The Nation January 14, 2013

Page 1

Nigeria’s widest circulating newspaper

ACN seeks electronic voting for 2015 polls •It’ll be difficult, says INEC

DMO unaware of NNPC’s $1.5b loan BUSINESS Page 25

‘•Facility can undermine economic plan’

NEWS Page 2

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VOL. 8, NO. 2371 MONDAY, JANUARY 14, 2013

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Contractors anxious over Shell’s relocation

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HERE is anxiety among contractors and staff working for oil companies in Delta State. This followed the relocation of Shell Petroleum Development Company (SPDC) and the planned sack of workers of the Es-

From Shola O’Neil, Warri

cravos Gas to Liquid (EGTL) project of Chevron Nigeria Limited. Shell has downgraded its Western Zone Office in Warri, following a recent reorganisation. This led to the sack of

thousands of direct and contract staff. The development is a fallout of a restructuring programme started in 2000 under the SoFu (Securing Our Future) programme. Responding to enquiry, Shell’s spokesperson Precious Okolobo said: “SPDC

operations in Western Niger Delta are continuing, despite the divestment of its equity in some assets in the area. “We also continue to operate key oil and gas facilities, such as Forcados Terminal.” Continued on page 58

CBN to monitor MfBs quarterly

Chaos looms at PDP M NWC meeting today

ICROFINANCE Banks (MfBs) are now to undergo a quarterly inspection by the Central Bank of Nigerian (CBN) and the Nigeria Deposit Insurance Corporation (NDIC) to ascertain the state of their health, The Nation has learnt.

Governors to confront Tukur over Oyinlola’s fate

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ITH governors planning to resist the removal of sacked Peoples Democratic Party (PDP) National Secretary Olagunsoye Oyinlola, the party’s National Working Committee (NWC) seems set for a stormy meeting today. There are plans to bar Oyinlola from the meeting in Abuja, based on his removal by a Federal High Court. But, governors, who are said to be against such a move, plan to “either walk out of the meeting or create a scene”, a source said last night. In the PDP civil war, Chairman Bamanga Tukur is be-

In challenging a declaratory order, Oyinlola would have to first of all obey and return to the same High Court to file a notice of appeal and file a motion at the court for injunction to restrain the PDP from enforcing the judgment From Yusuf Alli, Abuja

lieved to be leading a faction loyal to President Goodluck Jonathan. Oyinlola, former President Olusegun Obasanjo’s nominee, has the governors’ sympathy. The popular thinking is that the bickering and intrigues are all about the 2015 elections. There are plans to instal Deputy National Secretary Onwe S.

Onwe as Acting National Secretary. But Oyinlola, whose counsel will head for the Court of Appeal today to argue a motion for a stay of execution of the judgment of the High Court, which removed him, has vowed to be in the office today. The hardline posture of the two sides to the conflict has generated tension.

As far as we are concerned, Oyinlola will resume in his office on Monday and discharge his duties as the National Secretary because he has filed a motion at the Court of Appeal for a stay of execution of the judgment

Investigations by our correspondent showed that the PDP leadership, in conjunction with some forces loyal to President Jonathan, have resolved to ask Oyinlola to obey the court’s order. It was learnt that Tukur and some leaders of the party alleged that the High Court gave a declaratory order, which must first of all be complied with by

Oyinlola before seeking redress. A party leader said: “The judgment of Justice Abdu Kafarati was declaratory and emphatic that Oyinlola should vacate office with immediate effect and a fresh zonal congress should be conducted in the Southwest. “In challenging a declaratory order, Oyinlola would have to Continued on page 2

Buhari urges BoT to back merger talks

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HE mood in the Faro, Portugal camp of the Super Eagles is that of optimism after Saturday’s lone goal victory over Dutch side Sparta Rotterdam, Ben Alaiya, Media Officer of the team, has declared. Though reports suggested ...

Sport Page 41

Arepo: Five bodies found

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From Yusuf Alli, Abuja

News Page 8

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Continued on page 58

Rotterdam win boosts Eagles

IVE bodies have been found at the site of Saturday’s pipeline explosion in Arepo, Ogun State. Manager, Public Affairs, Pipeline and Products Marketing Company (PPMC), Mr. Imodagbe Nasir, broke the news in an interview yesterday.

•Governor, ex-minister, senator to lead CPC’s team ONGRESS for Progressive Change (CPC) leader Gen. Muhammadu Buhari is committed to the merger talks among opposition political parties, the CPC said yesterday. The Action Congress of Nigeria (ACN), the CPC, the All Nigeria Peoples Party (ANPP) and others are in talks to challenge the ruling Peoples Democratic Party (PDP) in 2015. Last week in Ibadan, former ANPP presidential candidate and ex-Kano State Governor Ibrahim Shakarau similarly expressed optimism about the workability of the merger talks.

Business Page 25

French planes bombard Mali

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•The Managing Director/CEO, UBA Capital Plc, Mr. Rasheed Olaoluwa, being congratulated by the Chief Executive Officer (CEO), Nigerian Stock Exchange (NSE), Mr. Oscar Onyema (right), during the listing of the shares of UBA Capital Plc at the NSE in Lagos…on Friday. With them is Executive Director, NSE, Mr. Jalo Waziri

RENCH warplanes have bombed the town of Gao in eastern Mali, extending their attacks deep into rebel-held territory. France’s military has been in action against Islamist militants in Mali since Friday... Foreign Page 57

•SPORT P23 •CEO P32 •JOBS P37 •POLITICS P43 •MOTORING P45


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The Nation January 14, 2013 by The Nation - Issuu