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Power: Fear of revenue loss delays pre-paid meters rollout –Investigation UDEME AKPAN AND CHIDI UGWU

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he fear of huge declines in revenue collections is the main

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reason why Electricity Distribution Companies, DISCOs, have been reluctant to make pre-paid meters available to many households in the country, investigation by National Mirror has re-

vealed. The DISCOs still prefer to retain the estimated billing method inherited from the defunct Power Holding Company of Nigeria, after CONTINUED ON PAGE 5>>

Monday, May 26, 2014

Six hidden bombs yet to explode in Jos ...Cleric sounds the alarm

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24 killed in another Borno attack

INUSA NDAHI, JAMES ABRAHAM, A ZA MSUE AND PRISCILLA DENNIS

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he Archbishop of Jos, Most Rev. Benjamin Kwashi, yesterday raised the alarm that there are six bombs planted in Jos, the Plateau State capital, that were yet to explode. He, therefore, called on security agencies to comb CONTINUED ON PAGE 2>>

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L-R: Commandant, National Defence College, Rear Admiral Patrick Agholor; Chief of Defence Intelligence, Rear Admiral Gebriel Okio; Director, Project Implementation Mornitoring and Evaluation, Rear Admiral James Akinwale and representative of the Chief of Naval Staff, Rear Admiral Ameen Ikioda, during this year's Navy Week Interdenominational Church Service in Abuja, yesterday. PHOTO: NAN

BUSINESS SECTION FG plans massive improvement in national grid –BPEE THE

Mass Transit: Infrastructure Bank recovers 95% revolving loans

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Chibok girls:

We won't yield to blackmail, say Jonathan, Mark Groups call for low-key Children's Day celebration

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We won't yield to blackmail, say Jonathan, Mark TOLA AKINMUTIMI, OMEIZA AJAYI, KEMI OLAITAN, TORDUE SALEM AND THEOPHILUS ONOJEGHEN

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resident Goodluck Jonathan and Senate President David Mark once again talked tough on the abducted students of Government Girls Secondary School, Chibok, Borno State, insisting that the Federal Government would not negotiate with the Boko Haram insurgents for their release. They spoke separately at two different fora on the incident. While President Jonathan re-affirmed government’s earlier stance on the case of the abducted girls at the Asu Ekiye musical concert and fund raising ceremony held on Saturday night in Abuja, the Senate president spoke in Ikom, Cross River State, at an empowerment programme organised by the Senate Leader, Victor Ndoma-Egba, for his constituents in the Cross River Central Senatorial District. Represented by his Senior Special Assistant on Youth and Students Matters, Jude Imagwe, the President commended the spirit of the Nigerian masses in the face of the insurgency, saying that Nigerians had won the fight against terrorism by their resolute spirit. He urged Nigerians to support government’s efforts to bring back the girls, adding that the terrorists had declared war on the citizens and they must rise up as one to fight and win back the country. Imagwe said: “We must rise up to tell them that they cannot win us. They must release our sisters back to us unconditionally but Nigerians must join hands with the government to encourage our security agencies to find the girls and bring them back to us. “The terrorists have declared war against the citizens of Nigeria and Nigerians must rise up as one people to fight and win back our country. “Our security men are working, their mission is to ensure that Nigeria is a safe place and what Nigerians should do this time is to pray for them and support them.”

Mark said that government would not negotiate with criminals. According to him, the Federal Government has the resources to deal with insurgency, criminals and those blackmailing it. “Anytime I have an opportunity in these times to make a comment, I take pains to say something very important. This government will not yield to blackmail. “This government cannot negotiate with criminals and this government will not exchange people for criminals, a criminal will be treated like a criminal. “This government will, at no distant time, bring the issue of Boko Haram and insecurity in the northern part of this country to a long term and logical conclusion. “We will mobilise all resources. If people declare war on us, we will also declare war on them. “If Boko Haram and their supporters are not ready for peace, we will be glad to deal with them in the manner people deal with terrorists and insurgents. It is not by negotiation,” Mark said. He expressed happiness with the cordial relationship existing between Ndoma-Egba and Cross River State Governor Liyel Imoke. Mark said the Senate Leader had attracted meaningful, sustainable development and empowerment programmes to the state. But a delegate to the National Conference, Dr. Kunle Olajide, disagreed with the position of Mr. President and Mark, urging government to accede to the condition given by the insurgent. Olajide, who made the appeal while speaking with journalists in Ibadan, said Chibok was a product of long years of misgovernance, misrule, misapplication of resources, wastage and corruption. He said: “Chibok is a product of the menace that has been long standing in this country. As far as I am concerned, I will be prepared to swap anything that is swappable for the release of these innocent girls. I will swap the most hardened criminal for these innocent girls to be freed. I will trade off anything possible for these girls to be released.” Reminded that there were claims that government didn’t know the in-

surgents, Olajide, a Federal Government’s nominee to the confab, added: “Of course, we know them. Government has negotiated with them before. There is the Turaki committee, Obasanjo has visited them before. Shehu Sani of recent was a link person and of course too, my own friend, Datti Ahmed, has been the major link. We know them. “They are human beings from Nigeria and without being labelled a blaspheme, I want to say that some of the northern leaders too know them very well because I have not even seen some of them criticising them vigorously (except very few of these leaders).

“So for me, I will trade off anything to make sure that these innocent girls are released to their parents. You can imagine the level of trauma and psyche the girls and their parents are passing through.” Meanwhile, some groups have called on governments to make this year’s Children’s Day celebration lowkeyed. An Abuja-based nongovernmental organisation, Helpline Foundation for the Needy, while calling for a low-keyed celebration of Children's Day and Democracy Day, expressed grave concern over the fate of the schoolgirls whose whereabouts were officially un-

known. The foundation tasked both foreign and local security operatives to secure their immediate release. President of the foundation, Mrs. Jumai Ahmadu, made the call yesterday at a press conference in Abuja. She said in view of the unfortunate incident, there was no need to commemorate the events in a bogus fashion. Also, a Warri-based human rights lawyer, Alhaji Mumakai Unagha, urged the Federal Government to cancel any plan to celebrate the Children’s Day. While condemning the continuous holding of the girls by Boko Haram, Un-

agha called on the Federal Government to negotiate with the sect for the safety of the kidnapped innocent girls. The legal practitioner made the call while speaking with journalists. He also called on children and youths in to boycott the celebration if the government was unable to rescue the kidnapped, stressing that there was no reason for children to celebrate when their colleagues were languishing somewhere in an unknown forest. Meanwhile, female members of the House of Representatives, led by Hon. Beni Lar, have called for the release of the schoolgirls.

L-R: Minister of State for FCT, Olajumoke Akinjide; Deputy Speaker, House of Representatives, Hon. Emeka Ihedioha; Deputy Senate President, Ike Ekweremadu; Senate President David Mark; President Goodluck Jonathan; First Lady, Dame Patience; mother of the President, Mrs. Eunice Jonathan; Chief of Staff to the President, Brig.-Gen. Jones Arogbofa (rtd) and Secretary to the Government of the Federation, Pius Anyim, during the Democracy Day Inter-Denominational Church Service in Abuja, yesterday.

Six hidden bombs yet to explode in Jos CONTINUED FROM PAGE 1

the city to locate them. The cleric sounded the alarm following the confession of a suspected Boko Haram member arrested in connection with the twin bomb blasts that rocked the city last week that 10 bombs were planted by the sect. The Archbishop spoke in Minna yesterday while delivering a sermon entitled: “The Good Shepherd” at the dedication of the Minna Cathedral of the Anglican Communion and the presentation of four Archbishops. He said: “There were twin bomb blasts a few days ago in Jos in which many people were killed. Just yesterday when I was about to come to Minna, another bomb exploded in Jos again. We are aware that one of the Boko Haram arrested by the security has confessed that they planted 10 bombs in the

city. “We are also aware that one of the bombs has been seen and detonated by the police. But where are the remaining six? The police must urgently search and recover the hidden bombs to save lives and property.” While lamenting the devastating effects of the insurgence on the Church of Nigeria, Anglican Communion, Kwashi expressed sadness over the killing of three of its deacons in Taraba State. He said: “The Archbishop of Taraba State has sent me a report that we lost three of our deacons in the state, while in Adamawa State, eight members were recently killed. No good shepherd will be happy about such loss of his herd.” He called on the church to remain steadfast in prayers while seeking divine intervention for the country to

overcome its present security challenges. Four Archbishops, including Ignatius Kattey of the Province of the Niger Delta, Michael Akinyemi (Kwara), Emmanuel Chukwuma (Enugu) and Emmanuel Egbunu (Lokoja) were presented as Archbishops by the Archbishop, Metropolitan and Primate of All Nigeria (Anglican Communion), the Most Rev. Nicholas Okoh. Meanwhile, the National Emergency Management Agency, NEMA, yesterday confirmed that four persons, including a suicide bomber, died in Saturday night’s bomb blast in Jos. According to NEMA, four of the victims, including the suicide bomber, died instantly in the explosion, which occurred near a viewing centre on Bauchi Road. NEMA Principal Planning Officer, North Central

Zone, Muhammed Suleiman, who was at the scene of the explosion yesterday, told journalists that they recovered three bodies on Saturday night while another was recovered yesterday morning. As reactions continued to trail the renewed bomb blasts in the state, Governor Jonah Jang said the state could not be cowed into submitting to terror. He urged the people to remain courageous and have faith that the war on terrorism would be won. Jang, in a statement by his Director of Press and Publicity Mr. James Manok, said, “This third bomb blast is a calculated attempt to disrupt the peace and normalcy which has since returned to the state”. According to the governor, security agencies in the state should fish out the perCONTINUED ON PAGE 5>>


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Monday, May 26, 2014

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L-R: Chairman, Premium Poultry Farms Ltd, Alhaji Mahey Rasheed; Team Leader, Poultry Transformations, Prof. Funso Sonaya and National President, Poultry Association of Nigeria, Dr. Ayoola Oduntan, during the National Poultry Summit in Lagos on Saturday.

L-R:Former Chairman of the Independent Corrupt Practices Commission, Justice Emmanuel Ayoola (rtd) and Chairman, Legal Aid Council of Nigeria, Chief Bolaji Ayorinde (SAN) during the presentation of the book, ‘Guide to Development in Criminal Justice System in Nigeria’ in Ibadan on Saturday.

L-R: Executive Director, South South/Retail Banking, Skye Bank Plc, Mrs. Ibiyre Ekong; Company Secretary/Legal Adviser, Mrs. Abimbola Izu; Group Managing Director/Chief Executive Officer-designate, Mr. Timothy Oguntayo; Deputy Managing Director-designate, Mrs. Amaka Onwughalu and Executive Director, Enterprise Wide Risk Management, Mr. Dotun Adeniyi, at bank's pre annual general meeting media briefing in Lagos at the weekend.

L-R: U.S Consul General in Nigeria, Jeffrey Hawkins; U.S Secretary of Commerce, Penny Pritzker; Chief Executive Officer, GE Nigeria, Dr. Lazarus Angbazo and Chief Executive Officer, GE Africa, Jay Ireland, during the visit of the U.S Secretary to GE Nigeria's corporate office in Lagos recently.

National News

Jonathan not booed in South Africa –Presidency ROTIMI FADEYI ABUJA

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he Presidency yesterday said that President Goodluck Jonathan was not booed during his visit to South Africa for the inauguration of President Jacob Zuma at the weekend. Special Adviser to the President on Media and Publicity, Dr. Reuben Abati, while speaking on the visit, said that such story was untrue, stressing that those who are peddling such misinformation were being unfair. “They are being uncharitable and it fits into an ongoing attempt to throw just about anything at this administration in attempt to discredit it. “If anything, what we witnessed in South Africa was that the people of South Africa showed much appreciation of President Jonathan’s presence at the inauguration ceremony and President Jonathan received great hospitality in terms of the response from

the people,” Abati said. He said President Jonathan received great hospitality in terms of the response from the people at the ceremony. The presidential spokesperson said the allegation that Jonathan was jeered at over the situation of the abducted schoolgirls in Chibok, Borno State was false. “The whole world recognises the challenge we face in Nigeria at the moment in relation to the abduction of the girls and the challenge of terrorism. “The outrage is shared both by Nigerians and other people all over the world. But the world also realises that terrorism is a global challenge,” he said. Abati reiterated the commitment of the Federal Government to rescuing the schoolgirls and overcoming the challenge of terrorism. He noted that the President during the visit engaged in useful discussions at a security meeting, which focused on the issue of terrorism and the best way to

combat the menace. According to him, the meeting discussed modalities for setting up and defining a stronger framework for cooperation and partnership amongst African states to deal with terrorism. Abati also said that the meeting recognised the fact that no one country can on its own deal with the challenges of terrorism in Africa and that what was required was not just a country based approach or a regional approach but a continental approach which requires the cooperation of all African states. “The realisation of course is that when there is a threat of terrorism in one country, terrorists can run from one country to the other. And it has also been established in the narrative about the threat of terrorism in Africa that indeed there is a continent-wide network and that many African states are facing this particular threat,” Abati said He noted that the meeting agreed that a committee be

set up with members drawn from ministers from selected countries who would then work together under the leadership of the Prime Minister of Ethiopia and come up with a

plan of action that would be tabled before the African Union Summit taking place in Equatorial Guinea between June 25 and 26 this year. Abati said that the

South Africa meeting was consistent with the objectives and ideals and the position of the African Union with regards to the challenge of terrorism.

We’re optimistic on regionalism-Olajide KEMI OLAITAN IBADAN

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delegate to the National Conference, Dr. Kunle Olajide has expressed optimism that the South West agenda at the confab, calling for the restructuring of the country will come to pass. Olajide, while speaking in Ibadan, Oyo State on the Yoruba at the conference, which centered on regionalism, said he was optimistic that there would be light at the end of the tunnel concerning

the region’s position. He said: “We are making progress with Yoruba agenda. Even the restructuring committee made states as federating units as against regionalism that we are advocating for and they have made allowance in their report that states willing to merge can do so and that states willing to collaborate can be made to have a coordinating unit like the Development Agenda for Western Nigeria, DAWN. “The ultimate agen-

da of Yoruba is regionalism because that was our golden era in Yorubaland. “For us in Yorubaland, the ideal thing is regionalism, but of course we must not be too rigid because if any zone says it would be too rigid, we won't go anywhere. “So, it is a matter of give and take. The preponderance of Yoruba people wants regionalism in such a way that power would be devolved from the centre to the regions etc.”


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Power: Fear of revenue loss delays pre-paid meters rollout –Investigation CONTINUED FROM PAGE 1

it became apparent that revenues from domestic electricity consumers could fall by as much as 70 per cent if billed accurately due to persistent poor power supply. There have been complaints by electricity consumers across the country over what they described as huge bills being sent to them on a monthly basis by the DISCOs, a trend that began a long time ago. The availability of prepaid meters was expected to eradicate the inaccurate and excessive billing system, which is the result of estimation or guess work to calculate consumers’ bills. However, our correspondent learnt that the DISCOs

prefer the continuation of the estimation system because it brings in more money. For instance, it was learnt that while consumers who live in a two or three bedroom flat can pay about N2,000 or N3,000 per month through the use of pre-paid meters, which is a reliable means of accessing consumption depending on availability of electricity, the DISCOs charge as high as between N11,000 and N15,000 per flat. This showed a difference of between N8, 000 and N12, 000 per flat, which amount to substantial revenue considering the huge number of consumers, households and industries

across the country. Consequently, the DISCOs, whose officials are afraid of substantial drop in revenue prefer to estimate bills instead of deploying commercial electricity meters for use. Unfortunately, our correspondent learnt that the estimation does not take into consideration the period of power outage, which is detriment to the consumer. A resident of Ketu, Lagos, Mr. Akin Salami, who lives with his family members in a two-bedroom flat said he was paying more than his electricity consumption for a long time, until he was able to get prepaid meter.

“I used to pay N12, 000 per month through estimation. My tariff dropped to N3, 000 when I started to use the pre-paid meter in April, this year. “This clearly means that I was seriously being exploited for so many years because I have not reduced the number and capacity of my household appliances.” Another consumer, Mr. Adewale Adekunbi, who lives alone at Berger said that while he was being charged N10,000 every month, his friend, who also live in the same street, with his wife and kids uses about N2,500 every month with his pre-paid meter. The Director General of the Lagos Chamber of

L-R: Minister of FCT, Bala Mohammed; Speaker, House of Representatives, Hon. Aminu Tambuwal; Shehu of Borno, Umar Garbai El-Kanemi; Vice-President Namadi Sambo and Sultan of Sokoto, Alhaji Sa'ad Abubakar III, during the National Prayer for Peace and Security at the National Mosque in Abuja, yesterday. PHOTO: NAN

Six hidden bombs yet to explode in Jos CONTINUED FROM PAGE 2

petrators and the sponsors of the bomb attacks and be brought to justice. The state Police commissioner, Mr. Chris Olakpe, who also confirmed the blast, said that four people were killed and three others wounded. A survivor of the blast, Shittu Abubakar, said he was at the viewing centre, watching the Champions League finals when he heard a loud explosion. In Borno State, at least 24 people were reportedly killed yesterday in an attack carried out by suspected Boko Haram insurgents in Kamuyya village, Biu Local Government Area of the state. Boko Haram militants have recently intensified bloody attacks in the rural areas as over 100 villagers

have reportedly lost their lives within the last one week. The latest incident occurred in the afternoon when dozens of the insurgents, armed with assault rifles and explosives, invaded a weekly market in Kamuyya and killed 24 persons. Residents said the insurgents had visited the town about two months ago and asked the village head to mobilise his subjects to contribute N250,000 for them to execute God’s work. The villagers, most of them peasant farmers and petty traders, had only managed to raised N70,000, a situation which angered the insurgents. They reportedly threatened to return and collect the balance, warning the community to either meet to

their demand within a stipulated period or face deadly attack. “Actually when they issued such threat, we all took it lightly as we were all relaxed and nobody bothered to make any extra effort to put in the amount they requested. Maybe that was what ignited this bloody attack because we were unable to meet their demand,” a resident, Bukar Umar, alleged. Umara said over 20 insurgents, suspected to have emerged from the bush, stormed the Kamuyya weekly market when traders were conducting their businesses and opened fire on the crowd before setting shops and vehicles on fire. According to him, the militants, armed with sophisticated weapons, raided the area and proceeded to the major market and began

sporadic shooting, which led to the huge number of the dead. He noted that they were taken unawares as the town had not come under such heavy attacks for a long time and expressed dismay that innocent people were killed freely without the intervention of the security forces. “Throughout the onslaught, which lasted for over five hours, there were no single security personnel to confront the invaders as they had a field day wreaking havoc on us. “The invaders snatched several vehicles and loaded them with bags of assorted foodstuff, before fleeing the area,” he said. He also alleged that the attackers burnt almost all the houses, shops and vehicles, even as they carted away assorted food items.

Commerce and Industry, Mr. Muda Yusuf, stated that members of the organisation have reported a lot of issues they have with the DISCOs, including lack of meters and crazy billing. He said: “Indeed, our members have at various times complain that they have been made to pay more than necessary, including when they have supply and when they do not have it. “We always take the issues up with the intention of getting them resolved. But many of the issues have not been resolved because the DISCOs seem to have a lot of challenges. He said the challenges include inadequate capacity to tackle problems which are also a function of limited funding. “Generally, I think the DISCOs underestimated the problems they are now trying to face. The problems, including lack of meters and crazy billing still exist. But I do not think it is deliberate on their parts to extort the masses,” he added. The Managing Director of Eko Distribution Company, Mr. Oladele Amoda, who spoke through the spokesman of the firm, Mr. Godwin Idemudia, said that his organisation does not indulge in extortion. “We have meters. Moreover, we do not indulge in estimation to exploit our customers. We are a responsible company that feels the pulse of our esteemed customers,” he said. The Chairman, Nigerian Electricity Regulatory commission, NERC, Dr. Sam Amadi, had last week directed the DISCOs to close the metering gap in all parts of the nation. He said the DISCOs have been directed to standardise customer estimation, avoid extortion and exploitation of consumers. According to him, “With the wide gap in metering, which was put at 54.8 per cent in 2012, resulting in very high estimation it became necessary to introduce a temporary measure for billing customers who are not effectively metered. He said, “Customer Service Standard Regulation on meters stipulates that, “if there is no electricity meter to record electricity usage at a customer’s supply address, the Disco must base customer’s bill

on estimated energy consumption, which is calculated in accordance with a method approved by the Commission. Amadi said, “Basically, estimation should be on verifiable scientific method for monitoring and dispute resolution purpose. It must also be reflective of local consumption pattern and close to actual readings previously obtained. In apparent response to the unfair billing practices by the DISCOs amid poor services, the industry regulator yesterday said consumers may even pay less just as it announced the suspension of an upward adjustment in the monthly fixed charge, which will remain at N750 instead of rising to N1,500 with effect from June 1 as provided by the Multi-Year Tariff Order, MYTO. The MYTO is the billing guideline designed to ensure that electricity consumers pay commercial rates under a privatised environment and provides for automatic tariff reviews if there is a significant change in market fundamentals such as inflation rate and foreign exchange rate among others. Amadi said in Abuja that in 2013, the minor review of market fundaments didn’t show any significant difference. “Two things can happen every year, the minor review may make no impact when it is not significant or it can be significant and arrest the automatic adjustment. “Now what has happened is that the automatic adjustment has been arrested for 2014 and a new price that the minor review has triggered will now replace the published increase in 2014. “Many of the customers should be paying by June 1, a fixed charge of about N1, 500. Now the adjustment has resulted in a decrease in such that the fixed charge will not change. If this review was not done, the fixed charge should have been about N1, 500 in some places”, he said. He said that based on consumers concern, NERC has done the minor review in a manner that the consumers will pay less than they would have paid if there was no review.


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Security challenge won’t stop 2015 elections -Jonathan ROTIMI FADEYI ABUJA

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resident Goodluck Jonathan yesterday said that the security challenge in the country would not stop the con-

duct of the 2015 general elections. Speaking at the 2014 Democracy Day Interdenominational Church Service, held at the Christian Centre, Abuja, Jonathan said that

the security challenge would not stop the country from moving forward. The President noted that the next Democracy Day in the country would witness a new

government. He said: “After today, the next Democracy Day will witness a new government. I remember when I was in my village this morning (yesterday) to collect my permanent

L-R: Emir of Lafia, Alhaji Mustapha Agwai; Nasarawa Governor Umaru Al-Makura; Lady Daisy Danjuma and Gen. Theophilus Danjuma (rtd), after his Turbanning with the title of “Barde Baban Lafia” in Lafia on Saturday. PHOTO: NAN

Lawyers task NASS on Access to Justice bill WALE IGBINTADE AND MATTHEW IRINOYE

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ive lawyers, including three Senior Advocate of Nigeria, Dr. Abiodun Layonu, Messrs. Olu Daramola and Rotimi Jacobs have called on the National Assembly to remove all sources of delay in the passage of the Criminal Justice bill, currently before it, in order to usher in new era of efficient litigation. The lawyers spoke in separate interviews with the National Mirror in Lagos. The bill, which aims at enhancing speedy and efficient administration of criminal justice delivery, has recently passed second reading in the Senate. The bill was sponsored by the Senate Leader, Victor Ndoma-Egba and it essentially seeks to repeal the Criminal Procedure Act Cap C41 of 2004; the Criminal Procedure Act (Northern States) Cap C42 and the Administration of

Justice Act Cap 43 Laws of the Federation 2004. Dr. Layonu urged the senate to ensure accelerated passage of the bill. He said: “The senate should pay attention to ensuring speedy hearing of criminal matters by making adequate provisions in the bill. Situations where cases dragged on for years would defeat the essence of justice “The senate should also focus on retribution for victims of crime as it was not just enough for the offenders to be jailed.” Daramola, in his own submission said: “Stay of proceedings should not be allowed in respect of interlocutory appeals. To ensure speedy dispensation of justice criminal courts should hear each case from day to day until conclusion of trial. Adjournments should not be granted for more than seven days at a time.” Speaking in similar vein, Jacobs also said that the major aspect the senate should review is

the area of delay in the administration of justice system. He said: “The delay is a controversial issue; it must be looked upon to reduce the delay and ensure criminal cases are judiciously heard.” The lawyer noted that the Lagos State government had done tremendously to improve adjudication efficiency at the state level. He recommended that the senate should look at the progress made by the state and improve on it. For instance, under the Criminal Justice Administration in the High and Magistrates Court of Lagos State 2011, section 4 of the law provides that “no person shall be arrested in place of a suspect.” In his view, Mr. Adindu Ugwuzor recommended the establishment of a specialised court for criminal matter for quick dispensation of justice. He said that the administration of criminal justice is suffering undue delay

and needed to be addressed. In his own contribution, another lawyer, Mr. Friday Oshomagbe said that the planned review is a welcome development. “It is a welcome development. However, I wish to state that criminal justice prosecution should be done in a way that will erase undue delays and unwarranted adjournments. There should be creation of special courts to handle criminal cases only. “This will lessen the huge burden on the current court in dealing with too many criminal cases at the same time. It will also lead to timely criminal justice delivery. “Again, prosecutors should be people with sound knowledge of the law, preferably lawyers. This will enhance competency and efficiency in the system. There should be life imprisonment for corrupt persons found guilty and forfeiture of assets to government. Crime free society they say is the best friend to humanity.”

voter’s card, and a pressman asked me whether there will be elections in Nigeria, I told him there would be elections in this country. “This country will continue to move forward in spite of some of the setbacks we are witnessing.” According to him, God’s intervention has held the country together, even as he assured that the current security challenge and every evil force would be overcome. “All these distractions were planned to bring this government down. Since they failed, terror will also fail. Forces of darkness will never prevail over light. I call on all Nigerians to continue to pray and with God on our side, we shall overcome,” Jonathan said. The President noted

that his administration has recorded success in various sectors of the economy in the past three years and was still working to ensure that the country experiences more development and progress In his sermon, Pastor Goodheart Ekwueme said the situation that Nigeria presently finds herself is similar to the period of Mordecai recorded in Esther 4: 13. He said that with God, the country would overcome the challenges and triumph “It is when the time is darkest that God chooses to reveal its glory. I believe Nigeria will arise. A new Nigeria is about to be born. “Nigeria is simply experiencing child labour that will give way to the birth of a great nation,” he said.

Reinforce Supreme Court with external talents - SAN WALE IGBINTADE

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visiting professor of law at the Oxford University, United Kingdom, Professor Fidelis Oditah, SAN, has said that there is an urgent need to reinforce the Supreme Court with external talents. In an exclusive interview with National Mirror, Oditah stated that the idea that it’s only the justices of the Court of Appeal who can be elevated to the Supreme Court was entirely conceited. Besides, he described as arrogance, the refusal of the National Judicial Council, NJC, to bring in new talents from the rank of Senior Advocate of Nigeria and the academics into the Supreme Court. “I think its conceit on the part of people in the Supreme Court and perhaps on the part of the NJC to assume that the best people to sit in the Supreme Court can only be found in the rank-and-file of Court of Appeal justices. “It does the nation a lot of disservice and injustice and trivializes the role of the final court; you should

have the finest in you final court. “There is an urgent need to reinforce the Supreme Court and of course the Court of Appeal is extremely weak and need to be reinforced as well. “But, of the greater moment is the Supreme Court which is the final court. “I don’t know of any senior advocate who is a judge. You might criticise the system that produces senior advocates, but I believe that best litigation lawyers you find in Nigeria are still among the rankand-file of senior advocates,” he said. Oditah also faulted the appointments of some judges, who, he said, lacked the capacity to adjudicate on disputes brought before them. He said: “Many judges who have no business being judges are being appointed as a result of lobbing, not because they deserved to be appointed. “You have a number of judges who absolutely are so weak and do not know enough to adjudicate over any dispute. They are not even good enough to be magistrates and some of them are in appellate court as well.”


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Monday May 26, 2014

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Dangote endorses SON’s new cement classification BABALOLA YUSUF

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ollowing the release recently of the classification of cement and its uses by the Standard Organisation of Nigeria, SON, leading cement manufacturer, Dangote Cement Plc, has expressed its satisfaction and support for the move pledging to abide by the classification. Already, the company said it had complied with the grading of cement and had gone ahead to produce specifications rolled out by the regulatory authorities. The SON in the wake of the building collapses and the attendant controversies on the quality of cement being produced in the country summoned the meeting of stakeholders in the building and construction industry. The meeting undertook a review of standard of quality of cement and came out with a classification of cement types and their appropriate uses as a means of stemming the suspected misapplication of the prod-

uct. SON in the new classification exercise, warned members of the public to adhere strictly to the stipulated application of cement types and save the nation the embarrassment of incessant structure failures. In the fresh review of standard, the organisation restricted the use of the 32.5 grade strength to plastering of structures only, while 42.5 grade is recommended for the construction of buildings, beams, load bearing columns, pillars, block moulding and other structures. The 52.5 grade was recommended for the construction of bigger projects like bridges, flyovers, and high rise buildings. Group Managing Director of Dangote Cement Plc, Devakumar Edwin, while addressing a group of Kenyan businessmen who visited the Ibese plant of the company at the weekend said the decision to embark on the high quality grade was to help Nigeria stem the tide of collapse building.

Truck crushes NYSC member in Kwara WOLE ADEDEJI ILORIN

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serving member of the National Youth Service Corps, NYSC was crushed to death on Saturday by a petrol tanker in Ilesha Baruba in Baruba Local Government Area of Kwara State. Muibi, according to an eyewitness accounts was on a commercial motor bike with a fellow corps member in the border town of

Ilesha Baruba; close to the Nigeria/Benin Republic boundary in the evening on Saturday when they were run over while trying to overtake the tanker loaded with fuel. The tanker was said to be coming from Saki in Oyo State to dispense petroleum product to a filling station along the Nigeria-Benin Republic boarder route, while the two corps members were coming from a market in the local community.

L-R: Senior Programme Manager, Global Fund Project, Catholic Relief Services Nigeria, Mr. Reward Nsirim; Deputy Country Director, FHI 360, Mr. Robert Chiegil; Director-General, National Agency for the Control of AIDS, Prof. John Idoko and Associate Director, Centre for the Integrated Health Programme, Mr. Babatunde Afuwape, during the handing over of the Global Fund Supporters Vehicles to Development Partners in Abuja at the weekend. PHOTO: ROTIMI OSASONA

Five policemen missing in shootout with pipeline vandals DARE AKOGUN

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ive policemen have been declared missing following a shootout involving security operatives and pipeline vandals, at Arepo, along the Lagos-Ibadan expressway in Ogun State at early hours of yesterday. National Mirror gathered that the policemen, who were attached to the Nigerian National Corporation, NNPC, for pipeline surveillance in the area, engaged the vandals who attempted to scoop fuel and after the incident, only four out of the nine policemen were seen.

The NNPC pipeline was severely ruptured in the process, resulting in an explosion and heavy fire balls from the scene, which emergency services and the fire service, are battling to put off as at press time. Confirming the incident, the South West Zonal spokesperson of the National Emergency Management Agency, NEMA, Mr. Ibrahim Farinloye, said the agency was alerted and subsequently informed NNPC on the development. He said: “There was a pipeline explosion early this morning. Exchange of gunfire between the pipeline security team and vandals started yesterday,

We are ready to dialogue with ASUP –Osun govt BOLADALE BAMIGBOLA OSOGBO

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sun State Government yesterday said it is to open to dialogue with the striking lecturers of the four tertiary institutions in the state, just as students of the affected schools denied being used by the opposition party. The State Commissioner for Finance, Budget and Economic Planning, Dr. Wale Bolorunduro stated this while reacting

to three months old strike action of the tertiary institutions’ lecturers. The academic staff of the four state-owned tertiary institutions had embarked on strike action about three months ago to demand elongation of their retirement age from 60years to 65years, full implementation of Contributory Pension Scheme and full autonomy for the running of the institutions. Bolorunduro disclosed that the state government is ready to re-open nego-

tiation with the lecturers in the interest of the students, adding that the matter will be resolved at a round table meeting in the interest of peace. Students’ union leaders in the four tertiary institutions owned by Osun State Government have faulted the allegation that they are being sponsored to stage protest over the unending strike of their teachers. Meanwhile, representatives of students’ union in Osun State owned in-

stitutions affected by the ongoing strike, in a joint statement issued and signed by Adetunji Oluwaseyi, Badmus Abiodun, Orosanya Taiwo and Feranmi Faniyi for Osun State Polytechnic, Iree, Osun State College of Education, Ila-Orangun, Osun State College of Technology, Esa-Oke and Osun State College of Education, Ilesa respectively denied being sponsored to protest against the continued closure of their campuses.

but got to the peak by midnight,” “The Inspector General of Police entered into an agreement with the NNPC to be manning the pipeline in the area, unfortunately less than five meters to the flash point which has been the focus of activities for the past two years, vandals came yesterday and attacked them and they exchanged gunfire.” Farinloye who visited the site of the incident yesterday morning told our reporter that access to the area was difficult because of its rough terrain. “It was not clear how many officers may be missing”, he said. When contacted, the Police Public Relations Officer, PPRO, in the state, Muyiwa Adejobi confirmed the killing and or

abduction. According to him, the vandals waylaid the team of the Assistant Inspector General of Police in charge of pipeline surveillance, who were on their routine patrol of the NNPC installations and went away with yet to be ascertained number of policemen. He added that the vandals had set the pipeline ablaze which compelled the police team to embark on the journey towards providing security for the place before they were abducted. The PPRO also said that the inferno prevented the police and other security and safety officers of the NNPC from gaining access to the area. Arepo was the scene of the killing of three NNPC officials by vandals in 2012.

Five die, 52 injured in Katsina auto crash - FRSC

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ive persons died and 52 others sustained injuries in a road crash on Sunday at Gora village in Malumfashi Local Government of Katsina State. Malam Muhammad Tijjani, the Federal Road Safety Corps, (FRSC, Commander in Malunfashi, confirmed this to the News Agency of Nigeria, NAN.

Tijjani said the incident occurred at about 10 a.m. involving a truck conveying over 100 people. The commander said the truck was coming back from Gombe where the people attended the annual Maulud celebrations commemorating the birth day of popular Islamic Scholar, late Sheikh Ibrahim Nyass.


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APC presidential aspiranr attacks Jonathan OJO OYEWAMIDE AKURE

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L-R: Guest lecturer and Chief Imam of Oyo, Sheik Mash’ud AbdulGaniyy Adebayo and Director, Markaz Agege, Lagos, Sheik Muh’d Adam Abdullahi, during the 8th anniversary of the society in Lagos, yesterday. PHOTO: TUNBOSUN OGUNDARE

ASUU kicks against politicisation of varsitys’ appointment KEMI OLAITAN IBADAN

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he Academic Staff Union of Universities (ASUU), has warned against the politicization of appointment of members of Governing Council in Nigerian public universities. The National President of the union, Dr. Nasir Fagge, who gave the warning in Ibadan at the weekend said visitors to public universities have turned the appointment of Governing Councils members into political compensation for allies or political bait for adver-

saries. He lamented the dwindling quality of Council members which he said is made up of members who are more concerned with sitting allowance and contracts tendering than they are concerned with the availability or otherwise of physical infrastructure and learning resources in the universities. While stating that ASUU would resist the appointment of people of doubtful quality and integrity into university Governing Councils, he said if incompetent Governing Councils are

allowed to steer the nation’s university management, it will lead to chaotic and crises ridden system through the appointment of incompetent Vice Chancellor and other Principal officers. Speaking on the forthcoming 2015 elections, Fagge said the political space in Nigeria is increasingly becoming intolerant, desperate and unhealthy for the polity. While maintaining that Nigerians are not being given sufficient options to choose from, he said the same crop of crooks is recycling themselves from one party to

another to scramble for power. He said the ruling elites have systematically edged out the people from the governance equation, noting that the crop of looters in the garb of rulers pretending to be leaders cannot create the Nigeria of our dream. Fagge added that the growing twin tumors of corruption and impunity may consume the very existence of the country if not arrested, saying corruption, fraud and open stealing have become norms among bureaucrats, politicians and their collaborators.

Amosun denies walking out from Abuja APC’s meeting FEMI OYEWESO ABEOKUTA

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gun State governor, Ibikunle Amosun has described as untrue, the media report that he left the stakeholders’ meeting of All Progressives Congress (APC) held last Tuesday in Abuja, out of annoyance. The governor explained that he actually left the meeting to enable him perfect arrangements towards hosting the world leaders who were billed to attend the just concluded Ogun Investors Forum after due consultations with the party leadership and not as erroneously reported in the media. At the meeting of Ogun

APC leaders held over the weekend in Abeokuta, the state capital, the governor reiterated his respect for both the party as well as its state and national executive members, stressing that he would be the last person to bring the party into disrepute of whatever form. National Mirror recalled that former Mexican President, Vicente Fox, representatives of the European Investment Bank, led by the former Prime Minister of Slovenia, Anton Rop as well as the Director General of Sierra Leone Agricultural Research Institute, Dr. Alfred Dixon were among the world leader who de-

livered addresses at the two day investment forum organised by the state last week. Briefing Ogun APC leaders at the meeting which held at the “Mission To Rebuild “ hall, Ibara Abeokuta, Amosun however, explained that he left the venue of the meeting after due permission from the interim national chairman of the party, Chief Bisi Akande who presided over the said meeting in Abuja. “I did not storm out as widely reported, rather I left the venue of the meeting after proper permission from the chairman of the meeting and others because of the Investors

Forum billed for the following day,” he said. He further stated that he had on arrival at the meeting, intimated the party chieftains that he would leave early because of preparations for the Investors Forum holding in the state the following day. The governor, who described the rumour as the handiwork of mischief makers, also declared that “it will be wrong for anyone or group to say, write or insinuate that I stormed out of the meeting when I actually received the permission of our revered party chairman, Chief Bisi Akande”.

presidential aspirant of the All Progressives Congress APC, and Publisher of Leadership newspaper, Sam Nda-Isaiah, has said President Goodluck Jonathan does not have the required capacity to rule a complex country like Nigeria. Nda-Isaiah said the country was facing different trials ranging from insecurity, kidnapping and armed robbery under the government of President Jonathan, describing him as a weak leader. The APC chieftain noted that the problem of insecurity had not affected the country’s democracy because many still had faith in the system, adding that most people in the country were eager to see the present government out of power. According to him, what many Nigerians want is good governance that would be able to promote

and protect their well being. He said: “The first assignment of any good government is to protect lives and properties of its citizens and doing that doesn’t require budget. “Nigerians want good governance and can’t wait till year 2019 to exercise that changes they want.” Nda-Isaiah spoke at the weekend shortly after meeting with the APC stakeholders in Akure, the Ondo state capital, on his bid to fly the party’s presidential flag in the 2015 general election. He promised that the APC government would end the current security challenges in the country, especially the Boko Haram Insurgency come 2015. Nda-Isaiah, who expressed optimism that the APC would win the 2015 general election, called on all party supporters to remain steadfast in order to realize the mission to salvage the country.

Four trucks razed in Lagos Ibadan expressway crash FEMI OYEWESO ABEOKUTA

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t least four trailer trucks which included a petroleum laden tanker were razed beyond recognition in the accident which happened along the Lagos - Ibadan expressway yesterday. The accident, which occurred at Kilometer 64 in the Ogere/Toll Gate axis of the expressway, also blocked other motorists going towards Ibadan, thereby causing serious gridlock with vehicles sharing the other part of the highway moving at snail speed. Commuters at the near 40 years old expressway, also experienced hardship scaling through the accident point, thereby resulting in man-hour loss. The duo of Ogere Unit Commander of the Federal Road Safety Commission (FRSC), Joseph Godwin Samgbaza and that of the Traffic Compliance and Enforcement Agency (TRACE), Commander Abidemi Olaniran, who

confirmed the accident also told National Mirror that the multiple crash occured at around 10p.m Saturday night. Commander Olaniran explained that the accident happened when one of the luggages fell and remained on the expressway from a particular truck conveying reels of paper towards Ibadan before an unsuspecting trucks also conveying tyres ramned onto it, thereby causing the crash. “Three other trailers, one conveying fertilizer, one carrying can drinks and the last truck conveying 33, 000 liters of Petroleum Motor Spirit (PMS) ramned over each other and everything went up in flame”. While human lives lost to the inferno was yet to be ascertained, Olaniran further told National Mirror that combined efforts of officials of the FRSC, TRACE, the Police as well as the State Fire Service officials could not extinguished the inferno which is still burning as at press time.


