Tuesday 20 February 2018
(The Sun 09/18/13)
The authorities of the Nigeria Police Force (NPF) recently announced a change in the process of vehicle registration from the present analogue Central Motor Registry (CMR) system to a digital Biometric Central Motor Registration (BCMR) system, from September 16. According to the Force Public Relations Officer, Mr. Frank Mba, the new system is part of efforts to reposition the force to effectively tackle crime, particularly the high incidence of car theft, kidnapping and terrorism in the country. He also explained that the new system, which is capable of capturing 20 million fingerprints per second, is designed for forensic analysis under which fingerprints could be matched or verified against registered fingerprints collected during the registration. The database, he added, would be...
(National Mirror Online 09/18/13)
The Minister of Power, Professor Chinedu Nebo has reiterated that the end of the Power Holding company of Nigeria is close saying that almost all the staff have been paid their due severance benefits. Nebo stated this while fielding question from journalists in Abuja, stressing that what is left now is payment of independent retirement benefits. Nebo maintained that Federal Government was actually ready to hand over while many of the investing companies are also ready to take over the assets of the PHCN. “We have come very close to the end of PHCN. Basically, almost all of the staff have been paid. What is left is independent retirement benefit that is going to be paid into their accounts. We...
(The Wall Street Journal 09/18/13)
When residents sang and danced in this town's dusty streets in August to celebrate the self-declared birth of their new nation, Zambia's police pounced. On Tuesday, 59 people arrested in the sweep appeared at a court in Mongu, located on the marshy banks of the Zambezi River, charged with treason. Many were picked up in the past few weeks for their alleged involvement in a ceremony to select a new regional administrator who would organize elections for a newly independent government. It was the latest sign of separatism taking hold in Africa—both peacefully and violently. Some of the jailed activists now call themselves citizens of Barotseland, a kingdom that before Zambia's independence in 1964 was a British protectorate. When the...
(BBC News Africa 09/18/13)
Nigeria coach Stephen Keshi says he will not underestimate Ethiopia when the sides meet in their 2014 World Cup play-off next month. Ethiopia are the lowest-ranked side in the final round on the road to Brazil. But Keshi told BBC Sport: "They didn't get to this stage by mistake, that says a lot about Ethiopia as a team. "Ethiopia have an unpredictable style which makes it difficult for any opponent. We are going to play both legs like a cup final." The sides last met in a Africa Cup of Nations group game in Rustenburg in January, which the Super Eagles won 2-0 on their way to being crowned champions. However, Keshi does not think that result will have any...
( 09/18/13)
(IRIN) - This year, the two most powerful men on the globe, presidents Barack Obama and Xi Jinping, both embarked on Africa tours, pledging to increase aid and investment and work with the continent to improve development. While this was Barack Obama's first extended tour of Africa since taking office (he made a one-day stop in 2009 in Ghana), Chinese leaders have been visiting the continent regularly for decades, quietly working on joint development, trade, foreign direct investment and assistance projects. "China is the largest developing country in the world, and Africa is the continent with the largest number of developing countries," Jiang Zemin, then-president of China, said in his opening remarks at the first Forum on China-Africa Cooperation (FOCAC)...
( 09/17/13)
Nigeria’s Sovereign Wealth Fund (SWF) has made its first investment, handing over $200m to UBS, Credit Suisse and Goldman Sachs to manage a fixed income portfolio. The first investment, even if relatively small, adds Nigeria to the small cadre of commodity-rich countries that over the past decade have become one of the most powerful forces in global financial markets through their sovereign wealth funds, according to a report by the Financial Times. Uche Orji, chief executive of the $1bn Nigerian Sovereign Investment Authority (NSIA), told the Financial Times the fund gave UBS $50m last week to invest in United States (US) Treasuries. A further $150m is being transferred this week to Credit Suisse and Goldman Sachs to build a US...
(This Day Live 09/17/13)
The Minister of Trade and Investment, Mr. Olusegun Aganga, has said the federal government is capable of doubling the $680 million revenue currently generated by the leather industry, if proper policies are put in place. To this end, he said his ministry has initiated plans to increase revenue accruable from the leather industry to N20 billion annually. Aganga disclosed this yesterday in Abuja while declaring open a two-day summit on ‘Reviving Nigeria's Leather Industry: a Catalyst for Socio-Economic Growth,’ saying that the industry enjoyed little or no support from the government. The minister stated that despite various challenges, the Nigeria leather industry should be commended for what it had achieved, adding that it had endured a lot of set-backs yet...
