Farida Waziri Lashes Ribadu Again

 Former Chairman of the Economic and Financial Crimes Commission, Farida Waziri, says the pioneer Chairman of the EFCC, Mallam Nuhu Ribadu, also benefitted from the stolen funds deployed by the Peoples Democratic Party during the 2015 general elections.

The EFCC had arrested PDP chieftains across the country for allegedly receiving part of the N23bn disbursed by a former Minister of Petroleum Resources, Diezani Alison-Madueke.
Although Waziri made no reference to Diezani, she said in a statement by her Personal Assistant, Mrs. Omolara Oluremi, that Ribadu, who was the governorship candidate of the PDP in Adamawa State, received part of the slush funds distributed by the party.
Waziri’s scathing remarks against her predecessor were said to be in reaction to Ribadu’s claim that Waziri had a hand in his removal from the EFCC and frustrated the anti-graft war.
She said, “If Nuhu is yet to face the reality that the EFCC is a Federal Government agency and not a personal estate of anybody eight years after, I find it compelling to remind him, otherwise, one day he would wake up to blame me for his defeat in the 2011 presidential election and even his pathetic outing in the 2015 governorship election in Adamawa State despite the slush funds deployed to ensure his victory at the polls.”
Waziri also alleged that under Ribadu’s leadership between 2003 and 2007, billions of recovered funds went missing because of his failure to inaugurate an asset recovery unit.
She added, “There is also the need to remind Nuhu that before he succumbs to another logorrhea, he should avail himself a copy of the investigative report on recovered assets during his tenure as EFCC chairman and use the opportunity of the next ceremony or birthday party he is invited to, to explain to Nigerians what happened to billions of funds and assets recovered from suspects under him, with no records or documentation.
“He should be grateful to me that I cleaned his mess by creating an Assets Forfeiture Unit to put the records straight and do things rightly.”
Waziri, who described Ribadu as a political prostitute for jumping from one party to the other, argued that no blackmail could tarnish her image or erase her performance at the EFCC.
She said, “No matter how hard Nuhu tries to obliterate my tenure with his numerous lies, the record of over 450 convictions secured during my three and a half-year sojourn in the EFCC remains indelible.

Again Navy Cracksdown On Oil Thieves, Illegal Refineries

In line with the resolve to eliminate all forms of economic sabotage, crude oil theft and other criminal activities, operatives of the Nigerian Navy (NN) have continued the crackdown on criminals within the maritime domain.

 The patrol team deployed by NNS JUBILEE has arrested 13 suspects allegedly involved in illegal bunkering activities around Ibenoarea of Akwa Ibom State.
Commodore Christian Ezekobe, Spokesperson of the Nigerian Navy in a statement said the suspects were arrested in 3 Cotonouboats adding that two of the boats were carrying 55 and 48 drums of suspected illegally refined AGO respectively, while the third Cotonou boat was carrying about 188 empty drums.

 He said the suspects and exhibits have been handed over to officials of NSCDC for necessary action.

 The statement further said the patrol team deployed by FOB ESCRAVOS has also arrested 3 persons suspected to be oil thieves noting that the team also destroyed 6 Cotonou boats carrying suspected stolen crude oil around Sandhill Creek in Warri South West Local Government Area of Delta State.

Ezekobe said the team recovered 2 wooden boats laden with 300 Metric Tones (MT) of stolen crude oil and a pumping machine during the raid.

 “Meanwhile, a patrol team deployed by NNS PATHFINDER has raided Adokiakiri Creek around Okirika axis and Dutch Island at Onnein Rivers State. During the operation, the Team arrested 8 suspects and destroyed 4 speedboats laden with 100 MT of illegally refined AGO.

“Two barges containing 500MT of suspected stolen crude oil were also destroyed by the team.

 “In another raid, the Patrol Team also arrested 3 suspects onboard MV OMETE VI and a large wooden barge laden with about 120MT of illegally refined AGO around FOT Onne in Rivers State” the statement said.

Read More:

http://leadership.ng/news/555090/again-navy-cracksdown-on-oil-thieves-illegal-refineries

Rihanna And Drake Broke Up Again, See Drake’s New Girlfriend

Drake and Rihanna have reportedly split up again.

