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ÏÏÏEkiti

State Government on Sunday raised the alarm over an

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MONDAY, JULY 11, 2016 VOL. 2. NO. 149

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Ekiti govt raises the alarm over plot to arrest officials, others

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Coys profits, dividends ‘ll plunge H1 2016 – Analysts 6 Ï 6ƈ Ɔ ƍƏ ƉƆƅƐƈ ƆƓ 0 ƍ Ƌƈƅƕè ƗƆƅƋƈ Ɔ ƈ ƈƋ ƍƏƈƅƆ è Ƒ Ɛ ƈ ƆƗ ƓƆ Ɗ ƍƑƏƅ ƈ ƍ ƓƆƏ Ƈ ƅ ƑƌƆƏ Ï ó_Ƒ ƐƆƗ Ƅ Ɗ ƌ ƕ ƑƇƇƆƏ Ɔ ƒƕ Ƌ Ɔ ƈ ƍƏ ƇƈƐ è ƈ ƐƆƏƈƌ ƗƈƒƈƗƆ Ɨ ƍ ƕ ƑƐ Ɛ ƏƆ ƋƗƆƏ ƗƑƆ Ɛ 0 ƌ ƏƊƆƐ Ƒ ƅƆƏƐ ƈ Ɛƕô

Cross River State Governor, Prof. Ben Ayade (middle), flanked by security chiefs after the State Security Council meeting in Calabar, Cross River… at the weekend.

Govs worried 6 Buratai should over Abia resign or be 12 impasse, says sacked – Falana NFG Chairman Dubai properties:

FCT Deputy CP to lead investigation of Abuja female pastor’s murder

VON DG blames OBJ, GEJ for current challenges facing Nigeria

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Daily Times Nigeria Monday, July 11, 2016

Daily Times Nigeria Monday, July 11, 2016

Page Three

s

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PHOTO TIMES

Editorial

Lying-in-state of former Managing Director, News Agency of Nigeria (NAN), Dr. Nwabu Mgbemena in Lagos… at the weekend.

Nigerian universities and need for research

R

ecently, Vice Chancellor of Christopher University, Mowe, Ogun State, Professor Friday Ndubisi urged Nigerian universities to be research inclined, so as to come up with solutions to the numerous crisis facing the country. He said time has come when Nigeria’s universities must produce intellectuals and this can only be achieved if they take to intellectual and result-based research that would feed both the government and private sector with useful information for socio-economic development.

We cannot but agree with the university don on what role universities should play in the development agenda of the country. As the citadels of higher learning, Ivory towers must be consistent with generating ideas for making Nigeria a modern society in all ramifications. Definitely, the place of universities as paramount players in a country that is increasingly driven by knowledge, information and ideas cannot be over-emphasised. Before now, the traditional functions of universities are teaching and research. In their teaching activities, universities provide the professional training for high-level jobs, as well as the education necessary for the development of the personality.

We live in an age when knowledge is ever more vital to the society and economy, where rapidly circulating capital and people are being influenced by revolutionary communication technologies. It is therefore indisputable that knowledge is replacing other resources as the main driver of economic growth, and education has increasingly become the foundation for individual prosperity and social mobility. In the past three decades, higher education has moved from the periphery to the centre of governmental agendas.

Today, universities are seen as crucial national assets in addressing many policy priorities, and as sources of

new knowledge and innovative thinking; providers of skilled personnel and credible credentials; contributors to innovation; attractors of international talent and business investment; agents of social justice and mobility; contributors to social and cultural vitality; and determinants of health and well-being. In a context where governments are principal funders of universities, it implies that a university can be like a pump which, when primed with public money, will gush forth the tangible effects of economic prosperity into which that money has been transformed.

It therefore assumes that the function of universities is to provide direct in-out benefits for society’s economic prosperity. This logic implies that invention in the university, largely in its science labs, leads to innovation and economic benefit. There is no disputing the fact that universities have five main core areas of activities which are repository of the knowledge of mankind; generation of new knowledge; transferring knowledge to the next generation; transferring knowledge to society and generating economic development. Incidentally, Nigeria is still a traditional society with different demographical characteristics.

More than 50 percent of the population lives below the poverty line, and more than 200,000 graduates are met with unemployment every year. It is therefore imperative that our universities focus on creating an entrepreneurial culture among their graduates with the aim of making them job creators, rather than job seekers. This can be attained through the establishment of effective business incubation centres while encouraging partnerships between industry and academia. Our universities would become more research oriented when they provide unique solutions to Nigeria’s mounting problems with a view of making the country capable of overcoming its handicaps.

The remains of Nwabu Mgbemena being conveyed into the arena.

Lai Mohammed (4th left); Bayo Onanuga (right) and children of the deceased.

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L-R: Managing Director, News Agency of Nigeria, (NAN), Mr. Bayo Onanuga; Minister of Information and Culture, Alh. Lai Mohammed; daughter of the deceased, Miss Nkiru Mgbemena and widow, Mrs. Faustina Mgbemena.

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Angelique Kidjo

Matthew Ashimolowo

Shehu Sani

“You have to stand for something or you fall for everything”.

“The greatest illiterate is the inability to learn the great things of life from small things around”.

“The future is built with the bricks of optimism”.

4

Daily Times Nigeria Monday, July 11, 2016

Daily Times Nigeria Monday, July 11, 2016

5 News

News Analysis

Why Nigeria is negotiable Agozino Agozino

ÏÏÏNigeria is negotiable but

not on the basis of disintegration of the country as understood from the recent speech

by President Muhammadu Buhari. Even well-meaning Nigerians will want this country to remain strongly united by having a holistic fiscal federalism.

It is quite unfortunate that the Berlin Conference where Africa was wickedly partitioned by white men is the origin of the faulty foundation that still plagues many African countries till date. In the case of Nigeria, there was no specific time whereby the people came together to discuss how they will live together as one indivisible entity.

A patriotic citizen of this country, once described Nigeria as a “mere geographical expression’’ seeing the height of injustice and corruption apart from the festering religious and ethnic clashes every now and then among its citizenry, instigated by the so-called politicians whether in military or civilian uniform to grab power by all means at the centre.

In retrospect, the Nigerian Biafran war was as a result of the improper conduct of the so-called political hawks especially from the advice of intelligentsia in the old Western region that advised Gen. Yakubu Gowon to dump the Aburi accord that would have extricated Nigeria from that quagmire because they wanted the status quo to remain.

The issues raised are besetting the country not to forge

ahead since after the war and still lingers on, giving rise to self-determination groups questioning the rationale behind the presidency’s comment that the unity of Nigeria is not negotiable.

Lord Lugard’s amalgamation of the country in 1914, according to analysis, was a forced marriage beneficial to the British and the Northern region.

The First Republic politics allowed for regional blocs where the federating units developed based on the available resources to carter for their respective needs, paying taxes to the central government.

Since the unitary system of government was practiced ever since the military came to power in 1966, distortion in running Nigeria’s affairs by the Federal Government eroded the principle of fiscal federalism, which is now being clamoured by the statesmen. Nigerians are suffocating and ethnic entities can no longer bear the suffocating effects of the defective structure hampering the development of the country.

So, Nigerians want a country united on mutually agreed terms not on the present defective structure. With the rate of the insurgency in the North East and resurgence of militancy in the Niger Delta region among other crises in the country, the handwriting is very clear on the wall that if urgent steps are not taken by the authorities saddled with the responsibilities to keep the country together by doing the needful, generations yet unborn will not be happy with what is supposed to the most powerful black nation on earth.

So, the time to restructure Nigeria is now!

Six Boko Haram suspects nabbed in Lagos

Oguntade Ismaila

ÏÏÏNo

fewer than six suspected members of the dreaded Boko Haram sect were arrested, at the weekend, in Lagos by local security operatives.

The suspects, identified as Ibrahim Ali, Abubakar Ahmed, Babagana Blam Ali, Goigoi Kamsalem, Ibrahim Mohammed and Adams, were said to have been arrested from three different locations in the state.

They were said to have fled from Bama, Baga and Konduga Local Government Areas of Borno State, following the heat of military operatives on the insurgents in the North-East region of the country.

Head of the local security group, the Mai- Kanuribe of Lagos and Seriki Hausawa of Ijora Kingdom, Alhaji Mustapha Mohammed, while addressing journalists on the arrest, said five out of the suspects were

nabbed on Friday at Isheri-Ojudu Berger and Victoria Island area, while the sixth suspect was nabbed penultimate week in a church at FESTAC area of the state.

He hinted that Ibrahim Ali and Babagana Blam Ali, who hail from Bama and Konduga Local Government Areas, respectively, were arrested at Isheri- Ojodu Berger, while Goigoi Kamsalem, Ibrahim Mohammed both from Bama and Abubakar Ahmed of Baga council areas, were apprehended at Victoria Island in their hideouts.

He also told journalists that the suspects had been transferred back to Maiduguri, for onward transfer to troops there for further investigation.

Mohammed also said his group was determined to protect Lagos from the carnage of the Boko Haram sect.

Mohammed ,who hails from Borno State, pointed out that

Lagos is home to many nationalities, adding that he has invested and contributed to the development of the state since 1970 when he arrived the state.

He disclosed that his group, with presence in 57 Local Government Areas of Lagos and Ogun state, had been in operation in Lagos since 2011, adding that the sect would have succeeded in bombing some strategic installations and edifice in the state, safe for its efforts.

Vowing that he the group was poised to resist Boko Haram causing havoc in Lagos, Mohammed hinted that several suspects arrested in the past by his group were either handed over to the Department of State Service (DSS), Shangisha, Assistant Inspector General of Police (AIG) Zone 2 and the state Police Commissioner, while some were transferred to Maiduguri for further investigation and prosecution.

Ayade vows to go after criminals in C’ River ÏÏÏIn what could be described

Buhari

as a riot act, Cross River State governor, Ben Ayade, has warned criminals in the state to look elsewhere for their nefarious activities as they will soon be flushed out of their various hideouts.

Addressing journalists at the Peace Park, Calabar, shortly after five hours security council meeting, the governor, accompanied by service commanders

in the state unveiled a new security agenda aimed at containing the emerging threats to the prevailing peace and security of the state.

Warning criminal elements believed to have infiltrated Cross River from neighbouring states that their time was up, Governor Ayade tsays: “We have identified the homes of the kingpins, we have the coordinates of their armoury, we have a clear

picture of their modus operandi and we are working on a massive attack, we are coming after them.”

“We have understood the basis of this crime, we have names, security reports of specific people, their agents, and their modus operandi have been well analysed by security commanders and we are confident that the action you will see in a matter of days to come, will be different.”

News 6

Daily Times Nigeria Monday, July 11, 2016

Coys profits, dividends ‘ll plunge H1 2016 – Analysts Afolabi Adesola

ÏÏÏSome

capital market analysts have predicted huge profits and dividend decline in the half year results of listed companies on the Nigerian Stock Exchange (NSE).

They said that their projections were hinged on the latest policy directive of the Central Bank of Nigeria (CBN) on foreign exchange, sharp and elongated decline in oil prices, banks’ hike in impairment charges for credit losses and sustained weak purchasing power of consumers in the first half of 2016.

Most of the analysts projected further that quoted banks may

suffer heavy loss in profit and interim dividend payout to shareholders following the uncertainty at foreign exchange market.

According to them, Access Bank, United Bank for Africa (UBA), Guaranty Trust Bank and Zenith Bank Plc 2015 interim dividend for the first six months provided a serious insight on the likely earnings of the financial services sector and returns on investment between January and June of 2016.

Majority of the analysts also argued that the Nestle, Total and African Prudential 2015 declared interim dividend confirmed fears that profits in the first half of 2016 might be highly depressed.

Specifically, Access Bank, Guaranty Trust Bank and Zenith Bank in the first six months of 2015 paid 25 kobo respectively as interim dividend while UBA pegged its interim dividend at 20 kobo.

Mr. Charles Fakrogha, a stockbroker at Foresight Securities & Investment Limited, said that current global macroeconomic situation and the persisting challenging national economic character might erode listed companies earnings.

Fakrogha also said that companies with impressive profits in first quarter of 2016 would struggle based on global oil prices fluctuations, increased inflation rate

and hike in operating expenses to remain afloat.

“We have all seen how the economy played out in the first half of 2016 with fluctuating global oil prices, Brexit and unclear Federal Government economic blue print.

“There are going to be marginal growth in listed companies’ profits given persistent economy challenges. I don’t foresee any remarkable results in the banking sector, among other sectors on the Exchange,” Fakrogha added.

He also said that most of these companies might pay interim dividend but their performance Continued on page 12

Fayose

Ekiti govt raises alarm over plot to arrest officials, others Continued from page 1 ies, leaders of the Peoples Democratic Party (PDP) and members of the State House of Assembly on Monday (today) over petitions written by the All Progressives Congress (APC) with regards to the 2014 governorship election in the state.

Meanwhile, the Ekiti State House of Assembly has condemned the alleged plot to invade by the police, saying the harassing PDP members in Ekiti State, government officials and members of the State House of Assembly will not help democracy in Nigeria. It called on the Inspector General of Police and the international community to help Nigeria Continued on page 12

R-L: Ebonyi State Governor, David Umahi; Deputy Governor, Kelechi Igwe; Chairman, Nigeria Labour Congress (NLC), Ebonyi State, Ikechukwu Nwafor and Secretary to the state Government, Prof. Benard Odoh, during the presentation of four brand new luxury buses by Umahi to the state NLC at the Government House in Abakaliki ... at the weekend.

FCT Deputy CP to lead investigation of Abuja female pastor’s murder Lateef Ibrahim Abuja

ÏÏÏThe

FCT Commissioner of Police, Mr Alkali Usman, has ordered the Deputy Commissioner of Police, Criminal Investigation and Intelligence Department (CIID) to lead discreet investigation into the murder of Mrs Eunice Wale Elisha in Kubwa.

This is contained in a statement issued by ASP Anjuguri Manzah, the spokesman of the command and made available to newsmen on Sunday in Abuja.

A 42-year old mother of seven and an assistant pastor with the Redeemed Christian Church of God (RCCG), Mrs Eunice Elisha, was in

the early hours of Saturday murdered by assailants, while preaching around Gbazango-West area of Kubwa in the Bwari Area Council of the Federal Capital Territory (FCT).

Eunice, an indigene of Ekiti State, was a Deaconess at the Divine Touch Parish of the Redeemed Christian Church of God (RCCG), Old NEPA Road, Phase 4, Kubwa, Abuja.

Her husband, Mr. Olawale Elisha, had on Saturday explained to newsmen that his wife had gone out to preach in the neighbourhood in her usual practice at about 5am on the fateful day only for him to hear the report of her murder.

Narrating the incident, he said:

“My wife always goes out early in the morning on ‘Morning Cry’ to preach.

“There was a particular day she went out and she told me that there is a mosque at the back where they commented about what she said.

So, I just warned.

“This morning, she went around 5am and I was still in bed because we did night vigil which she participated for a while before she went to sleep because of the Morning Cry. “Two of my boys are footballers so, they went to the field to play.

When they came back, they told me that they heard some footballers saying that they butchered a woman preaching early this morning.”

Spokesman of FCT Police Com-

mand, ASP Anjuguri Manzah, in the statement said that Mrs Eunice Wale Elisha was murdered by unknown persons in the early hours of July 9 at Bazango Pipeline area of the satellite town.

It said that six suspects arrested in connection with the murder were currently undergoing interrogation, adding that the outcome of the investigation would be made public.

The statement said that the CP commiserates with the family of the deceased.

It added that the police boss assured them and other residents of Kubwa of the determination of the command to fish out the perpetrators and bring them to justice.

Govs worried over Abia impasse, says NFG Chairman ÏÏÏZamfara State Governor and

Chairman of the Nigerian Governors Forum, Alhaji Abdulaziz Yari, said on Sunday in Sokoto that the 36 state governors in the country are worried about the political logjam in Abia, and are working behind the scene to ensure there is no breakdown of law and order in the state.

Yari spoke when he addressed traditional rulers from Abia who paid a condolence visit to Sokoto over the death of renowned politician, Alhaji Umaru Shinkafi.

Yari said it was of paramount importance that all sides claiming victory over the governorship contest respect the courts and must avoid acts that will lead to violence.

The royal fathers were led by the Chairman of both the South East Council of Traditional Rulers and Abia State Traditional Rulers’ Continued on page 12

Daily Times Nigeria Monday, July 11, 2016

7 News

PENGASSAN strike records massive compliance in first two days

NCAA denies authorising airfare increase

Joy Ekeke

tion Authority (NCAA) said it did not authorise airlines to increase air fares, just as the aviation regulatory body said air fares, add-ons, charges, tariffs and terms and condition of service are fully liberalised.

According to spokesman for NCAA, Sam Adurogboye, air fares and sundry charges have been statutorily deregulated and subjected to market forces.

While foreign airlines had raised air fares on popular routes by over 70 per cent, domestic airlines are cut in the web of following suite following the decreasing purchasing power of many and the downturn in the country’s economy.

The high cost of air tickets on international routes was caused by twin problems of devaluation of the Naira and summer when airlines take advantage of the volume of traffic owing to demand that far outweighs supply.

The devaluation of Naira which has affected cost of operations and high cost of maintenance is forcing the carriers to tinker with the idea of raising air fares.

But not a few said the decision could be suicidal for the airlines that are barely having their airplanes full, as many passengers are now taking to road transportation to save cost.

ÎÎÎMembers

of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) complied enmasse with the directive of the union to embark on an indefinite strike starting from last Thursday.

The National Public Relations Officer, Comrade Emmanuel Ojugbana, who stated this noted that many of its members stayed away from

their offices.

“In Abuja, few members that reported for duty were turned back from the NNPC Towers, except for NUPENG members and management staff who went about their normal duties.

“There was total compliance in government agencies, as staff stayed away from their offices. In Petroleum Products Pricing Regulatory Agency (PPPRA), Nigeria Nuclear Regulatory Agency (NNRA), Pipe-

lines and Products Marketing Company (PPMC) and the Petroleum Equalisation Fund (PEFMB) headquarters, virtually all offices were locked.

“In Port Harcourt, the strike was also successful, as many members were not in their offices. The monitoring team that went round the city reported that members in NNPC office, the Port Harcourt Refinery Company (PHRC), Shell and Total, fully complied with the strike order” Ojugbana

said.

He said at the NNPC depot in Port Harcourt, the management of the depot initially tried to use Industrial Trainees (IT) and contract staff to load/ off load fuel trucks but before 12 noon, the leadership of the depot were called to order and the loading was stopped.

“At the Warri zone, there was total compliance, except for members in Chevron, who early in the morning were in their offices but later joined by

vacating their offices around 10a.m.

“There was no lifting of petroleum products in Warri or anywhere in the zone as our members fully complied with the strike directive,” a source among the monitoring team said.

Adding that, Members of the Association in Lagos also stayed away from their offices and there was no lifting of petroleum products at the depots and loading bays.

Oyo govt reopens schools today Remi Oladoye Ibadan.

ÎÎÎBarely

six weeks after some secondary school students protested against the new government policy on education which led to the closure of public schools in Oyo state, the state government has directed the re-opening of public schools in the state with effect from today.

The public schools were shut down by the state government after the students of some secondary schools protested against the government new education policy on June 6, 2016.

The State Commissioner for Information, Culture and Tourism, Toye Arulogun disclosed this while addressing journalist late Saturday evening.

According to him, following several representations by the Parents Teachers Association, Community leaders, traditional rulers, prominent and well-meaning Nigerians at home and abroad, the state government has decided to reopen the schools.

However, he noted that the 17 schools that participated in the violent demonstration are excluded from the state government reopen order.

Gov. Ajimobi

Abia State Governor, Dr. Okezie Ikpeazu (middle), addressing the people of Umuahia North LGA who paid him a solidarity visit… at the weekend.

With him are, State PDP Chairman, Chief Johnson Onuigbo (left) and Commissioner for Local Government and Chieftaincy Affairs, Chief Charles Ogbonna.

Kehinde Akinpelu Ilorin.

ÎÎÎMembers of Olugbense

ruling house in Offa, Offa Local Government Area of Kwara State, lastweekend protested against Supreme Court judgment on the Olofa of Offa stool.

The Supreme Court had on July 1st, delivered a judgment affirming Oba Mufutau Gbadamosi of the Anilelerin ruling house as the substantive monarch of the ancient community.

The aggrieved ruling house members, who assembled at the Olofa Gangan palace, alleged that the judgment of Supreme Court was a negation of justice for the common man.

Some of the protesters clutched placards that read: “‘God Judgment is coming soon,’ ‘Kwara state government should revisit this

Olofa stool: Olugbense Ruling House fumes over S’ Court judgement injustice,’ ‘Olofa case has exposed corruption practices in Judiciary,’ ‘stop selling our pride,’ ‘no Justice, no peace,’ ‘ODU has failed us,’ ‘save the oppressed Mr. President.”

The protesters also chanted anti-Supreme Court songs, stressing that the judgment empowered female lineage over male lineage.

Speaking with reporters, a Prince to the throne of Olugbense, Alhaji AbdulRauf Adegboyega Keji, rejected the Supreme Court Judgment which recognised female lineage in the ancient city over male children.

He alleged that the judgement was targeted to rewrite history of Offa and

denied the right owners to the stool of their fathers.

Prince Keji said there can’t be Offa without mentioning the name of Olofa Gangan which established Offa town and who was their father, stressing that they would continue their fight to ensure Justice prevails.

He said: “It’s not that we are fighting them or at war with anybody. But we are after justice. Nobody can phase out from our stool.

They can’t. It is our father that founded this town over 600 years ago and they can’t re-write history by making female children superior than male children.

“We thought the Supreme Court would do justice and save the op-

pressed but the case is different. We instituted the case and they threw it back at us. The judgment contradict true history and position of All Progressives Congress (APC) which provides justice for the oppressed one.”

He urged Attorney General of Federal and Minister of Justice to consider the plight of Olugbense family in Offa saying” federal government should not allow the oppressed to suffer forever.”

Another elder and spokesperson of the Olugbense ruling, Prince Saka Adebayo Keji also insisted that the Olugbese ruling family would continue to fight for their rightful position.

Chukwuemeke Iwelunmo

ÎÎÎThe Nigerian Civil Avia-

Osinbajo’s wife visits family of murdered preacher Wife of the Vice President, Dolapo Osinbajo, on Sunday, visited the family of the late Assistant Pastor in the Redeemed Christian Church of God (RCCG), who was murdered during an early morning evangelism last Saturday.

The forty-two year-old mother of seven, Eunice Elisha, was murdered to death by assailants around GbazangoWest area of Kubwa, a satellite town in the Federal Capital territory (FCT).

The wife of the Vice President who is also a pastor in the RCCG was received by the deceased husband, Pastor Olawale Elisha and a host of church members.

She later signed the condolence register that was opened at the residence of the deceased.

Husband of the late preacher, Pastor Olawale Elisha with wife of Vice President, Dolapo Osinbajo during her condolence visit to the family of the deceased.

8

Daily Times Nigeria Monday, July 11, 2016

Politics

BEN AYADE Security

threat in Niger Delta: Ayade reads riot act to criminals

s Amidst increased bombings in the Niger Delta region, the Cross River State Governor, Senator Ben Ayade, has read the riot act to criminals in the state, advising them to look elsewhere for their nefarious activities as they will soon be flushed out of their various hideouts.

Addressing newsmen at the Peace Park, Calabar, shortly after a five-hour security council meeting, the governor, who was accompanied by service commanders in the state as well as his State Security Adviser, unveiled a new security agenda aimed at containing the emerging threats to the prevailing peace and security of the state.

He warned criminal elements believed to have infiltrated Cross River from neighbouring states that their time was up, stressing that “We have identified the homes of the kingpins, we have the coordinates of their armoury, we have a clear picture of their modus operandi and we are working on a massive attack, we are coming after them.

“We have understood the basis of this crime, we have names, security reports of specific people, their agents, and their modus operandi have been well analysed by security commanders and we are confident that the action you will see in a matter of days to come, will be different.”

Vowing not to allow antisocial forces steal some of the unique elements which stand Calabar and indeed Cross River out among other states, Ayade said: “Cross River is known as the home state of tourism, Calabar is known as the destination for African hospitality, anything that will impinge on the integrity, knowledge, wealth and values of the state must be resisted by Cross Riverians and Nigerians. ” Decked in army green combat trousers, the governor disclosed that a total of 47 criminals have been arrested in the wake of the recent security threats in the state capital, adding that “none CONTINUED ON PAGE 9

Niyi Osundare: Our politicians have become slave masters Award winning poet, writer and literary giant, Professor Niyi Osundare has likened the current political leaders in the country to the slave dealers of yore.

Speaking in Ibadan at the weekend, the literary luminary said the way and manner current politicians behave at the moment was akin to the mercantile freewheeling dealing of slave buyers which was reminiscent of African slave dealers over 400 years ago.

According to him, there would be no slave buyers if there were no slave sellers, stressing that Nigerians have been turned to slaves in their own land by the Machievelian attitude of politicians who are hell bent on furthering their own interests at the expense of

NNAMDI AZIKIWE

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.

the suffering masses.

The celebrated poet noted that during the slave trade era which he said was about 400 years ago, families turned against families and brothers against brothers, a situation, he said was reminiscence of what was happening in the country at the moment.

He however suggested the emergence of a new set of politicians whom he said would have a human face and not sell the citizenry to eternal servitude.

