remain valid. General public should please take note.

MRS. BAKARE RISIKATU ANIKE

I formerly known called and addressed as Ivan-Whyte Ugochukwu Nwaiwu,now wish to be known called and addressed as IVAN-WHYTE EAGLE LAWSON. All former documents remain valid general public and Authorities Concerned should please take note.

I, formerly known and addressed as MISS OGBODO NGOZI LOVETH, now wish to be known and addressed as MRS ANI NGOZI LOVETH. All former documents remain valid. General public should please take note.

I, formerly known and addressed as FRANK C. ELUEMS, now wish to be known and addressed as VICTOR FRANK C. ELUEMUNOH. All former documents remain valid. BANKS and General public should please take note.

I, formerly known and addressed as JOHN AUSTINE NWANJA, now wish to be known and addressed as JOHN AUSTIN. All former documents remain valid. General public should please take note.

x GOSHEN LAND OF FRUITFULNESS MIRACLES MINISTRY

MR JOHN STEPHEN ONYEKACHI

I formerly known and addressed as MISS UNEGBU CORDELIA ODINAKA now wish to be known and addressed as MRS NWOKEANOCHIRI CORDELIA ODINAKA, all former document remains valid ,general public take note

IMAAM ADEWALE SULAYMAAN

(Trustees)

ANORUO OSINACHI

I formerly known and addressed as ONYEAGORO BLESSING now wish to be known and addressed as TONY BLESSING CHINENYE, all former document remains valid,general public take note

I, formerly known and addressed as BRIGHT CHISOM UKAOBASI AZURUNWA, now wish to be known and addressed as BRIGHT CHISOM OLORUNFEMI. All former documents remain valid. General public take note.

Companies Registration 21

I, formerly known and addressed as MISS IWUANORUE VIVIAN CHINWENDU, now wish to be known and addressed as MRS ONAH VIVIAN CHINWENDU. All former documents remain valid. Banks and General public should please take note.

OKOH THANKGOD JEKWU I, formerly known and addressed as OKOH THANKGOD CHUKWUJEKWU now wish to be known and addressed as OKOH THANKGOD JEKWU. All former documents remain valid. Banks and General public should please take note.

AJIBO CHUKWUKA GABRIEL. I, formerly known and addressed as EZEMA OKECHUKWU FESTUS and EZEMA OKAFOR FESTUS , now wish to be known and addressed as AJIBO CHUKWUKA GABRIEL. My correct date of birth 17th April 1956 All former documents remain valid. BANKS and General public should please take note

MRS ABUMISI THERESA NNENNA

I, formerly known and addressed as MISS OKOLI THERESA NNENNA, now wish to be known and addressed as MRS ABUMISI THERESA NNENNA. All former documents remain valid. General public should please take note. MRS UZOAGU CHINYERE LINDA

I, formerly known and addressed as MISS NDU CHINYERE LINDA now wish to be known and addressed as MRS UZOAGU CHINYERE LINDA. All former documents remain valid. General public should please take note.

22 Change of Names MRS UZOR ANGELA CHINAKA

CHUKWUMA THERESA NWAMU

I, formerly known and addressed as MISS OBI ANGELA CHINAKA, now wish to be known and addressed as MRS UZOR ANGELA CHINAKA. All former documents remain valid. General public should please take note.

I, formerly known and addressed as IWELU THERESA NWAMU, now wish to be known and addressed as CHUKWUMA THERESA NWAMU. All former documents remain valid. ECO Bank and General public should please take note.

IGWE CHRISTIAN SUNDAY

ADONU JOHNMARY IFEANYICHUKWU

Daily Times Nigeria Tuesday, December 12, 2017

AGU SAMUEL EMEKA

I, formerly known and addressed as AGU EMEKA UGWU, now wish to be known and addressed as AGU SAMUEL EMEKA. All former documents remain valid. General public should please take note. EJIKE EDWIN CHIKEZIE

I formerly known and addressed as EZENWANKWO SUNDAY CHRISTIAN now wish to be known and addressed as IGWE CHRISTIAN SUNDAY, All former documents remain valid banks and general public take note.

I formerly known and addressed as ADONU JOHNBOSCO IFEANYI now wish to be known and addressed as ADONU JOHNMARY IFEANYICHUKWU, All former documents remain valid banks and general public take note.

I formerly known and addressed as EJIKE EDWIN ONNAGA now wish to be known and addressed as EJIKE EDWIN CHIKEZIE, All former documents remain valid banks and general public take note.

CONFIRMATION OF NAME

This is to confirm and certify that OBIJIAKU CHIAMAKA MARYJANE AND OBIJIAKU CHIAMAKA PHILOMINA, now wish to be known and addressed as OBIJIAKU CHIAMAKA PHILOMINA, All former documents remain valid banks and general public take note.

This is to confirm and certify that ONYEMEME FRIDAY IFEANYI AND ONYEMEME FRIDAY.O. refers to be same and one person, now wish to be known and addressed as ONYEMEME FRIDAYOKORIE, my correct date of birth is 6TH DAY OF MARCH 1977,All former documents remain valid banks and general public take note.

MRS BABATUNDE OLUFUNKE ADEOTI FORMERLY KNOWN AND ADDRESSED AS MISS ADEYEMI OLUFUNKE ADEOTI NOW WISH TO BE KNOWN AND ADDRESSED AS MRS BABATUNDE OLUFUNKE ADEOTI, ALL FORMER DOCUMENTS REMAIN VALID,GENERAL PUBLIC NOTE

MRS AKANO DEBORAH OLUWATOBI

ADEJOKE OJOAWO

UKWU FRIDAY STEPHEN

ODUNUKWE CHIGOZIE CHIJIOKE l formerly known and addressed as ODUNUKWE CHIGOZIE now wish to be known and addressed as ODUNUKWE CHIGOZIE CHIJIOKE, All former documents remain valid banks and general public take note. CONFIRMATION OF NAME This is to confirm and certify that EJIDIKE ADAORA PROMISE, ODINAKA-MKPARU AND PROMISE ADAORA refers to be same and one person now wish to be known and addressed as ODINAKA - MKPARU PROMISE ADAORA, All former documents remain valid banks and general public take note.

IKEGWU CHISOM MICHAEL I formerly known and addressed as IKEGWU CHINEDU SUNSHINE now wish to be known and addressed as IKEGWU CHISOM MICHAEL, All former documents remain valid banks and general public take note. CONFIRMATION OF NAME This is to confirm and certify that NZEJIFOR VICTORIA IFEYINWA,NNAEBUE VICTORIA IFEYINWA AND NNAEBUE VERONICA IFEYINWA is one and same person, now wish to be known and addressed as NNAEBUE VICTORIA IFEYINWA, All former documents remain valid banks and general public take note.

SUNDAY OKECHUKWU INNOCENT I formerly known and addressed as OKECHUKWU N.SUNDAY now wish to be known and addressed as SUNDAY OKECHUKWU INNOCENT, All former documents remain valid banks and general public take note. CONFIRMATION OF NAME This is to confirm and certify that my correct name is OGBONEKE OFORKA and not OGBONAEKE OFORKA as wrongly written in my one of documents. All former documents remain valid banks and general public take note. MRS OTUKOYA MISTURA OLAIDE

OLUWAKEMI PRISCILLA BABAL0LA

MRS FAGBENRO OLAIDE NGOSI

FORMERLY KNOWN AND ADDRESSED AS OLUWADETAN OLUWAKEMI BABALOLA NOW WISH TO BE KNOWN AND ADDRESSED AS OLUWAKEMI PRISCILLA BABAL0LA, ALL FORMER DOCUMENTS REMAIN VALID,GENERAL PUBLIC NOTE

FORMERLY KNOWN AND ADDRESSED AS MISS ADEMEFUN OLAIDE NGOSI NOW NOW WISH TO BE KNOWN AND ADDRESSED AS MRS FAGBENRO OLAIDE NGOSI, ALL FORMER DOCUMENTS REMAIN VALID,GENERAL PUBLIC NOTE MISS MUSA ROFIAT OYINDAMOLA

FORMERLY KNOWN AND ADDRESSED AS MISS MUSA ROFIAT AYOMIDE NOW WISH TO BE KNOWN AND ADDRESSED AS MISS MUSA ROFIAT OYINDAMOLA ,ALL FORMER DOCUMENTS REMAIN VALID,GENERAL PUBLIC NOTE

OGUNLADE-JOHNSON ENITAN KEHINDE I, formerly known and addressed as OGUNLADE ENITAN KEHINDE JOHNSON now wish to be known and addressed as OGUNLADE-JOHNSON ENITAN KEHINDE .all former documents remain valid, general public should please note. ENUJIUGHA NKIRU JONAVINE GENNY

FORMERLY KNOWN AND ADDRESSED AS MISS OLORUNTOLA MISTURA OLAIDE NOW WISH TO BE KNOWN AND ADDRESSED AS MRS OTUKOYA MISTURA OLAIDE, ALL FORMER DOCUMENTS REMAIN VALID,GENERAL PUBLIC NOTE

FORMERLY KNOWN AND ADDRESSED AS ADEJOKE WELSON NOW WISH TO BE KNOWN AND ADDRESSED AS ADEJOKE OJOAWO, ALL FORMER DOCUMENTS REMAN VALID,GENERAL PUBLIC NOTE

FORMERLY KNOWN AND AND ADDRESSED AS UKWU AMUCHE NOW WISH TO BE KNOWN AND ADDRESSED AS UKWU FRIDAY STEPHEN, ALL FORMER DOCUMENTS REMAIN VALID,GENERAL PUBLIC NOTE

MRS MATHEW ADEDOJA ABIODUN FORMERLY KNOWN AND ADDRESSED AS MISS OLUGBODI ADEDOJA ABIODUN NOW WISH TO BE KNOWN AND ADDRESSED AS MRS MATHEW ADEDOJA ABIODUN, ALL FORMER DOCUMENTS REMAIN VALID,GENERAL PUBLIC NOTE.

TOLULOPE OLUWOLE KOMOLAFE

OMOTOSHO DAMILOLA JOSHUA

AKINWOLERE MARY OLAYINKA

I, formerly known and addressed as OJUKWU OBIAGELI CHINYELU now wish to be known and addressed as NNABUIFE CHINYELU OBIAGELI. all former documents remain valid, general public should please note.

EKPUK STANLEY FRIDAY I formerly known and addressed as FRIDAY STANLEY now I wish to be known and addressed as EKPUK STANLEY FRIDAY .All former documents remain valid. General public to please take note.

I formerly known and addressed as TOLULOPE OLUFUNKE OLUWOLE now I wish to be known and addressed as TOLULOPE OLUWOLE KOMOLAFE .All former documents remain valid. General public to please take note.

I formerly known and addressed as DAMILOLA OMOBOLA OMOTOSHO now I wish to be known and addressed as OMOTOSHO DAMILOLA JOSHUA . I was born on 10/12/1988.All former documents remain valid. General public to please take note.

I formerly known and addressed as OLUKOLO MARY OLAYINKA now I wish to be known and addressed as AKINWOLERE MARY OLAYINKA .All former documents remain valid. General public to please take note.

AHAMEFULE CHIGOZIE LUCKY

OLALEYE TEMITOPE SERAH

OYEWUMI BILQEES OLUWADAMILOLA

ADU JOY DEBORAH I formerly known and addressed as BANKOLE AYISAT JOY now I wish to be known and addressed as ADU JOY DEBORAH .All former documents remain valid. General public to please take note.

I formerly known and addressed as EGOCHI IFEANYI-ONALU now I wish to be known and addressed as EGO SUCCESS ABRAHAM .All former documents remain valid. General public to please take note.

XXXXXX I formerly known and addressed as PETER JOSIAH IREPITA now I wish to be known and addressed as PETER JOSIAH .All former documents remain valid. General public to please take note.

OKOLO IFEYINWA SHEILA I formerly known and addressed as IMAGIE IFEYINWA SHEILA now I wish to be known and addressed as OKOLO IFEYINWA SHEILA .All former documents remain valid. General public to please take note.

CORRECTION OF NAME

APOSTLE ADETUNJI ADESANYA

In some of my documents my name was wrongly written as PETER NNENNA instead of PETER NNENNA GLORIA now I wish to be known and addressed as PETER NNENNA GLORIA .All former documents remain valid. General public to please take note.

Formerly known as OLATUNJI SEFIU ADESANYA on BVN is APOSTLE ADETUNJI ADESANYA - Bank documents wish to be known and addressed as APOSTLE ADETUNJI ADESANYA. All former documents remain valid, general public please take note.

FORMERLY KNOW AND ADDRESSED AS MISS ADIO OLUWATOBI GBEMISOLA NOW WISH TO BE KNOWN AND ADDRESSED AS MRS AKANO DEBORAH OLUWATOBI, ALL FORMER DOCUMENTS REMAIN VALID,GENERAL PUBLIC NOTE. NNABUIFE CHINYELU OBIAGELI

I formerly known and addressed as EVINUS LUCKY now I wish to be known and addressed as AHAMEFULE CHIGOZIE LUCKY .All former documents remain valid. General public to please take note. MRS CHINWEMA JOY OGUNLEYE

I formerly known and addressed as ILORI KUBURAT TOPE now I wish to be known and addressed as OLALEYE TEMITOPE SERAH .All former documents remain valid. General public to please take note.

I formerly known and addressed as SONOU BENEDICTA OLUWADAMILOLA now I wish to be known and addressed as OYEWUMI BILQEES OLUWADAMILOLA .All former documents remain valid. General public to please take note.

KINGSELY AKANO

MRS ACHIME BLESSING ISIOMA

I formerly known and addressed as MISS CHINWEMA JOY OKORO now I wish to be known and addressed as MRS CHINWEMA JOY OGUNLEYE . This is due to change in marital status.All former documents remain valid. General public to please take note.

I formerly known and addressed as UKADIKE KINGSELY now I wish to be known and addressed as KINGSELY AKANO .All former documents remain valid. General public to please take note.

I formerly known and addressed as MISS INYERE BLESSING ISIOMA now I wish to be known and addressed as MRS ACHIME BLESSING ISIOMA .All former documents remain valid. General public to please take note.

ONOJA PATIENCE CHINWENDU

AKANNI KEMI STELLA

IKEYINA DAMSEL PRECIOUS

I formerly known as NWAEZE CHINWENDU wish to be known and addressed as ONOJA PATIENCE CHINWENDU. All former documents remain valid, general public please take note.

I formerly known as Arowojolu Chidinma Stella wish to be known and addressed as AKANNI KEMI STELLA. All former documents remain valid, general public please take note.

I formerly known as John Precious Uwem wish to be known and addressed as Ikeyina Damsel Precious. All former documents remain valid, general public please take note.

PRINCE ALO

ENAGBARE NKECHI EUCHARIA

MRS.OKHIOYA CHINYERE GOODNESS

I FORMERLY KNOWN AND ADDRESSED AS PRINCE CHIBUEZE, NOW WISH TO BE KNOWN AND ADDRESSED AS PRINCE ALO. ALL FORMER DOCUMENTS REMAIN VALID. GENERAL PUBLIC TAKE NOTE. JONES ADESUMBO OMOTUNDE. I formerly known and addressed as OKOYE IBITOLA OMOWUNMI , now wish to be known and addressed as JONES ADESUMBO OMOTUNDE. Wrong Date of Birth is 9th September,1969. My Correct Date of Birth is 4t April, 1979. All former document remain valid. General public should please take note.

I formerly known and addressed as OLUSHOLA NKECHI EUCHARIA now wish to be known and addressed as ENAGBARE NKECHI EUCHARIA. All former document remain valid . General public should please take note.

I formerly known and addressed as MISS .OBIAJUNWA CHINYERE GOODNESS , now wish to be known and addressed as MRS.OKHIOYA CHINYERE GOODNESS. All former document remain valid. General public shoud please take note.

OGUNREMI KUDIRAT

MRS .JULIANA AKAKPUNWA OKOCHA

I formerly known and addrressed as AREMU KUDIRAT , now wish to be known and addressed as OGUNREMI KUDIRAT. Wrong Date of Birth is I993 SEPTEMBER Ist, My Correct Date of Birth is I995 SEPTEMBER Ist. All former document remain valid. General public should please take note.

I formerly known and addressed as GRACE ZINTA WUYAU YAKUBU, now wish to be known and addressed as GRACE ZINTA WUYAU. All former document remain valid. General public should please take note.

RE-ARRANGEMENT OF NAME

I formerly known as Olujide Yekini Olajide wish to be known and addressed as Yekini Olajide Olujide. All former documents remain valid, general public please take note. CORRECTION OF NAME

EGO SUCCESS ABRAHAM

ANWARA NNENNA CECILIA I formerly known as CECILIA IBEH wish to be known and addressed as ANWARA NNENNA CECILIA. All former documents remain valid, general public please take note.

MUHAMMED MAINDA

My name was wrongly written as Lateef Quoyum Omolaja.. My Correct name is Abdulateef Quoyum Adelaja. All former document remain valid. General public should please take note.

I formerly known and addressed as ABUBUGAH MAINDA now wish to be known and addressed as MUHAMMED MAINDA. All former document remain valid. General public should please take note.

OLALEYE OLADOYIN OLUSEUN I formerly known and addressed as OLALEYE OLADOYIN OLATORERA , now wish to be known and addressed as OLALEYE OLADOYIN OLUSEUN. All former document remain valid. General public should please take note.

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

UBI HENRY ETTAH

I formerly known and addressed as ENUJIUGHA NKIRU GENEVIEVE now I wish to be known and addressed as ENUJIUGHA NKIRU JONAVINE GENNY .All former documents remain valid. General public to please take note.

MRS LAWANI IBIYEMI OLAWUNMI I FORMERLY KNOWN AND ADDRESSED AS Miss OYEKUNLE Ibiyemi Olawunmi, NOW WISH TO BE KNOWN AND ADDRESSED AS Mrs LAWANI Ibiyemi Olawunmi. ALL FORMER DOCUMENTS REMAIN VALID. GENERAL PUBLIC TAKE NOTE. ADEJARE LAMIDI AREMU I formerly known and addressed as ADEJARE HAMED ADEKUNLE , now wish to be known and addressed as ADEJARE LAMIDI AREMU. All former document remain valid. General public should please take note. CHUKWUEMEKA DAVID I, formerly known and addressed as, CHUKWUEMEKA WOJIEWHOR NLERUM, now wish to be known and addressed as, CHUKWUEMEKA DAVID. All former documents remain valid. General public should take note.

Daily Times Nigeria Tuesday, December 12, 2017

Companies Registration 23 (Trustees)

CHANGE OF NAME

ADAH UYO JOY AND ADAH EJUOJO JOY REFERS TO ONE AND THE SAME PERSON AND NOW WISH TO BE KNOWN AND ADDRESS AS ADAH EJUOJO JOY. ALL FORMER DOCUMENTS BEARING ANY OF MY NAMES REMAINS VALID, ALL AUTHORITIES CONCERN AND THE GENERAL PUBLIC SHOULD PLEASE TAKE NOTE.

I FORMERLY KNOWN AND ADDRESSED AS MISS OLUWAFUNKE MAUREEN WEKE NOW WISH TO BE KNOWN AND ADDRESS AS MRS OLUWAFUNKE MAUREEN ADEOYE. ALL FORMER DOCUMENTS REMAINS VALID, ALL AUTHORITIES CONCERN AND THE GENERAL PUBLIC SHOULD PLEASE TAKE NOTE.

CHANGE OF NAME

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

I, formerly known and addressed as OYEWOLE ADEREMI ABRAHAM now wish to be known and addressed as OYEWOLE ADEREMI KAYODE.Correct date of birth 07-03-1980 not 10-09-1981.All former documents remain valid. General public take note.