#Aubrih are “not exclusive anymore,” E! reports. Though they’re “still in each other’s lives,” and “still love each other,” E!’s source explains, “their schedules have gotten in the way.” They’re seeing other people right now, even.

And Drake, specifically, is said to be dating model India Love — the two have been spotted out together in Toronto, and have apparently been “hooking up” for several weeks now.

https://www.instagram.com/p/BJHZbpfhOEP/

This is where things get a little twisted, as E! notes that a former boyfriend of India’s was rumored to have cheated on her with Rihanna back in 2014. A subtweet rebound? Drake might well be that pressed/petty (in a sense, it’s part of his charm). And hey, remember that Instagram RiRi shared over the weekend about how all her exes are flops?! Turns out it was very likely addressed a certain someone in particular.

https://www.instagram.com/p/BLU0-MyAeOE/

Credit: cosmopolitan

Again, Group Gives FG 1-week Ultimatum To Release El-Zakzaky

Again, group under the umbrella of Save Zakzaky’s life group of Nigeria has issued a one week ultimatum to the federal government to unconditionally release their leader Ibraheem El-Zakzaky from detention.

The leader of the Islamic Movement in Nigeria (IMN), Sheikh El-Zakzaky has been in DSS detention since December, 2015 following their clashes with the Nigerian Army.

According to the National coordinator of the group, Bashir Marafa, “We call on the Federal Government under the leadership of President Muhammadu Buhari to release Sheikh Zakzaky who has been unjustly in detention without trial for the past nine month unconditionally.

“No doubt, Save Zakzaky’s life group of Nigeria, with the supports and aspirations of millions of Zakzaky’s followers within Nigeria and beyond, are greatly concerned over the deteriorating health condition of our great leader Zakzaky, who has been denied access to seek for good medical care, while he is being detained with no reason whatsoever, except what we see as “great oppression”, and denying his fundamental human right as a Nigerian citizen, by the Buhari administration.

Credit:

http://leadership.ng/news/552149/el-zakzakys-release-group-gives-fg-1-week-ultimatum

Again, Nigeria’s Manufacturing Index Declines In August

The Manufacturing Purchasing Manager’s Index (PMI) declined to 42.1 index points in August 2016, compared to 44.1 in the preceding month, indicating that the manufacturing sector declined at a faster rate during the review period.
The Central Bank of Nigeria (CBN) disclosed this in the PMI report for August that was released yesterday.

According to the report, of the 16 manufacturing sub-sectors, 15 recorded a decline in August in the following order: nonmetallic mineral products; transportation equipment; petroleum and coal products; fabricated metal products; furniture and related products; cement; appliances and components; printing and related support activities; paper products; computer and electronic products; food, beverages and tobacco products; primary metal; textile, apparel, leather and footwear; plastics and rubber products; and chemical & pharmaceutical products. The electrical equipment sub-sector remained unchanged in the review period.

Also, at 40.5 index points, the report showed that the productivity index for the manufacturing sector declined for the eighth consecutive month. It declined at a faster rate than what was recorded in July 2016.

All the 16 manufacturing sub-sectors recorded declines in productivity last month in the following order: appliances and components; plastics and rubber products; petroleum and coal products; transportation equipment; nonmetallic mineral products; computer and electronic products; primary metal; paper products; electrical equipment; cement; fabricated metal products; food, beverages and tobacco products; furniture and related products; printing and related support activities; textile, apparel, leather and footwear; and chemical and pharmaceutical products.

Meanwhile, Renaissance Capital (RenCap), a research and financial advisory firm, has revised down its 2016 growth projection for Nigeria to -1.4 per cent from -0.5 per cent.
Nigeria’s economy contracted by 2.06 per cent year-on-year in the second quarter of 2016, compared with 2.4 per cent in the corresponding quarter of 2015.

Read More: thisdaylive

Again, Herdsmen Invade Enugu Community, Kill Catholic Seminarian

Suspected Fulani herdsmen in the early hours of on Thursday invaded the sleepy Ndiagu Attakwu Akegbe-Ugwu community in Nkanu West Local Government Area of Enugu State, killing a Catholic seminarian, Lazarus Okafor, and injuring four others, including a pregnant woman.

