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Friday, March 14, 2014 Vol. 1 No. 24

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Fulani herdsmen kill 69 in Katsina Philip Nyam Abuja

E

ven as the Federal Government continues to grapple with the Boko Haram insurgency

in the North-East, gunmen identified as Fulani herdsmen again struck in Katsina yesterday slaughtering about 69 persons.

A member of the House of Assembly, Ab-

bas Abdullahi Michika, who confirmed the killings, said the gunmen, who came on motorbikes, attacked the four villages of Mararrabar Maigora, Kura Mota, Unguwar

Rimi and Maigora.

Police Commissioner, Hurdi Mohammed, gave a lower casualty figure of 30, and said the violence was perpetrated by ethnic Fulani herdsmen.

“So far, 69 bodies have been recovered from the attacks carried out by a large group of gunmen riding on motorcycles,” said Michika, adding that

Anti-Gay Law: EU Parliament backs sanctions against Nigeria, Uganda Page } 6

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Drama as gov, deputy hoist APC, PDP flags in Govt House

lDeputy governor controls 19 Assembly members, governor controls five CONFUSION

Nasarawa governor, Al-Makura and deputy, Barau in battle of wits over control of the North-Central state

Cheke Emmanuel and Muhammad Ahmad Lafia

T

here is anxiety in Lafia, the Nasarawa State capital, over the decision of the deputy

governor, Damishi Luka Barau, to hoist the flag of the Peoples Democratic Party (PDP) in the premises of the Governor and Deputy Governor’s Offices.

Barau and his boss, Tanko Al-Makura, were elected in 2011 on the platform of the Congress for Progressive Change (CPC).

Last year, because of

the merger arrangement among the CPC, the Action Congress of Nigeria (ACN), the All Nigeria People’s Party (ANPP) and a faction of the All Progressives Grand

Alliance (APGA), the duo moved to the All Progressives Congress (APC).

Flags of the APC were immediately hoisted in CONTINUED ON PAGE 2

DHQ: Politicians encouraging ‘mutiny’ WARNING

Politicians warned against comments that could incite troops and lead to insurrection

Emmanuel Onani

D

efence Headquarters yesterday observed a deliberate campaign by some politicians to attack the morale of troops engaged in the fight against terrorism in the North-East.

A statement by the Di-

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rector of Defence Information, Major General Chris Olukolade, noted that this group of politicians “makes frivolous and unfounded claims and allegations on welfare of soldiers”.

Olukolade said the allegations are made “under the pretext of being more caring for the welfare and condition of Nigerian soldiers but their intention is to encourage indiscipline and ultimately mutiny.”

While making a renewed case of partner-

Lagos

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L-R: Director, Governor’s Department, Central Bank of Nigeria (CBN), Ahmed Abdullahi; Director, Strategic Management, Edward Adamu and CBN Acting Governor, Sarah Alade, during the Financial Literacy School Outreach Programme to mark the Global Money Week in Abuja…yesterday.

PHOTO: TIMOTHY IKUOMENISAN

AT A GLANCE

NEWS

POLITICS

BUSINESS

LIFE

FG protests assault on Nigerian by South African police Page 3

Smith-Tejuosho: I’m not desperate to be Lagos Deputy Speaker Page 16

PenCom takes legal action against 50 defaulters Page 31

Wuro-Yolde: Adamawa community where education doesn’t count Page 23

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FG makes changes in Confab delegates list CONFERENCE

Dr. Kunle Olajide, Etsu of Bwari, others join list as government withdraws APGA delegates Anule Emmanuel

I

n response to public outcry over nomination of delegates to the

…Drops Afe Babalola National Conference, the Federal Government has effected major changes with replacements and additions.

A statement by the Secretary to the Government of the Federation (SGF), Anyim Pius Anyim, yesterday said Dr. Kunle Olajide from Ekiti

State has been nominated as an elder statesman to replace Chief Afe Babalola (SAN).

The SGF said under the traditional rulers list, His Royal Highness, Alhaji Ibrahim Yaro, the Etsu of Bwari replaces His Royal Highness, Alhaji Ismail Danlami

Mohammed, Sarki of Karshi.

The changes of the traditional rulers are at the request of the National Council of Traditional Rulers of Nigeria.

Under the women groups as requested by the National Council of Women Societies, Mrs. Millicent Okoronkwo replaces Mrs. Love Ezema

Kogi State Governor, Captain Idris Wada; GMD/CEO, UBA Plc, Mr. Phillips Oduoza; and MD, UBA Foundation, Ms Ijeoma Aso, during financial literacy training programme for students, an initiative of the Central Bank of Nigeria (CBN), held in Lokoja... yesterday

1.71m

55%

4.53bn

The number of mental health workers shortage estimated in 144 low-and middle-income countries in 2015 Source:Who.int

The percentage of 57 countries facing health workforce crisis report implementation of the national plan Source: Who.int

The total population of South-Central Asia Source: Blatantworld.com

while the nomination of Chief Chris Ejike Uche and Dr. Sagir Auwal Maidoya to represent the All Progressives Grand Alliance (APGA) has been withdrawn to allow the party resolve the issue of its nominees.

Anyim also explained that for Socio-Political/ Cultural and Ethnic Nationality Groups from the South West, Prince Rabiu Oluwa replaces Supo Sonibare; Oba Kehinde Olugbenle replaces Chief Niyi Akintola (SAN) whose name is retained in the Oyo State delegates list.

The changes also show that under the National Academies, Prof.

Layi Erinosho has been nominated by the Academy of Social Sciences to fill the slot allocated to the Academy.

The Former Governors Forum has nominated Alhaji Mohammed Goni from Borno State to fill the slot for the North-East of former governors.

The Federal Government, on its part, submitted a nominee each to fill the vacant slots in state list and the Federal Capital Territory. From Delta State, Chief Isaac O. Jemide was nomi-

Drama as gov, deputy hoist APC, PDP flags in Govt House CONTINUED FROM PAGE 1

front of the offices of the governor and his deputy but on Monday, Barau lowered the APC flag in his office and hoisted the PDP flag. He had earlier declared his intention to defect to the PDP. Both offices are located in the same premises along Shendam Road, Lafia.

It is believed that the Federal Government is backing Barau because some policemen are stationed in the office with the sole aim of preventing anybody from lowering the PDP flag.

During the presentation of APC Road Map in Abuja last week, Al-Makura had said: “I am the only governor without a deputy. They are already using my dep-

uty to try and impeach me.

They will fail.”

Since he hoisted the flag on Monday, Barau has refused to go to Al-Makura’s office or attend any meeting.

Barau uses a separate gate to get to his office.

One of the officials in the office said: “If he doesn’t want to see the governor for one year, it is possible. Although the offices are in the same area, they have separate gates.

It is only the major road that links them. They can only meet on the road and, of course, they won’t even stop to greet each other. It is that bad.”

Some state officials are already in a dilemma because of the crisis.

For instance, the Secretary to the State Government (SSG), Hajiya Zainab Abdumumin, is torn between her employer, the governor, and the location of her office.

Her office is beside that of the deputy governor and she is not comfortable that the PDP flag is hoisted there.

Also affected are the offices of the Commissioners for Finance, Works and Transport, Commerce and Women Affairs.

Some principal officers in Barau’s office are Permanent Secretary, Administration and Director of Protocol.

Said a source: “If there is space, they would have moved to the Governor’s

Office. Now, they are in a dilemma. Working in an office with PDP flag and going to see our boss in his office with APC flag. It is funny and serious. To make the matter worse, the PDP flag is hoisted at a very conspicuous place that everybody can see. Do we have two governors now?”

While leaving the APC a forthnight ago, Barau alleged that the culture of political uncertainty, disrespect for the rule of law, hatred, outright lies and politics of exclusion in the APC forced him to defect to the PDP. Al-Makura, on the other hand, accused Barau of conspiracy to oust him and take over power.

The state House of

Assembly consists of 24 members. With Barau’s defection to the PDP, he now controls 19 members of the House who belongs to his new party.

Al-Makura controls only five APC lawmakers.

Since last week, Barau has refused to attend any state function. He is only seen in his office, his residence or the state PDP office in Lafia.

“The governor controls the State Executive Council while the deputy governor controls the House of Assembly. The situation is dicey,” the source said.

Meanwhile, the state PDP Chairman, Chief Yunana Iliya, has said AlMakura risks losing his C O N T I N U E D O N PA G E 4

nated; Edo State has Prof. Eddy Erhagbe; Oyo State, Chief (Mrs.) Onikepo Akande; Rivers State, Chief Sampson Agbaru while Yobe State has Abubakar Buba Galadima.

Other additions to the list are Hon. Wole Oshun, Mr. Ledum Metee, Chief Mike Ozekhome (SAN), Anthony Akika, Alhaji Sule Iyaji and DIG (Amb) Abdulmumuni M. Abubakar (rtd).

The SGF said the total number of delegates to the conference remains 492 while the date of inauguration of the conference remains March 17.

Former Presidents and Heads of State; the leadership of political parties; members of the National Assembly; governors; members of the judiciary; religious leaders and members of the Diplomatic Corps as well as traditional rulers are among dignitaries invited to the inauguration ceremony.

TODAY’S WEATHER FORECAST PORT HARCOURT

34o 23o Isolated Storm

ABUJA

39o 24o Sunny

KANO

38o 17o Sunny

ENUGU

37o 24o Partially Cloudy

IBADAN

34o 24o Partially Cloudy

CALABAR

34o 23o Thunder Storms

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37o 25o Partially Cloudy

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Friday, March 14, 2014

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FG protests assault on Nigerian by South African police BRUTALITY

South African police officers who brutalised a Nigerian, Emekeneh, have been arrested Ummal-fadal Babagirei

T

he Federal Government, yesterday, protested the “merciless beating” of one its nationals by South African police and demanded that the perpetrators be punished.

Amateur video footage of two armed uniformed policemen and private guards punching and kicking a man on a Cape Town street went viral last week.

The alleged victim has been identified as Clement Emekeneh.

“The video of the attack, which has appeared on the social media, is particularly disturbing,” the Ministry of Foreign Affairs said in a statement by its spokesperson, Mr. Ogbole Ode. The statement described the incident as a “merciless beating.”

The Nigerian embassy

in Pretoria has “sent a strongly-worded note to the Department of Foreign Affairs of South Africa protesting the attack and demanding that the perpetrators be brought to justice.”

In the video, a security guard ripps the shirtless man’s trousers off and then a police officer repeatedly punches and kicks the man in the groin.

Another officer holds the victim by the neck.

His underpants come off as the beating continues before he is loaded into a police car.

Two officers, aged 42 and 45 years old, were arrested, charged with assault and granted bail on Monday.

The footage has sparked outrage among many South Africans.

South African police officers are frequently embroiled in allegations of brutality, yet prosecutions rarely occur.

Last year, Mozambican national, Mido Macia, died after being dragged behind a moving police patrol van in a town east of Johannesburg.

ECOWAS Court restrains FG from executing condemned prisoners Lateef Ibrahim Abuja

T

he ECOWAS Court of Justice has granted an injunction restraining the Nigerian Government from carrying out the execution of condemned persons henceforth.

The Court has similarly directed the federal government to continue to abide by its commitment to the Moratorium against the death penalty.

The Attorney-General of the Federation and Minister of Justice, Mr. Mohammed Bello Adoke (SAN) revealed this yesterday in his speech on the occasion of the visit of the United Nations High Commission for Human Rights, Madam Navi Pillay in Abuja yesterday.

The minister, who disclosed that the injunction was given recently, as-

sured that the government shall respect this order by the court, even as it continues with its national dialogue on the abolition or retention of the penalty.

According to Adoke, “By the political structure of the Federal Republic of Nigeria, death penalty is within the jurisdiction of the various state governments. However, Section 33 (1) of the Constitution provides that every person has a right to life, and no one shall be deprived intentionally of his life save in the execution of a sentence of a court in criminal matters.

“Both the Criminal and Penal Codes of the various States provide death sentence for any person who commits murder or culpable homicide and therefore, death penalty is a valid part of Nigerian Law.”

Nine officers are standing trial for his killing.

Xenophobic attacks across South Africa in May 2008 left 62 people dead and caused thou-

sands to flee their homes.

Ode assured, in the statement, that the Nigerian High Commission in Pretoria will continue to monitor the case with

keen interest until justice is achieved “for the victim of this brutality”.

He appealed to Nigerians in the diaspora to be law abiding and be good

ambassadors as he further assures that the Federal Government would not condone maltreatment of Nigerian citizens anywhere.

L-R: Managing Director, Insight Communications, Mr. Jimi Awosika; Chief Operating Officer, Smile Communications Nigeria Limited, Engr. Tom Allen; Chairman, Dr. Ernest Azudialu Obiejesi; and Chief Corporate Services Officer, Ms. Lee-Ann Cassie, at a special press conference to announce the rollout of Smile broadband internet services held at The WheatBaker Hotel,Ikoyi, Lagos... yesterday

N15.5bn

The total export value of cocoa paste not defatted of Nigeria in the second quarter of 2013 Source: National bureau of statistics

N11.88bn

The total import value of Diesel-electric locomotives of Nigeria in the second quarter of 2013 Source: National bureau of statistics

67

The number of Overseas Dependencies in world Source: Blatantworld.com

DHQ: Politicians encouraging ‘mutiny’ CONTINUED FROM PAGE 1

ship between the media and the military, the statement added that “this set of Nigerians has taken up every available media platform to disparage efforts of the leadership of Nigerian Armed Forces in the fight against terror.”

It noted further that “the tendency is propelled by nothing altruistic other than to curry undue political capital out of the unfortunate crisis in the NorthEast.”

The Joint Security Information regretted that the said politicians “have not only accused the military and security authorities of denying the soldiers and other security personnel of their entitlements, they have been spreading the sick rumour that the gallant Nigerian soldiers are grumbling over inadequate resources and

lack of motivation to take on the insurgents.”

The statement expressed satisfaction with the security operatives, who it said, have remained firm in their resolve to contain the raging insurgency.

While also assuring that nagging issues of kidnappings, armed robbery and other security challenges, were being tackled headlong, Olukolade stressed: “It is encouraging, however, that in spite of the false claims which are intended not only to ridicule the efforts and integrity of the security forces but to weaken their morale and destroy their cohesiveness, our gallant personnel are determined more than ever before to bring terrorism to an end in our country.”

Part of the statement reads: “This forum wishes to reassure the

Nigerian people that the military and security agencies will not be deterred from the commitment to defend and protect our dear country from any form of insecurity or aggression.

The security forces will continue to put in their best and, in no distant future, the dividends of these efforts will be incontrovertible”.

On the latest counterterrorism campaign, the statement assured that “Simultaneous operations are ongoing nation-wide to address every form of insecurity such as insurgency, oil theft, kidnapping, vandalism, communal clashes, cattle rustling, trafficking in arms and persons, etc. Let us discuss in more details some of these efforts.

“The onslaught on terror is ongoing in Borno, Yobe and Adamawa states. In the wake of re-

lentless bombardments of their bases by security forces, fleeing terrorists resorted to attacking soft targets, including Federal Government College, Buni Yadi and other areas with a view to maintaining a false sense of invincibility.

“There is no respite yet for the terrorists as the security forces have continued to launch air raids on their suspected bases while mop up operation by the ground forces are being intensified. Consequently, scores of the terrorists have either being killed or apprehended and assorted weapons including machine guns and improvised explosive devices have been recovered.

“Useful information are also extracted from the confessions of those in the custody of the security forces while patrols are sustained.”

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NEWS

INTRIGUES Members of Kwara Peoples Democratic Party fight over ministerial slot Biodun Oyeleye Ilorin

W

ho will President Goodluck Jonathan select to replace Mallam Bolaji Abdullahi in the cabinet?

Although the Peoples Democratic Party (PDP) in Kwara State tried yesterday to douse growing speculations that the possible choice is already tearing the party apart, investigations indicated that a bitter row is afoot on the matter among party leaders.

The crisis of confidence is linked to unofficial confirmation that the President might have settled for Senator Gbemisola Saraki who is said to enjoy the confidence of the PDP National Chairman, Alhaji Adamu Mua’zu.

The crisis is erupting based on the tradition of the party that in a state where it has not produced a governor, a serving minister will be the party leader.

Although the choice might be to spite Gbemisola’s brother, Senator Bukola, insinuations in the state capital are that it has

Sanctity of Truth

Friday, March 14, 2014

Ministerial slot tears Kwara PDP not gone down well with a popular businesswoman who is reported to be very close to the Presidency and has been the arrowhead of the coalition of pro-PDP stakeholders in the state since the defection of Bukola.

But Chairman of the party’s Caretaker Committee in the state, Mr. Solomon Edoga, insisted last night there was nothing like a rift within the party over the matter.

He said nobody has been chosen for the post as President Goodluck Jonathan is currently consulting with elders over the matter.

His words: “ President Jonathan is consulting widely and whoever is nominated will be accepted by all. What we are doing is to consolidate on the success we have recorded in Kwara. The rumour is the figment of people’s imagination to cause confusion. It is speculative.”

If Gbemisola becomes the party leader, it would then mean that the structures of both the PDP and APC will effectively be under the Sarakis.

Some angry PDP members are threatening to cast their votes for the All Progressives Congress (APC) in the coming polls if that should be the situation.

PDP to Al-Makura: Rig LG polls, lose your seat CONTINUED FROM PAGE 2

seat if he rigs the forthcoming local government elections scheduled for March 22.

Addressing decampees in Keffi Local Government yesterday, Iliya said that the party will do all it can within the armbit of the law “even it means that AlMakura will lose his seat as the governor.”

Iliya, who was represented by the Financial Secretary, Alhaji Ibrahim Audu, said the party has all it takes to bring the governor on his knees, which he said will be done with the consent of the electorate.

“He should be ready to lose his seat if he rigs the elections because we will not compromise standard.

“We will guard our votes religiously and any attempt to subvert justice will be resisted vehemently,” he said.

Speaking on behalf of the defectors, Alhaji Idris Suleiman Dansauka said that their decision to join the PDP was informed by the leadership style of those elected on the party’s platform in the state.

“APC has proven to us that it cannot manage its house. Just local government elections, it took the party several weeks to announce. I think only stubborn diseases get to weeks before the doctor can discover. We have left the party to save our people from contacting the APC virus,” Dansauka said.

Other PDP politicians eyeing the slot include Chairman of the Federal Character Commission (FCC), Prof Shuaib Abdulraheem, Kunle Sulyman, Deacon John Dara, Bio Ibrahim, Yekini Alabi, Salman M. Ajadi, Lola Ashiru, Muinat Shagaya, Bode Ojomu and Yinka Aluko.

A source said: “We have told the president and the leadership of the

95.5

PDP to forget Kwara votes if Gbemisola is made the minister.

“If Gbemi emerges as a minister, she will automatically assume the leadership position of PDP against the interest of the billionaire businesswoman.

“Gbemi’s appointment as minister would amount to a perpetuation of Saraki’s dynasty which the PDP members are believed to be

The percentage of women internet users in Iceland between 2010 and 2012 Source: Itu.int

waging war against.”

“We believe that a minister is the automatic leader of the party in the state in the absence of a sitting governor who is regarded as the leader of the party.”

The APC, however, is excited over the crisis with Alhaji Ishola Balogun-Fulani saying that many of the PDP members would soon join the APC because “they are only on sabbatical leave at present.

3,353

The total number of reported deaths due to malaria in Nigeria in 2011 Source:Who.int

“The PDP crisis, to me, is their own cup of tea. I want to say it shows that the PDP has no leader.

Right now, there are about eight factions in the party and so, if they decide to give Gbemi a ministerial slot and the crisis erupts, that is their own problem.

We have told most of them that remained in the PDP that they are on sabbatical leave, they will soon return to APC.”

9

The total number of HRH crisis countries with monitoring and evaluation system and strategy Source:Who.int

L-R: Group President, Procter and Gamble (P&G), Mr. Laurent Philippe; Ogun State Governor, Senator Ibikunle Amosun; Vice President Namadi Sambo and Minister of State for Investment, Dr. Samuel Ortum during the commissioning of P&G Manufacturing Plant in Agbara, Ogun State… yesterday

Fulani herdsmen kill 69 in Katsina CONTINUED FROM PAGE 1

the victims included men, women and children.

Rescue teams are still searching nearby bushes for more bodies.

Michika said that 47 people were killed in Mararrabar Maigora, seven in both Kura Mota and Unguwar Rimi while another eight were killed in Maigora.

The police commissional insisted the attacks were not linked to Boko Haram, whose insurgency has killed over 500 people in the North-East this year.

Meanwhile, Speaker of the House of Representatives, Aminu Waziri Tambuwal, has said that to motivate troops fighting insurgency in the North-East, the Federal Government would need

to improve the welfare of security personnel.

Tambuwal, who made the call yesterday while addressing All Unity Schools Old Students’ Association of Nigeria who paid him a courtesy call, also disclosed that the House would investigate donor funds appropriated for security by the National Assembly.

He said there were allegations of the troops in Adamawa, Borno and Yobe states being maltreated and short-changed of their welfare packages, promising that the House would beam its searchlight on the matter.

“The welfare of soldiers in those areas should be improved. We appropriate money for our troops to be well taken care of, and

somebody somewhere is sitting down and playing politics with insecurity in the areas affected. Soldiers are complaining that they are not well taken care of.

So, people who are responsible for this should be responsible enough to cater for the troops.

“We on our part, we would look into these issues and find out why this is happening,” he said.

The Speaker, who assured the group that the House would put in efforts to crush the pogrom in the area, however, added that there is a limit to what the National Assembly could do, besides approving adequate funding for the fight against insecurity in the country.

“We must bring an end to the wanton destruction

of lives and property. We (lawmakers) are ready to do everything humanly possible to bring this to an end. But there is a limit to what we can do, because we don’t commandeer troops.

“We can only appropriate funds and follow the money, but we even have limitations in following the money,” he said.

Earlier, President of the All Unity Schools Old Students’ Association of Nigeria, Mr. Kabiru Nuhu, commended the House for its efforts in battling insecurity in the country, but asked them to do more in appropriations to unity schools in the country.

He also sought more security for students in unity schools in the northern part of the country.

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Friday, March 14, 2014

ENDORSEMENT They praise Jonathan over transformation agenda, improved economy, enhanced security of life and property Joe Ezuma

Port Harcourt

T

he uncertainty over President Goodluck Jonathan’s second term ambition lessened somewhat yesterday in Port Harcourt as the South-South Peoples Democratic Party(P D P) Zonal Working Committee

South-South PDP endorses Jonathan unanimously adopted him as its sole candidate.

The Development , New Telegraph gathered, reinforced rumours that the President will soon declare his intention to vie for a second term. The South South Zone, from where the president comes f is, so far, the first geo-political zone to endorse Jonathan’s widely assumed second term ambition.

The committee in a communiqué signed by the National Vice Chairman, South South Zone of the PDP, Dr. Steve Oru and

the Publicity Secretary, Imo-Owo Okpokpo, at the end of their deliberation in Port Harcourt, yesterday, endorsed the second term ambition of Jonathan for the 2015 presidential election.

“The South South Zonal Working Committee ( ZWC), urges President Jonathan, based on his excellent performance, to contest the 2015 Presidential Election,” Oru said, adding that the PDP in the zone is in full support of his aspiration.

The ZWC which urged

all members of the party in the zone to remain loyal, disciplined and supportive of the party, “commended the leadership of the PDP in Rivers State and its loyal party members for sustaining the tempo of party activities in the state and urged them to continue with the good works.”

The ZWC also passed a vote of confidence on President Jonathan over what it called the success of his transformation agenda, stabilization of the national economy, enhanced security of lives

and property, in addition to fighting terrorism and allied crimes in the country.

While expressing his satisfaction with President Jonathan for the recent ground-breaking ceremony of the 2nd Niger Bridge,the ZWC also commended the new national chairman of the PDP, Alhaji Adamu Mua’Zu and chairman of its board of trustees, Chief Tony An-

T

President Goodluck Jonathan (right) receiving a horse from the Emir of Katsina, Dr. Abdulmumini Usman (left) and Governor Ibrahim Shema of Katsina State (middle) at the Emir’s Palace during a two-day working visit to the state… yesterday.

Senate panel begins review of NNPC documents, others

T

he Senate yesterday disclosed that it had begun the review of documents presented by the Nigerian National Petroleum Corporation (NNPC) and other parties on the missing $20 oil revenue. This is despite the insistence of the corporation that no funds are missing.

Chairman, Senate Committee on Finance, Senator Ahmed Makarfi who said this acknowledged that his committee now had many revelations on the funds.

The Committee, Makarfi said, would go “into technical session to review all the presentations and

come up with their conclusions.”

However, the Group Managing Director, GMD of the Nigerian National Petroleum Corporation, NNPC, Andrew Yakubu, yesterday maintained that no money was missing from the oil revenue generated by the corporation in its transactions between January 2012 and July 2913.

This was as the AuditorGeneral of the Federation, Mr. Samuel Ukura, has gone into forensic checks of the corporation’s account, with a view to ascertaining the true position of the income and expenditure of the establishment vis-a-vis the alleged miss-

ing fund.

The suspended Governor of the Central Bank of Nigeria, Mallam Sanusi Lamido Sanusi, had, before his suspension, alleged that the NNPC failed to remit to the Federation Account the sum of $49.8 billion which accrued from crude oil sales within the period under review.

Consequently, the Senate Committee on Finance, under the chairmanship of Senator Ahmed Makarafi, commenced investigation into the allegation in December 2013.

The NNPC had, from the inception of the public hearing, insisted that there was no missing fund as alleged.

enih, for repositioning the party.

Addressing the members of the ZWC at the Rivers State Secretariat of the PDP, the state chairman, Felix Obuah, assured them that as far as Rivers State was concerned, the PDP will win the forthcoming gubernatorial election as well as deliver over 90 per cent of the votes to President Jonathan in 2015.

FG, Lagos on collision course over demolition of N2bn properties Dayo Ayeyemi

Chukwu David and Adeola Yusuf

5

he Federal Government and the Lagos State Government may be on a collision course again following the alleged encroachment and demolition of properties worth over N2 billion by the latter in Osborne Phase 2 , Ikoyi.

Some of the properties, according to a source, were under construction, when the taskforce from the Lagos Ministry of Physical Planning and Urban Development moved in to demolish them.

A plot of land cost more than N100 million in Osborne Phase 11, Ikoyi

Irked by this development, some officials of the Federal Ministry of Land, Housing and Urban Development from Abuja visited the scene of the demolition, yesterday to assess the claims of the Lagos State Government and find a way out.

The officials frowned at action of the Lagos State Government, saying it failed to follow due process before carrying out the demolition.

Besides, the source said the land in question fell under Federal Government’ acquisition, wondering how the state government could take laws into its hands by invading the estate.

States push for removal of oil subsidy, as FG, states, councils share N641.299bn Abdulwahab Isa Abuja

P

ush for total deregulation of the downstream oil sector and removal of oil subsidy got a tacit support of state governments yesterday.

To carry out the assignment, a 12-member committee comprising representatives of the federal government and states was set up with the mandate to review the subsidy with a view to completely removing it.

The Accountant General of the Federation (AGF), Mr Jonah Otunla, confirmed the development yesterday in Abuja, after the meeting of the Federation Accounts Allo-

cation Committee (FAAC) in Abuja.

Otunla said the push for complete withdrawal of subsidy was initiated by states represented by their various commissioner s of finance .

He said the 12-member committee comprises, six members from the Commissioners Forum and six members from the Accountants General Forum.

The committee’s report is expected to be ready before its next meeting next month.

“The committee members expressed their opinion on subsidy and we have set up a 12-man committee comprising six members from the Commissioners Forum

and six members from the Accountants General Forum to help us review the impact of subsidy in the federation account.

We will make our opinon known in the nearest future” he said.

Corroborating the AGF’s assertion, the chairman of the Commissioners’ Forum, Mr Timothy Odaah, said retention of subsidy will continue to pauperise the larger populace at the behest of poor masses.

“We looked at the subsidy on oil as more or less a solution worse than it intends to solve. You remember that during the NACOFED meeting in Niger State, it was one of the issues we presented.”

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photo news

EU parliament backs sanctions on Uganda, Nigeria over gay rights

T Former Managing Director, Federal Airport Authority of Nigeria (FAAN), Mr. George Uriesi (right) and the New Managing Director, Federal Airport Authority of Nigeria (FAAN), Saleh Dunoma , during the handing over ceremony held at FAAN Headquarters, Murtala Mohammed Airport Ikeja, Lagos…yesterday

he European Parliament backed sanctions on Uganda and Nigeria yesterday in protest against their recent passing of anti-gay laws.

Members of European Parliament (MEPs) approved a non-binding resolution by a large majority which said that the two countries violated the Cotonou accord on human rights, democratic principles and the rule of law.

The European Commission, the EU's executive arm, should launch an "urgent political dia-

logue ... no later than at the EU-Africa Summit" which takes place early next month.

There should be targeted sanctions, such as travel and visa bans, against "the key individuals responsible for drafting and adopting" the laws, the resolution said.

Additionally, there should be a review of the EU's "development aid strategy with Uganda and Nigeria, with a view to redirecting aid to civil society and other organisations rather than suspending it", a parliamen-

tary statement said.

EU Budget Commissioner Janusz Lewandowski, representing the Commission, told MEPs Brussels already "had very frank discussions with the two countries", with more talks planned.

"The outcome of these contacts will be very important in determining how our relations with Nigeria and Uganda develop under the Cotonou accord," Lewandowski said.

MEPs charged that the laws passed in the two countries amounted to a "grave menace" to human rights.

FG pays N41bn fuel subsidy to 27 marketers Abdulwahab Isa Abuja

F L-R: Senior Technical Assistant to the Managing Director, Keystone Bank, Temitayo Olutoye; School Improvement Officer, SUBEB, Lagos State, Abosede Olusola Ogunkoya; Head Teacher, Dodan Barracks Primary School, Dike Caroline; Executive director, Corporate, Investment Banking & International Banking, Keystone bank, Shehu Karanga Muhammad, and Head, Brand Management, Keystone Bank, Omobolanle Osotule, during the bank's global money week, financial literacy day in Lagos...yesterday

L-R: Group Managing Director, Dangote Cement Plc, Devakumar Edwin; Chief Executive Officer, Daljeet Ghai, and Group Executive Director, Knut Ulvmoen, at a press conference to announce the introduction of 52.5N grade of cement into the Nigerian market by the company in Lagos

Group Managing Director, Union Bank of Nigeria, Mr. Emeka Emuwa (middle) with pupils of St. Marys Convent Private School, Lagos Island during the bank's global money week, financial literacy day in Lagos….yesterday PHOTO:SULEIMAN HUSAINI

ederal Ministry of Finance yesterday said it has paid N41billion as oil subsidy to 27 marketers whose claims had gone through all necessary checks.

Those listed as beneficiaries of the latest payment include: A-Z PETROLEUM PRODUCTS LTD; ACORN PETROLEUM PLC; AITEO ENERGY RESOURCE LTD; ASCON OIL GAS COMPANY LTD; AVIDOR OIL & GAS COMPANY; CONOIL PLC; DEE JONES PETROLEUM & GAS LTD; DOZZY

OIL AND GAS LTD; FOLAWIYO ENERGY LTD; GULF TREASURES LTD; HUDSON PETROLEUM LTD; HYDE ENERGY (NIG) LTD; IBAFON OIL LTD; MASTERS ENERGY OIL & GAS LTD; MATRIX ENERGY LTD; MOBIL OIL NIGERIA PLC; MRS OIL & GAS COMPANY LTD; NEPAL OIL AND GAS SERV. LTD; NIPCO PLC; NORTHWEST PETROLEUM & GAS LTD; OANDO PLC; OBAT OIL & GAS SERVICES LTD; RAINOIL LTD; SHORELINK OIL AND GAS SERVICES LTD; TECHNO OIL LTD; TEMPOGATE OIL & ENERGY COMPANY; TO-

TAL NIGERIA PLC. Subsidy Payment to the 27 oil firms was confirmed in a statement by Media aide to the Coordinating Minister to the Economy, Mr. Paul Nwabiuku.

The current acute shortage of petroleum products supply was attributed partly to delay in paying independent oil marketers that imported petroleum products to the country.

Nigerians have being going through harrowing experience getting fuel at dispensing filling stations across the country , a development that has pushed up the pump price to a higher level.

Ogun, most industrially developed state in Nigeria, says Jonathan

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resident Goodluck Jonathan has described Ogun State as the most industrially developed in the country, attributing the state's new status to the economic plan of Governor Ibikunle Amosun’s administration.

Speaking at the commissioning of the Procter and Gamble multi-million dollar plant in Agbara, Ogun State, Jonathan, who was represented by Vice President Namadi Sambo, further expressed the readiness of the Federal Government to partner with the state government

in its rebuilding mission.

Jonathan affirmed that the Amosun-led administration is creating a conducive environment for business to thrive in the state, saying "I believe Ogun State is the most industrially developed state in this country. We will partner with you. We will work with you based on synergies and policies that allow for business to thrive", he said.

The President revealed that the contract for the construction of a standard guage fast train that will connect Lagos through Ogun State to Ibadan has been awarded, adding that,

"Olorunsogo Power Plant in Ogun has been successfully completed and privatised".

While pointing out that plans for the long awaited Lagos-Sokoto Road had reached an advanced stage, the president emphasised that, its designs are being completed and the work will be executed under a Public Private Partnership arrangement.

"Federal Government is building an additional power transmission system as well asinvestingindevelopmentof gas infrastructure to support theefforts of the state government", he said.

NEWS

Friday, March 14, 2014

RAMPAGE

Robbers defy emergency rule in Yola

Ibrahim Abdul Yola

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ollowing the incessant armed robbery attacks in Yola, and environs, residents said yesterday that the emergency rule imposed has not been functioning effectively as their lives and properties were no longer secured.

The position of the residents came less than 48 hours after the Speaker of Federal House of Rep-

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Yola residents decry rising armed robbery despite emergency rule resentatives, Hon Aminu Waziri Tambuwal decried the lackluster performance of the emergency rule imposed on three North Eastern states, saying that it has woefully failed.

Recently, the spate of armed robbery in Yola and environs had escalated, causing panic among residents of the area. The robbers seemed to be having a field day whenever they struck, usually operating for hours unchal-

The percentage of household internet penetration in Africa Source: Itu.int

lenged.

The latest armed robbery which took place at Anguwar Magaji in the ancient city of Yola, took residents by surprise as the point of the attack was less than 2000 meters from the major military checkpoint in Yola.

A resident of the area, Mallam Mohammed Ahmed said the bandits struck in the area around 3:00am and operated for one and half hours without any help coming from

95.5

The percentage of women internet users in Iceland between 2010 and 2012 Source: Itu.int

the soldiers that were stationed a stone throw away from the area.

Another resident who does not want his name in print said, when the robbers struck, they asked him to open his door or risked being killed as they shot into the air.

"When they came, they banged on my door and asked me to open the door or risk being killed, forcing me to open the door.

They robbed me of my valuable property,"said

41.6

The number of journalists per 100 inhabitants in 2013 Source: Itu.int

the resident.

He said the bandits were not in a hurry to leave as they seemed to have envisaged no challenge as the robbery lasted.

Another victim, said when the robbers struck, they forced the gate of his

house open and fired shots into the air and asked him to open the door to his parlour.

"At the first instance, I was reluctant to open the door but when they threatened to kill me, I have to open and they robbed me of my properties" he said.

Pupils abandon school in Imo over rampant child-snatching tales Steve Uzoechi OWERRI

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ollowing tales of child-snatching and abductions in Imo State, parents have withdrawn their wards from schools, with some primary and nursery schools temporarily closed in some areas.

Barely 48 hours after a foiled child-snatching attempt at a school in Nwangele Council Area, two suspects were yesterday whisked away by security agents from Madonna Nursery and Primary school, Works Layout, Owerri, on the allegation of kidnapping.

The situation is worse in the Orlu area of the state where hoodlums in the ugly racket are said to have become more daring to the point of snatching children from their parents at gunpoint.

Three days ago, the Imo Police Command paraded one Chijioke Odunze, who was arrested in Nwangele Area of Orlu in an attempt to abduct a 20-month old toddler.

Odunze, with the support of his accomplices had scaled a fence into the compound and abducted the child while his mother was cooking. Odunze was pursued by youths of the area and arrested.

Mimiko chides GSM service providers over poor quality services Babatope Okeowo L-R: Group Chairman, ARCO Group, Mr. Joseph Akpieti; General Manager, NAPPIMS, Mr. Luke Anele; Rear Admiral, Samuel Alade; Paul Zuhumben; Director, ARCO Group, Mrs. Julie Okoigun and Group Managing Director, Alfred Okoigun during the commissioning of MV ARCO Fast Crew Boat 4(FCB 4) & MV ARCO Fast Crew Boat 5(FCB 5) by ARCO Marine & Oil Services Limited in Lagos‌yesterday.

PHOTO: GODWIN IREKHE

FG releases N82b intervention fund to tertiary institutions REVAMPING

Government set to revamp ailing educational system

Sola Adeyemo Ibadan

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S part of the Federal Government's effort to reposition academic institutions and revamp them from the deplorable state, the Minister of Education, Chief Nyeson Wike, yesterday disclosed

that a sum of N82b had been released as high impact fund to government tertiary institutions as at 2013.

The minister disclosed this at the Stakeholders' Town Hall meeting on Tertiary Education Trust Fund (TETFund) Interventions in the South West Geo-political zone, held at the Trenchard Hall of the University of Ibadan.

The intervention fund, which according to Wike, "showed the proof that at no time in the history

of Nigeria had a Federal administration invested in education as the government of President Goodluck Ebele Jonathan is doing". He said the government has taken care of 179 institutions including public universities, Polytechnics and Colleges of Education.

Specifically, the Minister said that in the South West, 42 institutions had benefited, among them 20 universities, 12 Polytechnics, and 10 Colleges of Education.

Among them are Uni-

versity of Lagos, Ibadan, Obafemi Awolowo, The Polytechnic, Ibadan, Yaba College of Education, Federal College of Education, Abeokuta, Federal College of Education (Special), Oyo, Federal Polytechnic, Ilaro, and the Adeyemi College of Education, Ondo.

Some other institutions that gave report of the utilization of the TETFund at the meeting were Federal Poly, Ado Ekiti, Federal Poly, Ede, Federal College of Education (Technical), Akoka, University of Agriculture, Abeokuta, Federal University of Technology, Akure, as well as the National Open University (NOUN).

Akure

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overnor Olusegun Mimiko of Ondo State yesterday accused GSM service providers of taking Nigerians for granted by the poor quality of services provided to Nigerians.

Mimiko told the Chairman of National Communication Commission (NCC), Mr Peter Igho who was on courtesy visit to the Governor’s Office in Akure, the state capital that service providers rolled out services they could not cope with.

According to him, the Service providers believe Nigeria is a place you can do anything and get away with it as they see the country as a dumping ground.

In spite of agreements reached and discounts given to MTN, a major provider, Mimiko said, it is only in Nigeria that they give excuses for rolling out poor quality services.

Earlier, Igho had expressed concern over what he described as over-taxation of service providers.

The NCC Chairman who complained of the multiple taxation lamented the rate at which Telecom masts and towers easily become specific targets for multiple taxes and regulations.

According to him, those multiple taxations await the service providers at the various levels of governments, including state and local governments and even some communities.

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NEWS

Friday, March 14, 2014

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President’s uncle, Nitabai regains freedom Police in Bayelsa State on Thursday said they have rescued President Goodluck Jonathan’s uncle, Chief Nengite Nitabai, 70, who was kidnapped on February 23.

State Police Commissioner, Mr. Hilary Okara, confirmed the development in a telephone interview with the News Agency of Nigeria (NAN) in Yenagoa.

He said Nitabai was freed in Odioma community in Brass Local Government area of the state.

Nitabai, a community leader in Otuoke, Ogbia Local Government area, was freed unharmed and had re-united with his family.

“We rescued Nitabai from Odioma coastal settlement and as I speak with you, I am with him in his house in Otuoke”, Okpara said.

lagos ikeja

Ships laden with petrol arrive Lagos ports Two ships laden with petroleum products have berthed at the Lagos Ports, according to the Nigerian Ports Authority’s “Shipping Position” bulletin on Thursday.

It said that the ships were among many ships

laden with petroleum products being expected at the Lagos Ports in the next few days.

The bulletin also said that other ships carrying used vehicles, wheat, sugar, base oil, gypsum, steel products, rice, fertilizer and general cargoes had also arrived at the ports.

Army destroys 98 illegal refineries

Mark leads Nigerian lawmakers to 130th IPU in The 4 Brigade of the Geneva

Nigerian Army in Benin said it has carried out 592 anti-oil bunkering raids and destroyed 98 illegal refineries in the last one month.

The Brigade’s Public Relations Officer, Capt.

Abubakar Abdullahi, made this known at the destruction site of two truckloads of illegally refined petroleum products in Benin on Thursday.

Abdullahi said operations of the brigade covered Edo, Delta and Ondo South Senatorial district.

He said one of the trucks contained 33,000 litres of illegally refined diesel, while the other had 13,000 litres of crude oil.

Abdullahi said the destruction of the vehicles “is one of the several operations of the brigade to stop illicit businesses being perpetrated by saboteurs.”

Senate President, David Mark, will today lead Nigerian lawmakers to participate in the 130th Assembly of the InterParliamentary Union (IPU) conference holding in Geneva, Switzerland.

The week-long global legislative conference commences tomorrow and ends on March 21, 2014.

This year's conference general debate, which will focus on “IPU at 125: Renewing our commitment to peace and democracy in the world,” coincides with the anniversary of the legislative assembly.

Other issues billed for debate include: “Towards a nuclear weapon-free world; the contribution of parliaments and the role of parliaments in protecting the rights of children.”

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North-East youths declare support for Jonathan North-East Progressive Youths for Jonathan (NPYFJ) has expressed their support for President Goodluck Jonathan in his efforts at developing the country.

Zonal Coordinator of the group, Alkali Mohammed, stated this yesterday at the end of their meeting in Bauchi, He said the aim of the meeting was to bring the North-East youths together to educate them on the need to support the president’s 2015 re-election bid.

He urged President Jonathan to come forward and declare his intention to contest the 2015 presidential election in the best interest of the country.

2.070bn The total number of subscriptions worldwide in 2013 Source: Itu.int

2,052.5 The number of journalists per 1m people of Iceland (the world’s highest) in 2005 Source: Blatantworld.com

55%

The percentage of 57 countries facing health workforce crisis report implementation of the national plan Source: Who.int

oyo ibadan

Oyo lawmakers, oil marketers meet on fuel scarcity Enugu State Governor, Sullivan Chime (centre), in a group photograph with the Chairman of the South-East Governors' Forum, Governor Theodore Orji (Abia State); Governor Martin Elechi (Ebonyi State) (left); Deputy Governor of Anambra State, Emeka Sebudu (right) and other South-East delegates to the National Conference, shortly after a meeting at the Government House, Enugu...yesterday

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Nasarawa LG poll: NASIEC promises credible election The Nasarawa State Independent Electoral Commission (NASIEC), has reassured the electorate in the state of its determination to conduct free, fair and credible local government election slated for March 22.

NASIEC Chairman in the state, Dr. Abdullahi Modibbo, gave the assurance on Thursday in

Lafia at a meeting with heads of security agencies in the state.

“The commission is determined to conduct credible local government election that will be emulated by other states in the country.

“Elections in Nigeria had been characterised by all kinds of sentiments thereby leading to the breakdown of law and order,” he said.

JAMB extends sale of Computer Based Test forms The Joint Admissions and Matriculation Board (JAMB) said it has extended the date for the sale of application documents for Computer Based Test (CBT) to Monday, March 31, 2014.

This was disclosed in a release signed yesterday by the Pub-

lic Relations Officer, Fabian Benjamin.

The board said the extension was to enable more candidates desirous of tertiary education, who could not register for the Paper Pencil Test (PPT) mode to be able to do so; adding that the extension was to ensure that every Nigerian is given equal opportunity.

As a way out of the persistent fuel scarcity in the country and Oyo State in particularly, members of the Oyo State House of Assembly on Wednesday held a special dialogue session with stakeholders in the supply and sale of fuel in the state.

The meeting was attended by representatives of the Independent Petroleum Marketers Association of Nigeria (IPMAN), Petrol Tankers Drivers Division (PTD) led by its Chairman, Otunba Salimon Akanni, NNPC Depot Controller and Depot Manager, as well as top security personnel.

Oyo Central constituents empowered with N120m tools The senator representing Oyo Central senatorial district in Oyo State, Senator Ayo Adeseun, on Wednesday empowered hundreds of his supporters with poverty alleviation materials totalling N120 million.

