Saturday, July 9

Aww… Check Out These Photos Of Kelly Rowland, Her Young Son And Her Husband In Beverly Hills

Aww… Check Out These Photos Of Kelly Rowland, Her Young Son And Her Husband In Beverly Hills

Kelly Rowland

Fresh from England after playing a role in Ciara’s wedding, Kelly Rowland, 35, was spotted in Beverly Hills strolling with her husband, Tim Witherspoon, and young 18-month-old son, Titan. The singer rocked a pale blue skinny jeans with sandal heels. Also she had on a white scoop-necked ribbed shirt and a white tailored jacket and ofcourse, a matching designer purse.

Aww… Check Out These Photos Of Kelly Rowland, Her Young Son And Her Husband In Beverly Hills

Her son was absolutely adorable and looked comfortable in a pair of dark green shorts and a gray polo shirt. He also rocked a pair of white trainers without any socks on.

More Photos...

Aww… Check Out These Photos Of Kelly Rowland, Her Young Son And Her Husband In Beverly Hills

Aww… Check Out These Photos Of Kelly Rowland, Her Young Son And Her Husband In Beverly Hills


Amebo book
Read More »

Drama as police man battles fan for openly displaying Biafran flag during football match in Enugu [PHOTOS]

Drama as police man battles fan for openly displaying Biafran flag during football match in Enugu [PHOTOS]

Mild drama ensued at the Nnamdi Azikiwe stadium, Enugu last night during a football match between Rangers of Enugu and Abia Warriors of Umuahia.

A group of young Igbo youths were moving round with Ogene music when one of them was seen displaying Biafran flag.

His action provoked a police officer within the stadium and he moved towards the young man holding the flag and attempted to snatch it from him.

However, he got more than he bargained for as everyone around there descended on him and nearly lynched the officer.

A surge of youths advanced towards the officer with shouts of Wetin, Wetin, Wetin, and the police officer quickly took to him heels.

More Photos...

Drama as police man battles fan for openly displaying Biafran flag during football match in Enugu [PHOTOS]

Drama as police man battles fan for openly displaying Biafran flag during football match in Enugu [PHOTOS]

Drama as police man battles fan for openly displaying Biafran flag during football match in Enugu [PHOTOS]


Dailypost



Read More »

Being strict and wicked are different – Retired AIG Mbu tells critics

Being strict and wicked are different – Retired AIG Mbu tells critics

Mr. Joseph Mbu

Retired Assistant Inspector General (AIG) of Police, Mr. Joseph Mbu, says he is leaving the force with his “shoulders and head high.”
Mbu said this while being honoured with a pull-out ceremony at Police Staff College, Jos, on Saturday.

His words: “I am proud to be a policeman, and to retire as a policeman. And if there is reincarnation, I make bold to say I will still be a policeman.”

“In December 1985, we passed out from this same Police Staff College as cadets, before the establishment of the Police Academy Permanent site in Kano.

“Today is the time to dance; a day of fulfilment for me because we started the journey in January 1985 with 96 officers, and as at June 30, 2016, we were 48 left. Some are presently ACP, some DCP and others CP. By God’s grace and mercy, I am retiring in the IGP category in good health.

“I am leaving the Police Staff College, Jos, ten times better than I met it on October 5th 2015.

“I want to appreciate my bosses, IGPs Ogbonnaya Onovo and Mohammed Abubakar for their mentorship and continuous support throughout my career. I also want to use this opportunity to urge senior officers to take the welfare of their subordinates seriously and give them words of encouragement.

“I urge Police officers all over Nigeria to love one another; how can you be disliked outside and inside too?

“Avoid petty jealously and witch-hunt; there is a difference between being strict and being wicked, Superiors should look for the best in their subordinates and use it.”

Dailypost
Read More »

PDP founded Niger Delta Avengers

PDP founded Niger Delta Avengers

Akpabio

Ata Ikiddeh, a former special assistant on diaspora matters to immediate past Akwa Ibom Governor, Godswill Akpabio has described the Niger Delta Avengers as the military arm of the Peoples Democratic Party.

Reacting to the ongoing war on corruption by the current government, he said, “this government is a joke”, via a Facebook post.

When asked by one of his Facebook followers, Edim Asanaenyi, if the militant group was now a military wing of the PDP, Mr. Ikiddeh responded, “I am afraid to admit that – but that’s what this government is turning the Avengers into: the ‘resistance’ wing of the PDP.

“A very dangerous scenario is unfolding. I wouldn’t be surprised if a copycat group in the North becomes the clandestine military wing of APC, not with their permission of course, but this is how these things begin to take shape, they get out of our control, Boko haram is our perfect example.

“If I tell you, all PDP members in detention will be released by the end of July, you’ll wonder where I got that from (I don’t actually know how many there are but I know Omisore was arrested and detained recently) – just watch and start counting.

“I am not sure of Dasuki and Kanu, the rumour of a coup has made their releases a security risk to the state. But I wouldn’t be surprised if some kind of House arrest is fangled out for this two.

“I am not bothered about whatever anyone says. I am only expressing my opinion. And I am doing so as a patriot. I love this country.

“Nigeria is still playing politics with the Niger Delta crisis. Why can’t we have a national conference, to be organized by the international community on the Niger Delta?”

Dailypost
Read More »

I’m not wanted by EFCC, I’m ready to defend myself - Maina

I’m not wanted by EFCC, I’m ready to defend myself - Maina

Abdulrasheed Maina, former chairman of Pension Reform Task Team (PRTT), has denied being on the wanted list of the Economic and Financial Crimes Commission (EFCC).

In November 2015, EFCC had declared him wanted over his alleged role in the N2bn pensions biometric contracts scam, and listed him on its website as one of its wanted persons.

Three months earlier, Maina was charged alongside three others before a federal high court on a 24-count bordering on procurement fraud and obtaining money under false pretences.

But responding to ‘EFCC’s 7 most wanted fugitives’ — a report published by TheCable on Friday, Maina said the anti-graft agency never listed him in the charges but “merely mentioned” his name.

“I am not wanted by the EFCC or any anti-graft agency in the country. Secondly, and important too,  I was never at any time joined in any suit with the ex-head of service, Mr. Steve Oronsaye, who I have much respect for,” he said.

“The EFCC did not list me in the charges but merely mentioned my name over the biometric exercise which I am ready to defend myself [on] given the enabling environment.”

He further said his lawyer, Esther Uzoma, had issued a statement to EFCC demanding his exoneration of the alleged crime.

The lawyer’s statement reads in part: “The EFCC should come clean on the matter of my client, Dr. Abdulrasheed Maina. When I appeared before His Lordship, Justice Kolawole on July 21, I made it clear that the EFCC was yet to file any charge as well as serve any summons on Dr. Maina. It is trite law that you cannot say an accused is on the run when there is no charge preferred against him or any invitation extended to him.

“During the hearing for the bail application, counsel to the EFCC, Mr. Rotimi Jacobs SAN, wanted the court to direct me to produce Maina in court at the next sitting which I argued that there are clear procedures, which the EFCC is familiar with and should follow.

“Naturally, the court agreed with my submission on the position of law. Therefore, it is misleading for the EFCC in its statement of Monday to mislead the public that there exists an order for Maina to be produced in court when there is no invitation extended to him talk-less of a charge preferred against him by the commission.”

