Friday 18th May 2017 by THISDAY Newspapers Ltd

Senate Issues Two-week Ultimatum to Executive to Submit Agencies’ Budget Proposals Bars NNPC, CBN, 34 other agencies from further capital expenditure Frowns at resumption of DG, lottery commission without confirmation Damilola Oyedele in Abuja

The Senate yesterday issued President Muhammadu Buhari a two-week ultimatum to submit the 2017 budget proposals of at least 36

agencies of the federal government for consideration and passage by the National Assembly, in line with the

generating, from further capital and non-essential expenditure, pending the submission and approval

Fiscal Responsibility Act (FRA). It also barred the agencies, which are revenue

of their budgets. Some of the affected agencies include the Nigerian National Petroleum

Another Chibok Schoolgirl Found, Ag. President Confirms… Page 10

Corporation (NNPC), Central Bank of Nigeria (CBN), Bureau of Public Enterprises (BPE), Federal Inland Revenue Service (FIRS), Continued on page 9

Thursday 18 May, 2017 Vol 22. No 8064. Price: N250

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UT H

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Stop Allocating Soldiers to Politicians, Wike Replies Buratai Britain warns against non-democratic change of govt in Nigeria

Ernest Chinwo in Port Harcourt with agency report Rivers State governor, Nyesom Wike has advised the Army High Command to desist

from posting soldiers to politicians, saying it was counter-productive and a threat to national security. The governor said the Chief of Army Staff, General Tukur

Buratai, should go beyond complaining that politicians are hobnobbing with soldiers and take action to check the disturbing trend. This is just as the British

government has warned against “non-democratic” change of government in Nigeria, amid concerns over Buratai’s warning on Tuesday to officers and soldiers in the

Nigerian Army to steer clear of politics and politicians, whom he claimed were attempting to influence them. He said the Nigerian Army headquarters had

received information that some individuals have been approaching some officers and soldiers for undisclosed Continued on page 10

Osinbajo Will Assent to 2017 Budget, Says Presidency FG constitutes panel on Ebola

Omololu Ogunmade in Abuja

Following that absence of clarity yesterday afternoon as to who would sign the 2017 budget after its transmission to the executive by the National Assembly, the presidency last night said Acting President Yemi Osinbajo would assent to this year’s spending bill. Reacting to the remark by the Minister of Information and Culture, Alhaji Lai Mohammed, who after the weekly Federal Executive Council meeting said that the federal government would take a decision on who will sign 2015 budget when it is transmitted, Osinbajo’s media

aide, Laolu Akande, took to his Twitter handle @kandeoj late last night, saying his principal will assent to the budget if he’s satisfied with the budget. “Just so we are clear: when the time comes and if he’s satisfied, Ag. President Yemi Osinbajo will assent to 2017 budget,” Akande tweeted. Mohammed caused the confusion on who would assent to the budget while responding to questions from State House correspondents at the end of the FEC meeting in the Presidential Villa, Abuja. Continued on page 10

Kachikwu: FG to Maintain N145 Pump Price of Petrol… Pa g e 1 2

ARCO GROUP SEEKS COLLABORATION WITH NIGERIAN ENGINEERS…

L-R: Past President, Nigerian Academy of Engineering (NAE), Prof. Ayo Ogunye; Group Managing Director, Arco Group, Mr. Alfred Okoigun; President, NAE, Mrs. Joanna Maduka; Fellow, NAE, Mr. Babajide Soyode, and Technical Secretary, NAE, Mr. I. K lnuwa, during the visit of a delegation from NAE to Arco Group’s head office in Lagos recently to discuss collaboration between the two organisations

T H I S D AY THURSDAY MAY 18, 2017

he Quarter-final matches of the 2017 GTBank Masters Cup (Season 6) held on Thursday 11th and Friday 12th May, 2017 at the Onikan Stadium in Lagos. The teeming supporters of the respective schools, comprising students, old students, parents, teachers and a host of other football enthusiasts braved the rain and sun on both days to cheer their teams to victory. Spectators were treated to an enthralling showpiece of raw football talents. The movements, dribbles, and positioning of the winning teams at the quarter final games points to an exciting and keenly contested semi-finals and final matches. The teams moving to the semi-final rounds of the competition are Greensprings Schools Lekki, Ansar Ud Deen Girls High School Itire, Ansar-Ud-Deen College, Isolo and Queen’s College Yaba in the female category. In the male category, Greensprings Schools Lekki, Anwar-Ul-Islam College Agege; Jubril Martins Memorial Grammar School Iponri and St. Finbarr’s College Akoka. The Semi Final round of matches will take place in June.

THURSDAY 11TH MAY, 2017 RESULTS

Female

Team

Greensprings Schools, Lekki

Methodist Girls High School, Yaba

Ansar-Ud-Deen Girls, High Sch., Itire

Dowen College, Lekki

Male

Greensprings Schools, Lekki

Female

Eko Boys High School, Mushin Anwar-UL-Islam College, Agege

King’s College, Lagos

FRIDAY 12TH MAY, 2017 RESULTS

Team

Male

Jubril Martins Memorial Gram. School, Iponri

St. Finbarr’s College, Akoka

Ansar-Ud-Deen College, Isolo International School. Lagos, Akoka

Queens College, Yaba Jubril Martins Mem. Gram. Sch., Iponri

St. Gregory’s College, Ikoyi International Sch. Lagos, Akoka

Students of Eko Boys High School.

Greensprings Schools, Lekki jubilate.

St Gregory's College team coach Shokoya Olayinka (right) and the reserve team in high spirit.

Anwar-Ul-Islam team after their win against King's College, Lagos.

www.gtbank.com/football

T H I S D AY THURSDAY MAY 18, 2017

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T H I S D AY THURSDAY MAY 18, 2017

T H I S D AY • THURSDAY, MAY 18, 2017

STARTERS

Oxfam: Wealth of Five Richest Nigerians Can End Country’s Extreme Poverty FG disagrees, faults structure of report Chineme Okafor in Abuja The combined wealth of five richest people in Nigeria, estimated at $29.9 billion, could end extreme poverty in the country and stop about five million citizens living in the Northeast from going through looming scorching hunger, a new report published by Oxfam Nigeria has said. The report titled, ‘Inequality in Nigeria,’ was presented to the media yesterday in Abuja. It exposed the large and growing gap between the rich and the poor in the country, revealing how the benefits of economic growth have been captured by a small wealthy elite at the expense of ordinary Nigerians. According to the report, economic inequality has remained a key factor behind the terrorism-inspired conflict that has led to the severe food crisis in Nigeria’s North-eastern states of Borno, Yobe, and Adamawa. It quoted the United Nations to have estimated that up to five million people in the region will suffer from severe food shortages this year. Also, it referenced the Forbes list of the five richest Nigerians who include Aliko Dangote, with a net worth of $14.4 billion; Mike Adenuga – $9.9 billion; Femi Otedola – $1.85 billion; Folorunsho Alakija – $1.55 billion; and Abdul Samad Rabiu – $1.1 billion. Minister of State, Budget and National Planning, Hajia Zainab Ahmed This list, however, is outdated, as one of the persons named by the to benefit from Nigeria’s wealth that works for everyone and not just report has fallen off the current because of high levels of corruption a fortunate few. “The government can make a start and the excessive influence that big Africa Forbes Rich List. “Nigeria’s richest man earns 8,000 businesses and a wealthy elite have by tackling corruption, ensuring big business and wealthy individuals pay times more in one day than a poor over government policy making. “For example, public office holders their fair share of taxes, investing in Nigerian will spend on basic needs in a year. More than 112 million people stole an estimated $20 trillion from the vital public services, and protecting are living in poverty in Nigeria, yet treasury between 1960 and 2005. And the rights of women,” said Odo. But in its reaction to the report, the country’s richest man would have while multinational companies receive to spend $1 million a day for 42 tax incentives worth an estimated the federal government refused to years to exhaust his fortune,” said $2.9 billion a year – three times more address the issues raised in it and than Nigeria’s entire health budget. instead faulted its structure. the Oxfam report. Minister of State for Budget and “Despite being Africa’s biggest It added: “Despite a rapidly growing economy, Nigeria is one of economy, the share of the national National Planning, Mrs. Zainab the few countries where the number budget allocated to education, health Ahmed, who was represented of people living in poverty increased and social protection is one of the by Mr. Eloho Samuel, a Director in the International Co-operation from 69 million in 2004 to 112 million lowest in the region. “In 2012, Nigeria spent just 6.5 Department of the ministry at the in 2010 – a rise of 69 per cent.” According to it, the number of per cent of its national budget on meeting, said the report failed to millionaires increased by 44 per education and just 3.5 per cent define the key concepts it used. “I was worried by the language, on health. By comparison, Ghana cent during the same period. The report also highlighted spent 18.5 per cent and 12.8 per tone and style of the report and significant levels of inequality between cent respectively in 2015,” the report this made me to ask, what was on the mind of the authors when the states in the country, adding that 69 further explained. Speaking on this, the coordinator report was being written. per cent of people now live below the “The methodology used in the poverty line in North-eastern states of Good Governance Programme for where the food crisis is severe, while Oxfam in Nigeria, Celestine Odo, report also raises some questions: 49 per cent live in the South-west. expressed concern that the richest is it for empirical or theoretical It also showed that women, who Nigerian had amassed more money purpose? Oxfam needs to tell us in according to it, represent 79 per cent than he can ever hope to spend in the report what it intends to achieve, of Nigeria’s rural labour force, are a country where five million people what data was gathered, where it least able to capture the benefits will struggle to feed themselves in was gathered, the sample size and the uses of the data,” said Ahmed. of economic growth because they 2017. She further stated: “When I looked Odo noted: “Extreme inequality is tend to be employed in low-skilled, exacerbating poverty, undermining at the report, I was worried about low-paid informal jobs. “Women are also less likely to have the economy, and fermenting social certain concepts, such as ‘who are had a decent education; for example, unrest. Nigerian leaders must be more the elites?’ “There was no definition of terms, over three quarters of the poorest determined in tackling this terrible such as elites and poverty. More women in Nigeria have never been problem.” He further said that the government worrisome is if the report falls into to school,” added the report. The report further explained that could end such poverty by building the hands of aggrieved individuals, poor people in the country are unable a new political and economic system how would they react?”

SENATE ISSUES TWO-WEEK ULTIMATUM TO EXECUTIVE TO SUBMIT AGENCIES’ BUDGET PROPOSALS Nigerian Immigration Service (NIS), Nigerian Electricity Regulatory Commission (NERC) and Nigerian Customs Service (NCS). The ultimatum was issued to the president because the heads of several of the agencies do not report to any ministers. The resolution followed a motion sponsored by Deputy Senate Leader, Senator Bala Ibn Na’Allah, who also sought urgent amendments to the FRA to provide penalties for breach of the legislation.

This, he said, was necessary as the absence of penalties in the FRA may have emboldened and encouraged the agencies not to submit their budget proposals to the National Assembly. “Non-compliance with the provisions of the Fiscal Responsibility Act constitutes abuse of power and economic sabotage aimed at frustrating the current economic measures being taken by the present administration to address the economic recession,” he said.

Na’Allah also accused the Fiscal Responsibility Commission of complacency and failing in its responsibility to ensure that the provisions of the FRA are adhered to. The Deputy Senate President, Senator Ike Ekweremadu, contributing to the debate, said the constitution remains supreme and its provisions must have a binding force on all authorities and persons. Continued on page 10

Two-Minute Briefing NEWS We Did Not Ask PDP Members to Defect, Says Makarfi The Senator Ahmed Makarfi-led NCC of the PDP has debunked reports that it asked members of the party to defect to any political party. Page 11

EDITORIAL Police And The Civil Populace

The insistence by the Lagos State Public Advice Centre Director, MrsTola Akinsanya, that the Divisional Police Officer in charge of Ijesha Police station who last week shot dead an apprentice tailor be prosecuted was a call we wholeheartedly endorse. Page 15

POLITICS Al-Makura: I Have Met Basic

Benchmarks in Development Nasarawa State Governor, Umaru Tanko Al-Makura agrees that no one should be a judge in his own case. Nevertheless, he disagrees with those who accuse him of not doing much to justify… Page 18

FEATURES A Promising Innovator

Ugo Aliogo writes about a technological innovator who is making waves in mechanical, civil and electrical engineering Page 20

BUSINESS Subscriber Teledensity Nosedives in First Quarter Subscriber teledensity in the telecoms sector has dropped from 110.80 per cent in January to 108.91 per cent in March 2017, according to the first quarter statistics on subscriber teledensity released by the Nigerian Communications Commission (NCC)… Page 23

DEVELOPMENT ASC: Endless Wait for the Vital Steel Billets Since inception over 46 years ago, ASCL, in Kogi State, is yet to fulfil the yearning of Nigerians to have localised steel products to boost the manufacturing industry and the economy. Page 33

INTERNATIONAL Putin Offers Transcript to Prove Trump Did Not Pass Russia Secrets Vladimir Putin said onWednes- day that U.S. President DonaldTrump had not divulged any secrets during a meeting inWashington with Russian officials and offered… Page 47

SPORTS Iwobi Thrilled to Be Back in

Action for Gunners Arsenal’s Alex Iwobi is thrilled to have marked his return to the Premier League with a 2-0 victory over Sunderland onTuesday night. Page 55

THURSDAY, may 18, 2017 • T H I S D AY

PAGE TEN

Another Chibok Schoolgirl Found, Ag. President Confirms Omololu Ogunmade in Abuja with agency report Twelve days after the release of 82 Chibok schoolgirls by Boko Haram insurgents, the presidency yesterday announced the discovery of another girl, bringing the total number of girls who have regained freedom to 164. The News Agency of Nigeria (NAN) reported that the information was made public

by Mr. Femi Adesina, Special Adviser, Media and Publicity to President Muhammadu Buhari, after the weekly Federal Executive Council (FEC) at the Presidential Villa, Abuja. Adesina was said to have disclosed that acting President Yemi Osinbajo who announced the girl’s rescue during the FEC meeting, said the girl had been brought to Abuja to join other girls who had earlier been rescued.

“Yes, at the Federal Executive Council meeting, the vice-president broke the cheery news to members of the cabinet and after that I have also spoken to defence people who confirmed it. “The details are yet to be fully unravelled. But in terms of is it true? Yes, it is true. I learnt she’s already been brought to Abuja, but I have not seen her,” Adesina was quoted as saying. While expressing optimism that

regroup, they will be flushed out again. “I believe that we have seen the worst of that insurgency. We are in a mopping up process and I believe the mop up would be completed (soon),” he said. The latest returnee brought the number of girls who have regained freedom since their abduction three years ago to 164, while 112 other girls still remain in the captivity of Boko Haram.

Following the kidnap of 276 girls on April 14, 2014 from Government Secondary School, Chibok in Borno State, 57 of the girls escaped in the immediate days of their abduction, four were able to escape in the last year (including the girl that has just been discovered), 21 were freed last October, while another 82 were released 12 days ago after a prisoner swap with the terror group.

has silenced the APC, urging the people of the state to turn out en masse for the voters’ registration exercise, so that they can vote out failed politicians. In his remarks, Works Commissioner, Mr. Iheanyichuwu Bathuel said the Old Aba Road at the Mbano junction was a critical economic road that connects neighbouring states. Also speaking, the Caretaker Committee Chairman of Oyigbo Local Government Area, Dr. Gbali Chisom lauded Wike for commencing construction of the road. Meanwhile, the British government yesterday warned

against “non-democratic” change of government in Nigeria. Making the comment, the British High Commissioner to Nigeria, Ambassador Paul Arkwright said: “The British government believes that democracy is actually critical in Nigeria. “There are elections. If you’re not happy with your leaders then you should change your leadership through the democratic process and through elections.” According to online news medium, Premium Times, the High Commissioner spoke on the sidelines of an event held in Abuja to formally launch a new

report on corruption in Nigeria, which was put together by UK policy think-tank, Chatham House. The UK envoy, while recognising the rights of citizens to agitate for a more tolerable living conditions, said his country would only encourage a change of power through the ballot box. “Our position is very clear: we stand for democracy, we stand for the democratic process and we stand for change —if that is what the people themselves want,” the diplomat said. “That has to be a choice the people make and not a choice that is imposed upon them.”

government has constituted what it termed an Ebola Preparatory Working Group headed by one Dr. Obasanya with the mandate to review all protocols and lessons from Nigeria’s response to the last Ebola outbreak in the country and simultaneously prepare the foundation that the country will build on handling the disease in the event of another outbreak. Making this disclosure during the briefing, the Minister of Health, Prof. Isaac Adewole said the decision was taken during an emergency meeting held on Monday at the Nigerian Centre for Disease Control (NCDC), following the recent outbreak of the deadly disease in the Democratic Republic of Congo (DRC).

He said the meeting which was called to discuss the preparedness of Nigeria towards the outbreak, was attended by representatives of the World Health Organisation (WHO), United Nations International Children Education Fund (UNICEF), and the United States Centre for Disease Control, among others. He also said since the Ebola disease was not indigenous to Nigeria, it could only be imported into the country through the land, sea and airports, explaining that since there are no direct flights to Nigeria from the DRC, it was agreed that all passengers should henceforth be screened. “The team is working to compile a list of trained Ebola Virus Disease (EVD) case

managers and get in immediate contact with them. We are also identifying isolation wards that can be used immediately, especially in Abuja and Lagos,” he added. Adewole also disclosed that death toll from the Meningitis outbreak in the north had risen to 1,112, adding that in the last five weeks, there has been a reduction in the number of cases reported. Also briefing the press, the Minister of the Federal Capital Territory (FCT), Mohammed Bello, said FEC considered the provision of road infrastructure in five areas in Karu, a satellite town in FCT, at the cost of N15.6 billion. He said the projects’ execution would last for 15 months.

the remaining Chibok schoolgirls and other Nigerians in captivity would soon be rescued, Adesina debunked the view that members of the Boko Haram sect had started regrouping in Sambisa forest, expressing confidence that if the sect indeed regroups, it will only suffer another defeat. “One thing you can be sure of is that this government has the capacity to confront any security challenge that arises. So, if they

STOP ALLOCATING SOLDIERS TO POLITICIANS, WIKE REPLIES BURATAI political reasons. On this basis, Buratai

warned such persons to desist from these acts and warned his men to remain apolitical. However, speaking during the flag off of the construction of Old Aba Road by Mbano junction in Oyigbo Local Government Area yesterday, Wike said all over the world, only the commander-inchief has soldiers guarding him. He regretted that in Nigeria, the authorities have made it a practice to allocate soldiers to politicians who are in the good books of the federal government, with such being soldiers used for undemocratic actions against

the people. He wondered: “Who are those approving battalions of soldiers to politicians? If they don’t want soldiers to follow politicians, they should stop giving soldiers to politicians. “It is only in Nigeria that soldiers accompany politicians. They should stop soldiers from being security details to politicians. Somebody comes home and they will give him a battalion of soldiers and they say soldiers should not hobnob with politicians. “All over the world, it is only the commander-in-chief that is allowed to use soldiers. But

here, you see soldiers following politicians everywhere.” On the construction of Old Aba Road, the governor assured residents of the area that the road would be completed on schedule. He added that the Old Market Road to Afam would also be awarded and constructed by his administration in Oyigbo Local Government Area. He said since the All Progressive Congress-led federal government has refused to complete the East West Road, his administration would continue to develop alternative routes to lubricate the Rivers economy. He said that his performance

OSINBAJO WILL ASSENT TO 2017 BUDGET, SAYS PRESIDENCY The question was obviously prompted by President Muhammadu Buhari’s absence from the country. Buhari is in the United Kingdom on a medical follow up for an undisclosed ailment. However, before his departure he transmitted a letter to the National Assembly handing over to his deputy, Prof. Osinbajo. When he was pressed to clear the air on the knotty issue, Mohammed said the decision would only be taken after the budget is transmitted by the National Assembly. “When it is submitted to the presidency, that decision will be taken,” he said. Mohammed also disclosed that FEC was yet to study the advanced copy of the budget already transmitted by the legislature to

the executive. He pointed out that the executive would compare it with the spending submitted to the legislature by the president last December, explaining that the review was necessary to find out if there are discrepancies between what was submitted and what was eventually passed. The National Assembly had increased the budget by N143 billion while it increased its own initial budget of N115 billion by N10 billion. Mohammed said the executive would commence the review of the budget when the Minister of Budget and National Planning, Udoma Udo Udoma, makes copies of the advanced document that has been transmitted to him available to all ministers.

He said the entire document was yet to be transmitted by the National Assembly. “I think it was only this morning that the Minister of Budget and National Planning informed council that the budget has been passed. He has not sent to us individually the copies of the budget passed. “We now need to look at it against what we sent and if there is any discrepancy, then we’ll report back to the Minister of Budget and National Planning for harmonisation. “The Minister of Budget and National Planning has received an advanced copy and that is what we need to look at. It has not been transmitted officially,” he said. Meanwhile, the federal

SENATE ISSUES TWO-WEEK ULTIMATUM TO EXECUTIVE TO SUBMIT AGENCIES’ BUDGET PROPOSALS “Section 80(2) says no monies shall be withdrawn from the Consolidated Revenue Fund of the Federation except to meet expenditure that is charged upon the Fund by this Constitution or where the issue of those monies has been authorised by an Appropriation Act. “It goes further in Section 80(3) to say that no money shall be withdrawn from any public fund of the Federation unless it is authorised by an Act of the National Assembly,” Ekweremadu said. He added that the National Assembly must ensure adherence to the FRA, as it is a legislation made to ensure that good governance prevails. “I believe the time has come when we are going to insist that all agencies should stop the expenditure of public funds except they are appropriated, in accordance with Section 80 of the constitution, which we have sworn to uphold. “It is our responsibility today to ensure that ultimatum is given to agencies under this government to bring these estimates for us to duly appropriate,” Ekweremadu added. Senator Solomon Adeola (Lagos West) said the agencies have budgets in excess of N10

trillion put together, which is larger than the federal budget. “As we speak, millions are being spent each day by the agencies. Some of the budgets do not even go through the minister, they submit to the chief of staff to the president,” he added. Presiding, Senate President Bukola Saraki said the matter was at the heart of the anti-corruption fight to ensure accountability and good governance. Saraki added that revenue from the agencies exceeds the money Nigeria makes from the sale of crude oil. “So it is a huge amount of our revenue line when we are talking about looking for money to fund projects, hospitals, education, etc. “This is where the sources of the revenue are and I cannot see how we can continue in a society, where we are fighting corruption, where people will be spending money without approval, without appropriation. “It must stop, it will stop and is going to stop from now. “Clearly, we have made our position known that based on this motion these agencies must get their budgets to us in two weeks, and committee chairmen I want to appeal that once we get the budgets, on our own part, let’s ensure that we work on them

very diligently and try and turn them around as quick as possible,” Saraki said. The Senate also frowned at the resumption of the Mr. Lanre Gbajabiamila as the Director General of the National Lottery Commission, without confirmation by the Senate, in breach of Section 8(1) of the Lottery Act. Senator Dino Melaye (Kogi West), raising a point of order on the matter, said Gbajabiamila was already discharging the responsibilities of the office of the DG, constituting an illegality and disrespect for the rule of law. “The DG has not only been appointed by the president, he has assumed office and has started signing documents, carrying out the functions of the office of the director-general of the National Lottery Commission without referral or confirmation of the Nigerian Senate,” he said. Melaye noted that the president sent his nominees for the chairman of the Nigerian Electricity Regulatory Commission (NERC), board members of the Niger Delta Development Commission (NDDC), non-executives directors of the Central Bank of Nigeria (CBN), and others to the Senate for confirmation. “This country is not a banana republic and the executive arm

of government cannot choose the laws to obey and the one not to obey. Why will there be selective respect for the rule of law?” he asked. Ruling on the point of order, which was not subjected to debate, Saraki said the issue was a weighty one bordering on the breach of the constitution, rule of law and democratic practice. He added that the allegation would be investigated by the Senate. “The matter is very clear. We have to first check that, truly, this gentleman (Gbajabiamila) decided on his own to disregard the law and assume. “If that is what he has done, I am sure that when it is brought to his attention he will stop that nonsense and wait for his confirmation,” the Senate President said. In another development, the Senate Ad-hoc Committee Investigating the Misuse, Nonremittance and Fraudulent Acts of Internally Generated Revenue by Government Agencies, has accused some universities of deploying fictitious accounting to evade remittances of the correct revenue accruable to the government. The chairman of the committee, Senator Adeola, speaking at the continuation of the hearing

yesterday, said the universities engage in the unscrupulous act and make up figures. He disclosed that so far, all 12 federal government-owned universities that had appeared before the committee had presented fictitious documents with contradicting figures to justify why they failed to remit any money to the Federation Account. “It is regrettable that the financial management of our universities is in such a state with many of them like the FUT (Federal University of Technology), Minna, presenting obviously fictitious documents and figures all in an attempt to exonerate themselves from nonremittance of revenue generated, while completely expending all revenue generated on sometimes frivolous expenditure heads. “I believe there is serious fraud going on at FUT, Minna, which will be revealed as it cannot reconcile the figures in their financial presentation,” he said. The lawmaker added that all 12 institutions had been directed to return with proper documents accounting for their finances in recent years. He queried how the Vice Chancellor of FUT, Minna, Professor M.A. Akanji was

unable to provide the number of the students in his school as well as the number of available bed spaces paid for the students. Akanji was also unable to reconcile the amount collected as development levy, vis-a-vis the number of students in the institution, Adeola revealed. “The VC, however, said that the sum of N12,000 is paid per bed space,” the committee chairman said.

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THURSDAY, MAY 18, 2017• T H I S D AY

NEWS

News Editor Davidson Iriekpen Email davidson.iriekpen@thisdaylive.com, 08111813081

We Did Not Ask PDP Members to Defect, Says Makarfi Sheriff: It’s sheer hypocrisy

Onyebuchi Ezigbo in Abuja The Senator Ahmed Makarfiled National Caretaker Committee (NCC) of the Peoples Democratic Party

(PDP) has debunked reports that it asked members of the party to defect to any political party In a statement issued yesterday by its spokesman,

Northern Elders: Osinbajo Cannot Replace Buhari in 2019 If President is Unable to Contest The Northern Elders Forum (NEF) has declared that acting President Yemi Osinbajo cannot replace President Muhammadu Buhari in 2019 should anything happen to Buhari who has been in the United Kingdom for a medical follow-up for an undisclosed ailment. The Chairman of the forum, Professor Ango Abdullahi, said should Buhari fail to seek re-election in 2019, the North must retain the presidency by fielding a candidate through the ruling All Progressives Congress (APC). Abdullahi said although Osinbajo, according to the constitution, should be allowed to complete the current tenure being Buhari’s deputy, he must not contest in 2019 should Buhari fail to re-contest for a second term. “The constitutional provision says that in the event that the president dies in office or becomes incapacitated for one reason or the other and cannot perform the duties of his office, he will be succeeded

by the vice president. “But no one is in a position to know at what point he is going to recover fully and come back to office, or whether the unexpected could happen,” he said. He was adamant that Osinbajo cannot replace Buhari in 2019, adding: “If the worst case scenario happens and Buhari is not back on seat, the constitution is very clear that the vice president takes over. “And what we then expect is that he will take that tenure to its logical end and from there, the politics of power sharing will take precedence over anything else.” He also said: “When the unexpected happens in 2019, we will be back to our position that the north should be treated equitably and fairly. “And we expect that another northern candidate will emerge as presidential candidate on the platform of the All Progressives Congress (APC).”

Dayo Adeyeye, the party said what it did was to ask its state chapters to adopt different approaches to the issue without prejudice to the substantive matter before the court. Adeyeye described as misleading a particular newspaper report whose headline gave the impression that the NCC had instructed party members to join other parties of their choice. “This statement became necessary because of the confusion caused by the newspaper headline and the wild rumours and misrepresentation circulating in the media, especially the social media that we directed PDP members in Lagos State to vote for APDA in the forthcoming local government elections.

“There was no such directive from the NCC. Our statement was very clear and unambiguous which was to the effect that we are in court and have absolute faith and confidence in the judiciary to dispense justice without fear or favour. “Also that we are aware that PDP is being disenfranchised in some elections and that different states have adopted different approaches to the issue without prejudice to the substantive matter before the court. “We state categorically that the NCC has never asked anyone to defect to another party. PDP is our party. Our members are enjoined to continue to demonstrate total commitment and loyalty to the party,” he said.

However, the national leadership of the PDP led by Senator Ali Modu Sheriff has described the position of the Makarfi-led caretaker committee as the highest level hypocrisy and anti-party. In a statement issued yesterday by its spokesman, Bernard Mikko, the Sheriff leadership urged PDP members to ignore such advise and continue to be loyal to the party. “The attention of the National Chairman of the PDP, Sheriff, and the National Working Committee (NWC) has been drawn to a press release by one Adeyeye on behalf of Makarfi and the court-declared illegal caretaker committee that members desirous of contesting elections should look for alternative

platforms. “We call on all loyal members to ignore this call and see them for what they are-destroyers of our much cherished party. We equally call on all members who are desirous of contesting elections to use our party, the PDP, to be rest assured of a level playing field guaranteed by internal party democracy. “It is now clear that having failed to convince members to follow them to their proposed new party, Makarfi and his co-travellers have resorted to using everything available to destroy our party. “This new antic will also fail and we assure all our aspirants that the end to impunity and imposition of candidates is in sight,” he said.

Buhari, Obasanjo, Obaigbena, Elumelu Bag DTN Heroes Awards President Muhammadu Buhari was on Tuesday night conferred with the Dr. Nnamdi Azikiwe Leadership Award to mark the 91st anniversary of Daily Times, Nigeria’s oldest newspapers. The award night, graced by influential members of the society, was held at the International Conference Centre, Abuja. Buhari earned the Times Heroes Award for his strong service-driven character, improved security in various local government areas of the North-east and the rescue of most of the kidnapped schoolgirls from Chibok. Other recipient of the leadership award, included former Presidents Olusegun Obasanjo and Goodluck Jonathan, and President of Ghana, Nana Akuffo- Addo. Senate President Bukola Saraki was named the Politician of the Decade; Governor Ibrahim Dankwabo of Gombe State was honoured as Governor of the Decade. Entrepreneur, Tony

Elumelu, emerged the winner of the Man of the Decade while Ibukun Awosika earned the Woman of the Decade version. Pinnacle Communications Limited owned by Lucky Omoluwa was awarded the Company of the Year. THISDAY Chairman, Mr. Nduka Obaigbena, bagged the Times Heroes Life Impact Award for his contributions to the media industry. Other winners of the Times Heroes Life Impact Award included Gen TY Danjuma (rtd), Pastor Paul Adefarasin, Pete Edochie, Ibe Kachikwu, Oby Ezekwesili, John Momoh, George Weah and Senator Lanre Tejuoso. Former Head of State, Gen. Yakubu Gowon (rtd), was invested with the Prize for Peace Life Impact, while Governors Nyesom Wike (Rivers), Yahaya Bello (Kogi), Akinwunmi Ambode (Lagos), Willie Obiano (Anambra), Atiku Bagudu (Kebbi) and Bindo Jubrilla (Adamawa) bagged the Good Governance awards.

BUSINESS MEETING

Chairman of Zenith Bank Plc, Mr. Jim Ovia (left), and President/CEO, Corporate Council on Africa, Florizelle Liser, during a business visit to the Civic Towers in Lagos, yesterday.

CBN Clarifies Items Valid for Forex Obinna Chima Following misconceptions and enquiries across the market about items valid for accessing foreign exchange (forex) from the interbank market, the Central Bank of Nigeria (CBN) yesterday listed the eligible items that are valid. The CBN, in a circular signed by its Director, Trade and Exchange Department, W.D. Gotring, a copy of which was posted on its website, listed 35 set of items valid for forex, and urged authorised dealers to ensure compliance. The misconception was triggered by a recent central bank circular. According to the latest circular, the items included animal or vegetable fats and oil fractions, hydrogenated (not including palm oil/Olein

and margarine,); prepared glues and adhesive based on polymers of headings 39.01 to 39.13 or on rubber; other plates, sheets, film, foil and strip of polymers of ethylene printed (only for pharmaceutical manufacturing); and bobbins, spools, cops and similar supports of paperboard .....of kind used for winding textile yarn. Some others listed were uncoated Kraft paper and board in rolls; synthetic filament yarn,textured yarn of nylon or other polyamides measuring per single yarn more than 50 text; woven fabrics of synthetic filament yarn, including woven fabrics obtained from material... polypropylene fabrics of the type used as carpet backing; laboratory - hygienic or pharmaceutical glassware;

other articles of plastics and articles of other matter (only for pharmaceutical manufacturing); and non-domestic heating/ cooling equipment, other machinery, plant or laboratory equipment not specified (only for pharmaceutical manufacturing. The CBN Governor, Mr. Godwin Emefiele, had previously clarified that a recent circular titled: “re: Revised Documentation Requirements for Allocation of Foreign Exchange, for Small-Scale Importation,” did not imply the removal of the restriction planned on 41 items from accessing forex. The CBN governor had stressed that the ban on the 41 items not eligible for FX remains in place. The central bank had in the circular stated that importers of

items that had been previously classified as “Not Valid for Forex,” with transactions value of $20,000 and below per quarter shall now qualify for allocation of foreign exchange (FX) going forward. This, it however explained shall be subject to completion of Form ‘Q’ by the small scale importers. The circular dated May 3, 2017, addressed to all authorised dealers, signed by CBN Director, Trade and Exchange Department, Mr. W.D. Gotring, had stated: “Please note that importers of items classified as “Not Valid for Forex with transactions value of $20,000 and below per quarter shall now qualify for allocation of foreign exchange subject to completion of Form Q. Note that this circular supersedes earlier circular on the subject matter.”

THURSDAY, MAY 18, 2017• T H I S D AY

NEWS

Kachikwu: FG to Maintain N145 Pump Price of Petrol NNPC now sole importer as oil price rallies Ejiofor Alike The Minister of State for Petroleum, Dr. Ibe Kachikwu has stated that the federal government would re-visit the pricing modulation model introduced in 2016 and remove the multi-layer charges on importation of petroleum products to maintain the pump price of petrol at the current N145 per litre. This is coming as the Chief Operating Officer, Downstream at the Nigerian National Petroleum Corporation (NNPC), Mr. Henry Ikem-Obih has stated that the July 1, 2017 target for the importation of higher grades of petroleum products with lower sulfur content into the country, has been shifted to September 2017. Kachikwu further stated that the federal government would also find a way to ensure that the modulation model allows Nigerians to enjoy a windfall when the price of crude oil goes down and limited exposure when the price goes up in the international market. Speaking yesterday in

Lagos at the 20th anniversary lecture of Rainoil Limited, the minister disclosed that the government was working to ensure that NNPC reduces its charge on the pro-forma invoice, which is the allowance for ship-to-ship (STS) transfer operations on imported cargoes from the current five per cent to one per cent, so as to reduce the burden on fuel marketers. He noted that when the non-availability of forex and inability to raise letters of credit forced private oil marketers to stop importation in the first and second quarters of 2016, President Muhammadu Buhari encouraged the petroleum ministry to take the bullish decision of partially liberalising the downstream sector and eliminating subsidy by adjusting to the N145 pump price. Kachikwu noted, however, that the country is at a turning point today where the required urgency for the repositioning of the downstream sector is more critical than ever. According to him, when the N145 pump price was

fixed, the price of crude oil in the international market was between $25 and $30 per barrel. “Today, the environment has changed since we took those steps because back then, crude was selling between $25 and $30 per barrel. But today, crude is over $50 per barrel, which means that the federation’s revenue stream is improving. “But whenever the price of crude goes up, as a fuel import dependent country, we see the prices of refined products go up and this comes with systemic challenges. “Again, at this time, as crude oil rallies, we begin to see the gap begins to return, as our refined product imports become more expensive. “Today, NNPC has almost gone back to importing almost 100 per cent to ensure supply stability in the country and this means it is obviously absorbing the cost implications resulting from the increase in crude oil prices,” Kachikwu explained. Kachikwu said the country was about to enter two years

of emergency as it moves towards fixing the refineries and identified infrastructure as a major challenge, saying that the refineries have continued to experience downtime as a result of years of little or no investment on maintenance. “But we plan to get investments to repair them and inject best practices and to build transparency into the management of these assets. “Hopefully, we will make them stand alone as commercial entities, making and sustaining profits. Our aim is to get to a point where we can reduce product importation by 60 per cent in 2018 and, in fact, eliminate importation of petroleum products by 2019-2020. “Apart from the NNPC refineries, we are also looking at co-locating refineries, where the NNPC will not have equity. This entails identifying individuals who can come in and build refineries within the premises of the existing refineries and share existing infrastructure for efficiency. “In addition, we are working with the private

sector, the state governments in the Niger Delta and other stakeholders to build modular refineries of 20,000 barrels per day in each of those states to create capacity over time, create jobs and contribute to government’s revenue,” Kachikwu added. He described refining as key, stressing that any country that continues to import its entire petroleum products without local processing is no different from a country that exports all its agricultural products and gets very little margins and no value added. Kachikwu said to encourage investment in refining, incentives must be provided and fiscal conditions improved. According to him, one of the key elements is pricing, adding that “a lot of time, we control pricing at the pump and the market because it is convenient”. The minister, who was represented by Ikem-Obih, said price control has created an air of insecurity on investments and ultimately turmoil in the market. Kachikwu also stated that if the federal government had

continued with the price modulation it introduced last year, there would have been stability in the market. The minister argued that the government would look into price modulation to allow Nigerians enjoy a windfall when oil prices drop and limited exposure when the price rises. He said the government would review the pricing template to remove multilayered charges on product importation, working with the Federal Ministry of Transportation. On the movement of the July 1, 2017 take off date for the importation of higher grades of petroleum products with lower sulfur content into the country to September 2017, Ikem-Obih argued that if the importation of the new specifications is implemented in July, it could cause supply disruptions. He said the NNPC was engaging the Standards Organisation of Nigeria (SON) to ensure smooth and orderly transition from the importation of the current grades of fuels to the new specifications.

T H I S D AY THURSDAY MAY 18, 2017

COMMENT

Editor, Editorial Page PETER ISHAKA Email peter.ishaka@thisdaylive.com

MACRON, LEADERSHIP RENAISSANCE AND NIGERIANYOUTH (1)

The election of Emmanuel Macron as President of France holds lessons for Nigeria, writes Emmanuel Ojeifo

hen the world talks about successful people, the conventional story line is always the same: our hero or celebrity is born in modest circumstances and by virtue of his own grit and talent, and a combination of pluck and initiative, fights his way to greatness. It is often the image of a person who rises to the top from nothing, save for his own individual effort. In his book, Outliers, the renowned American writer, Malcolm Gladwell radically alters this widespread perception of success. He argues that, “these kinds of personal explanations of success don’t work. People don’t rise from nothing. We do owe something to parentage and patronage. The people who stand before kings may look like they did it all by themselves. But in fact they are invariably the beneficiaries of hidden advantages and extraordinary opportunities and cultural legacies that allow them to learn and work hard and make sense of the world in ways others cannot.” For Gladwell, where and when we are born, the town we grow up in, who our friends and families are, the schools we attend, the culture we belong to and the legacies passed down to us by our forebears are all instrumental to understanding the ecology of success and achievement. This may well be the story of the accession of Emmanuel Jean-Michel Frédéric Macron, the 39-year-old former civil servant and investment banker who was recently elected as President of France. Macron’s election has reinforced the conviction of many people in the potential and possibilities of youth. But it has also provided another good opportunity for Nigerian youth to reaffirm their irrepressible belief in the prospects of youth leadership, in a nation that is suspicious of the preparedness of young people for politics and public service. To be sure, Macron did not fall from the sky. He is a typical portrait of the sort of remarkable people that Gladwell calls “outliers,” that is, men and women who do things that are out of the ordinary. Macron’s electoral victory is the result of careful planning and deliberate preparation for many years, since his adolescence. This fact needs to be restated very clearly in a society like ours where many young people disparage hard work, discipline, commitment and are resentful of the words ‘sacrifice’ and ‘deferred gratification.’ Delayed gratification, according to the psychiatrist M. Scott Peck, “is a process of scheduling the pain and pleasure of life in such a way as to enhance the pleasure by meeting and experiencing the pain first and getting it over with. It is the only decent way to live.” Sadly, the desire to make it by all means – fair and foul – has robbed many young people of this virtue of deferred gratification. Many young people today find themselves unwittingly choosing a shorter period of pleasure followed by a longer period of pain in preference to a shorter period of pain followed by a longer period of pleasure. No thanks to today’s version of religion, many young people are made to believe that they can make it quickly in

life and rise on the ladder of success and prosperity by believing in the “God of miracle” without work. This is not how Macron reached the height of his life’s accomplishments. He nurtured the values of hard work and discipline, with a combination of grit, pluck and initiative. Nigerian youth who want to be like him have at least four lessons to learn from this youngest president in the history of the French republic. These lessons are: faith, hard work, education, and mentoring.

