Sunday, 20 December 2015

MTN Drags FG, NCC To Court Over $3.9b Fine

MTN Drags FG, NCC To Court Over $3.9b Fine

Telecommunication company, MTN has dragged the federal government and the Nigeria Communications Commission (NCC) before the Federal High Court in Lagos, challenge the $3.9billion sanction imposed on it by the NCC.

MTN is urging the court to quash the fine because the NCC does not have the constitutional power to impose such a fine on it.

 It will be recalled that NCC had in October this year slammed the South African telecoms giant with a fine of $5.2billion for allegedly failing to disconnect unregistered subscribers and prescribe a deadline of December 31, 2015 for payment of the said fine.

The commission later reduced the initial fine by 25 per cent to $3.9billion earlier this month, with a payment deadline set for December 31.

However, MTN through its team of lawyers namely:  Chief Wole Olanipekun (SAN), Tanimola Molajo (SAN), A.B, Mahmoud (SAN), Dr. Gbolahan Elias (SAN), Oladipo Okpeseyi (SAN): Prof. Fabian Ajogwu (SAN), Dr. Oladapo Olanipekun (SAN) through an originating summons, is challenging the powers of NCC to impose the fine on it.

According to MTN the NCC being a regulator, cannot assume all the functions of the state on its own, considering the fact that they made the regulation, prescribed the penalty and imposed the fine, payable to the commission and not the federal government.

The telecoms company also claimed that it was not afforded its constitutional right of fair hearing before a court of competent jurisdiction and more importantly, it had not been found guilty of any offence that will warrant it to pay such outrageous fine.

MTN further maintained that the sanction imposed on it by NCC was within 24 hours of its written submission on the disconnection exercise and the impractical nature of the NCC deadline.

It claimed that the deadline of seven days to disconnect 5.2 million subscribers was grossly inadequate and impracticable, the telecoms company said the deadline to disconnect 5,200,000 subscribers was unfair and ran contrary to the requirement to give adequate notice to the subscribers and all operators.

The company accused the regulatory agency of acting  as a legislator, executor, accuser, prosecutor, judge and beneficiary of the penalty imposed and tthat the sanction (N200,000 per SIM) imposed on it was excessive.

MTN insisted that the fine imposed on it, till date, is the highest fine ever imposed on a telecommunications company in the world, wondering if the fine is truly commensurate to the purported breach and if would not this frustrate the business of the company in Nigeria.

Sued alongside the NCC is the Attorney General of the Federation (AGF), and Minister of Justice.

MTN wants to court to determine whether having regard to the clear and unambiguous provisions of sections 1 (3), 4 and 6 of the 1999 Constitution(as amended), if the regulatory agency can validly exercise section 70 of the NCC Act in a manner that encroaches on the exclusive legislative powers of the National Assembly, as well as the judicial powers of the courts established under the Constitution?

It also stated that further to, and having regard to the express tenor of sections 1 (2) 4 and 6 of the Constitution when read together with section 70 of the NCC, whether the 1stdefendant’s promulgation of regulations 11, 19 and 20 of its Act (Registration of Telephone Subscribers) Regulations 2011 is not ultra vires its subsidiary rule-making powers and an encroachment on the legislative powers of the National Assembly, as well as the judicial powers of the courts established under the Constitution?

No date has been fixed for the hearing of the suit.

Court Orders Stanbic IBTC Bank to Pay Ex-Bank Chief, Others N4.5 billion For Breach Of Contract

Court Orders Stanbic IBTC Bank to Pay Ex-Bank Chief, Others N4.5 billion For Breach Of Contract

Justice John Tsoho of the Federal High Court in Lagos has ordered Stanbic IBTC Bank Plc to pay a former Group Managing Director of Afribank Nigeria Plc, Patrick Olayele Akinkuotu and his company, Longterm Global Capital Limited the sum of N4.5 billion for breach of contract.

The judge also ordered Stanbic IBTC and the second defendant in the case Starcomms Plc to pay interest of 10 percent on the sum per annum until the date of final liquidation.

The court also declared that the 100 million units of Starcomms’ share sold to the plaintiffs through private placement in 2008 were improper, invalid, null and void and were hereby set aside.

Akinkuotu and his company had dragged the bank and Starcomms before the court in 2012 alleging that the Stanbic IBTC deliberately misled them into buying shares of the second defendant by misrepresenting facts and issuing false documents.

Other plaintiffs in the suit are: Mrs. Oluyinka Akinkuotu and Lakeside Mews Limited.

According to the suit, which was filed by the plaintiffs’ counsel, Chief Felix Fagbohungbe (SAN), in April, 2008, the bank through one of its officers, Akintayo Mabeweji proposed to sell shares of Starcomms to the plaintiffs by way of private placement.

That the bank gave the plaintiffs an Investment Letter dated April 24, 2008, bearing the names of Stanbic IBTC and another company, Chapel Hill Advisory Partners Limited as Joint Issuing Houses and that the Investment Letter and the Form of Commitment were represented by the bank as the only placement documents which target or prospective investors were expected to rely on before they made their unfettered independent investment decisions in respect of the placement.

That based on these, each of the plaintiffs were committed to purchase 25, 000, 000 units of Starcomms shares and promptly complied with the instructions of the bank.

That on July 24, 2012 the plaintiffs received two separate investigation letter from the Securities and Exchange Commission (SEC) which raised several issues in respect of the private placement and upon enquires the plaintiffs discovered that the authentic and final document prepared and submitted to the SEC by the defendants was a Private Placement Memorandum dated May 5, 2008 and not the one given to them.

The plaintiffs averred that they were actually indued and misled by the representation which were deliberately made by Stanbic IBTC Bank Plc which made them applied and paid for Starcomms shares.

In its defence, the bank challenged the jurisdiction of the court to entertain the suit and that it should be dismissed because it was frivolous and vexatious.

The bank also argued that its did not conceal any material information in order to induce the plaintiffs to offer to participate in the private placement.

The bank also state that the plaintiffs never asked for the Private Placement Memorandum or for any information relating to the business management and financial position of the second defendant.

However, in his Judgement, Justice Tsoho agreed with the plaintiffs that the defendants deliberately concealed useful information which may have assisted the plaintiffs to reach a more informed decision.

He therefore declared that the plaintiffs are legally entitled to rescind the four Forms of Commitment for 100 million units of Starcomms’ shares which were subsequently manipulated by Stanbic IBTC Bank and were inproperly and unlawfully treated as three valid applications for subscriptions and parchases under the private placement exercise.

The court also ordered the second defendant to cancel forthwith from its register of shareholders the names of the plaintiffs.

Wednesday, 16 December 2015

Houston man charged after shutting down expressway for marriage proposal

Houston man charged after shutting down expressway for marriage proposal


Obstruction of a highway is a misdemeanor
It's punishable by up to six months in jail

Love can make you do some pretty crazy things. Bringing a major interstate in downtown Houston to a standstill probably shouldn't be one of them.

Vidal Valladares, 24, has been charged with obstruction of a highway, a misdemeanor, for shutting down I-45 on Sunday to propose to his girlfriend, the Harris County District Attorney's Office said. The misdemeanor is punishable by up to six months in jail.

"I'm feeling bad and, of course, I just wanted to apologize to everyone if I caused any problems," Valladares told CNN affiliate KTRK. "That wasn't my intention in the beginning. I just wanted to do something different."

His 23-year-old girlfriend Michelle Wycoff said, "Yes." The wedding is in March.

Valladares posted a picture of him popping the question on Instagram.

"When you shut down one of the biggest and busiest freeways in the entire country (I45) and you ask your girl if she wants to marry u, That moment is priceless love.

Romatic, but ...

The people of Houston weren't quite as enamored with the stunt, especially those stuck in traffic behind the prenuptial roadblock.

Horns can be heard blaring on the proposal video.
Social media took Valladares to task too, celebrating the charge filed against him.

"Good. I can think of at least 10 applicable laws broken," Kaitlyn Kaufman said on Facebook.

"That was dumb and dangerous and there are far more creative ways to propose," said Amanda Murff, "and attention seekers are annoying as hell."

Tia Leigh Sembera was a bit more understanding, but only a bit.

"While it's sweet, it's selfish and rude. He completely disregarded other people's lives," she said. "What if there was a woman in labor, someone driving to the er, someone trying to get to a wedding of their own, an interview, ANYTHING ...? You can't just stop a busy highway to be romantic. That's silly ..."

Friends and family stop traffic

Valladares had a few accomplices in his endeavor. Friends and family in eight cars blocked traffic so he could pull it off, KTRK reported.

Why I-45 in downtown Houston? That's Wycoff's favorite view of the city. Valladares wanted the setting to be perfect.

"Love makes you do stupid things and I wanted to do something big for my girl," Valladares said. "Something that she will always remember."

