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Daily Times Nigeria Monday, November 27, 2017
Daily Times Nigeria Monday, November 27, 2017
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Daily Times Nigeria Monday, November 27, 2017
Daily Times Nigeria Monday, November 27, 2017
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Gladiators holding political space for 24 years Beginning from today, the newspaper will publish from its archives, series of untold stories and photographs in the last 24 years that will reveal the mindset of our leaders. Tagged: “The Daily Times Historical Discourse”, the narrative will assist Nigerians in knowing their political history and shape the course of events. We also intend to showcase interviews of those who witnessed of the tempestuous events for positive effect. Series 1 Following the unending transition programme of former Military President, General Ibrahim Babangida, two political parties, the National Republican Convention (NRC) and the Social Democratic Party
(SDP) were decreed as the only avenues for Nigerians to democratically elect their leaders. But the presidential primary of the SDP marked the turning point in Nigeria’s democratic experience. The memorable event also brought four gladiators who have continued to dominate the political space at the detriment of other dynamic leaders. And the nation has been worse for it. The four gladiators- a business mogul, the late Chief MKO Abiola, the former Chief of Staff, Supreme Headquarters, the late General Shehu Musa Yar’Adua, Ambassador Babagana Kingibe and and former Vice President Atiku Abubakar. At the Jos Township
Stadium, during the SDP primaries in 1993, Babagana Kingibe, who came very close to MKO Abiola, had the support of most SDP Governors like John Oyegun (Edo), Bamidele Olumilua (Ekiti), Felix Ibru (Delta) among others and also others like Emeka Ojukwu, Arthur Nzeribe, Olusola Saraki, Ben Obi and Ebenezer Babatope did not like Abiola. They were great supporters of Kingibe and as delegates, they cast their votes for him in the first ballot and were ready to do same in the second ballot. But Abiola got support from Osoba, Kolapo Ishola, Isiaka Adeleke, Lamidi Adedibu, Bola Tinubu, Lateef Jakande, Chuba Okadigbo, Sule Lamido, Balarabe Musa, Abubakar Rimi, Dosu Ladipo, Yohana Ma-
daki, Tony Anenih, Ango Abdullahi, etc. First Ballot... Abiola 3,617 Kingibe 3,255 Atiku 2,066 The three contenders were the leading aspirants and a run off must be conducted among the trio to select the SDP flagbearer. Yoruba Leaders in Jos thought it may be over for MKO since Kingibe and Atiku polled 5,321 to MKO’s 3,617... if Atiku merged with Kingibe, one of them will get the ticket!!! To break any possible alliance between Atiku and Kingibe, some Yoruba Leaders (Dosu Ladipo, Lamidi Adedibu and SM Afolabi) headed straight to Ambassador Kwande’s house where General Yar’Adua was to have a chat him. General Yar’Adua was Ati-
L-R: Former Commissioner of Police, Dr. Chris Atugbokoh; Member St. Martins De Porres Old Girls Association (SMDPOGA), Mrs. Chidiamen Alero; Chairman of the occasion, Mr. Raymond Moemeke and President, SMDPOGA, Mrs. Benedicta Odili, during the investiture of Association Patron in Abuja... at the weekend. Photo: TEMITOPE BALOGUN.
ku’s godfather. On getting to Kwande house, they approached Yar’Adua’s personal assistant, Inua Baba, who told them that General was sleeping and shouldn’t be disturbed. The trio ignored him and went straight to General’s bedroom and banged his door! “Mi ni ni?” Yar’Adua shouted... “Open the door General,” the trio screamed back. He opened the door. The trio begged Yar’Adua to stop Atiku. “Remember how we became Yoruba people enemies when we supported you and jettisoned Falae, help us too to regain our love back from our people. Tell Atiku to step down.” Yar’Adua agreed.....”For you good people, I agree to support MKO. Go and bring him. I can do anything for my friends,” Yar’Adua replied. Immediately, Abiola joined the trio and Atiku also came in to join Yar’Adua. Yar’Adua and Atiku spoke in Hausa at length and in the end, Atiku broke down in tears, wept when his boss asked him to step down. Yar’Adua gave him handkerchief. While he was weeping, Abiola went close to him, hugged him and told him “you will be my deputy..” Atiku then spoke, facing Yar’Adua “Since you’re the one who brought me into politics Sir, I cannot disobey you...” That was the statement that sealed Kingibe’s fate in Jos and by the time Atiku announced his withdrawal for MKO, the SDP ticket went to Bashorun Abiola. After MKO hugged Atiku and told him “You will be
my deputy”, here is the politics that followed… Atiku and co left Ambassador Kwande’s house and headed to the Jos Township Stadium where he mounted the podium and announced his withdrawal from the race leaving only Abiola and Kingibe. Atiku’s withdrawal gave victory to MKO. The normal thing for MKO was to immediately announce his deputy during his acceptance speech, that was the plan. But immediately Abiola was declared winner, before anyone could say Jack Robinson, Kingibe stood up and walked towards MKO “My President, I’m loyal”, he said, before Abiola could recover from the shock of Kingibe unexpected greeting “I’m the best VP that can give you victory” Kingibe continued right inside the stadium. “Please, Please, Ambassador, this is not the right time for this, please”.....Abiola replied Kingibe. But 12 out of 14 SDP Governors also asked Abiola to pick Kingibe or they sabotage his campaign!!! Only Kolapo Ishola and Osoba supported Abiola wholeheartedly. This was why Abiola completely omitted VP issue in his acceptance speech to avoid the wrath of the governors and not to break Atiku’s heart!!!! Shortly after his victory, IBB called MKO and told him to pick Pascal Bafyau if “you want me to handover to you”.....IBB also warned MKO not to pick Atiku at all as he won’t be able to survive certain ethnic collaboration being sponsored by Yar’Adua and symbolised by Atiku.
Buhari approves N164.7m school fees for Chibok girls at AUN ÏÏÏ
President Muhammadu Buhari has approved N164.7million for the payment of second semester school fess of the freed 106 Chibok girls at the American University of Nigeria (AUN), Yola, Adamawa. The Senior Special Assistant on Media and Publicity to the President, Malam Garba Shehu, stated this in a statement made available in Abuja on Sunday. Shehu added that the President had expressed satisfaction over the progress so far made in the rehabilitation of the freed Chibok schoolgirls. The presidential aide also quoted Buhari expressing his feelings while reviewing progress report on the affected girls. He said that the report
was submitted to the President in line with his commitment to personally monitor the rehabilitation and reintegration into society of the freed Chibok girls. Shehu also disclosed that the President also assured that the Federal Government would continue to provide full support for their education. He said, “The President has approved payment of N164,763,759million for the second semester school fees of the 106 Chibok girls at the American University of Nigeria (AUN), Yola. “According to the progress report received by the President, the decision to pursue avenues in addition to military action to free the abducted girls is in the resolve to protect the lives
of all Nigerians. “To end the insurgency in the northeast of the country, and to fulfill one of the campaign promises of the President. “In line with this, the Federal Government entered into negotiations with the Boko Haram terrorist group for the release of the Chibok girls who were kidnapped from their school dormitory on the night of April 14, 2014. “So far, two batches of 21 and 82 girls have been freed as a result of those negotiations. “Three additional girls were rescued by the gallant efforts of our armed forces, bringing the total number of freed Chibok girls so far to 106.’’ Shehu stated that as a result of their experiences while in captivity, the freed
girls were severely traumatised and afflicted by various ailments and injuries. He stated that the girls were taken to secured medical centres for attention. He said, “They also went through debriefing and deradicalisation by security operatives, after which the girls were handed over to the Federal Ministry of Women Affairs and Social Development. “The Federal Ministry of Women Affairs and Social Development was assigned the main role in supervising the rehabilitation and reintegration of the girls back into society. “Long before the girls were released, the Federal Government had established the ‘Chibok Girls Desk’ in the ministry, responsible for acting on matters relat-
ing to the abducted Chibok schoolgirls, and serving as a channel of communication between relevant agencies and the parents and relatives of the abducted girls.’’ He said that the ministry of women affairs, in collaboration with the United Nations Fund for Population Activities (UNFPA), UN Women, and other donour agencies, embarked on programmes earmarked to facilitate the rehabilitation and reintegration of the Chibok girls with a ninemonth time frame. According to Shehu, a hostel in the National Centre for Women Development was converted into a suitable shelter, where the girls were kept for the ninemonth period. He said, “The pro-
gramme, which began in January, ended in September 2017. During the period, the 106 girls were given lessons in English, Mathematics, Biology, Agriculture, and Civic Education. In addition, they were trained on ICT and vocational skills. “Professionals were engaged to provide them with psychosocial therapy and one-on-one counseling to help them overcome post-traumatic stress disorder (PTSD).’’ Shehu revealed that the girls were also provided with religious instruction and comprehensive care by two in-house doctors and two nurses. He said that periodic visits from the girls’ parents to stimulate family support and reunion were sponsored and organised by the ministry.
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Daily Times Nigeria Monday, November 27, 2017
Looters’ Trial: NJC panel receives 2, 306 corruption cases Continued from page 1 and Financial Crimes Commission (EFCC) and Independent Corrupt Practices and Other Related Offences Commission (ICPC) in furtherance of its mandate. The sub-committees are; Practice Directions, Training, Feedback and Engagement and Awareness. The committees were constituted at the meeting of the anti-graft panel under its Chairman, Hon. Justice Su-
leiman Galadima. A statement by the NJC’s Director, Information National Judicial Council (NJC), Mr Soji Oye, said the Committee has divided the country into three zones for ease of monitoring and evaluation of the said cases. The zones are: Zone A, Abuja FCT; Zone B, Northern Zone and Zone C, Southern Zone. The Chief Judges of State Divisions who were yet to submit the list of the
alleged corruption cases to the committee are also reminded to do so without further delay. The panel also directed its Secretary, Gambo Saleh, Esq. who is also the Council’s Secretary, to write to the defaulting CJs. At the last count, Zone A in Abuja has 554 pending alleged cases, Zone B has 347 cases, with Zone C having 1, 405 cases. The Committee, after brainstorming on all the
pending alleged corruption and financial crime cases submitted to it by the Heads of Court that had complied with the directives, also indicated that a new Practice Direction would soon be issued to judges handling the said cases. The Daily Times recalls that the Chief Justice of Nigeria (CJN), Justice Walter Onnoghen, had directed the Heads of Court to designate Courts and Judges that will solely handle the on-go-
ing trials of alleged corruption cases on daily basis; to fast-track all the pending anti-graft cases. The Practice Directions sub-committee has commenced a review of various practice directions by leveraging on both local and foreign comparative jurisdictions to meet global best practice.
APC receives Atiku’s resignation letter ÏÏÏ The Adamawa chapter
L-R: Author, Dr. Gabriel Onyekuru; his Wife, Rosemary; Chairman of the occasion, Prof. Paul Onyenekwe and representative of First Lady of Imo State, Mr. Edward Ihejirika, during the public presentation of book titled: Maeze Returning From America, in Abuja... on Sunday. Photo: TEMITOPE BALOGUN.
According to the committee, it is imperative that other critical stakeholders buy into the mission of the body, directing that regular updates and advocacy postings on sub-committees’ activities must be a permanent feature of the project. No date has been fixed for the planned interface with the anti-corruption bodies.
of All Progressives Congress (APC) has confirmed the receipt of the resignation letter of former Vice President Atiku Abubakar. The State Secretary of APC, Saidu Nera, confirmed the development on Sunday to News Agency of Nigeria in Yola. Nera said he had yet to get the letter, but the party officials of Jada 1 Ward in Jada Local Government Area where Atiku registered had told him that they had received the letter of resignation. Meanwhile, the former vice president, who, on Friday, announced his decision to leave APC, has arrived in Yola where he is now engaged in a series of meetings with Peoples Democratic Party officials at all levels who keep trooping to his house to woo him back into the party. NAN reports that the
former vice president has, so far, met with Adamawa PDP executives at all levels, as well as state chairmen from the six states that constituted North East, including the National Vice chairman North East of the party. Commenting on the meeting between Atiku and the state executives of PDP, the State Secretary of PDP, Abdulllahi Prambe, said the meeting was ‘fruitful.’ He said, “Our meeting with him has been fruitful and from his body language, he will soon return to PDP.” Prambe said that it would be a big boost to the party at the state and national levels when Atiku finally returns. “With Atiku, the party will carry more weight and more people will also troop in,” Prambe said. When contacted on the development, Atiku’s spokesman, Mr. Paul Ibe, declined to comment.
How I rescued TCN from the cabal - MD
Myke Uzendu, Abuja
ÏÏÏ The Managing Direc-
tor of Transmission Company of Nigeria (TCN), Usman Gur Mohammed, has disclosed that before he assumed office, certain vested interests dictate the state of affairs at the TCN. He added that contractors determined the direction of the company, took workers to trade shows abroad and in return were issued blank cheques. Mohammed spoke at the weekend in Abuja during a dinner with journalists covering the power sector. He also disclosed that the situation he met in TCN was worse than what the former management inherited from the Manitoba Hydro International, adding that he came into TCN not on batter between African Development Bank (AfDB) which was his em-
ployer and the Federal government. According to him, the situation in TCN was such that contractors took decisions, awarded contracts to themselves, connived with the MD to get their letters of expression of interest signed so that any amount they claim on any project will be paid fully. He added that contractors took TCN staff to trade shows abroad and were in turn handsomely rewarded with more juicy contracts. He said, “When we came in, we met TCN in a condition worse than what was inherited by Manitoba Hydro. Contrary to the reports, we were getting and I hope that you know it, we did not come as an arrangement between African Development Bank and Government of Nigeria. No. I am a staff of AfDB but I am a Nigerian. Just like any other
Nigerian, that’s how I came in to support the government of Nigeria, like Ngozi came in to support the government of Nigeria. That was how I came in. “When we came in, we met TCN in shambles in terms of leadership. There was absence of leadership. “The most unfortunate part of it is that we discovered that some of the contractors were even paying some of our staff. So their loyalty is to the contractors. “What we have done in the last 10 months is to reposition TCN, and put TCN in a position that we can have staff that are loyal to TCN and then put in the necessary capacity that is needed and also stabilize the growth.” Speaking on the upgrade and transformation that took place in TCN since he assumed office, Mohammed said, “When we came in, TCN has a capacity of
about 6,000MW but we increased the capacity. So TCN now has a capacity of about 7000MW now. “But when we came in even with that capacity that it has, TCN was higher than the distribution companies as distribution companies has a capacity of between 4,500 to 5,000MW as we speak. “So it is easy for someone to think that TCN does not need to expand the grid because our capacity was higher than what the distribution companies can pick. “But there are issues what we call power pyramid which is of international standards. According to the pyramid, if generation is 7,000MW, transmission is supposed to the twice the capacity of that generation. So as we speak, Transmission is supposed to have the capacity of 14,000MW. “In the same pyramid,
distribution is supposed to be twice the capacity of the transmission. So as we speak, distribution is supposed to be 28,000MW. This is how the power pyramid is. “So, in transmission, even though we have capacity higher than the distribution, is it not right for us to think that we are there? No, because our target is to be twice the capacity of the distribution. And that is why we came up with a transmission administration and expansion programme”. The development, he said, did not create a platform for a effective transmission of power from the generating companies to distribution companies. He equally stated that Manitoba never audited the account of TCN but informed that the first set of audit report, handled by PriceWater Coopers House (PwC) is ready and has
been submitted to the appropriate authority. He said, “All through the four years of Manitoba Hydro contract, and the regime that succeeded them, there was no single audit of TCN. It was when we came in that we mobilized and within a month and half, we submitted the audit report of TCN from 2012 to 2014 and after another two months, we submitted the 2015 audit report and we are almost ready with the 2016 audit report” He said that he was part of the consultants that prepared the bid for the unbundling of power holding company where TCN was created and eventually handed over to Manitoba Hydro International. He assured that he will do everything possible to reposition TCN and ensure that necessary upgrades are carried out in transmission lines.
Daily Times Nigeria Monday, November 27, 2017
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Oando to appeal court ruling on SEC’s forensic audit
Bonny Amadi
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Indications have emerged that Oando Nigeria Plc will appeal the Lagos High Court ruling last Thursday, which gave the Securities and Exchange Commission (SEC), power to forge ahead to conduct forensic audit on the firm. In the ruling, the court had struck out Oando’s case against SEC Nigeria, which Daily Times gathered, has further strengthened the company’s commitment to appeal the ruling in a higher court, a development of
Ï May opt for As IST hearing which finishing touches may have been perfected on the appeal, by the time of filling this report. Oando approached the Federal High Court to obtain an order to stop the suspension of its shares and an impending forensic audit after SEC, on October 18, directed the Nigerian Stock Exchange (NSE) to place the shares of Oando Plc on full suspension for 48 hours; and on technical suspension from Friday, October 20.
However, a Federal High Court sitting in Lagos, struck out a case filed by Oando PLC against SEC seeking to stop SEC from conducting a forensic audit on the company and also lift a technical suspension placed on its shares. The presiding judge, Justice Mohammed Aikawa, on Thursday, struck out the case on the grounds that the court lacked jurisdiction over the matter; and advised Oando to take its case to the Investment and
Securities Tribunal (IST). The ruling was based on a preliminary objection filed by Counsel to SEC, George Uwechue, SAN. The judge, in his ruling, said, “I hold that the subject matter of this issue falls within the exclusive jurisdiction of the Investment and Securities Tribunal (IST) and not this court. “In addressing this issue, I find the provisions of the Investment and Securities Act 2007 quite instructive. Section 284 of the ISA (2007) says the Tribunal shall, to the exclusion of any other court of law or body in Ni-
L-R: Minister of Youth and Sports Developments, Mr. Solomon Dalung; Minister of Science and Technology, Dr. Ogbonnaya Onu; Permanent Secretary, Ministry of Science and Technology, Dr. Amina Shamaki and Chairman, Ministerial Committee on Dr. Akanu Ibiam’s Super Cup Football Competition, Dr. Manneseh Gwaza, during the presentation of Sports Kits to Onu in Abuja… at the weekend.
Suicide bombings, last act of dying Boko Haram - President ÏÏÏ
President Muhammadu Buhari has assured Nigerians that his administration is taking the necessary measures to end the suicide bombings by Boko Haram terrorists, saying that the attacks are like the last kicks of a dying horse. Speaking at the commissioning of the Pulaaku Radio in Yola, Adamawa State, on Sunday, Buhari said Boko Haram has been massively degraded and its surviving members put on the run. The President was represented at the occasion by the Minister of Information and Culture, Alhaji Lai Mohammed. The President said, ‘’Instead of being hunters, they are now the hunted. In their desperation to stay relevant, they have resorted to the wicked and dastardly act of using innocent under-aged children to carry
out suicide bomb attacks. ‘’But what we are witnessing now are the last kicks of a dying horse. Yes, these kicks may be dangerous, but they don’t last long. Progressively, they become weaker and weaker until the horse finally dies,” Buhari said the war against Boko Haram has moved to the next phase, which is intelligence-driven, with a view to ending the suicide bombings. He said, “That is why I approved the establishment of an intelligence fusion centre in Maiduguri, the Borno State capital, to gather and share intelligence among security agencies in the country. This will go a long way in ending this campaign of suicide bombing.” The President said the new phase would depend largely on information and communication, and therefore rallied the media, espe-
cially radio and television stations, to play their part in enlightening the populace. ‘’We are building on the nationwide campaign we launched last year, with the payoff line: ‘If you see something, say something’. It simply means that we need everyone to be involved in getting the necessary information to tackle the terrorists. They are not ghosts, and some of them live among us. We must all, therefore, support our gallant troops, many of whom have made the supreme sacrifice in this war, by providing information that can help rid our communities of terrorists ‘’It is important for the media - especially radio and television - to continue to play their part in this war, by offering their platforms to communicate useful information to the populace. As part of our sensitization
campaign, which is still running on national radio and television as we speak, we put out those little signs that give up the terrorists, and which the people must watch out for. Help us communicate this information to the people,’’ he added. The President described as most auspicious the timing of the commissioning of the radio station, and implored it as well as other radio stations to donate airtime for the national sensitization campaign.
geria, exercise jurisdiction to hear and determine any question of law or dispute involving- (a) a decision or determination of the Commission in the operation and application of this Act, and in particular, relating to any dispute- (i) between capital market operators; (ii) between capital market operators and their clients; (iii) between an investor and a securities exchange or capital trade point or clearing and settlement agency; (iv) between capital market operators and selfregulatory organisation; (b) the Commission and self-regulatory organization; (c) a capital market operator and the Commission; (d) an investor and the Commission; (e) an issuer of securities and the Commission; and Jurisdiction of the Tribunal, etc. 132 (f) disputes arising from the administration, management and operation of collective investment schemes. “It is not in dispute that the matter before me is a dispute between capital market operators.” According to the judge, “the duty of the court is to apply the law.” “On this premise, I have no option than to uphold the preliminary objection. I also in the same vein uphold the preliminary objection of the 2nd defendant (Nigerian Stock Exchange). This court lacks the jurisdiction to adjudicate the dispute between both parties. “The proper place for this matter to go is IST. I therefore strike out this matter,” the judge ruled. Counsel to SEC, George Uwechue, SAN, reacting to the ruling, the said, “We brought a notice of preliminary objection stating that this court has no jurisdiction to hear capital market matters because there is a special tribunal set up for it. And the court agreed with us. So, the court upheld our preliminary objection and therefore struck out the application.” Oando approached the Federal High Court to obtain an order to stop the suspension of its shares and an impending forensic audit after SEC, on October
18, directed theNSE to place the shares of Oando Plc on full suspension for 48 hours and on technical suspension from Friday, October 20. The suspension, according to SEC, was to enable it conduct a forensic audit into the affairs of Oando Plc, following petitions and protests by some aggrieved shareholders leading to a directive by the House of Representatives’ Committee on Capital Market to issue a directive to the regulator to investigate the grievances. SEC had explained in a statement in October, that it carried out a comprehensive review of the petitions and found a breach of the provisions of the Investments & Securities Act 2007; breach of the SEC’s Code of Corporate Governance for Public Companies; suspected insider dealing; suspected related party transactions not conducted at arm’s length and discrepancies in the shareholding structure of Oando Plc, among others. SEC, in the memo, said these findings were weighty and therefore needed to be further investigated. The apex capital regulator said,“The commission’s primary role as apex regulator of the Nigerian capital market is to regulate the market and protect the investing public. The commission notes that the above findings are weighty; and therefore needs to be further investigated. After due consideration, the commission believes that it is necessary to conduct a forensic audit into the affairs of Oando Plc. This is pursuant to the statutory duties of the Commission as provided in section 13(k), (n), (r) and (aa) of the ISA 2017. “To ensure the independence and transparency of the exercise, the forensic audit shall be conducted by a consortium of experts made up of auditors, lawyers, stockbrokers and registrars.” The company’s shares were also suspended by the Johannesburg Stock Exchange (JSE), in October.
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Daily Times Nigeria Monday, November 27, 2017
Death of 26 girls: NAPTIP boss in Italy, demands full disclosure, prosecution of culprits ÏÏÏ The Director-General
of the National Agency for the Prohibition of Trafficking in Persons (NAPTIP), Dame Julie OkahDonli, has asked the Italian authorities to ensure that those involved in the death of the 26 girls on the Mediterranean Sea are properly identified and prosecuted. The NAPTIP boss also frowned at the haste with which the girls were buried without full disclosure of their proper identities and nationalities. Okay-Donli stated this in a statement made available in Abuja on Sunday by NAPTIP’s Deputy Director/Head, Press and Public Relations, Mr Josiah Emerole. She further expressed sadness that the remains of the girls were buried on Friday November 17, 2017 just a day after Italian Embassy in Nigeria had communicated to her during a meeting with the Ambassador and through an email that the remains would be buried on November 26, 2017. The NAPTIP boss spoke
in Italy at various fora with officials of the Nigerian Embassy in Italy, officials of some sister Agencies and the Nigerian Community in her attempt to unravel the mystery behind the recent deaths of Nigerian migrants at the Mediterranean Sea. She also did not mince words in her presentation at the International Conference on “Women Empowerment and the Fight against Trafficking in Persons – The Partnership between Italy and Nigeria” organised by the President of the Italian Chamber of Deputies, Hon. Laura Boldrini. Other Italian officials that spoke at the conference were: the convener of the conference, Hon. Laura Boldrini, Anna Finochiaro, of the Ministry for Equal opportunities; Tullio Del Sette, General Commander of Italy’s Carabinieri; Franco Gabrielli, Chief of Italian Police; Maria Grazia Giammarinaro, Special UN Rapportuer on Trafficking in Persons; Cesare Sirignano, National Anti –Mafia Assistant Prosecu-
tor; Federico Soda, Directorof the IOM’s Mission in Italy Coordinating office for the Mediterranean; and a Nigerian former victim Isoke Aikpitanyi. The Speaker of the House of Representatives, Rt. Honourable Yakubu Dogara led the Nigerian Delegation to the conference. In her presentation at the conference, the NAPTIP boss, conveyed the anger and sadness of the Nigerian people over the news of the death of the young girls especially with the unavailability of their proper identities and how they died. She said, “We demand that those who are involved in the gruesome death of these girls be properly identified and prosecuted’’. Disclosing that NAPTIP through the courts has convicted 334 traffickers,OkahDonli challenged the Italians and other destination countries to equally show good faith by prosecuting their own nationals engaged in the obnoxious trade, adding, ‘’if there is no buyer the trade will die off ’’.
Daily Times Nigeria Monday, November 27, 2017
9 News
Months after, Aero Contractors failed to pay ex-workers’ severance packages Chukwuemeke Iwelunmo
Ï ƈƏƋƈ Ɔ ƗƆƍƋƆƐƆƗ Ɛ ƐƓ ƈƏƅƏ ƇƐè Ƈ ƅƆ ƇƑ Ɨ ô ƅƏƈ ƈ
ÏÏÏEight
line to revive it. A source close to the airline, however, told our correspondent that the management of the airline has reabsorbed some of its technical staff, following the approval given to it recently by the Nigerian Civil Aviation Authority (NCAA) to carry out C-Check on series of Boeing 737 aircraft. Those reabsorbed were less than five per cent of the sacked workers. One of the affected workers, who didn’t want his name in print decried that contrary to the promise of the management to pay the affected staff their severance packages
months after the management of Aero Contractors sacked about 60 per cent workforce over redundancy claim, the airline is yet to pay the affected workers their severance packages as promised. This, as our correspondent gathered,is compounded by the fact that the fleet of the airline has further depleted to just two aircraft- Dash 800 aircraft. The Asset Management Corporation of Nigeria (AMCON), which took over the running of the airline since2011, it was gathered, was not ready to pump in money to the air-
few months after the redundancy claim, most of them were yet to be paid their entitlements. Another source said that a few of the affected workers were paid just two months salaries of the seven months owed them by the airline before the redundancy claim in March. Over 600 workers were deemed surplus to requirement by the management of Aero in March. The airline before the exercise had more than 1000 employees. Aero contractors had been under the receivership of AMCON since 2011, but its fortune has
not improved ever since, rather, its fleet of aircraft had continued to deplete. Just August last year, the airline suspended operations for almost four months, only to resume skeletal operations in December 2016, but since then, the airline, which hitherto prided itself as a leading carrier in the country, had not made any impact in the local scene while it suspended all its regional operations. The source said: “Most of us that were declared redundant by the Aero management are yet to paid our severance packages months after. AMCON management is not willing to pump money
into the airline and without the injection of funds by AMCON, the current management, can’t get resources to carry out most of the projects they already mapped out. “Abroad, before you shut any organisation, you must have funds to pay the workers their benefits. AMCON and the management took the right decision to allow the airline to continue in operation, but its unfortunate that they don’t want to pay us the severance packages as promised earlier. “All the airline needs is just two additional airplanes, maybe two of its B737 that are going through checks abroad. Currently, Aero has only
two Dash 800 aircraft in its fleet, a far cry from 18 at its pick. Aero had sacked 60 per cent of its workforce in March due to inadequate equipment (aircraft). A statement by the media consultant to the airline then, Mr. Somon Tumba had said that it had over 1,000 workers who most had been redundant in recent time, stressing that business decision made it to take the decisive decision. Effort to reach the Mr. Jude Nwanuzor, the spokesman for the Asset Management Corporation of Nigeria proved abortive, as his phone rang several times, but he did not pick it.