MACRON’S ELECTION HAS REINFORCED THE CONVICTION OF MANY PEOPLE IN THE POTENTIAL AND POSSIBILITIES OF YOUTH

Faith: Macron was born into a non-religious, well-educated middleclass family of doctors but was baptised a Roman Catholic at his own request when he was 12. This deliberate decision of faith at such a tender age is not something to gloss over. The young Macron knew that a commitment to know God, love God and serve God is a crucial catalyst for meaningful and purposeful success in life. This remarkable decision of faith was also responsible for his choice of the Jesuit-run high school in Amiens for his secondary education. Hard work: From his early years, Macron was said to be smart and determined and performed well both in his studies and public career. He applied himself to all his tasks with diligence, vision, and a sense of purpose. In 2004, he started work as an Inspector of Finances in the Inspectorate General of Finances and then became an investment banker. He had to pay Euro 50,000 to buy himself out of his government contract in 2008 to pursue his highly paid position at Rothschild & Cie Banque. He demonstrated a capacity for quick learning, and rose through the ranks to become managing director, earning renown for his role in advising Nestlé’s $12 billion acquisition of a division of Pfizer in 2012. Education: Macron attended a series of elite schools, but he distinguished himself with his intellect at an early age. He was a young person of brilliant and exceptional qualities, displaying an aptitude for literature, politics and theatre. After attending the local Jesuit school La Providence in Amiens and the prestigious Lycée Henri IV College in Paris, he went on to study philosophy at the Nanterre University, and obtained a Master’s degree in public affairs from the Paris Institute of Political Science. His interest in civil service made him train at the École Nationale D’administration and graduated in 2004. He achieved all these educational prodigies at the age of 27, and set out to pursue a clearly defined career path in politics and public service. One could see that his academic choices were well tailored to prepare him for his future public career. He also made deliberate effort to gather wide educational experience. In 1999 he worked as an editorial assistant to Paul Ricoeur, a prominent French philosopher who was then writing his last major work. Ojeifo is a Catholic priest of the Archdiocese of Abuja

A REFORMIST IN THE SADDLE

Emmanuel Ado writes that Nasir el-Rufai, Kaduna State Governor, has done remarkably well

overnor Nasir el - Rufai of Kaduna State can safely be declared a reformist. The Macmillan dictionary defines a reformist as one “wanting to change and improve society or an institution”. Nothing has been the same since he became governor. Every sector - from the public service to the agricultural sector - has received the Nasir el- Rufai “shock therapy”. Kaduna State, the Centre of Learning, lagged behind in about every area and was in dire need of a reformist in the mould of El- Rufai to wake it up from years of stagnation. In one word Kaduna State was creaky. It is fair to conclude that rocking the boat, “shaking up” things and striving to make them better is the essential Nasir el - Rufai, Mallam to his fanatical supporters. The operating motto of El-Rufai seems to be the eternal words of Abraham Lincoln that “You can please some of the people some of the time, all of the people some of the time, some of the people all of the time, but you can never please all of the people all of the time.” El-Rufai’s zero tolerance comes from his very nature. For El- Rufai, leaders are elected to make difficult decisions and take risks. Some of his aides insist he wants to be convinced by facts and not by sentiments, or history (convention).”For El -Rufai the fact that previous governments shared grains during the Ramadan, doesn’t justify it as the right line of action or appropriate,” said Professor Kabir Mato, Commissioner of Agriculture and Forestry. Government is for common good of all and not for a tiny minority to feed fat from the state resources. Kaduna State on a monthly basis gets N2.4 billion, from the Federation Account, and has a wage bill of N2.2 billion, leaving virtually nothing for development of the state. This should be repulsive not just to the governor, but to anyone with conscience. There was never any doubt about El - Rufai’s capacity to “shake up” Kaduna State which had fallen into a state of decay with the likes of Namadi Sambo and his protege Ramallan Yero, as governors. They lacked vision and conviction, thus they couldn’t “shake up” Kaduna State. Sambo and Yero are

“twin towers” of governance defined more by looks - starched babanriga and designer sunshades- than by substance. Their times remain dark chapters in the history of Kaduna State. Sambo whose motto from day one was “promises kept”, kept none of his unwieldy 11- point agenda. His legacy remains the N20 billion office complex that is an architectural nightmare in terms of functionality, which compared to the brand new Government House Complex built by Ibrahim Shema of Katsina State for less than N10 billion, is a rip off. El- Rufai inherited a dysfunctional public service, that was largely unproductive, an aging workforce that lacked capacity to deliver, but very “focused on taking care of itself”(recurrent budget is always implemented, as opposed to capital expenditure that is hardly funded). El - Rufai has rightly argued that “No nation develops beyond the capacity of its public service”. If El -Rufai holds the public service in disdain, it is for their perceived role in the underdevelopment of Nigeria. The Kaduna State Public Service Revitalisation and Renewal Programme, aimed at improving the efficacy and capacity of the service to deliver service effectively to the people of the state, was long overdue. The reform aims to resolve issues impeding public service efficiency, address low productivity rates, redundancy, duplication of roles, high proportion of aged workers, and unskilled staff, said Bashir Mohammed, the Director General of the Bureau for Public Service. The reforms are targeted at capacity renewal, through the injection of a new generation of skilled and motivated young people, to become successors to an aging work force, guarantee sustainable service, efficiency and increased productivity, restructuring the service wage bill and making it sustainable in the long run (the less than 100,000 civil servants presently consume the entire budget, and addressing the challenges of salaries, which is already becoming a problem), review of archaic laws and procedures, revitalisation and renewal of the service to meet the challenges of a modern service. It’s a scandal that in 2017, Kaduna State, former regional capital of then

Northern Region, still has in its service - typists and stenographers. When next Bill Gates comes visiting, the governor will do well to unleash them on Bill Gates to take notes. The reforms address the negative impact of the reform. Efforts in making the reform a win-win for the workers and the state, through the replacement policy, re-training of workers to fit in and retirement programmes for those that have no place in the new order, indicates a well thought out programme. The world Bank funded Kaduna State Public Sector Governance Reform and Development Project, will further address other structural challenges like cost efficiency, quality and trainable staff. The other critical reform project is the Partnership to Engage, Reform and Learn (PERL), a five-year public sector accountability and governance programme, funded by the UK’s Department for International Development (DFID). PERL is to reform how Kaduna State Government organises its core business of making laws, implementing, tracking and accounting for policies, plans and budgets used in delivering public goods (economic stability and an enabling environment for private enterprise so as to promote growth and reduce poverty) and service delivery to the citizenry, and how citizens themselves engage with these processes. PERL has three coordinated ‘pillars’ - Pillar one, accountable, responsive and capable government (ARC); Pillar one, engaged citizens; and Pillar three, learning, evidencing and advocacy partnership (LEAP). These reforms are works in progress, but results are becoming manifest. The BusinessDay Governance and Competitiveness award for ease of doing business, conferred on Kaduna State Government is a recognition of the tremendous work that the governor and his team have put in and are continuing to put in. BusinessDay used verifiable criteria, in this instance the World Bank criteria. The World Bank uses the ease of registering a new business, obtaining business licencing, favourable tax regime, ease of obtaining land and title documents, in concluding how friendly a state or country is doing business with them. The

award wasn’t whimsical.The Business Licensing Reform (BLR) team had worked with Kaduna State Government to instigate changes in business registration procedures in Kaduna State. The reforms, means that ministries, departments and agencies (MDAs) will drastically shorten business registration durations and some MDA’s like the Ministry of Commerce; Kaduna Geographic Information Services (KADGIS); Kaduna State Urban Planning and Development Agency (KASUPDA); Kaduna State Traffic and Environmental Law Enforcement Agency (KASTELEA); The Ministry of Justice, and the Kaduna Environmental Protection Agency (KEPA),will commence E-registration procedures. The Business Licensing Reform Project is funded by the EU and implemented by DFID through GEMS3. Kemi Adeosun, the Minister of Finance in 2015 signed the Fiscal Sustainability Plan (FSP) - Framework for Sustainability of Sub- National Governments of Nigeria - with the 36 States, the Federal Capital Territory and 774 Local Governments of Nigeria. The FSP aims to address the issue of fiscal responsibility. It has five key strategic objectives, with a recommended 22- point action plan- improve accountability and transparency; increase public revenue; rationalise public expenditure, etc. States were to publish audited financial statements, publish budget implementation performance report, implement TSA, review revenue laws, biometric capture of civil servants, etc. For instance by increasing public revenue through increasing independently generated revenues, states can “stand alone” as strong functional entities. They were also expected to make every kobo count, by a rationalised public expenditure, through efficiency, reduced costs and plugging of leakages, improve public financial management by embarking on a series of reforms - revision of archaic laws, civil service rules, etc. Finally, a sustainable debt management, such that states debts are sustainable and at a healthy level. In a sense the FSP is to save the states, most of whom are permanently on blood transfusion (FAAC) from themselves, like drug addicts must be saved from themselves. Ado wrote from Kaduna

T H I S D AY • THURSDAY MAY 18, 2017

EDITORIAL POLICE AND THE CIVIL POPULACE The police must act within the law

he insistence by the Lagos State Public Advice Centre Director, Mrs Tola Akinsanya, that the Divisional Police Officer in charge of Ijesha Police station who last week shot dead an apprentice tailor be prosecuted was a call we wholeheartedly endorse. The impression is being unwittingly created that those who carry arms on behalf of the state are licensed to act above the law. There is therefore an urgent need to arrest the situation. Across the country and almost on a daily basis, several of our citizens are molested and brutalised by the police, soldiers and sundry security personnel who carry on their duties with impunity. That should worry the authorities, especially at a period when criminals are also turning their guns against these agents of state with all its implications for our national security. Several reasons have been adduced to explain the trigger-happy disposition of these men and women in uniform who have scant regards for the rights of the citizens. Such reasons include their conditions of service especially the meagre NO MATTER THE EXTENT remunerations, the OF PROVOCATION, A MAN poor living condition in OR WOMAN IN UNIFORM the barracks and low MUST NOT RESORT TO self-esteem. Perhaps TAKING THE LAW INTO for these reasons, many HIS/HER OWN HANDS of these men and women were lending themselves to be used to settle petty scores, including with recalcitrant tenants. Yet nothing could justify the whimsical resort to lawlessness by officers whose primary responsibility is to uphold the law. As we have argued repeatedly on this page, no matter the extent of provocation, a man or woman in uniform must not resort to taking the law into his/her own hands as such violates the International Convention on Civil and Political Rights (ICCPR) and other similar conventions and

Letters to the Editor

treaties of which Nigeria is a signatory. The government should therefore no longer continue to look the other way while innocent citizens are killed or maimed by agents of state. However, we recognise the fact that majority of the personnel in the police and the security agencies are good professionals who are doing their jobs to the best of their abilities. But there are a few bad eggs among them who get away with serious infarctions. Indeed, it is the nonchalant attitude of the federal government towards investigating and punishing these deviants that has allowed a culture of impunity to persist. The Inspector General of Police therefore has the primary responsibility of re-educating his men especially in the area of respect for people’s rights and the sanctity of human life. The same goes for the heads of the other military and security institutions that bear arms.

T H I S DAY

EDITOR IJEOMA NWOGWUGWU DEPUTY EDITORS BOlAJI ADEBIYI, JOSEpH USHIGIAlE MANAGING DIRECTOR ENIOlA BEllO DEPUTY MANAGING DIRECTOR KAYODE KOMOlAfE CHAIRMAN EDITORIAL BOARD OlUSEGUN ADENIYI EDITOR NATION’S CAPITAL IYOBOSA UWUGIAREN

T H I S DAY N E W S PA P E R S L I M I T E D

EDITOR-IN-CHIEF/CHAIRMAN NDUKA OBAIGBENA GROUP EXECUTIVE DIRECTORS ENIOlA BEllO, KAYODE KOMOlAfE, ISRAEl IWEGBU, IJEOMA NWOGWUGWU GROUP FINANCE DIRECTOR OlUfEMI ABOROWA DIVISIONAL DIRECTORS pETER IWEGBU, fIDElIS ElEMA, ANTHONY OGEDENGBE DEPUTY DIVISIONAL DIRECTOR OJOGUN VICTOR DANBOYI SNR. ASSOCIATE DIRECTOR ERIC OJEH ASSOCIATE DIRECTORS HENRY NWACHOKOR, SAHEED ADEYEMO CONTROLLERS ABIMBOlA TAIWO, UCHENNA DIBIAGWU, NDUKA MOSERI GENERAL MANAGER pATRICK EIMIUHI GROUP HEAD fEMI TOlUfASHE DIRECTOR, PRINTING PRODUCTION CHUKS ONWUDINJO TO SEND EMAIL: first name.surname@thisdaylive.com

irst, there is a basic issue of protection of lives by law enforcement agencies. Tragically, this vital requirement of any civilised democracy is lacking in our country today. Second, these violations have so far not attracted any consequences for their perpetrators. To the extent that crime is inherent in every society, what deters perpetrators is the certainty of consequences and penalties. Since there appears to be no serious measures to bring these deviants to justice, it is little wonder that others are joining them. This aspect is quite worrisome because the state, even with all its imperfections, remains the ultimate guarantor of our individual and collective freedom. If, by act of omission or commission, it fails to act as that guarantor, then anarchy is the clear and present danger. At a time like this therefore, we need to emphasise the point that one Nigerian life unjustly lost in the manner of these recent incidents diminishes all of us and corrodes the fabric of our society. We hope the IGP and the heads of other critical institutions of state that bear arms can get the message.

TO OUR READERS Letters in response to specific publications in THISDAY should be brief (150-200 words) and straight to the point. Interested readers may send such letters along with their contact details to opinion@thisdaylive.com. We also welcome comments and opinions on topical local, national and international issues provided they are well-written and should also not be longer than (9501000 words). They should be sent to opinion@thisdaylive.com along with the email address and phone numbers of the writer.

LAGOS ENVIRONMENT AND THE CLEANER LAGOS’INITIATIVE

t is no longer news that Lagos State, created by military fiat in 1967, turns 50 this year. Having gone through phases in its development, the state marks its Golden Jubilee in a grand style with series of activities, some of which are fundamental as they impose inevitable changes in the entire landscape. In this category are series of projects being inaugurated such as the Aboru link Bridge, Abule Egba flyover, Berger inter-change and the Badagry Parks and Gardens, to mention a few. Of no less importance and equally significant is the state’s resolve to redefine its solid waste management sector through the well-articulated Cleaner Lagos Initiative (CLI) which is calculated to bring about the transformation of the entire gamut of solid waste management in the state. According to the Commissioner for the Environment, Dr. Samuel Babatunde Adejare, the CLI will birth a new system of solid waste management that is devoid of the challenges of the old system which is fraught with deficiencies across the entire process chain; from insufficient collection services, to inefficient transportation methods and abysmal disposal practices, that are not only wasteful in terms of resource utilisation but also injurious to environmental and public health. Conversely, the CLI, through well-defined and interlinked components, will generate a new financially viable and technology-driven sub-sector to the Lagos economy, thereby creating new businesses and job opportunities to ensure that Lagos State remains a model in the country. These components are: residential waste collection and processing, commercial/ industrial waste collection, primary, secondary and tertiary drainage maintenance, provision of engineered/ hazardous sanitary landfill and manual/ mechanised street sweeping. Others are

the provision of transfer loading stations (TLS) and material recovery facilities (MRF) and marine waste collection. As part of its enormous benefits to Lagosians, the new initiative offers a bumper package which includes the engagement of an environmental consortium, with proven expertise and modern technology, to provide waste collection, processing and disposal services, the provision of 600 brand new, environment-friendly compactors by the concessionaire, the provision of over 900,000 waste bins that are electronically tracked for ease of monitoring and the creation of over 40,000 jobs for residents, including 27, 500 community sanitation workers (CSW) who are to work within their residences in the entire 377 political wards in Lagos State and are to be handsomely remunerated above the minimum wage of N18,000 with modern kits and life insurance. The readiness of the Akinwunmi Ambode administration to write its name in gold by seeing this reform through at this auspicious period of the golden jubilee of Lagos State, which is acclaimed as Nigeria’s Centre of Excellence, is real as the initiative has gone beyond rhetoric. To back the commitment of the Governor of Lagos State to give a new lease of life to Solid Waste Management in the state, the reform process has since begun with the signing of the new Environmental Management Protection Law, 2017, engagement of the environmental consortium that will henceforth manage domestic solid waste, commencement of the recertification of the present PSP operators in readiness for moving them from the domestic sector to service the commercial and industrial sectors and the setting in motion of other transitional arrangements that will make the target date of July for the commencement of the new system a reality. No doubt, governance is a two-sided coin, which implies that

the government, being entrusted with the people’s mandate, must show direction and leadership through clear and benevolent policies and programme, while the governed must fulfil their obligations by cooperating with the government to ensure the success of every well-meaning policy. Therefore, Lagosians at this point in the chequered history of the state have the enviable responsibility of supporting the government in ensuring that Lagos State, as it enters its 50th year, does away with unclean practice of the past and take its rightful position among the smart cities of the world, which have not only achieved seamless fusion of all sectors of their economy but have also turned waste to wealth and achieved the zero-waste practice. In clear terms, Lagosians must exercise full cooperation by rewarding service with payment as the success of the new system requires that they pay regularly on annual basis for the quality service to be rendered by the waste disposal company, while the government has put in place an effective mechanism to monitor and ensure satisfactory service. Moreover, the onus is on the people of Lagos State to follow the new regime of waste disposal practice such as waste sorting, separation and bagging that is bound to emerge with the new system. Just as the government, Lagosians also have the responsibility to ensure a cleaner Lagos by monitoring and reporting both unsanitary practices and acts that are capable of undermining the success of the Cleaner Lagos Initiative which is here to benefit all of us by making our beloved state cleaner, healthier and more livable. Mukaila Sanusi, Lagos State Ministry of the Environment, Alausa, Lagos

T H I S D AY THURSDAY MAY 18, 2017

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T H I S D AY THURSDAY MAY 18, 2017

T H I S D AY • THURSDAY, MAY 17, 2017

POLITICS

Group Politics Editor Tobi Soniyi Email tobi.soniyi@thisdaylive.com 08033146139 SMS ONLY

PERSONALITY INTERVIEW

Al-Makura: I Have Met Basic Benchmarks in Development Nasarawa State Governor, Umaru Tanko Al-Makura agrees that no one should be a judge in his own case. Nevertheless, he disagrees with those who accuse him of not doing much to justify federal allocations to the state. In this interview with Adedayo Adejobi, the governor explains why it is unfair to accuse him of non-performance. Excerpts: How he is coping with economic recession and sustaining the state To be able to access some wealth of proximities to the Federal Capital Territory (FCT) that is why we spent about N2.7 billion to reform the land system. We have completely transformed and reformed the land system where we have the Nasarawa Geographic information System (NAGIS) in line with what operates exactly in Abuja. The sole aim of mapping the entire state is to reform all land administration, especially within the axis of the FCT which will in turn give value to the land in consonant to that of FCT for revenue generation. The land ministry has already generated some good revenue within the period under review. Our Geographic Information System is even more sophisticated than the one in Abuja. These are the types of infrastructure and foundations I have put in place. And so by the time we start to earn revenue from these land reforms, we shall be the better for it. I wouldn’t be wasting my time waiting for federal allocation. As it is now, our internal revenue generation is about 300 per cent more than what I met, and it will keep increasing. I am now signing at least 100 certificates every day and that fetches money. So, it is just a matter of time, I wouldn’t be counting the clock waiting for federal allocation because the internally generated revenue from the land system would have cushioned whatever problems we have. So these are the kind of things I feel should be done to this state, by taking care of the vulnerable, the abandoned, the neglected but at the same time also coming at par with one’s colleagues in certain basic expectations or benchmarks in terms of infrastructure, exposure and development. Reaction to allegations of non-performance Every analyst or judge is entitled to his own opinion on what is his perception about my performance. I think it would not be modest for me to score myself. I’ll rather this scoring be done not even by the press or the elites, but by the very people who voted me and are the beneficiaries of my interventions. However, I will only give you an insight into what I consider to be my efforts since I came on board. My pre-occupation as the governor of Nasarawa State is to make sure I attain and achieve three things namely: sanitise the system by being accountable to the people that voted me - in terms of performance, physical and financial transactions. On that same score note, transparency, prudence are all part of it and to inculcate certain values, virtues, ideas that will make every citizen trust the government. We also want the citizens to take interest where everybody takes government as everybody’s business. It has to do with morality and perception. I am making attempts with the slim resources within my disposal for effective development of our schools, hospitals, the airport and cargo port, farmers and youths. To see that all ordinary people access basic health services that is why our emphasis as a state now is on primary health care delivery system. We have renovated refurbished, provided furniture, books and ICT. We have also collaborated with the state and the Universal Basic Education (UBE) board. What is his greatest desire as a leader? Achieving good governance at all levels of government requires absolute sacrifice, selfless service, as well as high level of commitment to the well-being of the people. Democracy, they say, is the government of the people by the people and for the people. In other

sion of instructional materials for improved learning standard of the pupils. To address the impending problems of farmers, especially as regards access to fertilizers, we have introduced a deliberate policy that would provide the commodity at the door steps of farmers and at affordable prices. That is in addition to the provision of farm implement and free improve seeds to farmers. The state government has also entered into an agreement with foreign investors to cultivate rice in large scale and other agricultural product for the economic advancement of the state. What has government done in the health sector? The health institutions in Nasarawa State got a new face lift through renovation and equipping of hospitals with modern health facilities for quality and easy access to health needs. All the primary health care centres have been upgraded to standard clinics with modern facilities. To further make quality drugs available and affordable especially to the common people, the state government signed an agreement with the DFID on drugs revolving scheme.

Al-Makura…gave himself pass mark

words, it is a total engagement of the people who take the pains to elect leaders that will in turn deliver dividends of democracy for their improved living standard. As an elected leader, I see it as an obligation to fulfill my covenant with the electorate by ensuring the provision of infrastructure and other basic social amenities. Falling short of my electoral promise may bring about loss of confidence and untold hardship to the people as told in the case study of Nasarawa State’s fifteen years of democratic rule where basic social amenities were neither here nor there. However, over five years in office, my administration changed the twelve years of agony of democratic rule in the state to a more habitable and structurally established society through deliberate effort to improve the living standard of the common people. What are the developmental strides so far? So far, a total of 350 kilometres of township roads were constructed in Lafia, the state capital. These include 1.43km Abdulkura Street and Abdul Shitu Adamu Muazu Road, 1.41km Agwai Anguwar Nungu Junction and 4.8km Lafia East - Government Guest House towards Makonjigi Road. Others are 1.2km People’s Bank - New Market Road, 3.5km UAC-Gonar Mallam Sarki Road, as well as 1.2km Awe Street road. The 3.75km Stanbic Bank-Kurikyo Road, 600m Treda Kurikyo Road and 1.2km INEC office, Alkali Street-Adamu Mu’azu Kurikyo Road. Others are 10.5km Gonar Mallam Sarki Kwandere-College of Agric Road and 900m Governor Isa Street road. Other local government headquarters benefited from the road construction project where 3-4km of roads were constructed in all the areas bringing the total kilometers of urban road constructed within the period under review to over 100km. The rural communities are

also not left out as a total of 236km of roads were constructed. Most of the projects both urban and rural roads have been completed, while others are 80 percent completed, bring the total sum of roads constructed to about 350 kilometres. What about power generation and supply? Still within the period under review, the epileptic power being experienced in the state is now history due to huge investment injected into the power sector through continuous procurement of low and high capacity transformers, as well as other electrical inputs to realise 24 hours electricity supply. I procured over 75 transformers of different capacities mounted at different locations across the state. Efforts in the educational sector The priority accorded primary education in the state has re-awakened the lost glory of primary education through the payment of 50 percent counterpart fund for UBE project plan. So far, a total of 113 units of three classroom blocks with office and four unit toilets and 32 units of two classrooms blocks with office and four unit toilets were completed. The government also facilitated the construction of 45 blocks of three class rooms under ETF projects. Two blocks of story building with eight classrooms each, two offices and 16 unit of toilet were also constructed as a pilot scheme as well as construction and distribution of 155,000 set of school desks. More construction of schools have been advertised for implementation this year. They include 36 story building with eight classrooms each across the state, 16 three classroom blocks, 45 renovation of schools and provision of boreholes, as well as construction of additional 6000 school desk. This is in addition to the payment of both WAEC and NECO fees of all students as well as provi-

What is government doing about youth empowerment? The youth constitute over 70 percent of the society and as such, the state government is not living any stone unturned at engaging the youths with one form of skills or the other. Apart from engagement of over three thousand youths in each of the thirteen local government areas of the state into traffic wardens, vigilante group as well as sanitary inspectors, the state government recently sponsored a reasonable number of youths to Singapore to acquire different skills. I personally led the delegation where we procured some skills acquisition machines installed at the four technology centres across the state. Going by my antecedents as one from the private sector, we have initiated ways of generating revenue for the state which prompted the completion of Lafia Modern Market and restructuring of Karu International Market, which will no doubt generate huge revenue for the state. On the digitalisation of the Nasarawa Broadcasting Service We awarded a contract for digitalisation of the Nasarawa Broadcasting Service (NBS) to the tune of over N2 billion in line with NBC’s procedure. The Nasarawa printing press equally acquired new digital machines and commenced operations. Is the state borrowing to do all it had done? One of the most interesting things is our refusal to take loan of any kind despite the capitally intensive nature of projects embarked upon by the administration. But instead, the government paid over N25bn out of N35bn back-log of debt inherited from the previous administration. We procured and launched over 100 unit of Keke Ta’al to address the security challenges associated with commercial motorcycles, as well 50 units of 21-seater buses to improve the transport system in the state. The government also donated over 50 Hilux vans to the police for improve security surveillance. Sports development and recreation centres also got renovated. No wonder Transparency International (TI) ranked us high in accountability and transparency in the discharge of our duties as a government.

T H I S D AY • THURSDAY, MAY 17, 2017

POLITICS

Delta Assembly Crisis: A Test of Ibori’s Leadership The recent impeachment of the Speaker of the Delta State House of Assembly, Chief Monday Igbuya, is a direct challenge to the godfather of Delta politics and former governor of the state, Chief James Ibori. Segun James looks at the intrigues and how the crisis will playout

he adage that one man’s hero is another man’s scoundrel can not be more true than in the case of Chief James Onanefe Ibori the former Governor of Delta state who not too long ago returned to the country after serving time in a British prison for corruption. Ibori, no doubts, is considered the political godfather of Delta state after having established his reputation during his time as governor from 1999 to 2007. During this period, he crowned and anointed loyalists and determined the fate of many people. That was many years ago. Now, his leadership is being contested and challenged by his some of his former loyalists who believe that Ibori has lost touched with political reality in the state and should not have plunged into issues he did not have full grasp of in the bid to assert his leadership. But in the midst of this, a game of cat and mouse appears to be taking place in the Delta political stage. The felines are both Ibori, the former godfather and Governor Ifeanyi Okowa, the emerging political force in the state while the rodents are the members of the state’s House of Assembly where the winner will determine the political fortunes of the state in 2019. The question now is who will blink first as the two lock horns in the battle to control the soul of the state. The recent impeachment of the Speaker of the Delta State House of Assembly (DTHA), Chief Monday Igbuya by 22 out of the 29 members of the state’s assembly is now testing the continued leadership of the former governor, who, since coming back from serving time in prison, wants to determine the political fortune of the state. Following Igbuya’s impeachment, Ibori who is now nicknamed ‘Big Brother Delta’ since he came back reportedly ordered that he be returned as speaker and that the status quo should be maintained. But he got a rude shock when the lawmakers insisted that the former speaker representing Sapele constituency remained impeached and suspended for three months.The road to face-off between the lawmakers and Ibori began during the assembly’s plenary sitting last Thursday when 22 out of the 29 members of the house voted to impeach the speaker and immediately replaced him with the member representing Okpe constituency, Sheriff Oborevwori. The house also elected the member representing Isoko South constituency 2, Johnson Erijo, as the new majority leader having suspended indefinitely the former majority leader, Mr. Tim Owhofere who was said to have leaked the move to impeach the speaker. Moving the motion for the impeachment of the speaker, Ejiro, who was armed with a list of the 22 members who signed the impeachment notice, said the impeachment became necessary following what he called the former speaker’s deception, highhandedness, and incompetence, adding that Igbuya’s leadership style was unacceptable to the house. Erijo stated that for the house to move forward, a new speaker was needed, as the state legislature was key to the growth of democracy and development of the state. The motion was seconded by the member representing Oshimili South constituency and former speaker of the house, Peter Onwusanya was unanimously adopted following which the deputy speaker who presided called for nomination to replace the impeached speaker. In his acceptance speech, Oborevwori, who immediately took the relevant oaths of office and allegiance administered by the Clerk of the House, Lyna Ocholor, promised to adhere strictly to the rules of the house. Oborevwori immediately announced the dissolution of all standing committees and adjourned to Tuesday, May 23 for the next sitting, a move which immediately sealed the fate of the embattled former speaker. The action of the house members was said to

Ibori...Delta lawmakers rejected his intervention

have infuriated Ibori who was instrumental to the emergence of Igbuya as speaker while he (Ibori) was in prison in the United Kingdom. He was even more irked when he found that the action of the legislator was at the behest of the state governor, who in his bid to assert his political leadership in the state was determined to confront Ibori. A member of the house who spoke with our correspondent but pleaded that his name should not be disclosed said Ibori had lost touched with reality. He said: “Ibori has refused to read the political barometer of the state since he came back. He has forgotten that since he was in prison there have been two governors after him and the political dynamics of the state have changed since then. How can he think he will determine who takes what and how when there is a sitting governor in place? The governor ‘na mugu’? His actions since coming back has been confrontational and aimed at undermining Okowa. “He has ordered us to reinstate Igbuya, let’s see if his word is law any more in the state. The man thinks he is a god. We have elected a new speaker; let’s see how he would remove him. The joke in his move to bring back Igbuya by ordering all Urhobo legislators in the house to withdraw from the impeachment process is at best laughable. He forgot that the new speaker the ultimate beneficiary is not just Urhobo but also from Okpe like Igbuya. We are waiting for BigBrother-Delta to come and compel us to do his bidding.” The Delta legislator insisted that the myth around Ibori would disappear when the lawmakers refuse his orders, adding that the political reality would soon dawn on him. Most surprisingly, the man who is heading the defiance against Ibori is Mr. Michael Diden aka Ejele who was a political son of the former governor. It was Ibori in 2003 that made Diden who is the member representing Warri North constituency in the DTHA the

chairman of Warri North Local Government Area. However, the relationship was never one way. Diden was a grassroots politician who was instrumental to the victories recorded by both Ibori and his successor, Dr Emmanuel Uduaghan and also in the last general election, the victory of Okowa in the Itsekiri and Ijaw riverine and heartland of Warri. He has since been the backbone of Okowa in the Warri, Itsekiri and Ijaw areas where he wields considerable influence. The decision to impeach Igbuya was said to have been taken by Okowa and Diden. The governor asked him to mobilise his colleagues and he did. But the move which was planned for Thursday 18th of May, was immediately executed when it became known that the Majority Leader of the house had leaked the move to the impeached speaker who started mobilising against his impeachment. In the midst of the impeachment saga, unknown to Ibori, Okowa played along with him and other Urhobo leaders mobilized by the sacked speaker to mount pressure on the lawmakers to reverse their decision and reinstate Igbuya. But the die has been cast. There was no turning back. A meeting held to discuss the matter immediately after the impeachment ended in deadlock and was rescheduled. Another meeting with the lawmakers and the governor with representatives of Ibori in attendance at the Government House was also deadlocked. Rising from the meeting with the governor, one of the principal officers of the house confided in newsmen that they would never reinstate Igbuya. “Ibori and Okowa are only wasting their time because the house will never bring a curse upon itself. The impeachment of Igbuya stands and there is nothing Okowa or Ibori can do about it. Okowa was in full support of the impeachment and all of a sudden he is turning around to ask us to reverse what we have done constitutionally. “Deltans are with us on this. Even as we talk, Sapele, his constituency, is agog following

his impeachment. We are advising Okowa and Ibori to stay clear of this issue or have their fingers burnt,” he insisted. The former speaker had only Mrs. Orezi Esievo, who represents Isoko South constituency 1, and James Ibori’s daughter, Erhiatake Ibori, who represents Ethiope West constituency, Evans Ochuko Iwurie, a member representing Ethiope East constituency remaining with him after the meeting ended in deadlock. According to Ms. Ibori who spoke in pidgin english: “Nothing dey happen. The impeachment cannot stand. My father has said it already so no cause for alarm. Igbuya remains the speaker whether they like it or not,” Ms. Ibori assured the embattled Igbuya. Meanwhile, the list of lawmakers who have signed the impeachment notice is said to have risen to 26 excluding Igbuya himself, and the new member who took over from the late Mrs. Omawumi Udoh, Princess Diabo and Ibori daughter, Erhiatake, a situation which has diametrically dented the political powers and image of the former governor. Efforts by former governor Uduaghan to speak to the lawmakers were rebuffed as he was accused of being the principal architect of the political crisis in the state. He was told to his face that only a few weeks earlier, he sponsored the candidate of the All Progressives Congress (APC) in the Bye-Election to the Warri South constituency against the candidate of the Peoples Democratic Party (PDP), a move which suggests that he has left the party for the APC, hence he is no longer in a position to mediate in the crisis that is essentially that of the PDP. According to them, Uduaghan lacks the credibility to intervene in the impeachment saga as he lacks the respect of the lawmakers, most of whom he worked against during the 2015 general election. They said that since leaving office in 2015, Uduaghan had lost control in his primary constituency, Warri and the state in general and as such they would give no heed to home as the crisis spirals on.

THURSDAY, MAY 18, 2017 • T H I S D AY

FEATURES

Acting Features Editor Charles Ajunwa Email charles.ajunwa@thisdaylive.com

A Promising Innovator Ugo Aliogo writes about a technological innovator who is making waves in mechanical, civil and electrical engineering

amuel Chinedu Ndubisi is an engineer with special interest in electrical, civil and mechanical engineering, building construction works and agriculture. He was born into a family with a rich culture in technical innovation, craft and metal fabrication. In his teenage years, he took up this family tradition with a desire to carve out a path for himself. Growing up under a father who was a professional welder helped greatly to hone his skills set in metal fabrications. Samuel’s journey into the engineering world began with the production of locally made amplifiers and helicopters. “My father was a professional welder and a craftsman, therefore much of the things that related to engineering and fabrication he did them by himself instead of outsourcing labour. His tools were always available for us. We used them to either play or learn things about engineering and fabrication.” “Samuel also had the opportunity to learn with the work tools. For me, I will say Samuel inherited the spirit of craftsmanship from my father. He was more passion driven for technical innovations, more than any of us in the family,” noted his brother Stephen Ndubisi. Today, Samuel’s dream has been fulfilled. He has succeeded in establishing an integrated service providing company in collaboration with friends who are also partners. The company is known as Smuals Nigeria Limited. They specialise in electrical, civil and mechanical engineering, building construction works and agriculture. They have been in this business since 2011. The company fabricates equipment, and electrical gadgets. One of the products they fabricated is the automatic transfer switch which is known as automatic change over. The gadget transfers electricity from the power source to the generating sets, then to the NEPA source and when power goes off, it transfers it back. They have also fabricated manual dewatering machine. Later they realised that it took three hours to de-water about a minimum of one ton of cassava flour. It also required somebody to man the machine in order to apply pressure where it is needed. These perceived inadequacies propelled these technical experts to fabricate the automatic

My father was a professional welder and a craftsman, therefore much of the things that related to engineering and fabrication he did them by himself instead of outsourcing labour… For me, I will say Samuel inherited the spirit of craftsmanship from my father. He was more passion driven for technical innovations, more than any of us in the family

The automatic transfer switch built by Samuel

Hydraulic Cassava De-Watering machine. The automatic de-watering machine has a pressure sensor which signals the machine to add more pressure where it is needed, with this therefore the job gets a lot easier and a ton of cassava can get de-watered within 30-45 minutes. They also developed a cassava grating machine. They are currently working on a three-in one cassava grater machine. It is expected that when completed, the machine will boost of the capacity to peel, wash and grate the cassava and it is about 60 per cent complete. The company is building a strong presence in the manufacturing industry with its fine finished products. In the aspect of electrical gadgets, Smuals Nigeria has also succeeded in spreading its footprint in the market, but the only challenge which they are facing is that the low acceptance of locally made goods by Nigerians. The electrical gadgets have the functionality equipped into them with a voltage sensing device, which senses whether the voltage is high, and if the voltage is too high, then it shuts it down until the voltage comes down to normal then supplies. When the voltage is too low it will cut it off. It has an over-voltage sensing device too which senses the load range. If the load range is too high, the device will shut down by itself until you reduce the load. These are all productive devices aimed at securing the gadget.

Rural electrification Another area which the company has delved into is rural electrification. Though the company has not achieved any major successes yet, nontheless the company is on its way to improving its capital base to carry out rural electrification projects. Samuel explained that electrification projects require huge capital outlay to be invested into it. Before embarking on any electrification project he said they usually establish their terms and conditions and they work with communities with a maximum of 100 houses. He espoused that instead of bearing the cost of electrification, they focus on supplying the materials, electrify the community, and task the landlords in the community to pay the total of the project by installment, then hand over the project when they have covered the cost. “Our focus mainly is for them not to breach the terms of the agreement. For instance, if we go to them and they accept our proposal we start work in order to ensure that we don’t run into unnecessary controversies because programmes such as these are very unpredictable. They create problems that are not supposed to be and in the end we tie down our capital. The project takes a lot of funds, in the agreement there is a stipulated amount of money. Until we realise the fixed amount, they are expected to work with us, if it is maintenance work, fault diagnosis, the company will take care of that. But until we finish, they cannot go

to another player in the field again. Once we realise our money, we hand over the project to them. “We have not been able to fully electrify any community yet, but we have worked with some communities since our company is facing financial challenges. We were not able to carry out the burden of financing the whole project; therefore what we did was to carry out the modeling, the survey work and handled the project basically. “But in terms of raw materials, we had to connect them down to our suppliers to deal directly, so in order not to place too much burden on our neck. So far the electrification we have done in Onireke community, Ogun State is 90 per cent complete. The availability of raw material will determine how long it will take to carry out the project. So far they have been to access some credits.” Sourcing business capital When the group started, it was a group of eight young men who came together with a vision of building a viable company in the area of technical innovations, electrical and agriculture. Today, that dream has taken a different course. Most of the brains behind the business have abandoned the dream for something else. Samuel said currently the company has just three individuals remaining in the business and they have been funding the company from individual savings. Despite their desire to continue running the company against all odds, one huge challenge confronting them is that the

• T H I S D AY THURSDAY, MAY 18, 2017

FEATURES

Samuel displaying his work

Samuel...needs assistance from government

means of income of these individuals have stopped. Therefore he noted that they have not been able to carry out certain projects. When Samuel said this there was pain in his eyes, his heart was unsettled because it was gradually eaten up by sorrows and frustration. “In order to get capital for the business, we tried the Bank of Industry (BOI) but we couldn’t meet up with their demands.

One of the products they fabricated is the automatic transfer switch which is known as automatic change over. The gadget transfers electricity from the power source to the generating sets, then to the NEPA source and when power goes off, it transfers it back

The automatic transfer switch

One of such demands was a presentation of our cash flow analysis of the company. This was at a time when we didn’t have bank account; we were mainly financing the business through individual incomes. Therefore this couldn’t be possible as such provisions are only possible when you have a corporate account. “We tried other avenues to get money but we realised that it might result to fraudulent acts. So we decided to hands off. Another thing they requested for was to know if the company has started production? Then every gadget we fabricated was done inside my living room. “Our business office was where we used to meet with prospects. My living room was not organised well enough to entertain these prospects; in the end we decided to settle with what we had. We also tried accessing loans from major commercial banks, but they told us that they cannot finance starters. Even if we have already started, they still request for the cash flow analysis. We also tried Micro-finance banks, but they told us that they don’t finance production -based businesses but small-scale retail businesses.

is not good. Therefore he suggested that government should make a law that in every public institution the electrical appliances used should be locally made, people would aggressively embrace made-in-Nigeria products more than foreign ones. “A local manufacturer is also a manufacturer; it is because government wants state-of-the-art in production therefore the locally made products are dropped in order to make way for the foreign made. In developed countries, they invest heavily in machinery and production. “Even if an investor comes to invest, the market is not willing which is a very big challenge. If government makes a policy that binds on people to effectively make use of locally produced goods, there is a strong tendency that the economy will improve drastically. Also, the production sector will benefit greatly from such. There is Innoson cars; the question here is how many public offices are using Innoson cars? We don’t have the market yet. Nobody wants to put in money where it will be tied down,” he added.

Patronising made-in-Nigeria goods Samuel is a strong believer in made-inNigeria goods. His utmost desire is to see Nigerians buy and use a large percentage of what is produced in the country at the expense of foreign made goods. He opined that government policy towards made in Nigeria goods have to change because it

The place of Technical Colleges in training artisans In discussing about the role of technical colleges in training artisans, Samuel argued that technical colleges provide basic knowledge in theory and practical to intending artisans better than the universities. He further maintained that the best way to

add value to technical colleges is ensuring that already existing engineers go through technical colleges for training and skills set improvement. He added: “Nigeria as a country missed the mark from the outset. If we want to revive our technical colleges it is a good move, but it may not stand the test of time because the country has not placed value on it. “They should begin by passing into law a legislation which compels would-be engineers and artisans to go through technical colleges to gain knowledge for a certain period for instance six months. Artisans need to go through technical colleges because they have a lot to learn. Majority of our fault diagnosis are done by artisans. “We must also make sure that the technical colleges are very easy to afford. Education in this country is very expensive. Engineering as a discipline has a lot to do with practicals, more than theory. In engineering, we are lagging behind in this country. I have not seen any made-in-Nigeria product that is striving in the market. Our major construction projects are still being handed over to the Chinese contractors. The artisans need financial support from government. If government can guarantee the finance, bring the market, and create the opportunity, the world will recognise Nigeria as a dominant force in engineering. For instance, the gadget I manufactured two years ago, pricing was the major thing that drove the product out of the market.”