The suspected herders were said to have invaded the Ogbodo Nwarum family compound in the community at about 2 a.m. and wreaked havoc on the entire household.

While the seminarian had severe machete cuts which led to his death, the four others — the landlord of the house Ogbodo Nwarum, his aged mother, pregnant wife and son — had their bowels ripped open by the herders who left them gasping for life.

The state Governor, Ifeanyi Ugwuanyi, however, warned that the state would no longer tolerate the mindless killings by the suspected herdsmen, directing the security operatives to ensure that those who were involved in the dastardly act were fished out and made to face the full weight of the law.

The traditional ruler of the community, Igwe Greg Ugwu, and the council chairman, Afam Okereke, said the attackers gained access into the building through the ceiling from where they jumped into the house and unbolted the panel door.

Read More: thisdaylive

Again, Buhari Orders NNPC To Search For Oil In North

For the second time in three weeks, the Nigerian National Petroleum Corporation has received an express order from President Muhammadu Buhari to explore for oil in the North.

This time, the President directed the national oil firm to commence exploration activities in the Benue Trough. The Benue Trough is a major geological formation underlying a large part of Nigeria, extending about 1,000km North-East from the Bight of Benin to Lake Chad.

The Group Managing Director, NNPC, Dr. Maikanti Baru, disclosed the President’s directive on the oil exploration in the North while receiving a delegation from the Benue State Government at the corporation’s headquarters in Abuja.

About three weeks ago, the President had directed the corporation to speed up its prospect for oil in the region, specifically in the Chad Basin and Kolmani River, following the reported discovery of hydrocarbons by Shell in the area.

The 19 northern state governors are also fired up about the prospect of oil production in their domain as they have hired a British firm through the Northern Nigeria Development Company, which they jointly own, to carry out the exploration activities.

But energy analysts and several socio-cultural and other interest groups on Tuesday expressed divergent views on the pressure by the President on the NNPC as regards oil exploration in the North.

The NNPC GMD, in a statement from the corporation on Tuesday, said the new directive was in line with the current efforts to guarantee energy security of the country.

Read More:

http://punchng.com/buhari-orders-nnpc-search-oil-north/

Jonathan Leads AU Election Observer Mission To Zambia

Former President, Dr. Goodluck Jonathan is to lead the African Union Elections Observation Mission, AUEOM, to the Zambian general elections scheduled take place on October 11, 2016.

Recall that former President Jonathan was named to lead a 33-nation observer mission to the Sunday, October 25, 2015 General Election held in Tanzania.

A statement posted on AU’s website yesterday stated that Jonathan would be leading members of the short term mission to join the continental body’s deployment of long term election experts who are already on ground in Zambia, adding that the chairperson of African Union Commission, AUC, approved it. The statement read: “The Chairperson of the AUC has approved the deployment of African Union Elections Observation Mission, AUEOM, to the General Election scheduled to take place in the Republic of Zambia on October 11, 2016.

“The deployment of the AUEOM will take place in two phases. The first phase comprised the deployment of long term election experts and took place from July 14 to August 22, 2016 and is made up of 10 observers.”

“For the first time, the AU long term experts include election/ legal political/media/campaign analysts.

“The objective is ensure that the AUEOM approaches its work with added professionalism and factual analysis of the legal, political, electoral, media and campaign aspects of the electoral process in Zambia.

“At the second phase of the Mission, the long term experts will to be joined by Short Term observers from the August 1 to 15, 2016.

“The Short Term Mission will be headed by Goodluck Jonathan, former President of the Federal Republic of Nigeria.

“The AUEOM draws its mandate from various African Union instruments, most importantly: (a) the AU Guidelines for Elections Observation and Monitoring Missions, 2002; (b) the OUA/AU Declaration on Principles Governing Democratic Elections in Africa, 2002; African Charter on Human and Peoples Rights, 1981, and (c) African Charter on Democracy, Elections and Governance, 200), among others.

