16th oct 2014 by Newtelegraphonline

NIGERIA’S MOST AUTHORITATIVE NEWSPAPER IN POLITICS AND BUSINESS

Thursday, October 16, 2014

Vol. 1 No. 240

/newtelegraph

@newtelegraph1

www.newtelegraphonline.com

N150

House probes $10bn oil loss to merger, acquisitions Philip Nyam Abuja

he House of Representatives is investigating the $10 billion revenues allegedly lost to various mergers and ac-

quisitions by oil majors operating in the country since 1998. The House joint Committee on Finance and Justice, which disclosed this yesterday, indicated that the preliminary investigations which started in

September 2013 are yet to be concluded. Chairman, Committee on Justice, Hon. Ali Ahmad (APC, Kwara), alleged that the statutory payments were not paid by the oil majors into government’s accounts in line

with international best practices. He assured that the detailed investigations would identify the defaulting oil majors as the committee will come up with findings on the exact amount of money each was with-

holding from the Federal Government. Ahmad said: “Because of this wrong development, we are compelled to set the records straight and give members of the public and stakeholders CONTINUED ON PAGE 6

Speaker Aminu Tambuwal

Goodbye, Mr. President lSeven ministers quit Jonathan’s cabinet lBe good ambassadors, he charges them

Quick Read Editorial The fight against poverty }19 Buhari: Nigeria has regressed }4 under PDP

Mutiny: Army begins trial of 59 soldiers }5 Ikot Ekpene elders adopt Jonathan, }48 Akpabio

A cross section of soldiers standing trial for mutiny at Mogadishu Barracks in Abuja…yesterday.

PHOTO: ELIJAH OLALUYI

Reps approve life pension for president, others lSenators’ absence stalls debate on constitution report Philip Nyam and Chukwu David Abuja

he House of Representatives has approved a life pension for the President, Vice President, Sen-

ate President and his deputy, Speaker of the House and the deputy respectively. This is one of the highlights of the harmonised report on the review of the 1999 Constitution unani-

mously adopted by the House yesterday. The provision is contained in clauses 5 and 5A on page 39 of the report. It provides that: “Any person who has held office as President or Vice

President shall be entitled to pension for life at a rate equivalent to the annual salary of the incumbent President or Vice-President; provided that such a person was not removed from office by the process

of impeachment or for breach of any provision of this constitution.” The House, however, rejected the amendment of section 9 of the constitution to allow for a refCONTINUED ON PAGE 4

THURSDAY, OCTOBER 16, 2014 NEW TELEGRAPH

NEW TELEGRAPH THURSDAY, OCTOBER 16, 2014

Commissioning of 200 markets stalls

built by moni Pulo limited in ewang Community, mbo loCal government area, akwa ibom state Moni Pulo Limited (MPL), an indigenous Oil and Gas exploration and production company, as part of its Corporate Social Responsibility programme, recently commissioned a Two Hundred Market Stall Project at Ewang Community, Mbo Local Government Area of Akwa Ibom State. Below are some of the images of the event:

1. Mr. Clifford Daerego (Head, Community Relations, MPL) speaking at the opening ceremony 2. Cross section of some market stall beneficiaries 3. Barr. Frank Edet, Chairman of Mbo Mineral and Oil Committee speaking at the event. 4. Chief Okon Asuquo Abah (Rep. of the Mbo Paramount Ruler) giving a goodwill message. 5. Mrs. Emem Ibokette (Rep. the Hon. Commissioner of Environment and Mineral Resources, Akwa Ibom State) giving a goodwill message. 6. Group photograph of some of the market stall users 7. Commissioning of the Stalls: R-L Mr. Clifford Daerego (MPL); Comrade Etim Asuquo, Chairman of the occasion; Captain E.K. Osuoji, Commanding Officer, FOB, Ibaka; Mrs. Emem Ibokette (Ministry of Environment & Mineral Resources) and Kelechi Chukwu, MPL. 8. The market stalls

www.monipulo.com

News

THURSDAY, OCTOBER 16, 2014 NEW TELEGRAPH

Buhari: Nigeria has regressed under PDP

lRuling party kicks lPresidency: Buhari, Atiku are serial losers Johnchuks Onuanyim, Onyekachi Eze and Anule Emmanuel

ormer Head of State, Gen. Muhammadu Buhari, yesterday declared that Nigeria has regressed under the leadership of the Peoples Democratic Party (PDP). He said the country must be rescued from the clutches of the ruling party which he alleged had “instituted rigging; the worst form of injustice” in the system. But the PDP and the Presidency faulted Buhari’s claims. The party stated that Buhari’s comment was a distortion of facts. On its part, the Presidency described him as a serial loser. Buhari spoke at the declaration of his intention to contest the February 14, 2015 presidential election on the platform of the All Progressives Congress (APC). The former head of state, who had contested the nation’s presidency in 2003, 2007 and 2011 on the platform of different political parties, stated that if elected, he would improve

the Nigerian economy. Buhari had stated after the 2011 presidential election that he was not going to run for the presidency again. He will be 71 on December 17. Buhari, who arrived at the Eagle Square at 12:26p.m. in a convoy of 20 cars and went round in an open Sport Vehicle Unity (SVU) said in his speech: “Many millions are grappling with poverty; many people are in fear of their lives because of fear of Boko Haram; the marauding people all over the places, armed robbers, kidnappers, etc. “I humbly wish to pres-

ent myself before you, before all Nigerians and before God seeking to be elected as APC presidential candidate. “Rigging which PDP has instituted is the worst form of injustice. However, such injustice cannot endure. Nigeria has never been so polarised; so divided and that is why I plead with Nigerians to vote me in so we rescue our country from the clutches of PDP. “Crimes and corruption are taking freighting dimension, industries are down, commerce is down, agriculture is down, yet they announce phantom economic growth.

“When the PDP came in 1999, Nigeria was generating 4,000MW but after almost 20 years we degenerated to about 3,000 MW. “There is no point in holding elections if they are not free and fair. Interference in the form of rigging which PDP government has practised since 2003 is the worst form of injustice – denying people their right to express their opinions. Whether they like it or not, injustice cannot endure. “Since 1999, PDP has presided over our country’s decline. Nigeria in my experience has never been so divided, so polarized

by an unthinking government hell bent on ruling and stealing forever whatever befalls the country. Mr. Chairman, we in APC are resolved to stop them in their tracks and rescue Nigeria from the stranglehold of PDP. “The last 16 years of PDP government has witnessed decline in all critical sectors of life in Nigeria.” Buhari said he would pursue policies in employment, manufacturing, agriculture, education, security and corruption. “Tackling corruption which has become blatant and widespread. The rest CONTINUED ON PAGE 6

29oC

General Muhammadu Buhari (left) at his declaration as All Progressives Congress (APC) presidential aspirant in Abuja…yesterday.

ABUJA

33oC

23oC

Thunder Storms

PHOTO: ELIJAH OLALUYI

Senators’ absence stalls debate on constitution report CONTINUED FROM PAGE 1

PORT HARCOURT

24o C 18oC Storms

KANO

37oC

19oC

Sunny

ENUGU

32oC

23oC

Thunder Storms

IBADAN

31oC

22oC

Thunder Storms

CALABAR

30o C 22oC Storms

MAIDUGURI

ONITSHA

36oC 24oC Mostly Sunny

32o C 23oC Storms

AEROCONTRACTORS LAGOS-ABUJA (MON-FRI) 06:50; 13:30; 16:30; 19:45 (SAT/SUN) 12:30; 16:45 ABUJA-LAGOS (MON-FRI) 07:30; 13:00; 19:00 (SAT) 12:30 (SUN) 15:30

OVERLAND AIRWAYS LAGOS-ILORIN (MON-FRI) 07:15 LAGOS-IBADAN (MON-FRI) 7:00 IBADAN-ABUJA (MON-FRI) 08:00 IBADAN-LAGOS (MON-FRI) 16:30 ILORIN –ABUJA (MON-FRI) 08:30 ILORIN –LAGOS (MON-FRI) 17:00 ABUJA-ASABA (MON-FRI) 10:00 ASABA-ABUJA (MON-FRI) 14:15 ASABA-LAGOS (MON-FRI) 11:30 LAGOS-ASABA (MON-FRI) 13:00 ABUJA-ILORIN 16:00 ABUJA-IBADAN 15:00

24oC

Thunder Storms

FIRST NATION AIRWAYS LAGOS-ABUJA (MON-FRI) 06.50; 09:30; 11:45; 16:00 (SAT) 06:50; 11:45 (SUN) 11:45; 16:00 ABUJA-LAGOS (MON-FRI) 09:00; 11:30; 13:40;18:30 (SAT) 09:00; 13:40 (SUN) 13:40; 18:30 LAGOS-PORT-HARCOURT (MON-FRI) 14:45 (SAT) 16:15 (SUN) 14:45 PORT-HARCOURT-LAGOS (MON-FRI) 16:50 (SAT) 18:20 (SUN) 16:50

MEDVIEW AIRLINES LAGOS-ABUJA (MON-FRI) 07:00; 08:50; 12:00; 15:30 (SAT) 10:00; 15:00 (SUN) 17:30; 18:30 ABUJA-LAGOS (MON-FRI) 09:00; 14:00, 15:00; 18:30

TODAY’S WEATHER FORECAST LAGOS

FLIGHT SCHEDULE

erendum in determining the fate of the report of the just-concluded National Conference. Out of the 260 members present at the plenary, 250 voted for, while eight voted against and one lawmaker abstained. The House is made up of 360 members. The House voted to amend section 7 to grant full financial, administrative, executive and legislative autonomy to local government councils. By this effort, the councils would be made a tier of government having uniform four year tenure. The House also approved amendment of Section 162 to abolish the “State Joint Local Government Account” and establish instead a “Local Government Council Allocation Account” into which shall be paid directly allocation to each local government council from the Federation Account and from the state government.

The House adopted amendment of sections 65(2)(b); 106(d); 131(c) and 177(c) to endorse independent candidacy in elections in order to further open up the political space. To ensure that the provision is not abused, section 228 was amended to introduce a new section 228(e) which states that: “The National Assembly may by law provide for procedures, guidelines and qualifications for access to the ballot by political parties and independent candidates.” Perhaps, one of the most revolutionary amendments is the introduction of new sections 45A – 45D. By this, four items currently under Chapter 2 of the Constitution on the fundamental objectives and Directive Principles of state policy were moved to Chapter 4 on the Fundamental Human Rights in order to make them justiciable. The House voted overwhelmingly to provide for a right

to free basic education; right to a favourable environment; right to free primary and maternal health care services; and right to basic housing. Similarly, the lawmakers amended section 58. This amendment dispenses with the requirement of the assent of the president where he fails to signify that he assents to a bill or withholds assent, as it was felt that two-thirds majority votes of the National Assembly and two-thirds of the entire Houses of Assembly were sufficient for the purpose of determining the will of the Nigerian people. Sections 81(1) and 121(1); 81(2) and 121(2); introduction of new sections 81(3a) and 121(A) and sections 82 and 122 were amended. Section 81(1) allows the President to lay a budget before the National Assembly at “anytime” in each financial year to now read “not later than 90 days before the end of each financial year.”

Section 81(2) was amended to introduce “Other Public Funds of the Federation set up for specific purposes” as part of the estimates, which the president must lay before the National Assembly for appropriation. In order words, the amendment will ensure that the budgeting of such entities as Nigerian National Petroleum Corporation (NNPC), NIMASA, Customs and Excise, Central Bank of Nigeria (CBN), et cetera must now be laid before the National Assembly. The National Assembly is to forward the adopted conference report to the 36 states houses of assembly. Voting and adoption of the report almost ran into a hitch following concerns expressed by some members that clauses alien to the whole process may have found their way into the harmonized report. The lawmakers also queried the procedures CONTINUED ON PAGE 6

ARIK AIR LAGOS-ABUJA (MON-FRI) 07:00; 08:00; 09:00; 11:00 13:00; 15:00; 17:00; 19:00 (SAT) 07:00; 09:00; 11:00; 13:00; 15:00; 17:00; 19:00 (SUN) 11:00; 13:00; 15:00; 17:00; 19:00 ABUJA-LAGOS (MON-FRI) 07:00; 09:00; 11:00; 13:00; 15:00; 17:00; 19:00; 20:00 (SAT) 07:00; 09:00; 11:00; 13:00; 15:00; 17:00; 19:00 (SUN) 09:00; 13:00; 15:00; 17:00; 19:00 LAGOS-PORT-HARCOURT (MON-FRI) 07:00; 09:30; 11:00; 13:30; 15:00; 17:30 (SAT) 07:00; 11:00; 15:00 (SUN) 09:30; 11:00; 13:30; 15:00; 17:30 PORT-HARCOURT-LAGOS (MON-FRI) 07:30; 09:00; 11:30; 13:00; 15:30; 17:00 (SAT) 07:30; 11:30; 09:00; 13:00; 17:00 (SUN) 11:30; 13:00; 15:30; 17:00 ABUJA-PORT-HARCOURT (MON-FRI) 06:45; 10:10; 13:30; 16:50 (SAT/SUN) 06:45; 10:10; 13:30 PORT-HARCOURT-ABUJA (MON-FRI) 08:30; 11:50; 15:10; 18:30 (SAT/SUN) 08:30; 11:50; 15:10

News

NEW TELEGRAPH THURSDAY, OCTOBER 16, 2014

Seven ministers quit Jonathan’s cabinet Anule Emmanuel Abuja

even ministers yesterday bid the Federal Executive Council (FEC) goodbye. At a valedictory session presided over by President Goodluck Jonathan, the ministers said they are leaving the cabinet to contest the February 28, 2015 governorship election. They are Minister of State for Niger Delta, Darius Ishaku (Taraba); Minister of State for Defence (Lagos), Musiliu Obanikoro; Minister of State for Industry, Trade and Investment (Benue), Dr. Samuel Ortom; Minister of Labour and Productivity, Emeka Wogu (Abia); Minister of Health (Ebonyi), Prof. Onyebuchi Chukwu; Minister of Information (Nasarawa), Labaran Maku and Minister of State for Education, Nyesom Wike (Rivers). The seven ministers are yet to submit official resignation letters to the president. They have up till Monday October 20 to do so. While wishing the outgoing ministers success in their political aspirations, President Jonathan said they remain ministers in the cabinet until they finally submit resignation letters to the Secretary to the Government of the Federation (SGF), Senator Ayim Pius Ayim. The president at the special session explained that no minister has been dropped from the cabinet but those leaving have only indicated interest to serve their people at the state level and have received his nod and that of the administration. He said: “I want to make it very clear that as at this morning, about seven members of Council may, and I use the word may because you don’t conclude anything in politics until the last moment, may not be here next Wednesday if their plans continue. “If you are a public officer or you are a civil servant, if you have to go into an elective office you have to disengage on or before 20th of this month. Going by that, that means that any of our colleagues who has the interest to contest any level of election, may not be with us the next council day, that is next Wednesday. “It is only good that we wish them well in their future endeavours having served this country meritoriously, we have very warm relationship with them.” Jonathan noted that until such letters of resig-

nation have been submitted, the affected ministers remain cabinet members. According to him, ministers wishing to resign have between now and latest Monday next week to decide since once they submit letters, there would be no such opportunity to reverse the decision. “But we may not say they are not with us until they write to us through the SGF. As we are talking, nobody has written and we have not dropped anybody, people should not say we have dropped ministers, no,” he noted. Minister of Power, Prof. Chinedo Nebo, who was invited to thank outgoing ministers on behalf of council members, said

they were only responding to the call of duty. “These colleagues of ours, our brothers who have listened to the call of duty in their various states and wish to give themselves there. “Some of our colleagues want to go out and express experientially what they have learnt from you. We appreciate these service rendered by these our brothers, who have rendered distinguished service to this cabinet and to our country. “They have a strong call, a notching to serve our nation in other capacities as politicians. One will say that they came, they saw, they acquired knowledge and then

want to go out and serve their own people in their states. They have served very well, they gave us their best, they stood by you and by us their cabinet members, they identified with us and with our great leader’s transformation agenda. And now that they have decided to become ambassadors in their various areas, we wish them well. We wish them the best of God’s guidance and protection.” Information Minister, Maku, who responded on behalf of the outgoing ministers poured in praises on the president and identified some his unique qualities which he said have impacted positively on the leadership of

the country. Maku said: “The capacity to stay focused in spite of distractions, in spite of torments, in spite of all the things that are said about you, you have remained focused and that indeed is a sign of strength. The other is to keep your eye on the ball, of your policy which today as I have said is already giving a lot of results. “The last in my opinion which is very important is that you have a cosmopolitan approach to leadership in Nigeria. You have been able to bring together diverse people from all works of life, you have resisted temptations to religious sentiments, resisted persuasion for ethnic or

sectional sentiments; you have remained a unifier as every leader in a diverse country should be.” Meanwhile, President Jonathan has lamented the increasing spate of friction between ministers and permanent secretaries managing the affairs of government. The president stated this while swearing-in six new federal permanent secretaries at the presidential villa, Abuja. The newly sworn in permanent secretaries are Muse Fuktu (Taraba), Aminu Bisalla (Niger), Sunday Silver Echono (Benue), Amina Shamaki (Kebbi), Fatima Mende (Edo) and Bulus Zonlolo (Kaduna).

L-R: Managing Director, Slok Nigeria Limited, Engr Firas Abboud; Head, Admin, OJ & T Limited, Mrs. Bukky Olawuni; Accounts Manager (EMEA), CNN, Ashley HoganGancarz; Business Development Manager, Slok Nigeria Limited, Mr. Kunle Oyewumi and Senior Executive Media Sale, OJ & T Limited, Mr. Henry Oligbo, during a visit of CNN officials to Slok head office in Lagos …on Tuesday

Mutiny: Army begins trial of 59 soldiers Emmanuel Onani Abuja

he Army yesterday began trial of 59 soldiers charged with offences bordering on mutiny and criminal conspiracy to commit mutiny. The 59 soldiers, who were arraigned before the Brig.-Gen. Musa Yusufled General Court Martial (GCM) pleaded “not guilty” to the two-count charge, read to them by the Judge Advocate, Lt-Col. Ukpe Ukpe. They are the first set of the 96 officers and soldiers to be tried for alleged mutiny and other associated offences. The accused soldiers,

according to the charge sheet obtained by New Telegraph, were alleged to have refused a lawful order by their Commanding Officer, Lt-Col. T.M Opurum, for an advance operation to recapture Delwa, Bulabulin and Damboa towns in Borno State. The offence is contrary to and punishable under Section 52 (1) (a) of the Armed Forces Act Cap A20, Laws of the Federation of Nigeria 2004. This is as the President of the GCM, Gen. Yusuf, promised “action” on an application by the accused soldiers, to make available records of ammunition that were issued out to soldiers on August 4, when

they allegedly disobeyed orders to advance. Also, the Commanding Officer (CO) for 111 Special Forces Battalion, where the accused soldiers hitherto served, Opurum, told the court that “All the units in the North East have been asking for equipment.” The request for records of ammunition, was made on the soldiers’ behalf by their counsel, Mr. Femi Falana (SAN), who claimed that the accused soldiers, may have disobeyed orders to advance, due to the fact that they were allegedly illequipped. After the formal arraignment yesterday, the prosecuting counsel, Capt

J. Nwosu, told the court that he had brought an amended charge, which did not include the name of one Lance Corporal Anthony Simeon, whom he noted, was not fit for trial, following a medical report earlier obtained by the prosecution. Shortly after the court allowed the application, the prosecution called its first witness and Commanding Officer (CO) of 111 Special Forces Battalion, Opurum, who testified to being the accused soldiers’ commander, when they allegedly committed the offence. In his examination-inchief, Opurum told the court martial, that “on the

3rd of August, my battalion was tasked to advance to Delwa, capture and hold Delwa, to enable the 251 battalion to pass through me on their own objective, which was to capture Damboa.” He stated that as at when the orders to advance to Delwa were given, 47 soldiers refused to proceed on the operation. Consequently, the Special Forces commander, said he had no option, but to advance with only five officers and 29 soldiers. “We advanced, captured Delwa, deployed and gave a clear order that the route was clear for 251 to commence its objectives. CONTINUED ON PAGE 6

News

THURSDAY, OCTOBER 16, 2014 NEW TELEGRAPH

Presidency: Buhari, Atiku are serial losers CONTINUED FROM PAGE 4

of the world looks at Nigeria as the home of corruption. Nigeria is a country where stealing is not corruption,” he said. Four governors – Rotimi Ameachi (Rivers), Babatunde Fashola (Rivers), Adams Oshiomhole (Edo) and Tanko Al-Makura (Nasarawa) – attended the declaration. The presence of the governors confirmed New Telegraph’s report that the leadership of the APC are pushing for the Buhari

candidacy. Senator Olorunnimbe Mamora, who spoke on behalf of the elders of the party, said: “There is a wind of change and the wind of change is blowing and nobody can stop it. Come 2015, you will have APC government install in Abuja. The time has come and we must all work for the change.” Amaechi, who spoke on behalf of the governors, said: “The governors of APC are determined to work together to deliver

APC. Whoever that emerges as flag bearer, we will all work for him. “If PDP has somebody that is anti-corruption like Buhari, let them bring the person; even half a person. “Rivers State is not on their hand; Lagos is not; Kano is not. They are planning to use security to intimidate us, but we must fight with our lives.” Meanwhile, the Presidency declared that President Goodluck Jonathan will be contesting against “serial failures”.

Senior Special Assistant on Public Affairs to the President, Dr. Doyin Okupe, said Jonathan does not see the aspirants paraded by the APC as any threat. Both Buhari and former Vice-President Atiku Abubakar had lost to Jonathan in previous contests. “The declaration by the opposition is not really something new. Most of the candidates of the opposition are serial failures. “Atiku has tried twice and has failed. Buhari has

done it three times and he has failed. If you present yourself for an election, first, second, and third times, what new things are you bringing? “Have they gone to school again or are they bringing new things? We are absolutely unperturbed. The president is going to contest against serial losers; people who never win election; people who have no leadership quality.” PDP in a statement by its National Publicity Secretary, Olisa Metuh, said there were some distortions and misrepresentation of facts in the former head of state speech during the declaration.

“According to General Buhari, Nigeria was generating 4000mw of electricity in 1999 but has today fallen short of that capacity under the PDP. “However, the fact remains that as at May 29, 1999 when PDP took office, Nigeria was generating 1600 mws. We urge Nigerians to fact-check on this. Corroboration of this figure can also be sought from the World Bank, the IMF and multiple other authoritative sources,” the party stated. Metuh disclosed that the nation now generates 4568mw of electricity, which he said is triple of what was generated in 1999.

House probe $10bn oil loss to merger, acquisitions CONTINUED FROM PAGE 1

L-R: Minister of Health, Prof. Onyebuchi Chukwu; Minister of State for Trade and Investment, Dr. Sam Ortom; Minister of Information, Mr. Labaran Maku and Minister of Labour and Productivity, Chief Chukwemeka Wogu, at a valedictory session for the outgoing ministers in Abuja… yesterday. PHOTO: TIMOTHY IKUOMENISAN

Reps approve life pension for ex-presidents, Senate President, Speaker CONTINUED FROM PAGE 4

for adopting the report which does not require a two-thirds majority. However, Speaker Aminu Tambuwal subtly prevented his colleagues from raising points of order and instead asked any member with concerns to approach him for clearance. The adoption of the report which did not actually require two-thirds majority, according to House standing rule, received an overwhelming votes from lawmakers removing any possible incident of inadequate support. The House amended sections 81 and 121 in order to include – the National Security Agencies; and the Nigerian Police, alongside the State Houses of Assembly, Attorneys-General, the Auditors-General, as bodies to be included in the first line charge of the Consolidated Revenue Fund of the Federation and states. This shall grant them financial autonomy to enable them carry out their assignments without the hindrance of non-release

of their allocations. The lawmakers also voted to split the Office of the Accountant-General of the Federation and introduce a new Office of the Accountant-General of the Federal Government. Under the proposed new structure, the Accountant-General of the Federation shall have a five-year tenure and be charged with handling the disbursement of allocations from the Federation Account to the three tiers of Government while the Accountant-General of the Federal Government shall have a four-year tenure and charged with administering the accounts of the Federal Government. It also voted for the establishment of an Electoral Offences Commission as well as an Electoral Offences Tribunal. The Second Schedule, Parts 1 and II, Section 4 were amended by transferring some items, such as railways from the Exclusive List to the Concurrent List; and then moving some other items like health and housing from the Residual List to the Concurrent List.

Meanwhile, the Senate has deferred debate on the report of the Conference Committee on the review of the 1999 Constitution due to the failure of Senators to form quorum during plenary session. The President of the Senate, Senator David Mark, who presided over the session explained that debate on the report had to be stood down as a result of the fact that many senators were absent from the session; and that due to the importance of the bill, it would be taken on another day. To this end, the Senate which had scheduled the consideration of the report deferred the exercise to Tuesday next week. The constitution requires that for a decision to be taken by any of the two chambers of the National Assembly, the lawmakers present at a session must attain a two-thirds majority quorum, which in the case of Senate, is 73 senators. Though the item was listed on the order paper yesterday for consider-

ation, when he observed that going on to consider the report without attaining the required quorum would amount to illegality, the Senate Leader, Victor Ndoma Egba, therefore moved a motion that Senate deferred it to another day. In his remarks, Mark said: “We don’t have required number of senators, I will suggest that we take this report by next week Tuesday, if we don’t have required number of senators, the item cannot be considered.” It was gathered that the lawmakers failed to meet the quorum because some of the opposition senators attended declaration of former Head of State, Gen. Muhammadu Buhari, for the 2015 presidential election on the platform of the All Progressives Congress (APC) in Abuja. Some others were also attending the 131st International Parliamentary Union (IPU) conference holding in Geneva, Switzerland, thereby depleting the number of Senators in attendance.

the true update on the investigative hearing. “Our mandate is to determine whether these companies paid similar dues in their home countries and whether and why they paid or did not pay amounts due to Nigeria. “We are also to determine whether there was complicity from any officials of the concerned regulatory agencies and the Ministry of Petroleum Resources. These efforts will form the basis of our

recommendation to the whole House. “Our recommendation shall be confidential until submitted to the whole House and it is only then that the public may have access to it. We also use this opportunity to inform the general public that since time is not on our side, we have planned to organise, in a matter of days, a full public hearing on the matter, where all the stakeholders and members of the public shall be given the opportunity to participate.”

Mutiny: Army begins trial of 59 soldiers CONTINUED FROM PAGE 5

“That was where I was when I heard that the acting GOC (General Officer Commanding) the 7 Division in Maiduguri, had directed that the soldiers, who refused to advance, should be arrested. “Thirteen soldiers were arrested by military police and taken to guardroom in 7 Division; others resisted arrest,” he stated. He, however, informed the court that on August 18, “my location was attacked by insurgents, who were much in number, and had superior fire power; they were up to 100. “I secured my soldiers, but lost a few equipment,” he confessed. Following the attack of August 18, Opurum said he asked for reinforcement from the Division, which responded promptly, too. Interestingly, he told the court that “47 of the 55 soldiers, that were still remaining, joined the reinforcement,” which led to the recapture of his location. He disclosed that: “I rejabbed. The 47 soldiers”, and sent the report of dis-

ciplinary action, to the 7 Division. According to him, eight soldiers are still on desertion list, and are yet to return to the battalion. He further informed the GCM, that a total of 174 soldiers were in the battalion, before cases of desertion reduced the number to just four officers and 10 men, upon his appointment as CO. However, it was the CO’s testimony that the large number of desertion of soldiers, was presumed by the 7 Division, to be due to “mind pollution” that seemingly gave Falana the strength upon which he raised his argument of troops being ill-equipped. Falana asked what the soldiers asked for, before they allegedly refused to advance. He, therefore, made an application for records of ammunition issued, to ascertain their strength or otherwise. The application was, however, opposed by the prosecution, on the grounds of national security. Trial continues today.

NEW TELEGRAPH THURSDAY, OCTOBER 16, 2014

THURSDAY, OCTOBER 16, 2014 NEW TELEGRAPH

NEW TELEGRAPH THURSDAY, OCTOBER 16, 2014

THURSDAY, OCTOBER 16, 2014 NEW TELEGRAPH

Metro Steve Uzoechi OWERRI

here is apprehension among staff and students of the Alvan Ikoku Federal College of Education (AIFCE), Owerri, Imo State, as two female students have lost their lives within the last one week. The first was a 33-year-old expectant mother, who was said to have attended a night class and unexpectedly went into labour. What ensued became a struggle with only untrained students and a few adults around to offer help. While authorities of the college have refused to speak on the incident, some students told our correspondent that there was no emergency response from the institution during the lady’s critical moment. Consequently, while the young woman was delivered of her baby, she reportedly bled to death long after delivery. A witness said that by Monday morning, there was still a puddle of blood in the 800-capacity hall at Shell Camp area of the institution where the incident occurred. The AIFCE authorities thereafter shut down the hall. While the authorities were yet to address the tragedy, a 100 level student of Economic/Social Studies in the Faculty of Social Sciences also bled to death on Tuesday under mysterious circum-

Alvan Ikoku College: Pregnant student, other bleed to death

ijioma, PRO, AIFCE

stances. The student, who resided in the ‘E’ Hostel on the campus, was said to have also attended a night class the day before. She was said to be washing plates and personal effects in front of her hostel when she

suddenly started bleeding through her nostrils and later vomiting blood. She was, however, rushed to the Federal Medical Centre (FMC), Owerri. While some students told our correspondent that officials at the hospital had

demanded her school identification card, which had to be collected from her hostel before full treatment, another student said that the hospital officials were merely being cautious with the girl in view of the Ebola Virus Disease (EVD).

Before any meaningful medical intervention could be administered, the lady died. Her remains were deposited at the FMC mortuary. Students of the college have become wary over night classes and one of the students, who spoke to our correspondent in confidence, said: “We no longer know what is happening around here. How could we lose two of our students in less than a week under clearly avoidable circumstances? “The story here is that a mysterious bird perched on the girl while she was washing. Whether it is true or not, something is not just right here. I’m still here because I am sitting for my examinations. The way I feel, I will leave this place the same day I finish my examinations.” Contacted, the institution’s Public Relations Officer (PRO), Tony Ololo, declined comment and refused to take subsequent calls put through to his phone. Also, the Provost, Dr Blessing Ijioma, neither answered several calls put through to her mobile line nor reply the text messages sent to her phone.

Sergeant slumps, dies during promotion exercise Taiwo Jimoh

Abba, IG

ABIODUN BELLO FEATURES Editor

abiodun.bello@newtelegraphonline.com

sergeant slumped and died yesterday during a promotion exercise at Ikeja Police College in Lagos. It was learnt that the incident happened about noon. Sources at the college said that the late policeman, whose identity could not be ascertained at press time, was standing under the scorching sun, awaiting his turn when he suddenly collapsed. “We have been at the Police College for the promotion exercise for about two months now. We were called batch-bybatch to the parade ground. The death of our colleague today was a big surprise to us,” one of them said. It was also gathered that when the sergeant slumped, it took the police medical team about 30 minute to arrive the parade ground, while the deceased was lying on the ground, writhing in pain.

Another source said that if the ambulance and the medical team had arrived on time, the sergeant would not have died. “We were all at the parade ground expecting to be called for our parade when we suddenly saw him collapse and his breathing was high. One of us rushed to him and removed his belt and started fanning

him,” the source said. When our correspondent visited the college, some of the policemen were busy with the promotion exercise while others were discussing the incident. “We always stand under the sun like this every day, moving from one officer to the other, signing form or picking form. The condition is too harsh.

Mojeed Alabi

Abductors free TASUED DVC

he Deputy Vice-Chancellor, Tai Solarin University of Education (TASUED), Ijagun, Odogbolu Local Government Area of Ogun State, Prof. Joseph Olusoga Olusanya, who was abducted on Monday, has been reportedly released by his abductors. The university’s Deputy Registrar, Public Relations, Mr Gbenga Omilola, said this in a statement yesterday. Omilola added that Olusanya had since been reunited with

his family. He said: “The management of TASUED, therefore, wishes to express appreciation to the Ogun State Government, security personnel, and all those involved in the release of the deputy vice-chancellor.” However, the institution, refused to explain the circumstances surrounding the abduction and whether ransom was paid before he was released. Olusanya, who was return-

“The Inspector General of Police, Suleiman Abba, should make the exercise more conducive for us,” one of them said. When contacted, the Police Public Relations Officer (PPRO), Mr Kenneth Nwosu, promised to get back to our correspondent. He, however, did not call at press time.

ing to the university from Abeokuta on Monday evening, was abducted by gunmen between Odogbolu and Ososa on the Ijebu-Ode-Benin-Ore Expressway. When contacted, the ViceChancellor, Prof. Oluyemisi Obilade, and the victim’s son, who is the acting Bursar of Tai Solarin College of Education (TASCE), Omu-Ijebu, also in Ogun State, Mr Gbenga Olusanya, both refused to comment on the matter.

Metro 11

NEW TELEGRAPH THURSDAY, OCTOBER 16, 2014

Trafficking: UK court convicts Nigerian couple

jury at Cardiff Crown Court, United Kingdom, has found guilty a Nigerian woman of people trafficking after she forced two Nigerian women into prostitution by making them eat snakes in an African black magic ceremony. The 24-year-old convict, Lizzy Idahosa, and her husband, Jackson Omoruyi, 41, made more than £70,000 out of the women, who were terrified with voodoo and made to see a witchdoctor for a sinister ‘juju’ ceremony. Both are now facing jail after Idahosa was convicted of trafficking the women, inciting them to become prostitutes and transferring criminal property, while Omoruyi was found guilty of money laundering. During the couple’s trial at Cardiff Crown Court, according to MailOnline, the jury was

told that the two victims, aged 23 and 29, had their pubic hair shaved and forced to eat live snakes and snails as part of the ritual, and then flown to Britain in the belief that they were going to find a better life. However, when they arrived in the UK they were put to work as prostitutes, working in brothels at massage parlours across England and Wales. They were told they had to give all the money they earned to Idahosa, and believed the black magic curses would make them go insane or die if they refused. “The couple were involved in the exploitation of two women brought into the UK from Nigeria to work as prostitutes,” said Caroline Rees, prosecuting, during the trial. “They were bound to this by something called a juju ritual. It was a ceremonial ritual used to full effect to terrify both women into doing what

Lebanese faces trial for issuing N32m dud cheques

Omoruyi

Tahir

State, while being entrusted with the sum of N22,650,000 by HDF and Sons Nigeria Limited, dishonestly converted the said sum to your personal use thereby committed an offence contrary to Section 308 of the Penal Code and punishable under Section 309 of the same Code.” The accused pleaded not guilty when the charges were read to him. The judge granted the accused bail in the sum N1,000,000 and one surety in like sum. The surety, according to him, must be a public servant of not less than grade level 14 with a landed property within the jurisdiction. Also, the accused must deposit his international passport to the court. Lawal adjourned the case till November 19 for commencement of trial.

Idahosa

the woman had been able to pass through immigration at Heathrow. “She was taken to premises full of women dressed in their underwear. There was no expla-

nation as to what was going on but it soon became clear,” she said. The woman started to work as a prostitute and was forced to have sexual intercourse with

seven or eight men every day, working in brothels across the UK, including in Cardiff and Swansea. When interviewed, she claimed she had given Idahosa £45,000.

Police hold 20 for robbery, cultism Igbeaku Orji UMUAHIA

Juliana Francis Lebanese, Husein Tahir, yesterday appeared before Justice Farouq Lawal of a Kano State High Court, for issuing five dud cheques for N32 million. Tahir and his company, Kamisa Nigeria Limited, allegedly received N22,650,000 from the petitioner, for the execution of a contract with the Nigeria Customs Service (NCS) but after the contract was concluded and money paid, he fraudulently converted the money to his use. The Head, Media and Publicity of the Economic and Financial Crimes Commission (EFCC), Mr Wilson Uwujaren, said the accused later issued the complainant five Diamond Bank cheques to the tune of N32,650,000. The cheques were returned unpaid on presentation owing to insufficient funds in the account. Tahir was arraigned by EFCC on a six-count charge bordering on criminal misappropriation and issuance of dud cheques. One of the charges reads: “That you, Husein Tahir, and Kamisa Nigeria Limited sometime in 2009 at Kano within the jurisdiction of the High Court of Kano

was demanded of them. “It was used to ensure compliance, secrecy, and they believed if they broke the bond dire consequences would follow: illness, madness, infertility or death. “They genuinely believed the powers would work,” Rees added. The offences came to light after police arrested a 23-year-old Nigerian woman at the Ambassador Suite brothel in Cardiff, in June 2013. She told officers she had been living rough in Nigeria after her mother died and had wanted to travel to the UK to find her father. She had then met a woman, claiming to be Idahosa’s sister, who promised to make arrangements for her to travel to London, and as part of the agreement had to take part in the ceremony. “She did not know what was expected of her,” said Rees, who said

he police in Abia State yesterday paraded eight suspected armed robbers who specialised in snatching vehicles and 12 suspected cult members. The police also recovered a stolen two-month-old baby girl. Parading the suspects at the command headquarters, Umuahia, the Commissioner of Police, Adamu Ibrahim, said his men received information that a Mitsubishi Montero SUV with registration number APR 820 K was hidden in a compound at Nsulu in Isiala Ngwa North Local Government Area. Ibrahim explained that on

getting to the place, his men discovered that the vehicle was stolen from the owner, Ezenwa Enwerem, where it was parked at Ubakala in Umuahia South Local Government, adding that one Michael Okon was arrested during the raid. He said that the command also recovered a Toyota Camry car with registration number BH 372 YAB at Obehie on the Enugu-Port Harcourt Expressway and a Toyota Avensis car with registration number SMK 919 CK. The commissioner also said that his men also rescued a kidnapped victim unhurt and no ransom paid, while her Nissan Xtera SUV with registration number APP 959 AZ was recovered. Ibrahim said men from

Eastern Ngwa Police Division arrested the duo of Henshaw Friday and Uduak Effiong at Umuocha village in Obingwa Local Government with one locally-made pistol while two suspected armed robbers operating at Ikwuano Local Government were apprehended. The suspects are 22-year-old Chinda Thankgod and Onuoha Chukwuka, 24, residents of Umuariaga Ikwuano. Ibrahim said that 12 suspected cult members armed with dangerous weapons were arrested at People’s Hotel situated on Ama-Ogbonna Road in Aba. The police, according to him, also recovered from them a ‘Ghana-must-go’ bag containing weeds suspected to be Indian hemp.

16 freed inmates sign bond, thank Okorocha Steve Uzoechi OWERRI

ixteen inmates of Owerri Prisons have extolled Governor Rochas Okorocha of Imo State for granting them amnesty during the country’s 54th Independence anniversary. Some of the pardoned convicts, who spoke while signing their bond of good conduct, expressed joy that they have been given an opportunity to re-unite with their families. They pledged to be of good behaviour as the re-integrate into the larger society. In his address, the Chairman of the Committee on Pre-

rogative of Mercy and Attorney General of the State, Mr Chukwuma Machukwu Ume, said the event was to properly document records as regards the process of their release and ensure that appropriate records were kept. Ume, who spoke through the Secretary of the committee, Mr Jude Nwokonkwo, said the governor’s decision to free the inmates was in compliance with recommendations by the committee. He warned the beneficiaries to steer clear of all forms of criminality as they re-integrate into the society, while assuring them that government had made plans to assist in their rehabilitation. The Comptroller, Imo State

Prison Command, Mr Ifeanyi Amaliri, said the occasion was to formalise the release of the 16 inmates. He, however, regretted that it was five years ago such happened last in the state. Amaliri also enjoined the inmates to refrain from crime. He said: “Always avoid conflict with the law and things that will bring you back into the prison. Don’t say the prison is full and can’t admit you.” One of the beneficiaries, Mr Austin Chukwuemeka, who was convicted for life but had spent 17 years, authored a book while in prison entitled: ‘Stay afloat in righteousness while in prison.”

News

thursday, OCTOBER 16, 2014 NEW TELEGRAPH

south — west

Ekiti: Police beef up security for inauguration Adesina Wahab Ado-Ekiti

kiti State police command has beefed up security in and around major locations and buildings to be used for the inauguration of the Governor-Elect, Mr. Ayodele Fayose, today. According to the Police Public Relations Officer, Ekiti State Police Command, Mr. Victor Babayemi, the command has put in place adequate security arrangements to forestall any possible breach of the law. “In view of the forthcoming inauguration and swearing-in ceremony of the governor-elect, Mr. Peter Ayodele Fayose today, the command has put in place adequate and comprehensive security measures to prevent the breach of law and order. “Accordingly, the Commissioner of Police, Taiwo Lakanu, has ordered the deployment of adequate manpower and equipment to police the events. Bomb Disposal Units, Counter Terrorist Units, Police Mobile Force (PMF) and Swift Response Squad (SRS) in addition to conventional and plain cloth detectives, have been strategically positioned to ensure an eventful and crisis-free ceremony. “The police have been mandated to embark on thorough stop and search of persons and vehicles to prevent trouble makers from infiltrating the venues,” Babayemi said.

L-R: Vice-Chairman, PZ Cussons, Mr. Tunde Oyelola; Speaker, Lagos State House of Assembly, Hon. Adeyemi Ikuforiji; Olympic Milk Brand Ambassador, Peter Okoye of the P-Square group; Managing Director, Nutricima, Mr. Suneel Vasudevan and Chairman, Chief Kola Jamodu, during the unveiling of the new powdered Olympic Milk and Apple Flavoured Drink in Lagos…yesterday. PHOTO: SULEIMAN HUSAINI

warfare

From a departing Christian to a fellow Christian governor, there is spiritual warfare in Ado-Ekiti

Adesina Wahab Ado-Ekiti

undreds of clerics and other spiritualists are set to help in the cleansing of Ekiti State Government House, the Governor’s Office, Deputy Governor’s Office and other offices and residences to be used by the incoming Ekiti State Governor, Mr. Ayo Fayose and his Deputy, Dr. Olusola Eleka. A source told our correspondent in confidence in Ado-Ekiti yesterday that the action became

Spiritualists to clean up Ekiti Government House necessary following the unexpected malice and uncooperative attitude of the outgoing government of Dr. Kayode Fayemi, with the incoming administration. Fayose also dropped the hint that such an exercise would take place when he responded to a question on a phone-in radio/television programme last Tuesday. A caller had advised that he should be wary of the manner he would take over the use of some state facilities. In response, Fayose said: “Quite a number of clerics will help in

cleansing the Government House. They will be doing their job and we will be following them.” He added jocularly that any cleric not sure of himself should stay away. New Telegraph source said given the level of bitterness shown by the outgoing government, nothing should be taken for granted. “You can imagine a situation where we held a peaceful election devoid of violence or irregularities and the loser, conceding defeat two days after, only for the losing party to resort to arm-twisting tactics of wanting to scut-

Alao-Akala’s group, Oyo Fayemi: I’m leaving office a fulfilled man APC in war of words Sola Adeyemo Ibadan

group angling for the return of former Governor Adebayo Alao-Akala to the Oyo State Government House in 2015 and the All Progressives Congress (APC) in the state yesterday engaged each other in war of words over alleged attack during the visit of the First Lady, Mrs. Patience Jonathan to Ibadan. The group, tagged “Team Akala, in a press release signed by its Coordinator, Mr. Niran Adeyoju, alleged that; “scores of hoodlums, who were All Progressives Congress (APC) - sponsored thugs” attacked their members

with stones and broken bottles during the visit, thereby destroying the DJ’s microphone and laptop. According to the release, the content of which was corroborated by Dr. Kola Balogun, Chairman, Board of Trustees of the group; “The attack, which was carried out on two consecutive occasions (at the Airport and the venue of commissioning ceremony) aimed at creating a bad image for former Governor Bayo Alao-Akala and the entire PDP in the state as a promoter of thuggery and violence.” In response, the APC described it as “a futile attempt to attract public sympathy by a political player.”

Adesina Wahab Ado-Ekiti

utgoing Governor of Ekiti State, Dr. Kayode Fayemi, said yesterday that he was leaving office a fulfilled man. Fayemi, in a valedictory broadcast to the people of the state, said he kept faith with all his electioneering promises as well as worked hard to make the state develop, leaving it better than he met it. In an emotion-laden address, the outgoing governor said his final exit day in office did not catch him by surprise, saying he had always expected it and prepared for it. He described his fouryear tenure as “glorious,” saying he used his tenure

to make poverty history among the people as well as instill decency in governance, contrary to widely held belief. “As I step down from office, I can say the promises I gave are the promises I kept, I have made Ekiti a much better place than I met it. “There is time for everything and a season for every purpose under heaven; earthly things are temporary and finite. “Governance is a continuum, administrations come and go, our electoral laws do not allow holding office in perpetuity,” Fayemi declared. He, however, called on Ekiti people to shift from what he called “personality orientation of politics to politics of strong institutions and of enlightened policy.

tle everything through the back door. “With the way they tried to scuttle everything, can anyone predict what they could have planted in those places. We have nothing, but we rely on the Almighty God and we will call on Him to help thwart any negative intention against this incoming government,” he said in confidence. Despite the initial peace that followed the conduct of the June 21 governorship election, the state has been in the news in the last few weeks over alleged plans by the All Progressives

Congress and a political group, the E-11, to stop Fayose’s inauguration based on his propriety or otherwise to contest the poll. The development led to the invasion of a court on September 22 and the alleged assault on a judge three days later. The National Judicial Council was later inundated with petitions by Fayose and the Chief Judge of Ekiti State, Justice Ayodeji Daramola. The intervention of the NJC later doused the fear that the chief judge may boycott the exercise.

