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NNPC, CBN stole $17bn crude money, Reps alleges

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Henry Omunu & Emmanuel Iriogbe, Abuja

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The House of Representatives, on Monday, said the Nigerian National Petroleum Corporation (NNPC) in conjunction with the Central Bank of Nigeria (CBN) stole the sum of $17 billion crude oil revenue when it failed to remit

same to the Federation account between January, 2011-December, 2014.

The disclosure was made by the Ad-hoc Committee of the House investigating $17 billion stolen from sale of crude oil and natural gas The Committee chaired by Rep. Abdulrazaq Namdas had discovContinued on page 12

CBN injects $190m into Forex market

TUESDAY, JUNE 6, 2017 VOL. 3. NO. 380

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GAINERS AS AT June 5, 2017 CAP

35.33

37.80 6.99%

CONOIL

37.35

12

N150

LOSERS AS AT June 5, 2017 41.17

10.23%

PZ

19.27

19.00

-1.40%

INTBREW

24.19

24.13

-0.25%

Illicit financial flows:

Osinbajo seeks sanctions against banks, financial instutitions Ï d ƕ Ƌ ƐƆƏ Ɠ Ƈƈ Ɛƈ Ɛƈé Ə ƇƐ ƅ ƌƍ ƈ Ɛ Ə Ƒ ƌƆƗƈ Ï ón ƋƆ Mƈ ƆƏƈ ƆƆ ƅ ƏƏƑƍƐƈ ƍƏ ƄƋƆƌ Ɛ Ɛ ƅ ƄƏƈ Ɨ Ɠ ƑƏ ƕ ƐƆƌè ƓƆôƋƋ ƆƒƆƏ ƄƆ ƄƋƆ Ɛ Ƈƈ Ɛ ƈƐô Ï ǀǀ Mƈ ƆƏƈ ƗƈƒƆƏƐƆƗ MơêƢǀƐƏ ƄƆƐƓƆƆ ƾƠƠÕ Ɨ ƾƠơǀ - Sagay

Mathew Dadiya, Chris Emetoh, Andrew Orolua, Abuja

ÏÏÏ Acting President, Professor Yemi Osinbajo, on Monday, called for sancContinued on page 5

MƓ ƕ ƓƑè E ƄƈƏƑè Ɛ ƆƏ Ƒ ƒƆƈƋ ƆƓ 12 ƍ ƏƐƕ ƈ ƄƑƉ Buhari’s absence doesn’t contravene Nigeria’s Constitution - Garba Shehu 9

R ƈ Ƅ Ɖ è 6Ɔ ƋƐ ƌƈ ƈ ƐƆƏè Ɛ ƆƏ 9 ƌ ƑƏ ƍ Ɔ Ƈ R ƐƈƌƆ ƈ Ɛ ÕƤ Gé`ë Lƈ ƈ ƐƆƏ Ƈ 0 ƏƆƈ ƇƇ ƈƏ è 1Ɔ ƇƇƏƆƕ R ƕƆ ƌ ì ƈƏƌ è ^ƏƆ ƈƗƆ Ɛƈ Ƌ Ɨƒƈ Əƕ ƌƌƈƐƐƆƆ ƈ Ɛ ƏƏƑƍƐƈ è ^Ə Ƈê 9Ɛ Ɔ d ƕì ƐƐ Ə Ɔƕ 1Ɔ ƆƏ Ƌ Ƈ Ɛ Ɔ 0ƆƗƆƏ Ɛƈ Ɨ Lƈ ƈ ƐƆƏ Ƈ CƑ ƐƈƅƆè LƏê ƄƑƄ Ɗ Ə L ƋƋ ƌƈè d Mè Ɨ ƅƐƈ ^ƏƆ ƈƗƆ Ɛè Ɔƌƈ R ƈ Ƅ Ɖ è Ɛ ƅ ƇƆƏƆ ƅƆ ó^Ə ƌ Ɛƈ 9 ƐƆƏ Ɛƈ Ƌ é ƍƆƏ Ɛƈ ƈ ƌƄ Ɛƈ 9ƋƋƈƅƈƐ 0ƈ ƅƈ Ƌ 0Ƌ Ɠ Ɨ & ƅƈ ƆƐ `Ɔƅ ƒƆƏƕ Ɛ 0 ƐƆƏ dƑ Ɛ ƈ ƄƋƆ #ƆƒƆƋ ƍƌƆ Ɛ ƈ ƄƑƉ Č L Ɨ ƕê

African aircraft leasing firm to invest $20bn in 5 Nigeria

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Illicit financial flows: Osinbajo seeks sanctions against banks, financial instutitions Continued from page 1

tions against banks and other financial institutions i that engage in illicit financial flows, just as he disclosed that corrupt persons who have stolen Nigeria’s resources were fighting the anticorruption campaign of the All Progressives Congress (APC)-led administration through the media.

Osinbajo stated this at a conference on “Promoting International Cooperation in Combating Illicit Financial Flows and Enhancing Asset Recovery to Foster Sustainable Development,” organised

by the Presidential Advisory Committee Against Corruption (PACAC) in collaboration with the Federal Ministry of Justice, adding that such banks and other financial institutions must be made to face the consequence.

Noting that it is not possible for illicit transfer of assets to be successfully effected without the connivance of both local and destination financial institutions, the Acting President Osinbajo called for delegitimasation and criminalisation of the activities of such financial institutions so as to equally bring them to justice.

According to him, “there is no

way the transfer of these assets can happen without a handshake between the countries that they are transferred and the international banking institutions in the countries in which they are transferred.

“There is no way it will happen without some form of connivance.

So, we have to look at delegitimising those kinds of financial institutions and criminalising them, so that banks and financial institutions that actually engage in these activities are called out and made to face the consequences of engaging in criminal practices”.

He said that “if that is not done,

Members of the Islamic Movement of Nigeria (IMN), otherwise known as Shi’ites, during a peaceful protest demanding the release of their leader, Ibrahim Zakzaky, who has spent 540 days in detention in Abuja… on Monday. PHOTO: TEMITOPE BALOGUN.

we are not likely to go very far.”

Osinbajo also disclosed that corrupt persons who have stolen Nigeria’s resources were fighting the anti-corruption campaign of the All Progressives Congress (APC)-led administration through the media.

According to him, there is a media war between people fighting corruption and those behind the stolen funds.

“It is called media trial. I don’t know what that means. If you discover for instance large sums of money in an air condition room, there is nowhere it will not make news anywhere in the world.

“Somehow proceeds from political corruption has not attracted the same outrage that proceeds from narcotics and trafficking in persons have attracted.

“It took years for some people to agree that when somebody loot money where people make decent living that is more criminal than crime against humanity, more dangerous than trafficking in drugs,” Osinbajo stated.

He warned that, “unless Nigerians see corruption as a problem that can bring down our system, then we will never be able to fight.

If you look at the anti-corruption fight in Nigeria, there is a major fight back in the media.

He also lamented that “The Mbeki report shows that most of the illicit funds flow that comes out of Africa are from Nigeria,

adding that this “shows us very clearly especially the security agencies that we simply have to do more. It is evident that so much money is leaving our shores.

The Acting President however urged African nations to intensify efforts at recovering funds illicitly transferred, as according to him, it is not enough to talk about it.

“African countries and developing countries must realise that it is our responsibility, not only to identify where the funds are transferred but to ensure there are returned.

“Some countries are somehow reluctant about it, many have civil processes that make it difficult, they say our courts are handling this matter and there is very little we can do about. “We must make it a national call, a call for other developing countries to have the same outrage for drugs, terrorist financing and for illicit financial flows.

“We must emphasis at every point, and call out institutions that are not cooperating to ensure they recognise that this, for us, is a serious issue”, he added.

Earlier in his remarks at the conference, the Chairman, Presidential Advisory Committee Against Corruption (PACAC), Professor Itse Sagay, had revealed that 55 top government officials and private businessmen illicitly Continued on page 12

African aircraft leasing firm to invest $20bn in Nigeria

Ï j Ƈ ƅƈƋƈƐ ƐƆ ƾƠƠ ƈƏƅƏ ƇƐ ƋƆ Ɔ Ƈ Ə Mƈ ƆƏƈ ƅ ƏƏƈƆƏ ƈ ƾƠ ƕƆ Ə Chukwuemeke Iwelunmo

ÏÏÏ A Nigerian aviation consolidated firm,African Aircraft Leasing Company (AALC), plans to invest over $ 20 billion in the country to facilitate the lease of aircraft for Nigerian operators, setting up of aircraft maintenance repair and overhaul centre, spares logistics and supply as well as aggregated services solutions.

The investment,according to the Executive Director, SpringFountain Infrastructure Limited, Mrs. Tokunbo Fagbemi, is partnership with the United Statesbased aircraft manufacturer, Boeing Corporation.

Speaking Monday at an agreement signing ceremony between Boeing and SpringFountain Infrastructure in Lagos, she said the aircraft leasing company,first in Africa, will create a robust window for Nigerian operators to access 200 Boeing aircraft in the next 20 years.

Indigenous operators including

Air Peace have described the aircraft leading window as one of the best things to happen to Nigeria, given the hurdles operators face in the bid to get aircraft from foreign lessors.

She said the partnership between Boeing and Spring Fountain will assist to build capacity in blocking huge gaps in local skills in diverse fields ranging from piloting, aviation engineering, aviation economics and aviation law.

Mrs. Fagbemi said with an estimated passenger traffic of 19 million, the figures could increase to over 44 million, which would require more new airplanes to meet traveling needs.

She said: “If Nigeria is to have 44 million passenger departures per annum, it will require over 100 aircraft to meet this propensity to travel, Nigeria will need more aircraft.

“To boost its international including intercontinental flight potential, the airlines have to improve in both the quality and

quantity of the aircraft. In addition, the aircraft have to be brand new to be at par with competition within Africa at the least.”

To enable the firm deliver on its proposed investment, Fagbemi said government should create an enabling environment.

She said:” We cannot overemphasize for Government to create a right enabling environment for the African Aircraft Leasing Company (AALC), OEM led MRO centre, African Aircraft Spare Parts Company (AASC) and Aggregated Services Solutions provider to be able to list and trade on the NASD OTC, Nigerian Stock Exchange, Aviation Asset Backed Securities (ABS), Enhanced Equipment Trust Certificates and other innovative tradeable monetary and debt instruments.

“Government should provide exemption from certain charges such as customs duties and grant us pioneer status, to create a one stop shop for the processing and issuance of all necessary permits

and licenses.

“The AALC project will need fiscal support from the Government. The importation and clearing of aircraft spares will need to fall under a different customs clearance regime. We will need a special visa regime and dedicated immigration procedure for crew and workmen in the aviation industry. “Airport concession fees and other charges will need to be waived or differed for these brandnew aircraft and especially for the MRO bound aircraft.

According to her,”Freight cargo handling and freight cargo handling procedure will need to be improved. Cargo clearance procedure will need to be harmonised especially for spares as domestic cargo.

“The Federal Government should work to align Nigeria with international standards on control and compliance with aircraft noise and fuel emission. Government should invest in aviation education, skill building and skill

development capacity.

“The Government should also provide a dedicated space where the MRO could be located. The government should create a Special Economic Free Trade Zone (SEFTZ) for the MRO and the Spare Parts Company.”

She said:” We want to work with Government and the aviation industry to bring brand new aircraft which hopefully will bring down the cost of operations for operators and bring down the cost of airfare for passengers in Africa.

Speaking at the event, Minister of State, Aviation, Hadi Sirika, under need to rework its educational curriculum to provide enough professionals to man facilities and equipment in the sector.

Sirika said:” Over the next 20 years, Boeing is forecasting that the world would manufacture over 39,600 airplanes valued at more than $5.9 trillion because Continued on page 12

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Buhari’s absence doesn’t contravene Nigeria’s Constitution -Garba Shehu Chris Emetoh, Abuja

ÏÏÏ The Senior Special Adviser to President Muhammadu Buhari, Malam Garba Shehu, has dismissed an article by a Nigerian historian, Max Siollun, titled “The Gentleman’s Agreement that Could Break Apart Nigeria,” published in the United States-based Foreign Policy magazine, as a needless sensation.

Reacting to what he called “needlessly sensational and exaggerated speculations by conspir-

acy theorists”, Shehu explained that it is misleading to compare President Buhari’s case to that of the late President Umaru Musa Yar’Adua, adding that the circumstances are completely different.

The piece speculates that Nigeria faces imminent political and constitutional crisis on account of Buhari’s absence to attend to his health in London.

In a statement signed by the Deputy Director (Information) State House, Abuja, Attah Esa, the SA said unlike the late President

Yar’Adua, President Buhari has duly complied with the constitutional requirements by formally notifying the National Assembly of his intention to go for medical treatment and handing over to Prof Yemi Osinbajo as Acting President.

Shehu also observed that, “While Yar’Adua was too severely ill to transmit a letter formally to the Senate President and the Speaker of the House of Representatives, President Buhari is not in such medical state, and therefore, the country is not currently

facing any complications on account of his absence.”

He noted that under President Yar’Adua, there was uncertainty about the role of the Vice President because the late President was not in a position to formally transfer power to his deputy, which necessitated the resort to the doctrine of necessity to enable Dr. Goodluck Jonathan act in his absence.

Malam Shehu explained that, currently, none of these circumstances prevail in Nigeria on account of President Buhari’s absence

for medical treatment.

According to him, having transferred power formally to Vice-President Yemi Osinbajo, President Muhammadu Buhari did not leave Nigeria with any power vacuum, adding, therefore, that any suggestions of uncertainty or constitutional crisis are imaginary and exaggerated.

He explained that with the Acting President, Professor Osinbajo already running the affairs of the country in the absence of President Buhari, people should stop creating arti-

ficial fears of crisis or uncertainty, noting that governance has not grounded to a halt because President Buhari has duly complied with the constitution.

Malam Shehu appealed to conspiracy theorists not to pollute the polity by needlessly seeking to create an atmosphere of fear, uncertainty and suspicions in the country.

Shehu submitted that the President public admission that he is sick and taking treatment does not pretend about his health condition with the open confession.

Osinbajo, Health minister, others mourn passage of Osotimehin at 68 Ibeneme Ebelechukwu, Abuja and Angela Onwuzoo, Lagos

Cross-section of students from Ekiti State with placards in support of probe of former Ekiti State Governor, Dr. Kayode Fayemi over alleged corruption in Ekiti… on Monday.

Power privatisation not working, says ActionAid Nigeria OpeOluwani Akintayo

ÏÏÏ ActionAid Nigeria has called on the Federal Government to take back ownership of the power sector, saying privatisation is not working.

The board chairman of the organisation, Prof. Patricia Donli, who made the call during a chat with The Daily Times on Monday, urged government to run utility companies by itself, citing the epileptic power supply nationwide.

Donli said that privatisation of utility companies has added nothing to the growth of the economy.

According to him, government should no longer abandon its responsibility of ensuring that important sectors such as power is managed properly.

“We hereby call on government to take the bold steps necessary to correct

this injustice done to the Nigerian people and the state,”he added.

Its Country Director, Ojobo Atiluku also corroborated Donli’s point, saying the citizens suffer when the provision of services is left in private hands.

Before now, there have been clamour from different quarters for the government to take over the power sector from the DisCos. Chief among the campaigners was Aliko Dangote, who in 2016, called out the electricity distribution companies, DisCos, for poor services.

In May, Minister for Works, Power and Housing, Babatunde Raji Fashola, flayed the DisCos for forming themselves into an association.

According to Fashola, his ministry will deal with

individual DisCos instead of their association.

The Minister said that National Council on Privatisation signed both performance and assets sale with individual DisCos and not with their association.

He then alleged that the objective of disseminating information to members of the public on what is being done to resolve the problems of electricity and provide service is being frustrated by the Electricity Distribution Companies in the country.

According to him, the objective is not being fully achieved or at worst is being frustrated by the Distribution Companies who have formed themselves into an Association of Distribution Companies, and have persistently issued statements on issues they either did not present for

discussion at meetings, or which contradicts the communiqué that is jointly agreed and released after each meeting.

“While the right of association is a constitutional right which the Distribution Companies are entitled to exercise, the Ministry of Power, Works and Housing also reserves the right to recognise or deal with the companies as an association.”

“As head of the Ministry, I regret that I will not deal with an association because the Bureau of Public Enterprises (BPE) acting for the National Council on Privatisation (NCP) did not contract the asset sales and performance agreements with an association and neither did Nigerian Electricity Regulatory Commission grant you licenses as an association,” he said.

ÏÏÏ Acting President Yemi Osinbajo has expressed shock and sadness over the death of the Executive Director, United Nations Population Fund (UNFPA) and former Minister of Health, Professor Babatunde Osotimehin.

This is even as the Minster of Health, Prof. Isaac Adewole, has described the death of Osotimehin as one that will remain indelible in the minds of many Nigerian as well as in the health sector.

A statement issued by Dr. Babajide Osotimehin, on behalf of the family, on Monday, said the former Director General of the National Agency for the Control of AIDS (NACA), died on Sunday at the age of 68.

Though the cause of his death was not disclosed, a family member of the late professor of medicine, however, said he died in his New York home while watching television.

Lamenting the passage of the late Osotimehin, the Presidency quoted Osinbajo as saying that, “On behalf of the people and Government of the Federal Republic of Nigeria, Prof.

Osinbajo extends heartfelt condolences to his wife, children and entire family over the passage of their beloved father, grandfather and also an illustrious Nigerian”.

The acting president also condoled with the officials of the UNFPA and the entire UN system on the demise of a very remarkable

international public servant, who served passionately, diligently and worked tirelessly at the global and national stages to reduce maternal mortality and promote universal access to reproductive health.

Reacting, Prof. Isaac Adewole, Minister of Health, said Osotimehin’s immense intelligence no doubt contributed to the growth of the health sector as well as in the reduction of maternal mortality in the country.

Adewole said: “We mourn the passage of a complete gentleman, committed physician, astute administrator and lover of women and girls. He promoted reproductive health and rights to the last minute.”

Dr. Chinonyerem Onyema of Federal Medical Centre, Keffi, also described his death as a shock to the medical community.

His words: “He is one of a person that gave his best to the medical world.

He left a lot of legacies on ground that many are benefiting from today. He will be remembered by House officers, resident doctors, consultants as well as other medical personnel for his accessibility and pioneering better salary for medical and para-medical personnel.’’

The Daily Times recalls that the late Osotimehin was Nigeria’s minister of health from December 2008 to March 2010. Prior to his appointment as Health minister, Osotimehin was chairman, National Action Committee on AIDS (NACA).

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Oshodi crisis: LASG suspends NURTW activities indefinitely

Benjamin Omoike & Joy Anyim

ÏÏÏ The Lagos state government has suspended indefinitely the activities of the National Union of Road Transport Workers (NURTW), in the seven branches of the union in the Oshodi axis of the state.

This is the fallout of a stakeholders’ meeting which held in Alausa, Ikeja,

on Monday following the continued violence that attended the death of Alhaji Rasaq Bello, aka Hamburger, a leader of the MOALS, an affiliate of NURTW, at Shogunle area of Oshodi on May 29.

Addressing pressmen after the meeting on decisions reached, Acting Commissioner for Transportation in Lagos state, Prince Lanre Elegushi, said while the order lasts, there would

be no collection of tickets and fees from commuter buses operating in the area.

“A team of State Government officials and security personnel has been mandated to oversee and monitor the transport operations within the seven branches. They are not to collect any ticket or fees from transport operators therein.

“The suspension will remain in force until peace

and tranquillity returns to the area. This will be based on appropriate security reports,” he said.

Elegushi said for the avoidance of doubt, police investigations were ongoing regarding the said death, and that all persons found culpable would be prosecuted in line with the dictates of the laws.

He said it was important to also emphasise that all rumour mongering, in-

sinuations and unverified or unfounded facts should be avoided in the sake of peaceful coexistence. He added that any escalation of the crisis arising from the ban will lead to government taking sterner actions against the branches where such violence is recorded.

In the same vein, Chairman Lagos State NURTW, Tajudeen Agbede, said he and his men were in agree-

Absence of MRO: Nigeria loses over $500m

Glo’s Professor Johnbull receives NTA accolades

ÏÏÏ“Professor

Chukwuemeke Iwelunmo

ÏÏÏThe country is losing over $500million annually as a result of non availability of Maintain, Repair and Overhaul (MRO) facilities in the country.

The Chairman of Air Peace, Barrister Allen Onyema who disclosed this in an interview with journalists at the Nigeria 2017 seminar Aviation Education infrastructure Challenges and Potential held in Lagos, said establishment of MRO will save the country of the said amount.

Bar. Onyema explained that $3.7m was spent by Air Peace on one aircraft outside the country for mentainance stressing that, having MROs will lead to gainful employment of Nigerian engineers and reduce capital flights out of the country.

He explained that that all over the world that airlines lease aircraft but only Nigerians purchase outright as a result of stringent conditions attached ranging from insurance to trust.

“All airlines lease planes all over the world but Nigeria does not lease because of the stringent condition attached. Air Peace will never lease plane.”

Onyema called on the government to support investors ready to do business in the country by providing land for the building of their facility base.

ment with the decisions of the state government and would ensure full compliance, adding that he would go back to his base to further educate his members on the development.

On his part, Lagos Deputy Commissioner of Police, Imohimi Oluwole Edgar, did not proffer much, saying investigation was ongoing and that details would be made available in the course of the week.

L-R: National Interim Chairman, Alhaji Mohammed Kabiru Shitu; Deputy National Chairman, (South), Mr. Fijabi Adebo and National Financial Secretary, Margaret Mchvga, all of Advanced Peoples Democratic Alliance (APDA), during the unveiling of the party in Abuja… on Monday. Photo: TEMITOPE BALOGUN.

Ekweremadu’s House’s raid: Court admits alleged whistle blower to bail for N0.5m Andrew Orolua, Abuja

ÏÏÏAn Abuja Upper Area Court sitting in Gudu district on Monday admitted a 50 year old false whistle blower, Ahmed Echodo to bail in the sum of N500,000 and a surety.

The Inspector General of Police (IGP), last week Tuesday docked Echodo of No. 44, Living Truth Street, Masaaka, Nassarawa state on a count charge for allegedly providing the police with false information that led to the raid of the official Guest House of the Deputy Senate President, Senator Ike Ekweremadu, in Maita-

ma, Abuja on Friday May 27, 2017.

Ruling on the defendant’s bail application yesterday, Hon. Umar Yusuf Kagarako ruled that the offence allegedly committed by the defendant is bailable. He said he is entitled to bail.

“I hereby grant the defendant bail in the sum of N500, 000 and a surety who must have a fixed address and resident within the jurisdiction of the Upper Area Court.”

The police had accused Ahmed Echodo and one Maiwada Adamu who is at large for giving it misleading information that led to a raid on Ekweremadu

guest house to which the defendant had denied.

According the Police First Information Report (FIR) “ that on May 26, 2017, at about 0900hrs, you Ahmed Echodo ‘m’ aged 50 years of No. 44, Living Truth Street, Masaaka, Nassarawa state and one Maiwada Adamu now at large did conspired within yourself by informing the office of IGP, STS at Guzepe Area of the FCT, Abuja, that House No. 10 Ganges Street, Maitama, FCT, Abuja occupied by Oliver Ogenyi is being maintained and used for criminal activities including keeping of arms and ammunition.”

The offence, according to the Prosecution Police officer, David Taiwo, an Assistant Superintendent of Police (ASP), is contrary to section 97(1) and 140 of the Penal Code Law. After the ruling yesterday the defence lawyer Peters Ugwuoke asked the court to direct the prosecutor to furnish the defendant with the proof of evidence to enable him prepare his defence. The court obliged the request and directed the prosecution to served the defendant with the proof of evidence.

Hon Kagarako has adjourned trial to July 20, 2017.

Johnbull,” the television drama series sponsored

by Nigeria’s grandmasters of data, Globacom, has been adjudged as the “rave of the moment” by Africa’s largest television network, the Nigerian Television Authority (NTA).

In the promo of the latest edition of TV Guide, NTA’s in-house magazine, Professor Johnbull was said to be on the radar of TV viewers globally, adding that the satire is the ‘rave of the moment’ out of all programmes on the network belt of the NTA. Professor Johnbull is broadcast every Tuesday at 8.30 pm on NTA Network, NTA International and StarTimes, with repeat broadcasts every Fridays at 8.30 p.m. on the same television channels.

Minted and powered exclusively by Globacom, “Professor Johnbull” throws sardonic barbs at societal follies and foibles with the all -knowing, bombastic and erudite central character proffering workable solutions to the identified problems in his conclusions which ends every episode.

For instance, one of the episodes, A Good Flavor, which featured Nabania crooner, Chinedu Okoli, popularly called Flavour, extolled the virtues of humility, hard work and integrity devoid of insufferable ego trips and disrespect for others.

Another very interesting episode titled, African Time, featured Glo brand ambassador, Odunlade Adekola and criticised the evil of time wasting known in local parlance as ‘African Time’.

Politics

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CNPP rejects Benue council election, demand its annulment

…Backs labour, students, vows to resist fuel tax Patrick Okohue The Conference of Nigeria Political Parties (CNPP), umbrella organisation of all registered political parties and associations in Nigeria, has rejected the process and whatever is the outcome of the Saturday’s local government election in the Benue State, describing it an “unprecedented rape of democracy and rubbishing of every tenet of free, fair and credible election at the local government level.”

The CNPP in a statement by its Secretary General, Chief Willy Ezugwu, while demanding for the cancellation of the election, observed that “the process was tailored by the Benue State Independent Electoral Commission (BSIEC) and the ruling All Progressives Congress (APC) and Governor Samuel Ortom to produce APC Chairmen in the state irrespective of the people’s choices.

“The voters apathy marred the election in all 23 local government areas of Benue State on Saturday, which resulted

Igbo community honours Lagos Speaker, Obasa The Igbo Community in Lagos has honoured the Speaker of the Lagos State House of Assembly, Rt. Hon. Mudashiru Ajayi Obasa, in recognition of his outstanding contributions to the development of the state and the Igbo nation.

The prestigious recognition and visionary award for leadership was presented to Obasa at the Hall 1 of National Theatre, Iganmu, Lagos penultimate Saturday.

The Lagos Speaker who was represented by his Chief of Staff, Mr Adewale Jafojo thanked the community for deeming it fit to honour his boss.

Delivering his good will message at the occasion, he acknowledged the contributions of the Igbo Community in the state since inception. “Since Lagos became a geographical entity 50 years ago following its creation as a state in 1957, the Igbo have become instrumental to the development of what is now the Centre of Excellence. Your community is so important to us because you have been part of the state’s development.

The chief host, Hon. Jude Idimogu who is representing Oshodi-Isolo 2 at the state Assembly, commended the state governor, Mr Akinwunmi Ambode and the members of his cabinet for moving the state forward.

Idimogu praised Rt. Hon Obasa for his leadership quality style in the hallow chamber of the state Assembly and Lagos in general.

He enjoined Lagosians to support the state Assembly as they continue to pass people oriented laws.

Dignitaries at the event include Secretary to the State Government, Mr Tunji Bello who represented the state governor and All Progressives Congress (APC), Publicity Secretary in the state, Mr Joe Igbokwe.

Others are members of the state Assembly, Hon. Abdur Sobur Olawale; Hon. Desmond Elliot; Hon. Abdul-Hakeem Sokunle and Hon. Folajimi Mohammed.

in low turnout of voters across the state clearly indicate that the people rejected the process and a remarkable statement that the election outcome is a fraud.

“We, therefore, call on the National Assembly, the international community and all well-meaning Nigerians to take note of the unprecedented rape of democracy and rubbishing of every tenet of free, fair and credible election at the local government level through electoral process manipulation by the Governor Samuel Ortom led administration.

“For us, no election took place in Benue on Saturday and we demand immediate cancellation of the election,” the CNPP stated.

In a related development, the CNPP has thrown its weight behind Nigeria’s organised labour over planned increment of prices of petroleum products, accusing the National Assembly of taking more anti-people decisions than resolutions

that could better the lives of the already impoverished masses of Nigeria.

“We assure the Senate and the Federal Government that their proposed N5 be per litre of fuel tax will be resisted,” the CNPP vowed in a statement by its Secretary General, Chief Ezugwu on Sunday.

The Alhaji Balarabe Musa led umbrella organisation also warned the Presidency of the imminent consequences of adding to the pains of the ordinary people of Nigeria by raising the pump price of fuel under any guise.

“Our findings have shown that the bill titled ‘National Roads Fund (Establishment, etc) Bill 2017’, proposing that N5 to be paid per litre of fuel imported into the country is a ploy by the Federal Government to impose more hardship on Nigerians at a time the burden of recession in the country is becoming unbearable.

“We thought that the Federal Government should be thinking of reducing the

already biting hardship in the country after failing to fulfil the promised increment in minimum wage and non-payment of arrears of workers’ salaries and allowances in the past two years.

“It seems that the current government at the federal level and their National Assembly collaborators enjoy inflicting more and more pains on Nigerian masses.

“We wonder why the Senate Committee on Works in its final report on the bill would make such proposal. Are they saying that the only way this government can raise funds is by increasing pump price of petroleum prices and punishing the masses?” The CNPP queried.

The Nigerian organised labour, students and others have vowed to resist any attempt by government to indirectly or otherwise introduce a hike in the pump price of fuel, given the economic hardship in the country.

Lagos Dep. Gov. tasks Muslim leaders on peaceful co-existence, religious harmony

The Lagos State deputy governor, Dr (Mrs) Idiat Adebule on Sunday urged Muslim leaders to continue to be at the forefront of ensuring peaceful co-existence, understanding and religious harmony.

Adebule made the call at the 2017 Ramadan Lecture of the Ansar-Ud-Deen Society of Nigeria (ADS), Lagos Branch, in Lagos.

She said that by their position, religious leaders in the society had great influence on individuals and groups.

“I urge you to remember our state and the nation in prayers; our nation is in dire need of prayers at this challenging time

with so many killings, terrorism, kidnapping and other vices.

“We can also see what is happening around the world; the activities of ISIS and Boko Haram are alien to Islam because Islam is about peace and love.

“But, we will continue to pray so that God who has the solution to all problems, will intervene and help restore peace to our homes, state, country and the world,’’ she said.

In his lecture entitled: “Religious Persecution and the Muslims’’, Sheikh Abdur-Rahman Ahmad, the National Chief

Missioner of ADS, said that all religions suffer persecution due to environmental and peer pressure.

Ahmad urged Muslims to be steadfast and adhere to the tenets of Islam to scale through life’s troubles and persecution.

Also speaking, Alhaji Femi Okunnu, National Chairman, ADS, decried the high rate of suicide in the country due to economic hardship and hopelessness.

Okunnu urged Nigerians to shun the act of suicide as it was a sin, adding that anyone who committed suicide would not enter heaven.