PUBLIC NOTICE

A WELL-ESTABLISHED ELECTRICAL TRADING COMPANY LOCATED IN BENIN CITY ( WITHIN AKPAKPAVA ROAD REGION) URGENTLY WANT THE SERVICE OF EXPERIENCED MALE AND FEMALE STATIONED DESK MARKETERS WITH CERTIFICATION IN MARKETING,EXPERIECED COMPANY RELATION ADMINISTRATION WITH CERTIFICATION IN BUSINESS ADMINISTRATION AS ACCOUNTANTS WITH CERTIFICATION IN ACCOUNTING AND ANAN E.T.C METHOD OF APPLICATION INTERESTED APPLICANTS SHOULD APPLY IN PERSON WITH THE FOLLOWING QUALIFICATION; BSC OR HND IN MARKETING OF A REPUTABLE RECOGNIZED INSTITUTION AND BSC OR HND IN ACCOUNTING OF A REPUTABLE RECOGNIZED INSTITUTION AND OTHER QUALIFICATION CERTIFICATE AND SUBMIT THEIR RESPECTIVE C.V’S INCLUDING HANDWRITTEN APPLICATION WITH THE POSITION DESIRED TO C. N. EZIHI &CO. AT NO. 5,EGUADASE STREET,(2ND FLOOR), OFF AKPAKPAVA ROAD BY ZENITH BANK PLC ,BENIN CITY ,EDO STATE. ON OR BEFORE 21ST DAY OF DECEMBER, 2017 OR IN ALTERNATIVE YOU CAN FORWARD YOUR C.V’S AND SCANNED HANDWRITTEN APPLICATION LETTER WITH A COLOURED PASSPORT PHOTOGRAPH TO WISEONEWISE@YAHOO. COM. FOR FURTHER ENQUIRIES CALL:08123899314 OR 081-46939111.

GLORIOUS PROOF FLAMING MINISTRY INT’L 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 ACT 1999 THE TRUSTEES ARE:1. PASTOR GABRIEL IREGBENU 2. MR. TONY OWEE UBAH 3. ELDER RAYMOND EZEH 4. MRS. AMAKA JECINTA CHUKWUMA AIM AND OBJECTIVE 1. TO PREACH THE GOSPEL OF JESUS CHRIST

PUBLIC ACCOUNTABILITY AND CIVIC ENGAGEMENT INITIATIVE 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 ACT 1999 TRUSTEES: 1 CHAMBERS UMEZULIKE- CHAIRMAN 2 AUSTIN EKWUJURU- SECRETARY 3 CHIMEZIE HYGINUS ANOZIETREASURER AIMS& OBJECTIVES: 1 TO UNDERTAKE ADVOCACY AND ACTION FOCUSED ON POVERTY ERADICATION. 2 TO ENHANCE CITIZENS’ ACCESS TO INFORMATION HELD BY PUBLIC INSTITUTIONS. ANY OBJECTION TO THIS APPLICATION SHOULD BE FORWARDED TO REGISTER GENERAL, CORPORATE AFFAIRS COMMISSION, PLOT 420 TIGRIS CRESCENT, OFF AGUYI IRONSI STREET MAITAMA ABUJA WITHIN 28 DAY OF THIS NOTICE

THE VICTORY CHAPEL KOGI STATE COLLEGE OF EDUCATION ANKPA THIS IS TO INFORM THE GENERAL PUBLIC THAT THE ABOVE NAMED HAS APPLIED FOR CHANGE OF TRUSTEES TO CORPORATE AFFAIRS COMMISSION UNDER PART C OF THE COMPANY AND ALLIED MATTERS ACT NO 1 OF 1990. THE OLD TRUSTEES ARE: 1. AROME SAMSON AGADA - RETAINED 2. OMANANYI EMMANUEL OMONOGU - RETAINED 3. DANIEL PIUS BALA - RETAINED 4. ABALAKA IDUH MOSES - RETAINED 5. TSEBAM BONYI ISAIAH - RETAINED 6. SCHEMA DAVID SANNI - RETAINED 7. ATABO SAMSON YENUSA - REMOVED 8. MUSA SUNDAY AKU ATUMEYI - REMOVED 9. OPARA BENEDICT NWACHUKWU - RETAINED 10. OKPANACHI GABRIEL OCHALA - RETAINED NEW TRUSTEES ARE 1. EJIGBO MOSES ACHENEJE 2. ALI MAJI AIM AND OBJECTIVES REMAINS THE SAME ANY OBJECTION TO THIS APPLICATION SHOULD BE FORWARDED TO REGISTER GENERAL, CORPORATE AFFAIRS COMMISSION, PLOT 420 TIGRIS CRESCENT, OFF AGUYI IRONSI STREET MAITAMA ABUJA WITHIN 28 DAY OF THIS NOTICE

SIGNED: SECRETARY.

SIGNED: SECRETARY

EMOHUA PETROLEUM TANKER DRIVERS ASSOCIATION

PSYCHIATRIC & CRIMINAL VAGRANTS RESCUE INITIATIVE

THE GENERAL PUBLIC IS HEREBY NOTIFIED THAT THE ABOVE NAMED HAS APPLIED TO THE CORPORATE AFFAIRS COMMISSION FOR REGISTRATION UNDER PART “C” OF THE COMPANIES AND ALLIED MATTERS ACT 1990. TRUSTEES ARE: 1. WILLIAMS ISAIAH ASURU. ......................PRESIDENT. 2. ONYEKWERE ISA ................................ SECRETARY. 3. IGBUDU THANKGOD EMEKA. 4. AJURU ERNEST. 5. WOMURU SALIM AHMED. 6. ASURU USMAN CHIBUZOR. 7. ELECHI GOODLUCK. 8. KENNETH CHIZAM EMESIOBI. 9. WOMURU BEN. 10. IGWE JEREMIAH CHINEMEZU. AIMS AND OBJECTIVES ARE: 1.TO FOSTER PEACE AND UNITY AMONG MEMBERS 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: SECRETARY.

THE WELLBEING FOUNDATION

THE GENERAL PUBLIC IS HEREBY NOTIFIED THAT THE ABOVE NAMED HAS APPLIED TO THE CORPORATE AFFAIRS COMMISSION FOR REGISTRATION UNDER PART “C” OF THE COMPANIES AND ALLIED MATTERS ACT 1990. TRUSTEES ARE: 1. DR. PAULINA SAAD MABAYOJE. 2. DR. GERALD OWEI DARIAH. AIMS AND OBJECTIVES ARE: 1.TO TREATS, REHABILITATE AND MAKE PSYCHIATRIC VAGRANTS PRODUCTIVE CITIZENS. 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: TRUSTEE

ASSOCIATION OF PATRIOTS FOR PEACE UNITY AND PROSPERITY IN NIGERIA

THIS IS TO INFORM THE GENERAL PUBLIC THAT THE ABOVE NAMED HAS APPLIED FOR AMENDMENT OF CONSTITUTION TO CORPORATE AFFAIRS COMMISSION UNDER PART C OF THE COMPANY AND ALLIED MATTERS ACT NO 1 OF 1990.

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 AMENDED PARAGRAPH 10.2 SHALL NOW READ THUS: THE TRUSTEES ( HEREINAFTER ) SHALL BE AT LEAST TWO (2) AND NOT MORE THAN TEN (10) IN NUMBER AND SHALL BE KNOWN AS THE INCORPORATED TRUSTEES OF THE WELLBEING FOUNDATION

THE TRUSTEES ARE: 1. ISEGHOHI AKEMU THOMAS - CHAIRMAN 2. BUBA MOHAMMED CHAKALA - SECRETARY

THE AIMS AND OBJECTIVES REMAINS THE SAME

AIM AND OBJECTIVE: 1. TO PROMOTE PEACE AND UNITY IN THE SOCIETY

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.

ANY OBJECTION TO THIS APPLICATION SHOULD BE FORWARDED TO REGISTER GENERAL, CORPORATE AFFAIRS COMMISSION, PLOT 420 TIGRIS CRESCENT, OFF AGUYI IRONSI STREET MAITAMA ABUJA WITHIN 28 DAY OF THIS NOTICE

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

SIGNED:- SECRETARY

SIGNED: AUSTEN PETERS & CO.

SIGNED: SECRETARY

EMPOWER ME MISSION INTERNATIONAL

HEALTH PROMOTION EDUCATION AND COMMUNITY DEVELOPMENT INITIATIVE

CHURCH OF GOD IN CHRIST INTERNATIONAL CONFERENCE THIS IS TO INFORM THE GENERAL PUBLIC THAT THE ABOVE NAMED HAS APPLIED FOR REGISTRATION TO CORPORATE AFFAIRS COMMISSION UNDER PART C OF THE COMPANIES AND ALLIED MATTERS ACT NO. 1 OF 1990 TRUSTEES ARE: 1. BISHOP DR. FRIDAY UGURU OKWEY- CHAIRMAN 2. BISHOP JOHN HARRY UMOH- SECRETARY 3. BISHOP JAPHET OLUDARE BALOGUN 4. PASTOR STEPHEN TOLUWASE AMORA 5. BARRISTER VICTOR CHINEDU OKPARA 6. ELDER CHARLES SUNDAY JOHN 7. REV. SUPT. EWEGBEMI MICHAEL ADENIRAN 8. MOTHER NWANNE EGBUTA 9. EVANGELIST EKOPIMO AMOS SAM 10. ELDER AKACHUKWU OKEREKE AGBAI. AIMS AND OBJECTIVE: TO PROPAGATE THE WORD OF GOD ANY OBJECTION TO THIS REGISTRATION SHOULD BE FORWARDED TO THE REGISTRARGENERAL. CORPORATE AFFAIRS COMMISSION, 420, TIGRIS CRESCENT, OFF AGUYI IRONSI STREET. PMB 198, MATIAMA, ABUJA WITHIN 28 DAYS FROM THE DATE OF PUBLICATION.

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 ACT 1999 TRUSTEES 1. PASTOR INNOCENT JOSEPH - CHAIRMAN 2. PASTOR MRS LAINANCE EKANEM - SECRETARY 3. MR CYRIL JOSEPH EKANEM AIM AND OBJECTIVE 1. TO PREACH THE WORD OF GOD AND DELIVER THOSE UNDER SATANIC BONDAGE ANY OBJECTION TO THIS APPLICATION SHOULD BE FORWARDED TO REGISTER GENERAL, CORPORATE AFFAIRS COMMISSION, PLOT 420 TIGRIS CRESCENT, OFF AGUYI IRONSI STREET MAITAMA ABUJA WITHIN 28 DAY OF THIS NOTICE

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 ACT 1999 TRUSTEES (1) MRS CHARITY AIENOBE ASEKHAREN (2) MR CLEMENT OZIMENDE ASEKHAREN. (3) MRS MOJISOLA OLUWASANU. (4) BARRISTER EDNA EGHOSA RAY-EBOIGBE: (5) MRS BETTY ANYANWU-AKEREDOLU: (6) MRS MANSURATU UWA EDIAE: MEMBER (7) DR VICTOR OHENHEN. AIMS AND OBJECTIVES 1. TO PROACTIVELY PROMOTE THE TOTAL HEALTH AND WELLBEING OF THE YOUTH POPULATION IN AFRICA SO AS TO PROMOTE SUSTAINABLE GROWTH AND DEVELOPMENT THROUGH THE UTILIZATION OF EVOLVING HEALTH PROMOTION STRATEGIES 2.TO ENGENDER WIDESPREAD ADVOCACY FOR HEALTHY LIVING AND PREVENTION OF NON COMMUNICABLE DISEASES (NCDS) THROUGH THE UTILIZATION OF EVOLVING HEALTH PROMOTION STRATEGIES SO AS TO FOSTER SUSTAINABLE DEVELOPMENT 3. TO ENCOURAGE YOUTH PARTICIPATION AND THE FORMATION OF GROUPS/CONSORTIUMS FOR THE PROMOTION OF HEALTHY LIVING AND SUSTAINABLE PREVENTION OF NON COMMUNICABLE DISEASES 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: SECRETARY

SIGNED: BARR OGECHUKWU OKONKWO.

SIGNED:-SECRETARY

LOSS OF DOCUMENT

DELIVERANCE AND RECONCILIATION POWER MISSION

INITIATIVE FOR COMMUNITY ACTION AGAINST DRUGS

THIS IS TO INFORM THE GENERAL PUBLIC THAT BABATUNDE FAKOYA ESQ OF PLOT 419, OBAFEMI AWOLOWO WAY, ABUJA WHILE ON TRANSIT WITHIN ABUJA DISCOVERED THE LOSS OF THE FOLLOWING DOCUMENTS: 1. REVENUE COLLECTORS RECEIPT OF N102,000 FOR ABUJA GEOGRAPHIC INFORMATION SYSTEM (AGIS) WITH FILE NUMBER KD 11186, ZENITH BANK TELLER NUMBER FFZB180517241, PAYMENT ID NO. 441418 PAID ON 18/5/2017 2. CERTIFICATE OF INCORPORATION IN RESPECT OF WAJUL CATERING SERVICES LIMITED WITH RC 852604 3. IRREVOCABLE POWER OF ATTORNEY BETWEEN ASMAU ABDULRAHMAN HUSSAINI AND MOHAMMED KHECHEN IN RESPECT OF PLOT NO. 1056 AT CADASTRAL ZONE C02, GWARIMPA ZONE 1 ABUJA WITH REG. FILE NO. KD 11186 AND 4. ACKNOWLEDGE RECEIPTS FOR RECERTIFICATION CERTIFICATE, REGULARISATION OF CERTIFICATE. ALL EFFORTS MADE TO TRACED THE MISSING DOCUMENTS PROOF ABORTIVE. IF FOUND PLEASE RETURNED TO THE NEAREST POLICE STATION . ALL AUTHORITY CONCERNED AND GENERAL PUBLIC TAKE NOTE

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.

THIS IS TO INFORM THE GENERAL PUBLIC THAT THE ABOVE NAMED HAS APPLIED FOR REGISTRATION TO CORPORATE AFFAIRS COMMISSION UNDER PART C OF THE COMPANIES AND ALLIED MATTERS ACT NO. 1 OF 1990.

TRUSTEES ARE 1. JOHN I. UMORU 2. ELIJAH KINGSLEY WILLIE 3. BENEDICT BAMAIYI BALOGUN 4. OLADEJO NURUDEEN BAMIDELE

TRUSTEES: 1. ASHIR NASTURAH SHARIFF 2. MUZZAMMIL YAHAYA 3. BALARABE RUFAI.

AIM AND OBJECTIVE: TO PREACH THE GOSPEL OF OUR LORD JESUS CHRIST

AIM AND OBJECTIVE: TO PROTECT THE COMMUNITY AGAINST FAKE DRUGS

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 THIS REGISTRATION SHOULD BE FORWARDED TO THE REGISTRAR-GENERAL. CORPORATE AFFAIRS COMMISSION, 420, TIGRIS CRESCENT, OFF AGUYI IRONSI STREET. PMB 198, MATIAMA, ABUJA WITHIN 28 DAYS FROM THE DATE OF PUBLICATION.

SIGNED: BARR. VERONICA ONOJA

SIGNED: SECRETARY

Public Notice 24 AJAH HANNAH PAMELA ONYINYE.

Formerly known and addressed as ALONGE PAMELA ONYINYE. now wish to be known and addressed as AJAH HANNAH PAMELA ONYINYE. All former documents remain valid. General public take note.

BAMIDELE KAYODE OLUWAFEMI.

Formerly known and addressed as KAYODE OLURUNFEMI, now wish to be known and addressed as BAMIDELE KAYODE OLUWAFEMI. All former documents remain valid. General public take note.

SEUN DAMILOLA OLUGBOYE

ONIYIDE YETUNDE TEMITAYO

. Formerly known and addressed as SEUN DAMILOLA JAYEOBA, now wish to be known and addressed as SEUN DAMILOLA OLUGBOYE. All former documents remain valid. General public take note.

Daily Times Nigeria Tuesday, December 12, 2017

AKOREDE TAWA OLUWASEUN.

MUSTAPHA ARINOLA ORIYOMI

Formerly known and addressed as AKOREDE OLUWASEUN, now wish to be known and addressed as AKOREDE TAWA OLUWASEUN. All former documents remain valid. General public take note.

Formerly known and addressed as MUSTAPHA FATIMOH ORIYOMI, now wish to be known and addressed as MUSTAPHA ARINOLA ORIYOMI. That i was born on the 21st of March, 1986. All former documents remain valid. General public take note.

EDET PRECIOUS NDIMANIE

OLUWASEGUN SEMIU WHITE.

ADEBAYO TIMILEYIN Formerly known and addressed as OGUNLEYE TEMITOPE, now wish to be known and addressed as ADEBAYO TIMILEYIN. All former documents remain valid. General public take note.

OLUKOYA SUNDAY GBENGA

. Formerly known and addressed as BALOGUN YETUNDE, now wish to be known and addressed as ONIYIDE YETUNDE TEMITAYO. All former documents remain valid. General public take note.

Formerly known and addressed as JACKSON OFONIME HARRISON, now wish to be known and addressed as EDET PRECIOUS NDIMANIE. All former documents remain valid. General public take note.

Formerly known and addressed as OLUWASEGUN SEMIU, now wish to be known and addressed as OLUWASEGUN SEMIU WHITE. All former documents remain valid. General public take note.

ADEBAYO BAMIDELE JOHN

ASHOROBI KHADIJAT ADENIKE

ADAMU AISHA

ODEWALE YINKA IFEOLUWA

AJALA OLAWUNMI BALIKIS.

Formerly known and addressed as JOHN ADEBAYO OGUNDELE, now wish to be known and addressed as ADEBAYO BAMIDELE JOHN. All former documents remain valid. General public take note.

Formerly known and addressed as ADENIKE KHADIJAT LATEEF, now wish to be known and addressed as ASHOROBI KHADIJAT ADENIKE. All former documents remain valid. General public take note.

Formerly known and addressed as HAMED AISHA, now wish to be known and addressed as ADAMU AISHA. All former documents remain valid. General public take note.

Formerly known and addressed as ADESOMOJU YINKA IFEOLUWA, now wish to be known and addressed as ODEWALE YINKA IFEOLUWA. All former documents remain valid. General public take note.

Formerly known and addressed as JAMIU OLAWUNMI BALIKIS, now wish to be known and addressed as AJALA OLAWUNMI BALIKIS. All former documents remain valid. General public take note.

DURU ZITA OSATO

OLAJIDE DOTUN OLOTUPAYE

MRS AKINNIYI CAROLINE ADEJOKE

ZECHARIAH IBUKUNOLUWA ORIOLA

JOE MARAIZU STANLEY

Formerly known and addressed as EBOHOU ZITA OSATO, now wish to be known and addressed as DURU ZITA OSATO. All former documents remain valid. General public take note.

Formerly known and addressed as OLAJIDE OLAOSEBIKAN, now wish to be known and addressed as OLAJIDE DOTUN OLOTUPAYE. All former documents remain valid. General public take note.

CONFIRMATION OF NAME

This is to confirm that OKOH PATRICK AGBI and OKORALU PATRICKS AGBI refers to one and the same person. But now wish to be known an address as OKOH PATRICK AGBI. All former documents remains valid. The general public please take note.

This is to confirm that NGOZI NWANERI, NWANERI BLESSING NGOZI and NGOZICHUKWU NWANERI refers to one and the same person but now wish to be known, called and addressed as NGOZICHUKWU NWANERI. All former documents remains valid. The general public please take note.

