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NIGERIA INDEPENDENT NEWSPAPER. EST. 1926 WWW.DAILYTIMES.NG https://plus.google.com/+DailytimesNgr/posts

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Mathew Dadiya Abuja

ÏÏÏFormer President, Dr. Goodluck

Jonathan, has denied the allegation that he was one of the key sponsors of the Niger Delta Avengers (NDA) who have been attacking oil pipelines and other critical infrastructure in the Niger Delta region, describing the

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YEARS OF JOURNALISM

allegation as malicious.

A factional group of the NDA called Reformed Niger Delta Avengers (RNDA) named Jonathan, Senator Godswill Akpabio, Governor Seriake Dickson, Governor Nyesome Wike and other prominent men from the zone as been behind the militants’ Continued on page 6

N150

MONDAY, AUGUST 8, 2016 VOL. 2. NO. 168

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GAINERS AS AT 4th August, 2016 CUTIX

90

Sponsorship of Niger Delta Avengers: Count me out-Jonathan

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The

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Property Club

The Daily Times of Nigeria Plc, the nation’s heritage and legacy newspaper has concluded arrangement to float Nigeria’s first property club.

The innovative Real Estate Club in the nation’s newspaper industry, proposed for every Thursday, is a new platform for complete and sustained interface between operators and potential clients.

Gé`ë RƋƑƄ Ɨ Ƈ 9Ƅ Ɨ Ƌ Ɨè RƄ d ƋƈƑ ƗƆƐƑ Ɖƈì 1 ƒƆƏ Ə Ƈ G dƐ ƐƆè LƏê Ɗƈ ƓƑ ƌƈ ƌƄ ƗƆ Ɨ M Ɛƈ Ƌ GƆ ƗƆƏè ƋƋ ^Ə ƏƆ ƈƒƆ ƏƆ è æ ^ çè ƈƓ ƉƑ The club scheduled for inaugu Ƌ jƈ ƑƄƑ ƗƑƏƈ ƅ ƑƏƐƆ ƕ ƒƈ ƈƐ Ƈ RƄ ƗƆƐƑ Ɖƈ Ɛ jƈ ƑƄƑè ƈ G Č Ɛ Ɛ Ɔ ƓƆƆƊƆ Ɨê ration in the second week of September, allows property companies time to register for membership. All intending members are expected to pay N200, 000 per annum as subscrip8 6 tion fee.

INCENTIVES FOR MEMBERS 1. Three free adverts for members per year.

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We received g N15.1m ransom on kidnapped Lagos monarch – Suspect

Dogara g wants to kill me, says Jibrin

FG shuts down Apapa Bridge for repairsg

2

Daily Times Nigeria Monday, August 8 , 2016

Daily Times Nigeria Monday, August 8, 2016

Page Three Æ s

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Editorial Alarming gully erosion in South East

I

f there is any topic that has dominated national discourse in recent times, it is that of gully erosion in the South East geopolitical zone. Indeed, this ravaging force of nature in the zone and other parts of the country is not only alarming but also concentrating minds on how to combat the menace. The formation of gullies has become one of the greatest environmental disasters facing many towns and villages in southeastern Nigeria.

The region is fast becoming hazardous for human habitation, even as the governors are demanding the imposition of a state of emergency as a necessary step towards checking the scourge. The sheer magnitude of the problem is not only beyond the capability of the regional authorities to handle, the gullies have sacked towns and villages while forcing thousands of residents to relocate to safer communities.

Worst hit among the erosion prone areas are the towns of Nanka and Ekwulobia in Anambra State, where large tracts of land have been destroyed in recent years, even as highways running through them have been ruined by yawning gullies, leading to numerous accidents and deaths.

In fact, the menace of gully erosion in the South East has reached an epidemic intensity. However, we are happy that the scale of the problem is eliciting both national and international attention.

Only recently, some Senators visited the affected areas and promised to bring Federal Government’s attention to the menace. Before the Muhammadu Buhari administration, the immediate past government of Goodluck Jonathan disclosed that the administration was negotiating with the World Bank to raise $400m special

fund to tackle erosion in the South East. So far, Nigerians are yet to know the status of that fund since the Jonathan administration left office. That should not be so, given that government is a continuum.

Aside, the South East, the incidence of gully erosion is rearing its head in places such as Edo, Cross River, Rivers and Kogi states. That is why the authorities must act immediately to halt the spread before the fury extends to other parts of the country. Before then, it is pertinent that the governments and other stakeholders carry out sensitisation campaigns on the causes of gully erosion.

It is embarrassing that until now, the authorities have continued to pay scant attention in this regard. It bears repeating that some gullies result from natural cracks in the earth, even as most of are unnatural and can be prevented. Majority of them are traceable to bad management practices such as roads without proper drainage or catchments; unguided farming practices that cause flooding, indiscriminate felling of trees and improper chanelling of floodwater, etc.

For long, there have been calls for funding of huge engineering projects to curb erosion menace in the country.

In the meantime, we call for immediate control measures that include reduction of surface runoff from impervious surfaces; drainage of surface runoff that would include the construction of interception ponds.

Most importantly, the people should be encouraged to plant grasses in open spaces to reduce the amount of bare soils exposed to the erosive force of the rains.

In addition, there should be intense forestation in areas more susceptible to gully formation including the planting of indigenous leguminous plants to stave further menace.

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Former member, House of Representatives, Hon. Michael Opeyemi Bamidele (middle), with well-wishers during his birthday in Abuja... at the weekend.

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A cross-section of congregations during their sacrament of confirmation at the Saint Peter Clever Chaplaincy in Abuja… on Sunday.

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Minister of Information and Culture, Alhaji Lai Mohammed (left) and a stakeholder during an interactive session with Tourism Correspondents in Lagos… at the weekend.

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Chinua Achebe

Nelson Mandela

Wole Soyinka

“A man who makes trouble for others is also making trouble for himself”

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

“The greatest threat to freedom is the absence of criticism.”

4

Daily Times Nigeria Monday, August 8 , 2016

Daily Times Nigeria Monday, August 8, 2016

5 News

News Analysis Ike Ekweremadu: Giving a dog a bad name Agozino Agozino

ÏÏÏ If you read Nigerian news-

papers recently, it is apparent that the cat and mouse politics in the Senate is playing out another vista. Ever since Senator Ike Ekweremadu emerged as the Deputy Senate President, the die seemed to be cast between the Peoples Democratic Party (PDP) and the ruling All Progressives Congress (APC) Senators. As I have always said, the real tragedy of Nigeria is not only what corrupt and inept public officers have done to the country. Rather, it is also the damage of what the self-serving campaigners are doing to the country.

The legal battle over alleged forgery of the Senate Standing Rule used in the inauguration of the Senate leadership is ongoing in which Ekweremadu has faced orchestrated criticism because his party shares power in the Senate with APC, the first time in the political history of the country.

It is known fact that Ekweremadu’s emergence as Deputy Senate President did not go down well to some forces because ‘godfatherisim’ did not play a part in the Senate selection of their principal officers.

His on-going persecution has a political undertone on the part of the Igbo stock being schemed out in the political scene.

Marginalising of the South East is glaring in the present political setting expressed by analysts. Politics of bitterness against Ekweremadu is uncalled for, manipulated by the APC. The purported emergence of Benjamin Uwajumogu to replace Ekweremadu in the Senate is making mockery of the Nigeria’s hallowed Red chamber. The APC’s candidate of the recent inclusive Imo State rerun is even a rookie compared to Ekweremadu who has a pedigree presently in the Senate.

How can a purported first-timer in the Senate occupy such a position as a Deputy Senate President? Is it part of the Senate rules because he is part of the party? It is on record that the Senate of the Federal Republic of Nigeria has a ranking rule that must be adhered to.

For the loquacious Imo State Governor, Rochas Okorocha making a blab of his party’s

intention to occupy the Deputy Senate position whereas Ekweremadu was duly elected by his colleagues is very shameful and mockery of freedom of expression. Why do such elements like Okorocha that has roller-coasted in almost all political parties happy being pitted brother against brother in the name of politics?

The statement that Okorocha made that it had become inevitable for Ekweremadu to relinquish the Deputy Senate President Seat to Uwajumogu is on marble for him.

“The position of Senator Ekweremadu as the Deputy Senate President is at the moment under heavy threat, because in no distant time, the APC Senator in –waiting from Imo State, Benjamin Uwajumogu, will take over the seat on the ground that it is aberration that a PDP Senator from the South East is deputy to an APC Senate President because, before now, the APC could not produce a Senator from the South East Zone.’’

Notable Igbo leaders, sons and daughters both in the country and Diaspora have harped on the need to close ranks with one another not to allow schemers hell-bent seeing that the South East continues to suffer political loss.

Ekweremadu has not been found wanting by any competent court of law on the alleged forgery. He is only resented by those who are amazed retaining the Deputy Senate President and the empowerments he has brought to his Enugu West Senatorial zone.

Kidnappers demand N70m for abducted Bayelsa lawmaker’s father Akam James Yenagoa

ÏÏÏ

The unknown gunmen who abducted Chief Willie Watson Iti, the father of the member representing Brass Constituency 2 in the Bayelsa State House of Assembly, Hon. Alfred Belimote Watson have demanded for N70 million ransom.

The 82-year-old was reported to have been abducted at about 9am on Friday. The sad incident has thrown the constituent of the State House of Assembly member into confusion with

the state leadership of the All Progressives Grand Alliance (APGA) are apprehensive over the safety of the abducted Octogenarian.

Our correspondent gathered that the old man was whisked away while on his way to Egweama community from Okpoama community in Brass Local Government Area of the state.

A family source told Daily Times that “We heard he was on his way to a burial, when the gunmen attacked their commercial speed boat and whisked him

to an unknown destination.”

Contacted on the development, the son of the kidnapped Octogenarian, Hon. Alfred Belemote Watson confirmed the incident, saying that “the kidnappers have contacted me and they are asking for 70 million naira.”

The spokesman of the Bayelsa State Police Command, Butswat Asimin, also confirmed the development and said a report on the abduction has been made, “so we have mobilised the antikidnapping unit and other relevant security agencies.”

NGE seeks FG protection of farmers from herdsmen attacks ÏÏÏ

The Federal Government has been urged to, as a matter of urgency, move to protect especially farmers from rampaging suspected Fulani herdsmen, if there would be any meaningful development in the country.

This was part of the resolutions of the Nigerian Guild of Editors in a communique issued at the end of its annual meeting held in Port Harcourt, Rivers State.

The Conference was chaired by former Governor of Ogun State, Akinrogun Olusegun Osoba and

declared open by Governor of Rivers State, Barrister Nyesom Ezenwo Wike.

The communique signed by President of NGE, Funke Egbemode, and General Secretary, Victoria Ibanga, the group also admitted that “there is a serious problem with the nation’s economy as a result of over-reliance on oil and gas as source of revenue for the country and that there is urgent need to diversify the economy.”

The statement continued, “That agriculture is the most

viable option to adopt to revive the nation’s economy, create employment for the army of unemployed youths, and usher in prosperity for the country and its peoples “That agriculture has suffered serious neglect as a result of negative mindset, reliance on outdated methods and gross underfunding. That the media has a major role to play in efforts to redirect the consciousness of Nigerians especially the youth towards embracing modern, technologydriven agriculture.’’

Buhari leaves for Deby’s inauguration in Chad today ÏÏÏPresident Ekweremadu

Muhammadu Buhari will leave Abuja for N’Djamena today (Monday) to attend the inauguration of President Idriss Deby of Chad.

This information is contained in a statement issued in Abuja on Sunday by Mr. Femi Adesina, the Special Adviser to the President on Media and

Publicity.

The statement said President Buhari would be joining other Heads of State and Government for the ceremony.

News 6

Daily Times Nigeria Monday, August 8, 2016

R-L: Former Governor of Ogun State, Otunba Gbenga Daniel; APC Publicity Secretary, Lagos State, Mr. Joe Igbokwe; INEC-certified Governor-elect, Abia State. Mr. Uche Ogah; Celebrant, Barr. Onyekachi Monday Ubani; his wife, Faustian; Special Adviser on Media and Publicity to President Muhammadu Buhari, Mr. Femi Adesina and Mr. Ademola Adetoyin during the official launching of Monday Onyekachi Ubani Foundation in Lagos… at the weekend.

Photo: QUADRI OLOWOLAGBA.

H1 results: Mergers, acquisitions loom as 6 DMBs record decline Motolani Oseni

ÏÏÏFollowing a massive decline in

the first half of 2016 financial results of some of the Deposit Money Banks (DMBs) operating in the country, with the drop of a whopping total amount of N33.9 billion in profits declared by six out of the 15 lenders listed on the Nigerian Stock Exchange (NSE), economic and financial experts have predicted natural consolidation in form of mergers and acquisitions within the nation’ banking industry.

The huge drop in the commercial banks’ profit was linked to the current economic challenges facing virtually all the segments of the Nigerian economy.

For instance, Unity Bank Plc, First Bank of Nigeria Holdings Plc (FBN), and Ecobank Transnational Incorporated are among the six banks that have recently released decline in Profit After Tax (PAT) of their H12016 financial statements, Also, Sterling Bank Plc, Fidelity Bank Plc and Diamond Bank Plc made the list of six lenders that have released their unaudited financial H1 ended June 30, 2016, with a cumulative figure of N33, 9 billion.

According to the data gathered by the Daily Times, Wema Bank, Union Bank of Nigeria and First City Momentum Bank Group Plc (FCMB) recorded increase in their profits but meagre compared to the

previous H1 result.

In view of this scenario, financial analysts have therefore opined that natural consolidation in form of mergers and acquisitions are imminent in the Nigerian banking industry.

They said with the myriads of challenges facing the nation’s economy, some banks were likely to experience some challenges that could only be resolved by mergers and acquisitions.

The Daily Times, however, observed that the aforementioned banks reported a profit of N121.87 billion in H1 2015 as against N87.96 billion recorded in H1 2016; representing a decline of 27.8 percent or N33.9 billion drop in profit.

The breakdown of the figures obtained from the banks results showed that Unity Bank Plc dropped by 70.2 percent or N5.5 billion from N7.9 billion in H1 2015 to N2.35 billion in H1 2016.

Ecobank Transnational Incorporated’s (ETI) profit dropped by 35.4 percent or N17 billion to N31.08 billion from N48 billion recorded in H1 2015 while Fidelity Bank Plc profit for the period dropped by 31.9 percent or N2.6 billion from N8.2 billion to N5.59 billion in H1 2016.

Sterling Bank Plc and Diamond Bank Plc recorded a decline of 25.9 per cent and 25.5 percent in profit from N5.4 billion and N12.15 billion

attcks.

However, in a swift reaction, Jonathan in a statement made available to the Daily Times through his media aide, Ikechukwu Eze, said that naming many notable Ijaw and other Niger Delta leaders and elders, especially those perceived not to be too close to the powers that be, as the alleged sponsors of the current crises in the Niger Delta was malicious.

The statement read in parts: “For the avoidance of doubt, we are fully convinced that such an idiotic claim is too cheap a narrative, a facile contrivance so badly concocted that any discerning mind would easily see through its disingenuous and duplicitous nature.

“Since it is not in our place to

speak for all those named in the obvious fabrication, we are only intervening to the extent that its hidden intent poses a violent threat to the life of former President, Dr. Goodluck Ebele Jonathan, GCFR, a committed patriot who the Almighty God has given the grace and good health to rededicate his life to the service of humanity, after serving his dear nation as President to the best of his abilities.

“We are also not bothered by this baseless accusation, contented that we are not the only ones conversant with Jonathan’s widely-acknowledged sincere disposition to peace, non-violence and better human community.

“We are however seized by the feeling of déjà vu occasioned by the resurrection of one dim character masquerading as ‘Cynthia White’,

who had in the past served as the spokesperson for a notorious group that had all along shown its hand to be going after the life of Dr. Goodluck Ebele Jonathan.

“Nigerians could recall that in 2007

Jonathan

Ï z Ɛ ƍ Ɛ ƋƆ ƗƆƏ è envoys, others to prevail on Dogara to resign Henry Omunu & Emmanuel Iriogbe, Abuja

ÏÏÏEmbattled

when Jonathan emerged as the running mate to the late President Umar’ Yar’Adua in the Peoples Democratic Party during that year’s presidential election, this very group invaded Yenogoa with hundreds of militants in an effort to assassinate him. Jonathan was only saved then by the spirited efforts of the combined forces of determined security men, who gallantly repelled the attack.

“Let us also not forget that members of this same group later invaded and bombed Jonathan’s compound in Otuoke, Bayelsa State, on a night he was scheduled to attend to an important matter in his country home. He was only saved by the grace of God, who in His infinite mercy created intervening factors that prevented

Rep. Abdulmumin Jibrin has once again broken his silence over the case of budget padding in the House of Representatives by claiming that Speaker Yakubu Dogara wants him dead.

In a statement made available to journalists on Sunday and signed by the former chairman, House Committee on Appropriation, also claimed that there was a grand ploy to prevent him from seeing President Muhammadu Buhari so he can brief him.

“I believe Speaker Dogara, the 12 others and some vested interests within and outside the House want to kill me. I no longer feel safe. I have carefully followed their desperation to suppress what will go down in history as the biggest corruption case in Nigeria. I have prepared myself for any eventuality. I have spoken to my mum and dad extensively during the weekend. I have prepared my family. I have handed over a handwritten note and documents to a popular SAN, a man of integrity and other persons that I believe will lay it bare even if they succeed in killing me,” Jibrin disclosed.

Jibrin who was summoned to the APC secretariat last week and told to stop talking to the press said: “It is a fact that all the members that signed for Dogara’s vote of confidence collected money in a shameful and disgraceful exercise, and despite that, the consensus remains that the Speaker must step aside and face external in-

Continued on page 12

Continued on page 12

Continued on page 12

Sponsorship of Niger Delta Avengers: Count me out-Jonathan Continued from page 1

Dogara wants to kill me, says Jibrin

Daily Times Nigeria Monday, August 8, 2016

7 News

Soldiers, military clash: NCAA begins certification of Niger govt sues for peace security screeners at airports Pita Chikwem Minna

ÎÎÎNiger State Commission-

er for Information, Culture and Tourism, Mr. Jonathan Vatsa, on Sunday, called on the people of Kpaidna and Legbedagma in Bosso Local Government Area of the state to be calm as the security agencies are trying resolved the recent crisis between them and the military.

Vatsa, in a statement in Minna, maintained that the government of Abubakar Sani Bello places utmost premium on the security of lives and property and will continue to do anything within

its reach to ensure peace and security in the state.

He said that the people of the state should be calm and go about their legitimate businesses with no fear of contradiction.

The Commissioner, therefore, stated that the government is appealing to all political leaders in the state to guide their utterances in order not to jeopardise the effort of the government to bring about peace.

“Government believes that issues of security should not be used for political advantage and politics should not be played with issues bordering on security especially when it

involves a strategic organisation like the Military.

“We are aware of our obligation to the people, to the extent that we will not allow our people to be subjected to any harassment and intimidation” Vatsa said.

According to him, “we will also advocate synergy in the operations of security agencies in the state and we are appealing to them to always exercise some restrain while dealing with the citizens in order that the basic rules of engagement are not betrayed and the right of the people are not trampled upon as permitted within the framework of the Nigerian Constitution.”

Chukwuemeke Iwelunmo

ÎÎÎThe

Nigerian Civil Aviation Authority (NCAA) has commenced full implementation of certification of all Aviation Security Screeners in the nation’s airports.

A statement signed by the Director General of NCAA, Captain Mukhtar Usman, said the certification is in accordance with the provision of ICAO Certification System (Annex 17 Standards 3.4.3) for aviation security personnel and the requirements of National Civil Aviation Security Training Pro-

gramme (NCASTP).

He stated that any person prior to being designated as an AVSEC Screener in Nigeria, must obtain certification from the NCAA. Capt. Usman has in a letter titled full implementation of certification of Aviation Security, AVISEC screeners with ref. no. NCAA/AVSEC/SCRN. CERT/GEN/29 dated 15th June, 2016, advised all stakeholders to commence the process of certification of their personnel to act as an Aviation Security Screener.

According to the DG, “all stakeholders were in-

formed in the letter that the full implementation of this directive will take effect from 1st August, 2016.

Thereafter, it shall become a violation of the Nigerian Civil Aviation Security Programme (NCASP) for screeners who have not been certified by the Regulatory Authority to carry out any screening duties in Nigeria.”

Capt. Usman informed all affected organisations and personnel to ensure compliance with the timeline by ensuring all screeners are certified with the guidelines earlier communicated to them.

Osogbo festival begins today Sodiq Adekunle Osogbo

ÎÎÎThe Ataoja of Osogbo,

Oba Jimoh Olanipekun Larooye II, has announced the commencement of the 2016 Osun Osogbo festival.

Speaking at a press conference, consultant for the festival, Mr. Ayo Olumoko, said this year festival was unique while giving details of the event on behalf of the monarch.

He expressed pleasure that despite the economic crunch and technical recession, many of the corporate organisations still supported the event.

He explained that the main aim of the event was to celebrate the distinct African value and culture to the people of Africa and beyond.

Olumoko said, “The festival would commence in earnest with a spectacular and symbolic ritual for cleansing of the town ‘Iwopopo’ on Monday (Today), August 8.

“We have put all mechanisms in place to ensure safety of lives and property, before, during, and after the event.”

On his part, the monarch expressed happiness over his victory at the appeal court on July 22.

He noted that this year festival was made possible with accompanied funfair by God in his infinite mercy.

L-R: Chancellor, Lagos Archdioceses, Monsignor Anthony Obanla; Director, Social Communication, Monsignor Gabriel Osu; Archbishop of Lagos, His Grace, Most Rev. Dr. Alfred Adewale Martins and Vicar General, Lagos Archdioceses, Monsignor John Aniagwu during a press briefing on the State of the Nation and 4th anniversary of Martins in Lagos… at the weekend.

PHOTO: QUADRI OLOWOLAGBA.

Ondo APC tasks Mimiko on N2.3b Cocoa Revolution project ‘Tosin Ajuwon Akure

ÎÎÎThe

All Progressives Congress (APC) in Ondo State, on Sunday, challenged Governor Olusegun Mimiko to explain to the people of the state when the Cocoa Revolution Programme initiated by his administration would start yielding result with less than seven months to the exit of his government.

The party’s Director of Media, Steve Otaloro, who threw the challenge in a statement issued in Akure, said that the present economic situation in the

state called for a serious concern.

“We identified that Responsibility, Authourity and Accountability as inseparable virtues through which Dr. Olusegun Mimiko got the mandate of the people to rule the state by the reason of the 2007 gubernatorial election.

“As Governor Mimiko has been in the saddle for almost eight years now, the mandate given to him by the people of Ondo state authorised him to expressly administer the state in a responsible and God-fearing manner as he will be held accountable

Gov. Mimiko someday.

“As the governor’s tenure is less than six months left, the moment of accountability has come, beginning with the Agricul-

tural sector, the people of Ondo state are asking Dr. Mimiko when his Cocoa Revolution programme into which over N2 billion of the state resources was claimed to had been committed apart from the N300m that was released to the state by the Federal Government over three years ago in aid of cocoa development.

“We hereby challenge the governor to tell the people of Ondo state when the Cocoa Revolution programme will now begin to yield result, at least to give a measure of succour to alleviate the current

economic hardship in the state.

“There is need for the people to know when the cocoa trees will begin to bear fruits and when the much advertised Ondo state chocolate, the byproduct expected from the Cocoa Revolution programme that was massively launched with great funfare some three years ago will be on the shelves” he queried.

Otaloro expressed worries if the programme has not been a deceit that promotes the concept of the ‘more you look, the less you see’.

News 8

Daily Times Nigeria Monday, August 8, 2016

Plateau gains N5bn increase in Federation Account Chijioke Kingsley Jos

ÏÏÏThe Plateau State govern-

Call of nature at Pen Cinema, Agege, Lagos… recently. Photo: BOLAJI OLASUNKANMI.

We collected N15.1m as ransom on kidnapped Lagos monarch – Suspect Benjamin Omoike

ÏÏÏOne

of the arrested suspected kidnappers who abducted the Oniba of Iba land, Oba Goriola Oseni has narrated how they kidnapped the monarch and successfully collected N15.1 million ransom before releasing him.

The monarch was released on Saturday by his abductors after spending three weeks with the kidnappers at the creek.

The police have arrested two of the suspected kidnappers and were paraded at the State House, Ikeja, Lagos, on Sunday. The two suspects are Toba Forejo and Isaiah Ododomu, both from

Ondo State.

Narrating the account to newsmen on how they kidnapped the Oba, Ododomu said nine people went to the palace to kidnap the Oba on that fateful day.

He gave the name of those who went to the palace to kidnap the Oba as Toba, Igodo, Mighty, Folly and Sam, while one Micah who is a leader did not go with them because he “he has a babe with him at home.”

He explained that the kidnappers were armed with two AK47 rifles and three pump action guns which they used during the kidnapping.

Ododomu, who said he used

to be a bunkerer, explained that since the bunkering business had been stopped, they decided to go into kidnapping.

He disclosed that the kidnappers first collected N12 million ransom and later demanded for another ransom and were given N3.1 million extra, making a total of N15.1 million which they shared among themselves.

“I am a bunkering man, when this government stopped the bunkering business, our leader’s formed another group and we started kidnapping to manage ourselves. I am a married man and I don’t have any job to cater for my family. When we started the kidnapping busi-

ness, whenever they collected N500, 000, they will give me N20, 000.

“After this one, Toba, Igodo, Mighty, these eight people, went to Iba junction, they kidnapped the king, after they kidnapped him, they demanded for N500 million, after that they reduced it to N40 million. They gave them N12 million at the first time. After that we gathered and shared the money.

“All our senior people got the lion share of the money. They gave Toba N1 million, all those Igodo, Micah, they collected N2.5 million and so on; for me, they gave me N100, 000,” he explained.

Crisis rocks Enugu Bread Sellers Association Moses Oyediran Enugu

ÏÏÏ

Leadership crisis has rocked Nsukka Urban Bread Sellers Association following the dissolution of the Mr. Chikodi Onah-led executive and subsequent appointment of a caretaker committee by the management of Nsukka Local Government Council.

Some members of the association had accused Chikodili Onah of high-handedness, fraud as well as running the organisation like

a personal enterprise in a petition they addressed to Chairman of Nsukka Local Government Council, Prof. Rose Onah.

In the petition dated June 25, 2016, obtained by Daily Times, the petitioners, Mr. George Ugwu.

Mrs. Ngozi Olisa, Mrs. Anthonia Ogbonna and Ukamaka are asking the council to dissolve Chikodili Onah led executive and constitute a caretaker committee for the association as the current exco has exceeded the two term tenure agreed orally by members.