Chief of Staff to the Speaker, Lagos House of Assembly, Mr. Adewale Jafojo (Second Right) receiving an award on behalf of the Speaker, Rt. Hon. Mudashiru Obasa, from Secretary to the Lagos State Government, Mr Tunji Bello, when the Igbo community in Lagos recently honoured the Speaker, with them are the member, representing Oshodi-Isolo 2 in the Lagos State House of Assembly, Hon. Jude Idimogu and the member representing Surulere constituency 1 at the Assembly, Hon. Desmond Elliot.

News 12

Daily Times Nigeria Tuesday, June 6 2017

NNPC, CBN stole $17bn crude money, Reps alleges Continued from page 1 ered that only $7 billion out of the $47.2 billion made from crude sales from January 2011 - December 2014 was remitted to government by the NNPC. It also noted and queried why the CBN was collecting and making deposits from government

agencies into the Federal Reserve Bank in New York against extant banking regulations.

The Committee’s investigation of the apex bank further revealed that only N35 billion out of $47.2 billion was remitted into the Excess Crude Account (ECA) managed by the CBN by the NNPC. The lawmakers had queried

why only $7 billion out of $47.2 billion gotten from crude oil sales was made available for the three tiers of government for sharing, noting that both NNPC and CBN shortchanged Nigerians.

The lawmakers said that the ongoing probe had shown that more than $17 billion was stolen from the transaction by the NNPC be-

tween January 2011 and December 2014.

The Committee chairman, who threatened the apex bank with a damning report, said that the responsibility of opening and managing a revenue account rests with the CBN. However, while fielding questions, a representative of the CBN

Governor, Mr. Jack Pitecu, told the Committee that the apex bank is not interested in who opens what account, rather it is concerned with regulations.

He had told the lawmakers that the apex bank does not keep audit of accounts of government agencies and explained that it is the responsibility of such agencies.

CBN injects $190m into Forex market

Mathew Dadiya, ƂƏƇ

ÏÏÏ Determined to achieve convergence of rates in the interbank and Bureau de Change segments of the foreign exchange (FOREX) market, the Central Bank of Nigeria (CBN) on Monday, injected another sum of $190 million into the inter-bank market.

At Monday’s trading, the Bank offered the sum of $100,000,000 as wholesale interventions and allocated the sum of $50,000,000 to the Small and Medium Enterprises (SMEs) forex window. Customers requiring forex for Business/Personal Travel Allowances, tuition and medical fees, among others, got $40 million.

Confirming the figures, the Acting Director, Corporate Communications at the CBN, Isaac Okorafor, said the bank was pleased at the performance of the naira, which had made tremendous gain against the dollar in recent times.

According to him, the forex rates at both the inter-bank and BDC segments, had almost converged, prompting even greater

optimism that the value of the naira will continue to spike.

Okorafor observed that by ensuring transparency in the market as well as fairness to end-users, the CBN had further exposed speculators and checkmated them. He therefore urged all dealers, particularly licensed BDCs, to continue to play by the rule, adding that the CBN would not hesitate to wield the big stick against any erring bank or dealer.

The naira continued to maintain its strong stand against major currencies around the globe, exchanging for $364/$1 in the BDC segment of the market on Monday, June 5, 2017.

Meanwhile, the CBN, also on Monday, issued a circular aimed at further developing the foreign exchange market and improving its structure.

According to Okorafor, the new circular, among other provisions, allows authorized dealers to sell their excess foreign currency trading positions to other authorized dealers without seeking prior approval from the CBN.

African aircraft leasing firm to invest $20bn in Nigeria Continued from page 5 the total number of Aircraft in year 2015 will increase from 22,510 units to 45,240 aircraft by the year 2035. This will come from the manufacture of 39,620 new units of various types of aircraft worth $5,930 billion. It is predicted that Africa will require 1,150 units valued at $ 170 billion.

“What role will the Nigerian trained work force in ICT firms, aerospace manufacturers, MRO, power plants Engineers, mechanics play in various units of the aviation and aerospace manufacturing value chain?

“The challenge is how many of these Aviation experts and professionals will be Nigerians and how can implement and benefit from setting up the various Infrastructure required. Is the current Nigerian University system or Technical Education system able to train, educate and produce experts and professionals that will participate in this $5.9 trillion dollar marketplace?

“The challenge is how many of these Aviation experts and professionals will be Nigerians and how can implement and benefit from setting up the various Infrastructure required. Is the current Nigerian University system or Technical Education system able to train, educate and produce experts and professionals that will participate in this $5.9 trillion dollar marketplace?

“It is only when we attract the best teachers to use the best infrastructure to educate our children that we can be confident that we will stand a chance to compete and get a sizable share of the For this to happen the best Aviation Education Policy must be in place, the right enactment must be prepared and passed into law.

“We must create the right enabling environment for all stakeholders. We must have our eyes on allowing our children to have equal rights and the optimum exposure to the best aerospace education in terms of curriculum and teachers,” he added.

Akwa Ibom State Governor, Udom Emmanuel (2nd l), during the commissioning of the Toothpick and Pencil Factory at Etinan L.G.A of the State… on Monday. With him are, Senior Special Assistant, on Technical Matters and Due Process, Engr. Ufort Ebong (l); Deputy Governor, Mr. Moses Ekpo and former Military Administrator of the State, Air Commodore Idongesit Nkanga.

Nwanyanwu, Kabiru, others unveil new party in Abuja Ï d Ɠ ƍ Ɗ ƅ ƍ ƍƄƃƓƃƉƆ ƅ Ɖƕ Ƌ ƉƆƎƆƃƆ

Lateef Ibrahim, ƂƏƇ

ÏÏÏ The nation’s political space

was on Monday widened with the formal unveiling of a new political party, Advanced Peoples Democratic Alliance (APDA), in Abuja, the nation’s capital.

The party was unveiled by an erstwhile National Chairman of the Labour Party and lawyer, Chief Dan Nwanyanwu.

A member of the Peoples Democratic Party (PDP), and Chairman emeritus of DAAR Communication, Chief Raymond Dokpesi, who was present at the unveiling ceremony of the new party, however denied being involved in the party.

While explaining the rationale behind the new party, Nwanyanwu stated that it was the desire to give Nigeria a truly progressive party, stressing that that most

of the existing political parties, which pride themselves as progressives, are at best reactionary elements.

In the words of Nwanyanwu, “APDA as a social democratic movement has a single purpose and mission of ensuring that every Nigerian, no matter creed, culture, learning and social grouping, would have equal and unfettered access to all accruing dividends of citizenship.”

The former National Chairman of LP promised that the APDA will provide a level playing field for all members of the party.

He assured that in the new party, the office of president will rotate between the North and South, with all the geo-political zones talking turns to produce a President for the country.

The governorship and local government chairmanship positions, he stated, will also rotate among the three senatorial zones

in states and wards.

Earlier in his address, the interim National Chairman of the party, Mallam Shitu Mohammed Kabiru promised that if APDA is elected into office, it would give the nation a new beginning.

Kabiru explained that 25 per cent of elective positions in the party will be reserved for the youths, while the women and physically challenged will get 30 and five per cent respectively.

His words: “APDA, is an actualisation of the fundamental human rights of Nigerians to determine their national destiny. It is also in recognition of the general hopelessness brought upon the people by mal-administration and the urgent necessity to give Nigerians fresh opportunities and new platforms to re-direct their electoral mandate to a dependable, committed and capable generation of leaders ahead of the 2019 general elections.

Osinbajo seeks sanctions against banks, financial instutitions Continued from page 5 diverted the sum of N1.35 trillion and $7.5 million to themselves between 2006 and 2013.

He added that the immediate impact of corruption is that Nigeria is deprived of the capacity to realise its sustainable development goals of the United Nations.

“It is hard for any country to achieve that when it has looted 90 per cent of its resources.”

According to him, “the annual flow of criminal activities is esti-

mated at between $1 and $1.6 trillion and half of this comes from developing countries like ours. It is therefore vital that we increase our capacity of understanding the illicit financial flows if we are to meet our sustainable goals”, he said.

In his keynote address the Chairperson, International AntiCorruption Conference Council, Akere T. Muna, said that Africa loses $50 to $80 billion annually through illicit financial outflows.

He expressed worry that de-

spite the inflow of development assistance, Africa still remains a net creditor.

The Attorney General of the Federation (AGF) and Minister of Justice, Mr. Abubakar Mallami, (SAN), said at the event that Nigeria’s ability to recover some of the illicit funds rely on the support and cooperation of the international community.

He expresed the belief that recovering of such funds will quicken the country’s recovery from recession.

Page Thirteen

Daily Times Nigeria Tuesday, June 6, 2017

s

13

PHOTO TIMES

Editorial Production of illegal drugs in Nigeria

R

ecently, the United Nations (UN) lambasted Nigeria for the continued production of illicit narcotics and psychotropic drugs in the country. A report by International Narcotics Control Board, an agency of the UN, stated that three illegal laboratories manufacturing methamphetamine were dismantled in May 2015 bringing to 10 the total number of such laboratories closed in the country since 2011.

It further noted that in most of the methamphetamine laboratories seized, only traces of the key precursor, ephedrine, were found and the sources of the chemicals were generally not known. Lamenting the development, Country Representative of United Nations Office on Drugs and Crime in Nigeria, Cristina Albertin, called for concerted efforts to checkmate the illicit manufacturing of psychotropic substances.

As if to corroborate the claim, some officials of the National Agency for Food and Drugs Administration Control (NAFDAC), have admitted that they are aware of persistent and emerging challenges regarding drug problems in Nigeria, even as they are working with relevant stakeholders to address the problem. We are alarmed at this revelation and call on the relevant authorities to put all stringent measures in place to check such nefarious business in the country.

By their composition, psychotropic drugs are highly dangerous substance which production must be strictly regulated and supervised by experts. Moreover, their environmental and health consequences are endless. For example, gases that are released from the production of meth are deadly, if inhaled. For every pound of methamphetamine produced, five to six pounds of waste products are generated, even as they also cause skin cancer if exposed to

Publisher/Editor in Chief Group Managing Director Noel Anosike Group General Manager Olisa Egbunike 08034004224 Head, Operations Isaiah Udo 08033230673

the human skin.

With a huge population of some 170 million people, Nigeria is an awesome and thriving market for the consumption of illicit drugs. Indeed, more worrisome is the fact that foreigners have infiltrated the illegal drug manufacturing syndicate in the country.

Reports reveal that between 2013 and 2015, a total of 284.583kg of methamphetamine (meth) were seized by the NDLEA; the largest seizure being 50kg of Ephredine that was destined for Mozambique. Reason for involvement of foreigners is that very few Nigerians have the expertise to produce these illicit drugs.

There is the fear that if Nigerians should master the art of producing meth locally, the health and environment implications would be disastrous.

Investigations show that the preferred destination for meth traffickers in Nigeria is Asia and the reason is that it is the most profitable.

While a kilogramme of cocaine sells for N3m that of methamphetamine cost N12m/N15m per kilogramme. Medical report reveals that the drug gives users an intense rush, heightens attention and curbs appetite. It is highly addictive. Over time, addicts usually suffer anxiety, weight loss and tooth decay.

According to drugs experts, Nigeria dominates meth production in West Africa. Aside having the continent’s biggest population it has some of the region’s most established criminal gangs.

Given the enormous damage narcotics do to humanity, no effort should be spared by the government to curb its menace.

Drug abuse is a global phenomenon that has assumed increasing and alarming dimensions; there is the need for all stakeholders to take clear decisive and sustained actions to stem this menace.

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Senate President, Dr. Abubakar Bukola Saraki (m), in a handshake with the Deputy Speaker, House of Representatives, Yussuf Lasun (l), with them is, Leader of the Senate, Ahmed Lawan, during a dialogue session to mark the first anniversary of the National Assembly Business Environment Roundtable, Abuja… on Monday.

Ogun State Governor, Sen. Ibikunle Amosun (l), receiving trophy won by the football team of the African Church Primary School, Ota, Ogun State, at the just concluded Channels International Kid’s Cup from the team captain, Master Olaleye Johnson, at the Governor’s Office, Oke-Mosan, Abeokuta, Ogun State ... on Monday.

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L-R: Guest Speaker, Mr. Bisi Rodipe; Edo State Governor, Mr. Godwin Obaseki and Edo State Deputy Governor, Comrade Philip Shaibu, during the 2017 World Environment Day in Benin… on Monday.

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Nelson Mandela

Obafemi Awolowo

Nnamdi Azikiwe

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

“Behind the ugly terrible mask of misfortune lies the beautiful soothing countenance of prosperity. So, tear the mask!

“There is plenty of room at the top because very few people care to travel beyond the average route”.

News 14 IG lauds Obiano for offering good governance to Anambra people Alphonsus Nweze, Awka

ÏÏÏThe Inspector General Of

Police, Ibrahim Idris, has lauded Governor Willie Obiano of Anambra State for offering good governance, describing him as the most security conscious governor in Nigeria.

Idris stated this at Aguleri Anambra East Local Government Area of the State during the foundation laying ceremony for No. 54 Police Mobile Force Squadron, Onitsha Aguleri Barracks Anambra state.

He said Obiano administration has so far demonstrated readiness to tackling insecurity challenges in the State.

According to him it resulted to the recent declaration of Anambra State as the safest state in Nigeria, while charging the police and other security agencies to continue to discharge their duties with fear of God. Governor Obiano in his address commended IGP and other CPS from neighbouring States for finding time to grace the occasion pledging his continuous support and collaboration with every security agency in Anambra State to ensure adequate security of life and property which he said was the fulcrum of his government.

He however, pledged to complete the project during his second tenure.

Consequently, the Anambra state Commissioner of Police, Sam Okaula in his welcome address noted that Governor Obiano’s administration has been partnering with the security agencies in the state, stressing that criminals in Anambra State have all relocated to some other states.

Okaula warned the criminals to remain relocated , reassuring that the state will continue to maintain zero tolerance to criminal activities.

Okaula also thanked the Government of Anambra State for recent donation of motorcycles and some vehicles all in a bid to combat crimes in the State, saying that the police was ready to continue to synergies with other security agencies in the state to maintain the security pace already set.

Daily Times Nigeria Tuesday, June 6, 2017

Labour flays Senate’s proposed N5 levy on fuel

Katsina awards N1.5b dam project to improvement water supply

Joy Ekeke

Segun Olaniyan,

ÏÏÏThe Nigeria Union of

Petroleum and Natural Gas Workers (NUPENG), the Trade Union Congress of Nigeria, and the Nigeria Labour Congress (NLC) have kicked against the Nigeria senate’s proposed plan to increase with N5, fuel price, which will make the price of a litre of petrol to sale above N145.00.

According to separate statements released by the unions, they describe the proposal as ‘anti-people’.

NUPENG in it’s statement signed by the president, Igwe Achese stated that “it is one tax and levy too many, considering the recession, poverty and hunger in the land”. Vowing to resist the move if passed into law, due to its ability to cause untold hardship on the citizens of this country.

“The Union condemns in its en-

tirety the imposition of 0.5 percent charges on passenger fares as part of the levy.”

“It advised the Senate and the federal government to look at other ways to fund the roads, infrastructure with recovered monies from looters and through public private partnership schemes, instead of further impoverishing poor Nigerians that voted for them.”

In similar vein, the president of the Nigeria Labour Congress (NLC), Ayuba Wabba, who on behalf of the labour centre aired their disapproval at the proposed increase stating that it would be fully resisted.

“We as organised labour would not allow such an action to sail through, because it is anti-people.

“Increasing fuel price in whatever form will affect so many things and we say no to it. Government should

be sensitive to the plight of the people in any decision making process, because people come first in any issue.”

He added, “Rather than impose more hardship on the people, the political class should cut their bogus budget and expenditure in order to make money available to fund road rehabilitation rather than transfer the burden to the people.”

Also kicking against the increase is the Trade Union Congress who categorically stated that Nigerian lawmakers and other political office holders have become numb to pains, agonies and miseries of Nigerians.

The union in a signed statement by its President and General Secretary, Comrade (Dr.) Bobboi Bala Kaigama and Comrade (Barr.) Musa-Lawal Ozigi, said funding for the Proposed National Roads Fund will only impoverish Nigerians.

Glo Mega Music Nationwide Tour anchor, Ebube Nwagbo (3rd l); flanked by, Benedict Okpilio; Saka Sunday; Derek Robert; Daniel Omo and Yoyo Confidence, all Glo subscribers, during the Benin edition of the show... recently.

Katsina

ÏÏÏ

The Katsina state government has awarded a contract for the expansion of Malumfashi dam at N1.5 billion to improve water supply in the area.

Speaking when Governor Aminu Bello Masari visited the dam site at the weekend, the state Permanent Secretary, Ministry for Water Resources, Alhaji Sani Umar said work on the dam is expected to be completed by the end of next month.

According to him, the dam was built in 1983 to provide six million cubic litres of water to Malumfashi and kankara local government areas.

He revealed that the project when completed would provide 12 million cubic litres of water daily to the two council areas and the surrounding villages.

The Permanent Secretary added that the on-going rehabilitation work include the construction of a 10 kilometres access road to the dam site and the rehabilitation of the dam spill ways.

Other scope of the work, he said include the repairs of the water pipeline, fencing of the treatment plant and the rehabilitation of the water overhead tanks, as well as the rehabilitation of fifteen staff houses.

Responding, Governor Aminu Bello Masari who expressed satisfaction with the quality of work executed, said the expansion work at the dam was awarded to address the scarcity faced by the people of the area.

He however urged the contractor handling the project to ensure standard and complete the job as scheduled.

Community declares Council chair aspirant hails Asiwaju, Ambode on good governance war on sexual was able to build a new ofHon. Oyewuwo is a scion of the offenders ÏÏÏA chieftain of the All ing, “we can see it and I think he tion fice complex, acquired new bus-

Progressive Congress (APC), Hon Fatai Abayomi Oyewuwo, has scored Lagos governor, Mr. Akinwunmi Ambode, high on good governance, peace and infrastructural development.

Hon. Oyewuwo also described the former state governor, Asiwaju Bola Ahmed Tinubu as a courageous, transparent, honest and caring leader who is also a great mentor to many future leaders.

Hon Oyewuwo stated this while speaking to journalists at APC ward F secretariat at Idiaraba, Mushin recently. According to Oyewuwo, “Governor Ambode’s performance are visibly clear to everybody, stat-

is one of the best governors in Nigeria. It gladdens my heart to see the progress made since his assumption of office since May 29, 2015.

“The governor’s dream of transforming Lagos and its environs is becoming a reality as over 200 roads have been constructed and commissioned.

Look at Epe, Abule–Egba, Aboru e.t.c., the network of roads has been complemented with street lights to provide illumination and enhance socio–economic activities.”

Recall that Hon. Oyewuwo, was appointed the deputy executive secretary in 2014 under Hon Jide Bello. The administra-

es, rehabilitated aging health centres in Mushin and gave a very high premium on welfare package for the Nigeria Union of Local Government Employees (NULGE).

Speaking on his next political plans, the party stalwart said: “I am ready to work with anybody as outlined by my leaders in Mushin.”

He promised to turn around the fortunes of Mushin youths, ‘I will place a high premium on youth empowerment, also assuring the less privilege of his commitment to guarantee their welfare in line with APC’s programmes.”

late Alhaji Fatai Olajide Oyewuwo, an elder statesman whose personality is exemplary based on his distinctive generosity and services to humanity in general.

Oyewuwo

ÏÏÏ

The elders of Uruaofiong community in Akwa Ibom State have vowed to put an end to the activities of lesbians, bisexuals and gays and their likes.

Proudly supported by the law, they have proceeded to put their words into action as no fewer than 10 persons have fled for fear of being killed or lynched by residents.

The latest being one Mrs. Inyang who is said to be at large and have been declared wanted by the community for engaging in bi-sexual acts with her partner and it was gathered that the community has given an ultimatum to her husband to produce her.

Daily Times Nigeria Tuesday, June 6, 2017

15 News

Stakeholders will determine my successor, Amosun ÏÏÏOgun

L-R: Representative of Minister of State on Aviation, Capt. Sidi Abdullahi; Sales Director, West Africa Commercial Airplanes, Boeing, Mr. Larry Tolliver; Executive Director, Spring Fountain, Tokunbo Fagbemi; Special Guest, Chief Femi Olopade and Chairman, Air Peace, Mr. Alen Onyema, during the 2017 Expanded Horizon Conference themed: Aviation Education Infrastructure Challenges and Potential, in Lagos...on Monday. Photo: OLAWALE ROTIMI.

Ekeh raises alarm on impending digital disruption in Africa Tony Nwakaegho

ÏÏÏ

Entrepreneur and chairman of Zinox Group, Leo Stan Ekeh, has raised alarm over an impending digital disruption in Africa.

This, he said, is occasioned by the challenges of mass unemployment and the failure of most African states to match the rapid pace of digital evolution.

Ekeh, a renowned digital enthusiast and global advisor to Microsoft made this call during a breakfast talk with select entrepreneurs from Africa and Asia in Dubai Marina on Sunday, stressing that Africa has barely 13 and a half years to avert the impending disruption which may throw the continent into the proverbial Dark Ages.

“Nineteen years ago, I had warned on the need for Nigerians and Africa, as a whole, to wake up from a selfimposed slumber and follow the pace of digital evolution.

How? By creating resources that will empower more ventures for employment of our teeming youthful population.

This is essential because the

rise of computing and the coming age of super-computers is bound to take many jobs away while making others redundant.

“This warning was largely unheeded as only a few paid attention. As at today you have over a million high tech incubation centers in Asia alone while Africa has less than 500 and most of them less equipped and politically driven. But we are beginning to see the consequences today.

Unemployment is rife and has transformed into a major problem confronting many African economies with no concrete solution in sight. With the global pace of advancements in ICT, the situation is bound to worsen.

Many more hands and jobs will be displaced by technology and the failure to expand and create more industries to accommodate these losses will be felt more harshly,” he emphasized.

Ekeh’s position was resounded in a recent presentation by Luc Cortebeeck, VicePresident, Governing Body of the International Labour Organization (ILO) who mentioned new technology as one

of the major challenges facing the future of work.

Cortebeeck also disclosed that the world is suffering an official unemployment rate of 210 million people, with an estimated 600 million extra jobs needed to fill the gap by 2030.

Ekeh warned that Africa has a limited period of time in which to act to avoid being left behind by the rest of the world.

“A major digital disruption will happen in Africa 13 and half years from today. Last year, we had about 15 years left but it is now 13 and half years for this disruption to climax for those not prepared. The signs are already here. Internet is progressing at a high speed; major countries are investing in robots and what I regard as digital oracles such as IBM Watson, and others to replace humans in many areas of endeavour including law, warehousing, factories, medicine, security, traffic control etc.

“The major concern for Africa is that this might cause a revolution as investors will have no choice than to prefer robots for example over hu-

mans to run their operations.

Remember, robots are not dumb and deaf; they do not go to church, vigils, mosques or village meetings; they don’t belong to labour unions and social clubs, do not technically fall sick and only require servicing every 37 days; hence more productive than humans.

“In my hunger to anticipate and prepare for the future, I lost millions of dollars with other investors from Europe and Middle East in Asia last year in our research on advanced technology but please note that, many others with critical infrastructure at their places of birth are succeeding. Mine was a focus on solutions to avert disaster that could erupt in my country not too long from today.

We lost money as a result of the lack of certified research incubators and credible local database of certified knowledge workers in Africa. A lot of us had to engage in research in Asia to find solutions to advanced technology and robotics because of their hunger to lead the world from the second quarter of this century.

Business forum tasks Nigerians to grow small business, end recession Kingsley Chukwuka, Jos

ÏÏÏ

Plateau Coalition of Business and Professional Associations (PLACOBA), had tasked Nigerians to engage in small business as doing so will lead the country out of recession.

PLACOBA also pledge to create an enabling environment by enhancing

its synergy with government to meet the challenges faced by small and medium businesses.

Speaking with newsmen in Jos, the chairman of PLACOBA in Plateau, Simon Tagni, also said PLACOBA would continue to partner with government with the aim to also bust tax generation as this is most possible when small businesses thrive.

The Chairman said, “as a group, we must commend citizens of Plateau for staying peacefully with each other; as the peace enjoyed has encouraged investors to scout for new opportunities in the state. “In the past, investors were scared of coming to Plateau, but now that peace has returned, business would start to pick.”

Mr. Tagni called on the media to also join hand with PLACOBA in creating the necessary awareness and understanding required to strengthen the capacity of businesses in the country. “Nigerians should see the recession as an opportunity to go into businesses, the media should support small businesses to grow,” he said.

State governor, Senator Ibikunle Amosun has said that stakeholders, representing major sectors in the state, will determine his successor.

Speaking at the Ramadan Iftar with members of the National Assembly, representing Ogun state and members of the state House of Assembly, at Government House, Abeokuta, Amosun, who was commenting on his likely successor, assured that he would support any candidate from Ogun West Senatorial District, adding however that stakeholders, including traditional rulers and traders, will play key roles in this regard.

Responding after the Legislators had unanimously passed a Vote of Confidence on him, Amosun noted that no individual can do it all alone, appealing for the support of all to move the state forward.

The governor attributed the success recorded since the inception of his administration in 2011 to the cooperation of the Legislators.

He thanked the Senators and the House of Representative members as well as members of the state House of Assembly for complementing the efforts of his government.

Hon. Isiaka Ibrahim, representing Ifo/Ewekoro Federal constituency in the House of Representatives, moved the motion for a Vote of Confidence on the governor, seconded by Hon. Yetunde Sogbein.

The federal and state legislators unanimously commended the Amosun administration for its lofty programmes and projects, while also pledging their unflinching support for the governor.

The specifically acknowledged the government for the completed and ongoing infrastructural development across the state in the last six years.

Ekiti petroleum marketers suspend strike after Aregbesola’s intervention Sodiq Adekunle, Osogbo

ÏÏÏ

The Independent Petroleum Marketers in Ekiti State have suspended their strike following the intervention of Governor Rauf Aregbesola of Osun state.

Governor of Ekiti state, Mr. Ayodele Fayose had on Sunday met with Governor Aregbesola at the Government House, OkeFia, Osogbo, where the issue on how to resolve the crisis was discussed.

The decision to suspend the strike was reached at a peace meeting called at the instance of governor Aregbesola having in attendance Ekiti state governor Ayo Fayose and the petroleum marketers’ leadership in Osogbo.

This was contained in a communique signed by governors Aregbesola and Fayose and representatives of the petroleum marketers and made available after the closed door session.

The communique read in part, “Following disputations on modalities for establishing and operating filling stations in Ekiti State between the government and independent oil marketers which led to face off culminating in the suspension of the lifting and sale of petroleum products in Ekiti State, a reconciliatory

meeting held today June 4, 2017, at the Government House, Osogbo, resolved as follows: “An ad hoc committee be constituted to fashion out in clear terms the conditions and guidelines for the establishment and operations of filling stations in Ekiti state; “The committee comprising representatives of Ekiti State Government and oil and gas stakeholders shall commence work on Wednesday 7th June, 2017; “In the spirit of reconciliation, Ekiti State Government agreed to pleas for reversal of the revocation of some Certificates of Occupancy of landed properties on which filling stations are built, except the ones on waterways, canals and where there is no justification for such revocation; “In that same spirit, the government agreed to stop further demolitions pending the outcome of the committee’s report; and“Consequently, the Nigerian Union of Petroleum and Natural Gas Workers (NUPENG), Independent Petroleum Marketers Association of Nigeria (IPMAN) and other related oil and gas unions hereby suspend the industrial action embarked upon by their members, with immediate effect.”

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Daily Times Nigeria Tuesday, June 6, 2017

Tech Times

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African companies’ digital IQ on decline –PwC

Networks to face difficulties on Internet as IPV4 ends

The latest PwC’s Global Digital Intelligent Quotient (IQ) survey has indicated that African companies IQ has been on decline, as enterprises struggle to return value, overlooking fundamental integration of technology with the human experience.

Most organisations around the world, the report revealed have not done enough to keep up with the digital era and leadership is falling short, with many chief executives yet to fully engage in the initiatives of digital transformation.

This is coming despite 10 years of continued investment and commitment from top executives.

However, African companies match their global peers in many measures of Digital IQ: just over half (52 per cent) rate their organisation’s Digital IQ as strong and a score of 70 per cent or greater.

However, South African companies stand at risk, with less than half (47 per cent) rating their organisation’s IQ over 70 per cent.

Tielman Botha, Digital Lead for PwC South Africa said, these are some of the highlights from the 10th edition of PwC’s Global Digital IQ survey, with a focus on Africa.

He said, “Digital IQ has a different meaning today than it had when PwC started this research a decade ago. Today, the scope and scale of digital-driven change has grown significantly, and organisations have invested a lot of time and money to keep up.”

According to him,“Despite notable advances in technology, company leaders are no better equipped to handle the changes coming their way than they were in 2007, according to the survey results.”

In his comment, Botha, said Digital IQ is the measurement of an organisation’s ability to harness and profit from technology has actually declined since we began asking executives to self-assess their own organisations.

As this year’s survey shows, many companies are grappling with raising their Digital IQ. There is awareness that digital capabilities are a critical component to success, and that emerging technologies have to be explored. But, leaders remain challenged by the need to transform their organisations to truly integrate digital into the company’s culture.

Stories by By Tony Nwakaegho

TIELMAN BOTHA

Digital Lead for PwC South Africa

New service providers, as well as, existing networks se to king to expand their networks are to face challenges in accessing Internet Protocol Version 4 (IPV4), as the resource nears exhaustion in Africa.

AFRINIC, the only manager of Internet number resources in Africa, had declared that its remaining IPV4 is now on its last block, which consists of only 16 million IP address and could be exhausted very soon.

Commenting on this development, Mohammed Rudman, chairman, IPv6 Council Nigeria, said that the declaration by AFRINIC means that the last IPV4Internet address is coming to an end, as Africa is the only region in the world that still has IPV4.

He explained that the implication of the exhaustion on Nigeria which is predominantly using IPV4 is the new Internet service providers, as well as, the existing networks that want to expand their networks will find it difficult to get IPV4, which most networks in Nigeria run on.

He said, “In view of the fact that the resource is nearing exhaustion, it is no longer readily available as it used to be, it is now being rationed and scarce. This means that new service providers will have resort to the use of IPV6 which has more capacity.”

He added: “We have advised network op-

LANREAJAYI

Managing Director, Pinet Informatics and member of IPv6 Council Nigeria

erators long before now to start adopting IPV6 in parallel with IPV4 for them not to face steep learning curve but gradual. Now that IPV4 is exhausting they will face difficulties in migration process. However, some networks have acquired IPV6 in Nigeria but are yet to deploy it for use they will now begin to deploy it for use.”

Engr. LanreAjayi, Managing Director, Pinet Informatics and member of IPv6 Council Nigeria, corroborated Rudman, but attributed the delay by operators in the country to deploy IPV6 to people’s resistance to.

He said, “In other regions, networks planned their migration in advance, but

here we want the regulator to force us to migrate, now that the resource is no longer available, we are going to learn in a hard way.

“There is a limit to the use of Network Address Translation (NAT), which operators are using to convert private addresses of Internet protocol (IP) to public addresses thereby making the country to consume less resource of IP addresses.”

