₦airaland Forum

The National Working Committee (NWC) of the All Progressives Congress (APC) has suspended the Governor of Ogun State, Ibikunle Amosun and the Imo State Governor, Owelle Rochas Okorocha for anti-party activities.

Also suspended by the APC NWC over anti-party activities are the Minister of Niger Delta Affairs, Pastor Usani Uguru Usani and the Director-General of the Voice of Nigeria (VON), Mr. Osita Okechukwu.



Read more https://barometerng.com/anti-party-apc-nwc-suspends-amosun-okorocha-usani-okechukwu/

The ruling All Progressive Congress, APC has accused the main opposition, People Democratic Party PDP and its Presidential candidate Alhaji Atiku Abubakar of a plot to use $111million for vote- buying and Card reader tempering under the disguise of logistics expenses.

This was contained in the Press Release signed the party Publicity Secretary Mallam Lanre Issa-Onilu and made available to The BarometerNG.


The Party claimed that the leaked security report of the Peoples Democratic Party (PDP) plan to deploy $111milion for vote-buying across the states under the pretence of “logistics” during the General Elections raises new fears ahead of the forthcoming polls.

Issa-Onilu said “It is now clear that the PDP has no plans to win the elections through legitimate votes, but through illegally procured votes.”



“Again, in the aftermath of the configured card readers recently recovered from PDP agents in some states, the PDP presidential candidate, Alhaji Atiku Abubakar has gone to town with face-saving conspiracies that the All Progressives Congress (APC) has imported slow-working card readers from China which will be deployed to the South South and South East which Atiku considers his “stronghold”, the party lamented.

He said “”Atiku also alleges a plan to shut down communication on Election Day. How illogical that a party that is in a contest with clear superior numerical support would shutdown communication on Election Day. Will the communication shutdown affect only the PDP while leaving APC supporters and agents? Nigerians can see through the infantile lies.



Read more https://barometerng.com/%ef%bb%bfatiku-pdps-111m-cash-for-vote-configured-card-reader-plot-raises-fresh-fears-ahead-of-elections-apc/

The Prof. Abubakar Faki-led All Progressives Congress (APC) Zamfara State Governorship Primaries Committee has announced the cancellation of the primaries held in the state due to election malpractices including snatching of election materials and result sheets by the State’s government officials which were taken to the Government House, Gusau.



The process was also marred by violence.

In the statement signed by Mr. Yekini Nabena, the Publicity Secretary of the party, National Working Committee (NWC) has approved the cancellation of the Governorship primaries. A new date will be announced soonest.

The NWC reiterates our commitment to free, fair and transparent primaries across the country.



Read more https://barometerng.com/apc-nwc-cancels-zamfara-governorship-primaries/

Chief Gani Adetola-Kaseem, Principal Partner of Gani Adetola-Kaseem (SAN) Legal Practice graduated from the Faculty of Law, University of Lagos with LLB (Hons) and LLM. He was called to the Nigerian Bar in 1980 after passing the BL examination that year. He won Sir Lionel Brett’s best prize in Criminal Procedure and another prize in commercial law in that examination.
Until his death at the early hours of today, he was a Fellow of the Chartered Institute of Arbitrators (FCIArb) and a Member of the Nigeria Institute of Management (MNIM). He was also a member of the Nigeria Bar Association, Commonwealth Lawyers Association and International Bar Association.

He established the law firm of Gani Adetola-Kaseem & Co in June 1985 after retiring voluntarily from the Nigerian Federal Public Service as Under -Secretary. The firm has now metamorphosed to Gani Adetola-Kaseem (SAN) Legal Practice following a re-branding process.

Chief Adetola-Kaseem was appointed a Notary Public in 1992, and elevated to the rank of Senior Advocate of Nigeria (SAN) in 2002.



SAN as popularly known among members of Muslim Students Society of Nigeria, Lagos was a consultant to a number of institutions and conducted important negotiations on their behalf on employment-related matters.

He was legal adviser to several other health institutions. He was invited to be pioneer chairman of the Medical and Health Committee of the Section on Legal Practice of the Nigeria Bar Association between 2011 to 2014.

He was also the Membership Officer of the Healthcare and Life Sciences Committee of the International Bar Association between 2012 and 2015.

Chief Adetola-Kaseem is a pioneer leading practitioner in the area of Medical and Health Law and law relating to the management of health institutions generally. He had for over 25 years been lead counsel to and prosecutor before the Medical and Dental Practitioners Disciplinary Tribunal and had conducted several appeals from the decision of the Tribunal in the Court of Appeal and the Supreme Court of Nigeria.

He participated actively in the committees on the repositioning of the National Industrial Court between 2005 and 2011, the result of whose activities culminated in the enactment of the National Industrial Court Act 2006, the National Industrial Court Rules 2007 and Constitution of the Federal Republic of Nigeria (Third Alteration) Act 2010, which made NIC a superior Court of Record and expanded its jurisdiction considerably.