“That since Chikodili Onah-led

Ugwuanyi

executive imposed themselves on members since 2011 till date, no election of officers of the association had been conducted neither has he called for general meeting and any member attempts to correct him attracts either fine or suspension.

“That the resolution of the executive of N20, 000.00 fines placed on any member who purchases bread during the duration of the strike was unilaterally revoked

by Chikodili Onah without recourse to members of the executive.

ment has gained an increase of N5 billion from the Federation Account as against N2 billion, the usual monthly allocation, since the inception of this present administration.

Governor Simon Lalong has constantly lamented over the insufficient monthly allocation which prompted the state government to look inward with the aim of improving on its internally generated revenue.

The drop in monthly allocation gave reason for non-payment of salaries by most state governments.

Lalong had earlier explained in one of his media chat with journalists that out of the monthly N2 billion, salaries of civil servants gulp N1.7 billion monthly and if this is applied, government will be left with only 300,000 million to run the state.

Kwara slashes tertiary institutions’ subventions, disburses N430m Kehinde Akinpelu Ilorin

ÏÏÏKwara

State government has said that it has so far disbursed the sum of N430, 388, 359.24 as subventions to seven of the state-owned tertiary institutions in 2016, noting that an outstanding balance of N86, 996,421.7 will be released this month.

The institutions are Kwara State University (KWASU); Kwara State Colleges of Education in Ilorin, Oro and Lafiagi; Kwara State College of Arabic & Islamic Legal Studies; Kwara State College of Nursing, OkeOde; and the Kwara State School of Nursing and Midwifery, Ilorin.

The State Commissioner for Finance, Alhaji Demola Banu, who disclosed this in a statement on Sunday, explained that the government had reviewed the subventions accruing to the institutions by deploying mechanisms to block loopholes and wastages in the system.

Daily Times Nigeria Monday, August 8, 2016

Politics NYESOM WIKE

Æs

I’ll provide alternatives before moving streets traders, says Wike

Rivers State Governor, Nyesom Wike, has said that his administration would provide alternatives in all locations where it would stop street trading in Port Harcourt and Obio/ Akpor Local Government Areas.

He said that without the provision of alternatives where the street traders will ply their trade, families involved in street trading may resort to crime.

Wike spoke, on Sunday, during the 3rd Synod of the Diocese of Evo, Anglican Church in Obio/ Akpor Local Government Area.

According to him, “It is difficult to end street trading suddenly. This is because of the hunger in the land. For us, we

have resolved to get alternative locations for the street traders before we move them.

“If we don’t provide these alternatives, we may have a situation where these Street traders resort to crime.”

He explained that the state government has already started the relocation of street traders in Rumuokoro after acquiring a location where they will ply their trade.

Commenting on unemployment, Governor Wike said that the state government has taken several steps to create employment opportunities for youths.

He regretted that some Indigenous youths don’t want to

9

invest their energies in daily vocational opportunities because they claim that the take home is too small.

To further create employment opportunities for the youths, Governor Wike said that 200 youths will be sent to Israel for training in Agriculture.

On the relationship between the State Government and the Missions as regards intervention in schools, the governor said that he will adopt the Former Governor Peter Obi of Anambra State model where the state supported schools owned by the missions with grants to support improvement of facilities.

Adamawa community fumes over cancellation of Michika LG poll Tom Garba, Yola The Adamawa State Independent Electoral Commission (ADSIEC) has been challenged to show reasonable evidence why elections in Michika Local Government Area were cancelled twice.

The community while addressing the media on their plight over the cancellation of elections in the area said ADSIEC’s failure to prepare ahead of the elections led to the cancellations of elections on July 30 and August 6.

Speaking on behalf of the Michika community, Chief James T. Manager, pointed out that ADSIEC failed to explain to the community why elections where halted twice and this is not the wishes of President Mohammadu Buhari who had ordered that elections should be held free fair and

NNAMDI AZIKIWE

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

credible at all levels in the country.

He said Governor Mohammed Umaru Jibrilla while addressing the people pointed out the need for a credible council elections in Adamawa state but regretted that that commitment which was grossly abused by ADSIEC when they conducted a sham elections in twenty Local Government councils in Adamawa while cancelling that of Michika indefinitely.

The community said Michika council was the most peaceful community despite the damaged done to the community by insurgents but the area remain largely peaceful and any election can be conducted free and fair without any security threat.

He said ADSIEC had no reasons why it cancelled elections twice in Michika Local Government Area other than attempts to deny the

BINDOW Michika council was the most peaceful community despite the damaged done to the community by insurgents but the area remain largely peaceful and any election can be conducted free and fair without any security threat.

CONTINUED ON PAGE 10

TONY ELUMELU Nobody is going to develop Africa except us.

TAFAWA BALEWA

ADEKUNLE AJASIN

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

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

GEN. HARUNA IBRAHIM, EX AREWA BOSS

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

Politics 10

Daily Times Nigeria Monday, August 8, 2016

Ogun LG election: Amosun’ll not impose any candidate for APC primaries The leadership of the All Progressives Congress (APC) in Ogun State, over the weekend, assured party members that the Governor Ibikunle Amosun would not impose candidates for any of the elective positions at the forthcoming Local government and Local Council Development Areas (LCDAs) across the state.

APC leaders in the state also declared that it would not renege in its commitment towards ensuring that principles of internal democracy prevail in all its doings across the state particularly in the choice of party standard bearers for the LGs and LCDAs’ elections.

The state chairman of the party, Alhaji Roqeeb Adeniji made the declaration over the weekend while addressing the APC delegates who converged at the venue of the Chairmanship and councillorship’s primary election for

Adamawa community fumes over cancellation of Michika LG poll CONTINUED FROM PAGE 9

community their freedom to vote and be voted for in a democratic norm of voting the people of their choice.

The community pleaded for the intervention of the state Governor Mohammed Umaru Jibrila so that elections can be conducted in the area. Manager further described ADSIEC as a nefarious organization that has shaken hands with the previous Ebola that spent sixteen years of fraudulent rule in Nigeria as not even one Local Government conducted free, fair and credible polls.

He pointed out that, ’’It is sad to note the anti-democratic machin-

Sodeke/Isale Ijeun Ward 10 of the Abeokuta South East Local Council Development Area (LCDA).

With particular reference to the conduct of the party’s primary election for Ward’s Councillorship ticket, Adeniji emphasised that the APC would continue to respect the wishes of people in the choice of candidates for every elective offices without preference for any candidate.

Adeniji, who was represented by one of the APC’s State Executive Officer, Hon. Farouk Akintunde at the party’s Sodeke/Isale Ijeun Ward 10 which produced one Fasasi Sofunde as the party’s standard bearer, explained that the party leadership has allowed the will of the people to prevail and that such explained why it provided a level playing ground for all those who contested the councillorship primaries election for Sodeke/Isale Ijeun Ward 10 without imposition of candidates.

Bindow

ery set up by ADSIEC in conducting elections has worsened democratic norms among the people of Adamawa state as only ADSIEC voted during the elections because the people were not considered while materials did not arrive in most areas. Michika community will continue to press for a chance to elect people of their choice in a peaceful and orderly manner’’ Some of the speakers included a member of the Michika Youth Renaissance (MYR), Mr. Teri Bala who also aided his voice in pleading with the state Governor to call for elections in Michika Local Government Area as the people are law abiding and peaceful people who love democracy.

The APC’s councillorship primary election, was however, keenly contested between the trio of Sofunde, a two-term party executive, Bola Ikanrede and the youths’ leader for the Ward, Nofiu Adewusi who was popularly called “Dudu”.

While Sofunde pulled a total number of 19 out of the total 27 votes at the party’s primary to defeat Adewusi, the youths leader “Dudu”, pulled a total of 06 votes and the two-term party executive member, Ikanrede who herself pulled a total of 02 votes.

Akintunde, who later addressed the party members however, charged other contestants who could not clinch the ticket of their party at the primaries held across the state to join hands with the winners towards ensuring total victory for the party at the forthcoming 20 Local Governments as well as the 37 LCDA elections across the state.

Amosun

An amalgamation of youth groups in Taraba State, under the auspices of PDP Loyal Group, have thrown their weight behind Hon. Emmanuel Bello for the position of the National Publicity Secretary of the Peoples Democratic Party (PDP).

In a statement issued in Jalingo and signed by the Group Chairman, Hon. Dennis Shima, the group noted that Hon. Emmanuel Bello a former commissioner of information in Taraba state possess the needed qualities for the position.

We are delighted to endorse the candidature of Hon. Emmanuel Bello for the position of the National Publicity Secretary of our great party.

“We note with deep humility that Emmanuel Bello, while he held a similar positions in Taraba state performed creditably well, displaying high level loyalty to the party and his principal.

“As an accomplished journalist, it is our belief that Bello comes to the contest with sterling qualities of a news man who has also worked in government cycles where he was first a special adviser on Media and twice a commissioner of information.

“He has also been prepared by his principled stand at the most trying period of the state’s history where he became famous for stubbornly standing by ailing former Governor Danbaba Suntai.

This was at the time it was easier

Taraba Youth groups endorse Bello for PDP Publicity Secretary

Bello

to compromise loyalty,” the group said in a statement.

It would be recalled that the Makarfi-led PDP has zoned the National Publicity Secretary position to the North Central but has also said viable candidates can still contest positions irrespective of the zoning formula.

Bello, a former Editor with Leadership newspaper and currently a City Editor with ThisDay newspaper has not officially declare for the position, but a source close to him journalists that he is seriously consulting with stakeholders within and outside his home state of Taraba.

Daily Times Nigeria Monday, August 8, 2016

11 Politics

Edo 2016: I’ll involve traditional institution in governance, says Obaseki Titus Akhigbe Benin Godwin Obaseki, the governorship candidate of the All Progressives Congress (APC) in the election coming up in Edo State on Saturday, September 10, has promised to respect the traditional institution in the state and to involve them in certain areas of governance.

He made the promise in a chat in Benin-City.

According to him, “I have emphasised that we are moving away from the politics of oil to the politics of development. And what the politics of development means is that we are going to be attracting investors, people with private capitals, to come and join our own government investment in developing communities.

OBASEKI

“So, if for instance, I have a large scale investor in commercial agriculture, I will need to take that investor to a community to get land to cultivate.

“There is a traditional ruler in that community. The investor have to feel a sense of security that his investments are secured and has the cooperation of the community.

“For me to do that, government cannot impose the investor on the people, we have to have a working relationship with the traditional rulers and the community,” he stated.

Obaseki averred that it is for this reason that in his campaign speeches he gives the traditional institutions no room to doubt his sincerity and honesty of purpose.

“We have to work with them.

We, the traditional rulers and the

communities. That accord has to be built. They are the custodians of our communal heritage.

“Essentially, that trust will foster economic development,” he stressed.

He promised to create an enabling environment for the indigenes of the state in the diaspora to locate their investments in the state.

“I am the only candidate who has taken a tour to the diaspora.

I took a five days tour and visited four major cities with huge Edo population in the United States last month.”

He disclosed that he undertook the tour because of his appreciation of the huge amount of investment that is derivable from people in the diaspora promising to synergize with such individuals who are desirous of coming to the state to invest in its economy.

Budget padding: House Chief Whip responds to allegation The Chief Whip of the House of Representatives in Nigeria, Alhassan Ado Doguwa, has responded to the allegation of budget padding levelled against him and some other principal officers of the lower chamber.

In an interview on a national television on Sunday, Doguwa described the allegation as frivolous and baseless.

A former Chairman of the House Committee on Appropriation, Hon. Abdulmumin Jibrin, had alleged that four principal officers of the House of Representatives – Speaker Yakubu Dogara, his deputy, Suleiman Lasun, the Chief Whip, Alhassan Ado Doguwa and the Minority Leader, Leo Ogor, padded the 2016 budget.

It is now a week since Jibrin

spoke exclusively to a national television on the allegation that the Speaker of the House of Representatives has dismissed, saying padding was not an offence.

On Sunday, however, Hon. Doguwa insisted that no matter what the lawmakers did on the budget, none of it could be regarded as a crime.

“When you expect a legislator to work on a bill, certainly he has the constitution and supreme right to deal with that bill at any level, whether in first reading second reading or general reading.

“At whatever level the legislator engages a budget, he is doing nothing but his legitimate responsibility,” he explained.

The lawmaker said padding

was strange in context of the 2016 budget and that all the allegations made by Jibrin were frivolous “That is a strange word to me.

“It is a crime for you guys to be calling legislators ‘padders’. It is a speculation. Baseless speculation,” he said.

The Chief Whip further described Jibrin as a cancer in the legislative system of Nigeria’s National Assembly, insisting that that was why he was removed as the chairman of the Appropriation Committee.

“He is an enemy to the institution, an enemy to the system of democracy in Nigeria and our own great party, the APC.” Doguwa , however, assured Nigerians that there would be a perfect budget in 2017.

Doguwa

Oshimili North PDP sets up reconciliation c’ttee over differences Nosa Ogiugo, Asaba The Peoples Democratic Party (PDP) in Oshimili North Local Government Area chapter, has set up a 10-man reconciliation committee with the pionee chairman of the party, Sir Felix Ndukwe as the chairman and Mr. Ifeanyi Nwaezeigwe, as secretary.

Members of the committee were appointed during the enlarged meeting of stakeholders and local government area party executive held recently at Okpanam, with the terms of reference to identify areas of conflicts within the party and recommend ways of resolving them, and to reach out to aggrieved party members and recommend ways

to addressing their concerns and grievances.

Others members of the committee are, the current party local government chairman, Chief Tonyu Nduka Ogwuda, Chief Tony Monye, Chief Mike Nwabuuokwu, Chief Macaulay Okonkwo, Hon. Pat Mozea, Hon Pat Ajoh, Enyi Doris Mokobia and Hon Austin Nnabuife.

According to the letter dated July 30, 2016, signed by the local government party secretary.

Mr. Ifeanyi Nwezeigwe and addressed to the reconciliation committee members, they are expected to provide their recommendations to the local government chairman of the party not later than four weeks from the date of their appointment and in-

auguration.

Commenting on their appointment, the chairman of the committee, Sir Ndukwe assured of their determination to foster love and unity among the PDP members in the council area and design a roadmap for further growth and development of the party to meet the enormous challenges ahead.

News 12

Daily Times Nigeria Monday, August 8, 2016

FG shuts down Apapa Bridge for repairs ÏÏÏThe Minister of

Power, Works and Housing, Mr. Babatunde Fashola (SAN), on Sunday, ordered the immediate closure of the damaged Apapa Bridge for emergency maintenance work to begin.

The 40-year-old bridge links Nigeria’s premier port to both the Lagos Mainland and Island.

Addressing a stakeholder’s meeting in Lagos, Fashola said the closure of the bridge was a necessary measure as it would save lives and prevent avoidable mishaps. ``In a situation like this, we need to choose between inconvenience and safety. ``The first thing to do is to shut down the bridge for the sake of safety and I appeal to residents to bear with us,’’ he said.

Fashola said that Ijora/Marinabound vehicles would be diverted to other routes to reduce inconve-

niences.

He expressed dismay at the long years of neglect that resulted to the dilapidation of the bridge. ``We are dealing with several decades of neglect and there are quite a few bridges across the country that are dying for maintenance and we have to take steps to fix them as soon as possible,’’ he said.

Federal Controller of Works in Lagos, Mr. Godwin Eke, said that the deck of the bridge, which was constructed about 40 years ago, had become weak.

He added that the ministry had written to all security agencies to assist in managing traffic in the area during the maintenance work.

Lagos State Commissioner for Transportation, Mr. Dayo Mobereola, said that alternative access routes from Apapa would be cleared of all encumbrances.

Fashola He said that truck owners had agreed to move their vehicles from the alternative access routes as Julius Berger begins the palliative works.

Some of the stakeholders at the meeting were members of the National Union of Petroleum and Natural Gas Workers (NUPENG) and the representatives of the unions in the agencies in the maritime subsector.

Recall that a team of engineers had told the minister on Thursday that the support of the bridge had become weak.

They said that the structural defects caused by an alleged fire outbreak underneath of a portion of the bridge were making life unbearable for them as it was liable to an imminent collapse.

“It is gradually becoming a lifethreatening structure to motorists and passengers, they said.

They also said that this development had led to several man-hour loss and bringing wear-and- tear on them as drivers and their vehicles.

Dogara wants to kill me, says Jibrin Continued from page 6 vestigation”.

He also alluded to the fact that a cabal of two governors and three former members have blocked every avenue that he can use to reach the President so that he can get a different perspective on the issue.

He therefore pleaded with all former Heads of State, Gen. Yakubu Gowon, Gen. Olusegun Obasanjo, Alhaji Shehu Shagari, Gen. Ibrahim Babangida, Chief Enest Shonekan, Gen. Abdulsalam Abubakar and Dr. Goodluck Jonathan and the diplomatic community, particularly Ambassador of the United States of America, High Commissioner of the United Kingdom, the German and French Ambassadors and all well-meaning Nigerians to join in the call on Speaker Dogara and 3 others to reconvene the House immediately, step aside and allow for a thorough external investigation and also called on the anti-corruption agencies to expedite action on investigation and commencement of prosecution in line with the anti-corruption stands of this administration.

Sponsorship of Niger Delta Avengers: Count me out-Jonathan Continued from page 6

Ogun State Deputy Governor, Chief (Mrs.) Yetunde Onanuga (2nd right) rescuing motor accident victims at Abule-Imo in Obafemi Owode Local Government Area, along AbeokutaSagamu Expressway... at the weekend.

H1 results: Mergers, acquisitions loom as 6 DMBs record decline Continued from page 6 to N4 billion and N9.05 billion in H1 2016 respectively.

Suggesting likely way out of the numerous challenges some of the banks are currently battling with, an economist, Prof. Pat Utomi, said good mergers and acquisitions strategy could help prevent crisis in the banking sector and avoid a regulatory risk.

Utomi, who did not state whether a consolidation was imminent in Nigeria, however, stated that it would not be construed as negative thing if it happened.

His words: “There is nothing good or bad about mergers and acquisitions on its own. The question is whether it will amount to creat-

ing value or not. It happened in the United States in the 1980s.

“Good mergers and acquisitions strategy can prevent regulatory risk.

“A situation where the central bank will take action on a bank and there will be panic and everybody begins to run helter-skelter to withdraw their money is not good for a bank. If the fundamentals of a bank are beginning to get challenged, it is better a discussion is held with another bank and it is acquired.

What creates a problem is regulatory risk.”

According to Utomi, the economy needs to begin to produce and relevant policies that will enhance this must be put in place. He added that banks could be a good agent in

helping to stimulate domestic production.

In a similar vein, Chief Executive Officer, Financial Derivatives Limited, Mr. Bismarck Rewane, said that the economic storm gathering over the country might lead to a shake-out in the banking sector.

This, he said, was better than having a situation where a bank would collapse.

Speaking on the ongoing economic crisis and the spate of nonperforming loans, Rewane said: “It will affect their profitability initially and eventually it is going to affect their liquidity and solvency.

Because of the squeeze in profitability, there will be a natural consolidation and a shake-out.”

He, however, expressed the hope

that the Federal Government’s stimulus package and other measures aimed at enhancing growth would work and help tackle the economic storm.

Also, the Executive Director, Sterling Bank Plc, Mr. Abubakar Suleiman, had said in February that a drop in naira by just 20 per cent would trigger a wave of bank mergers.

Since devaluation last month, the currency has lost double that against the dollar, according to a report by Reuters. Overall, 42 per cent of loans extended by Nigerian banks are in dollars. If the naira falls far enough, it will force some banks to recapitalise in order to have enough naira to stay within financial stability limits.

Jonathan from sleeping in his country home that night.

“Do we need to remind anybody that the so called Cynthia White is the Niger Delta (MEND), a violent and murderous underground group led by one Henry Orkah, which has not hidden its intention to destroy the former President?

“The unfortunate event of 1st October 2010 in Abuja at the Eagle Square during the Independence Day celebrations for that year, being presided over by the former President, bears out this conviction. It would be recalled that after an attempt to bomb the venue, with the mind of assassinating Jonathan and possibly other high profile local and international dignitaries in attendance, was thwarted by tight security deployment, the terrorists exploded their bombs in other parts of Abuja, resulting in the death of many innocent Nigerians. It is no secret that following that incident, Orkah, the leader of MEND was arrested, tried, convicted and jailed in South Africa over terrorism charges by the security authorities of that country. He remains in a South African prison till date while his associates in Nigeria are still being held in Kuje prison, Abuja.

Daily Times Nigeria Monday, August 8 , 2016

13

Burial Arrangements On behalf of the family of Ojo Maduekwe, CFR, I thank the Federal government, Abia and other State governments, the Diplomatic Community, Political associates, friends and well-wishers for the condolences and well wishes that have been extended to us since the departure on wednesday the 29th of July, 2016 of our late father.

We also want to bring it to the attention of the general public that his remains will be committed to mother earth on 20th August at Asaga Ohafia, Abia state.

Late Chief Ojo Maduekwe, CFR BURIAL PROGRAMME IS AS FOLLOWS 1. Tuesday, 2nd August, 2016 Night of Tributes by the Federal Ministry of Foreign Affairs (On invitation of the Federal Ministry of Foreign Affairs) Venue: Federal Ministry of Foreign Affairs Auditorium Time: 5pm.

2. Tuesday, 9th August, 2016

Abuja.

Time: 5pm to 10 pm.

4. Thursday, 18th August, 2016 Life & Times of Ojo Maduekwe, CFR Venue: Michael Okpara Auditorium, Umuahia, By the Abia State Government :- 10am

Commendation Service by the Presbyterian Church of Nigeria, Abuja Venue: National Christian Center, Abuja.

Time: 12 Noon.

5. Friday, 19th August, 2016

3. Friday, 12th August, 2016

Nigeria Bar Association (NBA) Court Session @Judiciary headquarters, Umuahia, Abia state--12noon.

Celebration of Mekaria: Tribute to Ojo Maduekwe Venue: Nigeria Air Force Conference Center, Kado,

Body Departs Nnamdi Azikiwe Airport Abuja - 8am.

Arrives Ancestral home at Isieke, Ibeku, Umuahia, Abia state. - 10am

Then Body Departs Umuahia for Asaga, Ohafia.

Service of Songs --- 5.pm Christian Wake --- 8.pm At Ojo Maduekwe Residence, Asaga, Ohafia, Abia

6. Saturday, 20th August, 2016 Burial Service by Presbyterian Church of Nigeria, followed by Interment @ Ojo Maduekwe Home, Asaga, Ohafia---

7. Sunday 21st August,, 2016 Outing Service at All Saints Presbyterian Church of Nigeria, Asaga Ohafia---9am Signed: Uma Ikechukwu Maduekwe, MD For the family

Opinion 14

Daily Times Nigeria Monday, August 8, 2016

Hajj subsidy:

Pity the nation A Yinka Odumakin

t a time when industries are folding up due to paucity of foreign exchange and parents are withdrawing their kids from schools abroad for same reason came a curious memo from the Central Bank of Nigeria to all commercial banks in the country.

The directive in what could have been comical were it not for its tragic implication is that the banks should shave off N203 on every dollar for religious tourists going to Saudi Arabia.

The circular marked, TED/ FEMFPC/GEN/01/005, from the CBN said: “Each pilgrim is entitled to purchase a minimum of $750.00 and maximum of US$1,000.00 as PTA. The Federal Government has approved that intending pilgrims are to be sold the PTA at a concessionary exchange rate of N197.00 to the US dollar.

“No commission shall be charged by the banks for the sale of the PTA to the intending pilgrims. The Central Bank of Nigeria shall sale the PTA to the designated banks in Lagos and Abuja and the accounts of the respective banks shall be debited as soon as the funds are disbursed….”

And to show that the Central Bank that is autonomous on paper was goaded into taking this senseless decision, the Senior Special Assistant to the President on Media and Publicity, Mr. Garba Shehu, zoomed into the fray to defend the directive in the most absurd of illogic.

He said the N197 exchange rate was approved by the President around May and that Christian pilgrims also benefited from a similar gesture in December 2015.

He said: “The exchange rate of N197 to a dollar was approved by the President about three months ago, much earlier than when the new forex regime came into being.

“The Chairman of the Hajj Commission has confirmed that it is non-discriminatory. It was approved for Christian and Muslim pilgrimages for this year. The CBN has offered an explanation.”

So who is telling him that the angst against this is about Hajj?

Buhari

It makes no sense still if this were for Jerusalem pilgrims as all religious tourisms add no value to our economy ordinarily.

It is much worse at a time we are supposed to be in recession with inflation at almost 60%.

A commentator was so succinct by asking Garba Shehu if he would go ahead to fulfill a promise to donate blood for charity if the doctor diagnosed him to be suffering from anaemia after he gave his word.

While we wait for his response, we hold that the directive has made a big mess of the flexible

exchange rate being implemented by the CBN as this rude intervention in the market by the Federal Government negates the market policy. Where is the Federal Government going to get the dollars to fund this fiscal rascality since our Mint cannot roll out dollars? It is like the Federal Government telling Toyota Nigeria to sell an SUV to all Pastors and Imams in the country at N1 million each when it does not have a plant manufacturing cars.

How do we expect foreign investors to bring their money into an economy where its government

could just wake up in the morning to start distorting the whole system whimsically and capriciously? If there is any proof they need to conclude that we are not serious around here, this is just it.

It is clear that the CBN itself must have been embarrassed by this odious action that it yanked off the directive from its website

by Friday given the outrage that has greeted the decision the apex bank cannot defend. This is what you have when you don’t allow your institutions their autonomy necessary to function effectively according to their mandate.

This shambolic action has again reminded of the need to implement the 2014 National Conference report. That conference took a far-reaching decision that religious tourism is a function of a private affair which should not attract any funding from government. That cannot be faulted by any reason.

Khalil Gibran must have had us in mind when he penned “Pity The Nation” in “The Garden of The Prohet”: “Pity the nation that is full of beliefs and empty of religion.

“Pity the nation that wears a cloth it does not weave and eats a bread it does not harvest.

“Pity the nation that acclaims the bully as hero, and that deems the glittering conqueror bountiful.

“Pity a nation that despises a passion in its dream, yet submits in its awakening.

“Pity the nation that raises not its voice save when it walks in a funeral, boasts not except among its ruins, and will rebel not save when its neck is laid between the sword and the block.

“Pity the nation whose statesman is a fox, whose philosopher is a juggler, and whose art is the art of patching and mimicking.

“Pity the nation that welcomes its new ruler with trumpeting, and farewells him with hooting, only to welcome another with trumpeting again.