Maina also claims that his “main accuser”, Kabiru Gaya, a senator, told The Sun Newspaper of April 12, 2016 that “he lied against me and the Pension Reform Task Team”.

“These are his very words: ‘You remember I was a member of the 6th and 7th Senate and I am still a member of the 8th National Assembly.
During the 7th Senate, we were able to do a probe of the pension scam. I was a co-chair of that committee. During that investigation, we were able to discover N195 billion stocked in accounts of various Departments, Agencies and Ministries (MDAs) for pension and they were not using those monies.

These are kinds of money that form part of the TSA and it is a welcome idea. It is an excellent idea. Now, we can use money we have to achieve what we want.”

The ex-pensions boss also made available to TheCable, a court order vacating the order for his arrest.

Maina is on the wanted list of INERPOL and has been away from Nigeria since 2013.
Read More »

Nigeria set to phase out mud houses – Minister

Nigeria set to phase out mud houses – Minister

The Federal Government is developing a draft action for the phasing out of mud houses across the country.

The minister of science and technology, Dr Ogbannaya Onu, disclosed this on Saturday during a visit to the Nigerian Building and Road Research Institute, Nnewi, Anambra state.

He said this would be made possible through research that would bring about cheap building materials that would enable Nigerians have affordable decent houses.

It’s the desire of this government to give Nigerians decent living conditions. That’s why we are charging NBRRI to go into research that would be felt at the grassroots.

“A research that would enhance employment opportunities; decent houses and decent lives for Nigerians.The government of President Muhammadu Buhari is committed to making a positive difference in these areas.

The minister, who said the phasing out of mud houses might not be achieved immediately, maintained that it was an ideal thing to do.
He assured staffers of the NBRRI, Nnewi, of more commitment of his ministry to boost their activities and welfare, while tasking them to be committed to researches that would enhance use of local materials.

“We can’t continue to import; because to do so is to export jobs.

He said efforts were being made to revise school curricular in the country to encourage skills in constructions, noting that the trend whereby most construction works in the country were done by foreigners was unacceptable.

At the National Foundry Development and Training Centre, Ozubulu, Ekwusigo Local Government Area of the state, the minister regretted that foundry tools brought to the institute 18 years ago had not been put to use.

“This is not acceptable to this government. We must make use of this place under this administration, the minister stated.

He assured that the erosion problems in Anambra state must be tackled, saying that was one of the reasons for trying to reinforce NBBRI.

Punch
Read More »

Nigerian army employs ex-militants to undergo special assignment

Nigerian army employs ex-militants to undergo special assignment

Their is a sense of danger in militant camps in the Niger Delta region over established report that some security agencies had broken into militancy enclave and using some militants as secret agents.

It was gathered that a former Commander of the defunct Movement for the Emancipation of the Niger Delta, MEND, is allegedly one of the moles recruited to track down fugitive ex-militant leader, Government Ekpemupolo, alias Tompolo, labeled a sponsor of the crisis despite his denials.

Some Niger Delta activists angry at the devastation of oil and gas facilities by Niger Delta Avengers, NDA, were also volunteering information and spending their resources to trap the Avengers.

Investigation showed that militant groups have grown panicky over the depth of information the secret agents might have given out on their modus-operandi and hideaways.


Though Niger Delta Avengers, last weekend, dismissed the arrest of Christian Oluba, alias Sensor and Selky Kile Torughedi, described as its members by the Department of State Services, DSS, which seized them, its spokesperson, self-styled Brig Gen Mudoch Agbinibo, affirmed,

“They are sleeper agents of the DSS sent after the Niger Delta Avengers.” He said: “The boys has (sic) the right to demand for their money from DSS, why not pay them instead of arresting and labeling them as Niger Delta Avengers members.”

Denying any link with the boys and daring the DSS to parade them before reporters and allow them tell their story, the militant group warned: “DSS and Nigeria Army cannot win the Niger Delta war by feeding their President with false information about situation of things in the Region. It is all-good because as it seems the DSS is now having internal crisis with most of their sleeper agents and it a sign that God is on our side.”

However, a dependable source confirmed the claim by DSS that one of the suspects, Selky Torughedi, also a former MEND commander in Bayelsa state, is known to Tompolo, adding: “But I am not saying that Tompolo sent him, everybody knows that Tompolo is on the run and Selky can take decisions for himself.”

“If the DSS said they caught him while he was finalizing plans to kill a serving military officer after carrying out reconnaissance on his residence in Kaduna, his previous relationship or closeness with Tompolo should not be used to incriminate the latter. Every man should be responsible for his action,” he added.

nigerianeye
Read More »

Shettima Ali Monguno is dead

Shettima Ali Monguno is dead

An elder statesman and former minister of mines and petroleum in the First Republic, Alhaji Shettima Ali Monguno, is dead.

He died at his Government Reservation Area (GRA) residence in Maiduguri, Borno State.

He was 90.


A family source said Monguno died after the Magrib prayers on Friday evening.

The source added that he will be buried at 2:00pm on Saturday in Maiduguri.

ThisDay‎
Read More »

Anambra to punish intending couples who refuse sickle cell test

Anambra to punish intending couples who refuse sickle cell test

Chief Willie Obiano

The governor of Anambra state, Chief Willie Obiano has said intending couples in the state who failed to screen for sickle cell disease before formalising their marriages would be punished.

He said such violators would be denied certain privileges from the state government.

Obiano said his government would partner churches in the state to enforce the order.

The governor, who spoke through his commissioner for health, Dr. Joe Akabuike at a ceremony to mark this year’s sickle cell day in Awka, said it was part of the state government’s determination to eradicate sickle cell disease.


He maintained that churches would play a major role in the fight against the spread of sickle cell disease because of their involvement in marriages.

The governor maintained that his administration would implement to the letter the Sickle Cell law passed by the State House of Assembly in 2002, which made it mandatory for intending couples to verify their genotype before marriage.

He added that involving the churches would ensure strict compliance to the law.

The governor said the state government would set up sickle cell clinics in the three senatorial districts of the state with state- of- the- art facilities while explaining that people living with sickle cell disorder in the state would be treated free of-charge under a Health Insurance Scheme that would be launched in the state.

He said, “In the Health Insurance Scheme, there is also a provision for treating people free of-charge, the vulnerable, including people living with sickle cell disorder as our main target is to eradicate sickle cell anemia completely in this state and that is why we are urging everybody to know his/her genotype.”

The Punch‎
Read More »

Nigerian Air Force begins construction of base in Enugu

Nigerian Air Force begins construction of base in Enugu

The Nigerian Air Force on Saturday revealed that work had commenced on the construction of a permanent base for officers and men in Emene near Enugu metropolis.

The Commander, NAF Base Services Group, Enugu, Air Commodore Ebenezer Alade, said in Enugu that the move would further boost the morale of officers in Enugu.

Alade commended President Muhammadu Buhari and the Chief of Air Staff (CAS), Air Marshal Sadique Abubakar, for the special attention given to NAF officers and men in Enugu.

“The vision of the Chief of the Air Staff (CAS), Air Marshal Sadique Abubakar, is being felt in all units and formations of the NAF, and for us in Enugu, we bear testimony of that vision.

“We are all excited about this development of construction of our permanent base in Emene near Enugu.

“We are also happy that Enugu has become a re-occurring decimal in the agenda of the Chief of the Air Staff.”

