11111111 friday, july 3, 2015 by Newtelegraphonline

Sanctity Of Truth

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Vol. 2 No. 499

Friday, July 3, 2015

@newtelegraph1 www.newtelegraphonline.com

Buhari sacks SSS Director general

entertainment

N150

Nigeria loses N60bn to pipeline vandalism

Peller’s son: lFIRS rakes in N1.84trn in six months A different kind of 'magician'}25 N Adeola Yusuf and Chukwu David

igeria has lost about N60 billion ($299 million) to pipeline vandalism in

the last one year, according to figures released yesterday by the Nigerian National Petroleum Corporation (NNPC). NNPC, in a bulletin, said the revenue loss accrued from 3,700

cases of pipeline vandalism recorded during the period. The reported loss came just as the Federal Inland Revenue Service (FIRS) told the Senate that the agency collected for the

nation's treasury N1.84 trillion between January and June 2015. The sabotage of pipelines is a major problem in Nigeria, Africa's leading crude producer, CONTINUED ON PAGE 4

Jonathan, Ekweremadu fight over minority leader

lAkpabio moves to displace ranking senators

QuickRead

'My husband abandoned me with six children' }44 B'Haram kills 145 in attacks on Borno mosques, villages }46 Motorists queue for petrol at a filling station on Kubwa-Suleja Expressway, Abuja…yesterday.

Why Gbajabiamila group visited Buhari

PHOTO: NAN

Dangote, 11 others increase fortune to $15.3bn }48

Okorocha orders lAtiku, Oyegun urge compromise over N'Assembly crisis 40 monarchs to lAPC NWC meets today }2 withdraw suit }50

News

FRIDAY, JULY 3, 2015 NEW TELEGRAPH

Why Gbajabiamila group visited Buhari Anule Emmanuel and Johnchuks Onuanyim Abuja

faction of House of Representatives lawmakers from the All Progressives Congress (APC) has called on President Muhammadu Buhari to ensure the enforcement of the party's position on the leadership of the National Assembly. The group, led by former House Minority Leader, Hon. Femi Gbajabiamila, at a meeting late on Wednesday with the president, said the party renegade lawmakers should not be allowed to have their ways on those to occupy principal offices

belonging to the majority party in the House. The meeting was held against the backdrop of the festering crisis in the party over the leaders of the National Assembly. House Speaker, Hon. Yakubu Dogara, had last Thursday declined to read a letter from the APC National Chairman, Chief John Odigie-Oyegun, that Gbajabiamila was the party's choice for the post of Majority Leader. The APC had forwarded the name of Gbajabiamila as leader, Hon. Alhassan Ado Doguwa as Deputy Leader, Hon. Mohammed Monguno as Chief Whip and Pally Iriase as Deputy Whip. Dogara's failure to announce Gbajabiamila

along with other nominees as principal officers had plunged the House into a crisis that degenerated into a free-for-all. The crisis forced the House to adjourn till July 2. It was as part of the efforts to resolve the crisis that made Buhari to meet with the Gbajabiamila group. The party's National Executive Committee (NEC) is also billed to meet today over the crisis. However, ahead of today's meeting, former VicePresident Atiku Abubakar and Oyegun yesterday called on all parties to be ready to shift positions in order to engender genuine reconciliation. At the meeting between the president and

the Gbajabiamila group, which was also attended by Vice-President Yemi Osinbajo, among others, the lawmakers urged Buhari to caution Dogara and his supporters. The group accused the APC members on the side of Dogara of allegedly colluding with the Peoples Democratic Party (PDP) to polarise the ruling party. According to the Gbajabiamila group, the Dogara group is out to factionalise APC to give room for them to later defect to the PDP. In a written presentation to the president a copy of which New Telegraph obtained, the 30 lawmakers who attended the meeting on behalf of their colleagues said the president’s intervention

President Muhammadu Buhari (right) receiving a letter from a special envoy from Chad, Mrs. Aichatou Boulama Kane, in Abuja…yesterday

was needed in order to save the party’s integrity. They demanded that Dogara should be asked to return to their fold and announce the other four principal positions as directed by the party. This they said had always been the convention. “The 39 APC members in the House continue to collude with the PDP to flagrantly disobey Mr. President, the governors and the party with a view to bringing the party and government to ridicule before Nigerians. “The conduct of the 39 APC members colluding with the PDP is tantamount to affront, ultimately targeted at polarising our party so as to give room for many of them to decamp to the PDP. “It is therefore imperative for Mr. President to take a stand and save the integrity of the party by cautioning the 39 members, which include the Speaker and the Deputy Speaker, to respect, honour and obey our party leaders and their directives," the Gbajabiamila group said. The Gbajabiamila group wondered what would be the reward of the 174 of them that have remained obedient and loyal to the party. In an interview with State House correspondents after the meeting which lasted for about two hours, Gbajabiamila said he led the lawmakers to meet with the president in order to iron out the issues that had arisen since June 9 and find a way forward.

Jonathan, Ekweremadu, Wike fight over minority leader Donald Ojogo Abuja

s the ruling All Pro g ressives Congress (APC) continues to grapple with the challenges posed by the distribution of principal offices in the National Assembly, a similar crisis is brewing in the opposition Peoples Democratic Party (PDP). The situation in the PDP has pitted some influential leaders of the party, including former President Goodluck Jonathan and his wife, Patience, against Deputy Senate President Ike Ekweremadu, as well as Rivers State Governor, Mr. Nyesom Wike. While Ekweremadu and Wike are against the choice of Senator George Sekibo as Minority Leader as proposed by the former first family, former Akwa Ibom State Governor, Godswill Akpabio, who is now

a senator, has also shown interest in the same position. Akpabio’s ambition, which is at variance with the Senate ranking rule, is backed by majority of senators from the SouthSouth, where the PDP has zoned the position to. Curiously, the chances of Senator James Manager, who had hitherto been touted as the Senate Minority Leader are looking dim as the aspirants and their supporters have intensified lobbying ahead of the announcement of the offices when the Senate resumes plenary on July 21. A senator from the South-South told a team of reporters that the brewing crisis was "capable of weakening the PDP ahead of its role as a viable opposition party in the years ahead." “We are seeing the APC crisis now, ours is also in the making because before

July 21, if we too don’t sort ourselves out, we can at best say that what is capable of weakening the PDP ahead of its role as a viable opposition party in the years ahead may have been planted. “We all thought the issue of Senate Minority Leader has been laid to rest until DSP (Deputy Senate President) called us for a meeting in his house where he sought people's opinions on the propriety or otherwise of selecting Senator John Owan Eno (Cross River) for the position. “I think it was from there the former Akwa Ibom governor got the feeling that if the matter has to be revisited, then he would take a shot at it; but he doesn’t know that his ambition is against the rules of the Senate as regards the selection of its principal officers. “Before then, we were all facing the challenge

of the suggestion by the former president and his wife that we should consider Sekibo who is from Rivers State but the duo of Ekweremadu and Wike kicked against it. “From all indications, if we don’t step in on time, our earlier decision backing James Manager may fail because you know what money can do in politics; we can’t say money won’t work in this circumstance. “Although Akpabio has argued that both Manager and the House Minority Leader-designate, Hon. Leo Ogor, being from Delta State, cannot hold the two positions simultaneously, we have also told him that since the PDP is in unusual circumstances, we can allow that to fly," the source stated. The squabbling for the position came a day after the PDP formally announced the zoning of

minority positions in both chambers of the National Assembly. The party’s National Publicity Secretary, Mr. Olisa Metuh, said at the end of a meeting in Abuja on Tuesday that the PDP National Working Committee (NWC) had zoned the Senate Minority Leader to South-South while the North-Central will produce Minority Whip. The Deputy Minority Leader and Deputy Minority Whip go to the North-East and SouthWest respectively, while in the House of Representatives, PDP said it accepted the choice of the members for Ogor to be Minority Leader. Metuh, however, said the North-West would produce the Minority Whip while the South-East and North-East would produce Deputy Minority Leader and Deputy Minority Whip respectively.

When asked what the president told them, Gbajabiamila said Buhari as a party man believed in party supremacy and the party’s ideologies. On why Dogara would be absent at the meeting when he claimed that it was for APC caucus, the lawmaker said the speaker could have other engagements. However, Dogara has explained his absence at the meeting, saying the president did not invite him. In a statement by his spokesman, Turaki Hassan, the speaker said: "We wish to make it abundantly clear that there was never a time the speaker was invited for a meeting with the president on Wednesday, July 1, 2015." New Telegraph, however, gathered that the president would meet with Dogara and his supporters at a later date in his attempt to reconcile the different camps in the House. It was also gathered that Dogara might have made up his mind not to recognise Gbajabiamila as leader of the House as well as the other three lawmakers chosen as deputy leader, chief whip and deputy chief whip. But ahead of today's meeting of the NEC of the party, Odigie-Oyegun yesterday said the meeting would be used to calm frayed nerves and ensure reconciliation of differences. According to him, for the meeting to achieve its objectives, there is the need for all the combatants to be ready to shift positions. He told reporters in Abuja that everybody should bear it in mind that they have to lose face for amicable resolution of the conflict. He said: "For me, I think that there is no other way to resolve the conflict other than for all of us to accept compromise. Each one of us will lose face and that is the only way forward." Atiku also urged leaders of the APC to shift their positions in the interest of democracy, the party, the new administration and the country. The former vice-president, in a statement by his media office, called for the concentration of positive energies on building unity, cohesion and harmony among party leaders and other stakeholders. He said: "We can resolve our differences when our leaders individually and collectively shift ground from extreme positions and move to the centre in the interest of our party and our country."

NEW TELEGRAPH FRIDAY, JULY 3, 2015

FRIDAY, JULY 3, 2015 NEW TELEGRAPH

Buhari fires DSS DG

lAppoints Daura as replacement Oluwatosin Omoniyi and Emmanuel Onani

resident Muhammadu Buhari has sacked the Director-General (DG) of the Department of State Services (DSS), Mr. Ita Ekpenyong. He has, accordingly, appointed Mr. Lawal Musa Daura, as the new DG of the secret service, which was one of the three agencies that evolved from the defunct National Security Organisation (NSO). A statement conveying the president's decision, which emanated from the Office of the Head of Civil Service of the Federation, and signed by the Director of Communications, Mr. Haruna R. Imrana, said Daura's appointment is with immediate effect. Born in Daura, Katsina State on August 5, 1953, the new DG attended Ahmadu Bello University (ABU), Zaria, between 1977 and 1980. Daura started his career in what was then called State Security Service (SSS) in 1982, where he rose to the rank of Director. Between 2003 and 2007, he was the Deputy Director Presidential Communication, Command and Control Centre at the Presidential Villa, Abuja. According to the statement, the retired Directorturned DG, attended various professional courses both home and abroad including the National Institute for Policy and Strategic Studies (NIPSS), Kuru. It is also on record that at various times, he served as State Director in Kano, Sokoto, Edo, Lagos, Osun

and Imo States. At the rebirth of democratic rule in 1999, former President Olusegun Obasanjo appointed a retired Colonel, Kayode Are, as DG of SSS. Are served in that capacity until August 2007, when he was replaced with Mr. Afakriya Gadzama. Gadzama, who was appointed by late President Umaru Yar 'Adua in August 2007 was, however, sacked by President Goodluck Jonathan in 2010. Ekpenyong, the immediate-past DG, had his four-year tenure renewed last August. He was, however, removed barely 11 months into his renewed tenure, which would have lapsed sometime in 2018. New Telegraph's investigation, however, revealed that the appointment of DG DSS, is political, and so, can be terminated at any point by the President. A very senior security expert, who spoke in confidence, said appointing a serving Director, would have been a better option, as that would probably have elicited more confidence among personnel. He, nonetheless, said the new appointment was in order, having regard to the fact that Daura, whom he described as "ably qualified", retired a few years ago. According to him, "President Buhari's decision is in order because there is no clear-cut mode of succession in the service. The president is at liberty to appoint anyone he considers suitable for the job. "However, I think it would have been healthier to appoint a DG from among the serving Direc-

tors. I say this without prejudice to the fact that Daura, having retired as Director a few years ago, still understands the dynamics in the Service," he said. He added that this was the first time a retired Director was being brought in, to head the Service. Insiders said Ekpenyong’s ouster was not a surprise A senior official told New Telegraph that the sacked DG was prepared for it since the election of President Buhari on March 28 and when his administration started changing officials of the Service at their duty post in the Presidential Villa. Under Ekpenyong, DSS became partisan. In the build-up to the 2015 elections, the then opposition party, the All Progressives Congress (APC), accused the Service of being an intelligence wing of the Peoples Democratic Party (PDP). Operatives of DSS also raided the APC data centre in Lagos. The agency accused the then opposition party of “cloning INEC Permanent Voters’ Cards with the intention of hacking into INEC data base, corrupting it and replacing them with their own data.” The Service also accused APC of offering its operatives bribe during the August 9 governorship poll. The agency’s spokesperson, Ms Marilyn Ogar, told the media that APC offered DSS operatives N14 million bribe. Hence, it was expected that when APC took over governance on May 29, President Buhari would make some changes in the agency.

FIRS rakes in N1.84trn in six months CONTINUED FROM PAGE 1

resulting in massive oil theft, or so-called "bunkering" that costs the country billions in lost revenue. The NNPC said in its latest annual statistical bulletin that incidence of pipeline vandalism rose by 4.54 per cent in 2014, compared to the situation in the preceding year. "A total of 3,732 line breaks was reported on NNPC pipelines out of which 3,700 was as a result of vandalism, while 32 cases were due to system deterioration," it said. The NNPC added that the resulting loss of both crude oil and refined petroleum products that go through the pipelines had cost nearly N60 billion.

The oil corporation said total oil production for 2014 stood at 798.5 million barrels, a marginal drop of 0.24 per cent from 2013. Stolen crude and illegally refined oil products are regularly smuggled out and sold on the lucrative black market, an illicit business that is estimated to cost the country some much-needed $6 billion a year in revenue. Major oil operators, including Anglo-Dutch oil giant Shell, have blamed repeated oil theft and sabotage of key pipelines as the main cause of spills and pollution in the southern oil-producing region. Also yesterday, the FIRS, through its Chairman, Mr. Samuel Ogungbesan, said the agency had

collected N1.84 trillion in the first half of 2015. Ogungbesan, who appeared before the leadership of the Senate to brief the senators on the challenges of the agency in revenue collection and its performance within the first half of the 2015 fiscal year, however, blamed the dwindling non-oil revenue on tax evasion by individuals and corporate bodies. He said the culprits had devised strategies to evade payment of taxes to the Federal Government. A breakdown of the figure shows that N697 billion was generated from petroleum profit tax, N778 billion came from company tax and N376 billion from Value Added Tax (VAT). CONTINUED ON PAGE 16

FGN (see Table II) State (see Table III) LGCs (see Table IV) 13% Derivation Fund

Beneficiaries

S/n

NNPC Refund to FG =N= 6,330,393,548.39 6,330,393,548.39

Exchange Gain Difference =N= 14,317,800,185.68 7,262,179,593.04 5,598,836,063.50 4,061,202,367.23 -

31,240,018,209.45

6,686,112,077.61 33,024,764.92 6,719,136,842.53

=N=

139,760,474,063.06 2,881,659,259.03 1,440,829,629.52 4,841,187,555.17 2,881,659,259.03 151,805,809,765.81

Less Deductions

Gross Statutory Allocation

133,074,361,985.45 2,881,659,259.03 1,440,829,629.52 4,841,187,555.17 2,848,634,494.11 145,086,672,923.28

=N=

Net Statutory Allocation

5=3-4

13,181,725,683.48 271,788,158.42 135,894,079.21 456,604,106.15 271,788,158.42 14,317,800,185.68

=N=

Exchange Gain Difference

5,828,095,806.70 120,166,923.85 60,083,461.92 201,880,432.07 120,166,923.85 6,330,393,548.39

=N=

NNPC Refund to FG

9 = 5 + 6 +7 +8

159,720,953,046.55 3,273,614,341.30 1,636,807,170.65 5,499,672,093.39 3,786,073,117.16 173,917,119,769.06

=N=

Total Net Amount

Table II

418,453,087,482.13

Total =N= 180,636,256,611.59 111,534,292,033.40 84,052,940,726.87 33,132,656,623.08 2,880,627,069.13 1,540,711,514.93 4,675,602,903.14

7,636,769,570.92 545,483,540.78 8,182,253,111.70

=N=

VAT

56,821,202,164.61

VAT =N= 8,182,253,111.70 27,274,177,039.02 19,091,923,927.31 2,272,848,086.58

Distribution of Revenue Allocation to FGN by Federation Account Allocation Committee for the Month of May, 2015 Shared in June, 2015

Check!!

324,061,473,559.68

Statutory =N= 151,805,809,765.81 76,997,935,401.34 59,362,180,736.06 29,071,454,255.85 2,880,627,069.13 1,540,711,514.93 2,402,754,816.56

Table I

Source: Office of the Accountant-General of the Federation

A. M. Daniel-Nwobia (Mrs) Permanent Secretary Federal Ministry Of Finance, Abuja. Nigeria.

...............................

The above information is also available on the Federal Ministry of Finance website www.fmf.gov.ng and Office of Accountant-General of the Federation website www.oagf.gov.ng. In addition, you would find on these websites details of the Capital and Recurrent allocations to all arms of Government including Federal Ministries and Agencies. The Budget Office website www.budgetoffice.gov.ng also contains information about the Budget.

1 FGN (CRF Account) 2 Share of Derivation & Ecology 3 Stabilization 4 Development of Natural Resources 5 FCT-Abuja Sub-total

9 Total

Cost of Collection - NCS Cost of Collection - DPR Cost of Collections - FIRS ADD TRANSFER TO EXCESS 8 REVENUE and SUBSIDY ACCTS

1 2 3 4 5 6 7

S/n

Summary of Gross Revenue Allocation by Federation Account Allocation Committee for the Month of May, 2015 Shared in June, 2015

FEDERAL MINISTRY OF FINANCE, ABUJA

NEW TELEGRAPH FRIDAY, JULY 3, 2015

CHECK!!

34 TARABA

35 YOBE

36 ZAMFARA

76,997,935,401.34 -

2,020,606,487.83

2,016,312,331.31

1,955,929,595.53

2,237,798,739.42

29,071,454,255.85 -

4,997,560,644.83

1,150,641,330.43

252,080,971.05

1,005,066,984.43

7,942,766,985.64

5,168,085,389.91

8,212,005,454.71

106,069,389,657.19

2,020,606,487.83

2,016,312,331.31

1,955,929,595.53

2,237,798,739.42

7,187,382,109.97

2,120,351,587.49

2,277,418,407.84

1,851,855,496.40

3,040,816,222.80

1,886,437,648.13

2,405,181,877.19

1,872,530,361.83

2,720,124,337.57

1,807,457,990.39

2,244,184,826.68

2,144,061,220.81

2,495,982,268.02

3,220,740,555.03

2,660,424,923.79

2,270,730,528.48

2,363,224,336.87

1,912,571,766.27

2,042,015,483.31

1,815,552,424.75

2,903,681,622.99

1,816,577,508.86

10,004,454,901.45

2,041,839,258.80

2,522,774,473.38

2,277,166,808.03

6,964,714,779.07

2,428,810,453.26

2,018,905,080.63

10,253,496,554.83

2,022,694,360.39

2,244,582,327.78

=N=

Gross Total

6=4+5

1,921,900,877.95

0.00

21,973,974.24

19,334,052.36

15,151,323.20

30,957,155.55

42,907,311.06

14,727,496.74

93,056,899.45

85,057,627.69

41,974,411.58

60,164,267.20

35,048,594.48

23,944,890.69

371,267,006.83

23,083,484.52

21,744,243.82

32,082,817.05

85,807,569.66

37,874,885.49

142,250,203.64

19,574,785.07

38,581,218.56

14,362,678.11

40,240,915.48

42,260,280.19

47,913,311.98

26,681,495.92

22,109,362.36

190,756,660.50

13,512,881.93

18,276,475.25

28,424,807.16

46,404,985.74

18,252,116.50

108,234,408.80

26,698,598.73

21,207,680.42

External Debt =N=

12,163,588,789.38

0.00

488,822,936.86

0.00

609,914,612.08

99,912,935.00

945,881,467.00

725,882,360.59

0.00

503,071,387.00

101,637,860.22

2,000,000,000.00

0.00

246,132,000.00

0.00

190,000,000.00

0.00

358,424,768.53

499,551,677.82

0.00

499,654,808.01

520,000,000.00

566,756,099.01

1,098,907,642.20

633,134,951.92

0.00

472,247,451.38

1,241,107,428.57

362,548,403.19

0.00

Contractual Obligation (ISPO) =N=

8 Deductions

3,287,432,877.77

205,954,280.79

11,862,343.75

1,344,470,237.99

41,313,301.87

59,818,784.19

24,412,922.34

244,433,020.26

92,409,508.07

61,164,451.57

110,330,325.91

29,970,897.10

23,120,001.44

225,480,708.55

18,165,775.09

267,534,389.05

172,233,049.47

22,500,000.00

198,186,169.97

54,043,771.35

17,049,006.47

62,979,932.54

Other Deductions (see Note) =N=

88,696,467,112.09

1,303,855,295.94

1,996,978,278.95

1,928,915,928.58

2,206,841,583.87

5,800,004,560.92

1,454,396,176.80

2,024,629,789.20

796,503,479.37

2,028,526,430.37

1,826,273,380.93

1,867,061,895.71

1,746,947,610.92

348,857,330.74

1,691,964,997.80

1,976,308,582.86

2,111,978,403.76

2,410,174,698.36

3,182,865,669.54

2,328,174,720.15

2,251,155,743.41

1,905,053,898.21

1,288,327,084.43

1,971,803,670.73

1,250,517,335.11

2,110,287,602.46

1,204,974,138.84

8,615,903,507.84

1,045,714,596.91

2,509,261,591.45

1,764,142,881.40

5,496,996,373.37

1,965,813,292.98

1,983,603,957.66

10,145,262,146.03

1,995,995,761.66

2,160,394,714.82

11,323,381,960.27

190,576,632.02

190,171,622.00

184,476,530.70

211,061,455.79

902,734,924.67

199,984,245.66

214,798,246.21

174,660,620.77

339,838,744.91

177,922,290.00

226,848,455.81

176,610,602.74

256,552,741.99

170,473,201.19

211,663,769.51

202,220,456.47

235,412,435.37

303,769,136.29

250,922,099.27

214,167,468.51

234,098,955.16

180,387,169.85

192,595,854.61

171,236,640.31

319,501,880.02

171,333,322.71

1,305,367,206.42

192,579,233.72

237,939,383.74

214,774,516.19

886,293,090.25

229,077,021.57

190,416,161.17

1,344,547,466.20

190,773,552.96

227,594,825.51

=N=

Exchange Gain Difference

Net Statutory Allocation =N=

10=6-(7+8+9)

KWARA VAT DEDUCTION

27,274,177,039.01

619,809,050.17

517,156,340.26

530,351,315.20

608,526,990.32

832,737,667.04

572,159,788.03

809,611,089.21

593,985,359.36

590,092,223.16

657,183,826.53

632,799,280.04

506,532,282.95

5,193,131,808.40

533,248,058.52

589,151,539.47

580,958,533.44

782,946,165.49

1,034,421,824.21

767,866,953.97

674,842,127.77

624,378,182.00

529,907,021.59

635,258,078.17

536,678,738.75

607,282,023.23

519,387,646.17

744,963,037.16

605,155,152.66

628,115,510.69

634,922,412.96

482,314,914.13

667,749,757.41

642,954,039.69

619,626,957.65

602,741,269.85

565,230,073.38

=N=

Gross VAT Allocation

144,666,948,656.47

2,830,992,170.02

2,723,640,293.58

2,670,757,441.43

3,057,387,185.54

8,922,854,701.68

2,892,495,621.18

3,301,827,743.26

2,620,501,476.53

3,970,747,190.87

2,721,543,764.65

3,264,829,613.04

2,555,673,247.52

8,169,808,887.95

2,511,179,250.10

3,045,000,135.65

2,927,240,210.72

3,514,340,868.88

4,558,931,515.53

3,679,213,977.02

3,159,740,124.76

3,221,701,474.03

2,622,865,957.71

2,869,869,416.09

2,523,467,803.82

3,830,465,526.24

2,507,298,477.74

12,054,785,145.03

2,839,573,645.18

3,388,829,367.81

3,126,863,737.18

8,333,322,783.45

3,325,637,232.24

2,852,275,281.50

12,217,670,978.68

2,816,209,183.20

3,037,407,226.67

=N=

Total Gross Amount

13=6+11+12

127,294,026,111.37

2,114,240,978.13

2,704,306,241.22

2,643,743,774.48

3,026,430,029.99

7,535,477,152.63

2,226,540,210.49

3,049,039,124.62

1,565,149,459.50

2,958,457,398.44

2,661,379,497.45

2,726,709,631.56

2,430,090,496.61

5,798,541,881.12

2,395,686,257.51

2,777,123,891.83

2,895,157,393.67

3,428,533,299.22

4,521,056,630.04

3,346,963,773.38

3,140,165,339.69

2,763,531,035.37

1,998,621,275.87

2,799,657,603.51

1,958,432,714.18

3,037,071,505.71

1,895,695,107.72

10,666,233,751.42

1,843,448,983.29

3,375,316,485.88

2,613,839,810.55

6,865,604,377.75

2,862,640,071.96

2,816,974,158.53

12,109,436,569.88

2,789,510,584.47

2,953,219,613.71

=N=

Total Net Amount

14=10+11+12

Source: Office of the Accountant-General of the Federation

Note : * Other Deductions cover; National Water Rehabilitation Projects, National Agricultural Technology Support Programme, Payment for Fertilizer, State Water Supply Project, State Agricultural Project and National Fadama Project

Total (States)

37 FCT

32 RIVERS

33 SOKOTO

2,277,418,407.84

1,851,855,496.40

1,890,174,892.38

1,886,437,648.13

2,405,181,877.19

1,872,530,361.83

2,189,821,465.14

25 NASSARAWA

2,720,124,337.57

1,807,457,990.39

2,120,351,587.49

24 LAGOS

23 KWARA

2,244,184,826.68

31 PLATEAU

22 KOGI

2,144,061,220.81

21 KEBBI

2,495,982,268.02

3,220,740,555.03

20 KATSINA

30 OYO

19 KANO

2,660,424,923.79

29 OSUN

18 KADUNA

2,270,730,528.48

17 JIGAWA

2,111,143,365.82

28 ONDO

16 IMO

1,912,571,766.27

15 GOMBE

2,042,015,483.31

1,815,552,424.75

14 ENUGU

26 NIGER

13 EKITI

1,898,614,638.56

1,816,577,508.86

2,061,687,915.81

2,041,839,258.80

2,522,774,473.38

2,041,491,100.12

27 OGUN

11 EBONYI

12 EDO

10 DELTA

9 CROSS RIVER

2,277,166,808.03

5 BAUCHI

6 BAYELSA

7 BENUE

2,428,810,453.26

1,796,629,389.16

4 ANAMBRA

8 BORNO

2,018,905,080.63

3 AKWA IBOM

2,022,694,360.39

2 ADAMAWA

=N=

343,246,494.85

=N=

1,901,335,832.93

1 ABIA

13% Share of Derivation (Net)

Gross Statutory Allocation

No. of LGCs

Beneficiaries

S/n

DISTRIBUTION OF REVENUE ALLOCATION TO STATE GOVERNMENTS BY FEDERATION ACCOUNT ALLOCATION COMMITTEE FOR THE MONTH OF MAY, 2015 SHARED IN JUNE, 2015

FEDERAL MINISTRY OF FINANCE, ABUJA

Table III

S/n

6 FRIDAY, JULY 3, 2015 NEW TELEGRAPH

Beneficiaries

ABIA ADAMAWA AKWA IBOM ANAMBRA BAUCHI BAYELSA BENUE BORNO CROSS RIVER DELTA EBONYI EDO EKITI ENUGU GOMBE IMO JIGAWA KADUNA KANO KATSINA KEBBI KOGI KWARA LAGOS NASSARAWA NIGER OGUN ONDO OSUN OYO PLATEAU RIVERS SOKOTO TARABA YOBE ZAMFARA FCT, ABUJA Total LGCs

S/n

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37

17 21 31 21 20 8 23 27 18 25 13 18 16 17 11 27 27 23 44 34 21 21 16 20 13 25 20 18 30 33 17 23 23 16 17 14 6

Gross Statutory Allocation

No. of LGCs

=N= 1,232,131,462.77 1,554,157,000.61 2,070,045,798.27 1,562,555,829.81 1,773,810,077.15 722,005,628.76 1,930,179,894.28 2,095,596,936.41 1,350,965,342.18 1,731,068,327.89 999,357,093.99 1,324,501,572.32 1,051,702,280.61 1,345,713,288.85 922,083,685.40 1,803,555,158.48 1,894,804,504.44 2,130,887,084.35 3,392,554,867.52 2,582,809,766.78 1,630,030,199.41 1,684,755,608.38 1,192,141,062.52 2,030,807,755.70 1,063,595,298.49 1,968,632,854.82 1,404,415,560.77 1,341,305,696.05 1,816,832,477.83 2,291,792,413.64 1,436,646,775.37 1,780,803,321.31 1,793,544,570.06 1,344,267,655.67 1,351,543,319.68 1,221,209,737.48 539,370,827.99 59,362,180,736.06

Source: Office of the Accountant-General of the Federation

(9,993,570.94) (9,993,570.94)

Deduction =N=

5 Exchange Gain Difference =N= 116,210,388.22 146,582,725.83 195,239,577.20 147,374,874.42 167,299,646.11 68,097,079.69 182,047,907.73 197,649,472.38 127,418,389.70 163,268,391.80 94,255,912.92 124,922,418.24 99,192,930.31 126,923,034.15 86,967,751.65 170,105,099.55 178,711,423.02 200,977,917.37 319,974,069.42 243,601,705.46 153,738,824.14 158,900,335.89 112,438,631.65 191,538,780.41 100,314,638.72 185,674,658.29 132,459,629.89 126,507,325.20 171,357,370.50 216,153,952.84 135,499,566.84 167,959,224.78 169,160,935.39 126,786,687.02 127,472,902.54 115,180,288.77 50,871,595.45 5,598,836,063.50

Value Added Tax =N= 335,938,162.46 408,550,307.24 547,787,190.23 439,418,226.90 444,669,012.65 169,946,939.83 460,080,921.84 505,122,842.75 370,337,980.10 543,111,278.98 255,882,008.64 374,456,638.53 304,123,749.00 377,589,735.28 238,525,185.00 501,153,525.70 532,148,821.41 548,564,261.93 981,485,968.71 689,907,252.24 397,417,269.66 402,203,200.69 302,151,885.03 2,929,042,026.15 246,139,462.45 481,175,151.83 430,680,458.41 367,177,008.20 517,122,145.27 690,168,546.18 342,790,096.98 575,668,495.67 441,111,325.13 299,952,518.00 305,344,771.30 332,265,964.27 1,002,713,592.66 19,091,923,927.31

=N= 1,684,280,013.45 2,109,290,033.68 2,813,072,565.70 2,149,348,931.13 2,385,778,735.91 960,049,648.28 2,572,308,723.85 2,798,369,251.54 1,848,721,711.97 2,437,447,998.67 1,339,501,444.60 1,823,880,629.08 1,455,018,959.92 1,850,226,058.28 1,247,576,622.05 2,474,813,783.73 2,605,664,748.87 2,880,429,263.66 4,694,014,905.65 3,516,318,724.49 2,181,186,293.22 2,245,859,144.96 1,606,731,579.19 5,151,388,562.26 1,410,049,399.66 2,635,482,664.94 1,967,555,649.07 1,834,990,029.46 2,505,311,993.60 3,198,114,912.66 1,914,936,439.20 2,524,431,041.76 2,403,816,830.58 1,771,006,860.69 1,784,360,993.53 1,668,655,990.52 1,592,956,016.10 84,042,947,155.93

Total Net Amount

8(4-5+6+7 ) S/n 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37

SUMMARY OF DISTRIBUTION OF REVENUE ALLOCATION TO LOCAL GOVERNMENT COUNCILS BY FEDERATION ACCOUNT ALLOCATION COMMITTEE FOR THE MONTH OF MAY, 2015 SHARED IN JUNE, 2015

FEDERAL MINISTRY OF FINANCE, ABUJA

NEW TELEGRAPH FRIDAY, JULY 3, 2015

FRIDAY, JULY 3, 2015 NEW TELEGRAPH

FEDERAL MINISTRY OF FINANCE, ABUJA

DISTRIBUTION DETAILS OF REVENUE ALLOCATION TO LOCAL GOVERNMENT COUNCILS BY FEDERATION ACCOUNT ALLOCATION COMMITTEE FOR THE MONTH OF MAY, 2015 SHARED IN JUNE, 2015 State

S/n

Local Government Councils

1 ABA NORTH 2 ABA SOUTH 3 AROCHUKWU 4 BENDE 5 IKWUANO 6 ISIALA NGWA NORTH 7 ISIALA NGWA SOUTH 8 ISUIKWUATO 9 NNEOCHI ABIA 10 OBIOMA NGWA 11 OHAFIA 12 OSISIOMA 13 UGWUNAGBO 14 UKWA EAST 15 UKWA WEST 16 UMUAHIA NORTH 17 UMUAHIA SOUTH ABIA TOTAL 1 DEMSA 2 FUFORE 3 GANYE 4 GIREI 5 GOMBI 6 GUYUK 7 HONG 8 JADA 9 YOLA-NORTH 10 LAMURDE 11 MADAGALI ADAMAWA 12 MAIHA 13 MAYO-BELWA 14 MICHIKA 15 MUBI NORTH 16 MUBI SOUTH 17 NUMAN 18 SHELLENG 19 SONG 20 TOUNGO 21 YOLA-SOUTH ADAMAWA TOTAL 1 ABAK 2 EASTERN OBOLO 3 EKET 4 EKPE ATAI 5 ESSIEN UDIM 6 ETIM EKPO 7 ETINAN 8 IBENO 9 IBESIKPO ASUTAN 10 IBIONO IBOM 11 IKA 12 IKONO 13 IKOT ABASI 14 IKOT EKPENE 15 INI 16 ITU AKWA IBOM 17 MBO 18 MKPAT ENIN 19 NSIT IBOM 20 NSIT UBIUM 21 OBAT AKARA 22 OKOBO 23 ONNA 24 ORON 25 ORUK ANAM 26 UDUNG UKO 27 UKANAFUN 28 UQUO 29 URUAN 30 URUE OFFONG/ORUK 31 UYO AKWA IBOM TOTAL 1 AGUATA 2 ANAMBRA EAST 3 ANAMBRA WEST 4 ANIOCHA 5 AWKA NORTH 6 AWKA SOUTH 7 AYAMELUM 8 DUNUKOFIA 9 EKWUSIGWO 10 IDEMILI NORTH 11 IDEMILI SOUTH ANAMBRA 12 IHIALA 13 NJIKOKA 14 NNEWI NORTH 15 NNEWI SOUTH 16 OGBARU 17 ONISHA NORTH 18 ONISHA SOUTH 19 ORUMBA NORTH 20 ORUMBA SOUTH 21 OYI ANAMBRA TOTAL

Gross Statutory Allocation =N= 63,123,103.08 105,312,674.39 74,099,061.34 75,498,918.15 68,718,802.06 70,968,760.11 68,858,705.97 67,141,532.06 72,436,151.78 73,508,037.22 80,386,918.50 77,398,312.25 59,103,058.46 55,844,317.34 58,150,291.95 86,683,333.19 74,899,484.92 1,232,131,462.77 76,811,865.80 93,837,015.28 79,902,245.39 69,955,567.12 69,223,540.50 74,009,939.97 80,614,569.29 84,329,564.29 73,320,360.36 65,648,740.41 66,713,799.27 65,317,104.29 75,736,586.66 73,422,135.40 70,062,383.21 65,271,866.15 62,031,575.85 70,271,563.38 88,452,075.21 75,784,045.29 73,440,457.48 1,554,157,000.61 70,520,200.69 55,062,065.47 72,697,525.31 55,730,910.37 74,893,192.23 65,277,853.52 74,036,455.00 59,321,639.85 68,844,815.62 74,899,972.23 57,645,092.66 68,183,786.17 68,203,010.11 70,341,259.00 64,263,633.46 65,616,407.10 61,249,015.61 76,096,058.67 63,496,526.83 66,808,933.16 69,490,994.08 59,729,328.21 62,369,037.94 63,883,435.85 75,268,839.28 56,068,263.31 68,796,216.95 56,088,229.90 73,148,056.03 60,526,415.37 91,488,628.31 2,070,045,798.27 102,904,370.26 67,675,770.61 69,619,229.79 84,148,420.98 63,907,988.08 73,572,345.01 68,184,966.81 60,965,832.55 67,713,985.30 107,125,965.72 74,452,675.55 91,025,870.99 66,880,781.43 66,312,692.76 79,589,751.87 76,050,260.09 63,709,111.70 66,014,243.04 71,289,777.32 72,143,452.10 69,268,337.87 1,562,555,829.81

Deduction =N=

Exchange Gain Difference Value Added Tax =N= =N= 5,953,553.28 17,337,934.34 9,932,728.08 30,283,232.43 6,988,767.79 19,904,292.10 7,120,797.46 20,800,622.76 6,481,320.30 18,586,168.39 6,693,528.58 19,230,274.35 6,494,515.56 18,453,959.11 6,332,557.64 17,622,485.06 6,831,927.90 19,647,402.62 6,933,024.44 20,363,935.21 7,581,816.79 22,970,680.02 7,299,941.76 21,926,754.52 5,574,396.54 16,320,278.84 5,267,043.33 15,348,329.87 5,484,534.89 16,563,214.94 8,175,672.89 21,968,819.26 7,064,260.98 18,609,778.65 116,210,388.22 335,938,162.46 7,244,630.15 20,657,346.94 8,850,383.51 21,763,632.98 7,536,104.09 19,995,932.24 6,597,967.72 18,600,921.74 6,528,925.49 19,273,384.56 6,980,362.17 20,556,440.68 7,603,288.02 20,202,123.08 7,953,673.53 20,175,402.97 6,915,323.40 21,393,725.24 6,191,762.68 17,897,442.31 6,292,215.36 18,798,642.34 6,160,483.91 17,832,462.94 7,143,213.53 19,547,541.85 6,924,922.47 19,636,458.84 6,608,042.24 19,463,371.47 6,156,217.20 18,557,629.44 5,850,604.20 16,993,950.82 6,627,771.39 19,381,410.72 8,342,494.54 21,166,624.79 7,147,689.67 15,411,081.20 6,926,650.55 21,244,780.08 146,582,725.83 408,550,307.24 6,651,222.01 18,187,430.12 5,193,264.03 14,973,365.53 6,856,579.75 19,556,866.24 5,256,347.17 15,548,359.30 7,063,667.48 20,379,788.23 6,156,781.91 16,809,605.59 6,982,862.98 19,422,938.36 5,595,012.39 15,580,480.71 6,493,205.47 18,106,042.23 7,064,306.95 20,255,885.50 5,436,886.24 15,480,597.43 6,430,859.45 17,893,386.19 6,432,672.59 17,898,255.55 6,634,344.84 18,350,574.16 6,061,124.17 16,555,007.58 6,188,713.11 17,694,069.75 5,776,795.82 16,752,073.48 7,177,117.69 19,781,061.44 5,988,773.32 16,940,259.95 6,301,188.06 17,743,090.71 6,554,150.79 18,563,516.63 5,633,464.15 16,753,914.83 5,882,432.46 17,544,306.21 6,025,265.25 16,074,823.13 7,099,097.21 19,560,835.39 5,288,165.14 14,676,089.00 6,488,621.81 17,694,069.75 5,290,048.32 15,102,587.72 6,899,072.25 17,336,724.13 5,708,642.66 15,407,761.62 8,628,891.75 25,163,423.76 195,239,577.20 547,787,190.23 9,705,585.14 27,922,956.39 6,382,945.17 19,050,039.80 6,566,245.54 19,626,383.89 7,936,588.72 24,437,885.27 6,027,580.93 17,383,695.41 6,939,089.73 20,511,584.59 6,430,970.80 19,257,867.39 5,750,086.97 16,719,743.74 6,386,549.45 19,250,542.89 10,103,751.46 30,403,097.82 7,022,119.47 21,274,069.21 8,585,246.08 25,139,891.61 6,307,964.54 18,850,927.95 6,254,384.38 19,223,454.51 7,506,630.78 22,336,940.20 7,172,798.13 21,854,955.32 6,008,823.59 17,888,390.34 6,226,235.63 18,367,961.01 6,723,805.82 19,830,528.78 6,804,321.48 20,435,843.53 6,533,150.62 19,651,467.24 147,374,874.42 439,418,226.90

Source: Office of the Accountant-General of the Federation

Total Allocation =N= 86,414,590.70 145,528,634.90 100,992,121.23 103,420,338.37 93,786,290.75 96,892,563.04 93,807,180.63 91,096,574.76 98,915,482.31 100,804,996.86 110,939,415.31 106,625,008.54 80,997,733.85 76,459,690.53 80,198,041.78 116,827,825.34 100,573,524.56 1,684,280,013.45 104,713,842.88 124,451,031.77 107,434,281.73 95,154,456.57 95,025,850.56 101,546,742.83 108,419,980.39 112,458,640.79 101,629,409.00 89,737,945.40 91,804,656.97 89,310,051.14 102,427,342.05 99,983,516.71 96,133,796.92 89,985,712.79 84,876,130.87 96,280,745.49 117,961,194.54 98,342,816.16 101,611,888.11 2,109,290,033.68 95,358,852.81 75,228,695.03 99,110,971.31 76,535,616.84 102,336,647.93 88,244,241.02 100,442,256.34 80,497,132.95 93,444,063.31 102,220,164.67 78,562,576.33 92,508,031.81 92,533,938.25 95,326,178.01 86,879,765.22 89,499,189.96 83,777,884.91 103,054,237.80 86,425,560.11 90,853,211.93 94,608,661.50 82,116,707.19 85,795,776.61 85,983,524.23 101,928,771.88 76,032,517.44 92,978,908.51 76,480,865.94 97,383,852.42 81,642,819.64 125,280,943.83 2,813,072,565.70 140,532,911.79 93,108,755.58 95,811,859.22 116,522,894.97 87,319,264.42 101,023,019.32 93,873,805.00 83,435,663.27 93,351,077.64 147,632,815.00 102,748,864.22 124,751,008.68 92,039,673.92 91,790,531.65 109,433,322.86 105,078,013.54 87,606,325.64 90,608,439.67 97,844,111.91 99,383,617.10 95,452,955.73 2,149,348,931.13

State

S/n

Local Government Councils

1 ALKALERI 2 BAUCHI 3 BOGORO 4 DAMBAN 5 DARAZO 6 DASS 7 GAMAWA 8 GANJUWA 9 GIADE 10 I/GADAU BAUCHI 11 JAMA'ARE 12 KATAGUM 13 KIRFI 14 MISAU 15 NINGI 16 SHIRA 17 TAFAWA BALEWA 18 TORO 19 WARJI 20 ZAKI BAUCHI TOTAL 1 BRASS 2 EKERMOR 3 KOLOKUMA/OPOKUMA 4 NEMBE BAYELSA 5 OGBIA 6 SAGBAMA 7 SOUTHERN IJAW 8 YENAGOA BAYELSA TOTAL 1 ADO 2 AGATU 3 APA 4 BURUKU 5 GBOKO 6 GUMA 7 GWER EAST 8 GWER WEST 9 KATSINA ALA 10 KONSHISHA 11 KWANDE 12 LOGO BENUE 13 MAKURDI 14 OBI 15 OGBADIBO 16 OHIMINI 17 OJU 18 OKPOKWU 19 OTUKPO 20 TARKA 21 UKUM 22 USHONGO 23 VANDEIKYA BENUE TOTAL 1 ABADAN 2 ASKIRA UBA 3 BAMA 4 BAYO 5 BIU 6 CHIBOK 7 DAMBOA 8 DIKWA 9 GUBIO 10 GUZAMALA 11 GWOZA 12 HAWUL 13 JERE 14 KAGA BORNO 15 KALA BALGE 16 KONDUGA 17 KUKAWA 18 KWAYA KUSAR 19 MAFA 20 MAGUMERI 21 MAIDUGURI METRO 22 MARTE 23 MOBBAR 24 MONGUNO 25 NGALA 26 NGANZAI 27 SHANI BORNO TOTAL 1 ABI 2 AKAMKPA 3 AKPABUYO 4 BAKASSI 5 BEKWARA 6 BIASE 7 BOKI 8 CALABAR MUNICIPAL 9 CALABAR SOUTH CROSS RIVER 10 ETUNG 11 IKOM 12 OBANLIKU 13 OBUBRA 14 OBUDU 15 ODUKPANI 16 OGAJA 17 YAKURR 18 YALA CROSS RIVER TOTAL

Gross Statutory Allocation =N=

116,793,906.24 141,040,942.68 61,683,757.92 72,900,123.58 92,476,809.00 61,236,733.77 97,695,365.51 98,620,624.24 69,368,693.42 79,447,399.02 61,473,885.30 95,198,717.23 78,296,401.70 91,425,578.02 117,159,856.07 87,832,417.46 86,389,917.26 121,490,980.21 67,616,775.63 75,661,192.88 1,773,810,077.15 85,918,902.75 98,635,345.82 65,641,927.42 80,939,462.03 85,060,317.96 83,627,496.83 115,537,107.20 106,645,068.76 722,005,628.76 84,976,761.71 74,979,134.56 72,602,094.08 86,068,833.54 111,703,945.42 91,263,523.46 86,571,971.32 74,395,840.15 93,981,134.17 88,916,807.06 101,803,809.80 78,179,329.58 93,911,750.33 69,372,985.74 72,877,789.44 66,473,431.64 84,109,197.84 78,818,865.18 92,311,399.51 63,978,977.11 87,479,948.51 85,180,812.00 90,221,552.12 1,930,179,894.28 75,768,035.49 73,264,922.38 102,787,512.17 59,208,714.99 81,949,671.86 59,036,168.73 98,963,772.31 65,490,813.59 77,780,271.91 66,296,952.37 95,520,487.84 67,649,134.93 78,051,344.96 68,993,322.23 63,493,143.55 93,035,226.91 95,882,258.76 53,387,288.62 71,923,062.10 85,113,149.98 123,945,084.72 77,398,635.61 72,075,101.56 70,352,132.82 80,459,539.17 69,939,376.69 67,831,810.18 2,095,596,936.41 71,910,727.90 90,390,912.58 86,530,720.71 55,831,136.22 66,694,289.33 76,726,832.90 87,963,268.08 69,680,449.39 74,270,770.22 58,156,907.52 79,354,280.27 68,481,142.42 75,476,566.35 71,456,414.12 81,052,667.21 76,175,602.65 76,475,904.14 84,336,750.15 1,350,965,342.18

Deduction =N=

Exchange Gain Difference =n=

11,015,598.25 13,302,495.07 5,817,799.21 6,875,688.12 8,722,093.54 5,775,637.44 9,214,289.79 9,301,557.00 6,542,615.81 7,493,204.55 5,798,004.75 8,978,814.54 7,384,646.45 8,622,945.06 11,050,113.38 8,284,050.56 8,147,998.92 11,458,610.06 6,377,380.97 7,136,102.65 167,299,646.11 8,103,574.45 9,302,945.49 6,191,120.10 7,633,930.78 8,022,595.70 7,887,456.95 10,897,061.30 10,058,394.92 68,097,079.69 8,014,714.96 7,071,773.26 6,847,579.01 8,117,715.41 10,535,530.71 8,607,660.64 8,165,169.63 7,016,758.95 8,863,976.30 8,386,326.44 9,601,784.08 7,373,604.62 8,857,432.26 6,543,020.65 6,873,581.64 6,269,544.71 7,932,889.33 7,433,923.41 8,706,492.69 6,034,276.37 8,250,806.90 8,033,960.28 8,509,385.49 182,047,907.73 7,146,179.68 6,910,094.68 9,694,563.49 5,584,361.70 7,729,210.29 5,568,087.74 9,333,921.54 6,176,867.57 7,335,966.87 6,252,899.80 9,009,162.83 6,380,432.99 7,361,533.55 6,507,212.10 5,988,454.22 8,774,761.59 9,043,283.81 5,035,304.85 6,783,535.05 8,027,578.63 11,690,072.73 7,299,972.25 6,797,874.89 6,635,370.42 7,588,666.12 6,596,440.69 6,397,662.29 197,649,472.38 6,782,371.73 8,525,358.99 8,161,279.01 5,265,800.13 6,290,375.25 7,236,610.14 8,296,391.94 6,572,019.56 7,004,962.78 5,485,158.85 7,484,421.91 6,458,905.07 7,118,689.31 6,739,522.43 7,644,607.91 7,184,620.01 7,212,943.41 7,954,351.28 127,418,389.70

Value Added Tax =N=

26,206,716.09 32,933,226.61 16,173,009.35 18,902,592.99 23,022,113.18 16,407,393.37 24,445,726.07 22,975,915.63 19,150,030.18 22,138,221.89 17,550,670.20 24,837,811.91 18,767,396.62 23,508,640.08 28,570,524.81 22,302,634.43 21,728,704.55 27,065,196.68 17,421,243.40 20,561,244.60 444,669,012.65 20,102,924.30 23,589,550.33 15,693,615.76 17,888,469.93 19,893,296.27 20,188,731.44 25,600,964.63 26,989,387.18 169,946,939.83 19,816,788.94 17,224,202.10 16,456,643.53 20,833,175.95 27,184,418.32 20,337,155.84 19,193,387.99 17,495,167.71 21,692,352.16 21,731,388.89 22,673,548.83 19,415,005.29 24,666,344.98 16,542,164.23 17,763,678.18 15,422,088.48 19,463,003.28 19,725,334.98 23,204,227.32 15,749,931.50 21,373,675.00 20,203,841.75 21,913,396.59 460,080,921.84 16,516,309.06 18,067,589.22 23,464,600.55 15,648,744.45 19,621,733.71 15,121,994.18 21,892,779.05 16,750,734.00 18,668,566.55 16,330,864.16 23,723,454.13 17,340,172.18 21,059,299.97 16,100,367.44 14,904,796.14 18,823,485.88 20,758,954.52 14,728,967.20 16,652,896.68 18,155,155.88 33,755,974.23 17,710,734.63 17,190,408.65 16,912,036.70 22,117,751.71 16,500,718.92 16,603,752.96 505,122,842.75 19,932,063.08 20,190,793.91 25,112,121.88 15,332,072.01 18,337,040.51 20,929,709.18 21,623,613.56 21,347,451.24 21,848,217.95 17,288,450.25 20,651,459.99 18,521,257.84 21,063,146.04 20,558,287.43 21,881,526.01 21,040,927.02 22,045,447.52 22,634,394.67 370,337,980.10