He was largely instrumental to the establishment of the Labour and Employment Committee of the Section on Legal Practice of the Nigerian Bar Association.



GANI ADETOLA-KASEEM (SAN) LP (“GAK LP”) which came into being in June 1985 as Gani Adetola-Kaseem & Co. have a very strong presence in corporate and commercial law practice, especially in the area of Labour, Employment and Industrial Relations where the firm is a leading brand in terms of its spread and depth of practice.



Read more https://barometerng.com/profile-gani-adetola-kaseem-san/

British Prime Minister Theresa May, French President Emmanuel Macron, Iranian President Hassan Rouhani, Australia’s Foreign Minister Julie Bishop and Turkish Foreign Minister Mevlut Cavusoglu have condemned President Donald Trump’s decision to formally recognize Jerusalem as the capital of Israel and to later move the U.S. embassy there. They consider the decision as “regrettable”, ”irresponsible” and ”dangerous” which also “contravenes international law and U.N. Security Council resolutions.”
Nigeria President Muhammadu Buhari has remained silent while countries like Bolivia, Italy, Senegal, Sweden and Uruguay have requested for United Nations Security Council emergency meeting.

World leaders painted the decision as unilateral and outside the vision of a negotiated peace between Israelis and Palestinians and warned of heightened tensions or even violence across the Middle East.



Read more https://barometerng.com/nigeria-mums-as-uk-france-iran-australia-turkey-other-slam-trumps-jerusalem-move-as-irresponsible-regrettable-and-dangerous/

When a Nigerian newspaper referred to the Niger Delta Avengers (NDA) as a terrorist organisation in its November 7, 2017 edition, many people especially from that region flared up in a desperate attempt to reject the terrorism tag.
It was the first time a local newspaper would address the group, which has bombed major oil installations in the Niger Delta, as “terrorist” on its front cover, even when such declaration has not been formally made by a competent court of law or the Federal Government like was done in the case of the Indigenous People of Biafra (IPOB).

IPOB, led by its now-fugitive leader, Nnamdi Kanu, was recently proscribed by an Abuja High court and designated as a terrorist organisation. Yet, so many influential Nigerians, including Prof Pat Utomi and Mr Mike Ozakhome (SAN) rejected the terrorist label, insisting that the secessionist movement is a non-violent, peaceful, freedom-fighting group, even when Nnamdi Kanu was threatening fire and brimstone, training and arming the youths with the intent of setting the nation on fire.

Unfortunately, the same people saying IPOB is not a terrorist group want the Federal Government to declare the Fulani herdsmen terrorists, like it did for Boko Haram, which has killed thousands of Nigerians (Muslims and non-Muslims), slaughtered dozens of Muslim clerics and burnt down places of worship (mosques and churches) since it embarked on campaigns to establish its phantom “Islamic State” in Nigeria.

Another group, the Movement for the Actualization of the Sovereign State of Biafra (MASSOB), has also recently threatened to make Nigeria ungovernable if its demand to conduct a referendum in the South East was not heeded by the Federal Government. Yet, MASSOB has not been branded a terrorist organisation.



Read more https://barometerng.com/terrorism-between-us-and-nigeria-hypocrisy-or-sincerity-by-rasheed-abubakar/

The Executive Chairmen of Local Governments (LGs) and Local Council Development Areas (LCDAs) across Lagos State have embarked on what seems like a political tug of war as many of them have disregarded and discarded the Secretary to the Local Government (SLG) and the Supervisory Councillors (Super) list authorised by Governor Akinwunmi Ambode.
BarometerNG can confirm that the Executive Chairmen of Agbado Oke-Odo LCDA; Arogun Augustine Adeoye, Agboyi Ketu LCDA; Mayor Dele Oshinowo, Alimosho LG; Hon. Jelili Sulaimon, Ikosi Isheri LCDA; Engr. AbdulFattah Oyesansa, Mosan Okunola LCDA; Princess Olabisi Adebajo, and Orile Agege LCDA; Sunday Babatunde and others have held their inauguration of SLGs and Supervisors which is different from the one on the list announced by the State government.

However, BarometerNG can confirm that the Executive Chairmen of Oriade LCDA; Hon. Akinola Hassan Ramotalai Olarewaju inaugurated the SLGs and Supervisors as authorised by the State government.

Lagos State Government, on Thursday 2nd November, announced the appointment of Secretaries to the Local Governments (SLGs) and Supervisors for the 20 Local Governments and 37 Local Council Development Areas.

This was contained in a statement by Secretary to the State Government (SSG), Mr. Tunji Bello.