Bolanle Ambode kicks against female discrimination Benjamin Omoike
ÏÏÏWife of the governor
L-R: Deputy Commandant of National Defence College (NDC), Maj.-Gen. Ede Ode; representative of the Minister of Finance, Mohammed Dikwa; Commandant of NDC, Rear Adm. Adeniyi osinowo and Special Adviser to the Minister of Finance, Adeseye Senfuye, after a lecture on ‘assessing Nigeria’s Economic Policies and Reform in the Real and Informal Sector’ delivered by the representative of the minister to course 26 participants of the NDC in Abuja… at the weekend.
Stray bullet kills 5yr old boy in Boko Haram attack ÏÏÏA
5-year old boy was on Saturday, killed in an attack by Boko Haram insurgents at Magumeri town, headquarters of Magumeri Local Government Area of Borno State. Alhaji Wakil Malam-Tawu, the Secretary to the Council, told the News Agency of Nigeria (NAN) on Sunday that the boy was killed by a stray bullet. Malam-Tawu said that two women and a teenager also sustained gun shot injuries in the Saturday night attack.
ÏdƑ ƍƆƅƐƆƗ Ɗ 6 Ə ƌ ƌƆƌƄƆƏ He explained that a clinic, mosque and shops were also razed in the attack, adding that those injured were treated and discharged. “The people have returned to their houses and slept at Magumeri while others came back in the morning. It was only one child of about 5 years old that was killed and three other people wounded by stray bullets. “And also a rocket launcher hit one of our health clinics, including a mosque and
some shops along the main road. “This morning I visited Magumeri; the town is very calm, we paid a sympathy visit to the person who lost his child to condole him. “We also paid a visit to the areas where rocket launchers hit some of our structures.” Malam-Tawu also dismissed as ‘misleading’ reports indicating that the insurgents had taken over the town, noting that normalcy has been restored to the area.
NAN reports that the Nigerian Army had announced that three of its troops were killed and six others wounded while fighting to repel the insurgents’ attack in the town. Col. Timothy Antigha, Deputy Director Army Public Relations, 8 Task Force Division, said in a statement that the insurgents attacked and damaged military formations in the area. Antigha added that the troops had successfully repelled the attack while normalcy has been restored.
of Lagos state, Mrs. Bolanle Ambode, at the weekend called for total eradication of all forms of discrimination and violence against women and girls. She made the call in her office in Alausa, Ikeja, while chatting with journalists on the occasion of this year’s International Day for the Elimination of Violence Against Women. Mrs. Ambode noted that violence against women and girls remained one of the most widespread and devastating human rights violence in the world, adding that achieving gender parity would require more vigorous efforts and legal frameworks, to tackle established anti-female practices spread across socio-cultural and political landscapes. She said, “Everyone has the right to live their life without the threat of violence. This holds for everyone irrespective of age, gender, religion or any other characteristics of human identity. ‘’We must all come together to put an end to these acts by supporting not just by the passing and implementation of laws to protect girls and women from child marriage, female genital mutilation, domestic violence, sexual assault
and harassment but by agitating for it to be properly monitored and evaluated”. Speaking further, she said prevention of violence against women and girls must begin early, stressing that children and young ones must learn the principles of equality, respect and nonviolence for future generations. She urged women and girls not to keep silent in the face of brazen discrimination and abuse but speak up boldly and report such cases to appropriate government agencies, for immediate action. Mrs. Ambode said: “As a united force, we must act now to end violence against women and girls, to change institutions and work together to end discrimination, restore human rights and dignity, and ensure we leave no one behind.” The governor’s wife also urged enlightened women, gender-based NGOs and other female sympathetic groups, to continue to lead the campaign for total emancipation of all women in line with this year’s theme: “Leave no one behind: end violence against all women and girls”. November 25 every year is set aside as International Day for the Elimination of Violence Against Women and Girls across the world.
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Daily Times Nigeria Monday, November 27, 2017
Politics
Daily Times Nigeria Monday, November 27, 2017
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20I9: The unending leadership crisis in Ebonyi APC Charles Onyekwere, Abakaliki With one year to another election, the 2019 general election, there appears no end in sight to the leadership crisis rocking the opposition All Progressives Congress (APC) in Ebonyi State despite all efforts to reconcile the warring factions. This means that the hope of the party, winning the forthcoming election in the state especially the governorship seat may turn out to be a pipe dream as the leadership crisis that engulfed its fold overtime has resurfaced again. The genesis of the internal crisis of the party is traceable to after the 2015 general elections, when aggrieved members who were allegedly not carried along in the disbursement of the party’s largesse during the election decided to call for the removal of the Mr Ben Nwobasi led executive in the state chapter. Since then, peace has not returned to the party even as the National Working Committee of the party from the headquarters earlier this year, were in the state to settle the lingering crisis that has engulfed the state chapter of the party, but to no avail. As the crisis took another dimension, the National Chairman of the party and National Secretary, Chief John Odigie-Oyegun and Hon. Mai Mala Buni were in April this year summoned before Justice A. A Nwaigwe of a High court sitting in Abakaliki. Justice Nwaigwe had asked the two leaders of the party to appear in person to answer questions why they should not be committed to prison for disobeying an order of interlocutory injunction restraining them, their agents and privies from conducting any new congress aimed at electing new executives of the party in Ebonyi State. The Daily Time gathered that the crisis exacerbated when the national chairman was said to have transmitted a letter to the state deputy chairman, Eze Nwachukwu as the state Acting chairman of the party. While Nwachukwu claimed that Nwobasi was suspended, the state chairman of the party on his part insisted that he still remains the authentic chairman of the party, describing his deputy as an “impostor”. Justice Nwaigwe had on November 6, 2014 restrained the respondent from appointing caretaker committee in place of the executives elected during the ward, Local government and state congresses conducted in the state on November 11, 16 and 29 of 2014, respectively pending the determination of the substantive suit. The counsel to the applicants, Godwin Onwusi noted that the APC National chairman and National Secretary had earlier
ODIGIE-OYEGUN
been served Form 48 which is the notice of consequence of disobedience to court order that may commit the duo to prison if found guilty. While briefing journalists in Abakaliki, Onwusi said that he applied to the Court for Order of committal to prison, (Form 49), for the respondents to appear before the court and explain why they should not be committed to prison for contempt. In the Form 49, he said “Take Notice that pursuant to section 72; Order 1X, Rule 13(1) and (2) of the Sheriffs and Civil Processes ACT, CAP S6 LFN updated to 2010 and Order 42 Rule 9 (3)(C) of the Rules of this Honourable Court, the Counsel, on behalf of the applicants, will on the 4th day of May 2017 at the hour of 9 O’clock in the forenoon or soon thereafter, as the business of the court will permit, apply to this Court for an Order of committal to prison of the 1st Respondent/ Contemnor and the party sought to be committed as agent/privy of the 2nd respondent/Contemnor for having disobeyed the order of this court made on the 6th day of November, 2014”. “That while the substantive suit was and is still pending in Court, the party sought to be committed as agents/privy signed and issued a letter dated
ONU
23rd February, 2017 to one Pastor Nwachukwu Eze appointing him the Acting Chairman of the APC, Ebonyi State, notwithstanding that the order restrained both the respondents and their agents/ privies from doing so, Onwusi maintained. Following the escalating crisis within the party, attempts by the party to hold delegates congresses across the 13 local government areas of the state in preparation for its upcoming national convention, has not been successful. Instead, of the 39 delegates expected from the state, the party ended up electing a total of 78 delegates in a parallel but peaceful Congresses across the 13 council areas of the state. The hopes and aspirations of many lovers of multi-party democracy in the state who have been lamenting the absence of credible opposition to the ruling PDP in the state were again dashed as the APC gave another clear indication that they were not ready to form a formidable front against the ruling PDP in the state. The crisis in the party is protracted, being as old as the party itself, many Ebonyians and political watchers in the state had expected the party leaders in the state to sheath their swords and come together in order to avoid a repeat of what happened to
Although some of the leaders of the party in the state have always insisted that the crisis in the party had ended and that the party was one and ready to chase the ruling PDP out of Ebonyi Government House come 2019, but the Saturday parallel congresses held in the state has put a lie to all the claims of peace and unity of purpose variously made by some top leaders of the party in the recent past.
them in 2015 during the coming elections in 2019. Although some of the leaders of the party in the state have always insisted that the crisis in the party had ended and that the party was one and ready to chase the ruling PDP out of Ebonyi Government House come 2019, but the Saturday parallel congresses held in the state has put a lie to all the claims of peace and unity of purpose variously made by some top leaders of the party in the recent past. The Daily Times investigations revealed that while a faction led by Mr Ben Nwobasi, loyal to the 2015 APC guber flag bearer in the state and former Senate Committee chairman on Works, Senator Julius Ali Ucha, held its congress across the 13 council areas, Mr Eze Nwachukwu-led faction, loyal to the Minister of Science and Technology, Dr.Ogbonnaya Onu, held their own at Nkwegu Ugbala Grand Arena; a popular events centre owned by the 2015 governorship candidate of the Labour Party in the state, Sir. Edward Nkwegu, who has defected to the party. Our correspondent gathered that a total of thirty-nine delegates were expected to emerge from the state for the forthcoming nonelective national convention of the party scheduled to hold in Abuja with each council area expected to produce three delegates, but the state chapter of the party ended up electing a total of 78 delegates. It is not immediately clear which of the delegates from the factions would be accepted by the National Working Committee of the party for the convention, but one of the factional Chairmen of the party, Ben. Nwobasi, told
newsmen in Abakaliki that he wrote to the Independent National Electoral Commission (INEC), the Ebonyi State Police Command and the Department of State Services (DSS ) to monitor the election and ensure it was conducted in line with relevant laws. Nwobasi who made the statement while addressing journalists and party members at the party office along Old Abakaliki-Enugu road during the distribution of materials, urged his party members to disregard any other congress holding anywhere within the state, adding that any congress not supervised by him in the state was illegal and unacceptable in law. The other faction led by Pastor Eze Nwachukwu which is believed to be enjoying the backing of the party’s national leader and Minister of Science and Technology, Dr.Ogbonnaya Onu, said that they centralized their venue at the Nkwoagu Ugbala so that all the voters across the council areas would come and cast their votes without molestations. Nwachukwu described Nwobasi’s congress as PDP congress and enjoined his members not to panic, maintaining that their faction was the authentic APC in the state. The two warring factions of the party, last Monday met with President Muhammadu Buhari in a closed-door meeting, the embattled state Chairman, Ben Nwobasi, insisted against the claims of the factional Chairman, Eze Nwachukwu, that the crisis has not been resolved. The meeting which was held at Presidential lodge in the state Government House, Abakaliki, was attended by the two factional chairmen and other leaders of both camps. The Daily Times learnt that since the party concluded its state congresses in 2014, the state Chairman, Nwobasi, and his erstwhile deputy, Nwachukwu, has been locked in a running leadership battle of the party in the state. Nwachukwu had claimed that the crisis has been resolved, but Nwobasi disputes that, claiming there was still a subsisting court injunction restraining the party from tampering with his election as the state chairman. A source in the meeting said that the President charged all members of the party to come and work together so as to win elections in the state in 2019. The source also disclosed that major issues were raised on the alleged clampdown on the members of the party by the state government, including the revocation of Certificate of Occupancy (C of O) of the private school belonging to the former Commissioner for Education, Ndubuisi Agbo. Also discussed was the proposed CONTINUED ON PAGE 12
12 Politics
Daily Times Nigeria Monday, November 27, 2017
2019: APC deceiving gullible Nigerians- Dokpesi Stories by Patrick Okohue
An aspirant for the position of the national chairman of the Peoples Democratic Party [PDP], Chief Raymond Dokpesi has lamented that the ruling All Progressives Congress [APC] “was deceiving gullible Nigerian citizens that its members are saints when majority of them were exPDP members.” He queried, “Does Joining the APC makes one holy? What change have we seen since the taking over of power by the APC for over two years now? Chief Dokpesi who was represented by his campaign Director General [DG] Engineer Mohammed Babangida Kachalla stated this during his visit to PDP executives and delegates in Bauchi. Kachalla said his principal was unable to be in the state because he was summoned by the party headquarters in Abuja for a meeting while he was in Gombe state for the same mission adding that he had to fly abruptly out of the state and directed his campaign
DOKPESI
team to proceed to Bauchi. According to him, Dokpesi unlike other aspirants who only visited one state in each of the geopolitical zones would visit all the 36
states and interact with delegates “because everybody is important”. He further said that his candidate would rely and stand with all embattled chieftains of the
party currently facing ‘political persecution’ or grappling with court cases across the country. Kachalla said Dokpesi who is also the owner of African Independent Television [AIT] and Raypower Radio has promised to give free publicity to the party via the two stations in the 2019 election campaigns if he emerges victorious at the forthcoming national convention of the party. Responding, the state deputy chairman of the party, Alhaji Garba Dahiru who received the aspirant said Dokpesi should feel at home in the North “because his mother was from Adamawa State and he was brought up in the house of the ex PDP national chairman, Alhaji Bamanga Tukur” saying that, that made him a son of the North East as only his father hailed from Edo State. He said the party would sit down before the upcoming December 9th national convention, make consultations and take a unanimous decision on who to choose as its national chairman.
The unending leadership crisis in Ebonyi APC CONTINUED FROM PAGE 11
$130 million loan from the Islamic Bank being sought by the state government, but the President advised them to work together with the state government for the development of the state. Briefing journalists after the closed door meeting, Nwobasi noted that the President advised them to come together and work as a team to win elections in 2019. Nwobasi said: “The President addressed us and advised us as a father to come together and work as a team and so we thanked God for that.” Though, he noted that the factional crisis has not been resolved, the embattled chairman added that he still remains the authentic elected state chairman of the party. Meanwhile, the factional chairman, Eze Nwachukwu insisted that the crisis has been resolved but lamented the alleged pains and afflictions from the state government on the APC family in the state Twenty four hours after the reconciliatory meeting between President Muhammadu Buhari and the warring factions of the Ebonyi State chapter of the party ended in deadlock, the leadership of the All Progressives Youth Vanguard (APYV) in the state blamed the Minister of Science and Technology, Dr. Ogbonnaya
Onu and the APC National Chairman, Chief John OdigieOyegun, for masterminding the leadership crisis in the party. The national leader of the group, Mr. Frank Ngwu, in a statement threatened that the group would protest against Oyegun’s rescheduled visit to the state on Friday, 17th November, 2017 stressing that the party would not honour his visits. He specifically berated Onu for using his closeness with the Presidency and party’s national leadership to foment troubles in the party, while alledging that Oyegun has made himself a willing tool to destabilize the party in the state. The group also passed vote of no confidence on the national chairman, noting that he is incompetent to head the party and further urged him to resign so as to redeem the image of the party. He alleged that Onu teamed up with the defectors from the Labour Party (LP) to hijack the party’s structure from the state Chairman, Ben Nwobasi, by appointing the erstwhile state Deputy Chairman, Eze Nwachukwu, as the acting state chairman of the party against a subsisting court injunction. The group also lamented that Onu has not made any effort to wade into the chairmanship
UCHA
crisis which has further split the party into other factions thereby creating confusion on the genuine leadership of the party. The leader warned that the group would mobilise the teeming members of the party to protest against the visit and further charged security agents to stop the planned visit to
avoid breach of public peace, as they would resist all attempt to cause more crisis in the party which his visit portends. Ngwu said: “We will not allow Oyegun to come to Ebonyi State. The crisis in Ebonyi APC revolves around Onu and Oyegun. The duo is making business with the party in the state. Onu has refused to give
peace a chance. Two of them are bent on removing our elected chairman, Nwobasi. “To tell you that Oyegun is either confused or has commercialised APC in Ebonyi, when some moneybags visited him, he authored a letter on February 23, 2017 appointing Nwachukwu as the state acting chairman. When contempt proceeding was served on him, he quickly authorised another letter on April 25 withdrawing his initial letter. “We cannot allow such character to come and cause mayhem in the state because of his double standard. We want him to resolve the crisis before coming to Ebonyi State otherwise we will resist him from stepping his foot into Ebonyi soil. His leadership incompetence has further exacerbated the crisis in our state chapter of APC and this has endangered the strength of our party in the state.” He therefore noted that the state chapter of APC would not continue to relate with him as its national chairman until he obeys the court injunction which restrained him from tampering with the 2014 state congress which elected Nwobasi and the state working committee of which Nwachukwu was Nwobasi’s Deputy.
Page Thirteen
Daily Times Nigeria Monday, November 27, 2017
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Editorial
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PHOTO TIMES
NSC’s truck transit parks initiative
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nyone who has witnessed the chaos on strategic roads across Nigeria, especially trailer/truck induced gridlocks, accidents, and deaths among others, will welcome any attempt at returning sanity to our highways. This is reason the Truck Transit Parks (TTP) initiative by the Nigerian Shippers’ Council (NSC) should be commended and supported by all and sundry. The initiative, which aims to address the infrastructure deficit in the country, particularly as it affects the transport sector, is to be executed under a Public Private Partnership (PPP). Objectives of the TTP include among others enhancing growth in host states and regional integration between states arising from increased freight movements; employment and wealth creation in catchment areas and improved internally generated revenue for host state governments; reduction of fatigue induced accidents resulting in fatalities, loss and damage to haulage cargos and resultant effect on the economy; and improved transit trade with landlocked neighbouring countries. The parks, at the first instance, are to be located in Lokoja (Kogi State); Obollo-Afor (Enugu); Jebba (Kwara); Ore (Ondo); Ogere (Ogun); Porto Novo Creek (Lagos); Onitsha (Anambra); and Mararaban (Nasarawa) among others. They are to be automated, and will provide parking space for all kinds of vehicles, and serve as a onestop shops equipped with standard hotels, hostels, viewing centres, eatery, mechanical service workshop, shower, recreational facilities, fire service stations, filling stations, clinics, and a host of other amenities. We commend the Executive Secretary of the Nigerian Shippers Council, Hassan Bello, and his management team for coming up with this laudable
Publisher/Editor in Chief
Publishing Executive Enyinne Onwunwanne Leke Adelere Acting General Manager 08037038663 Konie Agu Group Head, Business Development/Folio Foundation 08033150455
L-R: Adamawa State Governor, Alhaji Muhammadu Jibrilla Bindow; representative of President Muhammadu Buhari and Minister of Information and Culture, Alhaji Lai Mohammed; Lamido of Adamawa, Muhammadu Barkindo Aliyu Musdafa; former Vice President, Alhaji Atiku Abubakar and Emir of Kano, Sanusi Lamido Sanusi, during the Commissioning of the Pulaaku Radio Station in Yola, Adamawa, on Sunday.
Sokoto State Governor, Aminu Waziri Tambuwal (middle) receiving NEW TELEGRAPH’s Governor of the Year award from Gombe State Governor, Ibrahim Dankwambo (left), during the newspaper’s awards in Lagos...at the weekend. With them is Kano State counterpart, Abdullahi Ganduje.
L-R: Attorney General of the Federation and Minister of Justice, Abubakar Malami; Chairman, Southern Senators’ Forum, Hope Uzodinnma; Governor of Bayelsa State, Seriake Dickson; President of the Senate, Abubakar Bukola Saraki; Governor of Cross River State, Ben Ayade; Deputy President of the Senate, Ike Ekweremadu and Governor of Jigawa State, Abubakar Badru, during the opening session of a retreat organised by the Southern Senators’ Forum in Calabar, Cross River State… at the weekend.
Words On Marble :
– Fidelis Anosike
Folio Group Group Managing Director Noel Anosike
initiative which when fully on stream will in no small way checkmate the indiscriminate parking of trailers/ trucks on major highways in the country with the attendant ills and call on stakeholders in the nation’s transport sector, including transport associations, financial institutions and the investing public to give the initiative maximum support. The TPP, in our view, assures good returns for investors as revenue streams will come from short stay and overnight parking business, rent from outsourced facilities, transfer storage warehouse among other incidental incomes. Investors should therefore sieze this opportunity to partner the government in addressing the infrastructure deficit in the country via the establishment of the TTP which no doubt will return sanity to our highways among other benefits. As critical stakeholders in the TTP initiative, there is the need for state governments to do all within their powers to ensure that lands are not only provided for construction of the parks but ensure that all encumbrances are put out of the way for willing investors to hit the ground running. It is also important that the state government and local governments put in place measures/regulations that will guarantee adequate patronage of the parks by drivers. Sanctions should be applied to violators of such measures. This is one way to assure investors of government’s seriousness and continuous support. While we call on stakeholders in the transport sector, financial institutions and business men to see the TTP as an investment opportunity and get on-board quickly, the Federal Government should consider giving economic incentives including tax reliefs among others to investors willing to partner with it in the establishment of the Truck Transit Parks across strategic highways in the country.
STATEMENTS BY THOSE WHO MATTER
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Abraham Lincoln
Martin Luther King Jr.
Nnamdi Azikiwe
Nearly all men can stand adversity, but if you want to test a man’s character, give him power.
If you can’t fly then run, if you can’t run then walk, if you can’t walk then crawl, but whatever you do you have to keep moving forward.
There is plenty of room at the top because very few people care to travel beyond the average route. And so most of us seem satisfied to remain within the confines of mediocrity.
14
Opinion
Daily Times Nigeria Monday, November 27, 2017
Kingsley Otuaro still calming militancy waters
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William Bozimo
he Delta State Deputy Governor, a son of the Izon ethnic nationality became the first Izon son to be elected into the high political office of Delta state as the deputy governor. It is not an enviable position to find a minority man placed at the number two man of an oil producing state with all the push and pull of restiveness in the creeks of the Niger DELTA. In his acting capacity as the Governor while Dr. Okowa is enjoying his two weeks annual vacation, the burden of leadership falls squarely on his shoulders. Viewed against the background of the restiveness emanating from his place of birth within the Gbaramantu Kingdom in Warri South West of Delta state, it becomes doubly imperative that he finds himself in the firing lines of both the Federal forces- Navy gunboats and Airforce planes hovering around the Kingdom of Gbaramantu where the Palace of the Royal Majesty resides, it is rather scary for his people, largely, fishermen and women who are routinely driven out of their villages into the Mangrove swamps for fear of bombardments from
Air and SEA. Far beyond the powers of state governors and governments to stop the march of divided militant groups- the old Avengers and the new Avengers who recently threatened to start the bombing of oil facilities because according to them the leaders of PANDEF had not given them sufficient reasons to hold the peace in the Oil Wetland. Caught between alliance to Country and state through his Oath of office during the swearing in ceremony as Deputy Governor, he does not seem to have any hiding place from his disenchanted militant brethren with the county, who feel short changed by the arrogance of Federal Might that drills the God given Oil wealth and carries it to the dry northern axis of the country to develop those distant lands while the areas that produce the Crude is laid waste and abandoned. Nobody in Barrister Kingsley Otuaro’s shoes would envy his predicament . He is always on his knees pleading that they should not allow unredeemed militancy to undermine Governor Okowa’s government where he is a major stakeholder as Deputy Governor. Another scary dimension is the linkage between the former militant leader Chief Tompolo who retired
into his cell and had openly spoken against any attempt to link him with pipeline bombings. A faction of the New Avengers are threatening to have a show down with ‘Tom Polo’ or Government Ekpomupolo who had refrained from being dragged into further militant activities. For our militant Niger Delta Avengers, I think, we should avoid deepening a fresh crisis in the Mangrove swamps because we would be losers at the end of the day. The continuing dialogue with the Federal authorities initiated by the Vice President, Prof Yemi Osibanjo, we should explore more ways of getting enough from the 8.6 trillion 2018 Budget of consolidation flow down to the Mangrove swamps where roads and bridges are calling for help. Even the seemingly discredited members of the PANDEF led by the 90 years old Pa Clark could still be relied upon to broker peace with the Federal government. Out of the 16 Point demands of PANDEL leaders, there is an unresolved issue of pipeline security contracts for the militants who are better placed to supervise the pipeleines without breaking into them. One can vividly recall the Maritime University at Okerenkoko which Bill had been passed into
Law is yet to take off academic studies in the 2017-2018 semester. Such pussy footing by the Federal authorities could be a cause for the serial threats of pipeline bombings by Old and new Avengers in the Creeks. Let the Budget be specific on the above named two items- pipeline monitoring contracts and the Maritime University still being bugged down by administrative and civil service bureaucracy could save the Niger Delta some relative peace. With the price of Crude on the upward rise in the international markets hovering around 60 dollars plus, there is no earthly reason for the Federal government to dilly- dally and give the militants some genuine excuses to strike at pipelines and reduce the rising production level from 1.4 million barrels to below zero as promised by the militants in their ‘No Mercy disruptions.’ To destroy is pretty easy but building up destructions of villages will take donkey years to rebuild. I plead for the militants to show restraint and think of the incalculable damages and disruptions on the pauperised villages in the salt water Wetlands. There is sufficient wisdom in keeping the peace as one of our own is number two man in Delta state. I take God beg Una.
Umahi’s support for Buhari’s reelection in 2019
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Muhammad Ajah
he news that the governor of Ebonyi State, Engr. Dave Umahi has declared support for the reelection of President Muhammadu Buhari in the next presidential polls of Nigeria come 2019 came to me as grandeur per excellence. Worthy to note is the fact that the governor was elected into office under the platform of the Peoples Democratic Party (PDP) which is currently the opposition party in the country. The President is a member of the All Progressives Party (APC) and as millions of voices of Nigerians continue to beseech him, may seek reelection under the party which I personally describe as the “demystified cosmopolitan apparatus” reinvented to change Nigeria. Since 2015 after settling down in office, Gov. Umahi has never hidden his political susceptibility for President Buhari. He once declared that if only one vote will be cast in favour of the President in Ebonyi State in 2019, the one vote will be from him. However, the governor could not have forgotten that people like my humble self voted in the 2015 presidential polls. Verily, my vote was one of the thousands of votes from Eboyians for the President. Furthermore, notwithstanding the true understanding of events, the Igbo people largely could not have resisted to accept the leadership of Buhari except for the opposition to remain live and firm in a democracy. But on a more serious note, this declaration of solidarity shows the level of “the goodwill Umahi has for Buhari”.