I’m inheriting an empty treasury, says Fayose Adesina Wahab Ado-Ekiti

kiti State GovernorElect, Mr. Ayodele Fayose, yesterday painted a gloomy picture of the treasury he will be inheriting today; saying no account of the state government has up to one million naira. Speaking in an interview with reporters, he said it would take the grace of God for the incoming administration to wriggle out of the situation and meet the people’s expectations. Fayose also decried the attitude of the outgoing governor, Dr. Kayode Fayemi, who, he said failed to support the inauguration event in any way and even

refused to approve the use of some state facilities. He alleged that Fayemi did not approve funds for the organisation of the ceremony. “Well, like I said, I don’t want to join issue with anybody. I only believe that a chapter has come and gone, then a new chapter will be opened tomorrow. The outgoing government has refused to cooperate with us in terms of inauguration and my findings have confirmed that no government account has up to one million naira. The Head of Service has been here with some permanent secretaries and I asked them; no government account presently in Ekiti has up to one million naira, it’s unfortunate that this is happening.”

NEW TELEGRAPH THURSDAY, OCTOBER 16, 2014

Battle for Edo

Battle for Delta

APC ticket

Lagos 2015

Obende: PDP can’t take over

Urhobo won’t settle for anything except gov, says Omene

Mairiga: Buhari can’t win primary election

No crisis over Fashola’s successor, says Raji

Politics Governor Gabriel Suswam of Benue State says the greatest challenge that has confronted his administration in the past seven years has been inadequate funding. In this interview, he speaks on how paucity of funds has hampered his developmental programmes, security challenges and how he almost lost his re-election in 2011. CEPHAS IORHEMEN reports

Suswam: I’m struggling to pay salaries of government is supposed to trade in shares if it has them. That is why it was set up. Without reference to me, there is a board; it’s a limited liability company. Other investment companies in this country invest on behalf of their states. Without trading in shares or some of the assets that we have, that company is useless. That is what it needs to do but since they set it up, none of such is being done. It needs to invest on behalf of the state. When I came in, I decided to set up a board headed by a man of high integrity so they can begin to do things and within this period, we have a filling station there and we are also building a masive and beautiful estate and in Abuja, we have designed to build a shopping mall. So, if at all they decide that we need to trade in these shares, get some other shares, it’s okay. That is what it is set up to do. It’s not me. That is why it was established to do. But like I said, we have just 43 million unit of shares and that is why we lost the directorship of the company. The units we have cannot give us the kind of money we are looking for. Other states which have sold shares have provided serious infrastructure for their people but we don’t have enough to do that. But if the BIPC wants to sell shares, their mandate gives them the right to do so. There is nothing wrong with that. But I don’t think they have started doing so for people to speculate.

There are reports that you intend to dissolve the local governments in Benue State. How true is this plan? As a lawyer, I will not do anything that will lead to litigation. Local governments’ tenure will end on November 27, 2014 and under the law, their tenure expires that day. Are you going to conduct council election before your exit next year? I had thought I will be able to conduct elections before then but given the fact that I’m still struggling with salaries, I may be unable to conduct that election. To conduct election now will cost me about N1 billion and I don’t have that kind of money. So, we will put caretaker committees in place at the end of November 27 and then see whether it will be possible to conduct an election before I exit from office or we will hand over the caretaker committee to the incoming governor to conduct the election when he eventually takes over. Seven months to the end of your tenure, stakeholders are worried that some of the projects promised by your government are yet to be delivered to the people. Is there any assurance that they will be completed before you exit office? When I went to the capital market, a lot of people criticized me and said that I want to carry the money and walk away. I asked for N11 billion, they did not give me but they approved N5 billion for Benue. I did that because government is a continuous process. So, I felt compelled that there was a need for me to complete some of the very important projects that are ongoing. Some of them I have com-

AYODELE OJO

DEPUTY EDITOR, PoLITICS ayodele.ojo@newtelegraphonline.com

Suswam

pleted like the international market and it’s ready. I’m also making plans to start the Benue Television before I leave. I also have the Oju-Okusa-Utonkon Road, it is 85 per cent completed. Ge-Ikobu-Konshisha road is about 75 per cent completed and Agagbe road about 65 per cent completed. I want to complete them all. I started an international conference centre at the IBB Square. I want to finish it but we don’t have money. So, I have a lot to do before I exit, but I need money. So, the N5 billion is even a drop. We haven’t talked about reticulation of water in Makurdi and its environs which has become a source of scoring cheap goal by the opposition. Yes, building a water treatment plant is one thing, reticulating the water is another. So, we decided that we are going to do it. We had two bills, one was N18 billion the other was N14 billion. We decided that we will do the first phase that will give

constant water to Makurdi and its immediate environs. We took N8.5 billion and we awarded the contract. These are some of the projects but what I know is that I will complete 90 per cent of these projects before I leave. I can’t complete them 100 per cent except I realise money somewhere suddenly. The plan of the state government to sell its shares in Dangote Cement Company has been in the news recently, why is your government embarking on the sales? (Cuts in) I am looking for money and I wish that I even have enough shares to sell and apply the money to solve some of the problems that we have but unfortunately we don’t have. The shares we have in Benue Cement is a little over 43 million units of shares. No one is in the market. So, it’s a good thing they have decided to give them out. Jokes apart, the Benue Investment Property Company (BIPC) which is in charge of business portfolios

After seven years in office, are you satisfied with your performance? I set off perfectly but I won’t say I have met those targets the way I had wanted it. But on a second thought, before I came, there were a lot of things that were not in place. Our attitude generally, for instance, there has been a paradigm shift. When I started the roads in Makurdi, the question was whether people are going to eat the roads. The attitude was wrong. They didn’t appreciate the fact that people need to operate in a decent environment. I almost lost my re-election because they (opposition) said I was not sharing money. There is no part of Benue that you will go that there are no rural roads or electricity. These are things people never believed can be done. For instance, the electricity in Oju started in 1979, they never saw electricity but when I became governor, there is electricity in Oju. Ditto for Igbo. So, the only way I could change the negative attitude of our people was to say things and do them. There was no single block at the Makurdi water works. My predecessor had dug a hole there but CONTINUED ON PAGE 20

Politics | Interview

THURSDAY, OCTOBER 16, 2014 NEW TELEGRAPH

Obende: PDP can’t take over Edo our soldiers leaving without permission.

Senator Domingo Obende represents Edo North Senatorial District in the National Assembly on the platform of the All Progressives Congress (APC). He is also the vice chairman, Senate Committee on Federal Capital Territory (FCT). In this interview with CAJETAN MMUTA, he speaks on the death sentence passed on 12 soldiers, corruption and 2015 general election The summary of President Goodluck Jonathan’s independence broadcast was that Nigeria is on her path to greatness. Do you share this view? Well, Nigeria on her path to greatness has challenges. I always believe we discuss the negativity of issues that make us to be better people, than glorying in the victories that we receive. As we speak, the Gross Domestic Product (GDP) of this country has not grown beyond endurance and that is the truth. And if it has not grown beyond endurance, then you ask a question; what are we actually dancing around for? The youths are on the streets, they have no jobs; there is hardly any parastatal that is creating job except the one we see on paper. The economy, for me, is nose-diving and our foreign reserve is going down. Tomorrow, they will tell us it is over $40 billion. But nobody is telling us what these monies are meant for, and I think the president ought to have lamented seriously on the challenges of the nation, and proffer solution on his intention on how to confront those challenges because everybody knows what is going on. We say that we are the giant of Africa; we are really not giant if we go down memory lane over what has been happening over the years. But I believe with unity things can turn around. Do you think we are doing enough to check corruption in the country? If we can be united in the fight against Ebola irrespective of where the virus came from, Nigerians came together with high quality leadership and Ebola has been tamed as we speak. I guess we can also do the same thing taming corruption. Corruption is not a faceless object, activity or entity; corruption is seen and known, can be felt and touched and for this purpose, I think Nigeria needs to do more, especially the anti-graft agencies. The selection in having to prosecute people cannot help this country. The only thing that can help is when we see Nigeria as a country that belongs to everyone of us, and we work for this country and fight corruption head on. How do you see the seizure of $9.3 million and another $5.7 million in South Africa? Then, why the approval for $1 billion loan? There is something I want us to understand here and that has to do with the fact that one, the $9.3 million supposedly meant for the purchase of arms and ammunition to me has not passed through the right channel. Well, I think that cash was for a black market deal, either for arms or ammu-

The judiciary in Ekiti State was recently attacked by political thugs. What is the implication of this action, where thugs disrupt court processes and beat judges over election matters? Well, the desecration of the court which is seen as the place for hope and justice for common people is not welcomed at all. It doesn’t matter whether the governor-elect was there or not, the important thing is that vicariously, he is liable because if I cannot control my thugs, if I do have one, whatever they do, the responsibility must be on me, and a good leader must accept every good and every bad action. This is a bad action, he has to accept it. If this is the same bad action he used in winning the election and he accepted it, and he gloried in the victory of that election, then he must also glory in the invasion of the court. There is no way you can tell me that I am in the court premises and my security is not assured, then there is more to it than what has just happened.

Obende

nitions, or for other purposes, because as a country if I need to move money to another country, I’ll use diplomatic means. The other country ought not to embarrass me if everything was right. For me, I believe something was wrong somewhere and it is those in the finance, or those in the budget, or those who are greatly responsible for the movement of the funds that can explain it. The $1 billion approved has nothing to do with physical cash as it were, but, of course, it is still a debt that we owe that we must pay. These goods are going to be supplied to the Nigerian government on credit and the payment will be made later. It is the modality of payment that has to be appropriated for by the National Assembly. Right now it is just an approval that government can go ahead and incur debt up to the tune of $1billion buying arms and ammunitions. The decision of the Independent National Electoral Commission (INEC) to create additional polling units has generated controversy such that the Senate as directed that the exercise should be stopped. How do you see the development? I do not think INEC created 30, 000 additional polling units. INEC intended to create 30, 000 additional polling units and of course they cannot create anything without approval. And for us at the National Assembly, it is not acceptable and it is too close for comfort. We cannot be having an election in February and you are creating additional polling units in October. I don’t think it is acceptable anywhere in the world. That is why we have problems and all these things affect the infrastructure of this nation where planning and strategic thinking is never brought to bear. And this is what you get. We cannot go on a crash programme to create units. If INEC intends to create additional units and even the delineation of wards as it so claims, they have to start it now against 2019. And if that is not done and they come again in 2018 to start to rush, like they are doing now, it is also not going to be accepted. It is going to be resisted by all organs. So, I believe INEC has not created but intended to create.

The General Court Martial has passed death sentence on 12 soldiers. Some people and institutions have opposed the sentence. Do you share same sentiment? Well, we have always been talking about sponsors and we also talked about people that have made it impossible for these insurgents to be wiped out. And there are accessories, not just people who sponsor the sect. That can be likened to what has happened to the soldiers being tried for mutiny. I tell you why; as a military person, you are given your code of conduct and you know what is an offence, and more so in a manner that suggests that you intend to commit murder. It is purely a military affair. I don’t want to go deep into it, if that is what their code of conduct says I don’t think anybody will plead for them because if you plead and you release them today, tomorrow we don’t know the war that is coming. Then tomorrow you find all

In 2011, Edo State was not a PDP state but we voted for Jonathan because everybody expected so much from him. But right now we are still the same Edo people. We are also going to decide

President Goodluck Jonathan during his visit to Edo State penultimate week said that the Peoples Democratic Party (PDP) will take over the state and Rivers State. Are you not worried by that statement coming from the president? I know I’m not from Rivers State but I am also aware that APC in Rivers State is solidly on ground. You are a reporter, you are in Edo State and you know what is going on. APC today is a party to beat in Edo State. If I may just comment briefly on what happened at the stadium that day; did you see any serious person of substance politically on the field that day? I didn’t see anybody serious because when you talk about seriousness, it must be people who know their value and they hold onto their values. And they are credible in whatever they do. When you say I am going, you know you are going. If I am staying, you know you are staying. You can’t take political prostitutes and put them together and you are telling us that you are going to win Edo State. How are you going to win Edo State? A prostitute remains a prostitute. In Edo, APC holds the ground and there is something I want to say here. In 2011, Edo State was not a PDP state but we voted for Jonathan because everybody expected so much from him. But right now we are still the same Edo people. We are also going to decide. I don’t think that should even interest President Jonathan whether PDP wins Edo or not. What should interest him should be his election because I have never seen anybody here that will come out from the PDP who will defeat APC. I believe he was just hyping comfort for himself, but the truth remains that he is our president, he is free to his own understanding of the area he visits, but he should ask the grassroots if PDP is on ground in Edo State or is it media hype. How about former Foreign Minister Tom Ikimi’s defection to the PDP? If any of the leaders fall in these categories I am not the one to mention their names but the truth remains that I believe that a political leader must have integrity because that is what makes you a leader. So for me, maybe Chief Ikimi believes he has gotten to the end of the road with APC and he wanted another relationship which is allowed politically. I said it earlier that this is the period where you find so many political gladiators so that when victory comes they share in it, when it is failure they move to another place. So, I don’t know which one he belongs to.

Politics | Interview

NEW TELEGRAPH THURSDAY, OCTOBER 16, 2014

There are reports that the decision of Urhobo to produce the next governor of Delta State has been jettisoned because of your parley with Governor Emmanuel Uduaghan? You know in politics, people use blackmail as a means to achieve what they want. Some choose to use naked lies, some share force while others use financial inducement to achieve their objective. What you have just said is not a surprise to me. Before I became the acting president general of Urhobo Progress Union (UPU), I had been in politics and I know what politicians are capable of doing. You see, those people who you claim are not aware of what is going on; I took an oath to defend the Urhobo nation and I cannot go outside that oath. Since I became the first Deputy President of UPU, I have not seen Governor Uduaghan more than two times. First, we met after Ovwiamughe’s declaration; secondly, we met when UPU executive went to meet him to tell him our position that it is an Urhobo governor or nobody. And that is what we stand for. After that discussion, he said he will find time to meet with us again but he has not. But we are even still looking beyond him; I personally don’t think that he will go outside Delta Central Senatorial District to pick a candidate for the governorship come 2015. After the death of your predecessor, General Patrick Aziza, people have doubted your ability to pilot the affairs of Urhobo. How have you fared? I want the same people to assess my performance as the acting president before he (Aziza) died. You see, after our election, since February this year; I have been piloting the affairs of UPU from January till date even before he passed on. So, people should assess my performance from that time till now. Any position you find yourself, it is the work of God. If you fight to be in a position, you will never get it except God says you will. That is why I always tell people; ‘you cannot be what you are not’. If I cannot be First Deputy President General of UPU, then I wouldn’t have won the election. If I can’t be the acting president general, I can’t be. That I find myself in this acting capacity is because God approves of it. Let me digress into the politics of Delta State 2015. The position of UPU which is the position of Urhobo Nation remains the same. Come rain, come shine, we are going for the governorship and it cannot be stopped by any human being no matter what, except God Almighty. You see, we are systematic because I won’t just wake up to tell you something when I know we are not equal to it. Before we came up with that Uvwiamughe’s declaration, we consulted all the strata of stakeholders of Urhobo land, the kings, key politicians and all kingdoms’ president generals before we made that pronouncement. And it is only a foolish man that will say; ‘this is what I want to do’, and he

Urhobo won’t settle for anything except Delta gov, says Omene Chief Joe Omene is the President General of the Urhobo Progress Union (UPU). In this interview with GABRIEL CHOBA, he speaks on the resolve of the Urhobo to produce the governorship of Delta State in 2015. Excerpts:

But there are insinuations that Governor Uduaghan has anointed Tony Obuh as his successor? In politics, you don’t tell other politicians where you are going because they will know where to block you; you can tell politicians that you are going straight but inwardly, you know your root. Give the impression that you are going straight but you may not. So with this, you can decode what I have told you now.

Omene

goes to sleep. We have been acting, we have been consulting; we have been meeting. Personally, I just returned from Abuja. We have been meeting top government officials and politicians based in Abuja who are from Delta State, and we know the assurances we have gotten. We have equally been meeting with key Urhobo citizens living outside Delta. We have our game plan. And any stumbling block will be cleared. Any Urhobo man who wants to constitute himself as a stumbling block against the decision generally taken by the Urhobos will be cleared aside. Proper sanction and traditional sanction will be imposed and they will live to regret it because even after their death, it will still be remembered that; this is the decision taken against them by the Urhobos. Their children will live to remember it and we are compiling the names of these people; we are not planning to kill anybody, but they will live to regret it. Again, except such an Urhobo politician is not dreaming of contesting tomorrow, because if your name falls within the list of those who are working against the interest of Urhobo, you will not use Urhobo name to contest any election. You will go to Delta North

to contest because Urhobo will sponsor a candidate of any other party to vote against you. It will be published on pages of newspapers during election period; ‘this person is not capable to carry the interest of Urhobo because in his last position, he used it to fight the interest of Urhobo, and there is no reason why Urhobos will still continue to vote for you’. We will come out openly. There are some key rich and prominent Urhobo people within and outside Urhobo who are prepared to vote money to fight politically against such people. So, if you know you are an Urhobo indigene and you are using your position to fight against the interest of Urhobo, be prepared for the war ahead. That is our position and anybody who is thinking that I am going to succumb to pressure is just deceiving himself, because I will not succumb. That decision is sacrosanct because it is a decision taken by Urhobo, declared openly at Uvwiamughe and we are not thinking of reversing it. So the Urhobo agenda is still on course? It cannot be true that UPU is slacking. I don’t want to give you details but my trip to Abuja was strictly because of the 2015 gov-

ernorship. And any non- Urhobo who is also trying to mortgage the interest of Urhobo using his position will still be fought in and out of office because he used his position to sabotage the collective interest of the average Urhobo man. Towards the elections, all the names of these people we are compiling and their statements will be published, to let the Urhobos know those who are truly Urhobo or those who after getting money to sabotage the interest of their brothers and sisters. Even, if I fall into that grave, I should be crucified. If at any point in time, I decide to mortgage the interest of Urhobo then I will also allow myself to be crucified by the Urhobo people. It is only God that knows who will be the next governor of Delta State because he does the impossible. Now, if an Urhobo man emerges the Peoples Democratic Party (PDP) governorship candidate; no problem. As at this moment, the UPU recognises governorship candidate only from two political parties namely; PDP and APC which are the only two major parties in Nigeria. Ogboru would have been governor long before today if he had come from a major party.

I will advise the average Urhobo man to remain steadfast and be prepared for the war ahead because it is not a war of guns and knives, but a political war of ballot papers

So, what is expected of Urhobo people ahead of the 2015 general election? I will advise the average Urhobo man to remain steadfast and be prepared for the war ahead because it is not a war of guns and knives but a political war of ballot papers. And any Urhobo man who hears or reads about negative statement against the Urhobo nation should react immediately. It is a collective fight and not a fight for only UPU. Any Urhobo who is saying that he is carrying the banner of another interest stands condemned. Imagine them saying; ‘we should grow beyond politics of tribe’. Those people are talking rubbish. When they want to go for election, they will remember they come from Urhobo; when they are there, they will say; ‘oh we don’t play tribal politics’. During the recent national conference, we saw the Arewas defending their interest, Afeniferes, Ndigbos and Ijaws defending their interest. But when it comes to the Urhobo man in politics, he will tell you; ‘we should not play tribal politics’.

16 Politics | Interview Husain Isa Mairiga is a factional leader of the All Progressives Congress (APC) in Kano State. In this interview with MUHAMMAD KABIR, he speaks on Governor Rabiu Kwankwaso’s presidential bid and laments that his party has created artificial problems for itself. Excerpts: Why did you create a faction in the Kano State All Progressive Congress (APC)? I think before I answer that question one should talk about the history of political alliances in Nigeria and how we even came into being. I as a person have been part of a political train that has seen so much, right from the days of Peoples Redemption Party (PRP) to National Party of Nigeria (NPN). During that period if you could remember, late Abubarkar Rimi who was elected on the platform of PRP had to form an alliance with Unity Party of Nigeria (UPN) leaving Mallam Aminu Kano. It was because some people hijacked the party from Mallam Kano and went ahead to instigate him against his governors. Although, what Rimi did was not something that could be celebrated at that time, because of the gentlemanly position of late Aminu Kano, and the fact that PRP at that time lost virtually all its strength as a result of that action. However, students of political history will still remember such action as a yardstick to undertake whatever negative action against his party provided he is trying to send a signal that all is not well with the party, just like Rimi and his followers did to Mallam Aminu Kano. The fact remains also that when we first came into being sometime in 1999 as All Peoples Party (APP) we faced serious challenges as a party that at the end forced us to go into alliances with the Alliance for Democracy (AD). If you remember, after that alliance, some people felt aggrieved and factionalised the party by way of remaining in the former APP. People like Yusuf Ali, Lema Jibril, Aruwa and many others. The alliance, because it was done based on flimsy excuses and under shoddy arrangements, could not last. Also, the then AD supported Olusegun Obasanjo candidature in 2003 despite the fact that APP presented General Muhammadu Buhari as its candidate after been drafted into politics. What I’m trying to say here is that the history of alliances in Nigeria is not new and did not in any way start with the APC. But what is new in this alliance is that people who just came into the merger were given more prominence than the actual card-carrying members of the legacy parties of the All Nigeria People’s Party (ANPP), Congress for Progressive Change (CPC) and Action Congress of Nigeria (ACN), and these groups are

THURSDAY, OCTOBER 16, 2014 NEW TELEGRAPH

Mairiga: Buhari can’t win APC primary election

Mairiga

no one’s but the governors. You see, when we were coming into the alliance to form APC, there was huge struggle by all the parties and their members, everybody fully participated in ensuring the merger worked and is sustained; we were made to agree and dropped the membership cards of all our parties, we were subjected to new rules all in the name of making Nigeria great, by having a viable opposition party that will stand against the Peoples Democratic Party (PDP). And indeed the merger worked. We formed the APC and everything was moving smoothly, not until the founding leaders of the merger saw an opportunity in the break-away PDP governors who formed the Kawu Baraje-led G7 PDP faction. We all welcomed the idea that if the PDP rejected seven governors why don’t we use the chance to grab them. Yes, we did and they decamped to our newly formed mega party. And don’t forget that all of those governors that came into our party did so under no platform but as rival governors from PDP. But despite that APC in its almighty selfish resolution, ratified that the governors that defected are the leaders of the party in all their states. We as followers agreed that as governors they should be. Some leaders like Mallam Ibrahim Shekarau and others said no, and they later left the party. I and many others from the legacy party said no way, we can’t go to PDP after all that the party did to Nigeria and the citizenry; we chose to remain in the APC and follow the governors in our states.

Buhari is going to test the might of the likes of Atiku and others. And to be candid, I don’t see him winning the primary elections because these guys are wolves, and if he fails, APC should forget Nigeria. That is the dilemma we are in

For example in Kano, we stood behind Rabiu Kwankwaso as the leader of the party, we obeyed him and did everything he so wished, but what happened? First, when the congresses of the party came, Kwankwaso instead of allowing internal party democracy he made sure that only his Kwankawsiyya followers were selected as leaders of the party from wards, local governments and state levels. But the secretary of the APC now is from former ANPP? Are you talking about Rabiu Bako, he is among those that have benefitted from the government of Mallam Shekarau, but he still betrayed him. He went away to APC, even during the caretaker committee. Don’t forget he was given State Youth Leader of the party and he still schemed his way to becoming secretary of the party. So, don’t even talk about that guy. What is your take on the ambition of APC presidential aspirants, especially your governor, Kwankwaso? My greatest concern is that we came into the merger from a political party dropping our membership card. But the likes of Kwankwaso, they all came into the party from nowhere. They can’t say they came from PDP because PDP is still intact, they came with an association in the name of Kwankawsiyya, and our expectations was that since they came into the new merger, they should drop any tag just like we did; they cannot be calling themselves APC/Kwankawsiyya, because we are not calling ourselves

APC/ANPP or APC/CPC as the case may be. That is one of the problems we have today and that is what is killing the party, not only in Kano but in Nigeria. Now to the question of the presidency and the many aspirants we have in the contest. This is something that is also disturbing, because there is no way Kwankwaso, Atiku Abubakar and Rocha Okorocha can handle Buhari who is more competent and has acceptability. The problem here is that I don’t see either of these guys allowing Buhari, who has never contested primary in his presidential bid, win the party ticket. And if he fails, then we bid the party farewell because certainly President Goodluck Jonathan will simply have his way, for the fact that many of Buhari’s followers will not vote for APC. You see, in 2003 when Buhari contested under APP, he did so against the likes of late Lema Jibril, Aruwa and some others, but some bigwigs in Nigerian politics and indeed many that were not politicians went begging and convincing all those that contested alongside Buhari to withdraw for him and they did. So also in 2007 the same thing happened, and in 2011, of course Buhari had his way because his contest was purely under a party – CPC – he singlehandedly formed; and there was no way that party could field anybody but Buhari. But now the contest is for real; Buhari is going to test the might of the likes of Atiku and others. And to be candid, I don’t see him winning the primary elections because these guys are wolves, and if he fails, APC should forget Nigeria. That is the dilemma we are in. And the big question that still begs my imagination is why is Kwankwaso insisting he wants to contest despite the fact that he knew Buhari is more popular than him. So, something is fishy. How about the faction you have created in Kano? You see, the faction we created was because of what I itemized for you that have been done to us by the government of Kwankwaso. He made sure that all those that are in the leadership of the APC in Kano today are of Kwankawsiyya extraction, and we did all we could to make even the national office of our party see reasons, and call him to order, but because they asked him to finance the party in Jigawa, Bauchi and Gombe that is why they can’t question him. Today as it is, we also have our structure from wards to local government and the state; we have elected leadership that are overseeing the affairs of our faction. We have written to all the security agencies, Independent National Electoral Commission (INEC) and even the national headquarters of the party, and we will see how we will be checkmated.

Politics | Interview 17

NEW TELEGRAPH THURSDAY, OCTOBER 16, 2014

How prepared is your party, the Labour Party for the 2015 election in Delta State? There is no doubt that we are on ground in Delta State, because if you look at previous elections, you’ll see the impact we made in the state. We had a senator; we had a member in the House of Representatives, we had up to 11 members in the State House of Assembly out of the 29 members. So, that should tell you that we are no pushover as far as Delta State is concerned. And if not for the kind of rigging that has been going on here, we’ve won the governorship before. But I’m assuring you that we are seriously getting ready for the 2015 elections. Everything has been put in place to ensure that in 2015 we are not rigged out, because we won’t allow that again; we are making sure that we put our entire arsenal in place to make sure that we checkmate them. And by the grace of God we’ll come out victorious. But considering the incumbency issue, and the resources available to the ruling Peoples Democratic Party (PDP), do you think you can withstand them? It’s not far-fetched, we have contested at least three gubernatorial elections in this state, and I’m sure that we won all of them, if not for rigging. So, eventually their money does not make any sense, because it’s not about the money, but what you have been able to showcase. If PDP is popular in Delta State, then let them forget about rigging. Let them come out with the electoral materials for all to see and vote. You’ll see that PDP will be voted out immediately. There’s no two ways about it. So, it is not about money, but what the people want. PDP has performed below expectation in the state, because if you look at the kind of money that flows into the state, there is nothing to show for it. If it rains in Asaba, the state capital, you can hardly move, even the State House of Assembly complex, or the Government House itself, you cannot drive in. There’s nothing to show for the over 15 years that the PDP has been in power in Delta State, and Deltans are yearning seriously for a change. So, money or no money, we’ll at least match them for whatever it is. If it comes to issue of money, I’m sure we have what it takes to equal them like we’ve done in the past. And what is your assessment of the Emmanuel Uduaghan administration in the state? Each time I criticise I do it constructively. As far as I’m concerned, there is nothing on ground that tells you as per the revenue that comes into this state. Look at Edo State that is our close neighbour; look at what is happening there. You can’t even equate our revenue here with that of Edo State, but they are better off. Look at Akwa Ibom, if you go there, you’ll think you are not in Nigeria. But in Delta State there is nothing to show. If you listen to the government, they’ll tell you that Asaba is the fastest

nance, I think he should be applauded. Secondly, all the elections conducted in the state, he has always won all of them to a point where, as soon as the PDP perceive that he is winning, they call off the results, and as soon as they return they just announce anything. He is not a foolish man; if he knows he’s not wanted, he would not continue to waste his money, but he knows he has been winning the elections. I assure you that if a credible election is conducted, Ogboru will definitely win Delta State. I’m sending this message to the riggers, and election result writers; that this time around, it is not going to be business as usual; they won’t have any breathing space to write results, or rig the elections.

Ezeagwu

PDP has failed Delta, says LP chairman Chief Tony Ezeagwu is the chairman of the Labour Party (LP) in Delta State. In this interview with ETAGHENE EDIRIN, he says the party is poised to wrest power from the Peoples Democratic Party (PDP) in the state in 2015. Excerpts:

growing capital in Nigeria. But if you come to Asaba physically, there’s nothing to prove that it is the fastest growing capital. All you see is the individual efforts of people, like houses and banks. We don’t have roads, no drainages. Asaba is a stone’s throw from the River Niger, so it is not supposed to hold a drop of water. But today if it rains, most people can’t go out with their cars. They fold up their trousers and trek to their destinations. Eventually I can’t see any sector in which I can score them as having done creditably. If you are given N10, and it is properly utilised, people can clap for you. But if you are given a N100, and you are unable to do what the man given N10 has done, will there be any applause there? No. In the last eight years, all the people needed were light and water. Even if the state is not the one to provide them, they can assist authorities responsible to make sure light gets to the people in their homes. If you talk about water, you can’t go anywhere in Delta State and see a public tap running. There’s nowhere you’ll go in the state and see good roads all over with street lights. What they do is go to a street that formerly has street lights, instead of refurbishing it; they uproot it, and replace it with the same thing. That is economic waste. So, as far as we are concerned, they have not done tangibly well. Recently your party merged with

There’s nothing to show for the over 15 years that the PDP has been in power in Delta State, and Deltans are yearning seriously for a change. So, money or no money, we’ll at least match them for whatever it is

the Chief Great Ogboru faction of the Democratic Peoples Party (DPP). How has the merger fared so far? The merger has fared very well because we’ve been able to do our congresses at the ward and local government levels, with only that of state remaining, and the party is waxing stronger, because if DPP was not strong and on ground in the state, their merging with Labour would have been meaningless. But at the end of the day, because DPP has been strongly on ground, it has helped my party to blow up, and the LP is strongly on ground now in every ward and local government. I think we are doing very well. But Ogboru has been described as a politician whose popularity is being overrated, given that he has been unable to win the governorship, having contested a number of times. It is quite unfortunate that people don’t see beyond where they stand. If you talk about opposition in Delta State, it is all about Ogboru; we don’t talk about those who leave PDP, do a bit of abracadabra, and at the end of it all return to PDP. It’s only Ogboru that has been stable in opposition. And this man has never worked in government; he has never done government contract, and so has never embezzled government money. He has been using his personal funds. If a man is sacrificing his personal resources to see that Delta State gets good gover-

What is your assessment of the Goodluck Jonathan administration? I think the Jonathan administration has done very well. Go to our airports around the country, look at our roads; it has never been so good. Go to the North, you’ll see that Jonathan is trying to phase out almajiris, which was not even done when the northerners were ruling. But today Jonathan is building qualitative schools for the almajiris, which means in no distant time we’ll be able to phase out those that serve as recruiting grounds for these Boko Haram types of groups. I think he should be applauded. What is your view on the insurgency issue in the country? It has been worrisome, but it did not start in the Jonathan administration. Remember there was Maitasine at one time. The issue is that we will always find a way out of it, and that is why this government has been using every channel available to see that it is put to an end. There is nowhere you don’t find crisis. If you go to the western world, or the Arab regions there are crises. So, it is a worldwide thing, and it should not be used to rate the government, it happens everywhere, it has nothing to do with governance. The government has equally done well by confining them to a particular spot. If they were that strong, they would have overran the northern states, and moved further. That shows that government is not sleeping over the issue. How do you see the scandal involving monies allegedly belonging to Nigeria being seized by the South African government? If you interact with military or security personnel, you’ll discover that there are some arms and ammunition that they will not allow you get. So, if you try to push the money officially, they will not allow you get them. That is what is happening. I don’t believe in escalating issues. We need to first find out if the government is telling the truth, because they say it is for the good of Nigeria. But because we are in a political era, where one man is always trying to undo the order, so whatever happens, someone picks it up and makes it look as if it’s a big deal.

THURSDAY, OCTOBER 16, 2014 NEW TELEGRAPH

Opinion

Integration committee, Rivers State and 2015

Prince Eric Tolofari

he starting point is to duly acknowledge the profound sense of duty by the leadership of the Peoples Democratic Party by setting up the various zonal integration committees as a basis for unity as we coast to the 2015 general elections. This implies that the national leadership of the party appreciates the fact that all is not well with the essential formations of the PDP at different centres and which if not properly managed could be a disaster waiting to happen during the elections. Thus the basic task of the committees is troubleshooting and expectedly arrive at a reasonable end in terms of reconciling the contending forces in each state that constitute the six geo-political zones. Now that the committees have been to their various zones and interacted with the stakeholders and indeed the generality of members of the party, they will be turning in their reports which are also expected to be well informed by their first hand experiences and convictions on the issues in the respective states and zones. What will count here though is the quality of such reports informed by the underlining objectives of their assignments.The basic consideration being the absolute need for truth and objectivity and ensuring that the critical factors of justice, fairness and equity prevail, no matter the persuasion to toe a contrary line. This point is very important because of the tendency, going by experience, for such reports to be influenced not by any realistic steps to resolution of issues but by the whims and caprices of the political elite as a matter of political expediency. This is the current concern as all members of our great party wait to see the outcome of these committees. For us in Rivers State, the high expectation is to see a report that truly reflects the yearnings and aspirations of the people on the basic and irreducible call for fairness, equity and justice. The issues are well known--- mainly on the composition and status of the Felix Obuah-led state executive and how his leadership affects the unity and cohesion of the party in the state and of course the unbridled jostling by the Minister of State for Education, Chief Nyesom Wike, for the governorship ticket of the

party in the 2015 elections. As the respected Professor Iya Abubakar-.led South South Committee must have noted, the existence of the Grassroots Development Initiative (GDI) being heavily financed by Chief Wike is nothing but an illegal grouping which we must admit has now been substituted as the organ of the party, PDP, in Rivers State. It is a fact that no one can do anything meaningful as a member of the PDP today in Rivers State without belonging to the GDI but this shouldn’t be so. The GDI, it should be understood, is anomalous to the PDP Constitution and should never take over the essential functions of the party as it is currently configured as a strategy to manipulate the system for whatever political gain by the minister using his cronies to mastermind all forms of shenanigans alien to democracy. And this is even a different matter altogether when we duly look at the illegality of the Obuh-led state executive which has effectively become a disincentive to the party’s growth and development The circumstances surrounding its emergence remain suspect in the eye of law. The other leg of the issue which must be of major interest to the committee is the governorship ambition of Chief Nyesom Wike which is forcefully tearing apart the PDP in Rivers State. Ordinarily this shouldn’t be an issue because as a Nigerian he has the inalienable right to contest election at any level. However, in the context of his current interest, he is playing a dangerous game that is not only a major threat to the collective interest of the party but also one that can hardly be rrealised. But like all professional politicians, nothing is impossible even if it is actually not realistic. The foundation of the matter is nothing but the time tested rotational governorship in Rivers State. It is an historical arrangement that had worked and will continue to work though to the extent that we do not allow our selfish and unjustifiable inclination as political opportunists to rock the boat. In the three senatorial districts, namely, West, East and South East, only South East is yet to produce a governor in the state. Rivers East and West Senatorial districts have produced four former governors :Dr. Peter Odili, Chief Rufus Ada George, Sir Celestine Omehia and the incumbent, Rotimi Amaechi, who vacates office in 2015. So it is only the Rivers South East left to take its rightful place in the Rivers Commonwealth and by the

grace of God this will materialise in 2015. This is the reality except those who still believe in political abracadabra but which will not work no matter the scheming particularly on the huge influence of money now reportedly making the rounds in Rivers State. This is the setting which was loudly tabled before the committee which for obvious reasons chose to sit in Abuja and the dynamics of which the committee is believed to be conversant with because the people concerned had made their views known while the sitting of the committee lasted. More telling, still, is the inescapable reference to the unfortunate action of Chief Wike at the Legacy House venue on that maiden outing of the committee which underscored the danger ahead. As widely reported, thugs allegedly loyal to Chief Wike were brought to the venue who beat up PDP leaders and members because they dared to object to the minister’s purported immoral aspiration. Not even the journalists who came to cover such an important event were spared as they had a bitter story to tell beyond the beatings and destruction of their equipment. Even in a democracy! Moving forward, therefore, the general expectation is for the honorable committee to do the needful by siding with the people as a matter of political reality,whose interest is intrinsically tied to the larger interest of our great party and by extension that of President Goodluck Jonathan’s re-election. It is important to state that it is easy for an individual to claim to be the best material for PDP governorship in Rivers State but the reality is that it is the people who will ultimately decide the votes at the general elections. Pointedly, Chief Wike cannot deliver Rivers State to the PDP because if he’s foisted on the people in the next election, the party could be embarrassed by the expected action of the people particularly those who may feel cheated on account of politics of exclusion. Interestingly one more point which stands strongly against Chief Wike is the fact that he’s a polarizing political figure today in Rivers State both within the PDP and the society at large. This does not mean that he is still not relevant but only that he won’t be an acceptable and sellable candidate in a general election. • Prince Tolofari wrote from Port Harcourt.

Prof Is-haq Oloyede: A colossus at 60 Mahfouz A. Adedimeji

ixty years ago, a star was born into the world in Abeokuta, Ogun State. Though some were born with silver spoons in their mouths, the baby boy, Is-haq Olanrewaju Oloyede, was not born with any spoon whatsoever; it was just an ordinary birth. But by dint of “dedication, hard work and an unremitting devotion to the things you want to see happen”, three qualities that Frank Lloyd Wright said constitute the price of success, that baby of October 10, 1954 has today attained reckoning as a world-class achiever. The colossus is 60! What better way of crowning an eventful 60-year sojourn so far than his conferment with the prestigious Officer of the Federal Republic (OFR) award while in Saudi Arabia for Hajj by President Goodluck Jonathan two weeks ago! Born to the family of a Chief Imam, Is-haq Olanrewaju Oloyede started his formal education at Ta’limul Islam Ahmadiya Primary School in 1961 after which he proceeded to Progress Institute, Agege, in 1969 where he bagged his First School Leaving Certificate with Distinction. He advanced his training as a religious scholar at the famous Arabic Training Centre (Markaz) between 1973 and 1976. His zeal for further education later took him to the University of Ibadan, where he bagged a Certificate in Arabic and Islamic Studies. The young Oloyede’s passion for higher academic attainments brought him to

the University of Ilorin in 1978 where his destiny would be sealed. Based on his jaw-dropping academic performance in the first year at UNILORIN, the icon enjoyed the sponsorship of the University as a “University Scholar” throughout his entire undergraduate programme. He graduated with a First Class degree in 1981. Knowing his talents, the University of Ilorin immediately recruited him as an Assistant Lecturer. He would later obtain his Master of Arts and Doctor of Philosophy from the same University in 1985 and 1991 respectively. Prof. Oloyede is a prodigy and indeed a case study in hard work, diligence, tenacity, probity, character, discipline, transparent honesty and unimpeachable integrity. A quintessence of excellence in all its ramifications, the Nigerian university system has probably not produced anyone who has traversed the global university management system like him. I have searched and researched but I have not found another Nigerian professor who was a Director of Academic Planning, Deputy Vice-Chancellor (separately of Academic and Administration), Vice-Chancellor, Chairman of the Association of Vice-Chancellors of Nigerian Universities (AVCNU), Committee of Vice-Chancellors (CVC), President of the Association of African Universities (AAU), Board Member of the Association of Commonwealth Universities (ACU) and Board Member of the International

Association of Universities (IAU). Under his transformational leadership, the University of Ilorin did not only become a household name in Nigeria, it effectively became the face of the Nigerian universities abroad with several world universities jostling for collaboration with the University. It was under his astute leadership that a Nigerian university was ever first ranked among the best 20 in Africa as done by the Ranking Web of Universities (www.webometrics.info) in 2011. Though well known as a devout Muslim, Prof. Oloyede is renowned for justice in dealing with people. Ethnic sentiments have no meaning to him while religious affiliation is never sacrificed for merit. For most part of his tenure, all his Principal Officers were Christians. He loathes dishonesty and has zero tolerance for shoddiness. He is an epitome of all the qualities you would expect of a true leader, an icon of efficiency and effectiveness. That the University of Ilorin has continued to soar after his tenure is also attributed to his pace-setting performance. In his first address as Vice-Chancellor, delivered on October 15, 2012, Prof. Abdul Ganiyu Ambali (OON), one of the three Vice-Chancellors recently honoured by President Goodluck Jonathan, lauded his predecessor “who anywhere and by whatever standard is an outstanding achiever.” Among several fellowships, Prof. Oloyede is a Fellow, Islamic Academy of Cambridge; Fellow, Academy of Religion;

Fellow, Society for Peace Studies and Practice; Fellow, Academy for Entrepreneurial Studies; Fellow, Nigerian Institute of Management; and Fellow, Nigerian Academy of Letters. A high-octane intellectual, prolific writer and accomplished scholar whose expertise is often sought by various national and international bodies, Prof. Oloyede has written, co-written and co-edited hundreds of essays, articles and books that are indispensable to students and scholars of Religion, Islamic Studies and Jurisprudence across the world. Apart from his academic exploits as a University man, Prof. Oloyede is one of the pillars holding this country together as a bridge-builder and a man of peace. Since he became the Executive Secretary of the Nigeria Inter-religious Council (NIREC) in 2007, he has worked with several religious leaders of this country to promote peaceful co-existence both before and behind the scene. He is a friend to credible and respected Christian leaders all over the country, not those who exploit religion to preach hate and commit earth-shaking crimes. Boss, as you clock the diamond age, which I know to you is just like any other day, I wish you continuous divine guidance and protection always! Wa lal aakhiratu khayrun laka minal ‘uula. •Dr Adedimeji is the Director, Centre for Peace and Strategic Studies, University of Ilorin.

NEW TELEGRAPH THURSDAY, OCTOBER 16, 2014

EDITORIAL

Our VISION To build a newspaper organisation anchored on the sanctity of truth.

Three things cannot be long hidden: the sun, the moon and the truth – Buddha

Sanctity of Truth

Our MISSION To publish a newspaper of superior value, upholding the fundamental ethics of journalism: balanced reporting, fairness, accuracy and objectivity.

Nigeria’s most authoritative newspaper in politics and business

The fight against poverty

hile the World Bank Group is busy mobilising resources to achieve its twin goals of ending extreme poverty by 2030 and promoting shared prosperity, measured as income growth of the bottom 40 per cent in developing countries, it will also sadly worry that Nigeria would be among the world’s top ten contributors to global poverty numbers by that year. It means that rather than celebrate victory over extreme poverty and vestiges of its negative trends, the opposite will more likely be the case in Nigeria, which is estimated to contribute some 61.5 million poor people to the global pool projected at 412 million in 2030. In its recently released flagship report tagged Global Monitoring Report (GMR) 2014/2015, the World Bank said the situation required that growth rates must rise. The report further stated that the envisaged growth rate in the country must pick up from 2.3 to 3.2 per cent growth in real terms. The GMR 2014/2015 continues to monitor progress on the Millennium Development Goals, which inspired the WBG’s twin goals adopted by the World Bank in April last year. Much more work needs to be done to end poverty and close the gap in living standards between those in the bottom 40 per cent and the top 60 per cent of the population around the world, according to the World Bank.

“The world has made great progress in the last quarter-century in reducing extreme poverty – it was cut by a stunning two-thirds, and now we have the opportunity to end poverty in less than a generation. But we will not finish the job unless we find ways to reduce inequality, which stubbornly persists all over the world. This vision of a more equal world means we must find ways to spread wealth to the billions who have almost nothing,” said World Bank Group President to underscore the WBG’s position. Although the report acknowledges that much success has already been achieved in reducing extreme poverty, especially as it relates to those living on less than a $1.25 a day, it is irritating, deplorable, and bizarre that the number of poor people still remains unacceptably high, at just over 1 billion people (14 per cent of the world population) in 2011, compared with 1.2 billion (19 per cent of the world population) in 2008. More frustrating is the report’s forecasts that poverty will remain stubbornly high in the South Asia and Sub-Saharan Africa regions, where an estimated 377 million or 91.5 per cent of the world’s 412 million poor will likely reside in 2030. We frown at these gloomy forecasts and task our leaders, policy makers, economic managers and institutions involved in implementation and management of the country’s lush resources to see the

ugly development as a challenge that must be overcome through speedy and purposeful action and balanced focus supported by all. The dicey scenario if allowed to happen would cast a blur on all our long hyped and much flaunted high growth rates, which in any case, have hardly added up to significant development of the country after 54 years of independence. For this reason, we urge inclusive response in the steps towards building the necessary momentum to address the precarious projections and ensure that extreme poverty is drastically subdued in the country by the year 2030. What, indeed, will it take to end poverty and improve the lives of the poor? The GMR written jointly by the World Bank and the International Monetary Fund (IMF) with substantive inputs from the Organisation for Economic Co-operation and Development (OECD) says economic growth will prove paramount, but adds that we also need to ensure that all members of society share in the benefits of that growth beyond growth itself. From the flagship report jointly signed by Jim Yong Kim, President, The World Bank Group, and Christine Lagarde, Managing Director International Monetary Fund, it is imperative that initiatives aimed to accelerate poverty reduction and job creation will need to pay special attention to the policies needed to ensure that the benefits of growth

impact on the poorer segments of society at all stages of a country’s development beyond the spheres of economic growth. The report focuses on three elements needed to make growth inclusive and sustainable: greater investment in human capital, judicious use of safety nets, and steps to make development efforts environmentally sustainable. We share the position of the WBG that these three elements are imperative to all countries’ development strategies, and are also fundamental to global efforts to achieve the twin goals, the MDGs, and the Sustainable Development Goals that will succeed them. We strongly believe that it is possible to stem the tide of massive poverty in the country, given its huge resources. If necessary institutions are built and strengthened, resources are efficiently managed and effectively deployed, infrastructural gaps are bridged, endemic corruption is visibly reduced, and entrepreneurs have access to finance without tears, prosperity rather than extreme poverty would almost certainly be a major issue in the land. When these combine seamlessly with a more conducive business environment, we can bet that the GMR estimates on the poverty situation in Nigeria would belong to the trash can by 2030. We demand that our leaders leave the World Bank disappointed that the estimates were not realized in the country in 2030.