It would be recalled that over 15 of the 36 states of the federation have been declared bankrupt while about 27 states have not been able to pay salaries for upwards of 12 months with some only able to pay half salaries to their workers.

TONY ELUMELU Nobody is going to develop Africa except us.

OSUNDARE ‘‘There would be no slave buyers if there were no slave sellers, stressing that Nigerians have been turned to slaves in their own land by the Machievelian attitude of politicians who are hell bent on furthering their own interests at the expense of the suffering masses.’’

TAFAWA BALEWA

ADEKUNLE AJASIN

We must recognize our diversity and the peculiar conditions under which the different tribal communities live in this country.

“Our Federalism is upside down. We are not practicing Federalism in Nigeria.”

GEN. HARUNA IBRAHIM, EX AREWA BOSS

“The country Nigeria started from being divided. We are never one. It was the process of history that brought us together. The British did not meet us as one country. The country Nigeria started from being divided.”

Daily Times Nigeria Monday, July 11, 2016

9 Politics

Security threat in Niger Delta: Ayade reads riot act to criminals CONTINUED FROM PAGE 8

of those arrested are Cross Riverians and that clearly underscores the fact that the culture, integrity, character and honour of the people of the state have not changed.”

On cultism which he observed was beginning to resurface, the Governor warned: “We as an administration are going to take deliberate steps to ensure that any person who is in any cult and is in government is thrown out.”

On the intractable communal clashes in the state, resulting in the wanton destruction of lives and property, Ayade ordered the immediate withdrawal of certificates of recognition of traditional rulers in the affected communities.

He explained that, as part of the new strategy, his administration has decided to increase the budgetary provision for security, disclosing that, “we will provide additional 30 vehicles to cover Calabar city centre, increase the fire power of “Operation Skolombo,” expand our security network and introduce Cross River State Homeland Se-

curity Service that will provide intelligence report to Operation Skolombo and other security agencies in the state.”

The governor, who assured the citizenry of their safety, urged them not to hesitate in calling the emergency numbers so provided.

He further hinted that the state and indeed, Calabar, will be divided into 18 cells, even as” nine entry and nine exit points have also been identified.”

Stating that his team was aware of all militants parading and taking full occupation of Bakassi, he lamented that “the people of Bakassi have been in pains as their land and oil wells were taken away, while still being reduced in spirit, psychology and economy” adding “we can’t afford to create a perilous nightmare for the same people.”

While expressing confidence in the Federal government, Ayade, however, appealed to the President to extend “Operation Delta Safe” to Cross River state in order not to isolate the state in the battle to keep the Niger Delta region safe.

Ayade

Leaders mourn Monguno: Fine statesman and political actor LATE MONGUNO “May Allah (SWA) forgive his sins and grant him abode in Aljanat Firdaus, and may Allah grant his family and the entire people of Borno State the fortitude to bear this irreparable loss”— Shettima

Eminent Nigerians including President Muhammadu have mourned the passing on of the late Minister of Mines, Power and Petroleum, Alhaji Shettima Monguno who died on Friday, describing him as: “one of the finest statesmen and political actors Nigeria ever had and

who would always remain fountains of inspiration in life and death.”

In a condolence statement issued on his behalf by a federal government delegation led by Major General Babagana Munguno (rtd) to the burial in Maiduguri on Saturday, President

Buhari said the late elder statesman from Borno State ranked among the most respected public figures in Nigeria while in office and while in private retirement life.

The President recalled that in the course of his public service as a Parliamentarian and a Fed-

eral Minister of Air Force and Internal Affairs during the First Republic, the late Shettima Monguno “had left behind a legacy of untainted and unblemished career”, which he said should be emulated by Nigerian leaders at all levels.

According to President Buhari a “man’s greatest pride is to leave behind a good name and that the late Monguno had achieved that desire.”

President Buhari, who said it would take volumes to narrate Monguno’s sterling virtues, extended his condolences to the family, the government and the people of Borno State over the passing of the late elder statesman from the State. The President prayed Almighty God to grant the soul of the deceased eternal rest.

The government delegation included the Minister of Education, Malam Adamu Adamu, the Minister of the FCT, Mohammed Musa Bello and the Senior Special Assistant to the President on Media and Publicity, Malam Garba Shehu.

The government delegation was received at the funeral by the Governor, Kashim Shet-

tima and the Shehu of Borno, Alhaji Shehu Abubakar ibn Garbai al-Amin al-Kanemi both of whom described the presidential gesture as a consolation and a source of inspiration. The bereaved family expressed their appreciation for the presidential delegation.

The elder statesman, philanthropist and former minister of mines and petroleum in the first republic died on Friday, aged 90.

He died at his home in Maiduguri, the Borno State capital.

Borno State Governor, Kashim Shettima, officially announced Monguno’s death through a statement by the Secretary to the State Government, Jidda Shuwa.

The statement said: “It is with a deep sense of loss and profound sadness that we announce, on behalf of His Excellency the Executive Governor of Borno State and the Borno State Government, the passage of our father and distinguished statesman, Alhaji (Dr.) Shettima Ali Monguno.

“May Allah (SWA) forgive his sins and grant him abode in Aljanat Firdaus, and may Allah CONTINUED ON PAGE 11

Politics 10 ‘Tosin Ajuwon, Akure The Peoples Democratic Party (PDP) in Ondo State at the weekend has said it was yet to adopt any candidate that would raise the party’s umbrella in the November 26 governorship election in the state.

Mr. Banji Okunomo, publicity secretary of the party, in a statement issued to journalists in Akure, the state capital disclosed that the party has not conducted its primary election hence it has not adopted any candidate for the governorship poll.

“It has become necessary to debunk the rumor making the rounds that the PDP Ondo State chapter has adopted a particular aspirant when the party is yet to conduct its primary election”, he said.

Okunomo described such lies as a figment of imagination of the rumor-peddlers which doesn’t emanate from the party’s secretariat adding that there were constitutional guidelines backing the party’s affairs on such issues.

“The issue pertaining to picking the candidate who would be the flag bearer of the party in the forthcoming governorship election is purely a constitutional affair of the party. Pro-

Daily Times Nigeria Monday, July 11, 2016

Ondo Guber 2016: We’ve not adopted any candidate yet- PDP

MIMIKO

Governor, Ondo State

visions for the party’s primary are purely unambiguous in the constitution of our party”, he added.

He posited that the PDP strongly believes in internal democracy hence such issues of imposition of candidates on the party members would not arise.

“One of the attributes that mark the leader of our party, Governor Olusegun Mimiko is his belief in the input of people in the emergence of their representatives.

“This attribute he has demonstrated in a number of occasions where the people decide at the instance of the governor.

“The party wishes to assure all aspirants that there would be a level playing ground for all aspirants in the primary election. The party believes so much in democratic appeals, fairness, equity and justice.

“Among other things, the party would consider issues of leadership prowess, popularity and acceptance of candidates to the electorate before such is picked to be the flag bearer of the party at the polls”, he

Brexit: Nigeria leaders should learn form Britain - Ubani

Iniobong Iwok

Nigerian leaders have been urged to learn to allow the will of the people prevail rather than the wishes of few in taking decisions that affect the country.

This was the view of the former Chairman of Ikeja branch of the Nigerian Bar association, Barrister Chibuike Ubani in a chat with DailyTimes, noting that the current state of the country was unaccountability and bad leadership.

On the increased calls for a return to regionalism, Ubani stated that he supported the urgent need to restructure the country, but added that with the present number of states the country, regional government was not realistic.

He said “regional Government is not possible, its not practicable at this time, there would be issues of where the capital would be situated, what about the number of states we have in the regions now?

“The machinery of government is going to be a problem, but if you talk about proper restructuring, proper federalism that is what we need.

“I believe Nigeria should be restructured, let the states have autonomy so that everybody can develop at its pace; they are not maximising their potentials. As it is, every state has one mineral, so we say: go and make use of what you have”, Ubani stressed.

The legal luminary lauded the anti graft war of the current administration, but advised that it should not be selective.

“The anti corruption fight is moving on, but it must be extended to everyone who is liable; everyone who has broken the rule should face the law.

“The EFCC has the right to investigate any serving governor and he has to explain and such would explain questions regarding his finances and other issues”, Ubani stressed.

Bello

Bello did not spend N1 billion on vehicles - Aide The Kogin State Government has refuted reports that the state governor, Alhaji Yahaya Bello, spent N1 billion to purchased vehicles for political appointees in the state.

According to a statement by

the governor’s media adviser, Abdulkarim Abdulmalik, the allegations are false and full of malicious content.

“For avoidance of doubt, Governor Bello, has not bought any vehicle for political appointees

stressed.

The PDP spokesman further disclosed that the party’s primary election would be fixed and conducted between August and September according to the announcement of the Independent National Electoral Commission (INEC) when its flag bearer would emerge.

Mr. Okunomo stressed that the party would not shut its door against any aspirant when the primary election has not been conducted noting that the leadership of the party under Governor Mimiko would still meet with various stakeholders to iron out modalities for the poll.

“We wish to use this medium to appeal to all aspirants to remain focused and committed to their aspirations while doing the necessary lobbying pending when the primary would be held.

“We do not want to leave anybody in doubt as regards the rumour being peddled and to state unequivocally that the party has no anointed candidate”, he stressed.

as erroneously stated by the Audu/Feleke political organisation.

“The vehicle that the Chief of Staff to the Governor is using is his personal car and was not bought by the government for him.

“It is therefore pertinent to say that all the appointees of the governor are yet to be given official vehicles and those who have were just using the old vehicles acquired and used by the immediate past government in the state”, the statement said pointing out that the vehicles purchased by the Local Government councils were bought on loans, which is to be paid back in twelve months.

“It is interesting to let the Faleke group know that the Ford vehicles purchased for Local Government Administrators are cheaper than the one used by the immediate past council Chairmen in the state.

“The vehicles in the governors’ convoy, with the exception of two, belong to the Governor himself and that means he has been very mindful of exravagant spending as exhibited by some past leaders in the state, which has brought the state to the present pitiable situation”, it stressed.

Daily Times Nigeria Monday, July 11, 2016

11 Politics

Posers over Ajimobi’s N5m bounty on Oyo lawmaker’s killers

Tongues have started wagging on the N5 million prize money the Governor of Oyo State, Senator Abiola Ajimobi, placed on the heads of the three gunmen allegedly responsible for the gruesome murder of a member of the State House of Assembly, Hon. Gideon Aremu.

A statement by the Special Adviser to the Governor on Communication and Strategy, Mr. Yomi Layinka, in Ibadan, had announced the reward for any member of the public with credible information that might lead to the arrest of the criminals.

Ajimobi had appealed to members of the public in possession of any useful information to immediately contact the following telephone numbers: 0802 343 1079, 0803 653 6581, with assurances that such tips would be treated in the utmost confidence.

But many residents of the state are worried about the N5 million bounty considering the financial position of the state where workers and pensioners are being owed salaries, al-

Leaders mourn Monguno: fine statesman and political actor

lowances and pension running from eight to 12 months.

Commentators on a radio programme monitored in Ibadan at the weekend noted that what was paramount now was taking care of the living who are languishing in penury due to non-payment of salaries and pensions.

According to them, the N5 million would go a long way in taking care of pensioners, many of whom they said are dying by the day for the delay in paying them.

Reliable sources said apart from the workers and pensioners, many of those also being owed salaries are traditional rulers in the state whose five percent from local governments are being withheld. Also affected are former governors of the state whose benefits are also being withheld for lack of funds.

Sources said among those affected is one who is critically ill and needed urgent medical attention but whose plight may not have received appropriate response from the governor unlike the killing of Aremu.

CONTINUED FROM PAGE 9

grant his family and the entire people of Borno State the fortitude to bear this irreparable loss”, the statement said.

Monguno, a former presidential candidate during the 1990 option A4 political arrangement, was known in the last three decades as a philanthropist who committed his time and resources to charity through his Shettima Ali Monguno Foundation that focussed mainly on the education of poor children especially the girl-child.

Until his final retirement from public function some three years

AJIMOBI

Governor, Oyo State

Aremu represented Oorelope constituency in the House of Assembly until he was murdered on May 31 by three gunmen that allegedly trailed him on motorcycle.

The governor said that he was still saddened by the ghastly incident that shattered the serenity the state had enjoyed in the past five years and would be prepared to reward anybody with clues that would assist the police to apprehend the culprits and their sponsors.

Ajimobi said: “This is to further demonstrate the government’s commitment to the ongoing investigation of the im-

mediate and remote causes of the murder of the parliamentarian who was allegedly gunned down in front of his home in Alakia, Ibadan.

“The governor, once again, wishes to reiterate his administration’s relentless pursuit and defence of the security of lives and properties of all citizens of Oyo State, without let or hindrance.

“The government wishes to assure such volunteers of absolute secrecy, confidentiality and protection of the law. Please, help to find those behind the murder of Hon. Gideon Aremu so that he and his family can

get justice, and on time too”, he stressed.

Ajimobi promised members of the public that the police and other security agencies would not relent in their efforts at maintaining peace and orderliness, and assured the deceased family that a crack team of homicide detectives were already working hard to apprehend the suspects.

He advised residents to embrace community policing by working with law enforcement agencies to curb crimes in the society and arrest suspected criminals before they wreak havoc.

ago, he was the chairman of the Borno Elders Forum.

Before his retirement from public life, the elder statesman did not only witness Boko Haram devouring his state, but was also a victim of the outlawed group’s hostility when he was abducted in broad day by gunmen at a mosque where he had gone to pray on Friday, May 3, 2013.

The former President of OPEC was to be freed some three days later when he was found in far away Marte Local government area where government officials and security personnel picked him and brought him

home safely and unhurt.

Since then, his GRA Maiduguri home, adjacent the Borno State Government House, remained guarded by armed security personnel.

Monguno was born in 1926 in his home town Monguno in the present Borno State.

He was said to have attended Monguno Primary School, then proceeded to Teachers College, Bauchi and then Katsina.

He also attended the College of Arts, Science and Technology, Zaria, and then the University of Edinburgh.

He was an MP in in 1959. He later became Education Secre-

tary and councillor for education, works and social welfare Borno Local Government 195965; Federal minister for Air Force and internal affair 1965-66; federal commissioner for trade and industries 1967-7; minister mines and power, petroleum and energy 1972-75.

He was President of OPEC between 1972 and 1973. He was also Chairman, Maiduguri Metropolitan Council and member Constituents Assembly in 1977-78.

In 1990 when the military instituted a failed transition to civil rule, he was presidential candidate during the Option A4 Elections.

News 12

Daily Times Nigeria Monday, July 11, 2016

Dubai properties: Buratai should resign or be sacked – Falana

Ï 1Ə Ƒƍ Ɗ &0 Ɛ ƍƏ ƄƆ R d ÏÏÏAs

the uproar generated by the revelation that the Chief of Army Staff (COAS), Lt. Gen. Tukur Buratai, purchased properties worth $1. 5m in Dubai, the United Arab Emirates, continues, Human rights lawyer, Mr. Femi Falana, on Sunday, urged President Muhammadu Buhari to relieve him of his position if he fails to voluntarily resign.

Falana, a Senior Advocate of Nigeria (SAN), said this in a statement, noting that despite Buratai’s commendable feat of leading the Nigerian Army to defeat Boko Haram in the North East, the war on corruption was also a must-win for

the Buhari Administration.

The lawyer described as a “cock and bull story” the explanation by the Nigerian Army authorities that Buratai paid for the properties in installments through his personal savings.

Falana regretted that the name of the Nigerian Army had been “illegally” used to defend the Buratai in the unfolding scam.

While he condemned the involvement of the Nigerian Army in defending Buratai, he said no one had yet to explain to Nigerians how an army General could manage to save $1.5m.

He said: “In view of the ban

on the opening and operation of foreign accounts by public officers, the Code of Conduct Bureau should be involved in the investigation.

“If the Chief of Army Staff does not deem it fit to resign forthwith, President Buhari should not hesitate to remove him in the interest of national morality.”

Meanwhile, an anti-graft coalition, the Civil Society Network Against Corruption (CSNAC), has urged the Economic and Financial Crimes Commission (EFCC) to investigate the Chief of Army Staff, Tukur Buratai, over alleged diversion of funds to purchase proper-

ties in Dubai, United Arab Emirates (UAE).

In a petition forwarded to the anti-graft agency signed by the group’s chairman, Olanrewaju Suraju, the group said such act was a violation of the law of public service.

According to the group, if the revelation is found to be true, based on evidence adduced by a newspaper, then the actions of the COAS is a great disservice, an act of sabotage against the Nigerian State and a violation of the law prohibiting public officers from investing or participating in any other business safe for farming.

Govs worried over Abia impasse, says NFG Chairman Continued from page 6 Council, HRM Eze Eberechi N. Dick.

“As a forum, we are concerned about what is going on in Abia and we are working to ensure all sides respect the courts, and uphold peace. Abia is known for peace, as such we should not do acts that will disturb the peace of the state,” Yari added.

Earlier in his remarks, Sokoto State Governor Aminu Waziri Tambuwal, said Sokoto state has a long standing relationship with the people of the South East, and the visit of the traditional rulers on a condolence has reaffirmed that relationship.

Tambuwal said rather than lay emphasis on things that divide the country, all Nigeria to emphasise on those aspects that unite the nation.

“We are all on journey to unity, stability and progress of our dear country.

“Abia State Governor is a very good friend of mine, so I am praying for him to overcome the present challenges he’s facing as a public officer,” he added.

Coys profits, dividends ‘ll plunge H1 2016 – Analysts Continued from page 6

Gé`ë 0 ƏƌƆƏ 6Ɔ Ɨ Ƈ dƐ ƐƆè 1Ɔ ê ƄƗƑƋ Ƌ ƌƈ ƄƑƄ Ɗ Ə æƏƐƗçì d Ɗ Ɛ dƐ ƐƆ 1 ƒƆƏ Əè ƌƈ Ƒ j ƌƄƑƓ Ƌ Ɨ ƈ ƌƇ Ə dƐ ƐƆ ƅ Ƒ ƐƆƏƍ ƏƐè ƄƗƑƋ ƖƈƖ Əƈè Ɛ Ɛ Ɔ dƑƋƐ ô ^ Ƌ ƅƆ ƗƑƏƈ ƄƗƑƋ Ƌ ƌƈô ƅ Ɨ ƋƆ ƅƆ ƒƈ ƈƐ Ɛ d Ɗ Ɛ Ɛ Ɔ ƗƆ Ɛ Ƈ nƌ ƏƑ d ƈ Ɗ ƇƈČ Ɛ Ɛ Ɔ ƓƆƆƊƆ Ɨê

Ekiti govt raises alarm over plot to arrest officials, others Continued from page 6 sustain Democracy by calling the APC-led Federal Government to order.

Also, the Ekiti State chapter of the Peoples Democratic Party, on Sunday, called on President Muhammadu Buhari to caution members of his party, the All Progressive Congress (APC), not to destabilise the state in the name of politics.

The Ekiti State government in a statement issued by the Special Assistant to the State Governor on Public Communications and New Media, Lere Olayinka, on Sunday, alleged that 20 policemen led by Assistant Commissioner of Police (ACP), Olusola Oke, a

native of Isan Ekiti, hometown of the Minister of Solid Minerals, Dr. Kayode Fayemi, on Sunday invaded the state to begin the ‘indiscriminate’ arrest to keep the people out of circulation.

In a statement issued by the Special Assistant to the State Governor on Public Communications and New Media, Lere Olayinka, the government alleged that All Progressives Congress (APC) leaders like Femi Falana (SAN), Senator Babafemi Ojudu, Yinka Akerele and others were coordinating the invasion in their desperation to destabilise the state because of Governor Ayodele Fayose’s perceived opposition to the inhuman policies of the Federal Government. “We have been

reliably informed that the latest onslaught against the PDP government of Mr. Ayodele Fayose is to begin on Monday, using the police to arrest top government officials, PDP leaders across the 16 local government areas and members of the House of Assembly.

“ACP Olusola Oke, who is to lead the over 20 policemen to carry out the operation is said to be a native of Isan Ekiti, hometown of the Minister of Solid Minerals, Dr. Kayode Fayemi. ACP Olusola Oke is equally the immediate past Assistant Commissioner in charge of Operations and now the AC X-Squad, FCID, Abuja.

“The operation is allegedly being funded by a former governor from the South South while a

prominent aide of President Muhammadu Buhari is said to be directly coordinating. “ACP Olusola Oke will be accompanied by CSP Ayodele, CSP Enang, four Inspectors and others,” the statement read.

The government said all attempts by the APC to return to power through the backdoor will fail, adding that the party should rather prepare for 2018 instead of running from the Army, DSS, EFCC and now the police.

The government also cautioned the APC-led Federal Government not to destroy democracy in the country by muscling opposition, alerting the international community to take note of the danger facing democracy in the country.

might not be impressive compare to first quarter results of 2016.

Mr. Rotimi Fakayejo, Chief Executive Officer, Enterprise Stockbrokers Plc, said the nation unstable foreign exchange market would impact negatively on banks’ profits stressing that the manufacturing sector had gotten used to the new price of the naira to the dollar.

“Nigerian Breweries Plc, Nestle Nigeria Plc, among others might not record decline in profit following the management understanding of the nation’s economic reality,” he said.

Fakayejo further explained that the nation’s consumption power has reduced following over 15 states inability to meet their monthly obligations to workers and the increasing rate of inflation.

Meanwhile the nation’s bourse (capital market) ended the first half of 2016 with 3.34 per cent gain to close at 29,597.79 points from 28, 642.25 points recorded at the opening of trading in the year.

Daily Times Nigeria Monday, July 11, 2016

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Opinion 14

Daily Times Nigeria Monday, July 11, 2016

Salako’s letter to Governor Ajimobi (2)

By Olarinre Salako Continued from last week

Yinka Odumakin

(3) Government shall strive to eradicate illiteracy; and to this end Government shall as and when practicable provide: (a) Free, compulsory and universal primary education; (b) Free secondary education; (c) Free university education; and (d) Free adult literacy programme.”

Whether we like it or not, this is still the only constitution we have, irrespective of its numerous deficiencies, we still have to work with it.

We can amend it now, to include the funding methods. Although, the proviso clause “when practicable” may be considered for inability of government to provide free university education and free adult literacy programme (subsection 3c and d above) due to the lack of fund. But alternative ways must be made either through scholarships or students loan scheme or both, to ensure that the children of the poor can also enjoy education to the highest level based on their ability to learn, not ability of their parents to pay. As a people, we MUST NOT allow Section 18, subsections 3a and b to be impracticable. Government, in conjunction with the entire society, must make public primary and secondary school education free and qualitative, whatever it may cost us as a society in general. That is not only an issue of legality for government; it is equally an issue of morality for all of us as a society. If government should fail in leading this, what then should the poor in the society benefit from the government? The writers of the manifestoes of the All Progressives Congress (APC) also acknowledged the importance of free education, such that the idea of free school meal for primary school students, and later for secondary school students, is mentioned therein. I am glad the federal government is already about to implement this, even though I believe this should be an exclusive duty of the state government, or better still the duties of the local government.

Therefore, the concept of free education is still very much valid in 2016, it only requires some thoughts on how to continue its implementation and make it better, considering the current financial reality on ground. I am almost sure, were Awolowo around today, he would equally seek better way to fund free education. Your Excellency Sir, you should not set a bad precedence in Oyo State for any non-progressive governor in Nigeria, by privatising or by seeking joint government - private ownership of

any of the public secondary schools.

Test running such an idea with 1 school or 31 schools or 100 schools out of about 631 public secondary schools in Oyo State is immaterial. The idea is simply inconceivable and should be jettisoned.

Now, let us look around the world.

5. There is nowhere around the world where foundation education (primary and secondary) is fully privatized or run by public-privatepartnership in the context you described with an example of road construction, or as you advertised by asking people to pay fee to express interest. At least, I can say of Scotland in the UK, Canada and the USA, where capitalism have not covered their eyes to the welfare of the lessprivilege in their societies. These are not socialist countries, but they still believe that the minimum thing government can do to help the lessprivilege is to make basic education accessible for all. The rich in these countries, through taxes, indirectly pay for the primary and secondary education of the children of the less-privilege in the society. In fact, in Scotland, government pays for the primary and secondary education of all children, all children, whether they attend public, private or religious schools. Whereas in Canada and the USA, government pays for all children except those who attend private schools. Even for those children attending private schools, their parents have a way of getting back, some of their educational expenses through tax return system.

In Scotland, government knows the cost of providing free qualitative education for a child in public school.

So, if a parent decides to place his or her child in a private or religious school, government will pay for the equivalent cost in a public school, while the parent pays the balance.

In fact, as recent as 2011, the former Scottish First Minister Alex Salmond, in defending and protecting the historic Scottish principle of “free education based on the ability to learn and not the ability to pay,” said “the rocks will melt with the sun before he allows tuition fees for Scottish students.” He was speaking regarding to free tertiary education for the Scots.

In Canada, if any parent takes his child to private school, he first pays, but such parent eventually claims the money back, through the process of tax return. In fact, if the parent is unable to pay the school fees in a Catholic school, the school sends the bill to the government.