Alade, who, however, did not mention the cost of the ongoing project, said that a team of officers from NAF headquarters recently inspected sports facilities in Enugu toward the conduct of NAF Games 2016 later in the year.

“All these are pointers to the strategic importance of Enugu to the NAF family,’’ he added.

The CAS about two weeks ago inaugurated eight projects at Air Force Comprehensive Secondary School, Agbani near Enugu.

The projects inaugurated included a 16-bed ultra modern clinic, drains and reconstructed sections of collapsed school perimeter fence.

Others were the renovated dining hall, five classroom blocks, administrative block, three blocks of students’ hostel and reclamation of eroded football field.

NAN
Read More »

'Your aides are frustrating talks with Niger Delta Avengers' - Bayelsa elder tells Buhari

'Your aides are frustrating talks with Niger Delta Avengers' - Bayelsa elder tells Buhari

Notable elders and traditional rulers from Bayelsa State, Saturday, told President Muhammadu Buhari that some of his aides were frustrating the proposed peace talks between his government and the militant group, the Niger Delta Avengers (NDA).

The elders who eulogized the President for taking a decision to lead the dialogue, however, said discordant tunes among presidential aides created doubts in the process.

They said the avengers became skeptical of the dialogue following signs of deceit, fraud and disharmony among the aides.

The elders under the auspices of Bayelsa Elders for Progress, Peace and Good Governance (BEPPGG) led by their Coordinator, Chief Ayibatonye Goodnews and ‎Secretary, Chief Lucky Ebifaghe, wondered why attacks on pipelines had continued despite dialogue and ceasefire.

They alleged that the recent activities of key aides from the region including the Minister of State for Petroleum, Ibe Kachichukwu and the Coordinator of the Presidential Amnesty Programme (PAP), Brig. Gen. Paul Boroh, were frustrating the peace efforts of the Federal Government.

The concerned elders, in an open letter to the President said: “President Buhari should investigate the genuiness of purported meetings held between the Presidential Amnesty Boss, Paul Boroh and Dr. Ibe Kachichukwu.

“How can they claim to have met stakeholders and the militant attacks continues? They met some fake militants and stakeholders and wasted scarce resources of the Federal Government on jamboree.

“The Amnesty Boss,who claimed to have relocated to the creeks of the region was only sighted in Tompolo’s community with cladestine meetings without solution to the continued bombing of the Oil and Gas facilities.

“Buhari should investigate the money expended on the jamboree without result. We insist that the Presidential Amnesty Office should be probed following the alleged failed sharing of resources to fake avengers.

“The lack of knowledge on key issues of the region and wrong signals sent to militants ‎along the creeks are frustrating the needed peace process.

Many of the purported stakeholders have made money from the self created jamboree in the region. Genuine Niger Delta Stakeholders should be consulted for sustained peace.”
Read More »

New NNPC Boss, Baru unveils 12-point agenda

New NNPC Boss, Baru unveils 12-point agenda

Maikanti Baru, the newly appointed group managing director of the Nigerian National Petroleum Corporation (NNPC), has unveiled a 12-point agenda for his tenure at the corporation.

In his agenda, Baru pledged to continue with the ongoing comprehensive restructuring exercise of the NNPC, which he said had become inevitable.

“Engagement of staff in major restructuring exercise is a key success factor that I will pay attention to while continuing with the restructuring effort,” he said.

In a statement by Garba Deen Muhammad, spokesperson of the NNPC, Baru unveiled his 12-point agenda as:

Creating an all-inclusive internal advisory council on security comprising representatives from NNPC, the IOCs, the Unions and security operatives to brainstorm and address host community agitations to complement efforts of the government security team.

Implementing the new business models and grant the needed autonomy to the strategic business units and autonomous business units.
Providing relevant directions and control that would ensure their growth and profitability.

Exploring ways of relieving government from the burden of cash calls obligation.

Address and defray the agreed cash call arrears of the IOCs, as well as restore oil and gas production and grow the reserve portfolio.

Increasing crude oil production by the Nigerian Petroleum Development Company, NPDC, while reviewing all weak contractual agreements and terminate bad ones as appropriate.

Leveraging on equity positions to cause the development of key gas assets for both domestic and export.

Pursuing the expansion of gas network across the country, as well as repairing and restoring oil and gas pipeline infrastructure.

Providing robust security system for both detection and deterrent in conjunction with the existing security arrangement.
Improve refining efficiency of the four existing refineries to pave the way for future expansion.

Pursue diversification of businesses by refocusing on the implementation of renewable energy programmes and frontier exploration services.

Continue with the drive to make the venture businesses profitable and ensure service delivery, entrench the culture of professionalism by doing the right things at all times through transparency, accountability, and respect for all, ensure adequate staff welfare and motivation, training and capacity building.

KACHIKWU’S LISTS ‘ACHIEVEMENTS’

Ibe Kachikwu, the outgoing GMD, listed his achievements at the corporation, stating that his administration brought NNPC from loss to profit.

“Eleven months ago when Mr. President asked me to take over the mantle of leadership of GMD, there was indeed an urgency of now, morale was low, there was a lot of issues of transparency on the table, profit index was very poor,” he said.

“Looking back now, one must be very grateful to the president not just for the opportunity but for the foresight.”

He stated his achievements as follows:

Sanitization of the fuel supply and distribution matrix due to the introduction of the downstream liberalization regime.

Reduced upstream contracting period to nine months from initial upwards of two years.

Redirection of the NNPC on the path of profitability as witnessed in the May 2016 NNPC Monthly financial report which posted a profit of N274 million.

Prompt remittance of oil proceeds to the federation accounts.
Monthly publication of NNPC Financial reports.

Review of old models contracts like crude SWAP which saved the Corporation a whopping $1Billion annually.
Recently secured $80 billion MoU with Chinese investors.
Read More »

When Dasuki was sharing money from his ATM, he didn’t invite any APC member - Oyegun

When Dasuki was sharing money from his ATM, he didn’t invite any APC member - Oyegun

John Odigie-Oyegun

The ruling party, All Progressives Congress says the anti-corruption war of the Muhammadu Buhari’s government is neither selective nor partisan.

John Odigie-Oyegun, chairman of the APC, reiterated this claim in an interview with The Punch, where he noted that Peoples Democratic Party chieftains are being investigated because most of them received funds from Sambo Dasuki, former national security adviser.

He said that when the former NSA was sharing money “from his ATM machine”, he didn’t extend an invitation to members of the opposition party.

Dasuki, who has been in custody since 2015, is being investigated by the Economic and Financial Crimes Commission (EFCC) over the alleged diversion of funds meant to fight the Boko Haram insurgency.

“Prosecution depends on evidence. Once there is evidence, if anyone has evidence, let him provide it. This generalised rumour is not basis for serious action of that type. And in any case, there are a few APC leaders who are being called to question. It is not as one sided as it seems and it is not something to be apologetic for”, Oyegun said.

“When the then National Security Adviser was disbursing funds from his Automated Teller Machine, he did not call an opposition person to say take money. So, it’s a natural course of events. This administration- if anybody can read; the President will not mind whose ox is gored so long as justice is done.

It just happens that as at now, those whose hands are found in the till happen to be preponderantly in the PDP. But you can see that a lot of other investigations are ongoing and quite a few involve some APC leaders.”

Oyegun also said the ruling party is not interested in an opposition that is enmeshed in crisis, insisting that the APC is not in any way responsible for the internal strife in the PDP.