T H I S D AY THURSDAY MAY 18, 2017

T H I S D AY • THURSDAY, MAY 18, 2017

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Quick Takes

FPG Technologies Wins Award

FPG Technologies and Solutions Limited, a member of Flexip Group, and a leading technology solutions provider and systems integrator, has won the ‘Cyber Security Company of the Year’ award, at the BoICT Awards held in Lagos recently. FPG, which specialises in delivering Innovative Information Technology (IT) Consulting, IT Security, Cloud, Mobility, Infrastructure solutions and services that offer unparalleled competitive advantage, was nominated for the BoICT Award, where it eventually topped other nominees in the rating, to win the award. The award was presented to FPG Technologies and Solutions Limited by Communication Week Media Limited and received by FPG’s CEO, Mr. Rex Mafiana at the awards ceremony held recently in Lagos. The event brought together leaders in the ICT industry to celebrate the successes and achievements of the ICT sector over the past year.

IXPN Hosts Regional Internet Site

BUSINESS COLLABORATION

L-R: Partner, Audit, Deloitte West Africa, Ijeoma Onwu; National Coordinator, Independent Shareholders Association of Nigeria (ISAN), Adeniyi Adebisi; Founder/National Coordinator Emeritus (lSAN), Sunny Nwosu and Chief Operating Offficer, Deloitte West Africa, Tony Olukoju, at the breakfast seminar of Deloitte and ISAN in Lagos … recently ABIODUN AJALA

Subscriber Teledensity Nosedives in First Quarter Emma Okonji Subscriber teledensity in the telecoms sector has dropped from 110.80 per cent in January to 108.91 per cent in March 2017, according to the first quarter statistics on subscriber teledensity released by the Nigerian Communications Commission (NCC), the telecoms industry regulator. Nigeria had recorded a steady growth in subscriber teledensity since the inception of Global System for Mobile Communications (GSM) in 2001; but in February this year, the teledensity growth rate started dwindling. Following the steady growth rate in subscriber teledensity, the figure had reached its peak in January this year, rising to 110.80 per cent. However, a

ICT recent statistics obtained from the NCC website showed that it dropped to 110.09 per cent and 108.91 per cent in February and March respectively. Teledensity in technical parlance is measured as the total number of active telephone connections per one hundred inhabitants living within an area and is expressed as a percentage figure. THISDAY investigations revealed that the drop in teledensity, also affected subscribers number, which also dropped across networks from 155 million in January to 154 million in February and further dropped to 152 million in March 2017. Worried about the development, industry stakeholders

have blamed the situation on recession that is currently plaguing the Nigerian economy. The Chief Executive Officer of Pinnet Informatics, Mr. Lanre Ajayi, said the purchasing power of Nigerians has been badly affected by the recession, which he said hampered subscribers’ ability to make regular calls. According to him, the reduction in calls, might have resulted in a reduction in congestion on the networks, which subsequently led to improved quality of service, since the network became less busy with fewer calls from subscribers. He therefore said subscribers had decided to let go their multiple lines, since the network has improved, a situation, he said must have

led to the drop in the number of subscribers and teledensity. Other stakeholders spoken to also blamed the drop in teledensity and subscriber number, on recession. According to them, subscribers do no longer have the financial capacity to recharge their multiple lines, and decided to stick to a single network operator with a single SIM as against multiple SIMs they used before now. But the Executive Vice Chairman, NCC, Prof. Umar Garba Danbatta, said the drop also affected mobile Internet subscription across networks, but blamed it on subscribers’ migration from 3G to 4G LTE technology service that is currently being offered by Continued on page 24

ACCI Optimistic 2017 Budget Will Take Nigeria Out of Recession Adedayo Akinwale in Abuja In spite of the federal government’s refusal to adopt a zero based budgeting, the Abuja Chamber of Commerce and Industry (ACCI) has expressed optimism that this year’s budget is capable of getting the country’s economy out of recession. The Director General of the Chamber, Mr. Chijioke Ekechukwu made the remark at a press conference in Abuja on Tuesday. Ekechukwu said: “We have seen the budget, of course. It is a budget meant to bring us out of the recession we found ourselves. We could see cohesion between the budget and the

ECONOMY medium time fiscal framework we have and Nigeria economic recovery growth plan that we already have. There is cohesion because you could see where the government of today has focussed its efforts. We also saw that in the areas of infrastructure, areas of growing infrastructural deficit that we actually had before and of course in power and in road construction.” He added that going through the details of the budget, the government plans to spend a lot in the transport sector especially on railways in the country. Ekechukwu pointed out

that if the federal government had adopted the zero based budgeting promised Nigerians, it would have helped in cutting down some unnecessary expenses in the 2017 budget. He stated: “I have a little concern because we expected to have a zero based budgeting that we were promised. But again, we saw that it was an incremental budget that we had. A zero based budget was supposed to treat the budget as if we are just starting, using this year as a base year and then taking it up from there. But we also saw that the budget so presented was just an incremental budget where the various ministries and parastatals added a particular

percentage to the old budget that they had and that is why we keep having an increased volume in the budget figure. “If we say we want a zero based budget, we should make it a zero based budget. A zero based budget should help us to actually curtail some of the excesses. For example we don’t need to budget some certain things if we really do not need them. What we really have in practical terms is implemental budget and not a zero budget that is what we observed. “From what we have seen, whether it is zero based budget or implemental budget, if every other thing remains constant, Continued on page 24

As part of its strategic drive to strengthen its West Africa leadership position, the Internet Exchange Point of Nigeria (IXPN) is now hosting Verisign’s Regional Internet Resolution Site. The activation of Verisign is coming less than a year after IXPN was elevated to the status of the West African regional Internet Exchange Point. IXPN’s elevation came after successfully vying in the Africa Union Commission’s African Internet Exchange System project for a Regional Internet Exchange Point for West Africa. Speaking on the feat in Lagos, the Managing Director and Chief Executive Officer of IXPN, Mr. Muhammed Rudman stated that the activation of Verisign’s RIR Site into IXPN physical infrastructure was a pointer to the company’s mission to become the leading IXP in Africa in the near future and in line with its mission, also to provide a national core infrastructure that facilitates internet operations in Nigeria and to localise traffic as well as reduce local internet routing cost. “We are pleased to announce that IXPN has become Verisign’s Regional Internet Resolution Site (RIR). Verisign is one of the leading companies in the Global DNS industry, they maintain two of the Internet’s thirteen Root Domain Name Servers (DNS), they are also the authoritative registry for the .com, .net and other generic Top-Level Domains (TLDs),” Rudman said.

Spectranet Bags Double Awards

Premier Internet Service Provider (ISP), Spectranet 4GLTE has been recognised with two awards by BusinessDay and Nigeria Communications Week for its innovative drive in the broadband and internet service sector of the Nigerian economy. Spectranet 4G LTE, with fast and reliable internet service for the home and office, got Beacon of ICT Award, an award put together by Nigeria Communication Week as Broadband Company of the Year and BusinessDay’s award for the Most Innovative Internet Service Provider in 2017. In separate remarks, BusinessDay and Nigeria Communications Week, organisers of the Beacon of Information and Communication Technology (BoICT) award lauded Spectranet for its innovative efforts at providing customers with fantastic internet service and experience. Editor-in Chief of Nigeria Communications week Media Limited, Mr. Ken Nwogbo, said, the Spectranet 4GLTE brand had been a pace setter in the sub-sector in the last one year, offering reliable internet services in Lagos, Port Harcourt, Abuja and Ibadan. According to him, when Spectranet 4GLTE announced the change of identity, he was curious as a journalist knowing that the brand at that time needed more than a new identity to win subscribers. He however said that the management of Spectranet, at that time, was aware of the challenges and kept rolling out innovative content from data plans to strategic pricing and outlets development that consistently enable customers to engage with the brand.

“Telecos are enablers and we need them to be more involved in electronic payment system through network expansion for voice and data services”

CEO, Electronic Payment Providers Association, Mrs. Regha Onajite

T H I S D AY •THURSDAY, MAY 18, 2017

BUSINESSWORLD SUBSCRIBER TELEDENSITY NOSEDIVES IN FIRST QUARTER telecoms subscribers. Danbatta who spoke at a media interactive session in Lagos on Tuesday, said most subscribers were dumping 3G network for 4G LTE network, which has faster speed of connectivity and cheaper data charges, apart from clearer voice quality. According to the statistics obtained from NCC’s website, as at September 2012, teledensity was 76.69%, and as at October 2012, the figure rose to 78.21%, while in November and December 2012, the teledensity rose to 78.82% and 80.85% respectively. In October, November and December 2013, the teledensity rose to 87.06%, 88.39% and 91.15% respectively. Similarly, the teledensity rose to 96.87%, 97.60% and 99.39% respectively in October, November and December 2014. In January, February and March 2015, teledensity according to the statistics, rose to 100.59%, 101.85%, and 102.81% respectively.

ACCI OPTIMISTIC 2017 BUDGET WILL TAKE NIGERIA OUT OF RECESSION what do I mean by that; if our oil production capacity of 2.2 million barrels per day remains so; if the insurgency remains as quiet as it is today; if the oil price does not drop like it did before; we are going to come out of recession with the budget we have seen.” He stressed that the budget has done so well in trying to build the capital side of it, adding, “that means we are going to be expecting a lot of flow of money round the country because of the constructions that are going to take place and because of the monies that will start circulating within. So, I expect we are going to come out of recession if all these other things remain constant.”

Group Business Editor

Chika Amanze-Nwachuku AgriBusiness/Industry Editor

Crusoe Osagie

Comms/e-Business Editor

Emma Okonji

Capital Market Editor

Goddy Egene

Senior Correspondent

Raheem Akingbolu (Advertising) Correspondents

Chinedu Eze (Aviation) Linda Eroke (Labour) Eromosele Abiodun (Cap Mkt) Ejiofor Alike (Energy) James Emejo (Nation’s Capital) Obinna Chima (Money Mkt) Reporters

Nume Ekeghe (Money Market) Nosa Alekhuogie (Maritme)

NEWS

Lagos Presents Score Card, Harps on Digital Economy Stories by Emma Okonji The Lagos State Ministry of Science and Technology, the backbone driving the digital activities of the state government, has made public, its achievements in the last two years of Governor Akinwunmi Ambode’s administration, while promising a digital economy for the state. The government therefore urged the people of the state to key into the state’s technology initiatives, designed to enhance ease of doing businesses in the state. The Commissioner for Science and Technology, Mr. Olufemi Odubiyi , who reeled out the achievements of the state through the ministry, during a ministerial press briefing in Lagos recently, said the ministry has the mandate to initiate, formulate, execute, monitor and evaluate policies relating to science and technology, and was able to execute several technology projects that were of immense benefits to the people of Lagos. Among the technology products, were the establishment of vehicle number plate and verification portal, citizens gate portal, job portal, computerisation of youth centre, and the creation of free public WiFi at parks and gardens around Lagos. He said the citizen gate portal would facilitate interaction, communication and connectivity between the citizen and the state government. He explained that the platform would afford citizens to enquire about government services, provide an avenue to make suggestions on government services for better confidence and trust in the

present administration. Odubiyi said the Lagos State Citizens Gate portal could be accessed via a web link citizensgate.lagosstate.gov.ng and a downloadable mobile App from Google play store and Apple store (Android and iOS). He emphasised that the introduction of the portal would also improve the state budget, thus making planning a lot easier, preventing waste and encouraging savings that will assist in provision of more services and developments. The Commissioner stressed that the initiative would enable government see through a one click report on dashboard, the

performance of ministries, departments and agencies (MDAs) in the state, with performance indicators, bridging communication gap between the citizens and government. With the creation of job portal, the state was able to recruit over 7,000 jobs for officers of the Neighbourhood Safety Corps, artisans and other support staff in March this year. Aside the Safety Corps agency, the state was able to use the portal in recruiting several other jobs in other MDAs, Odubiyi said. Speaking on free public Wi-Fi, Odubiyi said the state government had already

provided free public Wi-Fi services in selected parks and gardens in the state, beginning with the recently launched internet access with free WiFi at Ndubuisi Kanu Park, Alausa, adding that the implementation of the services to other parks and gardens is on-going. “These projects represent a move towards the vision of making Lagos a smart city and provides new ways for the public to enhance social leisure activities,” the Commissioner said. He added that the government, through the Ministry of Science and Technology,

provided a state-of-the-art Information Communication Technology (ICT) facility at Onikan Youth Centre to enhance youth development through e-learning and vocational studies. Speaking on the new initiatives, Odubiyi said the state had approved the science, research and innovation policy, which was put together, using the National Science and Innovation Policy as a guide. According to him, the robust policy was designed to focus on using science, research and innovation to achieve the sustainable development goals (SDGs) of the state.

EMPOWERING GIRLS IN ICT

L-R: Cisco’s CSR Programme Manager, Imoh Akpan; Cisco’s Country Manager, Kunle Oluruntimehin; Communications Lead, United Academy, Emem Ita, with students from Saint Michael’s Anglican College and Prinsoria Schools Lagos, during the Girls in ICT Day celebration at Cisco’s office in Lagos...recently

CAPDAN Steps Up Security, Cautions Lagos ITU Scribe Lists Importance Govt on Relocation Plan of 5G in a Digital Era The Computer and Allied Product Dealers Association of Nigeria (CAPDAN), the ruling body of computer village market traders located in Otigba quarters in Ikeja, has beefed up security measures in and around the computer market, with a view to stemming the rising sale of stolen goods in the market. This is as the market leaders have cautioned the Lagos State government over the rumoured relocation of the market from its current location. CAPDAN President, Mr. Adeniyi Ojikutu, who made the disclosure during an interactive session with journalists in Lagos recently, said the need to step up security in and around the market, became necessary, in order to redeem the image of genuine and registered traders in the market, as well as to protect the consumer from buying stolen mobile phones and computer gadgets. According to him, CAPDAN has partnered Fonreg software to create a web portal, which traders will key into, to register every single buyer who purchases any item from them, especially mobile phones.

In the event that the mobile phone was stolen and returned to the market for sale, the trader could quickly log on to the portal to verify if the phone was stolen. If verified that it was a stolen phone, the trader will quickly alert the real owner and the police will be invited for necessary prosecution. Ojikutu advised all customers to the computer market to always insist on registering their mobile phones with Fonreg, immediately they are purchased. The Chief Executive Officer of Fonreg, Mr. Ayo Thomas who confirmed the new move by CAPDAN, said the solution was up and running and that it would soon be officially launched, to create further awareness. Thomas told THISDAY that the traders were excited about the initiative and that over 200 traders have already registered on the portal. He said more awareness campaign would continue in order to bring all the traders on the web portal. Reaching to the planned relocation of the market by the Lagos State government, Ojikutu said Lagos government has assured the traders

that it would carry them along in the planning process since they are major stakeholders. Ojikutu however advised Lagos State government to ensure that the relocation plan would not bring division in the market and that it would not lead to loss of revenue on the part of the traders, whom he said, were doing legitimate business in the state. “If wholistic approach is not taken, it could lead to total destruction of Ikeja market master plan. Government should take a clue from Silcon Valley in the US, which was developed over a long period of time,” Ojikutu said. According to him, government should have a long term plan for the market, while considering the future of the market as the largest concentration of computer traders in West Africa, as well as the future of the traders who have also invested so much in other locations, just because of the incessant relocation threat by the state government. Any plan to relocate the market should be handled in such a way that it would not create panic among the traders, or disintegrate the traders, Ojikutu said.

The Secretary General, International Telecoms Union (ITU), Houlin Zhao, has stressed the importance of the fifth generation technology (5G) in transforming the lives of people in the digital era. Zhao who spoke at a recent technology gathering in Switzerland, said: “5G, ,IMT-2020’ technology is coming fast, and it will have great power to transform our lives for the better, through better health care, smarter cities, efficient university systems and enhanced manufacturing sector. They are all being made possible as the Internet of Things era gathers pace with an array of innovative solutions that are powering our modern economy.” He however said none of these things could reach their full potential without 5G networks. According to him, smart 5G systems will soon be essential to meet the data intensive demands of billions of people who are using ever-growing amounts of video daily. 5G will bring much faster data speeds, reliable connectivity and low latency to international mobile telecommunications (IMT). He advised governments of various countries and the global communications ecosystem, to

invest in 5G technology and ensure that devices are fully connected and sending vast amounts of data via ultra- fast broadband. “There is a great opportunity in these early stages of 5G development, when compared with past experiences in building 3G and 4G/LTE systems,” Zhao said, adding that ITU would adopt the globally harmonised spectrum and standards that would facilitate the development and implementation of 5G. Describing 5G as the backbone of tomorrow’s digital economy, Zhao said the technology represents spectrum extension; millemetre waves; cell densi cation; increased spectrum efficiency; advanced antennas; 3D beam-forming techniques; new electronic components; backhaul optimisation; D2D, among others. He explained that the 5G technology is a combination of 4G, 3G, Wi-Fi, and new radio access to create an integrated and dynamic radio access network; connectivity management mechanisms, which comes with ultra-low latency; decoupling functional architecture from the underlying physical infrastructure; network intelligence closer to users; mobile edge computing, among other benefits.

T H I S D AY •THURSDAY, MAY 18, 2017

BUSINESSWORLD

ANALYSIS

Expected Outcomes from Broadband Plan Review

Industry stakeholders have continued to hail the federal government’s decision to review the National Broadband Plan, insisting it will help define a new roadmap for broadband penetration, writes Emma Okonji At first, Nigerians were pleased with the report submitted by the Presidential Committee on broadband, chaired by the Chairman of Openmedia Communications Limited, Dr. Ernest Ndukwe and co-chaired by the Chairman of Zenith Bank, Jim Ovia. They were, however, displeased with the implementation process, which they said was too slow to achieve the broadband penetration target set by the committee. The committee, which was set up in 2012 by the then Minister of Communications Technology, Dr. Omobola Johnson, and inaugurated same year by former President Goodluck Jonathan, submitted its report in record time, with a target to achieve 30 per cent broadband penetration by 2018, up from its less than 10 per cent broadband penetration level as at 2012. Nigerians were initially thrilled by the ambiguous 30 per cent target of the five year broadband plan. But their hopes and joy started fading out following the slow pace of the implementation process of the broadband plan, which left a lot of doubts on their minds that the country may not be able to achieve the 30 per cent broadband penetration level by 2018. Their fears were heightened when Nigeria managed to reach 14 per cent penetration level by 2016. Although hope started rising again this year when Broadband Commission for Sustainable Development, announced that Nigeria’s mobile broadband penetration level, reached 20.95 per cent, industry experts became worried the more, when they realised that the increase came from mobile broadband, driven by mobile devices like the smartphones, since mobile broadband penetration is quite different from the actual broadband penetration, which is still crawling between 14 and 18 per cent at present. In spite of the low broadband penetration in the country, mobile internet penetration, which is largely driven by smartphones and other mobile devices, has surpassed 53 per cent penetration level with about 81 per cent internet subscription level. Disturbed by the slow rate of broadband penetration in the country, which has been blamed on poor implementation process, the Minister of Communications, Adebayo Shittu, last week, said the country’s broadband plan would be reviewed by the end of 2018 in order to fine-tune its contents, and its implementation process, in line with global technology trends. The decision to review the broadband plan has continued to elicit commendations from industry stakeholders, who are of the view that poor implementation process was largely responsible for its slow penetration level. NCC’s view The Executive Vice Chairman, Nigerian Communications Commission (NCC), Prof. Umar Garba Danbatta, is, however, pleased that the country’s mobile broadband penetration has reached 20.95 per cent in 2017. But he said Nigeria would have surpassed the 20.95 per cent level, if not for the insufficient broadband infrastructure in the country. Danbatta, who expressed his views in Abuja while presenting the first progress report of the eight-point agenda he unveiled to the media in 2015, said broadband remained a flagship of the agenda. “The active mobile broadband penetration released by the Broadband Commission for Sustainable Development showed that Nigeria has reached a penetration of 20.95 per cent,” Danbatta said. He explained that the Broadband Commission for Sustainable Development was set up by the International Telecommunication Union (ITU) and UNESCO in 2010. He said the provision of the National Broadband Plan that had a set target of 30 per cent penetration from 2013 to 2018, also accentuated emphasis on broadband penetration. According to him, the commission recognises its prime responsibility in the actualisation of the national broadband plan; hence the commission was set up with the aim

Broadband cable

of boosting the importance of broadband on the international policy agenda and expanding its access in every country. The NCC boss said that the commission was also set up as a key strategy in accelerating progress towards national and international development targets. “We have been able to articulate a regulatory framework that will enable strategic and systematic licensing and deployment of broadband infrastructure across the country. A broadband implementation monitoring committee has also been established within the commission to give proper assessment on regular basis of broadband infrastructure deployment,” the NCC boss said, adding, “These steps are critical success factors, which we have identified and primed for various broadband initiatives.’’ FG’s position In spite of NCC’s positive thought about the progress of broadband development in the country, the Ministry of Communications, which supervises NCC, is, however, still unsatisfied with the implementation process of the country’s national broadband plan. The Minister of Communications, in a recent chat with THISDAY in Lagos, expressed his displeasure over the slow broadband penetration level in the country. He said government would review the broadband plan at the end of 2018, in order to find out its areas of weaknesses and to strengthen it. He said the review would be necessary in order to fin-tune its contents, in line with global technology trends. He also said timeframe would be considered in achieving certain parameters in the reviewed broadband plan, in order to speed up broadband penetration in the country. “We have a broadband plan that is designed to make broadband available to all Nigerians. The broadband plan is a five year plan from 2013 to 2018, but hopefully it will be reviewed by the end of next year. By next year we will review the broadband plan and come up with new plan that will catch up with modern technology trends,” Shittu told THISDAY. Analysing the plan further, the minister said the target of 30 per cent broadband penetration as enshrined in the plan was even a low target for Nigeria in the first instance, considering the clamour for ubiquitous broadband access by Nigerians. He, however, said he was sure that the country would surpass the 30 per cent penetration target,

given the current statistics, which he said, showed some significant growth level in the country’s broadband penetration. According to him, “Broadband is the enabler to technology development of any nation. The issue of broadband accessibility is the key to technology development. So government wants Nigerians to come together and ensure that broadband is accessible and affordable to all Nigerians. Government is encouraging private sector investment in broadband in order to make it accessible and affordable.” He further stated that the existing broadband infrastructure in the country would be improved to make broadband not only ubiquitous, but also accessible and affordable to all Nigerians. Industry position Worried about the implementation process of the country’s broadband plan, the Nigeria Computer Society (NCS), the umbrella body of all computer professionals in the country, had earlier called on the federal government to expedite action on the full implementation of the country’s five year broadband plan. President of NCS, Prof. Adesola Aderounmu, who called for diligent implementation of the plan, emphasised the need for the immediate enactment of a critical National Infrastructure Bill, which he said, would help deepen broadband penetration, spur economic growth and attain national safety and security. He hailed the decision of government to review the broadband plan, which he said, would help government come up with new measures that would facilitate ubiquitous broadband access for all Nigerians. The Chief Executive Officer, Pinnet Informatics, Mr. Lanre Ajayi, who also commended the decision of government to review the broadband plan, said it would raise the hopes of industry stakeholders who were already worried about the slow implementation process of the broadband plan. According to Ajayi, infrastructure is the key to broadband penetration and government must do everything possible to develop broadband infrastructure across the country. He expressed his displeasure over the avalanche of broadband capacities that are lying untapped at the shores of the country, without the necessary infrastructure like national backbone infrastructure to transmit most of the broadband capacities from the shores of the country to the hinterlands. “There are lots of broadband capacities from MainOne, Glo 1, MTN WACS, and Sat 3, ly-

ing idle at the shores of the country, yet the consumption rate of the broadband capacity is less than 10 per cent because they are no backbone infrastructure that will transmit most of the capacities to the hinterlands where they are most needed,” Ajayi said. Internet penetration Although broadband is quite different from internet, Nigeria’s presence online, via the Internet, is on the increase, hence Nigeria has been ranked No1 in Africa and No 10 in the world in internet penetration. While broadband is the pipe that carries and transmits multiple channels of data over a single medium, which could be DSL line, coaxial cable, twisted pair cable or wireless broadband, at a very high speed, the internet itself is a massive network of infrastructure that connects millions of computers together globally, forming a network in which any computer can communicate with any other computer as long as they are both connected to the internet. Broadband therefore drives internet connectivity. According to recent data Gathered by eMarkter, the world has surpassed 2.8 billion internet users, and the figure is projected to reach 3.62 billion internet users by the end of 2018. Currently, China has the highest internet penetration with over 643.6 million users, followed by United States and India with 252.9 million and 215.6 million internet users respectively. Meanwhile Nigeria is the highest ranked African country in internet penetration, with about 57.7 million internet users, and the 10th ranked globally. Nigeria has more internet users than advanced countries like United Kingdom and France, that are ranked 11th and 12th respectively. But despite the impressive result on internet penetration level, Nigeria still ranks low in broadband penetration. The idea behind broadband plan On September 20, 2012, former President Jonathan inaugurated the presidential committee for national broadband policy and roadmap. The committee, which was chaired by Ndukwe, and co-chaired by Ovia, had 15 core members representing various stakeholder groups in the information and communications technology (ICT) sector. The committee was mandated to ensure that the broadband plan was workable and realistic and should be able to boost broadband penetration among the unserved and underserved.

THURSDAY MAY 18, 2017 T H I S D AY

SENATORIAL DISTRICT: OGUN EAST

SENATORIAL DISTRICT: OGUN CENTRAL S/N

LG/LCDA

ODEDA LGA ILUGUN LCDA

OBA LCDA

OBAFEMI LCDA

IFO LOCAL GOVERNMENT ABEOKUTA SOUTH LG. COKER/IBOGUN LCDA ABEOKUTA SOUTHEAST LCDA ABEOKUTA NORTH LG. ABEOKUTA SOUTH WEST LCDA OFADA MOKOLOKI LCDA

OPEJI LCDA

ABEOKUTA NORTH WEST LCDA OBAFEMI OWODE LGA ABEOKUTA NORTH EAST LCDA

OKE-OGUN LCDA

PROPOSED ROAD

LENGTH (km)

AVERAGE WIDTH

NO OF ROAD

(i)

Camp/Apakila Road

(ii)

Orija/Somorin - Kemta Housing Estate

2.8

Iyanbu- Morekete - OGTV

4.3

From Orile/Ilugun Town -Olokemeji Vill

(ii)

From Kila junction-Iyana Ona-Ilu Vill - Molade Vill - Apesin Vill- Abule-Oso Vill-Akonko Vill - Soaga Vill -Oniworo in Ilawo

8.7

Asphalt

(iii)

From Olodo Town - Soderu Vill-Baba Pupa vill - Ikija Vill- Abule/Ake Vill - Erunwon Vill - Alagbagba Vill.

8.4

Asphalt

(i)

Ojere- Oba - Kobape Road

20.8

(ii)

Eerin - Ore River - Onidundun Road

(iii)

Ogbe Odujoko - Mushin Ore - Onidundun Maternity Centre

(i)

Abeokuta- Obafemi - Ajebo Road

(ii)

Ipara - Iyesolu - Lisa - Apena - Sobande - Agboro Road

Asphalt

(iii)

Base - Boodo Odeda Road

14.7

Asphalt

(i)

Abekoko , Olomu Road , Osoun

EWEKORO LGA

EWEKORO NORTH, WASINMI LCDA

Asphalt

Asphalt Asphalt

Asphalt

Dumpsite Oke Aregba - Labaiwa- Asero

4.2

(iii)

Ikopa Titun - Arokoje

4.8

(i)

Ibogun Igbogun Ipake to old Bank Juntion

3.5

Asphalt

(ii)

Akinside to Ijemo Atan

2.5

Asphalt

(iii)

Iyana Onihale Agoro to Ogba Iyo Ijoko

2.7

Asphalt

Abule Oloni Lantoro Junction - Olorunsogo

2.7

(ii)

Elite Road to Abiola Way

2.1

Asphalt

(iii)

Sokenu/Akolade street to Ago-Egun

1.8

Asphalt

(i)

Majekodunmi Road , Ikereku , Macgregor Road,Ilawo Road-Ajanaku House.Idomapa

2.1

Enu Gada Road - Elega Junction , Adedotun Road link Ikija Road, Ikija road - Ikereku

3.2

Asphalt

Ita Balogun street , Araromi street, Ago Oko Ijemo Road , Ago Oko

Asphalt

(i)

Iso-Olo Road - Igbore- Itoku - Itoku Market

3.6

(ii)

Access road connecting Ogun Radio via Ita-Ogboni, Imo, Igbein to Itoku market

9.8

Asphalt

(iii)

Road beside Ita Ogboni via to Igbore, linking Itoku hall to Owode Egba garage

2.1

Asphalt

(i)

Adesan road - Abaren - Farm plantation area - Kara Nla - Mokoloki-Mogbon Etido - Sharp sand and fishing area

4.1

(ii)

Mokoloki - Imo Ijiwo - Onidundun - Onipepeye - Faring area - Ogun Osun Water Basin - Fishing and Farming area

2.5

Asphalt

(iii)

Orimerunmu - Papa - Farming area - Magboro

7.5

Asphalt

(i)

Akomoje - Opeji to Sokoto express road

2.5

(ii)

Bode Olude - Gbonagun

5.5

Asphalt

Alabata - Opeji

4.5

Holy Trinity Pry Sch 1, Sabo road - Bajomo Street - Ayetoro garage

4.5

(ii)

Bajomo Lawrence - Premier Grammer Sch - Kabiesi Olu {lupeju - Laadco Estate

3.2

Asphalt

(iii)

Sanni Araromi - Shooting Range - Ogun radio

0.9

Asphalt

Idiorogbo/Odofin road

4.3 0.9

(ii)

Ogbe - Egunya - Omolashin - african church - Totoro Road

0.7

(iii)

Opeoluwa - Omo Isolo - Housing Olomore

1.2

(i)

Ponkuku junction - Ponkuku Farm Settlement - Atapa Ikoyi village - Kosa - Aka - Elefun Osiele - Idi Ori - Ilese Awo road

Ibara junction - Ibara town - Ilewo farm Settlement - Ekerin Owu village - Kesan village - Olorunda town

Imala junction - Imala town - Olodo - Oyan (Fishing farm/market)

Asphalt 8m

Asphalt 3

6.8

(ii)

Ibiade - Agbodo - Lukogbe - Lukola - Tigara road

7.01

(iii) GIPI - Oni town - Zion -Ebute Oni road

7.02

(i)

Farm Settlement road, ikenne

2.5

(ii)

Irolu - Okun Owa road

(iii) Kanmuse Street, Ikenne

1.5

(i)

Ago Iwoye Oke Inugbo Road

8.3

(ii)

Ago-iwoye Sec, Sch - Imodi imosan road

IJEBU NORTH LGA

IJEBU ODE SOUTH LCDA

SAGAMU LGA

IJEBU NORTH EAST LGA

REMO NORTH LGA

SAGAMU WEST LCDA

REMO NORTH EAST

LEGURU LCDA

Asphalt Asphalt

Asphalt 8m

Asphalt Asphalt

(ii)

Fed. Govt College road, Odogbolu

Asphalt

(iii) Aba Ekutu road, Ibefun

2.5

Asphalt

(i)

Osun/Jegede/Mosinmi road

10.8

(ii)

Mosinmi/Ajede/Dagbolu road

Asphalt

6.5

Asphalt

Abbatior (Ijebu-Igbo/Awa road)

4.2

Topon/Ojolo/Aparaki road

Asphalt

(iii) Odobotu/Egbe/Idi-scale road

Asphalt

(i)

Ijagun road - Benin - Sagamu express road

(ii)

Satina Hotel Road - Fish farmers ponds

1.7

Asphalt

(iii) Oya street, from Lagos garage - Adelaja street, Ondo road

1.8

(i)

Sagamu - Aiyepe road

Asphalt

(ii)

Sagamu - Ode Lemo road

6.5

Asphalt

Asphalt 8m

Asphalt

(i)

Isara road - Fidiwo road

(ii)

Fidiwo - Isan (Orile Oko)

6.5

Asphalt

(iii) Gbamemo - Isan (Orile Oko)

9.5

Asphalt

(i)

Agbele - Simawa town

(ii)

Iwelepe - Toll gate

2 5 5

(ii)

Express junction (Ode Remo) - Ilara - Irolu

IJEBU NORTH CENTRAL LCDA

SAGAMU SOUTH LCDA

Asphalt 19

YEMOJI LCDA

Asphalt

(i)

Egbe junction to express through Atiba to Idowa from Town hall through mosque to express

(ii)

Idowa junction through Ala to Leguru secretariat

Asphalt

3.5

Asphalt

Lapo - Aforo road, Agbado

IFESOWAPO LCDA

Asphalt

(ii)

Oniburuku junction to Eyita to Molatori to Hospital/Market road to Agbowa road

Asphalt

(iii) Idomogun junction to Ilara to Abule Oba Ibadan express road

Asphalt

(i)

Yemoji - Isiwo - Odo Agboju

9.7

(ii)

Odo Aye - Isaki - Odo potu - Alemafo - Ogidi - Isoyin - Odo lewunren (Apunren) Barrack junction

Asphalt

Oke-Aro - Matogun road

(i)

Onibudo - Gaaun road

Asphalt

(ii)

Warewa - Banku - Mokore road

2.5

Asphalt

(iii)

Isheri Opic - Enu moso - Mawere road

3.5

Asphalt

IJEBU-EAST CENTRAL (OJOWO) LCDA

Asphalt 22

IJEBU-ODE LGA

(iii) Imodi - Igan Ago-Iwoye road

(i)

Iwaye (by Fowobi Petrol Station) - Igbomokun - Isesin - Odoladalepo - Igbodu

(ii)

Isoyin - Igan - Ilodo - Ilagunjo road

AGBARA/IGBESA LCDA

SANGO- IJOKO LCDA

Asphalt 8m

Asphalt

IDI-IROKO LCDA

Asphalt Asphalt

AFON LCDA

Asphalt 8m

Asphalt Asphalt Asphalt

IJU LCDA IBOORO

Asphalt Asphalt

(iii) Ikija - Isomu - Orunwa road

(i)

Eruwon - Luba road

1.8

(ii)

Oke Aje - Idomila road

2.5

Asphalt

0.8

Asphalt

(iii) Iyemule road (Off Adeola Odutola road)

IPOKIA LG

Asphalt

5.8

4.5

Babalawo - Atoka road

Asphalt

Agoro - Imosan road

Owowo - Ikanguolu - Olowopapa Farm Estate - Wasinmi - Loti (Mosan) road

(iii)

Igbaga to Oshiboyede to Fakale to Iraye to Itamerin to Cement estate road

(ii)

(i)

YEWA SOUTH LG

Asphalt

(iii) From Idofe Odosapo Oloye road to Ilaporu-Oritafufu

9.8

Asphalt Asphalt

Idotun - Imodi road

KETU LCDA

Asphalt 8m

3.5

(i)

LENGTH (km)

AVERAGE WIDTH

NO OF ROAD

PAVEMENT TYPE

(i)

Imeko to Oke- Agbede

Asphalt

(ii)

Oke-Agbede to Iwoye

(iii)

Imeko to Obolo

(i)

Ado odo old garage to Ikoga Zebbe (Boundary with Lagos)

(ii)

Alapoti - Oloparun Road

(iii)

Ere-Oke Padre Junction

(i)

Adelemo (Saubana Taiwo) Road

(ii)

Ijagba Tuntun/Old Itele/ Eleidi Atala Rd

6.5

(iii)

Papa Aro / Adeniji / Otun - Itele Road

(i)

Itele Lafenwa - Ayetoro

(ii)

Iyana Iyesi - Osuke Road

(iii)

Atan - Kooko Road

(i)

Okerinja-Eyinla- Ilobi- Eredo Road

8.5

(ii)

Oke-odan - Eyekanse - Ishagbo - Owo Road

(iii)

Owo- Orisada Eyo - Ihunbo Road

(i)

Agosasa through Ileshi to Tube

(ii)

Ijofin through Ibode - Ashe to Agosasa

(iii)

Tube through Agada to Iguu

(i)

Iyana Abe-osan - Igbeme- Alabe- Ita Kasia-Kofejo-Abikanlu - Ijoko Baale - Ijoko Ase to the Main Road.

(ii)

Oja Odan - Refure - Owode Balogun -Korole- Orobiyi - Orile- Igboora to Igua Road.

13.5

(iii)

Igan Alade - Ogun Osun - Odan Iga - Lasilo- Abotokio Road.