Managing Director/Editor-in-Chief n Eric Osagie Deputy Managing Directors n Gabriel Akinadewo

Felix Oguejiofor Abugu

Managing Editor n Suleiman Uba Gaya

Editor, Daily n Yemi Ajayi

Editor, Saturday n Laurence Ani

Editor, Sunday n Emeka Madunagu

Deputy Editors, Daily n Emeka Obasi, Ayodele Ojo

Bureau Chief, Brussels n Leo Cendrowicz

Bureau Chief, Washington DC n Marshall Comins

Editorial Coordinator, Europe n Sam Amsterdam

Ag. Bureau Chief, Abuja n Onwuka Nzeshi News Editor n Geoffrey Ekenna

Business Development Manager n Taiwo Ahmed

Ag. Sales/Circulation Manager n Uchey Okezie

Head, Graphics n Timothy Akinleye

Head, Admin. n Robinson Ezeh

20 Politics | Interview Alhaji Lateef Raji is the Special Adviser on Information and Strategy to Lagos State Governor Babatunde Fashola. In this interview, he debunks reports on internal bickering within the All Progressives Congress (APC) over the 2015 elections, the allegation of diversion of state loans for personal and party use, among others. WALE ELEGBEDE reports The tenure of Governor Babtunde Fashola will come to an end in a couple of months. Do you think the All Progressives Congress (APC) is capable of recording victory at the polls, especially with the bickering within your party over his successor? The APC still remains the party of choice for Lagosians. The reason for this is simple. We set the pace of governance for the remaining 35 states and the Federal Government. Our financial stability was rated higher than the national. Under our party, Lagos is the first and best in all indices. We contribute more to the Gross Domestic Product (GDP) than any other state; we brought pride and dignity to the way Nigerians are seen in the wider world. Lagosians are very proud of this status, and would not exchange this for the failure these critiques in the PDP are known for. There is no bickering yet in our party. What we have is a healthy rivalry. What you are seeing is what makes the contest for political office interesting. We are united around the broom which is the symbol of our party. But, do you foresee a situation where members of the APC especially in Lagos will defect en masse if the right candidate is not presented? I doubt the idea of mass defection from the APC due to what I said earlier. The leadership of the party is working on a system that would guarantee fair play and level playing field for all aspirants. So, why would there be mass defection? It won’t happen. The Peoples Democratic Party (PDP) re-

THURSDAY, OCTOBER 16, 2014 NEW TELEGRAPH

No crisis over Fashola’s successor, says Raji government of inflating cost of projects. How true is this? Again, that is another wild allegation that cannot be substantiated. Ordinarily, we would not respond to this, but since they have continued to exhibit this high level ignorance, we would not stop educating them on acceptable best practices which have been the hallmark of this administration. No two projects with the same design at two different states would ever attract the same price. You cannot expect the construction of 1km of a road in the Niger Delta area to be the same price with what obtains in some parts of Northern Nigeria. Simply because the terrain and topography are different. Lagos is one meter below sea level, and to construct; it requires more pilings than other states who are on higher grounds. And, come to think of it, all governments in Nigeria, including the Federal Government use a pool of the same contractor for their projects execution. That argument is only fit for the beer parlour.

Raji

cently alleged that the Lagos State Government has converted state loans for personal and party use. What is your take on this? That is a position that is not supported by any shred of reasoning or evidence. Lagosians cannot be taken on such a cheap ride. What the loans were taken for are evident everywhere you turn to in Lagos. I can go on and on but the loan is meant to develop Lagos State. Was there a need for the loan in the first place? When you consider the volume of the essay on the infrastructure deficit in the state, you would agree that there is need to approach the financial market for funds to bridge the gap. I know that saying this alone would not satisfy you, but let me put it this way. Out there, the impression is that Lagos State makes so much money from its Internally Generated Revenue

(IGR) and does not need any external loan to fund its programmes. But, let us put things into perspective. Assuming Lagos realises N30 billion monthly with over 21 million people to cater for, divide that figure and let’s find out the share per head. Taking the result, would the ratio accruable to each resident be sufficient for each one of us to provide security, water, bridges, healthcare services, schools, roads, traffic light, dispose refuse? By and large, the essence of borrowing is to address infrastructure deficit and the way to go about it is to approach institutions that have enough money in their pool. What Lagos has done is to look for the best alternative that offers a low pay back rate. The loan collectively matures at different times. Also, the opposition accused the APC-led

What informed your resolve to aspire for the House of Representatives seat? You will recollect that I contested for this position in 2011 but was advised to step down for the incumbent to run a second term. The idea of a representative is one that is hinged on personal efforts and disposition to issues. I want to use my representation to address problems in my constituency, promote general welfare, and ensure the development of the people and residents of Oshodi/Isolo Federal Constituency 1. Would you say the House has lived up to the expectations of Nigerians? Well, there is always room for improvement. Whatever gains or deficits that have been recorded, I believe there is still room for improvement. For me, I believe there are some issues that have national implications that were not properly handled by the House of Representatives. Equally, there are some things the House has done that are beneficial to the people. There is room for improvement.

Suswam: I almost lost my re-election for not sharing money C O N T I N U E D F R O M PA G E 1 3

I have built that water project from the scratch and it is there for reticulation. I said I will build a water project in Otukpo, I have successfully done so. Ditto for Katsina Ala. I have also put up a befitting Government House so that a governor can at least sleep and wake up to think properly. I have also done very well in the area of security. We don’t have a situation where we are fighting on a war front with our neighbours in Nasarawa, Taraba, Kogi, Cross River and Ebonyi. So, I might not have been very satisfied that I have achieved completely what I wanted but there is a paradigm shift. Now there is a solid foundation which can be used to judge others. School infrastructures were very dilapidated but we have fixed them. I have shown Benue people that government

can make a difference. So, if a new governor comes and does not build on what I have put in place, then you will know there is a problem. So, what have been your challenges in office? Well, my greatest challenges have been that of money and people who will be destructive no matter the efforts. You know, no one person can do everything at the same time. But the challenges of funding has been there. I never complained when there was money. Now, we are talking about salaries and now the monies to apply on these projects are no longer there and when you are paying salaries, everything will decay and collapse. The rural economy has greatly improved and this was made possible by the electricity and rural roads we did. So, I will say I have tried from where we are

I almost lost my re-election because they (opposition) said I was not sharing money. There is no part of Benue that you will go that there are no rural roads or electricity. These are things people never believed could be done

coming but because of the challenges of funding, we have been unable to reach our targets. Again, the bad attitude, look at our streetlights which was meant to beautify the city especially at night as well provide security. Do you know that people were screwing them and dropping them? Those are not my lights. It is meant to improve the security situation. That is the kind of negative attitude we have. Just because you don’t like me and I win election, you think the lights don’t belong to Benue but they are Suswam’s light so let’s destroy it. So, we have moved and I’m happy that our attitude is changing. How about security challenges? On the issue of security, this has continued to be a challenge. Recently, a group of Fulani boys raped two girls of about 14 and 18 and the one that survived is

19 years old. They raped the two and killed them. One escaped with machete cuts. Now, the young man I put as the chairman of the task force among the Fulani was able to trace and arrest one of them with about 200 cows. We brought the Fulani chap here. He is insisting that he was alone but the girl who escaped say they were three. There wasn’t any land in dispute so why would they rape two girls and kill them. We have another instance where Fulani went and burn down houses in Gboko unprovoked. I’m beginning to think that there is another agenda other than what we know about. Otherwise, I have done everything that is humanly possible to make sure between us and Fulani as friends, we live in peace, but there are some criminal minded ones who are bent on ensuring that we must be thrown into crisis.

NEW TELEGRAPH THURSDAY, OCTOBER 16, 2014

Interview

Jurist

Article

Onadeko: We don’t recognise NOUN law graduates

‘Why INEC cannot move against defected lawmakers, govs’

Judgement, sentencing and appeals in criminal matters in Nigeria

23&25

Law

Ananaba, Nwobike, Ogunye, Akanbi differ on Ekiti crisis Barely forty-eight hours after the nation’s highest judicial bodythe National Judicial Council (NJC) insisted that courts must hold sittings in Ekiti state, another battle line appeared drawn. Reason: A coalition of civil society/ human rights groups made of Ekiti indigenes want the Chief Judge, Justice Ayodeji Daramola tried for an alleged breach of Sections 34, 40 and 42 of the 1999 Constitution, write FOLUSO OGUNMODEDE, TUNDE OYESINA, AKEEM NAFIU and APPOLOS CHRISTIAN

FOLUSO OGUNMODEDE JUDICIARY Editor

foluso.ogunmodede@ newtelegraphonline.com

Ananaba, SAN

id the Ekiti Chief Judge, Justice Ayodeji Daramola breach any Sections of the 1999 Constitution when he allegedly referred to those behind the September 22 and 25 attacks on the courts and some judges as hoodlums and thugs? Can a law abiding citizens desecrate the temple of justice? These are some of the questions contained in a petition wired to the National Human Rights Commission (NHRC) by some indigenes of the state under the aegis of the civil society and human rights groups. The groups are asking the commission to indict the Chief Judge for describing the perpetrators of the attacks carried-out on judges and the disruption of proceedings at the election petitions tribunal in Ado-Ekiti, the Ekiti State capital on September 22 and 25 as thugs. Specifically, the groups in the petition endorsed by their Secretary, Comrade Aderemi Olaleye, accused Justice Daramola of violating the rights of ‘law abiding

Nwobike, SAN

Ekiti state citizens as contained under Sections 34, 40 and 42 of the 1999 Constitution. Besides, they are asking the NHRC to try the Chief Judge over an alleged breach of the citizens’ rights to fair hearing by indicting the people without first hearing their own side of the story. Their grouse: “Justice Daramola chose to further amplify the positions of Justice John Adeyeye by writing petition against the Governor-elect, Mr. Ayodele Fayose and othe innocent Ekiti people, insinuating that they were thugs and that they were led by the Ekiti Governor –elect to disrupt court activities and attack judges. “It is important to state that the Chief Judge did not hear from either the Governor-elect or other persons he indicted in his petition; thus breaching the constitutional rights to fair hearing, and also lending credence to the popular view held in the state that the Chief Judge hates the Governor-elect with passion and will do anything to destroy him”. Section 34 says: Every individ-

If those who committed the act have been promptly arrested and charged to court, nobody will come with insinuations that the Chief Judge has violated the constitution...

ual is entitled to respect for the dignity of his persons 40. Every person shall be entitled to assemble freely and associate with other persons, and in particular he may form or belong to any political party, trade union or any other association for the protection of his interest…and 42. (1) A citizen of Nigeria of a particular community, ethnic group, place of origin, sex, religion or political opinion shall not, by reason only that he is such a person. In other words, their rights to freedom from being discriminated against. Although lawyers say no one is above the law, they however differ on the culpability of the alleged breach of the contentions sections by the Ekiti Chief Judge. For instance, Mr. Paul Ananaba, a Senior Advocate said there was nothing unusual if Justice Daramola was put on trial if justice must be done to all parties. Ananaba said: “It is an allegation and everyone can make an allegation to the limit acceptable by the law. Having made this allegation just as the Chief Judge made his own petition which the NJC is investigating, they should also consider treating this one in order to bring out the truth for the good of everyone. “I am confident that those in the NJC have the wisdom to determine whether each of the petitions has enough weight to be entertained in the law court; whether the CJ violated the constitution or over steps his bound as the Chief Judge of the state; whether the event took place, who is responsible and what should be done? “However, people have rights in this country to go to court whatever the case may be, which is why we encourage people not to take laws into their hands. It is better that allegation as this is made to the appropriate authorities to look into it than to take laws into their hands. “Pertinently, I seize this opportunity to say loud and clear that it is very wrong for anyone to invade the temple of justice and harass judges whatever the reason may be. Judiciary is the hope of every one especially the common man for justice, so if someone will have the impetus to attack the court it is very despicable and disheartening. Judiciary is indeed the place of hope and its power should not be desecrated by anyone”. Ananaba was echoed by a law teacher, Professor Muhammed Akanbi, who simply said: let them go to court. CONTINUED ON PAGE 21

Law | News

THURSDAY, OCTOBER 16, 2014 NEW TELEGRAPH

Akanbi, others differ call for Ekiti CJ’s trial CONTINUED FROM PAGE 21

Akanbi went on: “Well, the beauty of democracy and the court system is that if you feel that you have been offended and you have a case to make, you can go to court. So, let them go to court and let the court interpret the constitution in respect to the offence they have taken against the utterances of the Chief Judge. “They have stated their opinion, believing that if the Chief Judge called them thugs then he has breached the law, so let them go to court to prove it, it is the right thing to do. But let them conduct themselves properly and allow the court to do its work. Personally, I don’t see the reason why they are accusing the Ekiti Chief Judge of being bias because for me; I don’t think the Chief Judge has done anything that shows that he is bias so far. In the first place, it is unlawful and an aberration for politicians and their followers to go and disrupt court proceedings. If a politician is in court with his followers, and it happens that his followers

are disturbing the court in anyway; the judge has the right to caution or dismiss them from the court premises. And howbeit, they have no right to attack the judge and doing that is a wrong response in all ramifications. And whoever they are, beating up a judge is not in the best interest of our democracy as judiciary is a very important arm of government, and trying to intimidate the judiciary is asking for anarchy. So, I am yet to see what the Chief Judge of Ekiti has done that warrants saying he is impartial or bias. When people disrupt court proceedings, what name best fit to call them than thugs. In fact not only in the court, anybody that constitutes nuisance anywhere especially violently is a thug. The question to ask is, was there a disruption of the court activities? Was a judge manhandled? Is good enough that the NJC is investigating the case, so trusting in the unbiased wisdom and work of the NJC towards revealing those behind the despicable act of attacking the temple of justice,

Prof. Akanbi

I pray them to be upright in all they will do because we cannot afford to have those who perpetrated this hideous act to go unpunished, thereby setting bad precedents”. To Mr. Jiti. Ogunye: ‘If those people who committed the act have been promptly arrested and charged to court, nobody will come with insinuations that the Chief Judge has violated the constitu-

tion by describing those hoodlums who invaded the court as thugs. Those who invaded the court are nothing but hoodlums, even worse than hoodlums. “I am personally violated that in my life time in my country, the court will be invaded and the judicial officers will be molested. So, what is the justification for that kind of barbaric action?’’.

In his own view, the immediate past chairman of the Nigerian Bar Association (NBA), Ikeja branch, Monday Ubani, said the Chief Judge as the administrative head of the judiciary in the state was right in his observation. “Was it not true that it was thugs and hoodlums that invaded the court? So, what are they saying, that is out of point? He asked. Ubani said: ‘I think they are trying to politicise the Ekiti incident and at the same time play politics with the judiciary. I think the judiciary should stay unattached and should not be dragged into any form of politics whatsoever’’. But a Senior Advocate of Nigeria (SAN), Dr. Joseph Nwobike differ, quarrying the involvement of the Chief Judge in the matter. Nwobike said: “The Chief Registrar as the Chief Administrative Officer of the state judiciary should have been the one directly involved and not the Chief Judge since the Chief Judge might still have the opportunity to determine the fate of the culprits one way or the other. ‘I am not too sure he will not excuse himself from any judicial process aimed at bringing those CONTINUED ON PAGE 22

Oyebode canvasses stiffer penalty for corruption offenders corruption

Law teacher, Professor Oyebode seeks punishment for corruption offenders if anticorruption must be won Foluso Ogunmodede

oremost law teacher, Professor Akin Oyebode has cautioned the nation on what he described as the unending corruption and impunity, saying unless punitive measure was taken, its effects on citizens’ freedoms and human rights would be endangered. Oyebode, who spoke at the annual National Management Conference of the Nigerian Institute of Management (NIM) in Effurun, Warri, said that these maladies, which had constituted grave consequences on the nation’s survival, must be countered by adequate measures. Oyebode said: “In a situation of threatened state failure, massive corruption, impunity and rising incidents of self-help, enlightened self-interest warrant recognition by

all concerned of veritable threats to individual freedom and national survival which need to be met by the adoption of requisite, well-considered measures to salvage the situation.” According to him, it was time the nation adopted the tested approach of “subjecting human conduct to the governance of rules” as originally advocated by Lon Fuller, if the war against corruption must be won. Although Oyebode agreed that law “is not a cure-all for the afflictions of the polity,” law, according to him “exercises considerable prophylactic and curative value or influence which can be harnessed to great profit in these precarious and troubled times. “It can be a soothing balm to frayed nerves and act as a catalyst to nationbuilding by arresting the traumatic challenges confronting the country”, he added. Speaking on “Building institutional capacities as a pathway to good governance: The importance of a legal and regulatory framework,” the university teacher, who was conferred with the fel-

of fake democrats masquerading as messiahs of the people’s cause. “To aver that the pre-

Prof. Oyebode

lowship of the Nigerian Institute of Management at the event, also warned that the destiny of the nation “must never be aban-

Nigeria’s destiny must not be abandoned at the whims and carprices of the enemies

doned to the whims and caprices of enemies of the open society and fidelity to law and due process.” Oyebode went on: “We all should recognize the necessity to subject all activities and actions under the superintendence of law, or else, we open

the flood-gates to chaos and disintegration. “Reliance on law in all things is the panacea to the multifarious problems confronting the polity and the earlier this fact is brought home to all concerned the better for the future of the fatherland.” “For far too long have our people been hoodwinked and shortchanged by all manner

ponderant majority of Nigerians endure manifold privation in terms of basic needs of life such as food, clothing, housing, health and education amounts to a gross understatement. This explains why the people look up to government to deliver them from poverty, ignorance, hunger, squalor and disease and other debilitating indices of their deplorable existence.” The law teacher, however, noted that the electorate had greater roles “to put the government on its toes by checking the excesses of those in power.” Specifically, he said that while the government must be responsible and accountable, the people “must be ready, willing and able to protest arbitrariness and misrule and ultimately kick out oppressive and ineffective governments,” adding that “a docile people who are amenable to dictatorial tendencies of those in power forfeit their rights to democracy and good governance.”

Law | Jurist

NEW TELEGRAPH THURSDAY, OCTOBER 16, 2014

‘Why INEC cannot move against defected lawmakers, govs’ He is the President, Voters Awareness Initiative (VAI) and rights activist. In this interview, Wale Ogunade speaks on AIG Mbu Joseph versus Journalist, the alleged breach of Sections 34, 40 and 42 of the 1999 Constitution by the Ekiti Chief Judge, Adamawa state’s politics and sundry issues. AKEEM NAFIU met him.

r Wale Ogunade, who heads the Voters Awareness Initiative (VAI), a nongovernmental organisation, is an alumnus of the Lagos State University. Ogunade reviewed a series of activities that dominated public discourse in the last few days, including the alleged arrest, detention and arraignment of a Journalist by the Assistant Inspector General of Police (AIG), Mbu Joseph and concluded that it was impossible for the police officer to eat his cake and have it. Besides, he examined Sections 34, 40 and 42 of the 1999 Constitution under which a group in Ekiti state has threatened to sue the state Chief Judge for allegedly referring to those that attacked lawyers and judges at the election petitions tribunal in the state as thugs. Although he agreed that the Chief Judge was not immune to litigation, Ogunade dared the group, saying nothing would come out of the planned action. On the Mbu’s arrest, detention and arraignment of the Abuja based Journalist, Mr. Amaechi Anekwe of Daar Communications Plc., over alleged defamation of character, Ogunade said the police officer ‘took his pranks too far’. He told New Telegraph this way: “The man took his prank too far and it is an unfortunate thing that the incident happened. For starters, yes, if a public officer is defamed, he can sue for defamation. Don’t forget that the journalist was not sued for defamation, he was charged for defamation. Defamation unfortunately is not a criminal offence, it is a civil matter. There are distinctions between all these things and of course, it goes to show their ignorance because it is an unfortunate thing that he took such a decision. “The fact that he is a policeman does not mean he should make the law, he is not a lawmaker but just a hand made of the law and he ought not to have taken the law into his hands thinking that he can turn the law around to his own advantage, it is not done anywhere. You say somebody has defamed you and you now went and arrestted the person, detained him and charged him

to a magistrate’s court that has no jurisdiction for such matters. A charge that cannot be sustained. It is not like you are making statement that can incite people against the state which is known as sedition but defamation is more of an injury to the personality of a person. Whether you are a public officer or not, you have a right to protect your reputation, that is if you have it. There is also of course, the principle of justification. If the journalist can justify what he meant by the police officer being controversial. I mean when a dictionary is opened and one of the police officer’s act or conduct falls into the meaning of controversial, then, the journalist is justified. Then, we can say it is a fair comment. The police officer’s reputation is still the same as known by everybody. Unfortunately, he swallowed the humble pie by withdrawing the case. I say unfortunately because I am expecting that the case will be used to test the law. All Mbu needed to do was for his lawyer to write Amaechi over the issue. In defamation, the erring party do an apology and pay for damages to the reputation of the person concerned. That is the punishment for defamation. No court will send anybody to jail for defamation because it is not a criminal offence. It is a civil offence and we call it tort. On the threats by a rights group that it was ready to take the Ekiti Chief Judge to cour for the alleged violation of Sections 34, 40 and 42, Oguanade simply said: “If they say that, it is for them to prove”. He went on: “The Chief Judge is not immune, they can sue him if they think that they are not thugs and whoever is saying this, I challenge him to sue the Chief Judge. What it means is that they have put their character into the arena. Ordinarily, people go to court and conduct themselves in a civil manner. In fact, the court is a serene environment where decorum rules. So, if it now comes to the issue of shouting, making noise, using cudgets, cutlasses and so on, I don’t know what you call that because the court room is not a motor park or a market place. So, if they said they are gentlemen and that they have come to

Ogunade

If the temple of justice is desecrated and the ministers in the temple of justice are treated shabilly, beaten up, slapped and disgraced, then, what is the hope of the common man?

court to pursue their matter but the Chief Judge labelled them as thugs and that it was the judge who now started slapping or beating them, they can take their case to court. We know the character of a judge, even if the judge is drunk, you will never see him misbehave. “You see, law and politics can never be mixed together. Law deals with facts, politics deals with fiction, they tell stories. As we are talking now, they will tell you they are transforming Nigeria and everything is working, that is politics. So, it is not about accusation and I challenge anybody that says the man accused them, all you need to do is to take your grievances to the court. That is how to do it in a civil manner. Don’t turn it into a pepper soup discussion or a market square issue or a road side discussion. “Section 40 of the 1999 Constitution talks about freedom of peaceful assembly and if they have a right to assemble peacefully, there is a proviso in Section 45. if you want to assemble, then, obviously not in the court room. Your freedom, there is a restriction and the Chief Judge as the protector has a right to ensure that the rules are fol-

lowed. I can’t say because there is freedom of movement or assembly, I will now come to your sitting room with a crowd and say we want to assemble there. There is a restriction either for public security or public order that is reasonably justified in a democratic setting. We can’t say because there is a public assembly and people will go to a place and cause mayhem, that is why we have Section 45 in the Constitution. So, if the Chief Judge in consonance with Section 45 decides to restrict or take steps to protect that environment, obviously, he is in order. Section 42 talks about freedom from discrimination. Obviously, somebody who is unruly will want to pollute a sane and a serene environment. You can’t say that such a person should be allowed to do whatever he wants and in facts Section 42 is an aberration of the whole thing. Going through that section, it is about discrimination about your person and personality from whatever benefits or rights that accrued to you. So, I don’t see the discrimination here. “Unfortunately, they are even lucky. Of course, we all know there is what is called contempt outside the court. So, the conduct of those people is contemptous. They are lucky that they got away with it. Ordinarily, if I were the Chief Judge, I will ensure that all of them are rounded up and sent to prison for contempt because it is within my power. We call it the inherent power of the judge and nobody, not even the NJC can question the judge for committing people to prison for contempt of court. Desecrating the temple of justice is a grievous offence because it is where everyone of us run to and that is where the hope of the common man is. That if my rights has been abused, if I suffer injustice, I will go to that place. “So, if the temple of justice is desecrated and the ministers in the temple of justice are treated shabilly, beaten up, slapped and disgraced, then, what is the hope of the common man? If injustice is now meted to the common man, where will he run to when injustice has been meted to people in the temple of justice? However, Ogunwale took a swipe at the politics of Adamawa State especially on the victory recorded by Mr. Bala Ngilari, Ogunade said Section 306 was clear on the matter. He said: “That one is a clear cut rule. Section 306 of the Constitution is clear on the issue. The section provides for resignation particularly for elective officers and if they want to resign, there is a procedure to follow. The Constitution is the CONTINUED ON PAGE 25

Law | Interview

Mr. Olanrewaju Onadeko is the Director-General (DG) of the Nigerian Law School. In this interview with TUNDE OYESINA, Onadeko speaks on the law programme being run at the National Open University of Nigeria (NOUN) and concluded that law graduates from the institution are not recognised by the Nigerian Law School. Besides, the DG bares his mind on the clamour by parents for the relocation or closure of Yola and Kano campuses of the institution on the grounds of the unending security challenge in the northeast. Some have called for the relocation or closure of the Yola and Kano campuses of the Law School because of insurgence, what is your take? We need to get to the basis. The Federal Government is responsible for security in Nigeria. There is no basis whatsoever to assume that the government would not alert the citizens if need be and that is what it has been doing in Adamawa State in particular, there is no dislocation of life or any form of social imbalance that has affected the society . There have been reports of activities of insurgents here and there in Adamawa in some fingered areas but generally speaking, life and properties are safe. I was there recently and everything is normal, likewise Kano. So really there is no reason for alarm. I have heard some parents expressing some anxiety, understandably so because every parent would naturally react whenever things like this happen but there is really no basis for thinking of closing our campuses or any relocation of students. In Yola the next door to us is the American University with which we share a fence and life is going on properly. What is the school doing about the security of the students and their lecturers? Of course, we are mindful of the reality of the security concern and we are doing our own probabilities to ensure that we safeguard as much as possible the life and property of our staff and students. Like what and what has been put in place? Right now we are almost completing the perimeter fencing of our Yola campus. We have introduced scanners and we are installing close circuit television cameras to monitor all those who come in through our gates in all campuses. These are safeguards. What we can do and which we are doing it is called “target hardening”. In addition, we have been in contact with the Chief of Defence Staff (CDS) and the Inspector General of Police (IGP) and they have been very responsive. They have provided us with good measure of security coverage in all our campuses. So, all is well so far, so good and there is no basis to close down the campuses. What happens in a situation when a student is caught-up on his way to the campus or out of the campus? You are supposed to prepare yourself to cope with eventualities in life. We have put in place so many measures as far as we can go and it is God that protects all of us. The most fortified places can be attacked by people seeking to attack. We advise our students to be very mindful of the environment and exhibit caution and weariness. Our students in all campuses especially in Kano and Yola should be very careful and be mindful of where

THURSDAY, OCTOBER 16, 2014 NEW TELEGRAPH

Onadeko: We don’t recognise NOUN law graduates and that has been an area of concern. Stakeholders complain about falling standard in ethics amongst our lawyers. The immediate NBA President Mr. Okey Wali, SAN would describe himself as the President during whose tenure there was the largest number of disbarment of lawyers, those who are struck off the list of lawyers for improper conduct after due process and that is ongoing. Now, every lawyer knows that if he steps out of line he is going to be sanctioned. To ensure that we have uniformity all round, we are in advanced discussion with the NICOMSAT to provide us with video conferencing facilities for our campuses with which we can reach all our campuses at the same time. So, if we are having a session in one campus say in Yola, other campuses will be linked as that presentation will be run simultaneously. The fellow speaking in Yola would be seen all over and students will form part of the interaction thereafter with him. So, rather than each campus doing it separately, all the students in all campuses would have met with him, albeit physical to some and not physical to others. We have access to great materials these days because of the information technology. Watching the judgment in the Oscar case in South Africa made me proud of our judges in Nigeria. I know the quality of judges we have and they are very good. Onadeko

they go to. They should avoid areas they are not used to. Do you share that lawmakers in the National Assembly deserve the award of the coveted Senior Advocate of Nigeria? Every lawyer has the right to aspire to any height and that is legitimate. The conferment of the rank of SAN is the exclusive preserve of the Legal Practitioners Privileges Committee (LPPC) and they have the ambit within which they work but I would not be able to say too much on that but it is the prerogative of the LPPC to decide. Some millions of naira was raised during the Law School’s 50th anniversary, how many projects have since been executed? The 50th anniversary planning committee has now transformed into a committee that would ensure the fulfillment of pledges and promises that were made. I am also a member. The committee oversees the implementation and redemption of pleadges. The committee is headed by Mr. Dele Oye. The Class of 86 made a pledge of building a complex at the Headquarters and we have realized a chunk of that and I believe that before this year ends that project should get going. Likewise, in other campuses, we have Kano and some redemption in Lagos. The renovation of the Sir Adetokunbo Ademola Hall is going on, in Enugu and Yenegoa. Of note is the fulfillment of a pledge made by the Katsina State Government at the Headquarters. There is a 250 bedroom hostel going on now, promised by the Katsina State government which has made good its promise. We are hopeful that the job would be completed next year. It is an on-going thing and further promises are coming up but we are doing well in that area. What are you doing to improve the quality of

The Nigerian Law School, the Body Of Benchers, Council of Legal Education and other stakeholders have determined that the study of law should be undertaking in a proper institutional setup

the students that graduate from the NLS? There has been concern expressed in many quarters about the quality of lawyers we turn out. One of the areas of concern of the management of the NLS and the Council of Legal Education (CLE) is to improve standard. Our mandate is to provide Bar vocational traininig for law graduates to enable them become legal practitioners and we believe that every legal practitioner produced by the NLS must possess sufficient lawyering skills and there are a number of things being done in the last eight months and more is still being done. I have no doubt that we are going to achieve success but you may not see it yet. It will take a year or so when our products start going out and now utilized that the end users and others will be able to appreciate the changes we are talking about. Ethics has been reintroduced as a full fledge subject and that is very key to our profession. A lawyer must acquaint himself well both in learning and character

Where do you see the legal profession in the next one decade? The future is very bright for the legal profession. Law graduates of today are better exposed than in our time. They have greater access to knowledge. If they apply themselves positively, the sky is the limit. I will advise that they should read. One of the things we discovered recently is that students don’t read. Many of them are interested in working narrowly to an answer, you need to read and it is affecting practice too. Many lawyers in Nigeria are already retraining themselves to fit well into practice and I will advise lawyers to engage in continuous legal education at home and abroad. I also want to encourage our Universities to do more in the area of communication skills for students before graduating. The use of English in the perfect way appears to be on the wane. What is the fate of NOUN law graduates? I mean, are they being admitted into Law School? The Nigerian Law School, the Body Of Benchers, Council of Legal Education and other stakeholders have determined that the study of law should be undertaking in a proper institutional setup to equip those studying law with both legal and moral skills necessary for practice of law and that is why they came up with this policy and it is communicated orally and it is on our portal and I believe NOUN was aware of this. Why it continued the course it is pursuing, I don’t know but certainly we don’t have recognition for the study of law outside those prescribed by the council and the Body of Benchers. You cannot study medicine, or engineering or Pharmacy by correspondence, the regulatory bodies of all professions determine how entrants can come into it and when those bodies set up by law have made the prescription I do not believe that such prescriptions should be faulted by any one, that is the position as of now.

Law | Jurist

NEW TELEGRAPH THURSDAY, OCTOBER 16, 2014

‘Why INEC cannot move against defected lawmakers, govs’ CONTINUED FROM PAGE 23

manual of the government and its procedures must be followed to the letter. That is why when they are sworn into offices, their oath of allegiance is that they will obey all the provisions of the constitution and institutions created by this constitution. “Also, there are institutions created by the constitution. There are some created in Section 6, that is the Judiciary, in Section 4, the Legislature and in Section 5, the Executive. Each one of them is creation of the constitution. Then, Section 153 created several other agencies and organisations of government. So, by virtue of that creation, there are procedures to follow. For the office of Governor, Sections 180 to 187 of the Constitution takes care of that. Then, if they want to resign, and everyone knows that in Nigeria for now, the Governor and his Deputy are elected on the same ticket. If anything happens to the Governor, the Deputy takes over and if unfortunately the two of them goes away, then, there will be a by-election to allow another person come in to complete their unexpired term. “Section 306(5) now states that for the office of Governor, if he wants to resign, he must tender his letter of resignation in his own handwriting not typed to the Speaker of the House of Assembly. Section 306(1) says any person that is appointed, elected or otherwise selected to any office established by this constitution may resign from that office by writing under his hand addressed to the authority or person with whom he was

appointed or elected. What happened in Adamawa is an attempt to mix politics and law, it can’t work and I believe the politicians and their parties have learnt their lessons. No doubt, what caused it was because Nyako jumped ship and the deputy, let me insinuate, was promised a soft landing and he submitted his resignation letter to Speaker of the House of Assembly and I belief this was done deliberately. Now, the Governor has been impeached and let me insinuate further that the Deputy Governor was not made the Governor as promised. Thank God that the man knows his right, because if he does not know his right, there will not have been an opportunity of testing those Sections of the constitution. The man went to court and here we are today. So, the constitution has been put to test and to God be the glory, the man is now the Governor of Adamawa State. On the $9.3m arms deal, Ogunade described it as a culture of impunity. His words: “To me, it is a culture of impunity but to them it is the way they do things. I know there is international trade and there are ways in which it is done. I know that you can wire money to any part of the world and goods are bought and sold either in the open market or in the black market. Look at the crude oil business, it is done in billions of dollars, do you see money being moved around? Is it not the wiring system that they use? “Don’t forget that there are laws made in Nigeria and South Africa restricting movement of money

Ogunade

It is a culture of impunity but to them it is the way they do things

of such magnitude. There is no country that will open its doors for people to bring money indiscriminately. There is a law that says if you want to go out, you disclose how much you are taking out, they flouted that because they are in power and authority. They could have even open diplomatic channels against the country that is receiving the money by saying we are bringing certain amount of money into your country and the issues will be discussed. Is it because we made South Africa to be independence, then, we can flout their law with impunity? If they have followed the procedure, there would not have been all these problems. Yes, I agreed that this is not the first time arms are procured all over but

this is what you get when procedures are not followed. Even countries that were sanctioned by the international community does not get involved in all these mess in the name of arms procurement. So, why is Nigeria case different? On why cost of governance is expensive in Nigeria, the activist lawyers said “the effect of all this is increased corruption and ‘paddy paddy’ government. He went on: “A few days ago, they say Jonathan is the 6th richest President in Africa and we know that Nigeria is a rich country and unfortunately, the President controls all the enormous wealth because by virtue of the constitution, he is the one that appoints almost all the officers

of government. Boards, Parastatals, Ministries, Departments and Agencies were all appointed by the President. They all have budgets and it is the President that controls the budget. He also appoints the Ministers, Directors-General and so on. “In fact, the only person he cannot appoint is God. So, why won’t he be wealthy. He controls the whole apparatus of government and they in turn pay obeisance to him. I was part of those who were involved in the International Foundation for Electoral Systems and we looked at the campaign activities and it was discovered that as at 2011, the least of the Presidential aspirant’s campaign cost about N2 billion. The way out of all these mess is the strengthening of the institutions in the totality of Nigeria. Even though there is a subsisting judgement that those who defected from one party to the other without any crisis in their party should loose their seats. We had expected that INEC should have triggered that process but everybody have gone to sleep because of corruption. What happened in Ondo State is another problem in the waiting. They are trying to use politics to cover the face of the law and unfortunately, the law is an unruly horse. So, the solution Nigeria’s problem is the law. As I am talking to you now, the laws we have are the 1914 laws which can not take us anywhere in this modern day and age. In South Korea, they have laws that helps settle litigations within two weeks. For you to confirm that it is the law, there is no court matter on the 2011 election as at now. So, we can use the law to sanitise the system. All we need is a leader who can apply the law.

2015: Group condemns candidates’ endorsement Tunde Oyesina Abuja

he National Democratic Front (NDF), a rights group yesterday, condemned the spate of endorsement of candidates by political parties ahead of next year’s general elections, describing it as an impediment to Nigeria’s fledgling democracy. This, it said would rob electorate the rights to exercise their civic duty on who becomes their leaders if such gale continued unhindered.

Politicians must show commitment to the nation’s democratic process

Addressing pressmen during an interactive session in Abuja, the group’s National President, Comrade Agbese Philip, said the recent endorsements of candidates in Ebonyi, Enugu and Kwara states which had a tendency to spread throughout the country was undemocratic and anti-democratic. Agbese who spoke on behalf of the other twelve political pressure groups present at the interaction, said the present endorsement had already truncated real democracy in the various politi-

Comrade Agbese

cal parties where other interested contestants had been denied due to

democratic process. The group, which called on the leadership of the respective political parties urged them to look into the matter with a view to curbing the menace of such undemocratic practices and also hasten to reverting or refuting the said endorsements, saying they portend to mean the zeal to rig in the 2015 polls. It said: “We hereby call on the stakeholders and the leadership of the respective political parties to show their commitment to the continued

practice of democracy by publicly denouncing these endorsements and further put deterrent measures to further happenings as this is a proof that the forthcoming elections will surely lack transparency”. Meanwhile the group has threatened that if the said endorsements were not denounced and withdrawn, they alongside other interest groups had vowed to stage a peaceful protest to the Independent National Electoral Commission (INEC), to press home their demand.

Law

THURSDAY, OCTOBER 16, 2014 NEW TELEGRAPH

Privileges of elevation to the silk: Matters arising continued FROM LAST WE E K

Michael A. Agbamuche

ronically, that indeed ought to be the way forward in Nigeria. In the United Kingdom, before the push for reform, barristers were selected through a process of secret sounding of judges and other establishments in legal figures which became a subject matter of much criticism, since it was arguably a possible source of improper government patronage given the fact that the Lord Chancellor who is a member of government had the final say. In 2004, it was announced in England that the appointments of Queen’s Counsel will be resumed but by a nine member panel chaired by a lay person. It is interesting note that the requirement for the appointment of a Queen’s Counsel in England was not based on number of appearances in the House of Lords or was there seeming deliberate attempt to keep the number of awardees down in other to create artificial scarcity. Indeed, in July 2007, 175 new Queen’s Counsel were announced from a total application of 443 people. The criticism most prevalent in Ni-

geria appears to be that the process of nominating and awarding is marked by a lack of transparency, favoritism and unfair practice. Evidently, there is no desire to scrap the institution. If reforms are put in place, it will ensure that it does not remain a “closed shop”. Also, senior members of the Bar have been heard to complain openly that the status of a Senior Advocate in Nigeria is now hereditary and that the system as presently constituted is an affront to the right of any qualified lawyer to attain the rank. In passing, there have been allusions to the monopoly of the best briefs by Senior Advocates and the attendant charging of high fees. There is no doubt that reform is the way forward as the option of abolition is by implication not desired by the vast majority of lawyers in Nigeria. Having experienced life at the Bar between 1964 and 1975, during which the rank of Queen’s Counsel was abolished, it is possible to surmise that it must have been dissatisfaction with the fact of abolition that informed its re-introduction in 1975 with its new name Senior Advocate of Nigeria. In other climes such as South Africa, Egypt and India for example where the institution of Queen’s Counsel metamorphosed to Senior Advocate, there is no requirement of number of cases argued in the Supreme Court before a candidate is eligible for such an appointment and such a requirement ought to be expunged. Its presence in the Nigerian system has contributed in no small measure to congestion at the Supreme Court. In a bid to acquire the requisite number of cases, potential applicants file appeals to the Supreme Court at will and by so doing obscure the majesty of what ought to be the final arbiter in the judicial process in this country. l This piece is an extract from Agbamuche’s work first published in the Anatomy of the Legal Profession edited by Prof. Epiphany Azinge, SAN

Agbamuche

to be continued

Lawyers differ on Ekiti crisis CONTINUED FROM PAGE 22

people to justice. He added that there is no need heating up the political atmosphere in Ekiti so as not to jeopardise the people’s future, insisting that the Governor-elect should be allowed to be sworn-in and settled down to allow him fulfill his campaign promises to the people of the state. Nwobike went on: ‘I am not by any means saying it is a good thing for people to attack judges or disrupt judicial proceedings. The police have a duty to arrest the culprits and charge them to court appropriately.” Another lawyer, Tolulope Aderemi said the rights groups should seek legal interpretation of the provisions of Sections 34, 40 and 42 of the Nigerian Constitution. He said: “With respect, they are absolutely irrelevant to the issue at hand. A Judge is the Dominis

litis of his court. Where a Judge feels threatened especially as regards the issue of security, he may take rightful steps to ensure the same. “Why do you think a Judge can sentence one to death and nobody can question him? Or why do you think a Judge can either enforce or deny you any right notwithstanding it’s being enshrined under Chapter 4 of the Nigerian Constitution? “By constitutional design, Judges are made extremely powerful and this is to establish confidence of justice in the minds of a common man. If the Judge ordered that the mammoth crowd be dispersed or that no political gathering should take place in his court, of course, he is well within his right and powers to do so. And this we must understand”. In his view, Kayode Ajulo stated that It’s a matter of use of language, ‘thug is thug’ as he’s only

expressing his opinion. He said: “Can a sound minded man go and attack a court? Can a practicing doctor or lawyer or any other noble profession abandon his job and go and attack a court. “It is only a thug who gets his daily earning from violence that can do that. “To me, there is no need of seeking any interpretation in court. The only case that can be taken to court is to arrest and prosecute the perpetrators”. A Senior Advocate of Nigeria, Abubakar Malami, said, “whoever that has attacked a court could not have been someone with integrity. In other words, a group of people with untainted character could not wake up one day and launch an attack on the court and judges. “There is nothing that needed to be interpreted. There is no interpretation you can give a violent act that can make it acceptable”.

l Dr Fred Latimore Oghenesivbe, is a member of the Nigerian Institute of International Affairs (NIIA) and currently serve as Committee member of Human Rights and Political Communication of the American Political Science Association (APSA) chaired at the New York University, USA

FredLatimore Oghenesivbe

Judgement, sentencing and appeals in criminal matters in Nigeria

s a general rule, no person can be pronounced guilty for an offence with which he was not expressly charged. However, where an accused person is charged with a grave offence and there is not enough evidence to convict him but there is sufficient overwhelming evidence to convict him for a lesser offence, even though the accused was not specifically charged with the lesser offence, he may be convicted of the lesser offence as provided in section 36 (6) (a) of the 1999 Constitution of the Federal Republic of Nigeria (as amended)and as decided by the Supreme Court of Nigeria in Nwachukwu vs. The State (1986). Furthermore, an accused person who is charged with an offence may be convicted for conspiracy to commit that offence although he was not found guilty of the substantive offence as decided in Balogun vs. Attorney-General of Ogun State. It must be stated that before a court can convict an accused person for an offence for which he was not expressly charged under Section 179 of the Criminal Procedure Act, the following conditions must be satisfied; (a) the graver offence must contain words to include both offences; (b) the evidence led and facts found must support the conviction for the lesser offence and (c) it is not necessary to charge the accused with the lesser offence as decided by the Supreme Court in Nwachukwu vs. State. An accused person may plead for reduction of sentence under the principle of allocutus. It is a plea of mitigation of sentence or punishment by an accused person after he or she has been convicted of an offence in a court of competent jurisdiction. However, the omission of the Court Registrar or the Judge to ask the accused to make an allocutus shall have no effect on the validity of the proceedings. Allocutus under section 247 of the CPA does not operate to absolve the accused of all punishment; the sentence may be reduced but not cancelled in its entirety. Where the law provides for a minimum or mandatory penalty like death penalty, allocutus has no effect. Thus, in Inspector General of Police vs. Tegbe (1957) where an accused person was deprived of an opportunity for allocutus because the judgment given by the trial magistrate was read by another magistrate under section 251 CPA where the sentence was manifestly light for the offence, it was held that although the practice adopted was

Where the law provides for a minimum or mandatory penalty like death penalty, allocutus has no effect undesirable, the sentence would not be reduced. In a trial at the Magistrate court in the Northern part of Nigeria, the Magistrate may at this stage of sentence refer the convicted person to a magistrate court of a higher grade or to the High Court for sentence. This occurs if the court is of the opinion that the accused person ought to receive a different or more severe punishment than that which the magistrate is empowered to impose as stated under Section 257 of the Criminal Procedure Code (CPC). Clearly put, a sentence is the pronouncement by the court upon the accused person after his conviction in a criminal prosecution by imposing punishment stipulated by law. The sentence of the court must be the sentence prescribed for the offence by law which created it. When the court makes a pronouncement of sentence, it may direct that it should run concurrently or consecutively. Where the court is silent, the sentence shall be deemed to run consecutively. It must be stated that death penalty is mandatory sentence for capital offences and the judge has no discretion in the matter after an accused has been found guilty of a capital offence. The court must make the pronouncement this manner: “The sentence of this court upon you is that you be hanged by the neck until you are dead and may the Lord have mercy on your soul” as stipulated under Section 367 (2) of the CPA and Section 273 of CPC. The President of Nigeria and State Governors can exercise prerogative of mercy on an accused sentenced to death. The judge as soon as practicable must transmit the judgment to the Attorney General or Minister of Justice or State Commissioner of Justice to advise the President or Governor on the exercise of prerogative of mercy. The judgment is attached with a certified copy of the record of proceedings and a copy of the certificate of death as stipulated under Section 370 (1) of the CPA. to be continued

NEW TELEGRAPH THURSDAY OCTOBER 16, 2014

Health Features

Healthy Living

Health Features

Health News

FG, states: End policies hindering access to maternal care’