“All I can say is that they cannot eat their cake and have it. When their factional chairman left us, they were celebrating, they were happy saying oh, we’ve got a big fish. Now that they see the kind of man he is, they are crying wolf. We have nothing to do with the travails of the PDP because in reality; we want a virile opposition. We want an opposition that is responsible, that has ideas to contribute.

“They have failed to do this so far. So, it is not of any value to us that they are heating up and that they are losing the little bit of the sense of direction they had left. They are just looking for a scape goat. We have absolutely no interest in what is going on in the PDP. If you recall, we once urged their members who were trooping into the APC -as soon as we won the election- to remain in their party to give us the kind of opposition that will strengthen our democracy.

“This shows we mean well for them. We asked them to go and re-engineer themselves and be as we were- a responsible opposition party. I just pray for them and hope that they will be able to rediscover themselves, to be able to start the process of rebuilding themselves. Maybe, it is even good that what is happening is happening, because it will give us the time to take the tough decisions that the country which they ruined requires.”

The APC chieftain further stressed that the federal government isn’t investigating the campaign finds expended by the PDP, but rather, public funds that were pumped into the 2015 election.

Oyegun said individual donors, businesses and companies who contributed the election campaign of the PDP aren’t under investigation.

“That is not the issue. There is a great misunderstanding. We are not investigating PDP campaign funds. We are investigating records as to how public funds were hijacked for illegal purposes which were not budgeted for by the National Assembly. Nobody in business who contributed a lot of money has been dragged to any tribunal because he gave PDP funds.

“Public funds, public resources, money that belongs to you, me and the people of this country were stolen and diverted. Crude oil was being illegally sold to fund the campaigns and other political activities. Not just the campaigns, people just shared money and pocketed.

“It’s not company XYZ limited giving PDP X amount and about being dragged before EFCC, that is not what is going on. Anybody who steals from the treasury either to fund campaign, or to put in his pocket or to buy an estate in every part of the world would be asked questions. It must not be allowed.

Nobody must be allowed to get away with that. It is not the same with campaign funding. We are not investigating PDP campaign funds.”
Read More »

How I diverted, sold 33,000 litres of diesel, set truck ablaze- Suspect

How I diverted, sold 33,000 litres of diesel, set truck ablaze- Suspect

Osas  Uwagie

For 24-year-old  Osas  Uwagie,  an indigene of Edo State and a tanker driver,  nothing more explains why he diverted a tanker loaded with 33 thousand litres of diesel than  bad  company.

Osas who was said to have been recruited by a Lagos-based oil and gas firm (name withheld)  was en-route Abuja to supply the said products. He, however, diverted the tanker to Okene  in Kogi State,  where he sold 400 litres of diesel to one of his clients for N230,000 cash,  and the remaining 32, 600 litres sold to a filling station in  the same location  for N1.5 million which he was promised payment later.

Crime Guard gathered that after selling off the contents of the tanker,  Osas and his accomplices drove the tanker along the Abuja-Lokoja Road and set the tanker ablaze. It was learned that when the company could not locate Osas,  the matter was reported to the police at State Criminal Investigations and Intelligence Department,  Panti, Yaba  where investigations commenced into the matter. Subsequently, it paid off,  as Osas who had absconded was arrested in Kogi State.

‘I bribed policemen with N200,000 to let me go’

Narrating his own side of the story, Osas said, “I am from a very poor background. I could not go to school due to financial constraint.  When I grew up,  I had to find something to take care of myself. I met a friend who was a tanker driver and I started following him. He taught me how to drive tanker and I was absorbed in the same company where he works. “My friend is currently  in prison for also diverting a tanker.

He was the one who talked me into diverting the tanker as well as  selling off the contents. On the day of the incident,  I had loaded the tanker with 32,000 litres of diesel which I was supposed to supply to a filling station in Abuja. I, however, saw it as an opportunity to perfect the plan my friend in prison and I, had.

“I drove to Okene in Kogi State,  stopped at a particular location there and sold off 400 litres for N230,000. While I was driving out from the spot,  I was stopped by the police. They asked me a few questions for which I couldn’t give appropriate answers. They then started suspecting that I had diverted the tanker. I came out straight and told them the truth.

“I gave them N200,000 to let me go. Later, I contacted an old time friend called Kabiru to connect me to people who could buy all the products. Kabiru sent one of his boys called Joseph Kola to take me to a filling station where I could get a buyer. When I got there, the owner of the filling station asked why I wanted to sell the diesel and I told him that the management of the company I work with had authorized me to do so.

The man then told us he didn’t have money to pay. So, I instantly called Kabiru  who asked me to wait there, that he would send someone else to take me to another possible buyer. He sent one Oyeko who then took me to another filling station. We met with the owner and I told him I wanted to sell only 400 litres,  but the man insisted I sell the 32,600 litres to him. I saw reasons with him and decided to do as he said.”

Setting the truck ablaze

Osas continued: “Surprisingly,  after discharging the diesel,  they told me there was no cash on  ground  and requested I leave my account number, that they would get back to me. I then asked them what would happen to the truck and they  said it was best I set it ablaze and disappear.

They asked me to follow them as they drove in front of me.  When we got to Abuja road,  they asked me to park the truck close to a drainage, so that it would look like it fell and the diesel poured out. They came out,  opened the bonnet of the tanker,  poured fuel on it and then sparked the battery head and fire engulfed the tanker.”

An anonymous source who spoke to Crime Guard intimated that Osas has worked with the company for more than two years and was even trained as a tanker driver by the company.

The tanker which was set ablaze, the source added, had just been acquired by the organization. The source also put the total cost of the diesel and the truck at about N22 million.

Read More »

Serena Williams beats Kerber to win Wimbledon

Serena Williams beats Kerber to win Wimbledon

Serena Williams has equalled the Open era record of 22 Grand Slam wins after claiming the Wimbledon crown on Saturday.

The peerless American defeated Angelique Kerber, the world No 4, 7-5 6-3 to draw level with Steffi Graf's historic milestone.

Williams added a seventh Wimbledon title to her remarkable trophy cabinet, having successfully defended the prize that she won last year too.
Germany's Kerber had already denied Williams a place in the record books during 2016 after a shock win in the Australian Open final, but history wouldn't repeat itself.

Kerber was a game opponent throughout, frequently matching the power and athleticism that has always been the American's trademark.
But the experience told at the conclusion of the opening set. After 11 games had gone with serve, Williams gritted her teeth and secured a vital break to avoid a tie-break.

Williams saved a break point with a brutal ace to go 4-3 ahead in the second set and crucially broke Kerber at the next opportunity before serving out match point, 14 years after her first Wimbledon success.

Williams had previously lost both of this year's Grand Slam finals - in Australia to Kerber and at the French Open to Garbine Muguruza.

The 34-year-old needs two more Wimbledon titles to match Martina  Navratilova's Open era record of nine.
Read More »

AMAZING!!! Identical twins give birth on the same day

Identical twins give birth on the same day

Identical twin sisters: Sarah Mariuz and Leah Rodgers, gave birth on the same day, same time of the different zones.

The sisters, who are 35 years old, who were born 11 minutes apart, realized they were pregnant around the same time with four day difference in their due dates. They delivered their babies at 1:18 am June 30 in different time zones.

