Dtn 18 12 15

FG to seek foreign loan in 2016 to fund budget deficit – Adeosun Ï M ƈƏ Ƈ ƋƋ Ɛ ƿƾéƕƏé ƋƗ Ƌ Ɠè ƐƏ ƗƆ Ɛ ƾƤƠƃ ơ ÎÎÎMinister

of Finance, Kemi Adeosun, has disclosed that the Federal Government

would borrow internationally and locally to fund the deficit in the 2016 budget.

This is even as the nation’s currency, the naira, broke its 42-year record on Thursday,

trading at 280 to the dollar at the parallel market with analysts saying that the development could lead to inflation and affect the profitability of

businesses.

Adeosun made know Federal Government’s intenContinued on page 6

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FRIDAY, DECEMBER 18, 2015 VOL. 2. NO. 4

GAINERS

LOSERS

NSE GAINERS AND LOSERS AS AT 16th December 2015.

UNILEVER

42

44.05

2.05%

FLOURMILL

21

22.02

1.02%

SEPLAT

JBERGER

37.81

39.7

1.89%

ETI

15.9

16.64

0.74%

DANGCEM 158.95

M&` ƋƈƅƆ ƅƆ eight new power gB1 companies, injects 1,648.25MW

206.51

Seyi g L1 Sodimu:

I’m back to take my place in African music

N150

203

-3.51%

UACN

22.61

21.5

-1.11%

156.1

-2.85%

CADBURY

20

19

-1%

Shiites: g 8 M ƏƐ ƆƏ Govs meet Saturday on security

M ƏƆ ƏƆƐ kneeling to praise God – Ooni g5

10 killed as IPOB celebrates Kanu’s release

Ï R ƆƖƆ ƕ ƑƐ è M ƌƗƈô Ƈ Ɛ ƆƏ Ɛ Ɗ 01è ƑƏ Ɔ ƈ ƇƏ ƈƐ Ɛ Ə Ɛ ƄƆ Ƌ Ɠé ƄƈƗƈ Dilionye Dilibe, R ƈƐ Ɨ Andrew Orolua, Abuja

ÎÎÎNo fewer than 10 members of

the Indigenous People of Biafra (IPOB) were killed on Thursday during jubilations that erupted in Onitsha, Anambra State after a

federal high court sitting Abuja ordered unconditional release of the director of Radio Biafra and leader of the group, Nnamdi Kanu from

the custody of Department of State Security Services.

Kanu had been in custody since October 14, 2015 when he was ar-

rested by operatives of DSS in Lagos.

Continued on page 6

Lagos State Governor, Mr. Akinwunmi Ambode (right), presenting the 2016 Budget to the State House of Assembly, with members of the State Executive Council, traditional rulers and religious leaders in attendance at the Assembly’s Complex, Alausa, Ikeja... on Thursday

d ƈôƈƐƆ ƆƅƐ ƋƆ ƗƆƏè ƊƖ Ɗƕè Ɛ ƈ Əƌƕô ƅƑ Ɛ Ɨƕ – Buratai g12

2

Daily Times Nigeria Friday, December 18, 2015

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Daily Times Nigeria Friday, December 18, 2015

3

Politics Page Three Æ s Editorial CBN and plummeting Naira

I

t is no more news that Nigeria’s currency, the naira, has been on a free fall recently, trading at 280 to the dollar as at Thursday, which is the lowest in 42 years.

Expectedly, everyone is blaming plunging oil revenues for the current woes of the naira, especially in light of the fact that oil accounts for 90 percent of Nigeria’s foreign currency earnings. Before now, the CBN announced that the country’s external reserves fell 0.4 percent as of December 15, 2015 to $29.46bn.

Certainly, the depreciation of the naira is going to have a domino effect on the capital market performance. It is a fact that the naira exchange rate depreciation will push up the domestic inflation through higher import prices, even as investors would want higher returns to compensate for the inflation, prompting the CBN to raise interest rates to fight off inflation and thereby pushing up interest rates even further. Although the Central Bank of Nigeria has implemented several measures to slow the devaluation, it appears none has worked thus far, as there appears to be panic in the forex market due to either real concerns or fears spread by speculators.

Like every other Nigerian, we are worried at this development and the negative effects on the overall health of the economy.

Analysts are of the view that the current devaluation would only worsen the situation for Nigerians as most of goods consumed are imported, even as it clear that majority of raw materials for industries are imported too. It should be noted that Nigeria is not the only country facing falling crude oil

price. However, she has been slow at exploring alternative sources of revenue.

On several occasions, we have had cause to remind the authorities that the country has other mineral resources such as coal, bitumen, iron ore, gypsum, kaolin, phosphate, limestone, marble, barite, gold, bentonite, gemstones and others. Unfortunately, they are yet to be developed to a stage the country can fall back on at such excruciating moment. Invariably, the current devaluation is bound to curtail foreign investments in Nigeria, as there are fears that any investor would have a rethink before coming to the country, since it appears there is little likelihood that any investment will produce a good return.

Even though the Central Bank Governor, Godwin Emefiele, has been doing his best to curtail the free fall of naira, more still has to be done, as the continued devaluation will have a far reaching negative impact than the havoc the collapse of the capital market had on the Nigerian economy.

If nothing is done to ameliorate the situation, there is likely fear the country would be experiencing a future stagflation because the economy is not only stalling, fact is that prices for goods will skyrocket due to importers passing the increased prices to consumers.

We therefore urge the Federal Government to take immediate measures to diversify the nation’s economy. The present over dependence on crude oil for revenue should be de-emphasised and in its place a new regime of taxation, agriculture, manufacturing, international tourism and solid mineral prospecting should be emphasised.

Publisher/Editor in Chief – Fidelis Anosike Editor Biodun Durojaiye Deputy Editor/Southern Bureau Chief Sam Nzeh Deputy Editor/Northern Bureau Chief Lateef Ibrahim

Group News Editor Segun Adio Politics Editor Akintola Akinjide Business Editor Friday Atufe Head, Graphics/Design King Ododoru

Group Managing Director Noel Anosike Group Executive Commercial/ Business Developement Ifeoluwa Isijiola 08086296714 Group Head Accounts & Control Samson Abiodun

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Segun Adio

ÏÏÏMy

association with the Nigerian Army, especially since the return of civil rule in 1999, has taught me that the men in khaki are not the ordinary humans you interact with on the streets on a daily basis. They appear friendly, but not when their part is crossed.

Their militarism and out-of-this-world secrecy and operations, cum their harshness to ‘bloody civilians’ (as was often the case in Nigeria) created a deep gulf between them and the people at the time. At a stage, the army was no longer enjoying the disdain and condemnation they got from the public.

The leadership of the

service then thought it wise to douse the tension.

They created a department of Civil-Military Relations, usually reserved for a two-star general. The purpose was to promote cordial civil-military relations. This feat had been achieved until recently.

But the question now is: Where has the civil-military relations being propagated by the military gone?

Rather than seek further partnership with the public, the Nigerian Army is getting more bashing and fast losing hitherto cordial rapport with the Nigerian public. Weeks back, some Indigenous People of Biafra (IPOB) protesters were gunned down in Onitsha, Anambra State.

Same reportedly happened on Thursday where about 10 jubilant IPOB members were celebrating the re-

Words On Marble :

lease of their leader, Nnamdi Kanu, by a Federal High Court in Abuja.

Last week, a yet-to-be ascertained number of Shiite Islamic Movement members were also gunned down in Zaria, Kaduna State (no attempt to exonerate the sect’s action). But what is more worrying is that the army is allowing itself to be dragged into unnecessary controversy.

A force statutorily meant to protect nation’s territorial integrity has now turned its guns to the citizens it is supposed to protect. One would have expected that the army would dissipate all its energies to chasing terrorists out of Nigeria, and not turn its guns unto innocent citizens.

It is no doubt that the much vaunted civil-military relations by the service is a farce.

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How Army bungled own civil-military relation

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Audu Ogbeh

Taribo West

Pastor Taiwo Odukoya

“We cannot destroy ourselves in an attempt to be charitable to others”.

“Time has come for a revolution to take place in Nigerian football”.

“Nigeria needs fleet-footed and quick-witted leadership, organisations and institutions at every level. There is no negotiating this in the 21st century”.

44

Daily Times Nigeria Daily Times Nigeria Friday, December 18, 2015 Friday, November 13, 2015

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Daily Times Nigeria Friday, December 18, 2015

5 News

No regret kneeling to praise God –Ooni ÎÎÎThe

Ooni of Ife and Arole Oodua, Oba Adeyeye Enitan Ogunwusi (Ojaja II), on Thursday, berated those criticising him for kneeling in church to worship God, saying that “no King on earth is above God”.

It would be recalled that an online Newspaper, on Wednesday, berated

the Imperial Majesty, for kneeling while worshipping God during a thanksgiving service to mark the end of his Majesty installation activities.

The week-long coronation activities for the Ooni was climaxed by a thanksgiving service on Sunday, December 13, 2015, at St Paul’s Anglican Church,

Ile-Ife. In a statement, signed by the Director of Communications and Public Affairs, Ooni’s Palace, Ile-Ife, Comrade Moses Olafar, and issued to journalists in Lagos, the Ooni said it was an unacceptable sacrilege to equate Ooni’risa or other king to the almighty God.

“God is the creator of mankind and it is God that made it possible for the enthronement of any king.

“The Ooni of Ife has been drawn to a publication released on Wednesday, December 16, 2015 by an online medium known as NEWSPUNCH, in which His Imperial Maj-

esty, Ooni’risa & Arole Oodua, Oba Adeyeye Enitan Ogunwusi (OjajaII) was crtisised for bowing to God. “God remains the highest KING OF KINGS, who has kept all Kings alive and had made it possible for me to be crowned as the King of the source of Yoruba civilization.

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Representatives, on Thursday, resolved to investigate alleged abuses of funds contributed by Nigerians under the National Health Insurance Scheme (NHIS) and has mandated its Committee on Healthcare Services to carry out the probe.

The committee is to ascertain the level of compliance with guidelines issued by the NHIS in the management of funds contributed by contributors to the scheme, recommend ways of protecting the scheme from abuses and report back to the House within eight weeks for further legislative action.

Lawmakers in the House passed the resolution on Thursday, following the unanimous adoption of a motion sponsored by three members, Onwubuariri Kingsley (PDPImo), Joseph Edionwele (PDP-Edo) and Chike Okafor (APC-Imo), on the need to protect contributors to the national health insurance scheme and insulate the scheme from abuse.

Moving the motion, Hon. Kingsley said there was need to address the growing discontent among contributors to the scheme, especially complaints about the unsatisfactory services rendered by majority of health care providers and the harrowing experiences of some contributors.

News 6

Daily Times Nigeria Friday, December 18, 2015

10 killed as IPOB celebrates Kanu’s release Continued from page 1 Justice Adeniyi Ademola gave the order for Kanu’s release while ruling on the bail application filed by the applicant’s counsel, Mr. Vincent Egechukwu Obetta.

The applicant had also challenged the federal high court order dated November 11, 2015 that permitted his detention in custody for 90 days.

Ademola said that the released of Kanu unconditionally was based “on the fact that there is no criminal charge against him in any court in the country.”

Reacting shortly after his son was ordered to be released, Nnamdi Kanu’s

father who is the traditional ruler of Afaraukwu autonomous community in Umuahia North, Abia State, Eze Israel Kanu thanked President Mohammadu Buhari for heeding the call to release his son, just as Ohanaeze Youth Council (OYC) has commended President Muhammadu Buhari, for heeding the pleas of Ndigbo and other progressive Nigerians.

The 10 members of the group were killed, according to eye witnesses, by soldiers deployed to Onitsha in the wake of last month’s IPOB protest over the detention of Kanu. No fewer than 30 others were also reported to have sustained various degrees of injury during

Thursday’s incident.

The incident, our correspondent gathered caused panic among motorists and commuters along the busy Niger Bridge area, Enugu/ Onitsha Expressway.

It was gathered that supporters of IPOB who on hearing about court’s favourable verdict on Kanu converged at the statue of the late Biafran leader, Dim Chukwuemeka Odumegwu Ojukwu in large procession.

An eyewitness, Mr. Festus Uyanna, a timber trader at Bridge-Head Market, Onitsha, told our correspondent that trouble started when the jubilating IPOB members were asked to stop their march towards the Niger

Bridge, but the group bluntly refused and continued to advance towards the bridge which has been notorious since the protest for Kanu’s release commenced.

According to the witness, it was at this juncture, when the soldiers started shooting sporadically, probably to scare the crowd away, that the ten IPOB members were shot dead.

The jubilation came to an abrupt end as members of the scattered and ran for safety. Corpses littered the road, while motorists and commuters who could not bear the heavy gunshots jumped out of their vehicles and ran for safety.

However, courageous ones

among the group’s members threw pebbles at the rampaging soldiers who retaliated by continuous shooting as if in an enemy territory. Shop owners and artisans transacting business in the area all shut their businesses as early as 1pm for fear of any eventuality.

The President General, Bridge-Head Markets Association, Mr. Sunday Obinze whose domain has been a war theatre could not talk to the press as he was said to be in a meeting.

Earlier at the federal high court in Abuja, Justice Ademola had set aside Kanu’s detention order. He also

ruled that the “detention of Kanu for more than two months without any charge is contrary to the provisions of the Constitution of the Federal Republic of Nigeria 1999 (as amended).”

Justice Ademola further ruled that the provisions of Administration of Criminal Justice Act and the Constitution of Federal Republic of Nigeria were explicit on the issue of bail and freedom of the citizens.

He reasoned that it was either the DSS and federal government were not prepared or lacked enough materials or were yet to make up their Continued on page 12

Senate moves to strengthen anti-corruption war Ï ƋƋ dƆ Ɛ Ə Ɛ ƋƗ Ɛƈ Ƌ ƇƋ ƈ ƋƈƗ ƏƈƐƕ ƓƈƐ Ƒ Əƈ jƑƆ Ɨ ƕ Olufemi Samuel, ƄƑƉ

ÎÎÎThe Senate on Thursday

Lƈ ƈ ƐƆƏ Ƈ dƐ ƐƆ Ƈ Ə ^ƆƐƏ ƋƆƑƌè #Əê &ƌƌ ƑƆƋ 9ƄƆ E ƅ ƈƊƓƑ æƋƆƇƐçè Ɨ 1Ə Ƒƍ &ƔƆƅƑƐƈƒƆ #ƈƏƆƅƐ Əè `ƆƇƈ ƆƏƕ Ɨ jƆƅ Ƌ ƕè Mƈ ƆƏƈ M Ɛƈ Ƌ ^ƆƐƏ ƋƆƑƌ Əƍ Ə Ɛƈ æMM^ çè LƏê #Ɔ ƈ ƉƑƋƑè ƗƑƏƈ ^ƏƆ ƇƆƏƆ ƅƆ Ɛ Ɔ ƅƐƈƒƈƐƈƆ Ƈ MM^ ƈ ƄƑƉ êêê j ƑƏ Ɨ ƕê Photo: TEMITOPE BALOGUN.

01 Ɛ ƆƆƊ Ƈ ƏƆƈ Ƌ ƈ ƾƠơÕ Ɛ ƇƑ Ɨ ƄƑƗ ƆƐ ƗƆƇƈƅƈƐ – Adeosun Continued from page 1 tion to seek foreign loan in 2016 in an interview with Bloomberg news agency, explaining that the decision was considered in light of the pressure confronting the economy as a result of plunging oil prices in the global crude market.

The minister however did not specify how much would be borrowed by the government.

“We need to stimulate the economy because we cannot afford this downturn to be excessively prolonged”.

“We think we have the headroom to borrow. We’re

going to mix it between local and foreign debt. We’re talking to multilateral agencies already and we’re at an advanced stage. Then we’ll look at the foreign capital markets.

“The budget will not include income from regulatory fines, such as the $3.9 billion levied on MTN Group Ltd,” she told Bloomberg.

Adeosun disclosed that Nigeria expects to boost non-oil revenue by N1.6 trillion in 2016, to help make up for the shortfall in earnings from crude exports.

She said about N1 trillion would come from government agencies and minis-

tries, which “have always been in the practice of not remitting funds generated”.

The minister spoke on the need to audit recurrent expenditure, which is up to N1.7 trillion in payroll alone.

“If you’re spending that amount on something, you should be auditing and reviewing it. That’s a process we are just about to finalise,” she said.

“The deficits in the 2016 budget – which I based on an oil price of $38 per barrel – will more than double to N2.2 trillion.”

Nigeria has a debt-toGDP ratio of 12 percent,

compared with 57 percent for Angola and 48 percent for South Africa, according to the International Monetary Fund (IMF).

This feat is expected to aid the country in borrowing internationally.

Meanwhile, the naira continued its free fall on Thursday trading at 280 to the dollar at the parallel market. This is a 42-year record low.

“We are currently selling at 280 to the dollar,” a trader said in Lagos on Thursday.

Naira traded between 265 and 269 on Wednesday as Continued on page 12

set machinery in motion to strengthen the anti-corruption war in Nigeria, mandating its Committees on anti-corruption to synergise efforts with the anti-corruption agencies in Nigeria for their effective performance.

This came as it resolved to demonstrate solidarity on war against corruption with President Buhari who is billed to present the 2016 Budget to the National Assembly, while each of the Senators has been asked to hold a national flag to that effect.

The Senate leader, Senator Muhammed Ali Ndume volunteered to personally provide a national flag for each of the Senators on resumption of legislative business on Tuesday.

The Senate, against this background, directed its Committee on Judiciary, Human Rights and Legal Matters to review all laws relating to economic/financial crimes and corruption towards achieving speedy dispensation of justice on anti-corruption cases.

This came to light after the Senate adopted a motion moved by the Deputy Minority Leader, Senator Emmanuel Bwatcha (Taraba South) on need for legislative support for the anti-corruption

drive of the government of President Muhammadu Buhari.

The Senate, however, treated the motion as most significant being sponsored by a member of the Peoples Democratic Party (PDP), which past government is perceived to have allegedly promoted corruption all through its 16 years reign.

Leading debate on the motion, Bwatcha noted that corruption has done too much damage to the Nigerian nation having eaten deep into its political, economic and social fabrics.

He also noted that corruption is not only limited to the political class, but also rampant in public service, noting that civil servants have wholly been involved and are worst for it.

He said while the political class in most cases get involved in looting, the civil servants from the ranks of Permanent Secretaries, Directors and others have been siphoning and looting from the treasury while stashing looted funds in foreign banks.

Bwatcha lamented that religious leaders as custodians of moral code have also been deeply infested with the deadly virus of corruption, noting that corruption has over the years inflicted poverty in Nigeria.

Daily Times Nigeria Friday, December 18, 2015

L- R: Permanent Secretary, Ogun State Ministry of Information and Strategy, Rev. Ibikunle Onasanya; Commissioner for Information and Strategy, Chief Adedayo Adeneye and Chairman, Nigerian Institute of Public Relations, Ogun State chapter, Mr. Tope Adaramola during a courtesy visit of NIPR to Adeneye in his Oke Mosan Office, Abeokuta, Ogun State... on Thursday.

Abacha loot balance now N13.9b – FG Egena Egena Abuja

ÏÏÏOnly

about $26,389 000 and another 19,033 000 pound sterling, which is about N13.932 billion, at the current exchange rate, is all that is left from the monies so far recovered from the foreign accounts of the late Head of State, General Sani Abacha.

The National Economic Council (NEC) disclosed this, on Thursday, after its meeting at the Presidential Villa, Abuja,, following a briefing by the Accountant General of the Federation,

Ahmed Idris.

Briefing State House Correspondents on the outcome of the meeting that lasted for over five hours, Benue State Governor, Samuel Ortom, said that the balance was as at November 2015.

Popularly referred to as “Abacha loot”, the recovered stolen funds from the late Head of State had been a subject of controversy following allegations that part of the funds had been allegedly spent on frivolous expenditure by the Jonathan administration.

Ortom was joined at

the briefing by his counterparts from Sokoto and Taraba states, governors Aminu Waziri Tambuwal and Darius Ishyaku respectively, as well as the Minister of Budget and National Planning, Udoma Udo Udoma.

On the Medium Term Expenditure Framework (MTEF), which had already been approved by the National Assembly, Udoma said the governors of the 36 states of the federation had agreed to adopt it as basis for their annual budget development.

The adoption by the gov-

ernors, he said, followed a briefing to them by his ministry, detailing fiscal strategy direction, as well as revenue and expenditure projections by the Federal Government.

Accordingly, he said states would be guided by MTEF assumptions as they were expected to be frugal in exependiture, raise their internally generated revenue profile and block leakages.

Also Speaking, Ishyaku disclosed that the Excess Crude Account (ECA) stood at 2.25 billion dollars as of last month.

Bayelsa guber: Sylva denies withdrawal from race Akam James Yenagoa

ÏÏÏThe

Governorship candidate of All Progressives Congress and exgovernor of Bayelsa State, Chief Timipre Sylva, on Thursday, dismissed as false and deceitful the claims by some politicians of the Peoples Democratic Party(PDP) that he had withdrawn from the suspended governorship election in the state, saying that such a claim was an act of desperation by the PDP from imminent defeat.

According to Sylva, those

members of the PDP that were sowing fabrications about his withdrawal from the suspended governorship contest were engaging in a failed effort to save their principal, the candidate of PDP, Hon. Seriake Dickson, from sure and imminent defeat.

Sylva, who spoke in Yenagoa, on Thursday, through his media adviser, Mr. Doifie Buokoribo, advised Dickson to stop dissipating energy on falsehood, hypocrisy and deceit. “Dickson should wait for the outcome of the governorship election and try to control

Sylva

his outbursts of fear and deceit, which cannot sway any Bayelsan, as the people already know better,” he

said.

According to Sylva, “The falsehood about Sylva’s withdrawal from the governorship contest that Dickson had tried to mar with his uncivilised vituperations and open call to violence is part of the same strategy of deceit and violence, which Dickson and PDP have employed since the beginning of the election process.

“In lie after lie, which we have roundly exposed, Dickson has shown that he has nothing other than deception to offer the people of Bayelsa in the on-going election.

7 News

WAEC releases 2015 Nov/ Dec WASSCE results Sam Nzeh

ÏÏÏThe

West African Examinations Council (WAEC), on Thursday, released the 2015 November/ December West African Secondary School Certificate Examination (WASSCE) results with 79,490 candidates out of a total of 237,154 that sat for the examination obtaining six credits and above.

The examination’s body’s new Head of Nigeria National Office (HNO), Mr. Olutise Isaac Adenipekun, made this known at a press briefing in Lagos, adding that the 790,490 candidates with six credits and above represent 33.51 percent of the total number of candidates, who sat for the examination.

Adenipekun however could not disclose how many of the 790, 490 candidates whose six credits

and above included English and Mathematics, major requirements for admission into tertiary institutions in the country.

He also revealed that 113, 573 candidates obtained five credits, representing 47.88 percent of the candidates who sat for the examination.

Adenipekun further disclosed that 146, 253 candidates, representing 61.67 percent obtained credits and above in 4 subjects, while 175,718 candidates representing 74.09 percent obtained credits and above in three subjects. A total of 20, 304 candidates, representing 84.46 percent obtained credits and above in two subjects, he added.

According to the HNO, the results of 28,768 candidates, representing 12.13 percent, were being withheld for further investigation in connection with various cases of examination mal-

Senate to strengthen anti-corruption war Olufemi Samuel Abuja

ÏÏÏThe Senate, on Thursday, set in motion a machinery to strengthen the anti-corruption war in Nigeria, mandating its Committees on anti-corruption to synergise efforts with the anti-corruption agencies for their effective

performance in the war against corruption.

This came as it resolved to demonstrate solidarity on war against corruption with President Muhammadu Buhari, who was billed to present the 2016 Budget to the National Assembly, while each of the senators had been asked to hold a national flag to that effect.

Diezani Alison-Madueke not dead, says family ÏÏÏFormer

Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, is not dead, family sources have said.

This is coming after the rumour of her death went viral on social media on Thursday.

According to the report,

the former minister died of cancer in London and was being prepared to be flown back to Nigeria on Saturday from the United Kingdom, where she had been receiving treatment.

“The report is untrue.

She’s alive and well,” a family source said.

FG declares public holidays ÏÏÏThe

federal government has declared December 25, 26 as public holidays.

This is to enable the Christians observe the Christmas and Boxing Day festivities. January 1, 2016

has also been declared as public holiday for the new year celebration.

During the break, Nigerians are expected to spend some time with their families and friends and also likely go on vacation.

8

Daily Times Nigeria Friday, December 18, 2015

Politics

Æs

Dokpesi’s many headaches

Dokpesi

Edwin Clarke

Dasuki

Currently under investigation over alleged financial complicity, certainly, these are not the best of times for High Chief Raymond Aleogho Dokpesi, Chairman Emeritus of a multi-million dollar media empire.

Bad as it were, worse battles await on all fronts as he finally battled to meet his bail conditions. BABAJIDE OKEOWO in this report takes a look at this media mogul’s many travails.

In Aghenegbode, a small town in the present day Edo State, as in most communities in Nigeria, the rich and the poor are separated by the size of appetite for highly rewarding adventures; risky, mostly. Ironically, when this adventure backfires, it comes with dire consequences.

For some, it comes slowly, while for others, it pours. For High Chief Raymond Aleogho

Dokpesi, an Aghenegbode titled chief, business mogul and Chairman Emeritus of a media conglomerate, on Tuesday, December 1, 2015, his adventure failed, bursting flat and uncontrollably.

Indeed, if there was any wrong way of beginning a new month, Dokpesi’s was a CONTINUED ON PAGE 9

Shiites: Northern Govs meet Saturday on security Peterside

Wike merely buying time – Peterside Shettima Following tension mounting in the northern part of the country by Muslim fundamentalists, Governors of the 19 Northern States under the auspices of the Northern States Governors Forum have summoned an emergency meeting.

The meeting which is expected to hold on Saturday will focus discussions on recent happenings in the region, particularly the recent fracas between the Army and Shiites followers under the Islamic Movement, which led to deaths in Zaria, Kaduna State since last Saturday and Sunday.

Already, the governments of the United States, United Kingdom, Iran, Amnesty International and the House of Representa-

el-Rufai tives have called for investigation into the clash which had left many killed.

There have been conflicting reports over whole incidence. While the Shiites led by its leader who has now been arrested, Sheik Ibrahim El Zakzakky claimed that hundreds of their members have been killed by the army which invaded their headquarters and destroyed it, the army claimed that only seven people died when the fundamentalists attacked the convoy of the Chief of Army Staff, General Tukur Buratai.

But Hospital sources said over 60 dead bodies were brought to the hospital with several others wounded.

Buratai However, Governor of Borno State, Kashim Shettima who doubles as Chairman of the Northern Governors Forum, announced on Wednesday night that the 19 Governors will be holding an emergency meeting on Saturday in Kaduna. The venue and time of the meeting has been communicated to members of the forum, he noted.