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France to assist Oyo in micro-finance, French language

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rance has pledged its readiness to assist Oyo State Government in the provision of credit to small scale enterprises through its micro-finance programme as well as the teaching of French language in schools in the state. The French ambassador to Nigeria, Mr. Jacques Champaigne De Labriolle made the pledge on behalf of his country when he paid a courtesy call on the state governor, Senator Abiola Ajimobi in his office in Ibadan at the week end. The ambassador also said that his country would offer assistance in

the areas of health care delivery and agriculture, all of which he said would bring about economic prosperity and stability to the state. Labriolle commended the Ajimobi administration’s efforts at ensuring an all-round development of the state through its various programmes and policies, particularly in the areas of urban renewal, environmental sanitation and massive infrastructural development. Responding, Ajimobi thanked France for playing major roles in the security of many countries in Africa including Nigeria, stressing that

his administration would continue to accord priority to security of lives and property of the citizens of the state. According to the governor, no nation can achieve meaningful development without adequate security, hence the need to ensure

the provision of adequate security at all times. He also acknowledged the support and assistance of France in the water system development programme of the state, adding that his administration would further appreciate the coun-

try’s contribution to the rehabilitation of water equipment to enhance regular supply of potable water to the people of the state. Ajimobi called for partnership with France in his government’s micro-finance programme which,

he said, would boost trading, agriculture and other socio-economic activities in the state. He also said that his administration had concluded plans to designate some schools for the teaching and learning of French language in the state.

Lagos begins retraining of Neighbourhood Watch operatives FRANCIS SUBERU

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he Lagos State Government has commenced the retraining of officers of Neighbourhood Watch, a security arm in the state that is responsible for community policing to prepare them for the current security challenges in the country The Lagos State Commissioner for Rural Development Cornelius Ojelabi who revealed this at a press briefing in Lagos said the state government decided to retrain the neighborhood watch operatives in the area of proper community policing to safeguard the residents. He said the current security challenges in the country calls for proactive measures, adding that the government is in support of other vigilante groups in the state sponsored by some communities to ameliorate crime prevention in the various communities. The commissioner added that it has also resolved to boost economic prosperity of the rural dwellers by mapping out plans aimed at giving 60 per cent rebate to all fishermen in the state who procure fishing materials through it for the purpose of fishing to feed the residents of the state. He said the incentive is meant to serve as a relief for fish farmers, adding

that the remaining 40 per cent are spread for payment within 24 months. Ojelabi added that fishing materials sold to fishermen include boat, hooks, fishing net of various sizes, among others. On the rural electrification programme of the state government, he said the state would only assist communities who are not likely to be linked to the national grid in the next three years with transformers, saying the state is aware that availability of electricity enhances productivity. The Commissioner said fifteen new transformers were disturbed to fifteen communities, while twenty four rural electrification projects in various communities across the state were executed. This he hinted included mounting of poles, stretching of cables, provision of transformers and connection to the national grids, adding that forty transformers were given to the members of the state House of Assembly to be installed in their various constituencies. He said the state has successfully executed seventy four water and sanitation projects in different rural areas of the state adding that seven micro water schemes have been rehabilitated in seven communities.

L-R: Ogun State Commissioner for Agriculture, Mrs. Ronke Sokefun; Governor Ibikunle Amosun and others, during the governor’s visit to the Greenhouse Technology Vegetable Farm, Kotopo at the weekend.

Randy teacher arrested in Ibadan for defiling school girls K EMI O LAITAN IBADAN

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he Oyo State Police Command has arrested a private school teacher, Mr. Olayinka Oluwadare Folarin, for allegedly defiling three girls at a private school in Ibadan. National Mirror learnt that the victims, who are primary five pupils and between the ages ten and eleven years, have been sexually abused by the teacher since 2013 on a weekly

basis. It was gathered that two of the victims are orphans in His Heritage Home where orphans and vulnerable children are catered for and have been living in the home since they were two years of age. Folarin it was learnt had been defiling the girls inside the school toilet with a threat to kill them should they inform anybody. The father of four who was alleged to have been sacked from his previ-

ous school on account of rape reportedly used lubricant gel on the girls for easy penetration. However, bubble burst last week Wednesday when a group of male students found one of the victims crying and asked what was the problem during which the girl confided to them that she was sexually abused by the randy teacher. It was gathered that the boys asked the girl to inform them if such incident occur again.

However, while the boys were planning to write a letter to the school authority about the indecent acts of teacher, they were caught by Folarin who was alleged to have subjected the male students to some strokes of the cane and tore the letter. The boys angered at the punishment meted to them encouraged the girls to open up to their guardian, Mrs. Temilolu Morounkeji who runs the Orphanage home.

Police arrest Ondo monarch over alleged fraud OJO O YEWAMIDE AKURE

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en of the Criminal Investigation Department, CID, of the Ondo State Police command have arrested the Akamuja of Igburowo community in Odigbo Local Government Area of Ondo State, Oba Pius Akinfesola Adewola for various offences ranging from impersonation, forgery, stealing and fraud.

The traditional ruler was alleged to have used fictitious names to swindle Odigbo local government of N16 million. A police source said Oba Adewola was arrested at the weekend in Ondo town, following a petition forwarded to the State Police Commissioner by the people of Igburowo community through their counsel, Gabriel Ohre. According to the petition, the monarch allegedly injected names of

some people into the payment voucher of chiefs in the community. The petition obtained by our correspondent read in part: “Some appointed High Chiefs and chiefs of Igburowo Community are entitled to allowances payable to each of them in their respective names by the Odigbo Local Government of Ondo State. “Some of the late High Chiefs and chiefs who died since 2002 still have their names on the

payment voucher for payment of allowances to chiefs of Igburowo community by Oba Pius Adewola in connivance with four other suspects. “The existing chiefs whose names reflect on the payment voucher are denied access to their allowances, while Oba Pius Adewola in collaboration with other suspects forged their signatures, impersonate them and stole their respective allowances.


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Anambra lawmakers support war against terrorism

Enugu renovates 150 schools DENNIS AGBO ENUGU

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lawmaker in the Anambra State House of Assembly, Mr. Ebele Ejiofor, yesterday promised that lawmakers in the state would support efforts to combat insurgency in the country. Ejiofor, who represents Anaocha 1 Constituency, said this in an interview with the News Agency of Nigeria, NAN, in Awka. He said that a group of campaigners, under the aegis of Crime Prevention Campaign of Nigeria, CPCN), had vowed to unveil identities and negative activities of the deadly sect. Ejiofor said that the group made the promise during its annual delegates’ conference in Agulu, Aniocha Local Government Area of Anambra State. “The national trustee of the group, Mr. Charles Hopst, during the annual national delegates’ conference, declared his willingness to expose the identities of the insurgents. “If he has such a data to expose the activities of the insurgents as claimed, the legislators will stop at nothing to assist in unmasking these heartless people. “Their activities have become too inexplicable that no sacrifice would be too much to stop their senseless killings. We have lost so many people and properties.

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hildren’s Day in Anambra State will be celebrated with less fanfare as a sign of concern for the abducted students of Government Girls Secondary School, Chibok, Borno State. Governor Willie Obiano disclosed in a statement by the state Commissioner for Information, Culture and Tourism, Chief Tony Onyima, in Awka. “The directive is a mark of solidarity with the over 200 female students of Government Girls Secondary School, Chibok, Borno State, abducted by the Boko Haram sect last month,” the statement read.

Deputy Speaker, House of Representatives, Hon. Emeka Ihedioha (right) presenting the keys of a bus to the Chairman, Peoples Democratic Party, Ezinihitte Local Government Area, of Imo State, Mr. Chinemerem Madu, to facilitate the party’s activities in the area, on Saturday.

Separate politics from governance, Akpabio tells leaders A kwa Ibom State Governor Godswill Akpabio has called on leaders to distinguish between politics and governance, attributing inability to do this as the bane of backwardness in Africa. Akpabio, who stated this yesterday at Living Faith Church, also known as Winners Chapel, Ikot Ebido in Uyo, to commemorate 2014 Democracy Day and seven years of his administration. He said: “It is time for us to begin to distinguish between politics and governance because they are not the same thing. “I don’t care who that person is so along as he or she is a citizen of Akwa Ibom State and has what it

The governor said that the traditional march-past by school children had been shelved. He advised heads of primary and secondary schools to hold special prayer sessions in their schools for the release of the girls. The statement also pleaded with all churches in the state to conduct special prayers for the immediate release of the kidnapped schoolgirls and for an end to terrorism in the country. May 27 is set aside by the United Nations to remember and celebrate the world’s children.

takes to govern the state. It is time for us to begin to distinguish between politics and governance because one is different from the other.” Akpabio said in seven years of his administration, Akwa Ibom State had witnessed God’s grace and intervention, and implored the people to pray God to give them a governor they would be proud of in 2015. “After seven years of God’s grace and faithfulness to us as a state, what can we say but to say thank you Lord! That is why I called you to for this uncommon service, in an uncommon place, in the land of uncommon transformation. “Seven years ago we started a journey and we said let God’s will be done.

Seven years after, even the blind can fill it that God’s will is done in our dear state.” The governor described the seven years of his administration as those of mix feelings, adding that he was excited with the transformation of the state because that was what God intended for the state. “On the whole, there were moments I used to fill moody and there were moments I used to fill excited.” In his homily entitled, “Celebrating the transforming effect of God’s grace”, the Provincial Pastor of the church, Pastor Joseph Ajibade, noted that God’s grace was the maker of man’s destiny. The pastor, who defined grace as God’s covering for

one’s faults and magnifying one’s strength, identified commitment and the value of God’s presence as features of grace, advising Christians to covet it. The Secretary to the State Government, who is also the Chairman of the Planning Committee of the event, Mr. Udom Emmanuel, said the transformation in Akwa Ibom State in the last seven years showed the grace of God at work in the life of a leader. “Seven years is a long period when mentioned, but when you are executing projects, seven years is a short period. If you go round this state and see what is happening, you will know that it is the grace of God,” he said.

ALIUNA GODWIN

youths decided to support Elechi’s administration and his 2015 senatorial ambition because he had not disappointed the people of the state since he assumed office as the governor. “The reason why we support Governor Martin Elechi was that he has not disappointed the people of Ebonyi State for the past 7 years. We are ready to support whoever he chooses to succeed him in 2015,” he said. Mbam added that the youths would ensure that peace and order reigned supreme and fair, credible and violence-free elections in 2015. The Speaker, State House

of Assembly, Hon. Chukwuma Nwazunku, advised the youths to shun violence and be united to ensure that the 2015 agenda was actualised. He said: “You should be united and be of good behaviour. You must not do something that you will regret later. You must respect our elders. And you have to support the administration of Chief Martin Elechi because Izzi people have benefitted from him.” The Secretary to the State Government, Chief Fedelix Mbam, members of the state House of Assembly and other prominent personalities from Izzi attended the rally.

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bout 3,000 youths from Izzi clan, comprising Izzi, Ebonyi and Abakaliki local government areas of Ebonyi State, at the weekend rolled out drums in support for the senatorial ambition of Governor Martin Elechi in 2015. The youths, during a rally held at Igboagu community in Abakaliki, declared their readiness to support Elechi-led administration and his successor in 2015. Addressing journalists at the rally, the President of Izzi Youths Forum, Mr. Morris Mbam, said the

nugu State Government has renovated and re-equipped over 150 primary and post-primary schools, including the long neglected School for the Deaf and Dumb. Governor Sullivan Chime stated this at the weekend during the diamond jubilee celebration and national convention of the Queens School Enugu Old Girls Association (Nigeria), held on the school’s premises. The governor, who was represented by his Special Assistant on Intergovernmental Matters and Multilateral Partnerships, Rita Mbah, also said that his administration approved the purchase and distribution of over 300 laptop computers to primary and secondary school children. He added that many children were also offered scholarship up to university level in the state. Recalling that the education sector was in a pitiable state, Chime stated that budgetary allocation to the tertiary institutions in the state had been increased by over 100 per cent. The occasion attracted prominent old girls of the school, including the first female judge of the Federal High Court, Justice Rose Ukeje. The Chairperson of Queens School Old Girls Association, Mrs. Margaret Nwagbo, said the school had produced prominent people in the society, adding that they decided to organise the event to see what they could do to improve facilities in the school. Nwagbo said though they had done a lot for the school, including career talks to the students, they were still expecting funds to enable them to do more. She expressed regrets that despite their efforts to source for funds, they were yet to come. Nwagbo advised the students to work hard to excel like the old girls of the school, assuring them that they would continue to motivate them to be the best in the society.


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Politics

Let me say that in making the pronouncement, Kabiyesi was expressing his preference. He has also expressed his personal opinion -Senator Ganiyu Solomon

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Why I’m seeking another term -Aregbesola STORIES: BOLADALE BAMIGBOLA OSOGBO

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sun State governor, Rauf Aregbesola, over the weekend, said the improvement of the lots of the people of the state is the motivation for his seeking another term in office. Aregbesola made this disclosure while delivering his address titled “The Difference Leadership can make” at the third Babatunde Jose Lecture on Media and the Society and the formal presentation of the National Infinity magazine’s “Nigerian of the Year 2013” award to him at the Centre for Black Culture and International Understanding in Osogbo. Contending that leader-

ship should offer a golden opportunity to serve the people and bring improvements to bear on their lives and existence, the governor said that leadership is a core pillar upon which a viable and successful human society can be built. He added that when he sought the leadership of the state in 2007, he was fully aware of the implications and was well-prepared to face the responsibilities. His words: “The improvement of the lots of the people of Osun was therefore a strong motivation for my seeking office and a paramount object of the deployment of my talents. Thus, as a leader, I constantly seek for ways of bringing about progress and advancement for my people in every area of

their lives. “In education, everything done under my leadership is meant to improve the standard for the benefit of our children. Building of new schools; recruitment of more teachers; provision of uniforms, distribution of Opon-Imo; provision of free food etc. are all aimed at raising the standard of public education in Osun.” He further averred that roads being constructed

by his administration are meant to enhance the various levels of human transactions, including trade and commerce. In his lecture entitled: Governance, Deficit and Accountability in the Era of Twitter, Mr. Dapo Olorunyomi, identified four challenges confronting journalism in Nigeria. According to Olorunyomi, these challenges are conflict of interest, invasion of privacy, confiden-

tiality of sources and general fabrication of stories. He also identified the problem confronting investigative journalism, saying it’s expensive, dangerous and time-consuming. In his opening remark, the President, Nigerian Guild of Editors, Mr. Femi Adesina, listed truthfulness, accountability, objectivity, impartiality, fairness and limitation to harms as the core cannons of ethical journalism.

75 DAYS TO GO

APC alleges plan by PDP to cause mayhem ahead of campaign flag-off ...Allegation unfounded, mere noise -PDP

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head of campaign flag-off for the re-election bid of Osun State governor, Mr. Rauf Aregbesola, the All Progressive Congress, APC, yesterday said it has uncovered plans by the Peoples Democratic Party, PDP, to cause mayhem and scuttle the rally slated for Tuesday in Ile-Ife. Addressing newsmen in Ile-Ife yesterday, chairman of APC Campaign Committee for Ife zone, Hon. Folorunso Bamisayemi, alleged that the plot to cause mayhem and prevent the party from kickstarting its rallies was hatched at a guest house in the town over the weekend by some supporters of the PDP. Bamisayemi said the party has however, alerted the police and the Department of State Security Service, DSS, about the plot and warned whoever is behind it to desist from acts capable of causing chaos in the town. But the Director of

Media and Publicity of Omisore Campaign Organisation, Prince Diran Odeyemi, said if there are evidences of plan to cause mayhem anywhere in the state, APC should inform the police and other security agencies rather than running to the press. He said: “Series of unfounded allegations against the PDP and its candidate, Senator Iyiola Omisore, are mere noise from APC that has nothing tangible to base its campaign on. “Omisore yesterday, Omisore today, Omisore tomorrow, why? Does all these not negate APC’s earlier promise to go and sleep should Omisore become PDP candidate?” Saying that unsubstantiated allegations from APC is a sign of the bad shape the party is at the moment, Odeyemi contended that it should rather spend more time to talk about its programmes and manifesto and not about Omisore.

Osun State PDP gubernatorial candidate, Senator Iyiola Omisore during a campaign

Omisore to EFCC: Probe Aregbesola over contributory pension

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ubernatorial candidate of the Peoples Democratic Party, PDP, Dr. Iyiola Omisore, yesterday called on the Economic and Financial Crime Commission, EFCC, to look into the workers’ monthly pension contribution allegedly “mismanaged by the state government to bring reliefs to pains of the workforce in the state.” He alleged that the state governor, Rauf Aregbesola, has been diverting the contributory pension deductions of workers in tertiary institutions in the state, adding that the governor has also been insensitive to the four-month-old strike embarked upon by the academic staff of the state tertiary institutions. Omisore, in a release signed by the Director of Publicity of Omisore Campaign Organisation, Prince Diran

...Go to court if you have facts -APC Odeyemi, said: “It is only an illiterate governor that would allow the closure of the four tertiary institutions in the state for about four months without attending to the agitations of the workers.” Contending that the demands and agitations of the striking workers of the institutions are genuine, legitimate and just, Omisore said it is criminal for the governor to deduct the 7.5 percent of the workers’ salary for monthly pension contributions as established by the Federal Government without remittance to the Pension Fund Administrators’, PFAs account for about 20 months. Reacting, the All progressives Congress, APC, said the opposition party was becoming embarrassed about the false accusation often raised against the state gov-

ernment by its candidate. In a release signed by its Director of Publicity, Research and Strategy, Barr Kunle Oyatomi, APC said: “Everything Omisore has said about teachers’ strike in Osun is false,” adding that the allegation that Aregbesola diverted pension fund was untrue. The statement reads: “The plan by the PDP and Omisore to use some elements amongst the teachers and students to cause violence and mayhem in the state has failed woefully.” Saying that it would not bother itself to engage in any discussion about Omisore’s allegations, APC said: “If he is sure of what he is saying, let him go to court with the fact, then we will meet him there”. Omisore also condemned

non-implementation of 65year retirement age for the academic staffers as gazetted by the Federal Government and implemented by all institutions in the country except Osun State, adding that it it is only somebody who had never seen the four walls of a university that could be insensitive to the yearnings of educators in the state. He challenged Aregbesola to give detail accounts of what he has done with the lecturers’ pensions running to about N20 billion, while also seeking explanation on what his government has contributed to develop tertiary institutions since his assumption of duty in the state, noting that facilities across the campuses of Osun-owned institutions are in poor state, while welfare of the staffers are not improved upon.


14

Politics

Monday, May 26, 2014

Forum warns Jonathan against pandering to core North OBIORA IFOH ABUJA

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he Middle Belt Consensus Forum, MBCF, has called on President Goodluck Jonathan to remain focused and stop pandering to the dictates of the “core North” saying that it was clear that they have never and will never accept him. The MBCF at its strategic meeting in Abuja on Saturday night, noted that the strategy of appeasing the core North has failed to achieve any result, stressing that in spite of the olive branch extended to some key political figures in the

North by President Jonathan, it is clear that they will never accept him. A communiqué issued at the end of the meeting and signed by its National Coordinator, Mr. Bitrus Maisamari stressed that from every indication, the core Northern political elements are only interested in their avowed mission of defeating President Jonathan without minding the consequences such moves could have on the nation. Noting that President Jonathan’s only crime was that he contested the 2011 elections and is still eligible to contest the 2015 elections, the communiqué

further stated: “President Jonathan, against wise counsel of some well meaning Nigerians, including the former Emir of Gwandu, Alhaji Mustapha Jokolo, not to appoint General Aliyu Gusau, as Minister of Defence, still went ahead and appointed him, with the hope that the North will accept him.” Jokolo had in an interview with a national newspaper of March 23 warned Jonathan to beware of General Gusau, saying that he is creating problems for the country and was also funding the Assembly of Muslims in Nigeria and the Northern Elders Forum led

by Prof. Ango Abdullahi. Noting that since Gusau’s coming on board as Defence Minister, Nigerians are yet to see the so called experience that he has brought to bear on the war against insurgency as the so called “Spy Chief of Nigeria,” MBCF said: “We make bold to state here that no Northern leader has performed better than President Jonathan and considering the very difficult challenges he has faced from a section of the country that vowed to make Nigeria ungovernable, we give him a 70 per cent pass mark and hereby declare our support for him to run in 2015 presidential elections.”

L-R: Representative of Chief Edwin Clark, Prince Oghene Egoh; Chairman, Peoples Democratic Party, South/South Forum, Mr. Friday Akang and Chairman Peoples Democratic Party, Lagos State, Capt. Tunji Shelle, during the South-South for “Goodluck Must Run” rally in Lagos on Saturday.

Suspended Bauchi female lawmaker to House: Obey court orders EZEKIEL TITUS BAUCHI

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uspended female member of the Bauchi State House of Assembly representing Bogoro constituency, Hon. Rifkatu Samson Danna has urged the Speaker of the House to tow the path of honour and obey court orders to reinstate her and restore all her privileges as a Bauchi lawmaker. In a chat with National Mirror, she said that the delay in reinstating her back to the office is a calculated attempt to deny Bogoro constituency from enjoying the dividends of democracy and desperate attempt to scuttle her political career ahead of the 2015 elections. Cautioning the House to stop deceiving the public that she was delaying

her re-instatement to office when she no longer has a case against the House, Hon Danna described her suspension as illegal, unconstitutional and an attempt to weaken women’s active participation in politics. She said that having won at both the lower and appellate courts, she wondered why the House has refused to restore her to office, adding that it was buying time since the elections is next year. She said: “It is a political abortion when the House could not obey court orders, but desperately rushed to seek stay of execution even when it was glaring that it was at fault. It ought to have obeyed the two separate court orders before any moves.” Maintaining that she does not deserve all the hu-

miliation she got simply because she was against the motion relocating the headquarters of TafawaBalewa council, she said the House members are being misled to pander to the whims of godfathers.

She then promised to continue to support and remain loyal to the Peoples Democratic Party, PDP, debunking insinuation that she wants to defect to another political party.

National Mirror www.nationalmirroronline.net

Lagos 2015: Endorsement won’t deter us from our goal OLAJIDE OMOJOLOMOJU

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gubernatorial aspirant on the platform of the All Progressives Congress, APC, in Lagos State, Senator Ganiyu Olanrewaju Solomon, has said that the pronouncement by the Oba of Lagos, Oba Rilwan Akiolu, preferring Akinwunmi Ambode over other aspirants, would not deter him from pursuing his ambition of becoming the next governor of Lagos State to logical conclusion. Solomon, the Senate Minority Whip and chairman, Senate Committee on Capital Market, said this in Lagos at the weekend at an interaction session with newsmen, declaring that Oba Akiolu’s comment at a recent book launch on Ambode was a personal wish, which could not deter him, the party faithful and Lagosians in general. Saying that Lagosians and party faithful, were now more than ever determined “to have a say in who becomes their candidate, and who eventually rules their state, because we are all stakeholders, just like any other person,” Solomon, who insisted on the conduct of free and fair party primary, said the Kabiyesi’s opinion cannot be equated with how the APC picks who flies its flag, saying that no provisions in party constitution gave room for endorsement of candidates by traditional rulers. He said: “Let me say that in making the pronouncement, Kabiyesi was expressing his preference. He has

Muslim group advocates for release of Chibok schoolgirls TOYEEB OLAYINKA

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agos zone of the Nawairud-deen Society of Nigeria, NSN, has also lend its voice to the call for the unconditional release of the over 200 Chibok school girls, abducted by the terrorist sect, Boko Haram, calling on President Goodluck Jonathan to do everything to ensure the immediate release of the girls. National Chairman of NSN, Alhaji Rasheed Olayinka made the call during

its maiden health walk that ended as a protest, said the protest is a necessity to add to the many voices from different quarters that have called for the release of the Chibok girls. Men and women members of the association carried placards with inscriptions like: ‘Rescue our daughters alive’, ‘Islam is a religion of peace and there is no compulsion in religion’, ‘Save our girls, Save humanity’, among others. Alhaji Olayinka said: “We are not only walking for the

health of the body but for the health of the nation because at present the nation is sick. We are imploring President Jonathan and all concerned to do all within their powers to ensure the release of these girls. “We are parents and we know how it feels for someone’s daughter to be abducted for over a month, that is why the whole nation is with the President in prayer to free the girls as soon as possible and I believe Nigeria shall triumph over this trying time, he said.”

also expressed his personal opinion. I don’t know which part or provision of the constitution of the party says a traditional ruler endorses or can endorse. Whatever he says is his personal wish, which is not the same thing as the wish of the generality of the people. At the end of the day, we have a party structure. “Let me also tell you that he made the pronouncement at a time when we had not even concluded putting party structures in place. And we’ve had different opinions since then. We deliberately did not come out to say anything about it because we felt it was a political statement. And what do you do with political statements? You either respond or you leave it. In this case, we decided to leave it. “In our own case, such statements would not deter us. It will not deter the party man. You go around, meet them. They are determined. This time around they want to have a say in who becomes their candidate, and who eventually rules their state, because we are all stakeholders, just like any other person. What is the weight of a vote? Every vote carries the same weight, regardless of the status of the individual.” On zoning of 2015 governorship slot to Lagos East, Solomon argued that zoning was not known to the APC constitution and had not been in practice from evolution of the Alliance for Democracy, AD, to APC. Saying that he knew the problems of Lagosians and had all it takes to rule as governor and provide solution to majority of the problems, Solomon said zoning the governorship or whatever position has never been an issue in the state since 1999 when Asiwaju Bola Ahmed Tinubu emerged as the party’s candidate being the only one from Lagos West while the rest, including late Wahab Dosumu were from Lagos Central, through a free and fair primary. He added: “When Asiwaju Tinubu emerged in 1999 as AD candidate, despite that he was the only candidate from the West and all others were from the Central, he emerged through a free and fair primary, he emerged because there was a level playing field.”


National Mirror www.nationalmirroronline.net

Views

Monday, May 26, 2014

15

On the Editorial Board Mirror of the moment ABDUL-WAREES A SOLANKE korewarith@yahoo.com, 08090585723 (SMS only)

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he editorial board of any newspaper is its intellectual power house. The strength of the newspaper is therefore, in the quality of men and women who sit to canvass public issues and take positions on them, which are written and published as editorials. They stand as the opinions of the newspaper. Check the profiles of members of the editorial board of an average newspaper and you will be confronted with intimidating credentials of thoroughbred technocrats, academic giants, experienced distinguished journalists and outstanding professionals in various fields of endeavors. In addition to crafting incisive editorials, they also come out forcefully with personal opinions as columnists. As a young journalist in the early 90s, I was fascinated by the columns of the likes of the late Tom Borha (Tom B); Chike Akabogu; Nnamdi Obasi; Ademola Ogunlowo; Segun Babatope; Dele Alake and Iyiola Faloyin in the defunct National Concord. Kayode Komolafe, Akeem Soboyede and Isaac Okoroafor also sat on the board of that newspaper at some time. I was a research officer on the board where we had people

like Professor Mike Ikhariale, Professor Jim Unah, Mr. Chuma Ifedi, Chief Duro Onabule and Dr. Olaseni Akintola Bello as visiting members. The Guardian at its inception paraded an array of brilliant minds like Professor Edwin Madunagu and Dr. Olatunji Dare. Tunji Bello also went to Thisday at a point in his journalistic career as Editorial Board Chairman. Alhaji Kola Animashaun, Owei Lakemfa and Mr. Femi Abbas were some of the brilliant minds that penned incisive editorials in The Vanguard, while also maintaining incisive scintillating columns. If my mind does not fail me, our incumbent minister of information, Mr. Labaran Maku, also sat on the editorial board of Champion newspaper just as the current Editor of National Mirror, Seyi Fashugba, Dozie Okebalama, Azubuike ishiekwene and the late Dafe Onojovwho were sharp men on the editorial board of The Punch before. The editorial board is not a male dominated arena and I should not be accused of male chauvinism in my listing so far. So, I recognized women like Bilikisu Yusuf for her worth in the New Nigerian and the Trust Newspapers just as I salute Wale Sokunbi on the Editorial Board of The Sun, not forgetting Dr. Mrs. Hamidat Doyin Abiola, who as the Managing Director and Editor-in-Chief of the defunct National Concord, took special interest on the editorial board. No editorial escaped her probing eyes in her time. Today, I therefore, find it fitting to ac-

THE STRENGTH OF THE NEWSPAPER IS

THEREFORE, IN THE QUALITY OF MEN AND WOMEN WHO SIT TO CANVASS PUBLIC ISSUES…WRITTEN

AND PUBLISHED AS EDITORIALS knowledge those whose thoughts and ideas in columns and commentaries serve as compass for navigating the nation’s polity and the barometer for gauging the public mood, setting public agenda and shaping public opinion. On the editorial board of today’s National Mirror, Jim Unah, a professor of philosophy at the University of Lagos and deputy vice-chancellor at the Premier University, Sao Tome, comes as a very illuminating scholar with a burning patriotism for Nigeria. In Friday Ndubuisi, also a professor of philosophy at the University of Lagos with degrees in law, one founds a combination of candour and sensitivity to the stability of Nigeria. Fatherly Princewill Alozie, a professor of philosophy enriches editorial discourses with useful historical insights just as Dr. Tajudeen Bamidele Seteolu, a political scientist with some Marxist inclination deepens issues with clinical political economy perspectives as an advocate of alternative develop-

ment strategies to unlock the nation from whims of the capitalist order. From the Covenant University, Professor Sheriff Folarin who also holds a Ph.D in political science, guides public agenda as a visiting member of the editorial board of the National Mirror penning columns in the Sunday edition of the newspaper. Dozie Okebalama, as the editorial board coordinator, comes with long years of experience from The Punch. A fantastic writer, views on Fridays on the back-page of National Mirror could sometimes be acerbic, but it is for the good of the nation. Kayode Ketefe, a young lawyer drafted from the paper’s judiciary desk has firmly established himself as a social critic. And the editorial page editor, Callistus Oke. I call him Oga Callistus. Currently a regional managing editor, he is a veteran of a number of newspapers as well as a former editor of Sunday Mirror. A philosopher of sorts, his intellectual depth and rich experience he brings to bear in guiding editorial discussions, regularly moderating extreme views, tempering hot debates and bringing us down from the clouds as we canvass utopian ideas. He truly feels the pulse of the nation with his Monday column, Heartbeat. It is a rare honour and privilege to be in this league of men of ideas whose views, sometimes acerbic, but mostly patriotic and discerning serve as compass of the nation and mirror of the moment. Solanke is Chief Strategy Officer, Voice of Nigeria/Head, VON Training School, Lagos.

New transport policy: A lesson in self-indictment FUBARA DORTE

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ith the announcement by the Federal Government, early this year, that it was putting together a framework that would form the bedrock of a new transportation policy for the country, we need not look any further for the reasons for the failures of recent attempts at PublicPrivate-Partnership (PPP) to develop some of our public infrastructure. There might also be no need for further argument over who is to blame for the foreseeable failure of nearly all major PPP projects in the country. It is no surprise then that all previous attempts by the FG to redevelop or upgrade any of the nation’s critical infrastructures have met their waterloo even before they took off. All, perhaps, except for the domestic terminal of the Murtala Muhammed International Airport, Lagos (commonly called MMA2), which, today, stands as the only completed major PPP project in Nigeria. But the MMA2 is not without its own problems, which this article will deliberately avoid discussing in order not to distract from its fundamental concern and focus. With the revelation by the FG, a few things are immediately apparent. Among them is the unmistakable admission of total ineptitude in its implementation of the PPP model. What is being said in essence is that it had wittingly put the cart before the horse by adopting the PPP model without first and foremost putting together an institutional and legal framework, which would

AND THIS CANNOT BE ACHIEVED THROUGH ENDLESS RHETORIC, BUT ONLY THROUGH DELIBERATE ACTIONS THAT SIGNIFY GENUINE COMMITMENT TO THE PROMOTION AND PROTECTION OF FREE ENTERPRISE have served as a roadmap for all parties and also safeguard their investments. The government also admitted that it had, hitherto, been groping in the dark, while pretending to be implementing a well rehearsed policy that would ensure the revival of our decaying public infrastructure. Now, let us examine some details of the proposed policy. Media reports quoting the Minister of Information, Mr. Labaran Maku, revealed that the Federal Executive Council, at its meeting last March 12, commenced discussion on four proposed executive bills seeking to further reform the nation’s transport sector. The proposed bills are, the National Transport Commission Bill (2014); Nigeria Railway Bill (2014); Nigerian Ports and Harbour Authority Bill (2014); and the National Inland Waterways Authority Bill (2014). The bills are to be revised by a committee

chaired by the Attorney-General of the Federation, Mr. Muhammed Adoke (SAN) and, thereafter, sent to the National Assembly for consideration. According to Maku, the proposed bills became necessary following certain considerations by the government, chief among which was the need to encourage greater participation of the private sector in the development of transportation infrastructure by eliminating the several legal bottlenecks that have constituted major hindrance. The point must be emphasised that it is absolutely impossible for any country to experience economic growth without a strong and viable real sector. It is, of course, a no brainer that real sector growth depends entirely on the unhindered participation of private investors, both local and foreign, in economic activities. It has been estimated that Africa needs up to $100 billion a year to reverse its huge infrastructure deficit, especially transport networks, power generation and water supply. This will no doubt require long term financing that is now very scarce. It has, therefore, become an imperative for governments, serious about attracting long term investments to their economies, to concentrate efforts on creating the right conditions and environment. And this cannot be achieved through endless rhetoric, but only through deliberate actions that signify genuine commitment to the promotion and protection of free enterprise. And how best do you judge a government, save by its antecedents? It is in this regard that I submit that the Nigerian government

has failed woefully. Or how does a potential investor view a government that preaches private sector participation in infrastructure development with one side of its mouth and uses the other side to support spending public funds in upgrading and remodelling airport terminals across the country and setting up a national carrier? What about the still unresolved issues surrounding the concession agreement on the all-important Lagos-Ibadan Expressway with a consortium of private investors? What could be the rationale for entering into an agreement on a strategic public infrastructure with innocent investors when the government was aware of the absence of a policy framework to support such an exercise? It got worse when this same government, which should, ordinarily, look for ways to protect and encourage such investors, chose, rather, to use them as sacrificial lambs or guinea pigs. It seems to me that the government has, inadvertently, created further grounds for Bi-Courtney to challenge the legality of the revocation of the concession agreement. Fubara Dorte, a project analyst, is based in Port Harcourt. Send your views by mail or sms to PMB 10001, Ikoyi, or our Email: mail@ nationalmirroronline.net mirrorlagos@ yahoo.com or 08164966858 (SMS only). The Editor reserves the right to edit and reject views or photographs. Pseudonyms may be used but must be clearly marked as such.


16

Editorial

Monday, May 26, 2014

National Mirror www.nationalmirroronline.net

All the Facts, All the Sides A PUBLICATION OF GLOBAL MEDIA MIRROR LTD BARRISTER JIMOH IBRAHIM, OFR „ PUBLISHER

KAFILAT OGBARA

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MANAGING DIRECTOR/CEO

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SEYI FASUGBA

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DAILY EDITOR

GBEMI OLUJOBI

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KAYODE FASUA

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AYO OLESIN

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GENERAL EDITOR

BEN MEMULETIWON

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HEAD, GRAPHICS

Jega’s waffling on voters’ card reader

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ince 2010 when Professor Attahiru Jega replaced Processor Maurice Iwu as the chairman of the Independent National Electoral Commission (INEC), he has tried to prove that he is, indeed, the man for the job. If he has been short on performance, it is due mainly to the systemic and institutional problems he inherited. When recently he announced at a workshop in Abuja that INEC would deploy voters’ card readers in future elections to ensure free, fair and credible polls, Jega was widely applauded. Many saw the idea as one of the most revolutionary measures in the country’s electoral process management. Represented by Dr. Ishmael Igbani, an INEC National Commissioner at the said workshop, Jega was quoted as saying: “In line with its legal mandate, the commission is currently in the process of printing permanent voters’ cards for voters. The PVCs have embedded electronic chips containing the personal information and fingerprint details of voters and will be used to identify and authenticate the voters at the polling unit on election day through the planned deployment of hand-held card readers.” Jega revealed that the card readers would be used as a pilot scheme in the two upcoming gubernatorial elections in Ekiti and Osun states slated for June 21 and August 9, 2014, respectively,

and later during the 2015 general elections. The voters’ card reader ‘innovation’, without doubt, boosted INEC’s credibility. It was, however, a big shock to the public when Jega reversed himself on the same subject lately with the excuse that the two aforementioned elections were too close to accommodate the experimentation of voters’ card readers. The INEC boss said he would, instead, prefer the testing of pilot card readers in by-elections before the 2015 general election. It is at the pleasure of the electoral body to decide on how best to manage the nation’s electoral processes. But because it is about Nigeria, all stakeholders ought to be carried along. It is, however, disappointing when the hopes of stakeholders are raised and dashed at will and without qualms, the way INEC is now trying to do. It means the voters’ card reader ruse was more or less a mere dream precipitately made public by Jega and his commissioners. We wish to reiterate at this point the fact that the nation’s sordid past in competitive politics largely contributed to Jega’s appointment as the head of INEC, based on his perceivable credible records. Not a few Nigerians believe he could turn around the electoral fortunes of the country. Therefore, it is unacceptable that such a figure should be making flippant and unreliable policy statements.

ELECTORAL FRAUDS CAN STILL BE PERPETRATED IN BOTH THE

EKITI AND OSUN

GUBERNATORIAL ELECTIONS WITH THE

PVCS IF THERE ARE NO CARD READERS

We are not faulting Jega’s zeal to deploy modern technology in the nation’s electoral process, since doing so would lead to free, fair and more credible polls. Equally gratifying is the fact that INEC has been enjoying special support from the President Goodluck Jonathan administration. On November 27, 2013, for example, the Federal Government gave approval for the procurement of 70, 000 smart card readers for INEC at a cost of N459 million. The commission has also taken delivery of some of the items. If successfully deployed and the right results extracted in the end, Nigeria would join the league of the about 14 serious democracies in the world using electronic voting devices. India, with a population of 1.2 billion people, out of which 814 million are eligible voters, offers a good example of how a country can technologically drive its electoral process. The Election Commission of India

ON THIS DAY May 26, 1981 The Prime Minister of Italy Arnaldo Forlani and his coalition cabinet resign following a scandal over membership of the pseudo-masonic lodge P2. Forlani is an Italian politician who served as the 44th Prime Minister of Italy from 18 October 1980 to 28 June 1981. During his tenure, the list of who belonged to the secret lodge P2 was published. However, the lateness with which they were published gained Forlani heavy criticism and he was forced to resign.

Letters tothe theEditor Editor Letters to

May 26, 2004 United States’ Army veteran, Terry Nichols, was found guilty of 161 state murder charges for helping carry out the Oklahoma City bombing. Terry Lynn Nichols (born April 1, 1955) is a convicted accomplice in the Oklahoma City bombing. Prior to his incarceration, he held a variety of short-term jobs, working as a farmer, grain elevator manager, etc. He met his future conspirator, Timothy McVeigh, during a brief stint in the US Army.

(ECI) deploys about 1.4 million non-hackable electronic voting machines to service the 930,000 polling stations spread across the country; and some of them could be powered by batteries to take care of parts of the country suffering irregular electricity supply, for instance. In addition, digital cameras, videotaping of speeches and wireless networks all help in the conduct of elections in that country. For Nigeria, however, we think PVCs and card readers are where to begin from; and the best opportunity to experiment them has been offered by the upcoming gubernatorial elections in Ekiti and Osun states. The innovation can change the game. It may turn out to be the panacea for Nigeria’s electoral woes. The PVCs recently distributed to the electorate will be useless without card readers. Electoral frauds can still be perpetrated in both the Ekiti and Osun gubernatorial elections with the PVCs if there are no card readers to identify fraudulent voters. Except INEC is facing ‘special challenges’ it is hiding from the public, we see no reason it cannot match PVCs with card readers during the Ekiti and Osun governorship elections. We, therefore, implore the commission to do whatever it can to limit election frauds during the said polls by applying the innovation.

x May 26, 2010 Severe flooding began in eastern and southern China that ultimately causeed 148 deaths and force the evacuation of 1.3 million. Four rounds of torrential rains with landslides and flooding lasted for 20 days and affected fifteen provinces in Eastern and Southern China. The first round of floods affected twelve provinces in South China and killed 93 people as of 30 May. A new round of floods began on 6 June and swept through nine provinces.