The All Progressive Congress (APC) senator donated the materials at the Durbar Stadium, Oyo East Local Government area in the presence of the Alaafin of Oyo, Oba Lamidi Olayiwola Adeyemi; former governor of the state, Dr. Victor Omololu Olunloyo; Senator Kamoru Adedibu; the Acting APC Chairman in the state, Chief Akin Oke, among others.

Oyo Central senatorial district comprises 11 local governments out of the 33 in the state.

The items distributed include 60 vehicles, 200 motorcycles, 200 dryers, 200 grinding machines, 200 freezers, 200 generators, 200 wheel barrows and shovels, 200 sewing machines and others.

fct Abuja

2014 budget: FERMA wants extra-budgetary funding The Managing Director, Federal Road Maintenance Agency (FERMA), Gabriel Amuchi, has asked the House of Representatives to help in seeking alternative funding for the agency to achieve maximum results.

Amuchi, who made the call yesterday when he appeared before the House Committee on Works to defend the 2014 budget, told the lawmakers that road maintenance agencies all over the world do not rely solely on government for funding.

He pleaded with the lawmakers to help in following up with the implementation of the existing provision on five per cent user charge requesting additional funding through International Vehicle Transit Charge (IVTC).

NEWS

Friday, March 14, 2014

Court adjourns ex-NIMASA DG's trial Joseph Jibueze

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he Federal High Court in Lagos has adjourned the trial of a former Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Raymond Omatseye, till April 22.

The Economic and Financial Crimes Commission (EFCC) re-arraigned Omatseye on an amended 27-count charge bordering on contract scam.

He was charged with alleged illegal transfer of the agency’s fund and contract splitting.

Justice Rita Ofili-Ajumogobia adjourned after a prosecution witness, Aliyu E. Aliyu, told the court that he did not see any file for the award of the contracts.

The witness had earlier claimed that Omatseye inflated a contract for generators from N100 million to N129 million and awarded same to Daniel Nigeria Limited, which was not pre-qualified for the contract.

Under cross-examination by Omotseye's lawyer, Olusina Sofola (SAN), Aliyu, who works at the Bureau of Public Procurement (BPP), said he never had the privilege of perusing the contract files, and so, could not safely conclude that advertisement

by NIMASA were in the file or not.

He told the court that the exhibits shown to him by the prosecutor included PD 16, 17 and 18 series, which showed the supply of Blackberry phones and generators to NIMASA, which he only came in contact with in February, when he was invited to testify.

Aliyu said from the documents he saw, there was nothing to suggest that Omatseye conspired to award the inflated contract to a particular company.

When asked why there were missing pages in the exhibit before the court, the witness said he would not know since he was not the one who prepared nor tendered the documents.

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Ekiti 2014: Bejide, Adeyeye raise alarm over mercenary voters ALARM

Opposition politicians raise the alarm over allegation of importing voters for Ekiti polls Adesina Wahab Ado-Ekiti

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igeria’s former High Commissioner to Canada, Ambassador Dare Bejide, has raised the alarm over those he described as mercenary voters being ‘imported’ from neighbouring states to Ekiti State to register for

the coming governorship election in the state.

Also, a chieftain of the pan-Yoruba group, Afenifere, Prince Adedayo Adeyeye, has also called for vigilance in the manner the continuous voters’ registration exercise by the Independent National Electoral Commission (INEC) is being handled by electoral officers.

The duo, who are governorship aspirants in the Ekiti State chapter of the Peoples Democratic Party (PDP), spoke in Ado-Ekiti yesterday.

Bejide said the manner the registration exercise was going; it would make

nonsense of the muchtouted electoral reforms introduced by INEC. Bejide alleged that some politicians, particularly members of the All Progressives Congress (APC) were ‘importing’ mercenaries from neighbouring states to register to enable them vote for Governor Kayode Fayemi during the June 21 governorship election in the state.

The PDP chieftain said allowing these people to go unchallenged, despite the allegations against them, could spell doom for the forthcoming elections.

Bejide lamented that it would be a great disser-

vice to the people of the state for any politician to ambush the electoral process and use it to his own advantage at the expense of the citizens, saying the security agencies must get to the root of the matter.

Urging INEC not to discountenance the allegation and consider it a mere political gimmick from members of the opposition, the former envoy added that; “INEC must know that it will be held responsible for whatever ill that befalls the conduct of the governorship election. So, it is expedient that INEC takes a decisive action now."

Lagos judiciary to conclude cases within nine months Joseph Jibueze

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agos State Chief Judge, Justice Ayotunde Phillips, on Wednesday said the state high court is determined to resolve all highly contentious commercial cases within nine months.

This, she said, is being done through the Fast Track Court to reduce the time spent on litigation period.

She said a Special Commercial Court would be created under the Fast Track Division, to be located at Tapa, Lagos Island.

It will have a separate registry and is expected to attract more commercial investments to Lagos as investors can be assured of having any dispute resolved quickly.

Justice Phillips spoke in Lagos during a stakeholders’ forum on Fast Track Rules and Proce-

dure.

It was jointly organised by the Lagos State Judiciary, the Justice for All (J4A) initiative of the Department for International Development (DfID) and the Human Development Initiatives (HDI).

Justice Phillips said cases that qualify for fast track are those whose monetary claims are not less than N100 million, those involving a mortgage transaction, charge or other securities.

A case where a claimant is suing for a liquidated monetary claim and is not a Nigerian national or resident in Nigeria and such facts are disclosed in the pleadings also qualifies.

Where a case satisfies the criteria, the Litigation Section will mark it as ‘Qualified for Fast Track’ and direct the applicant to pay appropriate fees.

Speaker House of Representatives, Aminu waziri Tambuwal (middle), being decorated with the membership of the Association of Unity School in Nigeria, by the Chairman, House Committee on Foreign Affairs, Nnnena Ukeje during the courtesy visit to the Speaker's office, Abuja…yesterday. With them is the President of the Association, Alhaji Kabir Koko (left)

TAX

FIRS out with new tax regime for multinational companies

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he Federal Inland Revenue Service (FIRS), on Thursday unveiled a new tax assessment system that would ensure proper taxation of multinational companies and enterprises operating in the country.

Acting Executive Chairman of FIRS, Mr. Kabir Mashi, unveiled the new regime at the second stakeholders' sensitisation programme on “Transfer Pricing (TP) Returns” in Abuja.

FIRS unveils new tax regime for multinational firms Mashi, represented by the Coordinating Director, Field Operation Group, Mr. Ajayi Bamidele, said the regime would help fight tax evasion embedded in ‘underpricing’ of controlled transactions among enterprises.

He said transfer pricing would reduce the risk of double taxation, provide taxable persons with certainty and a level playing field between multinational enterprises and independent enterprises doing business in the country.

The acting chairman also said that the programme was meant to make the various guidelines, forms and documents that would be used to file the TP returns in line with the relevant tax laws.

He said the country adopted the regulations and commenced implementation on transfer pricing to address the problems associated with shifting profit among enterprises.

“The objective is to ensure that taxpayers are taxed on appropriate taxable basis corresponding

to the economic activity deployed by them in Nigeria,” he said.

Mashi also stressed the need for all businesses to play by the rules, adding that the new regime could reposition the country for sustainable economic growth and development.

He solicited the cooperation of all stakeholders for the successful implementation of the TP regime and emphasised voluntary compliance with the provisions of the TP regulations and the extant tax laws.

10 NEWS

Sanctity of Truth

Friday, March 14, 2014

Man 52, arraigned for impersonation Babatope Okeowo Akure

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52-year old man, Chuks Osagbeue, was yesterday, arraigned before an Akure Magistrates' Court for allegedly parading himself as a lawyer.

Called ‘The Law’ by some people, Osagbeue has been carrying himself as lawyer and had allegedly gained access to the library of the Ondo State High Court and had allegedly stolen many records of the court and some law books in the process.

On Wednesday, Osagbeue was brought before the Magistrate Court sitting at Akure by the Nigerian Police for impersonating as a lawyer in other to gain access to the Ondo State High Court of Justice library.

He was accused of stealing 12 copies of different volumes of Nigerian Supreme Court cases

books valued at N400,000, properties of Ondo State High Court of Justice.

According to the charge sheet, the offence is contrary to and punishable under section 390(9) of the criminal code cap 37 vol. 1 Laws of Ondo State, Nigeria 2006.

After the charges were read to him and his plea taken, the Osagbeue pleaded not guilty to all the threecount charge. The Prosecuting Police Officer, assistant Superintendent of Police (ASP) Ogala Samuel, asked the court for adjournment and prayed that the accused be remanded in the prison custody at the Olokuta Minimum Prison to allow the police do a proper investigation to the matter.

But the counsel to the accused, Mr Wale Omotosho, pleaded with the court to grant his client bail, noting that the police should have concluded their investigation before taken his client to court.

Missing Funds: Group lauds Jonathan on NNPC forensic audit Wale Elegbede

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n anti-corruption group, the Coalition Against Corrupt Leaders (CACOL) has hailed President Goodluck Jonathan for the approval of the forensic audit of the Nigerian National Petroleum Corporation (NNPC's) accounts.

Special Adviser to the President on Media and Publicity, Dr. Reuben Abati, had confirmed, Wednesday, that the Presidency has authorised the engagement of reputable international firms to carry out the forensic audit of the accounts of the Corporation.

Speaking on behalf of the Coalition through a press statement, CACOL's Executive Chairman, Mr. Debo Adeniran, described the audit approval as ‘laudable though belated.’

He said, "the FG must be commended for approving the forensic audit of the NNPC books. It is a known

fact that NNPC has been a drain pipe in the coffers of this country. This audit will not only unearth the where about of the missing $20 billion, but it will also make transparent, the accounts of the NNPC and other government agencies. It is a good thing that independent bodies are going to find out what happened to the missing money and even dig into the books of the NNPC and her sister agencies.

He explained that, "Nigerians are, however, skeptical of what will be the fate of the audit report because the account of NNPC had been audited in the past and indicted of inefficiency and monumental corruption.

The KPMG report on NNPC carried out in 2010, the 2012 Nuhu Ribadu Report and the Berne Declaration Report, all indicted the NNPC of massive corruption and sharp practices but nothing has been done to those indicted in the probes," he said.

L-R: Executive Director, Lake Chad Research Institute, Dr. Oluwasina Gbenga Olabanji; Minister of Agriculture and Rural Development, Dr. Akinwumi Adesina; Chairman, House Committee on Agriculture, Mohammed Tahir Monguno and Minister of State for Agriculture, Mrs. Asabe Asmau Ahmed, during their inspection of wheat farm in Kadawa, Kano State…on Tuesday

Fashola urges parents to pay attention to children's sight HEALTH

Children's performance in class is hinged on their ability to see clearly

Muritala Ayinla

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overnor Babatunde Fashola of Lagos State, yesterday, urged parents and guardians in the state to pay special attention to the visual ability of their wards, saying pupils with poor vision were 80 per-

cent deficiency in schools.

Fashola who also unveiled a symbolic vision corridors and boards in the state's public schools, said that pupils' performance was hinged on their ability to see clearly, stating that adequate attention to the children's sight guarantees academic successes in schools.

Speaking shortly before unveiling ‘vision corridor,’ during the launching of the Lagos State Expanded School Eye Health Programme, held at Olusosun Primary School, Oregun,

Ikeja, Fashola tasked the teachers and the pupils to make the best use of the facilities.

He said that the programme, organised by the Ministry of Health in conjunction with Ministry of Education, was part of an effort to highlight some of the notable challenges in public and private schools.

He told the gathering that he discovered his son's visual defect when he paid special attention to him.

According to him, "I was watching a football match with my younger son, an-

dat the beginning he sat very close to me, but as the game progressed, he went and sat right in front of the television, almost two metres to it. When I observed this twice, I called him to come back to his sit and he said: 'Daddy I can't see! So, I can only imagine what could have been going on in class.”

He said that “the child now wears glasses because we took him to an optician.” He said further that many people were living within this very poor visibility experience.

220m

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The total number of fixed (wired)-broadband subscriptions in the world in 2005 Source: Itu.int

The rate of mobile-cellular penetration in developed countries Source: Itu.int

The percentage of the world’s population that use the internet Source: Itu.int

Jonathan assures corps members of safety Yuzarsif Alhassan Bauchi

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resident Good luck Ebele Jonathan, yesterday, assured National Youths Service Corps (NYSC) members deployed to various parts of the country of his administration’s irrevocable commitment towards the protection of their lives and provision of welfare.

The president gave this assurance in his address to the 2014 Batch 'A' corps members deployed to Bau-

chi. Delivering the address, Governor Malam Isa Yuguda who was represented by his deputy, Alhaji Sagir Aminu Saleh, at wailo NYSC Camps in Ganjuwa Local Government Area (LGA) of the state said that their lives and welfare were of paramount importance to the Federal and State governments..

He said that they should rededicate themselves to the service of the nation as enshrine under the regulations of the service establishing it in 1973, which he said was aimed at uniting and preserv-

ing peace among Nigeria and Nigerians at large.

He charged the 2, 000 members to participate actively with the host communities to promote interactions as well as ensure mutual understanding with a view to delivering the dreams and the aspirations of the Nation.

“Your component, conduct, work output and interactions with people of your host communities, must mark you out as patriotic citizens, and you must remember at all

times, that you are carrying the dreams and aspirations of our nation, for a better and greater tomorrow. And as symbol of heritage and hope,” he continued, “you most always radiate the capability and readiness to secure our future and national objectives.”

President Jonathan then challenge them to conduct the orientation course and the subsequent phase of one year programme with all the seriousness they merit among others.

NEWS

Friday, March 14, 2014

Pension scam: Court admits EFCC documents against accused TRIAL

Prosecution moves to nail accused in Police pension fraud

A

n FCT High Court yesterday admitted the EFCC`s analysis of cheques allegedly used by Esai Dangabar, former Director of the Police Pension Board and five others, to commit the N20.8 billion fraud.

Dangabar is standing trial alongside Atiku Kigo, Inuwa Wada, John Yusufu, Mrs. Veronica

Onyegbula and Sani Zira.

In his ruling, Justice Husseini Baba-Yusuf, held that the document, which was sought to be tendered by the prosecution counsel, was fully certified and not a hear-say as alleged by counsel to the defence.

Baba-Yusuf said that the analysis of the withdrawal cheques and a copy of certificate from the EFCC had substantially complied with section 84 of the Evidence Act. ``I think that the arguments were heightened because learned counsel

to the defence maintained that the documents sought to tender did not comply strictly with section 85 sub (2 and 4) of the Evidence Act, and that the documents were hear-say,” he said.

The judge admitted the documents in evidence and marked as exhibits P6A and P6B. At the last adjourned date on March 11, the EFCC Counsel, Mr Rotimi Jacobs, SAN, craved the indulgence of the court to tender the analyses of the withdrawal cheques and certificate from EFCC in

evidence.

Jacobs submitted that the argument of the defence should not stand, arguing that the documents substantially complied with the provisions of the act.

He said they should be admitted in evidence ``because the documents contained the stamp, date and signature of the investigating officer”.

However, both counsel to the defence opposed the admissibility of the documents.

Counsel to Kigo, Chief Adegboyega Awomolo

(SAN), also opposed the admissibility of the document.

Awomolo argued that the documents sought to be tendered were reproduced from the First Bank document.

He said that they were photocopies of a document emanating from EFCC, which he said, was a public institution.

He further argued that the document, which was computer-generated, did not meet the requirements of certification based on the provisions of the evidence act.

He, therefore, urged the court to reject the document.

While opposing the application, counsel to the second accused, Mr Lateef Fagbemi (SAN), urged the court to reject the document.

He said it was mandatory in the Act for the certification of every document to be admitted in evidence.

Counsel to the third accused (Wada), Hasan Liman (SAN), also objected to its admissibility.

11

Centre For Social Justice writes Senate President, IPU on ‘Budget Theft’ Joe Ezuma

Port Harcourt

T

he Centre For Social Justice(CSJ) In Port Harcourt, yesterday, mobilized other civil society organizations in the Rivers State capital for mass action against impunity and corruption in the Nigeria.

It also carpeted the National Assembly over what it called ‘budget theft’ with particular reference to the 2014 Budget . This is coming as controversy still trails the discovery by Civil Wealth Platform(CWP) of N295 billion ‘wasteful’ allocations to Ministries, Departments and Agencies(MDAs).

The Civil societies frowned at the N150 billion and another N100 billion for constituency projects allocated to the National Assembly.

Six Delta students bag NNPC/Chevron’s award Dominic Adewole Asaba

L-R: Product Manager, Smartphones, Samsung Electronics West Africa, Mr. Anish Mathew; Marketing Manager, Information Technology and Mobile, Ms. Olajumoke Okikiolu; Director, Information Technology and Mobile, Mr. Emmanouil Revmatas and Managing Director, Mr. Brovo Kim, after a press briefing to announce the commencement of Samsung’s Galaxy S5 preorder drive and launch of Samsung’s NX30 Smart Camera in Lagos…yesterday.

WARNING

Extoring money from developed will, hence forth, attract sanction

Dilionye Dilibe Onitsha

L

and speculators and hoodlums extorting money from developers who engage in any form of construction work have been warned to desist as the police in the area have marshaled out plans to deal with defaulters.

This warning was given yesterday by the Divisional Police Officer, Fegge Police Division, Mr. Rabiu Garba, while addressing members of the

Hard times await extortionists as Police warn land speculators Anambra State Vigilante group, Fegge Unit at the police station.

According to the DPO, it had become an embarrassment to the public, the harassment and extortion of huge sums of money from people who attempt to engage in the construction or renovation work on their business premises and residences, adding that defaulters would henceforth be made to face the wrath of the law.

Mr. Garba charged developers who wish to carry out any renovation work to seek police protection and avoid any form of

scuffle with the extortionists as that could spell disaster.

“I charge any developer who wants to carry out a renovation or construction work to engage the police for protection, as doing it alone could turn to violence. Those who engage in the extortion are irresponsible and could harm you”.

The police boss further charged the vigilante operatives to see themselves as subordinates to police authority and resist being used for illegal activities.

He warned that Fegge Division would continue

to monitor the directive that the operatives must wear their uniform for easy identification, as defaulters would be punished accordingly.

Still maintaining his stance on the need for the respect of human rights, Mr. Garba hinted that periodic weapon training would be organized to train operatives on weapon handling and enjoined them to imbibe discipline and respect for human rights while on duty, stressing that there was no excuse for human rights violation in modern-day Nigeria.

D

etermined to change the psyche of youths in Nigeria, Chevron Nigeria Limited yesterday rewarded six students in Delta State for excelling in creative writing.

They include, Emeden Joshua (Federal Government College, Warri), Ozonuwe Glory (Delta Steel Company Technical High School, Oruwhorun), Obe Godwin (James Welch Crammar School).

Others are, Onyemachi Ebubechi also of Delta Steel Tech, Chukwuju Ogechi (Graceville College, Asaba) and Arogundade Onome of Irri Grammar School, Irri.

Having beat 150 others who qualified from the first stage of the Chris Ikomi Memorial Essay Competition packaged by the company, each of their accounts was creditted with thousands of naira.

The competition, an annual event by NNPC/Chevron Joint Venture, was to

immortalize late Ikomi, a staff, who lost his life in very painful circumstance during the inter-ethnic crisis that rocked Warri, late 1990s.

The General-Manager, Policy, Government and Public Affairs (PGPA), Deli Haastrup, at the occasion in Asaba yesterday, said the competition represents an ideal way to manage conflict and instill essential life skills and knowledge for self-empowerment in youths for nation building via creative thinking and writing.

He said, “skills in English will, no doubt, have direct positive impact on the students’ studies, examinations ad life after their formal education.”

He explained that since the competition was launched in 2001, it has promoted “reflective thinking and creative writing among youths” because the topics chosen were those that tasked participants’ intellect and helped to bring development.

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Friday,March 14, 2014

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I stole a friend’s car for my use – Suspect FRIENDLY ENEMY A man steals his friends car, leaving him stranded several kilometres away from home Elijah Eda Samuel

A

39-year-old man, Adeleke Ayodele, has disclosed reasons why he stole the car of his friend, who doubles as his boss.

Ayodele, who is now in the custody of the Federal Special Anti-Robbery Squad (FSARS) in Lagos, told our correspondent that though the owner of the Honda CRV car was his friend, he also worked for the man as a driver.

He said: “Yemi was my friend and boss. I was working for him as a driver.

“We went for a programme at Okitipupa in Ondo State. But it was from Okitipupa that I took the vehicle without waiting for those we went together.

“I took the vehicle away in December 2013 but was apprehended in February 2014 when I was using the vehicle to convey some foodstuff for somebody on commercial purpose to Obalende.

The electrician, who resides at Odogunyan, Ikorodu in Lagos, claimed that he stole the vehicle although he knew he would be caught.

He said: “I have done it before I realised what I have done.”

When asked why he did not return the stolen vehicle?

The father of two said he called the owner and told him that he wanted to buy the vehicle.

“But I was dodging them whenever they came around. They knew my house and they usually met my wife who always told me whenever they came looking for me.

“On the day I was caught, I was on my way to Obalende, carrying some tubers of yam because I needed money.

“My family was disappointed and reacted badly when they heard that I was arrested for robbery.”

Two other robbery suspects in FSARS custody, Akeem Audu and Emmanuel Ambrose, told our correspondent that they were arrested for the theft of a Toyota Avalon car which they stole from one professor.

Audu said Emmanuel came to told him that if they could steal a car, he knew a man who as ready to buy it.

“So, we went to the house of the

Ayodele

man where the car was stolen from. Emmanuel was driving the car when he was arrested at Ojota area,” he added.

Audu, the second son and the second born in a family of five, who finished secondary school in 2010, said he felt very bad about what he had done

Ambrose and Audu

He said: “This is the first time I got involved in robbery. I feel very ashamed. When he heard, my father was annoyed and said he would not get involved in my case.

“I don’t intend to go back to robbery in my life if God frees me from this.”

On his part, Ambrose said “we are here because of this car that we stole from the owner.

“We were three that went for the operation when we went to steal the car, they (Audu and our third colleague) went inside to operate and told me to stay outside the gate and be on guard for them.

Muritala Ayinla

A

bout 22,002 pupils in p schools in Lagos State m urgent steps are not tak ernment.

This is as the Commissio Dr Jide Idris, disclosed that t had installed vision corridor ry schools across the state to tection of visual impairmen The state records of the v the pupils show that over 20 pupils suffer from different ments.

According to the data ob Metro, a total of 91,266 pupils by the eye trained teachers 69,264 have normal vision wh found to be visually impaire A total of 9,089 pupils out were referred to the s units, while 166 pupils ha corrective glasses and 143 r were given to their teacher fer from visual impairmen But speaking on the effo the problem, the commiss forts were being made t trend.

Idris, who spoke during the state Expanded Schoo Programme at Olusosun Pr Ojota, said more teachers ha to screen the pupils’ eye dis He said: “So far, we hav teachers in primary schools a at least two teachers from ea primary schools in this state

Police arrest man with 18 human sku STRANGE GOODS A man walks leisurely about in Ogun State with 18 human skulls in his bag

a bag which contained the 18 human skulls when he was nabbed by policemen attached to Ado-Odo Division.

He said the suspect had already been transferred to the State Criminal Investigation Department

Kunle Olayeni Abeokuta

P

olice in Ogun State yesterday arrested a 38-year-old man, Adelani Ayomide, for allegedly being in possession of 18 human skulls.

The suspect was apprehended about 6:48am on the Ado-Odo Owode Road by policemen who were on a “stop and search operation.”

The state Police Public Relations Officer (PPRO), Mr Muyiwa Adejobi, confirmed the incident in a statement issued in Abeokuta.

Adejobi, a Deputy Superintendent of Police, disclosed that the suspect was a native of Ilaro in Yewa South Local Government Area of the state.

According to him, Ayomide was trekking along the road clutching

The suspect with the skulls

(SCID), Eleweran, Abeokuta for further investigation as ordered by the Commissioner of Police, Ikemefuna Okoye.

The PPRO pointed out that the suspect would assist the command

in unmasking others connected with the c He assured that would be diligently p serve as a deterrent t nals.

FALANA: iNEC’S 90 DAYS CAMPAIGN WINDOW ILLEGAL/ PAGE 15 | KOGI: CRISIS teARS aPC APART / PAGE 17

POLITICS

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Friday, March 14, 2014

Osun guber: Opposition battle for REC’s removal T his, indeed, is not the best of times for the Independent National Electoral Commission (INEC) in Osun State. The electoral umpire has been dogged in controversy over the demand by major opposition parties in the state that the state Resident Electoral Commissioner (REC), Ambassador Toyin Akeju, should be redeployed.

Several political parties in the state believe that for sanity to prevail in the August 9, governorship election, Akeju has to be redeployed. The parties reasoned that there would be no credible election with Akeju as presiding officer.

The crux of the matter was the allegation that the REC is a card-carrying member of the All Progressives Congress (APC), the ruling party in the state. Akeju’s problem is that he once served under the administration of Bola Tinubu in Lagos and as such, he is perceived to be doing the bidding of the APC. The agitation for Akeju’s removal got to a head recently during a stakeholder’ meeting between the INEC chairman, Prof. Athahiru Jega, and leaders of all the registered political parties in Osun State. The event nearly ended in a stalemate when protesters stormed the venue of the meeting and demanded for the removal of the REC before any meeting could hold. They insisted that for any credible election to hold in the state, Akeju must be removed before the August 9, governorship poll.

A leader of the protesters shouted: “Akeju is a card-carrying member of the ruling APC in the state and also an age long ally of Tinubu whom he served as his Special Adviser. And not only that, the Federal High Court has ordered that he should vacate the state about four years ago, which Jega refused to act upon.”

However, when the meeting started at 10.30a.m., members of the Peoples Democratic Party (PDP), Labour Party (LP),

Ahead of the August 9 governorship election in Osun State, there have been calls from the opposition parties for the removal of Toyin Akeju, the State’s Resident Electoral Commissioner (REC).

ADEOLU ADEYEMO reports

Jega

Democratic Peoples Party (DPP) and the All Progressives Grand Alliance (APGA) walked out, accusing Jega of being bought over by the APC-led government in the state.

Also, a group known as Osun Liberated Movement in a separate peaceful demonstration appealed to Jega to with immediate effect remove Akeju, saying his continued stay in the state will lead to electoral fraud. “The people of Osun State have lost confidence in Akeju as a result of his relationship with a national leader of the All Progressives Congress (APC), Senator Bola Tinubu,” the group spokesman, Adekunle Adewale, stated.

He affirmed that Akeju’s removal would

CROSSFIRE

The suspects are now taking us to court on the basis that since they were acquitted on the trial issue, they want to sue the state and I for N20billion… I still call Senator Iyiola Omisore the prime suspect in the murder of Bola Ige -Muyiwa Ige

Muyiwa is acting the conspiracy theory script handed over to him... Is he doing this because of the position he is holding?

The late Ige was a fearless man who stood for the truth at all times irrespective of who is affected -Sen. Iyiola Omisore

ensure free and fair election in the state.

Dramatically, shortly after the group demonstrated at the venue of the meeting, another group in several placards clamoured for the retention of Akeju.

Speaking at the meeting later, Jega pledged that INEC will conduct a credible election in the state come August 9.

Again, a meeting of INEC with all the party chairmen in the state to distribute soft copies of the voters’ register to all political parties in the state penultimate Tuesday was stalled for several hours by angry political supporters and pressure groups who protested at the INEC office in Osogbo against the continued retention of Akeju as REC. The protesters stormed the office as early as 8.00a.m armed with placards with different inscriptions that read: “Akeju must vacate Osun before the conduct of the forthcoming election,” “We don’t have confidence in Akeju and should be removed

by Jega now,” “Akeju should be redeployed without further delay if credible election is to be witnessed in Osun.” They also chanted anti- Akeju songs.

They disrupted the flow of human and CONTINUED ON PAGE 16

POLITICAL NOTES

Deflating the VIP security aura

B

arely a week after the Adamawa State governor, Murtala Nyako escaped death when his convoy was attacked by suspected Boko Haram members, his Benue State counterpart, Gabriel Suswam also survived a gun attack on his convoy on Tuesday.

Not too long after, President Goodluck Jonathan’s cousin was also kidnapped from their family home in Otueke, Bayelsa state. Till now, in the North-East part of the country, the Boko Haram terrorist group have turned the area into a battle zone, with killings and bombings becoming a daily affair.

But it was as if such governors, and other privileged Nigerians were immune from the insecurity scourge in the country even with the retinue of gun totting security details that go with them, clad in battle ready gears, siren blaring convoys, scary enough to frighten any average law abiding citizen.

Because the high and mighty have to be protected, other less important citizens are protected in the ratio of one policeman to a hundred people. Whereas, the elevated class comprising mostly of politicians, pubic office holders, business tycoons, religious leaders and others are guarded in the ration of about eight policemen to one.

This has given many Nigerians cause for concern. They worry that if the high and mighty, especially governors, and the president’s family can be such easy targets, what assurances do the average Nigerian have?

But then others contend that there might just be some advantage in the new trend, given that most times government officials seem to only pay lip service to the issue of insecurity in the country. Maybe now, more seriousness will be given to the issue.

14 POLITICS

Sanctity of Truth

Friday, March 14, 2014

OPEN FORUM

...On EARLY CAMPAIGNS BY POLITICAL PARTIES

Lai Mohammed: INEC incompetent to enforce law Alhaji Lai Mohammed, lawyer and former university teacher, is the interim National Publicity Secretary of the All Progressives Congress (APC)

INEC is completely incompetent, not only incompetent, INEC is impotent. They lack the political will to look at the Federal Government’s party in the face and tell it ‘what you are doing is wrong

C

ampaign is an opportunity or a forum to tell your electorate how far you have met your promises to them in the past and how you can serve them better if you are given higher responsibilities.

All the president has been doing all around the country today is to tell the people how well his government has performed and how much they should expect from the Peoples Democratic Party (PDP) if voted into power in 2015.

So, clearly, it is a campaign.

PDP has claimed that what they are doing is unity rally. We have no problem with that, then they should please give equal opportunity to other political parties to do same; motivate people, galvanise them. We should also be allowed to organise unity rallies, freedom rallies, consolidation rallies and the likes.

I think the PDP led by the president has violated INEC regulations on elec-

Mohammed

tion campaign and since INEC cannot talk, cannot stop them, INEC has lost moral authority to be an unbiased umpire. Therefore, all political parties who follow suits in what Mr. President is doing cannot now be seen to be violating any laws because there can’t be any two sets of law; one for Mr President’s party and another law for others.

If INEC believes that all political parties are breaching the laws, then we should all be allowed to continue to breach it since they cannot stop it.

You see, the problem with INEC is

that it lacks the courage and the political will to be an impartial umpire because if INEC had made a pronouncement immediately the president went to Sokoto and when he went to Owerri, Minna, Ilorin, Onitsha, it would be okay. But it waited for president to have gone to Sokoto, Owerri, Ilorin, Minna, Kaduna, before it now says all parties are breaking the rules.

So, what does that make of it as an umpire if all the parties are breaking INEC rules and it cannot do anything about it?

How does that portray it as an umpire? It is like saying that you are in a football match and people are using their hands to score and the referee says; well since every team is doing so, so, let every team continue then.

When they said our welcoming par-

ties were campaign, we stopped it. When they said no more rally, did APC embark on any rally again? No. When Mr. President started his own, did they talk? I am saying INEC is completely incompetent, not only incompetent, INEC is impotent.

They lack the political will to look at the Federal Government’s party in the face and tell it ‘what you are doing is wrong.’ It is not a defence that every political party is breaching the law. What an umpire should do is, look APC you are breaking the law, stop it or we sanction you; PDP, you are breaking the law, I sanction you.

Not to say that after all every party is breaking it. What does that make of it?

If INEC is firm and impartial to apply the same rule to anybody, there would be order. Presently, there is law but there is nobody to enforce the law.

INEC is too weak to enforce the law.

INEC watched Mr. President go to campaign in Owerri, it didn’t say anything.

Watch him campaign in Sokoto, Minna, Ilorin, Kaduna, it didn’t say anything.

And when we started putting pressure, it now said after all, all the other political parties are breaking it. That is a very weak organisation.

Interview by Temitope Ogunbanke

Willy Ezugwu: Leading parties lack respect for law Chief Willy Ezugwu, SecretaryGeneral, Conference of Nigeria Political Parties (CNPP)

W

e have seen what the so-called big parties – the Peoples Democratic Party (PDP) and All Progressives Congress (APC) are doing. They have automatically started their campaigns, so the Independent National Electoral Commission (INEC) should take note of that. We have seen the gathering of who is who in the two parties, including the president, governors, members of the national and state Assemblies as well as ministers at all the campaigns.

The action of the leading parties shows that they have no respect for the nation’s laws. The problem of this country is the PDP and APC, as every indication points to the fact that they want to plunge Nigeria into crisis ahead of the 2015 elections, but my advice to INEC is that it should ensure that the provisions of the Electoral Act are implemented to the letter. It should also not allow itself to be manipulated by the socalled big parties, as no individual or group is bigger than the laws of the land.

INEC, also has to explain to Nigerians whether these parties and their members are above the law. Ordinarily, the commission is supposed to wield the big stick against these parties, but because it lacks autonomy; because it can only bark and not bite, it cannot sanction either the ruling or the opposition party. It is only

when any of the “lesser” political parties go contrary to the law that INEC wakes up to its responsibilities.

Again the police, which should ensure that all parties adhere to the provisions of the law is also handicapped. Who will the police, which have its leadership appointed by the president going to hold? Is it the PDP or the APC? My position is that INEC should make a public statement on the issue and be courageous enough to sanction the parties contravening the Electoral Act by involving in the early campaigns.

What Nigerians want from the commission is action. However the question is: Can the commission do it? The answer is no, and it means that INEC has started failing as we approach the 2015 elections.

If the commission cannot handle the

Ezugwu

simplest of its responsibilities; how do we believe that it has the capability to ensure free, fair and credible polls?

If the commission cannot ensure that

the various political parties abide by the provisions of the Electoral Act, how will it guide against its officials and some people in power, frustrating Nigerians from electing candidates of their choice in the 2015 elections?

It is very unfortunate that the ruling party and the president, who has repeatedly told us that he is committed to the Rule of Law are the ones heating up the polity almost a year ahead of the elections. How does the president explain a situation where members of his cabinet are busy declaring and campaigning for governorship and National Assembly positions without first resigning their appointments?

Interview by FELIX NWANERI

Laja Odukoya: INEC lacks political Dr. Laja Odukoya, is a Senior Lecturer, Department of Political Science, University of Lagos.

I

f political parties are campaigning before elections, then the Independent Electoral Commission (INEC) should go ahead and sanction them if it has the political will to do that.

For me, if INEC can do that, it is indicative that it is trying to provide a level playing ground for political parties and to make the political process free and fair.

My concern, however, is if they have the political will to do that. If they can sanction them, it will be a good development.

Democracy is about constitutionalism and Rule of Law. But if you start violating basic rules even before you contest election and you get away with it, the height of impunity gets stretched and people see it as the way to go. It will be commendable if INEC can sanction but there is no evidence on the ground that INEC could do such.

Clearly, the electoral body has a duty to regulate the activities of the parties in line with the constitution. There is noth-

ing without its pros and cons. But on the long run, it is the end of democracy that matters. Democracy cannot be a rule of impunity but must be rooted in the Rule of Law. It will be good for our democracy and our people; they will know that those who get to power are law-abiding people, who are accountable and those who can stand by the basic details of the constitution and not that of monarchs who become emperors and not unaccountable to the people.

Though people have said that the president has been campaigning subtly, but with due respect, the Presidency has not been serious about anything and has

POLITICS

Sanctity of Truth

Friday, March 14, 2014

OPEN FORUM Chief Olisa Metuh, a lawyer, is the National Publicity Secretary of the Peoples Democratic Party (PDP).

T

he unity rallies that the Peoples Democratic Party (PDP) have embarked upon is not a campaign for 2015 general elections but a campaign for peace, oneness and unity in the country. With all the unrest and violence that we are having, it is a campaign for peace and I don’t think it is against the regulation of the Independent National Electoral Commission (INEC). Definitely no!

This peace and unity rally is necessary to keep Nigeria as one. It is necessary to ensure that we remain peaceful and as antidote to the violence in the North and restiveness in the various parts of the country.

Well, if anybody termed the ground breaking of the Second Niger Bridge by President Goodluck Jonathan as a political rally, we have no apologies for it; if you termed his commissioning of projects or his laying of foundation stones for major landmark projects in this country as a campaign, we have no apologies for it. That is what he was elected to do; it is governance.

Mr. Femi Falana is a human rights activist and a Senior Advocate of Nigeria (SAN).

...On EARLY CAMPAIGNS BY POLITICAL PARTIES

Metuh: We’ve no apologies for holding unity rallies I think the parties should be careful and adhere to INEC rules. As a political party, we are very mindful of our action and we don’t want to breach any regulations This is a man delivering dividends of democracy to Nigerians, and he is engaging in developmental programmes all over the country. If you termed those infrastructure development across the country as campaign, no apology for it.

I read that INEC chairman, Prof. Attahiru Jega said that all the parties are guilty of breaching the electoral law. I think the parties should be careful and adhere to INEC rules. As a political party, we are very mindful of our action and we don’t want to breach any regulations of any supervisory bodies and agencies

Metuh

in this country. So, we are mindful of it.

Definitely, all the parties are one but government is untouchable to ensure that they bring development to the people. As a political party, the PDP, we act within the confines of the law, just like I believe the other parties would be mindful of not breaking the laws of the land.

Falana

Apart from receiving defectors, he also goes to churches every Sunday to

campaign. Once the service is over, President Goodluck Jonathan is giving the microphone not to pray but to campaign.

So, that is why INEC has not been able to enforce the law. That is why INEC cannot enforce the law because the law itself is illegal.

I think INEC just made the statement to harass the politicians in the opposition parties; it does not address the ruling party, the Peoples Democratic Party (PDP).

On a very serious note, this is part of the carryover or legacy of military dictatorship, whereby our entire life was regulated and regimented. It is not a matter of law.

In democracy, by convention, campaign is usually the last year to the elec-

will to sanction parties

Odukoya

not focused on anything. By saying Presidency, it goes beyond President Goodluck Jonathan as a person. As a matter of fact, most of the things that the Presidency

We have to identify how the campaign rules are being breached. We, as a party will look inwards, and if there are ways that we breached it, we will correct it accordingly.

As far as we are concerned, this reconciliation agenda, the theme of it, has nothing to do with campaigning but we preach unity and oneness for the country. As a party that caters for all national interests, we are going around to preach peace and unity. That is what we are geared towards.

But if there is anyway we have breached the rules, we will make amends. We are mindful of it and won’t breach it.

We have not embarked on any campaign. We have not presented any candidates at any rally. We don’t even have candidates for now. What we are doing is a sensitisation among our members through unity rallies for peace and progress in the PDP, and Nigeria at large.

This has become necessary because of the violent nature of APC ahead of the forthcoming elections.

Interview by Wale Elegbede

Falana: INEC’s 90 days campaign window illegal

T

he statement credited to the Independent National Electoral Commission (INEC) that they the political parties are breaching the law ahead of the February 2015 elections though flow from the provision of the Electoral Act 2010 (as amended) flies in the face of the constitutional provision of freedom of assembly, association and expression.

Whereas the Electoral Act is saying; if you want to contest election in Nigeria, thou shall not campaign until 90 days to the election. It is not practicable to cover the entire nation in 90 days; hence the president has begun his own campaign.

15

has been doing including the National Conference, is partly a reaction to the major crises in the political system. So, everything has actually been structured towards diversion and leaving the major issues of state which is the welfare, economy and security. When people have no idea of these issues of state, they get involved in things we are saying.

Since independence, there has never been any election in Nigeria that has not been serious and crisis-ridden. This is because the state is a means of production. We have a ruling class that is not unproductive. So, for the ruling class, the

state is a means of production. The capture of state power becomes the avenue of getting rich. So, 2015 will not be an exception, it will only follow the tradition of all the elections we have been having, where elections becomes a warfare.

So, there is nothing that will play itself out in 2015 that has not been done before.

The condition before the 2003 was much terrible than this and same for 2007 because of the need to get political power and acquire economic power, which our ruling class and elite are latching on.

Interview by Wale Elegbede

tion. Campaign for election is an entire year to the election. There are primaries, presidential debates and the rest of them. You go round the entire country, but if you go by the provisions of the INEC law, which of course has to be subjected to the constitution; the 90 days period of campaign is totally illegal. But every Nigerian has the right to exchange views and ideas and also impart ideas.

You can see that what the president is doing by going to Owerri, Sokoto, Ilorin, Kaduna, Minna and others is pure election campaign. I remember when he was in Sokoto, apart from receiving those who are defecting; he also said the PDP is the best political party in town and that people should join them in continuing their programmes. That is purely a campaign. There is no doubt about that the president has engaged in campaign.

But I am saying that he is not violating the constitution.

The INEC law being violated cannot stand in the face of the provisions of the constitution. For instance, I don’t even need to campaign for election; I can go to any community in Nigeria and canvass ideas to them. Your paper is writing editorial about 2015, nobody can say what you are doing is illegal. Your paper can decide tomorrow to write an editorial, asking Nigerians to vote for one political party or to send packing this government; nobody can accuse you of violating the law.

Interview by AYODELE OJO

16 POLITICS

Leading

Woman Your dad, an accomplished epidemiologist, recently passed on. To what extent did he influence your involvement in politics?

He was such a big factor in my life, both in politics and outside it. It is not going to be easy without him because I am missing him already. I missed those times that I always go to talk to him.

There a r e con-

Smith-Tejuosho

Sanctity of Truth

Friday, March 14, 2014

Smith-Tejuosho: I’m not desperate to be Deputy Speaker

zz Says, ‘I can’t mix business with pleasure’ Hon. Funmi Smith-Tejuosho is a three-term member of the Lagos State House of Assembly and a former Deputy Speaker. In this interview with WALE ELEGBEDE, she speaks on her impeachment, overtures from men and her political future. Excerpts: versations that we usually had towards the end of his life and he just wanted to talk. He is always watching news, reading newspapers and making research for me. Sometimes, there are conversations that we have and the next day I will come to the floor of the House and discuss it.

Obviously, I will have more to say than certain other persons because I have spoken to a wise man who had been around for a while. So, I just flow with those things. It is good to have an intelligent father and I will sure miss him. He taught us how to believe in ourselves and always highlight everything good in us. Though he was worried when I first told him I wanted to go to politics. He was worried because of the normal belief that politics is a dirty game. He also told me that I am too frank and sincere for politics. But he later agreed after series of advice from him.

As I have gone through this period in elective office, I have learnt to use many of the nuggets he gave me.

What were the exact words your father told you when you were impeached as the deputy speaker of the Lagos Assembly?

He was very supportive of me and told me never to be distracted in life.

He said to me that when people tried to pull you down; they always meet their own too in no distance time. Sincerely, I saw a lot of things unravelled before me. When you are vindicated and you think about what your father has said, it makes you happy.

He stood by me all through that period. He actually made it easy for me, especially through prayers. He told me to continue with my job and that there is nothing to worry about. I was so encouraged by his words especially when I remembered that this is a man that doesn’t like politics in the first place because I am the first person in my family to go into politics. Politics is not what he wanted me to do; just like he wanted me to study Medicine and I have a pre-

medicine degree but I changed to Law because that was what I wanted.

What motivated you to dump your wig as a lawyer and moved into politics?

Well, I used to complain a lot about the society and the government; no light, no water and others. But as time went on, myself and my husband felt instead of complaining, we should start doing some things in our neighbourhood and we started doing some little things there.

After then, I was actually invited to come and run for office in the Grassroot Democratic Movement (GDM) days, so I ran for House of Representatives. I have been going for meetings then and the people of the area decided to give me ticket for that office. But I withdrew two days to the election because of the Abacha thing. I felt you cannot be honourable in a dishonourable dispensation. I felt it will not be good for me to go further. After that, I contested for the House of Assembly seat in 1999 but the party said I should step down for another lady. By 2003, I have more support and went for the assembly, and since then I have been so lucky and I have my constituents to thank.

Have you forgiven those who orchestrated your impeachment?

Well, forgiveness is divine. It is yes and no. But right before my eyes, those who did that have met their own waterloo. God has always been fighting for me. Many of those that were impeached didn’t return to office at all. Not only have I returned but my constituents are fully behind me. All throughout the period, they were coming here and going to the leaders. But, I have to be sincere, the leaders were very fair to me; they were very supportive and I felt that was what I needed at that point of my life. My colleagues will compete with me. Some people believe that if you don’t pull others down, you cannot get to positions.

That is their own belief. But the people that matter who are the leadership of the party were very supportive of me. Here I

As long as there is life, there is hope. It is not my inheritance... I was there for those years. Honestly, the whole stuff only made me not to trust people.

