Tuesday 22 August 2017
(Reuters (Eng) 07/10/13)
ABUJA — A Nigerian court sentenced four members of Islamist sect Boko Haram to life imprisonment on Tuesday for their role in three deadly attacks carried out with industrial explosives near the capital Abuja in 2011. Another Boko Haram militant was given 10 years while a sixth was freed for lack of evidence. All were tried under criminal laws predating a 2011 Terrorism Prevention Act that prescribes the death penalty. Boko Haram has been fighting since 2009 for an Islamic state in religiously mixed Nigeria. The insurgency has left more than 3,000 dead, rights groups say, and is seen as the number one security threat to Africa's leading energy producer. Judge Billisu Aliyu sentenced Shuaibu Abubakar, Salisu Ahmed, Umar Babagana-Umar...
( 07/10/13)
As policy somersault has been one of the major challenges investors in agribusinesses face, Akinwunmi Adesina, minister of agriculture, has moved to ensure the sustainability of the Jonathan administration’s Growth Enhancement Support (GES) scheme. To this effect, Adesina recently presented a bill calling for the act of the National Assembly on GES, one of the means designed to lift poor farmers in Nigeria out of poverty. The response at the House of Representatives’ public hearing on the draft bill to make a law to sustain the GES scheme introduced under the present administration’s Agricultural Transformation Agenda (ATA) received massive support. In a statement by Olukayode Oyeleye, special media assistant to the agric minister, the support expressed by stakeholders and the...
(Bloomberg 07/10/13)
The African Development Bank is planning to raise as much as $1.5 billion in local-currency bonds in Nigeria and Zambia to finance infrastructure projects as emerging-market bond yields rise on speculation the Federal Reserve will reduce economic stimulus. The Tunis-based AfDB, which gives money to African governments for projects in areas such as roads, ports and energy, is completing the planned size of the medium-term note programs and is in talks with authorities in the two countries, Olivier Eweck, financial technical services manager in the bank’s treasury department, said in an interview from the Tunisian capital on July 5. “Before the end of the month we would have made up our minds on the numbers,” he said. The Nigerian issues...
(National Mirror Online 07/10/13)
Police authorities in Kano State have deployed plainclothes personnel to some prominent and high profile schools in the state to protect them against attack by Boko Haram gunmen. This is even as the military has boosted their surveillance on Kano with vehicular patrol to beef up security in the city that is just recovering from the Boko Haram threat. National Mirror learnt from the Bompai Headquarters of the police yesterday that the apprehension over the recent attack in Yobe State and a similar one earlier in Gombe State, where students and teachers were killed, had prompted the security agents to change their strategy in the city through the police and military-led Joint Task Force, JTF. On Saturday, Nigerians woke up...
(This Day Live 07/10/13)
The Federal Government has been advised to commence the allocation of 10 per cent of its annual budget to the agricultural sector in order to boost food production in the country. The News Agency of Nigeria (NAN) quoted the Deputy Country Director, Actionaid Nigeria, a Non-governmental Organisation (NGO), Mrs. Ifeoma Charles-Monwuba to have said this in Abuja. She said the call was in line with the objectives of the Comprehensive Africa Agricultural Development Programme (CAADP) created by the African Union (AU) to drive economic integration. Charles-Monwuba said Nigeria and other African countries were yet to meet CAADP’s commitment of allocating 10 per cent of their annual budgets to agriculture, “in spite of Nigeria’s ongoing implementation of the Agricultural Transformation Agenda...
(Voice of America 07/10/13)
Only seven of the 53 African Union countries who pledged to commit at least 10 percent of their national budgets to investment in agriculture in 2003 have reached that goal. Aid organizations say that investment in agriculture is key to breaking the cycle of food insecurity and crisis in West Africa. As the declaration approaches its 10th anniversary on Wednesday, the aid groups are calling on AU countries to renew their commitment to the Maputo Declaration. In 2003, 53 African heads of state agreed to allocate at least 10 percent of their national budgets to investment in agriculture and livestock by July 2008. Ten years later, only seven countries - Burkina Faso, Niger, Guinea, Senegal, Mali, Malawi and Ethiopia -...