A2 18

Business Courage

Monday, May 26, 2014

National Mirror www.nationalmirroronline.net

Cover

A clog in the wheel Almost half way into the year, last week, President Goodluck Jonathan signed the 2014 Appropriation bill into law, but while the Minister of Finance and Coordinating Minister of the Economy, Dr Ngozi Okonjo-Iweala believes that the late signing of the budget will not hamper the running of the economy in any way, experts say the delay goes a long way in undermining effective implementation even as they blame executive, legislature for politicisation of processes, failed targets By Tola Akinmutimi, Abuja

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ast week, after several months of brickbats and tantrum between the executive and the legislative arms of government, President Goodluck Jonathan hurriedly signed the 2014 Appropriation Bill into law. Signed uncharacteristically behind closed doors and coming almost six months into the year, with the passage noted to have been too delayed despite the performance-focused budget promises made by the president, one thing that has become clear to Nigerians is that such assurances to improve their socio-economic well being through the budgets have turned to mere political statements, signifying nothing. Even with the budget being signed into law, there were reports that as at last week that the National Assembly was still looking into the budgetary provisions for 52 MDAs, with the possibility that some, as experienced last year, may still get zero allocation. While one of the key requirements of the Fiscal Responsibility Act is that yearly Appropriation Bills should be passed in a timely manner to guarantee

efficient capital budget performance, curiously, these statutory provisions of the subsisting Act, the Financial System Strategy (FSS) 2020 and the Medium Term Expenditure Frameworks had been violated over and over again by the political gladiators at the highest corridors of power with impunity as millions of citizens bear the brunt of this Executive-Legislative fiscal lawlessness as the years roll by. Indeed, this attitudinal disposition of the political leaders to their Constitutional responsibility is seen as one of the major disincentives to investment and avenues for corruption in the public sector. For the past three years of the present administration, Nigerians have been treated to what could be likened to choreographic theatrics on budget matters as the Executive and Legislature engage themselves in needless acrimonious bickering and buck-passing each year on what should either be the benchmark oil price for each budget or which Item Heads should get what and why without genuine concern for the needs of the citizens. Even when the processes and timelines for the presentation and passage of the Appropriation Bills are clearly spelt

out in these documents, the President, his NEMT and the federal Legislators have always surreptitiously been partisan in the entire process by triggering unnecessary altercation during the Appropriation Bills debate or when the legislators claim to be performing their oversight on implementation of the budgets. For instance, the 2012 Appropriation Bill was not signed into law until about May as the Executive-Legislative hiatus over the oil price benchmark and other items hampered the process. At the end of the financial year, capital budget performance stood at about N1.20 trillion of the N.1.72 trillion of approved capital expenditure, representing about 70 per cent of the approved budget. In 2013, the Appropriation Bill also went through a very rigorous deliberation process, sailing through finally about mid year. Of the N1.6 trillion capital budget, which accounted for about 32.5 per cent of the total expenditure, only 64 per cent or a little over N1 trillion was implemented. Given the malicious parti-

sanship that has dominated deliberations of the 2014 budget, which many economic experts have identified as remaining at the forefront of slow government and under-performance of most economies, there are strong indications that the performance of the 2014 capital budget may not better than previous years’. However, Minister of Finance and Coordinating Minister of the Economy, Dr Ngozi OkonjoIweala, has said that the delay in the signing of the 2014 budget into law has not hampered the running of the economy in any way. Briefing the media on the budget 72 hours after it was signed into law on Friday in

Abuja, the Coordinating Minister for the Economy and Minister of Finance, Okonjo-Iweala, admitted that delaying the budget was not in the best interest of the country. She, however, pointed out that contrary to the general impression that the delay would hamper government’s economic development drive remarkably, the fact remained that the impact may not be as negative as most analysts believe as recurrent and capital disbursements were being met, in line with the provisions of Section 82 of the 1999 Constitution as amended. The provisions authorise disbursement of up to 50 per cent of previous year’s approved

Business Courage A Publication of GLOBAL MEDIA MIRROR LTD BARRISTER JIMOH IBRAHIM, OFR Š PUBLISHER ADEJUWON OSUNNUYI

Š ACTING EDITOR

EMMANUEL OGBONNAYA

Š REPORTER

SEYI OKUMODI

Š SENIOR GRAPHIC ARTIST


National Mirror www.nationalmirroronline.net

Business Courage

Monday, May 26, 2014

A3 19

of economy ?

Okonjo-Iweala

budget pending the final enactment of a year’s Appropriation Bill into law. According to her, over the past five months, funds had been released to pay salaries of workers and to meet other public sector’s recurrent and overhead costs just as N200 billion capital expenditure had also been made to keep key projects going. Okonjo-Iweala however admitted that delaying the budget was not intended, as the best practice would be to have the Bill passed on time and get programmes implemented from the onset of each financial year. The minister said: “The truth is that those who designed the Constitution perhaps foresaw that there will be this kind of delays and with foresight they made provision for it so that the country will not grind to a halt. “Of course, the reason why we used to be excited before to get the budget signed is because it is better. It is better practice for a country to get budget on time and implement it starting on time, isn’t it? So, that is why it is good practice.

“I am not saying it is good to delay budget. No. But we have a provision that actually allows us to carry on with government and managing the economy even in spite of delays” she admitted. She observed that the 2014 budget is exceptionally important for the new policies encapsulated in it. One of the policies, which relates to the housing sector, is mortgage refinancing. The policy, under the Nigerian Mortgage Refinance Corporation, was launched at the beginning of the year by President Jonathan, and it is geared towards enabling low-income earners own houses. She added that the government would begin to advertise the initial 10,000 mortgage for the benefit of Nigerians in June. Another key policy the budget contains, according to the minister, is in the manufacturing sector. “The budget is designed to kick off certain sectors in manufacturing and create jobs,” Dr Okonjo-Iweala said, adding that the backward integration policy for sugar, which was designed to encourage local production of sugar, is one aspect under manufacturing “supported” by the budget. She said that the automotive industry was also given focus in the budget to enhance the pro-

duction of affordable cars for Nigerians. The other sectors she highlighted were aviation and agriculture. Okonjo-iweala further said the Executive and the Legislature had reached a common ground on previous concerns of “budget distortion” by the Ministry of Finance. However, speaking on the implications of the delayed budget for businesses generally, the Managing Director, e-Barcs Microfinance Limited, Kingsley Onuorah, told Business Courage that persistent delay usually associated with the passage of the federal budgets was undermining the development agenda of the government to ensure that businesses thrive and create jobs. He identified lack of political understanding between the Executive and the Legislature as responsible for the perennial delayed budgets and argued that this would have been avoided if enlightened people that understand the trends in to keep the economy going are involved in the handling of the yearly budgets. Onuorah explained that failure to enact the Appropriation Bill into law at the beginning of each financial year was impacting negatively on the financial services sector as well as other critical sectors, including the construction industry whose

contributions to the nation’s GDP growth remains huge in view of the multiplier effects. He said: “We work in the sub-sector of the financial services industry and we have been negatively affected. Since government controls at least 85 per cent in the funding of the economy, lack of flow will cause what we call ineffective demand. Like what has happened now is that banks have the tendency of not funding contracts anymore because they are not paid and because money is not flowing by way of capital projects. “So, if you go to Dei-dei market, for example, they have a lot of goods unsold and if banks are no more funding contracts and so on all of them will go and concentrate on these people that import and sell local goods and so on and we will not have anything to fund. “You will have a situation where a lot of funded contracts are not paid, interest is accruing, write-off becomes imminent and business closes down and so on and you see a situation where the building materials people are not also selling and if they are not selling, the economy is not moving and this is what we call an economy with ineffective demand. “If this is allowed for a very long time it can lead to layingoff of workers, delay in payment of salaries, loss of profits and so on and so forth. That is the kind of situation we find ourselves as a country when the budget is not passed in time and this always have negative implications or multiplier effects on the economy”, the financial expert added. He noted that if we have very enlightened people that understand the trends in the global economic system, that we only depend on the oil that we get and who also understand that the discovery of the Shale oil is affecting Nigeria negatively, that the quantum of oil revenue accruing to the Federation has reduced drastically by about 30 per cent and so on and so forth then their attitude to economic development, especially to timely passage of the Appropriation Bill would have been different. “If we have such people in the National Assembly and they go to work in tandem with the Executive as against what we have now because everybody wants constituency projects to be there that they want to control, that at the end of the day you will have bigger money,

and when you begin to run an expansionary monetary policy that may not be sustainable then you run into a situation where there will be inflation and so on, the World Bank will not be able to support that. “So, ignorance is one of thing is part and parcel of the problem. Greed is also part of it as well. The National Assembly must have experts that know how that money is coming in and they will know to what extent we can go by way of our budgeting. The Executive must also be transparent in telling them that this is what we have, what we have projected because even on your projection you have to be conservative, so you don’t need to be massively optimistic because you have a target and therefore not to waste time with the budgeting process”, Onuorah advised. Expressing his views on the implications of timeliness of Appropriation Bill passage for performance-based budgeting, a renowned Professor of Economics, Professor Akpan Ekpo, said that besides the fact that delayed budget is undesirable for effective pursuit of the broad economic targets set in it, there was the need to avoid lag that may cause discontinuity or distortions to the medium and long term objectives of budgets. Ekpo, who is also the Director General, West African Institute For Financial And Economic Management (WAIFEM), sees the failure by government to comply with the provisions of the relevant policy frameworks and legislations in respect of timeliness of the yearly budgets as an undesirable phenomenon that must be addressed in order to improve budget performance at all levels of the economy. He explained: “The delay in the budget process affects not only budget efficiency but also the overall economy. Budget is an estimated annual plan for the economy hence any delay creates a lag problem as well as uncertainty among economic agents as to the direction government would like to move the economy. “The budget cycle must be seen to be continuous thus once one budget is completed another starts. By September of any year, the draft budget should be with the national assembly to enable proper deliberations so that by January the appropriation bill is accented to by the President. Continued on pg A4


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Continued from pg A3 “It is now a law that the Minister of Finance must submit the Medium Term Expenditure Framework to the FEC at the end of the 2nd quarter in order to allow for proper budget formulation by the executive. Based on the fact that the MTEF is a 3 year revenue - expenditure framework, there should be no reason for any delay because most of the Ministries and departments know both the revenue projection and expenditure for another 2 years; what is needed is finetuning and rolling over”, Ekpo Bello added. Another analyst, the Managing Director/Chief Executive Officer, Microfone Telecom, a network for people in rural communities owned by the Nigerian Capital Development Fund Group, Alhaji Tajudeen Abdulkareem, linked delays associated with the Appropriation Bill’s passage into law to the cumbersome procedure of the inefficient system the country is running as well as greed in the public service and the Legislature. He described the trend as undesirable for economic planning and projections and therefore capable of adversely affecting efforts to lift poor Nigerians out of the poverty line, the purpose of which democratic government is adopted by the people. Abdulkareem, a business development expert, believed that simplifying the budgetary process and discarding the yearly plan for a rolling plan in fiscal management would go a long way to assist the country in enhancing the performance of the capital budgets. He said: “Budget delay is due to cumbersome procedure inefficient system and greed among senior officers of government, including members of the National Assembly. This is bad for economic planning and projections and it affects the delivery of democracy dividends. “We need to simplify the budget system, discard the yearly plan in favour of the rolling plan. Government has failed to allow the bureau of public procurement to function properly. We should make out systems to function efficiently” Abdulkareem added. In his contribution, the Director General of Association of Nigerian Exporters, Prince Joseph Idiong, noted that the need to improve budget efficiency in the country required that all those involved in the Appropriation Bills should understand that failure to meet the timeline for passing the Bills would mean economic slowdown for businesses and the larger economy. He lamented the prevailing practice which allowed for extra-budgetary spending by government officials and legislators through the issuance of Special Warrants, pointing out that trend could also be linked to persistent delays in the budgetary process and poor implementation of Appropriation Acts in the country. Citing the recent impasse between the Congress and the Executive in the United States of America over new debt or borrowing limit which almost grounded public administration completely to justify his views, the trade expert lamented the increasing penchant of public officials in Nigeria to circumvent policies and fiscal guidelines and called for appropriate sanctions against breaches of such due process requirements at any level. While reflecting on the structure of the 2014 Appropriation Bill shortly after it was laid before the National Assembly by the Finance Minister last December, the President of the Lagos Chamber of Commerce and Industry (LCCI), Alhaji Remi Bello, noted that the high and disproportionate share of the recurrent expenditure of 76.3 per cent compared to the 23.7 per cent capital expenditure was clearly not consistent with urgent need to fix the huge infrastructure deficit in the economy. According to him, this imbalance in the structure of the budget has serious implications for the economy and these include, low investment in infrastructure; weak competitiveness and productivity of enterprises in the economy as infrastructure remains weak; and risk of wasteful spending and corruption as recurrent expenditures are generally more susceptible. Bello said the Chamber was concerned that in the past couple of years, an increasing proportion of the nation’s resources were being committed to recurrent spending, which is also a reflection of higher consumption spending as against investment expenditure, adding that “this fiscal structure is certainly not in the best interest of the economy and not consistent with the objective of job creation and inclusive growth” As many analysts have noted, if there is any major issue that the Federal Government needed to fix to get the ongoing economic transformation agenda on the right path and achieved its broad, long term objectives of inclusive growth, it is getting the processes of budgeting right, and timely too. BC

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L-R: Okoduwa Matthew, Assistant Director, Monitoring and Enforcement, National Broadcasting Commission; Chioma Afe, Marketing Manager, DStv; Fuad Kadiku, Regional Operation Manager, MultiChoice Nigeria; and Caroline Oghuma, Public Relation Manager, MultiChoice Nigeria during the DStv Customer Forum held at Honeymeal Restuarant, Ikorodu, Lagos recently

FG plans massive improvement in national grid – BPE

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he Director General of the Bureau of Public Enterprises (BPE), Benjamin Dikki has revealed that Nigeria is finalising plans for a super grid power transmission system to cope with the anticipated increase in power generation in the country. He made this known when he received a team from China Electric Power Equipment and Technology Company Limited, a subsidiary of the State Grid Corporation of China (SGCC). Dikki said the Transmission Company of Nigeria (TCN) was willing to consider all options to strengthen its wheeling capacity, adding that as the capacity of generation increases, TCN will become bankable due to increase in wheeling and transmission charges. He urged SGCC to liaise with TCN to key into the planned massive improvement in the national grid system, adding that the sector requires massive investment for rehabilitation and new construction. Speaking earlier, the leader of the delegation and Vice Presi-

dent of SGCC, Mr. Cheng Wei told the DG that the visit was a follow up to the visit of Chinese Prime Minister to Nigeria. He stated that SGCC is China’s largest power company and the world’s largest utility company. He added that the company operates in China’s 26 provinces, covering about 88 per cent of the land area with an over 1.1 billion customer base. He said the company also operates China’s national transmission grid and that of Philippines, Brazil Transmission franchise and have recently acquired 25 per cent stake in the Portuguese National Energy Grid Corporation (REN). He informed that the company’s Grid’s expertise ranges from planning, engineering, operation and maintenance to training in transmission and power grid operations, adding that the company had recently delivered a $1.4 billion project in Ethiopia as part of its Africa initiative. He added that the company arranges financing for some of its projects.

Imoke wants removal of solid minerals from exclusive legislative list

River do not belong to the state. It is on the Federal Government’s exclusive list. ``This is something that can bring rapid growth and development if we remove it from the exclusive list and encourage private investors to come in’’, Imoke said. According to him, so long as it is on the exclusive list and we continue to rely on oil, not much can be achieved. ``Even in the quarries in Akamkpa, all investors pass through Abuja while we suffer all the environmental degradation. ``Since the loss of oil revenue, President Goodluck Jonathan has tried to mitigate that loss, the state went to the revenue commission and lost about N30 billion. ``But we got N6 billion back through the intervention of the President and we are still trying to get some additional support. ``If you check our Gross Domestic Product, there is a huge gap between what we are currently collecting as taxes and what we are supposed to collect as taxes. ``For us in Cross River which is not an oil revenue state, we must pay some atten-

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Dikki

ov. Liyel Imoke of Cross River has restated his call for the removal of solid mineral resources from the exclusive legislative list in the Constitution to encourage states and private sector participation. Imoke made the call during an interactive session with newsmen in Calabar on Friday. He said the State Government had lost more than N30 billion revenue since the loss of 76 oil wells to Akwa Ibom. ``Mineral resources in Cross

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tion to efficiency in collection of taxes to keep government projects and programmes going,’’ he said. The governor decried what he called high cost in the presidential system of government. Imoke said he would not run for any elective position in the 2015 polls. ``Anyone who is interested to be the governor in 2015 should come and participate but I will not stand for any discussion that is outside Cross River. ``Those that have the capacity to run should come out and talk, consult and express it. We want the best governor for Cross River. ``I will be stupid to look for someone that will protect me, for what, If you look at history, those you bring to protect you usually undo you’’, he said.

Illoh

Sure-P Unit takes delivery of locallymade project vehicles

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he Community Services Women and Youths Employment (CSWYE) Project of Sure-P has taken delivery of locally-made ``IVM G5’’ sport utility vehicles approved by the Federal Government to boost field work. The News Agency of Nigeria (NAN) reports that the initiative is domicile in the Federal Ministry of Labour and Productivity. The Permanent Secretary in the Federal Ministry of Labour and Productivity, Dr Clement Illoh said the purchase of the vehicles was in line with recent approval by the Federal Executive Council. Illoh, represented by Dr Martina Nwordu, the Project Director at a one-day training for project drivers, said the vehicles must be used for the purpose for which they were purchased. ``The training is aimed at sharpening the skills of project drivers and to ensure that the newly procured utility vehicles are effectively utilised for guided road safety consciousness,’’ he said. Illoh explained that the CSWYE and the other components of Sure-P were meant

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Monday, May 26, 2014

to alleviate the impact of the partial removal of oil subsidy. According to him, the programme had recorded tremendous achievements so far.

Africa to partner with international community on maritime security

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he Commandant, National Defence College (NDC), Rear Adm. Patrick Agholor, on Monday, said Africa would continue to partner with the international community to address its security challenges in the maritime sector. Agholor made the disclosure in an interview with the News Agency of Nigeria (NAN) on Friday in Abuja at the end of a three-day International Conference on Maritime Security in the Gulf of Guinea. He said ``we will continue to partner with the international community because the contemporary nature of insecurity shows that whatever happens in any part of the world will have direct consequence on the international community. ``Adequate resources are needed to address the security challenges confronting Africa, so, the support from the international community will facilitate African strategies to tackle the scourge.’’ He added that the conference had created awareness and was able to ``eloquently and explicitly state the African position. ``The message is that we require resources for us to address our security challenges on land and sea.’’ Phillip Heyl, the Chief Air and Maritime Programmes Strategy, Plans and Programmes (J589), United States African Command, said he was impressed by the level of participation in the conference. Heyl said regional approach to maritime security was important to economic development in Africa. He added that ``the deliverables from this conference will go to Yaoundé from June 3 to June 5. ``It will provide important

Agholor

inputs to Economic Community of Central African States, ECOWAS and the Gulf of Guinea Commission.’’ Felix Henkel, the Regional Office Coordinator of Freidrich Ebert Stiftung Foundation in Abuja, said the conference came up with ``the Abuja Declaration on Sustainable Maritime Security Regime in the Gulf of Guinea.’’ Henkel said the declaration would be taken to the officials to share the outcomes of the meeting with their peers. He added that ``maritime security issues start on land. You have to look at the situation at the coastal communities and this was a prominent point shared by participants throughout the conference. ``It is a complex issue in the sense that it has social, environment and economic implications. ``So, it is important that the navy and the coast guards have the capabilities to counter threats, fight piracy on the Gulf and prevent armed robbery on the sea.’’ Participants of the conference were drawn from the armed forces, the civil society, the legislature and members of the academia.

Okogu

SURE-P gets N268.37bn in 2014 budget – Okogu

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he Director-General of Budget Office of the Federation, Dr Bright Okogu, has said that N268.37 billion had been set aside for the Subsidy Reinvestment and Empowerment Programme (SURE-P) in the budget. Okogu made the statement at a news briefing at which he gave details of the budget, which was also signed by President Goodluck Jonathan on Friday. ``The budget as passed comes to a total figure of N4.695 trillion of expenditure as passed by the National Assembly. ``In addition to this, SUREP has N268.37 billion, set aside specifically to handle issues that have to do with SURE-P. ``If you take the two together, it comes to N4.96 trillion,’’

he said. He said that that the recurrent expenditure, consisting of salaries and overhead transfers among others, was N2.455 trillion. He said that N712 billion was set aside for debt service, while the capital expenditure was N1.119 trillion as against N1.59 trillion in 2013. Okogu said that N408.69 billion was set aside as statutory transfers to service certain identified government organs. ``Statutory transfers are monies that are sent directly to certain identified organs of government, National Assembly is one of them, NDDC is another one, UBEC, human rights and few other benefits under the window of statutory transfers,’’ he said. He said that the budget was passed on oil benchmark of 77.5 dollars and 2.388 million barrel oil production per day compared to 2.5 million barrel per day in 2013 budget. Okogu explained that the budget was also passed based on 160 dollars to one naira as was the case in 2013. ``Aggregate revenue projected for the three tiers of government is N10.88 trillion and Federal Government will receive N3.73 trillion as against N4.1 trillion received in 2013,’’ he said. The director-general added that fiscal balance with the old Gross Domestic Product came up to two per cent, adding that with the rebasing it would be one per cent. Commenting on the allocations to the various sectors, he said that Education received N495.2billion, adding that there would be other forms of funding for the sector. The health sector got N264.46 billion, Niger–Delta Ministry, N113.6billion, Agriculture and Water resources got N119.32 billion. He said that Agriculture got N67.04 billion while water resources received N54.27 billion. Under infrastructure development, he said that the power sector received N101.2 billion, Works, N133.72 billion and FCT N30.4 billion. Okogu said that some of the major sector would also benefit from the SURE-P allocation

Blight attacks 500 hectares of potatoes farms in Plateau – Commissioner

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lateau Commissioner for Agriculture, Steven Barko, said 500 hectares of Irish potatoes farms had been attacked by blight. Barko made this known during a news conference in

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Jos. The commissioner said farmers in the state cultivated 250,000 hectares of potatoes annually and decried the outbreak of the blight, which had ravaged 500 hectares so far. Barko said the crop was being produced in nine local government areas of the state but that Bokkos Local Government Area was mostly affected. ``Already 500 hectares have been identified to have been affected by the disease and if not urgently addressed, has the potential to spread. ``Plateau is a major producer of Irish potatoes in Nigeria; potato is a crop that everybody wants to have on his breakfast table. It is an economic crop. ``We are threatened by this disease because it can spread very fast and thrives best in humid and wet environment’’, he said. Barko added that the farms were being attacked at the tuberisation period which was the worst time for the crop to be attacked. According to him, the disease usually dries up the leaves of the crop making it difficult for photosynthesis to take place. ``If we don’t intervene now and also seek help from those that can help us, we may have a serious problem in our hands. ``We have written to National Roots Crops Research Institute (NRCRI), Vom and we believe that the Federal Government through the NCRCRI would assist us. ``We are putting on some early intervention; we have bought about 200kg fungicide to fumigate the place that has been affected. ``If it affects up to 70 percent of the crop, there is virtually nothing you can do about it’’, he said. He said the Commissioner for Urban Development, Solomon Maren, had assisted the ministry with 50kg of fungicide to fumigate some farms. He appealed to farmers in other local government areas to take precautionary measures like fumigating their farms. Dr Daniel Lenka of NRCRI, who led other scientists to some of the farms, said the possible causes of the disease included change in pattern of rainfall and temperature as result of global warming. ``Poor sanitation of seeds in storage and field management, inter-cropping of potato with other crops, lack of resistant or late blight tolerant varieties and non-application of fungicides’’, he stated. Lenka advised that all potato farms in Bokkos be sprayed immediately with broad spectrum fungicide at the rate of 100g in 20 litres of water twice weekly. ``State and local govern-


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News ments, as a matter of urgency, should provide aerial spraying with fungicide, at least, weekly, in order to contain the epidemic’’, he advised.

Oyinloye

Mass Transit: Infrastructure Bank recovers 95 % of revolving loans

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he Managing Director of Infrastructure Bank Plc., Adekunle Oyinloye, has noted that the bank has recovered 95 per cent of revolving facilities offered in the first phase of the Public Mass Transit Fund (PMTF). Oyinloye disclosed this to the News Agency of Nigeria (NAN) on the sideline of the official hand-over ceremony of 65 mass transit buses worth N800 million to beneficiaries in Lagos on Friday. He said that the bank, as the fund manager of the PMTF Scheme Two, was working in collaboration with Subsidy Re-investment Empowerment Programme (SURE-P), the financier of the Scheme Two. He said that the bank was already working on ways to recover the remaining five per cent through effective risk management system. Oyinloye said that the government had to change the five per cent interest rate per annum under the Scheme One to zero per cent interest under Scheme Two. According to him, the bank expected beneficiaries under the Scheme Two, to pay on time because of the zero interest rate. He said that under the Scheme Two, every beneficiary had to collaterise their loans to ensure recovery of the facilities. “There is a risk management framework around the scheme, so every beneficiary has to collaterise what he has taken one way or another. “If we morally persuade them and it does not work on time, we will consider the next step to get our money back because the money belongs to the Federal Government of Nigeria. “It is meant for the masses because for other beneficiaries

to benefit, previous beneficiaries must pay back,” Oyinloye said. He that the aim of PMTF was to enhance national transport services through the Federal Government resources under the SURE-P. “I can tell you that from the offices of LAMATA, Transport Ministry to LAGBUS, everybody were indeed happy with the presence of our buses on the streets. “I want the public to know that this is not the first time Lagos is benefiting from the scheme. Since 2010 when the first scheme started, a lot of our buses ply Lagos roads. Oyinloye said that under the SURE –P initiative in 2012, a bulk of the 680 buses came to Lagos through a partnership with Lagos Ministry of Transport. He also said that each of the buses would provide employment to at least four people through shift operations. Dr Fatima Adamu, the SURE-P Convener for Mass Transit Sub-Committee, said that the buses were brought to Lagos because of the significance of Lagos to the nation’s economy. Adamu said that the success level of the scheme in Lagos would provide sustainable framework for its implementation across the country. She also said that in addition to the activities of PMTF, SURE-P was deploying efforts in road development and maintainace in Lagos. “Of course, the whole SURE-P is not about bus projects, but other things are in the offering for Lagos. “Every Nigerian is expected to benefit from SURE-P, irrespective of their politically affiliations because the SURE-P money belongs to Nigerians,” she said. Adamu said that under SURE-P initiative, government had earmarked N15 billion for mass transit programme. According to her, SURE-P also has plans to purchase 5,000 buses to be distributed to all the states. She said that the government employed private-public partnership to safeguard the money in the delivery of the services embarked upon. The convener said that the Infrastructure Bank had not relented in its efforts to make sure that the loans were recovered from beneficiaries. She said that the current regime understood the importance of Lagos to the development of the nation, adding that was reason government considered the state. Three corporate operators benefited under the Phase Two of the PMTF Scheme to be run by the LAGBUS franchise .They are Safetrip, Safexkways and the Green Line Company

EU, World Bank contribute N48bn for youth employment projects in 4 states

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he EU and World Bank contributed 300 million dollars (N48 billion) grant for the implementation of ``State Employment and Expenditure for Results’’ (SEEFOR) projects in four states, the Supervising Minister, National Planning Commission (NPC), Alhaji Bashir Yuguda has said. Yuguda, made the disclosure on Friday at the national launch of SEEFOR projects in Abuja. The launch was organised by the NPC in collaboration with the World Bank, the EU, the Federal Ministry of Niger Delta Affairs and the four SEEFOR participating states of Bayelsa, Delta, Edo and Rivers. Yuguda said the project was initiated by the World Bank to improve the living conditions of the people of the Niger Delta, as part of its contribution to the amnesty programme of the Federal Government. According to him, the overall objective of the project is to ensure improved standard of living of citizens and enhance financial management process in the country. He said ``the project has three main components, such as youth employment and access to socioeconomic services, public financial management reforms and project coordination and implementation support at the federal and subnational levels. ``It is worthy to note that these three components form the tripod upon which the 2014 annual budget of Federal Government and the Transformation Agenda rest.’’ Yuguda added that the Federal Government had established institutional framework to ensure coordination and effective delivery of the project at the national and state levels. The World Bank Country Director for Nigeria, MarieFrancoise Marie-Nelly, said the bank grant was to assist in addressing youth restiveness, poverty and unemployment in the four states.

Yuguda

Marie-Nelly called for collective leadership and responsibility by stakeholders to ensure successful implementation of the project. The EU Ambassador to Nigeria, Michel Arrion, said youth empowerment was imperative as some youths engaged in terrorism activities due to poverty in the society. Arrion said the EU gave the grant in consonance with the Paris Declaration on Aid Effectiveness. The Head of Service in Edo, Jerry Obazele, said the project had gone a long way in creating jobs for youths in the state. Obazele said the state government had employed more than 500 youths through the project to sanitise environment and maintain roads.

India Exim bank, Nigeria sign $100m loan for energy projects

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he African Development Bank (AfDB) said that the Export-Import Bank of India and Nigeria had signed 100 million dollars line of credit agreement to finance energy projects in Nigeria. A statement released in Abuja by AfDB said the Managing Director of India-Exim Bank, Yaduvendra Mathur and Nigeria’s Minister of Finance, Dr Ngozi Okonjo-Iweala, signed the agreement during the AfDB’s Annual Meeting in Kigali on Thursday. The statement said the agreement was meant to provide electricity transformers for solar electrification in rural areas in three states of Enugu, Kaduna and Cross River. It explained that the 100 million dollars would be spent on distribution of transformers for 96 communities in three senatorial districts of Enugu State. It also said that part of the loan would be used to provide a substation, including solar mini-grid electrification and solar street lighting in Kaduna State. “The money will also be used for the construction of two 26MW gas-based power plants in Cross River State in the Delta Region of the southern part of Nigeria,” it said. The statement said that India-Exim bank would reimburse 100 per cent of the contract value to the Indian exporters upfront upon the shipment of equipment and goods under the agreement. According to the statement, major export items from India to Nigeria are transport equipment, machinery, pharmaceuticals, rice and electronic goods.

The statement explained that the agreement with Nigeria brought India-Exim bank’s commitment in 76 countries in Africa, Asia, Latin America, Europe, and Oceania to 10 billion dollars. The statement quoted Mathur as saying that “Exim Bank is very proud to engage with Nigeria in the area of electricity development and we are looking forward to further corporation in different sectors.” It also quoted OkonjoIweala as saying that the agreement had been in negotiations for seven years and that its implementation signified a great shift in the relationship between Exim Bank and Nigeria. “We are more interested in having a programmatic type of discussion so that we tell you the areas that we feel we want to work with you, this is a beginning,” Okonjo-Iweala said.

Agro-allied firm develops technology to aid farmers

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n Agro-allied company, Novus Agro Nigeria Ltd. said on Friday that it had developed an effective technology that would facilitate trade between farmers and processors. A Procurement Officer of the company, Miss Osawaru Evbuomwan, told the News Agency of Nigeria (NAN) in Lagos that the technology would offer farmers’ agro-based information. She added that it would also create a profitable buyerseller linkage. Evbuomwan said that the technology would also ensure direct transaction between farmers and processors, thereby helping farmers to realise better prices for their products. ``We have developed a virtual market place where farmers can transact businesses directly with processors, otherwise known as `brokerage’. ``The service is to facilitate trade and help farmers make profit through standard prices for their products. ``To help us achieve this, we are partnering with key players in the agricultural value chain such as farmers, traders, transporters, producers and processors.’’ Evbuomwan said that the system was an innovative integration of the Internet. According to her, the market process will allow the use of technology to find solutions in remote farming communities. She further explained that brokerage would involve commodity aggregation and physical exchange of the produce between farmers and producers. BC


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Monday, May 26, 2014

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Brand Watch with Adejuwon Osunnuyi megacrown1@yahoo.com 08025237926

CSR: Mortein delights new mums, babies with support against malaria W

hile Malaria is noted to be a major cause of infant and maternal mortality in Nigeria, it reportedly accounts for over 600 deaths daily in children less than five years as well as most deaths in pregnant mothers especially those in rural and semi-urban settlements. It is also the main reason for outpatient admissions and visits to health facilities. But moved by the worrisome plight of new mothers and children that are being afflicted with malaria, Reckitt Benckiser through its insecticide brand Mortein has again raised the ante of its Corporate Social Responsibility by intensifying anti-malaria campaign. Held to commemorate this year’s World Malaria Day (WMD), in Lagos, the Mortein Anti-Malaria Campaign train was at some public hospitals in Lagos to give succour to new mums and babies whose delivery coincided with the World Malaria Day. One of the hospitals was the General Hospital, Ajeromi in Ajeromi-Ifelodun Local Government where Madam Gift Odia and her baby boy were presented with a certificate, cartons of Mortein insecticide and baby gifts. The second hospital was the Primary Health Centre, Ijora in Apapa Local Government where Kafayat Tajudeen and her newly born girl also received a certificate, cartons of Mortein insecticide and baby gifts. The lucky beneficiaries would also receive five years’ free supply of Mortein insecticide for their continued protection against malaria. Explaining the spirit behind the initiative, the Marketing Director, West Africa, Reckitt Benckiser, Oguzhan Silivrili, said malaria has become a global health concern because millions of deaths occurred annually due to malaria while in Africa alone, over 3,000 children have been reported to die daily from malaria. ‘‘As I speak to you, millions of people are suffering from malaria all over the world and 3,000 kids in Africa reportedly die daily from malaria’’, he said. He added that the gesture from the company aligned to its global mission and vision of building healthier lives and happier homes, stressing that “We see malaria as a serious threat to the health of new mothers and their babies.” Silivrili further unfolded plans by Mortein to reach 500,000 new mothers and

children this year through a series of engagements that would create awareness and provide education and counsel that would help them to be free from malaria. The Marketing Director was accompanied to the hospitals by two other executives of the company - the Brand Manager, Mortein, Oladipupo Ogundele and the Marketing and Activation Lead, West Africa, Omotola Bamigbaiye-Elatuyi, while officials of the Lagos State Government were on hand to witness the presentation of certificates and gifts. On his part, Ogundele revealed that the Mortein AntiMalaria Campaign was in line with the Roll Back Malaria (RBM) programme and other initiatives aimed at eradicating the malaria pandemic especially in Africa. ‘‘Mortein cares about the effect this disease has on women and children and is sparing no effort to ensure a significant reduction and eventual elimination of malaria in Nigeria’’, he asserted. He added that Mortein was forging deeper exploration of maternal perceptions and responses to malaria through various initiatives even as he said part of efforts to push against malaria was to educate more consumers about the need for them to take prevention steps against malaria by maintaining clean environment, avoiding stagnant water that breed mosquitoes and sleeping under insecticides treated nets. On the control of vectors that cause malaria, the Roll Back Malaria Manager for Apapa Local Government who is also the Chief Nursing Officer at the Ijora PHC, Finnih Oluwatoyin, said it was a simple and low cost strategy, which residents should embrace. Health experts say vector control is a fundamental element of the existing strategy to fight malaria, and that vector control interventions have a proven track record of successfully reducing or interrupting disease transmission, particularly in areas that are highly prone to malaria. Indoor residual spraying (IRS) and long-lasting insecticidal nets (LLINs) are two globally acknowledged malaria vector control measures while experts have identified Mortein as fulfilling the IRS requirement because of its safety for mothers and young children below age five as they do not have to leave the house when it is sprayed. This informs the

product’s twin-pronged approach of giving out free cans of the insecticide and treated mosquito nets as part of activities during the WMD. To this end, Silivrili reminded new mums that one mosquito bite was enough to cause malaria and Mortein was committed to ‘‘kill mosquitoes dead

hundred per cent’’ which is the key benefit of the product. According to him, ‘‘we wake up every day with the consumer in mind. Our mission is to create healthier lives and happier homes for our consumers and that is why we are taking malaria as a serious threat to the health of the consumers and that is why we are taking it very seriously and partnering with government to fight against it.’’

Ogundele said the eradication of malaria in Nigeria was the ultimate aim for the company so that mothers and their babies can always have good sleep and most importantly live healthier life. These were the soothing words of hope as thousands of mothers are informed that huge progress was being recorded annually in the fight against malaria although there is still a long way to go. BC

L-R: Hajia Jemila Umar receiving Mortein insecticide from Marketing Director, West Africa, Reckitt Benckiser, Oguzhan Silivrili and Marketing and Activation Lead, West Africa, Reckitt Benckiser, Omotola Bamigbaiye-Elatuyi, during the Mortein-sponsored World Malaria Day 2014 held at Tego Barracks open field in Apapa, Lagos recently

MultiChoice hosts DStv customers’ forum, promises more value

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ultiChoice, Nigeria’s leading provider of premium pay-TV entertainment, has made good its promise to continue to dialogue with its customers in order to serve them better. Recently, the company hosted DStv subscribers residing in Ikorodu axis of Lagos State to a forum as those in attendance lauded MultiChoice for the initiative; they also requested that such engagements be sustained. Caroline Oghuma, Public Relations Manager, DStv, while welcoming customers to the forum, stated that the objective of the forum was to thank subscribers for their loyalty and listen to their suggestions, advice and complaints, which provide constructive feedback necessary for MultiChoice’s effective operation. She said MultiChoice is an innovation-driven organisation that continues to add value to its subscribers from time to time.