MRS OBIOHA KOKOEKA FLORENCE

ADEBOLA ORIADE ORIYOMI OGO- OLUWADE

Formerly known and addressed as KOKOEKA MAEYEN ITA-GIWA, ITA FLORENCE KOKOEKA and KOKOEKA MAYEN ITA now wish to be known and address as MRS OBIOHA KOKOEKA FLORENCE. All former documents remain valid. General public please take note.

ILAHUDE SIMON OWUZO I formerly known and addressed as BRIGHT SIMON OWUZO now wish to be known called and addressed as ILAHUDE SIMON OWUZO. All former documents remain valid. General public take note.

HELEN IFEANYI ONWUDIWE

I, formerly known and addressed as HELEN IFEANYI CHIAZOR, now wish to be known and addressed as HELEN IFEANYI ONWUDIWE. All former documents remain valid. General public/authorities concerned should take note.

I, formerly known and addressed as ADEBOLA ORIADE ORIYOMI OGUNADE now wish to be known and addressed as ADEBOLA ORIADE ORIYOMI OGO- OLUWADE. All former documents remain valid. General public take note. AJIBOYE OLANREWAJU NURUDEEN

I formerly known and addressed as OLANREWAJU OLADOSU NURUDEEN now wish to be known called and addressed as AJIBOYE OLANREWAJU NURUDEEN. All former documents remain valid. General public take note

CORRECTION OF NAME My name was wrongly written as ABIOLA ONI, instead of ILOEGBUNAM KINGSLEY NNABUEZE. I now wish to be known and addressed as ILOEGBUNAM KINGSLEY NNABUEZE. All former documents remain valid. General public/authorities concerned should take note.

RADIANT LIGHT REVELATION MINISTRY

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. Nnaocha Bernadine Akubanihe Emuka – President 2. Nnaocha Godwin Uchenna- Secretary 3. Emuka Charity Chinyereugo 4. Nwankwo Prisca 5. Nwogu Angela Odochi Aims/Objectives: 1. To preach the gospel of our Lord Jesus Christ. 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: President

Formerly known and addressed as MISS ADENEGAN CAROLINE ADEJOKE, now wish to be known and addressed as MRS AKINNIYI CAROLINE ADEJOKE. All former documents remain valid. General public take note. MRS. OKONKWO CHIDIEBERE CHRISTIANA

Formerly known and addressed as MISS. EPUNDU CHIDIEBERE CHRISTIANA now wish to be known and address as MRS. OKONKWO CHIDIEBERE CHRISTIANA. All former documents remain valid. General public please take note. ASUELIMEN SYLVIA NKEMDIMA

I, formerly known and addressed as Maduenyi Sylvia Nkemdima now wish to be known and addressed as Asuelimen Sylvia Nkemdima. All former documents remain valid. General public take note.

IBRAHIM ABA ALI I formerly known and addressed as ALI MODU ALHAJI now wish to be known called and addressed as IBRAHIM ABA ALI. All former documents remain valid. General public take note

AKACHE ABIOLA Formerly known and addressed as ETTU ABIOLA KAFAYAT now wish to be known and addressed as AKACHE ABIOLA. All former documents remain valid. General public take note.

Formerly known and addressed as ZECHARIAH BLESSING ORIOLA, now wish to be known and addressed as ZECHARIAH IBUKUNOLUWA ORIOLA. All former documents remain valid. General public take note. OKAFOR UCHENNA EMMANUELA

Formerly known and addressed as OLUKOYA SUNDAY FEMI, now wish to be known and addressed as OLUKOYA SUNDAY GBENGA. That my date of birth is 12/12/1973. All former documents remain valid. General public take note.

. I, formerly called and addressed as ODINAKACHI STANLEY JOE now wish to be known called and addressed as JOE MARAIZU STANLEY. All former documents remain valid. The general public please take note.

CONFIRMATION OF NAME

ADENIYI LAMBO TAWALU . Formerly known and addressed as LAMBO ADENIYI AKIBU, now wish to be known and addressed as ADENIYI LAMBO TAWALU. All former documents remain valid. General public take note.

KAREEM RASHEED Formerly known and addressed as AKINLABI RASHEED ADELEKE, now wish to be known and addressed as KAREEM RASHEED AKINLABI. All former documents remain valid. General public take note.

MRS DURU NKECHI JANE Formerly known and addressed as MISS OZULUMBA NKECHI JANE, now wish to be known and addressed as MRS DURU NKECHI JANE. All former documents remain valid. General public take note.

UZERE JOY ANULIKA I, formerly called and addressed as AROCHA JOY ANULIKA now wish to be known called and addressed as UZERE JOY ANULIKA. All former documents remain valid. The general public please take note. NWACHUKWU CHIDIADI MEVILINE

Formerly known and addressed as OKAFOR GODSWILL CHINYELU now wish to be known and address as OKAFOR UCHENNA EMMANUELA. All former documents remain valid. General public please take note.

This is to confirm that MISS. EVARISTUS CHINYERE JULIET is the same person as MISS. UKWUEZE CHINYERE JULIET now wish to be known and address as MRS. CHINEKE CHINYERE JULIET. All former documents remain valid. General public please take note.

MRS SAMUEL ELIZABETH NGOZ

OBANIYI OLUWAFEMI MICHAEL.

OMOTELOYE ADESEWA OMOWUNMI

I formerly known and addressed as ADEROJU OLUWAFEMI MICHEAL now wish to be known called and addressed as OBANIYI OLUWAFEMI MICHAEL. All former documents remain valid. General public take note.

My name was wrongly arranged on my documents as OMOTELOYE OMOWUNMI ADESEWA instead of OMOTELOYE ADESEWA OMOWUNMI. That my correct name is OMOTELOYE ADESEWA OMOWUNMI. That I was born on 14/02/1983. General public take note

I, formerly known and addressed as Miss JOSEPH ELIZABETH NGOZI now wish to be known and addressed as Mrs SAMUEL ELIZABETH NGOZI. All former documents remain valid. General public take note. MRS AKINLEYE BLESSING ONYEKACHI Formerly known and addressed as MISS UZOMA BLESSING ONYEKACHI now wish to be known and addressed as MRS AKINLEYE BLESSING ONYEKACHI. All former documents remain valid. General public take note.

MRS OLUBUNMI ADEOLA SUMBY

I formerly known and addressed as Miss Olubunmi Adeola Kosoko now wish to be known and addressed as Mrs Olubunmi Adeola Sumby. All former documents remain valid. General public take note.

Formerly known and addressed as OHAJI CHIDIADI MEVILINE now wish to be known and address as NWACHUKWU CHIDIADI MEVILINE. All former documents remain valid. General public please take note.

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

ADESAN COMFORT OLUWAFUNMILAYO.

DAVIDSON PROMISE UZOCHI.

Formerly known and addressed as OLASOGBA COMFORT OLUWAFUNMILAYO now wish to be known and addressed as ADESAN COMFORT OLUWAFUNMILAYO. All former documents remain valid. General public take note.

AJAYI ADEOLA KOLAWOLE.

I, formerly known and addressed as OKOROIWU PROMISE UZOR, now wish to be known, called and addressed as DAVIDSON PROMISE UZOCHI. All documents bearing my former names remain valid. General public and Authorities Concerned should please take note.

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

LOSS OF DOCUMENT This is to inform the general public of the Loss of Documents for LSDPC Houses No 7 Sanya Street and No 6 Ibikun Street, Surulere, Lagos issued in respect of the two properties allocated to my late Grand Mother Mama Angelina Arefunwa DaSuaze. All efforts to trace the said documents have been abortive. This is for record purposes. Signed: Adeniyi Amos

. LIFEGIVING COVENANT CATHEDRAL 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 THE TRUSTEES ARE; 1. DAMIETE PRINCE KHAMA ...... .............CHAIRMAN. 2. KHAMA DAMIETE SOPHIA ....................SECRETARY.

AIMS AND OBJECTIVES TO PREACH THE GOSPEL OF OUR LORD JESUS CHRIST TO THE WHOLE WORLD AND TO RESTORE THE LOSE SOULS TO CHRIST 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. CHAIRMAN

Daily Times Nigeria Tuesday, December 12, 2017

HARVEST OF EXCEEDING GRACE INT’L 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. TRUSTEES: 1. PASTOR UGEGE IBHADIYI JOHN 2. UGEGE ROSELINE FATIMATU 3. UGEGE PETER EDEMEWE 4. GODSPOWER STELLA 5. BARR. EUNICE EBOSETALE ONAKPOBERUO 6. UGEGE OSEBHAHIEMEN ENLIGHTEN

Companies Registration 25 (Trustees)

FRESH ADAM’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 PREACH THE GOSPEL OF OUR LORD JESUS CHRIST AROUND THE GLOBAL WORLD 2. TO UNDERTAKE SUCCOUR TO THE UNDER PRIVILEGED

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

SIGNED: BARR EUNICE EBOSETALE ONAKPOBERUO

SIGNED: SECRETARY

PRIVILEGE MEDICAL CLUB

CHANGE OF SURNAME OF WIFE AND CHILDREN

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. CHIEF OLUFEMI SANNI. 2. MRS. EKUNDAYO SANNI. 3. DR. TITI AKINGBOGUN. 4. MR. HAKAN GENIS. AIMS AND OBJECTIVES: 1. TO PROMOTE AND PROVIDE HEALTHY LIFESTYLE FOR MEMBERS. 2. TO HELP CLUB MEMBERS ATTAIN EXCELLENT HEALTH BENEFITS. 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: EMMANUEL EKONG ESQ

OHAHA ROYAL CLUB

FORMER SURNAME: ALEX-NTUKA NEW SURNAME: NTUKA. WIFE AND CHILDREN NOW TO BE KNOWN AND ADDRESSED AS MRS. NTUKA ONYINYECHI, NTUKA NICHOLAS OGOCHUKWU AND NTUKA GERALD UZOCHUKWU. ALL DOCUMENTS BEARING THE FORMER SURNAME REMAIN VALID. THE GENERAL PUBLIC SHOULD PLEASE TAKE NOTE.

VICTORIOUS BETHEL ASSEMBLY

OYIBODOKAYE AGHUEVA I FORMERLY KNOWN AS BLESSING RUKEVWE OYIBODOKAYE, NOW WHICH TO BE KNOWN AND ADDRESSED AS BLESSING RUKEVWE OYIBODOKAYE AGHUEVA. ALL DOCUMENTS REMAIN VALID. FCMB BANK AND GENERAL PUBLIC TAKE NOTE

OSIMA BRIGGS

I, FORMERLY KNOWN AND ADDRESSED AS LOLO OSIMA BRIGGS NOW WISH TO BE KNOWN AND ADDRESSED AS OROLOBO OSIMA BRIGGS. ALL FORMER DOCUMENTS REMAIN VALID, AUTHORITIES CONCERNED AND THE GENERAL PUBLIC SHOULD PLEASE TAKE NOTE.

UDOKA ISIAKPONA

I FORMERLY KNOWN AND ADDRESSED DAVIES JOSHUA STANLEY WISH TO BE KNOWN AND ADDRESSED AS DAVIES STANLEY UDOKA ISIAKPONA ALL FORMER DOCUMENTS REMAIN VALID, AUTHORITIES CONCERNED AND THE GENERAL PUBLIC SHOULD PLEASE TAKE NOTE.

TOSIN KEMI

I, FORMERLY KNOWN AND ADDRESSED AS MISS ADETORO OLUWATOSIN KEMI NOW WISH TO BE KNOWN AND ADDRESSED AS MRS OLANIPEKUN TOSIN KEMI. ALL FORMER DOCUMENTS REMAIN VALID, AUTHORITIES CONCERNED AND THE GENERAL PUBLIC SHOULD PLEASE TAKE NOTE.

OLUGBENGA AKINTOLA 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- AKINTOLA, JAMES OLUGBENGA 2- ABIOLA FAMILUSI OLAWALE 3- AMODU, SARAH OLABISI AIMS AND OBJECTIVES: 1- TO FORM A CHARITY ORGANIZATION AIMED AT HELPING SUPPORTING AND PROMOTING THE WELFARE OF POOR INDIGENES OF POOR STATE OF NIGERIA 2- TO GIVE SCHOLARSHIP TO BRILLIANT BUT POOR INDIGENES OF PAIN STATE 3- TO FASTER HUMAN CAPITAL DEVELOPMENT IN PAIN STATE BY EMPOWERING INDIGENES WHO HAVE SCORED ECONOMIC/ENTREPRENEURIAL INITIATIVES BUT LACKING CAPITAL WITH NECESSARY RESOURCES 4- TO COOPERATE WITH OTHER ORGANIZATIONS WITH SIMILAR OBJECTIVES IN OSUN STATE TO ENGENDER HUMAN CAPITAL DEVELOPMENT OF THE STATE 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 BY MOSHOOD OLANREWAJU RASAQ ESQ

MORNING GLORY MEDICAL AID FOUNDATION

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

THE GENERAL PUBLIC IS HEREBY NOTIFIED 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.

TRUSTEES: 1. SUNDAY ISEGBE ONAH. 2. OGBAJI GABRIEL AJOMA. 3. JONAH PRINCE OGBAJI. 4. MRS. MARY OCHI. 5. ANDREW SUNDAY EGBE.

TRUSTEES: 1. PASTOR KINGSLEY OGBEBOR (CHAIRMAN). 2. PASTOR (MRS) JOY OGBEBOR (VICE CHAIRMAN). 3. DEACON (MR) MATTHEW UBAH (SECRETARY). 4. DEACONESS (MRS) MONICA ONIONS (TREASURER). 5. DEACONESS (MRS) BRIDGET OGBEMUDIA (MEMBER).

THE TRUSTEES ARE: 1. DR. OKOYE GODWIN EMEKA STANLEY 2. MATT-GABOR FOLASHADE RACHAEL 3. OKOYE IFEOMA FIDELIA 4. ENANG ABIGAIL ESSIEN

AIM AND OBJECTIVE 1. TO FOSTER UNITY AMONG MEMBERS 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

PEACE ADVOCATES CLUB NIGERIA

AIMS AND OBJECTIVES: 1. PREACHING JESUS TO THE WORLD. 2. RAISING LEADERS FOR TOMORROW. ANY OBJECTION TO THE REGISTRATION S’ HOULD 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

TOP CHRISTIAN THEOLOGICAL SEMINARY

THE TRUSTEES ARE: 1. NDUKA CHUKWUDI EPHRAIM 2. NWAFOR EBERECHUKWU SOLOM 3. OKALA STEPHEN CHUKWUDI

THE TRUSTEES ARE: 1. NWEKE CONSTANCE IFEYINWA. 2. NWEKE PATRICK OFFORBUIKE. 3. PATRICK UGOCHUKWU PATRICK.

AIMS AND OBJECTIVES: 1. TO PROMOTE UNITY, PROGRESS AMONG THE MEMBERS.

AIMS AND OBJECTIVES: 1. TO DEVELOP SPIRITUAL STABILITY, CONSISTENCY AND GROWTH IN THE STUDENTS RELATIONSHIP WITH GOD.

SIGNED: TRUSTEES

ISSURANCE OF C.T.C OF LOST INCORPORATED CERTIFICATE OF THE SECRETARIANT (MEMBERSHIP CLUB) R.N. 7638 THIS IS TO INFORM THE GENERAL PUBLIC OF THE LOSS OF INCORPORATED CERTIFICATE OF THE SECRETARIAT (MEMBERSHIP CLUB) WITH REGISTRATION NUMBER 7638. THE SAID SECRETARIAT (MEMBERSHIP CLUB) WAS DULY INCORPORATED WITH THE CORPORATE AFFAIRS COMMISSION ON 23RD NOVEMBER, 1993 WITH REGISTRATION NO. 7638. THE SAID SECRETARIAT (MEMBERSHIP CLUB) HAS THEREFORE APPLY TO THE CORPORATE AFFAIRS COMMISSION FOR THE ISSUANCE OF THE C.T.C OF THE SAID CERTIFICATE. ANY OBJECTION TO THE ISSUANCE OF THE CERTIFIED TRUE COPY (CTC) OF THE SAID INCORPORATE CERTIFICATE TO THE SECRETARIAT MEMBERSHIP CLUB SHOULD BE FORWARDED WITHIN THIRTY (30) DAYS FROM THE DATE OF THIS PUBLICATION TO CORPORATE AFFAIRS COMMISSION PLOT 420 TIGRIS CRESCENT MAITAMA DISTRICT ABUJA. SIGNED: MANAGEMENT.

SIXTEEN SIXTEEN CLUB

THE AIMS AND OBJECTIVES ARE: 1) TO PROMOTE EYE HEALTH AWARENESS THROUGH EYE HEALTH AND DISEASE EDUCATION. 2) TO PREVENT AVOIDABLE CAUSES OF BLINDNESS THROUGH VISUAL SCREENING. 3) TO PLAN AND EXECUTE SUSTAINABLE DEVELOPMENT PROGRAM WITHIN THE AIMS AND OBJECTIVE OF THE FOUNDATION. 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.

CHEERLEADING AND MAJORETTE ASSOCIATION OF NIGERIA 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. DR. OLUSEGUN AKINLOTAN 2. MRS OBIEZE LILIAN 3. CHINWE OKEKE 4. MR IFEANYI CHRISTOPHER OPUTA AIMS AND OBJECTIVES : 1. TO GROW CHEER EDUCATION AND SPORTS INCLUDING PHYSICAL AND HEALTH EDUCATION 2. TO FOSTER A SENSE OF UNITY AMONG ALL YOUTHS AND PREPARE CHILDREN, YOUTHS FOR CHEERLEADING AND MAJORETTE COMPETITION IN NIGERIA 3. TO CREATE PLATFORMS THAT PROMOTES THE SPORT BY ORGANISING CHEERLEADING AND MAJORETTE COMPETITIONS IN NIGERIA 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 BY SECRETARY

OLD STUDENT ASSOCIATION OF COMMUNITY GRAMMAR SCHOOL, EBUTE IGBOORO

TRUSTEES ARE : 1) HATHIRAMANI PRAKASH KANAYALAL - - - - - PRESIDENT 2) KOTUN RASHEED ABIODUN. 3) HATHIRAMANI ANIL KANAYALAL - - - - - SECRETARY 4) HATHIRAMANI TUSHAR ANIL.

THE TRUSTEES ARE: (1), MR. RAJI SAIBU =====PRESIDENT (2), MR. OBAYOMI SAMSON ODEDEJI ===== SECRETARY (3) MRS. MOSUNMOLA TADE ORIYOMI ==== TREASURER (4) MR YINKA ADELANI ==== (5) ALHAJI DENDE EGUNGBOHUN (6) MR OBAYOMI ODEDEJI ====PRO (7) ADEKOLA LAWERENCE AJIKOBI ====VICE PRESIDENT.

AIMS AND OBJECTIVES: 1) TO PROVIDE PEACE AND UNITY AMONG MEMBERS. 2) TO PROVIDE COMMUNITY DEVELOPMENT THROUGH PROVISION OF FACILITIES AND AMENITIES OF A PRIVATE LOUNGE. 3) TO BE AN ORGANISATION FOR NEW THINKING AND SOCIAL RE ENGINEERING THAT POSITIVELY IMPACT NATIONAL DEVELOPMENT. 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

AIMS AND OBJECTIVES: (1) TO FOSTER UNITY, PROMOTE UNDERSTANDING AND TO ENSURE GOOD RELATIONSHIP AMONG THE MEMBERS. (2) TO PROMOTE MORAL AND FUNCTIONAL SUPPORT TO THE ALMA MATTERS. 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

Daily Times Nigeria Tuesday, December 12, 2017

Times Law

QUOTE OF THE WEEK Where justice is denied, where poverty is enforced, where ignorance prevails, and where any one class is made to feel that society is an organized conspiracy to oppress, rob and degrade them, neither persons nor property will be safe.