Shettima’s spokesman, Isa Gusau said in a statement issued at 11pm on Wednesday night that the decision followed consultations between the Governors on Wednesday night. He said the northern Governors were worried by the situation and hence their resolve to wade into the matter with a view to frontally

addressing the problem before it escalates further.

The Governors called on citizens and all parties associated with the incident in Zaria to be calm and exercise restraint, assuring that far reaching steps will be taken to guarantee restoration of normalcy in a sustained manner.

They also called on citizens to go about their activities peacefully and in obedience to lawful provisions.

The forum reaffirmed that governments across the nineteen states would at all times take measures that will promote peace and public safety as well as justice and fairness to all citizens in line with constitutional provisions.

The governorship candidate of the Labour Party in the last general election in Rivers State, Mr. Tonye Peterside has said that with the decision of the state governor, Nyesom Wike to appeal against the judgment of the Tribunal and the Appeal Court which nullified his election, he was only buy time to delay the inevitable.

In a statement he personally signed over the Appeal Court judgment which upheld the Tribunal’s verdict upturning Wike’s election, Peterside said if he was truly sure of his victory, he would have agreed to a rerun since he claimed to have supporters in his party, the Peoples Democratic Party, (PDP).

His words: “Ordinarily I would not bother to comment on news that is not only inevitable but in CONTINUED ON PAGE 9

Daily Times Nigeria Friday, December 18, 2015

9 Politics

Dokpesi’s many headaches CONTINUED FROM PAGE 8

nightmare. Like a cobra, which out of insatiable greed, preyed on a porcupine to his misfortune, Dokpesi, was picked up in the wee hours of Tuesday December 1 by the operatives of the Economic and Financial Crimes Commission (EFCC) over alleged involvement in the now infamous Dasukigate (a $2.1 billion arms deal) during former President Goodluck Jonathan’s administration.

Dokpesi, who played a significant role in the failed re-election bid of the former president was fingered to have played a major part in the purchase of arms for the Army in the fight against Boko Haram insurgency. According to the anti-graft commission, he allegedly received the sum of Two Billion Naira (N2.1 b) from the office of the National Security Adviser (NSA), Alhaji Sambo Dasuki, a retired army colonel, which the commission said was diverted to other uses.

The battle with Chief Edwin Clark Indeed, if Dokpesi were a seer, he would have seen the danger signals ahead of time. Initial signs that danger lurked emerged when he fell out with Chief Edwin Kiagbodo Clark, an Ijaw leader, over the latter’s ambition to replace former Chief of Staff, Chief Mike Ogiadomhe, during the administration of Goodluck Jonathan.

According to Clark: “I want to

PDP asks Appeal Court to set aside sack of it’s chairman Andrew Orolua, Abuja

Edwin Clarke state categorically that Chief Raymond Dokpesi is not a fit and proper person to replace Chief Mike Ogiadomhe in all aspects, having regard to his antecedent. Therefore, I wish to warn those who are championing the cause or lobbying for him to put Nigeria first.

Clark, a former information minister explained that events that culminated into his strong stand against the choice of Dokpesi started far back in 2010 when he worked against President Jonathan in the last general election, saying that such a person should not be appointed to the office of Chief of Staff.

Dokpesi Clark did not stop there. He pointed to Dokpesi’s none unrepentant posture after working against the interest of South-South people.

The former information minister stressed that judging by the Aghenegbode chief ’s character and antecedents, he might be a threat to the presidency if appointed because of his connection with some persons who took part in the October 1, 2010 Eagle Square bombing where many Nigerians were feared killed.

“I am aware of the fact that Chief Raymond Dokpesi has been a regular caller at the presidency for some time now, without show-

ing any sense of remorse and repentance during the aggressive and notorious activities against President Jonathan between 2010 and 2011 particularly, when he was the campaign Director General of President Ibrahim Badamasi Babangida.

“He was connected with some of the men, known and unknown who were part of October 1, 2010, bombing of Eagle Square where many innocent Nigerians were killed. Some of those persons include: Mr. Henry Okah who is serving jail terms in South Africa; his CONTINUED ON PAGE 10

Dissatisfied with the Tuesday sacking of its Acting National Chairman by the high court of the Federal Capital Territory, the Peoples Democratic Party (PDP) and Chief Uche Secondus have approached the Court of Appeal Abuja Division praying it to set aside the judgement.

In the appeal dated December 16, 2015, and filed by Mr. Emeka Etiaba, a senior advocate, the party urged the court of appeal to set aside the entire judgement of the high court.

The party and it’s chairman argued that the lower court erred in law when it held that the defendants’ preliminary objection was incompetent.The appellants CONTINUED ON PAGE 11

Uche Secondus

Wike merely buying time – Peterside CONTINUED FROM PAGE 8

progress. We still have to wait for the Supreme Court. Wike refused to accept my advice at the tribunal stage and still went ahead to appeal the judgment.

It is therefore reasonable to assume he will maintain the same stubborn stance and delay the inevitable yet again. It is, after all, his prerogative.

“Anyone who is truly confident of his popularity should not be afraid to face the electorate. PDP has a lot of supporters.

But everyday they drag this process out, they may loose more and more and more. Forget the arrogance of politicians, nobody

Wike

Peterside

knows what the outcome of an election will be”, adding, “but everyone with a conscience knows that the one we had in 2015 was neither free nor fair nor credible. It can’t stand scrutiny. As we have now seen”.

“As for the conduct of future elections in Rivers, it is worth noting the supremacy of the card reader as now contained in this judgment and the way elections in Kogi and Bayelsa went.

We still have lessons to learn.

My main concern remains security. Both APC and the PDP have shown desperation and an unmitigated desire for power at all costs. The recent black and white march charades can not conceal

the blood they both spilled. People are not foolish.

“My consolation is God does not sleep. As for the decision on what I do as the Labour Party candidate, this is not a choice strictly for me alone to make. My ambition is not the priority, the ambition of the state is. So far I have followed spiritual guidance and it has given me peace. This time will be no different. I am not desperate to be Governor. But I will not go quietly into the night.

What I will say is I will sponsor every Labour Party candidate who shows a real desire to contest their rerun. A statement on my election will be made when a vacancy arises”, he stressed.

Politics 10

Daily Times Nigeria Friday, December 18, 2015

Court reinstates PRP, PPP, BNPP as registered political parties Andrew Orolua, Abuja

Mahmmod

The federal high court in Abuja yesterday reinstated the status of deregistered Peoples Redemption Party (PRP), Peoples Progressive Party (PPP) and Better Nigeria Progressive Party (BNPP back as reg-

istered political parties in the country.

The Peoples Redemption Party (PRP) sponsored by the former second Republic governor of Kauduna state,Alhaji Balarebe Musa, the Peoples Progressive Party (PPP) and Better Nigeria Progressive Party (BNPP) were among the 53 political parties that were deregistered in 2012 by the Independent National Electoral Commission. They had challenged the decision of the commission.

Delivering judgment on the suit they filed against INEC and the Attorney General of the Federation before the federal high court yesterday, Justice Adeniyi Ademola voided the de registration of the Peoples Redemption Party (PRP), Peoples Progressive Party (PPP) and Better Nigeria Progressive Party (BNPP).

Justice Ademola said the Independent National Electoral Commission, cannot deregister the three political parties except in accordance with the provisions of the Constitution of the Federal Republic of Nigeria, 1999 as amended.

The court said that “Section 78(7)(ii) of the Electoral Act, 2010 as amended which the commission relied upon in deregistering the three political parties is unconstitutional, invalid, null and void to the extent of its inconsistency and a violation of the provisions of Sections 1(3), 40 and Sections 221-229 of the Constitution of the Federal Republic of Nige-

ria, 1999 as amended.

The court further declared that ,”the INEC cannot deregister the 1st, 2nd and 3rd plaintiffs, being political parties except in accordance with the provisions of the Constitution of the FRN, as amended.

Justice Ademola also declared that the purported de registration of the plaintiffs by INEC on the basis of Section 78(7)(i) of the Electoral Act 2010 as amended without affording the plaintiffs the opportunities of being heard amounted to gross violation of Sections 36 and 40 and Sections 221 and 222 of the Constitution of FRN. Consequently, he made an order nullifying and setting aside the purported de registration of the plaintiffs as announced by the INEC in some national dailies in December 2012, as same is illegal, unconstitutional and null and void.

In addition, the court directed INEC to restore the plaintiffs as political parties in Nigeria and to accord recognition to three political parties officers and or agents in dealing with political parties in Nigeria.

Justice Ademola also granted an order of perpetual injunction restraining the INEC from further attempting and enforcing the said de registration policy of the 1st defendant against the plaintiffs, their offices, properties and assets.

Dokpesi’s many headaches CONTINUED FROM PAGE 9

brother Charles Okah who is also facing treasonable trial in Abuja and Mr. Edmund Ebiuwaren who is serving life jail term in Abuja prison and who was alleged to have received N5million from Raymond Dokpesi”.

The rot called Daar Communications Sometime in June this year, some members of staff of Daar Communications Plc, owners of African Independent Television, AIT, and RayPower FM Radio under the aegis of ‘Enough is Enough Group’ shut down all broadcasting activities at the organisation’s Benin station in protest over unpaid salary arrears stretching over a year. The workers, who numbered about 50 blocked the main entrance to the station located along the Benin/Lagos bypass, but were prevented from breaking the law by a detachment of anti-riot policemen who were called up by the management of the station.

One of the protesting workers who did not want his name in print to avoid victimisation revealed that newly employed staff of AIT were being owed 12 months while old staff were yet to be paid salary arrears between 13 months and staff of the Raypower FM, the Radio arm of the broadcast outfit were owed 17

months.

According to the staffer, “The stations generate millions of naira on a daily basis, so there is no reason why we should not be paid our salaries. They have no excuse not to pay us our money. It is wickedness and man’s inhumanity to his fellow man. We have families to care for and children to pay their school fees. Many of our children have stopped going to school. But their own attend schools abroad.

“We are subjected to rigorous work without the right or adequate resources, it is expected of us to make “sacrifices”, and it shouldn’t be like this. This is slavery. Underpaid, yet the peanut is not released in due time, and compelled to work under excruciating conditions disguised as “sacrifices”.

There were also allegations of underhand dealings in the management of DAAR COMMS PLC public offer. More than six years after shares were bought, no single person, out of the several thousands that parted with their hard-earned money has received dividends nor partook in any Annual General Meeting of the company (AGMs).

“We members of staff of DAAR Communications under the aegis of “Enough is Enough Group” wishes to call on relevant authorities, especially President Muhammadu Buhari, Nigerian Labour Congress and Trade Union to please look into this company that treats its workers as slaves”, the ag-

grieved employees complained.

Payment was for political campaign – Dokpesi Interestingly, in a swift reaction, the embattled founder of Daar Communication said the money he received from the office of the National Security Adviser during the administration of Goodluck Jonathan was payment for media and political campaign for the 2015 general election. Dokpesi’s lawyer, Mike Ozekhome, had earlier released a statement that his client had written to the EFCC informing the anti-graft body it never did business with the NSA’s office.

“What I know is that the EFCC wrote to Daar Holdings asking for a list of directors and whether it has done any business or contract with the office of the NSA in the past and how much was involved,” the lawyer said.

“We have written them to reply that Daar Communications did not do any contract with the office of the NSA and we are ready to give them all the information they need,” he said. Dokpesi explained that he was invited by the chairman of the EFCC, Ibrahim Magu, to “shed more light on some payments that were made to him through the office of the erstwhile National Security Adviser to the

Dokpesi former President, Malam Sambo Dasuki”.

Dokpesi explained to the EFCC officials that the N2.1 billion that he collected from the former NSA was payment for publicity and media political campaigns during the 2015 General Elections,” the statement said.

According to him, his statement on the various media exposures and campaign transactions which were dutifully carried out were based essentially on contractual obligations/relationship”, the statement added.

Curiously, however, the statement was silent on why Mr. Dokpesi received payment for a political media campaign, which ordinarily

should have been the prerogative of the Peoples Democratic Party (PDP) (Mr. Jonathan’s party), not from the office of the NSA. This, probably, will count among the several grey areas the business mogul would let a heavily alarmed nation into as investigators dig deeper into the matter in the weeks ahead even as he finally battled on Wednesday’s night to meet his stringent bail conditions. But, how well or good this go, will determine Dokpesi’s place in history. For now, his reputation remains a subject of huge conjecture for those who can see tomorrow from his past. Sad enough, this is a field this Agheneghode chief failed rather pitiably. Or, did he see the signs in Clark’s eyes?

Daily Times Nigeria Friday, December 18, 2015

11 Politics

Senate orders probe of NDDC, seeks revival of Ajaokuta

Dan-Abia NDDC MD

Olufemi Samuel, Abuja The Senate has ordered a comprehensive probe into the activities of the Niger Delta Development Commission (NDDC).

The probe is to ascertain the level of its impact in the oil communities in the South-South region of the country.

The Senate took this decision through a motion; “The Niger Delta Development Commission (NDDC) and Niger Delta Development” presented during plenary by Senator Matthew Urhoghide (PDP Edo South).

It, however, directed its Committee on Niger Delta Affairs to audit all development projects

PDP asks Appeal Court to set aside sack of it’s chairman

Saraki, Senate President

Senator Melaye

by the commission and ascertain if the value for money has been achieved so far.

Presenting the motion, Senator Urhoghide said the commission was inaugurated on December 21, 2000 with a vision to offer lasting solution to socioeconomic difficulties of the region, and a mission to facilitate its rapid, even and sustainable development.

Noted that since inception, NDDC has received several billions of naira from its funding sources, and as well constructed several roads, electrification, shore protection/jetty, classroom blocks, health centres and other development projects across the region.

According to him, “while this seems to be an impressive record, what is not clear is whether the funds received so far had been used wisely and effectively, what impact the projects have had in reducing the incidence, depth bad severity of poverty in the oil producing communities”.

He lamented, “poverty still remains pervasive in the oil producing communities inspite of type huge investment of government to alleviate the plight of these communities”.

In another development, the Senate urged the federal government to put machinery in place to revive Ajaokuta Steel Company.

It said the steel complex rated to have reached 90 percent completion has the capacity to create employment opportunities for local craft men, physically challenged at home and abroad and professionals in all fields.

It advised the federal government to immediately commence the rehabilitation of rail line and dredging of the waterways linking Ajaokuta.

It also mandated its committee on power and steel development to henceforth undertake a holistic investigation of the reasons Ajaokuta Steel Company and other steel plants in Nigeria are not operational and consequently advance recommendations for their effective take-off.

A Senator representing Melaye (Kogi West) Dino Melaye moved the motion calling for the attention of Federal Government on Ajaokuta, lamenting that Nigeria in the past 9 years has committed a whooping sum of N2.1 trillion to import steel into the country.

Lamenting that the steel sector spends over N500 billion annually on steel importation, Melaye said if the steel sector is revived, it will have the capacity to rival the oil sector.

He lamented that despite the huge sums expended on the steel sector in less than a decade, the sector has continued to be bedeviled by multifarious challenges.

CONTINUED FROM PAGE 9

does not have the locus standi to institute the action.

No date has been fixed for the hearing of the appeal.

The high court of FCT in its ruling on the suit filed by former Special Adviser to former President Goodluck Jonathan of political matters, Ahmed Gulak, said Chief Secondus is occupying the position of the Acting National Chairman of the party illegally.

Justice Hussein Baba-Yusuf in

his judgement held that the position of the Acting National Chairman of the party is zoned to the NorthEast and therefore, cannot be occupied by Chief Secondus.

He ordered that Chief Secondus should vacate the office within 14 days and said that the plaintiff or any other party member worthy of that position should assume the position of the Acting National Chairman of the party.

Gulak had also sought the sack

of the party’s Acting National Chairman, Uche Secondus , on the ground that by the provision of the PDP constitution and its zoning principle, he was the proper person to replace the last Chairman, Adamu Muazu, who hailed from the Northeast geopolitical zone.

Defendants to the suit had argued that the plaintiff ’s substantive suit (originating summons) was incompetent a ground which also formed part of the appeal

are dissatisfied that their objection ought to have terminated the suit as the plaintiff grievance touches upon the internal affairs of the party adding that the plaintiff failed to pursue and exhaust the domestic remedies available to him before approaching the court.

They urged the appellate court to set aside the judgement and hold that the plaintiff (Ahmed Gulak)

News 12

Daily Times Nigeria Friday, December 18, 2015

Shi’ite sect leader, Zakzaky, not in Army’s custody – Buratai ÎÎÎThe

Chief of Army Staff, Lt.-Gen. Tukur Buratai , said on Thursday that the arrested Shi’ite sect leader, Sheikh Ibrahim ElZak-Zaky, is no longer in the custody of the Army.

Buratai said this when he met with a delegation from the Nigerian Supreme Council of Islamic Affairs (NSCIA) at the Army Headquarters, Abuja.

The Army chief, who was responding to the request by NSCIA to meet with the sect leader, said

that El-Zak-Zaky had been handed over to the appropriate authorities for prosecution.

According to Buratai, lawlessness must not be tolerated in the society especially when a part of the country is confronted with terrorism.

“As a responsible and law abiding organisation, we will do all that we can to always safeguard lives and property.

“As for the whereabouts of the Shi’ite leader, he is

not in our custody; he has been handed over to the appropriate authorities for prosecution because we don’t prosecute.

“What happened was avoidable and unfortunate, we followed the rules of engagement as enshrined in the constitution but what happened still happened,” he said.

Buratai dismissed claims in some quarters that the Army was after members of the sect.

He said that the army

was only carrying out its constitutional duties.

He urged members of the public to disregard information and pictures contained in a section of the media, describing them as a false reflection of what happened.

Earlier in his remark, the leader of the NSCIA, Prof. Daud Noibi, said the group was at the Army headquarters on a factfinding mission.

Noibi expressed the concerns of NSCIA on the

L-R: Vice President, Engineering, SMEFunds, Mr. Myke Ologunoye; Director, Carbon Exchange Trade, Mr. Innocent Azih; Chief Executive Officer, Carbon Credit Network Frienchip Centre, Mrs. Owolabi Olufowobi; Chief Executive Officer, SMEFunds; Mr. Femi Oye and Guest Lecturer, Mr. Wale Okunola, during the Carbon Credit Network Annual Leadership Retreat held in Lagos…on Thursday.

Photo: OLAWALE ROTIM

Anti-graft: PDP frowns at media persecution by EFCC Lateef Ibrahim, Abuja

ÎÎÎThe Peoples Democratic

Party (PDP) on Thursday told the Economic and Financial Crimes Commission, (EFCC) that being in control of apparatus of power does not permit any administration to engage in violations, harassments and media persecution all in an attempt to hang charges on select individuals especially on account of political leaning.

The PDP stated this while reacting to publication in a national daily wherein the EFCC reportedly stated that the party’s (PDP) National Publicity Secretary, Chief Olisa Metuh raised an alarm on threats to his life because he was being investigated on money laundering charges of transferring funds to key members of the PDP. The opposition Party made it clear that the fight

against corruption requires honesty, integrity and probity.

The party said this in a statement signed by the Special Assistant to National Publicity Secretary PDP, Richard Ihediwa.

According to the PDP’s statement, “Our attention has been drawn to a publication in a national daily wherein the Economic and Financial Crimes Commission (EFCC) reportedly stated that the PDP National Publicity Secretary, Chief Olisa Metuh raised an alarm on threats to his life because, according to them, he was being investigated on money laundering charges of transferring funds to key members of the PDP. “This office indeed finds it curious and diversionary that Chief Metuh’s public outcry against the federal government on threats to his

life is now being replied by the EFCC with allegation of transferring money to party members.

“Whilst we will not trend with the EFCC in their welldesigned media trial, we find their action a perfect example of media persecution and mob lynching.

“This agency has continued to flout the principles of rule of law and due process as obtained in other democracies where suspects are invited, investigated, prosecuted and punished accordingly if found guilty.

“However, it must be communicated that being in control of apparatus of power does not permit any administration to engage in violations, harassments and media persecution all in an attempt to hang charges on select individuals especially on account of political leaning.

“Nevertheless, on the issue of honesty, integrity and probity in the fight against corruption, it is imperative that the following issues already in the public domain be addressed; * Is it really true that Mr. President had collected his monetized statutory benefits from the government before reportedly collecting vehicles from the office of the National Security Adviser? * Is it correct to state that it is the Office of the Secretary to the Government of the Federation that dealt with the statutory benefits of the President as former heads of state in line with the convention and norm of dealing with past heads of state? * Is the collection by Mr. President from the Office of the National Security Adviser (NSA) a bit out of line in receiving benefits from government?

Zaria incident and reaffirmed the commitment of the council to return peace to the area.

He appealed to the Army authorities to allow the delegation to meet with the arrested leader of the sect.

Noibi said the NSCIA

would make efforts to douse the tension that had engulfed parts of the North following Saturday’s incident in Zaria.

Noibi was accompanied on the visit by the Secretary General of the council, Prof. Ishaq Oloyede.

10 killed as IPOB celebrates Kanu’s release Continued from page 6 minds to prosecute the applicant.

Nnamdi’s father, Eze Israel Kanu who reacted in Umuahia also appreciated the support of Nigerians who stood by them during the trying period. He advised MASSOB, IPOB and other pro-Biafra agitators to be law abiding and pursue the Biafra project without confrontation.

Eze Kanu however urged President Buhari to let Igbo be by giving the people independent Biafra.

In their reaction, the National President of OYC, Maxi Okechukwu Isiguzoro, and Secretary, Nnabuike Okwu, in a press statement issued on Thursday in Umuahia said the release of Kanu would go a long way in

dousing the tension in the polity.

According to them, Kanu’s final release from detention will also restore the confidence of Ndigbo in Buhari’s administration even as it would also end the protests by Biafra agitators which had enveloped most cities in the defunct Eastern region.

Ohanaeze, therefore, appealed to all pro- Biafra groups to reciprocate the federal government’s gesture by discontinuing with further protests “ for the sake of peace and in the overall interest of the people,” just as it called on the federal government to quickly address all injustices against Ndigbo which it said were the causes of the renewed agitation for Biafra in the first place.

FG to seek foreign loan in 2016 to fund budget deficit – Adeosun Continued from page 6 traders anticipate the “end of forex street trading” in two weeks’ time.

The naira fell to a 42-yearold low on December 15, when it traded at N260 at the parallel market – the lowest since 1973.

The Central bBank of Nigeria (CBN) cut the amount it sold to each of the 2,270 Bureau de Change (BDC) operators that participated in Wednesday’s sale to $10,000, down from the $30,000 sold to the operators last Wednesday.

The apex bank had offered $84.5m at a similar sale two weeks ago.

Dwindling oil revenues, which account for 90 per cent of Nigeria’s foreign currency earnings and more

than half of the Federal Government’s income, have hit public finances and the naira.

The CBN, under the leadership of Godwin Emefiele, had initially cut the number of forex traders at the black market, saying they do not have the appropriate documents for trading.

In a circular highlighting the new guidelines for forex trading from 2016, the CBN said it was going to clamp down on street trading and forbid expansion of traders.

“No bureau de change shall have a branch office outside its registered office.

All bureau de change that under the 2002 guidelines have branches are required to close such branches within 90 days of the 2015 guidelines,” the circular said.

Daily Times Nigeria Friday, December 18, 2015

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13

News 14 Lateef Ibrahim, Abuja

ÏÏÏThe

Peoples Democratic Party, PDP, on Thursday, told the Economic and Financial Crimes Commission (EFCC), that being in control of apparatus of power did not permit any administration to engage in violations, harassments and media persecution, all in an attempt to hang charges on selected individuals, especially on account of political leaning.

It stated this while reacting to a publication in a national newspaper wherein the EFCC reportedly stated

Daily Times Nigeria Friday, December 18, 2015

Anti-graft: PDP frowns at media persecution by EFCC that the party’s (PDP) National Publicity Secretary, Chief Olisa Metuh, raised the alarm on threats to his life, because he was being investigated on money laundering charges of transferring funds to key members of the PDP. The opposition party made it clear that the fight against corruption re-

quired honesty, integrity and probity.

The party said this in a statement signed by the Special Assistant to Metuh, Mr. Richard Ihediwa.

According to the PDP’s statement, “Our attention has been drawn to a publication in a national paper, wherein the Economic and Financial Crimes Commis-

sion (EFCC) reportedly stated that the PDP National Publicity Secretary, Chief Olisa Metuh, raised the alarm on threats to his life because, according to them, he was being investigated on money laundering charges of transferring funds to key members of the PDP. “This office, indeed, finds

it curious and diversionary that Chief Metuh’s public outcry against the Federal Government on threats to his life is now being replied by the EFCC with allegation of transferring money to party members.

“Whilst we will not trend with the EFCC in their well-designed media trial, we find their action

Robbers kill two in Osun bank attack, cart away ATMs

Yuletide: Reps task FERMA on bad roads

Sodiq Adekunle, Osogbo

Henry Omunu, Abuja

ÏÏÏRobbers have attacked

one of the second generation bank, killed two of the security men and carted away Automated Transfer Machines and money.

The incident occurred at Obokun Oriade Local Government area of Osun State.

It was gathered that the robbers were eight in numbers and operated for about two hours.

According to a source, who did not want to disclose his identity revealed, the robbers branched the police station in the town and shot sporadically at the station.

It was reported that the policemen on duty fled.

The Director of Publicity of the Peoples Democratic Party (PDP) in Osun State, Prince Diran Odeyemi, who is also from the town, faulted the efforts of the state government on the security.

He condemned the attack as on uncalled for and said that despite the huge amount invested on security, the state was still witnessing that kind of incident.

ÏÏÏThe House of

L-R: Senior Manager, Events, Globacom, Mr. Sola Mogaji; Permanent Secretary, Lagos State Ministry of Culture Arts and Tourism, Mrs. Olufunmilayo Balogun; Commissioner for Information and Strategy, Mr. Steve Ayorinde, Commissioner for Tourism, Arts and Culture, Mr. Folarin Coker and Special Adviser to the Governor on Tourism, Arts and Culture, Hon. Adebimpe Akinsola, at the unveiling of One Lagos Fiesta sponsored by Globacom at Freedom Park in Lagos… on Tuesday.

You’ve no moral justification to insult Jonathan, Ekwunife tells Umeh Nkiru Nwagbo, Awka

ÏÏÏSenator

Uche Ekwunife has described insults being directed at former President Goodluck Jonathan by the candidate of the All Progressives Grand Alliance (APGA), Chief Victor Umeh, as a sign of frustration and failure.

In a statement signed by her Chief of Staff, Emeka Iloegbunam, Ekwunife said Umeh had been gloating that with Jonathan out of the way,

Egena Egena, Abuja

ÏÏÏA group which iden-

Gov. Aregbesola

a perfect example of media persecution and moblynching.

“This agency has continued to flout the principles of the rule of law and due process as obtained in other democracies where suspects are invited, investigated, prosecuted and punished accordingly if found guilty.

tifies itself as the Peoples Democratic Party (PDP) Frontier for Justices has accused President Muhammadu Buhari and the All Progressives Congress

that there would be no hiding place for his opponents in next year’s rerun election.