Total Allocation =N=

154,016,220.59 187,276,664.36 83,674,566.48 98,678,404.69 124,221,015.72 83,419,764.58 131,355,381.37 130,898,096.87 95,061,339.41 109,078,825.46 84,822,560.24 129,015,343.68 104,448,444.78 123,557,163.16 156,780,494.26 118,419,102.44 116,266,620.74 160,014,786.95 91,415,400.01 103,358,540.14 2,385,778,735.91 114,125,401.50 131,527,841.64 87,526,663.28 106,461,862.74 112,976,209.92 111,703,685.22 152,035,133.13 143,692,850.85 960,049,648.28 112,808,265.61 99,275,109.93 95,906,316.62 115,019,724.89 149,423,894.46 120,208,339.95 113,930,528.93 98,907,766.81 124,537,462.63 119,034,522.38 134,079,142.71 104,967,939.49 127,435,527.57 92,458,170.63 97,515,049.27 88,165,064.83 111,505,090.44 105,978,123.56 124,222,119.52 85,763,184.98 117,104,430.41 113,418,614.03 120,644,334.20 2,572,308,723.85 99,430,524.23 98,242,606.28 135,946,676.20 80,441,821.14 109,300,615.86 79,726,250.64 130,190,472.90 88,418,415.16 103,784,805.34 88,880,716.33 128,253,104.81 91,369,740.10 106,472,178.47 91,600,901.76 84,386,393.91 120,633,474.38 125,684,497.09 73,151,560.67 95,359,493.83 111,295,884.49 169,391,131.68 102,409,342.49 96,063,385.10 93,899,539.94 110,165,956.99 93,036,536.30 90,833,225.43 2,798,369,251.54 98,625,162.71 119,107,065.48 119,804,121.60 76,429,008.36 91,321,705.09 104,893,152.23 117,883,273.58 97,599,920.19 103,123,950.95 80,930,516.62 107,490,162.17 93,461,305.33 103,658,401.71 98,754,223.98 110,578,801.13 104,401,149.68 105,734,295.07 114,925,496.10 1,848,721,711.97

NEW TELEGRAPH FRIDAY, JULY 3, 2015

FEDERAL MINISTRY OF FINANCE, ABUJA

DISTRIBUTION DETAILS OF REVENUE ALLOCATION TO LOCAL GOVERNMENT COUNCILS BY FEDERATION ACCOUNT ALLOCATION COMMITTEE FOR THE MONTH OF MAY, 2015 SHARED IN JUNE, 2015 State

DELTA

EBONYI

EDO

EKITI

S/n

Local Government Councils

1 ANIOCHA NORTH 2 ANIOCHA SOUTH 3 BOMADI 4 BURUTU 5 ETHIOPE EAST 6 ETHIOPE WEST 7 IKA NORTH EAST 8 IKA SOUTH 9 ISOKO NORTH 10 ISOKO SOUTH 11 NDOKWA EAST 12 NDOKWA WEST 13 OKPE 14 OSHIMILI NORTH 15 OSHIMILI SOUTH 16 PATANI 17 SAPELE 18 UDU 19 UGHELLI NORTH 20 UGHELLI SOUTH 21 UKWUANI 22 UVWIE 23 WARRI SOUTH 24 WARRI NORTH 25 WARRI SOUTH-WEST DELTA TOTAL 1 ABAKALIKI 2 AFIKPO NORTH 3 AFIKPO SOUTH EDDA 4 EBONYI 5 EZZA NORTH 6 EZZA SOUTH 7 IKWO 8 ISHIELU 9 IVO 10 IZZI 11 OHAOZARA 12 OHAUKWU 13 ONICHA EBONYI TOTAL 1 AKOKO EDO 2 EGOR 3 ESAN CENTRAL 4 ESAN NORTH EAST 5 ESAN SOUTH EAST 6 ESAN WEST 7 ETSAKO CENTRAL 8 ETSAKO EAST 9 ETSAKO WEST 10 IGUEBEN 11 IKPOBA OKHA 12 OREDO 13 ORHIONWON 14 OVIA NORTH EAST 15 OVIA SOUTH WEST 16 OWAN EAST 17 OWAN WEST 18 UHUNMWODE EDO TOTAL 1 ADO EKITI 2 AIYEKIRE 3 EFON 4 EKITI EAST 5 EKITI SOUTH WEST 6 EKITI WEST 7 EMURE 8 IDO-OSI 9 IJERO 10 IKERE 11 IKOLE 12 ILEJEMEJI 13 IREPODUN/IFELODUN 14 ISE/ORUN 15 MOBA 16 OYE EKITI TOTAL

Gross Statutory Allocation =N= 59,057,752.74 64,370,607.25 55,026,261.44 79,082,687.52 71,952,957.12 73,704,344.33 78,140,205.18 73,492,006.15 69,150,561.89 77,325,762.29 64,977,472.98 67,014,436.49 61,383,777.59 60,117,126.41 65,234,016.13 53,873,028.99 67,857,244.82 71,344,865.21 93,174,317.37 73,860,721.14 58,578,111.02 68,828,500.46 85,534,035.24 70,389,498.66 67,598,029.47 1,731,068,327.89 76,762,089.63 72,079,481.54 72,699,985.93 70,103,100.78 69,875,612.36 72,628,150.80 84,860,461.41 75,167,135.81 68,008,249.18 94,463,163.92 73,283,111.99 80,862,284.82 88,564,265.81 999,357,093.99 91,948,530.12 87,331,095.76 57,788,585.62 59,495,051.54 71,236,096.76 60,548,106.91 60,603,798.02 70,305,458.12 77,379,786.04 56,305,149.40 96,613,357.03 99,430,514.93 77,934,360.41 74,324,067.65 81,118,604.44 71,157,867.17 58,359,113.40 72,622,029.00 1,324,501,572.32 85,332,429.34 64,932,212.51 61,911,951.65 63,927,451.19 67,711,628.41 69,025,793.61 56,877,682.55 70,068,754.90 74,970,782.65 65,465,956.95 70,157,567.05 49,233,794.37 62,400,512.09 60,892,737.25 65,308,282.08 63,484,744.01 1,051,702,280.61

Deduction =N=

(767,620.90) (720,794.82) (726,999.86) (701,031.01) (698,756.12) (726,281.51) (848,604.61) (751,671.36) (680,082.49) (944,631.64) (732,831.12) (808,622.85) (885,642.66) (9,993,570.94) -

Exchange Gain Difference Value Added Tax =n= =N= 5,570,123.47 19,301,038.19 6,071,213.57 20,769,743.81 5,189,887.12 18,561,754.65 7,458,806.22 23,595,691.70 6,786,354.65 23,232,576.50 6,951,539.45 23,347,149.70 7,369,914.54 22,531,429.46 6,931,512.44 21,669,552.59 6,522,042.40 20,915,047.18 7,293,099.09 24,334,115.95 6,128,451.05 19,238,022.94 6,320,570.42 21,126,598.40 5,789,506.10 20,337,025.40 5,670,039.93 19,734,984.17 6,152,647.32 21,137,973.88 5,081,118.21 17,786,871.57 6,400,061.20 22,049,853.77 6,729,001.52 20,882,557.49 8,787,880.13 28,152,513.23 6,966,288.37 23,755,684.98 5,524,885.31 19,942,607.17 6,491,666.68 22,851,211.44 8,067,275.08 27,431,888.74 6,638,894.64 20,634,547.44 6,375,612.90 19,790,838.61 163,268,391.80 543,111,278.98 7,239,935.43 19,050,239.71 6,798,288.00 19,250,251.77 6,856,811.83 19,269,115.43 6,611,882.58 18,031,929.50 6,590,426.66 18,800,470.14 6,850,036.59 18,292,501.69 8,003,745.92 21,623,267.26 7,089,504.89 19,022,619.38 6,414,303.41 17,789,770.87 8,909,439.68 22,419,878.33 6,911,810.27 18,923,513.57 7,626,651.70 20,875,799.91 8,353,075.97 22,532,651.09 94,255,912.92 255,882,008.64 8,672,268.10 24,212,262.95 8,236,767.62 27,395,310.93 5,450,420.00 17,796,163.96 5,611,367.98 18,370,503.02 6,718,742.85 20,349,959.58 5,710,688.53 18,636,312.84 5,715,941.12 17,356,898.51 6,630,968.23 19,460,994.34 7,298,194.43 21,572,946.61 5,310,507.42 16,336,542.35 9,112,238.48 28,672,270.12 9,377,943.09 28,818,146.36 7,350,499.97 20,963,580.89 7,009,989.61 19,782,331.23 7,650,826.88 19,025,616.19 6,711,364.51 19,804,263.82 5,504,230.21 17,472,003.65 6,849,459.20 18,430,531.19 124,922,418.24 374,456,638.53 8,048,260.30 25,538,723.62 6,124,182.24 18,974,170.50 5,839,321.66 16,467,800.00 6,029,416.62 18,555,241.80 6,386,327.16 19,673,230.68 6,510,274.69 20,271,261.84 5,364,506.77 16,751,900.61 6,608,643.20 19,421,046.89 7,070,985.54 21,969,932.23 6,174,523.18 18,939,880.38 6,617,019.65 19,802,493.79 4,643,561.61 14,691,465.35 5,885,400.99 18,194,909.09 5,743,192.87 17,564,961.11 6,159,651.83 18,904,730.96 5,987,662.01 18,402,000.15 99,192,930.31 304,123,749.00

Source: Office of the Accountant-General of the Federation

Total Allocation =N= 83,928,914.40 91,211,564.64 78,777,903.21 110,137,185.44 101,971,888.27 104,003,033.48 108,041,549.18 102,093,071.18 96,587,651.47 108,952,977.33 90,343,946.96 94,461,605.32 87,510,309.09 85,522,150.52 92,524,637.32 76,741,018.77 96,307,159.78 98,956,424.22 130,114,710.73 104,582,694.50 84,045,603.50 98,171,378.58 121,033,199.06 97,662,940.75 93,764,480.98 2,437,447,998.67 102,284,643.87 97,407,226.50 98,098,913.33 94,045,881.86 94,567,753.04 97,044,407.56 113,638,869.97 100,527,588.72 91,532,240.97 124,847,850.29 98,385,604.70 108,556,113.58 118,564,350.21 1,339,501,444.60 124,833,061.17 122,963,174.32 81,035,169.57 83,476,922.54 98,304,799.19 84,895,108.27 83,676,637.65 96,397,420.68 106,250,927.08 77,952,199.17 134,397,865.64 137,626,604.37 106,248,441.27 101,116,388.49 107,795,047.51 97,673,495.49 81,335,347.26 97,902,019.39 1,823,880,629.08 118,919,413.26 90,030,565.26 84,219,073.30 88,512,109.61 93,771,186.25 95,807,330.14 78,994,089.92 96,098,444.99 104,011,700.43 90,580,360.51 96,577,080.49 68,568,821.32 86,480,822.18 84,200,891.23 90,372,664.87 87,874,406.16 1,455,018,959.92

State

ENUGU

GOMBE

IMO

JIGAWA

S/n

Local Government Councils

1 AGWU 2 ANINRI 3 ENUGU EAST 4 ENUGU NORTH 5 ENUGU SOUTH 6 EZEAGU 7 IGBO ETITI 8 IGBO EZE NORTH 9 IGBO EZE SOUTH 10 ISI UZO 11 NKANU EAST 12 NKANU WEST 13 NSUKKA 14 OJI RIVER 15 UDENU 16 UDI 17 UZO UWANI ENUGU TOTAL 1 AKKO 2 BALANGA 3 BILLIRE 4 DUKKU 5 FUNAKAYE 6 GOMBE 7 KALTUNGO 8 KWAMI 9 NAFADA 10 SHOMGOM 11 YAMALTU/DEBA GOMBE TOTAL 1 ABOH MBAISE 2 AHIAZU MBAISE 3 EHIME MBANO 4 EZINIHITTE MBAISE 5 IDEATO NORTH 6 IDEATO SOUTH 7 IHITTE UBOMA 8 IKEDURU 9 ISIALA MBANO 10 ISU 11 MBAITOLI 12 NGOR/OKPALA 13 NJABA 14 NKWANGELE 15 NKWERRE 16 OBOWO 17 OGUTA 18 OHAJI/EGBEMA 19 OKIGWE 20 ONUIMO 21 ORLU 22 ORSU 23 ORU 24 ORU WEST 25 OWERRI MUNICIPAL 26 OWERRI NORTH 27 OWERRI WEST IMO TOTAL 1 AUYO 2 BABURA 3 BIRNIN KUDU 4 BIRNIWA 5 GAGARAWA 6 BUJI 7 DUTSE 8 GARKI 9 GUMEL 10 GURI 11 GWARAM 12 GWIWA 13 HADEJIA 14 JAHUN 15 KAFIN HAUSA 16 KAUGAMA 17 KAZAURE 18 KIRI-KASAMMA 19 KIYAWA 20 MAIGATARI 21 MALAM MADORI 22 MIGA 23 RINGIM 24 RONI 25 SULE TAKARKAR 26 TAURA 27 YANKWASHI JIGAWA TOTAL

Gross Statutory Allocation =N=

79,525,574.44 67,006,011.74 90,699,738.80 85,261,086.26 82,437,651.51 79,261,187.04 80,028,904.19 86,616,665.73 78,814,786.11 73,705,027.21 77,164,209.05 74,921,037.54 97,032,544.61 66,577,974.20 73,691,050.58 83,675,205.35 69,294,634.49 1,345,713,288.85 110,560,809.60 80,292,852.57 80,812,992.01 88,056,659.57 85,647,152.69 93,258,869.60 73,123,571.56 78,438,499.97 71,511,010.04 67,819,140.18 92,562,127.61 922,083,685.40 72,355,461.12 68,090,136.09 62,553,698.38 66,530,683.70 71,341,271.89 71,580,156.23 64,068,015.11 67,861,297.10 76,349,447.67 67,482,226.18 83,236,493.79 70,692,369.87 63,861,656.61 62,147,793.82 55,363,832.87 60,013,671.76 70,453,897.94 76,258,054.16 66,813,214.10 59,356,542.41 65,284,040.36 63,507,211.93 61,427,862.43 63,546,314.90 64,128,264.25 68,221,572.42 61,029,971.40 1,803,555,158.48 63,732,267.27 75,376,868.47 93,544,749.45 70,755,667.73 60,714,535.19 59,559,346.71 83,604,971.49 70,167,061.12 61,461,688.94 64,930,928.88 90,322,689.52 66,781,304.03 56,374,306.13 77,484,684.84 87,150,434.11 63,872,876.16 67,589,610.80 70,494,782.48 72,831,444.23 73,461,194.81 68,818,409.76 63,124,313.89 77,467,325.70 57,287,742.46 71,902,957.72 65,395,375.62 60,596,966.93 1,894,804,504.44

Deduction =N=

Exchange Gain Difference =n=

7,500,577.79 6,319,775.83 8,554,486.41 8,041,531.47 7,775,234.85 7,475,641.68 7,548,050.11 8,169,385.05 7,433,538.68 6,951,603.85 7,277,861.95 7,066,293.75 9,151,774.81 6,279,404.81 6,950,285.63 7,891,956.66 6,535,630.83 126,923,034.15 10,427,714.08 7,572,944.81 7,622,002.57 8,305,200.30 8,077,943.92 8,795,854.80 6,896,762.96 7,398,048.67 6,744,671.73 6,396,467.30 8,730,140.50 86,967,751.65 6,824,317.44 6,422,026.70 5,899,849.00 6,274,944.53 6,728,662.61 6,751,193.35 6,042,674.12 6,400,443.39 7,201,016.47 6,364,690.73 7,850,578.90 6,667,460.41 6,023,211.10 5,861,565.48 5,221,725.69 5,660,282.45 6,644,968.56 7,192,396.55 6,301,591.82 5,598,304.28 6,157,365.43 5,989,781.10 5,793,664.03 5,993,469.16 6,048,356.62 6,434,423.32 5,756,136.32 170,105,099.55 6,011,007.55 7,109,286.15 8,822,818.00 6,673,430.44 5,726,385.47 5,617,432.08 7,885,332.44 6,617,915.10 5,796,854.43 6,124,061.17 8,518,924.43 6,298,582.17 5,317,030.04 7,308,088.12 8,219,728.24 6,024,269.29 6,374,818.88 6,648,824.65 6,869,210.52 6,928,606.42 6,490,714.96 5,953,667.48 7,306,450.87 5,403,182.20 6,781,638.88 6,167,866.19 5,715,296.84 178,711,423.02

Value Added Tax =N=

22,478,289.75 19,842,656.13 25,790,887.29 24,389,943.53 22,502,391.04 21,315,535.48 22,933,063.50 24,986,501.61 20,399,359.10 20,443,838.06 20,458,527.98 20,373,457.38 27,040,717.18 19,550,658.15 21,673,494.88 23,945,972.39 19,464,441.82 377,589,735.28 26,752,498.58 21,625,184.37 21,199,422.19 21,405,899.46 22,588,335.76 23,894,183.76 19,057,762.72 20,919,290.72 18,582,283.95 19,127,938.80 23,372,384.69 238,525,185.00 20,603,713.51 19,590,968.29 17,955,395.00 19,373,729.33 19,079,644.49 19,139,918.17 17,538,553.16 18,707,690.79 20,729,907.70 19,327,695.46 22,318,342.31 19,142,086.88 18,535,585.48 17,854,775.18 15,877,569.17 17,430,936.19 18,449,573.75 20,067,101.76 18,008,835.21 16,658,917.44 18,437,666.32 17,508,232.18 17,173,473.85 17,405,484.58 17,803,258.16 19,774,817.36 16,659,653.99 501,153,525.70 18,520,106.48 21,634,042.27 25,941,667.10 18,942,717.89 16,408,399.71 17,103,081.55 23,190,682.82 19,347,979.66 17,503,678.55 17,825,179.12 24,272,540.23 18,213,868.69 17,440,949.72 22,493,054.81 24,210,179.67 18,354,589.13 19,726,930.50 20,955,687.11 20,194,184.55 20,472,515.58 19,723,616.06 18,373,739.22 20,976,187.53 16,303,033.29 18,472,967.79 18,510,122.24 17,037,120.13 532,148,821.41

Total Allocation =N=

109,504,441.97 93,168,443.69 125,045,112.50 117,692,561.26 112,715,277.40 108,052,364.21 110,510,017.80 119,772,552.39 106,647,683.90 101,100,469.12 104,900,598.98 102,360,788.67 133,225,036.60 92,408,037.16 102,314,831.09 115,513,134.40 95,294,707.14 1,850,226,058.28 147,741,022.26 109,490,981.75 109,634,416.77 117,767,759.33 116,313,432.37 125,948,908.16 99,078,097.24 106,755,839.36 96,837,965.72 93,343,546.27 124,664,652.80 1,247,576,622.05 99,783,492.07 94,103,131.08 86,408,942.37 92,179,357.56 97,149,578.98 97,471,267.75 87,649,242.39 92,969,431.28 104,280,371.85 93,174,612.36 113,405,415.00 96,501,917.15 88,420,453.19 85,864,134.48 76,463,127.73 83,104,890.40 95,548,440.24 103,517,552.47 91,123,641.14 81,613,764.14 89,879,072.11 87,005,225.22 84,395,000.31 86,945,268.63 87,979,879.03 94,430,813.09 83,445,761.71 2,474,813,783.73 88,263,381.29 104,120,196.89 128,309,234.55 96,371,816.07 82,849,320.37 82,279,860.34 114,680,986.75 96,132,955.87 84,762,221.93 88,880,169.18 123,114,154.17 91,293,754.89 79,132,285.89 107,285,827.78 119,580,342.03 88,251,734.58 93,691,360.18 98,099,294.24 99,894,839.30 100,862,316.81 95,032,740.78 87,451,720.59 105,749,964.10 78,993,957.95 97,157,564.39 90,073,364.05 83,349,383.90 2,605,664,748.87

FRIDAY, JULY 3, 2015 NEW TELEGRAPH

FEDERAL MINISTRY OF FINANCE, ABUJA

DISTRIBUTION DETAILS OF REVENUE ALLOCATION TO LOCAL GOVERNMENT COUNCILS BY FEDERATION ACCOUNT ALLOCATION COMMITTEE FOR THE MONTH OF MAY, 2015 SHARED IN JUNE, 2015 State

S/n

Local Government Councils

1 BIRNIN GWARI 2 CHIKUN 3 GIWA 4 GWAGWADA 5 IGABI 6 IKARA 7 JABA 8 JEMA'A 9 KACHIA 10 KADUNA NORTH 11 KADUNA SOUTH 12 KAGARKO KADUNA 13 KAURA 14 KAURU 15 KUBAU 16 KUDAN 17 LERE 18 MAKARFI 19 SABON GARI 20 SANGA 21 SOBA 22 ZANGON KATAF 23 ZARIA KADUNA TOTAL 1 AJINGI 2 ALBASU 3 BAGWAI 4 BEBEJI 5 BICHI 6 BUNKURE 7 DALA 8 DANBATTA 9 DAWAKIN KUDU 10 DAWAKIN TOFA 11 DOGUWA 12 FAGGE 13 GABASAWA KANO 14 GARKO 15 GARUN MALLAM 16 GAYA 17 GEZAWA 18 GWALE 19 GWARZO 20 KABO 21 KANO MUNICIPAL 22 KARAYE 23 KIBIYA 24 KIRU 25 KUMBOTSO 26 KUNCHI 27 KURA 28 MADOBI 29 MAKODA 30 MINJIBIR 31 NASSARAWA 32 RANO 33 RIMIN GADO 34 ROGO 35 SHANONO 19 KANO 36 SUMAILA 37 TAKAI 38 TARAUNI 39 TOFA 40 TSANYAWA 41 TUDUN WADA 42 UNGOGO 43 WARAWA 44 WUDIL KANO TOTAL 1 BAKORI 2 BATAGARAWA 3 BATSARI 4 BAURE 5 BINDAWA 6 CHARANCHI 7 DAN-MUSA 8 DANDUME 9 DANJA 10 DAURA 11 DUTSI 12 DUTSINMA 13 FASKARI 14 FUNTUA 15 INGAWA 16 JIBIA 17 KAFUR 20 KATSINA 18 KAITA 19 KANKARA 20 KANKIA 21 KATSINA 22 KURFI 23 KUSADA 24 MAIADUA 25 MALUMFASHI 26 MANI 27 MASHI 28 MATAZU 29 MUSAWA 30 RIMI 31 SABUWA 32 SAFANA 33 SANDAMU 34 ZANGO KATSINA TOTAL

Gross Statutory Allocation =N=

113,454,992.30 115,364,024.52 95,472,943.02 73,512,800.28 120,851,725.03 80,959,754.34 70,596,746.55 94,065,536.02 103,764,071.14 98,026,010.65 104,658,100.37 90,442,816.02 78,356,734.31 80,681,717.24 93,396,985.96 72,441,836.12 100,797,239.85 67,797,646.65 89,458,908.29 75,004,769.97 95,603,720.19 106,961,288.64 109,216,716.89 2,130,887,084.35 70,086,564.74 71,787,061.39 65,455,656.82 71,010,338.45 86,066,867.80 68,569,896.96 110,679,272.00 75,407,535.27 81,060,173.30 81,627,895.79 75,657,777.96 74,120,707.80 77,445,660.22 69,081,876.45 68,721,390.51 74,272,076.57 84,813,562.72 101,968,943.73 70,106,167.76 67,551,961.82 98,423,906.39 65,504,933.67 66,107,896.52 85,287,140.71 87,144,546.53 66,824,165.97 65,443,157.55 65,502,398.17 77,631,212.04 78,238,519.28 135,272,326.41 67,754,921.46 67,055,084.14 80,266,634.02 66,227,709.64 83,823,273.28 73,610,271.83 76,543,908.54 60,259,461.55 66,438,196.36 81,920,655.60 95,779,311.16 62,505,767.31 73,498,081.32 3,392,554,867.52 74,684,805.95 76,958,314.00 83,723,375.19 78,498,990.78 73,413,684.60 68,670,039.01 68,894,763.94 73,765,613.98 69,188,638.74 83,420,295.43 68,848,196.86 76,467,760.02 83,332,522.94 83,137,674.31 72,600,422.38 81,789,842.79 84,430,524.10 80,823,224.40 88,631,884.25 70,579,562.94 97,206,711.49 68,398,820.35 64,618,753.53 78,607,745.10 78,224,145.82 74,201,223.82 75,759,618.19 63,813,431.08 76,356,807.60 68,878,436.31 71,364,097.98 76,572,212.14 74,212,897.87 72,734,728.91 2,582,809,766.78

Deduction =N=

Exchange Gain Difference =n=

10,700,683.41 10,880,736.74 9,004,678.57 6,933,473.67 11,398,317.72 7,635,844.69 6,658,441.55 8,871,936.79 9,786,669.16 9,245,475.09 9,870,990.91 8,530,254.34 7,390,336.82 7,609,621.19 8,808,881.46 6,832,464.03 9,506,847.87 6,394,440.10 8,437,455.56 7,074,191.11 9,017,013.02 10,088,219.69 10,300,943.90 200,977,917.37 6,610,322.96 6,770,707.94 6,173,551.70 6,697,450.11 8,117,530.01 6,467,276.09 10,438,887.05 7,112,178.54 7,645,315.86 7,698,861.48 7,135,780.57 6,990,809.41 7,304,407.45 6,515,564.23 6,481,564.44 7,005,085.99 7,999,322.59 9,617,358.94 6,612,171.85 6,371,267.96 9,283,003.25 6,178,199.33 6,235,068.70 8,043,988.84 8,219,172.94 6,302,624.76 6,172,372.81 6,177,960.19 7,321,908.06 7,379,187.18 12,758,419.08 6,390,410.41 6,324,404.17 7,570,471.97 6,246,369.06 7,905,921.91 6,942,666.85 7,219,357.35 5,683,464.49 6,266,221.44 7,726,473.58 9,033,574.15 5,895,328.30 6,932,085.43 319,974,069.42 7,044,013.20 7,258,442.64 7,896,499.87 7,403,753.96 6,924,125.42 6,476,721.14 6,497,916.42 6,957,318.19 6,525,633.68 7,867,914.43 6,493,524.37 7,212,175.28 7,859,636.03 7,841,258.58 6,847,421.34 7,714,135.76 7,963,195.71 7,622,967.65 8,359,453.51 6,656,820.85 9,168,201.63 6,451,140.73 6,094,617.87 7,414,011.29 7,377,831.53 6,998,403.41 7,145,385.79 6,018,662.64 7,201,710.63 6,496,376.45 6,730,815.49 7,222,026.84 6,999,504.46 6,860,088.67 243,601,705.46

Source: Office of the Accountant-General of the Federation

Value Added Tax =N=

23,384,120.37 28,126,100.37 24,777,985.14 17,594,286.66 30,662,218.99 20,992,936.85 19,415,550.37 24,463,236.20 23,053,126.59 27,694,159.42 29,523,074.98 22,916,825.41 22,165,388.91 20,014,236.24 24,598,678.09 18,745,092.57 26,608,455.63 19,042,450.94 24,796,153.18 19,168,235.94 25,057,993.85 26,003,222.72 29,760,732.53 548,564,261.93 20,705,400.25 21,360,758.93 20,243,424.75 21,307,809.75 24,918,502.19 20,572,577.18 30,715,824.08 22,089,730.89 22,802,580.77 23,722,685.37 19,766,063.72 21,715,731.25 22,216,047.84 20,229,225.86 18,346,706.41 21,805,262.01 25,121,869.61 28,394,980.32 21,108,452.39 19,874,376.31 28,536,805.57 19,366,121.42 19,174,988.78 24,414,461.96 25,691,052.88 18,122,633.97 19,496,816.71 19,170,364.93 22,680,232.96 22,328,124.98 37,994,986.59 19,531,106.83 17,867,790.45 22,898,863.17 19,333,386.22 23,959,442.70 21,875,929.13 22,638,004.56 17,579,065.99 20,031,996.29 23,062,539.17 28,705,882.87 18,849,723.66 21,157,637.02 981,485,968.71 19,432,134.13 20,872,646.55 21,871,192.88 21,398,455.69 19,554,277.34 18,951,008.54 17,972,144.25 19,283,516.32 18,463,663.27 22,310,785.68 18,231,243.35 20,262,789.80 21,341,578.28 22,550,161.82 20,266,145.16 20,265,940.56 21,621,832.50 20,865,526.65 23,375,416.19 19,516,550.02 26,351,045.77 18,131,319.16 17,381,928.62 21,552,024.69 20,804,925.61 20,561,293.89 20,404,492.29 18,039,005.90 20,346,387.31 19,611,072.91 18,887,052.14 20,840,075.03 18,937,668.95 19,651,950.99 689,907,252.24

Total Allocation =N=

147,539,796.08 154,370,861.62 129,255,606.73 98,040,560.61 162,912,261.74 109,588,535.88 96,670,738.46 127,400,709.02 136,603,866.89 134,965,645.16 144,052,166.27 121,889,895.76 107,912,460.04 108,305,574.66 126,804,545.50 98,019,392.73 136,912,543.35 93,234,537.69 122,692,517.02 101,247,197.02 129,678,727.06 143,052,731.05 149,278,393.32 2,880,429,263.66 97,402,287.95 99,918,528.25 91,872,633.28 99,015,598.31 119,102,900.00 95,609,750.23 151,833,983.14 104,609,444.71 111,508,069.93 113,049,442.65 102,559,622.25 102,827,248.46 106,966,115.52 95,826,666.53 93,549,661.35 103,082,424.58 117,934,754.93 139,981,282.99 97,826,792.00 93,797,606.09 136,243,715.20 91,049,254.42 91,517,954.01 117,745,591.51 121,054,772.36 91,249,424.70 91,112,347.07 90,850,723.29 107,633,353.06 107,945,831.44 186,025,732.09 93,676,438.70 91,247,278.76 110,735,969.16 91,807,464.92 115,688,637.89 102,428,867.80 106,401,270.44 83,521,992.04 92,736,414.09 112,709,668.35 133,518,768.18 87,250,819.27 101,587,803.78 4,694,014,905.65 101,160,953.28 105,089,403.20 113,491,067.93 107,301,200.42 99,892,087.36 94,097,768.69 93,364,824.61 100,006,448.49 94,177,935.68 113,598,995.54 93,572,964.59 103,942,725.10 112,533,737.25 113,529,094.71 99,713,988.88 109,769,919.11 114,015,552.31 109,311,718.70 120,366,753.94 96,752,933.80 132,725,958.89 92,981,280.24 88,095,300.01 107,573,781.08 106,406,902.97 101,760,921.12 103,309,496.27 87,871,099.61 103,904,905.55 94,985,885.67 96,981,965.62 104,634,314.02 100,150,071.28 99,246,768.57 3,516,318,724.49

State

S/n

Local Government Gross Statutory Councils Allocation =N=

1 ALIERU 2 AREWA 3 ARGUNGU 4 AUGIE 5 BAGUDO 6 BIRNIN -KEBBI 7 BUNZA 8 DANDI KAMBA 9 DANKO /WASAGU 10 FAKAI 11 GWANDU KEBBI 12 JEGA 13 KALGO 14 KOKO/BESSE 15 MAIYAMA 16 NGASKI 17 SAKABA 18 SHANGA 19 SURU 20 YAURI 21 ZURU KEBBI TOTAL 1 ADAVI 2 AJAOKUTA 3 ANKPA 4 BASSA 5 DEKINA 6 IBAJI 7 IDAH 8 IGALAMELA 9 IJUMU 10 KABBA/BUNU 11 KOGI KOGI 12 KOTON KARFE 13 MOPA-MURO 14 OFU 15 OGORI/MAGONGO 16 OKEHI 17 OKENE 18 OLAMABORO 19 OMALA 20 YAGBA EAST 21 YAGBA WEST KOGI TOTAL 1 ASA 2 BARUTEN 3 EDU 4 EKITI 5 IFELODUN 6 ILORIN EAST 7 ILORIN SOUTH 8 ILORIN WEST KWARA 9 IREPODUN 10 KAI AMA 11 MORO 12 OFFA 13 OKE-ERO 14 OSIN 15 OYUN 16 PATEGI KWARA TOTAL 1 AGEGE 2 AJEROMI/IFELODUN 3 ALIMOSHO 4 AMOWO-ODOFIN 5 APAPA 6 BADAGRY 7 EPE 8 ETI-OSA 9 IBEJU-LEKKI 10 IFAKO/IJAYE LAGOS 11 IKEJA 12 IKORODU 13 KOSOFE 14 LAGOS ISLAND 15 LAGOS MAINLAND 16 MUSHIN 17 OJO 18 OSHODI/ISOLO 19 SOMOLU 20 SURULERE LAGOS TOTAL

58,236,067.57 95,155,428.29 80,148,632.63 66,176,193.79 88,133,790.09 107,826,360.74 73,459,115.68 78,039,641.64 96,949,731.99 67,506,812.16 71,304,811.90 78,664,706.58 65,466,218.76 75,126,764.44 86,914,552.86 69,635,400.03 68,623,515.19 71,214,004.67 86,159,418.72 66,207,556.73 79,081,474.94 1,630,030,199.41 84,470,367.78 74,690,867.15 94,263,494.01 74,636,869.14 102,051,782.94 79,346,008.11 66,578,506.77 78,016,803.84 76,511,382.46 80,889,889.96 71,206,449.83 90,909,792.88 60,005,888.94 87,239,552.58 58,255,115.94 84,456,641.63 105,626,713.57 79,787,938.07 75,546,885.54 81,004,526.08 79,260,131.15 1,684,755,608.38 68,453,210.85 112,567,336.90 86,275,797.79 52,540,041.53 91,162,455.04 78,352,970.69 79,197,397.79 93,391,107.64 67,515,648.00 89,784,137.28 71,174,521.13 63,219,546.12 52,896,858.46 52,672,550.32 60,143,290.05 72,794,192.92 1,192,141,062.52 102,152,991.65 131,304,169.32 211,753,012.17 82,762,289.65 69,582,069.39 77,790,186.46 71,423,275.78 86,164,583.89 57,535,243.95 98,103,383.72 84,805,522.06 116,603,386.55 126,157,329.97 67,912,441.36 81,947,267.38 122,681,215.96 119,039,915.27 121,549,708.59 94,007,334.13 107,532,428.46 2,030,807,755.70

Deduction =N=

Exchange Gain Difference =n=

5,492,624.96 8,974,731.67 7,559,342.48 6,241,510.26 8,312,474.98 10,169,810.30 6,928,410.33 7,360,429.73 9,143,964.21 6,367,009.60 6,725,223.83 7,419,383.70 6,174,547.87 7,085,697.20 8,197,480.74 6,567,770.66 6,472,333.17 6,716,659.20 8,126,259.09 6,244,468.31 7,458,691.85 153,738,824.14 7,966,953.63 7,044,584.88 8,890,607.51 7,039,491.97 9,625,172.05 7,483,641.71 6,279,455.04 7,358,275.75 7,216,289.60 7,629,255.32 6,715,946.66 8,574,297.99 5,659,548.40 8,228,133.59 5,494,421.53 7,965,659.03 9,962,347.17 7,525,323.02 7,125,321.58 7,640,067.40 7,475,542.09 158,900,335.89 6,456,270.66 10,616,962.81 8,137,235.56 4,955,395.43 8,598,128.21 7,389,981.85 7,469,625.30 8,808,327.04 6,367,842.96 8,468,130.04 6,712,935.25 5,962,649.46 4,989,049.17 4,967,893.20 5,672,507.60 6,865,697.11 112,438,631.65 9,634,717.70 12,384,156.20 19,971,813.47 7,805,853.60 6,562,740.70 7,336,901.98 6,736,396.93 8,126,746.25 5,426,525.69 9,252,772.66 7,998,564.23 10,997,629.09 11,898,724.07 6,405,267.14 7,728,983.51 11,570,868.99 11,227,434.07 11,464,149.12 8,866,447.39 10,142,087.62 191,538,780.41

Value Added Tax =N=

15,313,637.43 20,144,411.65 20,613,097.86 17,413,354.92 22,345,321.83 23,597,565.95 17,584,150.82 18,517,595.02 23,465,929.53 17,573,961.99 18,793,634.59 20,525,858.56 16,108,693.57 18,940,370.12 19,802,983.53 17,719,388.11 16,294,220.31 17,816,775.33 18,761,349.50 16,696,863.26 19,388,105.80 397,417,269.66 21,037,899.61 17,769,576.43 23,704,140.65 18,492,696.98 23,416,029.98 18,007,233.98 16,030,273.47 18,821,153.78 17,671,698.19 18,715,828.28 17,506,835.54 20,754,208.19 14,566,273.54 20,627,686.65 14,385,616.16 20,948,082.41 25,869,042.11 19,317,583.07 17,200,024.89 18,862,195.53 18,499,121.26 402,203,200.69 17,994,174.68 21,391,433.63 21,064,490.83 15,064,988.16 21,251,613.41 21,180,741.70 21,360,007.84 27,742,348.65 18,901,553.48 17,901,247.64 17,272,240.79 16,489,951.37 15,178,292.87 15,265,000.23 16,677,319.47 17,416,480.26 302,151,885.03 146,831,105.35 156,003,753.60 180,293,639.48 141,029,896.15 136,905,097.41 137,876,146.17 135,433,936.65 139,786,736.05 132,818,066.90 145,519,201.33 140,826,528.73 149,927,855.17 155,238,077.30 136,580,814.35 141,011,646.28 153,912,956.45 152,483,328.47 153,442,387.96 144,487,837.97 148,633,014.37 2,929,042,026.15

Total Allocation =N=

79,042,329.95 124,274,571.61 108,321,072.98 89,831,058.98 118,791,586.91 141,593,736.99 97,971,676.83 103,917,666.39 129,559,625.72 91,447,783.75 96,823,670.32 106,609,948.84 87,749,460.19 101,152,831.76 114,915,017.12 93,922,558.80 91,390,068.68 95,747,439.20 113,047,027.31 89,148,888.29 105,928,272.60 2,181,186,293.22 113,475,221.02 99,505,028.46 126,858,242.16 100,169,058.08 135,092,984.96 104,836,883.80 88,888,235.28 104,196,233.37 101,399,370.24 107,234,973.55 95,429,232.02 120,238,299.06 80,231,710.88 116,095,372.82 78,135,153.63 113,370,383.07 141,458,102.84 106,630,844.16 99,872,232.01 107,506,789.02 105,234,794.50 2,245,859,144.96 92,903,656.19 144,575,733.35 115,477,524.18 72,560,425.13 121,012,196.66 106,923,694.24 108,027,030.93 129,941,783.33 92,785,044.44 116,153,514.95 95,159,697.18 85,672,146.96 73,064,200.50 72,905,443.76 82,493,117.11 97,076,370.29 1,606,731,579.19 258,618,814.71 299,692,079.12 412,018,465.13 231,598,039.40 213,049,907.50 223,003,234.61 213,593,609.36 234,078,066.19 195,779,836.54 252,875,357.71 233,630,615.02 277,528,870.81 293,294,131.34 210,898,522.84 230,687,897.17 288,165,041.39 282,750,677.82 286,456,245.67 247,361,619.50 266,307,530.46 5,151,388,562.26

NEW TELEGRAPH FRIDAY, JULY 3, 2015

FEDERAL MINISTRY OF FINANCE, ABUJA

DISTRIBUTION DETAILS OF REVENUE ALLOCATION TO LOCAL GOVERNMENT COUNCILS BY FEDERATION ACCOUNT ALLOCATION COMMITTEE FOR THE MONTH OF MAYL, 2015 SHARED IN JUNE, 2015 State

S/n

Local Government Gross Statutory Councils Allocation =N=

1 AKWANGA 2 AWE 3 DOMA 4 KARU 5 KEANA 6 KEFFI 7 KOKONA 25 NASSARAWA 8 LAFIA 9 NASARAWA 10 NASSARAWA EGGON 11 OBI 12 TOTO 13 WAMBA NASSARAWA TOTAL 1 AGAIE 2 AGWARA 3 BIDA 4 BORGU 5 BOSSO 6 EDATI 7 GBAKO 8 GURARA 9 KATCHA 10 KONTAGORA 11 LAPAI 12 LAVUN 13 MAGAMA 26 NIGER 14 MARIGA 15 MASHEGU 16 MINNA 17 MOKWA 18 MUYA 19 PAIKORO 20 RAFI 21 RIJAU 22 SHIRORO 23 SULEJA 24 TAFA 25 WUSHISHI NIGER TOTAL 1 ABEOKUTA NORTH 2 ABEOKUTA SOUTH 3 ADO-ODO/OTA 4 EGBADO NORTH 5 EGBADO SOUTH 6 EWEKORO 7 REMO NORTH 8 IFO 9 IJEBU EAST 10 IJEBU NORTH 27 OGUN 11 IJEBU ODE 12 IKENNE 13 IJEBU NORTH-EAST 14 IMEKO-AFON 15 IPOKIA 16 OBAFEMI/OWODE 17 ODEDA 18 ODOGBOLU 19 OGUN WATER SIDE 20 SAGAMU OGUN TOTAL

70,358,606.80 79,306,853.82 81,203,178.27 95,808,684.41 68,411,523.73 64,329,703.00 73,502,463.61 115,013,630.92 106,588,255.48 81,538,392.63 78,047,998.78 82,920,396.74 66,565,610.30 1,063,595,298.49 73,193,835.52 62,841,898.41 71,967,019.94 117,151,736.72 70,320,998.00 74,062,914.84 70,151,480.48 62,684,792.43 67,640,499.60 74,491,190.77 72,762,600.79 84,668,077.69 86,731,528.80 96,034,820.85 113,315,117.62 71,766,113.37 97,408,209.33 65,797,152.52 75,724,944.29 87,340,242.54 82,163,630.23 97,129,999.89 71,033,607.92 57,810,081.87 64,440,360.40 1,968,632,854.82 72,348,143.10 74,688,387.69 114,798,524.41 75,480,993.51 67,644,455.93 51,455,432.37 50,126,683.94 112,557,344.47 66,985,616.23 83,691,977.56 64,568,397.31 58,334,722.55 52,603,801.55 60,474,750.27 63,342,350.34 76,802,790.32 64,474,408.66 59,922,255.75 56,916,687.16 77,197,837.67 1,404,415,560.77

Deduction =N=

Exchange Gain Difference =n=

6,635,981.03 7,479,948.81 7,658,803.59 9,036,344.53 6,452,338.87 6,067,355.62 6,932,498.75 10,847,688.83 10,053,036.48 7,690,419.85 7,361,217.95 7,820,765.71 6,278,238.69 100,314,638.72 6,903,390.02 5,927,031.03 6,787,681.01 11,049,347.59 6,632,433.90 6,985,358.58 6,616,445.59 5,912,213.33 6,379,618.54 7,025,752.09 6,862,717.45 7,985,600.95 8,180,218.54 9,057,672.94 10,687,490.91 6,768,732.19 9,187,206.21 6,205,760.40 7,142,115.46 8,237,630.32 7,749,390.11 9,160,966.45 6,699,644.80 5,452,447.45 6,077,792.45 185,674,658.29 6,823,627.23 7,044,351.02 10,827,400.72 7,119,106.87 6,379,991.68 4,853,098.84 4,727,775.87 10,616,020.36 6,317,852.20 7,893,538.55 6,089,868.45 5,501,929.75 4,961,409.06 5,703,769.78 5,974,231.93 7,243,774.18 6,081,003.76 5,651,660.41 5,368,185.55 7,281,033.69 132,459,629.89

Source: Office of the Accountant-General of the Federation

Value Added Tax =N=

17,710,373.96 17,675,347.30 18,781,510.59 21,476,845.03 16,311,885.34 16,860,650.03 17,559,751.12 26,601,335.83 20,836,790.05 19,171,141.29 19,160,706.95 17,941,443.54 16,051,681.43 246,139,462.45 18,219,818.09 15,130,679.20 20,481,574.82 19,818,032.34 18,811,179.46 19,341,571.52 17,997,177.81 16,503,961.72 17,780,716.31 18,998,793.06 17,287,683.30 21,370,990.17 20,214,455.60 20,941,872.63 21,579,881.66 21,023,669.71 22,803,973.51 17,022,691.86 19,250,117.55 20,225,749.24 19,985,309.20 22,413,892.69 21,643,551.62 16,199,933.56 16,127,875.20 481,175,151.83 22,144,702.15 24,147,646.21 35,453,033.60 21,346,658.92 20,815,693.99 16,163,449.36 16,358,019.20 35,382,325.57 18,415,631.04 25,541,265.47 20,209,356.27 18,765,038.37 16,674,036.62 17,270,758.38 20,061,802.36 23,270,874.83 18,385,064.55 19,108,266.93 16,890,948.23 24,275,886.36 430,680,458.41

State

Total Allocation =N=

94,704,961.78 104,462,149.93 107,643,492.45 126,321,873.97 91,175,747.94 87,257,708.66 97,994,713.49 152,462,655.57 137,478,082.02 108,399,953.78 104,569,923.67 108,682,605.99 88,895,530.41 1,410,049,399.66 98,317,043.63 83,899,608.64 99,236,275.76 148,019,116.64 95,764,611.35 100,389,844.94 94,765,103.88 85,100,967.48 91,800,834.45 100,515,735.92 96,913,001.53 114,024,668.81 115,126,202.93 126,034,366.43 145,582,490.19 99,558,515.28 129,399,389.05 89,025,604.78 102,117,177.31 115,803,622.10 109,898,329.54 128,704,859.04 99,376,804.35 79,462,462.88 86,646,028.05 2,635,482,664.94 101,316,472.47 105,880,384.93 161,078,958.72 103,946,759.29 94,840,141.60 72,471,980.56 71,212,479.00 158,555,690.40 91,719,099.47 117,126,781.58 90,867,622.02 82,601,690.68 74,239,247.23 83,449,278.43 89,378,384.63 107,317,439.33 88,940,476.97 84,682,183.09 79,175,820.94 108,754,757.71 1,967,555,649.07

ONDO

OSUN

OYO

S/n

Local Government Gross Statutory Councils Allocation =N=

1 AKOKO NORTH EAST 74,412,509.31 2 AKOKO NORTH WEST 78,716,500.82 3 AKOKO SOUTH WEST 80,139,877.09 4 AKOKO SOUTH 59,441,121.85 5 AKURE NORTH 62,287,102.01 6 AKURE SOUTH 95,720,628.19 7 IDANRE 67,414,274.35 8 IFEDORE 67,920,190.16 9 IKALE/OKITIPUPA 81,656,653.45 10 ILAJE WEST 88,607,489.57 11 ILAJE/ESE-EDO 67,797,956.58 12 ILEOLUJI/OKEIGBO 70,175,329.10 65,215,083.60 13 ODE IRELE 14 ODIGBO 81,560,361.28 15 ONDO EAST 54,129,041.55 16 ONDO WEST 89,460,572.40 17 OSE 72,080,951.38 18 OWO 84,570,053.36 ONDO TOTAL 1,341,305,696.05 1 ATAKUMOSA EAST 52,852,327.46 2 ATAKUMOSA WEST 53,000,585.55 3 AYEDADE 66,029,826.88 4 AYEDIRE 58,368,907.49 5 BOLAWADURO 55,235,300.57 6 BORIPE 62,910,294.35 52,728,173.66 7 EDE NORTH 8 EDE SOUTH 54,760,915.30 9 EGBEDORE 53,860,077.36 10 EJIGBO 61,141,830.95 11 IFE CENTRAL 64,738,842.57 12 IFE EAST 74,823,183.13 13 IFE NORTH 69,745,999.27 14 IFE SOUTH 60,796,910.06 15 IFEDAYO 47,775,504.20 16 IFELODUN 61,563,258.74 17 ILA 54,276,429.82 18 ILESA EAST 56,583,765.69 19 ILESHA WEST 59,961,499.09 20 IREPODUN 59,340,764.23 21 IREWOLE 64,204,470.45 22 ISOKAN 58,276,205.56 23 IWO 71,658,772.68 24 OBOKUM 59,424,005.03 25 ODO OTIN 78,290,387.18 26 OLA-OLUWA 53,587,944.56 27 OLORUNDA 64,817,174.07 28 ORIADE 65,025,000.93 29 OROLU 57,301,694.99 30 OSOGBO 63,752,425.99 OSUN TOTAL 1,816,832,477.83 1 AFIJIO 62,744,506.78 2 AKINYELE 72,865,090.28 3 ATIBA 72,581,591.84 4 ATIGBO 77,762,636.03 5 EGBEDA 78,897,995.06 6 IBADAN NORTH 81,091,079.12 7 IBADAN NORTH EAST 87,914,110.23 8 IBADAN NORTH WEST 64,701,558.79 9 IBADAN SOUTH EAST 76,787,095.64 10 IBADAN SOUTH WEST 80,392,560.60 11 IBARAPA CENTRAL 58,142,776.92 12 IBARAPA NORTH 60,635,962.09 13 IDDO 59,441,626.69 14 SAKI WEST 88,286,505.86 15 IBARAPA EAST (IFELOJU) 60,203,149.02 16 IREPO 63,174,659.56 17 ISEYIN 82,538,758.22 18 ITESIWAJU 71,369,216.09 19 IWAJOWA 65,517,983.86 20 IYAMAPO/OLORUNSOGO 59,159,003.54 21 KAJOLA 73,061,020.95 22 LAGEMU 67,673,839.45 23 OGBOMOSO NORTH 70,059,424.39 24 OGBOMOSO SOUTH 59,975,976.56 25 OGO-OLUWA 54,883,925.44 26 OLUYOLE 72,751,769.24 27 ONA ARA 79,265,085.98 28 ORELOPE 60,709,520.00 29 ORI IRE 73,010,233.46 30 OYO 61,644,997.92 31 OYO WEST 61,914,105.88 32 SAKI EAST 61,613,455.16 33 IFEDAPO 71,021,192.97 OYO TOTAL 2,291,792,413.64

