Monday 24 July 2017
(AFP (eng) 07/05/17)
Nigerian authorities have launched an investigation into claims that a teenager survived 12 hours hidden in the wheel compartment of a plane between Lagos and London, an aviation official said Wednesday. The boy, said to be aged 15 or under, was apparently discovered in the wheel compartment of a Med-View Airline Boeing 747 which made the round trip last Saturday. "We are looking into the incident to find how it happened and to prevent a recurrence," Sam Adurogboye, of the Nigerian Civil Aviation Authority (NCAA), told AFP. Adurogboye said the authorities were "disturbed by the incident because of its implications for air safety".
(APA 07/05/17)
The Edo State Comptroller of the Nigeria Immigration Service (NIS), Mr. David Adi, has said that the service arrested and repatriated 450 illegal immigrants in Edo State in the first quarter of this year. Speaking at the presentation of a refurbished Hilux van by the management of Okomu Oil Palm Plc to the command on Tuesday in Benin, the state capital, Adi said that those repatriated were mainly from Niger Republic, Mali and Ghana. He explained that the affected foreigners had no regular travel documents and credible means of livelihood. The report by Ships & Ports, a maritime publication on Wednesday, quoted Adi as saying that the successful arrest of the illegal immigrants was due to logistics support by some...
(APA 07/05/17)
The Director General of the Abuja Chamber of Commerce and Industry (ACCI), Mr. Chijioke Ekechukwu, has said that over 20 countries have indicated interest to feature at the 12th International Trade Fair scheduled to hold in September this year. Ekechukwu told journalists on Tuesday in Abuja that many foreign manufacturers and distributors were among the companies that had expressed interest to feature at the fair. He disclosed that China, Pakistan, Indonesia, Ecuador, Egypt and some European countries are among foreign countries expected at the fair. He explained that many local manufacturers will be coming from all parts of the country for the fair. According to him, many states have shown interest to feature at the trade fair to showcase their...
(Voice of America 07/05/17)
More than 7 million children in West and Central Africa are displaced every year, the United Nations children's agency said in a report released Wednesday. Lack of economic opportunities, wars and climate change are forcing more than 12 million people in West and Central Africa to migrate annually, the report said. "Children in West and Central Africa are moving in greater numbers than ever before, many in search of safety or a better life," UNICEF regional director Marie-Pierre Poirier said. Climate change is already a harsh reality in many parts of Africa, where rising temperatures and increasingly erratic rainfall have disrupted food production, fueled widespread hunger and forced farmers to abandon their land. A half-million people have crossed the Mediterranean...
(APA 07/05/17)
Etisalat Nigeria says a new board has been appointed for the company. following the resolution of key issues on its $1.2 billion indebtedness to some commercial banks in the country. The company said in a statement on Tuesday in Lagos that Mr. Boye Olusanya, a former Deputy Managing Director of Airtel Nigeria as the new Chief Executive Officer (CEO), replacing Olusanya replaces Matthew Willsher, who stepped down as the CEO of the company on Monday, July 3. It added that Funke Ighodaro has been appointed as the Chief Finance Officer, while a Deputy Governor of the Central Bank, Dr. Joseph Nnanna, has been named the Chairman of the board. Nnanna takes over from Hakeem Bello-Osagie, who resigned as part of...
(APA 07/05/17)
Nigeria’s Minister of Agriculture and Rural Development Audu Ogbeh says that the Federal Government is planning to export processed yam products to Britain, the U.S. and the European Union (EU). Ogbe told journalists on Tuesday in Lagos that the target markets for the export of fresh yams, which had started, was millions of Africans, especially Nigerians in the Diaspora, who want to buy and eat fresh yam. “For those who will prefer yam flour and pounded yam, the ministry has identified five companies to process yam tubers into those products. We will get the UK certified standards for the exportation of those yam value chains. “We will also put in our own checks and balances to ensure that every export...
(APA 07/04/17)
Nigeria has called for the implementation of the African Peace and Security Architecture (APSA), especially the African Standby Force (ASF) and the Peace Fund. Acting President Yemi Osinbajo made the call in his capacity as the Chairperson of the AU Peace and Security Council (PSC) for the month of July, while reporting on the council’s activities and the state of peace and security in Africa. A statement released in Abuja said that Osinbajo reiterated the need for the PSC to work towards removing all distractions and impediments to the full attainment of operational capacity of the AFS.