Read more https://barometerng.com/developing-story-lagos-lg-chairmen-dare-ambode-disregard-governors-slgs-supervisors-list/

While there is no direct evidence of wrong-doing or illegality, the leaks provide an interesting window into the manner in which money is moved, manipulated and hidden behind complex corporate structures around the world.

The President of the Nigerian Senate, Bukola Saraki has been named among 40 world politicians whose offshore hideaways were exposed by a new International Consortium of Investigative Journalists investigations tagged #Paradise Papers.
The papers — which were released Sunday by the ICIJ after being obtained by a German newspaper — include 13.4 million documents that detail offshore holdings by high-profile figures in the world.

It contains the names of more than 120,000 people and companies.Among those whose financial affairs are mentioned are Queen Elizabeth II, President of Colombia Juan Manuel Santos, and U.S. Secretary of Commerce Wilbur Ross.



The leaked 1.4 terabyte data, now infamously dubbed Paradise Papers named Saraki as a director and a shareholder of Tenia Ltd., a company established in the Cayman Islands in April 2001.

Appleby’s records describe Tenia Ltd. as a “holding company.”

In August 2013, Appleby had recorded Saraki’s company as “low” risk and listed the company’s address as 30 Saka Tinubu Street on Victoria Island in Lagos, which his lawyers said was rented by him.



Read more https://barometerng.com/paradise-papers-bukola-saraki-named-in-new-offshore-leak/

The terminated the appointments of Engr. David Babachir Lawal, the suspended Secretary to the Government of the Federation is overdue. the next thing is that the EFCC should pick both of them and do the needful


Read more https://barometerng.com/just-president-buhari-sacks-suspended-sgf-babachir-lawal-amb-ayo-oke-former-dg-nia/

Following months of preparation, WhatsApp has finally added the ability to delete those embarrassing messages you sent by mistake before your contact has had a chance to read them. The best part is that the feature will be available for Android, iOS and Windows Phone users.

Read more https://barometerng.com/whatsapp-finally-added-delete-for-everyone-feature/

A new report from UNICEF and its partners in the Inter-Agency Group for Child Mortality Estimation (IGME), Levels and Trends in Child Mortality Report 2017, shows that Nigeria, the Democratic Republic of the Congo India, Pakistan, and Ethiopia accounted for half of all newborn deaths. The largest number of newborn deaths occurred in Southern Asia (39 percent), followed by sub-Saharan Africa (38 percent).

Every year, millions of children under 5 years of age die, mostly from preventable causes such as pneumonia, diarrhoea and malaria. In almost half of the cases, malnutrition plays a role, while unsafe water, sanitation and hygiene are also significant contributing factors.

Based on current trends, 30 million newborns would die between 2017 and 2030. Eighty percent of these deaths would occur in Southern Asia and sub-Saharan Africa. About one in six of these deaths (5 million) could be averted if
countries at risk of missing the SDG target with low rates of progress and high neonatal mortality rates accelerate progress.



Read more https://barometerng.com/nigeria-dr-congo-3-others-accounted-for-half-of-all-global-newborn-deaths/

Lagos ranked as the eighth worst megacity for women according to the first international experts’ poll on how females fare in the rising number of cities with over 10 million people. Nigeria’s largest city with an estimated 13.7 million people was sixth worst when it came to harmful cultural practices such as female genital mutilation and forced marriages and seventh worst for women to have access to economic resources such as education, land, and financial services such as bank accounts and loans.

The Thomson Reuters Foundation, the philanthropic arm of Thomson Reuters, the world’s largest news and information provider, conducted a survey in 19 of the world’s biggest megacities as ranked by the United Nations.

The Thomson Reuters Foundation, the philanthropic arm of Thomson Reuters, the world’s largest news and information provider, conducted a survey in 19 of the world’s biggest megacities as ranked by the United Nations. The survey asked experts in women’s issues in 19 megacities how well women are protected from sexual violence, from harmful cultural practices, and if they have access to good healthcare, finance and education.

In each of the 19 megacities, the foundation contacted 20 experts focused on women’s issues including academics, non-government organisation workers, healthcare staff, policy-makers, and social commentators and the following questions were asked?


Question Asked and Result
Sexual Violence: Women can live in this city without facing the risk of sexual violence including rape or sexual attacks or harassment.


Access to Healthcare: Women have good access to healthcare including control over reproductive health and maternal mortality.


Cultural Practices: Women are well protected from potentially harmful cultural practices including female genital mutilation, child, early or forced marriage, female infanticide.


Economic Opportunities: Women have access to economic resources such as education, ownership of land or other forms of property, and financial services such as bank accounts.