(i)

Idogo - Olokuta - Itoro - Idologun - Imeke Rd Ilaro- Ijado - Yewa mata Road

9.8

(ii)

Iwoye - Akere - Olorunda - Asafo Road

(iii)

Ilaro - Egbo Alaparun - Olosa - Eleyele Road

10.2

(i)

Ipokia through Maun to Akere

8.5

(ii)

Ipokia through Hundo to Vawhegbo , through Hundo to Agbogbe

Asphalt

(iii)

From Community Secondary School through Igboku Adebayo to Water Cooperation through Omo Jesu to LG Staff Quaters

7.5

Asphalt

(i)

Eleru road cutting across Ikumapayi and several communities and terminates at Agbara road

(ii)

Local Council HQ to Igbesa road

Asphalt

(iii)

Ishaga junction road cutting across Isaga , Kuoye and other communities and terminates at Akore Village

Asphalt

(i)

Bible College Itoki road

4.4

(ii)

Arise to Dalemo road

2.28

(iii)

Ologogoro road

4.19

(i)

Ajegunle Mede to Idologun

(ii)

Aferiku to Isioku

(iii)

Ifoyintedo to Idoforo

Asphalt

(iii) Iloti - Iroto - Irawo - Tomaba

Asphalt

(iii) Abekoko (Ipara) - Paraga - Asipa Village

Asphalt

IPOKIA WEST LCDA

Asphalt

9.5

Asphalt

(iii) Odosenbora - Idorunwon - Gbawonjo - Oke Efon - Imedun - Imewuro - Ododeyo

IFEKOWAJO LCDA

Asphalt Asphalt

Asphalt

(ii)

Ilisan - Ilara - Akaka road

ATAN /IJU/ILOGBO LCDA

Asphalt 8m

(i)

ADO-ODO/ OTA LG

Asphalt 8m

(iii) Simawa-Ipa-Soso-Ogijo Market-Oresanya-Araromi-Radelu

Asphalt

Ita maarun - Igide - Imomo - Idode - Ebute Osun

ADO-ODO LCDA

Asphalt

Aiyepe - Ijebu- Old Sagamu road

(ii)

Asphalt

(i)

Ipeja - Odosugugbawa - Ipari Oke - Ipari Nla - IbadanIjebu - Oko Osun - Ogbogbo 9.8

IMEKO/AFON

Asphalt

(iii) Oguru road, Ogbere - Oguru - Uro and express - Moborode

(i)

PROPOSED ROAD

LG/LCDA

Asphalt 8m

From Tibarisi Araromi Adekanbi village to Aiyesan Lakadi and from Ogedengbe Abidepe road to Osun State boundary

Asphalt

Kings road - LGA staff quarters road - Ita - Ogun road

(ii)

(i)

(iii) Sagamu - Ogijo road

Asphalt

Arigbajo - Ejio - Abose

2.1

Asphalt

(iii)

Osoba road, Agbado

Asphalt

Idofe junction Odoralamo to Aparaki from Imope to Ojolo

Asphalt

(iii) Awodikora/Eba/Igbo Edun/ Irokun road

S/N

Asphalt

(i)

2.5

Ode omi/ Awodikora/Okun igbosere road

Asphalt

(ii)

Asphalt

Itori - Ajanbora

Asphalt

Yobo - Laala - Asaobintin - Agbodo road

Ode omi/ Okuni Sekun road

Asphalt 8m

(i)

3.5

Asphalt

(iii) Ososa to Imodi Ijasi road, Odo Senlu to Akio road

Asphalt 8m

0.8

Asphalt

(ii)

Obada - Iwokun - Pakudi road (Obada)

Asphalt Asphalt

Asphalt

(iii) Ejina road - Iregun - Aiyegbami road - Ijesu - Origbemidele street - Ilishan road

(iii) Ita Egba/Aiyesan/Dagbolu road

Asphalt

(i)

IJEBU IGBO WEST LCDA

Asphalt

(i)

Oriyanrin - Apo - Anwo - Owu Central Mosque - Pepsi road

Asphalt

(iii)

(i)

ODOGBOLU LGA

Asphalt

(iii)

Asphalt

(ii)

IJEBU EAST LGA

Asphalt

(i)

Asphalt Asphalt

(ii)

Asphalt

Imaje road - Atake - Toll gate

Ajebandele Express Junction - Musliu - Nure - Laagon - Laaro

3.5

AGO-IWOYE LCDA

Ita- Agan road - Ibu road - Cross Ibu river bridge - Lagos Ibadan expressroad

(ii)

MFM junction to Apete

IKENNE LGA

(i)

PAVEMENT TYPE

Asphalt

(iii)

OGUN WATERSIDE LGA

NO OF ROAD

Fotedo - Toluwo/UBA - Totunba - Araromi - Tonigbo - Itasin

Asphalt

3.2

OGUN WATERSIDE EAST LCDA

AVERAGE WIDTH

(i)

2.1

SENATORIAL DISTRICT: OGUN WEST LENGTH (km)

(iii) Idagolu through Odoye - Isara road

Igbehin road

REMO CENTRAL LCDA

PROPOSED ROAD

Asphalt

Coker Road, Okenla to Ekundayo Village

Onipepeye road

Asphalt

Vespa, Iso-fufu, Abepaki to Adenrele Vill

(i) IFO CENTRAL (AGBADO-OKE ARO) (ii) LCDA (iii) ISHERI/AJUWON LCDA

(iii)

(ii)

LG/LCDA

Asphalt 8m

(ii)

(i)

S/N

Asphalt Asphalt

(i)

(iii) 17

PAVEMENT TYPE

(iii)

(ii)

T H I S D AY THURSDAY MAY 18, 2017

Asphalt 8m

Asphalt

YEWA NORTH LGA AYETORO

(i)

Rehabilitation of Gada - Afon township - Oloka road

4.2

(ii)

Owode - Babalawo - Abule Aje - Agboro - Ajeri - Atapele road

(iii)

Oloka Oke - Ajerogun - Ibara road

(i)

Igbogila- Sawonjo road- Igan Okoto

(ii)

Ibooro- Igan Okoto road

(iii)

Sunwa- Orita road-Igbogila

Asphalt Asphalt 8m

Asphalt Asphalt Asphalt

Asphalt

Asphalt Asphalt Asphalt

(i)

Ayetoro (Odorori) - Agberiodo

(ii)

Agboro junction - Opete village

Asphalt Asphalt

(iii)

Idiope - Igboori - Obada Town

Asphalt

T H I S D AY •THURSDAY, MAY 18, 2017

BUSINESSWORLD

PERSPECTIVE

Five Bad Practices in Social Media Management

Babatunde Oladele Social media has come to stay, that is why you see individuals across income levels, large, medium and small-scale organisations, as well as public figures and institutions scurrying to have a notable presence on popular social media networks such as Facebook, Instagram, Twitter, YouTube, LinkedIn, Medium, to mention a few. The fact that you took the time to read this is another strong indication of the importance ascribed to social media these days. Business schools now dedicate modules to teaching it as part of the strategy for business success. Not to mention that 32-year-old Mark Zuckerberg, founder of Facebook, the largest social media network, is currently the 5th richest man in the world with an estimated worth of $56.0 billion. In this age and time, to be without a social media presence is like living in the Dark Ages. That on its own has unsavoury implications for a public figure or prominent organisation, as it means unscrupulous fellows will go ahead to create a social media accounts in the name of such persons or entities and use such to defraud innocent people. In Australia alone, there were reported cases of $300million lost to social media scammers in 2016, with one person losing $1.6million out of that sum. At TRW Consult, we recently did a survey for one of our clients, a major oil and gas corporation and discovered there were other social media accounts in the name and guise of this company, all with valid and up-to-date information on them meant to defraud innocent people who are either aiming to work for or do business with this organisation. So, the focus of this article is not about the increasing fraudulent practices around social media. That is a discourse for another day. What I intend to dwell on are some of the bad practices business owners/managers make in deploying social media networks for commercial success which ultimately result in frustrations and failures. Let’s look at them: Hiring IT experts to manage your social media accounts

When there were just issues around internet connectivity, hardware and software, then an IT guru would have offered more value to your online endeavours. But in this dispensation of social media, a content expert is what you need to run a successful brand campaign. Content in this regard refers to text, graphic, and audiovisual information which can be published on your social media accounts in daily or weekly frequency that will be of substance to your audience; thus positioning you in their consciousness as an expert or a provider of value in your field and keep them coming back for more. As the saying goes in social media circle, content is king. Hiring anyone to manage your social media accounts Next, to ramming a square peg into a round hole by deploying a software and hardware person to manage your brand, the worst damage you can do to your corporate brand is to hire just anyone to manage your social media accounts because the person has a social media account of his/her own. Managing corporate or individual brands on social media must be done strategically. It involves planning, trend analysis, research, reporting, and creative skills coupled with content development expertise to make a success of social media. The way you won’t approach anyone you see in the hospital to attend to your ailment is the same mindset you must deploy in handing over your most sensitive and easily accessible brand assets to anyone to handle because he/she is a graduate and has social media accounts. Doing it all in-house A vibrant social media brand is usually a result of plural input. No single person can deliver a successful social media campaign on his or her own. The saying, “two good heads are better than one” holds true in social media management as in other concerns that justify it. To give your brand a vibrant edge on social media networks, you need cognitive skills in research, creativity, analysis, reportorial, content development, intuitive and trend analysis. While

it’s possible to have all these talents latent in one person, that is usually an exception and not the rule. From experience, at TRW Consult, we usually have to deploy between three operatives or the entire team to a single campaign, depending on the scale of expected result and budget of the project. Apart from this, we also have three agencies [two local and one foreign] that we also engage in running our flagship accounts. That is why we are renowned for stellar results in content, brand and reputation management, while most of our jobs come through referrals. For you to make the most of your social media brand assets, you need to deploy between two or three of your staff to the assignment for an average brand. And they should see to such concerns as social media calendar, audience analysis, [industrial or societal] trends, marketing integration, audience engagement, etc. You should also invest in training them so they can be abreast of developments and add such to their delivery. Spending less and expecting more This is another faux pa business owners and managers make. Due to the common notion about social media as a plaything or an avenue for frivolous social engagements, they do not consider it an end for business investment or marketing budget. It is this belief that informs assigning just anyone to handle their accounts in the first place. Social media, while thriving on seeming frivolous social engagements, is a serious business. The stocks of corporate and individual brands rise and fall by the week on the back of social media hits or misses. If in doubt, then google Pepsi’s Black Lives Matter to cite a recent global example. The Nigerian scene abounds with scandalous posts by spokespersons of government officials, which have earned their principals more enemies than fans, not to mention the international embarrassments such ill-advised outputs attract. To make the most of your social media endeavours, you must be willing to invest a

sizable sum in growing your audience and increasing the reach of your posts so that more netizens can see them. 5. Content is no longer king This may sound self-contradictory, considering my first point. Yes, content is no longer king in effective social media management, quality content is. You can’t say because you need to keep your channels busy with content as well as engage your audience, then you post anything or only information about your business. You will only make your audience unfollow/ unlike your accounts fast. And, once gone, it’s difficult to win them back because they would have profiled you in their psyche as a junk or irrelevant brand. You need quality, fresh and relevant content to engage a social media audience, who by nature are restless and insatiable. And you don’t do that by posting stuff about your business alone. There must be a perfect blend of content ranging between serious and trivial, hard and soft information, business and social content to win on social media. The interesting thing is that not every social media expert or agency can offer you that blend. To underscore this point, here is a commentary from the anchorperson of a local social media outfit we engaged for a major campaign: I commend TRWConsult and the team for a great job when it comes to research and content development. We also offer content development as a service for the too busy clients, but we just always prefer that the clients pass to us useful information that will make the work smoother and easier. I suppose that nails it on the importance of quality content as a catalyst in driving your personal and corporate brand to social media hit. As a recap, go for the right expertise, go for teamwork, go for quality content and have the right mindset to project your brand to top-ofthe-mind awareness on social media. - Babatunde is the team lead at TRW Consult, a marketing communications agency offering niche brand and reputation management services in sub-Saharan Africa.

28 28

THURSDAY 18, 2017 I SDDAY AY THURSDAY, mayMAY 18, 2017 • TTHHI S

29 29

AY •THURSDAY MAY 18,18, 20172017 TTHHI ISSDDAY THURSDAY, MAY

SOUTHWEST REPORT

G L O B A L I N V E S T M E N T D E S T I N AT I O N :

Why Nigeria Deserves a Fresh Look Time for licensing a new business at OGFZA now 14 days, down from 28; time for licence renewal, 48 hours from 14 days Incorporation of businesses at CAC now a 24/7 online operation The World Free Zones Convention held last month in Doha, Qatar, provided a platform to focus on country attractiveness to investment capital based on the Ease of Doing Business index, a World Bank-created measurement for ease of market entry and operations on country by country basis. Nigeria has never fared well on the index. Nigeria ranks 169 among 190 economies on the ease of doing business index, according to the World Bank 2016 ranking. The latest ranking represents an improvement from 170 in 2015. Over the years the country's ranking had not been enviable. The wrong perception of Nigeria, against the background of her classification by AIM Investment Report 2016 as one of the least competitive economies in the world, has led to outward flows of local capital to outside designations and inertia in the inflows of FDI. It was with this perception problem in mind that the managing director of Nigeria's Oil and Gas Free Zones Authority (OGFZA), Mr Umana Okon Umana, seized the moment when he had to present a paper at the Doha Convention to apprise the global investment community of the significant changes in investment indicators back home in Nigeria in the last two years as a result of the businessfriendly policies of the Federal Government, that have made the subsisting perception about doing business in Nigeria an outdated mental picture of an environment that has evolved from stasis into brisk dynamism capable of responding to the global demand for speed and efficiency. It was a fitting occasion to let the world hear of the current realities in Nigeria. Chaired by Mr Graham Mather, chairman

of the World Free Zones Convention and president, European Policy Forum, London and Brussels, the convention was fully represented by countries from all regions of the world. Nigeria, Mexico, India, USA, Tanzania, China, Thailand, Ghana, Uganda, United Arab Emirates and Australia were among the countries ably represented at the convention. Umana addressed this distinguished audience in a presentation entitled, “Clusters and FDI Promotion Strategies— Nigeria in Perspective,” which showcased the true facts about Nigeria as an investment destination on the continent that cannot be ignored; a country where more than 92 million people or 48 per cent of the population has internet access; where mobile phone penetration as at 2016 was 216 million lines; a country with a population of about 180 million, representing huge market opportunities, a highly educated workforce and low labour cost; and a country that is rich both in hydrocarbon and nonhydrocarbon investment opportunities. In an interaction with journalists on return from Doha, Umana explained that the case had to be made for the country that Nigeria is doing everything possible to get up to speed with the rest of the world with regard to starting a business and operating within the Nigeria business environment. The facts bear up his position. Nigeria is currently pushing reforms to improve on her ranking in terms of the Ease of Dong Business. It has embarked on core infrastructure projects— roads, airports, railways—to spur up growth, aided by resurgent consumer confidence, and is seriously fighting corruption. Umana noted that though globally the foreign

Vice President Yemi Osinbajo and Chairman, Presidential Council on the Ease of Doing Business

Umana addressing the World Free Zones Convention 2017 in Doha, with the Chair of the convention and president of the European Policy Forum, Graham Mather in rapt attention

OGFZA is also partnering with state governments and private sector investors to develop more free zones in Akwa Ibom, Bayelsa, Delta and Lagos states and open up more opportunities for investment operations of the top 100 Multinational Enterprises (MNEs) declined because of falling commodity prices, and MNEs especially in oil, gas and mining scaled down their operations abroad in terms of assets, sales and new investments, Nigeria should benefit from the current positive economic outlook because of the ongoing reforms and policy initiatives of the Buhari administration as well as the robust opportunities for FDIs

in other areas such as railways, airports, financial services, power, telecoms and agriculture. Other indicators that the old lethargic order is gradually giving way to a new dispensation of dispatch in business transaction is the strengthening of the regulatory framework for investment such as the reviews of the Petroleum Industry Bill and the OGFZA law. Yet other indicators

are political stability, economic diversification policies, transparent and less bureaucratic policy environment. In a step that shows new urgency reflecting the spirit of a business-friendly policy environment, the Corporate Affairs Commission (CAC) has upgraded its business incorporation processes into a 24/7 online operation, just as OGFZA has cut the turnaround time for the licensing of a new business in the free zones from 28 days to 14, and the time for licence renewal from 14 days to 48 hours. Of special mention should be the Presidential Council on the Ease of Doing Business. The council advises the Federal Government on market reforms and

other policy directions meant to make the local market environment more attractive to investors. Some of the reforms are already being implemented. Proceeding from the same reform framework, the Minister of State in the Federal Ministry of Industry, Trade and Investment, Hajia Aisha Abubakar told a stakeholders’ forum organised by OGFZA in Onne, Rivers State last February that her ministry has developed a plan called the "FMITI Plan” (Ministry of Industry, Trade and Investment Plan) which rests on five pillars of 1) industrialization, 2) investment promotion, 3) trade facilitation, 4) creating enabling environment , and 5) promoting the growth and development of

MSMEs. The target of the plan is inclusive economic growth and development. Credit for driving the ongoing initiatives under the FMITI Plan to build enabling environment for FDI and grow the economy goes to the Honourable Minister of Industry, Trade and Investment, Dr Okechukwu Enelamah, who is also the vice chair of the Presidential Council on the Ease of Doing Business headed by the Vice President, Professor Yemi Osinbajo. The FMITI Plan is itself a subset within the Federal Government global economic revival agenda called Economic Recovery and Growth Plan (ERGP), a four-year economic strategy that seeks coordination and collaboration among the nation's federating units, eliminating bottlenecks and enhancing efficiency to accelerate economic progress. Inspired by efforts at economic reform by the Federal Government, Umana said, OGFZA—a government agency for promoting, securing and sustaining investments into the nation's oil and gas free zones—has set in motion its reform process signposted by automation, which has seen to the deployment of the Enterprise Resource Planning (ERP) software

Minister of Industry, Trade and Investment, Dr. Okey Enelemah

The security situation has so improved that investors recently hailed the Federal Government and the management of OGFZA for the return of safety along the shipping lanes and the free zones and its environ generally to optimize business processes in the free zones. With regard to power, OGFZA is making a move to provide embedded power in the free zones to reduce cost of doing business. At present power is a major cost centre at the free zone in Onne, Nigeria's largest free zone, because it is not linked to the national power infrastructure. Still on the cost of doing business, OGFZA has activated the process for tariff cut for free zone investors. The downward review of tariffs in the free zones has become necessary, Umana said, because the current regime of tariffs undermines incentives offered to investors by OGFZA. The tariff review move is among a bouquet of incentives offered to free zone investors by OGFZA, a full list of which is available on the agency’s website. Other steps being taken by OGFZA to improve the business environment and

attract more investments into the free zones include investment drive such as the recent executive pitch at the World Free Zones Convention in Doha. OGFZA is also partnering with state governments and private sector investors to develop more free zones in Akwa Ibom, Bayelsa, Delta and Lagos states and open up more opportunities for investment. Worthy of critical note among the measures put in place to improve the business environment Umana at the World Free Zones Convention 2017 in Doha in the free zones is the security intervention with the initiative of area, and subsequently to that has driven down the managing director the deployment of military incidence of piracy and of OGFZA, Mr Umana hardware and personnel. kidnapping around the Okon Umana, who wrote The happy outcome is a Onne Free Zone. The a letter early in the year safer business environment. security situation has so to the National Security Among other measures that improved that investors Adviser, expressing OGFZA is implementing recently hailed the Federal serious concern at the to attract investment into Government and the deterioration of security the free zones are the onemanagement of OGFZA around the free zone. stop-shop policy (which for the return of safety The move led to security comes with accelerated along the shipping lanes meetings between the customs and immigration and the free zones and its management of OGFZA services); reduced cost environ generally. and heads of national of project execution; The good turn began security agencies in the efficient cargo handling;

warehousing, vfabrication and residential facilities as well as fiscal incentives. There is no doubt that perception dies hard, but in the face of new information that contradicts wrongly held views, the world should realign their sights. Nigeria deserves a fresh look. Its business landscape is changing for the better, thanks to the policies of the Muhammadu Buhari administration.

T H I S D AY • THURSDAY, MAY 18, 2017

BUSINESSWORLD

CONSUMER

SB Telecoms Upgrades TAMS Regulators Rally Support for Lacasera over Quality Solution with Productivity product is safe and of quality prowess and commitment to brand that is affordable and Stories by Raheem Module standard. “SON has ensured consumers’ satisfaction. He available on the go. Akingbolu To boost corporate performance, SB Telecoms & Devices has enhanced its Time Attendance Management System (TAMS) software to incorporate components, which can effectively monitor employee productivity level. The TAMS solution, developed fully in Nigeria, is a robust cloud-based time and attendance management application that allows organisations to centrally monitor the attendance of their employees across multi-locations from any part of the world. Acclaimed for its time management function, TAMS has become entrenched in the Nigerian market as the foremost application for tracking employee punctuality by businesses. As a result of its efficacy, the software has been adopted by over 1000 leading Small and Medium Enterprises (SMEs), blue chips and multinational firms operating in Nigeria and parts of West Africa. Despite its success, Lagos based SB Telecoms had to upgrade the application beyond just attendance monitoring in response to declining national employee productivity indices. The new upgrade measures employee productivity thereby providing individual businesses with bespoke data on its human resources output and dynamics for improved decision making. Commenting on the up-

graded TAMS Solution, Afolabi Abiodun, CEO, SB Telecoms & Devices, said: “Having resolved the thorny issue of employee punctuality, we challenged ourselves to provide our clients with more than time monitoring. The incorporation of the productivity element in the TAMS software was the outcome of decision, and it was a direct response to the nagging need for corporations measure the output of individual employee. We have therefore created an innovative solution which effectively monitors the productivity level of a workforce by examining certain key characteristics. Some of the key characteristics now measured by TAMS software include time management, competence, decision-making, industry knowledge and punctuality.” Available top line data by TAMS end-users indicate that the upgraded application increases operational efficiency in organisations by over 60 percent. It has also helped organisations achieve over 30 to 40 per cent cost saving on their annual payroll due to improved efficiency. The indigenous and costeffective TAMS solution which automates employee performance management and supports can help discerning businesses achieve their corporate goals and objectives via an empirical and tested means of monitoring.

Relevant regulatory bodies in the food and drink sector, including the Standard Organisation of Nigeria and the National Agency for Food and Drug Administration and Control (NAFDAC), have endorsed one of the leading apple drinks –Lacasera, as a good product for consumption. They spoke recently in Lagos when the company unveiled a new look for its flagship brand. A representative of the Director General of NAFDAC, Mr. Kenneth Azikiwe, said the product has gone through the rigorous processes and has been found to be of high quality. Also, representative of the Director General, SON, Mrs. Emordi Helen also said the

that the product conforms with the highest standard required”, she stated. In the same vein, a Director at MAN, Joseph Emoleke, commended the company for the innovative product. He called for more innovative products to make the industry thrive. At the event, the Managing Director, the La Casera Company Plc. (TLCC) Mr. Roland Ebelt, disclosed that the company had added more natural apple juice extract to the premium apple drink, which makes it the only Apple CSD with real apple juice extract in Nigeria. He said the launch of the repackaged La Casera Apple Drink is a display of the company’s forward-thinking

stressed that La Casera Apple Drink has remained the leader in the apple CSD segment for the past 16 years of existence and the company is committed to ensuring the brand maintains its leadership position, while offering consumers a superior and original apple drink with more juice offering. “La Casera Apple drink now wears a fresh new colourful and attractive look with real apple fruit indicating an increase in real apple juice content in each bottle, thereby giving consumers more taste of real apple bite. T he repackaged La Casera Apple drink still comes in a 50cl bottle but with more apple juice that will satisfy consumers’ taste and desire for a premium apple CSD

We have taken our time through research and a rigorous product development process to come up with a rejuvenated La Casera Apple Drink that is next to none” he explained. While delivering the welcome address, The Marketing Manager, The La Casera Company Plc. (TLCC), Mr. Bello Yusuf explained that the Nigerian CSD market commands a unique hold in the beverage sector of the economy with an estimated 49% of soft drinks volume sales and with the fresh new look of La Casera Apple drink, the company is set to make greater inroad into the market, as it now comes with more apple juice, combined with a refreshing and real apple taste.

Stakeholders Commend Maltina’s CSR Initiatives for Teachers Stakeholders in the education sector have emphasised the importance of teachers and the teaching profession in the quest for the nation’s growth and development, at the unveil of the 2017 edition of the Maltina Teacher of The Year in LagosIn a paper to flag-off the 2017 edition of the initiative on Tuesday, Aloy Ejiogu, a Professor of Educational Management at the University of Lagos maintained that teachers are unarguably extremely invaluable drivers of societal norms, values and growth and no other person can have such an overarching influence on the life of the young members of our society as the teacher. He noted that the teachers’ impact is not only outstanding by its success stories, but also by its potential and real time errors, while also arguing that whereas the medical doctor buries his mistakes, and the engineer dies with his mistakes, the entire society perishes with the mistakes of the teacher. “Then, can you ever imagine a Nigeria without any teacher – preprimary, primary, secondary and tertiary? Or what more, a Nigeria replete with demotivated, disgruntled, unqualified and incompetent teachers who cheat their way through this sublime and noblest of human responsibilities? What would we have in return? Ejiogu queried. A Lagos journalist, Mr. Chika Abanobi, who was also a discus-

sant at the flag-off ceremony re-echoed Ejiogu’s position and affirmed that a nation is as good as the quality of his teachers. He advised stakeholders in the education sector to step up their game in order to halt the slide in the quality and standard of education in the country. In his contribution, Apostle Adekunle Olaoye, Chairman of the Parents’ Forum of Babs Fafunwa Millennium Senior Grammar School, Ojodu, Lagos, submitted that education remains the best legacy a nation can bequeath to the younger generation. He commended the promoters of the Maltina Teacher of the Year initiative for the bold step taken to motivate teachers across the country.Mr. Imoh Essien, 2016 Maltina Teacher of the Year, a teacher from Special Education Center for Exceptional Children, Uyo, Akwa Ibom, called on government and other corporate organisations to emulate the gesture of the sponsors of the initiative to motivate teachers and improve the standard of education in the country. Also speaking at the occasion, Deputy Governor of Lagos State, Dr. Oluranti Adebule, represented by Mrs. Yetunde Odejayi, Permanent Secretary, Deputy Governor’s office, Lagos state, described teachers as the most critical asset of the nation and thanked Nigerian Breweries for the initiative she described as a big boost to teachers and the teaching profession.

HONOURED FOR HARDWORK

L-R: Director General, Delta State Innovation Hub, Mr. Chris Uwaje, presenting ‘Best Cyber Security Product Company of the Year award to CEO, FPG Technologies and Solutions Limited, Mr. Rex Mafiana, during the BoICT Awards, held in Lagos...recently

Peak Spreads Goodness to CIMA Launches Financial Neighbourhood with ‘Peak Filled’ Management Programme for Entrepreneurs Promoters of the Peak brand have identified the place of price and product availability in the consumer consideration ladder. To this end, the brand’s activation machineries are presently pushing the concept as they drive further into neighborhoods to understand more of the consumers and connecting its key brands to them. Weeks ago, Peak Filled was launched and has since gained steady ascension into the daily needs of Nigerian households, considering its affordability and accessibility. Peak Filled is a N40 Peak brand formulated to nourish families with essential vitamins and minerals; assuring them of a “Filled” Day. Peak Milk is currently combing the nooks and crannies of Lagos and currently activating Oke Arin Market, Trade Fair, Mushin, Agege… spreading the richness and nourishment of Peak Filled across Lagos neighbourhoods, with a sure plan to extend the goodness even beyond Lagos. Peak is also engaging local artistes Like Saheed Osupa amongst

others to connect more with consumers. This initiative is highly imperative especially at a time when the economic index continues spinning southward and Nigerian consumers continuously yearn for quality at affordable price. As expected, the initiative was welcomed with enthusiasm and positive energy, which is a boost for Peak Milk to do more. Mummy Dayo, a retail outlet owner in Agege applauds this initiative of Peak Milk especially in this time of economic downturn when people had cut-down the consumption of non-essential goods. Uchenna, also a retail trader in Trade Fair thinks this initiative is a boost for trade and hopes it will trigger consumers again into buying. Osifo Agani, a brand critic, sees this as a “trade stimulus that will go a long way in helping the brand equity”. He said “it is necessary for brands to continuously seek avenues to connect more with the end consumers”.

The Chartered Institute of Management Accountants (CIMA), the leading body of management accountants globally, has launched Certificate in Business Accounting for SMEs (CERTBA for SMEs) a business skill and financial management programme for entrepreneurs in the Nigerian market. Designed for small to medium business entrepreneurs, CERTBA for SMEs, addresses the financial management challenge or crisis facing entrepreneurs as they strive to enhance profitability while managing working capital. The global programme, which is now available in Nigeria, helps small to medium size businesses create a sustainable framework for good decision making, effective management of risks and cash flow. Associate Director for Nigeria, Ijeoma Anadozie, said: “The programme is designed to elevate small to medium enterprise in Nigeria to success by helping them to develop financial management and corporate governance

skills required for their firm’s survival and growth. It is a learning programme designed to ensure that entrepreneurs, especially those without a finance background, have a solid grasp of the fundamentals of business and finance, as well as the skill and confidence to run their small business like a big business CEO. “The CertBA for SMEs programme was based on extensive research and consultation with senior executives and business owners worldwide, ensuring that the learning reflects the emerging issues faced by businesses and responds to their need for competent, confident and skilled entrepreneurs.” CIMA CERTBA for SMEs will equip entrepreneurs with the knowledge and skills required to survive in today’s highly competitive market. Across, Europe and Asia, the programme ensured that entrepreneurs do not just have better business skills and financial literacy, but also run a better business.

T H I S D AY THURSDAY MAY 18, 2017

S/N

PROPOSED ROAD

LENGTH (km)

AVERAGE WIDTH

NO OF ROAD

PAVEMENT TYPE

Ota – Ayetoro Road (To Lagos State Boundary)

13.7

Asphalt

Badagry – Ikoga Road

Asphalt

Okunowa – Ikangba Road

9.6

Asphalt

Owode – Ilaro Road

24.3

Asphalt

Ayetoro – Imasai Road

19.8

Asphalt

Ita Oshin – Ibara Orile Road

7.44

Asphalt

Ilogbo – Iju Road

Asphalt

Federal Secretariat – Likosi Road

Asphalt

Alagbagba Road

Asphalt

Imala - Olorunda Road

8.3

Asphalt

Abule Oloke Road

1.7

Asphalt

Oba Oluomo – Akinside Coker Road

2.7

Asphalt

Ijebu Mushin – Owu - Ikija Road

5.5

Asphalt

Igan-Ago-Iwoye Road

1.7

Asphalt

Eruwon – Odopotu – Atan Road

Asphalt

Ilese – Okeowa Road

3.2

Asphalt

Erinlu – Imodi Mosan Road

4.2

Asphalt

Ijebu Jesha – Okunowa Road

7.5

Asphalt

Efire – Makun

2.5

Asphalt

Likosi – Simawa Odofin

Asphalt

Iberekodo – Akomoje Opeji Road

Asphalt

Ifo – Ososun Road

Asphalt

Igbeba road, Ijebu Ode

Asphalt

Joga Orile – Igan Okoto Road

Asphalt

Solomon Street, Ayetoro

Asphalt

T H I S D AY • THURSDAY, MAY 18, 2017

BUSINESSWORLD

DEVELOPMENT

ASC: Endless Wait for the Vital Steel Billets Since inception over 46 years ago, Ajaokuta Steel Company Limited (ASCL), in Kogi State, is yet to fulfil the yearning of Nigerians to have localised steel products to boost the manufacturing industry and the economy. Abimbola Akosile and Kasim Sumaina write on the federal government’s effort to reverse the trend

igeria needs steel products and plenty of it, to help elevate her into the level of industrialised nations and to fill the yawning gaps in the manufacturing industry. For this reason, governments from long past have tried to revive the various steel mill projects and related plants around the country. A few readily come to mind, especially the Ajaokuta Steel Company Limited (ASCL) in Kogi State, the Delta Steel Company in Aladja, and the feeder National Iron Ore Mining Company (NIOMCO) in Itakpe, also in Kogi State. However, a good aspect is that the Federal government and the Ministry of Solid Minerals Development have expressed commitment to the resuscitation and effective operation of the Ajaokuta Steel Company and the Delta Steel Company, with the involvement of the Global Steel Company in NIOMCO to help produce iron ore, which is the key raw material needed for the two steel companies. With ready availability of steel products from the nation’s steel plants, Nigeria’s dream of a vibrant industrial sector and its positive ripple effects would have been realised long ago. However, the nation is yet to boast of a single subway system, which is almost a prerequisite in major capitals and mega-cities around the world, e.g. London, Paris, New York e.t.c. Interplay of Forces The Sole Administrator of Ajaokuta Steel Company Limited (ASCL), Engr. Isah Joseph, has disclosed that the project, since inception over 46 years ago, has had a chequered history occasioned by an interplay of forces that have made the integrated commissioning of the steel plant elusive till date. Joseph explained that there was so much misconception and misinformation about the process route and the steel plant. This, he hinted was borne largely out of ignorance and some orchestrated campaign of calumny against the Nigerian State aimed at ensuring that the country remains perpetually, a dumping ground for steel products from the developed nations. The Sole Administrator while delivering a speech, during the recent visit of the Ministerial Team and Media Executives to the Plant in Ajaokuta, Kogi State, said, “It is a known fact that the pen profession has always played a significant role in shaping the course of history and events and given your status as an influential force in government and politics, your visit is noteworthy. “We will leverage on your immense power to alert the nation on the state of affairs here and hence positively change the narrative of this strategic sector, towards realising our dream of becoming a steel producing nation.” State of Emergency According to Joseph, “The Nigerian steel sector qualifies for the declaration of national state of emergency by government. Strategic industries like ours cannot be completely left to the vagaries of the private sector alone before its maturity. “This is because there are numerous socio economic benefits that cannot be quantified in terms of naira and kobo that will accrue from the full blown development of the steel sector, which requires the steering guidance and patronage of government”, he added. He said, “Ajaokuta Steel Plant (ASP) project is the development of an integrated iron and steel production and engineering works complex embarked upon by the federal government of Nigeria as a strategic industry, job creator and foreign exchange earner/saver with a foresight on industrialisation and diversification of the national economy. “It was envisaged that the project would generate innumerable socioeconomic benefits

Ajaokuta steel plant and increase the productive capacity of the nation through its linkages to other industrial sectors. But, since 1994, when the federal government, owner of the plant, stopped funding the completion of the project, the plant was at 98 per cent completion status.” Joseph revealed that the rolling plan, for the third decade running, remains tailored towards the reactivation, completion and commissioning of the first three phases of the project, of 1.3 million tonnes per annum of liquid steel production if it were working. “The Vision 20:2020 economic blueprint document even goes beyond the rolling plan to envisage the actualisation of the third phase of the project of 5.2 million tonnes per annum of liquid steel production”, he added. Joseph stressed that the plan takes into cognizance, the technical audits of the plant conducted by two reputable international firms in 2000 and 2010. “Based on the TPE Audit, a work schedule spanning 24 months duration and involving of about $400 million is the chief feature of the rolling plan. The project has however had a chequered history occasioned by an interplay of forces that has made the integrated commissioning of the plant elusive till date.”

Continuing, he stated that the present management of the company has been working round the clock to see how to put some of the completed facilities into use, adding that, the management has also taken actions to salvage the central archives to ensure the safety of millions of the steel plant engineering drawings and documents. “In this respect, we have taken a delivery of a high definition scanning and plotting machine for the purpose of electronic storage and retrieval of technical drawings and documents. This is the realisation of a dream of over twenty years. The goal, however, is to complete and commission the first phase of the project which is to produce 1.3 million tonnes of liquid steel per year and subsequently work for the other stages of its development.” The project he hinted, if it were 100 per cent operational, would have directly employed about 10,000 technical staff at the first phase of the commissioning, adding that the upstream and downstream industries and service providers that would evolve all over the nation will engage not less than 500,000 employees. “But, recently however, even though not

adequate, government has begun to commit resources towards the maintenance and preservation of the equipment and facilities of the plant”, Joseph noted. This he stated was, pending the decision on appropriate way forward regarding the completion, commissioning, and continuous operation of the steel plant. To this end, government is currently considering the report on various options on the way forward as advanced by a nominated Transaction Adviser concerning outright sale, concessioning and joint ventures. “The necessity to reposition the steel sector in Nigeria has geared up to be part of this worthwhile aspiration, as history is yet to reveal a nation that ever industrialised without a viable steel sector. Nigeria cannot be the exception,” said the Sole Administrator. Nigeria has to prioritise the activities at Ajaokuta, Aladja and Itakpe, in a bid to achieve that dream of being an industrialised nation, and the day the first steel billets roll off the conveyor belt in the steel plants, then will Nigeria’s industrial sector spring back to life. The earlier this takes place, the better for the nation’s overall development starting from the vital steel sector.

RANDOM THOTS Anti-corruption Initiatives Corruption is not new in Nigeria, but fresh approaches, suggestions, initiatives and, ah yes, antidotes are emerging daily to fight against a scourge which has deprived Nigeria of billions of stolen dollars, with a resultant negative impact on national development. While the average angry citizen would rather have exposed looters and indicted corrupt officials sentenced to hanging and all the recovered looted funds seized and forfeited to the government, others have different views. While the primary anti-corruption agency in Nigeria, the Economic and Financial Crimes Commission (EFCC) relies heavily on tips, intelligence

and investigation and prefers to go through the long tedious process of arrest, arraignment and prosecution of suspects (who hire top defence lawyers to frustrate their trials), the National Assembly wants prevention of corruption rather than punishment, in other words stop the crime before it happens. The leadership of the Legislature, who also suggested less fanfare and media trials, have pledged to pass vital legislation like the Whistleblowers Protection Bill and the Proceeds of Crime Bill to help the anticorruption war. The Federal Government, on its own part, brought on the novel Whistleblowers policy, a juicy carrot for citizens with

sharp eyes, wide, itchy ears and access to inside information on stashed loot, a strategy which is currently working to swell the commonwealth coffers. Lastly, the international agencies and development partners are sponsoring initiatives which also emphasise prevention of corruption among others; although the same agencies have ironically not been able to stop illicit flows of looted funds into their home economies. The bottom line here is that there are several ongoing strategies to fight persistent official corruption in Nigeria. To this reporter, the more the merrier, as long as the war is being won....simple truth -Abimbola Akosile

T H I S D AY • THURSDAY, MAY 18, 2017

BUSINESSWORLD

DEvELOpMENT/ISSUESINBOx

No escape for looters!!

Will PMB’s Absence Stall the Anti-corruption War? Although acting President, Prof. Yemi Osinbajo, SAN, has demonstrated a remarkable capacity to govern the affairs of a complex country like Nigeria in the absence of ailing President Muhammadu Buhari (PMB), some analysts believe the acting president may not be able to wield the final stick against corruption in high public places (like the suspension of the SGF over allegations of corruption). To you, will PMB’s absence stall the ongoing war against official corruption in Nigeria or not? Abimbola Akosile

THE FEEDBACK

* No, it won’t; Prof. Osinbajo is doing great. He is dynamic, honest, patriotic, uniting, complementary, enigmatic e.t.c. His intervening in Niger Delta’s complex tensions, Boko Haram and Chibok Girls delightful release, the economy, justice e.t.c. all stand him out. As a SAN he will cage corruption without fear or favour. PMB and Nigerians should rely on Osinbajo now. - Mr. Apeji Onesi, Lagos

Yes, it will stall:

No, it will not:

Others:

Total no of respondents:

Male:

Female:

* No, once the agencies in charge are competent and up and doing without any compromise from any quarter. Result will emerge; no standstill anymore. - Mr. Yusuph M.B.O, Nda Aliu, Kwara State

Highest location:

Lagos (6)

* We need institutions to fight the war, not one individual. The depth of our corruption covers all strata of our society. The war on corruption should not be stalled because the President is absent or because the VP is Acting President, the war shouldn’t be about any individual...it should be an institutional thing... regardless of who is in power, we have a system in place that deters and punishes corruption. - Mr. Biodun Aiyegbusi, Engineer, Lagos State * The only anti-corruption war that is being fought in Nigeria is fought in the news and social media, noise. If there is an ongoing anticorruption war by the PMB administration why has nobody been prosecuted and jailed in two years of the administration? So the issue of the Acting President continuing a non-existent anti-graft war does not arise. - Mr. Utibe Uko, Uyo, Akwa Ibom State * Not in any way. - Miss Janet Adeyemi, Calabar, Cross River State * Obviously, I believe it’s about demonstrating powers based on specified rules and laws that guide the anti-graft agencies; and the willpower to effect the action. Therefore, I believe the absence of President can’t stall the war against graft since he had transferred power to his vice to function on his behalf. - Mr. Acha Moses, Lagos State

* He acted earlier; Niger Delta, Fulani herdsmen, stopped blowing of pipelines and killing of innocent law-abiding citizens. He should summon the political will to stamp out corruption. Special tribunals should be set up to try established cases by the EFCC of former top government officials, governors, ministers, e.t.c. who looted the treasury. Our laws are outmoded and need review. I hope the security agencies and the judiciary will give him the needed cooperation to stamp out corruption. - Mr. Dogo Stephen, Kaduna * The absence of the President should not stop the fight against corruption and the Acting President can do much more if given a free hand. - Ms Nkeiruka Abanna, Lagos State * His absence will never stall the anti-corruption war. Those who fight the war are there, and as far as the acting President is concerned, greater success would be recorded. All that is left is to give him our total support to succeed. Our heads of security agencies should work in unity as success in the fight depends on them. PMB’s absence will never stall the anti-corruption war. - Hon. Babale Maiungwa, U/Romi, Kaduna * The acting President must follow the policies of PMB in fighting corruption in governance that put Nigeria into standstill. After all, he can put smiles on the faces of Nigerians with his pedigree as a professor. We must support him to take Nigeria out of recession. After all, he did well when his principal was not around.

With Prof. Osinbajo as acting President, things will be okay. - Mr. Gordon Chika Nnorom, Public Commentator, Umukabia, Abia State * I don’t believe PMB’s absence from the country will stall the anti-corruption war, if it’s truly a cardinal policy of the governing APC. PMB exhibited implicit trust in Osinbajo by naming him to head the panel investigating the SGF, for instance. The acting President simply needs to go on with the programme of his party. - Mr. E. Iheanyi Chukwudi, B.A.R., Apo, Abuja * No, PMB’s absence is an opportunity for the able SAN to prove his dedication, commitment and loyalty to his God, Christians, colleagues, the downtrodden, relations, international communities, PMB, Nigerians e.t.c. to spur him to do his best especially in the area of corruption fight.. Osinbajo will prosecute anybody subverting the law, using the Constitution no matter whose ox is gored. God is hearing Nigerians’ fervent prayers to heal our president speedily. - Miss Apeji Patience Eneyeme, Badagry, Lagos State * No, PMB’s absence will not stall the anticorruption war. The Vice-President now the Acting President, is on the same page with his boss over the enemy called corruption. Before he was elected as the VP, he had hatred for corruption and as a lecturer he never allowed his law students to cut corners to pass. As a pastor, knowing God’s dislike for corruption, Osinbajo will rather step up the fight. The acting President will do good in the fight against corruption. - Apostle Sampson Chuks, International Coordinator, All Power for All Nations Gospel Outreach Ministries Inc, Ghana/Nigeria * Given his impressive precedents as former Attorney-General and Commissioner for Justice in Lagos State, it is expected that acting President, Prof. Yemi Osinbajo, SAN, will take the corruption fight to those corrupt elements in public office, even more than PMB may want to do. So, in a strict sense of the word, PMB’s absence will not stall the anti-corruption war in Nigeria. - Mr. Olumuyiwa Olorunsomo, Lagos State

* On the contrary, the fight against corruption will take a turn for the better under Osinbajo if his first stint as acting President is anything to go by. Under Buhari, we have had zero jail term for high-profile corruption cases. On the other hand, during the brief period Osinbajo was acting President, a former Governor was sentenced to five years. I think people with corruption cases will not be comfortable at all with Osinbajo at the helm of affairs. Plea bargaining is still the most effective tool in recovery of loot because cases are wrapped up as soon as a deal is reached so the money can be immediately utilised. - Mr. Buga Dunj, Jos, Plateau State

Next Week: Is the N7.4tr 2017 Budget Truly People-friendly? The National Assembly has passed the proposed N7.441 trillion budget for 2017, which is higher than the N6 trillion budget for 2016. In 2016, despite the highest budget ever passed in history of Nigeria, most citizens did not derive any particular benefits of improved power supply, access to water, housing, education, health and transportation. Now, the 2017 budget has been described as a people-friendly budget which is capable of helping Nigeria out of recession. In your own view, is this latest budget truly people-friendly, and will it ensure the overall development sought by the general populace? please make your response direct, short and simple, and state your full name, title, organisation, and location. Responses should be sent between today (May 18 & Monday, May 22) to abimbolayi@yahoo.com, greatbimbo@ gmail.com, AND abimbola.akosile@ thisdaylive.com. Respondents can also send a short text message to 08023117639 and/ or 08188361766 and/or 08114495306. Collated responses will be published on Thursday, May 25

T H I S D AY • THURSDAY, MAY 18, 2017

BUSINESSWORLD

DEVELOPMENT

No room for wastage: Trans-loading flour products from a damaged truck in Ojuelegba, Lagos...recently

ABIMBOLA AKOSILE

African Govts Tasked on Increased Competitiveness to Meet Demographic Challenges Abimbola Akosile A newly-released report has revealed that without urgent action to address stagnating levels of competitiveness, Africa’s economies will not create enough jobs for the young people entering the job market. The Africa Competitiveness Report 2017, a biennial publication jointly produced by the World Economic Forum, the African Development Bank, and the World Bank Group, also noted that if current policies remain unchanged, fewer than one-quarter of the 450 million new jobs needed in Africa in the next 20 years will be created. Priorities to meet the changing demographics include policy reforms to improve the quality of institutions, infrastructure, skills and adoption of new technology, while house construction and better urban planning present opportunities for short-term competitiveness gains, it

added. The report finds that the ability of Africa’s economies to generate enough jobs for its young and growing population rests on the successful implementation of urgent reforms to boost productivity. Competitiveness is defined as the set of institutions, policies and factors that determine the level of productivity - and hence future prosperity - of a country. The report, which covers North Africa and sub-Saharan Africa, comes at a time when growth in most of the region’s economies has been slowing after a decade of sustained growth. Further stagnation is likely in the absence of improvements in the core conditions for competitiveness. Compounding the challenge to Africa’s leaders is a rapidly expanding population, which is expected to add 450 million more to the labour force over the next two decades. Under current policies, only 100 million new jobs would be

created during this period, according to the report. Africa’s young, dynamic population does, however, possess the potential to lead an economic revival in the region backed by targeted short- and long-term reforms in key areas, the report finds. Priority action areas for improved competitiveness are: Short term areas include prioritising sector-specific reforms in labor-intensive sectors such as agribusiness, construction, and micro-enterprises can stimulate near-term job creation. Targeted support can address acute economic issues for vulnerable regions and populations in fragile countries. Open trade policies can help foster regional economic integration. Others are that Developing value chain links to extractive sectors will encourage economic diversification in resource-rich countries, while increased housing construction through investment, better urban planning, and

less red tape will create jobs and address severe shortages of housing stock. Long term areas include: Strengthening institutions is a pre-condition to enable faster and more effective policy implementation. Failure of implementation in the past has often been attributed to weak institutions; improved infrastructure is needed to enable greater levels of trade and foster businesses growth; greater adoption of technology will be critical to boosting lagging productivity; and that developing the right skills will help Africa remain competitive in a rapidly changing global economic landscape. “Removing the hurdles that prevent Africa from fulfilling its competitiveness potential is the first step required to achieve more sustained economic progress and shared prosperity,” said the World Economic Forum’s Richard Samans, Managing Director Centre for the Global Agenda. “To meet the aspirations of

their growing youth populations, African governments are well advised to enact polices that improve levels of productivity and the business environment for trade and investment,” said the World Bank Group’s Director of the Trade & Competitiveness Global Practice, Klaus Tilmes, which contributed to the report. “The World Bank Group is helping governments and the private sector across Africa to take the steps necessary to build strong economies and accelerate job creation in order to benefit from the potential demographic dividend.” “African cities have to update their urban plans, taking into account demographic and economic developments in the last decades. This is crucial to address the shortage of urban infrastructure and availability of land for residential housing. This is important as a massive investment is needed for the continent to lower the housing backlog, thereby improving

the lives of urban residents, and to create employment for the youth,” said African Development Bank’s Abebe Shimeles, Acting Director of Macroeconomic Policy, Forecasting and Research Department. “In its new business delivery model, the Bank has created a unit to specifically focus on cities and urban infrastructure,” Shimeles added. The Africa Competitiveness Report combines data from the Forum’s Global Competitiveness Index (GCI) with studies on employment policies and city competitiveness. Also included in the report are detailed competitiveness profiles of 35 African economies. The profiles provide a comprehensive summary of the drivers of competitiveness in each of the countries covered by the report, and are used by policy-makers, business strategists and other key stakeholders, as well as those with an interest in the region.