And if not for the power-play within and outside the state, maybe the governor would have been proudly carrying the broom around. Time will tell, though. Umahi’s endorsement of the President for 2019 can be based on conviction of his performance, qualification, honesty and statesmanship. It cannot also be unconnected to political realignmenttowards the 2019 general elections which the governor shows keen interest to re-contest. The governor prides, and truly it is creditable, of a lot of projects lined up for commissioning in the state, projects that he has executed within the past two and half years. To mention few are the three twin flyovers built across the African trans-Atlantic road running from Enugu to Cameroon passing through Ebonyi state. There is also the Ebonyi Mall that is modeled after the famous Dubai Mall. Mr. President is expected to commission them. It is in the media that the President is billed to tour the Southeast region. If that is to be carried out personally, it will give the President the opportunity to visit his new political admirer, Umahi. While in the government house, Abakaliki, the duo can talk more on the alliance. Then the President will feel the taste of the salt without which no ditch is complete. I am sure the cultural beauties of the state will be displayed with the “Umu Agbogho Dance” which captivated the great late Zik of Africa into marrying a damsel of Afikpo, Professor (Mrs.) Uche Azikiwe, now lecturing in the Nigeria Uni-
versity, Nsukka (UNN). “Afikpo my Afikpo”, I yearn. This medium is apt to appeal to President Buhari to visit the home of the former governor of the Eastern Region of Nigeria, Ezeogo Isiala 1 of Unwana, Sir Francis Akanu Ibiam, in Unwana of Afikpo North Local Government Area of the state. The Akanu Ibiam Federal Polytechnic Unwana, is a federal institution that requires federal government attention for enhanced schooling facilities. Besides, it is the home of the former renowned peace preacher, Sheikh Ibrahim Okpani Nwagui of Enohia-Itim in Afikpo, a man who prominently contributed in no small way to the ethnocultural and religious beatitude and diversification of the region. Mr. President can visit these two places and see what of federal presence in terms of roads, schools, development of beaches and human capacities can be granted the entire ancient city of Afikpo whose cultural heritage is second to none in the nation. The fantastic “Iyi Eke” fishing festival can be upgraded to a national status like the Argungu festival. Other phenomenal attractions abound in the city that blocked Lt. Col. Buka Suka Dimka, the killer of the former late Head of State, Gen. Murtala Muhammed. Former President, Chief Olusegun Obasanjo visited this great city on 24th December, 2001 or thereabout and luckily, I was at home and observed all the beautiful side attractions and hospitality accorded him. Ebonyi state would have had Afikpo as its capital city. Carved from the Old Imo state to Abia
state, then to Ebonyi state, Afikpo is a very unique city in Nigeria, thanks to its rocky-water-meadow landscape. It is also a home of unique people who understand all the Igbo dialects but whose own dialect is hardly understood by other Igbo linguistic groupings. Many of the Igbo inadvertently or otherwise regard the Afikpo dialect as Cross River’s. Engr. Umahi is the third executive governor of the state having taken power from his boss, Chief Martin Elechi who was bent to frustrate his deputy’s – Umahi’s – political ambition to succeed him. Simply, Umahi defeated incumbency just like President Buhari did at the federal level. Between 1999 and 2007, Senator Sam Egwu governed the state. All did try their best by laying the foundation upon which Umahi is remodeling, expanding and requesting federal backings. Senator Egwu from Ebonyi North governed the state for eight years; Chief Elechi from Ebonyi Central had his eight years too. For equity and fairness, Engr. Umahi from Ebonyi South should be supported to have his eight years, though on merit, as his works are speaking for themselves. Again, with this frank and valiant support of a governor who supports the developmental strides and democratic norms of a leadership of another party, it is clear that love of personality should overpower mere party affiliation for the nation to grow. Muhammad Ajah is an advocate of humanity, peace and good governance in Abuja. E-mail mobahawwah@ yahoo.co.uk
Daily Times Nigeria Monday, November 27, 2017
15 Column
Interest rates, FDI and Indigenous Agro-Enterprises
Guest Columnist AUDU OGBEH
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The costs of production, processing, and export make us uncompetitive outside, in the international markets. If you’re going to set up a food processing outfit, all your machinery must be of food-grade stainless steel. And food-grade stainless steel is always very expensive. You don’t make them here in Nigeria; you import them. You pay the duties. You install them. Then you go for your standby generators and you pay local taxes of all kinds, such as local government tax, corporate tax, and so on. By the time you add these to your production cost; you can’t compete with the man in China or Brazil.
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igeria, like every other developing economy, needs quantum of funds for investment, economic growth and industrial development. The way it is, we welcome foreign direct investment (FDI). Every developing country does that. It is a welcome development for a country that wants to grow and grow speedily. But it has other complexities which are not always visible and noticeable to observers. Of course, when they want to come in, they ask for tax holidays which countries are willing to give. But how about dangers they face in local economy in the long run? Take the problem we face now, that is nearly impossible for any Nigerian investor to have access to substantial credit to make any major investment, say in the agro-industrial sector where we operate now. At interest rates of between 25 and 32 per cent, what – on God’s green earth – can you do? You can’t do much. But these foreigners can borrow at two per cent, bringing a hundred or two hundred million dollars to invest. Of course they will create some jobs but essentially low level jobs – for outgrowers and others. In a sense, they are jobs. But the way we are heading, what it means is that if these interest rates persist for much longer, the only people who will dominate agro-industry, and indeed major industrialisation, in this country are foreigners. Is that necessarily a good thing? It’s good in some ways. But if they take absolute control, then we are in danger. This is the complexity. And I keep complaining, for instance, about the interest rates, although many people don’t seem to agree with me. Where in the world have interest rates remained at over 25 per cent for 30 years and that country still claims the economy is growing? How does it grow? Or how does it develop its industries? Where in the world is the MSME industry flourishing when it is impossible to access credit? So, young people are reluctant. Retiring civil servants
CBN Head office in Abuja who want to create something can’t do anything. Those within the productive bracket who want to create and do things can’t do anything. We are facing a problem, and something has to be done very quickly about the entire interest rate regime. A massive nationwide debate has to take place between the bankers, the CBN, businessmen, manufacturers’ association, agricultural engineers, input producers and suppliers, policy economists and others. Questions on FDIs and interest rates need to be pondered upon. Are we doing the right thing? Or, why is it then necessary to have preferential interest rate for agriculture at nine per cent? We seem to agree that if it hadn’t happened, some of the progress made in the last two years would have been impossible. Even the nine per cent is still too high. The highest in the world today is India, at 3.5 per cent. In the rest of the world, it is two per cent, or 2.5 per cent. So these are very serious problems, although people may skip over them and pretend that all is fine, but all is not really fine. All is not fine; especially as our population is growing and our credit is still a crucial issue. We thank God power seems to be stabilising. That is a very good news for us. But credit is a crucial part of the effort we want to make to stabilise the economy. Leaving everything to only foreign direct investments is also
not safe because they come with certain strings which are not always very easy. They will have to repatriate their profits. The other issue is, if agriculture doesn’t grow as fast as it should and agro-industrial exports and raw materials don’t happen as quickly as they should, when the oil and gas era is gone, what will be our source of foreign exchange? Again, that is something we need to deal with. And it’s all very complicated. The costs of production, processing, and export make us uncompetitive outside, in the international markets. If you’re going to set up a food processing outfit, all your machinery must be of food-grade stainless steel. And food-grade stainless steel is always very expensive. You don’t make them here in Nigeria; you import them. You pay the duties. You install them. Then you go for your standby generators and you pay local taxes of all kinds, such as local government tax, corporate tax, and so on. By the time you add these to your production cost; you can’t compete with the man in China or Brazil. If you go into the world market, you would hear them saying no! We are getting it cheaper from other people. On the other hand, you know what happened in India. If you build a brand new factory, and they commission it for you, the Indian government writes you a cheque of 35 per cent to help you stabilise your business, knowing that they will
recover their money eventually from tax. That is the kind of support they give. We need to have such a scheme here. With the massive population, the jobs have to come in millions. Two hundred jobs here and there are not enough; or, we are locked down. An outrageous exchange rate and an impossible interest rate are major obstacles to economic growth. You can’t borrow. And if you borrow and you need a million dollars, then you have to go and look for N360 million. Within Nigeria, that is a lot of money! Then think of long term tenure loans which are not available. No bank has money to give you for three or four years. They want repayment in maximum of one year as is the case with one of the federal government’s intervention ready facilities. They want their money back in a year, which is our pain. So, it takes more than a year to build a factory in this country except your funds are coming from outside. Then, you ship your goods. You bring them in and you move as fast as you can. Here are the areas the local investors struggle to stay afloat in an economy that renders them less competitive. The policy responses of government have started to addresses these. A case in point is the Ease of Doing Business that is now attracting global attention. Chief Ogbeh is the Minister of Agriculture and Rural Development
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Daily Times Nigeria Monday, November 27, 2017
Daily Times Nigeria Monday, November 27, 2017
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News 18
Daily Times Nigeria Monday, November 27, 2017
NIS moves to reposition for efficient service delivery Bassey Willie, Uyo
ÏÏÏThe
Comptroller General of the Nigerian Immigration Service (NIS), Mr. Muhammad Babandede, has stressed the need for the organization to be repositioned, saying, innovations in the service would enhance efficient service delivery. Babandede said that if NIS was effectively organised, it would be in a strategic position to curb wastages and drive revenue for the socio-economic reengineering of Nigeria. The NIS boss spoke at the weekend, in Uyo, the Akwa Ibom State capital, at the Executive Leadership Summit organised
Synod seeks full implementation of Taraba anti-open
Okerafor Athanatius, Jalingo
ÏÏÏAs
the January 2018 deadline for the commencement of the implementation of the Taraba Anti-Open Grazing and Ranching Establishment law draws near, the synod of the Christian Reform Church, Nigeria (CRC-N) on Sunday called on Governor Darius Ishaku to ensure full implementation of the law. This is contained in a communique issued at the end of the 114th General Church Council which ended in Takum, the headquarters of Takum local government area of the state. Governor Ishaku had in a visit to President Muhammadu Buhari recently asked the President to deploy more security to the state ahead of the commencement of the implementation of the law which is expected to commence on January 24, 2018. According to the communique signed by the CRC-N President, Rev. Dr. Caleb Ahima and Secretary, Rev. Sagarga Nuvalga, the church lamented the senseless killings and destruction of property in the state as a result of herdsmen/ farmers clashes, noting that the implementation of the law will put a stop to the menace. “Synod congratulates the courage of the state government in pushing for the actualization of the anti open grazing law and we call for it’s full implementation. “We will support government’s efforts towards successful implementation of the law because of its enormous importance in ensuring a peaceful Taraba where all will live to pursue their dreams in peace.
for NIS officials, held at the L’ meridian Ibom Hotel and Golf Resort. According Babandede, the workshop became necessary to redirect the psyche and mindsets of the personnel in the service to show more than a passing commitment to efficient service delivery. He said the NIS has to be re-jigged and be well equipped for the big task of monitoring Nigerian borders against infiltration by criminals and foreigners on illegal trips into the country. According to him,“We are desirous of having a well trained, well equipped and well managed NIS”.
L-R: MINISTER OF STATE FOR POWER, WORKS AND HOUSING, MUSTAPHA SHEHURI; TEAM LEADER FOR THE NATIONAL HOUSING PROGRAMME IN ENUGU STATE, ERNESTINA ENEH AND DIRECTOR OF ARCHITECTURAL SERVICES, FEDERAL MINISTRY OF POWER, WORKS AND HOUSING, ARTHUR ABARA, DURING THE INSPECTION TOUR OF THE NATIONAL HOUSING PROJECT IN ENUGU STATE… AT THE WEEKEND.
No amount of intimidation, attack will make us runaway from Enugu, Enugu APC tells PDP Moses Oyediran, Enugu
ÏÏÏThe All Progressives
Congress (APC), Enugu State chapter, has informed the Peoples Democratic Party (PDP) that no amount of political thuggery, harassment, attack, and intimidation will make its members run away from the political environment in the state. The APC also cautioned PDP against engaging in electoral violence ahead of the 2019 general elections. It declared that “Enugu State belongs to all of us, and we are all equal stakeholders.” Chairman of the APC in the State, Dr. Ben Nwoye
stated this on Sunday in Agbani, Nkanu West local government area of the State, during the defection of some chieftains of the PDP and their supporters to the APC. He re-echoed his allegations that the Enugu State Independent Electoral Commission, ENSIEC, connived with the PDP “to steal APC’s electoral mandate during the November 4, local government election in the state.” Among the PDP defectors were a former Commissioner for Justice and Attorney General of the state, Barr. Ifeanyi Nwoga, a one time youth leader, Tony Nwachukwu, and Uche Udoko, among oth-
ers. Nwoye noted that the alleged political atrocities committed by the Chief Mike Ajogwu led-ENSIEC during the November council polls, which led to the abduction and brutalization of his party’s 2015 governorship candidate, Chief Okey Ezea, would continue to hurt the commission’s boss. Receiving the new entrants into its fold, the national chairman of APC, Chief John OdigieOyegun, represented by national Vice chairman of the party in charge of South- East, Chief Emma Eneukwu, applauded the courage of the former PDP stalwarts, saying their decision was a wise
one. Oyegun hailed the state chairman, Nwoye, former secretary to Enugu state government SSG, Chief Onyemuce Nnamani, Nkanu West chairman of the party, Sunday Eze, as well as other chieftains of the APC in the locality for winning souls for the party. He urged them to keep the flag flying, as the APC remained the easiest route to Igbo presidency after president Buhari’s 2nd term in office. In his brief remarks, Nwoga said that he decided to join the party because it was a political platform for the progressives. Promising to assist in
building the party in his local government area, Nkanu West, the ex-commissioner, equally pledged to rent an office space for members in the locality, come January 2018. Other APC stalwarts Present at the ceremony included, former National secretary of the PDP, Chief Rex Onyeabor, South-East publicity secretary of APC, Chief Hycienth Ngwu, ex-secretary to the Enugu State Government , Barrister Nnamani, former Enugu State Commissioner for culture and Tourism, Joe Mmamel, who stood in for the immediate past governor of the state, Barrister Sullvan Chime, among others.
FG to address housing deficit in Nigeria,says minister Charles Onyekwere, Abakaliki
ÏÏÏThe
Minister of State for Power, Works and Housing, Alhaji Mustapha Baba Shehuri has said that the Federal Government will address housing deficit in the country. He stated this at the Government House, Abakaliki, Ebonti State capital,during a courtesy call on the
State Governor Dave Umahi, at the weekend. He commended the governor for making land available for the FG at Ezzamgbo,Ohaukwu Local Government Area of the state; and clearing the site for the National Housing scheme. He said,“I came to inspect the construction of the houses
with the view to conducting on the spot assessment of the progress made so far to ensure the fasttracking and delivery of the project. “I wish to assure you that the Federal Government is assiduously addressing housin “As the federal controller of Housing, I want to inform you sir, that the lands at Amechi in Ezzamgbo
and Centenary City Abakaliki are yet to be released by the state government. I wish to humbly request your excellency to kindly direct that the said lands be released.” Responding,Umahi, who was represented by Secretary to the State Government, Professor Bernard Odo commended FG for the housing policy, which he said, would
reduce high cost of housing in the state. He told the minister that the Ezzamgbo Housing Estate’s work has been moving very slow; and called for its quick completion. “It is regrettable that contractors handling road infrast the estate are yet to mobilize to site thereby constituent impediments to the progress of work in the estate,” he said.
Daily Times Nigeria Monday, November 27, 2017
19 News
Stakeholders seek more govt presence at agric expos ÏÏÏSome exhibitors and
L-R: Representative of Acting Director General, National Agency for Food and Drug Administration and Control (NAFDAC) and Director Special Duties, Dr. Abubakar Jimoh and South East Zonal Coordinator, Pharm. Fori Tatama, during the South East NAFDAC stakeholder consultative meeting in Enugu State… on Sunday.
A’Court Justices ask S’Court to dismiss N8.93 bn theft complaint against them Andrew Orolua, Abuja.
ÏÏÏThree justices of
the Court of Appeal have said that a private complaint charge sheet filed against them by Alhaji Abdulrauf Tijani and a firm, Tundokun Invest Co.Ltd was meant to intimidate, embarrass and frighten them. They therefore asked the Supreme Court to dismiss N8.93bn private complaints charge sheet filed against them by Alhaji Abdulrauf Tijani and a firm, Tundokun Invest Co. Ltd. Alhaji Tijani in the complainants’ charge sheet had prayed the apex court that Justice Jumai Hannatu Sankey, Justice Onyekachi Aja Otis and Justice Joseph E. Ekanem fragrantly disregard both constitutional and statutory laws and engaged on official corruption contrary to section 98 :(1)(b) (1-ii) S.126(1)and 519 of the Criminal Code Act CAP. C 38
of law of the federation in a matter currently before the apex court. In a preliminary objection filed on their behalf by Chukwuma- Machukwu Ume (SAN), pursuant to section 32 of the Supreme Court Act and Section 237 of the Constitution of the Federal Republic of Nigeria,1999 (as amended) they said the purported private complainants’ charge sheet should be dismissed for being incompetent, frivolous and an abuse of court process. According to them, the Complaints’ Charge Sheet is incompetent, ab-initio, having been commenced on grounds unsupportable by any law. Secondly, that the complainants charge sheet lacks Attorney General of the Federation and Minister of justice endorsement of decline of interest to prosecute.
That the private com-
plainant charge sheet lacks the necessary fiat from the Attorney General of the Federation. The three justices purportedly joined accused persons (Jumai Hanatu Sankey,JCA, Onyekachi Aja Otis,JCA, & Joseph E. Ekanem, JCA, are the honourable justices of Court of Appeal and not Justices of Federal Court of Appeal of Nigeria as no such Court exist under the laws of the Federal Republic of Nigeria. They are also contending that the purported Complainants Charge Sheet is incompetent as it failed to state the time and the exact place the offence was committed none did it stated the offence the purported accused persons committed. That the Supreme Court of Nigeria has no original criminal jurisdiction to try the three purported accused persons (Jumai Hanatu Sankey,JCA, Onyekachi
Aja Otis,JCA, & Joseph E. Ekanem, JCA) .That “the purported three accused persons are judicial officers and thus the private Complainants’ Charge Sheet contravenes the provision of Section 292 (1)(b) of the Constitution of the Federal Republic of Nigeria 1999 (as amended) as none of them has neither been reported to,NIR investigated by, nor recommended for trial by the National Judicial Council.” The three justices are also contending that the purported private Complainants’ Charge Sheet not having the support of the State, is statute- barred; and ought to be dismissed, particularly as the facts regarding the private charge emanated from activities carried out in Lagos State where the right of a private prosecutor is limited to charges of perjury, which is not the case in the instant matter.
Lagos to close Oba Akran Avenue in Ikeja for Street carnival
ÏÏÏThe
Lagos State Government on Sunday said plans have been concluded to stage this year’s edition of the Lagos Street Carnival scheduled to hold on December 3 on Oba Akran Avenue in Ikeja. The Special Adviser to Governor Akinwunmi Ambode on Tourism, Arts and Culture, Hon Adebimpe Akinsola, in an interview with journalists, said the venue of the carnival would be shut down but adequate preparations have been made for alternative routes to mitigate the impact of the road closure on motorists and residents.
Dubbed, “Lagos Street Party’’ in its maiden edition last year, the event has grown into a carnival to mark the start of the Ministry’s end of the year activities. It is also designed to celebrate the multicultural nature of Lagosians and reposition the State as a formidable cultural destination. Speaking on security arrangements already put in place, Akinsola said, “To this end, several adjoining roads would be closed on the day of the carnival while alternative routes could be accessed by road users. “We like to assure Lagosians and visitors that
efforts are in place to ensure that the venue and environs are safe and incident-free. “We expect more visitors this year and a lot more will be coming. In terms of security and crowd control, the Ministry of Tourism, Arts and Culture is not working alone. We are working with the police, Lagos State Traffic Management Authority (LASTMA), Federal Road Safety Corps (FRSC), Fire service, LASAMBUS and the Lagos State Waste Management Agency (LAWMA). All of them are onboard and people are not going to see Oba
Akran on Monday in a dirty state,’’ Akinsola said. While giving details about the carnival, Akinsola said: “Last week, we rolled out our end of the year programme. The Lagos street carnival is to herald the yuletide season. When you talk of carnival, it is to showcase all the diversity of cultures in Lagos State. “There is going to be an overflow all through Oba Akran; people dancing, eating, showcasing diverse cultures from different local governments and other estate groups that are resident in Lagos State.
visitors at the recently concluded 2017 Agra Innovate West Africa have urged government to register its presence at such events for proper policy engagements. The participants told the News Agency of Nigeria in separate interviews at the end of 4th annual Agra Innovate West Africa expo and conference in Lagos last week, saying that the two-day event was a good platform to engage with stakeholders. The theme for this year’s expo was: “Optimising the Potentials of Agricultural Value Chains and Infrastructure to Strengthen Food Security, Export Capacity and Cross Border Trade in West Africa.’’ Mr Olumide Ogunedojutimi, an exhibitor and Business Development Manager from Saros Agrosciences, told NAN that the expo was a good ground to get closer to the farmers without going through a third party. “Our company did a survey in 2016 which showed a huge gap at the farm level on how to use our products.” “We had a survey that showed that farmers were having problems using our products at the farm level, and we wanted to solve this problem,” he disclosed. “Formerly, we worked with our trade partners but our participation at this fair has proven to be a good platform. Most of our farmers have been able to ask questions and on-theground answers have been given.” “We also believe government can benefit from the immense traffic this event generates,’’ Ogunedojutimi said, urging the organisers to work on their traffic management and on sequence of their seminars to enable participants get the best of the event.” Mr Humphrey Otalor, another exhibitor and Marketing Communications Manager, Dizengoff Nigeria, observed that the annual event has been consistent in its delivery, quality of visitors and organisation. “We have been attending a lot of expos, including Lagos International Trade Fair, Agric Expo and Agra Innovate. According to Otalor,
“market linkages have been tremendous, quality of enquiries has been impressive and we had the right audience. Government can benefit from participation in this kind of event to get feedback on their policies from the stakeholders. Farmers need to know that what they see on the pages of newspapers concerning government policies will also be implemented consistently.’’ Mr. Busuyi Okeowo, Deputy Team Leader, UK government funded Growth and Empowerment in States (GEMS4), said the expo had been good for knowledge sharing among stakeholders. Okeowo said the turnout was more impressive compared to previous years. “It has been good for us; we have been able to share knowledge and lessons with people and we are sharing with agribusiness operators. We would suggest more policy makers next year so as to address the challenges, especially in financing agriculture.’’ Mr Bolade Agboola, Managing Director, Latitudes Asset Management Ltd, a visitor at the event, said that it was a good ground to meet players in the agricultural value chains. “I have been a visitor at this event consistently and it has been a good arena to interact with farmers, processors and fabricators. The atmosphere is cool and conducive.’’ Another visitor, Mrs Fatoyinbo Francis, the General Secretary, All Farmers Association of Nigeria (AFAN), said the programme was well-coordinated. He commended the impressive turnout of exhibitors and visitors, urging the organisers to keep up the tempo. Earlier, the Programme Director, Mrs. Folusho Olaniyan said that more than 3,900 participants from over 20 countries within sub-Saharan Africa, across Europe, Asia and the United States of America attended the Expo in Lagos, which featured 60 exhibitors and 30 sessions on general, intellectual and technical issues. Olaniyan said that the expo was a credible networking platform for achieving their strategic organisational goals.
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Daily Times Nigeria Monday, November 27, 2017
Daily Times Nigeria Monday, November 27, 2017
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AIMS AND OBJECTIVES 1. TO PROMOTE EDUCATION AND OFFER SCHOLARSHIPS TO STUDENTS 2. TO PROVIDE FREE MEDICAL CARE AND BASIC HEALTHCARE SERVICES TO PEOPLE AND PAY MEDICAL BILLS FOR THE POOR AND THE LESS PRIVILEGED IN THE SOCIETY.
ANY OBJECTION TO THIS REGISTRATION SHOULD BE FORWARDED TO THE REGISTRAR GENERAL CORPORATE AFFAIRS COMMISSION, PLOT 420 TIGRIS CRESCENT, OFF AGUIYI IRONSI STREET, MAITAMA, ABUJA WITHIN 28 DAYS OF THIS PUBLICATION.
ANY OBJECTION TO THIS 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
SIGNED : IKECHUKWU EKENE, ESQ.
SIGNED: BARR. YOMI
BABTEM GLOBAL HEALTH FOUNDATION
GOOD REVAMP CHURCH OF CHRIST
THE SUCCESS CHURCH OF GOD
THE GENERAL PUBLIC IS HEREBY NOTIFIED THAT THE ABOVE NAMED HAS APPLIED TO CORPORATE AFFAIRS COMMISSION FOR REGISTRATION UNDER PART “C” OF THE COMPANIES AND ALLIED MATTERS ACT 1990.
THE GENERAL PUBLIC IS HEREBY NOTIFIED THAT THE ABOVE NAMED HAS APPLIED TO CORPORATE AFFAIRS COMMISSION FOR REGISTRATION UNDER PART “C” OF THE COMPANIES AND ALLIED MATTERS ACT 1990.
THE GENERAL PUBLIC IS HEREBY NOTIFIED THAT THE ABOVE NAMED HAS APPLIED TO CORPORATE AFFAIRS COMMISSION FOR REGISTRATION UNDER PART “C” OF THE COMPANIES AND ALLIED MATTERS ACT 1990.
THE TRUSTEES ARE: 1. DR BABATOLA OLUWOLE - CHAIRMAN 2. DR (MRS) BABATOLA TAIWO -SECRETARY 3. ENGR SODOLAMU KOLAWO
THE TRUSTEES ARE: 1. OLADELE KOLADE 2. OGUNTADE OLORUNFEMI EMMANUEL-SECRETARY 3. OLUWADARE OLAWALE 4. DELE AJAYI SUNDAY AYODELE-CHAIRMAN 5. OLADELE OLUWASOLA LAWRENCE
THE TRUSTEES ARE: 1. ESTHER KOLAWOLE -GENERAL OVERSEER 2. FEMI BAMISAYE -SECRETARY 3. FUMILAYO OLUKOJU 4. PASTOR OLUWASEUN KOLAWOLE 5. FATILE COMFORT AJOKE
AIM AND OBJECTIVE: 1. TO PREACH THE GOSPEL OF JESUS CHRIST
AIM AND OBJECTIVE: TO PREACH THE GOSPEL OF JESUS CHRIST
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.
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: SECRETARY.
SIGNED: SECRETARY.
THE ADDITIONAL AIMS AND OBJECTIVES ARE: 1. TO SEEK FOR EDUCATIONAL DEVELOPMENT OF THE YOUTH, LESS PRIVILEGED. 2. TO ENCOURAGE SKILL ACQUISITION MASS LITERACY AND OTHER ESTABLISH SCHOOLS IN IBADAN AND OTHER PART OF NIGERIA FOR EDUCATIONAL DEVELOPMENT. 3. TO GIVE FINANCIAL AID FOR EDUCATION OF LESS PRIVILEGED. ANY OBJECTION TO THIS CHANGES SHOULD BE FORWARDED TO THE REGISTRAR_ GENERAL, CORPORATE AFFAIRS COMMISSION, PLOT 420, TIGRIS CRESCENT , OFF AGUIYI IRONSI STREET , MAITAMA , ABUJA WITHIN 28DAYS OF THIS PUBLICATION.
AIM AND OBJECTIVE 1. TO PROVIDE SUPPORT FOR HEALTH EDUCATION 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: SECRETARY
22 Public Notice AKANI OBIO DRYFISH DEALERS ASSOCIATION, ORON Association has applied to Corporate Affairs Commission for registration under the Part ‘C’ of the Companies and Allied Matters Act, Decree No. 1 of 1990.
Daily Times Nigeria Monday, November 27, 2017
PRIESTHOOD FAMILY EVANGELICAL OUTREACH This is to inform the general public that the above named has applied to the Corporate Affairs Commission for Registration under part “C” of the Companies and Allied Matters Act, Decree No. 1 of 1990. THE TRUSTEES ARE;
THE TRUSTEES ARE: OKON ETIM
3. MRS. ENO ETEBONG EDEM4. MRS. EKAETTE
CONFIRMATION OF NAME THIS IS TO CONFIRM/ CERTIFY THAT CHIDERA ONYEJIGEME AND CHIDERA
3. Ruth Joseph Obot. 4. Elizabeth Francis Ebong.
FORMER DOCUMENTS
AYENI BUKOLA AFOLAKEMI OLAWUNMI
ADDRESSED AS Alade Bukola Olawunmi, NOW WISH TO BE KNOWN AND Bukola Afolakemi Olawunmi.
AIMS AND OBJECTIVES. AIMS/OBJECTIVES 2. To create a condusive atmosphere in market place.
General, Corporate Affairs Commission, Plot 420 Tigris Crescent, Off
ADEOSUN GBEMISOLA OLUWAKEMI
believer’s priesthood. 2. Train believers to know more priesthood.
General, Corporate Affairs Commission, Plot 420 Tigris Crescent, Off
All former documents remain valid, general public please take note.
Signed: MRS. NKOYO EFFIONG ATINGCHAIRMAN
MRS OLUWATOYIN JULIANA OLABODE
AKINBODE MARY ABIODUN
and addressed as Mrs
wish to be known and addressed as Akinbode
All former documents remain valid, general public please take note.
documents remain valid, General public please take note.
MRS. OLAWEPO NUELLAH IBUKUNOLUWA
ADDITION OF NAME
MOYINOLUWA ADEOLA JEGEDE Irene Jegede, now wish to be known And addressed JEGEDE. Former documents remain valid. General public please take note. IYANTAN TITILAYO ADUKE
OLADAPO PATIENCE GLORIA
Patience Gloria now wish to know as Oladapo Patience Gloria. Former documents remains valid. General public should take note. OLUWALANA MICHEAL OLUWOLE
That I Ohaotu Anastasia
wish to be known and addressed as Mrs. Olawepo Nuellah Ibukunoluwa. All former documents remain valid, general public please take note.
written as Ohaotv Chinwe want to add ‘’ANASTASIA’’ now wish to be known and addressed as Ohaotu Anastasia Chinwe. All Documents /Credentials bearing these names remain valid, general public please take note.