Read more https://barometerng.com/lagos-named-eighth-worst-megacity-for-women-poll/

In reacting to the Peoples Democratic Party (PDP) recent statement on the plan by the President Muhammadu Buhari administration to obtain a $5.5 billion foreign loan, the All Progressives Congress (APC) urges the PDP to wake up to new realities that the days of borrowing to pay salaries and fund bogus projects are long gone.
In developing economies, governments typically resort to borrowing to finance economic development projects because taxation and other revenue streams may not necessarily provide sufficient funds for economic development. The recent borrowing plans proposed by the President Buhari administration is no different as the President has clearly stated in his request to the National Assembly that the loan will be used to finance the 2017 budget deficit and invest in critical and verifiable infrastructure project which will ultimately grow the economy.

The PDP in its statement unapologetically claimed that it “meritoriously” governed the country for 16 years and “handed over a buoyant economy to the APC in 2015’’. Really, what could be further from the truth? The APC considers the claim a new height of PDP’s insensitivity to the populace and has further exposed the PDP as a Party unrepentant for the rot it left the country after its 16 years rule.

Even when crude sold above $100, the immediate-past PDP-led administration struggled to build savings. In addition, the excess crude account was misspent. Poor capital expenditure meant badly-needed infrastructure development was put on hold. This forced construction companies with government contracts to cut back and sack thousands of workers.



Read more https://barometerng.com/apc-to-pdp-days-of-borrowing-for-salaries-bogus-projects-long-gone/

The executive Chairman of Alimosho Local Government, Hon. Jelili Sulaimon has assured the residents of the local government of Infrastructural Development, Healthcare services, Education and empowerment.
This was made known in his 57th Independent Day Message signed the Executive Chairman, Alimosho Local Government and made available to BarometerNG.

”Today is exactly 57th year that our great nation achieved the most desired and important thing in human life – freedom and independent, he said.

”Our independent no doubt is not to celebrate the number of days spent but to express our joy on the success achieved so far. I congratulate my very dear loving people of Alimohso, the good people of Lagos and every Nigerians on this great day.



Read more https://barometerng.com/hon-jelili-sulaimon-assures-alimosho-of-infrastructural-development-health-care-education/

Lagos State Governor, Mr Akinwunmi Ambode on Wednesday expressed the willingness of his administration to address the security and other challenges facing the students and members of staff of University of Lagos (UNILAG) and the Lagos State University to ensure conducive atmosphere for learning.
Speaking at Lagos House in Alausa, Ikeja when he received the National President of UNILAG Alumni Association and other eminent members of the association on a courtesy visit, Governor Ambode said the State Government would complement the efforts of the UNILAG’s management in necessary and required areas with the overall objective of improving on the learning experience and activities within the university community.

Governor Ambode, who graduated with honours in accounting from UNILAG at the age of 21, said there was no question about the fact that the institution had impacted value and service to the State Government in immeasurable ways and still counting, assuring that the State Government would always be willing and ready to support the institution in whatever areas necessary.

He said: “I am aware that the student population in the university right now is about 40,000. Beyond the fact that the university authority is providing service to that large population, obviously the kind of services we are providing as a government are also complementing in making the school a favourable choice for people to continue to come and learn in Lagos.



Read more https://barometerng.com/well-address-security-challenges-unilag-lasu-ambode/

The National Chairman of the All Progressives Congress (APC), H.E. Chief John Odigie-Oyegun disclosed on Tuesday that devolution of powers and resources in the federation was one of the critical issues canvassed by the various political parties that formed the APC in 2013.
Odigie-oyegun said this when he received a delegation of the Nigerian Christian Elders Forum (NCEF) at the APC National Secretariat on Tuesday.

“It is strange that people ever think or dream that the APC is in any way against some degree of reordering of our federation. Take our constitution, it is replete with references to devolution of powers, resources and the rest of it. As a matter of fact, it was a basic issue at the coming together of the APC, that we must take a fresh look at the distribution of powers and the workings of our federal system.

“Today, we have brought some direction to the debate rather than everybody trumpeting restructuring without exactly getting down defining what restructuring really means. We are now engaged in that exercise and I think things are beginning to be clearer as to what different groups want. At the end of the day, what will happen is what will make our federation stronger and what most of the people of this country are ready to accept and work with.” The APC National Chairman said.



Read more https://barometerng.com/devolution-powers-critical-issue-formation-apc-says-odigie-oyegun/

Gov. Ambode, Asiwaju Tinubu, Hon. AbdulHakeem Mourn Late Chief Imam of Lagos

Lagos State Governor, Akinwunmi Ambode on Sunday expressed sadness over the death of the highly revered Chief Imam of Lagos, Sheikh Garuba Ibrahim Akinola (Gana V). Akinola, who was turbaned and later given the official staff of office as the 9th Chief Imam of Lagos Central Mosque in 2000 died on Sunday in Lagos at the age of 79.
The Governor in a condolence message signed by his Chief Press Secretary, Habib Aruna, described the development as a great loss to the Muslim Community, the State and the country in general. He said the late cleric would be sorely missed and remembered for his bold and courageous sermons which stood him out in the present-day Nigeria.