“This forum is coming close to the 2014 FIFA World Cup Brazil , which starts on June 12. We want to use this opportunity to tell our subscribers that you will not miss any of the games, as all subscribers, from the DStv Access bouquet to Premium will have unrestrained access to all the World Cup matches live. This is in addition to the other premium content that we offer on DStv,” she added. Matthew Okoduwa, Assistant Director, Monitoring and Enforcement, National Broadcasting Commission (NBC), commended MultiChoice for the customer forum initiative, describing it as an important mechanism in customer relations. He said it is the duty of NBC to regulate the broadcast industry in Nigeria and monitor all the channels on direct-to-home (DTH) and terrestrial televisions. He added that customers have the right

to complain over what is served to them but also urged them to give credit where it is due. He further added that subscribers’ feedback help the regulator to effectively monitor the industry as well as enforce regulations. MultiChoice executives at the forum, which include Mrs Chioma Afe, Marketing Manager, DStv; Lanre Oluwole, Operation Manager; Faud Kadiku, Regional Operation Manager, as well as Taiwo Oshikoya, MultiChoice Superdealer/CEO, Corsican Brothers, proffered answers to questions from subscribers. They also promised to give feedback from the forum to the Management of MultiChoice. Highlights of the forum include a presentation on the new DStv Explora, showcasing its features and benefits including unlimited space for high definition recording of up to 220 hours, DStv Catch-Up, and Box Office offering, among others. BC


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Monday, May 26, 2014

National Mirror www.nationalmirroronline.net

Global News

Gulliver

HSBC comes under investor fire on bankers’ pay

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ore than a fifth of HSBC’s shareholders opposed the bank’s pay policy on Friday in the latest show of anger that banks have not reined in bonuses enough in the wake of the financial crisis. About 21 percent of investors who voted opposed HSBC’s vote on its pay policy for the next three years, not enough to block its plans but representing significant opposition. According to John Farmer, a private shareholder, at the bank’s annual meeting on Friday, “Pay has got “wildly out of control.”You are not as a bank delivering an impressive return. Please would you go away and rethink the issue totally.” He rejected the bank’s claim that staff would leave if they were not paid as much as at rivals. “If these people want to walk away, let them, and find someone else who will do the job for them,” he said to applause from other investors. Bankers’ pay is a politically sensitive issue due to public anger over bonuses paid to those seen by some as partly to blame for the 2008-09 financial crisis. HSBC, Europe’s biggest bank, defended its pay and changes to structure that mean more pay is now in shares and deferred for five years, and can be clawed back if problems are spotted at a later date. “We look very carefully outside at what’s being paid. We pay way under what the American banks pay ... we have to be careful not to destroy the business from which you get profits and dividends,” said Simon Robertson, chairman of the bank’s remuneration committee. The bank said 16 percent of shareholders opposed its remuneration package for executives, in a separate vote. That was less than a 41 percent opposition at rival Standard Chartered and 24 percent at Barclays, but was up from 11

percent at last year’s vote and its highest in any year other than 2011, when there was 19 percent opposition. HSBC attempted to take the sting out of pay criticism last week by saying it would cap any bonus paid to its chairman Douglas Flint at 1 million pounds, after criticism from investors about a plan to pay him a bonus of up to 2.25 million pounds. The bank said any payment made to Flint would be a “one-off” to reflect his work on regulatory reforms. “I actually think Douglas (Flint) is underpaid for what he does, and he does an extremely good job,” Robertson said. Flint declined to comment on his own pay, but said after the meeting some investors were concerned about pay levels and others did not like the structure, and said the bank will discuss grievances with them in more detail. “The board understands it absolutely. How can you not understand it,” he said when asked if banks did not understand public anger at pay levels. HSBC’s proposal to pay staff bonuses of up to 200 percent of salaries passed easily, with 98 percent approval. Shareholder assent for this was needed to meet new EU bonus rules. HSBC Chief Executive Stuart Gulliver said earlier that the company had no plans to follow rivals by dramatically reshaping its investment bank. Barclays this month said it will shrink its business as some areas struggle to make profits due to an increase in regulations and a fall in revenues, while Deutsche Bank asked shareholders for billions of euros to grow its investment bank in the United States. HSBC’s Global Banking and Markets (GBM) investment bank arm had increased its revenue in recent years and taken market share from rivals that were shrinking, Gulliver said. “We have a very different FICC (fixed income, currencies and commodities) model. I don’t see any need to exit large chunks of the business. We will continue to invest in the organic growth of GBM,” he said. Gulliver also pledged to increase dividend payouts despite uncertainties over future capital requirements for banks demanded by regulators and said the bank was making good progress on a turnaround plan.

els imported from the United States, China, Taiwan and Malaysia to protect domestic solar manufacturers, according to a government statement seen by Reuters on Friday. The order, almost certain to anger India’s trading partners, sets duties of between 11 and 81 U.S. cents per watt and comes after a investigation which started in 2011. The ruling by a quasi-judicial body has to be published by the Finance Ministry before it takes effect. The decision adds to India’s growing trade disputes just before Narendra Modi takes office as prime minister on Monday. “Imposition of anti-dumping measures would remove the unfair advantages gained by dumping practices,” said India’s Anti-Dumping Authority in its order released on Thursday. Local manufacturers have long complained that U.S., Chinese and Malaysian companies enjoy state subsidies and are selling their products at artificially low prices to capture the Indian market. India also believes that antidumping duties imposed on Chinese solar producers by the European Union and the United States have further driven down the price of Chinese solar products, to the detriment of Indian suppliers. India aims to raise its solar power capacity to 20,000 MW by 2022 from 1,700 MW currently. It imported solar products worth nearly 60 billion rupees ($1.03 billion) last year, according to an industry estimate. Domestic manufacturers got less than 2 percent of that business. “India’s solar manufacturing is now bound to revive and further increase with both local and overseas participation ensuring a robust supply chain,” said H.R. Gupta of the Indian Solar Manufacturers’ Association. Under the new duties, importers will have to bear additional costs of between 5 percent and 110 percent while importing solar cells and panels from the United States, Malaysia and China. The U.S. Trade Representative has filed two cases against India at the World Trade Or-

ndia is set to impose antidumping duties on solar pan-

Keqiang

China says economy faces pressure, policy fine-tuning needed

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hina’s economy still faces “relatively big” downward pressures and timely policy fine-tuning is needed, Premier Li Keqiang was quoted by state radio as saying on Friday. China’s annual economic growth slowed to an 18-month low of 7.4 per cent in the first quarter, raising the risk that China could miss its economic growth target set at 7.5 percent in 2014 for the first time in 15 years. “Currently, the economy is generally stable and we see positive structural changes, but downward pressures are still large and we cannot be complacent,” Li said during a visit to the northern region of Inner Mongolia. “We should use appropriate policy tools and pre-emptive fine-tuning in a timely and appropriate manner to help resolve financing strains for the real economy, especially small firms’ difficulties in financing and high borrowing costs,” he said. Such policy fine-tuning should help maintain “reasonable growth” in money supply and bank credit, he said.

the 95-year-old London gold market daily “fix”, although a source familiar with the fine said it was a one-off and not part of a wider investigation into gold price rigging. It marks another blow to Barclays’ attempts to put past problems behind it. The Financial Conduct Authority said on Friday there were failings at Barclays from 2004 until 2013, but the key event occurred on June 28, 2012, a day after UK and U.S. regulators fined it $450 million over attempted Libor rigging. “A firm’s lack of controls and a trader’s disregard for a customer’s interests have allowed the financial services industry’s reputation to be sullied again,” said Tracey McDermott, the FCA’s director of enforcement and financial crime. The FCA said it had banned former Barclay’s trader Daniel James Plunkett and fined him 95,600 pounds for exploiting weaknesses in the bank’s systems. “Plunkett’s actions came the day after the publication of our Libor and Euribor action against Barclays. The investigation and outcomes in that case meant that the firm, and Plunkett, were clearly on notice of the potential for conflicts of interests around benchmarks,” McDermott said. Plunkett fixed the price in order to avoid the payment of $3.9 million to a customer under an option, which boosted his own trading book by $1.75 million, the FCA said. The bank later compensated the client in full. On the eve of June 28, Plunkett sent an email to commodities colleagues saying that he was hoping for a “mini puke” the following day. The FCA understood this to mean a drop in the price of gold ahead of the fixing. Plunkett was a director on the precious metals desk at Barclays and was responsible for pricing products linked to the price of precious metals and managing Barclays’ risk exposure to those products. The FCA said Plunkett gave the watchdog and Barclays untruthful accounts of his trading activity. BC

Barclays slammed with $44 million fine over gold price fix

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India hits U.S, China with solar imports antidumping duties

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ganisation (WTO), complaining local content rules discriminate against U.S. solar companies. A senior USTR official said the United States would look carefully at the new duties given the importance of the U.S. solar industry.

Modi

arclays Plc has been fined 26 million pounds ($43.8 million) for failures in internal controls that allowed a trader to manipulate the setting of gold prices; just a day after the bank was fined for rigging Libor interest rates in 2012. Britain’s Barclays is the first bank to be fined over attempted manipulation of

McDermott


National Mirror www.nationalmirroronline.net

Monday, May 26, 2014

Business Courage

A9 25

The whiz-kid

entrepreneur Even at 39, he is an accomplished businessman who has made the list of billionaires not only in Nigeria but on the African continent. The Taleveras Group, which he established about ten years ago, is a living testimony of his entrepreneurial prowess. Imbued with determination, courage and creativity, Igho Charles Sanomi II, an outstanding oil trader, trained engineer and philanthropist has taken his group from grass to grace, developing it into a conglomerate with operations spanning oil, telecommunications, maritime, aviation and real estates By Adejuwon Osunnuyi

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gho Charles Sanomi, founder and Chief Executive Officer of the Taleveras Group, an internationally recognised energy and power conglomerate with offices in London, Geneva, Cape Town, Dubai, the Ivory Coast, Abuja and Lagos, is not only an enigma but also an ultra-wealthy young and dynamic Nigerian tycoon who has an offshoot of a respected and resourceful family. Born on 17 May 1975, in Agbor Delta State to late Dickens Ogheneruemu Patrick Sanomi, retired Assistant Inspector General of the Nigerian Police and Mabel Iyabo Sanomi, Yeye Jemo of Isotun Ijesha Kingdom, Osun State, he is the fifth child and first son of the devout Catholic family. While his late father, AIG Sanomi, was the second National VicePresident of Urhobo Progress Union (UPU), and was noted to have contributed to sports development in Nigeria, Sanomi’s mother was a renowned nurse and medical entrepreneur. Shortly after completing his Bachelor’s Degree in Geology and Mining at the University of Jos in Northern Nigeria, Sanomi entered the world of business. He rose quickly to the position of Executive Director with Sarian Oil and Cosmos Oil AG, an international Oil Trading Company with its core activities in West Africa. During his time in this role, he single-handedly developed the company’s trading operations by negotiating the export and delivery of fuel oils from West Africa to the United States Gulf Coast. During this period, he developed trading operations for its fuel oil business by negotiating trade transactions for fuel oil exports from the Port Harcourt Continued on pg A10

Sanomi


Business Courage

Refinery, Nigeria. He also developed a strategic alliance with a major international oil trading group based in Zug, Switzerland. This partnership oversaw the import and export of millions of tons of refined petroleum products to and from the West African coast. In 2004, Sanomi founded the Taleveras Group, of which he is currently the CEO. It is a fully integrated company offering strategic solutions in energy, power and construction services. His decision to become an entrepreneur, according to those very close to him may have been influenced by his

mother, who was a renowned medical entrepreneur. Deciding to pursue his entrepreneurial dreams, he merged all of his business activities into one and founded a company with a vision and drive to become “a leading Global Energy and Service Company,” with offices in London, Geneva, Cape Town, Dubai, Ivory Coast, Abuja and Lagos. Forbes had it that the company “trades over 100 million barrels of crude oil as well as several million tons of gasoline, LPG and jet fuel. Igho Sanomi was profiled by Forbes magazine in 2007 as “one of the new generation of young professionals in

Monday, May 26, 2014

Nigeria who are establishing themselves as young leaders of the private sector business community.” He was described in same magazine early in 2013 as one “Ten Young African Millionaires To Watch In 2013.” In April 2012, Taleveras acquired production sharing contracts (PSCs) for three offshore oil blocks in Ivory Coast. In June 2013, Taleveras sold a 65 per cent stake in one of its Ivorian offshore upstream projects to Lukoil of Russia for an undisclosed price. Taleveras also owns a stake in a power distribution firm in Nigeria.” Taleveras Group was incor-

porated as a parent company in 2004, by merger of various segments of its previous businesses. It is a fully integrated company offering strategic solutions in energy, power and construction services. Taleveras Group’s Energy activities are primarily centered on the physical sourcing and marketing of oil on a worldwide scale as it also pursues upstream activities with a major focus on acquiring Oil assets with viable proven reserves, on a structured basis. Taleveras Group has also developed a name for itself as a first class Engineering and Power Services Provider. This sector of our Business is promoted by The Group and its subsidiaries. Since inception, this segment of Taleveras’ activity portfolio has been vibrant with significant amounts of civil engineering, power distribution and transmission projects to showcase our relevant extensive experience. Through time, Taleveras Group built a strong enterprise on the creation of strategic teams for the purpose of developing business and efficiently executing construction and power projects alongside our oil trading activities. We are committed to working as a team with our partners to get the job done as quickly, inexpensively and efficiently as possible. We are a multidisciplinary, experienced and highly motivated group of individuals. As the driving force behind the Taleveras Group, Sanomi has been instrumental in the expansion and diversification of the company’s operations. Annually, the Taleveras Group trades hundreds of

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millions of crude oil barrels and millions of tons of fuel oil, jet fuel, gasoline, condensates and liquefied petroleum gas. The company’s oil exploration and recovery activities include the acquisition of production sharing contracts (PSCs) for three offshore oil blocks in Ivory Coast and rights to a further two oil blocks in Nigeria. In the power sector, Taleveras Group is working in partnership with Nigeria’s Federal Capital Development Authority on the construction of several electrical substations. Additional substations are also under construction in the Niger Delta region as part of the National Integrated Power Project. In 2010 the Taleveras Group coordinated a number of well known power industry suppliers to construct an 185MW power station and distribution substation. The second phase of this project, involving the delivery of a further 200MW capacity is currently in progress. Most recently, the Taleveras Group led a consortium that acquired a majority stake in the Port Harcourt Electricity Distribution company via a process of competitive tender. The company is responsible for the distribution of more than 2,000MW of power in River State, Nigeria. In his role as CEO, Sanomi ensures that the Taleveras Group is always focused on activities that deliver social and economic benefits to the regions where they take place. In June 2013, Taleveras sold a 65 per cent stake in one of its Ivorian offshore upstream projects to Lukoil of Russia for an undisclosed

Consistent profitability, improved operating cost in all sectors of activities and proper risk management has continued to enhance its financial strength and stability as current combined Bank Lines of credit are in excess of $ 1 Billion Dollars

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price. Presently, the Group consolidated global turnover is in excess of several billion dollars and anticipated to increase in coming years. To achieve this, Sanomi noted that Taleveras intends to sustain this growth pace by expanding our activities into new regions. Consistent profitability, improved operating cost in all sectors of activities and proper risk management has continued to enhance its financial strength and stability as current combined Bank Lines of credit are in excess of $ 1 Billion Dollars. According to Oghens Sanomi ,Televeras Chief Financial Officer, “A Simple and prudent financial model has worked for us, not to mention the tremendous level of support we receive from our banks, our banks have shown faith in us and how we manage our various portfolios.” Taleveras Group Energy Activities encompasses the entire spectrum of Crude oil and Refined Petroleum Products. Prior to 2004, current subsidiaries and newly associated companies of Taleveras Group, supplied in total, 290,000 Metric Tons of Physical Fuel Oil between the years 1998-2002, and 400,000 Metric Tons of Refined Products during 2002-2004. These figures continue to rise in recent years, seeing our total Physical Trades Increase to 12 million barrels of physical crude oil and two million tons of physical clean and dirty products from December 2007 through October 2008. At present, energy trading activities are led by Taleveras Petroleum Trading BV, a wholly-owned subsidiary based in London. Taleveras Group is active in the following range of activities: Crude Oil and Condensate Trading, Refined Oil Product Trading, Petrochemical Trading, Natural & Petroleum Gas Supply and Trading, Crude & Product Logistics and Storage, Shipping and Transportation. Taleveras Group’s upstream development and participation was further boosted with an award of two oil blocks in the 2005 oil bidding round held in the country. However, production sharing contracts have not yet been executed on these two fields. Taleveras Group is committed in integrating fully into upstream activities and has defined strategic initiatives to promote this Interest in coming years as it is also committed to developing new energies such Bio Fuels and other renewable as well as electricity

Business Courage

Monday, May 26, 2014

and emissions trading. While Sanomi believes “the guiding principles for this growth, are principles of respect, integrity, humility, professionalism, transparency and a desire to positively impact on our various counterparts,” current physical turnover of Taleveras Group energy activities is in excess of several billion dollars. Within the group, the energy trading activities are led by Taleveras Petroleum Trading BV, a wholly-owned subsidiary of Taleveras Group. Operating out of London, the company trades crude and fuel oil, condensates and liquefied petroleum gas (LPG) as well as refined petroleum products such as Gasoline, Dual Purpose Kerosene, Gasoil, Naphtha, Jet Fuel. Its inherent trading strategy is based upon the firm’s commitment to the continued growth and strength of its physical positions in the crude oil and petroleum product markets, with a long-term focus on enhancing itsmarket share to become the leading local partner in West African energy trading. At Televeras, diversification of its trading portfolio is vital to balance its product mix and maximize itsefficiency and profitability. “We invest in strategic assets that complement our existing trading business, and seek to grow our global footprint by expanding our operations into new, robust regions of the world, positioning the firm to take advantage of attractive conditions in the international energy marketplace.” Sanomi had noted. The energy subsidiaries of the group include Taleveras Petroleum Trading BV, Taleveras Energy Resources BV, Gembrook Energy Limited, Tadema Shipping & Logistics Limited and Sarian Oil Services Limited. Taleveras Group draws on a wide and diverse range of expertise from its pool of experienced Engineers, Technical Partners and Consultants when meeting the needs of Power Generation, Transmission and Distribution. Part of Taleveras Group energy projects include 3 Number, 4 X 15MVA 33/11KV Injection Substations located in Federal Capital Territory of Nigeria. 4 Number, 1 x 15MVA 33/11KV injection Substation located in Swali, Opollo, Ovum and Gbarian Ubie in Bayelsa State in Niger Delta Region of Nigeria. 2 Number 1 x 7.5MVA 33/11KV Injection Substation Located in Abonema and Degema in

Sanomi

Taleveras Group is active in the following range of activities: Crude Oil and Condensate Trading, Refined Oil Product Trading, Petrochemical Trading, Natural & Petroleum Gas Supply and Trading, Crude & Product Logistics and Storage, Shipping and Transportation

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Rivers State in Niger Delta Region Nigeria. The construction arm of the group was born in July 1998, with the incorporation of Dickens & Mabel International Ltd, a multi-disciplined engineering and construction firm. In 2004, it was merged into the Taleveras Group, as a Special Project Unit, still maintaining its brand name. Through this arm it has constantly recorded achievements stemming partly from the desire to improve the most basic of needs which impacts on the immediate society such as the construction of roads and bridges, provision of quality buildings, upgrading of hostels, reconstruction of educational facilities in colleges and universities, development of

housing estates and provision of town/city residential infrastructure. Taleveras Group is also engaged in the telecommunications sector through our partnership with Phase 3 Telecoms, to enable the development of the telecommunication networks of West Africa. Its construction experience enables it to invest both its expertise and finances in the crucial growth of this sector. This allows Taleveras Group to contribute to the constructive development and improvement of the West African GSM telecommunication networks. Known for his philanthropic prowess, Sanomi founded the Dickens Sanomi Foundation in memory of his late

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father. In addition to the Taleveras Group, the Dickens Sanomi Foundation is one of the key mediums through which Sanomi supports his chosen charities, which are selected on the basis of their impact and effectiveness. The Dickens Sanomi Foundation also places a high priority on the development of the Nigerian child and organises a number of competitions designed to encourage artistic accomplishment: Dickens Sanomi Annual Essay Competition for Junior and senior schools in Nigeria and Strauss Musical Competition which promotes musical development in children. Most recently, the Dickens Sanomi Foundation has provided vital relief to areas of Nigeria affected by natural disasters. In 2012 the foundation evacuated about 12,300 flood victims from the Bayelsa and Delta states. Food, blankets, medical care and funds were all provided to the flood victims, who were housed in special relief camps following their rescue. Just like his late father, Sanomi is also a sports lover as he is noted to be Polo enthusiast. His company, Taleveras participated in and sponsored the 2010 and 2011 Kaduna International Polo Tourneys respectively. Over the years, Sanomi has been a man of honour as he has received various accolades both in Nigeria and abroad. On November 30, 2012, Nigeria’s Ministry of Tourism, Culture and National Orientation conferred the Award of Patron of the Nigeria National Heritage on him. In 2007, the Federal Capital Territory Business Excellence Awards gave him Male Entrepreneur of the Year award. In the following year, he was awarded Young Entrepreneur of the Year by Mode Men magazine. The same publication gave him Humanitarian of the Year Award in 2012. He was appointed as the Chairman of the National Heritage Council and Endowment for the Arts, which was inaugurated by the Federal Government on Monday July 1, 2013. The council is mandated “to ensure the protection and conservation of the “just identified 100 heritage sites which are unique and uncommon assets that Nigeria intends to preserve and promote,” among others. The council has Folorunsho Alakija, the richest African woman, as the vice-chairman and other prominent Nigerians as members. BC


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Business Courage

Monday, May 26, 2014

National Mirror www.nationalmirroronline.net

ThebuddingEntrepreneurs

The food

business

advocate

It was an idea conceived out of a burning desire while she was about graduating from the university that she would never be a job seeker but an employer of labour. True to her dream, shortly after graduating, in 2004, she launched her first company Honeysuckles PTL Ventures with the primary aim of selling processed food produce. Today, ten years after, Honeysuckles PTL Ventures, owned by Cynthia Mosunmola Umoru, a Zoology graduate, has gradually walked its way into the big league of nationally and internationally acclaimed food production companies. She now devotes her time By Emmanuel Ogbonnaya

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ut for the political unrests and crises in the Northern part of the country, Cynthia Mosunmola Umoru, founder and Chief Implementation Officer of Honeysuckles PTL Ventures, a company engaged mostly in food production, processing and distribution, would have been a medical doctor. However, while her dream of becoming a medical doctor was aborted, she nevertheless realised it in another line of dream she eventually pursue making her become an outstanding entrepreneur in the agricultural sector. Also the Founder/CEO of Farmshoppe, a retail industry launched in January 2011, Cynthia has earned herself many accolades among which she was appointed a Youth Consultant to the African Union Commission. Aside winning Business Owner of the Year prize at the 2009 edition of The Future Awards Africa, she was announced an Ashoka Fellow in November 2011. For Cynthia, a multi-talented young woman and social entrepreneur, the early signs of her entrepreneurial prowess started showing when in her secondary school days she got herself involved in making hair clips and ribbons for sales to her school mates. While she was in her fourth year, she be-

came president of the Young Farmers’ Club. Then, though she had developed recreational interest in agriculture, she had desired to study medicine. To show her exceptional brilliance, in a nationwide test meant for getting admission into medical schools, Cynthia came third and was subsequently admitted to study medicine at the Bayero University Kano; however, she had to permanently abandon her studies at the university almost immediately to relocate back to Lagos following political unrests and crises in the North. While she returned to Lagos, she alternatively settled for Zoology at Lagos State University as she gave her interest in agriculture more attention. She took courses in fisheries, and multilevel marketing. But again, just like in secondary school where she had displayed her remarkable potential in combining studies and entrepreneurship, she established a successful cake and cookie business. While at the University, Cynthia also participated in an internship at ExxonMobil, one of the global leading multinational oil companies with operations in Nigeria. She demonstrated an outstanding capacity for extra work as she was allowed to participate in an outside vendor evaluation, which taught her a great deal about quality, methods, and assessment. Narrating her experience

Umoru

with Business Courage, she noted that during that period, she realised that she needed more excitement in her life than the regular 8am-5pm job. “I needed satisfaction and that gave me a reason to start digging into what I could do differently. Fortunately, for me, my background in Zoology, gave me the opportunity to take elective courses in Fisheries while in school. Hence I decided to give farming an attempt.” She said. While in her final year of study, Cynthia made up her mind never to comb the labour market in search of job like

most of her contemporaries but rather become an employer of labour. The dream became a reality as she established her first company, known as Honeysuckles PTL Ventures with the primary aim of selling processed food produce. Soon after launching Honeysuckles, Cynthia got the opportunity to supply dressed chicken and catfish to one of the fastest growing food retail chains in the country. However, scarcity and inconsistent quality led Cynthia to begin researching production with the intention of a backward integra-

tion in preparation for adequate positioning on the food supply chain. She launched a farm to meet this need. “I could recall that I was reported by my father to the general manager of the Raw Sourcing Department of Tantalizers that I refused to take on a paid employment. Through my discussions with her, I discovered that Tantalizers had problems with sourcing for farm produce. I saw it as a good opportunity for me to fill in the gap, I latched onto it, and I started sourcing snails, and later chicken for them.” She noted. That decision to source for snails saw her travelling to different parts of the country and anywhere she went, she was told there were snails in abundance. However, disappointedly, she discovered that snails were seasonal, and hence were sometimes scarce to come by. But while she became very curious on how to be getting the snails in and out of season, she decided to try her hands on breeding them, as that singular act led her into snail farming. However, today, aside snail farming, Honeysuckles PTL Ventures has evolved into poultry farming and chicken processing. While every prospective entrepreneur knows that sourcing start-up capital poses a lot of difficulty, for Cynthia the story was not different as she recalled that she set up Honeysuckles with just N80,000 from her savings in 2004 which she earned from the sale of GNLD products and the cakes she baked to sell. “I plunged it all into sourcing for chickens. Interestingly,

Management Principles By Adejuwon Osunnuyi

10 Tips for effective project management

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hen it comes to project management, there are many challenges to keep each project on track and within budget. There are several factors to consider, as well as internal and external elements that may cause a project to derail. However, by taking a few precautions and having an excellent plan in place, you can lead your project to success. Here are 10 project management tips and tricks to help ensure your project will move along smoothly: Tip 1: Nail Down Project Details: Before you ever start the project, make sure that it is based on a solid foundation and that you have the buy-in from all key stakeholders. Understand their interests and expectations and be aware of how they will determine whether or not the project is successful. You will also need to ensure that the project scope is distinctly identified, including the roles and responsibilities of the various project team members. Develop the project plan and verify that the goals of the key elements are clearly defined and closely aligned. You should also establish measurable and track-able success criteria, including accomplishing tasks on schedule, achieving budget targets, confirming product functionality is satisfactory to the customer, and ensuring government and/or industry regulations are met. Take care of all the details to lay the groundwork for your project’s success. Tip 2: Identify Project and Team Requirements: Once you have a strong plan in place, you can start implementing it by assembling an effective project team. As noted in an article released by ITToolkit.com, “The project team is a working unit of individual parts, sharing a common goal, achieved through the structured application of combined skills.” The article also states that, “The first step to team success begins with initial organization: to assemble and organise available resources capable of working together as a whole through the integration of individual skills, talents and personalities.” As a project manager, you’ll need to align those skills, talents and personalities with the appropriate project needs. Make sure that each individual working on the project is clear about their task and what they are providing upon completion.


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Business Courage

Monday, May 26, 2014

A13 29

ThebuddingEntrepreneurs in the early part of 2005, a friend read my business plan and he was impressed with what I had put together. He gave me N300,000. That really helped, because I could not get a bank loan at the time. I also got a loan from an uncle who was very supportive. Hence, I was able to meet the demand for my prodUmoru at the farm ucts. But as the demand grew, I had to get more money. I borrowed money hundreds of high school and unifrom friends and family members. versity students each week, trying This sustained me for a while. to open the eyes of many of the Later in 2006, I had to get a bank brightest and most entrepreneurial loan,” she said. minds from the urban and semiAs she recollected, “It took me urban areas to the options that exabout five years to gain relevance. ist beyond the few fields that they As a young entrepreneur, in my currently understand to be the very early days, I lost a lot of the only roads to financial success. seed capital I got from financial She does this by exposing them mentors to poor and bad business to the modern agribusiness she decisions I made because there started in college and from which was no one to talk to.” she has found great success. But this lack of mentorship, Cynthia also gets them started combined with the poor perception on the path to their own successof agriculture, is what Cynthia is ful agribusinesses. And for those today turning around. “Farming, whose interests have already been before now in Nigeria, was termed peaked, Cynthia provides the qualthe business of low-lives and with ity training missing in the general the barrier to entry being so high sector, to really help modernize for young people to actively partici- their venture. pate,” as she said she is determined Intrigued by her success story, to “impress on my generation that dozens of the most entrepreneurfarming can be glamorous and cool ial students sign up to revive their enough for us to trade places with schools’ Young Farmers’ Club. the business executive in the large While she sets up the farmers’ conglomerate and also the bank’s clubs to participate in mini-livemiddle management cadre, which stock farming and vegetable garis the initial attraction for most dening, Cynthia takes students to young graduates in Nigeria.” her farm and combines them with Today, Cynthia visits schools in a broader group of aspiring young and around Lagos, speaking before agribusiness entrepreneurs, who Tip 3: Be the Project Leader: A key role in project management is the project leader. In this position, you will need to cultivate good and positive team dynamics and act as a coach and/or mentor to all team members. You will also be the leader when it comes to getting input from the project team and major stakeholders, as well as getting their buy-in. As a project leader, you are essentially the captain of the ship. That means you will need to ascertain the rough waters that may be ahead. In addition, you will need to inspire your team to follow you through the turbulent times, as well as the calm times. If you don’t have effective leadership skills, you may not be able to prevail over the challenges facing your project. Take the helm and lead your team to success. Tip 4: Define Critical Project Milestones: Identify defining moments throughout the project. You can provide a life cycle of the project by including the four main phases: initiation, planning, execution and closure. Perform a real evaluation at the end of each phase. Make sure to examine every deliverable. From parts of the product to the technical documents to the project plan, you will need all of the elements involved to ensure the product is meeting the project specifications. The product needs to be aligned with the quality your customers are expecting. These milestones will not only help you to eliminate project risk and monitor project change, but will also alert you to any continuing problems and ensure that each piece is correctly completed. Tip 5: Keep the Communication Lines Open: One of the most critical steps in the project management process is to ensure that the communication lines are open. As the project manager, you will need to be the operator of this communications system. Keep a communications plan and stick with it. Throughout the entire project, communication should be consistent, open, honest and clear. Make sure you keep in touch with all key stakeholders and team members during the project process. Ensure that everyone has the information necessary to make decisions and proceed with the project. You can also keep everyone on the same page by creating status reports based upon the project information and updates. BC To be continued next week

have approached her for advice on different aspects of their budding agribusiness. Together, both groups witness a real-life example of a modern agribusiness. Cynthia has been able to get the ear of several key figures due to a book she wrote on minilivestock farming that received national acclaim. This publicity helps her make things happen for the young people that participate in her program, but she realizes that what is necessary is a much broader system to first attract and then support young agribusiness entrepreneurs. She however reveals that a lot of youths are actually disillusioned as to what it takes to succeed in businesses which essentially are passion, good planning and patience. Some of her concrete demands include encouraging universities and the government to provide training programs that will assist young people newly seeking to establish farming businesses, and banks to make credit more available to scale these ventures. To date, Cynthia has worked with the Ministry of Agriculture in Lagos State as they established a training program to teach business to young farmers, using one of her farms for research and training. While Cynthia moves forward in getting other parties to play their part in building a new crop of agricultural business entrepreneurs, she has decided to formalize the training she has provided to date, into the formal venture, Abira Agribusiness support project. She is presently collaborating with the Federal Ministry of Youth Development to incorporate her project ABIRA into the Ministry agenda as a transformation platform for job creation. She has also set up a program for women aged 16 to 35 to be trained through various enterprise education institutions, one of which includes the Enterprise Development Centre, a Faculty of the Pan African University (popularly known as the Lagos Business School). Services will include Agricultural Entrepreneurship Development, Accounting and Financial Management, Financial Brokering, Technical Training, Strategy Development, and Product Development. More broadly, it will serve as a concrete model and reference point of the kind of program needed to propel agriculture in Nigeria and many other parts of Africa into the 21st century. As part of Abira, Cynthia will also launch a medium to large size agribusiness to be managed by young farmers that will provide a reliable source of produce to a national chain of fruit and vegetable shops. She has secured interest from two banks that will provide loans to the successful graduates of her training program who will go on to manage this business. BC

Personal Finance By Adejuwon Osunnuyi

Calculating your net worth

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ost people or businesses today do not have an idea of what a net worth is or even why it is a vital tool for managing their personal or company’s financial plan. For some others it is information required by foreign embassies when applying for visas and has no other role to play in helping them manage and attain a healthy personal financial status. According to Investopedia’s definition, “it is the amount by which assets exceed liabilities. Net worth is a concept applicable to individuals and businesses as a key measure of how much an entity is worth. A consistent increase in net worth indicates good financial health.” Your net worth can be a useful tool to measure your financial progress from year to year. Your net worth is essentially a grand total of all your assets minus your liabilities. There is no magic net worth number, but you should use your net worth to track your progress from year to year, and hopefully see it improve. Calculating your net worth can be easy. It only requires some basic financial information regarding the things you own and the debt that you owe. People with a substantial net worth are known as high net worth individuals, and form the prime market for wealth managers and investment counsellors. Investors with a net worth (excluding their primary residence) of at least $1 million either alone or together with their spouse are considered as “accredited investors” by the Securities and Exchange Commission, for the purpose of investing in unregistered securities offerings. It is also possible to have a negative net worth, which arises whenever liabilities exceed assets for either a business or an individual. A high net worth relates to good financial strength and ultimately good credit rating of an individual or a company. Similarly a low or negative net worth will relate to a weaker financial strength and a lower credit rating, thus directly affecting the individual’s or the company’s ability to raise funds from the market. Here’s How to calculate net worth: first of all note that you have to be conservative with estimates, especially with home and vehicle values. Inflating the value of large assets may look good on paper, but may not paint an accurate picture of your net worth. 1. Start by listing your largest assets. For most people, this would include their home and possibly vehicles. Make sure you use accurate estimates in your local currency. Next, you’ll want to gather your latest statements for your more liquid assets. This includes checking and savings accounts, cash, or other investments such as retirement accounts. Finally, consider listing personal items that may be of value. This could include jewellery, antique collections, musical instruments, etc. You don’t need to itemize everything, but list items that are worth at least N50, 000 or more. Now, take all of the assets you have listed in the first three steps and add them together. This number represents your total assets. It is time to look at liabilities. Again, start with the major outstanding liabilities such as the balance on your mortgage or car loans, salary advance and list those. Next, list all of your personal liabilities or any other debt you may owe. Add up all of your liabilities to come up with a total. Finally, subtract the total liabilities from the total assets and you will have your net worth. It doesn’t matter how big, how small, or even if it is negative. This is just a starting point to have something to compare against in the future. Repeat this process once a year and compare it with the previous year’s number. You can then determine if you are making progress or getting further behind. BC


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Business Courage

Monday, May 26, 2014

National Mirror www.nationalmirroronline.net

ThebuddingEntrepreneurs

Your convertible assets L

ate 1990s, I needed fund for my university academic pursuit and could not get it anywhere. Hence, I began to invest in learning by going to public library to read while I also studied at home. I was investing an average of six hours daily to research, reading and studying in diverse areas. With the little knowledge I had acquired, I decided to work with a small company in the city of Ijebu Ode, South West Nigeria as a volunteer because I didn’t have certificate which would had enable me to negotiate salary. However, within four months of my active presence in the company, I introduced some strategic decisions into the system and the consequence was increase in company revenue. This influenced the decision of the managing director to retain me. He offered me appointment with salary and opportunity to attend school. One year down the line, the company recorded about 150 per cent revenue increase and added quality corporate clients. Dear friend, the most reliable capital is intangible. For entrepreneur, your most important capital is within you and your workers. I mean the potential and perspective your team brings into the venture. Maybe I should say that real capital is portable; it is knowledge. So when you hear that ideas rule the world, it simply means those who have the intangible assets will always rule the world. The consequence is that if you don’t invest in knowledge, you stand to lose your physical assets with time. Let me share with you a recognisable pattern that also drives the banking system all over the world. It is called “Matthew Syndrome.” “For to everyone who has, more will be given, he will have abundance; but from him who does not have, even what he has will be taken away.” The reality is that those who deposit money into the bank have a lot of influence on what those who borrow pay back as interest. The money depositor must always take from what borrowers earn. This comes in form of interest paid to banks on borrowed funds with which banks pay interest to the depositor. When borrower can’t pay back, his asset is taken and auctioned in order to meet the demand and expectation of the depositor. This same syndrome is applicable to an enterprise. If an entrepreneur doesn’t have knowledge and updated knowl-

BUSINESS KLINIC

With Mamora Victor Mamora is a system thinker and advisor whose belief and activator leadership strengths are directed towards improving workers perspective for city and enterprise development.

e-mail: olusegunmamora@gmail.com edge, he or she stands to lose even what he or she has, both money and physical asset to a competitor who does. When I read the recently 2013 published results of most banks in Nigeria, it simply reflects the same recognisable pattern. The oldest bank don’t

always have the best performance. As a matter of fact, late entrants into the business have better results and sometimes double the performances of the older ones. Business performance is not so much about the time of entry, although an advantage; it

is so much about the quality of workers perspective and knowledge processes. If the perspective of workers is improper, although a top brand, it will drop down depending on the present thinking of her workers. When the first becomes last and last becomes first, it is because of the shift in competitive tool. Usually, it is the knowledge that shifts. Knowledge is a competitive tool. When an organisation becomes less competitive, this can be grossly attributed to a fundamental shift in knowledge. Really, if an entrepreneur and her team don’t have intangible asset to bring along to market, they risk losing all the tangible assets and investments in the business. My emphasis is for you and

your team to place premium value on intangible assets, especially knowledge, thereby building your organisation into a learning system. Briefly, I will like to mention some other intangible assets that when converted, they help in achieving worthwhile goals in any venture. Relationships: The experienced I shared earlier was founded on good relationship. It was a friend who referred me to the Managing Director of the company I worked with. That my friend had persuaded the MD about my character and reasons to give me a chance in his corporation despite my lack of relevant qualification. What value do you place on your relationships with team members, customer, suppliers and partners? No doubt, I have made mistakes with relationship that cost me something. I have learned from them and am now determined to put serious value on relationship. It is an asset that can be converted. Communication skill: Entrepreneur will always pitch to commit investors’ interest and acquire marketing opportunities. Conversation with your team should be kept simple, and targeted at motivating them to act in a profitable direction. To be able to communicate and mobilise people towards a business direction, it influences performance greatly.

Inspiring Business Nuggets Signs you are addicted to constant failure (3) 7. You spend time with people who are going nowhere Jim Rohn, who was considered America’s Foremost Business Philosopher, once said that you become the average of the five people you spend the most time with. Unfortunately, you spend most of your time with people who do not support or encourage your success. The people around you have no ambitions, no goals, and no concrete plans to improve their life. They seem to think that success is something that happens to other people, but not to them. You sometimes share an ambitious idea with these people, but they are quick to crush it. Successful people know that the attitudes of the people around them are contagious, so they intentionally surround themselves with people who will encourage them and push them to higher levels. They know that they can’t afford to adopt the beliefs, thoughts, and habits of

mediocre people if they are going to continue succeeding. 8. You’re careless with money You often run out of money before you run out of month. You’re living paycheck to paycheck and you invest nothing for the future. You carry a balance on your credit cards, you take vacations you can’t afford, and you often buy expensive things impulsively. You spend money trying to look successful, but your balance sheet tells a different story. You hardly have any savings. You certainly don’t have a retirement plan. You don’t have any assets that make money for you, and your spending habits are your biggest liability. You sometimes come close to acknowledging the truth about your situation, but instead of facing it and changing it, you let it continue. Thinking about your finances gives you a headache, and you prefer to avoid the subject entirely. BC To be continued next week

Patience: This is also known as staying power. If an entrepreneur and team don’t recognise the value of staying power when the business is going through circles of development, discouragement may set in. This, if unchecked, may lead to many abandoned projects and ventures. Time: As earlier illustrated, time is a convertible asset. I remember my days in library where I spent six hours every day on the knowledge of different authors and eventually was able to apply the knowledge on the job I got. What I did was to convert my time. Time is an asset that can be converted. I will encourage you to shift your focus to many intangible opportunities that can positively improve your personal development and business performance. What you focus on influences your habit and affects performance. I believe your business performance will go up. Cheer up and be courageous! BC


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Business Courage

Monday, May 26, 2014

A15 31

Deepening advocacy for local contents patronage Poor patronage of hardware produced in Nigeria remains a major challenge bedeviling the business of indigenous Information technology players. However, the Information Technology Association of Nigeria seems to be pushing for a change of the trend

By Kunle Azeez

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he indigenous hardware sector of the Nigeria’s Information and Communication Technology industry has been one aspect of the industry that has not been performing well as a result of being bereft of the needed patronage by the government as well as the private sector players. The challenge of poor patronage has thus resulted in stunted growth of local IT companies that specialise in the manufacturing of IT hardware such as computers and other IT devices, even as foreign products are often preferred. Though, the development has been attributed to the lack of appropriate policy formulation, Business Courage learnt that a lot of policies and directives had previously been put in place by the government. However, what has been found to be lacking is the will on the part of the government to enforce such policies and to proactively engage the key stakeholders in the industry with a view to repositioning the sector. Curiously, in order to ad-

Seriki

dress some of the teething problems facing the indigenous players, recently, the

Information Technology Association of Nigeria (ITAN) hosted the new Director-Gen-

eral of the National Information Technology Development Agency (NITDA), Peter Jack at a forum, which also witnessed foreign investors from other countries around the world in attendance. With key stakeholders in the local IT industry who were also in attendance at the forum, the crux of discussion focused on how ITAN could collaborate NITDA with a view to evolving a much better collaborations where local IT firms are accorded recognition in government IT procurements both at all levels of government and by the private sector players. With the theme: ‘Empowering ICT Entrepreneurs,’ while setting the tone for discussion at the forum, ITAN President, Florence Seriki, noted that there was a need to empower indigenous IT companies by patronising their products, as she noted that the problem of poor patronage has put the sector in an amber state. According to her, ITAN, which represents the umbrel-

la body of most indigenous IT companies in the country, is determined to work closely with the new NITDA DG towards driving local content development in the Nigeria’s IT space. Seriki, while congratulating the new DG on his appointment, said one particular area ITAN expected the new NITDA board to focus on should be how indigenous IT players can be more involved in major IT projects by the government. She said: “In our previous ITAN meetings, we have stressed the need for a strong advocacy committee to drive advocacy at government level and this has come to pass. There is now a new committee on local content, competition and industrial that would serve as an interface between ITAN and NITDA through which we can tell the government our expectations in the area of IT projects execution.” The ITAN boss who is also the CEO of Omatek Ventures Continued on pg A16


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Business Courage

Plc stated that the relevance of the ICT to the Nigeria economy and ICT being a major drive to the economy must be emphasised, stressing that local content, local patronage to be enforced and implemented. She also said that another way by which ITAN is driving collaboration with government is the success recorded with ITAN representation on the board of NITDA. “There is need for ensuring that ICT jobs are given to ITAN members and politicians who get these jobs can do so via our members and we are rest assured that our new DG would give us necessary support in this regard. The policy of government is that it will encourage local contents and we want to see our members provide ICT products in the country,” she said. Directing her address to the foreign investors, who attended the event, Seriki explained that Nigeria presented huge investment opportunity for them, urging them to interact with local IT businesses to see how they can collaborate and strike various deals. She also informed the investors that aside collaborating with local partners, efforts should also be made to seek funding opportunities, especially from outside Nigeria. “Funding is one of the critical issues in our business, so while we are partnering with you (the investors), we are also looking for funding.” Reacting, Jack explained that NITDA would work with necessary stakeholders to have an all-inclusive collaboration. “We would ensure we build on existing good policies we met o ground but beyond that, we would employ a multi-stakeholder approach to dealing with all industry issues so as to ensure that we drive the growth of indigenous IT sector.” Similarly, the DirectorGeneral, National Office for Technology Acquisition and Promotion, NOTAP, Umar Bindir, who was also at the forum, lamented the increasing capital flight being recorded through various procurements, as a result of foreign IT products patronage. He said: “Every blessed day, I sign a lot of technology agreements by Nigerian companies which result in a lot of capital flight that should have remained in Nigeria to promote the development of local industry.” Urging the indigenous layers to trigger their entrepreneurial souls in order to be able to tap into the he potential in the sector, he also used the

Monday, May 26, 2014

Technotalk

National Mirror www.nationalmirroronline.net

with Esther Ozue (ozueesther@nationalmirroronline.net) 08059234648 (sms only)

Aligning social media into sales

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ocial media is one communication channel that is just as important to your business as public relations, advertising, email marketing, direct mail as it raises awareness of your brand, bringing leads to the table and interacting with customers by putting many people into your existing marketing communications channels as possible. Aligning social media into sales will affect sales volume and revenue. Below are five categories in the social media sales funnel:

Jack

opportunity to list the areas of focus for his leadership at NITDA, which included bridging the gap among all the agencies through various IT policies implementation; promote NITDA as a national transformer of the economy; create jobs and starting partnership with stakeholders to boost the industry from within. In the spirit development, NITDA, he said, has started an effort where “we are going to have a Public Private Partnership with local players in the industry by engaging the software developers.” Speaking further on activities of NITDA, the DG said the agency was also building innovation hub and ICT hubs to ensure that local innovations in the ICT industry in Nigeria are developed, even as he appealed to the foreign investors to at the meeting to establish their local manufacturing plants in Nigeria. “This is part of the local content drive that we are building at the agency,” he said. On job creation, the NITDA boss said the agency would create 600, 000 jobs through ICT in the next few years, even as he disclosed that the agency was building 200 telecentres at different locations in the The Group Chief Executive Officer, Teledom International, Dr. Emmanuel Ekuwem, who noted that Nigeria depends on ICT to develop, however, maintained that “Current business environment is discouraging because if you produce your IT products locally with all the challenges and there is no market, there is no incentive to continue such business.” According to Ekuwem, who stated that local content policy was not being enforced by the government, “Most directives and policies in this

industry are not being properly enforced. So, we need enforcement of those beautiful policies, especially one setting percentage of local content that should be attained by players in each sector in the area of local IT content patronage.” Chief Executive Officer, Chams Plc, Sir Demola Aladekomo, stressed the need for Nigerian businesses to build institutions, stressing that, aside this, there was a need to institutionalise lobby and be persistent about it. “All over the world, lobby has been institutionalised as a tool for keeping an industry very virile. In Nigeria, there is a need to do the same thing by ensuring that we seek advocacy as a business tool rather attaching negative connotation to it. “There is also a need for IT businesses to begin to follow processes in terms of following international standards with their accounting procedure, proper registration with the Corporate Affairs Commission, ensure payment of taxes and follow due diligence. It is when you have a clean document that you can attract the right investment Chief Executive Officer, Beta Computers, Will Anyaegbunam, lamented noncompliance with government directives on the need for private companies to be patronising IT products and services offered by indigenous players. “The major challenge is that most of the directives that have been given by the government for the ministries, parastatals and agencies, MDAs as well as other private firms operating in Nigeria to be using locally-produced IT products. What is lacking is monitoring and compliance,” he said. BC

Exposure Exposure focuses on brand reach. Social media provides an opportunity to significantly increase the number of people who are exposed to your brand at a fraction of the cost of public relations, TV, radio, and online advertising. The idea is that the more people who see your brand, the more they are likely to remember your brand and the better the opportunities your company has to create sales. people have the potential to see a message about your brand as in public relations and online advertising which is measured in impressions which doesn’t equate to the number of people on the other end of the computer screen who actually notice your advert but in social media, fans, followers, and subscribers all have the potential to see your updates. Influence Influence describes those people who were exposed to your brand by an influencer in your industry. This is different from exposure because those who are exposed to your brand by an influencer convert more like those who found out about your company through a referral from a friend. Influencers have loyal followers, fans, and readers who trust their opinions. Therefore, when they mention your brand, their words carry more credibility and influence than when you mention your brand yourself and they are more likely to buy than someone who might have seen one of your status updates. Companies are starting to recognize the power of influence as it has created a need to measure how influential people are and paying more attention to them. Engagement You can quantify those who are engaging with your brand in the social channels as anyone who took a physical action. Social media’s big differentiator from traditional marketing channels is its ability to facilitate two-way interactions as people can easily interact with the brand and people are more likely to buy if they have taken the time to engage with it. The reality now is that companies that embrace social engagement are experiencing up to four times greater business impact than less socially engaged rivals. Action Action is dedicated to those who go on to purchase your products or services regardless of the goals, after getting people to engage with you, sales will result. However, it is important to understand how lead generation in social media works and how it differs from other traditional advertising channels. Social media leads tend to be earlier in the buying cycle; however, the benefit is that because you have engaged them, you are more likely to beat your competition to the prospect. You need to always follow up with appropriate content to push them through the sales cycle, once your product or service fills the need they have, they will be more likely to buy from you than from a competitor they haven’t developed a relationship with. Customer Retention Customer retention is important in determining the overall profitability of your business. Important considerations should be how long social media customers stay, and how much new business is referred from social media customers. Once prospects have become customers, try using different marketing activities to keep them. Keeping them happy during their first experience will make them stick to you. BC


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Agabi

Nigerians can double click to opportunities, innovations, enterprise through ICT

business sphere and help to provide parallel leverage for innovators, businesses and institutions across the globe, using his organisation as an example of a local company that has client all over the world despite manufacturing locally. In his own submission Dr. Emmanuel Ekuewem said “for full access to internet in its ubiquity the problems of affordability, availability and quality of service must be address by the operators and regulators.” Another participant, Chinere Mba called for overhaul of education system “that will produce global citizens not a 19th century education system in 21st century through the use of technology and this will help to produce innovation ecosystem for the nations of Africa which will unlock tomorrow.”