MRS ADEOSUN ADEYINKA ADENOLA
OGBONNAYA CHUKUEMEKA
addressed as Mrs ADEKOYA now wishes to be known and addressed as Mrs ADEOSUN
Chukwuemeka Gilbert now wish to be known as
documents remain valid general public should please take note
All documents remain valid. General public take Note.
UCHEOMA CHIMA EDWARD
CHUKWUMA OGBONNA OKORO
addressed as UGOMA CHIMA EDWARD, now wish to be known and addressed as UCHEOMA CHIMA EDWARD. All former documents remain valid. General public please take note.
addressed as OGBONNA CHUKWUMA JOB, now wish to be known and addressed as CHUKWUMA OGBONNA OKORO. All former documents remain valid. General public please take note.
MRS MERCY OLA IBEH
OLUWASEGUN OLUWAFUNMILAYO ADEWUNMI
addressed as MISS now wish to be known and addressed as MRS
now wish to be known called and
former documents remain valid. General public please take note.
former documents remain valid First bank and general public, Authorities Concerned should please take note
WILLIAMS IJEOMA JENIFFER
MRS UGWU MARY CHIAMAKA
BONIFACE JENIFFER now wish to be known and IJEOMA JENIFFER. All former documents remain valid. Banks and General public should please take note.
MRS OKAFOR CECILIA CYNTHIA addressed as MISS NNAJI to be known and addressed CYNTHIA. All former documents remain valid. Banks and General public should please take note.
SOLOMON CHEYEINIABUOSO SIMEON SIMEONOH, now wish to be known and CHEYEINIABUOSO SIMEON. All former documents remain valid. General public should take note.
addressed as MISS OMEKE MARY CHIAMAKA Now wish to be known and addressed as MRS UGWU MARY CHIAMAKA. All former documents remain General public should please take note. MRS MORAH MARY ONYEBUCHI as MISS NWAKONUCHE MARY ONYEBUCHI now wish to be known and addressed as MRS MORAH MARY ONYEBUCHI. All former documents remain valid banks and general public take note.
ADUKE. Former documents remains valid. General public should take note.
documents remains valid. General public should take note.
AKE SUNDAY AKE
MRS. DIREALA NZECHUKWU
addressed as, SUNDAY AKE JUNIOR, now wish to be known and addressed as, AKE SUNDAY AKE. All former documents remain valid. General public should take note. MRS. CHINELO CALISTA ANIKE
addressed as, MISS. ANAGBOGU, now wish to be known and addressed as, ANIKE. All former documents remain valid. General public should take note.
GABRIEL PATRICIA
addressed as, MISS. now wish to be known and NZECHUKWU. All former documents remain valid. General public should take note. TINA OGECHUKWU HADOMEH
documents remain valid, general public please take note.
Julie Nanadice. All former documents remain valid, general public please take note.
ANYANWU PATRICIA CHIAMAKA
addressed as ABUH
known and addressed
wish to be known and addressed as ABUH
Chiamaka. All former documents remain valid. The general public to please take note. EKERETTE JAMES AUGUSTINE addressed as, EKERETTE EKERETTE AUGUSTINE, now wish to be known and addressed as, EKERETTE JAMES AUGUSTINE. All former documents remain valid. General public should take note. MRS. OHADUGHA UGOCHUKWU PATRICIA
MRS UZEME PRECIOUS ALUTA
one bearing all the names. I
as UZEME PRECIOUS EDADA now wish to be known and addressed as MRS UZEME
PATRICIA. General public
documents bearing the names are valid. General public to please take note.
documents remain valid. General public to please take note.
MRS SUSAN OMUMEOMA ALOYSIUS as MISS NWACHUKWU OMUMEOMA SUSAN now wish to be known and addressed as MRS SUSAN former documents remain valid. General public to please take note.
UMEOKOLI ULUMMA LAWRENTIA as AGBAPURUONWU
MBUKO DONATUS KELECHI
AGBOOLA OLUWAFEMI GBOYEGA
former document remain valid. General public should please take note. NNAJL SANDRA addressed as NNAMANI SANDRA now wish to be known and addressed as . All former document remain valid. General public should please take note. GIDEON RAPHEAL
addressed as, OBIGIRI CHIKODI, now wish to be known and addressed as, former documents remain valid. General public should take note.
JOFRY FAVOUR NGOZI addressed as ABIAMUWE known and addressed as JOFRY FAVOUR NGOZI. All former documents remain valid. General public to please take note. AGBANHOUN KOUESSI EMILE
addressed as NWANMBUKO
addressed as OMEYE
addressed as SUNDAY K.
wish to be known and addressed as MBUKO
be known and addressed as
known and addressed as AGBANHOUN KOUESSI
former documents remain valid. General public to please take note.
GBOYEGA. All former documents remain valid. General public to please take note.
MBAH FRANK UGOCHUKWU
MRS ADEBOYE OMOLOLU OLUFUNMI
MRS ADEWUMI IBUKUNOLUWA FUNMILAYO
ADDRESSED AS MISS
ADDRESSED AS MISS IGE
ADDRESSED ASMISS
NOW WISH TO BE KNOWN AND ADDRESSED AS MRS ODUNTAN
TO BE KNOWN AND ADDRESSED
now wish to be known and
ABUH LINUS AUGUSTINE
Chidinma Patricia
to be known called and please take note.
ADEYEMO OGUNMODEDE JULIE NANADICE as Ogunmodede Julie Nanadice wish to be known and addressed as
CONFIRMATION OF NAME
and addressed as ACHIKOR PATRCIA
wish to be known and addressed as Agidi Abiola Afoluke. All former documents remain valid, general public please take note.
known and addressed
addressed as, OHAERI PATRICIA CHIDINMA, now wish to be known and addressed as, MRS. OHADUGHA UGOCHUKWU PATRICIA. All former documents remain valid. General public should take note.
former documents remain valid banks and general public take note.
FORMER DOCUMENTS REMAIN
ADEFIOYE AJIBOLA ELIZABETH
addressed as, MRS. IBE TINA OGECHUKWU, now wish to be known and addressed as, MRS. TINA OGECHUKWU HADOMEH. All former documents remain valid. Federal Ministries of Internal, External Affairs and general public should take note.
addressed as MBAM FRANK AJAH now wish to be known and addressed as MBAH FRANK UGOCHUKWU. All former documents remain valid banks and general public take note.
MRS ODUNTAN OLUBUNMI MODUPE
wish to be known and addressed as ADEOSUN
AGIDI ABIOLA AFOLUKE
KNOWN AND ADDRESSED AS
KHOCEE WILSON-EJIKEME
KOSISOCHUKWU UZOCHUKWU EJIKEME now wish to be known as KHOCEE Former documents remain valid. General public take note.
documents remain valid. General public to please take note. ADDITION OF NAME and addressed as NKECHI EVUJE, that I now wish to name that I now wish to be known and addressed as EVUJE NKECHI JENNIFER. All former documents remain valid. General public should please take note.
MRS RUKAYAT ABIODUN DAUDA
MRS OLAMIDE OLUWADAMILOLA OLUREMI
ADDRESSED AS MISS RUKAYAT ABIODUN OGUNBIYI NOW WISH TO BE KNOWN AND ADDRESSED AS MRS RUKAYAT ABIODUN DAUDA.
NOW WISH TO BE KNOWN AND FORMER DOCUMENTS REMAIN
Daily Times Nigeria Monday, November 27, 2017
GLORIOUS GOD OF OF MERCY GOSPEL CHURCH INT’L LOSS DOCUMENT THE GENERAL PUBLIC IS HEREBY NOTIFIED THAT THE ABOVE NAMED HAS APPLIED TO CORPORATE AFFAIRS COMMISSION, ABUJA FOR REGISTRATION UNDER PART “C” OF THE COMPANIES AND ALLIED MATTERS ACT, NO. 1 OF 1990. TRUSTEES 1 DISU CECILIA ANUOLUWAPO 2 DISU FOLAHAN AJEKIGBE 3. DISU FOLAJIMI ISAAC 4. DISU FEYISAYO EMMANUEL 5 BASHIR ABRAHAM TEMITOPE 6 IRINYEMI VICTOR ANUOLUWA 7 TAFU JANET TEMITOPE
23 Public Notice
DEBORAH PRAYING WOMAN MINISTRY THE GENERAL PUBLIC IS HEREBY NOTIFIED THAT THE ABOVE NAMED HAS APPLIED TO CORPORATE AFFAIRS COMMISSION, ABUJA FOR REGISTRATION UNDER PART “C” OF THE COMPANIES AND ALLIED MATTERS ACT, NO. 1 OF 1990. TRUSTEES 1 MRS CHIOMA EUCHARIA OKE 2. MRS OLAYINKA ESTHER ODUMAKINDE 3 MRS UTCHAY NGOZI PRINCEWILL
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 AFFAIRS COMMISSION, PLOT 420 TIGRIS CRESCENT, OFF AGUIYI IRONSI STREET, MAITAMA, P.M.B 198, GARKI ABUJA WITHIN 28 DAYS OF THIS PUBLICATION.
AIM AND OBJECTIVE: 1. TO PREACH AND PROPAGATE THE GOSPEL OF JESUS CHRIST AND PROVIDE HUMANITARIAN SERVICES TO ALL ANY OBJECTION TO THIS REGISTRATION SHOULD BE FORWARDED TO THE REGISTRAR GENERAL, CORPORATE AFFAIRS COMMISSION, PLOT 420 TIGRIS CRESCENT, OFF AGUIYI IRONSI STREET, MAITAMA, P.M.B 198, GARKI ABUJA WITHIN 28 DAYS OF THIS PUBLICATION.
SIGNED: BARR NKEISUKA NWOKO
SIGNED: JUDE CHINWAZE AFUNANYA ESQ
CHAPLAIN SAFETY ORGANIZATION INTERNATIONAL LOSS OF DOCUMENT
THE CHURCH OF GOD HOLY LAND
THE GENERAL PUBLIC IS HEREBY NOTIFIED THAT THE ABOVE NAMED HAS APPLIED TO CORPORATE AFFAIRS COMMISSION, ABUJA FOR REGISTRATION UNDER PART “C” OF THE COMPANIES AND ALLIED MATTERS ACT, NO. 1 OF 1990. TRUSTEES: 1 PASTOR LUCKY OKAH 2 EVANGELIST MRS HELEN LUCKY OKAH 3. EVANGELIST OKECHUKWU LUCKY 4. EVANGELIST PEACE EKOCHE LUCKY 5 EVANGELIST BENEDICTER ENEAKOR 6 EVANGELIST PETER NDOBU 7’ EVANGELIST PAUL YUSUF 8. PASTOR DANIEL EDMOND AIM AND OBJECTIVE: 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
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. EVANGELIST WILSON MABEL EDEWEDE - PRESIDENT 2. UWAIBI TONY - VICE PRESIDENT 3. UWAIBI KINGDOM - SECRETARY 4. UWAIBI CLINTON - TREASURER AIMS AND OBJECTIVES: 1) TO PREACH THE GOSPEL OF PEACE, LOVE AND DELIVERANCE OF OUR LORD JESUS CHRIST IN ALL PARTS OF NIGERIA 2) TO SERVE AS A FORE - RUNNER OF THE SECOND COMING OF OUR LORD JESUS BY CREATING AWARENESS OF HIS COMING 3) TO TEACH THE BODY OF CHRIST THE UNDILUTED WORD OF GOD 4) TO ENGAGE IN SOCIAL WORK, COMMUNITY DEVELOPMENT AND CHILD WELFARE PROGRAMMES AND OTHER SIMILAR ACTIVITIES 5) TO ESTABLISH SCHOOLS FOR THE LESS PRIVILEGE FROM NURSERY, PRIMARY SCHOOL AND TERTIARY INSTITUTION 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.
HAMZAT MUSTAPHA MEMORIAL 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. ALHAJI TOLU MUSTAPHA. - CHAIRMAN 2. ALHAJI SAKIRU IJALE 3. ALHAJI BALLO MUSTAPHA 4. MR TAJUDEEN MUSTAPHA 5. MR LASISI MUSTAPHA - SECRETARY 6. DR ADEBAYO AINA 7. ALHAJI MUFTAU SALAHUDEEN 8. MR ABDUL AKEEM MUSTAPHA 9. MR OWOLABI MUSTAPHA AIMS AND OBJECTIVES: 1. TO ASSIST INDIGENT STUDENTS IN EDUCATION. 2. TO SUPPORT EDUCATION GENERALLY. 3. TO SUPPORT SOCIAL, ACADEMIC AND COMMUNITY CAUSES. 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
SHAMA WORSHIP EMBASSY
THE GENERAL PUBLIC IS HEREBY NOTIFIED THAT THE ABOVE NAMED HAS APPLIED TO CORPORATE AFFAIRS COMMISSION, ABUJA FOR REGISTRATION UNDER PART “C” OF THE COMPANIES AND ALLIED MATTERS ACT, NO. 1 OF 1990. TRUSTEES: 1. DAVIDWHITE MEGBET - PRESIDENT 2. ESTHER DAVIDWHITE - SECRETARY 3. KIA ZONG 4.BLESSING DAVIDWHITE AIM AND OBJECTIVE: TO LEAD A CHURCH THAT IS ESTABLISHED ON FAITH AND RIGHTEOUSNESS 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
SIGNED BY PRESIDENT
POWER TOWER RESTORATION CENTRE INT’L. HEAVEN CONSCIOUS BELIEVES 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 GENERAL PUBLIC IS HEREBY NOTIFIED THAT THE ABOVE NAMED HAS APPLIED TO CORPORATE AFFAIRS COMMISSION, ABUJA FOR REGISTRATION UNDER PART “C” OF THE COMPANIES AND ALLIED MATTERS ACT, NO. 1 OF 1990.
TRUSTEES: (1) PST LUCKY OKAH. (2)EVANG MRS HELEN LUCKY OKAH (3)EVANG BENEDICTER ENEAKOR (4)EVANG PETER NDOB (5) EVANG OKECHUKWU BENEDICT LUCKY OKAH 6) PEACE EKOCHE LUCKY OKAH. 7) PST DANIEL EDMOND
TRUSTEES (1) PST. ODOGU ODOGU ABOYE (2) PST. OKORO EVELYN OGHENEOVO. (3) MRS. OKPOMU CONSIDER JACOB. (4) BRO. ODOGU JOSHUA OMAMOGHENE (5) PASTOR MRS MERCY DANIEL LINUS (6) PASTOR DANIEL EDMOND
AIM AND OBJECTIVE: TO PREACH THE GOSPEL OF OUR LORD JESUS CHRIST
AIM AND OBJECTIVE: 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.
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
SIGNED: SECRETARY
TOP TEACHING AID GLOBAL INITIATIVE
BOWER OF MERCIES PRAYER 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. TRUSTEES: 1. EVANG.MRS TEMITOPE OLA-WILLIAMS 2. APOSTLE DANIEL EDMOND AIM AND OBJECTIVE: TO PREACH THE GOSPEL OF JESUS CHRIST ANY OBJECTION TO THIS REGISTRATION SHOULD BE FORWARDED TO THE REGISTRAR GENERAL, CORPORATE AFFAIRS COMMISSION, PLOT 420 TIGRIS CRESCENT, OFF AGUIYI IRONSI STREET, MAITAMA, P.M.B 198, GARKI ABUJA WITHIN 28 DAYS OF THIS PUBLICATION. SIGNED: SECRETARY
THE SUPREME EVANGELICAL MISSION INTERNATIONAL
CITY OF REFUGE REDEMPTION MISSION 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 GENERAL PUBLIC IS HEREBY NOTIFIED THAT THE ABOVE NAMED MINISTRY HAS APPLIED TO THE CORPORATE AFFAIRS COMMISSION FOR REGISTRATION UNDER PART “C” OF THE COMPANIES AND ALLIED MATTERS ACT, 1990.
THE GENERAL PUBLIC IS HEREBY NOTIFIED THAT THE ABOVE NAMED HAS APPLIED TO CORPORATE AFFAIRS COMMISSION, ABUJA FOR REGISTRATION UNDER PART “C” OF THE COMPANIES AND ALLIED MATTERS ACT, NO. 1 OF 1990.
TRUSTEES: 1 DR NAFISATU DAHIRU MOHAMMED 2 NDUKWEM IROAKAZIGHI OGWO 3 DR CAROLINE EMEKA OGBONNA 4 CHUKWUMA CHUKWUMAKADIBE OSAKWE 5 MFON USORO 6 EKANABASI UBONG 7 PATRICK UKO 8 DR UBONG UMOH 9 OTOBONG SAMPSON 10 DR GLORY INYANG
THE TRUSTEES ARE: 1. PROPHETESS/EVANGELIST MRS. HANS BOLANLE FOLASHADE IBITAYO - VISIONARY /MISSIONARY 2. ELDER FIDELIS IYOORO KOODA 3. SISTER COMFORT ADEOLA IFEJESU IBITAYO 4. BROTHER ISAAC OLUWATOBI ALAKE 5. SISTER LYDIA AGBAJE ADIE 6. EVANGELIST JOHN EJIBA 7. PASTOR GODWIN CHIBEZE OKERE 8. PASTOR OSENI KEHINDE OWOLABI
AIM AND OBJECTIVE: 1. TO PROVIDE FREE TEACHING AIDS ANY OBJECTION TO THIS REGISTRATION SHOULD BE FORWARDED TO THE REGISTRAR GENERAL, CORPORATE AFFAIRS COMMISSION, PLOT 420 TIGRIS CRESCENT, OFF AGUIYI IRONSI STREET, MAITAMA, P.M.B 198, GARKI ABUJA WITHIN 28 DAYS OF THIS PUBLICATION. SIGNED: BARR ISHAYA RABO
THE AIMS AND OBJECTIVES ARE: 1) TO PREACH THE GOSPEL OF OUR LORD JESUS CHRIST. 2) WINNING SOULS THROUGH EVARNGELICAL MISSIONS AND PROGRAMMES AND PREPARING THEM FOR THE SECOND COMING OF OUR LORD JESUS CHRIST. 3) TO ESTABLISH A SEED OF LOVE THAT WILL PROMOTE MUTUAL UNDERSTANDING RESULTING TO PEACE AND UNITY AMONG MEN AND BRETHREN. ANY OBJECTION TO THE REGISTRATION SHOULD BE FORWARDED TO THE REGISTRAR-GENERAL, CORPORATE AFFAIRS COMMISSION, PLOT 420, TIGRIS CRESCENT, OFF AGUIYI IRONSI STREET, MAITAMA, P.M.B. 198, GARKI, ABUJA WITHIN TWENTY-EIGHT (28) DAYS FROM THE DATE OF THIS PUBLICATION.
TRUSTEES: 1)PST ISAAC OLORUNLEKE (2) PROPHETESS CHRISTIANA OLORUNLEKE , (3)ENVG. MICHAEL ISAAC (4)PST NSEE DUFF (5)MISS ENVG. RUTH ISAAC (6)PST VICTOR UKPWAN. (7) PST DANIEL EDMOND. AIM AND OBJECTIVE: TO PREACH THE GOSPEL OF 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: BARR. C.N. NOSIKE (SOLICITOR)
SIGNED: SECRETARY
KADO- KUNLE ADEWUMI AND DARE OJO FOUNDATION
KUGBO / NYANYA TIMBER DEALERS ASSOCIATION
CENTRE FOR THE INFRASTRUCTURAL AND TECHNOLOGICAL ADVANCEMENT FOR THE BLIND
THE PUBLIC IS HEREBY NOTIFIED THAT THE ABOVE NAMED ASSOCIATION HAS APPLIED TO CORPORATE AFFAIRS COMMISSION (CAC), ABUJA FOR CHANGE OF TRUSTEES 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 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. JOLOMI GEORGE FENEMIGHO - CHAIRMAN. 2. RITA O. FENEMIGHO - VICE CHAIRMAN. 3. TOJU FENEMIGHO - SECRETARY.
THE TRUSTEES ARE: 1. ADEWUMI KUNLE SAMUEL, 2. OJO OLUDARE OYEKUNLE 3. ADEWUMI MORENIKEJI SARAH 4. OJO CHRISTIANA OMOWUMI 5. OYEDAPO OLUSEYI ABIMBOLA.
FORMER TRUSTEES: AUGUSTINE KENE MAZI OLIVER ILO ADULPHUS OMAEFI RAYMOND ONYEJEKWE JAMES AROH NEW TRUSTEES: AUGUSTINE KENE MAZI OLIVER ILO
NEW TRUSTEES: DAVID OKAFOR OKECHUKWU ONAH BONIFACE OJUKWU NDUBUISI NNODIM EMMANUEL SAMUEL PATRICK NWAFOR IFEANYI OKOYE VINCENT OKOYE EMEKA NLEM
AIMS AND OBJECTIVES REMAIN THE SAME. ANY OBJECTION TO THIS CHANGE OF TRUSTEES REGISTRATION SHOULD BE FORWARDED TO THE CAC, PLOT 420, TIGRIS CRESCENT, OFF AGUIYI IRONSI STREET, MAITAMA, PMB, 198, GARKI, ABUJA WITHIN 28 DAYS OF THIS PUBLICATION. SIGNED BY SECRETARY
AIMS AND OBJECTIVES: 1. TO PROVIDE SUPPORTIVE SERVICES FREE TO THE BLIND PEOPLE. 2. TO CRATE AWARENESS AND OR ASSIST THE PUBLIC ON HOW BEST THE ENVIRONMENT CAN BE ACCESSIBLE TO BLIND PEOPLE. 3. TO TRAIN AND RETRAIN BLIND PEOPLE TO BE TECHNOLOGY COMPLIANT. 4. TO WORK IN COLABORATION WITH GOVERNMENT AND DONOR AGENCIES, CORPORATE BODIES AND THE FOUNDATIONS OF LIKE MINDS TO ACHIEVE THE OBJECTIVES STATED ABOVE.
AIMS AND OBJECTIVES: 1. BASIC ARTISAN VOCATIONAL TRAINING. 2. BASIC FUNDAMENTAL CIVIC TRAINING. 3. BUDGETING LITERACY SKILLS ACQUISITION. 4. YOUTH AND AGED ONES EMPOWERMENT PROGRAMS. 5. FACILITATION OF ACCESS TO BUSINESS CAPITAL FOR BUDDING ENTREPRENEUR.
ANY OBJECTION TO THIS REGISTRATION SHOULD BE FORWARDED TO THE REGISTRAR GENERAL, CORPORATE AFFAIRS COMMISSION, PLOT 420 TIGRIS CRESCENT, OFF AGUIYI IRONSI STREET, MAITAMA, P.M.B 198, GARKI ABUJA WITHIN 28 DAYS OF THIS PUBLICATION.
ANY OBJECTION TO THIS REGISTRATION SHOULD BE FORWARDED TO THE REGISTRAR GENERAL, CORPORATE AFFAIRS COMMISSION, PLOT 420 TIGRIS CRESCENT, OFF AGUIYI IRONSI STREET, MAITAMA, P.M.B 198, GARKI ABUJA WITHIN 28 DAYS OF THIS PUBLICATION.
SIGNED: SECRETARY
SIGNED: TRUSTEES
Public Notice 24
Daily Times Nigeria Monday, November 27 , 2017
Ondo: Akeredolu’s wife takes empowerment programme to Okitipupa
ÏÏÏWife
of the Ondo State Governor, Arabinrin Betty Anyanwu-Akeredolu, says her ‘Olori Connection’ initiative is borne out of the first lady of Nigeria, Mrs. Aisha Buhari’s passion for women and children as well as a result of the undertaking she had signed to ensure quality life for the masses. The Ondo State first lady made this known at the end
of her campaign tour of the RMNCAH + N project in Okitipupa, the headquarters of Okitipupa local government of the state on Friday during a meeting with wives of traditional rulers in the southern senatorial district of the state. Arabinrin Akeredolu who had earlier held similar meetings with stakeholders at the central and northern parts of the state appreciated the large turn-
out of the people in the area. She acknowledged Mrs Buhari’s focus on the welfare of women and children. According to her “I noticed that women are still dying during pregnancy, child-bearing and inability to take care of the living children which prompted me to do something about it”. ”The president’s wife who thought that she could
not do it alone invited wives of the governors and solicited for our collaborative efforts at achieving her mission, therefore in a bid to make the project a huge success, I decided to take it to the grassroots in Ondo State through the Oloris”. She emphasised the importance of immunisation and its free administration to children and frowned at why people are not accessing the benefit to the fullest.
RAJI SEKINAT PELUMI
AKPOGE SAMUEL UBA
ABIODUN ABAYOMI
Formerly known and addressed as BALOGUN SEKINAT PELUMI, now wish to be known and addressed RAJI SEKINAT PELUMI. All former documents remain valid. General public take note.
I formerly known as and addressed as GABRIEL SAMUEL UBA now wish to be known called and addressed as AKPOGE SAMUEL UBA. All former documents remain valid. General public take note.
CHANGE OF NAME/ CORRECTION OF DATE OF BIRTH
ADO KHADIJA YARIMA
I, formerly known and addressed as ADO UMMY YARIMA now wish to be known and addressed as ADO KHADIJA YARIMA. All former documents remain valid. General public take note. CORRECTION OF NAME During my BVN registration, my name was mistakenly written as HASSAN ABIDEEN OLALEKE instead of HASSAN HABIDEEN OLALERE. That my correct date of birth is 24/02/1974 and not 06/02/1975. All former documents bearing my former name remain valid. General public and authorities concerned please take note.
MRS. ABIAKA LUCY NGOZI
I FORMERLY KNOWN AND ADDRESSED AS Ashinaga Lucy Ngozi, NOW WISH TO BE KNOWN AND ADDRESSED AS Mrs. Abiaka Lucy Ngozi. ALL FORMER DOCUMENTS REMAIN VALID. GENERAL PUBLIC TAKE NOTE.
OGUEGBU NWADIMMA IFEOMA
I, formerly known and addressed as OKAFOR NWADIMMA IFEOMA now wish to be known and addressed as OGUEGBU NWADIMMA IFEOMA. All former documents remain valid. General public take note. OLUWATOMINIYI OLUTAYO IDOWU
I, formerly known and addressed as OGUNTOMINIYI OLUTAYO IDOWU, now wish to be known, called and addressed as OLUWATOMINIYI OLUTAYO IDOWU. All documents bearing my former names remain valid. Authority concerned and General public should please take note.
CHIDI GLADYS OGUZIE
I formerly known as NWORGU GLADYS UGWUACHUNWA wish to be known and addressed as CHIDI GLADYS OGUZIE. All former documents remain valid, general public please take note.
THE WILLING WINNING WOMEN INTERNATIONAL MINISTRY
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 No. 1 of 1990. THE TRUSTEES ARE: 1. Mrs. Hephzibah Ugochuchu MICHAEL Chairman 2. Mr. Lucky Eromosele OKOIZI 3. Mrs. Stacy Oyediya AGBA 4. Mrs. Juliet OPELUSI Secretary THE AIMS AND OBJECTIVES ARE: 1. To reach out to all families under the leadership of the Holy Spirit with particular focus on mothers and sisters in the society and nationwide. 2. To build up the broken walls in our new generation of today, taking the family back to its first state in the mind of God when he created Eden. 3. Collaborating and networking with potential partners among other Ministries, NGOs and other institutions, in order to mobilize resources to address the needs and concerns of the society. Any objection to this registration should be forwarded to the Registrar-General, Corporate Affairs Commission, Plot 420, Tigris Crescent, off Aguiyi Ironsi Street, Maitama, P.M.B. 198, Garki Abuja within twenty-eight (28) days from the date of this publication. SIGNED: SECRETARY.