Deduction =N=

Exchange Gain Difference =n=

7,018,331.12 7,424,268.75 7,558,516.69 5,606,281.52 5,874,704.55 9,028,039.38 6,358,281.75 6,405,997.98 7,701,573.80 8,357,152.68 6,394,469.33 6,618,694.91 6,150,861.67 7,692,491.86 5,105,264.43 8,437,612.51 6,798,426.63 7,976,355.63 126,507,325.20 4,984,849.16 4,998,832.36 6,227,705.44 5,505,153.96 5,209,602.97 5,933,481.90 4,973,139.41 5,164,860.58 5,079,896.66 5,766,686.53 6,105,944.26 7,057,064.46 6,578,202.00 5,734,154.78 4,506,020.71 5,806,434.15 5,119,165.58 5,336,785.54 5,655,361.70 5,596,816.13 6,055,544.12 5,496,410.63 6,758,608.19 5,604,667.12 7,384,079.19 5,054,230.03 6,113,332.21 6,132,933.73 5,404,498.16 6,012,908.85 171,357,370.50 5,917,845.39 6,872,383.90 6,845,645.31 7,334,303.52 7,441,386.66 7,648,230.79 8,291,755.54 6,102,427.78 7,242,293.91 7,582,348.93 5,483,826.10 5,718,974.73 5,606,329.13 8,326,878.61 5,678,153.29 5,958,415.91 7,784,770.88 6,731,298.21 6,179,430.17 5,579,673.09 6,890,863.41 6,382,763.03 6,607,763.18 5,656,727.17 5,176,462.48 6,861,695.85 7,476,009.41 5,725,912.45 6,886,073.31 5,814,143.50 5,839,524.84 5,811,168.50 6,698,473.87 216,153,952.84

Value Added Tax =N=

19,753,880.18 21,324,474.10 21,966,656.87 15,949,108.93 17,960,727.82 27,029,359.98 17,855,852.42 19,791,443.82 22,133,565.46 24,467,994.34 18,917,864.12 19,649,986.84 18,516,366.90 22,002,051.80 15,635,342.04 24,183,893.73 18,505,523.37 21,532,915.48 367,177,008.20 15,685,722.31 15,376,620.20 18,721,707.42 15,671,359.75 15,463,859.50 18,270,207.19 15,998,097.95 15,679,093.44 15,613,623.04 17,995,354.27 19,411,683.58 20,264,149.07 18,856,821.95 18,105,712.81 14,084,193.63 16,526,648.66 15,106,800.32 16,929,209.76 16,805,184.28 17,457,514.96 18,443,744.66 16,789,716.90 20,398,772.58 17,335,330.83 18,055,464.28 15,701,926.24 17,959,345.56 18,649,076.20 16,785,625.00 18,979,578.95 517,122,145.27 19,471,022.49 22,629,396.32 20,924,833.59 18,514,295.38 25,502,482.89 26,534,541.87 27,500,393.92 20,234,611.92 24,867,133.60 25,543,892.92 18,194,595.24 18,117,381.09 18,206,134.40 25,356,361.14 18,818,487.21 18,995,543.72 24,493,952.33 19,245,108.69 18,194,636.16 17,326,294.09 22,205,393.65 20,035,049.96 22,112,221.09 18,106,046.53 16,648,061.69 22,276,101.68 24,826,746.54 18,254,418.82 20,144,344.61 19,048,451.99 19,555,438.38 18,491,012.47 19,794,159.82 690,168,546.18

Total Allocation =N=

101,184,720.61 107,465,243.68 109,665,050.65 80,996,512.29 86,122,534.37 131,778,027.54 91,628,408.53 94,117,631.96 111,491,792.71 121,432,636.59 93,110,290.03 96,444,010.85 89,882,312.17 111,254,904.95 74,869,648.03 122,082,078.64 97,384,901.37 114,079,324.48 1,834,990,029.46 73,522,898.94 73,376,038.11 90,979,239.74 79,545,421.19 75,908,763.04 87,113,983.43 73,699,411.01 75,604,869.32 74,553,597.06 84,903,871.76 90,256,470.40 102,144,396.67 95,181,023.23 84,636,777.65 66,365,718.54 83,896,341.54 74,502,395.72 78,849,760.99 82,422,045.07 82,395,095.31 88,703,759.24 80,562,333.09 98,816,153.45 82,364,002.98 103,729,930.65 74,344,100.83 88,889,851.84 89,807,010.85 79,491,818.15 88,744,913.79 2,505,311,993.60 88,133,374.65 102,366,870.50 100,352,070.73 103,611,234.93 111,841,864.61 115,273,851.78 123,706,259.69 91,038,598.49 108,896,523.15 113,518,802.45 81,821,198.26 84,472,317.91 83,254,090.22 121,969,745.61 84,699,789.53 88,128,619.19 114,817,481.43 97,345,622.99 89,892,050.20 82,064,970.72 102,157,278.01 94,091,652.45 98,779,408.66 83,738,750.26 76,708,449.60 101,889,566.77 111,567,841.94 84,689,851.27 100,040,651.37 86,507,593.41 87,309,069.10 85,915,636.13 97,513,826.66 3,198,114,912.66

FRIDAY, JULY 3, 2015 NEW TELEGRAPH

FEDERAL MINISTRY OF FINANCE, ABUJA

DISTRIBUTION DETAILS OF REVENUE ALLOCATION TO LOCAL GOVERNMENT COUNCILS BY FEDERATION ACCOUNT ALLOCATION COMMITTEE FOR THE MONTH OF MAY, 2015 SHARED IN JUNE, 2015 State

S/n

Local Government Gross Statutory Councils Allocation =N=

1 BARKIN LADI 2 BASSA 3 BOKKOS 4 JOS EAST 5 JOS NORTH 6 JOS SOUTH 7 KANAM 8 KANKE 9 LANGTANG NORTH 31 PLATEAU 10 LANGTANG SOUTH 11 MANGU 12 MIKANG 13 PANKSHIN 14 QUAN-PAN 15 RIYOM 16 SHENDAM 17 WASE PLATEAU TOTAL 1 AHOADA 2 AHOADA WEST 3 AKUKUTORU 4 ANDONI 5 ASARITORU 6 BONNY 7 DEGEMA 8 ELEME 9 EMOHUA 10 ETCHE 11 GONAKA 12 IKWERRE 32 RIVERS 13 KHANA 14 OBIO/AKPOR 15 OBUA/ODUAL 16 OGBA/EGBEMA/NDONI 17 OGU/BOLO 18 OKRIKA 19 OMUMMA 20 OPOBO/NKORO 21 OYIGBO 22 PORT HARCOURT 23 TAI RIVERS TOTAL 1 BINJI 2 BODINGA 3 DANGE SHUNI 4 GADA 5 GORONYO 6 GUDU 7 GWADABAWA 8 ILLELA 9 ISA 10 KEBBE 11 KWARE 12 RABAH 33 SOKOTO 13 SABON BIRNI 14 SHAGARI 15 SILAME 16 SOKOTO NORTH 17 SOKOTO SOUTH 18 TAMBUWAL 19 TANGAZA 20 TURETA 21 WAMAKKO 22 WURNO 23 YABO SOKOTO TOTAL

83,775,657.33 84,509,011.87 84,140,754.68 63,879,031.31 111,140,796.45 96,108,511.99 84,368,232.56 74,510,759.03 76,423,876.67 72,499,122.60 100,166,940.46 67,437,626.59 90,030,536.44 89,900,322.52 71,046,091.46 90,525,624.45 96,183,878.96 1,436,646,775.37 63,996,576.08 79,958,751.68 73,658,782.25 78,629,274.22 72,987,638.08 72,975,441.96 79,088,680.79 76,621,971.16 73,084,083.46 85,702,850.51 76,326,983.63 73,051,471.02 86,724,793.45 106,203,915.57 85,743,017.98 86,522,223.14 59,444,632.05 73,146,873.65 57,976,109.48 62,710,983.49 64,769,031.80 120,284,501.73 71,194,734.15 1,780,803,321.31 66,703,274.49 75,930,677.10 81,827,926.49 88,845,678.87 83,577,566.82 75,730,735.75 86,495,306.50 73,807,372.38 83,544,447.97 75,429,005.36 69,945,853.57 83,279,048.93 87,376,527.50 78,730,880.19 70,498,680.21 78,340,804.86 77,707,928.79 87,010,850.96 80,220,498.03 73,001,823.70 75,253,648.22 72,405,702.87 67,880,330.51 1,793,544,570.06

Deduction =N=

Exchange Gain Difference =n=

7,901,430.94 7,970,598.41 7,935,865.66 6,024,849.82 10,482,416.44 9,064,623.24 7,957,320.59 7,027,597.70 7,208,036.35 6,837,867.09 9,447,400.21 6,360,484.25 8,491,369.56 8,479,088.23 6,700,822.21 8,538,064.55 9,071,731.59 135,499,566.84 6,035,936.24 7,541,433.57 6,947,242.19 7,416,041.84 6,883,942.19 6,882,791.89 7,459,371.48 7,226,719.94 6,893,038.58 8,083,197.15 7,198,897.74 6,889,962.69 8,179,583.28 10,016,786.87 8,086,985.61 8,160,477.55 5,606,612.59 6,898,960.74 5,468,106.61 5,914,683.58 6,108,791.60 11,344,819.17 6,714,841.67 167,959,224.78 6,291,222.70 7,161,519.47 7,717,727.69 8,379,617.88 7,882,747.73 7,142,661.69 8,157,938.87 6,961,256.70 7,879,624.07 7,114,203.52 6,597,051.57 7,854,592.55 8,241,052.59 7,425,624.97 6,649,192.27 7,388,834.41 7,329,143.72 8,206,563.24 7,566,120.58 6,885,280.13 7,097,664.44 6,829,056.07 6,402,238.56 169,160,935.39

Source: Office of the Accountant-General of the Federation

Value Added Tax =N=

19,684,713.96 20,159,046.99 19,815,122.81 16,015,711.94 30,079,489.94 25,063,475.41 19,301,343.86 17,481,512.31 18,267,934.55 16,862,857.97 24,581,245.01 16,498,924.40 20,356,522.08 20,571,101.31 17,896,144.53 21,024,811.16 19,130,138.77 342,790,096.98 22,626,908.10 26,010,009.07 22,187,397.13 24,438,064.82 24,810,059.43 24,616,021.54 26,024,248.88 23,614,569.97 24,065,374.58 26,011,195.72 25,167,200.45 23,567,185.77 27,842,852.86 34,822,488.30 27,383,373.42 27,425,192.64 18,859,741.40 24,888,869.42 19,910,664.05 22,003,466.23 20,824,017.02 37,945,671.79 20,623,923.11 575,668,495.67 16,899,070.45 19,778,908.66 20,562,098.30 22,760,307.82 20,060,840.56 16,511,035.59 22,068,408.47 18,759,329.97 18,579,859.24 17,702,351.32 18,080,483.78 18,705,153.22 21,096,213.99 19,001,734.12 16,872,514.02 22,129,295.94 20,577,156.49 21,805,422.07 17,260,221.54 15,399,102.72 19,951,300.40 19,242,910.70 17,307,605.74 441,111,325.13

State

Total Allocation =N=

111,361,802.23 112,638,657.27 111,891,743.15 85,919,593.07 151,702,702.84 130,236,610.64 111,626,897.01 99,019,869.04 101,899,847.57 96,199,847.67 134,195,585.68 90,297,035.24 118,878,428.08 118,950,512.05 95,643,058.20 120,088,500.16 124,385,749.32 1,914,936,439.20 92,659,420.42 113,510,194.31 102,793,421.57 110,483,380.87 104,681,639.70 104,474,255.40 112,572,301.15 107,463,261.07 104,042,496.62 119,797,243.38 108,693,081.82 103,508,619.47 122,747,229.59 151,043,190.73 121,213,377.01 122,107,893.32 83,910,986.04 104,934,703.81 83,354,880.13 90,629,133.30 91,701,840.41 169,574,992.69 98,533,498.94 2,524,431,041.76 89,893,567.64 102,871,105.23 110,107,752.48 119,985,604.57 111,521,155.10 99,384,433.03 116,721,653.84 99,527,959.04 110,003,931.29 100,245,560.20 94,623,388.92 109,838,794.70 116,713,794.08 105,158,239.28 94,020,386.50 107,858,935.21 105,614,229.00 117,022,836.27 105,046,840.15 95,286,206.55 102,302,613.07 98,477,669.64 91,590,174.80 2,403,816,830.58

S/n

Local Government Gross Statutory Councils Allocation =N=

1 ARDO KOLA 2 BALI 3 DONGA 4 GASHAKA 5 GASSOL 6 IBI 7 JALINGO 8 KARIM LAMIDU TARABA 9 KURMI 10 LAU 11 SARDAUNA 12 TAKUM 13 USSA 14 WUKARI 15 YORRO 16 ZING TARABA TOTAL 1 BADE 2 BURSARI 3 DAMATURU 4 FIKA 5 FUNE 6 GEIDAM 7 GUJBA 8 GULAMI 9 JAKUSKO YOBE 10 KARASUWA 11 MACHINA 12 NANGERE 13 NGURU 14 POTISKUM 15 TARMUA 16 YUNUSARI 17 YUSUFARI YOBE TOTAL 1 ANKA 2 BAKURA 3 BUKKUYUM 4 BUNGUDU 5 GUMMI 6 GUSAU 7 KAURA NAMODA ZAMFARA 8 KIYAWA 9 MARADUN 10 MARU 11 SHINKAFI 12 TALATA MAFARA 13 TSAFE 14 ZURMI ZAMFARA TOTAL 1 ABAJI 2 ABUJA MUNICIPAL 3 BWARI FCT-ABUJA 4 GWAGWALADA 5 KUJE 6 KWALI SUBTOTAL CF

67,376,148.21 115,296,105.54 79,187,216.21 94,550,009.71 102,146,674.39 70,762,156.81 68,061,031.19 105,640,028.35 75,198,721.22 69,430,807.49 103,612,845.44 82,012,916.94 70,489,007.93 100,965,492.82 66,931,367.51 72,607,125.93 1,344,267,655.67 75,035,147.00 83,033,818.88 69,523,378.17 77,840,836.62 109,177,728.21 90,480,138.52 83,302,365.18 72,372,668.91 95,447,970.03 67,315,119.10 64,477,181.46 69,129,398.80 75,186,397.34 82,734,077.17 76,735,029.11 79,971,052.19 79,781,012.99 1,351,543,319.68 75,095,507.78 72,711,220.42 85,811,150.00 94,710,475.49 82,435,375.45 114,466,268.51 86,932,164.92 78,871,143.48 85,261,936.50 112,538,802.79 70,266,974.00 81,159,516.38 85,985,839.56 94,963,362.20 1,221,209,737.48 62,730,020.51 160,134,894.69 90,199,607.06 77,302,259.08 73,450,290.41 75,553,756.25 539,370,827.99 59,362,180,736.06 29,443,080,778.47

Deduction =N=

Exchange Gain Difference =n=

Value Added Tax =N=

6,354,685.82 16,419,764.33 10,874,330.86 21,412,455.03 7,468,665.00 18,350,731.87 8,917,630.68 16,454,954.66 9,634,121.88 22,877,928.05 6,674,042.47 16,302,449.56 6,419,281.62 18,585,361.41 9,963,602.97 20,876,784.42 7,092,483.92 16,608,400.91 6,548,474.20 16,815,410.12 9,772,406.08 22,046,781.35 7,735,175.35 18,401,389.59 6,648,280.01 17,457,020.02 9,522,716.91 22,746,864.49 6,312,735.64 16,521,611.71 6,848,053.59 18,074,610.47 126,786,687.02 299,952,518.00 7,077,056.16 18,093,127.25 7,831,463.30 16,838,632.59 6,557,205.15 15,974,832.53 7,341,679.13 17,974,994.10 10,297,266.62 24,680,185.82 8,533,774.47 18,809,741.68 7,856,791.66 17,696,458.48 6,825,940.42 16,608,913.33 9,002,323.20 21,747,234.75 6,348,929.77 16,751,393.29 6,081,265.28 14,894,243.61 6,520,046.37 15,967,017.00 7,091,321.57 18,537,098.39 7,803,192.69 20,797,627.55 7,237,383.18 15,532,498.15 7,542,593.71 17,521,857.11 7,524,669.87 16,918,915.67 127,472,902.54 305,344,771.30 7,082,749.18 20,027,407.28 6,857,871.43 21,853,417.60 8,093,411.59 22,865,262.60 8,932,765.26 24,759,157.53 7,775,020.18 22,574,983.22 10,796,063.49 29,884,057.52 8,199,141.84 25,718,708.05 7,438,854.12 21,514,362.78 8,041,611.66 22,833,304.86 10,614,271.58 26,149,707.86 6,627,338.54 19,756,073.40 7,654,685.55 23,010,320.45 8,109,887.70 25,090,233.15 8,956,616.66 26,228,967.96 115,180,288.77 332,265,964.27 5,916,479.09 159,927,165.76 15,103,370.74 189,393,877.84 8,507,315.71 166,833,147.00 7,290,882.35 163,991,486.22 6,927,577.96 161,519,855.95 7,125,969.60 161,048,059.89 50,871,595.45 1,002,713,592.66 (9,993,570.94) 5,598,836,063.50 19,091,923,927.31

Total Allocation =N=

90,150,598.36 147,582,891.42 105,006,613.08 119,922,595.06 134,658,724.32 93,738,648.83 93,065,674.22 136,480,415.74 98,899,606.05 92,794,691.81 135,432,032.86 108,149,481.88 94,594,307.97 133,235,074.23 89,765,714.87 97,529,790.00 1,771,006,860.69 100,205,330.41 107,703,914.77 92,055,415.85 103,157,509.85 144,155,180.65 117,823,654.67 108,855,615.32 95,807,522.66 126,197,527.99 90,415,442.15 85,452,690.35 91,616,462.17 100,814,817.31 111,334,897.42 99,504,910.44 105,035,503.01 104,224,598.53 1,784,360,993.53 102,205,664.25 101,422,509.44 116,769,824.18 128,402,398.28 112,785,378.85 155,146,389.53 120,850,014.81 107,824,360.37 116,136,853.02 149,302,782.23 96,650,385.94 111,824,522.38 119,185,960.41 130,148,946.83 1,668,655,990.52 228,573,665.36 364,632,143.26 265,540,069.77 248,584,627.65 241,897,724.31 243,727,785.74 1,592,956,016.10 84,042,947,155.93

(9,993,570.94) 2,776,969,788.49 7,921,608,228.97 40,131,665,225.00

NEW TELEGRAPH FRIDAY, JUly 3, 2015

Open Forum

INEC Chairman

Leadership

Okorie: Zakari’s appointment not out of place

Opadokun: We must build institutions not individuals

Making Odigie-Oyegun a fall guy

Politics

Furore over INEC chair Barely a day after the retirement of Prof. Attahiru Jega as chairman of the Independent National Electoral Commission (INEC), controversy is trailing the appointment of his successor. ONYEKACHI EZE reports

rdinarily, the appointment of Hajiya Amina Bala Zakari as acting chairman of the Independent National Electoral Commission (INEC) should excite most Nigerians. This is because, Nigerians believe that any woman appointed to a sensitive position in the country will be able to prove her mettle. Mention could be made of the sterling performances of some Nigerian women who had served the country in the past, the likes of late Prof. Dora Akunyili as Director General of the National Agency for Food, Drug Administration and Control (NAFDAC), Mrs. Oby Ezekwesili as pioneer Director General of Bureau for Public Procurement (BPP) and Dr. Ngozi Okonjo-Iweala who as Minister of Finance under former President Olusegun Obasanjo, secured for Nigeria debt relief from creditor nations. But unfortunately, Zakari’s appointment as Acting Chairman of INEC is facing stiff opposition from the Peoples Democratic Party (PDP). PDP, which is now in opposition, said the appointment was “nepotism in action”. Incidentally, the INEC acting chairman was appointed National Commis-

AYODELE OJO

DEPUTY EDITOR, PoLITICS ayodele.ojo@newtelegraphonline.com

Zakari

sioner by a PDP president in 2010. The party’s National Publicity Secretary, Olisa Metuh, said this is the first time the INEC Chairman is coming from the same geo-political zone with a sitting president, and also from a neighbouring state with the president. The Acting INEC chairman is from Jigawa State while President Buhari is from Kastina State: both states were carved out of old Kano State – Katsina in 1987 and Jigawa in 1991. Giving further explanation to this, Metuh said former President Olusegun Obasanjo (who is from South-West) appointed Dr. Abel Guobadia from Edo in the South-South and later, Prof. Maurice Iwu from Imo State in the South-East, as INEC chairmen while Prof. Attahiru Jega from North-West was appointed by former President Goodluck Jonathan who is from South-South, to oversee the nation’s Election Management Body (EMB). He alleged that due process was not observed in Zakari’s appointment, adding that she has shown, in the last elections that she is manifestly bias in favour of the ruling party, the All Progressives Congress (APC). “We ask, if they trusted Prof.

Jega’s “purported handing over to another commissioner” cannot be construed as an “appointment”

Jega and commended him for conducting free and fair elections, why would they not trust him on who to hold forth in the commission until a substantive chairman is appointed, rather than appointing someone who is retiring from the commission in the next three weeks? “Is there a hidden agenda? Has Zakari been handed a script to act given that we have cases in the tribunals in addition to the forthcoming elections in Kogi and Bayelsa? “Mrs. Amina Zakari as acting chairman which, we gathered was influenced by personal relationship with the Presidency and one of the new governors of the North-West, ostensibly to pave the way for the APC at the electoral tribunals, has completely eroded public trust in the commission,” he stated. Jega whose five-year tenure ended on June 30, in a closed door ceremony, handed over to Ambassador Mohammed Wali, who though from Sokoto State, will leave office on August 11, while the now acting chairperson would have retired on July 21. PDP noted that by her appointment, President Buhari has extended her tenure.

Though the party said it recognises the right of the president to appoint the chairman of INEC, it wondered why Buhari, who knew all along that Jega would be leaving office by June 30 had to wait for him to handover to one of the national commissioners only to reverse it immediately, “thereby injecting bad blood in the commission.” Section 8(3) of Decree No 17 of 1998 that established INEC provides for a replacement of the commission’s chairman in acting capacity “for any specific period.” This power is invested in the “Head of State and Commander-in-Chief of the Armed Forces.” Jega’s predecessor, Iwu, who left office on April 28, 2010 did not handover to any of the INEC commissioners. Against the action of Philip Umadi (Jnr) who forcefully assumed office as acting chairman, President Jonathan appointed Prince Solomon Soyebi, a National Commissioner, as acting chairman. Soyebi was in office till June 30 when he handed over to Jega. Special Adviser to President Buhari on Media and Publicity, Femi Adesina, said Zakari’s appointment was based on merit and “her vast experience in the internal operations of INEC.” According to him, being the only woman among the six commissioners considered, her appointment was based on “the President’s commitment to affirmative action in support of gender equality.” The presidential spokesperson denied that Buhari overruled Jega in Zakari’s appointment because Jega’s “purported handing over to another commissioner” cannot be construed as an “appointment” because only the President has the constitutional authority, which he exercised to appoint Zakari as acting chairman of INEC.” There have been concerns over Jega’s successor so that the integrity of INEC will not be eroded. Festus Okoye, a lawyer who is also Executive Director, Human Rights Monitor, in an interview, said any person who will take over from Jega as INEC chairman, should be an institutionbuilder, and must “possess a level of personal integrity and (should) not pander to any of the interests.” CONTINUED ON PAGE 15

Politics

FRIDAY, JUly 3, 2015 NEW TELEGRAPH

OPEN FORUM

...APPOINTMENT OF INEC CHAIRMAN

Okorie: Zakari’s appointment not out of place Chief Chekwas Okorie is the National Chairman and presidential candidate of the United Progressive Party (UPP)

The appointment... is not out of place because the woman has been in INEC for a while as a National Commissioner

he choice of Prof. Attahiru Jega as chairman of the Independent National Electoral Commission (INEC) in 2010 was a good appointment looking into his pedigree and background as a political scientist and credible labour leader, who once led the Academic Staff Union of Universities (ASUU). I think those are some of the attributes that made him to be successful. So, somebody in that category would not be a bad idea as Jega’s successor. The President has prerogative to appoint an acting INEC chairman, so the appointment of Mrs Amina Zakari is not out of place because the woman has been in INEC for a while as a National Commissioner. She has been carrying out her job very well and she is not controversial. What she has to do now is perform very well to prove that she is capable of holding that position. Moreover, this is

the first time a woman is occupying that position, even if it is on temporary basis. So, she has a challenge to discharge her duties very well to be considered for confirmation. I welcome her appointment because she is eminently qualified and she has the experience. The Peoples Democratic Party (PDP) is bound to oppose anything that the All Progressives Congress (APC) has done but I believe there is no basis for the PDP to oppose Zakari’s appointment. I will advise the PDP to provide credible opposition; that is the only way they can regain some respect. They don’t need to

Okorie

say that everything the government is doing is bad. There is no basis for the PDP to condemn the appointment of Zakari as acting INEC chairman because the woman has been there as National Commissioner and she has not been controversial and has not exposed herself to any indictment. Therefore, she is emi-

nently qualified to be in acting capacity and I believe that if the woman is ready to discharge her duties diligently, her appointment may be considered for confirmation. And moreover the fact that this is the first time a woman is holding that position, even on a temporary basis ought to be supported by the PDP that claims to be pursuing women affirmation in government. I will advise the INEC acting chairman to immediately look at the areas that her predecessor did not handle very well. There is no election on ground right now, so what she has to do is to reorganise as quickly as possible for INEC officials to get some respect because at present, some officers of INEC are corrupt and they are responsible for some of the problems we have been having in our elections. So, I will advise the acting INEC chairman to go back to all the reports that the commission got regarding the misconduct of INEC officials and take decisive actions. With that, many people will respect her authority in that office and that might earn her consideration for confirmation. I will be one of those to support her for confirmation as INEC chairman if she can perform very well. Interview by TEMITOPE OGUNBANKE

Erubami: Jega’s successor must be honest, committed Comrade Moshood Erubami is the president, Nigeria Voters’ Assembly

he appointment of Mrs Amina Zakari is in acting position, so one cannot say so much about her but for the fact that she has been part of the system as National Commissioner, we believe that she will be able to handle the situation until the substantive chairman is appointed. There are certain qualities that we expect from someone who will take over from Prof. Attahiru Jega. Such a person must be somebody who has capacity yo surpass Jega’s achievements; somebody who will have initiative to conduct credible, free, fair and legitimate elections in Nigeria. The appointment of Jega has raised the stake of election management in this country and it has created a wide gap for anybody that is coming to take over from him. In fact, Jega’s shoe is too large that any leg that will go into that shoe must be fitting. So, we accept the one that has already been appointed within the system to act in his place but not necessary as substantive chairman until and unless we know what qualities the woman possesses. I think what we need to emphasise is that the appointment of the person that heads INEC should be based on merit. It doesn’t matter where he or she comes from. What we need is vir-

Erubami

tues of courage, honesty, commitment, public service delivery and above all such a person must have

Appointment of the person that heads INEC should be based on merit. It doesn’t matter where he or she comes from

character and integrity. Once the person has all these qualities and has solutions to problems facing the nation’s electoral process and the challenges facing INEC itself, such a person will pass the test of appointment regardless of the ethnic or religious calculation or whatever. So, the complaint of the Peoples Democratic Party (PDP) has no basis; merit should be the basis. My advice to the acting INEC chairman is for her to show that she understands what Jega was made of and perform within the short time that she would be there. She might even become the substantive chairman. Zakari must show to all that she is capable of running that office. Being the first woman that will head the electoral body is the product of the maturity of

our polity and government. Government is now moving from government to governance and that is why merit is now scaling over all other considerations. So, the fact that she is a woman will put Nigeria in a better place if she will do all that is necessary to run that office like Jega did. The problems and challenges facing INEC are so high and Jega himself raised the bar of performance that it would be very difficult for just any person to occupy the position. But for a woman to be appointed means that they have done a lot of research on her capacity and quality of leadership. Her appointment is okay but she should manage the place very well without consideration for ethnic or sexual affiliation. Interview by TEMITOPE OGUNBANKE

Fasehun: INEC chairman must be unbiased Dr. Fredrick Fasehun is the national chairman of the Unity Party of Nigeria (UPN) and Founder, Oodua Peoples Congress (OPC)

think the nation must look for somebody with no bias; either religious, ethnic or whatsoever to succeed Prof. Attahiru Jega. We must also make sure that all the junior cadres in the Independent National Electoral Commission (INEC) are well screened to make sure that they did not precipitate the nation into any electoral crisis.

Fasehun

There are individuals in this country who can march the recommendations I just prescribed and that is what I expect

the country to do. The security operatives must also be involved in the exercise of appointing a new INEC chairman to make sure that whoever is coming to head the electoral body is clean and unbiased. There are 170 million Nigerians and at least one per cent of the population are credible for the position of the INEC chairman. Let the security operatives do their work and give their recommendations to the National Assembly and the president. I believe the INEC chairman must be non-partisan and not a card-carrying member of any political party in Nigeria. He who wants to come to equity must come with clean hands. So, he must be non-partisan. Interview by TEMITOPE OGUNBANKE

Politics

NEW TELEGRAPH FRIDAY, JUly 3, 2015

OPEN FORUM Mr. Ayo Opadokun is the Convener, Coalition of Democrats for Electoral Reform

...APPOINTMENT OF INEC CHAIRMAN

Opadokun: We must build institutions, not individuals

was not an ardent supporter of Prof. Attahiru Jega and there are two fundamental reasons for that. I remember that Jega was a member of the Justice Mohammed Uwais-led Electoral Reform Panel which made some vital, critical recommendations to government. The most important of the recommendations was that a sitting president should not be appointing the head of the electoral management committee. To illustrate that recommendation, it is like there are two football teams and one of the teams having the legal right to appoint the referee for the match. You know what the implication will be; it is like working to an answer. It is difficult for somebody to be unmindful of his benefactor and admirer that put him in office. So, because Jega was a member of the Uwais panel and he appended his signature to that recommendation, that was why I believe if he were to be a gentleman, he ought not to have accepted his appointment through any other means other than the recommendation which he signed. Secondly, in the circumstance that we are in, I think Jega’s re-

We are too interested in building a human soul at the expense of building institutions Opadokun

lationship with his predecessor then, Maurice Iwu, was too cosy. When Jega was the president of ASUU, Iwu was his deputy and when Iwu became INEC chairman, Jega was his consultant. So, I thought we needed to go through the serious recommendations of the committee because they rec-

ommended that every man or woman who wants to be a chairman of the electoral body should apply to the National Judicial Council (NJC). The NJC will now sort out the applications, select three and submit to the Council of State which is chaired by Mr. President. The Council of State

will now examine those three names and recommend one to the Senate for approval. The Uwais panel also recommended the inclusion of civil society groups, the Nigerian Bar Association (NBA) and the Nigerian Labour Congress (NLC) in that committee. With all these additions, some of us are of the opinion that we can have an independent electoral management team that will not be condescending to the whims and caprices of the executive officer. That is why I still persuaded that the best thing for our electoral system is to implement the Justice Uwais electoral panel report. We should utilise that report because it is best for Nigeria. We have this funny attitude of running our system awkwardly and that is why we are too interested in building a human soul at the expense of building institutions which has greater consequences. When you build institutions, you can go to sleep because the system will work and eliminate anybody who wants to come and preside over the electoral body. We have to build up the institution so that it can withstand whatever comes its way. Interview by WALE ELEGBEDE

Babatope: President should ease Zakari out if... Chief Ebenezer Babatope is a former Minister of Transport and member of the Board of Trustees (BoT) of the Peoples Democratic Party (PDP)

hope the newly appointed acting chairman of the Independent National Electoral Commissioner (INEC), Mrs Amina Zakari, is not the woman that worked with President Muhammadu Buhari at the Petroleum Trust Fund (PTF). I am not doubting the competence of President Buhari in appointing anybody into any office but if there is a linkage with the fact that the woman worked with the president before, it would only have shown that the woman may be tempted to be caught in this game of bias. I have a faint idea that the woman worked with the president at the PTF and if that it is true, she should be dropped and new person should be appointed as INEC chief. There is nothing wrong with the woman to have worked with

Buhari and I am not in any way undermining the integrity of the president, but INEC chairmanship is a highly sensitive one and whoever will occupy the post must be someone who cannot be accused of having any kind of bias. As far as I am concerned, the president has the right to appoint anybody. So, I am not quarrelling with President Buhari for appointing the woman. Immediately I heard about the appointment, I remembered that the woman is likely one of those that served with President Buhari in PTF. I served in a Peoples Democratic Party (PDP) committee in 2011, where the name of the woman was allegedly mentioned in connection with Buhari. But at that time, we didn’t flog it because she was not in control of INEC; Prof. C O N T I N U E D F R O M PA G E 1 3

And for Dr. Yunusa Tanko, chairman of the Inter-Party Advisory Council (IPAC), whoever will be chosen as INEC chairman should be somebody who is dispassionate and who will have the interest to serve the nation. “It is even good that this is happening now. This will make President Buhari, when he wants to appoint a substan-

Attahiru Jega was in charge. So, if it is true that the woman has ever worked with Buhari before, then the president should kindly ease the woman out so as to avoid the charge of putting a woman who could develop a kind of bias for him, his party or against the PDP. Anybody can head INEC. I am not saying the woman has done anything evil or the woman has been corrupted, all I am saying is that INEC chairmanship position is a highly sensitive one. I believe the new INEC chairman must be above ethnicity. The new INEC chairman must do what Jega did for many years until he collapsed in the last elections toward bowing down to ethnic feelings and consideration. Interview by TEMITOPE OGUNBANKE

Babatope

Furore over INEC chair tive INEC chairman, to look for someone who will be acceptable by all Nigerians and who will not be seen as partisan,” he told New Telegraph. Although there is no prove yet against Zakari, PDP’s protest against her appointment should be seen as a challenge. She can prove the party

wrong and prove to Nigerians that she is part of the INEC success team by ensuring, within the period she will be in charge, that she is a woman of integrity who is not ready to pander to any political interest. Even in acting capacity, Zakari has made history as

first woman to be appointed to superintend over the affairs of the nation’s Electoral Management Body (EMB). She can further make Nigerian women proud by discharging her duties with honour and integrity, and earn the accolade like other women who served in government before her.

16 News

FRIDAY, JULY 3, 2015 NEW TELEGRAPH

Buhari’s ministerial list ready soon, says APC Biodun Oyeleye Ilorin

he All Progressives Congress (APC) has assured Nigerians that the anxiety over nonappointment of ministers by President Muhammad Buhari will be settled soon. National Publicity Secretary of the party, Alhaji Lai Mohammed, who made the pledge yesterday during an interaction with newsmen in Oro, Kwara State, however, asked Nigerians to rise and ‘prevent’ some ‘reactionary forces’ he claimed were bent on sabotaging the current

regime. He did not mention names. Speaking at an annual Ramadan lecture in memory of his father, the APC spokesman also dismissed the ultimatum given to Buhari by the opposition Peoples Democratic Party (PDP) on the appointment of ministers. He said the demand of the PDP was at best a means of providing comic relief for Nigerians. “One should understand that when you win an election with the collaboration of so many forces and groups, you have to be extremely thorough before

making an appointment here or there,” he said. “I am very sure that in a few days’ time hopefully, the issue of ministerial list and appointment will be a thing of the past. “The PDP is revelling in its new found glory of opposition and we must indulge them. Honestly, the party is just entertaining itself and Nigerians. The honest truth is that you don’t give anybody ultimatum to appoint ministers. It is more in our own interest to appoint ministers or are we going to appoint anyone of them as our minister?” Mohammed also alleged that some forces were

working to sabotage the Buhari government. His words: “While Nigerians have made history by voting for the opposition to take over the reins of power from a ruling party that held sway for all of 16 years, they must now follow up by ensuring that the process of change which they brought about comes to fruition. And the best way to do it is for Nigerians to remain politically aware and engaged as they were in the run-up to the elections. “That simply means they must be willing to defend the change they voted for by continuing to

L-R: Convener, Women In Journalism (WIJ), Mr. Yomi Owope; General Manager, Access Bank Plc., Mrs. Ope Wemi-Jones; Publisher, Today’s Woman magazine, Mrs. Adesuwa Onyenokwe; Editor, THISDAY Newspapers, Ms. Ijeoma Nwogwugwu and Senator Chris Anyanwu, at a conference in Lagos…yesterday. PHOTO: GODWIN IREKHE

Osinbajo visits Adamawa IDPs, vows to end insurgency Chukwu David and Ibrahim Abdul Yola

ice-President Yemi Osinbajo yesterday visited internally-displaced persons in Adamawa State, assuring that the Boko Haram insurgency will soon come to an end. Osinbajo said his visit was based on the instruction of President Muhammadu Buhari. “I am here on the instruction of the president to do on-the-spot check on the physical situation at the Internally Displaced Persons (IDPs) camps, and to see the true situation and be sure of what exactly is going on. "Clearly, the state government is doing an incredible job. The National Emergency Management Agency (NEMA) is also doing an excellent job. “The next phase is resettling the displaced persons in their communities. That is the most important thing

in the next stage, and that is why I am here to understand the financial implication of that project; what are the material requirements, what the logistics will be, etc. “That is exactly what we are trying to work out; we are trying to see for ourselves how and what needs to be done in this next phase,” he said. Osinbajo said the Federal Government was committed to ensuring the return of the IDPs to their homes. He said: “The Federal Government is committed to ensuring that all those displaced return to their homes and as much as possible we are able to rehabilitate them, rebuild their homes, markets, rebuild the basic infrastructure that is necessary so that they can go back home and continue with their lives. “I have seen for myself and I have also had extensive discussions with stakeholders and I think I have a fair idea of what needs to be done.

“I am still going to come back as discussions are ongoing; we are not done yet, lot of plans are required. "Boko Haram terrorists have wreaked havoc across the nation, particularly in the North-East.” During his visit to Lamido Adamawa, Dr. Muhammadu Barkindo Aliyu Musdafa, and victims of the recent bomb blast at the Federal Medical Centre (FMC) as well as the NYSC IDPs camp in Damare, the vice president commended the state government for ensuring that the welfare of IDPs in the state were catered for. In his remarks, Governor Bindow Jibrilla thanked Buhari and Osinbajo for the assessment visit. He urged the Federal Government to urgently rehabilitate the affected Boko Haram victims. Meanwhile, President of the Senate, Senator Bukola Saraki, yesterday condemned the renewed incessant attacks against innocent Nigerians by the Boko Haram insurgents

especially during the holy month of Ramadan. Saraki also expressed deep pain over the death of six school children in Lagos, following a boat mishap that involved 14 school children who were being conveyed across Ojo to Irewe jetty. In a statement by the Special Adviser on Media and Publicity to the Senate President, Yusuph Olaniyonu, Saraki assured that the military authorities would do everything necessary to prevent the unwarranted attacks by Boko Haram from escalating. He commended efforts made so far by President Buhari to ensure that Nigerians were safe in all parts of the country, especially in the North-East. The President of the Senate expressed serious concern that the insurgents could let loose their suicide squad on a day Osinbajo was in Maiduguri, on behalf of the Federal Government, for on-the-spot-assessment of the situation of the IDPs.

support the government of President Buhari, while preventing the reactionary forces, who never voted for change anyway, from sabotaging this party’s change mantra, whatever is worth fighting for is worth defending. “The Buhari administration has the blueprint to tackle the problems

that have held down our country over the years, including those in the critical areas I have just spoken about. The government has worked out immediate, intermediate and long-term measures to ameliorate the challenges in all critical sectors, even in the face of paucity of funds.”

FIRS rakes in N1.84trn in six months CONTINUED FROM PAGE 4

According to Ogungbesan, the oil and gas sector, which forms the financial backbone of the economy, has not been doing well as a result of many factors, some of which are completely outside the control of FIRS. He said the crash of price of crude oil in the international market had continued on the downward slide until recently when it began to appreciate gradually, noting that the current price is $59 per barrel. He added that the agency recorded low revenue collection this year as a result of the general elections; delay in the passage of the 2015 budget, Boko Haram insurgency in the North-East, poor financing of the real sector by banks and decrease in consumption of goods and services. "Revenue collection

between 2012 and 2015 showed that 2015 is below the benchmark because oil is not doing well due to the structure of the economy of Nigeria. There are institutional rigidities that made this to be so," he stated. He also said the agency had no board to oversee its activities and this has made it difficult for the body to take certain critical decisions that would enhance its performance. In his remarks, Senate President Bukola Saraki tasked the agency to step up its drive to increase the non-oil revenues, particularly collection of taxes. He frowned on the country's dependence on revenue generated from crude oil sales, stressing that non-oil revenue is capable of making up for the revenue shortfalls recorded as a result of the drop in oil price.

I know INEC's problems, says Zakari Onyekachi Eze ABUJA

cting Chairman of the Independent National Electoral Commission (INEC), Hajiya Amina Bala Zakari, has stated that she knows the problems and challenges facing the electoral commission having been part of the process. Zakari, who spoke yesterday, however, assured that she will build on the successes of the former chairman of the commission, Prof. Attahiru Jega. "I must say a lot has been done to improve the electoral processes in Nigeria through the past chairman, Prof. Jega, and a lot more needs to be done. I must say it is like trying to reach an equilibrium because the bulk of the work has been done by former chairman, Prof. Jega, to bring the quality of changes to election management to a high level," she said. Zakari charged staff of the commission to put all hands on deck to improve on what Jega has done and the good practices he has left behind. She expressed the hope that they would be able to

achieve this pending the appointment of a substantive INEC chairman. According to her, the commission under her watch will improve where INEC seems to have failed or erred during the last elections. Zakari said: "Challenges cannot be envisaged because they come as the need arises. So, we tackle them as they come. Then, we try to sort out administrative and major electoral issues, which a lot has been put into. We just need to improve where INEC seems to have failed or erred during the last elections. “My assumption of office is just a continuation to what the former chairman has started. Basically, half of the Resident Electoral Commissioners (RECs) are on seat and half of the national commissioners are on seat; so we will deliver the best we can until a new commission is put in place. "We will continue working until a new commission is constituted. The job will continue; we still have the secretary, the directors and the commissioners. The commission will be doing what it needs to do."

Politics

NEW TELEGRAPH FRIDAY, JUly 3, 2015

Making Odigie-Oyegun a fall guy IYOBOSA UWUGIAREN argues that the crisis over the National Assembly leadership is a product of poor political planning and execution by the All Progressives Congress (APC)

s it true that some governors elected on the platform of the All Progressives Congress (APC) went to the National Chairman of the party, Chief John Odigie-Oyegun, recently and asked him to step aside? Right or wrong, this was the story some dailies and the new media celebrated recently. The gist was that the party governors, at a closedoor-meeting with Odigie-Oyegun, demanded his resignation for his alleged failure or refusal to ensure that the party’s candidates for the Senate presidency, Senator Ahmad Lawan and the House of Representatives speakership, Hon. Femi Gbajabiamila, won. Recalled that the two of them were humiliated on June 9 by Senator Bukola Saraki and Hon. Yakubu Dogara, who rebelled against their party and contested the plum positions, in spite of the party’s endorsement of Lawan and Gbajabiamila for the posts. The reported meeting of the governors with Odigie-Oyegun, which was said to have momentarily paused the National Working Committee (NWC) meeting of the party on Tuesday, June 23 when the governors arrived the national secretariat according to the report, did not last up to an hour. “The governors told the national chairman that he has to go. It was not a long discussion but a frank talk where the governors demanded the chairman’s resignation,” an insider was quoted as telling newsmen in Abuja. The state governors fingered in the political move include Adams Oshiomhole (Edo), Tanko Al-Makura (Nasarawa), Nasir ElRufai (Kaduna), Rauf Aregbesola (Osun), Abubakar Sani Bello (Niger), Abiola Ajimobi (Oyo), Atiku Bagudu (Kebbi) and Abubakar Badaru (Jigawa). In any case, whether it is true or not, the fact that the story was spin in some dailies is an indicator that some political forces may be working surreptitiously but dangerously to kick the 75-year old former governor of Edo State out of his office. If the story is credible, then, there is danger awaiting APC, a political party with little or no experience in the national politics organisation. As some analysts have observed, those behind this seemingly “treacherous and precarious” footstep might just be arranging ground for implosion of the party. It

would rather than halting the crisis enveloping the party, over distribution of leadership positions in the National Assembly, pushing it to a political logjam. The crisis in the National Assembly over leadership succession among APC’s lawmakers is what these political soldiers are hanging on Odigie-Oyegun’s neck in order to crucify him. Nothing more. Those in doubt should trace the genesis of the current Odigie-Oyegun-Must-Go song. It started when the national chairman called for support for the defiant new leadership of the National Assembly, against the Asiwaju Bola Ahmed Tinubu’s position that those APC lawmakers, who worked against the party’s position, should be punished. The national chairman may have spoken against the political forces that brought him to office but did he had any option – when he canvassed that position? The thinking of many political monitors is that Tinubu and Odigie-Oyegun ought to be working towards putting behind them the recent outcome of the inauguration of the National Assembly, which led to the election of Saraki and Dogara as President of the Senate and the Speaker respectively. The reasoning be that the political forces that stopped their preferred candidates from emerging were beyond them and very power. To be sure, some of Tinubu’s loyalists and political associates have secretly and openly canvassed that two strong political forces prevented their mentors from having his way on the contending matter. First, there were those who believed that the former governor of Lagos State was solely dictating the entire affairs of their party. And the other force comprises those around President Muhammadu Buhari, who rightly

Odigie-Oyegun

Why would the chairman... fix a meeting with APC’s lawmakers when their elections were billed to hold?

or wrongly calculated that unless they stop Tinubu now, he may be sooner than later becomes too power to control. And as a member of APC’s National Working Committee (NWC) recently stated, “There is no need calling for Odigie-Oyegun’s head or looking for scapegoat. Tinubu should blame himself for mismanaging the entire arrangement.” Even though those close to Tinubu had also exonerated him from the crisis, was there any alternative left to Odigie-Oyegun – within the circumstances he found himself as the national chairman of the party, before calling for support for the new National Assembly leadership? Were the leaders ready to start fighting themselves and start behaving like opposition? Were they going to take their members to court for expressing their rights in their choice of who lead them? Can nobody blame Odigie-Oyegun for not managing the process very well when according to insider, he was not carried along? Amidst the self-induced crisis rocking the party, the thinking by many political watchers is that it will serve the party right if the party leaders work with the new leadership of the National Assembly to make things very easy for President Buhari. Why not? The huge socio-political and economic challenges worrying the APC Federal Government couple with the huge electioneering promises made to Nigerians, are enough to make them close ranks immediately and start thinking about what to do in tackling the country’s mounting challenges. In the next few days or so, the president would be forwarding list of ministerial nominees to the National Assembly for approval and from experiences in the past, a divided

National Assembly cannot sit to do a thorough screening job. The issue at stake requires a deep thinking. The dynamic of the National Assembly politics, which is mostly dictated by huge different political and economic and sometime ethno-religious interests, make it very difficult, if not impossible, for the theory of party supremacy to prevail. Check it: Even though APC did not use the word zoning from day one in determining who gets what, leaders of the party had agreed that the President of the Senate should go to the North Central and that Senator George Akume should be their preferred candidate. A case for Akume was fair enough. Having been a Senate Minority Leader, it is natural that the party leaders would support him for President of the Senate. But the whole arrangement changed when Saraki joined the race and he was getting mileage. And in order to stop Saraki, it may be politically correct for Tinubu or anybody for that matter, to want to switch his or her support to another candidate – knowing fully well that both Saraki and Akume are from the same geo-political zone – North Central. And for those who insisted that Senator Lawan from the NorthEast should be supported, may be right after all. But at a point, it became very difficult for anybody to predict the direction of the 109 senators from different political parties. The true is that APC has failed to plan over the matter: Many of its members had claimed loudly that they were not carried along; that only one godfather was dictating the show and forcing virtually every other person tow his line. From the way the whole thing went, there was no proper coordination of the entire arrangement. The fact that two weeks to the inauguration of the National Assembly, Tinubu was alleged to still be forcing members of NWC to invite Senator-elects and House of Representatives members-elect for a briefing to see how they could present consensus candidates for the leadership positions of both Chambers was a sign of lack of good strategy on the parts of the party leaders. It may be correct to say that APC leaders were politically naïve not to foresee the reaction of PDP’s members and hawks, who were ambitiously waiting to capitalise on the divided APC’s members to strike. APC had no plan to stop their main rival’s strategy. Otherwise, why would the chairman, apparently acting on his godfather’s instruction, fixed a meeting with APC’s lawmakers when their elections were billed to hold? It was clearly a poor political strategy. And all the party leaders should collectively hold themselves responsible rather than planning to make their national chairman a fall guy. The crisis among APC lawmakers in the National Assembly is a product of poor planning and execution. APC must live with it and close its rank in the interest the people who may pay for the self-inflicted lingering crisis. Time for APC to start work is now.

FRIDAY, JULY 3, 2015 NEW TELEGRAPH

Opinion Ambode’s ambulatory Berger bargain Emissary EMEKA OBASI

emobas2003@yahoo.com 08094457557 (sms only)

ower is something I am trying to figure out. Like money it carries a lot of aura. The childhood friend of yore suddenly starts putting on airs, the beer parlour buddy downtown developes a swaggerring gait that leaves you abusing the gods and your star for leaving one behind. Many of us Africans easily get power drunk. We are no more the ordinary human beings that do every other thing that God perfected, no matter our position. A President bathes like every other human, there is nothing to hide. In sports you could say no holds barred. Even if the presidential loo was made of gold, oga must do it the way we all know. With all the Field Marshall Idi Amin Dada and CBE titles, Big Daddy could only sleep in one room. Emperor Jean Bedel Bokassa began by asking his soldiers to beat petty thieves to death but ended up stealing the country dry. When he died like the children of larceny, there was no royalty about his resting place. I want our new crop of leaders to learn from history and the recent past. All this idea of behaving like tin gods should stop. Very soon, the people will start meting out jungle justice . Governors and Local Government chairmen who fail to work could pay the supreme prize, disgraced publicly. Kidnapping, Yahoo Plus, Boko Haram evolved because of bad leadership. Lagos state governor deserves a medal from me for the bold move he made recently during a visit to Berger Bus Stop on the Lagos Ibadan Expreswsway. Apparently touched by the disturbing traffic, he promised to build a pedestrian bridge, not only to ease vehicular movement but to save hundreds of

lives that are wasted there every year. I will take this personal. I was so touched. Let me share this experience. All my life, I have crossed that road just once. That was in 2006, one Friday evening. I had heard so much about Redemption Camp and everything was done to drag me there. I gave thousands of reason why I could not make it. Somehow, a change of mind came and it was on the condition that I was not going to drive. I detested the madness that followed before ,during and after the very wonderful Pastor Enoch Adeboye, a very organised Man of God, set everyone praising the Lord. My decision to go by bus exposed me to near suicide. In the bid to cross from one side of the road to embark on the journey, I experienced what many people go through every day . It took me over 30 minutes to find my way across. Vehicles were speeding like in Formula One. You had to turn yourself to a Star of Midway, yes, better than a Speed Demon, to do that. When I arrived Redemption Camp, those who invited me shouted praise the Lord severally, happy that at last this stubborn Christian had come to the Holy Land. My own chant of praise the Lord was for a different purpose. To have made that crossing successfully from one part of Ojodu Berger Bus stop to the other was like celebrating the American landing in Normandy during the Second World War. This is almost ten years since that experience. You can imagine the number of souls that have perished, trying to cross that road. Most of our leaders drive past that deadly spot just like so many of them scattered in many parts of this country. It takes a man who has the interest of fellow human beings to discover that Ojodu Berger bus stop has no pedestrian bridge. Take a bow Akinwunmi Ambode, governor of Lagos state. This singular act has given me hope that you are not exactly what people say. I do not think it was the Jagaban that sent you on an errand to Ojodu Berger.And believe me, I will take you by your words.