(APA 07/04/17)
Nigeria has been advised to explore renewable energy by using its untapped energy sources, estimated at 93, 950MW, as the country’s energy sector is currently experiencing a chronic crisis. “Nigeria has an untapped potential to produce 93,950MW from carbon-emission-free energy sources, which include small and large hydroelectric power plants, 68 percent and nuclear power, 21 percent. Also, Nigeria has an untapped potential of seven percent solar and photovoltaic and onshore wind, two per cent,” said Bakary Dosso, the UN Economic Commission for Africa (ECA) Chief Sub-regional Officer, Data Centre. He noted that it is sad that despite such potential, half of the population in Nigeria rely on wood, charcoal...
(APA 07/04/17)
The Chief Executive Officer of the Nigerian Stock Exchange (NSE), Mr. Oscar N. Onyema, has said that the Exchange is committed in focusing on its efforts at mobilizing funds for the purchase of Mobile Cancer Centers in Nigeria. Speaking at the 4th edition of the Nigerian Stock Exchange (NSE) Corporate Challenge in the fight against cancer in Lagos, Onyema said: “Through this initiative, we want to provide access for early detection and treatment of cancers so that people can live to their full potentials. With your support, we believe we can save lives.” The NSE Corporate Challenge is an annual, highly competitive and fun-filled 5-kilometre walk, jog and run competition designed to raise awareness and funds for the purchase of...
(Agence Ecofin 07/04/17)
The Ministry of Budget and National Planning and the Sub-Regional Office for West Africa of the Economic Commission for Africa (ECA) have launched Nigeria’s 2016 Country Profile. Launched in Abuja, the initiative is aimed at providing analysis and recommendations vital to the country’s drive towards economic and social transformation. The new country profile highlights Nigeria’s major problem to be shortage of electricity. It said for the country to fast track its economic transformation, the country needs to encourage competitiveness, increase productivity and strengthen local production capacity. In achieving this, the nation must reverse its over two decades of deficits in fields such as electricity generation, transmission and distribution, intensify efforts to set up a market-oriented policy to promote a secure...
(Voice of America 07/04/17)
GENEVA — The U.N. children’s fund warns tens of thousands of malnourished children are at great risk in Yemen, Somalia and South Sudan, which are on the brink of famine. UNICEF reports an estimated 4.7 million children in the cholera-stricken countries are malnourished. Of these, UNICEF spokesman Christofe Boulierac tells VOA, more than one million are suffering from severe acute malnutrition. “Let me remind you that a child who is suffering from severe acute malnutrition are nine times more likely to die of disease than a well-nourished child," he said. "So, having cholera and diarrhea in countries where so many children are so fragile because of malnutrition among other things because of such a bad access to safe water is...
(Agence Ecofin 07/04/17)
The Nigerian National Petroleum Corporation (NNPC), has said that for the past one year, it has saved $2billion by renegotiating upstream servicing contracts as part of its quest to continually reduce the high cost of production in the industry. “For the upstream, cost reduction and efficiency are key features that we will pay attention to,” Maikanti Baru (photo), the Group Managing Director of the state oil company disclosed in a statement on Tuesday. He said the company has also cut back operating costs for oil production from $27 per barrel to $22. According to Baru, average production of oil and condensate on a daily-basis stood at about 1.88million barrels since the start of this year with Forcados and Qua iboe...
(Agence Ecofin 07/04/17)
Seplat Petroleum Development Company PLC, a leading Nigerian indigenous oil and gas company, says that its three-year revolving credit facility which was expected to expire at the end of 2017 has been successfully extended till December 31, 2018. According to the group, the credit facility has also been restructured to enable it to pay the outstanding debt of $150 million in equal tranches over five quarters starting from Q4 of 2017. The group added that its total debt under its term loan and revolving credit facility, has reduced by US$365 million from the US$1 billion in Q1 of 2015 to the current balance of US$635 million at the end of June 2017. The credit facility in question, was provided by...