Untreated thyroid diseases lead to infertility, high cholesterol

Young mothers and challenge of exclusive breastfeeding

PSN tackles commercialisation of pharmacy practice

Health

Nigeria’s hard-earned lesson for quashing Ebola William Wallis

hen Liberian development consultant, Patrick Sawyer collapsed in the arrivals hall of Lagos airport with the symptoms of Ebola in July, the initial reaction, both inside and outside Nigeria, was close to panic. The fear was that Nigeria’s rickety, overstretched health service would be unable to contain the deadly virus. In a sign of the strains the system was under, Nigerian doctors were on strike for higher pay when Mr. Sawyer entered the country. Against the odds, however, public health officials say one of the world’s more chaotic nations has provided an object lesson in how to deal with Ebola. It is a lesson that could prove salutary for western governments scrambling to come up with their own response. For public-health experts, the idea of Ebola gaining a grip in Nigeria – Africa’s most populous nation and largest economy – is a nightmare scenario. There are 170 million Nigerians, eight times the combined population of Guinea, Sierra Leone and Liberia, where the disease is raging. The country’s peripatetic elites and prolific traders have connections across the globe. Yet Nigeria has quashed its outbreak – and is now just a week short of being clear of a live case for 42 days, the period required by the World Health Organisation (WHO) before it can be officially declared Ebola free. Dr. Simon Mardel, a global

Appolonia Adeyemi appolonia.adeyemi@newtelegraphonline.com

specialist in emerging pathogens, describes the effects of the disease as a series of vicious circles. These attack the individual first and then the surrounding society, he says. On both counts Nigeria appears to have broken the cycle. That outcome, far from assured at the outset, is the result of a rare national effort that saw the Lagos state government, federal institutions, the private sector and global non-governmental organisations all pulling in the same direction to defeat the disease. Together they have provided hope at a time when public confidence in the state has been knocked by large-scale corruption scandals and the poor performance of the army in combating Islamist insurgents in the country’s north. “President [Bill] Clinton, when he came here 14 years ago, said that from what he could see there is no problem Nigerians can’t fix if they get together,” says Dr. Benjamin Ohiaeri, director at the First Consultants clinic where Sawyer was taken on July 20 and later died. Like the current case in Texas, Nigeria’s outbreak was the result of a lone traveller entering from Liberia. Dr. Ohiaeri’s clinic bore the brunt of the tragedy that subsequently unfolded and it was partly thanks to the courage of his staff in preventing Sawyer from leaving the premises that the disease did not spread further. Eleven of his staff and their family members contracted Ebola, many in the 48 hours between Sawyer’s admission and the positive result of the laboratory tests. Four of them later died. But Nigeria got its act together quickly after that. An emergency presidential decree enabled officials to access mobile phone records and empowered them to lean on lawenforcement agencies where necessary to track down people at risk. Thereafter, a strict system to monitor potential cases was put in place by the Lagos

The Ebola-Virus

The disease knocks every system slightly. But when it comes to dehydration, it is shocking. It takes you by surprise every time,” says Dr. Simon Mardel. “Behind every survivor there is a heroic tale of rehydration

state government. “They were very organised. They put resources into tracking down every contact. In the US the wife [of the first Ebola victim in Texas] was left for five days with contaminated material. Here they disinfected houses immediately,” says Dr Eilish Cleary, a public health expert on contract to WHO who has been debriefing the Nigerian survivors. Senegal, which borders Guinea, where the current outbreak of Ebola took root, has been even more successful in containing an initial scare to just one case. In total 20 Nigerians became infected, of whom eight died. Teams of state officials and volunteers tracked down more than 800 people who had primary or secondary contact with the Sawyer case. These included the congregations of two churches in the city of Port Harcourt where an infected man had worshipped, according to Dr. Tochi Okwor, who runs the public awareness campaign in Lagos state. In addition, hundreds of private clinics have been trained

PHOTO www.bellanaija.com

in identifying Ebola patients and keeping them away from the community until they are evacuated to isolation wards. A social media campaign set up in the wake of the first case by volunteer technology experts, manning twitter handles, web sites and helplines, complemented these efforts. In the process, according to Dr. Cleary and other top World Health Organisation officials, Nigeria has shown the importance of logistics and public information awareness on top of medical care in containing the disease. Nigeria was fortunate that Sawyer entered the country through the airport, into the commercial capital and straight to a top private clinic. The country could be far more vulnerable, according to Dr. Mardel, if another case arrives by land, and ends up in a remote public hospital. But if Ebola strikes again, the country will be better prepared. “People are determined that they don’t want Ebola in NiCONTINUED ON PAGE 30

Health Features

THURSDAY OCTOBER 16, 2014 NEW TELEGRAPH

FG, states: End policies hindering access to maternal care

Healthy Living Dr. Ihuoma Uko-Ndukwe

Appolonia Adeyemi

ith the increasing maternal deaths being recorded in the country, a human right advocate has urged governments at all levels to stop discriminatory policies that hinder women from accessing maternal health care thereby resulting in preventable deaths. To this end, both federal and state governments have been called upon to eliminate barriers that women face including high ante natal and delivery fees, the requirement for preliminary authorisation for ante natal care, and the sighting of health facilities in locations that is far from communities, difficulties in getting public transport for easy access to delivery venues, among others. Executive Director of Women Advocates Research and Documentation Centre (WARDC), Abiola Akiyode-Afolabi who disclosed this said due to high user fees charged by many public and private hospitals, pregnant women risk being detained in healthcare facilities if they are unable to pay. From a maternal mortality ratio of 545 per 100,000 live birth (lb) in 2012, it rose to 576 per 100,000 live birth lb, according to the 2013 National Demographic Health Survey (NDHS) “This practice (high fee) leads women to avoid care if they are unable to afford it, or to endanger themselves by leaving the hospital before treatment has ended to avoid the hospital fees,” she said. it is a common practice for many poor rural and urban pregnant women to forego ante natal care completely because of inability to pay required fee. Similarly, AkiyodeAfolabi said the practice of compulsory spousal blood donation continues to be a great impediment for women to access maternal health care. Although the Nigerian policy on blood donation requires that all donations be voluntary, women who attempt to access maternal healthcare services at many public or government hospitals are often required to bring their husbands to donate blood, she noted.

ada.ndukwe@yahoo.com

Untreated thyroid diseases lead to infertility, high cholesterol

A pregnant woman

According to her, while patients may sometimes opt out of this blood donation requirement by paying a fee, this option is not always made known and has a discriminatory impact on the poor who may prefer to pay—but be unable to afford—a fee in lieu of blood donation. Highlighting the specific impact of compulsory blood donation which is practiced in Lagos State, the human right advocate said compulsory spousal blood donation can have multiple negative consequences on pregnant women who are unable or unwilling to compel their husbands to donate blood, including husbands’ refusal to permit their wives to access antenatal, intrapartum, and postnatal services and women’s exposure to domestic violence if they attempt to compel their husbands to donate blood. “The blood-donation requirement also disadvantages pregnant women who are unmarried, including those who may have become pregnant due to sexual violence, or whose husbands become ill, abandon them, or pass away during the course of the pregnancy. “The discriminatory impact of the fee on poor and single women includes diminished access to reproductive health

PHOTO: www.worldofstock.com

services, inferior care, and worse health outcomes.” Furthermore, tax certificates are also requested in some states as a precondition for access to maternal care, said Akiyode-Afolabi. While calling for government intervention to end these practices, she said the death of women while giving birth is discriminatory. “Women have right to life while bringing forth life,. However, while suggesting intervention to reduce maternal deaths, the human right advocate said framework for recommended change must be approached holistically and not merely as a technical intervention. According to Akiyode-Afolabi, adopting a right based intervention should involve using a framework that is nondiscriminatory and equitable, one that will empower the women, make the accountable, sustainable, participatory and amenable to monitoring. Similarly, she said the policies should allow for a gender perspective in public policies addressing women’s health needs. “It should take into context culturally accepted means of provision of pregnancy related services which encourages rather than discourages women from visiting clinics.

ypothyroidism is a condition in which production of thyroid hormone by the thyroid gland is decreased. It is similarly defined as a failure of the thyroid gland to produce sufficient thyroid hormone and characterised by decreased body metabolic rate, fatigue as well as lethargy. The thyroid gland regulates body activities in almost every organ of the body from the brain, heart, lung, stomach, kidney, reproductive factors sensitivity to tempareature, menstral disturbances, among others. The activity of thyroid gland is affected in three layers. Any problem in any stage of the layers will affect the body functions. This is how it works: a major part of the brain called hypothalamus releases a hormone called TSH, which directs the activity of another part of the brain called pituitary. This controls the release of the actual thyroid hormone for the body to functionHypothalamus – Pituitary – Thyroid Glands Any problem with any stage of the three will affect the body. Although, 80 percent of the thyroid problems is called by primary cause--the gland. When the brain is not releasing enough hormones to stimulate the gland to work, it is called tetiaqry/ and secondary problems and when the brain is working well but the glands are either releasing too much and not enough is called primary problems. Hypothyroidism may occur as a result of the primary gland failure or insufficient thyroid gland stimulation by both the hypothalamus/ and or pituitary. Primary gland failures can come from iodine deficiency, which could be congenital (while in womb. It may also be as a result of abnormalities and self body destruction called autoimmune disease.

Signs and symptoms of hypothyroidism

Autoimmune disease is the most common cause of low thyroid state. Self cause of low thyroid states(hypothyroidism) can be in the form of thyroid surgery (total/partial removal of thyroid glands) radiation therapy due to neck cancer lie hodgkin’s lympoma, laryngeal cancer. Secondary causes of hypothroidism can come from low production of the organs within the brain due to disease, infection of the pituitary especially during very difficult labour during child birth, where oxygen supply to the brain is compromised during labor, brain tumour and HIV. Symptoms: It significantly affects your heart with regards to beating very slow, allowing fluid to stay in the heart muscles. Weight gain despite diminished food in take, fatigue ( tiredness) poor concentration. Others are depres-

Photo: fpnotebook

Part of the symptoms include memory impairment, joint swelling, decreased interest in sex/ libido, headache, slow speech, forgetfulness and difficulty concentrating sion, generalised body ache, joint pain, and menstrual irregularities (heavy menstrual flow), constipation, cold intolerance, very dry skin, hair thinning or hair loss, decreased sweating, and brittle nails (nails that break easily).

Health Features 29

NEW TELEGRAPH THURSDAY OCTOBER 16, 2014

Young mothers and challenge of exclusive breastfeeding Ugo Willies Gombe

mong the foremost social problems facing Africa including Nigeria and Gombe State in particular is poverty even in the midst of plenty. However this particular problem takes its roots from ignorance and some practices that are inimical to the development of the individual in this changing world. Looking at some of these problems facing the African societies, it will be more appropriate to start looking at its solutions from the very early and youthful stage in the life of individuals. This is where obvious attention and care needs to be taken very seriously especially with regards to childbirth and the subsequent development of children. For African societies to really develop to their desired expectation especially in this changing or modern world, more rests on the attitude and character of the youths that constitute a larger number of the population. This is so because of the exposure of this segment of the society to modern technology, the digital or jet age in which we are now and which has impacted all fields of endeavour. In the field of health and in particular children’s health, the world has witnessed tremendous changes in the kind of care and attention that is given to children even here in Africa. For example, children or infants are no more introduced to other foods apart from breast milk at a very early stage as it used to be, twenty or thirty years ago and young parents and especially nursing young parents have embraced latest child upbringing strategies and methods. An encouraging factor now is that in most clinics, both rural and urban, younger pregnant women now patronise ante-natal services. In Gombe and several other states, these ante-natal services are provided free to pregnant women from their first day of ante-natal up to age five of the Child. It is noteworthy that most of these mothers

are between the youthful ages of twenty to thirty five. Most youths of this age are in their active stages in life. Even if they are not married or bearing children, they are engaged in education, trades, farming, and many other engagements that encourage social interactions. This is the more reason why this category of adults can be or have been the best propagators or advocates of current trends that have to do with child upbringing, especially breastfeeding. With utmost attention given to the early stage of the child’s life, the practice of exclusive breastfeeding takes centre stage. According to experts, if breastfeeding is given adequate attention and practiced appropriately, it would definitely yield favourable resulting in building healthy societies with well-disciplined individuals. It is in the light of this that twenty-two years ago, the World Alliance for Breastfeeding Action (WABA) launched the World Breastfeeding Week which is celebrated from August 1 to 7. The theme of 2014 celebration is ‘Breastfeeding: A winning Goal – for life!’ With the achievement of the Millennium Development Goals (MDGs) 4 & 5 which requires earlier, exclusive and continued breastfeeding, exclusive breastfeeding needs to be protected, promoted and supported by all. With breast milk widely acclaimed to be very important to infants, WABA Chairperson, Dr. Felicity Savage said, “Exclusive breastfeeding and adequate appropriate complimentary feeding are key interventions for improving child survival and it potentially reduces deaths among children under five by about 20 percent”. She added that, “Early and exclusive breastfeeding improves newborn care and reduces neonatal mortality which contributes to the majority of infant deaths”. Furthermore, she said that “Breastfeeding has been shown repeatedly to be the single best most effective way to prevent infant death; it plays a major role in Children’s health and development,

A woman breastfeeding her baby

According to experts, if breastfeeding is given adequate attention and practiced appropriately, it would definitely yield favourably resulting in building healthy societies

and significantly benefits the health of mothers”. “Exclusive breastfeeding and continued breastfeeding is a natural and low-cost way of feeding babies and children, said Amal OmerSalim, Senior Technical Advisor to WABA, adding, “it is affordable for everyone and is a not burden on household budgets compared to artificial feeding”, thus, making it more economical and capable of being embraced by even people in the lower social status of life. Many countries that have achieved over 20 percent gains in exclusive breastfeeding rates attribute it to the application of large scale programmes in line with national policies which are often guided by the Global Strategy for Infant and Young Child Feeding, a joint initiative of the World Health Organisation (WHO) and UNICEF, which promotes the adoption and implementation of national legislation on the International Code of Marketing of Breastmilk substitutes and maternity protection for working women. However, Omer-Salim stressed that findings in the UNICEF report indicate that “The Strategy also includes ensuring that breastfeeding is initiated in maternity facilities (and that no infant formula is used), building health-worker capac-

PHOTO: newsone.com

ity to offer counseling on infant and young child feeding, and mother-tomother support groups in the community, accompanied by communication and strategies to promote breastfeeding, using channels and messages tailored to the local context.” With similar legislations and policies in Nigeria like the Child Rights Act and the free antenatal services to mothers among many others which has been embraced by many states, a recent finding within Gombe shows that not only has breastfeeding been accepted, exclusive breastfeeding has been accepted and encouraged, though much needs to be done for sustainability. A nursing mother who has three children in Gombe, ages five, two and one month revealed that her first two children went through six months of excusive breastfeeding and she intends to undergo the same process for the baby she is currently nursing because of the advantages she has seen. She said although, breastfeeding exclusively has not been very comfortable for her, it is a sacrifice she is willing to make for the good health and future of her child.. She however pointed out that they always get awareness and enlightenment anytime they go for ante-natal visit and

stressed that “apart from the first six months of excusive breastfeeding, I make sure my kids take the breast milk for not less than one year before I stop. Even though it has not been easy, what has helped me is the way my husband has supported and encouraged me”. For this campaign to be sustained and accepted, encouragement and support from spouses of these nursing mothers is also very important as evidenced by this 32year old housewife. However, there are some challenges that some nursing mothers face especially the working class mothers. They are generally very busy and their maternity leave is so insufficient for them to concentrate on their babies especially as it has to do with breast feeding them regularly. That is why some engage in the use of baby food substitutes like processed milk which are being highly discouraged except in some extremely necessary situations like the loss of the mother or near complete absence of the breast milk in some mothers. In villages, one is encouraged by the way women breastfeed their babies. Investigations reveal that children are fed with breast milk for upwards of two years and some months and even beyond. A visit to the maternity section of the Gombe Specialist Hospital reveals that special attention is being given on enlightenment and awareness to expectant mothers on breastfeeding through specialised lectures, exercises and dishing out of information on current trends. Also propagating these awareness campaigns on the need for enhanced and increased breast feeding of infants is a non-governmental organisation (NGO), “Save the Children” whose activities revolves around the well-being of children. Having gone through this years’ breastfeeding week, what lessons have been learnt from the awareness and enlightenment campaigns and their impact on the future development of individuals and the society in general should be the concern for all.

Health News

THURSDAY OCTOBER 16, 2014 NEW TELEGRAPH

PSN tackles commercialisation of pharmacy practice Apppolonia Adeyemi

gainst the background of reducing pharmacy practice to purely commercial venture of buying and selling, the Pharmaceutical Society of Nigeria (PSN) has said violators would face sanctions by being placed on the role of dishonour. To this end, the PSN has called on pharmacists, pharmaceutical companies and stakeholders to familiarise with the tenets of the public private partnership (PPP) guidelines of the Pharmacists Council of Nigeria (PCN) before formalising contracts with public pharmacy facilities. President of PSN, Olumide Akintayo who made this call in Lagos recently, said violations of existing provisions of the PPA Cap 535 LFN 1990, Cap P. 17 LFN 2004 Gazettes 79 and 81 of August 2005 and the code of ethics for pharmacists in Nigeria would attract sanctions from PSN.

He spoke at a news conference to announce the 87th Annual National Conference of the PSN with the theme, ‘Transforming Pharmacy Practice for Better Success”. The conference will take place in Uyo, Akwa Ibom State from November 3 to 8. According to the president of the PSN, “there are patients who visit public hospitals only because they assume drugs in such facilities will be genuine in the reality of an existing fake drug syndrome which continues to ravage the health sector. “This is why the PSN continues to caution on the consequences of diverting a guaranteed public sector market in pharmacy facilities to private profiteers” According to Akintayo, some of the fundamental fall-out that will always suffice remains who takes responsibility when anything goes wrong with respect to drugs dispensed in such public facilities concessioned to

L-R: Chairman, Conference Planning Committee for the 87th Annual National Conference of the Pharmaceutical Society of Nigeria (PSN), Chijioke Onyia; Akintayo; and Secretary General, PSN, Victor Okwuosa at the press briefing on the forthcoming conference held in Lagos recently.

profiteers. “The profiteer or government?” he asked. However, he noted that while the Lagos State Government which blazed this trail has been able to adapt its privatisation model to the PPP guidelines prescribed by the Pharmacists Council of Nigeria (PSN),

“some of the federal health institutions which experimented with privatisation in pharmacy facilities are still in huge mess even after such contracts have been terminated because of profiteers who utilised the goodwill of the federal health institutions to source drugs from

Lagos seeks more mental health workers for grassroots Shola Adefuwa and Esther Albert

he Commissioner for Health, Lagos State Dr. Jide Idris has said that the state government is dedicated to raise awareness about mental health issues around the world as well as mobilise efforts in providing support for mental health patients. Also, the government stated that there is a need to have mental health workers employed and deployed at the grassroots for the care of affected persons among the populace. Idris who said this at the press briefing on the

occasion of World Mental Health Day celebration, said “we are better at treating it and minimising its consequences now than at any other time in previous human history. He noted that the day provided an opportunity for all stakeholders working on mental health issues to talk about work and what more needs to be done to make mental health care a reality for people worldwide. According to him, thousands of supporters come to celebrate this annual awareness program to bring attention to mental illness and its major effects on people’s life.

Mental health is as important as physical health to the overall wellbeing of individuals, societies and countries. Only a small minority of the 450 million people suffering from mental health or behavioral disorders are receiving treatment. Like many physical illnesses, mental and behavioral disorders are the result of a complex interaction between biological factors, he stated. The Lagos State commissioner for health said. Lagos State is developing such a system and has committed itself to a mental health policy that emphasises these needs,

the pharmaceutical industry but simply sold the drugs and pocketed the accruing revenue. “Many of the pharmaceutical companies refused to do business with public health facilities up till now with serious consequences for consumers of health in such institutions.”

Lesson from Nigeria’s Ebola experience CONTINUED FROM PAGE 27

Idris

he stressed. Similarly, he said Lagos State mental health policy also seeks to increase awareness and sensitisation of individuals on mental health issues.

Coorporate Communications Manager, Nestle Nigeria, Dr. Samuel Adenekan; Coordinator, Nestle Nutrition Institute Africa for Anglophone countries, Central & West Africa, Chioma Emma-Nwachukwu; and Brand Manager & Project WET/ Coordinator, Nestle Waters, Latunji Motayo at the live webcast of Switzerland’s Nestle Global Creating Shared Value Forum , held in Lagos recently.

geria. We could have had much higher casualty figures. But within weeks we would still have got it right,” says Dr. Okwor. No one would guess that Dr. Ada Igonoh recently emerged from two weeks battling Ebola in an isolation ward in Lagos. R a d i at i n g good health, the doctor, who was infected at her Lagos clinic by Patrick Sawyer, the Liberian who brought Ebola to Nigeria, insists there is no magic formula or miracle cure to thank for her recovery. She credits plenty of water and her own determination to survive for her ability to defeat the deadly virus. Her experience is consistent with other survivors of the disease in Nigeria – all of whom engaged in an endurance test of rehydration as soon as they were diagnosed, drinking up to five litres of a solution of water combined with rehydration solution each day. “The disease knocks every system slightly. But when it comes to dehydration it is shocking. It takes you by surprise every time,” says Dr Simon Mardel. “Behind every survivor there is a heroic tale of rehydration.” Dr. Mardel, who has examined more Ebola patients than anyone, believes there are important

public health lessons to be learnt from Nigeria’s survivors. He argues the case, in a forthcoming article for the Lancet magazine, that far more attention needs to be given to providing rehydration than is currently practised in the worst affected countries. This means ensuring that patients are drinking a rehydration solution consistently during the early stages of the disease. Later it becomes much more difficult. “With Ebola things multiply – they don’t add up,” he says, adding that if you miss a day of water, you have to make up for it the next with twice as much. “Changing this from an epidemic of fear to a disease that is treatable is central to defeating this outbreak,” he says. The psychology of patients is key. In Nigeria, according to WHO officials, those victims who believed that only medicine from the west could save them, mostly died. Those who lived would not have done so without simple H2O combined with the rehydration solution. “All of them decided to survive. Because they wanted to survive they forced themselves to take more oral rehydration solution. The mind has huge power over the body. That’s not talked about enough,” says Dr. Eilish Cleary, the Ebola expert. • Culled from Financial Times

NEW TELEGRAPH THURSDAY, OCTOBER 16, 2014

Industry

ICT

Ailling Nigeria’s steel sector buoyed by FDI

Paper packaging firm saves Nigeria N.5bn

Nigeria to begin local production of SIM cards

E-frauds: Electronic payment providers proffer legal solutions

Business What's news

Chinese top 10% global wealth holders –Report The richest one person of the world’s population are getting wealthier, owning more than 48 per cent of global wealth, according to a report published on Tuesday which warned growing inequality could be a trigger for recession.

p.32

The Business Desk

Ayodele Aminu l Deputy Editor (Business) Bayo Akomolafe l Asst. Editor (Maritime)

Sunday Ojeme l Asst. Editor (Insurance)

Godson Ikoro l Asst. Editor (Money Market)

Dayo Ayeyemi l Property Editor

Adeola Yusuf l Energy Editor

Wole Shadare l Aviation Editor

Chris Ugwu l Capital Market Editor Abdulwahab Isa l Finance Editor Kunle Azeez l Senior Correspondent Chuks Onuanyin l Energy Nnamdi Amadi l Reporter Johnson Adebayo l Asst Production Editor

CAPITAL FLIGHT

$2 billion ICT products and services imported annually while export is just about $5 million Kunle Azeez Dubai, UAE

eckless importation of Information and Communication Technology (ICT) hardware and services into Nigeria is costing the country not less than $2 billion (about N320 billion) yearly. The Federal Government disclosed this at the ‘Nigeria ICT Investment Forum’ held as part of the on-going Gulf Information Technology Exhibition (GITEX) Week holding at the Dubai World Trade Centre, Dubai, United Arab Emirates (UAE). Making a presentation titled: “Investment Opportunities in the Nigerian ICT sector” to the global investors at the forum on behalf of the Nigerian Government, a telecoms expert and consultant to the Federal Government, Mr Amstrong Katang, said that the Nigerian economy today relies on ICT imports, saying that government was keen on changing the trend. He said: “With an estimated population of 170 million, Nigeria today is the seventh largest country in the world and the largest in Africa with 42 per cent of its population below 15 years. Also, Nigeria’s Gross Domestic Product (GDP) has grown at close to seven per cent over the past five years. “Nigeria is also Africa’s largest economy after the recent rebasing exercise of from $509.9 billion in 2013 from $269.5 billion. Nigeria’s consumer class is growing at approximately 23 per cent of population in 2012 while the country has had 106 active infrastructure projects valued

Nigeria loses N320bn on ICT yearly at $ 100 billion in 2012.” With regards to development in the ICT industry, Katang said: “About 800,000 PCs are shipped into the country annually but available market is about three million,” meaning there is a

demand gap of 2.2 million in the country. The consultant stressed that $2 billion of IT products and services were imported annually while export was just about $5 million. Katang added: “Yet, Ni-

geria has a vision to be the ICT hub of Africa. However, we are having huge internet bandwidth capacity suiting on our shores in Lagos without impressive last-mile conCONTINUED ON PAGE 32

L-R: Dr. Chukwu Chukwunyere; Principal Manager, Currency Operation Department, CBN, Hajia Amina Adamu and President, National Institute of Marketing of Nigeria (NIMN), Mr Ganiyu Koledoye, during the presentation of recognition award by NIMN/MBS Alumni group 2014 in Lagos.

Global oil demand to dip by 200,000 barrels daily Adeola Yusuf

emand for oil from Nigeria and other oil producers globally will fall by 200, 000 barrels per day, the International Energy Agency (IEA) has hinted. The forecast has swiftly

tumbled the oil prices to $88 per barrel, the price last seen four year ago. Nigeria, Africa’s biggest crude exporter, depends largely on proceeds from crude to service over 85 per cent of its budget. The International Energy

Agency (IEA) revised down its demand projections for the rest of the year and into 2015, saying that oil demand over the next two months would be 200,000 barrels per day. CONTINUED ON PAGE 32

Rates Dashboard INFLATION RATE August 2014............................8.5% July 2014.................................8.3% May 2014.................................8.2%

LENDING RATE InterBank Rate....................11.57% Prime Lending Rate...........16.93% Maximum Lending Rate...25.83%

EXCHANGE RATE

USD . . . . . . . . . . . . . . . . . . . N156.75 Pounds . . . . . . . . . . . . . . . N254.68 Euro . . . . . . . . . . . . . . . . . . N198.08

USD . . . . . . . . . . . . . . . . . . . . N155.75 Pounds . . . . . . . . . . . . . . . . . N251.32 Euro . . . . . . . . . . . . . . . . . . . . N196.76

(Parellel As at Oct 2)

l Foreign Reserves – $39.47bn as at 2/10/2014

Source: CBN

(Official As at Oct 2)

Business | News

THURSDAY, OCTOBER 16, 2014 NEW TELEGRAPH

Chinese top 10% global wealth holders –Report INEQUALITY

The gap between the world’s rich and poor keeps widening despite efforts to curb poverty Sunday Ojeme

with Agency report

he richest one person of the world’s population are getting wealthier, owning more than 48 per cent of global wealth, according to a report published on Tuesday which warned growing inequality could be a trigger for recession. The report also revealed that China now had more people in the top 10 per cent of global wealth holders than any other country except for the United States and Japan, having moved into third place in the rankings by overtaking France, Germany, Italy and the United Kingdom. According to the Credit Suisse global wealth report, a person needs just $3,650 – including the value of equity in their home – to be among the wealthiest half of world citizens. However, more than $77,000 is required to be a member of the top 10 per cent of global wealth holders, and $798,000 to belong to the top one per cent. “Taken together, the bottom half of the global population own less than one per cent of total wealth. In sharp contrast, the richest hold 87 per cent of the world’s wealth, and the top percentile alone account for 48.2 per cent of global assets,” said the

• Richest 1% owns nearly half of global wealth annual report, now in its fifth year. The report, which calculates that total global wealth has grown to a new record – $263 trillion, more than twice the $117 trillion calculated for 2000 – found that the United Kingdom was the only country in the G7 to have recorded rising inequality in the 21st century. Its findings were seized upon by anti-poverty campaigners, Oxfam, which published research at the start of the year showing that the richest 85 people across the globe share a combined wealth of £1 trillion, as much as the poorest 3.5 billion of the world’s population. “These figures give more evidence that in-

equality is extreme and growing, and that economic recovery following the financial crisis has been skewed in favour of the wealthiest. In poor countries, rising inequality means the difference between children getting the chance to go to school and sick people getting life-saving medicines,” said Oxfam’s head of inequality, Emma Seery. “In the UK, successive governments have failed to get to grips with rising inequality. This report shows that those least able to afford it have paid the price of the financial crisis whilst more wealth has flooded into the coffers of the very richest.” The $20.1trillion rise in global wealth over the past

year is the largest recorded since 2007. The total has risen every year since 2008 and is now 20 per cent above its pre-crisis peak, the report said. Wealth in the US in the past year had grown by as much as the $12.3 trillion the country lost in the financial crisis. The Credit Suisse analysts pointed to the debate that has been sparked by work such as that by Thomas Piketty into long-term trends towards inequality. It pointed out that while inequality had increased in many countries outside the G7, within the group of most developed economies it was only in the UK that inequality had risen since the turn of the century. “Only one of them, the

UK, recorded rising inequality over the entire period 2000–2014 and only three shows an increase after 2007 – France, Italy and the UK,” the report says. Of the UK, it says: “Nowadays the pattern of wealth distribution in the UK is very typical for a developed economy. Almost 60 per cent of the population has wealth exceeding $100,000 and there are two million US dollar millionaires”. Other calculations by the Credit Suisse team “hint at raising global wealth inequality in recent years” and show that overall wealth in the US has grown at a faster pace than incomes. The authors warned it was a trend that could point to recession.

Global oil demand to dip by 200,000 barrels daily CONTIN UED FRO M PAGE 3 1

This is lower than the amount it projected in the prior month’s report, falling to 92.4 million barrels per day. Demand is expected to rise in 2015 to 1.1 million barrels per day, but that is still about 100,000 million barrels per day less than earlier projections. Also, the IEA reaffirmed a glut in the oil market driven by the shale boom in the United States and output from OPEC which surged to a 13-month high in September, led by “Libya’s continued recovery and higher Iraqi flows.” A recent decision by Saudi Arabia to accept a lower selling price for its customers in Asia and Europe added to the price woe. Saudi Arabia is the largest producer in the Organisation of Petroleum Exporting Countries, the cartel which produces a third of the world’s oil supply and essentially keeps the balance of supply and

demand in the market. “There was no let-up in Saudi supply to global customers in September, according to tanker tracking data, with a modest pick-up in shipments versus August,” according to the IEA report. “Riyadh appeared determined to defend its market share in the increasingly competitive Asian market — cutting its formula prices for a fourth consecutive month.” The news of lower demand sent oil prices to their lowest level in four years. Brent oil prices have tanked by nearly 25 per cent since June as ample supply coincided with weak demand, raising the possibility that the Organisation of Petroleum Exporting Countries could cut output. But Saudi Arabia has privately told oil market participants that it can accept oil prices between $80 and $90 a barrel, sources briefed by OPEC’s biggest producer told Reuters.

L-R: Country Sales Manager, Infinix Mobility Company Limited, Mr Bruno Li; Trade Sales Manager, Operators, Mr Adebayo Shobanjo; Head, Marketing, Mr Peter Zhou and Marketing Manager, Mr Adewunmi Opeyemi, during a press conference on the testimonials on Infinx Zero phone in Lagos.

Nigeria loses N320bn on ICT yearly CON TINU E D F ROM PAGE 31

nectivity. “About 100 per cent of our smartcards are imported and you can imagine how huge the returns will be if an investor comes into Nigeria to start manufacturing smartcards locally. The total payment in the country annually is $695 billion but 90 per cent of the transactions are done through cash, presenting another opportunity for the investors to play in the e-payment sector.” Katang explained that all these scenarios in Nigeria present huge opportunity for investors to leverage the good policies being put in place by Nigeria to provide a ‘win-win’

situation between them and the Nigerian government and local players. He said that Nigeria had formulated specific policies and enacted legislations relating to the development of the ICT sector which include the creation of a harmonised National ICT Policy, development of the National Broadband Plan 2013-2018 and development of the Guidelines for Nigerian Content in ICT, among others. Katang maintained that Africa is already positioning for the growth story in the global ICT industry. Speaking earlier, the Director General, National Information Tech-

nology Development Agency (NITDA), Mr Peter Jack, said that the government was working to ensure that Nigeria’s business environment is investor-friendly, even as he stated that NITDA was already in talks with governments of Kenya, Indian and Dubai, among others. He said that the collaboration would soon be cemented with the signing of a Memorandum of Understanding (MoU) between Nigeria and the ‘partner countries’ to build a mutually-beneficial collaboration for the development of the ICT ecosystem. In his remarks, Director of Exhibition, Dubai

World Trade Centre, Mr Andrew Pert, expressed excitement at the potentials abound in the Nigerian ICT sector, saying the centre would continue to partner with Nigeria’s public and private institutions. Also speaking, Managing Director of the Nigeria Export Processing Zones (NEPZA), Mr. Gbenga Kuye, assured the investors of good operating environment, telling the investors that if they miss investing in Nigeria today, they would have themselves to blame. He noted that Nigeria was the next investment destination in the continent.

NEW TELEGRAPH THURSDAY, OCTOBER 9, 2014

Industry

SON to boost madein-Nigeria products p.34

Centre identifies how to achieve viable automobile industry p.34

Ailling Nigeria’s steel sector buoyed by FDI For Nigeria, it has been a very bumpy path to steel sector development, writes DELE ALAO

ver the years and across countries of the world, the steel sector has been described as the bedrock of economic and industrial development. For this reason, many nations do take proactive steps to develop their steel sector. The industrial revolutions in advance democracies have also been attributed to a viable steel sector. Experts agreed that many Third World countries have been able to lift their economies and threatening the developed countries of the world in economic well being for their people through a viable steel sector. Pace setters Such countries that took serious steps to develop their steel sector as a national project include India, South Korea, Pakistan, Egypt, Iran, Iraq, Algeria, Libya, Turkey, Venezuela, Indonesia, Singapore, Malaysia and Mexico. Saudi Arabia, Algeria, Libya, Venezuela, Indonesia and Mexico are oil-producing countries like Nigeria, yet they have also been able to develop a viable steel industry. Checks showed that Egypt produces about four per cent of the total world iron and steel output. Iran produces about five to six per cent, Pakistan and India have moved up on the graph, while China, Australia, Canada, South Korea, USA, Russia are the big steel power countries. Further checks showed that Japan has no iron ore, but import it from Brazil, Peru and Australia and today Japan is a steel nation as they produce steel on their own. Great Britain, France, Germany, all developed on iron and coal. Canada has about four billion metric tonnes of iron ore deposit as the largest endowed nation in the world and next door to the United States of America, which has the number one steel complex in the world - Bethlehem Steel. Now, China BAO Steel is taking advantage of the phenomenal growth to become the number one steel company in the world as they are now the largest iron ore importer and producer in the world. POSCO of South Korea is the third largest steel complex in the world, importing iron ore from Australia, Brazil, Peru and any other source that is competitively cheap. Efforts at steel development The idea behind a steel project in Nigeria started in 1958 when the colonial administration commissioned a feasibility study on iron ore deposits in the country.

Ajaokuta Steel Complex

Very soon, I want to assure you that the promise Mr President gave sometime in Kogi that the Ajaokuta Steel Industry will be brought back to life will be actualised

In 1967, a United Nations Industrial Development Organisation (UNIDO) survey identified Nigeria as a potential steel market. This led to the signing of a bilateral agreement between the defunct Soviet Union and Nigeria. The Soviet steel experts that conducted a feasibility study confirmed the availability of raw materials and recommended further geological surveys. They also recommended the Blast Furnace/Basic Oxygen Furnace (BF/BOF) process, capable of producing 570,000 tonnes of rolled products per annum. In 1971, an extra-ministerial agency, the Nigerian Steel Development Authority (NSDA), was established by Decree No.9, to focalise efforts required to actualise a steel plant in the country. In addition, the discovery of large deposits of iron ore at Itakpe in 1972 by the Soviet aero-magnetic survey team catalysed the formal signing of a global contract in 1975, with Tiajpromexport (TPE), a Soviet state-owned firm, for an integrated steel plant of 1.3 million tonnes of long products. The Ajaokuta Steel However, the actual work on the Ajaokuta Steel Company commenced in 1979 during the administration of Alhaji Shehu Shagari. Checks showed that the Ajaokuta steel plant was inaugurated in 1983 when it had achieved almost 95 per cent completion, with most of its vital rolling mills, including light, billets, wire rod, medium section and structural mills operational. But, since its inauguration in 1983, the plant has been embroiled in managerial inaptitude and controversy, ranging from allegations

of obsolete machines and out-dated blast furnace model. Despite its initial completion, the plant had suffered years of neglect under successive administrations. In 2005, efforts by the President Olusegun Obasanjo’s administration through the concessioning of the plant to Global System Steel Holdings Limited (GSHL), an Indian firm, also failed to revive it. The agreement was terminated in 2008 by the late President Umaru Yar’Adua’s administration. Recently, information filtered in that Nigeria might end up spending $15 billion every year to import steel from the current $3.3 billion despite about two million metric tons of iron ore reserve in the country. Current attempts Meanwhile, the present administration under President Goodluck Jonathan seems to be working hard to revive the steel sector. Vice-President Namadi Sambo had also restated government’s commitment to make the plant functional within the shortest possible time. Sambo said that President Jonathan had also directed the National Council on Privatisation (NCP) to restore life to the steel industry through the speedy revival of the company. “Very soon, I want to assure you that the promise Mr President gave sometime in Kogi that the Ajaokuta Steel Industry will be brought back to life will be actualised. I want to categorically state that all the encumbrances to the progress of the project have been removed by Mr President,’’ he said.

Funding On his part, the Minister of Industry, Trade and Investment, Olusegun Aganga, last weekend in Ilorin, Kwara State, at the precommissioning visit to the Steel Cold Rolling Complex of Kamwire Industries Limited, said that the Federal Government has committed more funds to the sector. Aganga, who noted that the steel sector was the backbone of economic and industrial development for any nation, said that the Federal Government was already executing plans aimed at growing this important sector. He said: “This sector is a critical sector and to have our own person, a Nigerian leading that sector, should be a pride to all of us. And our job is to make sure that he succeeds by creating an enabling environment for the private sector to actually drive the economy and that is what we have been doing so far but we need to do more.” The minister, who also noted that the country has no business importing steel, said that his ministry was already working with the Ministry of Mines and Steel Development on a joint memorandum to the Federal Executive Council on policies and measures that would help to develop the steel sector. Besides, the sector has attracted huge foreign direct investment (FDI). For instance, a Multi-National Chinese Steel Company, ‘Pangang Group Company Limited’ indicated interest to establish a Steel-manufacturing factory in the country. The investment, which runs into millions of dollars, is expected to materialise very soon.

Business | Industry

THURSDAY, OCTOBER 16, 2014 NEW TELEGRAPH

SON to boost made-in-Nigeria products STRATEGY Standard Organisation of Nigeria takes a bold step to promote locally made good Stories by Dele Alao

he Standard Organisation of Nigeria (SON) has said it is poised to promote competitiveness of made-in-Nigeria products through the Mandatory Conformity Assessment Programme (MANCAP) particularly for cottage, small and medium enterprises. Director-General, SON, Dr. Joseph Odumodu, said at the flag-off of the Walk for Standard in Abuja. The walk was to mark the World Standard Day 2014 celebration. “The full implementation of this programme commenced through SON offices in all states of the federation, as I use this medium to urge all

local manufacturers and assemblers to cooperate in getting their products certified,” Odumodu said. The Director General who was represented by Director Operation of the organisation, Mr Nelson Oyebiyi, said: “The process is designed to assist them implement the requirement of relevant standards from raw materials to the finish product with a view to offering quality products that offer value for money to consumers. The certification to MANCAP will also ensure that locally manufactured products are subjected to similar conformity processes like the imported products undergo with SONCAP, thus creating a level playing field as stated in the theme of the 2014 World Standard Day. “The walk for standard, in addition to providing opportunities for interaction among stakeholders, is also aimed at propagating the ideals of quality through strict adherence to standard by manufacturers, as well as protection of the con-

Dangote Cement injects 29m tonnes by December he management of Dan- 42.5R cement will never arise.” T gote Cement Company He said that the 42.5R cehas promised to release into ment was a step taken by the the Nigeria market 29 million tons before December. It also allayed fears of scarcity of cement in the market, adding that it has stepped up production of the 42.5R grade. The company’s regional manager in-charge of safety, Mr Johnson Olaniyi, who spoke at the Obajana plant, in Kogi State, while answering questions from journalists during a facility tour and seminar organised for building block makers from the South West and Edo State, said: “Dangote cement is making a minimum of one million storage capacity of the 42.5R cement in all its depots nationwide. We are also making delivery easy through our new three approaches of self-collection, depot and home delivery. So, the issue of scarcity of the

Dangote Group’s cement factory, Obajana

company towards addressing the incidence of building collapse in the country. According to him, though building collapse is not only due to cement type, the 42.5R cement is 100 per cent better for block moulding, adding that the 32.5R cement is only good for plastering. On his part, the National Chairman of Block Makers Association of Nigeria (BMAN), Alhaji Rashidi Adebowola, said that the facility tour was to acquaint members on the art of making cement. He added that there is the need for the country to always insist on maintaining standard, saying that they were better informed on the differences between the 32.5R and 42.5R cement grading.

sumers through the zero tolerance to standard products initiative of SON. It also provides an opportunity to participants to exercise for sound health,” he added. Odumodu said that the World Standard Day celebration on October 14 of every

year is coordinated by three international standardisation bodies, which are the International Organisations for Standardisation (ISO), the International Telecommunication Union (ITU) and the International Electro technical Commission (IEC).

Automobile assembly line

Centre identifies how to achieve viable automobile industry PANACEA Centre hinges robust automobile industry on development of steel sector

entre for Automotive Design and Development, Federal Ministry of Industry, Trade and Investment (FMITI), has said that the country’s iron and steel industry must grow from its current state of importing entire flat steel sheet and alloy profiles needed for automotive manufacturing for a successful take off of automobile industry and assembly plant in the country. Executive Director of the centre, Dr. Fidelis Achiv, an engineer, said this in a paper he presented at 4th National Engineering Conference and Annual General Meeting (AGM) of Automotive Engineers Institute held in Kaduna. Achiv said that at the moment, Nigeria imports entire flat steel sheet and alloy profiles needed for automotive manufacturing. The paper titled: “The Development of a Sustainable Automotive Infrastructure in Nigeria” added that even with

the emergence of new materials such as composites which has resulted in drop in the use of steel for vehicle manufacturing, steel still account for over 50 per cent of the entire materials used for vehicle construction. He said that the nations’ steel currently could only serve the construction industry, stressing that the steel needs to be expanded to produce flat sheets and special alloys and profiles before it can serve the automotive industry. Achiv added that the foundries, forge shops and machine tool which play a strategic role in the development of auto industry are grossly underdeveloped as some of the vehicle parts are cast, forged or machined. He said that the linkage potential of foundries and forge shops are enormous and extensive as they provide the basic products required for machine building. Achiv noted that the centre, a parastatal under the supervision of FMITI, whose responsibility is to research, develop, and test vehicle prototypes using local capacity and develop the infrastructure of the auto industry as much as possible, among others, has produced some prototype vehicles, two

tricycles with a pick-up unit and a commuter version and two units of 800cc, four-stroke engine respectively. According to him, when the commercial production of these vehicles begins, it would bring about a massive boost to the development of critical infrastructures required for the auto sector in Nigeria. “The development of Nigerian automotive industry would bring about an expansive growth and development of other key infrastructures some of which include power, roads, housing estates, banks and robotics,” he said. In a welcome address, the Chairman of Automotive Engineers Institute, Austine Okolo, said that the need for robust framework for the development of automotive engineering in Nigeria can never be overemphasised. He added that the institute has been following with keen interest, the efforts being made by the industry, trade and investment minister and his team to bequeath on stakeholders a well-structured road map for the development of Nigerian automotive sector, urging the minister not to relent in his effort till the bill before the national assembly is signed into law.

Business | Industry

NEW TELEGRAPH THURSDAY, OCTOBER 16, 2014

Paper packaging firm saves Nigeria N.5bn INVESTMENT Newly opened firm will save the country not less than N500m Stories by Dele Alao

he newly-commissioned multi-million dollar Tempo Paper Pulp and Packaging facility, a subsidiary of Obasanjo Holdings Limited, in Ota, Ogun State, will save the country about half a billion naira that goes into importation of packaging products annually, the Minister of Industry, Trade and Investment, Olusegun Aganga, has said. Aganga further said that the confidence of investors in the Nigerian economy was growing by the day, insisting that the level of investment that has gone into the economy

in the last couple of years is a demonstration of the level of confidence investors have in the economy. He described the paper packaging facility as unique and the first of its kind in West Africa, noting that the investment was part of efforts by government to reduce the importation of materials that could be produced locally. The minister said that Nigeria should be able to boost intra-African trade through the establishment of more of these and other companies. Aganga who disclosed that the country presently has commitment from local and foreign investors also noted that many automobile companies have expressed interest and readiness to come to Nigeria to assemble vehicles. Tempo Paper Pulp and Packaging Limited manufactures Bi-axially Oriented Polypropylene (BOPP) film

that caters for the flexible packaging requirements of various industries in Nigeria and beyond. Earlier in his welcome address, the managing director of the company, Seun Obasanjo, had said that the journey to the establishment of the company was a long one starting from egg tray production with reasonable success, nylon bags, paper carton to cement woven bags and completed with ordinary woven bags. “We decided that we could venture into BOPP which is the next higher level in packaging industry, with encouragement and necessary financing. We have never been pioneer in all other aspects of packaging that we have embarked upon.