OlusolaTeniola, President, Association of Telecommunications Companies of Nigeria (ATCON), decries the low level of IPV6 deployment in the country.

According to him,“The deployment of IPv6 is currently very low in the country; and though there is a national Nigerian IPv6 council formulating a Nigerian Strategy paper. Only a few organisations have switched on IPv6 and to date traffic is minimal within the country and only transit traffic in between other countries supporting IPv6 version is evident. So, IPv4 is still predominantly used to terminate IP payloads containing WWW, HTML, MPLS and other forms of content into Nigerian based networks.”

He explained that, concentration and effort needs to be a drive to migrate all servers located in the country from IPv4 in a manner that is as seamless as possible, which includes telecoms, banking, other financial institutions, e-POS platforms and e-commerce networks.

ICT: Stakeholders call for National Fibre provider to deepen broadband Stakeholders in the Information and Communication Technology (ICT) sector have called for National Broadband Fibre provider to deepen further broadband penetration in the country.

The stakeholders made the call at the Broadband Summit 2017 organised by BusinessDay Media Ltd, recently in Lagos.

The Chief Executive Officer of Spectranet, Mr David Venn, said that there was the need for the National Broadband Fibre provider so that Nigerians would benefit from the broadband revolution, adding that voice calls through mobile phone had changed everything but the next phase was broadband.

Venn pointed out that the challenges hindering broadband penetration should be addressed to ensure it got to every part of the country, adding that broadband would have greater impact on the lives of Nigerians.

He said, “Nigeria needs a National Broadband Fibre provider. There is need for carriers to be able to get broadband to the hinterlands. The cost of international bandwidth has changed demand for broadband in the last two years.”

According to him, “The Nigerian Communications Commission must sanitise the sector of anti-competitive issues.”

The Managing Director of Vodacom Business Nigeria, Mr. Lanre Kolade said that the economy

was biting hard on all the operators, noting that the Tier II Telecommunications’ operators in the country were struggling to survive.

He hinted that the Tier I operators cannot be everywhere hence, the need for the smaller operators to go to the smaller areas and deploy business strategies that will work.

He also canvassed that there should be a level playing field as such would stop anti-competition in the sector.

“To deepen broadband penetration, there should be data centres across the country so that the rate at which our traffic goes outside Nigeria will reduce,” he added.

The Chief Transformation Officer of MTN Nigeria, Mr. Bayo Adekanmbi, said that there was high demand of broadband by Nigerians, adding however, that there is no adequate infrastructure to deliver high speed internet to them.

According to him, the nature of broadband was holistically different , as it was more of a long term project as the issue of cost was critical.

He urged that infrastructure to deliver broadband should not be taxed to ensure delivery to last mile at an affordable cost.

The Chief Executive Officer of Ntel, Mr. Kamar Abass said that there was the need for more spectrums to deliver broadband to Nigeria, while the industry should consider infrastructure sharing as active engagement on it was still lacking.

The Chief Executive Officer of MainOne, Ms. Funke Opeke said that broadband was an enabler of economic growth, but lamented that recession had changed the dynamics of the broadband industry.

The industry, she said depended on importation of its infrastructure, whereas, there had been the challenge of foreign exchange.

She advised that the country must pull itself out of oil dependency and remarked that broadband is the step toward economy recovery.

“There is need to know we can create more power houses like Google, Facebook, Amazon, Alibaba, among other issues, to develop the economy,”Ms. Opeke said.

DAVID VENN

CEO of Spectranet

Daily Times Nigeria Tuesday, June 6, 2017

19 Tech Times

NOTAP, CWG, NITDA partner on local technology, capacity Respite is set come the way of local software developers, as the National Office for Technology Acquisition and Promotion (NOTAP) plans to organize a local technology capacity workshop this year in partnership later with the PanAfrica Information and Communications Technology Company, CWG Plc and National Information Technology Development Agency (NITDA).

Daily Times gathered that the workshop is part of efforts to reduce and reverse the quantum amount of money that leaves the shores of Nigeria, as a result of technology imports, and ultimately boost local capacity in line with the local content policy of the Federal Government.

Dr. Danazumi Ibrahim, Director General of NOTAP, disclosed that the workshop aims at sensitizing Nigerians and various stakeholders on the need to build capacity to develop software locally that can favourably compete with foreign software.

He added that this would drastically reduce dependence on foreign software and capital flight, which is one of the bane of Nigeria’s seemingly poor economy.

Dr. Ibrahim, while inaugurat-

ing the workshop committee comprising of teams from NOTAP, NITDA and CWG in Abuja recently, said: “I feel the pain each time we have to sign for foreign software because of the huge revenue that Nigeria is losing.”

The DG NOTAP said that before Nigeria can reduce the hold of foreign partners, the country must be prepared to develop more capacity by pulling resources and competences together productively.

However, UkejeNdukwe, Principal Scientific Officer and representative of the Team Lead, for NITDA, said the Government Agency is saddled with the mandate of developing the IT Industry and was committed to the success of the workshop, stressing that one of the surest ways of using technology to drive the economy is to develop home-grown contents and patronise it, even as a government’s agency. Ndukwe said, NITDA is enthusiastic about the opportunity to partner with NOTAP and CWG to drive the industry forward, adding that it has set up a Special Purpose Vehicle (SPV), which is called the Office of National Local Content Development, as one of the ways it seeks

DR. DANAZUMI MOHAMMED Director General/CEO of NOTAP

to carry out its mandate.

UdukheliIzebuno, Business Director, Government Sector at CWG Plc commended NOTAP for believing in the initiative and hosting the inaugural meeting and also to NITDA for agreeing to the partnership.

Izebuno explained that the tripartite being formed by the three organizations could be likened to a group of Nigerians that had decided to step forward with a common charge; to change the way the Nation received and served technology.

He lamented that Nigeria was too weak currentlyin its internal capability to develop soft-

ware required to meet the huge demand for driving the economy forward.

According to him, when CWG put forward the concept of this initiative in the form of a workshop, it was with the intention of getting the participation of a broad range of key economic players, all with the central aim of addressing the need to bridge the gap and build domestic capacity.

“We intend to use the workshop to sensitize end users and stakeholders, especially the banks who appear to be the major users of foreign software; on the use of locally developed

software available to them and the importance now more than ever to develop local capacity,” he added.

The Inaugurated Committee of the proposed workshop were of the view that there was a dire need to focus on higher institutions because there is a huge disparity between what is taught in these institutions and the current realities in the economy.

“It is more glaring than ever, that there needs to be a change in the curriculum, hence Organisations and Agencies; need to rise up and regularly invite students for workshops such as this, so as to expose them to the possibilities and potential that await them,. thus providing them with some insight into what is required and obtainable in the industry,”Izebuno stressed.

The proposed National Workshop for the promotion of ‘Home-Grown Technology’ is fallout of several meetings held between CWG, NOTAP and NITDA in the last few months, culminating in the formation of a committee comprising of key members of staff from NOTAP, NITDA and CWG. The committee is to be chaired by NOTAP with CWG as the Vice Chairman and NITDA as the Secretary General.

Civic Innovation Lab makes Stakeholders urge startups’ collaboration its debut in Abuja at MainOne’s SME’s Business Clinic

Indication has emerged that Civic Innovation Lab, a tech incubator and an accelerator programme, which enables start-ups that have ideas which can bring about social impact in the world, is to be unveiled in Abuja.

The organisers, in a statement made available to Daily Times ,said Civic Innovation Lab will offer startups a threemonth incubation period, an awesome creative workspace and facilities to work, network, grow, relax and innovate in.

“Their main aim is to help tackle social and economic problems that run rampant in our modern society, as well as, the challenges faced by startups. They have a tribe of amazing people committed to improving their environment and the way things are done, they are not afraid to challenge the status quo and think outside the box.

“The community at Civic Innovative Lab believes in leveraging technology and the government to help improve the social situation of the average Nigerian. Their main purpose is to engage the ingenuity of citizens by facilitating public-private sector collaboration, through the use of social innovation, government support, open data and a facilitated design process.” He said, “There are a lot of tech startups with groundbreaking ideas that can tackle our nation’s challenges in different areas including housing, health, education, transportation, job creation and many more, their aim is to connect the government with a variety of startups to implement and create long lasting changes and solutions.”

The Civic Innovative Lab which will be unveiled soon the statement added, is here to bridge the gap between solution providers and the leadership.

Leading social innovation center, Co-Creation Hub and the Fate Foundation, has called on Nigeria’s small businesses to collaborate with and learn from each other for effective growth for small and medium scale enterprises, SMEss. Nigeria’s small businesses to collaborate and learn from each other to scale, stressing that aggregation of resources is the only way for effective growth for small and medium scale enterprises This position was made by the representatives of these companies at the recent SME Business Clinic. The theme of the clinic: ‘ForSmartBusiness Clinic’, organized by MainOne, held at the CoCreation Hub, Yaba, Lagos.

Director at Fate Foundation, AdenikeAdeyemi, while giving a presentation on, “Collaboration for Growth,” highlighted the Co-Creation as a successful example of how the collaboration/ cluster model has worked in Nigeria; and encouraged small businesses to realise their potential by leveraging personal networks to test, develop services and access new markets.

This position was supported by the Director General of the Nigerian American

Chamber of Commerce, Mrs. Joyce Akpata, who emphasized that start-ups and small businesses can leverage partnerships with more established businesses rather than spending capital on unnecessary overheads.

Mrs. Akpata, who was represented by the Chief Executive Officer of Footprints to Africa, Mr. Osita Oparaugo, used the analogy of a local shoe manufacturers in Aba; and urged them to adopt technology to transform their businesses, creating an online sales model or leveraging partnerships with more established businesses rather than investing in CAPEX projects such as, renting a warehouse in Lagoseven with its attendant costs.

On his part, the Head, SME at the Lagos State Employment Trust Fund, Charles Anyanwu harped on the importance of entrepreneurship training and financial support for SMEs and shared financing opportunities currently available for small businesses provided by the Executive Governor of Lagos State, Mr. AkinwunmiAmbode.

Adeyemi Tanimomo, VAS Product Manager and Convener of the #ForSmartBusiness Clinic, frowned at Nigeria’s unfriendly business environment

FUNKE OPEKE CEO MainOne

and called for support for Nigeria’s small businesses.

Tanimomo listed the top challenges of small business to include, access to finance, markets, information, networks and productivity tools, stressing that this informed MainOne’s decision to organise the SME Clinic.

Technology adoption and use of productivity tools, according to him, would enable small businesses to scale their businesses.

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AKOUETE APELETE

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MRS. NNOROM NNENNA ANN

MRS. UWASOMBA JULIET CHINYERE

I, formerly known and addressed as MISS AMAKA NNENNA ABAH, now wish to be known and addressed as MRS. NNOROM NNENNA ANN. All former documents remain valid. General public please take note.

I, formerly known and addressed as MISS IBE JULIET CHINYERE, now wish to be known and addressed as MRS. UWASOMBA JULIET CHINYERE. All former documents remain valid. Key Stone Bank, IMSUBEB and general public please take note.

22 Public Notice KOLAWOLE ALADE BANMEKE 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. MRS. EVELYN DADA BANMEKE - CHAIRMAN 2. MISS. OYEYEMI BANMEKE - SECRETARY 3. MRS. ADEBISI AGENMONMEN 4. MR. OYEDOTUN BANMEKE 5. OYELEKE BANMEKE AIMS AND OBJECTIVES: 1. RENDER HELP TO THE POOR, LESS PRIVILEGED, ORPHANS 2. RENDER ASSISTANCE TO PEOPLE RAVAGED BY NATURAL DISASTER 3. TO FOSTER PEACEFUL CO-EXISTENCE AMONG FAMILY 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.

Daily Times Nigeria Tuesday, June 6, 2017

CHURCH ON THE HILL GLOBAL MINISTRY THE GENERAL PUBLIC IS HEREBY NOTIFIED THAT THE ABOVE NAMED HAS APPLIED TO CORPORATE AFFAIRS COMMISSION, ABUJA FOR REGISTRATION UNDER PART “C” OF THE COMPANIES AND ALLIED MATTERS ACT, NO. 1 OF 1990.

THE TRUSTEES ARE: 1. OGUNLEYE OLUYEMI ADEBAYO - PRESIDENT 2. SAMUEL IYABO OLUSHOLA - SECRETARY GENERAL 3. ATINUKE ANGELINA OLATUNDE - TREASURER 4. MICHEAL UDOH ARCHIBONG - P.R.O 5. BOLAJI ADEDIPUPO OLUGBODE - WELFARE OFFICER 6. AREGBE KOLAWOLE OLUWAGBENGA - MEMBER AIMS AND OBJECTIVES: 1. TO PREACH THE GOSPEL OF JESUS CHRIST. 2. TO RUN A MINISTRY OF PRAYERS, HEALING, DELIVERANCE AND PROPHETIC 3. TO ORGANIZE SYMPOSIUM, CONFERENCE AND PRAYER CLINIC FOR THE SPIRITUAL GROWTH OF 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: TRUSTEES

SIGNED BY: GENERAL SECRETARY

THE SEED SOWING MISSION

GOD’S TIME POWER INTERCESSORY MINISTRY INT’L

THE GENERAL PUBLIC IS HEREBY NOTIFIED THAT THE ABOVE NAMED HAS APPLIED TO CORPORATE AFFAIRS COMMISSION, ABUJA FOR REGISTRATION UNDER PART “C” OF THE COMPANIES AND ALLIED MATTERS ACT, NO. 1 OF 1990.

THE TRUSTEES ARE: 1. AKINSOLA CLEMENT OLUWOLE 2. AKINSOLA TITILAYO OMOLAYO 3. OLUWOLE PRAISE AYOMIDE 4. OLUWOLE VICTORY OLUWADAMILARE 5. OLUWOLE WINNER OLUWAKAYODE. AIM AND OBJECTIVE: 1. TOPROCLAIM THE GOSPEL OF OUR LORD JESUS. 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.

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: 1. APOSTLE CHIJIOKE OZOEMENA 2. ORAMULU AMALA 3. OZOEMENA LOVELINE ADAZE AIM AND OBJECTIVE: TO PREACH THE GOSPEL OF JESUS CHRIST ANY OBJECTION TO THIS REGISTRATION SHOULD BE FORWARDED TO THE REGISTRAR-GENERAL; CORPORATE AFFAIRS COMMISSION, 420, TIGRIS CRESCENT, OFF AGUYI IRONSI STREET. PMB 198, MATIAMA, ABUJA WITHIN 28TH DAYS FROM THE DATE OF PUBLICATION.

LIVELYGRACE TABERNACLE 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. PROPHET SUNDAY ADEBAYO 2. JUSTUS KOLLINGTON 3. AINA ADEBAYO 4. OJO ADEBAYO 5. AYODELE PELUMI 6. TOSIN PAUL YINUSA. AIM AND OBJECTIVES: 1. TO PREACH THE GOSPEL OF OUR LORD JESUS CHRIST. ANY OBJECTION TO THIS REGISTRATION SHOULD BE FORWARDED TO THE REGISTRAR GENERAL, CORPORATE AFFAIRS COMMISSION, PLOT 420 TIGRIS CRESCENT, OFF AGUIYI IRONSI STREET, MAITAMA, P.M.B 198, GARKI ABUJA WITHIN 28 DAYS OF THIS PUBLICATION. SIGNED: SECRETARY

AL-UMMAH CEMETERY AND ISLAMIC INHERITANCE AFFAIR’ FOUNDATION

THIS IS TO INFORM THE GENERAL PUBLIC THAT THE ABOVE NAMED FOUNDATION HAS APPLIED TO THE CORPORATE AFFAIRS COMMISSION (CAC), ABUJA FOR REGISTRATION UNDER PART ‘C’ OF COMPANIES AND ALLIED MATTERS ACT, 1990.

THE TRUSTEES ARE: 1. MUHAMMEDU LAWWAL ABDURRAHMON OLALEKAN 2. SANNI ISHAQ ADEKUNLE 3. AMOO ABDUL WAHEED 4. LASISI A. ADEPOJU 5. PROF RAJI ABDULGANIY OLAYINKA 6. GAFAR ALIYU OLANREWAJU 7. AKANDE MUHYIDEEN ADESINA THE AIMS AND OBJECTIVES ARE : 1. TO PROVIDE STANDARD AND AFFORDABLE CEMETERIES FOR DECEASED MUSLIMS IN VARIOUS COMMUNITIES. 2. TO ENSURE THAT DECEASED MUSLIMS ARE BURIED AT MUSLIM CEMETERIES IN ACCORDANCE WITH ISLAMIC GUIDELINES AND WITH PROPER AND UP TO DATE DOCUMENTATION. 3. TO GENERATE FUND FOR THE MAINTENANCE AND ESTABLISHMENT OF MUSLIM CEMETERIES. 4. TO ACQUIRE PARCELS OF LAND FOR MUSLIM CEMETERIES. 5. TO PROVIDE NECESSARY SECURITY MEASURES IN THE EXISTING AND NEW MUSLIM CEMETERIES. 6. TO ENLIGHTEN AND ASSIST THE MUSLIM COMMUNITY ABOUT THE PRINCIPLES OF INHERITANCE OF DECEASED MUSLIMS UNDER ISLAMIC LAWS. ANY OBJECTION TO THIS REGISTRATION SHOULD BE FORWARDED TO THE REGISTRARGENERAL, CORPORATE AFFAIR COMMISSION, PLOT 420, TIGRIS CRESCENT , OFF AGUIYI IRONSI STREET , MAITAMA , ABUJA WITHIN 28DAYS OF THIS PUBLICATION.

SIGNED: SECRETARY

SIGNED: SECRETARY

SIGNED : AKANDE MUHYIDEEN ADESINA 0803-800-1300

THE KINGDOM DYNASTY FELLOWSHIP OF NIGERIA

WILLIAMS ANDREW IROABUCHI FOUNDATION

COMMUNITY DEVELOPMENT AWARENESS & HEALTH EMPOWERMENT FOUNDATION

THIS IS TO INFORM THE GENERAL PUBLIC THAT THE ABOVE NAMED HAS APPLIED TO THE CORPORATE AFFAIRS COMMISSION (CAC), ABUJA FOR REGISTRATION UNDER PART ‘C’ OF COMPANIES AND ALLIED MATTERS ACT, 1990.

THE TRUSTEES ARE: 1. JONATHAN TATE 2. JEANIE TATE 3. WENDELL FLOYD SR. 4. JOHNSON MARTINS BORNGREAT THE AIM AND OBJECTIVE : 1.TO PREACH THE GOSPEL OF OUR LORD JESUS CHRIST. ANY OBJECTION TO THIS REGISTRATION SHOULD BE FORWARDED TO THE REGISTRAR_GENERAL, CORPORATE AFFAIR COMMISSION, PLOT 420, TIGRIS CRESCENT , OFF AGUIYI IRONSI STREET , MAITAMA , ABUJA WITHIN 28DAYS OF THIS PUBLICATION.

THIS IS TO INFORM THE GENERAL PUBLIC THAT THE ABOVE NAMED FOUNDATION HAS APPLIED TO THE CORPORATE AFFAIRS COMMISSION (CAC), ABUJA FOR REGISTRATION UNDER PART ‘C’ OF COMPANIES AND ALLIED MATTERS ACT, 1990.

THE TRUSTEES ARE: 1) UKANDU UGO CHARLES 2) UKANDU IKECHUKWU AUGUSTINE 3) DECLAN ROSEMARY NNE 4) NWACHUKWU BARNABAS 5) NWABUEZE STELLA ONYEKA THE AIMS AND OBJECTIVES ARE : A) TO HELP INDIGENT STUDENTS BY PROVIDING SCHOLARSHIP. B) TO HELP POOR STUDENTS WHO CANNOT PAY THEIR SCHOOL FEES. C) TO PROVIDE FOR THE POOR. ANY OBJECTION TO THIS REGISTRATION SHOULD BE FORWARDED TO THE REGISTRAR_GENERAL, CORPORATE AFFAIR COMMISSION, PLOT 420, TIGRIS CRESCENT , OFF AGUIYI IRONSI STREET , MAITAMA , ABUJA WITHIN 28DAYS OF THIS PUBLICATION.

SIGNED : SECRETARY

SIGNED : BARR. ROSEMARY DECLAN 08032834831

LION OF JUDAH DRAMA AND FILM MINISTRY

IZZI NNODO UNITY FORUM ABUJA

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

TRUSTEES ARE: 1. ADEDIGBA ADEDEJI ABIODUN- CHAIRMAN 2. JEGEDE DEBORAH OLUWASEUN- SECRETARY 3. DADA ADENIKE 4. OLUWATOMINIYI AYODEJI 5. DUPE OLOTU 6. ADEYEMI FLOURENCE IBIYINKA 7. EGILA JUMMAI JOY AIMS AND OBJECTIVES : 1. TO EVANGELIZE TO THE WORLD THROUGH DRAMA 2. TRAIN PEOPLE IN ACTING 3. TO HELP PEOPLE DISCOVER THEIR POTENTIALS

THIS IS TO INFORM THE GENERAL PUBLIC THAT THE ABOVE NAMED FORUM HAS APPLIED TO THE CORPORATE AFFAIRS COMMISSION FOR REGISTRATION UNDER PART ‘’C’’ OF THE COMPANIES AND ALLIED MATTERS ACT 1999 TRUSTEES: 1.MR. NWEGEDE MICHAEL -CHAIRMAN 2. MR. NWOGBODO CHIBUEZE OTOZI - SECRETARY 3. MR. IYEJI GODWIN - MEMBER AIMS AND OBJECTIVES: 1. TO PROMOTE PEACE AND UNITY AMONG THE MEMBERS OF THE FORUM 2. TO PROMOTE IZZI CULTURE AND TRADITIONS 3. TO ENCOURAGE CAREER SERVICE OF OUR MEMBERS 4. TO PROTECT THE GOOD IMAGE AND REGULATIONS OF THE FORUM AND SOCIETY IN GENERAL.

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

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: TRUSTEES

SIGNED: SECRETARY

EVELYN GOLDEN YOUNG ONES FOUNDATION THIS IS TO INFORM THE GENERAL PUBLIC THAT THE ABOVE NAMED FOUNDATION HAS APPLIED TO THE CORPORATE AFFAIRS COMMISSION (CAC), ABUJA FOR REGISTRATION UNDER PART ‘C’ OF COMPANIES AND ALLIED MATTERS ACT, 1990.

THE TRUSTEES ARE: 1. COSY EVELYN OTEKPEN- PRESIDENT 2. NWOKPOR KELECHI FABIAN- SECRETARY 3. IYOHA ISRAEL - FINANCIAL SECRETARY 4. IKIAKHALE CHRISTY - MEMBER 5. KWAGHE JOSEPH VANDI - MEMBER THE AIM AND OBJECTIVE: 1. HELPING OUR YOUNG ONES LIVE A GODLY LIFESTYLE ANY OBJECTION TO THIS REGISTRATION SHOULD BE FORWARDED TO THE REGISTRAR-GENERAL OF CORPORATE AFFAIRS COMMISSION MAITAMA ABUJA WITHIN 28 DAYS OF THIS PUBLICATION SIGNED: COSY EVELYN OTEKPEN- PRESIDENT

DAVID’S FOOTPRINTS ART 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.

THE TRUSTEES ARE: 1. MR .AWOBAJO OLUWASEUN OLUMIDE - PRESIDENT 2. PROFESSOR WOLE SOYINKA 3. MRS. FRANCESCA YETUNDE EMANUEL 4. SIR. PETER ADEGBOYEGA BADEJO 5. MRS. DAMILOLA AKINTUNDE AWOBAJO - SECRETARY 6. DR EMEKA CHRISTIAN IBEZI 7. MRS. OLUWAGBEMISOLA LATEEFAT ALLI 8. MR. AYO TEMITOPE NAIYEJU 9. MR. IRUOJE OMOARUKHE JOHN 10. NMECHA KINGSLEY THE AIM AND OBJECTIVE: 1. TO ENCOURAGE AND PROMOTE ART WORKS. ANY OBJECTION TO THIS REGISTRATION SHOULD BE FORWARDED TO THE REGISTRAR-GENERAL OF CORPORATE AFFAIRS COMMISSION MAITAMA ABUJA WITHIN 28 DAYS OF THIS PUBLICATION SIGNED: BARR. JACQUELINE

THIS IS TO INFORM THE GENERAL PUBLIC THAT THE ABOVE NAMED FOUNDATION HAS APPLIED TO THE CORPORATE AFFAIRS COMMISSION (CAC), ABUJA FOR REGISTRATION UNDER PART ‘C’ OF COMPANIES AND ALLIED MATTERS ACT, 1990.

THE TRUSTEES ARE: 1.JOSHUA OLUKAYODE OKEWOYE 2.OLUWATOYIN ABOSEDE FALOLA 3.ABIGAIL IYEWUMI OROLEYE 4.SAMUEL OKUNOYE OKEWOYE 5.KEHINDE FALOLA THE AIM AND OBJECTIVE : 1.TO PROVIDE HOME-BASE CARE AND SUPPORT FOR PEOPLE LIVING WITH HIV (LPHIV); ANY OBJECTION TO THIS REGISTRATION SHOULD BE FORWARDED TO THE REGISTRAR_GENERAL, CORPORATE AFFAIR COMMISSION, PLOT 420, TIGRIS CRESCENT , OFF AGUIYI IRONSI STREET , MAITAMA , ABUJA WITHIN 28DAYS OF THIS PUBLICATION. SIGNED : SECRETARY

BUILDING THE SAINT CHURCH INTERNATIONAL 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.

THE TRUSTEES ARE: 1. JIDEJISOS JOSIAH EJIE - CHAIRMAN 2. GRACE OLUCHUKWU EJIE - SECRETARY 3. MRS CHIOMA EZEH 4. HYCENT OBI THE AIM AND OBJECTIVE: 1. TO PREACH THE GOSPEL OF OUR LORD JESUS CHRIST ANY OBJECTION TO THIS REGISTRATION SHOULD BE FORWARDED TO THE REGISTRAR-GENERAL OF CORPORATE AFFAIRS COMMISSION MAITAMA ABUJA WITHIN 28 DAYS OF THIS PUBLICATION SIGNED: I. J. SHIRIMAI

SHINING STARS WORSHIP CENTRE 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.

THE TRUSTEES ARE: 1) REV GABRIEL OGHENERIOBORUE OHWOASE - GENERAL OVERSEER 2) PST MRS MARGARET OHWOASE - SECRETARY 3) ELDER VINCENT AKHUETIE THE AIM AND OBJECTIVE: 1. TO PREACH THE GOSPEL OF JESUS CHRIST ANY OBJECTION TO THIS REGISTRATION SHOULD BE FORWARDED TO THE REGISTRAR-GENERAL OF CORPORATE AFFAIRS COMMISSION MAITAMA ABUJA WITHIN 28 DAYS OF THIS PUBLICATION SIGNED: REV GABRIEL OGHENERIOBORUE OHWOASE

Daily Times Nigeria Tuesday, June 6, 2017

MRS. LOVETH ESTHER AKPOMEYOMA GABRIEL

NAOMI OKWORI

DOSSA COMLAN GRATIEN

I FORMALLY KNOWN AND ADDRESSED AS MISS BENSON LOVETH ESTHER NOW WISH TO BE KNOWN AND ADDRESSED AS MRS. LOVETH ESTHER AKPOMEYOMA GABRIEL. ALL FORMER DOCUMENTS REMAIN VALID, NIGERIAN IMMIGRATION SERVICE AND GENERAL PUBLIC TAKE NOTE

I FORMALLY KNOWN AND ADDRESSED AS MISS NAOMI AJIJI NOW WISHES TO BE KNOWN AND ADDRESSED AS NAOMI OKWORI. ALL FORMER DOCUMENTS REMAIN VALID AUTHORITY CONCERNED AND GENERAL PUBLIC TAKE NOTE.

I, FORMERLY KNOWN AND ADDRESSED AS GRATIER DOSSA, NOW WISH TO BE KNOWN AND ADDRESSED AS DOSSA COMLAN GRATIEN. ACCESS BANK, ALL AUTHORITIES CONCERNED AND GENERAL PUBLIC PLEASE NOTE.

ENO ETIM INYANG

ACHIBONG INONG

ALOYSIUS MICHEAL UDO

I, FORMERLY KNOWN AS ENO INYANG-EMMANUEL BEN; NOW WISH TO BE KNOWN AS ENO ETIM INYANG. ALL FORMER DOCUMENTS REMAIN VALID. ALL AUTHORITIES CONCERNED AND GENERAL PUBLIC PLEASE TAKE NOTE.

I FORMERLY KNOWN AND ADDRESSED AS ACHIBONG INHONG, NOW WISH TO BE KNOWN AND ADDRESSED AS ACHIBONG INONG. ALL FORMER DOCUMENTS REMAIN VALID. GENERAL PUBLIC TAKE NOTE.

I FORMERLY KNOWN AND ADDRESSED AS ALOYSIUS MICHEAL , NOW WISH TO BE KNOWN AND ADDRESSED AS ALOYSIUS MICHEAL UDO. ALL FORMER DOCUMENTS REMAIN VALID. GENERAL PUBLIC TAKE NOTE.

23

SANNI ADETOKUNBO AKINDELE

I FORMERLY KNOWN AND ADDRESSED AS MAJARO TOKUNBO ANIKE, NOW WISH TO BE KNOWN AND ADDRESSED AS SANNI ADETOKUNBO AKINDELE. ALL FORMER DOCUMENTS REMAIN VALID. GENERAL PUBLIC TAKE NOTE. MUSTAPHA AFEES OLAIDE

I, formerly known and addressed as MUSTAPHA AZEEZ OLAIDE, now wish to be known and addressed as MUSTAPHA AFEES OLAIDE. All former documents remain valid. General public should take note.

Public Notice FAFIYEBI OLALEKAN MATHEW

SANNI ADETOKUNBO AKINDELE

I FORMERLY KNOWN AND ADDRESSED AS FAFIYEBI OLALEKAN OLUSEGUN, NOW WISH TO BE KNOWN AND ADDRESSED AS FAFIYEBI OLALEKAN MATHEW. ALL FORMER DOCUMENTS REMAIN VALID. GENERAL PUBLIC TAKE NOTE.

I FORMERLY KNOWN AND ADDRESSED AS AKINDELE ADETOKUNBO, NOW WISH TO BE KNOWN AND ADDRESSED AS SANNI ADETOKUNBO AKINDELE. ALL FORMER DOCUMENTS REMAIN VALID. GENERAL PUBLIC TAKE NOTE.

ELAMAH CORNELIUS GEORGE

KEHINDE OLUBUNMI LAWAL

I, formerly known and addressed as ISUMUGHEME CORNELIUS GEORGE, now wish to be known and addressed as ELAMAH CORNELIUS GEORGE. All former documents remain valid. General public and Authorities Concerned should please take note

I, formerly known and addressed as KEHINDE ADESHINA LAWAL, now wish to be known, called and addressed as KEHINDE OLUBUNMI LAWAL. All former documents remain valid. General public and Authorities Concerned should please take note.