Monday, 14 December 2015

2012 Fuel Subsidy Protest: Court Jails Killer Cop 15 years For Manslaughter

2012 Fuel Subsidy Protest: Court Jails Killer Cop 15 years For Manslaughter


Three years after he murdered Ademola Daramola, a protester during the 2012 fuel subsidy protest in Lagos, former Divisional Police Officer (DPO), Segun Fabunmi was on Monday sentenced to 15 year imprisonment by a Lagos State High Court in Igbosere. 

The trial judge, Justice Olabisi Akinlade jail Fabunmi for ten years for manslaughter and another five years for shooting three other persons, Alimi Abubakar, Egbujor Samuel and Chizorba Odoh, during the protest, causing them grievous bodily harm.

According to the judge both sentences are to run concurrently.

Fabunmi, of No. 12 Oyewole Street, Ogudu, Lagos, was arraigned on May 5, 2013 by the Lagos State government on a seven-count charge bordering on murder, attempted murder and causing grievous bodily harm.

At the time of the incident, the defendant was the DPO of Pen Cinema Police Station, Agege and had led out his men to Yaya-Abatan area of Ogba following intelligence report that there was a disturbance in that area.

In her judgment, Justice Akinlade agreed with the defendant that there was indeed a mob at the scene of the incident, but concluded that he gave conflicting testimonies on whether or how an attempt was made to snatch his AK47 rifle and who fired the weapon.

The learned judge also rejected the defence counsel's argument that the shooting was the result of an accident when the defendant struggled with the mob to retain possession of his rifle.

Relying on the witnesses testimonies and all the evidence tendered, the judge held, "The only conclusion that can be drawn is that the defendant recklessly shot his rifle and in the process the bullet hit the deceased. He definitely knew that shooting an AK47 can cause grievous bodily harm to anyone the bullet hit.

"The fact that he was on a lawful duty did not mean that he should have shot his gun sporadically," She held.

The court further held that the prosecutors, Lagos State Director of Public Prosecution (DPP) Mrs. Idowu Alakija and Assistant Director Mrs. Abiola Adeyinka, satisfactorily proved the offence of murder but that the evidence provided by the defence team led by George Oguntade (SAN) availed the defendant of the defence of provocation, resulting in the lesser charge of manslaughter.

The judge held, "The defence of provocation will avail the defendant. It is evident that there was no time for his passion to cool before the gun was fired."

Ade, a fashion designer, was shot around 9am on January 9, when the defendant led a patrol  team comprising five junior officers to Yaya-Abatan and Abeokuta Streets around Ogba area of Lagos.

Saturday, 12 December 2015

$2.1bn NSA Fund: Dasuki, Yuguda, Bafarawa to be Arraigned Monday

$2.1bn NSA Fund: Dasuki, Yuguda, Bafarawa to be Arraigned Monday


The Federal Government will on Monday arraign the immediate past National Security Adviser (NSA), Col. Sambo Dasuki (rtd), former Governor of Sokoto State, Attahiru Bafarawa, for Minister of State for Finance, Bashir Yuguda, former Director of Finance in the Office of the NSA, Mr. Shuaibu Salisu and five others for alleged misappropriation of funds meant for arms deal.
THISDAY gathered that the trial of accused persons has been slated to commence on Monday to determine their level of culpability in the $2.1 billion arms deal, said to be disbursed from the Office of the NSA (ONSA).
Further findings made available to some journalists yesterday listed the other five involved in the matter to include a former Executive Director of NNPC, Aminu Baba Kusa, Sagir Attahiru, Dalhatu Investment Limited, Acacia Holdings Limited and Reliance Referral Hospital Limited.
Also listed as expenditures in the alleged $2.1 are: N13.570 billion “agreement” between Dasuki and the ex-Director of Finance; transfer of N1.45billion to Acacia Holdings Limited’s account for special prayers; N2.1billion given to DAAR Investment and Holding Company Limited for publicity; N170million for a four-bedroom duplex; N380million to support re-election of members of the House of Representatives; and N750million paid into Reliance Referral Hospital Limited’s account for special prayers; N670million paid to a publisher; N260million transferred to Tony Anenih and N345million traced to a former President of the Senate, Sen. Iyorchia Ayu.
According to sources from the Economic and Financial Crimes Commission, the Special Assistant on Domestic Affairs to ex-President Goodluck Jonathan, Hon. Waripamowei Dudafa, was said to be on the run.
Meanwhile, all the suspects have been divided into two groups for trial before Justice H.Y. Baba and Justice Peter.O. Affen of the FCT High Courts.
Those in the first group with a 19-count charge are: Dasuki , his erstwhile Director of Finance,Shaibu Salisu, Aminu Baba Kusa, Acacia Holdings Limited and Reliance Referral Hospital Limited, while Yuguda and Bafarawa belong to the second group
Part of the charges read: "That you Col. Mohammed Sambo Dasuki whilst being National Security Adviser and Shaibu Salisu, whilst being the Director of Finance and Administration in the Office of the National Security Adviser and Hon. Waripamowei Dudafa (now at large) whilst bring Senior Special Assistant , Domestic Affairs to the President on or about 27th November within the jurisdiction of this Honourable Court entrusted with dominion over certain properties to wit: the sum of N10billion being part of the funds in the account of the National Security Adviser with the CBN, the equivalent of which sum you received from the CBN in foreign currencies to wit: $47million and €5.6million Euros committed criminal breach of trust in respect of the said property when you claimed to have distributed same to the Peoples Democratic Party(PDP) Presidential Primary Election delegates and you thereby committed an offence punishable under Section 315 of the Penal Code Act, Cap 532, Vol.4, LFN 2004.


Imo, Kogi, Ogun top Federal Civil Service employ – DG BPSR

Imo, Kogi, Ogun top Federal Civil Service employ – DG BPSR



The Director General, Bureau of Public Service Reforms (BPSR), Dr. Joe Abah, on Friday, disclosed that no fewer than 89, 511 civil servants are in the Federal Government’s employ, across States of the federation.
Abah, in a series of tweets via his Twitter handle, @DrJoeAbah said that as at November 2015, States that topped the chat with most civil servants in the Federal Civil Service are Imo (5825), Kogi (5186), Ogun (4669) Delta (4419) and Akwa-Ibom (4416).
In percentage, Imo State makes up ( 7 %), Kogi (6 %), Ogun (5% ), Delta (5%) and Akwa Ibom (5%).
According to Abah, the Federal Civil Servants by State of Origin read thus:
1. Abia 3579
2. Adamawa 1727
3. Akwa Ibom 4416
4. Anambra 3576
5. Bauchi 1172
6. Bayelsa 957
7. Benue 3951
8. Borno 1822
9. Cross River 2681
10. Delta 4419
11. Ebonyi 865
12. Edo 3890
13. Ekiti 2613
14. Enugu 2695
15. FCT 533
16. Gombe 1218
17. Imo 5825
18. Jigawa 675
19. Kaduna 3199
20. Kano 1545
21. Katsina 1237
22. Kebbi 875
23. Kogi 5186
24. Kwara 2537
25. Lagos 2180
26. Nasarawa 1452
27. Niger 2193
28. Ogun 4669
29. Ondo 3393
30. Osun 3321
31. Oyo 3244
32. Plateau 2542
33. Rivers 1675
34. Sokoto 732
35. Taraba 1112
36. Yobe 744
37. Zamfara 543
Not Specified: 518
“The total nominal roll as at November 2015 is 89,511,” Abah added.


Friday, 11 December 2015

Court to deliver judgement on Ben Bruce dual citizenship and allegiance to US Dec 17

Court to deliver judgement on Ben Bruce dual citizenship and allegiance to US Dec 17


A Federal High Court sitting in Abuja will on December 17, 2015 deliver judgement on whether Senator Ben Murray Bruce, having sworn an oath of allegiance to the United States of America, is qualified to be called, and occupy the office of a Senator of the Federal Republic of Nigeria.

Justice Abdul Kafarati, the trial judge in an originating summons filed by one of the contestants in the Bayelsa East Senatorial District election, Chief Anthony George Ikoli SAN, has been asked to determine whether a man with a dual citizenship, who swore to an oath repudiating his citizenship of the country of birth can aspire to become a Senator of the same country, particularly Nigeria under section 66 of the constitution of the Federal Republic of Nigeria.

This suit is capable of determining the fate of several Nigerians that has voluntarily acquired citizenship of other countries. It particularly took to task sections 28(1) of the constitution which states thus: “Subject to other provisions of this section, a person shall forfeit forthwith his Nigerian citizenship if, not being a citizen of Nigeria by birth, he acquires or retains the citizenship or nationality of a country, other than Nigeria, of which he is not a citizen by birth”.