“Pity the nation whose sages are dumb with years and whose strongmen are yet in the cradle.

“Pity the nation divided into fragments, each fragment deeming itself a nation.”

Daily Times Nigeria Monday, August 8, 2016

15 Opinion

Reducing Imo workers’ working days

T

Fred Nwaozor

he last time I checked, the five existing working days of civil cum public servants in Imo State had been graciously reduced to three days, precisely from Monday to Wednesday, by the state governor Chief Rochas Okorocha.

The state chief executive officer, who made the disclosure two weeks ago, on Friday 29th July 2016 to be precise, during his meeting with the delegation of Imo Royal fathers in Agriculture, stated that the two days of grace including Thursday and Friday would be utilized strictly for farming.

According to the governor, the declaration was informed by the urgent need to engage the teeming workers in the state’s new agricultural programme ‘Back to land for agriculture’ that was to commence on 1st August 2016. The governor who categorically made it clear that workers on essential duties to include those in the information, health, security, teaching and IGR drive sectors as well as political appointees are exempted from the free working days, went further to disclose that the bill for the initiative would be sent to the state’s House

of Assembly for legal backing.

Unequivocally, if Gov Okorocha isn’t a famous leader, I would insinuate he’s just trying to attract popularity to his name. As a constitution and rights activist, it’s pertinent to let the amiable governor comprehend fully that he had derailed by even thinking of such idea let alone making it public. Announcing suchlike policy is simply unconstitutional and lawless. The International Labour Organisation (ILO) constitutionally prescribed, at least, forty (40) hours per week to be spent by any public servant anywhere in the world; and the Nigerian 1999 Constitution, as amended, abides by the directive. This implies that the issue of workers’ working days isn’t even an affair to be deliberated by a group of state legislators let alone an individual in a position of authority.

Our leaders must stop playing politics with constitutional matters, especially highly sensitive ones like this. They must learn to treat the constitution as a sacred document, or see its contents as sacrosanct. Putting up suchlike controversial policy or initiative unannounced is not unlike creating room for anarchy. The basic and rudimentary role of any executive

leader is to fiercely safeguard the constitution guiding the society led by him/her, and not the other way round.

It’s more troubling and mind-boggling that the idea came up when we are deeply concerned about the ongoing indolence on the part of the public servants. I’ve always been of the view that five days a week aren’t even enough for the workers to put up effective and efficient services, let alone three days. The governor is equally encouraging the workers to be marred by laxity or apathy, which doesn’t augur well for the state’s economy. Even if the prime motive of the measure is to enable the workers create other sources of income, the free hours they already enjoy every week is sufficient for such intent if truly the worker is determined to diversify his/her income source. Funnily enough, the governor never bothered to discuss the opinion with other leaders or stakeholders before announcing it.

Besides, who told Gov Okorocha that the best way to encourage agriculture is by reducing the workers’ working days? Even if the governor lacks an adviser on agriculture, he would have adequately consulted the cognoscenti

before making his idea known to the general public. He may have a laudable and genuine mission as regards agriculture to execute, but the bitter truth is that he started wrongly.

However, His Excellency never told us how he intends to monitor the workers toward ensuring that the free days in question are judiciously utilized as expected.

For crying out loud; farming practices can be encouraged in so many ways without thwarting the healthiness of the civil/public service. Someone who goes to work by 8am and comes back by 3pm on a daily basis, and only during the weekdays, has all the time in the world to participate actively in agriculture.

Aside the workers, there are other groups that can be encouraged to embrace farming.

Agriculture reckoned to be a very lucrative occupation cum business has abruptly become a thing of mockery not just in Imo State but Nigeria at large. We really need to go back to the drawing board. When everything is apparently going wrongly in any field of human endeavour, the most apt thing to do is to retrace our steps back to the genesis. Think about it!

How to transform Nigeria

A Matthew Oye

ny political party that wants to win political power always campaign based on CHANGE. This change mantra seem to resonate with the people even though politicians and the people that are voting for change have no idea of what it means.

Transforming a nation is not about rhetorics. It takes a lot of thinking through by a leader with his transformational team. Every change must follow some painstaking principles, which I want to share with every Nigerians including our political leaders today. One can only share a little at time.

Before the last presidential election in Nigeria, I I wrote articles campaigning for the Buhari-Osibanjo team.to and based on our collective efforts the opposition party won and we were ready to be part of the change. But what do we see, only theirs friends, family and the people they know are appointed to the various positions. Those who came from the village and have no connection could not find a place in the diary of our highly leaders.

But whatever the difficulty we are

facing now, we the people will take back our nation and transform it to where every Nigerian will have the opportunity to serve not because we are a friends or a family but because we have the moral, intellectual capacity to deliver results. Those with something of value to offer should be appointed to serve and not families and old friends.

You see, every animal can survive by adjusting itself to any environment. That is not the nature of Man. Man is the only specie that has the ability to change himself, his environment and nation. As a person, transforming your life will be determined by your intellectual development. In addition, by God’s matchless grace, every individual has a limitless capacity for intellectual growth. Your ability to learn, think and develop intellectually, opens you to endless possibilities.

Let every man and every woman hears me, nobody from another country is coming to build Nigeria for us. It is only Nigerians that can transform Nigeria. It is very clearly to those advocating for referendum or whatever should perish that idea.

Nigeria is not going to break. God brought us together to be a great nation. God want Nigeria to be one

indivisible nation. Our strength is in our unity and diversity. Let Nigeria remained one and let us work together to transform this great nation.

How can you as an individual transform your life? How can we as a people transform this nation? The process of transforming a nation begins when we elect a servant leader who has the moral and intellectual capacity to mobilised the entire nation working together towards actualising a shared vision. By the way, what is our vision as a nation?

Transformation involves leadership and all citizens of a nation deliberately engaging in creative and productive thinking and productive work. As a nation, we should continue to invest massively in knowledge and specialised skills. To transform our nation we should raise the bars on the things that important to us.

Leadership should engaged in analytical thinking. The responsibility of a leader is problem solving, the leadership of our nation should create a conducive environment where a high percentage of our people can get themselves engaged in productive work. It is by Productive thinking and productive work that we can change this nation

When I relocated to Nigeria few weeks ago, I did not returned to come and adjust myself to conform to Nigeria corrupt environment. I came to transform Nigeria. I love Nigeria and I want to work for Nigeria to be the greatest country in the world. I call on all Nigerians, let us unite, work together and align our strategy for the transformation of the great country. Let me use this opportunity to commend the Buhari -Osibanjo progressive Government who are doing their best to fulfill their God given mandate of cleaning and cleansing the nation of corruption. President Buhari is hitting hard on corruption and corruption is fighting back. But all corrupt elements will loose nor matter how hard they fight back, because it is God Himself using the president Buhari to fight them. However, very soon this progressive corruption fighting government will finish their assignment and it will be the defining moment of those of us in the Transformation Group to take back our nation. Surely, Nigeria will become a great nation. We will pray for it. We will work for it. We will use our intellectual and moral power and with the help of God transform Nigeria.God bless you.

16

Daily Times Nigeria Monday, August 8 , 2016

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News 18

Daily Times Nigeria Monday, August 8, 2016

Non-payment of arrears: Aregbesola commends Osun pensioners for understanding Sodiq Adekunle Osogbo

ÏÏÏGovernor

of Osun State, Ogbeni Rauf Aregbesola has pacified pensioners in the state over their display of high sense of understanding in the face of the present economic recession.

Governor Aregbesola also lauded the rare contributions of the state retirees towards the upliftment of the state, saying his government would not for whatever reason derail from being sensitive to their plights.

The governor stated this while presenting Bond Certificates to Retirees under the Contributory Pension Scheme, organised by the Local Government Staff Pension Bureau, at Multipurpose Hall, Local Government Service Commission, State Secretariat, Osogbo.

Aregbesola said in spite of the tough financial challenges on account of dwindling oil prices and depleted receipts from the federation account, the state has been committed to paying pensions and gratuities to retirees.

The governor recalled that

when his administration came on board in 2010, the monthly pension for MDAs and Public Secondary Schools was N200million which his administration increased to N520million.

He said: “In 2010, we committed N400million to pension. In 2011, we increased our monthly pension obligation to N250million and we paid N3billion that year.

“By March, 2012, our Pension obligation rose to N300million monthly which cost N3.5billion.

But in December, 2012 about 5,000 retirees were added to the exist-

ing 9,000 pensioner in the state and in the following year, 2013, we increased our monthly pension to N520million and paid out N5billion in the same years.

“In 2014, though the economic meltdown had started and we started having difficulties on pension payment, we still committed a total sum of N4.9billion to pension.”

Governor Aregbesola said the set of the current retirees is the third batch that would be obtaining their certificates under his watch since the contributory pension scheme kicked off in 2014.

Tom Garba Yola

ÏÏÏA

fire outbreak which cause was yet to be identified, last weekend, consumed the Business department of the Adamawa State University (ADSU), Mubi.

An eye witness who narrated the disaster amidst shocks, and pleaded for anonymity said: “I have never seen this kind of disaster, the fire was just flaming as if someone somewhere else is putting petrol, I want to believe that goods worth millions of Naira were consumed by the incident.”

A student, who spoke on condition anonymity, said the most painful part was that document belonging to departments were burnt.

The inferno is considered the worst since the history of the fire in the university and only the intervention of well-mean-

Bad portion on the Apapa-Ijora-Wharf Road, in Lagos… recently.

Budget padding: Lawmaker urges FG to prosecute perpetrators ÏÏÏ

A member of the Lagos State House of Assembly representing Shomolu Constituency II, Hon. Rotimi Abiru has called on the Attorney General of the Federation Mr. Abubakar Malami (SAN) to immediately initiate process of prosecuting all the federal lawmakers involved in the budget padding which has caused the country a national embarrassment and brought it to ridicule.

Abiru, who was reacting to the padding revelations from the lawmakers as it affected the 2016 Budget in an Interview in his office at Assembly Complex, Alausa, Ikeja, Lagos, said, “Budget estimate is a law which the Constitution gives so much power to the parliament to Legislate upon.

Fire razes Adamawa varsity ing Nigerians will help to stabilise the institution.

The student allegedly noted that the help of the staff and students who came to the rescue prevent the fire from spreading into other buildings.

While inspecting to ascertain the level of the damage, the Vice Chancellor of ADSU, Dr. Moses Zaruwa told newsmen that the burnt buildings destroyed by the inferno is a colossal lost, describing the incident as “highly regrettable, as valuable documents that can help in the decision making of the organization were gutted away by the fire.”

Pay your workers, Oshiomhole tells Edo LG chiefs Titus Akhigbe Benin

ÏÏÏ Governor Adams Oshiomhole of Edo State has directed the Heads of Service of Local Governments to prioritise the payment of local government workers’ salaries, adding that they must look inwards to generate revenue to meet their wage bill and block all loopholes.

Speaking during a meeting with the Chairman of Esan North East

Local Government, Mr. Sam Oboh and Heads of Service of the other 17 Local Government Areas in the state, last weekend, Oshiomhole said the government does not tamper with one kobo of local government funds.

He said: “A former Chairman of Etsako West told me how they used to take money to the Governor’s office every month before I assumed office and I told him, under my tenure, we would not accept money either for the governor, the deputy governor or anybody in govern-

ment, that they should manage their money by themselves.

“You have to state the truth before the Edo public. I need you to confirm whether the state government is involved in your expenditure and if we are not, I need you to say so.

“On assumption of office here, I have never asked the local governments to fund any state project.

You appropriate your money and spend in your local government.

If there is fraud in it, it is purely by yourselves, if there is transpar-

ency it is by yourselves.

“When I see local government employees demanding salaries from state government, you cannot work for Leventis and ask Coca-Cola to pay you because you are operating in the same environment. We gave full meaning to the concept of Local Government autonomy. You have full autonomy, as I sit here I have never approved, or refused to approve nor was it ever brought to my consideration, any project that a local government wanted to embark upon.

Oshiomhole

Daily Times Nigeria Monday, August 8, 2016

Features Æ s

19

Ndigbo kicks over $1.5m WHO donation to Gov Ikpeazu God’s Covenant Snr The cheque for 1.5 million dollars presented to Governor Okezie Ikpeazu of ABia State by the World Health Organisation (WHO) is generating storms across the Southeastern states.

Stakeholders, traditional rulers and youth organisations are convinced the money would be ‘accidented’ and end up in private pockets thereby defeating the good gesture of the world health body.

The money which was meant for the implementation of the World Health Organisation’s ‘Save Our Million Lives’ Program - a maternal/child health care initiative in the state, was presented to Gov Okezie Ikpeazu by the Commissioner for Health, Dr. John Ahukanna who led the WHO delegation to the state. The Commissioner had, upon presentation of the cheque, urged that the money be judiciously disbursed to Maternal/Child Health Care throughout the state.

On the forefront of stakeholders who oppose the handing over of the money to government is radical founder of the Liberation Temple of Absolute God and Universal Worship Centre in Nri, Anambra state, Prophet Dr. Ramas Okoye Asuzu, Amb.P, FCON. Ramas who spoke to The Daily Times on Wednesday at his coun-

Gov Ikpeazu

try home in Anaocha Local Government Area, Nri, the famous ancestral home of Ndigbo, posted that the World Health Organisation has made a very big mistake because of the culture of nonaccountability of governments to the electorate.

“We know what politicians do with state money and nobody has

Ramas

been able to hold them accountable.

“Part of all that money will go for their merry making, while they will keep the bulk for their next election; that is when we witness politicians carrying money in ‘Ghana-must-go’ bags to traditional rulers, to bishops and to reverends; that has been the cul-

ture and it will not help matters.

“Whatever they are sending to help the poor and downtrodden should be sent through foundations that have been caring for the sick and disabled, the widows and the less privileged in the society.

“Such a laudable project should be committed to well known

foundations that has identified with grassroots people and their problems from time,” he said.

It would be recalled that the $1.5 million grant is a seed fund for beneficiary states whose work plans had been scrutinised

by Federal Ministry Of Works/ World Bank and approved as implemented.

I stole my master’s car because he forgot my birthday - suspect Oguntade ismaila A 24-year-old man who was apprehended by operatives of Rapid Response Squad (RRS) of the Lagos State Police Command, for allegedly stealing a Black SAAB Saloon Car, with registration number, AAA 581 CG, belonging to his helper, has said that he stole the car to punish him because he forgot his birthday. He also confessed that he is obsessed with the car and will continue to steal it.

The suspect, Richard Akinwale, was trailed from Iju Road, Fagba area, for about five hours by the RRS officers before he was Richard

eventually arrested along Wempco road in Agindigbi in Ikeja.

A dropout from Northern American University in Cotonou, Benin Republic, Akinwale broke into the living room of his victim, Adelabu Tolani, through the ceiling to pick the car keys and carted away the vehicle along with other valuables.

At the RRS headquarters, the suspect, who owned up to the crime, confessed that he stole the car and other valuables of his helper deliberately to punish him for forgetting his birthday.

In his words: “I was accommodated into the Adelabu’s home about five years ago. I was able to have been part of the Adelabus

being friend to his wife’s brother right from the Church camp. Living with him and his family was a privilege for me.

“He sponsored my educational career before I dropped out from the institution at final year. His wife was also very supportive.

But I deliberately committed the offence because they asked me to move out of their house.”

It was gathered that the suspect who had in the past stole the same vehicle along with other personal effects of the Adelabus pleaded for mercy from the car’s owner before the owner could secure his release at the Ogonbo Police division in Ajah area, where the case was initially reported.

Features 20

Daily Times Nigeria Monday,August 8, 2016

RCCG’S NEW MARRIAGE ACT:

Christian youths react to Pst Adeboye’s directives Adeshewa Akanni-shelle, Precious Ukwuoma, and Maurice Ejiofor Ripples from the ongoing August Convention of the Redeemed Christian Church of God (RCCG) stunned spinsters and eli-

gible bachelors of the mega church when the General Overseer, Pastor Enoch Adeboye read out a riot act, commanding the young folks not to marry outside the church.

Daddy G.O. (as he’s fondly called) also directed the bachelors not to marry a lady who cannot pray for one unbroken hour, a lady who

cannot cook, and to his pastors, Pst Adeboye said he doesn’t want to see any of his pastors (with beards) looking like fellows from the training camps of Al Qaeda!

Our team of reporters went to town over the weekend and brought the reactions below from the young ones.

Dami (Student)

Adeboye

Oduwole (Lawyer)

Like in Christ Embassy, the directive is that you should marry someone with the same vision as you. Every church has its doctrine, so if a Christ Embassy member marries a Redeemite, the way they pray in Redeem Church is different from the way Christ embassy prays.

But about marrying only someone in Redeem, there is no big deal in leaving your church for his, but that should depend on the intending couple: I think whichever Church one worships should not be a hindrance.

What Baba said about prayer is cool: why would a woman not be able to pray for an hour?

You can be praying, speaking in tongues, and doing something at the same time and before she knows it, the hour is over.

A lady shouldn’t mind leaving her Church for her husband’s, but it is quite rare for a man to leave his own Church for the lady’s. It however depends on the understanding between the two.

Personally, I won’t mind leaving my own church for my husband’s, and as for prayer, sure I can pray; for one hour? I have not timed myself but I can if I have to.

Also, I can cook.

Victor (Accounts officer)

Miss Stella (Stylist)

Well, for the man to say a Redeemite should marry a Redeemite, he has his reasons for saying that.

Like the last convention, he mentioned that if you are not a believer, you shouldn’t put offering in any Redeem Church. He is the General Overseer, so I think he knows better.

If I ask a girl in redeem out, and she refuses, I will have to let her go, you don’t have to marry because of a particular thing, love is a natural thing. If I love a Redeem lady and propose to her, and she says, no because G.O. said so, I will have to let her go. The only I want to marry is love, not the Church she attends or the one I attend.

As Christ is the head of the Church, so also the man is the head of the family. If you can get married to a Redeemite, there is nothing wrong in joining your husband in Redeem.

I am a practicing Catholic and would love to marry from my Church, but if I can’t get a husband from my Church, the Church should not say I cannot marry from outside especially if the man is a born again Christian; I should be left to make that choice.

On the cooking aspect, normally, a man should marry a lady that can pray and can cook, but that the lady must become a prayer warrior for one hour, I am not comfortable with that and I don’t support it.

Martins (Undergraduate) Titilayo (Data Consultant) If you are a lady and you get married to a man, you must follow him to his church, whether Redeem, Mountain of Fire, or any other Church. That is proper and Godly.

As for praying for an hour without resting, it is just a normal thing that anybody can do.

I don’t think God set all those conditions for the man to leave his mother and his father and cleave unto his wife. Men at their best will remain men.

None of those problems cannot be overcome if you love your partner. I can patiently teach my wife to cook better if she is not good enough because there is no lady of African origin that cannot cook.

If you are not satisfied with her standard, teach her or send her to a catering school for a crash programme: that is love. As for prayer, what would you be telling God for a whole hour? The Scriptures advised us to ‘Let our words be few’ because God is in heaven above, and we are on earth below.

It is only those who are paranoid that always bind the Devil and perceived enemies in the family or neighbourhood or at their workplace and, before you go round all that chain one hour would definitely be over, but we all don’t have to pray like that.

Tomi (Legal practitioner) It is the normal things they preach in churches about relationship anyway, and I feel it is the right thing to watch out for when you plan to get married.

But I don’t totally agree with the one that says a Redeemite must not marry outside the Redeem Church. It shouldn’t really matter, so far as the other person is a born again Christian. If I marry someone who is not a member of my Church, I may attend his church, but I won’t leave my place of worship.

The Church is not just a physical thing but a spiritual fellowship. If I am engaged to someone who is not a Redeemite, would it be proper or even Godly for us to break up our intent on account of difference in place of worship? Didn’t Christ come to make us all one body?

Oluwasegun (Student) What the man of God said is not wrong, but actually if a woman loves her family, she has to pray even more than one hour.

As for getting married to a Redeemite, I think he is wrong, because the criteria to marry anyone is that he or she should be a believer, and a Christian.

Daily Times Nigeria Monday, August 8, 2016

JAMES TAMUNONEGIYE IDRI

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ELTEK VALERE LIMITED

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ELYON PRAYER MOUNTAIN MINISTRY

AKAM WILLIAM UDOWIN

THE AIMS AND OBJECTIVES: 1. To preach the undiluted words of God. 2. To usher souls into the Kingdom of God. 3. To proclaim and teach about the path way of salvation and deliverance.

4. To teach on the principle of giving and love among brethren

EXCELLENT RURAL WOMEN EMPOWERMENT FOUNDATION. This is to inform the general public that the above named has applied for Registration with the Corporate Affairs Commission under part “C” of the Companies and Allied Matter Act 1990.

Board of Trustees 1. IMADOJEMUN VIE LOVE TH 2. PRINCEWILL IMADOJEMUN 3. GODWIN UYI OJO. Aims And Objective.

1. Empowering rural women to welfare of members.

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

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

Signed: TRUSTEES

Signed: Chairman

LOSS OF DOCUMENT

The general public is hereby notified that the Original Copy of the Registered Deed of Conveyance of the property situate at No. 1, Oke-Arin Street (Formerly No. 3, Oke-Arin Street) llupeju, Lagos in the Odi Olowu Local Council Development Area (LCDA), Mushin Local Government Area of Lagos State with Plan No. CW425/59 dated 24/9/59 and Registered in the Lands Registry, Lagos belonging to late Mr. S.A.B. Akinwale of No. 1, Oke-Arin Street (Formerly No. 3, Oke-Arin Street) llupeju, Lagos State, and the Deceased having died intestate, which title under the Yoruba Native Law and Custom of inheritance by idi-igi has devolved on his principal Sons and Daughters all of No. 1, Oke-Arin Street (Formerly No. 3, Oke-Arin Street) llupeju, Lagos State.

All effort made to trace or recover it proved abortive. This public notice is for record purposes and to notify Lagos State Lands Registry.

THE JUSTIFIED PEOPLE ASSEMBLY

THIS IS TO INFORM THE GENERAL PUBLIC THAT THE ABOVE NAMED ASSEMBLY HAS APPLIED TO THE CORPORATE AFFAIRS COMMISSION FOR REGISTRATION UNDER PART “C” OF THE COMPANIES AND ALLIED MATTERS ACT, 2004.

TRUSTEES: 1. PASTOR STEPHEN OLANIYI. 2. MRS DELFIN EDOHO. 3. ENGR.MEIKPAKA TAMUNOKURO. 4. MRS VICTORIA OKWUSA. 5. PASTOR CHIDIEBERE UGWEGBU. 6. ENGR.MRS IJEOMA EGWEGBU. 7. ENGR.PROGRESS FUA. AIMS AND OBJECTIVE: 1. TO SET THE CAPTIVES FREE BY THE POWER OF THE HOLY SPIRIT. 2. TO HELP THE LESS PRIVILEGE THROUGH CHARITY AND MAKE DISCIPLE OF ALL NATION THROUGH EVANGELISM. ANY OBJECTION TO THE REGISTRATION SHOULD BE FORWARDED TO THE REGISTRAR-GENERAL, CORPORATE AFFAIRS COMMISSION, PLOT 420, TIGRIS CRESCENT, OFF AGUIYI IRONSI STREET, MAITAMA, P.M.B. 198, GARKI, ABUJA WITHIN TWENTY-EIGHT (28) DAYS OF THIS PUBLICATION SIGNED: MRS DELFIN EDOHO SECRETARY.

Public Notice 22 UMUZU OGALIHU UNION LAGOS BRANCH

Daily Times Nigeria Monday, August 8, 2016

THE BUMPER HARVEST OUTREACH INT’L

CENTRE FOR EDUCATION & DEVELOPMENT IN PHYSICAL REHABILITION

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

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

THE TRUSTEES ARE: 1. ROLAND UCHENNA NWAHIRI 2. VICTUS CHIKA NWACHUKWU 3. JULIUS IBEAWUCHI NWACHUKWU 4. VITALIS VICTUS AZUOGU 5. CHRIS AZUBUIKE NWACHUKWU 6. GERALD NNANYERE OGBONNA

TRUSTEES 1.EVANG.NDUBUEZE JOSIAH(PRESIDENT) 2.PAST VICTOR NGWAKWE(SECRETARY) 3.SISTER CHINENYE NDUBUEZE 4.BROTHER VINCENT OJEBE OGBA.

THE AIM AND OBJECTIVES: 1. TO FOSTER CLOSER UNDERSTANDING AMONG MEMBERS 2. TO EXTEND WELFARE SERVICE TO ITS MEMBERS IN FRIENDSHIP AND LOVE

AIM AND OBJECTIVE 1. PROPAGATION OF THE GOSPEL OF THE LORD JESUS CHRIST & DEVELOPMENT OF THE CHRISTIAN FAITH.

AIMS 1 Developing resarch education and easy acces to community based physical rehabilitation services 2 Training specialists and staff managing rehab centers

Any objection to this registration must reach the Registrar-General of Corporate Affairs Commission Maitama Abuja within 28 days 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 28 days of this Publication.

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

SIGNED: PRESIDENT

Signed MRS TOYIN ADESIYAN (SEC, ADMIN)

Signed: G. N. OGBONNA, ESQ SOLICITOR 08030407475

IBIJOKE CHILDREN FAMILY GOD RESTORE US 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.

Trustees Names: [1] JOHNSON JOKE ELIZABETH. [2] JOHNSON OLORUNFEMI BAYO. [3] OLORUNFEMI OLUWOLE AJAYI. [4] AIGORO ADEGBENGA SAHEED. AIMS AND OBJECTIVES: IT IS DEDICATED TO PROTECTING AND STRENGTHENING MOST VULNERABLE CHILDREN, FAMILY AND COMMUNITY. Any objections to this registration should be forwarded to the Registrar general corporate Affairs commission plot 420 Tigris crescent off Aguiyi Ironsi street maitama Abuja within 28days from the date of this publication.

Signed: Trustees

PROFESSOR ADEBOWALE ATANDA FOUNDATION

THE SENT ONES DELIVERANCE OUTREACH MINISTRY. The general public is hereby notified that the above named Ministry has applied to the Corporate Affairs Commission for Registration under part “C” of the Companies and Allied Matters Act 1990.

THE TRUSTEES ARE: 1. Sylvia Onyekwere.

2. Stephen Ogieva

Any objection to this registration must reach the Registrar-General of Corporate Affairs Commission Maitama Abuja within 28 days of this publication.

SIGNED:

Signed: Secretary

Barr. Elizabeth Ishola

GOD IS FAITHFUL UNIVERSAL ASSEMBLY

The Trustees Are: 1. OJO AYODELE JACOB 2. OJO HELEN YINKA 3. OJO ADESOPE 4. SODIMU OYINDAMOLA ADEFISAYO 5. SODIMU DAMILOLA BABATUNDE Aim & Objective: 1. TO PREACH THE WORD OF GOD

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

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

Signed: Trustees.