All Progressives Congress (APC) National stalwart, Asiwaju Bola Ahmed Tinubu, has mourned the death of Chief Imam of Lagos State, Sheikh Garuba Akinola Ibrahim (Gana V). The former Lagos governor said the Imam would be sorely missed as he always put his deep knowledge and understanding of Islam at the disposal of many in Lagos.

In a statement issued Lagos by Tinubu Media Office, Asiwaju Tinubu said: “I’m deeply saddened by the death of the Chief Imam of Lagos. But as Muslims, we must take every occurrence as the will of Allah.

“As the leading Islamic scholar in Lagos, Sheikh Ibrahim will be sorely missed not only by Muslim faithful but by the people of Lagos and South-west.

“Sheikh Ibrahim always put his deep knowledge and understanding of Islam at the disposal of many. Through his sermon and ‘Khutbat’, he drew attention to the various societal ills and suggested corrective steps.

Lagos State Commissioner for Home Affairs, Dr AbdulHakeem AbdulLateef has described the late Chief Imam of Lagos, His Eminence, Sheikh Garuba Akinola Ibrahim as an icon of religious tolerance who lived a life worthy of emulation. He stated this in a condolence message issued and signed by his media aide, Olalekan Murisiku in Lagos.

Read more https://barometerng.com/gov-ambode-asiwaju-tinubu-hon-abdulhakeem-mourn-late-chief-imam-of-lagos/

Gov. Ambode, Asiwaju Tinubu, Hon. AbdulHakeem Mourn Late Chief Imam of Lagos

Lagos State Governor, Akinwunmi Ambode on Sunday expressed sadness over the death of the highly revered Chief Imam of Lagos, Sheikh Garuba Ibrahim Akinola (Gana V). Akinola, who was turbaned and later given the official staff of office as the 9th Chief Imam of Lagos Central Mosque in 2000 died on Sunday in Lagos at the age of 79.
The Governor in a condolence message signed by his Chief Press Secretary, Habib Aruna, described the development as a great loss to the Muslim Community, the State and the country in general. He said the late cleric would be sorely missed and remembered for his bold and courageous sermons which stood him out in the present-day Nigeria.

All Progressives Congress (APC) National stalwart, Asiwaju Bola Ahmed Tinubu, has mourned the death of Chief Imam of Lagos State, Sheikh Garuba Akinola Ibrahim (Gana V). The former Lagos governor said the Imam would be sorely missed as he always put his deep knowledge and understanding of Islam at the disposal of many in Lagos.

In a statement issued Lagos by Tinubu Media Office, Asiwaju Tinubu said: “I’m deeply saddened by the death of the Chief Imam of Lagos. But as Muslims, we must take every occurrence as the will of Allah.

“As the leading Islamic scholar in Lagos, Sheikh Ibrahim will be sorely missed not only by Muslim faithful but by the people of Lagos and South-west.

“Sheikh Ibrahim always put his deep knowledge and understanding of Islam at the disposal of many. Through his sermon and ‘Khutbat’, he drew attention to the various societal ills and suggested corrective steps.

Lagos State Commissioner for Home Affairs, Dr AbdulHakeem AbdulLateef has described the late Chief Imam of Lagos, His Eminence, Sheikh Garuba Akinola Ibrahim as an icon of religious tolerance who lived a life worthy of emulation. He stated this in a condolence message issued and signed by his media aide, Olalekan Murisiku in Lagos.

Read more https://barometerng.com/gov-ambode-asiwaju-tinubu-hon-abdulhakeem-mourn-late-chief-imam-of-lagos/

The ever-combative Christian Association of Nigeria (CAN) is once again accusing the Muhammadu Buhari-led Federal Government of plots to ‘Islamise’ Nigeria through the back door, using the Sukuk Islamic bond as handle.
CAN’s latest allegation is contained in a statement issued on Tuesday in Abuja through its general secretary, Rev. Musa Asake.

The Christian body called on the Federal Government to without delay abrogate the laws and framework behind the bond, vowing to seek legal redress should government fail to do that.

What is Sukuk
Sukuk are investment certificates that give Shariah compliant returns on investments.

On the FGN Debut Sovereign Sukuk, the Federal Government issued its first Sukuk (non-interest lease assets facilities) between Thursday 14th September 2017) and Wednesday 20th September after decades of advocacy by Muslim Finance experts for non-interest financial instruments like the Sukuk.

This was followed by few newspaper advertisements of the offer.

FGN Sukuk has been certified as Shariah-compliant by the Financial Regulation Advisory Council of Experts (FRACE) of the Central Bank of Nigeria.

The Council after painstaking review of the structure and contract documents with the legal and financial teams, and making necessary corrections signed off the certificate of Shari’ah compliance of the debut Sukuk.