Leah, who is older, was also married first and has been for the last nine years. Her sister, Sarah tied the knot four years ago. As fate would have it, their first born will also share the same birthday.
Leah was also supposed to deliver her baby four days before Sarah. A report in Today said Sarah and Leah delivered their first born babies at 1:18 am, June 30 in Denver and Califf respectively. Sarah gave birth to a boy while Leah’s baby girl came later in respect to the different time zones.

Identical twin sisters who gave birth on the same day at the same time. The 35-year-old sisters realized they were pregnant with only four day difference in their due dates. Twins are known to have a magical connection, share everything and have an unbreakable strong bond.

In China Identical twin sisters who married identical twin husbands underwent plastic surgery because they could not tell each other’s husbands apart.

In another extreme case in the United States, separated twin brothers reunited after 39 years only to realise they were both named James, they each owned a dog called Toy, they both had married twice to women named Linda and Betty. To top it all they both drove same type of cars, enjoyed same brand of drinks and smoked same brand of cigarettes.

In a related development, a set of 26-year-old identical twin sisters in Kenya grew up doing everything and ended up marrying twin brothers.
In Western Kenya, a woman was blessed with six set of twins, though she says she struggles raising them after her husband left fearing she had been cursed.

Traditional practice in Kenya saw the elimination of twins or one of the twins, it was considered a bad omen or a curse to give birth to twins especially as first born.

Some rural areas practiced this until it was eventually abolished.
MeasureMeasure

Read More »

NDLEA plots to abduct me, Kashamu cries out

NDLEA plots to abduct me, Kashamu cries out

Prince Buruji Kashamu

The Senator representing Ogun East Senatorial District in the National Assembly, Prince Buruji Kashamu, has raised the alarm over a plot by the National Drug Law Enforcement Agency (NDLEA) to abduct him as well as plans by some individuals to assassinate him.


 In a statement issued yesterday in Lagos, Kashamu alleged that the plot to abduct him was being coordinated by the NDLEA and some powerful individuals in the agency.


Kashamu said that the plot was to either have him abducted or attacked on the streets or at a social function. He wondered why anyone would want to usurp legitimate authorities and resort to such crude tactics and self-help in a democratic Nigeria.

“I do not know what I have done to them that they want to do as if Nigeria is a Banana Republic. If anyone thinks he has a case against me, he should approach the courts and allow the rule of law to prevail. “I urge the masses and Nigerians in general to help me beseech the Almighty Allah who has been my help and shield to continue to protect and guide me from all manners of evil machinations.

They should not kill me for my family and the thousands of Nigerians who depend on me for their daily living. “Politics should not be a do-or-die affair. I will always say and stand by the truth in the interest of the masses. I will always rise above primordial sentiments and selfish interest in all my dealings, in and out of politics,” Kashamu said.

The Senator urged the State, his family members and associates to know those to hold responsible should anything untoward happen to him.
Read More »

MAKES SENSE!!! Police promotions now strictly on merit - IG

MAKES SENSE!!! Police promotions now strictly on merit - IG

Alhaji Ibrahim Kpotu Idris

Acting Inspector General of Police (IGP), Alhaji Ibrahim Kpotu Idris, has promised to look into the cases of officers and men who are due for promotion.

The IGP added that promotion in the force would now be based strictly on merit.

He gave the assurance when he paid a courtesy visit on the Niger State Governor, Alhaji Abubakar Sani Bello at his official residence in Minna yesterday.

Expressing his determination to give the personnel of the force and the citizenry a sense of dignity, the IGP said he will run a fair and just Police Force that will ensure that there will be no miscarriage of justice against its members or anyone in the country.

He said: “I have said that the Police Force will operate by the rule of law. So if anyone is due to be promoted, we will see to it that they are promoted based on merits.

“If there is any miscarriage of justice, I can assure you that anything that violates the law and every irregularity that goes against the operations of the Nigeria Police Force are going to be addressed.”

He reiterated his commitment to the protection of lives and property of every Nigerian, adding that the Police Force will work side by side with the Nigerian public in order to address the issues of criminal elements in their midst.

Ibrahim Idris was accompanied on the two-day visit to the state by the Deputy Inspector General of Police in charge of Operations, Force Headquarters, Abuja, Mr. Kabila Joshua.

In his remarks, Niger State Governor, Alhaji Abubakar Sani Bello, expressed optimism that the Acting Inspector General of Police will reposition the Police Force as one to be reckoned with in the world.

He stated that the appointment of the Inspector General of Police was based strictly on merit, stressing that Nigerians would see a new way of addressing the country’s security challenges.

“By the grace of God, you will succeed, and I pray to Allah to guide you and your family and to protect you, add to your wisdom and give you all the courage to do what is necessary to provide us with a safer Nigeria,” he said.

Governor Bello however warned the new IGP to beware of hypocrites and sycophants within and outside the force.
Read More »

Abia governorship crisis deepens over conflicting court rulings

Abia governorship crisis deepens over conflicting court rulings

The governorship crisis in Abia State took a turn for the worse yesterday with conflicting rulings from different courts in Abuja and Owerri, Imo State.

Moments after a Federal High Court in Owerri ruled out Dr. Uche Ogah as possible replacement for the incumbent Governor Okezie Ikpeazu, Justice Okon Abang of the Federal High Court, Abuja delivered another ruling upholding the certificate of return the Independent National Electoral Commission (INEC) earlier issued to Ogah as the governor of the state

The judge also refused an application by the Peoples Democratic Party (PDP) for stay of execution of the judgment he had earlier delivered sacking Governor Ikpeazu.

He described as an abuse of court process, the two applications for stay of execution filed by the PDP, and proceeded to dismiss them.

The state’s political landscape had been torn between the supporters of Ogah and those of Ikpeazu after Justice Abang declared Ogah the authentic governor on June 27.

Acting on Justice Abang’s order that Ogah should be sworn in as governor with immediate effect, the Independent National Electoral Commission (INEC) immediately issued the latter a certificate of return.

Ogah would indeed have been sworn in as governor but for the death of former Minister of Transport, Chief Ojo Madueke, and the declaration of a holiday by Governor Ikpeazu to mourn the deceased former minister.

The court in Owerri had issued what looked like ultimate relief for Ikpeazu yesterday with its declaration that Ogah was “not eligible to enjoy the outcome of the PDP primary because he rejected the result of the primary.”

The Court also dismissed a suit filed by Chief Friday Nwosu, seeking the removal of Governor Ikpeazu for allegedly presenting a forged tax certificate to his party, the People’s Democratic Party (PDP).

Nwosu, a governorship aspirant on the platform of the PDP and participant in the party’s governorship primary on December 8, 2014, had approached the court, praying that he be declared the governor on the grounds that Ikpeazu was not qualified to represent the PDP during the 2015 governorship election.

Delivering judgment on the suit, the presiding judge, Lewis Allagoa, said the plaintiff, through his counsel, failed to justify his claim that the tax certificate submitted by Ikpeazu was forged.

Allagoa said besides looking at documents in litigation, adequate clarification and additional proof by experts were required for a forgery claim to be established by law.

On the claim that Ikpeazu was not properly taxed in 2011, the court said it was not the duty of Ikpeazu but that of the tax official to determine how he should be taxed.

The court said since the issuing authority (Abia State Board of Internal Revenue) was not joined in the suit or an expert engaged to ascertain the authenticity of the document, it would be unlawful for the court to rule in favour of the plaintiff.