People can be deceitful. I was very trusty

am back in the House. Obviously, I must appreciate them for having confidence in me. So, I cannot dwell on triviality.

Why do you think some of your colleagues then wanted you out as the Deputy Speaker by all means?

I don’t know. Honestly, I think about it as well. I think it is just politics and some people play it dirty. Some people believed that if you are becoming too noticeable and known, it might be not be too comfortable for the other person. That might be a problem. We are 40 different members from different backgrounds. While I do not want to pull anybody down to take the person’s position, there were others who wanted to pull you down to take your position. So, I have learnt to understand that we are different and we have to disagree to agree in everything. I will not change my way because certain people are not happy with it, as long as I believe that I am doing the right thing. I believe we are all equals in the House. If I am not comfortable with a particular thing, I will tell that person that I am not comfortable with it. That might be a problem for some people. I am not harming anybody but saying how I feel. But I think now they have accepted me the way I am.

A lot of people still feel that you were responsible for the scary certificate scandal audit that exposed some lawmakers, especially Hon. Adegeye, who actually seconded the motion for your impeachment then.

You know something; at that time if they cannot sleep with their wives, it was Funmi Tejuosho that was responsible for it. That is where the work of God is awesome. When they said some people don’t have certificates, I don’t know them or where they are coming from. Funny enough, I don’t want to really say whether it’s true or not, but some of them have come to apologise to me. They found out that it was someone else they have done something to that capitalised on it. They apologised. Everything that happened at that time, as far as they are concerned, it was me. Sometimes, I look at myself and ask if I have all these powers, all these connections. See, you have to be focused and this is a party ticket and so much is going around.

But you tried to push for a reverse of the impeachment at the beginning of the current dispensation?

I wasn’t pushing for a reverse of it because I didn’t feel comfortable for a reverse. You must only push for something CONTINUED ON PAGE 18

POLITICS 17

Sanctity of Truth

Friday, March 14, 2014

SNIPPETS Yoruba elders fight over N700, 000 T

Audu

Akande

Kogi: Crisis tears APC apart In any democratic system, a strong opposition poses a challenge to any government in power. It keeps the ruling party on its toes. How has the All Progressives Congress (APC) in Kogi State fared in this regard? MUHAMMAD BASHIR examines the crisis rocking the opposition party in the state.

S

ince the formation of the All Progressives Congress (APC), there have been reports of personality clashes among its leaders. In Kogi State, the battle for supremacy has torn the party into different factions, namely those of former Governor Abubakar Audu and that of the former governorship candidate of the defunct Congress for Progressives Change (CPC), Mr. James Ocholi (SAN).

What led to the break up? New Telegraph gathered that during the constitution of the state interim executive, Prince Audu, being the state leader of the party, going by the party’s constitution, insisted that the former state chairman of the Action Congress of Nigeria (ACN), Alhaji Haddy Ametuo, lead the state APC interim executive.

Ocholi, now the National Deputy Legal Adviser of the APC with the support of the current member of the National Assembly from Lokoja/Kogi federal constituency, Hon. Umar Buba Jibril, also wanted their former state CPC chairman, Alhaji Mohammed Kasim Mabo as the chairman of the state interim executive committee.

This situation has given the party two different secretariats. Audu’s faction occupies the secretariat of the defunct ACN, while Ocholi’s faction is currently operating at the constituency office of Jibril. The two factions held their different inaugurations with the claim of being an authentic interim exco.

At a recent fora, Audu insisted that there has never been a faction in the state APC. He said the national secretariat of the party only recognised the Haddy Ametuo-led interim executive committee in the state.

The former governor further stated that the national secretariat of the APC recognises him as the state leader of the party, having served as governor of the state.

Also speaking in the same vein, the factional chairman of the APC, Ametuo argued that his inauguration as the state chairman of the party was endorsed by the party leadership at the national level.

He added that there is no other APC in the state apart from the one he is leading.

He maintained that all the APC secretariats in the country are being housed by either the building earlier occupied by the All Nigeria People’s Party (ANPP), CPC or ACN, noting that the APC in Kogi State is currently operating from the secretariat of the defunct ACN and duly recognised by the national body.

“We are operating according to the law enshrined by the party’s constitution. We have our office and not occupying a borrowed office that is meant for constituency,” Ametuo added.

But the factional chairman, Mabo, accused the other faction for attempting to hijack the party’s machinery. He said the national body of the party recognised his committee as the authentic one.

One factor that further deepened the party’s crisis was the last membership registration in the state. Ocholi faction alleged that the Audu’s faction of hijacking the registration materials to register his loyalists in the eastern part of the state.

But Audu in a quick reaction denied the allegation. He said he was not a registration official, wondering why he should hijack the materials of a party he is in control of in the state.

Also reacting to the allegation, former Commissioner for Information under the administration of Ibrahim Idris, Dr. Tom Ohikere, told journalists that the Ocholi group were only crying foul.

“Ocholi participated and registered from this same material he is alleging of being hijacked. The registration materials were handed over to the authentic

We are operating according to the law enshrined by the party’s constitution. We have our office and not occupying a borrowed office that is meant for constituency

officials of the party. There is no way the secretariat will issue party material to a non-executive members,” he added.

However, the registration issue was said to have been laid to rest, as the national body of the party, following barrage of complaints, issued more registration materials to cater for those who were said to been disenfranchised.

Looking at the personality of these politicians in the state, Audu can never be divorced from the Kogi State politics.

As the former governor of the state, Audu still control the political string in the state, particularly in the dominant eastern part of the state. Since 2003 when he lost his seat to the Peoples Democratic Party (PDP), Audu had been a major contender in any governorship election in the state.

It is a common knowledge that the former governor for now has the liberty to spend his personal resources all the time, to any political party he is championing, particularly during political activities in the state, even though his critics translates his political generosity to a personal ambition.

The fact remains that Audu is a cheerful spender, whose spending to ensure the success of his party never irritates him.

Until there is another moneybag in the state APC, and who is ready to give him a run for his money, the success of the APC in Kogi hovers around the former Anifowose governor.

One other challenge that could retard the success of the APC in the state, is the coming congresses of the party and subsequently primary elections.

Audu is still on ground to either contest for the coming governorship election or bring up someone for the contest.

There has been insinuations making the round that the former governorship aspirant of the PDP, Alhaji Jibril Isa Echocho, having lost to the incumbent Governor Idris Wada at the Supreme Court, is likely to defect to the APC. Though the party is enjoying support in the western part of the state, it is uncertain if it can sustain this success with crises going on?

here was a mild drama recently in one of the notable hotels in Lagos.

Two members of one of the leading Yoruba elders’ groups poured venoms on each other. The bone of contention was money.

New Telegraph, which witnessed the ugly scenario, learnt that temper rose over N700,000 released by the group’s executive for logistics, delegates’ welfare and planning of the annual national congress in Lagos.

Many visitors at the hotel lounge and elders present were dumbfounded by the way the two elders who were above 80 years started exchanging words, raising accusations and counter-accusation that the released money was not made available for the purpose it was meant for.

Trouble started when some delegates to the congress asked for their transportation allowance and logistics, which the committee found difficult to provide.

In the course of discussion, the two elders threw caution into the wind.

This exchange took place between the duo at the lobby of the hotel: Elder A: Where is the money?

Who did you release the money to?

Why was money not released for our transportation?

Elder B: I am over 80 years, so I deserve some respect. I was given an instruction to release a particular amount of money and that is what I released.

So, the planning committee will be in the best position to talk on the money.

Elder A: You are stupid for talking to me like that.

Elder B: You are stupid too. Who are you? Who do you think you are?

Elder A: You are really suffering from mental disorder and it is a pity that your family has refused to take proper care of you. I think they need to send you to Aro for treatment. You are not responsible and that is why you sent your wife out of the house. If you are responsible and sane, you will not be living alone at your age without a wife and children.

Elder B: I am a great achiever and I have achieved lots in life. My wife retired as a federal civil servant. What is your own achievement? Except that you are political thug and going about with hooligans. I am not like you, I am a great achiever.

Elder A: You are a thief. Ole, ofe ji owo egbe, mi o gba fun, iyen lo n ta la ra. (He wanted to steal from the organisation purse but I didn’t allow him to do that. That is what is paining him.)

Elder B: Useless man.

As the two elders were exchanging words, raining abuses on each other, the organisation’s secretary, who is a renowned lawyer and a Senior Advocate of Nigeria (SAN) rather than intervene, took a bottle of beer in the lounge. He quietly left the hotel without saying a word.

18 POLITICS

Sanctity of Truth

Friday, March 14, 2014

Osun guber: Opposition battle for REC’s removal CO N T I N U E D F R O M PA G E 1 3

vehicular movement to the INEC office, accusing the REC of being a card-carrying member of APC. They made attempt to force their way into the INEC office save for the security that prevented them.

Some officials of the commission had to come out to address them, assuring that “their complaints had been noted.”

Speaking to newsmen on the development, INEC’s Administrative Secretary in Osun State, Mr. Oladipo Oladapo, appealed to members of the public to remain calm as INEC would conduct a credible election in the state.

In its own disposition to the development, the PDP on Monday insisted that the REC should not conduct the gubernatorial election. Its state chairman, Alhaji Gani Ola-Oluwa in a statement warned that INEC should not compromise the credibility of the forthcoming election by retaining the commissioner. He warned that any election conducted by Akeju in the state will lead to chaos.

He maintained that there was a judgement granted in favour of Osun PDP restricting the REC form organising or supervising any election in the state. He noted that INEC “had not ordered for a stay of execution of the judgement, rather it only appealed the judgement.”

His words: “Apart from not participating in the future elections conducted

by Mr. Akeju, PDP will resist any such exercise and reject its outcome, as any election conducted or supervised by Mr. Akeju will lead to chaos and a probable breakdown of law and order.”

But, the APC has told the PDP that it does not have the capacity to threaten peace in the state and get away with it.

Aregbesola

Omisore

According to the APC, law enforcement agencies in the state will deal decisively with any threat from the PDP to disrupt, through violence, the forthcoming gubernatorial election.

Director of Publicity, Research and Strategy of Osun APC, Barr. Kunle Oyatomi, described the PDP’s statement as ‘arrogant and irresponsible’.

On the threat to boycott the election, the APC said the PDP must be scared of the qualities of the man who perhaps they believe, will not accede to their desperate rigging plans.

“Their complaint against Akeju is totally baseless, otherwise, they would have accepted the challenge of Prof. Attahiru Jega, the INEC boss, to prove their allegation against Akeju,” Oyatomi said.

The APC therefore called on security agencies to take special notice of this open threat to cause mayhem during the election, and do everything within the law to make it impossible.

Also, the Alliance of Collaborating Po-

litical Parties (ACPP) chided the PDP and the three other political parties – PDM, DPP and APGA – for calling for Akeju’s removal, saying the allegation against the REC was frivolous.

Political parties that formed the ACPP include: National Conscience Party (NCP), African Democratic Congress (ADC), Progress Peoples Alliance(PPA), United Progressive Party (UPP), United Democratic Party(UDP), Citizens Democratic Party (CPP), African Peoples Alliance (APA), New Nigerian Peoples Party (NNPP) and APC. The ACPP in a press statement signed by its acting chairman, Alhaji Adetunji Oyolola, and secretary, Dr. Idowu Omidiji, condemned the PDP in particular for what he described as campaign of calumny against Akeju.

The coalition stated that the PDP was mischievous for its persistent calls for Akeju’s redeployment even as it could not produce any evidence to buttress its allegations.

It said: “The 2011 elections in Osun was free and fair under the watch of Akeju and the only candidate of PDP in the House of Representatives election in Obokun/Oriade Federal Constituency that challenged the election result lost at the tribunal and the Court of Appeal.

“The election conducted by the REC in 2011 in the state was peaceful, free and fair and thus no political party has basis to condemn Akeju.”

The ACPP described the PDP’s allegation against Akeju as baseless, reckless and apparently self-seeking.

According to the political parties, “We believe that the wholly undemocratic attitude of the PDP and its three allied political parties, APGA, LP and DPP only became manifest as they sought to impose their evil design not only on INEC but on the majority of political parties in the state who have no complaints about the performance of the REC. “We want to put it on record that the 2011 elections conducted when the REC was in charge was free and fair and the only candidate of the PDP in that election, Oluwole Oke, lost his petition challenging the elections both at the Election Petition Tribunal and the Court of Appeal.

“All other candidates at the election did not challenge the election at the tribunal. We also want to put on record that the case instituted by the PDP against the REC over the 2011 elections was dismissed by the Federal High Court.”

The political parties therefore urged members of the public, INEC to disregard the planned, orchestrated, dramatised and false protests of the PDP and three other parties, saying that their design was to look for pliable officials that will be ready to rig elections in their favour.

‘I’m not desperate to be Deputy Speaker’ Leading

Woman CO N T I N U E D F R O M PA G E 1 6

that you feel comfortable with. If there is so much envy and stress in an environment, why do you want to go there.

I can thrive anywhere. When I did not go back there, did I die? And it did not make the person there better than me.

Everybody has their own advantage and disadvantage. All human beings need to do is focus more on the advantage. If I am thinking of Deputy Speaker all the time, I don’t think I will do anything else in life. It is just a position.

Honestly, I didn’t care though I knew the process was unfair but I never dwell on it. The only time I had reasons to cry was when my driver drove over my puppy and it died. That was life and you can’t bring it back but positions, it come and go. If I desire to become deputy speaker again, I can be again. It is position and as long as there is life, there is hope. It is not my inheritance. In legislative parlance, there is something called

hierarchy, and no matter how high you want to go, you will still remember that I was once a deputy speaker and you will give me that regard, just as I will give you yours.

When I came in 2003, I was deputy chief whip. My principal officers were ordinary members then. So, I think I will always get my regards as a legislator. In legislative environment, there is that hierarchy. For example, I am a third-term legislator; a second termer won’t treat me like second term lawmaker. You can’t erase it from my portfolio. I was there for those years. Honestly, the whole stuff only made me not to trust people. People can be deceitful. I was very trusty, and I never sat down to say I wanted other people’s position. I have never thought about removing the Speaker and put me there. Never.

What is your relationship with some of the lawmakers that are still in the House?

My relationship with some of them is good and with some, not good. Though we still gist and talk, but I will not trust some of them because I trusted them and they betrayed my trust. I still have some close friends that I love dearly and we

treat ourselves as brothers and sisters.

How do you deal with overtures from men in politics?

It is not only in politics, it is everywhere. It is normal. You see, any woman in position of authority will be approached by older men, men at par and younger men. It is only up to you to focus on what you want to do. I know that you cannot mix business with pleasure. I know that as a married woman you have to handle yourself with some kind of decorum. So, if you are aware of these salient things, you won’t have problem.

Being a lawyer, I have been used to working with men, and so they don’t trip or excite me in anyway. Growing up, my father always tell us that you don’t need anything from anybody. My husband always tell our only daughter to be like her mother who is independent.

But people feel you carry measures of arrogance?

Well, that is a perception. That is what they think. I have been trained to be selfsufficient. I might not have everything but I have enough. If I drink gari in my house, I don’t go out to look for jollof rice

Tejuosho

elsewhere. When people say I am arrogant because I was raised in a particular way, I don’t have any apology for that.

What are your plans for 2015?

Honestly, I don’t know. I have not decided. I go with my constituents on what they want me to do. That is why I said I am not over-ambitious. If they say I should go to the House of Representatives, I will. If they say, I should come back here, I am very okay with it. I only let God direct me. The rest is left for the party and the people of my constituency. On the other side, I have plans to do my PhD in Domestic Violence, and I am already writing my proposals.

19

EDITORIAL

Sanctity of Truth

Friday, March 14, 2014

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

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

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FRIday, MARCH 14, 2014

Sanitising the nation’s medical laboratories

T

he Medical Laboratory Science Council of Nigeria (MLSCN) recently decided to clamp down on laboratories involved in unethical and illegal acts of issuing “dubious medical laboratory results,” following the House of Representatives resolution mandating the House Committee on Health to liaise with MLSCN to sanitize medical laboratory practice in Nigeria.

MLSCN aims to restore credibility of the profession by ensuring that test results are not only accurate but reproducible, while putting in place identification emblem for licensed and accredited laboratories. Out of over 10, 000 laboratories in Nigeria only 3, 000 are said to be registered by the Council and none is accredited.

The reluctance to register and secure accreditation has advertised the recalcitrant posture of proprietors and the devastating effect on health care delivery system in the country. Unfortunately, this is happening in a sector where 75 per cent of indices used in patient management and cure come from laboratory services, one of the pillars of the industry since modern health care services depend largely on accurate and reliable results.

It is indeed despicable for owners of such medical facilities to refuse to submit themselves to recognised regulatory bodies. This

amounts to insubordination and portends grave danger for unsuspecting members of the public.

Any owner of laboratory that does not meet the requirements under the law should be adequately sanctioned.

To allow owners who might have set up these facilities for only pecuniary interest to operate without control is to say the least barbaric and inhuman; it exposes the lives of hapless Nigerians who depend on effectiveness of diagnosis to get relief from various ailments and diseases to danger. To that extent, the decision to clamp down on such companies is welcome.

Several factors are responsible for poor health care delivery in the country, including lackadaisical attitude of some medical personnel who treat patients blindly without recourse to laboratory test. Sadly even when referrals are made results are conducted by untrained laboratory personnel.

Also, the level of quackery in the sector is alarming. A large number of laboratories are operated by incompetent personnel, who use of expired reagent and issue poor quality results. Issuance of results without conducting test as well as some laboratory operators engaging in the treatment of patients are contributory factors. Is this not the height of callousness and unprofessionalism?

We believe there should be a

means of identify duly registered laboratories as obtains in other professions. By law, any laboratory that is not properly registered by the council is illegal, and should be treated accordingly. A laboratory should have the minimum benchmark in terms of space and facility, human resources and processes as required by law. The public needs to know these too.

It is good that MLSCN is waking up its responsibility. Without proper laboratory diagnosis the health care is compromised; lack of reliable diagnosis is the reason why wealthy Nigerians seek medical care abroad, which leads to huge capital flight. We have also lost a lot of people and some prominent Nigerians to poor diagnosis. This ineptitude and carelessness must stop forthwith.

While we support t MLSCN in exercising its mandate as per Act 11 of 2003, to regulate the production, importation, sales and stocking of diagnostic laboratory reagents and chemicals as well as inspect, regulate and accredit all public and private medical laboratories, we caution that it should not throw away the baby with the bath water.

The erring laboratories should be given a compliance period.

It is, therefore, expedient for Ministries of Health and management of all hospitals and primary health care centres, to respect the provisions of the law and stop

imposition of non-medical laboratory scientists to either administer or perform any kind of medical laboratory activity; it is embarrassing to note that it is those who are supposed to be the custodians of law that observe it in the breach.

All without exception must revert to international best practice by engaging only professionals. This would ensure optimal performance and avoid the issue of square peg in round hole.

Nigerians deserve better than inaccurate and unreliable results, quackery, and forgery of test results. The MLSCN must as a matter of urgency put machinery in place to check activities of quacks who have taken the advantage of lapses in the sector to import and store all kinds of diagnostic reagents and chemicals under unfavourable conditions with adverse consequences to the patients.

MLSCN’s decision has generated condemnation from other professional bodies such as the Medical and Dental Council of Nigeria, and the Association of General Private Medical Practitioners of Nigeria (AGPMPN), both claiming that the council has no right to regulate practice. We urge the Council not to be distracted; instead it should speed up the process. Nothing but unbiased judgment and proper sense of interpretation of the law will lay this issue to rest.

BOLAJI TUNJI Managing Director/Editor-in-Chief IKE ABONYI Deputy Managing Director/DEIC FELIX ABUGU Managing Editor, South SULEIMAN BISALA Managing Editor, North GABRIEL AKINADEWO Editor, Daily LAURENCE ANI Editor, Saturday EMEKA MADUNAGU Editor, Sunday LEO CENDROWICZ Bureau Chief, Brussels MARSHALL COMINS Bureau Chief, Washington DC SAM AMSTERDAM Editorial Coordinator, Europe EMMAN SHEHU (PhD) Chairman, Editorial Board BIODUN DUROJAIYE News Editor PADE OLAPOJU Production Editor TIMOTHY AKINLEYE Head, Graphics ROBINSON EZEH Head, Admin.

20

Sanctity of Truth

Friday, March 14, 2014

OPINION Conference: Confessing Biafran fratricide W

e must let the world know everything about it. It tears my insides out anytime I hear people talk about Rwanda, Kosovo or Liberia, right here in my country. For God’s sake, worse things happened right before all of us between 1966 and 1970.

As Delegates gather in Abuja next week , for the umpteenth time, to talk about Nigeria, they should be told that deliberating on the way forward without discussing Biafra, will create more bloodshed in the country. Time has come for everybody to address the injustices of the past. The blood of innocent boys and girls, babies, born and unborn, ladies, gentlemen, young and old, is crying in their unmarked graves all over the federation.

For starters, the National Conference must observe a minute of silence for the long dead and forgotten. That is one giant leap for this One Hundred- year- old creation.

I speak for all those of us who suffered, and have continued to feel the pains of war. As a kid, I experienced it all. From the pogrom in Kaduna, to the bombing of Port-Harcourt. The Feeding Centres, the Refugees, Sick Bays, the living dead, and the living. The good, the bad, and the ugly. Age did not hamper my feelings.

Today i am Nigerian. I believe so much in my country.

I detest division. However, compatriots must also be told the truth. What technology has not shown the world, because Biafra came at a time the social media did not exist, we should spread, so that even the blind could see.

As a kid, i grew more than my age. I played with live bullets. I could tell the sound of a jet fighter from the noise of a rocket. I knew of pistols and rifles, bombs and bazooka. Talks of mercenaries and ‘gwodogwodo’ [Chadians] filled my infant ears.

Most of my teenage cousins and uncles turned soldiers overnight. Education, their tall dreams, cut short by war. I want to be personal. And I will give details, so that it does not sound like propaganda. I lost four cousins.

One died in Azumini, swallowed by the swamps. Names will suffice. Kris Nwosu is a former Managing Director of the now rested Universal Trust Bank[UTB].You may mistake him for a first child. He is not. His elder brother, Chimezie, one very very bright chap died in battle.

It was such a terrible war that Nwosu’s maternal grand father, at 75,was conscripted by Biafran soldiers, when the young were no more available to fight. His words still would not just leave me. “Adeline agala nu mu ami ooo”[Adeline , I have joined the army ooo ],the old man screamed before his favourite grand daughter, a mere nine-year old.

I do not eat what we call ‘bush meat’ today because i took more than a fair dose of rats during the crisis. One of my cousins tried lizard, and said it was as good as chicken. First daughter of the late Oba of Lagos, Adeyinka Oyekan confirmed this after the war, because she lived very close to us, having chosen an Ohiaeri-Duru, a Biafran naval officer as husband.

Horrible, terrible sight. My pregnant mother escaped death severally. The closest shave was in 1969.A few minutes after she stepped out of Eke Ezeala market, Federal jet fighters attacked the place. She painted a gory picture.

Scattered limbs, headless bodies, dismembered bowels.

One of my cousins once brought the finger of an “enemy” soldier as souvenir after that ghastly scene.

Onochie Anibeze is a well known name in journalism.

Till date, his father has not returned from Kano. Millions of Igbo like him are still either missing or presumed dead. Many who survived the war, have not survived the peace. The Igbo lost six million souls. Please do not play it down.

In Melbourne, Australia, there is one Emmanuel Nwosu, my maternal uncle. A very good footballer, at 20, in 1968 he was injured in battle. Bullets pierced

his stomach, pumped out his intestines and escaped through the back. Lucky chap. He survived. Ten years later in 1978,he travelled out of Nigeria.

From Italy to Israel, the man ended up in Australia.

He has not visited, all these 36 years. I met him in Melbourne in 2000.A very bitter man, he wondered why I should give him new 100 Naira note as souvenir. So much injustice in Nigeria, he pointed out.

I want the Conference to prove him wrong. Why does the South-east have five states while others have six or more?Why has it taken a Goodluck Jonathan to start another Bridge across the Niger? Why are others saying that an Igbo cannot lead this nation? Why the conspiracy? Why, please tell, me why?

I do not only speak for myself. And I am a true Nigerian. Born in Benin City, i am married to an Esan woman with Yoruba blood in her veins. I have lived in Lagos for 29 years. I graduated from the University of Benin. My first journalism job came through a Yoruba ,Prince Henry Odukomaiya. My elder brother attended Government Secondary School, Ilorin. My younger brother was born in Kaduna, and one of my sisters was at the Federal Government College, Akure.

As an undergraduate in 1983,i was a member of Chief Obafemi Awolowo’s Unity Party of Nigeria[UPN].

My father was not just a local government chairman, he belonged to the Nigeria Peoples’ Party[NPP] in Imo state. The UPN gave some of their candidates Volkswagen Beetles cars. I used my Dad’s vehicles to transport UPN agents. I never got a kobo, and I did not ask for a dime. UPN grabbed votes in my father’s ward. He never asked me questions.

That is the Nigeria of my dream. I am Igbo, proud of my background. I am also Nigerian. Nigeria belongs to all, Hausa, Igbo, Yoruba, Izon, Isoko, Tiv, Mumuye, Ibibio, Egun. I love my country. But we must all agree that the Igbo deserve more from this nation. If this Conference cannot do something about Igbo marginalization, i dare say, peace will continue to elude Nigeria.

Kogi: Look inward before it is too late (4) Oyigu Onuche-Ojo Elijah

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our Excellency Sir, I felicitate with you for being the governor over a state that has been empowered by God to be a prosperous state. It is therefore gratifying to say that, if we are able to look inward and harness our God given gifts, then Kogi state could rather be seen as the “Theatre of Prosperity” and “The Domain of Industrialization.” We do not have reasons to remain poor as a state. We do not have reasons to operate on parasitic economy. We do not have reasons to remain being underdeveloped. Lokoja, the state capital city is believed to be one of famous confluence towns in the whole world where nature deemed fit for rivers to meet. This could be a natural way of making the city a tourist centre which could also generate revenue for the state and employ the employable people provided we considered its expedience. Lokoja, being one of the ancient administrative towns of the defunct Northern Nigerian, is blessed

with other natural features such as Mount Patti that could attract a good number of tourist’s lovers if made a good tourist centre. The whole world is expecting to see the true glamour of our capital city.

The total mineral deposits in the state should be digitally mapped across the various areas of their availability through spatial technology such as Geographic Information System, if at all it has not been done. This will help us in knowing what we have, where we have what we have and how we could lay our hands on what we have. It will also give room for appropriate Environmental Impact Assessment (EIA).

The state ministry of mine and steel development (if we do have) should collaborate with the department of Geology and Geography at the state owned University so as to encourage further research on the discovery and exploitation of mineral deposits in the state.

The government on her part should have the political will to release money for this liberation induced project the

same way you have done in the agricultural sector. Your recent call on the need for the federal government to urgently consider the establishment of Solid Minerals Technology Development Fund, has furthered buttressed your readiness to toll on the path of industrialization.

Effort should be made to accelerate the operational commencement of Kogi State Cement Company, Itobe whose ground breaking ceremony had been performed according to your 2nd anniversary’s speech. Such company will industrialize the state and will also give more room to the employment of our youth provided its establishment is void of the intension for privatization.

Mr. Governor, I do wish to drive home my point by quoting a salient quote by Thomas Henry Huxley That says, “The great end of life is not knowledge but action.” We all have the knowledge of the number of the mineral resources we have in our state but what we need now is action. You have made your readiness known to us that your administration is interested

in the exploitation of our mineral resources; such readiness should be ossified by prompt actions. Actions that will move us forward and stabilize us in the desired industrialization. We all have the knowledge of the manner that poverty has ransacked our people, but what Kogites need now is the action that will emancipate them from the shackle of poverty. We all have the knowledge of the poor status of our primary and secondary schools, but what Kogites need now is the action that will revitalize the educational system; such actions should be good enough to make the school suitable for your own children to attend public institution since Kogi state is an egalitarian state. Every great state takes a great action into greatness. It is high time we take positive actions by translating all our plans and preparation into actions. The time to look inward is now. The time to industrialize the state is now. The time to show forth the glamour and the splendor of our state is now since stitch in time saves nine. prophoyigu@yahoo.com

OPINION

Sanctity of Truth

Friday, March 14, 2014

21

Second Niger Bridge: Jonathan as jinx breaker Sylvester Okoro

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he jinx that has bedeviled the NB2, otherwise called the Second Niger Bridge, is finally broken. Last Monday (March 10, 2014), President Goodluck Jonathan performed the historic ground-breaking ceremony for the second bridge across the Niger to link the eastern flank of the country with their compatriots in the West. It was the crystallization of the hope and aspirations of the people on both sides of the Niger and it comes after several failed promises by successive federal administrations in Nigeria. To say that the ground-breaking ceremony is historic is to state the obvious.

The case has severally been made for a second bridge at Onitsha to ease the perennial traffic congestion in that famous city that has become a nightmare for travelers.

All seemed to agree that it was as much an economic imperative as it was politically expedient. The snag was that successive administrations at the federal level were not as convinced as their assurances sounded.

With the bold initiative by President Jonathan the project which has been on the drawing board for ages, finally got underway.

The event is significant in many ways and it can better be appreciated not as a fulfillment of the 2011 campaign promise by Jonathan but on the premise that previous administrations made similar promises on the second Niger Bridge without fulfilling them. Former Presidents –from Ibrahim

Babangida to Olusegun Obasanjo and his successor, the late President Umaru Yar ‘Adua, the project had always been touted as national priority with little done in concrete terms to actualize it. Obasanjo even went a step further in the last days of his administration by performing the foundation stone laying ceremony in May 2007, but it was a ceremony that was full of symbolism but lacking in substance.

At the ground-breaking ceremony by Jonathan, the crème-de-la-crème of Igboland turned out in their numbers to witness the event in the city of Onitsha. It is a project that is dear to the heart of the average Igboman, coming only second to the Akanu Ibiam International Airport which was also actualized during this present administration. It brings a big sigh of relief for people of the South East who have, over time, cited the government’s unwillingness to commence the bridge as a clear case of marginalization of that part of the country as well as insensitivity by successive governments to the provision of critical infrastructure across the country. Governor Peter Obi who has been pivotal in reviving the project, never fails to commend the President for his forthrightness and his commitment in fulfilling his 2011 campaign promises, while the Obi of Onitsha, Igwe Nnaemeka Achebe, said the award of the contract to a competent construction firm was enough indication of government’s sincerity.

Twelve months ago, Works Minister, Mike Onolememen, had fired up their expectation on the project when he announced

The N60 billion contract allegedly awarded during the Obasanjo tenure for the project was clearly a big ruse that the work would start before the third quarter of 2014 and would be completed during Jonathan’s administration. As the President explained, the delay in starting off the project was simply to ensure that all financial and other logistics arrangements were in place before the ground-breaking ceremony to avoid abandonment. With all these parameters in place, the President has demonstrated that he is not lacking in political will.

The Federal Government had, in recent times, mobilised about N300bn from private investors under Public Private Partnership for the construction of the bridge, the reconstruction of the Lagos-Ibadan Expressway and the approach route of the Murtala Muhammad International Airport. Already, construction giant, Julius Berger Nigeria Ltd has since begun work on the six-kilometer road between the bridge head and Oko-Amakom community where the company plans to use as its base for the bridge project.

The existing Niger Bridge which was commissioned in 1965 has dilapidated so much, raising concerns about the safety

of those who use it. It has also become too small for the volume of traffic it handles almost on a 24-hourly basis, a clear departure from its original design. The experiences of commuters who use the bridge are better imagined, with the infamous traffic gridlocks on either side of the bridge or its approaches. Those traumatic experiences get worse each time an accident occurs on or near the bridge, and for a nation in a hurry for economic development, nothing can be more retarding.

Over the years, the much that was done was to award contracts for the restrengthening of the existing bridge which was on two occasions at the point of total collapse. At a point, the eastern part of the country faced the dire threat of being cut off from the rest of the country. The N60 billion contract allegedly awarded during the Obasanjo tenure for the project was clearly a big ruse. As expected, it was roundly denounced with Governor Peter Obi of Anambra State saying the supposed contract was allegedly awarded without any drawing or a clear financing plan. Governors of the adjourning states of Anambra and Delta which were supposed to co-fund it with the people’s money had claimed they were not privy to the contract agreement.

It was the height of deception, for never before in Nigeria was a PPP arrangement used to build such a strategic infrastructure. . Okoro sent this piece from Awka and can be reached throughsylvesterokoro2013@yahoo.com

As Governor Peter Obi exits Mike Udah

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s Governor Peter Obi (CON) exits from Government House, Awka March 17, a lot of questions come to mind: what manner of Governor has he been? Has he brought some positive changes to Anambra State? If yes, what are those changes? If no, what have been his drawbacks? What legacies is he leaving as he departs? The questions can continue ad infinitum. Before one examines what Governor Peter Obi has done these past eight years, it is expedient to peep into the Anambra scenario before he assumed office in 2006.

It is not in doubt that Anambra State before the Obi years, was often in the news for the bad reasons. It was a State no visitor would ordinarily want to come to. International Donor Agencies detested her. In fact, there was a terrible case where funds brought by one of these agencies were misappropriated by a previous Administration instead of being matched and put to good use for the overall benefit of the State.

To put it mildly, Anambra State was a Pariah State before Mr. Peter Obi was sworn in as her governor.

Among other things, insecurity was the order of the day; human life was cheap and terminated with reckless abandon and without due process. The Bakassi Boys who at a time held sway could ‘slaughter’ someone simply because their knives turned red (a primitive way of ascertaining the guilt of a person!). Armed robbers had a swell time; members of the National Road Transport Owners (NARTO), Movement for the Actualization of the Sovereign State of Biafra (MASSOB) and several other clandestine organizations, each carved its own territory and extorted money from people who were domiciled there. There was massive destruction of

public property in November 2004. Even a governor was kidnapped on an occasion.

In the area of Healthcare, there was no single medical outfit which was accredited by its regulatory authority: there was no hospital which was accredited by the Nigerian Medical and Dental Council. There was no school of Nursing or Midwifery which passed the test of the Nursing And Midwifery Council, etc.

Realizing this pitiable state of affairs, Mr. Peter Obi (who had much earlier during his campaigns in 2003 posed a most philosophical question: “was Anambra cursed or are we the cause?), upon assumption of office, adopted a mission, namely, to achieve the Millennium Development Goals (MDGs) by the year 2015. Only such an eclectic approach could positively impact on a State under siege, he must have reasoned. He chose for his vehicle the Anambra Integrated Development Strategy (ANIDS) – a strategy which enabled him to tackle all facets of life – Health, Education, Infrastructure, the Institution of Governance etc, simultaneously. This strategy also helped the governor to change the Budgeting procedure from being supply-driven to demand-driven.

Without ANIDS, the governor would not have been able to plan properly, budget properly, execute projects properly and get feedback from the people.

Operating under this scheme, Governor Peter Obi was able to turn around Anambra State so much so that in the build-up to the last Guber-election, not a few Anambrarians and non-Anambrarians had bemoaned the Constitutional provision limiting the gubernatorial stint to only two terms.

Today, as Obi exits, Anambra State has been transformed in every material particular: at the Onitsha General Hospital, a Kidney Dialysis centre has sprung up; buildings have been renovated, ambulances and equip-

ment have been provided, among other interventions.

The Umueri General Hospital which was ravaged by the Aguleri/Umueri war of 1999 has been re-built much in the same way in which the General Hospitals at Umunze, Umuchu, Ekwulobia and several other places have been revitalized. In Ayamelum local Government Area, a brand new General Hospital is nearing completion. The same is true of Anambra West Local Government Area.

Governor Obi’s partnership with the Churches has brought about the revitalization of hospitals owned

by Christian Missions. Thus, St. Charles Borromeo hospital, Onitsha, Holy Rosary Hospital And Maternity (popularly referred to as Water Side) also in Onitsha; Iyienu Mission Hospital, Ogidi; Our Lady of Lourdes Hospital/Schools of Nursing, Midwifery and Medical Laboratory Sciences, in Ihiala; St. Joseph’s Hospital, Adazi; the Missionary Hospital at Amichi, just to mention some, have been expanded, renovated and supplied with requisite equipment to enable them keep pace with contemporary medical standards anywhere in the civilized world.

Another area where Obi’s partnership with the Churches has yielded dividend, is Education. Here the governor who is the first governor to return from impeachment; who has brought about staggered elections in the Nigerian polity; the one who is the first person to sack an illegal sitting governor and the first Anambra governor to have had two tenures of office, scored ‘yet another ‘first’ by being the lone person who was courageous enough to return schools hijacked by previous Governments to their original Mission-owners. . Mike Udah, Chief Press Secretary to Governor Peter Obi, wrote from Awka

FAMILY AFFAIRS Page 22, FRIDAY, MaRCH 14, 2014

NEW TELEGRAPH

www.newtelegraphonline.com/familyaffairs

PRINCESS ODUNAYOMI OKE

WOMAN EDITOR odunayomitide2010@gmail.com 0909 124 6811 (sms only)

Attention!

T

here is a page coming up next week, which is dedicated to Parenting from the fathers’ angle; it is called THE SUPER DAD’s page.

This will be showcasing a dad per week, and all the dads will be brought together at the end of every quarter; where the dad whose child’s story is ranked as best (most inspiring) will be honoured with the NEW TELEGRAPH, SUPER DAD’s prize for the quarter.

Do you think your dad is qualified for this honour? Then send in your story of 1,200 words minimum, attached with at least two clean, sharp and clear photograph of your dad. You could include one with you, or with the entire family.

Requirement for entry

Housewife or housegirl?

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When he sits in the living room, not listening to the news or watching football, and fiddles with his phone, then I know there is something to trash out. So I stole into the room, knelt behind his seat, and said ‘so daddy, what is it, can we get it out now or later? He smiled and said, ‘so mummy, when did you start calling me that?’

We both laughed, and I was happy that had prepared the ground for our discussion, whatever it was. Then husby began by asking if I have made up my mind on the sex of the house-help I wanted. I was like house- help? So I told him out rightly that I have never given hiring one a thought, not to talk of the gender.

At that, I knew the meeting might not ‘end well’; as against my initial thought, but I was happy the children have gone to bed and the last visitor at the villa left few days ago. So if we eventually had to disagree on this issue, there would be no witness, since I have learnt from my parents that if you must argue as a couple, do not do it while the children or a third party is present. And never raise your voices even if you are alone.

‘You mean you prefer to continue to manage this whole place all alone?’ ‘But I am not alone in it, you are here, the gardener, the gate man, your driver, even the children have their part in this.’

My husband must have concluded that I would not have any choice than to play ball, so he did his best not to get offended at anything I said. He carefully explained to me how he wanted me to still look good and young for him at 60, how he felt guilty each time he saw me doing so much unas-

sisted, but pity; he didn’t succeed in convincing me. As I insisted what we needed at the villa was a house wife and not a house help.

As usual, we sorted things out, though husby said he would give me time to think it over; but would my answer ever change on that? Well, maybe in many years to come.

As I was busy with my chores the next day, I began to ruminate on our discussion of the night before. I mean, how on earth would a woman entrust her home into the hands of some total stranger; called a maid or house girl/help.

At least, I have been in this union for over a decade now, and not for once have I hired a maid. Not because I could not afford one, but I have never felt the need for it. I mean, not with all the pain one go through in getting one, only to get bogged down again with complicated issues after bringing them into your home.

If I consider the size of our villa, and the number of guests (family and friends) we receive in a month, then I should have been the first to suggest the need for a maid, cook, steward, caregiver and even a nanny. But I have come to terms with my primary assignment as a wife and a mother, which I find both interesting and fulfilling.

One must have gone through what I

It’s never possible to please them, as they feel they should enjoy equal rights with your children

went through as a child, in the hands of socalled house-girls, to appreciate my stand.

Some of them could be mean and heartless as to ensure your children pay for any ‘wrong’ they felt you have done them.

Another is, it’s never possible to please them, as they feel they should enjoy equal rights with your children. When you fall short of this expectation, they not only talk ill of you to people around, they began to show signs of insubordination; either directly or indirectly.

So you see why I will never fall for my husband’s proposal. It is either he allows me resign my job, and resumes here as a full time house-wife or we forget the idea completely.

Come to think of it, who does not like to sleep or stretch out in the living room, while a maid does virtually everything in the house? But wisdom has made some of us understand better, for no matter how good it looks, it is like sleeping with fire on your roof.

Though I told husby I was not against a paid help coming over on weekends to assist, or any time the villa is crowded with guests. But live-in house help? No way! I will not be so busy, to be termed as careless in the long run.

So I have maintained my stand that I will rather stay at home as a house wife/ keeper, than bring in a live-in house keeper. While dear husby insisted it is only a lazy woman who sits at home doing nothing, but labour.

TILL NEXT WEEK AGAIN, LET EVERY DECISION TAKEN IN YOUR HOME BE/REMAIN LOVE MOTIVATED.

• You must be between age 15 and 25.

• A student, Youth corper or working class young adult.

Rules • Make your father’s profile your starting point.

• List some of the special things he did, or still does to assist your Mom in Parenting.

• His influence on you as a child, and now as a young adult.

• Bring out some key points from your story, which will stand as factors to ensure your dad qualifies as the SUPER DAD for that quarter.

NOTE • Selection of story for each week will not just be on first come, first served basis, but on other points like; good write-up, quality of pictures, and strict adherence to the rules and regulations.

• There will be a final selection at the end of the year, where the quarterly winners will be brought together, and one will emerge as the NT SUPER DAD of the year.

• The overall prize to be won is fantastic, and there will be a well-covered award ceremony.

If your dad is caring and loving, always there for the family, then he deserves to be celebrated. So hurry, start sending your stories now!

NOTE: READERS ARE ENCOURAGED TO START SENDING IN CONTRIBUTIONS. ALSO, DON’T HESITATE TO SEND YOUR QUESTIONS TO THE COUNSELLOR.

LIFE

23

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ABIODUN BELLO FEATURES Editor

abiodun. bello@newtelegraphonline.com

0802 393 8212

FRIday, MARCH 14, 2014

Wuro-Yolde: Adamawa community where education doesn’t count

Despite billions of naira sunk into education in Adamawa State, pupils in rural school, particularly in Wuro-Yolde receive lessons under the tree, seat on stones and use their laps as desks, writes IBRAHIM ABDUL

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s our car meandered its way through the muddy terrain into the communities, the curious children were seen gathered in their large numbers, probably wondering why the “strangers” have come to disturb their peace.

As soon as the car screeched to a halt, the neighbourhood brimmed with men and children, with a few women, to “welcome the strangers.”

Some peeped through fence made of thatch to catch a glimpse of what was happening around them.

Just a stone throw from the place there were some pupils in a class.

But instead of chairs, they have stones for seats. They have their laps as desks. However, they have nothing to write on the “desks” because they have no exercise books or pencils.

The tree branches over them, luckily shielded them from the scorching sun and they are equally “lucky” the rains are yet to start.

Their ages range from four to 11 years and are primary one to five pupils in Wuro-Yolde Primary School.

The “school” is located in Daware District of Fufore Local Government Area of Adamawa State.

The school, with less than 106 pupils, was said to have been established in 1976.

Ironically, however, the 38-yearold school is yet to graduate any

Pupils of the school during the visit

set of pupils.

But the fault is not with the school. Parents, it was learnt, simply withdraw their children at will.

The teachers stand before the class with sticks as their only teaching aid with a mini-blackboard.

While the male child has a choice to attend school, his female counterpart is strictly discouraged from pursuing even the basic elementary western education

They do not, therefore, dream of having a chalk or a duster.

The pupils are taught to say the English alphabets after the teacher.

With energy and eagerness to learn, the pupils repeat the alphabets.

Some of the parents, who out of sheer zeal to see their children get education, always leave them behind at school while they are busy clearing their farms at the other side of the village dominated by Hausa-Fulani peasant farmers.

The village school is nothing more than a few benches under a tree; the few textbooks available are used by the teachers (who refused to disclose their names) to

prepare lessons.

“Yes we are been taught Arithmetic and English by our teacher who comes on bicycle from the neighbouring village,” said a Primary Two pupil, who gave his name as Garba Musa.

According to one of the three teachers in the school during the visit, since its existence 38 years ago, the school is yet to have any set of graduates.

This he attributed to “parents nonchalant attitude”.

About two-thirds of adults in the area are illiterates while about one per cent of girls finish primary five.

“The people, it seems, are not fully C O N T I N U E D O N PA G E 2 4

24 LIFE

Sanctity of Truth

Friday, March 14, 2014

38-year-old school without a ‘graduate’ C O N T I N U E D F R O M PA G E 2 3

enlightened about the importance of acquiring western education and that is why they do withdraw their children and wards as soon as they reach primary four or five,” the teacher said.

