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Saturday, March 19

Oil Hits 2016 High, Heads Toward $43 Per Barrel

Oil Hits 2016 High, Heads Toward $43 Per Barrel

Oil rose above $42 a barrel on Friday, hitting its highest this year and extending a rally into a fourth week on expectations of a production freeze by major exporters.

Brent crude’s front-month contract LCOc1 was up at $42.44 a barrel while U.S. crude CLc1 gained 84 cents to $41.04 a barrel after rising as high as $41.13.

The benchmark had jumped by 4.5 per cent to close the previous session at $40.20.

Oil prices have surged by more than 50 per cent from 12-year lows reached in December. The rise is bolstered as the Organisation of Petroleum Exporting Countries, OPEC, floated the idea of a production freeze, boosting brent from about $27 and U.S. crude from around $26.

Many analysts think there is still steam in the rally. “We are leaving the period of low demand and starting to move toward the period when demand increases over the summer,” said Olivier Jakob, oil market analyst at Petromatrix at Zug in Switzerland.

He added that the massive oil glut that had helped to hammer prices last year at last appears to be stabilising. “We’re moving towards looking at an old surplus, rather than a new one being built up,” he said, adding that it is likely that Brent will stabilize around the mid-$40s.

Analysts said dollar weakness was also lifting oil. The dollar index is down 3.2 per cent so far this month.

A weaker dollar makes oil, which is priced in the U.S. currency, more affordable to holders of other currencies.

OPEC kingpin, Saudi Arabia and non-OPEC producers led by Russia will meet on April 17 in the Qatar capital, Doha in an effort to freeze supply.
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For Real? See What Amber Rose Has Vowed to Do If Donald Trump is Elected President of America

For Real? See What Amber Rose Has Vowed to Do If Donald Trump is Elected President of America

For Real? See What Amber Rose Has Vowed to Do If Donald Trump is Elected President of America

Amber Rose

Popular model and actress, Amber Rose, has made a vow to do a radical thing if the American Republican presidential candidate is elected president.

Amber Rose has said she will leave the U.S. and live in Canada if Donald Trump is elected as president in November.

The businesswoman added she would be voting for Hillary Clinton - and now was the time for the Democratic nominee to 's*** on everyone and be the powerful woman she is'.

In an interview with The Daily Beast, she explained she was no fan of Trump's, joking she prepared to move to Canada if he gained power.

She told the website: 'I’m leaving the United States if [Trump] is elected. F*** it. I’m moving to Canada. It’s over.'

Rose added she was extremely excited about the upcoming election and the chance for the U.S. to elect Clinton as its first woman president.

'I’m voting for Hillary, I don’t give a f***. I love her, and always have. I feel like this is her time to just s*** on everybody and be the powerful woman that she is.'
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I'm Being Tried for Opposing Obasanjo's 3rd Term - Ex Gov. Orji Uzor Kalu Cries Out!

I'm Being Tried for Opposing Obasanjo's 3rd Term - Ex Gov. Orji Uzor Kalu Cries Out!

Orji Uzor Kalu

The former governor of Abia state, has described his trial by the Economic and Financial Crimes Commission (EFCC) as part of the price he has to pay for opposing the alleged third term bid of former president Obasanjo.

In a statement issued by Ebere Wabara, a spokesman, former governor of Abia state, Orji Kalu, has described his trial by the Economic and Financial Crimes Commission (EFCC) as part of the price he has to pay for opposing the alleged third term bid of former president Olusegun Obasanjo.

The business mogul said the supreme court ruling which ordered him to submit himself to the anti-graft agency was an opportunity to prove his innocence.

“This is part of the price I have to pay for opposing the third-term agenda fiasco of former President Olusegun Obasanjo.

“I have all the records and facts of the case. I am willing to submit myself for the rule of law to take its course. That has always been my passionate advocacy right from the lower courts where the case emanated.

“This clarification has become imperative lest oppositional forces mischievously misinterpret the ruling and mislead the public by injecting their jaundiced opinions into the routine directive as had always been with similar cases where the apex court intervened. There is nothing novel about the latest manifestation in the on-going litigation—it was the next thing to expect.

“I assure the EFCC of my continued support and profound cooperation in any further investigation into this allegation. Let me reaffirm that all the defence documents relating to the case are at my disposal and I am willing when the time comes to make them available to the agency.