Section 66(1)(a) provides thus: “No person shall be qualified for the election to the Senate or the House of Representatives if, subject to the provisions of section 28 of this constitution, he has voluntarily acquired the citizenship of a country other than Nigeria or, except in such cases as may be prescribed by the National Assembly, has made a declaration to such a country”.

Also before the court is the “Naturalization oath of allegiance to the United States of America which states thus: “I hereby declare, on oath, that I absolutely and entirely renounce and abjure all allegiance and fidelity to any foreign prince, potentate, state, or sovereign, of whom or which I have heretofore been a subject or citizen; that I will support and defend the constitution and laws of the United States of America against all enemies, foreign and domestic; that I will bear true faith and allegiance to the same; that I will bear arms on behalf of the United States when required by the law; that I will perform noncombatant service in the Armed Forces of the United States when required by the law; that I will perform work of national importance under civilian direction when required by the law; and that I take this obligation freely, without any mental reservation or purpose of evasion; so help me God”.

Gavel International had exclusively reported in June, 2015 that the dual citizenship of Mr Murray Bruce may become a subject of litigation.

Chief George – Ikoli SAN has approached the Federal High Court to determine the issue of Bruce dual citizenship and the naturalization oath of allegiance he swore to the US. Chief George- Ikoli is the first Senior Advocate of Nigeria from Bayelsa State. He is also the grandson of foremost nationalist, Ernest Ikoli, and the immediate past Attorney General of the state under the governorship of Timipre Sylva.

Bayelsa East Senatorial district comprises of three local governments namely Brass, Nembe, and Ogbia Local governments. Four people contested for the senatorial slot. They are Bruce, George-Ikoli, Madam Irene Digitemi, and Mr Nelson Belief. The leadership of the PDP at the state had allegedly prevailed upon other candidates to step down for Bruce on account of his closeness to President Goodluck Jonathan.

The Originating Summons filed before the Court by Chief George-Ikoli seeks the court to determine the following issues:

Whether having regard to the combined provisions of Sections 66(1)(a) and 28(1) of the constitution of the Federal Republic of Nigeria (as amended), an aspirant for the elective office of the Senator of the Federal Republic of Nigeria, who whilst voluntarily acquiring the citizenship of another country (that is the United States of America) and in the process of which he (the aspirant) declares on oath, the absolute and entire renunciation of citizenship of and allegiance and fidelity to Nigeria can without more be eligible and seek election to the office of Senator of the Federal Republic of Nigeria;

Whether an aspirant to the elective office of the Senator of the Federal Republic of Nigeria, who has declared under oath, that “he will support and defend the constitution of the United States of America, and he absolutely and entirely renounces and abjures all allegiance and fidelity to every prince, potentate, state or sovereignty, (including the Federal Republic of Nigeria) of whom or which he was heretofore a subject or citizen” is eligible by the clear provisions of the constitution of the Federal Republic of Nigeria 1999 (as amended);

Whether a citizen of the United States of America whose citizenship is voluntarily acquired by subscription to the “Naturalization Oath of Allegiance to the United States of America” and which oath absolutely and entirely abjures allegiance to a foreign prince, potentate, state or sovereignty, of whom or which he was heretofore a subject or citizen is eligible by the plurality of the provisions of the constitution of the Federal Republic of Nigeria (as amended) to contest for the elective office of Senator of the Federal Republic of Nigeria;

Whether the third defendant is not wrong to accept the nomination of the first defendant by the second defendant as its nominee for election to the office of Senator representing Bayelsa East Senatorial District at the forth coming 2015 National Assembly elections in view of the renunciation of the citizenship of Nigeria by the first defendant’s subscription to the absolute, unconditional and entire oath of allegiance of the United States of America;

Whether the first defendant having voluntarily subscribed to the absolute oath of allegiance to the United States of America and acquired its citizenship is not hereby ineligible to contest for the office of Senator of the Federal Republic of Nigeria; and

Whether the second defendant is not wrong to present the first defendant as its candidate for the election to the office of Senator representing Bayelsa East Senatorial District

In a 15 paragraph affidavit deposed to by Chief George-Ikoli, he alleged that after the primary elections at which he came second, he undertook an independent investigations of the entire process leading to the primaries and discovered that the first defendant had disclosed in the affidavit he deposed to in INEC form C.F 001 that he had voluntarily acquired the citizenship of the United States of America and owes allegiance to that country.

He stated further: “I was shell shocked to know that the third defendant cleared the first defendant to run for Bayelsa East Senatorial District election when it is apparent on the face of the affidavit that he had voluntarily acquired the citizenship of a country other than Nigeria”. He therefore asked the court to declare that the candidature of the first defendant suffers legal disability, and therefore an order disqualifying him from contesting forth coming Bayelsa East Senatorial District elections. The suit which was filed on March 20, 2015 is yet to be assigned to a judge.

However, in a counter affidavit in opposition to the originating summons, Ben Bruce averred that “I am a citizen of the Federal Republic of Nigeria by birth and still remain one despite being naturalized in the United States of America. He further averred that  “no interest of the plaintiff and any of the defendants have been  endangered by my being declared winner of the election and returned as the senator-elect for Bayelsa East Senatorial District”.

Also, in a preliminary objection filed by Ben Bruce lawyer, Chief Bayo Ojo SAN, the defendants stated that the court lacked jurisdiction to entertain the suit and that the “suit as constituted does not disclose any course of action, nay, reasonable cause of action against the first defendant.

In his address, Chief Ojo argued that the combined reading of both sections 28, and 66 of the constitution is to the effect that a “Nigerian citizen (other than a Nigerian citizen by birth) who acquires or retains citizenship of another country (of which he is not a citizen by birth) is disqualified from contesting for the office of Senator of the Federal Republic of Nigeria. Any other interpretation will defeat the intention of the law makers and will bring about manifest absurdity”

But lawyer to George-Ikoli, Mr Dele Adesina SAN insisted that the plaintiff have raised “very concrete, serious, and fundamental constitutional issues bothering on the interpretation of the provisions of the constitution”.

He said: “The plaintiff has complained that there has been an infraction on the mandatory provisions of Section 66 of the constitution and has sought the intervention of this honourable court to remedy the situation; that the first defendant, a citizen of Nigeria b birth and of US by voluntary acquisition breached the provisions of Section 66 when he participated in the second defendants primaries of December 2014; that the third defendant failed to comply with the provisions of the same section when it approved the qualification of the first defendant; and that if the first defendant has been disqualified by the second and third defendants in accordance with section 66, the plaintiff would have been the rightful candidate of the second defendant in the elections, having come second in the primaries”.

Monday, 30 November 2015

Lagos Fails To Arraign ‎Synagogue Church Trustees, Others

Lagos Fails To Arraign ‎Synagogue Church Trustees, Others

The planned arraignment of the of the Registered  Trustees of ‎Synagogue Church of All Nations (SCOAN) and the two engineers that constructed the collapsed six-story building belonging to the church was yesterday stalled due to failure of the Lagos State Government to serve three of the defendants with a copy of the charge.

The state has slammed a 111 count-charge of failure to obtain building approval and involuntary manslaughter on the church, the engineers, Oladele Ogundeji and Akinbela Fatiregun,  Jadny Trust Limited and Hardrock Construction & Engineering Company.

While the names of all the defendants were mentioned in count one, which accused them of failing to obtain building approval contrary to Section 41 of the Urban and Regional Planning law of Lagos state.

The name of the church was omitted in courts two to 111, which accused the defendants of involuntary manslaughter causing death contrary to Section 222 of the criminal laws of Lagos state 2011.

The Lagos State Government had on September 26, 2013 set up a coroner inquest presided over by Chief Magistrate Komolafe to ascertain the cause of the collapsed building, which left about 116 people dead.

Most of the victims of the collapsed building located within the premises of the church, were mostly of South Africa nationality, they were in Nigeria on religious tourism.

It will be recalled that the Coroner recommended that the church should be prosecuted for failing to obtain necessary approval before embarking on the construction of the collapsed building, while its recommended that the two structural engineers be prosecution for criminal negligence.

When the matter came up for hearing on Monday before Justice Lateef Lawal-Akapo of the Lagos State High Court in Ikeja,  the state’s Attorney-General and Commissioner for Justice,  Adeniji Kazeem informed the court that the state has not been able to serve three of the defendants with a copy of the charge.

Kazeem also told the court they could not effect service because they did not have valid addresses for the defendants.

He then said he has filed an application seeking the leave of the court for substituted serve, since the law requires that an accused person must be personally serve with the charge.

The counsel, who represented the Registered  Trustees of ‎Synagogue Church and Jadny Trust Limited, Oluseun Abimbola expressed surprise over the development,  according to him the state has alway served the three defendants in other proceedings before other courts.

Abimbola also said though he is not representing the absence defendants,  he is aware that their addresses are still valid and they can be reach through them.