By Adejuwon Osuunuyi

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he abundance opportunities embedded in the use of Information Communication Technology, ICT, has again been stressed. According to stakeholders at the 2014 Cyber Nigeria Forum and African Innovation Awards organised by the Tribe media Company producers of AIT INFOTECH Network (TV and Radio) and Publishers of Cyber Africa held last weekend at the Sheraton Hotels Lagos, Nigerians stand the chance of maximizing opportunities and innovations through ICT. At the event, which had the theme, ‘Cyber Innovation, Enterprise, Opportunities and Cyber Security’, the unanimous resolution of facilitators and participants after the first session in Innovation, enterprise and opportunities was that the role of ICT which is imperative to act as a catalyst for rapid growth of Nigeria and Africa at large cannot be over emphasised. The event which was in three segments with the first two used for the deliberations on the Theme for this year Forum and An Awards ceremony had in attendance the likes of the best mind across all sector of the economy. Setting the ball rolling the convener, Dr. Bayero Agabi said the event is meant to provide platform to articulate the opportunities provided by ICT to grow businesses, innovation and creative powers of African youths, and even the government.” Yele Okeremi of PFS that said “ ICT has level the

Business Courage

Monday, May 26, 2014

CPC commends StarTimes’ customer reward initiative

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ay TV services provider, StarTimes, has been commended for its role in providing a special rewards initiative for its numerous customers, in Nigeria, through its recently launched StarTimes ExtraTime Promo. Speaking at the launch of the promo, Nicholas Utsalo, the Senior Public Relations Officer, Consumer Protection Council (CPC), who represented Tam Tamunokonbia, the Head, Consumer Protection Council, Lagos Office, commended StarTimes for designing the new promo reward programme to encourage its customers. He noted that the promo, which is StarTimes’ way of giving back to consumers, would definitely win the hearts of its pay TV subscribers and endear more customers to the pay TV platform. “We are impressed at how far the company has come; we are impressed by the direction in which it is going,” he said. Utsalo pledged CPC’s support for the promo, maintaining that StartTimes should continue to keep to the council’s regulations as it concerns its promo activities. He added that the role of the council is to ensure that the promo draws are carried out in a free and fair manner. “CPC is here to support what StarTimes is doing, because we want the best for subscribers and the society at large. We will be present during the promo’s monthly

draws to ensure that the promo rules are adhered to. We want StarTimes to keep the trend for the benefit of consumers. We would also like to see that the prizes are given to the right winners. I must commend StarTimes for the launch of ExtraTime promo; without a doubt, the promo will win customers loyalty. It is definitely a step in the right direction,” he said. IreteAnetor, Public Relations Manager of the NTAStar Network, explained that the ExtraTime promo is an innovative package that coincides with the FIFA World Cup. “As such, StarTimes has produced a commemorative recharge card, tagged the Soccer card, for the promo period. We would also be giving out prizes on our official Facebook page through our ‘Predict & Win campaign’ that would run throughout the FIFA World Cup period; we are aware that Nigerians have passion for soccer and this is our own little way of showing support for the Super Eagles during the FIFA World Cup season.” To qualify for the promo, new subscribers stand the chance of winning a brand new 2014 Toyota Yaris car or a 32’ LED Digital TV at the monthly draws on the purchase of the StarTimes’ decoder, which comes with a month’s free subscription. On the other hand, existing subscribers stand the chance of winning promo prizes by recharging with a StarTimes Soccer card, the ExtraTime promo card, the usual StarTimes’ recharge card or through its e-payment during the promo period. There are also instant gifts like the 32’ LED Digital TV Sets or units of Viju Milk to be won from the purchase of the ExtraTime promo card, which has an instant gift scratch section. Instants prizes are to be redeemed at designated StarTimes’ prize redemption centres. Monthly draws for the promo would hold at StarTimes’ Lagos head office at

Tamunokonbia

the end of each month until the promo ends in August. The dates for the draws are 30th May, 27th June, 31st July, and 29th August, 2014. Currently, StarTimes’ sports channels are NTA Sports 24, Setanta Action, Setanta Africa, NBA TV, and MCS Sports. Soccer lovers can watch Live Matches of the FIFA World Cup moments on NTA Sports 24. StarTimes has a mission of ensuring that every home in Nigeria enjoys affordable digital TV. The mission is backed with its collaboration with NTA; the relationship is strategic partnerships that will help Nigeria actualise its 2015 digital transition deadline. StarTimes is leveraging on NTA’s platform to provide quality digital service to every home in Nigeria and is committed to making digital television accessible and affordable to all Nigerians on the latest technology in DTT operation. StarTimes has covered thirty-two cities in Nigeria, which include Abuja, Lagos, Kano, Ibadan and Port-Harcourt, Aba, Benin, Enugu, Ilorin, Jos, Kaduna, Makurdi, Onitsha, Sokoto, Uyo and Yola, Abeokuta, Akure, Oshogbo, Lokoja, Zaria, Kastina, Gusau, Minna, Lafia, Owerri, Awka, Warri, Calabar, Suleja, Binin-Kebbi and Ado Ekiti.

Omobola Johnson to open NIGF 2014

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he Minister of Communication Technology, Omobola Johnson has confirmed participation at the forthcoming third Nigeria Internet Governance Forum (NIGF) to be hosted at MUSON Centre, Onikan Lagos. Chairperson of the Local Multi Stakeholders Advisory Group (LMAG) Mary Uduma, gave this hint last weekend, saying that Johnson would be attending the forum to give her remarks and officially declare it open on Tuesday, June 10, 2014. According to her, the forum would have the honour of welcoming Dr. Eugene Juwah, the Executive Vice Chairman of the Nigerian Communications Commission (NCC) and Peter Jack, the Director-General, National Information Technology Development Agency (NITDA) as guests of honour. She stated that the Group Managing Director and Chief Executive Officer, Computer Warehouse Group (CWG) plc, Austin Okere would be presiding over the Nigeria Internet Governance Forum (NIGF) 2014 main event. Assuring that LMAG members made up of the Ministry of

A17 33

Johnson

Communication Technology (MCT), National Information Technology Development Agency (NITDA), Nigerian Communications Commission (NCC), Nigeria Internet Registration Association (NIRA), DigitalSENSE Africa (DSA), Internet Society (ISOC) Nigeria, Rita Talabi Foundation, Creative Technology for Development Initiative (CTDI) and Global Network for Cybersecurity (GNC), among others, are working assiduously to ensure the NIGF 2014, surmounts the success of last year, Uduma said that was why the event is being brought to Lagos. She pointed out that the two-day 2014 NIGF is expected to commence with the hosting of youth workshop on day-1, Monday, June 9, 2014 at the same venue with the theme, “Internet Governance for Job Creation & Social Enterprise Development” under the chairmanship of an Internet Security Consultant and former D-G of NITDA, Professor Cleopas Angaye. Further, she explained that the day-2, would focus on “Harnessing Multi-Stakeholders Framework for Internet Governance & Economic Growth” with discussions led by 2014 forum chairman, Austin Okere of Computer Warehouse Group Plc on June 10 at MUSON Center. Strategically, she noted the importance of the forum, such that participants are drawn from all social and economic groups to have a say, through multistakeholders’ dialogue, in establishing local principles and protocols that would guide the governance of the Internet in order to facilitate economic growth in Nigeria. Registration, Uduma, said is ongoing at NIGF website, as she urged Nigerians to share the news with their various networks and make sure they participate actively in the NIGF 2014, just as the forum would harness and aggregate productive ideas routed on best practices and experiences so as encourage an all-inclusive framework for internet governance in BC Nigeria. BC


A18 34

Business Courage

Monday, May 26, 2014

National Mirror www.nationalmirroronline.net

Behind d Wheels This page is open to sponsorship

By Emmanuel Ogbonnaya

O

nly 500 individuals will own the next all-new Cadillac CTS as part of its send-off for the current-generation CTSV which will be replaced next year. At least, in sedan form, Cadillac will build 500 special-edition coupes for 2015. The unique model does not look terribly unique, with its CTS-V coupe–standard looks, but Cadillac has bundled together several optional extras to create an appealing end-ofgeneration offering. Compared to its predecessor, that reawakened the world’s recognition of the brand as a true luxury car company, the all-new Cadillac CTS is an utterly impressive car perhaps even more so. Soon, an all-new CTS-V will join the upgraded CTS, but in the meantime, a special edition model of the 2015 CTSV Coupe will find 500 lucky owners. The Detroit-based automaker says 2015 CTS-V Coupe will consist of 500 limited-edition cars available during the second half of 2014. It will be the last model before the next generation of the V-Series debuts next year. Special-edition customers get the 556-hp CTS-V’s op-

tional satin graphite colored 19-inch wheels, red-painted Brembo brake calipers, black chrome grille, Recaro seats, suede steering wheel and shift knob, and Midnight Sapele wood trim for $72,195. That’s marginally less than a similarly equipped regular CTS-V coupe, but special-edition buyers also get exclusive red contrast stitching for the interior, so to those who place a heavy value on red this is the CTS-V coupe to get. A sunroof ($700) and just three exterior colors are available Crystal White, Black Diamond ($995), and Phantom Gray but that lack of choice is compensated for by the far more important option of selecting a manual transmission. Next year, the CTS-V coupe and wagon, as well as the outgoing V sedan, will bow out ahead of the 2016 CTS-V sedan’s arrival. By the looks of things, the two- and five-door V-series models unfortunately won’t be returning. To be built during the second half of 2014, the 2015 CTS-V Coupe special edition will include the usual magnetic ride control dampers, Brembo brakes, and the monstrous,

melodious 556-horsepower supercharged LSA V-8 engine. In addition, it will get exclusive Ebony leather interior with red contrast stitching, Recaro seats, metal pedals, microfiber suede steering wheel and shift knob covers, satin graphite wheels, red brake calipers, and a handful of other aesthetic tweaks. Exterior color options are limited to Crystal White, Phantom Gray, and Black Diamond. Both automatic and manual versions can be ordered. While the 2015 CTS-V Coupe special edition is an appearance upgrade package, hints at what to expect of the next-generation CTS-V come from Cadillac’s chief marketing officer, Uwe Ellinghaus, who said in a release, “The special edition is a stepping stone to the next-generat i o n

V-Series, which will move to the next level with more dynamic design and technical sophisti sophistication.” The special edition CTS-V Coupe shares the high-performance technology of its predecessors built from 2010–2014, including Cadillac’s Magnetic Ride Control, Brembo brakes and 556-horsepower (415kW) supercharged V8 engine. “The V-Series continues to elevate Cadillac, providing an exclusive family of high-performance luxury models that attract a new audience of elite and passionate buyers,” said Uwe Ellinghaus, Global Cadillac chief marketing officer, in a statement. The 2015 special edition version features an exclusive Ebony interior with red contrast stitching, Recaro performance seats, metal pedals, Midnight Sapele wood trim,

microfiber s uede-wrrapped suede-wrapped st teering wheel and steering sh hift knob knob, dark-finish V grille, shift satin graphite wheels and red brake calipers. The 500 special-edition CTS-V Coupes will be produced this summer at GM’s Lansing Grand River Assembly plant. Full pricing information will be released closer to production, according to GM. Exterior Don’t look for any styling changes on the 2015 CTSV. There are none, not even a headlamp or a new set of wheels, although the rims are now available in a Satin Graphite finish and are contrasted by red brake calipers. Exterior colors will be limited to three shades, Crystal White, Phantom Gray and Black Diamond, the latter offe offered at extra cost ($995). Despite the lack of novelties, the CTS-V C Coupe remains somewh somewhat attractive due to its muscular lines and slee sleek appearance, both enhanced by a suspen suspension that sits lower w when compared to the th sedan. Interior Things become a little more compelling inside, where the driver and the passenger w will ride in


National Mirror www.nationalmirroronline.net

Business Courage

Monday, May 26, 2014

A19 35

Behind d Wheels This page is open to sponsorship

Autocare Simple ways to prevent your car from being stolen

C

Recaro performance seats. The interior also benefits from microfiber suede-wrapped steering and shift knob, as well as a set of metal pedals. Additionally, the 2015 CTS-V Coupe will come with exclusive Ebony interior with red contrast stitching and the Midnight Sapele wood trim previously offered on the Black Diamond Edition. Those looking to enjoy a bit of sunlight in the cabin can select the sunroof option for $700. Just like this year’s model, the 2015 special edition will feature standard heated, eight-way power seats, rear center console with dual cup holders and steering wheel mounted control for audio, traction control and StabiliTrak. Under the hood Open the hood and you’ll find the same 6.2-liter, V-8 engine with a 1.9-liter Eaton supercharger on top. Although output figures remained unchanged, that’s far from bad news, because the mill pumps 556 horsepower and 551 pound-feet of torque, which is enough to blow most competitors away. Connected to either a Tremec six-speed manual or a Hydra-Matic six-speed automatic, the engine will propel the coupe from naught to 60 mph in four seconds and up to a top speed of 180 mph. Naturally, the special edition comes

equipped with Cadillac’s Magnetic Ride Control system and Brembo brakes all around. Far from being its strong point, fuel economy remains at 12 mpg city and 18 mpg highway with the automatic transmission and 14 mpg city and 19 mpg highway with the manual gearbox. Up against Before it makes way for the brand-new CTS-V Coupe, this special edition model will have to go against the BMW M4 , probably the most desirable coupe to hit U.S. streets this year. Redesigned inside and out, the M4 is 11 pounds lighter than the model it replaces (M3 Coupe). Engineered with efficient aerodynamics in mind, the M4 also benefits from a tremendous amount of downforce while keeping its design road-friendly appealing. The sporty interior seen on the 4 Series becomes even more aggressive in the M4, with race-inspired front seats and numerous details crafted by the company’s M division. The car changed even more engine-wise, with the naturally-aspirated V-8 being ditched in favor of a turbocharged, 3.0-liter, inline-six unit. Available with either a six-speed manual or a seven-speed DCT, the mill sends 425 horsepower and 406 poundfeet of torque to the wheels. The M4 charges quite quickly from 0 to 60 mph, taking only 3.9 seconds with the automatic

transmission and 4.1 seconds with the manual gearbox. Top speed is limited at 155 mph. The RS5 isn’t exactly new, but it did receive a facelift for the 2014 model year, gaining a new front grille, revised bumpers and LED technology for the taillights. Inside, the RS5 is sportier than both its Cadillac and BMW competitors, featuring high-back design sports seats with integrated headrests and red-painted components for more aggressive contrasts. The vehicle’s cabin is obviously no stranger to luxury and comes with carbon inlays instead of the regular aluminum or wood trims. Motivation is provided by the proven 4.2-liter V-8. The engine is rated at 450 horsepower and 316 found-feet of torque and pushes the coupe from 0 to 60 mph in 4.5 seconds. That’s about half a second slower than both the BMW M4 and the Cadillac CTS -V Coupe. Top speed is rated at 174 mph. The U.S. model can only be had with Audi’s seven-speed S Tronic automatic transmission operated via paddle shifts mounted behind the steering wheel. As far a fuel economy goes, the RS5 returns 16 mpg city, 23 mpg highway and 18 mpg combined. Although dated by design, the CTS-V Coupe still has a lot of power to offer. On the other hand, it still lacks some of the features found on its German competitors and the new additions aren’t really helping in that aspect. The good news though is that the new CTSV is coming next year and we’ll be getting more power, new tech and a more modern design. BC

ar theft is nothing new because everything of value attracts thieves and therefore extra care must be taken to prevent the loss of one’s valuables like a car to thieves, who most times strike when and where you least expect. A car doesn’t have to be expensive to be a target. Thieves often steal vehicles just to strip them of their parts and metal components. Others steal cars to use as getaway vehicles while committing other crimes. It doesn’t matter if you drive a new luxury sedan or an old pickup truck. Car theft is a reality that you need to guard against. Multiple devices are available that help protect against your vehicle getting stolen. Car theft is a serious problem, and there is no right or wrong answer as far as what you should use to prevent it. However, always lock all your doors, keep your windows up and follow basic common sense whenever leaving your vehicle. Additional security measures do help prevent your car from being stolen, but only if you use them consistently and in the way they are intended. 1. Car Alarm: Nearly everyone is familiar with the basic car alarm. You probably hear at least one or two go off every day if you live or work in a metropolitan area. The alarm activates when a thief breaks a window, opens a door or tries to start a car without turning the alarm off first. Some alarms are deactivated with an access code, while others turn off remotely using a key fob. One advantage of car alarms is that they make it harder for a car thief to operate anonymously. Thieves don’t want attention, and a loud, blaring siren is bound to get the attention of anyone nearby, including the car owner. As a result, the thief is more likely to bypass a car with an alarm for a vehicle without one. The disadvantage of car alarms is how common they are and how often they go off accidently. The panic button on the key fob in someone’s pocket often gets pushed accidently, either in the pocket or while the owner is pulling the keys out, and this triggers a false alarm. 2. Steering Wheel Lock: A steering wheel lock bar slides over the steering wheel and locks in place, preventing a thief from being able to turn the wheel because the bar hits the car door, preventing the wheel from turning. The bar is typically made out of hardened metal to make it difficult to cut. It also slides inward to make it more compact when not in use, allowing you to store it quickly under the seat or in the trunk. One advantage of the steering wheel lock bar is that it’s simple and easy to use. It fits onto the steering wheel in seconds and just requires a key to remove it. It is also cost-effective. One disadvantage is inconvenience. While it is quick to put on and take off, this process easily grows tiresome for some users, and you likely grow complacent over time and start leaving it off more often than putting it onto the steering wheel. BC To be continued next week


A20 36

Business Courage

Monday, May 26, 2014

National Mirror www.nationalmirroronline.net

Seplat releases interim management statement By Udo Onyeka

S

eplat Petroleum Development Company plc, a leading Nigerian indigenous oil and gas company, listed on both the Nigeria Stock Exchange, NSE and London Stock Exchange, LSE, has announced its Interim Management Statement and update on its operations year-to-date 2014. The news is coming a month after the company concluded a successful initial public offer, IPO on the Nigerian Stock and London Stock Exchanges, which raised $535m at NGN 576 per share, £2.10. According to a statement by the company, average operated production in the first quarter was 36.5 mbbl/d of oil and 66.9 mmscf/d of gas. “As disclosed at the time of the company’s recent IPO, total oil and gas production in the period was impacted by 36 days of shut-down of Shell’s Trans Forcados Pipeline, TFP, in Q1, and 7 days of shut-down in April. “The company said production has resumed at projected rates and Seplat remains on track to deliver its 2014

target gross operated production exit rate of 72,000 bbl/d despite the days of shut-down of SPDC’s Forcados Pipeline ,TFP. “The total gross production deferment in the first quarter due to the TFP shut-down was approximately 2.2 mmbbls gross. This was partially offset by the shipment of approximately 0.1 mmbbls to the Warri refinery when the new pipeline was completed, just before the end of the quarter. Near term drilling programme is currently being modified and it aims to accelerate field developments and partially offset the production deferment caused by the TFP shut-down,” the statement said. Seplat which recently signed a 5-year Gas Sales Agreement with Azura Edo IPP, to supply 116 mmscf/d at $3/mscf from 2017 also stated in its Interim Management Statement that its expansion of the Oben gas processing facilities remains on track, to enable the company to develop the capacity to its expand production and sales, in order serve to meet the fast growing domestic demand for gas. Commenting on these developments, Chief Executive Officer, CEO, Austin Avuru, noted that the “Com-

Avuru

pletion of our pipeline to the Warri refinery and commencement of crude deliveries to Warri was a strategically important milestone for Seplat. This pipeline provides an alternative export route for our liquids, is under Seplat’s control, and will further reduce the reconciliation losses imposed on our exports via Forcados.” “The company’s gas strategy achieved a major step forward with the signing of the Gas Sales Agreement for the Azura Edo independent power project, at a price of $3/mscf”, Avuru said, adding that this contract with Azura “underpins Seplat’s major

investment programme to upgrade the Oben gas plant and expand our domestic gas business. The company also reports that Seplat’s strong bid for OMLs 29 and 24 was not the highest priced offer, and therefore did not lead to the company’s selection as preferred bidder. According to the company is confident that there is “a substantial pipeline of other material opportunities that are being pursued. It further said that it will retain focus on acquisition opportunities where it can leverage Seplat’s technical and financial strength, as well as continue to exercise price discipline. “Seplat’s net cash position currently is approximately $285m, following receipt of the gross proceeds of the IPO of $535m and repayment of the MPI shareholder loan of $48m. “All of our development projects remain on track, and we are confident of delivering our target production exit rate for this year of 72,000 bbl/d, and of recovering as much of the production lost in the period as possible. “Seplat’s Interim Results for the six months ending 30 June 2014 are expected to be announced in late July 2014”, the CEO said. BC

Shareholders give nod to May&Baker N3b right issue By Johnson Okanlawon

S

hareholders of May & Baker Nigeria Plc have authorised the directors of the healthcare company to raise up to N3 billion in new equity fund with a view to reducing dependence on loans and strengthen the company’s balance sheet. At the Annual General Meeting in Lagos, they urged the board of directors to raise additional equity capital of an amount up to N3 billion or any fraction thereof either locally and or internationally through any or a combination of rights issue, private placement and public offer. The meeting also empowered the directors to decide on absorption of excess monies from the new capital is-

Danjuma

sue. The resolution highlighted that the new capital issue would be for the purposes of enhancing the company’s working capital and financing the de-

velopment of the company’s businesses. To create headroom for the new capital issue, they also increased the authorised share capital of the company from N1 billion, consisting of 2.0 billion ordinary shares of 50 kobo each, to N1.90 billion, consisting of 3.8 billion ordinary shares of 50 kobo each, by creating additional 1.80 billion ordinary shares of 50 kobo each. In his address to shareholders, chairman, May & Baker Nigeria Plc, Lt. Gen. Theophilus Danjuma (rtd), said the recapitalisation is an important measure to reduce the company’s current high debt-to-equity ratio and the resultant high financing costs. According to him, it is imperative that shareholders inject more equity to the company to make it stronger

and put it in better position to face the challenges in the industry. He outlined that the management of the company has been implementing measures to improve the performance of the company and deliver returns to shareholders. “These measures include strategies to sustain revenue growth through more aggressive marketing and product development initiatives, better management of working capital and aggressive reduction in overhead costs,” Danjuma said. He noted that the consolidation of all pharmaceutical manufacturing operations of the company at its PharmaCentre in Ota would help to improve operational efficiency and capacity utilisation while curtailing excess overhead costs.BC

Insurance companies receives N28.7 bn as premium in 2012 - Official

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he Commissioner for Insurance, Fola Daniel, on Friday said insurance companies received an estimate of N28.7 billion in 2012 as premium on compulsory insurances in the country. Daniel, who is also the Chief Executive Officer, National Insurance Commission (NAICOM), made this disclosure at the 2014 Insurance Seminar for Insurance Correspondents. It would be recalled that the compulsory insurance packages are the Group Life, Builder’s Liability, Occupiers Liability, Motor Third Party and Health care Professional Liability Insurances.

According to him, the volume of premium written in 2012 alone is a clear indication that insurance is gradually growing in the country. ``I am glad to let you know that even though the one trillion naira targets for compulsory insurance are yet to be attained, considerable progress has been made given the statistics available. ``This is evident in the number of policies written by companies under this class of insurance between 2009 and 2012, which rose sharply from 72,180 to 152,181, representing 111 per cent increase. ``Also, the volume of premium writ-

ten in this class rose sharply from N14.93 billion in 2009 to N28.68 billion in 2012, representing an increase of 92 per cent,’’ he said. Daniel said also that the volume of claims settled by insurance companies under the country’s compulsory insurance had also increased. He attributed the increase in patronage in insurance products to the added interest being shown by various state governments like Imo, Anambra and Delta to insurance policy. Daniel said the increase in patronage could also be attributed to the reforms taken by the commission in its bid to provide the enabling environ-

ment for insurance to strive. These reforms, according to him, are the introduction of Risk-Based Supervision, Migration to International Reporting Standards, Claims Settlement Reforms and Financial Inclusion and Literacy programmes. To deepen insurance practice in the country and settlement of claims, Daniel said the commission was working to set up nationwide call centres to aid them in addressing this. ``By first week of June, NAICOM will unveil the first ever Insurance Call Centres to listen and address complaints from Nigerians on insurance claims and settlements. BC


National Mirror www.nationalmirroronline.net

Business Courage

Monday, May 26, 2014

A21 37

NSE market capitalisation rises by N92bn

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ransactions on the Nigerian Stock Exchange (NSE) on Friday maintained the bullish trend with the market capitalisation appreciating further by N92 billion. The market capitalisation rose by N92 billion or 0.70 per cent to close at N13.831 trillion against N13.060 trillion achieved on Thursday. Similarly, the All-Share Index, which opened at 39,553.00, appreciated by 278.83 points to close at 39,831.83. Forte Oil, for the second consecutive day, led the gainers’ table, appreciating by N17.34 to close at N186.54

per share. Mobil trailed with N5.10 to close at N130, while Nigerian Breweries rose by N2.63 to close at N176.13 per share. Lafarge Wapco garnered N2.49 to close at N112.50, while Oando gained N1.72 to close at N20 per share. Conversely, Sim Cap led the laggards’ chart, dropping N5.17 to close at N98.33 per unit. Okomu Oil lost N1.70 to close at N32.30, while Beta Glass dropped 85k to close at N16.22 per share. Caverton lost 74k to close at N7.02, while GTBank depreciated by 47k to close at N27.68 per share.

Transcorp was the most active stock with a turnover of 18.17 million shares worth N69.79 million. It was followed by Oando with 17.58 million shares valued at N352.59 million, while FCMB traded15.94 million shares worth N61.53 million. UBA sold 13.84 million shares worth N99.64 million, while FBN Holdings accounted for 11.02 million shares valued at N153.26 million. In all, investors exchanged 198.03 million shares worth N3.09 million achieved in 5,187 deals on Friday against the 267.78 million shares valued at N3.18 billion traded in 3,937 deals on Thursday. BC

Again, GTBank emerges African Bank of the Year

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uaranty Trust Bank (GTBank) Plc has, for the second year running, won the “2014 African Bank of the Year. The African Banker Magazine gave the award to the bank at the sidelines of the just-concluded African Development Bank (AFDB) Annual General meeting in Kigali, Rwanda. The African Banker Awards is one of the biggest annual events that recognizes and celebrates the achievements of the financial services industry in Africa. The award recognizes individuals and financial institutions’ contribution to the development and growth of Africa’s banking industry and changing perceptions of the continent’s domestic and international markets. A statement from GTBank said that the panel of judges considered, among other fac-

Sonola

tors, the bank’s consistent strong financial performance and contribution to the quality of services within the country and across the African continent. Publisher of African Banker Magazine, Omar Ben Yedder said at the award ceremony that the award was

memorable, saying: “since we launched the awards, we have witnessed the transformation of an industry. “There is no room for complacency because there is much room for growth and development to achieve the transformation we all desire and work towards. Managing Director of GTBank Kenya, Kunle Sonola, who received the award on behalf of GTBank, said that the award is a testament to the hard work and commitment of the board, management and staff of the Bank. “It is also a challenge and a call to do more to project the global relevance of the African banking industry.” He commended the bank’s customers for their continued trust and support, assuring them that the bank would continue to strive to deliver beyond stakeholders’ expectations at all times. BC

Market Indicators for Week Ended 23-05-14 All-Share Index 39,831.83points Market Capitalization N13,152,361,583,359.20 Stock Updates GAINERS COMPANY

OPENING PRICE

FO

CLOSING PRICE

CHANGE

169.20

186.54

10.25

18.28

20.00

9.41

NPFMCRFBK

1.03

1.12

8.74

WEMABANK

0.94

0.99

5.32

CONTINSURE

1.02

1.07

4.90

OANDO

LOSERS COMPANY

OPENING PRICE

CLOSING PRICE

CHANGE

CAVERTON

7.76

7.02

-9.54

COURTVILLE

0.63

0.57

-9.52

OKOMUOIL

34.00

32.30

-5.00

SIMCAPVAL

103.50

98.33

-5.00

BETAGLAS

17.07

16.22

-4.98

Inter-Bank Rates TENOR

RATE%(PREV) 21-May-2014

CALL

0.0000 - 0.0000%

0.0000 - 0.0000%

10.2500 - 10.2500%

10.2500 - 11.0000%

OBB

RATE%(CURR) 22-May-2014

Primary Market Auction TENOR

AMOUNT (N’mn)

RATE (%)

DATE

91-Day

40647810

10

21-May-14

182-Day

25000000

10.015

21-May-14

364-Day

55683600

10.125

21-May-14

Open Market Operation TENOR

AMOUNT (N’mn)

119-Day

70000

RATE (%)

119-Day

40000

11

8-May-14

126-Day

70000

12

24-Apr-14

10.8

DATE 22-May-14

Wholesale Dutch Auction System AMOUNT OFFERED

MARKET DEMAND

AMOUNT SOLD

DATE

$400m

$ 384,764,861.71m

$384,764,861.7m

21-May-14

$400m

$ 345,970,424.20m

$345,970,424.2m

19-May-14


A22 38

Business Courage

Monday, May 26, 2014

National Mirror www.nationalmirroronline.net

UACN: Sustaining profitability as it deepens market penetration United African Company of Nigeria Plc, UACN, one of the large cap stocks on the Nigerian Stock Exchange continues to be major driver, as it continues to add value to shareholders’ investments By Johnson Okanlawon

2

013 was a year of consolidation UACN Plc, the leading diversified conglomerate with operations in foods, paints, logistics and real estate as recorded an impressive performance for the year ended December 31, 2013. The company strengthened its core competencies and deepened penetration into existing markets, particularly the launch of “Mini-Gala.” It has proposed a dividend of N1.75 (N3.36bn), representing a growth of 31 per cent and a yield of 3.21 per cent based on prices as at March 31, 2014. For the 2013 financial year, the company posted a profit of N9.95bn, an increase of 41 per cent when compared to N7.04bn recorded in the same period of 2012. The company operating profit was up 32 per cent to N15.3bn in 2013, from N11.5bn recorded in the corresponding period of 2012. Profit before taxation stood at N14bn, from N10.7bn it posted in 2012 financial year, while taxation increased from N3.64bn to N4.06bn, an increase of 12 per cent. The total revenue dropped from N19.05bn to N18.8bn in the review period on the back of input cost pressures, while finance cost stood at N2.99bn, up from N2.53bn recorded in the corresponding period of 2012

due to increased short-term borrowing rates. Analysis of other income for the company in 2013 shows profit of N604.5m on the sale of investment property and N2.18bn realised from transfer of Real Estate Investment Trust, REIT, properties. Also, N1.599bn was realized from investment in properties and N278.5m recovered from previously impaired loan, including N506.2m realized from other trading income. Gains on disposal of UAC Registrars in 2013 stood at N424.5m. Company Business Strategy The company’s strategic partnership with Tiger Brands of South Africa in UAC Foods Limited was yielding positive results, while the company recorded progress in its growth drive through the acquisition of majority stake in Livestock Feeds Plc and Portland Paints and Products Plc. The company completed partnership arrangement with Imperial Logistics, Famous Brands and completion of UPDC REIT listing on the Nigerian Stock Exchange. Others are sale of 100 per cent stake in UAC Registrars Limited to African Prudential and JVP put GM Nigeria into liquidation. However, the UAC Foods Limited launched Mini Gala in 2013, commissioned new lines in snacks category, installation of new blow mould equipment for spring water and general upgrade of facilities across sites. On Grand Cereals Limited, the firm turnover was up 19 per cent despite the fact that the North East market was inaccessible due to security challenges. The input costs impacted on margins and new plant installation was completed. In UAC Restaurants Limited, the turnover was down 25 per cent due to completion of franchising, while profit stood at N292m. it concluded strategic part-

nership with Famous Brands during the year. Meanwhile, the firm operational reviews with strategic partner are ongoing. Assets quality Analysis of the company balance sheet for the financial year ended December 31, 2013 shows a total assets of N125bn, from N122.9bn in the same period of 2012, while total liabilities dropped to N53.7bn in the review period, from N62.4bn recorded in the corresponding period of 2012. Further analysis shows current assets of N51.3bn in 2013, from N53.7bn in 2012, while non-current assets stood at N73.7bn in 2013, from N69.3bn in 2012. Non-current liabilities declined to N10.9bn in 2013, from N18.5bn in 2012, while current liabilities fell marginally to N42.7bn in 2013, from N43.9bn in 2012. The non-current assets was up on account of capacity expansion in snacks and animal feed categories as well as recognition of goodwill on acquisitions. The cash was down due to investment in capacity expansion, payment fro acquisition of new sub of new subsidiaries and de-recognition of UAC Registrars. Long-term borrowings down following scheduled repayment (short-term borrowings up) and the increase in share capital attributable to scrip issue of one for five declared during 2013. Non-controlling interest up on the back of part divestments of MDS Logistics and UAC Restaurants. Corporate Profile UACN started through the activities of European traders and commercial activities. And through a series of mergers and acquisitions and restructuring as the various entrepreneurs sought to enthrone profitable and enduring enterprises, the company has evolved into a leading brand and one of the

Ettah

blue-chip stocks in the Nigerian capital market. One of the most significant developments in the company’s history was the setting up of the Royal Niger Company, which was chartered between 1672 and 1750 to administer the territory that would later become Nigeria. The United African Company was formed in 1879 from the merger of four companies trading up the River Niger: Alexander Miller Brother & Company, Central African Trading Company Limited; West African Company Limited and James Pinnock. UAC was first incorporated in Lagos, Nigeria under the name Nigerian Motors Ltd on April 22, 1931 as a wholly-owned subsidiary of the United Africa Company Limited (a subsidiary of Unilever), which later became UAC International. The company’s name was changed to United Africa Company (Nigeria) Limited in July 1943. The name was changed to UAC of Nigeria Limited in March, 1973. And in compliance with the Nigerian Enterprises Promotion Act 1972, 40 per cent of the company’s share capital was acquired in 1974 by Nigerian citizens and associations and in accordance with the provisions of the Nigerian Enterprises Promotion Act 1977, an additional 20 per cent of the UACN’s share capital was publicly offered in 1977, in-

creasing Nigerian equity participation to 60 per cent. The name UAC of Nigeria Plc was adopted in 1991. Following the divestment of 40 per cent interest in the company by Unilever Plc in 1994, the company became a wholly-owned Nigerian company. It transformed from a trading behemoth into a leading manufacturing concern in the 1990s. Business Outlook Price increases in key raw material inputs could have significant impact on margins. Some companies within the group are exposed to interest rate volatility and this is being managed. On the competitive factors, government policies, infrastructure challenges all have a profound effect on business in Nigeria, especially in the FMCG space, while income disparity and elevated levels of unemployment have profound impact on consumer spending. Also, insecurity in the North due to sociopolitical unrest has a severe impact on commercial activities. However, the company is ready to tackle margin challenges across key subsidiaries, upskill people and leverage technology. Others strategy, according to the Group Managing Director of the company, Mr Larry Ettah said, is the conclusion of integration process for new acquisitions manage enterprise risks and innovation. BC


National Mirror www.nationalmirroronline.net

Business Courage

Monday, May 26, 2014

A23 39

STOCKWATCH Stock Exchange weekly equities summary as at Friday, May 23, 2014 SECURITY

PRICE (=N=)

