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Many residents were displaced on Thursday after some government officers demolished Monkey Village in the Opebi area of Lagos State.SOURCE: https://punchng.com/residents-displaced-as-lagos-demolishes-monkey-village/
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The Federal High Court on Tuesday dismissed the suit filed by the PDP seeking disqualification of Mr Osagie Ize-Iyamu as governorship candidate of the APC in the 19 September 2020 election in Edo State. Justice Ahmed Mohammed dismissed the suit on grounds it “has become an academic exercise”. The judge noted that since the APC lost the election, there would be “no benefit” for the PDP to gain in the success of the suit. Justice Mohammed added that APC and Ize-Iyamu were not challenging the outcome of the election at the Election Petition Tribunal which is the forum with the exclusive jurisdiction to determine who is validly elected in the election. “This suit has become academic and it is hereby struck out,” the judge ruled. PDP had on July 3, 2020 sued Ize-Iyamu and two others claiming that the primary election of the APC that produced him as the party’s governorship candidate in the governorship election was not validly conducted. The other two defendants were the Independent National Electoral Commission and the APC. But Ize-Iyamu and APC in their opposition to the suit urged the court to dismiss it for being a mere academic exercise, as said election had been conducted and both Ize-Iyamu and his party, the APC lost. They also argued that they did not challenge the outcome of the September 19 governorship election which was won by the PDP and Mr Godwin Obaseki and Philip Shuaibu, as the governor and deputy governor, respectively. Meanwhile, the judge also in another suit challenging Governor Obaseki’s nomination as the PDP’s candidate admitted as Exhibit PL2, the Form EC9 which was completed and submitted to INEC ahead of September 19, 2020, by the governor. The APC and one Edobor Williams had filed the suit seeking an order disqualifying Obaseki as a candidate in the governorship election on grounds he forged his first-degree certificate which he submitted to INEC in aid of his qualification for the governorship poll. Justice Mohammed overruled the objection by the PDP and Obaseki and admitted the document on the ground it was relevant to the case. The judge gave the governor and other defendants opportunity to cross-examine the INEC official subpoenaed to produce the document. According to the judge, without the form EC9, “the whole case would collapse like a pack of cards”. He adjourned the case till Wednesday for the plaintiffs to close their case. SOURCE (abridged): https://punchng.com/edo-court-dismisses-pdps-suit-seeking-ize-iyamus-disqualification-as-apc-candidate/ |
DELE OGUNYEMI writes that the abduction of two female schoolteachers in Ohorhe community, Delta State, and their freedom after 10 days in the kidnappers’ den highlights need for better security arrangement in the state, especially in rural areasSOURCE (abridged): https://punchng.com/fear-grips-delta-community-students-abandon-school-as-gunmen-abduct-teachers-in-broad-daylight/
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DAUD OLATUNJI chronicles the growing incidence of cultism among secondary school students in Ogun State and the attendant negative effects...SOURCE (abridged): https://punchng.com/ogun-battles-cultism-headache-in-secondary-schools-as-teenage-cultists-unleash-terror/
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Nigerian Government on Monday 21 December ordered closure of all schools in the country till 18th of January, 2021. This became necessary following the 2nd wave of COVID-19 pandemic in the country. Chairman of the Presidential Task Force on COVID-19, Boss Mustapha, said this at a press briefing of the task force in Abuja.SOURCE: https://dailypost.ng/2020/12/21/covid-19-second-wave-all-schools-to-remain-closed-till-january-18-nigerian-govt/
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Martin Luther King Jr. (born Michael King Jr.; January 15, 1929 – April 4, 1968) was an American Christian minister and activist who became the most visible spokesperson and leader in the civil rights movement from 1955 until his assassination in 1968. King is best known for advancing civil rights through nonviolence and civil disobedience, inspired by his Christian beliefs and the nonviolent activism of Mahatma Gandhi. On October 14, 1964, King won the Nobel Peace Prize for combating racial inequality through nonviolent resistance. In 1965, he helped organize two of the three Selma to Montgomery marches. In his final years, he expanded his focus to include opposition towards poverty, capitalism, and the Vietnam War. In 1968, King was planning a national occupation of Washington, D.C., to be called the Poor People's Campaign, when he was assassinated on April 4 in Memphis, Tennessee. His death was followed by riots in many U.S. cities. Allegations