At this point the judge ask the lawyer if he can furnish the prosecution with a valid addresses of the defendants, to which he answered in the affirmative.

Based on his commitment, Justice Lawal-Akapo directed the lawyer to to help furnish the prosecution with a valid addresses of the 3rd to 5th defendants within 78 hours to enable the prosecution effect service them before the next adjournment.

Before adjourning the case till December 11, 2015, the judge stated that the trial is a sensitive criminal case and that service in any proceeding is fundamental and anything done outside of it is a nullity.

Saturday, 28 November 2015

Fury beats Klitschko to become new world heavyweight champion

Fury beats Klitschko to become new world heavyweight champion


Britain’s Tyson Fury was crowned the new world heavyweight champion on Saturday after a unanimous points win over Wladimir Klitschko, who suffered his first defeat in eleven years.
The 27-year-old Fury was awarded the fight in Duesseldorf 115-112, 115-112 and 116-111 by the judges to take Klitschko’s WBA, IBF, IBO and WBO belts as the Ukrainian suffered his first defeat since 2004.
The new champion celebrate his victory by signing Aerosmith’s “Don’t Want to Miss a Thing” in the ring.
“I want to thank my lord and saviour Jesus Christ for giving me this victory,” said a tearful Fury who has now won all 25 of his professional fights.
“I have worked hard everyday for this moment, it’s a dream come true.”
Klitschko said there is a rematch clause in the fight contract, adding it was too soon to talk about retirement and admitted he was surprised by Fury’s speed despite his towering 2.06m frame.
“I prepared well, but my speed was missing tonight and I didn’t expect the speed from him,” said Klitschko, who turns 40 in May.
“I knew I needed a knock-out at the end,” he added after his fourth professional defeat.
Fury will cash in on the victory regardless of the fight purse having bet £200,000 on himself.

AFP

Appeal Court Sacks Former Senate President David Mark From Senate

Appeal Court Sacks Former Senate President David Mark From Senate

The Benue state division of the Nigerian Court of Appeal sitting in Makurdi on Saturday nullified the election of former Senate President David Mark in a ruling delivered by Justice Olabisi Ige.

The appellate court upheld the six grounds of appeal brought against the judgment of the lower tribunal which had last month affirmed the election of Mark.

In ruling on the appeal brought by Daniel Onjeh, the South Benue Senatorial candidate of the All Progressives Congress, Justice Ige ruled that the election of Mr. Mark was fraught with so many irregularities that it failed all tests of “freeness and fairness”.

In particular, the court noted that Mr. Mark’s election results had been pre-written on March 28 before proper collation and announcement was made on March 30. The appeal panel ruled that a fresh election be conducted in 90 days in the senatorial zone.

Onjeh had on 20 October taken his case to the Appeal court after the election tribunal dismissed his case against Mark, a former president of the Nigerian senate.

Onjeh’ s case was that the victory of Mark for the Benue South Senatorial seat was marred by violence and rigging .

He alleged that INEC officials were compromised and voters financially induced by the PDP agents at the various polling units in the district .

The petitioner also alleged that accreditation of voters was not properly done and claimed that card readers were not used while accreditation did not hold in some polling units.

But the tribunal, led by Mosunmola Dipeolu , a Lagos judge , dismissed the case in its entirety for want of proofs .

In the judgment delivered on Oct 7, 2015 Dipeolu dismissed the petition on the ground that the petitioner failed to discharge the burden of proof placed on him by law .

But in his appeal , Onjeh contended that the tribunal failed to consider and make necessary findings of fact on all the vital issues raised in the petition .

He also averred that the tribunal erred by departing from its earlier decision in a similar case where it declared that collation of votes after declaration and return on certain votes was irregular.

He also said that the tribunal erred by failing to consider his final written address and determine the relevant arguments proffered in it.

The petitioner insisted that the tribunal had miscarried justice in spite of the evidence placed before it .

He, therefore , urged the appellate court to invoke the provision of Section 15 of the Court of Appeal Act and review the evidence in his petition so as to overturn the decision of the lower court .

He is also Nigeria’ s longest -serving senator. He was elected in 1999 , and re -elected in 2003, 2007, 2011 and 2015 . He served as president of the senate for eight years. 

APC picks Yahaya Bello as Audu’s replacement

APC picks Yahaya Bello as Audu’s replacement


After extensive consultations, the All Progressives Congress (APC) yesterday submitted the name of Yahaya Bello as the party’s new candidate for Kogi governorship supplementary poll.
Bello replaces Prince Abubakar Audu, who died last weekend after leading the poll with 41,000.

It was also learnt that the APC has retained Hon. James Abiodun Faleke as the party’s deputy governorship candidate.

Mohammed Audu, the son of the late governorship candidate, was dumped by the party because the party felt that fielding him might vitiate the entire governorship poll in the state.

But the people of Kogi West were mounting pressure on Faleke yesterday not to accept the nomination of Bello.

Although they asked Faleke to withdraw from the race, the deputy governorship candidate was yet to make up his mind on the next step at press time.

Investigation by our correspondent revealed that APC leaders, with the backing of some forces in the Presidency, opted for Bello because he came second in the party’s primaries behind Audu.

It was also gathered that the APC leaders felt there was no way Mohammed Audu could be fielded as a compromise candidate since he was not a candidate in the primaries.

A top source in APC said: “Our leaders met and after consultations reached a conclusion on the choice of Yahaya Bello from Kogi Central as the party’s governorship candidate to substitute the late Prince Abubakar Audu.

“The leaders arrived at the conclusion because Bello was second to Audu at the validly conducted governorship primaries of the party. Instead of running into crisis with fresh primaries, the party opted to dust up the result of the previous one which was witnessed by INEC.

“A letter, signed by the National Chairman of APC, Chief John Odigie-Oyegun, on the choice of Bello has been submitted to the Independent National Electoral Commission (INEC) on Friday.”

Asked of other factors behind the choice of Bello, the top APC leader said: “Our leaders bought into the idea that Faleke is strange to the politics of the state, having had most of his political career in Lagos. They felt it is better for him to learn the ropes in the state before becoming a governor.

“They also argued that the choice of Bello will ensure power shift in the state and since the Ebiras were behind Audu, it won’t be difficult to foster understanding between Kogi East and Kogi Central Senatorial Districts.

“Do not forget that Kogi East had already produced the minister from the state.

“Another important factor is that some of the 91 polling units where elections were cancelled are in Kogi Central, and it will be easier to mobilize the electorate in the district to get the required votes to defeat the PDP candidate, Governor Idris Wada.

“There was also some conspiracy behind the refusal of the ticket for Faleke. Some presidency forces stamped their feet that he must not be allowed to step into Audu’s shoes because of internal power struggles in APC.

“I won’t give you names but the forced were more powerful than Oyegun and other NWC members.”

On the dumping of Mohammed Audu, the source said: “Our leaders were guided by Section 141 of the Electoral Act. If we choose him, the entire election will be voided.

“The section says: ‘An election tribunal or court shall not under any circumstance declare any person a winner at an election in which such a person has not fully participated in all the stages of such election.

“We love the Audus but we cannot take such a big risk. If Wada and PDP go to court, they will win against Mohammed Audu.”
As press time, there was pressure on Faleke by the people of Kogi West to opt out of the race.

A different source said: “There are many options open to Faleke but the people of Kogi West want him to withdraw from the race. If Yahaya Bello gets the ticket, he might be reduced to a dummy deputy governor.

“Unless Faleke can fight his cause in court and claim his mandate, he will be frustrated as a deputy governor. If he quits, the party will have justification for bringing Mohammed Audu and Kogi West will be politically alienated.”

Thursday, 26 November 2015

Kogi East nominates Audu’s son as APC guber candidate

Kogi East nominates Audu’s son as APC guber candidate

Leaders of All Progressives Congress (APC), in Kogi East Senatorial District has nominated Mr Mohammed, 43, first son of Late Prince Abubakar Audu, to replace him as the party’s governorship candidate.

The leaders, stakeholders and delegates who made this known in Lokoja on Thursday after a marathon meeting, said they arrived at the decision after due consultations.
Their spokesman, Mr Daniel Isah, the Vice Chairman of APC in Kogi East, said they have resolved and are determined to back Mohammed to replace his father if the National Working Committee orders fresh primaries.

Isah thanked the Independent National Electoral Commission and the national leadership of the party for the opportunity given to them to find a replacement for Audu who died on Nov. 23 at Ogbonicha, Ofu Local Government.

He appealed to the national leadership of the party to give their decision utmost consideration and approval in the overall interest of the party and the state.

Present at the meeting were Alhaji Lincho Ocheje, Hon. Hassan Omale, Hon. Benjamin Ikhani, and Sen. Emmanuel Dangana, among others.