.....Frederick Douglass

Would you agree that the judiciary has not been proactive especially in the fight against corruption? I agree entirely. I agree that if the judiciary has been more proactive, we would have gotten a lot better result. What we hope to see, according to the CJN, is a vigorous application of the new rule so that cases move. The biggest problem of the judiciary is the speed of justice and the underlying problem is funding, the judiciary is not funded. I think the judiciary should make a very strong case for independent funding because they are not funded and the constitution already gives it the right to be funded outside the executive unfortunately, it still go back to the executive to present its budget. To my utmost chagrin, the President went to address the All Judges Conference and told them: “I have increased your budget”, and they all clapped for him. That is absolutely foolish on the part of the judges because not only that the constitution create a framework but, the judiciary is funded independent of the President. On the independent of the judiciary, I went to court and won so, I wrote to the CJN saying take this case to the National Assembly and present your budget. Not doing that still makes the judiciary not as vibrant as it ought to be, like the Kenya judiciary. If the judiciary is vibrant it will help democracy. The judiciary is running on an extremely old model. It’s like having an iPhone and it has been updated 20 times but you’re still using the very old one which sometimes cannot receive application to talk.

Our judiciary is operating Judicature Act of 1875 - Agbakoba

What then is wrong with the judiciary as an arm of government? There are so many things wrong with our judiciary that if an English Judge should sit in Nigeria’s court, he would be absolutely stunned. The judiciary is in dare need of massive reform. The judiciary is actually operating the Judicature Act of 1875. If an English Judge of 1875 were to come to Nigeria, he will be familiar with it. Writing in long hands, sitting back not asking questions. But an English Judge today is active. Here, the Judges sit back because they are told not to descend to the arena. An English Judge today descend to the arena by asking questions and this is called case management. They are no longer administrative judges, they are now case management judges. They look at the case and say this case, I can decide it without hearing anybody. So when you come to court, they will say the case is not admissible. You can appeal if you want. In that way, their judiciary is vibrant. Our judiciary is absolutely in need of massive overhaul. All these governors who stole public funds should have been in jail. Look at former Governor Chimaroke Nnamani, since 10 years ago and anytime the case is coming up, they would say he’s in abroad with a medical certificate and the judge would adjourn to another date. I’m happy that Justice Obiozor is doing the right thing. He has issued a bench warrant against the former governor. If they keep issuing bench warrant these guys would know there’s nowhere to go but, to come and face their trials.

Dr. Olisa Agbakoba SAN, is a former President, Nigerian Bar Association (NBA). In this interview with PETER FOWOYO, Agbakoba speaks on the judiciary, the fight against corruption and other sundry issues.

Some of the Senators at the National Assembly are former governors facing criminal trials in various courts. How

The Team Ibe Uwaleke — Editor ibeuwaleke2012@yahoo.com Peter Fowoyo peterfowoyo@gmail.com

men are screwing us. How would you assess the economy under this APC led government? If APC government during electioneering campaign promised Nigerians, how many of those promises has it kept?

Agbakoba (SAN)

do you view this development? It is a sad development yet, this is a government that says we are on top of corruption but NNPC itself is a corruption. The fight between Baru and Kachukwu, made it clear. Nigerians don’t read. They don’t know that the President cannot be Minister of Petroleum Resources. It’s in the constitution. The president is disqualified to hold any other employment. That is why I told Charley Boy, I don’t know what gives him that inspiration to coined that phrase: “our mumu don do.” We are all mumus, all of us. Speculation is rife that the National Intervention Movement which you and few others floated last week will metamorphosed into political party. Do you intend to register it as one? Since the floating of the movement was reported in the media last week, people had inundated me with phone calls, asking me whether it was a new political party and how they could join. NIM is not a political party but a pressure group to put the government on its toes. Our objective is to mobilise Nigerians to hold government accountable at all levels. We want to grow by inspiring and supporting people to start small groups across the country. It accommodates every right thinking, honest Nigerian who are concerned about the failure of the APC government. Mr. Baru of the NNPC who have to come back from London where he went to claim an award, I wonder what entitles him to an award when his country has not settled, ran back and said that he would try and fix it. But this is the same Baru announcing

N1. 6billion for four dead refineries that ought to have been sold a long time ago. So, we sat and said to ourselves: when will all these nonsense stopped? Everybody is in the house grumbling, no job, no money, no good health care system, no standard, quality education, no nothing. We felt that what is needed is a coherent pressure group. Look at what happened with the EndSARS hash tag. We are going to use the social media to mobilize Nigerians because it is a membership based and we are going to have friends of the movement. We are not going to depend on anybody to fund us, we are going to ask Nigerians to fund us. Send your N100, send your N200 because it would require a lot of resources. So, in one way, we want Nigerians to claim ownership of the movement. That is the structure. Would you say Nigeria has failed as a country? We live in a failed country and unless we articulate the elements of this failure, we would continue to fail. Governor Akinwunmi Ambode of Lagos state said he runs the third or fifth largest economy in Africa but this is a broken city, a completely broken city and in the index of the harshest cities to live in the world, Lagos is third from the last. Ambode is fixing federal roads when Lagos state roads are deplorable. We need to look at what the states are doing. Look at the joker in Imo state. Ministry of Happiness and Couples Fulfilment. Okorocha is erecting statues of all kinds of people when Imo State owes pensioners. Wike is using Rivers State money to buy SUVs for members of the National Assembly. We are there saying nothing and these

How many ministers are even competent in this administration? For example, a friend of mine, Kayode Fayemi, he has no competence in the Ministry of Solid Minerals Development not because he’s a bad man but, because that is not his background. It is like putting me in that ministry, I don’t know anything about that. What is the competence of another minister, Geoffrey Onyeama, an intellectual property lawyer appointed as the Minister of Foreign Affairs? What is the competence of another good friend, Senator Ndo Ndoma Egba SAN, to be in the Ministry of Budget when he’s a lawyer? The president should be called upon to dismiss his cabinet because the best hands are not there. The key thing is the competence even if he or she is physically challenged. The federal cabinet lacks competence. I don’t know any time the private sector has been invited to participate in running the business. The only person who has done so successfully is Dangote. So you can imagine when we have 20, 30, 40, 50 Dangotes, we won’t have any problem. Government must set the tone to invite a lot of billionaires who have money lodged in the banks and invest massively in the economy. Government is not creating policies that will enable them invest in viable businesses. They are afraid that even when government invites them, the same government may reverse it two years down the line. Government work is misunderstood by even the president and his ministers. They don’t understand the nature and how to run a government and therefore you have a catalogue of problems. They sold Disco to people, I challenge anybody to point out anyone who bought the Disco, who has technical qualification. They were all sold to political jobbers so, they went in there, have no clue of what to do and we are in the same situation. Government has four refineries but government should not own refineries. Then we talk about the size of government. It is because government want to do things itself and the reason why it want to do this is the staggering amount of money that is made in government business otherwise, what I thought the President should be doing is holding strong conversation with the unions to take schools, government should not own schools. I hope you know that the current budget is about N8tn; 70 per cent is for recurrent expenditure, that means salaries. Now, only three million people in Nigeria, working with the Federal Government, ‘chop’ all that money to the exclusion of the 180 million people. So, where’s the fairness? Three million Nigerians get 70percent while 180 million Nigerians get 30 percent. Without new paradigm of government which people understand, it is going to be impossible to move forward because every year budget will be passed but, would be consumed. We are consumer nation. We have crude but we export it and then import petroleum and now queues are gradually returning to the petrol stations.

Daily Times Nigeria Tuesday, December 12, 2017

27 Law

Lawyer faults FG plan to build courtrooms inside prisons Peter Fowoyo

A Former Solicitor-General of Lagos State, Mr. Lawal Pedro, SAN has faulted plans by Federal Government to establish courtrooms within prison premises as a way of decongesting the prisons. President Muhammadu Buhari had recently said that the office of the Attorney-General of the Federation was considering building courtrooms within prison premises across the country. Speaking on a radio programme Factfile on Raypower, Pedro stated that putting courtrooms inside prison premises will only amount to an expensive adhoc exercise that will not solve the perennial problem of prison congestion. He suggested that other approaches such as putting all criminal trials on fast-track mode and devolution of powers to allow state build and manage prisons should be urgently considered. “Building a courtroom inside the prison will not solve the problem of prison congestion. It will simply

amount to an adhoc exercise. What happens thereafter? Rather than do that, the judiciary should put all criminal trials on a fast-track mode.” “With due respect to Mr. President, prison congestion been a scandal is no longer news to anyone. My take on this matter is that the role of the judiciary is secondary. The other arms of government has the primary responsibility in decongesting the prisons. “Take the National Assembly for example. Since the National Assembly have been working against devolution of power to the state in the ongoing constitutional amendment, by which issues such as Prison and the congestion of the prisons will come under the concurrent legislative list in the Constitution I suggest that the National Assembly consider delegation of duties to the State in the Constitutional amendment However pending when that happens, it should consider amendment of the Prison Act to make conceded some powers to the States to establish and maintain

state prisons particularly for offenders of state offences. “Pending when constitutional amendment comes, that will go a long way in the management of the prisons. The same thing should also goes for the Police Act. If the Police Act can be amended, to ensure that the commissioner of police or even AIG in a state is subject to the control of the Attorney General of the State as far as the administration of criminal justice is concerned. “Imagine a matter pending in court and you are told that the Investigating Police Officer, IPO has been transferred to somewhere in the North while the officer is to testify in a matter in Lagos. How does that officer get to Lagos? So before any police officer involved in an ongoing matter is posted out of the state, the Attorney-General of that state must give a clearance that he has no pending matter in court before the officer is posted out because this is another factor responsible for delays in the administration of justice.” “The idea of adjournment of criminal trial for more than a week or

one month while the defendant is in custody should be outlawed. If after 30 days of arraignment and the prosecution is not ready to proceed with the trial, the court should be allowed to set the defendant free with the exception of cases for murder, treason and other heinous crimes. . On the issue of introducing parole into the Nigerian Prisons system, Pedro noted that it is indeed an ideal thing but that Nigeria lacks the necessary database to effectively run a parole system. “I am sorry but in Nigeria where we lack data, that cannot work. In all other countries where parole system operates, they have the right data of all their citizens. As at now, we don’t even know our real population figures. So imagine if someone is given parole in Lagos and he runs to Sokoto and change his name, how do you trace him? What we should do is to harmonise all the data collected by various agencies in the country. If we have the right data, then parole can be consider as a way of decongesting the prisons,’ he said.

Nigeria, Switzerland, World Bank sign tripartite MoU in US to return stolen $321m Ibe Uwaleke Nigeria will receive the sum of $321m stolen by the family of late Head of State, General Sani Abacha following the signing of a tripartite memorandum of understanding (MOU) by the Attorney General of the Federation and Minister of Justice, Abubakar Malami, SAN, with Switzerland and the World Bank. Reports filed in from United States of America by Comrade Salihu Othman Isah, Special Adviser to the Attorney General of the Federation and Minister of Justice on Media and Publicity indicates that the signing on December 4th, 2017 is in consonance with Switzerland’s policy of returning illegally acquired assets. The report also revealed that the modalities for the return of the stolen funds are set out in the MOU that was signed by the three parties at the Global Forum on Asset Recovery (GFAR) currently ongoing in the United States. According to him, the AGF, Abubakar Malami, SAN, signed on behalf of Nigeria while Ambassador Roberto Balzaretti, the Director of the Directorate of International Law who doubles as Head of the Swiss delegation to the GFAR signed on behalf of the government of Switzerland while the Country Director of the World Bank office in Abuja, Mr. Rachid Benmessaoud signed on behalf the World Bank

Signing of the MoU by Malami,Switzerland and World Bank officials in US ...recently The AGF spokesman further stated that, “The MOU stipulates that the restitution of funds will take place within the framework of a project known as the National Social Investment Program that will strengthen social security for the poor in Nigeria’’. “The MOU also regulates the disbursement of restituted funds in tranches and sets out concrete measures to be taken in the event of misuse or corruption”. “The chosen solution for restitution is being undertaken by the three contracting parties as a partnership” in line with the objectives of Switzerland’s strategy

to freeze, confiscate and return the illicitly acquired assets of politically exposed persons (asset recovery) which is based on the principles of transparency and accountability. It also allows the involvement of civil society in the monitoring of the restitution process. Furthermore, the return of these funds makes a concrete contribution to the implementation of the 2030 Agenda for Sustainable Development and can set a good example internationally for future restitution cases. These assets, which were initially frozen in Luxembourg, were repatriated

and confiscated by Switzerland as part of criminal proceedings brought by the public prosecutor’s office of Geneva against Abba Abacha in December, 2014. The signing of this MOU gives Nigeria visibility and will set precedence on the need for transparent management of returned assets internationally. The GFAR brought together experts from the field of asset recovery to strengthen international cooperation in this area. Nigeria will also use the opportunity of the GFAR meeting at the headquarters of the International Finance Corporation in Washington DC to negotiate the return of other assets and also engage in bilateral meetings with several other countries. The Nigerian delegation to this meeting comprise the Head of delegation, Mr. Abubakar Malami, SAN, Attorney General of the Federation and Minister of Justice, Barrister (Mrs.) Juliet IbekakuNwagwu, Special Assistant to the President on Justice Reform and Coordinator, Open Government Partnership (OGP) and Mrs. Ladidi Abdulkadir, Nigeria/ GFAR Focal Person and Assistant Director, Federal Ministry of Justice among others as well as civil society organizations represented by Reverend David Ugolor, Executive Director, African Network for Environment and Economic Justice (ANEEJ). The delegation has returned to the country since December 7, 2017.

Law 28

Daily Times Nigeria Tuesday, December 12, 2017

Law as an instrument of navigating strategies, non-market threats

CONTINUED FROM LAST WEEK

Bolaji Ayorinde For instance, as firms decide on whether or not to enter developing Nigerian markets, to increase their investments, or to alter their trading patterns, they must consider the NM characteristics of specific national markets. Their strategies must also be sensitive to the broader regional and global international environment, and especially to the roles played by various relevant international institutions. With respect to NM strategies and tactics, firms must develop their abilities to interact with governments, nongovernmental organizations, and other interest groups. Firms that concentrate only on market issues and attempt to outsource NM tasks often suffer as a result of their neglect of this aspect of an integrated strategy. NM tactics NM problems require a carefully formulated, strategic response including a reliance on existing legal regimes to assist in navigating the NMTs landmines. Elements of such a strategy can include lobbying, grassroots activity, coalition building, testimony, political entrepreneurship, electoral support, communication and public advocacy and judicial strategies. For the most part these are self-explanatory. Grassroots activities refer to efforts to generate broad public support to influence office holders. Political entrepreneurship means an active effort to shape a political agenda to benefit the interests of the firm. Just as firms must consider the prevailing market forces, so too must they be concerned about their NM environments. In an international context, and particularly in Asia, issues such as environmental and labor standards immediately raise potential NM constraints that can affect a firm’s market strategy. Actors respond strategically to these issues in various institutional settings through negotiation, sometimes using tactics of “issue-packaging” or issue linkage. The strategic linking of issues may be based on knowledge (substantive links) or power (tactical linkages). Understanding the basis of a proposed issue linkage helps the analyst predict the likelihood of the linkage remaining stable and hence the formulation of strategy. Witold Jerzy Henisz explores how the interaction of contractual and political hazards affects firms’ choices. Specifically, he argues that where contractual hazards exist, firms are likely to choose majority-controlled plants. These contractual hazards include a strong need to invest in specific assets, potentially inappropriate use of technology by a joint venture partner, and free-riding on brand name or reputation. By contrast, in the face of political hazards—which include, for instance, a fear of expropriation by a host government—firms are likely to prefer minority investment stakes where they might be able to use the skills and political standing of their venture partners to mitigate such hazards. The interaction effect of contractual and political hazards turn out to be empirically interesting. Henisz argues convincingly that when both contractual and political hazards are high, firms prefer majority-owned subsidiaries because their joint venture partners might well use the power of the state against them. When firms pursue a market strategy, they often must deal with NM actors such as labor or environmental groups, or governmental regulatory agencies. Alternatively, firms may try to insulate the national or regional arena through NM protectionist actions. The

Ayorinde (SAN) choice between investing in market competitiveness versus political activity is one that firms must make on an ongoing basis. To take a concrete example, I shall examine the NICON Insurance Plc Takeover in Nigeria as well as the Novartis AG Case Study. NICON INSURANCE PLC TAKEOVER CASE STUDY In 2007, the Federal Government of Nigeria pursuant to an aspect of its reform programs directed National Insurance Commission (NAICOM) to carry out a recapitalization and consolidation of insurance companies for more effective performance. Pursuant to the said directive, a minimum capital level was set for compliance and companies that could not meet up with the new capital requirement were required to consider consolidation with other similarly affected companies. NICON Insurance Plc was one of the first set of insurance companies to comply with the new capitalization requirement. Based on the compliance by NICON with the recapitalization requirements, NAICOM gave approvals to the NICON to continue as an insurer in general insurance business and life assurance business. During the recertification exercise by NAICOM an issue was raised concerning a sum which NAICOM alleged were owed by the NICON to the Government as Insurance Levy. The said sum was not disclosed or mentioned by the Bureau of Public Enterprise (BPE) during the privatization exercise concerning NICON and so it was not part of the liabilities taken over when NICON was acquired. The issue of the indebtedness was raised again during the recapitalization exercise by NAICOM, the attention of the BPE was called to the matter. The BPE informed NAICOM that the debt was not disclosed at the time of the privatization of the NICON and thus was not part of the liabilities inherited by the core investor. These issues gave rise to a law suit which was eventually settled out of Court. This is an example of how certain government infractions can affect business. In dealing with the problem, NICON now being driven by the core investor started with a bullish approach. It approached the Federal High Court and obtained an exparte restraining order against NAICOM and the government. This was a strong show of robust legal response that signaled the investor’s resolve to resist the government and regulator. Very

high powered discussions ensued thereafter and government was able to see reason and an out of court settlement was reached. This was a significant victory for an investor who had the capacity to muster sufficient and adequate legal muscle to meet the challenge and threat. It is significant to observe that the investor, as a matter of strategy was also quick to identify the point at which the government and regulator considered it appropriate to settle the matter out of court. This was a perfect case of the use of law to navigate a NMT. NOVARTIS AG CASE STUDY Novartis AG, the world’s fourth largest pharmaceutical company, has been engaged since 2002 in a high-profile public battle with the Indian government over Glivec, a popular cancer drug. (The drug is known as Gleevac in the United States.) India has denied Novartis a patent for Glivec, alleging it does not offer “improved efficacy” over its predecessor. Novartis, which has obtained patents for Glivec in more than 40 countries, including China, insists that India’s stringent requirements for novelty violate international intellectual property treaties. The company is waging its campaign in courtrooms and ministries, and with the public — its Web site features videos of Indian patients extolling the drug’s benefits and Indian experts detailing the dire consequences for patients deprived of Glivec. Novartis, however, was not content simply to fight for its intellectual property rights. In a subtle and related thrust, the company offers Glivec to needy Indian patients at dramatically reduced prices. The program is featured among the company’s “corporate citizenship” initiatives, which also provide leprosy and tuberculosis drugs to millions of patients free of charge and malaria drugs to tens of millions more at cost. Novartis proudly trumpets that its billion-dollar “access-tomedicines” program has reached more than 80 million patients worldwide, many of them in India. In balancing assertive property rights and pharmaceutical philanthropy, Novartis is shaping the environment in which it competes. In short, it is pursuing a NM strategy to tackle headlong a NMT. Here again is a perfect example of a robust use of law but in combination with public advocacy. NM strategy recognizes that businesses are social and political beings, not just economic agents. Because companies create and

distribute value, a plethora of actors seek to influence them — formally, through laws and regulation, and informally, through social pressure, activism and efforts to shape the public perception of business. Companies can’t escape this. Smart executives, therefore, engage with their social and political environment, helping shape the rules of the game and reducing the risk of being hemmed in by external actors. Yet, few companies are prepared to do the hard work and commit long term to developing an effective NM strategy. Fewer still understand how to integrate market and NM strategies to sustain competitive advantage. Novartis figured that out. Fighting for property rights and giving away life-saving drugs happens in arenas where the exchange is political and social, not economic. However, both actions are fundamentally strategic: Novartis defends strong patent protection essential to its business model, and undermines its critics by demonstrating its commitment to India’s well-being. Its NM strategy is carefully aligned to support its market strategy of competing via patent-protected, blockbuster drugs. NON-MARKET TREATS AND THE NIGERIAN ECONOMY The story of any successful economic transformation of society is incomplete without an understanding of the legal and institutional infrastructure that underpins it. For Nigeria, it will amount to naiveté to envision sustained prosperity without thinking through the kind of legal institutional framework to underpin it. Douglas North as one of the leading lights of the new institutional economics has the following to say on the centrality of institutions: The fundamental issue can be stated succinctly. Successful development policy entails an understanding of the dynamics of economic change if the policies pursued are to have the desired consequences. And a dynamic model of economic change entails as an integral part of that model analysis of the polity since it is the polity that specifies and enforces the formal rules…. Development economists have typically treated the state as either exogenous or as a benign actor in the development process. Neoclassical economists have implicitly assumed that institutions (economic as well as political) don’t matter and that the static analysis embodied in allocative efficiency models should be the guide to policy; that is, ‘getting the prices right’ by eliminating exchange and price controls. In fact the state can never be treated as an exogenous actor in development policy and getting the prices right only has the desired consequences when you already have in place a set of property rights and enforcement that will then produce the competitive market conditions. (North, DC: 1993: 5).