In the US where I currently work, we pay taxes. Our children attend

public school because it offers the same quality as the others (private and missionary schools). The private and religious (missionary) schools are expensive, and they are merely for social class stratification as they do not offer better quality education than the public funded schools. We do not pay any fee in public school, but we are encouraged to freely donate, and the PTA determines how such donation is used. The children get breakfast at 7.30am, lunch at 12pm and snacks at around 2pm for only 40 cent, and they close at 3.00pm. We pay 40 cents per child for these meals because our income level is considered higher than been qualified for the free meals. Some parents get absolutely free school meal for their children. Some other parents also pay more than we do for the same meal, because their income is higher than ours. We are even allowed to appeal the school board’s decision for asking us to pay for the meal, if we are not satisfied. Any school material (e.g. reading books, notebooks, pens etc) we buy for our children, we claim the cost back in filling our annual income tax return. In fact, there are books for all students to borrow, read and return to the school’s library, even in primary schools.

Now, this may especially interest you sir, the school nurses/audiologists/ speech pathologists/psychologists etc conduct hearing, speech, and other tests to the children regularly in school, and they help them improve in their learning experience. Any serious case is referred to the hospital for treatment. Everything I have described here are as applicable in the state of North Dakota, it may be slightly different from what is obtainable in other states in the USA, but by and large, public primary and secondary education is free in the USA. I want to believe Your Excellency is aware about the American experience because you had also studied and lived there. Many other counties in Europe, Asia and the Middle East also offer free public primary and secondary education to their school age citizens. I believe these ideas can be replicated in Nigeria, indeed in Oyo State, with some possible amendments to fit our peculiar situations,

if

there is political will and determination to do so.

Your Excellency sir, my ideas won’t be a quick-fix process, but one that requires all indices to be considered, and all stakeholders to be involved. Your government is NOT solely responsible for the long time decay in the system but you can lead the process of formulating an acceptable education policy and funding options that will redress the comatose situation, and your successor can continue later.

6. When I was conducting personal research into solving this problem in 2013, I contacted a good number of school teachers and principals in Oyo town. In one of the schools, for instance, I gathered, among other things, that: a) Out of 268 students in the JS1 classes, only about 30 of them have Mathematics textbooks. b) Out of 160 students in the SS1 classes, only about 25 of them have Mathematics textbooks. c) Ditto for English Language. Even worse for other subjects. d) Many (about 40 to 45%) of these students do not even have note-books! e) Many (about 65%) of them do NOT even come to school with ‘pocket – money’ to buy food for lunch. f) Many of them are NOT staying with their biological parents. A few orphans stay with the extended family members, who can hardly eat one meal a day. g) Few of them stay with a single parent (either mother or father). h) The principal said: “If you see some of the parents/guardians at PTA meetings, you will be tempted to give them alms, poverty clearly show on their faces. The situation is pathetic” I believe the situation is similar elsewhere in Oyo State including the interiors of Ibadan less city. Therefore, any public-private-partnership arrangement that will involve profit making to the private partner will surely price education above the reach of the poor.

Continued next week

Daily Times Nigeria Monday, July 11, 2016

15 Opinion

Kachikwu, NNPC and continuity (1)

P

Sam Ohuabunwa

roponents of restructuring in the Nigerian National Petroleum Corporation, (NNPC), to divest Ibe Kachikwu of his double-barreled position of minister of state for petroleum and group managing director of the corporation have, at last, had their way. Last week, the Special Adviser to the President on Media and Publicity, Femi Adesina announced that Dr. Maikanti Kacalla Baru has been appointed the new GMD of the corporation with a board headed by Dr. Kachikwu. May be, that is just as well so that peace will reign within the establishment.

For far too long, speculation about Kachikwu’s departure from the GMD’s job had ruled the media space with irritating frequency. However, there is never a smoke without a fire.

Kachikwu’s exit was a secret on everyone’s lips except the man who had the power to make it happen. Nevertheless, many had thought that President Buhari would not want to tamper with an arrangement that is working optimally, that the timing of such an action, when it became imperative would allow for the deepening of the winning strategy that is being imple-

mented.

Many reasons had been advanced to justify it: that one man should not hold the two most powerful positions in the oil industry, conveniently ignoring the fact that the ultimate position was held by Buhari who, had he not appropriated the position, still would have overriding powers, including that of removal, over Kachikwu. The overwhelming feeling is that Buhari has capitulated to geopolitical pressures. Worse still, allusions have been made to the exclusion of the southeast zone in the NNPC board as further evidence that the Igbo have no place in a Nigeria ruled by Buhari.

This has become a recurring feature of Buhari’s appointments since he came to power. May be we should remind him that Ibe Kachikwu comes from the South- South geopolitical zone. While we ruminate over the political implications of the President’s action, good conscience will demand that we first consider how it affects Ibe Kachikwu himself. Does the President’s action amount to a vote of no confidence on the minister?

Alternatively, has he discharged the initial mandate that warranted his occupying the two strategic positions at the same time? If Kachikwu were

to leave the cabinet today, what will be his legacy?

To answer these questions will require looking at his mandate against the background of his self-professed benchmarks that revolved around the following fundamental issues: professional restructuring of the NNPC anchored on best practices spearheaded by knowledge based leadership, reversing the loses in the NNPC, enthroning transparency and accountability, steadying fuel supply, restoring confidence in industry and restoring stability to the Niger Delta through a win-win proposition.

Nearly three quarters of a year later, can we attempt an objective scorecard? What will be the highpoints of his performance? Was the NNPC under him able to deliver on the key benchmarks? Is it not possible that Buhari, satisfied that the expectations had been met, therefore decided on a further restructuring to achieve his best intentions? If so, what are those best intentions? Are they best for the country or just for narrow interests, going by the composition of the board.

However one evaluates the situation, judged by the ministry’s accomplishments within so short a

time, it can be argued, without any fear of contradiction, that Kachikwu’s has been one shinning ministerial performance in a rather opaque canvass of questionable administration deliverables. Under him, accountability and transparency have been restored to the NNPC. The publication of monthly accounts may not mean much to the ordinary Nigerian who is more concerned with food on his table, electricity and water at home, employment for his or her three graduate children and a sound sleep at night and a trip from Abuja to Lokoja without the fear of being kidnapped on the way. However, to oil industry stakeholders, investors and entrepreneurs, it provides a solid mirror for understanding what goes on behind those tightly guarded dollarincubating towers, analysing the Nigerian economy and taking investment decisions.

Of course, not even Kachikwu’s detractors will deny that by his handling of the fuel crisis, he established himself as a solid professional, a consummate bargainer and a principled patriot not deterred by the prospect of losing his job in so far as the greater national good was achieved.

To be continued

The leadership debate

T

Matthew Oye

he Nigeria leadership debate is a very important debate. It is often said that everything starts and ends with leadership. This is correct.

For example there was an organisation that was posting loses year after year and suddenly the shareholders decided to kick out the Managing Director and within a space of another year that company started making profit. What was the problem here?

It is a question of leadership. I will start this debate today about the kind of leadership we have been having in this nation.

You see, in spite of thousands of studies by researchers to pin down definite traits that one can imitate to become a great leader, none has bring up explicit traits of the best leader.

Writing in his book “The 360 degree leader-developing your influence from anywhere in the organisation”, John C. Maxwell (2005:7) indicated that leadership is a decision and anyone can lead others.

Arthur G. Jago (1982) asserted that “The process of leadership is the use of non coercive influence to direct and coordinate the activities of an organised group toward the accomplishment of group objectives”.

For Kouses and Poster (1990) leader

must have a vision, be a risk taker, delegate authority, and be interested in the intellectual and personal development of their subordinates.

In the early study of leadership in the 20th Century, researchers tried to find out if there are specific attributes that distinguish leaders from non-leaders.

Therefore, “The great man” view of leadership was developed to identify specific qualities possessed by great leaders that differentiate them from non-leaders. The great man view suggested that leadership qualities were inherent in certain people that were called leader like Abraham Lincoln, Mahatma Gandhi, Winston Churchill, Nelson Mandela, Olusegun Obasanjo.

Ralph Stoghill (1948) compiled and analysed a comprehensive survey about the traits of leaders. Although the analysis was quite comprehensive, it did not come up with specific list of traits that could differential leaders from non leaders. In summarising his analysis, Stoghill submitted that certain circumstances and people require certain type of leadership. According to Stoghill, some people may have traits as born leaders but, to be effective such person must be made in time and place of opportunity, development and experience.

After Stoghill, Kirkpatrick &

Locke (1991) emphasized that successful leaders are born with some traits like drive; the desire to lead and cognitive ability and these traits enhances their success as leaders.

To support the assertion that “leaders are not like other people”, I will like to cite the example of the first president of Ghana Dr Kwame Nkrumah. Nkrumah was said to have exhibited nationalist leadership traits of vision, ambition, cognitive ability right at his early life and despite the fact that he came from a remote village, he was able to rise to the position of leadership in the society based on his ability to cast a national vision and mobilise the people to build the post independence Ghana.

According to Andersen, there is the “big middle of the curve” where the vast numbers of people that can be “made” leaders are. And they can become a leader and become better and better leader when they developed self awareness, getting feedback from subordinates and become good listeners.

On a personal note, I began learning about leadership from my father in the village.. My father was the eldest in the village and normally all discussion regarding marriage squabbles among the villagers, were brought before him. Most times these meetings were held in the evening

after everyone have returned from the farm.

Father would listen for several hours while the parties talked and he would not say anything or give any judgment. It was after each party has spoken their minds that he will guide them to reach a compromise.

Sometime we overestimate the importance of leadership when we look at how a nation function because we think leadership is something that someone in a position of influence can give to another person, not knowing that influence must be earned.

Jim Collins (2003) inferred that a great leader is someone who can “build the stage on which others played”, citing the example of Charles Coffin a relatively unknown General Electric first president who he said built America’s first laboratory and GE system management development. According to Collins, GE later successors’ CEOs like Swope, Cordiner, Jones, and Welch who became giants in their own days rode on the heels of Coffin.

Looking back at my own experience and reflection on literature, I candidly believe that there are some people who are born with a natural aptitude to be leaders and these people are different from others as their leadership ability showed when they meet different opportunities and experiences in life.

16

Daily Times Nigeria Monday, July 11, 2016

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Features FG and urgent need for rescue of traumatised refugees in IDPs

Daily Times Nigeria Monday, July 11, 2016

s

Malnourished child

Statistics have revealed that refugee centers had been built to cater for the victims and are spread over 13 States of the North and Abuja. The camps swell on daily basis with the number of refugees hitting over two million. The spread is as follows: Abuja (13,481 IDPs), Adamawa (136,010), Bauchi (70,078), Benue (85,393), Borno (1,534,149), Gombe (25,332), Kaduna (36,976) Kano (9,331), Nasarawa (37,553), Plateau (77,317), Taraba (50,227) Yobe (131,203), Zamfara (44,929).

What hope for tomorrow?

Idowu Samuel, Abuja For a nation with conscience, the troubling graphic depiction of pathetic life at the Internally Displaced Camps (IDPs) is sufficient to stir emotions in right quarters.

Lately, some Doctors without Borders with some news hounds visited an IDPs’ camp at Bama in Borno and left to tell the world the story of crass dehumanization and degradation of the living condition of refugees. The pictures of humans, mostly children and women so deprived, traumatised and debased to points of death welled up tears.

Incidentally, such pictures trended unrestrained in social media, ending up with the nar-

rative of how detached or rather heartless a nation could be towards the poor and the vulnerable. Such had offered a reason for the New York Times to publish a damning report on the careless manner the authorities in Nigeria have been handling refugees in their different camps.

It is worst when the United Nations Children’s Fund (UNICEF) declared just last week that over 3,000 children are separated from their parents at the Bama IDP Camp, while 140 of them are currently on danger list and are being attended to on daily basis by health workers. Succinctly, the gory pictures of hunger stricken underage, sickly and helpless men and women at the IDP camps are a hint of what to expect in the event an outbreak

17

of similar tragedy in any other part of Nigeria.

From almost all parts of Nigeria, the drumbeats of war are getting louder as separatist groups gear for fight with strident campaign for dismemberment of Nigeria. It is time Nigerians returned to God with fervent prayers to avoid the Armageddon that is grimly staring their nation in the face now.

On daily basis, there are reports of “a catastrophic humanitarian emergency” at the Bama camp which record says accommodate not less than 24,000 refugees, most of them women and children. Some health workers who offer help had also reported that close to 30 children die weekly in the camp. Most tragically, well over 1, 233 graves, according to report, had been dug near the camp so far. It seems that the Bama IDP Camp exists to expose the corruptive in-

stincts of those saddled with the task of attending to the crowd of refugees, depicting them also as people created with the hearts of stone.

Since the Boko Haram war in the Northeast escalated, statistics have revealed that refugee centers had been built to cater for the victims and are spread over 13 States of the North and Abuja. The camps, according to reports, swell on daily basis with the number of refugees hitting over two million.

The spread is as follows: Abuja (13,481 IDPs), Adamawa (136,010), Bauchi (70,078), Benue (85,393), Borno (1,534,149), Gombe (25,332), Kaduna (36,976) Kano (9,331), Nasarawa (37,553), Plateau (77,317), Taraba (50,227) Yobe (131,203), Zamfara (44,929).

In each of the camps, the issue of food, sanitation, shelter, health facilities and others have continued to raise mind-

boggling posers. The refugees appeared to have been trapped eternally with near impossibility trailing the plans to get them relocated to their places of origin from where they were displaced. Worst still, the refugees could not get the sympathy of the host communities since nobody wanted anything to do with them.

From reports, the criminal neglect of refugees in the IDP camps is at the instance of the authorities that seem not imbued with human feelings.

Those detailed to offer the refugees’ succour, as reported, took the heart of the devil by diverting for personal use, the truckloads of food meant for the refugees. Monies had been earmarked in billions for assuaging the plight of the refugees, by both the federal and Borno State governments.

Public-spirited religious groups and individuals of Aliko Dangote’s class had also risen to offer monetary and material assistance at different times. Some international donour agencies too had made contributions. Yet, the sad story remained that certain officials allegedly engaged in mindless stealing of part of what should be used to bring life to the refugees, for self-benefits.

The government of Borno state has not earned a pass mark on IDP issue. This is because the refugees have often complained of alienation due to abysmally low patronage from the state government. The governor of CONTINUED ON PAGE 18

Features 18

Daily Times Nigeria Monday, July 11, 2016

Host communities want nothing to do with IDPs CONTINUED FROM PAGE 17

the state, Kashim Shettima is even said to be livid with rage on the reportage of the case of humanitarian disaster and pestilence that the refugees are subjected to at the Bama camp.

There are complaints that both the National Emergency Management Agency (NEMA) and the State Emergency Management (SEMA) too, have been aloof of the IDP camps, though they may seem to have been overwhelmed. All indications thus point towards a seeming pre-determined plot to wear out the refugees in different camps by exposing them to the worst fate. Yet, the narrative on issues with the IDPs must change, at least, for the rest of the world not to conclude that Nigeria is as a nation peopled by mindless, ruthless, crude citizens.

So far, President Muhammadu Buhari has proved to be the saving grace for the inmates at the IDPs. It presupposes that the burden of reviving dying souls in the IDPs rests squarely on the shoulders of the Federal Government. President Muhammadu Buhari has shown sufficient compassion towards the north-east by moving Nigeria’s war arsenals to the zone, first to precipitate the defeat of the evil known as Boko Haram and on the other hand, see to the well being of those displaced from their communities by the insurgents.

Already, Vice President Yemi Osinbajo is in charge of plans by the Federal Government to rebuild the war ravaged northeast zone of the country and has outlined different measures for doing that.

The office of the Vice President is not taking the report of poor state of IDPs, most espe-

IDPs struggling for food

cially the one in Bama lying low.

It has launched a comprehensive probe on the allegation of diversion of food, monies and other materials meant for the refugees, to determine those who are culpable. Concerned Nigerians, however, expect heads to roll at the end of such probe, if indeed, cases of sharp practices with the largesse meant for the refugees, by government officials are established.

In all, the government of President Buhari deserves a welter of kudos for halting the advances of Boko Haram towards other parts of the country, while decimating the membership strength in the north-east.

Buhari’s government deserves some commendations also for not resting on its oars on plans to rebuild the zone, backing up the process with the required legislation. All the same, Nigerians will continue to look up to the government for greater efforts in ending the miseries of refugees in their respective IDP camps.

As all hands are on deck on expectation of ability by the Federal Government to ensure the final relocation of the refugees in IDPs to their respective communities, it is trite to urge it to halt the open display of crass greed, rapacity and exploitations by officials of governments alleged to be stealing monies and materials meant for the refugees if only to limit the manmade disasters that the refugees are subjected to.

The tears that flow from the eyes of the refugees daily are a form of desperate appeal that President Buhari should come earnestly to their aide and save them from the antics of vampires who pretend to be attending to their needs, while they only serve their selfish interests.

Rice seeds...the hope to self sufficiency by 2019

Ending rice importation through Seed Up-Scaling Project realistic, achievable God’s Covenant Snr President Muhammadu Buhari’s dream of making Nigeria self-sufficient in rice production by 2019 received a boost recently with the inauguration of a project that promises great support in this direction.

Tied to a two-year initiative, Rice Seed Up-Scaling Project was inaugurated by the Director-General, National Agricultural Seed Council (NASC), Mr Olusegun Ojo, in Abuja recently.

The project, which runs from March, 2016 to December, 2017, is an initiative of the West and Central African Council for Agricultural Research and Development (CORAF/WECARD) on the platform of the West Africa Seed Programme (WASP).

It is being implemented by CORAF/WECARD in collaboration with the Seed Entrepreneurs Association of Nigeria (SEEDAN), the umbrella body of private seed companies in the country; and the African Seed Trade Association (AFSTA).

Other participants in the project who are key players in the rice value chain are selected seed companies such as the Rice Farmers Association of Nigeria

(RIFAN), input suppliers, financial service providers, rice millers and the NASC. The United States Agency for International Development (USAID) is funding the project with 800,000 dollars, while SEEDAN is providing the technical support to ensure a seamless implementation.

Stakeholders believe that the project will significantly aid government’s efforts at bridging the huge gap between local production and demand for rice which currently stands between five and 6.4 million metric tonnes annually.

In spite of its huge potential and comparative advantage in rice production, Nigeria currently ranks as the second largest importer of rice in the world and the largest net importer in Africa, spending an estimated N356 billion on importation of the staple annually.

Speaking at the project inauguration and planning meeting, the President of SEEDAN, Mr Richard Olafare, said that the project would significantly aid government’s efforts at addressing the production shortfall.

The initiative seeks to strengthen the production capabilities of the country’s rice farmers and

other players in the sub-sector, including seed companies and link them to improved inputs and finance.

Olafare explained that the project would bring a total of 20,000 hectares of farmland in selected seven states under cultivation using 1,200 metric tonnes of certified seeds to produce a targeted 60,000 metric tonnes of paddy rice by December 2017.

The SEEDAN president listed the selected states as Kano, Niger, Kebbi, Zamfara, Benue, Ekiti and Ebonyi, adding that they were selected based on their comparative advantage in rice production.

According to him, more than 20,000 farmers, 50 per cent of whom will be women and 40 per cent youths, will be engaged in the Rice Seed Up-Scaling Project in the targeted states. ``The project is in support of the ECOWAS Rice Offensive Programme, which has taken off in four pilot countries namely Nigeria, Burkina Faso, Mali and Senegal. ``Among the four countries, Nigeria has the largest chunk of the budget and this is a reflection of the significant role the country is playing as a leader in the regional seed industry,’’ Olafare said.

CONTINUED ON PAGE 19

Daily Times Nigeria Monday, July 11, 2016

19 Features

Expected end product of the 2019 rice revolution Rice agriculture in Nigeria

Ending rice importation through Seed Up-Scaling Project realistic, achievable CONTINUED FROM PAGE 18

``We have split this into what we can do in 2016 and what we will do in 2017. For 2016, we are looking at producing about 48,000 tonnes of paddy and the balance of 12,000 tonnes will be produced in 2017,’’ he said.

The lead consultant explained that the project was designed to provide a link between the participating rice farmers and selected millers, including Labana, Miva, Lagos Rice, and Onyx. ``We have been able to secure the buy in of those selected rice millers, who will serve as off-takers for the targeted 60,000 metric tonnes that will be produced by the participating farmers. ``You can see the connection being provided here; the seed companies will supply the farmers with high yielding seeds to be certified by the NASC, while the seed millers will buy off the produce from the farmers. ``It goes beyond that because you cannot produce when the capacity is not there. We are also building the capacity of more than 120 persons cutting across the various sectors of the rice value chain. ``We are equally going to promote demonstration because we

In spite of her huge potential and comparative advantage in rice production, Nigeria currently ranks as the second largest importer of rice in the world and the largest net importer in Africa, spending an estimated N356 billion on importation of the staple annually. know that some varieties have been developed over times that are not in the hands of the farmers. ``So, we want to compare these varieties with the ones we are promoting to make sure that in the next few years, we can replace materials in the hands of farmers with better varieties that have been developed by research,’’ he said.

Mr Olusegun Ojo, the DirectorGeneral of NASC, said that the council had a critical role to play in the project implementation, being the sector regulator. ``NASC is a member of the national project steering committee; and our role is to guar-

antee the quality of seeds to be deployed by ensuring that participating seed companies are not only accredited but also play by the rules. ``In other words, the council will carry out third party quality assurance for all seed production and provide clearance for seed suppliers under the project,’’ he said.

The Head of Operations, Bank of Agriculture (BOA), Ruphina Atima, informed the participants that the bank would support the project through provision of funds to participating companies and farmers using the Anchor Borrowers model of the Central Bank of Nigeria.

Olusegun Ojo

Also speaking, the Agricultural Officer of First City Monumental Bank, Mr Uchenna Obih, said the bank was ready to support the initiative, adding that its management had already approved N2 billion to support seed production in the country.

The highpoint of the meeting was the inauguration of the seven-member National Project Steering Committee consist-

ing of SEEDAN, RIFAN, NASC, NCRI, BOA, FCMB and WASP. Stakeholders rose from the meeting with a number of resolutions, including the need for close collaboration among financial institutions, NASC and SEEDAN. They also resolved to sign Memoranda of Understanding among themselves and begin immediate implementation of the project to end rice importation.

News 20

Daily Times Nigeria Monday, July 11, 2016

Tambuwal orders of fertiliser middlemen Lateef Ibrahim Abuja

ÏÏÏ Governor Aminu Tambu-

wal of Sokoto State has directed security agencies to arrest and prosecute fertiliser middlemen across the state.

Tambuwal gave the directive in Shuni town, Dange/Shuni Local Government Area of the state on Sunday at the launch of the sale of fertiliser to farmers in the area.

The governor was represented on the occasion by his Commissioner for Solid Mineral and

Natural Resources Development, Alhaji Bello Goronyo.

He said: ‘’With this directive, the security agencies should accost anybody they see with fertilisers and verify its source. ‘’You should seize any fertilisers you see without any valid, duly signed allocation papers. ‘’Such nefarious persons should also be immediately arraigned.in courts.’’

The governor said the state government had subsidised each bag of the commodity by 70 per cent.

According to him, the fertilisers are of three brands; Urea, SSP and NPK.

‘’We bought them for between N6, 500 and N7, 000, per bag, while they will be sold for between N 2,100 and N2, 300. ‘’The gesture is aimed at assisting the farmers to produce more food, reduce unemployment and poverty, among other socio-economic malaise. ‘’So, the state government will not fold its arms and allow any unscrupulous persons to sabotage this noble gesture’ Tambuwal said.’

On his part, the state Health Commissioner, Dr. Balarabe Kakale, said the state government had accorded top priority to the

agricultural sector.

Kakale warned the beneficiaries against selling the commodity and urged the youth to engage in farming as a way helping to diversify the nation’s oil-dependent economy.

The Chairman of the local government, Alhaji Mode Dantasallah, said that the council had set up various sub-committees to ensure that only genuine farmers got the commodity.

The Director of Agriculture for the council, Alhaji Abubakar Jabbi, said that the state government had allocated 4,800 bags of fertilisers to the council area.

Police need collaboration to fight crime – Ojukwu Moses Oyediran Enugu

ÏÏÏEnugu

State Commissioner of Police, Emmanuel Ojukwu, has stated that the priority of his command is to make Enugu safe and secured through relevant partnership.

Ojukwu, according to police public relations unit, was reacting to the recent arrest of three notorious armed robbery suspects at Nsukka, as well as the prevention of a robbery attack and recovery of their weapons on July 8, by the operatives of the Enugu state police command at the boundary of Enugu/ Abia along Enugu/ Port Harcourt expressway.

Magazine plans to empower young entrepreneurs Mathew Dadiya Abuja

ÏÏÏAs part of effort to address

Wife of Lagos State Governor, Mrs. Bolanle Ambode (middle), with members of Women of Light Fellowship during a thanksgiving at Chapel of Christ the Light, Alausa, Ikeja, Lagos… on Sunday.

the growing rate of youths unemployment in Nigeria, develop their capacity and fund their business ideas, Own Boss Magazine said it has conclude plan to hold the third edition of its Youth Entrepreneurship Summit (YES) at Sheraton Hotel, Abuja on Tuesday.

Addressing newsmen on Sunday in Abuja, the Chief Executive Officer/ Publisher, Irene Ottih said that the summit is in line with the Change Agenda of President Muhammadu Buhari administration, adding that it aimed at equipping young peo-

ple with the skills and knowledge to be self-employed by starting and managing their own businesses.