To show that you are a complete gentleman, I want to see that pedestrian bridge as soon as possible. The number of lives you will save will be added to the one God has given you to sojourn on earth. According to Gov. Ambode,” we have seen that Berger needs a foot bridge and immediately the engineers are going to go to work and we will make sure that we put something there. We don’t want any traffic on that highway, so we are already thinking of additional solutions to allow vehicles to extend outside the highway. That’s an engineering work and is already considered”. One pedestrian crossing assured, many more to come. Mr. Governor, on behalf of other government sponsored suicide pedestrians in Lagos, I will do Oliver Twist. There are so many death spots in Lagos at the moment. Please forgive my language. If government could build roads and fail to provide a foot bridge, what do you expect pedestrians to do? They are doing just that, even better than Boko Haram bombers and Japanese Kamikaze pilots. I am a regular user of the Lagos Airport- Ikeja- Oshodi road. Tears flow from my heart. I always thank God when there is traffic, even as a driver. You see children and senior citizens trying to find their away across the road. Cement, Mangoro, under the bridge before you head towards the airport. It is only traffic jam that offers them a quasi pedestrian crossing. On a particular day, a mother was trying to cross with about five children. I noticed her from afar. The kids were in a hurry to dash across, no vehicle would wait. When I got so close to them , I had to halt right in the middle of the road. I was wrong but they had the right to cross the road alive. I remember one of my friends. It was like a movie. He had gulped more than his limit of vodka and the Russian spirit took control of him. When he alighted at Ijesha bus stop, he just strolled across the road. Vehicles were stopping for him. That was in the 1980s when Ijesha had no pedestrian bridge. Oga governor, please shine your eyes the more you will do even more for the good of all of us.

Aspartame: Revisiting concern for health Ebunoluwa Aberugba

lobally, there is a growing concern about the use of artificial sweeteners in foods and drinks produced in commercial quantities for human consumption across the globe. Of particular preference is the use of a substance called Aspartame, an artificial sweetener mostly used in carbonated drinks that cuts across ‘soft’ and alcoholic drinks. Unfortunately, the Nigerian consumers are not immune to the array of these drinks. Suffice to note that some of the manufacturers lay claim to the use of these artificial sweeteners such as Aspartame as a means for reducing the intake of sugar. While the intent may be applauded, could consumers of these products be getting sweetened with a possible bitter pill in Aspartame? Recently, some giant manufacturers have been under the searchlight on the use of some of these artificial sweeteners after a global outcry. Interestingly in Nigeria, the food and beverage producers have also had their fair share on claims and concerns on the use of these artificial sweeteners in their products, particularly Aspartame. In fact, a recently launched bitters drink claimed to have used this substance in its production. Aspartame is an artificial sweetener that is made up of two naturally occurring amino acids, which yield four calo-

ries per gram, which means that technically it is a caloric sweetener. However, because it is nearly 200 times sweeter than sugar, a mere 190 milligrams (190 milligrams ~1 calorie) of aspartame has the same sweetening power as almost 40 grams (160 calories) of sugar. Aspartame and other artificial sweeteners are primarily promoted to diabetics and those concerned about their weight. This despite the fact that artificial sweeteners have repeatedly been shown to produce the exact opposite effects: • Research shows that aspartame worsens insulin sensitivity to a greater degree than sugar • Artificial sweeteners have also been found to promote weight gain, in more ways than one Over time, artificial sweeteners have also crept into a wide variety of products not directly targeting diabetics and dieters. Artificial sweeteners are added to about 6,000 different beverages, snacks, and food products, making label-reading an ever pressing necessity. A lot of these foods and drinks are available in Nigeria for all to consume, but with what effect one may ask. Present in some soft and alcoholic drinks available in Nigerian bars, the use of artificial sweetener-Aspartame- has long been contemplated and studied by various researchers; with concerns being raised over perceived negative effects

when consumed by humans. Aspartame is one of the most thoroughly studied food ingredients in the world. Permitted for use in more than 100 countries worldwide, it is found in hundreds of products ranging from chewing gum to toothpaste, table top sweeteners, diet sodas, candies, salad dressings, and thousands of other products. Composed of phenylalanine (50 per cent), aspartic acid (40 per cent) and methanol (10 per cent), Aspartame is one of the most common artificial sweeteners in use today. Sold under various brand names, Aspartame is used in many foods and beverages. About 200 times sweeter than sugar, researchers have claimed Aspartame is responsible for headache, memory loss, mood changes, insomnia and depression. Over 75 per cent of adverse reactions to food additives reported to the Food and Drug Administration (FDA), USA concern Aspartame. Researchers from the University of North Dakota tested the safe limits of aspartame over a short period of time and found that at just one half of the FDA’s safe acceptable daily intake, aspartame caused serious neurobehavioral changes including cognitive impairment, irritable moods, and depression. According to the report “Participants were given three meals and two snacks for eight days. The food contained either high amounts of aspartame (25 mg/kg body weight/day) or lower amounts of

aspartame (10 mg/kg body weight/day). The researchers found that spatial orientation skills were significantly worse for participants after their high-aspartame diet than after their low aspartame period. Two participants also actually had clinically significant spatial orientation impairment after consuming high-aspartame diets. “In the North Dakota study, no students showed signs of depression after eating the low-aspartame diet. But the students became significantly more depressed after they consumed the highaspartame diet. And after consuming the high-aspartame diet, three participants showed signs of mild to moderate clinical depression.” A school of thought that believes that sweetened beverages, whether sweetened with sugar, high fructose corn syrup, artificial sweeteners, are among the worst culprits causing obesity and related health problems, including diabetes, heart and liver disease, just to name a few. However, ditching or reduction in the consumption of these types of beverages could go a long way toward reducing one’s risk for chronic health problems and weight gain. With these latest discoveries, the world is definitely faced with a new challenge of resolving the problem of getting sweetened with a possible bitter pill. •Aberugba is a nutritionist based in Lagos.

NEW TELEGRAPH FRIDAY, JULY 3, 2015

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ICC, Omar al-Bashir and war crimes

n July 14, 2008, the prosecutor of International Criminal Court (ICC), Louis Moreno Ocampo, accused Sudanese President Omar al-Bashir of war crime, genocide and crime against humanity. And on March 4, 2009, the ICC issued an arrest warrant for al-Bashir on counts of war crimes and crimes against humanity. It however said it had insufficient evidence to prosecute the Sudanese President for genocide. Also, on July 12, 2010, the court issued a second warrant containing three separate counts. Both warrants were delivered to the Sudanese government, thus making al-Bashir the first sitting president to be indicted by the ICC. In the two warrants, the court did not say al-Bashir actively participated in those crimes but was “suspected of being criminally responsible, as an indirect coperpetrator.” With this pronouncement, some international experts think the ICC did not have weighty evidence to nail the Sudanese President. Besides, the African Union, League of Arab States, Non-Aligned Movement and the governments of Russia and China opposed the indictments. Expectedly, Sudan neither recognises the warrants nor the ICC because it is not a party to the Rome Statute estab-

lishing the court. After the warrants were issued, al-Bashir had visited Egypt, Qatar, Chad, Nigeria, Kenya and of recent South Africa. None of the countries agreed to arrest him. This attracted condemnation from the ICC and Amnesty International. In June 2015, while attending an African Union meeting in South Africa, al-Bashir was prohibited from leaving that country while a court decided whether he should be handed over to the ICC for war crimes or not. He was, however, allowed to leave South Africa. This has strained the relationship between the ICC and South Africa. But al-Bashir described his indictment as “political issue and double standards, because

More importantly, if what is sauce for the goose, is sauce for the gander, the ICC cannot have different set of rules for Western rulers and their allies who commit heinous crimes against humanity

there are obvious crimes like Palestine, Iraq and Afghanistan, but (they) did not find their way to the international criminal court. “The same decision in which (the) Darfur case (was) being transferred to the court stated that the American soldiers (in Iraq and Afghanistan) would not be questioned by the court, so it is not about justice, it is a political issue.” On Ocampo, he said, “The behaviour of the prosecutor of the court, it was clearly the behaviour of a political activist not a legal professional. He is now working on a big campaign to add more lies. The biggest lie was when he said I have $9bn in one of the British banks, and thank God, the British bank and the (British) finance minister … denied these allegations.” In October 2013, several members of the African Union echoed the same sentiment calling the ICC “racist” for looking the other way when Western leaders or their allies committed crimes against humanity but show interest when African leaders are indicted for the same crime. The African Union asked the ICC to protect African heads of state from prosecution. However, crime against humanity is a serious offence irrespective of wherever it was committed. A situation whereby dictators kill and maim their own people is uncanny, inhu-

man and barbaric. Life is sacrosanct and on no account should political leaders toy with it. We believe any leader found involved in psychopathic callousness and inhuman treatment of humans deserves to be treated as a criminal to serve as a deterrent to other dictators. But this should not be devoid of due process and fair hearing. More importantly, if what is sauce for the goose, is sauce for the gander, the ICC cannot have different set of rules for Western rulers and their allies who commit heinous crimes against humanity. We make bold to say that a situation whereby the court dissipates energy on brutal African leaders but garlands despotic Western rulers or their allies will cast aspersions on its credibility. The ICC should guide against this. War may be necessary in pursuit or defence of vital national interests, like American statesman Robert MacNamara said in 1962. International Conventions do not have separate rules for a President who kills innocent Iraqis on trumped up charges and one who fights his own people. We condemn war criminals as much as we fault the selective method of determining the skin colour or continent of those that should face trial for the same offence that leaves a few walking tall across the globe.

DAILY TELEGRAPH PUBLISHING COMPANY LIMITED Managing Director/Editor-in-Chief

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Politics

FRIDAY, JUly 3, 2015 NEW TELEGRAPH

Why I changed my name, by Fani-Kayode Former Minister of Aviation and Director of Media and Publicity of the Peoples Democratic Party Presidential Campaign Organisation, Chief Femi Fani-Kayode, speaks on his travail and acquittal by the court on Wednesday over money laundering charges

am delighted, humbled and relieved by this verdict. In the last seven years, I have been subjected to the most malicious, vicious, sinister, well-orchestrated, insidious and devastating form of political persecution and wickedness. The whole process almost destroyed my life, my family, my reputation, my health and my career.

I thank God for his goodness, his mercy and for the fact that today, the whole nightmare has finally come to an end. Initially, I was accused of stealing N19.5 billion of public funds when I was Minister of Aviation. It was thrown out by the courts. Then I was accused of stealing N6.5 billion. It was thrown out by the courts. Then I was ac-

Fani-Kayode

cused of laundering N200 million. It was thrown out by the courts. Then I was accused of laundering N99 million. It was thrown out by the courts. Finally, I was accused of laundering N1 million and N1.1 million re-

spectively, and today, both of these charges have also been thrown out by the courts. I wish to thank the Nigerian judiciary for dispensing justice in an honest and God-fearing way and for refusing to be intimidated by anyone or guided by anything other than the evidence presented before them in this case. They dispensed justice with candor and fairness, and throughout the proceedings, they were fair to all, honest, courageous, professional and true. I thank them for refusing to send an innocent man to jail and for refusing to allow themselves to be used as tools for personal and vindictive vendettas or political persecution.

This gruesome ordeal started seven years ago and throughout that period, it was grueling and difficult. They took seven years from me but they couldn’t break me or end my life. It was a very difficult period for both me and my family which came with enormous and unimaginable challenges, yet from day one I never doubted that I would be vindicated because God had assured me of it and I know the God that I serve. He never lies and He never fails. When the ordeal began seven years ago the Lord ministered that it would last for seven years but that in the end, I would be declared innocent, I would be vindicated and I would

be delivered. Again, he honored his word because the whole nightmare started on 1st of July 2008 when I was arrested in the premises of the Nigerian Senate after the public hearing on the N19.5 billion Aviation Intervention Fund. I was cleared of any wrongdoing in the administration of that fund by the Senate Committee on Aviation yet despite that, immediately after the sitting before the Committee, I was abducted and arrested in an unceremonious and shameful fashion and locked up by the Farida Waziri-led Economic and Financial Crimes Commission (EFCC) for 10 days and charged to a magistrate court in Abuja. Today, the 1st of July 2015, seven years to the day from that day when I was first arrested and first put into detention, I have been discharged and acquitted of all remaining charges by the courts. As a mark of honor and respect for the Lord and as an everlasting testimony of my love for and dedication to him, I wish to make it known to the Nigerian public that as from today my name will be changed. It will no longer be David Oluwafemi Fani-Kayode but instead, it shall be David Oluwafemi Olukayode. Olukayode means “the Lord has brought me joy” and today he has done precisely that. As from this day, in honor of him and as a small tribute to my love for and total dependence on Him, that shall remain my family name. Once again, I give thanks to God for all that has happened to me and for this great deliverance. To him be all the glory. I swore that I would not leave the shores of Nigeria until this matter was finally brought to an end and the courts had pronounced my innocence. That was seven years ago. I kept faith with that oath and it gives me pleasure to tell you that now that the whole ordeal is over I shall be leaving the shores of my beloved country for the first time in seven years for a short holiday and a long overdue medical examination. They not only threw the whole book at me but also the entire kitchen sink but the Lord was with me. I stood on His words in Isaiah 50 v.7-9 and I never faltered or doubted Him even in the most difficult times. Now they know that I serve a mighty God who never forsakes His own. I thank the media for their constant support and attention and I thank the millions of Nigerian people that chose to believe in me and to keep faith with me throughout this ordeal. Once again, I give thanks to the Lord. God bless you all.

NEW TELEGRAPH FRIDAY, JULY 3, 2015

Media

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Proposed merger of ministries stirs division in the tourism house

CULTURE

Echoes of Olusola’s legacy of service Moses Kadiri

hree years after his demise his fond memories lingers. He left a remarkable legacy behind. There are many good reasons to remember Ambassador Segun Olusola, the creator of Nigeria’s longest running television drama, The Village Headmaster; his impact is still felt today in the culture sector. He was a man of culture. At a ceremony held at his Ajibulu Moniya Gallery, Babs Animashaun Estate Extension, Surulare, Lagos to commemorate the cultural icon and his African Refugee Foundation (AREF), at 22, his fond memories come alive. The guests comprising Chief Dr. (Mrs.) Opral Benson, Otunba Yinka Lawal-Solarin, Chike Ofili, Charles Origa, Bayo Adesoye among others poured encominum on the man who was the first Africa Television producer when he was with WNTV (now NTA Ibadan), and his cherished Foundation, AREF which is devoted to the management of the root causes of Refugees and internal displacement. Poet, biographer, Ofili made the guests moved almost in tears with his poetic rendition of “We The Displaced, Of our Native Belongings”. He said what refugee, displaced person are mostly denied off is their native belongings, and culture. “But Olusola did all for refugees when he had not all the resources to do so. He will not submit nevertheless to a dangerous and militating condition,” he noticed. “The man that we are remembering today did so much for displaced people. Displacement is not only territorial migration, it is not just our social value, but also for our ambitions on how we do things and the consequences we had to bear for our

The late Amb. Olusola

TONY OKUYEME Arts Editor tony.okuyeme@newtelegraphonline.com

actions,” he notes. Ofili added “We have been displaced from the culture of our performance; we have been displaced from the culture of proper behaviour, doing right and learning to doing right. Today we are continually displaced from performance in government, personal life, and organizations,” he reveals. President of AREF, Mrs. Benson, in her presentation highlighted that over the years, political cohesion, insurgency and terrorism remain a devastating

scourge threatening global peace. “It has become glaring that when tensions escalate, there is the tendency for upheavals to develop and for local inhabitants to seek a more secured environment. Internal displacement is a direct product of the refugee phenomenon which has created complex political, economic, cultural and environmental issues affecting millions of people worldwide,” she said. She emphasized that African Refugees Foundation canvasses

for a change for a better degree of equity and justice. Mrs. Benson disclosed that conflicts needs to be halted at early stage before it generate into a full blown wars. “This is the time to act before the scourge causes further havoc to humanity. Our experiences in Burundi, Liberia, Sierra-Leone, Tunisia, Libya, Egypt, Nigeria says it all. We the displaced cannot afford to fold our arms. We have to genuinely and constructively engage and challenge our politicians before, during and after elections whenever they err to uphold the tenets of good governance.” She enjoined every individual to come together to fight and support the noble course that AREF is doing. “Let us join hands together and give humanity a helping hand,” she advocates. United Nations Peace Builder’s Scholarship Award recipient Mr. Francis Origa delivered a lecture on the theme, We The Displaced. He said displaced people are one of the most disadvantaged groups in the world. He reveals that they are either forced to leave home due to widespread conflict, violence, political repression, ethnic persecution, or natural disaster, “this group struggle to meet the basic needs of life...the vast majority of displaced people come from the developing world, but they resettle all over the globe,’” he said. Speaking on ways to eradicate the menace, Mr. Origa disclosed that every individual must begin to cultivate the habit of promoting the culture of peace and unity within ones environment “peace is an alternative to violence and violence is a major contributing factor to displacement and refugees.” He however urged every individual to resist any form of violence. “Violence begins in the minds of people and it is the same people that peace is constructed. l hereby wish to make a clarion call to everyone to take peace education to various constituencies, and to remind those who sponsor and benefit from violence and war in the name of religion, politics and ethnic differences to stop doing so. Greed and grievances are the major reasons why our leaders push us into conflict,” he said. Over the years AREF has also used dramatic tool, Theatre for Development in preaching peace, intolerance and war using, songs and dances. Among the plays include Segun Sofowote’s The Arbiter and Prof. Bakare Ojo-Rasaki’s Drums of War, among others.

Arts

Tony Okuyeme

omen stakeholders in the Nigerian cultural industries were unequivocal in noting that the nation’s proud cultural assets have over the years been trampled on by the social elites by promoting foreign cultural brands at the expense of products made by Nigerian cultural industries and to the detriment of the country’s creative economy. Rising from the first congress of the newly formed Congress of Women in Cultural Industries (CWICI) held on Tuesday June 30th, 2015, in the Conference Room of National Institute for Cultural Orientation (NICO), National Theatre Annex, Lagos, the participants observed, “with dismay, how the political leadership and social elites have trampled on Nigeria’s proud cultural assets over the years by promoting foreign cultural brands at the expense of local products made by Nigerian cultural industries and to the detriment of the country’s creative economy”. The participants therefore agreed that the CWICI will not only seek to articulate varied and genuine concerns of women in culture but will aim to become the respected umbrella body with different categories of membership and

FRIDAY, JULY 3, 2015 NEW TELEGRAPH

From women stakeholders, renewed voice for cultural sector a cogent voice for all women active in the cultural industries of Nigeria. According to the Director of NICO Training School, Mrs. Bridget Yerima, the Congress of Women in Cultural Industries (CWICI) is a veritable platform to create awareness of activities of women in the culture sector in order to optimize the opportunities for wealth creation and increased productivity from the abundant cultural resources of Nigeria. Dr. (Lady) Gloria ChumaIbe, a Director with Centre for Black African Arts and Civilization (CBAAC), expressed her belief that the newly formed body of women in culture will tremendously benefit many women especially the younger generation of female culture stakeholders. This is also the point of view of many other participants of this first congress that attracted many attendees from the Federal and States Culture Agencies and culture based organizations at the directorate level.

Participants at the first congress of the newly formed Congress of Women in Cultural Industries (CWICI)

Hollywood partners Nollywood as Tempting Fate premieres Tony Okuyeme

ll is now set for the official release of Tempting Fate, a stunning and riveting film movie. The release comes after the film’s success outing at this year’s edition of Pan African Film Festival, held at the prestigious Rave Cinema in Hollywood, and at the USA Indie Fest. The star studded movie shot in Califonia, USA, using state of the art technology and supported by Panavision, RED, produced by KevStel Group Productions, will premiere on Friday June 10, 2015, at Silverbird Gallery, Victoria Island Lagos. “Tempting Fate will be released by Silverbird Film Distribution (W.A.) Ltd., in top quality theatres in Nigeria. The highly talked about and “must see” film will be a great addition to the family entertainment this July,” the organisers of the premiere stated in a statement. Featuring Hollywood stars, Dan Davies, Kimberly Kral, John J Vogel,Tiffany Denise Turner, Andrew Onochie and Nollywood star actor, Ramsey Nouah among others, “Tempting Fate” is directed by Kevin Nkem Nwankwor (KNN), Hollywood director with Sulekh Suman as Director of Photography. Tempting Fate tells the story of two brothers, Ugo, played by Ramsey Nouah, and

Edu, portrayed by Hollywood actor Andrew Onochie. Ugo finds the life of crime appealing and is encouraged to do so by Scorpion, the gang leader, characterised by the much acclaimed Hollywood actor Dan Davies. Edu is the calm and devoted Christian brother of Ugo, who is afflicted with a life threatening illness. The film also features John Vogel in an amazing performance as Detective Travis; and Tiffany Denise Turner as Tracey, Edu’s girlfriend, along with many other exceptional actors and actresses. Meanwhile some of the major players in the movie and the entertainment industry are expected to grace the premiere on Friday 10th June, 2015 at Silverbird Gallery, Victoria Island Lagos. Beginning on Friday July 17, 2015, “Tempting Fate”

A scene in Tempting Fate

will be screened in various cinemas across the country and in Ghana. The cinemas, they further stated, are: Silverbird Cinemas, Galleria,VI V/island Lagos, Silverbird Entertaiment Centre Abuja, Silvebird Cinemas, PortHarcourt Port-Harcourt, Silverbird Ceddi Plaza Abuja, Silverbird Cinemas, Ikeja Ikeja, Silverbird Cinemas, Uyo Ibom Tropicana, and Silverbird Accra Mall, Ghana, Silverbird Weija,Ghana, Silverbird Cinemas,Warri, Genesis Deluxe Cinemas Lekki Lekki Lagos, Genesis Deluxe Cinemas, Port-Harcourt, and GenesisDeluxe Cinemas Enugu. Others are Ozone Cinemas Yaba, Kada Cinema Benin, Film House Lagos Surulere Lagos, Film House Calabar Calabar, Film House Heritage Mall Ibadan, and Film House Samonda Ibadan.

Boju Boju photo-installation exhibition in Lagos

xhibition of Boju Boju photo-installation by young Nigerian Photographer, Ayo Akinwande opened to the general public on Saturday June 27, 2015, at The Osh Gallery, Herbert Macaulay way, Yaba, Lagos. The exhibition, which runs till tomorrow, Saturday July 4, explores the concepts of perception, duality, and the multifaceted layers of the human reality. Taking its roots from Oro festival of the Yoruba traditional culture, the Boju Boju game is an adaptation of Hide and Seek. Akinwande cleverly winds these overlapping themes into a maze, highlighting the focal points of a social spectrum and addressing salient phenomena and maladies which seem to have attained the status of normalcy. He attempts to wade through an ideological trajectory and pose questions which situate the viewer in the same scape. Akinwande uses of a wide array of props, chief of which are

selected West African masks. In an attempt to engage the viewer in the game, the entire exhibition is stretched on a 100 Meter canvas. The photographer, whose initial works are hinged on the performative, exploits the same process as he employs a number of nude models to illustrate his narrative.” A trained Architect who graduated from Covenant University, Akinwande, in his journey to creative freedom, found expression in the art of Photography and has since sought to expound his expressive and thematic scope. His work focuses on the performative possibilities of everyday life; drawing his props from the same palette. He strives to recreate surreal experiences which he believes through keen observation can be traced in memory and reality. He addresses social issues with the use of satire - while holding a light to interpersonal relationships.

Media 23

NEW TELEGRAPH FRIDAY, JULY 3, 2015

Journalists should seek excellent reportage, says Igbokwe Casmir Igbokwe is a multiple award-winning journalist who is now the CEO of Today’s Publishing Company, publishers of the Union Newspaper. Having worked as a reporter, a correspondent and an editor in different national media, he is in a good position to talk about the journalism profession in Nigeria. EBERE AMEH had a chat with him where he harped on the need for self-development and professionalism by the practitioners. Excerpts What is your impression of the Nigerian Media vis-à-vis, their counterparts in developed countries? Nigeria has a robust media industry that can compete with any other one anywhere in the world. The media in the country has also produced great writers and newsmen. People like Segun Osoba, Peter Pam, Ernest Ikoli, Dele Giwa and many others, were fine Nigerian journalists we are always proud of. However, the current situation in the country with regard to media practice calls for sober reflection. In most cases, professionalism has been sacrificed on the altar of sectional or political leanings. Some media houses identify with some ethnic groups. Some identify with some political groups. The major casualty in this case is objectivity and truth. This calls to serious question on the role of the media as the fourth estate of the realm. The point is, journalists are a part of the society and they are not immune from the ills plaguing the Nigerian society. We have done well but we need to do more. How can the plight of the Nigerian journalists, especially on the issue of non-payment of salaries, be ameliorated? If you look at the media industry today, only very few media organizations are doing well. The majority are merely striving to survive. As a media executive, I know that it is not easy to meet up fully with the welfare of staff considering the current realities in the country. Things are generally hard. Federal and state governments are even owing salaries. Advert revenues are dwindling for some organizations. Having said this, let me also note that it is criminal for those who are making money but refuse to pay workers. Journalists should devise ways of surviving the hard times. Journalists abroad write books. Why can’t our own journalists do same? Unfortunately, most of us don’t even write well. Should there be checks against publishers that make money but owe his staff? I believe the Nigerian Union of Journalists is in a better position to fight for the interest of journalists. But workers should do their own bit first. A lot of reporters are lazy these days. They only concern themselves with press releases and press conferences, but expect to be paid at the end of the month. Some advert executives don’t do much as well. In some organizations, some people who call themselves advert executives don’t get any adverts for months and yet expect to be paid. Where do you expect the publisher to get money and pay when revenue is dwindling? It’s a

earth-shaking stories, people will be forced to read. What’s your assessment of the Nigerian media’s coverage of the just concluded elections? Nigerian media did relatively well in the coverage of the elections. But there are some drawbacks here and there. For instance, some media organizations showed some partisan interests. This, probably, was because of the ownership of such organizations. As the saying goes, he who pays the piper calls the tune.

Igbokwe

dicey situation, but for those companies that are making money but fail to pay, workers should either quit or ask for their rights.

Some of the best journalists in this country did not go through journalism school. It’s not about the type of degree one has, but it’s about the character and intellectual depth of the individual

The NUJ is described by many as a clique. Do you think they have failed the journalists, especially in fighting for their rights to a decent and regular wage? There is a limit to what NUJ as a union can do. They cannot force a media organization to pay workers. They can only appeal and fight for the interest of journalists only to the extent that the media organization has money to pay. If there is no money to pay, the NUJ will do little or nothing. What is your take on the myriad of publications that are churned out every day in Nigeria? The world should be a market place of ideas and information. That is why many countries, including Nigeria, have passed the Freedom of Information law. But that does not mean people should publish falsehood against others. That is where the law comes in. Your freedom stops where another person’s own starts. People should learn to seek redress when their rights are infringed upon. The online publications can be accessed on phones and other gadgets and are taking over the media space, affecting the traditional print media. What’s your take on that? When television also came, it

was thought that it would affect the fortunes of radio. But today, the radio has its audience just as the television and the newspapers. In the same token, online publications appear as if they will soon send the traditional newspapers into extinction. But I don’t think that will happen. Readership for the traditional newspapers may have dropped, but it will not die. Traditional newspapers have their values just as the online publications have their own values. A lot of lies and rumours are published online, but the traditional newspapers do more investigations and crosschecking of facts before publishing. Besides, someone may want to keep the hard copy of a newspaper for reference purposes. To that extent, the newspaper as we know it today is not going to die. Many believe that poor reading culture and poverty are affecting the circulation of newspapers. Do you subscribe to that? What in your opinion is the way out? To an extent, yes. For a lot of people, their major concern is how to put food on their table. Buying newspapers for them is a luxury. Some go to newsstands and read free of charge. Poor reading culture is also a problem. The current generation is impatient. Nobody wants to waste his time reading serious stuff. They prefer to go to Facebook and Instagram. The way out is for newspapers to do more of investigative reports. When you publish exclusive

What’s your take on the incursion of people of other professions into journalism? Could that be the reason for the poor reportage that many complain about? Some of the best journalists in this country did not go through journalism school. It’s not about the type of degree one has but it’s about the character and intellectual depth of the individual. Although I always advise journalists who do not have degree in journalism to update themselves, it is never a reason for the poor reportage we experience in the profession. Some of the worst mistakes are even made by those who passed through the journalism school. On the brown envelope syndrome and journalism in Nigeria, would it be right to describe it as corruption? Does it have any effect on effective reportage? Of course the brown envelope syndrome is corruption and it colours the reports of many reporters. I was in Nnewi recently for a business meeting with the Chairman of Innoson Motors. There, I met a photojournalist from a national newspaper who took shots of the meeting. I gave him my email to forward the pictures to me but he never did. I suspect that it’s because I didn’t grease his palms. Soliciting for money to publish a news item is very wrong and condemnable. It lowers the reputation of the reporter and the medium he is representing. It is against the ethics of the profession. Some media organizations even take it as a cardinal sin and usually sack whoever is caught doing that. What is the way forward for the profession and the practitioners? The way forward is for practitioners to get more serious with their job. A lot of journalists write horribly and do not in any way strive to improve on their trade. Let us up our game. Let’s first seek the kingdom of good education and excellent reportage, and every other thing shall be added unto us.

Tourism

FRIDAY, JULY 3, 2015 NEW TELEGRAPH

Proposed merger of ministries stirs division in tourism sector Andrew Iro Okungbowa

ince the news of the proposed merger of the Ministry of Information with that of the Ministry of Culture, Tourism and National Orientation broke, stakeholders and operators in the tourism industry have continued to express mixed reactions over the proposal. While a few of them score the proposal high, many others think that it may just be the death knell of tourism, which despite the huge and diverse potential of the country’s tourism resources and its ability to provide the largest numbers of employment, has continued to be a beggarly industry while the ministry since its creation in 1999 has grossly under performed. A failure many of the industry people and observers blame on the ineptitude of the various ministers that have superintendent the affairs of the ministry and a largely deficient and poorly skilled bureaucracy. Therefore, to many of them, the solution to changing the fortune of the industry and that of the ministry is not necessarily merging it with another ministry in whatever guise, especially that of information which is also saddled with nothing less than eight parastatals just as the tourism ministry. What is needed to revitalize the ministry and the industry is the appointment of a level headed and proven profession with the appropriate exposure and understanding of the economic interplay and dynamics of a tourism led economy, which they argued is what Nigeria needs at this time of global downturn in the oil industry, a main stay of its economy. Mr. Lade Jemi Alade of Jemi Alade Tours and Associates, Nigeria’s leading ground tour operator, sees the merger differently; as he said that it is a salutatory development that could work well for the industry if properly managed. “The merger is a welcome development as it will help the tourism sector to constantly be in focus of government. Information sector is perhaps what is needed to promote and market tourism in Nigeria to the outside world with the attendant benefit of growth in Foreign Direct Investments. “However, a lot of effort must be taken to choose the appropriate personnel that would lead the new ministry since tourism as an industry can hardly thrive under the present government bureaucratic dispensation. Tourism requires seasoned technocrats and professionals to run it successfully,” he said. For the Chairman and Chief Executive Officer of Empire Travels and Tours Limited,

Kano, Mr. Ahmed Ojuolape, it is not advisable to sanction the merger, as he said that, “considering the number of parastatals, departments and agencies under the two ministries, it is not advisable. It will only create unemployment and unnecessary long protocol in the administration of the ministry. For a country known for difficult administrative bottlenecks, it might amount to a clog in the wheel of progress”. Besides, Ojuolape further adduced the following reasons to justify his stance: “It will definitely draw back the modest development in the tourism industry because the long chain of command will be a bottleneck to tourism development; the right thing to do would have been to merge some unviable MDAs under these ministries and rationalise the departments under them; “Tourism should be next to oil in terms of foreign exchange earnings for Nigeria hence the emphasis should be on initiatives to developing tourism looking at other countries of the world such as Turkey and United Arab Emirates (UAE). We can model ours to these countries’ innovations. Istanbul is now a hub and look at how many flights Emirates and Etihad have in and out of Nigeria on daily basis. It is capital flight to our detriment.” According to Mr. Shola Ilupeji, a tourism expert, the proposal only underscores the government and nation’s misconception of the tourism industry. ‘‘Because government has no knowledge of the role tourism sector plays in a national economy like ours even despise the revelation that the service sector is one of the present drivers of the economy. The government has not widely consulted on this and this is also not entirely government’s fault. It is because the private stakeholders have failed to take the opportunity created by the administration of former President Obasanjo’s government for tourism over the years,” he said, adding that “for an administration that wants to create three million jobs in a year tourism must be the main driver. He said, “This administration must be told that tourism means-job creation, trade, development and sustainable development. Tourism should be in the front burner and mainstream the sector into all economic developmental strategies of this administration. “How would the rural areas of this country be developed if the focus of this government is not on tourism? Tourism means focus on local economy development, the government should be told that tourism means agriculture, education, security, environment, works, finance, sports, health, foreign

Art and craft on display

Ehanire

affairs, defence, trade, industry “The head of the management team of Ogba Zoological Garden, Benin City, Mr. Andy Ehanire who is also a seasoned tourism practitioner and advocate, said thus: ‘‘Tourism is unarguably one of the most diversified and technically complex Ministry of the lot, but so far, it has been near impossible to get the right material to fit its leadership. “We have seen too much of those with tunnel vision claiming to be experts; and those who cannot fathom the complexity of the industry becoming Minister. With any merger, we will likely see more misfits scrambling for the top job”. For him, merging the two ministries may not be a bad idea. “However, I have no issues with merging both ministries if the tail is not made to wag the dog. In which case, tourism should remain the main ministry in any merger, with Information as an appendage, just like National Orientation. “Those to be at the helm should be those who can set a transformation agenda with an action plan that can resonate at the community/grass-

Jemi-Alade

roots level. Not those who waste all their tenure and all our time on cosmetic issues like we have seen all these years, with huge resources being expended without tangible results. Such was Edem Duke’s (immediate past minister of tourism ministry) tenure whereby he always carried a shady agenda that left stakeholders permanently in the dark, yet presided over huge expenditure with so much motion but no movement.” Ehanire who is also the secretary general of the newly formed Nigerian Association of Zoological Gardens (NAZG) submission is that: ‘‘What should be uppermost is to do a Technical Audit of the Ministries in the merger to see those Parastatals who have no sufficient achievements, so as to downgrade same to mere Directorates, if we really must trim down at all cost.’’ For some members of the Federation of Tourism Associations of Nigeria (FTAN) who also voiced their views, it is best that government weigh the merger seriously. “It would be better to be merged with commerce as we were before a separate ministry was cre-

Ojulolape

ated in 1999. Since Ogbuewu left in 2007, the ministry has not justified its creation,’’ said one of its officials. “For me, whether there is a separate ministry or not for our sector, what matters are three fundamentals. After all most countries we all travel to have a Department of Tourism. Anyway, the first set of basic requirement is listed in the position paper. Second is a focused group of policy makers and managers both at the government level and in the private sector. Then thirdly is creating a true tourism culture. Our people are yet to imbibe the service before reward philosophy. A simple smile and ‘thanks for coming’ is difficult to express. So, let’s not be in a hurry to vilify the government,” so declared another official of the federation. While another said that, “we have had Tourism Ministry under Information, Commerce and Industry and many more in the past. But given the urgent need for alternative economic focus from oil economy, it is important that tourism be given priority in terms of government commitment and all the funding needed.

NEW TELEGRAPH FRIDAY, july 3, 2015

25 Comedy

Ali Baba and his ‘50 Don’ts’ @ 50

Entertainment Mercy Aigbe pregnant with third baby 26

Wizkid: How GLO outbidded MTN to sign the Starboy 26

Hollywood’s biggest breakup of the week: And the winner is- Bennifer! 28

sony neme

Editor, entertainment sony.neme@newtelegraphonline.com

Peller’s son: A different kind of ‘magician’ S

hina Peller has picked up from where his late magician father stopped. But his idea of magic is turning around showbiz and nightlife enterprise. Need we remind you that during Professor Abiola Peller’s reign, he was arguably the most brilliant magician in Africa? He performed not only before princes, but also held kings awestruck with his magic. With a remarkably starting touch of poise and class, in 2013, Shina Peller announced the arrival of his nightclub, Quilox, located at Victoria Island, Lagos. Since its inception, the disco has become a constant spot where major activities in showbiz take place, including the “Industry Nite” where artistes and stakeholders gather every Wednesday. This appears to be like magic in a way if one looks at the stiff competition in the nightlife industry and the fact that it was introduced not quite long. Quilox simply attracts the nouveau riche. Speaking with New Telegraph, Peller describes Quilox as a dream project that he conceived out of an obvious need for a place with style, luxury and class for high-earned customers. “I travel a lot and I have seen how night clubs are run in other countries. I noticed that we are behind in Nigeria and the standard is poor here. So, I decided to replicate what I had seen in other places, hoping to make a big impact and here we are today. But to run a nightclub, you should be ready to spend money to put things in

Peller

His father, the late Moshood Folorunsho Abiola, otherwise known as Professor Peller, remains Nigeria’s most enigmatic magician in recent history. But Shina Peller, an upwardly mobile showbiz personality would not ply the same trade that shot his father to fame. Though in entertainment as his iconic father, Shina’s phenomenal emergence seems to be resting the reign of Kenny Ogungbe, Dayo Adeneye, Frank Okamigbo, Louis Priddy, Guv’ Ken Olumese, Obi Asika among others in both showbiz and nightlife business. OLUSHOLA RICKETTS writes. place. If you put what a business requires, it would definitely yield a bountiful result. “Before I started Quilox, I visited other clubs in developed countries. I searched for the 10 best nightclubs in the world and I decided to see them with my eyes. It was one of the reasons it took me so long to put Quilox together. The whole project started in 2011 and it took over two years before we came on board. Quilox is a purpose-built nightclub; it is not a house or an office that was renovated to accommodate a club by breaking some walls and installing sounds and light. We knew what we wanted from the beginning. And the location is one of the factors that make it unique,” he states. But the introduction of Quilox was just a tip of the

iceberg. Shina Peller has other ideas for showbiz. Recently, he unveiled his record label company, Aquila Records with three artistes, Baseone, Que Peller (his brother) and Tilla, the son of the Alaafin of Oyo. At the unveiling ceremony some weeks ago, Peller said he had made up his mind to invest more in music. His words, “of course, I believe we can actually make a difference and big impact. We are set to give opportunities to the young and talented by showcasing their talents. As it is, we are unveiling this record label today, but it is not what we can actually do on our own. We would need the support of everybody to drive the change we require for the growth of C O N T I N U E D O N PA G E 2 8

The late Prof. Peller

Entertainment

FRIDAY, JUly 3, 2015 NEW TELEGRAPH

Jidenna joins Snoop Dog, others in Sony Music’s ‘Week 26 Radio Delivery’ igeria’s Jidenna joins Snoop Dog N and others in a historic Sony Music’s ‘Week 26 Radio Delivery’. Jiden-

na’s Classic Man (Remix) featuring Kendrick Lamar, is off a Wondaland Records compilation project called The Eephus, due for release on August 14. According to Sony Music, “Signed to Janelle Monae’s Wondaland Records the Nigerian artist teams up with Kendrick Lamar for a remix of his single ‘Classic Man’. This beat isn’t really Kendrick’s style ordinarily, but the man is nothing, if not versatile... notes HotNewHipHop on Lamar’s verse feature. Others in the week’s radio delivery are, ‘California Roll’, which is the opening track of Snoop Dogg’s 13th album, Bush. Produced by Pharrell and featuring Motown legend, Stevie Wonder on voice, keyboard and harmonica, the single is as smooth as you would expect from this trio and serves as an ovation to the LA medical-marijuana program. In the music video is a 40s movie theatre that gets taken on a vision of the afro-futurist days to come, complete with flying coupes and robotic pyramids. It’s a sunshiny blast of absurdity, according to Stereogum. There is also Chris Brown’s Liquor (Clean), “As a surprise treat for his fans last weekend, Chris Brown released his new urban track, ‘Liquor’. The single will be on his seventh studio album album, due for release later in the year,” our source explains. Elle King is a Brooklyn-based singer riding high on the success of her shimmering and sassy single ‘Ex’s & Oh’s’ from this year’s full-length debut Love Stuff . In the US, the single is currently Top 10 at Alternative and number one at AAA! Just inside the top 40 at HAC. Canada is not letting the US have all the fun. It is a Top 30 single and the song is number six at Modern Rock and just charted at Pop! George Ezra’s catchy single ‘Cassy O’ is back in anticipation for his upcoming tour to South Africa! The English singer-songwriter rose to prominence with the release of his hit single “Budapest” from his debut studio album Wanted on Voyage. The album was released on 30 June 2014 and reached number one in both the UK and South Africa.

Wizkid: How GLO outbidded MTN to sign the Starboy

nderstanding how much influence Ayo Balogun a.k.a. Wizkid still wields with his towering career, to say one was shell-shocked to receive the news that telecoms operator, MTN refused to renew his contract, as a brand ambassador is to understate the obvious. You dropped Wizkid for whom? We later found out that the young man wasn’t merely relieved of that role; some money matters had preceded MTN’s decision to let him go. Though both companies had declined comments on the development, the songster has been welcomed to the Glo family. From all indications, it was a clear case of the “highest bidder getting the deal”. A statement by Wizkid’s management team, led by Sunday Are, has shed light on the ‘porting drama’ which has been topical on social media since last week. ‘Wizkid said Globacom is a brand he had admired for a very long time, considering its strong persona and its very massive impact and image in the entertainment industry in Nigeria…Globacom is huge in my industry and I see the evidence of the company’s commitment to improving the industry and the lives of its practitioners everywhere I turn. To be honest, it’s been a dream to have a working relationship with the Glo brand. An opportunity to turn this dream to reality came, and I took it.’ And in case you think he has no words for MTN, which many expected the highflying young man to remain, you are wrong. ‘It’s an incredible blessing to be sought after by arguably Nigeria’s two most powerful brands at the same time. My decision to go with Globacom this time is not an act of spite against MTN. I simply seized an opportunity to move from yellow land to greener pastures,’ he said.

Wizkid

Mercy Aigbe pregnant with third baby N ollywood actress, Mercy Aigbe-Gentry, is on the ninemonth course again. The elegant stallion, married to Lagos hotelier, Lanre Gentry, is carrying baby number three and this is authoritative. It may well interest you to know that Mercy the Theatre Arts graduate of the University of Lagos and owner of an upscale super mart, MAG DIVAS, is in her second trimester. Her last son, Juwon, the only child she has with her husband in wedlock clocked five years a few weeks back.

She has a teenage girl from a failed marriage before she met her knight in shining armour. However, Gentry has also been in and out of affairs, which had produced four girlsthe reason his joy knew no bounds upon Juwon’s arrival. The Edo-State born mother of two will be joining the fad to have her baby in the United States of America.

Mercy-Aigbe

Snoop Dog

Entertainment 27

NEW TELEGRAPH FRIDAY, july 3, 2015

Ali Baba and his ‘50 Don’ts’ @ 50

Alibaba

he name, Ali Baba, who was born Ali Baba Atunyota Akpobome is synonymous with comedy. So, it came natural when the Agbarha Otor, Delta State-born clown, popularly known as the ‘King of Comedy’ in Nigeria, turned 50 on June 24. At the golden age, it is worth celebrating as the Religious Studies and Philosophy graduate has, through guts, sacrifice and creative dynamism carved a niche for himself as a comedian of note for both corporate and non-corporate events. To celebrate the august occasion in June, the first son, after several girls, of a retired soldier, reeled 50 don’ts that anybody who wants to make it in the entertainment indus-

try must learn. A route he took to has transformed the face of the comedy industry in Nigeria; just as takes credit for investing heavily in the life of virtually all Nigeria’s comedy heavyweight in so many ways. The comic, took to Instagram to list 50 things that could kill an artiste’s career as part of his 50th birthday celebration series. These are: 1. Not understanding the business 2. Failure to research 3. Poor financial management skills 4. Charges and discounts 5. Pride and arrogance 6. Expensive Lifestyle 7. Taking game changers for granted 8. Bad health

9. Peer pressure 10. Lack of quality education 11. Wicked contracts 12. Failure to take risks 13. Not matching up to competition 14. Not networking 15. Failure to weigh consequences of decisions 16. Wanting to be everything 17. Hangers on who don’t build or contribute, but only take 18. I have arrived 19. Side chicks 20. Indian hemp 21. Complacency 22. Bad PR 23. Rent 24. Baby momma 25. Facing the future with old ideas 26. Stingy and selfish 27. Can’t think for themselves and won’t pay someone who can 28. Not IT compliant 29. Keeping up appearances 30. Lack of integrity 31. Bad company 32. Bad habits 33. Alcohol 34. No self-confidence 35. Bad belle journalists 36. Wrong advices 37. That stalker you said NOOOO! To 38. Beef, aka jealousy 39. No set goals 40. No mentors and role models 41. Karma 42. Afowofa 43. No career review mechanism 44. Poor choice of life partners 45. Waiting for someone to make you a success 46. Weak upbringing 47. Home trouble 48. Unnecessary rivalry 49. Controversy 50. Lack of a structured industry

Chocolat Royale reopens one month after closure

ou thought after the sinister news of expired edibles from Chocolat Royale, the spot will be eternally shut down? Same here. But the development suggests everything is not as it seems. Following the closure of the numero uno confectionery, Chocolat Royale Cafe on Etim Inyang Crescent, Victoria Island, Lagos by operatives of National Agency for Food and Drug Administration and Control (NAFDAC), the outfit is back in business. The famous cafe was shut on Wednesday, May 20, 2015 for allegedly selling expired food products, but the latest update on the one-month old case is that it’s been reopened.

Entertainment

FRIDAY, JUly 3, 2015 NEW TELEGRAPH

Hollywood’s biggest breakup of the week: And the winner is — Bennifer! H

Working magic with showbiz C O N T I N U E D F R O M PA G E 2 5

the music industry. We have set up a platform where talented Nigerians can come forward. We would examine what he or she has and see how we can position such person in the industry. This is an exciting time for the industry, as I have made up my mind to support young Nigerians. I see a bright future.” One of the label’s artistes, Baseone, relieves his excitement to New Telegraph, saying music used to be tough for him. He narrates, “If you grew up in the place I grew up (Oshodi, Lagos), you will know that life is not easy. It has been a long walk, but I thank God I am here regardless of the challenges I had faced. I now have a team, which is Aquila Records and they are ready to project me to the world. I have been waiting for this opportunity and I feel it even came late because I have been working hard all my life for this. But they say good things come at the right time and my experience has developed me as a person. So, I would say I am happy this opportunity comes now because if I had it then I would probably have made some terrible mistakes. But now, I am more experienced and I cannot make some mistakes. Baseone explains that Que Peller, Shina’s brother, introduced him to the label. But, according to him, it was beyond the introduction because he had to convince the Qilox boss that he was exceptional. His words, “He agreed to invest in me when he saw what I was capable of doing. He believed in my ability and saw that I could achieve great things with music. I had tried to work under other labels, but there was always a missing factor. They could have the structure, but limited capital to run the label because music is expensive. In some cases too, there might be problem of management or they don’t believe in the kind of music one does. But Aquila Records believes in my brand and they have the capital to push the brand. It is also a label that brings out the best in a singer. I have really worked hard for this and

I believe this is my time to lead the industry. Promoting my music alone was never easy, but now I have a team. Music is now a major thing for me and this is a major breakthrough. I have no excuse anymore.” He describes Peller as a great person and fun to be with, adding that he thinks about business and how the common man relates with what any of his artistes brings on the table. “Before the team approves anything one does, it has to go through his consent and he has been around the entertainment industry for a while. His experience is very important to the growth of artistes on the label. I am just an artiste, but he is introducing me to the business part of music. With him, I feel that I have a good guardian.” The graduate of Lagos State University intends to take his music far and wide. And music, to him, is something he cannot live without. “Provided I am getting money from music and positive response, I would keep doing music. Also, you should expect videos and new collaboration with A-list artistes. I have done a song with K-Switch, D’banj’s younger brother and I am working on a song with Wande Coal. I get my inspiration from God and the street. In my music, people should expect me to talk about my life and where I was coming from.” Baseone advises young musicians who are struggling to keep doing their best, adding that anybody can attain success with prayer and hard work. “They should try to pay attention

to details, people and everything around them,” he states. For Que Peller, music has always been part of him since he was tender. “Each time my late dad performed on stage, music was always played. I grew up hearing music. My father was the type who loved to move around with his children. So, I was always around music once I was with him. I feel it was there I started developing interest for music.” He says he started as a rapper, but later drifted to Afro pop. Acknowledging that there are a lot of artistes, he insists, “Even if I believe in a song, the label won’t allow it to see the light of the day if they think it cannot make any impact. My voice is unique, so I feel that is an edge I have. No one can be like me. I understand that we have artistes with good lyrics, if you get to hear my lyrics, you will agree that I have a lot to offer.” Though the label was introduced last year, it is yet to make any meaningful impact. The recent official unveiling was expected to kickstart activities in the label. Can Peller translate the success he had recorded in the nightspot business to managing a record label? Over the years, many record labels had come and go, while some just exist in black and white or on papers. The legendry Kennis Music is a good example. Though it is still there, for a while now, the label has not been able to produce superstars. At a point too, we used to have Storm Records owned by Obi Asika, but it has gone into extinction. How about 9ice’s Alapomeji, ID

ollywood couple, Ben Affleck and Jennifer Garner have been married since 2005 and have three children between the ages of three and nine. And when they make this manner of statement: “We go forward with love and friendship for one another and a commitment to co-parenting our children,” you could tell how bonded this duo has been. Affleck, 42, plays Batman in the forthcoming Batman v Superman film. Garner, 43, has had roles in Juno and Dallas Buyers Club. Affleck has enjoyed success as both an actor and director. He won an Oscar for best screenplay for Good Will Hunting in 1997, which he wrote with Matt Damon and another for best picture in 2013 for Argo, which he starred in and directed. Garner, a successful actress, won a Golden Globe for her role as CIA agent, Sydney Bristow, in the TV series, Alias. The estranged couple became quite an item shortly after meeting on the set of Daredevil in 2003, in which they both played superheroes. They married two years later in the Turks and Caicos Islands and their 10th wedding anniversary was on Monday. These past years, it has appeared their most blissful experience until the final straw that broke the camel’s back. Sources close to the couple say the divorce is amicable and they will share joint custody of their children. It is reported Affleck will continue to live on the couple’s property in a separate house and that the pair will work through their separation with a mediator. Garner had a previous, four-year marriage to actor Scott Foley, with whom she appeared in the TV series, Felicity. They separated in March 2003 and finalised their divorce a year later. Affleck’s former partners include Gwyneth Paltrow and ex-fiancé Jennifer Lopez. The couple became known in the press as “Bennifer”. The strains in what seemed a conjugal bliss began to manifest last year when Garner told InStyle magazine her marriage was in a “mindful” stage. “You can’t expect to be courted all the time, and I don’t want to court him right now - I don’t have the energy. But we’re definitely in a very mindful place where we’re making an effort to be together, do things at the same time and be loving.” During an acceptance speech at the Oscars in 2013, Affleck referred to their marriage as “work”. While collecting the best picture award for Argo, he said to Garner: “I want to thank you for working on our marriage for 10 Christmases. It’s good. It is work, but it’s the best kind of work and there’s no one I’d rather work with.” “After much thought and careful consideration”, the couple have asked for their privacy to be respected at this “difficult time”. They added: “This will be our only comment on this private, family matter. Thank you for understanding.”