LEGAL CARTOON

Daily Times Nigeria Tuesday, December 12, 2017

Tuesday, December 12, 2017

EXTRATIME

Stories by Frank Jumbo with Agency Report

n yet another marker of the growing influence and visibility of Nigeria in global football administration, three Nigerians are members of a 14 -man Think-Tank put together by CAF to brainstorm over two days on ideas and strategies to rebrand the continent’s club competitions from both technical and commercial perspec-

Three Nigerians in CAF’s Club Competitions committee tives. To this end, a two -day intensive workshop on how best to improve the fortunes of the CAF Champions League and CAF Confederation Cup will hold at the African football -ruling body’s headquarters in Cairo, Egypt on Monday and Tuesday this week. The workshop, which will be declared open by CAF General Secretary, Amr Fahmy on Monday morning, will provide

part of the substance for the meeting of the CAF Inter-Club Competitions and Club Licensing Committee holding on Wednesday at the same venue. Nigeria’s Shehu Dikko (NFF 2nd Vice President/LMC Chairman), Salihu Abubakar (LMC chief operating officer) and Christian Emeruwa (FIFA Security Officer/NFF Integrity Officer) will be part of the Think-

Tank workshop. Dikko, who is a member of the FIFA Football Stakeholders Committee, is also a member of the Inter-Club Competitions and Club Licensing Committee that will convene on Wednesday to consider the report of the ThinkTank panel. Anthony Baffoe, who won a Cup of Nations silver medal with Ghana’s Black Stars 25 years ago and was recently appointed CAF’s

Deputy Secretary General (Development and Competitions), will speak on ‘Draws Concept and Draw Ambassador; Seminars and Workshops for Clubs; Pre-Match Ceremony and; Job Tasks of the General Coordinator’ as well as ‘Stadiums: Pitches,’ while Emeruwa, who holds a doctorate degree in sports administration, will speak on ‘Security of Stadiums.’

Enyeama

FIBA: Kano Pillars in group of death

Rohr

Rohr keeps door open for Enyeama

igeria coach Gernot Rohr still wants to have Vincent Enyeama in his 2018 FIFA World Cup squad and has opened the doors for the experienced goalkeeper. Media reports suggest that the former Super Eagles skipper, who announced his retirement from international football in October 2015, had ruled out a return. However, Rohr says Enyeama could earn a recall as he faces a goalkeeper crisis after first choice Carl Ikeme was diagnosed with leukemia. “Coach Rohr had a productive chat with En-

yeama and made it clear that he should focus on getting fit and enjoy a playing run,” team spokesperson Toyin Ibitoye told BBC Sports. “Contrary to local media reports, the professional talks between both of them remains unchanged, there are conditions involved and as long as it’s adhered to, Enyeama stands a World Cup chance.” The BBC reports that Daniel Akpeyi has failed to impress and his replacement Ikechukwu Ezenwa lacks composure, while young Francis Uzoho is inexperienced. “It’s very important to respect those who are

currently with the team. The likes of Akpeyi, Ezenwa, Alampasu, Uzoho and Ajiboye all need the support of our fans,” Ibitoye added. “Coach Rohr insists we should not let the talk of Enyeama deprive others of their deserved respect. With these goalkeepers and Carl Ikeme we achieved World Cup qualification. “We appreciate what Enyeama has done in the past and he also needs our support right now. His experience is good for the country and only coach Rohr has to make the final call when the time comes.”

igeria champions Kano Pillars were on Sunday drawn in Group B along with AS Sale of Morocco, ES Rades of Tunisia, Interclube of Angola, New Generation of DR Congo and City Oilers of Uganda at the 2017 FIBA Africa Clubs Champions Cup which begins in Tunisia on Monday. Nigeria’s second representatives at the competition Gombe Bulls are in Group A along with Algeria’s GS Petroliers, Ferrovairio of Mozambique, US Monastir of Tunisia, ASB Mazembe of DR Congo and Sporting Libolo of Angola. Defending champions Al Ahly of Egypt failed to qualify for the competition. Pillars and Gombe secured the tickets for the competition after placing first and second in the FIBA Zone 3 qualifiers in Lagos in November. Pillars have won bronze twice while they finished fourth in the 2016 edition in Egypt. No Nigerian club have won the competition with the best outing for the country being a third-place finish on three occasions. Meanwhile, Pillars coach Sani Ahmed has said the team will aim to win the tournament. “It will be very tough but we are prepared to return with the trophy and create a record,” Ahmed told our correspondent on the telephone on Saturday.

Ambode hails beach soccer Eagles, Gidi Sharks

agos State Governor, Akinwumi Ambode, has applauded the performance of the country’s beach soccer team, the Beach Eagles, after putting up a great job at the 2017 COPA Lagos Beach Soccer Tournament that ended yesterday. The state governor also hailed the state’s team, Gidi Sharks, for putting up an impressive performance at the three-day competition. Speaking to newsmen on behalf of the governor, the Commissioner for Information and Strategy, Steve Ayorinde, said Governor Ambode was happy with the performance of the two teams. “It was a good outing for the Eagles de-

feating Morocco and Lebanon in their first two matches,” he said. “Looking at some of the countries that participated at the competition like Lebanon and Morocco, they both have beach soccer leagues and defeating them showed that we have potentials to be giant if we build on the success made so far in the game. “I really want to appreciate the Eagles for their strong mentality because they have shown that with proper league, they can rule the world. “I want to also give kudos to the Lagos State team, Gidi Sharks, for what they were able to achieve at the tournament. “We can see the input of the Coach An-

gelo Schirinzi, in the team and hopefully when the league starts, we will surely have a formidable team that can take on any other clubs or national team from around the world.” The Sand Eagles defeated Morocco 7-6 with Emeka Ogbonna scoring the winning goal, in their first match, while it was the turn of Suleiman Mohammad to score the winning goal in the 9-8 victory against Lebanon in their second match. For Gidi Sharks, they started the competition with a 6-2 win against Pepsi Football Academy before losing the second game 9-4 to another Nigeria team, Kebbi Beach soccer team.

Ambode

Daily Times Nigeria Tuesday, December 12 , 2017

Edo is most pension-friendly state - Obaseki Titus Akhigbe, Benin

ÏÏÏEdo

State Governor, Mr. Godwin Obaseki, has said the state is the most pension-friendly state in the country, despite her huge indebtedness to state pensioners amounting over N3.9 billion pension arrears. Obaseki, who frowned at the attitude of some of the pensioners in the state over their series of protests in the state capital over non-payment of pension arrears spanning several months, said the problem was inherited from previous administrations and should not be used to tarnish his government. He made the appeal to the pensioners on Monday during the Annual National Pensioners Day Celebration in Benin City, where he stated that his administration has been paying pension on a monthly basis as against the perception being created by some aggrieved pensioners. He urged the pensioners to be fair, and credit the government whenever credit is

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

MRS. ONONUJU BIMPE . I, formerly known and addressed as MISS ADEBIMPE OMOWUMI AKINSOWON, now wish to be known and addressed as MRS. ONONUJU BIMPE. All former documents remain valid. General public/authorities concerned should take note.

BLESSING OBOT NELSON I Formerly known and addressed as Havilah Ekemini-Abasi Nelson, now wish to be known as Blessing Obot Nelson. A ll former documents remain valid. General public take

XX I, formerly known and addressed as, FAVOUR OKON OKPO, now wish to be known and addressed as, MR. FAVOUR A. JACOB ANIEBONAM. All former documents remain valid. General public should take note. D above name is correct

CHANGE OF NAME

I FORMERLY KNOWN AND ADDRESSED AS MISS AMINA IDRIS NOW WISH TO BE KNOWN AND ADDRESS AS MRS AMINA MICHIKA IDRIS. ALL FORMER DOCUMENTS REMAINS VALID, ALL AUTHORITIES CONCERN AND THE GENERAL PUBLIC SHOULD PLEASE TAKE NOTE

due it. “Let people not create confusion so that we can solve the problem of pensioners. We want to solve the pension problem by the grace of God, and we will resolve the problem,” he said. Obaseki said the problems of pensioners were not new to him as he was abreast of their predicament even before becoming the state governor noting that as a result, he has put the issues of pensioners in the front burner. He said: “The arrears of the pensioners were accumulated because between 1996 and 2000, no pension were paid. The arrears got to almost N10 billion. Governor Adams Oshiomhole in his wisdom as the governor then put in place a scheme and we put everybody in batches. We have been paying those batches. “From N10 billion, we are under N4 billion, and people say we have not made progress. It is wicked when people do not admit and can’t say thank you for the small things we have done.

Moses Oyediran, Enugu

ÏÏÏ

Governor Ifeanyi Ugwuanyi of Enugu State has banned ministries, agencies and other establishments from rejecting members of the National Youth Service Corps (NYSC) posted to the state. Ugwuanyi also said that allowances of corps members posted to state establishments would be paid as at when due. The governor said this during the closing ceremony of the 2017 Batch ‘B’ Stream 1 NYSC orientation course on Monday in Enugu. He said that government frowned at any attitude that would cause unnecessary inconvenience and hardship to corps members, adding that government officials found culpable would face severe sanctions. “Consequently, government will view with seriousness any reported case AJAKAYE OLUSEGUN JONATHAN

I, formerly known and addressed as SALIU SULIAT OVAIOZA, now wish to be known, called and addressed as ABDULMUMIN ZULAIKHA OVAIOZA. All documents bearing my former names remain valid. General public and Authorities Concerned should please take note.

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

I, formerly known and addressed as OKOAHABA EMMANUEL IFEANYI, now wish to be known and addressed as IFEANYI EMMANUEL CHUKWUKA. All former documents remain valid. General public/authorities concerned should take note.

CONFIRMATION OF NAME I, ELENWO PEARL, and ELENWO PEARL SUNNY, refer to one and same person but, now wish to be known and addressed as, ELENWO PEARL SUNNY. All former documents remain valid. General public should take note.

Public Notice

Enugu: Ugwuanyi stops rejection of corps members by MDAs, others

ABDULMUMIN ZULAIKHA OVAIOZA

IFEANYI EMMANUEL CHUKWUKA

MRS. DAN SIFON ITORO

of rejection of corps members. “I am fully aware that the major challenge of NYSC members after the orientation is rejection by prospective employers. “I wish to remind ministries, agencies and educational institutions in the state not to reject corps members,” he said. Ugwuanyi said that his administration understood that a sustainable economic development could be built on a sound education footing. “It is in this regard that government adopted the policy of engaging a greater percentage of corps members in the education sector,” he said. He appealed to the corps members to accept and regard their postings as a special national call to duty in the service of th eir fatherland. He said that the enabling environment would be provided for them to dis-

IWUEZE, RICHARD OBINNA

. I, formerly known and addressed as EZE, RICHARD OBINNA, now wish to be known, called and addressed as IWUEZE, RICHARD OBINNA. All documents bearing my former names remain valid. General public and Authorities Concerned should please take note. IWUEZE-BAMISILE, ADEYEMI ADEBIMPE

I, formerly known and addressed as MISS TIMOTHY SIFON FRIDAY, now wish to be known, called and addressed as MRS. DAN SIFON ITORO. All documents bearing my former names remain valid. General public and Authorities Concerned should please take note.

. I, formerly known and addressed as EZE, ADEYEMI JOYCE, now wish to be known, called and addressed as IWUEZE-BAMISILE, ADEYEMI ADEBIMPE. All documents bearing my former names remain valid. General public and Authorities Concerned should please take note.

MRS. SULE RITA RUFUS OTHKOR

CHRISTIAN EBUBECHUKUKWU IKWUKA

I, formerly known and addressed as RITA RUFUS OTHKOR, now wish to be known and addressed as MRS. SULE RITA RUFUS OTHKOR. All former documents remain valid. General public/authorities concerned should take note.

I, formerly known and addressed as CHRISTIAN IKWUKA OBIDIGBO OKEKE, now wish to be known, called and addressed as CHRISTIAN EBUBECHUKUKWU IKWUKA. All documents bearing my former names remain valid. General public and Authorities Concerned should please take note.

OMILOYE OLUWAKEMI TEMITOPE

CORRECTION OF NAME

BALOGUN MOJISOLA OLANIKE

I, formerly known and addressed as OGUNLEYE OLUWAKEMI TEMITOPE, now wish to be known and addressed as OMILOYE OLUWAKEMI TEMITOPE. All former documents remain valid. General public/authorities concerned should take note.

I, AKOBUNDU GIFT ONYINYECHI, wish to correct my name which was wrongly written as, ANGELA ONYINYECHI AKOBUNDU, instead of, AKOBUNDU GIFT ONYINYECHI, in my BVN details. I now wish to be known and addressed as, AKOBUNDU GIFT ONYINYECHI. All former documents remain valid. General public should take note.

I, formerly known and addressed as AKINSANYA BALOGUN MOJISOLA, now wish to be known and addressed as BALOGUN MOJISOLA OLANIKE. All former documents remain valid. General public/authorities concerned should take note.

CHANGE OF NAME

I, formerly known and addressed as JOSEPH AYAKA AYAKA now wish to be known and addressed as AGBULUGBU AYAKA JOSEPH. Correct date of birth 09/4/1992. All former documents remain valid. General public should please take note.

CHANGE OF NAME

I,formerly known and addressed as EKPE TAMARATORUBOFA now wish to be known and addressed as KENREN TAMARATORUBOFA. All former documents remain valid. General public should please take note.

CORRECTION OF NAME

This is to notify the general public that my name was wrongly written as Inyang Prince. That my correct name is Bassey, Prince Ekom. That Bassey, Prince Ekom and Inyang Prince is one and same person. All former documents remain valid. General public take note.

charge their duties while in the state. “I want to assure you once again that you are safe in any part of the state you are posted to serve. “I urge you to work to realise the objective of the scheme which is unity and integration among diverse nationalities of our great country through the youths,” he said. Ugwuanyi appealed to them to take their host communities as their homes. Earlier in an address of welcome, the NYSC State Coordinator, Alhaji Ahmed Ikaka said that the 2264 corps members fully participated in the orientation course and described their actions as exemplary. Ikaka urged them to take their primary assignment seriously and warned against playing truancy or engaging in acts capable of denting the image of the scheme. “I encourage you to take

ORODE ANGEL OGUNWA

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

OLADAYO JOHN

I, formerly known and addressed as DAYO IGE, now wish to be known, called and addressed as OLADAYO JOHN. All documents bearing my former names remain valid. General public and Authorities Concerned should please take note. OLAYINKA VICTORIA EJIKEME

I, formerly known and addressed as HELEN KUTI, now wish to be known and addressed as OLAYINKA VICTORIA EJIKEME. All former documents remain valid. General public/authorities concerned should take note.

this good conduct to your area of primary assignment and endeavour to adapt quickly when you arrive in your host community. “Also do your best to appreciate and respect their customs, culture and tradition,” he said. Ikaka commended the state government for approving funds that assisted in the conduct of the orientation course as well series of supports they had enjoyed in the state. The state coordinator appealed to the state government to redeem its pledge of further supporting the state office with a Hilux van, completion of the new female hostel in the orientation camp and renovation of the fence.

ADDITION OF NAME

That I was formerly known and addressed as CAJETAN EZE, but wish to add OBINNA to my existing names. That I now wish to be known, called and addressed as CAJETAN OBINNA EZE. All documents bearing my former names remain valid. General public and Authorities Concerned should please take note.

SUARAU OPEYEMI SALEEM

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

MRS. MERCY ODION

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

SUNNY BARIKUI I, formerly known and addressed as, SUNNY BARIKUI, now wish to be known and addressed as, SUNNY BARIKUI MARK. All former documents remain valid. General public should take note.

NEW MEDIA FOUNDATION

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

TUESDAY, DECEMBER 12, 2017

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Business Times Daily Times Nigeria

Naira gains at official forex market as NAFEX records $209m turnover Page B4

CBN’s single licensing to ease discount window access, say operatorsPage B6

Tuesday, December 12, 2017

Ogun residents, unions decry extortion, harassment by electricity provider

Page B5

Power generation peaks at 5,155mw, says Fashola

Ganiyu Obaaro

The Minister of Power, Works and Housing, Mr. Bbatunde Raji Fashola, SAN, has said that the The nation has begun witnessing improved power supply in the past few months. He said due to the painstaking effort of the administration of President Muhammadu Buhari, power generation has peaked at 5, 155 megawatts (MW) as at Friday, December 8, 2017. According to the former Lagos state governor, “It is a major milestone in our journey of incremental power; and if we keep our feet on the ground and we remain focused and unexcited, we will improve on it, and hopefully, get to the second leg of our journey which is steady power.” Fashola, who spoke at the 22nd monthly power sector operators’ meeting, held in Lokoja, Kogi State, North Central Nigeria, on Monday, said, “Please recall that in January 2017, up till March 2017, power production was significantly low, largely

as a result of the lack of gas and the disruptions in the Niger Delta “By collective action of Government and all of you, many of these challenges have either been fully overcome or brought under control and management. “Government has responded with policies and actions like the N701 Billion payment assurance guarantee which has brought confidence to the production side of the power business and resulted in increased power production taking us to an all-time high of over 7,000 MW of power availability. “Government action in transmission service expansion through TCN, and your feedback about service points where you require service from TCN, has helped to increase Transmission capacity which took us to over 4,000MW grid available power, that was relatively steady. “In the course of the year, slowly but steadily, the incidents of total and partial grid collapses have begun to reduce.”