MRS. ABATI FATIMO OMOTAYO

AMBROSE ECHOBU AMBITIOUS

CORRECTION OF NAME

UDODEREM JANET

ADEBAYO AYOTUNDE MATTHEW.

KOFOWOROLA RASHIDA YUSUF

I, formerly known and addressed as MISS YUSUF FATIMO OMOTAYO, now wish to be known, called and addressed as MRS. ABATI FATIMO OMOTAYO. All former documents remain valid. General public and Authorities Concerned should please take note.

I formerly known and Addresed as AUDU ECHOBU SUNDAY, now wish to be known and Addressed as AMBROSE ECHOBU AMBITIOUS. That I was born on 14/4/1984. All former Documents remain valid. General Public should take note.

That my name was wrongly written on my documents (Power of Attorney) as MRS. MARIAM EJODAMEN AKHIDENOR instead of MRS. MARIAN AKHIDENOR. That my correct name is MRS. MARIAN AKHIDENOR. General public and Authorities Concerned should please take note.

I, formerly known and addressed as CHUKWU JANET, now wish to be known, called and addressed as UDODEREM JANET. All former documents remain valid. General public and Authorities Concerned should please take note.

I, formerly known and addressed as AJAYI ESTHER OLUWAFUNMILOLA, now wish to be known, called and addressed as ADEBAYO AYOTUNDE MATTHEW. All former documents remain valid. General public and Authorities Concerned should please take note.

I, formerly known and addressed as SAFIYA KOFOWOROLA YUSUF, now wish to be known, called and addressed as KOFOWOROLA RASHIDA YUSUF. All former documents remain valid. General public and Authorities Concerned should please take note.

AGBEJA ELIZABETH ADUNNI

CONFIRMATION OF NAME

JAMES EMMANUEL.

TEMITOPE SAMSON AYENI

ARINOLA AKINREMI

SHABIU BINTU

I, formerly known and addressed as BAMIMORE ELIZABETH ADUNNI, now wish to be known, called and addressed as AGBEJA ELIZABETH ADUNNI. All former documents remain valid.

General public and Authorities Concerned should please take note.

That on my Bank documents. my name appears as AKINJOPO HENRY TOPE, while on my CAC documents, it appears as AKINJOPO HENRY TEMITOPE. That I am the one bearing both names mentioned above. That all former documents bearing both names are mine and remain valid. General public and Authorities Concerned should please take note.

Formerly known and addressed as TEMITOPE SAMUEL AYENI, now wish to be known, called and addressed as TEMITOPE SAMSON AYENI. All former documents remain valid. General public and Authorities Concerned should please take note.

Formerly known and addressed as ARINOLA AKINSANYA, now wish to be known, called and addressed as ARINOLA AKINREMI. All former documents remain valid. General public and Authorities Concerned should please take note.

SALAMI AFUSAT DAMILOLA

DARAMOLA AGNES DAMILOLA

MRS. OSHO AMIDAT OPEYEMI

AMEH JOSEPH OBANDE

ANAGBOGU AKAOLISA GODWIN

ADDITION OF NAME

I, formerly known and addresed as OYELAKIN AFUSAT DAMILOLA, now wish to be known and addressed as SALAMI AFUSAT DAMILOLA. All former documents remain valid. General public should take note.

I, formerly known and addresed as ALAYE ADEBAYO AGNES DAMILOLA, now wish to be known and addressed as DARAMOLA AGNES DAMILOLA. All former documents remain valid. General pubalic should take note.

Formerly known and addresed as Miss. Imam Amidat Opeyemi. Now wish to be known and addressed as Mrs. Osho Amidat Opeyemi. All former documents remain valid general public note

I, formerly known and addressed as AMEH OBANDE OBIDA and AMEH GODWIN OBANDE, now wish to be known, called and addressed as AMEH JOSEPH OBANDE. All former documents remain valid. General public and Authorities Concerned should please take note.

I, formerly known and addressed as ANAGBOGU AKAOLISA which I bear in my bank documents, now wish to be known, called and addressed as ANAGBOGU AKAOLISA GODWIN which is my correct name. All former documents remain valid.

General public and Authorities Concerned should please take note.

That on my Bank Documents, my name appears as ELUMAH VINCENT. That I now wish to add ‘CHUKWUEMEKA’ to my name. That I now wish to be known, called and addressed as ELUMAH VINCENT CHUKWUEMEKA. All former documents remain valid. General public and Authorities Concerned should please take note.

OLUKOYA DAMILOLA OLUBUSAYO

OKONKWO UCHENNA MARCELLINUS

OKECHUKWU LOUIS OKORO.

CHANGE OF NAME

OMISSION OF NAME

ODORO ELSIE UDUAK

Formerly known and addressed as Ogunkola Damilola Olubusayo, now wish to be known and addressed as Olukoya Damilola Olubusayo. All former documents remain valid. General public and Authorities Concerned should please take note.

I formerly known and addressed as Onyebuchi Agath Chima, now wish to be known and addressed as Okonkwo Uchenna Marcellinus. All former documents remain valid. General public please take note.

I formerly known and addressed as OKORO CHIDI, now wish to be known and addressed as OKECHUKWU LOUIS OKORO. All former documents remain valid.

General public please take note.

I formerly known and addressed as MODU MOHAMMED MOHAMADU, now wish to be known and addressed as MODU MOHAMMED HABU My correct date of birth is 3rd day of April 1989. All former documents remain valid. General public please take note.

I, BENJAMIN MERCY IGHEDOSA, hereby notify the authority concerned and the general public of the omission which occurred in names mentioned above as my correct names are Benjamin Mercy.

All former documents remain valid.

General public please take note.

BABALOLA OLUWAKEMI DEBORAH

NWANKPA CHIEMENA VINCENT

EMEM MICHAEL AKPAN

OLUWOLE RASAKI ALIMI

YINKA-BABALOLA DEBORAH FUNMILOLA.

I, formerly known and addressed as FASIPE OLUWAKEMI TITILAYO, now wish to be known and addressed as BABALOLA OLUWAKEMI DEBORAH. All former documents remain valid.

General public take note.

I, formerly known and addressed as NWANKPA .C. VINCENT, now wish to be known and addressed as NWANKPA CHIEMENA VINCENT. All former documents remain valid.

General public take note.

I, formerly known and addressed as JAMES ARTHIMAS EMMANUEL, now wish to be known, called and addressed as JAMES EMMANUEL. That I was born on the 23rd day of February, 1974. All former documents remain valid. General public and Authorities Concerned should please take note.

I, formerly known and addressed as EMEM UDO AUGUSTINE, now wish to be known and addressed as EMEM MICHAEL AKPAN. All former documents remain valid.

General public take note.

I, formerly known and addressed as OLUWOLE RASAKI SMITH ALIMI, now wish to be known and addressed as OLUWOLE RASAKI ALIMI. All former documents remain valid.

General public take note.

I, formerly known and addressed as ADEKUNLE DEBORAH FUNMILOLA, now wish to be known and addressed as YINKA-BABALOLA DEBORAH FUNMILOLA. All former documents remain valid.

General public take note.

I, formerly known and addresed as HALIDU BINTA, now wish to be known and addressed as SHABIU BINTU. All former documents remain valid.

General Public should take note.

I, formerly known and addressed as ODORO ELSIE, now wish to be known and addressed as ODORO ELSIE UDUAK. All former documents remain valid. General public take note.

ISAH ARAMATU I, formerly known and addressed as OGBE ABAH and ARAMATU GRACE ISAH, now wish to be known and addressed as ISAH ARAMATU. My correct Date of Birth is 14/03/1985. All former documents remain valid.

General public take note.

LOSS OF DOCUMENT

CONFIRMATION OF NAME

TITILAYO OMOLARA AWOTUNDUN

ROSEMARY NGOZI SOTTIN

AKIODE-ADEBAYO.O

AJAYI BUKOLA MERCY

We. ALL CHRISTIAN PRATICAL PRAYING BAND INTERNATIONAL wish to inform the General Public that our building plan No. YA 2000/DO/143/34 and survey plan No. AS.A/LA/1233/97 of a storey building situated in 51,Bawala Street,Pedro Palm Grove Bariga,Lagos State lost in transit and all efforts to trace it proved abortive.

In some of my documents my name was written as NWAOGWU CYNTHIA IFUNANYACHI and In some other documents my name was written as DAVID CYNTHIA CELINE.The names refer to the same person.Henceforth I wish to be known and addressed as DAVID CYNTHIA CELINE. All the documents bearing all the names are valid.

General public to please take note.

I Formerly known and addressed as TITILAYO OMOLARA AYENI. now wish to be known and addressed as TITILAYO OMOLARA AWOTUNDUN all former documents remain valid general public should take note

I formerly known and addressed as Rosemary Ngozi Ugbekile, now wish to be known and addressed as ROSEMARY NGOZI SOTTIN. All former document remains valid general public should please take note.

I formerly known and addressed as Ajayi O. Emmanuel, now wish to be known and addressed as AKIODE-ADEBAYO.O. All former document remains valid general public should please take note.

I formerly known and addressed as Dada Isaac Bukola Mercy, now wish to be known and addressed as AJAYI BUKOLA MERCY. All former document remains valid general public should please take note.

ADENIYI SAHEED ADERINSHOLA

MUKAILA MOHAMMED

SHONUBI OLUWATOYIN ELIZABETH

MRS FOLASADE OLUBUNMI ESENE

TOYIN DEBORAH AJAYI

HENRY OGHENEWOKE EYIMOFE

I formerly known and addressed as Adeniyi Saheed Adeoti, now wish to be known and addressed as ADENIYI SAHEED ADERINSHOLA. All former document remains valid general public should please take note.

I, formerly known and addressed as, ADAMU SANUSI now wish to be known and addressed as, MUKAILA MOHAMMED. All former documents remain valid. General public should take note.

I, formerly known and addressed as, SASERE OLUWATOSIN FUNKE now wish to be known and addressed as, SHONUBI OLUWATOYIN ELIZABETH. All former documents remain valid.

General public should take note.

I, formerly known and addressed as, Miss Folasade Olubunmi Adesegun now wish to be known and addressed as, Mrs Folasade Olubunmi Esene . All former documents remain valid. Nursing and Midwifery Council of Nigeria, Covenant University, Ota and General public should take note

I, formerly known and addressed as Toyin Deborah Fajeminigba, now wish to be known and addressed as Toyin Deborah Ajayi. All former documents remain valid.

General public should take note.

I formerly known and addressed as HENRY OYIMOFE, now wish to be known and addressed as HENRY OGHENEWOKE EYIMOFE. All former documents remain valid. General public should please take note.

NNENNA OGECHI IGWE

MRS IBE KATE OLUCHI

MRS NNAMANI JOY CHINYERE

MRS ONUORAH LOVETH CHINELO

RAPHAEL CHIKELU NNANNA

BLESSING CHUKWU

I, formerly known and addressed as NNENNA OGECHI OJI-OKORIE, now wish to be known and addressed asNNENNA OGECHI IGWE. All former documents remain valid.

General public should please take note.

I, formerly known and addressed as MISS CHINKIE KATE OLUCHI, now wish to be known and addressed as MRS IBE KATE OLUCHI. All former documents remain valid. General public should please take note.

I, formerly known and addressed as MISS OKWOR JOY NSUDE, now wish to be known and addressed as MRS NNAMANI JOY CHINYERE. All former documents remain valid.

General public should please take note.

I, formerly known and addressed as MISS UCHENDU LOVETH CHINELO, now wish to be known and addressed as MRS ONUORAH LOVETH CHINELO. All former documents remain valid. NYSC and General public should please take note.

I, formerly known and addressed as UDENSI RAPHAEL NNANNA, now wish to be known and addressed as RAPHAEL CHIKELU NNANNA. My I.D card Carries “N” means NNANNA. All former documents remain valid.

Banks and General public should please take note

I, formerly known and addressed as LOVETH NWACHUKWU, now wish to be known and addressed as BLESSING CHUKWU. All former documents remain valid.

General public should please take note.

24 Public Notice NOBLE HANDS WOMEN ASSOCIATION The general public is hereby inform that the above named Association has applied to Corporate Affairs Commission for registration under Part ‘C’ of the Companies and Allied Matters Act, Degree No. 1 of 1990.

THE TRUSTEES ARE: 1. Nkanta, Princess Enobong 2. Inyang, Eno Emmanuel 3. Ekanem, Eunice Ekere 4. James, Peace Sunday 5. Peter, Gertrude Gloria AIMS/OBJECTIVES: 1. To empower those women under abject poverty and deprivation, the widows and the abandon women to have source of livelihood.

Any objection to the registration should be forwarded to the Registrar-General, Corporate Affairs Commission, Plot 420 Tigris Crescent, Off Aguiyi ironsi Street, Maitama, Abuja, within 28 days of this publication Signed: Joseph P. Etim, ESQ

UNITED AWORI MOVEMENT OF LAGOS STATE THIS IS TO INFORM THE GENERAL PUBLIC THAT THE ABOVE NAMED ASSOCIATION HAS APPLIED TO THE CORPORATE AFFAIRS COMMISSION, ABUJA FOR REGISTRATION UNDER PART ‘C’ OF COMPANIES AND ALLIED MATTERS ACT 2004.

THE TRUSTEES ARE: 1. MR. NAWAIRUDEEN IDOWU 2. MR. JIMOH O. OSENI 3. MR. WAHAB OKANLAWON OGUNJI. 4. OLUWADAMILARE ODEYEMI.

- PRESIDENT -SECRETARY

THE AIMS & OBJECTIVES: 1. TO SEE TO THE DAY TO DAY PROGRESS OF LAGOS INDIGENES 2. TO SUPPORT, PROMOTE AND CONTRIBUTE TO THE SOCIAL, ECONOMIC AND EDUCATIONAL ADVANCEMENT OF LAGOS INDIGENES. ANY OBJECTION TO THE REGISTRATION SHOULD BE FORWARDED TO THE REGISTRAR-GENERAL, C A C, PLOT 420, TIGRIS CRESCENT, OFF AGUIYI IRONSI STREET, MAITAMA, ABUJA, WITHIN 28 DAYS OF THIS PUBLICATION. SIGNED: JIMOH O. OSENI (SECRETARY)

VICTORY ESTATE PROPERTY OWNERS’ ASSOCIATION UMUEBULU 4 This is to inform the general public that the above named association has applied to the Corporate Affairs Commission for registration under part ‘C’ of the Companies and Allied matters Act 1990.

THE TRUSTEES ARE: 1. ANYANWU CHUKWUEMEKA ETHELBERTH (CHAIRMAN) 2. ONWO LAWRENCE (SECRETARY) 3. AGU EMEKA VALENTINE 4. EZEILO IKECHUKWU EDWIN AIMS & OBJECTIVES: 1. To draw together under one umbrella, all Land Lords / property owners in victory Estate 2. To promote unity, love, peace and progress and understanding amongst landlords / property owners in victory Estate.

3. To promote the spirit of communal efforts in seeking the welfare and progress of the Estate and the members.

Any objection to this registration should be forwarded to the RegistrarGeneral, Corporate Affairs Commission, Plot 420, Tigris Crescent, Off Aguiyi Ironsi Street, Maitama, Abuja within 28 days of this publication.

Signed: chairman

AJI USMAN I formerly known and addressed as HASSAN USMAN now wish to be known and addressed as AJI USMAN.All former documents remain valid. General public to please take note.

MRS ADEBISI OLUWAFUNMILAYO COKER I formerly known and addressed as ADELUGBA OLUWAFUNMILAYO F. now wish to be known and addressed as MRS ADEBISI OLUWAFUNMILAYO COKER .All former documents remain valid. General public to please take note.

OKUSOGA YETUNDE OLAYEMI

NNACHEM EMMANUEL JOHN

I formerly known and addressed as EMMANUEL OLAYEMI BEULAH now wish to be known and addressed as OKUSOGA YETUNDE OLAYEMI .All former documents remain valid. General public to please take note.

MRS UGWUARUA FLORA NEBECHI I, formerly known and addressed as MISS UDOH FLORA NEBECHI, now wish to be known and addressed as MRS UGWUARUA FLORA NEBECHI. All former documents remain valid. General public should please take note.

EZE NNAEMEKA STEPHEN I, formerly known and addressed as JOHN NNAEMEKA EZE, now wish to be known and addressed as EZE NNAEMEKA STEPHEN. All former documents remain valid.

Banks and General public should please take note.

Daily Times Nigeria Tuesday, June 6, 2017

AUCTION SALES! AUCTION SALES!!

THERE WILL BE AN AUCTION SALES OF SCRAP MOTORS, SCRAP MOTORCYCLE, SCRAP KEKE NAPEPE AND HOUSEHOLD ITEMS AT THE NIGERIA POLICE, DIVISIONAL HEADQUARTERS, ENEKA DIVISION OF THE RIVERS STATE POLICE COMMAND. AFTER 21 DAYS OF THIS PUBLICATION. 1. ONE SCRAP ISUZU PICK UP REG. NO. OG 297 PHC 2. ONE SCRAP GOLF 3 RED COLOUR REG. NO. EC 104 SMD 3. TWO SCRAP QLINK 150 MOTORCYCLES REG. NO. NSK 495 DC, NSH 336 GH. ONE SCRAP MOTORCYCLE NASARA 150 REG. NO. RV 542 Q. 4. THREE SCRAP MOTORCYCLES WITHOUT REG. NO. 5. THREE SCRAP KEKE NAPEPE WITHOUT REG. NO., ONE SCRAP KEKE NAPEPE REG. NO. UE 215 QD. 6. ONE DAMAGED FLAT SCREEN LG 14inches TV, ONE HITACHI 32inches TV, ONE BIG SONY TV, ONE FLAT SCREEN 32inches TV, ONE 14inches FLAT SCREEN TV, TWO BIG FOAM. 7. AND OTHER HOUSEHOLD ITEMS. SIGNED: ALH. UBALLO DANU AUCTIONEER

TEL 07032497453 08150747000 to the Corporate Affairs Commission (CAC) Abuja for registration under part C of the Companies and Allied Matters Acct No. 1 of 1990.

THE TRUSTEES ARE: 1.Hon. Mrs. Abimbola Tijani Oladokun-Chairman 2.Com. Olabode Dairo-Secretary 3.Mr. Abayomi Oladokun-Member 4.Barrister David Kehinde-Member 5.Mr. Dapo Ajayi-Member AIMS AND OBJECTIVES 1. To educate society on the needs for neatness and hygienic environment, especially in the street market environment 2. To enlighten people/community on the needs for cleaner environment because cleanliness leads to godliness Any objection to this registration should be forwarded to the Registrar-General, Corporate Affairs Commission, Plot 420, Tigris Crescent, off Aguiyi IronsiStreet, Maitama, Abuja, within 28 days of this publication.

Signed: Ojo A. Emmanuel Plot 10, Alhaja Ashabi Road, Agidingbi, Ikeja, Lagos

LIGHT FROM HEAVEN EVANGELISTIC MINISTRY

EZINWANNE EZIONYI ASSOCIATION

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 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. EVANG. FOLORUNSO OLAKUNLE DAYO - Founder/Chairman 2. MR. SONDE TAIWO TOLULOPE - Secretary 3. MR.ADEOYE MUYIWA OLUWASEUN 4. MISS ONAYEMI Adesola Theresa - Treasurer

THE TRUSTEES ARE: 1. Nsiadu Ephraim Okezie 2. Ozoilo Kingsley Chijioke 3. MBA Samuel Uche 4. Odoh Chekwube Maduakonam 5. Nweze Francis

Aims And Objectives: 1. To spread the gospel of Jesus Christ to the world through the preaching of the undiluted word of God. 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.

ADDITION OF NAME

6. Onyia Johnson Ugochukwu 7. Akuta Prince 8. Cheteze Emmanuel Chidubem 9. Omekwu Nnabuike Chigozie 10. ILO CHINEDU

Aim and objective: 1. To give end to end assistance services to the members and society 2. To creating an avenue for social development with the aid from government and private individuals 3. To assist the community ANY OBJECTION TO THIS REGISTRATION SHOULD BE FORWARDED TO THE REGISTRAR GENERAL, CORPORATE AFFAIRS COMMISSION, PLOT 420 TIGRIS CRESCENT, OFF AGUIYI IRONSI STREET, MAITAMA, P.M.B 198, GARKI ABUJA WITHIN 28 DAYS OF THIS PUBLICATION. SIGNED: TRUSTEES

SIGNED: TRUSTEES

ALIGBA ATOLE MIKE

AMADI CHRISTIAN TOCHI

OLABODE IYABO ADAMOH I formerly known and addressed as ABUDULGANIYU ADAMOH now wish to be known and addressed as OLABODE IYABO ADAMOH .All former documents remain valid. General public to please take note.

I formerly known and addressed as ALIGBA ATOLE now wish to be known and addressed as ALIGBA ATOLE MIKE . my date of birth was wrongly written as 05/05/1995 instead of 23/01/1992.All former documents remain valid. General public to please take note.

I formerly known and addressed as AMADI CHRISTIAN TOCHI JUNIOR now wish to be known and addressed as AMADI CHRISTIAN TOCHI .All former documents remain valid. General public to please take note.

AKPIRI JOSEPH J.

ALFRED IJEOMA VIRGINIA

MUKHTAR NIMOTA IYABODE

ALIGBE CYPRIAN AMENYA

I formerly known and addressed as SAMUEL EDEMA now wish to be known and addressed as AKPIRI JOSEPH J. .All former documents remain valid. General public to please take note.

I formerly known and addressed as OSUJI IJEOMA U. ALFRED now wish to be known and addressed as ALFRED IJEOMA VIRGINIA .All former documents remain valid. General public to please take note.

I formerly known and addressed as OTTUN NIMOTA IYABODE now wish to be known and addressed as MUKHTAR NIMOTA IYABODE .All former documents remain valid. General public to please take note.

I formerly known and addressed as ALIGBE WYCE AMENYA now wish to be known and addressed as ALIGBE CYPRIAN AMENYA .All former documents remain valid. General public to please take note.

OGUNTAYO JOSEPH OLUWASEUN I formerly known and addressed as OGUNTAYO SEUN OLUFEMI now wish to be known and addressed as OGUNTAYO JOSEPH OLUWASEUN .All former documents remain valid. General public to please take note.

I formerly known and addressed as ANDY ROBERT now wish to be known and addressed as NSISONG PIUS .All former documents remain valid. General public to please take note.

I formerly known and addressed as JOHNSON CHRISTIAN now wish to be known and addressed as IBE CHIBUIKE PRINCE SIMON .All former documents remain valid. General public to please take note.

MRS ALABI BARAKAT OLAOLU

MICHAEL ADEBOWALE ROUNICK

CONFIRMATION OF NAME

I formerly known and addressed as MICHAEL UBANMHEN now wish to be known and addressed as MICHAEL ADEBOWALE ROUNICK .All former documents remain valid. General public to please take note.

In some of my documents my name was written as OKWUDIRI BENSON ERONDU and In some other documents my name was written as BENSON OKWUDIRI.The names refer to the same person.Henceforth I wish to be known and addressed as OKWUDIRI BENSON ERONDU. All the documents bearing all the names are valid.General public to please take note.

I formerly known and addressed as OKOYE AMARACHI now wish to add UCHE to my name.

Henceforth I wish to be known and addressed as OKOYE AMARACHI UCHE. All former documents remain valid. General public to please take note.

OLOWE ADEYINKA STEPHANIE

I formerly known and addressed as NNANNA NWACHUKWU now wish to be known and addressed as NNACHEM EMMANUEL JOHN .All former documents remain valid. General public to please take note.

I formerly known and addressed as ATIBA ADEYINKA STEPHANIE now wish to be known and addressed as OLOWE ADEYINKA STEPHANIE .All former documents remain valid. General public to please take note.

ERUTEYAN AGHOGHO JOY

MAMAH FRANCIS IZUCHUKWU

I, formerly known and addressed as DIYE AGHOGHO JOY, now wish to be known and addressed as ERUTEYAN AGHOGHO JOY. All former documents remain valid. Banks and Generalpublic should please take note.

I, formerly known and addressed as MARCELLINO FRANK IZUCHUKWU, now wish to be known and addressed as MAMAH FRANCIS IZUCHUKWU. All former documents remain valid.

General public should please take note.

ALUM ANGELINA NWAORIE

MRS BISILOLA REGINA OKOLI

I, formerly known and addressed as ALUM ANENECHUKWU NOBERT, now wish to be known and addressed as ALUM ANGELINA NWAORIE. All former documents remain valid. General public should please take note.

ABIMBOLA STREET CAPTAIN’S INITIATIVE

I, formerly known and addressed as MISS BISILOLA REGINA ONI, now wish to be known and addressed as MRS BISILOLA REGINA OKOLI. All former documents remain valid. General public should please take note.

NSISONG PIUS

I formerly known and addressed as MISS OLAOLU BARAKAT RAHMAN now wish to be known and addressed as MRS ALABI BARAKAT OLAOLU .All former documents remain valid.

General public to please take note.

DIM EBERECHUKWU JOY I, formerly known and addressed as DIM EBERE JOY, now wish to be known and addressed as DIM EBERECHUKWU JOY. All former documents remain valid. Diamond Bank and General public should please take note.

MRS EGWUATU JACINTA CHINASA I, formerly known and addressed as MISS MMADU JACINTA CHINASA, now wish to be known and addressed as MRS EGWUATU JACINTA CHINASA. All former documents remain valid. General public should please take note.

IBE CHIBUIKE PRINCE SIMON

MRS CHUKWUDI ONYINYECHI ANGELA

I, formerly known and addressed as MISS IHEONYE ONYINYECHI ANGELA, now wish to be known and addressed as MRS CHUKWUDI ONYINYECHI ANGELA. All former documents remain valid.

Nigeria Social Insurance Trust Fund (NSITF) and General public should please take note.

MRS OFODUM NDIDIAMAKA VICTORIA

I formerly known and addressed as MISS UMEH NDIDIAMAKA VICTORIA now wish to be known and addressed as MRS OFODUM NDIDIAMAKA VICTORIA .All former documents remain valid. General public to please take note.

MRS PRECIOUS UCHE NJOKU

I, formerly known and addressed as MISS PRECIOUS UCHE OGBONNA, now wish to be known and addressed as MRS PRECIOUS UCHE NJOKU. All former documents remain valid. General public should please take note.

YAO SILVESTER

UGWU OBIAGELI VIRGINIA

I, formerly known and addressed as AYIGOME YAO SILVIN, now wish to be known and addressed as YAO SILVESTER. All former documents remain valid. General public should please take note.

I, formerly known and addressed as OKEREKE GRACE AMARA, now wish to be known and addressed as UGWU OBIAGELI VIRGINIA. All former documents remain valid. General public should please take note.

Daily Times Nigeria Tuesday, June 6, 2017

AFRIQUE CARE AND COMMUNITY DEVELOPMENT INITIATIVE THIS IS TO INFORM THE GENERAL PUBLIC THAT THE ABOVE NAMED INITIATIVE HAS APPLIED TO THE CORPORATE AFFAIRS COMMISSION FOR REGISTRATION UNDER PART ‘’C’’ OF THE COMPANIES AND ALLIED MATTERS ACT 1999 THE TRUSTEE ARE 1. ALHAJI CHIEF MUFUTAU BOLADALE AREMU CHAIRMAN 2. LATIFAT OLAGOKU SECRETARY 3. MS SIKIRAT ADUKE OLANIYAN TREASURER AIM AND OBJECTIVE 1. SKILLS EMPOWERMENT, SOCIAL JUSTICE AND COMMUNITY DEVELOPMENT

Public Notice 25

MUSTAQBALAL ARAB INITIATIVE DEVELOPMENT THIS IS TO INFORM THE GENERAL PUBLIC THAT THE ABOVE NAMED FOUNDATION HAS APPLIED TO THE CORPORATE AFFAIRS COMMISSION (CAC), ABUJA FOR REGISTRATION UNDER PART ‘C’ OF COMPANIES AND ALLIED MATTERS ACT, 1990.

AMENDMENT OF THE CONSTITUTION

AIM AND OBJECTIVE 1. TO HELP THE LESS PRIVILEGED

2.TO HELP THOSE WHO ARE IN BAD SITUATION AND TO HAVE THEM SAVED IN THE COMMUNITY. ASSISTING PEOPLE AFFECTED IN ENVIRONMENTAL DISASTER AND CONFLICTS SITUATION, AND GET THEM SAVED EMERGENTLY.

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: SECRETARY

This is to inform the general public that the above organization has applied for registration to Corporate Affairs Commission under Part C of Companies and Allied mater Act 1990.

Trustees are: 1.Rev. Prophet Matthew Obadimu – Primate/General Overseer 2.Egang. Peter Adekunle 3.Evang. Isaac omoyele 4.Evang. Adisa Adeyanju 5.Lady Evang. Oladunni Somade 6.Pst. Elijah Obadimu 7.Evang. Oluseun Fagbenro – Secretary

SOCIAL ENTERPRISE FOR AFRICA FOUNDATION

THE CONSTITUTION IS TO BE AMENDED TO ADD THE FOLLOWING AIMS AND OBJECTIVES 1.TO MAINTAIN 24 HOURS SPIRITUAL MEDIATION (INTERCESSIONS) FOR THE NATIONS AND OBTAIN DIVINE INTERVENTIONS IN OUR NATIONS. THE MINISTRY MAIN OBJECTIVE IS TO PRAY WITH AN AFFECTIONATE BURDEN, PASSION, AND HAVING CONCERN AGAINST THE EVENTS HAPPENING WITHIN THE NATIONS OF THE WORLD. THIS IS DONE WITH THE PROVISION AND USE OF A QUARTERLY PRODUCED PRAYER CALENDAR COVERING ALL THE NATIONS AFFECTED.

3.TO STAND AGAINST CHILD ABUSES, YOUTHS RESTIVENESS, AND VIOLATION OF HUMAN RIGHTS IN OUR SOCIETY. MAKING IT POSSIBLE FOR PEOPLE TO INTERACT SOCIALLY WITHOUT DISCRIMINATIONS DESPITE THEIR OVERALL DIVERGENT TRADITIONS AND MULTICULTURAL PRACTICES IN A GIVEN SETTLEMENT OR COMMUNITY WHERE THEY CO-EXIST TOGETHER. 4.HELP TO PROVIDE CHARITY, AND SUPPORT TO THE DESTITUTE IN RURAL AREAS, INCLUDING THE SICK AND HIV/AIDS VICTIMS. TO PROVIDE HEALTH CENTRES FOR PEOPLE IN NEED, AND GIVE PRIMARY HEALTH CARE SERVICES AND PROVISION OF COMMON DRUGS IN REMOTE COMMUNITIES ESPECIALLY IN AFRICA, AND OTHER DEVELOPING NATIONS.

This is to inform the general public that the above named Foundation has applied to the Corporate Affairs Commission for registration under Part “C” of the Companies and Allied Matters Act No. 1 of 1990.