“He forgot that the state government was the one that intimidated Senator Ekwunife using state might against a defenseless woman who was busy campaigning and he was busy blackmailing her,” Iloegbunam said.

Iloegbunam further said that “today Victor Umeh even has the moral rectitude to abuse

the former president, Dr. Goodluck Jonathan and accuse him of being the cause of his woes. Maybe I should remind Umeh again that for more than 12 years he sat as the National Chairman of the All Progressive Grand Alliance (APGA), he has never fielded any presidential candidate of Igbo extraction.”

He was the one that opened “Join Jonathan Journey (JJJ)”, opened a very big office and decorated it with APGA flags

and other insignias. Victor Umeh was the same person that put his photograph side by side with that of the former president in his billboards, yet he is now abusing the same person”, he said.

He also accused Umeh of having sued President Mohammadu Buhari over alleged certificate forgery and advertised it in various national dailies, “all because he was campaigning for GEJ, and, now, he thinks we all have forgotten”

Representatives has tasked the Federal Roads Maintenance Agency (FERMA) to carry out rehabilitation work on major roads across the country to ensure that Nigerians travelling for the yuletide season do so with ease.

Chairman, House of Representatives Committee on FERMA, Rep. Jerry Alagboso (PDP-Imo), who said this at a meeting with the management of FERMA, therefore, charged the body to settle all debts owed contractors by the agency.

He said the payments of the debts owed contractors would act as a stimulus to the contractors to mobilise to site and embark on massive rehabilitation of bad roads across Nigeria.

Alagboso said that many Nigerians were still complaining about the poor state of roads, in spite of the huge resources allocated for road repairs. The deplorable conditions of roads in the various parts of this country have been a source of worry to many.

Group slams Buhari over anti-corruption campaign (APC) of selective justice in the prosecution of the war against corruption.

It alleged that the APCcontrolled Federal Government had embarked on media trial of political ene-

mies, while shielding members of the ruling party.

The group made this accusation at the end of its meetings, in Abuja, on the state of the nation and the present travails that the

country had been allegedly subjected to due to the diversionary anti-corruption war of President Muhammadu Buhari.

In a statement issued after the meeting, the PDP group

lambasted Buhari, alleging incompetence and insensitivity to the unity of Nigeria and the lack of direction that his administration had displayed in the last seven months.

Daily Times Nigeria Friday, December 18, 2015

15 Opinion

MARRIAGE CLINICS-PART V1

Strategies for Marriage Conflict Resolution ‘‘Forbearing one another, and forgiving one another, if any man have a quarrel against any: even as Christ forgave you, so also [do] ye’’ (Colossians 3:13)

I OMOTOSO SAMUEL

n marriages, Conflict, Argument, or vehement discussions are inevitable. Every couple will have disagreements.

Unfortunately, when a man faces a confrontation with his wife, does he resign to give in, flee, or fight over the differences, which will never yield any peaceable result that comes with effective conflict resolution, instead you could yourself sleep on the couch.

Likewise, when a woman disagrees with her husband about certain things, how best does she respond to the situation, does she vow to manipulate or hide facts to get the upper hands? Alternatively, she thinks to know better and challenge her husband. It should not come as surprise that none of these options taken by men and women can promote long lasting satisfaction or peace in a relationship. Let us look then, at God’s design for effective communication and conflict resolution in marriage.

It is not demanding to see how in a flawless world in which these divine charges of husband and wife relationship were never broken, Marriages would be peaceful, satisfying, and heartening. However, we do not live in a perfect world.

We live in a fallen world, and our natural tendencies are to focus on ourselves and attempt to impose our will on others.

Any of your self-seeking attempts to get your spouse to do something “your” way often causes communication breakdowns. Those breakdowns often leave ugly scars. Injured relationships, broken families, disheartening atmosphere, confusion and disloyalty are just a few of the consequences that can mar a marriage.

Biblical Strategies

In order to maintain our commitment to love, treasure, and honor our spouses, we need to yield our rights and ourselves first to God and then to one another. Over the years, many couples have used

most of these strategies to help prevent communication impasses, blowouts, and breakdowns. If you and your spouse have a difference of opinion, try resolving conflict with one or more of these biblical guidelines and strategies: (1) Stick to the problem at hand. Husband and Wife should focus on the current conflict and should try to identify the causes and effects of the problems. They must not accuse each other of “always” or “never” behaving a certain way. It is not wise to put your spouse on the selfjustifying. It is a common saying that ‘’ A problem known is a problem solved. Every problem encountered is there to be solved. A lot of couples ended up in divorce due to their inability of resolving issues at hand. Marriage is all about forgiving one another which is the milestone of true love (Matt. 6:14,15). True Love covers each other weaknesses and inadequacies. The Bible clearly states that what God has joined, let no man nor woman neither situations (barrenness, poverty, in-laws etc) put it asunder. Consider the marriage a life-long commitment, just as Christ is eternally committed to His bride, the Church. Ask your mate if he would like some time to think about the conflict before discussing it (but never put it off past bedtime – see Eph. 4:26).

(2) Get on the same side of the fence. Rather than attempting to resolve an issue “my way” or “your way,” work toward a solution that represents “our way.”. Differences are bound to occur, but the ability to resolve them mutually shows the level of the spouses’ maturity and understanding of God’s mandate for them. Resolving marital issues with your own head- knowledge will in one second crash the relationship you have built for years.

Never say anything derogatory about your spouse’s personality. Proverbs 11:12 tell us that he who despises (belittles) his neighbor lacks sense (NASB).

(3) Try to identify the core issue. Arguments often arise because of events or issues that disguise the real problem.

Consider what attitudes or beliefs are motivating your behavior for indications as to what the core issue in any conflict is. Limit the discussion to the one issue that is the center of the conflict. If you fail to identify the root cause of conflicts and prayerfully address it, you will always end up in arguments and fruitless debates, which are not healthy for your marriage.

(4) Do not be a mind reader.

Discuss your beliefs and expectations openly. Do not try to interpret your spouse’s thoughts or motives from his or her behaviour; instead, ask direct questions. Likewise, do not expect your spouse to know what you are thinking.

Do not try to read your spouse’s mind. If you are not sure what he or she meant by something he or she said, ask him or her to clarify it. Marriage is about trusting each other, In a marriage where trust is no more or not existing, spouses will continue to suspect each other. Distrust in marriage is one of the catalysts of broken marriages.

(5) Do not let the sun go down on your anger. Settling disputes takes hard work and can take time. If you have not reached an agreement by bedtime, put the matter aside with the understanding that you will resume discussion the next day.

Nursing anger overnight gives the devil a foothold (Ephesians 4:26-27). Do not leave yourself or your marriage vulnerable.

Anger is a small madness, if it is not controlled can destroy every good thing that one has used years to gather just in a twinkling of an eye.

(6) Avoid character assassination. As you work to resolve conflict, it is okay to talk about circumstances and behaviour. However, attacking your spouse’s personality or character is never acceptable. Character assassination is a deliberate and sustained process that aims to destroy the credibility and reputation of a person.

Every man and woman is born and nurtured from different family background having dissimilar mindset. Marriage is a divine institution, which God establishes to blend and mold each other, character thereby

making us to reason as one body.

(7) Never forget that your relationship with your spouse is far more significant than “winning” an argument or “being right.” Remember that the resolution of the conflict is what important, not who wins or loses is. If the conflict is resolved, you both win. You are on the same team, not opposing, competing teams.

(8) Remember that love keeps no record of wrongs. Be quick to forgive, quickly to admit your own mistakes, and quick to move on from the conflict.

This makes me remember the story of a couple, one day they both agreed that two boxes should be made, one is kept for the husband while the other is for the wife. They now said that each person would observe each other character for a month, whatever wrongs committed by the husband on daily basis would be posted to the husband box and that of the wife’s will be posted to the woman’s box daily. After a month which both had agreed, the husband opened his box and saw several offences that his woman had claimed to be have done against her.

Nevertheless, when the woman opened her own box, she saw nothing alleged against her by her husband. Does it mean that the woman did not wrong her husband? She did. But the man through true love he had toward his wife, overlooked every weakness and wrongs of her wife. Genuine love is sacrificial and not selfjustifying.

In Conclusion, You are the determinant of how long your marriage should last.

Any conflict left unresolved in marriage will end up in crisis. Understand each other language and let your marital boat sail through and sincerely commit your lives and your marriage to Jesus Christ. I earnestly pray that whatever conflicts rocking your marriage shall surely receive permanent solution in Jesus name.

Pastor Omotoso can be reached through 08029531853 or email: onwardforchrist2015@gmail. com.

16

Daily Times Nigeria Friday, December 18, 2015

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Daily Times Nigeria Friday, December18, 2015

Features

17

Æs

My desire is to return Daily Times to its rightful place – Anosike -I felt challenged to bring history back – Olujimi

Gabriella caught in one moment of mirth. To her left are Anosike, Olujimi and other staff

The management of Folio Communication Ltd, publishers of the New Daily Times newspapers on Tuesday December 15th rolled out the drums to congratulate its team and workforce who have laboured to keep what Dr. Chidi Amuta described as ‘the resurrection and restoration’ of the new Daily Times’ on the newsstands for the past calendar year. Features Editor, GBUBEMI GOD’S COVENANT SNR brings you the happenings.

The venue was Lateef Jakande Road, Agidingbi, Ikeja, Lagos - the corporate offices of Daily Times of Nigeria - and the permanent headquarters of the undisputed Patriarch of the newspaper industry in Africa as well as the first and oldest print citizen in the black world.

It was a gathering of men and women of proven strength and brawn … all remnants of a rugged workforce tested and tried through the valley of the shadow of death in the newspaper’s

one year comeback triumph.

The first confirmation of an earlier rumour that the day would be celebrated came with the arrival of the pioneer editor in this dispensation, Mr. Yinka Olujimi.

The editorial department exploded with nostalgia as he hugged and shook hands with his former workforce from desk to desk. Many who only heard of him were seeing him for the first time even as he was seeing many faces for the very first time.

Besides members of the team and the publisher/editor-in-chief, Mr. Fidelis Anosike at the anniversary celebration, former Group Managing Editor (GME), Ms Gabriella Osamor and some others made the list of special guests.

The arrival of Gabriella, who was the founding craftsperson and general machismo that handpicked most of the New Daily Times crew was electrifying. Like a mother who had been away from her children for too long, she was received with a standing ovation and virtually hugged everyone at the gathering.

In his welcome speech, Publisher/Editor-in-

We started with about seven or eight copy editors, we ended up with just two and we were closing earlier than when we had eight people. Then what do you want me to say about the Nduka Uzuakpundus and the Babatunde Scotts of this world? – Pioneer Editor

Chief, Anosike congratulated the entire team, himself inclusive. He accorded the rebirth of the New Daily Times to the conscientious effort of people of like minds.

Assuring the team of his desire to return the newspaper to its rightful place in the media industry in Nigeria, Anosike used the opportunity to thank everyone who has made the rebirth of Daily Times a reality and promised he would do whatever it takes to ensure that the newspaper continues to grace the newsstands even at the detriment of his own personal comfort while assuring all that Daily Times has come to stay.

Anosike also used the opportunity to urge everyone to ensure that Daily Times is made a reference point in Nigerian Journalism industry in the next twelve months.

The highlight of the celebration was the recognition of three outstanding members of the team by the publisher.

Anosike recognised and gave awards to Miss Mutiat Alli currently heading the

Continued on page 18

Features 18

Anosike in close discussion with Olujimi

Daily Times Nigeria Friday, December18, 2015

Getting a man’s job done feels good – Gabriella

Continued from page 17

entertainment desk as music and movie correspondent; head of the graphics department, Mr. King Ododoru and charge-de-affairs of Human Resources, Mrs. Laureta Airamoehi.

Each received a bottle of Segura Champaign and cash gift of N50,000 with a promise of promotion.

Commenting on her recognition and award, Miss Alli said she was surprised, especially because she wasn’t present at the party.

Pioneer editor of the rebranded Daily Times, Mr. Yinka Olujimi in his remarks, congratulated members of staff and expressed his pride at the collection of seasoned journalists who make up the new Daily Times, an assemblage he said was as good as you could find anywhere in the country.

In her own remark, Former Managing Editor, Ms Gabriella Osamor, said she was overwhelmed with the level of successes the newspaper has achieved in its one year of rebirth.

“Let’s go be the best,” she charged all

Antonia and Gabriel

Editor Durojaiye and Uzuakpundu

Atufe and Akintola

members of staff.

The current chief in the helm of affairs, Editor Biodun Durojaiye, in his address, reiterated his determination to ensure that the newspaper returns to its place of pride in the industry while he expressed optimism that the newspaper would compete for awards in the next twelve months.

Mr. Durojaiye re-echoed his mantra of ‘Continuous Improvement’ and prophesied that in the next twelve months, the newspaper will win the newspaper of the year award.

Deputy editor/Southern bureau chief, Mr. Sam Nze while delivering the vote of thanks assured that all hands will be on deck to ensure that the paper regain its position in the industry.

In an interview with our features desk after hours, Olujimi relived the rebirth of a newspaper with intimidating profile like Daily Times.

Was he convinced he would succeed?

“Some people might say it was daunting, but I didn’t think so. I knew that it was something that could be done. Frankly speaking, I had no fear that it would fail; you must convince

God’s Covenant Snr.

Daily Times of Nigeria is the place to be. We may not be making all the monies now, but we will get there because the bricks and fixtures required to build up the structure are falling in place - and the workmen are willing and able – Editorial Staff yourself first before you can convince others: self conviction - that was why I could think of doing it – and I knew also that the mere name of Daily Times could sell itself.”

Of the unequalled history of DTNl, Olujimi said he drew a lot of confidence from the importance and position of the paper in the Nigerian story.

“I know the role that Daily Times played in the past, what Daily Times meant in the days of Babatude Jose.

“Even when General Gowon wanted a deputy, it was Jose that he consulted and Jose considered it beneath him that being the MD of Daily Times was bigger than the position of Vice President of Nigeria. If you have that kind of brand in your hand therefore,

Joy Ekeke

you should know what I am talking about.”

Acknowledging that most people of the intellectual generation of the pre and post independent generation were both surprised and extremely glad to see the rebirth of Daily Times again, Olujimi recalled some exciting and bleeding moments in the onerous adventure.

“You know the number of people who kept calling and praying for me for bringing back Daily Times? An army general called and said there was an error in a caption in the paper and said ‘Please, don’t do this to my Daily Times’. He went on to emphasise that ‘this newspaper belongs to us, not to your generation: it is our paper.’

“So many prominent people, big Nigerians were monitoring and assessing our progress so I knew I had a big brand on my hands and I felt challenged to bring history back.

I am glad that our little efforts were rewarded by God.” Looking ahead to the competitive newspaper market in the next few years, Olujimi is optimistic Daily Times of Nigeria will craft its way to stardom.

“Daily Times in the next one year must start winning awards; that was what I wanted from every journalist on board.”

That it took his gutsy optimism and radicalism to break the three months jinx of the rebirth of Daily Times, the lawyer and print veteran cautioned that an army general is as strong as the weakest of his soldiers. Hear him: “I can only be humbled; it’s not just me, because I also had very great people around me. An army general is as strong as the weakest of his soldiers. All that we were able to do and achieve in breaking the three

Gafar and Ekejiuba

months jinx wasn’t so much about me, the accolades doesn’t belong to only me: it belongs to everybody, from the reporters to the graphics guys to Kingsley; people who didn’t have hope of having money, yet they kept on working.

“Then there is Obinna Onwukwe (Utility and Head Facility) who always ensured that the generator and everything works in the company.

“We started with about seven or eight copy editors, we ended up with just two and we were closing earlier than when we had eight people. Then what do you want me to say about the Nduka Uzuakpundus and the Babatunde Scotts of this world?

“So it’s not about only me. Not many people will work till very late, some would sleep there and others who manage to go home all come back the following day - and they kept coming and getting the work done.

“Look at the girls who used to write entertainment that were deployed to report business and health - and they hit the ground running; not them alone, some others too.

“In conclusion I am very happy with the calibre of people who worked with me; with their joint efforts we were able to achieve what we did. Everyone paid a huge price for the paper to come out every day of the week.

“I pray that you all will be able to sustain it.”

I feel good that it took a woman to get a man’s job done Gabriella Osamor was the mother Eve that birthed the New Daily Times of Nigeria under circumstances that may have dissuaded many.

In this brief chat with our features

Continued on page 19

Daily Times Nigeria Friday, December18, 2015

Cross section of DTN female crew

Olawale

19 Features

Cross section of interns

It was like squeezing water out of stone-Akintola Continued from page 18 editor, Osamor revealed the strength that gave her the push at the labour room.

“The level of my experience convinced me,” she said simply. “I knew it could be done if we had the right crop of journalists and I went for them because my dream was to gather the best that will make the paper the go-to paper.”

How would you describe the takeoff of the paper?

“It was tough because there were so many things that were against us; we thought it would not happen. But when it eventually happened, it was tremendous.”

Can you share with us some of the events that shook your optimism in the paper?

“Living up to the promises we had before the take-off of the paper. That troubled me a lot.”

The welcome you received on Tuesday was nostalgic, how did that make you feel?

“It was a welcome fit for royalty and I felt wowed.”

If Anosike should call you in the nearest future that, let’s do it again, what will you say?

“No, I won’t do it again. I told the publisher when I joined that I was going to spend just two years and that I will do my best for the paper. I joined 18th

Obinna K. Onwukwu

You know the number of people who kept calling and praying for me for bringing back Daily Times?

An army general called and said there was an error in a caption in the paper and said ‘Please, don’t do this to my Daily Times’. He went on to emphasise that ‘this newspaper belongs to us, not to your generation: it is our paper - Olujimi

Olujimi Snr. and Okeowo

of July 2013 and left 1st of July 2015.

I am glad I was able to keep my word.

I am past working for someone now.

My intention is to be on my own and that’s what I am doing now.”

How do you see Daily Times in the competitive market of this age in the next one to two years?

“I like what the new editor, Mr. Biodun Durojaiye said on the new mantra of the paper, “continuous improvement.” If he is able - and is enabled to realise that, the sky won’t even be the limit: others will be asking themselves, how didn’t we see this?

How did we miss this?”

How does it make you feel that Gabriella Osamor was key factor for the re-birth of the New Daily Times of Nigeria?

“Oh, I feel good that it took a woman to get a man’s job done! It is awesome and all glory to God. That is something we should not forget, all glory to God because we started with prayers and he opened the way.”

The rugged team Some of the print generals holding the pillars of the New Daily Times now headed by Mr. Biodun Durojaiye include Mr. Sam Nzeh, a graduate of Political Science from the University of Calabar who began his journalism career as a reporter in 1999 at the Post Express newspapers (now defunct.)

A beneficiary of several journalism training workshops, Nzeh came to the Daily Times through the

instrumentality of the pioneer editor of this dispensation, Mr. Yinka Olujimi who felt he needed a journalist of repute to support him drive the reborn Daily Times.

Before joining the New Daily Times crew last December, Nzeh was the news editor of Sunday Mirror and deputy editor, Daily Champion newspaper respectively.

Segun Adio, the Group News Editor is an experienced journalist who has blazed the trail in Foreign Affairs, Defense, Crime, Politics, Features and Sports in almost two decades of unbroken run. He has undergone training workshops in many local and international agencies and governments including the United States of America, India, Germany, Egypt and many West African nations.

Editorial Page Editor, Mr. Okay Osuji is a veteran journalist with experience spanning more than 20 years. He has worked with many media outfits including Imo Newspapers, Owerri in Imo State, Satellite Newspapers, Enugu, Champion Newspapers and National Mirror Newspapers, Lagos.

Throughout his journalism career, Okay Osuji held positions as Political Editor, Special Political Correspondent, Features Editor and Editorial Page Editor.

Political Editor Akinjide Akintola, was a veteran who was political editor and deputy editor of the Nigerian

Worthy reunion. Anosike welcomes Gabriella

Tribune and The Nigerian Compass Newspapers at different times.

In retrospect, Akinjide acknowledged that the last one year has been very challenging though with signposts of landmark achievements. “It was like squeezing water out of stone.

But it could not have been otherwise considering the disposition of the Publisher who gives almost impossible directives but with surprising successes.

“It was a remarkable year and if the building blocks laid are properly consolidated with working suggestions, we will have cause once again to celebrate in December 2016.”

The anchor of the features desk is Gbubemi God’s Covenant Snr who made his debut with the first and most celebrated soft sell magazine of all times – the Prime People back in 1986. God’s Covenant Snr is credited with blazing the trail of integrated features then known as human angle journalism.

With almost 30 years experience in the print media, the grandfather of features created and developed the features desk at The Moment newspaper and The Moment On Sunday newspapers, and News Africa magazine before coming on board the New Daily Times of Nigeria as features editor.

The entire team is optimistic as they clinked glasses and wined and dined as the celebration closed into the production room.

As the celebration closed into production of Wednesday’s edition, the team clinked glasses, wined and dined in great optimism that the sky, as Gabriella had prophesied, is not going to be the limit.

The general vision and conviction is that in the print and online mass communication business of this age, Daily Times of Nigeria is the place to be.

We may not be the making all the monies now, but we will get there because the bricks and fixtures required to build up the structure are falling in place and the workmen are willing and able.

Lo, we shall have a good heritage.

Happy Anniversary, folks!

20

Daily Times Nigeria Friday, December 18, 2015

With a deep sense of loss, but in total submission to the will of Almighty God for a life well spent, the families of Queen Osunju Jaja & Chief Oko-Jaja of Opobo Town and the Blackduke family (in-laws) of Abonnema, Rivers State, do hereby announce the passing on to glory of our dearly beloved son, brother, husband, father, grand-father and great grand-father.

Pa Emmanuel Adagogo Jaja 1934 - 2015

BURIAL ARRANGEMENTS ARE AS FOLLOWS LAGOS

OPOBO TOWN

SERVICE OF SONGS FUNERAL/COMMENDATION

Monday December 14th, 2015 SERVICE

th To be conducted by Friday December 18 , 2015

All Saint’s Church, Montgomery Road, To be conducted at

Yaba, Lagos Saint Paul’s Church, Opobo Town

at his residence INTERMENT follows immediately at his

Hannah Lodge, 9 Calabar Street, residence River Court, Igbanipolo, Opobo Surulere, Lagos Town, Rivers State

MAY HIS GENTLE SOUL REST IN PEACE

Sodienye Alaiyi Jaja For The Family

Daily Times Nigeria Friday, December 18, 2015

GENTRY-ARK CLUB INTL This is to inform the General public that the above named Organization 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. Ugwu Kingsley Ik 2. Uzor Umahi Sunday 3. Aminah Victory O. 4. Ajah Godwin Daniel AIMS AND OBJECTIVES: 1. To promote the interests of members.

2. To assist and support members of the club in times of need.

3. To promote economic and social development of its 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: TRUSTEES

RHEMA OF FIRE MINISTRY This is to inform the General Public 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.

21 Public Notice

RAISING THE STANDARDS FOR NIGERIAN YOUTH.

GOOD HEALTH DEVELOPMENT INITIATIVE

The general public is hereby notified that the above named 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 has applied to the Corporate Affairs Commission for Registration under part ‘C’ of the Companies and Allied Matters Act, 1990.

TRUSTEES: 1. Oduah Nkem Linda, 3. Awachuo Henry Chidoziem,

THE TRUSTEES ARE: 1. Imonikhe Victor Imoukhome 2. Musa Hassan Musa 3. Osaigbovo Nomanenunumwen Irene 4, Adekoya Olalekan Alausa

2. Uzuegbu Chioma Golda, 4. Adebayo Adewale Adesegun

AIMS AND OBJECTIVES: 1.Channeled towards the development and empowerment of the young focusing on their foundation, present, and future.

2.To herald and drive the propagation of children’s rights 3.Advocate for the wrongs and ills of society, as it affects children, to be addressed.

4.To organise campaigns, workshops, powwows and seminars for the movement/achievement of the set goals.

Any objection to this registration should be forwarded to the Registrar-General, Corporate Affairs Commission, Plot 565 Ndola Square, Wuse Zone 5, Abuja, within 28 days of this publication.

SIGNED: SECRETARY

JOB ORIENTATION FOR YOUTH SOCIETY

AIMS & OBJECTIVES: 1. To enlighten community members on health and rights issues 2. To provide safe space for health development for the marginalized.

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 twenty-eight (28) days of this publication.

SIGNED: BARR. FEMI AUSTIN CHIGBU.

LAHARE KUNDE COMMUNITY ASSOCIATION

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, 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 Acts, 1990

NAMES OF TRUSTEES: 1. OKORO, Emmanuel Okechukwu 2. ODUFEJO, Emmanuel Olusegun

THE TRUSTEES ARE: 1. GABBY JOSEPH - PRESIDENT 2. FATIMAT YAKUMA – VICE PRESIDENT

AIMS & OBJECTIVES: 1. To help youth gain workplace skills and employment.

2. To enable youth develop sustainable enterprises.

AIMS AND OBJECTIVES: 1. To contribute to the development of the Society through our work.

2. To promote the interest of the Association and its members.

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

Any objection to the registrations of this organization should be forwarded to the Registrar-General, Corporate Affairs Commission, Plot 420, Tagris Crescent, off AguiyiIronsi, Maitama, Abuja within 28 days of publication.

SIGNED: TRUSTEES.

SIGNED: TRUSTEES.

SIGNED: TRUSTEES

BETHEL CHRISTIANS SOLUTION CHURCH OF GOD

GLORY STAR OF JEHOVAH INT’L CHURCH

HIS CALL OF DIVINE ELECT INT’L MINISTRY

THE TRUSTEES ARE: (1)PROPHETESS DADA MODUPE. (3) DADA OLUWASEYI CALEB.

(2) PASTOR DADA RUFUS OLADELE. (4) ADEDARA ADEFEMI RICHARD

AIMS AND OBJECTIVES: 1) TO PREACH THE GOSPEL OF OUR LORD JESUS CHRIST. 2) TO DELIVER THE OPPRESSED, HEAL THE SICK AND SET THE CAPTIVE FREE. 3) TO ORGANISZE SEMINARS, SYMPOSIA ANA FAITH CLINIC TO ENHANCE THE SPIRITUAL GROWTH OF THE MEMBERS. 4) TO ENGAGE EVANGELISTIC WORK IN NIGERIA AND ABROAD.

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 twenty-eight (28) days of this publication.