According to him, many of the withdrawn children become Almajiris while girls are usually given out for marriage.

He also disclosed that the only female pupil in primary six was demoted to primary five to meet other girls.

While the male child has a choice to attend school, his female counterpart is strictly discouraged from pursuing even the basic elementary western education.

Her ambitions are tied to the ‘apron strings’ of culture and religion.

This probably explains the backwardness of many of the communities in the state because man’s immense progress, which is evident in many landmarks, is attributable to education.

It is incontrovertible to suggest that because these communities have shunned education, development appears to have deserted them.

It was also learnt that in the history of the village, hardly had any female pupil gone beyond primary five before being withdrawn for marriage.

The village head could not be reached for comments on the fate of the school and the community as he was said to have travelled to Fufore, the administrative headquarters of the area.

But a resident in the community, who simply identified himself as Magaji, said while parents were not helping matters, the concerned authorities should also share the blame.

He said: “There is a need for the huge funds of the Universal Basic Education (UBE) to be properly used in raising the standard of education especially in the area of human development.

“People need to be enlightened and educated on the importance of education. I think both community and religious leaders need to be involved.”

The situation in Wuro-Yolde seems to have made a mockery of the educational achievements said to have been recorded by the current leadership in the state.

This is given the fact that the administration of Governor Murtala Nyako, worried by the level of commitment to education, had sunk billions of naira to resuscitate the ailing sector.

But the various rural communities visited in some local govern-

ment areas in the state are united by a common denominator – poverty – with barely passable roads, mud and rustic grass huts which pass for houses, the level of ignorance that has reduced the people to perpetual hewers of wood and drawers of water.

Another eyesore is the Tabongo Primary School.

While primary schools in urban areas are enjoying modern structures, in Tabongo Primary School, like that of Wuro-Yolde, the lessons go side by side with farm work.

But officials of the state Adamawa State Universal Education Board (ADSUBEB) argued that certain criteria were being looked into before schools could be rehabilitated.

The ADSUBEB Director of Social Mobilisation, Mallam Bashir Tukur, told New Telegraph that the board was aware of the situation in rural schools.

He said: “It is a gradual process and it involves billions of naira to put all the over 1,500 primary schools in the state in proper shape.

“When you say that pupils study under the trees in some communities, it sounds odd. The only thing I know is that there could be some lapses here and there but the truth about the whole thing is that we have done our best in revamping the education sector.

“We try to make impact in virtually all the communities in the 20 local government areas of the state.”

Tukur added that the state government had dreamt of a viable education sector by giving education a priority.

“With the initiative of Governor Murtala Nyako, government declared a state of emergency to salvage the sector that had collapsed years ago. The education sector in the state is now better,” he said.

The Executive Chairman of ADSUBEB, Dr Halilu Hamma, had earlier said that Nyako declared a state of emergency to salvage the sector.

He said: “Before we came in, the schools were in a sorry state.

“There was no furniture; pupils were sitting on stones or wood. We were worried and put measures in place.

“In order to provide quality education, one of the things we needed was data. We wanted to know the number of children we had in schools, how many schools we really have and the state of our existing facilities.

“The data showed that we needed N41 billion to put the minimum requirement for effective schools which, according to the data, are 1,652 primary schools.”

However, a Yola-based social commentator, Mallam Usman Garba Santuraki, called for concerted efforts to

The school black board nailed to a tree

ADSUBEB headquarters

Yola district head addressing pupils of a ‘priviledged’ school

revamp education sector in the state.

He said: “For now, there is need for government and other stakeholders to step up efforts to stimulate

the interest of both parents and the young girls into acquiring western education, as well as developing their communities.”

ENTERTAINMENT

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FRIDAY, MARCH 14, 2014

Deadwood is proudly Nigeria A governor who was supposed to pay pensioners, said pensioners are deadwood

Dr. Gilbert Chigbo and Stanlee. Inset: Enumah with the award.

It was an interesting encounter with the four major personnel that made the documentary Deadwood a success. The movie was also nominated for the Best Short Movie at the Africa Magic Viewers Choice Award (AMVCA. Deadwood was produced by The Scarlet Trail Productions and Derwin Productions at Mighty Tot Studio, Lagos. As the only Nigerian nominee in the documentary category, it went on to make the country proud by carting home the award. The foursome are Enuma Chigbo, Grace Oboba, Edwin-Okon, Stanlee Ohikhuare and Dr. Gilbert Chigbo. In an interactive session, at the Ikeja, Lagos studio, where the awards winning documentary was produced, they took the media through the making of the biopic. STANLEE, CEO, Mighty Tot Studio, Lagos: How was it like shooting with elderly people who were never actors?

Getting the job done was pretty easy, as defined by the scripts done by the two ladies here (Enuma and Grace). After the script, we were lucky to have some fantastic people in Calabar. They made our job very easy. We had to move the crew from Lagos. Even the actors and additional crew were just waiting for us to work with. And in three days, we were done with the shoot. It was an opportunity for

Enumah and Grace

me to work with elderly people. It was my first experience.

What was the experience like?

It was fun. Like daddy (Dr. Chigbo).

When we got there, we told him what we wanted him to do, the blocking and we told him what to do. He looked at the camera and all that; very intelligent man.

He wasn’t used to the front of the camera thing and all that, but somehow, in just a night, he caught up. And shooting was just a walk in the park.

And the mother of the Cross River State First Lady who was one of the actors was just exceptional. In fact, someone even asked if there was a young person we made up to look old, because the way she delivered her line people could not believe that at that age she could deliver like that.

ENUMA-CEO, Scarlet Trail Productions From the newsroom to the klieg light, how was the transmuting like?

Very interesting! I am used to speaking with people and not being spoken to.

So, it is a bit awkward. Normally I am the one putting microphone on people’s mouth and not behind the camera. This is different. And I think I am just going to enjoy it.

What does this award mean to you?

For me, it is mind-blowing. And when I think about how it all started, it is just amazing to see it work. It was a major issue come to life. Deadwood was based on a newspaper article. So, to see the different graduation: from a newspaper article to a junior script, so to speak by me, to a screen play by an expert, then to awards in Africa. It is amazing and it means a lot.

Deadwood is proudly Nigerian. We were the only Nigerian entry in that category, and we won.

After AMVCA what else? Are we expecting another documentary, movie or what?

AMVCA is continental. Having achieved this, the next stage is international. That is the way to go. As for the next from the studio, you have to wait because surely we are coming up with something that will also make your day. But that has to wait and be told in due course.

Trust me, we will have this conversation sometime soon.

The Deadwood has come to life, so we are going to be celebrating living woods.

The title may not be that, but we are working on a few other projects, which we hope will even do better than Deadwood. The whole idea is to get better with each product.

What did it cost you to get this through?

At a point we didn’t have a budget. We had to scrap and scratch to get it done GRACE OBOBA EDWIN-OKON, Producer, Derwing Production How were you able to take it from an article that was published in 2010 to awards-winning script?

I read the article, and I also read the back-up story, which is more of a different story altogether from the pensioners’ stories that are kind of belated. That is talking about two elderly women from a village and all that. Then I felt that these elderly people need someone to talk on their behalf. So that got me working as Miss Enuma gave me the article.

For her, she probably thought I will just read it and drop it somewhere, but by the time she came back, she had a screen play ready. We started talking and I was like who will play the narrator and all that. And I asked ‘why can’t the originator (her father) of the article play the role? Initially, she didn’t think that could happen.

Interestingly, that was his birthday weekend that I was actually supposed to be back to Lagos, but we headed to Enugu, and the rest like they say is history. He took on the role, same as Mrs Eziashi. I came from Lagos with my crew. It was my first time working in Calabar, but it was a wonderful time. It was great. The people are warm, wonderful and easy to work with. They are talented people I must tell you.

What were the challenges apart from the good side you have mentioned?

First of all, bringing equipment from Lagos down to Calabar, working in a terrain that you are not familiar with; especially the way things are done there. Interestingly, one thing that made it a bit easier for us was the fact that you don’t have to contend with vehicle traffic. Another main challenge we had was being able to make the elderly people understand what we are trying to do. Because this was not something they had done before. So, they are not used to it. We had to take time to explain and get them used to their lines and act and get the job done.

Enuma has let the cat out of the bag, are you in it to; what are we expecting from you, now that you have formed a tag team?

The Deadwood still has a journey on CONTINUED ON PAGE 26

26 ENTERTAINMENT

Friday, March 14, 2014

Orezi shoots new video munications company.

“It promises to be a great year, with lots of promises,” was the reply Sprisal Records gave through its Media Company, Media Image Managers, MIM, as talks between Orezi and the telecommunications company have

Orezi

A

ll is working out fine for the ‘GHEN’ ‘GHEN’ music star Orezi. The Rihanna crooner has started this year on a sound note. This is coming as the young man has just returned from South Africa after over a month-long shooting of another big budget music video of his latest song U Garrit. He was accompanied on the trip by the producer of the song, Del B, who incidentally produced Kcee’s hit Limpopo among many others.

Feelers from his Sprisal Records management reveal that Orezi may soon become an Ambassador of a mobile telecom-

reached an advanced stage.

Interestingly, the stage appears set for the young artiste to release his full album this year.

This was confirmed by Orezi said on his arrival from South Africa last week.

His words: “Yes, we are working hard to do just that. It’s almost ready and hopefully, very soon, my fans in Nigeria in particular and Africa in general; as well as Europe will get to taste Orezi’s full album. I don’t need to remind you that it will be very explosive,” He spoke on his ‘Second Missionary Journey to South Af-

CO N T I N U E D F R O M PA G E 2 5

the international sphere, even within Nigeria. It won an award at the Cross River State merit award and it was also nominated on the Nolly platform. We hope to show it on both terrestrial and cable networks for people to really see it. It is online, but not everybody has access to Internet.

We hope to get it there on NTA and other television stations. We initially wanted it to go to cinema, but not anymore.

When is the next movie?

There are lots of projects at hand. But, what I can tell you is that the next movie is also based on a published article, which was written by Miss Enuma. Interestingly, it is not going to be another documentary.

DR. CHIGBO, 79 and a pensioner whose article, Deadwood was screen

rica’, “Again, it was a very fulfilling experience, everything worked out well and at the end, we have a beautiful video that my fans will be proud off just like Rihanna’s.”

He agrees that there was not much intrigue surrounding the U Garrit video unlike Rihanna’s, where a worldwide search for a Rihanna look alike was initiated online before one was finally found in Mauritius.

“Well, if you say so, the circumstances surrounding the shooting of Rihanna video gave birth to what you described as the intrigue and drama. You know we actually wanted Rihanna for the video and did everything possible to get her, but she was really booked so we had to revert to the contingency plan. Just like this recent shoot, we had a wonderful time in South Africa; it was a rewarding experience and most educative for me as a growing artiste.”.

He said the latest video is an improvement on Rihanna’s, and. “My style is to always try to beat myself in everything that I do, so always expect an improvement.”

Meanwhile, Rihanna remix is scheduled to be released very soon but this time in a collaboration with a big foreign star. He reacts to the story of how female fans mugged him in Kumasi, Ghana in December during a show. The girls just went wild and invaded the stage just to be close to their idol. “So many things happen during shows and fans both male and female are unpredictable, but then Kumasi was a good outing. I can’t wait to be back there, they loved Orezi.”

Emma Nyra on Triple MG, rumoured affairs with Iyanya The first lady of Triple MG, Emma Nyra has come out to set records straight concerning her relationship with the labels main act, Iyanya. She also debunked rumours of her exit from the upscale record label that has brought her to limelight.

Following speculation late last year that the singing sensation has parted ways with record label Triple MG, Nyra has come out to fault fault the claim saying she is still with the team. Speaking with a local television last week, on Trending, she explained why she renewed her contract with Triple MG owned by Ubi Franklin and Iyanya.

Her words ‘’ it wasn’t as if I hadn’t renewed the contract yet, I was just reviewing things, taking it slowly because I wanted to make sure I was making the right decision. Those boys, I have been with them since before ‘Kukere’ or ‘Ur Waist’ or anything.

These are the people I starte d with, and I h ave been com-

Deadwood is proudly Nigeria played for the documentary: What does this award mean to you?

It was totally unexpected. I never thought it will get to the point of it being nominated and winning the price. I am very pleased about it. I am happy about it.

What motivated you into writing the article, sir?

The first thing we must get clear here is that the problems with pension and pensioners are not fresh problems. My father worked and retired from the Railways, I think in 1946. But for two years, this poor old man who had nine children did not have a penny of his gratuity or pension.

He was meant to raise those nine children without getting his hard earned pension.

Then there is something disturbing that came out of pension issues.You might wonder how the title came about.

A governor who was supposed to pay pensioners, said pensioners were deadwoods and therefore, that he didn’t have money for deadwoods. And that they should go and die.

What is your advice to government on pension and pensioners?

Before independence and immediately after independence, pension money was the first to be released by the government before any other expenditure. Now pensions are not even paid at all. It got to a point when pension fund was used as a gift to friends of those in government. It

fortable with them. I want to represent them well and make them proud of me.

There’s no disagreement between us.”

The Delta State-born singer also cleared the air on any romantic relationship with Iyanya or Ubi Franklin, stating if she ever let herself slip, it would mean big trouble.

TRIPLE MG’s Emma Nyra recently released a new single ‘’Elele’ featuring O.B.O singer Davido. The song was produced by Selebobo.

got even worst as pensioners were made to queue for identification and verification that they are alive for them to be paid. It should not be so.

There must be a system that should check all that instead of subjecting your senior citizens to such inhuman treatment after they have given their best to their fatherland. Most often, these pensioners die after such rigours. Every other part of the world takes good care of their senior citizens.

They should take a cue from Britain which still regularly pays Nigerians who worked there and reside in Enugu their pesnsion in Enugu. Their monies are paid to them. They do not travel to England and be subjected to this kind of treatment before being paid!

ENTERTAINMENT

Friday, March 14, 2014

27

LYRICS for the week Tiwa Savage Ft Don Jazzy

EMINADO

Tope Alabi

Entries for 2014 M.E.G.A. commence

A

ll is now set for this year’s edition of Music and Entertainment Gospel Awards, MEGA. Already organisers are calling for entries that can now be submitted for the 2014 edition of the MEGA at the Awards secretariat.

The event scheduled for November, 2014, promises to be bigger, more exciting and more inspiring.

A release signed by Tope Akinyele, Special Adviser (Media), MEGA Central Working Committee, and made available to New Telegraph reveals that all such entries will be received from this Monday, March 17, the kick-off date.

“For interested Nigerian artistes to send in their works for the second edition of Nigeria’s premier gospel music award ceremony,” he said.

Akinyele stated that the focus of MEGA screeners and judges will be strictly on original works released and/ or published between May 1, 2013 and April 30, 2014 (current eligibility period).

The statement reads in part: “We therefore encourage Nigerian record and film production companies, labels and copyright owners to promptly submit their recordings, music videos and movies that fall within the eligibility

period stated above.”

He said: “ The procedures are simple: send a request for a free “Entry form” to (megawards2013@gmail.com); you shall receive entry package including data form, full list of award categories and general criteria for relevant categories and genres to aid you. Return the filled form and attach your works in mp3 (for audio) and YouTube (for video) (full length video shall be by physical submission). Better still, you can go straight to the award website (megawards.org) to enter your works and complete the registration.”

In all cases, you may wish to submit in person. “Physical submission shall be received at the MEGA (Awards Secretariat), 28, Ijaiye Road, Ogba, Ikeja, Lagos. Entrants shall submit three (3) CD’s for each artist entered in any of the music categories and two (2) DVD’s for each artist in the Music Video Category, along with the Entry form, in order to complete the process,” it further stated.

Entry submission to all categories shall close by midnight of May 30, 2014.

Full list of Award categories, criteria, descriptions and definitions, among other details, can also be seen on www.

megawards.org and/or www.facebook. com/MEGAwards.

It will be recalled that the maiden Music and Entertainment Gospel Awards, MEGA was held on Friday, November 9, 2013 at the high-brow The Haven, GRA, Ikeja, Lagos. It was successfully headlined by ace comedian, Ali Baba, alongside many top rate stars like Bimbo Manuel, Iretiola Doyle, Yemi Solade, Yetunde Fosudo, Yemi Sodimu and Feyikemi Niyi-Olayinka. Artistes who lit up the MEGA stage included Sammie Okposo, Sola Allyson, Taiwo Oladoye, Ha.dassah, Ify Chukwu, Efe Nathan, Ayiki The Trados, MC Abbey, Koffi, Akpororo, etc.

Sammy Okposo

Rape Saga: Obesere tells own side of the story

T

he messy rape case involving celebrated Fuji musician Abass Akande Obesere and Miss Olayinka Olaiya has taken a turn for the worse. At a recent television program aired in Lagos, the fuji artiste explained that the lady cooked up the sad allegations to extort N10 million from him. But the lady who resides in Ibadan Oyo State insists that it was a rape and ritual attempt.

While Obesere contends that he did not rape her, he admitted that they had sex in his matrimonial home.

Below is what happened as stated

by Obesere: “She visited me at home at night and it was too late for her to return to her place? I won’t lie about the fact that we had intimate encounter.

But I did not rape her. And it was about four or five days after she visited me

that she went to the police to allege that I raped her.”

He further said: “I went to the police station but when I realized that the officers there were favouring her as a complainant, I requested them to transfer the case to the State Criminal Investigation Department, SCID, Panti, Yaba. There, they asked her for evidence that she was raped. There was no injury on her. Her clothes were intact.

When she couldn't produce evidence, the police advised her not to attempt to blackmail me. They advised her to gently approach me and ask for help if she wanted anything.

“When she first called me to say she was feeling sick, I called the woman who introduced her to me to take her to hospital. But Alhaja said nothing

was wrong with her, that she was only trying to extort me...

"Alhaja said she planned to blackmail me into parting with between five and ten million Naira. I can tell you my enemies are behind the allegation.

They are trying to bring me down. But they won’t succeed because I’m a child of God, a messenger of God. Once God remains behind me, nobody can bring me down.”

To further underscore his sincerity, the musician said, “I’m a responsible man, a reliable man. But I’m human and therefore fallible. But I’m not losing sleep about this allegation. I’m undeterred and I’m going about my business because I have no doubt that the truth will prevail,” the popular Fuji musician explained.

Eminado (2) Hmm hmm…yeah Eminado (2) Tiwa savage Eminado (2)! Don jazzy! Eminado (2) Verse 1 – Don jazzy So I ask her What do you want from the bank I just dey come from the bank And I get money to throw ‘way So everybody oya oh eh Rocking her body (2) Rocking her body for me Keep rocking her body Rocking her body for me Chorus. Here I go…oh here I go Its time to show me your love Open the...open the door I’ll leave you...begging for more Oh oh oh…oh my baby Carry me….like your baby I don’t know What you did to me! But I will never, I’ll be your Eminado (2)! Your one and only! Eminado (2) I’ll be your African barbie! Eminado (2) You be my six pack bobo! Eminado (2) Verse 2 – Tiwa savage! One without the other One without the other is nothing baby What God join together Let no man come put asunder baby We will be together Ma and you together forever baby For now nothing matter Make you just relax and watch me while am Rocking my body – 2ce Rocking my body for you Rocking my body Rocking my body for you Chorus Here I go…oh here I go Its time to show me your love Open the….open the door I’ll leave you….begging for more Oh oh oh…oh my baby Carry me….like your baby I don’t know What you did to me! But I will never, I’ll be your Eminado (2)! Your one and only! Eminado (2) I’ll be your African barbie! Eminado (2) You be my six pack bobo! Eminado (2) Verse 3 – Tiwa savage! Oh I feel brand new Every time I think about you We can do anything you wan do Oh boy I want you to know that I got your back Oh I feel brand new Every time I think about you We can do anything you wan do Make we enjoy the moment Watch me while am. Am rocking my body Rocking my body. Rocking my body for you Rocking my body. Rocking my body for you Chorus Here I go…oh here I go Its time to show me your love Open the….open the door I’ll leave you….begging for more Oh oh oh…oh my baby Carry me….like your baby I don’t know! What you did to me But I will never, I’ll be your! Eminado (2) Your one and only! Eminado (2) I’ll be your African barbie! Eminado (2) You be my six pack bobo! Eminado (2) Oh here I go Its time to show me your love Open the….open the door I’ll leave you….begging for more Oh oh oh…oh my baby Carry me….like your baby I don’t know! What you did to me But I will never leave, I’ll be your! Eminado (2) Your one and only! Eminado (2) I’ll be your African barbie! Eminado (2) You be my six pack bobo! Eminado (2) I can never leave, I’ll be your! Eminado (2) Your one and only! Eminado (2) I’ll be your African barbie! Eminado (2) You be my six pack bobo! Eminado (2)

28 ENTERTAINMENT TELEMOVIES

Friday, March 14, 2014

List of winners at Africa Magic Viewers Choice Awards 2014 Best Movie in 2013 Obi Emelonye – Last Flight to Abuja Udoka Oyeka & Orode Ryan – Living Funeral Shirley Frimpong-Manso, Yvonne Okoro & Ken Attoh – Contract (WINNER) Michelle Bello – Flower Girl James Omokwe – Awakening Best Drama Movie Obi Emelonye – Last Flight to Abuja Edwin Maina Kariuki – Nairobi Half Life Udoka Oyeka & Orode Ryan – Living Funeral Frank Rajah Arase – The Groom’s Bride (WINNER) Jumafor Ajogwu & Chris Eneaji – Murder at Prime Suites Best Comedy Movie Uche Jombo – Lies Men Tell Shirley Frimpong-Manso, Yvonne Okoro & Ken Attoh – Contract Elvis Chucks – A Wish (WINNER) Martins Onyebuchi Onyemaobi – The Fighter Martins Onyebuchi Onyemaobi – The Hero Best Movie Director Obi Emelonye – Last Flight to Abuja Tosh Gitonga – Nairobi Half Life

Nse, Funke Akindele, Desmond Elliot, Rita Dominic others shine at AMVCA l…Ghana, Kenya make bold statements

R

ita Dominic, Funke Akindele and Nse Ikpe-Etim were just some of the winners from the 2014 African Movie Viewers’ Choice Award, AMVCA, which held last Saturday at the Eko Hotel & Suites, Victoria Island, Lagos. This is coming as East Africans and Ghanaians won most of the awards.

Though Nigerian actors continued with their dominance of the continent, Ghana and Kenya made bold statements as they carted away most of the movie awards. In an evening spiced with performance from the likes of Flavour, Davido, Waje and Cobhams, the AMVCAs was all about celebrating dreamsOsas as the awards show resonated the message that 'dreams do indeed come true.'

It was an interesting night as Kenya had a good outing with ‘Nairobi Half Life’ winning some of the early categories.

However, when Shirley FrimpongManso and Herty Nwusu from Ghana came up on stage to receive the award for ‘Best Writer’, it seemed like there was a little friction between both ladies on the podium over who should pick the plaque and make a speech.

It was subtle but noticeable. Bez had a good show performing on stage with

a live band. Flavour moved in with Ada, held his own and took the crowd to another level with other hit songs like Kirikata and Asewo. A few ad libs made up for the technical sidestep.

Even at that, Flavour proved that he is a good cultural ambassador of the neo-Nigerian Highlife Music. The sound output was bad during Davido’s performance with his hit song Skelewu backed by a live band. His next track, despite the technical shortcomings, got most people in the crowd dancing.

The biggest blooper of the night happened when John Okafor and Monalisa Chinda were up to present the award for ‘Best Actress in a Yoruba movie’ as announced by Okafor. Somehow, what flashed onscreen were the names of the nominees in the Hausa category, which got the audience mumbling in confusion.

The Presenters announced the winner as Mercy Aigbe perhaps without noticing the mistake or not knowing what to do after a typical Naija live ‘awkward moment’. John Okafor professionally switched to his ‘Mr Ibu’ alter-ego by

saying ‘Na Yoruba dem give us’ which cracked up a lot of people. – For those that watched the live transmission of the 2014 Africa Magic Viewers’ Choice Awards (AMVCA), you might not have found the event a total success.

But you can take solace in the fact that as guests walked past the Red Carpet section to the hall, you will notice glamour on display.

The AMVCA organizer should also get kudos for encouraging the best of the fashion and make-up industry.

The show opened with a nice performance by a dance troupe, supposedly the KAKADU musical ensemble. It speaks volumes of an ancillary support of sorts for the thespian arts by that gesture..

The Presenting Threesome of IK Osakioduwa, Vimbai and Osas Ighodaro were on top of their game. Though IK and Vimbai were quite at ease all through the night when they had their slots but Osas seemed to be trying to catch up.

In all there was an improvement on last year’s event when Nollywood actor, Yule Edochie, Producer, Michelle Bello, Abiola Alabi, MD, Multichoice, John Ugbe, actress, Rita the commercial breaks came up Dominic and Marketing Director NB, Walter Drenth at the AMVCA press conference which held yesterday, during the show.

Shirley Frimpong-Manso – Contract (WINNER) Udoka Oyeka – Living Funeral Frank Rajah Arase – Price Amil Shivji – Shoeshine Best Actress in a Drama Stephanie Wilson – Living Funeral Veronica Waceke – Higher Learning Nse Ikpe-Etim – Journey to Self (WINNER) Nkiru Sylvanus – Kiss And The Brides Ivie Okujaiye – The Volunteers Best Actor in a Drama Juma Rajab Rashid – Siri Ya Mtungi Majid Michel – Somewhere in Africa Hlomla Dandala – Contract Majid Michel – House of Gold Tope Tedela – A Mile From Home (WINNER) Best Supporting Actress Valerie Kimani – Higher Learning Jazymn Batchan – Still Standing Liz Ameye – Living Funeral Lance Handabile – Love Games Tamara Eteimo – Desperate House Girls Bikiya Graham-Douglas – Flower Girl (WINNER) Best Supporting Actor David Mulwa – Higher Learning Ian Mbugua – House of Lungula Desmond Elliot – Finding Mercy (WINNER) Bimbo Manuel – Torn Chris Attoh – Flower Girl Best Actress in a Comedy Funke Akndele – The Fighter Funke Akndele – The Hero Funke Akndele – Return of Sheri Koko (WINNER) Mary Ogbonna – Clinic Matters Jackie Appiah – Cheaters Yvonne Okoro – Contract Best Actor in a Comedy Hlomla Dandala – Contract John Okafor – Return of Sheri Koko Osita Iheme – The Hero (WINNER) Osita Iheme – The Fighter Chinedu Ikedieze – The Hero Best Television Series Comedy/Drama Grace Kahaki Munthali – Prem Episode 2 Fred Phiri – Love Games Episode 6 (WINNER) John Riber – Siri Ya Mtungi Paul Igwe – The Benjamins Benson Akindeju – Nowhere to be Found Best Short Film Vincent Moloi – Berea Amarachukwu Onoh – Mother Tongue Amil Shivji – Shoeshine Walter “Waltbanger” Taylaur – The Wages (WINNER) Enuma Chigbo – The Deadwood Best Documentary Category Dr Gilbert Chigbo (Narrator) – The Deadwood (WINNER) Sonia Maingi – Tumanka Goes to School Peter Murimi – Matatu: My Life, My Art Peter Murimi- Guardians of the Wild David Campbell – Shamba Shape Up Best Indigenous Language Movie/Series (Swahili) Edwin Maina Kariuki – Nairobi Half Life Jordan Riber – Siri Ya Mtungi Ann Hamberger – Nina Njoki Muhoho – Mama Duka (WINNER) Musa Venerable Mziba, Vagabond Best Indigenous Language Movie/Series (Yoruba) Afeez Eniola – Arinnakore Mercy Aigbe – Komfo (WINNER) Abdulrasaq Abdullahi – Edidi Olatunji Akeem Balogun – Aye Kooto Olatunji Akeem Balogun – Mufu Olosa Oloko Best Indigenous Language Movie/Series (Hausa) Yasin Auwal, Umar K, Mazugal – Wana Gari 1& 2 Hafizu Bello – Bakin Kishi Abba Muko Yakassai – H

Rowland

ENTERTAINMENT

Friday, March 14, 2014

Stars on parade at the Africa Magic Viewers Choice Awards (AMVCA)

W

e have carefully decided to leave our esteemed readers to decide what statements

were made by our big stars on parade. It is in this lukewarm category that some of our biggest fashionistas ended up--the likes of Rita Dominic, Kate Henshaw, Fade Ogunro, Jocelyn Dumas, Eku Edewor, Toke Makinwa and Agbani Darego. We found their style choices rather too lukewarm.

Monalisa Chinda in April

by Kunbi: There is something about this outfit that would just make you smile. This is one of my favorite red carpet appearances from Monalisa Chinda so far.

Ebuka Obi-Uchendu made the list because in the real sense he is the only one that truly deserved to be on it.

Lots of other people tried to pull off the white and black theme, but nobody did it like he did. Genevieve Nnaji in Jewel by Lisa: Big ups to her stylist Veronica Ebie-Odeka.

Genevieve has reached a point in her career were she dresses for herself not for any other person, herself. This is what you wear when you have achieved the type of A-list status she has. This is what you wear when you are The Genevieve Nnaji.

Ugonna Umeruo in House Of Nwocha: This is a great attempt at the Avante-Garde theme, it is one thing for the outfit to be tailored to perfection and it is another thing for the celebrity to wear it well.

Her eye make-up could use a little tweaking though.

29

COMING SOON IKEJA - SILVERBIRD

Paranormal Activity: The Marked Ones(Movie of The Week) Rating Viewing Time Friday 2:30PM, 9:05PM Viewing Time - Saturday 2:30PM, 9:05PM Viewing Time - Sunday 2:30PM, 9:05PM Galleria, VI Viewing Time - Friday 12:40PM, 6:20PM, 8:30PM Viewing Time - Saturday 12:40PM, 6:20PM, 8:30PM Viewing Time - Sunday 12:40PM, 6:20PM, 8:30PM Genre Action/Adventure Running Time 100 min SHAADI KE SIDE EFFECTS (Rating :PG) Featured Viewing Time - Friday 3:30PM 6:15PM Viewing Time - Saturday 3:30PM 6:15PM Viewing Time - Sunday 3:30PM 6:15PM Featured Actors Farhan Akhtar, Vidya Balan, Vir Das Genre Comedy and Sequel Running Time 145min

WINTER'S TALE (Rating:PG-15) Featured Viewing Time - Friday 11:35AM, 4:05PM, 6:35PM, 8:50PM Viewing Time - Saturday 11:35AM, 4:05PM, 6:35PM, 8:50PM Viewing Time - Sunday 11:35AM, 4:05PM, 6:35PM, 8:50PM Featured Actors Colin Farrell, Jessica Brown Findlay, Russell Crowe Genre Drama Running Time 118min Honeymoon Hotel (Rating: 18) Featured Viewing Time - Friday 4:50PM Viewing Time - Saturday 4:50PM Viewing Time - Sunday 4:50PM Genre Action/Adventure Running Time 70min The Lego Movie (Rating: PG)

Featured Viewing Time - Friday 11:00AM 12:50PM, 2:45PM Viewing Time - Saturday 11:00AM 12:50PM, 2:45PM Viewing Time - Sunday 11:00AM 12:50PM, 2:45PM Featured Actors Will Arnett, Elizabeth Banks, Craig Berry, Alison Brie Genre Comedy Running Time 100 min About Last Night (Rating:R) Feature Viewing Time - Friday 12:00PM, 2:00PM, 4:10PM, 6:20PM, 8:30PM Viewing Time - Saturday 12:00PM, 2:00PM, 4:10PM, 6:20PM, 8:30PM Viewing Time - Sunday 12:00PM, 2:00PM, 4:10PM, 6:20PM, 8:30PM Featured Actors Kevin Hart, Michael Ealy, Regina Hall Genre Romance Running Time 100 min The Monuments Men(Rating: PG) Featured Viewing Time - Friday 9:10PM Viewing Time - Saturday 9:10PM Viewing Time - Sunday 9:10PM Featured Actors George Clooney, Matt Damon, Bill Murray Genre Action/Adventure Running Time 118 min

Week) Rating Viewing Time - Friday 9:00PM Viewing Time - Saturday 9:00PM Viewing Time - Sunday 9:00PM Featured Actors Andrew Jacobs, Jorge Diaz, Gabrielle Walsh, Renee Victor Genre Action/Adventure Running Time 84min Mr. Peabody & Sherman ( MOVIE OF THE WEEK)PG Featured Viewing Time - Friday 12:10PM 2:10PM 4:10PM 6:10PM Viewing Time - Saturday 12:10PM 2:10PM 4:10PM 6:10PM Viewing Time - Sunday 12:10PM 2:10PM 4:10PM 6:10PM Featured Actors Ty Burrell, Max Charles, Stephen Colbert.

Genre Comedy Running Time 92mins

Apaye (Movie Of The Week) Rating: R Featured Viewing Time - Friday 2.30PM, 6.30PM, 8.30PM Viewing Time - Saturday 2.30PM, 6.30PM, 8.30PM Viewing Time - Sunday 2.30PM, 6.30PM, 8.30PM Genre Action/Adventure Running Time 100 min POMPEII (PG 13) Featured Viewing Time - Friday 4.40PM Viewing Time - Saturday 4.40PM Viewing Time - Sunday 4.40PM Running Time 105 min Brother's Keeper (Rating :18) Featured Viewing Time - Friday 2:40PM Viewing Time - Saturday 2:40PM Viewing Time - Sunday 2:40PM Genre Action/Adventure Running Time 120min Dallas Buyers Club (Movie Of The Week) Rating: R Featured Viewing Time - Friday 2.25PM, 6.35PM Viewing Time - Saturday 2.25PM, 6.35PM Viewing Time - Sunday 2.25PM, 6.35PM Featured Actors Matthew McConaughey, Jennifer Garner, Jared Leto, Denis O'Hare Genre Action/Adventure Running Time 117min Paranormal Activity: The Marked Ones(Movie of The

About Last Night (Rating:R) Viewing Time - Friday 12.20PM, 2.40PM, 4.50PM, 7.10PM, 9.25PM Viewing Time - Saturday 12.20PM, 2.40PM, 4.50PM, 7.10PM, 9.25PM Viewing Time - Sunday 12.20PM,

30 ENTERTAINMENT TELEMOVIES

Friday, March 14, 2014

CINEMAWATCH (Radio/TV/Events Guide)

COMING SOON

GOtv Highlights for the Week of March 15- March 22 2014

M-Net MOVIES ZONE (Channel 2) • NINJA Two clueless bachelors are put in charge of twins while on the verge of the biggest business deal of their lives.

Their inexperience leads to one debacle after another, and to a newfound understanding of what's really important in life. On Saturday 22 March at 6:30pm.

• THE LAWN BOY A young man from the hood, Michael makes extra cash mowing lawns in the suburbs. When he meets a young girl, Jennifer, his whole world changes as its love at first sight. Their attraction is mutual, but their backgrounds are completely different, something that both their families and friends are quick to point out. With the odds stacked against them, the lawn boy has to find a way to be with the girl of his dreams despite social pressure. On Sunday 23 March at 7:00pm.

BLACKBELT (Channel 12) • THE TIGRESS OF SHAOLIN Liu Chia-yung is saved from drug smugglers by Hui Ying-hung, whose godfather is a drunken master and whose leprous godmother is mistress of the fairly off-putting Leprosy Boxing style.

The classic story of good versus evil is sprinkled with many strange kung fu moves and humorous set pieces, making

for a lighthearted, action-packed viewing. Airing on March 14 at 7:00pm, March 15 at 12:00, and March 24 at 9:00am.

SONY ENTERTAINMENT (CHANNEL 20) – GOtv PLUS ONLY • MARTIN LAWRENCE LIVE: RUNTELDAT Following a string of personal crises and box-office failures, Martin Lawrence made a triumphant return to the standup comedy circuit in Washington, DC, which is documented in this hit film. In a stage performance that is liberally peppered with the f-word, Lawrence speaks candidly – and hilariously – about the stories behind some of his run-ins with the police, the media and the movie industry. On Friday 14 March at 7:00pm SONY MAX (Channel 21) • FATAL ATTRACTION Just like the hit film of the same title, this crime series delves into stories of passion that lead to mayhem and murder most foul – but the difference is that these instances are drawn from real life.

Lynne Whitfield (A Thin Line Between Love and Hate) narrates these re-enacted tales of love and lust that turned deadly, using interviews with the key players, families of the survivors and those who investigated the horrific crimes. Glenn Close’s infamous “bunny boiler” character has nothing on some of these nasty pieces of work! From Sun-

day 16 March at 8:00pm • RUN’S HOUSE Hip Hop's First Family comes to BET! Led by patriarch Rev Run, the Simmons family open their doors and their hearts to cameras, proving that a family that prays together stays together. For six seasons, follow the ups and downs of the Simmons family as Rev Run and his wife Justine parent in their own unique and effective way, navigating their family with grace and class in good times and bad. Watch as The Rev strikes a balance between being a father, a reverend and an icon, all in his attempt to keep rap's royal family securely grounded while living a uniquely privileged lifestyle. Every Monday, Tuesday, Thursday and Friday at 9:00pm.

• BOBBY JONES GOSPEL Credited with taking gospel music mainstream, the appointed “Ambassador of Gospel” Dr Bobby Jones, Jr. hosts the gospel program which features inspirational and uplifting interviews from gospel music's most celebrated artists, groups, choirs and ministers. With celebrity appearances and joyous performances from Pastor Shirley Caesar, The Rance Allen Group, Karen Clark Sheard, Richard Smallwood and Tamela Mann, this series will once again be sure to make the viewer's spirits soar. Get your praise on every Sunday from Dr Bobby Jones! It airs on Sundays at 5:00pm.

DISNEY JUNIOR (Channel 60) - GOtv Plus ONLY • JAKE AND THE NEVER LAND PIRATES: JAKE’S BIRTHDAY BASH Party hats at the ready, it's Jake’s birthday! Join him and the gang during the week of Monday 10 - 14 March and help him party in true Disney Junior style. With double episodes of Jake and the Never Land Pirates every weekday as well as Jake and the Never Land Pirate shorts, this will be one week-long celebration he won't forget. Then tune in on Saturday for a special themed episode devoted to the Birthday Boy! Tune in weekdays from Monday 10 to Friday 14 March at 08:20, repeated at 11:55am.

• NINA NEEDS TO GO UH-OH...Nina Needs to Go!!! Tune in to Disney Junior to see the adventures of Nina, a young girl desperate to use the bathroom! See the efforts to which her family go to ensure she makes it on time, no matter where they are, whether it be at water park or on the ski slopes. Brand new episodes of Nina Needs to Go can be seen on weekdays from Monday 10 to Friday 21 March at 9:25am.

MTV BASE (Channel 72) - GOtv Plus

2.40PM, 4.50PM, 7.10PM, 9.25PM Running Time 100 min WINTER'S TALE ( PG 13) Viewing Time - Friday 12.00PM, 2.20PM, 4.40PM, 7.00PM, 9.20PM Viewing Time - Saturday 12.00PM, 2.20PM, 4.40PM, 7.00PM, 9.20PM Viewing Time - Sunday 12.00PM, 2.20PM, 4.40PM, 7.00PM, 9.20PM Running Time 118 min HONEYMOON HOTEL ( R) Viewing Time - Friday 7.10PM, 8.40PM Viewing Time - Saturday 7.10PM, 8.40PM Viewing Time - Sunday 7.10PM, 8.40PM Genre Action/Adventure The Lego Movie( Rating:PG) Viewing Time - Friday 11.50AM, 1.50PM, 3.50PM, 5.50PM Viewing Time - Saturday 11.50AM, 1.50PM, 3.50PM, 5.50PM Viewing Time - Sunday 11.50AM, 1.50PM, 3.50PM, 5.50PM Running Time 100 min DEEP INSIDE (Rating:R ) Viewing Time - Friday 12.30PM, 4.30PM Viewing Time - Saturday 12.30PM, 4.30PM Viewing Time - Sunday 12.30PM, 4.30PM Running Time 108min The Monuments Men (Rating: PG) Featured Viewing Time - Friday 12.10PM Viewing Time - Saturday 12.10PM Viewing Time - Sunday 12.10PM Running Time 118 min RoboCop (PG13) Featured Viewing Time - Friday 11.40AM, 2.00PM, 4.20PM, 6.40PM, 9.00PM Viewing Time - Saturday 11.40AM, 2.00PM, 4.20PM, 6.40PM, 9.00PM Viewing Time - Sunday 11.40AM, 2.00PM, 4.20PM, 6.40PM, 9.00PM Running Time 118 min The Best Man Holiday(R) Viewing Time - Friday 1.00PM, 3.20PM, 5.40PM, 8.10PM Viewing Time - Saturday 1.00PM, 3.20PM, 5.40PM, 8.10PM Viewing Time - Sunday 1.00PM, 3.20PM, 5.40PM, 8.10PM Running Time 123min

The Hobbit: The Desolation of Smaug ( PG) Viewing Time - Friday 8.00PM Viewing Time - Saturday 8.00PM Viewing Time - Sunday 8.00PM Running Time 161 min

BUSINESS FRIDAY, march 14, 2014

What's news India’s palm oil imports fall 30%, Nigeria maintains 23% imports Palm oil imports by India, the world’s biggest buyer, have tumbled by 30 per cent since January. But Nigeria has maintained 23 per cent imports as global prices jumped to the highest level since 2012.

‘Women work 66%, earn 10% income’

T

Rice importers, millers clash with distributors ice importers and millers have put the blame for continuous smuggling of rice into the country at the door-step of rice distributors and they say they are out to stop the unscrupulous activities of these distributors.

}p-36

BUSINESS CREW AYODELE AMINU, Deputy Editor (Business) Simeon Ogoegbulem, Dep. Business Editor BAYO AKOMOLAFE, Asst. Editor (Maritime) SUNDAY OJEME, Asst. Editor (Insurance) SIAKA MOMOH, Asst. Editor (Industry) JONAH IBOMA, ICT Editor DAYO ADEYEMI, Property Editor ADEOLA YUSUF, Energy Editor

o stem the tide of growing employers who default in remitting pension deductions from workers’ remunerations to registered Pension Fund Administrators, the National Pension Commission (PenCom) has instituted legal action against 50 offenders.

The commission told New Telegraph that judgment had so far been entered in favour of the commission with respect to 16 employers.

It said that 30 other employers were also being prepared for prosecution.

“Any employer that fails to remit pension contributions into the employees Retirement Savings Account (RSA) within seven days after payment of the staff salary would be required to remit the pension contribution plus penalty at not less than two per cent of the total contributions that remains unpaid for each month the default continues as provided in Section 11 (7) of the PRA, 2004,” PenCom said.

In a statement obtained exclusively by this paper, the commission affirmed that it intensified its compliance and enforcement strategies to ensure compliance with the provisions of the Pension Reform Act (PRA) 2004.

“Consequently, to ensure successful implementation of the Framework for Compliance,

WOLE SHADARE, Aviation Editor DELE ALAO, Brands/Marketing Editor CHRIS UGWU, Capital Market Editor Abdulwahab Isa, Finance Editor Chuks Onuanyin, Energy Nnamdi Amadi, Reporter

ayodele aminu, Deputy Editor, business

ayodele.aminu@newtelegraphonline.com ayodeleaminu@yahoo.com

DOCKED Employees in court over failure to remit deducted pension.

Sunday Ojeme

}p-35

www.newtelegraphonline.com/business

PenCom takes legal action against 50 defaulters

}p-32

Women farmers do not have equal access to resources and this significantly limits their potential in enhancing productivity, said Melanne Verveer, Ambassador-at-Large for Global Women’s Issues, U.N. Food and Agriculture Organisation (FAO).

NEW TELEGRAPH

Annuity: Distrust, fear push employees to confrontation }p-37

L-R: Nigerian Ambassador to the United States, Adebowale Adefuye; United States Trade Representative, Florizelle Liser; and Nigerian Minister of Industry, Trade and Investment, Olusegun Aganga, at the 8th Trade and Investment Framework Agreement (TIFA) Meeting, in Washington, DC, United States .

the commission conducted public enlightenment campaigns, collaborated with regulatory/ professional bodies, issued compliance certificates, engaged recovery agents, carried out on-site inspections/investigations on employers of labour and applied sanctions on err-

ing employers,” the statement added.

On the recovery of over N13 billion unremitted deductions, the commission said it was sequel to the engagement of 173 accounting and legal firms as recovery agents for the exercise.

During the recovery exercise,

it was established that 15,427 employers failed to remit pension contributions to their employees’ Retirement Savings Accounts (RSAs) for various periods between January 2010 and December 2011. Subsequently, CONTINUED ON PAGE 32

Multichoice to build studios in Nigeria Jonah Iboma

A

frica’s leading pay-television group, Multichoice, has embarked on the construction of new studios in to develop local content in Nigeria.