5.ADVANCEMENT FOR WOMEN, TO FIGHT SEXUAL VIOLENCE AGAINST WOMEN IN THE NATIONS. WE ARE OF THE VIEW IN PRACTICAL SENSE TO PROMOTE GENDER EQUALITY, AND TO JOIN OUR SUPPORT WITH OTHER RELEVANT AGENCIES TO PROMOTE THE RIGHTS OF WOMEN IN THE NATIONS.

THE TRUSTEES ARE: 1. Adaora Mbelu - Chairman 2. Akinlabi Akinbulumo - Secretary 3. Osa Okunkpolor 4. Seju Alero Mike

6. WE ORGANIZE SEMINARS, WORKSHOPS AND PREACHING SERVICES IN CONFERENCES TO BOOST CAPACITY BUILDING FOR ORGANIZATIONS, PRIVATE AND PUBLIC INSTITUTIONS TO AID SUSTAINABLE DEVELOPMENTS AND TO MEET UP WITH SOME TIMELY FUTURISTIC DEVELOPMENTAL GOALS.

Aims and objectives 1.To preach the gospel of our Lord Jesus Christ 2.To plant churches and engage in Bible based Christian life 3.To teach how to worship God in Holiness

THE AIMS AND OBJECTIVES ARE: 1. Social mobilization, community development and capacity building in the rural communities to counter widespread hunger and poverty by adopting agriculture resource conservation technologies.

2. Refurbishing public schools to give children from poor families access to quality education.

3. Initiating a sustainable stipend and tuition assistance program for deserving and needy students.

4. Social mobilization, formation of own-help groups and capacity building for women empowerment.

5. Using art as a tool to provide awareness on societal challenges/issues.

Any objection to this registration should be forwarded to 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 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.

Sign: Secretary

7. TO VISIT AND ASSIST WAR VICTIMS IN REFUGEE CAMPS. WE ALSO ASSIST WAR VICTIMS IN THEIR VARIOUS CAMPS, THROUGH COUNSELLING, OFFERING MATERIAL AIDS AND TRAINING PROGRAMS THAT MAY EMPOWERED THEM TO BE SELF DEPENDENCE, AND TO ALSO MAKING EFFORTS TO INTEGRATE THEM BACK TO SOCIETY. 8. TO BE A MINISTRY OF NATIONAL TRANSFORMATION BY FIGHTING TERRORISM. WE ARE TO CREATE SEVERAL PROGRAMS TO HELP CURB TERRORISM MENACE, BY ORGANIZING SEVERAL DE-RADICALIZATION PROGRAMS FOR TEENAGE YOUTHS AND CHILDREN. WE ALSO JOIN OUR SUPPORT WITH OTHER AGENCIES’ EFFORTS TO FIGHT VIOLATION OF ARM TRADE TREATY INTERNATIONALLY ANY OBJECTION TO THIS APPLICATION SHOULD BE FORWARDED TO THE REGISTRARGENERAL OF CORPORATE AFFAIRS COMMISSION MAITAMA ABUJA WITHIN 28 DAYS OF THIS PUBLICATION SIGNED: SECRETARY

SIGNED: SECRETARY.

GILBERT DAMBI

FADIPE OLUWAKEMI AJIBOLA

I, formerly known and addressed as OGUEZUONU UGOCHI CONFIDENCE, now wish to be known and addressed as OGUEZUONU AUGUSTA OGOCHI. All former documents remain valid.

General public please take note.

I formerly known as DAMBE GILBERT wish to be known and addressed as GILBERT DAMBI .All former documents remain valid, general public please take note.

I formerly known as OGUNSEYE OLUWAKEMI AJIBOLA wish to be known and addressed as FADIPE OLUWAKEMI AJIBOLA .All former documents remain valid, general public please take note.

ONWORDI VICTORIA

CHIKA FAVOUR TEMITOPE-ROBERT

AKINSETE JOSEPH OJO

UBOCHI OLUCHI CHARITY

OGUEZUONU AUGUSTA OGOCHI

I, formerly known and addressed as NWOJI OLUCHI CHARITY, now wish to be known and addressed as UBOCHI OLUCHI CHARITY. All former documents remain valid.

General public please take note.

OMOTOYOSI GANIAT ABDULRAZAK

I formerly known as Omotoyosi Ganiyat Aina wish to be known and addressed as Omotoyosi Ganiat Abdulrazak .All former documents remain valid, general public please take note.

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

TRUSTEES: 1. AMBASSADOR USMAN SARKI 2. BARRISTER KHURSO ABUBAKAR SHEIQH ADDUDU 3. AIR MARSHALL AL- AMIN MUSA DAGGASH 4. SULTAN ALHAJI JIBRIN YAYA 5. ALHAJI GONI YAKUBU UMAR 6. PROFESSOR JIDDA HASSAN

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.

THE CHURCH OF CHRIST AGO-ELI

GAP INTERCESSORS MINISTRY INTERNATIONAL RC: CAC/IT/NO 78955.

I formerly known as Nweke Nwoboshi Victoria wish to be known and addressed as Onwordi Victoria.

All former documents remain valid, general public please take note.

I formerly known as CHIKA NDIDI IKE wish to be known and addressed as CHIKA FAVOUR TEMITOPE-ROBERT .All former documents remain valid, general public please take note.

I formerly known as Akinsete Joseph Adediran wish to be known and addressed as Akinsete Joseph Ojo .All former documents remain valid, general public please take note.

EDET MOSES UMOH

LAMIDI SAHEED ABOLADE

MRS ODEYEMI FAUSEEYAT TEMITOPE

MR ODEYEMI YUSUF KASALI

MRS. GOODMAN JULIET CHIDINMA

I formerly known as EDET MOSES OMOH wish to be known and addressed as EDET MOSES UMOH. All former documents remain valid, general public please take note.

I formerly known as SAHEED AJADI ABOLADE wish to be known and addressed as LAMIDI SAHEED ABOLADE .All former documents remain valid, general public please take note.

I formerly known as Miss.

AROWORAMIMO FAUSEEYAT TEMITOPE wish to be known and addressed as Mrs ODEYEMI FAUSEEYAT TEMITOPE. All former documents remain valid, general public please take note.

I formerly known as Mr ODEYEMI YUSUF OWODELE wish to be known and addressed as Mr ODEYEMI YUSUF KASALI. All former documents remain valid, general public please take note.

I formerly known as MISS OKAFOR CHIDINMA JULIET wish to be known and addressed as MRS. GOODMAN JULIET CHIDINMA .All former documents remain valid, general public please take note.

CORRECTION OF NAME /DATE OF BIRTH That I NWAFFIA JOSEPH my name was wrongly written as JOHN NWANKOKO wish to be known and addressed as NWAFFIA JOSEPH. My corrected Date of Birth is 17th September,1985. All Documents / Credentials bearing these names remain valid, general public please take note.

UCHE ANTHONY-UMEH

CONFIRMATION OF NAMES

CONFIRMATION OF NAME

CORRECTION OF NAME

IFEACHOR SANDRA CHIOMA

BOLAJI OPANUGA BELLO BAKIYAT

I formerly known as UCHE NWANI wish to be known and addressed as UCHE ANTHONY-UMEH .All former documents remain valid, general public please take note.

That I MRS UGOCHIDI UKWUOMA is the same person bearing MRS PATRICIA MBAKWE . All Documents / Credentials bearing these names remain valid, general public please take note.

That I ATOLAGBE DAUDA OLADIMEJI my name was wrongly written as OLADIMEJI DAUDA OLAREWAJU wish to be known and addressed as ATOLAGBE DAUDA OLADIMEJI . All Documents /Credentials bearing these names remain valid, general public please take note.

I formerly known IFEACHOR SANDRA NICOLE as wish to be known and addressed as IFEACHOR SANDRA CHIOMA. All former documents remain valid, General public please take note

CORRECTION OF NAME

DEKUN HAKURI

KIBIYA WARGBEN MAIGARI.

TEMITOPE FRANCESS EKELEMU

MRS. KEBUO EZEOCHA

MRS. OKAFOR MAUREEN OBIAGELI

That I Ewelike Magnus Amadi my name was wrongly written as Ewelike magnus chineyeze wish to be known and addressed as Ewelike Magnus Amadi. All documents /Credentials bearing these names remain valid, General public please take note.

I, formerly known and addressed as, ABBA JULIUS DEKUNG, now wish to be known and addressed as, DEKUN HAKURI. All former documents remain valid.

General public should take note.

I, formerly known and addressed as, BERNARD YUSUF MAIGARI, now wish to be known and addressed as, KIBIYA WARGBEN MAIGARI. All former documents remain valid.

General public should take note.

I, formerly known and addressed as, MISS. TEMITOPE FRANCESS OLUSANMI, now wish to be known and addressed as, MRS. TEMITOPE FRANCESS EKELEMU. All former documents remain valid.

General public should take note.

I, formerly known and addressed as, KEBUO ARUOTU GBAGI, now wish to be known and addressed as, MRS. KEBUO EZEOCHA. All former documents remain valid.

General public should take note.

I, formerly known and addressed as, MISS. AMALAGAOGE MAUREEN OBIAGELI, now wish to be known and addressed as, MRS. OKAFOR MAUREEN OBIAGELI. All former documents remain valid. General public should take note.

OLILEANYA HOPE PHILIP

TONYE EZEKIEL HART

MRS. OBI ADAOBI BLESSING DECA

MR. MIRACLE UDE IREGBU

I, formerly known and addressed as, EBERE OLILEANYA HOPE, now wish to be known and addressed as, OLILEANYA HOPE PHILIP. All former documents remain valid.

General public should take note.

I, formerly known and addressed as, JUNIOR EZEKIEL HART, now wish to be known and addressed as, TONYE EZEKIEL HART. All former documents remain valid.

General public should take note.

I, formerly known and addressed as, MISS. OBI ADAOBI BLESSING, now wish to be known and addressed as, MRS. OBI ADAOBI BLESSING DECA. All former documents remain valid. General public should take note.

I, formerly known and addressed as, MR. MIRACLE UDE ERUKA, now wish to be known and addressed as, MR. MIRACLE UDE IREGBU. All former documents remain valid.

General public should take note.

MRS AFUYE VICTORIA OLUWATOYIN I formerly known and addressed as MISS ADISA VICTORIA OLUWATOYIN , now wish to be known and addressed as MRS AFUYE VICTORIA OLUWATOYIN , all former document remain valid general public take note

I formerly known and addressed as OWOEYE TIMOTHY OJO, now wish to be known and addressed as OWOEYE TIMOTHY OLUWOLE, all former document remain valid General Public Take note

That I AROWOLO TOHEEB AJIBOLA is the same person bearing AROWOLO TOHEEB ALAMU. All Documents / Credentials bearing these names remain valid, general public please take note.

I formerly known as Bolaji Opanuga Iyabode wish to be known and addressed as Bolaji Opanuga Bello Bakiyat . All former documents remain valid, General public please take note.

OWOEYE TIMOTHY OLUWOLE

26

Daily Times Nigeria Tuesday, June 6, 2017

Times Law

s

The court is more interested in substance than mere form. Justice can only be done if the substance of the matter is examined for reliance on technicalities to the detriment of substantial justice leads to injustice.

Ngwuta, JSC in MFA & Anor v. Inongha (2014) 1-2 S.C. (Pt.1) 43

To win cases in court is not a sentiment matter, morals -Ojo Dr. Adekunle Ojo, former 2nd Vice-President, Nigerian Bar Association (NBA) in this interview with PETER FOWOYO, speaks on the controversy trailing the transmission of letter by the President to the Senate announcing his medical trip abroad wherein his Vice was referred to as “Coordinator of Nation’s Affairs.” Besides, the erudite lawyer also speaks about Section 171 of the Constitution and concludes that the Senate must approve Ibrahim Magu, the nomination of Mr. President as the EFCC chairman, and other sundry issues.

Ojo Controversy has continued to trail the letter transmitted to the Senate by President Muhammadu Buhari upon his medical trip abroad wherein VicePresident Yemi Osinbajo was referred to as “Coordinator of Nation’s Affairs.”

Is that language known to our laws?

I think the fault which to me stops at the desk of the President must have been caused either deliberately or otherwise by his letter writers or speech writers. This is because I know from experience that most of the drafts and the writings are done for him. It is not expected that the president will be the one that will sit by the computer and be drafting letters. All he needs to do is to make his intent known to whoever is responsible for the task. I expect that he must have read through and if for any reason he didn’t read, that’s too bad for the situation.

Having said that, I think it is unfortunate that kind of language was used because

The Team

Ibe Uwaleke — Editor Peter Fowoyo Titilope Joseph

such language is unknown to the Constitution. However, what matters to me is the intent of the letter. I will rather see the intent of the said letter more to what the Constitution want which is an Acting president.

Nothing as far as I am concerned has happened that is beyond the ordinary. Apparently, the president knew what he was talking about and the Senate also appreciated the purpose and intent of the letter. The man who is to take over also understands what is expected of him. So, we should not be bothered about the language used by the president in the letter.

Can the President appoint the EFCC chairman without recourse to the National Assembly as provided for in Section 171 of the Constitution?

Well, I have actually read Section 171 of the Constitution and the issue is, where the law is specific, you cannot read meanings to it. Now, if you read that particular section of the Constitution with the enabling law setting up the EFCC, which is the EFCC Act, there was no conflict at all.

Basically, the lists of persons that the president can unilaterally appoint are his personal staff. These include the Chief of Staff, Secretary to the Government of the Federation (SGF) and others in that regard.

These set of people are working with him and for him. He can remove them at any point in time if he wishes. Unlike the EFCC chairman, he can hire and the moment that is done, somebody ratifies. Also, before the person can be removed from office, that body that ratified must be involved. To that extent, I want to say that the appointment of the EFCC chairman does not fall within the class of persons whom the president can appoint without recourse to the National Assembly as envisaged by Section 171 of the Constitution. Therefore, for the person to be substantially appointed to that position, there must be Senate’s approval.

However, I would not say that the retention of Ibrahim Magu by the executive in acting capacity is illegal. This is because the law does not specify how long he could remain in acting capacity. The president can retain him for as long as it pleases him before subjecting him to the Senate’s approval. But, having been rejected following his nomination by the president, his rejection is not final. If the president sees him as the most appropriate person to head the anti-graft agency even after his rejection, he can still be renominated. Some people were talking about morals but I don’t know where such comes out in all of these. If we are talking about morals, I can tell you that even the Senate as presently constituted lacks the requisite morals to screen the

Ibori was convicted in the United Kingdom despite being cleared in Nigeria. That is a reward for thorough, technology-driven and high powered forensic investigation. Prosecuting agencies of government should ensure that proper investigations are conducted before an accused person is charged to court.

man.

Majority of the lawmakers have issues with the EFCC and as such there is no way they will not be biased in the assignment.

Therefore, as far as I am concerned, nothing is amiss. The president nominated the man and he was rejected but Senate’s rejection is not final. There is nothing legally wrong in Magu continuing in acting capacity despite his earlier rejections by the Senate.

There are suggestions that prosecuting agencies of government should prioritize cases they are to handle, particularly in the light of the recent losses suffered by the Federal Government in the prosecution of some high profile cases. Do you share this view?

Well, my opinion in all honesty is at variance with majority of our colleagues who had expressed their displeasure at the spate of losses. This is because I believed that if the courts were set up to convict at all cost, then, we have not achieved anything. If the essence of having the courts is for the prosecuting agencies of government to bring up people that should be tried, then, it is not a bad idea. The court should be seen as an arbiter that settles rifts among contending parties. In all these, I think we need to develop our judicial practices. If the cases were lost as a result of shoddy preparation, it’s so bad.

Besides, the prosecuting agencies do not have to win all cases and the losses have shown that there were no cases against those individuals that were cleared by the court. Winning cases in court is not a matter of sentiments, morals and at all cost. By and large, my position is that cases should not be won at all cost. It is also not because of the absence of a centralized prosecuting body that government is losing cases. Let all the prosecuting agencies of government continue with their assignments. Cases also need not to be prioritize by prosecuting agencies. This is because the way these cases are, it will be difficult to do so. There are cases that should go to the customary court, while some will go to the magistrate and high courts. If we have all of these, it CONTINUED ON PAGE 27

This lawyer is thorough...

The attorney tells the accused, “I have some good news and some bad news.”

“What’s the bad news?” asks the accused.

“The bad news is, your blood is all over the crime scene, and the DNA tests prove you did it.”

“What’s the good news?”

“Your cholesterol is 130.”

Daily Times Nigeria Tuesday, June 6, 2017

Manslaughter: Man arraigned in court over Mechanic’s death Titilope Joseph and Daniel Ojukwu

A middle aged man, Taiwo Adeyemi, was yesterday, arraigned before an Ikeja High court sitting in Lagos for allegedly killing his colleague, Isikilu Oladeinde, with a stick laced with nails after a heated argument.

The incident was said to have occurred at about 5:30pm on the 4th of April, 2014, at Asade market, Agege Lagos, where an argument ensued between the deceased and the defendant.

According to the prosecutor, Mr. A. Adewoye, the defendant was earlier charged with murder but the charge was later amended to Manslaughter as the court ruled that there was no proof of intention to kill.

Shortly after the arraignment before Justice Hansen Oshodi , the elder brother of the deceased - Kehinde Oladeinde, who was a witness in the suit told the court that his brother was a peaceful mechanic who operated at Asade area of Agege, Lagos.

“The deceased’s wife called me by 11:30pm to come and see his brother whose hand was damaged after a fight, but i could not make it as it was late, but I assured her I would be there the following morning.” He said.

Another witness and a colleague of the deceased, Olujimi Ogunleye who was a welder in the same Alade Market area of

Agege, said he was informed of the incident by eye witnesses, after which he mobilised some groups whose job was to accompany the deceased to the hospital for treatment and another to arrest the defendant and have him contribute to the deceased’s welfare and medical bills with no premonition of his death.

“The deceased was taken to general hospital, Ota after chemist treatment failed to stop the swelling on his hand. The hospital later referred them to FMC Abeokuta, stating that the injury could not be properly

treated there. “ Unfortunately, Isikilu passed away three days later when his situation became fatal The matter was reported to the police who picked up Taiwo Adeyemi thereafter.”

He said.

The defence counsel, Frank Eke however informed the court that he is handling the case on pro bono basis and he has no prior exhibits or briefing on the matter.

Justice Oshodi, thereafter adjourned the matter till 12th September, 2017 for continuation of trial.

A cross section of lawyers at an event.

Igbo lawyers hail IPOB, MASSOB, others Igbo lawyers under the aegis of Otu Oka-Iwu (Law Society) have commended Ndigbo at home and in the diaspora as well as their friends and allies on the peaceful celebration of the 50th anniversary of declaration of Biafra.

The group in a statement by its president, Chief Chuks Ikokwu expressed satisfaction that there was no breach of the peace during the anniversary celebrations.

The umbrella body of Igbo lawyers also commended pro-Biafra groups such as the Indigenous People of Biafra (IPOB) and Movement for the Actualization of the Sovereign State of Biafra (MASSOB) among others for ensuring that the anniversary celebrations were violence free.

“We are especially impressed with the peaceful conduct of the vast majority of Nigerians and thank them for their solidarity,” the statement said. “It is refreshing that IPOB and MASSOB members conducted themselves in a very civil manner throughout the duration of the sit-at-home period.”

Turning to government, the Otu Oka Iwu also commended the Federal Government and its agencies especially the police and Armed Forces for ensuring that there was no bloodbath during the events. “We commend the police for respecting the right of the people to free speech and peaceful assembly. This is in line with international norms and best practice.”

The association however called on the government to ensure that all political prisoners including detained members of IPOB and MASSOB “are released immediately or charged to court forthwith. The incidence of political prisoners is antithetical to true democracy. Going forward, violent repression of peaceful protests and assemblies by police and the Armed Forces

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is highly unacceptable and must stop, and all persons involved in such unwholesome acts must be brought to justice.”

In a related development, the association also called on the Federal Government to “take urgent steps to demilitarize the South East and South South zones of the country.” It warned that the multiplicity

of police and military check-points across Igboland and South South States “can only escalate the tension and volatility in the zones. We urge the relevant authorities to immediately halt the mindless extortion and excesses of the security operatives at these check-points, as this may lead to a breach of the fragile peace in these zones.

Enough is enough”

27 Law

Judge threatens arrest of lawyer for “mobilising” bailiff Peter Fowoyo Can bailiffs charge extra fees from litigants to serve processes?

Justice Mojisola Olatoregun of the Federal High Court, Ikoyi, Lagos warned that they cannot.

The Judge warned lawyers and litigants against paying bailiffs to serve court processes on parties to a suit.

She said the bailiffs were not supposed to charge extra fees from litigants to serve processes.

It is taken as a norm that bailiffs have to be tipped or mobilised if they are to deliver lawsuits to the defendants.

Lawyers who refuse to “settle” them may have their filed abandoned or not treated.

A lawyer who appeared before the judge in a case complained that the defendants were yet to be served even though he “mobilised” the bailiffs.

Justice Olatoregun asked the lawyer: “Did you say you mobilised them? How much did you give them let me know if it was enough?”

The lawyer said he gave the bailiffs N8,000.

The judge threatened to order the lawyer’s arrest for offering bribes.

She also sent for the court’s registrar and bailiff.

Her words: “When you give a bribe, both of you are liable. We’ll get the Chief Registrar. You will be handed over to the police for bribing a bailiff. You will explain how you have been bribing bailiffs.

“That is how you will be collecting money from SANs when you become a judge,” she said.

Justice Olatoregun, who is the Administrative Judge of the court’s Lagos Division, said bailiffs were paid salaries and allowances to do their jobs and require no further mobilisation.

After sending her registrar to send for the Deputy Chief Registrar, she said she was going to deal with the matter in her chambers.

It could not be confirmed if she eventually ordered the lawyer’s arrest or if what sanction would be meted to the bailiff.

zƈ ƈ ƅ Ɔ ƈ ƅ ƑƏƐ ƈ ôƐ ƌ ƐƐƆƏ Ƈ Ɔ ƐƈƌƆ Ɛè ƌ Ə Ƌ éRƉ RMj9Mn&# 0`RL ^ 1& ƾÕ means that cases are already prioritized.

To see a crime and close your eyes to it will amount to indulging evil in the society.

So, every case that is worthy of being prosecuted should be prosecuted. It is also clear from the court’s decisions that we have had on these lost cases that investigation is a major issue. Ibori was convicted in the United Kingdom despite being cleared in Nigeria. That is a reward for thorough, technology-driven and high powered forensic investigation. Prosecuting agencies of government should ensure that proper investigations are conducted before an accused person is charged to court.

What is your view on the rationale behind the setting up of Nnamani-led panel on electoral reforms when the report of the Uwais-panel that carried out similar assignment was never implemented by the government?

We have a lot of things going wrong with us in this country. Assuming that what the Nnamani panel was asked to do is to just look at the Uwais-panel’s report and advice government appropriately, it would look as if we are revisiting what we had before and it would have been a welcome idea. Al-

ternatively, government officials who are holding political offices can also be asked to look into the Uwais-panel’s report and offer advice to the government.

These are more reasonable things to do rather than wasting the country’s resources in settling up another panel to carry out a task similar to what has been done in the past. In essence, if you don’t set up committees, money will not be wasted. So, to me, all of these committees that we are talking about appear like windows through which money can be filtered so that people who are supporters of government can be rewarded. Unfortunately, the Nnamani panel has not come up with anything that is much more credible than the recommendations of the Uwais-panel. In actual fact, the Uwais report was adopted by the Nnamani panel. So, what is the purpose of constituting the panel? I think it’s high time we start looking at things from a more profitable angle rather than having to repeat an assignment that has been carried out in the past.

How do you see the extension of the whistle blower policy to proliferation of arms by the Federal Government?

There is nothing new in this policy. It is the civic duty of every Nigerians to report any criminal act to the appropriate author-

ity. That is what was referred to in a more common language as ‘informant’ system.

But, with this whistle blower policy, it would appear that we are living in a country where almost everyone can be bought.

It has been taken beyond the level of just an informant. So, basically, the whistle blower policy is an advancement of what we used to have in the past. However, what is not clear to me is how someone that reported the piling up of arms and ammunition will be rewarded. I want to advice that government should look for a better way of appreciating whistle blowers instead of just giving out certain percentage of the money recovered. I felt that with this arrangement, people were just being rewarded for doing their jobs. Besides, when the issue of the recovered money becomes a subject of litigation, the fund cannot be dissipated until the conclusion of the court’s case. So, the point at which the whistle blower will be paid his or her percentage will be an issue. There are a number of ways through which whistle blowers can better be appreciated by government. One of such is by giving them national award. But, above all, I am in support of the whistle blower policy of government.

News 28 HIV/AIDS infections triples in C’River state Edem Edem, Calabar

ÏÏÏ

From all indications, it seems there is an upsurge in HIV/AIDS infection in Cross River state. A visit to the Heart to Heart treatment facilities revealed that the number of infected persons tripled as the health workers attending to the persons living with the infection battle hourly and daily to educate, test and carry out other activities on the affected patients.

Our correspondent who visited the General Hospital, Infectious Disease Hospital (IDH), General Hospital Akamkpa and other health facilities reported an the influx of persons living with the disease. The number of females outnumbered their male counterpart. Besides, their plight was not pleasant.

The female patients looked dejected and worried.

Interacting with Daily Times, some of the affected persons regretted been infected with the disease as they claimed that the civil society organizations (CSO), non-governmental organization (NGO) and state government are not helping matters as far as the infection was concerned.

Miss Margaret Ekpo Udo (not real name), said: “Initially when I had this problem, I received drugs and counselling free of charge, but today, the drugs are not available, the CSO and NGO are nowhere to be found.

Look at the number here (pointing out), we have been here since morning but not much has been done to us,” she fumed.

She lamented that “even if government was not doing much for us, what about CSOs and NGOs that source their funds abroad, what do they do with the money they collected overseas in the name of assisting those leaving with HIV/AIDS? This is fraud and I appealed to EFCC to look into the activities of CSO/NGO as it concern HIV/AIDS.” Another patient who pleaded that her name should not be mentioned said that “if the trend continues, she may have no option but to retired to her house and infect others with it.”

She pointed out that it was not her intention to do this but when pushed to the wall, she will have no alternative than to do order wise.

Daily Times Nigeria Tuesday, June 6, 2017

Brittania-U Vs. Chevron: Appeal Court fixed Sept 12 for hearing Peter Fowoyo

ÏÏÏA Court of

Appeal, Lagos division on Monday adjourned an appeal brought by Chevron USA Inc. and others against Brittania-U Nigeria Limited till September 12 for hearing of the substantive suit.

Other appellants in the suit are: BNP Paribas Securities Corp., Mr. Hermant Patel and Seplat Petroleum Development Company Limited.

Chevron, in the appeal filed two-and-a-half years ago, is challenging the judgment of a Lagos Federal High Court, which assumed jurisdiction to entertain a suit on the divestment of Chevron’s interest in Oil Mining Licenses 52, 53 and 55.

When the matter came up yesterday, the lawyer representing Chevron and BNP Paribas Securities Corp., Ashimiyu Ayodeji, told the court about an application for stay of proceedings filed on May 28, 2014.

He said the appeal has been

given a date for hearing when the court directed that all appeals should come up on the same date for hearing of the appeal.

Also, lawyer to the 4th respondent, Mrs. Christiana Unaegbunam, said there’s an application dated November 21, 2016 seeking the consolidation of appeals, saying “we seek to withdraw this application.”

The court withdrew the application.

Thereafter, Mrs. Unaegbunam and the lawyer representing Chevron USA Inc., Mr. Abba Etuwewe, told the court about a pending application seeking for extension of time to file their briefs of arguments. While Mrs. Unaegbunam’s application was filed on May 31, 2017, Mr. Etuwewe’s application was filed on May 19, 2017.

After a no objection submissions of lawyers representing all parties in the suit, the court granted the duo’s applications stating that time extended for the appellant to file their ap-

peal.

At the last adjourned date, Brittania-U Nigeria’s counsel, Mr. Abiodun Owonikoko (SAN), told the court about a pending application seeking to dismiss the appellants appeal for want of diligent prosecution because of failure to transmit record or file appellants’ brief.

He said the appellants filed a motion for extension of time to compile and transmit records of appeal.

Owonikoko said his client had filed an application to dismiss the appeal because of the appellants’ delay in prosecuting the appeal.

The court awarded N20,000 cost to Brittania-U after Owonikoko withdrew the motion to dismiss the appeal after the appellants counsel said the record of appeal had been compiled and transmitted.

Brittania-U sued the defendants (appellants) over the Oil Mining Leases numbered 52, 53 and 55, sold by Chevron.

It also took the matter to the

Supreme Court following the Appeal Court ruling which vacated an order of interlocutory injunction by a High Court restraining Chevron and Seplat from concluding any deal on the oil leases.

Chevron had offered for sale OMLs 52, 53 and 55 and as usual invited bids from interested firms.

The sale of the assets became controversial after Chevron allegedly failed to make a public announcement of a winner, a reserve bidder and unsuccessful bids.

It then allegedly turned its back on the highest bidder, Brittania-U, and began to deal with Seplat behind the scene.

Brittania-U went to court to contest Chevron’s action of not declaring it winner after it posted a $1.67 billion bid for the three assets, an amount later revised to $1.015 billion after both companies’ officials met in Houston, United States.

Seplat was said to have posted a bid of $630 million for the same assets.

Chief Marketing Officer, Premium Pension Limited, Mr. Kabir Tijjani (l), during the interactive session, with National Youth Service Corps members in Lagos… recently.

Manslaughter: Man arraigned in court over Mechanic’s death Titilope Joseph & Daniel Ojukwu

ÏÏÏ

A middle aged man, Taiwo Adeyemi, was yesterday, arraigned before an Ikeja High court sitting in Lagos for allegedly killing his colleague, Isikilu Oladeinde, with a stick laced with nails after a heated argument.

The incident was said to have occurred at about 5:30pm

on the 4th of April, 2014, at Asade market, Agege Lagos, where an argument ensued between the deceased and the defendant.

According to the prosecutor, Mr. A. Adewoye, the defendant was earlier charged with murder but the charge was later amended to Manslaughter as the court ruled that there was no proof of intention to kill.

Shortly after the arraignment before Justice Hansen Oshodi , the elder brother of the

deceased - Kehinde Oladeinde, who was a witness in the suit told the court that his brother was a peaceful mechanic who operated at Asade area of Agege, Lagos.

“The deceased wife called me by 11:30pm to come and see his brother whose hand was damaged after a fight, but i could not make it as it was late, but I assured her I would be there the following morning,” he said.

Another witness and a col-

league of the deceased, Olujimi Ogunleye who was a welder in the same Alade Market area of Agege, said he was informed of the incident by eye witnesses, after which he mobilised some groups whose job was to accompany the deceased to the hospital for treatment and another to arrest the defendant and have him contribute to the deceased’s welfare and medical bills with no premonition of his death.

Nasarawa CJ appeal for judicial autonomy Augustine Kuza, Lafia

ÏÏÏThe Nasarawa state Chief Judge, Justice Suleiman Dikko, has appealed to the state government to grant financial autonomy to judiciary to facilitate smooth dispensation of justice.