Ike Onyia, Managing Director, FBNQuest Asset Management (middle) and Bunmi Asaolu, Head, Equity Research, FBNQuest Securities (left) receiving the Best Local Investment Bank in Nigeria; Best Asset Manager in Nigeria and Best Broker in Nigeria awards on behalf of FBNQuest Merchant Bank from Christopher Moore, Publisher & CEO, EMEA Finance (right) at the 2017 African Banking Awards Ceremony in London ...on Friday.

Gov Ambode proposes N1.046tn 2018 Budget

Benjamin Omoike

The proposed Y2018 budget of Lagos state tagged: ‘Budget of Progress and Development’, with a size of N1,046,121,181,680 (N1, 046tn), was on Monday presented to the state’s House of Assembly by the Lagos State Governor Akinwunmi Ambode. According to the governor, the budget will be used to consolidate on infrastructure, education, transportation/traffic management, security and health with an added emphasis on mandatory capacity building for civil servants, all teachers in public secondary / primary schools, officers in the health service sector, women

BUSINESS TIMES Business Editor Ganiyu Obaaro Asst. Business Editor Simon Ugwu Capital Market Editor Bonny Amadi Money Market Correspondent Motolani Oseni

Ïj ƍƄ ƂƆƉƆƎ ƎƄ ƟƢƟ ƍ ƕ and youth empowerment, alongside Medium and Small/Micro Size Entrepreneurs (MSMSE’s). The proposed budget amount represents an increase of 28.67 per cent over Y2017 budget with the following key components: Recurrent Expenditure - N347.039bn, Capital Expenditure - N699.082bn, Capital/Recurrent Ratio - 67:33 According to the governor, “The estimate of total revenue for year 2018 is N897.423billion of which N720.123billion will be generated internally. A total of N148.699billion will be sourced through deficit financing within our medium-term expenditure framework. “Our investment in new technology and the reforms put in place will galvanize the efficiency of our revenue collection from our citizens. The highlights of sectoral allocation for Y2018 include; General Public Services N171.623billion, Public Order and Safety N46.612billion, Economic Affairs N473.86billion, Environmental Protection N54.582billion, Housing and Community Amenities N59.904billion, Health N92.676bn Recreation, Culture and Religion

N12.511bn, Education N126.302bn, Social Protection N8.042bn.” He stressed that the Y2017 had been quite challenging due largely to the recession that hit the nation’s economy. He said, “To get a clear picture of the economic challenges that have confronted our government, it is necessary to restate some important indicators. Crude oil prices have been dwindling from $US100.40 in 2014, $US 52.65 in 2015, $US43.81in 2016 to $US46.39 in 2017. Exchange rate increased from N156.44 in 2014 to N305.24 in 2017. The impact of this has been a sharp reduction in the inflow from the (Federal Government) Federation Account and a huge increase in the cost of project delivery.” He said despite this situation, his government had been able to initiate and deliver more high quality and high impact projects; more than ever before. He said this was achieved using a mix of astute financial management and prudency; increasing internally generated revenues, adequate allocation of resources across all sectors and an all-inclusive governance

approach. He reiterated that it was significant to note that his administration had not contracted any new external loan to fund projects since his assumption of office. “We have only completed transactions which were already in place before we assumed office. “ This administration inherited external loans from various past administrations which make up 60 per cent of all our loans. This figure is made up of some loans that have been running since 1989, about 30 years ago, and were contracted at an average of N80 to $US1. Today, these loans are being repaid at an average rate of N305 to $US1 translating to 205 per cent increase in the loan repayment rate. “The state has incurred huge exchange losses on its external loans in this year 2017. The exchange loss represent 35 per cent of the state external loans stock due to exchange rate slump of the Naira from N197.50 to $1 to N305 to $1. This is one of the side effects of an economy in recession. “Irrespective of these losses, it will be inappropriate to say that Lagos

state has a high debt burden when situated with the level of development and infrastructural growth enjoyed presently by the state. We are certain that the loans have continually been used for the wellbeing of all Lagosians. “Despite the additional burden arising from devaluation of the Naira, our debt service ratio remains very strong on the back of our impressive revenue performance. The state’s net debt stock of N874.38bn represents just about 3 per cent of the state GDP, while the sebt service charge to Revenue ratio stood at 15.61 per cent compared to 13.32 per cent in 2016 and 12.45 per cent in 2015. I am proud to report to you that, today, your state remains financially strong and the most vibrant economy in the Nigerian landspace,” governor Ambode said. He equally noted that the state average contribution to the National Gross Domestic Product (GDP) from 2015-2017 remains strong at about 30 per cent. “It is our resolve in Y2018 to strive and complete all on-going projects in order to meet their specified completion period and embark on new strategic projects. We intend to improve on our Internally Generated Revenue (IGR), in the face of the dwindling accruable revenue allocation from the Federal Government, sustain our vision on wealth creation and poverty alleviation. As we commence our Cleaner Lagos Initiative Programme, I strongly appeal to all citizens to embrace the Public Utility Levy that will commence in January 2018 for a cleaner, healthier Lagos,” he said.

Business News B2

Daily Times Nigeria Tuesday, December 12, 2017

Ogun vows to sanction warns street trading

Traders displaying wares on pedestrian walkways and flower beds on roads in Ogun State may be in for a tough time, as government has declared that such defiant traders stand the risk of having their wares confiscated, apart from paying fines, if caught by the environmental task force team. The Commissioner for Environment, Mr. Bolaji Oyeleye, who made this known during an enforcement tour to major markets in the state, said government would no longer tolerate the act of indiscriminate display of wares on the pedestrian walkways and flower beds as this could pose danger to their lives and those of other road users. The Commissioner, represented by the Head of team A, Sanitation Task Force, Alhaji Owolabi Oduntan said government was more perturbed by the fact that such traders ignorantly expose themselves to danger as trading at unapproved places put them in risk of accidents and other road mishaps. Oyeleye said, ‘’anybody caught disregarding this warning will be made a scapegoat to serve as deterrent to others. Government has provided shops and stalls for traders in the State, we are all out now to put a stop to this illegal acts.’’ Some of the traders who pleaded anonymity expressed optimism that the steps taken by the government was a welcome development, as it would clean the city off the walkways and flower beds which bent on displaying their wares on these places. It would be recall that the state government on several occasions had warned traders to stop displaying their wares on the pedestrian walkways, flower beds and other unauthorized places in the State.

577 firms bid for NNPC’s insurance renewal programme Ganiyu Obaaro, with Agency report The Nigerian National Petroleum Corporation (NNPC) said that 577 firms have indicated interest to secure the insurance renewal contract for its oil and non-oil assets. In a statement signed by Mr. Ndu Ughamadu, Group General Manager, Group Public Affairs Division, on Sunday on Abuja, it said the bidding was part of corporation’s effort to ensure transparency. The News Agency of Nigeria(NAN) reports that Ughamadu quoted the NNPC

Group General Manager, Risk Management and Insurance, Mr. Modupe Bameke to have said that the bidding was also a requirement of the Bureau of Public Procurement (BPP “The essence of this public bid opening is to ensure that the Corporation complies strictly with the provisions of the Bureau of Public Procurement Act (BPP). “ All the bids will be opened in the presence of everybody to ensure that all entries are properly captured in line with the transparency principle of the NNPC,” he said. Also, the Group General Manager, Supply Chain Management, Mr. Shehu Liman, in-

formed that the public opening bids measure was aimed at providing a level playing field for all bidding companies. “The idea is to select broking and insurance companies that are credible and capable with track records of performance. What this means is that we are going to eliminate all those transactions that are not necessary,” he added A breakdown of bidders shows that 245 brokers tendered for oil assets, 251 brokers tendered for non-oil assets while 37 insurance companies tendered for oil assets and 44 tendered for non-oil assets. Representatives of the com-

panies which tendered bids for the NNPC Insurance renewal programme in whose presence the bids were opened applauded NNPC for sustaining the culture of transparency and accountability through the exercise. The bid opening event had in attendance officials of the Bureau of Public Procurement (BPP); Nigerian Extractive Industry Transparency Initiative (NEITI); Nigerian Content Development and Monitoring Board (NCDMB); and National Insurance Commission (NAICOM) as well as members of the civil society who served as independent assessors.

NIMASA DG assures defense ministry of partnership Ï ƍƊƓè M ƐƓè Ɔƍ 0 ƍƃƄ Ƒ ƍƈƆ Ǝ Ƒ ƍƕ ƕƄƐƄƉ ƋƆ LƆƉƆƎ ƍƓ Ƒ ƍƄ é yL R ƍ

Ganiyu Obaaro

The Director General of the Nigerian Maritime Administration and Safety Agency, (NIMASA) Dr. Dakuku Peterside has stated that the Agency is ready to partner with the Defence Research and Development Bureau for the growth of the Nigerian maritime sector. He said research is a catalyst to attain sustainable development, and therefore deserve critical attention to flourish. A statement by the Head, Corporate Communications, NIMASA, Isichei Osamgbi, Peterside, who stated this when the Director General of the Defence Research and Development Bureau, Air Vice Marshall (AVM) Jomo Osa-

hor led his team on a courtesy visit to NIMASA in Lagos, noted that what makes a great organization is the ability to initiate new processes based on detailed research, which will in turn guarantee sustainable growth with a positive multiplier effect on the nation. Speaking further, the NIMASA DG reemphasized the need to develop indigenous capabilities to build armored and ballistic vessels amongst others, which will be specifically designed to suit the Nigerian geographical terrain. This he explained is the only way to reduce dependence on western supplies which may not necessarily suit the Nigerian waters. According to the statement, “It is only when the research capabil-

ities of the armed forces is fully developed that we can maximize our military powers. We are now more knowledgeable that not everything in the country is imported. Yes, we cannot accomplish all over night, but with sustained efforts we will be there and even surpass them”, the DG said. While also using the opportunity to commend the efforts of the Armed forces of Nigeria for its doggedness in ensuring the territorial integrity and sovereignty of Nigeria through their commitment, he assured them that NIMASA will continue to remain a partner in progress for the good of our country Nigeria. “On our part as NIMASA, we are open to all forms of developmental initiatives that can help

better our maritime sector, especially in the area of maritime security. Therefore in your quest to partner other organisations and institutions, consider NIMASA as your number one partner in progress all for the growth and development of the maritime sector and the nation as a whole,” Dakuku stated. Earlier in his remarks, the Director General of the Defence Research and Development Bureau, Air Vice Marshal (AVM) Jomo Osahor, stated that before now, the various Services in the armed forces worked independently by venturing into one innovation or another, but got little results. Accordingly, he stated that this gave rise to the establishment of the Defence Bureau comprising

of the Army, Air Force and the Navy, which has given room for more co-ordinated efforts by the armed forces, thereby achieving the desired results. “It is high time we take up innovative challenges to find a solution to the country’s challenges”, AVM Osahor said. He noted that the Bureau is willing to partner with indigenous companies that can fabricate gunboats, rather than purchasing and importing western equipment. This he said will also help the Federal Government’s quest to create job opportunities in the country, which will further stem the tide of insecurity and restiveness amongst the youths. He appealed to NIMASA to join hands with the Bureau in the area of research in order to find innovative solutions to the challenges facing the country.

Daily Times Nigeria Tuesday, December 12, 2017

Kwara votes N200m for rural road projects Kwara State Governor Abdulfatah Ahmed has said that he has earmarked N200 million as counterpart fund in the 2018 budget for the construction of over 300 kilometres of rural roads across the state. Ahmed said this in Esie, Irepodun Local Government Area of the state, at the 30th coronation celebration of the Elesie of Esie, Oba Yakubu Egunjobi II. The governor said the counterpart fund would enable government access N1.83bn from the World Bank to build more roads in rural communities. According to the News Agency of Nigeria(NAN), Ahmed, who was represented by the Commissioner for Agriculture and Natural Resources, Mr. Goke Bamidele, said his government would accord priority to rural road projects next year. “Permit me to use this medium to reiterate my administration’s commitment to the people of Kwara, including those living in rural communities. “In line with our commitment to rural development, the state government will place more attention on the construction of rural roads in the coming year,’’ he said. Ahmed, however, urged the traditional institution in the state to assist the government in the maintenance and sustenance of peace and harmony in rural areas. He also said that the administration would give priority to the welfare of monarchs in order to ensure enduring peace in local communities. The monarch in his remarks expressed urged his subjects to promote peaceful co-existence and support a developmental agenda that would propel the community to greater heights. Highlight of the occasion was the conferment of a chieftaincy title on the Special Adviser to the Governor on Agriculture and Rural Water Support Services, Chief Anu Ibiwoye, and his wife, Funmi.

Business News

Atiku’s firm, ‘Intels, seeks to stop deportation of expatriate workers

Andrew Orolua, Abuja.

Intels Nigeria Limited, a firm owned by the former Vice President, Atiku Abubakar, who recently dumped the President Muhammadu Buhari- led ruling All Progressives Congress9APC) party for the Peoples Democratic Party(PDP) has asked for approval from the Federal High Court to file for a judicial review of Federal Government’s decision that revoked the residence/ work permits of 102 expatriate with firm. The suit, marked: FHC/ABJ/ CS/1180/2017, dated November 24th, 2017, and filed on behalf of the firm Intels Nigeria Ltd by Adeniyi Adegbonmire (SAN). Specifically, the suit is challenging the decision of Muhammed Baband-

ede, the Comptroller General of Immigration, the only respondent in the suit, who, on 15th November, 2015, issued a press statement that the residence/work permits of Intels. expatriates had been revoked. Babandede further issued a directive that the said persons should leave the Nigerian territory on or before November 30. The action filed by Intels was pursuant to Order 34 Rule 3 of the Federal High Court (Civil Procedure) Rules, 2009. However, the matter which was for mention on Monday, could not go on because of he absence of legal representation for the respondent. Adegbonmire who announced appearance for Intels told the court that hearing notice and the order asking the respondent to show cause why the reliefs being sought by the ap-

plicant should not be granted were served on the Immigration boss. In view of this, the presiding judge, Justice Ahmed Mohammed adjourned the matter to January 10, 2018. Specifically, the applicant is asking the court to declare that the decision of Nigerian Immigration “is unlawful, unconstitutional, wrong and void ab initio”. More so, Intels wants a declaration that the respondent acted ultra vires when he proceeded to issue or authorized/directed the issuance of a press release dated the 15th day of November, 2017 with reference No. NIS/HQ/PRU/267/V.1 to the effect that the residence/work permits of the expatriate staff of Intels, stand revoked, and further issuing a directive that the said persons shall leave the territory of the Federal Republic

L-R: DSC_2453: Hon. Eta Mbara; Hon. Zakariyu Mohammed Galadima; Engr. Braimoh Ogunwale, GM, Dangote Cement Plc; Hon. Suleimon Yahaya- Kwande; during members of House of Representative Committee on Local Content, visit Dangote Sugar Refinery PLc in Lagos.

Rice production gets a boost as Buhari inaugurates mill in Kano Ladesope Ladelokun In what could be best described as a major boost to local rice production, and in the country’s quest to attain self-sufficiency in rice production and reduce importation of the commodity to the barest minimum, a new 288 metric tonnes per day capacity Amarawa Rice Mill has been inaugurated in Kano. As part of activities marking his official visit to Kano State, President Muhammadu Buhari (GCFR), on Thursday December inaugurated a new state-of-theart Rice Mill factory located at Amarawa Village, in Gezawa Local Government Area of Kano State. Owned and operated by Ama-

of Nigeria on or before the 30th day of November, 2017, without first giving the applicant or the said persons the opportunity to be heard. “A declaration that the failure of the respondent to communicate with the applicant or to formerly notify the applicant of his decision as herein before stated prior to the revocation or purported revocation of the residence/work permits of the expatriate staff of the applicant is unlawful and wrong. “An order of certiorari quashing the decision of the respondent, as conveyed in the Nigeria Immigration Service Press Release dated 15th November, 2017 with reference NIS/ HQ/PRU/267/V.1 and written under the hand of the Service Public Relations Officer of the Nigeria Immigration Service upon the directions and authorisation.

rava Agro Processors Limited, a subsidiary of Fullmark Group, the new factory is the first made in Nigeria Rice Mill with all fabrications and installations of the factory made in Kano with almost 100 per cent local content. Speaking during the inauguration of the factory, President Muhammadu Buhari commended the management of Fullmark Group for its effort, which he noted is in line with the agricultural revolution of his government to reduce importation of rice by encouraging local farmers and investors. President Muhammadu Buhari noted that investment in Rice Mills would encourage and boost the confidence of the local rice farmers and a right step in

Ajibola

the right direction in moving Nigeria closer to complete independent from importation of rice and improve food security across the country. He explained that, “Nigeria’s continued dependence on rice importation has put a strain on the economy as well as the nation’s food flow as a substantial amount of our foreign exchange goes into rice importation yearly. With this mill in operation, Nigeria would continue to progress towards food self-sufficiency.” Also speaking at the inauguration of the factory, the chairman of Fullmark Group Mr. Sriram Venkateswaran revealed that the entire idea of the project was conceived, designed, manufactured, executed from start-to-finish in

Kano, Nigeria. Explaining the production capacity of the factory, Mr. Sriram disclosed that Amarava Agro Processors Limited has the capacity to produce up to 288 metric tonnes of top quality per-boiled rice per day when operating in full capacity but its currently producing 250 metric tonnes per day. While commenting on the quality of the Rice produced from the mill, Sriram said, “Our rice is best in class in terms of quality which is comparable to the best available anywhere in the world and is often compared to Thai Rice.” He further revealed that beyond being the first made in Nigeria Rice Mill facility, the Amarava Agro Processors Limited

Rice Mill is the first to be fully equipped with the capacity to convert waste to energy. “We use the steam from the mill to drive steam turbines which generates about 500 KVA of electricity which is used in powering the factory and this is why we say that at Amarava, we believe in producing more and conserving more” he added. Mr. Sriram then commended President Buhari’s led Government for its sustained efforts in empowering farmers and enriching the nation through well thought-out agricultural developmental policies. He assured the President that the company would continue to support the effort of the government to enhance and stabilize food production in the country. In his own remarks at the occasion the Governor of Kano State,

B4 Money Market

Daily Times Nigeria Tuesday, December 12, 2017

Why Access upgrades mobile, Internet banking platforms Access Bank Plc has upgraded its Mobile and Internet banking platforms to provide an Omnichannel experience alongside a range of new and exciting features. The Omnichannel experience simply means customers of the 2017 Karlsruhe Outstanding Business Sustainability Award winner would enjoy a seamless and consistent interaction with the Bank across multiple channels. With this new upgrade, customers can now sign-in to the mobile and internet banking platform with the same user details. Also beneficiaries and other information stored on one channel are available for use on the other channels. Furthermore, additional features have been added with the aim of making banking convenient as ever for the Bank’s customers. Some of these features include: standing orders for recurrent transactions like bill payments , top up, fund transfer and lots more. It also enables customers to purchase airtime directly for a friend from the phone contact list, manage cheque, receive targeted product campaigns, as well as analysis and tracking of monthly spend and use of MVisa. Speaking on the development, Maryann Ezechukwu, Group head, Channel Services said the upgrade revalidates Access Bank’s focus in creating disruptive innovation that creates value. “As a Bank, we appreciate our customers and we recognize the importance of convenience and ease of use to them hence our continuous engagement with customers and creation of value which results in regular updates of the mobile and internet banking platforms premised on our customers speaking and us listening”, she added. During the year, the Bank deployed a set of new features such as movie tickets, quick top up, quick transfer, cardless withdrawal, among others. Ojini Olaghere, Executive Director, Operations and IT, said, “The upgrade only goes to confirm our consistency over the years in delivering superior value to our stakeholders in line with our vision to be the world’s most respected African bank. The upgrade reflects our commitment to the core values of innovation, professionalism and devotion to excellence in our operations and service delivery.”