According to Ottih, the theme of the programme is “Accelerate, Network, Grow your Business,” targeted at fostering the growth of entrepreneurship in young minds and at creating an enabling environment for startups highlights in the country and across all sectors.

YES will showcase the existing facilities and support services available to prospective young entrepreneurs to realise their business dreams.

She said that the Minister of Youth and Sport, Barr. Solomon Dalong would be the Special Guest at the Summit.

Point system in circulation not criteria for admission, says JAMB

ÏÏÏThe Joint Admissions and

Matriculation Board (JAMB), on Sunday, said the point system copied from its website as criteria for admission into tertiary institutions in the country and currently circulating was a mere illustration.

This is contained in a statement by the board’s Head, Media and Information, Dr. Fabian Benjamin and made available to the News Agency of Nigeria (NAN) in Lagos.

It said that on the contrary, the Federal Government had approved the re-enforcement of ad-

mission guideline as recognised by law.

According to the statement, the admission of candidates into tertiary institutions will be based purely on three pillars namely, merit, catchment and educationally less developed states.

It said that the point system that was wrongfully copied from the board’s website and currently being circulated by some media was used for illustration by the Registrar, Prof. Dibu Ojerinde. ``Sequel to the recent workshop convened by the Minister of Education on the modality for 2016 admission into tertiary

institutions in Nigeria, the Federal Government approved the re-enforcement of admissions guideline recognised by law. ``This is following the cancellation of the post Unified Tertiary Matriculation Examination (UTME). ``This is not the point system as widely circulated in some media. ``For the avoidance of doubt, the board wishes to state clearly that the point system is an illustration by the Registrar of JAMB. ``It is meant to demonstrate how a few institutions were us-

Prof. Ojerinde

ing the point system to select candidates while some of their counterparts were subjecting candidates to written test. ``The illustrations are contained in a paper presented by the registrar and placed on our website and was adopted by the media wrongly as the 2016 guideline for admission,’’ the statement said.

It added that the 2016 admissions will be conducted purely on the three existing admission pillars of merit, catchment area and educationally less developed states through the following process.

Daily Times Nigeria Monday, July 11, 2016

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OMOBA KUNLE OYELAJA FOUNDATION

MARKENGEE TOUCHING LIVES INTERNATIONAL

OKEMAGBA HUNTERS &FARMERS ASSOCIATION

The general public is hereby notified that the above Named FOUNDATION has applied to the Corporate affairs commission Abuja for registration under the part C of the companies and allied matters act 1990.

This is to inform the general public that the above named INTERNATIONAL has applied for Registration to the Corporate Affairs Commission under Part “C” of the Companies and Allied Matters Act 1990.

This is to inform the general public that the above named ASSOCIATION has applied for Registration to the Corporate Affairs Commission under Part “C” of the Companies and Allied Matters Act 1990.

THE TRUSTEES ARE: 1. OYELAJA RAFIU ADEKUNLE 2. OYELAJA ABIODUN KAREEEM 3. OYELAJA OLUBUNMI SAMUEL 4. SANNI ABIMBOLA SIKIRU

Trustees 1. IJEOMA NGOZIMARKS AJIAMAH 2. MARKSON AISELIMHE AJIAMAH 3. REV FR JOSEPHAT CHUKWUDI OBIAJUNWA 4. MR OTTIH EZUMA 5. MRS ONYINYE NNAJI.

AIM AND OBJECTIVE: 1. To help the needy 2. To empower the youth with entrepreneurial skills.

Aim and objectives 1. To create empowerment and independence in the lives of widows and orphan through Media,Broadcasting in positive diversified ways.

Any objections to this registration should be forwarded to the Registrar general corporate Affairs commission plot 420 tigris crescent off aguiyi ironsi street maitama Abuja within 28days from the date of this publication.

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

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THE TRUSTEES ARE: 1. GANIYU SALAU - CHAIRMAN 2. OLATUNJI REMILEKUN - SECRETARY 3. ALHAJA ALESINLOYE RISIKAT - TREASURER 4. ATANDA ABIGEAL - MATRON 5. AGBALAJA EZEKIEL - MEMBER 6. GBADAMOSI KEHINDE - MEMBER 7. OGUNYINKA KEHINDE - MEMBER 8. ALHAJA IYABODE ISOLA - MEMBER AIM AND OBJECTIVE: To promote unity among the members.

Any objections to this registration should be forwarded to the Registrar general corporate Affairs commission plot 420 tigris crescent off aguiyi ironsi street maitama Abuja within 28days from the date of this publication.

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ANY OBJECTION TO THIS REGISTRATION SHOULD BE FORWARDED TO THE REGISTRAR GENERAL CORPORATE AFFAIRS, PLOT 420, TIGRIS CRESCENT, OFF AGUIYI IRONSI STREET, MAITAMA, ABUJA WITHIN 28 DAYS OF THIS PUBLICATION. SIGNED : BARR. OLALEKUN FADIYA

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This is to inform the general public that the above named CHURCH has applied for Registration to the Corporate Affairs Commission under Part “C” of the Companies and Allied Matters Act 1990.

This is to inform the general public that the above named ORGANISATION has applied for Registration to the Corporate Affairs Commission under Part “C” of the Companies and Allied Matters Act 1990.

THE TRUSTEES ARE: 1. RT. REV. DANIEL OBI 2. MOTHER GENERAL JUDITH OBI THE AIMS AND OBJECTIVES TO PREACH THE GOSPEL OF OUR LORD 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.

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

This is to inform the general public that the above named FOUNDATION has applied for Registration to the Corporate Affairs Commission under Part “C” of the Companies and Allied Matters Act 1990.

This is to inform the general public that the above named MINISTRY has applied for Registration to the Corporate Affairs Commission under Part “C” of the Companies and Allied Matters Act 1990.

THE TRUSTEES ARE. 1.Femi Falana (SAN 2.Dr. Osagie Obayuwana 3.Prof. Lucky Akaruese 4.Gbenga Awosode Esq. 5.Debo Adeniran

Names of trustees 1. Amina Usman 2. Hassatu Usman 3. Aliyu Usman 4. Abubakar Usman 5. Asman Banye

Trustees.

1. Reverend Olusola Denton (Chairman) 2. Rev (Mrs) Olubukola Denton 3. Mrs. Boladale Daramola 4. Mr Josiah Dickson (secretary) 5. Mr. Sunday Olu Babalola 6. Pastor Ifeanyi Anadu

COMMITTEE FOR THE DEFENCE OF HUMAN RIGHTS

THE AIM AND OBJECTIVE: 1.To defend, sustain and promote fundamental human rights guaranteed in the Nigerian Constitution, the African Charter on Human and People’s Rights, the United Nations Declaration of Human Rights and other International conventions and covenants on human rights.

Aim and objectives 1. To promote programs and policies that address issues of women / youth empowerment,Poverty eradication,enshrine local government through advocacy campaings , learning and networking.

2. To promote programs aimed at empowering widows , orphans and the less privileged in Nigeria

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

SIGNED : Comrd. Deji Adebowale SECRETARY

Signed: Barr. Chukwuogo Amaka Stellamaris

Signed: Barr sola

CULTURAL CENTRE MEAT SELLERS ASSOCIATION, PORTHARCOURT, RIVERS STATE THIS IS TO INFORM THE GENERAL PUBLIC THAT THE ABOVE NAMED HAS APPLIED FOR REGISTRATION TO CORPORATE AFFAIRS COMMISSION UNDER PART C OF THE COMPANIES AND ALLIED MATTERS ACT NO. 1 OF 1990 TRUSTEES: 1. ISIAKA ODEYINKA 2. QURISIYU MUBASHIRU ATANDA 3. OLUWATOYIN ADESINA 4. ABDUL RAHEEM ISKILU ISHOLA 5. OJO LUCY 6. ISMAILA ADISAFE ABDUL 7. ABODUNRIN MICHEAL ADE 8. OLAYIDE ALIU 9. ADEDIRUN KAYODE 10. SAHEED ADEWALE AIMS AND OBJECTIVES TO ASSIST, PROMOTE AND PROMOTE THE WELFARE AND INTEREST OF MEMBERS

DIVINE ROYAL LIGHT SOCIAL CLUB OF NIGERIA THIS IS TO INFORM THE GENERAL PUBLIC THAT THE ABOVE NAMED HAS APPLIED FOR REGISTRATION TO CORPORATE AFFAIRS COMMISSION UNDER PART C OF THE COMPANIES AND ALLIED MATTERS ACT NO. 1 OF 1990 TRUSTEES: 1. EBELE INNOCENT NONSO 2. OKORO JAMES CHUKWUDI 3. CHUKWUAGU ARINZE FRANCIS 4. DARA JOSEPH SUNDAY AIMS AND OBJECTIVES 1. TO PROMOTE ONENESS AMONG MEMBERS. 2. TO PROTECT THE OVERALL INTEREST OF THE MEMBERS. 3. TO HELP EACH OTHER AS FRIENDS AND BROTHERS. 4. TO PROMOTE THE WELFARE OF MEMBERS.

Aim and objectives 1. To edify the body of Christ through music, teaching and preaching the gospel of Christ 2. Raising dynamic people of praise 3. Touching lives and glorifying Christ through praise and worship.

DOXA DELIVERANCE GOSPEL CHURCH INTERNATIONAL THE GENERAL PUBLIC IS HEREBY NOTIFIED THAT THE ABOVE NAMED HAS APPLIED TO THE CORPORATE AFFAIRS COMMISSION FOR REGISTRATION UNDER PART “C” OF THE COMPANIES AND ALLIED MATTERS ACT OF 1990.

THE TRUSTEES ARE: 1.Rev. Oludele Abayomi Fawehinmi 2.Pastor Olufunmilola Toluoppe Abayomi 3.Evang. Akinjisola Akinlolu 4.Deacon Ayo George 5.Evang. Victoria Fadeke Ayodele 6.Lady Evang. Faith Susan Uwakala 7.Mr. Sunday Tunde.

THE AIM AND OBJECTIVE: 1.To preach the word of our Lord Jesus Christ worldwide.

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

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

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

SIGNED: SECRETARY

SIGNED: EBELE INNOCENT NONSO

SIGNED : SECRETARY

REHOBOTH - PROPHETIC INTERNATIONAL MINISTRY

VESSELS OF GRACE CHAPEL

EL-PANIM MINISTRY INTERNATIONAL

The General Public is hereby notified that the above named MINISTRY has applied for registration with the corporate Affairs Commission Abuja under part C of the companies and Allied Matters Act 1990.

The General Public is hereby notified that the above named has applied for registration with the corporate Affairs Commission Abuja under part C of the companies and Allied Matters Act 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 OF 1990.

THE TRUSTEES ARE 1.

DIETANURU OGHENERO OJEGBA 2. DAVID OLISURU ODJEGBA 3. ODUSANYA ADE DADA MARGARET 4 OGHENEOCHUKO NEWTON DENILA AIMS AND OBJECTIVES ARE 1. To preach the word of God throughout the world 2. To win soul for Christ 3.

To deliver people from bondage

THE TRUSTEES ARE 1.

AJELOWO OLORUNWA JAMES 2.

AJELOWO ANNE ENE 3.

AJELOWO AKINFOSILE 4 AJIBUA REMILEKUN GRACE 5 AUDU MERCY PRAISE

THE TRUSTEES ARE: 1.John Idoko 2.Balaraba John 3.George Anthony 4.Jeremiah Obanyero

AIM AND OBJECTIVE To preach the gospel of our Lord Jesus Christ

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

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: TRUSTEES

SIGNED : PALACE SOLICITORS 08023865797

THE AIMS AND OBJECTIVES ARE: 1.To propagate and preach worldwide the awesome presence of God. 2.To guide each individual to put his full faith and trust in the Lord Jesus Christ and to love Him with all his heart, soul, mind and strength, and to love his neighbor as himself.

ANY OBJECTION TO THIS REGISTRATION SHOULD BE FORWARDED TO THE REGISTRAR GENERAL CORPORATE AFFAIRS, PLOT 420, TIGRIS CRESCENT, OFF AGUIYI IRONSI STREET, MAITAMA, ABUJA WITHIN 28 DAYS OF THIS PUBLICATION. SIGNED : LONA AAKO-ADEKWU DIEGBE, DIEGBE & ASSOCIATES.

Public Notice 22

Daily Times Nigeria Monday, July 11, 2016

BANJI SAMUEL OLUWATOBILOBA

AFOLABI FUNMILAYO CHRISTIANA

I FORMERLY KNOWN AND ADDRESSED AS OBIBADE BANJI TOBI NOW WISH WISH TO BE KNOWN AND ADDRESSED AS BANJI SAMUEL OLUWATOBILOBA ALL FORMER DOCUMENTS REMAIN VALID GENERAL PUBLIC SHOULD TAKE NOTE

I formerly known and addressed as AFOLABI FUNMILAYO BRIGHT now wish to be known and addressed as AFOLABI FUNMILAYO CHRISTIANA all Former documents remain valid general public should take note

I FORMERLY KNOWN AND ADDRESSED AS MRS ADEGBOLA COMFORT NIHINLO NOW WANTED TO BE KNOWN AND ADDRESSED AS MISS AMOS COMFORT NIYILOLA. SKYE BANK, GTB BANK AND THE GENERAL PUBLIC SHOULD TAKE NOTE.

JOB SHAIBU

KING ABUNDANT NAHSHON

ANIFOWOSHE AYOBAMI BOLA I was formerly known and addressed as ANIFOWOSHE AYOMIDE BOLA Now wish to be known and addressed as ANIFOWOSHE AYOBAMI BOLA. All former documents remain valid.

General public to take note.

I, formerly known and addressed as, ACHIMI MICHAEL, now wish to be known and addressed as, JOB SHAIBU. All former documents remains valid. General public should take note.

MISS AMOS COMFORT NIYILOLA

I, formerly known and addressed as, KING ADDAH NAHSHON, now wish to be known and addressed as, KING ABUNDANT NAHSHON. All former documents remain valid. General public should take note.

MUDASHIRU BALURE

OFIENBOR AMA MAGDALENE

I formerly known and addressed as MUDASHIRU ISHOLA ISSA, now, wish to be known and addressed as MUDASHIRU BALURE. All former documents remain valid. General public please take note.

I FORMALLY KNOWN AND ADDRESSED AS AMA BENSON NOW WISH TO BE KNOWN AND ADDRESSED AS OFIENBOR AMA MAGDALENE. ALL FORMER DOCUMENTS REMAIN VALID GENERAL PUBLIC TAKE NOTE

MRS. MARGARET JAACHIMMA NWACHUKWU

OLADELE FAUSATU AINO

I, formerly known and addressed as, MISS. MARGARET JAACHIMMA IWU, now wish to be known and addressed as, MRS. MARGARET JAACHIMMA NWACHUKWU. All former documents remains valid. General public should take note.

AMACHI GRADUATE ASSEMBLY

TAXI OPERTORS ASSOCIATION, ENUGU STATE

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 1, 1990.

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 1, 1990.

THE TRUSTEES ARE: 1. DR. MBAM OBASI PETER 2. PRO. MBAM CHUKWUMA BENEDICT 3. DR. ACHI EVELYN CHINONYELUM 4. DR. OGBONNA BIGBEN 5. SURV. IGWEOGU JOSEPH NWANKWO 6. MR. NWANKWEGU EMMANUEL CHUKWUEMEKA 7. BARR. NWOKEOCHA ANDREW SUNDAY

THE TRUSTEES ARE: 1. AJOGWU SAMUEL CHINEDU (CHAIRMAN) 2. ISIOBODO EMMANUEL 3. WALTER UKEH 4. OZIOKO CHIKA 5. COSMOS CHUKWU 6. UCHE IWUAGWU

AIMS AND OBJECTIVES: 1. To foster unity, peace, support, development among our members.

2. To bring moral awareness among our members

AIMS AND OBJECTIVES: 1. To protect the interest and welfare of the members.

2. To promote unity among members.

3. To provide all firms of assistance to needy members..

Any objection to this registration should be forwarded to Registrar-General Corporate Affairs Commission, Plot 420, Tigris Crescent off Aguiyi Ironsi Street, Maitama Abuja within 28 days of this publication.

Signed: BARR. A. S. NWOKEOCHA 52 Chime Avenue, New Haven, Enugu.

THE KEYS, OF THE KINGDOM OF HEAVEN MINISTRIES CHURCH This is to inform the general public that the above named Church has applied to the Corporate Affairs commission Abuja, for registration under part ‘’ C’’ of the Companies and Allied Matters Act of 1990 .

THE TRUSTEES ARE; 1. Emmanuel Nehemiah Nya. 2. Kelechi Adanna Nya. AIMS/OBJECTIVES : 1. Abiding soul and success.

2. Opening the mind of people to know God. Any objections to this registration 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.

SIGNED : Emmanuel Nehemiah Nya.

HAVILAH COMMUNITY HEALTH EDUCATION FOUNDATION. The general public is hereby inform that the above named Foundation has applied to Corporate Affairs Commission for registration under Part ‘C’ of the Companies and Allied Matters Act, Degree No. 1 of 1990.

THE TRUSTEES ARE: 1. Dr. Ekong, Emmanuel Borniface - Chairman 2. Mrs. Ekong, Idaresit Emmanuel - Secretary 3. Maxwell, Maria Emmanuel 4. Mr. Idem, Ntiense Samuel 5. Mr. Umanah, Uduak Akpan AIMS/OBJECTIVE: 1. To foster and promote unity among members Any objection to the registration shouls be forwarded to the Registrar-General, Corporate Affaira Commission, Plot 420 Tigris Crescent, Off Aguiyi Ironsi Street, Maitama, Abuja within 28 days of this Publication.

Signed: DR. EKONG, EMMANUEL BORNIFACE CHAIRMAN.

Any objection to this registration should be forwarded to Registrar-General Corporate Affairs Commission, Plot 420, Tigris Crescent off Aguiyi Ironsi Street, Maitama Abuja within 28 days of this publication.

Signed: TRUSTEES

LEGACY FANS CLUB PORT HARCOURT 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 of 1990.

TRUSTEES ARE: 1. MUKAILA SALAMI 2. IBRAHIM ADEWALE 3. NURENI OLUKUTAN 4. YUSUF OLORUNTOYIN AIMS AND OBJECTIVES: 1. TO FOSTER UNITY OF MEMBERS 2. TO PROMOT CULTURE OF YORUBA 3. TO ASSIST MEMBERS PROGRESSIVELY 4. TO OPERATE IN ACCORDANCE WITH THE CONSTITUTION AND BYE-LAW OF THE CLUB. 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 from the date of this publication.

Signed: K. A OLANIREGUN ESQ SOLICITOR

NOT JUST A PRETTY FACE ORGANISATION The general public is hereby notified that the above named Organisation has applied to the Corporate Affairs Commission for Registration under part “C” of the Companies and Allied Matters Act 1990.

The Trustees are : 1. Jennifer Kaja 2. Samson Itodo The Aim and objective: 1. To create awareness for the need to educate the girl child Any objection to this registration must reach the Registrar-General of Corporate Affairs Commission Maitama Abuja within 28 days of this publication.

Signed: Secretary

I,formerly known as SANUSI FAUSATU AINO,.NOW WISH TO BE KNOWN AND ADDRESS AS OLADELE FAUSATU AINO. ALL FORMER DOCUMENT REMAIN VALIED..ZENITH ,DIAMOND BANKS AND GENERAL PUBLIC SHOULD TAKE NOTE

MRS OMOWUNNI MOJISOLA TAIWO I Formerly known and addressed as MISS OMOWUNMI MOJISOLA OBADINA now wish to be known and addressd as MRS OMOWUNNI MOJISOLA TAIWO all Former documents remain valid general public should take note

UDEOZOH BLESSING I, formerly known and addressed as OKECHI BLESSING, now wish to be known and addressed as UDEOZOH BLESSING. All former documents remain valid. General public please take note

HOPE OF LIFE MINISTRY INT’L. The general public is hereby inform that the above named Ministry has applied to Corporate Affairs Commission for registration under Part ‘C’ of the Companies and Allied Matters Act, Degree No. 1 of 1990.

THE TRUSTEES ARE: 1. Evangelist Godwin Benson Udofah - President 2. Rev. (Dr.) Aniekan Etim Akpan 3. Pastor (Mrs) Idongesit Godwin Udofah 4. Rev. Okokon Eshiet Udo 5. Elder Ephraim Jimmy Oton - Secretary AIMS/OBJECTIVES: 1. To preach the gospel of Jesus Christ.

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

Signed: Evangelist Godwin Benson Udofah President.

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

THE TRUSTEES ARE: 1. BARR. AMANIM AKPABIO 2. BARR. (MRS) EDU AMANIM AKPABIO 3. EVANG. JOHN DENNIS UDOH 4. MRS. HELEN UWEM DANIEL 5. BARR. ENEFIOK ESSIEN The aim and objective: 1.TO REACH OUT TO THE UNSAVED BY ALL DIVINELY INSPIRED PERMISSIBLE MEANS Any objection to this registration should be forwarded to the RegistrarGeneral, Corporate Affairs Commission, Plot 420, Tigris Crescent, Off Aguiyi Ironsi Street, P.M.B. 198, Maitama, Abuja within 28 (Twenty-eight) days of this publication.

Signed; Secretary

THE DIVINE GRACE AND MERCY INT’L MINISTRY 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 TRUSTEES ARE:(1) Umezulike Nzubechukwu Godson (CHAIRMAN) (2) Umezulike Chukwuemeka (SECRETARY) ( 3) Umezuruike Mary Ezidimma THE AIMS AND OBJECTIVES ARE:(1) TO PREACH THE GOSPEL OF OUR LORD JESUS CHRIST (2) TO WIN MORE SOULS FOR CHRIST Any objection to this registration should be forwarded to RegistrarGeneral, Corporate Affairs Commission, Plot 420, Tigris Crescent, Off Aguiyi Ironsi Street, Maitama Abuja within 28 days from the date of this publication SIGNED BY : SECRETARY

EJIGBO INDIGENES OF OSUN STATE ASSOCIATION

BLUE GATE PUBLIC HEALTH PROMOTION INITIATIVE

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 ASSOCIATION has applied to the Corporate affairs commission Abuja for registration under the part C of the companies and allied matters act 1990.

THE NAMES OF TRUSTEES ARE:(1) Nnamani Chinwe Isaiah, (2) Nnamani Happiness Chineye Onyema, (3) George Udeigwe, (4) Simeon Anekwe, (5) Usuwa Joy Chioma, (6) Obi Victor.

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 OF 1990.

The Trustees Are: 1. Adetunji Sheriff Majaro - President 2. Kolawole Balogun Azeez - Secretary 3. Okunlona Musibau Ishola 4. Oguriola Waheed Olawale 5. Yusuf Ahmed Alani.

THE AIMS AND OBJECTIVES ARE:(1) TO PREACH THE GOSPEL OF JESUS CHRIST WORLDWIDE (2) TO PROCLAIM THE GOSPEL OF CHRIST TO ALL NATIONS THROUGH VARIOUS GODLY MEANS .

(3) TO WIN MORE SOULS FOR CHRIST

Aims And Objectives: 1. Promoting unity among members.

2. Assisting members financially.

3. To raise money in such manner as the association shall think fit.

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

Any objection to the registration shouls be forwarded to the RegistrarGeneral, Corporate Affaira 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, PLOT 420, TIGRIS CRESCENT, OFF AGUIYI IRONSI STREET, MAITAMA, ABUJA WITHIN 28 DAYS OF THIS PUBLICATION.

SIGNED BY: SECRETARY

Signed: President.

Signed: Trustees

HIS LIFE AND SOUL WINNING CHURCH

THE TRUSTEES ARE: 1. Ademola Adelekan 2. Adetona Tunrayo Tinuade 3. Atinuke Agunloye AIMS: 1. To positively influence the health behaviour of individuals and communities as well as the living and working conditions that influence their health.

2. To identify possible ways to promote public health through program implementation, support practitioners in project development.

Daily Times Nigeria Monday, July 11, 2016

23 News

NULGE, MHWU threaten to drag Dickson before EFCC over unpaid salaries

Akam James, Yenagoa

ÎÎÎThe

National Union of Local Government Employees (NULGE) and its Medical and Health Workers Union (MHWUN) counterpart, Bayelsa State Chapters, have threatened to drag the State Governor, Henry Seriake Dickson, to the Economic and Financial Crimes Commission (EFCC) and to report him to Presi-

dent Mohammadu Buhari, if he failed, within seven days, to release for payment the N1.2billion bailout fund he received from the Federal Government to off-set the local government workers’ salaries, whom according to them, some have been owed up to thirteen months.

In a communique issued at the end of the joint executive council of the two unions in Yenagoa and signed by the

Secretaries of the two unions, Comrades Tonye Jaja and Arafat Letam Wibani, respectively, and made available to newsmen, the unions stated that if the government failed to release the fund, they would have no other option than to invite the Economic and Crimes Financial Commission to step in and recover the money.

According to the group, they would not accept the fifty percent salary payment as

proposed to them by the government, stressing that the wages and salaries of workers were guided by law and could not be slashed except the employees were convinced of the financial position of the state.

The unions further called on the Commissioner for Local Government and Administration, Hon. Agatha Goma, to always release the monthly statutory allocation after the Joint Allocation Committee(JAC ) to

the various Local Government Councils, as required by law, while urging the state government to, without delay, release the full January and February salaries to the genuine, verified and confirmed staff of

the local government and also advised the government to release ten percent of the internally generated revenue(IGR) and twenty percent of the derivation funds for the running of the councils.