Dikko stated this on Monday in Lafia the state capital, during the 2017 Lafia appeal/call-over session to review cases already decided by lower courts.

According to him, the inadequate finances had hampered the effort of the management towards building the capacity of judges and other supporting staff of the judiciary in the state.

He added that judges in the state, who were supposed to attend national and international conferences over the year under the sponsorship of the judiciary could not do so due to lack of funds.

Accordingly, the management could not implement staff promotion, annual increment, hazard allowance amongst other entitlements.

His word “We have had to use our over-head to implement One year promotion of staff in 2016 to avert industrial action by Judicial Staff Union of Nigeria (JUSUN) and Magistrates Association of Nigeria (MAN).

“The implication of that one year promotion is that we pay over N3.5 million monthly and with the paucity of funds, implementing another promotion would be impossible,” Dikko added.

He warned judges of lower courts and other staffs against indulging in corrupt practices as any found culpable would face disciplinary action.

He however, constituted Five appeal panels to review 155 criminal and civil cases already decided by lower courts.

According to him out of the cases, 53 were criminal while 102 were civil, adding that the review of the criminal cases would be impeded by the ongoing strike since the prosecuting counsels are staff of the ministry of Justice.

Daily Times Nigeria Tuesday, June 6, 2017

News 29

NLC, TUC debunk suspension of Nassarawa workers strike Myke Uzendu, Abuja

ÏÏÏ The national secretariat

of the Nigeria Labour Congress (NLC) and that of the Trade Union Congress (TUC) have denied the allegation that the industrial action embarked upon by Nassarawa State Workers has been called off, saying that strike continues until government clears all outstanding salary arrears.

In a statement signed by the General Secretary NLC, Dr. Peter Ozo-Eson and his Trade Union counterpart, Barrister Musa Lawal, both unions called on the state government to take all the necessary steps to the resolution of the matter amicably.

“It is our position that the issues that led to the strike are resolvable, should the government prioritise the welfare and rights of the workers to wage employment.

“May we advise therefore that you take the necessary steps towards resolving this empasse by meeting these basic demands of the workers, that are by no stretch of imagination extraneous to their fundamental rights as wage earning employees,” the statement stated.

The statement reminded the governor that the resolve to embark on the industrial action was a general resolution of both unions, adding that any overture by the government OKEREKE STELLA EZINWA

which is not extended to both unions and resolved officially is unacceptable.

“Please take notice sir, that no person acting individually or otherwise, other than by virtue of the mandate of Nasarawa workers, held in trust through our joint centres acting in concert can hold out to you their ability to resolve the issues.

“Any purported calling off of the strike action made to you is clearly without authority and mandate of either the Nasarawa workers or the Organised Labour which we represent” they maintained.

The statement called on workers in the state to disregard any directive on the purported suspension of the strike action, until such a directive is made pursuant to an amicable resolution of the issues in contention for which the strike was called.

“We are however open to genuine dialogue session with a view to resolving the empasse, provided the government eschews any perceived ploy at divide and rule or intimidation and harassment of committed leaders of the Labour Movement. We urge the government to utilize transparent channels of communication and reach out to all leaders of Organised Labour in the state.

“We hope that the dire situation of workers of the state will touch your Excellency, to activate the machinery for a quick resolution” they stated.

L-R: Member, Lagos State House of Assembly (LSHA), Adefunmilayo Tejuoso; Lagos socialite, Erelu Abiola Dosunmu; Speaker, LSHA, Rt. Hon. Mudashiru Ajayi Obasa and Lagos socialite, Mrs. Abah Folawiyo, during the Africa Fashion Week Celebration in Lagos… on recently.

NDDC pledges to drive UN’s sustainable development goals Amaka Agbu, Port Harcourt

ÏÏÏ The Niger Delta Devel-

opment Commission (NDDC) has pledged to support the United Nation’s Sustainable Development concept of “develop but don’t destroy” as a tool to maintain the natural balance and keep the environment safe for human existence.

The NDDC Managing Director, Mr. Nsima U. Ekere, stated this on Monday during the World Environment Day celebration organized by the Commission at the Arena Event

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Centre in Port Harcourt. He said that the 17 Sustainable Development Goals endorsed by world lenders at the 70th anniversary of the UN in 2015, touched on water and sanitation, gender issues, peace and security, collaboration and partnerships as necessities for sustainable development.

Mr. Ekere, who was represented by the NDDC Director, Special Duties, Dr. Princewill Ekanim, said that the sustainable development concept clearly recognized that though development was needed for human advancement, the environment was crucial for hu-

ADDITION OF NAME

NJOM ONYEKACHI

That I was formerly known and addressed as EMMANUEL CASSIMIR that I now wish to add EKWENYE to my former name that I now wish to be known and addressed as EMMANUEL CASSIMIR EKWENYE. All former documents remain valid.

Banks and General public should please take note.

I formerly known as Eze Godwin Ugochukwu wish to be known and addressed as Njom Onyekachi .All former documents remain valid, general public please take note.

I, formerly known and addressed as UCHE STELLA EZINWA, now wish to be known and addressed as OKEREKE STELLA EZINWA. All former documents remain valid.

General public should please take note.

MEJULU SAMUEL OGUGUA I, formerly known and addressed as JONAS SAMUEL OGUGUA, now wish to be known and addressed as MEJULU SAMUEL OGUGUA. All former documents remain valid.

General public should please take note.

FOLABOMI ETTI LATIFAT

CHANGE OF NAME AND CORRECTION OF DATE OF BIRTH

JOHN KELECHI THANKGOD

I formerly known as Olusanya Temitope wish to be known and addressed as Babatunde Olatunji Olaoluwa and corrected Date of Birth is: 01/05/1975 .All former documents remain valid, general public please take note.

I, formerly known and addressed as, THANKGOD NNEOMA KELECHI JOHN, now wish to be known and addressed as, JOHN KELECHI THANKGOD. All former documents remain valid. General public should take note.

I, formerly known and addressed as, VINETRESS ELEKIMA, now wish to be known and addressed as, VICTORIA NENE ELEKIMA. All former documents remain valid.

General public should take note.

CONFIRMATION OF NAME

UDOH FRANCES NGOZI

YAQUB ROFIATOU OLAWUMI

This is to confirm that i, ONYIRI IJEOMA OTUBE and IJEOMA JOEL, refer to one and same person but, now wish to be known and addressed as, ONYIRI IJEOMA OTUBE. All former documents remain valid. General public should please take note.

I, FORMERLY KNOWN AND ADDRESSED AS UDOH EDIDIONG FRANCES NOW WISH TO BE KNOWN AND ADDRESSED AS UDOH FRANCES NGOZI. ALL FORMER DOCUMENT REMAIN VALID. GENERAL PUBLIC PLEASE TAKE NOTE.

I, FORMERLY KNOWN AND ADDRESSED AS OLATIDOYE ROFIATOU OLAWUMI NOW WISH TO BE KNOWN AND ADDRESSED AS YAQUB ROFIATOU OLAWUMI. ALL FORMER DOCUMENT REMAIN VALID. GENERAL PUBLIC PLEASE TAKE NOTE.

MRS SIKEOYE NIFEMI ARIGBEDE

I, FORMERLY KNOWN AND ADDRESSED AS MISS SIKEOYE NIFEMI OBIKANYE NOW WISH TO BE KNOWN AND ADDRESSED AS MRS SIKEOYE NIFEMI ARIGBEDE. Correct Date of Birth-17TH SEPTEMBER, 1988. ALL FORMER DOCUMENT REMAIN VALID. GENERAL PUBLIC PLEASE TAKE NOTE.

CHANGE OF NAME & SIGNATURE

FAITH NKECHI ALIU

OGUNSANYA OMOTUNDE OLANREWAJU (NEE BRITTO)

ABIOLA-ALA OLUWASOLA VERONICA

I formerly known as Akeem Latifat Moturayo wish to be known and addressed as Folabomi Etti Latifat .All former documents remain valid, general public please take note.

I, FORMERLY KNOWN AND ADDRESSED AS JIMOH ILESANMI NOW WISH TO BE KNOWN AND ADDRESSED AS ILESANMI FAVOUR FEMI. I also hereby wish to change my signature due to irregularities in my forner signature. All former documents remains valid. General public please take note.

I, formerly known and addressed as FAITH NKECHI OZIRIGBOH now wish to be known and addressed as FAITH NKECHI ALIU. All former documents remains valid.

General public please take note.

I formerly known as PRINCE IKEGULU CHUKWUGOZIE now wish to be known as IKEGULU CHUKWUGOZIE INNOCENT. Former documents remain valid.

General public take note

I, FORMERLY KNOWN AND ADDRESSED AS AGBABIAKA OMOTUNDE OLANREWAJU NOW WISH TO BE KNOWN AND ADDRESSED AS OGUNSANYA OMOTUNDE OLANREWAJU (NEE BRITTO). ALL FORMER DOCUMENT REMAIN VALID. GENERAL PUBLIC PLEASE TAKE NOTE.

man existence.

According to the NDDC boss, the UN’s strategy was “to get governments, aid foundations and NGOs on the same page about what global problems most urgently need to be solved and how to measure progress. The hope is that getting all these groups pointed in the same direction will result in greater impact in maintaining the sanctity of the environment and upholding the concept of SD.” He noted that people were integral part of nature with the environment as man’s only abode.

VICTORIA NENE ELEKIMA

I was formerly known addressed as IDOWU OLUWASOLAPE VERONICA and now wish to be known addressed and called as ABIOLA-ALA OLUWASOLA VERONICA. All former document bearing the former name remain valid. General public take note

AKWARA HAPPINESS I formerly known as Ikebiagbo Onyeisi Favour wish to be known and addressed as Akwara Happiness .All former documents remain valid, general public please take note.

MRS. NYEMA ETHEL CHINWE

CONFIRMATION OF NAME

I, formerly known and addressed as, MISS. ATUGBUE ETHEL CHINWE, now wish to be known and addressed as, MRS. NYEMA ETHEL CHINWE. All former documents remain valid.

General public should take note.

This is to confirm that I, WOYINGILAYEFA FERNANDO ASAMAOWEI, AND LAYEFA FERNANDO ASAMAOWEI, refer to one and same person, but now wish to be known and addressed as, LAYEFA FERNANDO ASAMAOWEI. All former documents remain valid.

General public should take note.

BABATUNDE PAUL GAFARU

ELESHINDUDU AYOMIDE MORUF

I, FORMERLY KNOWN AND ADDRESSED AS ANAFI PAUL BABATUNDE NOW WISH TO BE KNOWN AND ADDRESSED AS BABATUNDE PAUL GAFARU. ALL FORMER DOCUMENT REMAIN VALID. GENERAL PUBLIC PLEASE TAKE NOTE.

UGBOMA ANULIKA NWAMAKA Formerly Known As NWOBU ANULIKA NWAMAKA Now Known As UGBOMA ANULIKA NWAMAKA. Former Document Remain Valid, General Public Note.

Formerly known and addressed as ELESHINDUDU OLAWUNMI AYOMIDE now wish to be known and addressed as ELESHINDUDU AYOMIDE MORUF. All former documents remain valid.

General public take note.

LAWAL MUSLIU COACH

I formerly known and addressed as LAWAL MUSLIU ADEAGA, now wish to be known and addressed as LAWAL MUSLIU COACH, all former document remain valid General Public Take note

30

Daily Times Nigeria Tuesay, June 6, 2017

TUESDAY , June 6, 2017

EXTRATIME

31

Eguavoen blames Sunshine’s loss on referee

C

oach Augustine Eguavoen of Sunshine Stars Football Club of Akure on Sunday blamed his team 0-1 loss to the Shooting Stars Sports Club (3SC) of Ibadan on officiating.

Sunshine Stars FC lost 0-1 to home team 3SC in an NPFL Match Day 22 fixture played in Ibadan on Sunday.

3SC got its lone goal

through Ibrahim Ajani in the game’s fourth minute, but what would have been the visiting team’s equaliser in the 41st minute was disallowed.

The visiting team had got a goal through Ebitimi Agogo which the centre referee said was scored from an offside position.

Eguaveon, an ex-international, told newsmen that the

referee committed several obvious mistakes which were bad for the league.

He stated that such mistakes were not fair, adding that this exercise continued to discourage people from involving themselves in the local league.

“We are all human beings and none is above mistakes, but the referee really made obvious mistakes which were not fair.

Sunshine Stars

Kekana withdraws from South African squad

M Kekana

amelodi Sundowns captain Hlompho Kekana has been forced to withdraw from Stuart Baxter’s Bafana Bafana squad to take on Nigeria in a crunch Africa Cup of Nations qualifier after failing to recover from injury.

Kekana has become an integral figure in the national team set up in recent years, and his withdrawal comes as a big blow to the midfield which has already been weakened by the unavailability of Kamohelo Mokotjo, who had to undergo surgery.

Nonetheless, Baxter has called up Kekana’s Masandawana teammate Tiyani Mabunda, for the upcoming match on June 10.

Meanwhile, the match also signals a new dawn for Bafana with Baxter returning to helm of the South African national team and the South African Football Association (Safa) has confirmed an interim technical team for the upcoming match.

Experienced Goalkeeper coach Alex Heredia will join Molefi Ntseki and Thabo Senong on the bench alongside the Briton.

However, former assistant coach Owen Da Gama has been a notable exclusion from Baxter’s technical team.

Most of the Bafana Bafana team had reported for camp on Sunday with the exception of Dean Furman and Ronwen Williams who are expected to link up with the squad on their arrival back in South Africa following their exploits in Lubumbashi with SuperSport United.

Mikel nears full recovery

S

uper Eagles captain John Obi Mikel is making real progress in his bid to return to full fitness as he continues to recover from the ankle injury that forced him to go under the knife.

The 30-year old has been out of action for about a month now and still has a few weeks to go before he returns to full fitness. He post-

ed a video of himself kicking a ball with the caption: “Injuries take patience,but progress is so rewarding ” The injury means he has been out of action for his Chinese club Tianjin Teda and was also left out of the Nigeria squad for their 2019 Africa Cup of Nations qualifier against the Bafana Bafana of South Africa next week in

Why Tomori opted for England

Tomori

C

helsea defender of Nigerian parentage Fikayo Tomori has explained why he pledged his international allegiance to England after representing the Canadian U20 team.Born in Calgary, Tomori skippered the Canada U20s squad that beat England 2-1 in an international friendly in March 2016, a Young Lions squad that included Nigeria target Ola Aina and Manchester United’s Marcus Rashford.

“It was a tough decision because I’d spent two camps with Canada and had built relationships there, but when England came calling they had the Euros and the World Cup to come so I thought it was a good opportunity,” Tomori told thefa. com.

Puma to kit ABS FC

W

orld renowned sports kits giant, Puma at the weekend in Ilorin unveiled newly designed jerseys, boots and other sports wears that would be used by the Abubakar Bukola Saraki Football Club (ABS) for the rest of the session.

The Puma kitting deal, which according to management of the Ilorin-based outfit, would last for five years, provides another avenue for the club to be recognized globally based on the popularity of the sports wear brand.

Speaking at the unveiling of the new kits in Ilorin, General Manager of the club, Alloy Chukwuemeka said that Puma decided to partner with ABS because of the club’s performance in the Nigeria Premier League, noting that apart from kiting the club for five years, the company would also give technical assistance to players and coaches of ABS throughout the duration of the

partnership.

“Puma agreed to sign the multi-million naira deal with ABS because of the outstanding performance of the Club. This is the first time a big kitting outfit like Puma would be doing business with a club in Nigeria and we are happy to part of this epoch event,” he said Explaining their choice for ABS Football Club, Puma Brand Marketing Manager, Aderemi Adefolami said the company decided to associate with the Ilorin-based club because of the quality and standard performance the team has been displaying in the league.

Also speaking at the event, Seni Saraki, who represented her father, the Senate President and Chairman ABS, Bukola Saraki, thanked Puma for recognizing the club, adding that the deal would spur the players to great heights.

“Puma decided to kit and offer technical assistance to ABS to make the club more dedicated to

excel in the league. We recognized the quality in the team that is why Puma want to use ABS as a brand in the Nigerian league. This is the first time Puma is kiting a club in Nigeria and I believe it would spur the players to give their best in the league,” she said.

“ABS is a big club in the Nigerian league and Puma is a big brand in the world’s sports industry and putting on their sports wears is another way to motivate our players to more success,” he said.

The Nigeria Football Federation’s (NFF) representative at the event, Ibrahim Gasau, who commended Puma for helping in developing football in the country

through the technical assistance offered the club, maintained that the federation would continue supporting any venture that would help develop the game.

“The NFF led by President Amaju Pinnick is delighted by Puma’s partnership with ABS. This is part of the achievements so far recorded by the present board of the NFF. The NFF has signed a deal on the payment of the national coach and also this we week we shall sign another N500 million deal for the Federation Cup with another firm. All these are geared towards lifting the standard of soccer in Nigeria,” he said..

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email: info@dailytimes.ng Tel: 08050220692 Editor Daily: SAM NZEH

Tuesday, June 6, 2017

VOL. 3. NO. 380

Price: N150

Rohr

SAFA names 3-Man technical team for Nigeria

T

he South African Football Association have since confirmed that Senong, goalkeeper coach, Alex Heredia and U17 national team coach, Molefi Ntseki, have been appointed alongside Baxter in the interim, with Owen Da Gama excluded from the technical team set-up.

The likes of U20 head coach, Thabo Senong, has been appointed to work alongside Head Coach, Stuart Baxter, for Bafana Bafana’s Africa Cup Of Nations qualifier against Nigeria on June 10.

Baxter is yet to reveal his official technical team that will assist him during his time as the national team’s head coach, however, indications are that the Englishman had little time to finalize the process ahead of the country’s clash against Nigeria this week.

Baxter

Kekana withdraws from South African squad P.31

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Rohr, Skipper meet NFF over payments

O

utstanding payments will top the agenda when top officials of the Nigeria Football Federation (NFF) led by president Amaju Pinnick meet today with Super Eagles coach Gernot Rohr and stand-in captain Ogenyi Onazi.

The Eagles are grumbling over unpaid bonus, appearance fees, ticket refunds and camp allowances as they were not paid for the training camps in London in March as well as that in France this past week.

“It has never been this bad as regards our bonuses, allowances and even ticket refunds,” said one of the affected players. Officials have already promised the Eagles will be paid the win bonus for the World Cup qualifier in Zambia in October last year.

Nigeria won 2-1 in Ndola, but the players are yet to be paid the $5,000-a-man bonus several months after.

“The players have again submitted their bank details and there is some hope they will now get this payment from the NFF,” .

In the meantime, the Eagles are scheduled to train today evening at the Abuja National Stadium before they fly out to Uyo ahead of Saturday’s AFCON qualifier against South Africa.

Kick-off time in Uyo is 5pm.

The Abia Times

Daily Times Nigeria Tuesday, June 6, 2017

Worst democratic government AT4 better than best military government –Hon. Onyejeocha

Otti flays Gov. Ikpeazu’s administration

AT 2

Factionalizing Biafra movement is selfish – Obigwe ÏÏÏ

Abia State Governor, Dr. Okezie Ikpeazu (middle) in company of his deputy, Sir Ude Okochukwu (right) and the Chairman, Osisioma LGA, Elder Iheyinna Osita Benjamin (left) on their arrival at Osisioma LGA Headquarters for a thank you visit to the people of the LGA...recently

IPOB/MASSOB order: Umuahia, Aba, others record 90% compliance Stories by Sunday Nwakanma Umuahia

ÏÏÏ

The Abia

T E A M

The May 30th Stay-at-home order of the leadership of the Indigenous People of Biafra (IPOB) and Movement for the Actualization of Sovereign State ofBiafra (MASSOB) in commemoration of dead Biafran heroes, in Abia recorded 90% compliance by the citizens as they shunned Commissioner of Police’s moves to ensure normalcy.

In obedience to the order, most shops, eateries, banks and schools, both public and private, did not open for business while streets were deserted as children converted the streets into football fields.

Even as the Police helicopter with registration number 5NGEJ roamed the sky at extremely low height, the State capital, Umuahia,was as silent as grave yard as few vehicles plied the roads.

The streets were deserted and some banks who tried to operate did that under closed doors, except for Automated Teller Machine,

ATM,operators.

The story was the same for even rural towns like Ohafia, Bende, Abiriba, Alayi, Igbere, Item and Arochukwu where citizens were reported to have used the occasion for farm activities.

The stay-at-home order was further enhanced with the public light system which had hitherto been absent in the state was there to encourage families to stay indoors to watch films and other internet activities.

Reports from Aba indicated that the area witnessed near total compliance as markets, including the famous Ariaria,were under lock and key.

Economic and business activities were totally shut down there as markets, businesses, shops and offices closed for business in total compliance to the sit-at-home directive.

The compliance reports said major markets; Ariaria, Cemetery, Ahia Ohuru (New Market), shopping Center, Asa Nnetu Spare parts

Special Project Editor Kenneth Madueke

Correspondent Sunday Nwakanma

markets amongst others as at the time of this report, remained closed.

Government offices of Aba North, Aba South and Osisioma headquarters were closed as no worker was in sight while several motor parks across the city were equally devoid of its hustling and bustling.Busy roads like Azikiwe, Asa, Aba-Owerri, Faulks, Ariaria and Enyimba junctions, Ehi, AbaIkot Ekpene Expressway and others were without the usual traffic jam associated with them.

A staff of one of the commercial banks who pleaded not to be mentioned said that they were doing skeletal work inside the bank as there was no official directive from their headquarters in Lagos urging them to stay at home, but that they chose to partially observe the sitat-home directive in the interest of their customers.

“There was no official directive from our corporate office in Lagos, asking us not to come to work today. But we chose not to observe the day because we wouldn’t want our customers to be trapped or harmed.

But for those who may come to deposit money, we would find a way to collect their money and may be count it on Wednesday when the sitat-home may have ended”, he noted.

A cross section of Aba residents who spoke to our reporter said that theydecided to abide by the directives of the IPOB and MASSOB because they share the sentiment of the two pro-Biafra groups in setting out aside a day to honour those that died in the course of the agitation for Biafra and commended the IPOB and MASSOB under the leadership of Nnamdi Kanu, Director of Radio Biafra and Uchenna Madu for choosing a sit-at-home method of honouring fallen Biafra Heroes.

Meanwhile, the protest has been peaceful except for few areas in Aba where unconfirmed reports have it that some miscreants took advantage of the situation to harass and dispossess innocent Nigerians of their belongings.

Around Umule, restive some youths reportedly broke windscreen of motorists who tried to force themselves through a partial road block which they mounted on the road linking Umuocham to Umule village.

Meanwhile, in a telephone interview, the Abia State Coordinator of MASSOB of Uchenna Madu’s faction, Comrade Anayochukwu Okpara, described the sit-at-home protest as a huge success and thanked traders across the state for adhering to the IPOB/MASSOB directives.

Following the dichotomy in the agitation for Biafra as a nation, a labour leader in Abia, Uchenna Obigwe,said the implication of the existence of multiple movements for the actualization of Biafra is that all or one of such movements is working for selfish interest.

Obigwe who spoke with newsmen in his office weekend against the claims by MASSOB that they were not part of the recent Stay-at-home order by the Indigenous people of Biafra, IPOB, said that if both are working for the common good of seeing that Biafra comes on board as a nation, they need to see each other as playing complementary roles, stating “otherwise, they are selfish and it will not augur well in their struggle”.

He challenged the agitators to prove to the people to be seen as working in synergy with each other, stating, “Self-interest should be removed from the struggle.

“They should learn from their mistakes to make amends and should prove that money is not their intention”.

According to him, if it is feasible to achieve Biafra, “Nothing is impossible in the world, especially outside world.

“What happened on Tuesday (stay-at-home order) is an eye opener as even the Federal Government order has not been so obeyed”, pointing out that the compliance shows that people who called themselves Biafra actually want to secede from Nigeria. On the Democracy Day celebration in the state, Obigwe who is the NLC chairman in Abia but speaking for himself, said that Nigerians have started seeing that politics of the day is no longer “business as usual”, as there is now the need to give service to them by the politicians who represent them, as well as the provision of real legacy projects of paramount importance to the people.

In the state, he said that Gov. Okezie Ikpeazu has used the occasion of the Democracy Day celebration to showcase what he has been doing in the state, stating that Ikpeazu has done what has not been done in the state for years.

The Abia Times 2

Daily Times Nigeria Tuesday, June 6, 2017

Ikpeazu’s ADC urges monarch to apply Otti flays Gov. Ikpeazu’s administration Solomon’s wisdom in community affairs *Hails demolition of structure serving as safe haven for kidnappers in Ugwunagbo LGA ÏÏÏAn

Omoba in Isiala Ngwa South Local Government Area Crown Prince and Aide de Camp (ADC) to Governor Okezie Ikpeazu of Abia State, Emmanuel Ugochukwu Nwakanma, has advised his father who is the traditional ruler of Alaoma Autonomous Community to apply Solomon’s wisdom in the discharge of his functions as the traditional ruler of the area.

Speaking with The Abia Times after the one year anniversary on the throne of his father, Eze Godwin Nwakanma Nwankpa, the Alaoma II of the community, he urged the royal father to “continue in his wisdom, humility and fear of God” as with these, his community will grow better.

Popularly known as “Acupuncture” in his school days in Abia State University, Uturu, Emmmanue Nwakanma, who was also given a chieftaincy title of “Ochiagha” (War Commander) of Omoba, said he felt elated, “unworthy but yet honoured as a son of God”.

The award, has already spurred him into action, as the community has kicked off with the state governor laying the foundation of Omoba Urban Resource Centre which he said will open doors for a lot of investments into the community.

He described his father as having been part of the Ngwa traditional

institution for a long time and has held many positions and advised him as his first son, to also bring godliness as he has been known for into his dealings with his community.

In his speech during the occasion held at Group Primary School, Omoba, Eze Godwin Nwakanma Nwankpa, the Alaoma II of Alaoma Autonomous Community, Omoba in Isiala Ngwa South LGA, urged his people to love themselves, have self-confidence, fear of God and not to desecrate the land as well as inform constituted authorities of any abnormality and in the area for quick intervention and deterrence.

He used the occasion to state that May 12 was the highest day for Ngwa people, stating that the state was calm because of the good judgment of the Supreme Court, saying that otherwise, there would have been crisis in the state.

He expressed his happiness that a blessing has come into his community through Gov. Ikpeazu, pointing out that the occasion was to mark his one year anniversary of receiving his staff of office and thanked God for that, especially as the state governor used the occasion to lay the foundation of the community’s Development Centre, Omoba Urban Resource Centre.

Stories by Sunday Nwakanma Umuahia

ÏÏÏ The Governorship candidate

in the last general elections in Abia state, Dr. Alex Otti, said Governor Okezie Ikpeazu is still to get his bearing as the state was still plagued by the ills that retarded its administration.

Responding to speeches at a grand civic reception in his honour organised by Umunneato (Isiala Ngwa South, Isiala Ngwa North and Osisioma local governments) Caucus of APGA in Abia, Dr. Otti said it was evident that Ikpeazu was yet to get his bearing right in the governance of God’s own state.

Alex Otti who is the leader of the All Progressives Grand Alliance, APGA in Abia state, regretted that “some of those ills we identified not too long ago, and for which we were verbally attacked have yet to receive serious attention from the government”, citing the upsurge in kidnapping, mode of revenue collection in the state, huge refuse that is taking over the state, especially the state capital, among others in

the state.

He noted that his party had harped on the need for the government to take very drastic, decisive and far-reaching actions against kidnappers and had listed those things we felt government should do, pointing out that while the recent demolition of a structure serving as safe haven for kidnappers in Ugwunagbo local government was a welcome development, the action still fell short of finding lasting solution to the nagging problem.

“We urge the government to take actions that are more preventive than reactionary against kidnappers and would-be kidnappers.”

Otti said.

He noted that the recent accidents that led to the deaths of people at Ogbor Hill and Milverton Avenue areas of Aba were caused by touts dragging steering with truck drivers.

Though the recent tout-induced accidents were not the first in Abia, Otti urged that the “government should ensure that it would be the last tout-induced accident that would befall innocent Abians,

adding that “Civilized societies do not use touts to collect taxes and levies.” He also blasted Ikpeazu for allowing heaps of garbage to overwhelm Umuahia the capital city two years into his tenure, adding that he was nonetheless not surprise as it was the same party that is still running the affairs of Abia.

But Otti, who is still brimming with ideas and passion to change the face of Abia, declared that the project embarked upon by his party aimed at “reclaiming and restoring Abia to Abians” has not ended despite the final outcome of the governorship race and its attendant legal battles, stating that the Abia project requires such “commitment, courage and capacity” as exhibited by the organizers of the event held his country home in Umuru Nvosi, Isiala Ngwa South local government.

Otti said he was overwhelmed by their expression of emotion-filled love, support and solidarity “even in disappointment” thereby proving that the people of Abia were still yearning to liberate their statefrom maladministration, stating:

NOA, UNICEF design TFD to assist approach to Essential Family Practices ÏÏÏ

Perturbed by nonchalant approach towards the Essential Family Practices (EFP) by most families and the urgent need to adopt a better method/strategy to ensure strict compliance, the National Orientation Agency (NOA) and UNICEF has designed what it described as Theater for Development (TFD).

TFD is a progression from less interactive theatre forms to a more dialogical process, where theatre is practiced with the people or by the people as a way of empowering communities, listening to their concerns, and then encouraging them to voice and solve their own problems.

Addressing the people of Avonkwu autonomous community, Olokoro, Umuahia South L.G.A, Abia State, during one of the community engagement on EFP through TFD and community dialogue programme, planned for thirty six communities in three local government areas (Umuahia South, Ugwunagbo and Ohafia) of the three senatorial districts, the Abia State NOA boss, Dr. (Mrs.) Ngozi Uduma, said TFD as a participatory theatre practice, allows communities to write their own stories and perform in a drama based on the messages that emerge from the storytelling process.

She said through TFD, communities would get involved on issues concerning essential family practices, benefits of antenatal and post natal

services, child labour and trafficking among others.

Dr. Uduma said focused antenatal service at least four times before child birth goes a very long way to save both the mother and the child from health hazards, death and other complicating issues as it regards to child birth.

She reminded the community the benefits of EFP and the healthy benefits of exclusive breastfeeding of a child, pointing out that exclusive breastfeeding saves money and protects the child from many communicable diseases.

In a health talk, the Umuahia South health educator, Mrs. Blessing Ochiabuto, touched on the benefits of child immunization, exclusive breastfeeding, personal hygiene, sanitation/proper hand wash, dangers of self-medication, and dangers of the use of hard drugs.

She said excessive ingestion of hard drugs can render the bright ambition and vision of the youths useless, which in turn creates nuisance in the community.

Mrs. Ochiabuto informed the gathering that malaria now pose the highest threat to human existence as it is the highest killer of children under five years of age.

She called on them to visit the primary health care centres around them, get and sleep under mosquito treated net and go for diagnosis when ill.