AGRICULTURE/AGRO-ALLIED Crop Production FTN COCOA PROCESSORS PLC NT OKOMU OIL PALM PLC. 32.30 PRESCO PLC 35.30 Fishing/Hunting/Trapping ELLAH LAKES PLC. NT Livestock/Animal Specialties LIVESTOCK FEEDS PLC. 3.00 CONGLOMERATES Diversified Industries A.G. LEVENTIS NIGERIA PLC. 1.45 CHELLARAMS PLC. NT JOHN HOLT PLC. NT SCOA NIG PLC 5.06 TRANSNATIONAL CORP. OF NIG.PLC 3.89 U A C N PLC. 58.00 CONSTRUCTION/REAL ESTATE Building Construction ARBICO PLC. NT CAPPA & D’ALBERTO PLC. NT Building Structure/Completion/Other COSTAIN (W A) PLC. 1.25 G CAPPA PLC 14.46 Non--Building/Heavy Construction JULIUS BERGER NIG. PLC. 72.00 ROADS NIG PLC. 8.46 Real Estate Development PINNACLE POINT GROUP PLC NT UACN PROPERTY DEV 17.80 Real Estate Investment Trusts (REITs) SKYE SHELTER FUND PLC 95.00 UNION HOMES REAL ESTATE INV NT UPDC REAL ESTATE INVESTMENT TRUST NT CONSUMER GOODS Automobiles/Auto Parts DN TYRE & RUBBER PLC NT Beverages--Brewers/Distillers CHAMPION BREW. PLC. NT GOLDEN GUINEA BREW. PLC. NT GUINNESS NIG PLC 178.50 INTERNATIONAL BREWERIES PLC. 25.75 JOS INT. BREWERIES PLC. 3.08 NIGERIAN BREW. PLC. 176.13 PREMIER BREWERIES PLC NT Beverages--Non-Alcoholic 7-UP BOTTLING COMP. PLC. 85.80 Food Products BIG TREAT PLC NT DANGOTE FLOUR MILLS PLC 8.00 DANGOTE SUGAR REFINERY PLC 9.85 FLOUR MILLS NIG. PLC. 70.50 HONEYWELL FLOUR MILL PLC 3.85 MULTI-TREX INTEGRATED FOODS PLC 0.50 N NIG. FLOUR MILLS PLC. NT NATIONAL SALT CO. NIG. PLC 12.75 P S MANDRIDES & CO PLC. 5.35 U T C NIG. PLC. 0.53 UNION DICON SALT PLC. NT Food Products--Diversified CADBURY NIGERIA PLC. 73.84 NESTLE NIGERIA PLC. 1,080.00 Household Durables BETA GLASS CO PLC. NT NIGERIAN ENAMELWARE PLC. NT VITAFOAM NIG PLC. 4.11 VONO PRODUCTS PLC. 1.58 Personal/Household Products P Z CUSSONS NIGERIA PLC. 34.83 UNILEVER NIGERIA PLC. 49.53 Textiles/Apparel UNITED NIG. TEXTILES PLC. NT FINANCIAL SERVICES Banking ACCESS BANK PLC. 9.30 DIAMOND BANK PLC 6.50 ECOBANK TRANSNATIONAL INC. 15.13 FIDELITY BANK PLC 2.08 FIRST CITY MONUMENT BANK PLC. NT GUARANTY TRUST BANK PLC. 27.68 SKYE BANK PLC 3.33 STERLING BANK PLC. 2.27 U B A PLC 7.20 UNION BANK NIG.PLC. 10.20 UNITY BANK PLC 0.50 WEMA BANK PLC. 0.99 ZENITH BANK PLC 23.41 Insurance Carriers, Brokers & Services AFRICAN ALLIANCE INS. COY. PLC 0.50 AIICO INSURANCE PLC. 0.81 CONFIDENCE INSURANCE PLC NT CONSOLIDATED HALLMARK INS. PLC NT CONTINENTAL REINSURANCE PLC 1.07 CORNERSTONE INS. COY. PLC. 0.50 CUSTODIAN AND ALLIED INS. PLC NT EQUITY ASSURANCE PLC. 0.50 GOLDLINK INSURANCE PLC NT GREAT NIGERIAN INSURANCE PLC NT GUINEA INSURANCE PLC. NT INTERCONTINENTAL WAPIC INS. PLC NT INTERNATIONAL ENERGY INS. PLC 0.50 INVESTMENT AND ALLIED ARN. NT LASACO ASSURANCE PLC. NT LAW UNION AND ROCK INS. PLC. NT LINKAGE ASSURANCE PLC NT MANSARD INSURANCE PLC 2.41 MUTUAL BENEFITS ASSURANCE PLC. 0.50 N.E.M INSURANCE CO (NIG) PLC. 0.81 NIGER INSURANCE CO. PLC. NT OASIS INSURANCE PLC 0.81 PRESTIGE ASSURANCE CO. PLC. NT REGENCY ALLIANCE INS. COY PLC NT SOVEREIGN TRUST INSURANCE PLC 0.50 STACO INSURANCE PLC NT STANDARD TRUSTASSURANCE PLC 0.50 STANDARD ALLIANCE INS. PLC. 0.50 UNIC INSURANCE PLC. NT UNITY KAPITAL ASSURANCE PLC 0.50 UNIVERSAL INS. COMPANY PLC 0.50 WAPIC INSURANCE PLC 0.81 Micro Finance Banks FORTIS MICROFINANCE BANK PLC NT NPF MICROFINANCE BANK PLC 1.12 Mortgage Carriers, Brokers &Services ABBEY MORTGAGE BANK PLC 1.35 ASO SAVINGS AND LOANS PLC 0.50 INFINITY TRUST MORTGAGE BANK PLC 1.61 RESORT SAVINGS & LOANS PLC 0.50 UNION HOMES SAVINGS&LOANS PLC 0.5 Other Financial Institutions AFRICA PRUDENTIAL REGISTRARS 3.11 CUSTODIAN AND ALLIED INS. PLC 2.8 CRUSADER ( NIG) PLC. NT DEAP CAPITAL MGT & TRUST PLC NT FBN HOLDINGS PLC 13.90 FCMB GROUP PLC 3.96 ROYAL EXCHANGE PLC. 0.55 STANBIC IBTC HOLDINGS PLC 22.41 UBA CAPITAL PLC 2.42 HEALTHCARE Healthcare Providers

NOTE NT=Not Traded on 23-05-14

QUANTITY

500 492,527 414,505

52 WK HIGH

0.64 107.81 41.14

52 WK LOW

0.50 20.92 8.24

SHARES OUTSTANDING

2,200,000,000 476,955,000 1,000,000,000

EPS

0.10 2.29 7.55

MOV. (%)

N/A -5.00 0.57

Previous

NT 34.00 35.10

100

4.26

4.26

60,000,000

0.00

N/A

NT

2,789,945

7.18

0.68

1,199,549,736

0.07

-4.15

3.13

60,000 10 2,216 1,000 18,172,516 217,587

2.08 6.43 5.89

0.71 4.15 1.07

2,191,895,983 963,900,300 389,151,408

0.11 0.16 1.09

-4.61 N/A N/A

5.89 71.10

0.50 28.00

821,666,666 1,600,720,323

0.09 4.38

N/A N/A

1.52 3.95 NT NT 3.65 56.00

8 3

26.00 95.49

5.05 95.49

148,500,000 196,876,000

0.33 4.50

N/A N/A

NT NT

366,200 18000

2.66 14.46

0.72 14.46

920,573,765 125,000,000

0.00 0.00

N/A N/A

1.30 NT

147,861 6,166

83.75 10.60

19.86 6.61

1,200,000,000 20,000,000

6.74 1.69

0.01 N/A

71.99 NT

NT 239,562

7.28 20.90

7.28 8.82

1,375,000,000

0.00 2.20

N/A -1.06

NT 17.99

4 330 29,000

100.00 50.00 10.50

100.00 50.00 0.00

20,000,000 250,019,781

5.82 0.19

N/A N/A

NT NT NT

320,000

0.50

0.50

4,772,528,415

0.00

N/A

NT

20 300 72,525 167,840 56,480 2,013,799 80

19.48 0.68 297.41 30.00 9.09 179.40 0.97

3.13 0.68 209.10 5.34 0.81 91.10 0.93

900,000,000 272,160,000 1,474,925,519 2,112,914,681 562,000,000 7,562,562,340 126,000,000

0.00 0.00 8.66 0.63 0.00 5.03 0.00

N/A N/A -0.83 N/A N/A 8.02 N/A

NT NT 180.00 25.60 NT 163.05 NT

90,019

75.90

38.12

640,590,362

4.46

N/A

85.80

NT 170,490 1,992,503 638,233 1,443,557 99,400 900 1,707,523 2.08124,000 85,088 200

0.50 10.68 12.85 109.24 4.11 1.21 29.70 14.00 5.94 0.93 13.31

0.50 3.85 3.26 50.00 1.83 0.50 17.51 3.65 5.35 0.50 4.22

2,000,000,000 5,000,000,000 12,000,000,000 1,879,210,666 7,930,197,658 3,722,493,620 178,200,000 40,000,000 1,233,375,004 360,000,000

0.00 0.00 0.81 3.38 0.34 0.00 0.00 1.05 0.08 1.13 0.00

N/A 0.00 6.95 3.68 4.05 N/A N/A -4.14 N/A 6.00 N/A

NT 8.00 9.21 68.00 3.70 NT 22.01 13.30 NT 0.50 NT

143,245 26,821

64.53 1250.00

8.33 400.00

3,129,188,160 792,656,250

1.57 28.34

4.07 0.46

70.95 1,075.01

NT NT 215,917 10

15.58 36.19 5.54 2.88

10.03 32.27 2.91 0.57

63,360,000 819,000,000 300,000,001

3.90 13.92 0.71 0.00

N/A N/A 2.78 N/A

NT NT 4.00 NT

188,383 276,200

56.00 76.00

21.02 27.60

3,176,381,636 3,783,296,250

1.34 1.42

-1.89 0.32

35.50 49.37

NT

0.97

0.57

843,284,027

0.00

N/A

NT

5,886,912 5,845,262 666,718 8,161,644 NA 8,989,369 3,860,852 3,539,696 13,836,068 601,798 202,100 6,162,258 719,697

12.39 7.85 17.51 3.47 8.30 29.99 7.05 3.05 9.60 15.30 1.16 1.88 27.40

4.70 1.92 9.90 1.13 3.04 13.02 2.65 0.80 1.64 2.34 0.50 0.50 11.96

17,888,251,479 14,475,243,105 9,873,614,567 28,974,797,023 16,271,192,202 29,146,482,209 13,219,334,676 12,563,091,545 32,334,693,693 13,509,726,273 33,675,576,085 12,821,249,880 31,396,493,790

1.61 1.71 3.67 0.68 0.60 3.08 0.97 0.63 1.70 0.44 0.18 0.00 3.30

-2.62 -0.31 8.07 1.46 #VALUE! 2.14 -3.76 -1.30 1.27 1.39 0.00 0.00 2.00

9.55 6.52 14.00 2.05 NT 27.10 3.46 2.30 7.11 10.06 0.50 0.99 22.95

1,000 218,633 NT 840 515,040 157,414 9,054,578 100 NT 330,000 500 NT 19,777 NT 15,000 188 2,100 83,513 200 3,421,230 255,200 300,000 500,010 700 12,100 100 2,000 20,000 45,000 10,100 1,000,000 159,276

0.50 1.42 0.64 0.52 1.45 0.72 2.44 0.50 0.69 0.60 0.50 2.50 2.50 0.50 0.50 0.61 0.50 2.87 0.63 1.01 1.11 0.50 1.24 0.53 0.59 0.50

0.50 0.50 0.61 0.50 0.58 0.50 1.08 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 1.06 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50

20,585,000,000 7,809,391,256 211,626,000 6,000,000,000 10,372,624,157 8,820,010,363 5,100,846,808 8,847,298,420 4,549,947,000 3,827,485,380 720,000,000 5,061,804,000 6,420,427,449 28,000,000,000 7,323,313,227 3,437,330,500 4,083,713,569 10,000,000,000 7,998,705,336 5,332,830,881 5,649,693,923 5,003,506,791 2,508,315,436 6,668,750,000 5,203,757,266 6,141,087,609

0.00 0.19 0.00 0.05 0.15 0.02 0.24 0.01 0.00 0.03 0.01 0.00 0.00 0.02 0.00 0.00 0.02 0.25 0.00 0.37 0.02 0.04 0.06 0.04 0.09 0.00

N/A 0.00 N/A N/A 0.00 0.00 0.00 N/A N/A N/A N/A N/A 0.00 N/A N/A N/A 0.00 #VALUE! N/A 0.00 N/A N/A #VALUE! N/A 0.00 N/A

0.50 0.50 0.50 0.50 1.55

0.50 0.50 0.50 0.50 0.50

8,493,173,450 2,581,733,505 13,000,000,000 16,000,000,000

0.00 0.00 0.02 0.00 0.07

N/A N/A N/A N/A

NT 0.81 NT NT 1.02 0.50 NT NT NT 0.50 NT NT 0.50 NT 0.50 NT NT NT 0.50 0.81 0.50 0.53 0.55 NT 0.50 NT NT NT 0.50 NT 0.50 0.84

4,100 4,280,192

6.60 1.22

0.00 0.72

80 101,100 20 202,200 3,125

1.65 0.50

1.37 0.50

4,200,000,000 8,679,148,676

0.03 0.02

N/A N/A

0.50 0.99

0.50 0.50

13,175,732,404 7,812,500,000

0.30 0.00

N/A N/A

3,269,739 2,000,559 NT 30,000 11,015,210 15,944,708 20,545 419,471 8,893,276

2.1

0.5

0.61 2.02 21.50 5.70 1.33 20.72 1.70

0.50 2.02 8.57 2.90 0.50 10.64 0.00

N/A=Not Avialable

1.18 0.19

NT 0.95

0.63 3,778,005,975 1,333,333,333 32,632,084,358 3,608,657,661 18,750,000,000

0.00 0.15 2.45 1.23 0.13 1.53 0.29

N/A N/A 5.54 N/A 1.68

NT NT NT 0.50 0.5 3.25 2.55 NT NT 13.17 4.30 0.57 22.04 2.33

SECURITY

PRICE (=N=)

EKOCORP PLC. NT UNION DIAGNOSTIC &CLINICAL PLC NT Medical Supplies MORISON INDUSTRIES PLC. NT Pharmaceuticals EVANS MEDICAL PLC. 2.70 FIDSON HEALTHCARE PLC 2.56 GLAXO SMITHKLINE CONSUMER PLC 67.00 MAY & BAKER NIGERIA PLC. 1.67 NEIMETH INT PHARM PLC 1.02 NIGERIA-GERMAN CHEMICALS PLC. NT PHARMA-DEKO PLC. 1.57 ICT Computer Based Systems COURTEVILLE BUSINESS SLN PLC 0.57 Computers and Peripherals OMATEK VENTURES PLC 0.50 Electronic Communications Services MTECH COMMUNICATIONS PLC NT IT Services COMPUTER WAREHOUSE GROUP PLC 5.48 NCR (NIGERIA) PLC. NT TRIPPLE GEE AND COMPANY PLC. 1.97 Processing Systems CHAMS PLC 0.50 E-TRANZACT INTERNATIONAL PLC NT Telecommunications Services MTI PLC 0.5 INDUSTRIAL GOODS Building Materials AFRICAN PAINTS (NIGERIA) PLC. NT ASHAKA CEM PLC 19.90 BERGER PAINTS PLC 10.00 CAP PLC 37.51 CEMENT CO. OF NORTH.NIG. PLC 9.70 DANGOTE CEMENT PLC 223.62 DN MEYER PLC. 1.06 FIRST ALUMINIUM NIGERIA PLC 0.50 IPWA PLC 0.52 LAFARGE WAPCO PLC. 112.50 PAINTS & COATINGS MANFACT.PLC 1.50 PORTLAND PAINTS & PRDT NIG. PLC NT Electronic and Electrical Products AUSTIN LAZ & COMPANY PLC NT CUTIX PLC. 1.90 NIGERIAN WIRE AND CABLE PLC. NT Packaging/Containers ABPLAST PRODUCTS PLC. NT AVON CROWNCAPS & CONTAINERS 1.61 BETA GLASS CO PLC. 16.22 GREIF NIGERIA PLC NT NIG. BAGS MANFACT. COY PLC NT POLY PRODUCTS (NIG) PLC. NT W A GLASS IND. PLC. NT Tools and Machinery NIGERIAN ROPES PLC NT STOKVIS NIG PLC. NT NATURAL RESOURCES Chemicals B.O.C. GASES PLC. 6.47 Metals ALUMACO PLC 7.75 ALUMINIUM EXTRUSION IND. PLC. 10.50 MINING SERVICES MULTIVERSE PLC 0.50 Paper/Forest Products HALLMARK PAPER PRODUCTS PLC. NT THOMAS WYATT NIG. PLC. NT OIL AND GAS Energy Equipment and Services JAPAUL OIL & MARITIME SER. PLC 0.50 Integrated Oil and Gas Services OANDO PLC 20.00 Petroleum &Petroleum Products Distributors CONOIL PLC 46.74 ETERNA PLC. 3.61 FORTE OIL PLC. 186.54 MOBIL OIL NIG PLC. 130.00 MRS OIL NIGERIA PLC. 51.49 TOTAL NIGERIA PLC. 156.00 Exploration and Production SEPLAT PETROLEUM DEVT. CO, LTD. 636.00 SERVICES Advertising AFROMEDIA PLC NT Apparel Retailers LENNARDS (NIG) PLC. 3.31 Automobile/Auto Part Retailers R T BRISCOE PLC. 1.09 Courier/Freight/Delivery RED STAR EXPRESS PLC 4.50 TRANS-NATIONWIDE EXPRESS PLC. 2.31 Employment Solutions C & I LEASING PLC. 0.50 Hospitality TANTALIZERS PLC 0.50 Hotels/Lodging CAPITAL HOTEL 4.55 IKEJA HOTEL PLC 0.90 Media/Entertainment DAAR COMMUNICATIONS PLC 0.50 Printing/Publishing ACADEMY PRESS 1.71 LEARN AFRICA PLC 1.71 STUDIO PRESS (NIG) PLC. 2.40 UNIVERSITY PRESS PLC. 4.03 Road Transportation ABC TRANSPORT PLCPLC 0.81 Specialty INTERLINKED TECHNOLOGIES PLC NT SECURE ELECTRONIC TECH.PLC 0.5 Transport-Related Services AIRLINE SERVICES AND LOGISTICS PLC 2.25 NIG. AVIATION HANDLING COY PLC 4.99 ASeM CONSTRUCTION/REAL ESTATE Property Management SMART PRODUCTS NIGERIA PLC NT CONSUMER GOODS Food Products MCNICHOLS PLC NT OIL AND GAS CAPITAL OIL PLC 0.5 NAVITUS ENERGY PLC NT Personal/Household Products ROKANA INDUSTRIES PLC. NT HEALTHCARE Pharmaceuticals AFRIK PHARMACEUTICALS PLC. NT INDUSTRIAL GOODS Electronic and Electrical Products NT ADSWITCH PLC. NT NATURAL RESOURCES Metals W.A. ALUM. PRODUCTS PLC. NT Food/Drug Retailers and Wholesalers NT JULI PLC. NT ETF’s Sector ETF NEWGOLD EXCHANGE TRADED FUND 2,034.00 VETIVA GRIFFIN 30 ETF 18.48

52 WK HIGH

52 WK LOW

SHARES OUTSTANDING

EPS

1,000 4,000

5.05 0.50

4.32 0.50

498,600,908 3,553,138,528

0.13 0.00

QUANTITY

MOV. (%) N/A N/A

Previous NT NT

360

10.54

7.39

152,178,750

0.00

N/A

NT

505,030 3,046,313 21,551 194,950 454,300 50 571

4.80 2.50 69.00 3.38 1.76 8.59 3.50

0.50 0.61 18.97 1.23 0.58 7.36 1.83

486,473,856 1,500,000,000 956,701,192 980,000,000 1,925,717,268 153,786,012 100,000,000

0.58 0.24 3.07 0.09 0.00 0.00 0.00

0.00 0.00 0.00 -8.24 -12.82 N/A N/A

2.70 2.56 67.00 1.82 1.17 NT 1.57

1,319,400

0.96

0.50

2,960,000,000

0.11

0.00

0.63

1,100

0.50

0.50

2,941,789,472

0.00

N/A

NT

NT

0.91

0.91

4,966,666,668

0.00

N/A

NT

200 100 15,000

18.70 2.94

13.12 2.07

108,000,000 492,825,600

0.00 0.03

N/A N/A

5.48 NT NT

3,602,000 1,700

0.50 4.97

0.50 3.13

4,620,600,000 4,200,000,000

0.04 0.04

N/A N/A

0.50 NT

1000

0.50

0.50

4,893,594,400

0.00

N/A

0.5

421 4,623,468 318,331 18 854,196 2,803,848 13,098 2,000 162,250 2,219,400 200 90,560

2.86 29.98 12.20 67.50 12.99 210.01 3.54 0.75 1.34 110.00 2.41 7.22

2.86 8.01 6.82 13.78 4.00 102.00 0.50 0.50 0.50 39.80 0.50 2.27

260,000,000 2,239,453,125 217,367,585 560,000,000 1,241,548,285 15,494,019,668 242,908,200 2,109,928,275 513,696,000 3,001,600,004 792,914,256 400,000,000

0.07 0.80 0.91 1.66 1.12 5.77 0.06 0.00 0.00 6.83 0.36 0.43

N/A 1.02 0.00 -3.07 4.30 0.28 N/A N/A N/A 0.00 N/A N/A

NT 19.70 10.00 38.70 9.30 223.00 1.06 NT 0.50 112.50 1.50 5.00

2,000 723,831 500

2.00 2.39 0.73

2.00 1.20 0.50

510,396,608 2,220,000,000

0.05 0.19 0.00

N/A -5.47 N/A

2.00 2.01 NT

NT 1,883 80,736 130 NT NT NT

3.98 5.94 13.18 13.28 3.60 1.86 0.63

3.98 1.71 9.04 12.68 1.60 1.05 0.63

N/A N/A

42,640,000 6,215,000,000 240,000,000 199,066,550

0.00 0.00 3.23 0.90 0.24 0.22 0.00

N/A #VALUE! N/A N/A

NT 1.47 18.90 NT NT NT NT

10 NT

8.69 0.14

8.26 0.14

265,409,280 2,918,000

0.00 0.00

N/A N/A

7.46 NT

5,413

9.35

5.68

393,120,000

0.76

0.00

6.47

1500 50

7.75 12.39

7.75 10.55

75,600,000 100,000,000

0.00 0.24

N/A N/A

NT NT

2,100

0.50

0.50

4,058,989,226

0.01

N/A

NT

NT 43,412

3.22 1.38

3.22 0.67

50,000,000 220,000,000

0.04 0.00

N/A N/A

NT NT

25,000,000 683,974,528

1,723,530

1.02

0.50

6,262,701,716

0.00

0.00

0.50

17,583,308

24.80

9.32

2,262,711,568

1.24

25.08

15.99

35,492 101,762 318,012 84,468 4,105 33,617

76.00 4.87 115.64 146.00 59.00 190.01

16.96 1.32 7.73 106.00 16.20 118.75

693,952,117 1,249,162,828 1,080,280,628 300,496,051 253,988,672 339,521,837

2.69 0.61 1.43 9.93 1.04 12.91

-5.00 0.00 19.62 9.19 N/A 0.65

49.20 3.61 155.95 119.06 NT 155.00

34,529

28,677,671

200

0.72

0.50

100

3.48

3.48

556,567

2.45

1.00

27,400 1,000

5.10 3.45

2.19 0.73

4,035,497,307

640.00

0.00

N/A

0

N/A

NT NT

980,294,400

0.00

0.93

1.08

589,496,310 198,819,763

0.52 0.00

2.27 N/A

4.40 2.31

202,000

1.64

0.85

865,808,912

0.00

N/A

0.50

11,050

0.75

0.50

3,211,627,907

0.00

N/A

NT

230 3,466,527

1.72

0.64

2,078,796,396

0.00

42.86

4.55 0.63

15,000

0.51

0.50

8,000,000,000

0.43

N/A

0.50

1000 339,000 640 525,861

3.09 2.78 5.77

1.39 2.52 3.00

771,450,000 425,641,111

0.00 0.00 0.61

N/A N/A 1.51

NT 1.66 NT 3.97

1,151,200

1.29

0.50

1,507,000,000

0.21

N/A

0.88

5 20

5.15 1.88

4.90 0.80

236,699,511 5,631,539,736

0.00 0.00

N/A N/A

NT NT

192,050 254,484

5.90 8.81

1.27 5.08

634,000,000 1,230,468,750

0.50 0.43

N/A -4.77

2.42 5.24

60

1.43

1.04

45,000,000

0.12

N/A

NT

1,501,200

2.26

1.02

201,885,335

0.00

N/A

NT

1000 1000

NT NT

NT

0.60

0.60

30,000,000

0.00

N/A

NT

NT

0.50

0.50

24,898,850

0.00

N/A

NT

NT NT

1.88

1.63

125,005,250

0.00

N/A

NT NT

NT NT 10

0.50

0.50

6,650,000

0.00

N/A

3.05

2.76

194,700,000

0.00

N/A

2,706

2,003

10 10

0.05 49467

NT NT NT

2,033.00 17.92


A24 40

Business Courage

Monday, May 26, 2014

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Monday, May 26 , 2014

National Mirror www.nationalmirroronline.net

41

Law & Justice nationalmirrorlaw@yahoo.com

On no account should courts of law be hungry or have the gluttony for jurisdiction –Justice Niki Tobi, retired Justice of Supreme Court of Nigeria

Our Court of Appeal is weak, needs fresh legal minds, says Oditah 42

Chairman, National Conference, Justice Idris Kutigi

Sagay, SAN

National Conference: Sagay, others list expectations, recommendations As the ongoing conference gathers momentum, different shades of opinions and diverse interests represented at the conference are busy articulating their positions. Some notable lawyers offer their recommendations on the country’s constitutional development. KAYODE KETEFE, Assistant Head, Judiciary Desk, provides the aggregate view of lawyers on the issue.

Why Zik dragged FEDECO to court 45

Swiss court says Nazi salute ‘not always punishable’ 46

L

aw has been aptly recognised as a means of social engineering through which the plethora of conflicting interest could be resolved. The grundnorm of the law in any given society is the constitution. The present grundnorm in Nigeria is the 1999 Constitution (as amended) Incidentally, stakeholders have always found faults with Nigerian constitutions not only from the colonial era spanning the Clifford Constitution of 1922 to the Richard Constitution of 1946 but also that of the preindependence but internal self government of Littleton constitution of 1954. From the time of independence constitution of 1960, we have had till date the 1963 Republican Constitution, the 1979 Constitution which introduced the presidential system of government, the moribund 1995 Constitution (which was never operated) and the extant 1999 Constitution. All these constitution have attracted serious criticisms with peoples calling for various amendments to address

perceived problems. The agitations for the amendment of the 1999 Constitution for instance have been on almost as early as the time the constitution came into existence. These agitations, which have been varied, intense and sustained have already spawned two national conferences under the former President Olusegun Obasanjo and a prior constitution review and amendment processes by the National Assembly which had given rise to three amendments up till date. But these amendments are limited to minor electoral reforms and the historic incorporation of the National Industrial Court as a superior court of record in the constitution. But the areas being touted for amendment in the 1999 Constitution are large

and complex, they included creation of more states, devolution of powers, defining role for traditional rulers recognition of the six geo-political zones in the constitution, local government, fiscal federalism, amendment of provisions relating to amendment of the constitution; and boundary adjustment. Other areas are immunity clause, Nigeria Police, Judiciary, and Executive, rotation of executive offices, gender and special groups. It was therefore with huge relief people welcomed the idea of national conference announced by President Goodluck Jonathan, in his 2013 Independence Day broadcast to the nation. Despite all the hiccups and reservation expressed in some quarters the conference started in earnest and numerous stakeholders

NATIONAL CONFERENCE SHOULD

FASHION OUT A NEW CONSTITUTION, WHICH WILL THEN BE SUBJECTED TO A NATIONAL REFERENDUM

group are now busing canvassing their respective position, a measure now intensified now that the conference has just moved from the committee stage and re-convene the plenary session. A human rights activist and Senior Advocate, Dr. Olisa Agbakoba has recently given a recommendation on the conference, he said “I would readily adopt Dr. Alex Ekwueme’s recommendation that the new structure of Nigeria should be based on our six geo-political zones. I would further recommend massive devolution of powers from the central government to the state governments. This is called the principle of subsidiarity.” National Mirror sought the views of some lawyers on their expectations and recommendation for national conference and obtained a rich medley of views. A renowned scholar, Prof. Itse Sagay, SAN, who berated the lopsided nature of the federation and advocated for a national debate as a measure of redress, said “The funds in the Federation Account are generated by (i) oil and gas proceeds (Niger and Delta states). (ii) VAT (Lagos State) (iii) Customs dues (ports owning states and goods destination states) and CONTINUED ON PAGE 44


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Our Court of Appeal is weak, needs Fidelis Oditah is a learned scholar and visiting Professor at Oxford University, United Kingdom (UK). Having been appointed a Queen’s Counsel (QC) in 2003, he was elevated to the rank of Senior Advocate of Nigeria in 2004. In this interview with WALE IGBINTADE, he speaks on the need to appoint fresh legal minds into the Appellate Court Bench and proffers solution on the crisis in the Rivers State Judiciary among others. Excerpts: How do you see the face-off between the National Judicial Council, and the Rivers State government over the appointment of Rivers State Chief Judge? Normally, Chief Judges are appointed on the recommendation of the NJC. In this case, as far as I am aware the NJC recommended Justice Daisy Okocha as the acting Chief Judge for appointment as substantive Chief Judge being the most senior judge of the Rivers State High Court. To that extent, one cannot fault the recommendation. But, the Rivers State Government did not accept that recommendation as I understand it on the basis that Justice Peter Agumagu is senior to Justice Okocha. But, Justice Agumagu is the President of the Customary Court of Appeal which is not part of River state judiciary. His movement to the Customary Court of Appeal appears to be permanent. I do not see why the crisis which appears to have engulfed the Rivers State judiciary should have been allowed to engulf it. Assuming I am a judge and if I am appointed to the Court of Appeal, I cannot say that because I was appointed first before someone who has remained in the high court, I should then come back from the Court of Appeal to sit as the Chief Judge of the state high court. That is the extent to which I understand that issue. I believe that there is a case for the appointment of Justice Okocha to the extent that I understand the issue. It may be that Agumagu was on temporary secondment or that the Customary Court of Appeal is part the Rivers state judiciary and therefore when vacancy arises in the office of Chief Judge of Rivers State; it is possible to take the most senior person from either the Rivers state high court or the Rivers state customary court. Do you think NJC is justified by suspending Justice Agumagu? My understanding of the basis for the suspension of Justice Agumagu is that he allowed himself to be sworn-in purportedly as the Chief Judge of Rivers state. But, there is no doubt that the NJC has disciplinary jurisdiction over Justice Agumagu. I do not think anyone doubts that, but the question whether that disciplinary exercise should have been exercised in this particular case appears to be what has generated debate in the legal profession. I cannot sit here and second -guess; the NJC has not published the basis on which they have suspended him other than what we read in the newspapers, which is a reasonable inference to draw; that is for allowing himself to be sworn-in as a chief Judge. As a senior judge himself, he ought to know that the appointment of a chief judge is one of the recommendations of the NJC. It is not entirely a political exercise for the governor. I remember last year, Justice Joseph Oyewole of the Lagos

trust the executive who has the nominal right to make the appointment to do the right thing and not politicise the appointment process, appointment of the most senior person appears to be the most satisfactory or least problematic. It is not unreasonable as a general rule to appoint the most senior because we cannot trust the political actors to act with discretion and to do the right thing. What is the way out of River state judiciary crisis? The way out is to strengthen these institutions. You were here when President Bill Clinton was interrogated by the CIA and FBI as to his role in Monica Lewinsky affair. In England, cabinet ministers have been prosecuted; one is in prison as we speak for perversion of the course of justice. In Nigeria, the idea that a cabinet minister can be arrested is almost unheard of. That is not because the law provides any immunity for them; it is because our institutions are very weak. EFCC is in the pocket of the appointers. The Police misunderstand their role and they are not independent in any degree whatsoever. We must strengthen our institutions, without doing that we will continue to go in circle of hopelessness and the free fall of moral values.

Oditah

THERE IS NO CONSTITUTIONAL REQUIREMENT THAT THE CJN SHOULD BE THE MOST SENIOR JUSTICE OF THE SUPREME COURT High Court (as he then was) was recommended for appointment as a Chief Judge of Osun State. The state government was going to defile the NJC and sworn him in, but he urged for caution that they shouldn’t do that. That they should allow the person who was recommended by the NJC to be sworn-in and subsequently later he was elevated to the Court of Appeal. It is a good model for those who are similarly situated. I think in the interest of the dignity of the judiciary, we must all conduct ourselves with some decorum and not give the impression that we are desperate like politicians seeking power for its own sake. But, there are instances when the most senior judges are not appointed as heads of court. What is your view? There is no constitutional requirement for the appointment of CJ that it should be the most senior person. For the appointment of acting CJ, it is the most senior person who will act. In the case of the Court of Appeal, during the suspension of Justice Ayo Salami, Justice Adamu acted because he was the most senior Justice of the Court of Ap-

peal and having completed his two terms, Justice Zainab Bulkachuwa acted before she was recommended for appointment. I do not know the details surrounding the recommendation of Bulkachuwa as the president, but, I am aware that Adamu was recently queried by the NJC for some alleged misconducts. So, it is not entirely surprising that he was not recommended for appointment as the President of the Court of Appeal. I have often thought that the Chief Justice of Nigeria should not be the most senior Justice of the Supreme Court. There is no constitutional requirement that the CJN should be the most senior justice. In recent past, all the Chief Justices of Nigeria have been the most senior justices of the Supreme Court. Elias was the Chief Justice of Nigeria, but he was not the most senior justice of the Supreme Court. For example, the Chief Justice of America is not the most senior justice of the Supreme Court. Indeed, there are very few Chief Justices of America who are the most seniors of the court. But, in a place like Nigeria where the institutions are very weak, where our democracy is nascent and where one cannot

Do you think it is ethical for agencies like AMCON, NAFDAC to organise seminars for judges? I believe knowledge can be acquired from any source. The fact that someone has put a seminar together does not mean that judges should lose their independent. If I organised a civil congress submit and I invite judges to attend and learn about development in civil procedure and they attended; it doesn’t mean that when I then appear before those judges they should defer to me. But, that is my role as an advocate, if I were on the other hand a litigant, the position might be different. It is not sufficient for these judges to be independent, it is additionally necessary for them to be seen by the fly on the wall, the man on the street to be independent. It is in that context, that someone may feel some suspicion when a judge attends a conference organised by NDIC or by AMCON or by Customs. I believe judges who attend these conferences do not think that by attending they have surrendered their independence. I cannot think of an English judge attending a conference being organised by the National Crime Agency just for the purposes of education. Having said that, capacity building is important for judges. Judges are supposed to be sufficiently learned to be able to appreciate arguments presented before them. I have been a resource person at a Customs organised seminar for judges. Does that make them lose their independence? I don’t think so. But, should they have been organised in the first place? I


National Mirror www.nationalmirroronline.net

Law & Justice

Monday, May 26 , 2014

43

fresh legal minds, says Oditah don’t think so. It simply reflects the lack of quality and the lack of depth in some of those appointed as judges. There must be other for judges to acquire knowledge on a continuous basis for them to understand recent development. Judges everywhere attend seminars. I have presented paper at a conference attended by judges in England. It could be organised by the Bar Association, by the Company Law Committee and they attend and express views. I think that level of interaction is necessary, is desirable and it is healthy. What about the National Judicial Institute? It is to provide certain types of education but you have to remember that our judges are none specialist judges. So, the National Judicial Institute supposed to give them opportunity to continue to improve their legal knowledge. I know as a fact that the relationship between the court and arbitral tribunals in Nigeria has improved to a degree because of judges’ attendance at some of the conferences organised by different arbitral bodies in Nigeria, trying to emphasise on what should be the true relationship between courts and arbitral institutions. That has led to less intervention by judges in arbitral process. Having said all that, I think it is still an indictment because these judges before they were appointed ought to know what the true relationship should be between arbitral process and the court. Many judges who have no business being judges are being appointed as a result of lobbying. Not because they deserved to be appointed. You have a number of judges who absolutely are so weak and do not know enough to adjudicate over any dispute. They are not even good enough to be magistrates and some of them are in appellate court as well. Are you advocating that judges should specialise? I believe that the era of generalist judges is limited. There are certain

MANY JUDICIAL

Oditah

OFFICERS WHO HAVE NO BUSINESS BEING JUDGES ARE BEING APPOINTED AS A RESULT OF LOBBYING; NOT BECAUSE THEY DESERVED TO BE APPOINTED types of litigation for generalist judges but everywhere the movement in adjudication is towards the creation of specialist judges. If you appear before me on a company law dispute and having been practising company law for 30 years, I need not to write everything you’re saying, because I know what the statute provisions say. You can see that adjudication in that context becomes interactive. I don’t know of many revenue judges in any country, who have not been revenue lawyers before they were appointed. You cannot be appointed or allocated in England, for example, to do intellectual property if you have not done intellectual property in practice. You cannot be put in charge of a company’s court if you have no sound knowledge of chancery practice and of company law in particular. You cannot be put in charge of insolvency cases, if you have no sound experience of insolvency as a lawyer. Those are not things people expect you to learn by becoming a judge. In Nigeria, what you find is someone who is working in the Ministry of Justice pushing papers. Then get appointed as judges on complex law issues, even when you make all the technical submissions which are supposed to be very good but who is going to evaluate these submis-

sions, a person who has absolutely little or no knowledge about the subject area. I am not saying that there is no room for generalist judges. For example, in the case of crime and what I call routine high-street practice or general common law issues. But, when you are talking about specialist technical areas, we find that many of the judges have absolutely no idea of what is going on. That is why cases are unduly delayed because every point you make is written down because the judge does not know. The opportunity for them to get it wrong is greater. The fact that you don’t agree with a judge doesn’t mean the judge is wrong. But, more confidence will be instilled if the judge measured up to standard. You don’t expect to win all your cases, there is no advocate that wins all his or her cases but you do have a legitimate expectation that the tribunal you’re addressing is up to scratch. Unfortunately, in many cases throughout the length and breadth of this country, you don’t actually see judges who are up to scratch. Vast majority of them are generalist judges with no knowledge of the specialist area where they are called upon to adjudicate on very significant dispute. How do we address this issue when ascendancy to the apex court is mainly based on elevation from the lower courts? I think that in the past, there was more merit. I am not saying the past was completely based on merit but there was a significant element of merit in the system. So, we had people who are brilliant judges and were among the best lawyers. But that is not the case today. I don’t know of any senior advocate who is a judge, you might criticise the system that produces senior advocates but I believe that best litigation lawyers you find in Nigeria are still among the rank-and-file of senior advocates. I am not saying that all of them are very good, far from it, because I know many senior advocates who are first class

lawyers both as advocate and as intellectuals. There is a significant number of lower class, second class, third class at all levels of appellate courts in the system. Then you ask yourself, if someone has third class, unless in exceptional circumstances which affected them and they later develop some genius in life. Sure, a country of 17O million people can do better than that. When you have a large number of people with weak degrees and there is no evidence that they have become more able than they were when they were leaving universities and you ignore people who have shown ability and brilliance all the way because they have not lobbied, that system cannot be progressive. It is like saying you’re going to the Olympics and you’re instead of taking your fastest runners, you have taken people who have lobbied. You don’t expect to come back with any medal. I believe there is an urgent need to introduce external talents into the Supreme Court and recruit from the rank of senior advocates and perhaps a few academics. But, the idea that it is only the Justices of the Court of Appeal who can be elevated to the Supreme Court is entirely conceited. I think it is conceit on the part of people in the Supreme Court and perhaps on the part of the NJC to assume that the best people to sit in the Supreme Court can only be found in the rank-and-file of Court of Appeal Justices. I think it’s conceit and it does the nation a lot of disservice and injustice and trivialises the role of the final court, you should have the finest in your final court. There is an urgent need to reinforce the Supreme Court and of course, the Court of Appeal is extremely weak and need to be reinforced as well. But, of the greater moment is the Supreme Court which is the final court. We are concerned about the continuous resistance of the Supreme Court to have among the rank of Supreme Court Justices from the rank of senior advocates and from the ranks of distinguished academics.