(RFI(EN) 07/04/17)
New tax rules in Israel could leave hundreds of African migrants worse off than they are. In May, the government introduced a new deposit law, enabling the governemnt to take 20 percent of migrants' salaries each month and place it out of reach. The money can only be accessed once they leave the country. Rights groups say the policy is designed to force them out of the country. "We're not pressuring you to leave but will make your life miserable so you decide to leave," Anwar Suliman, a Darfuri refugee living in Israel since 2008, told RFI . "Every time the state makes a different law, different pressure, but we said we can't go back right now." Suliman fled Darfur...
(APA 07/04/17)
Nigeria’s Minister of Health Isaac Adewole has inaugurated a multi-million naira tuberculosis (TB) referral laboratory built by Agbami Co-Ventures, a joint partnership of five major oil companies at a cost of N32 million. The oil companies are NNPC, Petrobras, Statoil, Famfa Oil and Chevron. Speaking at the Inauguration of the equipment at the University College Hospital (UCH), Ibadan on Monday, Adewole said that the donation of the equipment should be seen as an investment that would yield profitable returns. He noted that the project is quite in synergy with the goal of government to control and eradicate tuberculosis A report by the Nigeria Television Authority quoted the minister as saying that investing in TB is a wise investment, saying: “When...
(APA 07/04/17)
A Nigerian elder Statesman, Alhaji Yusuf Maitama Sule, has died on Monday in a Cairo hospital where he was receiving medical treatment. A statement signed by the Kano State Commissioner for Information, Alhaji Mohammed Garba, said that elder statesman “died at a hospital in Cairo, Egypt where he was receiving treatment for an illness”. He said that funeral prayer for the deceased would be conducted on Tuesday at the Emir’s Palace, Kofar Kudu, by 4:00pm. The Commissioner announced that the Kano State Governor, Alhaji Abdullahi Umar Ganduje has declared Tuesday a work–free day in the state to mourn the death of the elder statesman. Alhaji Sule was born in 1929 in Kano. He joined politics in 1954 where he was...
(AFP (eng) 07/03/17)
The wife of ailing Nigerian President Muhammadu Buhari has left the country to visit him in London after first attending an African Union event, her office said. Aisha Buhari's office said late on Sunday that she was first heading to the AU summit in Addis Ababa for a "symbolic appearance" at a leaders' wives meeting. She will then head to Britain on Tuesday, a statement said, adding: ""She will convey to the president the best wishes of Nigerians and their fervent prayers for his quick recovery." Aisha Buhari first visited her 74-year-old husband in London on May 30 and returned to Nigeria on June 6, saying he was recovering fast. The head of state of Africa's most populous nation has...
(AFP (eng) 07/03/17)
A Nigerian man has been arrested in eastern France after being found with condoms stuffed with 79,000 euros ($90,000) hidden in his stomach, customs officials said Monday. The man, arrested Saturday in Strasbourg, had another 13,000 Swiss francs (11,900 euros, $13,500) concealed in his clothes, the officials said. The man told customs agents that he lived in Spain and worked as a dish washer at a restaurant in the Balearic Islands. But a sniffer dog detected marijuana on the bank notes hidden in his clothing. That led to an X-ray that revealed the presence of nine condoms stuffed with bank notes in the man's intestines. He has been charged with laundering drug money and lying to customs authorities
(Agence Ecofin 07/03/17)
The Government of Plateau has earmarked N38billion ($109.8million) for the construction of 16 roads this financial year to support rural development and improve the state’s economy, according to Pam Dongs, Plateau commissioner for Works and Transport. He said measures had been taken to ensure that the contracts for the planned roads were awarded to the right contractors. “We are going to take very stringent measures to ensure that once the contracts are awarded, contractors follow specifications and finish up within the documented time frame. We want to make sure that contractors did not compromise standards in any way in terms of materials used.” Dongs added that various committees had been set up to monitor the projects. He, however, urged potential...
(Agence Ecofin 07/03/17)
Recent data from the Central Bank of Nigeria (CBN) has shown that Nigeria’s external reserves increased by $4.18 billion to $30.3 billion at June 29, 2017 from the $26.097 billion at the beginning of the year, a 14.8% improvement from the $26.34 billion recorded in June 2016. Nigeria, Africa’s second most populous country, is currently in its second year of recession driven by low prices of oil from which it gets two-thirds of its revenues coupled with attacks on oil facilities by militants in Niger Delta. This has also led to a currency crisis and dollar shortages. CBN has since February this year, rely on the country’s reserves to intervene in the foreign exchange market, injecting close to $6 billion...

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