“There is nothing surprising about this stage of the case. Having exhausted the lower court processes, the next level is where we have arrived and as I have always insisted I will be vindicated at the end of it all. I have nothing to fear as there is no skeleton in my cupboard hence my robust commitment to the rule of law in this and other issues involving me.” the statement read.
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Incredible! Dangote Group Sponsors 800 Nigerians to Understudy Refinery Operations in India

Incredible! Dangote Group Sponsors 800 Nigerians to Understudy Refinery Operations in India

Aliko Dangote in Forbes cover

President of Dangote Group and Africa’s richest man, is sending about 800 Nigerians to India, to learn the operations of a petrochemical refinery.

A source in the multi-billion naira company, Dangote Group, has exclusively confirmed to TheCable on Friday that billionaire business mogul and Africa’s richest man, Alhaji Aliko Dangote, is sending about 800 Nigerians to India, to learn the operations of a petrochemical refinery, adding that the first batch to be trained will leave for India on Sunday, March 20, 2016.

It was learnt that the 800 Nigerians will travel to the Asian country over the next 24 months in a batch of fifties, to learn from the nation with the largest refinery in the world.

India is home to the world’s largest refinery, Jamnagar Refinery Reliance Industries, Jamnagar, which refines as much as 1.2 million barrels per day.

“About 800 will be trained in batches within 24 months. The first batch of 50 is leaving for India on Sunday,” the source said.

Dangote is looking to creating employment within the Nigerian economy, rather than importing expatriates to run the first private refinery in Nigeria.

The refinery, projected to worth $9 billion, is being built to have a refining capacity of about 500,000 to 650,000 barrels per day.

“After receiving a private licence to build a refinery, Dangote has commenced the building of a 650,000 barrel per day (BPD) petroleum refinery, which will be the single largest in the world.

“The refinery would have a larger capacity than all of Nigerian National Petroleum Corporation (NNPC) refineries put together,” the conglomerate said in a statement more than a year ago.

Dangote, who hosted Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), at the site of the refinery in January, assured Nigerians that the refinery would be ready to meet the nation’s need by 2018.
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Nollywood Actress, Ibinabo Fiberesima Reveals Startling Account on Her Journey to Prison

Nollywood Actress, Ibinabo Fiberesima Reveals Startling Account on Her Journey to Prison

Ibinabo Fiberesima

Beautiful Nollywood actress and entertainment heavyweight, Ibinabo Fiberesima could be cooling her heels behind bars for the next 5 years if her appeal at the Supreme Court fails.

Since the incident happened, I have learnt how not to trust anybody any more. I put my trust now in the Lord. And this is better explained in the new song I recorded. The music captures my story. Emotionally, I have been drained and to some extent humiliated, even in public…I wasn’t happy that I was involved in that accident.

I have said it over and over again that I’m deeply sorry that it ever happened. I don’t know how else to atone for the accident. I started begging my victim’s family from the very day the accident happened. My family attended the funeral rites and service of songs and I even attended the 40 days prayer when I was strong enough to move about.

I met with the mother and the wife of the deceased. There’s virtually nothing I didn’t do to plead with the family of the deceased to let me off the hook. I’m still pleading with them as I speak with you right now.”

With this heart-rending statement Ibinabo Fiberesima broke down in tears after she was released from Kirikiri prison in 2009. It was same again Friday last week, as  the appellate court dismissed her appeal and affirmed the High Court’s judgement, which sentenced her to five years imprisonment for manslaughter.

She was convicted following the death of a Lagos-based medical doctor, Dr Giwa Suraj, whom she killed in an auto accident along Lekki–Epe expressway, Lagos. However, seven years after she had that horrible experience, the ex-beauty queen and incumbent president of the Actors Guild of Nigeria, AGN, is back to face the music.

When the news of her conviction went viral on the internet, even her enemies wept for her. But despite the odds, the good thing is that Ibinabo has come to accept her fate, even as she said, she’s always praying for the family of her accident victim, Dr. Giwa Suraj.

Apparently, since the judgement was delivered, it has been greeted with an outpouring of emotion, pain and regrets on the part of Ibinabo’s colleagues. Following her ordeal, major stakeholders in Nollywood refused to last Saturday as they met somewhere in Surulere, to fine-tune plans to mobilize A-list actors and actresses prior to prevailing on the Lagos State government as well as the family of the late Dr Giwa Suraj to temper justice with mercy.