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

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

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

TRUSTEES 1. Pastor Godfrey Chinweikpe Agomoh Nwachukwu 2. Pastor Ikechi Ojimadu Iheanacho 3. Pastor Daniel Chukwukelue Abaghana 4. Mr. Ogbuagu Patrick Chidiebere 5. Pastor Ossy Favour Okoeguale

TRUSTEES 1. Baba Aladura (Doc) S. A. Oluranti James 2. General Apostle Mother (Mrs) T. O. James 3. Olufemi Okonofua 4. Honorable Rotimi Odanye 5. Prophet M. Bolu James 6. Snr. Mother – in – Israel C. A. Agbaje 7. Apostle James K. Samson 8. Mr. Olayinka Abimbola 9. Snr. Apst Ebenizer Shoyinka AIMS & OBJECTIVES 1. To propagate the Gospel of peace & deliverance of our lord Jesus Christ in all parts of Nigeria and around the world.

2. To serve as forerunner of the second coming of Jesus Christ by creating awareness of His coming 3. To establish schools of ministry for training of ministers of the church workers within and outside the country.

TRUSTEES 1. Rev. Timothy Eruhaetse boye – General Oversea 2. Pastor Sylvester Iriogbe 3. Deacon Kessington Abu Apaneshia 4. Sis Justina Eletse Boye 5. Bro Anthony Oyase Eboye

Any objection to the registrations of this organization should be forwarded to the RegistrarGeneral, Corporate Affairs Commission, Plot 420, Tagris Crescent, off AguiyiIronsi, Maitama, Abuja within 28 days of publication.

Any objection to the registrations of this organization should be forwarded to the Registrar-General, Corporate Affairs Commission, Plot 420, Tagris Crescent, off AguiyiIronsi, Maitama, Abuja within 28 days of publication.

Signed: Mr. Bayo Bukola ESQ. 90, Obafemi Awolowo Way, Ikeja, Lagos. Tel: 08026885305

SIGNED: SECRETARY.

AIMS & OBJECTIVE 1. To preach the gospel throughout the world and bring the lost soul to God. Any objection to the registrations of this organization should be forwarded to the Registrar-General, Corporate Affairs Commission, Plot 420, Tagris Crescent, off AguiyiIronsi, Maitama, Abuja within 28 days of publication.

Signed by: Pastor Godfrey Chinweikpe Agomoh Nwachukwu

THE DYNAMIC BUILDERS INITIATIVE This is to inform the General Public that the above named has applied to the Corporate Affairs Commission for Registration under part ‘C’ of the Companies and Allied Matters Act, 1990.

THE TRUSTEES ARE:1. Engr. Oladejo Anthony Adeola 3. Evang. Harry Kola Imokhuede 5. Dr. Egede Okechukwu Paul 7. Chief Alfred Galabah Obi 9. Mouhadou Adamu Halidou

2. Prince Akinyemi Ayoola Taiwo 4. Pastor Oparah Maduokalam 6. Mrs. Ajala Folashade Awulat 8. Survy. Williams Adakole Omadachi 10. Evang. Success Ebaji

THE AIMS AND OBJECTIVES ARE:1. TO PROMOTE UNITY AMONG MEMBERS 2. TO PROPAGATE PROFESSIONAL ETHICS AMONG MEMBERS. 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:- LAWAL TAOFEEK BABATUNDE 08131313000

SANGO INDIGENE FOUNDATION SANGO OGUN STATE. The general public is hereby notified that the above named has applied to the corporate Affairs commission Abuja for registration under the part “C” of the companies and allied matters act 1990.

NAME OF THE TRUSTEES 1. BOROKINNI MUFUTAU ( CHAIRMAN 2. OWONIKOKO FATAI GBOLAHAN V . CHAIRMAN 3. MAJEKODUNMI HAKEEM ADEDO SECRETARY 4. POPOOLA ADELEKE ISAKA ( TREASURER) 5. BABATUNDE OLADIMEJI TAIWO (FINANCIAL SECRETARY) 6. BABATUNDE MONSURU KEHINDE ( P R O) 7. OYEGUNLE KOLAWOLE E ( ASST- SEC) 8. OBAJANA JIMOH TUNDE AIMS AND OBJECTIVE To promote peace and unity among the indegene of Sango.

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 twenty-eight (28) days of this publication.

SIGNED: SECRETARY

MCWELLAND HEALTH AND WELLNESS INITIATIVE OF NIGERIA The general public is hereby informed that the above named non government organization has applied to the Corporate Affairs Commission (CAC) under Part C of the Companies and Allied Matters Act 2004.

The NAMES OF THE TRUSTEES ARE:(1) Dr. Agboola Adigun (2) Alhaja Bintu Adigun (3) Mrs. Odunola Shekoni (4) Barr. Olubukonla Sanni THE AIMS AND OBJECTIVES ARE:(1)To cater for the wellness of people both old and young.

(2)To cater for the disabled, elderly, chronically ill etc.

(3) To prevent diseases and disabilities through screening programmes and early treatment.

(4)To champion community based rehabilitation through partnerships (5) To promote health and wellness in homes, healthcare facilities and workplaces.

(6)To advocate for people with disability.

Any objection to the registration should be forwarded to the Registrar General Corporate Affairs Commission, Plot 420 Tigris Cresent, Maitama, Abuja within 28 days of this publication.

AIMS AND OBJECTIVES 1. To preach the word of God 2. To preach out to the needy 3. To evangelise the word 4. To expand the church through branch network

SWAY DEVELOPMENT INITIATIVE No.3 Elder Shounde Estate, Oriyanri, Agbe Loba, Quary, Abeokuta- Ogun State

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

THE TRUSTEES ARE:1. DR. ODUNAIKE ISREAL OLAOLUWA 2. AKINGBADE RAPHEAL ANUOLUWAPO THE AIMS AND OBJECTIVES ARE:1. To undertake programs that will impact peoples lives positively especially youth & vulnerable children.

2. To carry out programs & projects that will bring development to communities and The Nation at large 3. To champion community based rehabilitation through partnerships.

Any objection to this registration should be forwarded to the Registrar General Corporate Affairs Commission, plot 420, Tigris Crescent, off Aguiyi Ironsi street, p.m.b 198, maitama, Abuja within 28 days from the date of this publication.

Signed by:- ‘BUKONL A SANNI 07065616219

Signed by:- SECRETARY

THE WILL & HIS GRACE CHERUBIM & SERAPHIM CHURCH WORLDWIDE

ELSWIRTH HEART FOUNDATION

The general public is hereby notified that the above named 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 has applied to the Corporate Affairs Commission for Registration under part ‘C’ of the Companies and Allied Matters Act, 1990.

BOARD OF TRUSTEES 1. PROPHET NATHANIEL OLUWOLE HASSAN - GENERAL SUPERINTENDENT 2. EVANGELIST FRANCIS OLUSEGUN -EVANGELIST- IN - CHARGE 3. APOSTLE ALBERT OLORUNFEMI - SECRETARY 4. ALADURA PETER NATHANIEL- LEADER - IN CHARGE 5. ALADURA PAUL NATHANIEL-LEADER-IN-CHARGE 6.ELDER MICHAEL ODETOLA-MEMBER 7.ELDER OLUWANIMODIMU JULIUS SUNDAY-MEMBER.

NAMES OF THE TRUSTEES 1)Amaeze B. O. Viera 2) Lanre Olusola 3) Dr Deji Osasona.

AIMS AND OBJECTIVES: 1.TO PREACH THE GOSPEL OF JESUS CHRIST FOR THE REDEMPTION,DELIVERANCE ,SALVATION AND HEALING OF PEOPLE. 2.TO TEACH UNDILUTED WORD OF GOD FOR WINNING SOULS FOR CHRIST AND TO LIBERATE LIVES FROM SATANIC CAPTIVITIES AND BONDAGE.

AIMS & OBJECTS a.To take care of the specially sick people such as autistic children,albinos,cancer patients b. To take care of children c. To assist the poor and needy d. Help and provide sports activities for the aged

Any objection to this registration should be forwarded to the registrar general corporate affairs commission plot 420 tigris crescent of aguiyiironsi street maitama Abuja within 28 days from the date of this publication

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 twenty-eight (28) days of this publication.

APOSTLE ALBERT OLURUNFEMI:SECRETARY

SIGNED: UCHENNA B. MONEKE,08033723121

News 22

Daily Times Nigeria Friday, December 18, 2015

CLUB 20 FRIENDS 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 ARE: 1. MR. AUGUSTINE IHIEGBUNAM CHINEDU. 2. OKAFOR CHIBUIKE FERDINARD. 3. NJIDEOFOR CHIDOZIE. 4. OBUMNEME CHIBUIKE. 5. CHIBUOKE EVEREST NWANNEBE. AIMS AND OBJECTIVES TO PROMOTE PEACE, UNITY AND LOVE AMONG MEMBERS. ANY OBJECTION TO THIS REGISTRATION SHOULD BE FORWARDED TO THE REGISTRAR-GENERAL. CORPORATE AFFAIRS COMMISSION, 420, TIGRIS CRESCENT, OFF AGUIYI IRONSI STREET. PMB 198, MAITAMA, ABUJA WITHIN 28TH DAYS FROM THE DATE OF PUBLICATION

NEW WORD LIFE CENTRE CHURCH 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) PASTOR CHRISTOPHER OPARA (3) PASTOR VIOLET OPARA (5) SISTER MARY OMOREGIE (7) PASTOR CLEMENT KONYEFA (9) EVANG. ROBINSON ONUOAH MBA

(2) (4) (6) (8) (10)

EVANG. AUGUSTINA .E. EFFIOM EVANG. OBINNA ABOAJA BRO. MIKE ETINAGBEDIA EVANG. BASSEY UDOH EVANG. CHINEDU OPARA

AIMS AND OBJECTIVES 1. TO PREACH THE GOSPEL OF CHRIST ALL OVER THE WORLD. 2. TO TAKE CARE OF THE WELFARE OF ITS MEMBERS. 3. TO ESTABLISH LOCAL BRANCHES FOR THE PROPAGATION OF THE GOSPEL WORLDWIDE. ANY OBJECTION TO THIS REGISTRATION SHOULD BE FORWARDED TO THE REGISTRAR-GENERAL. CORPORATE AFFAIRS COMMISSION, 420, TIGRIS CRESCENT, OFF AGUIYI IRONSI STREET. PMB 198, MAITAMA, ABUJA WITHIN 28TH DAYS FROM THE DATE OF PUBLICATION

ASSOCIATION OF SHINNING LIGHT AGE-GROUP OF AKUKU COMMUNITY THIS IS TO INFORM THE GENERAL PUBLIC THAT THE ABOVE NAMED HAS APPLIED FOR REGISTRATION TO CORPORATE AFFAIRS OMMISSION UNDER PART C OF THE COMPANIES AND ALLIED MATTERS ACT NO. 1 OF 1990 TRUSTEES: 1.

3.

5.

7.

9.

MR. BAYO PATRICK MR. MARTINS ALEX MR. MERPHERSON JOHN MR. MAYAKI GABRIEL MR. JAMES ATTAH EMMANUEL

2.

4.

6.

8.

10.

MRS BAYO PATRICK MR. AJIBOLA DANIEL MR. AKAO MICHAEL MR. JOSEPH ALI MR. AKINLADE EKPEROBE ;

AIMS AND OBJECTIVES\ TO HELP MEMBERS TO MEET THEIR FINANCIAL NEEDS. ANY OBJECTION TO THIS REGISTRATION SHOULD BE FORWARDED TO THE REGISTRAR-GENERAL. CORPORATE AFFAIRS COMMISSION, 420, TIGRIS CRESCENT, OFF AGUIYI IRONSI STREET. PMB 198, MAITAMA, ABUJA WITHIN 28TH DAYS FROM THE DATE OF PUBLICATION SIGNED: SECRETARY

SIGNED: SECRETARY

SIGNED: SECRETARY

NEMA’S EMERGENCY MANAGERS FORUM

INTERCONTINENTAL PLAZA TENANTS ASSOCIATION ABUJA

UMUNNE OLAEDO SOCIAL ASSOCIATION.

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

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. OKEKE NICKY JONAS 2. IKPO SUNDAY EZE 3. EMEKA BERNARD 4. OKECHUKWU UGBEH 5. EJIKE OKOYE

TRUSTEES 1.MRS NWAKAKU ENUMA ALAKA. 2.MRS ONYENMA EBERE KALU. 3.MRS JOY NWOKEFORO. 4. MRS IFEYINWA OKEKE. 5. MRS NGOZI EMENIKE

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. ALHAJI MUHAMMAD SANI-SIDI (DG NEMA) -CHAIRMAN 2. ALHAJI SHUA’IBU MAKARFI -VICE CHAIRMAN 3. MR. MAHMUD ALHAJI GARBA -SECRETARY 4. AIR VICE MARSHALL MUHAMMAD AUDU BIDA(RTD)-TRUSTEE 5. MRS OLUREMI OLOWU -TRUSTEE 6. MUSA IDI (SEMA, YOBE) -TRUSTEE 7. MR. JOE OFFOR (SEMA, ENUGU) -TRUSTEE AIMS AND OBJECTIVES 1. TO UNITE ALL STATE EMERGENCY MANAGEMENT AGENCIES (SEMAs) IN PROMOTION AND EXECUTION OF EMERGENCY MANAGEMENT PROGRAMMES AND ACTIVITIES IN THE COUNTRY. 2. TO PROMOTE THE PROFESSION OF EMERGENCY MANAGEMENT BY WORKING WITH ITS MEMBERSHIP TO ATTAIN THE GOALS OF SAVING LIVES AND PROTECTING PROPERTIES DURING EMERGENCIES AND DISASTERS. ANY OBJECTION TO THIS REGISTRATION SHOULD BE FORWARDED TO THE REGISTRAR-GENERAL. CORPORATE AFFAIRS COMMISSION, 420, TIGRIS CRESCENT, OFF AGUIYI IRONSI STREET. PMB 198, MAITAMA, ABUJA WITHIN 28TH DAYS FROM THE DATE OF PUBLICATION SIGNED: SECRETARY

IBOM GOLDEN LADIES ASSOCIATION 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. MRS JOSEPHINE PHILIP ODUNJIDE 3. MRS NTIENSE USOROH AKPABIO 5. MRS IQUOMMA OKON EFFIONG 7. MRS. MARIA ANTHONY ITA 9. PRINCESS DIANA AKINMOYO

2. LADY JANE ALPHONSUS INYANG 4. MS JANET JOHNSON 6. DNS IDORENYIN BLESSED IHEANACHO 8. MRS NKAISO JOHN AKPAN 10. FAVOUR EMEDIONG JOHNSON

AIMS AND OBJECTIVES 1. To train and orient women to adopt the right values in life 2. To engage in measures that will promote the welfare of women in our country.

3. To work assiduously towards the enthronement of women in leadership positions in Nigeria ANY OBJECTION TO THIS REGISTRATION SHOULD BE FORWARDED TO THE REGISTRARGENERAL. CORPORATE AFFAIRS COMMISSION, 420, TIGRIS CRESCENT, OFF AGUIYI IRONSI STREET. PMB 198, MAITAMA, ABUJA WITHIN 28TH DAYS FROM THE DATE OF PUBLICATION

-CHAIRMAN -SECRETARY

AIMS AND OBJECTIVES TO TAKE CARE OF WELFARE OF MEMBERS. ANY OBJECTION TO THIS REGISTRATION SHOULD BE FORWARDED TO THE REGISTRAR-GENERAL. CORPORATE AFFAIRS COMMISSION, 420, TIGRIS CRESCENT, OFF AGUIYI IRONSI STREET. PMB 198, MAITAMA, ABUJA WITHIN 28TH DAYS FROM THE DATE OF PUBLICATION SIGNED: BARR VITALIS ERUO 08033218279

AIMS AND OBJECTIVES TO ASSIST, PROMOTE AND PROTECT THE WELFARE AND INTEREST OF MEMBERS ANY OBJECTION TO THIS REGISTRATION SHOULD BE FORWARDED TO THE REGISTRAR-GENERAL. CORPORATE AFFAIRS COMMISSION, 420, TIGRIS CRESCENT, OFF AGUIYI IRONSI STREET. PMB 198, MAITAMA, ABUJA WITHIN 28TH DAYS FROM THE DATE OF PUBLICATION SIGNED: SECRETARY

KINGDOM LIFE GOSPEL OUTREACH MINISTRIES INTERNATIONAL INC.

BLOODLINE OF CHRIST ASSEMBLY

AMENDMENT OF CONSTITUTION

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

This is to inform the general public that the above named organization has applied to the Corporate Affairs Commission, Abuja for the amendment of its constitution under part C of the Companies and Allied Matters Act, (Cap c. 20) LFN, 2004. The following are the Articles being amended.

Articles 2,4,5 –Ss. 18, 19, 22,23, Article 6 – S.2D (iii), Article 7-Ss. 1,3, Article 8,9,10, Article 12 – Ss. 1 (a), 2(a), (c), 3(a), 5(b), 8(a), 9(a), Article 13, Article 14 – S. 1, Article 15, Article 16-S, 1(a) (b), Article 18-Ss. 1, 2,3,4,6 (c), Article 19 – Ss. 1 (1), (2), (4), Article 20, 22 introduce Article 23

TRUSTEES: 1. REV. SYLVERNUS CHIKE AGBUGBA 2. PASTOR CHINYERE AGBUGBA 3. EKEMEZIE IFEYINWA HELEN 4. REV DR. MICHAEL GODSLOVE AJUONUMA

The amended constitution be filed with the commission to reflect the changes.

AIMS AND OBJECTIVES 1. TO PREACH THE GOSPEL OF OUR LORD JESUS CHRIST TO THE WORLD. 2. TO PREACH AND TEACH THE GOSPEL OF OUR LORD JESUS CHRIST ACCORDING TO HOLY SCRIPTURES THROUGH OPEN AIR CRUSADES, INDOOR REVIVAL SERVICES, CONFERENCE SEMINARS, SOCIAL AND MASS MEDIA AND PULPIT.

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

SIGNED: SECRETARY

Signed: Michael Edet & Co Solicitor 08037881131

SIGNED: CHIDI EZUGWU ESQ SOLICITOR

WINDING UP

WINDING UP

81 DIVISION GREEN BERET FOOTBALL CLUB.

FEDERAL REPUBLIC OF NIGERIA COMPANIES AND ALLIED MATTERS ACT 1990 INTEROIL SERVICES LTD (RC 162,719)

FEDERAL REPUBLIC OF NIGERIA COMPANIES AND ALLIED MATTERS ACT 1990 INTEROIL SERVICES LTD (RC 162,719)

SPECIAL RESOLUTION

At the extraordinary general meeting of the above named company held on the 17th day of February , 2015 at Enterprise House, road South, Federal Ocean Terminal, oil & Gas free zone, onne, Rivers State, the following resolutions were duly passed.

VOLUNTARY WINDING UP BY MEMBERS 1. RESOLUTION TO WIND UP That INTEROIL SERVICES LTD be and is hereby voluntarily wound up.

2. APPOINTMENT OF LIQUIDATOR That BARR O.O. NWANKWO of NNAM ONYEIKPE CHAMBERS, of 69 Ebitu, Ukiwe street, off Chida Hotel Jabi District, Abuja FCT be and is hereby appointed as Liquidator for INTEROIL SERVICES LTD for the purpose of winding up the affairs of the company.

Dated this 17rd day of February,2015 SIGNED: MR ANDREA CAROLLO Director

SIGNED: MR. SIMONE VOLPI Director

NOTICE OF APPOINTMENT OF A LIQUIDATOR Pursuit to section 491 (1) of the companies and Allied Matters Act, 1990, the general public is hereby notified of the appointment of BARR O.O. NWANKWO of NNAM ONYEIKPE CHAMBERS, of 69 Ebitu, Ukiwe street, off Chida Hotel Jabi District, Abuja FCT as the Liquidator for INTEROIL SERVICES LTD whose registered office Enterprise House, road South, Federal Ocean Terminal, oil & Gas free zone, onne, Rivers State by a special resolution of the company and dated 17th February 2015.

All debtors of the company are directed to deliver their payment cheques issued in favour of the company (in liquidation) directly to the liquidator at his office stated hereunder.

All depositors, cash and other similar items currently held by banks and other financial institutions should be held until the liquidator issued further instructions, all holders of such deposits and currents etc – should connect the liquidator, stating the balance and where secured facilities were granted the type of security attached should be disclosed.

SIGNED: BARR O.O. NWANKWO Liquidator: 08036460522

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

TRUSTEES:

1. MAJOR GENERAL ISIBOR HENRY EDET. - CHAIRMAN. 2. BRIGADIER GENERAL AKINBOBOLA ALEXANDRA OJAJUNE. 3. COLONEL ADEBISI OLUWASESAN IDOWU KALEJAIYE. 4. COLONEL TAMARAUBRAKAEMI SAMSON NURSEMAN. - SECRETARY

AIM AND OBJECTIVE 1. To foster peace and unity among members.

Any objection to this registration should be forwarded to the RegistrarGeneral, Corporate Affairs Commission, 420, Tigris Crescent, Off AguyiIronsi Street, P.M.B. 198, Matiama, Abuja within 28 days from the date of publication.

Signed: Barr. GRACE INIKPI EDOGBO.

JOSEPH ADEDAYO FOUNDATION

LUNCH FOR KNOWLEDGE INITIATIVE

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

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

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

TRUSTEES. (1)Rev DrPaul.O.Enejoh (2)Pstmrs Margaret Enejoh (3) PstEnemakwu .S. Enejoh (4) Pst Paul O Enejoh Junior (5) PstAugustina U Omagwu (6) Pst Tabitha .O. Enejoh (7) Pst Naomi O Enejoh.

TRUSTEES (1) AkomolafeAdedayo Joseph. -president (2) AkomolafeOlatunde Samuel (3) FalowoOluwatosinDorcas (4) Salami Abimbola Janet (5) Kolade Jerry.

TRUSTEES 1 Dr. Kehind A. Adesina. - CE0. / Chairperson 2. Dr ( Mrs ) BolarinwaAdesina. - president 3. Dr. FolasadeOladiran 4. Mr. Ademide A. Adesina 5. MsTaiwoAdesina 6. MskehindeAdesina 7. Mr. Akinsola. Adesina 8. Mr. FemiFolutile

OMO OJO GOSPEL AND PRAYERS ASSEMBLY.

AIM AND OBJECTIVE 1 To preach the gospel of the lord Jesus christ ANY OBJECTION TO THIS REGISTRATION SHOULD BE FORWARDED TO THE REGISTRAR GENERAL, CORPORATE AFFAIRS COMMISSION, PLOT 420 TIGRIS CRESCENT, OFF AGUIYI IRONSI STREET, MAITAMA, P.M.B 198, GARKI ABUJA WITHIN 28 DAYS OF THIS PUBLICATION. SIGNED.: SECRETARY

AIM AND OBJECTIVE 1.To cater for the less privileged in the society.

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

AIM AND OBJECTIVE 1 To fostering education via nutrition, counseling and total well - being of its subject.

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

Daily Times Nigeria Friday, December 18, 2015

23 News

Senate summons Law School DG over high fee, levies

Olufemi Samuel, Abuja

ÏÏÏThe Senate has sum-

moned the Director-General of the Nigerian Law School to face its Committees on Judiciary and Tertiary Education and explain reasons for exorbitant charges of school fees and levies by the school.

It took the decision after adopting a motion proposed by Senator Shehu Sani on excessive tuition

Benjamin Omoike

ÏÏÏGovernor

Akinwunmi Ambode of Lagos State, on Thursday, presented what he tagged “The Peoples Budget” at the state’s House of Assembly. In his presentation, a total of N662.588bn was proposed for the year 2016. The budget is N172.898bn bigger

fees charged by the institution.

The Senate expressed worries that the school was becoming increasingly unaffordable to students whom, it noted, were being forced to pay up to N315, 000 for central registration apart side other levies and compulsory laptop computer per student.

While presenting the motion, Sani lamented that the tuition fee

charged by the school was excessively high besides the cost of living for the period of studies, which each students must grapple with.

He said that the high school fees caused a 30-year-old student to commit suicide in 2014, because his parents could not afford the fee.

He said if the astronomical increase in the tuition fee in the school

was left unattended to, Nigerian children in the future may not be able to afford legal education in the country.

He said the authorities of the Nigerian Law School should have been mindful that the school was funded by tax-payers’ money through the Federal Government and should have exercised restraint in charging the students exorbitantly.

He noted that the situation had been bad such that the Nigerian Law School continuously charge outrageous tuition fee annually, without considering the impact on parents and guardians most of whom according to him, were down trodden.

The Senate urged the federal government to increase funding to the Nigerian Law School as part of measures to curb exor-

Ambode proposes N662b for 2016

than the 2015 budget and represents an improvement of 26% over the budgets of 2014 and 2015.

With capital expenditure proposed at N383.678bn as against N278.909bn for recurrent expenditure, this gives a ratio of capital to

recurrent of 58:42 in 2014 as against 51:49 in 2015.

He said the 2016 budget which was the first full budget of the present administration would promote massive investment in security, transport and traffic management, physi-

ADEBAYO ATINUKE GRACE

MRS OJEDELE MODUPE BEATRICE

AKINBOBOLA OLAROTIMI DAYO

I, formerly known and addressed as BANKOLE ATINUKE FUNMILAYO now wish to be known and addressed as ADEBAYO ATINUKE GRACE. All former documents remain valid. General public take note.

I, formerly known and addressed as MISS AWOSOLA MODUPE BEATRICE now wish to be known and addressed as MRS OJEDELE MODUPE BEATRICE . All former documents remain valid. General public take note.

I, formerly known and addressed as AKINOLA FRANCO now wish to be known and addressed as AKINBOBOLA OLAROTIMI DAYO. All former documents remain valid. General public take note.

cal and social infrastructural development and enhance job creation.

Ambode pledged that his administration would not only implement the budget faithfully, but also ensure that it worked in the best interest of Lagosians. “The increase will enable our government to focus on the present challenges of security, traffic gridlock resolution – including physical and social infrastructural development, which has thrown up new challenges

that are quite different from what we used to experience”, he said.

He said the intention of his government was to use the 2016 budget to strategically build new infrastructure, as well as maintain existing ones, adding that wealth and employment creation will also receive adequate attention in the course of the year.

Ambode also put the total revenue estimate for 2016 fiscal year at N542.873 billion saying the balance of

bitant charges of fees on students.

The Senate President, Dr. Bukola Saraki, however stressed a need for quality education in Nigeria, which, he noted, might not be achieved in the event that high fees were charged on students by school authorities.

He canvassed for institution of scholarship schemes to assist genuinely indigent students.

N119.714 billion would be funded through deficit financing constituting 0.41 percent of the state gross domestic product (GDP) based on 2016 budget alone and a cumulative debt to GDP ratio of about 3 percent.

On the size of the budget, the he earmarked N120, 508,571,598 for General Public Services representing 18.19 percent, N28, 559,021,841 to Public Order and Safety, representing 4.31 percent, while Economic Affairs received a lion share of N211, 043,408,183 representing 31.85 percent.