PDP to INEC: Declare Wada as winner of Kogi election Wada . . . Seeks APC’s exclusion from supplementary poll

PDP to INEC: Declare Wada as winner of Kogi election Wada     . . . Seeks APC’s exclusion from supplementary poll


The national leadership of the Peoples Democratic Party (PDP) has called on the Independent National Electoral Commission (INEC) to declare its candidate, Governor Idris Wada, as the winner of the November 21 governorship election in Kogi State.
The party is also seeking the exclusion of the All Progressives Congress (APC) from the supplementary election slated for December 5. The INEC had declared the election inconclusive following the cancellation of the poll in 91 units across 18 local government areas in the state.
The party’s position was contained in a communiqué issued at the end of its national caucus meeting held in Abuja Wednesday night.
The communiqué, signed by the National Publicity Secretary of the PDP, Chief Olisa Metuh, insisted that with the death of the APC’s candidate, Prince Abubakar Audu , during the election, the APC has legally “crashed out” of the race.
Audu had died on Sunday, while the results of the election were still being collated. He had won in 16 out of the 21 local government areas in the state and leading the PDP candidate with over 41,000 votes.
The INEC has declared the election inconclusive, citing irregularities and violence that led to the cancellation of the election in 91 polling units across 18 LGAs.
The electoral body had declared the election inconclusive and offered to conduct supplementary election in units where the election was cancelled. It had also given the APC a window to field a substitute candidate for the supplementary poll.
But the PDP condemned the INEC’s position, saying no known law or constitutional provision allowed the substituting of candidates, once the ballot process has commenced. The party has threatened to challenge INEC’s decision in court.
“The PDP completely rejects the decision of INEC in yielding to the unlawful prompting of a clearly partisan Attorney General of the Federation (AGF), Mallam Abubakar Malami, to allow APC to substitute a candidate in the middle of an election, even when such has no place in the Constitution and the Electoral Act.
“With the unfortunate death of Prince Abubakar Audu, the APC has no valid candidate in the election, leaving INEC with no other lawful option than to declare the PDP candidate, Capt. Idris Wada, as the winner of the election,” the communiqué said.

Wednesday, 25 November 2015

JAMB rejects Senate’s call for UTME result extension

JAMB rejects Senate’s call for UTME result extension


The recommendation by the Senate that all results for entry into tertiary institutions should last for three years will distort and delay the future of students across the country, the Joint Admission and Matriculation Board has stated.
The organisation therefore said it would be in the interest of the public for stakeholders to answer critical questions regarding such a policy.
The Registrar of JAMB, Prof. Dibu Ojerinde, said this in Abuja during the opening ceremony of JAMB-UNEB Benchmark on Item Banking.
He argued that such a policy would obstruct the education progress of students across board.
Ojerinde said that expressing reservations about the Senate position did not in any way signify opposition to cutting cost.
He said, “There are complexities in this thing, until we are able to clear it. When you say you will use JAMB results for three years, is it an achievement test or aptitude test? However, are we delaying his or her life? Are we postponing his or her life by telling them to stay at home? If by next year he doesn’t get the cut off points, what happens?
“I have nothing against the idea, because we will tell the children, ‘those bluffing Polytechnics and College of Education, go there and waste their time’, if it is a waste of time.”
Ojerinde also informed journalists that cyber cafés across the country would no longer be allowed to register candidates for tertiary education examinations.
“In the final analysis, cyber cafes are not allowed to register candidates for a number of reasons. Cyber cafés may have their address here today, tomorrow they are somewhere else,” he emphasised.
He stated that if registration code was given to cyber cafés, they may mess the process up, thereby, creating crisis for JAMB.
The Minister of Education, Adamu Adamu, represented by the Director of Tertiary Education, Hajia Hindatu Abdullahi, stated that “the results of large scale examinations conducted by examination bodies, such as JAMB, NECO and NABTEB, are necessary for decision making and should therefore be credible.”
She said, “Consequently, the deployment of technology is very imperative if the results must be reliable. The role of technology in education cannot be over emphasised. Electronic item banking is consequent on the use of technology for item analysis and calibration.”

Report from Punch 

Why we opted for Audu’s replacement – INEC … Says AGF’s pronouncement was mere coincidence

Why we opted for Audu’s replacement – INEC  … Says AGF’s pronouncement was mere coincidence


The Independent National Electoral Commission (INEC) yesterday said the attorney-general of the federation (AGF) and minister of justice, Abubakar Malami, did not influence its decision to allow the All Progressives Congress (APC) replace its late governorship candidate, Prince Abubakar Audu, ahead of the supplementary polls in Kogi State.

The electoral commission added that it was mere coincidence that the remarks of the AGF on the issue came the same day that INEC decided on the matter.

The deputy director of publicity of the commission, Mr Nick Dazang, said that the commission relied on extant laws, appreciation of unique circumstances, wide consultations with some of the best of Nigeria’s legal minds and international best practices before issuing its notice.

It further described the call for the resignation of the INEC chairman, Prof Mahmoud Yakubu, over the decision to offer the APC the opportunity to replace the late Prince Abubakar Audu as its candidate, as unwarranted and grossly misplaced.

The commission had, in a public notice to the 22 political parties that participated in the November 21 governorship poll, fixed the supplementary election on December 5 and granted the APC the opportunity to replace its candidate ahead of the supplementary polls.

But the opposition Peoples Democratic Party (PDP) had kicked against the decision to allow APC replace Audu and questioned the independence of INEC, accusing it of taking the cue from a biased   AGF.

The opposition party also called for the resignation of the both the AGF and INEC chairman.

But Mr Dazang said: “It is a mere coincidence that the attorney- general’s remarks, issued ex tempore, came on the same day as INEC’s. Consequently the demand for the chairman’s resignation is unwarranted, uncharitable and grossly misplaced.”

Supplementary Poll: APC Leaders Meet PMB, Decide On Kogi Today

Rising from its meeting which lasted all night and ended in the early hours of yesterday, the All Progressives Congress (APC) is set to take a final decision on who replaces its late governorship candidate, Prince Abubakar Audu, for the supplementary governorship election in Kogi State on December 10, 2015, today.

The late Audu died shortly after the results of last Saturday’s governorship poll in Kogi was declared inconclusive by the Independent National Electoral Commission (INEC).

The APC leaders met with President Muhammadu Buhari at the presidential villa, Abuja, last night to brief him on the outcome of the meeting.

LEADERSHIP gathered that after the meeting, the party resolved that it would suspend taking a concrete decision on when to conduct its primary that would produce the late Audu’s replacement until after meeting with President Muhammadu Buhari to brief him on the outcome of their meeting and get his advice on the way forward.

Besides, it was also learnt that another meeting scheduled for yesterday by the national leadership of the party to work out modalities for its primary election for the Kogi supplementary governorship election was postponed.

National chairman of the party, Chief John Oyegun, who spoke to journalists at the national secretariat of the party, said the meeting was postponed in honor of the late HID Awolowo whose burial coincided with the emergency meeting.

He stated that most party stakeholders who were supposed to be in the meeting went to Ikenne, Ogun State, for the burial.

According to him, the meeting would hold today’s afternoon.

“The meeting did not hold again today (yesterday). Almost of those who were supposed to be part of the meeting are not around. They are all attending the burial of the late Chief Mrs Awolowo. The meeting is likely to take place on Thursday afternoon,” Oyegun said.

LEADERSHIP recalls that INEC had declared that it would allow the APC to use its discretion to fill the vacuum created by the death of its governorship candidate in Kogi State, thus confirming that INEC had heeded one of LEADERSHIP’s postulations – that it invoke the doctrine of necessity in the matter on the grounds that the issue in Kogi is time-bound, since everything had been programmed by INEC to terminate at a specific time. The incumbent governor, Idris Wada, vacates office by January 27.

The paper had also reported that the APC may pick from among James Ocholi (SAN), and Alhaji Yahaya Bello, who all contested the party primary in August, as well as Audu’s running mate, Hon James Faleke, and Isah Jibrin Echocho who had joined the party after losing out in the rival PDP, as replacement for the late Audu.

Audu’s supporters warn against imposition of wrong candidate

Following the decision of the APC to conduct a fresh primary election to select Audu’s replacement, supporters of the late governorship candidate of the party have warned that they would not tolerate the imposition of any unpopular candidate.

Maintaining that any attempt to impose any candidate on the people would spell doom for the party, Audu’s supporters alleged that APC was trying to support a particular candidate.

At the hometown of the late Audu where the third day fidau prayer for him was being marked in his compound‎ in Orego Ogbonicha, Ofu local government, the supporters were said to have started a protest to show their displeasure over the development.