44

Law & Justice

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National Mirror www.nationalmirroronline.net

‘Set time limit for criminal cases, electoral matters’ (iv) companies and income taxes (federal, but generated in states hosting companies). So the Federal Government collects all these moneys and releases a tiny fraction back to its true owners at monthly classroom sessions at Abuja. This is a reversal of federalism and an effective operation of a unitary system. The country will never develop as long as this eccentric system is sustained. “How can this situation be corrected and how can federalism be re-introduced into Nigeria? The only way is by a national conference which will fashion out a new constitution, which will then be subjected to a national referendum. That is the only way forward for Nigeria to eliminate its current tensions, existential crisis and the dark pall over its future.” A lawyer and now a delegate at the conference, Chief Mike Ozekhome, SAN, recommended more devolution of powers to the state. He said “Under a good federal system, there should be total and complete resource control by the regions. Formerly, each region controlled 50 per cent of its natural resources, 25 per cent was paid to the Federal Government while the remaining 25 per cent are shared by the states. Thus, a state producing the resources which had already got 50 per cent would get additional percentage from the shared 25 per cent. Today, you want the people of the South-South to dance egbabonalimi dance or mpokiti and atilogwu dance for being given 13 per cent of their own natural resources. The various Premiers of Nigeria used in the first republic to develop their respective regions. It is resources of the Western Region that the late sage, the brilliant and mercurial Chief Obafemi Awolowo used to develop the South West. He gave the Yoruba people free education at all levels. There are too many things the Federal Government is involving itself with that should be left for the states to control.” A former Second Vice - President of the

Agbakoba, SAN

Ozekhome, SAN

Akiyode-Afolabi

THERE ARE TOO MANY THINGS THE FEDERAL GOVERNMENT IS INVOLVING ITSELF WITH THAT SHOULD BE LEFT FOR THE STATES TO CONTROL Nigerian Bar Association, Mr. Adekunle Ojo, said “Let me say that the present constitution we have has failed to meet up with the expectations of the people. What I would suggest for those that are there is that, the objectives of the constitution that are not justiciable should be looked into it and makes them justiciable so that we can go far in the country. As it were now education becomes the principle that government must pursue, health becomes principle that government must pursue, employment is a principle that government must pursue. But these are yet justiciable until an average Nigerian can insist that he is entitled to education and he prosecutes it in court and he is able to get justice then we can say we have a better society.”

A Lagos-based human rights activist, Mr. Bamidele Aturu, said “If the constitution is going to be amended at all, what need to be done is to remove the right of interlocutory appeal in criminal matters. There should not be right to interlocutory appeal. A matter should be concluded and every act of appeal should be taken to the Court of Appeal. Secondly, there should be time limit for criminal cases and electoral malpractices. We must also go back to Chapter 2 and make many of the provisions justiciable if not all” The Executive Director of Women Advocate Research and Documentation Centre, (WARDC), Dr. Abiola Afolabi-Akiyode, said the present constitution needed a lot of reforms to make it a truly peopleoriented modern constitution.

She said, “The constitution is supreme and it exists for the protection of all and the validity of a law is resolute to the extent that the constitution permits. We have raised the fact that the gender deficiencies in the constitution are enormous and any serious review should take into consideration the clamour by gender activists for a more people-oriented constitution. “The constitution confers validity on cultural or religious norms that are sex- discriminatory, for example, section 29 says every woman who is married is an adult in a country where there is evidence of child marriage. The other quick example that comes to mind is the contradiction in section 42 (1) of the constitution which guarantee right to equality without any form of discrimination and 42(3) which permits discrimination in respect to appointment of any person into the armed forces, Nigerian Police Force or an office in the service of a body corporate established directly by the law, women have been made to suffer this proviso more than men.”

LEGAL TIPS

Bar

Jokes

Cross examination

Whose profession came first ? A doctor, a lawyer, and an engineer are going out golfing. They are trying to decide whose profession came first. The doctor says, “My profession came first because when God removed Adam’s rib he performed surgery.” The engineer then says, “No, no, no. When the earth was dark and void God created light. That was engineering.” The lawyer says, “You’re both wrong.” The doctor and engineer reply, “Oh yeah? What makes you think yours came first?” The lawyer replies, “Where do you think the darkness came from?” Culled from Jokes about .net/lawyers

A lawyer is cross-examining a doctor on the stand about whether or not he had checked the pulse of the deceased before he signed the death certificate. “No,” the doctor said, “I did not check his pulse.” “And did you listen for a heartbeat?” said the lawyer. “No, I did not,” said the doctor. “So,” said the lawyer, “when you signed the death certificate, you had not taken steps to make sure he was dead.” The doctor, having enough of the lawyer’s ridicule, stated, “Well, let me put it Culled from lots of jokes.com and lawthis way. The man’s brain was in a jar on yers jokes.com my desk, but for all I know he could be out practicing law somewhere.”

Abuse of ex-parte injunctions Generally, an ex-parte injunction is a judicial remedy used by a court to preserve the subject-matter of a case before it. *Its essence is to maintain the status quo, pending when a dispute or an issue before the court is finally determined. *Where an injunction is granted ex parte, it implies that only one of the contending parties applied and attended court when the order was granted. Usually, it is granted only for an interim period, say, for seven days pending when a proper application, for which notice has been given to the other

party, is determined by the court. *It should be noted that in the Federal High Court, ex-parte order can only last for two weeks, provided one applies to vacate the order. *Generally, the grant of ex-parte order appears lopsided and contrary to one of the hallowed principles of natural justice: audi alteram partem, encapsulated in section 36 of our 1999 Constitution as fair hearing. *This provision requires, amongst others, that both parties to an action must be duly heard before a verdict is reached

by the court. There are, however, instances where ex-parte orders are necessary, to preserve the ‘res’. *A judge must exercise discretion in ensuring that an ex-parte order balances the justice of each case and not to use it as an ultimate weapon of oppression on the other side. *In effect, a judge should guard against abuse of the grant of exparte order. Written by Francis Famoroti, Head, Judiciary. We welcome feedback and reactions from readers via our e-mail: nationalmirrorlaw@yahoo.com


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Law & Justice

Monday May 26, 2014

45

Why Zik dragged FEDECO to court Ahead of the 1979 presidential election, the defunct Federal Electoral Commission (FEDECO) had sent a signal to the world that the presidential candidate of the Nigeria Peoples’ Party (NPP), Dr. Nnamdi Azikiwe, evaded tax payment in 1976/77. Aggrieved, the late elder statesman headed for the court over the issue. FRANCIS FAMOROTI, Head, Judiciary recaptures the proceedings.

FAMOUS CASES

N

igeria’s first President, the late Dr. Nnamdi Azikiwe was a vigorous champion of African independence from European colonial rule. He presided over a democratic government that was in power for a mere three years before the regional tensions that have marked the country’s politics ever since led to the first of many military coups. As a political scientist, journalist, and Nigeria’s elder statesman, Azikiwe towered over the affairs of Africa’s most populous nation, attaining the rare status of a truly national hero. Indeed, he was widely revered as the ’’ Zik of Africa.’’ He was the presidential candidate of the defunct NPP in the second Republic while the Chairman of the party was the late Chief Adeniran Ogunsanya, an Ikorodu indigene in Lagos and his close ally. As Azikiwe was mapping out his campaign strategy like the other four presidential candidates at the time, he received a letter from the then Chairman of the FEDECO, Chief Michael Ani, on April 18, 1979, informing him that on the basis of the defect in his tax particulars, the commission was unable to recommend him to the Supreme Military Council (SMC), Supreme Headquarters, Dodan barracks, Lagos, for additional security coverage. Within that period, the FEDECO chairman also granted media interview on the issue and a number of leading newspapers in circulation published screaming headlines such as ‘’Zik did not pay tax in 1976/77 year-FEDECO boss ’Zik evaded tax in 1976/77 says FEDECO Chief ’’. This development worried the NPP leadership, which insisted that the statement was prejudicial to Azikiwe’s interest as a presidential candidate in the impending 1979 elections. The FEDECO boss was however later quoted to have pointed out that Azikiwe was not yet disqualified from contesting the elections since nomination papers were not yet filed. Ani was purportedly acting on the basis of Section 72 of the Electoral Decree 1977. He had come to the inescapable conclusion that Azikiwe did not pay his tax during 1976/77 tax year and therefore did not comply with all the conditions set out in section 72 of the decree. This position angered Azikiwe and other leaders of the NPP, prompting the party’s flag bearer to proceed to the Anambra State High Court.

Late Azikiwe

In a suit filed by the Azikiwe against FEDECO, he sought a declaration that he had fully paid his income tax for the financial year 1976/77, 1977/78 and 1978/79 as it became due and in accordance with the tax law of Anambra State . The NPP leader further prayed the court to declare that on true construction of section 72(1) and 72(2) of the decree; No 73 of 1977, he had fully paid his tax for the said years as and when due. Besides, Azikiwe contended that he had recourse to redeem his good name and image by seeking redress in court because Ani made a press statement to the media concerning the issue on April 20, 1979, barely two days after writing him on the defect in his tax particulars. It was his position that tax issue being a very secret and confidential matter should not have been divulged by the FEDECO boss to the whole world until he had enough proof that he was tax defaulter. The matter came before the state Chief Judge, Justice Emmanuel Araka. But FEDECO’s counsel, one Mr.Soetan argued that the court should not grant the declaration sought by Azikiwe because no one had an enforceable right to extra security coverage. The counsel had also submitted that the issue who amongst the presidential candidates deserved to be given extra security coverage by FEDECO should not be the subject matter of any court action. In the judgement, which restored

Late Justice Araka

THE COURT RESTORED AZIKWE’S HOPE AND DECLARED THAT IT WAS A MIS-

STATEMENT OF FACT THAT HE PAID NO TAX AT ALL DURING THE

1976/77 FINANCIAL YEAR Azikiwe’s hope, the court assumed jurisdiction over the matter and declared that it was a misstatement of fact that he paid no tax at all during the 1976/77 financial year. According to Justice Araka, ‘’the total amount of dividends paid by the plaintiff for the 1976/77 year was also clearly stated by the Assessment Authority in the assessment notice Exhibit C served on the plaintiff.’’ Pointing out that in Ani’s statement Exhibit V, he made categorical statement that Azikiwe paid no tax at all during 1976/77, the judge pointed out that a quasi-judicial official who had not closed an issue before him but was rather claiming for more evidence of payment of income tax should have been so categorical in his statement that no tax

at was paid in the 1976/77 financial year. Justice Araka said ‘’ there is also the misinterpretation of section 72(1) and (2) by the FEDECO which ought also to be a good ground why the court should exercise its discretion to make the order for declaration sought for in favour of the plaintiff.’’ “It is my view that FEDECO was stepping outside its jurisdiction when it started to decide which of the presidential candidates should or should not be given extra security coverage and it thereby put itself outside the contemplation of the electoral decree.” The court asked FEDECO to always seek good legal advice on various sections of the decree and stated further that even though the new 1979 Constitution reproduced all the essential qualifications for candidates to elective offices, it made no provision whatsoever for tax qualification. “After 1st October 1979 when the new Constitution comes into force it might be argued that the tax qualification in the Electoral Decree is repugnant to the new Constitution. On the whole, the plaintiff is entitled to an order for declaration under the two heads of his claim.’’ Accordingly, the court granted the declaration sought against FEDECO. Azikiwe eventually contested the election but lost like three other presidential candidates to Alhaji Shehu Shagari of the defunct National Party of Nigeria (NPN).


46

Law & Justice

NEW ORLEANS

BP wants Supreme Court to hear claims issue

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ritish Petroleum Plc, (BP) has resolved to approach the U.S. Supreme Court to decide whether businesses must prove they were directly harmed by the 2010 Gulf of Mexico oil spill to collect payments from a 2012 settlement. The announcement came after judges of the 5th U.S. Circuit Court of Appeals voted 8-5 against reconsidering the issue. A report by ABC News said that a three-judge panel of the circuit court in March had upheld a district court ruling that businesses did not need to prove direct harm. BP initially estimated it would pay roughly $7.8 billion to resolve spill claims. The company later said the claims administrator was misinterpreting the settlement in ways that could add billions of dollars worth of bogus or inflated claims and it could no longer estimate the deal’s ultimate cost. “No company would agree to pay for losses that it did not cause, and BP certainly did not when it entered into this settlement,” the company said in a news release. BP also said it would ask the 5th Circuit to keep the current freeze on claims payments in place until the Supreme Court considers the issue. There has been no dispute that some Gulf Coast businesses, including those that were

tourism-based and fisheries-related interests, lost money because of oil on beaches or the closure of fishing waters after the spill. However, BP argues that the claims administrator’s interpretation of the 2012 settlement, using pre- and post-spill revenue and expenses, has led to unwarranted claims from businesses with losses that cannot be linked to the spill. Examples cited by the oil giant — and in a strongly worded 5th Circuit dissent by Judge Edith Brown Clement — include a wireless telephone company that burned to the ground and an RV park that closed before the spill. Clement, in her dissent, said the majority ruling upholding such claims made the court “party to this fraud.” BP cited that dissent in its news release announcing plans to seek Supreme Court review. “The dissenting opinions emphasize that the issues raised by BP ‘present questions of exceptional importance,’ reflect a deep divide in approaches among the federal appellate courts, and merit Supreme Court review. The oil spill resulted from the April 20, 2010, explosion of BP’s Deepwater Horizon rig off the coast of Louisiana. The explosion killed 11 workers and resulted in the worst offshore spill in U.S. history.

National Mirror www.nationalmirroronline.net

Monday May 26, 2014

Swiss court says Nazi salute ‘not always punishable’ GENEVA

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witzerland’s top court has ruled that a Nazi salute is not illegal racial discrimination provided it’s intended as a personal statement. The Federal Tribunal’s ruling, titled “Hitler salute in public not always punishable,” said the gesture is a crime only if someone is using it to try to spread racist ideology to others, not simply declaring one’s own conviction. A report by AP says that, the ruling by the Lausanne-based court overturned a lower court’s conviction last year of a man who was charged with racial discrimination after he took part in an August 2010 demonstration with 150 participants. The demonstration was held a week after the Swiss National Day on the famous Ruetli Meadow above Lake Lucerne where, according to legend, the modern

Swiss Confederation was born in 1291. The court said the man substituted the Swiss oath with a 20-second Nazi salute. But it said the gesture is only punishable if it’s being used to spread, advertise or propagate racist ideology with the intention of influencing others. The gesture is a criminal offense in Germany, Austria and the Czech Republic. A Swiss antiracism law in 1995 forbids racist symbols to be displayed to promote racist ideologies. For more than a decade, the Swiss have grappled with right-wing extremists disrupting Swiss National Day celebrations on Ruetli with Nazi symbols. The August 2010 incident occurred two months after the Swiss Federal Council of seven ministers, including the president, decided not to ban the Nazi salute and swastika symbol in Switzerland. A federal anti-racism commission called that

Swiss President, Didier Burkhalter

a bad decision that would have “serious consequences.” In another ruling on racial issues, the court said earlier this year that calling someone “foreign swine” or “filthy asylum seeker” may be insulting, but because the expressions are widely used insults in the German language, they don’t constitute racist attacks.

Japanese court rejects start-up of two nuclear reactors TOKYO

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Japanese court has refused to let two nuclear reactors restart operations in western Japan, saying their risk assessment is too optimistic and safety measures insufficient despite lessons from the Fukushima disaster. The denial by the district court in Japan’s nuclear hub of Fukui is the first since the crisis and comes as

Japanese Prime Minister, Shinzo Abe

some Japanese reactors are in the final stages of safety screening before a restart, and plaintiffs and their antinuclear supporters say the court ruling could sway local acceptance. A report by AP stated that antinuclear sentiment and the public’s distrust to utility operators and authorities have persisted since the 2011 meltdowns at the Fukushima Dai-ichi nuclear power plant, which caused more than 100,000 people to leave homes nearby due to radiation. All 50 workable reactors have been idle for repairs or safety checks since then, except for the two Ohi reactors, No. 3 and No. 4, which temporarily resumed operation in 2012-2013 as an exception decided by the government to curb a summertime power crunch. Eighteen of the 50 reactors were said to have applied for safety checks to qualify for a restart. Judge Hideaki Higuchi said the quake estimates for the reactors are too optimistic and the emergency safety measures and backups to se-

cure the key cooling systems remain insufficient. The triple meltdowns at Fukushima were caused by the failures of the reactors’ cooling systems after external power and backup generators were destroyed by the March 11, 2011, earthquake and tsunami. Yuichi Kaido, a lawyer representing the plaintiffs, told a news conference he hoped the “sensible” court ruling would boost a phase-out of nuclear power in Japan. About 30 lawsuits against nuclear plants and utilities are pending nationwide, NHK public television reported. Nuclear Regulation Authority Chairman Shunichi Tanaka said the ruling doesn’t affect ongoing safety checks. “We make a decision whether a reactor meets the current standard solely based on science and technology. After that, a decision is not ours,” Tanaka said, meaning the start-up is a government decision.

I couldn’t just speak -Oyebade M y first appearance before the judge was when I was serving as a corps member. I appeared before a judge in Akwa Ibom State High Court, on a civil matter. In fact, I know what happened that day, I realised that after I pronounced my name as counsel representing my client, I couldn’t

just speak on again, I mean I was silent and my lips were just moving without voice coming out of it, I just found it difficult to voice out. It was after a few minutes that I was able to put myself together by starting to pronounce my appearance again before the court that I was able to address the court. I can never forget that

day in my life; it was a rough experience for me. There is a saying in the legal profession that your certificate is not only mean to get money, but a learner’s permit for you to learn. After learning over time, I have overcome the fear. I think I can appear before any judge now without fear.

Gbadebo Oyebade


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47 47

Monday May 26, 2014

Community Mirror I call on Gen. Abdulsalami Abubakar to invite Gen. Theophilus Danjuma, Alhaji Shehu Shagari, Gen. Ibrahim Babangida, to come together and help the North end the scourge of Boko Haram in the next three months. GOVERNOR OF NIGER STATE ….. BABANGIDA ALIYU

NEMA calls for redesigning of schools to save children DARE AKOGUN

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he National Emergency Management Agency, NEMA, has called for the redesigning of all schools to create

emergency resilient institutions for the safety of the vulnerable children. The South West Zonal Coordinator of NEMA, Alhajai Iyiola Akande made the call while delivering relief materials to the staffs

and management of the Unity College, Ikire, Osun State stated that non-disaster resilient schools not only kill or injure children, but the damage of the physical infrastructure can be a substantial burden on the

economy. The Coordinator recounted how mysterious fire disasters destroyed two hostels of the school within two days with traces of acts of mischief as observed during the NEMA ‘Need

Assessments’ of the disaster immediately. He appealed that there is need for authorities to to get safer school construction right the first time around. He pointed out that aside from saving lives, sustaining economics and minimizing harms to students, teachers and school personnel are important. “Perimeter fencing and professional security guards are important to mitigate the vulnerability of the schools and the students” he said. In a related development, the Director General of NEMA, Alhaji Muhammad Sani-Sidi, has ordered direct transportation and distribution of relief materials to affected disaster communities and victims in order to fast track prompt access to the relief materials by NEMA offi-

cials. The South West Zonal Coordinator of NEMA made this known at the direct distribution of relief materials to victims of Hail storm disaster which affected over five hundred (500) houses. The Director General, according to the Coordinator, made the directive due to undue delay of provision of succour to the victims of various disasters in many states and Local Government Areas. Alhaji Akande, went further on the reason why the Director General gave the directive that relief materials are kept in those warehouses for months because of lack of logistics and other bureaucratic bottlenecks associated with normal civil service protocols which do not go in line with emergency management.

Firm grants NANS 10 automatic employment slot DARE AKOGUN Women and their children during the inauguration of the 2014 Maternal, Newborn and Child Health Week at Lalaifido in Shongom Local Government Area of Gombe State, yesterday.

Boat mishap: Widow asks in-laws to produce her children WALE IGBINTADE

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rs. Feyi Akere , the widow of Isaac Akere, the man who died in the Ikorodu boat accident along with his fiancée, Foluke, has accused the family of her late husband of abducting her two children. Isaac and his fiancée, Foluke, were among the people that died after a commercial boat belonging to Bell Marine Services, capsized on the Majidun River. Mrs. Akere, while addressing a press conference at the weekend alongside her lawyer,

Mr. Debo Olufeko, alleged that the family of her late husband forcefully abducted her two children to an unknown destination. She said after the unfortunate demise of her husband, the family allegedly prevented her from seeing her children, insisting that the action of the family was wrong. But, the family had earlier insisted that their late son divorced Feyi before his death and exhibited a divorce judgment to that respect. But, the widow’s lawyer, Olufeko, in a swift reaction faulted the process that led to the di-

vorce judgement. According to him, the final process of the divorce was completed 23 days after the death of Isaac Akere. He said: “You see, a divorce process is not complete with the mere divorce judgment. You must get ‘a decree nissi and order absolute’ to complete the process. Now, the question is this, was it the dead Isaac Akere that went to get the order 20 days after his death? This shows the level of desperation on the part of the family. Marriage is a personal thing and nobody can complete the process of divorce on behalf of

either of the husband or wife.” He further said that his client was never served with court summons, hence had no opportunity to attend court proceedings. “Apart from the fact that the first judgment was a deception because my client was not served, this order cannot stand in law. I have filed an appeal to set aside both the judgment and in the eyes of the law, my client is still the legal wife of the late Isaac Akere. “As at now, we don’t know whether the children are alive or not and my client is seriously concerned about the safety of her children,” Olufeko declared.

T

he Chief Executive Officer of Novena Engineering Services Nigeria Limited, Engineer Lekan Omojowo, has offered the National Association of Nigerian Students, NANS, 10 automatic employments slots in his company anytime they were prepared to take the appointments. Omojowo made this promise during the presentation of an award to him by the Students, as the philanthropist of the year 2013 in Abuja, the Federal Capital Territory, FCT, the recently. Presenting the award NANS Vice president, Comrade Dorcas Abogunde, affirmed that the student decided to confer the award on him after assiduously monitoring

his track records as a philanthropist with a special heart for the youths, and also the fatherly role he has been playing in awarding brilliant students full scholarship as well as serving as mentor to majority of the youths as an Entrepreneur of International repute. In his acceptance speech Omojowo, thanked the students and assured them that he will not relent in providing the mentorship and general contributions to the cause of the Nigerian student. He admonished the students to always ensure that they were good Ambassadors of the youths wherever they go, just as he enjoined the students to also remember to pay more attention to their primary assignments which according to him is of utmost importance.


48

South South

Uduaghan dedicates Children’s Day, Democracy Day to prayers …pays tribute as Dungs is buried

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his year’s Children’s Day and Democracy Day in Delta State will be dedicated to prayers for Nigeria with Governor Emmanuel Uduaghan leading children to a “Delta children pray for Nigeria” programme on Tuesday. Similarly, May 29 will be devoted to an inter-denominational service of thanksgiving, fasting and prayers. These activities are part of the programme for the celebration of this year’s Democracy Day in Delta State unveiled in Asaba by the Chairman of the Planning Committee, Chike Ogeah. Uduaghan, along with his wife, Roli, will tomorrow host children to a special prayer session at the Unity Hall, Government House, Asaba. Special prayers will also be offered for the safety and release of the Chibok Girls and for peace in Nigeria during the session. Uduaghan had stated that the traditional march past by children will be replaced by the “Delta children pray for Nigeria” programme in Asaba and all the local government headquarters in the state. The Democracy Day inter-denominational service will be conducted by clergymen with Rev. Fr. Mario David Dibie as guest speaker. According Ogeah, who is also the Delta State Commissioner for Information, the service will also feature a presentation of scorecard by Uduaghan. The May 29 event will be preceded on Wednesday by a dinner with the leaders of all political parties in Delta State. The governor had earlier set up a seven-man planning committee for the Democracy Day events with Ogeah as chairman. Other members of the committee are the Commissioner for Culture and Tourism, Richard Mofe-Damijo; Senior Special Adviser to the Governor on Religious Affairs, Rev. Godspower Agbuduta, and Special Adviser on Mobilisation, Mrs. Faith Majemite. The rest are the Special Adviser on Labour Relations, Mike Okeme; Special Assistant on Education Monitoring, Mrs. Rhoda Ikede.

Monday, May 26, 2014

National Mirror www.nationalmir-

Niger Delta demands regional autonomy, confederacy

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he Niger Delta region, comprising Edo, Bayelsa, Rivers, Cross River, Akwa Ibom and Delta states, yesterday demanded regional autonomy and confederacy. The region said that a new constitution to be drawn up by the ongoing constitutional conference must be premised on regional autonomy or confederalism. The United Niger Delta Energy Development Security Strategy, UNDEDSS, a coalition of civil society and ethnic nationalities of the region presided over by

Prof. Pat Utomi, stated this in a statement. The group, in the statement signed by its Secretary, Mr. Tony Uranta, also said that it would not succumb to any regime change without the consent of Nigerians. The group said: “It is becoming clearer, observing the national conference play out by the day, that certain forces of feudalism and stagnation are fixated with perpetually entrenching this status quo of corruption, injustice, inequity, regression and murderousness on the Nigerians. “We the leaders and

peoples of the Niger Delta hereby declare unequivocally that we will resist any attempt to bring about regime-change by any means outside the extant electoral laws of Nigeria, and will settle for nothing less than the creation of a new constitution for Nigeria, where confederalism/regional autonomy is enthroned. “The Niger Delta will shortly commence a restoration agenda that will trigger parallel non-violent actions to make it clear that its resources all belong to it, though it is prepared to pay a tax (maybe, up to 50 per cent to the centre).

“A restoration agenda that rejects all obnoxious extant laws, such as the National Inland Waterways and Land Use Acts as they are presently promulgated; a restoration agenda that will actively resist any attempt to dislodge duly elected authority, using illegal, violent or regressive modus operandi; and a restoration agenda that will not allow the Niger Delta be part of a Nigeria that is not premised on the justice, equity, peace, and progress of Regional Autonomy.” Speaking with journalists, Uranta lambasted some northern leaders on

L–R: Executive Secretary/CEO, National Institute for Cultural Orientation, Abuja, Dr. Barclays Ayakoroma; Bayelsa State Deputy Governor, Rear Admiral John Jonah (rtd); exhibitor, Patience Torlowei and Bayelsa State Commissioner for Culture/Ijaw National Affairs, Dr. Felix Tuodolor, during the send-forth off of the award winning dress ‘Esther’ to the Smithsonian National Museum of African Art in Washington DC, USA, in Yenagoa, at the weekend.

their position concerning the confab. “Apparently, some northern leaders, for example, do not believe in the genuineness of purpose on the part of the chief convener of the conference; rather they have taken the view that it is a ploy by the President ‘to confiscate all revenue accruing from oil exploitations’ for the Niger Delta without going through the process of constitution amendment; and, the North clearly believes that the present structure of quasifederalism should remain. In other words, that Nigeria should maintain the status quo. “Well, everybody has a right to his or her opinions, but, the Niger Delta knows that Mr. President has only altruistic objectives regarding the conference, and, that Nigeria is in dire need of a holistic restructuring; just as the Niger Delta applauds national conference delegate, Ms. Annkio Briggs’ decision to distance herself from the devolution committee report that showed no progressive thought; and hereby serves notice that it will reject in its totality any developmental policy or constitutional structure that would attempt to make states/zones/regions develop at the same pace, without due regard to their human.

…want full employment THEOPHILUS ONOJEGHEN WARRI

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jaw group, Egbema Gbaramatu Graduates Employment Front, EGGEF, has rejected Chevron Nigeria Limited recently allotted Ogere Vocational Training Programme, expressing displeasure with the manner the job slot was shared. The group demanded that Egbema Gbaramatu indigenes that took part in the interview should be admitted into the proposed training to assuage the alleged marginalisation of the Ijaw people in its previ-

ous exercise by the oil multinational. EGGEF, in a statement made available to journalists at the weekend by the Chairman, Mr. Moses Yabrade and Secretary, Mr. Asoki Victor, its members rejected the slot to protest perceived marginalisation by the oil giant since the programme started. The statement reads: “Chevron has conducted over five vocational training programmes, VTP, at Ogere and abroad during the millennium and have trained over 500 personnel for employment with the entire Egbema and Gbaramatu, constituting less

than 20 persons of the said figure, which is less that 0.5 per cent on the average, not to mention the fact that only 10 persons from Egbema and Gbaramatu extraction have been employed by Chevron direct job openings over the years. “It is also on record that we are very much underemployed in labour and casual jobs that do not need any serious qualification, not to mention the fact that we do not have anybody in the managerial level of Chevron system despite the fact that some of our personnel have proven themselves worthy of such position because they pulled the

company through and sustained its daily operation during the Warri crisis.” They alleged that the Ijaws have been marginalised, deprived and shortchanged since the inception of the programme, adding that the hardship facing Ijaw communities was caused by oil and gas exploration and exploitation operation by Chevron and other oil companies operating in their lands. The statement maintained that it was also a fact that they were absolutely underemployed by Chevron over the years, leading to a crisis situation in 2012, where all Egbema

and Gbaramatu graduates resolved to shut down Chevron operations, but for the quick intervention of the elders, kings, and regional development committees that prevailed on them. It wondered why Chevron had ignored all agreements reached in the past to correct the alleged marginalisation of their people. The group, therefore, urged Chevron to address the lopsidedness in the employment of over 500 workers to manage the EGTL Plant and other facilities through Ogere and Chevron direct employment.


Monday, May 26, 2014

National Mirror www.nationalmirroronline.net

49

World News

I will never recognise Russia’s occupation of Crimea. – UKRAINE PRESIDENTIAL HOPEFUL, PETRO POROSHENKO

Pope Francis prays at Bethlehem wall, calls for Middle East peace PAUL ARHEWE

WITH AGENCY REPORTS

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ope Francis made a surprise stop yesterday at the wall Palestinians abhor as a symbol of Israeli oppression, and later invited presidents from both sides of the divide to the Vatican to pray for peace. In an image likely to become one of the most emblematic of his trip to the holy land, Francis rested his forehead against the concrete structure that separates Bethlehem from Jerusalem, and prayed silently as a child holding a Palestinian flag looked on. He stood at a spot where someone had sprayed in red paint “Free Palestine”. Above his head was graffiti in broken English reading: “Bethlehem look like Warsaw Ghetto”, comparing the Palestinians’ plight with that of the Jews under the Nazis. Such imagery seemed likely to cause unease among Israel’s leaders, who say the barrier, erected 10 years ago during a spate of Palestinian suicide bombings, is needed to secure its security. Palestinians see it as a bid by Israel to partition off territory and grab land they want for their future state. On the second leg of a threeday trip to the Middle East, Francis delighted his Palestinian hosts by referring to the “state of Palestine”, giving support for

their bid for full statehood recognition in the face of a paralyzed peace process. But, speaking at the birthplace of Jesus in the Palestinian-run city of Bethlehem in the Israeli-occupied West Bank, he made clear that a negotiated accord was needed, calling on leaders from both sides to overcome their myriad divisions. Francis invited the Israeli and Palestinian presidents to come to the Vatican to pray for an end to the enduring conflict, just a month after the collapse of

U.S.-backed peace talks. “In this, the birthplace of the Prince of Peace, I wish to invite you, President Mahmoud Abbas, together with President Shimon Peres, to join me in heartfelt prayer to God for the gift of peace,” the Pope said at an openair Mass in Bethlehem. Peres and Abbas both accepted the invitation, their respective staff said. Palestinian official Hana Amira said the encounter would take place on June 6, just under two months before the veteran Israeli leader

leaves office. But it seemed unlikely that Peres would receive any mandate from Israeli Prime Minister Benjamin Netanyahu to negotiate with Abbas on renewing direct talks. Netanyahu has said Israel would not consider resuming the negotiations unless Abbas reneged on a unity pact with Hamas, one of its most bitter enemies which rules in Gaza. Abbas has said a new government envisaged by the accord would be committed to peace.

I

President Barack Obama secretly slipped into Afghanistan under the cover of darkness yesterday for a weekend visit with U.S. troops serving in the closing months of America’s longest war. Air Force One landed at Bagram Air Field, the main U.S. base in Afghanistan, after an overnight flight from Washington. Obama was scheduled to spend just a few hours on the base and had no plans to travel to Kabul, the capital, to meet with Hamid Karzai, the mercurial president who has had a tumultuous relationship with the White House. Obama’s surprise trip came as the U.S. and NATO withdraw most of their forces ahead of a year-end deadline. Obama is seeking to keep a small number of U.S. troops in Afghanistan beyond 2014 to train Afghan security forces and conduct counterterrorism missions. But that plan is contingent on Karzai’s successor signing a bilateral security agreement that Karzai has refused to authorize.

Malawi court blocks President Banda election annulment

Pope Francis touching the wall that divides Israel from the West Bank, on his way to celebrate a mass in Manger Square next to the Church of the Nativity, believed by many to be the birthplace of Jesus Christ, in the West Bank town of Bethlehem, yesterday. Photo: AP

Al-Shabaab attacks Somali parliament in Mogadishu

slamist militants from the al-Shabaab movement have attacked the Somali parliament in Mogadishu, leaving at

WORLD BULLETIN Obama makes unannounced visit to US troops in Afghanistan

least 10 people dead. Explosions and gunfire were heard and witnesses reported seeing bodies.

Security forces returned fire as the militants attacked the front of the parliament building, yesterday. Photo: Reuters

Somali police were joined by African Union troops as they engaged the attackers. Al-Shabaab, which is linked to al-Qaeda, once controlled large areas of Somalia but was pushed out of major cities in 2011 and 2012. However, it is still able to mount complex attacks. It has frequently targeted the UNbacked parliament. A car bomb exploded outside the gates of parliament shortly before midday local time (09:00 GMT), followed by more blasts and bursts of gunfire. The attackers then stormed the front of the parliament

building as security forces fired back. “Fighting is going on inside the parliament building and we are fighting rebels inside the building but we evacuated members of parliament,” Col Mahamed Dahir said. At least four police officers and several militants were reported killed. Eyewitnesses saw a number of bodies in military fatigues but could not confirm whether they were members of the security forces. Two MPs were reportedly wounded in the attack as they were taken out of the back of the building.

Malawi’s High Court has rejected a decision by President Joyce Banda to annul this week’s general election - in which she was a candidate. Ms Banda had earlier said Tuesday’s vote had been marred by rigging, multiple voting and computer-hacking. She said a new vote should be held within 90 days but she would not stand again in any new poll. However, the head of the electoral commission said the president did not have the power to annul the vote. The High Court made its ruling after the commission said that despite problems involving the electronic count the poll remained valid and vote-counting would go on.

Thai protesters test military’s resolve Thailand’s military tightened its grip on power yesterday as it moved to quell growing protests, saying anyone violating its orders would be tried in military court. It also took its first steps to revitalize a battered economy, saying nearly a million farmers owned money under the previous government’s failed rice-subsidy scheme would be paid within a month. The military overthrew the government on Thursday after months of debilitating and at times violent confrontation between the populist government of Prime Minister Yingluck Shinawatra and the royalist establishment.


50

North

Monday, May 26, 2014

National Mirror www.nationalmirroronline.net

SURE -P Committee earmarks N8bn to fight HIV/AIDS’ scourge

Nigeria needs 6.5m policemen, says Gana

WALE IBRAHIM

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LOKOJA

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he Presidential Committee on SURE -P said it has earmarked a total sum of N8 billion to combat HIV/ AIDS particularly from mother to child. The Convener of Maternal Child Health of SURE -P, Hajia Halima Alfa who disclosed this while speaking in a chat with newsmen at her residence in Ankpa, Ankpa Local Government Area of Kogi State at weekend,

stated that the Federal Government is not leaving any stone unturned in bid to curb the scourge of HIV/AIDS in the country. “The Federal Government is determined to fight HIV/AIDS to the barest minimum and that is why the disease must be frontally combated”, she said. Alfa added that part of the term of reference of the Presidential Committee on SUPE-P was to save 1,000,000 lives every year in the country.

She pointed out that on maternal child health; the committee has provided over 1,200 facilities across the country, noting that no fewer than 12,000 nurses, 500 health workers have been employed to carry out the mission to safe lives at grassroots level. “As part of our mandate over 50 ambulances have been procured in case of emergencies, while primary health facilities are established across the country. In addition to these, there

is the need for provision of portable water as well as providing boreholes to ease shortage of water supply”, she said. Alfa stated that in addition, the sum of N10 billion has been set aside for student inter-ship where the Federal Government will pay N30,000 and state government pay N10,000 to every students that enrolled for the inter-ship programme, adding that more vocational training centres are expect to be established across the country soon.

Relatives of victims of Saturday’s bomb explosion in Jos weeping in Jos, yesterday.

Insecurity: Kogi loses N400m investments in 18 months WALE IBRAHIM LOKOJA

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he business community in Kogi State said it has lost a total sum of N400 million worth of investments to insecurity due to robbery, theft and burglary in the last 18 months The Kogi Coalition of Business and Professional Association (KOCOBPA) said this during a media parley with journalists in Lokoja at the weekend. While reviewing insecurity and business activities in the state, the coalition said that about 90 percent of the people are now aware of the increasing cases of

insecurity in the state while over 94 percent are worried that communities are becoming dangerous to live and do business. The group said that findings also pointed out that robbery, theft and burglary constituted the highest risk to business community in the state, while unemployment was ranked as the highest cause of insecurity. However, the chairman of the coalition, Dr. John Alabi urged the state government and security operatives to do more in the provision of adequate security in the state, stressing that there must be synergy between security agents. Alabi stated that there

is need for creation of platform between business owners and security agents, urging that there should be increase in funding for security agencies so as to tackle insecurity in the country. He called on government to create more skill acquisition centre for youth development in the state, noting that moral education through schools, parent and traditional rulers will go a long way in checking crime in the society. Speaking further on security, Alabi urged the local communities to set up vigilance group so as to curb the activities of men of under world.

PHOTO: NAN

PRISCILLA DENNIS MINNA

ormer Information Minister, Professor Jerry Gana has said that Nigeria needed at least 6.5 million policemen to be able to adequately police the country. The former minister made this known in an interview after the ceremonial presentation of Senior Men of God at the Church of Nigeria, Anglican Communion, Minna, Niger State on Sunday. Gana, who is also a member of the National Conference, said this was part of the recommendation of the conference which aimed at adequately positioning the police to be able to tackle the current security challenges confronting the country. He said the country could not presently boast of more than 400,000 policemen, giving the United Nations standards of one policeman to 4000,000 people, a situation, he described as grossly inadequate by the United Nations standards. He said the population of the Nigeria is currently hovering between 160 million and 170 million and that this calls for large number of policemen to be able to face the current security challenges. The former minister said part of the recom-

mendation of the conference was for proper reform of the police and the armed forces with training and retraining programmes that would assist them to face the insurgency in the country headlong. He absolved security agents in the country of any blame in the escalation of killings in the northern parts of the country, saying that if the military were to engage the terrorists squarely, it will not take days for them to level the Sambisa forests where the insurgents currently keep the Chibok girls, stressing however that if such was done, the military would be accused of genocide. “If the soldiers level the Sambisa forests, what happens to the girls we are trying to rescue safely? What will the human rights organisations say about genocide?, he asked rhetorically. In addition, Gana said the conference is trying to suggest that at least, 70 per cent of the ministers in the in-coming dispensation should be members of the parliament in a manner of pseudo parliamentarian government. He said if the ministers were elected by the people, they would be more accountable, hence less corruption in the system.

Aliyu releases N20m to Minna Anglican Cathedral PRISCILLA DENNIS MINNA

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iger State Governor, Dr. Muazu Babangida Aliyu, has released the sum of N20m for the renovation of the Anglican Cathedral in Niger state. He added that the move is part of his administration’s determination to always encourage peaceful coexistence among Nigerians regardless of ethnoreligious differences. In a press statement signed by his Chief Press Secretary, Ayegba Israel Ebije, the governor said his government will continue to encourage people of different faith to achieve their aspiration of Niger

State, adding that where there is peace, economic growth and structural development is guaranteed. “We must live as a family regardless of where we are coming from or who we are dealing with. I will relate with everybody including those who do not believe in God because am the governor and my position as governor only permits me to relate with everybody regardless of inclination”. “It is indeed the challenge of having a good base to relate with people of other ethnic or religious background that has affected the country in the area of peace. We do not discriminate, we encourage everybody to

live in Niger and it is yielding results as people spend their money in building structures in the state”. The statement also noted that the state has embarked the sum of N1.5 billion Ecumenical Centre in Minna for Muslim and Christian faithful.

