Wednesday 25 April 2018
(Reuters (Eng) 09/12/13)
LONDON | Thu Sep 12, 2013 (Reuters) - Gas supplies to Europe will become less reliable as much of its new demand in the coming decade will have to be met with gas from politically unstable countries in Africa. Europe's gas demand is expected to rise by around 20 percent to 580 billion cubic meters (bcm) per year in the next 10 years as economic growth returns and governments plan to switch from coal to gas for power generation. During the same time, supplies to Europe from the North Sea are expected to fall by at least 20 percent as reserves dwindle, while established suppliers such as Russia and Norway will not be able to increase exports by much and...
(Punch 09/12/13)
The Federal Airports Authority of Nigeria on Tuesday said it had installed seven brand new X-ray scanning machines at the Murtala Muhammed Airport, Lagos, and others as parts of measures to improve safety and security at the airports. The development came barely one month after a teenage stowaway was arrested at Lagos airport after hiding in the tyre compartment of an Arik Air plane, which took off in Benin City. FAAN said the decision to install the modern machines was in line with the ongoing transformation in the aviation sector. A statement by the General Manager, Corporate Communications, FAAN, Mr. Yakubu Dati, said, “The authority has already installed seven brand new X-ray scanning machines at the Murtala Muhammed Airport, Lagos;...
(Business News (Ng) 09/12/13)
The Nigeria Communication Commission (NCC) in its bid to check the ever increasing spate of unsolicited text messages by the over 100 million active subscribers in the country, has come up with a database of all Value Added Service (VAS) providers, together with the short-codes used by them. NCC said the strategy is aimed at ensuring direct engagement and monitoring of the activities of each licensed VAS providers. NCC was compelled to develop the database, following increased consumer complaints regarding unsolicited SMS from Value Added Service (VAS) providers marketing various services to unsuspecting consumers. In a press statement, the Commission said it had forwarded warning letters, to all VAS providers in which the Commission stated categorically that all unsolicited messages...
(Business News (Ng) 09/12/13)
Transactions on the floor of the Nigerian Stock Exchange, NSE, on Thursday ended on a negative note as the market capitalisation recorded a loss of N12 billion or 0.1 percent to close at N11.533 trillion as against the N11.545 trillion mark of Wednesday. Similarly, the All Share Index, ALSI, equally shed 35.21 points or 0.1 percent to close at 36,224.44 points as against the 36,259.65 points recorded on Wednesday. At the close of trading, Julius berger topped the gainers chart accumulating N2.95k in its share price to close at N76.95k per share. It was followed by Unilever Plc which gained N2.75k to close at N58.75k per share while Dangote Cement was third with an increase of N1.50k in its share...
(The Guardian 09/12/13)
How do you create demand for services where there is little confidence in the quality of care and 1 million children under five die every year from preventable diseases? Midway through our interview the power cuts and the room is thrown into darkness. We are at Nigeria's National Primary Healthcare Development Agency to talk to its chief executive about the issues facing his nation – and sporadic electricity supply is just one. Dr Ado Jimada Gana Muhammad has arguably the toughest job in Nigerian healthcare. "This is the frontline," he says. "If we do not get it [primary healthcare] right the knock-on effects for the whole of the health care system are too large to calculate. And for many Nigerians,...
(Vanguard 09/12/13)
Even after the near successful privatization of Nigeria’s power sector, the Senior Staff Association of Electricity and Allied Companies, SSAEAC, has maintained that privatization is not the answer to the nation’s power problems. The position of SSAEAC was made known by its President-General, Mr. Bede Opara, who said that the association based its position on the fact that the companies have not performed in a big network as Nigeria. “Our position is that privatization will not give us an answer to our power problems. But we do not want to rule out that the new companies will come in and turn things around. They have that capability, if they are credible companies. I use the word ‘if’ advisedly because we...
(Voice of America 09/12/13)
The World Bank has released new reports outlining the health challenges facing six major regions. Those challenges include not only many types of disease, but road accidents as well. The bank says the reports will help policymakers develop evidence-based health programs after the Millennium Development Goals expire. The World Bank has released the reports in conjunction with the Institute for Health Metrics and Evaluation. Timothy Evans is the bank’s director of Health, Nutrition and Population. “What we see when we look beyond the global picture is that there’s a lot of regional specificity to trends in the burden of disease. And so the regional focus just allows us more detail and attention to what’s happening in different regions of the...