(National Mirror Online 07/10/13)
President Goodluck Jonathan yesterday forwarded the names of eight ambassadors to the Senate for screening and confirmation as ambassadors to serve in some of the nation’s foreign missions. The nominees included seven career and one none career ambassadors. The career nominees are; Mr. O.F Muoh (Imo); Mrs. T.J Chinwuba-Akabogu (Anambra); Mr. Adamu Emozozo (Edo); Mr. A. Echi (Benue); Mrs. G.M. Quist-Adebiyi (Lagos); Mr. M. Dauda (Borno); Mr. Hakeem O. Sulaiman (Ogun) while Dr. Bolere Ketebu (Bayelsa) is the only none career nominee. In the letter, dated July 4 and read by the Senate President, Senator David Mark, President Jonathan said the nominations were in accordance with section 171(1) (c) sub-section 4 of the 1999 Constitution. The President also requested the...
(National Mirror Online 07/10/13)
Lagos State Governor, Babatunde Fashola, yesterday said he might become a teacher after his second term expires on May 29, 2015. Fashola said his passion for teaching would make him go to the classroom after handing over power to a successor. The governor said this at the State House in Alausa when he received pupils and teachers of Corona Nursery School on a courtesy visit. Fashola, who said he was driven by passion to assist people to learn through teaching, also advised the pupils to be security conscious in and out of the school premises. He said: “We all didn’t choose to be teachers. And we decided to do something else. In spite of that, I think that in the...
(Dw-World 07/10/13)
Nigiera's security forces are enlisting untrained young men armed with machetes and sticks for their fight against Islamists. These vigilantes could be hard to control and give the spiral of violence another twist. Police in Maiduguri, capital of Borno State in northern Nigeria, say they have teamed up with a vigilante group Civilian JTF in order to rid the city of terrorism. JTF is a play off the acronym for Joint Task Force of the Nigerian police and military charged with defeating the Islamist insurgency. The vigilante group and the regular security forces want to stop suspected members of the Islamist militant sect Boko Haram from returning to the capital from where they were expelled in an army offensive in...
(National Mirror Online 07/10/13)
The Senate yesterday commenced debate on the draft bill for the amendment of the 1999 constitution, with most senators kicking against the proposed single six-year tenure for president and governors. Indeed, all the 21 senators who spoke on the draft bill opposed the proposal. “Six-year single tenure does not represent the interest of Nigerians. A single term could lead to ulterior motive by those in government. It will distort everything. It will aid the looting of treasuries. Nigerians are totally against it,” Senator Abdulmumini Hassan said in his contribution. Senator Adamu Gumba also said that the single tenure proposal should be rejected because it is going to encourage corruption. Senators also disagreed with members of the House of Representatives on...
(This Day Live 07/10/13)
Chairman, Presidential Amnesty Committee on Dialogue and Peaceful Resolution of the Security Challenges in the North, Alhaji Kabiru Turaki, Tuesday defended the ceasefire agreement signed with Boko Haram, saying the federal government interacted with authentic members of the Islamic militia. Turaki, who also doubles as Minister of Special Duties, had on Monday announced that the federal government had signed a ceasefire agreement with the sect amid growing criticism over the weekend killing of 30 boarding students and two others by suspected Boko Haram members. He spoke while responding to THISDAY enquiries just as the Federal High Court Tuesday in Abuja convicted and sentenced four members of the sect to life imprisonment for their role in the April 8, 2011 bombing...
(This Day Live 07/09/13)
President Goodluck Jonathan’s five-day state visit to China is not a business trip as being insinuated in some quarters, the presidency has said. Contrary to speculations that it was a junket, the trip, which will include 13 ministers on the president’s entourage, was described by the Special Adviser to the President on Media and Publicity, Dr. Reuben Abati, as being in the strategic national interest of the country. Abati told journalists shortly before the president left the country Monday that: “China is a very important country. China is the largest market in the world with its 1.35 billion people. “China is also the world largest creditor nation and the largest importer and exporter of goods. “It is a also large...
(This Day Live 07/09/13)
The United Kingdom Government is finalising plans to designate Boko Haram, whose activities have been outlawed in Nigeria, a terrorist organisation. Also to be affected by the impending ban, which is coming two days after suspected members of Boko Haram killed 32 people in an attack on Government Secondary School, Mamudo, in Yobe State, is a British-based Islamist extremist group, Minbar Ansar Deen, also known as Ansar al-Sharia UK. The killing of 30 students, a teacher and resident of Mamudo elicited more reactions Monday as the ruling Peoples Democratic Party (PDP), a faction of the Nigeria Governors’ Forum (NGF), led by Plateau State Governor, Chief Jonah Jang, Ekiti State Governor, Dr. Kayode Fayemi, and the Jama'atu Nasril Islam (JNI) condemned...