“The objectives of the Mission is (a) to provide an accurate and impartial reporting or assessment of the quality of the 25th October General Elections in the United Republic of Tanzania, including the degree to which the conduct of the elections meets regional, continental and international standards for democratic elections; (b) to offer recommendations for improvement of future elections based on the findings; and, and (c) to demonstrate AU’s interest to support Tanzania’s elections and democratisation process to ensure that the conduct of genuine elections contributes to the consolidation of democratic governance, peace and stability in Tanzania in particular and the East African sub-region in general.”

Credit: Vanguard

Again, Avengers Blow Up NNPC Gas Pipeline In Akwa Ibom

Niger Delta Avengers on Sunday night allegedly blew up the Nigeria National Petroleum Corporation, NNPC, gas pipeline at Nsite Ibom Local Government Area, Akwa Ibom State.

The claim has not been independently confirmed, but spokesperson of the militant group, self-styled Brig Gen Mudoch Agbinibo, in a statement, challenged NNPC to “check their pipeline if it is ‘system anomaly.’

” The statement read: “At 11:30pm on Sunday, the NDA blow up Nigerian National Petroleum Corporation (NNPC), gas pipeline at Nsit-Ibom L.G.A, Akwa Ibom state.

NNPC should check their pipeline if it’s “system Anomaly”. Asking the NNPC to check if it was system anomaly is an allusion to the exchange between the militant group and Exxon Mobil, which initially denied an attack on its export line in Akwa-Ibom state, saying that it was a system anomaly, only to declare force majeure days later.

Credit: Vanguard

 

Shell Shuts Trans Niger Pipeline As Avengers Strikes Again

The Niger Delta Avengers (NDA) group said it had bombed an ExxonMobil facility in southern Nigeria just as Shell announced closure of a key oil pipeline, in the latest blow to output.

“At about 7:30 pm (1830 GMT) the Niger Delta Avengers blow up ExxonMobil Qua Iboe 48? crude oil export pipeline,” the NDA, which has been blamed for a string of attacks on key oil and gas facilities since February, said in a statement late Monday.

The militants said international oil majors had defied its calls for a halt to exports. AFP contacted ExxonMobil but there was no immediate response. The Niger Delta Avengers wants foreign oil companies out of the delta region, arguing local people have failed to benefit from decades of extraction that has generated billions of dollars.

It also wants self-determination and political autonomy for the region. The upsurge in unrest has reduced output in oil-rich Nigeria at a time the country is reeling from low global crude prices that have hammered government revenues.

Credit: Vanguard

 

Police Seal PDP Headquarters Again

The police have again sealed the Peoples Democratic Party, PDP,  secretariat known as Wadata Plaza,  Abuja.

Although no official reason has been given,  it may not be unconnected with the intention to prevent the sacked acting National Chairman of the party,  Senator Ali Modu Sheriff,  from gaining access to the place.

A report monitored on radio indicated that Sheriff was locked out of the premises and was standing by the gate,  having stormed the secretariat as early as 7am.

Credit: Thisday

Niger Delta Avengers Blow Up Oil Pipeline Again

Militants suspected to be members of the Niger Delta Avengers have blown up an underground Chevron crude oil trunk line.

The trunk line is located along the Seria Creek near Abiteye, a few kilometres away from the company’s multi-billion dollars Tank Farm in Escravos, Warri South West local government area of Delta State.

It was gathered that the incident, which occurred midnight, was noticed by workers in the production department when they observed drop in production pressure.

A top Chevron management officer and a security source both separately confirmed the incident.

The source said a technical team of experienced engineers had been dispatched to the scene of the spill to ascertain the true cause.

Information available  revealed that the Seria Creek and all adjoining creeks of Abiteye have now been covered with massive oil spill emanating from the trunk line.

A local source in the area said, “At the moment, the entire creek has been littered with crude oil.”

The violent militant group, Niger Delta Avengers, also announced the attack on their twitter handle.

https://twitter.com/NDAvengers/status/735606785718026240

Credit: Punch

Saraki Loses Again As Code Of Conduct Tribunal Refuses To Quash Corruption Charges

The Code of Conduct Tribunal has dismissed an application by the senate president, Bukola Saraki, for false asset declaration charges against him to be dropped.