On the third relief sought by the plaintiff, seeking dismissal of Ogah’s claim to the governorship position, the court ruled in favour of the plaintiff, saying Ogah was not eligible to enjoy the outcome of the PDP primary because he rejected the result of the primary by refusing to sign it and petitioning the party to conduct another exercise.

Allagoa had earlier favoured Nwosu on two other grounds—that the originating summons was properly filed and that the Federal High Court has jurisdiction to hear the pre-election suit.

Reacting to the judgment which lasted more than two hours, Dr Livy Uzoukwu (SAN), J.T.U. Nnodum and Theo Nkire who represented the Independent National Electoral Commission, PDP and Ikpeazu respectively, described it as a landmark.

Nkire specifically commended the judge for his industry in reviewing all the issues raised by parties and giving at the end a sound judgment that would be hard to fault elsewhere.

But a counsel to Nwosu, Ajayi Ilesanmi, said the court failed to consider the issues before it, vowing to appeal the judgment.

According to him, “Paragraphs 2,3,4,5 and other portions of our reliefs and affidavit evidence before the court show that he positively claimed before the court that Dr. Okezie Ikpeazu submitted false tax documents and deposed to false oath in support of his nomination form.

“The testimony of the Abia State Director of Tax, James Okoji, shows that Ikpeazu started work in Abia State Passenger Integrated Manifest Scheme (ASPIMS) in January 2011, while his appointment paper read July 2011.

“Does it mean he started paying tax before he was appointed? These are some of the issues we want the Court to resolve.

“Some of the tax receipts bore serial numbers suggesting that they were paid same day while one was paid on a Saturday, which is a non-working day in Nigeria.

“We disagree with some aspects of the judgement concerning the qualification of the governor to continue to hold on to the position, but will not say further until we get full briefing from our client.

“I have no doubt that the appellate courts will vindicate us.”

Supporters of Governor Ikpeazu, who had attended the court in uniforms were seeing dancing and singing songs of victory after the judgment.

Fortune reversed

In Abuja, however, it was a reversal of fortune for the rival camps as the Federal High Court, Abuja upheld the certificate of return issued by INEC to Ogah as the Governor of Abia State.

The judge also refused an application by the Peoples Democratic Party (PDP) for stay of execution of its judgment sacking the incumbent Governor, Okezie Ikpeazu.

Justice Abang berated Ikpeazu for going before the Abia State High Court, Osisioma to obtain an ex-parte order with the intention of frustrating the execution of the judgment of his court.

Justice Abang spoke while delivering two rulings in relation to the applications by Ikpeazu and his party, the PDP for the stay of execution of the court’s judgment in the suit marked: FHC/ABJ/CS/1086/2014 and filed by a PDP member, Obasi Uba Eleagbara.

The proceedings yesterday lasted about seven and half hours, from 9am to 4:30pm.

When the case by Eleagbara was called, Ikpeazu’s lawyer, Wole Olanipekun (SAN) told the court that he was not ready to argue the application for stay of execution filed on behalf of his cleint.

Olanipekun sought an adjournment on the ground that he was new in the case and had not studied the application.

But, lawyer to the plaintiff, Alex Iziyon objected to an adjournment and insisted that the application must be argued.

On sensing that the judge was inclined to hearing the application, Olanipekun applied to withdraw the application. Iziyon did not object to Olanipekun’s application to withdraw, but told the judge to dismiss the application.

Ruling, Justice Abang noted that having taken steps to circumvent the execution of the court’s judgment, the court could no longer indulge him.

Justice Abang said: “Dr. Ikpeazu slapped the court in the face; went to a different court that is of coordinate jurisdiction and obtained another ex parte order that has the effect of neutralising the order of this court.

“He slapped the court in the face, he cannot expect the court to grant him an indulgence. I so hold.

“You cannot flout an order of court and expect the court to listen to you and grant you a discretionary indulgence. It is a serious matter to slap a court.”

While dismissing the applications for stay of execution by the PDP, Justice Abang said the party’s decision to file two application at the same time was an abuse of court process.

He said: “The judgment of this court was given in favour of Dr. Sampson Ogah. One of the orders directed the PDP to forward the names of the person with the second highest votes at the PDP primary, Okezie Ikpeazu having been disqualified from con testing the primary, to INEC as the party’s candidate for the election.

“The order made against Ikpeazu was rightly made. It subsists until it is set aside on appeal.

“There is no issue of stay of execution. The judgment having been enforced by INEC, there is nothing to stay.

“The judgment has been executed, certificate of return has been issued in favour of Ogah as Governor of Abia State.

“There is no evidence that the motion for stay was served on INEC before it issued the certificate of return. Therefore, INEC lawfully issued the certificate of return to Ogah, which was issued in compliance with the orders of the court,” Justice Abang said.

The judge awarded N40,000 cost against PDP to be paid to Ogah before it could take any further steps in the case.

Earlier in relation to the case by Ogah, the judge elected to suspend further proceedings on the application for stay of the judgement in the case filed by Ikpeazu.

The judge said his decision to stay further action in the case pending appeal, was informed by the concession by Iziyon that the appeal filed against the judgment had been entered at the Court of Appeal and that records of appeal had been compiled.

The judge said he would have proceeded to hear the applications pending before his court, including the one by Ogah, which sought to set aside the order made the Osisioma High Court, but for the concession of Iziyon that the appeal having been entered, the trial court should stay all actions.

Justice Abang, who drew a distinction between when a trial court could or could not stay proceedings because appeal had been entered at the Court of Appeal, said where it was an appeal against a final judgment, the trial court has the jurisdiction to hear an application for stay of execution.

He relied on the provision of Order 7 Rule 3 and 4 of the Court of Appeal Rules to hold that a trial court could only stay proceedings where an appeal is entered at the Appeal Court if such an appeal was on an interlocutory decision.

Justice Abang further held that where the decision appealed against was a final judgment of the trial court, such a court has the jurisdiction to first determine an application for stay of execution before such application is filed at the appellate court, where the trial court refuses it.
Read More »

Accidental Discharge: Police Orderly Shoots Self At MMIA Airport Ikeja Lagos

Accidental Discharge: Police Orderly Shoots Self At MMIA Airport Ikeja Lagos

Accidental Discharge: Chaos As Police Officer Shoots Himself At MMIA Airport Ikeja Lagos

2 people were injured yesterday at the General Aviation Terminal of MMIA in Ikeja Lagos when a police orderly trying to remove the magazine of his gun accidental shoots himself and a woman.

The police orderly attached to a Senator who was to travel on Arik Air wanted to lodge his gun, which is a standard practice on air travel, but the gun released a bullet that splinted and hit both the man and the woman on the leg as he bent down to pull the magazine out of the gun.

The two were taken to the hospital within the airport. They both walked into the hospital unaided, which indicated that their injury was not severe.

What do you think?
Read More »

Photos: ISIS Beheads 3 Footballers & Coach In Syria, Claims Sport Is Anti Islamic

Photos: ISIS Beheads 3 Footballers & Coach In Syria, Claims Sport Is Anti Islamic

Pictures: ISIS Beheads 3 Al-Shabab Football Players & Coach In Syria, Claims Sport Is Anti Islamic

Dreaded Islamic state militants, ISIS have beheaded 3 footballers in the city of Syria for allegedly playing an anti-Islamic sport.