Oba market, I will clean up the space and put a Primary health care clinic to cater for the health needs of the traders’ children and a crèche to take care of traders children”, he said. He frowned on the phenomenon of street trading, which obstructed traffic, saying it was unacceptable and his administration would take drastic actions to curb the

trend, while the market would be upgraded to encourage traders move into it. “We need to improve the facilities within the market and get Oredo local government to do its job by ensuring that they clean up the market, install electricity and convenience facilities in the market so that people can trade in the market not in the street or walkways,” he said.

Obaseki Pledges N5m to LG with Highest Immunisation Adibe Emenyonu in Benin City Governor Godwin Obaseki of Edo State, has announced that a prize of N5million would be given to any Local Government Council that would achieve the highest immunisation coverage in the state this year, adding that his administration would restructure the popular Oba Market located in the heart

of Benin City. The governor made the pronouncement when he flagged off the second round of the National Immunisation Plus Days (NIPDs) at Urhokpota Ground in Benin recently. He said the state would be introducing an immunisation championship for LGAs to improve immunisation reach and uptake in the state, while urging parents and caregivers,

especially mothers, to ensure that they immunise their wards up to 59 months. “We will continue to strengthen immunisation as it provides a holistic approach to controlling of vaccine-preventable disease and reducing infant and child mortality. We will make immunisation service an integral part of our health care delivery”, Obaseki assured listeners. The governor, who was

accompanied by his Deputy, Hon. Philip Shaibu and other top government functionaries, also visited Oba market where he revealed that a crèche and primary health care centres would be constructed across markets in the state to attend to the health needs of traders, as well as bringing healthcare closer to the people of Edo State. “I have seen and inspected a space designed for clinic in

T H I S D AY THURSDAY, MAY 18, 2017

HEALTH & LIFESTYLE

Acting Features Editor Charles Ajunwa Email: charles.ajunwa@thisdaylive.com

Guarding against Another Ebola Outbreak in Nigeria With the recent outbreak of Ebola virus in the Democratic Republic of Congo, Martins Ifijeh writes on the need for the Nigerian Government to activate preventive and surveillance systems at the nation’s borders as part of efforts to guard against the deadly disease

hirty-nine months after the world experienced the most deadly and devastating Ebola Virus Disease (EVD) outbreak in the history of mankind, it seems to be walking the familiar road again with the re-emergence of the lethal fever in the Democratic Republic of Congo, killing three people already while over 200 persons are currently under surveillance haven been in contact with infected persons. The World Health Organisation (WHO), confirming the outbreak, says the deaths and incidence rate were so far from the Likati health zone, Bas Uele Province in the Northern part of the country. Noting that it would provide leadership expertise to attain coordinated and effective response to the outbreak, as this would prevent it from spreading the way the 2014 outbreak unfortunately spread. The last outbreak in 2014 recorded 11,315 deaths and a total 28,675 reported cases. 4,809 deaths were said to have occurred in Liberia, 3,955 in Sierra Leone, 2,536 in Guinea, eight in Nigeria, six in Mali and one in the United States. WHO at the time admitted the death figures were underestimated, given the difficulty collecting the data. While stakeholders believed the devastating impact of the last outbreak was high because WHO responded too slowly and failed to grasp the gravity of the outbreak, which made it unable to declare the disease a global health emergency on time. Other persons believed the refusal of most countries to raise alert levels in their health institutions and borders was one major reason for the high impact. For instance, the index case of the outbreak in Nigeria in 2015, a Liberian diplomat, Patrick Sawyer entered Nigeria unhindered and unchecked despite carrying the virus; a single act that caused the deaths of eight persons, including Dr. Ameyo Adadevoh of First Consultant Hospital, who restrained him from leaving the hospital. It is in this vein that medical experts in Nigeria are calling on the federal government to learn from its past mistake, thereby increasing prevention and surveillance system across all borders in the country. According to the Nigerian Medical Association (NMA), the federal government should step up surveillance and strengthen response team across the borders and other national routes of entry into the country. In a statement jointly signed by its President, Prof. Mike Ogirima and Secretary General, Dr. Yusuf Sununu, the NMA called for vigilance by both government and the citizens. According to them, NMA is ready to partner with the federal Ministry of Health to achieve another resounding success on the prevention and control of the fresh outbreak. “We also wish to call on all health teams to refresh their knowledge on clinical presentation of Ebola, apply universal basic precautions in patients’ care and use the standard protocols of management and reporting of suspected cases.” It further urged Nigerians not to panic but cooperate with government in securing the nation, especially during surveillance at entry points if the need arises. “We assure all Nigerians of the readiness of our members to do more to safe guards the health of the nation.” While noting that the recent declaration of outbreak in DR Congo was another major setback to the world, the association said devastation brought about by the last outbreak still remains fresh in the minds of Nigerians. “West Africa was worst affected with more than 11,000 deaths recorded in the Ebola

FG should activate prevention and surveillance systems against Ebola

outbreak in 2014-2015, mainly in Guinea, Sierra Leone and Liberia. Efforts by our government had been acclaimed as one of the best moment the country demonstrated. It shows that where there is political will, success is assured. The role of our fallen heroes, especially late Dr. Adadevoh in the control of the spread of the disease is not only worth remembering but reminds us on the need to make sacrifices for our country.’’ Meanwhile, the federal government has asked health official in the country to test every fever patient – showing symptoms of bleeding – for EVD. It also asked all port health officials to step up inspection of all persons coming into the country. The Minister of Health, Prof. Isaac Adewole, who said this in a statement by the Director, Media and Public Relations, Mrs. Boade Akinola, directed all Nigerian health workers to maintain a high index of suspicion by screening all haemorrhagic fever patients for Ebola. Similarly, the minister encouraged members of the public to observe high level of personal hygiene which includes regular hand washing, adding that they should report all cases of fever to the nearest health facility. “I have directed health workers to increase efforts at ports of entry, and to report any sick person or suspects to ensure that Epidemiologists in the states conduct relevant tests. “The symptoms to look out for include: fever, fatigue, weakness, dizziness and muscle aches. Patients with more severe cases show bleeding under the skin, internal organs or even from bodily orifices like mouth, nose and ears.” The minister also urged Nigerians not to panic as the Nigerian Centre for Disease Control (NCDC) was on ground and equipped to secure the health of the citizens. He said the NCDC had for a while been

strengthening states’ capacities to detect, manage and respond to hemorrhagic fevers including Lassa fever, adding that states should begin social mobilisation and media awareness efforts via television, radio, print and social media. In the same vein, the management of the Federal Airports Authority of Nigeria (FAAN) has assured Nigerians of adequate surveillance at the nation’s airports following the outbreak of the virus in the Democratic Republic of Congo. The Acting General Manager, Corporate Affairs (FAAN), Henrietta Yakubu, said there was no direct flight from DR Congo to Nigeria., adding that previous preventive measures were still in place at the airport. She said the management has informed port health officials of the need to increase surveillance. “We don’t have direct flights from DR Congo, we only have from Rwanda but I want to assure members of the public that we still have all preventive measures in place at our airports,” she said. “There are sanitisers at our arrivals with the scanning apparatus called thermal scanners being installed by the port health services. The scanners have camera monitors that display pictures aside the capturing of temperature. “Passengers still fill that form to ensure that passengers arriving the country through our airports are not potential carriers of deadly diseases. The port health officials are always on alert and we will also inform them of the need to increase their surveillance. So, there is nocause for alarm,” she said. As part of efforts to quell the present outbreak in DR Congo, the Regional Director of WHO for Africa, Dr. Matshidiso Moeti, said in a statement on Sunday in Abuja that the organisation would work with the United Nations and other partners to halt the spread.

Moeti said WHO had assured the DRC Government of its preparedness to respond to the outbreak after the government’s alarm on it. She stated that the organisation had mobilised technical experts for deployment to Congo, adding that it would also provide leadership expertise to attain coordinated and effective response. “On May 10, a multi-disciplinary team led by the Ministry of Health and supported by WHO under the new WHO Emergency Programme, andpartners, was deployed to Likati health zone to conduct in-depth field investigation. “The health zone is situated in the remote, isolated and hard-to-reach Northern part of the country with limited transport and communication networks. These factors have impeded transmission of information about the suspected outbreak. Currently, it takes about two to three days to reach the epicentre from Kinshasa. “The Global Outbreak Alert and Response Network (GOARN) has been activated to provide additional support if required. Reinforcement of epidemiological surveillance, contact tracing, case management, and community engagement are under way,” Moeti said. She added that the full extent of the current outbreak of Ebola in DRC was yet unclear, stating that extensive investigation and risk assessmentwere still being conducted. According to Moeti, WHO does not recommend any restriction on travel and trade to DRC based on available information, adding that the public in DRC should work with health authorities and takenecessary preventive measures to protect their health. While Nigerian Government and the WHO are taking preventive measures to stop the outbreak from reaching our shores, personal hygiene should be imbibed by all Nigerians.

T H I S D AY THURSDAY, MAY 18, 2017

NEWS

FG: Poor Nigerians Offered 4,349 Surgeries, 17,793 Screenings for Free Over 200,000 nutrition interventions delivered Senator Iroegbu and Kuni Tyessi in Abuja The Minister of Health, Prof. Isaac Adewole, has said that the Federal Government has conducted a total number of 4,349 surgeries and 17, 793 health screenings to the poor Nigerians across the country. Adewole in a statement yesterday by the Ministry’s Head of Media and Public Relations, Mrs. Boade Akinola, said he set a target to deliver 10,150 free surgeries and screenings to help alleviate the sufferings of the poorest Nigerians who

cannot afford to pay. He said that in addition to this, the ministry also carried out over 200,000 nutritional interventions to Nigerians suffering from malnutrition in the north east. According to him, the intervention has since scaled to become a full fledged project, the Health Sector Nutrition and Emergency Response delivering a set of comprehensive health interventions and emergency services in the troubled region. He said: “Government must pay for those who cannot afford healthcare.

“The programme is a promise kept by President Muhammadu Buhari’s administration, which has a pro-poor universal health coverage agenda.” Adewole said that the programme tagged “Better Health for All” is still on going and will be scaled up in the year, 2017. He recalled that in July, 2016 the ministry launched the Rapid Result Initiative (RRI) Programme to carry out surgeries and screening

to indigent Nigerians across the Country. “The programme was borne out of plan to respond to the critical needs of the people and deliver on the mandate of promoting health with focus on Access, Affordability and Demand” he said. Adewole said that the Programme encapsulates a set of initiatives develop as a strategy to actualize the vision of the present administration

to produce quick and visible impacts that will affect the lives of every Nigerian especially the most vulnerable and the poor in our society. The minister listed thr six components of the programme to include: Surgical interventions, Screening of Nigerians for major Diseases, Revitalization of PHCs, Mutual Health Assurance, Treatment of 200,000 Severely Acutely Malnourished children and operationalizing

the Nigeria Centre for Disease Control. He said that the programme sought to deliver 10,150 surgeries to the indigent Nigerians among which are Herniorrhaphy 4,240, Cataract Extraction 2,300 Cleft Lip & Palate Repair 450, Club Foot Repair100,Keloid Cryotherapy 80, VVF Repair 300, Myomectomy /Hysterectomy 840, hydrocoelectomy 840 and Correction of refractive errors + glasses 1000.

WHO Tasks Nigeria to Improve on Patient Safety Kuni Tyessi in Abuja The World Health Organisation (WHO) has called for improved efforts towards patient safety in Nigeria. WHO Country Representative to Nigeria, Dr. Wondimagegnehu Alemu made the call during a national healthcare management conference on patient safety held recently in Abuja. He said the present situation revealed that there was more work to be done to achieve patient safety in Nigeria and in Africa. “The burden of unsafe healthcare delivery is huge, not only to the patient but to the healthcare system and to the nation in the long run, as it results in loss of confidence in the healthcare system,” he said. He said common patient safety issues include misdiagnosis, medication errors including antimicrobial resistance, workforce safety,

healthcare-associated infections, and surgery-related complications. He said the leadership in healthcare must rise to the situation by providing a conducive environment for change in practices, regulation and coordination of patient safety interventions and efforts, adding that this could be done through provision of strategic direction and sustained political will for the institutionalisation of patient safety culture in our healthcare system. The WHO representative said priority actions to start with include: development of a policy for strategic direction and mainstreaming patient safety, building capacity of health workers and employing the use of safe and suitable infrastructure as well as ensuring maintenance culture and safety of the healthcare environment for patients and even the healthcare providers, among others.

Actionaid Nigeria Offers Free Cancer Tests to 100 Women Segun Awofadeji in Bauchi About 100 women have benefitted from free cancer screening offered by Actionaid Nigeria in partnership with the Abubakar Tafawa Balewa University Teaching Hospital Bauchi in Bogoro and Kirfi Local Government Areas of Bauchi State. A medical team led by Consultant Gynecologist, Abubakar Tafawa Balewa University (ATBU), Dr. Habiba Ismail, conducted breast and cervical cancer screening/test in five communities in Bogoro and five in Kirfi LGA of Bauchi State. Addressing journalists during the exercise, Ismail disclosed that selection of the beneficiaries was done in a most transparent manner as women who were most vulnerable were first offered the opportunity to be screened while several others went home disappointed as they could not afford cost of screening. She implored women, particularly those of child bearing age not to toy with their health but to endeavour to ascertain their health status through periodic medical check-up,

warning that both breast and cervical cancer posed serious threat to women’s lives. Ismail recalled that when similar exercise took place in Bauchi last December at the ATBU Teaching Hospital, majority of the 1,100 beneficiaries came from the state capital saying Actionaid/Fahimta’s partnership with the ATBU Teaching Hospital to extend the cancer screening to women in the rural areas was most commendable. In her remarks, the Executive Director, Fahimta Women and Youth Development Initiative Bauchi, Hajia Maryam Garba said her organisation, with support from Actionaid Nigeria believed that such humanitarian gesture should be extended to thousands of women in the rural areas especially Fahimta’s focal local government areas. The free cancer testing and screening were conducted in Lomen-Fulani, Tubule, Kwagal, Dankwa and Zindigawo all of Kirfi LGA. While in Bogoro LGA, Mbal, Gizaki, Dambar, Ungwar Rimi and Gobbiya benefited from the exercise which cost Actionaid Nigeria about N200,000.

L-R: Chief Executive Officer, Private Health Alliance of Nigeria (PHN), Muntaqa Umar-Sadiq; Executive Director, Fidson Healthcare Plc, and Chairman, 2017 Pharmaceutical Manufacturers Group-Manufacturers Association of Nigeria (PMG-MAN) forum, Abiola Adebayo; and Executive Secretary, PMG-MAN, Obi Peter Adigwe, at the press conference to announce the forthcoming PMG-MAN/ PHN forum in Lagos ...recently

Health Expert Advises PMG-MAN, Stakeholders NMA to Embrace Integrated to Brainstorm on Benefits of Health, Patient-centered Care Local Medicine Production Martins Ifijeh As a response to a call by the Nigerian Medical Association (NMA) on the federal government to shelve its planned harmonisation of salaries of health workers in the country, a Clinical Pharmacist and Independent Prescriber, Adaku Efuribe has called on the association to embrace the integrated healthcare idea and harmonisation for the benefits of patients. NMA through its President, Dr. Mike Ogirima last week had said every healthcare professional cannot be said to be equal, as doctors were more skilled, few in the country and faced with more hazards in the discharge of their duties compared to other professions in the hospital. He further noted that even though all animals are equal, some are more equal than others. But Efuribe said the statement came as a disturbing and rude shock, adding that one would have thought the overall health and well-being of the citizens of a nation like Nigeria would be priority in times like this. “We do not have enough doctors in Nigeria to serve our ever growing population; the need for integrated healthcare cannot be over emphasised. I believe it is high time the NMA begins to have an open mind as to how we can run the healthcare system in Nigeria in order to make it a patient-

centered care. Hierarchy for healthcare professionals should not be top of the scale of preference at the moment going by the realities of inadequacies in the area of Health care delivery in Nigeria.” She said talking about everyone trying to accept the title of doctor would sound a bit odd to some people. “Some doctors I have worked with don’t mind being called by their first name, I’m not referring to junior doctors, and I mean consultants and Professors. We should be more bothered about the fact that the citizens of our country are engaging in medical tourism more than before, going to countries like India to seek medical intervention. “The NMA says it is not against the proposed harmonisation of health workers salary in the country, but it should be ‘relative’. And I say let all healthcare professionals in Nigeria come together to deliberate on how to deliver excellent healthcare across the Nation. “In 2017, healthcare professionals across the globe are more concerned about working together to deliver patient-centered care. We all have different roles to play; the medical doctors cannot achieve this on their own. I will advise the NMA to consider the common man on the street when making decisions or advising the federal government,” she added.

Martins Ifijeh As part of efforts to strengthen local production of medicines in Nigeria, Pharmaceutical Manufacturers Group of Manufacturers Association of Nigeria (PMG-MAN), will hold a brainstorming session with stakeholders May 25th on the gains in local production of medicines for the country. Speaking during a press conference in Lagos to announce the forum, the Executive Secretary, PMG-MAN, Obi Adigwe, said the session would explore initiatives that will aid local manufacturing of medical commodities through policy changes, improved access to finance, increased procurement and patronage. He said the conference would also create opportunity for local manufacturers and other key stakeholders within the public and private sector to come together to learn more about the local pharmaceutical manufacturing industry, its current challenges with supply chain management and to discuss ways to create an enabling environment for local manufacturers. “This will help address PMG-MAN’s aims and objectives which include creating a forum for better understanding between the PMG-MAN and the government, thereby creating

a medium for interaction and understanding between PMG-MAN and organisations within the same field.” According to him, this year, PMG-MAN is supported by Private Sector Health Alliance of Nigeria (PHN), an association representing the country’s foremost private sector platform, established to complement the outcomes by leveraging private sector innovation, advocacy, impact investments and partnerships. For the Chief Executive Officer, Private Sector Health Alliance of Nigeria (PHN), Muntaqa Umar-sadiq, PHN and PMG-MAN will bring complimentary skills to the table to reduce the needless deaths of women and children caused by lack of access to life-saving medicines. Umar-sadiq said PHN was specialised in bringing private sector resources and techniques to support the health sector, adding that the organisation set up the Africa Resource Centre for supply chain in partnership with Bill and Melinda Gates Foundation. He stressed the need to bring down Nigeria’s pharm-spend of 15 to 20 per cent to five per cent as obtained in other countries. “Pharma spend in Nigeria is still 15 to 20 per cent of the total health expenditure compared with five percent in other countries.

T H I S D AY THURSDAY, MAY 18, 2017

HEALTH

Eliminating Malaria Over 100 million Nigerians are at risk of malaria, while about 300,000 deaths still occur in the country due to the disease. But Reckitt Benckiser, through its ‘One Act Against Malaria’ hopes to change the narrative. Martins Ifijeh writes While many countries have been able to reduce the burden of malaria to an insignificant level in recent times, there still exist about 500 million persons globally who are at risk of the lethal fever. And out of which, almost two million persons, especially children below the ages of five lose their lives yearly to the disease. Statistics by the United Nations Children’s Education Fund (UNICEF), say out of those dying yearly from malaria, children of under five years old constitute over a million. That is one child dying every 30 seconds, amounting to about 3,000 child deaths every day globally. But what is more worrisome is that a concentrated 90 per cent of those affected live in sub-Sahara Africa according to UNICEF, which means about 900 children below five years old die every year from malaria, a health issue the World Health Organisation (WHO) had said was preventable. Unfortunately, Nigeria shares a major chunk of this burden with an estimated 100 million persons said to be at risk of the disease while over 300,000 lives are lost yearly in the country, according to the Marketing Director, Reckitt Benckiser (RB) West Africa, Leferink Aliza. Society for Family Health (SFH) says malaria accounts for about six out of 10 out-patient visits and three of 10 admissions in healthcare facilities in Nigeria, adding that malaria accounts for 11 per cent of maternal mortality and three of 10 deaths in children less than five years in the country. No wonder the international health body, during a meeting with Health Editors in Lagos few months ago, said the burden of the disease in Nigeria was making the country lose at least three billion U.S. dollars yearly. An amount it said could pay the annual salaries of 2.2 million Nigerians or revamp the economy of the country. This is even as experts have stated that the disease is a major cause of absenteeism in schools, offices and markets, thereby significantly and negatively affecting the economic growth of the country. In the same vein, a recent publication in Malaria Journal suggests that it accounts for poor school performance, which on the long run has a toll on the economy despite direct financial loss to treatment, advocacy and prevention of the disease in low and middle income countries like Nigeria. According to experts, malaria is a mosquitoborne infectious disease, caused by parasitic protozoans (a type of single cell microorganism) of the Plasmodium type. Malaria causes symptoms that typically include fever, fatigue, vomiting and headaches. In severe cases it can cause yellow skin, seizures, coma or death. It is in tackling all of these, including the high deaths, high cases and financial burden on the country that Reckitt Benckiser (RB) Nigeria, makers of Mortein insecticides, collaborated with the federal government through the federal Ministry of Health, three States; Lagos, Abia and Ogun, as well as the National Malaria Elimination Programme, Abuja, to raise awareness against the deadly fever. Through its ‘One Act Against Malaria’ campaign, as a build up to the just concluded World Malaria Day, it alongside officials of the federal Ministry of Health, championed interventions in the three states and Abuja with the aim of getting every Nigerian to contribute their own quota to prevention and eradication of the lethal fever from the society. It reasoned that a little contribution by individuals, families and the society by insisting on the use of long lasting insecticide treated nets, cleaning of the environment, removal of stagnant water, and the use of insecticide spray like Mortein, will go a long way in eradicating the disease from the country. In Lagos, according to Aliza, 40 markets were visited with free malaria testing, consultation and education through the aid of Market Doctors Against Malaria, adding that this

L-R: General Manager, Reckitt Benckiser B, West Africa, Rahul Murgai; Representative, World Health Organization, Dr. Rex Mpazanje; Honourable Minister of Health, Prof. Isaac Adewole; and Chairman, 2017 World Malaria Planning Committee and Executive Secretary, PMGMAN, Dr. Obi Adigwe, at a Ministerial Press Briefing to commemorate the 2017 World Malaria Day in Abuja ...recently

was followed by sanitation exercises in select grassroot communities in the state and other states under focus. “We made sure we worked with the various states’ health ministries to provide the desired sensitisation, free sanitation and awareness walk, all in a bid to bring the message closer to the people. “Through the grassroot community engagements, we have been able to educate communities on the importance of hygiene, and how the simple habit of maintaining clean surroundings and drainages can significantly help reduce malaria.

A little contribution by individuals, families and the society by insisting on the use of long lasting insecticide treated nets, cleaning of the environment, removal of stagnant water, and the use of insecticide spray like Mortein, will go a long way in eradicating malaria from the country

“There are an estimated 100 million malaria cases with over 300,000 deaths per year in Nigeria, mostly among children under the age of five. Malaria is preventable and we have made it our fight to educate Nigerians on how to protect the most vulnerable – pregnant women and children and their families against the disease. This has also leveraged on the Clean Healthy Naija programme which RB is leading across various platforms especially for preventable diseases.” He said the results from the campaigns and interventions from the various states and Abuja showed that malaria can be eradicated or reduced to the minimum. He said if Nigeria can adhere strictly to the methods, which include use of long lasting insecticide treated nets, ridding stagnant water off their environments, and the use of insecticides like Mortein, malaria will be a thing of the past in the country. Speaking at the press briefing in Abuja to commemorate the 2017 WMD, the General Manager, RB West Africa, Mr. Rahul Murgai, said the community engagement and collaborations were part of numerous consumer engagement activities to stem the prevalence of malaria disease in Nigeria and Africa as a whole. He said the partnership with the states and federal government, which has been on-going for years, also demonstrates the company’s commitment to the anti-malaria fight in the country towards a clean and healthy Nigeria. He said, “At RB, our global vision is to have a world where people are healthier and live better. In achieving this, we will continue to make a difference by giving people innovative solutions for healthier lives and happier homes. We know that regular combined interventions of long lasting insecticide treated nets, Larviciding and insecticide use like Mortein is the solution to achieving a malaria-free Nigeria. Therefore to protect our children

and ourselves from getting sick, the first thing to do is to educate ourselves about prevention,” he said. Reiterating Mortein’s commitment to eradicating malaria, Marketing Manager Mortein, RB West Africa, Bamigbaiye-Elatuyi Omotola stated that Mortein has been at the forefront of the fight against malaria in Nigeria. “In the past few years, Mortein has partnered with the federal Ministry of Health through the National Malaria Elimination Program (NMEP), Lagos State Ministry of Health (LSMOH) and various state ministries of health to foster education on malaria prevention via TV infomercials, education at primary healthcare centres and the Mortein Own a Community Project which has been well executed across all LGA’s in Lagos State. “We intend to take this a step further by having doctors in markets to do free malaria test and consultation in cities of high prevalence across the country. Additionally, #OneActAgainstMalaria campaign has recently been deployed to bring the message closer by imploring everyone to do one preventive act towards the eradication of malaria within their immediate environment. Minister of Health, Prof. Isaac Adewole, in his address at the Abuja event, said this year’s campaign aims at drawing significant attention to the need to totally eradicate the malaria disease in the country. He commended Mortein for its work and continuous support in the fight against malaria through its collaboration with the government. He therefore pledged the federal government’s commitment to work with RB/Mortein to ensure total eradication of malaria in the country by imploring everyone to do acts against malaria in their community. The Commissioners for Health in Lagos, Ogun and Abia States also commended Mortein for teaming up with their respective state governments in the fight against malaria.

T H I S D AY THURSDAY MAY 18, 2017

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BUSINESS/MONEYGUIDE

RenCap: Trans Forcados Pipeline Repair May Push Nigeria’s Oil Obinna Chima Analysts at Renaissance Capital (RenCap) have projected that the repair of the Trans Forcados Pipeline (TFP) will likely increase Nigeria’s production to about two million barrels per day (mbd). They stated this in a report at the end of their recently held Annual Pan-Africa 1:1 Investor Conference in Lagos. Shell Petroleum Development Company (SPDC) recently disclosed that it had started testing the Trans-Forcados crude export pipeline for a potential restart after months of repair. Trans Forcados is owned by the Nigerian Petroleum Development Company (NPDC) and operated by SPDC. It is a major evacuation route for onshore oil production but a sitting duck for militants due to its design (onshore that is not buried under the ground). The pipeline has remained under force majeure since mid-February 2016 following an attack. An attempt to resume production after repairs in November last year was frustrated by another attack. The Trans Forcados pipeline system usually transports around 250,000 barrels per day

(bpd) oil on average. Several upstream oil & gas companies use the pipeline including Seplat, Shell Nigeria; Shoreline Resources; First Hydrocarbon Nigeria; the government-owned Nigerian Petroleum Development Company (NPDC), Pan Ocean, Midwestern oil and gas, Eland oil & gas, Neconde, Aiteo, Newcross, Walter Smith and Oando Energy Resources. But RenCap stated: “We remain cautiously optimistic on the upstream oil & gas space, especially given that the TFP should be operational soon – positive not only for Seplat but also for Nigerian oil production; the TFP will likely increase Nigeria’s production by about 200,000 bl/d to about two million barrels per day. “Management teams believe a re-opening is imminent but cannot confirm the TFP’s status until Shell makes an official announcement.” According to them, the oil and gas firms stated that, militant activity has eased as Vice-President Yemi Osinbanjo had been in talks with groups in the Niger Delta. “In addition, we are impressed that Lekoil has sold first oil from the Otakikpo

field, recording its first cash flow. Overall, we find sector more stable than it was last year, and the players seem to us to prefer working with a more transparent government. “We think the low-margin downstream sector still has a lot of restructuring and reform to undergo before we might find it attractive. Feedback from management is that no petrol marketers are currently importing fuel or diesel. Fuel has not been “deregulated” or “partially deregulated”, as we assumed last year, but the subsidy has moved up the chain from the marketers to the Nigerian National Petroleum Corporation (NNPC). “According to management teams, the landing cost of fuel at FX of N305/$ is about N150/ litre. However, the NNPC sells to petrol marketers at N133/litre, thereby providing a subsidy of about N17/litre. We view this subsidy as unsustainable. We do not see any respite in the short term unless there is proper deregulation, which would hurt consumers. However, in the long term we think Dangote’s 650k bl/d refinery will release the government from this import burden,” they added.

Firm Seeks Adoption of Technology to Boost Tax Revenue Taxaide, a firm focused on tax management has expressed support for the federal government’s policy to target non-oil revenue sources. It also urged the federal government and the Federal Inland Revenue Service (FIRS) to focus on home grown technologies that understand the peculiarities of the Nigerian tax system and essentially designed as services and not as one-sizefits-all product. According to the firm, the strategies highlighted by the federal government in its Economic and Recovery and Growth Plan (ERGP) are achievable if the right policy approach are adopted. Taxaide stated this in a report obtained yesterday. However, it pointed out that at the risk of spilling out the contents of the government’s strategy, a clear policy statement of the FGN on how it intends to source for or develop its purposed technology is relevant. The company noted that sufficient interaction with the Nigerian tax system will reveal that the challenges it faces are essentially processes on the following seven functions, which it listed to include registrations (with which new taxpayers can

be gotten); computations (with which the accuracy of taxes can be arrived at); Remittances (with which taxes can easily be collected); returns (with which information can easily be supplied to the relevant tax authority (“RTA”)) and receipting (with which the tax authority can appropriately communicate its collection and certification to the tax payer). Others are auditing (with which the RTA can verify information provided or other details from the tax payer); and Accounting (with which the RTA can appropriately account for the specifics of its collections to its relevant authorising government). Speaking of tax remittances and seeing the focus on customs duties, it is no gainsaid that technology is equally important. In our view, the importation process should begin from the Form M process, to vessel clearance and cargo clearance. “We believe that the ERGP’s policies, objectives and strategies for accelerated non-oil revenue generation are attainable with well thought-out actions for implementation, particularly with the FGN’s increased collaboration with private sector efforts in the Nigerian tax space,”

the company added. Meanwhile, FXTM Research Analyst, Lukman Otunuga has noted that the improving sentiment towards the Nigerian economy was boosted further on Tuesday following reports of the nation’s inflation declining for a third consecutive month in April at 17.24 per cent. According to him, the visible display of price stability had boosted investor confidence towards the nation with the Nigerian Stock Market marching into gains and becoming a champion among its emerging market peers. “With the Nigerian parliament recently approving the government’s seven trillion naira budget to revive the economy, the overall outlook is starting to look quite encouraging in the longer term with 2017 acting as the first major test. “A vulnerable dollar continues to offer some support to the Nigerian Naira with the local currency set to gain further ground if the dollar continues to weaken. Investors may direct their attention towards Nigeria’s pending GDP report issue this Thursday which could boost confidence towards the nation’s economic recovery if Q1 growth exceeds estimates,” he added.

Rwanda Regulator Fines MTN $8.5m over External IT Hub Rwanda’s telecom industry regulator has fined MTN Rwanda, a division of South Africa’s MTN Group 7 billion francs ($8.5 million) for running its IT services outside the country in breach of its licence. The regulator said in a ruling posted on its website that MTN Rwanda was hosting its IT services hub in Uganda, which it had prohibited. “They are punished for relocating their IT services outside Rwanda, and this was deliberate,” Reuters quoted

Rwanda Utilities Regulatory Authority Spokesman, Anthony Kulamba to have said. MTN Rwanda said it is the central African country’s leading mobile operator, with four million subscribers. It is 80 per cent owned MTN Group while the remaining 20 per cent is listed on the Rwanda Securities Exchange. MTN Group said it had also received a notification about the fine. “MTN has been engaging with the regulator on this matter over the past four months. MTN

Rwanda is currently studying the official notification and will continue to engage with the regulator on this matter,” it said in a statement. Last year, MTN, which operates in 20 countries, set aside $600 million to pay a fine imposed by the Nigerian government for not disconnecting unregistered SIM cards. It paid N30 billion ($95.24 million) of this in March. Other telecoms companies operating in Rwanda are Tigo, a unit of Millicom and Airtel Rwanda, a unit of India’s Bharti Airtel.

MARKET INDICATORS MONEY AND CREDIT STATISTICS

(MILLION NAIRA)

DECEMBER 2016 Broad Money (M2)

23,840,392.42

-- Narrow Money (M1)

11,520,166.67

---- Currency Outside Banks

1,820,415.90

---- Demand Deposits

9,699,750.76

-- Quasi Money

12,320,225.75

Net Foreign Assets (NFA)

9,353,504.03

Net Domestic Assets(NDA)

14,486,888.39

-- Net Domestic Credit (NDC)

26,774,684.47

---- Credit to Government (Net)

4,595,579.89

---- Memo: Credit to Govt. (Net) less FMA

7,436,917.79

---- Memo: Fed. and Mirror Accounts (FMA)

-2,841,337.90

---- Credit to Private Sector (CPS)

22,374,718.08

--Other Assets Net

-12,483,409.58

Reserve Money (Base Money)

5,837,322.41

--Currency in Circulation

2,179,174.28

--Banks Reserves

3,318,344.71 • Source - CBN

MONEY MARKET INDICATORS (%) December 2016 Inter-Bank Call Rate

10.39

Monetary Policy Rate (MPR

14.00

Treasury Bill Rate

13.96

Savings Deposit Rate

4.18

1 Month Deposit Rate

8.53

3 Months Deposit Rate

8.80

6 Months Deposit Rate

10.23

12 Months Deposit Rate

10.76

Prime Lending rate

17.09

Maximum Lending Rate

28.55

• Monetary Policy Rate - 14%

OPEC DAILY BASKET PRICE AS AT TUESDAY 16, MAY 2017

The price of OPEC basket of thirteen crudes stood at $49.71 a barrel on Tuesday, compared with $49.72 the previous day, according to OPEC Secretariat calculations. The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Oriente (Ecuador), Rabi Light (Gabon), Iran Heavy (Islamic Republic of Iran), Basra Light (Iraq), Kuwait Export (Kuwait), Es Sider (Libya), Bonny Light (Nigeria), Qatar Marine (Qatar), Arab Light (Saudi Arabia), Murban (UAE) and Merey (Venezuela).

T H I S D AY •THURSDAY, MAY 18, 2017

MARKET NEWS

All-Share Index Appreciates 1.05% as Bulls Retain Hold on Market Goddy Egene and Nosa Alekhuogie

benchmark index (NSE All-Share Index) by 035 per cent. The bull run was maintained yesterday as the index rose 1.05 per cent to close higher at 27,900.44, while market capitalisation added N100.5 billion to close at N9.645 trillion. A total of 25 stocks appreciated compared with 13 that declined in value. Bellwethers such as Nestle Nigeria, GTBank Plc, Nigerian Breweries were among the price

gainers. However, Oando Plc led the table, chalking up 9.9 per cent. The company’s stock had appreciated by 20 per cent last week as its Chief Executive Officer, Wale Tinubu unveiled to capital market stakeholders, some strategies expected to boost the company’s future performance and deliver returns to investors. Tinubu had said that in the midstream business (power and gas) of the company, the current

initiative is to grow aggregate gas pipeline utilisation portfolio to an average of 70mmscfd, commence operation of gas trading platform, design and commence implementation of appropriate financing plan for Oando Gas & Power (OGP). He added in 2018, the company would grow aggregate gas pipeline utilisation portfolio to an average of 100mmscf/day. “We will complete the

development and commence operation of at least 20mmscfd Mini LNG Business. Complete development and commence operation of 50MW embedded/grid power generation, commence operation of Floating Storage & Regasification Units (FSRU) facility,” he said. Meanwhile, May & Baker Nigeria Plc closed as the second highest price gainer with 9.8 per cent, while Linkage Assurance

Plc and Redstar Express Plc added 7.4 per cent and 4.9 per cent respectively. Conversely, C & Leasing Plc led the price losers, shedding 8.2 per cent close at N0.67, trailed by Law Union and Rock Insurance Plc and Livestock Feeds Plc with 4.7 per cent apiece. Union Bank of Nigeria Plc and African Prudential Registrars Plc declined by 2.9 per cent and 2.1 per cent in that order.

DAILY STOCK MARKET REPORT

Trading on the Nigerian bourse closed positive yesterday as the bulls retained their hold on the market. After surging to a record high last week, the market had resumed this week with a decline on Monday on profit taking. However, the bulls returned on Tuesday, pushing up the

T H E

N I G E R I A N

STO C K

E XC H A N G E

T H I S D AY THURSDAY MAY 18, 2017

T H I S D AY • THURSDAY, MAY 18, 2017

MARKET NEWS

Medview Airline Shareholders Approve Capital Injection to Boost Operations Shareholders of Medview Airline Plc yesterday authorised the board of directors to raise fresh capital to boost the airline’s operations. Medview Airline was listed on the Nigerian Stock Exchange (NSE) in January this year with a promise improve its service delivery and give quality returns to shareholders. The Managing Director/ Chief Executive Officer of the company, Alhaji Muneer Bankole had said one of the ways to deliver on that

promise was to acquire more aircrafts and expand to new routes. The board of the company had therefore, proposed to the shareholders to raise fresh funds. The shareholders gave approval to the proposal at the annual general meeting (AGM) of the company in Lagos yesterday. Specifically, the shareholders authorised the board to “raise additional capital via issue of debt instruments, preference shares or ordinary or a

A Mutual fund (Unit Trust) is an investment vehicle managed by a SEC (Securities and Exchange Commission) registered Fund Manager. Investors with similar objectives buy units of the Fund so that the Fund Manager can buy securities that willl generate their desired return. An ETF (Exchange Traded Fund) is a type of fund which owns the assets (shares of stock, bonds, oil futures, gold bars, foreign currency, etc.) and divides ownership of those assets into shares. Investors can buy these ‘shares’ on the

combination of any of these options by way of private placement, rights to existing shareholders, offer for subscription or any staff share scheme at a quantum and price upon such other terms and conditions to be determined at the discretion of the directors and subject to any requisite regulatory approvals.” Apart from giving approval to raise fresh capital, the shareholders commended the company for recommending a dividend few months after it was

floor of the Nigerian Stock Exchange. A REIT (Real Estate Investment Trust) is an investment vehicle that allows both small and large investors to part-own real estate ventures (eg. Offices, Houses, Hospitals) in proportion to their investments. The assets are divided into shares that are traded on the Nigerian Stock Exchange. GUIDE TO DATA: Date: All fund prices are quoted in Naira as at 16-May-2017, unless otherwise stated.

listed on the exchange. According to them, it was a positive indication that the investment in the company is good. In his report to the shareholders, Chairman of Medivew Airline, Sheik Abdul-Mosheen Rahaman Al-Thunayan, said that since the commencement of business in 2007, the company has been an indigenous aviation company with global acceptance. “The growth of the company in the aviation industry had continued

with accelerated efforts and has stood out significantly among her contemporaries. The company has continued to soar higher from the maiden flight in 2007 with Hajj operation,” he said. The chairman therefore called for the support of shareholders, noting that the board and management will continue to work together to move the company forward. Addressing the shareholders, Bankole said the airline industry is capital intensive,

hence access to funds is a major key factor to the survival of any airline. Reviewing the financial performance of the company for the year ended December 31, 2016, the MD disclosed that Medview Airline increased its revenue from N14.162 billion in 2015 to N25.962 billion in 2016, while profit after tax rose from N728.521 million in 2015 to N772.851 million in 2016. The directors recommended a dividend of three kobo per share.