(National Mirror Online 09/17/13)
All is now set for a battle royale between the camps loyal to President Goodluck Jonathan and the Peoples Democratic Party, PDP, led by Alhaji Bamanga Tukur and the New PDP believed to be prodded by former Vice- President Atiku Abubakar as the House of Representatives resumes today. The opposition All Progressives Congress, APC, expected to join the fray against the Presidency also has its battle to contend with in-house, National Mirror learnt last night. A member of the opposition from Bauchi State, who did not want his name mentioned, said yesterday that the APC was more interested in “consolidating on the gains of the merger than going against some principal officers or the President for now”. “The structure of...
(National Mirror Online 09/17/13)
As a way out of the crisis rocking the Peoples Democratic Party, PDP, facts have emerged on what President Goodluck Jonathan and the seven aggrieved governors agreed on at the Sunday parley. National Mirror learnt that it was a win-win situa-tion for both parties. While the President conceded to the removal of the PDP National Chairman, Alhaji Bamanga Tukur, the seven aggrieved governors backpedalled on their insistence that President Jonathan should not seek a re-election in 2015 as part of the alleged one-term pact he entered into with the governors. The meeting which started about 4p.m. and ended about 11p.m. was presided over by President Jonathan. Vice- President Namadi Sambo and the Chairman of the PDP Board of Trustees, BoT,...
(Voice of America 09/17/13)
ABUJA — As Nigerian lawmakers review the country's 14-year-old constitution, some local governments are petitioning for an amendment to have federal funds skip state coffers and go directly to them. Supporters say the move will help developers build roads, schools and hospitals. But critics say it will just widen the circle of people who can steal federal funding. The way it works now, local governments in Nigeria get money from state governments and the states get their money from the federal government. Most of the money comes from oil. One proposed constitutional revision would channel funding directly from federal coffers to the towns, by-passing states to prevent skimming money along the way. Oke Joseph, who used to work for a...
(Voice of America 09/17/13)
The speaker of Nigeria’s House of Representatives has called on political leaders to lead by example -- by living “above board” as part of an effort to root out corruption. “One of the best ways is to live by example as an elected person or public officer or an appointed public service holder. You show example in your lifestyle, in the way you conduct yourself and the way and manner you engage people,” said Honorable Aminu Waziri Tambuwal. Tambuwal also says the legislative body is backing efforts by the administration of President Goodluck Jonathan to bring an end to the Boko Haram insurgency in parts of the country. He acknowledged that the security agencies had not foreseen the violence carried...
(Reuters (Eng) 09/17/13)
LONDON, (Reuters) - Jailed former Nigerian oil state governor James Ibori hid some of his assets in the oil firm Oando and money passed from the company's accounts to Ibori's Swiss accounts, a British prosecutor told a court on Monday. Ibori, who governed Delta State from 1999 to 2007 and influenced national politics, was jailed for 13 years in Britain after pleading guilty in February 2012 to 10 counts of fraud and money-laundering worth 50 million pounds ($79 million). One of the biggest embezzlement cases seen in Britain, the successful prosecution of Ibori was also a rare example of a senior Nigerian politician being held to account for the corruption that blights Africa's most populous country. A three-week confiscation hearing...
(This Day Live 09/17/13)
The Governor of the Central Bank of Nigeria (CBN), Mallam Sanusi Lamido Sanusi, Monday said the effective implementation of the electronic payment system in both private and public sectors would be "the biggest blow" on money-laundering and corruption often perpetrated as a result of the huge size of cash transactions. Speaking in Abuja at the opening of an international conference on ‘Payment System and Launch of the Payment System Vision 2020 Strategy (Release 2) Document’, Sanusi said the CBN would over the next few years concentrate on strengthening institutional and regulatory frameworks that would encourage the development of the payment system, increase financial inclusion and promote more usage of electronic payments. He explained that the revised document would henceforth ensure...