RESCUE AMBASSADORS DEVELOPMENT INITIATIVE THIS IS TO INFORM THE GENERAL PUBLIC THAT THE ABOVE NAMED HAS APPLIED FOR REGISTRATION TO CORPORATE AFFAIRS COMMISSION UNDER PART C OF THE COMPANY AND ALLIED MATTERS ACT NO 1 OF 1990 THE TRUSTEES ARE: 1.KEN ONYEKAONWU 2.BEDE OKOYE AIMS AND OBJECTIVES: 1.TO ENGAGE IN COMMUNITY DEVELOPMENT 2.TO MONITOR&ENSURE PROPER PROJECT EVALUATION &APPRAISAL 3.TO EDUCATE THE GENERAL PUBLIC ON THE DANGERS OF CORRUPTION IN THE SOCIETY & HOW TO AVOID IT 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: BAR. ASOGWA FERDINAND 07030806143
That I was formerly known and addressed as ADEWUNMI BABATUNDE DANIEL with wrong date of birth as 1st day of December, 1996, now wish to be known and addressed as ADEWUNMI AKINTUNDE DANIEL with correct date of birth as 1st day of December, 1997. All documents bearing my former name remain valid. General public and authorities concerned please take note.
I, formerly known and addressed as ABIDEMI OLAYEMI ABAYOMI, now to be known and addressed as ABIODUN ABAYOMI. All former documents remain valid. Authority concerned and General public should please take note.
IGBOANUGO NKIRUKA BRIDGET
ADENIJI PRISCILLA OLUYOMI
I, formerly known and addressed as EWUZIE NKIRUKA BRIDGET, now wish to be known, called and addressed as lGBOANUGO NKIRUKA BRIDGET. All documents bearing my former names remain valid. Authority concerned and General public should please take note.
Formerly known and addressed as ADENIJI REBECCA OLUYOMI, now wish to be known and addressed as ADENIJI PRISCILLA OLUYOMI. All former documents remain valid. General public take note.
BENNIE IFEANYI HEPHZIBAH
BABA MUSA ABDULAHI IHABE
I formerly known and addressed as BENNIE R. O IFEANYI HEPHZIBAH now wish to be known called and addressed as BENNIE IFEANYI HEPHZIBAH. All former documents remain valid. General public take note.
. I, formerly known and addressed as DANIEL ABDULAHI IHABE now wish to be known and addressed as BABA MUSA ABDULAHI IHABE. All former documents remain valid. General public take note.
MGBEMENA ONYEKACHI I, formerly known and addressed as EKE-OKORO ONYEKACHI now wish to be known and addressed as MGBEMENA ONYEKACHI. All former documents remain valid. General public take note.
MRS OGUNSHAKIN MORADEUN YETUNDE
I, formerly known and addressed as MISS ODUSINA MORADEUN YETUNDE now wish to be known and addressed as MRS OGUNSHAKIN MORADEUN YETUNDE. All former documents remain valid. General public take note.
PRINCE OF PEACE EVANGELICAL GOSPEL OUTREACH INTERNATIONAL THIS IS TO NOTIFY THE GENERAL PUBLIC THAT THE ABOVE NAMED, HAS APPLIED TO THE CORPORATE AFFAIRS COMMISSION FOR REGISTRATION UNDER PART “C” OF THE COMPANIES AND ALLIED MATTERS ACT 1990. THE TRUSTEES ARE: 1. ADEDIRAN MATTHEW AYOBAMI 2. IGE JOSHUA IDOWU 3. JOSHUA OLUWATOBI 4. ADENAGBE ABIGAIL 5. OLUWAYEMISI ABIMBADE 6. LASISI OLUKUNLE JOHN THE AIM AND OBJECTIVE: 1. TO PREACH THE GOSPEL OF CHRIST ANY OBJECTION TO THIS REGISTRATION SHOULD BE FORWARDED TO THE REGISTRAR-GENERAL, CORPORATE AFFAIRS COMMISSION, MAITAMA, ABUJA WITHIN 28 DAYS OF THIS PUBLICATION SIGNED: SECRETARY
GOSPEL TALKING DRUMMERS ASSOCIATION OF NIGERIA This is to inform the general public that the above name BODY has applied to the Corporate Affairs Commission Abuja for registration under part C” of the companies and allied matters Act 1, of 1990. The Trustees are: 1. Tokunbo Winjobi - Chairman. 2. Olusayo Akinpelu. 3. Ademola Adegbenro. 4. Korede Owolabi. 5. Waidi Adekola. 6. Dada Alalade. 7. Dayo Ojo. Aims and Objectives: 1. To propagate Christian Gospels and Teachings using talking Dru ms. 2. To promote unity, love and understanding among members. Any objection to this registration should be forwarded to the Registrar- General corporate Affairs commission, plot 420, Tigris crescent, off Aguiyi Ironsi street, Maitama , Abuja within 28 days of this publication. Signed: Trustees
RE-ARRANGEMENT OF NAME
MRS. TEMITOPE ADEBISI ONI
My name was wrongly arranged on my national identity card as BENSON IMOUKHUEDE RUSSELL instead of IMOUKHUEDE BENSON RUSSELL. That the correct arrangement of my name is IMOUKHUEDE BENSON RUSSELL and my date of birth is 14th day of March, 1972. All former documents remain valid. General public/authorities concerned should take note.
I, formerly known and addressed as MISS TEMITOPE ADEBISI ADENEKAN, now wish to be known and addressed as MRS. TEMITOPE ADEBISI ONI due to marital status. That my date of birth was wrongly written on my marriage certificate as 23rd day of May, 1986 instead of 23rd day of May,1983. All documents bearing my former name remain valid. General public and authorities concerned should please take note.
LIVINUS CYNTHIA I, formerly known and addressed as UCHEOBI CYNTHIA CHIKODI, now wish to be known, called and addressed as LIVINUS CYNTHIA. All documents bearing my former names remain valid. Authority concerned and General public should please take note.
AGBAJE TEMITOPE MUJIDAT I, formerly known and addressed as BADMUS TEMITOPE MUJIDAT, now wish to be known, called and addressed as AGBAJE TEMITOPE MUJIDAT. All documents bearing my former names remain valid. Authority concerned and General public should please take note.
MRS. VICTORIA ABIODUN BELLO
ABETIANBE ROSELINE IWONG
I, formerly known and addressed as MISS VICTORIA ABIODUN BROWN, now wish to be known, called and addressed as MRS. VICTORIA ABIODUN BELLO . All documents bearing my former names remain valid. Authority concerned and General public should please take note.
I, formerly known and addressed as ABETIANBE IMMACULATA, now wish to be known, called and addressed as ABETIANBE ROSELINE IWONG. All documents bearing my former names remain valid. Authority/ Embassies concerned and General public should please take note.
IFEYINWA LINDA NWANKWO
CORRECTION OF NAME
Formerly known and addressed as LINDA NWANKWO, now wish to be known and addressed as IFEYINWA LINDA NWANKWO. All former documents remain valid. General public take note.
This is to inform the general public that my name was wrongly written as YUSUF LUKMAN ADEDEJI instead of YUSUF LUKMON ADEDEJI. That my correct name is YUSUF LUKMON ADEDEJI. All former documents remain valid. General public take note.
ODUTAYO ANTHONY ODUTAYO
OGULEDO CHRISANTUS GINIKACHI
I, formerly known and addressed as Odutayo Adeola Odutayo now wish to be known and addressed as Odutayo Anthony Odutayo. All former documents remain valid. General public take note.
I, formerly know n and addressed as CHRISANTUS OGU, now wish to be known, called and addressed as OGULEDO CHRISANTUS GINIKACHI. All documents bearing my former names remain valid. Authority concerned and General public should please take note.
CHUKWUJEKWU MERCY OLUWASEUN
ADDITION OF NAME
I, formerly known and addressed as KAREEM MERCY OLUWASEUN now wish to be known and addressed as CHUKWUJEKWU MERCY OLUWASEUN. All former documents remain valid. General public take note.
I, TAOFEEK AFINOWI wish to add ADEBOWALE to my name. Henceforth, I now wish to be known and addressed as TAOFEEK ADEBOWALE AFINOWI. All former documents remain valid. BANKS and the general public take note.
AJANOBI MAUREEN NNEAMAKA I formerly known and addressed as EZEOGU MAUREEN NNEAMAKA now wish to be known and addressed as AJANOBI MAUREEN NNEAMAKA. All former documents remain valid. General public to please take note.
CONFIRMATION OF NAME In some of my documents my name was written as AKANNI MARIAM BUKOLA while in some other documents it was written as MARIAM BUKOLA .I am the one bearing all the names. All documents bearing the names are valid. General public to please take note.
WINNIFRED NGOZI
MRS. OLUWAKEMI ANNE
I FORMERLY KNOWN AND ADDRESSED AS MISS IWUJIH WINNIFRED NGOZI NOW WISH TO BE KNOWN AND ADDRESSED AS MRS. OHAJAH IWUJIH WINNIFRED NGOZI. FORMER DOCUMENTS REMAIN VALID, AUTHORITIES CONCERN AND GENERAL PUBLIC PLEASE TAKE NOTE.
I FORMERLY KNOWN AND ADDRESSED AS MISS OLUWAKEMI ANNE GREGS NOW WISH TO BE KNOWN AND ADDRESSED AS MRS. OLUWAKEMI ANNE VINCENT. FORMER DOCUMENTS REMAIN VALID, AUTHORITIES CONCERN AND GENERAL PUBLIC PLEASE TAKE NOTE.
SOFWATUL ANWAAR ISLAMIC SOCIETY
This is to notify the general public that the above named Society has applied to the Corporate Affairs Commission, Abuja for registration under part “C” of the Companies and Allied Matters Act 1 of 1990. THE TRUSTEES ARE: 1. AKINDELE ABDULRAMON OLATUNDE - (CHAIRMAN ) 2. OLASUPO SULAIMAN ADEWOLE - (TREASURER ) 3. ASHIRU IBRAHIM ABIODUN - (SECRETARY ) THE AIMS AND OBJECTIVE ARE: 1. To propagate Islamic religion. 2. To preach peace in the society 3. To encourage the commitment of the Muslim community to the ideals of an Islamic oriented and civilized society. Any objection to this registration should be forwarded to the Registrar General, Corporate Affairs Commission, Plot 420, Tigris Crescent, Off Aguyi Ironsi Street, Maitama Abuja within 28 days of this publication. SIGNED BY CHIEF M.A.O. ADEBAYO
Daily Times Nigeria Monday, November 27, 2017
(LAGOS) Stella Emele 08037862794
25
26 News
Daily Times Nigeria Monday, November 27, 2017
Electricity Bill: Plateau, JUTH trade blame Kingsley Chukwuka, Jos
ÏÏÏThe
Jos University Teaching Hospital (JUTH) and the Plateau State government have blamed each other for the current state of the temporary site of the hospital otherwise known as Old JUTH The two were contacted on the inability of the facility to pay electricity bills for months, leading to the Jos Electricity Distribution Company (JED), to disconnect electricity supply in JUTH. According to the JUTH Public Relations Officer, Haruna Zubairu, the facility which was given to it by the Plateau State government was vacated by it on completion of the JUTH permanent site, thus, maintenance of the facility including utility bills are not the hospital’s responsibility. The Plateau State Commissioner for Health, Dr. Kamshak Kuden, however, said the facility was not taken over by the state government despite the movement of the hospital to its permanent site. He said the hospital was allowed by the government to still use the structures for its postgraduate nursing programmes as well as psychiatric and outpatient healthcare services. However, the building was disconnected from electricity supply about four weeks ago due to accumulated bills running into millions, The Daily Times observed. The lack of power supply in the building, therefore
obstructed medical services and studies for the training institutions operating within and the most affected of the institutions was however the State owned School of Nursing Vom, which uses one of the structures as hostel accommodation. When our correspondent interviewed Some students, they said “the lack of power has affected water supply to the hostels as the water pumps within the structure are motorized; and also, late evening studies are now put on hold as a result of the blackout”, they said. Stakeholders seek stiffer penalties against perpetrators of violence against women, children Samuel Luka, Bauchi As part of events to mark this years’ world International day of elimination of violence against women, stakeholders comprising of magistrates, security agents, media and civil servants in Bauchi State, on Saturday, called on governments and security agencies in the country to enforce stiffer penalties on perpetrators of violence against women and children. The women, who made the call at an interactive session organised by the Bauchi State Chapter of National Association of Women Journalists, NAWOJ, at the Nigerian Union of Journalists Press centre in Bauchi, observed that laws against violators of women rights were not strictly adhered to, a situation according to them, has led
L-R: Secretary, Peoples Democratic Party (PDP), Borno State, Alhaji Baba Mustapha and Chairman, Alhaji Zanna Gaddama, taking oath of office during their inauguration in Gombe… at the weekend.
to the continuous violence against women and children. Chief Magistrate Safiya Musa, who was a guest speaker at the event while speaking on the topic, ‘Violence against women in society’, said that violence against women was a historical manifestation of unequal power between a man and woman which has been in existence from time immemorial. She condemned the high rate of violence perpetrated
Brother kills own brother in Ebonyi
Charles Onyekwere, Abakaliki
ÏÏÏA
middle-aged man, Maduka Nworiegu, has been killed by a gang of five assailants allegedly led by the deceased elder brother, Ikechukwu Nworiegu, in Akanakuna village, Amagu in Ikwo local Government Area of Ebonyi State. The victim was said to have been beaten by his assailants with iron nd other dangerous weapon till he gave up the ghost. Confirming the Incident, Ikechukwu’s younger brother, Donald Nworiegu alleged that the assailants dropped the corpse of the victim at his father’s house, when they discovered that he had died before the fle the village. However, he did not allude to insinuations that
the death was politically motivated, as rumoured had it that the assailants acted on the bidding of a top politician from the area. He said that the incident took place on November 23, but he was informed the following day, stressing that nobody has known the whereabouts of either the mastermind or other suspects mentioned by eye witnesses. He dismissed that there was no misunderstanding between the two brothers to have warranted such dastardly act, as none of them had complained to him or his father that there was a problem between them. Donald said: “Our elder brother hired assassins to kill him. It was our eldest brother, Ikechukwu Nworiegu that led the gang that killed him. “The victim is my im-
mediate younger brother. Three of us are from the same parents. I was not aware that there was any problem between the two because if there was, my father would have known or even tell me”. “I was not at home when it happened but my people told me that they beat him with iron and other dangerous weapons and when they discovered that he had died, they kept him in our father’s palour and ran away. Apart from the gang leader, other people mentioned included John Nwacho; Chijioke Ogbuewu; Nwabueze Onele and Kingsley Igwe. None of them has been arrested’. When contacted, the State Police Public Relations Officer (PPRO), Loveth Odaa, said she has not been communicated on the incident.
against women and children and blamed the society for turning blind eyes to the norm. “Wherever we find ourselves, we see various forms of violence against women and children. Each woman or girl child has been affected in one form of sexual harassment or the other. It has happened to either you, your sister or your neighbour. We are all affected in one way or the other”. “It is very unfortunate
that violence against women is condoned by the society. It is sad that our men who are suppose to be protecting women are not their sister’s keepers,” she said. The guest speaker enjoined the media to join global voices in the world and Step up reports that advance the rights of women and children instead of underreporting the the ugly trend. Also speaking, the Bauchi leader in-charge of women committee, Nigerian
Labour Congress, Comrade Rukaiya Balan Mallam, pointed out that lack of proper enlightenment on violence against women was responsible for why most women do not speak out whenever their rights are breached. She called on security agents to avoid delaying prosecution of perpetrators of violence against women and ensure that justice is melted out on offenders to serve as a deterrent to others.
Enugu assures LGA pensioners on payment date Moses Oyediran, Enugu
ÏÏÏThe Enugu State Gov-
ernment has assured retirees of the 17 Local Government Areas yet to receive their payment of arrears of pension and gratuity to exercise patience as the December 1 deadline date for the completion of payment is realisable. The Permanent Secretary in the Ministry of Finance and chairman of the Disbursement committee, Dr. Benedict Ezema disclosed to The Daily Times in Enugu that the State Government has released the entire money for the payment of the arrears for the period of 2002, 2003, 2004, and 2005 to his committee. “Governor Ifeanyi Ugwuanyi of Enugu State has released two billion, thirteen million naira as the local government share of the second
tranche of the London-Paris Club Refund for payment of arrears of pensions, gratuity and other entitlements of retirees and local government staff in the state. Our correspondent recalled that out of the N5.1 billion Paris club fund released by the federal government to the state N2.0 billion was allocated to the 17 local government areas to clear its debt. A breakdown of the N2.0 billion as seen by the Daily Times revealed that N1billion was approved for the payment of arrears of pension and gratuity, while N700m earmarked for salaries of Local Government workers and the remaining N300m for severance packages of former council Chairmen and Councilors. According to Ezema the criteria for the payment of the benefits were presentation of Biometric Capturing Printout and letters of first appointment and last promo-
tion.
“Remember that payment of gratuities to local government staff and primary school teachers in the State stopped in 2001 about 16 years ago. “We want to assure our senior citizens that the exercise would be sustained”, he said. “My committee has covered 16 out of 17 Local Government Areas to pay the retirees their gratuities and arrears of pensions. “We have so only Nkanu East to cover although we still have other payments to make before the December 1 deadline to complete all payments”, he said. Some of retirees who spoke to our correspondent after collecting their cheques expressed delight at Governor Ugwuanyi’s inspiring leadership style, which they said is centered on alleviating the sufferings of the people.
Daily Times Nigeria Monday, November 27, 2017
27 News
PDP youths fault APC over electoral promises Myke Uzendu, Abuja
ÏÏÏA coalition of
the Peoples Democratic Party Youth Support Group, under the aegis of “Why It Must be PDP in 2017,” (WIMBPDP2019), has mobilized Nigerian youths across the federation to issue 4 million red cards to the ruling All Progressives Congress, APC, over its inability to fulfill its electoral promises. This was known over the weekend by National Coordinator of the coalition, Friday Eya, in a press conference. Eya lamented the level of
deceit and failure from the APC- led administration, adding that the party has not fulfilled any of its electoral promises hence, the mobilization of four million Nigerian youths to issue a red card to the party. He described APC as a party of propaganda, full of lairs with deceitful agenda. He pointed to some of the hardship the party has brought on the country, ranging from high cost of rice, high foreign exchange rate, unfulfilled N5,000 stipend to unemployed youths, inability to defeat Boko Haram, fraudulent electoral process and unabated
corruption and looting perpetrated by an administration that claims it is fighting corruption, as some of its failures. They said, “You came and lied to us and gave us false hope every day. That is not acceptable. I am happy to read in the news today that( Abubakar) Atiku also has given them a red card. “What has increased lately is mass murder and suicide. The Boko Haram they promised to defeat in three months is still there.” On their plans to re-position the opposition PDP to take over from the ruling
APC come 2019, he said, “We are bringing in seasoned politicians who have made mistakes and are ready to take a new course. We have over four million reds cards Nigerian will issue to APC. The unfortunate situation is that Nigerians are now used to hardship. “ I want the entire country to know that this is the time to give the APC red card. We cannot continue to live in falsehood. “APC is a party of propaganda. They promised us that they will give is stable electricity but now, everything is falling apart.
The group also stated various other undoings for the APC government that culminated in the decision to issue them with a red card. They said, “for increase in corruption, increase in suicide, budget padding, failing in giving primary school pupils a meal per day, failed promises, deception, failure in youth empowerment, re-employing Maina - Red card” the group echoed. “ APC deserves a big red card from all Nigerians. We re bringing in seasoned politicians not just people who just want to be in politics. We are bringing in those people who have long been in politics; and we cannot take
this anymore. “We installed Muhammadu Buhari for self acclaimed righteousness, but this self- acclaimed self righteousness has given pains to Nigerians.We cannot continue along that line, and for that we give him -red card.” The group was optimistic that the PDP leadership has a strong commitment to ensure due process in the election of new executives during the December 9th national convention. They hoped that the convention will give birth to a new and transformed PDP that would determine the future of the nation’s politics.
Gov Bindow emphasizes role of radio as tool for development
Tom Garba, Yola
ÏÏÏGovernor
Executive Secretary, Pension Transitional Arrangement Directorate (PTAD), Sharon Ikeazor (2nd right), during the verification exercise of pensioners of the Delta Steel Company and Federal Housing Authority in Warri Delta State… on Sunday.
We want radical reduction in violence against women, girls - FG Tom Okpe, Abuja
ÏÏÏThe Minister of Wom-
en Affairs and Social Development, Hajia Aisha Jummai Allhassan has said the Federal government has accelerated efforts to ensure a radical reduction in the incidence of violence against women and girls. She said the ministry is currently supporting the development of a multisector coordination and response mechanism at the national, states and local government levels to facilitate this process. Allhassan who spoke in Abuja, on Saturday at a press briefing to commemorate the International Campaign to end Violence Against Women and Girls
with the theme: “Together, we can end gender- based violence in education;” and sub theme, “Leave no one behind,” said, “The development of sexual assault referral centers (SARC) across the country is being executed to provide redress for survivors of gender based violence. “In the same vein, advocacy and capacity building have been employed extensively as strategies to address the high prevalence of female genital mutilation in the country.” The minister, who said it is expected that the sustained engagement of men and boys through the ‘He for She’ campaign to support interventions directed at promoting gender equity, added that; “it will con-
tribute immensely to the reduction of gender based violence. She further said that eliminating gender -based violence and indeed, curbing the rampant occurrences of this act in all situations, should be seen as the responsibility of all citizens, adding, “no one should be left behind.” In his remarks, the United Nations Secretary General, represented by the UN Resident Coordinator in Nigeria, Mr. Edward Kallon Kallon said it is a human right we need to support. “No man should batter a woman; to batter someone you love is extra ordinary as we need to celebrate the woman, placing more importance to her as what a man can do, a woman can
do even better. “One among every three women are violated over the world; violence on women is a challenge to the UN; and we need to end violence against women and girls”, he said. He added that “the UN is advertising this act in many ways, so, we need to do more to protect our women and girls also to empower them.” In her reaction, the United Nations Country Representative to Nigeria and ECOWAS, Ms. Comfort Lamptey said UN women lead to light the world in Orange, as the world unite against women; and Nigeria is doing same today, saying; “about 105 countries participated with Nigeria, leave no one behind.”
of Adamawa State Senator Muhammed Umaru Jibrialla Bindow has inaugurated a private radio station in the state, saying that the establishment of the station would the enhance development of the state, just as Yola town, the state capital, State, was agog with the ensemble of the Fulani race, as they converged to witness the official unveiling of the new FM radio station, named, Radio Pulaku. Minister of Information and Culture, Alhaji Lai Mohammed, who stood in for Presidend Muhammadu Buhari, as the Special Guest of Honour, explained that the name Pulaku signifies all the attributes of a true Pullo, such as tolerance and steadfastness, which every Fulani man is endowed with. The president said the commissioning is timely as government has reached the stage of information sharing in its fight against insurgency and other social vices. He urged other media stations to join in the campaign against activities of insurgents. While condoling with the people of the state over the recent bomb blasts in Mubi, Buhari said insurgents have resorted to targeting soft spots; and called for more vigilance and support for soldiers and other security personnel who have paid the supreme price to keep Nigeria safe and peaceful. He described radio as a powerful tool for development; and called on Pulaku radio to, “appeal to the con-
scious of its listeners to be law abiding, united, peace loving and security conscious.” However, Bindow, who dwelled extensively in Fulfulde, said radio is a veritable tool for development which can be used to reach out to the Fulani’s all over the world, to among other things, promote the rich culture of the Fulani race. The governor commended Lamido Barkindo Aliyu Mustafa, Lamido Adamawa, who is also the Tapital Pulaku world wide, for the vision to establish a radio that will run programmes in Fulfulde, pledging his administration’s support for traditional institutions as custodians of the people’s culture. Sultan of Sokoto Alhaji Saad Abubakar 111, who was represented by the Emir of Kano, Alhaji Muhammadu Sanusi 11, congratulated the Lamido over the establishment of the radio station; and expressed the hope that the station would be a unifying factor and a medium of interaction among the Fulani people. Founder of the Pullaku Radio, Doctor Muhammadu Barkindo Aliyu Mustafa said the radio was established to, among other things, bridge the gap in the inability of television stations to have a wider reach, as well as the need to preserve, propagate and showcase the rich cultural heritage of the Fulbe people. He said the content will be predominantly Fulfude, as it will remain a reliable source of information and companion to contribute to national platform of information dissemination.
News 28
Daily Times Nigeria Monday, November 27, 2017
United Capital sweeps PEARL Awards, tops in 5 categories
ÏÏÏIt was a historic night for United Capital Plc, who achieved a remarkable feat, winning five awards, three of which were in the Main Competitive Award Category at this year’s PEARL Nigeria Awards. The firm also received the overall highest award: ‘The PEARL’ ousting AIICO Insurance Plc and Total Nigeria Plc. ‘The PEARL’ Award was based on United Capital’s outstanding operational and stock performance in 2016. Other awards won by United Capital Plc included: Sectoral Leadership Award, Financial Services – Other Financial Institutions (Main Competitive Award Category); Sectoral Leadership
Award, Highest Dividend Yield (Main Competitive Award Category; Good Corporate Governance Award (Special Recognition Award Category) and Outstanding CEO of the Year Award (Honorary Award Category). The PEARL Awards Nigeria, is one of the country’s foremost award recognition bodies, focused on rewarding corporate excellence in local institutions and promoting healthy competitiveness among quoted companies through growth, diversification and innovation, and ultimately leading to improved performance on the Nigerian Stock Exchange. It has a been a bright year for United Capital Plc hav-
ing surpassed market expectations increasing revenue by 27.8% in Q3, despite the sustained macroeconomic market downturn throughout the year. United Capital’s ability to remain resilient and committed to its Pan African strategy to be the financial and investment role model across Africa, deploying innovation, technology and specialist skills to exceed client expectations while delivering superior value for all stakeholders, is a testament to their position as a market leader in Africa. New offerings, such as Wealth Management, a Wealth for Women Mutual Fund, a Nigerian Eurobond Mutual Fund, and upgraded online trade platform ‘In-
vestNow 2.0’, are just a few examples of United Capital’s dedication to capital market development and ensuring customer service excellence. In addition to the outstanding accolades awarded to United Capital at last night’s Awards ceremony, United Capital has also bagged a number of market leadership awards this year, including ‘Deal of the Year’ Award at the 2017 BusinessDay Banker Awards for their strategic role in executing Nigeria’s first ever $300 million Diaspora Bond; and Oluwatoyin Sanni, Group CEO, United Capital Plc was awarded ‘Business Woman of the Year – West Africa’at the CNBC Africa’s All African Business Leaders
Awards (AABLA) in the month of October. As the 2017 CEO of the Year Award recipient at the PEARL Nigeria Awards, Mrs. Sanni is the first ever female CEO to win this award in their 2 -year history. The strong performance of United Capital has not gone unnoticed by shareholders either. Within the last month, the United Capital’s (UCAP’s) share price has seen a number of upward spikes as a direct response to the various market accolades. On October 31, the firm’s share price was N3.01, which rose to N3.38 on November 6, resulting in a 12.3% appreciation in less than a week. ‘We believe the appreciation in our share price was attributable to increased interest from shareholders in response to sustained positive performance from the company, having continued to deliver excellent value to shareholders. Our shareholders have every reason to be confident in the growth of our business and
in its overall corporate governance. Knowing that we cannot rest on our laurels, we will continue to deploy all necessary resources towards our purpose of transforming the African continent through the provision of world class investment banking services. “We are doing this by building our businesses for tomorrow, whilst delivering competitive value today. We will also leverage our strong current year performance to propel us into an even stronger 2018, as we continue to partner with our clients and counter-parties to deliver top-notch products and services to suit their investment and financing objectives,’ explained Oluwatoyin Sanni, Group CEO, United Capital Plc. United Capital Plc is a leading African Investment Banking Group offering Investment Banking, Asset Management, Securities Trading and Trustee Services to corporates, governments and individuals across Africa.
‘Atiku has more prospects in PDP than in APC’ ÏÏÏAn
First Lady of Ondo State, Betty Anyanwu-Akeredolu (middle), during the flag-off of the 2017 Maternal Newborn and Child Health week, in Akure, Ondo State… at the weekend.