Mr. Saraki’s lawyer, Kanu Agabi, had argued that the 13-count charge was invalid procedurally because the Code of Conduct Bureau which filed the charges, failed to allow Mr. Saraki explain discrepancies in his assets declaration forms as required by law.

But in his ruling Thursday, the chairman of the tribunal, Danladi Umar, said there was no breach of law as the Code of Conduct Bureau and Tribunal Act, 1989, still allows the senate president raise his clarifications at the level of the tribunal.

Mr. Danladi said by law, the CCB could receive complaints of breach of the Act and refer such complaints to the Tribunal, provided that it will allow the person involved to give a statement affirming or denying the said misconduct.

Also, upholding the argument made by the prosecution, Mr. Umar said Section 3 (e) of the 3rd schedule of the 1999 Constitution gives the bureau the right to receive complaints of such nature and where necessary refer such matter to the tribunal.

According to Mr. Danladi, Section 174 of the Constitution also gives the Attorney General of the Federation the prerogative to file criminal proceedings and does not owe any explanations to any one on how to go about it.

He therefore ordered the continuation of the trial.

Mr. Saraki had earlier lost his bid to stop the trial after the Supreme Court dismissed his initial objections.

Credit: PremiumTimes

Dasuki’s Trial Stalled Again

The trial of the former National Security Adviser, Colonel Sambo Dasuki, before an FCT High Court has been stalled.

This follows the inability of the prosecution to produce him in court on time.

At the commencement of trial, counsel to the EFCC, Mr Rotimi Jacobs told the court that he made correspondents to his clients for onward transmission to the Department of State Services, which is currently detaining the former NSA.

He, however, said that the DSS said the release request was late but that efforts were ongoing to produce him in court.

He, therefore, asked for a stand-down or an adjournment till Wednesday, February 3.

Counsel to Colonel Dasuki and other accused persons rejected the application made by Mr Jacobs on the ground that there is a pending application before the court seeking to stop his trial until he is released from detention.

According to his lawyers, his continued detention has made it impossible to prepare for the various cases against him.

He, therefore, asked the court to stop the trial or make an order releasing him from detention.

This is the third trial that has been stalled as a result of Colonel Dasuki’s detention.

The court adjourned till February 26, 2016 to hear the application.

Credit: ChannelsTv

Boko Haram Strikes Again, Kills 6 In Fresh Borno Village Attack

Six people were reportedly killed while one person sustained gunshot injury when suspected members of Boko Haram sect invaded Goniambari village in Kaga Local Government Area of Borno state.

The insurgents, according to sources also burnt down some houses and vehicles using Improvised Explosive Devices (IEDs) and petrol bombs before looting foodstuffs and livestock.

The incident according to a fleeing resident, Mallam Modu Abari took place on Monday between 6:30pm to 7pm.

Goniambari village is south and 15 kilometres from Beneshiekh, the council headquarters of Kaga Local Government of the state. Kaga is  about 80 kilometres from Maiduguri, the state capital.

Credit: Vanguard

Kanye West Changes The Name Of His New Album Again

Kanye West has once again changed the title of his forthcoming album.

Originally, in March 2015, it was supposed to be called So Help Me God, before he changed it to Swish two months later. Now, the rapper’s decided to call it Waves.

See his tweet below:

https://twitter.com/kanyewest/status/692161181562310656

States May Get Broke Again– Masari

At the backdrop of expected significant drop in revenue accruable to the three tires of government from the monthly Federation Account Allocation Committee, FAAC, state governments may need fresh bailout arrangements as none of them have indicated plans to rejig budgets in line with the merging fiscal realities.

To underscore this development Katsina State Governor, Alhaji Aminu Bello Masari said last week that some state governments in the country may find it difficult to pay workers salaries in the next three to six months as a result of the current economic hardship occasioned by falling oil prices.

The governor said this at the foundation laying ceremony for construction of three blocks of 12 classrooms, office block and a computer centre at Kadandani Community Secondary School in Rimi Local Government Area of the state by Continental Computers. “In three to six months time, some states will find it difficult to pay salaries due to fall in the price of oil in the market,” he stated in Hausa language.