( 09/17/13)
Lagos State Governor Babatunde Fashola yesterday urged tobacco companies in Nigeria to adhere strictly to regulatory standards. Fashola spoke in his office in Alausa, Ikeja, while hosting the Managing Director of the British American Tobacco (BAT), Nigeria, Mr. Keith Gretton. He said tobacco products pose great risks to consumers and urged companies to adhere to standards. Fashola said: “As we do business today, we must think about the future, because without people there can’t be business. Therefore, I think tobacco companies like yours should begin to focus on doing things that will prolong the lives of their customers. “Many of the diseases we have today are caused by the lifestyle choices that people make and these diseases are becoming more...
(This Day Live 09/17/13)
The federal government Monday in Abuja said starting from next month, the old International Certificate of Vaccination and Prophylaxis still in use in Nigeria would be phased out, paving the way for a more sophisticated version that would prevent piracy. The Minister of Health, Prof. Onyebuchi Chukwu, who made this known while inaugurating the new vaccination certificate popular called Yellow Card, said the introduction of the card was one of the resolutions for implementation by the National Council on Health at its meeting in Abuja last year. “It was agreed at the meeting that the Federal Ministry of Health proceed with the introduction of the new card which should have an advanced security features that were lacking in the old...
(National Mirror Online 09/17/13)
Businesses, individuals and government are increasingly depending on telecoms infrastructures in running their daily activities. However, cases of attacks against these facilities as well as the menace of cyber insecurity are rampant. In this report, KUNLE AZEEZ examines a renewed effort by the Federal Government to address these industry problems. In a renewed move to protect over $25 billion investment in the nation’s Information and Communication Technology sector, the Federal Government has announced a measure being taken by the government to tackle the issue of cyber insecurity head-long as well as shielding ICT facilities from vandalism and all forms of attacks by making them legislating them as critical national security infrastructures. Disclosing this at the 20 13 Edo State Technology...
(National Mirror Online 09/17/13)
Controversy is trailing plans by the Nigeria Police Force, NPF, to introduce Digital Biometric Central Motor Registration, BCMR, in the country. Some opponents have said the move was a mere repetition of what the Federal Road Safety Commission had done. The potential bill for the BCMR registration for motorists could be up to N24.5 billion assuming each of the seven million vehicle owners in Nigeria pay top fee of N3,500. Tricycle and motorcycle owners are expected to pay N1,500. Two prominent lawyers have also described the move as illegal and unconstitutional. But the police denied that the move would infringe on the mandate of the Federal Road Safety Corps, FRSC. Speaking with National Mirror yesterday, two Senior Advocates of Nigeria,...
(Punch 09/17/13)
The Securities and Exchange Commission has announced the appointment of KPMG as part of its team in the ongoing investigation of Ecobank Transnational Incorporated. A statement by SEC on Sunday explained that the services of the consulting firm were needed to conclude the investigation in good time. The statement said, “SEC wishes to inform the investing public that the ETI corporate governance investigation is progressing. “The regulator is taking all necessary steps to speedily conclude the investigation into the alleged corporate governance breaches at ETI. “In this respect, the services of KPMG, a leading accounting, audit and management consulting firm, were recently retained to complement the efforts of SEC.” Since last month, SEC had been investigating the ETI over an...
(The Sun 09/17/13)
Otunba Biodun Ajiboye is the Chairman, Logica Group, an advertising, publishing and event management company that organises the annual Nigerian Telecoms Award and the Nigerian Development Lecture (NITDEL). Ahead of this year’s edition of the two industry events, he speaks with BISI OLALEYE on the challenges facing the telecoms industry and the inadequate industry support for the annual events. What I see as lapses are the problems we are still facing in the industry. These range from the issue of Right of way, to multiple taxations, vandalism of telecom equipment and declaration of telecoms as Critical National Security Infrastructure. These are the issues we are still battling with as an industry and I am not impressed about the way the...
(The Sun 09/17/13)
Motorists and commuters on the collapsed Sagamu-Ikorodu Road, including residents of the many communities in the area, regret that the Federal Government and the authorities in Lagos and Ogun States have totally abandoned them to their fate. They live in unmitigated agony, their daily existence marked by indescribable stress and distress. They are residents of the many communities lying between Ikorodu in Lagos State and Sagamu in Ogun State. To them, each day is hell. The Sagamu-Ikorodu Road, which they ply daily, is a nerve-wracking experience. It is one of those roads that have been long abandoned by the federal government. If you describe the Sagamu-Ikorodu Road as one of the worst in the world, no one will accuse you...

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