NEW TELEGRAPH FRIDAY, JULY 3, 2015

Labour

Nigeria’s unemployment rate same with US, UK, France, says Rewane

Agric Concerns over N660bn smuggled poultry products

Business What's news

Rice exports to Nigeria may take a hit on currency woes Non-basmati rice exporters fear that the currency crisis in Nigeria could pull down shipments of the grain by up to a tenth this year, India’s The Hindu newspaper reported yesterday.

p.30

MainOne to increase investment to N120bn

MainOne, a telecommunications and data services company in West Africa said it had invested $300 (N60 billion) million in the last five years of its operations in the sub-region, even as it planned to double the investment to $600 million (about N120 billion) in the next five years.

Divisional Head, Service Management, Keystone Bank Limited, Nduka Mba-Uzoukwu and Managing Director, Diamond Bank Plc, Uzoma Dozie, at the Card Expo Award 2015 in Lagos, where Keystone Bank won the Best Achievement in Customer Service,

INVESTMENT

Nigeria’s Automotive Industry Development Plan promotes local assembly of vehicles

p.30

The Business Desk Ayodele Aminu

Deputy Editor (Business)

Bayo Akomolafe

Asst. Editor (Maritime)

Sunday Ojeme

Asst. Editor (Insurance)

Tony Chukwunyem

Asst. Editor (Money Market)

Dele Alao

Industry & Agric Editor

Dayo Ayeyemi Property Editor

Adeola Yusuf Energy Editor

Wole Shadare Aviation Editor

Chris Ugwu

Capital Market Editor

Bayo Akomolafe

he implementation of the second phase of the auto policy on imported used vehicles, which was expected to commence last Wednesday, has been postponed indefinitely by the National Automotive Council (NAC), New Telegraph has learnt. This is the fourth time in one year that the execution of the policy will be postponed. It was first shifted from July 2014 to January 2015, April 2015 and subsequently to July 1. Director General of the Council, Aminu Jalal, said that

Council halts policy on used vehicles the implementation of the 35 per cent levy would be on hold until the appointment of new minister by President Muhammadu Buhari. He said: “We have to wait for the minister to come. As far as I know, the ministers are not around. When the new minister of finance comes, we have to brief the person on what we are doing, explain the policy and why we are doing it. The minister will then take up the issue. He has to give the order before it can be implemented.” Former President, Dr. Goodluck Jonathan, had approved the Nigeria Automotive Industry Development Plan in 2013 to promote local assembly of

vehicles and limit importation of cars. Jonathan had slammed an additional levy of 35 per cent, bringing the total tax to 70 per cent from 20 per cent. Former Minister of Industry, Trade and Investment, Olusegun Aganga, had said that the policy was aimed at discouraging importation and encouraging local production of vehicles. While the new duty rate

8,000

Total number of vehicles discharged from Lagos ports in January 2015

and additional levy had since been applied on imported new cars, importers of fairly used cars had been exempted from paying the levy. Just last week, the senator representing Bauchi South Senatorial District, Alhaji Ali Wakili, pledged to champion the reversal of government’s automobile policy, which led to an increment in tariff on imported new and fairly used vehicles. Already, the policy had generated mixed reactions with commercial road transporters and some businesses questioning it. But government defended CONTINUED ON PAGE 30

Abdulwahab Isa Finance Editor

Kunle Azeez

Senior Correspondent

Chuks Onuanyin Energy

Nnamdi Amadi Reporter

Johnson Adebayo

Asst Production Editor

Rates Dashboard INFLATION RATE May 2015.................................9% April 2015................................8.7% March 2015.............................8.5%

LENDING RATE InterBank Rate....................12.57% Prime Lending Rate...........17.93% Maximum Lending Rate...26.83%

EXCHANGE RATE (BDC as at Jun 26)

USD . . . . . . . . . . . . . . . . . . . . . . N226 Pounds . . . . . . . . . . . . . . . . . . . N350 Euro . . . . . . . . . . . . . . . . . . . . . . . N247

l Foreign Reserves – $29.029bn as at 25/06/2015

Source: CBN

EXCHANGE RATE (Interbank as at Jun 26)

USD . . . . . . . . . . . . . . . . . . . . . N200 Pounds . . . . . . . . . . . . . . . N307.65 Euro . . . . . . . . . . . . . . . . . . N223.50

Business | News

DECELERATE Shipments to Nigeria have slowed down Sunday Ojeme

on-basmati rice exporters fear that the currency crisis in Nigeria could pull down shipments of the grain by up to a tenth this year, India’s The Hindu newspaper reported yesterday. Nigeria, one of the big importers of Indian non-basmati rice in Africa, recently stopped dollar sales to importers of rice and other commodities in the country, to protect its dwindling forex reserves and boost domestic cereal production. “There are confusing signals from Nigeria and shipments have slowed down. In fact, the Nigeri-

FRIDAY, JULY 3, 2015 NEW TELEGRAPH

Rice exports to Nigeria may take a hit on currency woes an move on forex sale to exporters will affect rice shipments of all origin. We expect it could impact our overall shipments by about 10 per cent this year,” said BV Krishna Rao, Managing Director of Pattabhi Agro Foods, a

large exporter. Nigeria is one of the largest buyers of parboiled rice and it is estimated that Indian exporters account for close to half of the 2.5 million tons that it imports. The bulk of the Indian rice sold to

Nigeria is through global traders such as Platinum Corp and Louis Dreyfus. Some shipments are routed to Nigeria through countries such as Benin. A fall in the local currency, naira against the dollar, along with the

sharp decline in crude oil prices and the change in government have impacted rice imports. However, payments have not been hit as Indian exporters route their shipments through global traders. The new government

in Nigeria headed by President Mohammadu Buhari, is yet to approve rice imports. “It is (only) a matter of time before they open up. The stocks are down and they’ll have to import. Ultimately the demand will come up,” an official at a trading house said. Back home (in India), the drop in demand from countries such as Nigeria has not impacted paddy prices as the Government has procured more crops this year.

Council halts policy on used vehicles CONTINUED FROM PAGE 29

the policy in 2014, saying that the implementation was already working positively for the country as some vehicle manufacturers had either started or stated their intentions to start assembling vehicles in the country. Since Nigeria mooted the auto policy, the Republic of Benin has been a major beneficiary. For example, the total number of vehicles discharged from Lagos ports has dropped to 8,000 units in January 2015, from 27,000 units in January 2014. This 63 per cent decrease is an indication that Nigeria’s automotive policy has begun taking its toll on car imports. Chairman of Seaports Terminal Operators Association of Nigeria (STOAN), Dr. Vicky Haastrup, had explained that some government policies on importation were affecting the volume of cargo handled at ports. “It must be noted, though, that in the first half of 2014, the volume of vehicles imported was extremely high in anticipation of the introduction of the new duty regime on vehicles. The average number of cars and vans imported for previous years was in the range of 20,000 units per month.” She also explained that in the Cotonou port, the total number of cars and vans discharged in January 2015 was 30,000 units, as against 20,000 units discharged in January 2014. This represents a 50 per cent growth.

L-R: Head, Corporate and Enterprise Sales, Smile Communications Nigeria Limited, Mr. Chiekezi Dozie; Relationship Manager, Retail Marketing, First Bank Limited, Shomolu, Mr. Kayode Osolaja; Business Technology Analyst, Venture Garden Group, Mr. Tomiwa Adebayo and Managing Director, Smile Communications Nigeria Limited, Mr. Michiel Buitelaar, during a connected lifestyle forum by Smile Communications Nigeria Limited in Lagos.

BOOST The new investment would boost the firm’s Internet access in Nigeria and other West African countries

Kunle Azeez

telecommunications and data services company in West Africa, MainOne, said it had invested $300 (N60 billion) million in the last five years of its operations in the sub-region, even as it planned to double the investment to $600 million (about N120 billion) in the next five years. This was disclosed by the company at a media briefing organised in Lagos to mark its fifth anniversary of leadership in transforming the region’s Internet landscape. Speaking on the company’s five-year milestone, the Chief Executive Officer, Ms. Funke Opeke, said that the firm in the next years would work towards deepening its infrastructure deployment to provide wide range of services to corporate and government establishment in the West African sub-region. Opeke, while discussing the

MainOne to increase investment to N120bn evolution of the company, recalled that MainOne initially started as a submarine cable operator to becoming a fullservice business-to-business communications services provider. “Within its five years of operation, the company has made further investments in growing directly and through partnerships in its fiber terrestrial network and Point of Presence (POPs) across the region and opened a Tier III Data Center, MDX-I, which was first of its kind for the region in Lagos earlier this year,” she said. She explained that since inception, MainOne’s objective has been to bridge the digital divide in West Africa and to become the preferred provider of wholesale Internet services and enabler of online business within the region. Opeke said that MainOne has achieved this with services delivered to seven countries in West Africa and an impressive list of over 500 major telecoms operators, Internet Service Providers (ISPs), government agencies, large enterprises,

and educational institutions in the region on its network. “Today, MainOne has the region’s highest lit capacity on its submarine cable, and is the leading Internet transit provider in West Africa, interconnected with the London Internet Exchange (LINX), Amsterdam Internet Exchange (AMIX), Nigerian Internet Exchange (IXPN) and the Ghanaian Internet Exchange (GIX).” She said that these achievements have opened up new business opportunities for indigenous enterprises and positively impacted employment generation. Her words: “Despite the challenges we face in this region, predominantly a dearth and high cost of infrastructure, we are excited about the future prospects in the broadband market and are determined to remain consistent in our resolve to bridging the digital divide between Africa and the rest of the world”. Chief Finance Officer, MainOne, Mr. Babatunde Dada, said that the company has helped in achieving 100 per

cent Internet growth in the last five years. In achieving this, Dada explained that MainOne has deployed over 7,000 kilometer of submarine cable, built the new generation Internet Protocol (IP) network and built 300 kilometer terrestrial fibre metro rings in Nigeria, among others. He also noted that till date, MainOne is serving over 350 corporate customers, cutting across telcos, oil and gas and other sectors in the market today. “Specifically, over 16 of the 23 banks are being serviced by MainOne. We are also in insurance and I can tell you that since we started operations five years ago, we have only recorded five per cent customer churn out or customer loss,” he stated. In Nigeria, Dada said that MainOne currently has services deployed in 30 states of the federation while the remaining six states and the Federal Capital Territory (FCT) would be connected in the next 30 days.

NEW TELEGRAPH FRIDAY, JULY 3, 2015

Youths urged to exploit skills, talents for livelihood’ p.32 CATEGORY Statistics categorised into age, educational level, gender and place of residence Sunday Ojeme

nemployment figures reeled out by the National Bureau of Statistics (NBS) for the fourth quarter of 2014 and the first quarter of 2015, have placed Nigeria in the same category with developed countries at the end of the first quarter of 2015. Financial Derivatives Company (FDC) headed by Mr. Birsmack Rewane, made this known in the highlight of his monthly bulletin with the theme: ‘Beyond the Unemployment Figures.’ He said that the new classification by the NBS aimed to strike a balance between Nigeria’s underemployment reality and the International Labour Organisation (ILO) framework. He said: “Typically, a developing country suffers from an underdeveloped labour market with low skills, low wages and low job availability. However, with this shift, Nigeria’s unemployment rate of 2014 Q4 of 6.4 per cent and 2015 Q1 of 7.5 per cent is comparable to developed countries such as United States, United Kingdom and France, which had rates of 5.4 per cent, 5.5 per cent and 10.30 per cent respectively at the end of the first quarter of 2015. “The ILO framework assesses unemployment as the number of people who work for less than one hour per week, who want to work, are available to work and are actively seeking employment. If the NBS were to adopt the ILO’s definition, Nigeria’s unemployment rate would be 2.1 per cent, suggesting a flourishing and wholesome labour market, which is far from the reality. “On the other hand, Nigeria’s old methodology identified the unemployed as those between the ages of 15-64 years who work for less than 40 hours per week, but are seeking work and are in a position to assume paid employment.” He described the reclassification as a welcomed upgrade from the previously unrealistic thresholds, which required a minimum of 40 hours per week to be considered employed. The expert, however, said that the change in measurements had potentially swung the pendulum too far the other way, leaving Nigeria with an overly optimistic and unrealistic picture of the labour market. According to him, it neither treats the main issues that cause unemployment nor contributes information to the understanding of the causes and

Labour

Nigeria’s unemployment rate same with US, UK, France, says Rewane consequences of unemployment such as poverty and inequality. This ineptitude arises from the narrow definition of unemployment that excessively focuses on the hours of work and under emphasises the quality of work in its measurements and analysis. The NBS labour paper in which the revised statistics where published categorised the unemployment statistics into age, educational level, gender and place of residence (urban or rural). Rewane pointed out that these statistics did not adequately reflect the segmentation of the labour market and the resulting disparities in income level. He added that while the unemployment rate might be a satisfactory reflection of the formal sector, it presents a highly inadequate explanation of the existing dynamics in the informal sector. “In truth, the Nigerian labour market is largely dominated by the small-scale and largely self-employed activities in the production and service sectors, specifically food production and sale, wood-work, furniture making, garment making, welding and iron works, trade, transport, repair services, and household or other personal domestic services. “The unavailability of jobs in the formal sector and the low skill level of workers force many into the informal sector. With an absence of national unemployment benefits and entrepreneurial nature of Nigerians as an alternative source of income, coupled with the will barely permit anyone to remain idle. The average Nigerian is likely to engage in some form of work for the purpose of making ends meets, regardless of whether it fully utilises their skills or whether the wages match their skill level.” Besides, he noted that low wages oblige most to work longer periods to earn a higher income. “It is therefore a coping rationale of individuals in a harsh economic environment. Regardless of the subsistent wages they earn and the low productivity (relative to skill) they possess, such workers are labelled as ‘employed’ because they meet the benchmark man hours of 40 hours per week,” he added. He also observed that underemployment existed when a person’s employment is inadequate in relation to specified norms or alternative employment. According to him, it not only refers to the number of persons in employment who are working fewer hours than they would like to, but also includes those engaged in employment

not commensurate with their occupational skill (training and working experience). He said: “Under this definition, many of those who meet the NBS’s 40-hour requirement for the full-employment classification would, in fact, be categorised as underemployed. “Underemployment is perpetuated by a growing inflation of educational requirements on job descriptions. For example, it is not uncommon for a driver position to now request an OND

certificate. At the same time, there continues to be narrow growth levels of high-skilled positions. As a result, educated job-seekers are pushed into underemployment while lesseducated or uneducated potential workers are forced out of the formal job market entirely.” On the way forward, he advised the new government to look beyond the figures in their dealing with unemployment. “To stimulate adequate employment, government should

employ a comprehensive approach that combines both demand and supply side policies. In general, these policies should involve revamping the education sector and boosting the economic performance of the country. While such solutions may not instantaneously lead to more and better jobs, they will create a complimentary environment for the development and improvement of the labour market situation in the long run,” he noted.

Chief Executive Office/CEO, Airtel Nigeria, Segun Ogunsanya and the Representative of UNICEF in Nigeria, Ms. Jean Gough, during the U-Report MoU signing ceremony between Airtel and UNICEF held in Lagos.

Hayatudeen appointed as DACE 2015 chair Kunle Azeez

s preparations for the hosting of the 2015 edition of the Digital Africa Conference & Exhibition slated for July 20-23 at the International Conference Centre, Abuja, intensifies, organisers of the event have announced the appointment of renowned banker and economist, Mallam Muhammed Hayatudeen, as chairman of the three-day event. Themed: “Expanding African capacity for digital technology,” this year’s edition of Digital Africa Conference & Exhibition is expected to address broad range of topics aimed at broadening Africa’s IT capability. One of such topics is ‘Wearable Technology’, which is the next big revolution that will transform the way people live. Wearables are devices that can be worn by the user but are intended to interact

with the wearer without holding keys or other form of manipulations. In a statement by the Chairman of Digital Africa Global Consult Limited, organisers of the annual show, Dr. Evans Woherem, the company expressed delight that Hayatudeen “whole-heartedly accepted to chair this international event where astute veteran speakers will explore and pontificate on emergent technologies that can boost the socio-economic development of Africa.” The statement noted that insightful and thought-provoking presentations and discussions on contemporary and futuristic technology concepts are featured in this year’s highly stimulating thematic sessions at the Digital Africa Conference & Exhibitions. Mallam Muhammed Hayatudeen is remembered more as the first Nigerian

bank managing director to turn around a sick and dying financial institution. Hayatudeen used his wealth of experience in 1992 to transform the hitherto dormant Federal Savings Bank (FSB) into a thriving commercial bank. His effort led to the establishment of the now defunct FSB International Bank. He is acclaimed as one of the moving spirits behind the Nigerian Economic Summit that has set the agenda for restructuring the Nigerian economy and putting it on a firm foundation while the Nigerian Economic Summit served as a precursor of the Vision 2010 where Hayatudeen also played a prominent role. As an entrepreneur, his most laudable offering is the new Mall in Kano that hosts great international shops such as Shoprite. The Mall is making waves in Kano and thereby helping to ginger up economic activities in the ancient city.

Business | Labour

FRIDAY, JULY 3, 2015 NEW TELEGRAPH

Youths urged to exploit skills, talents for livelihood ROLE Parents must help discover uniqueness in children Stories by Sunday Ojeme

anaging Director, Honeywell Flour Mills Plc, Mr. Lanre Jaiyeola, has advised Nigerian youths to put their talents and skills to judicious use in order to live better life. Jaiyeola made the declaration during a cooking competition organised for corps members by Honeywell at the

National Youth Service Corps (NYSC) orientation camp in Lagos. While encouraging them to exploit their skills to the maximum, he said that the competition was to reiterate the company’s commitment to ease youth restiveness by contributing immensely to government’s efforts to tackle unemployment in the country. He said that besides encouraging young graduates to embrace entrepreneurship, the company had instituted a platform where they are recruited and taken through 18 months training programme to make them better future leaders. He said: “These are young graduates and, to a large ex-

tent, most of them would want to gather some work experience. For those of them who study courses that can enable them quickly settle into their own thing, if Honeywell is in a position to support them, we will do just that.” Prior to the cooking competition, Jaiyeola had restated the company’s continued support for the youths in discovering themselves to be more useful to the society through talent development and skills acquisition. He said that being the leaders of tomorrow, it was essential for parents to help bring

out the unique talents in their children with a view to equipping them to be able to take advantage of future opportunities. He noted: “At Honeywell, we have a number of programmes aimed at developing young adult, developing the youth and children. Not only do we have a brand that is targeted at children, but beyond that, for us, there is never a prize that is too much to pay. “Working with children is amazing. It is amazing to know the kind of thought that pass through their minds, it is amazing to know that children

sometimes know so much that you can never imagine. “So, for us at Honeywell, there cannot be a better time than now to work with these set of young and upcoming children who are leaders of tomorrow.” He reminded the youths that the modern day economy is driven largely by handworks exemplified in small and medium enterprises, stressing that unemployment would reduce considerably if youths shunned the quest for non-existing white collar jobs and rediscover themselves by tapping into their creative talents and innate abilities.

AIICO gets new director he Board of AIICO In- when he joined as Chief InT surance Plc, a leading formation Officer (CIO). provider of insurance soDuring this period, he lutions, has announced the appointment of Babatunde Fajemirokun as Executive Director of the company. He was, until his recent appointment, according to a statement, the Chief Operating Officer (COO) of the company. Fajemirokun is responsible for AIICO’s operations; the Group function that plans, coordinates and controls the resources needed to produce the company’s products and serve her clients. He is equally responsible for helping AIICO and its business units to understand the competitive landscape and the markets they operate while developing and implementing sustainable plans for long-term growth and shareholder value creation. His service with the firm dates back to May, 2009,

executed value-enhancing projects, first by leading the transformation programme to automate and modernise operations and secondly to increase productivity (reduce cost per policy) in the selling of insurance products and services. He has served in several roles and overseen principal and operational functions during this time, giving him a deep understanding of the levers to improve and sustain profitability. Prior to AIICO, he worked in Accenture (Lagos) and then Capgemini Consulting (UK). In both companies, he provided consulting/advisory services to financial services and government clients predominantly in mergers and acquisitions and then UK government transformation programmes.

Omoniyi now PENGASSAN NLNG branch chair

he Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has elected Clive Omoniyi as the Chairman of the Nigeria LNG branch of the association. Omoniyi emerged, having defeated two other contestants, Allswell Green and Barry Nwizug, in an election during the fourth Triennial Delegates Conference of the branch at Bonny Island, Rivers State. Edith Hart emerged as Vice Chairman; Edokpa Joshua, secretary, Arinze Akpuokwe, assistant secretary and Ayeni Emmanuel, treasurer. A statement from the company said that Jude Ozenne was elected as the Industrial Relations Officer, Ayibode Ayodele the financial secretary, and Orok Orok the publicity secretary. In his acceptance speech,

Omoniyi urged other elected officers to imbibe the team spirit to enable them tackle the industry and labour relations issues in the country as well as the internal and external politics they would encounter as trade unionists and citizens of Nigeria. He promised to uphold the ideals of constructive engagement with the management on job security of the association’s members, adding that the welfare of the employees, which was important for the survival of the company, should be paramount to their employers. Addressing the delegates, PENGASSAN President, Olabode Johnson, who commended the management for their usual understanding in amicable resolution of industrial relations issues, said that unionists were change agents in their organisations.

L-R: Former Chief of Naval Staff, Vice-Admiral D.J Ezeoba; Group Executive, Commercial Banking Group, FirstBank, Mrs. Cecilia Majekodunmi; Managing Director/CEO, Melka West Africa Limited, High Chief Michael Uwaka and Chairman, Sovereign Trust Insurance Plc, Dr. Ephraim Faloughi, at the commissioning of MV Naomi Princess tug boat financed by FirstBank in Lagos.

Staff schools: SSANU insists on planned strike

he National Universities Commission (NUC)’s plan to stop the funding of federal university staff schools is still not going down well with the university senior workers as they have vowed to embark on a nationwide strike if the commission fails to review its decision. Workers under the aegis of Senior Staff Association of Nigerian Universities (SSANU), and other non-teaching staff in universities, have called on President Muhammadu Buhari to intervene in the matter. SSANU’s President, Samson Ugwoke, said that the union had notified its members to prepare for a prolonged strike. The National Vice Chair-

man, Eastern Region of SSANU, Dr. Leku Ador, had earlier issued same threat when he led scores of members of the union on a protest march. Ador said that the union would resist the move by the Federal Government to stop funding University Demonstration Primary Schools, stressing that President Muhammadu Buhari should direct the Federal Ministry of Education to withdraw the circular. He pointed out that failure on the part of the president to intervene would force the union’s National Executive Committee to convene a meeting that might lead to the withdrawal of their services from universities. He said: “The industrial

action, which will be unprecedented, will not only affect students and the education sector, but will question President Buhari’s promise of creating employment for Nigerians. “Recently, we received a circular from the Federal Ministry of Education with intent to disengage from funding of UDPS in the country. “National Salaries and Wages Commission together with the Nigerian Universities Commission and the Ministry of Education were part of our negotiation in SSANU-Federal Government 2009 agreement. “This agreement contained, among others, that government will continue to fund UDPS-Staff schools in our various federal universities.”

Guinness Nigeria appoints Ndegwa as MD

uinness Nigeria Plc, a subsidiary of Diageo Plc, has announced the appointment of Mr. Peter Ndegwa as its managing director and chief executive officer. Ndegwa, who is currently the Managing Director of Guinness Ghana Breweries Limited, according to a statement, will replace Mr. John O’Keeffe, who is

to resume his new role as President, Diageo Africa, on July 1. Mr. Soren Lauridsen, who had previously been announced as O’Keeffe’s replacement, left his position due to personal and family issues. O’Keeffe would continue as a non-executive director of Guinness Nigeria and as the Diageo executive responsible

for Diageo’s Africa business. Ndegwa holds an MBA from the London Business School, a Bachelor’s degree from the University of Nairobi and is a qualified accountant. He has over 10 years’ working experience in East Africa and the United Kingdom at the global accountancy and consulting firm, PricewaterhouseCoopers.

NEW TELEGRAPH FRIDAY, JULY 3, 2015

Agric

FAO, SON to promote food security in Africa p.34

Concerns over N660bn smuggled poultry products

As the country battles to halt illegal importation of poultry products estimated at N660 billion, stakeholders are worried about the health risks posed by this illegal act. DELE ALAO writes

igeria, according to available records, needs over two million metric tons of poultry products annually to meet local demand. Nigerian farmers are, however, only able to produce 300,000 metric tons, leaving a wide gap of over 1.7 million metric tons. Out of this figure, according to the Poultry Association of Nigeria (PAN), smuggled chicken accounts for 1.2 million metric tons annually. With the gap between supply and demand, smugglers are encouraged by the inability of local suppliers to meet demand for these products. Therefore, it appears that there is no end in sight for smuggled poultry products.

Forum Recently, stakeholders in the poultry industry met in Abuja to present what they called the economic and health implications of smuggled poultry products in the country. President of the Poultry Association of Nigeria (PAN), Dr. Ayoola Oduntun, said that the improperly imported poultry products pose grave danger to consumers, handlers and the environment. He said that the sheer volume of the imported products was enough to heighten public health concerns for consumers across the country. Scientists who were also at the forum presented a study, which showed that imported poultry meat, particularly chicken and turkey, was loaded with microbes, which have serious consequences to the health of the nation. The scientists have linked the isolation of salmonella with the imported poultry meat, which they said contains pathogens, the leading cause of deaths among those with

Agricultural Commodity Prices – Grains Commodity Wheat Corn Soybeans Soybean Meal Soybean Oil Oats Rough Rice Hard Red Wheat Spring Wheat

Price 615-6 417-0 1060-2 363.1 33.60 255-0 10.260 593-0 619-0

Change -36-6 -8-6 -13-4 -3.2 -0.63 +1-6 +0.055 -27-2 -24-0

Contract Jul 15 Jul 15 Jul 15 Jul 15 Jul 15 Jul 15 Jul 15 Jul 15 Jul 15

Time(ET) 12:11 12:12 12:12 12:02 12:13 09:52 08:40 12:12 12:06

Commodity Cotton #2 Orange Juice Coffee Sugar #11 Cocoa Sugar #16 CME Coffee CME Sugar #11 CME Cocoa CME Cotton #2

Price 67.01 116.20 130.15 12.57 3282 24.80 1.3215 0.1244 3276.00 0.6891

Change -0.50 +0.10 -4.60 -0.03 +7 unch -0.0350 -0.0091 +7.00 +0.0052

Contract Jul 15 Jul 15 Jul 15 Oct 15 Jul 15 Sep 15 Sep 15 Oct 15 Sep 15 Oct 15

Time(ET) 11:11 11:21 11:44 07/01/15 11:09 07/01/15 10:43 12:02 11:09 06/30/15

Lumber

289.20

+0.50

Jul 15

12:11

Price 151.075 219.200 77.775

Change +3.000 +3.750 +1.450

Time(ET) 12:11 12:13 12:13

16.38

+0.16

Contract Aug 15 Aug 15 Jul 15 Jul 15

Softs

Meats Commodity Live Cattle Feeder Cattle Lean Hogs Class III Milk

12:09

Commodities trade on different exchanges with different trading sessions. Change always shows from the previous close price. Quotes delayed, except where indicated otherwise. All prices in local currency. Time is ET. Source: Bloomberg

A poultry farm

high consumption of smuggled poultry meat. The scientists stressed that smuggled poultry products are loaded with hazardous chemicals such as flouoquinolone and formalin, which ranges from 42.9 to 63.3ml per kilogramme. They advised Nigerians to avoid unwholesome poultry products, adding that studies have shown that they are responsible for health complications in consumers. Speaking on the economic impact of poultry in the country, Oduntun stated that as at 2014, local chicken production was estimated at 300,000my, a capacity utilisation of 46 per cent in an industry that currently boasts of a 650,000 my installed capacity. In the same year, 1.2 million metric tons of frozen chicken valued at N660 billion ($2.75 billion) was imported. Currently, the poultry industry costumes two million metric tons of maize and 750 metric tons of soya beans thereby providing employment to many Nigerians. Alert The Director-General, National Agency for Food and Drug Administration and Control (NAFDAC), Dr. Paul Orhii, alerted Nigerians over the inherent danger in consuming imported and smuggled poultry products and frozen meat. at the conclusion of his Certification Visit to Amo Byng Nigeria Ltd, producers of Amo Byng Feeds & Amo Farm Sieberer Hatchery Nig Ltd, in

Awe town, Oyo State. The NAFDAC boss said that imported poultry products, especially chicken and turkey, have been discovered to be causative factor in non-communicable diseases (NCDs) and antibiotic resistance. Orhii explained that the NCDs are non-infectious, “but they are as deadly” as cancer, kidney disease and hypertension, among others. The NAFDAC boss stated that patronising smuggled poultry products is economic sabotage in addition to the health hazards caused the citizenry. He buttressed his assertion by saying that the studies carried out by his Agency have shown that most of these smuggled chickens and other poultry products contain various deadly concomitants like heavy metals. He attributed this to improperly packaging and transportation of these poultry products into the country. Oduntan, who is also the Managing Director of Amo Byng Nigeria Ltd, said that the continuous consumption of imported frozen poultry products could damage the human system on the long run, unlike the locally produced poultry products, which were produced under high hygienic conditions. He lamented that despite the facts that imported frozen products contained high levels of formal- dehyde, which is injurious to human health, yet, some Nigerians took pleasure

in consuming the products. The Amo Byng boss confirmed the presence of high level metals and other substances, which are lethal to human body, adding that these anti- bodies can cause toxicityrelated mutagenesis (mutation), cardiovascular diseases, skin disorders, neurotoxicity and nasal cancer. Besides the health hazard, Oduntan said that government was losing about N400 billion in revenue to the smuggling of poultry products annually, alleging that smuggling of frozen chicken into Nigeria poses a major threat to the health of the people and the economy of the nation. Way forward Some stakeholders have called for improved security checks at border posts and heavy sanctions placed on offenders. But the Executive Director, Living Green Farms and Garden Foundation, Edobong Akpabio, said that for the country to address the issue of smuggling, state governments should deliberately provide land for poultry businesses and establish funding for the development of poultry value chain. Dr. Bukar Ali Usman of NAFDAC, at the stakeholders’ forum in Abuja, said that there was the need for collaboration between agencies, ministries, professional bodies and producer associations to stamp out smuggled poultry products from the country.

Business | Agric

FRIDAY, JULY 3, 2015 NEW TELEGRAPH

FAO, SON to promote food security in Africa FOCUS There is need for the promotion of agricultural best practice Stories by Dele Alao

he Food and Agriculture Organisation of the United Nations (FAO) has joined

hands with the Standard Organisation of Nigeria (SON) to call for the development of sustainable agriculture and food security in Nigeria and Africa at large. The representative of FAO in Nigeria, Dr. Louise Setsehwaelo, made the call in her keynote lecture at the Africa Standardisation Day seminar organised by the African Organisation for Standardisation (ARSO), held recently in

Abuja. FAO, while justifying the need for the partnership, said that based on the continued increase of human population in Africa, by 2030, Africa will need to feed about 1.5 billion people and by 2050, close to two billion, hence agriculture requires greater recognition to drive inclusive economic growth and food security in Africa. She said: “African countries still need to do a lot more, both

individually and collectively. We have what it takes to move forward, we have the human capacity and other factors needed to drive the economy.” Meanwhile, the Director General, SON, Joseph Odumodu, affirmed that Africa is the only continent that cannot feed itself fully as it imports some of its food items. He added that it is not debatable if agriculture is impor-

tant in Nigeria or Africa due to the fact that it provides food, employment and also contributes largely to national Gross Domestic Products (GDP). He, therefore, called for more collaboration with extension workers and key agriculture stakeholders, while commenting on the need for the promotion of agricultural best practice to boost the standard of production in Nigeria.

Stallion Group targets N30bn rice production

n line with its commitment to align with the country’s food security agenda, a major investor in the Nigerian rice industry, the Stallion Group, has intensified efforts in expanding its operations at the country’s fully integrated rice value chain to the tune of over N30 billion. The Group, according to a statement, was leveraging on the policy impetus provided by the Federal Government’s Agricultural Transformation Agenda (ATA). Chairman of Stallion Group, Sunil Vaswani, said: “Sensing the need for local self-sufficiency and align-

ment with Nigerian government’s ambitions for food security, Stallion is working to improve farm yields and bring in sustainable and scalable growth to farmers.” The chairman said that there is an increase in local production of up to 430,000 MT per annum, with a target for local rice production at 1.5 million tons through the establishment of more milling capacities and structured farming activities. Furthermore, the Group has established fully integrated rice mills at strategic locations, to promote milling and paddy cultivation in selected areas.

Tomato dealers sign pact with GEMS4

Tractors

Indian envoy to Nigeria: Adopt integrated farming

he Indian High Commissioner to Nigeria, Amb. Ajjampur Ghanashyam, has urged Nigeria to introduce integrated farming and drip irrigation to boost food production in the country. Ghanashyam said that drip irrigation, currently being practiced in India, would help to improve dry season farming in Nigeria, especially in the Northern parts of the country. He said that the introduction of drip irrigation and integrated farming would encourage export. “Agriculture is one area in which there is tremendous po-

tential. India has 1.5 million square kilometers of land, which is arable. We grow, sometimes, three crops from the same piece of land because of desperation and when there is an emerging need, you have to innovate. That was what happened to us. Today, in some northern states, we are doing drip irrigation because water is a problem in those states. Drip irrigation is one subject, which we have developed in India and now it has become very popular. Exactly what is required in northern Nigeria. “We are now developing a concept called integrated farm-

ing. Integrated farming means the farmer has his field, but takes out a part of his land to grow vegetables and fruits and takes out a little bit more area around his house to have a goat farm, poultry farm and have a bee keeping corner,” he said. He added: “So when the crop fails, he has vegetables he can sell, he has fruits and he has poultry, eggs and chicken which he can sell, he does not become desperate and think of the wrong thing. Nigeria with its available land can feed itself, feed the rest of Africa and still have surplus to export to China and India.

How to boost food production-Dizengoff boss or Nigeria to attain the available statistics has shown serious about producing the level of food sufficiency, that Nigeria is one of the least food we eat ourselves. We have F diversify its economy away mechanised farming countries all the farmers we need as well, from oil and reduce dependency on food imports, it has to improve on the level of agricultural mechanisation, the Managing Director, Dizengoff, Richard Hargrave, has said. Hargrave, who noted that low level of agricultural mechanisation has continued to limit the capacity of farmers to expand their cultivation areas, perform timely farming operations and achieve economies of scale in food production, said that

in the world with the country’s tractor density put at 0.27 hp/ hectare, which is far below the Food and Agriculture Organisation (FAO)’s 1.5hp/hectare recommended tractor density. He added that the international Food Policy Research Institute (IFPRI) reckons that Nigeria was still at the early stage of agricultural mechanisation. “It is about time we face up to the facts if we as a nation are

at around 12.3 million, making Nigeria 14th in the world, but we simply will not properly equip them. In Nigeria, a significantly higher proportion of farming area is still cultivated by hand tools. When measured in 2003, Nigeria had only 30,000 tractors. Africa’s largest economy is currently adding 1,000 new ones each year, which is still not considered sufficient in replacing the aging, worn out, and broken down ones.

en members of the Tomatoes Sellers Association of Nigeria, Mile 12 Market, Lagos, have signed a Memorandum of Understanding (MoU) with the Growth and Employment Service in States (GEMS4) on the use of Good Handling Practices (GHP). The MoU was informed by the need to improve the process of handling perishables in Nigeria as the GEMS4 project, which is funded by the World Bank, and the United Kingdom’s Department for International Development (DFID), identified poor mode of harvest, storage, packaging, transporting, distribution and others as factors that expose perishable products in Nigeria to quick damage. GEMS4 team leader, Arafat Hossain, said that

there was need for proper understanding of all stakeholders in the tomatoe value chain and proper handling of the produce. According to him, GEMS4 was an initiative to teach people in perishable products’ value chain how to improve in the proper and hygienic ways of handling perishable produce in Nigeria. He explained that the organisation was using tomato produce as an entry into the perishable markets across the country. “It was discovered that about half of the tomatoe produce get damaged in transit to the market, carriage and even during offloading. It is also noted that the left over after the damages determines the price of tomatoe in the market,” he said.

Amosun harps on research for food security

gun State Governor, Senator Ibikunle Amosun, has charged researchers and scholars in the country to embark on researches that would guarantee food security and safety. Amosun stated this recently during the “Food Safety for Nutritionists and other Professionals” programme held at the Federal University of Agricultural, Abeokuta (FUNAAB), in partnership with the International Life Science Institute, University of Ghana, Legon (ILSI-UGL). A statement from the university said that this

year’s theme for the World Health Day: “From Farm to Fork”, highlighted the global concerns for food safety, amplified the emerging threat from food-borne diseases and showed the need for concerted efforts to stem the menace of foodborne disease in the society. The governor, who was represented by the Permanent Secretary, Ogun State Ministry of Health, Dr. Daisi Odeniyi, said that there was an upsurge of food-borne diseases due to the consumption of contaminated food items such as vegetables, beans and other products.

NEW TELEGRAPH FRIDAY, JULY 3, 2015

Auto Beat

2 Nigerians Range for Ford Paul Ogbuokiri

our intense, action-packed days of Boot Camp training and evaluation held in the small Karoo town of Prince Albert from June 18-23 have led to the selection of the Top 20 contestants for the 2015 Ford Ranger Odyssey in Namibia. A total of 38 contestants made their way to the start of Boot Camp, having been chosen from thousands of online entries received for this year’s event on www.RangerOdyssey.com and via dealer events held in selected Sub-Saharan Africa markets. The group comprised 29 South Africans along with four entrants from Nigeria, two each from Mozambique and Ivory Coast, and one from Angola. The two successful contestants from

Nigeria comprise Moyosore Fawol and Giftson Onuiri - both from Lagos - who were among the squad of four that was chosen during the in-market selections held by Ford dealer Coscharis Motors. Along with the rest of the contestants, their Boot Camp adventure commenced on Thursday 18 June with in-depth instruction on the theoretical aspects of the Ford Ranger and 4x4 driving in general, along with the crucial elements of vehicle recovery techniques. The team then had to haul their luggage by foot to the overnight campsite around 2.5 km away, then set up tents for the chilly midwinter nights spent under the stars. On Friday the contestants set off at 5am on a 9km trail run to get the blood flowing, then had their first opportunity to take the mighty Built Ford Tough Ranger off-road. A series of challenging

4x4 obstacles were laid out in the dry bed of the Gamka River around 12km north of Prince Albert which, for many in the group, was the first time they had driven the Ranger or been off-road. From climbing soft river sand banks to negotiating challenging rocky ascents and descents, the tight but technical course had it all - and the contestants were amazed how capable the Ranger proved in what were particularly intimidating tasks. Learning the ropes in terms of vehicle recovery is critical before embarking on any 4x4 expedition - and particularly in the difficult and remote route planned for this year’s Ranger Odyssey in far north western Namibia. The Ford instructors took the contestants through the full regime of winching, operating a high-lift jack and using

scissors lifts and recovery ropes to extricate a stranded vehicle. Day three was all about the regime of safe convoy driving, and the contestants took turns behind the wheel as the 17-vehicle fleet traversed the breathtaking Swartberg Pass, headed through Groenkloof to Calitzdorp and worked its way through the scenic Seweweekspoort Pass. With tiredness and fatigue coming into play, day four started off even earlier at 04:30 with in-depth instruction on GPS navigation by the team from Navworld that is supplying the Garmin units to be used on Odyssey.

Weststar commends Tetralog

Hyundai ranked fourth in T auto manufacturing

L-R: Frank Ferrara executive vice president, customer satisfaction, Hyundai, Deirdre Borrego, vice president, general manager, U.S. Automotive division, J.D. Power, Mircea Gradu, executive director, engineering and quality, Hyundai

yundai has reaffirmed its position as one of the world’s leading automotive manufacturers, this is sequel to the prestigious awards from international awards body J.D. Power. As part of the company’s 2015 Initial Quality Study which surveyed 84,000 customers, the Hyundai Tucson and Accent have been reported fewer problems with their vehicles than any other small SUV or small car, respectively. Overall Hyundai ranked fourth among all brands in the J.D. Power 2015 U.S. Initial Quality Study SM (IQS) and second among non-premium automakers, putting the Korean brand ahead of its Japanese counterparts. “Nothing motivates us more than receiving the verification of quality from our customers,” said Jin (James) Kim, Vice President and Head of operations in Africa and the Middle East. “The overall own-

ership experience of the people who buy our cars is based on our modern premium brand direction which provides vehicles with innovative technologies, while ensuring highest levels of initial and long-term quality and services they can rely on.” IQS, now in its 29th year, serves as the industry benchmark for new-vehicle quality measured at 90 days of ownership. In total, Hyundai had four models ranking in the top two in their segments, including segment awards for Tucson and Accent, and second-place finishes for Elantra and Santa Fe. The Hyundai overall score was 95 problems per 100 vehicles, 17 problems fewer than the industry average. The 2015 Hyundai Tucson was awarded for the highest initial quality in the small SUV segment and the 2015 Hyundai Accent earned the highest honour in the small-car segment for the second year in a row.

“SUV sales accounted for 21.9 per cent of our total sales during 2014 (74,419 units) therefore the international recognition from our customers is invaluable and something we are incredibly proud to have achieved,” added Kim. “It is also worth noting that the Accent was our second bestselling model last as it recorded a boost of 9 percent totaling 79,013 units sold, so it is great to see that our key models are receiving this type of recognition.” This year’s results mark the fourth time Hyundai has finished among the top four brands overall. The 2015 IQS is based on responses from more than 84,000 purchasers and lessees of new 2015 model-year vehicles surveyed after 90 days of ownership. The study is based on a 233-question survey designed to provide manufacturers with information to facilitate the identification of problems and drive product improvement.

he Authorised Distributors of Mercedes-Benz in Nigeria, Weststar Associates Limited has commended the first-class customer service of its South-East and South-South dealer, Tetralog Nigeria Limited, saying the firm has continued to grow from strength to strength since it was appointed in September 2011. A statement by the image maker of Weststar, Zainab Adedeji; noted that Tetralog has always been best known for its excellent customer service, adding that the brand was appointed by Weststar to specialise in MercedesBenz commercial vehicles, specifically for the South-East and South-South regions of Nigeria; with the vision of being the best providers of products and services in the commercial vehicles business for the region. According to her, in accepting the appointment Tetralog has been mindful of the need to maintain best practices, such as focusing directly on customer relations. Their focal points being: offering tailor-made solutions to problems for the haulage and construction sector, the repairs and services for fleet operators as well as seeking new strategies to reach out to new clients. The company has placed value in intense training to ensure top of the range customer service is always provided. Managing Director/CEO of Tetralog, Mr. Benjamin Nnabugwu has over 20 years of experience in logistics services and business management. His intimate knowledge of the logistics industry has proven effective and drives the company’s core brand values of outstanding customer service and excellent team morale. The firm has developed an excellent after sales service programme for Mercedes-Benz vehicles, whilst ensuring customers still have access to a rich assortment of genuine Mercedes-Benz parts. To add to the exceptional customer care and serving operations, the company recently revamped their Enugu based office, by adding additional sales and after sales outlet, enhancing the overall experience.

FRIDAY, JULY 3, 2015 NEW TELEGRAPH

Photo | News

NEW TELEGRAPH FRIDAY, JULY 3, 2015

Enugu State Governor, Rt. Hon. Ifeanyi Ugwuanyi (middle), presenting insecticide treated mosquito nets to mothers, during the first round of maternal, newborn and child healthcare week and re-launch of the free maternal healthcare programme, at the Enugu State University Teaching Hospital, ESUTH, Enugu.

L-R: Member, House of Representatives’ Ad-Hoc Committee on Media, Hon. Shawulu Kuwelu; Deputy Speaker, Hon. Yusuf Lasun; Chairman of the Committee, Sani Zoro and a member of the committee, Abdulrasak Saad, at the inauguration of the House Ad-Hoc Committee on Media inAbuja.

PHOTO: ELIJAH OLALUYI

PHOTO: NAN

Kano State Governor, Dr. Abdullahi Umar Ganduje (left) congratulating his Commissioner for Information, Mallam Garba Muhammed, after the swearing-in of new commissioners in Kano.

Plateau State Governor, Simon Lalong (left), with the wife of Kaduna State Governor, Hajia Asia El-Rufai, during El-Rufai’s courtesy visit to Lalong in Jos.

L-R: President, Traveri Nh3 Group International (TNGI), Mr. Robert Leth; Chief Executive Officer, Mr. Innocent Obande and Nasarawa State Deputy Governor, Mr. Silas Agara, at a working visit to the Deputy Governor in Lafia.

Chairman, National Hajj Commission, Abdullahi Muktar Mohammad, briefing state house correspondents, after his visit to President Muhammadu Buhari in Abuja. PHOTO: ELIJAH OLALUYI

L-R: Founder, Mamalette Website and Forum, Anike Lawal; Proprietress, Grace Schools, Mrs. Iyiola Edun and Primary Health Physician, Dr. Kana Ogban, during the re-launch of the website in Lagos.

The Couple, Mr. Olawale Abidemi Ogedengbe and his wife, Gbemisola, during their wedding at the RCCG Breakthrough Cathedral Province 6, Ibadan.

FRIDAY JULY 3, 2015 NEW TELEGRAPH

Islam

E X H O R T A T I ON

16 RAMADAN 1436 AH

“O you who have believed, obey Allah and obey the Messenger and those in position of authority among you.” (Quran 4:59)

Lagos SSG underscores fear of God in Ramadan

Flora Onwudiwe

he Lagos State’s Secretary to the State Government (SSG), Mr. Abdul Lateef Tunji Bello, has called members of the National Assembly to fear God, maintaining that this would make it easy for them to accommodate others. Mr. Bello was speaking at the annual Ramadan lecture themed; “Muslims as drivers of development in present day Nigeria,” organised by the National Executive Committee of Ansar-Ud-Deen College, Isolo , delivered by the Chief Imam of Lagos state House of Assembly, Hon. Dr. Abdul Hakeem Abdul Lateef. Mr. Bello who was an old student of the school said that the lecture was to enlightened the people about Islam as a religion. “We need to be tolerant of one another , accommodate one another and to respect God,” he said. The Secretary to the State government also the Chairman of the day commended the old students for the transformation that has taken place in the school in terms of infrastructures. “They have done tremendously well , we have to keep on improving, I must commend them for what they have done and we need to do more it is an on going process.” The lecturer, Dr. Lateef, urged Muslims to be active in Politics, “and not to take the back seat because it is those who are righteous that can translate the ideal of nation building into reality.” The Muslims must, according to him, tolerate the view of other religions they must cooperate to be one Nigeria, they must understand that the people of different ethnic backgrounds are in Nigeria. He said: “We have to assist the government in prayers, actively participate in opinion moulding, participate when bills are initiated, participate when there is public hearing, we should not think that people will do it for us.” He added that Buhari alone cannot do the change, the dividend of democracy must not be claimed by Buhari.

L-R: Guest lecturer, Al-Azhar University, Cairo, Egypt, Ustaz Solah Abu Yunus;Alhaji Quadri Zakkarriya;Mudir markaz Islamic and Arabic training Centre, Lagos, Sheik Habeebullahi Al-llory,Provost(Diploma section),Dr.Abdulmomne Yusuf at the centre’s Ramadan lecture in Lagos. PHOTO:GODWIN IREKHE

My sermons, preaching not about controversies –Al-Ilory Clarification Sheik Habeebullahi Adam Al-Ilory says he talks about contemporary issues Taiwo Jimoh

he Mudir of Markaz Islamic and Arabic Centre, Lagos, Sheik Habeebullahi Adam Al-Ilory, has said contrary to

speculations in some quarters, his preaching and sermons are not about controversies. The revered cleric said rather, they are about contemporary issues meant to shed light on matters that would be beneficial to the generality of Muslims and correct misconception about Islam. Al-Ilory said the clarification became necessary in view of a piece of advice given by an unnamed person that he should change the topic of his

ongoing Ramadan Tafsir and move to another “controversial issue.” He said, “There are differences between Tafsir and sermons. When you want to give sermon, you have to pick a specific topic. This may be a moral or religious topic. But in Tafsir, you talk about a wide range of issues. When you are doing Tafsir, your interpretation of the Quran will now be based on your knowledge and understanding of the Quran.

Tafsir is all encompassing and more elaborate. You can talk about a wide range of issues when during Tafsir. “Somebody advised us to change the topic of our Tafsir and we should move to another controversial issue. My Tafsir is not about controversy. I am not for controversies. We have been on Suratul Moomeen (a chapter of the Quran) for the past four years and we have not gone beyond 10 verses. “The beauty of it is that we continue to apply the meaning in different ways based on contemporary issues. This is the beauty of the Quran because of its flexibility. In other words, the Quran will be relevant at all times. “In the past, we have treated some issues which some people considered to be controversial. This was based on their interpretations and perceptions. If there is a misconception about Islam, it is our duty to correct it and tell our students.” On why he talked about the new government during his ongoing Tafsir, Al-Ilory said this was necessary and timely since a verse of the chapter of the Quran being treated talks about trust. “When we talked about the government, it was not deliberate. But one of the verses talks about trust. A few months back, we voted and a new government was sworn in. if we now come across a verse which talks about trust, there is nothing wrong if we now apply that verse to the new government. There is nothing controversial about this. I am not partisan but always exercise my voting right as a citizen of Nigeria. I don’t vote for party but for candidates,” he added.