The practitioners, including Mr. Zik Zulu Okafor, Mr Raph Nwadike, Directors Guild of Nigeria, DGN, president-elect, Fred Amata, veteran film maker, Zeb Ejiro, Segun Arinze, Felix Duker, Ifeanyi Dike, Yakubu Mohammed, Mike Iliam among others equally stormed Kirikiri prison the following day to show their solidarity with the incarcerated actress.

While at the Kirikiri prison, emotion pervaded the vicinity as the movie stars took turns to see the actress seated in a small waiting room. Looking depressed and in low spirit, once cheerful Ibinabo expressed faith in God that the days of storms would soon be over. Her look confirmed one thing and that’s there is nothing that rends the heart, that ruins a life so quickly as being shut out of the world.

But while she was trying to hide her emotion, other female inmates were busy having fun, as they kept shouting and waving at some of the popular Nollywood faces who were at the prison. Ibinabo’s lawyer was among the early birds at the prison. He disclosed that he would be heading to the Supreme court, on Monday, to apply for stay of execution of the jail sentence, even as Ibinabo’s son, Sean Liam Coughlan Saturday, urged Nigerians to pray for his mother.

He described Ibinabo as the “most humble woman I know, I was not aware she was a celebrity until I was about 14 and that’s only because my uncle told me. She does not see herself or act as if she is above any other person.”

My relationship with my accident victim’s family:

Meanwhile, a week before she was convicted, the actress painted a clear picture of the kind of relationship that was existing between the family of the deceased and herself. Speaking with  Showtime Celebrity,  Ibinabo revealed that the late Dr. Suraj’s family banned her from coming to visit them.

According to her:

“I don’t have a relationship with the family. They banned me from coming to see them. I used to visit the mother, but they warned me to stop coming to their house. So, I can only pray for them and that’s what I did always.”

Asked if she has ever tried to send the family goodwill messages, the actress replied:

“If I had their GSM lines, I would have sent them messages. But like I said earlier, I was banned from visiting them. They said I should not dare get close to them.”

Also recounting what led to her present predicament, Ibinabo revealed that part of the condition for granting her bail in 2009, was that she should appeal the decision of the High Court, which sentenced her to five years in imprisonment.

When I was granted bail, the condition for granting the bail was that I should challenge the jail term slammed on me by the High Court, and urge the court to restore the decision of the Magistrate Court which fined N100,000 and I paid. And the appeal was only heard in January, that’s all.

The case was between Lagos State government and I,” Ibinabo recounted.

Second journey to Kirikiri prison:

Surprisingly, the appellate court, Friday last week dismissed her appeal as it affirmed the High Court’s judgement. Devastated by this development, the embattled actress broke down and wept like a baby as she was led out of the court after the judge ordered that she should be sent to Kirikiri for the second time.

Painful also was the fact that she was on her way to Port Harcourt when she got a call ordering her to turn back and present herself in court, unknown to her that it would be the beginning of her second journey to Kirikiri prison.

I’m still AGN president:

 Ibinabo also addressed some of the burning issues affecting the smooth running of the actors’ body. According to her, while she was away, they freezed the guild’s bank account, making it almost impossible for the leadership of the guild to draw money for their health insurance scheme.

She debunked the insinuation that she abandoned her office following the High court ruling that sacked her as the president of the guild, maintaining that she’s still the incumbent president of the Actors Guild of Nigeria.

Explaining why she has been away for some time now,the first AGN female president said it was as a result of health challenges. She revealed that she travelled abroad for medical test and they discovered a lump in her breast which has been removed. Speaking further, she said:

“The  welfare of my members comes before any other thing. We must continue to push on our health insurance scheme for our members. I have my own health challenges too. I went for a test and they found a growth- a lump in my breasts which I had to remove. So, if we don’t do these tests continuously anything can happen. We usually take our lives for granted. You must continue to go for routine medical examinations. That’s what AGN is all about. We are here to ensure that our members are properly taken care of. We can’t get our money in the bank to pay for our health insurance because they froze the account. I opened the account before the case started.”

“We are back on track and everything is beginning to happen again. From next week, we would start touring all the states with a free computerized eye screening exercise for all members. We are getting back to our rhythm after all the distractions.