that James Earl Ray, the man convicted of killing King, had been framed or acted in concert with government agents persisted for decades after the shooting. King was posthumously awarded the Presidential Medal of Freedom and the Congressional Gold Medal. Martin Luther King Jr. Day was established as a holiday in cities and states throughout the United States beginning in 1971; the holiday was enacted at the federal level by legislation signed by President Ronald Reagan in 1986. Hundreds of streets in the U.S. have been renamed in his honor, and the most populous county in Washington State was rededicated for him. The Martin Luther King Jr. Memorial on the National Mall in Washington, D.C., was dedicated in 2011. SOURCE: Extracted from www.wikipedia.com |
Former U.S. First Lady and Secretary of State, Hillary Clinton, on Monday renewed her call for abolition of the country’s Electoral College. She made the call in a tweet shortly after voting as an elector alongside her husband and former President Bill Clinton in New York.https://punchng.com/clinton-renews-call-for-abolition-of-us-electoral-college/ I believe we should abolish the Electoral College and select our president by the winner of the popular vote, same as every other office.https://twitter.com/HillaryClinton/status/1338548429753081868?s=19
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A consultant paediatrician at the Nigerian Institute of Medical Research, Yaba, Lagos, Dr. Agatha David, says kissing a newborn on the lips or any part of the face can lead to meningitis, a viral infection caused by herpes. She warned parents against allowing outsiders to carry their newborns, especially within the first month of life, noting that their immune system is still very fragile to fight off pathogens or environmental germs. Dr. David, who is the head, Clinical Trial Research Group and Chief Research Fellow at NIMR, disclosed this during an interview with PUNCH HealthWise, adding that some adults have blisters on the side of their lips caused by Herpes Simplex virus, and can also have it transmitted to a newborn through their breath. The paediatrician said, “A baby’s immune system is not properly developed to fight off the infection. Herpes can be fatal at whatever age, and can manifest like blisters or fever burns. Herpes doesn’t clear, as it stays in the body and manifests when the immune system is suppressed. Kissing a baby on the face can cause such an infection that affects even the brain, and can lead to death,” she warned. David explained that meningitis is an inflammation of the fluid and membranes surrounding the brain and spinal cord. She said it is often less severe than bacterial meningitis, and that most people get better on their own, but babies younger than one month old are more likely to have severe illness from viral meningitis. “People displaying any visible signs of illness or common cold, cough, runny nose, sore throat, or a rash should not come into close contact with a newborn. People should treat newborns with respect. Wash and sanitise your hands when paying a visit to a home where there is a new baby. Don’t get too close. It is our culture to show love and care to a newborn, but such acts can endanger the life of the baby,” the consultant warned. The Centres for Disease Control and Prevention also warned that herpes virus, which commonly affects the mouth in the form of cold sores, can cause significant infections in newborns. “Herpes outbreaks can be painful or unsightly in adults; and when a newborn is infected with herpes, serious and, sometimes, fatal complications can occur,” CDC warned. SOURCE: https://punchng.com/kissing-newborn-babies-can-give-them-viral-meningitis-experts/
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The Federal Government on Wednesday said over 700 road projects were currently ongoing across all geopolitical zones in Nigeria. It said the roads include intervention projects in higher institutions of learning and assured it would complete ongoing iconic road infrastructure across the country. Perm Sec, Federal Ministry of Works and Housing, Ernest Umakhihe, disclosed this at the ongoing 26th National Council on Works in Port Harcourt. He was quoted in a statement issued in Abuja by the Director, Press and Public Relations, Boade Akinola, as saying, “The FG is committed to completing some iconic projects such as the 2nd Niger Bridge, Bodo-Bonny Road, Abuja-Kaduna-Kano Expressway and Obajana-Kabba Road in Kogi State. “In same vein, government is also committed to completing the Sukuk bond financed road projects across the 6 geopolitical zones of the country and maintain scheduled maintenance of 5,000km of roads annually.” SOURCE: https://punchng.com/700-road-projects-currently-ongoing-fg/ |
If you are one of those who shops online frequently without reading the small print, this post is for you and trust me, it will shock you! SOURCE: https://www.stelladimokokorkus.com/2020/12/important-information-read-before-you.html?m=1