Firm wins corporate leadership award N

L-R: Lagos State Commissioner for Transportation, Kayode Opeifa; Head, Public Policy and Public Affairs, Guinness Nigeria Plc, Michael Onuoha and Senior Special Assistant to the Governor of Lagos State on Transport Education, Dr. Mariam Masha, at the Guinness Presentation of T-shirts to the Ministry of Transportation in Lagos

Going into BOPP as a pioneer in Nigeria and only surpassed by South Africa and Egypt, was an article of faith, courage and belief in Nigeria,” he said. He explained that they began with seeking 85 per cent loan funding from Commerz Bank of Germany, guaranteed by the Zenith Bank of Nigeria, which was fairly well settled without much hitch. “We approached Guaranty Trust Bank for a $15 million loan to cover factory building, gas-powered generator of 5.5MW and working capital. “This was agreed. Before disbursement, the financial crisis set in and GTB backed out of the entire loan agreement, and only agreed to $5 million for the generator.”

igeria’s foremost manufacturers of world class electricity meters and metering solutions, Momas Electricity Meters Manufacturing Company Limited (MEMMCOL), has won the 2014 African Governance and Corporate Leadership Award. The award was bestowed on the company by the Institute for Government Research Leadership Technology recently in recognition of its quality service and best practice in electricity meter manufacturing and vending/billing applications. It was presented to the company during the Ben Nwabueze Constitutional Law Public Lecture Series 2014 with the theme ‘Constitutional Democracy’ and organised by the Institute, which was held at the Nicon Luxury Hotel, Abuja. Presenting the award to the MEMMCOL, Deputy Chairman of the Institute, Professor John Ndanusa Akanya (OON), commended the management

of the company for its commitment to quality service delivery in electricity meter manufacturing and vending/ billing applications. Akanya noted that MEMMCOL through its huge investment in electricity meters manufacturing has put Nigeria in the league of technological advanced countries. In his remarks, the Chairman, MEMMCOL, Kola Balogun, an engineer, said that the award is a testimony and recognition of the company’s contribution to national development in the critical power/ energy sector. He said: “We are delighted to receive this award which recognises a major step forward in our effort to contribute to the development of the power sector in Nigeria. We are indeed honoured to have been recognised by the Institute, we pride ourselves as world-class manufacturer of electricity meters and software solution provider.”

Over 1,000 local, foreign exhibitors to participate at Lagos trade fair EXHIBITION LCCI gears up for 2014 Lagos international trade fair

ot less than 1,000 local and foreign exhibitors are expected at this year Lagos International Trade Fair. Exhibitors are being expected from Japan, China, Taiwan, Argentina, Vietnam, Cameroun, Egypt, Indonesia, Pakistan, India and European Union Countries. Vice President and Chairman, Trade Promotion Board, Lagos Chamber of Commerce and Industry (LCCI), organisers of the fair, Dr. Michael Olawale-Cole, said that the exhibi-

tors would occupy the targeted 40,000 exhibition spaces of the three interconnected ground, namely the TBS Main Bowl, the Cricket Pitch and Arcade Car Park. “The chamber has been able to ensure proper management of the challenges of the venue to ensure a successful hosting of the fair,” he said. Olawale-Cole, who noted that the chamber has consistently hosted the fair for the past 27 years, said that the fair has become the biggest and the best in West and Central Africa, “this is a testimony of the chamber’s commitment to promotion of trade and the advancement of the Nigerian economy”. “Therefore, in keeping our promise and commitment to the world that we will do all

within our power to continue to provide economic and commercial bridges between local and International investors, we shall continue to provide a platform to broaden the horizon and scope of investment opportunities for our exhibitors and visitors alike,” he added. He said that this year’s theme: Promoting the Nigerian Economy as a preferred investment destination, with a population of over 170 million people and the latest rebasing, it has become imperative to further expose the potentials of the Nigerian economy to both indigenous and international business people. As the chairman unveiled the 13 Goodwill Ambassadors for this year’s fair, he stated that the chamber needs the

support of eminent and worthy Nigerians from diverse sectors of the economy. “We have therefore identified upward mobile Nigerians in various field of endeavour to support us in our quest to ensure a better business environment in Lagos in particular and by extension, the whole of Nigeria,” Olawale-Cole said. President Goodluck Jonathan is expected to declare the fair open on Friday November 7 and would be supported by the Minister for Industry, Trade and Investment, Olusegun Aganga; Governor of Lagos State, Babatunde Fashola; President of National Association Of Chambers Of Commerce, Industries, Mines And Agriculture (NACCIMA), Mohammed Badaru Abubakar and the Diplomatic Corps.

President LCCI, Alhaji Remi Bello

THURSDAY, OCTOBER 9, 2014 NEW TELEGRAPH

ICT

Nigeria next global frontier for investment – MTN p.37 With most telecoms services provided through wireless means in Nigeria, thereby requiring telecoms firms to get adequate spectrum to be able to provide efficient services, stakeholders say introduction of a spectrum licensing regime may be good option for the regulator, writes KUNLE AZEEZ

‘90% undersea cables in Nigeria under-utilised’ p.38

Creating new option for spectrum availability ket so as to increase broadband penetration five-folds in the next four years, as broadband penetration currently stands at about 6 per cent, according to Minister of Communication Technology, Dr. Omobla Johnson. This target also puts pressure on the regulator to roll out more licences. However, industry stakeholders at the recent Telecoms Executive and Regulator Forum organised by the Association of Telecommunications Companies of Nigeria (ATCON) have identified the inadequacy of spectrum as a threat to deploying broadband services, clamouring for a new option to ensure spectrum is available to the new operators that will drive broadband services, especially the Infrastructure Companies (InfraCos) and other new entrants into the broadband market.

igeria lacks the needed fixed telecommunications infrastructure that can allow operators in the country to provide telecommunications services to its growing telecoms consumers. New Telegraph learnt that this development has, however, created a situation where over 90 per cent of both voice and data services are provided using wireless means of service delivery. To provide services using wireless means, which most Global System for Mobile Communications (GSM), the Code Division Multiple Access (CDMA) and fixed wireless operators are doing today, there is the need for spectrum licences. Spectrum is radio frequency allocations licensed to telecoms companies to be able to deploy their wireless services. Technically, the spectrum is limited and this is the situation Nigeria is currently facing, as there seems to be scarcity of spectrum with industry stakeholders clamouring for the release of more spectrums by the regulator to drive the vision of providing mobile broadband services to the generality of the country. According to them, with an auspicious target by the Ministry of Communication Technology and the Nigerian Communications Commission (NCC), the industry regulator, to deepen broadband penetration by 30 per cent by 2018, industry experts say the regulator must devise a new means of ensuring that more spectrum is made available to existing operators that want to expand their operations and for new players into the market. Major licences The deregulation of the telecommunications market was marked by the passing into law of the Nigerian Communications Commission Act 1992, which allowed private companies to participate and invest in the development of the country’s telecommunications infrastructure and services. With the inauguration of the industry regulator, the monopoly of state-owned incumbent

Telecom infrastructure

National Telecommunications Limited (NITEL) came to an end and several private telecoms operators were licensed in 1996 to compete in the market. In 2001, the Commission licensed three Digital Mobile Operators through an Auction process that was widely adjudged to have been highly successful and transparent. This was followed by the licensing of a Second National Carrier and the fourth Digital Mobile Operator in 2002. The Nigerian Communications Act was signed into law in 2003 to strengthen the regulatory framework as well as to enhance the independence of the Regulator. By the end of 2004, there were two National Carriers, four Digital Mobile Operators and 24 Fixed Telephony Providers (of which six were FWA Operators). In 2006, the Commission introduced the Unified Access Service Licenses (UASL) regime to enable operators take advantage of convergence in services and technology in order to offer better services. In 2007, the Commission awarded a further UASL and spectrum license to Emerging Markets Telecommunications Services (EMTS). This brought the number of parties with national mobile licenses to five. In addition, in 2007, the Commission awarded licenses to the following companies in the stipulated bands: Visafone in the 800MHz band; Alheri Engineering Company Limited in the 1900/2100MHz band: Celtel Nigeria Limited (Now Airtel Nigeria) in the 1900/2100MHz band; Globacom Limited in the 1900/2100MHz

There are so many redundant licences today which are not being put into use and there is a need for NCC to work on this in its bid to make more services available new players

band and MTN Nigeria in the 1900/2100MHz band. In 2008, the Commission issued International Submarine Cable Infrastructure and Landing Stations services license to Main One Cable Company Limited. This is followed in 2009 with the award of the 2.3GHz Spectrum to Spectranet Limited and Mobitel Nigeria Limited. In 2010, the Commission issued International Submarine Cable Infrastructure and Landing Stations services license to MTN Nigeria Communications Limited. In 2012, the Commission also issued International Submarine Cable Infrastructure and Landing Stations services license to ETG Integrated Services Limited. In 2014, the Commission, through an auction process, awarded a frequency licence in the 2.3 GHz band to Bitflux Communications Limited. This was bundled with a Wholesale Wireless Access Service Licence (WWASL) and it was the last spectrum licence auction did in an effort to drive broadband services in the country. Spectrum inadequacy Today, all these licences issued have resulted in positive outlook for the sector. For instance, Nigeria’s telecoms industry has over 132 million active subscriptions and 67 million internet users with the industry contributing 9.25 per cent to the nation’s Gross Domestic Product (GDP). However, with voice market gradually becoming saturated at 93 per cent teledensity point, the NCC has declared that the next phase of revolution for the sector is to develop its broadband mar-

Way forward Speaking at a panel discussion with the topic ‘How Do We Ensure Effective Utilisation of Licensed Spectrum’ at the ATCON event, stakeholders urged the NCC to introduce a spectrum-trading regime, where a winner of a spectrum is able to sell to other operators to deploy services in areas where the licence holder lacks the ability to deploy services. The Chief Executive Officer, Radial Circle, Mr Ranti Omole, prominently championed this idea. Similarly, Chief Executive Officer, Swift Networks, Mr Charles Anudu, noted that “there are so many redundant licences today which are not being put into use and there is a need for NCC to work on this in its bid to make more services available new players.” Chief Executive Officer, Vodacom, Guy Clark and Chief Executive Officer, Global Access Technology, Mr Tony Nwosu, also reiterated the need for the regulator to introduce ‘spectrum trading market regime’ to bring inactive licences to functional uses with a view to achieving broadband targets in the country. Reacting, Executive Vice Chairman of NCC, Dr. Eugene Juwah, also said that the spectrum trading market is one thing that the Commission is considering so as to ensure spectrum availability to take the industry forward. He also promised that following the licensing of the 2.3 gigahertz spectrum early this year to Bitflux, the Commission will auction the 2.6 gigahertz before the end of the year and work closely with the National Broadcasting Commission (NBC) to ensure that the digital dividend spectrum is made available for telecoms industry by 2015.

Business | ICT

NEW TELEGRAPH THURSDAY, OCTOBER 16, 2014

Nigeria to begin local production of SIM cards POOR FUNDING The collapse of Code Division Multiple Access (CDMA) operators blamed on inadequate finance Stories by Kunle Azeez

igeria will soon commence the manufacturing of Subscriber Identity Module (SIM) cards locally as part of the on-going consciousness to develop local content in the na-

tion’s telecoms sector. “All SIM cards are to be manufactured locally soon,” Executive Vice Chairman of the Nigerian Communication Commission (NCC), Dr Eugene Juwah, said in Lagos. Juwah said that though such a policy might not be popular with some stakeholders, “it is part of the measure to encourage local content in the industry.” The NCC boss explained that such an initiative will be a product of a local content policy being championed by the National Information Technology Development Agency

L-R: Chief Executive Officer, Ceragon Networks, Mr Bekele Tadesse; Presdent, Association of Telecoms Companies of Nigeria, Mr Lanre Ajayi and Executive Vice Chairman, Nigerian Communications Commission, Dr Eugene Juwah, during the Telecoms Executives and Regulators Forum organised by ATCON in Lagos.

Minister, others get ICT Centenary Awards

inister of Communications Technology, Dr Omobola Johnson, are among leading Nigerian women in the Information Technology (IT) industry that received the ICT Centenary Award in Abuja last week. Other awardees include the Group Managing Director of Omatek Ventures Plc, Mrs Florence Seriki; Managing Director of Mainone Limited, Ms Funke Opeke and the Permanent Secretary, Federal Ministry of Agriculture, Mrs Ibukun Odusote. The event, organised by the ICT Media Initiatives, was used to mark Nigeria’s centenary celebration, which began earlier this year. Speaking at the forum, Chairman of the ICT Media Initiative, Mr Aaron Ukodie, noted that the event became necessary because while several Nigerians got accolades and while several sectors of the economy rolled out drums to celebrate their contributions to the Nigerian state, there was no significant mention of the ICT sector’s contributions to the country and the economy. Ukodie stressed that individuals, corporates and insti-

tutions that had contributed, in no small measures, to the development of ICT sector, as the biggest contributor to Nigeria’s global recognition, were the focus of last week’s awards in order to motivate them for greater contributions to the country’s economic growth. He noted that in the last 15 years, the most significant and valued sector of the economy, in terms of value creation at the micro and macro aggregation to the Nigerian economy, has been the ICT sector. According to him, “apart from President Jonathan who through pro-active policy initiatives on the national broadband plan, the cyber-security national strategy and plan, as well as micro and macroeconomic policies that have sustained the growth in the telecoms sector, and increased Foreign Direct Investments (FDIs) inflow, other Nigerians, including these women have also invested creatively in the sector to compliment the efforts of the Nigerian government.” Ukodie stated that the ICT sector had made significant impact on the lives of the urban and rural dwellers as well

as the industries and the farming population. He said that efficiency matrix in Nigeria had recorded positive strides because of the contributions of the ICT to the lives of the individuals, government machineries and the processes and procedures in the private sector. The event, drawn on substantial goodwill and supports from the private and public sectors including the Nigerian Communications Commission, the National Information Technology Development Agency (NITDA), the Nigerian Satellite Communications Limited (NIGCOMSAT Limited) the National Broadcasting Commission (NBC) and the National Identity Management Commission (NIMC). Other individuals, who were at the event include the immediate past Executive Vice Chairman of NCC and Chairman of OpenMedia, Dr. Ernest Ndukwe; Managing Director of Comuter Warehouse Group, Mr Austin Okere; Chairman of Zinox Computers, Mr Leo Stan Ekeh; Managing Director of SystemsSpecs, Mr John Obaro, and Florence Seriki of Omatek.

(NITDA), which is responsible for the formulation and implementation of overall ICT policies in the country. Nigeria currently has over 170 million connected telephone lines even as findings show that majority of the phone lines are SIM cards sold to telecoms subscribers which they slot into their mobile devices to access telecoms services. Up till now, SIM cards are manufactured by the operators outside Nigeria and then ship into the country, resulting in capital flight in the industry and loss of potential jobs that could have been created locally. Meanwhile, Juwah has explained why NITDA is saddled with the responsibility of driving local content development in the ICT industry while NCC is to focus on infrastructure expansion and improved competition. He said: “Let me tell you why NITDA is in charge of driving ICT local contents. The world has moved on from telecoms to ICT and NITDA is in the space of regulating the gamut of ICT industry and we feel it is not far-fetched for an establishment like NITDA

to handle all matters of local contents in the ICT industry. “So, the issue of local content is not under the purview of the NCC but part of the mandate the Act establishing NITDA. However, what we can do is to listen to people’s views and inputs on local contents and we then take those views, as NCC, to NITDA to incorporate into its planning and programmes.” Meanwhile, the NCC boss has blamed the collapse of the layers in the Code Division Multiple Access (CDMA) of the nation’s telecoms sector on poor financial muscle to withstand the competition in the sector. “Telecoms business is capital-intensive. If you are coming into the industry, you have to come with adequate funds. As we have found, CDMA operators are dying because they are not well-capitalised. They live on loans and at some point, they cannot sustain the loan. “That is why we are looking up to foreign companies with financial muscle to handle bigger jobs in the industry while local companies without enough financial muscle handle smaller jobs,” he said.

Nigeria next global frontier for investment – MTN N igeria’s largest telecoms operator, MTN, through its corporate social responsibility vehicle, MTN Foundation, has said that Nigeria and other countries in Africa hold the next global frontier for investment. Executive Secretary of the Foundation, Ms Nonny Ugboma, stated this at the 2014 edition of the Corporate Social Responsibility (CRS) West Africa Summit, which held in Lagos. The summit focused on critical sectors of development such as employment, education, local community development and the environment. It is a forum that brought governments, policy makers, corporate organisations, non-governmental organisations (NGOs), regulators and social enterprises together to discuss CSR and its effects on the social and economic development of the West African sub-region. The summit also served as a platform to engage attendees from the different economic and social sectors on how to adopt long-term sustainability frameworks, leverage stakeholders’ engagement, design positive CSR initiatives and encourage partnerships as well as networking. While presenting the paper titled: “How do you create a sustainably-led organisation,” Ugboma said that Africa is the next global frontier opening up to huge opportunities for

investments. She, however, stated that for businesses to succeed and attract the level of investment that will propel the continent’s economic growth, they must operate within a healthy and stable society. “A sustainable business model should involve its host community regardless of what challenges they are facing. A sound community involvement strategy in line with a company’s overall business and corporate responsibility strategy can help organisations achieve business successes,” she added. She also advocated the adoption of corporate social investments and sustainability as business models.

Minister of Communication Technology, Mrs Omobola Johnson

Business | ICT

DIVESTMENT Zinox plans investment in an ‘intelligent hub’ that would support end users of ICT products Stories by Kunle Azeez

ollowing the recent injection of N18 billion into one of its subsidiaries, TD Mobile, Zinox Group said that it is planning a public listing of the Nigerian conglomerate by early 2017. The company said that the proposed listing on the Nigerian Stock Exchange (NSE) was

THURSDAY, OCTOBER 16, 2014 NEW TELEGRAPH

Zinox Group plans listing by 2017 to drive an ambition to be the biggest ICT group in Africa. According to the Chairman of Zinox Group, Mr Leo Stan Ekeh, who disclosed this, the planned listing would boost the profile of the Nigerian company, with footprints in PC assembly, distributions, and IT project implementation in both private and public sectors. “All the time, people ask me when we are coming to the market. Indeed, we would also go to the market, but there is a roadmap we are following. We would

L-R: Chief Executive Officer, Omatek Ventures Plc. and President, Information Technology Association of Nigeria (ITAN), Mrs Florence Seriki; Managing Director, Heclo International Enterprises, Mr Oamen Okhilua; Chief Executive Officer, Programos Software Group, Mr Emmanuel Amos, and others at the Nigerian Pavilion when delegates marked Nigeria’s 54th Independence Day celebration at the World Congress on IT in Mexico.

E-frauds: Electronic payment providers proffer legal solutions

he Electronic Payment Providers Association of Nigeria (E-PPAN) is gathering stakeholders in the electronic payment space to proffer effective legal solutions to the increasing cases of electronic frauds in the country. According to the Nigerian Interbank Settlements System (NIBSS) Nigerian banks lost a total of N159 billion to electronic frauds between 2000 and first quarter of 2013. In 2013 alone, the Central Bank of Nigeria (CBN) said that an estimated N40 billion was lost to various cases of cyber frauds by the banks. However, next month, the legal challenges and solutions to the e-payment sector will dominate discussion at this year’s 5thAnnual Fraud Conference of E-PPAN with the theme: “Unbundling the criminal justice process in a digital economy.” The conference, scheduled to hold on November 4, 2014, at the Four Points by Sheraton Hotel, Victoria Island, Lagos, will attract participants from both private and public sectors. According to the Executive Secretary and Chief Ex-

ecutive Officer, E-PPAN, Mrs Onjite Regha, the criminal justice process in investigating, prosecuting and adjudicating electronic crime plays a critical role in tracking down the perpetrators of financial crimes and bringing them to justice. “Yet, within many organisations particularly financial institutions, there remain questions about when, how and what the process entails. Questions such as: What is the role of a financial organisation in a fraud investigation? When can the financial industry engage law enforcement agencies and how can they give evidence without compromising their confidential commitment to their customers?” She explained that the aim of the conference was to provide a clear understanding and enlightenment of the criminal justice process in a digital economy. She added: “Furthermore, collaborative opportunities between the industry, law enforcement agencies and the judiciary will be explored and evaluated while sharing experiences on how to minimise and or eradicate inadequacies in our criminal procedures, in-

vestigation and adjudication. “The forum will also delve into the future challenges and on brainstorm solutions to achieve a smooth and speedy prosecution of financial crimes.” According to Regha, this year’s conference would be focused on the need to lay the foundation for a robust and successful criminal justice process and to raise awareness about the critical need in addressing electronic fraud as the cashless initiative goes nationwide. She added that E-PPAN was hosting the conference as part of a national campaign, which would deliver the roadmap for a speedy investigation, prosecution and adjudication of financial crimes. “Key issues such as legal challenges and solutions in fighting electronic fraud; investigating electronic fraud across traditional jurisdictional boundaries; industry role and responsibility in the criminal justice process of electronic fraud amongst others will be discussed to give practicable solutions to achieving closure: meeting the legal process with the industry evidence,” she said.

get listed on the stock market, but that is after achieving number one position in the whole of Africa by 2017,” he said. Ekeh, however, advised stakeholders in the industry to expect major global positive disruptions in the ICT sector, urging them on the need to be prepared to take advantage of the disruptions. Meanwhile, after successfully unveiling TD-Mobile, an arm of Technology Distributions Limited, sub-Saharan Africa’s leading ICT distributions firm, Ekeh said that the Zinox Group will launch an intelligent hub in November. According to him, the intelligent hub billed for launch next month would support end users of ICT products from credible brands. Meanwhile, the TD Mobile unveiling, which had in attendance dignitaries from corporate Nigeria, led by the Chief Executive Officer of Etisalat, Mr Matthew Wilsher; Group Managing Directors of UBA, Fidelity Bank and Access Bank, Philip Uduoza; Nnamdi Okonkwo; Albert Wigwe respectively, was boosted with performance from artistes such as Naeto C, JMartins, Inyanya, Teckno Emma Nyra and a host of others. Speaking at the launch, Business Manager of TDMobile, Mrs Gozy Ijogun, cited the desire to win and to further expand the frontiers of Internet access as driving motivation behind the launch of TD-Mobile. She explained: “We are well aware that despite the increasing growth rate in the

ICT industry, over 60 per cent of Nigerians still have limited access to the Internet. “TD-Mobile is the window to the world of access. Our aim is to bridge the divides between the rich and the poor, between the young and the old, between East and West and between North and South through the distribution of a range of smart devices such as phones, phablets, tablets, laptops, mobile printers and devices. We are focused on distribution of genuine Mobile devices through our hundreds of partners that will radically change the way we live and do business.” She commended partner organisations such as HP, Nokia, Toshiba, Dell, Lenovo, IBM, among others as well as TDMobile Team for the support and hard work, which went into making the launch a reality. Also, the Managing Director of HP Computers, Ime Umoh, described the launch of TDMobile as a timely response to the dynamic and changing face of the industry and end-user requirements. In his keynote address, Wilshire saw congruence between the indefatigable Nigerian spirit and the launch of TDMobile. He stressed: “I have been in this country for only about 18 months, but I have been impressed about a number of things with this country. The most striking is the people. Nigerians are a resilient, vibrant people who love to take on new challenges and this is crystallized in the launch of new companies as the one we are witnessing today.

Firm tasks govt agencies on ICT infrastructure safety

nformation and Communication Technology firm, MainOne, has called on government agencies, maritime bodies and other stakeholders with responsibilities in seabed use to join hands in the clamour for the protection of submarine cables and other critical Information Technology infrastructures in the country. The company made the call at the 2nd Cable Protection and Awareness workshop, held in Lagos recently. The workshop, which sought to promote awareness of the strategic, economic and social benefits of submarine cables, especially to all stakeholders involved in seabed use, focused on the significance of cables as critical information infrastructures. The company said that the submarine cables constitute infrastructures, whose availability, reliability and resilience are essential to the functioning of a modern economy, security, and other essential social values systems. As convener of the annual workshop, MainOne hosted submarine cable companies, oil

and gas companies, cable maintenance bodies, and regulatory agencies tasked with maritime safety and protection and environment responsibilities such as the Nigerian Ports Authority, Nigerian Maritime Administration and Safety Agency and the Nigerian Institute for Oceanography and Marine Research, among others. The company’s Regulatory Manager, Ms Oluwakemi Adeyanju, at the event, explained that the annual cable protection workshop ties into the global protection initiative organised by the International Cable Protection Committee to sensitise stakeholders on the critical role of cable protection. “We need to provide a collaborative, industry-wide framework for the protection of this critical infrastructure, and jointly tackle challenges QoS issues arising from infrastructure deficiencies. This workshop thus provides us an avenue to build ecosystems that assist enterprises in their stride for growth, and expediting the speed of broadband penetration across Nigeria and the West African sub-region,” she noted.

Business | ICT

NEW TELEGRAPH THURSDAY, OCTOBER 16, 2014

‘90% undersea cables in Nigeria under-utilised’ COST REDUCTION The licensing of companies (InfraCos) by the regulator will accelerate capacity distribution and reduce cost in Nigeria Stories by Kunle Azeez

nly about 10 per cent of the total capacity of undersea cables in Nigeria is currently being utilised, New Telegraph has learnt. As such, 90 per cent capacity on the submarine cables, whose proper usage should

provide massive and pervasive telecoms services for Nigeria, is still being underutilised. A submarine communications cable is a cable laid on the seabed between land-based stations to carry telecommunication signals across stretches of ocean. The country currently has about 10 terabit capacity of bandwidth on the country’ shores made available with the presence of a number of international undersea cables in Nigeria. The cables include the SAT3 belonging to the National Telecommunications Limited (NITEL); MainOne cable, Glo 1 cable and the West African Cable System (WACS) belonging to a consortium led by MTN.

With the presence of these cables, all with landing points in Lagos, experts have said that by ensuring last-mile connectivity of the bandwidth capacity on the cables across the nooks and crannies of the country, the country would experience unprecedented ubiquitous telecoms services, especially broadband, which is the next frontier of revolution in the country. Telecoms industry regulator, the Nigerian Communications (NCC), is currently planning licensing of seven Infrastructure Companies (InfraCos) each in the six geopolitical zones and the Federal Capital Territory, Abuja, which will get capacity on the submarine cables to provide services in their area of operation.

Speaking on the development at a forum organised by the Association of Telecoms Companies of Nigeria (ATCON) in Lagos, the Chief Executive Officer, Ceragon Networks, Mr Bekele Tadesse, lamented that “Only 10 per cent of the capacity on the submarine cables in the country was currently being utilised,” stressing that the licensing of InfraCos by the regulator would further accelerate the usage of the capacity on the cables to provide seamless telecoms services to Nigerians. “The InfraCos is a revolution on its own. It is a big revolution because it is the only way to have the undersea cables, whose majority of capacity has been under-utilised. However, whether the licens-

ing of InfraCos will create monopoly is what I don’t know,” he said. Speaking in the same vein, the Chief Executive Officer, MainOne, Ms Funke Opeke, said that the disruptive nature of the InfraCos is necessary because of the slow pace of capacity distribution in the country. “Currently, there is limited distribution of infrastructure and the coming on board of InfraCos will also help in taking the capacity from undersea cables to different parts of the country. This is why we feel that the Open Access Model of the NCC, which is bringing about the licensing of InfraCos will also bring down the cost of distributing services to all Nigerians,” she added.

Etisalat takes student empowerment initiative to UNILAG

ollowing its success in Ebonyi State University, Etisalat’s Nigerian student empowerment initiative, Cliqfest, is getting to its peak as the programme is set to climax at the University of Lagos today. Head, Youth Segment at Etisalat, Mr Elvis Daniel, explained in a statement that the youth empowerment programme, which has visited several tertiary institutions nationwide, was aimed at motivating Nigerian youths to keep pursuing their dreams. “Etisalat Cliqfest is a festival of sports, entertainment and education, designed to help Nigerian tertiary institutions produce balanced, confident students who are well equipped for the challenges of a rapidly evolving world,” he said.

He said that laptops, mobile phones and many other amazing prizes were won by students of the university during Cliqfest’s second billing. The excitement, however, peaked when 400 level Food Science and Technology student, Edokobi Obiamaka, won the grand prize of a brand new car during the raffle draw. Overwhelmed by her good fortune, Edokobi thanked Etisalat for bringing Cliqfest to Ebonyi State University for the second time. “The first event was great, but I did not win, so I had been praying to win this car ever since I heard that Cliqfest would be back in our school. I am so happy that my dream came true today” the statement quoted Obiamaka as saying.

Telco partners Microsoft, Intel on rural ICT services

ne of Nigeria’s telecoms operators, Airtel Nigeria, has partnered with Microsoft, the world’s foremost software company and Intel, one of the largest chip makers in the world, to promote Information and Communication Technology (ICT) service penetration in rural communities of Lagos and Ogun states. The telecoms network said that the collaboration is coming two weeks after the telco flagged off its empowerment and enlightenment campaign dubbed ‘Boost ICT Usage in Rural Areas’ in Western Nigeria, in continuation of its initiative aimed at boosting data awareness in rural communities across the country. According to Airtel, the partnership with the two ICT giants will further enrich the programme and create unique experiences for participants in Lagos and Ogun states. As part of the partnership, the two ICT companies will provide digital literacy curriculum content and smart mobile devices through which participants

will be able to experience, view and download content using Airtel data. The Lagos activities took place at Ibowon-Epe, whilst that of Ogun will follow at Osiele Community town hall, along Olu of Osiele’s Palace Road, Osiele, Abeokuta. According to Airtel’s Chief Commercial Officer, Maurice Newa, “the programme was initiated to empower consumers in these underserved communities to have first-hand experience of the company’s superior data services with no financial implication to the consumers.” Newa said that the campaign was designed to empower rural dwellers with basic ICT skills, enabling them to use smartphones, laptops and tablets to surf the World Wide Web and connect with friends and family members via the Internet. Speaking on the collaboration, Director, Consumer Channel Group, Microsoft Nigeria, Mr Mark Ihimoyan, reiterated the company’s commitment to the development of ICT awareness in rural Africa.

L-R: Field Applications Officer, Intel, Mr Oluwatobi Shada; Trade Marketing Manager, Airtel, Lagos East, Ms Peace Davids; Territory Sales Manager, Airtel, Mr Adewole Peter; Director, Consumer Channel Groups, Microsoft, Mr Mark Olubusayo; Lagos Area Business Manager for Data, Airtel, Mr Bruno Okorie and Business Devevlopment Manager, Intel, Ms Folakemi Oyekanmi, during an Airtel ICT rural awareness campaign at Ibowon Community, Epe in Lagos.

Group seeks global focus on Africa’s ICT market

resident of the Information Technology Association of Nigeria (ITAN), Mrs Florence Seriki, has called for more attention on the development of Information and Communication Technology ICT market in Africa. She made the call because of the huge potential that abounds in the region. Mrs Seriki, who is also the Chief Executive Officer of Omatek Ventures Plc., made the call following her election as the new vice chairman of the African region for the World Information Technology and Services Advisory Board (WITSA) in Mexico recently. WITSA, organisers of the World Congress on Information Technology (WCIT) in Guadalajara, Mexico, is a consortium of associations from the Information and Communications Technology (ICT) industry around the world. Founded in 1978, the group represents over 90 per cent of the world ICT markets, through its global membership, and has a goal of advancing the growth and development of the ICT industry. It participates in advocacy in international public policy that affects the global information

infrastructure. With her election, Mrs Seriki will join other elected members including Nizar Zakka who will represent the Middle East and North Africa; Yannis Sirrors for Europe; Boris Komrakov for Europe; Silvia Bidart for Latin America; Takashi Igarashi for Asia Pacific and John Kyle for the Carribean to steer the ship of the global IT body for the next two years. The ITAN president made similar show last year, when she led Nigerian IT industry operators to the Gulf Information Technology Exhibition (GITEX) in Dubai. Also with her election, Nigeria becomes one of the four countries in Africa to retain its seat on the advisory board of WITSA. Other African countries represented on the board are Egypt, Kenya and South Africa. In her presentation shortly before the election, Mrs Seriki told the meeting that the time was ripe for Africa to take its pride of place in the scheme of IT development in the world. She said that in her new role as African representative, she would reposition Africa for economic development. “There was a need for the

world to focus more attention on the development of ICT in African continent because of the huge potential that abound in the region,” she said. Although she noted that enabling policy development had been the bane of growth of the sector, Mrs Seriki said this has informed her doggedness and determination to ensure that Africa is well positioned in terms of policy development. She hinted that Nigeria and Ghana had adopted the local content development initiative that would enable both countries develop its local potential in the area of IT. Seriki noted that this would lead to creation of more jobs for the citizens of both countries, stressing that “we are fighting for enabling policy to make Nigeria and Africa grow its economy.” She further said: “We have started production of locally manufactured IT products to forestall Africa becoming a dumping ground for the world. We will no longer be a continent for dumping ground of finished products from around the world. We can make something that will compete with every other product on our own.”

THURSDAY, OCTOBER 16, 2014 NEW TELEGRAPH

Features

Sun leadership summit: Making women count Experts, stakeholders, technocrats, among others, converged on Asaba, Delta State for The Sun Leadership Summit to crate pathways to leadership positions for Nigerian women, reports DOMINIC ADEWOLE

he truth of the three-day women leadership summit organised by The Sun Publishing Limited, publishers of The Sun newspaper in Asaba, Delta State, is now incubating in the womb of time. Neither time nor circumstance will obliterate or dampen the imports of the hidden truth in the historical, landmark and epoch-making summit in the minds of the host, Governor Emmanuel Uduaghan, his wife, Nere Roli, and other top government functionaries, who outlined plans for the future of every Nigerian woman and how best to design their common destiny. The summit, which attracted men and women of high calibre, including monarchs of great repute, captains of industry, technocrats, lawmakers from state and National Assemblies, journalists, triggered action plans for the future of every Nigerian woman. While Uduaghan, who declared open the summit, held at the Event Centre, Asaba, was categorical that the men-dominated world, as it is happening in Nigeria, would continue to exploit the feminine world to its advantage, because women have not been able to break the jinx of local, state and Federal governments in their desire to protect the interest of the ruling class. The governor said that unless they (Nigerian women) desist from the ‘pull-her-down syndrome,’ their dream of winning in a highly mendominated world would be a ruse. According to him, women should always cooperate among themselves so as to harness their potential to the fullest if they must excel in their various fields of endeavour. He said: “Women must come together to win in a highly dominated man’s world of today. Women must agree to work together if they must win in elections by refusing to be manipulated by men. They must resist to be used against their fellow women by men.

ABIODUN BELLO FEATURES Editor

abiodun. bello@newtelegraphonline.com

Uduaghan (second right), his wife, Roli (right) Adesina (second left) and Commonwealth Gold Medalist, Miss Blessing Okagbare at the Gala Night

Mrs. Uduaghan (left) and other women dancing at the event

“The men can manoeuvre their ways, especially in politics, but it is difficult for women to do so.” Prior to Uduaghan’s eye-opening speech, the Chairman of the occasion, the Majority Leader of the House of Representatives, Hon. Mulikat Akande-Adeola, had expressed hope that the summit would provide women the opportunity to be involved in the country’s decisionmaking process. The former Chairman of the Economic and Financial Crimes Commission (EFCC), Mrs Farida Waziri, lauded Uduaghan for running a transparent administration, especially for not crossing her path when she held sway as the anti-graft lord in Nigeria. She said women must refuse to continue to protect the Nigerian factor or principle, which had failed them for decades. According to Farida, women must desist from being used by men to thwart the efforts of their counterparts in the area of political aspiration. She said: “The governor never crossed my part and I never crossed his while I was in EFCC; that is why I have the confidence to come to Delta State. I want to ask women not to lose

Women can actually produce a better generation for the country if the younger ones are properly mentored

their femininity, respect themselves, dress responsibly and at the end, they will earn respect. “He is a performing governor, following due process and he has done very well for his people. When I was coming, I thought I will have to land in Benin (Edo State), but was told there was an airport here. The Asaba International Airport that I saw is one of the best in the country. Your governor has performed well in infrastructural development. This is a challenge to women in politics.” As if that was not enough, the former Managing Director of Bank of Industry (BoI), Evelyn Oputu, said women across the world remained a good wrench to unlock a tightened men-dominated world of success. Oputu explained in her thoughtprovoking and inspirational keynote lecture that for Nigeria to have the status of a developed nation, the potential of women should be unlocked, because “women have the same traits with men”. She, therefore, tasked Nigerian women to be focused, universal and determined, if they must rule the world. But if women must rule the world, they must be healthy and refreshed for the task ahead, said

Dr Ann Ojumba, who tutored the participants on the topic: “The New Woman, Winning in a Man’s World, Your Health or Your Life?” Uduaghan, a medical doctorturned politician, who moderated Ojumba’s illuminating and inspirational lecture, expressed the hope that the summit had provided women the opportunity to be involved in the decision-making process of the country. He said: “The women must agree to work together, if they must win in elections by refusing to be manipulated by men and refused to be used as stepping stones.” Ojumba, told the likes of Senator Grace Brent, Oputu, Roli, Waziri, Akande-Adeola, and hundreds of participants to start influencing their health challenges by adhering strictly to the seven-pillars of health, which include taking refreshing water, resting/sleeping for six to nine hours per day, and eating living food, daily exercise of the body, constant medical check-ups and be happy. She said: “It will be difficult for any woman to win and rule the world without being in the state of grace.” The truth also unfolded at the gala-night, which climaxed the threeday summit. There the governor said “women can actually produce a better generation for the country if the younger ones are properly mentored”. Uduaghan described the Nigerian women as intelligent, resourceful and highfliers in various fields of endeavour but required the right mentoring for them to achieve their potential. He said: “Develop the younger ones as the new women require mentoring, the easiest person to mentor is your daughter, train her up on the path to follow and she will excel. Our daughters are very sharp and doing well in school but they require mentors, please mentor the younger ones.” The governor explained that the state government sponsored the summit “as it was in tandem with the state government’s human capital development agenda” especially as the development of the women folk was germane to the development of the society. He said: “The Sun newspapers have been our strategic partners for progress. They have given us their medium to tell the world what we are doing and they also draw our attention to areas that we need to improve on. We appreciate The Sun newspapers team for the support they have given us.” Uduaghan also commended the recipients of the awards at the ceremony for their achievements in life, saying that they truly deserved the recognition. Before Ojumba hit the nail on the head, the Managing Director of The Sun, Mr Femi Adesina, had posited that the summit was an important forum to give women the opportunity to discuss the way forward. He commended the Delta State Government for hosting the maiden edition of the summit.

Business | Money Line

NEW TELEGRAPH THURSDAY, OCTOBER 16, 2014

ECA targets $200bn for Africa’s transformation FUNDS

Illicit financial flows, domestic resource mobilisation and climate financing top agenda at ECA confab Godson Ikoro

he United Nations’ Economic Commission for Africa (ECA) has said that over $200 billion in central bank reserves can be used to stimulate investments in African countries. ECA explained that more money had been lost to illicit financial flows than the those received in Overseas Development Assistance (ODA). This was disclosed at the ECA forum attended by Ivory Coast President, Alassane Ouattara, President of Senegal, Macky Sall, Prime Minister of Cape Verde, José Maria Neves, alongside hosts, the Executive Secretary of the ECA and the Prime Minister of Morocco. The ECA said that one

of the thematic at this year’s forum was new forms of partnerships. Welcoming guests, Morocco’s Prime Minister, Abdelilah Benkirane, was elated that the ninth African Development Forum (ADF) was being held in Morocco. Delivering a message from the King Mohamed VI, the prime minister said that Africa was emerging as a new pole of global growth. He added: “For this trend to be consolidated, however, we need to ensure that there is an overhaul of African economies, with a clear shift towards technology-intensive, high value added activities. To rise to this challenge, the financial aspect is of great importance.” Also, the ECA Executive Secretary, Dr Lopes, noted a refreshing new mind-set and type of leadership, both positive in its thinking and pragmatic in its actions. He noted the “new trend in Africa where policy thinkers and policy doers are becoming one. We are witnessing a considerable sea of change in attitudes and mentalities, with leaders that are reformers

and practitioners that are dreamers.” Focusing on the forum’s themes, he acknowledged that African governments had taken an active role in changing the investment landscape, pointing out that this shift was associated with evidence-based policies. He noted that since he took over the helm of the ECA, he had put an emphasis on proving more concrete and meaningful data to help drive policy advice. Echoing him, President Sall said: “Traditional solutions in funding development are no longer relevant

Godson Ikoro

he Federal Government is planning to raise N96.26 billion ($587 million) treasury bills with maturities ranging between three months and one year next week, the Central Bank of Nigeria declared yesterday. The apex bank said that N34.88 billion would be issued in 91-day paper, N30 billion in 182-day and N31.38 billion in 1-year, using the Dutch Auction System. In a public notice, the

As at N14,737,618.7m N16,509,472.5m 8 0.0000 12 10.899 7.96 17.01 US$109.9 US$42,604,781,796.6

Description

TTM

4.00% 23-Apr-2015 13.05% 16-Aug-2016 15.10% 27-Apr-2017 16.00% 29-Jun-2019 16.39% 27-Jan-2022 10.00% 23-Jul-2030

1.21 2.53 3.22 5.39 7.98 16.47

Tenor (Days) Call 7 30 60 90 180 365

Rate (%) 11.9167 12.3333 12.6667 12.9167 13.2167 13.5000 13.7500

NIBOR

Bid Price 90.20 99.25 104.10 109.35 114.15 76.60

T Offer Yield 13.01 13.40 13.47 13.49 13.44 13.59

Price 90.35 99.40 104.40 109.65 114.45 76.90

Tenor (Months) 1 2 3 6 9 12

Rate (%) 12.1827 12.2737 12.3744 12.8521 12.8535 13.8443

Treasury Bills Maturity Date 08-May-14 07-Aug-14 22-Jan-15

Bid 12.10 12.10 12.05

Bid Spot ($/N) 163.28 THE FIXINGS –NIBOR,NITTY and NIFEX of February 6,2014

NITTY

Yield 12.86 13.33 13.35 13.42 13.38 13.53

Money Market Offer 11.85 11.85 11.80 Offer 163.38

bank explained that the results of the auction would be released the following day and settlement would be on October 25. Meanwhile, dealers said that naira fell 0.24 per cent against the dollar yesterday as demand for the US currency strengthened despite the sale of large amounts of dollar by the local unit of Royal Dutch Shell. The naira closed at N164.58 to the dollar, weaker than Tuesday’s close of N164.18. According to Reuters, Shell sold an undisclosed amount of dollars to some lenders, but dealers said that high demand countered its effect. Hard currency was

in demand in Nigeria was fuelled by the anxiety that lower oil prices would weaken the naira and widen the current account of Africa’s biggest economy. Naira firmed against the US currency on Monday after state-owned oil company, the Nigeria National Petroleum Corporation (NNPC), the source of most of the dollar liquidity traded on the interbank market, sold dollars to lenders. But that has since dried up, according to the dealers. “We hope the central bank will continue to intervene, otherwise the naira might depreciate further,” one dealer added.

CBN, Reach host cashless conference in Lagos

Dec, 2013 Dec, 2013 Dec, 2013 2/5/2014 1/20/2014 11/6/2013 Dec, 2013 Dec, 2013 1/20/2014 2/5/2014 Source:CBN

FGN Bonds

place outside the taxation system. This has to be addressed.” Ouattara noted this year’s forum was focused on Innovative Financing for Africa’s Transformation, saying that the forum would look at ways of mobilising domestic capital. He said that recommendations from the forum would help policy makers and government officials to work towards a more efficient way of raising funds and identifying new channels of funding for infrastructure, health and education, social and economic growth.

FG to raise N96.3bn in treasure bills

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

to the scope and need of the continent. The aspiration of African people is not only to fight poverty, it is to drive sustainable growth that will create employment and prosperity...What is possible in all other continents is possible in Africa.” Ouattara stressed the need for more accountability and transparency in international capital flows. He said: “I am glad to participate in this forum. Africa is on the road to being the next emerging continent in the world. However, I have some concerns. Too many transactions are taking

Open-Buy-Back (OBB) Overnight (O/N)

Rate (%) 11.33 11.63

NIFEX Spot ($/N)

Bid 163.4000

Offer 163.5000 Source: FMDQ

he annual All Stakeholders Cashless Conference organised by Reach Consult in collaboration with the Central Bank of Nigeria (CBN) has been slated for October 21 and 22 at the Oriental Hotel, Lagos. Now in its third year, the conference brings together over 400 delegates and experts within the Nigerian electronic and mobile payments ecosystem. The theme of this year’s conference is ‘Nigeria transiting to a cashless society: Mapping the nationwide agenda.’ In a statement yesterday by Reach Consult, this year’s event will discuss strategic issues “in respect of CBN’s on-going nationwide implementation of the cashless policy.” The conference, according to the statement, will also feature topics such as the development of infrastructure for the industry, enhancing financial inclusion through the deployment of alternative distribution channels and agent networking, security and risk issues associated with electronic and mobile payments, e-commerce, mobile money systems, effective multi-sector regulation

as well as legislation, among others. CBN’s Deputy Governor, Operations, Alhaji Suleiman Barau, and Senior Payments Expert, World Bank, Mr Harish Natarajan, are both expected to present keynote papers at the conference. The statement further said that special guest speakers expected at this year’s conference include Chairman, Senate Committee on Banking and Finance, Senator Bassey Otu; Chairman, House of Representatives Committee on Communication, Oyetunde Ojo; DG, Nigerian Electricity Reform Commission, Dr. Sam Amadi and the Director General, National Identity Management Commission, Mrs Dupe Atoki. Others include the Director General, Consumer Protection Council, Mr Peter Jack; DG Nigerian Information Technology Development Agency, Mr Mitchell Elegbe; Group MD of Interswitch, Mr Tunde Kuponiyi; Chairman, Committee of eBanking heads and Gbenga Adebayo, Chairman, Association of Licence Telecommunications Operators, Ms Omokehinde Ojomuyide, Country Manager, MasterCard.