Islamic scholar warns Nigerian against the wrath of God Taiwo Jimoh

he Chief Imam of Offa, Sheikh Muhydeen Huassain Salman Al-Adabiyy, has warned that Nigeria, just like other parts of the world would soon be visited by the wrath of God if the on-going moral decadence is not checked. The Islamic Scholar disclosed this at a Ramadan Lecture organized by Abdulbaq Ladi-Balogun, former member of the Lagos State House of Assembly, who represented Ajeromi-Ifelodun Constituency 1 in the seventh Assembly. He said the moral decadence in the society had reached a peak where it is almost becoming normal to hear of a woman and her daughter getting pregnant for the same man while

some women now encourage their female children to go into prostitution just for them to live big. Sheikh Al-Adabiyy disclosed that events unfolding in the world currently had been fore-told by the Prophet Mohammed. According to him, during his last sermon on earth, the Prophet had predicted that a time would come when neighbours would turn against themselves irrespective of religion. He also quoted Prophet Mohammed as preaching then that at a time, lies would overshadow the truth and the rich would treat the poor with disdain. He asked how Islamic it was for people to bomb places of worship in the name of the

same religion that preaches peaceful coexistence and love for one another. He lamented that nowadays, it is not uncommon to see clergymen who, rather than preach the message and bring people to God, now engage in worshipping money instead. For example, he said these clergymen have now stooped so low to the extent of campaigning for politicians and even going about helping them to paste posters during campaigns. He however warned them against turning their husbands’ houses into war zones as some, he said, always want their children to inherit properties and so turn their step children wayward. To politicians, he warned that they must be conscious that God would hold them re-

sponsible for how they treat the electorate. He lamented that most of these politicians go close to those considered poor in the society only during campaigns and that after elections; these same poor people are forgotten. “How many of you do even shake hands with the poor in the society after elections?” He asked. He reminded the politicians and “big men” in the society to remember that these same poor people, who they shun now, are the same people who would prepare them for burial at death. He warned women who destroy their husbands’ homes to favour their own children to desist because they would end up destroying their own children instead.

Feminique NEW TELEGRAPH FRIDAY, JULY 3, 2015

Fajingbesi: Bridge between rich and poor

Tope Ganiya Fajingbesi is an international Chartered Accountant (ACA) and Certified Public Accountant based in Washington, DC. She is also the Coordinating Trustee of the United for Kids Foundation (UKF), an NGO that is incorporated in the USA, Nigeria and the United Kingdom for charitable and educational causes targeted principally at needy children in Nigeria. Author and TV host, Tope spoke with EBERE AMEH after the UKF fundraising dinners that took place in the US, UK and Lagos, noting that it is good to know that little efforts create big victories

hen in 1999 Tope Fajingbesi and a couple of other Christians and Muslims friends dreamt of forming a charity organization to assist indigent children in Nigeria, after visiting a motherless babies home in Lagos, little did they know that like the Biblical Mustard, which grew to become a big tree, providing shade for birds and humans alike, their seed of goodness will grow to give succour to thousands of indigent children in Nigeria. Despite their different faiths and locations, they were united by charity and a common desire to put smile on the face of God through the poor. “I co-founded UKF and unconsciously assumed the role of coordinating trustee in 2002 because I felt my friends and I occupied a unique position within the society that could bring relief to the poor. We knew enough people within our circles that we could convince to do something to alleviate the unfortunate living conditions of the children living in the worst conditions,” Tope said. Though being a true Muslim means being charitable, Tope’s parents also raised her and her siblings to care. “My dad who passed away last year was a community activist and philanthropist in every

EBERE AMEH ebere.ameh@newtelegraphonline.com

sense, and my mom is also very giving. So I am blessed that both my faith and my family encourage this path I have chosen. I can also say the same for my partners at UKF even though some are Christians. I think what helps us work together so perfectly is our faith.” According to Tope, who said that the UKF will begin to reach other states outside Lagos this year, it has been a privilege and a great honour serving the underprivileged children. “Honestly knowing that just little efforts on our parts create big victories and changes in the lives of these children makes me feel excited and relevant in this crowded world. I never think about the children as beneficiaries, instead I think my colleagues and I are the beneficiaries. The perspective you get when you work with these children is truly amazing. I can only feel blessed and honoured to be a part of this,” the TV host of Impact Africa said. Talking about the TV programme, Tope said the journey is just beginning. “I have produced more than 60 episodes since 2013 without much assistance, but the reception has been positive. I am glad people are listening to the message that it is only Africans that can tackle Africa’s problem. The show earned me an invitation to the White House last year, so I am happy that the efforts are not in vain,” she enthused. Tope is an alumna of the University of Lagos, where she was the best graduating student. She also attended Goizueta Business School of Emory University in Atlanta, Georgia, where she continued to trail the blaze of academic excellence. Now an international Chartered Accountant (ACA), a Certified Public Accountant and Winner, America’s 11 Best Finance Coaches, she wrote an interesting book she titled,

Fajingbesi

We have become ardent church and mosque goers who somehow still find the space in our hearts to cheat, steal and loot

“What Colour is your money?” According to her, the book helps people to understand how they relate with money before they even launch a business at all. She is set to launch another book by the end of the year, only, this time, it won’t be about money. “I am working on my second book and it’s not a financial topic this time around, it’s titled “Are You Listening?” It’s a collection of true stories that show that God speaks to us, but most of the time we don’t stay still enough to hear what He is saying. I am excited about this book, which people of both faiths will be able to relate with easily. It should be ready by December 2015 by the grace of God.” A devout Muslim who is living in the US, Tope thinks the problem with Nigeria is that the people are more religious than spiritual. “Nigerians are wonderful people, however in the past couple of years we have become more religious and less spiritual, and that has become a huge challenge. Everywhere you go in Nigeria, people are praying and in my opinion yelling at God, but the solution is right there in the holy books, yet we won’t follow it. “We have become ardent church and mosque goers who somehow still find the space in our hearts to cheat, steal and loot. Americans don’t put their religion in your face, yet community service, kindness and honesty are at the cornerstone of their society. We need to really understand

that being Godly means being tolerant, kind and honest,” she noted. The elegant lady who intends to come back home soon to continue to contribute her own quota to the development of her fatherland, calls on the new administration of President Mohamed Buhari to ensure that every child has equal access to the Nigerian dream by investing carefully in basic education (primary and secondary). “Education is free in Nigeria but there is hardly any education happening in most of our public schools. It’s time for our government to understand that we cannot build a safe and prosperous Nigeria when we have the highest number of out of school children in the world. Of the 35 million children in Nigeria, 10 million are out of school and another 10 million are going to school but not getting good education. This is not good. I want to see the government implement programs that will ensure that primary and secondary schools are staffed by motivated and qualified teachers and children have the basic supplies they need to learn regardless of their parents’ economic status,” she said. A very busy person, Tope relaxes by sleeping and vacationing. She wants to be remembered as “someone who helped millions of children get access to good education. I want the Angels and my fellow human beings to testify to this when I leave this world,” she enthused.

Feminique

FRIDAY, JULY 3, 2015 NEW TELEGRAPH

5 reasons why men cheat on wives

here is no doubt about it. We men cheat on our wives. This has been on since the time of our forefathers. You will even find in the great religious books, various punishments prescribed for adultery. More and more couples are cheating on each other. Men are cheating on their wives and wives on their husband. Is this an indication that the world is really coming to an end as my ultra religious friend says? Me I don’t think so. But what about you? Husbands and wives with their house helps, drivers, cooks, bosses, and employees. Statistics from America indicates that marital infidelity now affects one out of every 2.7 couples. Do you know that there are dating sites now exclusively for married people who want to cheat? There is even one that boasts of having almost 17million anonymous members. A beg don’t ask me for details about these sites because I won’t tell you. I don’t want to be held responsible for your property ending up on the road O!! But seriously speaking, why do men cheat? Emotional Disconnection. At the beginning, all was fine. I love you and love you too is all you hear. Always,me and my wife. But as time goes on, and

the relationship becomes more matured, power struggle sets in. Mostly on account of finance. The husband is no longer always right. More and more frequently, you hear, ‘yes, i’m right, no you are not’ kind of conversations. This is now extended to the bedroom. The timing and frequency of sex debates become hotter than what you see in our National Assembly nowadays. Complete with physical combat, beatings, tearing of cloth and use of dangerous weapons. Some even go for martial arts training. When this occurs, the man whether the violent type or not disconnects and withdraws. When he now meets a new babe that accepts him for ‘what he is,’ he jumps at the opportunity. Of course over time, this wears off and the vicious cycle is repeated. Appreciation. Take it or leave with, all men are like children when it comes to appreciation. We all love being appreciated. Yes women do too, but they are more emotionally stable. We love praises 247. For every thing we do. Big or small. When this stops and is replaced by heavy doses of blame, criticism and even contempt, we bail out. Forget the love. We will still tell all and sundry that we still love our wives,

Fadeyi

but they don’t love us any longer. So we go out looking for love in Tokyo. Physical. Whether you believe this or not there is no love at first sight. For men and women. The first is physical attraction. Not just beauty. After all men get married to plain and even physically challenged women. Next step is lust. We are always thinking about how to get you into bed. Love is the last and final step. The good thing is that love can still occur even when

we fail to get you into bed. So my dear woman you don’t have to jump into bed with anybody because you want him to love you. Anyway, the main thing is that we men are mostly physical. Sight and sound turns us on so much. That is why playboy and other semi/ nude magazines will always sell yanfu, yanfu. The figure eight, he got married to all of a sudden becomes as round as Dunlop tyre and you still expect him not to mind. Intimacy. Men love to be listened to and pampered like small children. We want full attention all the time. Even if you are the president or head of state. That is the truth. Sex. This is the biggest issue. Make no mistake about it. The more the better. Even at old age. It is sad when wives tell their husbands that age 60+, they should have forgotten about sex. If so, why do we have sugar daddies? So what do you think? Definitely, there are more reasons. Tell us what you think. Don’t be shy.Both men and women. Either from your experience or others. Dr T. A. Fadeyi. MB. BCH. Sexologist, Sex and Marriage Counselor. drtaiwofadeyi@gmail.com 08033148899 (sms only)

Ego: Diary of a single mom

Danny connects with his step-children Ebere Ameh

unmi and Chika kept in touch throughout the gruelling days of Danny’s father’s captivity. We had encouraged them to continue back to Lagos that fateful morning when the news of his abduction was broken to us at Asaba. They kept their promise of ensuring that Tobi and Tosin were okay. Funmi practically took them to her house to ensure that they not only attended school but continued with their after school lessons. “What would I have done without you guys,” I told her when I went to pick them. “It would have been much more complicated for me if I had nobody to help with them,” I added. “What are friends for?” She queried rhetorically, “We prayed all the while for you. It must have been very hectic for you but thank God he’s out at last.” Tobi was glad to see me and so was Tosin. They had carried a double weight of having an absent mother who was not communicating with them as she used to do when she travels and an erroneous notion that it was their loving grandpa that was missing. They hugged like they will never let go again. “Where is Grandpa? Who kidnapped him? Did he come back…,” Tobi wanted to continue when I cut him short. “Grandpa is fine. He is coming back tomorrow and we shall go and spend some time with him after your exams. He was never kidnapped. I told the visibly be-

wildered children. They had overheard the Okonjis talking about the kidnap of Danny’s father, and all the while referring to him as the old grandpa. I managed to convince them that their grandparents were hale and hearty. Danny and I have planned that they stay with my parents when they come back so we could proceed on our honey moon. We are yet to agree on a destination but he wants us to go to the Bahamas. I just want an exciting place, free of terrorists. Thank God it’s coinciding with the summer holidays. We shall stop over at UK to get Ron and Lilie. I’m still uncomfortable with that idea though. I think, their mother should bring them home to us. Well, as my mother would say ‘we shall cross the bridge when we get to the river.’ I

won’t let that bother me now. Later that evening, Danny came and was frantically trying to connect with his new step children. He did a better job than I would have done, telling them about our journey home, the kidnap and the rescue. He painted a picture of an interesting, jaw dropping action or rather, detective thriller that left them yearning for more details from him. “Did the police shoot the kidnappers?” Tosin asked, wide eyed, expecting much more. “Where did they take him,” Tobi added, an indication that they were intrigued by his narrative. “The police gave them a hot chase and killed all those bad boys,” he responded, demonstrating how they were shot. ‘Good for them’, Tobi said before

Tosin changed the topic when she started ransacking his bag and found a bottle of cashew nuts and other goodies. “Go share with Ekaette and keep some for mom and I,” he told them. “You are doing a good job”, I commended him when the children left. “They are getting more relaxed with you than before. I’m already praying to have a fantastic encounter with Ron and Lilie.” “I’m a proud father of four lovely children,” he said funnily with hands akimbo. “They would start calling me ‘father’ soon, you know,” he added with an air of accomplishment. I wondered what is exciting about having step children but I refused to let my countenance portray my worry. While by the grace of God I know he won’t have much issues with my children, I’m worried about the nature of children Ron and Lilie are. “Yea, and we shall become one big happy family,” I responded. Reminiscing on the events of that Tuesday morning as we sat chatting, Danny said it was both his worst and best day ever. “I had shed my own tears at first when you were declared missing. It was as if my whole world had collapsed all of a sudden. But I knew I had to be a man, I needed to be strong for those old folks. Your reappearance brought untold anger. I was angry at the stress you caused us, looking for you everywhere. But your tears erased every anger and brought so much joy. So much that I didn’t want you to stop again. Your tears gave me a feeling that now, I am married to a real woman. Nneka would never have done any of that,” he said, drawing me closer to nestle against his chest.

Business | Money Line

NEW TELEGRAPH FRIDAY, JULY 3, 2015

Foreign investors may shun Nigeria’s bonds over devaluation delay THREAT CBN putting off the inevitable Tony Chukwunyem with agency report

isappointed by the Central Bank of Nigeria’s (CBN) delay in devaluing the naira, international investors may soon start avoiding Nigeria’s bond and stock markets, analysts at Reuters have said. According to the news agency, the decision by the apex bank last week to introduce curbs on dollar funding for investors, as well as for importers of goods ranging from toothpicks to private jets, dashed investors’ expectations of devaluation of the naira. Reuters quoted a bond fund manager at Standard Life Investments, Kieran Curtis, as saying, “It will take a combination of weaker currency and higher interest rates to get us back to Nigeria. When we compare Nigeria to other oil exporters it hasn’t had enough of a currency adjust-

ment.” The analysts pointed out that with oil exports providing 70 per cent of the country’s budget revenues, it was imperative for Nigeria to have a cheaper currency, adding that most of the analysts had reckoned on a10-15 percent devaluation at least and a 20-25 percent move at most. They further noted that the price for supporting the naira is high because, according to them, the CBN has spent at least $3.4 billion since fixing the exchange rate in February and reserves have fallen below $30 billion for the first time since 2005. “To me, (central bank measures) are doing more harm than good: you are putting off the inevitable and the reaction you are seeing on rates markets and the NDF shows that,” said Kevin Daly, a fund manager at Aberdeen Asset Management. “Effectively the bond market is starting to price in a much wider move on the currency.” According to the analysts, “Curbing access to dollars may briefly stabilise reserves and constrict imports but pent-up demand for hard currency

Farmers to CBN: Deny textiles importers access to forex Naira to further weaken next week

ormer Delta Chairman, All Farmers Association of Nigeria (AFAN), Jerry Ossai, yesterday urged the Central Bank of Nigeria (CBN) to deny importers of textiles and exotic foods, access to foreign exchange. Speaking while reacting to the CBN policy aimed at denying importers of fish, rice and toothpicks, access to foreign exchange, Ossai said that the bank needed to go beyond some of the items listed so far, to accommodate the textiles, exotic foods and interior decorations and also impose heavy tax on expensive cars. He said the ban will spur local producers of foods, goods and services to meet the country’s shortfall, if any. “The scandalous expenditure on these imported items could be utilised to develop the local resources. “India banned imported textiles prior to independence and today, the country is a world leader in the manufacturing of quality textile materials,” he said. Ossai said that if the country could sustain the ban by closing all loopholes to ensure that the policy succeeded, the country would benefit from it.

He said that jobs would be created and businesses would thrive to boost wealth. Meanwhile, the naira could weaken in the parallel market next week after the CBN restricted access to foreign exchange by importers analysts have predicted. The naira is expected to weaken further driven by pressure from importers excluded from the interbank market after the central bank restricted access to forex by importers in its bid to protect its foreign reserves. The local currency was trading at N230 to the dollar at the parallel market, versus N222 to the dollar last week. The naira was trading at N196.95 at the interbank from N199.40 a week ago. Moves have been limited in the official forex market after the central bank imposed curbs in February to halt speculation on the local currency and prevent its rapid decline. “Since the central bank introduced the new measure, exempting some items from access to official forex market, pressure has continue to mount on the parallel market and we see this trend continuing in the near term,” Reuters quoted a trader as saying.

will eventually weaken the exchange rate and drain central bank coffers.” They also warned that the move would stoke inflation if importers were forced to pay more for dollars. The naira trades at N230 per dollar in the black market, 14 per cent below the official rate. But despite the regulator’s reluctance to devalue the naira, the analysts predicted that it would eventually have no choice but to embrace that option. They quoted Portfolio Manager at Investec’s African Fixed Income Fund, Antoon de Klerk, as saying,

“Ultimately (devaluation) will become more of a fiscal necessity than an external necessity. The longer they will take to do the adjustment, the bigger the adjustment would have to be.” The analysts further noted that for investment flows, Nigeria’s place in the JP Morgan GBI-EM local currency debt index looks increasingly precarious. JPMorgan warned in June it could eject Nigeria from its benchmark index by year-end unless it restores liquidity to currency markets in a way that allowed foreign investors to transact with minimal

hurdles. Nigeria has a 1.8 percent share in the $220 billion index, suggesting $4 billion in inflows, Morgan Stanley estimates, a major offset to its current account deficit. “Were Nigeria to be removed from the index as a result of the dry-up in liquidity as forewarned by the index provider, upside risks to our naira forecast of 200-205 (per dollar) over the next 12 months could crystallise immediately, especially if one considers that its (annual) current account deficit could be up to ... $10 billion,” Morgan Stanley said.

Forex: CBN threatens to sanction banks Analysts said the move was exports proceeds and BDC to he Central Bank of NigeT ria (CBN) has threatened to encourage local production consummate these items... or to sanction banks and forex of the items, discourage friv- undertaken money wire transdealers who provide foreign exchange to import luxury items such as private jets and other products that can be sourced locally. In a statement published in national dailies, the apex bank listed more than 40 items, which are not valid for foreign exchange funding, including rice, private jets, cement, toothpicks, margarine, tinned fish, poultry products, soap and cosmetics.

olous consumption, preserve scarce foreign exchange as well as stop the ongoing fall of the national currency. “All the items... which have already been classified as ‘not valid for forex’ cannot be funded at the interbank (foreign exchange market), from proceeds of exports and bureaux de change (BDC) sources,” CBN said. “Any authorised (forex) dealer that is found to have used funds from the interbank,

fer for a BDC shall be sanctioned appropriately,” it added. Although the central bank did not spell out the penalties, bankers told AFP they could include the withdrawal of operating licences and prosecution of offenders. Despite banning the imports of rice, poultry and dairy products to protect local manufacturers, the goods still find their way into the country through smuggling.

Economic Indicators M2* CPS* INF MPR 91-day NTB Bonny Light Ext Res**

As at Mar, 2015 Mar, 2015 May, 2015 4/6/2015 Mar 2015 2/7/2015 1/7/2015

N19,142,526.05m N18,579,219.49m 9 13 10.77 US$60.42 US$29,077,255,136

Source:CBN

Description 13.05 16-AUG-2016 15.10 27-APR-2017 16.00 29-JUN-2019 15.54 13-FEB-2020 16.39 27-JAN-2022 14.20 14-MAR-2024 10.00 23-JUL-2030

FGN Bonds

TTM

Price 98.49 100.52 102.83 101.94 106.37 97.07 68.00

1.12 1.82 3.99 4.62 6.57 8.70 15.06

NIBOR

Tenor (Days) Call 30 90 180

Rate (%) 7.8333 13.8050 15.2828 15.9440

Bid Yield 14.51 14.73 15.03 14.93 14.83 14.80 15.56

Change (%) -0.67 ▼ -1.08 ▼ -0.93 ▼ -1.10 ▼

Change (%) 0.01 ▲ 0.00 ↔ 0.18 ▲ 0.02 ▲ 0.12 ▲ 0.14 ▲ 0.00 ↔

Price 98.64 100.67 103.13 102.24 106.67 97.37 68.30

Tenor (Months)

Offer Yield 14.36 14.63 14.93 14.84 14.76 14.73 15.49

NITTY

1 2 3 6 9 12

Treasury Bills

Rate (%) 10.4477 12.1216 13.5001 13.5655 14.0134 14.2239

Spot ($/N)

Offer 198.15

Change (%) -1.40 ▼ -0.95 ▼ 0.08 ▲ -0.18 ▼ 0.11 ▲ 0.11 ▲

Money Market

Maturity Date Discount Bid Yield Change (%) Discount Offer Yield Change (%) Rate (%) 12.75 13.16 -0.14 ▼ Open-Buy-Back (OBB) 5.67 01-Oct-15 13.00 13.43 -0.14 ▼ 12.58 13.45 -0.81 ▼ Overnight (O/N) 6.17 07-Jan-16 12.83 13.74 -0.81 ▼ 12.39 13.99 -0.05 ▼ 02-Jun-16 12.64 14.31 -0.05 ▼ Bid 198.05

Change (%) 0.01 ▲ 0.00 ↔ 0.18 ▲ 0.02 ▲ 0.12 ▲ 0.14 ▲ 0.00 ↔

Change (%) -0.28 ▼

NIFEX

Bid Spot ($/N) 198.9625

Offer 199.0625

Change (%) -1.58 ▼ -1.50 ▼

Change (%) 0.01 ▲

CBN Clearing Rates of June 11, 2015 Spot ($/N)

195.95

196.95

0.03 Source: FMDQ

Business | Financial Market News

FRIDAY, JULY 3, 2015 NEW TELEGRAPH

FMDQ Daily Quotations List

2-Jul-15

The DQL contains data relating to, amongst other things, market and model prices, rates of foreign exchange products, fixed income securities and instruments in the financial market (the “Information”). The Information does not constitute professional, financial or investment advice. We attempt to ensure the Information is accurate; however, the Information is provided “AS IS” and on an “AS AVAILABLE” basis and may not be accurate or up to date. We do not guarantee the accuracy, timeliness, completeness, performance or fitness for a particular purpose of any of the Information, neither do we accept liability for the results of any action taken on the basis of the Information.

Bonds FGN Bonds

Price

Rating/Agency

Issuer

Description ^13.05 16-AUG-2016 ^15.10 27-APR-2017 9.85 27-JUL-2017 9.35 31-AUG-2017 10.70 30-MAY-2018 ^16.00 29-JUN-2019 7.00 23-OCT-2019 ^15.54 13-FEB-2020 ^16.39 27-JAN-2022 ^14.20 14-MAR-2024 15.00 28-NOV-2028 12.49 22-MAY-2029 8.50 20-NOV-2029 ^10.00 23-JUL-2030 ^12.1493 18-JUL-2034

Issue Date

Coupon (%)

Outstanding Value (N'bn)

16-Aug-13 27-Apr-12 27-Jul-07 31-Aug-07 30-May-08 29-Jun-12 23-Oct-09 13-Feb-15 27-Jan-12 14-Mar-14 28-Nov-08 22-May-09 20-Nov-09 23-Jul-10 18-Jul-14

13.05 15.10 9.85 9.35 10.70 16.00 7.00 15.54 16.39 14.20 15.00 12.49 8.50 10.00 12.1493

581.39 476.80 20.00 100.00 300.00 351.30 233.90 233.73 600.00 599.99 75.00 150.00 200.00 591.57 324.50

TOTAL OUTSTANDING VALUE

4,838.17

TOTAL MARKET CAPITALISATION

4,413.34

Rating/Agency

Issuer

Description

Maturity Date

TTM (Yrs)

16-Aug-16 27-Apr-17 27-Jul-17 31-Aug-17 30-May-18 29-Jun-19 23-Oct-19 13-Feb-20 27-Jan-22 14-Mar-24 28-Nov-28 22-May-29 20-Nov-29 23-Jul-30 18-Jul-34

1.12 1.82 2.07 2.17 2.91 3.99 4.31 4.62 6.57 8.70 13.41 13.89 14.39 15.06 19.04

Bid Yield (%)

Offer Yield (%)

Bid Price

Offer Price

14.51 14.73 14.81 14.83 14.94 15.03 15.04 14.93 14.83 14.80 16.12 16.30 16.50 15.56 14.83

14.36 14.63 14.72 14.74 14.87 14.93 14.92 14.84 14.76 14.73 16.06 16.23 16.41 15.49 14.77

98.49 100.52 91.40 90.13 90.26 102.83 75.14 101.94 106.37 97.07 93.90 79.24 56.44 68.00 83.12

98.64 100.67 91.55 90.28 90.41 103.13 75.44 102.24 106.67 97.37 94.20 79.54 56.74 68.30 83.42

Issue Date

Coupon (%)

Outstanding Value (N'bn)

Maturity Date

Avg. Life/TTM (Yrs)

Risk Premium (%)

Valuation Yield (%)

Modelled Price

03-Apr-12 09-Dec-11 20-Apr-12 06-Jul-12

17.25 0.00/16.00 0.00/16.50 0.00/16.50

2.10 112.22 116.70 66.49

03-Apr-17 08-Dec-16 19-Apr-17 06-Jul-17

0.75 1.44 1.80 2.01

2.94 1.39 1.00 1.00

16.88 15.99 15.75 15.80

100.30 99.97 104.40 100.98

Agency Bonds FMBN ***LCRM

17.25 FMB II 03-APR-2017 0.00/16.00 LCRM 08-DEC-2016 0.00/16.50 LCRM II 19-APR-2017 0.00/16.50 LCRM III 06-JUL-2017

TOTAL OUTSTANDING VALUE

297.52

TOTAL MARKET CAPITALISATION

303.28

Sub-National Bonds A/Agusto

KADUNA

12.50 KADUNA 31-AUG-2015

31-Aug-10

12.50

8.50

31-Aug-15

0.16

4.44

16.47

99.27

A-/Agusto

*EBONYI

13.00 EBONYI 30-SEP-2015

30-Sep-10

13.00

2.16

30-Sep-15

0.25

3.23

16.82

99.03

BBB+/Agusto

*BENUE

14.00 BENUE 30-JUN-2016

30-Jun-11

14.00

2.60

30-Jun-16

0.74

4.46

18.39

97.09

‡ /Agusto

*IMO

15.50 IMO 30-JUN-2016

30-Jun-09

15.50

3.96

30-Jun-16

0.75

3.48

17.42

98.70

A+/Agusto; ‡ /GCR

LAGOS

10.00 LAGOS 19-APR-2017

19-Apr-10

10.00

57.00

19-Apr-17

1.80

1.00

15.75

91.24

‡ /Agusto

*BAYELSA

13.75 BAYELSA 30-JUN-2017

30-Jun-10

13.75

21.24

30-Jun-17

1.29

1.00

15.45

98.11

‡ /Agusto

EDO

14.00 EDO 31-DEC-2017

30-Dec-10

14.00

25.00

31-Dec-17

2.50

1.79

16.66

94.73

‡ /Agusto; A+/GCR

*DELTA

14.00 DELTA 30-SEP-2018

30-Sep-11

14.00

30.81

30-Sep-18

1.88

1.80

16.57

96.06

Bb-/Agusto; A-/GCR

NIGER

14.00 NIGER II 4-OCT-2018

04-Oct-11

14.00

9.00

04-Oct-18

1.89

1.00

15.78

97.20

‡ /Agusto; A-/GCR†

*EKITI

14.50 EKITI 09-DEC-2018

09-Dec-11

14.50

12.40

09-Dec-18

2.08

1.00

15.81

97.79

Bb-/Agusto

*NIGER

14.00 NIGER III 12-DEC-2018

12-Dec-13

14.00

9.21

12-Dec-18

2.08

4.78

19.59

91.11

‡ /Agusto; A-/GCR

*ONDO

15.50 ONDO 14-FEB-2019

14-Feb-12

15.50

27.00

14-Feb-19

2.06

1.00

15.81

99.44

BBB+/Agusto; A-/GCR Aa-/Agusto; ‡ /GCR

*GOMBE LAGOS

15.50 GOMBE 02-OCT-2019 14.50 LAGOS 22-NOV-2019

BBB-/Agusto; BBB+/GCR

*OSUN

14.75 OSUN 12-DEC-2019

02-Oct-12 22-Nov-12 12-Dec-12

15.50 14.50 14.75

15.09 80.00 24.74

02-Oct-19 22-Nov-19 12-Dec-19

2.50 4.39 2.56

2.02 1.00 1.00

16.89 16.02 15.88

97.27 95.30 97.74

BBB-/Agusto

*OSUN

14.75 OSUN II 10-OCT-2020

10-Oct-13

14.75

10.78

10-Oct-20

3.01

1.82

16.77

95.54

Aa-/Agusto; ‡ /GCR

LAGOS

13.50 LAGOS 27-NOV-2020

27-Nov-13

13.50

87.50

27-Nov-20

5.41

1.00

15.90

91.47

A-/Agusto; BBB+/DataPro

KOGI

15.00 KOGI 31-DEC-2020

31-Dec-13

15.00

5.00

31-Dec-20

5.50

1.00

15.89

96.81

‡ /Agusto A-/GCR

*EKITI *NASARAWA

14.50 EKITI II 31-DEC-2020 15.00 NASARAWA 06-JAN-2021

31-Dec-13

14.50

4.30

31-Dec-20

3.34

1.00

16.01

96.38

06-Jan-14

15.00

4.56

06-Jan-21

3.19

1.00

15.98

97.75

99.69

TOTAL OUTSTANDING VALUE TOTAL MARKET CAPITALISATION

440.84 418.13

Corporate Bonds BBB+/Agusto BBB-/Agusto

*UPDC

10.00 UPDC 17-AUG-2015

17-Aug-10

10.00

2.50

17-Aug-15

0.13

1.00

12.33

*FLOURMILLS

12.00 FLOURMILLS 9-DEC-2015

09-Dec-10

12.00

9.38

09-Dec-15

0.44

1.00

14.71

98.87

BB/GCR

*CHELLARAMS

14.00 CHELLARAMS 06-JAN-2016

06-Jan-11

14.00

0.42

06-Jan-16

0.27

2.63

16.29

99.48

A+/Agusto; A-/GCR

NAHCO

13.00 NAHCO 29-SEP-2016

29-Sep-11

13.00

15.00

29-Sep-16

1.24

1.00

15.40

97.32

A-/Agusto

FSDH

14.25 FSDH 25-OCT-2016

25-Oct-13

14.25

5.53

25-Oct-16

1.32

1.34

15.82

98.14

A/GCR

UBA

13.00 UBA 30-SEP-2017

30-Sep-10

13.00

20.00

30-Sep-17

2.25

1.00

15.84

94.74

BBB-/GCR

18.00 C&I LEASING 30-NOV-2017

30-Nov-12

18.00

0.56

30-Nov-17

1.48

1.88

16.53

102.55

Nil

*C & I LEASING *DANA#{r}

MPR+7.00 DANA 9-APR-2018

09-Apr-11

16.00

5.40

09-Apr-18

1.52

1.00

15.68

100.35

A-/DataPro†; B+/GCR

*TOWER#

MPR+7.00 TOWER 9-SEP-2018

09-Sep-11

18.00

2.54

09-Sep-18

1.69

1.00

15.72

103.06

1.69

1.00

15.72

100.31

AAA/DataPro†; A/GCR

*TOWER

MPR+5.25 TOWER 9-SEP-2018

09-Sep-11

16.00

0.70

09-Sep-18

A+/Agusto; A/GCR

UBA

14.00 UBA II 30-SEP-2018

30-Sep-11

14.00

35.00

30-Sep-18

3.25

3.00

17.99

90.43

BBB+/Agusto; BBB+/GCR

15.75 LA CASERA 18-OCT-2018

18-Oct-13

15.75

2.10

18-Oct-18

1.80

2.29

17.04

98.05

BBB-/DataPro†; BB/GCR

*LA CASERA *CHELLARAMS#

MPR+5.00 CHELLARAMS II 17-FEB-2019

17-Feb-12

18.00

0.36

17-Feb-19

1.88

6.11

20.88

95.94

Nil

*DANA#{r}

16.00 DANA II 1-APR-2019

01-Apr-14

16.00

4.50

01-Apr-19

2.50

2.16

17.03

97.92

A+/Agusto; A-/GCR

NAHCO

15.25 NAHCO II 14-NOV-2020

14-Nov-13

15.25

2.05

14-Nov-20

5.37

2.76

17.66

91.79

BBB/GCR

FCMB

14.25 FCMB I 20-NOV-2021

20-Nov-14

14.25

26.00

20-Nov-21

6.39

1.80

16.62

90.82

A/GCR

UBA

16.45 UBA I 30-DEC-2021

30-Dec-14

16.45

30.50

30-Dec-21

6.50

2.63

17.44

96.22

A/GCR

STANBIC IBTC

182D T.bills+1.20 STANBIC IA 30-SEP-2024

30-Sep-14

16.29

0.10

30-Sep-24

9.25

1.00

15.89

101.83

A/GCR

STANBIC IBTC

13.25 STANBIC IB 30-SEP-2024

30-Sep-14

13.25

15.44

30-Sep-24

9.25

1.00

15.89

87.37

TOTAL OUTSTANDING VALUE

178.07

TOTAL MARKET CAPITALISATION

167.35

Supranational Bond AAA/S&P

IFC

10.20 IFC 11-FEB-2018

11-Feb-13

10.20

12.00

11-Feb-18

2.61

1.00

15.89

88.18

Aaa/Moody's; AAA/S&P

AfDB

11.25 AFDB 1-FEB-2021

10-Jul-14

11.25

12.95

01-Feb-21

4.75

1.00

15.96

80.90

Bid Price

Offer Price

TOTAL OUTSTANDING VALUE

24.95 21.06

TOTAL MARKET CAPITALISATION Rating/Agency

Issuer

Description

Issue Date

Coupon (%)

Outstanding Value ($mm)

Maturity Date

Bid Yield (%)

Offer Yield (%)

6.75 JAN 28, 2021

07-Oct-11

6.75

500.00

28-Jan-21

5.99

5.79

103.55

104.50

5.13 JUL 12, 2018

12-Jul-13

5.13

500.00

12-Jul-18

4.98

4.63

100.41

101.37

6.38 JUL 12, 2023

12-Jul-13

6.38

500.00

12-Jul-23

6.30

6.14

100.49

101.49

FGN Eurobonds

Prices & Yields

BB-/Fitch; B+/S&P BB-/Fitch; BB-/S&P

FGN

BB-/Fitch; BB-/S&P

TOTAL OUTSTANDING VALUE

1,500.00

TOTAL MARKET CAPITALISATION

1,522.22

Corporate Eurobonds B+/Fitch; B+/S&P

GTBANK PLC I

7.50 MAY 19, 2016

19-May-11

7.50

500.00

19-May-16

5.98

101.25

B+/S&P

ACCESS BANK PLC

7.25 JUL 25, 2017

25-Jul-12

7.25

350.00

25-Jul-17

7.51

99.50

B/Fitch; B/S&P

FIDELITY BANK PLC

6.88 MAY 09, 2018

09-May-13

6.88

300.00

02-May-18

11.20

10.21

89.71

91.95

B+/Fitch; B+/S&P

GTBANK PLC

6.00 NOV 08, 2018

08-Nov-13

6.00

400.00

08-Nov-18

7.78

7.20

94.85

96.50

B+/Fitch; BB-/S&P

ZENITH BANK PLC

6.25 APR 22, 2019

22-Apr-14

6.25

500.00

22-Apr-19

7.24

96.75

B/Fitch; B/S&P

DIAMOND BANK PLC

8.75 May 21, 2019

21-May-14

8.75

200.00

21-May-19

10.22

9.67

95.36

97.06

B-/Fitch; B/S&P B-/Fitch; B/S&P B-/Fitch; B/S&P

FIRST BANK PLC ACCESS BANK PLC II FIRST BANK LTD

8.25 AUG 07, 2020 9.25/6M USD LIBOR+7.677 JUN 24, 2021 8.00/2Y USD SWAP+6.488 JUL 23 2021

07-Aug-13 24-Jun-14 23-Jul-14

8.25 9.25 8.00

300.00 400.00 450.00

07-Aug-20 24-Jun-21 23-Jul-21

9.28 10.40 9.53

9.28 10.13 9.53

95.25 95.24 92.33

95.25 96.36 92.33

B-/S&P

ECOBANK NIG. LTD

8.75 AUG 14, 2021

14-Aug-14

8.75

250.00

14-Aug-21

10.53

10.02

91.38

93.50

TOTAL OUTSTANDING VALUE

3,650.00

TOTAL MARKET CAPITALISATION

3,488.09

**Treasury Bills^ DTM 7 14 21 28 35 42 56 63

FIXINGS Maturity 9-Jul-15 16-Jul-15 23-Jul-15 30-Jul-15 6-Aug-15 13-Aug-15 27-Aug-15 3-Sep-15

Bid Discount (%) 10.26 10.10 10.19 10.10 10.73 11.63 11.40 11.97

Offer Discount (%) 10.01 9.85 9.94 9.85 10.48 11.38 11.15 11.72

Bid Yield (%) 10.28 10.14 10.25 10.18 10.84 11.79 11.60 12.22

Money Market

NIBOR Tenor O/N 1M 3M 6M

Rate (%) 7.8333 13.8050 15.2828 15.9440

Tenor

Rate (%)

OBB

5.67

O/N Tenor Call 1M

6.17

REPO

Rate (%) 5.00 5.25

Foreign Exchange (Spot & Forwards) Tenor

Bid ($/N)

Offer ($/N)

Spot 7D 14D 1M 2M 3M

198.05 201.81 202.13 202.87 204.24 205.60

198.15 201.93 202.28 203.37 205.31 207.21

FGN Bonds

Price

Rating/Agency

Issuer

Description

Coupon (%)

16-Aug-13 27-Apr-12 27-Jul-07 31-Aug-07 30-May-08 29-Jun-12 23-Oct-09 13-Feb-15 27-Jan-12 14-Mar-14 28-Nov-08 22-May-09 20-Nov-09 23-Jul-10 18-Jul-14

13.05 15.10 9.85 9.35 10.70 16.00 7.00 15.54 16.39 14.20 15.00 12.49 8.50 10.00 12.1493

581.39 476.80 20.00 100.00 300.00 351.30 233.90 233.73 600.00 599.99 75.00 150.00 200.00 591.57 324.50

^13.05 16-AUG-2016 ^15.10 27-APR-2017 9.85 27-JUL-2017 9.35 31-AUG-2017 10.70 30-MAY-2018 ^16.00 29-JUN-2019 7.00 23-OCT-2019 ^15.54 13-FEB-2020 ^16.39 27-JAN-2022 ^14.20 14-MAR-2024 15.00 28-NOV-2028 12.49 22-MAY-2029 8.50 20-NOV-2029 ^10.00 23-JUL-2030 ^12.1493 18-JUL-2034

NEW TELEGRAPH FRIDAY, JULY 3, 2015

TOTAL OUTSTANDING VALUE

Issue Date

Outstanding Value (N'bn)

1.12 1.82 2.07 2.17 2.91 3.99 4.31 4.62 6.57 8.70 13.41 13.89 14.39 15.06 19.04

Outstanding Value (N'bn)

Maturity Date

Bid Yield (%)

Bid Price

Offer Price

14.51 14.73 14.81 14.83 14.94 15.03 15.04 14.93 14.83 14.80 16.12 16.30 16.50 15.56 14.83

14.36 14.63 14.72 14.74 14.87 14.93 14.92 14.84 14.76 14.73 16.06 16.23 16.41 15.49 14.77

98.49 100.52 91.40 90.13 90.26 102.83 75.14 101.94 106.37 97.07 93.90 79.24 56.44 68.00 83.12

98.64 100.67 91.55 90.28 90.41 103.13 75.44 102.24 106.67 97.37 94.20 79.54 56.74 68.30 83.42

Avg. Life/TTM (Yrs)

# Risk Premium (%)

Valuation Yield (%)

Modelled Price

Business | Financial Market News

Stock market drops by N42bn 4,413.34

Equities drain as market Issuer Rating/Agency confidence slumps Agency Bonds FMBN ***LCRM

Stories by Chris VALUE Ugwu TOTAL OUTSTANDING

TOTAL MARKET CAPITALISATION

rading activities on the nation’s capital A/Agusto KADUNA market, which opened A-/Agusto *EBONYI BBB+/Agustothe third quarter *BENUE of ‡ /Agusto *IMO the year last Wednesday A+/Agusto; ‡ /GCR LAGOS with ‡ /Agusto *BAYELSA weak numbers, yesterday con‡ /Agusto EDO tinued culminating into ‡ /Agusto; A+/GCR *DELTAa loss Bb-/Agusto; A-/GCR NIGER of N42 billion. ‡ /Agusto; A-/GCR† *EKITI Bb-/Agusto *NIGER Market analysts believe in‡ /Agusto; A-/GCR *ONDO vestors, especially foreigners, BBB+/Agusto; A-/GCR *GOMBE Sub-National Bonds

Aa-/Agusto; ‡ /GCR

LAGOS

BBB-/Agusto; BBB+/GCR

*OSUN

Description

Issue Date

were unlikely to make signifi17.25 FMB II 03-APR-2017 0.00/16.00 LCRM 08-DEC-2016 cant investment in the market 0.00/16.50 LCRM II 19-APR-2017 0.00/16.50 LCRMa III clear 06-JUL-2017 until they had picture of the policy direction of the government, which is yet to name its economic drivers. 12.50 KADUNA 31-AUG-2015 Consequently , the All-Share 13.00 EBONYI 30-SEP-2015 14.00 BENUE 30-JUN-2016 Index shed 124.32 basis points or 15.50 IMO 30-JUN-2016 0.37 per cent to19-APR-2017 close at 32,739.11 10.00 LAGOS 13.75 BAYELSA 30-JUN-2017 index points, as against 32,863.43 14.00 EDO 31-DEC-2017 recorded previous 14.00 the DELTA 30-SEP-2018 day. Mar14.00 NIGER II 4-OCT-2018 ket capitalisation of equities on 14.50 EKITI 09-DEC-2018 14.00 NIGER III 12-DEC-2018 the other hand, depreciated by 15.50 ONDO 14-FEB-2019 N42 billion or 0.37 per cent to 15.50 GOMBE 02-OCT-2019

Coupon (%)

close lower at N11.17617.25 trillion 03-Apr-12 09-Dec-11 0.00/16.00 as against N11.218 trillion. 20-Apr-12 0.00/16.50 06-Jul-12 0.00/16.50 of Meanwhile, a turnover 186.7 million shares worth N1.7 billion in 3,257 deals was recorded yesterday. 31-Aug-10 12.50 The banking services sector 30-Sep-10 13.00 30-Jun-11 14.00 of the financial services sector 30-Jun-09 15.50 was the 19-Apr-10 most active (measured 10.00 30-Jun-10 13.75 by turnover volume) with 114.6 30-Dec-10 14.00 million30-Sep-11 shares worth14.00 N939.2 04-Oct-11 14.00 million09-Dec-11 exchanged by14.50 inves12-Dec-13 14.00 tors in 1,226 deals. 14-Feb-12 15.50 Volume in the sub-sector 02-Oct-12 15.50

14.50 LAGOS 22-NOV-2019

22-Nov-12 12-Dec-12

14.50 14.75

BBB-/Agusto

*OSUN

14.75 OSUN II 10-OCT-2020

10-Oct-13

14.75

Aa-/Agusto; ‡ /GCR

LAGOS

13.50 LAGOS 27-NOV-2020

27-Nov-13

13.50

A-/Agusto; BBB+/DataPro

KOGI

15.00 KOGI 31-DEC-2020

31-Dec-13

15.00

14.50 EKITI II 31-DEC-2020 15.00 NASARAWA 06-JAN-2021

31-Dec-13

14.50

06-Jan-14

15.00

14.75 OSUN 12-DEC-2019

IOSCO seeks Credit Ratings Agencies’ understanding *EKITI *NASARAWA

TTM (Yrs)

16-Aug-16 27-Apr-17 27-Jul-17 31-Aug-17 30-May-18 29-Jun-19 23-Oct-19 13-Feb-20 27-Jan-22 14-Mar-24 28-Nov-28 22-May-29 20-Nov-29 23-Jul-30 18-Jul-34

4,838.17

NEGATIVE

TOTAL MARKET CAPITALISATION

‡ /Agusto A-/GCR

Maturity Date

Offer Yield (%)

he Board of the Inter- ers. or proposed transaction TOTAL OUTSTANDING VALUE national Organization Such credit scores may would have on a traditionTOTAL MARKET CAPITALISATION of Securities Commissions include, for example, pri- al credit rating,” the ComCorporate Bonds mission added.17-Aug-10 (IOSCO) has approved vate ratings, confidential 10.00 UPDC 17-AUG-2015 BBB+/Agusto *UPDC a 12.00 FLOURMILLS 9-DEC-2015 BBB-/Agusto *FLOURMILLS project specification for ratings, expected ratings, IOSCO had09-Dec-10 published 14.00 CHELLARAMS 06-JAN-2016 BB/GCR 06-Jan-11 *CHELLARAMS its Committee 6 on Credit indicative ratings, prospecthe report on credible de13.00 NAHCO 29-SEP-2016 A+/Agusto; A-/GCR 29-Sep-11 NAHCO 14.25 FSDH 25-OCT-2016 A-/Agusto 25-Oct-13 FSDH Rating Agencies (C6) to tive ratings, provisional terrence, which identifies 13.00 UBA 30-SEP-2017 A/GCR 30-Sep-10 UBA rat- key enforcement gain a better understandfactors 18.00 C&I LEASING 30-NOV-2017 BBB-/GCR 30-Nov-12 *C & I LEASING ratings, preliminary MPR+7.00 DANA 9-APR-2018 09-Apr-11 Nil *DANA that may deter misconing of the credit rating inings, one-time ratings, MPR+7.00 TOWER 9-SEP-2018 09-Sep-11 A-/DataPro†; B+/GCR *TOWER dustry and in particular, of regional ratings, national duct in international seMPR+5.25 TOWER 9-SEP-2018 09-Sep-11 AAA/DataPro†; A/GCR *TOWER 14.00 UBA II 30-SEP-2018 A+/Agusto; A/GCR 30-Sep-11 UBA certain other products or ratings, point-in-time ratcurities and investment 15.75 LA CASERA 18-OCT-2018 BBB+/Agusto; BBB+/GCR 18-Oct-13 *LA CASERA services. scoring. Also inmarkets. CHELLARAMS II 17-FEB-2019 17-Feb-12 BBB-/DataPro†; BB/GCR *CHELLARAMS ings and MPR+5.00 16.00 DANA II 1-APR-2019 01-Apr-14 Nil *DANA A notice obtainedNAHCO from cluded are credit default A statement obtained 15.25 NAHCO II 14-NOV-2020 A+/Agusto; A-/GCR 14-Nov-13 the IOSCO website, said swap spreads, bond index- from IOSCO’s website, said 14.25 FCMB I 20-NOV-2021 20-Nov-14 BBB/GCR FCMB 16.45 UBA I 30-DEC-2021 A/GCR 30-Dec-14 UBA the Commission noted es, portfolio assessment the report draws on the 182D T.bills+1.20 STANBIC IA 30-SEP-2024 A/GCR 30-Sep-14 STANBIC IBTC that assessments, collective experience and 13.25 STANBIC IB 30-SEP-2024 A/GCR following an earlier 30-Sep-14 STANBIC IBTC tools, credit TOTAL OUTSTANDING VALUE questionnaire addressed rating assessments, as- expertise of IOSCO memTOTAL MARKET CAPITALISATION to issuers of other CRA sessments, fund ratings, bers and was produced Supranational Bondservices, C6 data feeds or research or by IOSCO’s Committee 4 Products and 10.20 IFC 11-FEB-2018 AAA/S&P 11-Feb-13 and the is now asking users IFC of the other tools which may be on Enforcement 11.25 AFDB 1-FEB-2021 Aaa/Moody's; AAA/S&P AfDB 10-Jul-14 Other CRA Products used for a person’s or or- Exchange of Information, TOTAL OUTSTANDING VALUEand TOTAL MARKET CAPITALISATION services to answer the en- ganization’s own risk as- which is chaired by the UK closed questionnaire. sessments (for example, Financial Conduct AuthorDescription Rating/Agency Issuer Issue Date The information col- quantitative models and ity (FCA). FGN Eurobonds lected through this exer- enterprise risk solutions It identifies key ele6.75 JAN 28, 2021 BB-/Fitch; B+/S&P 07-Oct-11 cise will serve to inform software), the Commission ments in the prevention BB-/Fitch; discussions between C6 noted. of misconduct and finanFGN 5.13 JUL 12, 2018 12-Jul-13 BB-/S&P IOSCO said that market members, issuers and uscial crime from12-Jul-13 a range of BB-/Fitch; 6.38 JUL 12, 2023 BB-/S&P ers of other CRA Products participants may use other international regulatory TOTAL OUTSTANDING VALUE and other interested par- CRA Products to help as- authorities and encouragTOTAL MARKET CAPITALISATION ties. sess the creditworthiness es regulators operating in Corporate Eurobonds IOSCO noted that other of an entity or obligation both emerging and devel7.50 MAY 19, 2016 B+/Fitch; B+/S&P GTBANK PLC I 19-May-11 CRA Products were distinor they may be used 7.25 forJUL difoped markets to consider 25, 2017 B+/S&P ACCESS BANK PLC 25-Jul-12 6.88 MAY 09, 2018 B/Fitch; B/S&P PLC 09-May-13 guishable from theFIDELITY tradi-BANK ferent purposes. how they might integrate 6.00 NOV 08, 2018 B+/Fitch; B+/S&P GTBANK PLC 08-Nov-13 “For example, they may credible deterrence tional credit ratings that into 6.25 APR 22, 2019 B+/Fitch; BB-/S&P ZENITH BANK PLC 22-Apr-14 be used to understand the new or existing enforceCRAs publicly disclose or 8.75 May 21, 2019 B/Fitch; B/S&P DIAMOND BANK PLC 21-May-14 8.25 AUG 07, 2020 B-/Fitch; B/S&P FIRST BANK PLC 07-Aug-13 impact that a9.25/6M hypothetical disseminate to subscribment strategies. USD LIBOR+7.677 JUN 24, 2021 B-/Fitch; B/S&P ACCESS BANK PLC II 24-Jun-14