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Lagos State Police Command has arrested a teenager, Ujunwa Offiah, for allegedly conspiring with her boyfriend, Blessed Ifesinachi, to fake her kidnap and demand N30m ransom from her family. The police also arrested an accomplice, Precious Chukwu, 22, whose phone was reportedly used to negotiate with Offiah’s family. The state Commissioner of Police, Hakeem Odumosu, while parading the suspects at the command headquarters on Monday, said the principal suspect, Ifesinachi, was at large. Odumosu said, “This is a case of conspiracy and staged kidnapping, and the man at the centre of this case, who happens to be a Uber driver, is still at large. We are going after him because he conspired with one of these two ladies, Offiah, who faked her kidnap. “He cleverly used the phone of another girlfriend, Precious (Chukwu), to contact Offiah’s family, informing them that their daughter had been kidnapped. He requested N30m from Offiah’s family to get her freed and during negotiations, which involved the police, they settled for N700,000. While the money was being dropped, we took action and in the process arrested Offiah and Precious.” Speaking with PUNCH Metro, Offiah said she joked about the kidnap with Ifesinachi, adding that she was surprised he took it seriously. She said, “I met Ifesinachi in October, and when we got talking, I jokingly told him to kidnap me so that he would collect ransom from my sister. I never knew that he took it seriously until he told me he had gone to the village to meet a native doctor and also discussed with his guys about the deal. When he said he was ready, he realised that I was scared and threatened to kill me if I informed anybody of the plan. "So, I refused to tell anybody because he is a cultist. On November 27, on my way back from school, I went to meet him and a girl, Patience, at 2nd Rainbow, and from there, we went to a hotel. At the hotel, he called my sister to demand N30m as ransom, but when I heard that my grandmother had collapsed in the village because of what happened to me, I told him to accept any amount they offered. “On Thursday, he went to get the money and came back to the hotel on Friday morning. He told me he collected N600,000 and released me thereafter. When I saw my family members, I told them that I was kidnapped by some guys. I lied to my family and the police, because he threatened to kill me, including my sister’s children. It was when I saw his girlfriend and my schoolbag that I confessed about the whole kidnap.” Chukwu denied knowing that her phone was being used to negotiate the ransom. She said, “He (Ifesinachi) asked for my phone that he wanted to use it for business. I never knew he wanted to use it to do this kind of a thing. I was at my workplace when the police came to arrest me.” SOURCE (abridged): https://punchng.com/teenager-fakes-own-kidnap-with-lover-demands-n30m-from-family/
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Men of the Ogun State Police Command have arrested a Lagos-based car wash operator, Idris Ayotunde, after he absconded with his customer’s car. He was said to have fled with the car to Ogun State. The OND holder from a polytechnic in one of the South-West states, reportedly started the car wash business at Jimoh bus stop, Shasha, Akowonjo, Lagos State, a few months ago. The Ogun State Police Public Relations Officer, DSP Abimbola Oyeyemi, disclosed these in a statement on Sunday. The PPRO said the car owner took it for vacuum cleaning and handed over the key to the suspect. “Since he did not have vacuum cleaner in his car wash, he decided to take it to another car wash nearby. But he changed his mind on the road and bolted away with the car. It was on his way to Ibadan where he intended to dispose the car that he was arrested. The owner of the car, Mrs Shofidiya Tosin, who reported the case at the Shasha Police Station, has been contacted,” Oyeyemi added. On how the suspect was arrested, Oyeyemi said, “The suspect was arrested at Alakija village via Olodo around 8.17 am by a safer highway patrol team which was on stop and search along the Abeokuta-Ibadan Expressway. The team stopped the car and demanded its documents, which the suspect was unable to produce, consequent upon which he was taken to Odeda divisional headquarters where the DPO, Ajayi Williams, personally interrogated the suspect and found out he actually stole the car.” The PPRO said the state Commissioner of Police, Edward Ajogun, has ordered the transfer of the case to Lagos, where the car was stolen. SOURCE: https://punchng.com/lagos-car-wash-operator-bolts-away-with-customers-car/