CHANGE OF NAME

CHANGE OF NAME

CHANGE OF NAME

YASMIN WANKA - ABBA

MRS ODUNTAN TOLULOPE TOYIN

JOFOBA OLATUNDE SUNDAY

ADEBAYO ADETORO OMOOBA, as the mother of OYINDAMOLA VICTOR ADEBAYO, born on 22/06/2002, formerly known as OKUYEMI OLAYEMI OYINDAMOLA VICTOR,, now wish to be known and address as OYINDAMOLA VICTOR ADEBAYO. All former document remains valid.

The general public should please take note

ADEBAYO ADETORO OMOOBA,as the mother of OYINKANSOLA VICTORIA ADEBAYO, born on 31/10/2004, formerly known as OKUYEMI OLAYEMI OYINkANSOLA VICTORIA, now wish to be known and address as OYINKANSOLA VICTORIA ADEBAYO. All former document remains valid. The general public should please take note.

ADEBAYO ADETORO OMOOBA, formerly known as OKUYEMI FAGBOHUNLU ADETORO DEBRAH, now wish to be known and address as ADEBAYO ADETORO OMOOBA. All former document remains valid. The general public should please take note.

I, formerly known and addressed as MRS YASMIN AMINU WANKA now wish to be known and addressed as MRS YASMIN WANKA - ABBA. All former documents remain valid. General public take note.

I, formerly known and addressed as MISS AKINYEMI TOLULOPE TOYIN now wish to be known and addressed as MRS ODUNTAN TOLULOPE TOYIN. All former documents remain valid. General public take note.

I, formerly known and addressed as JOFOBA BABATUNDE SUNDAY now wish to be known and addressed as JOFOBA OLATUNDE SUNDAY. All former documents remain valid.

General public take note.

WINDING UP

WINDING UP

18th

18th

WINDING UP

WINDING UP

18th

FATOYE OLAIDE LATIFAT

CHANGE OF NAME

I, formerly known and addressed as MISS ABUDU OLAIDE LATIFAT now wish to be known and addressed as MRS FATOYE OLAIDE LATIFAT. All former documents remain valid. General public take note.

Formerly known and Address as MEJERIWOTAI FEJIRO ISRAEL. Now wish to be known and address as MEJE FEJIRO ISRAEL. All former document remains valid. The general public should please take note.

OLADUNNI KUDIRAT OMOLAYO

CHANGE OF NAME

I, formerly known and addressed as AJAO KUDIRAT OMOLAYO. now wish to be known and addressed as OLADUNNI KUDIRAT OMOLAYO. All former documents remain valid.

General public take note.

I FORMERLY KNOWN AS DAVID MONDAY OLIVER NOW WISH TO BE ADDRESSED AS ZANGOUNSI OLIVER ALL FORMER DOCUMENT REMAIN VALID GENERAL PUBLIC TAKES NOTE

GBADAMOSI IDAYAT OMOLAYO

FASESAN SHOLA OPEYEMI

I, formerly known and addressed as DAVIES OMOLAYO BOLANLE now wish to be known and addressed as GBADAMOSI IDAYAT OMOLAYO . All former documents remain valid. General public take note.

I, formerly known and addressed as ESAN SHOLA OPEYEMI now wish to be known and addressed as FASESAN SHOLA OPEYEMI. All former documents remain valid. General public take note.

18th

ADEMOLA OLUWASOLAPE ALABA

ADEMOLA ADEYINKA OLAMIDE

I, formerly known and addressed as OLAIYA OLUWASOLAPE ALABA, now wish to be known and addressed as ADEMOLA OLUWASOLAPE ALABA. All former documents remain valid.

GTB & Access Bank, Public/ P r ivat e / F i n a n c i a l / A c a d e m i c Institutions and general public should take note.

I, formerly known and addressed as OGUNLEYE ADEYINKA OLAMIDE, now wish to be known and addressed as ADEMOLA ADEYINKA OLAMIDE. All former documents remain valid.

Public/Private/Financial/ Academic Institutions and general public should take note.

News 24

Daily Times Nigeria Friday, December 18, 2015

Nigeria paid N4tr as subsidy to oil marketers in 6 yrs — NEITI Ï ƅƊ ƍƋ to remove fuel subsidy Olufemi Samuel, Abuja

ÏÏÏThe Nigeria Extractive In-

dustry Transparency Initiative (NEITI) has said that its independent report on fuel subsidy payments revealed that the Federal Government paid over N4 trillion as subsidy to marketers from 2006-2012.

According to the Acting Executive Secretary of NEITI, Dr. Orji Ogbonnaya Orji, the breakdown of the subsidy payment shows that N2.197 billion was paid as subsidy in 2006, adding that the figure rose to N236.64 billion in 2007 and N360.1 billion in 2008.

He said in 2009, the country paid N198.1 billion as subsidy for petroleum products and in 2010 the subsidy payment rose to N416.45 billion. The payments skyrocketed to N1.9 trillion in 2011.

He also said that the payments of oil subsidy declined to N690 billion in 2012 following the subsidy protests across the country in January of that year”.

Orji argued that Nigeria’s current challenges with the crash in the global oil price makes it more difficult to sustain the

R-L: Ebonyi State Governor, Dave Umahi; President, Nigerian Society of Engineers, Engr. Ademola Olprunfemi; Founder, Omatek Computers, Engr. Florence Seriki and CEO of Saap. Tech Group, Chima Onyekwere, during the conferment of NSE fellowship on Umahi and Seriki in Abuja… on Wednesday.

subsidy arrangements which appears to fund the lifestyle of the rich, while majority of the citizens wallow in poverty.

He however expressed support for the perceived policy shift by the Federal Government towards removal of fuel subsidy, adding that it is a welcome development and a step in the right direction.

He said that the proposal to remove fuel subsidy was consistent with the recommendations contained in NEITI’s independent audit reports conducted in the last six years, adding that the policy has served as a tool by the rich to exploit the poor.

He said this during his address at a Policy Roundtable on Subsidy Removal Debate organised by the Shehu Musa Yar’Adua Centre in Abuja.

He expressed the view that removal of the subsidy will free over N700 billion annually which can be channeled to provision of infrastructure like roads, education, health service, power, security, creation of jobs and basic benefits for the poor in the society.

He recalled that oil subsidy was a financial assistance by the Federal Government to Nigerians to enable them buy refined

products much lower than the prevailing market price. It was also conceived as a temporary measure to provide relief and ensure products availability.

The Acting Executive Secretary of NEITI regretted that the management of the oil subsidy over the years has been trailed by allegations of fraud, corruption and arm-twisting.

According to Orji, NEITI aligns with the move by the government to remove subsidy and free Nigerians from this bondage once and for all, describing the decision if allowed to stay as a courageous one.

Yuletide: Pankshin LG chair intensifies security Kingsley Chukwuka, Jos

ÏÏÏChairman,

Pankshin Local Government Area of Plateau State, Comrade Stephen Jings, has expressed his resolve to protect his subjects from unsuspecting attacks at the Yuletide period approaches.

He said he would leave nothing to chance in securing his areas of responsibility during the period. He was speaking against the backdrop of incessant killings of people of the community by suspected herdsmen.

Comrade Jings said in a bid to achieve that, the Council has set up joint security task force to check activities of miscreants who could want to take advantage of Yuletide celebration to terrorise people.

The council chairman also our correspondent that the current leadership has intensified efforts to ensure that the current peace being enjoyed in the area is sustained.

He equally appealed to the people of the area to cooperate and report any strange movement to security agencies whom he said would be on constant patrol within the nooks and crannies of the locality during and after the yuletide period.

His words, “The council’s Leadership is deeply worried with some pockets of criminal activities being perpetuated in the locality by Men of the underworlds, and appeal to the perpetrators to desist, as the wrath of the law will soon catch up with them.

“The message I would want to pass on to my people is that, they

should spend this Christmas with sober reflection, because things are not well the way they should be in this country, they should maintain the peace, cooperate with government and ensure that the lessons derivable form Christmas period are maintained.

“The greatest challenge during Christmas is security, most especially these small-small thievery, and we have started witnessing it, that’s why we here in Pankshin have decided to set up a joint security task force comprising of the Army, Police, Civil Defense, Operation Rain Bow and the Para-military to ensure surveillance before, during and after the season to ensure that we celebrate the season in tranquility”.

He added that on assumption to office, he identified water

NUJ honours Delta Speaker, Igbuya ÏÏÏ Delta State House of

Assembly Speaker, Rt. Hon Monday Igbuya, on Monday, pledged that he would work towards a robust Nigeria Union of Journalists in the years ahead by giving all the support, encouragement and cooperation in the realisation of the union’s set goals.

“I am aware that the practice of journalism has become more expensive due to new technologies and the advent of social media, which has made information to move at a frightening speed” Igbuya posited.

In his acceptance speech for the Award of Excellence in Legislative Competence and Exceptional Leadership, Igbuya applauded the practice of journalism in the country, especially the high level of professionalism and commitment of journalists to the process of nation building.

Okorocha directs payment of salary arrears to health workers Val Okara Owerri

ÏÏÏGovernor Rochas Okorocha

of Imo State has directed that all the health workers in the state be paid their 10 months arrears of salary owed them by the state government.

He stated that the state government had delayed the payment of the health workers’ salaries in order to resolve the issues associated with allowances and gross case of unseriousness on the part of workers.

Governor Okorocha, who gave the directive at the end-of-year party organised for Government House workers, also directed that all the workers in the state be paid their salaries up to December, stressing that his administration has always attached much importance to the salaries of workers in the state.

Ojokoro LCDA tackles poverty, unemployment

Lalong, Governor Plateau State

supply as one of the basic needs of the people and worked hard to restore water supply to Pankshin town, stressing his administration was bent on making Pankshin a better place to live.

He, however, expressed concern over inadequate funds that is being accrued to the council.

ÏÏÏThe

Executive Secretary of Ojokoro Local Council Development Area, Hon. (Mrs.) Faust Olajoku, has demonstrated how small entrepreneurship can genuinely tackle the problem of poverty and unemployment, just as she warned that grassroots empowerment schemes can only be beneficial to the people if adequately utilised.

Daily Times Nigeria Friday, December 18, 2015

25 Opinion

A country divided against itself (2)

Continued From Last Week ÏÏÏ The ethnic character of the political affects the character of the nationstate, since in the ethnicized political it is the outcome of the political game that determines what the people want, can have, and cannot have. When ethnic nations latch on the wrong side of the political they lose what they want and can have. Put this way, electoral success determines what an ethnic nation want and can have in an ethnicized democracy, compromised by politics of ethnicity and identity and lacking the power of mediation. This is how it works: an ethnic nation that does not take part in the fetching of fire woods, stoking of the fireplace, cooking, cannot sit at the dinner table when “food is ready”. Here, the majority ethnic group, the winner of the political game, totalizes power by imposing its own modernity- even if it is only the modernity of political domination and marginalization. This modernity only serves as shorthand for the resurgence of ethnic nationalism, even at the subnational level, shorthand for the blood in the streets and shorthand for understanding the dissident young who, to borrow

from Isaiah Berlin, “take rational forms, at other times violently irrational ones...to defy the ruling powers, to insult them into awareness”!

There is also a dangerous dimension that this modernity creates at the sub-national level. Take Kogi state for instance.

The fight between Faleke and Bello provides insights into this dimension. When politically manipulated smaller particularistic groups enter the contest for power they create a new victim agency that aligns with their own notion of victimhood. Here, the political is ethnicized and manipulated in a manner that makes mediation impossible. To play the political game, a small particularistic group establishes clientele relationship with a big ethnic group to keep the other small, competing particularistic group out of power. This clientelization of interests further deepens the condition that creates the “political other” and fosters hostilities that heighten uncivil nationalism. How else can one explain the internecine struggle between Faleke (Okun) and Bello (Ebira)?

I return to the question, why is ethnic nationalism

Nnamdi Kanu

on the rise?

First, the ethnicity of our politics, or the way the political is ethnically framed, compels the enthronement of identity politics and political participation that promotes narrow parochial interests, dissolves organic political unity, coalition and alliance and recognizes antagonism and division. When politicians enter the political fray with narrow parochial agenda, they transform the tension that resides in democracy into antagonism. Faced with this challenge, democracy is caught between the Scylla of tension and the Charybdis of antagonism.

It no longer acts in the name of the people. It does not cohere with what we know as “ the government of the people, by the

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people, for the people”.

Here, democracy is dedemocratized. But, it is participation that makes democracy possible. A dedemocratized democracy that does not admit of the “political other” when a dominant group rides the horse of power forces other smaller particularistic groups that lose out in the political to seek opportunities outside the existing political and constitutional framework.

Second, where the modern state has not taken root, or has collapsed, as John Gray brilliantly argues in “ False DawnThe Delusions of Global Capitalism”, the essential precondition of peace and economic progress is always lacking. The Nigerian state, far from being modern, lacks the capacity to preserve

itself against Hobbesian anarchy.

Who would blame citizens who seek flight from such a country?

I won’t. It is in this light I call for the release of Nnamdi Kanu, the detained leader of the Indigenous Peoples of Biafra (IPOB).

The idea of a homeland, wrenched out of the “ruins” of our country, may appeal to the dissident young, but what the dissident young cannot be denied are the freedoms to dream, envision what is possible and what is not possible, push out their contrarian views.

The brutalizing poverty, brutalizing insecurity and the brutalizing economic conditions citizens face are enough for them to dream the utopian, free from poverty, free from

injustice, free from man’s inhumanity to man.

A country divided against itself cannot stand. It falls.

Ours is a country divided by ethnicity, by bigotry, by hunger, by poverty, by domination, and by violence. Our country hasn’t fallen. Not yet.

Our country isn’t too big to fall. The cracks are widening, exposing the ugly images of ourselves at work. They are not hairline cracks. They are fault lines, the fissures of our neuroses, fractures that threaten our existence.

Dear reader, hold this mirror up to our country and take a look at the ugly images that appear through the cracks. Do they shock you?

Let the debate continue.

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26

Daily Times Nigeria Friday, December 18, 2015

Art Review In her new book, emeritus Professor of African philosophy and a world leading expert in African history Sophie Oluwole documents why Orunmila, the patron saint of Ifa worshippers which other name is ‘Okunrin Kikuru Oke Igeti’ is no less equal with Socrates, the acclaimed father of Greek philosophy.

Agozino Agozino read the book and comments.

For persons brought up to regard Western tradition of philosophy as the “ultimate” in the world, the suggestion of a comparison between the father of Greek philosophy, Socrates, and Orunmila, the founder of the school of Yoruba diviners (Babalawos), may sound ridiculous.

But it is especially to persons with this mindset that Professor Sophie Oluwole directs her message in her new book Socrates and Orunmila . They need to deliver themselves from a brand of intellectual slavery which blinds them to wisdom available at their doorsteps in search of a foreign brand of wisdom which has proved grossly inadequate for true global peace.

That Socrates is the father of Greek philosophy is generally known. But many do not realise that Orunmila is the father of Yoruba philosophy, a world view which has been acknowledged as among the richest in the world especially in terms of its humanism.

The 236-page book starts with a preface and introduction that together take 22 pages. There, the professor of philosophy marshals her argument for a truly objective view of philosophy unhampered by parochial definitions that seek to portray it as an exclusive property of the West rather than a global commodity manifesting in different forms in different cultures.

She points out parallels in the lives of both Orunmila and Socrates which showed them as leading lights of wisdom in their respective societies despite the fact that none of the two wrote anything down.

Orunmila and Socrates, she submits, “are two great thinkers who offer two rational options in philosophical thinking with positive contributions to world intellectual heritage.”

The next three chapters explore the personalities of both men according to written and oral records of their followers and critics.

Chapter three, titled What They Said They Said is particularly interesting as Olu-

Æs

Is Orunmila a philosopher?

wole quotes profusely from extant records of what each had to say on a wide range of topics from the nature of reality, the nature of truth, the limit of human knowledge, the necessity of education to human destiny, death, good, evil and political rights.

She has noted in earlier pages a problem common to both men arising from the fact

that discussions on their teachings are carried out in a language different from the one in which they were originally written.

She here acknowledges her indebtedness to the efforts of others like Wande Abimbola, Rev. E.M Lijadu, Pa Olarinwa Epega, William Bascom, Dr Abosede Emanuel, Ayo Salami etc, who have made translations of

the Ifa literary corpus. However, she takes full responsibility for her own translations.

But in two separate chapters, Appendix I and II, she provides the Yoruba originals of the Ifa verses quoted in the book. Unfortunately, the numberings are mixed up; such that it is with some difficulty that the reader locates the corresponding originals.

From Chapter four, Oluwole plunges into comparative philosophy in general. Citing several authorities, she points out the merits and demerits of their arguments in favour or against both African and Western traditions of philosophy. She launches a robust attack against the notion, especially in the West, that there is no African philosophy or that if there is, it is inferior to the West’s.

“The greatest barrier to honest thinking about the existence and nature of African philosophy,” she declares, “is the presumption that no tradition of thought and philosophy other than those of the West can be scientific and rational…”

It’s however in chapter six that she submits that “on the testimony of Western philosophers, the fundamental difference between African and Western philosophy is located in their different assumptions about the nature of reality and the knowledge human beings can have of it.”

Oluwole notes that while Western thought rests on Binary Opposition in which truth is either or and thus often results in conflicts, the African word view rests on Binary Complementarity/Complementary Dualism where different, even opposing views can be understood and accommodated without rancour.

It is mainly on this basis, she says, that African philosophy is by far superior to the West’s.

It is in the last chapter titled Postscript that the professor offers her most profound thoughts on world affairs and the fate of humanity and some comments on the democratic rights accorded women in Africa long before the West did.

Habila to judge 2016 Pen Robert Prize for fiction

Habila

Award winning Nigerian writer Helon Habila has been named as the judge for the 2016 PEN/Robert W. Bingham Prize for Debut Fiction.

The $25,000 prize will be awarded to the author of the first novel or collection of short stories published in 2015 that ‘represents a distinguished literary advancement and suggests great promises of a second work of literary work.’’

The award will be announced in March next year and award presented in April.

Habila who is an associate professor of creative writing in the College of Humanities and Social Sciences at George Mason University in Fairfax, Virginia, graduated from University of Jos, Nigeria and later at the University of East Anglia in the United Kingdom.

Earlier this year, he won the $150,000 Windham Campbell Prize. He has also won the

prestigious Cain Prize for African Writing and the Commonwealth Writers Prize.

The writer who was in Nigeria recently for the just concluded Ake Arts and Book Festival is the author of Waiting for an Angel, Measuring Time and Oil and Water among other numerous essays and other works he has edited.

He is also the literary editor of the Granta Book of the African Short Story 2012.

Daily Times Nigeria Friday, December 18, 2015

27

Art Review

One of the dance performance at the event

Wajo showcases culture, dance It was a feast of dance recently as Lagos-based dance group celebrates its 32nd edition. Agozino Agozino writes.

What is so important about the art of dancing?

Of course, it is an entertaining exercise that many have embrace because of its lucrativeness. Today, dance has become a goldmine venture allover the world. This is what Wajo project brought to the fore at Freedom Park, Lagos Island recently.

Convened by Oluwaseun Adeleye, the project gives dancers the platform to express themselves through dance. Wajo is not restricted to any kind of dance genres such as salsa, bata, contemporary dance, waltz, ballad and many more were performed to the amazement of the audience at the 32nd edition of the monthly Wajo project.

Tagged A Night of 2 Tales, the dancers comprising young and old showcase different dance steps on the same stage. “Wajo, is about dance, and dancers essentially. It is a platform for dancers to express themselves,” Adeleye said.

“It also give people quality entertainment that is why it is done monthly. We have been doing Wajo for 32 months now. We tell the dancers this is your platform. You own the stage and do what you want with it, and that is exactly what we have done.”

Though in the past dance

is not an area, business people venture into, but today it has become a goldmine where everybody want to partake in. For Adeleye he notes that Nigeria is not where it ought to be when it come to the art of dance. “We are not where we ought to be, but we are far from what we used to be.

We have the likes of Kaffy, Segun Adefila, P-Square they are doing great job pushing dance and giving dancers the opportunity to express, showcase their talent. Dance has to be prominent, dance is life, it is a way of life. You can earn a living, build industry through dance that is the opportunity we are giving these dancers,” he said.

He urged parents to allow their children to go into dance. “You need to school for it, study as much as you can; read books that you can find, and spend a lot of time dancing, rehearsing, working till you becomes the best,” he advised.

It was indeed a thrilling experience at the event as Segun Adefila’s crown troupe shows its uniqueness with a dance piece titled Iyo. The presentation focuses on the challenge, and effect of urbanisation on humanity. The special presentation also highlight how western influence has con-

sume the Nigerian culture which is gradually fading away. “Migration is a global issue now, people are running away from their land.

Look at what is happening in Syria, Europe is busting because it is filled up. We want to talk about migration, but we don’t want to talk about migration without talking about us,” Adefila said.

However he asked, “how come that over 400 years ago they forced our ancestors to all these countries, and now they don’t have a need for

us again because the things we were doing for them is been done by tractors. We are begging to enter their country, but they don’t want us but it is alright it is there place we don’t have to go to their place, but let us make our place beautiful,” he observed. “The white man does not know the difference between you and I, if we did not speak they don’t know where we come from, they just see us as human being then later we begin to say he is not from my tribe, he is not from my religion

and later we starts keeping enmity and from there people start fighting... what do we do, it is either poverty pursue you away from your country, or something just send you away and instead of us dying in the sea like they are killing our people now lets make our country better.”

Adefilia said Nigerians should look inward. “l don’t have to like you, but if l want to survive l must like you. If l don’t respect you and treat you well, you will not respect me. I want

to sleep and l don’t want to have fences and security wire around my fence. l must make sure that people are not hungry around me.”

Speaking on the essence of A Night of 2 Tales, Adefilia disclosed that the show is a way of bringing dance, drama together in one platform to enable people tell their story “after seeing the performance it is better for you to chose either to make our country work and people run away or lets us make our country better so that people stay.”

Most downloaded AfricanAmerican joins Nollywood The Nigerian film industry is sure expanding and reaching out to new frontiers. Perhaps the latest achievement in this direction is the entrance of Ngoli Okafor, Black America’s most downloaded personality and two-time winner of the Golden Glove Boxing Championship. He is starring in a film, Oxford Gardens, directed and produced by Obi Emelonye.

The film premieres in Nigeria on Friday December 18, 2015 at Genesis Deluxe Cinema, Lekki, Lagos.

As a model and actor in

the United States, Ngo Okafor has starred in many films and TV shows aside gracing several magazine and newspaper covers.

Ngoli Onyeka Okafor was born on the 30th of December, 1079 in Framingham, Massachusetts.

At the time his father was completing his PhD programme at Harvard University. His family moved home to Nigeria shortly before his second birthday but Ngo moved back to the states in the summer of 1994. A graduate of Computer Science from the

University of Connecticut, he worked with the Connecticut Department of Transportation.

Describing how he attracted him to Nollywood, the producer of Oxford Gardens, Obi Emelonye said: “The cast is led by Ngoli Okafor. I was looking for an international actor that had professional experience in boxing to make the fight scenes real and believable. And he was perfect. He was Golden Gloves (height of amateur boxing in America) Heavyweight champion...twice. He is a

Okafor

Hollywood actor that has been in films with the likes of Catherine Zeta Jones.

He is a super model and the most downloaded black male model online. And he is Nigerian and wants to bring his experience to Nollywood.

FC Taraba players’ strike continues in Jalingo

F

Taraba Fc player been malhandl by a soldier

C Taraba players have continued their “sleeping strike” at the Government House in Jalingo for a four straight day as they continue to press for the payment of their salaries running to 11 months.

Players of relegated Taraba are yet to be paid despite various promises.

They were only recently brutalised by soldiers during a peaceful protest and have now been camping out at the Government House since Monday for the Governor to address their

plight.

Taraba striker Stephen Adah said: “We need the Governor to address us before we will leave this place. The players have been falling sick, but no player is ready to leave this place.

“We need to get paid, we have laboured for 11 months, suffered but all to no avail.

The chief of staff of the Taraba Government has addressed us, but the man has been lying to us. Let Governor come and tell us he will not pay us.”

Page 28

Arsenal can beat Barca, Wenger boasts g 30 Friday, December 18, 2015

Utaka tops list of

high-flying Angers N igeria striker, John Utaka, may return to France where he was a hit playing for Rennes and Montpellier.

The 30-year-old Utaka, who has played for Portsmouth and Turkish club Sivasspor, is a free agent.

Reports from France have it that the former Ismaily of Egypt striker may join

SCO Angers in the French Ligue 1.

Angers are currently placed second on the league table and wish to bolster their attack line and the rich experience Utaka has playing in France could come in handy.

He was earlier linked with a return to former club Montpellier.

Ikpeazu

faces uncertainty at Port Vale

Utaka

N

igerian youngster, Uche Ikpeazu’s future at Port Vale is unclear despite praise from assistant manager Paul Bodin.

Ikpeazu is on loan at the club from Watford.

Ikpeazu’s loan spell runs out in the New Year. Prior to

Pinnick predicts ‘robust’ 2016 for Nigerian football Stories Mike Otanwa

P

Pinnick

resident of the Nigeria Football Federation Amaju Pinnick says he expects a ‘robust’ 2016 for Nigerian football.

Speaking at the 2015 Annual General Assembly in Abuja on Wednesday, Pinnick outlined the country’s engagements for next year, stating that the NFF board has been tasked to achieve more.

“They (congress) were happy with our achievements

so far and they have tasked us to achieve more next year,” he said. “Next year will be a robust year for our football because we have the World Cup qualifiers and also the final phase of the nations’ cup.

“We have the qualifiers for the Under-17 men and women’s World Cup, the Under-20, but we are looking forward to it very ambitiously and we hope we’ll scale through most of these,” he said.

Pinnick also mentioned their financial struggles, but stated that he believes they will find a way out.

“We have issues of funding and I can tell you that for free but because of our integrity, I believe we will scale through.

“Everybody understands and they place Nigeria first and I believe we will get there,” he added.

putting the club up for sale, Norman Smurthwaite suggested that he would be in talks with parent club Watford over an extension or even a permanent move, but both those options are in doubt now that the club is up for sale. ”Uche is still very much Ikpeazu part of the plans at the moment. He is only here until January but that is still to be discussed and it is ongoing,” said Paul Bodin.

NFF

plans to launch Goal Project

T

he Nigerian Football Federation (NFF) has announced plans to launch the Goal Project, which will see soccer houses built in all the 36 states of the country.

The NFF held their annual general assembly in Abuja on Wednesday, after which the organisation released a statement confirming the plans, with Osun, Nasarawa and Jigawa states the first to benefit from the proposal.

A statement from the NFF read in part: “Congress approved the NFF Goal Project as proposed by the Executive Committee. The project will see the NFF build modest Football Houses for the State FAs, beginning with Jigawa, Osun and Nasarawa States.

29

Friday, December 18, 2015

EXTRATIME

Switzerland freezes FIFA

Ujah:

millions

T

he Swiss Justice Ministry said it had frozen millions of Swiss francs related to world soccer body FIFA, a spokesman said on Thursday, confirming a media report.