SIGNED: TRUSTEES

TRUSTEES ARE -1.PASTOR ABAYOMI ADEFISAYO - CHAIRMAN 2.EVANGELIST(MRS) OLUREMI ADEFISAYO-VICE CHAIRMAN 3.MR SAMUEL ADEFISAYO - SECRETARY .

4 BARR(MRS)FOLAKE OLANIYAN 5. DR(MRS)ADEOLA ABATAN AIMS: 1. PROPAGATION OF CHRISTIAN GOSPEL 2.FEEDING OF THE LESS PRIVILEDGED EVERYDAY 3.CONDUCTING OF FREE MEDICAL SERVICES. Any Objection(s) to this registration should be forwarded to the Registrar General, Corporate Affairs Commission, plot 420, Tigris Crescent, off Aguiyi Ironsi Street, Maitama, PMB 198, Garki, Abuja within 28 days from the date of this publication.

SIGNED BY F R OLANIYAN MRS..

CABLE NEWSPAPER JOURNALISM FOUNDATION

THE TRUSTEES ARE: 1. Nanman Gunning 2. Philemon Kash 3. Jessica Raymond Longba 4. Dr Isaac Igoh 5. Barr. Elijah Igoh 6. Christiana Mutfwang

Any objection to this registration must reach the RegistrarGeneral of Corporate Affairs Commission Maitama Abuja within 28 days of this publication.

The Trustees Are: 1. ADEJOKE A. FATUNDE 2. ADEBOYE ATANDA

YOMIREMI ADEFISAYO MINISTRY

LIVING HOPE FOUNDATION FOR WOMEN AND YOUTH The general public is hereby notified that the above named, has applied to the Corporate Affairs Commission for Registration under part “C” of the Companies and Allied Matters Act 1990.

The aim and objectives: Skill acquisition for Women and Youth, training in information technology, creating awareness on the danger of drug abuse, trafficking of women and children prevention of teenage pregnancy

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 the part C of Companies and Allied Matters Acts 1990.

Trustees 1 Mr Oluwayomi Aoko - trustee 2 Oladayo Omoborode Aoko 3 Mrs Mary Aoko -trustee

THE AIM AND OBJECTIVES: 1. To preach the gospel of our Lord Jesus Christ all over the World

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.

Aims And Objectives: 1. To cater for the less privileged in the society.

2. To assist needy but intelligent students through provision of books,fees and scholarships.

3. To promote gualitative and standard education among institutions of learning.

The general public is hereby notified above named non governmental organization ( NGO) has applied to the corporate Affairs commission Abuja for registration under the part C of the companies and allied matters act. Cap 20 LFN 2004 as amended

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

NAMES OF TRUSTEES: 1. ANI IKECHUKWU CHRISTIAN 2. NWOBODO OBINNA 3. NNAMANI AHANNAYA CHIGOZIE 4. EDEH EDMOND MONDAY 5. EZE SIMON 6. NWODO OKEY ANTHONY 7. ONYEKA CHUKWU OVERCOMER NNAMANI AIMS & OBJECTIVES: 1.TO FOSTER PEACE AND LOVE AMONG OUR PEOPLE. 2. TO BRING SATIRE DEVELOPMENT TO OUR PEOPLE. 3. TO FIGHT FOR THE RIGHT AND WELFARE OF OUR PEOPLE. Any objections to this registration should be forwarded to the Registrar general corporate Affairs commission plot 420 Tigris crescent off Aguiyi Ironsi street maitama Abuja within 28days from the date of this publication.

SIGNED: SECRETARY.

LIFESOURCE GLOBAL IMPACT INT’L CHRISTIAN MINISTRY

MESSENGERS OF TRUTH GOSPEL OUTREACH

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.

THE TRUSTEES ARE: 1. PASTOR OLADOSU RUFUS - PRESIDENT 2. MRS OLADOSU FLORENCE ADEDUNKE - VICE PRESIDENT 3. PASTOR TAIWO OLAYIWOLA DANIEL - SECRETARY 4. PASTOR AWONBIOGBON GBOYEGA - TREASURER 5. MR ABOLOGBONRIN JOHN TOPE - PROJECT DIRECTOR.

The Trustees Are: 1. Ujadughe Osezua Isaac 2. Abulu Judith Odormen 3. Ujadughe Roger Osebor

AIM AND OBJECTIVE: 1. TO PREACH THE GOSPEL OF OUR LORD JESUS CHRIST.

Aims And Objectives: (1) To redeem lost souls to christ jesus (2) To give help to the needing

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

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

SIGNED: SECRETARY.

Signed: Trustees.

CLUB 96 EXCLUSIVE OF NIGERIA

THE FAITHFUL WITNESS PRAYER MINISTRY

The above named organisation has applied to the Corporate Affairs Commission for registration in accordance with the provision of the Companies and Allied Matters Act, 1990 Part C.

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

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

The Trustees are: 1. MR. SIMON KOLAWOLE 2. MRS ABIMBOLA KOLAWOLE 3. MR. YUNUSA TANKO ABDULLAHI

THE TRUSTEES ARE: 1, UCHE IGWE ONU. - PRESIDENT 2, CHRIS ANYANWU. - MEMBER 3, ALBAN CHUKWUEMEKA EKEH - MEMBER 4, UCHE EKEH JAPHET - MEMBER 5, VALENTINE UJUNWA. - SECRETARY

The Trustees Are : 1. PASTOR NICHOLAS IDOWU - chairman.

2. SABESTIAN JIDONU ESQ - secretary.

3. MR. BENSON BRUNO - member.

4. MR. DOSA PHILIP - member.

Aims and Objectives: 1.To promote and support investigative journalism of issues focusing on poverty and development in Nigeria 2. To support journalism training in areas of development Any objection this registration should be forwarded to the Registrar General, Corporate Affairs Commission, Plot 420, Tigris Crescent, off Aguiyi Ironsi Street, Maitama, Abuja within 28 days of this publication.

Signed:LOCUS (Barristers & Solicitors) Lagos. 0802 7733 721

AIMS AND OBJECTIVES: 1, TO PROMOTE AND FOSTER UNITY AND COOPERATION AMONG MEMBERS 2, TO WORK TOGETHER TOWARDS THE PROGRESS AND DEVELOPMENT OF MEMBERS 3, TO HELP ONE ANOTHER IN TIMES OF PROBLEMS AND DIFFICULTIES 4, TO ENHANCE THE ECONOMIC WELLBEING OF MEMBERS. ANY OBJECTION TO THE REGISTRATION SHOULD BE FORWARDED TO THE REGISTRA CORPORATE AFFAIRS COMMISSION, 240, TIGRIS CRESCENT, OFF AGUIYI IRONSI STREET, ABUJA WITHIN 28 DAYS FROM THE DATE OF PUBLICATION. SIGNED: SECRETARY.

Aims And Objectives : 1. To preach the gospel of christ Jesus.

2. To proclaim the lordship of Jesus christ over the church.

3. To promote and provide bible college for the training of ministers of the gospel of christ Jesus.

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

Signed: Secretary

Daily Times Nigeria Monday, August 8, 2016

UNIFIED MUSLIM FRONT ISLAMIC OF NIGERIA, ABEOKUTA, OGUN STATE This is to inform the general public that the above named has applied for registration to Corporate Affairs Commission under Part “C” of the Companies and Allied Matters Act N0. 1 of 1990.

THE TRUSTEES ARE : (1) ALH. MUFTAU SODIYA. (2) ALH. MUIZ SONEKAN. (3) ALH. SAHEED LAWAL. (4) BRO. HUSEAIN OMITOGUN. (5) BRO. SAHEED OYEWUSI. (6) MRS. ODUNBAKU RAMOTALAI. AIMS AND OBJECTIVES: 1. REACHING OUT TO THE WORLD FOR ISLAM THROUGH THE POWER OF PRAYER AND TEACHING. 2. ORGANISED FOR RELIGIOUS, CHARITABLE AND EDUCATIONAL PURPOSES. 3. PUBLICATION OF ISLAMIC BOOKS, MAGAZINES, TRACKS AND TAPES TO IMPACT ON LIFE OF PEOPLE. Any objection to this registration should be forwarded to the Registrar-General Corporate Affairs Commission, Plot 420 Tigris Crescent off Aguiyi Ironsi Street, Maitama, Abujawithin 28 days from the date of this publication.

Signed Secretary

23

AD-DIYAAHU ISLAMIC SOCIETY OF NIGERIA

AUCTION SALES

The General Public is hereby notified that the above named has applied to the Corporate Affairs Commission for Registration under Part C of the Companies and Allied Matters Act 1990.

There will be an auction sales on TRI-CYCLES (KEKE), and INDUSTRIAL GAS CYLINDERS at the Nigeria Divisional Police Headquarters, Elimgbu Rivers State. After 21 days from the date of this publication.

THE BOARD OF TRUSTEES ARE:(1) Abdul Wahab Arisekola Sikirullah (Chairman) (2) Fatahi Olayiwola FOLARIN (TREASURER ) (3) Samod Olayiwola O. (GENERAL SECRETARY) (4) Kehinde Falilat Adunni, (P.R.O) (5) Quazim Odetola AYODEJI, (Member) (6) Ibraheem Salako ABIOLA THE AIMS AND OBJECTIVES ARE:1. To propagate Islam as a religion using Quran & Sunnah as references 2. To develop & maintain a strong Islamic character of Members using Quran & Sunnah as references 3. To actively participating in helping the poor and less privilege in the society Any objection to this registration should be forwarded to Registrar-General, Corporate Affairs Commission, Plot 420, Tigris Crescent, Off Aguiyi Ironsi Street, Maitama Abujawithin 28 days from the date of this publication SIGNED BY: SECRETARY

UYO CENTER FOR JUSTICE PEACE AND DEVELOPMENT INITIATIVE The General Public is hereby notified that the above named has applied to Corporate Affairs Commission for registration under part C of the Companies and Allied Matters Act 1990.

THE NAMES OF TRUSTEES ARE:1. MOST REV. DR. JOHN EBEBE AYAH 2. DR FRANCIS ASUKWO ETIM 3. ARC. FABIAN FRANCIS ETIM 4. MRS UDUAK IMO UDOFOT 5. BARR. EKEMINI GODWIN UBA 6. MRS COMFORT GABRIEL AKPAN 7. MR AUGUSTINE ANIETIE OKOKON THE AIMS AND OBJECTIVES ARE:1. TO INCREASE CITIZENSHIP PARTICIPATION IN GOVERNANCE FOR EFFECTIVE DEVELOPMENT THROUGH TRAINING AND ADVOCACY 2. TO PROVIDE AND FACILITATE ACCESS TO JUSTICE FOR ENHANCEMENT OF FREEDOM AND DIGNITY OF PERSONS Any objection to this registration should be forwarded to Registrar-General, Corporate Affairs Commission, Plot 420, Tigris Crescent, Off Aguiyi Ironsi Street, Maitama Abujawithin 28 days from the date of this publication SIGNED BY: BARR. EKEMINI GODWIN UBA ACCESS LAW HOUSE 155 IKOT EKPENE ROAD UYO, AKWA IBOM STATE

EGI UNITY ORGANIZATION 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 N0. 1 of 1990.

THE TRUSTEES ARE ; 1. Senator Ake, Wilson Asinobi Chairman .

2. Umesi Isreal Ekweme - General Secretary.

3. Ile Chinedum - Member.

4. Chief Raphael Isiodu Akogu - Member.

5. Umah Moses - Member.

AIMS/OBJECTIVES; 1. To cater for the welfare of Egi people.

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

Signed ; Umesi Isreal Ekweme (General Secretary )

AHUEMWENGBE SOCIAL CLUB OF LAGOS This is to inform the general public that the above named “CLUB” has applied to the Corporate Affairs Commission for registration under the part C of Companies and Allied Matters Acts 1990.

TRUSTEES ARE - .

1.DANIEL OSAYANDE - Chairman.

2. FESTUS AMENAGHAWON - Member.

3. BRIGHT IGBINEDION - Secretary.

4. OKOJIE JOES - Member.

5.ERNEST OSAWE - Member.

6.SHEDRAH AMENAGHAWON - Member.

7. OSADOLOR OMOBUDE. AIMS AND OBJECTIVES. 1. TO FOSTER UNITY AND PROGRESS AMONGST MEMBERS. 2. TO RENDER HUMANITARIAN SERVICES TO MEMBERS AND COMMUNITY AT REACH.

OKPONESIP CHARITY ORGANIZATION The general public is hereby inform that the above named Organization has applied to Corporate Affairs Commission for registration under Part ‘C’ of the Companies and Allied Matters Act, Degree No. 1 of 1990.

THE TRUSTEES ARE: 1. JAYNE IDONGESIT UMOH - PRESIDENT 2. VICTORIA DAVID UMOH - SECRETARY 3. OTOBONG DAVID UMOH - TREASURER AIMS/OBJECTIVES: 1. To assist the needy.

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

Signed: JAYNE IDONGESIT UMOH (PRESIDENT) .

LOSS OF ORIGINAL TITLE DOCUMENTS This is to notify the general public, all Banking institutions, Business and Financial institutions and Any Concerned Body about the loss of the Original Title Documents of 24 Berkley street, Lagos Island, Lagos which was lost on the 5th October 2015 and a report was made at the Nigerian Police station at TBS on 27th May 2O16.

The Title document cited belongs to the family of Nathaniel Christopher Coker and is registered at the Lagos State Land Registry dated 11th of November 1892 and registered at No 3 on page 7 in Volume 21 of the Register of Deed.

Please beware of any person issuing you with the original as it has been declared lost and /or stolen.

Whoever is in possession of the Original Title Document should note that, the Original title document has been declared null and void by the Family.

Signed:Dapo Coker Oluwatoyin Coker Omololu Coker For themselves and on behalf of the Family.

Any Objection(s) to this registration should be forwarded to the Registrar General, Corporate Affairs Commission, plot 420, Tigris Crescent, off Aguiyi Ironsi Street, Maitama, PMB 198, Garki, Abuja within 28 days from the date of this publication.

Signed By: SECRETARY.

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 N0. 1 of 1990.

THE TRUSTEES ARE; 1. ORIEKU BLESSING WALI - PRESIDENT .

2. LADY AMADI WORLU - SECRETARY. 3. MACAULAY STELL - TREASURER. AIMS/OBJECTIVES; 1. To promote peace & Unity among the Community members.

2. To ensure adequate development of the Community women at large.

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

SIGNED; ORIEKU BLESSING WALI (PRESIDENT )

LAND OF SOLUTION PROPHETIC MISSION INT’L The general public is hereby notified that the above named organization has applied to the corporate affairs commission for registration under part ‘c’ of the companies and allied matters act 1990.

THE TRUSTEES ARE: 1. PROPHET ONU EMEKA 2. MRS. BLESSING OWOLABI 3. MR. ESIVUE AUGUSTINE 4. MR. FESTUS AKO ADONOGHIE 5. MRS. ESIVUE ELIZABETH

– – – – –

President / Founder Secretary Treasurer P. R. O National Women Coordinator

AIMS AND OBJECTIVES 1.To establish and maintain place of worship for Jehovah God in accordance with the Holy Bible, nationally and globally.

2.To train, ordain and license candidates for work of Gospel ministry ANY OBJECTION TO THE REGISTRATION SHOULD BE FORWARDED TO REGISTRAR – GENERAL CORPORATE AFFAIRS COMMISSION, P.M.B 198, PLOT 420, TIGRIS CRESCENT, OFF AGUYI IRONSI STREET MAITAMA ABUJA, WITHIN (28) DAYS OF THIS PUBLICATION. SIGNED SECRETARY

CHRIST COMPASSIONATE GROUND ASSEMBLY.

TRUSTEES ARE - .

1.ADEKUNLEMUSILIU YUSUF - Chairman.

SHOWUNMI KAYODE OLUFEMI - Secretary.

3. BOLA WASIU ROWAYE.

BOARD OF TRUSTEES ARE 1. REV. UGOCHUKWU EMMANUEL NLEMUZOR. 2. MRS. OGECHI JOY UGOCHUKWU - NLEMUZOR. 3. MR. NLEMUZOR PAUL CHUKWUEBUKA.

AIMS AND OBJECTIVES. 1. TO FOSTER PEACE,UNITY,LOVE AND PROGRESS AMONGST MEMBERS. 2. TO EXPLORE ANGLES OF ENSURING THAT MEMBERS ARE ECONOMICALLY EMPOWERED INDIVIDUALLY AND AS A GROUP.

AIMS AND OBJECTIVES. 1. To Preach the gospel of our Lord Jesus Christ.

Signed By: SECRETARY.

AIMS AND OBJECTIVES. 1.TO ESSENTIALLY USE THIS FORUM FOR THE PROPAGATION OF GOSPEL OF OUR LORD JESUS CHRIST AND ALSO RENDER HUMANITARIAN SERVICES TO MEMBERS AND COMMUNITY AT LARGE. 2. TO FOSTER UNITY, PEACE AND PROGRESS AMONGST MEMBERS.

MGBUESILARU WOMEN ASSOCIATION.

This is to inform the general public that the above named “MINISTRY” has applied to the Corporate Affairs Commission Abuja for registration under Part “C” of the Companies and Allied Matters Act 1. 1990.

Signed By: SECRETARY.

TRUSTEES ARE 1. MRS. OGBENNIA VIRGINIA U. - President.

2. MRS. NWAUDU AGNES UCHE. - Secretary.

3. MRS. JULIET ODIHE - Vice President.

4. MRS.ANTHONIA OSOBARA. 5. MRS. VERONICA EZEKUDE. 6. MRS. TINA NNEKA NWAMAUZOR. 7. MRS. TINA EZIKEUGO. 8. KATE CHINYERE ONYEKAONWU.

Signed: Alh. Uballo Danu.

DYNAMIC COMMITTEE OF FRIENDS CLUB OF NIGERIA

Any Objection(s) to this registration should be forwarded to the Registrar General, Corporate Affairs Commission, plot 420, Tigris Crescent, off Aguiyi Ironsi Street, Maitama, PMB 198, Garki, Abuja within 28 days from the date of this publication.

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

1. ONE YELLOW TRI-CYCLE (KEKE) REG. N0. AKL 931 QG. 2. ONE YELLOW TRI-CYCLE (KEKE) REG. N0. BRS 601 QC. 3. ONE YELLOW TRI-CYCLE (KEKE) REG. N0. QN 346 ACH. 4. ONE YELLOW TRI-CYCLE (KEKE) WITHOUT REG. N0 .

5. ONE YELLOW TRI-CYCLE (KEKE) REG. N0. QF 320 APP. 6. ONE YELLOW TRI-CYCLE (KEKE) REG. N0. ENU 134 QG. 7. ONE BIG AND ONE SMALL INDUSTRIAL GAS CYLINDER.

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

Any Objection(s) to this registration should be forwarded to the Registrar General, Corporate Affairs Commission, plot 420, Tigris Crescent, off Aguiyi Ironsi Street, Maitama, PMB 198, Garki, Abuja within 28 days from the date of this publication.

IHIALA LOCAL GOVERNMENT AREA CHRISTIAN WOMEN ASSOCIATION ANAMBRA STATE.

Public Notice

ARRAHAMAT ISLAMIC FOUNDATION 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.

The Trustees Are: 1. WAHAB - ATERE HASHIM OLAMIDE 2. SOLIU ABDULFATAI OLASUNKANMI 3. ABDURRAUF ABASS ADESOLA 4. AHMADTIJANI ABDULHADI OLALEKAN

Any Objection(s) to this registration should be forwarded to the Registrar General, Corporate Affairs Commission, plot 420, Tigris Crescent, off Aguiyi Ironsi Street, Maitama, PMB 198, Garki, Abuja within 28 days from the date of this publication.

Signed By L.E. IBEJE ESQ. (LEGAL PRACTITIONER) 08023133028.

HOSSANAH CHURCH OF GOD 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 N0. 1 of 1990.

TRUSTEE 1. BISHOP AMOO OLUKUNLE OLANREWAJU 2. PASTOR (MRS) AMOO ABIOLA TEMILOLA 3. COMMANDER OBISESAN AKINRINSOLA OBILEKE

AIMS: To assist less privileged people in the society.

AIMS 1. To propagate the gospel of Jesus Christ for the salvation of mankind.

2. To nurture converts unto spiritual maturity.

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

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

Signed: Trustees.

Signed By BARRISTER OLORUNFEMI SAMUEL JIMSON

Public Notice 24

Daily Times Nigeria Monday, August 8, 2016

NNPC paid N56.96b into Federation Account in June -Report ÎÎÎThe

Nigerian National Petroleum Corporation (NNPC) said it paid the N55.96 billion into the Federation Account in the month of June.

This is contained in the corporation’s monthly financial report for the month of June released in Abuja on Sunday.

The report said in parts: ``NNPC transferred the sum of N55.96 billion into the Federation Account during the month under review from the net domestic crude oil receipt of N102.68 billion. ``Also, the 23rd instalment of the refund to the Federal Government of N6.33 billion was remitted into the Federation Account.’’

It added that NNPC recorded a deficit of N26.51 billion in its operations in June.

According to the reports, this represents a significant decline from a surplus

ADEJIMI OLUWASEUN. GBEMISOLA I, formerly known and addressed as, ALADETUYI OLUWASEUN GBEMISOLA, now wish to be known and addressed as, ADEJIMI OLUWASEUN. GBEMISOLA. All former documents remains valid.

General public should take note.

MRS FAMOROTI BAJOWA ADEBUKOLA

I, Formerly known as Miss Bajowa Adebukola Aderonke, Now wish to be known as Mrs Famoroti Bajowa Adebukola.

Former documents remain valid.

General public please note.

MR OBINNA CHARLES ANAEBUE I formerly known and addressed as MR OSUDE GIFT now wish to be known and addressed as MR OBINNA CHARLES ANAEBUE. All former documents remain valid.

First Bank of Nigeria and the General Public should please take note.

MR. EUSTACE CHIBUIKE ONYEJI

I, formerly known and addressed as, MR. EUSTACE CHIBUIKE OBI, now wish to be known and addressed as, MR. EUSTACE CHIBUIKE ONYEJI. All former documents remain valid. General public should take note.

ADDITION OF NAME I, CHINENYE NWAOGWUGWU, wish to add my middle name, “JUSTIN”, to my bank details, now wish be called and addressed as, CHINENYE JUSTIN NWAOGWUGWU. All former documents remain valid. General public should take note.

of N274 million reported in May. It explained that the deficit was mainly due to a decrease in its revenue generation as a result of 13.30 per cent (or N14.9 billion) decline in petroleum products sale by the Products and Pipeline Marketing Company (PPMC) and an increase in the cost of products distribution. ``Also, June 2016 operations witnessed the major impact of incessant vandalism and during the month, more than 261 vandalised points were recorded. ``In Nigerian Petroleum Development Company (NPDC), a substantial portion of crude oil sales for the month estimated to be in excess of the deficit could not be realised due to Force Majeure declared

by Shell Petroleum Development Company (SPDC) as a result of the vandalised 48-inch Forcados export line,’’ the report explained.

NNPC attributed pension intervention by Corporate Headquarters to bridge the funding gap as well as the one-off gratuity payment as another reason for the deficit.

The report further said the corporation recorded group operating revenue of N118.39 billion.

It said that group operating revenue dropped by 16.94 per cent from N142.53 billion recorded in May, while its operating expenditure rose to N144.90 billion, compared to N142.26 billion in May. It added that the surplus made in May was as a result of increase in cash flow due to the increase in the pump price of petrol.

It further said that in June, the sum of 288.17 million dollars was the corporation total export revenue, representing 85 per cent increase relative to preceding month’s performance.

It added that crude oil export sales contributed

198.53 million dollars (or 68.89 per cent) of the dollar transactions compared with 89.13 million dollars contribution in the previous month.

The report said that gas export yielded 66.56 million dollars in the month of May. According to the report, NNPC recorded total export proceeds of 219.26 million dollars in June as against 149.88 million dollars of the month before.

It further said that contribution from crude oil stood at 163.59 million dollars, while gas proceeds stood at 49.12 million dollars and miscellaneous receipt amounted to 6.55 million dollars. ``Poor performance is attributable to upsurge in attack and sabotage of oil facilities in the Niger Delta. ``At Forcados Terminal alone, about 380,000 barrels of oil per day were shut in since February, following the force majeure declared

by SPDC.

COMFORT TITILAYO ADESINA

JUMOKE OLUWASEUN ADESINA

IDIAT. ABIMBOLA BALOGUM

I, formerly known and addressed as, ADESINA. COMFORT TITILAYO AYONI, now wish to be known and addressed as, COMFORT TITILAYO ADESINA. All former documents remains valid.

General public should take note.

CONFORMATION OF NAME THIS IS TO CONFIRM AND CERTIFY THAT I, OLUSOLA DANII ADETIBA AND DANII SHOLA ADETIBA IS ONE AND SAME PERSON, NOW WISH TO BE KNOWN AND ADDRESS AS DANII SHOLA ADETIBA. ALL FORMER DOCUMENTS REMAIN VALID. GENERAL PUBLIC PLEASE TAKE NOTE

ADAMA CHRISTOPHER NDIDI I, formerly known and addressed as, ADAMA CHRISTOPHER DEACON, now wish to be known and addressed as, ADAMA CHRISTOPHER NDIDI . All former documents remain valid. General public should take note.

LOSS OF DOCUMENT This is to notify the general public of loss of Original Documents belonging to DR. EZE JAMES EZIOKWU CALLISTUS of No 7 bunker lane G.R.A Enugu. Land at opposite Kingsway road layout G.R.A Enugu. Reg as No 100/100/1392 and plot 445 Maryland layout Enugu. Reg as 43/43/819 at lands registry, Enugu.All efforts to trace it proved abortive. If found, please return to Ministry of Lands, Enugu.

MISS. GABRIELLA EBERECHI ONYEJI I, formerly known and addressed as, MISS. GABRIELLA EBERECHI OBI, now wish to be known and addressed as, MISS. GABRIELLA EBERECHI ONYEJI. All former documents remain valid. General public should take note.

I, formerly known and addressed as, YEMISI OLUWASEUN ADESINA, now wish to be known and addressed as, JUMOKE OLUWASEUN ADESINA. All former documents remains valid. General public should take note.

I, Formerly known and addressed as IDIAT BELLO ABIMBOLA now wish to be known and addressed as IDIAT. ABIMBOLA BALOGUM. All former documents remain valid general public take note.