Offer price: The price at which units of a trust or ETF are bought by investors. Bid Price: The price at which Investors redeem (sell) units of a trust or ETF. Yield/Total Return: Denotes the total return an investor would have earned on his investment. Money Market Funds report Yield while others report Year- to-date Total Return. NAV: Is value per share of the real estate assets held by a REIT on a specific date.

DAILY PRICE LIST FOR MUTUAL FUNDS, REITS and ETFS MUTUAL FUNDS / UNIT TRUSTS AFRINVEST ASSET MANAGEMENT LTD aaml@afrinvest.com Web: www.afrinvest.com; Tel: +234 1 270 1680 Fund Name Bid Price Offer Price Yield / T-Rtn Afrinvest Equity Fund 142.26 143.14 12.14% Nigeria International Debt Fund 218.42 219.64 3.01% ALTERNATIVE CAPITAL PARTNERS LTD info@acapng.com Web: www.acapng.com, Tel: +234 1 291 2406, +234 1 291 2868 Fund Name Bid Price Offer Price Yield / T-Rtn ACAP Canary Growth Fund 0.73 0.74 4.89% AIICO CAPITAL LTD ammf@aiicocapital.com Web: www.aiicocapital.com, Tel: +234-1-2792974 Fund Name Bid Price Offer Price Yield / T-Rtn AIICO Money Market Fund 100.00 100.00 18.12% ARM INVESTMENT MANAGERS LTD enquiries@arminvestmentcenter.com Web: www.arm.com.ng; Tel: 0700 CALLARM (0700 225 5276) Fund Name Bid Price Offer Price Yield / T-Rtn ARM Aggressive Growth Fund 12.82 13.21 3.83% ARM Discovery Fund 299.51 308.54 4.29% ARM Ethical Fund 0.00 0.00 -100.00% ARM Money Market Fund 1.00 1.00 15.62% AXA MANSARD INVESTMENTS LIMITED investmentcare@axamansard.com Web: www.axamansard.com; Tel: +2341-4488482 Fund Name Bid Price Offer Price Yield / T-Rtn AXA Mansard Equity Income Fund 117.25 118.07 11.47% AXA Mansard Money Market Fund 1.00 1.00 18.13% CHAPELHILL DENHAM MANAGEMENT LTD investmentmanagement@chapelhilldenham.com Web: www.chapelhilldenham.com, Tel: +234 461 0691 Fund Name Bid Price Offer Price Yield / T-Rtn Chapelhill Denham Money Market Fund 100.00 100.00 0.00% Paramount Equity Fund 10.46 10.73 11.78% Women's Investment Fund 90.29 92.61 6.73% CORDROS ASSET MANAGEMENT LIMITED assetmgtteam@cordros.com Web: www.cordros.com, Tel: 019036947 Fund Name Bid Price Offer Price Yield / T-Rtn Cordros Money Market Fund 100.00 100.00 18.44% FBN CAPITAL ASSET MANAGEMENT LTD invest@fbnquest.com Web: www.fbnquest.com; Tel: +234-81 0082 0082 Fund Name Bid Price Offer Price Yield / T-Rtn FBN Fixed Income Fund 1,070.85 1,071.97 5.98% FBN Heritage Fund 120.29 121.13 7.82% FBN Money Market Fund 100.00 100.00 17.60% FBN Nigeria Eurobond (USD) Fund - Institutional $108.84 $109.20 5.56% FBN Nigeria Eurobond (USD) Fund - Retail $108.15 $108.52 5.62% FBN Nigeria Smart Beta Equity Fund 123.93 125.51 9.97% FIRST CITY ASSET MANAGEMENT LTD fcamhelpdesk@fcmb.com Web: www.fcamltd.com; Tel: +234 1 462 2596 Fund Name Bid Price Offer Price Yield / T-Rtn Legacy Equity Fund 1.06 1.08 13.83% Legacy Short Maturity (NGN) Fund 2.72 2.72 5.80% FSDH ASSET MANAGEMENT LTD coralfunds@fsdhgroup.com Web: www.fsdhaml.com; Tel: 01-270 4884-5; 01-280 9740-1 Fund Name Bid Price Offer Price Yield / T-Rtn Coral Growth Fund 2,356.28 2,386.06 6.71% Coral Income Fund 2,244.71 2,244.71 6.67% GREENWICH ASSET MANAGEMENT LIMITED assetmanagement@gtlgroup.com Web: www.gtlgroup.com ; Tel: +234 1 4619261-2 Fund Name Bid Price Offer Price Yield / T-Rtn Greenwich Plus Money Market Fund 100.00 100.00 17.23% INVESTMENT ONE FUNDS MANAGEMENT LTD enquiries@investment-one.com Web: www.investment-one.com; Tel: +234 812 992 1045,+234 1 448 8888 Fund Name Bid Price Offer Price Yield / T-Rtn Abacus Money Market Fund 1.00 1.00 18.32% Vantage Balanced Fund 1.84 1.86 9.32% Vantage Guaranteed Income Fund 1.00 1.00 17.67%

LOTUS CAPITAL LTD fincon@lotuscapitallimited.com Web: www.lotuscapitallimited.com; Tel: +234 1-291 4626 / +234 1-291 4624 Fund Name Bid Price Offer Price Yield / T-Rtn Lotus Halal Investment Fund 1.03 1.05 4.50% Lotus Halal Fixed Income Fund 1,022.03 1,022.03 3.89% MERISTEM WEALTH MANAGEMENT LTD info@meristemwealth.com Web: http://www.meristemwealth.com/funds/ ; Tel: +234 1-4488260 Fund Name Bid Price Offer Price Yield / T-Rtn Meristem Equity Market Fund 10.81 10.89 11.79% Meristem Money Market Fund 10.00 10.00 15.60% PAC ASSET MANAGEMENT LTD info@pacassetmanagement.com Web: www.pacassetmanagement.com/mutualfunds; Tel: +234 1 271 8632 Fund Name Bid Price Offer Price Yield / T-Rtn PACAM Balanced Fund 1.11 1.13 11.92% PACAM Fixed Income Fund 10.54 10.60 1.39% PACAM Money Market Fund 10.00 10.00 14.41% SCM CAPITAL LIMITED info@scmcapitalng.com Web: www.scmcapitalng.com; Tel: +234 1-280 2226,+234 1- 280 2227 Fund Name Bid Price Offer Price Yield / T-Rtn SCM Capital Frontier Fund 118.59 119.50 16.45% SFS CAPITAL NIGERIA LTD investments@sfsnigeria.com Web: www.sfsnigeria.com, Tel: +234 (01) 2801400 Fund Name Bid Price Offer Price Yield / T-Rtn SFS Fixed Income Fund 1.30 1.30 4.16% STANBIC IBTC ASSET MANAGEMENT LTD assetmanagement@stanbicibtc.com Web: www.stanbicibtcassetmanagement.com; Tel: +234 1 280 1266; 0700 MUTUALFUNDS Fund Name Bid Price Offer Price Yield / T-Rtn Stanbic IBTC Balanced Fund 1,921.54 1,931.65 4.92% Stanbic IBTC Bond Fund 158.32 158.32 2.83% Stanbic IBTC Ethical Fund 0.80 0.81 4.55% Stanbic IBTC Guaranteed Investment Fund 197.51 197.51 5.68% Stanbic IBTC Iman Fund 134.51 136.39 3.66% Stanbic IBTC Money Market Fund 100.00 100.00 18.31% Stanbic IBTC Nigerian Equity Fund 7,772.32 7,862.05 2.49% UNITED CAPITAL ASSET MANAGEMENT LTD unitedcapitalplcgroup.com Web: www.unitedcapitalplcgroup.com; Tel: +234 803 306 2887 Fund Name Bid Price Offer Price Yield / T-Rtn United Capital Balanced Fund 1.20 1.19 9.60% United Capital Bond Fund 1.31 1.31 18.88% United Capital Equity Fund 0.72 0.71 4.59% United Capital Money Market Fund 1.14 1.14 11.39% ZENITH ASSETS MANAGEMENT LTD info@zenith-funds.com Web: www.zenith-funds.com; Tel: +234 1-2784219 Fund Name Bid Price Offer Price Yield / T-Rtn Zenith Equity Fund 11.09 11.29 14.71% Zenith Ethical Fund 11.80 11.92 8.02% Zenith Income Fund 17.77 17.77 7.55%

REITS

NAV Per Share

Yield / T-Rtn

11.41 126.75

1.01% 2.24%

Bid Price

Offer Price

Yield / T-Rtn

8.56 80.50

8.66 82.00

-2.49% 6.22%

Fund Name FSDH UPDC Real Estate Investment Fund SFS Skye Shelter Fund

EXCHANGE TRADED FUNDS

Fund Name Lotus Halal Equity Exchange Traded Fund Stanbic IBTC ETF 30 Fund

VETIVA FUND MANAGERS LTD Web: www.vetiva.com; Tel: +234 1 453 0697

Fund Name Vetiva Banking Exchange Traded Fund Vetiva Consumer Goods Exchange Traded Fund Vetiva Griffin 30 Exchange Traded Fund Vetiva Industrial Goods Exchange Traded Fund Vetiva S&P Nigeria Sovereign Bond Exchange Traded Fund

funds@vetiva.com Bid Price

Offer Price

Yield / T-Rtn

3.15 6.89 13.12 16.33 129.25

3.19 6.97 13.22 16.53 131.25

14.29% -1.98% 9.18% 2.37% -0.48%

The value of investments and the income from them may fall as well as rise. Past performance is a guide and not an indication of future returns. Fund prices published in this edition are also available on each fund manager’s website and FMAN’s website at www.fman.com.ng. Fund prices are supplied by the operator of the relevant fund and are published for information purposes only.

T H I S D AY THURSDAY MAY 18, 2017

THURSDAY MAY 18, 2017 • T H I S D AY

INTERNATIONAL

email:foreigndesk@thisdaylive.com

Putin Offers Transcript to Prove Trump Did Not Pass Russia Secrets Vladimir Putin said on Wednesday that U.S. President Donald Trump had not divulged any secrets during a meeting in Washington with Russian officials and offered to prove it by supplying Congress with a transcript. But a leading U.S. Republican politician said he would have little faith in any notes Putin might supply. Two U.S. officials said on Monday Trump had disclosed classified information about a planned Islamic State operation to Russian Foreign Minister Sergei Lavrov when they met last week, plunging the White House into a fresh controversy just four months into Trump’s tenure. Trump, whose administration has been dogged by allegations that Russia helped him win the White House and that he and his allies are too cozy with Moscow, has defended his decision to discuss intelligence with the Russians after media reports of the meeting alarmed some U.S. and foreign politicians. President Putin deployed his trademark sarcasm on Wednesday to make clear he thought the accusation that Trump had divulged secrets absurd. “I spoke to him (Lavrov) today,” a smiling Putin told a news conference with Italian Prime Minister Paolo Gentiloni in the Russian Black Sea resort of Sochi. “I’ll be forced to issue him (Lavrov) with a reprimand because he did not share these secrets with us. Not with me, nor with representatives of Russia’s intelligence services. It was very bad of him.” Putin, who still hopes Moscow

can repair battered ties with the United States despite a deepening political scandal in the United States related to Trump’s purported Russia ties, said Moscow had rated Lavrov’s meeting with Trump highly. If the Trump administration deemed it appropriate, Putin said Russia could hand over a transcript of Trump’s meeting with Lavrov to U.S. lawmakers to reassure them that no secrets were revealed. A Kremlin aide,Yuri Ushakov, later told reporters that Moscow had a written record of the conversation, not an audio recording. KREMLIN CREDIBILITY U.S. Republican Senator Marco Rubio was unimpressed with Putin’s offer and alluded to alleged Russian hacking of Democratic groups during the U.S. presidential election. “I wouldn’t put much credibility into whatever Putin’s notes are,” Rubio said on Fox News. “And if it comes in an email, I wouldn’t click on the attachment.” Representative Adam Schiff, the top Democrat on the House Intelligence Committee, which is among those probing alleged Russian interference in the 2016 U.S. election, called Putin’s offer “quite amusing.” “The last person Trump needs to vouch for him right now is Vladimir Putin,” Schiff said in an interview with CBS News.“If they want to send something, you know, hats off. Send it our way... It’s credibility would be less than zero.” Russia has repeatedly denied interfering in the U.S. election.

Trump is also under pressure over accusations he asked thenFBI Director James Comey to end the agency’s investigation into the Russia ties of former White House national security adviser Michael Flynn. The allegation stems from a memo written by Comey and seen by a source familiar with the contents of the memo. In Washington, Republican and Democratic lawmakers said they wanted to see the Comey memo. U.S. Representative Adam Kinzinger joined a small but growing number of Republican lawmakers who have said they would back some sort of independent investigation into Russia’s role in the 2016 election. “If in fact what was in the memo is true, it’s very concerning and we need to get to the bottom of that,”Kinzinger said on CNN. ‘EITHER STUPID OR CORRUPT’ Complaining about what he said was“political schizophrenia” in the United States, Putin said Trump was not being allowed to do his job properly. “It’s hard to imagine what else these people who generate such nonsense and rubbish can dream up next,”said Putin, referring to unnamed U.S. politicians. “What surprises me is that they are shaking up the domestic political situation using anti-Russian slogans. Either they don’t understand the damage they’re doing to their own country, in which case they are simply stupid, or they understand everything, in which case they are dangerous and corrupt.”

FG, Obasanjo Condemn Mutiny in Côte d’Ivoire Omololu Ogunmade in Abuja

from any action capable of undermining the peace, security The Federal Government of and democracy in the country. Nigeria has condemned in The federal government further strong terms a recent mutiny urges the people of Cote d’Ivoire within the armed forces in to remain steadfast in their a neighboring West African support for the government and country, Côte d’Ivoire, against to refrain from giving support to the government of President the mutineers in the overall interest of peace, tranquility, good order Alhassan Ouattara. The government, according to and prosperity of the country,” a statement by acting President the statement added. In a related development, Yemi Osinbajo’s media aide, Laolu Akande, expressed strong former Olusegun Obasanjo and unflinching support for has appealed to soldiers in Cote Ouattara’s government and d’Ivoire to return to their barracks. According to Obasanjo, I welcomed ongoing efforts to appeal to these disgruntled resolve the crisis. The statement which called soldiers to peacefully return for dialogue, advised those to their barracks and await involved in the mutiny to return the Ivoirian government’s to their barracks and avoid all consideration of their complaints acts capable of undermining and demands. Republic of Cote d’Ivoire is peace, security and democracy. “In this context, the federal currently witnessing mass protest government urges the parties by her soldiers over wage and to the crisis to exercise bonus dispute. The former president in maximum restraint, remain calm and continue with a statement, also urged the dialogue and negotiations with government of Cote d’Ivoire to the government of President speedily attend to the complaints of the agitated soldiers to bring Ouattara. “Nigeria also urges the the country to normalcy. He expressed worry and mutineers to return to their barracks and to refrain concern over what he described

as ‘the standoff and wholesome situation in Cote d’Ivoire’. Obasanjo appealed to the soldiers to resolve to peace while waiting for government’s consideration of their complaints and demands. He said: “I believe most of us in West Africa, particularly in Nigeria, have been worried and felt concerned about the standoff and unwholesome situation in the Republic of Cote d’Ivoire where the disgruntled Ivoirian soldiers broke out of their barracks and embarked on sporadic shootings and threats to civilian lives over a wage and bonus dispute. “While as a former comrade of those soldiers, I would wish that they have their required bonuses and enhanced wages but as military men, they must act within the code of good conduct and military discipline. “Collectively and individually, our countries in West Africa make peace for development, growth and progress and nothing must be done to reverse the progress so far made by the Republic of Cote d’Ivoire under President Alassane Ouattara.”

T H I S D AY THURSDAY MAY 18, 2017

UTILIZATION OF FOREIGN EXCHANGE AS AT 12TH OF MAY 2017 S/N 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212

CUSTOMERS RINGARDAS DANGOTE CEMENT PLC NIGERIAN BOTTLING COMPANY LTD CHEMSTAR PAINTS UNIVERSAL HORIZON LTD PROMASIDOR NIGERIA LIMITED UNILEVER NIGERIA PLC UNILEVER NIGERIA PLC FREISLANDCAMPINA WAMCO NIG AVON CROWNCAPS & CONTAINERS HAFFAR INDUSTRIAL CO LTD. STANDARD IND. DEV. LTD. UNILEVER NIGERIA PLC HAFFAR INDUSTRIAL CO LTD PROMASIDOR NIGERIA LIMITED FREISLANDCAMPINA WAMCO NIG PLC STALLION MOTORS LIMITED UNIQUE PHARM. LTD. VIRAMSUN NIG. LTD. VIRAMSUN NIG. LTD. FAREAST MERCANTILE COMPANY LTD FAREAST MERCANTILE COMPANY LTD NIGERIAN BOTTLING COMPANY LTD AVON CROWNCAPS & CONTAINERS UNIVERSAL HORIZON LTD WESTERN METAL PRODUCTS CO LTD WESTERN METAL PRODUCTS CO. LTD STALLION NMN LIMITED PROMASIDOR NIGERIA LIMITED FRIESLANDCAMPINA WAMCO NIG PLC AVON CROWNCAPS & CONTAINERS CYBELE COSMETICS LTD VIRAMSUN NIG. LTD. VEEVEE PAPERS PRODUCTS LIMITED NIGERITE LTD. UNILEVER NIGERIA PLC BILLVIEW ENERGY PROMASIDOR NIGERIA LIMITED PROMASIDOR NIGERIA LIMITED DE-UNITED FOODS IND LIMITED STANDARD IND. DEV. LTD. PROMASIDOR NIG LTD PROMASIDOR NIG LTD SUPERIOR METAL MANU CO LTD SUPERIOR METAL MANUFACTURING CO UNILEVER NIGERIA PLC UNILEVER NIGERIA PLC UNILEVER NIGERIA PLC UNILEVER NIGERIA PLC HPZ LIMITED STALLION MOTORS LIMITED PROMASIDOR NIGERIA LIMITED STANDARD IND DEV CO LTD FRIESLANDCAMPINA WAMCO NIG PLC FRIESLANDCAMPINA WAMCO NIG PLC STALLION LCITF-17-00029 UNILEVER NIGERIA PLC PROMASIDOR NIGERIA LIMITED UNILEVER NIGERIA PLC FRIESLANDCAMPINA WAMCO NIG PLC PROMASIDOR NIGERIA LIMITED PROMASIDOR NIGERIA LIMITED SAHARA ENERGY RESOURCES NIG LTD PRUDENT ENERGY &SERVICES LIMITED SAHARA ENERGY RESOURCE NIG LTD SAHARA ENERGY RESOURCE NIG LTD STALLION MOTORS LIMITED SAHARA ENERGY RESOURCE NIG LTD SAHARA ENERGY RESOURCE NIG LTD AVIVA MATRIX ENERGY LTD. BUA SUGAR BUA SUGAR SAHARA ENERGY RESOURCE NIG LTD STALLION MOTORS LIMITED MATRIX ENERGY LTD. BUA SUGAR SAHARA ENERGY RESOURCE NIG LTD BUA SUGAR BUA SUGAR TOTAL NIGERIA PLC TOTAL NIGERIA PLC BUA SUGAR KAM IND ULTIMATE GAS LIMITED RAYBROS RINGARDAS DHL PRIMEPAK INDUSTRIES NIGERIA LIMITED FRIESLAND CAMPINA WAMPCO PURECHEM MANUFACTURING LIMITED PURECHEM MANUFACTURING LIMITED NIGERIAN BOTTLING CO LTD TOTAL NIG PLC CROWNSTAR COMM INVST NIG LTD AFTRADE NIG CBN CBN CBN CBN CBN CBN CBN CBN CBN CBN BELLO JIMOH OLAJIDE BEM KATSINA ALU SHODEINDE ADETOYESE AGBONIKA PETER ENEMAKWU ALFA ORIAKHI AGBONMAHIO PAMELA ORIAKHI AMIANDAMEN TOLUHI ABIMBOLA FOLASHADE DR TAMUNOPRIYE C JAJA ABUBAKAR NASIRU ALIKO ALIYU SALISU UMAR AHMAD KABIRU ABDU MUBARAK SHEHU ABBAS ALIKO SANI SHEHU SHEHU YAHAYA SANI SHAMSUDEEN YAKUBU MUHAMMAD ABDULHALIM AHMAD ADEWOPO FESTUS OLUWAFEMI BABA GALI MUHAMMAD SANI ABUBAKAR UMAR BATURE NAZIFI ABDULKADIR BATURE ZAHARADDEEN ABDULKADIR YUSUFA ABDULMAJID ABBA KAMFA KAMALU ABDULKADIR DOTIE OKIEMUTE ENILAMA CLARA VICTOR ABUBAKAR SALIS ABUBAKAR INYANG SAMUEL ASUQUO AKARAONYE AUGUSTINE CHIBUIKE HUSSAIN UMAR IBRAHIM OSUNFISAN DUROGBOLA OSUNFISAN OLUYOMI LAWAL OLAMIDE PATRICK OBI KUTI SHEHU BOLAJI AJAYI ISREAL A FOWLER AMBA OLUFUNKE OTOBOEZE SAM ADELEKE MONSURAT TITILAYO UDEANI DENNIS CHIZOBA OZOMGBACHI OGBUEFI ORAH EZEUKWU NNAMDI MGBECHI EMMANUEL EMEKA EZEOBI OBIANUJU CYNTHIA OKWUNNA BENNETH EMEDIKE MUHAMMED DALHATU SANI OYEDIRAN ADEOYE OLADIPUPO EDEH OMEGO MARIA GORETTI EDEH PAUL EMMANUEL MATTHEW NZE SPLENDOR IKECHUKWU EKE EMILIA CHIOMA SOETAN ELIZABETH IBIZUGBE NOREDIA MOMODU RAMETU OMAMEGBE DOSUNMU STELLA JUMOKE ABDULAI DANJUMA SYLVANUS TAHIR AZODOH EVARISTUS UZOMA OKEYIKUN OLADUNNI TOLULOPE ORSHI DAVID DEMENONGU ABDULAZIZ FATIMA ISA SALIM ONYEMA DAVID OBINNA ODIMGBE MARY EKWUTOSI SOYOMBO MARY ONATAGHOGHO DANIEL OGHENECHODJA LUCKY GARO NAFISA TIJJANI SULE AHMED HABIB DAURA UZOSIKE CHINEDU BENEDICT OKEKE CHRISTOPHER AZUOMA NNAEMEKA EZE EZE EDMUND ONYEACHONAM JAMODU OLUWAROTIMI OLUFEMI DIBOR VICTOR NWABUNWANNE ALLI EGO MAUREEN MUHAMMAD SANI BASHAR YAHAYA ABUBAKAR FALEYE GANIAT OLANREWAJU FALEYE FESTUS ADELANI AGUNWA IMAOBONG CHRISTOPHER ADIGUN FOLUWASO FEYIKEMI AKINGBA EDDISON OLANREWAJU AFOLABI OLUSEYI AFOLAKE ONUOHA NNEOMA ONYILIOFOR MICHEAL E. OKEKE KINGSLEY KOSISOCHUKWU OKEKE CHRISTIAN NNAMDI OKORO JOSEPH CHUKWUNONSO AMADI CHIJIOKE EMMANUEL OLALEKAN FEMI SAMUEL AKANWA PRISCILLA IHEUKO OGU TOCHI AGATHA AYENI FUNBI ANTHONY SHEHU USMAN SALISU RUQAYYA SALISU DUTSINMA JAMILU SANI WADA ABBAS ABBAS ABDULLAHI ABDUSSALAM ZAINAB ABDULLAHI SHUAIBU MUHAMMAD SHUAIBU SANI HABIBU DALHA KABIRU MUSTAPHA MUNTARI IBRAHIM AMUZIE JUDE NWABUEZE DIACHI JUSTINA NKEM OSONDU KANAYO EZE CHUKWUMA ONUOHA CLEMENT

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AMOUNT (US$) 100,000.00 15.00 75.00 145.20 205.90 218.46 220.43 250.72 379.42 385.00 393.03 478.81 493.63 500.00 507.35 513.07 569.61 585.24 634.93 671.29 704.93 704.93 741.02 764.23 880.40 937.72 937.72 965.78 987.42 992.73 1,011.94 1,014.60 1,050.45 1,159.28 1,312.22 1,385.29 1,392.65 1,480.75 1,703.80 1,744.05 1,754.18 1,780.15 1,780.15 1,792.23 1,792.23 1,919.64 1,940.55 2,214.14 2,328.65 2,340.50 2,414.11 2,925.49 3,366.21 3,379.00 3,379.52 3,533.27 3,578.16 3,609.21 3,610.07 4,075.33 4,119.26 4,160.62 4,231.80 4,650.01 6,793.99 6,972.53 7,878.63 11,939.83 13,011.62 13,945.06 49,561.21 14,102.82 14,211.46 14,211.46 18,263.37 19,899.72 21,154.23 22,311.30 23,625.94 32,608.82 32,608.82 37,426.66 42,416.88 46,424.10 200,000.00 2,700.00 100,000.00 100,000.00 1,000,000.00 996.77 379.42 779.59 709.18 741.02 11,029.51 100,000.00 100,000.00 177,966.48 266,541.79 153,944.81 254,842.25 190,908.50 317,235.59 132,832.61 201,107.34 140,355.05 213,501.46 4,000.00 5,000.00 5,000.00 4,000.00 4,000.00 4,000.00 4,000.00 2,200.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 5,000.00 5,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 5,000.00 5,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 5,000.00 4,000.00 4,000.00 1,000.00 4,000.00 4,000.00 5,000.00 4,000.00 4,000.00 4,000.00 5,000.00 4,000.00 4,000.00 5,000.00 200.00 300.00 4,000.00 4,000.00 4,000.00 1,500.00 650.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 5,000.00 4,000.00 5,000.00 2,000.00 4,000.00 4,000.00 5,000.00 4,000.00 5,000.00 5,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 2,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 700.00 5,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00

PURPOSE BITUMEN 60/70 SPARES POLYTHYLENE CLOSURES TITANIUM DIOXIDE KRONOS NCR SELFSERV ATM (S2) CHOCOLATE FLAVORS TEXAPON OCN UL 25KG 5M2 GALAXY PRECIPITATED SILICA MFIL EVAPORATED FULL CREAM MILK PEAK GOLD RAW MATERIALS FOR I TINPLATE SYNTHETIC TOW OF ACRYLIC FOR SPINNING INDUSTRIAL RAW MATERIALS ZEODENT R 165 SILICA INDUSTRIAL RAW MATERIALS 70KG BAGS BULK RAW TEA BUTTERMILK POWDER HS 100 UNITS OF TRUCK CKD KIT PETROLEUM JELLY WOODFREE PLAIN PAPER IN SHEETS WOODFREE PLAIN PAPER IN SHEETS VITAMILK SOYAMILK IN GLASS BOTTLE VITAMILK SOYAMILK IN GLASS BOTTLE POLYTHYLENE CLOSURES 28MM TIN FREE STEEL SHEETS NCR SELFSERV ATM (S2) INDUSTRIAL RAW MATERIALS INDUSTRIAL RAW MATERIALS NISSAN SPARE PARTS SPRAY DRIED COFFEE 102MT OF BUTTERMILK POWDER HS BAG RAW MATERIALS FOR IND - TINPLATE BUTANE GAS WOODFREE PLAIN PAPER IN SHEETS ROTATING PAPER ROLL CLAMP 1600MM PVA FIBRES FOR CEMENT APPLICATION TEXAPON OCN UL 25KG 5M2 ( GALAXY 789) SMART ELECTRONIC METERS ACCESSORIES WHOLE MILK POWDER FORTIFIED COWBELL INSTANT MILK POWDER FORTIFIED SPARE PART FOR MACHINERY INDUSTRIAL RAW MATERIALS COWBELL INSTANT MILK POWDER FORTIFIED COWBELL INSTANT MILK POWDER FORTIFIED INDUSTRIAL RAW MATERTIALS INDUSTRIAL RAW MATERTIALS OPTAMINT ODORIFERIOUS MIXTURE PRECIPITATED SILICA MFIL FLV CHICKEN ROAST WHITE MEAT PRECIPITATED SILICA MFIL AIR CONDITIONERS & SPARE PARTS 60 UNITS OF NISSAN ALMERA SKD COWBELL INSTANT MILK POWDER FORTIFIED INDUSTRIAL EQUIPMENT 198MT OF SKIMMED MILK POWDER 198MT OF SKIMMED MILK POWDER 60 UNITS OF NISSAN ALMERA SKD WHOLE MILK POWDER MOTOR SPARE PART BULK MUL TIPLY BAGS MILSI FILLED MILK PRECIPITATED SILICA MFIL WHOLE MILK POWDER INSTANT 28/37.5 BAG COWBELL INSTANT MILK POWDER FORTIFIED SPRAY DRIED COFFEE 5000 METRIC TONS (+/- 10 PERCENT) OF JET A-1 GASOLINE 10,000MTS OF JET A-1 5000 METRIC TONS (+/- 10 PERCENT) OF JET A-1 FULL CABIN ASHOK LEYLAND STALLION 4X4 5000 METRIC TONS (+/- 10 PERCENT) OF JET A-1 10,000MTS OF JET A-1 RAW MATERIAL FOR EXERCISE BOOKS DPK (JET A-1) RAW SUGAR IN BULK RAW SUGAR IN BULK 5000 METRIC TONS (+/- 10 PERCENT) OF JET A-1 100 UNITS OF TRUCK CKD KITS (ASHOK LEYLAND DPK (JET A-1) RAW SUGAR IN BULK 10,000MTS OF JET A-1 RAW SUGAR IN BULK RAW SUGAR IN BULK BASE OILS FOR BLENDING OF LUBRICANTS BASE OILS FOR BLENDING OF LUBRICANTS RAW SUGAR IN BULK IND. ACCESSORIES FOR MILL PLANT PROGRAMME FEES GASOLINE GENERATOR BITUMEN 60/70 COURIER SERVICE PAYMENT POLYETHYLENE GRANULES LC CHARGES CONTINOUS CATHOD COPPER CONTINOUS CATHOD COPPER LC CHARGES BITUMEN 60/70 PLAIN PAPER IN SHEETS ARTIFICIAL RESINS IMTO TRANSFER TO CBN IMTO TRANSFER TO CBN IMTO TRANSFER TO CBN IMTO TRANSFER TO CBN IMTO TRANSFER TO CBN IMTO TRANSFER TO CBN IMTO TRANSFER TO CBN IMTO TRANSFER TO CBN IMTO TRANSFER TO CBN IMTO TRANSFER TO CBN PTA BTA BTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA BTA BTA PTA PTA PTA PTA PTA PTA BTA BTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA BTA PTA PTA PTA PTA PTA BTA PTA BTA PTA BTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA BTA PTA BTA PTA PTA PTA BTA BTA BTA BTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA BTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA

RATE 306.20 333.00 333.00 333.00 333.00 333.00 333.00 333.00 333.00 333.00 333.00 333.00 333.00 333.00 333.00 333.00 333.00 333.00 333.00 333.00 333.00 333.00 333.00 333.00 333.00 333.00 333.00 333.00 333.00 333.00 333.00 333.00 333.00 333.00 333.00 333.00 333.00 333.00 333.00 333.00 333.00 333.00 333.00 333.00 333.00 333.00 333.00 333.00 333.00 333.00 333.00 333.00 333.00 333.00 333.00 333.00 333.00 333.00 333.00 333.00 333.00 333.00 333.00 333.00 333.00 333.00 333.00 333.00 333.00 333.00 386.00 333.00 333.00 333.00 333.00 333.00 333.00 333.00 333.00 333.00 333.00 333.00 333.00 333.00 306.15 325.50 306.10 306.10 390.00 325.50 333.00 325.50 325.50 333.00 325.50 306.10 306.10 357.00 357.00 357.00 357.00 357.00 357.00 357.00 357.00 357.00 357.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00

DATE 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 12-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 9-May-17 10-May-17 11-May-17 11-May-17 8-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 8-May-17 8-May-17 9-May-17 9-May-17 10-May-17 10-May-17 11-May-17 11-May-17 12-May-17 12-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17

S/N 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360 361 362 363 364 365 366 367 368 369 370 371 372 373 374 375 376 377 378 379 380 381 382 383 384 385 386 387 388 389 390 391 392 393 394 395 396 397 398 399 400 401 402 403 404 405 406 407 408 409 410 411 412 413 414 415 416 417 418 419 420 421 422 423 424

CUSTOMERS AMAKOM EKENE NGOZI ORAEKEH ECHEFUNACHUKWU PIUS ONWURAH CHIKELUE INNOCENT OKORO BARTHOLOMEW AGWU OKONKWO ALEXANDER EKWUKA IBIDOJA DUROTOYE KOLAPO OCHE SAM CLEMENT UKEJI IKECHUKWU JOSEPH ANYIWO EDITH NGOZI IMAM AMIR IDRIS ATTA ABDULMALIK ADEKANYE JOSEPHINE SOLAPE TAIWO AFOLAKE GRACE OKORO CHIBUEZE FRIDAY ANICHEBE SUNDAY GODFREY AKINPELU KEHINDE PAMELA NWEKE CHIZOBAM NGOZIKA NWEKE CALLISTUS NWONWU OTENIGBAGBE LATIFAT KOFOWOROLA ADEPOJU SEFIAT EDIGBE JEREMIAH UZUAZOKARO MOMOH IMAN ADEIZA EZENNIA IKENNA STEPHEN ADEJOKUN ADEFUNKE DEBORAH ALAO BOLA FAUSAT ADEBULE TOYIN OLAYEMI SANNI WAHAB OLUWASHENI OKAFOR ONUNAKPEBIE PATRICK SABIR AHMAD LAILA SAIDU MAISHANU SUWAIBA OGUIKE OGECHI PRECIOUS OYEKOLA OLATUNBOSUN LAWAL KOLAWOLE KABIR ADEOSUN ADEFUNKE MARGARET ODUSINA FOLAJOKE CECILIA ORANIKA FRANCISCA CHIKA EKAETE UBONG MBAT OLADAPO GBENGA JOSHUA OKEH SOLOMON ONYEBUCHI OBAFEMI OLUFEMI HELEN IROLE ONYEMESE DANIEL ETIM AARON PHILIP ADEKUNLE FUAD OLATUNBOSUN CHIBUEZE PATRICK IKECHUKWU UKPONMWAN CATHERINE UFUMWEN KOLAWOLE ADEYEMI ISMAIL EKENAKA PATIENCE CHINYERE ONOKOYA ADEDOLAPO OMOLARA BASSEY EDET GEORGE ONWUKEME ANNE OBIANANMA UMA DAVID OBASI NWANKWO FELIX BABATUNDE CHRISTOPHER TOLULOPE QUADRI OGOOLUWA GRACE OJERINOLA OLAWALE ADEWOLE GLORIA ADAEZE OKONJI SHOMADE FUNMILAYO OLUWASEYI FAIZA DAHIRU SIDI TALLE YUSUF BALA KARAMI YAHAYA SANI IBRAHIM MOHAMMED ALIYU ABBA BUHARI ABDULLAHI MUHAMMAD GARBA YANA YAHAYA HAMBALI FATIMA ABDULRAZAK ALI ABUBAKAR ABDULLAHI IBRAHIM HAUWA ISMAIL YAHAYA HANGA SANI FARILA NWOJO INYIRI KALU OGBEIDE OSAFUMWENKHOERE OLUDIYA ABEL OLUWAFIKUNMI OSEGHALE UDUOBA DAVE ANENE SUNNY CHUKWUMA AYENI OLUSEGUN SONNY HAMEED OLAWALE ADIGUN IBRAHIM TAJUDEEN AFOLABI BELLO MUNIRU AYODEJI MARTINS UGWUJA KENDESON ASHINA ELIZABETH ENGR EJIKE MGBEMENA UBANAGUM OGUNNAIKE E FOLORUNSO PASTOR D. ARCHIBONG EFANGA ADIARI ANTHONY ADISK LUCKY OGHENE OMORU ONOKALA ENYINNAYA CHARLES O OTAKORE ETIM EMMANUEL JIMMY BOLAJOKO AGUNLEJIKA NGOZI G. SCOTT KEKONG, PATRICK NKRAH APPIH EFE DAVID JACOB USMAN ADEDEJI ODUYEMI EYITAYO EHIEMOBI ADAORA OZIOMA ORUNGBE ABAYOMI AMINU SURAJO WUDIL KAMALUDDEEN, GARBA ISAH IBRAHIM, ABUBAKAR SANI MOHAMMED HAUWA AUWALU GARBA AHMAD DANADO NAZEER ABDULLAHI BABA RABIU MUSA ALHASSAN RABIU MOHAMMED SABIU YARO USMAN M. ABDULLAHI DANBURJI FARUK ADO SULEIMAN GALADANCHI NADEERA DAHIRU YARO SHESHE SALISU YAMUSA MUSA SHEHU MUHAMMAD SAGIRU YUSUF IBRAHIM JAMILU EZEKWE MERCY IFEOMA CHUKWU LILIAN NWANYINAYA CHIKERE CHIOMA BLAISE BAKARE BALIKIS AMOKE ADESINA FOLAJIMI BADRU IBRAHIM ADEBOLA BILLO JARVIS DAVID SADISU BAKO SALE BELLO ABDULLAHI MUHMUD SAGIR SALISU SANI ADAMU USMAN WARSHU GABARI MUKHTAR KHALIL IBRAHIM NASIRU MUSA LADAN HASIYA ABDULLAHI YUNUSA HALIMA ABDULMUDDALLABI INUSA SAID AHMAD ABDULHAMID SADIK BASHIR NURA BABANGIDAH BILYAMINU TIJJANI IBRAHIM MUSA MUHAMMAD ISYAKU UBALE UMAR KIRU MUHAMMAD ALIYU FATIMA ABBA MAIMUNA ABBA ALI NAZIFI IBRAHIM MUKHTAR WARU UMAR MUHAMMED AHMED AHMAD SHAMSUDDEN MUHAMMAD ELIJAH MONICA RAHILA OLASUNKANMI SAIDAT ADERONKE OYEWOLE OPEYEMI IBIWUNMI NWOSU CHRISTOPHER CHIMA NWANMA RAY KELECHI UDEANI DENNIS CHIZOBA EKWUAZI REMIGIUS CHINEDU EZEONUEGBU CHIBUEZE PATRICK OBIORA PRECIOUS CHIKA DUROJAIYE OYEKANMI F. ADEDOYIN HASSAN MUSA AUWALU UMAR GUMMI MUAZU CHIDOZIE IRENE ODIANOSEN ALABI HAMMED BIOLA CHINEDU KENNETH ADERIBIGBE OLUWASEUN ISAAC IBRAHIM AL-KASIM ADISA MONSURAT OLAIDE ODENIGBO CHARLES UZOMA ABITOYE SAMUEL O. OLANREWAJU ABBA LULU NURA KABIRU NURA AHMED UMAR AUWAL IBRAHIM HAMZA MORAWO TAWAKALIT ADEYEMI OMOLADE OLUWATOSIN IRIOGBE EUGENE EGBOS IBOI BILIKIS OLAMIDE ONAJOBI SAULA OLORUNTELE OBIANIKA UJU SYLVIA NIMYEL NANSEL SUNDAY EZAZA DORIS CHINYERE GANI -MUSTAPHA OLUBUNMI TAIBAT OJEI CHIBUZOR STANLEY OGUNDOGBA ADENIYI ADEBOLA FRANCISCA NDIDIAMAKA OSIGWE ZAHARADDEEN ABDULLAHI ONYEANUSI CHIKA LINDA AKUDO E IKPEAZU OBAZE JULIUS EHIMEN AGU VIVIAN NNENNA MAHI NURA SABIU MUSA KABIRU SALISU MUSA ABDUSSAMAD IBRAHIM ABUBAKAR FATIMA ILIYASU IDOKO SIMEON UCHENNA EKE NGOZI OZOR IFEANYI TOCHUKWU ABASS AZEEZ MAKANJUOLA HADIZA MUHAMMED SAWI SULEIMAN TAHIR LAWAN AMINU GIDADO AMINU BELLO IBRAHIM YAHAYA UMAR HASSAN UMAR MUHAMMAD BAWA ALIYU SANI ABDULLAHI KARIMA GARBA USMAN MUHAMMAD HASSAN ABUBAKAR ABUBAKAR ABBA NUHU FAHIHU BALA HAMZA NAZIRU MUHAMMAD UMMA AMINU HARUNA SALISU BUHARI ABDURRAUF YUSUF IBRAHIM VASNANI JHAMAN THAKURDAS SABIU MOHAMMED SULEIMAN OKEAKPU FRANSCISCA NKEM OKEZUE IFEANACHO VICTOR ABIRHIRE ETABUKO ABIRHIRE JOLOMI ADEDEJI OMOLADE AROLOYE FASUBAA OLUWABUKOLA O. ULASI IFEATU IJEOMA