Aliyu


National Mirror www.nationalmirroronline.net

Politics

Monday, May 26, 2014

51

Why I joined APC –PDP guber aspirant STORIES: ABIODUN NEJO ADO EKITI

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former Peoples Democratic Party, PDP, governorship aspirant, Chief Modupe Ogundipe, has said that her defection to the ruling All Progressives Congress, APC, in the state was inspired by the sterling achievements in office of APC candidate, Governor Kayode Fayemi. Ogundipe said the choice of PDP governorship candidate among the aspirants that contested the March 22 primaries only added to her admiration of Fayemi’s performance as governor. Ogundipe, speaking during a campaign tour of APC Women Wing of Gbonyin, Ekiti East and Ikole local government areas, led by the governor’s wife, Erelu Bisi Fayemi, said she and other defectors from the PDP were spurred into ac-

tion by the rising profile of Fayemi. She said: “The achievements of Dr. Fayemi is enough reason for any right thinking Ekiti person to want to join the APC. What he has done in the last three and a half years is unprecedented in the history of the state. “We thought we could wrestle power from the APC, but at the end of the day, my former party misfired and picked a candidate that is unacceptable to right thinking Ekiti people. “We want the good works of Fayemi to continue in Ekiti State. The step I have taken is not about myself, but about my followers; it’s about our children and generations yet unborn. “It is a fight to save Ekiti from globe-trotters; it is a fight to save Ekiti from hoodlums; it’s a fight to save Ekiti from those who are bereft of ideas; it is a

E-eleven seeks Fayose’s disqualification from guber race

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non-government forum of Ekiti stakeholders, e-eleven has approached the Ekiti State High Court, Ado Ekiti to seek the disqualification of the governorship candidate of the Peoples Democratic Party, PDP, Mr Ayo Fayose, from contesting the June 21 governorship poll. The e-eleven, in the brief filed on its behalf by its chairman, Mr Femi Ajiniran, is asking the court to determine among other things, whether Fayose, as the nominated PDP candidate, has committed the offence of perjury in the filling and submission of affidavit in support of Independent Electoral Commission, INEC Form CF. 001 as required by the provisions of Section 31 (2), (5), (6) and (8) of the 1999 Constitution (as amended). Deposing that Fayose specifically denied that he had ever been indicted for embezzlement or fraud by a judicial commission of inquiry or an administrative panel of inquiry, e-eleven joined PDP and INEC as co-defendants. In an originating summons filed at on May 23, and brought under Order 3 rule 5 and 6 of the High Court of Ekiti State (Civil procedure Rules 2011); Sections 177 and 182 (1) (d) and (e) of the 1999 Constitution of the Federal Republic

of Nigeria (as amended) and Sections 31 and 87 (10) of the Electoral Act, 2010 (as amended), the e-eleven asked the Ado Ekiti High Court to determine whether Fayose is barred from being presented/sponsored as gubernatorial candidate of the PDP for the June 21 gubernatorial election, having been indicted/found guilty for gross misconduct by a validly constituted administrative panel as provided for in Section 188(5) of the 1999 Constitution (as amended). The group said: “We want the court to give an order barring Mr Ayodele Fayose from participating as a candidate in the gubernatorial election having committed an offence of perjury in his filing and submission of affidavit in support of Form CF.001 as required by the provisions of section 31 (2) of the electoral Act, 2010 (as amended) knowing the content to be false and untrue.” The e-eleven therefore sought the leave of the court to adjudge the PDP to have committed an electoral offence by knowingly presenting Fayose for the June 21 Ekiti gubernatorial election knowing that he had been indicted/found guilty for gross misconduct by a validly constituted administrative panel as provided for in Section 188(5) of the 1999 Constitution (as amended).”

fight to lift Ekiti to continue to progress.” Speaking at the campaigns, the governor’s wife advised the electorate against allowing politicians to brainwash them into selling their voters cards or disclosing their Voter Identification Number, VIN. Mrs Fayemi, who also took the APC women campaign to markets took time

out to educate the electorate, particularly on the voting pattern, early arrival at the polling unit, accreditation and proper handling of the ballot paper after thumb-printing to forestall voiding of their votes. She said: “We have reached a crucial stage in the build-up to the coming election when those desperately seeking power will

be approaching you to sell your voter’s cards to them. Please, don’t listen to them. Guard your voter’s card jealously and use it to vote for Dr Fayemi on June 21.” She appealed to the Independent National Electoral Commission, INEC, to be vigilant and ensure that only those in possession of valid voters’ cards were allowed to vote in the election.

26 DAYS TO GO

L-R; Ekiti State chairman of LP, Akinbowale Omole; gubernatorial running mate, Alhaja Mariam Ogunlade and gubernatorial candidate, Hon Michael Opeyemi Bamidele, at the party’s Mega Rally, in Ikere-Ekiti, on Saturday.

Scores injured in APC, LP clash at Bamidele’s rally

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iolence erupted at the weekend as the All Progressives Congress, APC, and Labour Party, LP, clashed in Ikere Ekiti at the venue of the LP Mega Rally addressed by its governorship candidate, Hon Opeyemi Bamidele and national leaders of the party, leaving some persons injured and several cars damaged. In the violence which broke out after the LP leaders had left the venue, three members of the African Independent Television, AIT, crew who came to cover the event transmitted live were among the injured just as their OBS van and staff buses were vandalised while three of their V-sat cameras were stolen out of which one has been recovered. LP Media and Publicity Secretary, Bolanle Olatunde-Bruce, said: “The increasing frequency of attacks on LP campaign train as election draws near calls for immediate action from security agencies in the country and well-meaning Nigerians.” Olatunde-Bruce said a group of political thugs invaded the rally venue

in an APC-branded bus and motor bikes and unleashed terror on the LP members and supporters and vandalized vehicles in the vicinity. But the APC Director of Media and Publicity, Mr Segun Dipe, said: “Bamidele stormed Ikere with a retinue of violent thugs and armed young men, many of them took over the local clubs, shooting sporadically to intimidate and create an atmosphere of siege in a peaceful community noted for its passionate support for the APC.” Dipe said the LP appears not to be interested in the June 21 election but rather

to cause chaos and justify its mission fuelled by the desire to destabilise Ekiti State and halt the democratic gains of the last three and half years. Ekiti Police spokesman, Mr Victor Babayemi, who confirmed the attack, said his men had recovered the vehicle that conveyed the thugs to the venue, adding that the police were already on the trail of the occupants. Babayemi said: “It was an APC branded vehicle and it is now in our custody. We also recovered four expended cartridges at the scene of the incident. We are happy that some of the perpetrators were known

and their names are already with us and that will help our investigation”. Earlier at the rally, the national leadership of LP, including its National Chairman, Dan Nwanyanwu, Ondo State governor, Olusegun Mimiko, Ekiti LP chairman, Akin Omole and Bamidele, had reiterated the determination of the party to make a big difference in governance in Ekiti State through its candidate for the June 21 governorship election in the state, adding that the urgent need to change the present government in Ekiti was borne out of the need to entrench people-oriented administration.

NUJ condemns attack on media HAKEEM GBADAMOSI AKURE

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igeria Union of Journalists, NUJ, yesterday condemned the attack on the crew of African Independent Television, AIT, in Ikere Ekiti while covering the Labour Party mega rally in Ikere - Ekiti last Saturday. In a statement, the Vice President Zone-B of the NUJ, Dele Atunbi, de-

scribed the attack as barbaric and disheartening, adding that the new political dimension is dangerous to the nation’s development and to the pen profession and called on security operatives to fish out the perpetrators of the attack. Decrying the damage done to AIT’s outside broadcast van as well as the equipment therein as unwarranted, Atunbi said: “NUJ is of the opinion that the political class in Ekiti State seems

not to have learnt anything from the country’s political history, especially ‘Operation Wet E’ in the defunct Western region. “We question the rationale behind the attack on an innocent media outfit that was carrying out its constitutional duties.” The union also stressed the need for the provision of security personnel in all the media outfits in Ekiti State to avert further attacks on the media.


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Monday, May 26, 2014

National Mirror www.nationalmirroronline.net

Poroshenko wins Ukraine’s presidency –Exit polls C onfectionary magnate Petro Poroshenko won Ukraine’s presidential election yesterday with an absolute majority, exit polls showed,

averting the need for a runoff vote next month that he had said could destabilize the country. Two polls gave Poroshenko, a billionaire busi-

An elderly woman casts her vote in the presidential election in the eastern town of Krasnoarmeisk, Ukraine, yesterday

CHANGE OF NAME

ADEYEMO: Formerly known and addressed as Adeyemo Oluwafunmilayo O. Rebecca, now wish to be known and addressed as Bolaji Oluwafunmilayo O. Rebecca. All former documents remain valid. General public take note.

CHANGE OF NAME

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MBANUSI: Formerly known and addressed as Miss. Mbanusi Esther Chinwe, now wish to be known and addressed as Mrs. Anakwaeze Esther Chinwe. All former documents remain valid. General public take note.

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nessman with long experience in government, 55.9 to 57.3 percent, well ahead of former prime minister Yulia Tymoshenko in second place with just over 12 percent. If confirmed by results on Monday, there will be no need for a runoff vote on June 15. Ukrainians, weary of six months of political turmoil, hope their new president will be able to pull their country of 45 million people back from the brink of bankruptcy, dismemberment and civil war. But, highlighting the scale of the challenge facing Poroshenko, armed pro-Russian separatists barred people from voting CHANGE OF NAME

EZEANI:Formerly known and addressed as Miss Ezeani Chinyere Gloria, now wish to be known and addressed as Mrs Ugwu Chinyere Gloria. All former documents remain valid. General public take note.

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RAFIU: Formerly called and known as Miss Rafiu Kafayat Folasade, now wish to be known and addressed as Mrs Afolabi Kafayat Folasade. All former documents remain valid. General public should please take note.

ADEDEWE:Formerly called and known as Miss Adedewe Adejoke Eunice now wish to be known and addressed as Mrs Adeshina Adejoke Eunice. All former documents remain valid. State of Osun Universal Basic Educational Board (SUBEB) and general public should please take note.

ALADE: Formerly known and addressed as Miss Alade Mary Olayemi, now wish to be called and addressed as Mrs. Olowojare Mary Olayemi. All former documents remain valid. Police Children School and general public take note.

CONFIRMATION OF NATIONALITY

CONFIRMATION OF NAME This is to confirm that Abigail Johnson Okoro and Abigail Johnson refers to one and same person, but now wish to be known and addressed as Abigail Cyprian. All former documents remain valid. General public take note.

NWALUPUE: Formerly known and addressed as Nwalupue Onyeachor Collins, now wish to be known and addressed as Ejijeh Collins Onyeisi. All former documents remain valid.General public take note

I, Osei Festus, a Nigerian Citizen was born on 6th day of January, 1978 in Accra, Ghana into the family of Mr. & Mrs. Osei Michael. Also to affirmed that I am a bonafide Citizen of Nigeria. Spanish Embassy and the general public should please take note.

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OZIOKO:Formerly known and addressed as Miss Ozioko Eucharia Uchenna, now wish to be known and addressed as Mrs Ngwu Eucharia Uchenna. All former documents remain valid. General public take note.

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DASAOLU: Formerly known and addressed as Miss Dasaolu Folashade Mary, now wish to be known and addressed as Mrs Oregbesan Folashade Mary. All former documents remain valid. General public take note

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OKAFOR: Formerly known and addressed as Miss Okafor Ifunanya Joy, now wish to be known and addressed as Mrs. Nwosu Ifunanya Joy. All former documents remain valid. General public take note.

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NNAEMEZIE: Formerly known and addressed as Miss Nnaemezie Philomina Ilochukwu, now wish to be known and addressed as Mrs. Onyejiuwa Philomina Ilochukwu. All former documents remain valid. General public please take note

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ILUGBO: Formerly called and known as Miss Ilugbo Christiana Adeola, now wish to be known and addressed as Mrs Adetoye Christiana Adeola. All former documents remain valid, general public should please take note.

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NWAEKPE: Formerly known and addressed as Miss Nwaekpe Priscilla Ogechi, now wish to be known and addressed as Mrs. Onugha Priscilla Ogechi Prince. All former documents remain valid. Federal Polytechnic Nekede Owerri, NYSC and general public take note.

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in much of Ukraine’s Donbass industrial heartland on Sunday, turning the main city of Donetsk into a ghost town. Poroshenko, 48, has promised closer economic and political ties with the West in defiance of Russian President Vladimir Putin, but he will also have to try to mend shattered relations with Ukraine’s giant northern neighbour, which provides most of its natural gas and is the major market for its exports. Sunday’s election marked the culmination of a revolution that erupted last November, forced a proRussian president to flee in February and spiralled CHANGE OF NAME

OKOLI: Formerly known and addressed as Miss Okoli Chioma Uzoamaka, now wish to be known and addressed as Mrs Okechukwu Chioma Uzoamaka. All former documents remain valid. NYSC and general public take note.

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BABAJIDE: Formerly known and addressed as Miss Babajide Folake Dorcas, now wish to be called and addressed as Mrs. Ogunnubi Folake Dorcas. All former documents remain valid. General public take note.

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AJAYI: Formerly known, called and Addressed as Miss. Ajayi Egbeyemi Florence, but now wish to be known, called and addressed as Mrs Omotoso Egbeyemi Florence. All former documents remain valid. F.M.C Ido-Ekiti, and general public take note.

LOSS OF DOCUMENT

The general public is hereby informed of Loss Of Original Letter Of Land Allocation issued by Land Use & Allocation Committee, Lagos State Lands Bureau with File No Ref:-LU/RES/2001/ ISH.NORTH/BL./PL. dated 12th July 2001 got lost in transit. It belongs to Mrs. Mojisola Odusanya of 33A, Inabere Street, Lagos .Lagos State Lands Bureau & General public note.

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OKAFOR: Formerly known and addressed as Miss Okafor Gloria .O. now wish to be known and addressed as Mrs Ugwuoke Gloria Ogochukwu. All former documents remain valid. N.Y.S.C and general public take note.

OGUNDINA: Formerly known and addressed as Mr Ogundina Oluseye Lanre now wish to be known and addressed as Mr Emerald Oluseye Lanre. All former documents remain valid. Ogun State Housing Corporation and general public take note

SAMUEL-YAKUBU: Formerly known and addressed as Mrs Samuel-Yakubu Joyce, now wish to be known and addressed as Mrs Ocheola-Oki Joyce Ene. All former documents remain valid. General public take note.

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DECLARATION OF AGE

DECLARATION OF AGE

ALADE: Formerly known and addressed as Miss Alade Grace Olanma, now wish to known and addressed as Mrs. Kaluh Grace Olanma. All former documents remain valid. General public take note.

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UMEKOYE: Formerly known and addressed as Miss Umekoye Onyinye, now wish to be known and addressed as Mrs. Okaka Onyinye. All former documents remain valid. General public please take note.

PUBLIC NOTICE NEW REALMS CHRISTIAN CENTER

The general public is hereby notified that the above named ministry has applied to Corporate Affairs Commission for registration under Part”C” of the Companies And Allied Matters Act of 1990.

THE TRUSTEES ARE: 1. Pastor Opemuyi Kayode Muyiwa 2. Opemuyi Opeyemi Oyinda 3. Adebayo Adekola Alex 4. Amusan Michael Tunde 5. Fatuase Olusoji Daniel

THE AIMS AND OBJECTIVES: 1. To preach the gospel of Jesus Christ 2. To propagate the word of God in the holy bible 3. To provide assistance for the needy in the society 4. To encourage and work for unity among all Jesus Christ’s believers. 5. To establish NEW REALMS CHRISTIAN CENTERS all over this country and beyond. 6. To engage in social and community project and child welfare whenever possible. 7. To conduct and perform the NEW REALMS CHRISTIAN CENTER ordinances of baptism, Holy Communion and conduct children naming and dedication, marriage and funeral ceremonies, etc to members. Any objection to the registration should be forwarded to the Registrar- General Corporate Affairs Commission, Plot420 ,Tigris Crescent , Maitama District, Abuja within 28 days from the date of this publication.

SIGNED:AKINYEMI AKINTAYO ESQ LEGAL PRACTITIONER, NO 9,THE LAW HUB08067033800

This is to confirm that Mr Glory Uriri Eyimosa, was born on 23rd of January 1964 at Orhehre,Agbarho. All other dates were made in error and therefore invalid. All former documents remain valid. Delta State Polytechnic Ozoro and general public take note.

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BRIGHT: Formerly known and addressed as Bright Ewere, now wish to be known and addressed as Abdulrakim Bright. All former documents remain valid. The general public should please take note.

IGWE: Formerly known and addressed as Igwe Joseph Bernard, now wish to be known, called and addressed as Igwe-Okomiso Joseph Bernard. All former documents remain valid. General public should please take note.

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OKOLI: Formerly known and addressed as Miss Maria Aloko, now wish to be known and addressed as Mrs. Maria Aloko Okoli. All former documents remain valid. General public take note.

PUBLIC NOTICE

SHAREDWEALTH OF NATIONS MINISTRY. The general public is hereby notified that the above named ministry has applied to the Corporate Affairs Commission, for registration under part “C” of the Companies and Allied Matters Act, of 1990.

THE TRUSTEES ARE: 1 Pastor Peter Ohio Alegbe 2 Mrs Toyin Ohio Alegbe.

THE AIMS AND OBJECTIVES: 1.To promote the gospel of Jesus 2.To bring help and empowerment to people through the Ministry’s programmes 3.To achieve the foregoing through all forms of Media currently in existence. Any objection to the registration should be forwarded to the registrar-General Corporate Affairs Commission, plot 420 Tigris Crescent off Aguiyi Ironsi Street, Maitama, Abuja within 28 days of this publication.

SIGNED: SECRETARY

into an existential crisis when Moscow responded by declaring its right to invade Ukraine. The pro-Moscow separatists have proclaimed independent “people’s republics” in the provinces of Donetsk and Luhansk and blocked voting there as that would imply they were still part of Ukraine. Nor was any vote held in Crimea, which Russia annexed in March after the overthrow of President Viktor Yanukovich. CHANGE OF NAME

OZOUDE: Formerly known and addressed as Miss. Ozoude Stella Amaka, now wish to be known and addressed as Mrs. Ojichukwuemeonu Stella Amaka. All former documents remain valid. General public take note.

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ABEGUNDE: Formerly known, called and addressed as Miss. Abegunde Modupe, but now wish to be known, called, and Addressed as Mrs. Ajewole Modupe Ruth. All former documents remain valid. F.M.C Ido Ekiti and General public take note.

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OSINEYE: Formerly known and addressed as Miss Osineye Aminat Oluwaseun now wish to be known and addressed as Mrs AbdurRasheed Ameenah Oluwaseun. All former documents remain valid. General public take note

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MADUKA: Formerly known and addressed as Miss Hannah Ogbenyealu Maduka, now wish to be known and addressed as Mrs. Hannah John Agbaeze. All former documents remain valid. General public take note.

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EBIRIM: Formerly known and addressed as Miss Stella Chizoba Ebirim, now wish to be known and addressed as Mrs. Stella Chizoba Maduka. All former documents remain valid. General public take note.

Ukrainian officials hailed a high voter turnout in much of the sprawling country but said only about 20 percent of polling stations in the two restive eastern regions had functioned. Putin, who branded eastern Ukraine “New Russia” last month, has made more accommodating noises of late, saying on Saturday he would respect the voters’ will. He has announced the pullback CHANGE OF NAME

PAUL: Formerly known and addressed as Folorunso Tunde Paul, now wish to be known and addressed as Folorunsho Tunde Gbolahan. All former documents remain valid. General public take note.

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I was formerly known and addressed as Ogunsakin Temitope Shehu, but now to be known and address as Ogunsakin Temitope Roseline. All former documents remain valid. Ekiti State Government and general public take note.

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OLUFARATI: Formerly known and addressed as Miss Olufarati Janet Adenike, now wish to be known and addressed as Mrs Adenniji Janet Adenike. All former documents remain valid. General public take note.

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AGBAWODIKEIZU: Formerly known and addressed as Miss Agbawodikeizu Oluchi Lilian, now wish to be known and addressed as Mrs. Eze Oluchi Lilian. All former documents remain valid. General public take note

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OFORMA: Formerly known and addressed as Miss Oforma Anthonia Uzoamaka, now wish to be known and addressed as Mrs. Greyling Uzoamaka Anthonia. All former documents remain valid. General public take note.

PUBLIC NOTICE

RAPHA HEALTH AND WELLNESS FOUNDATION

CAC/IT/NO 48351 The General Public is hereby notified that the above named Foundation has applied to the Corporate Affairs Commission Abuja, for the amendment of Section 21 sub-section (2) of its Constitution under Part” C” of the Companies and Allied Matters Act 1990.

AFFECTED PROVISION: Section 21, Sub-section 2 “Such Trustees hereinafter referred to as “The Trustees” shall be Four (4) and shall be referred to as “THE REGISTERED TRUSTEES OF RAPHA HEALTH AND WELLNESS FOUNDATION” PROPOSED AMMENDMENT “Such Trustees hereinafter referred to as “The Trustees” shall be Nine (9) and shall be referred to as “THE REGISTERED TRUSTEES OF RAPHA HEALTH AND WELLNESS FOUNDATION” Any objection to the Amendment should be forwarded to the Registrar-General, Corporate Affairs Commission, Plot 420 Tigris Crescent, off Aguiyi Ironsi Street, Maitama, Abuja within 28 days of this publication. SIGNED: REMIGIUS NWADIKE ESQ. R.O.NWADIKE & CO (SEAT OF WISDOM CHAMBERS) 1, DEHINSILU STREET, OFF IREWOLE AVENUE, OPEBI-IKEJA, LAGOS STATE.

PUBLIC NOTICE

LYDIA ODAYDAY FOUNDATION

This is to inform the general public that the above named foundation has applied to the Corporate Affairs Commission for registration under the part C of the Company and Allied Matters Act 1990.

THE TRUSTEES ARE: 1 Momodu Dauda 2 Lawal Akorede Habeeb 3 Momodu Sandra 4 Anjorin Mariam 5 Sakudeen Jimoh Olawale 6 Atunuwa Ajiroghene 7 Kadiri Abdul Obogeh 8 Isitua Ismaila

- Chairman -Secretary

THE AIMS AND OBJECTIVES: To cater for the Orphans and widows. Any objection to the above registration should be forwarded to the Registrar General, Corporate Affairs Commission, Plot 420 Trigis Crescent, off Aguiyi Ironsi Street, Maitama, Abuja, within 28 days of this publication.

SIGNED: MOMODU DAUDA -CHAIRMAN


Monday May 26, 2014

National Mirror www.nationalmirroronline.net

53

Sport

We have savoured the FA Cup glory and we are now ow looking ahead to a new era ahead of us

‘Why Lagos hosted DAWN Games’

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–ARSENAL MANAGER, ARSENE WENGER ER

Ejike Uzoenyi is one of the home-based players in camp.

Eagles begin W/Cup preparation in London JOEL AJAYI ABUJA

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uper Eagles coach, Stephen Keshi, yesterday led 14 players to London to kick-start Nigeria’s preparation for the Brazil 2014 World Cup that kicks-off in 17 days time. Keshi, his assistants and the players left the Nnamdi Azikiwe International Airport, Abuja in the morning and arrived Heathrow Airport in London at exactly 2:15pm local time, which is also Nigerian time, according to Eagles’ Media Officer, Ben Alaiya. Fourteen players made the trip from Abuja to London, while Ukraine-based striker, Michael Babatunde, was already waiting at the team’s hotel. Among them were nine foreign based stars, while the rest are based in Nigeria.

The list includes Ogenyi Onazi, Obinna Nsofor, Ahmed Musa, Michael Uchebo, Godfrey Oboabona, Gariel Reuben, Juwon Oshaniwa, Efe Ambrose and Sunday Mba. As at press time, Emmanuel Emenike and Ramon Azeez had also arrived in the Hilton Cobhams Hotel camp. Home-based stars in the London camp are Chigozie Agbim, Azubuike Egwuekwe, Daniel Akpeyi, Kunle Odunlami and Ejike Uzoenyi. Eagles will have their first training session for Wednesday’s friendly with the Scotland Tartan Army this evening, with all the 30 players invited for the World Cup preparation expected to take part. After the friendly, Eagles will depart for the United States for more test matches to enable Keshi make his final 23-man selection before FIFA’s June 2 deadline.

Ike Uche’s exclusion, a mistake –Lawal PAUL EREWUBA

A Uche

member of the Nigeria Football Federation (NFF) Technical Committee, Garba Lawal, has stated that Super Eagles Coach, Stephen Keshi, erred for not including Villareal striker, Ike Uche, in his provisional 30man list for the 2014 World Cup in Brazil. The former Nigeria international midfielder said although no player was bigger

than the country, the coaching crew’s insistence on excluding Uche could prove costly. “I watched Uche in Calabar during the World Cup qualifiers and I saw quality football in him,” Lawal told National Mirror yesterday. He, however, conceded to the coach’s decision, saying the responsibility was on the gaffer’s table. “Keshi’s views must be respected on Super Eagles matters,” he further said. “It is gratifying that

we equally have other quality players who can hold their own at the World Cup.” On the Eagles’ chances at the Mundial, Lawal said, “Many people keep talking about Argentina being the only team that the Eagles must tackle, but Iran and Bosnia have quality players who are equally capable of changing the tide. “For our players to excel, there must be team work and they must be focused and determined.”


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Sports

Monday May 26, 2014

National Mirror www.nationalmirroronline.net

UCL final: Bale relishes ‘dream’ victory

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areth Bale has said that winning the Champions League “will live with me forever” after his goal helped Real Madrid beat Atletico Madrid 4-1 in Saturday’s final in Lisbon, Portugal. The former Tottenham forward gave Real the lead in extra time after Sergio Ramos’s 93rdminute goal cancelled out a first-

half effort from Diego Godin. Marcelo and Cristiano Ronaldo sealed a 10th European Cup success for Real. “It is what every footballer dreams of and it doesn’t come bigger in club football,” said Bale, 24, told BBC Sport. “The celebration of the crowd meant everything to me, but the most important thing is

we worked hard as a team and won the trophy and the 10th title for the club.” Wales international Bale joined Real from Spurs for a world-record £85.3m last summer, but insisted the price tag was irrelevant. “I would have come here for a penny if it meant I could win the big titles,” he said.

Bale celebrating victory

Why Lagos hosted DAWN Games –Fashola PAUL EREWUBA

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agos State Governor, Babatunde Raji Fashola, over the weekend said the state hosted the maiden DAWN Games to spearhead sustainable youth development in the South West of the country. “This practice reigned in the 1950s and 1960s when the old Western Region of Nigeria organised school sports to produce talent at the state and national levels and this is the idea we want to bring back,” the governor said. “Our youths must understand the environment and be conscious of its challenges and inspired by its opportunities. “It is imperative for all to re-

dedicate themselves and the nation to the development of education and the idea of safe schools while interacting among themselves.” Meanwhile, Director-General of the DAWN Commission, Mr. Dipo Famakinwa, has said that the Games was among the programmes aimed at discovering, encouraging and managing young talent in the South-West in view of its holistic roadmap for L-R: Super Eagles defender, Elderson Echiejile; Assistant Coach, Daniel Amokachi; Senior Marketing Manager, the economic and social integra- PepsiCo, Mr. Shakeel Akram; Head Coach, Stephen Keshi, and Head of Marketing, Seven-Up Bottling Company, Mr. Norden Thurston, at the Pepsi Samba Party to unveil the Pepsi Football Ambassadors in Lagos tion of the Region. Lagos State triumphed with 90 gold, 61 silver and 28 bronze medals while Ogun State followed with 16 gold, 30 silver and 33 bronze medals while Oyo State trailed with 7 gold, 18 silver and 43 bronze medals.

Wrestling: Clark tourney for C’wealth trials

Action at a local wrestling event

IFEANYI EDUZOR

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he Nigerian Wrestling Federation has concluded arrangement with the Delta State Government to use the 2nd Chief E.K. Clark Wrestling Championship holding in Warri from June 2 to 7 as Commonwealth Games trial. A release by Secretary General of the federation, Mr. Segun Oguntade, yesterday said that the wrestlers would compete in

the new weight categories enforced by the world body FILA from January 2014. “Junior Weight category will be included in the event to encourage the younger wrestlers to prepare to take over from the ageing ones,” the release further said, while urging athletes across the country to register for the championship. Greco Roman, Free Style and Women’s wrestling events will take place at the six-day championship.

Keshi hails Pepsi for Ambassador honour AFOLABI GAMBARI

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uper Eagles Coach, Stephen Keshi, has commended the management of Pepsi for the honour of appointing him its Brazil 2014 World Cup Ambassador. The leading beverage brand company also appointed Keshi’s assistant, Daniel Amokachi, as well as defender Elderson Echiejile, winger Victor Moses and forward Osaze Odemwingie as the product ambassadors at the Mundial scheduled to kick off on June 12. “Over the years, Pepsi has been a major supporter of football in Nigeria and I am happy to be associated with the product as I lead the Super Eagles to Brazil,” Keshi

said at the unveiling ceremony tagged “Pepsi Samba Party” in Lagos at the weekend. “When I am on national duties, I always make sure I do my best and when the going gets tough on the pitch, that’s when I dig deep and bring out something I never knew was there, realising that there are over 160 million people out there who are supporting the team,” the coach added. Keshi, however, called on Nigerians not to waver in their support for the Eagles, promising that the team would not disappoint at the World Cup. Head of Marketing, Seven Up Bottling Company Plc, Mr. Norden Thurston, who also attending the unveiling that was graced by football fans, said the company was committed to supporting Ni-

geria’s cause in Brazil. “Keshi and our other brand ambassadors have always made us proud and we believe it is now their moment to shine on the world stage,” Thurston remarked. Marketing Manager for PepsiCo, Mr. Shakeel Akram, said the company’s relationship with Nigerian football that spanned over a decade had proved worthy of the effort invested. “We can’t wait to see fans “Live for Now” and enjoy the very best of football in Brazil,” Akram said. Highlights of the ceremony, which has entertainment stars Daddy Showkey, Tiwa Savage, Banky W and Sean Tizzle, among others on parade, include presentation of a memento of one million goodwill messages signed by football fans across Nigeria.

Supporters Club launches World Cup sticker IFEANYI EDUZOR

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he Nigeria Football Supporters Club has launched a World Cup sticker titled “Goodluck to Super Eagles” in an effort aimed at ensuring that the

national team gets maximum support during the 2014 World Cup. President General of the NFSC, Dr. Rafiu Ladipo, told National Mirror that the sticker would be used to create awareness for the Eagles, even as he also said the club would produce banners, fly-

ers and T-shirts for the team. “This is just the beginning of what to expect from us because we want to ensure that the Super Eagles excel in Brazil,” Ladipo said, adding, “We hope the sticker will help to garner enough support for our team.”


National Mirror www.nationalmirroronline.net

Sports

Monday May 26, 2014

55

Argentina renews trophy chase ANDREW EKEJIUBA

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razil 2014 will afford Argentina another opportunity to renew bid to lift the FIFA World Cup for the third time in the country’s football history. But Argentina’s qualification for this looming event did not come easy. After a 4-1 win against Chile to begin their FIFA World Cup qualifying campaign, they stumbled against Venezuela and drew 1-1 at home to Bolivia, which raised doubts as to whether Coach Alejandro Sabella, who took over after Copa America 2011, was up to the task. La Albiceleste, however, got back on track with a 2-1 win over Colombia in Barranquilla, which began the side’s14-match unbeaten run through the remainder of qualifying, where they finished atop the South American table. With the landmark achievement of claiming four consecutive FIFA Ballon d’Ors (2009-

2012), Lionel Messi, who is the undisputed leader of the Argentine national team and a multiple-trophy winner with Barcelona, is expected to explode at the Mundial. Supporting him will be an allstar cast featuring Javier Mascherano and Angel Di Maria, all of them on top of their game after their exploits this year in Europe. The Albicelestes have appeared in four World Cup finals, including the first final in 1930, which they lost 4–2 to Uruguay. They won in their next final appearance in 1978, beating the Netherlands 3–1. Argentina led by Diego Maradona won again in 1986 in a 3–2 victory over West Germany. Their most recent World Cup final appearance was in 1990, which they lost 1–0 to Germany by a penalty goal in the 85th minute. Argentina is known for having rivalries with Brazil, Uruguay, Germany and England due to historic occurrences with one another throughout football his-

Group Matches Sunday, June 15 vs Bosnia and Herzegovina (Rio De Janeiro)

tory and it is expected that this will continue in Brazil 2014. They will feature in Group F alongside Bosnia-Herzegovina, Iran and Nigeria. Meanwhile, the South Americans are the favourites to top a group in which reigning African champions Nigeria will be aim-

Messi, still the Argies’ pillar

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Messi

arcelona forward, Lionel Messi, will be relied upon by his team mates to deliver the goals and possibly stop Nigeria, Iran and Bosnia and Herzegovina from outwitting his team in Group F. Born on June 24, 1987, in Rosario, Argentina, Messi has proved to be one of the most feared strikers in the world and will be on parade in Brazil following his scintillating performance for both club and country. Speaking ahead of the Mundial in Brazil, the Argentine superstar believes his army of fans will see a different player at the 2014 FIFA World Cup. “As I join up with the national team, the atmosphere is completely different,” he said. “Many times in the past when I have gone back to Barcelona, I have played well. Now

I am hoping that the same happens at Brazil 2014,” he added. Messi took his time to transcend his talent with Barcelona on to the international stage and it was only after South Africa 2010 that he started to perform well. The 26-year-old will return to Argentina to join Coach Alejandro Sabella and the rest of the squad tomorrow at Ezeiza, the team’s training camp. He vowed to train with maximum energy in order to give his best like always. “When I return to the training ground with my teammates, with my friends, it’s going to change my mentality and it’s going to be another story,” the little man further said Messi’s readiness will be determined after Argentina squares Trinidad and Tobago on June 4 and Slovenia three days later in World Cup tuneup games where the Argentines will be expected to sharpen their arsenal for the main battle.

ing to make the experience they have acquired on their four previous appearances count. Bosnia also will be out to replicate the entertaining brand of football that made them the fourthhighest scorers in the European qualifiers and Iran, coached by Portugal’s Carlos Queiroz, will hope to combine solid organisation with the technical attributes they have long been known for. All the same, it will be a herculean task stopping Argentines as they try to create another history in Brazil, 28 years after the made the last one at the 1986 finals in Mexico. FACT-FILE Capital: Buenos Aires Population: 41.09million Association: Asociación del Fútbol Argentino (AFA) Appearances: 16 (First in 1930) FIFA Ranking: 6th Nickname: La Albiceleste (The White and Sky Blue) Top Scorer: Gabriel Batistuta (56) Most Capped Player: Javier Zanetti (145) Captain: Lionel Messi Coach: Alejandro Sabella

Saturday, June 21 vs Iran (Belo Horizonte) Wednesday, June 25 vs Nigeria (Porto Alegre) Argentina squad: Goalkeepers: Sergio Romero (Monaco), Mariano Andújar (Catania/Italy), Agustín Orión (Boca Juniors/Argentina). Defenders: Martín Demichelis (Man City/England), Pablo Zabaleta (Man City/England), Federico Fernández (Napoli/Italy), Marcos Rojo (Sporting Lisbon/Portugal), Ezequiel Garay ( Benfica/ Portugal), Nicolás Otamendi (Atlético Mineiro/Brazil), Hugo Campagnaro (Inter/Italy), José María Basanta (Monterrey/Mexico). Midfielders: Javier Mascherano (Barcelona/Spain), Maxi Rodríguez, (Newell’s Old Boys), Fernando Gago (Boca Juniors/ Argentina), Ángel di María (Real Madrid/Spain), Éver Banega (Newell’s Old Boys/ Argentina), José Ernesto Sosa (Atlético Madrid/ Spain), Lucas Biglia (Lazio /Italy), Augusto Fernández (Celta Vigo/ Spain), Enzo Pérez ( Benfica/ Portugal), Ricardo Álvarez (Inter/Italy). Strikers: Lionel Messi (Barcelona/Spain), Sergio Agüero (Man City/England), Gonzalo Higuaín (Napoli/ Italy), Ezequiel Lavezzi (PSG/ France), Rodrigo Palacio (Inter/Italy).


WORLD RECORD

Longest career as a builder

N150

Vol. 04 No. 859 Monday, May 26, 2014

The wages of silence

Edward William Beard (1878–1982), a builder of Swindon, Wiltshire, UK, retired in October 1981 after 85 years with the firm he had founded in 1896.

L

ast week in this column I made a prognosis in the piece, The paradox of common villagers’ heroics, to the effect that “The larger security challenge in the country still remains a Catch-22 situation. The more we think we are getting close to fixing it, the more we discover that there is still more to be done to get to where we wish to be”. There is nothing uncanny about my thought; I just felt that vibes of déjà vu and captured it here. The events of the past few weeks in the country have proved me right. We had Kano, and Kano paled into insignificance when Jos’s twin bomb blasts of last Tuesday happened. The casualty figure of 200 could make anybody weep for this country. All of us cried Eureka when a global coalition emerged to confront Boko Haram, aftermath of the abduction

HeartBeat callistus Oke

Callistusoke@nationalmirroronline.net 08054103275 (SMS ONLY) anthonykila@mail.com of Chibok girls. Two weeks after with no concrete action, despondency is returning. Our prayer must be that something should be seen to be happening. I do not know what you feel about our country. To me, our dear Nigeria is gradually descending into a state of ungovernability. Please, do not get carried away by the plasticized ‘calm’ in Abuja, or many state capitals and some parts of the country. The calmness is on the surface as majority of those whose responsibility it is to drive the governance process in their respective domains live in constant fear. For this reason, what they call a home shifts on daily basis. And for us the powerless, who are far from the theatre of the terror war, we are like non-cigarette smokers who because of closeness to the smokers suffer worse than they do! We share in the traumas of the raging insurgency; and we are daily troubled by the fate of our relations, friends and other Nigerians up North. Many of us immediately picked up our phones to make connect with Abuja on the days of Nyanya bomb blasts out of anxiety for the safety of our loved ones. When I made five futile attempts to reach my daughter on the day of the first blast, my blood pressure went up. I heaved a sigh of relief only when I eventually reached her. So, this Boko Haram thing and many others masquerading as Boko Haram must be seen as everybody’s war. Irrespective of who you are and where you are, so far

E

UNUSUAL THAT IS BECOMING THE USUAL.

IT HAS DISEASED

NIGERIA INTO A STATE OF DEMENTIA! you are in Nigeria the ripple effects of the terror war are shared by us all. Boko Haram is the unusual that is becoming the usual. It has diseased Nigeria into a state of dementia! This is why EVIL is blossoming in the country and some people feel unaffected by it; this people, in a conspiracy of silence, have refused to see this EVIL. The demon of silence has deterred the forging of a common national voice in the denunciation of this evil; and the absence of a common resolve in confronting it is the reason it is still festering. Technological advancement, which has made possible the miniaturization of the instruments of destruction, has engendered a quantum leap in the delivery system of EVIL. In the North East, it is a macabre dance where Yobe, Adamawa and Borno states have lost the status of statehood. The levers of power in the three states only exist in name as governance is in near abeyance. Plateau and Kano states, lately considered peripheral to the raging Boko

Sport Extra

w ngland captain, Steven Gerrard, yesterday admitted that the Brazil 2014 World Cup could be his last tournament in the Three Lions colours. “I’m not going to leave anyone hanging,” Gerrard, who turns 34 on May 30, said. “As soon as the World Cup is

BOKO HARAM IS THE

Haram-induced insurgency, are bursting in their seams with violence. Deaths, destruction and fear have become companions of the people in these states. And in Benue State a palpable air of despondency has descended since the merchants of mass deaths have pronounced it sentence on the state. The hitherto safe southern Nigeria feels the vibration of the odd developments in parts of the North. Nigerians in the South constantly look back to see if a Boko Haramite is lurking in the shadow. Indeed, Nigeria is bleeding from many points, she is fast hemorrhaging, and all we get from the leaders are banal consolations. There is no denying the fact that Nigeria has descended into an era of macro-evil, which is underlined by massive destructions and unconscionable traumatic eviscerations. A line from the 19th century French anarchist, Pierre-Joseph Proudhon, “The fecundity of the unexpected far exceeds the prudence of statesmen”, underlines the gap between the desired and our reality. Nigeria is now reaping the wages of silence. Boko Haram-induced insurgency started like a huge joke and was treated like a joke until it ballooned into a Frankenstein monster. For the power mongers in the North, who deluded themselves into believing the nation’s presidency is theirs for mere asking, denunciation of the evil amounted to the endorsement of the Goodluck Jonathan presidency, and so some of them narcissistically urged the insurgents on, relishing their devilish exploits like sadists. “Let’s see how this infidel usurper will survive this”, was their common refrain. But the consuming inferno has not spared them. In panic, they have belatedly joined the choristers of ‘damned Boko Haram’. Too late, o yes, too late. We are paying heavily for the myopia of the misguided. Deficit in quality leadership and vibrant followership, Nigeria is now oscillating between life and death like a yo-yo.

Gerrard set for international retirement over I’ll sit down with the manager at the right time and I’ll make the decision. “I can be open and honest with you now that I haven’t made that decision because I haven’t had the chance to chat with the manager at length over it.“

But I’ll be chatting to Liverpool Manager Brendan Rodgers, England Manager Roy Hodgson and a few important people around me whose opinion I respect, especially players I’ve played with.

NPL RESULTS Pillars

2-0 Bayelsa

Enyimba 3-0 El Kanemi Wolves

1-1 Sharks

Akwa

1-0 Lobi

Taraba 1-0 Heartland Warriors 3-0 Crown Giwa

Gerrard

4-0 Kaduna

Musa 3-3 Gombe Rangers

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Monday, may 26, 2014  

*** Six hidden bombs yet to explode in Jos ---- ...Cleric sounds the alarm ---- 24 killed in another Borno attack *** Chibok girls: We...