Kogi: Lawmaker urges more support for constituency Idris Ahmed,Lokoja
ÏÏÏFollowing total lack of
development of the Lokoja 11 Constituency,the member representing the area at the House of Assembly, Hom. Idris Ndakwo has appealed to the state government to ensure consideration of the area in the 2018 budget. Hon.Ndakwo in an interview with Daily Times in Lokoja, on Monday, said that the major part of his constituency had been forgotten right from the colonial era
down to the past administrations of Kogi state. He lammented that Budon,Eggan and Kupa and scores of communities in his constituency have remained undeveloped, despite the economic and political gains the government, politicians and the state benefit from the people living there. The lawmaker also complained that being area as an agrarian settlement, it produces a lot of produce for both domestic and international trade; which should not be neglected.
According to Ndakwo, the poor state of the roads are posing serious hindrance tothe transportation of needed food and economic raw materials essential for the growth of the nation’s .economy. On electricity, he commended the state government for facilitating the national grid step down of power to parts of his constituency from Lokoja to Jamata, where the rural/ urban drift is being halted, adding that local industries are already springing up.
He, however appealed that the electrification project be extended to other parts of the constituency. Ndakwo, who recently defected from the Peoples Democratic Party (PDP) to the ruling All Progressives Party (APC), said his decision to leave the PDP was advised by his constituents who preferred him to do so in order to attract dividends of democracy to the area. He explained that the area has been the only vote generating with out commensurate democracy dividends.
Abuja-based political analyst, Mr Ephraim Audu, has said that defection from one political party to another is permissible in a democracy as it helps it to thrive. The News Agency of Nigeria quoted Audu as saying this in Abuja on Sunday. According to Audu, the franchise and ability to vote and be voted for was key in giving people the right to participate in any political party. He was reacting to Friday’s resignation of former Vice President Atiku Abubakar, from the All Progressives Congress (APC). Atiku is rumoured to be heading back to the People’s Democratic Party (PDP), where he was a founding member but abandoned due to suspected frustrations. Audu said “I am not surprised at Atiku’s resignation from the All Progressives Congress (APC). “The truth is that in studying the politicking between the APC and the PDP and whatever political party that could be thriving, the process is a win-win situation. “For APC and the
PDP, the PDP will leverage on old glory while the APC will want to take advantage of the incumbency. “I am not taking sides but I want to assure you that Atiku has more prospects when he defects to the PDP than being in the APC. “My reason is obvious because the statement by Bola Tinubu was deliberate to test the reactions from Nigeria’s electorate.’’ Audu emphasised that President Muhammadu Buhari tended to have an automatic ticket and would definitely contest in the next election as the APC would give him the ticket again. “Atiku can finally say bye to the APC prior to the 2019 elections, and that is the best thing that will happen to him. “It is on record that some governors are strongly behind Atiku and another factor to consider is that Atiku has the resources,’’ he said. Audu also condemned the way politicians participated in politics, saying it lacked sense of humour and maturity. “For me, I applaud Atiku’s decision even though I have issues with the way politicians participate in politics.”
29 News
Daily Times Nigeria Monday, November 27, 2017
Enugu 2019: Desists from culture of thuggery, electoral fraud, APC warns PDP. ÏÏÏ The opposition
L-R: Ojomu of Osogboland, Chief Ewelayo Olalere; Oluwo of Iwoland, Oba Abdulrasheed Adewale Akanbi; Osun State Governor, Ogbeni Rauf Aregbesola and others, during Oranmiyan programme titled: The en-route Rauf Series !!, in commemoration of the 7th Anniversary of the Governor in Osogbo, Osun State… on Sunday.
Stop distracting Buhari, BSO appeals to Nigerians ÏÏÏ President Muham-
madu Buhari’s supporters under the aegis of Buhari Support Organisation (BSO) have appealed to Nigerians to stop distracting the President from laying the solid foundation for physical and social infrastructural development in Nigeria. The warning was contained in a statement by its Enugu State Publicity Secretary, Eze Chibueze yesterday in Enugu. According to Eze, their analysis without being im-
modest wishes to point out two groups of Nigerians who clandestinely pose as patriots; while wittingly or unwittingly their core objectives are meant to distract President Buhari. The statement read further: “One is the group who has canonized the 2014 Jonathan Constitutional Conference as a sacred document, to them adoption of which is the only solution to the myriads of problem of abject poverty, gross unemployment, inadequate electric-
ity supply and lack of democracy at State and local government council tiers of government in Nigeria. “For this pseudo patriots, it doesn’t matter that in all the 36 states of the federation that what we have as parliaments are Rubber-Stamp Houses of Assembly. Houses of Assembly which doesn’t perform oversight functions nor checks and balances. Secondly, that no State Independent Electoral Commission ever conducted free, fair and transparent
election since 1999, even approximate to Professor Maurice Izu’s INEC.” “And thirdly, to worsen matters there is no antigraft agency, to carry out long forgotten oversight functions nor wage strident war against corruption. Yet they clamour for more powers to be devolved, what a paradox?” “The second group are those who canvas for or against Automatic Ticket for Mr President. We are appealing for both to give Mr President a break.”
Restructuring: Buhari must engage in debate, take leadership of APC Kehinde Akinpelu, Ilorin
ÏÏÏ
To lay the agitation for Nigeria’s restructuring to rest, President Muhammadu Buhari has been urged to engage in the debate and to assert himself as the leader of the All Progressives Congress (APC) . Speaking at the weekend during a roundtable on economy and restructuring, organised by National Pilot Newspapers in Ilorin, a professor of Political Science, University of Ilorin, Hassan Saliu, listed lopsided appointment, nepotism and
favoritism and uneven distribution of projects, among others as reasons for the restructuring agitation in the country. According to him, the agitation has large effect on the political direction of the present administration. “The agitation for restructuring is diversionary to President Muhammadu Buhari’s administration, stoking ethic tension and engendering mutual suspicion,” he stated. “To put the restructuring agitation to rest, the President must assert himself as
the leader of the All Progressives Congress (APC) and he should heed the advice of Prof. Bolaji Akinyemi by educating his kinsmen on restructuring. President Buhari should make up his mind on 2014 constitutional conference report.” In his remarks, the Emir of Shonga, Dr. Yahaya Haliru, who was the chairman of the event said for Nigeria to rank high among the comity of nations, there is the need to democratise the vision of its founding fathers. He lamented that Nigeria as a nation is yet to get
it right despite its vast resources “It is so sad that as a nation we are yet to get it right despite the abundance of human and natural resources. As a nation, we need to democratise our vision and we also need to work collectively towards our vision,” he stated. Delivering his paper; ‘An Appraisal of the proposals for restructuring in Nigeria’ Prof. Adigun Agbaje from the University of Ibadan, described the Emir’s position on attitudinal change as the only solution to the nation’s problem.
All Progressive Congress (APC), in Ebonyi State has warned the ruling Peoples Democratic Party (PDP) in the state to desist from its alleged culture of electoral fraud and political violence, during elections,or face the consequence of such nefarious act in 2019. The party said no amount of political thuggery, harassment, attack, and intimidation would make its members run away from the political environment in the state, as “Enugu state belongs to all of us, and we are all equal stakeholders. The state Chairman of APC, Dr. Ben Nwoye,who spoke at Agbani, in Nkanu West local government area of the sate,during the formal defection of some chieftains of the PDP and their supporters to the APC,insisted that the Enugu state PDP led government has failed the people in all ramifications. According to him, the failure was glaring at the Independent Electoral Commission, ENSIEC,which connived with the ruling party, PDP “to steal APC electoral mandate during the November 4, local gov-
ernment election in the state. It was gathered that among the PDP defectors, were a former Commissioner for Justice and Attorney General of the state, Barr. Ifeanyi Nwoga, a one time youth leader, Tony Nwachukwu and Uche Udoko, among others, Nwoye,who stated that his party has put in place the needed structure to send the PDP led administration in the state packing come 2019, noted that the alleged political atrocities committed by the chief Mike Ajogwu led ENSIEC during the November council polls, which led to the abduction and brutalization of his party’s 2015 governorship candidate, chief Okey Ezea, would continue to hurt the commission’s boss, who is a senior Advocate of Nigeria, (SAN). Welcoming the new defectors into APC,national chairman of the party,chief John Odigie Oyegun,who was represented by national Vice chairman of APC South- East zone,chief Emma Enukwu,applauded the courage of the former PDP stalwarts, saying their decision was a wise one.
Igbinedion convocation ceremony: Buhari preaches peace By Titus Akhigbe,Benin
ÏÏÏ
President Muhammadu Buhari has called on Nigerians to maintain peace for the overall economic development of the country. Reading the President’s speech, representative of the Minister of Education, Malam Adamu Adamu, Joel Ojo made the call at the weekend at Okada, in Ovia North East Local government of the state during the 15th convocation/ award ceremony of Igbinedion University, Okada. “Let me reiterate the need to embrace peace in Nigeria at all cost because it is the only way the nation can progress and the cost of war is unquantifiable, we should eschew peace and the federal government will continue to provide security at all fronts to protect the citizen
of the country,” he said. He also noted that the federal government’s determination to bring the desired change in the educational sector remains sacrosant, saying that there is still hope for Nigeria in every sector. “ That was the reason we launched strategic ministerial plan to articulate processes and strategies required to harness indigenous manpower to the realisation of the mandate for positive change the people gave us,” he said. While calling on stakeholders to give maximum support to its effort to transform the education sector, stressing that the federal government recently held presidential retreat on education aimed at making education a necessary tool for economic development.
Monday, November 27, 2017
EXTRATIME
30
Stories by Frank Jumbo with Agency reports uper Eagles coach, Gernot Rohr, is looking for ‘special ball players’ who can hold the ball in tight match situations to play backup roles in his World Cup squad, Completesportsnigeria.com has learnt. According to a close source, the
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Rohr scouts for special players to back up main team German still has some backup positions in some key areas to fill ahead of the 2018 FIFA World Cup in Russia. Those positions are that of Elderson Echiejile, Mikel Obi and Odion Ighalo, according to the source. “Against Algeria, away, the team could not hold the ball well and always ceded possession too easily. A good
team would have punished the Eagles for that,” an impeccable source told Completesportsnigeria.com.? “He (Gernot) admits he has a lot of work to do, but I believe he will succeed due to his good approach. “Firstly, he hopes for a good
draw that won’t necessarily seal our fate before the kickoff of the World Cup itself, a good preparation for the World Cup and some luck.” “Some positions are covered, but he still needs options for other key positions and those areas are very vital.
“In those positions, he is looking out for players with the quality who can play the ball comfortably with their feet when under pressure by the opponents.” Nigeria have been put in pot 4 ahead of the FIFA World Cup draw in Kremelin, Russia on the 2st of December.
Basel defender Akanji hints at Man U move
B
asel central defender Manuel Akanji has revealed he would be interested in a move to Premier League giants Manchester United. Akanji impressed in Basel’s 1-0 win over United this past week and also went the distance when both teams faced off on match day one in the Champions League back in September. Speaking to credit-suisse.com on his expectations in the coming years, Akanji said : ‘’I want to stay healthy, go with Switzerland to the World Cup, and someday play for Manchester United.’’ Having appeared for Switzerland at U20 and U21 level, Akanji was still eligible to represent the Super Eagles until June 2017 when he made his competitive debut for the Rossocrociati in their 2-0 win over Faroe Islands in a World Cup qualifier. Born to a Nigerian father and Swiss mom, he had stops at FC Wiesendangen
and FC Winterthur before transferring to FC Basel in the summer of 2015. Manuel Akanji is the 2017 Credit Suisse Rookie of the Year.
Akanji
Agu
Eagles keeper Akpeyi injured
T Akpeyi
he Super Eagles shot-stopper was rushed to the hospital after coming off badly from a challenge in a league fixture at the Nelson Mandela Bay Stadium Daniel Akpeyi was injured in Chippa United’s 0-0 stalemate with Mamelodi Sundowns in Saturday’s South Africa Premier Soccer League encounter. The 31-year-old received a knock to his neck during a corner kick situation in the 62nd minute. Prior to being taken off for Brighton Mhlongo in the 68th minute, the muchmaligned Nigeria goalkeeper put in a decent shift to keep their enterprising visitors at bay. Compatriot James Okwuosa also delivered a Man of the Match display as he was part of a resolute Chilli Boys defence that prevented the Brazilians’ dangerous trio of Percy Tau, Khama Billiat and Sibusiso Vilakazi. While the duration of Akpeyi’s neck injury has not been disclosed, it is yet to see if he would be available for coach Teboho Moloi in Tuesday’s league encounter against Baroka. The former Warri Wolves goalkeeper has played nine games, conceded only four goals and kept five clean sheets. Chippa United are sixth in the PSL log after garnering 16 points from 12 games.
Agu happy with successful knee surgery
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uper Eagles midfielder Mikel Agu has successfully undergone an arthroscopic menisectomy surgery on his right knee. Agu, a Bursaspor loanee from Porto, sustained the injury while in action for the Turkish Super Lig side and aggravated it during training with the Super Eagles prior to their games against Algeria in a dead rubber World Cup qualifier , and the international friendly against Argentina which he pulled out of from. “Yes I have gone for the surgery and I hope to start my rehabilitation this week,”Agu tells Completesportsnigeria.com. Agu also admits that the injury is a setback for him but vows to battle through it to return to reckoning for club and country. “It going to be Tougher, but I’m hopeful of getting back to the team.”
Monday, November 17, 2017
EXTRATIME
31
EURO…EURO…EURO… EURO…EURO…EURO… EURO…EURO…EURO… EURO…EURO…EURO…
Lewandowski
Lewandowski’s wife hints at MLS move
T Simeone
Atletico Madrid’s ‘positive energy’ is back - Simeone
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tletico Madrid coach Diego Simeone said his team’s “spirits had been renewed” in recent days, when speaking after Saturday evening’s stirring 5-0 La Liga victory at Levante. Simeone’s side were ahead on five minutes through Levante defender Rober’s own goal, with Kevin Gameiro accepting another gift on the half hour mark from the home defence. Gameiro got his second of the game just before the hour mark, with Antoine Griezmann quickly following with two smart finishes in three minutes as a previously goal-shy Atletico shredded a sorry Levante defence. After a week in which his team had drawn 0-0 at home to Real Madrid in La Liga, and beaten Roma 2-0 in the Champions League, the Rojiblanco coach told the postgame news conference that a general improve-
ment in play was now being rewarded and he expected further improvement to come. “These last three or four games the team has been improving, in intensity and pressing and creating chances,” Simeone said. “Today the team’s potential in attack, above all with Griezmann and Gameiro, was present in full. The forwards are more relaxed, and that is renewing their spirits, and bringing positive energy. “We played well against Roma, especially the second half, and from the start today. This will help us to keep improving.” After his club’s first win at Levante’s Ciutat de Valencia stadium in over a decade lifted his team to third place, above Real Madrid on goal difference, Simeone said he had no preference for a result across town on Sunday when leaders’ Barcelona visit second placed Valencia’s Mestalla ground. “If Barcelona win we are closer to Valencia,
Hazard enjoying striking role for Chelsea - Antonio Conte
Southampton crush Everton 4-1
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ntonio Conte believes Eden Hazard is thriving playing up front for Chelsea. The Belgium international impressed playing alongside striker Alvaro Morata in the 1-1 draw at Liverpool on Saturday. The hosts struggled to contain the 26-year-old, who often dropped into midfield to gain possession, and Chelsea manager Conte feels his flexibility is bringing a new dimension to the side. He said: “The start of this season was full of trouble with Eden because he had an injury with the national team and we started the season without him. “Now I think Eden is in really good form and I think he likes to play as a striker. There is a good link with Alvaro and for me also it’s a great opportunity to play with two different systems. “Against Qarabag we played 3-4-2-1 and here we started with a 3-5-2. It’s important we don’t lose our identity in both cases.’’ It was the impact of Conte’s substitutions late in the game that ensured the visitors claimed a point at Anfield. Chelsea were heading for defeat after their former forward Mohamed Salah struck in the 65th minute, his 15th goal since joining Liverpool in the summer. Chelsea, who started with a defensive midfield of N’Golo Kante, Danny Drinkwater and Tiemoue Bakayoko, began to change shape after Cesc Fabregas was introduced on 74 minutes. Pedro came on soon after and another substitute, Willian, claimed the equaliser five minutes from time.
or if Valencia win we are closer to Barca,” he said. “There are still many games to play. “I am only interested in Atletico Madrid winning here, at a ground we had not won for a long time. This was a very important game for us to win. “I was most impressed by the work of the group. They all want to keep improving, the big players and the youngsters all competing and making it more difficult for me all the time.” Atletico have not been beaten in any of their first 13 La Liga games this season, the longest run in the club’s history. Simeone said the key was facing each match in the same way, including Wednesday’s Copa del Rey last 32 second leg at home to third tier Elche. “We do not think where we are playing, we always have the same intensity and motivation to win,” he said. “We must just think about our day to day, and next for us is Elche.”
he Bayern Munich striker is hoping to end his career with one of the league’s Los Angeles teams, according to his wife Robert Lewandowski to Major League Soccer? According to the star striker’s wife Anna, that’s part of the plan. The Bayern Munich man remains one of the world’s best attackers, having netted 13 goals in 13 Bundesliga games this season for the reigning Bundesliga champions. However, the Lewandowskis have an eye to the future, says the striker’s wife Anna Lewandowska, who is a health food blogger and owns the company “Foods by Ann”. And that future includes time in the United States. “We dream of Los Angeles. That’s where we want to develop our brands,” Anna told Business Insider Poland. She added: “We hope Robert will end his career at a club in Los Angeles and we can say it would be our dream.” While in the past that would have meant Lewandowski’s dream destination would been solely the LA Galaxy, expansion franchise LAFC will begin play in 2018, providing another potential option. The new side has already made waves by bringing in Mexico international Carlos Vela from Real Sociedad for their debut season. Meanwhile, the Galaxy struggled this season despite the presence of Vela’s international teammates Giovani and Jonathan dos Santos along with Frenchman Romain Alessandrini. But the good news for the Galaxy is they will likely have time to improve their sales pitch. Lewandowski’s contract runs through 2021, so it would be a surprise to see the 29-year-old make the jump across the Atlantic anytime soon.
Conte
anagerless Everton suffered further misery as Charlie Austin’s brace for Southampton condemned them to a 4-1 defeat at St Mary’s. Saints manager Mauricio Pellegrino finally handed Austin a chance from the start and he repaid the new-found faith shown in him by converting two second-half headers, with a late Steven Davis effort completing the scoring. Dusan Tadic had put the hosts ahead only for David Unsworth’s Everton, showing eight changes to the side humbled 5-1 by Atalanta in the Europa League on Thursday, to level in spectacular style through Gylfi Sigurdsson. Austin had not scored a league goal in open play in almost a year, netting the only goal in victory over the Toffees at St Mary’s 364 days ago. But Pellegrino picked him ahead of Manolo Gabbiadini as Southampton finally found their form in front of goal, having hit just nine goals in their previous 12 league games heading into this game. Everton were as bad as their form and league position of 16th suggests, Sigurdsson’s strike a standalone moment of class on another afternoon of anguish for caretaker boss Unsworth. Austin blazed high and wide when stretching for a chance inside the box as Saints looked to take advantage of Everton’s fragile confidence by striking early. The visitors were gifted their first opportunity as Tadic presented the ball to Aaron Lennon, who ran at the Southampton defence with the ball eventually finding its way through to Kevin Mirallas with the Belgium international shooting wide.
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Business Times Daily Times Nigeria
VAIDS: FG deploys over 1,700 CTLOs to states - Adeosun
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Finance, consumers good, services sector lift turnover with 143.82m shares Page B5
Monday, November 27, 2017
Linkage, NEM, Custodian lead week’s top gainers’ list Page B6
PENGASSAN supports NNPC’s exploration in Inland Basins By Idu Jude, ƂƏƇ
L-R: Chairman, International Chamber of Commerce, Nigeria Banking Commission, Chief (Dr.), Raymond Ihyembe, Chairman, international Chamber of Commence Nigeria (ICCN), Mr. Babatunde Savage, Chairman, STB McCan, Sir. Steve Omojafor and Vice Chairman, ICCN, Arbitration commission, Mr.. Dele Belgore, during 2017 Annual dinner and Dance of ICC Nigeria, held in Lagos.. on Friday. Photo: WALE AKINOLA
Finance ministry denies granting duty waivers to importers, others Ïz ƍ Ɔ Ǝ Ɗ ƉƆ Ɔ ƕƄ Ə
Ganiyu Obaaro The Federal Ministry of Finance has said that it has always complied with the statutory procedures before granting import duty waivers. The ministry, has therefore, said that it was aware of attempts by some importers and Non-Government Organisations (NGOs) to malign the name of the Honourable Minister of Finance, Mrs. Kemi Adeosun, and the ministry over spurious claims of refusing to grant import duty waivers in respect of drugs, health commodities and related equipment donated by the Global Fund. Recall that The Daily Times had exclusively reported on Thursday that some NGO had alleged that
BUSINESS TIMES Business Editor Ganiyu Obaaro Asst. Business Editor Simon Ugwu Capital Market Editor Bonny Amadi
some donor drugs were incurring demurrahage at the ports. According to a statement signed by the Director of Information, in the Ministry, it said that, “The ministry strongly denies that the minister has refused to grant import duty waivers to some importers and NGOs for drugs and health commodities imported into the country. “ There are laid down statutory procedures governing the granting of import duty waivers to importers and NGOs, which are part of holistic measures put in place to check abuses of the Federal Government’s fiscal incentives, and to put a halt to rampart corrupt practices in the economic sector. “ These procedures include submission of an application by the importer and NGO to the Federal Ministry of Finance through the Federal Ministry of Health; evidence of registration with the Corporate Affairs Commission; submission of an approved Memorandum of Understanding duly signed by the Honourable or the Honourable Minister of State, Budget and National Plan-
ning between the Donor Agencies, Federal Government of Nigeria and the Recipient-NGOs, presentation of a certificate of exemption from tax from the Federal Inland Revenue Service (only for those who engage in non-profit making activities in line with their objectives), submission of a proforma invoice indicating the value of the imported items, bill of laden and if the imported items are donated, the NGOs are required to provide the Federal Ministry of Finance with authenticated letter from the donor agencies.” The ministry said, “Additional documentation may also be required where the need arises. Meanwhile, some of the applicants referred to in the sponsored write-up being planned for circulation did not submit the required documents for processing import duty waivers requests “The Federal Ministry of Finance has in recent times observed the flagrant abuse of the import duty waivers by some NGOs and importers, who smuggled other imported items into approved waivers issued for the importation of medical equipment and drug related items. “The ministry has also observed
that some importers and NGOs engage in the sale of imported drug items, which are meant to be distributed to the public free after being granted import duty exemption by the government. This is in contravention of the provisions of Section 46 of the Customs and Excise Management Act (CEMA) of 1958 (as amended). “For the avoidance of doubt, the Federal Ministry of Finance wishes to state that priority and special attention are always accorded requests for import duty waivers for medical equipment and drugs related items. As a matter of fact, 318 concession applications were received and 175 were processed to conclusion from 1st May to 24th November, 2017. The statement said, “The Federal Ministry of Finance also wishes to state that the President Muhammadu Buhari Administration appreciates the generosity of Donor Agencies and partner NGOs in the fight against the spread of HIV/ AIDS, Malaria, tuberculosis and other deadly diseases but will not succumb to cheap blackmail and acts of economic sabotage under the guise of the delivery of health services to the people of Nigeria.”
The Nigerian National Petroleum corporation NNPC, has been commended of its efforts by visiting PENGASSAN leadership on its efforts to return Nigeria refineries to full profitability just as the corporation has said it embarks on exploration in inland basins across the nation. PENGASSAN National President, Comrade Francis Johnson, stated this Tuesday, in Abuja, when the National Working Committee (NWC) of the union paid a courtesy visit to the NNPC Group Managing Director, Dr. Mikanti Baru. He said the yeoman job being undertaken by the NNPC with regards to the frontier basins would benefit the nation ultimately. Johnson said the union’s fervent prayer was for a breakthrough to be achieved in the Corporation’s exploratory efforts in the basins. The Management of NNPC under the leadership of Baru, has in recent time, embarked on aggressive exploratory operations in the nation’s frontier basins of the Chad Basin and Benue Trough in line with the aspiration of the Administration of President Muhammadu Buhari to increase the reserves base of the country. . Baru, since assumption of office last year, has drummed up support for the exploration activities with critical stakeholders in Bauchi, Borno, Sokoto and Nassarawa State. In Nassarawa State recently, he disclosed that NNPC’s Frontier Exploration Services (FES), a services company of the Corporation, had mobilized the Integrated Data Services Ltd (IDSL), (an Upstream arm of the NNPC) to acquire seismic data in the Benue Trough commencing from the Keana area. At the visit to the GMD, the PENGASSAN National President also commended the NNPC GMD for collaborating with other government agencies and critical stakeholders to bring about efficiency in the Petroleum Industry, adding that his efforts has also led to the improved products supply situation being enjoyed in the country. Comrade Johnson said the NNPC Management was capable of returning the refineries to profitability, while expressing the union’s confidence on the Corporation’s effort in that regard.
Business News B2
Daily Times Nigeria Monday, November 27, 2017
L-R Ayeni Oluwaremilekun Vconnect Global Services, Ozuomba Ozumba Mbadiwe, CEO Enjoy Lagos, Iyad Grizi, Oseioka Ozumba Mbadiwe, Jumoke Awe and Bode Marshall, Business Development Director, Enjoy Lagos, at a recent event...in Lagos
Nestlé’s register closure begins today
Bonny Amadi
Nestle Nigeria Plc has announced that its register for interim dividend payment will close on Monday 27th November to 1st December, 2017. This will be followed by payment of the proposed interim dividend on 11th December, to members of the company whose names appear in the register by the date of its closure. Nestle Nigeria proposed interim dividend of 15.00 Kobo per share, of which qualification date is 24th November, 2017. Nestle Nigeria reported Q3 2017 results, which showed that sales grew by 29 per cent y/y to N63.3bn, while PBT also rose by 117 per cent y/y. PAT to N10.0bn, compared with a loss after tax of –N51million in the corresponding period of 2016. During the quarter, Nestle introduced a new product, Milo ready-to-drink, into the market. Similar to Q2, Q3 profitability was boosted by a gross margin expansion of 433bps y/y to 43.5%, which primarily, could be attributed to relatively cheaper access to fx for imports. The big downside to this set of numbers was an fx loss of –N6.0bn in Q3 (-N11.2bn in 9M 2017), which compares with an fxrelated loss of –N6.3bn in Q3 2016 (-N19.4bn in 9M 2016). The fx loss was, however, not sufficient enough to offset gains coming through from topline growth and the gross margin expansion. Sales for both Nestle’s Food and Beverage categories were up by around 28% y/y to N39.1bn and N24.2bn respectively. Sequentially, while sales were up 4.2% q/q, PBT came in flattish, mainly on the back of the reported fx loss of –N6.0bn, which compares with –N4.1bn in Q2. PAT declined -22% q/q, due to a comparatively higher tax expense in Q3.
NCAA, not ICAO implemented Abuja, Lagos airports’ certification - Aviation Ministry Chukwuemeke Iwelunmo The Ministry of Aviation weekend clarified, that the certification of the Nnamdi Azikiwe International Airport, NAIA, Abuja and Murtala Mohammed International Airport, Lagos were implemented by the Nigerian Civil Aviation Authority (NCAA) contrary to reports that the two airports were certified by International Civil Aviation organization (ICAO). A statement issued by the Aviation Ministry, yesterday, signed by the Deputy Director, Press & Public Affairs, James Odaudu stated: “Kindly recall the recent certification of the Murtala Muhammed International Airport, Lagos and the Nnamdi Azikiwe International Airport Abuja,
which are milestones in the nation’s aviation industry.” “However, contrary to reports that the certification of the two airports was implemented by the International Civil Aviation organization (ICAO), it is pertinent to clarify that the exercises were carried out by the Nigerian Civil Aviation Authority (NCAA)”, it added. It added that the respective certifications were in line with Nigerian Civil Aviation Regulations (NCARS) Part 12, ICAO Standards and Recommended Practices and provisions of Annex 14. The ministry said it expresses absolute confidence in both the Nigerian Civil Aviation Authority and the International Civil Aviation organization (ICAO)
to continue their regulatory duties in the government’s drive towards repositioning the sector. On September this year, the NCAA certified the Federal Airports Authority of Nigeria (FAAN) as the certified aerodrome operator for the provision of required airport services, facilities, systems and equipment at Murtala Mohammed Airport, Ikeja, Lagos, in line with international standards and recommended practices. The certificate, which was presented to the Managing Director/ CEO of FAAN, Engr. Saleh Dunoma by the Director General of NCAA, Captain Muhtar Usman at the NCAA headquarters in Lagos, attracted the presence of aviation stakeholders, including agencies, directors, general man-
agers of aviation parastatals, management of MMA2, media, amongst others. Similarly, in early November this year, NCAA also certified the Nnamdi Azikiwe International Airport (NAIA), Abuja. The apex aviation regulatory handed over the certificate to the Federal Airports Authority of Nigeria (FAAN) recently, as a confirmation that the airport has met the International Civil Aviation Organisation ICAO standards. The certification of the NAIA brings to two the number of certified international airports in Nigeria, as the current minister had promised after taking office that this administration would ensure that all airports are certified.