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The trial of Abdulrasheed Maina, former chairman, Pension Reform Task Team, (PRTT) continued on Thursday, December 3, 2020, with the prosecution witness nine (PW9), Rouqayyah Ibrahim, telling the Federal High Court, Abuja, presided over by Justice Okong Abang how Maina acquired properties in Dubai, United Arab Emirate, United States of America, and a $2million property in Jabi, Abuja. The witness, who is an EFCC detective revealed that a prosecution witness, Adamu Modibbo, who testified to the EFCC regarding the said Jabi, Abuja property, allegedly died of Covid-19 after his statement to the Commission. She also revealed that about 32 documents, hard discs and flash drives relating to properties linked to Maina and his family and details of some of his investments in Dubai and in the US were recovered from him. “Particularly in Dubai, investigation revealed that his company, Northrich Company owned over 50 cars that were used for transportation business and he owns a villa in a highbrow area in Dubai. His wife Laila Abdurrasheed also owns cleaning services, called Spotless and Flawless. We also recovered pay slips during our investigation,” she said. The witness also disclosed that investigation proved that another of Maina’s company, Kangolo Dynamic does no business but that the defendant created a bank account for it in which his name did not appear anywhere on the account documentation even though he was in control of all the deposits in it. She also told the court that investigation showed that Colster Logistics, belonging to Maina had a Fidelity Bank dollar account which had an inflow of over $400,000, 00 (Four Hundred Thousand Dollars) from cash deposits as at the time the company was investigated. She further told the court that over N500 million was discovered in the account of Kangolo Dynamic, within the years Maina was chairman, PRTT. According to the witness, in the course of the investigation, letters were written to the Federal Road Safety Corps, FRSC, to verify the authenticity of the driver’s license used in opening some of the accounts; Code of Conduct Bureau ( CCB) for Maina’s declared assets; Federal Civil Service Commission, Office of the Head of Service of the Federation (HOSF) and Accontant General of the Federation, (AGF), to confirm if Maina was still a civil servant and for his pay slips. Also written was the Federal Inland Revenue Service,FIRS, for the tax returns of his companies and the Corporate Affairs Commission (CAC) for the registration documentation of the companies and their annual returns. All the documents and written responses of the government agencies were tendered as exhibits with prosecution counsel, M.S. Abubakar, praying the court to foreclose the right of the defendants to respond to the admissibility of the documents; hence they had no legal representation. Justice Abang upheld the prosecution’s prayer, noting that opportunity was offered to the defendants to be in court to oppose the admissibility of the document in evidence, but they failed to appear and also failed to engage counsel of their choice. Justice Abang adjourned the matter till December 4, 2020, for continuation of trial. Maina is being tried in absentia, having jumped bail and refused to present himself for trial. SOURCE: https://gwg.ng/2020/12/03/how-maina-lavished-pensioners-money-in-dubai-usa-abuja-court-told/ |
Dr. Odochi Ewurum, a Consultant Paediatrician at Federal Medical Centre (FMC), Umuahia, has warned on the dangers of nursing mothers breastfeeding their babies while lying down. He gave the warning in an interview with the News Agency of Nigeria (NAN) in Umuahia on Tuesday. She said the practice could lead to infections and other complications in the child. She said a mother was not supposed to be lying down, while breastfeeding her baby. According to her, the mother should rather sit comfortably, carry the child up and make sure the child relaxes properly to the breast. Ewurum said: “One of the disadvantages of lying down is that as the child sucks, it could aspirate. The breast milk can leave the child’s stomach and enter into the lungs and this can cause lung infection. Also, as the child is sucking, some of the breast milk might drip out of the mouth into the ear. It becomes a foreign body in the ear and with that, ear infection can occur. If the breast milk enters the nose, ear or eye, it is a foreign body. Breast milk should get to the stomach where it will be digested and become nutritive to the child." Ewurum said that the stress of breastfeeding at night by nursing mothers made it imperative for relations to come around to help out whenever a woman put to bed. “So we encourage the tradition of relations coming to help out because it helps to reduce the stress experienced by nursing mothers,” she said. Ewurum also warned against the practice of putting breast milk in a child’s eyes as cure for eye problem, describing it as harmful. She advised mothers to take their babies to health facilities for appropriate medication in the case of any eye infection. “That practice is very wrong and should be discouraged,” said Ewurum, who is the President of Medical Women Association of Nigeria, Abia chapter. SOURCE: https://gwg.ng/2020/11/03/why-moms-should-not-lie-down-to-breastfeed-consultant/ |
Are you currently living in Northern Nigeria? Do you agree with the Sultan?...