“US authorities asked for documents related to 50 accounts at different banks, through which corruption money is supposed to have transited,” ministry spokesman Folco Galli said in a statement, confirming a report by Swiss newspaper TagesAnzeiger.

He said a “high double-digit million amount” had been frozen following the US query.

Meanwhile, President Vladimir Putin said on Thursday that suspended FIFA president, Sepp Blatter, who is under investigation for alleged corruption over his management of the world footballing body, should be given the Nobel Peace Prize.

“That is someone who should be given the Nobel Peace Prize,” Putin said of the FIFA boss who on Thursday appeared before the body’s ethics committee to answer corruption allegations.

“His contribution to the global humanitarian sphere is colossal,” the Russian leader said, suggesting that Western “machinations” were behind the ongoing inquiry.

Ujah

W

I’m the real victim of Cologne, Bremen row

erder Bremen striker, Anthony Ujah has said he’s the real victim of the row between his new club and his former side Cologne. The Nigerian had been a cult hero in Cologne before he left under a cloud last summer. English fans might even remember his famed celebrations last season with the club’s goat mascot, Hennes VIII, but his subsequent move to fellow Bremen angered Cologne’s fans.

Ujah is adamant that the premature release of a picture by Werder Bremen, a month before the end of the season and with Cologne still not assured of their place in the Bundesliga, aggravated the situation. On the club’s Instagram account, the striker was pictured standing under a sign that read with “100% Werder”.

“I know I cannot turn back the hands of time and I cannot change anything but it all started with this picture,” says Ujah.

“[It put me in a very difficult scene which is not my decision. If I had the power, I can change it but I cannot change it now, so I can understand that they [the Cologne fans] have to direct their anger to someone and I am the only one who’s in the middle – I’m the victim in this.”

Ujah continues: “I just have to accept it and take it as it comes but deep down in my heart, I have no intention of disrespecting the fans or the public of Cologne.”

The striker also admits that the two games against Cologne since his departure in July haven’t helped. Ujah scored the winner in their second round DFB Cup match in October and last weekend, they met once again. With the game at 1-0, he won a contentious penalty for Werder Bremen – a spot kick that Ujah then took and had saved by his ex-colleague Timo Horn.

Enyimba swoop on Pillars duo N

igerian champions, Enyimba, have made the Kano Pillars duo of Theophilus Afelokhai and Gambo Mohammed their targets for next season according to supersport.com.

The Peoples Elephant are looking to bring in the experienced pair to bolster their playing personnel as they will compete on three fronts - the Caf Champions League, the Nigeria Professional Football League (NPFL) and the Federation Cup - next term.

It is understood that Enyimba have made a formal approach to the Kano club for Afelokhai and Gambo as well as attacking midfielder Tony Edjomariegwe.

“There has been an official contact with them. That is the much I can say,” an official of Enyimba revealed.

Sokari bids farewell to Enyimba fans

K

ingsley Sokari has sent a farewell message to the Enyimba faithful after completing his $400,000 transfer to Tunisian Ligue 1 side CS Sfaxien.

The attacking midfielder has admitted that he will miss everything about the Nigeria Professional Football League champions but is hopeful of winning more trophies with his new employers.

“My message to Enyimba fans is that I’m happy because of the support they gave me right from the day I joined them,” Sokari said.

“I will miss the supporters but I need to go higher in my career, I will miss the fun I had there, the coaches, players and the town.”

All things being equal, Sokari will make his debut for CS Sfaxien on Sunday in the Ligue 1 against one of the teams that courted him prior to his switch to the Juventus of the Arabs, Etoile du Sahel.

Friday, December 18, 2015

EXTRATIME

McClean blasts

Klopp

over handshake

Klopp

W

est Bromwich Albion winger James McClean has said Liverpool manager Jurgen Klopp is “a bit of an idiot” after the sides’ 2-2 draw on Sunday.

Klopp did not shake West Brom boss Tony Pulis’ hand after his team had claimed a late point at Anfield thanks to Divock Origi’s deflected shot.

In a competitive game, Klopp saw defender Dejan Lovren stretchered off following a strong challenge by Craig Gardner.

The German said of Pulis at the weekend: “No. I didn’t see him after the game. I can’t say anything, because I only talk about football.

“Maybe I can’t remember -I’m not the best, with the biggest talent to remember things like this.”

McClean, who played the full 90 minutes at Liverpool, is quoted by the Liverpool Echo as saying: “I’ve got a lot of respect for the man because he done a great job at Dortmund “But I think he is a bit of an idiot to be honest on the game on Sunday. Win, lose or draw you have got to be respectful.”

Liverpool are ninth in the Premier League table and next in action against Watford on Sunday.

City need to wake

Arsenal can beat Barca, Wenger boasts A

rsenal boss Arsene Wenger maintains his team have a good chance of beating Barcelona when the teams meet in the Champions League last 16.

The Premier League outfit came out of the hat alongside the European champions in the draw earlier this week and face a difficult task in overcoming Luis Enrique’s

men.

However, Wenger feels the Gunners can take heart from the 2-0 defeat inflicted on Bayern Munich in the group stages of this season’s competition.

“We will play against a team that are the holders of the trophy and is one of the best in Europe at the moment, but I think we have a chance of knocking them out,” the

’s il z O ‘massive lift’ for Arsenal

- Wilshere

M

esut Ozil’s arrival at Arsenal two years ago was a massive lift for the club, midfielder Jack Wilshere has said, adding it was “special” to have the German playmaker as a teammate.

Ozil’s move from Real Madrid,

Ozil reportedly in the region of 42.4 million pounds ($63.31 million), smashed Arsenal’s previous record purchase and represented a rare big-money signing from manager Arsene Wenger.

Wilshere said he could scarcely

‘The Dragon’

- Hart

Messi

Frenchman told a Press conference.

“We must be inspired by the result we got at home against Bayern, who are the same type of team. With the same kind of difficulty can we achieve the same result?

“I think we have a good chance of going through. It will be tough, but also exciting. We are ambitious.”

believe that the club had pulled off such a major coup and since the World Cup winner’s arrival, the Gunners have won back-to-back FA Cups, breaking a nine-year trophy drought in the process.

After a shaky start to his Gunners career, Ozil has spearheaded Arsenal’s Premier League title charge this campaign and recently broke a league record by claiming assists in seven consecutive matches.

“I think we knew what sort of player Mesut was. His history as a player and the clubs he has played for... to bring him in to play with us was massive,” Wilshere said.

“I remember watching (the TV on) transfer deadline day and seeing that Arsenal were interested in Mesut Ozil, and you almost didn’t believe it.

Red Devils board worried by unrest

M

van Gaal

anchester United are increasingly concerned about disenchantment with Louis van Gaal’s managerial approach among the players and will discuss the situation just before the January transfer window, sources have said It been learnt that some senior

30

members of the squad have even privately complained to club officials about the restrictive style of play and Van Gaal’s strict nature.

Recent United briefings to English newspapers had indicated that the club’s support for the Dutchman remained emphatic but Old Trafford

sources have repeatedly insisted to ESPN FC that was never a unanimous view among club officials, and that some senior figures have doubted him for weeks.

That doubt has only grown in the last nine days, as United were eliminated from the Champions League by Wolfsburg and then lost to Bournemouth to make it five games without a win.

The uncreative nature of the football has been a growing concern, given how little response it is getting from the players. It is not just that United have been failing to win, but they have so rarely looked like winning.

Hart

M

anchester City goalkeeper Joe Hart has told his teammates that they need a “one million percent” improvement if they are to come away from Monday’s Premier League trip to Arsenal with a win.

City are third in the table, a point behind the Gunners, and Hart is displeased by what he perceives to be a lack of consistency in their performances.

“We need to be a million percent better,” the England international told British media.

“We need to step up. We can be awesome when we want to be, so we need to be more consistent – that’s what we’re looking for.”

City have had to rely on late surges to secure results a number of times this season, including in their 2-1 win over Swansea City at the weekend, and Hart said he was unhappy about their failure to dominate games from the start.

“It’s a shame it needs the dragon to be poked before we come out of the cage,” he said.

“I’d say in four of the five games, we shouldn’t have been in that position where we needed to win in the last minute, but it’s nice that we’ve got that. We need to be seeing games out more and not relying on that.

“We know what we’ve got here and it’s frustrating when we don’t do it, but it’s a long season and we’ve got ourselves into a good place.”

31

Friday, December 18, 2015

EXTRATIME

Weekend fixtures Saturday, Dec. 19 West Brom v Stoke v Everton v Man United v Chelsea v Southampton v Newcastle v Sunday, Dec. 20 Watford v Swansea v Monday, Dec. 21 Arsenal v Saturday, Dec. 19

EPL

Bournemouth Crystal Palace Leicester Norwich Sunderland Tottenham Aston Villa

7:00 7:00 7:00 7:00 7:00 7:00 9:30

Liverpool West Ham

5:30 8:00

Man City

12:00

Ligue 1

Caen Guingamp Troyes Lorient Bastia Toulouse

v v v v v v

PSG08: 00 Rennes Monaco Nantes Reims Lille

11: 00 11: 00 11: 00 11: 00 11: 00

Bundesliga

Hamburger SV v Eintracht Fran… v Köln v Hannover 96 v Bayer L. v

Augsburg 6: 30 Werd/Bremen 6: 30 B/Dortmund 6: 30 Bayern Mün. 6: 30 Stuttgart 6: 30

A

first Champions League appearance in 19 years followed Juventus’s first league and Cup double in two decades, but as 2015 draws to a close the undisputed kings of Italian football are facing a Serie A backlash.

The Old Lady of Turin secured a treble of trophies by the end of last summer with a 31st league title, a 10th Italian Cup and their seventh Italian Super Cup after a 2-0 win over Lazio in Shanghai.

Juve’s bid for a first European crown since 1996, however, was halted in spectacular fashion as Barcelona handed Massimiliano Allegri’s men a footballing masterclass on their way to a 3-1 victory in Berlin.

Albeit humbling, Juve’s presence in the final was a potent symbol of their return to Europe’s elite after 20 years of seeing AC Milan (two), Real Madrid (four), Manchester United (two), Bayern Munich (two) and Barcelona

La Liga

Eto’o backed to

succeed in Antalyaspor job

7: 00 9: 15 11: 30 13: 05

A

Ligue 1

former Cameroon teammate of Samuel Eto’o has said he is surprised that the striker has been appointed as interim manager of Antalyaspor but believes he has the right attributes.

Eto’o joined the Turkish club as a player in the summer, and reports say he will take charge for three matches after coach Yusuf Simsek had his contract terminated earlier this month.

It was reported that the former Cameroon captain could

Saint-Étienne v Angers5: 00 Gazélec Ajaccio v Oly/ Lyonnais 5: 00 Bordeaux v Olympique M/ 12: 00

Bundesliga

Hertha BSC v Mainz 05 6: 30 Borussia M’gla…v Darmstadt 98 8: 30

Serie A

Carpi Atalanta Fiorentina Hellas Verona Roma Frosinone Sampdoria Torino Inter

v v v v v v v v v

Juventus Napoli Chievo Sassuolo Genoa Milan Palermo Udinese Lazio

3: 30 6: 00 6: 00 6: 00 6: 00 9: 00 9: 00 9: 00 11:45

Sporting Gijón Real Madrid Real Sociedad Granada Athletic Club Málaga

v v v v v

V

Cambuur 3: 30 Roda JC 5: 30 Den Haag 5: 30 Feyenoord 5: 30 De Graafschap7: 45

La Liga v v v v v v

Barcelona PSTP Rayo Vallecano7: 00 Villarreal 9: 15 Celta de Vigo 9: 15 Levante 9: 15 Atl/Madrid 11: 30

then land the job permanently, with club officials set to make a decision after Turkish football’s winter break.

M’boma said: “I know it was in his plans to be a manager - he told me many years ago.

“But from what I know he has no experience. I hope he will be a good manager, but I do not know.

“He has the personality and the knowledge, but I am not sure he will have the patience.

If he can improve on the areas where he is weak, he could be a success.”

Valencia advance in Copa Del Rey

Eredivisie

Eto’o

their Serie A rivals with a strategy that balanced the team’s commitments over three competitions to see the Turin giants into the 2015 final.

In the end, Barcelona were a class above the Italians. Indeed, only the superb goalkeeping of Gianluigi Buffon prevented a

face Serie A backlash

v PSV 10: 45 v Heracles 10: 45

Valencia v Getafe Espanyol v Las Palmas Real Betis v Sevilla Deportivo La C…v Eibar Sunday Dec. 20

20 years to reach the latter stages because of their financial impotence in the face of far richer opponents.

In his first season in charge, Allegri turned that idea on its head.

The 48-year-old replaced Conte’s obsession with crushing

Juve

Eredivisie

Utrecht PEC Zwolle

Excelsior Willem II Heerenveen NEC Ajax

(four) claim multiple trophies since their own 1996 success over Ajax.

After Juventus were humbled 4-0 on aggregate in the 2013 quarterfinals by eventual winners Bayern Munich, former coach Antonio Conte complained it would take the Turin club

alencia beat third-tier club Barakaldo 2-0 for Gary Neville’s first win as a head coach on Wednesday, advancing to the round of 16 of the Copa del Rey 5-1 on aggregate.

Santi Mina scored in the eighth minute and Alvaro Negrodo added in the 31st at the Mestalla Stadium to give Neville the victory in his third game in charge of the Spanish club.

“I’m happy with the result,” Neville said. “Tonight it was important to win to build

confidence. We hadn’t won in the last couple of weeks. It was important to do it tonight.”

Neville was confirmed as head coach just before Valencia won the first leg 3-1, but wasn’t on the bench during the game. He watched from the stands when his team held Barcelona to a 1-1 home draw in the Spanish league.

The former England and Manchester United defender debuted with a 2-0 loss to Lyon in the Champions League, a result that eliminated Valencia from the competition.

Pioli on borrowed time at Lazio

L

azio have endured a terrible campaign to date following the assorted heroics of 2014-15, thus suggesting beleaguered coach Stefano Pioli is on borrowed time.

The flags were out in May when Lazio clinched third spot in Serie A, and with it came a potential route into the Champions League via a play-off qualifier.

A stunning second half of last season saw the Aquile embark upon an unstoppable ascent up the league standings, while they also reached the Coppa Italia final.

Stefano Pioli was marked out as a coaching star of the future after extracting the very best out of a relatively small squad, all of whom contributed massively to an unexpectedly wonderful year.

Unfortunately for Pioli, the wheels have come off now with his club residing in a lowly 12th place, and his position appears increasingly tenuous.

Allegri

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fRidaY, dEcEmBER 18, 2015

g 29

VOL. 2. NO.4

Price: n150

Ujah Eto’o

I’m the real victim of Cologne, Bremen row

g 31

backed to succeed in Antalyaspor job

!

R E K C SHO e r i f a e s l Che ‘The Special One’ Mourinho C

helsea have sacked manager Jose Mourinho seven months after he led them to the Premier League title.

The 52-year-old Portuguese had been in his second spell at the club, taking charge in June 2013.

Chelsea finished eight points clear last season and won the League Cup, but have lost nine of their 16 league games so far and are 16th in the table, one point above the relegation places.

Mourinho’s final match was Monday’s 2-1 defeat at leaders Leicester City.

Pep Guardiola, Guus Hiddink, Brendan Rodgers and Juande Ramos have all been touted as possible successors.

He leaves with Chelsea just a point off the relegation zone and 20 points behind Leicester.

Champions League qualification via one of the top four spots in the Premier League looks highly unlikely.

However, the Blues are through to the last 16 of European football’s biggest club competition, where they will face French champions Paris St-Germain in February

and March.

Mourinho only signed a new four-year contract on 7 August and is Chelsea’s most successful manager.

He won three Premier League titles, two of those in his first spell between 2004 and 2007. The Portuguese has also won the FA Cup, in 2007, and the League Cup three times - in 2005, 2007 and 2015.

The incident that led to the dispute between Carneiro and Mourinho Jose Mourinho watches on as doctor Eva Carneiro runs onto the pitch at the Swansea game in August It has not only gone wrong in the Premier League for Mourinho, he has also had his issues off the pitch.

A 2-2 draw with Swansea on 8 August was overshadowed by a fallout with his medical team, in particular club doctor Eva Carneiro.

Carneiro had her role downgraded after Mourinho said his medical staff were “naive” for running onto the pitch to treat attacking midfielder Eden Hazard.

She eventually left on 22 September and is now taking legal action against

Mourinho in the Premier League Season 2004-05 2005-06 2006-07 2007-08 2013-14 2014-15 2015-16

Mourinho and the Blues.

Mourinho also received a suspended stadium ban and £50,000 fine for claiming referees were “afraid” to award his team penalties in a 3-1 home loss to Southampton in October.

He subsequently had to serve a onematch stadium ban and pay a £40,000 fine for his behaviour during a 2-1 defeat by West Ham, when he spoke to referee Jon Moss at half-time.

He guided Porto and Inter Milan to Champions League glory in 2004 and 2010 respectively, then led Real Madrid to the Spanish La Liga title in 2012. At 52, he is still some way from retirement age, but he has expressed a wish to coach the English and Portuguese national sides at some stage in his career.

In fact, he claimed he turned down the chance to become England boss when Steve McClaren was sacked in 2007.

Mourinho has a proven track record of bringing success over the short-term but doubts will remain over his ability to build a dynasty.

Will that make his candidature less

Managed 38 38 38 6 38 38 16

Won 29 29 24 3 25 26 4

Drew 8 4 11 2 7 9 3

Lost 1 5 3 1 6 3 9

Win % 76.32 76.32 63.16 50 65.79 68.42 25

appealing to the kind of club he is used to managing, such as German giants Bayern Munich, rising French stars Paris St-Germain or Premier League duo Manchester United or Manchester City?

The Blues may be struggling at the wrong end of the Premier League table, but they are still in the Champions League and both domestic cups, while achieving European qualification is not impossible.

The key for any new manager is improving the morale of a talented squad that has underachieved this season.

Players such as Hazard, Diego Costa, Willian, and Oscar were key to Chelsea winning the league title but performances have fallen well below the heights they reached last year.

After the 2-1 defeat by Leicester Mourinho said he felt his “work was betrayed” by his players, and midfielder Cesc Fabregas has said it is time for everyone to step up.

“If you are a big player and paid like a big player, you must play like a big player and behave like a big player,” said the Spain international.

Business Times Daily Times Nigeria

Danish bank says oil rebounds to Page B2 $100pb in 2016

Augustine Okezie Abuja The Nigerian Electricity Regulatory Commission (NERC), yesterday at the commission’s headquarters in Abuja issued licences to eight companies with a combined capacity to generate 1,648.25 megawatts electricity.

The licences were a mixture of on-grid, off-grid, embedded generation and distribution of electricity.

One of the licensees, Ossiomo

Offistes and Utilities/ Ossiomo Power &Infrastructure, based in Edo state will engage in electricity distribution and in embedded generation of 55 Megawatts gas power electricity.

Some of the newly licensed companies include Anambra state Independent Power Generation Company Limited, located in Onitsha; an on-grid gas-fired plant which has the capacity for 528mw capacity.

There is also Cummins Power Generation, Nigeria Limited (NBC) Ikeja with a capacity for a 3.5mw capacity, off- grid. The

company also has licence for a 1.7mw to serve A&P Foods, in Agege, Lagos.

In a statement signed by Dr. Usman Abba Arabi, head, Public Affairs, states that NERC licences issued to Sinosun Investment Limited, based in Jibiya, Kastina state is for an on-grid, solar power generation of 100mw capacity.

In the same vein, LR-Aaron Power Limited, located in Gwagalada has licence for 100mw solar powered electricity generation.

Also licensed is Lafarge Af-

rica Plc for an on-grid, gas-fired 260 MW in Ewekoro, Ogun state, while Azikel Power Limited on– grid licence is for 500MW power plant, located in Obunagha in Bayelsa state. The Middle Band Solar One Limited from Kogi State was granted an on-grid licence for 100mw.

On the distribution of licences it was also disclosed that there are six gas-fired generation licence with a combined electricity capacity of 1, 348mw, as well as three solar generations for a combined capacity of 300 mw.

NCC warns operators to adhere to rules, threatens more sanctions

Tony Nwakaegho

Nigerian Communications Commission (NCC) said it has warned telecom operators against flagrantly disrespecting laid down rules and laws governing their operations in the country.

The Commission said it has discovered that dealing with the operators with kid gloves will breed impunity, capable of retarding development in the sector.

The commission said that operators should take the MTN fine as a warning to get their acts right as it will no longer be business as usual.

MTN Nigeria has December 31, deadline to pay a N780 billion fine for refusal to disconnect some 5.1 million improperly registered subscribers on its network.

Mr Tony Ojobo, director, Public Affairs of the commission, warned that the commission would not hesitate to come down hard on erring operators, not only to protect the operators themselves, but the subscribers and the operating environment CONTINUED ON PAGE B2

NSE Page B4 investors gain N1.6b

Dangote acquirers 65.7 per cent shares of TBCG with N10b Page B7

NERC licences eight new power companies, injects 1,648.25MW

L-R: Immediate Past President, Nigerian-American Chamber of Commerce (NACC), Mazi Sam Ohuabunwa; Former President, NACC/ Director, Nigerian Bottling Company Plc, Olaolu Akinkugbe; Consul General, Consulate General of the United State of America, F. John Bray; President, NACC, Chief Olabintan Famutimi; his wife, Stella and former President NACC/Chairman of the ocassion, Prince Julius Adelusi-Adeluyi, during the Presidential/Board Inauguration and Dinner of NACC, held at Intercontinental Hotel, Victoria Island, Lagos on Wednesday.

Dana Air introduces pocket friendly fares Chukwuemeke Iwelunmo Dana Air has concluded plans to introduce what it calls pocket friendly air fares this yuletide season to appreciate customers patronage.

The Chief Operating Officer COO of the airline, Mr Obi Mbanuzou who disclosed this to Daily Times in his office at the MMA2 on it’s preparation for the yuletide operations, said the promo will begin 26 the December 2015.

Mbanuzou said the fares meant giving back to their loyal customers and urged them to book online early before they embarked on their trip in order to get cheaper fares.

He stated that the airline was ready to meet the challenges associated with the seasonal upsurge, adding that all its aircraft have been maintained and positioned for the seasonal rush.

According to the COO, the airline has introduced special gift for children and Christmas menu for business class passengers during this yuletide season.

On its Accra operations which it commenced last weekend, Mbanuzou said the patronage on the route was encouraging, stressing that Ghanaian passengers were excited with the introduction of the Lagos - Accra route.

NLC kicks against proposed N97 petrol price Joy Ekeke The proposal by Minister of State for Petroleum Resources, Ibe Kachikwu, has said at the National Assembly that the government might change the price of petrol as well as adopt a strategy of gradual removal of subsidy has been rejected already by the Nigerian Labour Congress (NLC).

NLC has started mobilising its relevant organs, civil society

groups, organisations and professional bodies against plans by the Federal Government to revert the pump price of petrol to N97 from next year.

The NLC accused Kachikwu of being an agent of those who were working to undermine the President Muhammadu Buhari administration over his constant insistence on the removal of subsidy on petroleum products.

Its President, Ayuba Wabba, who gave the workers’ position

at a symposium to mark the 10th anniversary of Comrade Chuma Ubani’s death, said if Buhari wants to succeed in his programmes, he must be wary of the likes of Kachikwu.

Wabba added that the minister constantly showed his preference for subsidy removal right from when he was appointed the Nigeria National Petroleum Corporation’s (NNPC) Group Managing Director, even when the CONTINUED ON PAGE B2

Friday, December 18, 2015

Wabba

Business News B2 Limak Cement plans up to 1bn euro African acquisition

Turkey’s Limak Cement is in talks on the acquisition of cement operations in Africa which could be worth up to 1 billion Euros ($1 billion), a senior executive said on Thursday.

Limak, which already has interests in Mozambique and Ivory Coast, has signed a confidentiality agreement regarding the purchase from an international

Daily Times Nigeria Friday, December 18, 2015

cement company, the executive said.

Limak Cement Group General Coordinator, Gultekin Aksuyek did not also say who it was looking to buy the assets from but said it had operations in more than one African country.

“A global cement firm is considering selling its facilities in

Airtel made driver, trader, civil servant, others millionaires Godwin Anyebe

Oil rig

Danish bank says oil rebounds to $100pb in 2016 Opeoluwani Akintayo Good news may finally be here as a Danish investment bank, Saxo Bank, has predicted that price of crude oil will swoop to $100 per barrel in 2016.

Some of the events said by Saxo that would lead to the rebound include the Russian ruble rising 20 percent versus the US dollar/euro basket.

The bank also suggests a meltdown in global corporate bonds could be on the cards – a claim that is perhaps not so outlandish in light of the current scare in the U.S. junk bond market.

However, such a “meltdown” would only materialize if Federal Reserve Chair Janet Yellen, opted for a series of aggressive rate hikes in late 2016, the report stresses. That could trigger a huge selloff in all major bond markets as yields start to rise.

As it stands, the Fed is expected to very gradually increase interest rates.

Although tongue-in-cheek, the predictions have a serious mes-

sage highlight events that could “turn your investment world upside down,” Saxo Bank said.

Perhaps the most outlandish the bank’s predictions is the suggestion that oil –currently trading below $40 a barrel– could rebound to $100 a barrel.

Prices have fallen since June 2014, when a barrel fetched $114, in no small part due to OPEC’s decision not to cut production, despite some poorer oil producers in the 12-member group asking for a cut to support prices.

Saxo Bank predicted oil could return to $100 in 2016 as “unease among weaker as well as wealthier members of the cartel over the supply-and-rule strategy continues to grow.

The long-awaited sign of an accelerated slowdown in nonOPEC production finally begins to emerge with a downward adjustment in output.

The price mounts a quick recovery with investors scrambling to re-enter the market to the long side – once again bringing $100/barrel prices onto the horizon.”

One of Nigeria’s leading telecommunications services provider, Airtel Nigeria, has fulfilled its pledge to consumers as it rewards the first batch of winners in its on-going RedHot Promo with all-expense paid family trip to Dubai and cash prizes of N1million Naira each at a colourful ceremony in Lagos.

Through the consumer reward initiative which kicked off this December, Mrs. Obi Victoria, a business woman based in Lagos and Mr. Nnamdi Oji, a web developer and entrepreneur, emerged the first lucky winners of tickets for the all-expense paid family trip to Dubai.

Mr. Eze Sonlove, a driver with a hospital in Lagos; Mr. Nwankwo Ferdinand, a trader at IyanaIba market; Mr. Fashola Peter, a civil servant in Lagos and Mr. Habeeb Adepoju, a student in Ijebu, Ogun State won cash prize of N1million each.

The visibly excited winners expressed appreciation to Airtel Nigeria for being consistent with rewards for customers through the Red Hot Promo over the years.

Mrs. Victoria, winner of an all-expense paid trip to Dubai said: “I am very happy to become one of the winners in the promo. I look forward to great fun in Dubai with my family. I thank Airtel for this initiative.”