Chief Executive Officer, Multichoice Africa, Nico Meyer, said work had already commenced

on the studios, which he said will be involve significant investment from the firm.

He explained while speaking with New Telegraph, that the firm considers Nigeria as a very important market, noting that this informed the decision to float studios in the country.

“This shows that Multichoice is firmly committed

towards Nigeria. We were committed 25 years ago and we are now and into the future. I think our track record says it all. Our commitment spans from investment in properties as well as our philosophy to employ local manpower,” he said.

Industry experts estimate CONTINUED ON PAGE 32

Rates Dashboard INFLATION RATE

LENDING RATE

Feburary 2014......................8.00% January 2014 .......................8.00% December 2013....................7.80%

InterBank Rate . . . . . . . . . 10.75% Prime Lending Rate. . . . . . 17.01% Maximum Lending Rate..24.90%

EXCHANGE RATE (Parellel As at Mar. 7) USD . . . . . . . . . . . . . . . . . . . . . . N172 Pounds . . . . . . . . . . . . . . . . . . N285 Euro . . . . . . . . . . . . . . . . . . . . . N235

EXCHANGE RATE (Official As at Mar. 7) USD . . . . . . . . . . . . . . . . . . . . N159.15 Pounds . . . . . . . . . . . . . . . . N266.10 Euro . . . . . . . . . . . . . . . . . . . N223.58

32

business | NEWS

Sanctity of Truth

Friday, March 14, 2014

India’s palm oil imports fall 30%, Nigeria maintains 23% short fall Over 80 per cent of the palm oil imported by Benin and Togo were destined for informal trade to Nigeria.

Bayo Akomolafe

P

alm oil imports by India, the world’s biggest buyer, have tumbled by 30 per cent since January.

But Nigeria has maintained 23 per cent imports as global prices jumped to the highest level since 2012.

According to a data from Foundation for Partnership Initiatives in the Niger Delta (PIND), Nigeria needs an annual requirement of about 1,722,000 metric tons out of which about 637,400 metric tons are imported annually.

Bulk crude palm oil importation into the country was banned in 2001. The ban was lifted in September, 2008, due to a short fall in local production and smuggling across the borders.

It was revealed that over 80 per cent of the palm oil imported by Benin and Togo were destined for informal trade to

Nigeria.

Last week, two vessels berthed at Apapa with 33,000 metric tons of crude palm oil.

At the Apapa Bulk Terminal Limited, MV Thorpomerol discharged 3,000 while ENL Consortium and Greenview Development Nigeria Limited jointly took delivery of 30,000 metric tons from MV Gizemdeniz Sultan.

However, in India, the Solvent Extractors’ Association of India said they were reducing importation because of the high price and the harvest of 7.23 million tons of rapeseed to

substitute palm oil importation.

India imports over 50 per cent of its cooking oil demand, shipping palm from Indonesia and Malaysia, the top producers.

“The pace of imports has reduced because of the rising prices,” Sandeep Bajoria, chief executive officer of Mumbaibased broker, Sunvin Group, said.

He disclosed that cooking oil stockpiles at ports and due to arrive in India probably totaled 1.35 million tons at the start of March from 1.52 million tons a month earlier.

Multichoice to build studios CONTINUED FROM PAGE 31

L-R: Marketing Manager, M-Net Africa, Gideon Khobane; Regional Director, Wangi Mba-Uzoukwu; AMVCA 2014 Trail Blazer Award winner, Michelle Bello and Representative of Media Department, Hyundai Motors, Timilehin Tairu; during the presentation of Hyundai SUV by Proud sponsors, Hyundai Motors to 2014 AMVCA winners held, at the MNet office, Victoria Island, Lagos.

NAICOM’s Board tackles insurers on penetration Sunday Ojeme

F

or the second time in one month, Nigeria’s insurance practitioners have been advised to widen their scope, play by the rules to deepen penetration for the good of the industry.

Making the declaration during his maiden meeting with the chief executive officers of insurance companies in Lagos on Tuesday, the Chairman, Governing Board of National Insurance Commission, Prince Chibudom Nwuche, said his focus for the sector was to successfully implement its strategic goals aimed at enhancing the fortunes of the industry.

He affirmed that his leadership would focus on deepening insurance penetration in the country, strengthen insurance

institution, enhance the commission’s regulatory capacity and oversight, effective management of stakeholders’ expectation and optimise revenue collection and effective management of resources.

Speaking on efforts to facilitate compliance with the laws on compulsory insurance, the former lawmaker said that the board was committed to ensuring successful implementation of financial inclusion initiatives such as the Micro insurance, Takaful insurance.

He also restated his earlier resolve that the governing board would continue to resolutely support NAICOM’s management to ensure effective supervision of the industry in order to protect poli-

cyholders and government’s strategic assets.

He affirmed that the sector had gained in the area of partnership with foreign investors even as more of them were making enquiries on how to be part of the Nigerian underwriting market.

He said: “While NAICOM continues to operate within the confines of all extant laws, all practitioners in the sector must operate within rules and international norms as a means of our deepening public trust and enhance contribution to the nation’s Gross Domestic Product. In this statutory responsibility, there shall be no one or group that shall be excluded from compliance with the rules and regulations.”

that the cost of setting up a very professional studio could be as high as aside N75million aside the physical building. This cost consists of acoustic equipment and relevant studio software.

Given Multichoice’s position as a market leader, the investment is expected to be in multiples of the afore-mentioned cost.

Meyer said that the belief that Nigerians are made to pay higher rates for its services than what obtains in other countries was not true, adding that the country actually pays less compared to other African nations.

He said: “When compared, in terms of our services that we provide in other African countries, Nigeria is one of the lowest in terms of what we charge.

But also bear in mind that we also provide services for different levels of income. So, we have structured our bouquets to actually satisfy the different levels of income. The GOTV service is by far the lowest as per cost and it goes up gradually into the different tiers of services we provide on DSTV, up to premium bouquet. Now when you compare that to the entire continent, Nigeria is actually one of the lowest.

Currently Multichoice’s activities involve the operation of digital satellite Pay-Television business, which is handled through DStv and its coverage spans almost all countries in the African continent

PenCom takes legal action against 50 defaulters CONTINUED FROM PAGE 31

the non-compliant employers were distributed among the RAs to recover the outstanding contributions.

As at the end of September 2013, RAs established outstanding pension contributions and interest penalties of N13.33 billion against 335 private sector employers.

Subsequently, an approval was granted by PenCom for the RAs to serve demand notices to the affected employers, which resulted in the recovery of N335.84 million and an interest penalty of N31.04 million as at end of September 2013.

Since the inception of the scheme in 2006, a number of private sector employers have refused to register their employees for the scheme, thereby denying them the opportunity to contribute towards their pensions. In other cases, some of the employers who registered their workers have been deducting the pension funds without remitting same to any PFA. On the efforts of the commission to enlighten members of the public on their rights about the scheme, the statement said that public awareness programs organised in conjunction with stakeholders and other various interest groups, such as Nigeria Employers Consultative Association (NECA), Nigeria Labour Congress (NLC), Trade Union Congress (TUC), amongst others were some of the channels used in informing the public especially workers about the scheme.

According to the statement, “The public awareness programmes are meant to educate workers about their rights under the PRA 2004.

The employers’ responsibilities under the PRA 2004 are also discussed at such programmes. Also, the Commission collaborates with other government agencies like the Bureau of Public Procurement (BPP) to secure compliance with the provisions of the PRA, 2004 by private sector employers. The BPP is assisting the Commission to ensure that all private sector organizations doing business with government complies with PRA, 2004.”

BUSINESS | AGRIC 33

Sanctity of Truth

Friday, March 14, 2014

Turning rural communities into viable entities

FG out to revive local wheat production Siaka Momoh

T

Visitors to the new Songhai Centre

INNOVATION Godfrey Nzamujo does it robustly with his Songhai Centre initiative, a pioneering farm and research centre in Porto Novo, Republic of Benin.

Siaka Momoh

G

eofrey Nzamujo argued that while the population growth in West and Central Africa has remained relatively high at about 3.6 per cent, the agricultural productivity per capita continues to be very weak at 2.5 per cent. This, he said, has resulted in the aggravation of poverty and rural decay, high urban growth and rural exodus. He argued that reforms have been floated in African countries to improve governance but that these exercises unfortunately were not accompanied with socioeconomic reforms and appropriate development strategies and programmes. For him, the Songhai Sustainable Growth Initiative is aimed at developing replicable processes on how to reverse the above tendencies and turning the Rural Communities into viable socio-economic entities.

Essential elements of the initiative • Local or native compe-

tences • Appropriate technologies (more leapfrogging than incremental) – that will lead to the development of products and services aimed at improving the lives of the rural population.

• In other words, develop appropriate markets for those at the base of the Socio-economic pyramid.

The project is based on the Songhai Integrated System of production.

He listed three principal economic sectors: Primary, secondary and tertiary and explained: • Primary sector: this is the agricultural sector that comprises three sub-sectors – animal production, crop/vegetable production and aquaculture. The agricultural production techniques in this project are based on the zero-waste concept - where the wastes from one sub-sector are recycled and become inputs in another sub-sector. In addition to the resources recycled and reused, most of the energy used on the project sites is locally produced - showing that sustainable

communities could become more of energy sources than energy sinks (consumers of energy).

• Secondary production sector: commodity or value chains are developed in each community. The situation was that local communities export their agricultural products to the cities and elsewhere and practically no values are added at the local level. It is the middle men and traders that really reap the benefits of agricultural production in the traditional economy. The prices of some of these agricultural products in the big cities or overseas are sometimes two or three times the farm gate prices.

In the Songhai Initiative, new technologies and processes are developed with the local/ native population (drawn from the high school and university graduates and indigenous competences) to add value to their agricultural products and increase their shelf lives.

The strategy here is to produce goods and services aimed at satisfying the needs of the rural populations and then exporting some of the value added prod-

The strategy here is to produce goods and services aimed at satisfying the needs of the rural populations and then exporting some of the value added products to cities and elsewhere

ucts to cities and elsewhere.

Jobs are therefore created and more income is generated at every stage of the value chain in the rural communities.

• Tertiary sector: both the primary and processed goods are marketed in the project environment. Different services like eco-tourism are fast developing in these localities. In the next phase of the project, these project sites will become centers of rural entrepreneurial zones. These centers will be linked with VSAT and Tele Centers to facilitate communication and transaction.

The major elements of this programme, according to him are: • The development of appropriate technologies and farming systems, • The acquisition of quality genetic inputs (seeds, animal and fish breeds), • Genetic protection techniques and management.

On genetic input development, he explained that Songhai works with reputable institutions and businesses for the development, introduction and dissemination of appropriate genetic inputs in agricultural production. The major genetic materials he listed include rice, cassava, soybean, corn, yam and moringa, among others.

Production technologies and CONTINUED ON PAGE 34

he Federal Government has commenced a robust drive to revive local production of wheat which it earlier embarked upon in 1987 but was unable to achieve.

Government is worried that Nigeria’s wheat import is about 4 million metric tons per annum, and is estimated to grow at an alarming rate of 5 per cent per annum. At this rate, the country will be importing 10 million metric tons of wheat per annum by 2030, spending $15 billion annually on wheat imports alone.

Said Akinwunmi Adesina, Minister of Agriculture and Rural Development, at the Wheat Farmer’s Field Day which held at Kadawa, Kano, on Tuesday, “today, we are reviving hope for Nigeria to produce its own wheat and free itself from decades of dependence on imported wheat. I am delighted that the African Development Bank has funded the production of wheat across African countries. Africa must produce its own wheat and the funding by ADB is therefore strategic.”

The minister argued that today, our young children have become hooked on Indomie among other pastas, all made from wheat. “Even the older generations who eat pounded foods, traditionally made from yams and cassava, now eat pounded foods from wheat flour. There is an intense battle to shift the tastes of consumers away from our local foods to foods made from wheat. Such over dependence on imported wheat will pose significant risks to Nigeria’s future growth. Nigeria must grow a lot more of its own wheat and reduce the national, economic and political risks from depending on other nations for our food supply,” he said.

The minister said this was why President Goodluck Jonathan, launched the Agricultural Transformation Agenda. He said that a key part of this agenda was the launch of the Wheat Transformation Agenda.

He explained: “The target of the wheat transformation CONTINUED ON PAGE 34

34

BUSINESS | AGRIC

Sanctity of Truth

Friday, March 14, 2014

Turning rural communities into viable entities CONTINUED FROM PAGE 33

farming systems He explained: In the rice chain we have 13 varieties that are already used in large scale production: • Eight upland rice varieties from WARDA were chosen • Three irrigated / lowland varieties from IRRI • Two local rain fed varieties.

Using these seeds, a sustainable rice farming system was developed. Animal wastes, biogas slurry and agro-forestry products like Moringa and Leucena are processed and used as fertilizers.

Said he: “The rice fields were designed to harvest the waste water from the piggery and chicken pens directly.

Where this was not possible, Songhaibuilt pumps were used to transfer nutrient rich water like biogas slurry and waste water from the fish ponds to the rice fields. The other chains like soy bean, yard long bean and cassava are developed in a similar manner, taking advantage of the on-farm nutrients.

“Like in the rice culture, nutrient rich biogas slurry and moringa leaves are used as fertilizers. Composting of crop and vegetable by-products and animal wastes was also central in land and nutrient management. Most cassava varieties were from National Root Crop Institute (NRCI) in Umudike in Nigeria and IITA, INRAB Benin etc. Ten varieties are currently being used on Songhai sites.”

Animal production sub-sectors He said the genetic input selections in the animal and fish units were done in collaboration with the Beninese Agriculture Department and the University of Abomey-Calavi.

“In the piggery unit for example, large white breed was adopted because it is very productive and well adopted in the tropical condition. These animals are fed mainly from the farm crops (cassava, soybean) and their by-products (Soybean cake, rice bran, cassava peeling etc). Nutrient-rich vegetables like moringa were also used as feed stock.”

is to increase national production from 300,000 metric tons to about 1.5 million metric tons per annum by 2017. The wheat transformation agenda will generate one million jobs in the rural areas of Nigeria over the next four years of the programme and generate over N42 billion in incomes annually for farmers and millers.

“This is not a mirage. A silent revolution is already happening on farms all across Northern Nigeria. This revolution is being sparked by the release of two high yielding improved wheat varieties, Norman Borlaug and Reyna-28 produced by International Maize and Wheat Improvement Centre (CIMMYT) and International Centre for Agricultural Research in the Dry Areas (ICARDA) in collaboration with our own Lake Chad Research Institute (LCRI), Maiduguri. These varieties

Achievements and impact Geofrey Nzamujo said the logic behind this project is “teach a man to fish and he will take care of himself in the future.” He recalled “as said earlier, the first step taken in this project was to develop ‘native capacities’ that would be capable of taking advantage of not only the possibility set in their villages and communities, but also be capable of harnessing opportunities from outside - that is, ideas, techniques, new genetic inputs (improved seeds and animal breeds), market opportunities

...the only way to fight poverty effectively is by making the poor productive.

Visitors at another section of the centre

CONTINUED FROM PAGE 33

Fruitful multi-partnership This initiative, according to him, is a collaborative effort of Songhai and its partners. Songhai has collaborative agreements with most of these institutions. He said for most of them, Songhai constitutes a platform for testing and selecting good materials, that appropriate practices, technologies and farming system are developed in collaboration with the scientists from these institutions.

The Songhai project has as major technical partners in West African Rice Development Association (WARDA), IITA, Gonzaga University, CORAF, ICRISAT, NRCI Umudike-Nigeria and the University of Port Harcourt and has the following three major financial partners - USAID, UNDP and Oxfam-Quebec in this multi-partnership.

and international development aids.”

He added: “The Songhai initiative has now core socio-economic leadership groups in most of the provinces in Benin. We call them “bare-foot engineers” or social economic entrepreneurs. The activities of these socio-economic leaders constitute “extension spaces” for their population. These are new mentors, operating successful agro-based enterprises and influencing their communities. They are the yeast of their communities. Practically everybody in their host villages is involved in one way or another in the Songhai movement.

They are all stakeholders because the Songhai initiative is designed to produce a snow ball effect.”

Sustainability Nzamujo summed it up: “Once again, the project is an expression of a “regenerative economy” we call it “Economie de communion...” This initiative, while strongly reaffirming and reactivating the central position of solidarity in social construction, goes steps further to ensure the sustainability of this human value, giving it a “self-sustaining” base.

We, at Songhai, believe that the only way to fight poverty effectively is by making the poor productive. This is another way of re-editing the famous Chinese saying that “it is better to teach someone to fish than to give him fish.” The Songhai initiative is a commitment to an active and generative use of resources. It does not limit its actions on just giving (resources, money, materials, etc.), but gets them to circulate within the social fabric of communities to make them reproduce themselves.

FG out to revive local wheat production give average yield of five to six tons per hectare. In addition to high yields, these varieties have excellent milling and bread-making quality.”

Government, he said, has begun massive distribution of these varieties to farmers through the Growth Enhancement Scheme and electronic wallet scheme. “In the 2013/2014 wheat dry season, 9,143 farmers in eight Northern States (Kano, Jigawa, Kebbi, Zamfara, Borno, Yobe, Gombe, and Sokoto) each received improved seeds, at no cost, and two bags of fertilizer, at 50 per cent subsidy, via their mobile phones.

“A total of 2,500ha of wheat fields were cultivated in 2013.

For the 2014/2015 wheat season, a total of 75,000 ha will be cultivated by 75,000 farmers.

The area under wheat production is expected to increase to

150,000 ha by 2015/2016 dry season and to 300,000 ha by 2016/2017 dry season. At the average yield of 5MT/Ha, Nigeria will achieve its target of producing 1.5 million metric tons of wheat by 2017 and reduce wheat imports by 50 per cent.”

To ensure massive wheat production, the Federal Ministry of Agriculture and Rural Development is collaborating with SG2000 on an aggressive Technology Transfer programme.

The minister said: “Using funds from the wheat levy, we will support wheat farmers with processing equipment (500kg/hr milling machines), land water development, irrigation pumps, all at subsidised rates. We will also develop policy options to promote and protect domestic producers and processors.

The accelerated production of wheat all across the north east and North West regions of the country will create massive amounts of jobs, especially for the youth, and reduce insecurity in these regions. We must not grow poverty in Nigeria, because poverty is not an industry. The issue of security is very crucial for us as a nation. Today, you will notice that all across the northern regions of the country, there is calm in the rural areas. The reason is simple: agriculture is working and government programs are impacting massively on millions of people.”

Adesina recognised and appreciated the invaluable contributions of the International Maize and Wheat Improvement Centre (CIMMYT) and International Centre for Agricultural Research in the Dry Areas (ICARDA) in the

promotion of improved wheat technologies in Nigeria, and for organising this wheat field day.

In 1987, Nigeria banned the importation of wheat and implemented an Accelerated Wheat Production Program aimed at stimulating local production of the product.

The importation of wheat was banned. It was a bold move.

Farmers were mobilised to produce wheat and were provided necessary inputs at subsidised rates, and equipment to boost wheat production. The production of wheat expanded from 50,000 metric tons in 1987 to 600,000 metric tons by 1990.

Farmers had proven that they can produce wheat, if well supported. However, several challenges scuttled the burst of energy to produce wheat locally. The introduced varieties had very low yields, as average yield was less than one ton per hectare.

business | AGRIC

Sanctity of Truth

Friday, March 14, 2014

35

‘Women work 66%, earn 10% income’ EXPLOITATION Women are playing a big role in changing the food system, but have nothing to show for it.

“I

n many developing countries, women are the backbone of the economy. Yet women farmers do not have equal access to resources and this significantly limits their potential in enhancing productivity,” said Melanne Verveer, Ambassador-atLarge for Global Women’s Issues, U.N. Food and Agriculture Organisation (FAO).

And in many countries, while women are responsible for the majority of food production, they are also more likely to suffer from hunger in food shortages. According to Oxfam International, women perform 66 per cent of the world’s work, but only earn 10 per cent of the income.

But from Jamaica to New Zealand, women are playing a big role in changing the food system to create a wellnourished world. And they are taking on larger and more defined roles in food and agriculture- globally, 70 per cent of all farmers are women.

Women working in a dress-making factory

According to the World Food Programme, providing women farmers access to the same resources as men could reduce the number of hungry people in the world by 100-150 million people. And when women earn more,

they invest more in the health of their families.

As world population grows and the impacts of climate change become more evident, farmers and policymakers, will need to invest more in ef-

fective strategies to alleviate hunger and poverty. And that means addressing the deep-rooted inequalities that currently impede women from gaining equal access to productive resources and services.

New Fairtrade sourcing rules boost cocoa ...But could reduce market opportunities for certified sugar FAIRPLAY Unless companies ensure that farmer gets a fair price, next generation of cocoa farmers will not emerge.

A

ccording to the website Foodnavigator.com, pending changes to Fairtrade sourcing and labelling rules designed to boost sales of Fairtrade cocoa

Cocoa

will allow manufacturers “to bulk-buy a single commodity as Fairtrade,” rather than requiring companies to “source all ingredients for a brand on Fairtrade terms.”

Companies sourcing single ingredients will be able to utilise a new Fairtrade mark. This would be different from the established Fairtrade mark, which would only be available to “brands that source all ingredients” on Fairtrade terms.

Nine major companies have

already signed up for the new model of certification, which is seen as opening up new opportunities for Fairtrade suppliers of cocoa, while maintaining the same “Fairtrade standards on the ground for the producers.”

Fairtrade International is forecasting that an additional $1.2 million in Fairtrade premiums will be paid to farmers in 2014. While the UK remains the main market for Fairtrade cocoa, new commitments will see

a six fold increase in Fairtrade cocoa sales in Germany and a 14 per cent overall increase in Fairtrade cocoa sales in 2014 compared to 2013. Outside Europe, Fairtrade International sees “the markets of the south, such as South Africa, India, Brazil (and) East Africa as the markets for the future of Fairtrade.”

The organisation commented that in the past, “all-ingredient” sourcing requirements had discouraged many companies from purchasing Fairtrade-certified cocoa, since it “added too much to cost at the market end instead of delivering more benefits to farmers,” and that the new sourcing programme was intended to address this issue, starting with cocoa.

In addition to fair-trade purchasing commitments, major companies, including Mars, Ferrero and Mondelez, have all made commitments to, by 2020, purchase only cocoa certified as sustainable, either under third party certification schemes or, in the case of Nestlé, its own sustainability certification scheme. An organiser of the International Sweets and Biscuits Fair,

which took place in Cologne in January, commented that the move to sustainability and fair-trade sourcing is seen as a major new trend in the European confectionery industry.

Some analysts have implied that the new commitment to sustainable sourcing is linked more to the projected one-million-tonne shortfall in cocoa supplies expected by 2020 than to commitments to sustainability and child-labour-free supply chains. Fairtrade International, however, argues that corporate executives are increasingly aware that “unless the companies make sure the farmer gets a fair price,” the next generation of cocoa farmers simply will not emerge.

While increased volumes of Fairtrade-certified cocoa are largely coming from Côte d’Ivoire, Ghana, Dominican Republic and Peru, cocoa production is on the rise in Asia, and Fairtrade International foresees a need to invest more in supporting and certifying producer organisations in countries such as Indonesia.

Source: AGRITRADE

36

BUSINESS | AGRIC

Sanctity of Truth

Friday, March 14, 2014

Smuggled rice being destroyed by men of the Nigeria Customs. Inset: Customs' Comptroller-General, Abdulahi Dikko

SABOTAGE Rice distributors are patronising smugglers, importers are kicking.

R

ice importers and millers have put the blame for continuous smuggling of rice into the country at the door-step of rice distributors and they say they are out to stop the unscrupulous activities of these distributors.

According to Elephant Group managing director and the president of Rice Importers Millers and Distributors Association of Nigeria (RIMIDAN), Tunji Owoeye, to encourage local production of rice in Nigeria, government increased tariffs on rice so that there would be patronage for locally produced rice but government did not envisage that economic saboteurs were going to take advantage of this by bringing in rice from neighbouring countries at prices lower than the locally milled

Rice importers, millers clash with distributors rice.

Said Owoeye: “The saboteurs, that is the distributors, are patronising unscrupulous rice importers by buying the rice from them and we as responsible associations as rice millers and importers feel that the only way we can close the gap between rice produced and rice demand is to ensure that distributors do not buy rice from smugglers.

It would be recalled that in the past few weeks, rice merchants and allied stakeholders raised an alarm over the scandalous smuggling of rice into the country which they believe is as a result of government non-implementation of the dutiable tariff of $190 per metric tonnes which they say has since been approved as the

new duty for legally imported rice into the country.

Only recently, the Federal Government through the Inter-ministerial Committee on Dutiable Rate, held a stakeholders meeting with the rice dealers in Abuja. The meeting was meant to quickly arrest the rate of smuggled rice through the neighbouring countries like Republic of Benin. It was agreed that in order to discourage the rate at which the commodity was smuggled into the country, a new duty tariff that was almost importfriendly and commensurate with what obtained in the neighbouring countries was good enough hence the duty for legally imported rice was pegged at $190.

Regrettably, according to

Agricultural Commodity Prices –Grains Commodity

Units

Price

Change

% Change

Contract

Time (ET)

CBOT Corn

USd/bu.

479.25

-4.00

-0.83%

May 14

09:39:59

CBOT Wheat

USd/bu.

661.50

+2.50

+0.38%

May 14

09:40:08

CBOT Oats

USd/bu.

434.50

+10.00

+2.36%

May 14

09:37:38

CBOT Rough Rice

USD/cwt

15.28

-0.10

-0.65%

May 14

09:40:37

CBOT Soybeans

USd/bu.

1,380.25

-32.75

-2.32%

May 14

09:40:35

CBOT Soybean Meal

USD/st

435.90

-8.30

-1.87%

May 14

09:41:00

CBOT Soybean Oil

USd/lb.

43.04

-0.71

-1.62%

May 14

09:40:57

ICE Canola

CAD/mt

445.90

-6.10

-1.35%

May 14

09:40:58

Agricultural Commodity Prices –Softs Commodity

Units

Price

Change

% Change

Contract

Time(ET)

ICE Cocoa

USD/mt

2,936.00

-70.00

-2.33%

May 14

09:40:52

ICE Coffee "C"

USd/lb.

203.25

-2.40

-1.17%

May 14

09:40:59

them, though government reviewed the dutiable price, the measure was yet to be implemented, leading to dislocations and unease within the rice industry in Nigeria.

Stakeholders lamented that $570 remains the duty for rice in Nigeria despite international price crash and stiff competition from Benin Republic.

The claim is that to further boost the volume of Nigeriabound rice through its ports, Benin Republic deliberately crashed dutiable rate to $200 per ton. This made the place a haven of sorts for smugglers of the product into Nigeria.

Owoeye argued that government has never said that Nigeria produces enough rice that meets the demand of the people. “Obviously there is a gap between production, demand and consumption and this demand is being met by importation, but what we have done is that we stayed out of importation last year because we felt that we were not protected.”

He added: “Even though customs are doing their best, you will agree with me that Nigeria has thousands of routes along its borders, customs officials are limited in number. Because of this we found out that the only way to curb this menace is to sit the distributors down and read the riot act to them that we will not do business with them unless they stop patronising smugglers.

Our expectation from the new policy is to see a downward revision of tariffs so as to bridge the gap between price of rice from neighbouring countries and that of what will be legally imported or produced in Nigeria so that distributors will not be motivated to patronise smuggled rice.”

He said that the drive towards attaining self-sufficiency in rice production is achievable. “The current government has started the initiative of ensuring that operators in the industry begin to look at backward integration which is a welcome and laudable initiative. What we want government to do is to constantly collaborate with us for us to see the success of that initiative which is only possible if government and the stakeholders are serious and committed to it.

We all need to make sacrifices to protect our investments and ensure that Nigeria’s economy is improved.

Mohammad Khalife, vice president RIMIDAN said his association is in support of the backward integration.

Said he: “Some of our members have started, while others have their plans in place, but smuggling and economic sabotage which is happening has put some of their plans on hold pending when this act of economic sabotage is resolved so that they can continue with their plans.

business | PENSION 37

Sanctity of Truth

Friday, March 14, 2014

APPREHENSION Insincerity on the part of employers over pension unsettles workers.

Sunday Ojeme

F

ollowing series of complications experienced by pensioners under the old pension scheme, experts in the insurance and pension sector have continued to put measures in place to forestall such in the new pension scheme.

Apart from encouraging employers and employees to ensure implementation of the mandatory 15 per cent deductions and remittance to one of the registered Pension Fund Administrators under the new scheme, they have also taken it as a duty to ensure that such deductions are in safe custody and appropriately spread through annuity or programmed withdrawal to retirees’ benefit in future.

On a daily basis, workers are becoming more conscious of their retirement. This is evident in the series of confrontations they usually have with their employers.

With stunning revelations on how pension funds have been mismanaged by those in whose custody the money was kept, the need has arisen for employees to take their destinies in their hands by keeping a close watch on their future savings.

Early in the week, Ondo State civil servants had cause to disrupt activities in the state as they suspected foul play in government’s attempt to begin the process of implementing the CPS. Their grouse was, however, not with the scheme but lack of confidence in government’s sincerity in contributing its own percentage to the funds.

The workers, who shouted solidarity and anti-war songs as the state’s lawmakers were due to hold a public hearing on the bill said if the bill was passed into law it would make them poorer as the government may not only fail to make its own contribution but would also end up embezzling what the workers had contributed.

Leader of the workers in the state, Comrade Samuel Oluwole Adele, reminded the lawmakers and his colleagues that the law establishing the Contributing Pension Scheme (CPS) afforded it to be well domesticated by each state after consultation with and input from concerned stakeholders who mostly must be civil servants in the workforce of the state.

He said: “Government needed to show proof that it was fully prepared to pay its own monthly share of the contribution.

They should give us a written document indicating government payment of its own percentage on the scheme."

The grouse of the workers in this regard is understandable as the failure of government to play its role sincerely would deny them the capacity to participate in structured annuity on retirement.

About two months ago, a retiree in Edo State, Mr. Dennis Amayo, threatened to end his own life if the state government failed to pay his pension arrears.

The 57-year-old man, who served the state meritoriously for 35 years in the Ministry of Agriculture and retired in

Ondo State civil servants protesting their non-inclusion in discussion by government on new pension scheme.

Annuity: Distrust, fear push employees to confrontation August last year, said he was owed eight months of unpaid pension by the state government.

He told journalists that he was prepared to sacrifice his life to raise awareness for other pensioners owed several months of unpaid pensions.

Amayo’s plight is one of the least experienced by pensioners under the non-contributory scheme as some have died while queuing for verification and payment. The reason for this has been attributed to the poor structure and implementation of the system in the past.

According to Section 4 of the Pension Reform Act, an employee is allowed to use the amount accumulated in his Retirement Savings Account (RSA) for the purchase of either programmed withdrawal or life annuity at retirement on attaining the age of 50 years whichever is the latter.

It is a series of payment made at (equal) intervals of time in consideration of a lump sum or a regular contri-

Amayo

bution made over a pre-defined period.

There are different types of annuity but the type being made popular in Nigeria through the Pension Reforms Act (PRA) 2004 is called Immediate Annuity.

The retiree is also allowed to take a lump sum (at age 50 or at retirement whichever is the latter) from the RSA balance provided that the amount left after the withdrawal shall be sufficient to procure Annuity for life or fund Programme Withdrawals that will provide an amount not less than 50 per cent of his annual remuneration as at the date of his retirement.

The Programmed Withdrawal is provided by the Pension Fund Administrators (PFAs) while the annuity for life is provided by licensed life insurance companies in Nigeria.

The Programmed Withdrawal and Annuity are two distinct options available to the retirees.

Both options, although have clearly distinct features; have been carefully chosen by the regulators to protect the interest of the retirees.

The process of selecting the providers of either option is also stringent to ensure that only the companies that are adjudged by the regulators to be capable are licensed and authorised.

There are different types of annuity but the type being made popular in Nigeria through the Pension Reform Act (PRA) 2004 is called Immediate Annuity

A life underwriting expert, Mr. Dimeji Olona, while emphasising the importance and value of annuity in the life of every retiree, said the Investment Risk is borne by the Annuity Provider and not the policy holder (annuitant) as a guaranteed sum is given to the annuitant on a regular basis in spite of inclement/ harsh investment climate that might be experienced by the insurance company.

Describing annuity as a product that can be used to take care of the basic fear of an intending retiree, which is the risk of outliving his income (longevity risk), he pointed out that such a risk is usually borne by the insurance company if the retiree lives as long as 90 years after retiring at the age of 60.

According to him, “The Life Annuity authorised under the PRA 2004 is guaranteed for 10 years (i.e. if the annuitant dies before 10 years, the balance would be paid to the named beneficiary and if the annuitant survives the guaranteed period, the annuity is payable thereafter as long as the annuitant lives.”

While commending the efforts of the National Insurance Commission and the National Pension Commission as well as Lagos State Pension Commission for working harmoniously at ensuring that the retirees are well protected and that all the providers of both the Programmed Withdrawal and Annuity work harmoniously and compete in a healthy environment, he said these were the ingredients needed for the success of the Contributory Pension Scheme (CPS) of the government.

He added that both the Pension Fund Administrators and Annuity providers were partners in progress as there could not be an effective administration of annuity without involvement of PFAs.

38

business | GLOBAL NEWS

T

he largest United Statesbased companies added $206 billion to their stockpiles of offshore profits last year, parking earnings in low-tax countries until Congress gives them a reason not to.

Bloomberg reports that the multinational companies have accumulated $1.95 trillion outside the US, up 11.8 per cent from a year earlier, according to securities filings from 307 corporations reviewed by Bloomberg News. Three US-based companies -- Microsoft Corp.

(MSFT), Apple Inc. and International Business Machines Corp.

- added $37.5 billion, or 18.2 per cent of the total increase.

“The loopholes in our tax code right now give such a big reward to companies that use gimmicks to make it look like they earn their profits offshore,” said Dan Smith, a tax and budget advocate at the US Public Interest Research Group, which seeks to counteract corporate influence.

Even as governments around the world cut tax rates and try to keep corporations from shifting profits to tax havens, the US Congress remains paralysed in its efforts. The response of USbased companies over the past few years has been consistent: book profits offshore and leave.

Congress hasn’t acted because of disagreements on whether to be tougher on US

Cash abroad rises $206bn as Apple to IBM avoid tax companies operating abroad amid broader disputes over government spending and taxation. The stalemate has prevented US from tapping a pot of money that President Barack Obama and the top Republican tax writer in Congress have eyed for such projects as rebuilding highways.

Meanwhile, the companies are deferring hundreds of billions of dollars in US taxes as they lobby to end a system they describe as a competitive disadvantage in world markets.

The top 15 companies now hold $795.2 billion outside the US, up 10.6 per cent.

That increase was slower than the 15.9 per cent rise in stockpiled profits those same companies had the previous year. Pfizer Inc. reported a decrease in offshore profits this year, and General Electric Co. and Citigroup Inc. each reported growth of less than three per cent.

The Bloomberg analysis covers the two most recent annual filings from 307 companies in the Standard & Poor’s 500 Index.

Ex-Goldman’s Tourre to pay $825,000 in SEC case

E

x-Goldman Sachs Group Inc. (GS) Vice-President Fabrice Tourre, found liable for his part in a failed $1 billion investment, was ordered to pay over $825,000 in the United States.

Securities and Exchange Commission’s case, according to Bloomberg reports on Wednesday US District judge, Katherine Forrest, in Manhattan ruled that Tourre must pay $650,000 in civil penalties and give up $175,463 of his 2007 bonus, plus interest. He can’t seek reimbursement of the penalties from Goldman Sachs, the judge ruled.

Tourre, 35, was found liable on August 1 after a jury trial at which the SEC claimed he intentionally misled investors in a subprime-mortgage vehicle called Abacus 2007-AC1. Tourre lied about the role played by billionaire John Paulson’s Paulson & Co. hedge fund, which helped choose the securities underlying Abacus then made a billion-dollar bet it would fail, the agency said.

Sanctity of Truth

Friday, March 14, 2014

The lawsuit was one of the government’s most prominent efforts to fix responsibility for the housing market crash, which helped precipitate the worst economic downturn since the 1930s.

Critics have faulted the SEC for not doing more to police the abuses that led to the crisis or to pursue top financial executives they say are responsible.

The SEC’s allegations against Tourre and Goldman Sachs helped spur Congress in 2010 to enact the Dodd-Frank Wall Street Reform and Consumer Protection Act, aimed at averting future occurrence.

The SEC requested a $910,000 penalty. Forrest today declined to order Tourre, who is in the middle of a six-year economics Ph.D. program at the University of Chicago, not to violate federal securities laws in the future, finding that there’s no evidence he intends to return to Wall Forrest said that if Tourre tries to work in the securities industry within three years, the SEC may repeat its request.

Traders work on the floor of the New York Stock Exchange

(SPX). It excludes purely domestic corporations, those that don’t disclose offshore holdings, companies with headquarters outside the US and real estate investment trusts that aren’t subject to corporate taxes.

The increase in profits held outside the US has been particularly large and steady at technology companies, many of which have moved patents and other intellectual property to low-tax locales.

US multinational companies reported earning 43 per cent of their 2008 overseas profits in Bermuda, Ireland, Luxembourg, the Netherlands and Switzerland, over five times the share of workers and investment they have in those jurisdictions, according to a

2013 Congressional Research Service report.

That report cites academic estimates of the annual revenue loss to the U.S. that ranges from $30 billion to $90 billion.

Lawmakers in the US, the UK, France and Italy have scrutinised companies such as Microsoft, Hewlett-Packard Co., Apple, Google Inc. (GOOG) and Amazon.com Inc. Those inquiries have revealed an Apple subsidiary that earned $30 billion over four years with no home for tax purposes and loans that let HP access its off-limits offshore cash.

The Organisation for Economic Cooperation and Development and the Group of 20 nations are trying to negotiate a common set of rules to prevent such

profit shifting.

In three years, Microsoft’s profits held offshore have more than doubled and Apple’s have more than quadrupled. Google’s cache has more than doubled in the past three years, to $38.9 billion from $17.5 billion.

The companies and their critics say the growing stockpiles are symbols of a broken U.S. tax system, for which they offer sharply divergent solutions.

Companies including Coca-Cola Co. (KO) and United Technologies Corp., working through groups such as the Business Roundtable and the Lift America coalition, advocate adopting a system that would impose lighter taxes on foreign profits.

EU approves framework for asset freezes, travel bans on Russia

E

uropean Union member states have agreed the wording of sanctions on Russia, including travel restrictions and asset freezes against those responsible for violating the sovereignty of Ukraine, according to a draft document reviewed by Reuters.

The seven-page document describes in detail the restrictive measures to be taken against Moscow if it does not reverse course in Crimea and start to engage with international mediators on efforts to resolve the crisis.

If approved by EU foreign ministers at a meeting on

Monday, they would be the first sanctions imposed by the European Union against Russia since the end of the Cold War, marking a severe deterioration in East-West relations.

The measures are being coordinated with the United States, Switzerland, Turkey, Japan and Canada, an effort to ensure the sanctions net is as tight and effective as possible.

“Member states shall take the necessary measures to prevent the entry into, or transit through, their territories of the natural persons responsible for actions which undermine or threaten the territorial in-

tegrity, sovereignty and independence of Ukraine,” reads Article 1 of the document.

The second article covers assets held in the European Union and states that “all funds and economic resources belonging to, owned, held or controlled” by those responsible for actions which have undermined Ukraine’s integrity “shall be frozen.”

The document was approved by what is known as a silence procedure after none of the EU’s member states raised objections to the wording by 1100 GMT on Wednesday, officials said.

CRIME

39

NEW TELEGRAPH

newtelegraphonline.com/entrepreneur

JULIANA FRANCIS juliana.franci.durojaiye@newtelegraphonline.com

FRIDAY, MARCH 14, 2014

NDLEA unveils 10 biggest arrests in 2013

Juliana Francis

T

PAG E

he National Drug Law Enforcement Agency (NDLEA), recorded a lot of amazing arrests in the year 2013. Below are some of these achievements.

10. Drug barons failed to export first liquid meth In September, 2, 2013, NDLEA revealed how it prevented the illegal shipment of liquid methamphetamine to South Africa. The methamphetamine weighed seven kilogrammes and was disguised as vegetable oil. Anti-narcotic officials made the discovery at the cargo section of the Murtala Mohammed International Airport (MMIA) Lagos during routine check.

A clearing and forwarding agent who brought the consignment for shipment through a South African Airline flight was arrested. The suspect, Ugochukwu Okoroji, accepted ownership of the drug.

9. Burundian woman nabbed with heroin The arrival of two detectives from Switzerland Federal Department of Justice and Police (FDJP), on a drug control cooperation mission coincided with the arrest of a 38-year-old Uwimana Aisha, a Burundian woman. She was found with substances suspected to be heroin. The suspect who boarded Rwand Air from Burundi was apprehended by officials of the NDLEA at MMIA, Lagos. Her arrest followed the detection of 2.390kg of heroin in her possession.

NDLEA Airport Commander, Mr. Hamzar Umar said that the suspect concealed the drug in her hand luggage, adding: “She had in her hand luggage two parcels of powdery substance that tested positive for heroin, weighing 2.390kg.”

Aisha later insisted that the bag containing the illegal substance was given to her by her lover.

“My Nigerian boyfriend gave me the bag he brought from Tanzania. He promised to marry me and take care of my only daughter. We were to come to Nigeria together but he later said that he will join me the following day. I trusted him because he was nice to me.”

8. Nursing mother arrested A 34-year-old nursing mother, Mrs. Mbonu Chizoba, was arrested in connection with the unlawful exportation of 6kg of cannabis to China.

Officials detected the drug during routine inspection of cargoes at the Nigerian Aviation Handling Company (NAHCO) Shed, MMIA, Lagos. The compressed dried weeds that tested positive for cannabis was hidden in a luggage meant for export on an Ethiopian airline flight.

Chizoba said: “I am a licensed clearing and forwarding agent with five years working experience. I was given the bag

Aisha Uwimana

Giwa Ayoka Sikirat

Michael Anum-Meth

The bags and folders with the drugs found in them

by a client to send to China. In the process of search, the drug was found inside the bag. I was told that the bag contained sample goods, unfortunately drug was hidden inside.”

7. Cocaine hidden in flasks, kitchen utensils discovered A Lagos State based businessman, Asogwa Solomon Ochiabuto, 39, was arrested was from smuggling 7.45kg of cocaine hidden in flasks and kitchen utensils into the country. The arrest was made at the Nnamdi Azikiwe International Airport (NAIA).

The discovery was made during the inward screening of passengers onboard an Ethiopian Airline flight from Brazil. The drug which was industrially

concealed inside food flasks and kitchen utensils tested positive for cocaine and weighed 7.45kg. It is estimated to cost N82m. It is the single largest seizure recorded at the Abuja airport since January 2013.

6. Cocaine found in hand bags, folders The Agency intercepted female hand bags and folders containing 3.860kg of cocaine. The outward appearance of the bags does not indicate any presence of narcotics. It was factory packed as the drugs were found after the bags and folders were cut open.

Osunwa Chukwujekwu,28, who brought the bag from Brazil was arrested.

The discovery was made during inward screening of Emirate passengers from

CRIME QUOTE The first fight against crime must be to rid our society of illegal drugs. You must clean up the country against the presence and proliferation of harsh dangerous psychotropic substances.

Wherever the businesses of hard drugs have flourished, arms have followed as a natural consequence. It is not a business for the weak hearted.” NDLEA chairman, Alhaji Ahmadu Giade

Brazil at MMIA, Lagos.

Osunwa who sells female hand bags and shoes at Bakasi Market, Aba said that he agreed to smuggle the drug because he needed money to enlarge his business.

5. Cape Verdean held over cocaine importation A Cape Verdean was quizzed in connection with the unlawful importation of 2kg of cocaine hidden in female handbags.

The drug was detected during the inward screening of Emirate passengers at the arrival hall of the MMIA, Lagos.

Rosangela Gomes Gonealves Correia, 35, Cape Verdean and Olua Uguru Christopher, 36, a Nigerian, attempted to explain their roles in the illicit import.

Olua said that he sold shoes and shirts, while the Cape Verdean claimed to have a restaurant in her country. According to Olua, “I was enticed by the financial incentives. France is a very difficult place to live now because of unemployment problem. If I had succeeded in bringing the drug into the country, I would have invested my share of the profit in business.”

4. Undergraduate arrested for cannabis, heroin possession Mr. Chukwu Ramseyn Onyekaozuru, 27, a Philosophy student of Ebonyi State University, attempted to smuggle 5.300kg of cannabis and 660 gramnmes of heroin to Rome, Italy.