Arase: I want to spend the rest of my life touching lives ÎÎÎImmediate

past Inspector-General of Police (IGP), Mr. Solomon Arase, on Saturday, said that he wants to spend the rest of his life toucing lives of the less privileged, adding that he would also would like to write books and teach as part of his contributions to the society.

Arase, who disclosed this shortly after a reception held in his honour at the weekend in Benin, also described life after active service as very relaxing.

He said: “I am an academic”. I will write books, I will rest and do humanity work.

I want to spend the rest of my life touching the lives of the less privileged people within my community.

“I will sit down to write some books, develop protocol for security sector reforms and if I have an opportunity to teach, I will teach. I like teaching; I like talking”.

While expressing appreciation for the support received during his time as IGP, Arase pledged his sup-

OKUNLEYE ADENIYI NOSIRU

I formerly known and addressed as OKUNELEYE ADENIYI, now want to be known and address as OKUNLEYE ADENIYI NOSIRU. All former documents remain valid, general public should take note.

MRS. AMUDA ABIOLA UBAIDAT

ATOYEBI-ADEJUMO VICTORIA ADEBIMPE

I,formerly known and addressed as Miss Yomi-Yusuf Abiola Ubaidat now wish to be known and addressed as Mrs. Amuda Abiola Ubaidat. All former documents and certificates remain valid. The general public should please take note.

I, Formerly known as ATOYEBI VICTORIA ADEBIMPE now wish to be known as ATOYEBI-ADEJUMO VICTORIA ADEBIMPE. All former documents remain valid general public take note.

I formerly known and addressed as NZEUDE BLESSING UCHECHI, now want to be known and address as NZEUDE UCHECHI EMMANUELLA. All former documents remain valid, general public should take note.

KEHINDE ROHIMOT ADEWALE

MADUKA. MERCY

EFORO AKASA AGBOR

NZEUDE UCHECHI EMMANUELLA

port to the police in order to advance peace and security across the country.

“I am humbled and grateful that my people have found me worthy to be so honoured in this way,” he said.

Arase, 60, was born on June 21, 1956 and hails from Oredo Local Government Area of Edo State.

He retired from the police on June 21, 2016 after serving in the force for about 35 years.

He enlisted into the Nigerian Police on December 1, 1981 after graduating from the Ahmadu Bello University, Zaria, in 1980, with a degree in Political Science.

A lawyer, the former IGP also has a Bachelor of Law degree and Masters of Law from the University of Benin and University of Lagos respectively. He attended the Nigerian Law School and was called to the bar in 2000.

He also has a Master’s Degree in Strategic Studies from the University of Ibadan.

JENNIFER. ASUGUO. MOSES.

I, formerly known and addressed as, JENNIFER. ASUGUO, now wish to be known and addressed as, JENNIFER. ASUGUO. MOSES. . All former documents remain valid. General public should take note.

SANNI WAHAB AYOOLA I, formerly known and addressed as, WAHAB SHINA, now wish to be known and addressed as, SANNI WAHAB AYOOLA. All former documents remain valid. General public should take note.

CHIDOKA OGONNA JOY

I, formerly known and addressed as, UFONDU. OGONNA MARYROSE, now wish to be known and addressed as, CHIDOKA OGONNA JOY. All former documents remains valid.

General public should take note.

I, formerly known and addressed as KEHINDE ROHIMOT ADEDIRAN, now wish to be known and addressed as KEHINDE ROHIMOT ADEWALE. All former documents remain valid. Skye Bank and general public please take note.

I, formerly known and addressed as, AGWUNOBI. MERCY IHUOMA, now wish to be known and addressed as, MADUKA. MERCY. All former documents remains valid. General public should take note.

I, formerly known and addressed as EFORO MERCY AGBOR, now wish to be known and addressed as EFORO AKASA AGBOR, all documents remain valid, the general public should take note.

MR. JOHNBOSCO CHINEDU ONYEJI

MRS ADEAGBO TAWAKALTU BISOLA

MISSING CAC CERTIFICATE.

BAMIDELE MARY ODUNAYO

This is to notify the public that the CAC No.8373 belonging to Professional Locksmiths Association Is Missing. If found please contact the National President - 08099357504

I, formerly known as Blessing Bamidele Mary wish to be known and addressed as Bamidele Mary Odunayo.

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

MISS. VIVIAN CHIMDIA ONYEJI

NMECHA NMECHA AWA

I, formerly known and addressed as, MR. JOHNBOSCO CHINEDU OBI, now wish to be known and addressed as, MR. JOHNBOSCO CHINEDU ONYEJI. All former documents remain valid. General public should take note.

I, formerly known & addressed as MISS AKINDELE TAWAKALTU BISOLA , now wish to be known & addressed as MRS ADEAGBO TAWAKALTU BISOLA . All former documents remains valid, General public, take note.

CONFIRMATION OF NAME

MRS. EYEH ENDURANCE

I, UJUNWA ONYEBUCHI, AND CONFIDENCE ONYEBUCHI, refer to one and same person but, now wish to be known and addressed as, UJUNWA ONYEBUCHI. All former documents remain valid. General public should take note.

I, formerly known and addressed as, MISS. ENDURANCE ISEMARIEDJE, now wish to be known and addressed as, MRS. EYEH ENDURANCE. All former documents remain valid. General public should take note.

I, formerly known and addressed as, MISS. VIVIAN CHIMDIA OBI, now wish to be known and addressed as, MISS. VIVIAN CHIMDIA ONYEJI. All former documents remain valid. General public should take note.

I, formerly known and addressed as, ONYEKACHI UDUMA IBE, now wish to be known and addressed as, NMECHA NMECHA AWA. All former documents remain valid. General public should take note.

Daily Times Nigeria Monday, August 8, 2016

Firm refutes allegation of sabotage of security, economy ÏÏÏ

The Management of Indorama Eleme Fertilizer & Chemicals (IEFCL) has refuted allegation published in various media platforms that the company and another fertilizer firm were sabotaging the national economy and security through their export of fertilizers at the detriment of farmers in Nigeria.

The company stated that all its domestic supplies to customers so far were in accordance with the approval of the Office of the National Security Adviser (NSA) and the Farm Input and Supply Services (FISS) department in the Federal Ministry of Agriculture and Rural Development.

In a press statement issued by the company in Port Harcourt, and signed by Dr. Jossy Nkwocha, head of Corporate Communications, the Management noted that its brand-new world-class fertilizer plant built at a cost of $1.5 billion – one of Nigeria’s largest foreign direct investments (FDI) in the downstream sector – started pre-commissioning production only recently at only 75% capacity, and in the past one month had been giving priority to the domestic market.

According to the statement, “Indorama Eleme Fertilizer & Chemicals Limited (IEPL) and its sister companies in Nigeria are NOT, and HAVE NOT, and would NEVER be directly or indirectly involved in any activities to undermine or sabotage the economy or security of the nation,” the company stated.

“The plant is still awaiting official inauguration.

“Our brand-new fertilizer plant has capacity for 1.5 metric tons

of fertilizers per annum which is designed to serve Nigeria’s entire domestic requirement and the surplus is for export markets.

“However, our primary focus is to serve the interest of our domestic market and this we have been doing with great sense of responsibility and commitment to the Nigerian economy”, the company stated.

“It is also a matter of national pride that the surplus production would be exported to enable the generation of foreign exchange for the country at this time of huge deficit of foreign exchange; as well as branding Nigeria’s global reputation as producer and exporter of petro-chemicals and fertilisers, thereby encouraging

more foreign investors to come and invest in Nigeria.”

Nkwocha stated that IEFCL had been loading and distributing an average of between 90 – 100 long trailers of fertilisers, each carrying 600 bags of 50kg each, totalling over 57,000 bags of Indorama Urea fertilizer daily over the past one month for the benefit of Nigerian farmers across the country.

“Indorama-Nigeria is 100 percent committed to the growth and development of the Nigerian economy; and has, in the past ten years, demonstrated such TOTAL commitment and loyalty by providing more than 85% domestic needs of polymers, which were hitherto imported into the country at huge foreign exchange

Plateau State Governor, Simon Lalong (middle), applying fertilizer to a rice farm to commence rice production by Fadama in Shendam L.G.A… recently.

Land crisis: Appeal Court vindicates Enugu community jƈƐƈƋ ƍƆ C Ɔƍ

ÏÏÏ

An Appeal Court of the Enugu Division, has exonerated a community, Amankwo-Eke of Udi Local Government Area of Enugu State of any wrong-doing over the sale of a 20- hectares of land, which has generated crisis in the community.

The crisis over the land started in 2011, when some aggrieved members of the community, Chief Loretta Aniagolu, Comrade Morgan Anigbo, Ndubuisi Comliet, Remigus Aniagba and the chairman of the local government, dragged the community and a food producing company, Zans-Foods Beverages Ltd., before an Enugu State High court, on the ground that their consent was not sought by the community before the land was allocated to the company for the establishment of a

cost.”

Indorama said that as a responsible corporate organisation, it was constrained to state the facts for the benefit of the Office of the National Security Adviser (NSA), the Federal Government of Nigeria, the international partners, other critical Stakeholders and the general public.

Indorama noted that it was greatly embarrassed and distressed that the publications gave misleading impression that the two fertilizer companies were sabotaging national security by distributing fertilizers within the country, which were being used by some undesirable elements to make explosives.

factory.

The aggrieved party had sought an order of the court restraining the company from accessing the land, and barring the community from issuing Right of Occupancy to the company.

In its counter-claim before the lower court, the community argued that the land being a communal land ‘was validly assigned and donated by the community to the company, adding that the respondents had no ‘locus-standi to challenge the decision of the community However, on June 30, 2014, the lower court presided by Justice A.A. Nwobodo dismissed the appellants counter-claim and granted the respondents’ claims.

Not satisfied with the lower court judgment, the appellants filed a Notice of Appeal on August 21, 2014 on 18 grounds.

The appellant through its counsels, Emeka Ozoani, raised issues like: whether the writ of summons filed by counsel to the respondents, Tony Igboji, was duly signed as required by the law which would have given the lower court the jurisdiction to entertain the suit, ‘whether merely typing the name of a counsel on the writ of summons by the use of computer/type writer amounted to signing the writ by the counsel; among other issues.

The appellants counsel also argued that the lower court erred in setting aside “the donation and alienation of the land in dispute to the company after having made crucial findings of fact that the Deed of Conveyance was signed largely by those who have business signing it’’ adding that Justice Nwobodo was wrong to have dismissed ‘the appellants counter-claim.’

25 News Kogi begins staff screening Monday

ÏÏÏ Civil Servants that were yet

to be cleared in the recently concluded staff screening exercise now have the opportunity to be attended to by the Staff Screening and Complaints Committee, which was set up by Governor of Kogi State, Alhaji Yahaya Bello, following the presentation of Screening Validation Report.

This was according to a circular signed by the Secretary to the Committee, Barrister I.O. Alhassan, which had been circulated to all Ministries, Departments, and Agencies. The list of affected staff of all the MDAs and the 21 Local Government Areas have also been dispatched through their Administrators respectively and the schedule is as detailed below: The Head of MDAs and LGAs and the Pension Boards are to forward Nominal Roll as at 31st December,2015, including secret and open files of the affected officers to the committee.

“Everyone involved should note that the date and time allocated to them should be strictly adhered to as the Committee will not be able attend to people outside their schedule period,” the statement said.

The Committee Secretary, Barrister Alhassan, said the list of affected workers had been sent to their respective MDAs and the Local Government Areas, adding that everyone should go to their relevant offices to check for their

Gov. Yahaya Bello

Economy: Cleric advocates non-interest rate societies

ÏÏÏ The Federal Government

has been urged to encourage formations of non-interest cooperative society to finance small scale enterprises for rapid economic growth in the country.

A cleric and President of AlAmanat Islamic Cooperative Society, Sheik Ismaeel Bolaji Agbeti, who offered the advice in a chat with newsmen in Lagos, said every advance economy in the world was built on small-scale industries.

Sheik Agbeti stated that high interest rates from financial institutions and some co-operative societies had killed many small-scale businesses in their early lives. The cleric explained that the best financial lending system for small-scale enterprises in a developing economy countries was free interest

lending institutions of which Al- Amanat Cooperative Society is one.

He further said that another advantage of such organisations was flexible requirement for members who asked for loan to finance businesses.

According to him in the last five years of formation, AlAmanat had assisted to finance over 2, 000 of its members while, some people had benefits from loans to purchase items like tricycles and vehicles for commercial operations.

Sheik Agbeti further explained that some members and nonmembers also acquired landed property at Alamanat Islamic Estate at a cheaper rate.

He stated that the estates which were in two categories with AlAmanat Peace Estate provided for non-Muslims public at same rate and facilities.

26

Daily Times Nigeria Monday, August 8, 2016

Our Heritage Æ s

Late Enwonwu

How to diversify economy through Art There is an urgent need for the administration of President Muhammadu Buhari to diversify the economy from crude oil to the revival of critical sectors like arts, tourism and culture, that would not only expand the country’s revenue base, but, also jumpstart a cross-cultural economic and business growth. Nigeria’s creative sector, especially the visual arts, now internationally acclaimed to be on a rapid growth rate, obviously, is the key to this highly needed change in the economy, but, has not received the needed attention. This support from the government, experts argue, is needed to empower stakeholders in the sector to attract tourists and, thus, make Nigeria a prime global art investment destination.

AGOZINO AGOZINO x-rays the huge business potential of the growing art industry and points at the need for more government support in transforming the industry that would translate to national economic prosperity and job creation for youths Sometime last year, the art world was stunned when Tahitian Girls, meaning (When will you marry me) painted in 1892 and owned by a Swiss art collector, was sold to a museum in the United Arab Emirates for a staggering $300m, which, ultimately, makes the deal one of the most expensive art works ever sold in recent time.

Apart from currently investing in the art through the Art Dubai, Qatar, also last year, paid the former highest price for another painting $1.58m, for a work by Paul Cezanne, The Card Players, and each year the Gulf State continues its investment in arts, through international auctions, new galleries and exhibitions in the city. This phenomenon in art has been going on for many years. Egypt and South Africa are two African countries that rake in huge financial revenue from its visual arts indus-

try, having realized, and rather to its credit, the huge economic benefits accruing from its exploitation. With the yearly Jo’burg Art Fair as an instance, the South African city of Johannesburg, yearly, makes significant contribution to the economy of not only Johannesburg but South Africa in general. So also is Egypt, where experts believe millions of tourists visit the North African country for tourism because of the ancient Egyptian visual arts. Both countries have reaped huge financial benefits from the art sector and Nigeria can learn from their arts sector as a way of changing the mono economy that we have.

Because art, especially paintings, for many centuries, has great historical value and a source of cultural heritage, there is no doubt of it being a valuable source of investment. Nigeria is a country that

is well endowed with more accomplished artists and other creative minds as can be seen over the years. This is even as experts believe the nation has no business of running a mono-economy that is dependent on crude oil.

The country’s visual arts sector is said to portend the biggest opportunity in terms of creative talents and its size of market and its sustainability. The art sector has provided a veritable platform for the emergence of many practitioners that are churning out great works in contrast to other sectors in the country. Experts in the field of creativity have, repeatedly, argued that the visual arts industry could rise to the level of driving our economic growth and job creation for the country, if properly harnessed.

The Nigerian modern art scene came

into existence in the late 1920s and the pioneers of contemporary arts include Aina Onabolu and Ben Enwonwu. Ato Arinze, sculptor and painter, described art in Nigeria as a major investment opportunity.

“I have discovered that art in Nigeria is a great industry and you can see that the industry is growing every day. As I am talking to you, Nigerian artists are all over the world making great works”.

As the home of art in Nigeria, Lagos has many galleries, including Nike Art Gallery, Art House Contemporary, Centre for Contemporary Arts (CCA), Terra Kulture, Mydrim, African Artist Foundation (AAF), Quintessence Gallery, Signature Gallery, Omooba Yemisi Adedoyin Shyllon Art Foundation (OYASAF), New National CONTINUED ON PAGE 27

Daily Times Nigeria Monday, August 8, 2016

Agozino Agozino SINCE the beginning of this world, the argument over wisdom and knowledge has been one of the most enduring.

While some schools of thought hold that knowledge is the most essential thing, others argue on the contrary.

Though, Ayibiowu Olusola David may not have any inclination to such philosophies, but, churning out paintings which tell the story of wisdom has become a studio trait. Apart from a two- day solo exhibition, entitled Wisdom, held at the City Mall, Onikan, Lagos, somehow the Lagos-born artist is forging on.

Ayibiowu wants viewers to see wisdom as God’s gift. With bold, massively slashed-through images, the young studio artist served his own notion of wisdom. With his imagery, it becomes clear that wisdom is the labyrinth of colour dialogues.

For instance, interpreting wisdom, he explained it as fellows.

“W for wise: We need to be wise by asking God for wisdom and ability to apply the wisdom in a correct manner. I for insight: Insight helps one to see the next level. S for self-control: This makes you to be able to keep yourself under self-control. D for discreet: It enables you to have the ability of being careful. O for optimism: It shows positive thinking. M for meditation: The word meditation makes you to ruminate on what to do, how to do it and get result with the help of God”.

However, after looking at Ayibiowu’s colourful paintings, there is no doubt that he is a good painter. His evidence of faith seems written in all his works.

He is an artist who also wants to preserve his Christian faith. This was why the theme of the exhibition was fundamental, because, unlike many artists, he wants to propagate it that true wisdom

Ayibiowu, out with art of wisdom

Wisdom, by OlusolaAyibiowu’s

can only be found in God alone.

Ayibiowu believes that wisdom can be manifested in different ways, like wisdom to rule with justice, wisdom to discern good from bad, wisdom as a principal thing, wisdom for understanding, wisdom for knowledge, wisdom for life, wisdom to benefit from people, among others.

To him, wisdom is not defined in any other way than in God. Although, many look for it in a wrong place, but, if one seeks it

through God, he will get it. He believes that one who walks in the wisdom of God, will not stumble.

According to him, how to retain Godly wisdom is by protecting it and abstaining from evil.

Ayibiowu believes that when God releases wisdom into the heart of men, it, certainly, accomplishes its purpose, it leads to any individual’s progress or backwardness. In a nutshell, the artist is projecting, through his art, that wisdom is one of the highest calls.

...Art, goldmine still untapped CONTINUED FROM PAGE 26

Museum, Onikan, Lagos, Tought Pyramid Gallery and many more.

The exhibitions organized by these galleries attract patrons from all over the world.

Art patron, Chief Frank Okonta said: “I am convinced that the arts sector in Nigeria is witnessing a new upsurge of wealth creation. We all know that Nigeria is a country that is well endowed in terms of artistic heritage. So, I have no doubt that with our democracy, many countries will like to do something with us.

“This will impact the sector positively in the coming years.

Based on what we experienced this year, I have no doubt that the coming year will see more activities and collaboration in terms of exchange progremmes”, Okonta

reasoned.

Mrs. Nike Okundaye of Nike Gallery, also shared Okonta’s view. But she believes that the visual arts sector would have to build on the gains of the founding fathers to reposition itself and make the industry as eventful as in other parts of the world.

She said: “Yes, the arts sector is doing well, because we all know that expectations are high as it is in other places. We have young and talented artists that are coming up with wonderful works.

Even on the international scene, many Nigerian artists are making impact.

“So if you put all these together, you will see that you do not need a prophet to tell you that our sector will, actually, do well in the coming year”, she added.

Onabolu

27 Our Heritage

Foreign 28

Daily Times Nigeria Monday, August 8, 2016

Syrian rebels claim end of siege in Aleppo ÏÏÏIslamist

rebels in Syria say they have broken through to besieged opposition-held areas in eastern Aleppo.

They claim to have carried out a successful offensive against the government’s Ramousah military complex, in an effort to end a month-long blockade.

A monitoring group backs up the reports, however progovernment media outlets

A Syrian armoured vehicle

Sao Tome’s president boycotts election ÏÏÏ Sao Tome and Prin-

cipe has commenced voting on Sunday in the second round of its presidential election despite the boycott by incumbent president Manuel Pinto da Costa.

Results for the first round held in July was announced in favour of the ruling party candidate and former prime minister Evaristo Carvalho, but was later canceled due to changes in figures.

Some of the country’s 111,000 voters have cast their votes in the election which is described as calm despite the president’s decision to withdraw from what he called “a fraudulent electoral process”.

Manuel Pinto da Costa together with the candidate who came third in the first round, Maria das Neves filed an appeal at the Constitutional Court calling for the cancellation of the entire election process. The case was thrown out.

“Continuing to participate in a fraudulent electoral process is tantamount to condoning it,” President Pinto da Costa insisted on Friday adding that he is not “ready as a candidate and as a president”.

Evaristo Carvalho, who is the only candidate on the ballot however encouraged the people to “exercise their right to vote on August 7 to confirm his victory in the first round”.

Voting took off slowly at 07:00 GMT but expected to pick up later in the day.

Some analysts however believe the turnout will hit record low due to the withdrawal of the incumbent.

deny the siege has been broken.

Rebel fighters from Jabhat Fatah al-Sham, formerly the al Qaeda-affiliated Nusra Front, released these images, which appear to suggest they now have access to armaments belonging to the Syrian army.

If they have managed to connect with eastern Aleppo, the government-held west of the city would effectively be iso-

lated from the capital Damascus.

To the north east, Kurdish and Arab fighters say they have retaken almost 90 percent of Manbij, a city captured by ISIL two years ago.

Considered a strategic city for the group, due to its proximity to the northern border, it has been the target of air strikes from the US-led coalition since late May.

Philippines leader accuses judges, politicians, military of peddling drugs ÏÏÏ The president of the

Philippines has released a list of more than 150 judges, mayors, lawmakers and military personnel he says are linked to the illicit drug trade.

Rodrigo Duterte revoked the gun licenses of anyone on the list and advised them to turn themselves in by Monday for an investigation to clear their names.

The controversial leader, in his nationally televised address Sunday, also ordered police and military personnel that had been assigned to protect some of those on the list to withdraw back to their units.

Since Duterte took office at the end of June, his war against drugs have left hundreds of suspected drug dealers dead and thousands more arrested, while hundreds of

thousands have turned themselves in to authorities.

Duterte was known for ruthlessly enforcing drug laws when he was mayor of Davao, the second largest Philippine city.

He has vowed as president to do the same for the country to deal with the illegal drug trade.

The president said he will take full responsibility if any named on the list turns out to be innocent.

In his inaugural speech on June 30, Duterte pledged to rout corruption and drugs. Using his characteristically sharp language, he also took on the widespread suspicion that he had deployed death squads to enforce order in Davao.

“I know that there are some who do not approve of my methods of fight-

Duterte, Philippines president ing criminality, drugs and corruption,” he said.

“In response, let me say that I have seen how corruption works. I have seen how illegal drugs

ruin individuals and relationships…I have seen how corruption bled government funds.”

“As a lawyer and former prosecutor, I know

the limits of the powers of the president,” he added. “You mind your work and I will mind mine. I know what is legal and what is not.”

Zuma admits ANC defeat in municipal elections ÏÏÏ President Jacob Zuma has

Zuma

acknowledged South Africa’s local elections were keenly contested as his governing African National Congress (ANC) party recorded its worst results since the end of apartheid.

The ANC lost control of the capital, Pretoria, and its majority in the country’s largest city and economic center, Johannesburg.

“These elections were hotly contested with competing parties passionately arguing their points of view in attempts to

win the favour of the electorate. That is how it should be in a democracy.We congratulate the people too on the outcome as they are the real victors, their will must prevail,” said Zuma.

That is how it should be in a democracy Zuma has been plagued by a series of scandal since taking office seven years ago. In one instance, he was found guilty of misappropriating tax payers’ money to renovate his private home.

Unemployment has risen to

27 percent during Zuma’s term in office, and economic analysts are predicting zero growth in the country’s gross domestic product for 2016.

During Zuma’s speech antirape activists staged a silent protest in front of him, while his security detail stood nearby, apparently surprised by the protest.

The four women dressed in black, held up placards making references to a 2006 rape allegation against Jacob Zuma in which he was acquitted.

UEFA Award:

Barca disappointed over Messi, Suarez snub

B

arcelona vice-president Jordi Mestre said the Spanish champions are “very disappointed and angry” with UEFA’s decision to overlook Lionel Messi and Luis Suarez for the Best Player in Europe Award, branding the pair’s snub as “scandalous”.

Messi and Suarez were not among the three finalists for the award, with Real Madrid duo

Cristiano Ronaldo and Gareth Bale, and Atletico Madrid’s Antoine Griezmann selected.

Five-time Ballon d’Or winner Messi placed fifth, behind teammate Suarez, leading Mestre to hit out at UEFA. “It doesn’t seem the right decision to me at all,” Mestre told reporters.

“I don’t know what criteria UEFA applied, with all respect

to the chosen winners, but I disagree with the choices.

“That our players aren’t there, such as Suarez or Messi, is scandalous.

“The club are very disappointed and angry.”

Messi starred as Barca successfully retained their La Liga crown in 2015-16, scoring 41 goals in all competitions - 26 of those in the league.

Page 29

Monday, August 8, 2016

Rohr

Pinnick under fire over Rohr’s Etebo delighted to equal

Olympic record

N

igeria forward Oghenekaro Etebo has said he was lucky to score four goals and equal a record first set by West Germany’s Bernd Nickel 44 years ago.

Nickel scored his double brace in a 7-0 spanking of USA in front of 65,000 fans in Munich.

Portugal-based Etebo, who said he is inspired by Manchester United star Wayne Rooney, scored his four goals against Japan on Friday.

“When I scored those goals, I didn’t think about anything. It’s a game of football! Luck

was on my side,” he told FIFA.com “I’m not that perfect but I believe, like my coach says, once you get a chance, its better you convert it because you don’t know when you’re going to get another one.

“I’m not a kind of special striker or fantastic goalscorer, but it’s better to be at the right place at the right time to score good goals.”

Etebo was Goal King when Nigeria won the U-23 AFCON in Senegal in December.

He subsequently scooped the CAF Most Etebo Promising Talent for 2015.

Messi

Omeruo’s Besiktas

move ‘shaky’

R

eports has exclusively revealed that several Nigeria Football Federation (NFF) executives are again at daggers drawn with president Amaju Pinnick over his “unilateral decision” to appoint Franco-German Gernot Rohr as new Super Eagles Technical Adviser.

They are equally miffed that most of them only got to know about the plan to appoint the former Burkina Faso and Niger coach through the media after Pinnick blurted out the decision to the press in Lagos on Friday.

Pinnick barely escaped being impeached as NFF president days before the much-publicised visit of FIFA president Gianni Infantino to Nigeria last month.

And his executive committee members are again up in arms against him following what they termed as “his singular decision” to hire Rohr.