On his part, Mr. Habeeb Adepoju who won N1million remarked: “This is fantastic; I appreciate the company for making me a proud customer on the network. I commend Airtel for enriching customers experience with the RedHot promo.”

Speaking at the event, the Chief Commercial Officer, Airtel Nigeria, Ahmed Mokhles, noted that Airtel passionately connects its customers to their dreams and provides credible platforms and spring boards for them to achieve greatness.

three African countries... We are seriously interested and have signed a confidentiality agreement. I think we will know in five to six months,” Aksuyek said.

He added that Turkish companies had ground to make up in the continent which had good growth opportunities.

He said; “As Turkish compa-

nies, we were very late in penetrating the African market, an unnamed bank was positive about financing the acquisition.

Other overseas expansion plans were also in the works. We are also studying a possible acquisition in one of Latin America countries. We may make an acquisition there in the next five years.”

NCC warn operators to adhere to rules CONTINUED FROM PAGE B1

as a whole.

“If you don’t create room for punishment,” said Ojobo, it can lead to impunity. So you have to apply the law to show that you are dispassionate, not biased, but following the rule of engagement.

According to him, “there is a signal now that it won’t be business as usual. We have received accolades worldwide and cannot now make a mess of ourselves back home. The way we manage this situation sends signals outside, on how we are operating

our services here. If you don’t sanction, there are consequences.

“This sanction is good for us because it will instill discipline, move our market forward, sanitise our operating environment, and also show that the regulators are alive to their responsibilities in the sense that we don’t have any preferences when our regulations are abused. What we have applied is a carrot and stick approach.

The stick was the sanction, the carrot was the waiver of 25per cent” Ojobo added.

NLC kicks against proposed N97 petrol price CONTINUED FROM PAGE B1

President had made it clear that he was yet to be convinced that the ordinary citizen could afford increased prices of petroleum products.

The NLC president said: “At the Senate, the Minister of State on Petroleum Resources talked about ‘gradual removal strategy’, which, he said, would begin with the return to the pump price of N97 per litre from the current N87. Mr. Kachikwu threatened of the possibility of the Buhari government considering total withdrawal of fuel subsidy.

“According to him, ‘the government doesn’t need to fund subsidy. There is energy around the removal of subsidy. Most Nigerians talked to today would say that’s where to go’.

“With the figures being disclosed as the amount our political elite have stolen in the name of security, but which are used to ‘consult’ spiritualists etc, listening to Mr. Kachikwu talk about the so-called most Nigerians that they talked to wanting fuel subsidy to be removed, one can only wonder out loud who these Nigerians that the Kachikwus of this

Kachikwu

world are talking to.

“These Nigerians certainly won’t be the millions of downtrodden mass of Nigerians who weathered every odd, including threat of violence to vote out the PDP- led government and embraced on March 28, 2015, the change agenda they believed Muhammadu Buhari symbolised.

“The NLC wishes to state without equivocation that Kachikwu represents the same forces that have misled past government on the issue of removal of subsidy and deregulation of the downstream operations of the petroleum industry.

“While the position of congress on these issues clearly remains unchanged, we make bold to however caution President Buhari to be wary of the likes of Kachikwu, whose sweet tongues on the issue of subsidy removal had derailed former Presidents from achieving their lofty goals.

Daily Times Nigeria Friday, December 18, 2015

B3 Money Market

CBN demands BDC Chiefs to acquire varsity degree Stories by Motolani Oseni In a continuous effort to halt speculation of the nation currency, Naira, the Central Bank of Nigeria (CBN) has again issued strict guidelines on Bureau De Change (BDC) segment of the money market. The new guideline stated that management staff and other senior officers of the BDC shall possess university degrees and experiences not below two years.

In a circular obtained from its website yesterday, the apex bank stated that qualifications and experiences of the Managing Director/Chief Executive Officer (CEO) shall be first degree or its equivalent in any discipline with three (3) years post-graduation experience, while the minimum qualifications and experience shall be first degree or its equivalent in any discipline with two years’ post-graduation experience for the management and support staff.

The statement categorically pointed that one of the management staff appointed above should be designated as compli-

Omidyar Network leads investment in eCurrency technology NIBOR as @ Dec. 17, 2015 Tenor

Rate (%)

Change (%)

O/N

1.0417

0.04 ?

1M

8.2338

-0.14 ?

3M

10.2644

-0.18 ?

6M

12.863

0.23 ?

proval of the CBN before changing its location, organizational structure, directors or financial requirements, which may vary at the discretion of the CBN. “Minimum paid-up share capital (N35 million); non-refundable

application fee (N100,000); nonrefundable licensing fee ( N1 million); mandatory caution deposit (N35 million ); non-refundable annual licensing renewal fee; (N250,000 payable not later than 30 days after the end of each calendar year; non-refundable change of name fee (N100,000).

The foreign currencies dealt in by a BDC shall be derived from private sources and such other sources which may include the CBN window as determined by the CBN from time to time for the purpose of funding Business Travel Allowance (BTA) and Personal Travel Allowance (PTA).

Any person/individual wishing to sell foreign currency above $10,000 or its equivalent to a BDC shall be required to disclose the source.

“Transactions shall be on spot basis (immediate settlement). For the avoidance of doubt, forward transactions by BDCs are not allowed. The maximum amount per transaction for a BDC shall be determined from time to time by the CBN with respect to business and personal travel allowances,” it stated.

ments and taxpayers: the cost of minting and distributing eCurrency is around one-tenth of the cost of printing, securing, distributing, and eventually destroying paper-based money.

Also, Partner at Omidyar, Mr. Tilman Ehrbeck, said: “Paperbased money is becoming an antiquated tool in an increasingly digital economy. It often causes those who rely heavily on cash to conduct their financial lives to be locked out of the formal financial system and the opportunities it presents. eCurrency can help accelerate financial inclusion by turning today’s digital value systems into sovereign-backed national currencies, increasing trust, and addressing key issues hindering their adoption today, such as interoperability.” eCurrency Money Market Indicators (%) is different -2015 from the various forms January February March

of private sector-issued digital value available today because it is issued by a central bank, and has the same legal and monetary status as notes and coins. More than just a ledger, eCurrency is an end-to-end solution that combines hardware, software and cryptographic security protocols to enable a country’s central bank to not only issue digital fiat currency, but also fully manage its operation, including the ability to monitor its movement through payments systems in near-real time a new, powerful monetary policy tool.

However, funds raised during this Series C round of investments led by Omidyar Network will make eCM’s path-breaking technology available to central banks around the world, enabling them to efficiently and securely evolve their national currencies to keep pace with today’s digital world.

L-R: Executive Director, Corporate and Investment Banking, Sterling Bank Plc, Mr. Kayode Lawal; Managing Director/CEO, Mr. Yemi Adeola and Executive Director/Chief Operating Officer, Mr. Yemi Odubiyi, during the 2015 Annual press conference on the activities of the bank in Lagos…on Thursday.

ance officer for the purpose of ensuring compliance with all regulatory guidelines and circulars.

The CBN said it reserves the right to accept any other qualifications or experience that it may from time to time consider as ad-

equate for a particular position in a BDC. According to the CBN, all appointments shall be in compliance with the requirements of Approved Person Regime and every BDC shall obtain prior ap-

Omidyar Network has announced a profit investment in eCurrency Mint (eCM), a Dublinbased company that has pioneered a new technology enabling Central Banks to issue digital fiat currency, called eCurrency.

The investment is part of Omidyar Network’s Financial Inclusion initiative, which focuses on supporting innovative technologies to massively increase reach and scale impact of affordable, convenient, and flexible financial services to consumers and small businesses globally.

Speaking on this development, Founder /CEO of eCM, Jonathan Dharmapalan, disclosed that as technological advancements have connected people globally, the payments industry has provided them with better,

digital ways to transact.

He stated: “If we think of digital transaction platforms as a system of pipes, then mobile has added the last miles of these pipes, and the internet is reaching people at the farthest corners of the world. But as this digital revolution has been taking place, the issuance of currency has essentially remained the same.”

Dharmapalan explained that eCurrency will enable central banks to do is to issue a single, safe digital currency instrument running through these pipes, making the entire system more secure, transparent, efficient, and more importantly, trustworthy, now backed by the country’s central bank.

He added that eCurrency also delivers major savings to govern-

CBN Exchange Rates

Month

Date

Currency

Buying(NGN)

Central(NGN)

Selling(NGN)

12/9/15

US DOLLAR

195.97

196.47

196.97

POUNDS STERLING

295.4444

296.1982

296.952

Minimum Rediscount Rate (MRR)

EURO

214.058

214.6042

215.1503

Monetary Policy Rate (MPR)

13

13

SWISS FRANC

197.6102

198.1143

198.6185

Treasury Bill Rate

11.2

10.88

YEN

1.5982

1.6023

1.6063

Savings Deposit Rate

3.48

CFA

0.3057

0.3157

0.3257

1 Month Deposit Rate

8.61

WAUA

270.5555

271.2458

271.9361

3 Months Deposit Rate

YUAN/RENMINBI

30.4813

30.5595

30.6377

6 Months Deposit Rate

RIYAL

52.2197

52.3529

52.4861

DANISH KRONA

28.6904

28.7636

28.8368

SDR

272.026

272.72

273.4141

Inter-Bank Call Rate

10.21

23.5

12.59

Inter-Bank Rates 12/15/15

OBB Rate

0.5000 - 0.5000%

13

12/10/15

OBB Rate

0.5000 - 0.5000%

10.77

12/9/15

Call Rate

0.5000 - 0.7500%

3.47

3.76

OBB Rate

0.7500 - 1.0000%

8.47

8.42

12/7/15

OBB Rate

0.5000 - 0.5000%

9.64

9.54

9.02

12/1/15

Call Rate

1.0000 - 1.0000%

9.74

9.46

9.88

11/27/15

Call Rate

0.7500 - 1.0000%

12 Months Deposit Rate

9.51

9.37

9.52

OBB Rate

1.0000 - 1.0000%

Prime Lending rate

16.86

16.77

16.9

11/25/15

OBB Rate

1.2500 - 1.5000%

Maximum Lending Rate

25.97

26.33

26.61

11/20/15

OBB Rate

1.2500 - 1.5000%

Capital Market B4

Daily Times Nigeria Friday, December 18, 2015

NSE investors gain N1.6b Stories by Adesola Akindele After declining for three consecutive days, lead Indicators of Nigerian equities market segment rose by 0.02 per cent bringing the All Share Index points 4.62 points higher to close at 26,953.05 points, while market capitalization added N1.6 billion to close at N9.267 trillion.

Market breadth likewise closed positive with 29 gainers against 12 losers. Leading the gainers table was Unity Bank Plc with an increase of 9.38 per cent or 0.06 kobo to close at 70 kobo per share followed by Continental Re-insurance Plc., which added 6.80 per cent or 7 kobo to close at N1.10 per share, while Cement Company of Northern Nigeria Plc., gained 5.00 per cent or 37 kobo to close at N7.77 per share.

Forte Oil Plc appreciated 5.00 per cent or N12.10 to close at N254.10 per share, while Total

Plc., increased by 4.97 per cent or N7.20 to close at N152.20 per share.

On the other hand, Skye Bank Plc led the losers with a decline of 6.06 per cent or 8 kobo to close at N1.24 per share, trailed

by UACN Plc., which depreciated by 4.98 per cent or N1.07 to close at N20.43 per share, while Mobil Plc., dropped 4.96 per cent or N6.57 to close at N125.84 per share.

Union Bank Nigeria Plc., also lost 4.84 per cent or 29 kobo to close at N5.70 per share, while A.G. Leventis Plc., fell 4.41 per cent or 3 kobo to close at 65 kobo per share.

At the end of the day’s transactions, investors on the Nigeria Stock Exchange had in 2,480 deals traded a total of 172.7 million shares worth N2.62 billion compared to a total of 196.5 million shares worth N2.1 billion traded in 2,781 deals on Wednesday.

Stock Market Report NSE lists NMRC 8b 15-year bond Nigeria Mortgage Refinance Company (NMRC) Plc, Nigeria’s first and only mortgage refinancing company has listed its 15 year N8 billion bond on the Nigerian Stock Exchange.

It should be recalled that the NMRC had earlier listed its N8 billion bond on the FMDQ OTC Plc, which carries a coupon rate of 14.9 per cent and will be due

in year 2030.

The company also recently listed 1.76 billion ordinary shares at N4 per share on NASD Plc; an over-the-counter (OTC) platform that trades on unlisted securities not listed on the Nigerian Stock Exchange (NSE) According to the company, the N8 billion bond is part of the company’s N140 billion Medi-

L-R: Chairman, Save4 Shelter Savings Promo Committee/Regional Bank Head, Apapa Regional Bank, Obaro Odeghe, Executive Director, Corporate Banking, Adeyeye Adepegba, Managing Director/Chief Executive Officer, Fidelity Bank Bank Plc., Nnamdi Okonkwo and Divisional Head, Retail Bank, Richard Madiebo all of Fidelity Bank at the 2nd Draw of the Fidelity Save4 Shelter Savings promo in Lagos recently.

Wigwe

Access Bank announces resignation of Dr. Mahmoud Isa-Dutse

The Board of Directors of Access Bank Plc has received the written resignation of Dr. Mahmoud Isa-Dutse as Non-Executive Director of the Bank due to his other work engagements requiring more time and attention.

The Board at its meeting held on December 16, 2015 accepted his resignation and expressed its appreciation for his dedication to duty during his term of service. The resignation takes effect immediately.

Dr. Isa-Dutse has confirmed that he has no disagreement with the Board and there are no circumstances connected with his resignation which should be brought to the attention of the shareholders of the company or

the regulatory authorities.

The Central Bank of Nigeria and the Securities and Exchange Commission’s Codes of Corporate Governance require every Board of Directors of regulated companies to have more Non-Executive Directors than Executive Directors subject to stipulated maximum size of Boards.

With the resignation of Dr. Isa-Dutse, the Bank now has 14 directors comprising equal number of Executive and NonExecutive Directors.

The Board has however stated that it “Is identifying right candidates to fill the resultant vacancies as soon as practicable and further announcements will be made as and when appropriate.”

um-Term Note Programme.

NMRC is licensed by the CBN to conduct mortgage refinancing business in Nigeria. The company was established with the public purpose of developing the primary and secondary mortgage markets by raising long-term funds from the domestic capital market with a mandate to encourage and promote home ownership in Nigeria by providing long term financial facilities to the mortgage lenders, thereby increasing the availability and affordability of mortgage loans to Nigerians.

Daily Times Nigeria Friday, December 18, 2015

B5 Capital Market

NSE DAILY ACTIVITY SUMMARY ( EQUITIES) 17-12-2015

Real sector digest B6 The boardroom is a very vital the company. Among many other things, here ad vises are given, policies are formulated and important decisions are taken. The board therefore be one of very high integrity. It is therefore expected that a board must be made up of the best of talents that can move the company forward that can ensure that the company will be home and dry. The article below (excerpts), sourced from Deloitte University Press, a unit of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee, discusses diversity in the boardroom. It is a must read for company governors and all that have stakes in companies.

Diversity in the boardroom has been a hot topic in recent years.

Does the traditional boardroom of a fairly homogenous group of individuals really have exposure to a wide enough range of perspectives to facilitate the most effective decisions and strategy for a company?

Does such a boardroom have exposure to a wide enough range of perspectives to facilitate robust discussions of issues that arise? Is there something missing? The dis-

Daily Times Nigeria Friday, December 18, 2015

Diversity in the boardroom (1) L-R: General Manager, MTN Nigeria, Northern Operations, Mr. Adekunle Adebiyi,; Executive Secretary, MTN Foundation Ms. Nonny Ugboma,; MTN Foundation Director, Col. Sanni Bello; Deputy Director, Federal Ministry of Women Affairs Ms. Nkechi Onwukwe; and MTN Foundation Science & Technology Scholarship Scheme Beneficiary, Ms. Olarenwaju Esther at the presentation of 6th MTN Foundation Science & Technology Scholarship Scheme in Abuja. cussion below seeks to understand the concept of board diversity in a global and South Africancontext and the case for andagainst heterogeneity in the boardroom. Furthermore, we will explore practical steps that a company can take to embrace

ENTERPRISE STROKES:

board diversityDiversity takes various forms in a boardroom and can be broadly categorised into the following elements: Skills, expertise and experience Having the optimal mix of skills, expertise and experience

Bad business etiquette can kill your business Siaka Momoh It surely can and must not be allowed in any business.

I remember quite well during my few years’ stint with MFP a satellite TV Receiving Systems production and Marketing Company in Lagos, as senior sales manager, my marketing director, Mike Adinlewa, told me ‘The customer is king.

Relate well with him. Make him buy your product by all means – even if he or she slaps you, let it be if it takes such action to make the customer in question put his or her money in your pocket.’

A recent incident concerning a rental company and a customer made me recall Mike Adinlewa’s tutoring. Mike Adinlewa is U.S-trained marketing expert who was one of the few who pioneered the introduction of Satellite TV System in Nigeria.

The rental company’s ‘manager’ – an untutored supervisor, talked down on a customer who could put in place an endless chain of business opportuni-

is paramount to ensure that the board as a collective is equipped to guide the business and strategy of the company. Traditionally, boards recruit from C-suite executives.

According to the Deloitte US 2014 Board Practices Report, C-suite experience was found to be one of

the top three desired board skills and experience in US public companies.

While the experience from Csuite individuals is invaluable, it may be beneficial for boards to broaden their definition of “boardready talent”.

Briefs The Minister of Power, Works and Housing, Babatunde Fashola, unveiled his agenda to recuperate the power sector. This includes introducing an appropriate pricing mechanism for power, improving the transmission capacity and identifying populous and industrial clusters.

The ex-Lagos state governor has identified a total of 142 projects of which 45 are at 50% level of completion, of which 22 can be completed before the year runs out, leaving 120 to be completed in 2016. Additionally, he promised to prioritize the completion of ongoing transmission contracts that will make room for expansion and remove constraints on power

Fashola’s grand vision transmission and distribution.

Furthermore, the ministry hopes to single out areas that are populous, industrial and commercial hubs, where improved power supply in that region will have a significant impact on economic growth and relative productive activities He plans to achieve all these by adopting the existing legal framework to attract embedded power supply to producers that are ready to pay for power.

ties. Too bad. And I had to step monly accepted social norms, in to advise his boss to tame him then by not using them you are or change him. sending a signal that casualwecomply.com gives an ex- ness is a main priority in your cellent tutorial on business eti- business, and that is probably quette: not the message you want to be Every word spoken on the sending, especially in this ecophone, every e-mail sent and ev- nomic environment,” Strauss ery meeting attended reflects on said. you and your company. When While poor business etiquette the employees involved in these may not lead to expensive litiinteractions lack business -eti- gation or federal law violation, quette skills, they may result in it can lead to lost revenue and lost leads and cold deals. While dwindling business connecoften overlooked, proper busi- tions. By providing businessness etiquette is vital to the suc- etiquette training on common The Nigerian Electricity Reg- leum, Dr. Ibe Kachikwu, disclosed cess of your company. topics, you establish consistenIn today’s marketplace, where cy within the workplace, which ulatory Commission (NERC) con- that the subsidy cost the governbusiness is conducted through reflects in your dealings with firmed that it will announce new ment over N1 trillion in 2015 and e-mail, social media, phone business contacts and ultimate- electricity rates once it concludes with tumbling crude oil prices and its regulatory meetings this week. decline in government revenue, calls and in-person meetings, ly on you.

The federal body would make its the system is no longer sustainbusiness etiquette training is What is the cost of bad busidecision based on various tariff able. a way to ensure your company ness etiquette? Why find out? proposals from government agenThe minister confirmed that and reputation remain intact.

Through proper business-etiIn a recent article appear- quette training, employees can cies and the 11 electricity distribu- subsidy will be reduced in 2016, leading to an adjustment in fuel ing on CBS Moneywatch, Steve learn the basics of workplace tion companies (Discos).

Fuel Subsidy to be removed in pump price to N97 per litre (pl) Strauss highlighted six busi- etiquette and the skills to rep2016 from the current N87pl. However, ness etiquette blunders as the resent your company as a place The federal government has if the adjusted regime still proves most offensive including email that puts business needs first. confirmed that a gradual withunsustainable, Kachikwu conetiquette flubs, tardiness and Make a good impression the drawal of subsidies will begin in firmed that the ministry would dress code bloopers. first time and you’ll get another 2016. proceed to totally remove the pe“If it is true that business eti- chance at business with your The Minister of State for Petro- troleum subsidy. quette is simply the use of com- clients.

Siaka Momohis a media consultant and publisher Realsectordigest.com and can be reached via siakamomoh@yahoo.com; 08061396410

New Electricity Tariffs

Daily Times Nigeria Friday, December 18, 2015

B7 Industry

Dangote acquirers 65.7 per cent shares of TBCG with N10b Stories by Charles Okonji Dangote Industries Limited, (DIL) has acquired 65.7 per cent shares of Tiger Brands Consumer Goods (TBCG) with a whooping sum of N10 to become the majority shareholder of the company, which have been facing financial challenges.

The Pan-African conglomerate, who acquired the TBCG to give it operational live-wire, stated this in press statement made available to Daily Times of Nigeria.

The statement says; “Shareholders are referred to the tiger brands announcement dated 16th November 2015, advising that tiger brands has decided not to provide further financial support with respect to its investment in tiger branded consumer goods Plc (TBCG).”

The statement advised shareholders that tiger brands and DIL collectively (the parties) have been in discussion in re-

Ogun, NSIA, Lafarge present forest landscape restoration initiative at COP21 climate change summit in Paris The government of Ogun State recently presented to the international community, its forest landscape restoration project at the Paris Climate Conference, COP21, following the memorandum of understanding signed in September 2015 by the Ogun State government, the Nigeria Sovereign Investment Authority (NSIA) and Lafarge Africa Plc. This PPP project focuses on transforming 108,000 hectares of heavily degraded land in Ogun State into an arable green area through a forest landscape restoration project aimed at launching public and private agro forestry projects with strong environmental, social and economic impact.

The project is a pioneering initiative demonstrating how proactive public entities can join forces with a private group to launch sustainable projects that will reposition Nigeria as a leader in Africa on sustainable Climate Change PPP projects.

With the theme “regional public/private partnership initiative against climate”, a two-day side event was organized at the green

spect of tiger brands shareholding in ‘TBCG’, explaining that the parties have reached an agreement regarding the terms of transaction.

According to the statement, the rational for the transaction is to ensure that TBCG is maintained as a viable going concern, able to retain its employees and meet its obligations to stakeholders, as that transaction envisages that sufficient capital will be injected into TBCG in order to stabilise the business and place it on a sustainable path aimed at creating value for its stakeholders.

The statement says; “Subject to regulatory approvals, DIL will provide TBCG with an immediate cash injection of 10 Billion. In return, tiger brands will divest its 65.7% shareholding in TBCG to DIL for a nominal consideration and write off its shareholder loans to TBCG. In addition, tiger brands will assume and settle outstanding

climate generations’ areas of the COP 21 venue to showcase this public/private partnership concept as a powerful tool for development, and to present the planned project to potential investors, development agencies, as well as Green and Climate Change funds.

The Ogun State Forest Landscape Restoration project partners led by the state Governor, Senator Ibikunle Amosun, was also hosted at an event, which was dedicated to local and regional government, raising ambition, awareness and visibility of real and potential local climate action.

Amosun stated; “the Forest Landscape Restoration project is a well thought initiative, in partnership with two responsible institutions, NSIA and Lafarge Africa. Almost 70 per cent of Ogun State is arable land. There is therefore a significant potential for improving lives and livelihoods. The agro-forestry project is a win-win opportunity for companies and citizens, offering a range of benefits.”

“Iit will reduce CO2 emissions by increasing vegetation and eliminating the current negative slash-and-burn practices; it will create employment for young graduates and will help to diversify Nigeria’s economy. The shortterm job creation necessity while preparing the climate change mitigation long-term challenge.”

Mr. Peter Hoddinott who is the Group Managing Director/ CEO Lafarge Africa Plc said “As a responsible organisation we are working to minimise the impact of our activity on the climate.

debt guaranteed on behalf of TBCG. The former directors of TBCG Mrs Olakunle Alake, Arnold Ekpe and Asue Igbodalo have agreed to re-join the brand of TBCG and have consequently been reappointed with effect from 10th December 2015.”

“The terms of the transaction will be set out in a Share Sale and Purchase Agreement (SSPA), which the parties will enter into. The transactions and its terms have to considered and approved by the Securities and Exchange Commission (SEC), in accordance with regulatory requirements. The parties will, as soon as is practicable, submit details of the transaction and the SSPA to SEC for approval.”

“Apart from the approval of the SEC, implementation of the transaction will also be subject to the fulfilment of certain conditions precedent, including approval of the Exchange Control Division of the South African Reserve Bank.”

Dangote

Odumodu

SON to introduce reference code for products in 2016 The Standards Organisation of Nigeria (SON) has announced that the agency has taken additional measures to combat the influx of fake and substandard goods into the country by introducing a reference code on products in 2016.

The Director General, SON, Dr. Joseph Odumodu, stated that by next year, every SONCAP certificate issued on products must have reference code to ease traceability of substandard products in the country.

Odumodu who stated this during a review meeting for 2015 with International Accredited Firms (IAFs) said; ”Going forward, we are introducing additional measures to improve the effectiveness of the SONCAP and some of those measures will be increasing our market surveil-

lance activities and within the first half of next year, to be precise by June, every product we find in the market place without a code, we will interrogate more painstakingly and by September, we will not allow any imported products without the code into the country.”

“What that means is that by September, any product we find within the market in Nigeria will be removed and destroyed. I have stated severally that the Nigerian economy deserves a lot more in terms of local manufacturing capacity and the only way we can achieve that is to ensure that Nigerian made products do not compete with products that are of questionable background and integrity,” he said.

According to him, in the last four years, SON has entered

agreements with the Chinese government, which he said never happened in order to deliberate on how best to combat the influx of substandard goods into the country. ”There is a renewed commitment from the Chinese government but we need to see this in action. Even without that agreement, the initiative we have put in place in SON would actually help us to clean up the markets.

The major provision of what we put in place is the ability to repatriate products and get your FOB value, and the Chinese must ensure that we get certified products in Nigeria. The challenge we have is that our own people go over there to ask for something that looks like the real products. If people cannot go to the United Kingdom or the United States of America to get what looks like the original, why should they get them in China,” he added.

The DG noted that the agency is also focusing on product liability, stressing that anybody who sells a substandard product would be held accountable till the agency traces the original manufacturer of the substandard product. ”If I walk into a shop to get a product and it is substandard, it is the person who sold that product that has the liability and until we are able to trace the product to the original owner, the seller of that products will be in our custody. What we are also saying is that we are putting some responsibility on the retailers and wholesalers.