Read more https://barometerng.com/can-sukuk-and-alleged-islamisation-plot-yinka-salaam/

Nigeria has started the sale of a 100 billion naira ($326 million) debut FGN Sukuk on the local market to fund road infrastructure, the Debt Management Office said on Thursday. The seven-year Islamic bond which is structured as a lease will yield a 16.47 percent rental rate, payable semi-annually. Subscription for the bond, which is guaranteed by the government, will close on Sept 20.
What is Sukuk
“Sukuk” is an Arabic term which simply means “certificates”. The origins of Sukuk can be traced to the classical Islamic period during which papers representing financial obligations from trade and other commercial activities were issued.

In its present form, a Sukuk issue is akin to the conventional concept of securitization – a process in which ownership of an underlying asset/project or transaction is transferred to a large number of investors through certificates representing proportionate value of the relevant assets.

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI), the leading international not-for-profit organization primarily responsible for development and issuance of standards for the global Islamic finance industry whose standards has been adopted by Central banks and regulatory authorities in a number of countries, either on a mandatory basis or as basis of guidelines defines Sukuk as “certificates of equal value representing common shares in ownership of tangible assets, usufruct and services or (in the ownership of) the assets of a particular project or a specific investment activity.”

The sukuk has swiftly emerged as an alternative financing mode for sovereigns and corporates alike (regardless of faith) and is now popularly termed the flagship instrument of the Non interest Finance industry.

Sukuk represent ownership shares in assets that generate profits or rentals to Sukuk holders. Hence, it is essential that Sukuk are actually represented by a specific, tangible asset throughout its entire tenure and Sukuk holders must have a proprietary interest in the assets which are being financed.

Ijarah (Lease) Sukuk
This is the most common Sukuk issuance type for project finance or acquisition of new assets. Ijarah Sukuk is a leasing structure with a right available to the lessee to purchase the asset at the end of the lease period (similar to finance lease). The rental rates of return on Ijarah Sukuk can be fixed or floating.


Read more https://barometerng.com/all-you-need-to-know-as-nigeria-starts-sale-of-100-bln-naira-sukuk/

The All Progressives Congress (APC) appeal committee for the Party’s August 26, 2017 Anambra State Governorship Primaries submitted the Committee’s report on Tuesday at the Party’s National Secretariat in Abuja.
The APC National Organising Secretary, Sen. Osita Izunaso received the report from the Secretary of the three-member appeal committee, Dr. Nosa Aladeselu. The committee also comprises Dr. Hassan Lawal (Chairman) and Hon. Mala Fantami (member).

Sen. Izunaso who received the report on behalf of the APC National Chairman, Chief John Odigie-Oyegun said a final decision on the appeal committee’s report and recommendations will be taken by the Party’s National Working Committee (NWC).

Izunaso said: “This is just one of the processes. After primaries, there will sometimes be an appeal. If there are petitions, they will be sent to the appeal committee and the committee will look at the petition and also forward their report and recommendations to the National Working Committee (NWC). This report will be presented to the NWC to enable us take the final decision.”

Read more https://barometerng.com/apc-appeal-committee-submits-report-on-anambra-governorship-primaries/

Poverty and state violence, not religion, are driving young Africans to join militant groups, the United Nations said on Thursday, after interviewing almost 600 recruits.
It is easiest for organisations like al-Shabaab and Boko Haram to recruit young people who are unemployed and frustrated about lack of opportunities and services in remote areas, the U.N. Development Programme (UNDP) said.

But researchers found about 70 percent of recruits said their “tipping point” was a government action, often the arrest or killing of a friend or relative by security forces.

“Contrary to popular narratives, those who join extremist groups tend to have lower levels of religious or formal education and less understanding of the meaning of religious texts,” UNDP said in a statement.



“Actually understanding one’s religion can strengthen resilience to the pull of extremism.”



Read more https://barometerng.com/poverty-and-state-abuse-not-religion-push-africans-boko-haram-al-shabaab-others-u-n/

Nigeria is the focal point for a significant amount of e-commerce growth in Africa. The country’s three main online retailers— Jumia, Jiji and Konga—serve a mass-market clientele across the region. And the country is in pole position to take advantage of e-commerce potential, on the basis of its high business environment opportunity potential.
This was based on the white paper report titled How technology is driving retail in Africa by The Economist Intelligence Unit, the research and analysis division of The Economist Group, the sister company to The Economist newspaper.

In this white paper, find out how technology is shaping retail markets in Africa, through rising smartphone penetration, the use of mobile broadband and network coverage on the continent. What does the future look like for these fast-growing retail markets, and which obstacles remain?