14.00 13.00 14.25 13.00 18.00 16.00 18.00 16.00

FIRST BANK LTD

B-/S&P

ECOBANK NIG. LTD

14.00 15.75 18.00 16.00 15.25 14.25 16.45 16.29 13.25

10.20 11.25

Coupon (%)

6.75 5.13 6.38

7.50 7.25 6.88 6.00 6.25 8.75

8.00/2Y USD SWAP+6.488 JUL 23 2021

23-Jul-14

8.25 9.25 8.00

8.75 AUG 14, 2021

14-Aug-14

8.75

TOTAL MARKET CAPITALISATION

The DQL contains **Treasury Bills^

4.39 2.56

1.00 1.00

16.02 15.88

95.30 97.74

10-Oct-20

3.01

1.82

16.77

95.54

87.50

27-Nov-20

5.41

1.00

15.90

91.47

5.00

31-Dec-20

5.50

1.00

15.89

4.30

31-Dec-20

3.34

1.00

16.01

96.38

4.56

06-Jan-21

3.19

1.00

15.98

97.75

96.81

Plc and aar Communications Plc 2.50 17-Aug-15 0.13 1.00 Goldlink 12.33Insurance 99.69 Plc 9.38 09-Dec-15 0.44 1.00 14.71 98.87 were also affected. has posted N3.4 billion 0.42 06-Jan-16 0.27 2.63 16.29 99.48 Stockvis Plc, Nigeria Sewing loss in profit after tax for 15.00 29-Sep-16 1.24 1.00 15.40 97.32 5.53 25-Oct-16 1.34 15.82 98.14 Machines Plc, Jos International the financial year30-Sep-17 ended 2013. 1.32 20.00 2.25 1.00 15.84 94.74 According to latest 2013 auditBreweries Plc,16.53 Capital Oil 0.56 30-Nov-17 1.48 1.88 102.55Plc 5.40 09-Apr-18 1.52 1.00 15.68 100.35 and Golden Guinea Plc were ed financial statement posted on 2.54 09-Sep-18 1.69 1.00 15.72 103.06 slated to be removed from the Nigerian Stock Exchange’s 0.70 09-Sep-18 1.69 1.00 15.72 100.31the 35.00 30-Sep-18 3.25 3.00 17.99 90.43 (NSE’s) website, the media outfit Exchange for failing to regula2.10 18-Oct-18 1.80 2.29 17.04 98.05 had posted N273.9 million profit rise their listing status after 0.36 17-Feb-19 1.88 6.11 20.88 95.94 be4.50 01-Apr-19 2.50 2.16 17.03 97.92 in the 2.05 same period of 2012. ing given time to do so. 14-Nov-20 5.37 2.76 17.66 91.79 Also, a N2.7 billion loss profit The NSE explained in the 26.00 20-Nov-21 6.39 1.80 16.62 90.82 no30.50 30-Dec-21 6.50 2.63 17.44 96.22 before0.10 tax was recorded in 2013 tice, “The Exchange has decided 30-Sep-24 9.25 1.00 15.89 101.83 as against N354 million in 2012. to delist these entities because 15.44 30-Sep-24 9.25 1.00 15.89 87.37 178.07 The poor performance in prof- of their failure to file quarterly 167.35 its dragged the company’s basic and annual financial statements earnings per share to a loss of as required under the listing 2.61 15.89 88.18 N0.43 12.00 in the year11-Feb-18 under review rules.1.00 This regulatory action is 12.95 01-Feb-21 4.75 1.00 15.96 80.90 from N0.03 recorded in 2012. necessary in order to protect the 24.95 Remarkably, the company’s investing public from trading 21.06 revenue rose by 32.5 per cent in securities of entities with no Outstanding Value Maturity Date Bid Yield (%) Offer Yield (%) Bid Price Offer Price ($mm) from N4.2 billion in 2012 to N5.6 current information regarding Prices & Yields billion in 2013. their financial status. 500.00 28-Jan-21 5.99 5.79 Daar Communications had “Please note103.55 that this 104.50 serves last year to avoid beas a notice of delisting and 500.00scrambled 12-Jul-18 4.98 4.63 100.41 101.37 the ing delisted from the Exchange. entities will be 100.49 delisted effective 500.00 12-Jul-23 6.30 6.14 101.49 The NSE had last June served three months from the date of 1,500.00 a notice of delisting on 21 com- this notice. 1,522.22 panies, including Daar Commu“However, with the three nications, Big Treat Plc and UTC months’ period set by the Ex500.00 19-May-16 5.98 5.98 101.25 101.25 Plc for350.00 failing to file25-Jul-17 quarterly and change to conclude the delisting 7.51 7.51 99.50 99.50 300.00 11.20 10.21drawing 89.71 annual financial 02-May-18 statements as process to a close,91.95 some 400.00 08-Nov-18 7.78 7.20 94.85 96.50 required under the listing rules. of the companies made moves 500.00 22-Apr-19 7.24 7.24 96.75 96.75 Starcomms Plc,21-May-19 IPWA Plc, Nito meet obligations 200.00 10.22 9.67 their 95.36 97.06and 300.00 07-Aug-20 9.28 9.28 95.25 95.25 geria 400.00 Wire and Cable Plc, Afroil remain listed on the Exchange.” 24-Jun-21 10.40 10.13 95.24 96.36

FMDQ Daily Quotations List

TOTAL OUTSTANDING VALUE

22-Nov-19 12-Dec-19

10.78

10.00

B-/Fitch; B/S&P

80.00 24.74

Daar Communications reports N3.4bn loss in 2013

12.00

#{r}

land2.94Paints Plc with 16.88followed 100.30 1.39 15.99 99.97 4.941.00 per cent 15.75 to close at104.40 N4.67 15.80 100.98Plc per 1.00 share. Academy Press also shed 4.60 per cent to close at 91 kobo per share. On the flipside, Transcorp 4.44 16.47 99.27 Hotels the losers’ with 3.23 Plc led16.82 99.03 4.46 18.39 97.09 a drop of 9.66 per cent to close 3.48 17.42 98.70 at N7.86 per share, while 1.00 15.75 91.24Red 15.45 98.11 Star1.00 Express Plc shed five 1.79 16.66 94.73 16.57 at N4.75 96.06 per per 1.80 cent to close 1.00 15.78 97.20 share. Champion Breweries 1.00 15.81 97.79 19.59 4.96 per 91.11 Plc 4.78 trailed with cent 1.00 15.81 99.44 to close at N5.94 2.02 16.89 per share. 97.27

440.84 418.13

#{r}

was 2.10largely driven 03-Apr-17 by activi0.75 112.22 08-Dec-16 1.44 ties in the shares of Access 116.70 19-Apr-17 1.80 66.49 Plc and 06-Jul-17 2.01 Bank Unity Bank Plc. 297.52 Also, other financial ser303.28 vices sub-sector, boosted by activities in the shares of FBNH 8.50 31-Aug-15 0.16 Plc2.16followed with a turnover 30-Sep-15 0.25 30-Jun-16 0.74 of 2.60 26.5 million shares valued 3.96 30-Jun-16 0.75 at 57.00 N234.6 million in 574 deals. 19-Apr-17 1.80 21.24 30-Jun-17 1.29 Further analysis of the day’s 25.00 31-Dec-17 2.50 30.81 1.88 trading showed30-Sep-18 that PZ Cussons 9.00 04-Oct-18 1.89 Plc12.40 topped the day’s gainers’ 09-Dec-18 2.08 9.21 with 4.9912-Dec-18 2.08 table per cent to close 14-Feb-19 2.06 at 27.00 N31.97 per share, 15.09 02-Oct-19while Port2.50

450.00

23-Jul-21

9.53

92.33

250.00

14-Aug-21

10.53

10.02

91.38

3,650.00

92.33 93.50

2-Jul-15

3,488.09

data relating to, amongst other things, market and model prices, rates of foreign exchange products, fixed income securities and instruments in the financial market (the “Information”). The Information does not constitute FIXINGS Money Market Foreign Exchange (Spot & Forwards) professional,DTM financial or investment advice. We attempt to ensure the Information is accurate; theBidInformation is provided “AS IS” and on an “AS AVAILABLE”Tenor basis and mayRate not(%) be accurate or up to date. We do not guarantee Maturity Bid Discount (%) Offer Discounthowever, (%) Yield (%) NIBOR 10.26 10.01 10.28 the accuracy,7timeliness, completeness,9-Jul-15 performance or fitness for a particular purpose of any of the Information, neither do we accept liability for the results of any action taken on the basis of the Information. Bid ($/N) Offer ($/N) OBB 5.67 Tenor 14 21 28 35 42 56 63 70 Rating/Agency 84 91 105 119 133 147 154 161 168 175 189 196 NA 203 210 217 224 231 238 245 259

16-Jul-15 23-Jul-15 30-Jul-15 6-Aug-15 13-Aug-15 27-Aug-15 3-Sep-15 10-Sep-15 Issuer 24-Sep-15 1-Oct-15 15-Oct-15 29-Oct-15 12-Nov-15 26-Nov-15 3-Dec-15 10-Dec-15 17-Dec-15 24-Dec-15 7-Jan-16 14-Jan-16 NA 21-Jan-16 28-Jan-16 4-Feb-16 11-Feb-16 18-Feb-16 25-Feb-16 3-Mar-16 17-Mar-16

266

24-Mar-16

280

7-Apr-16

FGN Bonds

294 TOTAL OUTSTANDING VALUE 308

10.10 10.19 10.10 10.73 11.63 11.40 11.97 12.30 Description 12.35 13.00 ^13.05 16-AUG-2016 13.69 13.68 ^15.10 27-APR-2017 13.48 9.85 27-JUL-2017 13.72 9.35 31-AUG-2017 12.73 13.43 10.70 30-MAY-2018 12.56 ^16.00 29-JUN-2019 13.34 12.83 7.00 23-OCT-2019 13.78 ^15.54 13-FEB-2020 10.60 ^16.39 27-JAN-2022 13.72 13.44 ^14.20 14-MAR-2024 13.68 15.00 28-NOV-2028 13.71 12.49 22-MAY-2029 13.39 13.75 8.50 20-NOV-2029 13.77

^10.00 23-JUL-2030 13.63 ^12.1493 18-JUL-2034 13.53

9.85 9.94 9.85 10.48 11.38 11.15 11.72 12.05Date Issue 12.10 12.75 16-Aug-13 13.44 13.43 27-Apr-12 13.23 27-Jul-07 13.47 31-Aug-07 12.48 13.18 30-May-08 12.31 29-Jun-12 13.09 12.58 23-Oct-09 13.53 13-Feb-15 10.35 27-Jan-12 13.47 13.19 14-Mar-14 13.43 28-Nov-08 13.46 22-May-09 13.14 13.50 20-Nov-09 13.52

23-Jul-10 13.38 18-Jul-14 13.28

10.14 10.25 10.18 10.84 11.79 11.60 12.22 12.60 (%) Coupon 12.71 13.43 13.05 14.25 14.32 15.10 14.18 9.85 14.52 9.35 13.45 14.28 10.70 13.33 16.00 14.25 13.74 7.00 14.88 15.54 11.26 16.39 14.90 14.60 14.20 14.93 15.00 15.01 12.49 14.67 15.15 8.50 15.26

Bonds

10.00

15.13

12.1493 15.10

21-Apr-16

13.40

13.15

15.02

5-May-16

12.93

12.68

14.51

2-Jun-16

12.64

12.39

14.31

336

TOTAL MARKET CAPITALISATION

Tenor O/N 1M 3M 6M

Rate (%) 7.8333 13.8050 15.2828 15.9440

O/N Tenor Call 1M 3M (Yrs) TTM 6M

Outstanding Value Maturity Date (N'bn) NITTY Tenor 581.39 1M 2M 476.80 3M 20.00 6M 100.00 9M 12M 300.00

6.17

REPO

Rate (%) 16-Aug-16 10.4477 12.1216 27-Apr-17 13.5001 27-Jul-17 13.5655 31-Aug-17 14.0134 14.2239 30-May-18

351.30 29-Jun-19 233.90 NIFEX 23-Oct-19 233.73 13-Feb-20 Current Price ($/N) 27-Jan-22 BID($/N) 600.00 198.9625 OFFER ($/N) 199.0625 599.99 14-Mar-24 75.00 28-Nov-28 150.00 22-May-29 200.00 20-Nov-29 591.57 23-Jul-30 324.50 18-Jul-34

Rate (%) 5.00 5.25 Bid5.50 Yield 6.00

(%)

1.12 14.51 14.36 NOTE: 1.82 14.73 14.63 :Benchmarks 2.07 14.81 14.72 * :Amortising Bond 2.17Bond 14.83 14.74 µ :Convertible AMCON: Asset of Nigeria 2.91 Management Corporation 14.94 14.87 FGN: Federal Government of Nigeria 3.99 Mortgage Bank15.03 14.93 FMBN: Federal of Nigeria IFC: International 4.31 Finance Corporation 15.04 14.92 LCRM: Local Contractors Receivables Management 4.62 14.93 14.84 NAHCO: Nigerian Aviation Handling Company 6.57 14.83 14.76 O/N: Overnight UPDC: UAC Property Development 8.70 14.80Company 14.73 WAPCO:West Africa Portland Cement Company 13.41 16.12 16.06 13.89 16.30 16.23 14.39 16.50 16.41 15.06 15.56 15.49 19.04 14.83 14.77

Issue Date

Agency Bonds FMBN ***LCRM Buckets Modified Duration

TOTAL OUTSTANDING VALUE TOTAL MARKET CAPITALISATION

<3 3<5 >5 Market

17.25 FMB II 03-APR-2017 0.00/16.00 LCRM 08-DEC-2016 Total Outstanding 0.00/16.50 LCRM II 19-APR-2017 Porfolio Market Value(Bn) Volume(Bn) 0.00/16.50 LCRM III 06-JUL-2017

98.49 98.64 100.52 100.67 NA :Not Applicable 91.40 91.55 ^ : Market Prices 90.13 90.28 # : Floating Rate Bond ***: Deferred 90.26coupon bonds 90.41 103.13 ‡ : Bond102.83 rating under review †: Bond 75.14 rating expired 75.44 N/A :Not Available 101.94 102.24 {r} :Issuer in receivership 106.37 106.67 NGC: Nigeria-German Company 97.07 97.37 UBA: United Bank for Africa 93.90 94.20 79.24 79.54 56.44 56.74 68.00 68.30 83.12 83.42

4,413.34

*for the Amortising bonds, the average life is calculated and not the duration

Description

198.05 198.15 201.81 201.93 202.13 202.28 Price 203.37 202.87 204.24 205.31 205.60 207.21 206.28 213.47Price Bid Price Offer 220.29 226.27

4,838.17

Risk Premium is a combination of credit risk and liquidity risk premiums **Exclusive of non-trading t.bills Rating/Agency Issuer

Spot 7D 14D 1M 2M 3M Offer Yield 6M (%) 1Y

Coupon (%)

Outstanding Value (N'bn)

BOND INDEX 2.10 03-Apr-12FMDQ FGN 17.25 09-Dec-11 0.00/16.00 112.22 Weighting by Mkt 0.00/16.50 Bucket 116.70 Weighting Value 06-Jul-12 0.00/16.50 66.49

Weighting by 20-Apr-12 Outstanding Vol

840.48

828.10

26.06

28.29

1,458.87

1,433.72

45.12

49.10

671.97

916.07

28.83

22.62

2,971.32

3,177.88

100.00

Maturity Date

03-Apr-17 08-Dec-16

% Exposure_ 19-Apr-17 Mod_Duration

06-Jul-17

Avg. Life/TTM (Yrs)

0.75 1.44 1.80 Implied Yield 2.01

# Risk Premium (%)

2.94 1.39

Implied 1.00 Portfolio Price

1.00

Valuation Yield (%)

16.88 15.99 15.75 INDEX 15.80

Modelled Price

100.30 99.97

YTD 104.40 Return (%)

100.98

297.520.26

13.48

14.91

127.9490

1,164.04

303.280.29

44.51

14.83

125.1538

1,085.01

42.01

15.26

91.1601

1,099.03

9.1372

100.00

15.02

116.0831

1,105.41

4.7603

0.45

1.00

5.0720 7.1537

Sub-National Bonds A/Agusto

KADUNA

12.50 KADUNA 31-AUG-2015

31-Aug-10

12.50

8.50

31-Aug-15

0.16

4.44

16.47

99.27

A-/Agusto

*EBONYI

13.00 EBONYI 30-SEP-2015

30-Sep-10

13.00

2.16

30-Sep-15

0.25

3.23

16.82

99.03

BBB+/Agusto

*BENUE

14.00 BENUE 30-JUN-2016

30-Jun-11

14.00

2.60

30-Jun-16

0.74

4.46

18.39

97.09

‡ /Agusto

*IMO

15.50 IMO 30-JUN-2016

30-Jun-09

15.50

3.96

30-Jun-16

0.75

3.48

17.42

98.70

A+/Agusto; ‡ /GCR

LAGOS

10.00 LAGOS 19-APR-2017

19-Apr-10

10.00

57.00

19-Apr-17

1.80

1.00

15.75

91.24

‡ /Agusto

*BAYELSA

13.75 BAYELSA 30-JUN-2017

30-Jun-10

13.75

21.24

30-Jun-17

1.29

1.00

15.45

98.11

‡ /Agusto

EDO

14.00 EDO 31-DEC-2017

30-Dec-10

14.00

25.00

31-Dec-17

2.50

1.79

16.66

94.73

‡ /Agusto; A+/GCR

*DELTA

14.00 DELTA 30-SEP-2018

30-Sep-11

14.00

30.81

30-Sep-18

1.88

1.80

16.57

96.06

FRIDAY, JULY 3, 2015 NEW TELEGRAPH

Metro CRUEL HUBBY

For giving birth to twins three consecutive times, a man has fled his home, living his wife and six children uncared for Muritala Ayinla

‘My husband abandoned me with six children’

“M

y husband left me after he realised that I was carrying the pregnancy of another set of twins. We already have two sets of twins before this new set of twins. “It is becoming difficult to cater for the children now. Now, I am left with six children with no husband and relations.” That was the lamentation of a 34-year-old woman, Ruth Uche, who stormed the Lagos State Secretariat, Alausa, Ikeja, with six children to seek financial assistance. She has three sets of twins. Two sets of the twins were born through Caesarean section. Apparently confused about who to call for assistance, Uche was moving around the Ministry of Home Affairs, crying for help. Strapped on her back was a two-month-old baby while she held another close to her bosom. The distraught woman said that she was looking for assistance because she did not want to abandon her children on the street. The woman recounted how her 39-year-old husband, Emeka Uche, abandoned her after uncontrolled child births. She said: “I met my husband in 2002 but we got married in 2008. We met at a village in Umuahia, Abia State.” Uche said she gave birth to the first set of twins four years ago and that all efforts to control the childbirth failed when she became pregnant and gave birth to another set of twins two years ago. She said: “I was using traditional family planning; I used to calculate some days before having intercourse. It was

ABIODUN BELLO FEATURES Editor

abiodun.bello@newtelegraphonline.com

Mrs Uche with her six children

working for me. You can see my first twins are four years old. You know as women, we cannot deny our husbands that thing whenever they requested for it. “Whenever I mistakenly take in, he would say that I was pretending. Sometimes, I would go through a long process to abort the pregnancy. After that another one would happen, I would still have to go through the process again to abort it. When this one happened he still insisted that I was pretending until the pregnancy became obvious. “My church was responsible for the payment of the first delivery. The church paid N120,000 for the delivery of the first set of twins. The two deliveries of the twins were through Caesarean section for which we paid N120,000 each.

The delivery of the last twins was normal.” Uche said her husband abandoned her with fivemonth-old pregnancy. The woman said she did not know her husband’s relations while her own relations had abandoned her for giving birth to yet another set of twins. She added: “I only know two of his relations. One of them lives in Ikorodu, while the other lives at Ajegunle. My elder brother, who could have also helped is very annoyed with me for giving birth to another set of twins. He had warned me before not to have any other child after the two set of twins, especially with the kind of husband I have. “I want Nigerians to help me because nobody to pay their school fees. I am a teacher with a meagre salary.”

Gunmen kidnap FCE chief librarian in Cross River Clement James Calabar

unmen have abducted the Chief Librarian of the Federal College of Education, Obudu, Cross River State, Mr Godwin Anyating. Anyating’s abduction came barely two weeks after a pastor of Living Faith Church in the state regained his freedom from kidnappers. Anyating’s wife, Felicia, told journalists in Calabar yesterday that the abductors were yet to make demands. She said the gunmen, numbering seven, invaded their home about 2am on Wednesday and robbed the family.

According to her, they later dragged her husband into the car and drove away. Mrs Anyating said it took the hoodlums about one hour to cut the burglar proof on the window before breaking into the house located at Bebuabong village on Ogoja Road in Obudu to kidnap the Liberian. She said: “Four of them entered the house while three of them or so waited outside and I am suspecting they are kidnappers and not hired killers because they would have killed him there if they wanted to kill him.” Mrs Anyating, who also teaches at the institution, said the hoodlums stole money, her phones and some other valuables in the house before taking her husband along.

News 45

NEW TELEGRAPH FRIDAY, JULY 3, 2015

City Briefs

Ambode won’t demolish Ladipo Market, says LG boss Muritala Ayinla

ushin Local Government Area of Lagos yesterday said Governor Akinwunmi Ambode had no plan to either demolish or relocate the popular Ladipo Auto Spare Parts Market. The Executive Secretary, Mushin Local Government, Jide Bello, who briefed the State House Correspondents, said the government was only planning to upgrade the market in line with the mega city plan of Governor Ambode’s administration. Bello said that the plan, as contained in an agreement earlier reached with the traders, was to redevelop the market in phases, lasting three to five months of construction work. He added that Ambode had no plans to relocate the popular market, saying that the genuine owners of the market would take over their shops af-

Traders at the Ladipo Market, Lagos.

ter the renovation. The executive secretary said that market union decided on the contractor for the renovation of the market, adding that an Igbo man from Enugu State

PHOTO: TONY EGUAYE

was handling the project as demanded by the traders. According to him, the authorities of the Mushin Local Government convened several meetings with the leaders

of the various associations in the market to ensure that the private developer commences the phased development. Bello, however, added that it was evident from the body language of the leaders that they were buying time and trying to frustrate the plan to redevelop the market. Noting that there would be no going back on the decision to redevelop the market to meet the mega city status of Lagos, he assured the traders that Mushin remained a home to them all. Bello added that current owners would be give attention as long as they could provide valid ownership papers once the construction was completed. One of the traders, Leonard Owunalu, who spoke on behalf of the shop owners, blamed the crisis in the market on communication gap between the traders and the executives.

Accused attempt to escape in court Juliana Francis

eople at the Federal High Court, Ikoyi, Lagos State were shocked as two accused, brought to the court by the National Drug Law Enforcement Agency (NDLEA), attempted to escape through the lagoon. The accused, Enitan Ibrahim and Kehinde Ogunmola, were arraigned before Justice Musa Kurya for dealing in narcotics. Both men were said to have taken to their heels at the court registry while their remand documents were being signed. An operative of the NDLEA, Chief Narcotic Agent (CNA), Gila Moses, was said to have chased and caught one of the accused who wanted to escape through the waterside while

the other was apprehended by court security personnel. The NDLEA Head, Media and Publicity, Mitchel Ofoyeju, said: “The accused said that they became scared when a drug convict was sentenced to 10 years.” The NDLEA Chairman, Ahmadu Giade, commended the officers for the bravery displayed in preventing the accused from escaping through the lagoon. He said: “The gallantry and courage of the officer who re-arrested and prevented an accused from escaping through the waterside is laudable. I also thanked the court security official who apprehended the second accused person. “The agency will continue to motivate officers by

Emmanuel

rewarding outstanding performance.” The NDLEA boss also commended operatives at the Murtala Mohammed International Airport (MMIA) Lagos, who made spectacular seizures during pre-shipment screening at the cargo

American loses N12m to Nigerian Internet lover Juliana Francis

wo men, Mr Osaze Akhigbe and Mr Ndekwu Jindu, have been remanded in Kirikiri Prison for allegedly duping an American lady of $64,000 (about N12 million). They said the money was for the payment of marriage engagement. The men posed as white men to dupe the lady via Internet. Akhigbe and Jindu were arraigned yesterday by the Economic and Financial Crimes Commission (EFCC) before Justice Lawal Akapo of the Lagos State High Court, Ikeja on an 11-count charge bordering on conspiracy to obtain goods and money by false pretence. The defendants pleaded not guilty to the charge when it was read to them. Akhigbe and Jindu were arrested by the EFCC in 2013 after

receiving a petition from one K. Jolanta, an American. The EFCC Head, Media and Publicity, Wilson Uwujaren, said: “Jolanta alleged that she met Jindu, who introduced himself as a self-employed Caucasian pharmacist, online in June 2012. She said she was impressed by his profile and ‘fell in love’ with him. Both of them agreed to get married.”

Akhigbe

section of the airport. Cannabis hidden in noodles meant for export to London and methamphetamine found in hair attachment meant for export to South Africa were intercepted. Two suspects are currently being interrogated by NDLEA investigators in connection with the seizures. The NDLEA commander at the Murtala Mohammed International Airport (MMIA), Mr Hamza Umar, said that a refrigerator technician and a trader were apprehended. He said: “A 47-year-old refrigerator technician, Quadri Aregbesola, was caught with 8.09kg of dried cannabis, while a 40-year-old trader, Nzubeka Emmanuel, was found with 1.05kg of methamphetamine.”

EFCC recovers N2.2m for love scam victim Betty Sobo

he Economic and Financial Crimes Commission (EFCC) has helped a French national, Mr F. Mercade, to recover 10,000 Euros (about N2,250,000). Mercade was duped by two internet fraudsters, Omodara Oluseye and Adesuyi Adedapo after he was deceived into a relationship. The EFCC Head, Media and Publicity, Mr Wilson Uwujaren, said in a statement that the scam was reported to the commission via a petition from the French Consulate in Lagos State on behalf of Mercade. The petition alleged that the victim met a beautiful Nigerian, Kate Williams, on the internet sometime in 2009 and they developed a relationship which was to culminate in marriage. Williams was to relocate to join Mercade in France to consummate the relationship.

NSCDC promotes 152 officers John Edu

he Lagos State Command of the Nigeria Security and Civil Defence Corps (NSCDC) has promoted 152 of its officers. The NSCDC made the announcement at its Alausa office, Ikeja. Most of those affected were promoted to the ranks of senior officers. The newly promoted officers were decorated with their new ranks. Those promoted are from the ranks of Assistant Deputy Commandant (ADC) and Chief Superintendent (CS). The state Assistant Commandant General, Mr Lugard Osaro, said the idea was to appreciate the effort of officers who had not relented in their duties. He said: “Destiny, as they say, can only be delayed, but not denied. This kind of occasion is the first of its kind since the inception of NSCDC.”

tasks youth Protesting workers shut Cleric on leadership Akwa Ibom Airport Betty Sobo Tony Anichebe Uyo

rotesting union members yesterday shut the Akwa Ibom State International Airport over the redeployment of some of them to ministries by the government. The protesters, who shut the control tower, damaged some fire fighting equipment. One of the workers, Mr Nkereuwem Okon, disclosed that some of their colleagues and union members were arrested by the police. The state Police Public Relations Officer (PPRO) ASP Cordelia Nwawe, confirmed that some staff of the airport protesting over issues bothering on nonpayment of salaries and

allowances were arrested. The PPRO, however, urged the public to remain calm, saying the police were working on the situation. She added that the Commissioner of Police, Mr Gabriel Achong, would soon speak on the issue. This is not the first time the airport staff would protest what they referred to as unfair labour practices. Several times, the workers had protested and shutdown the airport over payment of irregular wages, claiming that their wages were lower than what their colleagues working in other airports across the country earned. The workers have also regularly protested delays in salaries, allowances and failure to promote them.

he General Overseer of Dominion House Church, Bode Thomas, Surulere, Lagos, Mrs Dotun Arifalo, has urged Nigerian youths to maximise their potential and skills for the development of the nation. Arifalo, who is also the convener, Synergy Conferences, a mentoring, partnership and networking platform for women, said this during her 40th birthday and thanksgiving service held at the church. According to her, Nigeria is yet to reach its full potential because the youth were still not doing enough to be actively involved in the decision making process in the country. The founder of the Leading Ladies Foundation emphasised that the church had a role to play in raising leaders for the nation, stressing that there were possibilities for the church to be part and parcel of governance. She added: “Vice President Yemi Osinbajo is an example of what the church can produce to be part of governance and many others whom I may not have time to mention.”

46 News

south national - south

friday, july 3, 2015 NEW TELEGRAPH

Dogara assures N'Assembly staff of better welfare

Boko Haram kills 145 in attacks on Borno mosques, villages

Philip Nyam

Ahmed Miringa

Abuja

peaker of the House, Hon. Yakubu Dogara, has assured National Assembly employees working as support staff to legislators as well as legislative aides in the House of Representatives that they will henceforth earn equal pay and allowances as their counterparts in the Senate. The Speaker gave this assurance when national commissioners from the National Assembly Service Commission paid him a courtesy call in his office yesterday. Dogara vowed to balance certain discrepancies existing between the working incentives accorded National Assembly staff and Legislative Aides in the Senate and House of Representatives. Referring specifically to the chairman of the commission, Dr. Adamu Fika, the speaker said: "As a one-time super perm sec, you very well know that justice is indivisible. What's justice to staff of the Senate must also be justice to staff of House of Representatives". "We can't have one service and deferring working conditions. We will ensure that what is due to staff working in the Senate must also be due to staff working in the House of Reps" he said.

Maiduguri

t least, 145 people were killed and many others injured when Boko Haram terrorists attacked Kukawa town and Monguno town of Kukawa and Monguno local government areas of Borno State. The incidents took place between Tuesday and Wednesday. A resident of Kukawa, who fled to Maiduguri, Alhaji Abor Babagana, said over 50 suspected members of Boko Haram stormed Kukawa town at

about 6.30pm and opened fire on people, killing 97, while several others were injured. He said: “The terrorists first descended on Muslim worshippers in various mosques who were observing the Magrib prayers shortly after breaking their fast. The insurgents rounded up about four different community mosques and opened fire on the worshippers, who are mostly men and young children. “They spared nobody. In fact, while some of the terrorists waited and set most of the corpses on fire, others proceeded

to houses and shot indiscriminately at women who were preparing food,” he added. Another bereaved resident, who lost his uncle, Garba Kolomi, said the terrorists have killed his uncle. He said:“They wiped out the immediate family of my uncle. They killed his children, about five of them and set his entire house ablaze. I want to assure you that the attackers have killed at least 97 people,” . A fisherman from the area, Alhaji Saleh Idi, who corroborated that 97 people have been killed, alleged that the attack-

ers spent over four hours without any attempt by security forces to intervene. “There was no single soldier in Kukawa when the terrorists came around 6.30pm. The soldiers were in KurosKawwa which is just 11 kilometers away. The terrorists stole assorted food from houses and homes and then set everything ablaze. They left around 11 pm,” he said. Kukawa, which is about 178 kilometres from Maiduguri was severely attacked in 2014, a situation which forced

Sokoto State Governor, Hon. Aminu Tambuwal, with Mr. Michael Harvey, Mission Director of the US Agency for International Development (USAID) at the T-SHIP End of Project Dessimination meeting in Sokoto...yesterday

most residents to flee to Maiduguri and other villages across the Lake Chad. Most of the locals, especially the fishermen and farmers among them returned to the ancient town early this year. Another resident of Kukawa, Alhaji Audu Kukawa, told our correspondent that the insurgents came in Hilux vehicles, when people were about to start Magrib prayers and started shooting sporadically killing 97 people before setting several houses and shops ablaze. He said: “The insurgents who came at about 6:30 pm when we preparing for breaking of our fast, start shooting sporadically on people in different mosques killing 97 people. I personally counted 97 corpses and as I am speaking to you we have not buried the dead ones”. He said the operation lasted for about four hours, as the insurgents left at about 9:45pm unchallenged, as there was no security operative on ground in Kukawa. In Monguno, at least, 48 persons were killed and 17 others injured when Boko Haram terrorists attacked Musaram, witnesses and government officials said. According to the sources, the terrorists had invaded Musaram village, located 8km away from Monguno town where they rounded up the villagers and separated males from females before opening fire on them. A vigilante group member in Monguno, Mallam Ibrahim Fannami told newsmen on phone that "A total of 48 males died on the spot while 17 others escaped with serious injuries".

IGP deploys new CPs in Airlines bemoan $120m Oronsaye Report: NLC cautions FG on implementation loss to bird strike annually Rivers, Lagos and Ogun T Wole Shadare Emmanuel Onani and Juliana Francis

he Inspector General of Police (IGP), Mr. Solomon Arase, has appointed new Commissioners of Police (CPs) for Rivers, Lagos and Ogun states. A statement from the Force Headquarters (FHQ) yesterday, said the deployments were sequel to Arase's determination to "inject fresh ideas in the security architecture" of the affected states. According to the statement, CP Ajani Fatai Owoseni assumes duty in Lagos, CP Chris Ejike takes charge in Rivers, while CP Abdulmalid Ali resumes in Ogun. Other CPs and their new postings include: Dan Bature (CP Intelli-

gence FCID FHQ, Abuja), Valentine U, ntomchukwu (CP Admin Dept of Logistics and Supply, FHQ, Abuja), Hyelasinda Kimo Musa (Federal Special Anti Robbery Squad, FCIID FHQ, Abuja), Kayode C. Aderanti (CP Administration, Department of Operations, FHQ, Abuja, E. J Ibine (CP Ports Authority, Eastern Command, and Ogbusua Ajah Oleh (CP Provost, FHQ, Abuja). The statement reads in part: "In line with the determination of the ...IGP... to inject fresh ideas in the security architecture in Lagos, Rivers and Ogun States, and some other Force Headquarters Formations...The IGP has ordered postings of new Commissioners of Police."

irline operators are counting their losses not from low passenger traffic but from another life threatening menacebird strikes, which they said have eaten deep into the cost of running their services. The operators, who spoke at the Nigeria Leadership Initiative’s Safer Skies forum, held in Lagos yesterday, said they lose over 30 aircraft engines annually to the menace. President, Airline Operators of Nigeria (AON), Captain Noggie Meggison, who spoke on behalf of all the operators, said it costs over $4 million to replace an engine. He said collectively, the carriers lose average of $120 million to the replace over 30 airplane engines

destroyed by birds. The AON chief stated that bird strike also threatens safety because whenever it strikes the engine of an aircraft, it kills it. According to him, “ It becomes very tragic for one-engine aircraft, which may crash as the engines goes off, but the aircraft that has more than one engine would depend on the other engines, but it is not always easy”. He observed that Arik Air has suffered most from bird strikes because it is the airline that has the highest number of aircraft, adding that airlines have become frustrated with the ability of Federal Airports Authority of Nigeria (FAAN) to drastically reduce bird strike at airports, which prompted some of them to take the agency to some years ago.

he Nigeria Labour Congress (NLC) has advised the Federal Government to exercise caution in implementing the Steve Orosanye Committee report on the merger of Ministries, Department and Agencies (MDAs). The President of NLC, Mr Ayuba Wabba, gave the advice in an interview with the News Agency of Nigeria (NAN) in Abuja yesterday. Wabba said that the labour movement would resist any attempt to indiscriminately impose job losses in the country. ``The idea to merge MDAs will not serve any purpose because if its intention is for the purposes of relieving people of their jobs, then it will now become unproductive.

``Labour will certainly not support such an idea because of the social and security implications associated with it. ``Any worker you are relieving of job considering the size of unemployment market in the country will af fect, not less than 10 people who are dependants on the worker,” he said. Wabba called on politicians to show considerations to realities in the country, adding that such considerations would help redirect their thinking to the challenges of the system. ``Invariably, when you merge and you want to relieve workers of their jobs, first of all, you will pay their severance, retirement benefits and also put them on pension.

NEW TELEGRAPH FRIDAY, JULY 3, 2015

Anule Emmanuel Abuja

resident Muhammadu Buhari said yesterday said that his administration will take all necessary actions to boost job creation in the country. He said to achieve this, government would significantly improve the operating environment for domestic and international companies in Nigeria. The President stated this when he granted audience to the new Japanese Ambassador to Nigeria, Mr. Sadanobu

News 47

NATIONAL

Buhari promises more jobs

Kusaoke at the presidential villa Abuja. Buhari said that government under his leadership will welcome greater investment inflow from Japan and other developed nations in support of its plans to revitalize the Nigerian economy and create more jobs. The President told Mr. Kusaoke that his administration will particularly welcome more trade and economic cooperation with Japan in the manufacturing, technology and agricultural sectors. “I was very impressed

with the role your Prime Minister played at our talks with G-7 leaders in Germany. He had a deep understanding of the challenge in the NorthEast of Nigeria and how it is affecting our economy. “We look forward to

a stronger partnership with your country in many areas, especially in technology, which is now the major driver of job creation across the world today,’’ President Buhari told the new Japanese ambassador who was at the Presidential

Villa to present his letters of credence. The President also received the letters of credence of the new Ambassador of Ukraine, Dr. Valerii Aleksandruk and the new High Commissioner of Pakistan, Lt.Gen. Agha Muhammed

Umer Farooq. All the new envoys assured President Buhari that they will work very hard to maintain and strengthen existing relations between Nigeria and their respective countries during their tenure in Abuja.

Women in Journalism conference holds in Lagos Vanessa Okwara

he second edition of Women in Journalism Conference, (WiJ) 2015, a global gathering of Nigeria’s best women journalists, including veterans, professionals and aspiring journalism students took place yesterday at the Muson Centre, Lagos. The conference, which was first held last year, was organised by Nigerian Association of Women Journalists (NAWOJ), the School of Media and Communications and the Nigerian Union of Journalists (NUJ). The theme of this year’s conference, “Truth and objectivity in the digital age,” saw the convergence of women journalists, who have made their mark in profession, come together to deliberate on how best to be objective while practicing journalism in this digital age and also how

to inspire younger women journalists. Keynote addresses, remarks and conference topics were presented and facilitated by the likes of Senator Chris Anyanwu (MFR), Hon. Abike Dabiri, Funke Egbemode, Managing Director, New Telegraph newspapers, NAWOJ President, Ify Omowole, Bimbo Oloyede of Channels Television, Ruth Benamaisia-Opia and Muyiwa Sobo of Sahara Reporters, who participated through Skype from New York and a host of others. Moderators and seasoned journalists, Adesuwa Onyenokwe and Oluwaseun Olaniyan, acted as hosts for the conference. In a welcome address, the Conference Director, Yomi Owope said: “Digitally speaking, the remaining five years leading to the year 2020, will probably be more revolutionary than the previous 15-year journey from year 2000.”

Salaries: Niger Assembly approves N1.85bn overdraft Dan Atori MINNA

he Niger State House of Assembly yesterday granted approval for the state government to obtain N1.85 billion overdraft facility from bank to pay salaries of local government workers in the state. The Assembly gave the approval in a brief session after the letter from the state Governor, Alhaji Abubakar Sani Bello, was read by the Speaker, Honourable Marafa Ahmed. The governor, in the letter dated June 29, explained that the money would make up for the shortfall in the 25 local governments 2015 budget. It was gathered that the overdraft facility which

has 12 months tenure was taken to avert industrial dispute at the local governments. It was learnt that local government workers have not been paid since May and that it had become necessary for the quick intervention of the state government in alleviating the sufferings of the people in the rural areas. While directing the Clerk of the Assembly to convey to approval to the Governor, the Marafa thanked his colleagues for the prompt response and understanding of the situation. Marafa restated the determination of the lawmakers to give necessary support to the state governor in delivering of dividends of democracy to the people.

L-R: Dr. Nat Ojo; Alhaji Ahmed Rabiu; Chairman, Financial Reporting Council of Nigeria (FRC), Hajia Mariam Ladi Ibrahim and Chairman, Steering Committee, National Code of Corporate Governance, Mr. Victor Odiase, during a public hearing on National Code of Corporate Governance by the FRC, in Lagos…yesterday. PHOTO: TONY EGUAYE

CBN pegs BDCs forex sale limit at $5000 Abdulwahab Isa Abuja

he Central Bank of Nigeria (CBN) has pegged at $5, 000, the amount of foreign currency authorised by Bureau De Change (BDCs) to sell to individual customers for a category of transactions. Transactions BDCs are allowed to access forex for funding include, business travel/ personal travel allowance, monthly mortgage payment, school fees

abroad, credit card payment; utility bills and life insurance premium payment. The apex bank made the clarification yesterday in respect to the recent policy on imported items listed “not valid for foreign exchange,” currently generating misunderstanding in some quarters. The clarification came on the heels of the misunderstanding trailing the policy, which the CBN announced recently as part of measures to

Seawolf oil workers take protest to CBN Abdulwahab Isa Abuja

rotesting oil workers of Seawolf Oilfield Services yesterday took the war against 22 months unpaid salaries to the door step of Central Bank of Nigeria (CBN) pressing authorities of the apex bank to intervene in their plights. Yesterday’s early morning protest at CBN by staff of the oil firm, who are members of Nigerian Union of Petroleum and Natural Gas Workers(NUPENG) and the Petroleum and Natural Gas Senior Staff Association of Nigeria( PENGASSAN) was the second in less than two months. The first protest took

place at the Abuja office of Asset Management Corporation of Nigeria (. AMCON). Speaking in Abuja, NUPENG Seawolf unit Chairman, Mr. Christian Okojie, said they had no choice but to take their protest to door step of CBN because AMCON has wilfully reneged on the pledge to pay the backlog of salaries. Okojie disclosed that the workers held a meeting with two directors of the CBN, who promised to address the situation within two weeks. He expressed optimism that with the CBN’s intervention, the issue would be resolved amicably and the workers will get their entitlements.

shield the reserves and strengthen the local currency against major international currencies. The bank said it has also uncovered unwholesome practice of movements of huge foreign currency cash across Nigerian borders by individuals and corporate bodies without compliance with the extant law of declaration to appropriate authorities, following the enforcement of the new forex rule. To address the trend, the apex banks said it

has begun collaboration with other relevant agencies of government to ensure compliance to the provisions of the law. “For the avoidance of doubt, the Central of Nigeria has directed that BDCs are not authorised to fund import transactions in any form whatsoever, either by cash or wire transfer. Accordingly, authorised dealers are hereby barred from effecting wire transfers from the account of their BDCs’ customers henceforth.

Kogi guber race: Wada, deputy meet PDP NWC Onyekachi Eze ABUJA

he Kogi State Government House practically moved to Abuja yesterday for consultation with the National Working Committee (NWC) of the Peoples Democratic Party (PDP). In Abuja to consult with the NWC were Kogi State governor, Idris Wada, his Deputy, Yomi Awoniyi, the Chief of Staff to the governor, among other officials of the state government. The governorship election for Kogi State will hold in about four months. New Telegraph gathered that the visit of the PDP national secretariat

was not unconnected with the cancellation of the Kogi ad-hoc delegates ward congresses on Wednesday. PDP in a statement by the party’s National Secretary, Olisa Metuh said: “After a careful review of the reports of the Congress Committee and Appeal Committee in respect of the three-man ad hoc delegates ward congresses in Kogi State of June 27, 2015, has cancelled the exercise,” the NWC decided to cancel the wards congresses. Metuh added that the participation of a “local organising committee,” which is unknown to the constitution of the party and the guidelines marred the congresses.

48 News

friday, july 3, 2015 NEW TELEGRAPH

national

MDGs: FG scores self high

NBS rates education sector highest employer Abdulwahab Isa

Yekeen Nurudeen

Abuja

igeria’s Education Sector engaged 58,329 hands in first quarter of 2015, the National Bureau of Statistics (NBS) said yesterday in a new job data released. The figure indicates 6.58 per cent marginal rise or 3,600 new jobs when compared to 54,729 jobs recorded in the fourth quarter of 2014. In the same vein, a total of 97,020 employees for various reasons exited the workforce in Q1 of 2015, while 43,816 exited or 31.11 per cent less employees leaving the workforce in first quarter of 2015, compared to Q4 of 2014. According to NBS, most commonly cited reasons for the exits include to further education and 30,748 exits or 31.69 per cent was recorded in this direction. This reason was also the highest in the fourth quarter of 2014. There was however a decline of 20,819 or 40.37 per cent from the 51,564 exits in the Q4 of 2014. “Others reason” for the exit rose from third position in Q4 of 2014 to become the second most cited reason in Q1 of 2015, representing 19.322 or 19.92 per cent of the total.

L-R: Chairman of the occasion, Dr. Olatunde Ayeni; National President, Bible Society of Nigeria (BSN), Dr. Aaron Nuhu; General Secretary/ CEO, Rev. Dare Ajiboye and former Nigeria High Commissioner to the UK, Dr. Christopher Kolade, at the society’s 11th annual luncheon & awards in Lagos…yesterday. PHOTO: GODWIN IREKHE

Nigeria, ECOWAS promise support for Burkina Faso elections Anule Emmanuel Abuja

resident Muhammadu Buhari yesterday promised that the Federal Government will work with other member-nations of the Economic Community of West African States ECOWAS

change of names

ALLI

I formerly known and addressed as Bolaji Bolanle Fatimat now wish to be known and addressed as Alli Fatimat Bolanle, All former documents remain valid. General public should take note.

ROTIMI

I formerly known and addressed as Rotimi Bank - Sulyman now wish to be known and addressed as Rotimi Sulyman All former documents remain valid. CAC and general public should take note.

OLUWADARE

I formerly known and addressed as Olawunmi Christiana Akolo, now wish to be known and addressed as Olawunmi Christiana Oluwadare, All former documents remain valid. Lagos State Government and general public should take note.

AIYENUGBA

I formerly known as Stella Tejan now wish to be known and address as Mercy Stella Dele Aiyenugba. All former documents remain valid, General Public take note.

ABDULMUMIN

I formerly known and addressed as Miss Momoh Jimoh Halimat now wish to be known and addressed as Mrs Abdulmumin Halimat All former documents remain valid. General public should take note.

OKEREKE

I formerly known and addressed as Miss Jane Ijeoma Oguamanam now wish to be known and addressed as Mrs Jane Ijeoma Okereke All former documents remain valid. General public should take note.

PULOWEI

I formerly known and addressed as Adumein Pulowei Adumein, now wish to be known and addressed as Adumein Ayibaingo Adumein. All former documents remain valid. Guaranty Trust Bank PLC and General public take note.

MAUREEN

I formerly known and addressed as Akinaka Bienimighen Maureen, now wish to be known and addressed as Akinaka Biemighen Jane. All former documents remain valid. General public take note.

ANTHONY

I formerly known and addressed as Anthony Afun Inatimi (HRH), now wish to be known and addressed as Tony Inatimi Afun Zalakoro (HRH). All former documents remain valid. Zenith Bank Plc & General public take note.

UKPAI

I formerly known and addressed as Miss Ukpai Uche Eni, now wish to be known and addressed as Mrs Uche Ifeanyi Agbai. All former documents remain valid. Access Bank Plc & General public take note.

Makanjuola

I formerly known and addressed as Okam Adaeze Patience now wish to be known and addressed as Makanjuola Adaeze Patience, All former documents remain valid. General public take note.

adunni

I formerly known and addressed as Babalola Tawakalitu now wish to be known and addressed as Babalola Tawakalitu Adunni, All former documents remain valid. General public take note.

and the international community to assist Burkina Faso in the conduct of free, credible and peaceful elections. The President, at an audience with Mr Rene Bagoro, Burkina Faso’s Minister of Housing and Urban Development said that Nigeria will do all that it can to help in the achievement of successful elections in Burkina Faso on October 15.

He said: "I am aware that ECOWAS is providing logistics support and some form of electoral assistance to Burkina Faso. Nigeria will provide its own support as soon as possible,’’ Buhari assured Mr. Bagoro, who was in Abuja as a Special Envoy of the transitional President of Burkina Faso, Mr. Michel Kafando. Buhari also received

Niger Republic's Minister of Foreign Affairs, Ms Aichatou Kane, who delivered a special message from President Mahamadou Issoufou. The message from the Nigerien leader and President Buhari's discussion with the Foreign Minister focused on ongoing efforts to strengthen the Multinational Joint Task Force established to combat Boko Haram.

Dangote, 11 others increase fortune to $15.3bn Sunday Ojeme

igerian billionaire and Africa’s richest person, Alhaji Aliko Dangote, has been named among 11 other rich investors to have increased their fortunes to $15.3 billion in one day. The feat came amidst report that 400 richest people in the world lost a combined $70 billion same day as equity markets around the globe were hammered on fears about Greece and declines in China fuelled by leveraged investors exiting the market. The report said Dangote, also the world’s 59thrichest, was one of only 12 billionaires among the 400 to increase their fortunes on the day, rising $180 million to $15.3 billion. The loss for the billionaires amounted to an average decline of $175 million, according to the Bloomberg Billionaires Index. Dangote Cement rose 2.35 per cent, while col-

lective decline for the billionaires amounted to a fall of more than 1.5 per cent. The combined loss is more than the market capitalisation of Ford Motor Co. or Twenty-First Century Fox Inc. Among the world’s richest people, Spain’s Amancio Ortega had the biggest fall, losing $2.2 billion on the day, a 3.2 per cent decline. Ortega is Europe’s richest person and the world’s secondrichest individual with $69.2 billion. U.S. investor, Warren Buffett, is the world’s third-richest person with $67.1 billion and he lost $1.6 billion. Bill Gates, the richest person on the planet, lost $1.4 billion, a 1.7 per cent decline. The world’s 400 richest people control a combined $4.2 trillion, almost $400 billion more than the Gross Domestic Product (GDP) of Germany. Dangote Cement is the first Nigerian company to

achieve a market capitalisation of over $20 billion and his 93 per cent stake in the cement company is now worth $19.5 billion, according to a report by Forbes. He also has controlling stakes in other publiclylisted companies like Dangote Sugar and National Salt Company of Nigeria and his significant shareholdings in other bluechips like Zenith Bank, UBA Group and Dangote Flour; his extensive real estate portfolio, jets, yachts and current cash position, which includes more than $300 million in recently awarded Dangote Cement, Dangote is now worth more than $20 billion. Dangote debuted on the Forbes billionaires’ list in 2008 with a fortune pegged at $3.3 billion. His fortune dropped to $2.5 billion in 2009 and plunged further to $2.1 billion in 2010. It, however, surged 557 per cent in 2011 to $13.8 billion after Dangote Cement went public.

s the Millennium Development Goals (MDGs) winds down September this year, and world leaders prepare to negotiate on the new agenda to be known as Sustainable Development Goals (SDGs), the Federal Government yesterday said MDGs have been a success story. The Director of Programme of MDGs, Mr. Ochapa Ogenyi, disclosed this in Abuja at the expanded meeting of the technical working group on the Nigeria MDGs report 2015. According to him, Nigeria has recorded significant progress in the achievements of the MDGs, stressing that evidence from the Performance Tracking Surveys conducted by the National Bureau of Statistics (NBS) gave credence to it. While giving an update on the progress the country made, he said that Goal 1 of the MDGs was achieved as the population of those who suffer hunger was reduced by half way ahead of the 2015 deadline.