Dangote seeks help for hungry IDPs ÎÎÎWorried at the report-

ed unhealthy conditions of the internally displaced persons in various camps across the country, President of Dangote Group, Aliko Dangote, has called on well-meaning Nigeria to rise up to the occasion and assist government in ameliorating the situation in IDPs camps.

Dangote said this was the time that wealthy Nigerians should stand up and be counted as thousands of fellow citizens were languishing in the camps due to insufficient facilities and food items.

The business mogul, who recently donated N2 billion and millions of Naira worth of food items on behalf of the Dangote Foundation, to the IDPs, when a visited some of the camps, in Maiduguri, in Bornu State, urged Nigerians to come to their aid.

Speaking during a visit MOSES GWATANA ABRAHAM I FORMERLY KNOWN AND ADDRESSED AS MOSES IJASINI MEDUGU NOW WISH TO BE KNOWN AND ADDRESSED AS MOSES GWATANA ABRAHAM ALL FORMER DOCUMENTS REMAIN VALID GENERAL PUBLIC SHOULD TAKE NOTE

OBASI IFEANYICHUKWU OBASI I FORMERLY KNOWN AND ADDRESSED AS OBASI MICHAEL NOW WISH TO BE ADDRESSED AS OBASI IFEANYICHUKWU OBASI ALL FORMER DOCUMENTS REMAIN VALID GENERAL PUBLIC SHOULD TAKE NOTE

MRS. PATRICIA CHIDUBEM UDORJI I was formerly known and addressed as MISS PATRICIA CHIDUBEM NWOSU Now wish to be known and addressed as MRS. PATRICIA CHIDUBEM UDORJI. All former documents remain valid.

General public to take note.

Dangote

by North East Development Coalition to his office at the weekend, Dangote said that he was particularly moved by the reports of deaths and malnutrition, which had hit the camps, saying “We cannot open our eyes and allow our fellow citizens continue to suffer like this for no fault of theirs. We need to partner with the government and help those in the camps.

“It is obvious government alone cannot cater CORRECTION OF NAME THAT MY NAME WAS WRONGLY WRITING AS SHOWUNMI DAYOR MY CORRECT NAME IS SHOWUNMI ADEBAYO ALL FORMER DOCUMENTS REMAIN VALID GENERAL PUBLIC SHOULD TAKE NOTE

SHOWUNMI ADEDAYO I FORMERLY KNOWN AND ADDRESSED AS ATANDA OLAMILEKAN OLAMIDAYO NOW WISH TO BE ADDRESSED AS SHOWUNMI ADEDAYO ALL FORMER DOCUMENTS REMAIN VALID GENERAL PUBLIC SHOULD TAKE NOTE MRS INIVE BARISI MBARAGBOR I, formerly known and addressed as, MISS ABEZE INIVE EKETIMO, now wish to be known and addressed as, MRS INIVE BARISI MBARAGBOR. All former documents remains valid.

General public should take note.

for this people, not even at this time when there is a paucity fund. These people need our help and with what God has provided for us we need to help them”, he stated, while describing the situation in the entire North East as requiring all possible humanitarian assistance”.

Within a period of five years, the total amount donated to various camps of Internally Displaced Persons (IDPs), across the country by the Dangote Foundation has grown significantly to N6.3billion.

It would be recalled that a sum of N364 million was donated to IDPs in Kaduna, Bauchi and Gombe states after the post-election violence in 2011 rendered many homeless, while N100 million and N60 million were, respectively, donated to victims of flood disaster in Lagos and Oyo states in 2011.

Dangote Foundation donated N2.5 billion in 2012 to IDPs affected by the flood disaster across 22 states of the federation and N39.34 million to those IDPs displaced by the communal clash in Benue state in 2014.

While N42.5 million was used in feeding 5000 IDP households across Borno, Yobe and Adamawa states last year, N100 million and N50 million were, respectively, contributed to the appeal fund raised by the Daily Trust newspapers to cater for the IDPs in the north-east and to support the Adamawa Peace Initiative all for the IDPs. The sum of N1 billion was also recently pledged to Victim Support Fund for IDPs across the Northeast.

Dangote promised the coalition that he would do everything within his power to assist the IDPs and improve their suffering.

Gov. Dickson CORRECTION OF NAME I, MORGAN NAMASI PETER, wish to correct my name which was wrongly written as, MORGAN NAMASI APRIL, in my BVN details.

That my correct name is, MORGAN NAMASI PETER. All former documents remains valid. General public should take note.

OJEWUNMI OLUSOLA OMOTUNDE I FORMERLY KNOWN AND ADDRESSED AS OLUSOLA OMOTUNDE OYENIYI NOW WISH TO BE KNOWN AND ADDRESSED AS OJEWUNMI OLUSOLA OMOTUNDE ALL FORMER DOCUMENTS REMAIN VALID GENERAL PUBLIC SHOULD TAKE NOTE

CHIDI AJAEGBU EMPOWERMENT FOUNDATION The general public is hereby notified that the above named Association has applied to the Corporate Affairs Commission for Registration under part “C” of the Companies and Allied Matters Act 1990.

The Trustees are : 1. Chidi Onyeukwu Ajaegbu 2. Josephine Isioma Ajaegbu 3. Chiamaka Julia Ajaegbu 4. Tochukwu Naomi Ajaegbu 5. Ekene Chukwukadibia Ajaegbu The Aim and objectives: 1. To empower the indigent members of the society 2. To promote the welfare of members Any objection to this registration must reach the Registrar-General of Corporate Affairs Commission Maitama Abuja within 28 days of this publication.

Signed: Chikezie Madubuike

OBIELUEM VICTOR ONYEDICACHI I FORMERLY KNOWN AND ADDRESSED AS OBIELUEM JAMES ONYEDICACHI NOW WISH TO BE KNOWN AND ADDRESSED AS OBIELUEM VICTOR ONYEDICACHI ALL FORMER DOCUMENTS REMAIN VALID GENERAL PUBLIC SHOULD TAKE NOTE

BELLO PARTRICK SESERETEIT I FORMERLY KNOWN AND ADDRESSED SUNDAY TAMARA NOW WISH TO KNOWN AND ADDRESSED AS BELLO PARTRICK SESERETEIT AL FORMER DOCUMENTS REMAIN VALID GENERAL PUBLIC SHOULD TAKE NOTE

AJAO ADETOUN TEMITOPE I, formerly known and addressed as, AJAO ADETOUN ALAKE, now wish to be known and addressed as, AJAO ADETOUN TEMITOPE. All former documents remain valid. General public should take note.

COMFORT STEPHEN

UMOH EMMANUEL UDEME

I FORMERLY KNOWN AND ADDRESSED AS COMFORT SUNDAY NOW WISH TO BE KNOWN AND ADDRESSED AS COMFORT STEPHEN ALL FORMER DOCUMENTS REMAIN VALID GENERAL PUBLIC SHOULD TAKE NOTE

I FORMERLY KNOWN AND ADDRESSED AS MELODY EMMAUNEL UMOH NOW WISH TO BE KNOWN AND ADDRESSED AS UMOH EMMANUEL UDEME ALL FORMER DOCUMENTS REMAIN VALID GENERAL PUBLIC SHOULD TAKE NOTE

EMAH JOSHUA SUNDAY

MR UBONG ANTHONY OBOTT .

I, formerly known and addressed as SUNDAY EMAH, now want to be known and addressed as EMAH JOSHUA SUNDAY, all former documents remain valid. The general public should please take note.

I FORMALLY KNOWN AND ADDRESSED AS Mr UBONG JOHNSON OBOT NOW WISH TO BE KNOWN AND ADDRESSED AS MR UBONG ANTHONY OBOTT . ALL FORMER DOCUMENTS REMAIN VALID GENERAL PUBLIC TAKE NOTE

MONDAY PAUL AWAJIIKEKEINYEM

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I, formerly known and addressed as, MONDAY SAUL AWAJIIKEKEINYEM now wish to be known and addressed as, MONDAY PAUL AWAJI- IKEKEINYEM. All former documents remains valid.

General public should take note.

THOMPSON GRACE I FORMERLY KNOWN AND ADDRESSED AS THOMPSON DORIS NOW WISH TO BE ADDRESSED AS THOMPSON GRACE ALL FORMER DOCUMENTS REMAIN VALID GENERAL PUBLIC SHOULD TAKE NOTE

ADELEKE ADENIKE ASAKE I, FORMERLY KNOWN AND ADDRESSED AS ADELEKE NIKE NOW WANT TO BE ADDRESSED AND CALLED ADELEKE ADENIKE ASAKE , DATE OF BIRTH 31/12/1975. OF NO 90 APATA STREET SHOMOLU LAGOS. GENERAL PUBLIC PLEASE NOTE.

CORRECTION OF NAME. I, formerly known and addressed aS OKORIE UCHENNA FRANCIS and OKORIE FRANCIS UCHE. That both name refer to one and the same person. Henceforth, i wish to be known and addressed as OKORIE UCHENNA FRANCIS. All former documents remain valid. General public should take.

News 24 Methodist Church honours Iwu, Nnaji, others as ambassadors

ÏÏÏ Two outstanding Nigerian

scientists of global repute, Professor Maurice Iwu and Professor Bath Nnaji were among other Nigerians honoured at the weekend as Distinguished Ambassadors of Christ by the Methodist Church, Owerri Diocese, Imo State.

According to the Rt. Reverend Dennis Mark, the Diocesan Bishop of the Methodist Cathedral of Unity, in Owerri, the awardees were being honoured for their commitment to the service of God and humanity, emphasising that “the recipients had deployed their God-given talents, time and resources to promote God’s work in their various communities, local churches and the wider society”.

The cleric said the award followed the recommendations of the Diocesan Award Committee and it testifies to the character and Christian discipline of the recipients, as well as the iconic roles they had played in the development of the nation.

Professor Iwu was a former Chairman of the Independent National Electoral Commission (INEC) where he initiated farreaching reforms – including the introduction of electronic voter register, which has continued to define the nation’s electoral system. He also introduced The Electoral Institute, the capacitybuilding- cum-research arm of the electoral commission.

Daily Times Nigeria Monday, July 11, 2016

Plateau residents reject grazing, ranches policies Chijioke Kingsley, Jos

ÏÏÏ

The people of Plateau State have rejected the proposed ranching policy, in spite of a robust consultative forum organised by the government to sensitise stakeholders on the benefit of the programme.

In an opinion poll carried out by our correspondent in the Tin City of Jos, the capital, more than 60 percent of Jos residence frowned upon the policy, stating that the sincerity of government on the issue could not be trusted.

This result is coming on the heels of the 5th consultative forum that the Plateau State Government had organised to

persuade the people on the gains of the policy.

Four out of the five consultative forum, which were held in Government House, Jos, witnessed the presence of Governor Simon Lalong, his Deputy, Sonni Tyoden, the Chief of Staff, John Dafa’an and the Secretary to the State Government, Rufus Bature, except for the 5th one which was organised by the Plateau Peace Building Agency (PPBA) and a non-governmental organisation.

At the 5th consultative forum, which appeared to be the last at the moment, a mild drama ensued between a Fulani and a native of Plateau. The Fulani was receptive to the idea of

ranching, while the native was insisting that the policy must not be implemented.

Consequently, notable key players in the state, especially from the People Democratic Party (PDP) vehemently rejected the policy, one of whom was the immediate past governor and Senator representing Plateau North, Jonah Jang, who has issued several statements warning the present administration not to sell the state for a slice of bread.

Lalong and Jang had engaged themselves in war of words since the Minister of Agriculture, Audu Ogbeh, listed Plateau State as one of the states that had indicated interest in the policy.

Lalong had accused Jang for signing a document in support of the grazing policy before leaving office, while Jang has dismissed it as laughable, challenging Lalong to publish any document where he endorsed grazing reserves for the state throughout his eight years as governor, saying that if, indeed, Lalong publishes any document, then it’s fake and would leave him with no option than to institute a legal action against the government.

Jang in a press statement signed by his Media Aide, Clinton Garuba, said that, “It is unfortunate that Plateau State had found itself with a government that is willing to sacrifice its future in the mould of the Biblical Esau who forfeited his birth right for a meal of porridge.”

In the statement, Jang also dismissed the accusation by the All Progressive Congress (APC)led government in Plateau that he was responsible for the antigrazing, ranching protest that greeted the policy.

Former Chairman, Independent National Electoral Commission (INEC), Prof. Maurice Iwu (right), with Rt. Rev. Dennis Mark during the presentation of Distinguished Ambassador award to Iwu at the Methodist Church, Owerri Diocese, Imo State… at the weekend.

WHO Africa director begins 3-day visit to Nigeria today

ÏÏÏ

The World Health Organisation (WHO) Regional Director for Africa, Dr. Matshidiso Moeti, will today (Monday) begin a three-day official visit to Nigeria.

Minister of Health, Prof.

Isaac Adewole, in Abuja, disclosed this in a statement, adding that Moeti’s visit was at the invitation of the Federal Government.

Adewole said that the objective of the visit was to strengthen the collaboration between WHO and Nigeria, noting that during the visit, Moeti would hold discussions with senior officials of the Federal Government and key stakeholders on health development in Nigeria and the African region.

The minister said interactions during Moeti’s visit would centre on areas that required technical support from WHO in strengthening the health systems to achieve health-related, Sustainable Development Goals.

PDP’ll deal with renegades at appointed time, says Gov. Ikpeazu, stakeholders

By Sunday Nwakanma, Umuahia

ÏÏÏ Governor Okezie Ikpeazu

of Abia State has said that the Peopled Democratic Party (PDP) would do the needful at the appropriate time to those who had left the party.

Ikpeazu disclosed this to Daily Times when party stakeholders from Umuahia North paid him a weekend solidarity visit, pointing out that the PDP was not divided in the state.

According to Ikpeazu “there are renegades in every community and I cannot promote the activities of such renegades to the level of competition with the mainstream”.

Ikpeazu had, while addressing

the Umuahia North LGA party faithful, who came to tell him to disregard some people who had appeared in some national dailies report, claiming to be elders of the state and supporting Uche Oga legal battle, told them that those people were not elders of the state and also not members of the PDP. He commended the role Umuahia was playing in supporting him and ensuring that equity and justice would reign, stating that the legal battle going on in the state was not about himself, but about the governorship position, which he said was about the future of the state and that of the people.

Ikpeazu assured that such people’s plans had failed, stat-

ing that, “any attempt to remove a sitting president or governor amounts to treasonable felony.

Some of them will be tried for treason”.

Ikpeazu said the person trying to on-seat him was not doing so with the consent of his people, but in alliance with some people from Anambra State, while those within the stated, who sided him were contractors bought over with money.

“They are people without character, people on personal vendetta, people who want to bring up a society where we cannot even bring home our children”, he said, promising that he would continue to count on Abians, who must unite.

Ikpeazu described his mandate

as sacred, vowing “God must surely raise a standard against those who are planning to destabilise Abia. Time shall come when we will open the book of Chronicles”.

Gov. Ikpeazu

Daily Times Nigeria Monday, July 11, 2016

Scores arrested in US protests against police brutality targeting black men ÏÏÏ Scores

of demonstrators protesting police brutality against black men around the United States have been arrested, even as the nation reels from the deaths of five policemen in Dallas, Texas gunned down by a sniper, who sought revenge for the police killing of two black men last week.

The demonstrations extended from Saturday night into early Sunday, with one flash point in the southern city of Baton Rouge, Louisiana, where DeRay McKesson, one of the most prominent activists linked to the police reform protest movement Black Lives Matter, live streamed

his own arrest.

McKesson and other demonstrators were marching against the police shooting last week of Alton Sterling, a father of five, as he lay prone on a Baton Rouge sidewalk, with the circumstances of his death still unclear. Police warned the protesters to stay off a highway, but McKesson repeatedly told viewers there was no sidewalk as he walked along the shoulder of the road.

Protesters shouted, “No justice, no peace, no racist police!”

Then police suddenly told McKesson, “City police. You’re

under arrest. Don’t fight me.

Don’t fight me.” McKesson shouted, “I’m under arrest, y’all.”

Police defended his arrest as a matter of public safety, but demonstrators told U.S. news outlets they believe McKesson was targeted. Several dozen people were arrested in the protests.

In the northern city of St. Paul, Minnesota, where a second man, Philando Castile, was shot to death last week by a policeman after a traffic stop for a broken tail light, hundreds of protesters hurled firecrackers, rocks and bottles at police.

25 Foreign

South Sudan leaders call for cease-fire ÏÏÏ South Sudanese authorities

on Sunday called for calm and restraint after three days of violence that left at least 272 dead in the country’s capital Juba.

A government statement that was read on state television announced that the situation was under control and urged people to return home.

Renewed fighting that has pushed the president and his vice president to appeal for calm.

“I’m going to call my opposition colleagues tomorrow so that we can sit down and clear any unfinished business,” President Salva Kiir said.

“We want to continue the peace dialogue in order to resolve issues that have thrown this country into conflict,” deputy president Riek Machar said.

Midweek, the Secretary General of the UN Ban Ki-moon had expressed his “concern” about a situation, terming it as betrayal to the people of South Sudan, who have already been victims of horrific atrocities since December 2013.

Fighting between South Sudanese regular forces and former rebels had intensified on Sunday, extending several districts of the capital Juba, especially near the city’s main airport.

Western Sahara’s Polisario Front names new leader ÏÏÏ

Western Sahara independence movement Polisario Front has elected a founding member of the group as its new leader on Saturday, local media reported.

Brahim Ghali, who represented the Algeria-backed movement in Madrid and in Algiers for diplomatic talks, is to succeed the late Mohamed Abdelaziz.

This was at a conference that was attended by about 2, 300 delegates that unanimously elected Ghali to become the Polisario’s secretary-general and president of the self-proclaimed Sahrawi Arabic Democratic Republic.

The former head of the front

Police arrest activist DeRay McKesson during a protest along Airline Highway, a major road that passes in front of the Baton Rouge Police Department headquarters Saturday, July 9, 2016, in Baton Rouge, La.

‘US, France behind Harare protests’

ÏÏÏ Zimbabwe has accused the

United States ambassador to the country, his French counterpart and their embassies of fuelling the protests in the country last week.

The Home Affairs Minister, Dr Ignatius Chombo, told Zimbabwe’s state-owned Sunday Mail that the country’s intelligence gathered that the U.S. ambassador, Mr. Harry Thomas and France’s ambassador, Mr. Laurent Delahousse, “were working through dodgy groups and leveraging on social media to foment civil disobedience and ultimately destabilise Zimbabwe.”

“We have gathered from our intelligence that there is the involvement of Western embassies in all these disturbances that have been taking place … The evidence

that we have gathered so far shows that the French Embassy in Harare and other Western embassies are part of this plot as part of their regime change machinations,” Dr. Chombo was quoted by the paper.

The newspaper also alleged that the two Ambassadors had met a popular Zimbabwean activist, Pastor Evan Mawarire who has been very vocal against the government and actively supported last week’s protest in the country.

Delahousse denied the allegations when Agence France Presse (AFP) contacted him and said he has never met Mawarire describing the accusations as ridiculous.

“I’m not in Zimbabwe to create problems, but to help and support the people of Zimbabwe.

The authorities should instead focus their efforts to work for the

good of the people and should investigate police violence,” he added.

The violence started after Zimbabwean taxi drivers protested against a police crackdown in the past week and residents joined in and hurled rocks at police who fired teargas to disperse the rioters.

Last week, civil servants embarked on a three-day strike starting for the non-payment of June salaries. They joined teachers who were already out of the classrooms.

This was followed by a call on social media for a nationwide shutdown on Wednesday to protest the government’s “failed economic policies”. This call was supported by the head of opposition party, Zimbabwe People First party (ZPF) and former vice-president Joyce Mujuru.

Ghali

died in late May after spending decades fighting Morocco for the independence of the territory.

Local Sahrawi people are campaigning for the right to self-determination, but Morocco considers the territory to be part of the kingdom and insists its sovereignty cannot be challenged.

Bin Laden’s son threatens revenge for father’s assassination ÏÏÏ The son of slain al Qaeda

leader Osama bin Laden has threatened revenge against the U.S. for assassinating his father, according to an audio message posted online.

Hamza bin Laden promised to continue the global militant group’s fight against the U.S. and her allies in the 21-minute speech entitled “We Are All Osama,” according to the SITE Intelligence Group.

“We will continue striking you and targeting you in your country and abroad in response to your oppression of the people of Palestine, Afghanistan, Syria, Iraq, Yemen, Somalia and the rest of the Muslim lands that did not survive your oppression,” Hamza said.

“As for the revenge by the Islamic nation for Sheikh Osama, may Allah have mercy on him, it is not revenge for Osama the person but it is revenge for those who defended Islam.”

Osama bin Laden was killed at his Pakistani hideout by U.S. commandos in 2011 in a major blow to the militant group which

carried out the Sept. 11, 2001 attacks.

Documents recovered from bin Laden’s compound and published by the U.S. last year alleged that his aides tried to reunite the militant leader with Hamza, who had been held under house arrest in Iran.

Hamza, now in his midtwenties, was at his father’s side in Afghanistan before the 9/11 attacks and spent time with him in Pakistan after the U.S.led invasion pushed much of al Qaeda’s senior leadership there, according to the Brookings Institution.

Introduced by the organisation’s new chief Ayman al-Zawahiri in an audio message last year, Hamza provides a younger voice for the group whose ageing leaders have struggled to inspire militants around the world galvanized by Islamic State.

“Hamza provides a new face for al Qaeda, one that directly connects to the group’s founder. He is an articulate and dangerous enemy,” according to Bruce Riedel of Brookings.

26

Daily Times Nigeria Monday, July 11, 2016

Our Heritage

s

Tompolo, army bicker over missing Egbesu sword The alleged stealing of the Egbesu deity sword by the soldiers who invaded the community to rout the militants blowing up oil pipelines keeps generating fury among the people. Now, they insist that they want their god and other lost memorabilia back AGOZINO AGOZINO writes IN recent time, the Gbaramatu Kingdom/Army controversy over who stole the Egbesu deity sword continues to generate heated arguments.

Controversy seems to trail every account, but, no side of the divide would budge. Government Ekpemupolo, alias Tompolo, a prominent son of the town and former militant said the reason why the community would not keep silent is because the ancestral sword represents the symbol of authority for the people.

Okporoza, a community in the Gbaramatu Kingdom in the Warri South-West Local Government of Delta State, has never been the same since soldiers who are in search of militants who have been blowing up oil and gas facilities stormed the community recently.

Made of 19 Ijaw-speaking autonomous communities, namely Tebujor, Opodobubo, Opuede, Okpelama, Epopo, Sagara, Azama, Ibefan, Inikorohgha, Ugoba, Kunukunama, Okerenkoko and Kurutie , Kokodiagbene, Ebama, Benikrukru, Abiteye, Kenyagbe and Oporoza, the Kingdom has the Pere of Gbaramagu as its ruler and the people venerate the Egbesu goddess.

The monarch of the kingdom is His Majesty, Pere Naira Williams Ogoba, a new monarch who is awaiting the handover of his staff of office, a golden sword kept in custody of the chief priest of the Egbesu Shrine, to him by the state government.

Tompolo sees the disappearance of the deity as sacrilege to his people and had asked President Muhammadu Buhari, for the return of the sword which is the symbol of the people’s heritage.

Since the authorities declared him wanted for his alleged role in the resurgence of militancy in the Gbaramatu Kingdom, the militant leader warned that Nigeria might be heading for danger.

Tompolo, in an open letter to the President, said that the incident occurred recently, when soldiers invaded Oporoza in his absence in search of him on allegation that he was behind the bombing of oil

TOMPOLO facilities in the region. Besides the abomination, he said they also placed the traditional ruler of Gbaramatu kingdom under house arrest for one week. He asserted: “As I said in my previous publications, the military made away with the symbol of authority of the Gbaramatu people from the Egbesu Shrine of which I am the Chief Priest.

“They also made away with other valuables worth several millions of naira from the community. The most annoying one is the purported arrest of 10 young promising men, most of whom are orphans, who are secondary school students sitting for the

“As I write you now, innocent young promising men are still with the military for no reason. This is truly man’s inhumanity to man in our own country. We are presently being treated like conquered people because of crude oil.”

West African Senior Secondary School Examinations (WASSCE) and other palace staff, and labeled them as members of the Niger Delta Avengers.

“As I write you now, these innocent young promising men are still with your military for no reason. This is truly man’s inhumanity to man in our own country. We are presently being treated like conquered people because of crude oil.” He appealed to the President “to please kindly direct your army to return the looted items, including the symbol of authority, and also release those innocent young men to continue their academic programme,

even though they have missed the WASSCE for this year.

For some natives who spoke on the issue, they agreed that it was nothing than deprivation of access to their traditional heritage which the Egbesu shrine represents.

For Nengi Pere, the soldiers who invaded the shrine had no good conscience and moral right tramplining on their revered deity. “It is the height of power intoxication and taboo committed, thus desecrating our heritage.’’

Even with heavy military presence in the communities as observers believe the soldiers were on alert to ward off reprisal at-

tack by the militants, he vowed that gods will avenge for the humiliation meted out to the people.

Also not taking it easy on the atrocity committed against Oporoza, Felix Eradim sees the approach by the military had “incurred the wrath of the gods.’’