Business | Financiel Market News

THURSDAY, OCTOBER 16, 2014 NEW TELEGRAPH

FMDQ Daily Quotations List

15-Oct-14

The FMDQ Daily Quotations List (DQL) comprises market and model prices/rates of foreign exchange ($/N) products, fixed income securities and instruments in the OTC market. The use of this report is subject to the FMDQ OTC PLC Terms of Use and Disclaimer Statement on www.fmdqotc.com.

Bonds FGN Bonds

Price

Rating/Agency

Issuer

Description 4.00 23-APR-2015 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 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)

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

4.00 13.05 15.10 9.85 9.35 10.70 16.00 7.00 16.39 14.20 15.00 12.49 8.50 10.00 12.1493

535.00 545.27 452.80 20.00 100.00 300.00 351.30 233.90 600.00 331.35 75.00 150.00 200.00 591.57 105.00

TOTAL OUTSTANDING VALUE

4,591.19

TOTAL MARKET CAPITALISATION

4,545.21

Rating/Agency

Issuer

Description

Maturity Date

TTM (Yrs)

23-Apr-15 16-Aug-16 27-Apr-17 27-Jul-17 31-Aug-17 30-May-18 29-Jun-19 23-Oct-19 27-Jan-22 14-Mar-24 28-Nov-28 22-May-29 20-Nov-29 23-Jul-30 18-Jul-34

0.52 1.84 2.53 2.78 2.88 3.62 4.70 5.02 7.29 9.41 14.12 14.60 15.10 15.77 19.76

Bid Yield (%)

Offer Yield (%)

Bid Price

Offer Price

11.79 12.74 12.65 12.73 12.73 12.81 12.87 12.92 12.78 12.77 12.52 12.49 12.46 12.61 12.49

11.47 12.65 12.58 12.66 12.67 12.70 12.79 12.82 12.73 12.72 12.48 12.44 12.40 12.55 12.44

96.16 100.45 105.15 93.40 92.03 94.00 110.75 78.62 116.70 107.65 116.21 99.98 73.33 82.30 97.50

96.31 100.60 105.30 93.55 92.18 94.30 111.05 78.92 117.00 107.95 116.51 100.28 73.63 82.60 97.80

Issue Date

Coupon (%)

Outstanding Value (N'bn)

Maturity Date

Avg. Life/TTM (Yrs)

# Risk Premium (%)

Valuation Yield (%)

Indicative Price

28-Dec-11 24-May-10 03-Apr-12 09-Dec-11 20-Apr-12 06-Jul-12

0.00 0.00 17.25 0.00/16.00 0.00/16.50 0.00/16.50

978.35 24.56 3.00 112.22 116.70 66.49

31-Oct-14 24-May-15 03-Apr-17 09-Dec-16 20-Apr-17 06-Jul-17

0.04 0.61 1.34 2.15 2.51 2.72

1.00 2.63 2.27 2.00 1.00 1.00

12.37 14.41 14.45 14.76 13.70 13.72

99.47 91.88 103.37 99.92 97.86 95.11

97.04

Agency Bonds AMCON FMBN

***LCRM

0.00 AMCON 31-OCT-2014 (SR.5 TR.1) 0.00 FMB 24-MAY-2015 17.25 FMB II 03-APR-2017 0.00/16.00 LCRM 09-DEC-2016 0.00/16.50 LCRM II 20-APR-2017 0.00/16.50 LCRM III 06-JUL-2017

TOTAL OUTSTANDING VALUE

1,301.32

TOTAL MARKET CAPITALISATION

1,288.36

Sub-National Bonds A+/Agusto

KADUNA

12.50 KADUNA 31-AUG-2015

31-Aug-10

12.50

8.50

31-Aug-15

0.88

4.44

16.21

A/Agusto

*EBONYI

13.00 EBONYI 30-SEP-2015

30-Sep-10

13.00

4.18

30-Sep-15

0.72

3.23

15.01

A-/Agusto

*BENUE

14.00 BENUE 30-JUN-2016

30-Jun-11

14.00

6.27

30-Jun-16

1.00

4.46

16.22

98.33

15.50

7.37

30-Jun-16

1.01

3.48

15.25

100.79

98.92

A+/Agusto

*IMO

15.50 IMO 30-JUN-2016

30-Jun-09

A+/Agusto; A+/GCR

LAGOS

10.00 LAGOS 19-APR-2017

19-Apr-10

10.00

57.00

19-Apr-17

2.51

5.59

18.29

83.87

A-/Agusto

*BAYELSA

13.75 BAYELSA 30-JUN-2017

30-Jun-10

13.75

29.92

30-Jun-17

1.56

1.00

13.43

100.76

A/Agusto

EDO

14.00 EDO 31-DEC-2017

30-Dec-10

14.00

25.00

31-Dec-17

3.21

1.79

14.56

98.55

A+/Agusto; A+/GCR

*DELTA

14.00 DELTA 30-SEP-2018

30-Sep-11

14.00

34.14

30-Sep-18

2.39

1.80

14.52

99.07

A-/Agusto; A-/GCR

NIGER

14.00 NIGER II 4-OCT-2018

04-Oct-11

14.00

9.00

04-Oct-18

3.97

1.00

13.85

100.44

A/Agusto; A-/GCR†

*EKITI

14.50 EKITI 09-DEC-2018

09-Dec-11

14.50

14.96

09-Dec-18

2.38

1.00

13.72

101.74

A-/Agusto

*NIGER

14.00 NIGER III 12-DEC-2018

12-Dec-13

14.00

11.13

12-Dec-18

2.38

4.78

17.50

93.57

A/Agusto; A-/GCR

*ONDO

15.50 ONDO 14-FEB-2019

14-Feb-12

15.50

27.00

14-Feb-19

2.76

1.00

13.72

101.74

A/Agusto; A-/GCR

*GOMBE

15.50 GOMBE 02-OCT-2019

02-Oct-12

15.50

16.23

02-Oct-19

3.02

1.00

13.75

104.13

Aa-/Agusto; AA-/GCR

LAGOS

14.50 LAGOS 22-NOV-2019

22-Nov-12

14.50

80.00

22-Nov-19

5.10

1.00

13.91

102.06

14.75

27.51

12-Dec-19

2.99

2.74

15.48

98.38 102.53

A/Agusto; A-/GCR

*OSUN

14.75 OSUN 12-DEC-2019

12-Dec-12

A/Agusto

*OSUN

14.75 OSUN II 30-SEP-2020

30-Sep-13

14.75

11.40

30-Sep-20

3.51

1.00

13.80

Aa-/Agusto; AA-/GCR

LAGOS

13.50 LAGOS IV 27-NOV-2020

27-Nov-13

13.50

87.00

27-Nov-20

6.12

1.00

13.86

98.52

A-/Agusto; BBB+/DataPro

KOGI

15.00 KOGI 31-DEC-2020

31-Dec-13

15.00

5.00

31-Dec-20

6.21

1.94

14.79

100.76

A/Agusto A-/GCR

*EKITI *NASARAWA

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

31-Dec-13

14.50

4.78

31-Dec-20

3.69

1.44

14.26

100.81

06-Jan-14

15.00

4.79

06-Jan-21

3.72

1.95

14.77

100.77

TOTAL OUTSTANDING VALUE TOTAL MARKET CAPITALISATION

471.18 462.23

Corporate Bonds Aa/Agusto Nil

GTB NGC

13.50 GUARANTY TRUST 18-DEC-2014

18-Dec-09

13.50

13.17

18-Dec-14

0.18

5.21

16.54

99.36

17.00 NGC 31-DEC-2014

01-Apr-10

17.00

2.00

31-Dec-14

0.21

8.71

20.03

99.19 96.75

Bbb-/Agusto A-/Agusto

*UPDC

10.00 UPDC 17-AUG-2015

17-Aug-10

10.00

3.61

17-Aug-15

0.60

4.88

16.66

*FLOURMILLS

12.00 FLOURMILLS 9-DEC-2015

09-Dec-10

12.00

13.62

09-Dec-15

0.67

1.00

12.78

99.96

BB+/GCR

*CHELLARAMS

14.00 CHELLARAMS 06-JAN-2016

06-Jan-11

14.00

0.60

06-Jan-16

0.75

2.63

14.40

100.38

A+/Agusto; A-/GCR

NAHCO

13.00 NAHCO 29-SEP-2016

29-Sep-11

13.00

15.00

29-Sep-16

1.96

1.00

13.75

98.73

A-/Agusto

FSDH

14.25 FSDH 25-OCT-2016

25-Oct-13

14.25

5.53

25-Oct-16

2.03

1.34

14.12

100.21

A/GCR

UBA

13.00 UBA 30-SEP-2017

30-Sep-10

13.00

20.00

30-Sep-17

2.96

1.00

13.74

98.23

BBB-/GCR

18.00 C&I LEASING 30-NOV-2017

30-Nov-12

18.00

0.73

30-Nov-17

1.77

1.88

14.48

106.64

BBB+/DataPro†; BB+/GCR

*C & I LEASING *DANA#

MPR+7.00 DANA 9-APR-2018

09-Apr-11

16.00

6.30

09-Apr-18

1.98

3.48

16.25

99.64

A-/DataPro†; BB-/GCR

*TOWER#

MPR+7.00 TOWER 9-SEP-2018

09-Sep-11

18.00

2.90

09-Sep-18

2.15

5.20

17.96

100.30

101.77

AAA/DataPro†; A+/GCR

*TOWER

MPR+5.25 TOWER 9-SEP-2018

09-Sep-11

16.00

0.80

09-Sep-18

2.15

5.06

17.82

A/Agusto; A/GCR

UBA

14.00 UBA II 22-SEP-2018

22-Sep-11

14.00

35.00

22-Sep-18

3.94

1.35

14.19

99.40

Bbb+/Agusto; BBB+/GCR

15.75 LA CASERA 18-OCT-2018

18-Oct-13

15.75

2.70

18-Oct-18

2.01

2.29

15.07

101.23

BBB-/DataPro†; BB+/GCR

*LA CASERA *CHELLARAMS#

MPR+5.00 CHELLARAMS II 17-FEB-2019

17-Feb-12

17.00

0.41

17-Feb-19

2.34

6.11

18.84

97.00

BBB/GCR

*DANA

16.00 DANA II 1-APR-2019

01-Apr-14

16.00

4.50

01-Apr-19

3.21

2.16

14.93

102.65

A+/Agusto; A-/GCR

NAHCO

15.25 NAHCO II 14-NOV-2020

14-Nov-13

15.25

2.05

14-Nov-20

6.08

2.76

15.62

98.54

A/GCR

STANBIC IBTC

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

30-Sep-14

N/A

0.10

30-Sep-24

9.96

1.00

13.75

86.38

A/GCR

STANBIC IBTC

13.25 STANBIC IB 30-SEP-2024

30-Sep-14

13.25

15.44

30-Sep-24

9.96

1.00

13.75

97.32

11-Feb-18

3.33

1.00

13.78

90.67

Bid Price

Offer Price

TOTAL OUTSTANDING VALUE

144.46

TOTAL MARKET CAPITALISATION

143.23

Supranational Bond AAA/S&P

10.20 IFC 11-FEB-2018

IFC

11-Feb-13

10.20

12.00

TOTAL OUTSTANDING VALUE

12.00 10.88

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

5.54

5.35

106.33

107.36

5.13 JUL 12, 2018

12-Jul-13

5.13

500.00

12-Jul-18

4.57

4.30

101.88

102.82

6.38 JUL 12, 2023

12-Jul-13

6.38

500.00

12-Jul-23

5.84

5.69

103.58

104.67

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

1,558.97

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

AFREN PLC I

11.50 FEB 01, 2016

01-Feb-11

11.50

450.00

01-Feb-16

7.32

105.00

B+/Fitch; B+/S&P

GTBANK PLC I

7.50 MAY 19, 2016

19-May-11

7.50

500.00

19-May-16

4.17

105.04

105.04 101.72

B+/S&P

ACCESS BANK PLC

7.25 JUL 25, 2017

25-Jul-12

7.25

350.00

25-Jul-17

6.56

101.72

B/Fitch; B/S&P

FIDELITY BANK PLC

6.88 MAY 09, 2018

09-May-13

6.88

300.00

02-May-18

8.83

8.27

94.15

95.76

B+/Fitch; B+/S&P

GTBANK PLC

6.00 NOV 08, 2018

08-Nov-13

6.00

400.00

08-Nov-18

5.88

5.59

100.42

101.46 105.75

B/Fitch

AFREN PLC II

10.25 APR 08, 2019

08-Apr-12

10.25

300.00

08-Apr-19

8.67

105.75

B+/Fitch; BB-/S&P

ZENITH BANK PLC

6.25 APR 22, 2019

22-Apr-14

6.25

500.00

22-Apr-19

6.35

99.63

B/Fitch; B/S&P

DIAMOND BANK PLC

8.75 May 21, 2019

21-May-14

8.75

200.00

21-May-19

8.98

8.71

99.15

100.14 101.63

B-/Fitch; B/S&P

FIRST BANK PLC

8.25 AUG 07, 2020

07-Aug-13

8.25

300.00

07-Aug-20

7.65

101.63

B-/Fitch; B/S&P

AFREN PLC III

6.63 DEC 09, 2020

09-Dec-13

6.63

360.00

09-Dec-20

7.50

95.75

B-/Fitch; B/S&P

ACCESS BANK PLC II

9.25/6M USD LIBOR+7.677 JUN 24, 2021

24-Jun-14

9.25

400.00

24-Jun-21

8.59

8.42

103.13

104.00

B-/Fitch; B/S&P

FIRST BANK LTD

B-/S&P

ECOBANK NIG. LTD

8.00/2Y USD SWAP+6.488 JUL 23 2021

23-Jul-14

8.00

450.00

23-Jul-21

7.45

101.63

8.75 AUG 14, 2021

14-Aug-14

8.75

250.00

14-Aug-21

8.42

8.22

100.49

101.49

TOTAL OUTSTANDING VALUE

4,760.00

TOTAL MARKET CAPITALISATION

4,822.10

**Treasury Bills DTM 8 15 22 29 36 43 50 57

Money Market

FIXINGS Maturity 23-Oct-14 30-Oct-14 6-Nov-14 13-Nov-14 20-Nov-14 27-Nov-14 4-Dec-14 11-Dec-14

Bid Discount (%) 10.83 10.55 10.82 11.00 10.75 11.00 10.85 10.90

Offer Discount (%) 10.58 10.30 10.57 10.75 10.50 10.75 10.60 10.65

Bid Yield (%) 10.86 10.60 10.89 11.10 10.87 11.14 11.01 11.09

Tenor

NIBOR Tenor O/N 1M 3M 6M

Rate (%) 10.7083 12.8145 13.5112 14.3623

Rate (%)

OBB

10.43

O/N

10.63

Tenor Call 1M

REPO

Rate (%) 10.42 11.68

Foreign Exchange (Spot & Forwards) Tenor

Bid ($/N)

Offer ($/N)

Spot 7D 14D 1M 2M 3M

164.50 164.83 165.09 165.83 167.04 168.38

164.60 165.05 165.44 166.44 168.21 170.09

TOTAL OUTSTANDING VALUE

1,301.32

TOTAL MARKET CAPITALISATION

1,288.36

Sub-National Bonds A+/Agusto

KADUNA

12.50 KADUNA 31-AUG-2015

31-Aug-10

12.50

8.50

31-Aug-15

0.88

4.44

16.21

97.04

A/Agusto

*EBONYI

13.00 EBONYI 30-SEP-2015

30-Sep-10

13.00

4.18

30-Sep-15

0.72

3.23

15.01

98.92

A-/Agusto

*BENUE

14.00 BENUE 30-JUN-2016

30-Jun-11

14.00

6.27

30-Jun-16

1.00

4.46

16.22

98.33

A+/Agusto

*IMO

15.50 IMO 30-JUN-2016

30-Jun-09

15.50

7.37

30-Jun-16

1.01

3.48

15.25

100.79

A+/Agusto; A+/GCR

LAGOS

10.00 LAGOS 19-APR-2017

19-Apr-10

10.00

57.00

19-Apr-17

2.51

5.59

18.29

83.87

A-/Agusto

*BAYELSA

13.75 BAYELSA 30-JUN-2017

30-Jun-10

13.75

29.92

30-Jun-17

1.56

1.00

13.43

100.76

30-Dec-10

14.00

25.00

31-Dec-17

3.21

1.79

14.56

98.55

A+/Agusto; A+/GCR

*DELTA

14.00 DELTA 30-SEP-2018

30-Sep-11

14.00

34.14

30-Sep-18

2.39

1.80

14.52

99.07

A-/Agusto; A-/GCR

NIGER

14.00 NIGER II 4-OCT-2018

04-Oct-11

14.00

9.00

04-Oct-18

3.97

1.00

13.85

100.44

A/Agusto; A-/GCR†

*EKITI

14.50 EKITI 09-DEC-2018

09-Dec-11

14.50

14.96

09-Dec-18

2.38

1.00

13.72

101.74

14.00 NIGER III 12-DEC-2018

12-Dec-13

14.00

11.13

12-Dec-18

2.38

4.78

17.50

93.57

15.50 ONDO 14-FEB-2019

14-Feb-12

15.50

27.00

14-Feb-19

2.76

1.00

13.72

101.74

NEW TELEGRAPH THURSDAY, A/Agusto EDO OCTOBER 16, 2014 14.00 EDO 31-DEC-2017

A-/Agusto PLUNGE

A/Agusto; A-/GCR

*NIGER *ONDO

Nigerian stocks dip N133bn

A/Agusto; A-/GCR *GOMBE 15.50 GOMBE 02-OCT-2019 Negative sentiments Aa-/Agusto; AA-/GCR LAGOS 14.50 LAGOS 22-NOV-2019 dominate A/Agusto; A-/GCR *OSUN 14.75 OSUN 12-DEC-2019 A/Agusto *OSUN 14.75 OSUN II 30-SEP-2020 investment All-Share Index dipped Aa-/Agusto; AA-/GCR LAGOS 13.50 LAGOS IV 27-NOV-2020 403.24 basis or A-/Agusto; BBB+/DataPro KOGI 15.00points KOGI 31-DEC-2020 activities *EKITI *NASARAWA

02-Oct-12

15.50

16.23

02-Oct-19

3.02

1.00

13.75

104.13

14.50

80.00

22-Nov-19

5.10

1.00

13.91

102.06

12-Dec-12

14.75

27.51

12-Dec-19

2.99

2.74

15.48

98.38

30-Sep-13

14.75

11.40

30-Sep-20

3.51

1.00

13.80

102.53

Forte Oil reports 62% growth in Q3 pre-tax profit

with87.00 a gain of 7227-Nov-20 kobo to close5.00 at N22.10 and Inter31-Dec-20 4.78 31-Dec-20Plc national Breweries 4.79 added 47 kobo to06-Jan-21 close at 471.18per share. N31.47 462.23 On the other hand, Nestle Nigeria Plc led 18-Dec-14 the 13.17 price losers’ table,

10.20 IFC 11-FEB-2018

IFC

11-Feb-13

10.20

8.75 AUG 14, 2021

14-Aug-14

8.75

0.18

31-Dec-14

0.21

8.71

20.03

99.19

3.61

17-Aug-15

0.60

4.88

16.66

96.75

13.62

09-Dec-15

0.67

1.00

12.78

99.96

0.60

06-Jan-16

0.75

2.63

14.40

100.38

15.00

29-Sep-16

1.96

1.00

13.75

98.73

5.53

25-Oct-16

2.03

1.34

14.12

100.21

20.00

30-Sep-17

2.96

1.00

13.74

98.23

250.00

14-Aug-21

1.88 & Resorts 14.48 brand106.64 Hotels to Port 3.48 16.25 99.64 Harcourt. 5.20 17.96 100.30 In5.062014, the17.82 country 101.77 became the 1.35 largest economy in Africa, 14.19 99.40 and2.29 this fast 15.07 paced growth is 101.23 6.11 18.84 97.00 expected to continue for the 2.16 102.65 coming years.14.93 This announce2.76 15.62 98.54 ment further strengthens our 1.00 13.75 86.38 growing hotel portfolio in 1.00 13.75 97.32 the country – within which our core brand Hilton is at the forefront.” Speaking also at the signing ceremony, Managing Director/ 13.78 90.67 Plc, CEO1.00of Transcorp Hotels Mr Valentine Ozigbo, said: “We are excited to have achieved such a significant milestone in Offer hospitality Yield (%) Bid Price Offer Price our expansion plan. It fully underscores our commitPrices & Yields ment to excellence and quality, 107.36 and5.35 positions106.33 us to deliver superior4.30 returns to101.88 our stakeholders. 102.82 Our long-standing relation103.58Worldwide 104.67 has ship5.69 with Hilton been and remains very strategic in ensuring that our hotels are or will be market leaders, providing world-class guest experiences to suit a 7.32 and hospitality 105.00 105.00 diverse Abuja, 4.17 clientele 105.04 base in 105.04 Lagos 6.56 and Port-Harcourt.” 101.72 101.72 Global Head, Hotels 8.27 94.15 Hilton95.76 5.59 100.42 101.46 & Resorts, Mr Rob Palleschi, 105.75 said8.67 with the105.75 company’s long6.35 99.63 99.63 standing success and history in 99.15 the 8.71 country, the Hilton100.14 Hotels 7.65 101.63 101.63 & Resorts brand is well-known 7.50 95.75 95.75 across Nigeria’s domestic and 8.42 103.13 104.00 international communities. 7.45 101.63 101.63

8.42

8.22

4,760.00

FMDQ Daily Quotations List

TOTAL MARKET CAPITALISATION

3.69

2.00

lion recorded in H1 2013. league of ‘Highly Priced Stock.’ reported 61.6 per cent Revenue grew 33 per cent The Group Chief FinanDescription to Rating/Agency Issuer to N79.61 billion compared IssueForte Date CouponMr (%) growth in pre-tax profit cial Officer, Oil Plc, during the third quarter end- N59.96 billion recorded in the Julius Omodayo-Owotuga, FGN Eurobonds said that achieving 152 per ed September 30, 2014. same period in 2013 JAN 28, 2021 BB-/Fitch; B+/S&P 07-Oct-11 6.75 In a filing with the Nigerian The company,6.75 during the cent growth in profitability Stock Exchange, the company’s period under review, launched in the third year of transBB-/Fitch; FGN 5.13 JUL 12, 2018 12-Jul-13 5.13 BB-/S&P profit before income tax grew new repackaged lubricants and formation is a clear indica6.38 JULengage12, 2023 12-Jul-13 6.38set by BB-/Fitch; 61.6 per cent to N5.20 billion aggressive consumer tion that the milestones BB-/S&P compared to N3.219 billion re- ment activities to boost market in restructure programme TOTAL OUTSTANDING VALUE corded in Q3, 2013. share and has continued expan- were being met earlier than TOTAL MARKET CAPITALISATION Revenue grew 33.06 per cent sion in the company’s retail envisaged. to N122.580 billion compared to network at strategic locations “Revenue increased by 33 Corporate Eurobonds N92.125 billion recorded inPLCthe to improve market11.50 dominance. per cent from a growing 11.50 numFEB 01, 2016 B/Fitch; B-/S&P AFREN I 01-Feb-11 same period It said it achieved a19,111.05 ber of retail outlets and7.50im7.50 MAY 2016 B+/Fitch; B+/S&Pin 2013. GTBANK PLC I 19-May-11 price approved commercial The reported customer 7.25 JUL 25, 2017 B+/S&Pcompany hadACCESS BANK PLC per cent YTD share 25-Jul-12 7.25 152B/Fitch; per cent pre-tax from N92.87 base, while keeping our costs; MAY 09, 2018 B/S&P growth in FIDELITY BANK PLCpreciation in H1 6.88 09-May-13 6.88 6.00 NOV 2018 B+/Fitch; B+/S&Pthe half GTBANK PLC 08-Nov-13 6.00 to N206.30 and also an08,incluprofit during year enddistribution, administrative, 10.25 APR 08, 2019 B/Fitch 2014. AFREN PLC II 08-Apr-12 10.25 ed June sion into the Morgan Stanley and finance low. The result 6.25 APR 22, 2019 B+/Fitch; BB-/S&P BANK PLC 22-Apr-14 In a filing with theZENITH Nigerian Capital International (MSCI) is an indication that we6.25are 8.75 May 21, 2019 B/Fitch; B/S&P BANK PLC 8.75 Stock Exchange, theDIAMOND compaFrontier Market Index, one of operating21-May-14 efficiently and are 8.25 AUG 07, 2020 B-/Fitch; B/S&P FIRST BANK PLC 07-Aug-13 8.25 focused on our vision of beny’s profit before income tax the world’s leading equity in6.63 DEC 09, 2020 B-/Fitch; B/S&P AFREN PLC III 09-Dec-13 6.63 energy 9.25 soluincreased 152 per centACCESS to N4.19 dex provider and inclusion into ing the foremost 9.25/6M USD LIBOR+7.677 JUN 24, 2021 B-/Fitch; B/S&P BANK PLC II 24-Jun-14 tions provider,” billion to N1.66 bilthe Nigerian Stock 8.00/2Y USD Exchange’s SWAP+6.488 JUL 23 2021 B-/Fitch;compared B/S&P FIRST BANK LTD 23-Jul-14 he said. 8.00 ECOBANK NIG. LTD

1.94

3.72

30-Nov-17 1.77 he hospitality subsid6.30 1.98 iary of 09-Apr-18 Transnational 2.90 09-Sep-18 2.15 Corporation of Nigeria 0.80 09-Sep-18 2.15 Plc, 35.00 Transcorp22-Sep-18 Hotels Plc, has 3.94 signed 2.70 an agreement 18-Oct-18 with Hil2.01 17-Feb-19 ton 0.41 Worldwide, to develop2.34a 3.21 250 4.50 guestroom01-Apr-19 Hilton Hotels 2.05 14-Nov-20 6.08 & Resorts-branded property in 0.10 30-Sep-24 9.96 Port15.44 Harcourt, 30-Sep-24 the Rivers State 9.96 capital. 144.46 This is the third partnership 143.23 between Transcorp Hotels Plc and Hilton Worldwide which is 12.00 11-Feb-18 of world3.33 creating a portfolio 12.00hotels in the country, class 10.88 including the award-winning Transcorp Hilton Abuja - named Outstanding Value Maturity Date Bid Yield (%) Nigeria’s leading hotel – along ($mm) with the Transcorp Hilton, Lagos, which is expected to open 500.00 28-Jan-21 5.54 in 2017. This announcement comes 500.00 12-Jul-18 4.57 on the heels of Trancorp Hotels’ 500.00 12-Jul-23 5.84 initial public offer (IPO) to raise eight billion to part-finance the 1,500.00 development of the new hotel 1,558.97 projects in Lagos and Port Harcourt. The offer closes on October 450.00 17, 2014. 01-Feb-16 7.32 Senior Vice 19-May-16 President, De500.00 4.17 velopment, Europe 350.00 25-Jul-17and Africa 6.56 for 300.00 Hilton Worldwide, Mr Pat02-May-18 8.83 08-Nov-18 5.88 rick400.00 Fitzgibbon, commenting 300.00development, 08-Apr-19 said: “We 8.67 on the are 500.00 delighted to22-Apr-19 once again6.35 be 200.00 8.98 partnering with21-May-19 Transcorp Ho300.00 07-Aug-20 7.65 tels360.00 Plc and further cementing 09-Dec-20 7.50 our400.00 long-standing relationship 24-Jun-21 8.59 to introduce our23-Jul-21 famous Hilton 450.00 7.45

TOTAL MARKET CAPITALISATION orte Oil Nigeria Plc has

TOTAL OUTSTANDING VALUE

1.00

6.21

0.73

TOTAL OUTSTANDING VALUE

B-/S&P

dropping N20.00 to 13.86 98.52 close at14.79 N980 per100.76 share, 1.44 while Total 14.26 100.81 Plc Nigeria 1.95 14.77 followed with a 100.77 loss of N3.34 to close at N172.16 and Nigerian Breweries Plc shed N3.00 per share 5.21 to close16.54 99.36 at N171.00.

6.12

Transcorp partners Hilton on hotel expansion worldwide

Supranational Bond

AAA/S&P

22-Nov-12

by investors in 13.50 1,619 27-Nov-13 deals.31-Dec-13 15.00 31-Dec-13 in the bank14.50 Volume ing 06-Jan-14 sub-sector 15.00 was largely driven by activities in the shares of Zenith Bank Plc and Access 13.50 Bank18-Dec-09 Plc. 01-Apr-10 17.00 Also, other financial 17-Aug-10 10.00 services sub sector boost09-Dec-10 12.00 ed by06-Jan-11 activity in the shares 14.00 of FBNH Plc followed with 29-Sep-11 13.00 a turnover 25-Oct-13 of 103 million 14.25 30-Sep-10 13.00 shares valued at N987 mil30-Nov-12 lion in 1,193 deals. 18.00 09-Apr-11 The number of 16.00 gain09-Sep-11 18.00 ers at09-Sep-11 the close of trading 16.00 session was eight while 22-Sep-11 14.00 losers closed at 41. 15.75 18-Oct-13 17-Feb-12 17.00 Forte Oil Plc led the 01-Apr-14 gainers’ table with 16.00 addi15.25 tion 14-Nov-13 of N9.00 to close at 30-Sep-14 N/A N218.00 per share while 30-Sep-14 13.25 Zenith Bank Plc followed

14.50 EKITI 1.02 per cent to II 31-DEC-2020 close 06-JAN-2021 at 39,278.4715.00asNASARAWA against TOTAL OUTSTANDING VALUE 39,681.71 recorded the TOTAL MARKET CAPITALISATION Stories by Chris Ugwu previous day while the market capitalisation of Corporate Bonds 13.50 GUARANTY TRUST he Nigerian equities depreciated by 18-DEC-2014 Aa/Agusto GTB µ 17.00 NGC 31-DEC-2014 NGC Nil stock market N133 billion or 1.02 per 10.00 UPDC 17-AUG-2015 Bbb-/Agusto continued *UPDC on cent as market sentiment 12.00 FLOURMILLS 9-DEC-2015 A-/Agusto *FLOURMILLS s o u t h w a r d s remained red. 14.00 CHELLARAMS 06-JAN-2016 BB+/GCR *CHELLARAMS course following 1.02NAHCO per Meanwhile, a turn13.00 NAHCO 29-SEP-2016 A+/Agusto; A-/GCR cent drop in both market over of 420 million 14.25 FSDH 25-OCT-2016 A-/Agusto FSDH 13.00 UBA 30-SEP-2017 A/GCR UBA performance indices as shares worth N4.6 billion 18.00 C&I LEASING 30-NOV-2017 & I LEASING theBBB-/GCR bear dominated*Cinin 5,497 deals was record# MPR+7.00 DANA 9-APR-2018 BBB+/DataPro†; BB+/GCR vestment activities. *DANA # ed in the day’s trading. MPR+7.00 TOWER 9-SEP-2018 A-/DataPro†; BB-/GCR *TOWER Trading activities*TOWER on # Just as inMPR+5.25 the previous TOWER 9-SEP-2018 AAA/DataPro†; A+/GCR theA/Agusto; floor of the Exchange day , the banking sub14.00 UBA II 22-SEP-2018 A/GCR UBA 15.75 LA CASERA 18-OCT-2018 financial had, the previous day, Bbb+/Agusto; BBB+/GCR *LA CASERAsector of the # MPR+5.00was CHELLARAMS BBB-/DataPro†; services sector the II 17-FEB-2019 also closed BB+/GCR in the *CHELLARAMS red DANA II 1-APR-2019 BBB/GCR *DANA most active16.00 during the following negative senti15.25 NAHCO II 14-NOV-2020 A+/Agusto; A-/GCR NAHCO ments of investors which day (measured by turn182D T.bills+1.20 STANBIC IA 30-SEP-2024 A/GCR STANBIC IBTC hasA/GCR pervaded in the local over volume); with 13.25 STANBIC151.5 IB 30-SEP-2024 STANBIC IBTC burse in OUTSTANDING recent times. TOTAL VALUE million shares worth N1.7 billion exchanged Consequently, the TOTAL MARKET CAPITALISATION A/Agusto A-/GCR

Business | Financiel Market News

100.49

101.49

15-Oct-14

4,822.10

The FMDQ Daily Quotations List (DQL) comprises market and model prices/rates of foreign exchange ($/N) products, fixed income securities and instruments in the OTC market. The use of this report is subject to Money Market BillsPLC Terms of Use and Disclaimer Statement on www.fmdqotc.com. FIXINGS Foreign Exchange (Spot & Forwards) the**Treasury FMDQ OTC

DTM Maturity Bid Discount (%) 8 23-Oct-14 10.83 15 30-Oct-14 10.55 FGN Bonds 22 6-Nov-14 10.82 29 13-Nov-14 11.00 36 20-Nov-14 10.75 Rating/Agency Issuer Description 43 27-Nov-14 11.00 50 4-Dec-14 10.85 4.00 23-APR-2015 57 11-Dec-14 10.90 13.05 16-AUG-2016 71 25-Dec-14 11.00 15.10 27-APR-2017 78 1-Jan-15 11.00 9.85 27-JUL-2017 85 8-Jan-15 10.95 9.35 31-AUG-2017 92 15-Jan-15 10.85 10.70 30-MAY-2018 99 22-Jan-15 11.00 106 29-Jan-15 11.00 16.00 29-JUN-2019 5-Feb-15 11.05 NA113 NA 7.00 23-OCT-2019 120 12-Feb-15 11.10 16.39 27-JAN-2022 127 19-Feb-15 11.00 14.20 14-MAR-2024 134 26-Feb-15 11.10 15.00 28-NOV-2028 141 5-Mar-15 11.15 12.49 22-MAY-2029 148 12-Mar-15 11.06 8.50 20-NOV-2029 162 26-Mar-15 10.85 10.00 23-JUL-2030 176 9-Apr-15 11.15 12.1493 18-JUL-2034 190 23-Apr-15 10.85 204 7-May-15 10.45 TOTAL OUTSTANDING VALUE 295 6-Aug-15 10.90 323 CAPITALISATION3-Sep-15 10.75 TOTAL MARKET *from the Amortising bonds, the average life is calculated and not the duration

Offer Discount (%) 10.58 10.30 10.57 10.75 10.50 Issue Date 10.75 10.60 23-Apr-10 10.65 16-Aug-13 10.75 27-Apr-12 10.75 27-Jul-07 10.70 31-Aug-07 10.60 30-May-08 10.75 10.75 29-Jun-12 10.80 23-Oct-09 10.85 27-Jan-12 10.75 14-Mar-14 10.85 28-Nov-08 10.90 22-May-09 10.81 20-Nov-09 10.60 23-Jul-10 10.90 18-Jul-14 10.60 10.20 10.65 10.50

Bid Yield (%) 10.86 10.60 10.89 11.10 10.87 Coupon (%) 11.14 11.01 4.00 11.09 13.05 11.24 15.10 11.26 9.85 11.24 9.35 11.16 10.70 11.34 11.36 16.00 11.44 7.00 11.52 16.39 11.44 14.20 11.57 15.00 11.65 12.49 11.58 8.50 11.40 10.00 11.78 12.1493 11.50 11.10 11.95 11.88

NIBOR

Bonds

Tenor O/N 1M Outstanding 3M (N'bn) 6M

Value

535.00 23-Apr-15 545.27 16-Aug-16 NITTY 452.80 27-Apr-17 20.00 27-Jul-17 Tenor Rate (%) 100.00 31-Aug-17 1M 11.0772 300.00 30-May-18 2M 11.2499 3M 11.2575 351.30 29-Jun-19 6M 11.4228 233.90 23-Oct-19 9M 11.6804 600.00 27-Jan-22 12M 11.9328 331.35 14-Mar-24 75.00 28-Nov-28 150.00 22-May-29 NIFEX 20-Nov-29 200.00 591.57 23-Jul-30 Current Price ($/N) 18-Jul-34 BID($/N)105.00 164.1000

OFFER ($/N)

4,591.19

Description

Issue Date

164.2000

4,545.21

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

Rate (%) 10.7083 12.8145 13.5112 Maturity Date 14.3623

Coupon (%)

Outstanding Value (N'bn)

Tenor

Rate (%)

OBB

10.43

O/N

10.63

REPO Bid Yield (%) TTM (Yrs) Tenor Call 0.52 1M 1.84 3M 2.53 6M

Rate (%) 10.42 11.79 11.68 12.74 12.33 12.65 13.27

Tenor Spot 7D Offer 14DYield (%) 1M 2M 11.47 3M 12.65 6M 12.58 1Y

2.78 12.73 12.66 2.88 12.73 12.67 3.62 12.81 12.70 :Benchmarks 4.70 12.87 12.79 * :Amortising 5.02 Bond 12.92 12.82 µ :Convertible 7.29 Bond 12.78 12.73 AMCON: Asset Management Corporation of Nigeria 9.41 12.77 12.72 FGN: Federal Government of Nigeria 14.12 12.52 12.48 FMBN: Federal Mortgage Bank of Nigeria 14.60 12.49 12.44 IFC: International Finance Corporation 15.10Contractors Receivables 12.46 12.40 LCRM: Local Management 15.77 Aviation Handling 12.61 Company 12.55 NAHCO: Nigerian 19.76 12.49 12.44 O/N: Overnight NOTE:

UPDC: UAC Property Development Company WAPCO:West Africa Portland Cement Company

Maturity Date

Avg. Life/TTM (Yrs)

# Risk Premium (%)

Bid ($/N)

Offer ($/N)

Price 164.60 164.50 164.83 165.05 165.09 165.44 Bid Price Offer Price 165.83 166.44 167.04 168.21 96.16 96.31 168.38 170.09 100.45 100.60 172.42 175.60 105.15 105.30 181.78 186.79

93.40 93.55 92.03 92.18 94.00 94.30 NA :Not110.75 Applicable 111.05 # :Floating Rate Bond 78.62 78.92 ***: Deferred coupon bonds 116.70 117.00 107.65 107.95 †: Bond rating expired 116.21 116.51 N/A :Not Available 99.98 100.28 73.33 73.63 82.30 82.60 NGC: Nigeria-German Company 97.50Bank for Africa 97.80 UBA: United

Valuation Yield (%)

Indicative Price

Agency Bonds 0.00 AMCON 31-OCT-2014 (SR.5 TR.1) 0.00 FMB 24-MAY-2015 17.25 FMB II 03-APR-2017 0.00/16.00 LCRM 09-DEC-2016 Total Outstanding Modified Duration Buckets 0.00/16.50 Porfolio Market LCRM Value(Bn) II 20-APR-2017 Volume(Bn) ***LCRM 0.00/16.50 LCRM III 06-JUL-2017 AMCON

FMBN

TOTAL OUTSTANDING VALUE

1,023.84

998.07

3<5

1,089.26

951.30

945.93

1,027.92

34.53

Market

3,059.04

2,977.29

100.00

TOTAL MARKET CAPITALISATION >5 Sub-National Bonds

28-Dec-11 0.00 24-May-10 FMDQ FGN 0.00BOND 03-Apr-12 17.25 09-Dec-11by 0.00/16.00 Weighting Weighting by Mkt 20-Apr-12 Vol 0.00/16.50 Outstanding Value 06-Jul-12 0.00/16.50

33.52

33.47

31.95

35.61

978.35

INDEX24.56

3.00 112.22 Bucket116.70 Weighting 66.49

1,301.320.34

31-Oct-14 24-May-15 03-Apr-17 09-Dec-16 % Exposure_ 20-Apr-17 Mod_Duration 06-Jul-17

14.57

0.04 0.61 1.34 2.15 Implied Yield 2.51 2.72

12.69

12.81

1.00 2.63 2.27 2.00 Implied 1.00 Portfolio Price 1.00

117.8534

132.2326

12.37 14.41 14.45 14.76 INDEX 13.70 13.72

1,119.37

1,119.70

99.47 91.88 103.37 99.92 YTD Return 97.86 (%) 95.11

11.9367

0.32

30.92

1,288.360.35

31.24

11.9695

54.19

12.64

102.3035

1,196.11

19.6108

100.00

1.00

100.00

12.70

117.0792

1,118.00

11.8004

A+/Agusto

KADUNA

12.50 KADUNA 31-AUG-2015

31-Aug-10

12.50

8.50

31-Aug-15

0.88

4.44

16.21

97.04

A/Agusto

*EBONYI

13.00 EBONYI 30-SEP-2015

30-Sep-10

13.00

4.18

30-Sep-15

0.72

3.23

15.01

98.92

A-/Agusto

*BENUE

14.00 BENUE 30-JUN-2016

30-Jun-11

14.00

6.27

30-Jun-16

1.00

4.46

16.22

98.33

A+/Agusto

*IMO

15.50 IMO 30-JUN-2016

30-Jun-09

15.50

7.37

30-Jun-16

1.01

3.48

15.25

100.79

A+/Agusto; A+/GCR

LAGOS

10.00 LAGOS 19-APR-2017

19-Apr-10

10.00

57.00

19-Apr-17

2.51

5.59

18.29

83.87

A-/Agusto

*BAYELSA

13.75 BAYELSA 30-JUN-2017

30-Jun-10

13.75

29.92

30-Jun-17

1.56

1.00

13.43

100.76

A/Agusto

EDO

14.00 EDO 31-DEC-2017

30-Dec-10

14.00

25.00

31-Dec-17

3.21

1.79

14.56

98.55

A+/Agusto; A+/GCR

*DELTA

14.00 DELTA 30-SEP-2018

30-Sep-11

14.00

34.14

30-Sep-18

2.39

1.80

14.52

99.07

A-/Agusto; A-/GCR

NIGER

14.00 NIGER II 4-OCT-2018

04-Oct-11

14.00

9.00

04-Oct-18

3.97

1.00

13.85

100.44

Daily Summary as of 15/10/2014

Printed 15/10/2014 14:49:31.031

Business | Capital Market

THURSDAY, OCTOBER 16, 2014 NEW TELEGRAPH Daily Summary as of 15/10/2014 Printed 15/10/2014 14:49:31.031

Daily Summary (Bonds)

No Debt Trading Activity

The Nigerian Stock Market Exchange as at October 15, 2014 Daily Summary (Equities)

Daily Summary (Equities)

Activity Summary on Board EQTY

Activity Summary on Board EQTY AGRICULTURE Crop Production FTN COCOA PROCESSORS PLC OKOMU OIL PALM PLC. PRESCO PLC Crop Production Totals Livestock/Animal Specialties LIVESTOCK FEEDS PLC. Livestock/Animal Specialties Totals

No. of Deals 2 38 5 45

Current Price 0.50 33.00 35.50

Quantity Traded 290,000 544,016 7,081 841,097

Value Traded 145,000.00 17,087,128.90 239,227.80 17,471,356.70

Symbol LIVESTOCK

No. of Deals 13 13

Current Price 2.93

Quantity Traded 290,220 290,220

Value Traded 847,704.60 847,704.60

1,131,317

18,319,061.30

Current Price 1.33 3.95 1.08 4.67 5.05 56.00

Quantity Traded 278,257 2,430 4,632 4,010 58,961,832 386,119

Value Traded 382,253.95 9,155.01 4,770.96 17,804.40 294,577,693.89 21,500,462.00

Current Price

Quantity Traded Page 59,637,280

Value Traded 1 of 12 316,492,140.21

AGRICULTURE Totals CONGLOMERATES Daily Summary as of 15/10/2014 Printed 15/10/2014 14:49:31.031 Diversified Industries

A.G. LEVENTIS NIGERIA PLC. CHELLARAMS PLC. JOHN HOLT PLC. S C O A NIG. PLC. TRANSNATIONAL CORPORATION OF NIGERIA PLC Activity U Summary A C N PLC.on Board EQTY

58 Symbol No. of Deals AGLEVENT 21 CHELLARAM 4 JOHNHOLT 5 Daily Summary (Equities) SCOA 5 TRANSCORP 451 UACN 64

Symbol

No. of Deals 550

CONGLOMERATES Totals

550

CONSTRUCTION/REAL ESTATE Building Structure/Completion/Other COSTAIN (W A) PLC. G CAPPA PLC Building Structure/Completion/Other Totals

59,637,280

316,492,140.21

Symbol COSTAIN GCAPPA

No. of Deals 31 1 32

Current Price 0.78 14.46

Quantity Traded 571,832 10 571,842

Value Traded 457,939.02 137.40 458,076.42

Infrastructure/Heavy Construction JULIUS BERGER NIG. PLC. Infrastructure/Heavy Construction Totals

Symbol JBERGER

No. of Deals 2 2

Current Price 67.20

Quantity Traded 152 152

Value Traded 9,703.68 9,703.68

Real Estate Development

Symbol UAC-PROP

No. of Deals 17 17

Current Price 14.50

Quantity Traded 75,796 75,796

Value Traded 1,070,231.76 1,070,231.76

Real Estate Investment Trusts (REITs) SKYE SHELTER FUND PLC UPDC REAL ESTATE INVESTMENT TRUST Real Estate Investment Trusts (REITs) Totals

Symbol SKYESHELT UPDCREIT

No. of Deals 1 1 (Equities) 2

Current Price 100.00 9.00

Quantity Traded 5 20,000 20,005

Value Traded 500.00 180,000.00 180,500.00

667,795

1,718,511.86

UACN Daily Summary as PROPERTY of 15/10/2014DEVELOPMENT CO. LIMITED Real Estate Development Totals Printed 15/10/2014 14:49:31.031

Daily Summary

CONSTRUCTION/REAL ESTATE Totals Activity Summary on Board EQTY

CONSUMER GOODS Automobiles/Auto Parts Published by The Exchange DN Nigerian TYRE & Stock RUBBER PLC © Automobiles/Auto Parts Totals Beverages--Brewers/Distillers CHAMPION BREW. PLC. GOLDEN GUINEA BREW. PLC. GUINNESS NIG PLC INTERNATIONAL BREWERIES PLC. NIGERIAN BREW. PLC. PREMIER BREWERIES PLC Beverages--Brewers/Distillers Totals Beverages--Non-Alcoholic 7-UP BOTTLING COMP. PLC. Beverages--Non-Alcoholic Totals Daily Summary as of 15/10/2014

Printed 15/10/2014 14:49:31.031

Food Products DANGOTE FLOUR MILLS PLC DANGOTE SUGAR REFINERY PLC FLOUR MILLS NIG. PLC. HONEYWELL FLOUR MILL PLC NATIONAL SALT CO. NIG. PLC Food Products Activity SummaryTotals on Board EQTY

CONSUMER GOODS Food Products--Diversified

Current Price 14.94 0.84 182.00 31.47 171.00 3.98

Quantity Traded 435,698 136 90,321 669,602 2,981,963 58,000 4,235,720

Value Traded 6,413,021.08 119.68 16,486,291.04 21,037,939.11 515,838,825.86 230,840.00 560,007,036.77

Symbol 7UP

No. of Deals 9 9

Current Price 147.73

Quantity Traded 20,445 20,445

Value Traded 3,171,223.95 3,171,223.95

No. of Deals 10 79 34 (Equities) 53 44 220

Current Price 6.55 7.60 61.75 3.69 8.60

Quantity Traded 17,757 3,598,602 73,322 2,942,964 777,983 7,410,628

Value Traded 110,626.11 27,416,307.73 4,375,481.00 10,822,732.21 6,706,710.70 49,431,857.75

Household Durables VITAFOAM NIG PLC. VONO PRODUCTS PLC. Household Durables Totals

Symbol VITAFOAM VONO

No. of Deals 18 10 28

Current Price 4.29 1.35

Quantity Traded 168,097 102,426 270,523

Value Traded 700,748.89 138,295.10 839,043.99

Personal/Household Products P Z CUSSONS NIGERIA PLC. UNILEVER NIGERIA PLC. Personal/Household Products Totals

Symbol PZ UNILEVER

No. of Deals 20 25 45

Current Price 30.33 45.85

Quantity Traded 118,212 118,033 236,245

Value Traded 3,407,031.84 5,148,705.01 8,555,736.85

12,609,096

858,690,690.49

Current Price 8.50 5.85 18.52 1.92 27.89

Quantity Traded 29,122,506 3,086,302 701,892 27,080,247 20,555,856

Value Traded 247,621,031.27 18,007,409.86 13,090,020.51 52,552,148.49 588,126,606.52

Current Price 2.78 2.34 5.59 9.02 0.50 0.93 22.10

Quantity Traded 8,191,555 Page 7,655,624

CONSUMER GOODS Totals Daily Summary as of 15/10/2014 Printed 15/10/2014 FINANCIAL14:49:31.031 SERVICES

Banking ACCESS BANK PLC. DIAMOND BANK PLC ECOBANK TRANSNATIONAL INCORPORATED FIDELITY BANK PLC Activity SummaryTRUST on Board EQTY GUARANTY BANK PLC.