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Residents of Utqiagvik in Alaska have watched their last sunset of this year and will not see one until January next year. Some 4,300 residents of America’s northernmost town Utqiagvik formerly known as Barrow watched their last sunset at 1:30pm (PT) on Wednesday, November 19, 2020, and will witness the next sunrise only after 66 days. Utqiagvik is located at a latitude of 71.29 Degrees North, which is slightly above the Arctic circle. Because of its unique geolocation the area witnesses the long Polar Night period. According to TimeanDate.com website, this phenomenon only occurs within the polar circles and Polar Nights are the result of Earth tilting away from the Sun during winters and when none of the Sun’s disc is visible above the horizon at all. Hopefully, by then president-elect Joe Biden will be sworn in as the 46th President of the US and they may even have the Covid-19 vaccine available by then. However, for residents of this town, the Polar Night is an annual occurrence and is quite normal to them. The National Weather Service in Fairbanks posted on Twitter saying that the sun will not rise again until January 23, 2021, in Utqiagvik. Carson Frank, an associate at the University of Alaska Museum of the North in a phone interview with USA Today said Alaskans have already begun preparations and stocked up on Vitamin D supplements. They also rely on ‘happy light’ which stimulates daylight indoors. SOURCE: https://www.news18.com/news/buzz/alaskan-town-goes-dark-as-sun-sets-for-last-time-in-2020-residents-to-watch-sunrise-in-66-days-3101114.html
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The 2020 edition of The Experience, an all-night gospel concert, will hold strictly online, says the organisers of the programme which has become a favourite annual event for gospel music lovers. Now in its 15th year, the annual event hosted by the Senior Pastor of House On The Rock, Paul Adefarasin, showcases multi-talented and dynamic gospel artistes from different parts of the world. The past 14 editions were held at the Tafawa Balewa Square in Lagos and each gathering averaged an attendance of over 500,000 people, making it arguably the largest gospel concert in the world. But the organisers of the programme announced this week that the event will not hold at the expansive space in the Tafawa Balewa Square, a decision taken to maintain physical distancing amid the coronavirus pandemic. “The Experience 15 (Global Edition), is scheduled to hold on Friday, 11th December, 2020 virtually, livestreamed around the world, serving as a platform to unify the global Church and establish God’s Kingdom here on earth,” the organisers wrote on the event website. “Yes, we had the last 14 editions together mainly in one place, yet now we are not apart, we are still in this together as we go global with the #TE15G. There are no barriers and nothing can stop us, our God deserves our praise all the way, and He will have it,” @TheExperienceLG tweeted. This year’s concert will showcase artistic musical performances, goodwill messages and intercessory prayers by internationally recognised artistes including Don Moen, Tope Alabi, William MCDowell, Tasha Cobbs, amongst others. SOURCE: https://punchng.com/the-experience-concert-goes-virtual-first-time-in-15-years/ |
There was pandemonium at Agodi Gate area of Ibadan, Oyo State, on Tuesday, following a clash between some motorcyclists and warders at the Agodi Correctional Centre. The clash led to burning of the Idi Ogungun Police Outstation by some angry youths, while another police station opposite the centre was reportedly damaged. Our correspondent gathered that a motorcyclist was shot by one of the warders, but some eyewitnesses claimed a teargas canister, which the warder held, exploded and injured the motorcyclist in the face. Some of the traders, who have shops in the area, told our correspondent that the victim was shot by the prison officials following his refusal to pay a bribe of N50. One of the traders, Dauda Abegunrin, told our correspondent that prison warders always extort okada riders, who usually park close to the facility to pick passengers. The alleged shooting of the motorcyclist was said to have angered his colleagues and youths in the area, who made bonfires on the road, which made motorists to avoid the area. This reportedly caused pandemonium as commuters, motorists and passers-by ran helter-skelter. Abegunrin said, “One of the warders demanded N50 from an okada rider, but that one said he could not give a bribe because he was a Muslim. The warder later dragged him inside and shot him. This led to a crisis in the area.” Another trader in the area claimed the refusal of the okada rider to give the warder the N50 bribe caused the clash. It was not clear if the motorcyclist died or was just injured, but some people said he had been taken to hospital. Policemen and operatives of the Operation Burst, comprising soldiers and other security agents, were deployed in the area to restore normalcy following the violence.Efforts to speak to the Public Relations Officer of the correctional centre, Lanre Anjonrin, were unsuccessful as he did not answer calls placed to his telephone and had yet to reply messages sent to him on the issue. However, the Police PRO in the state, Mr Olugbenga Fadeyi, said policemen and other security agents were deployed in the area to prevent hoodlums from seizing the opportunity of the clash to attack the prison. He confirmed that one police station in the area was burnt, while another was damaged. The PPRO stated, “Contrary to the currently trending news online that policemen fired shots, leading to injury at the Agodi Gate area this morning, the truth is that there was a clash between officers of the correctional service and okada riders stationed at Agodi Gate. Upon the receipt of this information, policemen as well as other security agents moved to the scene to ensure that there was no breakdown of law and order that could lead to coordinated attacks on the prison facility. “The Idi Ogungun Police Outstation was burnt, while the Agodi 2 Station opposite the correctional centre was damaged.” SOURCE: https://punchng.com/police-station-burnt-as-warders-okada-riders-clash-in-ibadan/ |