Some of the state governments are already complaining that the recently settled issue of minimum wage may be revisited following the weakening of the revenue base. Some states are indicating that they would not review the minimum wage downward but they may be forced to retrench to reduce recurrent expenditure within available resources, otherwise the workers would be owed indefinitely.

Credit: Vanguard

Boko Haram Strikes Adamawa Again, Torches Military Artillery

Rampaging Boko Haram militants on Sunday night engaged Nigerian troops in a fierce battle in their new bid to take over Gulak, the administrative headquarters of Madagali in northern part of Adamawa State.

Security and local sources say the insurgents, who came in three vehicles brandishing guns, burnt down a military base as they also burnt down three artilleries and carted away guns.

“They came around 7 p.m. and started firing on the soldiers during which all the soldiers ran away.

“There was pandemonium, people scampered for their lives, many slept in bushes, they killed one soldier during the fierce battle.

“Our local vigilantes had tried by staying back, until another troops were deployed from Madagali town and Shuwa, they engaged them, if not they would have recaptured the town for the second time,” said James Ularamu, former chairman of Madagali.

The former Council chairman, and a local vigilante who did not want to be named, said there were heavy gun battles.

The local vigilante, who couldn’t say whether there were casualties from the Boko Haram side, said “after we chased them away they fled to the nearby Sambisa area.”

Efforts to get the army spokesperson were futile, but a member representing the area at the house of Representatives, Adamu Kamale, confirmed the attack.

The state commissioner of information, Ahmed Sajo, said additional troops had been deployed to the area.

Credit: PremiumTimes

Justice Minister’s Absence Stalls Dasuki’s Suit Hearing Again

The Attorney-General of the Federation and Minister of Justice, Mr Abubakar Malami, has failed to appear before a court over the right enforcement suit filed by the former National Security Adviser (NSA), Colonel Sambo Dasuki (Rtd).

Mr Malami again refused to show up at a Federal High Court sitting in Abuja, Nigeria’s capital, to explain why the order of the court granting Mr Dasuki permission to travel for medical treatment was being flouted.

At the resumed hearing of the suit on Monday, the Federal Government opposed the application for the enforcement of fundamental human rights filed by Dasukion the ground that he needed to be present in court to seek any relief.

The prosecutor, Mr Mohammed Diri, informed the court that he had filed an application seeking to revoke the bail granted the former NSA.

Relying on section 266 of the administration of Criminal Justice Act, 2015, lawyer to Colonel Dasuki, Mr Joseph Daudu, disagreed with the prosecutor.

Mr Daudu said that his client was not on trial and as such, it was not mandatory for him to be physically present in court.

Justice Adeniyi Ademola subsequently adjourned the suit till November 26 for ruling, just as the trial was expected to commence on the same day.

Credit: ChannelsTV

Governors Lament Mounting Wage Bill, Plan To Meet Buhari Again

Nigeria’s Governors say they will seek more solutions to the inability of some states to pay its workers and meet other responsibilities.

The decision was reached at a meeting of the governors held in Abuja, which began at about 8:00pm local time on Wednesday.

At least 22 governors or their representatives were present at the Governors Forum seen as crucial, as some governors are still owing some worker salaries of several months.

Briefing reporters after the meeting, the governors said that they discussed sustainability of the wage bill of some states, which had been affected greatly by the dwindling revenue and allocation to states.

Credit: ChannelsTV

America’s Next Top Model Might Be Hitting TV Screens Again

Tyra Banks and The CW announced that Top Model would conclude its run on the network at the end of its 22nd cycle next month. “I truly believe it’s time,” Tyra wrote on Twitter, adding that she’s “SO proud” of everything the show has achieved both in the modeling industry and, you know, just as a lazy weekend reality TV marathon guilty pleasure.

As it happens though, its rerun popularity may help save the show from cancelation outright. Deadline reports that Top Model executive producer Ken Mok is currently pitching the series to cable TV and streaming platforms (where its already popular; the “rare reality series with strong repeatability,” Deadline notes) with a view to a 23rd cycle happening, just with a new home. No deal is set just yet, but crucially, “incoming calls from cable and streaming players” came first, following the sad news that The CW was done with the show, meaning what seems like legitimate interest in the show is out there.