UNITED BANK FOR AFRICA PLC UNION BANK NIG.PLC. UNITY BANK PLC WEMA BANK PLC. ZENITH INTERNATIONAL BANK PLC Banking Totals

Insurance Carriers, Brokers and Services AIICO INSURANCE PLC. CONTINENTAL REINSURANCE PLC CORNERSTONE INSURANCE COMPANY PLC. GUINEA INSURANCE PLC. CONSOLIDATED HALLMARK INSURANCE PLC INTERNATIONAL ENERGY INSURANCE COMPANY PLC Daily Summary as of 15/10/2014 MANSARD INSURANCE PLC Printed 15/10/2014 14:49:31.031 MUTUAL BENEFITS ASSURANCE PLC. N.E.M INSURANCE CO (NIG) PLC. NIGER INSURANCE CO. PLC. SOVEREIGN TRUST INSURANCE PLC STANDARD TRUST ASSURANCE PLC WAPIC INSURANCE PLC Insurance Carriers, Brokers and Services Totals

Activity Summary on Board EQTY

659 Symbol No. of Deals ACCESS 178 DIAMONDBNK 64 Daily Summary (Equities) ETI 54 FIDELITYBK 59 GUARANTY 342 Symbol SKYEBANK STERLNBANK UBA UBN UNITYBNK WEMABANK ZENITHBANK

No. of Deals 125 41 242 60 18 23 413 1,619

Symbol No. of Deals Current Price AIICO 22 0.80 CONTINSURE 13 0.95 CORNERST 1 0.50 GUINEAINS 1 0.50 HMARKINS 1 0.50 INTENEGINS 17 0.54 MANSARD 11 2.99 MBENEFIT 10 0.55 NEM 20 0.75 NIGERINS 2 0.50 SOVRENINS 3 0.50 Daily Summary (Equities) STACO 1 0.50 WAPIC 78 0.66 180

FINANCIAL SERVICES Micro-Finance Banks NPF MICROFINANCE BANK PLC Micro-Finance Banks Totals Other Financial Institutions AFRICA PRUDENTIAL REGISTRARS PLC CUSTODIAN AND ALLIED PLC FBN HOLDINGS PLC FCMB GROUP PLC. ROYAL EXCHANGE PLC. STANBIC IBTC HOLDINGS PLC UBA CAPITAL PLC Other Financial Institutions Totals

HEALTHCARE Healthcare Providers EKOCORP PLC. Healthcare Providers Totals Pharmaceuticals EVANS MEDICAL PLC. FIDSON HEALTHCARE PLC GLAXO SMITHKLINE CONSUMER NIG. PLC. MAY & BAKER NIGERIA PLC. Published by The Nigerian Stock Exchange ©

Current Price 13.50 1.86

Quantity Traded 1,000 2,250 3,250

Value Traded 12,830.00 3,982.50 16,812.50

Processing Systems

Symbol ETRANZACT

No. of Deals 1 1

Current Price 2.21

Quantity Traded 100 100

Value Traded 210.00 210.00

45,250

39,639.50

Quantity Traded 193,172 198,970

Value Traded 6,077,095.09 1,693,196.48

84,799,660.29 6,937,979.80 1,853,360.00 2,134,854.12 732,307,643.38 1,788,073,619.57

Quantity Traded 3,573,332 4,339,112 2,000 7,000 120 700,000 5,313,400 594,990 2,965,885 53,251 9,401,758 2,200 8,457,775 35,410,823

Value Traded 2,858,785.60 4,133,503.80 1,000.00 3,500.00 60.00 378,000.00 15,885,824.00 323,645.60 2,236,133.35 26,625.50 4,700,879.00 1,100.00 5,437,771.06 35,986,827.91 5

Current Price 0.94

Quantity Traded 467,827 467,827

Symbol AFRIPRUD CUSTODYINS FBNH FCMB ROYALEX STANBIC UBCAP

No. of Deals 85 21 884 67 8 38 90 1,193

Current Price 3.03 4.08 11.28 4.12 0.53 31.11 1.97

Quantity Traded 4,978,106 2,660,862 76,164,661 16,280,425 248,249 574,569 2,135,685 103,042,557

Chemicals B.O.C. GASES PLC. Chemicals Totals

Symbol EVANSMED FIDSON GLAXOSMITH MAYBAKER

No. of Deals 1 1 No. of Deals 4 27 10 33

Current Price 2.05 3.50 58.00 1.91

33 8

Quantity Traded 419,877 481,180 82,348 747 2,350 37,675 828,449 2,244,768

Value Traded 16,374,303.14 7,172,809.90 17,482,026.39 747.00 1,175.00 191,843.20 101,887,596.50 150,880,792.70

Symbol CUTIX NIWICABLE

No. of Deals 12 1 13

Current Price 1.88 0.50

Quantity Traded 277,515 1,200 278,715

Value Traded 525,397.00 600.00 525,997.00

2,523,483

151,406,789.70

216 Symbol BOCGAS

No. of Deals 1 1

Current Price 5.48

Quantity Traded 1,000 1,000

Value Traded 5,210.00 5,210.00

No. of Deals 4 4

Current Price 0.79

Quantity Traded 1,012 1,012

Value Traded 769.12 769.12

Daily Summary (Equities) Symbol THOMASWY

2,012 Page

5,979.12 of 12

Integrated Oil and Gas Services OANDO PLC Integrated Oil and Gas Services Totals

Symbol OANDO

No. of Deals Current Price 301 23.28 301

Quantity Traded 5,176,377 5,176,377

Value Traded 122,154,167.66 122,154,167.66

Petroleum and Petroleum Products Distributors CONOIL PLC ETERNA PLC. FORTE OIL PLC. MOBIL OIL NIG PLC. OIL15/10/2014 NIGERIA PLC. Daily SummaryMRS as of TOTAL NIGERIA PLC. Printed 15/10/2014 14:49:31.031 Petroleum and Petroleum Products Distributors Totals

Symbol CONOIL ETERNA FO MOBIL MRS TOTAL

No. of Deals Current Price 15 51.82 19 3.75 156 218.00 41 174.00 5 56.00 19 172.16 255

Quantity Traded 13,311 90,579 362,025 227,222 318 38,287 731,742

Value Traded 655,300.53 333,888.51 74,508,651.35 39,711,809.36 16,917.60 6,594,530.32 121,821,097.67

Symbol No. of Deals Current Price SEPLAT 14 577.16 Daily Summary (Equities) 14

Quantity Traded 4,605 4,605

Value Traded 2,657,227.95 2,657,227.95

7,399,179

247,375,720.78

590 Symbol RTBRISCOE

No. of Deals 13 13

Current Price Quantity Traded Page 9 of 12 0.91 56,967 56,967

Value Traded 51,490.87 51,490.87

Courier/Freight/Delivery RED STAR EXPRESS PLC TRANS-NATIONWIDE EXPRESS PLC. Courier/Freight/Delivery Totals

Symbol REDSTAREX TRANSEXPR

No. of Deals 5 3 8

Current Price 4.20 1.29

Quantity Traded 330,000 94,446 424,446

Value Traded 1,386,120.00 121,835.34 1,507,955.34

Employment Solutions C & I LEASING PLC. Employment Solutions Totals

Symbol CILEASING

No. of Deals 5 5

Current Price 0.50

Quantity Traded 78,790 78,790

Value Traded 39,395.00 39,395.00

Hotels/Lodging IKEJA HOTEL PLC TOURIST COMPANY OF NIGERIA PLC. Hotels/Lodging Totals

Symbol IKEJAHOTEL TOURIST

No. of Deals 168 1 169

Current Price 3.05 3.51

Quantity Traded 37,716,021 200 37,716,221

Value Traded 124,313,742.30 670.00 124,314,412.30

Symbol DAARCOMM

No. of Deals 3 3

Current Price 0.50

Quantity Traded 250,100 250,100

Value Traded 125,050.00 125,050.00

No. of Deals 19 19

Current Price 4.14

Quantity Traded 533,899 533,899

Value Traded 2,086,371.70 2,086,371.70

DAAR COMMUNICATIONS PLC Media/Entertainment Totals

Printing/Publishing UNIVERSITY PRESS PLC. Activity Summary on Board EQTY Printing/Publishing Totals SERVICES Road Transportation ASSOCIATED BUS COMPANY PLC Published by The Nigerian Stock Exchange © Road Transportation Totals Transport-Related Services

Value Traded AIRLINE SERVICES AND LOGISTICS PLC 445,717.38 NIGERIAN AVIATION HANDLING COMPANY PLC 445,717.38 Transport-Related Services Totals Support and Logistics Value Traded CAVERTON OFFSHORE SUPPORT GRP PLC 15,115,925.80 Support and Logistics Totals 10,667,446.96 872,526,924.50 SERVICES Totals 66,436,394.90 131,571.97 EQTY Board Totals 17,895,616.76 Equity Activity Totals 4,262,095.61 987,035,976.50 Daily Summary as of 15/10/2014 2,811,542,141.36 Printed 15/10/2014 14:49:31.031 Exchange Traded Fund NEWGOLD EXCHANGE TRADED FUND (ETF) Value Traded VETIVA GRIFFIN 30 ETF 1,833.72 1,833.72 Traded Fund © Published Exchange by The Nigerian Stock Exchange Name Value Traded Exchange Traded Fund Totals

619,250.00 ETF Board Totals 2,134,369.80 59,091,358.00 3,188,818.11 ETP Activity Totals 6

Current Price 39.00 14.85 219.94 1.05 0.50 5.08 123.00

Value Traded 743,227.50 743,227.50

Daily Summary as of 15/10/2014 Media/Entertainment Printed 15/10/2014 14:49:31.031

Page

No. of Deals 40 24 30 1 1 5 61 203

Quantity Traded 1,486,455 1,486,455

SERVICES Automobile/Auto Part Retailers R The T BRISCOE PLC. Published by Nigerian Stock Exchange © Automobile/Auto Part Retailers Totals

Quantity Traded 302,000 611,245 1,020,000 1,634,927

Page

Symbol CAP CCNN DANGCEM DNMEYER IPWA PORTPAINT WAPCO

Activity Summary on Board EQTY OIL AND GAS Totals

Quantity Traded 518 518

Current Price 31.41 8.50

No. of Deals Current Price 20 0.50 20

Exploration and Production SEPLAT PETROLEUM DEVELOPMENT COMPANY LTD Exploration and Production Totals

290,505,480 Current Price 3.72

ASHAKACEM BERGER

Symbol JAPAULOIL

Name

Symbol EKOCORP

Daily Summary (Equities) Symbol No. of Deals

INDUSTRIAL GOODS Totals

Daily Summary as of 15/10/2014 Printed 15/10/2014 14:49:31.031 NATURAL RESOURCES

OIL AND GAS Energy Equipment and Services JAPAUL OIL & MARITIME SERVICES PLC Energy Equipment and Services Totals

No. of Deals 11 11

INDUSTRIAL GOODS Building Materials ASHAKA CEM PLC BERGER PAINTS Activity Summary onPLC Board EQTY

Value Traded 22,886,859.76 4 of 12 17,756,045.57

15,075,346 768,064 3,706,720 2,279,934 33,360,227 151,584,273

3,003

No. of Deals 2 2 4

NATURAL RESOURCES

Value Traded

Symbol NPFMCRFBK

FINANCIAL SERVICES Totals

Symbol NCR TRIPPLEG

227,814,707.71 236,666,991.18

Page

IT Services NCR (NIGERIA) PLC. TRIPPLE GEE AND COMPANY PLC. IT Services Totals

Paper/Forest Products THOMAS WYATT NIG. PLC. Activity Summary on Board EQTY Paper/Forest Products Totals

3 8,852,283.47 of 12

65,119,213.98 Value Traded 22,617.00 22,617.00

18,800.00

Quantity Traded Page 168,122 229,813 397,935

3,649,877 Quantity Traded 41,900 41,900

Electronic and Electrical Products CUTIX PLC. NIGERIAN WIRE AND CABLE PLC. Electronic and Electrical Products Totals

No. of Deals 29 1 34 28 151 3 246

Value Traded 83,584.35 65,117,380.26

Current Price 0.55

INDUSTRIAL GOODS Building Materials CAP PLC CEMENT CO. OF NORTH.NIG. PLC DANGOTE CEMENT PLC DN MEYER PLC. IPWA PLC PORTLAND PAINTS & PRODUCTS NIGERIA PLC LAFARGE AFRICA PLC. Building Materials Totals

Symbol CHAMPION GOLDBREW GUINNESS INTBREW NB PREMBREW

Quantity Traded 81,187 3,649,359

No. of Deals 7 7

Value Traded 2 of 12 18,800.00

Current Price 1.03

ICT Totals

Quantity Traded Page 37,600 37,600

Current Price 52.50 980.00

No. of Deals 9 83

Symbol COURTVILLE

Daily Summary as of 15/10/2014 E-TRANZACT INTERNATIONAL PLC Printed 15/10/2014 14:49:31.031 Processing Systems Totals

Current Price 0.50

No. of Deals 41 69 110

NESTLE NIGERIA PLC. Food Products--Diversified Totals

ICT Computer Based Systems COURTEVILLE BUSINESS SOLUTIONS PLC Computer Based Systems Totals

No. of Deals 1 1

Symbol DANGFLOUR DANGSUGAR FLOURMILL Daily Summary HONYFLOUR NASCON

Symbol NEIMETH

HEALTHCARE Totals

Symbol DUNLOP

Symbol CADBURY NESTLE

HEALTHCARE Pharmaceuticals NEIMETH INTERNATIONAL PHARMACEUTICALS PLC Pharmaceuticals Totals

Symbol FTNCOCOA OKOMUOIL PRESCO

Daily Summary (Equities) Symbol UPL

Symbol ABCTRANS

No. of Deals 8 8

Current Price 0.67

Quantity Traded 110,333 110,333

Value Traded 73,673.11 Page 73,673.11

Symbol AIRSERVICE NAHCO

No. of Deals 3 30 33

Current Price 2.01 5.05

Quantity Traded 13,750 2,584,796 2,598,546

Value Traded 26,657.50 13,035,238.48 13,061,895.98

Symbol CAVERTON

No. of Deals 9 9

Current Price 4.84

Quantity Traded 70,900 70,900

Value Traded 326,140.00 326,140.00

267

41,840,202

141,586,384.30

5,497

420,010,971

4,612,296,272.60

5,497

420,010,971

4,612,296,272.60

Daily Summary (ETP) Symbol NEWGOLD VETGRIF30

No. of Deals 1 3

Current Price 1,938.00 17.80

Quantity Traded 11 1,110

Symbol

No. of Deals 4

Current Price

Quantity Traded 1,121

Daily Summary (ETP)

Page

Value Traded 21,318.00 20,068.00 11

Value Traded 41,386.00

1,121

41,386.00

1,121

41,386.00

NEW TELEGRAPH thursday, OCTOBER 16, 2014

News 45

south — east

Okorie: North should forget presidency in 2015 balance

Chekwas Okorie tells it as it is. The North can and must wait till after 2015 for a shot at presidency Steve Uzoechi OWERRI

ational Chairman of the United Progressives Party (UPP), Chief Chekwas Okorie, has said that it is not time yet for northern Nigeria to ascend the presidency of the country. He advised the ava-

lanche of presidential aspirants from the zone angling for power in 2015 to shelve their ambitions as it is not yet right for power to shift. Okorie made the assertion yesterday in Owerri, the Imo State capital at the 47th birthday ceremony of Chief Osmond Ukanacho, the UPP governorship candidate for the state. He argued that the

5,108

North had held power more than any other geopolitical zone since the country’s Independence. The UPP leader also faulted some Igbo leaders, who had adopted President Goodluck Jonathan for the 2015 presidential election, insisting that such a sensitive matter should be negotiated and documented for posterity. “We are not against the adoption of the President

The number of refugees in Nepal at the beginning of 2010. Source: Blatantworld.com

but we are saying that such adoption should not be done in a vacuum; it should be negotiated and documented for posterity. We don’t want to make the mistake of the past and anybody who desires the votes of Ndigbo should come to the table for discussion”. He described the celebrant as a large-hearted philanthropist saying, “Ukanacho is celebrat-

42.3%

The urban population percentage of Maldives in 2012. Source: Un.org

ing his birthday today and empowering many because of his principled lifestyle, which did not start today. There are some in Imo, who have never celebrated their birthday or invited anybody for anything but as soon as they assume power, they flood the newspapers with their pictures and find frivolous excuses to junket with state fund. So, when Ukanacho cel-

34.49

The number of fixed-telephone subscriptions per 100 inhabitants of Aruba in 2010. Source: Itu.int

ebrates as governor of Imo State, you will know that it proceeds from his decent pedigree.” Also speaking, Ukanacho observed that destitution and poverty are more prevalent in developing nations of the world, adding that countries that have overcome impoverishment had done so by deliberate and strategic effort driven by inspired leaders.

-15.18%

The percentage growth rate of air travel passengers in Owerri airport (2012-2013). Source: National Bureau of Statistics

Ebonyi Central endorses Chukwu Charles Onyekwere ABAKALIKI

he Ebonyi Central Senatorial Zone of Ebonyi State has joined other districts to endorse the Minister of Health, Professor Onyebuchi Chukwu as the 2015 Peoples Democratic Party (PDP) gubernatorial candidate in the state. The zone, comprising Ezza North, Ezza South, Ikwo and Ishielu Local Government Areas made this known after a meeting of leaders of the zone on the forthcoming general election and that of PDP consensus candidate. In a communique read and made available to newsmen yesterday in Abakaliki, which was signed by 20 members from each of the LGAs, they applauded the wisdom, integrity and generosity of the founding fathers, who entrenched the spirit of an unwritten charter of Equity in their moral compass by the unanimous agreement that Ebonyi South should be allowed and supported to produce the next governor. According to the communiqué, it is moral, equitable and just to rotate the governorship of Ebonyi State between the three senatorial zones, in order to guarantee political stability, social cohesion and multilateral contribution to the growth and development of the young state. Continuing, the communiqué also called on Governor Martin Elechi to accept the overwhelming invitation to offer himself as a candidate to represent them at the (upper house) Senate for Ebonyi Central Zone in 2015.

L-R: South-South Chairman, PDP, Dr. Cairo Ojuogbo; Delta State Deputy Governor, Prof. Amos Utuama and Governor Emmanuel Uduaghan, during the commissioning of the new PDP secretariat building, in Asaba…yesterday

$9.3m: South East CAN defends Oritsejafor

Okonjo-Iweala, Kalu for 2nd Aba Economic Summit

he South East zone of the Christian Association of Nigeria ( CAN) yesterday joined in defending the President of CAN, Pastor Ayo Oritsejafor over his alleged involvement in the $9.3 million arms deal, describing those trying to make out something from the issue as unserious. South East Chairman of CAN, Bishop David Eberechukwu, told reporters at Umunze in Orumba South Local Government Area of Anambra State after a meeting of the association, that CAN had investigated the matter and came out with the conclusion that the man was not involved in the deal. The bishop said: “Having met with some of the church leaders in the zone and having heard from Pastor Ayo Oritsejafor on the scandal of money laundering and arms deal, we are proud to say that he is not involved in the whole issue. “We have followed the

Peter Osondu

discussions and have been patiently following the issue in the press and we are so confident that our president cannot and will not get himself involved in anything that will tarnish his image or bring shame to the church. “We believe strongly in his statement and what the Federal Government has said about the involvement of his aircraft and the money involved. If there is a man seeking for peace and unity of Nigeria, he is the one. The man Ayo has done so much for his country, CAN and humanity. “Nigerians should be fair to Pastor Oritsejafor. That his aircraft was chartered for a trip to South Africa was something done in the aviation industry and the company in charge and the man who hired the aircraft were not mentioned, only for some Nigerians to be insinuating that Oritsejafor is an arms dealer and money launderer.”

ABA

he Coordinating Minister for the Economy and Minister for Finance, Dr. Ngozi Okonjo-Iweala, is among the eminent personalities that would serve as resource persons during the second Aba Economic Summit which holds from October 23 through 24 in the commercial city. The summit is being organized by the Abia Think Thank Association (ATTA). The President of ATTA, Mazi Sam Ohuabunwa, who disclosed this in Aba while addressing newsmen on the forthcoming economic summit, stated that the summit which has as its theme, “Aba as the centrepiece of Abia Economic Renaissance” is being organised to consolidate and deepen the gains of Aba summit One. Some other resource persons at the two day

summit are Gov T.A Orji; Minister of Labour and Productivity, Emeka Wogu; Ohuabunwa; NNOM chairman, Prof Anya O. Anya and Chairman BGL Securities, Dr. Kalu Idika Kalu. Also on the list are, Dr. Alex Otti, GMD/CEO Diamond Bank Plc; DG, Securities and Exchange Commission (SEC), Ms. Arunma Oteh; Former Minister of Power and Chairman, Geometric Power Ltd., Prof Barth Nnaji; President/CEO, Masters Energy Group, Dr. Uche Ogah and the MD/CEO, Nigeria Sovereign Investment Authority, Mr. Uche Orji. Ohuabunwa said that ATTA, made up of committed and passionate Aba intellectuals and professionals, decided to hold the summit to generate robust and vibrant ideas that would help to harness the economic strength of Aba to shore up the economic fortune of Abia and neighbouring states.

Anglican Bishop blames church for Nigeria’s woes Peter Osondu

ABA

he Bishop of the Diocese of Aba Ngwa North, Anglican Communion, Abia State, Rt. Revd. Nathan C.O Kanu, has said he would partly blame the church for some of the country’s woes. Kanu said he was laying the blame because the church, according to him, has not fulfilled its responsibilities as the salt of the nation. Kanu, who stated this while addressing newsmen in his office as a prelude to the second session, third synod of the Diocese in Aba, said if the society goes sour politically, morally or otherwise, Christians should be held responsible.

News

legion

They are many eyeing Government House, Asaba. Time to reduce the number of aspirants Dominic Adewole Asaba

ational Chairman of the ruling Peoples Democratic Party (PDP), Alhaji Adamu Mua’azu, had a stopover in Asaba, Delta state yesterday, apparently, to wade into the turbulent political situation over

south — south

thursday, OCTOBER 16, 2014 NEW TELEGRAPH

Mua’azu, Uduaghan, Nwaoboshi, in talks over Delta governorship race who succeeds the incumbent governor, Emmanuel Uduaghan. The meeting saw both the party’s Chairman, Uduaghan and the state chairman of the party, Chief Peter Nwaoboshi, go into a closed door meeting for several hours on how to douse crisis plaguing the party in the state over who emerges the party’s flag bearer. The leadership of the

party was said to have expressed worry over the numerous aspirants that have indicated interest in the governorship race. New Telegraph gathered that the parley between the party’s national leadership and the governor centered on how best to prune the number of candidates who have indicated interest in the governorship race. Already, the governor-

ship race has divided the Asagba of Asaba, Obi Chike Edozien (the leader of Anioma Congress) and Governor Uduaghan, who have divergent views on who should succeed the governor from Delta North Senatorial District. While Uduaghan is said to favour a retired Permenent Secretary, Sir Tony Obuh and Mr. Charles Emetulu, the monarch is said to be dis-

posed to other candidates as successor to Governor Uduaghan. On this strength, the Asagba, accompanied by other monarchs, last week stormed Abuja, to allegedly press home their demand, but Obuh’s name was “conspicuously removed from the list of Anioma Congress when the Asagba deliberately submitted the names of his favourite aspirants.”

L-R: Director Corporate Affairs and Communications, Lead City University, Dr. Ayobami Owolabi; Vice-Chancellor, Prof. Olufemi Onabajo; Head, Special Projects, New Telegraph, Mr. Biodun Durojaiye; Business Development Manager, Mr. Taiwo Ahmed and Education Editor, Mr. Kayode Olarenwaju, during a courtesy visit by representatives of New Telegraph Management to the university in Ibadan, Oyo State…yesterday. PHOTO: GODWIN IREKHE

APC condemns attack on members in Edo Ex-militant carpets Kuku Clement James Calabar

ational Vice Chaiman (South South) of the All Progressive Congress, Mr. Hilliard Etta, has condemned what he called a politically motivated attack on members of the party in Edo State. A Statement issued by Etta in Calabar yesterday, alleged that the attack was motivated by members of the opposition Peoples Democratic Party in the state. The statement, which was personally signed by Etta, reads in part; “We are

particularly irked that last Monday’s attack on some APC lawmakers clearly revealed PDP’s resolve to reduce Edo to a theatre of war and extend same to other parts of the country ahead of the 2015 general elections with APC officials as major targets.” According to Etta, “this latest attack, which by our estimation was propelled by a recent ‘vow’ by the PDP leadership to take over power in Edo further lends credence to the sniper allegations earlier made by ex-president Olusegun Obasanjo against the PDP led government.” He also condemned the action of the Police in Edo

State, alleging that the Police “is now being coerced as the militant wing of the PDP.” “Unfortunately, the conduct of the police in the latest violence has also confirmed our suspicion that the Nigeria Police is now being coerced as the militant wing of PDP,” the statement said. He said, “We are particularly irked that last Monday’s attack on some APC lawmakers clearly revealed PDP’s resolve to reduce Edo to a theatre of war and extend same to other parts of the country ahead of the 2015 general elections with APC officials as major targets.”

Amaechi plans commemorative rally Emmanuel Masha Port Harcourt

he Rivers State government has inaugurated a committee to organize an event to commemorate the Supreme Court victory that

brought Governor Chibuike Rotimi Amaechi to power on October 25, 2007. The rally is scheduled to hold at the new 65,000-seating capacity stadium in Port Harcourt on October 25, 2014. Inaugurating the com-

mittee at the banquet hall of Government House, Port Harcourt, Amaechi said the rally was being organised for the progress and development of the state and not for political campaign or anything relating to it.

Emmanuel Masha Port Harcourt

n ex Niger Delta militant leader, Orinaemi Hart has called on President Goodluck Jonathan to probe the activities of the Presidential Amnesty activities, under the office of Prince Kingsley Kuku in Abuja, alleging that there is serious rot in the outfit, established in 2009 to rehabilitate ex-militants who spearheaded the crisis in the region. Hart urged Jonathan to direct the Economic and Financial Crimes Commission (EFCC), to investigate the Amnesty Office and officials, just as he urged the Federal Government to establish a monitoring group to oversee the operations of the Amnesty Office. Hart, who founded the disbanded militant group, Okoloma Ikpangi, whose members operated in the Bonny axis of Riv-

ers State, said there was massive fraud at the Amnesty office that should be investigated. He said that the Federal Government meant well by establishing the amnesty programme, but that its handlers had deviated from that objective, preferring to empower themselves alone. The former militant, who spoke to reporters in Port Harcourt, the Rivers State capital, noted that although the Amanesty office gave his group (Okoloma Ikpangi) 500 slots, only 100 of them were being paid from October 2012. He alleged that fictitious names were added by the management of the programme to shortchange the ex-fighters who were supposed to benefit, and alleged that the monthly allowances of his members were being channeled to the personal account of an official of the Amnesty Office.

But with Mua’azu’s visit to the state yesterday, a source disclosed, the equation in the race may have tilted in favour of the governor’s preferred candidate. The source said, “Now that Mua’azu has come to see things for himself, We all know where the pendulum will swing. No matter what, the governor and the state Chairman will resolve the issue once and for all.” The source further said, for effective delivery of result during next year’s general elections, the National body of the party has to work in consonance with the state chapter, towards enhancing its grassroot stronghold. Meanwhile, Uduaghan has reaffirmed the commitment of the state chapter of the party towards re-electing President Goodluck Jonathan for a second term. Uduaghan assured Mua’azu that Delta was strongly behind the President and was in full support of the National Executive Council (NEC) decision to adopt him as the party’s sole candidate. “Delta is behind you, we are solidly behind you. We will not get tired in supporting you as you support

Rivers PDP calls for Wali’s release Emmanuel Masha Port Harcourt

he Rivers State chairman of the Peoples Democratic Party, PDP Mr. Felix Obuah, has called for the immediate and unconstitutional release of the former president of the Nigerian Bar Association (NBA), and a Senior Advocate of Nigeria Okey Wali. Despite appeals for Wali’s release, the unidentified gunmen are still keeping him and had not contacted the family at the time of this report. Obuah, described the abduction as barbaric, and criminal, noting that Wali had contributed to the growth, development, peace and justice in Rivers and Nigeria at large. “I pray those who are holding Okey Wali captive to release him immediately and unconditionally” Bro Obuah appealed.

NEW TELEGRAPH THURSDAY OCTOBER 16, 2014

‘I’ll donate my allowance’ Cheke Emmanuel LAFIA

n aspirant to the Nasarawa State House of Assembly, Jacob Kudu Ajegena, yesterday promised to donate all his constituency allowance to the execution of projects that would uplift the living standard of his people, if elected. Ajegena also promised to donate free uniforms for school children in all the schools in the constituency annually as part of his contribution to the free education policy of Governor Tanko Al-Makura. He made this known in an interview with New Telegraph in Akwanga, saying he was prompted to aspire for the Assembly seat because of determination to provide selfless service to the people. Ajegena, who is contesting on the platform of the All Progressives Congress (APC), added that he was in the race because of the poor performermance of both past and current representatives of the constituency. He said: “I have been monitoring what is happening at home and I discovered that I can do better, because I am not satisfied with what others have done so far. Not that they didn’t do their best, but there is room for improvement”.

Choice of Lamido’s successor may split Jigawa PDP Dahiu Suleiman Dutse

he choice of who succeeds Jigawa State Governor, Alhaji Sule Lamido, next year among the many aspirants jostling for the governorship seat in the Peoples Democratic Party (PDP) may end up splitting the party into two factions, one led by the governor while the other is loyal to President Goodluck Jonathan. Investigations conducted by our correspondent revealed that there

is a supremacy battle going on between the two factions as the race to the Government House gets hotter. While Lamido’s faction was accused of trying to dominate the party, the other faction loyal to the President was accused of manipulating positions to be contested for. Reports said Lamido and few other PDP caucus members have held a closed-door meeting and have compiled a list of the party’s loyalists for the different elective

Makurdi

enue State chapter of the Christian Association of Nigeria (CAN) yesterday protested the divestment of N43 billion shares belonging to the state to Dangote Cement Plc; describing it as a blow to the economy of the state. CAN Chairman in Gboko, Rev. Sam Gar,

who led other men of God and worshippers in the protest, told journalists that it was appalling that rather than alleviate the pains of the people, the state government is inflicting more pains on them by taking what rightly belongs to them. He called on wellmeaning people in Benue State to join the association to reject the deal and ask for a reversal. Gar, who threatened

to invoke the wrath of CAN against those behind the deal, called on political parties and their aspirants to take decisive steps to reverse the action or be rejected at the polls. He also raised the alarm over plans by Dangote Industries to lease more land and limestone deposits for cement production activities at Tse Kucha in Gboko, following an agreement reached with some politicians.

El Rufai advocates issues-based politics Ibraheem Musa Kaduna

or mer Minister of Federal Capital Territory(FCT), Malam Nasir El Rufai, has advised All Progressives Congress (APC) members to desist from politics of blackmail and focus on issue-based politics that

positions in the 2015 general elections. During one of such meetings, it was gathered that a former chieftain of the party, Alhaji Isa Bahutu Alhaji Salisu Mamuda, the Chief of Staff to the governor, Aminu Ibrahim and some selected few were given the floor to dictate and share positions while scrutinising aspiring candidates for the elections, an action that did not go down well with several other staunch members of the party. Others at the meeting,

according to our sources, were the Deputy Governor, Ahmad Mahmud, Alhaji Saidu Yanleman and Muhammad Daguro, among others. They were said to have dictated who would succeed Lamido and those to be given the party’s tickets for the different elective posts. The sources said that the meeting also had in attendance the Jigawa State Commissioner of Finance, who was said to have been recommended by the gathering to succeed Governor Lamido while, former

Kiri-Kasamma Local Government Chairman, was nominated to be his deputy. Investigations also revealed that the new development has triggered ill-feelings among those gunning for the number one seat in the state, especially among other commissioners, who had earlier shown interest in succeeding Governor Lamido. But reacting to the allegations yesterday, officials of the government denied that the governor has anointed any candidate.

Kebbi State Governor, Saidu Dakingari (right) and the Chairman, PDP Board of Trustees, Chief Tony Anenih, during Anenih’s visit to Birnin Kebbi …yesterday

CAN protests divestment of N43bn Benue shares in Dangote Cement Cephas Iorhemen

News 47

NORTH

can bring development to Kaduna State. El Rufai, who is a gubernatorial aspirant on the platform of APC, gave this advice while addressing party members in Kafanchan, in continuation of his tour of Southern Kaduna yesterday. He described the killings that have been taking place in the area as ungodly.

“All these killings are barbaric and unfortunate and so, we must defy all odds to live in peace, accommodate and respect one another. Government must stand up and protect citizens they took oath to protect; representatives must also take concern of their constituencies as basis of their representation.”

Pandemonium as soldiers attack suspected insurgents in Lafia Cheke Emmanuel LAFIA

here was pandemonium yesterday in Lafia, Nasarawa state, following a gun battle between angry youths from Ashangwa and soldiers in Lafia metropolis. Trouble started when the Ashangwa youths were said to have chased a truck suspected to be conveying armed insurgents into the state from neigbouring Plateau State to the popular Shinge cattle market in Lafia, the state capital. They were said to have earlier repelled an attack on Ashangwa Market by AK47 wielding Fulani insurgents, who invaded the market about 9.00am, shooting sporadically and injuring scores of people while carting away huge sums of mon-

ey and other valuables. Eyewitness account said the AK47 wielding Fulani insurgents stormed Ashangwa market located along Lafia-Shedam road, shooting at traders and stealing huge sums of money, foodstuffs and other valuables before the arrival of soldiers after attempts by youths of the community to repel them. Angered by the development, the youths on sighting a suspected truck conveying armed insurgents amidst cows from neighboring Plateau Sate, chased the truck from Ashangwa to Lafia in an attempt to intercept it. It was gathered that the youths, numbering about 50, exchanged fire with the occupants of the truck making the people to scramble for safety. But the truck with registration number:

PLATEAU DNG 155 XAA was, however, intercepted by soldiers in Lafia, the state capital. One of the passengers in the truck, Alhahi Danladi Babaji, said the truck was coming from Kanam, Plateau State before they were stopped by some gunmen at Ashangwa market, demanding to carry out a search on the truck. Confirming the incident, Nasarawa State Police Public Relations Officer (PPRO), Ismaila Numan, said some gunmen attacked a truck loaded with cows travelling from Jos to Shinge market in the state capital. According to him, there was no casualty recorded during the crisis, but that four people were injured, adding that security men were deployed to the area.

News

NATIONAL

THURSDAY OCTOBER 16, 2014 NEW TELEGRAPH

Kwara lawmakers pass revised 2014 budget Biodun Oyeleye Ilorin.

he Kwara State House of Assembly yesterday passed the 2014 revised appropriation bill for the state into law. The new revised budget according to the Speaker, Alhaji Razak Atunwa, after considering the report is now N115. 6 billion against N130.262 billion earlier passed by the House. The budget size according to Atunwa was scaled down by N14.6 billion or 11.26 per cent. The breakdown of the budget indicates that recurrent revenue estimate of N72.9 billion was revised down to N65.1 billion representing a decrease of N7.7 billion or 10.69 per cent. Recurrent capital receipt of N63.8 billion was also revised down to N11.4 billion or 17.91 per cent. The approved 2014 budget surplus from recurrent transfer of N6.5 billion came down to N1.9 billion representing a decrease of N4. 5 billion or 69.86 per cent. Chairman of the House Committee on Finance and Appropriation, Alhaji Suleiman Sunaboro Idris, had while presenting his report, informed the House that the revised budget became imperative due to decrease in revenue collection for the second quarter of the year, recurrent revenue proposal made up of Statutory Allocation, value Added Tax (VAT) Excess Crude Account and Revenue Internally Generated (IGR).

L-R: New Permanent Secretaries, Ambassador Bulus Zom Lolo; Mrs. Mede Nana Fatima and Amina Aliyu Bisalla, taking their oath of office, at the Presidential Villa, Abuja… yesterday. PHOTO: TIMOTHY IKUOMENISAN

2015: Ikot Ekpene elders adopt Jonathan, Akpabio

he re-election bid of President Goodluck Jonathan and senatorial ambition of the Akwa Ibom State Governor, Chief Godswill Akpabio in the 2015 general election have received the unanimous endorsement of leaders, elders and stakeholders of Ikot Ekpene Senatorial District. This endorsement was contained in a communique issued at the end of the Senatorial District Elders and Stakeholders’ Meeting held in lkot Ekpene on Monday October 13. In the communique, the people of lkot Ekpene declared their support for the sole candidacy of President Jonathan and

Governor Akpabio in the 2015 elections, stating that their leadership strides, as evidenced in the eventful governance of the nation and state, was the basis for the endorsement. Declaring their unflinching support for President Jonathan, the elders noted that with his unparalleled developmental strides in all sectors and the fight against insecurity and insurgency, it was apt to support the president in his return bid. Citing the uncommon transformation that has turned Akwa Ibom into a destination of choice, the elders noted that their resolve to send Akpabio to

Ahmed, school owners bicker at resumption Biodun Oyeleye Ilorin

chools resumed yesterday in Kwara State after a prolonged holiday occasioned by the outbreak of Ebola Virus Disease. But scores of Christians from various denominations stormed the streets of Ilorin, the state capital in the early hours of the day to protest the delay in the implementation of a promise by the state government to return their schools to them. However, Governor AbdulFattah Ahmed described the action as uncalled for, as according to him, government had sent the proposed bill to make the return of schools legal and binding, to the state’s House of Assembly. He told newsmen that government would be contravening the existing law to return the schools without the bill before the

lawmakers being passed. The governor, who described running the schools as a burden on lean state finances, said his administration was willing to return them just as it was still willing to take over and grant-aid to those who have applied

to be considered for such. As early as 7am yesterday, christians affected by the development had gathered at the entrances of their schools, singing Christian songs and praying fervently for the state government to hand the schools back to them.

Slums upgrading: FG picks four cities Yusuf Shuaib Abuja

BUJA – In line with the Federal Government’s decision to provide affordable housing for all, the minister of Lands, Housing and Urban Development, Mrs Akon Eyakenyi has come up with plans to immediately attend to the increased growing of slums in the country. To this end, the Minister explained that a slum area would be picked in Lagos, Abuja, Ibadan and Aba in Abia state respect-

fully for the upgrading. “The project would kicked off at any identified slum in the Federal Capital Territory with 54 housing units of one bedroom flats, to commemorate the country’s 54th Independence Anniversary’ the minister said.. Eyakenyi, who stated this at the closing ceremony of the activities to mark the 2014 Habitat Day with the theme: ‘Voices from Slum’, in Abuja, said the project was part of the government’s efforts to respond to the increased growing of slums in the country.

the Senate was a reward for his commitment to infrastructural and human capital development of the people, stating that his representation would provide the political nerve and goodwill needed to drive the transformation agenda of President Jonathan. They also used the occasion to declare their support for power shift to Eket Senatorial District of the state and their decision to support the

Secretary to the Akwa Ibom State Government, Mr. Udom Emmanuel, to contest next year’s gubernatorial election. This, they stated, in order to sustain the uncommon transformation engendered by Governor Akpabio. Present at the meeting were past and present political office holders from Ikot Ekpene senatorial District including Senator Emmanuel Ibokessien, who

Kalu greets Alaafin at 76

minent businessman and former governor of Abia State, Dr. Orji Kalu has described Alaafin of Oyo, Oba Laimidi Adeyemi as a courageous monarch whose era has brought progress and development in Oyo. Kalu made the remark in a goodwill message to the royal father on the occasion of his 76th birthday. In a statement signed

by his media adviser, Ebere Wabara, Kalu said, “I join Oyo royal family, well wishers and people of Oyo in celebrating Oba Adeyemi at 76. Kabiyesi, your continuous contribution to nation building is highly commendable. As a paramount ruler, you have upheld the legacy of the traditional institution. It is my prayer that God will grant you long life on the throne of

is a member of the PDP Board of Trustees, alongside party officials from the area. With this endorsement, which corroborates an earlier declaration by youths and women of the district, the coast has now been cleared for Governor Godswill Akpabio, to answer the call from his people to represent Ikot Ekpene Senatorial District in the National Assembly in 2015.

your forefathers”. The former governor noted that Oba Adeyemi has promoted the cultural heritage of his people and as such, contributed immensely to social, economic and political development of the country. Kalu, while wishing the monarch a happy celebration prayed God to grant him robust health and wisdom to run the affairs of Oyo kingdom.

Fintiri asks NJC to probe non-release of judgement Tunde Oyesina Abuja

he former Acting Governor of Adamawa State, Umaru Fintiri yesterday asked the National Judicial Council (NJC) to investigate Justice Adeniyi Ademola for not releasing a copy of the judgment which sacked him from office to his lawyers. The lead counsel to Fintiri, a former Attorney General of the Federation and Minister of Justice, Chief Bayo Ojo SAN, in a petition dated October 10 and a followup dated October 14, signed by Chief Duro Ad-

eyele, SAN, claimed that “To begin with, though Tuesday October 7 was a public holiday, I got a phone call at about 6:19 pm from someone who claimed to be the secretary to the presiding judge of Federal High Court No 6, Abuja intimating me that judgement in the above quoted suit would be delivered the next day Wednesday 8th October. I was not in Abuja and I therefore instructed one of my junior colleagues in chambers to go for the judgement. I also emphasized that he should obtain a certified true copy of the judgement as my expectation was that His Lordship would make a copy

of the judgement available to parties knowing the constitutional and political nature of the case. “ However, no copy of the judgement was made available. “On getting back to Abuja on the same Wednesday 8th October, I instructed one of my junior colleagues in chambers to apply for a certified true copy of the said judgement to concretize the notice of appeal which I had instruction of my client to file”, Adeyele stated. He further stated in the petition that up till close of business of that day, the judgement was not made available.

News 49

NEW TELEGRAPH THURSDAY OCTOBER 16, 2014

Health workers begin indefinite strike today Sola Adeyemo Ibadan

L-R: National Deputy Chairman, South West, All Progressives Congress, APC, Chief Segun Oni; out-going Ekiti State Governor, Dr. Kayode Fayemi; Onisan of Isan Ekiti, Oba Sunday Ajiboye; former Governor of Ekiti State, Otunba Niyi Adebayo and Speaker, Ekiti State House of Assembly, Dr. Adewale Omirin, during a reception for Fayemi by the people of Isan Ekiti... yesterday

Appeal Court reserves judgement on Akingbola’s application Akeem Nafiu

he Court of Appeal in Lagos has reserved judgement in an application filed before it by a former Managing Director of the defunct Intercontinental Bank Plc, Dr. Erastus Akingbola, challenging the ruling of Justice Lateef Lawal-Akapo of an Ikeja High Court on the issue of jurisdiction. The appellate court presided over by Justice Amina Augie, took the action after counsel to parties in the case had adopted their brief of

arguments. Akingbola and his co-defendant, a former financial officer of the bank, Bayo Dada, had filed two separate applications to challenge the lower court’s power to entertain the 22-count charge filed against them by the Economic and Financial Crimes Commission (EFCC). The lower court had in its ruling delivered on May 2, dismissed their applications and held that the charges preferred against them were within its jurisdictions, competence and purview to determine.