El-Rufai threatens to sue newspaper Ibraheem Musa Kaduna

overnor Nasir El Rufai of Kaduna State, has directed his legal team to enforce his rights and to protect his reputation from the vandalism of irresponsible hacks. That was following a report which appeared in the Thursday edition of a national newspaper. In a statement issued by Samuel Aruwan, El Rufai’s Special Assistant on Media and Publicity yesterday, the governor said that the newspaper alleged that he has declared assets worth N90b without seeing his asset declaration form. According to the statement, the story was a sheer blackmail as it emanated from a rumour. ‘’When some of their cohorts made contact with the governor’s media team insisting that they respond to rumour, they were told that it is better if they chose the more legitimate route of agitating for a public asset declaration.’’

NEW TELEGRAPH FRIDAY, JULY 3, 2015

News 49

SOUTH-WEST

Be wary of Ebola, Lagos tells residents Appolonia Adeyemi and Muritala Ayinla

agos State Government yesterday warned residents to ensure and maintain adequate personal and environmental hygiene at all times as part of precautionary measures to prevent the re-occurence

of the deadly Ebola Virus Disease (EVD) in the state and the country at large. The warning came in the wake of reported cases of the disease in some neigbouring West African countries like Liberia and Sierra Leone. Permanent Secretary in the State Ministry of

Health, Dr. Modele Osunkiyesi, who gave the warning while outlining strategies put in place by the state government at preventing the re-occurence of the disease in the state after being certified free of Ebola on the 20th of October 2014 by the World Health Organization. He explained that the Lagos State Gov-

ernment, in collaboration with the Federal Ministry of Health and other stakeholders were maintaining relevant surveillance through Port Health Services and community surveillance activities in all the local government areas. According to her, residents must observe the highest possible

standards of personal and environmental hygiene through regular washing of hands with soap and running water; avoiding close contact with people who are sick; ensuring that objects used by the sick are decontaminated and properly disposed and avoid touching or washing of dead bodies if not

trained to do so. While noting that that the prevention of Ebola remains a shared responsibility by all citizens, Osunkiyesi stated that although there has not been any reported case of EVD in the state or the country,she, however, said there was need for residents to take responsibility for their health.

Ondo advises against sacking of SURE-P staff

Lagos APC hails Ambode’s victory at tribunal

Babatope Okeowo

Temitope Ogunbanke

Akure

ndo State Government yesterday advised the Federal Government against the idea of laying off thousands of health workers engaged under the Subsidy Re-investment and Empowerment Programme (Sure-P) midwives scheme. The State Commissioner for Health, Dr Dayo Adeyanju, who was meeting with the 400 workers engaged under the programme, said such action by the Federal government would amount to a setback for the gains recorded on maternal and child survival in the last few years. Adeyanju said the Federal Government should rather block leakages in the system and possibly gradually exit from the programme, instead of a sudden abolishment of the programme aimed at reducing maternal and child mortality in Nigeria. He however revealed that the state government was working out plans to retain the over 400 health workers employed under the SUREP Programme of the Federal Government in the state.

L-R: Mr. Wale Olokodana; Managing Director, Microsoft Nigeria Company, Mr. Kabelo Makwane; Mr. Hakeem Adeniji-Adele and Oyo State Governor, Abiola Ajimobi, during a courtesy visit to the governor, in Ibadan…yesterday

Pedro petitions Lagos Assembly on impeachment reversal Wale Elegbede

he Lagos State House of Assembly has set up an 8-man ad-hoc committee to look into a petition written to the House by a former Deputy Governor of Lagos State, Mr. Femi Pedro, to revisit and reverse his impeachment by the 5th Assembly in 2007. Pedro, who served as deputy during the latter part of the second

term tenure of former Governor Ahmed Bola Tinubu, was impeached by the state House of Assembly for gross misconduct. Pedro is now a National Leader of the All Progressives Congress (APC). In a letter addressed to the Speaker, Hon. Mudashiru Obasa, and read yesterday on the floor of the House by the Clerk of the House, Mr Ganiyu Abiru, the ex- deputy governor pleaded with

the House to be compassionate by revisiting and reversing his impeachment. The clerk disclosed that the letter from Pedro was attached with his letter of resignation while leaving office. Expressing his view on the issue, Hon. Rotimi Olowo, urged the House to reverse the impeachment of the former deputy governor as the tone of his letter showed that he was remorseful of his

Students flay non-payment of You need residency card to access govt services – Mimiko Osun lecturers’ salaries Adeolu Adeyemi OSOGBO

sun State Chapter of the Joint Campus Committee of the National Association of Nigerian Students (NANS), yesterday condemned the state government over the unpaid arrears and salaries of academic staff in all the state-owned tertiary institutions. The embittered students, who said the de-

velopment has affected their academic activities due to strike action embarked upon by their lecturers, appealed to the government to act fast and meet the demands of their lecturers to allow them resume studies. The students in a press release signed by Mr. Lukman Adebisi Chairman; Secretary, Mr. Victor Abidoye Secretary and Mr. Hafeez Olakunle Public Relations Officers.

Babatope Okeowo Akure

overnor Olusegun Mimiko of Ondo State, yesterday flagged off the Residency Card which will serve as the only prerequisite to benefit from governments social services and programmes. The Residency Card, also known as ‘KaadiIgbeayo, Mimiko, said would henceforth be visa to access government fa-

cilities in the state. Speaking in Akure, the state capital at the official flag-off of the utilization of the state MultiApplication Smartcard, Mimiko said the card has become the prerequisite into all government social services from including the Abiye Safe Motherhood programme, to the micro-credit and economic empowerment, highly-subsidized agric input and supplies, free education and others.

action while in office. After deliberations, the Speaker, Hon. Obasa, constituted an 8-man adhoc committee headed by the Majority Leader, Sanai Agunbiade, to deliberate on the issue. Other members of the committee includes Hons Desmond Elliot, Folajimi Mohammed, Muyiwa Jimoh, Kazeem Alimi, Shokunle Hakeem, Gbolahan Yishawu and Moshood Oshun.

agos State chapter of the All Progressives Congress (APC) has hailed Governor Akinwunmi Ambode’s victory at the state’s election petition tribunal, saying the governor’s victory was not a surprise to the party and Lagosians who voted for good governance and continuity. In a release signed by its Publicity Secretary, Mr Joe Igbokwe, the party said the tribunal’s verdict remained a huge testimony that Lagosians know their leaders and their leaders know them. “PDP Lagos says they did everything to win Lagos, including setting one ethnic group against the other, dishing out millions of dollars and pound sterling, unleashing ethnic militias like OPC, deploying security agencies, SURE-P outlaws , and others to harass and intimidate Lagosians to succumb and surrender Lagos to them. “Lagos PDP failed because there is no meeting point between light and darkness, no meeting point between the serious and the unserious, no meeting point between conservatives and progressives, and no meeting point between performers and non-performers.

Oyo Assembly approves 10 aides for Ajimobi Sola Adeyemo Ibadan

yo State House of Assembly, yesterday approved the list of ten special advisers as sent to by Governor Abiola Ajimobi. The governor had, in his letter to the Assembly, sought its approval for the appointment of the ten special advisers, to serve in the running of his administration after

the cabinet was disbanded about a month ago. The letter, which was read by the Speaker, Hon. Michael Adeyemo, was unanimously approved by the House, before the adjournment of the plenary session to July 7. Hon. Jimoh Akingbade (APC), representing Ibarapa Central/ North constituency, said that the house had only approved the request of the governor to appoint 10 special advisers.

News

FRIDAY, JULY 3, 2015 NEW TELEGRAPH

SOUTH-EAST

Okorocha orders 40 monarchs to withdraw suit Commissioner warns against lGovernor demands apology

Steve Uzoechi OWERRI

overnor Rochas Okorocha of Imo State has directed the 40 traditional rulers who sued him and the state government to court to withdraw the suit without further delay and to also tender an apology because their action was intended to insult and embarrass him. The governor gave the directive in a meeting with all the traditional

rulers in the state except the 40 traditional rulers who were also said to have refused to attend the meeting. The governor said for the 40 traditional rulers to have gone to court against him and the government for no justifiable reason meant they must have taken his respect for the people of the state for granted. The 40 traditional rulers had gone to court on the ground that the governor had suspended them, but the governor said the traditional rulers were

over fraud

out to deliberately malign him and his government because he never suspended or sacked them or even queried any of them as monarchs and had not taken any action that suggested that he had any plan to go against the traditional rulers. The governor also explained that the State Council of Traditional Rulers led by Eze Samuel Ohiri, does not have the right to suspend or remove any Eze from his stool, saying it was only the governor that has

such right and that he has not exercised such right against the traditional rulers. He noted that the leadership of the traditional rulers council only suspended four of its members from the council and not the Ezes, so as not to bring the suspicion that they acted on behalf of the governor or the government. According to Okorocha, the traditional rulers would not have gone to court action against the governor during the past

regimes in the state, stating “but they did it now because this administration has a human face.” The governor also directed at the meeting that the three months arrears owed the Traditional rulers in the state should be paid within a week. He also dissolved the Traditional Rulers Councils in the Local Governments because their tenures had expired long before now, while that of the state Council led by Eze Ohiri would remain because their tenure has not elapsed.

Uchenna Inya ABAKALIKI

he newly sworn-in Commissioner for Finance in Ebonyi State, Dr. Dennis Ekumankama, has called on the staff of the ministry to shun corruption and other sharp practices, saying the era of forging government receipts to divert public fund was over. Addressing the Permanent Secretary of the Ministry, Accountant General of the state and Directors of various departments in the Finance Ministry, Ekumankama, called on them to ensure due process in all they do. “It is not going to be business as usual, everything must be properly done. There must proper taxing, proper collection, proper domestication in the appropriate places and not individual accounts. ‘’There must be proper exercise of registration businesses including licensing of vehicles and motorcycles because corruption of any sort be it petty or grand corruption will not be tolerated. All those fake receipts that some people here issue to customers for business transactions must be stopped from now on.

Ohanaeze Ndigbo demands transfer of Boko Ugwuanyi unveils 12-man urban renewal committee Haram detainees

L-R: Daughter of Chief Alex Ekwueme, Mrs. Chidi Onyemelukwe; Chief Alex Ekwueme; his wife, Beatrice; Obi Okoli and Amechi Oformata, at the Aguata, Orumba North, South Convention in Seattle, Washington

Tribunal reserves ruling on pre-hearing in Otti’s petition Igbeaku Orji UMUAHIA

he Abia State elections petition tribunal, sitting in Umuahia, yesterday reserved ruling in the confirmation and pre-hearing in the petition filed Mr. Alex Otti, the governorship candidate of the All Progressives Grand Alliance( APGA) against the election of Governor Okezie Ikpeazu, for July 10 and 13. The tribunal adjourned yesterday after listening to all parties in the petition. Otti had filed a petition, urging the tribunal to nullify the election of Ikpeazu as governor and declare him the rightful winner of the election. Tribunal Chairman, Hon. Justice Usman Bwala, while adjourning sitting on the petition, said that it was expected that

all the processes would have been served and replies also filed by all the parties in the matter. Before the adjournment, Bwala, said that the litigants had up to the end of yesterday, to file all their motions, saying that no other motions would be acceptable thereafter. Meanwhile, Counsel to Otti, Chief Awa Kalu (SAN), has withdrawn a petition he filed on June 25, seeking an order of the tribunal to enable Otti, to inspect all the documents used in the general and supplementary governorship polls. In an interview with newsmen at the end of the sitting, Kalu explained that the motion was withdrawn, following the filing of a fresh motion. He explained that the petitioner was facing some hiccups in the inspection of materials as ordered by the tribunal.

overnor Ifeanyi Ugwuanyi of Enugu State, yesterday inaugurated a 12 man Urban Renewal Committee for the purpose of embarking on the modernization of the university town during which the governor also played host to a delegation led by the Catholic Bishop of Nsukka, Most Rev. Prof. Godfrey Onah. Governor Ugwuanyi told his visitors that his decision to set up the committee was to begin the fulfillment of his election promises which include giving a facelift

to the university town. The committee headed by renowned architect and former Commissioner for Works in the state, Mr. Chris Ofor, also has other professionals like surveyors and engineers would soon be inaugurated, the governor revealed. He explained that his government has commenced moves to raise the state’s internally generated revenue (IGR) to forestall the grave dangers posed by the present economic downturn occasioned by the decline in revenue from the Federal Government.

The governor expressed happiness that the bishop led a highpowered delegation made of representatives from across all key groups and segments of the Catholic Diocese of Nsukka to visit him. He described the visit as a show of solidarity that gives his administration a huge moral boost at its time of kick-starting, adding that he would strive to deliver good governance to the people of the state as a payback gesture in view of their support for him.

Ebonyi tribunal reserves ruling on additional witnesses lAs pre-trial session begins Uchenna Inya ABAKALIKI

he Ebonyi State election petition tribunal sitting in Abakaliki, yesterday fixed ruling on the application for additional witnesses in the petition

filed by Chief Edward Nkwegu, the governorship candidate of Labour Party in the April 11gubernatorial election in the state, challenging the victory of Governor Dave Umahi, of the People’s Democratic Party(PDP), for the July 7. This followed objec-

tions to the motion by Chief Arthur Obi-Okafor, SAN, Chief James Igwe, SAN and Mr. Onyechi Ikpeazu, who are counsels to the Governor, the PDP and Independent National Electoral Commission (INEC), respondents in the petition.

Okegwo Kenechukwu Onitsha

he Igbo Socio-cultural organization, the Ohanaeze Ndigbo, has threatened to mobilize the South East States to embark on a state-wideprotest if the Federal Government fails to relocate the Boko Haram suspects transferred to Anambra State as soon as possible. The President of the body in Anambra State, Chris Eluemuno, issued the warning yesterday at a press briefing at his country home, NkwelleEzunaka, Anambra state. Eluemuno stated that initially, they thought it was the handiwork of the mischief makers in the social media, but it was confirmed that the Federal prison authority really transferred the suspects to Ekwuluobia Prisons in Aguata Local Government Area of Anambra State.

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SOUTH-SOUTH

Soldiers defy Buhari’s order on checkpoints in Edo, Delta Dominic Adewole ASABA

ome soldiers yesterday disregarded the directive of President Muhammadu Buhari, who ordered the immediate dismantling of military checkpoints on highways across the country. The military checkpoint on the Benin-Agbor

road by Ogan, a village in Edo State, was still intact as at yesterday. It will be recalled that President Buhari had through the Permanent Secretary, Ministry of Defence, Alhaji Aliyu Ismaila, announced the removal of such military checkpoints and ordered the police to take charge of internal security across the country. But at Og an,

Orhionmwon Local Council in Edo State, which links Edo and its neighbouring Delta State, armed soldiers were seen on both sides of the highway yesterday manning the busy road, which was partially barricaded with woods and other objects. Motorists and motorcyclists had hectic time negotiating through the frisked checkpoint,

which had generated a traffic gridlock even as a line of commuters wait to be searched before passing through the bottleneck. A driver, who simply identified himself as Odion, who plies the route, lamented that so many precious hours were being wasted as the soldiers usually insist on searching all the vehicles before being allowed to

continue their journey. Odion’s colleague, Obi, said the presidential order was a doubleedged sword. According to him, it was supposed to be a welcome development for motorists, but that armed robbers may resume on the roads. “I have had a terrible experience with the soldiers at Ogan checkpoint, who horsewhipped and jackbooted me for failing

to slow down. It was one hell of a day. At the same time, I am not happy that they should disappear from the roads, because their disappearance may signal the return of robbers on the roads. “We hardly encounter robbers on the road because of the presence of soldiers at the checkpoints, but the soldiers also extort money from us,” Obi said.

Rivers CP harps on professionalism Emmanuel Masha Port Harcourt

ivers State Commissioner of Police (CP), Mr. Chris Ezike, has urged both senior officers and the rank and file to display true professionalism in the discharge of their duties to ensure the security of lives and property of the citizenry. The CP, who gave the charge in his first media briefing, said there was need for policemen to make policing their main priority, adding that it was the only way to justify their monthly salaries. He warned that idleness, malingering, poor attitude to crime fighting, among many other vices, will not be tolerated. Policemen, he said, must display professional knowledge, operate within the laws, just as he warned against the reckless use of firearms, which he stressed is clearly stated in Force Order 237.

Edo council chairmen to forfeit security votes Cajetan Mmuta BENIN

he Edo State government, the leadership of the local government councils and their workers yesterday resolved that chairmen and councilors in all the 18 councils of the state are to forfeit their security votes and other allowances until the salary arrears of their workers are paid. The decision was reached at a meeting between the state government and the other tier of government led by Comrade Adams Oshiomhole, the local government chairmen, led by Hon. Itohan OsahonOgbeide, Chairman, Association of Local Governments of Nigeria.

L-R: Branch Manager, First City Monument Bank (FCMB), University of Port Harcourt (UNIPORT), Choba, Mr. Barnabas Stanfast; Vice-Chancellor of the university, Prof. Ndowa Lale; Group Head, Corporate Communications & CSR, FCMB, Mrs. Uchenna Mojekwu and Zonal Head, Port Harcourt 2, Mr. Chime Aliliele, during the bank’s courtesy visit to Prof. Lale in Port Harcourt, Rivers State

APC, PDP bicker over Wike’s loan drive Emmanuel Masha Port Harcourt

he Rivers State chapters of the All Progressives Congress (APC) and the Peoples Democratic Party (PDP) yesterday disagreed over the amount Governor Nyesom Wike has secured as loans approved by the state House of Assembly. It will be recalled that the Assembly has twice approved the governor’s request for two separate loans (N10 billion and N20 billion), which he explained would be used for the execution of ongoing and new projects in the state. But the APC Chairman, Dr. Davies Ibiamu Ikanya, faulted the approval of the loans, claiming that the Assembly has become Wike’s ‘rubberstamp’ by granting the governor’s request even though he does not intend to use the

loan for any project. He also accused the governor of not accounting for N60 billion since he took over as governor, declaring that the amount include loans from the Assembly, the amount former Governor Chibuike Rotimi Amaechi left behind and the cash from the Federation Account. Ikanya, who also claimed that “Wike squandered over N60 billion in his first 30 days in office,” alleged that the governor has been spending the money on “Lexus XIII drink, a bottle of which costs N1.5 million and sharing the remaining billions of naira with his benefactors.” The chairman, who made the allegation in a statement, said the Amaechi administration left N7.5 billion while N23 billion was released to the state from the Federation Account.

Stakeholders reject location of nuclear plant in Akwa Ibom Tony Anichebe Uyo

takeholders in Akwa Ibom State yesterday rejected the proposed Federal Government siting of a nuclear power plant in Itu, by the Nigerian Atomic Energy Commission (NAEC). The stakeholders, in a press briefing in Uyo, the

state capital, opposed the siting of the nuclear power plant in the state, saying the otherwise beneficial project has potential devastating tendencies for the people of the state. The leadership of the caucus opposing the project, Senator Anietie Okon, who read the press statement, said the proposed nuclear power plant would have been

cheery news that the Federal Government still desired to establish its presence in the state after an alleged deliberate long void since the establishment of the moribund Nigerian Newsprint Manufacturing Company in Oku Iboku and the Aluminum Smelting Plant in Ikot-Abasi, but said the project was a Greek gift.

Customers protest blackout by Benin DISCO Cajetan Mmuta BENIN

ngry consumers of the Benin Electricity Distribution Company (BEDC) yesterday besieged Igarra, the headquarters of AkokoEdo Local Government in Edo State over alleged deliberate blackout of the entire town. The people in their hundreds during protest grounded all socio-eco-

nomic activities within the area. They complained that the town and its neighbouring communities have been thrown into darkness for the past six days. According to them, officials of BEDC refused to give them power, following the people’s insistence that its officials would not take away one of the two 2.5 step down transformers bought for the community by the council to an unknown destination without replacement.

The protesters said BEDC’s claim that parts of the town and some other communities would be transferred to a 7.5 step down brought to the town under the National Independent Power Project (NIPP), was not acceptable. They also maintained that the said 7.5 transformer’s performance was epileptic and therefore preferred that the company leaves the transformer in its location.

News

NORTH

FRIDAY, JULY 3, 2015 NEW TELEGRAPH

Court restrains EFCC from arresting Kwankwaso Muhammad Kabir KANO

Kano High Court sitting in Gezawa Local Government area of the state has restrained the Economic and Financial Crimes Commission

(EFCC) from arresting Senator Rabiu Musa Kwankwaso, pending the determination of a motion on notice. Delivering his judgement, Justice Muhammad Yahya, said the anti-graft agency should be restrained from ar-

resting Kwankwaso until the body was put on notice. He directed that a notice should be dispatched to the commission to direct it to appear before the court on July 15, 2015. On the prayer of the

accused that there was a threat to Kwankwaso’s life, Justice Yahya said he could not act on speculations of harassment, intimidation and threat to the life as claimed by the former governor. He, however, ruled

Ganduje accuses FG of neglecting auto firm that the status quo should be maintained; that Kwankwaso should continue to enjoy his right of free movement, pending the hearing of the substantive order. He then adjourned the case to June 15, 2015 for the EFCC to be notified.

Benue promises better environment for investors Cephas Iorhemen Makurdi

enue State governor, Samuel Ortom, yesterday reiterated the resolve of his administration to provide an enabling environment for private investors in order to boost entrepreneurship in the state. The governor spoke while inaugurating the multi-million naira soya beans processing factory belonging to Seraph Nigeria Limited in Makurdi, the state capital. He commended the Managing Director of the company, Titus Agbecha, for his contribution to the development of the state, noting that the company is one of the few that has continued to strive to ensure that Benue remains the food basket of the country, calling on other well-meaning sons and daughters of the state to emulate him. Ortom said there is no way the government can create jobs to take our youths off the streets except the private sector is encouraged. He implored farmers in the state to start massive production of soya beans with the assurance that they will have value for it.

Representative of the Director-General of NEMA, Mr. Daniel Atabo (second left), presenting relief materials to the Secretary, Askira-Uba LGA of Borno State, Alhaji Sanusi Bello (right), during the second phase of the agency’s Integration Programme for IDPS returnees in Uba town of Borno State …yesterday. With them are NEMA officials, Red Cross and community leaders PHOTO: NAN

CBN asked to halt disbursement of N1.7bn to MSMEs Umar Abdullahi Sokoto

he Sokoto State chapter of the Nigeria Association of Small Scale Industrialists (NASSI) has asked the Central Bank of Nigeria (CBN) to halt the disbursement of N1.7 billion Micro, Small and Medium Enterprises Development Fund (MS-

MEDF) for small and micro-enterprises in Sokoto State. Speaking with newsmen yesterday in Sokoto, the state Coordinator of the association, Yakubu Maccido, reiterated the need to halt the disbursement of the loan as the criteria and process adopted in Sokoto State was geared towards defeating the purpose of establish-

ing the fund. He said the provisions of the guidelines set by the CBN were jettisoned in Sokoto in the course of the first disbursement of N250 million to beneficiaries. Maccido alleged that more than 70 percent of the micro, small and medium enterprises forwarded by the state Ministry of Commerce to

the CBN were registered barely a month before the take-off of first batch of disbursement. He said: “This undoubtedly gives an indication that these ghost micro, small and medium enterprises were formed only for the purpose of collecting the funds and is obviously that it was not for the genuine purpose of the fund.”

Muhammad Kabir KANO

ano State governor, Abdullahi Umar Ganduje, has accused the Federal Governments of neglecting the development of Peugeot Automobile Nigeria (PAN) Limited. He said because of the role and performance of PAN in the Nigerian automobile industry, governments at all levels should have used them as a national car manufacturing company. He said the Federal Government is the biggest entity that could have helped PAN in making a better name in the country. Governor Ganduje said Kaduna State today is facing serious cash crunch and do not have the financial muscle to patronise the company, but he assured that his government will look closely into the issue of youth training in automobile to enhance capacity building among the people. Earlier, the Managing Director of the company, Ibrahim Boyi, hinted that Peugeot Automobile Nigeria Limited has, from 1975, when they were established to date, produced well over 500, 000 assembled cars in the country. Speaking while he paid a courtesy call on the governor, Dr. Abdullahi Umar Ganduje, Boyi said that at a time in a particular year, PAN produced 90, 000 cars in the country. He said because of the expansion in production, the automobile firm was producing between 10 to 16 cars daily.

Don’t be sensational, governor tells journalists Nasarawa to introduce development levy Dan Atori MINNA

iger State governor, Alhaji Abubakar Sani Bello, yesterday called on journalists in the country to avoid the push for sensational journalism, but to do their best to inform and educate the populace. He said the media remains the watchdog of the society, especially in the fight against corruption.

Speaking during the inauguration of the Advisory, Ethics and Privileges Committee of the Nigeria Union of Journalists (NUJ) Niger State council, Bello said journalists should not act out of ignorance. According to him, “Your responsibilities are enormous as the watchdog of the society in a democratic dispensation. Misinformation can breed anarchy. You must avoid the push for sensational journalism,” he said. Bello, who was repre-

sented by the Deputy Governor, Ahmad Mohammed Ketso, urged journalists to always confirm reports before publication. “You need to be seen as an integration unit in the country, analysing issues that will unite us than those that threatens our existence as a nation. “Journalists in Niger State must adhere strictly to the ethics of the profession and follow the footpath of veterans by tapping from their wealth of experience,” he added.

Cheke Emmanuel LAFIA

asarawa State governor, Tanko AlMakura, yesterday said the state will introduce development levy in the civil service as part of efforts to generate revenue to finance projects in the state. The governor also said that he will cut his allowances, that of the deputy governor and other political appointees to safe cost

and have money released for the development of the state. He added that his administration would embark on aggressive revenue generation to augment whatever comes from the federation account in the service of the state. According to AlMakura, government has taken measures to ensure that revenues generated both at the state and local government levels are remitted

to government coffers. He said the situation where revenue generated are diverted into personal pockets would no longer be tolerated. He spoke when he received the report of the transition and appraisal committee yesterday at the Government House, Lafia, the state capital. He assured the people that gover nment would implement the report of the committee for the benefit of the state.

NEW TELEGRAPH FRIDAY, JULY 3, 2015

Wimbledon

Sport News

News

Murray eases into third round

Cech plans to play until 40

American coach to lead D’Tigers to AfroBasket

Sport

Did you know? That the first patented version of tennis, lawn tennis, was given the name Sphairistike. It was created by Major Walter Clopton and patented in 1874.

Wimbledon Federer in, Nadal out

oger Federer accelerated into Wimbledon’s last 32 with a commanding 6-4 6-2 6-2 win over Sam Querrey. The 33-year-old Swiss, hunting a record eighth Wimbledon title, took just one hour 25 minutes to sweep past the American world number 32. Federer will play Australian Sam Groth next and is on course to meet Britain’s Andy Murray in the semifinals. However, two-time champion Rafael Nadal made an early exit for the fourth year in a row as he was outplayed by qualifier Dustin Brown on Centre Court. Germany’s world number 102 won 7-5 3-6 6-4 6-4 to reach the third round of a Grand Slam for the third time. It is only the second time this year that the 30-year-old has won back-to-back matches at the top level. Nadal, 29, has now lost in the second, first, fourth and second rounds on his past four visits to Wimbledon.

The Sport Team Adekunle Salami Group Sport Editor

Emmanuel Tobi Assistant Sport Editor

Ifeanyi Ibeh Sport Correspondent

Ajibade Olusesan Sport Correspondent

Charles Ogundiya Sport Correspondent

Nigeria’s forward Emmanuel Emenike (right) going past Sudan’s Mosaab Omar (left) during a 2015 Africa Cup of Nations

Keshi knows fate next week

•Disciplinary body meets again in Abuja after Abidjan trip Adekunle Salami

he football federation of Cote d’Ivoire on Tuesday shortlisted five coaches from the initial list of 60 released last month but this has not cleared the air on the brouhaha between the Nigeria Football Federation and the Super Eagles Head Coach, Stephen Keshi. Keshi was accused by the NFF of applying for the Ivoirian job while under contract with Nigeria following the emergence of his name in the initial 60-man list of can-

didates released by the French speaking country. The coach denied ever applying for the job but the NFF Disciplinary Committee began investigation into the issue last week. The Chris Green-led Disciplinary Committee went as far as sending three officials to Cote d’Ivoire to investigate the issue even after Keshi appeared before the body last week Tuesday in Abuja. Our correspondent learnt reliably that more investigations are still ongoing on the issue many regarded as unnec-

essary especially because the coach and his agent have denied submitting the former’s CV to the Ivoirians. The delegation to Abidjan came back to Nigeria on Wednesday and the panel is expected to work with documents brought from the fact finding trip. “Our investigation is still on. We are not investigating Keshi over the shortlist of 60 or five by Cote d’ Ivoire and so our work still continues with the documents from the trip. We should be through by next week,” he said.

It was further leant that the body might invite the “Big Boss” once again before submitting its report to the board of the NFF The committee also met yesterday in Abuja and their recommendations will be made public by the NFF next week. “I don’t know much about the committee but I am aware they will submit their recommendation to the board when they finish their investigations,” NFF image maker, Ademola Olajire said. The NFF had vowed to be hard on the coach if he is found guilty.

Sport

FRIDAY, JULY 3, 2015 NEW TELEGRAPH

Can NFF contract pass credibility test?

fficials of the Nigerian Football Federation appear to have learnt nothing from the wind of change blowing all over the football world, which is opening up the cult-like activities of FIFA to the outside world. Rather than embrace change, the occupants of the Nigerian football house appear to be enthroning malfeasance to heights hitherto unknown to us. While Sepp Blatter and his accomplices in FIFA, some confederations and federations are jittery, giving different accounts of one shady deal or the other, their counterparts in Nigeria, who should be preoccupied with football development from the grassroots, are busy parading themselves in long robes of filthy garments. This embarrassing scenario, informed a recent piece on this column, “The NFF’s Questionable Jersey Deal.” I tried to encourage those in the football house to mend their ways, embrace transparency and good governance. From the feedback I am getting however, the harmless question raised in the piece has thrown up issues that were least imagined. I find it funny that the federation still enters into contracts in complete secrecy, and pretend to be answerable to no one. That is why they have maintained sealed lips over the NIKE deal. The truth remains that nearly six months after the deal was signed, officials are yet to appreciate the fact that they acted on behalf of the Nigerian people, and not personal. The

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silence has become too loud and worrisome, going by the fact that the transaction is detrimental to our national interest. While they now talk less, they act more clandestinely to the consternation of all. They employ this less-talk to mask their act - think that time will right all the wrongs. How thoughtless that is, considering the gale of change blowing in the world of football. What would it cost the NFF to furnish the public information on the contract details? Let me therefore attempt a tacit comparison of the recent NIKE contract entered into by this board - gleaned from sources close to the federation, against the inherited ADIDAS contract. The gulf discovered in both documents shows massive deceit that beats all logic. I have resisted the temptation of calling it massive fraud, because I still feel the content of the alleged contract detail shown to me is a mistake of the head and not that of the heart. In fact, there are many questions begging for answers. First, why will the Super Eagles qualification for the World Cup in 2018 fetch Ni-

JOE BOOSTER

geria $250,000 USD in the new contract, compared to $700,000USD they got in 2014 from ADIDAS? When the team gets to the round of 16, instead of $100,000USD, the nation will get $80,000USD. Is it also true that when the team gets to semifinals, NIKE will pay $250,000 as against $500,000USD ADIDAS promised in the previous contract? It is ironic that same line of inverted negotiation was followed even in the accruals to the federation in the African Cup of Nations. I understand that winning the trophy will earn the national team the sum of $200,000USD unlike the previous experience where Nigeria pocketed $400,000USD from ADIDAS. These same downgrades of earnings are the noticeable trends in other contracts entered into by the Amaju Pinnick-led board for all the national teams with NIKE. The natural question is in whose interest were these negotiations? To say the least, not Nigerians’! It beats my imagination that instead of the known progression in terms of earnings, there is a regression because of these “poor” or

should I say underhand negotiating. Shall we carry this cross for the next four years? I am tempted to further ask the following questions: did the NFF board meet at any time to consider or approve the NIKE contract before it was entered into? Second, what were the contributions of the Marketing Committee and the Legal Department to the processes leading to the signing of the contract? I have raised these posers simply because I believe that whoever must have negotiated this contract placed personal interest above that of the country. Nigerians deserve more than this. I remembered that during the era of late Air Commodore Samson Emeka Omeruah, the chairman of the nation’s most successful board, NIKE paid the nation much more than this talking about nearly two decades ago. Why are we then getting this short end of the stick with our eyes open? Why should we take one step forward and 10 steps backward? The questions persist! If truth be told, this recent contract needs to undergo urgent and serious credibility test with a view to undoing the deeds, to reflect our true worth, since nations that are yet to qualify for both African Cup of Nations and the World Cup for the first time even get more. It is highly unfortunate that people saddled with the responsibility of running our affairs in the federation still delude themselves by thinking that official transactions entered on behalf

of the federation are personal and precluded from public scrutiny, hence they hide these documents and place embargo on the dissemination of such information. This fallacy has given room to unbridled reign of impunity; as the board of the NFF erroneously thinks it is accountable to no one in particular. The recent FIFA revelations that saw the global humiliation of some of the hitherto soccer bigwigs in Zurich, also unmasked the facade behind the over-used policy of non-interference in the activities of football federations by their parent governments. Evidence now reveals this obnoxious policy was used to cover up the nefarious and criminal activities that have gone on in FIFA and affiliate bodies for a very long time. But at last, the world now knows that football affairs are subject to some form of oversight, as shown by the recent activities of the U.S. Federal Bureau of Investigation, FBI. Ordinarily, our men in the glass house ought to have borrowed a leaf from the unfolding global corruption drama to instil some prudence in their activities, but that is not the case. I am of the opinion that it’s time to unravel whatsoever has been the reason the Glasshouse people were able to get away with their past misdeeds. As the Federal Government has set up a four-governor committee to look into the affairs of NNPC it will be in tandem to beam the searchlight into the affairs of NFF, particularly the NIKE deal. The time is now.

Wimbledon 2015

Nigerian umpire, Musa, savours experience

igerian umpire, Saidu Musa, is savouring his experience at the ongoing Wimbledon Champions in England and is now eyeing an elevation by the International Tennis Federation. Musa, who is the highest ranked ITF official in West Africa –with bronze badge- is one of the few African officials at the SW19. After his first match on Wednesday, he said he was looking forward to more duties. “It’s a privilege to be among the few African referees here ( Wimbledon),” he said. “I have been involved in one match here and hopefully, I will take charge of one or two other games because it’s a dream for any referee to be on duty at the Wimbledon which most people considered as the most glamorous of all the four Grand Slams in tennis.” This is the second time that the Niger state-born Musa will be officiating at the All England Club after his first experience in 2012. Musa became a bronze badge referee in 2009 has also officiated at the Olympics and the All Africa Games. Nigeria Tennis Federation President, Sani Ndanusa, says Musa being one of the few African officials at the tournament speaks volume of the quality of Nigerian tennis officials.

Murray eases into third round

ndy Murray powered into the third round at Wimbledon with a ruthless straight sets win over Robin Haase. The British No 1 took full advantage of an errorstrewn display from the Dutchman as he completed a 6-1 6-1 6-4 win in just 88 minutes on Court One. Murray will next face Italian 25th seed Andreas Seppi or Croatia’s talented 18-year-old Borna Coric in round three. After battling through against Mikhail Kukush-

kin in his opening match of the tournament, Murray enjoyed a much more straightforward win against an out-of-sorts Haase. The third seed dropped only one point on serve in the first set as he broke his 78th-ranked opponent three times to take it 6-1 in just 20 minutes. Murray’s momentum continued at the start of the second set as he earned a fourth successive break to move 3-0 ahead. A slight lapse in concentration from the 2013

champion in the fourth game gave Haase his first break-point chance, but he was unable to take advantage as the Brit recovered to hold serve. That would be the Dutchman’s only break point of the match and the second set soon slipped away from him as Murray broke again to take it 6-1. Haase continued to blast away until the end but Murray was more than able to keep up as a thumping backhand of his own sealed a comfortable victory.

Murray

Wozniacki, Kerber battle past foes

C Wozniacki

aroline Wozniacki produced a mixed display before securing a place in the third round at Wimbledon with a 6-1 7-6 win over Denise Allertova. The fifth-seed took just 23 minutes to take the first set but the second was a totally different affair as the Czech proved why she broke into the world’s top 100 for the first time earlier this

season. Wozniacki will next face 31st seed Camilla Giorgi, who beat Spain’s Lara Arruabarrena in very similar fashion, 6-0 7-6. Angelique Kerber dropped her first games of the 2015 tournament but was not severely troubled in reaching the third round. The 10th seed from Germany won her first round

game 6-0 6-0 against compatriot Carina Witthoeft but was tested a little more by Anastasia Pavlyuchenkova before progressing 7-5 6-2. Timea Bacsinszky, seeded 15, dropped only three games in beating Silvia Soler Espinosa 6-2 6-1 and 20th seed Garbine Muguruza dug deep to knock out Mirjana Lucic-Baroni in three sets, 6-3 4-6 6-2.

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NEW TELEGRAPH FRIDAY, JULY 3, 2015

Cech plans to play until 40

ew Arsenal signing Petr Cech has spoken of his desire to continue playing until he is at least 40 following his move from Premier League rivals Chelsea. Goalkeeper Cech signed a long-term deal at the Emirates Stadium earlier this week after losing his

starting place to Thibaut Courtois last season. The Czech international, who enjoyed a trophy-laden 11-year spell at Stamford Bridge, is now 33 but he plans to play on for seven more years. “I don’t want to speak about retirement for another seven years. That’s my target and then I will

see,” Cech is quoted as saying by several British newspapers. “You can have a plan, but sometimes, it doesn’t turn out the way you want. “This move is one of those things I didn’t expect - but I’m glad it happened. In football you never know what’s round the corner and

retirement is something I don’t plan. “I’m just looking forward to my new challenge. I’ll just go in, do my work and show I am worthy of a place.” Cech’s competitive Arsenal debut could come against Chelsea when the two contest the Community Shield in August.

Semifinalists emerge at Minimah Boxing Champs Ifeanyi Ibeh

S Cech

emifinalists have emerged at the maiden edition of the Kenneth Minimah National Men and Women Open Boxing Championship holding at the indoor Sports hall of the National Stadium, Lagos.

Lagos State boxer Azeez Dauda, Friday Osagie of the Nigeria Security and Civil Defence Corps, Udeme Johnson of Akwa Ibom State, Rasheed Oyakojo of Ogun State and Bayelsa State pugilist, Onyeka Uchejimare, are among the boxers through to the semifinals in their respective

Pep wants Schweinsteiger stay

ep Guardiola says only Bastian Schweinsteiger can determine his Bayern Munich future amid continued links with a move to Manchester United. Germany captain Schweinsteiger has etched his name into Bayern folklore having won eight Bundesliga titles, seven DFB-Pokals and the UEFA Champions league in 2013 after making his debut in 2002.

However, the World Cup-winning midfielder has been rumoured to be in line for a reunion with former Bayern boss Louis van Gaal at Old Trafford after making just 15 league starts last season. The 30-year-old hinted earlier this week that his future remains with the German champions, and head coach Guardiola says Schweinsteiger has earned the right to make

The NSC’s Director General, Al-Hassan Yakmut, made this known in Abuja when he received members of the Award Panel on a courtesy visit to his office. Yakmut commended the effort of the organisers for remaining stead-

fast and committed towards the objectives of the award, noting that the NSC needs to give its maximum support to the initiative especially in line with the PublicPrivate Partnership drive of the government. Speaking earlier on the mission of the team to the NSC, the Chairman of the award panel, Ikeddy Isiguzo, stated that they were in Abuja to congratulate Yakmut on his recent appointment as the NSC’s Director General and also to deepen the relationship between the commission and the Nigerian Sports

his own decision. “I told him ‘the future depends on you’. Basti has managed a great career. He must decide what he does alone,” Guardiola said at a news conference on Thursday. “Of course I am planning to work with Basti next season. Basti has to decide. “If Schweinsteiger wants to stay here then that’s perfect. He’s a top player.”

Award. Isiguzo called for more participation and involvement of the NSC in the Nigerian Sport Award by making its presence felt during the award Gala Night coming up in November at the Eko Hotel & Suites, Victoria Island, Lagos. President of AIPS Africa, Mitchel Obi, also a member of the award panel, stated that the appointment of Yakmut is well deserved having come a long way in Nigerian sports from being a volleyball player with the national team to an administrator.

L-R. Kayode Idowu, Mitchel Obi, the Director General NSC Al-Hassan Yakmut, Falilat Ogunkoya, and Ikeddy Isiguzo during a courtesy visit to the NSC in Abuja.

sent Salawu sprawling to the canvas in the second round of their three-round quarterfinals contest. Akwa Ibom’s Oluwaseyi Adegboyega also progressed to the last four in his weight division after winning all three rounds in his bout against James Lucky of Oyo State.

American coach to lead D’Tigers to AfroBasket Ifeanyi Ibeh

he Nigeria Basketball Federation has named American-born William Voigt as Head Coach of the country’s senior men’s team ahead of the upcoming 2015 Africa Cup of Nations (AfroBasket) in Tunisia.

NSC pledges support for Nigerian Sport Award

he National Sports Commission on Thursday threw its weight behind the organisers of the Nigerian Sports Award in its quest to inspire outstanding performances in Nigerian sportsmen and women through recognition and reward.

weight divisions after punching their way to victory on Thursday. Also through to the semifinals is Waheed Shogbamu of the Nigeria Security Civil Defence Corps who gained a knockout victory over Kabiru Salawu of Rivers State courtesy of a devastating punch to the jaw which

Schweinsteiger

Voigt was previously the Head Coach and General Manager of the Bakersfield Jam of the NBA Development League from August 2009 to July 2014 and led them to the Western Conference title in 2013. He was also voted American Basketball Association Coach of the Year in 2008. Voigt will be on a short term contract until September and has been handed the tough task of leading Nigeria to a maiden AfroBasket title and qualifying the team for the 2016 Rio Olympic Games. He is to be assisted by a team of assistant coaches, including Ayinla Johnson and Abdulrahaman Mohammed, who were part of the coaching staff to the 2013 AfroBasket championship.

MRI will determine final list, says Amunike Adeolu Johnson Abuja

olden Eaglets coach, Emmanuel Amunike is waiting for the MRI text before picking the players that will don the country’s colours at the next FIFA U-17 World Cup in Chile. Amunike said he was still having lots of players in his camp as he did not have idea which player would remain after the MRI text. “I believe with hard work we will get there because hard work is a non-negotiable thing when it comes to football. With hard work and God we will reach there. We are doing what we are supposed to do. In this category, you know in Nigeria we want to win always, but we also must

be realistic to ourselves that there are lots of factors affecting this category, having the MRI. “So, all we have to do is to continue praying that we will scale through the MRI challenges as they come. Can you really stop growth? Most of these boys if you do MRI on them, some of them are in grade 1, and after four months when you come back to do MRI to them you find out that they have grown. Training and other excises combine to change the morphological aspect of the body. “There is nothing we can really do than to embrace the challenges and look at the future and see how we can can improve in the next challenge to change the future. The former Super Eagles winger expressed

satisfaction with the players he has in camp but charged them to work hard to keep their places. On whether he is under any pressure to deliver, Amuneke said, “I am not really under pressure, I am just doing what I feel is right. I have been in the game, I have played to the highest level, I have served this country. Pressure is part of our job and must be able to face the responsibility that the game brings.”

Amunike

On Marble

World Record

Sanctity of Truth

“Men marry. Women wed.” – Raheel Farooq

Feodor Vassilyev, Russian (c. 1707-1782) was a peasant from Shuya. She gave birth to a total of 69 children; 16 pairs of twins, 7 sets of triplets and 4 sets of quadruplets between 1725 and 1765, in a total of 69 births. 67 of her children were reported to survive infancy.

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FRIDAY, JULY 3, 2015

The second wife

he decision to become a second wife can’t be an easy one for most women who make the choice. At least, that is what I think. To become the ‘legal’ other woman, from where I’m sitting, must be a tough call no matter the other attractions. But it is a choice some women are making even as you read this. As we all know, there are different reasons women do different things that they do. If a woman has been left in the lurch, on the way to the altar, at the altar and has suffered varying degrees of heart ache many times, she just might decide that half a loaf is better than puff-puff. In other words, it is better to be a second wife than not to be a wife at all. So, if she finds a man who is willing to take on a second or even a third wife, she might decide to just cut her losses and manage the pigeon in the absence of a chicken. There are also those who take the second wife route for age reasons. A woman’s eggs are not made to last forever and older eggs are not easy to fertilize. So, what does a senior girl do at 40 and she finds out that all the good guys have been cornered by the smart and or lucky girls, watch her eggs die of old age? No, not if there is another way, and being a second wife is another way. It is not a way a wife who is an only wife will endorse but it is a motion that is usually passed with or without a ‘seconder’. And then there are women who become second wives because of the money, pure and simple. Some are plain greedy and have no patience for threeshirts-and-one-trousers men. They cannot imagine life in small apartments. They want trees that are already bearing fruits because it is too much trouble and beneath them to bend down and plant the seeds and then wait for years to reap the fruits of their labour. Short cuts are their thing and they will defend their choices any day. There are also the girls who have seen so much poverty in their lives that the sight and smell of money gives them multiple orgasms. They simply can’t think of marrying a man as poor as their fathers or their mothers’ lives of back-breaking labour and scrimping and patching second-hand clothes. So, they just marry the money. Does that mean this week is about second wives? Yes it is. Why? Because a lot of women go into polygamy blindly without learning the rules or getting equipped for the life of a ‘legal’ other woman. I just thought we should look at a few reality rules of being a second or third wife. DON’T BE FOOLED BY THE INITIAL ROMANCE His initial fawning and fussing over you is just what all men do when they meet a new girl. The romance, the generous gifts may or may not last. In many cases, they don’t. Some men are generous forever because they are innately generous. Some are so rich that spoiling their wives is a lifestyle. If you get lucky, he could spoil you forever, otherwise, all the easy money could dwindle to a trickle. You are a fine girl with all your gadgets still where the manufacturer placed them. Your boobs and waist are

Adam’s Apple

FUNKE EGBEMODE

egbemode3@gmail.com 08055069066 (sms only) firm and straight-to-the-point. Your ‘arsenal’ does things to his head and heart and he simply can’t focus on anything when you shake your assets. Good, enjoy. Just don’t think he loves you any less if the roses reduce and the compliments wane. There is just a difference between the campaign season and the months after the election. HE MAY NO LONGER BE ABLE TO FUNCTION AT FULL INSTALLED CAPACITY If you are 30 and he’s 60, you are not likely to be able to operate at the same wave length. Shaking you down once a week is probably the best award-winning performance you’d get. If you are expecting an action-packed behind-closed-door activities, you might be disappointed. He is no longer a spring chicken and if he suffers cardiac arrest in your apartment, you will be accused of everything from murder to ‘magun’. Don’t forget there are people who think you are a gold digger ‘who married Otunba for his money.’ YOU ARE NOT HIS ONLY WIFE So, you can’t have him all to yourself. There will be roaster for everything. There will be a schedule, weekly or monthly, for who shares ‘Chief ’s’ bed. There will be a roaster for who he attends which party with. There will be a roaster for who accompanies him on his trips abroad. Because you are the newest thing in the compound, you may get a bigger slice but don’t count on it because some first wives are powerful forever. PLAN AHEAD AND OUTSIDE HIS WILL He won’t be around forever, so don’t go on a baby-making binge. Close the factory after two children. Focus on the future and how to give your children the best. ‘Daddy’ may live to be 80 or 90 but what if he dies before he’s 70? Who will protect you and the children? Oh, you think his will will take care of the rest? Take whatever you need and want, invest like there is no tomorrow so that even if you get thrown out on your sorry behind, you would have dug enough gold to mourn with dignity. This will suffice for now but we will revisit the topic soon. Rejoinders are welcome Re-Pregnant for her ex Has anybody told you that you are a genius? Your analysis of marriage and Anita’s issue in the last three paragraphs are absolutely correct. Back to Anita’s situation; abortion

Depressed

PHOTO: www.123rf.com

shouldn’t be an option for a woman that has not conceived for ten years. I suggest she confess her deeds and ask God for forgiveness and to touch the heart of her husband. After that she should ask God for the courage to be on her knees, with tears in her eyes to tell her husband the truth and be bold enough to face the music. Her husband is likely to send her out of his house immediately or beat her up mercilessly if he’s a wife beater. Before this she should have packed her bags and made arrangement on where to move into. She should be ready to bear whatever punishment her husband subjects her to for the mess because he has a right to be angry and pained. Who knows, her husband might be one of the Josephs of our time and later decides to take her back and cover her mistake and be the father of her child? I suggest too that she doesn’t let Kunle know until after she has told her husband. She should forget about Kunle and perish any thought of becoming his second wife. – Chinyere, milvinuk@yahoo.co.uk

– Wale Edun, Abeokuta, 08035145937 Anita is human and she should seek forgiveness from her husband, then seek divorce so she can go and become Kunle’s second wife. – Joachim,08033912350 Re: Soon, Nigerian men will become wives I do not blame the young men who are so humble to accept to marry older or richer ladies and stay peacefully with them. I do not also blame ladies who are ready to make use of the wealth God has given them to engage a man for marriage. Empowerment refers to increasing the spiritual, political, social or economic strength of individuals and communities. It often involves the empowered developing confidence in their own capacities. I must give kudos to the ladies who have the courage to ‘marry’ men and provide for them. It is not easy to take that decision. It is better for rich ladies to find somebody to live with instead of living a lonely life A woman is better protected and respected when married whether the man is older or younger, richer or poorer, it does not matter. Mrs. Kate of Uganda who married the ugliest man in Uganda once said: “Once you find a man you think is right for you, do not listen to what other people say. Follow your heart. Money and physical appearance should not be an issue”. To promote young men economically and politically, there should be a government organization or an NGO in place to minimize the problems young men go through which has brought them to the situation where we now look at them as wives of their richer wives. – Mr. Cletus Ugwuanyi Arab Road quarters, Kubwa, Abuja Email. Okeja_5@yahoo.co.uk

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Kunle proved Anita’s womanhood. – 07035961555 It’s better for Anita to go ahead and become Kunle’s second wife instead of getting an abortion. She may be destined to have only that one child.

- Executive driver deserves executive salary too!

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