Entrepreneurship B8

Daily Times Nigeria Friday, December 18, 2015

The fundamentals of entrepreneurial exploits (2) ‘‘In the concept of circular economy, businesses utilise their used resources that ordinarily would have been disposed of, through improving and lengthening of the products life and effectiveness, thereby providing a cheaper and steady source of raw materials and supplies.’’

Nwaodu Chukwuemeka In continuation of our discussions of the previous week on the very foundations of business and what the focus should be, we begin with the important issue of circular economy, which in Africa is largely unknown and not very much in practice yet.

For anyone to do exceedingly well whether in business or not, waste must be fully controlled and reinvented to resourcefulness. In the concept of circular economy, businesses utilise their used resources that ordinarily would have been disposed of, through improving and lengthening of the products life and effectiveness, thereby providing a cheaper and steady source of raw materials and supplies.

Secondly it provides longevity and durability to resources and products, while promoting environmental concerns. By so doing the confidence level and trust of the consumers and suppliers are enlarged, because the life span of these products and their durability and effectiveness are improved. This is achieved through either reusing organisation’s products that ordinarily would have been disposed of, or by re-circling of used products, it can equally be through the repairing and improving on the quality of these used items in order to bring it to effectiveness again.

Examples are the re-using of company’s shopping bags, offering after sales repairs and maintenance services, to actual re-circling. Each of these ensures that waste is minimised and products circle are elongated, thereby building more confidence in its durability and effectiveness. This can go for our computer and cell phone businesses, as well as the automobiles, household equipment and electronics. The impact of this would be a minimum of a hundred per cent jump in revenue and customer loyalty.

Another salient point for entrepreneurial exploits that must be noted is the twenty four hour

business model, the secret of which is that it turns business centres into the convergence points of the city and a place of surety as to getting any item the customers are looking for.

Nothing can be compared to this advantages, in that it automatically turns your business into a cash cow and resource centre.

Although in Nigeria one would have to bother about security, logistics and accessibility of customers to this points at odd hours, but it can be arranged and taken care of by working in consonance with the authorities to make it happen, which will secure the business success by rare means. Some businesses are specially located in places where they are naturally disposed to practicing this model and reaping the benefits without having to bother about security, or customer accessibility.

In such circumstance getting into it will unleash all the benefits of the twenty four hour economy which are numerous.

This concept would naturally work without having to worry about any of these issues in locations like the city centres, locations in proximity to popular spots, and elite hotels and hospitality centres, hospitals and military/para military centres,. If your businesses are located near these locations, I see no reason you shouldn’t take the advantages of the twenty four hour economy and reap the benefits in creating more wealth and enlarging the opportunity space in your community.

Best product knowledge is required to make distinction in marketing of any product, for how do you sell a thing you know little or nothing of. It is therefore of paramount importance that you have at your finger tips the in-depth knowledge of your products, which includes usage and impacts, effects, etcetera.

A good business person must know inside out his products in order to guide the customers aright in their purchases, as product guide is important in helping the customers make up their mind in purchasing a product.

Enelamah, Minister Trade and Investment

A good business person also needs to maintain a product support and after sales service to assure and guarantee the customers of the longevity, durability and saisfaction with the products they purchase from them.

This is good because if you must attract repeat patronages, the customers must be happy and satisfied with the transactions they make with you, for this is the beginning of success in business, because if you can’t keep customers coming back, how do you get to make your huge turnovers to remain in business.

The contemporary business model is that of building alliances and collaborations, there is no way you can effectively make the customers happy and satisfied without working in synergy with other organisations and individuals that provide allied ser-

vices to yours. For instance you need to be in collaboration with repairers and maintenance people, if you are in the business of generators sales, pending when you are able to build a fully integrated system to provide all the value chain in your business, even then you will need logistics support, to help transport products to customers destinations and from there in maintenance cases. One will always need collaborations for effectiveness in business.

Since whatever we do in business to succeed, all the equipment and machinery we employ, whatever strategies we come up with, they will still have to be run by humans, therefore the interest and welfare of these people should be of paramount importance. So many business people believe that money spent

on human resources is an expenses, whereas it’s investments because the motivation, competence and health of your staff determines the productivity level of your business and for sustainability of your business success, this has to be maintained, in fact the same goes for your other stakeholders in your value chain, like the suppliers, distributors and agents, they all have to be happy and well motivated to give in their best for the success of your enterprise and this is key, if you must get to that pinnacle level in business and remain there. Succeeding is one thing, remaining successful is another, so if your goal is sustainability, then on a continual basis practice all that we gone through in our these weeks of discussions. I wish you all the best.

Nwaodu Chukwuemeka, is a consultant with IDEAS Exchange Consulting, Lagos. He can be reached at nwaodu.lawrence@hotmail.co.uk (07066375847).

Life &

TIMES Friday, December 18, 2015

Seyi

Sodimu:

The eclectic musician

Interview L2

Daily Times Nigeria Friday, December 18, 2015

Seyi Sodimu:

I’m back to take my place in Africa’s music movement Seyi Sodimu is a Nigerian singer-songwriter, commonly referred to as “Seyi Music”. He is best known for his hit single “Love me Jeje, Love me Tender”, featuring Shaffy. The Nigerian International artiste is now based in Nigeria. Recently, he released a brand new single titled (pele pele) which is a re-make of Ebenezer Obey’s (ore mi se pele pele). Seyi, who is one of the pioneers of the new Nigerian music sound, has been absent from the music scene for a while to pursue other business ventures including real estate, fashion, automotive, and many other businesses. His last single, Gbedu was released few years ago. Seyi’s style of music is called Afro-soul which is a fusion of African music, soul and high-life. The style is adult contemporary and is geared towards a matured crowd while at the same time appealing to the youth and the masses. In this interview, he spoke on his career and family. Excerpts:

Life&

T E A M

You’ve been away from the music industry for a long time, what have you been up to?

I decided to take some time off to focus my energy on building a business empire. So I have been investing and establishing several businesses including a fashion line in the US, real estate development in Nigeria, automotive sales as well as raising my kids.

But throughout all these, I am still involved in entertainment in the background, finding new talents and investing in established artists. And I never stopped recording songs.

Your new single is a re-make of Ebenezer Obey’s song, what

influenced the decision?

The remake of the song by Ebenezer Obey has always been one of my favourite songs of all time, because of the message and the melody. I love highlife and juju music. And Ebenezer Obey is my favourite Nigerian artiste. I love his music, his lyrics and his compositions are evergreen. I am blessed to be related to him and he gave me his blessing and encouragement when I visited him recently in Abeokuta to take his permission. He is like a father to me. I must say we are really close.

After this song, what’s next?

Like I said, all through the years I never stopped recording. So I

Movie & Music Correspondent Mutiat Alli

have plans to keep my unique style of music coming and I’m working with a very good team in Bankulli entertainment and with the likes of SHIZZI (Seyi Akerele) to produce some of my new materials. It is time to take my place in Africa’s Music movement.

How would you describe the growth of the music industry now compared to when you started?

The music industry in Nigeria and Africa has grown tremendously in the last six years, and the structure is still not there yet, but the talent, the media and the people of Nigeria have decided to take music seriously, which I

Society Correspondent Isaac Oguntoye

Photography Quadri Olowolagba

have always said all along. There is still some work to be done, but social media also has played a very vital part of music growth in Nigeria. Also I want to applaud the big companies like the telecom companies, banks and others who have invested heavily in music and I urge both Federal and state governments should follow their lead.

Now that you are back to music, what do you really want to achieve with it?

I will like to take my place as one of the pioneers of the new sound of Nigerian music, and to continue to produce and record great music and leave the rest to God.

Graphics Sunday O. Emmanuel

Tell us more about your family?

I am married to a beautiful Nigerian woman from Ondo State and I am blessed with two wonderful children, a boy and a girl.

We are one very close and happy family.

What’s your wife and kids doing?

My wife is an entrepreneur. She runs a group of schools. She is also a co-founder of the Alicemay Hope Foundation which is a NGO devoted to educating women and female children in impoverished areas, alongside my daughter.

My children are in school in the United States.

Daily Times Nigeria Friday, December 18, 2015

Stephen Omamuli’s Class Hospitality honoured Sunday December 6, 2015 was another memorable day for many distinguished personality, corporate organisations and some political class especially those who have really shone like shinning light in their endeavor. It was at the 10th edition of the Ikeja City Award held in Lagos when Lagos Bigboy Stephen Omamuli’s Class Hospitality was rewarded with Best Hotel Services Company to have emanated from the expansive largest business City in Nigeria. The Annual event which marks its decade according to the

organiser, Solkem Nigeria, painstakingly collected nominations and carefully selected winners out of the lots that were screened.

Omamuli who was in UK for official assignment was represented by his team at the well attended event which also saw award being given to Nnamdi Ezeigbo’s Slot Nigeria, Tayo Ayeni’s Skymit, Senator Oluremi Tinubu as well as Hon Adedamola Kasunmu of Lagos House of Assembly among many others.

Senator Ita Giwa gets new appointment Senator Florence Ita Giwa, aka Mama Bakassi, appears to have inscribed her name on the sand of time. And if information reaching us from the grapevine is anything to considered then we can tell you authoritatively that she has been appointed as the as the Chairman of the Cross Rivers State Ports Authority.

In case you don’t know, ItaGiwa joined politics and emerged as NRC chairman for Delta State. Thereafter, she was elected a senator of the Federal Republic.

After leaving the senate in 2003, she joined the People’s Democratic Party (PDP), and became President Olusegun Obasanjo’s Special Adviser on National Assembly Matters.

Omamuli

Ita Giwa

L3 Society Gists

Ex-internationals raise awareness against HIV/AIDS, stigma and discrimination with novelty match As part of plans to provide over 7,500 persons across Nigeria with free HIV Counselling and Testing (HCT) as well as reach over 3.5million people with Information, Education and Communication (IEC), the Nigeria Red Ribbon Coalition, an alliance of Non-Governmental Organisations (NGO’s) and private sector partners organised a celebrity novelty football match last weekend to commemorate this year’s world’s AIDS’ Day. The HIV/AIDS awareness novelty match which was one of the headline events of the week-long outreach, held at the University of Lagos, (UNILAG) Sports Complex, Akoka, Lagos on Saturday December 5, 2015. A crowd of soccer enthusiasts and stakeholders converged in the sports complex to witness the match.

The match offered an opportunity for people within the Yaba community in Lagos to access free HCT, as well as receive up-to-date information about HIV/AIDS in a friendly environment.

The match was between Team Ex-Super Eagles which featured former Nigeria football exports like Ifeanyi Udeze, Taiwo Enegwa, Victor Agali and Abdul Issa; Team Corporate, which included staff of Coca-Cola Nigeria Limited, YEDI, and NEPLWAIDS. Team Ex-Super Eagles won by a lone goal.

Speaking at the event, the Director of Public Affairs and Communications, Coca-Cola Nigeria Limited, Clem Ugorji, reiterated the company’s commitment to sustainable development of the communities in which they operate.

His words: “We are one of the frontline companies that, over the past 10 years have invested significantly in the fight against HIV/ AIDS. The essence of this program is to create awareness and more

importantly, educate on how infected patients can manage themselves. It is an all-inclusive program which entails awareness, testing, counselling and continuous follow up treatment, if needed.”

Speaking further on the partnership, the convener of the coalition, Emeka Mba, who is also the Community Affairs Manager, Coca-Cola Nigeria Limited, stated that “the fight against HIV/AIDS was a fight by all and that any victory was a victory for all”.

“The novelty match is designed as a public endorsement of the campaign against stigmatization.”

The objective of the game is to foster a sense of social inclusion with the People Living With HIV/AIDS (PLWHA)”, he said.

Commenting on his involvement, Ex-Super Eagles Footballer, Taiwo Enegwea who participated for the third time in a HIV-related novelty match, noted that it was his way of contributing his quota as the world moved toward the eradication of the disease as well as the stigma.

Enegwea said that, “I am participating out of my goodwill. This is my way of encouraging those living with HIV/AIDS that it is not the end of the world and they are not outcasts in the society. People should also educate themselves on the disease and should not stigmatize any HIV/AIDS victim”.

On her part, the Executive Director of YEDI, Anu Ishola, who was represented by Mr. Philip Obialor advised stakeholders to fight the disease together in order to play out this year’s World AIDS Day theme, ‘Getting to Zero.’

While thanking Coca-Cola Nigeria Limited and MACAIDS Fund for funding the coalition, Ishola praised the professionalism, sacrifice and dedication brought to bear by members of the coalition.

Brila FM boss, Larry Izamoje set to open Brila Sport TV Larry Izamoje is no doubt a big name in the sport business in Nigeria. He did not only carve a niche for himself in the industry but also broke a new ground by establishing the first ever sport radio in

the country, Brila FM. As if that is not enough, the agile sport entrepreneur we gathered is planning a sport TV which will start running any moment from now. In his words: “We plan to slightly move

again because as you know the telephone is beginning to be everything everyone needs. People talk of video on demand, audio on demand, so we are tinkering the idea of a digital picture based service,

audio visual service which we want to call, Brila Sport TV, it is already being test-run and early next year we should be able to tell Nigerians that we have come on stream with it fully.”

Izamoje

L4

Daily Times Nigeria Friday, December 18, 2015

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Daily Times Nigeria Friday, December 18, 2015

L5

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TERMS AND CONDITIONS APPLY

Society Gists L6

Daily Times Nigeria Friday, December 18, 2015

Isaac Oguntoye

BUHARI OMO MUSA’S LIFESTYLES

At the dedication of the Church’s Children Auditorium, during the 10thAnnual Convention last year

New Pentecostal Centre celebrates 11th Convention The New Pentecostal Christian Centre (TNPCC), Ibadan, Oyo State is in celebration mood as it marks its 11th Annual Convention.

The one-week ceremony commenced on Monday 14th December with a business seminar on starting a new business. On Tuesday, there was a youth discussion programme titled Single and Mar-

ried delivered by Pastor (MRS.) Aladeniyi.

Last Wednesday and Thursday was a revival programme to win souls and deliver the afflicted while Friday will be a Varieties evening featuring Christian drama, film show and choir ministration.

Saturday 19 December will feature a couples’ dinner, titled Re-

The Tanke honeymoon was however short-lived as the babe and Buhari took separate lanes over irreconcilable differences.

The gist here is that Buhari is now ever cautious and conscious in his dealings with the public and access to him is restricted even on phone. There are barriers in the way of those who want to interact with him or even invite him for events as strict and rigorous screening is applied while there are ‘boys’ at his Ogidi residence for surveillance 24/7.

branding your Marriage while the weeklong activities would be rounded off on Sunday with a thanksgiving service where host Minister, Prophet Sola Sokunle who just came back from a five-month ministerial work to UK has assured that God will work wonders. Ministering is an esteemed man of God, Reverend Emmanuel Iloh.

I’ve never assaulted anybody in my life

Buhari omo Musa

Razaq Lawal

–Top socialite, Abbey Onas clears air Youthful entrepreneur and top socialite, Abiodun Onasanya popularly known as Abbey Onas is the chairman of ZGM LTD and ENERGIO OIL & GAS Nig Ltd. The renowned oil and gas merchant whose giant strides in the sector has opened so many business opportunities for the organisation both home and abroad is not leaving any stone unturned.

The soft spoken dude is not just a hard worker who believes in teamwork, he has a very humble personality and this reflects in the way and manner with which he relates with people regardless of their social standing.

Recently, the amiable gentleman of many parts was wrongfully accused of assaulting one Mr Idowu Salawu at an event held at the Grandeur Event Center, Ikeja, Lagos and he was charged to court. But we learnt that later, the same Mr Idowu Salawu went back to court to withdraw the case claiming it was a mistaken identity.

According to Abbey Onas “Yes, I saw the story and I was surprised when I was alleged to have assaulted one Mr. Idowu Salawu

Popular Islamic cleric, Alhaji Buhari Musa is no doubt having it good. The dude better known as ‘entertainment Alfa’ has paid his dues when it comes to producing albums and he has successfully dwarfed the records of a good number of musicians. He stays in Ogidi area of Ilorin and picked a second wife two years back. The babe, a university graduate, then lived in Tanke area and the ‘entertainment Alfa’ practically relocated there while the eldest wife remained at the Ogidi residence.

who happens to be my friend. Though, he has withdrawn the case from court after he realized I wasn’t the one. But I was astonished to see it on social media and blogs that I was arrested for assaulting someone which never happened. The truth is: I’ve never assaulted anybody in my life because I’m a law abiding citizen and I know what law says about fundamental human right.

So, to set the record straight, I did not assault anybody, in fact it was the same Mr. Salawu that went to court to withdraw the case and even wrote an apology letter to me through his lawyer. Aside that, I learnt they said I’m a member of one Abe Igi Anu Club. The only club I belong to is International Federation of Red Cross and Red Crescent Societies”.

loses Dad

Onas

Former Commissioner for Special Duties under late Admiral Mohammed Lawal’s administration in Kwara State, Alhaji Razaq Lawal is bereaved.

His father, Alhaji Muhammadu Lawal Amosa Eleran died last week.

A Fidau prayer for the repose of his soul was held at the Ilorin’s family house. Renowned preacher, Sheik Sulaiman Dan Borno who spoke at the fidau prayer urged politicians to close ranks and work together for the growth and development of the state.

Dan Borno was delighted by the presence of government officials and chieftains of the All Progressives Congress (APC) at the fidau despite the fact that the

son of the deceased is a notable opposition figure. He charged the opposition elements to give the APC government the necessary support to succeed and urged those in government to see members of the opposition parties as partners in progress. Isiaka Gold, SSG, representatives of the Emir of Ilorin, Alhaji Ayuba Sarkin Salama, Alhaji Salihu Olarongbe, Sarkin Driver, the Grand Kadi, Sharia Court of Appeal, Justice Salihu Mohammed, PDP Chairman, Akogun Iyiola Oyedepo, Prince Sunday Fagbemi, Rasaq Mahmud, Hon. Mashood Mustapha, Alhaji AbdulGaniyu Olododo-Cook, Alhaji Sulaiman Olowojare, Alhaji Mudi Gold were among dignitaries at the event.

Daily Times Nigeria Friday, December 18, 2015

L7 Society Gists

Socialite, Otunba Onakoya’s divorce with wife gets messier The end seems not in sight to the controversy that characterized the relationship of Socialite, Otunba Babatunde Onakoya and estranged wife, Mrs Olayinka Onakoya who has since moved out of the businessman’s house after irreconcilable differences some months ago.

The crisis has continue unabated as a source said the petition written to the Nigeria Police Inspector General, Solomon Arase by the socialite cum-politician lawyer on how his estranged wife allegedly stormed the Popular Ijebu-Ode Club, Ijebu-Ode, Ogun State with acid in a desper-

ate move over her grievances in their marriage but was prevented by security operatives attached to the Club.

It will be recalled that Mrs. Onakoya moved out of her matrimonial home after a quarrel over the alleged discovery by Otunba Onakoya that his estranged wife possesses three different names she uses to operate three bank accounts, all contained in the petition. Mrs Onakoya has also allegedly been banned from entering Ijebu-Ode Club, officially by the management of the International Club after several thwarted attempt to forcefully gain entrance.

In a letter signed by Honorable General Secretary of the Club, Barr Gbenga Omilola, the Club condemned the act of Olayinka for hiding under the pretence of wanting to see Mrs Bisi Lawal and Otunba Oduwole both club members, but rather with ulterior motive targeted at Otunba Onakoya, a Club member they have all the right to protect within complex of the Club. Meanwhile, the petition written to the IG on threat to his life as well as the letter from Ijebu Ode-Club have been sent to relevant authorities even as events continue to unfold in the marriage controversy.

Shade Okoya’s media publicist, Ola Ayorinde buries mum in style Friday, December 4, 2015, the ancient town of Iyere, Owo, in Ondo State played host to eminent personalities from home and abroad who had come to join the Ayorinde families to celebrate the life of their mother, late Mrs. Eunice Olabimpe Ayorinde (nee Adejoro). The late Mrs. Olabimpe, who slept in the Lord on September 14, 2015, was buried on Friday, December 4, 2015. She was survived by many children and grandchildren.

Ola Ayorinde

Bloom designs CEO, Kikelomo Akinsola mourns Kikelomo and late husband

The household, friends and well-wishers of the Akinsola’s are still mourning the death of their son, Elder Tokunbo Akinsola, a Shipping guru and Managing Director of Pokat Nigeria Ltd. He was the husband of top Event Planner and Decor, Mrs Kikelomo Akinsola. The sad incident which occurred November 17, 2015 during a brief illness after the age of 54 remains a shock to everybody who has come across the very amiable businessman. Service of Songs for the deceased held on Thursday, December 10, 2015 at GMC Auditorium, GRA, Ikeja, while funeral service and interment follows at Vault & Gardens, Mayfair, Lekki-Epe Expressway.

Otunba Onakoya

e r e h W ‘N’ hen W What: Mavins concert When: December 23, 2015.

Where: Eko Boulevard, Eko Atlantic Victoria Island, Lagos.

Daily Times Nigeria Friday, December 18, 2015

L8 TV guide

Showing on

Showing on

166 Z WORLD Channel

127 SONY Channel

01:00

02:10

Fri, 18 Dec | PG

Fri, 18 Dec | 16

‘S1/E13 - 1/13’. Daljeet’s mother and Sahiba get off on the wrong foot. He then takes the opportunity to tell his Mother what Sahiba means to him. Ranveer finally finds a way to reach out to Sahiba.

101 M-Net West

01:30 I, Frankenstein 03:05 The Calling 05:00 The Ellen DeGeneres Show 06:00 Modern Family 06:30 Blue Bloods 07:30 The Fixer 08:30 Gambit 10:00 Entertainment Now! 10:30 2 Broke Girls 11:00 The Ellen DeGeneres Show 12:00 MasterChef Australia 13:00 Nashville 14:00 Arrow 15:00 Marvel’s Agents Of S.H.I.E.L.D. 16:00 The Ellen DeGeneres Show 17:00 The Goldbergs 17:30 The Voice 18:30 Grey’s Anatomy 19:30 Mysteries Of Laura 20:30 Elementary 21:30 Carte Blanche 22:30 The Frozen Ground 23:00 Strike Back

154 Africa Magic Family

00:00 The Patient 01:10 Rovieno 02:25 53 Extra 03:00 Good Morning Africa 04:10 Coco Bill 04:30 Perfect Imperfection 06:00 Good Morning Africa 07:00 Star Gist 07:25 Rovieno 08:40 Living With Trisha

120 BBC Entertainment

118 Telemundo

00:30 The Impostor 01:20 The Impostor 02:10 The Impostor 03:00 The Impostor 03:50 The Impostor 05:20 The Del Monte Dynasty 06:10 Labour Of Love 07:00 Part Of Me 07:50 Queen Of Hearts 08:40 The Impostor 09:30 Forbidden Passions 10:20 Labour Of Love 11:10 Part Of Me 12:00 Queen Of Hearts 12:50 The Impostor 13:40 Forbidden Passions 14:30 Labour Of Love 15:20 Part Of Me 16:10 Queen Of Hearts 17:00 The Impostor 17:50 Forbidden Passions 18:40 Labour Of Love 19:30 Part Of Me 20:20 Queen Of Hearts 21:10 The Impostor 22:00 Forbidden Passions 22:50 Labour Of Love 23:05 Would I Lie To You? 23:35 QI

09:30 The African Child 10:00 Good Morning Africa 11:00 Tinsel 11:30 Star Gist 12:00 Music Block 13:00 At Home With Michelle Attoh 14:00 Prem 14:30 Goge Africa 15:00 Family Ties 15:30 At Home With Michelle Attoh 16:30 Living With Trisha 17:30 Comfort Zone 18:00 Meet The Adebanjos 18:30 Jane And Abel 19:00 Tinsel 19:30 Star Gist 19:55 Rovieno 21:10 Family Ties 21:40 53 Extra 22:05 Living With Trisha 23:40 Music Block

‘S1/E7 - Blazing Fury’. Nikki McPhatter had just begun a torrid romance with a man she met online. But Nikki’s love life took a horrifying turn when she suddenly went missing.

155 AfricaMagic World

00:35 Ten Tigers Of Kwangtung 02:05 Most Shocking 10:30 The Cube 00:05 New Tricks

11:20 New Tricks

01:00 The Cube

12:20 Top Gear

01:45 Come Dine With Me

13:10 Come Dine With Me

02:35 Downton Abbey

14:05 Total Wipeout UK

03:30 EastEnders

15:05 The Weakest Link

04:00 EastEnders

16:00 EastEnders

04:30 EastEnders

16:30 Deal Or No Deal

05:00 Spy

17:10 The Cube

05:25 QI

18:05 Who Wants To Be A Millionaire?

06:00 Fool Britannia

19:00 Celebrity MasterChef

06:25 EastEnders

20:00 Hell’s Kitchen USA

07:00 Antiques Roadshow

21:00 Hell’s Kitchen USA

07:55 The Weakest Link

21:50 The Graham Norton Show

08:45 The Chase

22:40 Would I Lie To You?

09:30 Total Wipeout UK

23:45 Tanked

161 Mzanzi Magic

00:40 Good Morning Africa 01:40 The Dzigbordi Show 02:30 Good Morning Africa 03:30 Good Morning Africa 04:30 Prem 05:00 Good Morning Africa 06:00 My Good Will 09:10 Good Morning Africa 10:10 So Wrong So Wright 10:35 So Wrong So Wright 11:00 Lies That Bind 11:30 Lies That Bind 12:00 Jara

12:30 Jara 13:00 Music Block 14:00 53 Extra 14:30 53 Extra 15:00 Kakibe Ki 15:30 Noose Of Gold 16:00 Foot Print 16:30 Lies That Bind 17:00 Lies That Bind 17:30 Star Gist 18:00 Star Gist 18:30 Star Gist 19:00 Prem 19:30 So Wrong So Wright 20:05 Revelation 21:30 Jara 22:00 Music Block 23:30 Looking In, Looking Out

03:00 Most Shocking 04:00 Exposed 04:30 Exposed 05:00 Criss Angel Mindfreak 05:25 Exposed 05:50 Exposed 06:15 Video Zonkers 06:40 Repo Games 07:10 World’s Wildest Police Videos 08:10 Disorderly Conduct: Video On Patrol 09:10 South Beach Tow 09:40 Most Shocking 10:40 Most Shocking 11:40 Video Zonkers 12:10 Repo Games 12:40 World’s Wildest Police Videos 13:40 Disorderly Conduct: Video On Patrol 14:40 South Beach Tow 15:10 Exposed 15:40 Criss Angel Mindfreak 16:10 1000 Ways To Die 16:40 Video Zonkers 17:05 Repo Games 17:30 World’s Wildest Police Videos 18:30 South Beach Tow 19:00 Disorderly Conduct: Video On Patrol 20:00 CB4 21:25 Poorman’s Bikini Beach 21:55 Sexy Car Wash 22:25 Most Shocking 23:10 Martin Lawrence 1st Amendment Standup 23:30 The Real