The extremists banned organized sports like soccer after taking over the city of Raqqa more than 24 months ago.

The footballers beheaded were members of Al-Shabab football club.

Photos: ISIS Beheads 3 Footballers & Coach In Syria, Claims Sport Is Anti Islamic

Photos: ISIS Beheads 3 Footballers & Coach In Syria, Claims Sport Is Anti Islamic

Photos: ISIS Beheads 3 Footballers & Coach In Syria, Claims Sport Is Anti Islamic

Photos: ISIS Beheads 3 Footballers & Coach In Syria, Claims Sport Is Anti Islamic

Photos: ISIS Beheads 3 Footballers & Coach In Syria, Claims Sport Is Anti Islamic

What do you think?
Read More »

Nigerian Engineer Who Beat Wife To Stupor For Preparing His Meal Late Arrested

Nigerian Engineer Who Beat Wife To Stupor For Preparing His Meal Late Arrested

File photo

Nigerian Engineer Who Beat Wife To Stupor For Preparing His Meal Late Arrested

Monday Usifo, a 45-year-old man who allegedly beat up the wife for preparing his meal late was on Friday arraigned in an Ikeja Chief Magistrates’ Court.

The accused, an engineer, who lives at No.19, Emmanuel St., Ketu Alapere, a suburb of Lagos is being tried for assault.

The prosecutor, Sgt. Rapheal Donny, told the court that the offence was committed on April 17 at the accused residence.

Donny said that the accused alleged that his wife, Blessing, did not prepare his food on time, and resorted to beating her.

“The accused hatchet his wife with a cutlass on the head, which led her to bleeding profusely.
“If not for the intervention of the neighbours, who rushed the victim to the hospital, it would have been another story entirely,” he said.

The offence contravened Section 171 of the Criminal Law of Lagos State, 2011.
The accused, however, pleaded not guilty.

The Chief Magistrate, Mr Tajudeen Elias, granted the accused bail in the sum of N100,000 with one surety in like sum.

He adjourned the case till July 20 for hearing.

What do you think?
Read More »

Photos: Italian Mafia Amedeo Mancini Arrested For Killing Nigerian Refugee Charged With Murder

Photos: Italian Mafia Amedeo Mancini Arrested For Killing Nigerian Refugee Charged With Murder

Pictures: Italian Mafia Amedeo Mancini Arrested For Killing Nigerian Refugee Charged With Murder

The Italian football hooligan who killed an innocent Nigerian refugee, Emmanuel Chidi in Italy few days ago has been arrested.

According to ANSA news, Amadeo Mancini who was previously banned from the local stadium where the attack took place has been charged with murder.

Photos: Italian Mafia Amedeo Mancini Arrested For Killing Nigerian Refugee Charged With Murder

The deceased on his wedding day

Photos: Italian Mafia Amedeo Mancini Arrested For Killing Nigerian Refugee Charged With Murder

He reportedly called the deceased a monkey before a verbal fight turned violent on Tuesday.

In the process, he reportedly beat Emmanuel to a coma. He was pronounced dead at the hospital on Wednesday.

What do you think?
Read More »

Davido Flees Congo Concert Venue As Riot Breaks Out

Davido Flees Congo Concert Venue As Riot Breaks Out

Davido Flees Congo Concert Venue As Riot Breaks Out

Just like Wizkid who didn’t perform at a concert in London on Thursday because of visa issues, star singer Davido has fled for his life in far away Lumbumbashi Congo.

Davido arrived Congo two days for a concert scheduled to hold last night however on getting to the venue of the concert, riot broke out.

The singer had no option than to flee for his dear life.

This is what Davido told fans on the social media few hours ago;

‘there’s a riot at my show. Police VS fans, crazy F**king shit. They raped one of the opening acts opening for me’.

Be the first to comment - What do you think?
Read More »

Fresh war brewing in the Psquare group as Peter Okoye attacks brother, Jude

Fresh war brewing in the Psquare group as Peter Okoye attacks brother, Jude

Peter Okoye has expressed his frustrations over a recent show that was promoted in Congo by Jude Okoye using the Psquare brand. The father of two is upset that the his name was used in hyping the show when he never endorsed it in the first place due to unfavourable contract terms.

Scroll down to read his rants...

DISCLAIMER

This goes out to all my Fans in Congo Specifically and the entire world in General.

My attention has been drawn to a much publicised show holding today 8th July, 2016(VIP SHOW) and tomorrow 9th July, 2016,(in Goma) and on the 17th of August in Kinshasa wherein the name Psquare was used maliciously and mischievously to garner patronage and huge fans attendance as against the stage name Rudeboy which is used when my Twin Brother, Paul, and Co-owner of the stage name Psquare performs alone.

I never endorsed the usage of my name as the contractual terms presented were not favourable to me, thus I am not part of the show booked by our former manager Jude and I wholeheartedly disassociate myself from the unauthorized use of my Co-owned stage name (Psquare) and images for promotional and economic reasons without my express written consent or permission.

Contrary to the wild allegations making the rounds that I could not attend the show because I am sick and missed my flight along with my crew members, I wish to counter same and state categorically, that I am 101% healthy.

I shall take appropriate legal actions in the nearest future against the promoters and the sponsors of these events for character assassination and malicious misrepresentation.

Thank you.
MR.P (Peter of Psquare)

Read More »

Friday, July 8

Skye Bank shares drop further by 8.42%

Skye Bank shares drop further by 8.42%

Skye Bank’s shares on Friday on the Nigerian Stock Exchange (NSE) dropped further by 8.42 per cent following investors continued reaction to removal of the bank’s board and executive management.

The Central Bank of Nigeria (CBN) removed the board and management of the bank on Monday, and replaced them with another, a measure it said, was to redirect the bank.

The News Agency of Nigeria (NAN) reports that the trading on Friday, the bank lost 8k to close at 87k per share.


The bank’s shares had depreciated by 9.5 per cent on Monday, forcing it to close at 95k per share.

A breakdown of the activity chart on the Exchange showed that investors sold 21.59 million shares of Skye Bank valued at N18.79 million.

Alhaji Rasheed Yussuf, immediate past President, Association of Stockbroking Houses of Nigeria (ASHON), said that the shares of the bank were on offer but nobody was buying.

Yussuf urged the new management of the bank to map out strategies to assure and reassure shareholders and investors.

Further analysis of the losers’ table showed that Forte Oil lost N8.93 to close at N171.90 per share, while Beta Glass dipped N4.17 to close at N38.66 per share.

Lafarge Wapco shed N3.35 to close at N63.65 per share and GlaxosmithKline dropped N2.24 to close at N20.78 per share.

Consequently, the All-Share Index shed 147.08 points or 0.51 per cent to close at 28,854.98 compared with 29,002.06 achieved on Monday.

Also, the market capitalisation which opened at N9.96 trillion lost N50 billion to close at N9.91 trillion.

On the other hand, Stanbic IBTC gained N1.54 to close at N16.60 per share.

Oando gained 68k to close at N8.05 per share, while Dangote Cement garnered 50k to close at N191.50 per share.

Guinness improved by 49k to close at N99.99 and Zenith International Bank gained 33k to close at N15.45 per share.

NAN reports that GT Bank recorded the highest volume of activities, exchanging 32.47 million shares worth N750.33 million.

FBN Holding came second with an exchange of 26.35 million shares valued at N100.52 million, while Oando sold 25.52 million shares worth N204.52 million.