Read more https://barometerng.com/nigeria-leads-african-e-commerce-market-technology-drives-retail/

Nigeria has emerged 17th position of the 25 countries the Food Sustainability Index an index revolving around 3 main pillars based on the central paradoxes identified by the Milan Protocol.
The Food Sustainability Index is a ranking of 25 countries on food system sustainability. It was created as a quantitative and qualitative benchmarking model, constructed from 58 indicators that measure the sustainability of food systems across three themes: Food Loss and Waste, Sustainable Agriculture, and Nutritional Challenges. The index contains three types of key performance indicators: environmental, societal, and economic.



These three concepts are quantified and measured by a mix of quantitative and qualitative indicators that constitute the framework for the index assessing the 25 countries.



Read more https://barometerng.com/nigeria-emerges-17th-of-25-countries-in-the-food-sustainability-index/

New round of talks between Burundi Government and opposition in Arusha, announced by the office of former Tanzanian President Benjamin Mkapa early July, did not materialise. Boko Haram (BH) continued to intensify attacks in Far North of Cameroon against civilians and military. Violence involving armed groups in Central African Republic continued, including against humanitarian workers and facilities.

Chad Authorities arrested Laoukein Médard, 2016 presidential candidate and mayor of second largest city Moundou in south 2012-June 2017, for embezzlement 13 July; opposition denounced arrest as political. Electoral commission (CENI) said elections will not take place in Dec 2017 as foreseen in 31 Dec 2016 agreement and Felix Tshisekedi, leader of opposition coalition Rassemblement said CENI had “declared war” on people of Democratic Republic of Congo.

Ethiopia government’s introduction of law raising taxes on small businesses triggered protests in several towns in Oromia region; business owners called for open-ended strikes. Eritrea said it would only recognise as mediator Qatar, which withdrew ceasefire monitoring mission from Doumeira early June.

Al-Shabaab continued to attack civilian and military targets in Somalia and Kenya.In run-up to 8 August Kenyan elections, Al-Shabaab intensified attacks in Lamu county on coast and political tensions rose amid election-related violence. Somaliland rejected Somalia President Farmajo’s call previous day to unify Somalia and Somaliland.

U.S. President Trump pushed back by three months 12 July deadline for U.S. to assess whether Sudan has made sufficient progress on five tracks to warrant lifting sanctions, President Bashir responded by suspending monthly meetings with U.S. on sanctions.

Sudan supported South Sudanese rebels, Sudan People’s Liberation Army-In Opposition (SPLA-IO), to launch attacks from Sudan against govt forces in northern Unity oil field.

Police arrested at least 60 opposition supporters protesting reported bid by ruling party National Resistance Movement to amend constitution, lift age limit for presidential candidates and allow President Museveni of Uganda to run for sixth term in 2021.

Following multiple suspected arson attacks, including on main market in capital Lusaka, President Lungu of Zambia imposed emergency rule, increasing authorities’ powers of detention, to counter “acts of sabotage” he blamed on opposition.

First Lady of Zimbabwe, Grace Mugabe told Mugabe to name preferred successor to end factionalism within ruling ZANU-PF party.

Persistent tensions between former rebels and Côte d’Ivoire Government, and among security forces led to renewed violence. Demobilised former rebels 9 July blocked entrance to Bouaké in centre demanding FCFA18mn (about $32,000) each; police dispersed them with tear gas.



Opposition led by Union of Democratic Forces of Guinea (UFDG) demonstrated in Conakry against repeated postponement of local elections, denounced alleged plan by President Condé’s inner circle to amend constitution to allow him to run for third term.

Serious fighting between signatory parties of June 2015 peace agreement resumed in Kidal region in north of Mali. Boko Haram (BH) attacks rose again in Diffa region in south east Niger, alleged BH militants killed nine civilians and abducted dozens in Ngalewa village, looting food and cattle.
Boko Haram (BH) continued attacks in Borno state in North E Nigeria killing over 100 during the month. BH ambushed oil exploration team from federal government-owned Nigeria National Petroleum Corporation and University of Maiduguri, killing some 50 people and abducting unknown number. BH issued video of abducted university staff, who said they were held by Al-Barnawi faction.


Read more https://barometerng.com/overview-of-crisis-trends-in-july-outlook-for-august-2017-across-africa/

July saw Venezuela’s political turmoil worsen as the government pressed ahead with an election for an all-powerful constituent assembly, prompting fears of further violence and economic collapse. Political tensions rose in the run-up to polls in Kenya as Al-Shabaab intensified attacks.
Grievances in the security forces led to more violence in Côte d’Ivoire and Zambia’s president imposed emergency rule. In Yemen, fighting between Huthi rebels and the Saudi-led coalition escalated, raising the risk of worse bloodshed in August, while in both South Sudan and Mali deadly clashes strained fragile peace processes.

Talks between Greek and Turkish Cypriot leaders to reunify the divided island collapsed. In East Asia, North Korea’s launch of two inter-continental ballistic missiles added to growing regional and international concern over the threat posed by Pyongyang.