According to him, “the gods are very angry with the soldiers because it is an abomination which will continue to hunt them and their children. ’For incurring the wrath of the gods he believes that nemesis will catch up with them may be in the long as a retribution.

This sad development has not gone down well with the community leaders. According James Ebi, the unwholesome act on the part of the military will continue to haunt them. “Our people have been living in fear and anguish but retaliation is of gods unless they change their attitude.’’

Implication of this absurd act on the culture of the people and the community if not quickly addressed, the fear of the unknown will continue to grip them for cutting off their deity from them as the chief priest maintained that “making the normal sacrifices to our ancestors is been denied and unconfortable for me.’’

Still Tomplo recalled that when this same military invaded several communities in Gbaramatu kingdom, under the command of late President Umaru Musa Yar’Adua. traditional worship centres were desecrated, properties were looted and above all, the multi-billion naira ultra-modern magnificent palace of the Pere of Gbaramatu kingdom was burned down, and his golden crown was stolen by the military. As peace loving people, he said the kingdom approached the courts and demanded compensation for the unlawful invasion and destruction of property, in which the court awarded 99 billion naira in favour of Gbaramatu kingdom. But after seven years of that sad incident, the Federal Government is yet to pay the compensation” According to him, this incident also led to the declaration of the Presidential

Daily Times Nigeria Monday, July 11, 2016

When COSON fetes Idonije with gallery of tributes Caleb Akinboro It was a tribute galore recently for ace broadcaster and first manager of the Afro beats legend, Fela Anikulapo-Kuti, Benson Idonije when members of the Copyright Society of Nigeria (COSON) rolled out drums to honour him as part of the event organised to mark his 80th birthday At COSON garden, by Salvation Road, Opebi venue of the event , members led by Tony Okoroji, friends and well-wishers flushed him with thrill and encomium.

Among notable personalities who attended the event were most of Lagos’ news makers and art patrons. On the guests’ list were former editor of Guardian Newspaper Sunday, Jahman Anikulapo, Ras kimono, KSB, Patrick Doyle, and others “In 2004, I was writing a column for the Guardian and I had come to Nigeria for the holiday and of course I went to meet with my people and he was there, he will be there on afternoons writing his pieces for the paper and of course I was aware that he had been Fela’s first manager which to me made it seem like I was meeting someone good and he was so humble. I was so surprised that he actually read those pieces I do send him from London ,’’ noted former arts editor of Next Newspapers Omolara Wood.

She described Idonije as a blessing to Nigerian music industry.

Comedian, Koffi, also praised the celebrant for promoting the careers of many young acts. ‘If not for people like him, our music in the past would not have been structured.’’ Nollywood actor, Emeka Ike, said Idonije is a veteran that deserves encomium, ovation and everything. The event featured an interactive session with Idonije with many others

Ayorinde

participated.

Giving an insight into why he went into writing, Idonije said it was as a result of passion and ever increasing lure of the industry. “I will like to thank COSON for putting this event.’’

To COSON chairman, Tony Okoroji, the event is all about celebrating a man who made wonderful contrition to the growth of Nigerian music. Okoroji described Idonije as blessing to the Nigerian music industry.

Building tomorrow today Reading the book, Building My Tomorrow Today, engages one to have an action plan in life. As it were, there is no genuine success, except being laborious as early discovery of one’s dream gives one a direction in life.

The author, Peterclaver Egbochuo, a journalist, clearly spells out the rudiments of achieving that tomorrow, especially for the youths, who take their destiny for granted. The book emphasises the need of having a good dream of what to achieve in life and also accomplish it within the set time through academic inclination.

Referring to the world’s famous inventors, who weathered the storms of life while undergoing their academic pursuits, the zeal to succeed is the only paramount thing for them.

Specifically, in chapter one of the book, Discovering Oneself, is the key, no matter the person’s background. Setting themselves free from those impediments that would have hindered them by being focused in their set goals made the difference between failure and success.

In the book, the author roundly outlines the various means to achieve success, even if one fails at the outset. The urge to be persistent doing the right thing appropriately will definitely pay off.

The ten chapters in 61 pages make an interesting reading spiced with quotable quotes from world personalities.

27 Our Heritage

News 28

Daily Times Nigeria Monday, July 11, 2016

Omisore, FFK: Ooni urges PDP to respect Nigeria’s laws

Sodiq Adekunle Osogbo

ÎÎÎThe

Ooni of Ife, Oba Adeyeye Enitan Ogunwusi (Ojaja II), has told chieftains of the Peoples Democratic Party (PDP) in Osun State that laws of the land must be respected over the detention of Senator Iyiola Omisore and Femi Fani-Kayode.

He said this when leaders of the PDP approached him to come to the rescue of Senator Omisore and Fani-Kayode, who are under investigation

by the Economic and Financial Crimes Commission (EFCC).

Both Omisore and FaniKayode are indigenes of IleIfe. They are both being investigated for their roles in the criminal diversion of funds meant for arms by the former National Security Adviser, Colonel Sabo Dasuki (retd).

Reacting to comments by the PDP Osun State Chairman, Hon. Adesoji Adagunodo who led other leaders of the party during a courtesy

visit, Ooni explained that he had no grudge against either Omisore or Fani-Kayode.

Describing Omisore as a prominent Ife indigene entitled to his choice of relationship, Ooni assured the PDP chairman of his readiness to assist them within his limited capability.

He also prayed that God would set them free “if they have no skeleton in their cupboard over the matter”.

He added, “Omisore is a prominent Ife son, I don’t have any grudge against

him whatsoever over his refusal to visit my palace since I became the Ooni. You all must know that he is entitled to his right of choice on who and where to visit at anytime. Don’t also forget he is undergoing a procedural investigation and laws of the land must be respected but I promise to assist you on this matter within my limited capability and legally guided.

“I heartily pray God should quickly set him free if he has no skeleton in his cupboard.”

Earlier, Adagunodo begged Ooni to forgive the detained Ile-Ife politician, who has not visited the king since he was crowned seven months ago.

Promising that Omisore would upon his release be brought to the palace to do the right thing, the PDP chieftain said, “Your Imperial Majesty, we are here to pay our homage to you as the father of our race who must be respected by all true sons and daughters of Yoruba race.

Archbishop of Abuja, Cardinal John Onaiyekan (middle), cutting the tape during the dedication of St. Paul Catholic Church building, at Gwagwalada in Abuja… on Sunday. With him are, priests and parishioners.

VON DG blames OBJ, GEJ for current challenges facing Nigeria Moses Oyediran Enugu

ÏÏÏ The Director-General,

Voice of Nigeria, Mr. Osita Okechukwu, has blamed the various challenges facing the country on previous administrations.

Okechukwu, who spoke during the All Progressives Congress, APC, meeting in Enugu at the weekend, said that previous regimes enthroned ethnicity, poverty and other vices in the country.

He, therefore, urged the Niger Delta Avengers and other secessionist groups not to misplace their anger but to join President Mu-

hammadu Buhari’s war against corruption.

The VON DG appealed to Ohaneze, Afenifere, Ijaw National Congress, and by extension all the agitators for restructuring or separation of the country to “to agitate and negotiate for critical physical and social infrastructure with President Muhammadu Buhari, rather than the current feverish agitation for restructuring or outright secession.”

He added: “For the avoidance of doubt, one is not against the trimming of the Exclusive Legislative List in the 1999 Constitution of the Federal Republic of Nigeria, so as to shed some federal

powers to the states and local government councils.

“I am in the same page with the age-long adage of our great ancestors, which states interalia: ‘if you don’t know where the rain started, you may not find a solution to the drench’.

“Therefore, with hindsight, the causative factor which regrettably simulated the current heightened agitation for restructuring or secession is crass and unbridled corruption. Let’s join Mr. President to kill corruption.

“Let’s not forget the common knowledge that if the successive regimes had revamped our decayed physical and social infra-

structure, if they had not squandered our commonwealth and if they had not promoted ethnicity and religion, today no Nigerian could have been bothered on who is Chief of Army Staff or Inspector General of Police.”

“To be specific, if the erstwhile president, Dr. Goodluck Ebele Jonathan,GCFR, and ex-president, Chief Olusegun Obasanjo, GCFR, had utilised the unprecedented Oil Windfall to fix our power sector, erect modern rail lines, build or update our refineries, 2nd Niger Bridge and our school and health institutions, nobody today will have anything to avenge for.

FRSC arraigns two for assaulting Marshals ÎÎÎThe Federal Road Safety Corps, Lagos State Sector Command today Friday July 8, 2016 charged two men who assaulted their marshals to Court.

The two men, Mr. Nwandu Onyeka (32) and Okechukwu Jackson (35) both attacked and seriously injured FRSC officials doing their legitimate duty on Sunday, July 3, 2016.

The accused and others involved in the incident were given three count charge of conspiracy, assault and obstruction, an offence contrary to Sections 172 & 117 of the Criminal laws of Lagos State.

They were arraigned before Mrs. AA Famobiwo of Magistrate Court 3, Surulere. They pleaded not guilty and were granted bail in the sum of N50, 000 bail with two sureties each in like sum and adjourned hearing till July 18, 2016 for mention. They were, however, remanded in Ikoyi prison custody as they couldn’t meet the bail conditions.

Ex-NBA Chair urges AGF, Abia CJ to swear-in Ogah as Gov Titilope Joseph

ÏÏÏ Former Chairman of

Nigerian Bar Association (NBA), Ikeja Branch, Mr. Ubani Monday Onyekachi has called on the Attorney-General of the Federation (AGF), InspectionGeneral of Police (IGP) and the Chief Judge of Abia State to put measures in place for the swearingin of Dr. Uchechukwu Samson Ogah as governor of Abia State.

In a press statement on Sunday, Ubani, who is also the Legal Adviser to Uche Ogah said that the development on the matter in the last one week wherein Justice Okon Abang of the Federal High Court, Abuja, had

refused to reverse his earlier order sacking Dr. Okezie Ikpeazu, Ogah remains the governor of Abia State.

Ubani also dismissed the Federal High Court, Owerri’s judgement which cleared Dr. Ikpeazu of forgery allegation brought against him by Sir. FN Nwosu as insignificant, saying that Ogah’s contention against Ikpeazu at the Federal High Court, Abuja is falsification of facts and not forgery.

According to Ubani, “Two things or decisions took place on 8 July, 2016 at both Federal High Courts in Owerri and Abuja that require some clarifications to all and sundry.

Ekpo to NFF:GiveYusuf Super Eagles job F

ormer Nigeria international, Friday Ekpo, has urged the Nigeria Football Federation to appoint Salisu Yusuf as the new Super Eagles head coach.

The NFF have shortlisted the trio of Yusuf, Belgian Tom Saintfiet and Frenchman Paul Le Guen for the Eagles job.

On Monday, 18 July the NFF technical

and development committee will meet to interview the shortlisted candidates and immediately name the next Nigeria head coach.

Ekpo posited that Yusuf has what it takes to succeed as Eagles coach.

“For me, Salisu Yusuf is the best choice no matter what, all he needs is the free hand to pick his players and form a good

national team for Nigeria,” Ekpo told reporters “I will be happy if he gets the job, my mind really goes for him. I don’t know why because I’ve never been this positive about a Nigerian coach, but I think we should give him a chance to prove himself.”

Ekpo, who was in the Eagles squad that won bronze at the Senegal 1992 Africa

Page 29

Cup of Nations, dismissed claims that Yusuf will struggle with the overseasbased players if given the job.

“I don’t think Salisu will have any problem with the players based abroad, after all he chose some of them against Mali and Luxembourg, though some opted out because of flight ticket and other issues.

Monday, July 11, 2016

Heartland’s Ejike happy to end goal drought

V

ictor Osimhen snatched a later winner for Nigeria’s Flying Eagles to beat home team Sudan 2-1 Sunday in a 2017 U20 AFCON qualifier at the El Merriekh Stadium in Khartoum.

Sudan’s Young Falcons held their own for most part of this clash against a Flying Eagles side, who paraded several stars from Nigeria’s FIFA U17 World Cup triumph last year including Osimhen, who is bound for German Bundesliga side Wolfsburg.

The return leg will be played in Nigeria in a fortnight with the overall winners advancing to the U20 AFCON in Zambia in February.

The hosts took the lead through striker Mohamed after 27 minutes against the run of play.

However, Nigeria drew level in the 67th minute through Samuel Chukwueze.

Four minutes from time, Osimhen rose to the occasion to deal a crushing blow on the Falcons.

In stoppage time, the star striker then saw his effort saved at point-blank range.

Chukwueze, whose move to Arsenal fell through, had earlier come close to giving the Flying Eagles the winning goal in the 74th minute.

Bright Ejike is delighted to have scored his first goal of the season for Heartland after his late penalty helped the Naze Millionaires beat Oriental rivals Enyimba 1-0 in their Nigeria Professional Football League matchday 26 clash on Saturday, he revealed The forward has struggled to make an impact for Heartland this season after an eventful campaign last term where he scored 13 goals to emerge as their top scorer.

He however picked the right moment to open his goal account for the season, netting the winner against their Oriental rivals, in what was his 13th appearance of the season for Alphonsus Dike’s men.

“It’s a wonderful feeling to score my first goal for Heartland this season,” Ejike told reporters

Osimhen

Osimhen seals victory for Flying Eagles Akpeyi rejoins Nigeria OlympicTeam C

hippa United shots stopper Daniel Akpeyi is scheduled to return to the United States training base of the Nigeria Olympic team after leaving the team’s camp due to club engagement.

We gathered he was summoned by his team Chippa United to play in two high profile friendly games on the 12 and 14th of this month and

Yusuf

coach Samson Siasia granted him permission to leave the team’s camp.

However the 29 year old who is set to be listed as one of the three overage players in the Nigeria Olympic team is expected back in camp as soon as he is done with his club commitment.

His desire to feature for Nigeria at the Olympics has also received a big

boost by the Premier Soccer League following the body’s decision to postpone the start of the league in South Africa due to the Olympics.

The Absa Premiership season will now begin on Tuesday, 23 of August two days after the conclusion of the Olympic games in Rio due to the involvement of South African U-23s at the event.

Akpeyi

Ejike

LMC invite two more players for NPFL La Liga tour

The League Management Company has added Enyimba winger Joseph Osadiaye and John Kelechi of Plateau United to the list of invited players for the NPFL All- Stars squad for the La Liga tour.

The duo’s invitation increased the number of players for the tour to 37.

All the invited players are expected to report to camp on Monday for the first phase of the camping exercise that will span from July 11 to July 18.

The second and final phases of the camping will open on August 1 leading to the team’s departure on August 8.

The players will be released to take part in club games whenever such come up while in the camp.

Only 22 players will make the final squad for the games against Valencia and Malaga scheduled for next month.

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Monday, July 11, 2016

EXTRATIME

TRANSFERS…TRANSFERS…TRANSFERS… TRANSFERS…TRANSFERS…TRANSFERS…

Benteke close to joining Palace

Benteke

L

iverpool striker Christian Benteke is ‘close’ to joining Premier League rivals Crystal Palace in a recordbreaking deal for the Eagles, according to Emanuele Giulianelli.

The Belgian was a marquee signing for the Reds last term, becoming one of the club’s most expensive ever players in a deal worth around £32m.

While the 25-year old has clearly not lost his scoring touch overnight, he has struggled to wholly convince while at Anfield.

The arrival of Jurgen Klopp saw playing time limited, with their styles not overly compatible and the German has drafted in another forward in the shape of Sadio Mane already this summer.

Benteke is close to become a Crystal Palace player.

— Emanuele Giulianelli (@ EmaGiulianelli) July 10, 2016 As a result, the South London club are understood to have made a club record bid, with London rivals West Ham also thought to be keen.

However, the Italian journalist has revealed it is Selhurst Park where the towering marksman is more likely to end up after his mixed spell on Merseyside.

M

Real Madrid out of

Pogba race

Sevilla agree deal to sign Correa from Sampdoria S

Real to keep Morata T

he Spain striker had been linked with moves to Chelsea and Arsenal but will now stay at the Santiago Bernabeu as Los Blancos look to create competition for Karim Benzema Real Madrid have decided not to sell Alvaro Morata, according to a report by Spanish publication Marca.

It had been thought Madrid had activated the striker’s Juventus buy-back clause in order to make a profit on 23-year-old, with Chelsea and Arsenal having been linked with an interest.

Pogba

anchester United’s path to sign Paul Pogba is now clear after Real Madrid ended their interest in the midfielder for financial reasons.

According to sources close to the deal, United’s superior financial strength has given them a huge advantage in negotiations with Pogba’s agent, Mino Raiola, and forced Real to admit defeat in their pursuit of the player.

At this point in negotiations, the basic transfer fee for Pogba is understood to start at around £85m (€100m).

However, when taking into account add-ons and bonuses related to the success of the player and the club - as well as Raiola’s fee - the total amount United could pay for Pogba’s transfer could reach over £105m (€123m).

This is not including the player’s contract, which is expected to comfortably exceed £65m, were the club to pay him a basic salary of £250,000 per week on a five-year deal.

The fact that Manchester United have shown willingness to meet these demands, but also potentially go further if a bidding race with Real plays out over the remaining weeks of the transfer window, has proved too much for the Spanish club’s president Florentino Perez.

Correa

evilla have agreed a deal to sign Joaquin Correa from Sampdoria on a five-year contract.

Both clubs confirmed on Sunday that the transfer will go through pending the successful completion of a medical, with the player having agreed terms with the Europa League winners.

Reports in Italy suggest the transfer fee for Correa is in excess

of €13 million, with significant potential add-ons to be paid by Jorge Sampaoli’s new side.

Attacking midfielder Correa, 21, began his senior career with Estudiantes before signing for Sampdoria in January 2015.

Since then he has made 31 Serie A appearances – 25 of which came last season – and scored three goals.

Correa has been named in the Argentina squad for next month’s Olympic Games in Brazil.

His addition follows Sevilla’s signings of Hiroshi Kiyotake and Pablo Sarabia as well as the loan arrival of Matias Kranevitter as they look to rebuild their squad following the departures of key midfielders Grzegorz Krychowiak and Ever Banega.

Hojbjerg to join Southampton from Bayern

B

ayern Munich midfielder Pierre-Emile Hojbjerg is set to sign for Southampton in a £12.8m deal, according to Sky sources.

The 20-year-old, who spent last season on loan at Schalke, would become the Saints’ second signing of the summer following the arrival of Nathan Redmond

from Norwich.

Hojbjerg has spent loan spells at Augsburg and Schalke in the last 18 months and now looks set to leave the Allianz Arena permanently.

The Danish international has seen his chances of first-team of football diminish further this summer after Bayern signed

Portugal international Renato Sanches for £30m.

The midfielder spoke of his desire to leave Bayern in an interview with Danish newspaper BT: “I want to leave and find the right place for me. I need to find something that fits me.

“It’s clear that it won’t be a top club. I want a place where there

is a perspective. That’s important for me because I’ve experienced a lot at only 20 years.”

The move to Southampton was also confirmed by the player’s agent.

“Yes, I can confirm that Pierre will switch to Southampton,” Soren Lerby told Danish newspaper Ekstra Bladet.

Monday, July 11, 2016

EXTRATIME

31

SPECIAL FEATURE

Segun Odegbami

I

have often thought that the state of Nigerian football is usually reflected in the state of the country itself; that football cannot be immuned from what happens in the rest of the polity.

Football is such an integral part of the people that whenever the country is doing well, politically and economically, if one looks closely, it is most likely that football would also be doing well.

Even though this cannot be supported empirically, many people including my friend, Osasu Obayuwana, who called me up earlier this week when the draws of the African qualifiers for the 2018 World Cup were announced to express a similar opinion, believe that given the current state of affairs in Nigeria we should forget about going anywhere near Russia in 2018.

You can understand, therefore, my undivided interest attempting to peer into the future, beyond the unfavourable physical conditions around the team, to see how Nigeria will fare in Group B, described already by most analysts as ‘the group of death’.

I am thinking. There does not seem to be much hope ahead. The country is passing through really challenging times, economically and politically, a painful but essential cleansing process that it needs to go through to come out shining at the end of that tunnel. In that state of affairs, in my humble view, Nigerians should also brace themselves up for a truly difficult mountain climb during the World Cup campaign.

The qualifying matches are already upon us with less than three months to go before the start of the first set of matches. Meanwhile, Nigerian football has been in turmoil for over one year since the elections into the current board of the Nigeria Football Federation took place. There does not seem to be an end of any sort in sight.

The body language of the principal combatants in this ugly situation suggests that no meaningful resolution of the crisis would take place any time soon to set the country back on the trajectory of progress where it can start to achieve its well-acknowledged potential as a future football superpower in the world.

So, with the state of affairs of the country

a d e e n a i r Nige e b o t e l c a r i m 8 1 0 2 a i s s u R in what are the chances for Nigeria qualifying for the 2018 World Cup? That is now the big question as Nigeria is drawn in Group B of the 2018 World Cup African qualifiers.

The group parades four of Africa’s strongest footballing nations.

Nigeria is ranked 61 in the world and 13 in Africa according to the latest global Fifa rankings.

The second team in the group is Algeria, ranked 32 in the world and the highest ranked African country.

The third and fourth teams are Cameroun, ranked 58 in the world and 11 in Africa, and Zambia, ranked 79 and 21 in the Fifa and African rankings respectively. Zambia is the only country below Nigeria in the rankings.

To look at the table of the rankings is to start to appreciate the humongous mountain that Nigeria has to climb to get to Russia in 2018.

What are the country’s chances?

To start with, football administration is in crisis.

An aggrieved Senator Chris Giwa, who challenged the process leading to the election of current president of the federation, Amaju Pinnick, has refused to allow sleeping dogs to lie and has rendered administration impotent. For over one year, therefore, Nigerian football has known little peace, leaving its national team in tatters.

The federation is also broke. It has been unable to fuel its activities and meet all its obligations. The national team has not had a coach of its choice for several months. As a result of the high turnover of national team coaches the country does not have a set of players consistently playing together to make a team that can win matches.

Nigerians even find it difficult to name the players in the national team these days. Players just pop up on the radar screen and don the national colours, often times not able to justify their call up to the team.

The federation that could not meet its financial obligation to its indigenous coaches is now proposing to hire a foreign coach that will earn

several times more without any guarantees of success. This has created an avoidable faceoff between the minister of sports and the federation heads.

The bottom line is that the national team, the Super Eagles, the pride of the nation, a soothing balm for the people even during tough political and economic times, is anything but ‘super’ at the moment.

Add to all these the recent resignation of Sunday Oliseh as national team coach that raised several unanswered questions, and the sudden recent deaths of two of the country’s most successful coaches owed unpaid wages and with frosty relationships with the federation. The result is a smoldering pot of chaos and crisis without an end, a federation under fire from the media, the public, and even from government.

With all these distractions in football administration the players no longer occupy the front seat in football matters. There is little to motivate them and turn them into the fighting

“The federation that could not meet its financial obligation to its indigenous coaches is now proposing to hire a foreign coach that will earn several times more without any guarantees of success. This has created an avoidable face-off between the minister of sports and the federation heads.”

warriors that they once were, ready to fight till the end and ‘die’ for country.

The production room of exceptionally talented players is drying up fast with a lack of focus on development of the game at the grassroots, in schools and in well-run and wellfunded clubs and academies.

That is the state of Nigerian football going into a challenge against Algeria, Cameroun and Zambia.

Except if a miracle of some sort happens, Nigeria will not be fully ready for the daunting and difficult matches ahead.

Zambia have always been a hard nut to crack for Nigeria as a result of Nigeria’s style of play that traditionally suits Zambia’s close-marking, fast-running and quick-passing style.

Cameroun are one country that believe, along with Ghana, that their football is superior to Nigeria’s. They are always unafraid to take on Nigeria. Nigeria usually has to be at their best to match and beat the very physically intimidating Camerounians with their aggressive yet highly technical style of football.

The Algerians have been Nigeria’s nemesis at critical times several times in the past.

Their current ranking is well earned and well deserved. They are the most technical of Nigeria’s opponents and to defeat them would require that the Super Eagles must also be at their best psychologically, physically and technically.

Having said all that, the Super Eagles are not an easy team to defeat anywhere, any time. They would, therefore, not be any team’s sitting duck.

They will put up a brave fight and leave Nigerians hopeful despite all the glaring evidences they should not be.

In the end Nigerians will pray very hard for an undeserved miracle, for that’s what the country would need to make it to Russia. Everything else points in the opposite direction.

Culled from supersport.com

Published by FOLIO COMMUNICATIONS LTD, Lateef Jakande Road, Agidingbi, Ikeja. email: info@dailytimes.ng Tel: 018447948.

DAILY EDITOR: BIODUN DUROJAIYE

MONDAY, JULY 11, 2016

VOL. 2. NO.149

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Osimhen seals victory for Flying Eagles

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A

Bonne nuit la France Keshi

Modric

Ronaldo-less Portugal stun host 1 - 0 As Swansea flop,Eder score late winner

poor final to end a modest tournament. Perhaps it is fitting, therefore, that its winners - via an extra-time goal from a former Swansea striker - are a team who finished third in their group and lifted the trophy having won just one game out of seven in 90 minutes.

Portugal deserve credit for their pluck, but that is about it. They lost their captain and best player Cristiano Ronaldo to a knee injury midway through the first half. Caused by a challenge from Dimitri Payet, it was bad luck but nothing more. It was a firm challenge by the West Ham player but not a foul.