(International Business Times 09/12/13)
The United Nations food aid agency is falling tens of millions of dollars short of its fundraising goal to combat food insecurity in the African Sahel, leaving 11 million people facing severe nutritional crises in one of the world's most unforgiving regions. The Sahel is a belt of semi-arid land just south of the Sahara Desert, which stretches across the breadth of the African continent and passes through more than a dozen countries. Rainy weather tends to swing up from the South from June through September, but decades of low -- and increasingly erratic -- precipitation have taken a toll on agricultural output. With the exception of five sporadic good years, rainfall has been below historical average levels since the...
(AFP (eng) 09/11/13)
ABUJA, September 11, 2013 (AFP) - Nigerian President Goodluck Jonathan on Wednesday sacked nine ministers in a major cabinet reshuffle amid tensions within the ruling party as his rivals manoeuvre ahead of 2015 elections. Those sacked included Foreign Minister Olugbenga Ashiru, Education Minister Ruqayyatu Ahmed Rufai and Housing Minister Ama Pepple. The national planning, environment and science and technology ministers were also removed in addition to junior ministers for defence, agriculture and power. Presidency spokesman Reuben Abati confirmed the names from the 39-member cabinet. High profile ministers such as Finance Minister Ngozi Okonjo-Iweala and Oil Minister Diezani Alison-Madueke remained in place. No specific reason was given for the reshuffle, which comes as the president battles infighting in his Peoples Democratic...
(Voice of America 09/11/13)
ABUJA — Nigerian President Goodluck Jonathan has sacked nine ministers in his first major cabinet reshuffle since winning an election more than two years ago, a presidency spokesman said on Wednesday. The dismissals come less than two weeks after ruling party governors and a former presidential candidate formed a splinter group opposed to Jonathan. Nigeria's ruling People's Democratic Party has increasingly been riven by internal squabbles, centered around Jonathan's alleged intention to run again in 2015. The positions most closely watched by foreign investors were not affected, including the ministers of finance and petroleum - the person in charge of managing Africa's biggest oil business. The ministers of foreign affairs, education, science and technology, housing and urban development, national planning,...
(BBC News Africa 09/11/13)
Nigeria's President Goodluck Jonathan has sacked nine cabinet ministers amid serious divisions in the governing party. Two weeks ago, seven of the country's powerful state governors and former Vice-President Atiku Abubakar formed a splinter-group in the PDP. They were angry after their allies were disqualified from party elections. BBC Nigeria analyst Naziru Mikailu says the factions are jockeying for power ahead of 2015 polls. The People's Democratic Party (PDP) has won every national election since the end of military rule in 1999, so the party's presidential candidate would be in a strong position to become Nigeria's next leader. Allies of Mr Jonathan have already started campaigning for him to seek re-election - he has not revealed whether he intends to...
(The Sun 09/11/13)
President Goodluck Ebele Jonathan has dropped nine members of his cabinet. In a reshuffle that was carried out on Wednesday and announced to the ministers at the weekly Federal Executive Council meeting at the Presidential Villa, Abuja, Jonathan dropped six senior and three junior ministers. Among those affected were the Minister of Foreign Affairs, Ambassador Olugbenga Ashiru; the Minister of Education, Prof. Ruggayat Ruf’ai; the Minister of National Planning, Samsudeen Usman; the Minister of Housing and Urban Development, Ama Pepple; the Minister of the Environment, Hajia Hadiza Mailafia; and the Minister of Science and Technology, Prof. Bassey Ewa. The Minister of States affected were those of Defence, Erelu Olusola Obada, Agriculture, Alhaji Bukar Tijani; and Power, Alhaja Zainab Kuchi. The...
(Reuters (Eng) 09/11/13)
ABUJA, Sept 11 (Reuters) - Nigerian President Goodluck Jonathan has sacked nine ministers in his first major cabinet reshuffle since winning an election more than two years ago, a presidency spokesman said on Wednesday. The dismissals come less than two weeks after ruling party governors and a former presidential candidate formed a splinter group opposed to Jonathan. Nigeria's ruling People's Democratic Party has increasingly been riven by internal squabbles, centred around Jonathan's alleged intention to run again in 2015. The positions most closely watched by foreign investors were not affected, including the ministers of finance and petroleum - the person in charge of managing Africa's biggest oil business. The ministers of foreign affairs, education, science and technology, housing and urban...