The situation has been worsened by the fact that posters of Abiodun Faleke‎, AVM Atawodi and Yahaya Bello were already visibly dominating strategic places in Lokoja, the state capital

The supporters, who called themselves concerned stakeholders and ardent supporters of the late Abubakar Audu, alleged that the plan for power shift had become a matter of force and through hook and crook, which the people have seen as a measure to coerce the people into believing that time had come for other communities in the state to taste power.

They said they were waiting to see how the APC leaders would correct the impasse in Kogi in line with the political cause which Audu suffered for before his final home call.

 

PPA candidate rejects AGF, INEC’s decision on Audu’s replacement

The governorship candidate of the Progressives Peoples Alliance (PPA) in last Saturday’s election in Kogi State, Mr. Emmanuel Enesi Ozigi, has faulted the decision of the attorney-general of the federation, Abubkar Malami (SAN), and INEC that the APC was at liberty to substitute its gubernatorial candidate, the late Prince Audu for the supplementary election.

Ozigi said it was not fair and justiciable for APC to produce a fresh candidate to contest elections for only 91 units with the other candidates who had gone through the rigours of election from the beginning.

Speaking to journalists in Abuja yesterday, the PPA candidate called for a level playing ground for all the contesting parties and their candidates.

Ozigi added that the election was marred with irregularities which, to him, should necessitate a fresh election.

He said, “I will like the whole world to know that Kogi election was highly incredible and marred with flaws and malpractices. So, the fact that 91 polling units were not satisfactorily rendered, it is the whole state that should be cancelled and we should have a rerun. That is my own position and I will make this position known very quickly.

“It’s quite unfortunate we lost one of our strongest opposition, Prince Abubakar Audu. It’s unfortunate and I feel very sorry about that and my heart goes out to the family and the entire people of Kogi State and the nation as whole but, you see, it is not welcoming for the attorney-general to just mention that they should just replace a candidate just like that without seeking to know the implications of the pronouncement.

“The fact is that the attorney-general represents the federal government, but he shouldn’t be partisan. This country belongs to everyone; the state belongs to us that came from that state.

“So, there should be a level playing ground for everybody. That shows that there is neutrality. I am an advocate of credibility. So I expect that the federal government will look at this issue holistically.

“If you just pick someone tomorrow and say he should be the flag bearer for APC; we never contested with that person; the person never went to the field like we did. I transversed the whole state; the person never transversed the whole state. The electors do not know him, or how he is going to be. So how do you just put somebody and say he should just run with only 91 polling booths; that is not representative and I don’t think we will accept it.”

 

Kogi youth stage protest in Abuja, want Faleke as Audu’s replacement

A group of youths identified as Kogi Youth Vanguard yesterday staged a protest at the national secretariat of the APC in Abuja, asking the party to replace the late Audu with his running mate, Hon Abiodun Faleke, as the substantive governorship candidate without conducting a fresh primary election.

Speaking with journalists at the secretariat, spokesman of the group, Bamidele Peters, said it was only right for the party to consider Faleke.

He said, “Though we sympathise with the family of the late APC governorship candidate, Audu Abubakar, and the Kogi electorate who voted for APC, we feel that this mandate is not just for an individual but the entire party.

“We think the election should be allowed to be concluded and that there should be no replacement of the candidate until that is done. The party will, after the election, be able to replace its candidate.

“Our own interest under the circumstance is to ensure that the supplementary election is concluded. Even if the party will want to replace its candidate, it should be after the election and I feel that, if possible, the running mate, Abiodun Faleke, should be allowed to step in to replace the late governorship candidate.

“Section 181 of the Nigerian constitution should be made to apply under the circumstance to enable the party resolve the crisis of substitution in which APC finds itself now,” he said.

ISIS: Nigeria, French Security Chiefs Meet In Abuja

ISIS: Nigeria, French Security Chiefs Meet In Abuja


The Director of Military Intelligence of the France Ministry of Defence, Gen. Christophe Gormet and his Nigerian counterpart, the Chief of Defence Intelligence, AVM Monday Morgan met yesterday in Abuja over counter-terrorism operations in the country.

LEADERSHIP recalled that Paris has been in the news for suffering attacks from the dreaded ISIS, which has led to the death of no fewer than 130 innocent citizens last week.

The Boko Haram sect, which is perpetrating its criminal atrocities in the sub-region and Nigeria in particular is linked to ISIS which claimed responsibility for the deadly Paris attacks.

According to Gormet, the French delegation was in the country to discuss the issue of Boko Haram and intelligence gathering to counter them and ISIS.

He explained that he was visiting the country for the first time to hold crucial talks with his Nigerian counterpart on counter-terrorism. He recalled the training of 13 Nigerian military operatives in geo-spatial intelligence in Strasbourg, France.

In his own remarks, his host, Morgan, also recalled a visit of the country’s military leadership to Dakar, Senegal, where the French were requested to encourage the Francophone countries to intensify campaign against the Boko Haram.

He said that diplomatic relations between Nigeria and France had become more robust after the visit of President Muhammadu Buhari to France in September, 2015.

He said that the visit culminated in the meeting which had to do with effective collaboration between Nigeria and France in the onslaught against terrorism.

He said that the military was making arrangements to set up a geo-spatial intelligent unit to combat the insurgency.

AVM Morgan said the military would require expertise of developed countries to be able to set up the planned department.

“I want to refer you back to the visit of President Buhari to France early this year; that brought about the serious synergy that we have today between the French government and Nigeria in terms of intelligence sharing.

Terrorists Now Conceal Bombs In Attractive Objects, DHQ Warns

The Defence Headquarters has revealed that the Boko Haram insurgents in one of their desperate moves have resorted to concealing Improvised Explosive Device (IED) in attractive objects and warned people against falling prey to their plot.

The Director of Defence Information (DDI), Col. Rabi Abubakar made this disclosure yesterday in his office in Abuja at an interactive session with Defence Correspondents, where he asked the media to desist from publishing stories based on mere speculation without getting clarification from the military.

Abubakar also disclosed that five of the 100 most wanted Boko Haram terrorists, have been arrested at various locations in collaboration with other security agencies and useful information from the populace.

He urged members of the public to be security conscious and to resist the temptation of picking any strange things found around them.

He said: “All these things we are doing is to make sure that the populace remain safe from the hands of this Boko Haram terrorists who are now devising different means of fighting through this issue of IED and even some cluster bombs which they conceal in attractive objects and drop it in the streets for people to pick.

“We are using this platform to enlighten the citizens to make sure that our citizens do not fall victim on what could be avoided,” he added.

Abubakar who praised the media for contributing immensely to the success of the war, urged the media to confirm whatever information at their disposal before publishing.

MPR, Cash Reserve Cut: Naira, Bonds, Fall As Stocks Rise

MPR, Cash Reserve Cut: Naira, Bonds, Fall As Stocks Rise


Naira and bond yields fell sharply on Wednesday while stocks rose, a day after the Central Bank of Nigeria (CBN) announced a surprise interest rate cut aimed at stimulating lending in to the real sectors of the economy.

The CBN cut benchmark interest rate to 11 per cent from 13 per cent on Tuesday, its first reduction in the cost of borrowing in more than six years. The continent’s top oil producer has been hard hit by a plunge in crude prices over the last year.

The stock market, which has the second-biggest weighting after Kuwait on the MSCI frontier market index , erased seven days of losses to climb to 27,662 points following the rate cut. The index has fallen 20.4 percent so far this year.

“On the back of the reduction in policy rates investors are reconsidering investment in the equities market to earn higher return,” said Ayodeji Ebo, head of research at Afrinvest. “We anticipate further moderation in bond yields.”

He expected stocks in the industrial sector such as Dangote Cement and Lafarge Africa to gain from the liquidity surge as infrastructure projects boom. Ebo said the rate cut may hurt bank earnings as consumer firms reel from dollar shortages.

Yield on the most liquid 5-year bond fell 264 basis points to a five-year low of seven percent while the benchmark 20-year bond closed 150 basis points down at 10.8 per cent on Wednesday, traders said.

Bond yields had traded above 11 per cent across maturities prior to Tuesday’s rate decision, with the 2034 bond trading at 12.30 per cent.

The CBN has been injecting cash into the banking system since October in a bid to help the economy. Banking system credit stood at N290 billion ($1.5 billion) as of Wednesday, keeping overnight rates as low as 0.5 per cent .

Samir Gadio, head of Africa strategy at Standard Chartered Bank said bond holders could be exposed to future losses if the interest rate easing cycle suddenly ends with inflation currently trading 9.3 percent below the yields..

The rate cut also weakened the naira on the unofficial market, which fell 0.8 per cent to 242 to the dollar. The currency is pegged at N197 on the official market.

Non-deliverable currency forwards, a derivative product used to hedge against future exchange rate moves, indicated markets expected the naira’s exchange rate at N235.56 to the dollar in 12 months’ time – the strongest level in five months – and compared to N245.25 at Tuesday’s close.