When the #EndSARS protest was on October 17 hijacked by hoodlums, who unleashed terror on Edo State, especially the capital, Benin, no one knew the dimension and magnitude the violence would take considering that the police, who were expected to provide security, were at the receiving end of the biggest protest against the institution. However, residents had hoped the violence would subside, giving police the chance to resume their duty of restoring peace and order in a state that has been thrown into great turmoil.SOURCE: https://punchng.com/edo-grapples-with-cultists-reign-of-terror-after-endsars-protests/
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The woman in the attached photo, Bolarinwa Alice Falade, went missing last week, just a few days to her 50th birthday. She lives with her son, Adetayo, in Owode-Ibeshe area of Ikorodu, Lagos State, and had taken a stroll on November 17 but did not return home. Adetayo, who spoke to PUNCH correspondent, said he became apprehensive when his mother did not return home and her phone was switched off. “She’s always the only one at home whenever I go to work; so, when I got home from work Tuesday, I noticed she was not at home, but normally if she wants to go out, she would call me to tell me where she would put the key. When I got home that day, I discovered the door was locked, checked where she used to put the key and discovered it was there, so I entered the apartment and relaxed. “After a while, I tried calling her phone around 6pm, it rang and nobody picked till it was switched off. I became worried because she does not stay long outside because of her ailment; I went to her friend’s place where she normally goes, but was told the woman travelled 2 weeks earlier and it had been a while since my mum went there. I asked people around and they confirmed the woman was not around. “I waited till around 8pm before I called her siblings to know if she was with them, but they said she was not and since then, we have not seen her. Her disappearance has affected me because she’s the only one I have and I’m the only one staying with her at the moment. She was supposed to celebrate her 50th birthday on November 29.” Adetayo added that he reported the matter at the Ipakodo Police Station. Lagos State Police Public Relations Officer, Olumuyiwa Adejobi, who confirmed the disappearance said, “The matter was reported at Ipakodo Police Station, but the son was advised to go and find out about her whereabouts from their relations and come back to the station after 24 hours if she was still missing, but he never came back. Let the family go back to the station so that a proper record will be taken and the police will know the next step to take.” PS: If you have any useful info on the woman's whereabouts, please call Telephone No. 07017235360. SOURCES: https://mobile.twitter.com/aladeto4christ/status/1329313798033977345 https://punchng.com/ailing-lagos-mother-disappears-days-to-birthday/
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The Code of Conduct Bureau (CCB) will arraign Ibrahim Magu, suspended acting chairman of the Economic and Financial Crimes Commission (EFCC), before the Code of Conduct Tribunal (CTC) any moment from now, TheCable understands.https://www.thecable.ng/exclusive-ccb-to-prosecute-magu-over-dormant-account-port-harcourt-property
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If the world were to play a game, and the convener says “raise up your hand if your country has been in a recession in 2020,” more than half the hands in the world will be up. The other half with their hands down will be led by China — a country with nearly 20% of the world’s population. Of the top 10 most populous countries, only Bangladesh and China are likely to avoid a recession in 2020. The Bill and Melinda Gates Foundation captured it well when it said in its 2020 Goalkeepers report that “the COVID-19 financial loss is twice as great as the ‘Great Recession’ of 2008. The last time these many countries were in recession at once was in 1870, literally two lifetimes ago”. When this report was released in September 2020, Nigeria was yet to officially enter into a recession, but the signs were there, and very clear, that the rest of the world already projected one. On Saturday, the National Bureau of Statistics (NBS) officially announced the GDP numbers. The question then is what countries have slid into recessions in 2020, and what countries are strong — or protected — enough to stave off a recession? According to S&P, of the 34 economies in the world with GDP more than $200bn, only 3 did not report a recession: China, Chile, and Sweden. Chile and Sweden were on the brink of recession, but China has been growing — despite the pandemic. Chile has a history of staving off recessions; it was one of the countries that beat the 2008 global economic crisis, expanding by over 3%. But the country’s central bank has said it will go into a recession in 2020. Many other countries are said to be experiencing a recession — but have not yet called one because the data has not been completely collated. TheCable brings you a list of countries in recession: United States Japan United Kingdom India Brazil Russia South Africa Austria Germany Switzerland Belgium Canada Denmark Estonia Finland Hungary Ireland Italy Latvia Lithuania Mexico Netherlands Norway Romania Spain Nigeria Peru Turkey Israel Poland Czech Republic Thailand Singapore Malaysia South Korea Australia Portugal France Indonesia Hong Kong SOURCE: https://www.thecable.ng/us-uk-canada-south-africa-here-are-40-countries-experiencing-a-recession-in-2020 |