The drugs were detected during the outward screening of Alitalia passengers at MMIA, Lagos. The parcels of cannabis were covered with dried bitter leaf vegetables inside a bag, while the heroin was ingested by the suspect.

The suspect claimed: “I was broke and needed money to buy my ticket to Italy and settle other family expenses. In the process of looking for money, I was introduced to the drug baron who bought me air ticket and gave me 1000 Euros. I accepted the money because I was practically stranded after my exams.”

3. Alumni Ambassador nabbed A 30-year-old Marketer and Career Counselor, Arinze Ifeanyi John, was found in possession of 2.120kg of methamphetamine during the outward screening of passengers on a Virgin Atlantic flight to London.

Arinze who claimed to be an Alumni Ambassador of Bolton University, holds a Bachelor’s degree in Business Administration at Madona University, Okija Anambra State. He also has a master’s degree in International Business at Bolton University, United Kingdom in 2011. He has lived in Bolton for the past CO NTINUED O N PAGE 40

40 CRIME

Sanctity of Truth

NDLEA’s biggest arrests in 2013

Friday, March 14, 2014

TITBIT Bank robber posts picture of gun used in robbery on facebook

A The flasks and cooking utensils before search

Olua Uguru Christopher

Some of the recovered meth

Solomon with one of the flasks showing the parcel

Mbonu Chizoba

Ugochukwu Okoroji

Chukwu Ramseyn Onyekaozuru

mation on Sikirat as the drug was detected when a female officer carried out a body frisk on her during outward screening of passengers. She was smuggling the drug to Pakistan. We also arrested her accomplice, Joseph Umunna, 59, who brought Sikirat to the airport,” Lawan stated.

Investigation revealed that Umunna was to take her to the airport and ensure that she boarded the flight.

The drug was concealed in her hair in Lagos before she was taken to Abuja by her sponsors.

Sikirat said that life as a single mother had not been easy.

She added: “I have problem with my house rent and school fees of my children. I used to buy goods from Dubai and Pakistan but since my shop at Nnamdi Azikiwe, Lagos Island

was demolished, it has been struggles. My husband also abandoned me and the children, which made life very difficult.

When they approached me to take the drug, I had no option.

I was taken to a hotel in Lagos where a hair stylist was brought to fix the drugs. It was properly fixed and they promised to pay me 4,000 dollars.”

1. Another methamphetamine factory uncovered Operatives discovered another methamphetamine Clandestine Laboratory at Shapeti, off Lekki-Epe Expressway Lagos. Methamphetamine is a powerful addictive stimulant that affects the central nervous system. The current laboratory which is the sixth of such illegal methamphetamine production factories uncovered in the last two years is located opposite two private nursery schools.

This development according to the Agency, was highly injurious to public health and safety.

The schools are Rock of Ages Crèche Nursery and Primary School and Regal Gems International School.

The building used for the illegal production was sealed by NDLEA. Methamphetamine weighing 31.7kg was recovered from the laboratory. A Nissan Xterra Jeep belonging to suspected mastermind of the laboratory was impounded along with other documentary and material evidences.

A 38-year-old man with dual nationality of Nigeria and South Africa by name Michael Anum was arrested in connection with the laboratory.

NDLEA Lagos State commander, Aliyu Sule who supervised the operation disclosed that the command acted on intelligence reports.

According to Aliyu: “We acted on intelligence report on the illicit activities taking place at the laboratory. When we raided the premises, we observed that methamphetamine production was in progress. A total of 31.7kg of methamphetamine was seized at the laboratory.”

Five laboratories were discovered in Lagos while one was detected in Nanka, Anambra State.

Methamphetamine is a whitish, odourless, bittertasting crystalline powder. It is often called meth, chalk, ice and crystal. Abuse of meth can increase the risk of contracting or transmitting HIV and hepatitis B and C. This is usually through sharing of contaminated syringes, needles, and other paraphernalia.

Intoxicating effects of methamphetamine alters judgment and inhibition resulting to unprotected sex and accidents.

Toxins from meth production can remain in the environment around a production area long after it had been shut down.

CONTINUED FROM PAG E 3 9

three years.

NDLEA Airport commander, Hamza had said: “The drug which was detected inside Arinze’s luggage was carefully hidden. Officers had to cut open the sides of the bag to recover the parcels of drugs. He claimed to have an interview in London.”

The suspect confessed that he was given the bag by a friend who bought his return ticket.

The suspect said: “My friend who assisted me in buying my ticket gave me the bag to use for my trip. It was inside the bag that the parcels of drug were found.”

2. Cocaine hidden in woman’s hair A 53-year-old grandmother was apprehended at the Nnamdi Azikiwe International Airport (NAIA), Abuja. She was arrested following the discovery and seizure of 1.00kg of white powdery substance that tested positive for cocaine, hidden inside her hair.

The suspect, Giwa Ayoka Sikirat concealed the drug in her beautiful hair style while trying to board an Ethiopian airline Flight ET 910 to Pakistan en-route Addis Ababa and Dubai.

NDLEA Abuja Airport commander, Mr. Hamisu Lawan said that the suspect was arrested during routine check.

“There was no prior infor-

When they approached me to take the drug, I had no option. I was taken to a hotel in Lagos where a hair stylist was brought to fix the drugs. It was properly fixed and they promised to pay me 4,000 dollars

man accused of three Michigan bank robberies may have metaphorically shot himself in the foot by posting a Facebook selfie in which he is holding the same type of submachine gun used in the heists.

Jules Bahler, 21, allegedly robbed two Pontiac financial institutions, a Genisys Credit Union of $4,300 on Feb. 26 and a Bank of America branch of $4,000 on March 4.

He also is accused of robbing a Chemical Bank in Bay City of $7,000 on March 5.

Surveillance video caught one of the robberies on camera. Investigators first connected Bahler to the robberies on when they discovered his Facebook page and noticed a close resemblance to the person in the surveillance video.

A detective found the Facebook page and made the connection, according to FBI agent Sean Gallaghan. The officer gave the information to the FBI, but an affidavit obtained

by The Smoking Gun did not explain how.

It helped that on March 5, Bahler posted a photo of himself holding a submachine gun similar to the one used in two of the robberies. The photo also showed him wearing clothes similar to those worn by the suspect caught on the surveillance tape, MLive.com reports.

Investigators staked out Bahler’s home in Pontiac and pulled him over on Friday after he left the house.

A search of his vehicle led to the discovery of a black submachine gun in a duffle bag.

The suspect was taken into custody, where he allegedly waived his Miranda rights and confessed to all three bank robberies, The Smoking Gun reported.

Bahler allegedly agreed to let his house be searched, which is where investigators found the clothing allegedly worn during the robberies, MLive.com reported.

Bahler, who goes by “King Romeo” on Facebook, originally hails from Brooklyn, N.Y. He not only bragged about his guns on Facebook, but also posted a picture of what he says was a house he just bought in Pontiac, according to WXYZ-TV.

ARTS FRIDAY, MARCH 14, 2014

41

NEW TELEGRAPH

www.newtelegraphonline.com/arts

A nation’s culture resides in the hearts and in the soul of its people." ― Mahatma Gandhi

CULTURE

Culture, significant to African unity, development, says Prah

“T

he cultural factor in African development and its relevance to the unity project is an issue which has not been given as much attention as one would have wished. All societies which move forward in a sustain3ed fashion build on what they have by inputting new and extraneous ideas and influences, but such importations are fed into foundations based on the heritage and legacy of the past. Culture is therefore of significance to any ideas we fashion for African development along modernist lines. Modernity does not imply the abandonment of culture. Rather it implies the revision of existing culture to incorporate novel impulses and stimuli.”

This was the submission of renowned Pan-Africanist and Director, Centre for Advanced Studies of African Society (CASAS), Cape Town, South Africa, Prof.

Kwesi Kwaa Prah who was the guest lecturer. While stressing the importance of unity to the development of Africa, the erudite scholar noted that for over a century no single idea or intellectual formula for the emancipation and development of people of African descent has been as influential and all-embracing for the thought and practice of African politics as the Pan-Africanist argument, which is that “the future of African and Africans must lie in the hands of Africans; that only unity can rehabilitate Africans from the stunting legacy of colonialism and neo-colonialism”. According to Prof. Prah, “Unity will release the full potential of Africans as historical and cultural products because our cultures as historical entities override the existing neo-colonial state borders.

“If Africans and Africanism is understood to be the maintenance of our heritage and the extension of our historical experience in terms of the bequeathments of our age-long cultures, modernity must imply the rehash and revamping, the upgrading and recrafting of the inheritance of the past in ways that meet adequately the challenges of the future.”

The cultural factor in African development and its relevance to the unity project, he argued, is an issue which has not been given as much attention as one would have wished. “All societies which move forward in a sustained fashion build on what they have by inputting new and extraneous ideas and influences, but such importations are fed into foundations based on the heritage and legacy of the past. Culture is therefore of significance to any ideas we fashion for African

As part of part of activities to celebrate this year’s Black History Month, the Centre for Black and African Arts and Civilisation (CBAAC) organized a public lecture on the theme “PanAfricanism and the Challenges of Global African Unity”. The lecture, which was held recently at the New International Conference Centre, University of Ibadan, again brought to the fore the significance of culture to African unity and development. TONY OKUYEME was there.

L-R: The Orangun of Oke-Ila, Oba Dokun Abolarin; Chairman of the occasion; Prof. Babawale; Director, Prof. Dele Layiwola and Prof. Prah.

development.”

Continuing, he posited that in order to progress practically towards global African cooperation for mutual benefit it is necessary to deepen and accelerate the development of people-to-people relations amongst global Africans. Unity, He said, will release the full potential of Africans as historical and cultural products because our cultures as historical entities override the existing neo-colonial state borders.

“Constraints, inhibitions and obstacles to greater social intercourse need to be addressed. In the post-colonial era we find that states continue to place formal obstacles to the free movement of global Africans from one country to the other.

It is absurd that today in Africa it is invariably easier for westerners to visit African countries than for Africans to

visit each other‘s countries. An English man in South Africa automatically has three months stay permission on arrival.

An African from Nigeria, Congo, and Ghana has to battle through considerable bureaucratic obstacles to get a visa of any sort.

“But even more immediately, how do we move forward from where we stand today? We need a cultural movement which will mobilise writers, teachers, musicians, etc., to focus minds on the celebrations of our African belongings as baggage for a forward movement; a cultural renaissance, which will strengthen our sense of identity as Africans and provide the pride and confidence necessary to forge ahead. A cultural movement will enable us to shed the inferiority syndromes which stifle African progress. It will assist us to cast aside the self-

Culture is therefore of significance to any ideas we fashion for African development along modernist lines. Modernity does not imply the abandonment of culture. Rather it implies the revision of existing culture to incorporate novel impulses and stimuli

loathing which drives our people to hairstraightening; skin and face bleaching; denigration of harmless age-long traditions as “heathen practices”; and the indiscriminative and fawning embrace of Westernism in all areas of social life. “ Earlier, in his address, the Minister of Tourism, Culture and national Orientation, Chief Edem Duke who was represented a director in the Ministry, Mr. Seyi Womiloju , while commending CBAAC for organizing the event, said the occasion offers a memorable platform for the celebration of achievements of Black and people of African descent and the appreciation of Africa’s modest contribution to knowledge. “I am glad and delighted to always be part of CBAAC’s effort6s at directing attention to issues of concern to Black and African peoples through its numerous programmes. I have kept track of CBAAC’s activities and I wish to express satisfaction with what I have seen so far.

“Given the conflict theatres that litter different parts of Africa and many developmental challenges facing the continent, the organisdation of this programme particularly the lecture on the auspicious occasion of the Black History CONTINUED ON PAGE 42

42 ART

Sanctity of Truth

Friday, March 14, 2014

Amodu: Use NICO Training School to promote Nigerian culture Tony Okuyeme

O

ctogenarian student of the Post Graduate Programme in Cultural Administration in National Institute for Cultural Orientation (NICO) Training School, Lagos, Pa Alimi Olanrewaju Amodu has called on the Nigerian government to use NICO Training School to promote Nigerian culture.

Stating this in an interview in Lagos, Amodu, described the Training School as one of the best avenues the Nigerian government can use to promote Nigerian culture. He also called on NICO to use every possible means of publicity to market the programme to the whole country and beyond, adding that it is one of the best things that has happened to Nigeria, and that it is also a very powerful medium to sanitize Nigerians and its polity.

“I must say that this training I am receiving in Cultural Administration in Nigeria is an advanced knowledge to my first degree in Sociology in the Lagos State University (LASU). It

is really interesting. It is a complete study of the society with emphasis on culture and how culture can be administered in the society. On this note, I call on the Nigerian government to use NICO Training School to promote Nigerian culture. The School is the best thing that has happened to Nigerian culture.

The courses lay emphasis on what makes us African and Nigerian, in particular, in addition to how we can apply our cultural values to make the society a better one,” Amodu said.

Expressing his profound appreciation to the Honourable Minister of Culture, Tourism and National Orientation, Chief Edem Duke for granting him the scholarship to pursue the Post Graduate Programme in Cultural

Administration and the Executive Secretary, Dr. Barclays Foubiri Ayakoroma, for introducing him to the programme, Amodu urged the Government to ensure that the NICO Training School programme is introduced to all sectors of Nigerian economy.

“I must say that all Nigerians need this programme. It affords a cultural knowledge that can educate the minds of Nigerians on the proper ways to behave. By this, various problems we complain about ranging from corruption to indiscipline will stop. The truth is that it can help boost and add value to the President Goodluck Jonathan-led administration’s Transformation Agenda.

“I am passionate about this Training School and the programme. I call on NICO to ex-

I must say that all Nigerians need this programme. It affords a cultural knowledge that can educate the minds of Nigerians on the proper ways to behave. By this, various problems we complain about, ranging from corruption to indiscipline will stop

Amodu

haust all means of publicity to let all Nigerians know about this programme leading to PGD in Cultural Administration. On my own, anywhere I go, I mention it to people. I also urge everybody who has done the programme and those who are currently doing it to keep telling people about this noble programme on Nigerian culture. In

fact, on my own, after this Post Graduate, I will like to go ahead with Masters and also PhD, provided the opportunity is there. I once more thank the Minister,” the 83-year old Amodu said.

It will be recalled that Pa Amodu made headlines in the news when he graduated from the Lagos State University at the age of 80.

Ikorodu Community Development Culture, significant to African development Awards holds in April CO N T I N U E D F R O M PA G E 4 1

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head of this year’s edition of Ikorodu Community Development Awards (ICDA) which holds April 19, 2014, are still on and is expected to end March 25.

The awards which made its debut last year is the initiative of the Liberty Centre Branch, Ikorodu, of The Redeemed Evangelical Mission (TREM).

The Chairman of the Screening Circuit of the award, Mr. Peju Akinyemi who is the publisher of Owambe magazine informed that nomination is still on, and urged people to nominate their preferred person for the various categories of the award.

Earlier, the pastor in charge of TREM Liberty Centre, Ikorodu, Pastor Mike Egwu said the award is aimed to encourage and engender positive grassroots leadership for the overall development of Ikorodu community. “Ikorodu Community Development Award is our own way of helping to preach the

gospel to our community, and encourage individuals to live a selfless life. Until your life becomes a blessing to people around you, you are not living a good life. Whatever service we render to people around us is a service to God,” he said.

Director of the Directorate of National Transformation of TREM Liberty Centre, Ikorodu, Mr. Austen Awulonu said the Award is designed to celebrate individuals who impact Ikorodu community for good.

“Knowing full well that government alone cannot solve all the problems of society and coupled with the fact that God ordained His church to be a change agent for good, the Ikorodu Community Development Awards is designed to celebrate individuals who impact Ikorodu community for good; engineer a rebirth of the positive values that define us as a people; and foster the continued development of Ikorodu,” Awulonu said.

Month celebration is a unique way of redirecting our attention not only to the need for peaceful coexistence and unity among our people and countries to surmount these problems but also seek ways by which Pan Africanism can assist this desire.”

Deputy Chairman, House Committee on Tourism and Culture, Hon. Abdul Malik Cheche Usman in his address, also underscored the role of panAfricanism to the development of the continent.

His words: “There is no idea that inspires and advocates the importance of unity as panacea to our continent’s many problems as Pan Africanism.

Pan Africanism inspires the dream of the possibility of one united Africa. The idea sets aside all differences and believes that bonding and solidarity are sine qua non to Africa’s progress.”

The Director General of CBAAC, Prof. Tunde Babawale in his address, noted that Black Hitory Month has become an annual event instituted by the Centre to celebrate the appreciation of Black and African history, adding that over the years, the Centre has used it to direct attention to matters of concern to Black and African peoples across the world. “We have also instituted this celebration as an annual event to celebrate the appreciation of Black and African history and reecho the triumphs of Africans over forces of domination, discrimination and exploitation.

“CBAAC’s decision to celebrate this year’s Black History Month with special focus on Pan

Africanism was motivated by the numerous socio-economic and political challenges facing the African continent and her vast Diaspora in recent times and the desire to frontally confront them. It is sad to note that despite decades of experimentation with different economic policies and programmes, the world’s absolute poor still live on the continent. With only a few exceptions, most countries on the continent are caught in the poverty trap, with more than half of the population living below the poverty line and on less than $1 per day,” he said.

Pan-Africanism, the CBAAC D.G explained, is a philosophical and ideological construct conceived to encourage unity among Africans and people of African descent. “It is premised on the assumption that there is power in unity.

Pan-Africanism represents the aggregation of the historical, cultural, spiritual, artistic, scientific and philosophical aspirations of Africans and her Diaspora from the past to the present,” he said.

As with previous edition, the event was marked with performances, including cultural dance by TheatreCentrik, musical presentation by Jimi Solanke, and Dr. Karem Wilson Amaechefu; and opening of an exhibition at the Institute of African Studies, of the University.

The event attracted several dignitaries including the Vice-Chancellor of the University of Ibadan, Prof. Isaac Folorunso Adewole, Chairman CBAAC Governing Board, Senator Yusuf Brimmo, Prof. Femi Osofisan, among others.

ART 43

Sanctity of Truth

Friday, March 14, 2014

El Anatsui at 70, Playing with Chance in Lagos One of the works by El Anatsui.

Tony Okuyeme

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he Centre for Contemporary Art, Lagos (CCA,Lagos) holds a special exhibition in honour of renowned artist, El Anatsui who turns 70 this year. The show tagged El Anatsui, Playing with Chance, will open Friday March 14, and run till April 6, 2014.

Announcing the event, the Centre stated that the exhibition is a portrait of the man, El Anatsui, and his work over the past four decades through video, slide images, drawings, sketches, photographs, writings, and documents, as well as his art.

“The presentation of these archival material many for the very first time gives an insight into the thinking and working process of one of Africa’s most important contemporary artist.”

El Anatsui is a Ghanaian sculptor active for much of his career in Nigeria.

Born in 1944, in Anyako, and trained at the College of Art, University of Science and Technology, in Kumasi, in central Ghana, he began teaching at the University of Nigeria, Nsukka, in 1975, and has become affiliated with the Nsukka group.

El Anatsui

Anatsui’s preferred media are clay and wood, which he uses to create objects based on traditional Ghanaian beliefs and other subjects. He has cut wood with chainsaws and blackened it with acetylene torches; more recently, he has turned to installation art. Some of his works resemble woven cloths such as kente cloth.

Anatsui also incorporates uli and nsibidi into his works alongside Ghanaian motifs.

He has exhibited his work around the world, including at the Clark Art Institute (2011), Rice University Art Gallery, Houston (2010), Metropolitan Museum of Art, New York (2008–09); National Museum of African Art, Smithsonian Institution, in Washington, D.C. (2008); Venice Biennale (2007); Hayward Gallery (2005); Liverpool Biennial (2002); the National Museum of African Art (2001); the Centre de Cultura Contemporània de Barcelona (2001); the 8th Osaka Sculpture Triennale (1995); the 5th Gwangju Biennale (2004); and the Venice Biennale (1990).

A retrospective of his work, titled When I Last Wrote to You About Africa was organized by the Museum for African Art and opened at the Royal Ontario Museum in Toronto, Canada, in October

2010. It toured venues in the United States for three years, concluding at the University of Michigan Art Museum A major exhibition of recent works, entitled “Gravity & Grace: Monumental Works by El Anatsui,” had its New York premier at the Brooklyn Museum in February 2013. Organized by the Akron Art Museum (exhibition: 2012), the exhibition later traveled to the Des Moines Art Center (2013–14) and the Bass Museum of Art in Miami (2014).

The Centre for Contemporary Art, Lagos (CCA,Lagos) is an independent non-profit making visual art organisation set up in December 2007 to provide a platform for the development, presen-

Film screenings, conversations with Didi Cheeka

I

ndependent Nigerian filmmaker and critic Didi Cheeka will facilitate the screening of Josef von Sternberg‘s film Blue Angel. The film screening which holds tomorrow March 15, 2014, at Nigerian Film Corporation, Obalende Road, Ikoyi, Lagos, will be followed by an interactive session to be moderated by Cheeka.

Considered to be the first German sound film, von Sternberg‘s Blue Angel portrays the tragic transformation of a man from a respectable professor to a cabaret clown, and his descent into madness. It is “a desperate, emotionally unrelenting portrait of a man whose consuming love for a cold, manipulative woman leads to moral descent and ruin.”

Man’s Cloth by El Anatsui

tation, and discussion of contemporary visual art and culture. It seeks to create new audiences and to prioritise media such as photography, film and video, performance and installation art which have been under-represented in Nigeria.

It supports, and presents the intellectual and critical work of art and culture practitioners through exhibitions, public programmes especially lectures talks, seminars and screenings as well as through workshops. In addition, it encourages and promotes the professionalisation of art production and curatorship in Nigeria and West Africa collaborating with artists, curators, writers, theorists and national and international organisations.

44

TOURISM

Andrew Iro Okungbowa

F

or travel destinations, national tourism boards and administrators as well as the different operators in the industry, travel and tourism trade exhibitions are seen as veritable grounds to market and expose their destinations to the critical audience because such events are usually attended by experts, sellers and buyers of travels and the travelling publics.

Across the world, a number of these travel expos are held annually but perhaps the three leading exhibitions, which attract huge interest, are the World Travel Market (WTM) organized by Reed Exhibitions in London in the month of November, International Tourism Borse (ITB) Berlin held in March and FITUR held in Madrid, Spain in January.

If there is one thing that the Nigerian Tourism Development Corporation (NTDC), which is in charge of marketing and promoting Nigeria tourism, has shown keen interest and consistency in, it is that of galvanizing operators from both the private and public sectors to attend these events.

At least in the last one decade, Nigeria has put up appearances at these global exhibitions with a steady improvement on the content of its presentations and mode of operations. The expectation of many of the operators and observers of developments in the industry following the sudden removal of the formal director general of NTDC, Otunba Segun Runsewe was that his replacement, Mrs. Sally Mbanefo, would at least keep this tradition so as to shore up Nigeria’s growing image and influence at the global level.

When therefore in November last year Nigeria exhibited at the World Travel Market in London, her first official international outing, many people applauded her for keeping fate with the tradition.

The first international exhibition this year was FITUR held in Madrid, Spain in January. The country was expected be represented at the event but just at the last minutes, the dg cancelled and pulled out of the event without any official explanation for such an act although reports emanating from the Abuja office attributed the withdrawal to lack of fund.

Many of the operators and even staff of NTDC were shocked by this development as this event was captured in its budget. Therefore, to many, the excuse of lack of fund was untenable as she was berated for what some observers say was her lack of understanding of the importance of global exposure for the development of a destination, particularly that of Nigeria, which is still struggling for attention.

If many thought that what happened with FITUR in January would not repeat itself again then they were utterly proved wrong when Mrs. Mbanefo again cancelled and pulled out of the ITB Berlin event, which held between March 5 and 9. Again, reports from the Abuja office blamed the lack of fund for this action.

Even though observers are beginning to notice an emerging partner with her handling of tourism affairs, especially with international events, what many

Sanctity of Truth

Friday, March 14, 2014

NTDC’s absence at FITUR, ITB Berlin, a minus for Nigerian tourism

Nigeria’s stand at ITB Berlin 2013.

of the operators find so worrisome and disturbing was the fact that two days into the Berlin event NTDC dg flew to Berlin with about 10 persons made of a member of the board of NTDC, her staff, pressmen and a member of the Federation of Tourism Associations of Nigeria (FTAN).

Not as exhibitors as the allocated stand for Nigeria (Stand 21/118) at the Africa hall, was empty as the country has recorded ‘no show’ but as ‘observers.’

Many wonder why she would show up as an observer to an event that the country has exhibited in at least in the last one decade without fail.

Reports from the event pointed out that attempt by the Nigerian team led by her to hoist a solitary flag of the country at the empty stand or stay around was rebuffed by the organizers who were miffed by the ‘no show’ act of Nigeria after the space booked for by NTDC was reserved.

This development has been described as a show of shame and a big drawback for the tourism industry given the fact that Nigeria’s position in the global market is not a solid one.The implication of this is that Nigeria may never gain back the momentum it has succeeded in acquiring over the years. Nearly everyone in the team to ITB Berlin expressed sadness over the event as they described their journey as a jamboree and great loss to the country and themselves.

Some wondered why the DG could not afford to exhibit but yet had the fund to bring them to Berlin, lodge them in a hotel and pay huge estacodes for them while the business of tourism suffered. They were all holed up in their hotel rooms for most of the time. The DG was even reported to have held a press conference in her Ibis Hotel room for the Nigerian journalists (about six of them) she sponsored to Berlin.

Reports emanating from both FITUR

Nigeria’s empty space at ITB Berlin 2014. (Inset: DG, NTDC, Mrs. Sally Mbanefo)

and ITB Berlin indicate that the country will face heavy sanctions from the organizers of these events for recording ‘no show’ at the late hour, which is against the regulations.

Some operators and observers have also noted that besides the lack of fund, which Mrs. Mbanefo fingered for pulling out of these events, these failings by her may have also exposed her lack of competency and capacity to handle these events. Not only these events but also the entire tourism portfolio, which has been entrusted to her care.

Many reasoned that if her predecessors could handle these events properly without fail then she has no reason to disappoint if her claims to having the pre-requisite knowledge and skill to run the country’s tourism as well as attract fund given her banking background are anything to judge by.

Observers believe that the fact that at the home front there is nothing to show for her close to one year stint at the tourism industry, spell doom for the industry and that the industry may just be in a gradual reverse mode except something is done urgently to rescue it because they say it

is just too early in the day for NTDC to be cash strapped when in fact it should be experiencing a certain level of buoyancy.

Days before she sauntered out of the country with her team the Lagos Zonal office of NTDC was sealed by the owners of the office complex as a result of her inability to meet up with the tenancy payment, which expired last month. Her swan song these days seems to be no fund.

The question on the lips of every observer is that if the immediate passed DG could run the body successfully the way he did by meeting with all the obligations of the body why then is the new DG not able to get the required funding for her activities?

This may just portend a tragedy for the industry if this growing trend is not checked and arrested now. With just less than two months to the ATM event in Dubai, no one is sure if the country will not again record a no show. The silence at the home front is a deafening one already and people are beginning to question what happened to the almost flawless vision and programmes she presented to the stakeholders in Lagos during her first public event in September?

METRO 45

Friday, March 14, 2014

agos pupils may go blind – Statistics Operation Burst gets N4.8m items

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he Oyo State security outfit, Operation Burst, has received a boost with the donation of items worth N4.8 million.

The state Security Trust Fund made the donation, which included 84 tyres, 37 batteries and 35 foot mats, to officers and men of Operation Burst to aid their performance.

The items, according to statement by the Special Adviser to Governor Abiola Ajimobio on Media, Dr Festus Adedayo, were donated on behalf of the Fund by one of its board members, Dr Ayo Abinna.

public primary may go blind if ken by the gov-

oner for Health, the government ors in 185 primaenable early dent among pupils. visual ability of 0 per cent of the t visual impair-

obtained by NT s were screened Some pupils at the launch s, out of which “We have installed 185 vision corridors while 22,002 were ed. and another 180 are being made to be int of the 22,002 stalled. secondary eye “The teachers we have trained so far ave been given have screened over 91,000 pupils. About reading glasses 76,000 of them, we are proud to say, have rs who also suf- normal vision. Those of them that have nt. visual impairment, our experts are alorts to address sioner said efto change the

g the launch of ol Eye Health rimary School, ad been trained sorders. ve trained 2002 across the state; ach of the 1,001 e.

ulls

who might be crime. t the matter prosecuted to o other crimi-

ready taking care of them.”

The Commissioner for Education, Mrs Olayinka Oladunjoye, however, said that the eye screening training programme would continue in order to address problem of poor academic performances resulting from poor vision among the pupils.

Gunrunner held with 15 AK47 rifles

DANGEROUS VENTURE A suspect says his business is to supply arms to criminal gangs Muhammed Sani Bauchi

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32-year-old man, Bello Dagokol, has been arrested for being in possession of 15 AK47 rifles.

Dagokol, who hailed from Kwalla village in Quan Pan Local Government Area of Plateau State, was apprehended while transporting the guns to the state from Gamboru in Cameroon.

The State Security Service (SSS) spokesman in Bauchi State, Kabiru Abdul Samad, who disclosed this, said the suspect was arrested on February 28, during a joint security operation.

The joint operation, according to Sa-

mad, involved the SSS, the military and the police.

He added that the rifles were hidden in a Toyota Solara car registration number AH 605 EKY, which the suspect was driving.

The SSS spokesman said Dagokol was going to Jos to deliver the arms to his customers.

Samad, who disclosed that the security operatives acted on intelligence report on the criminal activities of the suspect, explained that Dagokol confessed that he was on his sixth trip when he was arrested.

The suspect, according to Samad, started the gunrunning business in July 2013 and earned N100,000 per trip.

Dagokol told interrogators that in the past, he had delivered arms to criminal gangs in Borno, Bauchi and Plateau states.

Making the donation at the Operation Burst headquarters, Agodi, Ibadan, Abinna said the leadership of the Trust Fund would continue to assist the government in the area of security of lives and property.

Commending the officers and men of Operation Burst for their doggedness in eradicating crimes in the state, he urged them to make good use of the items.

He said: “We are aware of the good job you have done since the Trust Fund was inaugurated last year to safe our communities from hoodlums and I want to emphasise that we gave out the items as requested.

We’re after WAZOBIA presenter’s abductors – CP Joe Ezuma

Port Harcourt

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olice said yesterday they were already on the trail of abductors of a journalist with WAZOBIA FM, Port Harcourt, Mr Anthony Akatakpo alias Akas Baba.

The Rivers State Commissioner of Police, Mr Tunde Ogunsakin, disclosed this when he visited the family house of the Akatakpos.

Akatakpo

Ogunsakin said the police would do everything to effect Akatakpo’s release without ransom.

In a statement issued yesterday, the management of Steam & Globe Broadcasting and Communications Limited, owners of Cool FM, Wazobia FM and Nigeria Info, condemned Akatakpo’s abduction.

Akatakpo is the host of ‘Make Una Wake Up’ the breakfast show on Wazobia FM, Port Harcourt which is aired weekdays from 5am to 10am.

‘Make Una Wake Up’ is one of the most popular radio shows in the South-South region of the country.

The abductors invaded the broadcaster’s home in the early hours of yesterday.

The assailants beat Akatakpo said and shot him in the leg in the presence of his children and wife.

They took the victim away in his Mitsubishi Endeavour SUV with registration number LSD 871 CM. The kidnappers, according to a family source, also demanded N10 million ransom before they left.

The management of Wazobia FM, however, expressed optimism about the release of the broadcaster.

Bauchi residents groan as fuel scarcity bites harder Muhammed Sani Bauchi

T

he effect of scarcity of petrol, which began about two weeks in Bauchi State, is taking its tolls on the residents of Bauchi metropolis.

The shortage has crippled social and business activities in the state capital and its environs.

Investigation shows that only A. A. Rano Filling Station near Kofar Nasarawa roundabout and Magaji Filling Station on Maiduguri byepass sell the product. It was discovered that the product is sold at the two stations for N140 and N145 per litre respectively, whereas a gallon goes for N1,000 or more at the black market.

A commercial vehicle driver, who gave his name as Ibrahim Garba, explained that to get

petrol at N150 per litre, the person must be in a queue for several hours.

A source at the Nigerian National Petroleum Corporation (NNPC) Mega Station on Maiduguri bye-pass disclosed that it might take up to four more days before the station could take delivery of fuel.

He said that loading of fuel at either Lagos or Port Harcourt was expected yesterday night.

The source added that even if it was loaded, it could take three days to reach Bauchi State.

Already, commuters and other residents of Bauchi metropolis are groaning because of the hike in transport fares. The situation was mad worse because many civil servants had not been paid last month’s salary.

A fuel station in Bauchi yesterday

PHOTO: MUHAMMED SANI

46 business | FINANCIAL MARKET NEWS

Sanctity of Truth

Friday, March 14, 2014

FMDQ Daily Quotations List

13-Mar-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.

Bonds

FGN Bonds Issuer

Rating/Agency

NA

FGN

Description

Price

Issue Date

Coupon (%)

Outstanding Value (N'bn)

Maturity Date

TTM (Yrs)

Bid Yield (%)

Offer Yield (%)

Bid Price

Offer Price

18-Mar-11 31-Mar-07 29-Jun-07 28-Sep-07 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 28-Nov-08 22-May-09 20-Nov-09 23-Jul-10

10.50 10.75 9.20 9.25 4.00 13.05 15.10 9.85 9.35 10.70 16.00 7.00 16.39 15.00 12.49 8.50 10.00

320.00 35.00 45.00 100.00 535.00 327.47 452.80 20.00 100.00 300.00 351.30 233.90 600.00 75.00 150.00 200.00 591.57

18-Mar-14 31-Mar-14 29-Jun-14 28-Sep-14 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 28-Nov-28 22-May-29 20-Nov-29 23-Jul-30

0.01 0.05 0.30 0.55 1.11 2.43 3.12 3.37 3.47 4.21 5.30 5.61 7.88 14.71 15.19 15.69 16.36

13.44 13.48 13.79 14.41 14.28 14.21 14.12 14.03 14.02 14.02 14.09 14.00 14.03 13.66 13.64 13.62 13.64

3.10 10.57 13.27 14.10 14.11 14.14 14.00 13.90 13.90 13.91 14.01 13.91 13.97 13.62 13.59 13.55 13.58

99.95 99.83 98.62 97.39 89.75 97.65 102.35 89.04 87.50 89.66 106.90 73.37 111.00 108.34 92.67 67.15 76.35

100.10 99.98 98.77 97.54 89.90 97.80 102.65 89.34 87.80 89.96 107.20 73.67 111.30 108.64 92.97 67.45 76.65

10.50 18-MAR-2014 10.75 31-MAR-2014 9.20 29-JUN-2014 9.25 28-SEP-2014 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 15.00 28-NOV-2028 12.49 22-MAY-2029 8.50 20-NOV-2029 10.00 23-JUL-2030

TOTAL OUTSTANDING VALUE

4,437.04

Rating/Agency

Issuer

Agency Bonds AMCON FMBN

NA

***LCRM

Description

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

Issue Date

Coupon (%)

Issue 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 6.00 112.22 116.70 66.49

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

0.64 1.20 1.56 2.74 3.10 3.32

1.00 2.63 2.27 2.00 1.49 1.00

15.49 17.31 16.70 16.05 15.52 15.03

90.99 81.95 100.83 89.10 86.17 84.66

05-Aug-14 15-Oct-14 31-Aug-15 30-Sep-15 30-Jun-16 30-Jun-16 19-Apr-17 30-Jun-17 31-Dec-17 30-Sep-18 04-Oct-18 09-Dec-18 12-Dec-18 14-Feb-19 02-Oct-19 22-Nov-19 12-Dec-19 30-Sep-20 27-Nov-20 31-Dec-20 06-Jan-21

0.40 0.59 1.47 0.84 1.37 1.38 3.10 1.93 3.80 2.58 4.56 2.78 2.78 3.36 3.24 5.70 3.39 4.10 6.71 4.11 4.15

4.88 5.99 4.44 3.23 4.46 3.48 5.59 7.60 1.79 1.80 1.00 1.00 1.21 1.00 2.46 1.94 2.74 2.74 1.00 1.44 1.95

19.03 20.44 18.93 17.90 19.02 18.04 19.62 21.78 15.81 15.87 15.01 15.05 15.26 15.03 16.49 15.94 16.76 16.76 14.99 15.46 15.97

98.03 96.53 92.07 95.77 94.41 97.35 78.37 88.20 94.90 96.18 96.71 98.99 104.57 98.71 97.69 94.67 95.12 94.38 93.78 101.90 101.55

1,304.32

Sub-National Bonds Bbb-/Agusto A-/GCR A+/Agusto A/Agusto Nil A+/Agusto A+/Agusto; A+/GCR A-/Agusto A/Agusto A+/Agusto; A+/GCR Bb+/Agusto; A-/GCR A/Agusto; A-/GCR† A-/Agusto A/Agusto; A-/GCR A/Agusto; A-/GCR Aa-/Agusto; AA-/GCR A/Agusto; A-/GCR A/Agusto Aa-/Agusto; AA-/GCR A/Agusto A-/GCR

KWARA NIGER KADUNA *EBONYI *BENUE *IMO LAGOS *BAYELSA EDO *DELTA NIGER *EKITI *NIGER *ONDO *GOMBE LAGOS *OSUN *OSUN LAGOS *EKITI *NASARAWA

14.00 KWARA 5-AUG-2014 14.00 NIGER 15-OCT-2014 12.50 KADUNA 31-AUG-2015 13.00 EBONYI 30-SEP-2015 14.00 BENUE 30-JUN-2016 15.50 IMO 30-JUN-2016 10.00 LAGOS 19-APR-2017 13.75 BAYELSA 30-JUN-2017 14.00 EDO 31-DEC-2017 14.00 DELTA 30-SEP-2018 14.00 NIGER II 4-OCT-2018 14.50 EKITI 09-DEC-2018 14.00 NIGER III 12-DEC-2018 15.50 ONDO 14-FEB-2019 15.50 GOMBE 02-OCT-2019 14.50 LAGOS 22-NOV-2019 14.75 OSUN 12-DEC-2019 14.75 OSUN II 30-SEP-2020 13.50 LAGOS IV 27-NOV-2020 14.50 EKITI II 31-DEC-2020 15.00 NASARAWA 06-JAN-2021

05-Aug-09 15-Oct-09 31-Aug-10 30-Sep-10 30-Jun-11 30-Jun-09 19-Apr-10 30-Jun-10 30-Dec-10 30-Sep-11 04-Oct-11 09-Dec-11 12-Dec-13 14-Feb-12 02-Oct-12 22-Nov-12 12-Dec-12 30-Sep-13 27-Nov-13 31-Dec-13 06-Jan-14

14.00 14.00 12.50 13.00 14.00 15.50 10.00 13.75 14.00 14.00 14.00 14.50 14.00 15.50 15.50 14.50 14.75 14.75 13.50 14.50 15.00

17.00 6.00 8.50 16.50 13.00 18.50 57.00 50.00 25.00 50.00 9.00 20.00 12.00 27.00 20.00 80.00 30.00 11.40 87.00 5.00 5.00

TOTAL OUTSTANDING VALUE

567.90

Corporate Bonds A+/Agusto; AA/GCR

LAFARGE WAPCO

Aa/Agusto Nil Bbb+/Agusto A-/Agusto

GTB µ NGC

BB+/GCR A+/Agusto; A-/GCR

*CHELLARAMS NAHCO FSDH

A-/Agusto A/GCR BBB-/GCR BBB+/DataPro; BB+/GCR A-/DataPro; BB-/GCR AAA/DataPro; A+/GCR A/Agusto; A/GCR Bbb+/Agusto; BBB+/GCR BB+/DataPro; BB+/GCR A+/Agusto; A-/GCR

*UPDC *FLOURMILLS

UBA *C & I LEASING *DANA# *TOWER *TOWER

# #

11.50 LAFARGE WAPCO 7-OCT 2014 13.50 GUARANTY TRUST 18-DEC-2014 17.00 NGC 31-DEC-2014 10.00 UPDC 17-AUG-2015 12.00 FLOURMILLS 9-DEC-2015 14.00 CHELLARAMS 06-JAN-2016 13.00 NAHCO 29-SEP-2016 14.25 FSDH 25-OCT-2016 13.00 UBA 30-SEP-2017 18.00 C&I LEASING 30-NOV-2017 MPR+7.00 DANA 9-APR-2018 MPR+7.00 TOWER 9-SEP-2018 MPR+5.25 TOWER 9-SEP-2018 14.00 UBA II 22-SEP-2018

UBA *LA CASERA *CHELLARAMS#

15.75 LA CASERA 18-OCT-2018 MPR+5.00 CHELLARAMS II 17-FEB-2019

NAHCO

15.25 NAHCO II 14-NOV-2020

IFC

10.20 IFC 11-FEB-2018

07-Oct-11

11.50

11.80

07-Oct-14

0.57

1.00

15.43

97.91

18-Dec-09

13.50

13.17

18-Dec-14

0.77

5.21

19.82

95.62

01-Apr-10 17-Aug-10 09-Dec-10

17.00 10.00 12.00

2.00 15.00 37.50

31-Dec-14 17-Aug-15 09-Dec-15

0.80 0.95 1.03

8.71 4.88 1.00

23.35 19.65 15.80

95.48 92.13 96.69

06-Jan-11 29-Sep-11

14.00 13.00

1.50 15.00

06-Jan-16 29-Sep-16

1.11 2.55

2.63 1.00

17.37 15.07

97.04 95.73

25-Oct-13

14.25

5.53

25-Oct-16

2.62

1.34

15.41

97.53

30-Sep-10 30-Nov-12 09-Apr-11

13.00 18.00 16.00

20.00 0.94 8.01

30-Sep-17 30-Nov-17 09-Apr-18

3.55 2.17 2.07

4.52 1.88 3.48

18.54 15.99 17.60

86.01 104.66 97.38

09-Sep-11

18.00

3.63

09-Sep-18

2.49

5.20

19.28

97.70

09-Sep-11 22-Sep-11

16.00 14.00

1.00 35.00

09-Sep-18 22-Sep-18

2.49 4.53

5.06 3.06

19.14 17.07

101.76 90.56

18-Oct-13 17-Feb-12

15.75 17.00

3.00 0.54

18-Oct-18 17-Feb-19

2.35 2.68

2.29 6.11

16.38 20.17

98.96 94.10

14-Nov-13

15.25

2.05

14-Nov-20

6.67

2.76

16.75

94.05

11-Feb-18

3.92

1.00

15.02

86.08

Bid Price

Offer Price

TOTAL OUTSTANDING VALUE

175.67

Supranational Bond AAA/S&P

11-Feb-13

10.20

12.00

TOTAL OUTSTANDING VALUE Rating/Agency

12.00 Issuer

Description

Issue Date

Coupon (%)

Issue Value ($'mm)

Maturity Date

Bid Yield (%)

Offer Yield (%)

6.75 JAN 28, 2021

07-Oct-11

6.75

500.00

28-Jan-21

5.70

5.55

105.88

106.76

5.13 JUL 12, 2018

18-Dec-09

5.13

500.00

12-Jul-18

4.82

4.63

101.17

101.93

6.38 JUL 12, 2023

01-Apr-10

6.38

500.00

12-Jul-23

6.12

5.99

101.81

102.70

FGN Eurobonds

Prices & Yields

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

FGN

TOTAL OUTSTANDING VALUE

1,500.00

Corporate Eurobonds Afren PLC I

11.50 FEB 01, 2016

01-Feb-11

11.50

450.00

01-Feb-16

3.92

3.33

113.53

114.69

GTBank PLC I

7.50 MAY 19, 2016

19-May-11

7.50

500.00

19-May-16

5.36

4.71

104.33

105.69

GTBank PLC II

6.00 NOV 08, 2018

08-Nov-13

6.00

400.00

08-Nov-18

6.38

6.06

98.47

99.74

B+/S&P

Access Bank PLC

7.25 JUL 25, 2017

25-Jul-12

7.25

350.00

25-Jul-17

7.22

6.83

100.07

101.22

B/S&P; B/Fitch

Fidelity Bank PLC

6.88 MAY 09, 2018

09-May-13

6.88

300.00

02-May-18

8.44

8.06

94.63

95.88

B/Fitch

Afren PLC II

10.25 APR 08, 2019

08-Apr-12

10.25

300.00

08-Apr-19

5.27

4.69

114.19

115.43

B/S&P; B-/Fitch

First Bank PLC

8.25 AUG 07, 2020

07-Aug-13

8.25

300.00

07-Aug-20

7.41

6.87

103.10

105.14

B+/S&P; B+/Fitch

Afren PLC III

6.63 DEC 09, 2020

09-Dec-13

6.63

360.00

09-Dec-20

6.58

6.32

100.16

101.21

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

TOTAL OUTSTANDING VALUE

2,960.00

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

FIXINGS Maturity 20-Mar-14 27-Mar-14 3-Apr-14 10-Apr-14 17-Apr-14 24-Apr-14 8-May-14 15-May-14

Bid Discount (%) 12.50 12.90 13.00 13.00 13.00 13.05 13.00 13.05

Offer Discount (%) 12.25 12.65 12.75 12.75 12.75 12.80 12.75 12.80

Bid Yield (%) 12.53 12.96 13.10 13.13 13.16 13.25 13.26 13.35

Tenor CALL 7 DAYS 30 DAYS 60 DAYS 90 DAYS 180 DAYS 365 DAYS

NIBOR

Money Market Rate (%) 13.9583 14.2500 14.6250 14.9167 15.2917 15.5417 15.7917

Foreign Exchange (Spot & Forwards)

Tenor

Rate (%)

OBB

13.00

Tenor

Bid ($/N)

Offer ($/N)

O/N

13.39

Spot 7D 14D 1M 2M 3M

164.64 165.05 165.31 165.94 166.89 168.74

164.74 165.33 165.70 166.69 168.44 171.44

Tenor Call 1M

REPO

Rate (%) 13.17 14.17

(Yrs)

Agency Bonds AMCON FMBN

NA

***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

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

TOTAL OUTSTANDING VALUE

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

978.35 24.56 6.00 112.22 116.70 66.49

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

0.64 1.20 1.56 2.74 3.10 3.32

(%) 1.00 2.63 2.27 2.00 1.49 1.00

Yield (%)

Price

15.49 17.31 16.70 16.05 15.52 15.03

90.99 81.95 100.83 89.10 86.17 84.66

1,304.32

Sub-National Bonds Friday, March 14, 2014 Bbb-/Agusto

business | FINANCIAL MARKET NEWS

Sanctity of Truth

KWARA A-/GCR NIGER A+/Agusto KADUNA A/Agusto *EBONYI Nil *BENUE A+/Agusto *IMO A+/Agusto; A+/GCR LAGOS A-/Agusto *BAYELSA A/Agusto EDO A+/Agusto; A+/GCR *DELTA Bb+/Agusto; A-/GCR NIGER A/Agusto; A-/GCR† *EKITI A-/Agusto *NIGER A/Agusto; A-/GCR *ONDO A/Agusto; A-/GCR *GOMBE Aa-/Agusto; AA-/GCR LAGOS A/Agusto; A-/GCR *OSUN resident Goodluck JonaA/Agusto *OSUN than has described Aa-/Agusto; AA-/GCR LAGOS Ogun A/Agusto *EKITI indusState as the most A-/GCR *NASARAWA

14.00 KWARA 5-AUG-2014 14.00 NIGER 15-OCT-2014 12.50 KADUNA 31-AUG-2015 13.00 EBONYI 30-SEP-2015 14.00 BENUE 30-JUN-2016 15.50 IMO 30-JUN-2016 10.00 LAGOS 19-APR-2017 13.75 BAYELSA 30-JUN-2017 14.00 EDO 31-DEC-2017 14.00 DELTA 30-SEP-2018 14.00 NIGER II 4-OCT-2018 14.50 EKITI 09-DEC-2018 14.00 NIGER III 12-DEC-2018 15.50 ONDO 14-FEB-2019 15.50 GOMBE 02-OCT-2019 14.50 LAGOS 22-NOV-2019 14.75 OSUN 12-DEC-2019 14.75 OSUN II 30-SEP-2020 13.50 LAGOS IV 27-NOV-2020 14.50 EKITI II 31-DEC-2020 15.00 NASARAWA 06-JAN-2021

17.00 05-Aug-14 0.40 6.00 15-Oct-14 0.59 8.50 31-Aug-15 1.47 16.50 30-Sep-15 0.84 13.00 30-Jun-16 1.37 18.50 speculators 30-Jun-16 slow down to 1.38 pick 57.00 19-Apr-17 3.10 profits.