Edo State Governor, Mr. Godwin Obaseki (right); Commissioner for Agriculture and Natural Resources, Monday Osaigbovo, (2nd left); Commissioner for Finance, Hon. Osagie Inegbedion (middle); Special Adviser on Agriculture, Prince Joe Okojie (2nd right); Managing Director, Edo Geographic Information System Agency, Architect Frank Evbuomwan (left), during the inauguration of the Committee on Commercial Agricultural Credit Scheme.. in Benin City

Naira gains at official forex market as NAFEX records $209m turnover Stories by Motolani Oseni

The Nigerian currency, Naira on Monday, gained further at the official foreign exchange market, with the new closing rate of 306.35 compared to 306.40 to the US Dollar sold on Friday. Even as the Nigerian Autonomous Foreign Exchange (NAFEX) window closed the day with a total transactions turnover of $209.05 million. Contrary to this development, the naira at the parallel market segment of the forex market extended its losing streak against the Pound sterling to close at 483, which was weaker than 480 sold over the weekend. The local currency remained firm against the Dollar and Euro at an unchanged rate of

363 and 427, respectively, at the unofficial forex market. However, total transaction turnover declared in the NAFEX window in the last two weeks stood at $1.86 billion a decline of $316.1m from the total value of $2.17 recorded during the same period of Monday 13, November to Friday 24 of the same month. 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 and 426, traded respectively, at the parallel segment of the forex market. The breakdown of the exchanged value showed that the NAFEX window during the first week considered re-

corded 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 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. Meanwhile, the Nigeria’s direct remittances has recorded a whopping appreciated figure of N1.6 trillion in the space of eight months, considering the estimated balance of N1.8 trillion or $5.8 billion, in September compare to N169.5 billion or $555 million 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. But rebounded to N227.9 billion 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.

AFREXIMBANK identifies challenges impeding intra-African trade The Executive Vice President for Business Development and Corporate Banking, African ExportImport Bank (AFREXIMBANK), Amr Kamel, has identified limited knowledge about trade opportunities in African countries constitutes the greatest impediment to the growth of intra-African trade. Kamel, who was contributing to a panel of discussion at the Africa 2017 Forum in Egypt, said this was contrary to popular opinion that lack of infrastructure posed the biggest challenge to intra-African trade. He disclosed this in an email statement by the spokesperson of the bank, Obi Emekekwue, that the main drawback to growth in trade in Africa was actually lack of information about trade opportunities in other

African countries. He said a recent study co-sponsored by AFREXIMBANK showed that some African countries were importing certain products at high costs from outside Africa than the same products being imported from nearby African countries. Mr. Kamel noted that the fact that Africa was able to attain the current level of overall trade with existing infrastructure meant the challenge to intra-African trade was more than lack of adequate information. African countries, he stated, were gradually beginning to realise that intra-African trade held the key to Africa’s development than many other issues. He highlighted the efforts by AFREXIMBANK towards overall

trade growth in Africa, including building certification centres to help address the issue of poor quality of goods produced in African countries. “Having the goods certified to international standards would make them acceptable exports into the international markets,” Mr. Kamel said. The Minister of Finance of Jamaica, Timothy McPherson Jr., said Africans in the Diaspora were key to the continent’s economic integration, since its members see investment in Africa in terms of the entire continent, rather than segmentation into countries and regions. Meanwhile, AFREXIMBANK and Egyptian bank, Attijariwafa Bank, signed a memorandum of understanding, MoU, to enable them collaborate in developing an enlarged

framework for cooperation in trade across Africa. The president of AFREXIMBANK, Benedict Oramah, signed the agreement with the Chairman/CEO of Attijariwafa bank Group, Mohamed El Kettani, to ensure active participation of Attijariwafa bank in AFREXIMBANK’s equity and treasury base. The agreement would also allow both bank to cooperate through the use of excess liquidity for placements under AFREXIMBANK’s deposit schemes aimed at financing trade across Africa. They will also cooperate in facilitating the identification, preparation and co-financing of projects related to their respective areas of activities and in co-financing trade through the provision of line of credit confirmations.

In line with the agreement, Attijariwafa bank would act as a local administrative agent for AFREXIMBANK through its network in 15 African countries. The two parties also agreed to collaborate in building capacity and sharing information and staff. “This MoU opens up the potential for our two institutions, working together, to make significant contributions toward unlocking the full potentials for delivering the much-needed developmental impact on our continent,” said Mr. Oramah, said. “The MoU sets up a long-term strategic partnership between AFREXIMBANK and Attijariwafa bank as an integral part of our Intra-African Trade Initiative and will enable us to cooperate in providing innovative trade finance solutions,” he added.

Daily Times Nigeria Tuesday, December 12, 2017

B5 Labour

Senator alleged to have helped Ogun residents, unions decry extortion, revoked LITFC concession Facts are beginning to emerge as to how a serving Senator Adeola Solomon Olamilekan, the Chairman, Senate Adhoc Committee on alleged misuse, under remittance and other fraudulent activities in collection, accounting, remittance of IGR by revenue agencies, played an active role in the takeover of the Lagos International Trade Fair Complex (LITFC) by his committee. Olamilekan, who is better known as Yayi; and representing Lagos West Senatorial District at the Senate, was said to have ambushed the director general of BPE, Lagos International Trade Fair Complex Executive Director, Mrs. Lucy Ajayi, the Inspector General of Police, and the DG of DSS to explain why the complex was not taken from the concessionaire, Mr. Nicholas Eze of Aulic Nigeria Limited, whose concession agreement was revoked in August 2017. It will be recalled that the former concessionaire refused to remit a dime into the coffers of the government since the concession was signed in 2008. According to Mrs. Ajayi, who is the new executive director/

chief executive officer of LITFC, Aulic was owing the government N6.5 billion being lease fees since 2008 till August 2017 when the concession agreement was terminated. She applauded the Senator and members of his committee for using their good offices to ensure that the complex was taken over using the IGP to eject Aulic out of the complex two months after the concession was terminated, following its refusal to hand over to the new ED/CEO as directed in the letter of termination of the concession. She also thanked the Vice President, Prof. Yemi Osinbajo, who as the chairman of National Council for Privatization (NCP) for cancelling the concession agreement over breach of lease agreement and the Senator for letting the LITFC and its stakeholders off the grips of Aulic. “We are really grateful,” she said at a press conference organized recently to intimate the world that a new management headed by her has taken over the affairs of the complex which houses the popular ASPAMDA and other shops.

harassment by electricity provider

Ladesope Ladelokun

Residents of Ado-odo Ota, Ifo and Ewekoro areas of Ogun state recently berated Ibadan Electric Distribution Company for allegedly engaging the services of soldiers to harass residents in the name of collecting electricity payments. Worried by what they described as the distribution company’s highhandedness and the injustice they have suffered, the residents and some trade unions lament the use of soldiers to unleash terror on the people of the area despite DISCO’s failure to provide prepaid meters. Hence, a human right group, Balance Measure Impact Initiative(BMII) had charged the distribution company to court, joining the Nigerian Army as respondents. The president of the group, Engr.

Adedayo Komolafe condemned the Ibadan distribution company for alleged extortion and the inhuman treatment meted out to residents over payment of electricity bills. “ They supply electricity worth of N100 and bring outrageous bill of N10,000. This has been their practice as they keep giving estimated electricity bills,’’ he said. On his part, the state chairman of the group, Otunba Lukman Odewole, said it was appalling that despite the distribution company’s failure to supply consumers with free prepaid meter, the DISCO has resorted to violence against consumers. “ Communities in Ado-odo Ota Local Government Area have recorded the highest number of this inhuman cases. Normally, the electricity bill we pay covers expenses for pole,meters and transformers, we don’t know

why the distribution company is now charging us for prepaid meters separately,’’ he said Also, a representative of Welders’ Association, Mr. Olusola Sufian, condemned the activities of the distribution company, saying they come with soldiers to forcefully disconnect their transformers. District Coordinator of the affected three local governments, Mr. M. O. Adeyemi said the people of the local governments are frustrated, as several letters had been written to the distribution company for prepaid meter, without any response. Meanwhile, hearing of the case filed against Ibadan Electricity Distribution Company and the Nigerian Army has been adjourned to January 30, 2018, owing to the absence of the respondents on December 4, 2017, at the State High Court, Ota, Ogun state.

Federal Civil Service Commission disowns job recruitment advert Myke Uzendu, Abuja

The Federal Civil Service Commission (FCSC) has distanced itself from an on-line job advert credited to the Commission, saying that it is not recruiting. The online media since December 7th, informed the public of an existing job recruitment carried out by the commission and also gave out an online link where applicants can apply for the available vacant positions. But, in a statement signed, Dr. Joel Oruche, the Deputy Director, Press and Public Relations, in Abuja, the commission attributed the announcement to online criminals and fraudsters, telling innocent job

Chris Ngige

seekers not to fall prey to their plans. According to him, the on-line recruitment advertisement purportedly published by the FCSC is not true and should be disregarded. The statement reads, “The attention of the Federal Civil Service Commission has been drawn to a recent online advertisement of job vacancies by the Commission in the media. “Members of the public are hereby informed that NO such advertisement emanated from the Commission. “The Commission only advertises vacancies in the newspapers and on its website www.fedcivilservice.gov.ng. “We wish to advise members of the public to always visit our authentic website for advertisement and any other necessary information from the commission.’’

Rivers people in mass protest against SARs, demand sack and prosecution of SARs Commander, Akin Fakorede

15 years after liquidation: Ex-Nigerian Airways workers to protest non-payments of benefits Chukwuemeke Iwelunmo

Nigerian Union of Pensioners NUP ex - Nigeria Airways branch will Wednesday protest the non payment of their severance benefits after over fifteen years of liquidation of the airline by the administration of Olusegun Obasanjo. Daily Times investigation revealed that the ex - workers, will carry out the exercise in Lagos, Abuja and London to press home their demand for government to meet their demand. A source told correspondent that that the government was insincere about its plan to pay them haven met all their requirements. Former workers and pensioners of the liquidated national carrier, numbering 200 had two months ago staged a protest along the Lagos Airport Road over failure of government to pay their severance benefits running into N78 billion. The protesting workers and pensioners blocked the busy airport road occasioning traffic gridlock. According to one of the coordina-

tors of the protest, the protest is part of efforts to draw government attention to their plight as many of them have died, others homeless after government liquidated the airline in 2003. According to National chairman, Nigerian Union of Pensioners, Nigeria Airways, Comrade Sam Nzene recently told our correspondent that former workers and pensioners were kept in the dark over delay in payment of their entitlements. He said Buhari and the Minister of State, Aviation, Hadi Sirika were been kept in the dark over modalities for the payment. The former Airways workers and pensioners recently marched from the premises of Skypower Catering Limited, opposite the Air Force base to the entrance into the domestic wing of the general aviation terminal, displaying placards. Thousands of former workers of the liquidated airways have died while waiting for their pension and severance benefits in full. “Our members are dying daily

minister of finance come to our aid. Some of our members are homeless.” One of the ex - workers said. The Federal Executive Council meeting had 20th September, 2017 announced the immediate payment of N45 billion ex-workers/pensioners of the defunct Nigeria Airway Limited (NAL). According to the pensioners, it is now almost three months since the approval for payment was announced and no progress has been made. Going by general understanding, the pensioners said that immediate payment as prescribed by the government should mean not more than two weeks. In the official document earlier signed by the Chairman, Comrade Segun Feyisetan and the Secretary General, Comrade Thomas Ojuderi, the NAL pensioners said that Presidential Initiative on Continuous Auditing (PICA) which was saddled with the responsibility of effecting this payment has not contacted the union about this payment since the announcement was formally made.

Capital Market B6

Daily Times Nigeria Tuesday, December 12, 2017

L – R: Mr Babalola Obilana, Executive Director, Business Development & Service, Stanbic IBTC Asset Management Ltd; Mr. Bola Adeeko, Head, Corporate Services Division, The Nigerian Stock Exchange (NSE); Mr. Oscar N. Onyema, OON, Chief Executive Officer, NSE; Mr. Akeem Oyewole, Acting Chairman, Stanbic IBTC Asset Management Ltd; Mrs. Bunmi Dayo Olagunju, Chief Executive Officer, Stanbic IBTC Asset Management Ltd; Mr. Shuaib Audu, Executive Director, Investment, Stanbic IBTC Asset Management Ltd and Mr. Tony Ibeziako, Ag. Head, Capital Markets Division, NSE during the Memorandum Listing of Stanbic IBTC Mutual Funds and Closing Gong Ceremony at The Exchange...on Monday.

Stories by Bonny Amadi Operators in the Nigerian capital market have called for alignment of licensing processes by regulators by ensuring a centralized license for all market operators. According to the stakeholders, single licensing from the Central Bank of Nigeria (CBN), the Securities and Exchange Commission (SEC), the Nigerian Pension Commission (PENCOM) among other regulators, would facilitate a more robust and deeper financial market, as it would enable them access discount window. The operators are currently being regulated by the Securities and Exchange Commission and they are cut out of the Primary Auction Market for Treasury Bills. Speaking during a recent capital market stakeholders’ event in Lagos,

CBN’s single licensing to ease discount window access, say operators the Group Managing Director of Dunn Loren Merrifield, Mr. Sonnie Ayere, said the access will boost liquidity of the operators in the market. According to him, the reform will provide a much stronger platform for market based financial intermediation to thrive, ensure that they are well capitalised and regulated. Ayere, who is the President of Association of Issuing Houses of Nigeria explained that issuance of a combined Capital Market Dealing Lincense will reduce the numbers of licenses being issued. He said, ‘We are proposing that

NSE ASI returns 47.11% as SEC reiterates commitment to transparency The Nigerian Stock Exchange All-Share Index (NSE ASI) as at Thursday, December 7th , 2017, has returned 47.11 per cent as at Thursday, 7th December, 2017, a feat described as a remarkable recovery for the Exchange. This was revealed by the Acting Director General, the Securities and Exchange Commission (SEC), Dr. Abdul Zubair, weekend in Lagos during the 2017 annual workshop of the Nigerian capital market Correspondents. He reiterated the commission’s commitment to enthronement of transparency, accountability and efficiency in market operations in line with global standard, adding that the media plays important role in fostering orderly and efficient market. “The Commission wishes to assure the investing public and all stakeholders of its commitment to ensuring an uninterrupted and orderly operation of the market and the regulations thereof. In this regard, the role of the press is critical to achieving these objectives” Zubair said 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. According to him, total equities transactions in the secondary market rose by 78.6 per cent to N1.655tn between 2016 and September 2017, foreign transactions increased by 47.31 per cent during the period The FMDQ, re revealed as at Aug’17 recorded a total turnover of N12.9trn and N12.18trn in Oct’17 with Treasury Bills dominating activities, while the trade value by NASD was valued at N352.42m in Oct. 2017, 22.4 per cent higher than the level for January 2017. According to the SEC’s acting DG, the growth recorded in all spheres of the capital market was driven by the commission’s commitment to deepening the market The commission, he said, abhors any form of unethical practices and would wield the big stick on any identified regulatory breach, adding “Accordingly, the Commission is poised to continue to ensure the stability of the Nigerian Capital market and maintain the high level of investor confidence observed in the market. We are always available to provide clarification on any issue” Speaking on the workshop theme” Deepening the nation’s capital mar-

the CBN allow capital market institutions with the requisite capital (as agreed by CBN) access to Primary Auctions on behalf of themselves and their customers. “Discount Window access can then be given to such operators to be able to discount for liquidity purposes all instruments normally acceptable to the Central Bank of Nigeria.” He stressed that the CBN shouldn’t focus only on commercial banks, saying that the combined capital base of issuing houses, stockbroking firms is not up to the capital base of a smallest bank in the country. The Vice President and Divisional

Head, Corporate Planning, Kaodi Ugoji, who spoke on the same topic, noted that the country has been affected by illiquidity, lack of regulatory framework and high focus on reisk-free securities. Ugoji added that because of illiquidity in the market companies are borrowing short term funds to finance long term projects, saying that there is need to introduce measures to enlarge the domestic institutional investors base, particularly through pension sector reforms. According to her, the importance of a strong and viable domestic capital market as an alternative source of

finance in emerging economies has been affirmed by the success it has enjoyed in countries such as Brazil, Malaysia, Russia, India and China. “With government economic reforms running at full throttle, prospects are high for the sustained development of the Nigerian Capital Market as a viable tool for driving Nigeria’s economic growth. “Countries that have successfully leveraged the capital market for economic growth have a number of similar characteristics, some of which include: large domestic institutional investor base, developed infrastructure, macroeconomic stability, etc. Nigeria must therefore implement some of these initiatives in order to further deepen its capital markets for economic growth,” she added.

NBL: Jordi Borrut becomes new MD Adesola Afolabi

Nigerian Breweries Plc has announced the appointment of Mr. Jordi Borrut Bel as the Company’s Managing Director/CEO. The company in a statement on Monday said ‘’The Board has informed the Nigerian Stock Exchange of the appointment and is confident that Mr. Borrut Bel’s track record and broad experience stand him in a very good position to drive Nigerian Breweries Plc’ strategy and consolidate its leadership position in the Nigerian market.’’ The appointment takes effect on January 22, 2018. Mr. Borrut Bel will succeed Mr. Johan Doyer who has served as Managing Director/CEO on an interim basis since June 16, 2017. Mr. Borrut Bel is currently the Managing Director of HEINEKEN’s subsidiary in Burundi, Brarudi S.A. and a Board member of Bralirwa Limited, Rwanda, also a HEINEKEN subsidiary in Rwanda. Mr. Borrut Bel joined HEINEKEN Spain in 1997 as Sales Representative and subsequently held increasingly senior management positions in different countries, first as Distribution Proj-

ect Manager in Slovakia, Brand Manager in France and Trade Marketing Manager at the Head Office in The Netherlands. In 2006, he returned to HEINEKEN Spain where he evolved in the organization and eventually became the On-Premise and Distribution Director and a member of the Management Team. Mr. Borrut Bel was appointed the Managing Director of Brarudi S.A. in 2015 and has successfully led the

company through a very turbulent period, strengthening the company’s route-to-market and launching successful innovations. In a related development, the Company has also announced the resignations of Mr. Victor Famuyibo (Human Resource Director) and Mr. Hubert Eze (Sales Director) from the Board with effect from January 27, 2018 and January 31, 2018 respectively. While Mr. Famuyibo’s resignation follows from his attaining the Company’s mandatory retirement age of 60 years, Mr. Eze’s resignation is preparatory to his taking up a higher role in the HEINEKEN organisation. The Exchange was further notified that Mrs. Grace Omo-Lamai and Mr. Uche Unigwe have been appointed as part of the Management Team of the Company in the positions of Human Resource Director and Sales Director respectively. Mrs. Omo-Lamai joined the Company on October 23, 2017 from Nigerian Bottling Company Ltd, where she was the Director of Human Resources. Mr. Unigwe, on the other hand, joined the Company in 1989 as a Trainee Brewer. He is currently the General Manager, HEINEKEN East Africa, based in Nairobi.