Resurgent calls for full and transparent deregulation of the downstream oil and gas sector have greeted the recent increase of about 5% from N160/litre to N168/litre in the retail prices of petrol. In a statement on Sunday, some stakeholders in the downstream value chain of the oil and gas sector insisted that deregulation remained the most appropriate and sustainable direction available to the nation as global price of crude oil continues to reel under the pressure of the global COVID-19 pandemic. They said analysis of the sector showed that with current pump price of petrol at N168/litre, the cost of sales, which represents the direct cost attributable to bringing petrol to the point of sales, was estimated at about N161.81/litre. “This represents 96.32% of total cost to marketing and distribution companies, implying that such companies based on the pricing template only have a thin margin of about 3.68% to cover running costs and make additional investments in infrastructure development,” they said. Speaking on deregulation of the sector, Chairman, Depot and Petroleum Products Marketers Association of Nigeria, Mrs Winifred Akpani, said the organisation welcomed recent developments around the subject but believed now was the time for the sector to embrace full deregulation. “As deregulation opens up the market for new opportunities, we will begin to witness unprecedented push in the sector towards promoting global standards in the supply chain management thereby creating a system that gives the buying public added value for money.” Energy expert and Director, National Oilwell Varco, Dr Babajide Agunbiade, said Nigeria might never harness the full development potential of its oil and gas sector with the continued inefficiencies within the value chain. SOURCE: https://punchng.com/rising-petrol-cost-stakeholders-demand-full-deregulation/ |
The Lagos State Task Force on Environmental and Special Offences (Enforcement) Unit said it arrested one DSP Popoola Kayode and his team members for allegedly extorting N100,000 from a traffic offender. Sunday PUNCH had reported how a resident, Didi Ekanem, accused the state task force of extortion and harassment. Ekanem said Kayode, after making sexual advances at her, demanded money; she said she transferred N100,000 into his account after negotiations. The task force, in a statement signed by Head of the Public Affairs Unit, Adebayo Taofiq, on Sunday, said Kayode and his team members had been arrested and transferred to Lagos State Police Command for disciplinary actions. The statement read in part, “Sequel to the report, the Chairman of the agency, CSP Olayinka Egbeyemi, immediately investigated the matter and discovered that the vehicle (Venza APP 775 GJ) was impounded for driving against traffic around the Lekki-Ajah Expressway by the enforcement team of the agency on Wednesday, November 18, 2020. “The investigation revealed further that the vehicle was brought to the agency’s car park at Alausa, Ikeja. The leader of the team, DSP Popoola Kayode, who is not the commander of the agency as quoted inside the report, collected the sum of N100,000 via a bank transfer in his account before he released the vehicle to the owner (Didi Ekanem). The leader of the team and his members have been arrested and queried by the chairman, while they would be sent back to the Lagos police command for further disciplinary actions.” Egbeyemi, however, warned residents to desist from driving against traffic and report any officers involved in shady deals. SOURCE (abridged): https://punchng.com/task-force-team-leader-members-detained-over-n100000-bribe/ |
Total of N81.41bn was expended on Nigeria’s refineries between January and August this year but they refined no drop of crude oil all through this period, latest data obtained from the Nigerian National Petroleum Corporation showed. Kaduna Refining and Petrochemical Company, Port Harcourt Refining Company and Warri Refining and Petrochemical Company posted a cumulative revenue of N6.54bn during the 8-month period. With revenue of N6.54bn and total expenses of N81.41bn, the refineries ended up with a deficit of N78.87bn, according to figures contained in the just-released August 2020 report of the NNPC. Further analysis of figures from the latest report, as well as those earlier released by the corporation, showed that revenue, expense and deficit of KRPC during the period were N6.22bn, N33.61bn and N27.39bn respectively. PHRC posted revenue, expense and deficit of N61m, N25.57bn and N25.51bn respectively. WRPC earned revenue of N257m, incurred expense of N22.23bn and posted deficit of N21.98bn during the 8 months. It was further gathered that for 13 straight months, the facilities had been running without refining any volume of crude oil. Data from the consolidated refineries operations put volume of crude processed from August 2019 to August 2020 at zero metric tonnes. With cumulative plant capacity of 445,000 barrels per day, they posted capacity utilisation of 0% all through the 13 months. However, volume of crude they recorded as closing stock between August 2019 