Longer term prospects supported by capital raise Increase to earnings estimates: Unilever Nigeria successfully raised N58.9bn via a rights issue in September, adding 1.96bn shares to the existing 3.78bn shares. Management disclosed that the funds will be used to repay intercompany loans, support working capital and for capacity expansion. Between 2014 and 2016, the company went through challenges, mainly due to the macroeconomic difficulties in the country and recorded PBT as low as N1.8bn in 2015 (versus an average PBT of N7.1bn between 2009 and 2013). However, due to the steady pick-up in the economy and the favorable CBN policies that have made sourcing of FX easier, our
view on the company has started to turn positive, even more so due to the anticipated expansion plans which we have reflected in our model. The company’s loan book reduced by -60% q/q in Q3 2017. We expect this reduction to lead to lower finance charges. The company’s most recent (Q2 and Q3 2017) results surprised positively. As such, we have raised our earnings estimates over the 201718E period significantly and our price target by 10% to N36.1. Despite rolling over our DCF valuation to 2018, the increase to our price target is slimmer mainly due to increased WACC, following the capital raise. Unilever shares are trading on a 2017E P/E of 19.1x for EPS
growth of 13% y/y in 2018E. This year, the shares have returned +25.7% ytd (NSEASI: +36.5%) Our price target implies a downside potential of -10%. We have retained our neutral rating on the stock however because we believe the deleveraging and expansion are supportive for the longer term. Q2/Q3 2017 PBT and PAT up significantly: Q3 2017 results showed that sales and PAT of N24.0bn and N1.1bn grew by 37% y/y and 143% y/y respectively. PBT of N1.8bn compares with PBT of N24m reported in Q3 2016. Although net interest charges and operating expenses advanced by 8% y/y and 39% y/y respectively, these negatives
were not strong enough to offset the y/y sales growth and a 661bp y/y gross margin expansion, leading to the strong bottomline. The growth in PAT was slower because of a tax expense of –N630m compared with a tax credit of N450m in Q3 2016. In Q2 2017, sales of N22.9bn grew by 48% y/y. PBT and PAT of N2.9bn and N2.1bn compare with Q2 2016 PBT and PAT of N68m and N52m respectively. Although net interest charges advanced by 318% y/y, this was not strong enough to offset the strong y/y sales growth, a 532bp y/y gross margin expansion and a minuscule y/y decline in operating expenses, leading to the strong bottom-line.
Daily Times Nigeria Monday, November 27, 2017
SON: Reps may sanction agency over seizure of certified products Ganiyu Obaaro The House of Representatives Committee on Public Petition has frowned at the failure of the Standard Organisation of Nigeria (SON) to appear before its members over the seizure of manufacturing machines and finished products belonging to D and K Golden City Investments Limited in Anambra State. The company, in its petition to the House, accused SON of refusing to comply with orders of the Federal High Court, Awka, dated, February 27, 2011; and December 8, 2014, in suit numbers FHC. AWK/CS/37/2011 and 1269/2014 to release the seized items. According to Mr. Chike Onyeali, representative of D and K Golden City Investments Limited, the petition is in defense of illegal activities of SON against manufacturing companies in the country. According to the News Agency of Nigeria (NAN), Onyeali said that on December 21, 2016, SON officials invaded the company’s premises located at kilometre 3, Onitsha-Owerri Road, Obosi, Anambra State; and carted away manufacturing machines, raw materials, 1,895 cartons of Dorco disposable shaving stick and 1, 520 Best Clean tooth brush. He expressed worry that the items were carted away under the guise of being fake and substandard products. Onyeali, while condemning SON’s action, said that the seized products had quality certification on them. “SON based its action on the pretence that it is midwife certification standard in Nigeria when in actual fact they lack the competence and expertise to run those test indices for which they sent us to Intertek Offshore, who are experts in parameter testing. “We have taken our products to Intertek, they have examined them, issued result and directly sent it to SON, but SON overlooked it. “But, since they have declined to be here, we have closed our case and made a formal application that a subsisting order be made in our favour that they proceed forthwith to unseal the company premises which SON sealed since 2016 with employee of over 200,’’ Onyeali said. Chairman of the Committee, Rep. Uzoma Nkem-Abonta, said that the committee would go ahead to close the case due to nonappearance of SON on the matter. “This appears to be the ninth sitting on this matter; and each time they have deliberately whittled down the supervisory indices of the House; and this appears to be very embarrassing; and they cannot be taking the National Assembly for granted. “Since they have declined to be here we have no other option than to close the case and write our report to the House,’’ Nkem-Abonta said.
B3
Business News
Customs boss, commends Ogbeh on Agric training for officers
Tom Okpe Abuja
The Comptroller General of Nigeria Customs Service, Col Hameed Ali(retd), had lauded the Minister of Agriculture and Rural Development, Chief Audu Ogbeh for organising agricultural training for officer and men of the Nigerian Customs Service (NCS) Describing agricultural sector as having a pre-eminent role in boosting Nigeria’s economy, Ali noted this when he led a team of senior officers of his command on a visit to Ogbeh, in Abuja, at the week end. Ali, who pledged the continued work of Customs “to protect this country” and to ensure that the
minister’s passion succeeds, also explained that “our major contribution is to ensure that we can reduce to the barest minimum the importation of rice” so that the rice that is grown here is sold. According to Ali, curbing the “Importation of things like poultry, prohibited from our own country as illicit items is our primary mandate and we going to continue to do it diligently to ensure that our own economy improves and we are able to feed not only ourselves, but the whole of Africa and the whole world.” “Let me underscore the importance of your ministry, Ali said, acknowledging that “one of the very innovative steps” the minister took was “to sensitise government officials on the importance
of agriculture.” He thanked Winnie Ochinyabo “for championing the cause of this sensitisation. We’ve had a very good session with her at the Customs’ headquarters. I sincerely appreciate that move sir and I thank you most profoundly for that.” According to the Customs boss, “the privilege we have had to listen to what has happened has generated the interest of virtually everybody that was there to now look towards agriculture. That same opportunity should be given to our own people that are outside Abuja.” He therefore requested for visits to Customs officers at their zonal offices. Reflecting on the increasing passion for agriculture by officers of the Customs services,
Ali acknowledged that, on “the little that we have been able to talk to them when they came for the meeting, everybody has expressed interest.” He drew attention to the increasing number of hitherto poor farmers who paid for hajj operation. The minister, in response, affirmed that, as a country, Nigeria “made some serious mistakes for nearly thirty years, becoming a nation of importers. No country ever became strong by being totally import-dependent. And no country is strong without being able to feed itself.” He expressed solidarity with the Customs men, saying, they “are taking the risk of protecting our border,” and, in the process, many of them “get killed by ruthless smugglers.”
The Honourable Minister of Finance, Mrs. Kemi Adeosun, addressing lawyers, accountants and other professional advisers during the workshop organised by the Federal Ministry of Finance, Federal Inland Revenue Service and Joint Tax Board for the advisers on Voluntary Assets and Income Declaration Scheme (VAIDS), held at the Federal Palace Hotel, Victoria Island, Lagos… at the weekend
Enjoy Lagos to launch Africa’s first ever tourism mobile application Mutiat Alli Desirous to foster economic growth through brand awareness and increased patronage of local businesses, Enjoy Lagos, is set to inaugurate Africa’s first ever tourism mobile application. The product, which will stimulate the local and national economy, offers offering attractive discounts to shoppers, organizing private tours, booking flights and honeymoon packages, nearest ATM, emergency points etc for tourists and residents of Lagos State. The Mobile Application will be available for download officially in all play stores and Apple stores
from the 1st of December, 2017; and would be inaugurated officially on the 23rd of December, 2017. According to CEO/Founder, Enjoy Lagos, Iyadi Grizi, the mobile app would be downloaded by everyone who lives and visits Lagos state. He added that, “It answers the frequently asked questions like where to find the nearest restaurant, nearest ATM, nearest filling station, nearest police station, weather reports and lots more.” Iyadi said, “This is a pocket size- friendly guide and Tourism app, which is a must have for anyone in Lagos, as either tourist or indigene.” The Enjoy Lagos Mobile Application has 4 categories: Deals and
offers, Lagos Tours, Lagos State and Enjoy Lagos. The Application will feature 100s of millions from retailers and businesses in Lagos and Africa. The app would be Location enabled to tell the users where and how much discount the retailers in that location are offering; the CEO informs. According to Iyadi, there is an Enjoy Lagos Coupon Book, which is a quarterly publication that helps businesses to increase brand loyalty and awareness while boosting retail sales. “The 2nd edition of the Enjoy Lagos Coupon Book (Christmas Special) is out and been distributed around Lagos. The coupon book is valid from the 1st of November, 2017, till the 14th of February, 2018. The second edition of
the Enjoy Lagos Coupon book is being distributed at airports, by Airlines, embassies, from 300 plus merchants’ locations.” Iyadi also informed of partnerships with top banks and corporate bodies in the country, such as The United Bank for Africa, who has been with Enjoy Lagos since the preparation of the release of the 2nd edition to design a mobile app, which can promote 10s of thousands of clients, with incentives like The automatic current account opening, the cheque book, QR reader and promotion of outstanding discounts on their digital platform. He said, “With the help of the United Bank for Africa, Enjoy Lagos is taking the project from Lagos to Africa.”
Money Market B4 Stories by Ganiyu Obaaro The Federal Government has recruited and trained 2,190 Community Tax Liaison Officers (CTLOs) under the Voluntary Assets and Income Declaration Scheme (VAIDS), the Honourable Minister of Finance, Mrs. Kemi Adeosun, has said. The minister has also confirmed the review of the tax profiles of companies that received major payments from the Federal Government in the last five years. In a statement by the Special Adviser, Media and Communications, to the Minister of Finance, Mr. Oluyinka Akintunde and made available to The Daily Times, Adeosun made this disclosure at the weekend in Lagos, at a workshop organised by the Federal Ministry of Finance, Federal Inland Revenue Service and Joint Tax Board for lawyers, accountants and other professionals advising clients on participation in the VAIDS. She confirmed that a total of 1,710 CTLOs have been deployed to
Daily Times Nigeria Monday, November 27, 2017
VAIDS: FG deploys over 1,700 CTLOs to states - Adeosun
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33 States, out of 2,190 tax officers recruited and trained to raise awareness about the scheme and taxation in general. The CTLOs are currently operating in Adamawa, Cross River, Delta, Edo, Enugu, Kaduna, Kwara, Lagos, Nassarawa, Niger, Ogun and Oyo, among others. VAIDS, an initiative of the Federal Ministry of Finance in collaboration with the State Tax Authorities, is a revolutionary programme that provides tax defaulters a nine-month opportunity to voluntarily and truthfully declare previously untaxed assets and incomes. The tax amnesty period is expected to lapse on March 31, 2018.
Job creation is one of the spinoffs of the VAIDS initiative, with the scheme expected to create a total of 7,500 opportunities for Nigerians as CTLOs through the N-Power scheme of the Federal Government. According to the statement, “Adeosun asserted that there was no hiding place for tax evaders residing in Nigeria or abroad, noting that the Federal Government had put in place a data mining mechanism to fish out evaders.” The Minister said, “The unique cooperation between the various arms of Federal Government, State Governments and Foreign Governments has provided an unprecedented level of data that allows the Nigerian Gov-
ernment to profile taxpayers accurately and identify those whose lifestyle and assets are not consistent with their declared income. “A lot of data mining is going on daily, both locally and internationally, on property ownership and other items. Data is an extremely powerful tool that is now being utilized. For instance, we have reviewed all companies that received major payments from the Federal Government in the last 5 years and found that even those who made money from government, under-declared.” The Minister further noted that the government’s tax compliance team had looked at import records and compared the value of goods imported to the tax declarations of the importers, but the
discovery was worrisome as “the variance was disturbingly wide”. “On personal income taxes, we reviewed property and company ownership as well as registration of high value assets and foreign exchange allocations, which gives us a sense of the lifestyles of the persons. “But again, we found major noncompliance. In some cases, people declared as little as N10 million as income but purchased expensive property overseas and in Nigeria, registered high specification vehicles and funded luxurious personal events costing multiples of the declared income.
PTAD verifies 5,000 pensioners in Delta
L-R: Incoming President, Medical Women’s Association of Nigeria, Lagos Chapter, Dr. Omowunmi Bakare; Patron of the association, Mrs. Bolanle Ambode; Senior Special Assistant to the President on Sustainable Development Goal/key note speaker, Princess Adejoke Orelope-Adefulire; and Chairman of the occasion, Prof. Akinsanya Osibogun during the association’s 20th Biennial Conference/AGM in Lagos…on Friday. Photo: WALE AKINOLA
NAFEX transactions turnover hits $1.06bn in one week Ï M ƈƏ ƐƆ ƗƈƆ ƅƏ 0 ƌ ƏƊƆƐ è ƋƈƇƐƆƗ Ƅƕ ƾƤƣêÖ Motolani Oseni
The Nigerian Autonomous Foreign Exchange (NAFEX) widow, recorded total turnover trade of $1.06 billion in just one week, between Monday 20 November and Friday 24 November 2017, findings by the Daily Times Nigeria have revealed. However, the Naira, at the end of Friday sustained the slightly appreciated rates declared on Thursday against the three foreign currencies across the forex markets, as the Central Bank of Nigeria (CBN) continued to bridge the gap be-
tween parallel market and official market rates with injections of $287.89 million into the currency market to meet request for industries, while extending efforts to boost liquidity and alleviate shortages. The NAFEX, at the beginning of the week under review declared total transacted figure of $346.36m, represented the second highest turnover in the week, and better than $266.41m sold in the corresponding period last week, but recorded the lowest for the week on Tuesday with $78.48m traded figure. At the close of Wednes-
day trading activities, the mid week trading closed at a rebounded figure of $234.23m turnover, compared to $96.43m stood last Tuesday. Although, it relapsed the following day to close at $214.84m, weaker than 359.53m sold on a week ago and dropped further to close the week at $179.78m, compared to $346.36m transacted the previous Friday. The local currency, Naira, over the weekend stood steadied against the thtee major foreign currencies at 475 to the Pound the same rate it was exchanged since the mid week, and 425 to the
Euro at the parallel market. The local currency, also, remained unchanged at 364 per dollar at the unofficial forex, but closed high at the unofficial FX market at 305.85 stronger than 305.90 sold on Thursday. However, the NAFEX, otherwise known as Importer & Exporter FX widow, rebounded with an open rate of 359.52 against 359.97 recorded on Thursday, weaker than 359.66 sold on Wednesday; and N359.51 recorded on Tuesday, but was unchanged at 360.65 sold the previous day, but lower than 359.87 declared earlier in the week.
The on-going pension verification exercise has been extended to Delta State beginning with pensioners of Delta Steel Company and Federal Housing Authority involving more than 5,000 pensioners. Cross -section of pensioners doing documentation during verificationAnother sect of pensioners doing undergoing verificationExecutive Secretary, PTAD, Mrs. Sharon Ikpeazor , embraces some pensioners The Executive Secretary, Pension Transitional Arrangement Directorate (PTAD) Mrs. Sharon Ikpeazor, led the team of verify pensioners under the Defined Benefit Scheme (DBS). According to the News Agency of Nigeria( NAN), PTAD said over 5,000 retirees of the defunct Delta Steel Company (DSC) and Federal Housing Authority (FHA) who retired since 12 years ago, have been verified by the directorate. Ikpeazor, disclosed during the ongoing Parastals Verification of pensioners under the Defined Benefit Scheme (DBS) at the weekend that these retirees will soon start to enjoy their retirement benefits. She said that the exercised commenced on Nov. 20, and was taking place at Orhowhorun, Udu Local Government Area of Delta, adding that the verification would end on Nov. 28. Ikpeazor, who is fondly called “mama pension” said that it was a gross injustice for workers to serve their fatherland; and were denied their retirement benefits.
She assured that as soon as the data collected from the field exercise were verified for quality assurance by the Federal Auditors in PTAD in the next four months, the directorate would commence payment. “I feel very fulfilled that our government under the leadership of President Muhammadu Buhari has been able to come to the aid of retirees of DSC and FHA after 12 years of neglect. “You can see the joy amongst the people because to me one of the greatest injustices is that a worker will serve the country, retired and is not paid. “Payment usually commences four months after verification because the data and the documents collected in the field would be sent to our headquarters in Abuja for quality assurance. “The federal auditors who are situated inside our office go through the computations before payment can be made. And here we are expecting over 5,000 workers to be verified. “So, you can see the magnitude of work to be done. In the next four to five months, we are assuring the pensioners that they will get paid,” she said. The executive secretary also said a mobile verification team of the agency had been detailed to go to hospitals and homes to verify those who were sick or deformed to ensure transparency. Earlier, Mr. Samuel Ikon, member, House Committee on Pension expressed joy at the processes of the verification.
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Capital Market B5 Stories by Bonny Amadi A total turnover of 2.182 billion shares worth N22.795 billion in 17,019 deals were traded last week ended Friday, 24 November, 2017, by investors on the floor of the Exchange in contrast to a total of 2.804 billion shares valued at N54.776bn that exchanged hands in the preceding week in 17,792 deals. The Financial Services Industry measured by volume led the activity’s chart with 1.755 billion shares valued at N11.571bn traded in 8,730 deals, contributing 80.44 per cent and 50.76 per cent to the total equity turnover volume and value, respectively. The Consumer Goods Industry followed with 178.154 million shares
Daily Times Nigeria Monday, November 27, 2017
Finance, consumers good, services sector lift turnover with 143.82m shares worth N8.655bn in 4,457 deals. The third place was occupied by Services Industry with a turnover of 143.821 million shares worth N92,479m in 470 deals. Trading in the top three equities, Wapic Insurance, Zenith International Bank and United Bank for Africa measured by volume accounted for 973.088 million shares worth N5.854bn in 2,493 deals, contributing 44.59 per cent and 25.68 per cent to the total equity turnover volume and value respectively. Also traded during the week were a total of 127 units of Exchange
Traded Products (ETPs) valued at N13,837.30 executed in 5 deals; meanwhile, there were no trades recorded last week. A total of 9,024 units of Federal Government Bonds valued at N9.485m were traded this week in 15 deals, compared with a total of 5,950 units valued at N6.247m transacted last week in 2 deals The NSE AllShare Index and Market Capitalization appreciated by 1.80% and 1.84% to close the week at 37,365.91 and N13.009trn, respectively. Similarly, all other indices fin-
ished higher during the week with the exception of the NSE’s Oil/Gas Index, which depreciated by 1.45%, while the NSE’s ASeM Index closed flat. The equities price advancers table for the week showed that 36 equities appreciated in price during the week, higher than 20 of the previous week. Decliners table showed that 24 equities depreciated in price, lower than 43 equities of the previous week, while one 111) equities remained unchanged higher than one hundred and eight (108) equities
L-R: Executive Director, Grand Products Co. Nig. Ltd, Dr. Sylvester Awache; Managing Director, Ighobemre Showroom, Mrs. Patience Obakponorwe; MD, N. Wasco & Sons, Chief Sydney Nwauwa; MD, Angel Micheal Nig ltd, Chief Mike Edom; MD, Assur Inv. Ltd. Dr. Friday Etuk and Operations Director, Powerflux Nig. Ltd, Bode Akinyimika during the launch of Omaha portable generators in, Alausa, Ikeja, Lagos...at the weekend. Photo: WALE AKINOLA
Waning operating climate challenges FDI - Report The seeming unfriendly business environment crated by revocation of resident permits, by the oil and Gas free Zones Authority (OGFZ), of few companies, which has led to withdrawal of at least 16 companies in from the Onne free trade Zone, reflects harsh operating environment. A report by the SBM intelligence released at the weekend, noted that even as the federal government has assured that the revocation was not political intended, the general investing community may have interpreted it otherwise as it will further give wrong impression on ease of doing business in the country. “The Nigeria Immigration Service(NIS) and the OGFZA, had revoked permits of staff of six companies, including Intels Nigeria (co-founded by former Vice-President Atiku Abubakar), Prodeco International, West Africa Machinery Services, Net Glob-
al System International, MGM Logistics Solutions and Oriean Investment Ltd,” SBM said. It added that, just as the Federal Government had said that the move was not politically motivated, but the public are inclined to believe the opposite. “The FG says the revocation of residence permits of expatriate workers in Integrated Logistic Facilities & Services (Intels) was not politically motivated. OGFZA managing director, Umana Umana said the affected companies failed in their requirements to renew the 2017 operational license, as stipulated by OGFZA laws. According to the report, whenever government needs to explicitly state that a move is not politically motivated, the discerning public is generally inclined to believe the opposite. All the actions of the government around the Intels saga do not point to economic motivations.
Lafarge trading in rights on NSE commences Monday The ongoing rights issues of Lafarge Africa Plc, which acceptance of rights opened on Friday, 24 November, will close on 17th December, 2017, will commence trading of rights on the Nigerian Stock Exchange (NSE), Monday ,27 November. This was coming as the building material and sustainable environment expert has listed supplementary shares on the NSE. The company, in a statement published by the NSE, Lafarge Africa listed additional units of 85,261,220 Ordinary Shares on the Daily Official List of The Exchange on Wednesday, November 22, 2017. The shares listed were issued to shareholders of AshakaCem Plc in exchange for their shares in AshakaCem pursuant to a scheme of arrangement for capital re-organisation between AshakaCem and holders of its fully paid ordinary shares of 50k each dated 26 September 2017. With this additional listing of 85,261,220 ordinary shares, the total issued and fully paid up shares of Large Africa Plc has now increased from 5,490,513,997 to 5,575,775,217 ordinary shares Meanwhile, the company further disclosed that acceptance for its right issues to raise fresh capital, opened on Friday, 24 November 2017, while acceptance list will close on Friday, 15 December, 2017. According to the company, trading in the Rights of Lafarge Africa Plc will commence on Monday, 27 November, 2017, a development it attributes to its delay in communicating the Securities and Exchange Commission (SEC) ap-
N174bn OMO auction raises money market rates ...as bond market remains bearish As the Nigeria’s government continued its quest to continually raise funds to finance its operations and check liquidity, the auction of N174 billion last Friday raise rates of key instruments. Money market rates, which share relationship with liquidity position, rose significantly driven by the N174bn OMO auction conducted by CBN Friday. However, experts have predicted that pressures may begin to build at the long end of the yield curve as investors lock in on attractive yields ahead of FG’s domestic debt issuance next year, just as market activities are billed to to remain the same in the near term following MPC’s decision
to keep monetary parameters unchanged. Meanwhile, following th e OMO auction, Friday, Overnight (OV) and Open Buy Back (OBB) rates increased by +2063bps and +1900bps respectively to close at 32.58 per cent and 30.83 per cent. While, NIBOR rates were not available as at the time of filling this report, at the OMO’s auction, the Central Bank of Nigeria (CBN), sold N140m for 90-day bill at a stop rate of 15.00 per cent and .N173bn for 209-day bill at a stop rate of 17.65 per cent. Also, the bond market was generally bearish, with the 5yr bond declining 4bps to close at 14.51 per cent. So did the yield on the 7yr and 10yr benchmark bond remain flat
to close 14.73 per cent and 14.81 per cent, respectively. The Naira appreciated +0.01 per cent to close at N360.25 against the USD. Nonetheless, it shed -0.26% and -0.61 per cent to close at N478.84 and N428.05 against the GBP and EUR respectively at the I&E FX window. At the parallel market, the NGN closed flat against USD and GBP at N364 and N475. Similarly, it closed unchanged against the EUR at N425. On the projected trend in forex market, Investment One analysts said: “In our opinion, we expect the recent Eurobond ($3bn) issued and the accretion in foreign reserves should continue to support the local currency in the FX market.”
Insurance B6
Daily Times Nigeria Monday, November 27, 2017
Cross River State Governor, Professor Ben Ayade (Right) receiving Environmental Safety Reflective Vests from General Manager, South-South, South-East and Mid-West, Sterling Bank Nigeria, Mr Emmanuel Emefienim during a courtesy call on him in Government House, Calabar...yesterday
Linkage, NEM, Custodian lead week’s top gainers’ list
Stories by Bonny Amadi
Three insurance companies returned value to their shareholders in terms of equity price appreciation, as the sector accounted for 30 per cent of the top 10 gainers companies for the week. While Dangote Sugar led the top 10 gainers for the week with 20.31 per cent or N2.91 increase to close trading at N17.24 per share, Linkage Assurance placed second on the gainers’ table with 14.29 per
cent or N0.08 growth in equity price, closing at N0.64 per share. While International Breweries placed third on the gainers’ table with 11.97 per cent or N6.20 increase in share price, to close at N58.00 per share, N.E.M Insurance CO (NIG) with capital appreciation of 9.77 per cent or N0.13 placed forth on the NSE’’s gainers’ table for the week, as it closed higher at N1.46 per share. The top ten gainers table for the week further showed that
Unilever Nigeria placed 5th on the table with 9.07 per cent or N3.40 growth in equity price to close at N40.90 per share, Nigerian Aviation Handling Company followed with 8.03 per cent or N0.04 to close higher at N3.90, Neimeth International Pharmaceuticals gained 7.02 per cent or N0.04, closing at N0.61 per share, while Custodian and Allied gained 6.67 per cent or N0.25 to close higher at N4.00 per share. ETERNA PLC and Fidelity bank closed the top 10 gainers’
table for the week with 6.38 per cent; and 6.25 per cent gains to close at N4.00 and N1.70 per share, respectively. However, only on insurance company emerged in the top 10 decliners list for the week, indicating the high returns the lowly priced sector stocks promises investors. LAW UNION AND ROCK Insurance as the 6th worst performing stock for the week in terms of equity pricing,declined by 6.15 per cent or N0.04 to close lower at N9.61 per share.
2018 budget to lift insurance -Orimolade Law Union & Rock Insurance Plc, Managing Director, Mr Jide Orimolade, has expressed confidence that the N8.612 trillion national budget would support Insurance Industry growth. Orimolade, disclosed recently in Lagos that the budget for 2018, if cautiously executed would enhance growth of Nigeria’s insurance industry. “With improved revenue, decrease in domestic borrowing (as the government has planned to reduce their borrowing share to 60 percent domestic and 40
percent foreign), with signal of decrease on interest on Treasury bill, there would definitely be an improvement in economic bubbling. Customer purchasing power is expected to increase” he had said. The MD added that the budget proposal of N8.612 trillion, which shows an improvement on capital expenditure of 30.8 per cent of the budget, and rising oil price of above $60 per barrel, while budget proposal benched mark it as $45, reflects the sturdiness of the budget. He said,“All things being
equal, the insurance is expected to have a better share, better penetration and improve gross premium written in coming year.” The management of Law Union and Rock Plc, on Monday, said its targeting to grow its gross premium written in 2018 by 35 per cent. In achieving this, he said the company plans to re-position itself in the engineering sector; and tap into the opportunities provided in the 2018 budget. He said that the 30.8 per cent share of capital expenditure signal that a lot of activities,
which would required insurance service better than 2017 should be expected. Speaking further on retail business, he said, “In 2018, we are going to be committed to effective distribution of most of our retail products. Most of them have already been deployed on our e-platform to make it easily available to the customers.” On awareness creation, Orimolade s said the company would be looking at how to improve its image, brand visibility in the market.