(Bloomberg 07/09/13)
The African Development Bank is planning to raise as much as $1.5 billion in local-currency bonds in Nigeria and Zambia to finance infrastructure projects as emerging-market bond yields rise on speculation the Federal Reserve will reduce economic stimulus. The Tunis-based AfDB, which gives money to African governments for projects in areas such as roads, ports and energy, is completing the planned size of the medium-term note programs and is in talks with authorities in the two countries, Olivier Eweck, financial technical services manager in the bank’s treasury department, said in an interview from the Tunisian capital on July 5. “Before the end of the month we would have made up our minds on the numbers,” he said. The Nigerian issues...
(Voice of America 07/09/13)
Britain's government says it will ban membership in the Nigerian Islamist radical group, Boko Haram, under its anti-terrorism laws. Britain's Home Office says it is adding the group to its list of outlawed organizations, a move that will make it a criminal offense in Britain to belong to or support the group. The step must be approved by parliament before it can take effect. Boko Haram has been blamed for many attacks across Nigeria since 2009, including one on Saturday in which gunmen massacred at least 30 people at a boarding school. Survivors of the attack in Yobe state say the assailants set buildings on fire and then shot students as they tried to escape. Yobe Governor Ibrahim Geidam said...
(Voice of America 07/09/13)
Nigeria’s Northern Elders Forum (NEF) has condemned an attack in Yobe state in which suspected Islamist gunmen killed at least 30 people at a boarding school over the weekend. A prominent member of the Elders Forum, Ango Abdullahi, said the group will meet this week to develop plans to assist the Yobe state’s administration following the massacre. “We are urging very strongly that in this kind of situation all means possible should be pursued to end this [security] crisis,” said Abdullahi. Yobe state’s governor, Ibrahim Geidam, ordered all schools in his jurisdiction closed down until September while authorities set up new procedures to better protect students and teachers. Some officials blame radical Islamic sect, Boko Haram, for the massacre. The...
(National Mirror Online 07/09/13)
The Presidency yesterday dismissed insinuations that President Goodluck Jonathan’s five-day state visit to China was a junket or intended to spite United States President, Barrack Obama for refusing to visit Nigeria during his recent trip to Africa. Special Adviser to the President on Media and Publicity, Dr. Reuben Abati, told State House correspondents before Jonathan departed the country yesterday that the visit to the Asian country was to attract Direct Foreign Investments. He explained that China is the largest market in the world with its 1.35 billion people and also the world’s largest creditor nation and large consumer of primary commodities, including crude oil, stressing that after the US, China is the largest importer of crude oil from Nigeria. Abati...
(Bloomberg 07/09/13)
Nigeria, Africa’s top oil producer, is trying to reverse years of neglect of its farming industry and push agriculture as its “new frontier for growth” because it can no longer depend on oil to drive its economy. “The transformation of agriculture in Nigeria is a centerpiece of the economic transformation agenda of my government,” President Goodluck Jonathan said today at a conference in Abuja, the capital. “The recent discovery of shale oil and gas means we can no longer depend solely on oil to drive the economy.” Oil has dominated the economy since the 1970s, now making up 95 percent of export earnings and 80 percent of government revenue. Agriculture has shrunk by more than 40 percent, making Africa’s most...
( 07/09/13)
The Federal Government’s plan to reduce fish importation into the country by 25 percent per annum via quota, or by significantly increasing duties on the commodity, so as to reduce imports, has many pitfalls and does not appear to have been well thought out, some indudustry stakeholders say. “A ban or increased duty on fish will cause severe shortages which will compound the current 2.6 million tons shortfall in Nigeria, even after 600,000 tons of local production,” one Lagos-based analyst said. Government’s plan may also not have taken into consideration, the fact that many fish species, such as Mackerel (Titus), Herring (Shawa) Horse Mackerel (Kote) and Blue Whiting (Panla), which it seeks to substitute, cannot grow well in Nigeria, Businessday...
( 07/09/13)
At the current price of N67, retail investors at the Nigerian Stock Exchange (NSE) have moved to book profit on the shares of GlaxoSmithKline Nigeria plc, BusinessDay investigations have shown. This move resulted as UK based GlaxoSmithKline (GSK Plc) offers to pay less that the current market value, by offering N48 per share if approved by regulators. Retail investors’ decision to book profit now, results as they envisage a repeat of the Nigerian Bottling Company (NBC) deal scenario also playing out in the case of GlaxoSmithKline. This could partly be as a result of the time lag between the announcement and the execution of the deal. In November, when the deal was announced, the GSK stock was at N39.38, reflecting...

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