and August this year was 3.78 million metric tonnes. For several years, Nigeria has been importing the bulk of its refined petroleum products as a result of the inability of its refineries to refine crude oil produced within the country. On Thursday, the FG revealed that Nigeria, Africa’s biggest oil producer, was set to resume importation of petroleum products from a neighbouring country, Niger Republic. The Federal Ministry of Petroleum Resources said in a statement that the two countries signed a Memorandum of Understanding for petroleum products transportation and storage. It said following bilateral agreements between the President, Major General Muhammadu Buhari (retd.), and his Nigerien counterpart, Mahamadou Issoufou, talks had been ongoing between the two countries for over 4 months – through the NNPC and Niger’s Societe Nigerienne De Petrole. According to the statement, Niger Republic’s Soraz Refinery in Zinder, some 260km from the Nigerian border, had an installed refining capacity of 20,000 barrels per day. “Niger’s total domestic requirement is about 5,000bpd, thus leaving a huge surplus of about 15,000bpd, mostly for export,” it said. NNPC again explained in its latest monthly report that declining operational performance of Nigeria’s refineries was attributable to ongoing revamping of the facilities. It said the revamping of the facilities was expected to further enhance capacity utilisation once completed. Operators in the downstream oil sector as well as economists have repeatedly called for a fast revamp of Nigeria’s refineries in order to halt the continued importation of refined petroleum products. National President, Independent Petroleum Marketers Association of Nigeria, Chinedu Okonkwo, said, “Getting our refineries working optimally is so vital now to save us the continued depletion of our foreign exchange. I know NNPC is working towards that and we hope the refineries will come onboard as soon as possible, because this might also help in reducing the cost of refined petroleum products.” Director-General, Lagos Chamber of Commerce and Industry, Dr Muda Yusuf, noted that pronouncements by NNPC on future involvement of the private sector in the operation of the country’s moribund refineries were commendable. “This is another laudable initiative which will ensure that these national assets are put to use for the growth and development of our economy,” he said. He, however, noted that one of the critical elements of the oil and gas sector reform, particularly the downstream sector, was the complete deregulation of the sector. The LCCI boss explained that reform of the downstream oil and gas sector would not only impact positively on local refining of crude but also create a number of advantages for the economy. Yusuf said, “It will unlock the huge private investment potential in the downstream oil sector, especially in petroleum product refining. This will ultimately reduce importation of petroleum products and ease pressure on the forex market as well as the burden on our foreign reserves.” He stressed that the investment opportunities in Nigeria’s oil and gas sector were huge, considering the country’s crude oil reserves and the even bigger prospects in respect of its gas reserves. According to him, Nigeria has been in the business of oil for over 50 years, but still does not have any private refinery operating on a commercial scale. “This is a big issue. No oil-producing country imports refined petroleum products on a scale that we do in Nigeria. It is inexcusable,” the LCCI DG stated. He added, “Pipelines are very critical infrastructure for refineries and for the sector, but the current ones are aging and have deteriorated due to poor investment and maintenance. Again, this is because the pipelines are in public sector space. The story of the petrochemicals and fertiliser plants are not different, although the latter has witnessed some measure of privatisation.” Yusuf noted that the dominance of the public sector in this space had significantly slowed down progress and development of the oil and gas sector. He said the sector was so strategic it could easily have provided the lever to accelerate diversification of the Nigerian economy. SOURCE (abridged): https://punchng.com/refineries-gulped-n81-41bn-refined-zero-crude-nnpc/ |
In an effort to curb the rate of cybercrime in the country the Nigerian Police has launched a cybercrime reporting portal. The Police said the portal “ensures ease of crime reportage by the public, to enable prompt investigation, arrest, and prosecute perpetrators of cybercrime & other related offences.” This was disclosed by the Nigerian Police in a statement on Thursday. The Police said the portal would enable anyone to report an alleged cybercrime at any time in the world, which would be attended by the Cybercrime unit in partnership with INTERPOL “Complainants can now report cases of cybercrime online, at any time and from any part of the world. Cases are promptly attended to by the Cybercrime Unit of the Force domiciled with the INTERPOL National Central Bureau (NCB); Force Headquarters, Abuja; and the newly created Cybercrime Unit at the INTERPOL Annex, Alagbon Close, Ikoyi, Lagos. “The Force urges potential users of the portal to ensure that only correct and accurate information, devoid of deliberate falsehood, misrepresentation, and misinformation, are provided when filing their complaints.” The portal to report cases of cybercrime is: https://incb.police.gov.ng SOURCE: https://nairametrics.com/2020/11/20/nigerian-police-launches-cybercrime-reporting-portal/ |
jaydeevaa:...good one! |
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