“They are at war with the president because they were not carried along in the decision to hire Rohr,” a source told AfricanFootball.com Part of the NFF leadership tried to calm frayed nerves when they addressed the NFF technical committee on Saturday at their hurriedly arranged meeting in Abuja.

The explanation was that Pinnick did not wish for a repeat of the bungling of the Paul Le Guen appointment and so kept away from the board in their efforts to hire Rohr.

It is now left to be seen whether this explanation will be accepted by the NFF top shots, who continue to be frustrated that they are not part of the major decision-making process of the country’s football.

Omeruo

T

he transfer of Kenneth Omeruo from Chelsea to Besiktas may fall through as the Turkish champions have yet to give the Premier League club a guarantee they will sign the Nigeria defender after a season-long loan spell.

“Kenneth’s move to Besiktas is in the balance as they have yet to give Chelsea the guarantees they need,” a top source said.

“Chelsea want a firm commitment from Besiktas that they will sign the player at the end of his loan deal. They do not want a repeat of what happened with Kasimpasa, who had an option to sign him on a permanent basis after his loan spell but failed to do so.

“This week will certainly give a clearer picture of where the player will be for the new season should the move to Besiktas crash.”

The uncertainly surrounding the defender’s move to Turkey has been heightened by the recent signing of a Brazilian defender by Besiktas.

Omeruo, 22, has yet to agree personal terms with Besiktas and has continued to train with the reserves in London while the Chelsea first-team squad are preparing for the new season.

30

Monday, August 8, 2016

EXTRATIME

ENGLISH PREMIER LEAGUE…ENGLISH PREMIER LEAGUE…ENGLISH PREMIER LEAGUE…

Leicester still underdogs — Ranieri Claudio Ranieri insists champions Leicester are still the underdogs and wants his team to retain their darkhorse mentality heading into the new Premier League season. With their first game against Hull City, Leicester are holding onto all-but one of their best players and strengthening in the transfer market.

Wenger: Walcott is a striker!

Arsenal boss Arsene Wenger says Theo Walcott’s future is as a striker rather than a winger. Walcott was left out of England’s Euro 2016 squad by thenboss Roy Hodgson after a disappointing season. He has spent most of his career as a winger, though he has been employed as a striker by Wenger, with varying degrees of success.

Zaza snatches

win over Hammers Andy Carroll netted a double in vain as West Ham were beaten 3-2 by Serie A champions Juventus at the London Stadium. A quick double from Paulo Dybala and Mario Mandzukic put the visitors in control. Carroll soon got the hosts back, bundling the ball into the net in typically combative style, before heading an equaliser in the second half.

Juve record signing Gonzalo Higuain made his bow as a substitute, but it was another replacement in Simone Zaza who won it late on for the Old Lady.

Pogba undergoes Man Utd medical M

anchester United have confirmed Juventus midfielder Paul Pogba will undergo a medical with the club.

Reports in Italy emerged early on Sunday claiming the France international had journeyed to Manchester in order to finalise his protracted transfer back to Old Trafford from the Serie A champions.

Pogba had travelled to England to join up with the Juve squad ahead of their 3-2 friendly win over West Ham at London Stadium.

But he will instead undergo a physical examination at United, who have confirmed the

sum that eclipses the €100m paid by Real Madrid to sign Gareth Bale from Tottenham in 2013.

The cost could reportedly rise to €120m depending on bonuses, with Pogba’s agent, Mino Raiola, earning a substantial cut, claimed to be as much as €20m, for his part in brokering the deal.

Pogba is expected to sign a five-year contract to become Jose Mourinho’s fourth signing since taking charge of United in May, following the arrivals of Eric Bailly, Zlatan Ibrahimovic and Henrikh Mkhitaryan.

Conte tasks Chelsea stars ahead new season

C

helsea head coach Antonio Conte is hoping to improve the atmosphere at Stamford Bridge for players and fans alike with his infectious passion ahead of the new season.

C o n t e received plenty of attention

from the media for his colourful touchline antics when in charge of Italy at Euro 2016.

The former Juventus boss wants to see that same intense passion in his squad as they look to rebound from a poor Premier League title defence last season and recently spoke of how he lost his voice in pre-season as he tries to instil his style of play at Stamford Bridge.

But Conte is also keen to keep

his emotions in check, stating that some tough love from his father during his early playing days has helped him learn to strike the right balance between criticism and positivity.

“My father was very tough - and especially with me. He wouldn’t shout at the other kids. He would just shout at me,” Conte told a news conference.

“I will try to transfer my passion on to the players.

“I want to see them with the passion that I have. I think that I will have a very intensive relationship with my players, but it takes time - we need to get to know each other first.

“That is very important. When you start a job, you are at the beginning of the season and you have only worked with the players for two weeks. You must use the time to get to know them and for them to know you.

Mourinho eyes EPL title

J

Conte

development.

“Paul Pogba has been granted permission to have a medical in order to finalise his transfer from Juventus to Manchester United,” the statement read.

United are set to break the world transfer record for the 23-year-old midfielder, who left the club for a compensation fee of just £800,000 in 2012 after becoming frustrated with a lack of first-team opportunities under Alex Ferguson.

Pogba, who has won four Serie A titles and two Coppa Italias since joining Juve, is reportedly set to cost United €110million, a

Pogba

ose Mourinho has challenged his players to win the Premier League title in his first season at Manchester United, insisting he believes in setting “unrealistic targets”.

The Portugese manager has done that before, winning the Champions League against the odds with Porto and Inter Milan.

And despite United being out of the Premier League title picture in recent years - finishing fifth, fourth and seventh in the last

three seasons - Mourinho believes his squad must set its sights at the summit.

“I like to create that expectation and I like the players to feel it,” Mourinho, who won the Premier League title in the first season of his first reign at Chelsea, said.

“Sometimes, during my career, I created some unrealistic targets. By doing that, you push the team to unexpected levels - to win the Champions League with Porto and Inter is unexpected.

“Those were very risky objectives and targets.

“To win championships in the first season is a bit of the same, but I like that. People analyse it as arrogance and so on but that’s not a problem for me.

Mourinho won the EPL title three times with Chelsea.

Monday, August 8, 2016

EXTRATIME

Rowing

31

Diana Taurasi in action for US.

events

postponed due to high winds High winds meant that Sunday’s Olympic rowing events were postponed at the Lagoa Stadium in Rio and all the races will now take place today. The weather caused problems on Saturday for Serbs Milos Vasic and Nenad Bedik, who capsized during their men’s semifinal. Play was also delayed on the outside tennis courts because of the wind, while the start of the canoe slalom event was delayed by one hour.

Russians banned from Rio Paralympics

US women out-dunk Senegal in basketball

Russian athletes are banned from competing at the Rio 2016 Paralympics following the country’s doping scandal. The International Paralympic Committee (IPC) had opened suspension proceedings following the McLaren report, and has now confirmed the ban.

The report, published last month, claimed Russia had operated a statesponsored doping programme. The Rio 2016 Paralympics will begin in the next 30 days and 267 Russian athletes across 18 sports will miss the Games.

Pauw disappointed with Banyana poor show B

Mudranov

wins first gold for Russia in judo Z

Pauw

Russia claimed its first medal of Rio 2016 as Beslan Mudranov won Olympic gold in the judo men’s -60kg. Mudranov is one of 271 Russian athletes competing in Brazil despite calls for a blanket ban on the country following evidence of state-sponsored doping. He beat reigning world champion Yeldos Smetov, who eliminated Great Britain’s Ashley McKenzie, in the final. Argentina’s Paula Pareto added the Olympic crown to her world title by winning the women’s -48kg.

F

ive-time defending champion United States stretched its Olympic women’s basketball win streak to 42 games Sunday with a 121-56 rout of Senegal.

Diana Taurasi, Breanna Stewart and Sylvia Fowles each netted 15 points to lead seven double-figure scorers for the Americans, all of whom produced points in the Group B preliminary round match.

Brittney Griner added 14 points and matched Fowles with a game-high seven rebounds in her US Olympic debut. Fellow newcomer Elena Delle Donne had 11 points and six assists.

Fatou Dieng scored 10 points to lead Senegal, the 2015 African champions.

The US women have made unbeaten runs to titles in seven of the past eight Olympic tournaments and four of the past five World Championships as well.

Next up for the Americans is Spain, whose best Olympic finish was fourth in 2008.

hang Mengxue won China’s first gold at Rio 2016 when she claimed victory in the women’s 10m air pistol.

The 25-year-old, in her first Games, scored 199.4 in 20 shots to set an Olympic record in her win.

Russia’s Vitalina Batsarashkina (197.1) won silver and Greece’s Anna Korakaki (177.7) finished with the bronze.

Mengxue, ranked five in the world, was the most consistent shooter and none of her rivals could match her, especially once she went into the lead.

anyana Banyana coach Vera Pauw says she is disappointed with the turn of events when there was so much promise with the squad that she took to the 2016 Rio Olympic Games.

The South African Women’s Olympic Team was knocked out of the tournament, with one

match to spare, after suffering a heartwrenching 2-0 loss to China on Saturday.

The match took place at the Olympic Stadium in Rio de Janeiro, Brazil.

The second loss in a row meant it was the end of the road for Banyana – they were defeated 1-0 by Sweden in the first match.

“I am very gutted and disappointed. If we had played our game it would have been a different story, both games were in our hands but we gave them away. In a

few days’ time I will be proud of what we did because we have grown so much and performed so well against top teams, that is something we should complement the players for and of course my hardworking staff, but at this moment I am gutted. We had a very good first half but we were not happy with the second half,” said Pauw.

South Africa could have wrapped up the match in the first 45 minutes as opportunity after opportunity to score presented itself, but they failed to convert.

Mengxue wins women’s 10m air pistol gold

Mengxue

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AG. DAILY EDITOR: SAM NZEH

MONDAY, AUGUST 8, 2016

VOL. 2. NO.168

Price: N150

UEFA Award:Barca disappointedover P 29 Messi, Suarez snub

News Hotlines: 08138773277, 08173901838. Advert Hotlines: 08086296714

L-R: Minister of Youth and Sports, Barr.

Solomon Dalung; FIFA Secretary General, Ms Fatma Samoura; LMC boss, Shehu Dikko; FIFA President, Gianni Infantino and NFF President, Amaju Pinnick.

Ibrahimovic fires Man Utd V to Community Shield win Keshi

ice President Yemi Osinbajo has said that the life of the late Shuaibu Amodu was dedicated to finding and grooming Nigeria’s best soccer talents while providing them the guidance with which they excelled.

Osinbajo, who said this in a statement he issued on the death of the Technical Director of the Nigeria Football Federation and former coach of the Super Eagles, described the demise as a profound loss to the nation.

The vice president said that coming only four days after the death of former player and coach, Stephen Keshi, Nigeria had lost yet another dedicated public City to onthe Saturday. latan Ibrahimovic announced hisbringHull servant who worked tirelessly to honour Mourinho deployed his new-look arrival in English football with an country. strike partnership of Wayne Rooney and 83rd-minute as Manchester ``He led winner the national team to two World Cup Ibrahimovic and both players made their United edged Leicester City at Wembley tournaments and2-1 answered the call to serve as presence felt in Leicester’s penalty area on Sunday National to win the Community Shield.

Coach on a number of occasions. early on.

The former``Indeed Paris Saint-Germain striker had his life was dedicated to finding and Rooney headed straight at Kasper had a quietgrooming game, but he out-jumped Wes Nigeria’s best soccer talents and providing Morgan tothem headthe home Antonioand Valencia’s leadership guidance with which they cross to earn Jose’’Mourinho excelled, he said. his first piece of silverwareAccording as United to manager. him, Amodu’s work as coach of LeicesterNigeria’s talisman Jamie national teamVardy broughthad gladness to the nation earlier punished an error

by Marouane and fulfilment to many.

Fellaini to cancel FAisCup match-winner ``His out legacy secured in the memories of Nigerians Jesse Lingard’s solothegoal forhis teams recorded who willfirst-half forever recall exploits United, who claimed a record-extending across the African continent and around the world.

21st Community ``His Shield. dutiful service spanned many years and our iger U-17 coach Soumaila is grateful for histhey selflessness and immense United, country who have confirmed are Tiemogo has written off Nigeria’s ’’ he said.player Paul close to contributions, re-signing former Golden Eaglets, boasting his team will vice president acknowledged Pogba from The Juventus, open their Premier that although the reverse nation wasatpained at his death,next it would take solaceain1-0 loss in Abuja by winning League campaign Bournemouth 3-0 in the return leg at home to Sunday. the joyful memories he left behind. to the next round of the 2017 expressed Claudio the sincereRanieri condolences ofadvance the people Leicester He manager U-17 Africa and government of Nigeria to the family of Amodu on Cup of Nations (AFCON) handed official debuts to close-season qualifiers. the loss. signings Ahmed Musa, Luis Hernandez and “In Niamey, we beat Nigeria 3-0 ``Our thoughts and prayers are with his family.

We Nampalys Mendy. insha Allah. We prepared very well for pray for God’s consolation, ’ ’ he added.

While his side came up short, he will have this qualifier. The Nigeria team are not been encouraged by the brightness of their a team,” said the coach. display, three months on from their 5 000“Once we score the first goal, 1 Premier League triumph. everything will change.”

They launch their league title defence at

Z

Modric

Schmeichel from Luke Shaw’s cross and the Leicester goalkeeper was also obliged to field a hooked Fellaini shot after Ibrahimovic had leapt to win a high ball.

Leicester attacked the game with the intensity that characterised last season’s title triumph and procured several chances

of their own.

Vardy drew last-ditch tackles from Daley Blind and impressive United new boy Eric Bailly with trademark darting runs, while Shinji Okazaki glanced a header against the bar from a Marc Albrighton corner.

We’ll crush Eaglets in Niger,Tiemogo boasts N

However, Eaglets coach Manu Garba argued that Niger will be under pressure to win in front of their fans and that could well work against them.

“Niger are not a bad team, but they will be the ones under pressure in the return leg,” he said.

The Eaglets smashed past their Niger counterparts in 2012 6-0 at home after winning the first leg in Niamey 4-1.

At the 2015 U-17 AFCON hosted by Niger, Nigeria again triumphed 2-0 with goals by Kelechi Nwakali and Victor Osimhen.

Eaglets coach, Manu Garba, faces an uphill task against Niger in Niamey at the ongoing 2017 U-17 Africa Cup of Nations (AFCON) qualifiers.

Business Times Daily Times Nigeria Monday, August 8, 2016

Retrenchment: FG meets banking sector unions Page B2 today

Dangote commences construction of concrete roads in states Page B2

Current developments on Expatriate Quota (EQ) policy in Nigeria Page B8

Why petrol stations sell kerosene above N200 – NUPENG Opeoluwani Akintayo

STERLING

L-R: Umar Musa Mustapha, Pro-Chancellor and Chairman, Governing Council, University of Ibadan; Chief Olusegun Obasanjo, former President of Nigeria and Distinguished Lecturer; Mrs Bukola Awosanya, Group Head Agric. Finance, Sterling Bank Plc.; Mr. Olatunji Oladejo, Director, Public Communication, UI and Mr. Gboyega Badejo, Protocol Officer at the First Eminent Business Persons Lecture organised by the University of Ibadan School of Business ( UISB) supported by Sterling Bank Plc.

N8.1bn debt: NAMA to withdraw services to indebted airlines today Chukwuemeke Iwelunmo The Nigerian Airspace Management Agency, (NAMA) is set to commence withdrawal of its services to debtor airlines whose total indebtedness to it is about N8.1billion as from today.

According to investigation by Daily Times correspondent revealed the Agency is mapping out strategies to wield the big

stick of denying debtor airlines clearance to fly until they settle their bills.

The debt profile shows that between 2001-December 2013, domestic airlines were owing N3.8 billion for en-route navigational charges, while from June 2014June 2016 it is N1.6 billion.

Moribund airlines debt profile is put at N6.5 billion while debt owed by oil companies, pri-

vate and state governments is put at N1.5 billion.

Because of this huge debt profile, NAMA is said to be incapacitated in paying its pensions to retired staff in the tune of N18 billion and servicing its facilities for seamless navigation.

Earlier in the year, the Debt Recovery Committee set up by the Agency to recover all debts owed it had complained of air-

lines’ reluctance toward servicing their debts.

The committee noted that despite reconciliatory meetings and overtures, the airlines were adamant, stressing that what has been collected thus far cannot be compared to what is outstanding.

It was gathered that their refusal to pay en-charges to CONTINUED ON PAGE B2

MTN reports $357m loss, cuts dividend payouts Tony Nwakaegho MTN Group Ltd, Africa’s largest mobile phone operator reported a $357 million half-year loss on Friday and cut dividend payouts, consequent upon regulatory fine imposed on the operators by the Nigerian Communications Commission (NCC) and underperformance in its South African home market.

MTN which was founded with the South African government’s help after the end of apartheid in 1994, agreed in June to pay a 330 billion naira ($1.05 billion) fine in a settlement with Nigerian authorities for missing a deadline

to cut off unregistered SIM cards from its network.

MTN disclosed that the fine, a third of the initial penalty, wiped off 10.5 billion rand, 474 cents per share, from headline earnings, South Africa’s main measure of profit that strips out certain oneoff items.

The Group’s headline loss came in at 4.9 billion rand ($357 million), or 271 cents per share, in the six months to end-June. This is in contrast with headline earnings of almost 12 billion rand, or 654 cents per share, a year earlier.

The telco which has more than 230 million subscribers cut its dividend by almost 50 percent to

250 cents per share for the half year.

MTN has said earlier that its Nigerian business would pay the fine in local currency. The penalty was worth $1.7 billion when it was declared, but the naira has dropped sharply since then, reducing the equivalent dollar value by about $500 million.

The company also said the results were affected by unfavourable currency swings, underperformance in its home market and in Nigeria, where it had to cut off another 4.5 million SIM cards to comply with the local regulator’s user registration requirement.

The report released by MTN

read: “MTN continued to operate in a challenging environment for the six months ended 30 June 2016. The financial performance for the period reflects the confluence of a number of material issues, which created the ‘perfect storm’. The Group has made strides towards resolving these challenges although many of these factors fall outside of its control.

“The Group’s reported results were significantly impacted by the Nigerian regulatory fine. On 10 June MTN Nigeria resolved CONTINUED ON PAGE B2

Following clamour from the masses over unexplainable increment in price of kerosene, the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG), has said the additional price is as a result of extra expenses uncured.

Tokunbo Korodo, the SouthWest Chairman of the union,over the weekend, said official price of the Nigeria National Petroleum Corporation (NNPC) is N150 per litre.

According to him, the price increment will encourage marketers to import more of the product.

He said that most of the filling stations selling kerosene between N200 and N220 as the pump price was as a result of additional money on transportation of the product and some other levies paid by CONTINUED ON PAGE B2

Sale of oil above $100 abnormal – Barkindo Opeoluwani Akintayo The Organisation for Petroleum Exporting Countries, OPEC’s new Secretary-General, Mohammed Barkindo, has said that oil’s climb above $100 a barrel before prices crashed in 2014 was driven by “abnormal” conditions that could not last.

Barkindo made the statement in the group’s newly released monthly Bulletin.

The “skyrocketing of prices” that pushed crude as high as $147 in 2008 was “unsustainable” and probably harmful to the global economy,” he said.

According to him, OPEC will continue to work with other oil producers and consumers to find the commodity’s “elusive fair price”.

When oil pushed above $100 as climbing demand, political risks to supply and a weakening dollar lured speculators to bet on ever-rising prices.

Business News B2

Daily Times Nigeria Monday, August 8, 2016

N8.1bn debt: NAMA to withdraw services to indebted airlines today

Standardisation will help grow brands in Nigeria – Angya

CONTINUED FROM PAGE B1

Godwin Anyebe The acting Director General of the Standard Organisation of Nigeria (SON), Dr. Paul Angya has said that ensuring every product deliver to Nigerian consumers meet with the required standard will help to grow brands equity in Nigeria. Angya who made this known recently in Lagos when the Benue Journalists Forum in Nigeria paid him a courtesy visit in Lagos said that, one of his cardinal point as the helms man of the standard organisation of Nigeria (SON) is to position the agency in such a way that the issue of substandard products in Nigeria will become a thing of the past.

According to him, “we realised that for a any nation to make meaningful progress in industry, economy, delivery of quality service to its people, good standard must be the key to drive that. That is the foundation of industrial development and citizen protection”.

He pointed out that, one of the major reason of our economy challenges today is because standardisation is not given its rightful place in Nigeria. “My position in SON,” he continued.

MTN reports $357m loss, cuts dividend payouts CONTINUED FROM PAGE B1

this matter with the Federal Government of Nigeria (FGN) and agreed to pay the FGN a total cash amount of 330 billion Nigerian naira (US$1,671 billion, using the exchange rate prevailing at the time) over three years in a full and final settlement. This was agreed in addition to complying with certain other regulatory conditions imposed as part of the settlement reached.

“The 50 billion naira (US$250 million) paid in good faith and without prejudice by MTN Nigeria on 24 February 2016 forms part of the monetary component of the settlement, leaving a balance of 280 billion naira (US$1,418 billion, using the exchange rate prevailing at the time) outstanding. In June 2016 the first scheduled payment of 30 billion naira (US$124 million) was made. The remaining cash payable at 30 June 2016 amounted to 250 billion naira (US$882 million).

DANGOTE

L-R: Minister of Industry, Trade and Investment, Okey Enelamah (Representative of Nigerian President); President/CE, Dangote Group, Aliko Dangote; during Togolese president’s visit to Dangote Refinery Project site in Lekki, Lagos on Tuesday,

Retrenchment: FG meets banking sector unions today Joy Ekeke The Federal Government has announced a rescheduled stakeholders’ consultative meeting with unions in the banking and financial sector for today August 9th 2016.

Senator Chris Ngige, the Minister of Labour and Employment, said the rescheduled meeting was due to the low level representations of the unions at the meeting originally scheduled for Thursday, 4th August.

The stakeholders’ meeting was initiated by the minister to address labour related issues bordering on retrenchment and mass sacking of staff by some banks across the country.

Ngige said: “The banking sector is a very sensitive sector, especially at this time and consid-

ering the gravity of issues to be discussed, in which unforeseen circumstance has prevented your heads from being in charge of your delegations.

“We have to postpone this meeting so that your heads of delegations will be here with us when we reconvene for the meeting.

“We will do that because we are

Ngige

going to take very weighty decisions here that will be binding on the banks, unions and the workers as a whole.

“We do not want to have haphazard arrangements.

“We want to have full compliments of this meeting before we proceed.

“That is why I feel it is important that we postpone this meeting to early next week.”

The minister said the banking sector was an essential part of the Nigerian economy.

He also said the industries, construction, railways, transport, among others were physically involved in the banking sector in their own various ways.

Ngige said: “But at the end of the day, everybody is talking about money and the banks control the monetary instruments of the economy.

Why petrol stations sell kerosene above N200 – NUPENG CONTINUED FROM PAGE B1

marketers.

He told the News Agency of Nigeria, NAN, on Saturday, that presently, NNPC was the only importer of kerosene and was using private depots to sell the product.

“The NNPC has fixed N150 per litre as the new depot price of kerosene and has directed all its depots and private depot to comply with the directive.

“This did not include the transportation of the product or several levies and bank interests paid by marketers.

“Consequently, marketers will now add all these expenses to the depot price to arrive at N190, N200 or N220 depending on their locations.

“The advantage of this is that it will open door for more marketers to commence importation of kerosene just like petrol,’’ he said.

Mr. Korodo, however, commended the Federal Government for its transparent policy in oil and gas sector.

He urged the NNPC to commence loading of its products from depots nationwide, adding that the System 2B oil pipelines were saved from being vandalised.

The Federal Government on Jan. 24, increased the price of kerosene to N83 per litre from N50 per litre.

NAMA resulted in The Airline Operators of Nigeria,(AON) dragged NAMA court about five years ago,in which the Supreme Court with gave judgement in favour of NAMA but unfortunately, the airlines are still insisting on not paying the charges.

According to reports, after promising to pay at the end of every meetings to discuss the way out, the airlines always renege in their promises, which the agency said it can no longer continue with the lackadaisical attitude of the debtors.

It was learnt that government had given the Agency the goahead to recover the debts.Thus far, it was gathered, the agency has been able to collect N329 million.

Brief

Dangote commences construction of concrete roads in states Dangote Industries Limited (DIL) has commenced the construction of concrete roads in various states across the country.

Sources at the company’s head office revealed that the company has already commenced construction of roads in Lagos, Bauchi, Kogi, Kaduna and Ogun state among many others.

The source said: “We are very happy at the moment. I can categorically state that we are in more than five states across the country already constructing roads. The reception has been wonderful.

State Governments are beginning to see the need to embrace concrete roads and we are very happy at the way things are currently going.

It would be recalled that the Chairman of Dangote Cement, Aliko Dangote recently reiterated his plea to the Federal Government to consider the use of concrete roads in the country.

The African richest man said, it will be to the benefit of Nigerians and even the Federal Government to embrace the option of using concrete for roads in the country.

Aside from being very cheap, he said concrete roads are more durable and that its maintenance cost is near zero.

According to him: “We are pushing for Nigeria to do a concrete road. It is cheaper to do a concrete road that will last 50 years than to do a bitumen road.

Daily Times Nigeria Monday, August 8 , 2016

Brief Interswitch honours First Bank over hitting 100m monthly transaction First Bank of Nigeria Limited has been recognized by Interswitch Group, as the first financial institution in the country to achieve sustained transaction volumes of 100 million transactions, first in December 2015 and again in May 2016.

The record transaction volumes represent the total transactions processed by FirstBank’s Front End Processor running on the Interswitch transaction switching platform which seamlessly links all financial institutions in Nigeria to facilitate better and quicker transactions across all platforms.

As Nigeria’s leading financial institution with over 12 million customers’ accounts, this achievement by FirstBank clearly aligns with its strategic intent to promote financial inclusion, support the cashless policy drive of the Central Bank of Nigeria and boost economic growth via e-payments across Nigeria and the African continent.

According to the Bank’s Group Head, e-business, Chuma Ezirim, FirstBank remains committed to lead the drive to move the Nigerian economy away from traditional cash and other generic payment means to modern technological varieties in ePayment.

Reacting to the development, Divisional CEO, Switching and Processing, Interswitch, Akeem Lawal commented, “It really says something about the strength and development of electronic transactions in Nigeria that a single banking partner can record 100 million transactions in a single month. When you add this figure to that of our other partners, then you can begin to have an idea of the sheer size and demand for electronic financial services in Nigeria.”