Access Bank accounted for 23.17 million shares worth N132.02 million.

In all, a total of 234.96 million shares valued at N2.29 billion were traded by investors in 4,145 deals.

This was in contrast with 142.84 million shares worth N1.35 billion exchanged in 3,321 deals on Monday.
Read More »

I will not hide anything from Nigerians - Buhari

I will not hide anything from Nigerians - Buhari

President Muhammadu Buhari on Friday said that his administration will not hide anything from Nigerians in its resolute commitment to restore the economic fortunes of the country and deliver prosperity to them.


Receiving the Northern Christian Leaders Eagles Eyes Forum at the State House, Abuja, the President appealed to the religious leaders not to lose hope in the unity, stability and progress of the country.

Buhari, in a statement by the Special Adviser on Media and Publicity, Femi Adesina, also emphasized that the Federal Government will continue to prioritize the safety of lives and property, in addition to equipping Nigerian farmers with the right tools, technology and techniques to boost agriculture.

He said: “You must tell your followers the truth about the country. We have nothing to hide because we have no other country but Nigeria.

“Tell them to give us a chance to stabilize the country. Your concern for the security, unemployment, anti-corruption campaign and the frequent altercations between herdsmen and farmers are genuine concerns.

“I know the Ministry of Agriculture and the Governors Forum are doing a lot to resolve the lingering crisis between herdsmen and farmers, we must give them a chance,’’ the President said.

He thanked the Christian leaders for their support to the Federal Government’s anti-corruption campaign and other policies geared towards reviving the economy.

He added: “It is saddening that some of those who stole from our national resources put the money in their personal accounts.

“However, it is gratifying that those who stole money and shared funds meant for the purchase of arms for our military are regretting their actions and they will regret more.

“Those caught in corruption will have themselves to blame,’’ he said.

In his remarks, leader of the Forum, Pastor Aminchi Habu called on Nigerians to support the President’s anti-corruption war and his vision to restore the lost glory of Nigeria.

“In your administration, I see a new Nigeria where the fear of bribery, corruption and extortion is the beginning of wisdom.

“I see a new Nigeria, where tribalism, religion and ethnicity is no longer a barrier that separates us but a bond that unites us for a greater tomorrow,’’ he added.
Read More »

New NNPC GMD takes over from Kachikwu

New NNPC GMD takes over from Kachikwu

The newly appointed Group Managing Director of the Nigerian National Petroleum Corporation, Dr. Maikanti Kacalla Baru has paid tribute to the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu for recommending him to the President for appointment as Group Managing Director of the Corporation.

Speaking at a brief but colourful hand-over ceremony at the NNPC Towers on Friday, Baru also pledged not to disappoint Mr. President for reposing so much confidence in him to head the Corporation.


While pledging to continue with the ongoing comprehensive restructuring exercise of the NNPC which he said has become inevitable, Dr. Baru promised to exploit the immense experience of NNPC staff to maximize output in the ongoing restructuring exercise.

“Engagement of staff in major restructuring exercise is a key success factor that I will pay attention to while continuing with the restructuring effort,” he said.

Baruunfolded his 12-point agenda to include: Creating an all-inclusive internal advisory council on security comprising representatives from NNPC, the IOCs, the Unions and Security Operatives to brainstorm and address host community agitations to complement efforts of the Government Security Team; implementing the new business models and grant the needed autonomy to the strategic business units and autonomous business units; providing relevant directions and control that would ensure their growth and profitability, continuing to explore ways of relieving Government from the burden of cash calls obligation as well as address and defray the agreed cash call arrears of the IOCs and restore oil and gas production and grow the reserve portfolio.

Other areas the new GMD promised to focus on are: Increasing crude oil production by the Nigerian Petroleum Development Company, NPDC, reviewing all weak contractual agreements and terminate bad ones as appropriate, leveraging on equity positions to cause the development of key gas assets for both domestic and export as well as pursuing the expansion of gas network across the country, repairing and restoring oil and gas pipeline infrastructure as well as providing robust security system for both detection and deterrent in conjunction with the existing security arrangement.

He also promised to: improve refining efficiency of the four existing refineries to pave the way for future expansion, pursue diversification of businesses by refocusing on the implementation of Renewable Energy Programmes and Frontier Exploration Services, continue with the drive to make the venture businesses profitable and ensure service delivery, entrench the culture of professionalism by doing the right things at all times through transparency, accountability, and respect for all, ensure adequate staff welfare and motivation, training and capacity building.

The new GMD poured encomiums on Kachikwu for the manner in which he has piloted the oil and gas industry in the past eleven months while promising to work closely with him to achieve Mr. President’s aspiration for the oil and gas industry.

“We are indeed impressed with the positive accomplishments achieved so far, your vision for NNPC and the energy you brought into the sector all in an effort to reposition the oil and gas industry towards growth and profitability,’’ he said.

In his address, Kachikwu thanked Mr. President not just for the opportunity but for the foresight in making him serve first as GMD before appointing him as Minister of State for Petroleum Resources noting that the achievements so far recorded in the industry have given credence to the President’s foresight. The Minister also extoled the virtues of the new GMD describing him as a thorough breed oil and gas professional.

“Eleven months ago when Mr. President asked me to take over the mantle of leadership of GMD there was indeed an urgency of now, morale was low, there was a lot of issues of transparency on the table, profit index was very poor…
Looking back now one must be very grateful to the President not just for the opportunity but for the foresight,’’ he said.

Kachikwu listed the achievements recorded in the last eleven months under his leadership to include: Sanitization of the fuel supply and distribution matrix due to the introduction of the downstream liberalization regime, reduced upstream contracting period to nine months from initial upwards of two years and the redirection of the NNPC on the path of profitability as witnessed in the May 2016 NNPC Monthly financial report which posted a profit of =N=274 million.

Other achievements he spoke of include: prompt remittance of oil proceeds to the Federation Accounts, monthly publication of NNPC Financial reports, review of old models contracts like crude SWAP which saved the Corporation a whopping $1 Billion annually,
The Minister also informed that under his watch $80 billion MoU with Chinese investors was recently secured.
Read More »

Nigeria To Shift Crude Oil Drilling From Troubled Niger Delta To Lake Chad Basin

Nigeria To Shift Crude Oil Drilling From Troubled Niger Delta To Lake Chad Basin

Nigeria will soon start drilling crude oil in Lake Chad Basin region in what is supposed to boost the country’s output.

The resolution was reached after efforts to placate militant groups in Niger Delta failed.

The exploitation of oil outside the traditional crude oil stronghold is to plug the hole created by the destruction of oil and gas infrastructure by the militant groups.

Oil drilling in the Delta, Rivers and Bayelsa states have largely been disrupted by insecurity in the areas bringing down the daily production to one million barrels from 2.2 million barrels.

The minister of state for petroleum, Dr Ibe Kachikwu, on Friday, confirmed oil drilling in the Chad Basin saying it will start in the last quarter of this year.

Chad Basin is located in the northeast where activities of Boko Haram have been countered significantly.

“The decision to diversify our business portfolio is about all of us and about the future of our dear country, the vision is clear, and we are determined not to fail,” Dr Kachikwu said.

The oil field already mapped out and secured covers 3,350 square kilometres.

The production from the well would help achieve the daily target of 2.5 million barrels.
Read More »

Trending News