L-R- Chuks Alozie, Chairman, Nigeria Prays, Abia State Chapter presenting an award to the Commssioner of Police Oyebade Adeleye at a courtesy visit to the commissioner in Umuahia, yesterday.

ABSG to empower 10 youths from each LGA-Gov. Ikpeazu ÏÏÏAbia

State Government said it has concluded plans to empower 10 youths from each of the 17 Local Government Areas of the state with N100, 000 each to start small scale businesses.

Governor Okezie Ikpeazu disclosed this while addressing the people of Umuahia South, Umuahia North and Ikwuano, Isiala Ngwa North, and South, Osisioma, Arochukwu and Ohafia LGAs on his meet-the-people and thank you tour to Local Governments in the state, stating that the visit was to thank the Local Governments for their support and sustained prayers while the litigations lasted, assuring them that he will not disappoint them.

Ikpeazu said that apart from the ten youths, two more youths from each of the 17 local governments

are to be sponsored by his government for training in shoe making in China for one year and requested the council areas to make available to him the names of the youths who must not be related to political big wigs in the area.

Ikpeazu informed them of his commitment to embark on massive development of the entire state now that the court cases are over, saying: “My administration has just begun.

You will witness greater development henceforth.”

According to him, attention will be paid to rural roads that connect communities, announcing that massive renovation of primary and secondary schools across the state will begin after this rainy season, while disclosing that the sum of N5.6 billion has been set aside for that purpose.

The visit, he said, was to present himself to the people after his Supreme Court victory and solicited the continued support of the people.

In their speeches, all the local Government chairmen, including Chief Obioma Ogbulafor of Umuahia South, Mrs. Ngozi Orji of Ikwuano, Chidiebere Nwachukwu of Umuahia North, Ginger Onwusibe of Isiala Ngwa North as well as stakeholders from the area appreciated the Governor for the visit and assured him of their unflinching support at all times.

They appealed to him to look at their deplorable road networks and to extend more democracy dividends to them.

The Governor used the opportunity to distribute fertilizers and other items to the people.

Daily Times Nigeria Tuesday, June 6, 2017

3 The Abia Times

Pay attention to character molding, Ikpeazu charges varsities ÏÏÏ Abia State Governor, Dr. Okezie

L-R: Deputy Governor of Abia State, Sir Ude Okochukwu; Abia State Governor, Dr. Okezie Ikpeazu; his wife, Nkechi Ikpeazu; Abia State Chief Judge, Justice Theresa Uzokwe; Former Governor of Abia State and Senator representing Abia Central senatorial zone, Sen. Theodore Orji and his Abia South counterpart, Sen Mao Ohuabunwa, during an Interdenominational Church Service to mark the 2nd Anniversary /Thanksgiving service and Re-dedication of Abia State at the International Conference Centre in Umuahia...recently

Ikpeazu assures Ngwa monarchs of fairness, respect to all Abians ÏÏÏ Abia State Governor, Dr.

Okezie Ikpeazu, has promised that he will treat all Abia people with equal fairness and respect.

Speaking when he received members of Ngwa Traditional Rulers Council, led by the chairman, Eze Nwabiaraije Enogwe, who paid him a solidarity visit at the Government House after his Supreme Court victory recently, the Governor said that he remains the Governor of entire Abia State.

Ikpeazu, who said he wants a united Abia under his watch, expressed happiness

with the unity among Ngwa royal fathers, assuring the traditional rulers that he will use them in carrying out some of his administration’s policies and programmes and called on them to support his government.

Earlier in an address on behalf of the council, the Secretary, Eze I. I. Nnakwu, said they came to congratulate the Governor over his victory against Uche Ogah at the Supreme Court and thanked him for the developmental projects he has put in place within two years of his government and urged him to

continue with the good and people-oriented projects he has been doing in Abia State particularly road construction in Aba. He assured the Governor that their communities will join him to achieve his aims and objectives.

In his speech, the chairman Abia State Traditional Rulers Council, Eze Eberechi Dick, enjoined the Governor to be strong as royal fathers are with him, assuring him that he will complete his 8 years in office as his predecessors did.

…Doles out N100m to sponsor youths on CBN programme ÏÏÏ

Governor Okezie Victor Ikpeazu of Abia State presided over a summit of Abia PDP stakeholders held Umuahia and commended the stakeholders for their support and encouragement while litigations lasted in the courts.

Ikpeazu, who briefed the stakeholders on some of his achievements since coming into office, informed them that his administration has made available N100 million to support Abia participants attending the CBN sponsored programme which Abia is hosting for the entire South East states.

He further informed the stakeholders of his plan to

hold town hall meetings in all the local government areas in the state and carry out entrepreneurship training for 10 youths from each local government as well as the proposal by the Chinese investors coming into Abia to train 299 Abians in China in leather manufacturing and production.

Responding, the stakeholders congratulated the Governor on his victory at the Supreme Court and passed a vote of implicit confidence on him.

Collectively, they reaffirmed their support for the Governor and commended his achievements in rebuilding and developing Abia

State.

The summit appreciated the unity within the party in the state and resolved to address any misunderstanding existing in any part of the state, especially in Ohafia LGA. While reaffirming its total loyalty, oneness, unity and submission to PDP as their party, the summit requested the Governor to liaise with other South East colleagues to ensure the protection of the interest of South Easterners at the federal level and tackle the marginalisation of Igbos in Nigeria.

Ikpeazu, has emphasised the need for institutions of higher learning in the country to pay greater attention to the molding of the character of their students in addition to learning.

The Governor was speaking at the maiden matriculation ceremony of Clifford University, Owerrinta held at the matriculation arena, Ihie campus in Isiala Ngwa North Local Government Area of the state.

He regretted that most institutions of learning in the country today are lacking in the area of character molding, pointing out that many graduates of higher institutions despite being awarded certificates and degrees in various disciplines do not have good character.

He said: ‘’Diplomas and Degrees are awarded when you are found worthy in learning and character. It is important to be found worthy not only in learning but in character. ‘’Today, what you can find everywhere in the North, in the South and in the East and indeed everywhere in Nigeria are institutions of learning. Most of them are devoid of moldings character. ‘’The world is in need of people with character more than the world is in need of people with learning.

Therefore, it is another thing to qualify in learning but if you lack character, you find it difficult to drive in the world of today. This is my way of saying that your greatest emphasis should be that you be found worthy

in learning and character but more so in character.’’

The Governor urged the new students to be exemplary in their conduct and imbibe the fighting and resilient spirit that Abia is known for in order to be found truly worthy in learning and character at the end of their studies.

According to him, he has no doubt that the Clifford University will fill the gap in providing holistic education to graduates that pass through the institution, adding that the university will add value to the education space as well as meet the spiritual need of the people.

He also implored the students to train their minds to be employers of labour at the end of their academic exercise and promised to encourage the university to the best of his ability.

In his remark, the senator representing Abia South senatorial zone, Sen. Enyi Abaribe, said he is happy to be part of the success story of Clifford University and challenged the students to take their studies seriously.

Also, the visitor to the university, Pastor (Prof.) Ted Wilson, represented by Pastor (Dr.) Elie Dido, said the plan of the SDA Church is to truly make Clifford University a citadel of learning and urged the matriculants to imbibe the spirit of hard work so as not to waste the resources of their parents.

Umuahia NSE to honour former ASOPDEC boss ÏÏÏ For his positive roles in the so-

ciety and other humanitarian/philanthropic gestures, the Umuahia branch of Nigerian Society of Engineers (NSE) has proposed an engineering award to be conferred on the former Chairman of Abia State Oil Producing Areas Development Commission (ASOPADEC), Rt. Hon. Emeka Stanley.

The event for the award which had the caption: “Development of Environmentally Friendly Engineering Practice”, is scheduled to before the end of July, 2017.

Throwing more light on what moved the Society to propose the award, during a courtesy visit to the Commission, the Umuahia branch NSE Chairman, Engr. Victor Ejikeme Ihediwa, said the achievements of the ASOPADEC boss in the past years, particularly in the area of provision of education based infrastructure, rural electrification, rural feeder road construction, and other engineering related projects is worthy of note.

He stated that the Society is highly elated by the profile performance of Rt. Hon. Emeka Stanley especially as it concerns execution of engineering projects that have positively impacted on the life of its beneficiaries.

He commended the ASOPADEC boss for his numerous supportive programmes and philanthropic

gestures, adding: “We equally appreciate the enormous support NSE Umuahia branch has received from the Chairman and Management of ASOPADEC. Your right hand of fellowship has always been a source of encouragement to this body of engineers”.

While pledging their unalloyed support to the goals of ASOPADEC, the Society of Engineers Umuahia branch led by Engr. Ihediwa wished to partner with ASOPADEC to achieve an enduring engineering legacy.

Engr. Ihediwa seized the opportunity to appeal that the ASOPADEC boss should find the engineers in Umuahia branch most appropriate to handle the Commission’s engineering projects/contracts.

In an interview with newsmen, the former ASOPADEC Chairman, Rt. Hon. Emeka Stanley, said about 80 percent of their projects were done by certified professional engineers, as the Commission proudly parades a Permanent Secretary, Engr. (Mrs.) Rita .C. Okengwu and a Commissioner, who are engineers.

He said the Commission values engineers, pointing out that ASOPADEC has in-house engineers, who assist to ensure that works embarked upon by the Commission reached the expected standards of engineering.

The Abia Times 4

Interview

Daily Times Nigeria Tuesday, June 6, 2017

Worst democratic government better than best military government –Hon. Onyejeocha

Sunday Nwakanma, Umuahia

HON NKEIRU ONYEJEOCHA is the House of Representative member representing Isuikwuato/Ummunneochu and the Chairman, Senate Committee on Aviation. Every last Friday of the month , she holds a prayer meeting in her country home, Umunneochi to draw strength from God. In this interview in her country home, she expressed her opinion that the worst democracy is better than the best military government.

Excerpts: What is the day’s occasion?

It is for Nkeiru Onyejeocha Foundation which we do every last Friday of the month as a prayer meeting where we draw our strength from God. You sounded a born-again christian during your speech to your constituents I am a born-again even before I joined politics.

You also spoke as if you are worried that your position as the representative of isuikwuato/ umunneochi in the federal house is threatened I cannot be worried and politically, I cannot be worried. If I am worried, I cannot be here.

Are your going for a higher political position come 2019?

One thing that I know that is sure is if God keeps me alive, I will run for a position, but whether it is higher or the one I have now, time will tell.

That is to say that you have indirectly kicked off your campaign for 2019 election?

I kicked off my campaign immediately I was sworn in for 2015 elections. It will be stupid for somebody not to know what he wants. I am not in politics by accident. This is why this foundation is not a political party. You see APGA people here, APC and PDP and most other women who do not belong to any political party. All they know is Nkeiru Onyejeocha, their Ada E ji aga Mba (worthy Ambassador). Immediately I got re-elected, I had a road map for what I want to achieve. There are some projects I embarked upon and which I know I cannot finish in four years. These include the project of removing the youths from the street, especially with the backlog of unemployed youths. Even as a Commissioner, I hard a scholarship scheme and many beneficiaries of the scholarship are here right now.

If you look at this area, we need to do something very drastic. Again, on road construction, I did one in almost all the wards in the constituency, classroom blocks, solar street lights, library, and computer schools.

I have done a lot of projects. I also veered into human development with a lot of trainings. The people of my constituency cannot continue begging people for bread, so by this year’s budget of the Foundation and that of the Federal Government, especially with some agencies that do empowerment; I have put in some sort of empowerment for the women here. The truth is that if we get the right focus and begin to do things differently, our area will change. I am privileged to be a member of Federal Character Committee. If you go there, you will cry. You see other states with allocations of 30 plus, 40 plus, while Abia will receive 8. Hon Darlington is the Deputy Chairman of the committee and he is there to confirm this. My constituency is even the worst with one seeing sometimes, Umunneochi one, Isuikwuato 5, may be Ohafia 8 where you have about 25 positions. Sometimes you have Ohafia 2, Arochukwu 3, Bende 2, Isuikwuato 2, Umunneochi zero.

As a member of the Appropriation Committee of the House, I insist that my constituency must be accommodated in the budget. That was how they included 25 transformers for me. So if your are sitting down somewhere, you should be watching the way you will make the difference.

What is your relationship with your constituents, especially the youths like?

I have given many people, specially the youths jobs. For me, representation is in all facets to be able to listen to your people, lobby and go out of your way to ensure that youths from your constituency are removed from the streets and restiveness arrested. So I will do all I can to assist them. There is no ward across the Isukwuato/Umunneochi that has not gotten an appointment in all areas of the federal civil service.

You have been operating without a youth wing During my campaigns in 2007, I did not have any youth wing. I refused practically to own one.

When my supporters complained, I told them that my own idea of youth wing is not to gather them to come and drink all sorts of things and then follow you to campaigns and cause trouble. I said I will not do that. I said I have kids who are in school. How would I look at these youths who will follow me for campaigns while my kids are in school? My supporters are not based on party affiliation. Some of them have been with me since my advent into politics, even as a commissioner.

Have you inaugurated any foundations?

In 2010, I registered an inaugurated Onyejeocha Foundation so

Onyejeocha that at every point, I have a platform to reach them especially for their feedback as I want to know what is happening in my constituency and to feel what they need. I shunned inaugurating Onyejeocha Youth Front to ensure I have responsible youths with me. Instead, I opted to assist them in all their problems from education to empowerment and employment.

On inec voter’s registration I have summoned stakeholders’ meeting on the INEC voter’s registration exercise. They came from every ward across the constituency and I told them that they cannot win votes if people don’t come to register, and l called on those of them not living here within the constituency to come back and register as nobody knows tomorrow. The stakeholders came back from other states for the meeting. I am not an Abuja Representative, I am a constituency representative. So every month, I am always here. If there are issues, they do not wait indefinitely and if there are problems, they will tell me what to do and what they want.

Any target number of people?

Target number of people to register will depend on the number not registered and I will take care of the transport of those who are not near the registration centres.

Advice to ndigbo over the inec registration exercise If I have done this, I expect every Igbo man or woman to take the exercise serious. This is because, now we have just five states and some of them will say we don’t have the number. This is the time for us to prove to them that we have the number. Also if you come to delineation, they will say you have to have the number of people to have extra constituency. So, this is a wake up call for all of us now to come home and register. This appeal is about the entire Igbo race to say, this time, we are

I have given many people, esspecially the youths jobs. For me, representation is in all facets to be able to listen to your people, lobby and go out of your way to ensure that youths from your constituency are removed from the streets and restiveness arrested. going to take the bull by the horn to ensure that our people continue to register. During this registration, most people will leave to their LGA from Umunneochi which is a boarder community, so, I expect our people to also come and register. This is the time for state governments to send their usual Christmas buses to go and bring our people home.

Can you comfortably say democracy is working in nigeria?

As a politician, I will say, yes, but we need to do more. This is because, if it is not democracy, may be, movement would not be possible. The worst democratic government is better than the best military government. Whether it has worked or not, I think I have some concerns on the extent of marginalization of certain zones and I speak seriously concerning my own zone. I also know that you cannot preach democracy when you are not fair as you have to define democracy as the government of the people by the people. So, you cannot segregate and say democracy is working. Even the constitution says that in sharing positions that fed-

eral character principle must apply.

What you find in this present government is that my zone, south east has been neglected.

What efforts are being made by the national assembly members of Igbo extraction to get this imbalance normalized?

Democracy is about lobbying and talking. We cannot take to the gun as we are not criminals. We cannot waylay people or begin to shoot guns. But in our own little way, we have been talking. There are a lot of motions in the House which I have had and where we raised our voice on marginalization, where also, we call the MDAs (Ministries, Departments and Agencies) and we ask questions. These are efforts we are making to ensure that this imbalance is corrected. This is haunting us and we are fighting our own battle.

Are you challenged that in the south east, positions are usually zoned, especially your position?

It is not zoned. I have not seen any threat and it is about representing people. The only position that I know for sure that you can go as many times as possible is that of the Legislature. It depends on the level of you representation to your people. Nothing says you will go for a second term if you are not representing very well. It is not about whether you are from my family, ward or community. It is the people that determines. If I represent the people of Isuikwuato very well, and they want me to come back, nobody can stop that.

What is your position on those agitating for biafra?

My take on that is that our brothers and sisters who are agitating have the right to express themselves.

You have every right because this is democracy. But the truth of the matter is that no how each person would want to go to war. We wouldn’t want to shade blood or what happened during the civil war to repeat itself because in every family there is a sordid story of human losses. It was then that the Igbos lost a lot and in some states had this abandoned property issues. So, they should put things on the table and if they agitate, they are right but should not take it out of concept to cause war or shade of blood. So I believe that every Igbo person should come back to the drawing board and let them know how to make Nigeria know that they are pained because of the way they treat them. That also goes back to tell Ndigbo that this voter registration is very important in showing their number which they will turn into their strength to determine their next level, who governs them and so on. Our leaders should begin to negotiate right now the way forward for the Igbos.

Business Times Daily Times Nigeria

Strategies for business success in focus at FGBMFI seminar Page B2

Take advantage of FGN’s bond’s auction, says ARM Bonny Amadi Arm Securities Limited has urged investors to take advantage of the June auction of the federal government Savings bonds (FGSB) which opened on Monday, June 05, 2017, to close on Friday June 9, 2017, with Wednesday, June 14, 2017, as settlement date.

According to the company, interested investors need to have their CSCS accounts’ numbers, print or download from its website, and effectively fill the relevant portions of the FGN Savings’ Bond application form and follow up with transferring the investment amount into a dedicated bank account numbers, According to the investment outfit, the ongoing June auction of the FGN saving bonds are in different categories with diverse coupon rates.

The FGN’s savings bond investments outlets currently being auctioned, include June two years savings bond,14, 2019, with : 13.189 per cent coupon, 2 Year FGN Savings’ Bond, while the three years FGN Savings’ Bond, June 14, 2020, offers 14.189 per cent coupon rate,

NLC laments nonpayment of workers’ salaries, pensions

Page B6

The Association of Licensed Telecommunications Operators of Nigeria (ALTON) said that 21 telecommunications operators in the country have closed shops in the last 10 years.

The ALTON Chairman, Gbenga

BUSINESS TIMES Head Business Azubike Nnadozie Asst. Business Editor Simon Ugwu Capital Market Editor Bonny Amadi

How Holdco’s regulatory failure denied FBNH investors’ funds Page B8

NNPC supports gas flare out legislation Simon Ugwu

The Nigerian National Petroleum Corporation (NNPC) has said that it has put in place measures and facilities to curb gas flaring, preparatory to the 2020 flare out deadline by the Department of Petroleum Resources (DPR).

NNPC Group Managing Direc-

tor, Dr. Maikanti Baru, who was represented by the Managing Director of the Nigerian Petroleum Development Company (NPDC), Mr. Yusuf Matashi, made this submission during a one-day public hearing on Gas Flaring Prohibition Bill 2017, at the National Assembly in Abuja.

Dr. Baru expressed NNPC’s

strong support for the legislation to reduce gas flaring, adding that the Corporation considered the legislation from the financial benefits it promises to capture rather than seeing it from the point of view of penalty.

“NNPC supports the legislative intervention to prohibit gas flaring in line with global best

practices, considering its negative impacts on the environment and the communities where the gas is flared. NPDC, the Exploration and Production arm of the Corporation, is going ahead to see that the monetization of flared gas is realized despite the challenges of the past,” Dr. Baru stated.

CONTINUED ON PAGE B2

NUPENG to down tools if Oando takes over PH refinery Joy Ekeke

L-R: Executive Director, Shared Services and Products, Chijioke Ugochukwu; 3rd Best Graduating Student, CREST Academy, Amadi Chinedu Darlington; 2nd Best Graduating Student, CREST Academy, Komolafe Samuel Babatunde; Best Graduating Student, CREST Academy, Akinbode Azeez Kunle and Managing Director, Nnamdi Okonkwo all of Fidelity Bank Plc, at the CREST Academy graduation ceremony which held recently.

Telecoms: 21 operators closed shops in 10 years, says ALTON

By Tony Nwakaegho

Tuesday, June 6, 2017

Adebayo, made this revelation during the”Broadband Summit 2017,” organised by BusinessDay Media Limited in Lagos.

He said that the operators collapsed due to the country’s economic and operational challenges.

“As at 2006, ALTON had 35 members, but between 2007 to date, its members had reduced to 14,” Adebayo said.

He said if care is not taken, more service providers would close shop before the end of year.

The ALTON chairman said firms that had stopped operations in the nation’s telecommunications space included, Multilinks,

Starcomms and O’Net. According to him,“The economic challenges include poor power generation, multiple taxation, exorbitant Right of Way levies, insecurity and over-regulation, among others.”

He said,“The operational issue includes lack of fund to roll out,” adding that the cost of getting the Right of Way was over 60 per cent of the total amount needed to put the infrastructure in place.

He lamented that within the last five months, the surviving operators lost over 20,000 batteries to theft and vandals at their base stations.

The ALTON Chairman said

that some of the batteries, according to investigations carried out, were sold to some inverter operators in the country.

He called on government at all levels to protect the sector because of its immense contribution to the growth of the economy.

He reiterated that, “Until we are able to classify the telecommunications infrastructure as critical national infrastructure, the problems will persist.”

He said,“There should be sanctions, including long-term prison sentences for telecommunications’ infrastructure vandals. If there is severe sanction, it will serve as a deterrent.”

Nigeria Union of Petroleum and Natural Gas Workers, (NUPENG) says it will ground the petroleum sector if the Federal Government allows Oando to take over the Port Harcourt Refining Company Limited (PHRC).

NUPENG further advised the federal government not to ignore the recent resolution by the Senate against the agreement with Oando.

The President of NUPENG, Mr Igwe Achese, insisted that there was no way the oil workers would allow what happened in the electricity sector where Nigerians were shortchanged and now made to pay for darkness instead of light, to happen to PHRC. NUPENG president, who is also the Deputy President of United Labour Congress of Nigeria, ULC, contended that the supposed agreement entered into between the Federal Government and Oando unilaterally without the involvement of stakeholders was unacceptable.

He said: “We have continued to wonder why the sale of public assets such as the Port Harcourt Refineries is being done in secret.

Whether you are bringing in foreign investors, direct or indirect partnership or whatever, knowing that there are stakeholders in this sector and these stakeholders are also tax payers, you don’t just take any decision at will. There are workers, host communities, local government and even state government who are critical stakeholders. They cannot just be ignored.

“Among all these stakeholders, more importantly, the workers who are the operators of the assets, their future is being mortgaged. Don’t they deserve to know what happens to their future? It is unfortunate that each successive civilian administration tends to be autocratic and yet we are in a democracy.

Business News B2 Sterling intensifies campaign, unveils Olamide as brand ambassador Sterling Bank Plc, has intensified its environmental sustainability campaign with the formal unveil of Olamide Adedeji, popularly called Olamide Baddo, as STEM Ambassador.

STEM, the Sterling Environmental Makeover, is the bank’s corporate social responsibility initiative which seeks to promote practices that contribute to the quality of environment on a longterm basis.

Olamide is Nigeria’s foremost hip-hop artiste with large followership that cuts across socioeconomic classes and age groups.

In this role, he will inspire Nigerians, both young and old to alter their lifestyle and adopt sustainable living actions which reduces impact on the environment and makes planet earth a clean and safe place.

Olamide is expected to extend reach and impact of the Sterling Bank Environmental Makeover programme.

Launched eight years ago, the initiative has promoted sanitation, hygiene and environmental sustainability in more than 14 states across Nigeria. In December 2016, Nollywood actor, Funke Akindele popularly known as Jenifa, joined the employees of Sterling Bank to clean the streets of Lagos.

Speaking on the emergence of Olamide Adedeji as STEM Ambassador, Henry Bassey, Chief Marketing Officer, Sterling Bank, said “As a bank, we are big on the environment and clearly going to sustain that. One of the ways to sustain this initiative is to create excitement around it and we find Olamide a credible choice. Partnering with Olamide will consolidate on the success of the STEM Programme which covers provision of uniforms to street cleaners in 14 states, national cleaning exercise by Sterling Bank employees, and tree planting in Bauchi, Gombe and Plateau states. to address the challenge of desertification.

“We cannot live a healthy life, conduct business and create wealth amidst waste or in a toxic environment. Without clean air, water, land and energy, our collective humanity is endangered.

This makes it necessary for us to keep our environment orderly and functional through sustainable living actions and regular cleaning. As a result, we have signed up Olamide as STEM ambassador to nurture this consciousness among young Nigerians and also lead our upcoming national cleaning exercise. Our goal being to lead the movement to promote environmental sustainability in Nigeria”, Bassey

Daily Times Nigeria Tuesday, June 6, 2017

Strategies for business success in focus at FGBMFI seminar Sam Nzeh

In a move aimed at boosting the economy, the Full Gospel Business Men’s Fellowship International South West District 3 Lagos, will on June 9 and 10, 2017, expose entrepreneurs to strategies for business success.

Speaking during a press briefing at the District’s office in Ilupeju, Lagos, Mr. Fola Aguda, coordinator of the district, said the

seminar aims at enhancing the capacity of members and nonmembers in their chosen fields.

“The objective of the Annual Business Seminar (ABS) is to empower our members and the public with up-to-date skills that will improve their businesses and endeavours. We also aim through the seminar to impact modern day skills that will make people perform better in their businesses,” he said.

He disclosed that the seminar

which is highly subsidized is open to members as well as nonmembers, aims to reach out to high network entrepreneurs and those at the low ends of the society, impacting in them skills to make their businesses thrive in despite recession in the country.

His words: The seminar will add fresh energy in people to move forward their businesses as we have assembled a faculty made up of experts in different fields to drill participants on

skills needed to make their businesses not only survive in the ongoing recession in the country but make them grow”.

Aguda, who was accompanied to the press briefing by other officials of the FGBMFI South West 3 Lagos, including Engr.

Charles Aladewolu, Mr. Edward Eworo among others, said the seminar is the 19th edition of the organisation’s Annual Business Seminar (ABS), and will have two sessions.

NNPC supports gas flare out legislation CONTINUED FROM PAGE B1

L-R: Mrs. Bunmi Braheem, State Nutrition Officer, Lagos State Ministry of Health; Olumide Aniyikaiye, Country Marketing Manager, Arla Dano; Mrs Oyinlola Adejare, Wife of Commissioner for Environment, Lagos State; and Dr. Batholomew Brai, President Nutrition Society of Nigeria; During the Celebration of World Milk Day 2017 , held recently in Lagos.

Seplat’s Q1 2017 result enhances rating - Analysts Bonny Amadi

Seplat Petroleum Development Company Plc’s first quarter result for the period ended 30th March, 2017, which reflects impressing performance, has generated sustenance of out performance rating from market analysts.

FBNQuest investment analysts, among other reports, in its recent report on the company’s Q1 result said, “Outperform rating maintained” The report noted that Seplat Q1 2017 results were hurt by

disruptions to the third-party operated Trans Forcados System (TFS), its major export pipeline route.

Seplat posted a loss before tax of –US$18.3m. This marked the fifth consecutive quarter of losses. The TFS. which had been out of operation for over 15 months is now back on line.

However, we expect management to remain focused on the development of export route alternatives in order to de-risk future production.

According to the Analysts’ company, “ Following conversations with the company, we

understand that engineering work on the Warri Refinery Jetty and the construction of the 160,000bpd Amukpe-Escravos pipeline are both on schedule to be delivered in H2. As such, the firm’s performance over subsequent quarters during 2017 should materially improve. A major benefit of the AmukpeEscravos route is the absence of production losses due to an oil-water reconciliation factor.

FBNQuest expressed believe that the Amukpe-Escravos route could be Seplat’s likely preferred export route going forward, saying, “Given the dif-

He informed that NPDC was the highest gas supplier to Nigerian domestic market and was therefore committed to the reduction and elimination of gas flaring to generate more revenue for the country.

Earlier, the Senate President, Dr. Bukola Saraki, who was represented by the Deputy Majority Leader, Senator Bala Ibn Nallah, while declaring open the public hearing said the issue of gas flaring was a national embarrassment adding that the 8th Senate was committed to enacting a legislation that would end gas flaring in the country.

“Gas flaring is as old as crude oil exploration in the country. We are, therefore, committed to this legislation which seeks to put an end to gas flaring which has deprived the nation of huge revenue, impacted the lives of oil producing areas negatively and depleted the ozone layers,” Dr. Saraki averred.

On his part, the Senate Committee Chairman on Gas, Senator Albert Bassey, stated that the Gas Flaring Prohibition Bill 2017 served as a legislative panacea to end gas flaring in the country.

ficult H1 period, we have cut our 2017-18E EPS estimates by around -54% on average. However, our new price target of N480.5/share (US$1.5) is relatively unchanged and represents an upside potential of 37% from current levels.

“Though, the NSE ASI has gained +26% over the last three months, Seplat shares have shed -13%. Given the potential upside on the stock and a likely turn in the company’s fortunes following the resumption of the TFS and efforts to de-risk output, we retain our Outperform rating on the stock.”

Daily Times Nigeria Tuesday, June 6, 2017

Naira firms at 368/$1 at parallel market The Nigerian currency, the Naira, on Monday firmed against US Dollar to close at 368 at the parallel market.

The naira, which also appreciated against the pound sterling sold at 480 compared to 489 exchanged over the weekend, but remained steady against the Euro at 415, the same it traded on Friday.

At the official FX market, the naira sold at 305.55 the same range it has been selling since February this year.

However, Africa’s largest economy, grappling with a currency crisis brought on by low oil prices which hammered its foreign reserves and created chronic dollar shortages, has resorted to regular injections of dollars by the central bank to narrow the spread between the official and black market rates.

The Nigerian naira has rallied on the black market to 375 from around 520 per dollar before the central bank started aggressive intervention in the foreign exchange market in February to improve liquidity and ease pressure on the local currency.

“The increase in the supply of foreign exchange, improved crude oil production and prices, improved investor confidence in the economy and an increase in the participation of both local and foreign investors in the market,” have been driving the market’s recent gains, said FSDH Merchant Bank in a research note.

Meanwhile, the apex bank believes its foreign exchange policy has been largely influential in restoring investor’s confidence.

Meanwhile, expectations are high among dealers in financial instruments that the maturity of treasury bills worth N51.14 billion, via OMO on Thursday, June 08, 2017, will lead to improvement in financial system liquidity and resultant moderation in interbank rates.

Available data showed that the maturities will come through: 143-day bills worth N27.97 billion, 177-day bills worth N8.04 billion and 181-day bills worth N15.13 billion.

“Hence, we expect improvement in financial system liquidity and resultant moderation in interbank rates,” one dealer said.

The Central bank conducted a Primary Market Auction on Wednesday in which N26.1 billion, N11.0 billion and N80.0 billion of the 91-day, 182-day and 364-day instruments were offered at respective stop rates of 13.4 per cent, 17.1 per cent and 18.7 per cent.