AMOUNT (US$) 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 2,000.00 4,000.00 4,000.00 4,000.00 100.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 1,500.00 4,000.00 4,000.00 4,000.00 3,888.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 5,000.00 3,000.00 4,000.00 150.00 4,000.00 2,000.00 4,000.00 1,500.00 4,000.00 4,000.00 4,000.00 3,600.00 2,500.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,979.05 3,981.58 3,981.58 2,654.39 3,998.00 1,332.89 533.16 3,985.34 3,998.70 665.00 2,450.00 4,500.00 8,483.00 1,580.00 13,219.85 2,000.00 10,300.00 3,500.00 9,500.00 7,200.00 1,332.90 2,665.80 4,709.59 11,684.20 4,118.66 529.45 133.29 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 5,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 1,000.00 4,000.00 4,000.00 4,000.00 1,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 2,600.00 4,000.00 4,000.00 1,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 5,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 1,000.00 5,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 5,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00

PURPOSE PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA BTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA BTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA BTA PTA PTA PTA PTA PTA PTA PTA PTA BTA PTA PTA PTA PTA PTA PTA PTA PTA PTA SCHOOL FEES SCHOOL FEES SCHOOL FEES SCHOOL FEES SCHOOL FEES SCHOOL FEES SCHOOL FEES SCHOOL FEES SCHOOL FEES MEDICAL FEES SCHOOL FEES SCHOOL FEES SCHOOL FEES SCHOOL FEES SCHOOL FEES SCHOOL FEES LIVING EXPENSE PTA PTA PTA PTA PTA PTA PTA BTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA BTA PTA PTA PTA BTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA BTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA BTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA

RATE 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00

DATE 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 8-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17

S/N 425 426 427 428 429 430 431 432 433 434 435 436 437 438 439 440 441 442 443 444 445 446 447 448 449 450 451 452 453 454 455 456 457 458 459 460 461 462 463 464 465 466 467 468 469 470 471 472 473 474 475 476 477 478 479 480 481 482 483 484 485 486 487 488 489 490 491 492 493 494 495 496 497 498 499 500 501 502 503 504 505 506 507 508 509 510 511 512 513 514 515 516 517 518 519 520 521 522 523 524 525 526 527 528 529 530 531 532 533 534 535 536 537 538 539 540 541 542 543 544 545 546 547 548 549 550 551 552 553 554 555 556 557 558 559 560 561 562 563 564 565 566 567 568 569 570 571 572 573 574 575 576 577 578 579 580 581 582 583 584 585 586 587 588 589 590 591 592 593 594 595 596 597 598 599 600 601 602 603 604 605 606 607 608 609 610 611 612 613 614 615 616 617 618 619 620 621 622 623 624 625 626 627 628 629 630 631 632 633 634 635 636

CUSTOMERS SOFOLAHAN OLUSOGA ADEDOYIN TELUWO ADENIKE ADEYINKA ADISA AFOLASADE AJIBODE EJIOGU JUDE OBI UKAMAKA ADEMESO FOLASHADE OYINDAMOLA ANYANWU PEACE UDOKAKU ADDAI EMBELL KOLAWOLE HEZEKIAH KOLAWOLE YETUNDE ADEBANKE IGUBEH SANOK MOHAMMED ABUBAKAR MUSA MAKINDE TIMOTHY OLUWADAMILARE ODOZOR UCHENNA PAULINUS EKPE EMMANUEL BASSEY OKORO OMOTOKE BADEKE IYABODE SHOLANKE OGUNLEYE MUYIDEEN OLUBENGA EZEMOKA CHIKA ANTHONY UMOREN MFON ETIM EHIRIM OMENICHEKWE BONIFACE OGUNGBE ATINUKE ASABI AJALA TEMITOPE FEYISETAN AKANBI OLUWOLE JAMES REV MSGR. BETRAND C. MUOJEKWU AKINSHOLA OLUSEGUN OLUSESAN TITCOMBE DORIS NKECHINYERE OKOLO UKONWA AFOAMAM ABUBAKAR KYARI MOHAMMED GARBA BASHEER RUFAI IBRAHIM ABBA ABIODUN PHILIP OLAYELE PATRICK OSAYIMWEN AGBONAVBARE OSAYAMEN ABIMOH UROUPAGHA EMMANUEL OGIEVA-OKUNBOR NOSAKHARE M. OBIKEZE OBINNA CHIDOLUE MOHAMMED IBRAHIM AGBOOLA OLAYINKA OLADIPO ODUMOSU OLADAPO MUKAILA NWADIKE UCHENNA V ONIYIDE AKINTUNDE LADEPO OLUWAFUNMILAYO ABIODUN EDEBEATU HENRY CHIKWUJI JEAN CHIAZOR ANISHERE PRECON & SONS GLOBAL ENT. LTD SULEIMAN HALIMA SYSTEM DYNAMICS (NIGERIA) LIMITED PATRICK O IKEBUDE REBECCA IYERIKUMO OPUBO-DENNIS OLUKOLA OSUNBUNMI & COMPANY HAMPTON APARTMENTS LTD M.O NNAJI BAKERY LTD PAX VENTURES NIG CO IGHWRE AKPOTU ENGR EMMANUEL AJURU OKOLI IDRIS YUSUF MARADUN ANUCHA AMBROSE CHIBUZO NANIA LEBARI BARISUAUU ALEDOWU NANIA LEBARI BARISUAUU ALEDOWU IKHIODA OYEMEMAME REBECCA IWEGBU PETER NDU SUNDAY OMOPHE UGBODUMA OPARA OKECHUKWU VITALIS WETLAND MICRO-FINANCE BANK LTD LAFENAX NIG. LIMITED VERMOS (NIGERIA) ENTERPRISES SAEED BABA AHMED CHINELO IJEOMA NZELU EKONG VICTOR A OTUNBA SOYODE OLAWALE OTUNBA SOYODE OLAWALE UDE OKO CHUKWU AZUBROS COMMERCIAL ENT LTD JOHNSON OTHEGBUDU GREGORY TSADO IKHAMATE THOMPSON DOROTHY NWANKWO EMEKA CHARLES AMANAMBU NNEKA AUGUSTINA GODWIN BRAIN ISAAC SONEYE ALABI NDUBUISI SAMUEL CHINONYEREM OYAGBARO SAMUEL AGBOOLA OGBONNA MATHEW CHIKAODILI BAGE IBRAHIM ABDULLAHI ABUBAKAR ZUBEIR SANGIR ADIO AFIS ADEMOLA LASISI KEHINDE SAHEED OLOLADE ABIKE LASISI KPEKPE BRIGHT BARIDI JOBARTEH OSEYIOMON EJIMAGBON NWOSU IHEME UZOMA OLAOYE OLALEKAN SUNDAY OSHODI OLAITAN KAREEM FIJABI KOLA SEEDS OF CHANGE CHAMBERS ADEGOKE ADEJISOLA MORENIKE OKOLI UCHE EGBOKA CHUKWUKA EZEANYAOHA NNAGU SUNDAY AMECHI MADUAKOR ELIJAH IKECHUKWU KALU OGBONNAYA NDUKWO OLATIGBE SUNDAY IZUKA IHEANYI AUGUSTINE IZUKA NKECHI MABEL SHOBOWALE DAMILOLA DEBORAH A.B ALHASSAN NIG. LTD SALAMATU YAHAYA MUHAMMAD IGWE GOLD AJELE CHINWENUBA R. CHUKWUEMEKA OMONIGHO YUGBOVWRE ADAMS KAZEEM GBOLAHAN ISSA AFIS ADEROJU ONYIBA ONYEMA IDOWU OLUWAFEMI SAMSON OGBODO GODWIN CHISOM BALOGUN MUMEEN OLAJIDE OSHINGBADE OLABISI KUBURAT SALAMI ABU INDORAMA MR AND MRS SAM KPUTU SUNDAY OLUWAPELUMI FASUBAA EQUERE EMEMOBONG UDUAKOBONG OYEDIJI OYEDELE GODWIN ROBERT OKOMOWHO MATTHEW CHIGBUE BRIAN ADIMOLISA LADEJI AUGUSTA ABOSEDE ADEGBOYE TITILAYO VICTORIA AGUNBIADE FATIMAH BINTU MUSA YUSUF ALI SAKINA MUSA YUSUF EDEM CLIFFORD EJIKE EZEH OBIORA SAMUEL OFFOR VICTOR NNAGOZIE UKIH SARAH TERKUMBUR EZEH BONIFACE ARINZE AKUJUOBI UZOMA VICTOR OKORIE PATRICK OGBONNA DIAI KIDOCHUKWU UMA COMFORT SAINT BOB MOTORS LTD ODOEMENEM ANTHONY CHITURU ADEWUMI OLUBUSUYI MOSES ONI BUKOLA OLUFUNKE OKUNRIBIDO O OLUFUNMILAYO THEODORA UNYI I DANBATTA ZAINAB BARAU BAMALLI YAKUBU MUSA OSIYEMI BAMIDELE OLUSEYI SHARIFF UMAR DAWODU ABDULFATAI INIOBONG EFFIONG UDOM EZE DOOFAN ANDRELLA EZE IKECHUKWU WALTER UVIEGHARA PASY NURA YAHAYA TAFIDA NAZIFI ABUBAKAR ABDULLAHI SANI SANI ALI JAMEELAH ABUBAKAR MOHAMMAD AISHATU UMAR MUHAMMAD MUHAMMAD ABDULRAUF AHMAD ALHASSAN FADILA SANI ABDULLAHI AMINU YAU AYUBA AMINU UBA MUHAMMAD MUSA NUHU ALI HASSAN AMINU ALABI OMOLARA ADETUTU GURI ALIYU MUHAMMAD BELLO SHAKIRAT OYEBIMPE OLADIPO JOSEPH OLUSEGUN EBEBE EBERE DANIEL BABATUNDE GABRIEL SANI SANI JUDE IKECHUKWU EFULU MBAKAAN CELESTINE TERYANGE KORTOR JOSEPH NAMGWA OMONONA SOLOMON EMEGOAKOR O. GRACIOUS TOBIN-WEST DIAMOND ENOCH NGUMAH CHINONDU KINGSLEY KARIMU MUYIBATU FUNMILOLA OTISI IKWANI ASANAUSUNG EPHRAIM ENOFIOK IYOHA OSAGIE RICHARD ADEBOYE OLUWAKEMI MARY OMOTOSHO SALLY AINA ALUTU UZOCHUKWU UCHECHUKWU OKAFOR NDUBUISI AUGUSTINE IGWE JOSEPH EMEKA SANI MAHMUD USMAN AVIVA ALI HARUNA ADAMU IBRAHIM ISMAIL GARBA SALIM SALISU ABDULLAHI PHILLIPS GBOYEGA OLADIMEJI OKEKE ONYINYE BENEDETH OGUIKE CHIBUZO HENRY EZENWA FERDINAND KELECHI TALABI OLUMIDE OLALEKAN OPARAODU NYEMA DAVID RIKA PAUL SUNUSI AHMAD FARI TAHIR ABUBAKAR ANAS USMAN KABIRU MALAMI KABIRU ZULYADAINI ALI SALISU ADAMU ADEWUYI ABIODUN MUSIBAUDEEN ILIYASU SANUSI MUSA RILWAN BALA IBRAHIM SULE MAN DAHIRU MONICA INTEGRATED GLOBAL IND LTD NWOSU BENEDICT AKUBUOKWU

AMOUNT (US$) 4,000.00 4,000.00 4,000.00 5,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 800.00 4,000.00 2,000.00 5,000.00 4,000.00 4,000.00 4,000.00 3,000.00 3,200.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 5,000.00 4,000.00 4,000.00 4,000.00 1,500.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 3,981.58 3,981.58 3,990.00 1,330.81 3,997.03 1,871.53 695.00 3,366.00 765.20 2,033.27 5,347.20 2,673.60 7,000.00 5,948.73 6,419.49 13,300.00 2,128.00 6,771.99 1,150.00 14,580.62 3,195.00 2,532.42 2,032.97 3,837.00 7,988.63 9,501.96 2,067.02 3,123.32 10,663.20 1,999.35 14,182.06 2,055.33 8,407.93 6,977.28 6,474.05 2,000.00 14,936.00 7,260.00 2,500.00 1,650.00 1,522.07 2,174.63 4,000.00 4,000.00 5,000.00 5,000.00 4,000.00 4,000.00 4,000.00 5,000.00 5,000.00 1,100.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 5,000.00 4,000.00 4,000.00 4,000.00 5,000.00 5,000.00 4,000.00 500.00 4,000.00 4,000.00 4,000.00 5,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 5,000.00 4,000.00 4,000.00 4,000.00 5,000.00 4,000.00 352,060.75 4,000.00 4,000.00 4,000.00 1,500.00 4,000.00 4,000.00 1,000.00 4,000.00 4,000.00 4,000.00 4,000.00 1,500.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 5,000.00 4,000.00 4,000.00 5,000.00 500.00 1,000.00 4,000.00 4,000.00 4,000.00 5,000.00 4,000.00 5,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 5,000.00 4,000.00 4,000.00 611.00 5,000.00 4,000.00 2,500.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 1,000.00 4,000.00 900.00 4,000.00 2,000.00 5,000.00 5,000.00 4,000.00 31,378.04 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 3,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 5,000.00 4,000.00 4,000.00 4,000.00 4,000.00 5,000.00

PURPOSE PTA PTA PTA BTA PTA PTA PTA PTA PTA PTA PTA PTA PTA BTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA SCHOOL FEES SCHOOL FEES ACCOMMODATION FEES SCHOOL FEES SCHOOL FEES SCHOOL FEES SCHOOL FEES SCHOOL FEES SCHOOL FEES SCHOOL FEES SCHOOL FEES SCHOOL FEES SCHOOL FEES SCHOOL FEES SCHOOL FEES SCHOOL FEES SCHOOL FEES SCHOOL FEES SCHOOL FEES SCHOOL FEES SCHOOL FEES SCHOOL FEES SCHOOL FEES SCHOOL FEES SCHOOL FEES SCHOOL FEES SCHOOL FEES SCHOOL FEES SCHOOL FEES SCHOOL FEES SCHOOL FEES SCHOOL FEES ACCOMMODATION FEES LIVING EXPENSE SCHOOL FEES PTA PTA BTA BTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA BTA PTA BTA PTA BTA PTA PTA PTA PTA PTA PTA BTA PTA PTA BTA PTA PTA PTA PTA PTA PTA PTA BTA PTA LOAN REPAYMENT PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA BTA PTA PTA BTA PTA PTA PTA BTA PTA BTA PTA BTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA BTA PTA PTA PTA BTA PTA PTA PTA PTA PTA PTA PTA BTA PTA PTA PTA BTA PTA BTA BTA PTA RAW MATERIAL FOR EXERCISE BOOKS PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA BTA PTA PTA PTA BTA BTA

RATE 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 386.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 386.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00

DATE 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 9-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 12-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 12-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17

Africaâ&#x20AC;&#x2122;s global bank

T H I S D AY THURSDAY MAY 18, 2017

UTILIZATION OF FOREIGN EXCHANGE AS AT 12TH OF MAY 2017 S/N 637 638 639 640 641 642 643 644 645 646 647 648 649 650 651 652 653 654 655 656 657 658 659 660 661 662 663 664 665 666 667 668 669 670 671 672 673 674 675 676 677 678 679 680 681 682 683 684 685 686 687 688 689 690 691 692 693 694 695 696 697 698 699 700 701 702 703 704 705 706 707 708 709 710 711 712 713 714 715 716 717 718 719 720 721 722 723 724 725 726 727 728 729 730 731 732 733 734 735 736 737 738 739 740 741 742 743 744 745 746 747 748 749 750 751 752 753 754 755 756 757 758 759 760 761 762 763 764

CUSTOMERS IGWE NIXON NDUBUISI IGWE MICHAEL UDOYE AMAKA DIKE OKAFOR BONIFACE ONYEKA UDENSI PRISCA OBIOMA DURU CHIKA MARYANNE OGUNSANYA R ABEKE ALABI-AJIBADE ORIVRI AGNES KIKANWA Oguadinma Nchedo Patience AGBOWO IFEANYI JOHN EDWARD IFEOMA EUNICE EMINA JOSEPHINE OKUNRIBIDO O. OLUFUNMILAYO ELELUWOR IDONGESIT ESTHER ADEBAJO ADELEKE BAMIDELE TAIWO LUKMAN AKINOLA OKOYE ROSEMARY NGOZI EKPO LILIAN OKIEMUTE IKUOMOLA AYO ASANAUSUNG EPHRAIM ENOFIOK BOWEI MATHEW GODFREY ODUBOTE SHOMEFUN OMOWUNMI IWORIMA PROMISE TAMUNO JOSEPH EDIGBE STEPHEN A. OBINNA PADDY JOSEOH ADENIRAN OLAJIDE OLANREWAJU MORNU NGOZI ELLEN KAREN OSONDU IJEOMA AGBOH RUFAI IBRAHIM ABBA ABBA ABDU AHMED AHMADU AUWALU ABUBAKAR BABA TASIU MUSBAHU UMMI LAWAL UMAR ABDULLAHI, HALIMA ADAMU ISAH ABBATI USMAN IBIFIRI CLARENCE BOBMANUEL ONYEKONWU OBI MICHAEL ORORHO PATIENCE TESHOMA ADEGOJU WAHAB ADEMOLA ANAEKWE SYLVESTER CHIDI AGADA ESI IDOWU SALAMATU IBRAHIM ENE NEVIC ADEREMI AWOBIYE VICTOR OLADAPO CHUKELU OKEY CHRISTOPHER CHUKELU IZUCHKWU CHARLES OBASI EJOH FABIAN IRUENE ELFRIDA OKORIKA ODUBOR OMOYEMWENSE M NDUKUBA JOVITA OBIAGERI ELUKA GEORGE CHUKWUNONSO OBI CHARITY EKENE IBEKWE CHRISTIAN EJIKE MADUAKO SUNDAY DAVIS UKIM OKON EDEM OKORIE ADAMMA RITA AKINYELE PRECIOUS SHILEOLA BALOGUN OLAWOLE ADELAJA OKE ADEKUNLE ADESESAN FESTUS ONYEKA ODENIGBO OBADA JEROME ADEKUNLE ANOZIE NNAEMEKA PETER OLADELE KUDIRAT OMOLOLA LAWAL KEHINDE ISHOLA OMIDOSU YINKA SEYI UDUMA KALU AGWU IJOMA GLADYS AHIAZUNWA AGAJELU SAMMY IZUNDU ONUOHA CHINWENDU HAROLD MBA CHIBUIKE TOMOTHY UNAISA GAMBO ADAMU USMAN ABDULLAHI BABA BINTA YAHAYA USMAN ADAMU SANI AHMAD ABBA ZAINAB AHMAD AMINU SANI SANI DANJUMA NAYAYA IBRAHIM BABALE SULEY TEMILOLA OLUWAGBEMISOLA IKOLO OLAYINKA KAMORU ADEYEMI RUKAJAT OLAMIDE KAZEEM AMINU AKIN IGWE IFEANYI MARTIN ISAKA SABIU GEORGE AMADIN UHUNOMA DALHATU MUSTAPHA BORNOMA IBRAHIM DAHIRU OKERE VALENTINE UKACHUKWU CHUKWUMA DAVID CHIKA ANDREW BASSEY UBONG SHIJA KAZACHIANG CORNELIUS KURE IBRAHIM ABDULLAHI METU CHUKWUDI CHRISTIAN VICTORY DANIEL NNAMDI ANYANWU VICTOR ONYEKACHI SOLAGBADE TITILAYO ABOSEDE OLAWUYI SEGUN SEUN SHERIFAT AMOKE USMAN ONAJOBI FLORENCE OLABISI RUKAYAT ABIMBOLA AZEEZ AKINSINDE AJIBOLA DIMKPA DAISY INYINGI ONYEARUGHA EZINNE CHIDINMA OSUCHUKWU IKECHUKWU DANIEL OKEKE IFEANYI EMMANUEL OGBONNAYA NWANNEDIYA NGOZI IJERE PRINCE KALU OGWO KOLADE BOLADALE OLABODE KEHINDE OLUGBENGA SOWALE JEMILAT ADELARIN SOWALE LIGALI BABASOLA MUSA AL-AMEEN SHOLA AYEDEBINU OLUSOJI EMMANUEL UGBESIA PAUL AGUELE BELLO THEODORA OLUFUNKE GENTY ABDUL LATIF REMILEKUN ADEJUMO BASHIR AKINOLA AKE DENNIS IFFIYEOSUO AIGBE OHI JULIE KELVIN O. OKPODU UZOMBA IKENNA GODSON HABU IBRAHIM EL-YAKUBU MUNIR MUHAMMAD RABI IMAM AHMAD OLATUNJI ABOYEDE JANET MUDASIRU MARIA OGHOGHO ANYANWU SAMUEL UDOCHUKWU CHIBUEZE OGONNA EZINWANNEAMAKA

AMOUNT (US$) 4,000.00 5,000.00 4,000.00 4,000.00 4,000.00 5,000.00 4,000.00 4,000.00 4,000.00 3,700.00 4,000.00 4,000.00 413.98 3,916.11 2,244.00 2,787.00 3,981.60 666.44 3,065.64 1,332.89 934.00 4,000.00 4,000.00 4,000.00 1,500.00 4,000.00 4,000.00 4,600.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 5,000.00 4,000.00 4,000.00 4,000.00 4,000.00 1,100.00 4,000.00 4,000.00 5,000.00 5,000.00 1,500.00 4,000.00 500.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 3,600.00 4,000.00 1,000.00 1,400.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 800.00 1,500.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 1,500.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 1,250.00 4,000.00 4,000.00 1,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 650.00 4,000.00 4,000.00 4,000.00 5,000.00 5,000.00 3,000.00 4,000.00 5,000.00 5,000.00 4,000.00 4,000.00 4,000.00 1,000.00 4,000.00 4,000.00 2,900.00 2,500.00 4,000.00 5,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 500.00 5,000.00

PURPOSE PTA BTA PTA PTA PTA BTA PTA PTA PTA PTA BTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA BTA PTA PTA PTA PTA PTA PTA PTA BTA PTA PTA PTA PTA PTA PTA PTA BTA BTA BTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA BTA BTA PTA PTA PTA PTA PTA PTA PTA PTA PTA BTA PTA PTA PTA PTA PTA PTA BTA

DATE 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 10-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17

S/N 765 766 767 768 769 770 771 772 773 774 775 776 777 778 779 780 781 782 783 784 785 786 787 788 789 790 791 792 793 794 795 796 797 798 799 800 801 802 803 804 805 806 807 808 809 810 811 812 813 814 815 816 817 818 819 820 821 822 823 824 825 826 827 828 829 830 831 832 833 834 835 836 837 838 839 840 841 842 843 844 845 846 847 848 849 850 851 852 853 854 855 856 857 858 859 860 861 862 863 864 865 866 867 868 869 870 871 872 873 874 875 876 877 878 879 880 881 882 883 884 885 886 887 888 889 890

CUSTOMERS RAHAMA IBRAHIM MUHAMMAD SAFIYA MUHAMMAD USMAN ALI NAYAYA ZANGO AISHA NAMADI KULO AMINU NAMADI KULO SULEIMAN MUHAMMED BELLO SUNUSI NAMADI KULO IBRAHIM ABDULLAHI ISHAKA ABDULAZIZ YUSUF BARGONI NALAMI YAHAYA IDRIS ABUBAKAR INUWA GALADIMA SADIYA INUWA EBO DAVIS EMEKA FAARI BOLATITO JAMIU EZEODUNWA TOCHUKWU EMMANUEL ONOKUAH TEMITAYO TAWAKALITU AKAGBOSU OMOBOLA MOYOSORE AKAGBOSU EMILY ILOBEKEME MALACHY NNAMDI FRANCISCA ODUKOYA RICHARD OLUWASESAN MARTIN CHUKWUEMEKA OKOYE DHL CHIMEZIE COLLINS FESTUS EJEZIE NNAGBO CHUKWUDI BETRAND IKPENWA OSONDU P IKPENWA NNAEMEKA REX EKWUNOH PATRICIA RAMOTU ASHABI OKUNNU ZAWIYYA SADIK TIJJANI YUNUS ABDULLAHI TIJJANI DANTATA UBAIDULLAH BABA ABDULRAZAK TASIU LAWAN BILKISU ADAMU MUSA BINTA ATTAT ABEDNEGO YOHANNA ADELAJA OYINLOLA YETUNDE KOLA AMODU GRACE ABIODUN KOLA AMODU ABRAHAM ISHOLA HARUNA ALI IBRAHIM ABDULLAHI YUSUF SALE ADAMU ADAMU UMAR ABUBAKAR ABDULLAHI ABUBAKAR MARYAM KABIR SHUA'IBU MUKTAR HADIZA SARINA YUNUSA LUBABATU LAWAN YAHAYA ABDULLAHI AHMAD MUSTAPHA JAMILU ABDULMUDALLAB ADAM USMAN ISA BASHIR BABA SAIDU ISAH NASIDI JIBRIN ADO SHEHU ADAM HAUWAU ABUBAKAR HALIRU ISYAKU MOHAMMAD MUKTAR GORA AMINAH TRADING ENTERPRISE SAAD ALI MUSA SALIHU IBRAHIM YUSUF MUKHTAR NAZIRU MUSA HADIZA SHUIBU MUHAMMAD MUHAMMAD AISHA NASIRU MUHAMMAD BARIRA MUHAMMAD OKECHUKWU UJU MARYSTEPHANIE MUHAMMAD FATIMA ADAM AKORO DAVID EKE ROBINSON OKECHUKWU EGWUOGU ALPHONSUS HARUNA HAUWA GADZAMA GRACE ODUAGU OJI ONALO ABISI AGNES OKENWA-ONU CHIZOSAM R OKAGUA JOYCE DENNIS TELE ONU TITI PAULINE FALOWO ABIOLA QUEEN IBIDOJA OLAYINKA ADEBOWAQLE EKELE MONICA OLOWOLAGBA OLUWASAYO S MERO-ASAGBA ORODE MERO-ASAGBA LAJU BAMISEBI OLUWAFUNMIBI ADESHOLA GEORGINA EKEOMA EHURIAH MABEL EKUKINAM-BASSEY EDU OLUSEYI ANN DR.NZELU CHARLES E.I ENOCH O. ROSE IDRIS BAWA SULEIMAN IMOKO ORERE MICHAIAH ANSELM OSHIOKENOYA ALOKHA DAWODU OLAYINKA OLUBUNMI IHEAKARAM MUSA ANYA PIUS JOSEF IDRIS ABUBAKAR ABDULKARIM OKEMUO ARINZE BONAVENTURE MAMI BILLY OLAORE OLAJIDE MICHAEL GRIFFIN BEATRICE E OKONKWO CHINEDU AIGBOVIA SCOT OSAYAMEN ADEOJO SAMSON YINKA AYO OMOLADE ADEOLA FETUGA KAFAYAT ABOSEDE DUROTI ABIOLA AHMEED LAWAL AZEEZ OLATEJU AGBEBAKU GODFREY UABOI ADANRI OLUFUNMILAYO O OBIMAKINDE FRANCISCA ADERONKE EGEDI GLORY EMERERU OKOYENKPU LAWRENCE IKENNA OHANENYE JENNIFER AKUDO Eme Markson Kalu EGBOKA IFEOMA CAROLYN SALAMI MUDASIRU ADEBAYO OKEREKE NKEOMA STELLA AJAYI SARAH JUMMAI REV MONDAY OGBETA OLATUNJI OLAKOLE EMMANUEL NWOKOYE ALATISE KOLAWOLE YISA MUNIRU ALONGE OLANIYI AJIBOYE ABIMBOLA RICHARD AJIBOYE OLUWAFUNMILAYO ENIOLORUNDA OMOYEMI ANIJEKWU OBIAGELI PRISCA ONUOHA CHIJIOKE MATTHEW ODEBODE OLUGBENGA TIMOTHY

AMOUNT (US$) 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 5,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 5,000.00 4,000.00 4,000.00 1,000,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 2,500.00 3,998.67 3,998.67 493.17 3,879.31 3,344.24 936.39 3,986.32 3,986.32 2,675.40 8,026.20 4,967.89 9,819.86 2,000.00 1,105.00 4,736.84 2,800.00 8,000.00 4,000.00 4,000.00 3,500.00 4,000.00 4,000.00 4,000.00 4,000.00 500.00 4,000.00 4,000.00 1,600.00 3,900.00 5,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 3,190.00 4,000.00 4,000.00 5,000.00 4,000.00 1,000.00 4,000.00 4,000.00 4,000.00 4,000.00 5,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 1,400.00 4,000.00 2,000.00

PURPOSE PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA BTA PTA PTA PTA PTA PTA BTA PTA PTA COURIER SERVICE PAYMENT PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA BTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA BTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA SCHOOL FEES SCHOOL FEES ACCOMMODATION FEES SCHOOL FEES SCHOOL FEES SCHOOL FEES SCHOOL FEES SCHOOL FEES SCHOOL FEES PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA BTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA

RATE 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 390.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00 360.00

DATE 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 11-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17

S/N 891 892 893 894 895 896 897 898 899 900 901 902 903 904 905 906 907 908 909 910 911 912 913 914 915 916 917 918 919 920 921 922 923 924 925 926 927 928 929 930 931 932 933 934 935 936 937 938 939 940 941 942 943 944 945 946 947 948 949 950 951 952 953 954 955 956 957 958 959 960 961 962 963 964 965 966 967 968 969 970 971 972 973 974 975 976 977 978 979 980 981 982 983 984 985 986 987 988 989 990 991 992 993 994 995 996 997 998 999 1000 1001 1002 1003 1004 1005 1006 1007

CUSTOMERS NWANERI HARRIETH IKE KEMKA CHRISTAIN AGOLUM TOCHUKWU MICHAEL ADELUSI HELEN UKWUOMAH STANLEY UMENZE JAMES NGOZI OLABODE OLUKEMI OKOLO INNOCENT ANAYO AMULUCHE SIMEON CHUKWUMA MAIMUNA TANKO ALMAKURA FALAIYE ADEBANJO OLUMUYIWA NONGO NGUEREN ONUORAH SANDRA CHINENYE ADEJOLU ADEKUNLE TEMITOPE OLUWOLE ADEKUNLE ODUM BILI ANDREW LAWSON CALVIN DAMILOLA LATE ABDULLAHI KHASIM SHUAIBU OGBUNDE BASIL CHUKWUEBUKA NICHEAL ENYIOMA IROEGBU KAFAYAT FEHINTOLA OLUWA TEIDI PATRICIA OGHALE BALOGUN YEMI ADEROJU SOLOMON KAYODE IBEDU NONYE KATE SANDABE ASHE KYARI SHITTU MUFUTAU AYODELE SA AD MAIFADA ABDULBASID ONYEGBUNWA ABIEYUWA VERO AYOOLA MONSURU ADEWALE ALIYU MUSA DOGONDAJI NWONYE ADLINE ULOMA ODUKUNLE ADEDAPO OMOLOLU UGHANZE NONYE BENEDICTA ABDUSSALAM LAWAN BAKO HABIB TIJJANI SAAD MARIYA AMINU HARUNA MARYAM HARUNA AMINU NADIYA SHARIF NAFIU ABDULLAHI ADAMU AUWALU AISHA DAYYABU LAWAN BAKO AGOHA DAVID CHIMAOBI UMEH CHUKWUEMEKA SAMUEL EBUTE VICTOR ABU AMACHREE IBIATELI GLORIA UMOH, BASSEY JAMES OHUAKANWA EUSTACE UZO ONYEWUTO NOEL UCHECHI OFFIAH OLUCHUKWU PAUL OYEGBILE ALFRED AKINOLA CHUKWUMAEZE SAMUEL CHUKWUJIEKU ADAMU WAKILI HASSAN ADAMU INNA HAUWA HASSAN OBIABUCHI RICHARD IGBO ONYEBUCHI SYLVESTER CHIDOZIE ASEMOTA MARTIN IDEMUDIA EZE DARLINGTON AMAECHI AHMED ABDULKAREEM KOLAWOLE YEMISI REMI EKE EMMANUEL ONYEKACHI SANUSI AYODELE LATEEF UGBESIA HECTOR EHIKHAMHEN OGUNSIPE ADEOLA OLAJUMOKE YESIDE ALIMOTU LAWAL OKAFOR NJIDEKA WINIFRED OGUNMOLA OLAWANDE ADELEYE AROWOLO ABIGAIL OLUWAYEMISI AKINTADE OLUWATOYIN ADEOYE FAOSAT ADERONKE ONYEKWELI OSARUGUE VIVIAN OJO KAZEEM ABAYOMI IYAYI HAYATU IBRAHIM BINTA A NUHU NNANEME CHIBUIKE CHRISTIAN VICTOR-HALLIDAY ASI HENRIETTA ASONYE OBIAGELI MARIA KATIKA HASSAN DAHIRU HALIMATU KASSIM AMINU KHAIRIYYA SANI AMINU ABDULKADIR SHARFADI DANJU AMINU MUHAMMAD FATIMA HASSANA YUSUF IBRAHIM AMINU YAHAYA WADA YAHAYA HARUNA SADI BAKO LAWAN MUHAMMAD ABDULLAHI ABDULRASHID NASID MOHAMMED BINTA IDRIS MAITAMA YUSUF MUHAMMAD SALAMATU ADO DANDAWAKI BELLO SUNUSI NASIR IBRAHIM IBRAHIM YUSUF MUBARAK ENOTIEMONRIA ONOKUEKHIA ANNA OKAFOR PAMELA CHINAEOLUM AJAYI MICHAEL ADEBAYO IBRAHIM OLUFUNMILAYO HAFSAT YESIDE ALIMOTU LAWAL BELLO AHMADAL RUFAI ODUKALE ABIODUN OLATOKUNBO ODUKALE DALAPO ABIODUN ODUKALE ENIOLA OLUMAYOWA ADETIFA FELICIA ADEWUNMI SINGH HIMENDRA EDEM NSEOBONG SAMUEL ONWARD STATIONERY STORES LTD KOLAWOLE PETER KEHINDE AHUMIBE RAYMOND K INAM SAMUEL BASSEY ENGR. GODWIN ENOYOZE ODIASE PAUL BENSON TIMOTHY AFOLABI & SADE BABATUNDE ALFRED EBAMI YUSUF UMAR WUSHISHI YILJEP SARAH YOHANNA OKUNOLA BENJAMIN BABALOLA OGOCHUKWU P NNADOZIE ELEMUO SOMOTEX

AMOUNT (US$) 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 2,500.00 4,000.00 4,000.00 3,150.00 4,000.00 4,000.00 4,000.00 5,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 3,000.00 4,000.00 4,000.00 1,000.00 2,800.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 3,610.00 5,000.00 1,200.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 5,000.00 5,000.00 3,000.00 4,000.00 600.00 5,000.00 4,000.00 5,000.00 4,000.00 4,000.00 4,000.00 4,000.00 1,000.00 5,000.00 4,000.00 4,000.00 3,900.00 4,000.00 4,000.00 5,000.00 4,000.00 4,000.00 5,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 3,998.67 2,315.88 3,998.67 2,667.78 3,935.01 4,999.00 4,999.00 4,999.00 4,000.00 8,865.60 1,483.30 32,587.18 1,108.90 3,324.00 12,643.32 1,863.75 3,447.40 6,432.80 9,493.00 1,250.00 3,000.00 4,837.30 4,510.00 4,200.00

PURPOSE PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA BTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA BTA PTA PTA PTA PTA PTA PTA PTA PTA BTA BTA PTA BTA PTA B.T.A P.T.A BTA PTA PTA PTA PTA PTA BTA PTA PTA PTA PTA PTA BTA PTA PTA BTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA BTA BTA BTA PTA SCHOOL FEES SCHOOL FEES MEDICAL FEES LIVING EXPENSE SCHOOL FEES SCHOOL FEES SCHOOL FEES SCHOOL FEES SCHOOL FEES SCHOOL FEES SCHOOL FEES SCHOOL FEES SCHOOL FEES SCHOOL FEES MIDEA REFRIGERATOR IN CKD FORM

DATE 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 12-May-17 8-May-17

SOURCES OF FOREIGN EXCHANGE AS AT 12TH OF MAY 2017 S/N

SOURCE

AMOUNT (US$)

RATE DATE

INTERBANK

200,000.00

305.90 9-May-17

INTERBANK

50,000.00

305.95 9-May-17

INTERBANK

50,000.00

305.85 10-May-17

INTERBANK

200,000.00

305.85 11-May-17

S/N

SOURCE

S/N

SOURCE

AUTONOMOUS

433,000.00

385.00 12-May-17

109

IMTO

AUTONOMOUS

746.92

310.00 11-May-17

110

AUTONOMOUS

287.06

310.00 11-May-17

111

AUTONOMOUS

250.00

310.00 11-May-17

112

AMOUNT (US$)

RATE DATE

AMOUNT (US$)