Read more https://barometerng.com/overview-of-crisis-trends-in-july-outlook-for-august-2017-around-the-world/

At the start of the month of July, Nigeria Chief of army staff, Lt Gen Tukur Yusuf Buratai claimed that his military had defeated #BokoHaram. In an interview with BBC, he said, “militarily, Boko Haram has been defeated”.

Nevertheless, the presence of the group is still being felt, and in the most tragically tangible way possible. In June there were 53 deaths attributed to Boko Haram. More than 50 people were killed in a Boko Haram ambush on an oil exploration team in northeast Nigeria in the month of July.


“Militarily, Boko Haram has been defeated” What does that even mean? What is obvious and pathetic is that Boko Haram is still taking lives of Nigerians in the North East. Although Boko Haram now lacks the capacity to hold territory, they are still a potent threat in as far as carrying out suicide bombings and attacks on isolated communities and rural areas are concerned. Certainly, Boko Haram hasn’t been eliminated, and it is arguable that it hasn’t even been defeated.

Over the past few months, there have been a number of such attacks in motor parks, in and around the University of Maiduguri and on neighbourhoods on the outskirts of the city where Boko Haram can easily gain entry.

In order to avoid detection, they often use young girls to perpetrate these attacks. What is still unclear however, is if these girls are willing tools, or acting based on coercion. It has become clear that some of these attacks are coordinated, and are actually multiple attacks across various places, either suicide bombings or accompanied by gun attacks.


Read more https://barometerng.com/militarily-boko-haram-has-been-defeated-what-does-that-even-mean/

OcheniEdit
Professor Stephen Ikani Ocheni, the Kogi State new minister just sworn in by acting President Yemi Osinbajo is a Professor of Public Sector Accounting and currently the re-elected Dean of Faculty of Management Sciences, Kogi State University, Anyigba.

Stephen Ocheni hails from Uwowo in Igalamela/Odolu Local Government Area of Kogi State.

He obtained his West African School Certificate from Idah Secondary Commercial College, Idah, in 1979 and bagged a Higher National Diploma from the Federal Polytechnic, Idah, in 1983.

The Minister obtained an MBA (Finance) from Enugu State University of Science and Technology in 1990 and bagged a PhD in Financial Management from the prestigious University of Nigeria, Nsukka in 2004 after successfully undergoing a rigorous M.Sc/PhD programme.

Stephen Ocheni took his quest beyond the shore of Nigeria as he embarked on series of professional training in the United States and the United Kingdom. These endeavours fetched him a Certificate in “Strategies for Home ownership”, from Howard University Washington DC, USA, Certificate in Internal Auditing with Computer Application from Worthing, West Sussex U.K, and Certificate in Project Financing and Sustainability, USA.



Read more https://barometerng.com/what-we-know-about-new-minister-stephen-ocheni/

Who is Sheikh Mustapha Zuglool


Sheikh Mustapha Zuglool Sanus was a reputable historian in his own class. He was a student of the great scholar Sheikh Abdullah Adam Al Ilori.

Sheikh was born on 18 August 1937. He received his early education and training under the tutelage of his father Mohammed Sanusi.

At the age of 18, he enrolled at the Center for Arabic and Islamic Education popularly referred to as Markaz in Agege, Lagos, Nigeria under the patronage of the late Sheikh Adam Abdullah Al-ilori.

He travelled to Lebanon to further his studies. He visited some of the Islamic countries, including Egypt, Syria, Jerusalem, Jordan, Saudi Arabia in 1960s. He was granted a diplomatic leave in 1967.

In 1970, the late Sheikh founded the Daarul Dawah Wal Irshad in Mushin, Lagos and in 1971, he moved to his new headquarters in Isolo.

He was the Director, Principal, Teacher at the Institute, also an expert on tafsir (Quranic exegesis), a historian per excellent, Preacher of repute well respected in the circle of Islamic and Arabic Scholars in the country.

The resident of Weighbridge Owode Ajegune woke up to the devastation left behind by the suspected Badoo ritual gang of Ikorodu. A resident who was at the scene of the incident reliably informed the BorometerNG that terror gang killed three people in Owode-Ajegunle area, Lagos.
The ritual gang attacked Crystal Church of Christ (C&S) Aladura at no 4, Victor Anibaba Street, Owode Weighbridge, along Ikorodu Road.

The cultists attacked the wife of the founder of Crystal Church of Christ (C&S) Aladura, Mrs. Ajidara, her two-year-old daughter and another woman who lived in the church with her daughter.

The people of Owode Ajegunle community that is closer to Ikorodu was in a mourning mood as the security fear grips them.



Read more https://barometerng.com/badoo-ritual-gang-moves-into-owode-ajegunle-killed-three/