Dr. Adesola

B3 Money Market

Investors, staffers jittery as AMCON set to divest 100% stake in Keystone Bank Stories by Motolani Oseni A recent finding has revealed that industry investors and current employees of Keystone Bank Plc have been jittery over Asset Management Corporation of Nigeria’s (AMCON) move to finally divest its 100 percent stake in the bank.

The corporation, which has been silent on the stage and development involved in the sale of Keystone, the last of the three nationalised lenders to be sold after Mainstreet Bank was purchased

by Skye Bank Plc and Enterprise Bank by Heritage Banking since 2014.

Information gathered has it that fear of uncertainty over the sales of the Keystone Bank, the biggest of the three lenders na-

tionalised, bought by AMCON after the 2009 financial crisis, has continued to generate interest among the investors that that would benefit from the sale of the bank.

Just last week, we exclusively reported here that AMCON has been keeping quiet since the pronouncement at the beginning of this year that the corporation has been receiving offers from different investors to buy the last of the bridge banks.

However, this announcement came over a year after the bad debt manager completed the sale of Enterprise Bank and Mainstreet Bank, two of the three nationalised banks.

But in a chat with our correspondent at its Lagos office on Friday, the Head of Corporate

Communications, AMCON, Mr. Jude Nwauzor, said that the Managing Director/Chief Executive of the corporation, Ahmed Kuru, has disclosed that the corporation has concluded all plans to finally sell Keystone Bank and will announce the new buyers in a week from now.

However, we further gathered that due to high level of uncertainty surrounding the sales of the lender, tension has continued to rise among the prospective investors and most importantly current staffers of the bank.

AMCON, who had kept the progress recorded on the sales of the bank to itself since the announcement in February this year that it was seeking for prospective investors to buy the last of the bridged banks, after it had

sold Mainstreet Bank Limited to Skye Bank Plc, and Enterprise Bank Limited to Heritage Bank.

It would recall that the corporation at the begining of 2015 also announced by the then Chief Executive Officer, AMCON, Mr. Mustafa Chike-Obi, stated that the February 2015 general elections had made the corporation delay the sale of Keystone Bank till the second quarter of the year and till now, which is over a year now the bank has yet to be sold.

“Keystone Bank will be sold in due course. An election time is clearly not the best time to commence the sale of a bank. We will wait for the elections and allow the dust to settle. Sometime in the second quarter of the year, we will commence the sale of Keystone Bank”, Obi stated.

AMCON AMCON has been keeping quiet since the pronouncement at the beginning of this year that the corporation has been receiving offers from different investors to buy the last of the bridge banks

L-R: Winner, Access Bank Visa Card 2016 Rio Olympics Promo, Itohowo Ekop; Head, Card Products, Access Bank Plc, Justin Ijeh; Itohowo’s partner (2nd right) and Business Development Manager, West Africa, Middle East and Europe, Visa, Emezino Afiegbe during the presentation of prizes to the winners of the Access Bank Rio 2016 Olympics Campaign Promo in Lagos…weekend.

UBA sends forth Oduoza, two Executive Directors United Bank for Africa (UBA) Plc recently organised send forth ceremony for its former Group Managing Director, Mr. Phillips Oduoza and two retired Executive Directors; Mr. Femi Olayoku and Ms. Obi Ibekwe in Lagos.

The event which held in the presence of stakeholders including; customers, shareholders, Board of Directors, staff and associates, took place at the Eko Hotel Banquet Halls in Lagos. It had in attendance, top dignitaries from Nigeria and Africa, including the Emir of Kano, His Royal Highness, Muhammadu Sanusi Lamido II, captains of industries

like the MTN Chairman, Mr. Pascal Dozie as well as political leaders such as Governors Nasir El Rufai of Kaduna State; Okezie Ikpeazu of Abia State; Simon Lalong of Plateau State.

Governors were not left out of the roll call. Former Governor of Cross Rivers, Donald Duke, Senate Minority Leader and former Akwa Ibom State Governor, Godswill Akpabio and former Governors of Ogun State, Chief Olusegun Osoba and Otunba Gbenga Daniels were in attendance. Regulators such as Mr. Abdul- Nashiru Issahaku, the Governor of the Central Bank of Ghana and Ibrahim Mahama, the brother of the

President Mahama of Ghana also graced the occasion.

Tony Elumelu, Chairman UBA Plc, in his remarks at the occasion, paid glowing tribute to Oduoza, describing him as “very cerebral, very diligent, loyal and astute.”

He described Phillips Oduoza as a wonderful colleague and supporter, a man who loves and encourages progress and a man who always works for the best of the corporate.

“The performance of UBA today both financial and brand equity are attributable to Phillips and all the professional teams at UBA. PO, as he is fondly called,

has served his time at the helm of the Bank, pushing to achieve the strategic vision as outlined by our Board of Directors for the bank here in Nigeria and across Africa. He leaves behind a bank that is not only a dominant player in Africa but also one with the best asset quality ratios in the African banking industry”, Elumelu said.

In his speech at the ceremony, the Emir of Kano, who was the Central Bank Governor, when Mr. Oduoza was appointed CEO of UBA in 2010, commended him for the reforms he drove as Chairman of the Bankers Committee on the Nigerian Payment Systems.

Daily Times Nigeria Monday, August 8, 2016

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Daily Times Nigeria Monday, August 8, 2016

B5 Insurance

We’ll rescue Nigeria insurance industry from impostors – ARIAN President Mr. Olameru Gbadebo, is the National President of the Association of Registered Insurance Agents of Nigeria (ARIAN) in this interview with KAYODE ADELOWOKAN, speaks on the initiatives of the association to deepen insurance penetration through advocacy to schools and the aggressive approach to force out fake insurance practitioners from the Nigerian market. Excerpts:

What gives birth to the initiative to go to schools for insurance education campaign?

It is an appetite. As an insurance practitioner, we see the content of Nigerian education for the children who goes to insurance firms to get claims of the death of their parents, claims of maturity proceeds of investment either of their guardians or parents and if we have same for every child, there will be no child on the streets hawking; there will be no Nigerian child on the road smoking and the unethical practices among the children will reduced. Don’t forget that a country that is educated would be sound and robust.

For us in ARIAN, this initiative is to guarantee that any Nigerian child that enters into primary school must be able to sustain it to university level and at that level, such child is left to determine whatever he/she want to do with his/her life.

We are driving this advocacy with or without the support of school owners, parents or guardian but we feel that the federal, state, local governments, and international organisations should come together and guarantee that every Nigerian child; those in school or those on the streets must graduate into the university or any tertiary institution of their choice.

Your association embarked on an awareness campaign in 2015 to enforce the third-party motor insurance policy and till date, nothing is seemed to be heard of the campaign again.

Has it die a natural death or you are not receiving support from relevant agencies?

For once, I think the registered insurance agents deserve an applause because the rally was the first of its kind in the whole

of insurance industry.

For that laudable initiative, I must say, that Initiative has done so much to the entire insurance industry today and we are determined to force out impostors that claimed to be operators in the market.

Today, there is a lot of collaboration between the paramilitary organizations like the Federal Road Safety, the Nigeria Police, Vehicles Inspections Officer (VIO) and other relevant institution partnering with the industry.

We are currently collaborating with the Federal Road safety to make sure that at every of their unit in the country, an insurance agenting placed there across board. This will among many other things reduce and eradicate fake insurance agents and practitioners.

Without mincing word, if you go to any licence office in the country, there are fake insurance practitioners and they sell fake policies to people and to put a complete stop to this act, we are setting up some set of people to make sure that proper ethical practice is followed. Come July/ August, you will see us again on the streets to sensitised the people because the event is an annual event.

We will rescue Nigeria insurance industry from impostors and we are almost there.

This time around, we are also continuing with that initiative but this time, we are going to match through all the 36 states of the country to sensitise the innocent Nigerians on the relevance of third party insurance and drive the advocacy because it is the law which has compulsory it that every car that drives on the Nigerian roads must have minimum third party insurance and we are in the market to ensure that this is put

GBADEB0 “Nigerians should do, we don’t need to wait for eventuality before we start running alters shelters to put the modality and eventuality in place”

in perspective. As plus for us in ARIAN, this initiative has given us opportunity to win three major awards and another six nominations in 2014 and 2015, and we won four out the nominations.

Also, another initiative we

National President of the Association of Registered Insurance Agents of Nigeria (ARIAN)

pursued during Ebola outbreak titled “Ebola insurance walk” fetched us awards.

In the history of Nigeria, that was the first time Ebola will enter the country and immediately, we (ARIAN) moved all out to sensitize and mobilize the public about the relevant of what Nigerians should do, we don’t need to wait for eventuality before we start running alters shelters to put the modality and eventuality in place. We as an organization, an embodiment of values across board, whatever that is affecting the insurance industry definitely will affect the country’s economy, so we are on the move to close the back doors.

Has there been any form of support from the industry operators or National Insurance Commission?

The support we are getting now have been most interesting but before now, there have been some constraints but today, I am glad because the present Commissioner for Insurance, Alhaji Kari Mohammed, have

been kind to us since he assumed office. He took us for a retreat in Abuja and the experience we had will never be forgotten soon.

He (the Commissioner) assured us that there will be training and retraining of members of the Association of Registered Insurance Agents of Nigeria (ARIAN). And another one that gladdens my heart is the four trainings the Commissioners promised us on a yearly basis to empower the agents centered on education and education.

Also, the Insurance Industry Consultative Committee (IICC) co-opted us to participate in the planning committee of the mega conference commencing today in Abuja. Similarly, when West African Insurance Companies Association (WAICA) installed its president this year, we were also invited into the planning committee, so the pendulum is changing to the right perspective.

Above all, the foundation laid by the former Commissioner for Insurance, Mr. Fola Daniel, gave birth to the acceptance we have today in the industry.

Capital Market B6

Daily Times Nigeria Monday, August 8, 2016

10 Stockbroking firms traded NAHCO reassures N55 billion shares in 7 months investors over EFCC visit The top 10 stockbroking firms traded N55 billion value of shares in seven months ended July 31, 2016, according to the data obtained by Daily Times.

This amount was recorded in the first seven months of this year, with these firms contributing 60.98 per cent of total value of stock transactions traded on the Nigerian Stock Market (NSE), within the period.

An analysis of the 10 broking firms showed that Stanbic IBTC Stockbrokers Limited led the chart accounting for N14.88 billion or 16.46 percent.

EFCP Limited followed with N12.65 billion (13.99 percent) while Rencap Securities (Nig) Limited occupied the third position with N8.1billion (8.96 per-

cent).

CSL Stockbrokers Limited closed the seven months as the fourth top broking firm, accounting for N4.8 billion(5.36 per cent), just as African Alliance Stockbrokers Ltd traded N3 billion(3.36 per cent) to occupy the fifth position.

Chapel Hill Denham Securities Ltd traded N2.8 billion (3.10 per cent) to be the sixth best broking firm, while FBN Securities Limited occupied the seventh position with N2.8 billion(3.08 percent).

Coronation Securities Limited accounted for N2 billion (2.21 percent), just as Cordros Capital Limited and Primera Africa Securities Ltd (2.2 percent) traded shares valued at N2 billion and N1.99 billion to occupy the ninth

and 10th positions respectively.

The Chairman of Association of Stockbroking Houses of Nigeria (ASHON), Mr. Emeka Madubuike in an interview with Daily Times had explained that stockbroking firms with foreign affiliations were bound to lead the top performance charts.

According to him, “the number of stockbroking firms you need is function of population not technology. Nigeria has 180 million in population. It is important that we look at the development of the capital market from a wholistic point of view. China for example has over 1400 sub- brokers. The reason is that the people that need their services are so many.

China has an army of professionals that reach out to investors.

Nigerian Aviation Handling Company (NAHCO) Plc has written the Nigerian Stock Exchange (NSE) to allay the fears of its investors and stakeholders prompted by the Economic and Financial Crimes Commission (EFCC’s) visit to its headquarters.

Officials of the EFCC had visited NAHCO’s headquarters at about 1400 hours on Thursday, July 28, 2016, on a fact finding mission, in response to a petition, the company stated, adding that Management of NAHCO Plc fully co-operated with the agents of the Commission.

The cargo-handling firm thus assured investors and stakeholders that NAHCO’s Management continues to ensure that the visit of the EFCC operatives and the invitation of top managers and some Directors to their offices have minimal impact on operations and business continuity.

“As a Publicly Quoted Company, NAHCO is guided by its Apex Regulator, The Securities and Exchange Commission (SEC), Nigerian Stock Exchange (NSE) and the listing rules. We are also aware of our shareholder rights as enshrined in the Constitution of the Federal Republic of Nigeria, extant rules and the mutual investment protection treaty covering European strategic investors on our Board. As

such, this information update has become necessary.

As a regulated and listed business entity with strong international Corporate Governance credentials, we believe that SEC and NSE should be aware of any petition and are in the best position to provide guidance, proper feedback and/or even sanctions regarding any alleged infractions by a regulated entity. We still await details from the investigating authorities.

Such is the practice worldwide so as to ensure the protection of both local and international investors’ interests.

NAHCO Plc is a fully privatized Company, and maintaining a status one of the most successful privatization track records for eleven years with zero Government interests.

We will continue to cooperate with all government agencies in their lawful discharge of statutory responsibilities.

NAHCOAVIANCE wishes to assure its numerous customers, shareholders and its European Union strategic investors that core operations of the Company will be sustained under the current difficult situation. The Managing Director who was on a short vacation has since cut short his vacation and is back at the helm of affairs at the Company. Management will provide updates as and when available.”

Summary of activities on NSE

DUDU OSUN

Chairman Tropical Naturals, Abiola Ogunrinde with Hon. Min of Trade, industry and investment Dr. Okechukwu E. Enelamah during his visit to Dudu Osun Factory in Lagos...recently.

ASI

27,425.86

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3,307.00

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120,844,281.00

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9,419,396,741,530.39

Seplat leads decliners, as NSE Indices drops 2.09 per cent Afolabi Adesola Seplat Petroleum Plc. led a total of 22 declining stocks last week after losing 18.54 percent or N55.23 of its share value to close at N242.60 per share. Fidelity Bank Plc followed with a loss of 14.63 percent or 18 kobo to close at N1.05 while Diamond Bank dropped 13.84 percent or 22 kobo to close at N1.37 per share.

According to the Nigerian Stock Exchange’s weekly report, forty (40) equities depreciated in price during the week, higher than thirty–one

(31) equities of the previous week, twenty-two (22) equities appreciated in price, lower than thirty-five (35) equities of the previous week, while one hundred and eighteen (118) equities remained unchanged higher than one hundred and fourteen (114) equities recorded in the preceding week.

Consequently, the NSE All-Share Index and Market Capitalization depreciated by 2.09 percent to close the week at 27,425.86 and N9.419 trillion respectively.

All other Indices also finished lower during the week, with the exception of the

NSE ASeM Index which closed flat.

A turnover of 1.185 billion shares worth N13.033 billion in 18,548 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 1.867 billion shares valued at N16.330 billion that exchanged hands last week in 21,584 deals.

Trading in the Top Three Equities namely – United Bank for Africa Plc, Guaranty Trust Bank Plc and Fidelity Bank Plc (measured by volume) accounted for 394.778 million shares worth N3.857 billion in 2,866 deals, contributing 33.31

percent and 29.59 percent to the total equity turnover volume and value respectively.

The Financial Services Industry (measured by volume) led the activity chart with 882.909 million shares valued at N6.532 billion traded in 10,186 deals; thus contributing 74.49 percent and 50.12 percent to the total equity turnover volume and value respectively.

The Conglomerates Industry followed with 89.432 million shares worth N159.459 million in 890 deals. The third place was occupied by the Consumer Goods Industry with a turnover

of 75.383 million shares worth N2.120 billion in 3,635 deals.

Also traded during the week were a total of 11,383 units of Exchange Traded Products (ETPs) valued at N128,168.98 executed in 48 deals, compared with a total of 57,510 units valued at N439,941.91 transacted last week in 32 deals.

A total of 340 units of Federal Government Bonds valued at N370,066.80 were traded in 1 deal compared to a total of 5,749 units of Federal Government Bonds valued at N5.513 million transacted last week in 7 deals.

Daily Times Nigeria Monday, August 8, 2016

B7 Business Interview

AMCON not in business to run any business – Kuru The Asset Management Corporation of Nigeria (AMCON) was established pursuant to the Asset Management Corporation of Nigeria Act no. 4, 2010 on the 19th of July 2010, for the purpose of efficiently resolving the nonperforming loans assets of banks in Nigeria. AHMED LAWAN KURU, MD/CEO, AMCON, along with top management of the Agency at the weekend in Lagos spoke to newsmen on the activities of the parastatal and the journey so far.

What AMCON does: We are an intervention company. AMCON was set up in 2010 to absorb non-performing loans by banks in exchange for government bonds, after the Central Bank of Nigeria had injected $4bn to rescue nine banks from collapse.

At what stage of this assignment are you now?

What we have seen so far is the first phase of the life of AMCON, which has been that of intervention. Now, for AMCON to perform that role effectively, given the logistics at our disposal we had to engage a third party, it had to outsource some of the recovery functions to our Asset Management Partners, AMPs to enable us recover the loans more effectively.

The second phase is no longer that of intervention, it is that of how do we meet our obligations. The major challenges now are recovery. We are now grappling with the economic rate of the loans, devaluation and what it has done to the assets. Some of the stocks that have also been exchanged for cash have continued to depreciate.

The ability of AMCON to recover these loans depends 100 percent on the state of the economy…and presently the bad state of the economy poses a lot of challenges…we brought in Asset Management Partners, AMPs to enable us recover the loans…less than 200 entities account for more than 70 percent of loans to be recovered. In the face these challenges, we had to adopt the outsourcing method to collect the loans. We brought in the Asset Management Partners, AMPs whom we trained and supported to make the task easier.

Recovery is not a very easy job, in fact, in the banking industry, loans recovery is the most difficult department. We purchased the loans from the banks and some of the loans have been restructured over and over. Ours is a very difficult national assignment which has been attended by a lot of issues.

80 percent of the facilities are still outstanding. The affected banks need to come to us…AMCON is not working in a vacuum. Our

LAWAN

Managing Director/Chief Executive Officer, AMCON

“To deal with the situation however, AMCON recently increased the tempo of its recovery activities using firmer negotiation strategies as well as utilizing the special enforcement powers vested by the AMCON Act to compel some of these recalcitrant debtors especially those that are politically exposed and business heavyweights to repay their debts” recovery process is very vigorous. Seizure of assets comes as a last resort when other avenues of settling the matter have been exhausted. Debtors are determined to blackmail AMCON. AMCON is supposed to exist for 10 years, it is now in its 7th year yet people are still owing AMCON. Our assignment is nothing personal, it is public money and it must be paid back. We want to support the economy.

Your 2015 results showed that AMCON recorded losses?

You must know that AMCON was not established to make profit. Most of the businesses taken over by AMCON were in different

stages of dying or death. 80 percent taken over were already in the casket. AMCON was not set up to manage any business. We sell assets to recover our money. Some of the businesses had passed the stage of redemption. Aero Contractors for instance were owing over N40 billion. AMCON is interested in appropriate corporate governance. For an airline with less than six aircraft to have over 1600 staff does not follow the rules of proper corporate governance, that is having excess staff. AMCON is not in business to run any business. Diagnosis of some of the affected businesses were faulty. We do not just get up one

morning and start to seal up companies, it is the courts that give us power to seal any company. We just want people to come and talk to us quietly, we don’t like embarrassing anybody. Going to court is only the last option. We don’t do grandstanding, we don’t create drama. To borrow money from the banks is not a crime.

On sale of Keystone Bank: We are almost at the final stage.

Its hardcore facilities are not performing. AMCON was not set up to make profits, we are a resolution company. Our function is not peculiar to Nigeria, it is done in other countries of the world such as USA, Malaysia, etc.

Other challenges: Problems of no support institutions. We must build the institutions. We need to re-orientate ourselves. We must however acknowledge the assistance of the Police, the judiciary, EFCC and the others in our recovery efforts.

We are in receivership of about 50 businesses and more than 180 businesses under enforcement Please note that 400 obligors of Asset Management Corporation of Nigeria (AMCON) account for more than N4.5 trillion, which is approximately 80 per cent of the total outstanding loan balance of the Corporation’s over twelve thousand accounts with obligors that have become recalcitrant over time despite obvious efforts of the AMCON. All the loans on our books are bad debts that are not performing even before they were sold to AMCON. In short, they were loans that were dead on arrival so they cannot just rebound just because AMCON has taken them over.

To deal with the situation however, AMCON recently increased the tempo of its recovery activities using firmer negotiation strategies as well as utilizing the special enforcement powers vested by the AMCON Act to compel some of these recalcitrant debtors especially those that are politically exposed and business heavyweights to repay their debts.

It will be recalled that only about 400 obligors of AMCON account for more than N4.5 trillion, which is approximately 80 per cent of the total outstanding loan balance of the Corporation’s over twelve thousand accounts with obligors that have become recalcitrant over time despite obvious efforts of the Corporation.

To deal with the situation however, AMCON recently increased the tempo of its recovery activities using firmer negotiation strategies as well as utilizing the special enforcement powers vested by the AMCON Act to compel some of its recalcitrant debtors especially those that are politically exposed and business heavyweights to repay their debts.

Thought Leadership B8

Daily Times Nigeria Monday, August 8, 2016

Current developments on Expatriate Quota (EQ) policy in Nigeria Adenike Yomi-Faseun The government, in its quest for transfer of specialized skills and knowledge to Nigerians, has made provision for employment of highly skilled foreigners through the issuance of Expatriate Quota (EQ) approvals.

Companies and other organisations that require expatriate manpower to support their business operations can apply to the Federal Ministry of Interiors (FMI), Abuja to obtain the required EQ positions.

This article focuses on the current developments with respect to the EQ policy, challenges and practicable solutions that would enable relevant stakeholders (including Global Mobility Coordinators and other Human Resource Practitioners) to better maximize its provision.

What is an Expatriate Quota approval?

Expatriate Quota approval is an authorization issued in a form of a letter by the FMI, Abuja to companies that have met the criteria for engaging the services of expatriates on a long term basis. It is a pre-requisite for facilitating longterm employment of expatriate manpower.

To facilitate the approval process, some key documentation must accompany the application letter. This includes incorporation documents of the requesting organization, proposed EQ positions and corresponding job titles, Tax Clearance Certificate and proposed training programme for Nigerian employees. After submission, a designated briefing officer would vet the documents presented and make necessary recommendation to the Honorable Minister of Interior (HMI). The HMI can either reject, query or give his consent for approval. Where the approval is granted, necessary statutory payments must be made before the approval letter would be released to the company. The EQ approval letter usually contains information on the job titles, number of positions (this determines the number of foreign nationals that may be employed) and the validity of the quota slots.

The first EQ approval issued to an organization is known as the Establishment Grant and typically valid for an initial period of three years, and thereafter renewable every two years. However, based on FMI’s practice, the lifespan of

an EQ position may be limited to ten years. There is a provision for certain quota slots, such as the Managing Director or Executive Director position, to be upgraded to a Permanent Until Reviewed (PUR) status.

EQ slots on PUR status are not required to be renewed every two years but may be revalidated every ten years.

Current challenges The EQ platform has reportedly been subjected to various forms of abuse over the years. The most prevalent is the employment of unskilled foreigners to the detriment of qualified Nigerians. Many observers have noted that the unmitigated influx of unqualified expatriates, and their placement on EQ slots for which there are adequate local manpower resources, has contributed greatly to the rising unemployment figures in Nigeria.

Another major abuse of the EQ provision is the issue of ‘Quota Trafficking’. This usually occurs when an organization utilizes its approved quota slot in such a way that an expatriate personnel is assigned to a position that does not align to his internal role or job designation. An example is when a company employs an expatriate with a background in Accounting and places him or her on an EQ slot allocated to an Engineer.

Quota trafficking also occurs when an expatriate is allocated an EQ position without the requisite academic qualifications as specified on the EQ approval letter issued by FMI. There have also been reports of companies utilizing occupied slots to employ more expatriates, and this will usually lead to quota overplacement.

The way forward Even though the expatriate quota policy may have been abused, it has also provided a platform for the transfer of valuable knowledge, skills and technical know-how to Nigerians. However, there is an urgent need for a more robust implementation strategy by the government and other stakeholders to ensure that the various forms of abuse are addressed. This is the only way the objectives of the EQ policy can be achieved.

The FMI would need to ensure that all EQ applications are thoroughly reviewed and approvals granted to organizations that can demonstrate the implementation of a clear succession plan which

will enable Nigerians take up the roles previously occupied by expatriates. The FMI must satisfy itself that an applicant has properly utilized an existing position before approving a request for new quota positions.

The Nigerian Missions abroad also need to ensure that applications for STR visas are thoroughly reviewed such that only qualified experts whose qualifications and experience align with their assigned quota slots are granted STR visas. Where there is greater scrutiny in the issuance of the visa, this would discourage the submission of applications that do not fulfil all the requirements guiding the visa issuance.

The Nigerian Immigration Service (NIS) should continue in its role as the enforcer of all immigration laws and regulations guiding expatriates employment in the country. Applications for regularization of expatriates should be thoroughly scrutinized and where any applicant is not qualified to occupy an EQ position, necessary measures should be put in place to facilitate the exit from the country within a stipulated time. The NIS should also engage, on a periodic basis, with the relevant tax authorities to ensure that the number and the designations of expatriates reported for tax purposes by organisations are consistent with

the approved quota positions, subject to the Manager concept under the 2002 PAYE Regulations.

The NIS should also put in place measures to check the indiscriminate movement of expatriates through the various borders and points of entry.

Human Resource Practitioners, Global Mobility Coordinators and other relevant stakeholders should comply with the regulations regarding the employment of expatriates. They must engage in practices that are in conformity with the guidelines for the utilization of the expatriate quota and other immigration facilities to avoid unnecessary sanctions and disruptions to their business.

In addition, they must put in place an effective expatriate manpower mobility plan. This will enable organizations make appropriate projections for the recruitment of expatriates, their Understudies and effective succession plan. When an appropriate mobility plan is in place, organizations can anticipate ahead of time their expatriate manpower needs and proactively obtain relevant quota approvals to meet these needs.

Conclusion Expatriate mobility is a global phenomenon and Nigeria, as part of the global community, will continue to witness frequent move-

ment of expatriates. However, it is critical for companies to partner with professionals that are knowledgeable about immigration processes and procedures, to enable them make informed decisions and protect their brand. These professionals are best placed to provide requisite advice on the use of the expatriate quota, appropriate guidance on immigration-related matters and ensure compliance with statutory requirements on expatriate employment in Nigeria.