“Our economists still believe a devaluation will happen in a couple of quarters but I think they have had opportunities,” said Luis Costa, head of CEEMEA debt and foreign exchange strategy at Citi.

FG Establishes Efficiency Unit To Cut Cost Of Governance

FG Establishes Efficiency Unit To Cut Cost Of Governance


President Muhammadu Buhari has approved the establishment of an Efficiency Unit (E-UNIT) in the Federal Ministry of Finance to ensure effective management of Nigeria’s economy and reduce cost of governance.

The principal objective of the Efficiency Unit is to ensure that all government expenditure is necessary and represents the best possible value for money.

Presently, the oil-rich nation’s recurrent expenditure completely dwarfs capital expenditure by a ratio of 84/16.

This includes non-wage related overhead expenditure such as travel costs, entertainment, events, printing, IT consumables and stationeries among others.

As at September 2015, the entire capital expenditure was just 194 billion Naira while overhead expenditure was 272 billion Naira.

Eliminate Wasteful Spending

A statement by the Presidency said the scenario was considered unsustainable and at variance with the current administration’s resolve to reform the economy and reduce the cost of governance.

According to the Minister of Finance, Mrs Kemi Adeosun, the Efficiency Unit will undertake programmed reviews of all government overhead expenditure with a view to reducing wastage, promoting efficiency and ensuring quantifiable savings for the country.

“Specifically, the Efficiency Unit will work across all MDAs to identify and eliminate wasteful spending, duplication and other inefficiencies; identify best practices in procurement and financial management and share such knowledge to ensure its adoption.

“Findings of the Efficiency Unit will be formally communicated accordingly and will be enforced through establishment of expenditure guidelines, undertaking follow-up reviews, spot checks and other measures that will ultimately checkmate wastages across all areas of federal government expenditure,” she said.

Supervising Committee

Meanwhile, the Minister of Finance is to inaugurate the Supervising Committee for the establishment of the Efficiency Unit in Abuja on Monday, November 30, 2015 at 10 am.

The Committee, to be chaired by the Finance Minister, has members drawn from both public and private sector.

The Project Leader is Ms Patience Oniha, a highly experienced Banker and Chartered Accountant, with thirty (30) years experience in financial sector. She had worked with Ecobank Nigeria, Standard Chartered Bank, KPMG and is currently a Director in the Debt Management Office (DMO).

Other members of the Committee include Head of Service of the Federation, Accountant-General of the Federation, Auditor-General of the Federation and Director, Budget Office of the Federation. Members drawn from the private sector include Mr Kabir Mohammed, former ICAN President; Mr Kunle Elebute, (Partner KPMG) and Ms Seyi Kumapayi, Chief Financial Officer Access Bank.

Members of the Supervising Committee have agreed to donate their time without fee as their contribution to making government more efficient.

No specific terrorism threat to US ahead of Thanksgiving— Obama

No specific terrorism threat to US ahead of Thanksgiving— Obama


There is no specific and credible intelligence report indicating terrorist attack is being planned in the United States, President , Barack Obama , has said .
Obama made the remark on Wednesday in Washington to reassure Americans of their safety ahead of the Thanksgiving Holiday .
His remark came amid heightened fears in the wake of the Paris attacks .
The president met with French President Francois Hollande on Tuesday to discuss stepping up efforts against the militant group Islamic State .
“As we go into Thanksgiving weekend, I want the American people to know we are taking every possible step to keep the homeland safe , ” Obama said in televised speech after meeting with his national security team.

Power generation: Egbin station hits 1,100 megawatts output

Power generation: Egbin station hits 1,100 megawatts output

Power generation from Egbin power plant in Lagos State has increased to 1,100 megawatts from 813 megawatts in October.

A source at the plant said in Lagos on Wednesday that this followed improved gas supply to the station.

The plant, the nation’s biggest power generating station, has capacity to contribute about 1,320 megawatts to the national grid.

The source said that with the new power generation level, the station was accounting for almost one-third of the current improvement in power supply across the country.

It said that the recent increase in gas supply was due to “ramp-up” of Egbin’s capacity through continuous investment by its new owners.

The Sahara Power Group and Korea Electric Power Corporation (KEPCO) are the new owners of the station.

According to the source, new the owners have injected N50 billion into the company post privatisation in addition to high level innovation, professionalism, human capital and new technology.

The official promised that the company would be operating at its installed capacity after the ongoing rehabilitation.

The source said that the management was also working to double the power generation capacity from 1,320 megawatts to 2,640 megawatts by 2018.

Meanwhile, the Transmission Company Nigeria (TCN), on Tuesday said that Nigeria’s power generation had hit a new peak of 4,883 megawatts.

This was contained in a statement signed by Mr Clement Ezeolisha, its Assistant General Manager (Public Affairs).

He disclosed that the new level was achieved at 21.15 hours on Monday, Nov. 23.

“TCN is pleased to announce the achievement of a new record peak generation of 4,883.9 megawatts and the highest maximum daily energy delivery of 106,288.48 MWH,’’ the statement said.

The company assured Nigerians that it would continue to improve on its network capacity to deliver quality power to the distribution companies.

Deported Nigerians from the UK arrives in Lagos

Deported Nigerians from the UK arrives in Lagos

A plane carrying about 500 Nigerians deported from the UK has landed in Nigeria’s main city of Lagos.

Most of the deportees say they are not happy to come back.
One person told me that he was arrested by British police and was not allowed to even take his belongings before being deported.

A few of them who say they don’t have relatives here are stranded in the airport.

Recently, Nigeria expressed concern over UK’s plan to deport 29,000 Nigerians, and has insisted that due process be followed before Nigerians are removed from the UK.

The West African nation says Britain must ensure that those been deported are really Nigerians, medically fit to travel and have a role to play in the country – meaning they should be able to fit into Nigerian society.

Saturday, 21 November 2015

KogiDecides Results So Far (unconfirmed )

KogiDecides Results So Far (unconfirmed )

Ogori Mangongo LGA---APC 2321, PDP 1934
Adavi LGA---APC 22659, PDP 7,767
Okehi LGA---APC 17,801. PDP 5808
Yagba West LGA---APC 6231 , PDP. 6639
Igalamela-Odolu LGA--- APC 6075 , PDP 7285
Idah LGA--- APC 10445 , 6113
Mopa/Moro LGA -APC 3881 , PDP 2793
Bassa LGA--- APC 7412 , PDP 9964
Dekina LGA ----APC 18189 , PDP 13885
Kabba BUNU--- APC 8737. PDP 9009
Ibaji---APC 6076 , PDP 13358
Kogi LGA--APC 15358 , PDP 2735
Olamaboro LGA---APC 10419. , PDP 7788
Ofu LGA ---APC 12998. , PDP 9204
Ajaokuta----APC 12197. , PDP 8139
Omala----APC 7378. , PDP 7857
Lokoja---APC 24658. , PDP 5112
Yagba East---APC 7013. , PDP 3856
Ankpa---APC 21806. , PDP 10742
Okene---APC 34293 , PDP 3728
Ijumu LGA---APC 8904, PDP 6271
TOTAL --- APC 264, 851 Votes. , PDP 136, 629 Votes

Thursday, 19 November 2015

Virgin Atlantic Airline Employees Protect Planned Sack, Seek Government Intervention

Virgin Atlantic Airline Employees Protect Planned Sack, Seek Government Intervention


The Nigerian cabin crew members of the Virgin Atlantic Airways have accused the airline of discrimination and racial bias over the planned move to sack all of them by the end of November.

The 21 crew members made this allegation in a protect letter, dated November 17, 2015, they wrote, through their lawyer, Chief Felix Fagbohungbe (SAN), to the Chairman of Virgin Atlantic Airways Limited, Sir Richard Branson.

They also asked the Minister of Aviation to urgently look into what they termed an “utter disdain and disregard for the feelings of Nigerians by Virgin Atlantic.”

In the said protest letter, Fagbohungbe stated that the circumstances relating to the intended sacking of all the Nigerian members of the Virgin Atlantic cabin crew violated the provisions of the International Labour Conference Convention 158 and the 1999 Constitution of the Federal Republic of Nigeria.

Fagbohungbe, therefore called on Branson to order the withdrawal of the sack notices served on the Nigerian members of Virgin Atlantic Airways cabin crew within seven days or the airline will face legal action.

According to the lawyer, the excuse that the 21 Nigerians were being disengaged based on a research that Virgin Atlantic Airline no longer needed cultural expertise on the Lagos route is spurious and untenable the  .

He also claimed that the airline was being unfair to Nigeria as a country by planning to lay off its Nigerian employees despite the fact that the Lagos-London route remains one of, if not, the most viable and profitable route for the airline.