(AL Jazeera 09/11/13)
Oil giant holds talks with community in Niger Delta on compensations and clean-ups years after oil spill disasters. Officials of Royal Dutch Shell have held talks in Nigeria's southern city of Port Harcourt with representatives for the Bodo community on compensation and clean-up five years after major oil spills devastated parts of the Niger Delta. The two oil spills that started in 2008 led to the largest loss of a mangrove habitat ever caused by a spill, affecting about 30,000 people in the Niger Delta area since then, according to London-based law firm Leigh Day. "These people, since 2008 they are living on a creek of oil. You step out of the front door you see oil, breathe in oil...
(Daily Trust 09/11/13)
The International Criminal Court (ICC) has cleared Nigeria of any charge on its failure to arrest President Omar Al-Bashir of Sudan in July when he attended the African Union (AU) summit on HIV/AIDS, Tuberculosis and Malaria in Nigeria. In a statement from the foreign affairs ministry, the Pre-Trial Chamber of the International Criminal Court (ICC), presided over by Justice (Judge) Ekaterina Trendafilova has ruled that Nigeria has justifiable reasons for its failure to arrest President Al-Bashir of Sudan in Nigeria during the visit. The judgement of the ICC entitled "Decision on the Cooperation of the Federal Republic of Nigeria Regarding Omar Al-Bashir's Arrest and Surrender to the Court" was delivered on September 5 and forwarded to the next day. In...
(Voice of America 09/11/13)
KADUNA, NIGERIA — Ten years after Nigeria adopted international prohibitions on child labor into law, millions of children in the country are still engaged in child labor activities. The International Labor Organization estimates that about 25 percent of Nigeria’s 80 million children under the age of 14 are now in the work force. Most of the children are involved in domestic work such as cooking, gardening, collecting water, caring for other children and household cleaning. Amina, 13, is one of them. Her father died when she was 10 and her mother gave her away when it became impossible for her to maintain a household in the northern city of Kano. Amina now works there as a household helper. Talking about...
( 09/11/13)
Transactions on the Nigerian Stock Exchange, NSE, on Wednesday ended on a positive note when compared with the previous day as the All Share-Index, ALSI, appreciated by 146.53 points or 0.41 percent to close at 36,259.65 points from the 36,113.12 points recorded on Tuesday. Similarly, the market capitalisation equally gained N47 billion or 0.41 percent as it closed at N11.545 trillion as against the Tuesday’s closing figure of N11.498 trillion. Nestle Nig. Plc topped the gainers chart gaining N8.99k to close at N938.99k per share, while Nigerian Breweries came second with a gain of N3.00 to close at N165.00 per share. Guinness share price appreciated by N2.49k to close at N247.50k. Others on the chart are Champion Breweries, which gained...
(The Sun 09/11/13)
Federal Government yesterday threatened to reduce commercial banks’ access to public sector deposits if their poor lending to agriculture and mineral resources sectors of the economy was not improved. Issuing the threat at the opening of the 7th Annual Banking and Finance Conference of the Chartered Institute of Bankers of Nigeria (CIBN) in Abuja, President Goodluck Jonathan also said the banks were not doing enough to support the real sector despite several policies and measures that had been put in place to create enabling environment for them to thrive over the years. According to him, for the Central Bank of Nigeria’s (CBN’s) intervention through financial intermediation support such as the Commercial Agricultural Credit Scheme (CACS) and Nigerian Incentive-based Risk Sharing...
(Punch 09/11/13)
Contrary to the recent drop in the value of the nation’s external reserves, the Central Bank of Nigeria on Monday dismissed claims that the reserves were experiencing sharp decline, adding that the current value of $46bn showed that the fundamentals of the economy remained strong. The CBN Governor, Mr. Lamido Sanusi, said this at the opening ceremony of the regional course on reserves and foreign exchange management. The course, which was organised by the West African Institute for Financial and Economic Management, was targeted at how foreign reserves could be optimised to generate income. Sanusi, who was represented by the Deputy Governor, Operations, CBN, Mr. Tunde Lemo, said, “Nigeria’s foreign reserves have not been declining; our reserves level is about...
(National Mirror Online 09/11/13)
At least 98 Nigerians were early yesterday deported from Tunisia for immigration offences. The deportees were brought into the country through the Murtala Mohammed International airport, MMIA, Lagos at about 12.32am. Among the deportees were two infants of five months and 14 months old, 12 teenagers, 13 young women and 61 young men. Seventy-seven of the deportees were from Edo State, eight from Delta State, three from Imo and Lagos States while Kano and Plateau States had two and one returnees respectively. The deportees were earlier expected into the country at 3:05pm on Monday, but their arrival was delayed till the early hours of yesterday. The deportees were brought into the country through Nouvel Air Airbus 320-214 with the registration...

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