The government, through the FMI and the NIS, should device an appropriate mechanism to monitor the movement of expatriates in and out of the country and ensure that only those with appropriate skills, education and documentation are allowed to live and work in Nigeria. With the right measures in place and the willingness on the part of relevant stakeholders to make the EQ policy work, the economy and the Nigerian citizenry would be better for it.

The Nigerian Immigration Service (NIS) should continue in its role as the enforcer of all immigration laws and regulations guiding expatriates employment in the country.

•Adenike Yomi-Faseun is a Senior Manager in Tax, Regulatory and People Services Unit, KPMG in Nigeria.

Life&

Times Monday, August 8, 2016

Amazing facts about hugging

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Garlic: A potent antibiotic not just a kitchen spice

Adeneye: Dayo

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I miss the entertainment world, Ogun Information Commissioner

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Interview L2

Daily Times Nigeria Monday August 8, 2016

Entertainment, Comedy booming A in Nigeria deneye After having the feel of the entertainment world, as one of the pioneers of entertainment platforms in the country alongside his colleague, Kenny Ogungbe, co-founder of prime time Africa and now Commissioner for Information and Strategy in Ogun State, Otunba Dayo Adeneye in this this interview with ABIMBOLA OBATAYO, talks about his family life, hopes for the future and his tenure in office. Excerpts: How has the journey been so far?

It’s been very challenging, having come from the private sector where you run your own business as you deem fit. When you hold office on behalf of people, you are accountable to not just the governor but over seven million residents and citizens of Ogun State.

Anywhere you go, you represent them and you hold power on their behalf so it’s been challenging, I don’t take it lightly. I am happy to be part of the process and it’s been quite fulfilling when you are doing a greater good for a greater number of people. When you are in the private sector, there’s only little you can do with your own private money and your private power, but when you have the government platform, you can reach out to a lot of people, you can do a lot more. Of course it’s more time demanding because the governor will say it’s a 24hours job.

Before now, you were an entertainment guru and now, you hold an office in government. Which is more tasking?

Both are equally tasking. I think it’s very tough because in the private sector, you have a lot of people that are dependent on you for their source of living and in prime time at that time, we had close to thirty something employees and they depend on you for their monthly salaries, insurance etc. So both are equally tasking but when you are responsible now for millions, any little mistake could cost a life, any little information that is not passed at the appropriate time could have a drastic effect. Working on this side of the Government is a bigger responsibility and I take it with a lot of seriousness and a lot of diligence.

So which do you enjoy most?

I would say I do miss my broadcast entertainment and print, but I think I’ve had my feel of that. At my age, I think we have handed over the baton to the next generation of people to take up the guntlet. The Don Jazzy of this world, Banky W I think they are doing well. Entertainment is booming well in Nigeria and comedy. We consider ourselves as the elder now, the statesmen. I think that chapter, I don’t want to say it’s closed for me because I still use the same network of friends to do my job as the information Commissioner. I have opened another chapter in my life and I’m forging ahead with that. Like I said, I want to affect a greater group of people using a greater and bigger platform which is what politics and being in government allows you to do. It has been about touching lives, impacting people and helping people achieve their dreams.

Does that mean you don’t have time for Prime Time Africa anymore?

Life&

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I sincerely don’t. Like I said, this is a 24 hours job.

Governance is 24 hours job and I happen to work for a governor who is a workaholic, rarely sleeps, hardly

Entertainment Correspondent Mutiat Alli

rests and as information and strategy commissioner, I am mostly with him. It takes a lot of time, it keeps me on my toes, it revitalises me. When you drive the length and breath of Ogun State, you will see the transformation and people give you their welcome saying thank you for this and that, it puts a smile on your face and you realise that it’s worth all the sleepless nights and the sacrifice.

So if you are not in Ogun State doing what you know how to do, if you are not with your family, where else would you be?

You have been spotted at several events, parties, does that mean you are sociable?

Well, all work and no play makes Jack a very dull boy. One has to socialise and fortunately and unfortunately, when you are in politics or you are a politician, you have to be sociable because that is how you also relate. You pick up information from people, you network as well so those are ways people can also reach out to you. Most of them cannot come and meet Once you are 40 and you in government house to tell you what they want. above, you have to It’s also a way to feel the pulse of the street, to be in make sure you avoid touch with the people.

Society Correspondent Abimbola Obatayo

Photography Quadri Olowolagba

My wife was actually introduced to me by my father, it’s actually my second marriage, and my father felt because the first one didn’t work out well does not mean I should give up and I told him I don’t want to be bothered and I don’t have time. He would always call me and say ‘there are these two girls that come to the next building near my house, I think you should come and see them’ and I was like ‘are you the one to tell me the kind of girl that I like’? My curiosity got the better part of me and I went over; my father got dressed and we went to their apartment.

I met her and we started dating and my father will ask, how far, give me an update and at the end of the day, I realised my father knows what is best for me and I came to know that this is the woman I should spend the rest of my life with and I have never regretted it.

Man proposes, God disposes. Yes, it’s good for you to plan, they say those who fail to plan, plan to fail. Yes, I have a plan. I’m in politics now so I intend to continue to be in it, I enjoy it and I think I’m making a difference not just in my family but in other people’s life, my constituency and in my state. Its something I’ve always done even in private life so I intend to continue to be in it as long as it gives me fulfilment and contentment and doesn’t constitute any danger to my health or my family. The late John F. Kennedy once said ‘’ ask not what your country can do for you but what you can do for your country’’ and right now, it’s time to serve and a lot of Nigerians have to roll up their sleeves and stop waiting for government to do everything, start thinking of what we can do to take Nigeria to the next level.

Like I said, that bridge is still very much open to me. I am still very much in touch with my entertainment friends. I might still use their platform to reach out to people. I have to pass messages out. We serve as a bridge between the government and the governed so whichever way you can reach out to the people to pass the message across, that this is what the government wants to do and also to receive information back to the government as feedback from the people that this is what the people want. So because I am now a commissioner does not mean I will abandon my friends, it’s an industry that we grow together, so you can’t separate yourself from it or would like to think, if the history of broadcast entertainment is written in Nigeria, at least they will dedicate a chapter or two to Kenny and D1.

Well, it’s not different from when I was in entertainment. Entertainment took me travelling a lot from the days of Tuface, remedies. I was always on the road from grammies to BET Awards but I thank

What attracted you to your wife, was it love at first sight?

So, what’s next for you after Gov. Amosun ‘s tenure in office?

According to you, you said you are an elder statesman in the industry but you were sighted at an entertainment conference?

You always emphasize that you are busy, do you have time for your family especially your wife?

God, I have a very understanding wife, my children of course miss me. Even now, the young ones will ask, who is this governor that you are always going out with? Are you going out again? You just came in yesterday. But I try to bring them over to let them see what daddy does and I would like to think that the older ones among them understands that it’s part of the sacrifice, but I try to spend as much time as I can with them when time allows. My wife is quite understanding and I thank God for her.

certain food. I avoid a lot of sugar, I try to exercise at least five days of the week, I don’t drink beer, I keep drinking to the minimum

Graphics Daniel Ekiye

Before my government appointment, I love to travel. I like travelling, it educates you and exposes you to other culture, languages. The best way to learn about a place is to visit the place. All those place opened my eyes to different aspect, not just religion but tolerance of each other, language etc. So those are the things that I do when I’m not working but this level of governance has made it difficult for me to leave Ogun State for any length of time.

How do you feel being a grandfather?

It doesn’t feel any different, you realise how mortal you are. I feel blessed to have been able to see him, I pray that I will get to see many more grandchildren and even great grandchildren.

Despite the fact that you are aging, you are looking young and fit, what’s the secret?

The grace of God. Once you are 40 and above, you have to make sure you avoid certain food. I avoid a lot of sugar, I try to exercise at least five days of the week, I don’t drink beer, I keep drinking to the minimum. The only alcohol I drink is a little bit of champagne just to socialise. I rarely eat meat, I avoid a lot of things because your body is your temple.

Daily Times Nigeria

Monday August 8, 2016

Ajibade Alabi

Why I’m involved in Yoruba Heritage Awards–Ola Samuel

Nigeria Media Nite out Award unveils nominees This year’s 10th edition nominees of Nigeria Media Nite out Award was unveiled last week, at a world press conference in Ikeja, Lagos. The award which has been celebrating journalists for a decade now is the brain child of Solkem Publications owned by Mr. Shola Olugbenro who has been singlehandedly sponsoring the award with some help from some corporate bodies.

The ceremony was anchored by season presenter and actor, Yemi Shodimu.

Speaking at the unveiling which drew many journalists within and outside Lagos, Mr. Olugbenro stated that despite the challenges, his company will continue to celebrate the media.

His words: “Though, it is not easy but we are not going to relent on our effort. Journalists celebrate many people but nobody has ever thought of celebrating them and this drives me to this though there are many awards for journalists.

“The NMNA was conceived 10 years ago with a view to carrying media practitioners along in appreciation of their hitherto unrecognised contribution to the

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development and emancipation of the Nigerian nation. This, we believe, will further encourage and inspire our media practitioners to better their performances and work ethics”, he added.

Also speaking at the unveiling, Mr. Ajibade Alabi explained the criteria on how the list of nominees was arrived at: “ we have our team on ground that goes about monitoring all newspapers and magazines and they come out with named of those who are good on their beat and also consistent for a year; unlike other media awards where people are asked to enter, ours is not like that”, and went further to explain how the winners will emerge in each category: “we are going to give out a number, it is the number that public prefer that wins. It is an open thing”, he concluded.

Daily Times politics editor, Mr. Akinjide Akintola has been nominated in best politics writer category.

Managing Director of 24-7 Zinto Marketing Limited, Mr. Segun Adewole, said this year’s award would be exceptional, as it would, for the first time, cover

a large spectrum of journalists in the electronic media as well as print adding: “the media has gone through thick and thin since independence and the least we can do is to continue to recognise the good work of media practitioners”.

He also noted that the categories of the award had been extended to 18, adding, “We are having more media partners both in electronic and print coming onboard to ensure that we have a successful anniversary this year.

This year’s award will also have a lot of millage for our sponsors who have been with us for the past nine years. We ask you not to relent”.

Former Executive Director, Ojudu Local Government Area, Mr. Ahmed Moyosore Raji, urged men of the press to put in their best in discharging their duties, as the fourth estate of the realm contributes a lot to the development of a nation. Raji commended the organisers of the event, saying, “I urge you not to relent on the good work; it is good that you have gone beyond Nigeria to involve a top South African Marketing firm”.

Funfare as Graces Hats celebrates 36 years of creativity It was all glitz and glamour on Sunday, 24th of July 2016, as the who-is-who in Fashion Designers Association of Nigeria (FADAN) stormed the premises of Graces Hats in Toyin Street, Ikeja, Lagos to celebrate with Graces Hats on her 30th years as a creative designer.

The FADAN executives were led by the president of the association, Mrs. Funmilayo Ajila Ladipo who led the likes of Hajia Aishat, Miss Nneka and the rest.

Speaking during the ceremony, the proprietress of Graces Hats, Mrs. Graces Chito Mark flashed back to when she started the business. “I started when I finished my secondary school, that time some of my mate were looking at me as if I was just wasting my time, that time there was no place that I can go and learn the trade, also there was nothing like made in Nigeria then, everything was of imported, so it was a little bit difficult; but today I thank God that after 30 years, I can say something about it”.

Also speaking, president of FADAN could not but poured encomiums on the woman who looks younger than her age, saying: “Actually, Mrs. Graces

is someone that always keeps on doing what she believed is the best and she has been consistent; this shows she has been truthful in her way. I told her I want to grow up like her”.

Also at the event was Nollywood actress, Ngozi Nwosu who added glitz and glamour to the event.

Graces Chito Mark

Speaking during the unveiling of Yoruba Heritage Award last week, the welltravelled society lady, Samuel Ola aka Ola Iberu explained why she is involved: “I have been in the industry for eight years. I am graduate of Lagos State Polytechnic, I just have interest in the acting, especially when watching those actresses and I decided within me that I will be an actress. I tried to join them while I was in Poly, but I decided to join after my education. And after I finished my studies, I joined Baba Suwe caucus, that is Babatunde Omidina, he was my boss, and from there I rose. But coming to participate in this yearly Yoruba Heritage Awards means I believe in our Yoruba culture”. Though Ola Iberu just joined the profession of make believe, she has been a popular society lady within Lagos and outside.

Ola Samuel

Heritage Awards moves to America!

It will be glamour and paparazzi come Thursday, October, 20th to Saturday, 22nd 2016 in New York City, United States of America when the yearly event of Yoruba Heritage Awards will hold in Obama country. Speaking with selected journalists while unveiling the plan for the awards which has been honouring outstanding Yoruba personalities for years, Chief Executive Officer of the award, Mr. Goke Adekanye stated that 80 per cent of this year’s award will be given to journalists while the rest 20% will go to entertainment sector.

His words: “Journalists have not been well recognised in this country, and this is one profession I respect so much, so therefore we will be devoting most of this award this year to journalists”. Mr. Adekanye also said there will also be pre- award event and awards dinner: “We want to make this year award very unique. We are also planning children excellence award talents, there are many things we have in stock”.

The Venue according to the organiser

is LAGUADIA PLAZA HOTEL, 10404 DITMAS ROAD BLVD ALONG LAGUADIA AIRPORT, BROOKLYN, NEW YORK. He speaks further about the award: “The Yoruba Heritage Awards is an unprecedented event that started in London, United Kingdom in 2008 to acknowledge, recognize and honor Yoruba sons and daughters for their contributions and efforts with regards to growth and development of the society both in Nigeria and diaspora. And also to further strengthen the spirit of UNITY amongst the Yoruba community.

Over the years, the Award has gained reputable recognition and the event has been hosted in many cities of in the world. In 2014, it was brought to the United States of America.

Like every other award, it is in eight categories which include: Media, Entertainment, Corporate, Education, Achievements, Posthumous, Culture and Hospitality.

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Daily Times Nigeria Monday August 8, 2016

Daily Times Nigeria

Monday August 8, 2016

L5

Wellness L6

Daily Times Nigeria Monday August 8, 2016

Ayomide Omoniyi

Amazing facts about

Hugging President Obama in warm hembrace with wife, Mitchell

To what extent do you know what hugging means and the benefits of hugging? Hugging is one of the physical expression used by humans to show they care but the health benefits are not known to all. People hug for various reasons; to relive someone of some stress, to comfort someone or as a sign of love. We often hug each other when we are happy. Hugging conveys a lot of feelings that words cannot express. When we hug each other, we express how we are feeling and how we feel about each other. It is really amazing how hugging a disturbed person could make the person relaxed to a large extent. We feel our troubles ease away and our worries replaced by happiness and trust when we hug. Some miracles happen when we hug. Do you know what wonderful things that happen when you hug someone?

Have you wondered what happens within our body when we hug? Do you know hugging is effective at healing sickness, depression, loneliness, disease and stress?

Here are some of the most amazing physiological miracles that happen in our bodies thanks to hugs.

1.

Elevates one’s mood: Hugging can increase the production of serotonin from your brain, which improves your mood and can boost your self-esteem.

A person experiences depression and loneliness when their serotonin levels are low. Serotonin is a neurotransmitter that is involved in depression, appetite. It is crucial in maintaining a sense of well-being and security. The release of this hormone elevates the mood and creates happiness. Hugging causes the brain to release serotonin and endorphin to blood vessels to create pleasure and negate sadness.

Hugging also results in improved

performance at work and at school.

Hugging causes our body to relax and release all the tension in our body at that time. It brings about assurance. You can hug someone to ease the worry of the day.

2. Increases bonding: Hugging can cause a release of oxytocin from the brain, causing us to bond with our partner. This hormone heals depression, anger, loneliness and isolation. The release of this hormone causes a rise in feelings of commitment and intimacy as we share feelings for each other through hugging. It helps to mend broken bonds. It can help in strengthening our bonds and can open up the gates to the depths of our minds.

It can help in establishing a sense of trust between people and can make us open our hearts each

other. Try hugging with your partner, friends and family to feel your bond strengthen!

3

. Relieves pain: Hugging releases endorphins, which relieve pain by blocking pain pathways. This removes pain-stimulating peptides like bradykinins. Hugging relaxes the muscles. They soothe ache by increasing circulation of soft tissues.

When you feel pains, hugging someone is not a bad idea.

4.

Balances nervous system: Hugging balances the nervous system. The galvanic response measured from someone who receives a hug shows a marked change in skin conductance. The skin contains a network of tiny-egg shaped pressure sensors called the Pacinian corpuscles which are in

contact with the brain through the Vagus nerve, they can sense touch.

The effect of moisture and electricity over the skin during hugging shows a balanced state of parasympathetic nervous system that slows the heart and relaxes muscles. This is achieved by psychophysiological coherence created by passionate hugging.

5.

Increases empathy and understanding: Hugging helps to put yourself in the shoes of the person you are hugging, especially if the person is in a bad mood and needs your comfort. A sincere and passionate hug allows for the exchange of feelings across the bioenergetics field generated by the heart, causing us to empathize with the other person. It aids understanding because you begin to feel the way the other person is feeling. Hugging helps you open your heart to people you care about.

6.

Boosts immune system: Hugging stimulates the Thymus gland, which regulates and balances the body production of white blood cell to keep the body healthy and diseases free. Hugging can decrease the stress hormone which inhibits the immune system and increase

the hormones and peptides that regulate the functioning of immune cells. Learn to give your children hugs and keep them healthy and immune.

7.

Alleviates stress: Hugging alleviates stress by reducing the levels of circulating cortisol which is the stress hormones in the blood. This helps the mind to calm down. This helps in decreasing cortisol-induced hyperglycemia and diabetes mellitus. There is an amazing link between touch and relieving stress.

Hugging has a lot of benefits. It keeps our body relaxed and makes us feel happy. There is absolutely nothing to lose from hugging so keep helping people survive by hugging. For an inanimate object like a teddy bear to soothe individual’s existential fears, simply imagining hugging a person you love the most can cause your brain to release serotonin, dopamine, and endorphin, triggering feelings of happiness and joy. This will also negate worries by decreasing the levels of stress hormone, by altering the perception of the brain, and by evoking positive emotions.

Hug and live long!

KEEP HUGGING!

Daily Times Nigeria

Monday August 8, 2016

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Nutrition

Ayomide Omoniyi

A potent antibiotic not just a kitchen spice Garlic is a plant in the onions family, grown for its cooking properties and health effects. Garlic is not just a kitchen spice, but one of the most effective antibiotics that we have. It is an enemy of fresh breath and evil spirit but amazing for your body. It has a lot of benefits you probably never thought of. Don’t think of the bad breath garlic might cause and then avoid it, it is beneficial to your health.

Garlic is well known as

a natural health remedy that has long been used to treat various ailments.

It is scientifically proven that garlic works powerfully against bacteria that causes sicknesses like typhoid fever, dysentery, skin infection and unitary infection. Unlike synthetic antibiotics, garlic has no side effect. The peculiar smell of garlic that is often found offensive by a lot of people is due to the presence of diallyl disulphide,

an enzyme derived from alliicine.

As volatile substance, alliin and diallyl dysulphur easily permeate all body organs and tissue, making it impossible to hide the smell. The body organs which benefit most from garlic are the organs of elimination such as the lungs, bronchi, liver, kidney and the skin. When garlic is eaten, its odour affects all the body secretion, sweat, urine, breath, belches

saliva and even the milk of a breast feeding mother. It is recommended that adults consume no more than one clove two or three times a day and that children have one quarter to one half a clove, once or twice a day. Garlic is a tasty addition to almost every cooked dish, garlic has some amazing abilities to help in our everyday lives. When used for medicinal purposes, garlic can help to treat a wide variety of ailments as well as making your dinner taste amazing.

Acknowledging the offensive smell of garlic, the health benefits should not be ignored and how important it is to our body. Here are the benefits of garlic.

1. Prevents Cancer: Garlic has the ability to prevent different types of cancer including; Bladder cancer, prostate cancer, breast cancer, colon cancer and stomach cancer. These cancer types have all been shown to have their tumors reduced when treated with garlic. Higher consumption of garlic leads to lower risk of cancer. We all need to eat more garlic if we want to maximize its cancerrelated benefits. Still, garlic has a consistent track record with respect to general anticancer benefits, and there are good research reasons for classifying garlic as an “anticancer” food.

The allyl sulfides found in garlic may play a key role in its cancer-prevention benefits.

2. Antibacterial and Antiviral Benefits: The antibacterial and antiviral properties of garlic are perhaps its most legendary feature. This allium vegetable and its constituents have been studied not only for their benefits in controlling infection by bacteria and viruses, but also infection from other microbes including yeasts/fungi and worms.

However, most of the research on garlic as an antibiotic has involved fresh garlic extracts or powdered garlic products rather than fresh garlic in whole food form. Also of special interest has been the ability of garlic to help in the treatment of bacterial infections that are difficult to treat due to the presence of bacteria that have become resistant to prescription antibiotics. Although the result to the research of if garlic could cure Pylori, a risk factor of stomach ulcer, has been inconclusive. As garlic may not be able to alter the cause of infection itself but may still help in regulating the body response to that infection.

3. Combat Sickness: Garlic strengthens the immune

system as well as helps to fight chest infections, coughs, common cold and congestion. If you often get colds, then adding garlic to your diet could be incredibly helpful. Garlic is known to boost the function of the immune system. In the winter months, garlic is a great food to boost your immune system and ward off colds and flu.

Also, it treats scurvy because garlic contains good level of Vitamin C and Vitamin C treats scurvy.

4. Garlic lowers risk of Heart Disease: It improves cholesterol levels, which may lower the risk of heart disease and stethoscope. For people with high cholesterol, intake of garlic is advised. Garlic is active to lower LDL but ineffective to HDL. Garlic intake reduces total and LDL cholesterol, particularly in those who have high cholesterol. HDL cholesterol and triglycerides do not seem to be affected. Studies have shown the amazing benefits of taking garlic in relation to heart disease.

5. Regulates blood sugar: Garlic consumption regulates the blood sugar in the body, it enhances the level of insulin in the blood.

This may assist in the control of diabetes. Medical advice could be sought for if you believe the use of garlic could help improve your condition. This is because too much consumption of garlic; in large dose can be detrimental to your health because garlic actually gets to your blood stream and can be effective in many ways.

This mean that, when you sweat, garlic will leave your body through your pores.

Many people who eat larger than normal amounts of garlic report increased body odor.

6.

Improve Athletic Performance: The performance of an athlete can be improved with Garlic Supplementation.

Garlic was one of the earliest “performance enhancing” substances.

It was administered to the Olympic athletes in ancient Greece.

It was traditionally used in ancient cultures to reduce fatigue and enhance the work capacity of laborers.

Garlic helps with exercise performance, but very few human studies have been done. Other studies suggest that exercise-induced fatigue may be reduced with garlic.

Garlic can improve physical performance in people with heart disease. Benefits in healthy people are not yet conclusive.

L8 TV guide

Daily Times Nigeria

Monday August 8, 2016

Showing on

Showing on

102 M-Net EDGE Channel

112 Studio Universal

01:00

05:20

Mon, 8 August | 16L

Mon, 8 August | 13

‘S3/E4 - Chapter 30’. Kevin Spacey stars as the ruthless politician Frank Underwood in this multiple Emmy award winning drama.

Claire Underwood struggles to salvage her Mideast peace plan in this episode.

101 M-Net West

A has-been divorcé basketball coach is asked to run the local high school girls basketball team. He finds an unexpected chance to get back on his feet again.

Emma Roberts, Rob Corddry, Sam Rockwell. (2009) James C. Strouse.

120 BBC Entertainment

118 Telemundo

128 SONY MAX

00:05 New Tricks 01:00 The Cube 01:50 Come Dine With Me 02:40 Downton Abbey 03:30 EastEnders 01:10 The Imposter 03:00 The Double 05:00 The Ellen DeGeneres Show 06:00 Modern Family 06:30 Blue Bloods 07:30 The Fixer 08:30 Moms’ Night Out 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 MasterChef Australia 18:30 Grey’s Anatomy 19:30 Mysteries Of Laura 20:30 Elementary 21:30 Carte Blanche 22:30 A Good Marriage 23:04 Strike Back 22:30 Mob City 23:00 Strike Back 23:50 Rome

04:00 EastEnders 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?

04:30 EastEnders 05:00 Spy 05:25 QI 00:45 Perils Of The Sentimental Swordsman

06:00 The Thin Blue Line 06:30 EastEnders 07:00 Antiques Roadshow

16:30 Deal Or No Deal

02:15 Most Shocking

08:00 The Weakest Link

17:10 The Cube

03:10 Most Shocking

08:50 The Chase

18:05 Who Wants To Be A Millionaire?

04:05 Exposed

19:00 Celebrity MasterChef

05:00 Criss Angel Mindfreak

20:00 Hell’s Kitchen USA

05:25 Exposed

21:00 Hell’s Kitchen USA

05:50 Exposed

21:50 The Graham Norton Show

06:15 Video Zonkers

22:45 Would I Lie To You?

06:40 Repo Games

23:45 Tanked

07:10 World’s Wildest Police Videos

09:35 Total Wipeout UK 10:30 The Cube 11:20 New Tricks 12:20 Top Gear 13:10 Come Dine With Me 14:10 Total Wipeout UK 15:10 The Weakest Link 16:00 EastEnders

155 AfricaMagic World

00:05 President For A Day 01:10 Sequence 02:00 Jara 02:30 Jara 03:00 Good Morning Africa 04:05 53 Extra

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

154 AfricaMagic Family 04:50 Perfect Union 06:00 Good Morning Africa 07:00 Star Gist 07:25 Vanity’s Last Game 08:30 Living With Trisha 09:25 The African Child 10:00 Good Morning Africa 11:00 Tinsel 11:30 Star Gist 12:00 Music Block 13:00 At Home With Joselyn Dumas 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

04:30 Exposed

13:40 Disorderly Conduct: Video On Patrol 14:40 South Beach Tow 15:10 Exposed 01:00 Series TBA 02:30 Good Morning Africa 03:30 Good Morning Africa 04:30 Prem 05:00 Good Morning Africa 06:00 My Good Will 09:00 Good Morning Africa 10:00 So Wrong So Wright 10:30 So Wrong So Wright 11:00 Lies That Bind 11:30 Lies That Bind 12:00 Jara 12:30 Jara 13:00 Series TBA 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 19:25 So Wrong So Wright 20:00 Secret Adventure 22:40 Series TBA 22:55 Series TBA 23:45 Why Stop Now? 18:30 So Wrong So Wright

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 Max Knight: Ultra Spy 21:30 Poorman’s Bikini Beach 22:00 Kenny vs Spenny 22:30 Tool Academy