Our members are the ones that have suffered. I think it is time we helped them and pay attention to them. We have lost a lot of our members to death recently. It is very painful because we have not been able to pay for insurance scheme following the crises in the guild.”

However, following the prolonged crisis rocking the actors’ body, Ibinabo lamented a situation where aggrieved members of the Guild would refer to her prison ordeal each time they want to attack her. ”

Every time they want to throw things at me, they would bring it up. I didn’t steal anybody’s money snd I am not a criminal. I was involved in an accident and I have internally remained sorry that it happened. They said I am going to jail again. I almost died the first time I was sent to jail in 2009. I almost committed suicide. But thank God that He brought me out of that depression,” she lamented.
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President Buhari Shops for IGP Solomon Arase's Replacement...See Reason

President Buhari Shops for IGP Solomon Arase's Replacement...See Reason

IGP Solomon Arase

President Muhammadu Buhari is currently seeking a replacement for the Inspector General of Police, Solomon Arase who was appointed by the previous administration

The Inspector-General of Police, Mr Solomon Arase would attain the mandatory retirement age of 60 in June this year, having clocked 35 years in service.

Appointed in April, 2015 by former President Goodluck Jonathan, following the removal of Barrister Sulaiman Abba, over alleged misconduct, the current Inspector General of Police, Mr Solomon Arase Arase, will bow out of office on June 21, 2016, when he would have clocked the mandatory retirement age of 60 years.

About the same time, the Edo-born top police officer would have also served the Nigerian Police Force for 35 years.

Expectedly, with less than three months left, the jostle for who succeeds Arase has began in earnest, however, LEADERSHIP Weekend gathered on good authority, that the disposition of the President Muhammadu Buhari led government does not favour open lobby for all appointments and consequent upon that fact, it has reduced the usual open lobby that characterised such appointments in the past.

Although there are strong indications that the next Inspector General of Police is more likely to come from either North-Central or South-East geo-political zone, there is another school of thought that believes that rather than focusing on any particular geo-political zone for the next IGP, priority should be placed on competence and antecedents in view of the state of insecurity in the country.

Arase might proceed on a compulsory three month terminal leave any time in the next two weeks, preparatory for his retirement in line with the extant laws.

There is also another school of thought that believes even though competence and track records of service be considered above any other consideration in the appointment of a new police boss , both the North-Central and the South-East have such qualities in the police, particularly that a chart of appointments of the service and security chiefs shows that the Chief of Army Staff and Chief of Air Staff are from the North East, the North-West has the Director State Service, the South-West has Chief of Defence Staff and the South-South has Chief of Naval Staff and police IG, leaving out the South-East and North-Central.
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Thursday, March 17

Wow! The Longest Snake in the World Has Been Discovered Deep in the Amazon Jungle (Photos)

Wow! The Longest Snake in the World Has Been Discovered Deep in the Amazon Jungle (Photos)

A new BBC documentary uncovers the 'world's longest snake' which is more than 17 feet long and lives deep in the Amazon jungle.

The supposed longest snake in the world has been discovered by a tribal family and you won't believe how long it is

Scottish filmaker, Gordon Buchanan presents the three-part series called Tribes, Predators and Me, which first airs on BBC Two at 9pm on Sunday.

In the first episode, Gordon joins a Waorani tribal family in remote Ecuador as they hunt for anacondas, the world’s largest snakes.

Wow! The Longest Snake in the World Has Been Discovered Deep in the Amazon Jungle (Photos)

His and the tribe's greatest challenge in the episode is to catch and release a giant anaconda. This is the Amazon’s most dangerous animal, a proven man-eater, but one the Waorani believe gives them great spiritual power.

There is also a scientific reason for the capture as the Waorani are losing their land to oil exploration - with scientists testing anacondas for the effects of oil pollution.

The anaconda caught and then released in the programme is the longest ever to be recorded at more than 17 feet long.

Wow! The Longest Snake in the World Has Been Discovered Deep in the Amazon Jungle (Photos)

For the men of this tribe, capturing and releasing large anacondas unharmed is a demonstration of their bravery which they believe provides them with spiritual power.

In the programme Gordon has two weeks to learn the Waorani tribe’s ancient wildlife secrets. These people are masters of the forest and have learnt to live alongside animals we fear, such as jaguars and even huge anacondas.