After that Portugal simply hung on and hoped they may get a break.

They didn’t. They hoped that they may get to extra-time. They did and then somehow they won it.

Portugal striker Eder wrote his name in footballing history as his strike gave his country victory at Euro 2016 France should never have allowed themselves to be taken this deep into the game. They started well and although they couldn’t sustain that momentum they were the only team to create chances in the 90 minutes.

Antoine Griezmann, so deadly in the semi-final against Germany, headed the best chance of his whole tournament over the bar from six yards in the second half. Then, in the 90th minute, substitute Andre-Pierre Gignac turned brilliantly in the area only to drag his shot against a post.

After that, a shootout seemed inevitable. It would have suited Portugal.

But moments after left back Raphael Guerreiro had struck the bar with a free-kick in the 109th minute, substitute Eder - who didn’t score for Swansea in 13 league appearances - shrugged off Laurent Koscielny 30 yards from goal, carried the ball a couple of paces and struck a low right-foot shot that Hugo Lloris saw but could not stop as it arrowed into his bottom right-hand corner.

There was bedlam on the Portugal bench even if Ronaldo, complete with knee strapping, could not join in. The drama surrounding him inevitably took some of the focus away from the football. Before that happened, however, France had served notice of their intent and could have led.

Perhaps the French had seen how Portugal allowed Wales to have the ball early on in their semi-final in Lyon before drawing their opponents’ sting to take the game away from them. Or maybe the home team were merely fuelled by adrenaline.

Business Times Daily Times Nigeria

Nigeria’s oil export to rise in August Page B2

Why two other banks may go Skye Bank’s way Page B3

We’ll ensure multinationals enlist on the Exchange – Dogara Page B7

Africa’s most valuable coy struggles to run internet businesses in Nigeria

How 13 banks posted N118b PBT in three months Motolani Oseni

Tony Nwakaegho Naspers, the most valuable company in Africa, has been struggling and has been defeated again by an internet business in Nigeria. WeChat, the free messaging and calling app managed in Africa by Naspers has closed its Nigerian operations and moved to South Africa, reports disclosed.

WeChat was developed by China’s Tencent, which is 34 percent owned

by Naspers.

Naspers which is based in South Africa has attempted to grow online business in Nigeria, Africa’s biggest economy, for the past 10 years haven tried marketplace websites, classifieds and apps, but it has had more misses than hits. In 2011, Naspers shut down Kalahari, its Amazon-inspired e-commerce platform, following a slow growth in Nigeria and a year later, it collapsed its classifieds site Dealfish into OLX, buying a stake in the latter.

In 2013, Naspers also shut down CONTINUED ON PAGE B2

PRIZE

Retail Advisor, Etisalat Experience Centre, Port Harcourt Mall,Queen Glory Ndukwe; winner, monthly airtime, Rosemary Okeke Deputy Experience Centre Manager, Etisalat, Obehi Okodugha at the presentation of the prize to Okeke in Port Harcourt... at the weekend.

Mobile Broadband plan soars high, cost 17% of national minimum wage Tony Nwakaegho Despite Nigeria access to the SAT-3 submarine cable, Internet access has continued to soar high and remained relatively expensive, as most citizens find it difficult to access the internet with ease and speed.

Prof. Adesola Aderoumu , President Nigeria Computer Society (NCS), told the Daily Times that the high cost of internet access remains one of the fundamental reasons why internet access is restricted most homes in only cities like Lagos, Port Harcourt, and Abuja.

Aderoumu said that in spite acknowledged benefits of internet, a high number of internet users in Nigeria still seek refuge in cybercafés for

Monday, July 11, 2016

internet access while others rely on their offices for access.

He explained that broadband remains unaffordable for majority of Nigerians as a fixed broadband plan costs about N9, 000 or 50 per cent of national minimum wage of N18, 000 per month, while a mobile broadband plan cost N3, 000 or 17 per cent of the national minimum wage.

According to him, the International Telecommunications Union (2013) puts cost of fixed broadband and mobile broadband at 39 per cent and 13 per cent of average monthly income respectively.

He lamented that broadband remains unaffordable in spite of broadband service providers like Main One, Glo1, SAT3 and WACS, with capacities of international

submarine cable landings at our shores.

The NCS President attributed the high cost of access to infrastructure deficiency, high cost of right of way (ROW), security of infrastructure and spectrum allocation among others.

He also projected that demand for broad band would increase if the country can achieve a balance between providing high-cost infrastructure and ensuring its usage through the development of appropriate instruments.

The identifiable incentives, he said, included reduced taxes, free internet offices in rural areas; reduce regulatory difficulties involved in obtaining right of way permits.

“There is a need for spectrum

aggregation and spectrum re-farming across the whole band by NCC to stimulate broadband supply and demand toward activities such as e-government, e-health, e-education, e-agriculture and e-commerce, open access model as a framework to enable fibreoptic cable carriers to share the infrastructure used in the deployment of their cables.

“Other strategies are PublicPrivate Partnerships at both the Federal and State level to develop fiber rings across all major towns in the country; telecommunication licensees should be encouraged to lay optical fibre to all their base stations, exchanges and interconnect points employing the Open Access and Shared Infrastructure Framework.

A total of 13 Deposit Money Banks (DMBs) have declared N118 billion as Profit before Tax (PBT) in three month of 2016 (Q1 2016).

According to our correspondent checks, the PBT declared by these 13 DMBs dropped by 13.4 percent or N18.2billion recorded in prior first quarter of 2015.

Surprisingly, Union Bank of Nigeria, one of the struggling financial institutions in the country recorded a significant increase in PBT as it rose by 101.2 per cent to N4.7 billion in Q1 2016 from N2.38 billion in Q1 2015.

Followed by Access Bank Plc, which declared an increase of 37 per cent in PBT from N16.5 billion in Q1 2015 to N22.58 billion in Q1 2016.

The remaining DMBs, covered by our correspondent, recorded decline in PBT attributed to severe macro-economy challenges that include removal of public sector funds via the Treasury Single Account (TSA) that has CONTINUED ON PAGE B2

World’s oil investments slowed by over $300b in 2015, 2016 - IEA Opeoluwani Akintayo Following up on World Energy Outlook 2015, which examined the potential impact of a prolonged period of lower oil prices on energy markets, an updated analysis from the International Energy Agency (IEA) has said that the current low oil price has had a negative impact on oil investments and hurt energy efficiency.

The latest data from the IEA showed that investments in the oil sector declined in 2015, and then again in 2016, the first consecutive two-year drop in three decades.

The industry cut more than $300 CONTINUED ON PAGE B2

Business News B2

Daily Times Nigeria Monday, July 11, 2016

How 13 banks posted N118b PBT in three months CONTINUED FROM PAGE B1

impacted the deposit (liability) side of banks operations; removal of Commission on Turnover (COT) which has always boost banks operating income.

Other factors are unstable Central Bank of Nigeria (CBN) foreign exchange policy and declining income from loans/credit.

On the background of macro economy challenges, Unity Bank Plc announced the highest decline in PBT, dropping by 73.2 per cent to N972 million in Q1 2016 from N3.6 billion recorded in Q1 2015.

First City Monument Bank (FCMB) Group Plc announced a decline of 62 per cent in PBT to N2.2 billion from N5.8 billion in prior Q1 2015.

Ecobank Transnational Incorporated and Sterling Bank Plc also recorded a decline of 30.6 per cent and 32.4 per cent in PBT to N20.6 billion and N2.8 billion from N30.5 billion and N4 billion in Q1 2015.

Diamond Bank Plc announced a decline of 20 per cent to N6.69 billion; FBN Holdings Plc reported a dropped of 18 per cent from N26.9 billionto N22.05 billion while Wema bank Plc PBT dropped by 17.9 per cent to N505 million in three months of 2016.

Africa’s most valuable coy struggles to run internet businesses in Nigeria CONTINUED FROM PAGE B1

Mocality, its online business directory firm, in Nigeria and Kenya.

Other Naspers-backed businesses remain operational in Nigeria.

Careers24, an online job portal, was launched in 2014 with the aim of usurping Jobberman as Nigeria’s leading job portal but it has so far failed to meet that target.

BitX, a Singapore-based bitcoin startup launched last year in Nigeria and backed by Naspers, is yet to gain significant traction. Naspers’ 50 percent stake in Konga, a leading online mall and marketplace in Nigeria, is acknowledged as its sole “thriving” investment in theNigerian internet space.

Naspers’ internet businesses account for more than two-thirds of its revenue. However, the company’s value is driven by its stake in Tencent, acquired in 2001.

Naspers’ Tencent is now worth about $70 billion and its stake is about as valuable as the South African company’s entire market cap.

AWARD

L-R: Senior Group Head, Reignite Public Affairs, Tola Odusote; Speaker, ECOWAS Youth Parliament (EYP), Ghana, Rt. Hon. Mensah Fred; MD/CEO, CMC Connect Burson Marsteller, Yomi Badejo -Okusanya; ED, CMC, Raheem Olabode and Deputy Speaker, ECOWAS Youth Parliament, Liberia, Rt. Hon. Varney Maxwell, during the presentation of excellence award to Okusanya by EYP in Lagos… at the weekend.

Interbank rate hits 15%, as government raises N190b through TB Motolani Oseni The nation’s interbank overnight lending rate increased sharply by 10 percent to close at 15 percent on Friday, compare to 5 percent closed rate a week ago, and this has been linked to the payment for Treasury Bills (TB) purchases by the commercial banks.

On Friday, the Federal government through the Central Bank of Nigeria (CBN) sold treasury bills worth a total of 190 billion naira ($670 million) with maturities ranging from three months to one year, with yields broadly flat.

The apex bank sold 28 billion naira of the 3-month treasury bills at 9.98 percent compared

with 9.99 percent at the June 22 auction and 42 billion naira worth of the 6-month bill at 12.24 percent against 12.30 percent previously.

The bank sold N120 billion worth of the one-year paper at 14.99 percent, the same rate as at the last auction.

It worthy of notes that the federal government issues treasury bills as part of measures to finance the government budget deficit and also to help manage liquidity in the banking system.

However, market liquidity had opened at 167.26 billion naira on Friday, but the money market went into repo after the central bank sold treasury bills which significantly reduced level of cash in the banking system,

pushing up cost of borrowing among banks.

“The market was trading around 10 percent for overnight placement prior to the sale of treasury bills, but rose sharply to an average of 15 percent shortly after the result of the auction was announced,” one dealer said. Nigeria’s financial market was closed for trading from Tuesday to Thursday for a public holiday.

Although, traders said interest rate should open this week around same level of 15 percent but anticipate likelihood of easing a little with the expectations of injection of about 73 billion naira in matured treasury bills and payment of debt to government contractors.

World’s oil investments slowed by over $300b in 2015, 2016 - IEA CONTINUED FROM PAGE B1

billion in spending in two years, or 42 percent of the total, an unprecedented downturn, even taking into account significant reduction in costs.

According to IEA data, North America accounted for about half the drop.

However, if prices remain at current levels, a significant rebound appears unlikely in 2017.

The latest data also points out that Middle East oil supply has reached

historically high levels, exceeding 31 million barrels per day. The region now accounts for 35 percent of global oil supplies, the highest level since 1975.

This growth in production, from Saudi Arabia, Iraq and Iran, highlights the fact that low-cost producers in the Middle East remain central to oil markets. Production from the Middle East is expected to account for most of the world’s demand growth this year.

Nigeria reportedly lost about

$21 billion in oil investments due to the fall in oil prices in 2015 alone.

The fall in global oil prices has continued to affect several economies. The worst hit have been countries whose economies depend solely on oil for a significant percentage of their foreign exchange earnings. Some of these countries include Venezuela, Angola, Azerbaijan, Ecuador and Nigeria. Nigeria, West African countries, the Gulf of Mexico and Brazil.

Brief

Nigeria’s oil export to rise in August Opeoluwani Akintayo Indications are pointing towards a rise in Nigeria’s oil export come August.

On Thursday, Shell said it had lifted a force majeure on exports of Bonny Light crude, the latest sign that oil production is recovering after militant attacks in the Niger Delta.

The force majeure was lifted from 09:00 a.m. Nigerian time (0800 GMT) following restoration of production into Bonny Terminal.

Nigeria’s oil production has refused to totally cave in despite some of the worst militant attacks.

Oil prices rose during the attacks, which briefly pushed production to 30-year lows. Nigeria was Africa’s largest oil exporter, but slipped into second place behind Angola earlier this year due to disruptions from militants.

Still, some fields recovered quickly, steading exports from April into May, according to reports.

Bonny Light exports had continued during the force majeure, a legal declaration made on May 11 following the closure of the Nembe Creek Trunk line.

However, cargo loadings are expected to run without hindrance now that it has been formally lifted. Global energy data company, Platts, also disclosed that Nigeria’s Qua Iboe crude oil grade, stood at a $0.90 per barrel premium to Bonny Light, the highest since October 2013.

Daily Times Nigeria Monday, July 11, 2016

Briefs Access Bank, Ecobank clinch Euromoney awards Euromoney has awarded Access Bank Plc ‘Africa’s Best Bank Transformation’ in 2016 for Excellence, while Ecobank bagged Euromoney Excellence Awards for ‘Best Bank for CSR in Africa’ and ‘Best Bank for Transaction Services in Africa.’

The Access bank was recognised based on the Bank’s progress in the enhancement of its operations through its ‘Winning with Service’ initiative, as well as commitment to raising the standards of customer experience through its digital banking strategy.

The Africa’s Best Bank Transformation award is one of the new categories launched this year to reflect the changing nature of the global banking industry, and Access Bank is the foremost winner of this award.

Speaking at the presentation ceremony Herbert Wigwe, Group Managing Director/CEO of the Bank said, “We are delighted to be presented with this highly coveted award. It is a testimonial to the hard work we have done in line with our five-year strategy to become the world’s most respected African Bank.’’

GCR affirms Sterling Bank’s BBB rating Global Credit Ratings (GCR), an international rating agency at the weekend, affirmed Sterling Bank Plc’s national long term and short term ratings of BBB (NG) and A3 (NG) respectively, with the outlook accorded as stable.

This rating which is valid until July 2017 comes after another global ratings agency, Moody’s Investors Service, affirmed the Bank’s local and foreign currency issuer ratings of B2 with stable outlook.

Moody’s had described Sterling Bank as a stable financial institution with solid asset quality, robust Information Technology and risk management processes, and high liquidity buffers. The Agency also assigned a Counterparty Risk Assessment (CRA) of B1(cr)/ Not Prime(cr) to the Bank with stable outlook.

GCR in a report made available to newsmen by Sterling Bank in Lagos at the weekend attributed the Bank’s rating to its strong performance and resilience amidst challenging operating conditions.

B3 Money Market

Why two other banks may go Skye Bank’s way Stories by Motolani Oseni Indications are rife that two other commercial banks operating in the country may likely have their management and board replaced as the Central Bank of Nigeria (CBN) has disclosed that it is monitoring one or two commercial lenders due to their liquidity ratio, high None Performing Loans (NPL) and other prudential ratios.

The apex bank exactly last week Monday announced changes in the management board of Skye Bank over failure to achieve minimum Capital Adequacy Ratios ((CAR) and high Non Performing Loan (NPLs) portfolio.

The Director, Banking and

Supervision Department, Mrs. Tokunbo Martins, has said that one or two commercial banks had failed liquidity tests but they were not in the same situation as Skye bank.

Martins in a statement said the CBN is working with the banks to restore their ratios and sought to reassure depositors that there was no need to panic.

“We have our eyes on one or two other banks right now but they are not in a state of distress,” she said.

“We have our eyes on all banks.”

After replacing Skye’s executives on Monday, depositors rushed to withdraw their funds. Martins said Skye was able to meet its obligations and that the central bank

was providing support until the new management can bring in fresh funds.

Meanwhile, the central bank last Monday said Skye Bank’s liquidity ratio has been below the regulatory limit for a while and it had resorted to its re discount window for support, prompting its top executives to resign.

Excessive risk taking and last year’s shifting of government funds from the banks into the central bank were partly responsible for the liquidity shortfalls, Martins said.

Skye bank’s problems worsened after it used short-term funding to acquire Mainstreet Bank in 2014, but failed to attract fresh funds, she said.

Emefiele

CBN

Central Bank of Nigeria (CBN) has disclosed that it is monitoring one or two commercial lenders due to their liquidity ratio, high None Performing Loans (NPL) and other prudential ratios.

Crowd of bank Customers in one of the new generation banking hall, queued for several complains...on Friday.

Photo: Motolani Oseni

Eid-el-fitr holiday: Bank customers besiege DMBs, ATM centers as work resume After the three-day long holidays for the celebration of the 2015 Islamic Eid-el-fitr festival, Bank customers across the country besieged their bank branches and Automated Teller Machines (ATM) centers in large numbers on Friday, due to the extended public holidays by the Federal Government of Nigeria. Investigations by Daily Times Nigeria, has revealed.

The Federal Government had initially declared Tuesday and Wednesday of last week as public holiday to mark the Eid-elFitr celebration, but the holiday

was extended to Thursday due to the non-sighting of the moon to mark the end of the Ramadan fast.

A Lagos based Zenith Bank customer, who identified himself as Mr. Chibuzor Nnamdi, told our correspondent in Lagos on Friday that the three-day holiday, had virtually left everyone in the festival mood and by Thursday most of the people were already cash-strapped, in addition to the fact that most of the ATMs during the holidays had no cash to dispense.

“Some of us who are business

men have been under serious financial stress in the last few days, due to the Sallah holidays because virtually all the ATMs in my area had no cash to dispense when I got there on Thursday”, Nnamdi explained.

Our correspondent who monitored the situation in Lagos and Ogun States, observed that virtually all the ATMs in Agege; Abule Egba, Egbeda and Dopemu areas in Lagos State were functional on Friday when the work resume with each of them had a large turnout of customers waiting for their

turn.

It was also observed that majority of the customers came to different banking halls were there for different transactions either to make withdrawal or transfer.

Another bank customer, Madam Abike Gbadamosi, disclosed that the long holiday has put Lagosians under unnecessary financial pressure, even though she agreed that most of the people needed the holiday to rest, and rejoice with their Muslim family members and friends.

CUSTOMER NAME

AMMASCO INTERNATIONAL LTD HERITAGE BANK VIRGIN ATLANTIC AIRWAYS LTD ARISE GLOBAL MEDIA LTD OGBEIFUN UYI LOUIS, ARISE GLOBAL MEDIA LTD OLOWU ADEKUNLE OLADAPO ADEDIWURA MARIA OGOOLUWA AGBERIEN O. MARTINA OLAJIDE ADEYIMIKA ADESAYO AGBERIEN O. MARTINA AHMED, ISA AKPOBI-MADU, MARY OZIOMA ALAGHA, DEIGHA AUGUSTUS AMMASCO INTERNATIONAL LTD AMOSU, ONIKEPO SEDODE ANIDI, CHUKA FELIX ABDULLAHI ANUMAH, CECILIA PONMILE-PEJU CARDOSO BANKOLE BABATUNDE DIALA-UKA IKECHUKWU ENYO TRADING COMPANY LIMITED FALANA, ADEWOLE SUNDAY FASERU,DOTUN TOLULOPE FRIESLANDCAMPINA WAMCO NIG.PLC IGBOKWE, DORCAS INVESTMENT ONE FIN. SERV. LTD KUKU, ENITAN OLUWAYOMI LALEYE, OYEWOLE MICHAEL LAMBO,KAYODE ABIODUN AYODEJI ELECTRONIC CHANNEL OBAFEMI, KOLADE MOSES ARISE GLOBAL MEDIA LTD OBIGBESAN, ABIMBOLA BABATUNDE NKWO OLUWATOYIN IBIDAPO OJO,OLAWOLE EZEKIEL OLORODE, OLUMIDE OWOLABI, ADETOLA PINHEIRO , CYRIL TOYIN REGENCY (OVERSEAS) COMPANY LTD ROYAL UNITED NIGERIA LTD MARTINS EMMANUEL ABIODUN SALAMI,MUAZU MANSUR SALIU,MATTHEW OLUWOLE SCIB NIGERIA & COMPANY LTD SENLONG CHRYSANTHUS PAUL ELECTRONIC CHANNEL

S/N

1 2 3 4 5 7 6 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 51 34 35 36 37 38 39 47 40 41 42 43 44

BANK NAME: GUARANTY TRUST BANK PLC DATE OF RETURNS: JULY 04 - JULY 08, 2016

BASE OIL INTERBANK SALES TICKET SALES REMITTANCE PAYMENT FOR ADVERTISEMENT PERSONAL TRAVEL ALLOWANCE PAYMENT FOR ADVERTISEMENT PERSONAL TRAVEL ALLOWANCE SCHOOL FEES SCHOOL FEES PERSONAL TRAVEL ALLOWANCE SCHOOL FEES SCHOOL FEES SCHOOL FEES SCHOOL FEES BASE OIL SCHOOL FEES SCHOOL FEES SCHOOL FEES SCHOOL FEES SCHOOL FEES 30,000MT OF PMS SCHOOL FEES SCHOOL FEES 302.4MT OF WHOLE MILK POWDER SCHOOL FEES SCHOOL FEES SCHOOL FEES SCHOOL FEES SCHOOL FEES ELECTRONIC CHANNEL SETTLEMENT ANNUAL CONFERENCE FEES PAYMENT FOR ADVERTISEMENT SCHOOL FEES PERSONAL TRAVEL ALLOWANCE SCHOOL FEES SCHOOL FEES SCHOOL FEES ANNUAL CONFERENCE FEES PAINTS NEW CKD BUDGET BRAND GAS COOKER PERSONAL TRAVEL ALLOWANCE SCHOOL FEES SCHOOL FEES RE-INSURANCE SCHOOL FEES ELECTRONIC CHANNEL SETTLEMENT

ITEM OF IMPORT / PURPOSE 4-Jul-16 4-Jul-16 4-Jul-16 4-Jul-16 4-Jul-16 4-Jul-16 4-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16

DATE OF FUND PURCHASE

RETURNS ON UTILIZATION OF FUNDS SOLD TO CUSTOMER FOR JULY 04 - JULY 08, 2016

283.50 282.50 285.00 285.00 285.00 285.00 285.00 285.00 285.00 285.00 285.00 285.00 285.00 285.00 285.00 285.00 285.00 285.00 285.00 285.00 282.50 285.00 285.00 282.50 285.00 285.00 285.00 285.00 285.00 295.00 285.00 285.00 285.00 285.00 285.00 285.00 285.00 285.00 282.50 285.00 285.00 285.00 285.00 285.00 285.00 295.00

EXCHANGE RATE

791,122.33 1,000,000.00 100,000.00 15,000.00 2,500.00 46,000.00 4,000.00 15,654.50 6,695.55 4,000.00 7,044.15 8,835.94 7,609.00 2,000.00 500,000.00 5,907.84 1,105.31 2,210.63 30,345.00 5,269.70 614,743.74 6,331.00 4,002.54 238,692.87 6,973.89 7,819.70 17,779.20 1,633.52 9,500.00 432,111.63 2,525.00 25,000.00 8,000.00 4,000.00 3,930.00 10,000.00 15,798.60 2,620.00 170,303.00 90,350.00 4,000.00 9,805.45 1,965.00 40,315.05 7,453.90 859,600.16

AMOUNT

B4 Daily Times Nigeria Monday, July 11, 2016

ARISE GLOBAL MEDIA LTD SHOGBOLA, ADEKOYEJO OWOLABI, ADETOLA NKWO SAMUEL FRIESLANDCAMPINA WAMCO NIG.PLC

PAYMENT FOR ADVERTISEMENT SCHOOL FEES SCHOOL FEES PERSONAL TRAVEL ALLOWANCE 302.4MT OF WHOLE MILK POWDER

8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16

CUSTOMER NAME

ACCESS BANK CUSTOMER 1 CUSTOMER 2 CUSTOMER 3 CUSTOMER 4 CUSTOMER 5 CUSTOMER 6 CUSTOMER 7 CUSTOMER 8 CUSTOMER 9 CUSTOMER 10 CUSTOMER 11 CUSTOMER 12 CUSTOMER 13 CUSTOMER 14 CUSTOMER 15 CUSTOMER 16 CUSTOMER 17 CUSTOMER 18 CUSTOMER 19 CUSTOMER 20 CUSTOMER 21 CUSTOMER 22 CUSTOMER 23 CUSTOMER 24 CUSTOMER 25 CUSTOMER 26 CUSTOMER 27 CUSTOMER 28 CUSTOMER 29 CUSTOMER 30 CUSTOMER 31 CUSTOMER 32 CUSTOMER 33 CUSTOMER 34 CUSTOMER 35 CUSTOMER 36 CUSTOMER 37 CUSTOMER 38 CUSTOMER 39 CUSTOMER 40 CUSTOMER 41 CUSTOMER 42 CUSTOMER 43 CUSTOMER 44 CUSTOMER 45 CUSTOMER 46 CUSTOMER 47 CUSTOMER 48 CUSTOMER 49 CUSTOMER 50 CUSTOMER 51 CUSTOMER 52