50.00 30-Jun-17 1.93 25.00Specifically, 31-Dec-17 the NSE 3.80 All50.00 30-Sep-18 2.58 Share Index depreciated by 9.00 04-Oct-18 4.56 20.00 646.65 basis 09-Dec-18 points or 1.682.78 per 12.00 12-Dec-18 2.78 cent to close on yesterday at 27.00 14-Feb-19 3.36 38,503.65 as against 39,150.30 20.00 02-Oct-19 3.24 80.00 recorded the22-Nov-19 previous day5.70 .

30.00 12-Dec-19 3.39 The market capitalisation 11.40 30-Sep-20 4.10 87.00 6.71 of equities 27-Nov-20 equally plummet 5.00 31-Dec-20 4.11 by N208 billion or 1.68 per 5.00 06-Jan-21 4.15

4.88 19.03 98.03 5.99 20.44 96.53 4.44 18.93 92.07 3.23 17.90 95.77 4.46 19.02 94.41 3.48 97.35 Similarly,18.04 Eterna Oil Com5.59 19.62 78.37 pany added 4.25 per cent to 7.60 21.78 88.20 1.79 at N3.70.

15.81 94.90 close 1.80 15.87 96.18 NPF Micro Finance96.71 Bank 1.00 15.01 1.00 15.05 98.99 followed with a gain of 4 per 1.21 15.26 104.57 cent to close at 78 kobo per 1.00 15.03 98.71 share while Oasis Insurance 2.46 16.49 97.69 1.94 15.9456 kobo 94.67 appreciated by to close 2.74 16.76 95.12 at 2.74 N3.70.

16.76 94.38 1.00 93.78 Reversing14.99 yesterday's gains, 1.44 15.46 101.90 shares of Cutix Nigeria Plc 1.95 15.97 101.55

09-Apr-11 16.00 09-Sep-11 18.00 09-Sep-11 16.00 22-Sep-11 14.00 18-Oct-13 15.75 n a 17-Feb-12 bid to deepen17.00 the local 14-Nov-13 15.25materigeneration of raw

8.01 09-Apr-18 2.07 3.63 09-Sep-18 2.49 1.00 09-Sep-18 2.49 35.00 22-Sep-18 4.53 3.00 18-Oct-18 2.35 to that most of2.68the 0.54make sure 17-Feb-19 2.05 materials 14-Nov-20 6.67 raw that were being

3.48 17.60 97.38 5.20 19.28 97.70 5.06 19.14 101.76 3.06 17.07 90.56 2.29 16.38 98.96 company will continue94.10 to dou6.11 20.17 16.75and ensure 94.05 imble2.76 its capacity

Ogun, most industrially Investors lose N208bn developed state –Jonathan Stories by Chris Ugwu DEVELOPMENT

Ogun State is leading the way.

P

trially developed state in TOTAL OUTSTANDING VALUE the country.

Corporate Bonds He said this at the commisA+/Agusto; AA/GCR LAFARGE WAPCO sioning of the Procter and Aa/Agusto GTB µ NGC Nil Gamble multi-million dollar Bbb+/Agusto *UPDC plant in Agbara, Ogun State.

A-/Agusto *FLOURMILLS BB+/GCR *CHELLARAMS He attributed the state's A+/Agusto; A-/GCR NAHCO new status to the economic A-/Agusto FSDH plan Ibikunle A/GCRof the Senator UBA BBB-/GCR *C & I LEASING Amosun-led administration. # BBB+/DataPro; BB+/GCR *DANA The President expressed # A-/DataPro; BB-/GCR also*TOWER # AAA/DataPro; A+/GCR of the *TOWER the readiness Federal A/Agusto; A/GCR UBA Government to partner with Bbb+/Agusto; BBB+/GCR *LA CASERA # the state government in its reBB+/DataPro; BB+/GCR *CHELLARAMS A+/Agusto; A-/GCR building mission. NAHCO TOTAL OUTSTANDING VALUE Jonathan, who was repreSupranational BondPresident Nasented

by Vice AAA/S&P IFC that the madi Sambo, affirmed TOTAL OUTSTANDING VALUE Amosun-led administration is creating a conducive environRating/Agency Issuer ment for business to thrive in FGN Eurobonds the state.

BB-/Fitch; B+/S&P Ogun State is the "I believe most industrially developed BB-/Fitch; FGN BB-/S&P state in this country . We will BB-/Fitch; BB-/S&P with you. We will work partner TOTAL OUTSTANDING with you based onVALUE synergies and policies that allow for busiCorporate Eurobonds ness to thrive", he said.

B-/S&P; B/Fitch Afren PLC I GTBank PLC I The President revealed that B+/S&P; B+/Fitch PLC II the contract for theGTBank construcB+/S&P Access Bank PLC tion of a standard Fidelity gauge fast B/S&P; B/Fitch Bank PLC train that will connect Lagos B/Fitch Afren PLC II

T

11.50 LAFARGE WAPCO 7-OCT 2014 13.50 GUARANTY TRUST 18-DEC-2014 17.00 NGC 31-DEC-2014 10.00 UPDC 17-AUG-2015 12.00 FLOURMILLS 9-DEC-2015 14.00 CHELLARAMS 06-JAN-2016 13.00 NAHCO 29-SEP-2016 Jonathan 14.25 FSDH 25-OCT-2016 13.00 UBA 30-SEP-2017 18.00 C&I LEASING 30-NOV-2017 through Ogun State to Ibadan MPR+7.00 DANA 9-APR-2018 has been awarded, MPR+7.00 TOWER 9-SEP-2018 adding: MPR+5.25 TOWER 9-SEP-2018 "Olorunsogo Power Plant in 14.00 UBA II 22-SEP-2018 Ogun has been successfully 15.75 LA CASERA 18-OCT-2018 completed and privatised".

MPR+5.00 CHELLARAMS II 17-FEB-2019 15.25 NAHCO II 14-NOV-2020

While pointing out that plans for the long awaited Lagos-Sokoto Road had reached IFC 11-FEB-2018 an10.20 advanced stage, the president emphasised that, its designs are beingDescription completed and the work will be executed under a Public Private Partner6.75 JAN 28, 2021 ship arrangement.

In his remarks, dis5.13 JUL Amosun 12, 2018 closed that the commissioning 6.38 JUL 12, 2023 was the 43rd he would be performing in less than three years of his administration, stating 11.50 commissioned FEB 01, 2016 that the newly 7.50 MAY 19, 2016 investmulti -million dollar NOV 08, 2018 ment would 6.00 create 2000 direct 7.25 JUL 25, 2017 and indirect6.88 jobMAY opportunities 09, 2018 10.25 08, state.

2019 for the people ofAPR the

47

05-Aug-09 14.00 15-Oct-09 14.00 31-Aug-10 12.50 30-Sep-10 13.00 30-Jun-11 14.00 30-Jun-09 15.50 19-Apr-10 10.00 30-Jun-10 13.75 30-Dec-10 14.00 30-Sep-11 14.00 he Nigerian stock market 04-Oct-11 14.00 09-Dec-11 14.50 contindegenerated from 12-Dec-13 ued sell offs as 14.00 the bears 14-Feb-12 15.50 overshadowed the bulls 02-Oct-12 15.50 , lead22-Nov-12 14.50in most ing to share decline 12-Dec-12 14.75 blue 30-Sep-13 chip companies.

14.75 27-Nov-13 13.50 By close of business, the 14.50 twin31-Dec-13 overall market perfor06-Jan-14 15.00

mance measures, the NSE 567.90 cent to close at N12.367 trillion ASI and market capitalisation, from N12.575 trillion recorded the previous07-Oct-14 day. sank07-Oct-11 lower by 1.68 per 11.50 cent.

11.80 0.57 18-Dec-09 operators 13.50 18-Dec-14 0.77 Market had pre- 13.17At the close of trading seven 01-Apr-10 17.00 2.00 31-Dec-14 dicted that the bullish trend stocks appreciated in price0.80 dur17-Aug-10 10.00 15.00 17-Aug-15 0.95 that 09-Dec-10 was recorded during the ing the day as against 48 others 12.00 37.50 09-Dec-15 1.03 06-Jan-11 14.00 in the 1.50 depreciated 06-Jan-16 first two days of trading that in value.1.11 29-Sep-11 13.00 15.00 29-Sep-16 2.55 advanced2.62 by 5 week25-Oct-13 would trigger14.25 profit-tak- 5.53AG Leventis 25-Oct-16 ing and impact negatively on per cent to close at N1.47 per 30-Sep-10 13.00 20.00 30-Sep-17 3.55 30-Nov-12 18.00 0.94 30-Nov-17 2.17 the stock market when market share.

depreciated by 9.23 per cent to close at N1.77 a share. UBN followed with 5.90 per 97.91 cent to 1.00 15.43 5.21 at N10.05 19.82 per share.

95.62 Peclose 8.71 23.35 95.48 troleum marketing company, 4.88 19.65 92.13 Oando Plc depreciated by 5.40 1.00 15.80 96.69 2.63 17.37 at N16.63 97.04 per per cent to close 1.00 15.07 95.73 share.

1.34 15.41 97.53 Learn Africa 4.52 18.54 shed 4.97 86.01 per 1.88 15.99 104.66 cent to close at N1.72 per share.

Dangote Sugar to seek FG support on local content

I

als for the real sector of the 175.67 imported into Nigeria were economy and ensure the reali- made available locally, and this 11-Feb-13 10.20 11-Feb-18 3.92 sation of the national sugar 12.00 would save cost of importation master plan, Dangote Sugar 12.00 for both manufacturing comRefinery Plc saidCoupon it will push panies, individuals and the Issue Date (%) Issue Value ($'mm) Maturity Date Bid Yield (%) for support from the Federal nation in general,'' Clark said.

Government of Nigeria on loHe noted that Nigeria is 07-Oct-11 6.75 500.00 28-Jan-21 cal content. richly blessed in terms of5.70agMr. Graham Clark, group riculture and natural resourc18-Dec-09 5.13 500.00 12-Jul-18 4.82 managing director (GMD) of es, which if are well utilised, 01-Apr-10 6.38 500.00 12-Jul-23 6.12 the company, said this said would grow the economy.

"Dangote Sugar would play while on a courtesy visit at 1,500.00 the Nigerian stock exchange its part in growing the sugar 01-Feb-11 11.50 450.00 (NSE). industry in01-Feb-16 Nigeria and 3.92 in 19-May-16 5.36atHe19-May-11 said that the7.50support 500.00 making agriculture more 08-Nov-13 6.00 6.38 would enhance local genera- 400.00 tractive to 08-Nov-18 the citizens,'' he 25-Jul-12 7.25 350.00 25-Jul-17 7.22 tion 09-May-13 of raw materials in Nigesaid.

6.88 300.00 02-May-18 8.44 08-Apr-12 ria ''Dangote Sugar 10.25 is working 300.00Clark also08-Apr-19 affirmed that the 5.27

proved returns to investors of the company, consumers and 1.00 15.02 86.08 other stakeholders Speaking at the equipment handover ceremony at Tin Can Island Offer Yield (%) Bid Price Offer Price Port Complex, Apapa, Lagos, Prices &the Yields Nigeria, Group Managing 5.55 105.88 106.76 Director of Panafrican Equipment, Scott McCaw, described 4.63 101.17 101.93 the sale as a 'landmark sale' .

101.81 5.99 102.70 He added that it is Panafrican's biggest deal within the agricultural sector and in Africa.

3.33 He opined 113.53 that the 114.69sale 104.33 the Nigerian 105.69 is 4.71 in line with 6.06 98.47 99.74 2010 transformation agenda 6.83 100.07 101.22 to8.06 drive growth in the agricul94.63 95.88 tural 4.69 sector.114.19 115.43

B/S&P; B-/Fitch

First Bank PLC

8.25 AUG 07, 2020

07-Aug-13

8.25

300.00

07-Aug-20

7.41

6.87

103.10

105.14

B+/S&P; B+/Fitch

Afren PLC III

6.63 DEC 09, 2020

09-Dec-13

6.63

360.00

09-Dec-20

6.58

6.32

100.16

101.21

TOTAL OUTSTANDING VALUE

FMDQ Daily Quotations List

2,960.00

13-Mar-14

The FMDQBills 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 **Treasury FIXINGS Money Market Foreign Exchange (Spot & Forwards) Statement. the FMDQDTM OTC PLC Terms of Maturity Use and Disclaimer NIBOR Bid Discount (%) Offer Discount (%) Bid Yield (%) Tenor Rate (%)

7 14 21 FGN Bonds 28 35 Rating/Agency 42 56 63 70 77 84 98 105 112 119 126 NA 147 175 266 301 315 329 343 357

20-Mar-14 27-Mar-14 3-Apr-14 10-Apr-14 17-Apr-14 Issuer 24-Apr-14 8-May-14 15-May-14 22-May-14 29-May-14 5-Jun-14 19-Jun-14 26-Jun-14 3-Jul-14 10-Jul-14 17-Jul-14 FGN 7-Aug-14 4-Sep-14 4-Dec-14 8-Jan-15 22-Jan-15 5-Feb-15 19-Feb-15 5-Mar-15

12.50 12.90 13.00 13.00 13.00 Description 13.05 13.00 10.50 18-MAR-2014 13.05 10.75 31-MAR-2014 13.00 9.20 29-JUN-2014 13.00 13.00 9.25 28-SEP-2014 13.00 4.00 23-APR-2015 13.05 13.05 16-AUG-2016 13.40 15.10 27-APR-2017 13.40 9.85 27-JUL-2017 13.40 9.35 31-AUG-2017 13.40 10.70 30-MAY-2018 13.40 16.00 29-JUN-2019 12.85 7.00 23-OCT-2019 13.30 16.39 27-JAN-2022 13.30 15.00 28-NOV-2028 13.30 13.35 12.49 22-MAY-2029 13.45 8.50 20-NOV-2029 10.00 23-JUL-2030

12.25 12.65 12.75 12.75 12.75 Issue Date 12.80 12.75 18-Mar-11 12.80 31-Mar-07 12.75 29-Jun-07 12.75 12.75 28-Sep-07 12.75 23-Apr-10 12.80 16-Aug-13 13.15 27-Apr-12 13.15 27-Jul-07 13.15 31-Aug-07 13.15 30-May-08 13.15 29-Jun-12 12.60 23-Oct-09 13.05 27-Jan-12 13.05 28-Nov-08 13.05 13.10 22-May-09 13.20 20-Nov-09 23-Jul-10

12.53 12.96 13.10 13.13 13.16 Coupon 13.25 (%) 13.26 10.50 13.35 10.75 13.33 9.20 13.37 13.40 9.25 13.47 4.00 13.56 13.05 13.97 15.10 14.01 9.85 14.05 9.35 14.16 10.70 14.32 16.00 14.18 7.00 14.94 16.39 15.02 15.00 15.11 15.27 12.49 15.49 8.50 10.00

Tenor Rate (%) CALL 13.9583 7 DAYS 14.2500 30 DAYS 14.6250 60 DAYSValue 14.9167 Outstanding Maturity Date 90 DAYS 15.2917 (N'bn) 180 DAYS 15.5417 320.00 18-Mar-14 365 DAYS 15.7917 35.00 31-Mar-14 45.00 29-Jun-14 NITTY 28-Sep-14 100.00 Tenor Rate (%) 535.00 23-Apr-15 1M 13.1404 327.47 16-Aug-16 2M 13.2889 452.80 27-Apr-17 3M 13.4355 20.00 27-Jul-17 6M 14.3459 100.00 31-Aug-17 9M 14.9245 300.00 30-May-18 12M 15.5595 351.30 29-Jun-19 233.90 23-Oct-19 600.00 27-Jan-22 NIFEX 75.00 28-Nov-28 Current Price ($/N) 150.00 22-May-29 BID($/N)200.00 165.0850 20-Nov-29 OFFER ($/N) 165.1850 591.57 23-Jul-30

Bonds

TOTAL OUTSTANDING VALUE

4,437.04

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

OBB

13.00

Spot O/N 13.39 7D REPO 14D Offer Yield TTM (Yrs) Bid Yield (%) Tenor Rate (%) 1M (%) Call 13.17 2M 0.01 13.44 3.10 1M 14.17 3M 0.05 13.48 10.57 3M 14.67 6M 0.30 13.79 13.27 6M 15.00 1Y 0.55 14.41 14.10 14.28 14.11 NOTE: 1.11 2.43 14.21 14.14 :Benchmarks 3.12 14.12 14.00 * :Amortising 3.37 Bond 14.03 13.90 µ :Convertible Bond 3.47 14.02 13.90 AMCON: Asset Management Corporation of Nigeria 4.21 14.02 13.91 FGN: Federal Government of Nigeria 5.30 Mortgage Bank 14.09 14.01 FMBN: Federal of Nigeria 5.61 14.00 13.91 IFC: International Finance Corporation 7.88 Contractors Receivables 14.03 13.97 LCRM: Local Management 13.66 Company13.62 NAHCO: 14.71 Nigerian Aviation Handling NGC: Nigeria-German Company 15.19 13.64 13.59 UBA: United 15.69Bank for Africa 13.62 13.55 UPDC: UAC Property Development 16.36 13.64 Company 13.58 WAPCO:West Africa Portland Cement Company

#

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

Agency Bonds AMCON FMBN

NA

***LCRM Modified Duration Buckets

Issue Date

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 Porfolio Market Total Outstanding 0.00/16.50 LCRM III 06-JUL-2017 Volume(Bn) Value(Bn)

TOTAL OUTSTANDING VALUE Sub-National Bonds Bbb-/Agusto A-/GCR A+/Agusto A/Agusto Nil A+/Agusto A+/Agusto; A+/GCR A-/Agusto A/Agusto A+/Agusto; A+/GCR Bb+/Agusto; A-/GCR A/Agusto; A-/GCR† A-/Agusto A/Agusto; A-/GCR

<3 3<5 KWARA >5 NIGER Market KADUNA *EBONYI *BENUE *IMO LAGOS *BAYELSA EDO *DELTA NIGER *EKITI *NIGER *ONDO

28-Dec-11 24-May-10 03-Apr-12 09-Dec-11 20-Apr-12by Weighting Outstanding 06-Jul-12Vol

Tenor

Bid ($/N)

Offer ($/N)

164.64 Price 164.74 165.05 165.33 165.31 165.70 Offer Price Bid Price 165.94 166.69 166.89 168.44 99.95 100.10 168.74 171.44 99.83 99.98 172.24 176.47 98.62 98.77 179.20 188.44 97.39 97.54 89.75 89.90 97.65 97.80 NA :Not Applicable 102.35 102.65 # :Floating 89.04Rate Bond 89.34 ***: Deferred coupon bonds 87.50 87.80 89.66 89.96 †: Bond rating expired 106.90 107.20 73.37 73.67 111.00 111.30 108.34 108.64 92.67 92.97 67.15 67.45 76.35 76.65

Coupon (%)

Issue Value (N'bn)

Maturity Date

Avg. Life/TTM (Yrs)

# Risk Premium (%)

Valuation Yield (%)

Indicative Price

0.00

978.35

17.25 0.00/16.00 0.00/16.50 Weighting

by Mkt Value 0.00/16.50

6.00 112.22 116.70 Bucket Weighting 66.49

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

0.64 1.20 1.56 2.74 3.10 Implied Yield 3.32

1.00 2.63 2.27 2.00 1.49 Implied Portfolio 1.00Price

15.49 17.31 16.70 16.05 15.52 INDEX 15.03

90.99 81.95 100.83 89.10 YTD86.17 Return (%) 84.66

FMDQ FGN 0.00 BOND INDEX 24.56

1,304.32 1,264.53 1,039.14 14.00 KWARA 5-AUG-2014 450.48 14.00 NIGER 15-OCT-2014 2,754.15

12.50 KADUNA 31-AUG-2015 13.00 EBONYI 30-SEP-2015 14.00 BENUE 30-JUN-2016 15.50 IMO 30-JUN-2016 10.00 LAGOS 19-APR-2017 13.75 BAYELSA 30-JUN-2017 14.00 EDO 31-DEC-2017 14.00 DELTA 30-SEP-2018 14.00 NIGER II 4-OCT-2018 14.50 EKITI 09-DEC-2018 14.00 NIGER III 12-DEC-2018 15.50 ONDO 14-FEB-2019

1,315.27 951.30 591.57 2,858.14

46.02 33.28 05-Aug-09 20.70 15-Oct-09 100.00 31-Aug-10 30-Sep-10 30-Jun-11 30-Jun-09 19-Apr-10 30-Jun-10 30-Dec-10 30-Sep-11 04-Oct-11 09-Dec-11 12-Dec-13 14-Feb-12

45.91 37.73 14.00 16.36 14.00 100.00 12.50 13.00 14.00 15.50 10.00 13.75 14.00 14.00 14.00 14.50 14.00 15.50

0.46 0.33 17.00 0.21 6.00 1.00 8.50 16.50 13.00 18.50 57.00 50.00 25.00 50.00 9.00 20.00 12.00 27.00

22.51 38.38 05-Aug-14 39.11 15-Oct-14 100.00 31-Aug-15 30-Sep-15 30-Jun-16 30-Jun-16 19-Apr-17 30-Jun-17 31-Dec-17 30-Sep-18 04-Oct-18 09-Dec-18 12-Dec-18 14-Feb-19

14.13 14.10 0.40 13.68 0.59 13.94 1.47 0.84 1.37 1.38 3.10 1.93 3.80 2.58 4.56 2.78 2.78 3.36

100.5881 116.9453 4.88 82.5614 5.99 102.3013 4.44 3.23 4.46 3.48 5.59 7.60 1.79 1.80 1.00 1.00 1.21 1.00

1,017.50 990.25 19.03 999.47 20.44 995.53 18.93 17.90 19.02 18.04 19.62 21.78 15.81 15.87 15.01 15.05 15.26 15.03

1.7497 0.9751 98.03 0.0528 96.53 0.4466

92.07 95.77 94.41 97.35 78.37 88.20 94.90 96.18 96.71 98.99 104.57 98.71

48 BUSINESS | MONEY LINE

Sanctity of Truth

Friday, March 14, 2014

CBN to students: Be familiar with bank principles zzUnion Bank adopts school for financial mentorship

GIVING BACK The CBN and Union Bank are building future leaders.

man Barau, made this call yesterday during presentation to the Financial Literacy School 101 Outreach programme at the Government Science Technical College, Area 3 Garki, Abuja.

He said Nigerian students, which constitute the larger population have no option but to embrace financial literacy. ''There is no going back for you my children, but for you to learn and imbibe financial literacy, for you to know how you get and spend your money, but most frankly, you need to know

Abdulwahab Isa Abuja

T

he Central Bank of Nigeria (CBN) has urged Nigerian students to be acquainted with the workings of banks.

CBN Deputy Governor corporate services, Alhaji Sulei-

how to work for your society too'', he stressed.

The Deputy Governor said the outreach programme was to enable Nigerian students know the benefits of patronising banks. He said: ‘‘Unless we expand their scope beyond going to school, we may not be able to catch them young to embrace the concept',” he said.

This, he said, is the only way we can encourage the un-banked and bring them to financial literacy.

On cashless policy, which

the apex bank is currently prosecuting, he said the exercise has recorded successes but admitted there are persistent challenges.

In his response earlier, the Principal of the School, Mr. Idris Mohammed expressed gratitude to the CBN for the choice of the school for the campaign.

In a related development, Union Bank of Nigeria Plc also celebrated the Financial Literacy Day with the students of St. Mary’s Private School, Broad Street, Lagos.

Speaking during financial literacy training for the students, the bank’s Group Managing Director, Emeka Emuwa, expressed delight at the level of financial awareness exhibited by the school during the exercise.

He said many of the students showed high level of intelligence and understanding of simple banking transaction processes.

He advised the students to embrace savings culture and understand that earnings come through hard work.

The Union Bank said the visit kicked-off the adoption of the school by the bank in furtherance of its commitment towards financial inclusion and literacy in the country.

“The adoption of St. Mary’s

by Union Bank will involve a year-long programme of financial literacy support by the bank to the school. The visit formed part of wider activities organised by the bank in commemoration of this year’s Global Money Week,” he said.

Sterling Bank unveils books, adopt schools SUPPORT L-R: Director, Co-curricular service & technology, Lagos Eko Project, Mrs. Felicia Okonta, Group Head, Strategy & Communication, Sterling Bank plc, Shina Atilola & Principal, Vetland Junior grammar school, Ifako-Ijaye, Agege Lagos, Mr. Isaac Olatunde Adetolu, at the financial Literacy week in line with Central Bank of Nigeria (CBN) on Global Financial day at Vetland Junior grammar school, Ifako-Ijaye, Agege Lagos yesterday.

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

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

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 Bid Price 90.20 99.25 104.10 109.35 114.15 76.60

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

FX

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

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

Rate (%) 11.33 11.63

NIFEX Spot ($/N)

Bid 163.4000

Offer 163.5000 Source: FMDQ

Sterling Bank is developing its staff to teach.

S

terling Bank yesterday unveiled two books on Financial Literacy for children and adopted Vetland Junior Secondary School Agege where volunteers under the ‘Sterling Volunteers Program’ (SVP) thought students of the school.

The two books titled ‘My Little Money Book’ and ‘Funds’ were developed in line with the bank’s recently introduced “One Sterling Education!” initiative.

They are also meant to support the Financial Literacy Policy of the Central Bank of Nigeria (CBN), which is observed annually under the Global Money Week celebration.

Mr. Shina Atilola, Group Head, Strategy & Communications, who represented the Managing Director and Chief Executive officer of the of the Bank, presented the books to the Principal, Vetland Junior Grammar, Mr. Olatunde Isaac Adetolu.

He said the publication of the books is part of its Financial Literacy Framework of the bank, which articulates a multi-stakeholder approach to the delivery of financial literacy programmes across various target groups and further consolidates the Bank’s strategic focus on education and commitment to youth empowerment and development.

Atilola stated that the books will be widely distributed to students in both primary and secondary schools nationwide for maximum impact. “Already, the bank, through the “One Sterling Education” initiative has assembled a team comprising of staff trained under its Sterling Volunteers Program (SVP) who are being deployed to educate and enlighten the children on financial literacy”, he said.

He explained that the publication of the books is in line with the Corporate Social Responsibility (CSR) agenda of the bank aimed at contributing to the education and empowerment of the children.

Besides, he said that the inclusion of financial literacy into the curriculum of the Organisation for Economic Cooperation and Development (OECD) last year to evaluate its Programme for International Student Assessment (PISA), is a testimony to its relevance.

He observed that youth are beginning to make more and more financial decisions at younger ages and will also need financial skills and knowledge to be successful as adults. His words: “it is only through equipping these young persons that we can be rest assured that the future of this great country would be in the hands of financially capable leaders who are able to manage, not only their personal financial well-being but also the economy at large as future leaders”.

Daily Summary as of 13/03/2014 Sanctity of Truth

Daily Summary as of 13/03/2014 Printed 13/03/2014 14:40:06.006

Printed 13/03/2014 14:40:06.006 Friday, March 14, 2014

business | CAPITAL MARKET 49

The Nigerian Stock Market Exchange as at March 13, 2014 Daily Summary (Bonds)

Daily Summary (Equities)

No Debt Trading Activity

Activity Summary on Board EQTY

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

Daily Summary (Equities) 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

Symbol FTNCOCOA OKOMUOIL PRESCO

No. of Deals 3 53 17 73

Current Price 0.50 42.00 43.00

Quantity Traded 500,700 382,023 273,327 1,156,050

Value Traded 250,350.00 15,736,551.25 11,623,550.62 27,610,451.87

Symbol LIVESTOCK

No. of Deals 22 22

Current Price 3.69

Quantity Traded 606,578 606,578

Value Traded 2,160,303.54 2,160,303.54

1,762,628

29,770,755.41

Quantity Traded 224,809 20,000 41,553,582 144,724 41,943,115

Value Traded 317,732.60 96,200.00 170,226,830.25 9,336,856.81 179,977,619.66

41,943,115

179,977,619.66

AGRICULTURE Totals CONGLOMERATES Daily Summary as of 13/03/2014 Diversified Industries Printed 13/03/2014 14:40:06.006

A.G. LEVENTIS NIGERIA PLC. S C O A NIG. PLC. TRANSNATIONAL CORPORATION OF NIGERIA PLC U A C N PLC. Diversified Industries Totals

95 Symbol AGLEVENT SCOA TRANSCORP DailyUACN Summary

No. of Deals 5 2 243 50 (Equities) 300

Activity Summary onTotals Board EQTY CONGLOMERATES CONSTRUCTION/REAL ESTATE Published by The Nigerian Stock Exchange © Building Structure/Completion/Other COSTAIN (W A) PLC. Building Structure/Completion/Other Totals

Current Price 1.47 5.06 4.04 65.00

300

Page

1

of

Integrated Oil and Gas Services OANDO PLC Integrated Oil and Gas Services Totals Petroleum and Petroleum Products Distributors CONOIL PLC ETERNA PLC. FORTE OIL PLC. MOBIL OIL NIG PLC. MRS OIL NIGERIA PLC. TOTAL NIGERIA PLC. Daily Summary as of and 13/03/2014 Petroleum Petroleum Products Distributors Totals Printed 13/03/2014 14:40:06.006 OIL AND GAS Totals SERVICES Apparel Retailers LENNARDS (NIG) PLC. Apparel Retailers Activity Summary onTotals Board EQTY

13

Symbol COSTAIN

No. of Deals 3 3

Current Price 1.60

Quantity Traded 24,600 24,600

Value Traded 39,728.00 39,728.00

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

Symbol JBERGER ROADS

No. of Deals 1 1 2

Current Price 75.00 8.46

Quantity Traded 44 5,000 5,044

Value Traded 3,135.00 44,400.00 47,535.00

Real Estate Development UACN PROPERTY DEVELOPMENT CO. LIMITED Real Estate Development Totals

Symbol UAC-PROP

No. of Deals 12 12

Current Price 20.10

Quantity Traded 109,475 109,475

Value Traded 2,205,206.82 2,205,206.82

Real Estate Investment Trusts (REITs) Symbol UNION HOMES REAL ESTATE INVESTMENT TRUST (REIT) UHOMREIT Daily Summary of 13/03/2014 Realas Estate Investment Trusts (REITs) Totals Printed 13/03/2014 14:40:06.006 CONSTRUCTION/REAL ESTATE Totals

No. of Deals 1 1

Current Price 50.00

Quantity Traded 195 195

Value Traded 9,262.50 9,262.50

139,314

2,301,732.32

Quantity Traded 51,000 51,000

Value Traded 25,500.00 25,500.00

Symbol CHAMPION GUINNESS Symbol

No. of Deals Current Price Quantity Traded 1 14.51 1,000 166.75 Quantity Traded 170,200 No. of Deals61 Current Price

19 1 100 182

27.01 3.77 145.50

Value Traded 13,790.00 28,463,988.95 Value Traded

Symbol 7UP

No. of Deals 18 18

Current Price 86.77

Quantity Traded 32,149 32,149

Value Traded 2,914,916.25 2,914,916.25

Symbol DANGFLOUR DANGSUGAR FLOURMILL HONYFLOUR MULTITREX NASCON UNIONDICON UTC

No. of Deals 21 81 40 33 4 27 1 13 220

Current Price 9.50 10.45 76.00 3.90 0.50 12.54 13.51 0.54

Quantity Traded 88,613 3,274,752 100,042 1,396,584 19,504,584 872,772 1,000 637,022 25,875,369

Value Traded 831,651.55 34,379,211.95 7,448,157.20 5,442,060.23 9,752,292.00 10,992,711.56 12,840.00 344,804.26 69,203,728.75

Symbol No. of Deals Daily Summary (Equities)

Current Price 85.00 1,026.35

Quantity Traded 146,367 15,639 162,006

Value Traded 12,203,855.72 16,011,275.05 28,215,130.77

Page Quantity Traded 16,500 16,500

3Value Traded of 13

Quantity Traded 184,694 302,009 486,703

Value Traded 6,024,258.40 14,064,177.39 20,088,435.79

27,853,916

276,808,920.54

CONSUMER GOODS Automobiles/Auto Parts DN TYRE & RUBBER PLC Automobiles/Auto Parts Totals

Activity Summary on Board EQTY Beverages--Brewers/Distillers CONSUMER GOODS CHAMPION BREW. PLC. GUINNESS NIG PLC Beverages--Brewers/Distillers

INTERNATIONAL BREWERIES PLC. Published by The Nigerian Stock Exchange © JOS INT. BREWERIES PLC. NIGERIAN BREW. PLC. Beverages--Brewers/Distillers Totals Beverages--Non-Alcoholic 7-UP BOTTLING COMP. PLC. Beverages--Non-Alcoholic Totals Food Products DANGOTE FLOUR MILLS PLC DANGOTE SUGAR REFINERY PLC FLOUR MILLS NIG. PLC. HONEYWELL FLOUR MILL PLC MULTI-TREX INTEGRATED FOODS PLC Daily Summary as of 13/03/2014 NATIONAL SALT CO. NIG. PLC UNION14:40:06.006 DICON SALT PLC. Printed 13/03/2014 U T C NIG. PLC. Food Products Totals Food Products--Diversified CADBURY NIGERIA PLC. NESTLE NIGERIA PLC. Activity on Board EQTY FoodSummary Products--Diversified Totals

CONSUMER GOODS

Household Durables Published by The Nigerian Stock Exchange © VITAFOAM NIG PLC. Household Durables Totals

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

Symbol DUNLOP

INTBREW JOSBREW NB

Current Price 0.50

CADBURY NESTLE

56 35 91

Symbol VITAFOAM

No. of Deals 9 9

Current Price 4.50

No. of Deals 38 62 100

Current Price 34.00 47.00

Symbol PZ UNILEVER

CONSUMER GOODS Totals

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

No. of Deals 1 1

Daily Summary (Equities)

621

Daily Summary as of 13/03/2014 Printed 13/03/2014 14:40:06.006

FINANCIAL SERVICES Banking ACCESS BANK PLC. DIAMOND BANK PLC ECOBANK TRANSNATIONAL INCORPORATED FIDELITY BANK PLC Activity Summary on Board EQTY GUARANTY TRUST BANK PLC. SKYE BANK PLC FINANCIAL SERVICES STERLING BANK PLC. Banking

18

226,944 Page 50 831,995 1,230,189

Symbol No. of Deals Current Price Quantity Traded ACCESS 166 7.52 10,268,301 DIAMONDBNK 66 6.50 5,773,455 Daily Summary (Equities) ETI 49 14.00 423,319 FIDELITYBK 83 2.24 5,634,892 GUARANTY 214 24.30 4,390,010 SKYEBANK 124 3.77 4,840,303 STERLNBANK 46 2.26 6,696,222 Symbol No. of Deals Current Price Quantity Traded UBA 234 7.24 15,273,536 UBN 61 10.05 620,369 UNITYBNK 10 0.50 924,757 WEMABANK 30 1.07 885,496 ZENITHBANK 273 22.08 9,203,194 1,356 64,933,854

Insurance Carriers, Brokers and Services Symbol No. of Deals Current Price Published by The Nigerian Stock Exchange © AFRICAN ALLIANCE INSURANCE COMPANY PLC AFRINSURE 4 0.50 AIICO INSURANCE PLC. AIICO 41 0.77 CONTINENTAL REINSURANCE PLC CONTINSURE 4 1.05 EQUITY ASSURANCE PLC. EQUITYASUR 1 0.50 GREAT NIGERIAN INSURANCE PLC GNI 2 0.50 GUINEA INSURANCE PLC. GUINEAINS 3 0.50 Daily Summary as of 13/03/2014 INTERNATIONAL ENERGY INSURANCE COMPANY PLC INTENEGINS 11 0.60 Printed 13/03/2014 14:40:06.006 LASACO ASSURANCE PLC. LASACO 2 0.50 LAW UNION AND ROCK INS. PLC. LAWUNION 5 0.50 LINKAGE ASSURANCE PLC LINKASSURE 2 0.50 MANSARD INSURANCE PLC MANSARD 2 2.25 Daily Summary (Equities) N.E.M INSURANCE CO (NIG) PLC. NEM 22 0.78 NIGER INSURANCE CO. PLC. NIGERINS 2 0.50 Activity Summary on Board EQTY OASIS INSURANCE PLC OASISINS 13 0.56 PRESTIGE ASSURANCE CO. PLC. PRESTIGE 12 0.58 FINANCIAL SERVICES STANDARD ALLIANCE INSURANCE PLC. STDINSURE 1 Current Price 0.50 Insurance Carriers, Brokers and Services Symbol No. of Deals

Quantity Traded Page 150,000,000 2,588,279 331,415 2,100,000 100,000 833,963 623,894 4,000 10,020,200 1,290 13,000 888,122 95,000 1,704,766 564,330 5,000 Quantity Traded

No. of Deals 21 21

Current Price 0.50

Quantity Traded 2,254,293 2,254,293

Value Traded 1,127,146.50 1,127,146.50

Symbol OANDO

No. of Deals 234 234

Current Price 16.63

Quantity Traded 6,391,572 6,391,572

Value Traded 106,475,133.71 106,475,133.71

Symbol CONOIL ETERNA FO MOBIL MRS TOTAL

No. of Deals 5 37 3 14 2 11 72

Current Price 51.90 3.70 104.00 120.90 54.44 166.05

Quantity Traded 1,888 1,192,612 4,039 38,824 320 13,546 1,251,229

Value Traded 93,097.28 4,129,793.48 399,053.20 4,712,199.00 16,550.40 2,269,859.69 11,620,553.05

9,897,094

119,222,833.26

Current Price 3.31

Quantity Traded 1,020 1,020

Value Traded 3,213.00 3,213.00 Value Traded 3,354.00 Value Traded

327 Symbol No. of Deals Daily Summary (Equities) LENNARDS

1 1

Symbol RTBRISCOE Symbol

No. of Deals 2 No. of Deals

Current Price 1.35 Current Price

Quantity Traded 2,600 Quantity Traded

Symbol REDSTAREX TRANSEXPR

No. of Deals 18 10 28

Current Price 4.40 2.75

Page Quantity Traded 608,718 179,719 788,437

Employment Solutions C & I LEASING PLC. Employment Solutions Totals

Symbol CILEASING

No. of Deals 13 13

Current Price 0.50

Quantity Traded 2,849,930 2,849,930

Value Traded 1,424,965.00 1,424,965.00

Hotels/Lodging IKEJA HOTEL PLC Hotels/Lodging Totals

Symbol IKEJAHOTEL

No. of Deals 11 11

Current Price 0.66

Quantity Traded 530,480 530,480

Value Traded 353,480.80 353,480.80

Daily Summary as of 13/03/2014 Media/Entertainment Printed 13/03/2014 DAAR14:40:06.006 COMMUNICATIONS PLC

Symbol DAARCOMM

No. of Deals 1 1

Current Price 0.50

Quantity Traded 1,000 1,000

Value Traded 500.00 500.00

Symbol

No. of Deals 3 3 2 5 13

Current Price 1.80 1.72 2.40 4.08

Quantity Traded 81,478 111,553 70 53,184 246,285

Value Traded 139,327.38 191,871.16 159.60 218,094.40 549,452.54

Symbol ABCTRANS

No. of Deals 12 12

Current Price 0.91

Quantity Traded Page 691,150 691,150

Symbol AIRSERVICE NAHCO

No. of Deals 2 24 26

Current Price 2.93 5.41

Quantity Traded 2,800 719,633 722,433

Published by The Nigerian Stock Exchange © Courier/Freight/Delivery RED STAR EXPRESS PLC TRANS-NATIONWIDE EXPRESS PLC. Courier/Freight/Delivery Totals

Media/Entertainment Totals

Printing/Publishing ACADEMY PRESS PLC. LEARN AFRICA PLC STUDIO PRESS (NIG) PLC. Activity Summary PRESS on Board EQTY UNIVERSITY PLC. Printing/Publishing Totals

SERVICES Road Transportation

Published by The Nigerian Stock © PLC ASSOCIATED BUSExchange COMPANY

Road as Transportation Daily Summary of 13/03/2014Totals Printed 13/03/2014 14:40:06.006

Transport-Related Services AIRLINE SERVICES AND LOGISTICS PLC NIGERIAN AVIATION HANDLING COMPANY PLC Transport-Related Services Totals

SERVICES Totals

2

ACADEMY Daily Summary (Equities) LEARNAFRCA STUDPRESS UPL

Daily Summary (Equities)

Activity Summary on Board ASeM

EQTY Board Totals SERVICES Food/Drug Retailers and Wholesalers JULI PLC. Activity Summary on Board ASeM Food/Drug Retailers and Wholesalers Totals SERVICES

SERVICES Totals Food/Drug Retailers and Wholesalers

Symbol JULI

Symbol

107

5,833,335

10,041,127.97

366,722,053

1,816,436,954.12

Quantity Traded 471,830 471,830

Value Traded 868,167.20 868,167.20

Quantity471,830 Traded

868,167.20 Value Traded

No. of Deals 2 2 2 No. of Deals

Current Price

2

471,830

868,167.20

367,193,883

1,817,305,121.32

Printed 13/03/2014 14:40:06.006 Name NEWGOLD EXCHANGE TRADED FUND (ETF) Exchange Traded Fund Totals

ETF Board Totals

Healthcare Providers Totals

Pharmaceuticals EVANS MEDICAL PLC. EQTY Activity Summary on Board FIDSON HEALTHCARE PLC HEALTHCARE GLAXO SMITHKLINE CONSUMER NIG. PLC. Pharmaceuticals MAY & BAKER NIGERIA PLC. NEIMETH INTERNATIONAL PHARMACEUTICALS PLC PHARMA-DEKO PLC.