With their help Gordon sees mysterious Amazon river dolphins and encounters a powerful jaguar.

Wow! The Longest Snake in the World Has Been Discovered Deep in the Amazon Jungle (Photos)

He joins the Waorani on a dangerous peccary spear hunt and as they pursue monkeys high in the forest canopy, using blow pipes and poison darts.

He sees how the women garden within the forest and how they befriend wild animals such as monkeys, parrots and even huge tapirs.
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Big Python Killed in an Oil Company in Delta State (Photo)

Big Python Killed in an Oil Company in Delta State (Photo)

The killed python snake
 
A big Python capable of causing human death on attack was killed in the South-south part of Nigeria.

A social media user based in Port Harcourt, Rivers state today dropped hints of how a massive python snake was killed within the vicinity of his working place.

See more photos:
Big Python Killed in an Oil Company in Delta State (Photo)

Big Python Killed in an Oil Company in Delta State (Photo)

Big Python Killed in an Oil Company in Delta State (Photo)

Big Python Killed in an Oil Company in Delta State (Photo)

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Rivers State: Governor Nyesom Wike Calls for Amaechi's Arrest


Nyesom Wike and Rotimi Amaechi

As the heat of the re-run election in Rivers state gathers momentum, Wike has ordered for the arrest of his political rival, Amaechi on a condition.

The Rivers State Government led by Governor Nyesom Wike has called on security operatives to adhere strictly to President Muhammadu Buhari’s directives without bias, urging them to arrest the Minister of Transportation, Rotimi Amaechi and prosecute him if he poses any security threat and violates the electoral laws, before, during and after the Rivers State re-run polls, according to PM news.

The Rivers State Commissioner for Information and Communication, Dr. Austin Tam-George who made this declaration in a press statement, said Amaechi’s hotel room and vehicles should be searched to ensure that he was not in possession of sensitive materials of the Independent National Electoral Commission (INEC), before, during and after the election.

The Commissioner said, Amaechi’s plot to truncate the electoral process in Rivers State through the instigation of violence had been perfected two weeks ago.

He called on the security forces to quickly investigate disturbing security intelligence that the All Progressives Congress (APC) had sown fake military uniforms and distributed to its members to cause mayhem during the elections, so as to plunge the State into anarchy.

The Commissioner also requested an urgent investigation into credible information that the INEC ad hoc staff list is already populated with fanatical APC supporters, who have been mandated to rig the elections without scruples.

Dr. Tam-George further posited that “the electoral law is no respecter of any person no matter how highly placed”, and urged INEC to be responsive to its duties and resist being pliable in the hands of Mr Amaechi.

The Commissioner emphasized that INEC should recognize that it would be held to the highest operational and ethical standards throughout the electoral process.
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BREAKING News: Detained Ekiti Lawmaker Reportedly Dies in DSS Detention

BREAKING News: Detained Ekiti Lawmaker Reportedly Dies in DSS Detention

Gov. Ayodele Fayose

Unconfirmed reports have it that the arrested lawmaker in Ekiti state who has of recent been an object of debate has died in the custody of the men of the secret service.

Ekiti State government has announced that a member of the state's House of Assembly has died in the detention of the Directorate of State Services (DSS).

The Commissioner for Information, Youth Sports and Culture, Mr Lanre Ogunsuyi, who made the announcement in a press conference on Thursday, said although the DSS had held him incommunicado since March 4th, "our contacts in the DSS told us that he is dead."

According to Ogunsuyi, "we were told that he developed an ailment last night and he died by morning. The DSS had denied him access to his family, his doctor or to anyone that knows him."

"The Commissioner for Information said they were however, waiting for the DSS to confirm or deny the death of Akanni or produce him for his people to see."

A statement read by Ogunsuyi said: "Information reaching us indicates that one of the abducted members of the Ekiti State House of Assembly, Honourable Afolabi Akanni, has died in the custody of the Department of State Services (DSS)."

The statement added: "Significantly, since his illegal detention, he has been held incommunicado without access to his family members, doctors and lawyers.

"We call on the DSS to immediately clarify the situation as to the status (dead or alive) of Hon. Afolabi Akanni, representing Efon Constituency by producing him physically for all Nigerians, particularly his immediate family to see.

"While we are waiting for the DSS, we urge every resident of Ekiti State, particularly the people of his immediate constituency in Efon, to remain calm."
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