S/N

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53

4-Jul-16 4-Jul-16 4-Jul-16 4-Jul-16 4-Jul-16 4-Jul-16 4-Jul-16 4-Jul-16 4-Jul-16 4-Jul-16 4-Jul-16 4-Jul-16 4-Jul-16 4-Jul-16 4-Jul-16 4-Jul-16 4-Jul-16 4-Jul-16 4-Jul-16 4-Jul-16 4-Jul-16 4-Jul-16 4-Jul-16 4-Jul-16 4-Jul-16 4-Jul-16 4-Jul-16 4-Jul-16 4-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16

DATE OF FUND PURCHASE

282.00 280.00 280.00 280.00 280.00 280.00 270.00 270.00 270.00 270.00 270.00 270.00 270.00 280.00 270.00 270.00 270.00 270.00 270.00 270.00 280.00 280.00 270.00 280.00 270.00 270.00 270.00 280.00 270.00 270.00 284.00 298.00 298.00 280.00 280.00 280.00 270.00 281.25 283.00 280.00 280.00 280.00 280.00 280.00 280.00 280.00 280.00 280.00 280.00 280.00 280.00 280.00 280.00

EXCHANGE RATE

2,000,000.00 12.08 1.50 20.00 5.00 13.40 30.00 30.69 100.00 186.21 227.29 499.47 600.00 665.45 859.65 1,008.01 2,800.00 3,075.57 3,672.00 4,000.00 7,615.12 7,974.01 8,000.00 8,262.07 9,000.00 10,000.00 10,000.00 25,369.35 30,000.00 76,533.79 190,140.85 503,355.70 671,140.94 22,562.82 35,722.98 2,575.32 49,036.50 42,000.00 750,000.00 1.00 17,489.70 70.60 8.00 80.00 150.00 7.00 127.00 100.00 122.00 100.00 29.00 6.20 47.00

AMOUNT

CUSTOMER NAME

CUSTOMER 53 CUSTOMER 54 CUSTOMER 55 CUSTOMER 56 CUSTOMER 57 CUSTOMER 58 CUSTOMER 59 CUSTOMER 60 CUSTOMER 61 CUSTOMER 62 CUSTOMER 63 CUSTOMER 64 CUSTOMER 65 CUSTOMER 66 CUSTOMER 67 CUSTOMER 68 CUSTOMER 69 CUSTOMER 70 CUSTOMER 71 CUSTOMER 72 CUSTOMER 73 CUSTOMER 74 CUSTOMER 75 CUSTOMER 76 CUSTOMER 77 CUSTOMER 78 CUSTOMER 79 CUSTOMER 80 CUSTOMER 81 CUSTOMER 82 CUSTOMER 83 CUSTOMER 84 CUSTOMER 85 CUSTOMER 86 CUSTOMER 87 CUSTOMER 88 CUSTOMER 89 CUSTOMER 90 CUSTOMER 91 CUSTOMER 92 CUSTOMER 93 CUSTOMER 94 CUSTOMER 95 CUSTOMER 96 CUSTOMER 97 CUSTOMER 98 CUSTOMER 99 CUSTOMER 100 CUSTOMER 101 CUSTOMER 102 CUSTOMER 103 CUSTOMER 104

S/N

54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105

SOURCES AND UTILIZATION OF FOREIGN EXCHANGE FOR JULY 04 - JULY 08, 2016

45 46 48 49 50

8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16 8-Jul-16

DATE OF FUND PURCHASE

285.00 285.00 285.00 285.00 282.50

280.00 280.00 280.00 280.00 280.00 280.00 280.00 280.00 280.00 280.00 280.00 280.00 280.00 280.00 280.00 280.00 280.00 280.00 280.00 280.00 280.00 280.00 280.00 280.00 280.00 280.00 280.00 280.00 280.00 280.00 280.00 280.00 280.00 280.00 280.00 280.00 280.00 280.00 280.00 280.00 280.00 280.00 280.00 280.00 280.00 280.00 280.00 280.00 280.00 280.00 280.00 280.00

EXCHANGE RATE

www.gtbank.com

23.00 500.00 250.00 80.78 1,000.00 100.00 10.00 25.00 45.00 34.00 60.00 9.50 820.00 2.00 110.00 17.27 20.00 8.75 70.00 40.00 100.00 500.00 70.00 20.00 50.00 240.00 9.80 70.17 84.00 150.00 6.00 200.00 10.00 7.00 7.00 10.00 12.00 93.00 100.00 89.00 200.00 5.09 81.38 63.58 6.36 254.32 8.90 12.72 38.15 60.11 217.94 5.45

AMOUNT

50,000.00 7,562.63 15,798.60 4,000.00 476,260.39

Daily Times Nigeria Monday, July 11, 2016

B5

Capital Market B6

Daily Times Nigeria Monday, July 11, 2016

Skye Bank shares fall 17.94% two days following CBN intervention Ï ƄƑ Ɗ ƄƊƄ Ǝ ƏƍƄ ƍƄ ƉƕƄƍ ƅ Ǝƍ Ƅƍ ƍƄƎƏƍ Shares of Skye Bank Plc have dropped by 17.94 percent to 87 kobo, the lowest in three months as investors continued to sell-off after the Central Bank of Nigeria (CBN) replaced its board and management.

The bank’s shares moved from N1.05 on Monday the CBN announced new management to 87 kobo by last Friday, following the management’s persistent failure to meet minimum thresholds in critical prudential and adequacy ratios.

CBN noted that the bank’s liquidity and Non-performing loan Ratios have been below and above the required thresholds, respectively.

Meanwhile, the Chairman of Skye Bank Plc, Mr. M.K. Ahmad, clarified that the reconsti-

tution of the board of the bank by the CBN was not a takeover of the bank but an intervention to correct observed corporate governance issues under the old board.

Ahmad made the clarification at the weekend while addressing stakeholders on the floor of the Nigeria Stock Exchange where the new board of the bank had gone to provide information on recent developments.

While explaining that the ownership of the bank remains in the hands of the shareholders, he said the CBN does not own the bank and has not taken over the bank.

The Skye Bank chairman disclosed that the apex banking regulatory body was fully behind the bank’s stability.

Lafarge loses N28 billion on naira devaluation

17.94%

Skye Bank Plc have dropped by 17.94 percent to 87 kobo, the lowest in three months as investors continued to sell-off after the Central Bank of Nigeria (CBN) replaced its board

Summary of activities on NSE ASI

28,854.98

DEALS

4,145.00

VOLUME

234,960,908.00

VALUE

2,291,451,699.77

CAP

9,910,225,140,588.62

Lafarge Africa Plc has said that the recent naira devaluation has adversely impacted their financials, with an expected N28 billion unrealized exchange loss arising from USD (US Dollar) borrowings.

Lafarge conveyed this in a regulatory report filed with the Nigerian Stock Exchange titled “Lafarge Q2 2016 Profit Warning” adding that the current gas supply shortage in the country is also expected to impact volumes for this quarter. “This announcement is based on the unaudited financial statements for the period ended June 30th 2016.” the report noted.

According to the report, the N28 billion unrealized exchange loss arising from USD borrowings, consisted of 310 million USD shareholder loans and 85 million USD external loans at the first time of the devaluation.

The company also explained that these loans relate to United Cement Company of Nigeria Limited (UNICEM) and were mainly set up prior to the acquisition by Lafarge Africa Plc of its original 35 percent stake in UNICEM. Lafarge Africa Plc has since then increased its stake to fully own UNICEM.

NSE Indicators dip 1.54 percent last week Afolabi Adesola It was a two day trading week as the Federal Government of Nigeria declared Tuesday 5th, Wednesday 6th and Thursday 7th, 2016 as public holidays to observe the end of the Holy Month of Ramadan and Id-el-Fitr celebrations.

Despite this, the NSE All-Share Index and Market Capitalization depreciated by 1.54 percent to close the week at 28,854.98 basis points and N9.910 trillion respectively.

All other Indices, likewise finished lower during the week, with the exception of the NSE ASeM Index that closed flat.

Nine (9) equities appreciated in

price during the week, lower than twenty-two (22) equities of the previous week. Forty-eight (48) equities depreciated in price, lower than fifty-two (52) equities of the previous week, while one hundred and twenty-three (123) equities remained unchanged higher than one hundred and six (106) equities recorded in the preceding week.

Meanwhile, a turnover of 377.798 million shares worth N3.641 billion in 7,466 deals were traded last week by investors on the floor of the Exchange in contrast to a total of 1.469 billion shares valued at N17.065 billion that exchanged hands previous week in 21,246 deals.

The Financial Services Indus-

try (measured by volume) led the activity chart with 305.334 million shares valued at N2.011 billion traded in 4,260 deals; thus contributing 80.82 percent and 55.23 percent to the total equity turnover volume and value respectively.

The Oil And Gas Industry followed with 32.753 million shares worth N341.230 million in 1,029 deals. The third place was occupied by the Consumer Goods Industry with a turnover of 16.258 million shares worth N635.951 million in 1,179 deals.

Trading in the Top Three Equities namely –FBN Holdings Plc, Guaranty Trust Bank Plc and Access Bank Plc (measured by volume) accounted for 122.347 mil-

lion shares worth N1.291 billion in 1,477 deals, contributing 32.38 percent and 35.47 percent to the total equity turnover volume and value respectively.

Also traded during the week were a total of 35 units of Exchange Traded Products (ETPs) valued at N374.00 executed in 7 deals, compared with a total of 12,695 units valued at N174,028.05 transacted previous week in 35 deals. A total of 13,767 units of Federal Government Bonds valued at N14.356 million were traded in 5 deals compared to a total of 2,979 units of Federal Government Bonds valued at N2.908 million transacted previous week in 5 deals.

Daily Times Nigeria Monday, July 11, 2016

B7 Business Interview

Speaker, House of Representatives Yakubu Dogara was present in Lagos last Friday, and Daily Times Correspondent, AFOLABI ADESOLA had the privilege to interact with him on topics bordering on the capital market and how the legislature can move it forward. Excerpts: Sir, there is this recurrent issue of reluctance by multinationals, oil and gas and telecoms companies to list on the NSE. What exactly is the national assembly doing to correct this?

As part of Bureau of Public Entreprise statutes, there is a clause that says companies that are successful should list part of their equities on the NSE, but so far that hasn’t been done.

Now that we have this information we shall look at some of the

profit, listing on our market, and by that we would deepen the market, and then have resources that we can channel from the market to addressing the critical shortfall that we have in terms of infrastructure. Candidly, without infrastructure we cannot develop, and a better way of addressing our infrastructure deficit is through raising money from our capital market.

We sincerely believe that for us to deepen the market, this must be the case. Telecommunication

DOGARA

Speaker, House of Representatives

We’ll ensure multinationals enlist on the Exchange – Dogara agreements with these companies and where there are clauses that require them to list on the market and they haven’t done so through the powers of oversight, we would ensure that that is done or that they are penalised in line with the agreement that they signed with the Bureau of Public Entreprise.

But I want to make it very clear that as a responsible parliament and a responsible government, we cannot just sit down and say we would continue to do things the way we used to and expect a different outcome. Nigerian is the number one economy in Africa, our stock market must have a corresponding status as number one on the continent and we must strive to achieve this, even if it means inventing some kind of legislative tools to ensure that this is done.

Once a company is privatised and you are the successful bidder, you must list a reasonable part of your equities in the stock market, we we would follow through to ensure that this is done.

We want to ensure also that is done in respects of spectrums given out. The spectrums given out to telecoms companies before, gladly is going to elapse very soon, so we would ensure that it is a cardinal requirement, that they must register reasonable part of their equities.

If we do that, I sincerely believe that sooner than later, we would be able to achieve the goal of these companies making huge

companies, oil and gas companies, multinationals need to list.

It’s even more unacceptable where they are not quoted in the country but are quoted elsewhere.

The flow of resources from the citizens to the companies is what make them rich, its what gives them the profit, and as a responsible government we must develop a mechanism where even if it’s not all the profit they make that is being redistributed at least, a reasonable part of the profit made, must be shared to Nigerians. That is the way we can engender economic prosperity on behalf of our citizens.

The report on the railway act has been taken, the public hearing has been held. The report is there and it’s been awaited, so sooner than later we are going to have a new railway act.

I know there are opportunities for private participation and once that is passed private individuals and businesses can then build and own railway systems in Nigeria, and they can do that by raising capital from the capital market that I believe will further deepen and put more resources in the capital market.

How sure are you on the Nigerian Capital Market, what is the government doing to boost investor confidence?

There is need for us to deepen the market, but firstly there is a need to create and sustain confidence in the market. For confi-

dence to come back fully into the market, one of the issues to be addressed is the issue of sanctions.

People who commit infractions need to be dealt with. In the past that wasn’t the practice. If you recall, the crash in the market did not occasion any serious prosecution to those who perpetrated the frauds and lots of insider dealings, that I can say because I was part of the members of the committee that investigated what led to the crash in the market then, so I know some of these issues, but we were not able to deal with those who perpetrated the malpractices that led to the crash of the market.

What we are doing now is that we are amending certain principle enactment with the IAST, ISA 2007, CAMA and some other legislations to ensure that regulators are on top of their jobs and they retain the legal tools and capacity to punish severely perpetrators of malpractices. We would start dealing with this and when our citizens see that there is a transparent line of authority as to when something happens it can be immediately dealt with then confidence will naturally come back.

I’m happy that the council is supporting us because of their engagements today, the development of a complaint process mechanism which got submitted through the executive of the Securities exchange commission eventually made it to national assembly so that we can see what

we can do about that, but for us to reign in the confidence of investors people must see clearly that regulators are on top of their Jobs.

Then a lot of people will come into the market.

What efforts are being made by the parliament in terms of enacting laws to boost the Capital Market?

In the past there have been no synergy between parliament and council, however we have worked towards that and there is a positive synergy between legislature and council. I believe that utilising this synergy we can achieve a lot.

We have had cause to craft a master plan, which I believe is commendable in all respect. The implementation of the capital master plan over a ten year period which has been projected brings no doubt that it will result in the realisation of the full potentials of this market.

In order to show how serious parliament is and to underpin the fact that the government places a lot of premium on this market.

The Senate president and myself who personally attended a stakeholders summit held weeks ago, promised that we will implement the outcomes generated from the stakeholders summit.

We have noted the issues raised and I can tell you that we are addressing these issues through some of the bills before us.

Talking about stakeholders engagement, when addressing bills,

as part of our process and rules, once a bill scales through second reading, the next process is for a public hearing to be held on it, and the reason why a public hearing is held, is to throw the door open to all relevant stakeholders who have the expertise in the field to come and speak to us.

So when we speak with relevant stakeholders, such dialogue will improve the quality of legislations that will come out from the National Assembly, which would help us to craft legislation that will speak to the yearnings of those sectors in the society.

How many capital market related bills are currently set before the parliament.

The truth is I cannot sit and count the amount of bills set before the parliament, but I can tell you that we are not only addressing the issue of the capital market, we are after the holistic business environment in Nigeria, and what we did was to constitute a committee of eminent jurors in Nigeria.

Some of which are senior advocates, this team of experts have been working for close to a year to look at the entire gamut of laws we have relating to business.

With the efforts of this committee, we have passed 85 bills- the highest in a year. We have also taken a total of 235 bills from that committee and if we are able to pass all these bills, we would have been able to clean our status books and modernise them.

Daily Times Nigeria Monday, July 11, 2016

32,000

Naira Value (m)

NSE All Share Index

14,000

29,500

10,500

27,000

7,000

24,500

3,500

08-Jul

05-Jul

02-Jul

29-Jun

`

26-Jun

23-Jun

20-Jun

17-Jun

22,000 14-Jun

B8

Life&

Times Monday, July 11, 2016

Phyno, Olamide,

others for City People Entertainment Award L2

P

Gists L2

Daily Times Nigeria Monday July 11, 2016

Mutiat Alli MultiChoice Nigeria has announced the addition of Galaxy TV, a popular free to air (FTA) channel from Lagos, to its DStv platform which kicked off last week on its platforms.

Galaxy TV will broadcast current news from Nigeria, Africa and the rest of the world and will be on DStv channel 258.

The channel will be available to Premium, Compact Plus, Compact, Family and Access subscribers.

Galaxy TV, which was previously only available on GOtv, now joins the growing DStv. Other FTA stations on DStv include NTA I, Channels TV, Africa Independent Television (AIT), Silverbird Television, TVC, Lagos Television and ONTV MAX. Managing Director, MultiChoice Nigeria, John Ugbe, said the addition of

Galaxy TV

now on DStv Galaxy TV will offer subscribers more local content options to choose from.

“We are deeply committed to Africa and support the growth of original African premiere private television station that broadcasts content from not only Nigeria but Africa and the rest of the world. The addition

of Galaxy TV to our FTA genre will complement and boost our local content offering on our platform”, he said.

The 24-hour channel will feature a wide range of programming and shows ranging from news, business, sports, entertainment and other local programmes.

Olamide, Falz, Phyno, others nominated at City People awards Top entertainers that includes YBNL Boss, Olamide, Falz, Tiwa Savage, Phyno to mention but few are some of the artistes with high number of nominations at the 2016 City People Entertainment awards billed hold July 24, 2016 at the Yard 158 event centre, Oregun, Lagos.

The male artiste of the year and female artiste of the year categories are to be keenly contested.

Julius Agwu and wife

Julius Agwu, Koker, Temi Dollface,

others celebrate with Nickelodeon

… As Teenage Mutant Ninja Turtles 2 premieres in Lagos Lovers of popular kids and family brand, Nickelodeon, Cinemas, at The Palms Mall

grabbed a whopping 7 nominations this year including Artiste of the Year.

Falz and Phyno both nominated in the Artiste of the Year (male) category, follow up with 4 nominations apiece. That category also includes Wizkid, Kiss Daniel and Davido. grabbed a total of 3 nominations including Artiste of the Year (female).

She is nominated alongside Yemi Alade, Seyi Shay and Simi.

premiere of Teenage Mutant Ninja Turtles: Out of The Shadows.

The event, which was supported by DStv, was highly attended by notable celebrities like Julius Agwu Koker, Award winning Nollywood actor, Blossom Chukwujekwu, child star, Ozzy Bosco, popular songstress, Temi Dollface, Phoenix, Olohi

Olamide

Osakioduwa, among many others.

The premiere was also packed with lots of excited kids who came out to see their favourite Nickelodeon characters on the big screen and engage in fun activities including face painting, TMNT art station, Ninja training and a photo booth.

The Teenage Mutant Ninja Turtles: Out of the Shadows, which is now available in cinemas across Nigeria, is the sequel to the 2014 record-smashing Teenage Mutant Ninja Turtles movie. The the turtles - Leonardo, Raphael, Michelangelo, and Donatello who go on an exciting adventure with friends, April, Vern and vigilante, Casey Jones.

Chika Ike goes online with new movie The king of Photoshop is back!!!

Life&

T E A M

Miss Teacher star, Chika Ike, has released her second 2016 production “Locked Up” online.

The movie stars Chika Ike as the character Susan, whose family embarked on a vacation trip, leaving her younger sister, Amanda in her care. Susan decides to visit her boyfriend played by Gbenro Ajibade, locking her sister up for a week with no food and water.

Entertainment Correspondent Mutiat Alli

Produced by Chika Ike and Serah Donald Onyeachor, the movie is directed by Serah Donald Onyeachor and also stars Ngozi Echem, Christian Paul among others. Chika Ike made her debut as a producer in the movie “Miss Teacher,” which stars her alongside Liz Benson, Jospeh Benjamin among others.

Society Correspondent Abimbola Obatayo

Before he became an award was very well known for his amazing Photoshop and graphic design skills. fans as he returned with amazing new Photoshop edits of himself with American reality stars, Kim Kardashian, Amber Rose and John he still has something to fall back on.

Photography Quadri Olowolagba

Graphics Daniel Ekiye

Daily Times Nigeria

Monday July 11, 2016

L3 Style

Maureen Onuigbo

Man crush Monday: Uti Nwachukwu - The urbane risk taker That he is one of the most stylish men currently rocking the social scene in the country is not in doubt. Uti Nwachukwu is one person who pays attention and shows utmost concern, even to the minutest details about his clothes, before stepping out. He loves to look trendy, while also having fun with his choice of styles. He

comfort and loves to push the envelope while also playing safe. He is game to colours which are usually uniform colours with one abstract colour to make seals the deal with subtle accessories! Need we say more on why he is our man crush Monday (MCM)?

L4

Daily Times Nigeria Monday July 11, 2016

Daily Times Nigeria

Monday July 11, 2016

L5

Nutrition L6

Daily Times Nigeria Monday July 11, 2016

Emmanuel Blessing

Want to

?

lose weight

Eat Pawpaws

Papaya fruit is another gift of Mexicans to things world. This exotic fruit, popularly known as pawpaw, is packed with numerous health

industry. Botanically, the plant belongs to

calories/100 g) and contains no cholesterol;

papayas (Pawpaw) Papaya tree bears many spherical or pearshaped fruits clumped near its top end of the

originated in the Central Americas. Papaya plant

latex, papain, and an enzyme that found wide applications in the food

for 6-20 inches in length and 4-12 inches in

Christopher

an

thereby reducing constipation problems.

papayas as the fruit of the angels.

The fruit which is extremely rich in Vitamin C has a wide range of

of in oranges, or lemons). Research studies

fruit option to include in your diet.

Here are some of the top health

about a pound. The fruit is said to ripen when it yields to gentle thumb pressure, and its skin features numerous back peppercorn like seeds, encased in a mucin coat, at its hollow central color with either yellow or pink hues, soft in consistency and has deliciously sweet,

cholesterol build up in your arteries. Too much cholesterol

fruit is closely related to papaya, and papaya.

Columbus,

and cryptoxanthin. Vitamin A is required for maintaining healthy mucus membranes and

diseases including heart attack and hypertension.

Those looking to lose weight must include papaya in their diet

low in calories (just 39

processes. Consumption of natural fruits rich in carotenes has known to protect the body for lung and oral

you feeling full and also clears

rich in many essential B-

that can make you really sick. A single papaya contains more than 200% of your daily requirement of Vitamin C, making it great for your immunity.

are essential in the see that body requires them from external sources to replenish and

your weight loss regime easier.

Your immunity system acts as

Papaya is an excellent food option for diabetics as it has a it is sweet to taste. Also, people

a good amount of potassium (257 mg per 100 g) and calcium. Potassium is an important component of cell and rate and blood pressure countering effects of sodium. natural really for many ailments in the traditional medicines. The seeds can be found application analgesic, and used to treat stomachache, and ringworm infections

happening.

Papaya is rich in Vitamin A from degenerating. Nobody wants to lose their ability to see due to diseases like age-33 related macular degeneration, and eating papayas will ensure that you do not see a day where you cannot see.

Daily Times Nigeria

Monday July 11, 2016

L7 Wellness

Maureen Onuigbo

Benefits of drinking

Most of us know by now that water is essential to our survival, even doctors prescribe that drinking roughly eight glasses a day is ideal.

water: 1. Menstrual Cramps: Hot water helps in reducing menstrual cramps. The heat of the water has a calming and soothing effect on the abdominal muscles, which eventually helps to cure cramps and spasms.

2. It prevents premature aging: Drinking hot water helps to repair the skin cells that increases the elasticity of your skin and are affected by harmful free radicals.

Subsequently, your damaged skin becomes smoother. Hot water also clears the body of toxins that makes you age faster.

3. Weight loss: Hot water is great for maintaining a healthy metabolism, which is great if you want to shed a few kilos.

The best way to do this is to start your metabolism early in the morning with a glass of hot water and lemon. Added to this, hot water will help break down the adipose tissue i.e body fat in your body.

4. It prevents acne and pimples: Hot water deep cleanses your body and eliminates the root causes of for your skin just keeps coming on.

5. It aids digestion: Hot water is

during or after a meal can harden the oil present in the consumed foods. This can create a fat deposit on the inner wall of your intestine, which can eventually result in intestinal cancer. However, if you replace the glass of cold water with hot, you can avoid this problem. Also, hot what you want after a meal.

6. It assists

with nasal and throat congestion: Drinking hot water is an excellent natural remedy for colds, coughs and sore throat. It dissolves phlegm and also helps to remove it from your respiratory tract. As such, it can provide relief from a sore throat. It also helps in clearing nasal congestion.

7. Hair health and vitality: Drinking hot water is also good for obtaining soft, shiny hair. It energizes the nerve endings in your hair roots and makes them active. This is of your hair and keeping it healthy. fantastic for helping your body to detox.

When you drink

hot water, your body temperature begins to rise, which results in sweat. This is necessary because it helps to release toxins from your body and cleanse it properly. For quick results, add a squeeze of lemon before drinking.

9. Bowels movement: Speaking of digestion, hot water can help to keep you regular, as well as make your bowel movements healthy and pain free. Dehydration can result in chronic problems with constipation. As the stool gets accumulated inside your intestine, the movement of the bowel becomes slower. It is always recommended that you consume a glassful of hot or warm water every morning when your stomach is empty. It decomposes any remnant foodstuffs and makes the movement of the particles smooth and less painful through the intestine.

10. It prevents dandruff: Hot water keeps your scalp hydrated and helps 11. It enhances blood circulation and promotes a healthy nervous drinking hot water is that it enhances your blood circulation, which is important for proper muscle and nerve activity. Additionally, it keeps your nervous system healthy by breaking down the fat deposits around it.

12. It promotes hair growth: Activating the roots of your which is growth. Hot water promotes the regular activity of the roots and subsequently accelerates the growth of your hair.

Daily Times Nigeria

Monday July 11, 2016

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Mon, 11 July | 13

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