WAPIC: Turnover lifts week’s volume by 657.30m shares For the week ended 24th November 2017, WAPIC Insurance emerged the most traded insurance stock, pulling a total of 657,285,297, million shares, reflecting about 97 per cent of the total turnover by the sector for the week. WAPIC, which traded at N0.50 per share, in 135 deals, recorded a turnover of 657,285,297 million shares valued at N328, 647,893.65bn the company’s turnover, which reflected earning opportunities, boosted the Nigerian Stock Exchange’s (NSE’s) volume for the week, as trading in the top three equities, Wapic Insurance, Zenith International Bank and United Bank for Africa measured by volume accounted for 973.088 million shares worth N5.854bn in 2,493 deals, contributing 44.59 per cent and 25.68 per cent to the total equity turnover volume and value respectively.
Daily Times Nigeria Monday November 27, 2017
Stories by Godwin Anyebe Corporate Social Responsibility (CSR), has become one of the standard business practices all over the world. For companies committed to CSR, it means kudos and an enhanced overall reputation – a powerful statement of what they stand for in an often cynical business world- to their unique role. The establishment of a CSR strategy (sometimes referred to as a sustainability strategy), is a crucial component of a company’s competiveness and something that should be led by the firm itself. This means having policies and procedures in place which integrate social, environmental, ethical, human rights or consumer concerns into business operations and core strategy – all in close collaboration with stakeholders. For companies, the overall aim is to achieve a positive impact on the society as a whole, while maximis-
B7 CSR
How stakeholders’ activities impact CSR ing the creation of shared value for the owners of the business, its employees, shareholders and stakeholders. Indeed, not so long ago, the European Commission, defined CSR as “the responsibility of enterprises for their impacts on society,” a succinct and distinct summation for sure. And yet, despite the positivity and optimism that CSR bring to the corporate table, companies do not always accept their responsibilities in this area in good heart, with a fair number admitting to having adopted CSR mainly as a marketing gimmick. In some cases, firms may have been coerced into adopting CSR; and they did so with insufficient enthusiasm and vigour, leaving many of them to ponder what they could and should have done differently. For those considering CSR as
a strategic option, therefore, the question to ask may very well be this: is the CSR payoff always worth the outlay? CSR policies need to be considered as a core and inseparable component of the overall service or product offering. Analysts believe that, every company’s situation is unique, with many different models in existence, which can help organisations to achieve their CSR aims. In turn, this preponderance of choice has led to many companies recognising that they are defined by what they do, not just what they give. According to analysts, “Companies are not solely providing a financial contribution but are increasingly unlocking their intellectual assets and the power of their people to achieve a positive impact. For these analysts,
ultimately, coherency comes from clear purpose, programmes of work which are authentic to and valued in the business and an acceptance that it is critical to business performance.” To this end, the extent of CSR and investment in societal growth and development is open to individual interpretation. Records have consistently shown inadequacy in this regards, and to that extent, the general perception has been negative. Understandably however, resource allocation to CSR, is a function of determination and commitment, especially among developing nations, such as Nigeria. The pattern of investment in CSR by brand owners from immediately post independence Nigeria, had been selective based on urbanisation and satellite allo-
cation, economic viability, social impact and population. That notwithstanding, experts are of the view that, the method of resource allocation for CRS as a component of societal development became evident that for meaningful impact, emphasis should shift from a mere contribution towards national growth and development to sustainability. It is worthy of note that, CSR increases as a result of direct consequence of population explosion and growth in economic activities. Speaking to Daily Times on this issue, a brands’ management consultant, Adewale Okoya said; “Companies must set their goals at optimizing their collective investment on CSR. Constant in international economic rating of nations is the extent of economic growth and development based on resource allocation.
Group set to reward business excellence, deepens ethics The Governing Board, Responsible Business Award Nigeria in conjunction with the management team of info- consumer service will be celebrating and rewarding Leading Sustainable and Responsible business and individuals in Nigeria, who have shown strong commitments, disclosure, and implementation of environment, social and governance (ESG) framework. Also, to be honoured, according to the group, are companies who are committed to promoting any aspect of the SDGs. Schedule to hold on the 15th December, 2017, at Knight Bridge Hotel, Ikeja, Lagos State, the seminar/ sward ceremony with the theme: “the impact of sustainable development goals in business strategies in Nigeria, is to deepen the understanding of Sustainable and Responsible business and individuals in Nigeria toward national growth and development. Speaking on this development recently in Lagos, one of the organizers of the event, Eneojo Edegbo Danjuma disclosed that, “nfoconsuming Services has assessed and categorized the nominees based on their programs, project
and initiative targeted towards the 17 Sustainable Development Goals(SDGs). According to him, because the SDGs provide immense opportunities for companies to develop sustainable solution in their business models, the awards is aim to raise awareness about the role organization play with emphasis on Responsibility towards stakeholders. He pointed out that, what nominees and awardees will benefit from the award include; an opportunity to showcase their groundbreaking initiatives to global audience, enhancement of their corporate reputation and build trust with key stakeholders, home and abroad, create opportunity to reward their team for their hard work and make them proud employees, raise their profit as an award-winning organization among others. He said, “The list of the nominees include; Seplat, Huawei, SABMiller, GE Nestle, Total, Sahel, Samsung, FBN Holding, Olam Holdings, Sc Johnson & Sons, Promasidor, Guinness, Shell, Fidelity Bank, GTB, 9Mobile, Chevron, Airtel, and BOI etc.”
L-R: Mr. Gbubemi Fegene (Chef Fregez); Mrs. Nimi Akinkugbe, Managing Director, Bestman Games; Mr. Kufre Ekanem, Corporate Affairs Adviser, Nigerian Breweries Plc; Mrs. Ini Abimbola, Lead Consultant, Thistle Praxis Consulting and Mr. Edem Vindah, Sustainability and Regulatory Relations Manager, Nigerian Breweries Plc at the 2017 Beyond the School Programme, recently... in Lagos
NB counsels students on talents, career development Students have been advised to focus on their abilities and talents in order to take advantage of opportunities in their chosen career. Speaking on recently in Lagos at this year’s edition of Beyond the School, an initiative of the Nigerian Breweries/Felix Ohiwerei Education Trust Fund, Emilia Asim-Ita, a Senior Consultant with Thistle Praxis Consulting, enjoined the participants on how to
make a success of their career choices. Asim-Ita, who spoke on ‘Personal Development and Career Facts,’ maintained that career choice should be hinged on passion. She advised participating students to read wide, cultivate mentors and ignore distractions. While encouraging the students to dream big, she urged them to develop their passions and interests to guarantee a
bright future. “The knowledge you now have will help you find disciplines that you are passionate about. You also have to develop the skills needed to succeed in those disciplines”, she said. In her presentation, Managing Director of Bestman Games, Mrs. Nimi Akinkugbe gave the students personal finance tips on saving, investing and spending. She counseled the students to be diligent,
prudent and keep good company. Mr. Gbubemi Fregene, aka Chef Fregz, who spoke on his success story, implored the students to get education so as to be on a higher pedestal in their career and passion paths. He said that as far as back as his days in secondary school, he developed interest in cooking.
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Daily Times Nigeria Monday, November 27, 2017
Q
: NCAT was recently awarded the Regional Training Centre of Excellence (RTCE) by the International Civil Aviation Organisation (ICAO). Do you have the capacity to retain this new status of the college? One of the requirements before we were granted this new status by the International Civil Aviation Organisation (ICAO) is that you must meet some certain criteria. This journey was started by NCAT 11 years ago, when we became a member of the TRAINER PLUS; and before you even become a member of this group, there are some criteria you have to meet, which included assessment of training facilities and personnel, the global aviation training office, sent auditors from ICAO to Zaria to come and assess all these things. They came with their checklists and of course, typically, there were some gaps they noticed; and we were given time within which to close these gaps; and we were then re-assessed. It was determined then that we met the requirements to become a member of the TRAINER. That requirement was for the institution to be able to develop some package, which we did in 2013 and in 2015, we started the process of getting this Regional Training Centre of Excellence (RTCE) and that one also involved a lot of things, including, but not limited to a lot of training packages. At the time that NCAT signified its intention to go for its RTCE that was when the criteria were changed. Now, they needed the applicant to develop a minimum of three standard training packages. So, NCAT had to develop three standard training packages and then trained an internal validator. For that training of internal validator, we had to develop another standard training package. So, with that, NCAT was able to satisfy the requirements of being awarded the training centre of excellence status. To answer your question, yes, we have the capacity, we have the plans also to increase that capacity because by being made the RTCE, it opens a lot of opportunities for NCAT; we will need to improve as there are lots of requirements that we need to meet to keep this status. We have to keep increasing or improving on our facilities. One of the things that we did to meet these criteria was to modernise our classrooms. For those of you that have been to Zaria, if you go to our classrooms, you will realise that they have been standardised and modernised to ICAO standards,
B8 Business Features
Pilots learn from trial, errors - Capt Abdulsalami
Capt Mohammed Abdulsalami is the Rector Nigerian College of Aviation Technology NCAT Zaria established over 50 years ago to train aviation personnel, but the college has witnessed growth and challenges. Abdulsalami speaks on the recent accreditation of the college by ICAO and constraints the college is grappling with, especially non -remittance of funds by clients. CHUKWUEMEKE IWELUNMO was at the briefing. Excerpts
Okoye
Capt Mohammed Abdulsalami complete with projectors and interactive boards. What we need to do in anticipation of increased demands for courses is for us to build more classrooms, office and hostel accommodations and all these in anticipation of these approvals we made allowances for in our 2017/2018 budgets. So, we are fully ready to meet the challenges and opportunities of this new status that NCAT has. Sir, what are the benefits of being a Regional Training Centre of Excellence to NCAT and Nigeria? Being a RTCE, allowed the college to develop ICAO training programmes on all the Annexes. We can develop training programmes in aerodrome, air transport, facilitation, environment, safety, security and several others. It opens a lot of windows of opportunities. We can develop these programmes ourselves; and anytime someone in any
part of the world that is interested and he’s part of the ICAO TRAINER PLUS, can utilise these programmes and NCAT get benefits because we get paid anytime somebody uses our training programmes. Also, our instructors because they were trained and certified by ICAO, can be invited to go and conduct training in any part of the world. My Deputy Rector has had opportunities in the past to go and conduct courses in Singapore and that goes to show the level of confidence that ICAO and global aviation industry have for NCAT and as you are aware, for the last two years, NCAT has won the award for institution with the highest numbers of instructors trained in ICAO’s standards. Incidentally, we are also the institution with the highest number of ICAO accredited courses in the world for two years running now. In ICAO circles, NCAT
is very well known. This RTCE that we have covers the flying school and the air traffic services and communication school. Those were the two schools that were subjected to that audit. Even aviation management conducts ICAO’s approved courses for students. Some of the participants are foreigners from different countries, especially in Africa. The college is made of five schools; and each of these schools runs their own programmes; and aviation management, especially has the highest numbers of programmes they run. But, all our programmes are approved by either the Nigerian Civil Aviation Authority (NCAA) or ICAO. What will it cost NCAT to upgrade to the international standards you programme for it; and how soon can this be made possible? We have a number of projects that we want to carry out at NCAT, but we
cannot have all of them in one budget period. So, for the 2017, we had provision to build additional classrooms and a 250-bed students hostel and also upgrade of existing classrooms. This is in addition to on-going projects. Also, in our five-year development plans, we have made provision continuously for increase in these classrooms, office space and hostel accommodation. For this year, we already had some of these projects appropriated, but as you know, releases have not been much. So, we have not started any new capital projects. What are the plans of the management to upgrade the institutions to a degree awarding level? Already, NCAT offers post-graduate diplomas in aviation management. We have identified the need to have this; and every time we interacted with owners of airlines, we stressed the need for them to train people in aviation management because we have a lot of technical people who are involved in running operations of airlines and administrative functions, but they lack the proper training in aviation management. We are already conducting these courses and we hope to introduce additional courses in the near future. We are also talking to other educational institutions so that we can collaborate with some of the universities and other institutions both in Nigeria and outside the country. Most of the aircraft you use for training are Tampico engines, how do you source for their fuel especially when they don’t use Jet A1? The availability and the cost of Aviation Gas (AVGAS) has been a challenge for any operator of piston engine aircraft. That was why a decision was taken by the NCAT management long before I came to replace our Tampico aircraft to the Diamond aircraft that uses Jet A1. We have already taken delivery of one Diamond 42 aircraft and Diamond 40 and we have more on order. The process is slow because of budgetary allocation releases, but even today, we discussed this with the Hon. Nkeiruka Onyejeocha, the Chairman, House Committee on Aviation; and she agreed that there is need for
us to have increased allocation so that we can bring in more of these instead of getting just one aircraft at a time. If we are able to re-fleet within the shortest possible time, then, we will not be facing this problem of availability and cost of AVGAS. We just took delivery of consignment of AVGAS last week; and we have enough stock to last us for quite a while. Why has it been so difficult to change the entire trainee aircraft in your fleet to modern one as anticipated by your management; and how many of the new aircraft do you have plans to acquire? As for the aircraft, when the contract was awarded, it was for 20 aircraft; five DA45, which has multiple engines and 15 DA40 single aircraft. As at the time of award, the exchange rate I believe was about N155 to $1, but right now, the exchange rate is over N300; the cost of the contract has doubled in naira terms because the money is given to us in naira. In dollar term is the same, but in naira term, the project has doubled. Aircraft manufacturers do not start manufacturing process until you deposit money; and 2016 was particularly difficult in this country because of recession and non-releases of money for projects. That was why we were only able to get just one aircraft. So, this year, we had wanted to bring additional aircraft, we decided we wanted the single engine DA40 aircraft, but the manufacturer told us that they were relocating the production line from Austria to Canada and that they will not be able to resume production for at least six to seven months. They also told us that rather than order one or two aircraft, which is based on budgetary approval, it would be more cost effective to increase the number as it would reduce the cost of transportation for us as the aircraft would be shipped in container and assembled in Zaria. Based on that, we decided that we will not bring in anything and next year, we will make provision to bring in a larger number of aircraft so that we can immediately start phasing out the older aircraft. In all, we are looking at minimum of five net year or even 10 aircraft.
Life&
TIMES Monday, November 27, 2017
Top 10 popular Nigerian hit songs L2
P
L2
Daily Times Nigeria
Monday, November 27, 2017
Top 10 popular Nigerian hit songs The Nigerian Music Industry is booming and gradually having a face presence in the global scene. Nigerian musicians are primarily the biggest export in the country right now with huge fanbase across the world. Afro-pop better known as the Neo-African sound has sold out to the world and these music ambassadors are getting the notes on it. As the year is getting to an end the music industry is really making hit songs and they are doing great in the music industry. No doubt the year will surely end with bang hits from artistes. Here are some hit songs that really killed the music industry in Nigeria. In no particular order, OGBONNA OLIVIA look into popular songs making waves this year. 10. Niniola – Maradona The lady has got so much infectious vibe in her sound. To many listeners, Maradona apthey just got bitten by the bug and next thing, it became an addiction. Niniola effortlessly made a hit with this song.
wind. The song has done massively well in the local scene and in the diaspora.
Wizkid & Drake
Nigerian-born turned international Starin the global music scene the moment he
9. Tiwa Savage – All Over Mavin Queen Tiwa Savage has got her All Over became a trailblazer immediately it dropped. Tiwa Savage created the sound ing this time. Airplays, DJ mixes, club jams, almost everywhere, Tiwa Savage literally
The music genius that has got a lot of hits deep. It turned out to be amazing what he conscious song with some vital message but
the reasons African sound has gone global. Thumbs up WizLion 5. Davido – If The song that has caused so much calamity to boys in the street. I mean what was one said, you never can tell the currency or lion naira. Away from that, this song has no contest at the moment, it actually hit up to
Too much juice should have been the title. 7. Olamide – Pepper dem gang Ft. Davolee YBNL rapper was able to penetrate the street so hard with the Pepper Dem Gang which has become the internet slang and widely used expression on the street. At the
Jagaban move but this time, he did it with
Mayorkun
moved from being the Slay Queen anthem to
Davido – fall
view and has been on top
about how this song became has been magical lately with bounces on becomes a hit, two days of release rose to the number spot on iTunes
D’banj
This song honestly has they try to compare it to Kiss
Life&
1. Olamide – WO a song that will always reign even when the year ends. it really got people dancing once it is played. Baddo has really been great in the music industry and has been bringing hits right from day one. everyone as its views goes higher into millions, nice one Baddo.
Daily Times Nigeria
Monday, November 27, 2017
Mutiat Alli
Amazing health benefits of Cucumber that you don’t know
Help you stay hydrated Cucumbers are 95.2 percent water, which means that a 5-ounce serving contains 4.8
Relieve pain -
Support heart health Cucumbers contain potassium (152mg per cup),
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Reduce bad breath Protect your brain from neurological diseases Protect your bones grapes.
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absorption in the bones. Prevent constipation Protect your skin against the effects of aging Maintain a healthy weight the risk of cancer eases. curbitacins, which have anti-cancer properties:
Group.
Nutrition L3
Wellness L4
Daily Times Nigeria
Monday, November 27, 2017
Mutiat Alli
8 reasons you need to take a vacation the job of their dreams and loved every minute of working, the fact is, many people don’t find this type of career satisfaction. And even if you are loving what you do, foregoing happiness on a personal level will eventually catch up to you. Your mental health is just as important as your physical health, and being happy goes a long way to mental stability. Happiness and good mental health can help you cope better with and prevent life’s stresses. Spending time with family or some wellearned time alone allows you to enjoy life in a way you aren’t able to if you don’t use your vacation days.
A real vacation, where you completely unplug with work and focus on things you want and like to do, has a variety of benefits to your physical and mental health. The fact is, careers are time-consuming and at times, challenging and stressful. Getting away from your responsibilities and focusing on yourself can do wonders, and reconnecting with yourself, your partner and family can positively impact other areas of your life. Unfortunately, a lot of people, especially business owners, take very little time off each year. And while many consider long weekends holidays, that isn’t enough to get the true benefits of a couple weeks on vacation. Relieve Stress: Stress can have a negative effect on all aspects of your health physically, mentally and emotionally. Headaches, back pain, anxiety, irritability, lack of concentration and frustration are just a few of the harmful effects of stress. In today’s world, we lead busy lives, and often our crazy schedules
and the pressure we put on ourselves eventually turns into stress. Taking a vacation helps relieve the built up anxiety, which can lower your blood pressure, help you sleep better and build up your immune system. Stress can even cause you to gain weight, especially around the middle. Holidays will not only help you relieve stress, but can help you manage it better when you get back to the real world? Clear your Head: Life is hectic and your brain is often overworked. It’s as simple and as complicated as that. Always being on the go and taking care of your many responsibilities in both your personal and professional life can cause you to feel frazzled, confused and overwhelmed. Vacations can alleviate these problems, giving you a fresh perspective and calming your nerves. Taking a break from a jam-packed schedule will noticeably lower your anxiety. Even better, clearing your head and slowing things down often leads to great ideas and a fresh perspective
when you head back to your job and normal routine Build Your Immune System: A busy life wears you down. You can fight it all you want, but eventually everything will get to be too much and exhaustion will set in. When you’re tired and stressed from work and your home life, you’re more susceptible to catching the cold and flu that makes its way through your office or kid’s class. With work and responsibilities comes stress and it can actually promote the risk of disease because of your immune system’s uncontrolled reaction when it comes into contact with a virus. Vacations can help relieve stress, allowing your immune system to build back up. Without the break, your body likely won’t be able to properly fight off viruses and other diseases. Lower Risk of Heart Disease: When you don’t take your allotted vacation days, you could be doing serious damage to your heart health. Unlike in foreign countries
where several weeks of vacation are not only paid but regulated and mandatory by law, a lot of North Americans don’t even take the standard two weeks. But skipping out on vacation can raise your blood pressure and increase your risk of heart attacks. Several studies show that taking a yearly vacation can lower your risk of heart problems by a staggering amount–according to a Framingham Heart Study, men are around 30-percent less likely to die from a heart attack and women have a 50-percent lower risk of having a heart attack 5. Increased Happiness: While it would be nice if everyone
found
Better Quality of Sleep: The stresses from a busy life greatly impact your quality of sleep– restlessness, insomnia, and not enough sleep hurts your health. It’s now common to be plugged into work right up until bed time and many people sleep with their phone, answering emails late in the evening or during the night when you should be allowing your body the rest it needs. According to the Mayo Clinic, when you don’t get quality sleep, you put yourself at risk of getting sick more easily, and the long-term effects can increase your risk of obesity, diabetes and heart disease. Vacations allow you to break this routine, resulting in more
peaceful sleep, as well as sleeping for longer Improved Family Health: Day-today routines and responsibilities get old fast. It can seem that days fly by without you really absorbing everything that makes life worth living. And you’re not the only one in your household who may be feeling disconnected and on auto-pilot. A happy home life will positively impact other aspects of your life. In turn, problems at home can negatively affect work and other relationships, and increase stress. By taking a vacation and reconnecting with your family, friends and loved ones, you’ll feel emotionally fulfilled, a requirement of good health Rejuvenate Your Body: People who take regular vacations can likely relate to how the time off allows you to rejuvenate your body, increasing your energy levels and providing a more positive outlook. With busy lives where you’re always on the go, your energy can be seriously lacking. Because of this, exercising regularly becomes less and less frequent, putting your health at risk and losing the happy endorphin from workouts. Going on vacation can snap you out of the less healthy routine you’ve had going and give you a fresh perspective.
Daily Times Nigeria
Monday, November 27, 2017
L5 Relationship
By Nwaokocha Daniel
Ladies, 5 major signs your boyfriend is possessive
for
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Hi guys, so we decided to take our discussions to a wider audience. Here, we would be addressing relationship issues, giving advice on solving relationship problems and answering questions. So if you have any questions or issues you need to talk about or topics you would want us to talk about, feel free and hit us up on twitter @danylcaesar or send us an email @danylcaesar@gmail.com or SMS only (07067612256)
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He wants to be involved in all the decisions you take
Today, we begin with the ladies. then he is not the one. -
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you and someone else to a tool of domi-
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All your friends are not good enough -
He stalks you not, then you should tell him bye-bye and
Fashion L6
Daily Times Nigeria
Monday, November 27, 2017
Mutiat Alli
10
amazing commandments of lipstick -
1. Exfoliate: -
2. Moisturize: -
3. Consider your skin tone: -
-
4. Mix and blend:
7. Be a lip lining pro:
8. Avoid lipstick on the teeth:
9. Blot:
10. Never throw out a broken tube:
5. Consider your formula:
6. Start with a base:
-
Daily Times Nigeria
Monday, November 27, 2017
Wellbeing L7
Mutiat Alli
Ingrown toenail and remedies
How to Get Rid of an Ingrown Toenail
How can you be sure you have an ingrown toenail? If you have any of the following symptoms, chances are you do:
Avoid High Heels and Tight Shoes Soak or Wash the Foot
Wash with Castile Soap
Pain
Dental Floss under the Nail
Apple Cider Vinegar Wash
Relationship L8
Daily Times Nigeria
Monday, November 27, 2017
Uya Sunday John
The good ones are gone: A bachelor’s search for companion When we were growing up, my grandpa while looking at his wife would smileand then would ask us to pray for a good life partner. We were too young to understand but we loved the smiles they shared. Nearly two decades later,we are living to understand his reasons for his suggestion then. Especially now that weseem to be in trouble even understanding what long term happiness is in a relationship. In this age, people are used, things are loved, egos are treasured and happiness is rare. Living as a partial or full Lagos bachelor with little enhancements(like a small crib and a car) has a way of showing people life from different angles. For one, your clique is improved and your lifestyle ismerely overrated. For sure, the girls are fresher and the boys are doper. As long as you are living it up and you do not fall into the city, no one cares about how happy you are after all. With all these about the city, the lives on this deceitful of two facts that the old man told us. Firstly, we all hope for the best but we are constrained to choose only from the available especially in relationing to what the old man explained, there are threetype of humans in mating (the good ones, the normal ones and the abnormalones). Let me explain that a bit. The good ones are those type my grandpa took time to smile about. Theytreat their relationship like a treaThey nurtured it. Like our grannies, the way theymanaged their relationships and marriages make us believe storybooks happyending tales. They solved their probmaintain happy faces to the rest of the world. Normal is like the middle point of everything. Warri no win, warri no lose,kpatakpatana draw kind of relationship people. mit me to leave it thisway for simplicity because I lack the exact English word in exchange ofwhat he said. Second and most importantly, the city lane has opened my eyes to the factthat the good ones (both boys and girls) are gone and even normals are abig good ones arealmost gone and normals are greatly desired. ing of his sayings, I wantto relate his prediction or fear to our present state and even futureproblems. excuses to not becommitted) will tell you that the good ones you seek have been too rare fora while now that If we are truthful to our generation, then we know the good ones were gonefrom when the gentlemen could no longer win ladies with acts of gentlenessbecause ly. Goodones were gone the moment good girls could more occupied with skimpy skirts adventures than whatthey were being offered at home. Good ones were gone from the time parentsshamelessly started to depend on daughters for monthly survival. In fact, the good were gone from the period when feelings and relationships becamemonetized. mal in arelationship, then let me explain better. For the singles, Normal is likepleading with nature to be at least feeling of hoping not to be involved but deep inside
pursued. Whatever thecase, this couple like most these more pieces of you apart. This is normal. Normal to the married isseeking to, at least to be liked when you give Good are rare, so we are having everybody wishing to settle for normal. Inthe absence of good, we only pray for normal these days and those normal too are fast becoming an endangered specie. Our liberties that weresupposed to open doors to self-enlightenment and discoveries are becomingwindows to our own doom. girls and boys we heard in stories can be restored after they are supposed to be raisedand maintained. Talking about how we crave for even normal these days;the other day, Imistakenly left the TV on one of these Nigerian music channels for an auntand left to attend to some things. When I got back, she involuntheir children to be normaland or at least wear normal clothes. When I told her that the people on TVwere bum shorts (or pants according to her) and the trousers dark and dirty) were the new normal now beforeshe talked herself to anger. She concluded by pointing that perhaps clothesshould be given to animals since they will wear it better than humans. Good is rare and normal is scarce. When a friend told have almost clocked two yearscontrary to her believe it will only survive for a year or less. Her pointto me, made marriage seem like a JAMB score which is only useful in oneyear and thus invalid in the next admission year. Is this the norm now andshould it be?
when they do, the area was turned into a war zone ridiculous and this is thestage most of us are, ranging from relationships to marriages. We must accept the fact that if truly the good ones are almost gone and thenormal ones will soon be threatened, we collectively caused it. We replacedhufamily cultureabandoned their duties and now we are paying for it. The Reviewer is notgiving marriage counselling but thinks we give too little and want toomuch. our old folksmade it work then but I sure do know that it was based on family structure that were laid as foundation for day to day operation. a good one in anyform, you must be one of those with blessings than our generation canexplain. I hope we treat the rare remaining ones well so they can produceand nurture other good ones. perseverance can doespecially for two people who believe. But if the world lies between you and the abnormal, As for me, I really wished I had prayed those prayer almost daily. However, seeing the world with my bachelor eyes, my prayers have taken afunny turn. I pray that God should order my steps in such a way that on theday I am supposed to meet an abnormal one, may my clothes be stained byfootball from the street kids (as the car act up a little and let me change my mind out
with so many funny acts.They claimed their relationship was complex. In their good times, theydisplay all kinds of sexual profanity on the street and in their bad times,they were busy violently getting blood out of each other. Again, they willalways say their love life is bad ass complex. Perhaps the bad asscomplexity can be explained in how a married woman will come home super drunkin week days, not minding the fact that the children should be prepared forschool early the next morning. Maybe bad ass complexity explains why thehusband never had class in the type of skirts he
bondage daily nor do I want to spend most part of my misdeeds. If you so care, join me in this prayer or keep waiting for the unknown. Send feedback/response to Mutiat.alli@dailyKim times.com.ng 07035429758 (SMS ONLY)