RATE DATE

175,110.06

355.11 11-May-17

IMTO

2,000.09

355.13 11-May-17

IMTO

265,445.95

355.00 11-May-17

IMTO

2,697.17

354.62 11-May-17

IMTO

185,079.02

355.03 12-May-17

INTERBANK

305.85 12-May-17

AUTONOMOUS

1,181.00

310.00 11-May-17

113

AUTONOMOUS

185.40

310.00 8-May-17

AUTONOMOUS

1,580.00

310.00 11-May-17

114

IMTO

2,061.05

355.07 12-May-17

AUTONOMOUS

8,000.00

310.00 8-May-17

AUTONOMOUS

914.51

310.00 11-May-17

115

IMTO

281,736.95

355.00 12-May-17

AUTONOMOUS

3,762.60

310.00 8-May-17

116

IMTO

2,931.66

354.66 12-May-17

AUTONOMOUS

126.13

310.00 8-May-17

117

AUTONOMOUS

507.68

310.00 8-May-17

AUTONOMOUS

869.00

310.00 8-May-17

118

AUTONOMOUS

1,278.40

310.00 9-May-17

AUTONOMOUS

47.48

310.00 8-May-17

119

AUTONOMOUS

76.70

310.00 9-May-17

AUTONOMOUS

30.00

310.00 8-May-17

120

AUTONOMOUS

1,279.20

310.00 11-May-17

AUTONOMOUS

605.72

310.00 8-May-17

121

AUTONOMOUS

131.53

310.00 11-May-17

AUTONOMOUS

1,987.00

310.00 8-May-17

122

AUTONOMOUS

892.85

310.00 12-May-17

123

AUTONOMOUS

1,079.60

310.00 8-May-17

124

AUTONOMOUS

75.57

310.00 8-May-17

125

AUTONOMOUS

107.96

310.00 8-May-17

126

AUTONOMOUS

539.80

310.00 8-May-17

127

AUTONOMOUS

3,238.80

310.00 8-May-17

128

AUTONOMOUS

2,312.27

310.00 8-May-17

129

AUTONOMOUS

2,312.27

310.00 8-May-17

130

AUTONOMOUS

2,478.06

310.00 8-May-17

131

AUTONOMOUS

3,735.88

310.00 8-May-17

132

AUTONOMOUS

22,205.28

310.00 8-May-17

133

AUTONOMOUS

810.25

310.00 9-May-17

134

AUTONOMOUS

108.27

310.00 9-May-17

135

AUTONOMOUS

5,088.06

310.00 10-May-17

136

AUTONOMOUS

380.69

310.00 10-May-17

137

AUTONOMOUS

114,245.97

310.00 10-May-17

138

AUTONOMOUS

107.05

310.00 11-May-17

139

AUTONOMOUS

406.79

310.00 12-May-17

140

AUTONOMOUS

106.91

310.00 12-May-17

141

CBN - SME INTERVENTION 5

200,000.00

AUTONOMOUS

79.85

310.00 11-May-17

AUTONOMOUS

393.26

310.00 11-May-17

AUTONOMOUS

35.00

310.00 11-May-17

AUTONOMOUS

118.19

310.00 11-May-17

AUTONOMOUS

745.00

310.00 11-May-17

AUTONOMOUS

7,590.00

310.00 11-May-17

AUTONOMOUS

7,141.94

310.00 11-May-17

AUTONOMOUS

200.00

310.00 8-May-17

AUTONOMOUS

2,702.29

310.00 11-May-17

AUTONOMOUS

853.12

310.00 8-May-17

AUTONOMOUS

10,000.00

310.00 11-May-17

AUTONOMOUS

1,035.59

310.00 8-May-17

AUTONOMOUS

543,668.47

310.00 11-May-17

AUTONOMOUS

2,965.00

310.00 8-May-17

AUTONOMOUS

60,000.00

310.00 11-May-17

AUTONOMOUS

4,448.24

197.50 8-May-17

AUTONOMOUS

35,500.00

310.00 12-May-17

AUTONOMOUS

11,298.00

314.50 8-May-17

AUTONOMOUS

1,470.00

310.00 12-May-17

AUTONOMOUS

338.24

199.50 8-May-17

AUTONOMOUS

2,100.00

310.00 12-May-17

AUTONOMOUS

231,669.39

310.00 8-May-17

AUTONOMOUS

487.50

310.00 12-May-17

AUTONOMOUS

30.58

310.00 9-May-17

AUTONOMOUS

55.00

310.00 12-May-17

AUTONOMOUS

15,482.00

310.00 9-May-17

AUTONOMOUS

370.00

310.00 12-May-17

AUTONOMOUS

258.54

310.00 9-May-17

AUTONOMOUS

230.00

310.00 12-May-17

AUTONOMOUS

480.00

310.00 9-May-17

AUTONOMOUS

99.04

310.00 12-May-17

AUTONOMOUS

800.00

310.00 9-May-17

CBN - I AND E SCHEME

AUTONOMOUS

345.27

310.00 9-May-17

AUTONOMOUS

1,000.00

310.00 12-May-17

AUTONOMOUS

89.49

310.00 9-May-17

AUTONOMOUS

90.50

310.00 12-May-17

1,000,000.00

389.00 8-May-17

AUTONOMOUS

2,427.20

310.00 9-May-17

AUTONOMOUS

161.04

310.00 12-May-17

AUTONOMOUS

280.00

310.00 9-May-17

AUTONOMOUS

1,169.00

310.00 12-May-17

AUTONOMOUS

4,812.87

310.00 9-May-17

AUTONOMOUS

1,500.00

310.00 12-May-17

AUTONOMOUS

2,675.00

310.00 9-May-17

AUTONOMOUS

255.00

310.00 12-May-17

AUTONOMOUS

1,275.00

310.00 9-May-17

AUTONOMOUS

300.00

310.00 12-May-17

AUTONOMOUS

1,650.00

310.00 9-May-17

AUTONOMOUS

935.81

310.00 12-May-17

AUTONOMOUS

115.00

310.00 9-May-17

AUTONOMOUS

500.00

305.60 12-May-17

AUTONOMOUS

1,140.29

310.00 9-May-17

CBN

AUTONOMOUS

4,200.00

370.00 8-May-17

AUTONOMOUS

120.29

310.00 12-May-17

AUTONOMOUS

483,870.97

310.00 9-May-17

AUTONOMOUS

62,000.00

314.00 12-May-17

AUTONOMOUS

4,495.00

310.00 10-May-17

AUTONOMOUS

20,000.00

AUTONOMOUS

1,700.00

310.00 10-May-17

AUTONOMOUS

16,129.03

310.00 12-May-17

AUTONOMOUS

3,180.00

310.00 10-May-17

AUTONOMOUS

52,989.00

310.00 12-May-17

CBN - I AND E SCHEME

1,000,000.00

389.00 11-May-17

IMTO

234,761.79

355.00 8-May-17

AUTONOMOUS

620.00

310.00 10-May-17

IMTO

2,526.85

355.00 8-May-17

AUTONOMOUS

49.60

310.00 10-May-17

IMTO

351,679.67

355.00 8-May-17

AUTONOMOUS

1,482.00

310.00 10-May-17

100

IMTO

3,709.38

354.64 8-May-17

AUTONOMOUS

102.56

310.00 10-May-17

101

IMTO

202,955.65

355.05 9-May-17

AUTONOMOUS

64.59

310.00 10-May-17

102

IMTO

2,304.10

355.03 9-May-17

AUTONOMOUS

165.00

310.00 10-May-17

103

IMTO

336,261.56

355.00 9-May-17

AUTONOMOUS

20,000.00

310.00 10-May-17

104

IMTO

3,528.11

354.63 9-May-17

AUTONOMOUS

350.00

310.00 11-May-17

105

IMTO

251,638.40

355.00 10-May-17

AUTONOMOUS

551.80

310.00 11-May-17

106

IMTO

2,906.26

355.00 10-May-17

AUTONOMOUS

28.00

310.00 11-May-17

107

IMTO

418,295.86

355.00 10-May-17

AUTONOMOUS

1,170.00

310.00 11-May-17

108

IMTO

4,684.92

354.64 10-May-17

www.ubagroup.com

3,000,000.00

357.00 8-May-17

357.00 9-May-17

310.00 12-May-17

Africaâ&#x20AC;&#x2122;s global bank

T H I S D AY THURSDAY MAY 18, 2017

THURSDAY, MAY 18, 2017• T H I S D AY

NEWSXTRA

Tinubu Berates FG for Running Nigeria Like Unitary System Insists on true federalism, state police, right of states to distribute electricity Olawale Ajimotokan in Abuja The National Leader of the All Progressives Congress (APC), Senator Bola Ahmed Tinubu, has expressed disappointment with the federal system of government presently being operated in the country. He said the federal system of government in the country is like a unitary system. Delivering the keynote address titled: ‘Building the Future by Respecting the Past,’ at the Daily Times 91st Award Night in Abuja on Tuesday, Tinubu, who was represented by Osun State Governor, Rauf Aregbesola, said Nigeria cannot flourish under the present structure which confers too much power to the federal government, insisting on the need for the devolution of more resources and power to the 36 states. Tinubu, who governed Lagos State from 1999 to 2007, and challenged several of federal government’s decisions in court, notably the creation of 37 additional local government areas, said he was opposed to “federalism operated as a unitary monster.’’ According to him, “The federal government is taking on too much. We can’t flourish with the over concentration of power in the centre. Some of the 68 items on the exclusive federal list should be transferred to a residual federal list as it was in most of our several constitutions.’’ He premised his argument on the 1963 Constitution that conceded extensive powers to the regions because of their closeness to the people,

a development that enabled them to carry out immense responsibility as they deemed. In a no- holds-barred remarks, the APC chief insisted that items such the police, prisons, stamp duties, taxation of incomes, regulation of tourist traffic, registration of businesses, incorporation of business and companies, censors and traffic on federal trunk road passing through state, among others, that are transferred from the concurrent to the exclusive list, should be treated as state matters. He similarly noted that the chronic problem of nationwide lack of electricity would be resolved if the states are allowed to generate, transmit and distribute electricity to areas not covered by the national grid, in addition to authority to issue certificate of occupancy for electricity power lines. “It is not right to say states can generate power but can’t sell it where they want. Without yielding any contravening benefits, this policy suppresses the regeneration of needed power, instead of enhancing it.’’ He also criticised government’s monetary policy of seeking fiscal stimulus to energise the economy. According to him, the efforts in that regard are too modest and should have taken additional steps to increase the fiscal space available to public and private sectors, given the situation that confronts the nation. Tinubu said he endorsed the analysis of the governors that the current interest rate level would create pseudo growth by making by borrowing for long-term investments too costly. “The monetary authorities appear to be more concerned

Senate C’ttee Summons CBN, FIRS, NNPC over Alleged $5bn Fraud by Chevron Damilola Oyedele in Abuja The Senate Committee investigating allegations of fraud amounting to about $5 billion by Chevron Nigeria Limited has summoned officials of the Central Bank of Nigeria (CBN), Federal Inland Revenue Service (IFRS), National Petroleum Investment Management Services (NAPIMS) and the Nigerian National Petroleum Corporation (NNPC). Also expected to appear before the committee are officials of Chevron to defend the allegations against the company. Speaking at the inauguration ceremony of the committee yesterday, the Chairman, Senator Magnus Abe, gave the assurance that all those concerned would be granted their rights to fair hearing. “We are not coming to investigative hearing with any pre-judgment, the truth must be uncovered. I can assure you that we will be fair, thorough and quick in our assignment,’ he said.

Inaugurating the committee, Minority Leader, Senator Godswill Akpabio, urged the committee members to be independent and fair to all. Dr. George Uboh of the Panic Alert Security System (PASS) had petitioned the Senate in 2015, alleging that between 2001-2002, Chevron evaded tax to the tune of over $343 million through over bloating of its operational costs under Petroleum Profit Tax, using Carry Agreement with NNPC as a cover when such agreement never existed with the company. He levelled other allegations of fraud against the oil multinational, all amounting to $4,926,464,100. Uboh had however written to the Senate Committee on Ethics, Privileges and Public Petitions, demanding to withdraw the petition. The Senate, last week declined the request for the withdrawal of the petition, and resolved to conduct further investigations into the allegations.

with battling inflation than in ensuring growth. However, the nature of our inflation is mainly cost driven, beyond purvey of interest rate policy to contain. Instead of surrendering growth to curb inflation, current policy sacrifices both. “Also, the varying exchange rates distort the economy and monetary signal. The fast rate differentials prepare grounds for currency arbiter and speculator, meaning two much money will chase rental opportunity

in the financial market, instead of being ploughed into the vital investments to create jobs and provide equipment for the production of actual job,’’ Tinubu said. He called for the withdrawal from self-imposed polarisation of the fiscal space and running the economy under an implicit dollar standard that was abandoned globally 40 years ago, saying that instead of the out model mechanism, the Central Bank of Nigeria (CBN) should base

Nigeria’s budgetary calculation on the quantity of naira required to foster the highest growth possible. He also warned government that imminent exit from recession is not a call for celebration as the end of recession does not imply the beginning of prosperity, adding that the country must redefine or forfeit forever or the right of way to a better future as it is deceitful to assume that oil prices will rebound to all high boom of over $100 per barrel. Tinubu offered suggestions

on how to revive the nation’s political economy in a way that will respond to the need of long neglected Nigerians made to suffer the ‘’excruciating dividends of mercenary system.’’ He proffered for agricultural reforms that will increase farm productivity, provision of power and infrastructure in addition to a national industrial policy that will allow the urban population attain prosperity.

Ex-AGF, Olujimi Accuses FG of Frustrating Dasuki’s Trial DSS again refuses to produce former NSA in court Former Attorney General of the Federation and Minister of Justice, Chief Akin Olujimi (SAN), has accused the federal government of frustrating the trial of former National Security Adviser, Colonel Sambo Dasuki (rtd) in a charge of moneylaundering it brought against him. Olujimi told an FCT High Court that it was irritating for government to have persistently and consistently refused to produce Dasuki in court to face in the criminal charges against him even when the ex-NSA is in the custody of the Department of the State Services (DSS) in flagrant disobedience to the bails granted him by several courts. Since 2015, when Dasuki was arraigned before different high courts, he has been granted bail by Justice Adeniyi Ademola and Justice Ahmed Rahmat Mohammed of the Federal High Court as well as Justice Peter Affen and Justice Hussein Baba-Yusuf of the FCT High Courts. The ECOWAS Court had also in a judgment ordered the federal government to release him immediately from the unlawful custody and imposed a fine of N15,000,000 on the government but up till now, all the judgments have not been obeyed. The outburst of the former AGF yesterday at resumed hearing was provoked by the failure of the government for the second time in one week to produce Dasuki in court to enable him to defend himself. The senior counsel said the defence of government that their inability to produce Dasuki in court for trial was an oversight is not acceptable and not tenable because the government having taking custody of Dasuki in spite of the bail granted him by four judges, ought to have created records on the date the defendant are to be brought to court to defend himself in the charges against him and in the interest of justice. At the resumed hearing, counsel to the federal government, Mr. Rotimi Jacobs (SAN), had recalled before Justice Hussein Baba-Yusuf that Dasuki was not produced in court on

Tuesday and that yesterday, he was not brought to court by those taking his custody. Jacobs told the judge that he has made several attempts to reach the authority of the Economic and Financial Crimes Commission (EFCC) to liaise with the authority of the DSS to produce the ex-NSA in court. The senior counsel said the

only response he received after the EFCC had linked up with DSS was that the defendant (Dasuki) would not be brought to court. The prosecution counsel apologised to the court on the development and requested Justice Baba Yusuf to grant him an adjournment so as to get

his defendant in court. Counsel to Dasuki, Mr. Joseph Daudu, who expressed shock over the development, expressed sympathy with the prosecution, adding that the inter-agency issues would have being responsible for the refusal of the DSS to bring his client to court.

THURSDAY, MAY 18, 2017• T H I S D AY

NEWSXTRA

Lalong Witnesses Defection of PDP Member to APC Dogara urges aggrieved members to seek legal redress as minority leader kicks assembly with 18 lawmakers James Emejo in Abuja Citing division within the Peoples Democratic Party (PDP), a member of the House of Representatives on the platform of the party representing Jos South/ Jos East Federal constituency of Plateau State, Hon. Edward Pwajok, yesterday defected to the ruling All Progressives Congress (APC). His defection was witnessed by the Governor of Plateau State, Simon Lalong who was present during plenary on the House floor. It is rare to have a governor grace a defection ceremony. Pwajok’s defection also came barely two months after another member of the House, Saleh Hassan who was elected on the platform of the PDP from Benue State defected to the APC. Pwajok’s defection was announced at plenary by Speaker of the House, Hon. Yakubu Dogara. He cited divisions and irreconcilable differences in the PDP as his reason for leaving the party. He said the party is currently divided from the national level to the ward level in his state following divisions between the factions in the national leadership.

He said the PDP was irreparably damaged, adding that its present woes were largely self-inflicted following the admission of Ali Modu Sheriff into the party against opposition from concerned members. He said even one of PDP factional leaders, Ahmed Markafi had recently advised members to defect to other parties, adding that it had become a source of worry going by such admonition by supposedly top official of the party. He said: “I am left with no option but to appraise my membership of the party and go along with my constituents... “I hereby renounce my membership of the PDP and after due consultation with my constituents, I have decided to join the APC with effect from today.” However, shortly after his defection was announced, Pwajok proceeded to the Speaker who congratulated him. He was also received with warm embrace by the Majority Leader of the House, Hon. Femi Gbajabiamila (APC, Lagos) before proceeding into the waiting hands of Lalong, who was earlier welcome into the chamber. But the House Minority Leader,

Hon. Leo Ogor (PDP, Delta), had raised a point of order, urging the speaker to declare Pwajok’s seat vacant. He further argued that the PDP was not divided as claimed by Pwajok and pointed out that Ali Modu Sheriff remained the authentic National Chairman of the PDP. After about 10 minutes of the defection scenario, other PDP members expressed concern that the Speaker had allowed too much time on the item as the House became a bit rowdy- amid jubilation and point of orders

between members of both parties. However, Dogara, on a lighter note, vowed to give an hour for the celebration of any defection from the ruling APC to PDP. Both Dogara and Gbajabiamila however, advised the PDP to proceed to court if they have any grievances to address on the issue. Pwajok later told journalists that as a lawyer, he was ready for any legal action from his former party He said the governor’s presence showed he is held in high esteem and portrayed in positive light as one with valuable asset to meet

APC takes over Ondo

the aspirations of the people of his state. Pwajok’s defection brings the total number of APC members in the House to 227 while the PDP members are reduced to 124. Other parties account for other 10 seats. In a related development, another five members of the Ondo State House of Assembly who were elected on the platform of the PDP yesterday defected to the APC. The defectors are the former Deputy Speaker, Mr. Fatai Olotu, Mr. Akinyele Fasogbon, Mr. Kuti

Towase, Mr. Bimbo Fadoju and Mr. Tuyi Akintimehin. With defection of the five lawmakers, the APC, which at the inauguration of the assembly in 2015 had only five members in the assembly, now has 18 lawmakers and now in the majority. Welcoming the defectors at the event that was held at the International Event Centre, the state Governor , Mr. Rotimi Akeredolu, predicted that the state assembly would soon be totally taken over by the ruling APC.

Customs Agents, Truck Owners Suspend Strike at Ports Eromosele Abiodun Customs agents and truck owners at the nation’s ports have suspended the nationwide industrial action declared three days ago. However, the practitioners gave a fresh 21-day ultimatum to the federal government to address all the issues in contention so as to avert further strike. Representatives of the agents and truck owners met at the Headquarters of the National Association of Government Approved Freight Forwarders (NAGAFF) Apapa, Lagos, yesterday where they signed a statement suspending the strike. According to the statement, the decision to call off the strike was in consideration of the pleas by government representatives and other well-meaning Nigerians that the strike be suspended. By suspending the strike, the aggrieved practitioners said government would be in a position to address issues that led to the strike in the first place. The agents commended the Executive Secretary of Nigerian Shippers’ Council (NSC), Hassan Bello and Managing Director of the Nigerian Ports Authority (NPA), Ms. Hadiza Bala Usman, for their efforts in addressing issues that led to the strike. They also commended the two for their roles in repositioning the total logistics supply chain. ANLCA, NAGAFF and truck

owners association commended their members for supporting the industrial action and for remaining calm while it lasted. They explained that this was for the interest of the national economy and practitioners. The grievances of the agents include bad port access roads, arbitrary charges by shipping companies and terminal operators, highhandedness, impunity, extortion against some officials of the customs and other government agencies. The agents also complained about stoppage and arrest of containers or other goods that had earlier been cleared at the ports by the Federal Operations Unit (FOU) of the customs on the highways. The agents also alleged that customs agents or freight forwarders were suffering unwarranted detention in the hands of customs. Following the strike, the NPA had on Monday offered to repair all the dilapidated ports access roads in Lagos. The Managing Director of NPA, Usman, made the promise after a tour of the port access roads within the Lagos pilotage district with the Executive Secretary of NSC, Bello, accompanied by the top management team of the two agencies. Usman said this was part of the efforts to achieve efficient and cost effective trade facilitation in Lagos ports.

A NIGHT OF HONOURS

L-R: Publisher, Daily Times, Mr. Fidelis Anosike; Nation’s Capital Editor, THISDAY Newspapers, Iyobosa Uwujiaren; and other awardees at the Daily Times 91st year award night in Abuja....yesterday

Ex-Bayelsa PDP Chairman Assassinated in Yenagoa Emmanuel Addeh in Yenagoa A former Chairman of the Peoples Democratic Party (PDP) in Bayelsa State, Mr. Christopher Hobobo, was in the early hours of yesterday assassinated by unidentified gunmen in his home in Biogbolo, Yenagoa, capital of the state. It wasn’t clear the motive behind the killing of Hobobo, who hails from Agbere town

in Sagbama Local Government Area of the state, but THISDAY learnt that nothing was taken away from his house after the operation. The politician was stabbed several times on the chest area bordering the stomach, piercing directly into his vital organs. He was said to have bled to death before help could come. The deceased‘s murder is coming less than one month

after a similar assassination of a Yenagoa-based journalist, Famous Giobaro, who was killed in his house around INEC road in Kpansia area of the state capital. Hobobo’s gate was pulled down by the assailants before gaining access into his sitting room, where they attacked him, just after he left his room to ascertain what was going on in the parlour of his house.

Family, relatives and friends thronged the house of the former Vice Chairman of Bayelsa West senatorial zone, as early as 7a.m. and later invited the police who took away the politician’s remains. The Divisional Police Officer, Ekeki Division, led the team that removed the corpse which was deposited at the Federal Medical Centre, Yenagoa morgue.

Seven out of 10 Nigerians Hypertensive Seven out of every 10 Nigerians are hypertensive, Prof. Modupe Onadeko, a retired Reproductive Medicine consultant at the University College Hospital (UCH) Ibadan, has said. She added that 50 per cent of this seven are unaware of their condition and the remaining half are just not bothered to seek medical help to treat this condition. Onadeko told the News Agency of Nigeria (NAN) in Ibadan in an in on the commemoration of the World Hypertension Day 2017. She said hypertension was a risk factor for Cerebrovascular Accidents (CVA), also called stroke or heart

attack. The consultant said that hypertension as a condition in which the arterial blood pressure raises to high level from the normal level (120/80mmHg). “Hypertension is medical condition called “silent killer,” as it does not show any clear symptoms. “However, severe hypertension shows some symptoms of headaches, sleepiness, palpitation, blurred vision, fatigue, dizziness, confusion and ringing sensation in the ears. “Other symptoms that may manifest are: breathing difficulty and irregular heartbeat which may

lead to coma. “Hypertension is divided into two types; primary or essential hypertension and secondary hypertension, on the basis of its causing factors. “The primary hypertension is a more common type. However, it causes are unknown. ‘’The causes of secondary hypertension, includes kidney damage, adrenal gland over-activity, sleep apnea syndrome, tumours and recreational drugs. “Other causes are pregnancyrelated conditions, over or wrong medications, alcoholic drinks and bad food,” she said.

Onadeko advised that people should do regular blood pressure check and adhere to doctor’s instruction on healthy diets and physical exercise. May 17 of every year is set aside for the celebration of the World Hypertension Day globally. The World Hypertension League (WHL), a health organisation that leads many national hypertension societies worldwide, started the commemoration in 2005. The day is set aside to increase public awareness about hypertension and the theme for this year is “Know Your Blood Pressure.”

THURSDAY, MAY 18, 2017• T H I S D AY

NEWSXTRA

Adeleke’s Death: Pathologist Rules out Poisoning

Says deceased’s corpse revealed excessive alcohol and overdose of medications Family opts for legal advice over alleged unprofessional conduct of CMD, other doctors Yinka Kolawole in Osogbo The pathologist that carried out examination on the corpse of the late Senator Isiaka Adeleke at the Ladoke Akintola University of Technology (LAUTECH) Teaching Hospital, Osogbo, Osun State, Dr Solaja Olufemi, has said there were no traces of

matter. The family at a press conference addressed by the immediate younger brother of Senator Isiaka Adeleke, Dr. Deji Adeleke, noted that the family “put it on record, that based on the high level of unprofessional conduct already displayed by the CMD of LAUTECH, Prof. Akeem Lasisi, the integrity of the yet-to-be-ready autopsy must have been seriously compromised. The family also noted that they requested for the autopsy report after two weeks of which adjournment. the CMD claimed to be away to He nevertheless observed that: Abuja saying that the autopsy “My Lord, we are more anxious was ready and that a copy was than the prosecution to go on already with the state Police with the case. The defendant command, while another copy is willing to defend himself was with the Chief Pathologist and prove his innocence on at the hospital. merit. Any time the exhibit is However, the family which in court, we are ready. But t if was said to have been alarmed you want to strike out the case at such position, queried why I leave that to your discretion” a copy of the autopsy report Justice John Tsoho however, should be given to the police adjourned to May 25 and 26 command without any copy for continuation of trial. given to the family that ordered It will be recalled that Justice the autopsy in the first instance. Ngwuta was among seven Consequently, the family Supreme Court judges that were remarks that the CMD now arrested between October 7 and 8, 2016 after the Department for State Services (DSS) raided their homes in what was termed “a sting operation” In the charges against Justice Ngwuta, the federal government has accused him of giving false information to the Nigerian Immigration Service (NIS) concerning his diplomatic passport with the purpose of procuring another one. He was also accused of giving various cash sums of money above the statutory threshold to his building contractor for the building of various houses in his home-state, Ebonyi State, without going through a financial institution.

poison or heavy metal in the body of the deceased. Also, Adeleke’s family who condemned the contradictory testimonies at the coroner’s inquest yesterday, vowed to take legal action against the ‘unfortunate and unprofessional conduct’ exhibited by the medical practitioner in the

Non-availability of Exhibit Stalls Trial of Justice Ngwuta Alex Enumah in Abuja The ongoing trial of a Supreme Court judge, Justice Sylvester Ngwuta, over allegations of corruption at a Federal High Court sitting in Abuja was yesterday stalled, due to the inability of the prosecution to bring to court exhibit it seek to tender against the defendant. Justice Ngwuta is standing trial on a 13-count amended charges bordering on corruption, money laundering and other financial crimes. He was initially arraigned by the federal government on a 16-count charge, before the charges were amended to 12 and subsequently 13. At the last sitting, the prosecution presented two witnesses before the case was adjourned to yesterday for continuation of trial. But at the resumed trial, prosecuting counsel, Olufunmilayo Fatunde, told the court that exhibit to be presented by the witness was not in court. She pleaded for adjournment to enable them do so at the next sitting. Reacting, Chief Kanu Agabi (SAN), counsel to the defendant, did not oppose the request for

Civil Society Tasks Bauchi Politicians to Accept Governor’s Reconciliation Move Sunday Okobi A civil society organisation, Coalition of Civil Society and Media Executives for Policy Stability (COCMEP), yesterday lauded the Bauchi State Governor, Mohammed Abdullahi Abubakar, for declaring ceasefire in the political hostility between him and Abuja-based politicians of the state extraction. It therefore called on the latter to embrace the governor’s olive branch and reconciliation gestures for the good and progress of the state. In a statement issued by the Executive Director of COCMEP, Innocent Okadigbo, which was made available to THISDAY yesterday, the CSO stated that peace is a sine qua non for development and

the partnership between the governor and the Speaker of the House of Representatives, Hon. Yakubu Dogara, who hails from the state is critical in coasting myriads of federal development projects and democracy dividends to the state, and that all should be done to avoid distracting the state governor. According to Okadigbo in the statement, “It is in the best interest of the state for the governor and Dogara to unite so that the Speaker can use such peaceful atmosphere to complement the governor’s development strides by influencing many federal projects for his home state and making the governor to be more focused on serious issues of governance; this is why the governor’s reconciliation gestures are highly commendable.”

changed the story, saying the autopsy was only conducted at the Nigeria Police Forensic lab in Lagos but promised to send a copy to the family which he eventually failed to produce. But the family noted that unknown to them the same CMD had already appeared and testified under oath before the state inquest earlier the same day where he testified that the cause of the sudden death of Adeleke was as a result of “banned injection overdose’ given to him, relying on a third party “hearsay” instead of forensic Toxicology report. However, the family was worried that the CMD deliberately did not disclose to the inquest that the autopsy report was not ready However, Solaja who appeared before the coroner inquest yesterday stated that the police carried out the toxicology examination on the deceased and the result was given to him to read on May 15, 2017. Olufemi, who is the Consultant, Anatomic Pathologist at the LAUTECH hospital, said the pathological examination

carried out on Adeleke’s corpse revealed that the deceased consumed excessive alcohol and was given an over dose of sedative and analgesic medicines. The pathologist who was led in evidence by Mrs. Oyindamola Daramola, a Senior Legal Officer for LAUTECH, explained that histology of the tissues from the body of the deceased was normal except from the heart which showed hypertrophy, adding that the liver showed alcoholic steato-hypatitis. He said: “Death in this case was due to aspiration of gastric content, although the deceased had hypertensive heart disease which could have cause sudden death, but no evidence of such, either grossly or microscopically.” Olufemi tendered a copy of the autopsy report and the court admitted it as exhibit EC3. He informed the coroner that the copy of the toxicology report was not released to him after reading it. The Health Assistant, Mr. Alfred Aderibigbe, who allegedly treated Adeleke when he was complaining of pains was

at the inquest but his evidence was not taken. His counsel, Mr. Lekan Alabi, pleaded with the coroner to adjourn his evidence to Friday, saying that he was just served the summon of the coroner on Tuesday. Alabi explained that due to the psychological trauma his client passed through recently, he was not prepared to give evidence before the coroner. He also requested for an interpreter on the grounds that Aderibigbe would give evidence in Yoruba language. However, the coroner, Chief Magistrate Olusegun Ayilara adjourned the taking of Aderibigbe’s evidence till tomorrow. The Divisional Police Officer, Dugbe Police Station, Osogbo, Mr. Ogunkanmi Gbemileke, also appeared before the coroner, and said he was given the empty ample and vials which he later handed over to OC Homicide for examination. Gbemileke added that specimen taken by the pathologist was given to one CSP Benedict Agbu.

AN ACHIEVER

Lagos State Governor, Mr. Akinwunmi Ambode (middle), flanked by the Speaker, Lagos State House of Assembly, Hon. Mudashiru Obasa (left) and Commissioner for Waterfront Infrastructure Development, Mr. Adebowale Akinsanya (right), during the inauguration of the Abule-Egba Bridge in Lagos....yesterday AbiOdun AjAlA

Obanikoro Denies Benin Ancestry Shola Oyeyipo Against the background of claims by former Works Minister, Chief Femi Okunnu, that he shares a Benin ancestry, former Minister of State for Defence and Peoples Democratic Party (PDP) stalwart in Lagos State, Senator Musiliu Obanikoro yesterday denied that his progenitor was from Bini kingdom of Edo State. Obanikoro, a strong aspirant on the platform for the PDP in the last governorship election in

Lagos State said rather than the mis-information, the legendary Obanikoro family in Lagos hails from Awori - Idiluwo-Ile in Ojo local government area of the state. The renowned Lagos politician was caretaker committee chairman, Surulere local government, substantive chairman, Lagos Island local government, former commissioner and senator that represented Lagos Central senatorial district and later he was appointed as minister during the president Goodluck

Jonathan era. Koro, as he is usually called, contended that the narratives of the eminent Lagosian, Chief Okunnu, that Obanikoro was from Benin was wrong, stressing that while he personally had a link with Benin through his paternal great grand mother, who he said hailed from Eletu-Odibo family, “the first Obanikoro was not from Benin.” According to him, “Chief Okunnu said Obanikoro was from Benin. We are not from Benin. We are from Aworiland.

We are from Idiluwo-Ile in Ojo local government. Personally, I have Bini blood. My paternal great grand mother was from Eletu-Odibo family. Eletu-Odibo came with the Oba of Benin to Lagos. She was the daughter of Ogabi Eletu-Odibo. But, Obanikoro was not a Bini man. He was an Awori.” He noted that “the descendants of Chief Obanikoro, among who are Ajayi-Bembe, Ogunlana Arewa, Abisawo Otun, Osadeko, Aregbe and Oyerokun, were conscious of their Awori root.”

T H I S D AY • THURSDAY, MAY 18, 2017

THURSDAYSPORTS Iwobi Thrilled to Be Back in Action for Gunners

Group Sports Editor Duro Ikhazuagbe Email duro.ikhazuagbe@thisdaylive.com

Arsenal’s Alex Iwobi is thrilled to have marked his return to the Premier League with a 2-0 victory over Sunderland on Tuesday night. The 21-year-old who has not played for the Gunners since their league fixture against Manchester City on April 2, was introduced as a 69th minute substitute for Kieran Gibbs at the Emirates Stadium Tuesday night.

Iwobi who has now recorded 25 league appearances with three goals for the Arsene Wenger’s side this season, came close to increasing the Gunners’ lead with a sublime shot in 83rd minute but was kept out by Sunderland’s Jordan Pickford. The elated Nigeria international took to Instagram to express his excitement after Alexis Sanchez’s brace ensured

Arsenal’s fight for Champions League spot stay alive. “Back Doing What I Love #AFC,” Iwobi wrote on Instagram yesterday. Meanwhile, Arsenal players want Sanchez to stay at the club next season, defender Laurent Koscielny revealed yesterday even as speculation continues to swirl about the Chilean international’s future. Sanchez has scored 28

N E ST L E M I LO S C H O O L B AS K E T B A L L

Ebonyi, Bayelsa are Equatorial Conference Champions Kunle Adewale It was basketball at its best in the finals of the male category of the Equatorial Conference held at the Indoor Sports Hall of the Nnandi Azikiwe Stadium, Enugu, Enugu State yesterday. Ebonyi State representative, St. Augustine Seminary, Ezzamgbo, defeated Belary Schools, Yenagoa 31-20 to emerge winner in the male category of the Equatorial

conference in a thrilling encounter. In girls’ category played earlier, St Jude’s Girls Secondary School, Amarata, Bayelsa out- dunked Imo State representative, Holy Rosary International School, Owerri, who made it to the finals courtesy of a protest against Cross River 22-5. Nwankwo Samuel from Ebonyi was voted the Most

Valuable Player in the boys’ category, while Bayelsa’s Grace John won the girls’ MVP. Imo and Anambra states won the Fair Play trophy in boys and girls respectively. The wining schools in both the boys and girls category have qualified for the national finals slated for the Indoor Sports Hall of the National Stadium, Surulere, Lagos between June 11 and 17.

goals in 49 appearances this season despite not being an out-and-out striker, but media reports have suggested he is unhappy at the club. The 28-year-old has a year left on his contract and has been linked with both Manchester United and City and several other leading clubs across Europe. “Firstly, he scored a lot of goals for us but his first

job is not to be a striker, it is more midfield but he is an unbelievable player. He just wants to fight and have the best result for the club,” Koscielny told Sky Sports. “When you have a player like this in your team, to show the way we want to grow together, it is important and I think he has a lot of players behind him to keep him.

“I don’t think there are a lot of players like him and a player like this who can be the difference during the game, it’s rare. We want to keep him with us because we know he is so important for our team.” Fifth-placed Arsenal trails Liverpool by a point and host Everton in their final Premier League match of the season on Sunday. Liverpool hosts Middlesbrough.

Leadway Pensure Wins UBA Pensions Five-a-side Tourney

Leadway Pensure has emerged champions of the 2017 Annual UBA Pensions five-a-side football tournament recently held at the Pitches and Court Leisure, Lekki in Lagos. The most fascinating event with over 800 persons in attendance saw Leadway coming tops with seven medals. The sporting event organised by UBA Pensions, was the 8th edition of the tournament which witnessed participation by 13 Pension Fund Administrators. Leadway Pensure, Stanbic

IBTC Pension Managers, AIICO Pensions, ARM Pensions, Trustfund Pensions, Crusader Sterling Pension, Legacy Pension, AXA Mansard Pension, IEI Anchor Pension, PAL Pensions, Sigma Pensions, NA CPFA and the host, UBA Pensions all participated in the competition. Apart from the five-a-side soccer for men, other sporting events at the tournament included penalty shootout (for women); table tennis (for men and women), snooker, scrabble,

chess, sack race, egg and spoon race and the FIFA 17 Virtual game. Stanbic IBTC Pension won five medals while AIICO Pension followed closely with four medals to finish in second and third position respectively. Commenting on the tournament, Managing Director, UBA Pensions, Mr. Bayo Yusuf, expressed satisfaction with the successful outcome of the event, which witnessed an increased turnout when compared with previous editions.

Thursday, May 18, 2017

UT H

& RE A S O

Price: N250

MISSILE Olujimi to Fed Govt

“I find it irritating for somebody to tell a prosecutor that the failure to produce a defendant in a criminal matter is an oversight. It is absurd. No one should foist a state of hopelessness on the court” –Former Attorney General of the Federation and Justice Minister, Mr Akin Olujinmi, lambasting the federal government for not producing in court former National Security Adviser, Col Sambo Dasuki (rtd) who is standing trial for alleged money-laundering.

OLUSEGUNADENIYI Nigeria and the Story Tellers THE VERDICT

olusegun.adeniyi@thisdaylive.com

ave for posting my column and the occasional Tweets, mostly footballrelated, I am not much on the social media. But because I am on several listserv and get hundreds of mails and WhatsApp messages every day, I don’t believe I am missing much. I especially enjoy the WhatsApp stories because many of them convey strong messages like the one I received last week. As I usually do when I get such interesting stories, I needed to find out the original source. It is from an online book titled “As I waka for Naija…THE MORE THINGS CHANGE, THE MORE THEY REMAIN THE SAME” with a rider: “The Adventure of SSSt, The book of great comedy stories and motivational excerpts”. It also has what may or may not be the name of the author simply as Tilawan. This particular story is about a nononsense Mr Kumza Kamanza who was posted from the head office of his company in Abuja to take charge in Lagos where he had his first meeting with the Director of Finance. And here goes the story that speaks to a season like this in our country, as being circulated on WhatsApp: Director, I am sure you must have now finally accepted the true but hard realities that I am your new branch manager here, no more business as usual, understand? No doubt about that sir! And, you know, I was posted from Abuja to the Lagos branch because you people are not making good profits here…. right? Yes sir! And you must have heard of my reputation of being a straight forward and a no - nonsense man.... right? Yes sir! Good! I have wasted no time in going through the records and there are some things I just don’t like.... it looks as if you people have been playing with the company funds! My goodness! I need to make some quick changes if we are to move forward here! And what is it sir? I don’t see how three Mercedes Jeeps are kept as standby vehicles and money is spent on them daily when we are lacking equipment at the site! Sir, one of the jeeps is for your wife’s use, the other is for what your children might love to use and the last, in addition to your official car, is for your evening leisure ride when you leave the office! Okay director, I see...what about a certain one million naira being paid to a hotel for leisure? Is that not a waste of the company funds when we have dared operational needs? Sir…that hotel is the best that offers what I call discreet night service....it is exclusively for your personal use sir. I see, I think am clear about that….But what have we got to do with the NYSC programme that the firm donates 100,000 naira to every month, is that not a loss of focus on your part? Sir, the donation is to take care of the magnanimity of the NYSC Director in allowing you to make a personal choice at

Acting President, Prof. Yemi Osinbajo every orientation camp of your…I mean choice of three unofficial female confidential secretaries for the service year sir! Okay then, no need to waste time on that.... Let’s go further please! I saw half a million Naira paid to a catering firm to take care of staff lunch. How can we be spending so much a month feeding a staff of 500 men.... aren’t they paid salaries? I am sorry sir, I did that for record purposes, actually it is meant to take care of your family needs....I just added that under the general sub-head because of the need to hide the huge cost. I can remove it if you.... No, no! Don’t be too hasty young man!... well, I think it is rather too early to start making too many changes here yet; let me go through the records and I will get back to you later, have a nice day, director! Thank You sir! ON THE WAY OUT Director, the new chairman has been looking for you? Thanks Clement, I just saw him. He seemed so annoyed this morning, anything wrong sir? No cause for alarm Clement. They all seem annoyed when they first come to the office. But all gets back well when they settle down and understand how we do things here! Yeah? What’s that sir? Well, my dear young man....all I can say is that we have been seeing new chairmen that come and go....and the more things change here, the more they remain the same! I am sure many readers would have laughed at that story as we usually do but if there was anything that the late literary giant, Professor Chinua Achebe taught us, it is that most of those stories we consider mere entertainment would have their use one day. Whether it is in the senatorial theatrics of “Ajekun iya…” which creates the impression that a Goliath will always trump David or in the many ways we have neglected to care for our teeming population of young people, there

are almost always consequences for bad behaviour both for individuals and for nations. The real challenge, especially within the context of our socio-political development, is that there are too many things happening around us that we miss their significance. What is more worrisome is the shrinking opportunities for self-actualisation for the greater majority of our young people from modest background. For instance, Miss Immaculata Onyinye Onuigbo last week emerged as Valedictorian of the American University of Nigeria (AUN) graduating class of 2017 and the highest grade point earner in the history of the university. The story began for Onyinye when she was awarded a Shehu Musa Yar ’Adua Foundation Scholarship in 2006 to attend the AUN Academy and subsequently to study Petroleum Chemistry. She was the Best Graduating Student Petroleum Chemistry, Best Graduating Student School of Arts & Sciences and won the Provost’s Award for Academic Excellence and the Haruna Musa Award for Academic Excellence among many other prizes. Two other Yar’Adua scholars from the FCT, Zainab Iliyasu and Hassan Tajudeen also received distinctions. Zainab was Best Graduating Student in Computer Science and won two corporate awards. However, the real story of these three students is that but for the opportunity provided by Yar’Adua Foundation, their dreams would have long been cut short given their family backgrounds. Onyinye’s father is an Enugu-based roadside electrician while Zainab’s father is an Abuja tailor. But while these young women were lucky to have such benefactors that helped them to fulfill their potentials, there are thousands of young Nigerians out there who have ended up on the wrong side of life. Who is thinking about such indigent young people and what plans do we have for them? I am quite aware that the social media has provided tools to share jokes and stories for many of our young men and women but there is also a danger to that for those who can understand the times. In perhaps Achebe’s best interrogation of our country in a long interview he granted in May 1989, he also told his own story before drawing conclusion: “...The snake was riding his horse, coiled up in his saddle. That’s the way the snake

rode his horse. And he came down the road and met the toad walking by the roadside. And the toad said to him, ‘Excuse me, Sir, but that’s not how to ride a horse.’ And the snake said, ‘No? Can you show me then?’ And the toad said, ‘Yes, if you would step down, Sir.’ So the snake came down. “The toad jumped into the saddle and sat bolt upright and galloped most elegantly up and down the road. When he came back he said, ‘That’s how to ride a horse.’ And the snake said, ‘Excellent. Very good. Very good, indeed. Thank you. Come down, if you don’t mind.’ So the toad came down, and the snake went up and coiled himself in the saddle as he was used to doing and then said to the toad, ‘It is very good to know, but it is even better to have. What good does excellent horsemanship do to a man without a horse?’ And with that he rode away...As you can see, the snake in this story is an aristocrat, and the toad a commoner. “The statement, even the rebuke, which the snake issues, is, in fact, saying: ‘Keep where you belong. You see, people like me are entitled to horses, and we don’t have to know how to ride. There’s no point in being an expert. That’s not going to help you.’ Now that’s very nice in that kind of political situation. But also if you think deeply about this story, it’s a two-edged sword. To put this other edge to it, which is not noticed at first...this other side is that the snake is incompetent, the snake is complacent, the snake is even unattractive. It’s all there in the story, and the time will come in this political system when all this will be questioned. Why is it that a snake is entitled to a horse? Why is it that the man who knows how to ride does not have a horse to ride? This questioning will come in a revolutionary time, and when it comes you don’t need another story...” The late Fela Anikulapo-Kuti once described the condition of an average Nigerian as that of suffering and smiling and it is often said that our people have a way of using humour to while away their sorrow and disappointments. While that is true, there are also embedded lessons in some of the jokes and anecdotes being shared on social media that should not escape the attention of those in authority and other critical stakeholders. As the late Achebe teaches with his own story, the same WhatsApp postings which provide entertainment for most of us could, at the fullness of time, also be a potent weapon in the hands of majority of our nationals who today seem helpless, hopeless and defeated.

Check New Uploads!

have uploaded new verdicts from the 2004 series on my web portal, Olusegunadeniyi.com for the enjoyment of readers. Meanwhile, because I keep receiving calls, SMS and emails from readers who are asking where and how they can get my latest book, “Against The Run of Play”, I have discussed with

the management of Kachifo that is now willing to deliver directly, at their cost, to anybody willing to purchase four or more copies. The price remains N5,000 per copy. Interested buyers should contact Bliss Nweke (07037545701) and Abideen Akinboade (08077364217) or send a mail to logistics@kachifo.com.

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