Fagbohungbe further maintained that it was particularly disdainful that the planned sacking of the Nigerians was not with the courtesy of any reasonable severance package or options like the airline would normally do where citizens of other nations were involved.

He recalled that Virgin Atlantic had earlier shut down its call centre in Nigeria and moved it to South Africa thereby compounding the unemployment rate in Nigeria while creating additional jobs for South Africa, despite the profit being made from Nigeria.

The senior lawyer also recalled that the relocation of the call centre had imposed additional cost on Nigerians whose calls for inquiries were now routed to South Africa.

“There is no gainsaying that our clients have been treated unfairly based on their race and dislike for them as Nigerians. Virgin Atlantic’s dislike for Nigerians is further confirmed by the closure of the airline’s call centre in Nigeria which necessitated the routing of calls by Nigerian passengers in respect of their flight bookings through South Africa, this has caused unemployment in Nigeria while creating additional jobs in South Africa.

“In the same vein, although, the monies used to pay the staff in South Africa are generated in Nigeria, routing calls through South Africa is an additional cost, which was deliberately imposed on Nigerian passengers by Virgin Atlantic without due regard for the pain and agony that Nigerian passengers suffer as a result of this action.

“The decision of Virgin Atlantic to terminate the employment of our clients is another classical example of the disdain and utter disregard for the feelings of Nigerians by Virgin Atlantic and our clients have decided to resist this oppressive conduct.

“Since there is no commercial or any other valid or justifiable reason for the decision of Virgin Atlantic to terminate the employment of our clients, we demand that Virgin Atlantic should immediately withdraw the notices of termination served on our clients through its agent – Aviation Logistics and Management Limited,” Fagbohungbe’s letter read in part.

Wednesday, 18 November 2015

Buhari approves Justice Akanbi’s compulsory retirement

Buhari approves Justice Akanbi’s compulsory retirement

President Muhammadu Buhari has approved the compulsory retirement of Justice Lambo Akanbi of the Federal High Court, Port-Harcourt division with immediate effect for misconduct.
It was learnt that the President’s approval followed a recommendation by the National Judicial Council (NJC) after its 74 meeting, held on November 4 and 5 this year.
NJC’s Acting Director, Information, Soji Oye, who confirmed this in a statement yesterday, said Justice Akanbi was fired over various allegations leveled against him by Shell Petroleum Company Nigeria Limited in its petition to the NJC.
Shell was said to have accused Akanbi of unilaterally appointing one Mr. Emeka Nkwo of CYN-JAC (NIG) LTD who was not proposed by any of the parties as referee or valuer in Suit Nos FHC/PH/CS/434/2012 and FHC/PH/CS/435/2012.
“He also appointed the same referee or valuer in Suit FHC/PH/CS/25/2003, which is another matter involving one of the parties in the first suit.
“He heard and concluded the case without dealing with the Notice of Preliminary Objection on the Jurisdiction of his Court.
“He sat on the case in the Federal High Court; Yenagoa in Suit FHC/YNG/CS/30/2013 after a new Judge had been transferred to the state without a fiat from the Hon. Chief Judge of the Federal High Court.
“The judge also delivered the ruling in suit No: FHC/PH/CS/07/2009, four months after final addresses were taken without any cogent reason contrary to the constitutional provisions that Judgment should be delivered within a period of 90 days.
“Justice Akanbi also dismissed the application to set aside the report prepared by the valuer, CYN – JAC (NIG) LTD and later changed the juling to judgement which prevented the respondent from pursuing the application for stay of proceedings at the Court of Appeal.
“That Hon. Justice Akanbi also failed to give a copy of his Ruling delivered on 12 June, 2013 to the complainant until 28 June, 2013.
“In the exercise of its constitutional powers, at the same meetings of 4 and 5 November, 2015, Council had suspended Hon. Justice Lambo Akanbi from office before the approval for his compulsory retirement by President Muhammadu Buhari, GCFR,” Oye said.
Justice Akanbi featured prominently in the dispute between then Governor Rotimi Amaechi and the NJC over the appointment of a Chief Judge in Rivers State, which led to the closure of the state’s court for over a year.
He gave a judgment which was at variance with the position taken by the NJC in the matter.

French Police kill three suspects in Saint-Denis raid

French Police kill three suspects in Saint-Denis raid

Three suspects linked to Friday’s deadly attacks in Paris died after French police raided two separate sites in Saint-Denis, a northern suburb of the French capital, sources told Al Jazeera .

The suspects were shot by police, the sources said, as Reuters news agency reported that a female suspect killed herself by detonating a vest rigged with explosives.
The identity of the casualties was not immediately released. However, French media said the target of the operation was Belgian national Abdelhamid Abaaoud, a key suspect of Friday’s attacks , in which at least 129 people were killed.
Another suspect, Salah Abdeslam, was also said to be a target in the raids.
Police said some of the suspects were holed up in an apartment in the suburb early on Wednesday. Three police officers were wounded in an initial shootout, sources told Al Jazeera.
Residents of the area in northern Paris first reported hearing bursts of gunfire at 4:30am (3:30 GMT), as police exchanged fire with one or more suspects.
After a short lull in the operation, at least seven explosions were heard at 6:30 GMT, Al Jazeera’s Jacky Rowland reported from the scene.
Heavily armed special police units and ambulances were gathering at the scene as a helicopter was hovering over the area, Al Jazeera’s Rowland reported.
“Saint-Denis is a relatively poor area, housing many immigrants. It is near the area of the national stadium Stade de France, where suicide bombers claimed several lives during Friday’s attacks,” Rowland said.
Police were telling onlookers to clear the vicinity of the operation and blocked off a street in the area, as ambulances and fire engines lined the streets a stone’s throw from the centre of Saint-Denis.

Al Jazeera


Two Senators in Hot Exchange over Composition of Committees

Senators Kabiru Marafa, Adamu Wakili In Hot Exchange Over Composition Of Committees


Two senators - Kabiru Marafa (Zamfara Central) and Ali Wakili (Bauchi Central) – on Tuesday engaged in a hot exchange to the extent of dragging each other’s attires after the former was ruled out of order at the plenary by Senate President Bukola Saraki.
Marafa had raised a point of order to press home his demand for the reconstitution of the new committees following his submission last week that the manner of the composition violated provisions in Senate Standing Orders.
But he was ruled out of order by Saraki after referring Marafa to Order 53(6) of the Senate rules which provides that reference shall not be made to any matter that had already been concluded.
Having been ruled out of order, Marafa walked out of the chamber to brief the press on his grievances but he was followed to the chamber by Wakili who was vehement to stop him from briefing the press.
The move led to hot exchange between them resulting in both of them dragging each other’s attires. Below are the details of the episode:
Wakili: You have come here to disgrace the Senate again. Is this what you want to do for the next four years?
Marafa: I will, I will. Because I am not working for you.
Wakili: You cannot sit down there and fight against the Senate.
Marafa: I am representing Nigeria and representing my people. And let me tell you, even the nonsense thing they are saying about suspension, nobody can suspend a senator.
Wakili: You are playing to the gallery. You are playing your script. Who has ever spoken about your suspension?
Marafa: Let us talk about issues.
Wakili: I have discussed all these your issues in today’s Mirror.
Marafa: Mirror, which kind Mirror? Let us do it (address journalists).
Wakili: Newspaper.
Marafa: Who, my own?
Wakili: Yes.
Marafa: Ku samun Mirror (Get me National Mirror). I will respond to it. We raised issues. And we give orders (rules) and point of constitution order.
Wakili: That is not what your constituency sent you here (to do).
Marafa: Are you one of them?
Wakili: We are talking of poverty, education. You are wasting your energy here on useless point of order. I am warning you.
Marafa: It is not useless. You can’t say that order is useless.
Wakili: I will go to your constituency and see what you have done there.
Marafa: Go back. I will go to your own. I was in politics before you when you were wearing uniform (both senators started dragging each other’s attire at this point).
Wakili: Gentlemen of the press, there are issues bedevilling this country.... (Marafa interrupts him).
Marafa: Even if you are not God-fearing, because they made you chairman, a bloody newcomer chairman of a committee. That is why you are talking this way. I am not doing anybody’s game plan. I am speaking the minds of Nigerians.
Wakili: Come, you are a storm in the Senate teacup and a gadfly.
Marafa: I told you I was in politics when you were wearing uniform (still dragging Wakili’s attire).
Wakili: Leave me, look at it. That is not the issue. How old are you?
Marafa: It doesn’t matter.
Wakili: Let go.
Marafa: (Talking to journalists). He said he raised issues in National Mirror. Let him say the issues. I will respond to them here.
Wakili: You see, your experience has not helped you. It (Senate rules) says that where such a matter has been decided, you cannot raise it again.
Marafa: That is nonsense!