Credit: Cosmopolitan

Again, IMF Urges CBN, Others To Weaken Currencies To Absorb Shocks

The International Monetary Fund (IMF) has advised the Central Bank of Nigeria (CBN) and other central banks in Africa to allow their currencies to depreciate in order to absorb shocks to their economies.

The multilateral donor agency pointed out that resisting currency pressure depletes foreign exchange reserves and results in weaker imports.

The IMF stated this in its 134-page Regional Economic Outlook for October 2015 posted on its website yesterday.

It said that central banks in a growing number of countries had started tightening monetary policies, concerned that these developments may affect inflation expectations where inflation rates are near or even surpass the highest point of established bands.

According to the IMF, in a few highly dollarized economies on the continent, the recent exchange rate depreciation could also increase financial sector vulnerabilities.

It also noted that the recent depreciation of some currencies on the continent would increase the value in local currency of dollar-denominated liabilities, and hence the debt service burden for unhedged borrowers.

This would potentially expose banks to losses—even though banks themselves generally have only limited currency, it stated further.

Credit: ThisDay

EFCC Drills Abba Morro Again

Economic and Financial Crimes Commission (EFCC) yesterday interrogated former Minister of Interior Abba Moro for a second time over allegations of financial crimes in the ill-fated Nigeria Immigration Service (NIS) recruitment exercise in March, 2014.

The EFCC on 20th October interrogated the ex-minister over the alleged scam of over N500 million received from about 500, 000 applicants during the recruitment exercise.

It was learnt that he returned yesterday to explain further his involvement in the alleged fraud that shrouded the NIS recruitment exercise.

During the recruitment process about 20 Nigerians died in stampedes at the National Stadium, Abuja and at other centers across the country due to overcrowding and disorganization of the process superintendent by the ministry of interior under the leadership of Abba Moro.

Credit: DailyTrust

Again, FIFA Probes Amos Adamu

Former Executive Committee member, Nigeria’s Amos Adamu, who recently served a three-year ban from al football related activities for soliciting money for votes in the run of the 2018 and 2020 World Cup hosting rights polls, is once again the subject of a probe by FIFA’s Ethics Committee.

The new probe, according to reports in Western media, will determine if Adamu was involved in activities that breached FIFA’s code of ethics.

The report is not specific on the particular rules breached by Adamu, but it says the 62-year-old Nigerian, who was a member of FIFA’s executive committee for four years until 2010, could face fresh sanctions if fund culpable.

Credit: ngrguardiannews

Maiduguri Bombed Again In Friday Morning Attack

Three female suicide bombers on Friday, attacked the Umarari Bayan Waya area of Mulai Village in Maiduguri, the Borno State capital with Improvised Explosive Devices (IED), leaving at least seven people feared killed and 17 others injured.

The blast was reported to have occurred around a few minutes past 5am when Muslim faithful were getting ready for the early morning prayer, reports Channels TV.

The explosion claimed the lives of the suicide bombers and four others while 17 injured are currently receiving treatment at the Specialist Hospital.

This is coming barely 24 hours after many worshippers were feared dead in a bomb explosion in a mosque around Mulai area of Maiduguri.

The bomb went off when worshippers were observing their Magrib prayers.

Dozens of worshippers were killed when two suicide bombers blew themselves up in the mosque, witnesses said.

Read Morevanguardngr

Suspected Terrorists Attack Military In Kogi Again

The Nigerian Army said, on Wednesday, that two suspected insurgents and a soldier were killed during an attack on troops on cordon and search operation in Okene, Kogi State.

A statement by the acting spokesman of the army, Colonel Sani Usman, in Abuja, said that a cache of arms and ammunition were recovered in the operation.

“Our troops on cordon and search in the general area of Enike Mosque, Okene, Kogi State, were attacked by some suspected terrorists at about 5.30 a.m. on Wednesday.

“The troops responded and two of the attackers were killed. In addition, a rocket-propelled grenade and empty cases of expended ammunition were recovered.

“Unfortunately, we lost a soldier while another sustained gunshot wounds,” Usman said.

The spokesman said that the situation had been brought under control and urged the people of the area to go about their normal businesses.

Read Moretribuneonlineng

Nicki Minaj Slams Miley Cyrus Again!