Daily Summary (ETP) Page

Symbol NEWGOLD

No. of Deals 4 4

Daily Summary (Equities)

Pharmaceuticals Totals

ICT Computer Based Systems COURTEVILLE BUSINESS SOLUTIONS PLC Computer Based Systems Totals Processing Systems CHAMS PLC Processing Systems Totals Daily Summary as of 13/03/2014 Printed ICT 13/03/2014 Totals 14:40:06.006 Published by The Nigerian Stock Exchange ©

INDUSTRIAL GOODS Building Materials AFRICAN PAINTS (NIGERIA) PLC. ASHAKA CEM PLC BERGER PAINTS PLC EQTY Activity Summary on Board CAP PLC CEMENTGOODS CO. OF NORTH.NIG. PLC INDUSTRIAL DANGOTE CEMENT PLC Building Materials DN MEYER PLC. IPWA PLC Published by The Nigerian Stock Exchange © PAINTS AND COATINGS MANUFACTURES PLC LAFARGE WAPCO PLC. Building Materials Totals

Current Price 2,173.00

Symbol UNIONDAC

of

Value Traded 969,158.00 969,158.00

4

446

969,158.00

4

446

969,158.00

271,615,838 Current Price 0.50

Quantity Traded Page 150 150

No. of Deals 11 15 6 No. of Deals 17 3 2

Current Price 2.57 3.11 70.00 Current Price 2.04 1.76 1.57

Quantity Traded 387,440 556,121 21,609 Quantity407,926 Traded 42,558 1,016,000

Value Traded 995,720.80 1,717,416.31 1,516,830.00 Value Traded 837,775.29 69,052.80 1,595,120.00

2,431,804

6,731,990.20

54 55

2,431,654

Value Traded 13 of75.00 13 75.00

6,731,915.20

Symbol COURTVILLE

No. of Deals 8 8

Current Price 0.71

Quantity Traded 1,333,770 1,333,770

Value Traded 939,239.00 939,239.00

Symbol CHAMS

No. of Deals 1 1

Current Price 0.50

Quantity Traded 50,000 50,000

Value Traded 25,000.00 25,000.00

9 Symbol

No. of Deals 5 27 11 13 1 34 No. of Deals 2 4 1 31 129

Current Price 2.72 16.16 9.29 45.00 9.70 Current235.00 Price 1.41 0.61 1.90 112.50

Quantity Traded 270 335,407 536,394 125,454 1,000 Quantity251,250 Traded 18,398 40,481 Page 100 1,490,224 2,798,978

Daily Summary (Equities) AFRPAINTS ASHAKACEM BERGER CAP CCNN DANGCEM Symbol DNMEYER IPWA PAINTCOM WAPCO

1,383,770 Page

7

964,239.00 of 13

Value Traded 699.30 5,430,421.29 4,986,258.36 5,630,805.60 9,220.00 59,082,312.65 Value Traded 24,837.30 23,490.98 8 of 13 190.00 167,449,007.32 242,637,242.80

UNIC UNIVINSURE WAPIC

1 3 8 139

0.50 0.50 0.88

Micro-Finance Banks NPF MICROFINANCE BANK PLC Micro-Finance Banks Totals

Symbol NPFMCRFBK

No. of Deals 5 5

Current Price 0.78

Quantity Traded 100,750 100,750

Value Traded 78,585.00 78,585.00

Electronic and Electrical Products CUTIX PLC. Electronic and Electrical Products Totals

Symbol CUTIX

No. of Deals 14 14

Current Price 1.77

Quantity Traded 479,330 479,330

Value Traded 856,757.70 856,757.70

Mortgage Carriers, Brokers and Services ABBEY MORTGAGE BANK PLC ASO SAVINGS AND LOANS PLC RESORT SAVINGS & LOANS PLC Mortgage Carriers, Brokers and Services Totals

Symbol ABBEYBDS ASOSAVINGS RESORTSAL

No. of Deals 1 2 1 4

Current Price 1.35 0.50 0.50

Quantity Traded 200,000 2,200 200,000 402,200

Value Traded 270,000.00 1,100.00 100,000.00 371,100.00

Packaging/Containers AVON CROWNCAPS & CONTAINERS BETA GLASS CO PLC. Packaging/Containers Totals

Symbol AVONCROWN BETAGLAS

No. of Deals 4 2 6

Current Price 1.55 19.02

Quantity Traded 545,949 31,982 577,931

Value Traded 846,220.95 608,297.64 1,454,518.59

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

Symbol AFRIPRUD CUSTODYINS FBNH FCMB ROYALEX STANBIC UBCAP

No. of Deals 94 17 489 94 4 21 95 814

Current Price 3.71 2.08 12.10 3.40 0.60 20.18 2.48

Quantity Traded 4,451,577 986,371 16,459,761 4,120,327 119,118 195,785 7,888,393 34,221,332

Value Traded 16,578,387.56 2,047,883.11 202,050,166.12 13,975,603.32 70,750.80 3,952,702.12 19,732,368.07 258,407,861.10

3,856,239

244,948,519.09

Quantity Traded 5,000 5,000

Value Traded 31,650.00 31,650.00

5,000

31,650.00

Published by The Nigerian Stock Exchange ©

Page

5 1,020,010.00 of 13 33,115.32 87,357,673.15

6

of

INDUSTRIAL GOODS Totals NATURAL RESOURCES Chemicals B.O.C. GASES PLC. Chemicals Totals NATURAL RESOURCES Totals

149 Symbol BOCGAS

No. of Deals 1 1 1

Current Price 6.66

13

945,637,566.67

No. of Deals 1 1

Daily Summary (Equities) Symbol EVANSMED FIDSON GLAXOSMITH Symbol MAYBAKER NEIMETH PHARMDEKO

12

Quantity Traded 446 446

2,318

HEALTHCARE Totals

2,500.00

Current Price 1.84

4,002

Healthcare Providers Published by The Nigerian Stock Exchange © UNION DIAGNOSTIC & CLINICAL SERVICES PLC

Value Traded 4 of 13 75,000,000.00 2,015,405.48 348,085.75 1,050,000.00 50,371.15 416,981.50 369,576.16 2,000.00 5,010,100.00 645.00 30,680.00 690,693.94 47,500.00 942,296.96 325,211.89 Value2,500.00 Traded

647,526.30

Value Traded 7,812.00 3,910,738.85 3,918,550.85

ASeM Board Totals

FINANCIAL SERVICES FINANCIAL SERVICES Totals Daily Summary as of 13/03/2014 Printed 13/03/2014 14:40:06.006 HEALTHCARE

109,686,061.81 6,287,944.82 462,378.50 932,361.46 206,744,957.29 599,422,347.42

Value Traded

11 647,526.30 of 13

4,000

Activity Summary ETP Activity Totals on Board EQTY

Value Traded 78,170,123.60 38,118,153.46 5,960,395.12 12,344,659.79 108,269,038.41 17,626,588.68 14,819,684.48 Value Traded

3,354.00

10 of 13 Value Traded 2,662,971.70 477,113.78 3,140,085.48

Equity Activity Totals

Daily Summary of 13/03/2014 Published

by Theas Nigerian StockFund Exchange © Exchange Traded

70,620.00 70,620.00

Daily Summary (Equities)

2,600

UNIC INSURANCE PLC. UNIVERSAL INSURANCE COMPANY PLC WAPIC INSURANCE PLC Insurance Carriers, Brokers and Services Totals

Published by The Nigerian Stock Exchange ©

5,000 2,040,020 Page 39,423 171,957,702

6,129,987.64 2 of 13 179.50 121,682,642.89 156,290,588.98

Automobile/Auto Part Retailers SERVICES R T BRISCOE PLC. Automobile/Auto Part Retailers Automobile/Auto Part Retailers Totals

Symbol JAPAULOIL

13

Published by The Nigerian Stock Exchange ©

Page

9

of

13

50 WORLD | NEWS

Sanctity of Truth

Friday, March 14, 2014

Six feared dead in New York’s building collapse Sylva Okereke

with Agency Report

A

t least, six people have died and several others missing, after a gas leak sparked an explosion, which levelled two buildings in the city of New York.

Scores of others were injured in the incident, which sent smoke billowing into the city sky.

Rescue crew began the searching of debris for victims, after the fire was finally put out.

Train services to and from Grand Central Terminal have been restored. after a complete halt earlier.

Emergency workers responded to the scene of an explosion, which destroyed two buildings and smashed nearby windows.

Fire fighters battle a fire, after a building collapse in the East Harlem, New York.

Nearly 200 firefighters were dispatched to extinguish the

Anti-government protests in Turkey

fire.

As the search-and-rescue operations continued under floodlights on Wednesday night, the emergency services confirmed that the death toll had risen to six with several people still missing.

Earlier, New York City Mayor, Bill de Blasio, said

in a news conference from the scene, that the gas leak had been reported to the utility company about 15 minutes before the blast on Wednesday morning.

“We heard ‘boom and all the windows broke down”, he stated while noting that “major explosion” had destroyed

two buildings and damaged other structures”, he added.

As night fell, rescue crews were finally able to search for victims in the debris, after the fire raged for most of the day.

The intensity of the blaze, which took hours to extinguish, made it all the more difficult for emergency crews.

Crimea: US warns Russia over referendum

P

re s i d e n t B a r a ck s Obama said the United States and its allies would be forced to apply a cost to Russia, if it goes ahead with a referendum that would effectively annex Crimea.

The warning came on the heels of the White House meeting with Ukraine’s interim Prime Minister, Arseniy Yatsenyuk. “We will stand with Ukraine”, Obama said This was Obama’s first meeting with Yatsenyuk, meant to underscore U.S. supports for the new government, as well as the Ukrainian people.

The President referred to Russia’s military presence in Ukraine’s Crimean peninsula as a threat to Ukraine’s territorial integrity and sovereignty.

‘Washington completely rejects’ the Sunday’s planned Russia-backed referendum that would make Crimea to secede from Ukraine”, he said.

Yatsenyuk, however, thanked Washington for its supports, adding that his government is “absolutely

ready and willing” for talks with Moscow.

But he said, Ukraine will never surrender. He also said his government is preparing to sign an association agreement with the European Union this month.

Obama said he hoped diplomatic efforts would lead to a “rethinking” of the Russianbacked referendum on Sunday, noting that if the vote does take place, they would not recognize any referendum that goes forward.

As part of the talks, Obama

and Yatsenyuk discussed financial assistance for Ukraine. The U.S. had already pledged $1 billion in aid.

In a separate show of support, a group of U.S. Senators, headed by Senator John McCain will be traveling to Ukraine for meetings this weekend.

Their trip takes place as the U.S. Senate is considering a package of possible new sanctions on Russia, as well as economic aid to Ukraine.

U.S. Secretary of State, John Kerry will travel to London to

meet with his Russian counterpart, Sergei Lavrov today to try to ease tensions over Ukraine, ahead of Sunday’s planned Crimea referendum.

“The Secretary will continue to reaffirm the United States’ unwavering support for Ukrainian sovereignty, unity, territorial integrity and the right of the Ukrainian people to determine their own future without outside interference or provocation

by Russia.” the State Department said in a statement announcing Kerry’s trip.

Missing plane: Malaysia faults images released by China

C

hinese satellite images, said to have been showing the debris of a missing Malaysian airliner were released by China in error, the Malaysia’s Transport Minister said.

Hussein also denied a United State’s report that the Boeing 777 might have flown for hours, after contact with air traffic control was lost.

Flight MH370 from Kuala Lumpur to Beijing went missing late on Friday with 239 passengers and crew on board.

The Minister said the disap-

pearance of the plane was unprecedented.

Hussein told reporters at Kuala Lumpur International Airport that Chinese Embassy in the Malaysian capital had said the satellite images were released by mistake and did not show any debris from the aircraft.

The three Chinese images appeared to show large and floating objects in the South China Sea. The grainy satellite images were released by China’s State Administration of Science on

Wednesday.

Hussein also denied a report in the Wall Street Journal that the plane had sent engine data to the ground for more than four hours, after it lost contact with air traffic control.

He said his team had spoken to Malaysian Airlines and RollsRoyce, the engine’s manufacturers, who said the report was inaccurate.

“The last transmission from the aircraft was at 01:07 which indicated that everything was normal,” Mr Hussein said.

South Africa links Rwanda to murder case

S

outh Africa has linked three former Rwandan diplomats to the attempted murder of Rwandan dissidents in South Africa.

The three diplomats were expelled recently, following an attack on the home of exiled Rwandan dissident, Kayumba Nyamwasa in Johannesburg.

Justice Minister, Jeff Radebe said South Africa had evidence linking them to the murder case.

Rwanda had denied involvement in such attacks in South Africa. It retaliated to the expulsion of six South African diplomats.

“If there is any proof of Rwanda doing such a thing, we can react, but as far as we are concerned, we have not seen any proof ”.

Radebe’s spokesman, Mthunzi Mhaga said, investigations revealed direct links between the expelled diplomats and the criminal networks, that relate to the recent attacks on Rwandan officials, who are under protection in South Africa.

Armed men raided the home of Lt Gen Nyamwasa, the former Rwandan Army Chief of Staff, but he was not there at the time.

The attackers ransacked the property and left with a computer and some documents.

Gen. Nyamwasa has survived two previous assassination attempts, including a shooting in Johannesburg in 2010, after fleeing Rwanda.

He sought asylum in South Africa, after falling out with Rwanda’s President, Paul Kagame.

In January this year, the body of a Rwandan former Intelligence Chief and dissident, Patrick Karegeya was found strangled at a hotel in Johannesburg. He had apparently been murdered.

“As the South African government, we want to send a very stern warning to anybody, anywhere in the world, that our country will not be used as a springboard to do illegal activities”, Radebe said at a press conference.

The expelled officials had violated their diplomatic status by being associated with illegal activities that have taken place, where there were attempted murders”, he added.

Oyedeji points way forward for basketball Ifeanyi Ibeh

C

aptain of Nigeria’s men’s basketball team, Olumide Oyedeji, feels the best way for Nigeria to regain its rightful status in African basketball, amongst other things, is to continue to have Nigeri-

ans as head coaches in all of the country’s various national teams.

The fortunes of the country’s male and female national teams have in recent times taken a turn for the worse with neither side qualifying for this year’s World Championships in Spain and Turkey re-

SPORT

AUTHORITATIVE VOICE IN GLOBAL SPORT

51

spectively.

Even the age grade teams haven’t fared any better with the U-19 boys missing the last three editions of the U-19 World Championship, while the U-19 girls failed to make it to last year’s World ChampiCONTINUED ON PAGE 53

NEW TELEGRAPH

newtelegraphonline.com/sports

ADEKUNLE SALAMI, DepUTY Editor, SPORTS kunle.salami@newtelegraphonline.com adekunles@yahoo.com

FRIday, MARCH 14, 2014

Did you know?

That Russian referee, Valentin Ivanov, brandished 16 yellow cards in a secondround match at the 2006 World Cup in Germany between Portugal and the Netherlands

Vincent Eboigbe

D

Gullit tips Eagles for glory in Brazil Dike rues 2014 World Cup miss

Messi: We are back to our best

}p-53

}p-54

utch football legend Ruud Gullit has tipped the Super Eagles to go far at this year’s World Cup in Brazil.

The former European footballer of the year, who is in Nigeria as the global ambassador of the UEFA Champions League trophy tour of the country, notes that although the current Eagles squad under Stephen Keshi may not be as individually talented as some Eagles squads in the past, it nevertheless has the necessary team attributes to make an impact at the Mundial in June.

He said, “I saw the Super Eagles during

the African Nations Cup in South Africa. They had a good team and I enjoyed watching them play,” informs Gullit who was a Supersport analyst for the duration of the championship in January 2013.

“The team may not have individual stars compared to some previous Eagles sides, but as a team they are pretty decent and I believe they will far in Brazil. African teams are strong, it is just the little things, that extra edge that have prevented to going further than they have in the World Cup. Nigeria, Cote d’Ivoire and Ghana are teams from the continent to watch out for.”

CONTINUED ON PAGE 55

Abdulahi shuns hand over meeting with Danagogo twice }p-55

52 SPORT

Funke Oshonaike

SportLifestyle

Nigeria Table Tennis player

TURNING POINT

Ifeanyi Ibeh

“I

n 1984, I was just an ordinary kid growing up in Lagos, playing for a small club called Leventis Iddo Tigers, and hoping to gain some recognition from the coaches of big clubs such as Stationery Stores, Shooting Stars or even Rangers International. However, everything changed for me after the club was merged with another club and was renamed Leventis United of Ibadan.

“That was the turning point of my career as that move put me in the national spotlight because Leventis United took the nation by storm. We were playing the best football in the land and we won the Third Division title and the FA Cup, defeating Abiola Babes in the final.

“No team from such a low division had ever done that in the FA Cup but we were able to do it with a team consisting of young boys eager to make a name for themselves such as Paul Okoku, Bunmi Adigun, Wole Odegbami, Leotis Boateng, Sam Pam, James Etokebe, Augustine Igbinabaro and

Sanctity of Truth

Friday, March 14, 2014

NEW TELEGRAPH

www.newtelegraphonline.com/Sport

WITH Tobi Emmanuel

0805 400 5669

princetobby@yahoo.com tobi.emmanuel@newtelegraphonline.com

best food : Rice and Beans cooked together with stew Best drink: Malt Best colour : Black Best city visited: Atlanta Best club supported : S.C Poppebuttel, Hamburg Best car: Range Rover Best designer: Zara Best perfume: Angel Best music: Ona Ara by Evan. Akin Adebayo Best actor: Olu Jacob Best actress: Omotola Best competition attended: Sydney Olympic Games 2000

Andrew Uwe Fatai Yekini. We were like one big family and all the big teams were afraid to play us. Some of them even wanted to lure us away from Leventis United but there was no way that was going to happen because we all felt at home under the coach, late Joseph Ladipo, better known as Jossy Lad, and our General Manager, Mr John Mastoroudes.

“I will forever be indebted to these two gentlemen for everything they did for me during my time at Leventis. They made me feel at home because it wasn’t easy for me leaving my parents and siblings back in Lagos and relocating to Ibadan at such a young age, at a time when some of my mates were just leaving secondary school or thinking of getting into a tertiary institution. But they made me feel at home in Ibadan and even convinced me to stay behind and continue to play for Leventis when all these bigger teams showed interest in me.

“They told me of their plans for the club and I was glad I stayed behind because the following year we were promoted to the First Division. Of course, we were however disappointed we weren’t able to defend the FA Cup but we took solace in the fact that we won the Second Division without

losing a single game which, I believe, is still a Nigerian record.

“I also took solace in the fact that the coaches of the U-20 national team – Paul Hamilton and Tunde Disu – were able to notice me. My friends have joked that it was because of my towering frame that the coaches were able to notice me, I knew it was because of the spirit of hard work Coach Jossy Lad and Mr Mastoroudes had imparted in me.

“I played in most of the qualifying matches for the U-20 World Cup in 1985 and

we were able to make it to the tournament in the USSR. It was a unique experience playing at the World Cup because we were able to continue from where our predecessors left off in 1983.

“They (the 1983 team) weren’t able to get past the group stage but we were able to. We beat Canada in our first game 2-0 with Monday Odiaka scoring in the very first minute, and Samson Siasia adding a second. And although we lost to the Russians in our second match we beat Australia 3-2 to qualify for the quarterfinals where we beat Mexico 2-1.

“We were however saddened by our semifinal loss to Brazil, but we made up for that loss by beating the USSR in the third-place match.

“It was the first time a team from Africa would be winning a medal at the U-20 World Cup and I believe we were inspired by the achievements of the Golden Eaglets a few months earlier in China.

“We returned home to a heroic welcome and, before long, some of us were called up to the senior national team and I went on to play at the 1988 Olympic Games in Seoul, South Korea. I also took part in two African Cup of Nations (in 1988, in Morocco, and 1990, in Algeria), winning two silver medals, but I regret not making it to the 1994 World Cup.”

SPORT 53

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Friday, March 14, 2014

Dike rues 2014 World Cup miss S uper Eagles striker, Bright Dike, has expressed disappointment on the injury that ended his World Cup hopes, only days after he announced progress on his recovery.

“It’s one of the worst things that has ever happened to me because of the timing,” Dike told the Toronto Sun on Wednesday.

The injury, a torn Achilles during

Bayelsa swimming pool not ready after 13 years

training, was his third major injury in four years - including a prior Achilles tear.

“It felt like I had a really good chance of going to the World Cup,” Dike said.

And the big forward took a big step toward securing a spot with the Super Eagles when he scored a scintillating goal in Nigeria’s 2-2 draw with Italy in November.

“Stephen Keshi called me after hearing of the injury and said I still had plenty of soccer left to play, that’s wonderful to hear,” Dike added.

Okpekpe gets N10m Linkage Assurance boost

Okpekpe celebrity race

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thletes participating at the 2nd edition of the annual Okpekpe 5-kilometre road race have been insured to the tune of N10m as the officials of the event secured a sponsorship pack-

Chimaobi Uchendu

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ayelsa state sports director, Isaac Mark-Tubo has adduced reasons why Yenagoa Olympic size swimming pool has not been completed thirteen years after it was started.

In an interview with New Telegraph, Isaac said the swimming pool which construction began under the administration of Diepreye Alamieyeseigha in 2000 was abandoned by subsequent governments.

He also blamed lack of vision and insincerity on the part of the contractors and supervisors from the ministry for the delay in completing the project.

Mark Tubo maintained that the present Governor, Seriake Dickson had made the completion of the project part of its priority stressing that the pool would be ready for use before the end of the year.

“This pool has become an embarrassment to all Bayelsans and has made us dwarfs in swimming when we’re supposed to be giants. From the days of Governor Alamieyesigha to Jonathan and Timipre Sylva, they never thought it wise to complete this pool but this administration decided to see its logical conclusion,” he said.

age from Linkage Assurance plc as the Official Insurer of the race slated to hold on May 3, 2014.

Disclosing this at a world press conference in Lagos on Wednesday, Director of Organisation, Zak Amodu, said; “In our determination to meet the requirement of the IAAF label condition, we have secured the sponsorship of Linkage Assurance plc as the Official Insurer of the 2nd edition of the Okpekpe road race. They will provide insurance cover for the entire 3000 runners expected this year on a value in kind basis with some cash to support the overall race organisation.

“The total financial commitment of N10m will be envisaged to cover the following: 1. Death benefit for each athlete and official; 2. Permanent Disability; 3.

Medical Expenses.”

He added that Linkage would be joining Supersports, one of the broadcast partners to broadcast a pre-event Lets Play activity for 2000 kids on May 2, 2014 on Pay TV while supporting AIT to broadcast on terrestrial television.

“We are committed to getting a label after the mandatory two races to be the first country in Africa to be labelled in a Road Race and as such our sponsorship objective is driven by strong Equity relationship,” Amodu said.

Nigeria Beach Soccer League begins November

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Bright Dike during Nigeria/Italy friendly match.

NIGERIA PREMIER LEAGUE RESULTS SUNSHINE STARS

0-0 ENYIMBA

WARRI WOLVES

1-0 EL-KANEMI WARRIORS

U-17 World Cup: Glo rallies support for Flamingoes

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eading corporate sponBAYELSA UNITED 1-0 SHARKS FC sor of football in Nigeria, Globacom has called on the National Under-17 Women football team, The Flamingoes to go all out and bring the Female U-17 World Cup trophy to Nigeria as the U-17 World Cup tournament formally kicks-off in Costa Rica on Saturday.

The Flamingoes will start their World Cup campaign on Sunday against China in Group D in Alajuela.

A statement from Globacom in Lagos on Thursday Pupils of Baptist Girls’ Acadamy, Obanikoro, Lagos performing during the 24th said the Flamingoes have all Annual Inter-House Sports Competition held at the School’s Premises.

it takes to surmount the chal PHOTO:SULEIMAN HUSAINI

lenges posed by their group opponents.

“The preparation by the Nigerian junior team ahead of this competition has been impressive and we believe the team has all it takes to excel,” the statement remarked.

“It is also our belief that the Flamingoes are aware of the expectations of Nigerians who are still basking in the euphoria of the recent success achieved by the U-17 team, Golden Eaglets who won the U-17 World trophy in Dubai.

The Eaglets’ success should be a motivating factor for the team,” the statement said.

aye Olajide, the Co-ordinator of the Nigeria Beach Soccer League, on Thursday in Abuja said the competition would kick off in the fourth quarter of 2014.

Olajide told the News Agency of Nigeria that registration of participating clubs would soon start and the competition should start by November.

“We will then hold a seminar, after the registration, for all stakeholders, including clubs and corporate organisations,’’ he said.

“Our initial statement that the league will start in 2014 still stands, because preparations for the kick-off are underway.”

Olajide however said the league’s second season would witness an increase in the number of participating clubs, with about 16 clubs taking part and an additional league centre.

Eagles House wins Dalfoldis Inter house sports

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agles House has emerged winner of this year’s Dafoldis International School Inter-House Sports.

The house won 17 gold medals, 15 silver and nine bronze medals to emerge overall winner of the 5th edition of the school’s inter a house sport which was held in Agege, Lagos last Saturday.

Rock House is the first runners up. The yellow house claimed 11 gold, 16 silver and 10 bronze medals.

Palm House came last at the event after it claimed nine gold medals, six silver and 18 bronze medals.

Speaking at the event, the proprietor of the school, Edith Ehikioyamen, said “We are interested in the all-round development of our students.”

54 SPORT | INTERNATIONAL FOOTBALL

Sanctity of Truth

Friday, March 14, 2014

Sergio Aguero injured again M

Barcelona’s Leo Messi (left) fighting for the ball with Sergio Aguero of Machester City during their Champions League match

Messi: We are back to our best L ionel Messi described Barcelona as being back to their best as they saw off Manchester City to reach the quarter-finals of the Champions League and keep alive their hopes of the treble.

Critics had rounded on Barça and their coach Gerardo Martino after the reigning champions suffered three defeats in six Primera División matches, with the latest – a shock 1-0 reverse at lowly

Real Valladolid on Saturday – seeing them fall four points behind their arch rivals Real Madrid in the title race.

That loss came four days before Barça’s Champions League last16 second leg against City and would have given the English side increased hope of overturning their 2-0 deficit from the home leg. However, there would be no fairytale recovery from City as the Catalan club earned a 2-1 win

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Sami-Hyypia

defeat.

“I’m very proud of the way my lads played. If we do our homework, then we will be playing in Europe next year too.

“Maybe we can benefit from this on Saturday.”

Leverkusen travel to Bayern Munich at the weekend, bidding to end the Bavarians’ 49-game unbeaten run in the Bundesliga, a run which started after their 2-1 loss to Leverkusen at the Allianz Arena in October 2012.

eports have emerged that AC Milan have a deal in place to sign Brazilian defender Alex from Paris SaintGermain.

The Rossoneri were desperate to sign a high-quality centreback ahead of the new season and they seem to have succeeded in

Alex

vated that injury as he was withdrawn at the interval at Camp Nou, complaining of a tight hamstring.

Aguero revealed after the match that he had suffered the injury in the third minute of the game when chasing down a ball with Lionel Messi. “[I did it in] the move with Leo, right at the start of the game, after just three minutes,” Aguero told El Larguero. “I felt something there in my left leg. That stopped me from continuing. I was afraid about running into spaces.

Napoli close on Mascherano

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apoli are working hard on the deal that would see Barcelona midfielder Javier Mascherano move to Stadio San Paolo, according to former Azzurri masseur Salvatore Carmando.

It is no secret the Serie A side have been hot on the trail of the Argentina international, but they are reportedly close to reaching an agreement with Barcelona.

Former Napoli masseur Salvatore Carmando, however, claims that everything will depend on the player’s desire to move to Stadio San Paolo.

“The club needs to buy a central defensive figure of international standing,”

Milan to sign PSG’s Alex

Leverkusen coach hails players ayer Leverkusen managed to regain a bit of respect and self-confidence from Wednesday night’s Champions League elimination at the hands of Paris Saint-Germain, according to coach Sami Hyypia.

After going down 4-0 at home, the tie was effectively over, but Leverkusen played for pride and nearly came away with a draw at the Parc des Princes, missing a penalty in a 2-1 defeat.

“This was a good performance from us today,” said Hyypia. “We showed character and a good mentality. We can take a lot of self-confidence out of this

on the night to progress through to the last eight 4-1 on aggregate.

Messi, who was on the scoresheet along with Dani Alves – the same scorers as in the first leg – believes his side showed just what they are made of in Wednesday’s match.

He said: “We were coming off two very serious setbacks away from home [at Real Sociedad and Valladolid], but more so for the performances than for the results.

anchester City are waiting to discover the extent of Sergio Aguero’s injury after the striker was forced off at half-time of their Champions League defeat to Barcelona.

Despite a spirited display, City lost 2-1 on the night and 4-1 on aggregate as the Catalans progressed to the quarterfinals at their expense.

Aguero, 25, started against Barca in what was only his third appearance since returning from a hamstring problem. But there is now a fear he may have aggra-

their quest.

According to Sky Italia, Paris Saint-Germain defender Alex has decided to join AC Milan when his current deal expires in the summer.

Many were surprised to see the former Chelsea stopper not being offered a new deal at Parc des Princes given that the 31-year-old has largely impressed since arriving from Stamford Bridge.

He has made a total of 63 Ligue 1 appearances for the Saints, scoring 6 goals in the process, while featuring in 14 Champions League fixtures.

Carmando told Radio Kiss Kiss Napoli.

“According to what Diego Maradona told me during a dinner at the Hotel Eden in Rome, it seems as if the president has already chosen Mascherano.

Netherlands out of FIFA top 10

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Mascherano

he Netherlands have slipped out of the top 10 of FIFA’s world rankings for the first time since July 2002.

Louis van Gaal’s side were beaten 2-0 by France in Paris last week, with the 2010 World Cup finalists looking lacklustre throughout their international friendly at the Stade

de France.

After a dominant performance in their qualifying group for Brazil 2014, the Dutch have failed to win any of their three games since, having also drawn with Japan and Colombia in November.

And, after being a constant presence in the top 10 of FIFA’s rankings for almost 14 years, Van Gaal’s team have now dropped to 11th, with Belgium replacing them in 10th.

Ramsey suffers injury setback

Ramsey

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amsey suffers injury setback and will miss north London derby with Tottenham Arsene Wenger reveals Arsenal midfielder Aaron Ramsey is ‘having difficulties in the final stages of his rehab’ and joins Mesut Ozil and Jack Wilshere in missing Spurs match Arsene Wenger has con-

firmed Mesut Ozil will miss Sunday’s north London derby at Tottenham and revealed Aaron Ramsey has suffered a setback in his recovery from a thigh injury.

Kim Kallstrom could make his first appearance for the club.

Arsenal are still assessing the severity of Ozil’s hamstring problem. The Germany international - a £42million buy from Real Madrid last summer - suffered the injury during Tuesday’s 1-1 at Bayern Munich which saw Arsenal exit the Champions League.

“He’s out. I don’t know for how long but it is a hamstring injury. There are scans going on,” Wenger said.

SPORT 55

Sanctity of Truth

Friday, March 14, 2014

Sport Trending

Gullit tips Eagles for glory in Brazil

TWITTER |@NTelegraphSport

Peter Odemwingie Congratulations on the arrival of the new born baby boy @GeorgeAbbey15 !!! lStoke City striker, Osaze Odemwingie, congratulates former Super Eagles defender, George Abbey, on the birth of his son. @OdemwingieP

CO N T I N U E D F R O M PA G E 5 1

George Abbey @OdemwingieP yes thanks bro, wonder what odds we get for our 2 boys to play for eagles together. lGeorge Abbey thanks Osaze Odemwingie for his kind wishes and looks ahead to a time when their sons would be in the Super Eagles @GeorgeAbbey15 Drogba Foundation Thanks to all for the bday wishes without your love and your belief I don’t think I could have this self confidence that makes me believe I can do it... It is impossible to put all the messages you sent me in one picture but this my way to say thank you!!!!! I love you my People from everywhere in the world. @didierdrogba Gerard Piqué Great win against a big team like @MCFC! @3gerardpique Javi Martínez We couldn’t win on Tuesday, but the most important we keep going in #UCL. @Javi8martinez Stanislas Wawrinka Sorry for my match today ! Bad attitude!!But thanks for all the great support here!!Congrats to @kevinanderson18. *An apologetic Stanislas Wawrinka following his loss to South Africa’s Kevin Anderson at Indian Wells. @stanwawrinka yaya toure No luck tonight, but the sky remains blue...let´s focus on the premiere league!! @Toure_yaya42 Pablo Zabaleta Very disappointed to get sent off tonight, still proud of this team, we showed character and determination to win and turn around the result. @pablo_zabaleta David Seaman Gutted both my teams are out. Arsenal and Man City. @thedavidseaman Jack Wilshere Thanks for all the nice tweets regarding my injury! All my focus is now on getting fit and healthy as soon as possible!! @JackWilshere

L-R: Heineken Ambassador and Dutch football legend, Ruud Gullit, Lagos State Sports Director, Dr. Kwesi Tandoh, Governor Raji Fashola, Lagos State Football Association Chairman, Barr.

Seyi Akinwumi and former Super Eagles captain, Sunday Oliseh at the presentation of the UEFA Champions League Trophy to the Governor at Alausa, Lagos…yesterday

FIFA rankings: Nigeria maintains 47th position lNow 7th in Africa

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igeria have maintained its 47th position in the March ranking of the world soccer governing body, FIFA, released on Thursday.

The ranking table on FIFA’s Website, indicated that although, Nigeria maintained its current spot, it, however, increased in points from 616 in the February ranking to 626 this month.

The latest ranking also indicated that Nigeria are now the seventh team in Africa as against the eight position it occupied in the February.

The first six African countries according to the ranking are Cote d’Ivoire, Algeria, Egypt, Cape Verde Island, Ghana and Tunisia.

Cote d’Ivoire, which lead the other African countries with 839 points, are

Oyedeji points way forward for basketball CO N T I N U E D F R O M PA G E 5 1

onship in Lithuania. The story is the same for the country’s U-17 boys and girls teams who won’t be at this year’s World Championships in the United Arab Emirates and Slovakia respectively.

All of the country’s national teams are managed by Nigerians, but irrespective of their shortcomings, Oyedeji is of the opinion that his countrymen should continue to remain at the helm of affairs.

“I believe we should have Nigerians in charge. I don’t have any problem with foreign coaches but I feel Nigerian coaches understand the psyche of our players better,” said Oyedeji in an interview with New Telegraph.

“Things have not gone so well for us in the past year, but I believe this year is going to be the year of a significant turnaround for Nigerian basketball.

We have a Nations Cup qualifier that we have to scale through. We also have the Youth Games, as well as a number of continental club tournaments that our

teams will be participating in, and it is my belief that our teams will do well at all of these events.”

A lot of followers of the sport are of the opinion that the failure of the men’s team to qualify for this year’s World Cup, taking place in Spain, will have an adverse effect on the growth of basketball in the country. But Oyedeji, who captained the Nigerian team to a seventh-place finish at last year’s African Basketball Championships in Cote d’Ivoire, feels the disappointments of failure can be transformed into something positive.

He said; “The future of the sport in the country is really bright. I think we have a good chance to do something better after last year’s disappointments.

“I am sure we are going to get there.

And when we get there we have to keep pushing. So, we just have to stay focussed, get support from everybody, and everything will be well,” added Oyedeji, who plays for Japanese Super League side, Link Tochigi Brex.

now rated 23rd in the world, while Algeria, second in Africa with 819 points, are now 25th in the world.

The rankings showed that Egypt garnered 790 points to be third in Africa, Cape Verde Island, 739 points; Ghana, 729 points and Tunisia, 641 points.

In Africa, Egypt have the highest movement going up by 12 spots to be 26th in the world from its 38th position in the February ranking.

The global scene, however, witnessed less movement than it did last month, with Spain, Germany, Argentina, Portugal and Colombia remaining unchanged in the top five spots.

FIFA said that 67 matches were taken into account out of which 57 were friendlies with the other 10 games being AFC Asian Cup qualifier.

Heineken to sponsor five Nigerians to UCL final

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ive Nigerian football fans will enjoy an all expensed paid trip to Lisbon, Portugal in May for the final match of this season’s UEFA Champions League.

This was the high point of the press conference held on Tuesday at the formal opening of the new Heineken House in Ikoyi, Lagos. The Marketing Director Nigerian Breweries Plc, Mr. Walter Drenth, reiterated the company’s commitment to make Nigerian passionate football fans to enjoy the best of the competition through the regular planetary viewing experience at the Heineken House on match days and lucky consumers having the opportunity to travel to see the final match live at the stadium.

“The final at the Wembley Stadium in London last year was a spectacular and unforgettable experience.

Like we did last year, we still want to retain the same selection system.”

Gullit is of the view that the fact that no European country has ever won the World Cup in South America also opens a window, gives some sort of advantage to Nigeria and the other African teams to do well in the summer in Brazil.

“The fact of the World Cup taking place in Brazil confers some advantage on the African teams. Recall no European team has won the World Cup in South America, so I see the African sides benefitting from this.

If this tradition holds then it gives African teams a foot in,” says Gullit who looked as if he could still play football at the highest level with his trim and athletic figure.

The former Chelsea and Newcastle manager who is more of a pundit and global ambassador, also feels that the hot weather in Brazil may favour African teams.

“The weather will be hot and that could be an advantage for Nigeria and other African sides,” Gullit added.

Abdulahi shuns hand over meeting with Danagogo twice

Abdullahi

Jude Opara Abuja

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ine days after he was sacked as Minister and Chairman of the National Sports Commission, there are strong indications that Bolaji Abdullahi may not be interested in officially handing over to his successor, Dr. Tamuno Danagogo.

The usual formality was scheduled to take place on Tuesday and again moved to Wednesday but it never held. Both events were called off because the former minister failed to show up.

Sources at the NSC revealed that Abdullahi may have requested for the event to be conducted behind closed doors, and outside the prying eyes of newsmen who understandably would have loved to interview him.

“No date has been fixed after the cancellation on Wednesday. But it may not be covered by the press anytime it is scheduled. It seems that the former Minister doesn’t want to see you people (journalists ). The instruction we have is that the event has taken place,” New Telegraph was told on Thursday.

World Record

On Marble There is no passion to be found playing small in settling for life that is less than the one you are capable of living

w w w. new tel eg rap ho nl i ne. co m

– Nelson Mandela

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

Sanctity of Truth

FRIday, MARCH 14, 2014.

DOUBTS As Nigerians prepare for a National Conference, sincerity of purpose becomes a begging question

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chalice is being offered to Nigerians, with the promise that the brew in it has the all-important cure for various nagging ailments. Unexpectedly, a lot of Nigerians have had their hopes raised, because this is the kind of brew they have long desired. The brew is called the national conference. But it is a brew fraught with a number of problems, including legitimacy.

I found out that I am one of the 492 alchemists of the brew in a rather strange way. First, it was an sms at about 10:34pm on the 6th of March.

I barely could make sense of it as I was halfway through the doorway of sleepville. Then in the morning as I checked my mails and other stuff online, I saw congratulatory messages on my Facebook wall. Not long after, the torrent of phone calls and messages began. I did the utmost needful. I quick put up a disclaimer on my wall.

It is rather strange that for a seemingly important exercise such as the proposed national conference, all that has happened is that delegates have been handpicked without prior consultation, and without creating a process for fair nomination from various interest groups. This immediately sets off an alarm bell. Is there an agenda,which is being cleverly masked? Is there a pre-determined outcome, which the organizers want to arrive at while pretending that no sleight-of-hand is taking place?

No doubt some of those who are on the bandwagon strongly believe that this is a golden opportunity which they have not had before. I have my doubts about the entire exercise and since the idea was foisted on the public a few months ago, I have termed it a CONference. From the inception of the Femi Okurounmu Committee to the outcome of the modalities it has recommended, my perception of a game of deception has grown stronger, even more so with the latest situation.

One would think that representation should start from the ethnic level, because this is the fundamental composition of the country. The argument that it is impracticable to aggregate such representation not only underscores disrespect for the lesser ethnic groups, but a close scrutiny indicates a con game playing out. For instance, in the Federal Capital Territory (FCT), where

The longest time holding the breath underwater was 22 min 00 sec by Stig Severinsen (Denmark) at the London School of Diving in London, UK, on 3 May 2012.

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Poison in the chalice

Graffiti EMMAN USMAN SHEHU

the conference is scheduled to hold, the indigenous population consists of the Gbagyi, Koro, Egbura, Gwandara and Gana-Gana. They have had grievances that have been overlooked and a new one has surfaced, the land swap deal.

A genuinely constituted conference would have given each of them a platform to have their agitations sorted out in some way.

That will not be the case, as they will be mere onlookers. Across the country, there are hundreds of ethnic groups that are in the same situation with their counterparts in the FCT, including the Itsekiri, who have been pushed to the precipice of non-existence. At the same time, Okurounmu key architect of the modalities who is also a delegate spoke to a reporter thus: “I have gotten a lot of experience (having previously been at the 2005 National Political Reform Conference) and I know exactly how things proceed there. So, I think it is an advantage that I am going back again. I would make my own contribution as a delegate representing Yoruba nation.”

It seems some ethnic nations are more important than others.

A leadership that is truly bothered about the agitations of all its citizens, would not rush a process ostensibly designed to enable them to be heard.

This break-neck speed of convening a conference, whose outcomes would be decided in another process that dovetails into the 2015 elections raises more than an eyebrow.

There is another idiosyncratic type

A leadership that is truly bothered about the agitations of all its citizens, would not rush a process ostensibly designed to enable them to be heard

of representation. The convener of the conference, President Jonathan, apart from having ethnic representatives is also responsible for solely nominating on the surface 45 delegates, but on closer scrutiny it tallies to over 140, which is obviously inappropriate. One only needs to recall that Jonathan had never been a believer in any form of national conference, until the emergence of a strong opposition party last year. His conversion seems more like an altruistic knee-jerk reaction to the arrival of a formidable opposition. The nationalistic intent is sorely missing. A situation underscored by the question over the legitimacy of the exercise.

As the constitutional lawyer, Tunji Abayomi has argued, the prevailing Decree 24, which is the controlling extant Constitution does not grant the President the power to convene a conference. In his words: “If a President cannot have more than one vote in an election, it will be, to my mind, inappropriate for him to cast almost a hundred and forty plus votes in a national conference that is to give us a new Constitution…. The President, in essence, is making law when he is prescribing how the national conference is to be convened, convoked or executed.”

Fortunately, Abayomi has gone to court to get a proper clarification, the first time this will be happening to a national conference of one form or the other.

Even the outcomes of the conference which will be arrived by consensus, or by 75 per cent majority where consensus is not achievable. This modality may look innocuous on the surface.

However, even from the pronouncements of some of the delegates, there will be so many contending issues that could develop into confrontations save for the underlying interests of the President, which roughly tallies with the 75 per cent, given the number of his nominees and those of the PDP Governors. Recall that the 36 state governors will nominate a total of 108

delegates. Besides, from all indications even nominations by the other interest groups were influenced by the President’s men. Obviously Jonathan’s interests are politically related and one of them is the six-year single term tenure. Interestingly, Okurounmu ardently canvassed six-year single tenure for president during the 2005 National Political Reform Conference.

A major problem for the decisions of the conference is how they become law. That the National Assembly has the final say hugely undermines the potential of the conference. So why spend N8billion on something that already appears to be headed for the same fate with the previous conferences? Why not aggregate the previous outcomes and pass them on to the National Assembly now that it has time to look at such things? From what budget is the money for the conference readily coming from when several developmental policies including that of health have been left in abeyance due to poor funding?

The conference is simply a political ploy for Jonathan’s 2015 election.

It will be on those jingles as one of his achievements. But it is unusual with his administration which sees nothing profligate in creating committees and consigning their reports to a keep-outof-view vault.

The conference is a poisoned chalice and I will not drink from it.

OmoBaba PASTOR ABANDONS PREACHING FOR ROBBERY - News

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