Dissatisfied, Akingbola and Dada filed two separate appeals against the ruling and urged the appellate court to set it aside. While adopting their brief of arguments yesterday, Akingbola’s lead counsel, Chief Wole Olanipekun (SAN) and Dada’s lead counsel, Prof. Taiwo Osipitan (SAN) urged the court to allow the appeal and set aside the decision of the lower court. In their separate arguments, they urged the court to strike out or quash the information before the lower court as contained in charge

marked1D/148C/2011. They argued that the trial judge erred in law in his assumption of jurisdiction over the charge filed before him in the face of the clear provision of Section 251 of the Constitution and Section 8 (1) of the Federal High Court Act. They added that Section 251 of the “Constitution vests exclusive jurisdiction in the Federal High Court over the subject matter, stressing that Section 272 (1) of the Constitution, which provides for jurisdiction of the state high court was subordinate to Section 251.”

Ihedioha, others join guber race Keyamo blames FG over Onyekachi Eze ABUJA

he rank of gubernatorial aspirants on the platform of the Peoples Democratic Party (PDP) swelled yesterday with the entrance of the Deputy Speaker of the House of Representatives, Hon. Emeka Ihedioha into the race. Other aspirants, who picked the PDP nomination forms yesterday were immediate past Minister of State for Finance, Yerima Lawan Ngama, Senator Chris Anyanwu,

Deputy Governor of Niger State, Alhaji Ahmed Musa Ibeto, former Minister of State for Niger Delta, Dr. Sam Odeh and Alhaji Saad Sahabi Darangi. Ihedioha, who has been a member of the House since 2003, is seeking to fly PDP flag for the Imo State governorship election. He said he was joining the race to correct the wrongs of the All Progressives Congress (APC) led government in Imo State and identified education as main thrust of his government if elected.

Alamieyeseigha son’s death

Foluso Ogunmodede

agos lawyer, Mr. Festus Keyamo, yesterday blamed the Federal Government for the death of Oyamuyefa, the 32 year-old son of a former Bayelsa State Governor, Chief Dieprreye Alamieyeseigha. He said the government’s inactions over death of Nigerians in the Diaspora

Chukwu David Abuja

he Senate yesterday assured Nigerians that the Tobacco Products Regulation and Control Bill, 2014 being considered by it was not aimed at closing down multinational firms producing the product but targeted at safeguarding the health of the people. Chairman, Senate Committee on Health, Senator Ifeanyi Okowa, stated this at the public hearing

of the Committee to consider the harmonised National Tobacco Control Bill 2012(Senate Bill) and 2014(Executive Bill) which seeks to repeal the Tobacco (Control) Act 1990. Okowa stated this while reacting to the concerns raised by the Oyo State Government that any stringent regulations in the industry would worsen the economic situation of its people, assuring that the interest of all stakeholders would be taken into consideration in the passage of the bill.

igeria and Senegal could be declared Ebola-free within days after completing a 42-day period with no new cases, the World Health Organisation (WHO) said in a statement on Tuesday. This comes as Texas Department of Health yesterday announced that another healthcare worker in the United States (U.S) had tested positive to Ebola, bringing the number of cases in the United States (U.S) presently to two. The in-

ev Chris Okotie of the Household of God’s Church yesterday said he will not speak about the Christian Association of Nigeria, CAN, again. In a short statement, Okotie said, “I will not nobilitate such prosaic apologetic by a retort. Socrates once said to a young man, ‘Speak that I might see thee’. Now that CAN has spoken, even team Jonathan has spoken. Nigerians can now fully visualize the portrait of complicity shrouded in duplicity. Truth is never out of kilter. Hahaha”.

latest one. Keyamo said even though Oyamuyefa’s death in Dubai was painful, the government’s ultimatum to the authorities of the United Arab Emirate to fish out his killers when it ignored to take action when another Nigerian was murdered in similar circumstances nine months ago was not in order.

fected worker is among those who attended to Thomas Duncan, the Liberian who imported the virus to the US. Duncan died on October 8. According to the statement announcing plans to delist Nigeria from countries with Ebola outbreak, “If the active surveillance for new cases that is currently in place continues, and no new cases are detected, WHO will declare the end of the outbreak of Ebola virus disease in Senegal on Friday 17 October,” while that of Nigeria would be on Monday, October 20.

Saraki dynasty buried with Olusola, says aspirant Onyekachi Eze

hairman of the Federal Character Commission, Professor Abdulraheem Oba, yesterday said the dynasty of the former leader of the Senate in the second republic, Abubakar Olusola Saraki was buried with him. Professor Oba who was former Vice Chancellor of the University of Ilorin also said the sack of 49 lecturers of the university during his tenure was to sanitise the system.

$1.69m fraud: Court sets Ajudua, other free

Appolos Christian and was responsible for the Adeshuwa Shola

‘Nigeria gets Ebola-free status by Monday’

‘Tobacco bill won’t cause unemployment’ Appolonia Adeyemi

Okotie replies CAN

ealth workers across the country are commencing an indefinite strike action today over the lingering leadership crisis in the health sector. According to Comrade Felix Faniran, the National President of Nigeria Union of Allied Health Professionals (NUAHP), an umbrella body of group of professionals like Physiotherapists, Medical Laboratory scientists, pharmacists, occupational therapists, optometrists, dietitians, medical social workers, clinical psychologists, dental therapists etc, other factors responsible for the strike included

Lagos High Court sitting in Ikeja yesterday discharged a socialite and lawyer, Chief Fred Chijindu Ajudua, of the $1.69 million fraud charge brought against him by the Economic and Financial Crimes Commission (EFCC). Besides, his co-accused person, Charles Orie, was discharged of the alleged fraud.

Justice Kudirat Jose, who discharged the accused persons, yesterday said her decision was predicated on a motion initiated by the EFFC, which sought the withdrawal of the criminal charges preferred against the duo. Ajudua and Orie were arraigned before Justice Joseph Oyewole in 2003, for allegedly defrauding a German businessman, Remy Cima, of $1.69 million on a non-existent contract.

PUBLIC NOTICE This is to inform the general public of the loss of original letter of allocation dated 22nd July, 1992, of house no. 5 block 11-C close LS (B) Road 3-Bedroom with reference no. FHA, 82 Maitama Abuja allocated to Engr. Markus Hamman got missing. All efforts made to trace the said document proved abortive. If found, please return to the nearest police station station. General to please take note.

Signed: T.J. AONDO &Co.

WORLD | News

THURSDAY, OCTOBER 16, 2014 NEW TELEGRAPH

Hong Kong tycoon seeks end to protests

ong Kong’s most prominent tycoon, Li Ka-shing, yesterday urged protesters who have occupied parts of the city since late last month to go home, after police mounted their toughest action against the democracy activists in more than a week. Police arrested about 45 protesters in the early hours of yesterday, using pepper spray against those who resisted, as they cleared a main road in the Chinese-controlled city that protesters had blocked with concrete slabs.

But footage of police beating a protester went viral, sparking outrage from some lawmakers and the public. Authorities said police involved in the beating would be suspended. Outrage over the beating could galvanise support for the democracy movement in the city where the protests over Chinese restrictions on how it chooses its next leader had dwindled from about 100,000 at their peak to a few hundred. Li, Asia’s richest man and chairman of property developer Cheung Kong (Holdings) Ltd <0001.HK>,

had made no public comment on the protests but broke his silence to say if Hong Kong’s rule of law broke down it would be the city’s “greatest sorrow”. “Since the handover, the ‘one country, two system’ formula has protected Hong

Kong’s lifestyle,” Li said, referring to the formula under which the city has been run since its return from British to Chinese rule in 1997. “I urge everyone not to be agitated. I urge everyone not to let today’s passion become the regret for tomorrow. I earnestly request

everyone to return to their families,” Li said in his first public comments on the protests. The “one country, two systems” formula allows wide-ranging autonomy and freedoms not enjoyed on the mainland and specifies universal suffrage for Hong Kong as an eventual goal.

Voting begins peacefully in Mozambique

oting in Mozambique’s national election began peacefully yesterday. The election comes just months after a peace accord between the ruling Frelimo party and the opposition, Renamo, ended nearly two years of sporadic fighting in the north of the country. The two political parties were once guerrilla movements, fighting each other in the southeastern African nation’s brutal civil war. Presidential candidate for the majority Frelimo party, Filipe Nyusi cast his vote in the capital Maputo. “I voted for the future of the country,” said Nyusi, who voted with his wife, Laura, at a secondary school. Renamo leader Afonso Dhlakama also voted in the capital. “I have just voted and I appeal to all, particularly the youth to cast their votes,” said Dhlakama. He said he was confident that the election would be free and fair, after casting his vote. Dhlakama joined the presidential race only weeks

ago, after emerging from hiding in the northern Gorongosa Mountains during the renewed violence. Renamo, which has contested in each of Mozambique’s four previous elections, welcomed electoral reforms which included many of the party’s demands such as regulation of campaign advertisements on television and the distribution of a complete electoral register 50 days before the vote. Renamo has challenged the outcomes of all previous elections calling them “puppet shows.” Mozambique’s newest opposition party, the Mozambique Democracy Movement, or MDM, is expected to have a strong showing, according to analysts. Led by Daviz Simango, mayor of Mozambique’s second largest city Beira, the party’s policies focus on the youth in a country where the average age is 17, according to the Open Society Initiative for Southern Africa. Simango and his wife, Clara, voted at a public primary school in Beira this morning.

Ebola: Texas college rejects African applicants

avarro College, a community college in The Great State of Texas, sent rejection letters to multiple applicants from African countries because “Navarro College is not accepting international students from countries with confirmed Ebola cases.” One such rejection letter sent to a Nigerian applicant was, of course, immediately posted to Twitter, and now the school has spent the past day backtracking in a comically inept manner. Inside Higher Ed reports that the school added this statement of dubious believability to their website yesterday after they began to be deluged with media calls: Our college values its diverse population of international students. This fall we have almost 100 students from Africa. Unfortunately, some

students received incorrect information regarding their applications to the institution. As part of our new honor’s program, the college restructured the international department to include focused recruitment from certain countries each year. Our focus for 2014-15 is on China and Indonesia. Other countries will be identified and recruitment efforts put in place once we launch our new honors program fall 2015. We apologize for any misinformation that may have been shared with students. As many people have gleefully pointed out, one place with “confirmed Ebola cases” is The Great State of Texas. The only silver lining may be that this encounter with real live ignorant hicks will give international students an accurate picture of what America is really like.

Police remove barricades from a pro-democracy protest site near Hong Kong government offices

Light sentence for Pistorius could spark ‘crisis of trust’

rosecutors fought a rearguard action to ensure Oscar Pistorius is jailed for unlawfully killing his girlfriend, warning yesterday that justice was also on trial in the eyes of the South African public. Amid defence calls for Pistorius to be punished with community service, state prosecutor Gerrie Nel said if the Paralympian star sprinter goes free the court risks ruining the reputation of the country’s legal system. “If the court sentence is too light, and society loses trust in the court, they will take the law into their own hands,” said Nel. “That’s what the court has to guard against.” Nel’s comments came amid a row over courtroom revelations that Pistorius paid “blood money” to the family of his slain girlfriend Reeva Steenkamp. He also hammered defence witness and probation officer Annette Vergeer on her apparent slap-dash report on the state of South Africa’s prisons. Vergeer had warned that the 27-year-old double amputee Paralympian could be gang-raped if sent to jail over his killing of Steenkamp on Valentine’s Day last year. Nel criticised her use of nine-year-old data and being unfamiliar with the correction services act that outlines care for disabled people. “I find that so so irresponsible madam, that you would come to court, venture an opinion on the department of correc-

tional services,” said Nel. Pistorius, who has cried and vomited throughout his trial, stifled yawns as he sat in the dock. The athlete was found guilty last month of unlawfully killing 29-yearold model and law graduate Steenkamp but acquitted of the more serious charge of murder. He shot her four times through a bathroom door at his up market Pretoria home, saying he mistakenly believed she was an intruder. Judge Thokozile Masipa could rule on his punishment as early as Friday, with her options ranging from a fine to 15 years in prison. Claims about Pistorius’s vulnerability and remorse could be central in deciding which way the scales of justice tip. The defence has suggested that Pistorius clean a museum for 16 hours a week as punishment, drawing a furious reaction from the state. Nel has described the idea as “shockingly inappropriate”. Vergeer had warned that a jail term would “break” Pistorius and claimed it was not in the interest of justice. “Without legs he will be vulnerable and a lot more vulnerable than the normal man,” said Vergeer, who was paid for her work for the defence. “I’ve recently done a case for rape within the prison, gang rape. How can we say that he won’t be exposed to that?” she said. There is little doubt the prison system in South Africa

is in a bad state, with violence, overcrowding and criminal behaviour all endemic. But the department of correctional services has said Pistorius could be entitled to separate accommodation “depending on the vulnerability caused by the disability”. Lawyers for Steenkamp’s family expressed shock Wednesday that Pistorius’s defence team revealed details of secret “blood money” payments during a heated courtroom argument. Tuesday, Nel said the athlete had also offered the dead model’s family a one-off payment of nearly $35,000, which had been rejected. Probation officer Vergeer had also referred to monthly payments of $540 Pistorius was making to the Steenkamps as evidence the athlete was remorseful. In a statement on behalf of the slain model’s parents, lawyers said they had “honoured” a request from the athlete not to reveal the payments. “We were therefore quite surprised yesterday when this fact was disclosed in court without any prior warning to us,” the statement said. Steenkamp’s parents have said they will repay the roughly $10,000 received from Pistorius “as soon as arrangements can be made in that regard”. “It was always the intention of the parents that the amounts would be set off against any civil claim that they were going to institute,” the statement said.

NEW TELEGRAPH THURSDAY, OCTOBER 16, 2014

Sports News

International Football Robinho: Neymar is spectacular

Obioma Arinze wins wonder goal season five

Moses returns for Swansea clash

apan 1993 U-17 World Cup-winning coach, Fanny Amun, has blamed corruption and overbearing antics of football agents in recent times for the dwindling fortunes of the Super Eagles. Speaking in an exclusive interview with New Telegraph on Wednesday, the former Secretary General of the Nigeria Football Federation frowned at the invitation of unqualified players to the national team at the expense of excellence. “When you are given a job, it is confidence reposed on you that you can handle the team without any fear or favour, but the opposite is the case now with the Super Eagles,” said Amun. “What we see now is very skilful players being dropped because of money, corruption and Godfatherism.” He added that there must be a benchmark for the invitation of players to the national team stating that the influence of players’ agents

Did you know?

Sport Emmanuel Tobi

Nigeria League

That Segun Odegbami made his international debut for Nigeria exactly 38 years ago, on 16 October 1976, at the age of 24 years and 50 days, in a World Cup qualifier against Sierra Leone in Freetown. He went on to feature 47 times for Nigeria, scoring 22 goals.

Agents’ antics, corruption killing Eagles –Fanny Amun

l ‘National team now a business empire’ who trade players for their selfish gains must be curtailed. “There is nothing wrong being approached by football agents to recommend players but it is absolutely wrong for national team coaches to mortgage their conscience for money. If your mind is corrupt, you will accept their advances and put objectivity aside

for sentiments,” Amun said. The Super Eagles coaching crew led by Stephen Keshi recently invited five new players for the crucial double header against Sudan which sparked outrage among football fans. The first-timers included Raheem Lawal, a former junior international; China-based striker Aar-

on Samuel; Anyora Ugonna, who plays in Norway, Reading of England’s Hope Akpan and Austria-based forward, Sunday Emmanuel. But Amun lamented the lack of integrity in the invitations which he described as the bane of the team. “Even the team’s curator may suggest a player but the coach must not mortgage his conscience for money as is being done by the present Eagles,” con-

tinued Amun. “I coached the Eagles and ended a poor man but I have my integrity intact. Things were not this bad during our days. “We need exceptional players in the team and not mediocre players. A good coach must have a quality bench but what we have now are clubless players and those featuring in obscure leagues being invited to our national team,” he stressed.

Musa double fires Eagles past Sudan Ifeanyi Ibeh and Comfort Chukwu

hmed Musa scored twice as Super Eagles finally got their first win of the 2015 Africa Cup of Nations qualifiers with a 3-1 win against Sudan on Wednesday at the National Stadium, in Abuja. The CSKA Moscow of Russia star, who a day earlier, on Tuesday, clocked 22, opened scoring for the Super Eagles at the start of the second half before sealing victory for the reigning African champions in the 90th minute with his second of the game. Aaron Samuel, making his debut for the Super Eagles, was the scorer

The Sport Team

Adekunle Salami l Deputy Editor, Sports Emmanuel Tobi l Assistant Editor, Sports

Ifeanyi Ibeh l Sports Correspondent

Ajibade Olusesan l Sports Correspondent

of Nigeria’s other goal, scoring on 66 minutes to restore Nigeria’s lead after Salah Al-Jizoli had pulled the Sudanese back on level terms. The encounter saw Super Eagles coach, Stephen Keshi, making a couple of changes to his starting line-up, bringing in Hope Akpan and Raheem Lawal in midfield, as well as Samuel in the attack. And after a goalless first half which saw the Sudanese having the greater share of the handful of goal scoring opportunities, even though the Super Eagles enjoyed more of the possession on a rain-soaked pitch, the game came alive in the second half with the Super Eagles putting their noses in front three minutes after the restart. John Obi Mikel, after receiving a pass from Akpan, who was making his international debut, embarked on a run into the Sudanese area before putting Musa through on goal with the CSKA forward

placing a low shot past Sudanese goalkeeper El Muz Mahgoub for his first goal of the game. Ogenyi Onazi, deployed in an unfamiliar right fullback role, was however having a torrid evening no thanks to Muhannad Tahir, who regularly got the better of the Lazio player. And it was from one of Tahir’s runs that the Sudanese pulled back on level terms on 55 minutes through AlJizoli, who coolly slotted the ball past Vincent Enyeama in the Nigerian goal after latching onto a low cross from the Al-Hilal winger. The Super Eagles then had a number of opportunities to restore their lead but Mahgoub was on hand to pull off a couple of brilliant saves to deny the home side. But the Al-Hilal goalkeeper was culpable for Nigeria’s second goal after fumbling Emmanuel Emenike’s cross onto the path of Samuel, who acrobatically slotted the ball into the net for a goal on his debut.

Musa

SPORT

THURSDAY, OCTOBER 16, 2014 NEW TELEGRAPH

Moses returns for Swansea clash Ajibade Olusesan

uper Eagles winger, Victor Moses, has declared himself available for Stoke City ahead of their match against Swansea on Sunday. Moses has rediscovered his form since moving from Chelsea to Stoke City last summer and has been the focus of Potter attacking style in the Premier League but the winger’s run was halted

after he sustained an injury about two weeks ago in his club’s 3-1 loss to Sunderland. The injury also prevented him from making a return to the national team for the Eagles double header against Sudan in the 2015 Africa Nations Cup qualifiers. There were fears that the former Liverpool loanee could be out of action for a long time but he tweeted on Tuesday that his injury worry was over and that he

was ready to play on Sunday. “Feel good to be back training and now looking forward to the game on Sunday. Thanks for all your support,” he wrote on his twitter handle. With Mame Diouf also working his way back to fitness and Osaze Odemwingie a long-term fixture in the treatment room, coach Mark Hughes will be hoping Moses can defy the odds to return for Sunday’s game at the Moses Britannia Stadium.

Nigeria to debut at Commonwealth Taekwondo Championship

Martins Osaile starts journey home

ate boxing promoter Martins Osaile will on Thursday start his journey home with a christian wake at his residence in Ikorodu, by 4pm. Tomorrow, Friday October 17, his body will be cremated at the Omega Funeral Home, Goodwill Estate, Kings Avenue, Ojodu Abiodun Berger by 10 am. In another development, Chief Jonathan Ogufere, President of the Association of Sports Veterans, Nigeria, has enjoined members

resident of the Senate, David Mark, has commended the Super Falcons for beating Zambia and qualifying for the semi-finals of the on-going CAF Africa Women’s Championship in Namibia. The Super Falcons, the most successful team in AWC history, having won the tournament six times since its inaugural edition in 1998, on Tuesday defeated their Zambian counterparts 6-0 to book their place in the semi-finals with a game in hand. That game will be against hosts Namibia, and the Senate president has urged the Su-

Action from the Nigeria-Zambia match

igeria will make a longawaited debut at the Commonwealth Taekwondo Championships when the sixth edition of the tourney gets underway in November in Edinburgh, Scotland. The championship, whose maiden edition was held in Brisbane, Australia in October 2006, is now in its sixth edition, and president of the Nigeria Taekwondo Federation, Gbenga Ashiru, has confirmed the country’s participation in the championship that will feature taekwondo practitioners from 64 countries.

to turn up in large number in Ikorodu, to accord their departed colleague a final farewell. “ Osaile was a man who fought for the oppressed and spent his life wishing the best for boxing and indeed all sports. “He was vocal to a fault and those of us who knew him well, knew he meant well. Sadly he did not live long enough to reap from his many battles for the wellbeing of Nigeria’s sports” Ogufere said.

AWC: Mark urges ruthless Falcons to maul Namibia Ifeanyi Ibeh

Ifeanyi Ibeh

per Falcons to ensure a total defeat of the southern Africans who need a win on Friday at the Sam Najoma Stadium to have any hope of progressing along with the Nigerians to the tournament’s last four. “The Super Falcons remain the pride of every Nigerian at this time of our national sports history. We must continue to give them their well-deserved national support and ensure they win the tournament,” said Mark. He added: “You (Super Falcons) must not relent in your efforts. Your defeat of the Zambians must serve as an elixir for a total defeat of the Namibians on Friday.”

Ashiru, who is also the Vice President of the Commonwealth Taekwondo Union, expressed optimism over the country’s participation at the two-day championship holding from November 15 to 16, saying that the long years of Nigeria’s absence from the competition may have affected the country’s rating in the Commonwealth. “We want to continue to thank the National Sports Commission because during the Glasgow Commonwealth Games camping, our athletes were also part of the exercise and this alone has confirmed that the commission would continue to support us,” said

Ashiru. “We hope to be in Edinburgh as the athletes are yearning to return to action again as this competition will also help them to garner points,” he added. Over 500 taekwondists from the 64 Commonwealth federations will take part in the three disciplines to be competed for at the tournament. The Commonwealth Taekwondo Championships are held every two years, and is sanctioned by the Commonwealth Taekwondo Union, the Commonwealth Games Federation and the World Taekwondo Federation.

Asaba to host NOC’s AGM, elections T

he Executive Board of the Nigeria Olympic Committee on Wednesday approved Asaba, capital of Delta State as the venue for its Annual General Meeting and elections as well as a Merit Award Night. The election will hold on November 20 . Asaba was overwhelmingly voted for after President Sani Ndanusa announced that the State Governor, Dr Emmanuel Uduaghan, had accepted to host the AGM. In this regard, nomina-

ormer African champions, Enyimba Football Club, will confront former European champions, Barcelona, in the Football Challenge of the Copa Lagos, the organisers of the international beach soccer event has announced. The CEO of Kinetic Sports, Samson Adamu, on Wednesday in Abuja, unveiled Enyimba as one of the four professional clubs that would present their beach soccer teams at the FC Barcelona Challenge and expressed his happiness to have the People’s Elephant feature in the tournament. “We are delighted to have one of the biggest clubs in Africa and a key ambassador help to place beach soc-

tion forms to the executive positions will be available at the Secretariat of the NOC, National Stadium, Surulere, and the NOC’s Liaison office in Abuja, the Federal Capital Territory from October 20. The deadline for the return of nomination forms will be two weeks from October 20. At the AGM meeting in Asaba, the NOC will confer the Best Current Athlete Award to speedster Blessing Okagbare while the Distinguished Athlete Award would go to Table Tennis star Segun Toriola.

Sports-loving Governor of Delta State Dr Emmanuel Uduaghan will be conferred with the Olympic Sport Friendly Personality Award for his outstanding performance in Sports. President of Athletics Federation of Nigeria, Evangelist Solomon Ogba, will be conferred with the Sport Administrator Award. Post humous awards on Promotion of Olympism will go to Late Alhaji Raheem Adejumo, late Chief Abraham Ordia and Alhaji Kab Olowu.

Enyimba set for Copa Lagos cer on the Nigerian Football calendar. Enyimba is a global export and a very special Nigerian club . The idea of Enyimba FC and FC Barcelona, playing on Nigerian soil, fills many of us with great excitement. I personally look forward to the prospect. We are headed for a very exciting 2014 event. The best ever,” Adamu said. The chairman of Enyimba, Felix Anyansi, who was also at the event said: “Having conquered African football, it is another opportunity to break an ground in beach soccer. As an innovation, we are extremely excited about it.” Copa Lagos, Nigeria’s

Udoji

highly entertaining international beach soccer festival will hold this year at the Eko Atlantic City, Victoria Island, Lagos, from 12th to 14th December 12-14.

SPORT | INTERNATIONAL FOOTBALL

NEW TELEGRAPH THURSDAY, OCTOBER 16, 2014

Neymar

Ivanovic stunned as violence mars Serbia, Albania Euro tie

Robinho: Neymar is spectacular

obinho was the inspiration to a young Neymar rising through the ranks at Santos. Robinho was the hottest property at the club since a young Pele first emerged in the 1950’s, and to Neymar he was the next king of the world. Now back in the Brazil squad playing together, Robinho and Neymar are almost inseparable. Robinho returned to Santos for a loan spell in 2010 and took a then 18-yearold Neymar under his wing. And on Tuesday, after Neymar hit four goals in a 4-0 demolition of Japan, the ‘teacher’ could do nothing but gasp at the brilliance of his one-time pupil. “Neymar is just a spectacular player,” Robinho told reporters in Singapore. “I knew he was going to be hungry for goals today. I told him he was going to score three goals, but he scored four!

helsea and Serbia defender Branislav Ivanovic says he is at a loss to explain the brawl which saw his country’s Euro 2016 qualifier against Albania abandoned. With the score locked at 0-0 in Belgrade, the visiting fans, who were banned from attending the game, flew a drone carrying the Greater Albania flag over the stadium. Serbia defender Stefan Mitrovic pulled the flag down, sparking a brawl between the two teams which led to the game being called off. Ivanovic remains confused by the events of Tuesday night and says his side’s opponents were the ones who requested that the match be postponed. “What happened is something we can’t comprehend,” he is quoted as saying by the Daily Mail. “All I can say is that we wanted to carry on. We shielded the Albanian players every step down the tunnel. “The Albanian team said they were unfit mentally to carry on after speaking to the officials.”

Ivanovic

Ronaldo, Messi need each other - Laudrup

France momentum thrills Deschamps

idier Deschamps claims France are on a roll after extending their unbeaten run ormer Real Madrid and to four matches with Barcelona star Michael a comfortable victory Laudrup believes that over Armenia. Lionel Messi and Cristiano The 1998 world chamRonaldo need one another to pions have won three keep improving. out of four friendly The two stars have enjoyed a matches since their fascinating rivalry over the past World Cup exit in Bradecade, winning every Ballon zil, and the head coach d’Or between them since 2008 is happy with their progand regularly surpassing 50 ress. goals apiece in all competitions Ronaldo (left) and Messi With France hosting Euro 2016 the national team will have no competitive matches until the finals, instead playermany coach Joachim to defend. ing friendly fixtures Low felt his team showed “In the second half we during the qualification made it better and created naivety to let the Republic of period. Ireland leave Gelsenkirchen more pressure, but unfortuGoals from Loic Remy, with a 1-1 draw. nately it did not reward us Andre-Pierre Gignac and The world champions suf- with the second goal. Antoine Griezmann sefered a chastening 2-0 loss in “We will win against Gicured a 3-0 win in YerePoland on Saturday but Toni braltar and concentrate all van on Tuesday and, alKroos’ 71st-minute strike forces. Then we are back next though the coach felt his looked to have got their year.” side lacked mobility and Group D Euro 2016 qualifyquality going forward, he ing campaign back on track was pleased with another at the Veltins Arena. victory. But Ireland captain John “We got the result,” he O’Shea - making his 100th said. “But we’re capable international appearance of doing better than we secured a share of the spoils did in the first half, even for the visitors deep into though the eight changes stoppage time. I made had an effect on “We are all disappointed,” our cohesion. Low told reporters. “In the “We’re still on a roll last minute we were too naive and we’re still getting the to have long balls only hyped results, even though it’s forward, we didn’t hold the not necessarily easy to ball and lost the balls. go from playing in front “Overall, it was a difficult of 80,000 people at the game, we had to be patient. In Stade de France against the first half our game was Portugal to a very difmissing width and depth ferent context.” we had it easy for the Irish Low

Low slams naive Germany

each season. Laudrup, who spent five years at Camp Nou before moving to the Santiago Bernabeu in 1994 believes that both will be remembered as some of the finest players ever to play the game when they eventually retire. “I think they need each other,” he told EFE. “If one scores a hat-trick, the other tries to beat that. They are

two of the best, not just of this era - in 30 years we’ll be talking about them and the debate will be whether Messi, Cristiano, Maradona or Pele is the greatest of all time.” When asked which of them he would rather have in his team, the Dane replied: “Both would have to be in it, as they’ve clearly been the best two over the past four or five years.”

Play like Ronaldo,Mourinho tells wasteful Schurrle

Schurrle

ndré Schurrle has revealed that Chelsea boss José Mourinho has told him to play more like Real Madrid goal-machine Cristiano Ronaldo. Of course, almost every player in the world could benefit form being “more like Ronaldo”, who is, after all, perhaps the best player in the world. But Mourinho’s advice for Schurrle, as quot-

ed on Sportwitness, is a bit more specific: “He has helped me… he has explained to me what I must do better. That I have to bring consistency in my game. I need to invade the penalty box much more often. The best example is Cristiano Ronaldo.” Schurrle has frustrated and delighted Chelsea fans in equal measure since his arrival from Leverkusen in the summer of 2013. His pace and fitness are a huge asset to the team, but his decision making often lets him down. His finishing is sometimes clinical and sometimes comical. He lacks the insane efficiency that Ronaldo has: if he could get halfway to it, he would score a lot more goals.

SPORT

THURSDAY, OCTOBER 16, 2014 NEW TELEGRAPH

Nigerian League Rendezvous

with charles Ogundiya

charlesog2001@yahoo.com,

08098042287

Obioma Arinze wins wonder goal season five

l-Kanemi Warriors star Obioma Arinze has emerged winner of the fifth Glo Premier League Wonder Goal award, beating the duo Ubido and Dolphins forward, Emem Eduok, to the honour In the latest poll for the Wonder Goal Award, Arinze got 59.3 percent of the votes from fans who participated in the online voting process. Heartland midfielder Ubido came second with 23.7 percent, while Eduok finished third with 17 percent. Arinze is the fifth player to win the award previously won by Enugu Rangers’ Osaguona Ighodaro and Emeka Eze and Bayelsa United’s Oghogho Oduokpe and Enyimba’s Rasheed Olabiyi. The award is an initiative of the League Management Company aimed at deepening clubs and community engagement and to showcase some of the quality goals scored by players in the Glo Premier League, as well

as the team effort behind those goals. Arinze was nominated for his goal against Lobi Stars in a Match Day six fixture played at the Kano Pillars Stadium on April 13. He had received a pass while backing the Lobi Stars goal before turning and shooting to the far left side of the Lobi Stars’ keeper in his side’s 2-0

win against the Makurdibased side. The player will receive a cash prize of N100, 000 attached to the award and is expected to donate half of it to a charity of his choice in the city where his club is based. The award will be presented to Arinze on Sunday in Kano ahead of his side’s match against Nembe City.

layers of Port Harcourt based Premier League clubs, Dolphins and Sharks, will soon have cause to smile after Rivers State deputy governor, Tele Ikuru, assured them that they would be getting the money owed them by the management of their respective clubs in another two weeks. The players stormed the Rivers State Government House on Tuesday to press home their demands for last season’s sign-on fees, as well as outstanding salaries and match bonuses. A meeting with the deputy governor however changed the heart of the players, who have since resumed training ahead of Thursday’s round of league matches.

Nigeria 3 - 1 Sudan Angola 4 - 0 Lesotho Cameroun 2 - 0 Sierra Leone Togo 1 - 0 Uganda Ghana 3 - 1 Guinea Zambia 3 - 0 Niger Ivory Coast 3 - 4 DR Congo Egypt 2 - 0 Botswana

Ikuru assured the players that he would personally discuss their demands with the state governor, Rotimi Amaechi, as soon as the latter returns from an official assignment outside of the state, so as to give it accelerated hearing. “First and foremost, I am putting my integrity on the line,” said Ikuru. “This is one thing I don’t like to do because if you deceive someone today what about another day, you will not have the guts to look at the person in the face. “So what I can promise you is that as soon as his Excellency returns, I will discuss the matter with him. I want to assure you that within the next two weeks, something will be done,” added Ikuru.

NTF Kickmaster seminar holds Saturday

he four th in the series of taekwondo inspirational seminars, tagged ‘Training with the Kickmaster’ and organised by the Nigeria Taekwondo Federation will hold on Saturday, October 18 in Lagos. The seminar will be conducted by the President of the NTF, Gbeng a Ashir u, wh o a i m s t o p e r s o n a l ly inspire 10,000 individuals through the ‘Training with the Kickmaster’ series. At the one-day event, the NTF boss, who was a pio-

neer national taekwondo champion, will be sharing training tips and competit i o n s c o r i n g p ro c e d u re s in the hope of inspiring a new g eneration of Olym pics g reats and leaders for taekwondo, as well as other sports. A s h i r u , wh o w a s p ro m o t e d 8 t h d e g re e bl a ck belt in July by the Korean Ta e k wo n d o A s s o c i a t i o n , i s a l s o a n i n t e r n at i o n a l referee and acknowledged inter national authority in taekwondo.

Henri Michel wants to replace Keshi

ormer Cameroun coach, Henri Michel, has indicated his interest to coach the Super Eagles of Nigeria if and when Stephen Keshi leaves the position. There are strong indications that Keshi will be asked to leave his position after a lacklustre performance by his team during the ongoing African Cup of Nations 2015 qualifiers. Henri Michel who managed Cameroon, Morocco, Côte d’Ivoire and Kenya in the past has declared his readiness to be the next Super Eagles

the remaining matches of the on-going Nigerian Professional Football League in order to forestall foul play and to make the championship more competitive and attractive. He said with live transmission, more sponsors will be keen to invest in the league just as the negative impression held by many Nigerians about the championship will become a thing of the past. The former Nigeria U-20 team handler also said live telecast of matches would give match officials more confidence to handle matches without fear of molestation as is the case in some of the world’s more advanced leagues.

live on television but wondered why the club’s away games haven’t received similar attention. “Six of our home matches have been shown live on television this season, the highest in the campaign so far, while we have only had two of our away matches shown live,” said Bosso. “In our first away match that was shown live we defeated Enyimba 1-0 in Aba and over the weekend we picked a draw in Uyo against Akwa United. That means that live telecast of matches will make the league more competitive while more players will be discovered for the national teams,” he said.

Dolphins, Sharks to get money soon

Afcon qualifying results

Bosso calls for live telecast of all games Bosso said his team has echnical Adviser of Abia T Warriors, Ladan Bosso, has never been afraid of having called for the live telecast of all their home matches shown

coach. “I’m ready to be Nigeria National team coach and I truly want to work in Nigeria,” Henri Michel said. The Super Eagles are in a precarious position after gathering four points from available 12 points from four matches played. The team under Keshi lost 3-2 at home to Congo before securing an away draw against South Africa. The team however lost 1-0 to Sudan before a face saving 3-1 win in Abuja against Sudan on Wednesday.

Michel

Dolphins and Rangers in action

Ikon tips Eagles, lauds Akpabio on stadium

he Speaker of the Akwa Ibom State House of Assembly, Sam Ikon, is optimistic of the chances of the Super Eagles to qualify for Maroc 2015 Nations Cup. He also showered praises on Governor Godswill Akpabio for the new stadium in the state. Speaking at Uyo on Sunday as Guest of Honour for the Akwa United –Abia Warriors League match, Ikon said all hopes were not lost yet for the Eagles. He however believes that qualification has become very difficult because of the poor start of the team under coach Stephen Keshi. “The aura and psyche around the team carry a lot of negative vibes and until the technical crew is changed we may not go far,” he said. Ikom also had a lot of positivesthing to say about the league, claiming that the standard of the match between Akwa United and Abia Warriors was unbelievably high. “I cannot wait to see Akwa United play on the turf of our brand new stadium.” He was all praise for Governor Akpabio for the legacy of a world-class stadium which he will bequeath to the youths of Akwa Ibom and Nigeria. “We see things like this when we go out. Now, it is in our backyard, our domain and we are very pleased with our Governor for this,” Ikon stressed.

NEW TELEGRAPH THURSDAY, OCTOBER 16, 2014

Sanctity of Truth

On Marble

It is not the number of prayers that will give you happiness, but the number you answer for another person. – Shannon L. Alder

World Record

Ayman Mansour (Egyptian) scored the fastest goal in the African Cup of nations history vs. Gabon, 1994, after 23 seconds of play.

NIGERIA’S MOST AUTHORITATIVE NEWSPAPER IN POLITICS AND BUSINESS

THURSDAY, OCTOBER 16, 2014

N150

AMCON, Bi-Courtney and Nigerians’ endless nightmare

ast Sunday, I could not help but sympathise with a senior colleague, Tunji Adegboyega, after reading his column in The Nation where he relived his harrowing experience on the Lagos-Ibadan Expressway. A trip – Lagos to Oyo – that should have lasted not more than eight hours, took Adegboyega and his wife 21 hours, according to him, “no thanks to the ubiquitous but invisible Nigerian factor”. When I finished reading the column, my mind went to Lord Frederick John Dealtry Lugard, who was born on January 22, 1858 and died on April 11, 1945. In 1926, he wrote a book ‘The Dual Mandate’ where he typified his knowledge of the average African. Although Nigeria got its independence 34 years later, Lugard must have had the average Nigerian in mind when he described the character and temperament of an average African, on page 70: “His thoughts are concentrated on the events and feelings of the moment, and he suffers little from the apprehension for the future, or grief for the past. He lacks the power of organisation, and is conspicuously deficient in the management and control alike of men or business. He loves the display of power, but fails to realise its responsibility. Perhaps the two traits, which have impressed me as those most characteristic of the African native, are his lack of apprehension and his lack of ability to visualize the future.” Honestly, the nightmare Nigerians go through everyday in this land has defied logic. From the rulers to the ruled, this country seems to be making no progress. I remember writing an article on November 12, 2011 entitled ‘Lagos/Ibadan Expressway: Let the project start now’, detailing the foot dragging on the part of the Federal Government on the concessioning of the road to Bi-Courtney Highway Services Limited (BCHSL) owned by Dr. Bolanle Olawale Babalakin (SAN) by the Umaru Musa Yar’Adua administration on April 15, 2009. The announcement was made by the then Information Minister, Prof. Dora Akunyili. Due to politics, selfish interests and bureaucracy, progress on the project was slowed down and the design approval was obtained on May 10, 2011, more than two years after the concessioning. For two years, nothing was done. The president had even died, with Dr. Goodluck Jonathan succeeding him. Even after importing a $6.5 million asphalt plant and signing an agreement to handle the N89.53 billion project with two South African giants, Rand Bank and Group Five, BCHSL was not allowed to start the project. Eventually, it was cancelled. Who are the eventual losers? Nigerians, not Babalakin. Pitiably, Adegboyega had a taste of the nightmarish experience Nigerians go through daily on this road. The Business Development Manager of New Telegraph, Taiwo Ahmed, also told me he once spent 12 hours on this same road. Globally, Public Private Partnership (PPP) is the way to go in modern proj-

Talking Tough GABRIEL AKINADEWO gabyfola@hotmail.com

08023010222 (sms only)

ects but this is being observed in the breach in Nigeria. The hand over of any project to a private firm will officially be handled with so much funfare but after some months, government officials will start singing songs of retardation. Our governments – federal, state and councils – are not proactive at all in policies and actions. Only God knows how many Nigerians have died due to frequent official policy somersaults. It is on the same sad note that I look at the current imbroglio between BiCourtney and the Asset Management Corporation of Nigeria (AMCON). Although some undercurrents may have been playing out for weeks or months, the legal crisis suddenly hit Nigerians out of the blues last month. Advertisements from AMCON and Bi-Courtney started flying in all major newspapers and the court hearing became front page news. Some newspapers also reported the altercation between Babalakin and AMCON lawyer, a respected Senior Advocate and former President of the Nigeria Bar Association (NBA), Olisa Agbakoba. From various legal perspectives, it is obvious that Bi-Courtney has so far succeeded in wriggling out of a quagmire over the purported N50 billion owed AMCON when, in actual fact, there is a subsisting judgement affirming that the Federal Government owes Bi-Courtney

Given the rate government awards and cancels contracts, especially PPP, will this encourage foreign investors’ confidence to risk their funds in uplifting our economy? It is Bi-Courtney today. Whose turn tomorrow? When are we going to remove the Nigerian factor from our psyche?

N132 billion from which AMCON is supposed to net off whatever is owed by it. Even on the N50 billion debt, BiCourtney has defended its integrity, insisting that the debt was caused by the government due to a breach of contract which violated the exclusivity concession agreement on MMA2 in Ikeja, Lagos, thereby causing massive losses to it. It argued that it borrowed money from a consortium of banks for an airport terminal that neither the government nor the original winner of the bid could execute but the government reneged on the contractual agreement, first by allowing some airlines to land at the International Airport and later by competing against its own concessionaire, running the General Aviation Terminal (GAT), thereby denying MMA2 the expected revenue projections upon which the banks based their forecast to partner with Bi-Courtney on the project. The contract stipulates that Bi-Courtney will have an exclusive control of domestic airport operations for a given period to recoup its investment on the Build, Operate, Transfer (BOT) arrangement. I remember that this issue was also a recurring decimal between Bi-Courtney and the immediate past Aviation Minister, Stella Oduah. It was reported that the president had to call Oduah and Babalakin to resolve the crisis. With the latest development, and even with Oduah’s exit, it is back to square one. From the documents tendered in court, there is a subsisting judgement from Justice G.K. Olotu of the Federal High Court, Abuja since April 5, 2012 which affirmed that the government owes Bi-Courtney N132 billion from which AMCON, which has taken over the debts, was directed by the court to net off what it is being owed. The judge also ordered the AttorneyGeneral of the Federation and Justice Minister to mandatorily compel government institutions and bodies to “im-

mediately comply with the judgement delivered on March 3, 2009 by making, without any further delay, the payment of N132,540,580,304.00, to the Plaintiff/ Applicant (Bi-Courtney) in fulfilment of the aforesaid order of this Honourable Court”. The judge directed the Justice Minister “being the Chief Law Officer and legal representative of the Federal Government of Nigeria to set off from above mentioned sum of N132,540,580,304.00 any claims agreed with the Plaintiff/ Applicant (Bi-Courtney) to be due from the Plaintiff/Applicant to any agency of the Federal Government of Nigeria, including, but not limited to, the Asset Management Corporation of Nigeria (AMCON)” This judgement is yet to be appealed or set aside and Bi-Courtney has not been paid. Although an out-of-court settlement was entered into by the two parties at the beginning of last year, both parties later averred that the settlement negotiations broke down by July 2014, and, as such, nothing binding could come out of it since the ‘conditions precedent’ were not respected. I read in an advertisement that BiCourtney signed an Offer Letter with AMCON, which constitutes an admission of liability to AMCON in the sum of N50 billion. But it is a universal principle that when an agreement is made contingent on the occurrence of certain events or conditions precedent, that agreement does not become enforceable until the occurrence of those events. The question to ask is: Have the conditions, precedent all of which must be met before the agreement comes alive, been fulfilled? Furthermore, the judgement directed the government to deduct and remit to AMCON from the N132 billion, any claims due to AMCON from Bi-Courtney and to pay the balance to Bi-Courtney and AMCON is fully aware of this judgement. So, what exactly is going on? Is there a hand of the Federal Government in all these? If not, what is the rush in trying to take over projects still being financed and run by Bi-Courtney? Does it not amount to victimisation to attempt to arm-twist an investor to service a debt that is far less than what it is being owed? The same vigour with which AMCON is trying to force BiCourtney to pay the N50 billion debt, why is the Attorney-General not using same to force the Federal Government to pay the N132 billion ordered by the Federal High Court to Bi-Courtney? Is this a case of double standard, abandoning one order and enforcing another? Why the sudden rush to enforce a judgement? Is there a political undertone? Given the rate government awards and cancels contracts, especially PPP, will this encourage foreign investors’ confidence to risk their funds in uplifting our economy? It is Bi-Courtney today. Whose turn tomorrow? When are we going to remove the Nigerian factor from our psyche?

Printed and Published by Daily Telegraph Publishing Company Ltd: Head Office: No. 1A, Ajumobi Street, Off ACME Road, Agidingbi, Ikeja-Lagos. Tel: +234 1-2219496, 2219498. Abuja Office: Orji Kalu House, Plot 322, by Banex Junction, Mabushi, Federal Capital Territory, Abuja. Advert Hotline: 01-8541248, Email: info@newtelegraphonline.com Website: www.newtelegraphonline.com ISSN 2354-4317 Editor: YEMI AJAYI.