B7 Energy

Daily Times Nigeria Tuesday December 12, 2017 Stories by Simon Ugwu The World Bank on Tuesday, said it has made available a $350 million loan to Nigeria to develop off-grid power projects in her rural communities. Speaking at the ongoing Action Learning Event on Upscaling Mini-Grids for Low-cost and Timely Access to Electricity in Abuja, the Banks’ Nigeria Country Director, Rachid Benmessaoud, said a lot of the $350 million loan would go to the private sector to support their works in the off-grid power sector. The bank said this at the same time Nigeria’s Federal Government disclosed it would by 2020, generate up to 3,000 MegaWatts (MW) of electricity with about 10,000 community-based minigrid projects to electrify rural homes. Represented by the World Bank Global Lead, Energy Access, Mr. Mac Cosgrove-

$350m World Bank’s facility for Nigeria’s off-grid power Davies, Benmessaoud said: “With regards to the question on the loan, yes indeed this is a loan to the government.” “That said, the Rural Electrification Agency (REA) will be the implementing agency for the loan and much of the funds will actually be going to the private sector. A lot of the funds that go from the World Bank to the government will be provided to the private sector,” Benmessaoud stated. He earlier said during the opening session of the conference that globally, more than one billion people lack access to electricity. According to him, “Sub Saha-

ran Africa is home to about 600 million of these. In Nigeria, 80 million people are without access and millions more suffer from poor service. REA expects minigrids to fill a substantial portion of that gap covering up to 8,000 villages nationwide.” Speaking on how the $350m loan would be used, the Managing Director (REA), Mrs. Damilola Ogunbiyi, said $100m of the money would be spent on minigrid development. She stated: “The total loan amount for the electrification programme is $350m, of which $100m of that is going to be dedi-

cated to mini-grid development. As for the total quantum of electricity being targeted with the 10,000 mini-grids, we are trying to achieve 3,000MW. “Some sites could be 150 kilowatts, some others 20KW, etc, but 10,000 (mini grids) is just a guide because people always need figures when we need to drive something home. So, it could be less than that, but if we can achieve 3,000 MW on off-grid, which will be close to the power generated on-grid, we will be very happy.” Ogunbiyi, also explained that the loan will be disbursed through the World Bank’s Nige-

ria Electrification Project (NEP) to be implemented by REA after its approval in April 2018. She added that in Nigeria, businesses spend up to N40 billion every year to generate electricity that is expensive, but that the REA was working with the private sector to provide off-grid power supply strategies for businesses in the country. She explained that about N9 billion worth of profit could be earned from the deployment of Solar Home Systems (SHS) and mini-grid systems in Nigeria if private investors chose to put their monies there.

NERC reviews penalty for electricity theft The Nigerian Electricity Regulatory Commission, NERC, has come up with reviewed penalties for electricity customers involved in unauthorised access to electricity supply by tampering and meter by-pass by electricity.DisCo official disconnecting lines on electric pole .The review, according to the commission, was undertaken following several complaints it received from the DisCos on the ugly incidents. According to the circular entitled, “Order on unauthorised access, meter tampering, and by-pass order no: NERC/ REG/41/2017, and signed by the Vice chairman of NERC, Sanusi Garba and Commissioner, Legal, Licensing & Compliance Dafe C. Akpeneye, respectively, authorised DisCos to disconnect unauthorised power to the distribution network. According to the Commission, “Any single phase residential customer that gains unauthorised access to electricity by tampering or meter bypass shall be reconnected upon payment of the reconnection costs of N50,000.00 initial and 75,000.00 for subsequent incidents. For three phase residential customers, violators of this order are expected to pay N100,000.00 for initial incident and fine of N150,000.00 for subsequent incidents, while single phase commercial would pay N50,000.00 and N75,000.00, as well as three phase commercial fine of N100,000.00 and N100,000.00, respectively. The commission also noted that “The initial incident of unauthorised access to electricity by tampering or bypassing a Maximum Demand, MD meter shall attract a reconnection cost of 300% of the last authorised recorded monthly consumption of the customer. Subsequent incidents of unauthorised access to electricity by tampering or bypassing an MD meter shall attract a reconnection cost of 450% of the last

authorised recorded monthly consumption of the customer.” According to NERC, whereas “The Nigerian Electricity Regulatory Commission (the “Commission”) is required by section 32 (1) (b) of Electric Power Sector Reform Act (“EPSRA”) to maximize access to electricity services, by promoting and facilitating customer connection to distribution systems in both rural and urban areas. “The Connection & Disconnection Procedures for Electricity Services (“CDPES”) Regulations of 2007 provide for the connection of customers to electricity distribution networks by distribution companies (“DisCos”). DisCos are authorized to disconnect unauthorised connections to the distribution network without giving any notice in compliance with Regulation 6 (a) of CDPES. “The conditions for reconnecting unauthorised connections to the distribution network are provided for Regulation 12 (1)(c) of CDPES and these conditions include, Customers’ formalisation of electricity supply arrangements to the satisfaction of the DisCos, payment of approved reconnection costs to the DisCos or entering into an agreement for the payment of reconnection costs. “The Commission has received complaints from DisCos and has also observed an increase in the incidents of unauthorised access to electricity and meter bypass by customers.” “A customer that gains access to electricity by tampering or meter bypass shall in addition to paying for the reconnection costs and administrative charges stated above be liable to pay for the loss of revenue by the DisCos for the unauthorised consumption by paying backbills. “DisCos are authorised to back-bill customers who gain unauthorised access to electricity at the prevailing tariff of the customer for the established period of the unauthorised access.

Nigeria generates 82,226 mw in Q3 2017 – NBS The National Bureau of Statistics (NBS) says the power generation statistics showed that 82,266 Megawatts ( MW) of energy was generated daily by power stations in the third quarter of 2017. The NBS disclosed this in the ‘‘Power Sector Report: Energy Generated and Sent Out and Consumed and Load Allocation for the Third Quarter of 2017,’’ posted on the bureau’s website.

The bureau stated that daily energy generation attained a peak of 3,880 MegaWatts (MW) on the Sept. 1, 2017, and daily energy sent out on the same date was 3,825 MW. Similarly, it stated that the highest daily energy generated per hour attained a peak of 93,118 MW on Sept. 1, 2017, and daily energy sent out per hour on the same date was 91,801 MW. This, the report stated,

represented the highest level of energy generated and sent out in the month of September 2017 and in the third quarter. However, it stated that the lowest daily energy generation, 2,354 MW, in Q3 2017 was attained on Sept. 14, 2017, and daily energy sent out on that date was 2,310 MW. According to the report, the lowest daily energy generation per hour.

ICT

Daily Times Nigeria Tuesday, December 12, 2017

Ford set to test run new technologypowered automobile next year Ladesope Ladelokun with Agency report

Auto manufacturing giants, Ford, has said it will begin testing its latest self-driving vehicle technology next year in at least one city. The firm added that it has not changed its plan to begin commercial production until 2021. The company said it would test self-driving prototypes in various pilot programmes with partners such as Lyft, the rideservice company in which rival General Motors owns a minority stake, and Domino’s Pizza. But, Ford is still undecided whether to operate its own on-demand transportation service. Jim Farley, President of Global Markets, in a blogpost, said Ford also would test new business models that involve its selfdriving vehicle and the movement of people and goods. GM unveiled plans last week to introduce its own on-demand ride-sharing service in several US cities in 2019, using self-driving versions of the battery-powered Chevrolet Bolt. According to spokesman, Alan Hall, Ford is shifting production of a future battery electric vehicle to Mexico to free up capacity at its Flat Rock, Michigan plant, to build the self-driving vehicles in 2021. “At the Flat Rock plant, Ford is boosting investment to $900 million from $700 million; and adding 850 jobs. Both the 2020 electric and the 2021 self-driving vehicles will draw on the next-generation Ford Focus for some of their underbody structure and components while using different propulsion systems. Unlike the full electric vehicle from Cuautitlán, the self-driving vehicle from Flat Rock will use a hybrid system with a gasoline engine and an electric motor,’’ Hall said.

Internet users in Lagos

MainOne, Tizeti, Facebook expand Internet access in Lagos Mainland Ganiyu Obaaro, with Agency report

MainOne and Tizeti today announced the completion of a joint development project with Facebook to enable the expansion of Internet services in Lagos. The News Agency of Nigeria, NAN, reports that,the partnership would leverage MainOne’s fiber connectivity, Tizeti’s twenty brand-new solar-powered towers, and Facebook’s Express Wi-Fi. As a result of this project, Internet services will be more accessible across Lagos Mainland including Ajao Estate, Surulere,

Ikeja, Omole, Magodo, Gbagada, Oworonshoki, Bariga, Anthony Village, Ogudu, Ojota, Ketu and Alapere. Speaking on the partnership, Chief Executive Officer, Tizeti, Kendall Ananyi, said, “Access to fast and reliable unlimited Wi-Fi connectivity has been a problem for most Nigerian residential customers and small businesses for too long. “This partnership aims to demonstrate a sustainable and cost-effective solution to the under-served areas of Lagos State through our solar-powered, always-on Wi-Fi towers, and robust internet bandwidth from MainOne.” Tizeti has built and will op-

erate the solar-powered Wi-Fi Towers across Lagos while MainOne will provide multiple Gbps internet bandwidth to the outdoor towers via a mix of fiber-optic and microwave backhaul connections. This internet service will be delivered to end users via WiFi, including via Express Wi-Fi hotspots deployed by Tizeti in Lagos. This partnership supports the three partners’ shared goal of connecting more people to high quality internet services in the most cost-effective way. MainOne’s Chief Executive Officer, Ms. Funke Opeke, lauded Tizeti and Facebook’s commitment to improving the quality and lowering costs of

Internet services in Lagos. Commenting on the partnership, she added, “This project leverages our Internet capacity, investment in terrestrial fiberoptic infrastructure and points of presence for service delivery across Lagos State. We’re committed to improving the quality of access and accelerating the digital transformation of small businesses.” Ibrahima Ba, Facebook Connectivity Programs, said, “We are committed to working with partners across Africa and elsewhere to support connectivity initiatives and develop better Internet infrastructure in communities that lack reliable and affordable access.”

NIPOST to operate as commercial entity soon – Minister

Ladesope Ladelokun

As part of measures to improve postal services in Nigeria, the Federal Government has approved a partial sale of the Nigerian Postal Service (NIPOST) with a view to making it operate as a commercial entity with a strong corporate brand. Minister of Communications, Adebayo Shittu, disclosed this recently while inaugurating the steering committee and project delivery team for the postal sectorreforms and restructuring of NIPOST.

Shittu said the National Council of Privatisation, which is chaired by Vice President Yemi Osinbajo, had set up

Shittu

a steering committee to effect a partial sale of NIPOST. The minister said the government has approved that NIPOST be partially commercialized in keeping faith with the Second Scheduled Part 1, Section 6(1) of the Public Enterprises (Privatisation and Commercialisation) Act, 1991. He added that government would separate what had been the dual function of NIPOST as regulator and operator, stating that NIPOST will focus on its function as an operator in Nigeria’s postal system while he emphasizes the need for reforms.

“When passed into law, NIPOST will concentrate on its function as an operator in Nigeria’s postal system; hence the need for reforms so that it can make its pitch for a share of the now deregulated postal market,” he said According to Shittu, the committee is expected to change the face of postal services in Nigeria, adding that NIPOST will be expected to operate as a commercial entity with a strong corporate brand when the committee concludes its work next year. He said,“This committee is expected to take postal servic-

es in Nigeria to a new height in the face of the global challenge posed by new technology to postal services.” The steering committee is headed by the Minister of Communications while Aliyu Maigari of the Bureau of Public Enterprises heads the project delivery team.

Life&

TIMES Tuesday, December 12, 2017

Miss Nigeria in retrospect L2 & L3

Daily Times Nigeria

Tuesday, December 12, 2017

From Atinuke Oyelude (Miss Nigeria 1957); a new queen emerges soon Miss Nigeria is an annual pageant show that showcases special and positive attribute of Nigerian young women this show is to promote and build up women integrity to combine beauty with intellect. The Daily Times was the founder of the Miss Nigeria in year 1957. Winners have portrayed effective use of moral, beauty and intellect before they were alleged winners of Miss Nigeria. As we gear up for the 60th edition of the pageant; it is important we brush up your minds on some of the past winners of this prestigious platform. Here are some of the few queens of the Miss Nigeria pageant in no particular order:

Sylvia Edem

Grace Oyelude

and later furthered her education. Slyvia Edem Grace Atinuke Oyelude 83-year-old Grace Atinuke Oyelude

Ezinne Akudo was crowned Miss Director of United

crowned as Miss Nigeria. She is a

She was a nurse and a hospital Yemi Idowu

Miss United Nations is now refered Helen Anyamaeluna

Edna Park

Ekpo Amina

Nene Etule

Life&

Daily Times Nigeria

Tuesday, December 12, 2017

Miss Nigeria in retrospect

From Atinuke Oyelude (Miss Nigeria 1957); a new queen emerges soon Ezinne Akudo:

Pamele

Peter-Vigboro:

Nwando Okwuosa Wunmi Adebowale

in a from University of Obafemi Awolowo. Rosaline Balogun country. There were only four contestants that

Amina Ekpo

Chioma Obiadi:

queen?

Watch Out!!!!! NB: This is a random selection of past queens

new project.

Vien Tetsola

Bibiana Ohio Feyijimi Sodipo

Daily Times Nigeria

Tuesday, December 12, 2017

Daily Times Nigeria

Tuesday, December 12, 2017

L5 Relationship

Beauty World L6

Daily Times Nigeria

Tuesday, December 12, 2017

Beauty sins Mutiat Alli

1ne Rubbing your eyes. Continuously rubbing your eyes can contribute to dark circles, cause eye infections and intensify the itching sensation. defense against infection â&#x20AC;&#x201C; tears, which contain lysozymes - or use eye drops or a soothing eye wash.

Sleeping with cotton pillows. Pressing your skin against a pillow while you sleep can cause wrinkles. Pillowcases accumulate a build-up of bacteria and residue from your scalp, causing acne. Swap your cotton pillowcases for a silk or satin one and wash your pillowcases regularly.

2wo Washing your face with hot water. It is a common misconception that you should wash your face with hot water, then use cold water for your

5ive Washing your face with full makeup on. For your skin to be clean and clear, remove makeup before you wash your face. Be sure to never

varying temperatures can cause dryness and irritation. Keep your skin happy by sticking to one temperature when you wash your face: either cold or lukewarm water.

cause skin infections and breakouts.

3hree (Pics: drinking through a straw) Drinking through a straw. Continuously drinking through a straw or straight from water bottles will eventually form deep wrinkles around the mouth. Stick to a glass, cup or mug instead. 4our

Badagry Slave Museum, Lagos

Rubbing your face dry. Regularly rubbing your face with a towel after washing will eventually cause the skin to lose elasticity, and can also cause wrinkles and irritation in the long term. Pat your face dry instead. Try using a clean face cloth each time you dry your face to avoid the spread of bacteria. 7even Using your mobile phone. While boiling water kills bacteria, bacteria

grows faster in heat. The heat generated by your mobile phone is the perfect environment for dirt, bacteria and germ to breed. Failing to clean your mobile phone regularly can cause skin rashes and could even make you ill. Simply wipe your phone with antibacterial wipes every few days, or as often as you can.

8ight Washing your hair too often. No matter the price tag, shampoos and conditioners strip the hair of its natural oils. Shampooing your hair too frequently can result in dandruff and breakage. Follow Eyola on Facebook: /Eyola and Twitter: @WorldEyola

Daily Times Nigeria

Tuesday,December 12, 2017

Mutiat Alli

Nutritions L7

Nutrition for children and teens Nutrition for kids is based on the same principles as nutrition for adults. Everyone needs the same types of nutrients — such as vitamins, minerals, carbohydrates, protein and fat. Children, trients at different ages.

sharpen their minds, and even out their moods. While peer pressure and TV commercials for junk food can make getting kids to eat well seem impossible, there are steps parents can take to instill healthy eating habits without turning mealtimes into a battle zone. By encouraging healthy eating habits now, you can make a huge impact and give them the best opportunity to grow into

The childhood impulse to imitate is strong, so

and vegetables while you gorge on potato chips and soda. Tips to promote healthy childhood eating Have regular family meals. Cook more meals at home. Eating home cooked meals is healthier for the whole family. It sets a great example for kids about the importance of food and can bring a family together—even moody teenagers love to eat tasty, home-cooked meals! Restaurant and takeout meals tend to have a lot more unhealthy fat, sugar, and salt so cooking at home can have a huge impact on your ing just once or twice can be enough to feed your family for the whole week. Get kids involved. Children enjoy helping adults to shop for groceries, selecting what goes in chance for you to teach them about the nutritional values of different foods, and (for older children) how to read food labels. Make a variety of healthy snacks available instead of empty calorie snacks. Keep plenty of fruit, vegetables, whole grain snacks, and healthy beverages (water, milk, pure fruit juice) around and easily accessible so kids become used to reaching for healthy snacks instead of empty calorie snacks like soda, chips, or cookies.

cleans the plate, and never use food as a reward or bribe.

Studies shows it that kids who enjoy breakfast every day have better memories, more stable moods and energy, score higher on tests, and miss fewer days from school. They are also less likely to experience problems with their weight. Eating a breakfast high in quality protein—from enriched cereal, yoghurt, milk, cheese, eggs, meat, or eat fewer calories throughout the rest of the day and lose weight. The ideal breakfast features plenty of “good” carbs (fruit, whole grain toast or cereal, for example) as well as high-quality protein.

consuming. Boil some eggs at the beginning of the week and offer them to your kids each morning along with a low-sugar, high-protein cereal and whole milk, and an apple to go.

cottage cheese, or peanut butter on wholegrain toast can be eaten in the car on the way to school.

scrambled eggs, cheese, chicken, or beef on a Sunday and freeze them for your kids to eat during the week.

Wellness L8

Daily Times Nigeria

Tuesday, December 12, 2017

Mutiat Alli

Maintaining that good breath

effective prevention tool.

Halitosis affects how you feel about yourself, not to mention how others perceive you. Bad breath is mostly caused by bacteria that breeds inside your mouth, it can also be caused by smelly food like onion, garlic and some spice can cause bad breath. The odour lingers while food particles stay in your mouth but these foods gives you a double whammy, once they make it through your system their stinks chemicals travels through your blood stream to the lungs when you breathe them out. Here are few tips on how

to maintain a good and fresh breath: Brush your teeth occasionally with baking soda - The bacteria that causes bad breath thrive in an acidic oral environment. Brushing your teeth with baking soda helps to neutralize excess acids found in the oral cavity.

halitosis. Avoid eating heavily processed food that contains cookies, cakes, sweet and ice cream. Use mouthwash - some

mouthwash or oral rinses are effective at preventing bed breath, however you should never use alcohol based mouthwashes because the alcohol makes the mouth very dry which would actually make the problem worse. Avoid drying medications - try not to take anti-depressants, pain reliever and antihistamine unless it is medically necessary. These cause chronic dry mouth. Clean your mouth after eating - practicing consistent and thorough oral hygiene is an

Breathe through your nose instead of your mouth - try to address any snoring or sleep apnea issues that could be affecting your breath and causing dry mouth. Stop smoking - studies has shown that smokers are at higher risk of developing periodontal disease. Furthermore people who smoke may also engage in other habits that promote this condition such as drinking alcohol and suffering from chronic anxiety conditions that require exacerbating prescription medication. Keep your mouth! Post by drinking plenty of water. your teeth at least twice a day, be sure to get a tooth brush with soft bristles any food and plague which can be used as fuel source by the anaerobic, sulfur producing bacteria that are at the root of these problem. Take a dietary supplements - Vitamin C, Vitamin E, Vitamin D and Vitamin B are effective at helping your body eliminate excess mucus and toxins naturally.