B3 Money Market

Cybercrime gulps N2.19bn from banking system

… as e-payment transactions record N64tr in one year

Stories by Motolani Oseni Stories by Motolani Oseni Despite Nigeria’s electronic Fraud Forum’s (NeFF) promise to look critically at measures that will protect the industry as a whole from the menace of cyber-attacks in 2016, no less than a whopping N2.19 billion was lost to fraudsters, who infiltrated the cyberspace during the period under review.

The introduction of the cashless policy was part of measures to check graft in the system as well as to reduce the cost of cash management by the Central Bank of Nigeria (CBN), which has helped to record an improved e-transactions through the Nigeria Central Switch (NCS), to the tune of N64 trillion in 2016.

Just recently, the NeFF met to review the 2015 Cybercrime Act.

The central bank, the banker of last resort, had charged stakeholders to come up with workable policies to enhance the efficiency of electronic transactions, with a view to reducing fraud.

NeFF was instituted to check the rising incidence of e-fraud on account of the adoption of e-payment channels in the financial sector, in line with global trends in e-payment development with the view to ensuring customer satisfaction.

However, the reality is that although there is the Cybercrime Act 2015, in Nigeria to protect users of e-payment models, but most of the fraudsters caught during the period could not be effectively prosecuted. This is because the Act as presently constituted, is according to stakeholders and experts “nebulous and redundant.”

All these revelations were made in Abuja on Wednesday, at the inaugural stakeholders’ workshop on cybercrime organised by NeFF with the theme: “Tackling Challenges under the Cybercrime Act.” The Deputy Governor, Operations, CBN, Adebayo Adelabu, also the Chairman of NeFF, regretted that as the Forum was upgrading the system to make it simpler and safer for users; the fraudsters too were innovating and attacking users. This led to the losses recorded, thus making a review of the Act, to protect the electronic payment system.

According to him, “The value of fraud reported in 2016 compared to previous years, attests to the fact that fraudsters do not grow weary. The more products and services that are rolled out without proper risk and impact analysis, the easier for the bad

guys to perpetrate more fraud effortlessly. The determination and commitment of these unscrupulous elements cannot be underrated within the financial sector.

The financial industry needs to ensure that more regulations and inter- industry collaboration are put in place to curb this trend.

“The industry recorded about 82 per cent increase in the reported case when compared to 2015, and over 1200 per cent when compared to 2014. Despite the 82 per cent increase, in the reported fraud cases, with an estimated N2.19 billion loss to fraud, the industry was able to reduce fraud by 2.7 when compared to the 2015 figure. Comparing the attempted fraud against the actual loss, the industry was able to salvage 49.7 per cent of the total amount attempted by these fraudsters within the year.

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Central Bank of Nigeria’s building, Abuja

Nigeria’s total debt rises by N2trn in three months –DMO Nigeria’s total debt rose

by N1.79 trillion in just three months, while comparing the latest level of N19.15 trillion ($62.91 billion) as of March 2017, from N17.36 trillion at the end of last year, latest data from the Debt Management Office (DMO) has showed.

Africa’s biggest economy, which slipped into recession last year for the first time in 25 years, raised $1 billion in February and $500 million in March from Eurobond sales.

The government intends to use the money raised to plug its budget deficit and fund infrastructure development. The record 7.44 trillion naira 2017

Ajibola

budget was passed by lawmakers last month but is yet to be signed into law by the presidency.

The government planned to spend 6.1 trillion naira last year as part of its bid to increase capital expenditure, but struggled to fund its budget. The 2017 plan projects a deficit of 2.21 trillion naira, implying a deficit equivalent to 2.18 percent of Nigerian GDP. The external component of Nigeria’s debt stood at $13.80 billion at the end of the first quarter, against $11.40 billion at the end of December, the debt office said on its website.

Local debt fell to 11.97 tril-

lion naira, against 13.88 trillion naira last year.

Meanwhile, the Federal Government on Monday offered for subscription two-year savings bond at 13.18 per cent and threeyear savings bond at 14.18 per cent, the Debt Management Office (DMO) has said.

According to the offer circular obtained from the DMO website, the two-year bond will be due in June 2019, while the three-year bond will be due in June 2020.

It, however, did not state how much was offered, but added that the maximum subscription was N50 million at N1,000 per unit, subject to minimum sub-

scription of N5,000 and in multiples of N1,000.

According to DMO, the bond is fully backed by the full faith and credit of the Federal Government, with quarterly coupon payments to bondholders.

The savings bond issuance is expected to help finance the nation’s budget deficit.

It is to also part of the Federal Government’s programme targeted at the lower income earners to encourage savings and also earn more income (interest), compared to what was accrued on their bank savings.

The circular also said that the offer would close on Friday.

Capital Market B4 Stories by Bonny Amadi More hardships await stockbrokers and other capital market operators, as the Securities and Exchange Commission (SEC), is poised to revoke the licenses of 400 operators.

This was coming as the stockbroking community has been besieged with numerous problems, emanating from market depression, recapitalization of dealing members by the SEC; and the minimum operating standard by the Nigeria Stock Exchange, NSE. The capital market apex regulator, said on Monday, that it was committed to revoking the registration of about 400 Capital Market Experts or Professionals, who do not comply with the directive to provide updated information of their companies/firms by July 31, 2017.

Daily Times Nigeria Tuesday, June 6, 2017

SEC set to revoke 400 operators’ licenses “All concerned Capital Market Experts or Professionals are required to comply with this directive on or before July 31, 2017, as any firm whose response is not received within this time frame would be considered inactive; and the SEC would exercise its power to revoke its registration,” SEC said in a statement.

SEC said in a recent circular to the operators that, any firm whose response is not received within this time frame would be considered inactive and the market apex capital market regulator would exercise its power to revoke its registration.

SEC said that the ongoing information update, is pursuant to the powers

conferred on it by the Investments and Securities Act (ISA) 2007, which directs all Capital Market Experts or Professionals to provide updated information of their companies/firms in December 2016 and February 2017.

However, it was observed that a large number of Capital Market Experts or Professionals comprising Reporting Accountants, Solicitors, and Estate Surveyors/ Values etc. did not respond to the request.

The concerned firms are by the circular required to indicate their interest in retaining their registration with SEC, as Capital Market Experts or Professionals by providing updated information on their firms

using the link provided.

They are also reminded that the minimum number of Sponsored Individuals required for their registered function is three (3), including a Compliance Officer.

The apex capital market regulator said that it was in recognition that a larger number of Capital Market Experts or Professionals have offices in Lagos, that the Commission in January 2017 relocated its Registration and Inspectorate Divisions to Lagos.

The commission, however, urged concerned Capital Market Experts or Professionals to visit any of the Commission’s Offices in Abuja, Lagos, Port Harcourt and Kano for further clarification.

L – R: Oscar Onyema, Chief Executive Officer, NSE presenting a gong to Mr Olumide Akpata, Chairman, Nigerian Bar Association Section on Business Law at the Closing Gong Ceremony at the Exchange on Monday.

Conoil punishes investors, withholds timely information Conoil Nigeria Plc, for the past years, has sustained the tradition of denying investors and shareholders of accurate and timely information on developments in the company.

The company, Daily Times findings reveal, has perfected the act over the year through withholding of audited annual results and periodic results.

While the company has never thought it fit to present its results on time for investors to take timely investment decisions, the company has also distanced self from having rapport with capital market stakeholders through presentation of facts behind the figures at the Nigerian Stock

Exchange.

As in the successive years, under schedule 2 of the Nigerian Stock Exchange (NSE) x-Compliance report, the company has been tagged with Minimum Regulatory filling (MFR), for, non-rendition of Audited Financial Statements 2016, for the period ended 31 December.

Also, under schedule three of the NSE-X-compliance report, the company has also been tagged MRF by the NSE, for non-rendition of First Quarter Interim account for the period ended 30th March 2017.

The NSE had earlier April, said that it might suspend trading in the securities of Conoil and other 10

companies if they fail to file their audited financial statements (AFS) for the year ended December 31, 2016, within 90 days.

According to the NSE, the companies have missed the deadline to file their AFS for 2016, that was due on Friday, 31 March, 2017.

“As the companies failed to file their AFS by the due date, the companies have violated Rule 1.1.4, Rules for Filing of Accounts and Treatment of Default Filing, Rulebook of The Exchange (Issuers’ Rules) , which requires listed companies to file their AFS “with the exchange not later than 90 calendar days after the relevant year end.

Market Cap adds N417 billion on sustained gains …crosses N11 trn threshold Afolabi Adesola Equities trading on the floor of the Nigerian Stock Exchange (NSE, maintained an upward trend with an additional boost of N417 billion to the market capitalization on sustained gains across all listed sectors.

The sectoral gainers were led by the Premium Index that added 7.72 per cent, followed by the Industrial Index that added 6.49 per cent. The Oil and Gas Index strengthened by renewed investors’ interest on account of the Trans-Forcados Terminal re-opened last week, after being shut since Nov. 2016, as well as, an extended oil cut granted by the Organisation of Petroleum Exporting Countries, OPEC, also led to oil stocks recording an increase of 3.28 per cent.

Consequently, the market capitalization crossed the N11 trillion mark to settle at N11.262 trillion after Monday’s 3.85 per cent appreciation.

Lead market indicator- the All-Share Indexalso increased 3.85 per cent or 2,264.24 points; and closed the day at 32,578.38 basis points.

The day’s transactions carried out in 7,024 deals showed that, in contrast to the day’s growth, total volume traded decreased from 708.4 million shares recorded in the previous trading session to 640.4 million shares. The value of shares traded also reduced to N7.7 billion

from N8.3 billion recorded previously.

Market breadth, however, remained positive, with 44 gainers versus 13 losers.

Mobil led the gainers with a 10.25 per cent increase in share price that closed at N319.72. It was followed by Conoil that grew 10.23 per cent to close at N41.17 per share and Flour Mills added 10.19 per cent to close at N25.51 per share.

FBN Holdings and Custodyins likewise, appreciated 10.12 per cent and 9.72 per cent each to close at N7.07 and N3.95 per share.

On the other hand, Union Dicon topped the losers chart with a loss of 4.95 per cent to close at N13.45 per share. CI Leasing fell 4.55 per cent to close at 63 kobo and Jaiz Bank dropped 4.40 per cent to close at 87 kobo.

Cutix and Nigerian Breweries came fourth and fifth on the losers chart, shedding 4.27 and 2.84 per cent each to close at N2.02 and N155.50 per share each.

FBN Holdings topped trading, by volume, with 90.6 million shares valued at N639.2 million, followed by FCMB with 84.6 million shares worth N109.5 million, while Fidelity Bank traded 69.5 million shares valued at N89.4 million.

Zenith Bank also traded 54.8 million shares worth N1.1 billion, and Skye Bank traded 49.1 million shares valued at N25.1 million.

Summary of trading activities on NSE ASI DEALS

32,578.38 7,024.00

VOLUME

640,439,207.00

VALUE

7,675,245,294.72

CAP

11,262,526,136,498.84

B5

29,000

NSE All Share Index

Daily Times Nigeria Tuesday, June 6, 2017

Naira Value (m)

28,000

100,000

80,000

27,000 60,000 26,000 40,000 25,000 20,000 24,000 -

23,000

`

28-Mar 31-Mar 03-Apr 06-Apr 09-Apr 12-Apr 15-Apr 18-Apr 21-Apr 24-Apr 27-Apr 30-Apr 03-May 06-May 09-May 12-May 15-May 18-May 21-May 24-May 27-May 30-May 02-Jun 05-Jun

22,000

(20,000)

Labour B6 Stories by Joy Ekeke Worried by the increasing backlog of unpaid workers’ salaries across the country,the Nigeria Labour Congress (NLC), has urged its members to vote out governors and other elected officers who had failed to pay workers’ salaries, as well as, pensions to retirees across the country.

President of the Nigeria Union of Lo¬cal Government Employees, Ibrahim Khaleel, who made the call in Abuja, Federal Capital, during a familiarisation visit to union’s headquarters by NLC’s delegates, led by the President of the Nigerian Labour Congress, Comrade Ayuba Wabba,

Daily Times Nigeria Tuesday, June 6, 2017

NLC laments non-payment of workers’ salaries, pensions said it was disheratening for politicians to subject workers in the country to hardships, despite their patriotic contributions to the development of the country.

Wabba expressed displeasure and bitterness at the development, urging all NLC members to ensure they obtain their voter cards towards the next election.

According to him,‘’We must prepare to vote out governors or any politi-

cal officer holder, who is refusing to pay us sal¬ary. We must continue to lament.

We have the power, so we must use it this time.

Workers, pensioners and their households, who are in one way or the other suffering the inhu¬mane treatment of non-payment of workers’ wages, must be voted out of their offices in the next general election.’’

Wabba also called on all members of the labour movement in the country

to unite in fighting the course, saying, “Every member of Labour movement, irrespective of the union you belong to, must understand that it is only in unity that we can achieve our objective.

Therefore, we all must in solidarity, play our part in order to achieve success, so commitment, which will, of course, bring us to working together, is the key.”

He said,‘’ Every leader, no matter the union or association he is in the

labour movement, must consciously see workers’ welfare, the welfare of his/her members as very essential in all we do. It is, therefore, important that anytime we have a need for national action, all affiliates must deem it sac¬rosanct to mobilise their members for such action.’’

Also, Wabba, stressed the importance of local government autonomy, saying, “Local govern¬ment areas are very important to th so-

cial-economic welfare of every citizen in Nigeria, because we all come from one LGA or the other. So, granting autonomy to the LGA sys¬tem in the country, will, in so many ways, make things better for us all. In fact, it will pay the political elites a lot if they strengthen development in LGAs. Both influxes of people from rural areas to the urban cit¬ies and other vices that accompany ruralurban migration, will drasti¬cally reduce.’’

LASG conducts verification for non-pensionable workers

Minister of Labour, Chris Ngige

Wabba

Contributory Pension: Labour condemns exemption of law enforcement agencies The Nigeria Labour Congress (NLC) has condemned the bill exempting military and law enforcement agencies from the National Contributory Pension Scheme.

Comrade Wabba, NLC President, expressed his discontempt during a delegates’ visit to the office of the Nigeria Union of Local Government Employees (NULGE) in continuation of his “Meet the affiliate Tour” led by him.

According to Wabba, “We condemn in very strong terms, the current bill to remove all our mili-

tary and other law enforcement agencies from the contributory pension scheme”.

He added that, “This would lead to the entire collapse of the pension scheme, because, gurrently, even with the core civil service, we have a liability of over N6 billion”.

This was a figure that was harmonised between the Senate, House of Representative, Minister of Finance, organised Labour and then the Minister of Budget and Planning.”

He said, “The liability

as of today of earn allowance of workers and pensioners including deductions, stood at over 600 billion, so, it is wrong if this bill is allowed to pass through.”

Wabba said that if the military and the law enforcement agencies were removed from the contributory pension, it would allow the resources to come from the central coffers.

Comrade Wabba, however, said that people assumed that over 73 per cent of the entire pension funds, which stood at over N6trillion, was already

being borrowed through Federal Government’s Bond and Treasury Bills.

He said that with the new development, if the pending bill was allowed to go through, there would be a major shock to the economy, therefore, the entire pension contributory scheme would surely collapse.

Speaking, Mr. Ibrahim Khaleed, NUGLE’s President said that the union was facing a lot of challenges, which includes the refusal of Akwa Ibom state government to pay check up dues.

Lagos State Government has conducted a verification exercise of non-pensionable staff in all the 20 Local Government Councils and 37 Local Council Development Areas across the state.

The exercise, which was carried out by the Lagos State Ministry of Establishment, Training and Pensions, in conjunction with the Office of the Head of Service and Office of the Auditor-General, on the directive of the State Governor, Akinwunmi Ambode.

The Commissioner, Ministry of Establishments, Training and Pensions, Dr. Akintola Benson made this known while speaking with journalists in Lagos, said that the recommendations of the Committee have been approved for implementation

Ambode

by the Governor.

He said the department has also partnered with the Office of Transformation, Creativity and Innovation, to carry out an exercise on workforce planning and streamlining of contract appointment at the Lagos State Water Corporation.

“In line with extant provisions, approvals for payment of severance allowance in respect of political office holders who had completed their tenure in office were obtained from the Governor”.

He added that the department has compiled and submitted the changes witnessed on establishments matters within the last 50 years in Lagos State.

“The approved year 2016 personnel budget signed by the Governor are personnel cost which include basic salary and allowance of N 72.55 billion, personnel cost (consolidated) at N1.9 billion and other personnel cost of N1 million,” he said.

Speaking on the Civil Service Pensions Office (CSPO), he said the department has been processing terminal benefits of staff who exit the system by way of statutory or voluntary retirement like those who disengage on the “Pay As You Go” Scheme.

Energy

B7

Stories by OpeOluwani Akintayo The world is quickly changing from manual ways to technologies in getting some jobs done.

And when it comes to the new age oil and gas industry, the use of digital technologies cannot be shoved aside.

Digital technologies are recognised as adding value to upstream oil and gas companies by helping them reduce costs, make faster and better decisions, and increase workers’ productivity, according to a March Accenture survey.

The digital investment today, is focused on mobility and the Internet of Things (IoT), with analytics and IoT predicted to lead the way over the next threefive years.

To begin with, oil and gas companies are increasingly leveraging cloud technologies to more rapidly unlock the value of other digital technologies, especially analytics, IoT and mobility.

The fastest areas of interest were predicted to be in Artificial Intelligence, robotics, drones and wearable, the report said.

The Accenture survey analysed views and over half 53 per cent of the respondents believed digital technologies have added high (36%) to significant (17%) value, while 72% of the respondents believe cost reduction is an important (27%) or the most important (45%) challenge digital can help address.

Despite the low oil price environment, the report said, majority of oil and gas companies will continue to invest at least the same amount or more in digital technologies over the next threefive years.

However, to realize the maximum benefits of digital, companies will need to rapidly improve their capabilities, including maturity in analytics, the report added.

International Energy Agency, IEA’s Head, Oil Industry & Markets Division, Neil Atkinson, said that new technologies and processes have helped improved oil and gas extractions through laser-like focus on procedure and cost.

Daily Times Nigeria Tuesday, June 6, 2017

How energy industry can profit from digital technologies According to him, the drop in crudeoil prices, have slammed the brakes on the US light tight oil (LTO), with production slipping below the year-earlier level for the first time this past December.

This freezes five years of development, with the average 4.3 mb/d output of last year roughly ten times that of 2010. That unprecedented surge required enormous effort, including the drilling of more than 55 000 new wells, with more than 1500 drilling rigs running concurrently at the peak, compared with an average of 103 in Saudi Arabia.

By early this year, the number of US drilling rigs was down to just 440, but oil production has not fallen nearly as quickly as the rig count would suggest. Instead, the LTO industry drew on its experience during the rush to improve well performance, with initial production rates up to 23% higher than in 2015.

Best practices, more efficient rigs and a severe squeeze on service and material spending, have continued to reduce well costs, with companies reporting savings of 25% to 30%. While a 50% reduction in LTO oil well completions this year from last is expected, the flexibility and cost-consciousness of operators leaves the industry ready to shift back into high gear relatively soon when higher prices allow.

According to him, only fundamental changes in technology can lower unit costs

for good. Despite continued technological improvements, the World Energy Outlook’s New Policies Scenario sees production costs rising in real terms to 2040, as oil producers develop ever more technically challenging (and generally smaller) reservoirs. But, when prices do recover, producers might see a more certain return on investment, and sooner, if they focus on additional recovery from existing fields or smallerscale modular development of new discoveries, rather than pursuing vast, expensive megaprojects.

The use of the cloud, has shifted from being used primarily for infrastructure to an enabler of mobile tools. This trend is expected to increase in the next three to five years, as companies keep using the cloud to get faster and more value from other digital technologies.

From the analysis, while two thirds (66 per cent) identified analytics as one of the most important capabilities for transforming their company, only 13 per cent felt their firm’s analytical capabilities were mature. Almost two-thirds (65 percent) plan to implement more analytic capabilities in the next three years to help address this need.

Wireless communications, which are already used by most companies, are enabling a better connected workforce, while

increasing the security of isolated workers through locationenabled mobile devices. The potential benefits and efficiencies of managing connectivity and communications even in the most remote and hostile environments, creates a clear business case for digital oilfield adoption.

Organisations that have already transitioned are experiencing good cost reductions, better process management and faster information flow.

The measure of digital oilfield success Vodafone says of the 66 per cent of industry leaders that have already operated some kind of trial or pilot scheme involving digital oilfield solutions, success has been closely aligned with effective strategic planning, smooth integration into existing systems and processes; and support from high-level leadership. Sufficient evidence of success is also the reason a quarter (25 per cent) of individual leaders will be committing substantial investment of more than $30m into digital oilfields over the next 12 months, with more than half (52 per cent) forecasting spends in excess of $10m.

For these organisations, physical and virtual security is the most important area for digital oilfield investment, followed by data collection and sharing, maintenance and control processes, data modelling

Electricity challenge and consumers This is how to make a complaint The power sector in Nigeria has come a long way, accompanied with its many irregularities. This has made electricity consumers get bogged down on how to report incidents and make complaints to

the Nigerian Electricity Regulatory Commission, NERC, on issues with the Distribution Companies, Discos. However, many do not know how to go about it and get their challenges resolved.

Just in case you have been through the Discos, but have not been able to

get your challenges resolved then, it is time to report to the regulatory body, NERC. But how? Read below: STEP 1: Discos’ customers’ unit, (CCU) When an electricity customer wants to make a complaint, the first port

of call is the Customer Complaints Unit (CCU) of the distribution company responsible for supplying electricity to the area. All you have to do is get the contact of the Disco in charge of your district and lodge complaints.

STEP 2- NERC consumer forum

and software solutions, and knowledge sharing.

Rising to the challenge Most oil and gas multinationals have a reasonable understanding of the significance and potential benefits of the digital oilfield and value technology highly, a significant proportion – largely those yet to trial the technology – still remain uncertain over the practical benefits.

While some recognise the opportunity to harness better business agility by working in a more streamlined, better connected and data-centric way, for others uncertainty surrounding solution robustness and risk are creating bottlenecks to adoption.

The most significant barrier to digital oilfield adoption cited by firms is the challenge of maintaining data security and regulatory compliance within an open, shared systems model.

Equally high on the agenda is the need to keep teams and lone workers safe. Concerns that, while valid, are not without their solutions. Fully encrypted wireless networks can deliver universal coverage while logically separating data between private access point names (APN) for complete data integrity, while end-to-end remote tracking, monitoring and support can ensure employee are safe, no matter where they are.

Businesses cannot support device flexibility and more flexible working practices without the right mobility strategies in place. While these vary from the traditional corporate provisioned device and service, through to the Bring Your Own Device (BYOD) model, having the right policies and processes in place is critical in managing any business’ mobility environment.

Future-proofing the oil and gas industry Preparing for the changing and uncertain nature of the industry is critical. With most companies already seeing the benefits of digital oilfield pilots, the promise of enhanced performance and

Any customer dissatisfied with the outcome of the handling of his complaint(s) by the CCU or encounters delay/failure in the handling of such complaints can then refer his complaint(s) to the NERC Consumer Forum.

Visit NERC’s website to find out more on how to lo-

cate the NERC’s Consumer Forum’s Offices.

STEP 3 – NERC If either party (Customer or Disco) is dissatisfied with the decision of the NERC Consumer Forum.

A petition may then be submitted to the Commission.

Daily Times Nigeria Tuesday, June 6, 2017

Bonny Amadi Irrespective of recovery of the global market from the financial meltdown, which reigned in 2008-2009, the Nigerian capital market sustained a depressive trend. Confidence was eroded while value of investor’s holdings were battered.

The equity price of First bank of Nigeria, now having become part of a Holding Company (FBN Holdings) embarked on free fall, from a height of N15.50N18.00 in 2009, to abysmal low of N2.90 in as at April, 2017. This was as equity prices of other non-holding company banks, remained upbeat.

However, at the close of trade on Friday, 2nd June, 2018, FBNH shares attained a new high of N6.42, year- on- year, the Holding company’s shares has appreciated by 64,62 per cent.

Due to the new holdco’s arrangement, First bank lost fate of its investors, the Nigerian Pension Commission (PENCOM), stopped investments by Pension Fund Administrators (PFAs), in the company, hinging reversal of the policy on five years moratorium.

This triggered hearsay, which negatively impacted the bank.

The systemic impact did not only affect the other holding companies, other listed banks, but also the Nigerian capital market and new issues. Market confidence declined erratically.

This was at the time when the Central Bank of Nigeria (CBN) embarked on yet another banking sector regulation, which made provisions for banks to either function as a holding company or selloff all it’s none-banking subsidiaries or face purely banking business.

Prior to the 2010 banking sector reform, of which First bank adopted a holding company status, FBN, had remained the leading tier one bank in terms of performance, corporate action, liquidity and other key measuring indices that defines a top performer.

In 2019 for instance, First bank’s increased gross earnings to N218.3 billion, from N155.7 billion in 2008, the heat of global meltdown.

The Group’s capital adequacy ratio (CAR) was then at 24.3%, from 42.3 per cent in 2008, significantly higher than the regulatory requirement of 10%, and then internal target of 16%. The Bank recorded CAR of 29.7 per cent, relative to 48.2 per cent in 2008.

Ejikeme Nonso Alo in his piece, “The Pains and Gains of Governor Sanusi’s Banking Reforms, an unprecedented effect of over-rated professionalism” noted that. “From the fore-go-

B8 Business Feature

How Holdco’s regulatory failure denied FBNH investors’ funds

EMEFIELE ing, Mallam Sanusi’s banking reforms was well appreciated by majority of Nigerians, but from a more critical point of view the aftermath was disastrous and had a reverberating effect on economic development in the country” Following assumption of Holding company status, PenCom, Nigeria’s pension industry regulator, stopped PFAs from buying bank holdcos’ shares or other instruments, which affected three banks – FBNH, FCMB and Stanbic – IBTC. Reliable sources revealed that PenCom took the decision because there was no CBN’s framework for regulating the holdcos; and they were not up to five years old, as stipulated in the Pension Reform Act 2004.

However, this has now been rectified with the release of the official gazette of the Pension Reform Act 2014, which removed the five-year dividend declaration and payment requirement for stocks eligible for PFA funds, even though FBNH has observed the mandatory give years by Pencom.

There is no doubt that the impact of the Pencom regulation on the holding companies, in many ways contributed to the Nigerian capital market depression, post global meltdown, hence the market has assumed a more formidable stand, as the

CBN Governor new Pencom act is being implemented.

Mr. Godwin Anono, coordinator, Standard Shareholders Association of Nigeria, told Daily Times in an interview, that the decline in the fortunes of FBN, may have been strengthened by the apex bank’s regulation, which, however, did not envisage, challenges that cropped up.

Describing the debilitating fate suffered by FBN shares as a result of policy summersault, Anono said that, hence the impact was most on holding company banks’ showed that regulation , if any, negatively impacted the banks, and this also had its systemic impact on the market and other listed companies, hence, the decline in market confidence.

“The market is down because retail investors are not patronizing the market” in Nigeria, policy summersault is the in thing. You can have one policy in the morning and in the evening, another policy, and this has destroyed investments of many companies and investors” Anono said that the policy challenge is currently being played out in the money market where multiplicity or rates is been offered for forex transaction, creating now room for long -term planning and more room for abuses ‘ why should we have

parallel money market rates on forex” Anono queried.

However, Mr. Boniface Okezie, National Coordinator, Progressive Shareholders Association of Nigeria, reacting to the impact of policy challenge on investments and businesses, said that the deficit in policy formulation is currently playing out in Nigeria’s cashless policy.

Inconsistent policy was the cause and now that you have seen that the PENCOM act has been amended to correct the anomaly, the holding companies have stated performing better in the market, this you can see in Fundholding’s, and Stanbic IBTC Holding.

Okezie told Daily Times in an interview that that the new banking licensing policy created challenges for the financial institutions, which impacted negatively on the shareholders earnings and the market as a whole.

‘The CBN has inconsistent policy on regulation of the banks and the economy and will always ask you to comply without objection. For us, they will ask us, the shareholders to go to court because they know that you will spend do much time in the courts. Thank God that the courts are ruling on our favour in all our actions challenging policy of the apex bank on listed banks.”

He added that FBNH’s reinvigorated performance, is also added by the performance of the bank’s new board that continued to address problems created by the policy direction.

According to him,“The bad loans has been provisioned for and cleaned up, the future is very bright as there would not be that level of provisioning again.

And this has returned the bank to its lost glory; the new banking model policy was hurriedly arranged, but now the issue has been resolved and PFAs have started investing in Holding company banks.”

Dr. Oba Otudeko, Chairman FBNH Plc, recently assured shareholders of better performance and returns on their investments in the present year said “we are confident that our group’s sound governance structure, resilient business model and the continued momentum reflected in our strategic business will, guarantee valuable returns in 2017 and beyond.”

The chairman said that though, First bank Limited, the group’s commercial banking subsidiary made the highest contribution of 91.5 per cent during the year, the profit was retained to grow the banks business and to boost its capital adequacy ratio (CAR).

The FBNH’s chairman said that the N7.18 billion dividend, representing 20 kobo per share, was made possible by the contributions of the merchant bank/ investment and insurance subsidiaries, which contributed 6.2 per cent and 2.1 per cent respectively to the Holding company’s earnings in 2016.

Mr. UK Eke, Group Managing Director, FBNHoldings, also revealed that the N50 billion profit recorded by the commercial bank’s subsidiary was retained to enhance the future operations of the bank, adding that deploying the funds to pay higher dividend and returning to the market to raise funds, would be counterproductive.

Eke said, “If your non- performing loan ratio is above 10 per cent, then regulation restricts you from paying dividend: adding that, if the N50 billion were deployed to dividend payment, shareholders would have received N1.43 per share.

With the current developments in PFAs, the economy and the 64, 62 per cent so far recorded

by FBNH, experts have said that attaining pre- holding company equity price N18 per share, could be on a short-term basis from its new high.

Life&

TIMES Tuesday, June 6, 2017

I dance because I want to change lives –Kaffy L2

P

Interview L2

Daily Times Nigeria Tuesday, June 6, 2017

With Dance workshop, I’m sure lots of life will change –Kaffy The workshop seeks to address topics that range from attitude of social media amongst others.

is also a platform to empower fellow dancers and performers nationwide.

award stage.

throughout. The workshop is designed for dancers who are

empowerment sector, where we can take kids off the street.

are the areas that we should look into if these things are important.

life.

&

Daily Times Nigeria

Tuesday, June 6, 2017

Because I’m Happy

Eyola L3

1ne Be active. Exercising regularly has many

2wo

3hree

4our

7even 5ive

6ix

8ight

Follow Eyola on Facebook: /Eyola and Twitter: @WorldEyola

Relationship L4

Daily Times Nigeria Tuesday, June 6, 2017

Reignite the lost spark in your relationship Mutiat Alli

before!

other: 1 Make time for each other.

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2 Communicate.

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6. Go clubbing.

3 Pillow talk.

7 Go on a vacation or a short getaway.

10 Bring romance back into your lives.

8. Get intimate.

9 Get naughty.

5. Surprise each other.

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