Nicki Minaj is still not over the beef she had with Miley Cyrus at MTV’s Video Music Awards.

Today, in an interview with the New York Times Magazine, Minaj said, “The fact that you [Cyrus] feel upset about me speaking on something that affects black women makes me feel like you have some big balls. You’re in videos with black men, and you’re bringing out black women on your stages, but you don’t want to know how black women feel about something that’s so important?”

Minaj added, “Come on, you can’t want the good without the bad. If you want to enjoy our culture and our lifestyle, bond with us, dance with us, have fun with us, twerk with us, rap with us, then you should also want to know what affects us, what is bothering us, what we feel is unfair to us. You shouldn’t not want to know that.”

Cyrus hasn’t responded to Minaj’s comments yet. During the VMAs, she took the high road after the incident on stage and congratulated Minaj for winning the award for Best Hip Hop video.

Read More: GoodMorningAmerica

Sylva Wins Bayelsa APC Guber Ticket Again

Former Bayelsa State governor, Chief Timipre Sylva, yesterday, won in the rescheduled primary of All Progressives Congress, APC, to emerge as the party flag bearer for the December 5,  governorship election in the state.

Sylva polled 981 votes  to beat his closest rival, Chief Godknows Powell, who garnered 39 votes.

Fourteen governorship aspirants participated in the primary.

The former Managing Director of Niger Delta Development Commission, NDDC, Mr. Timi Alaibe, had earlier withdrawn from the race citing party interest and collateral consequences.

Also absent from the party secretariat, venue of the governorship primary, was the former Federal Permanent Secretary, Dr. Imoro Kubo and Ambassador Emmanuel Otiotio.

The governorship primary, which was conducted by a seven-man team, led by Brigadier- General Monsur Dan-Ali (retd), was peaceful and without any security hitch.

Read More: vanguardngr

Herdsmen Strike Again In Plateau State, Kill 20

At least 20 people were killed and 30 houses razed in a fresh attack by gunmen who stormed a local community in Plateau State, residents said on Thursday.

Scores of people were also injured in the attack on Tuesday, said locals in Kadunung community, alleging that the attackers came from a nearby Barkin Ladi district of the state.

Plateau State police spokesperson Abu Emmanuel confirmed the incident to Xinhua, but declined to give actual figure of casualties.

Investigators have launched a probe into the attack, the police spokesperson said, adding the details would be made available to the public at due time.

“We received a report that unknown gunmen invaded Kadunung village around 1:00 pm (1200 GMT) and in the process about five people were killed and several houses burnt,” state police spokesman Emmanuel Abuh said.

Read More: dailytimes

Boko Haram Horsemen Strike Again, Kill 26

Insurgents rode on horses to remote Kolori and Ba’ana Imam villages in Damboa Local Government Area where they opened fire on villagers, killing no fewer than 26 people.

One of the leaders of youth vigilance group; Civilian JTF in Biu told Daily Sun that many of the villagers fled to Biu on Tuesday, a day after the attack.

“The attack occurred on Monday evening. Some Boko Haram insurgents rode to Kolori on horses at about 5.35pm and were firing at residents and shooting into houses. Accounts from the people show 18 people were killed at Kolori and eight at Ba’ana Imam village. More than 12 people were injured,” he disclosed on telephone.

He said the insurgents reportedly carted away foodstuffs, livestocks and looted their houses of other essential needs.

Read More: sunnewsonline

No Senator or Rep Will Earn Up To N1 Million Again- RMAFC Boss

Following President Muhammadu Buhari’s order directing the Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC) to address public outcry over huge salaries and allowances of members of the National Assembly, the chairman of the commission, Elias Mbam, said on Tuesday that Senators and members of the House of Representatives will earn less than N1 million by the end of next month.

Speaking at the State House after Mr. Mbam made presentation on the activities and challenges of the commission, President Buhari chided the RMAFC for approving excessive remunerations for some political office holders, and urged the commission to seek a proper interpretation of its powers and address the public outcry against the unreasonably high payments.

President Buhari also warned that severe sanctions will be visited on any individual or organisation that violates the directive on the payment of all national revenue into the Federation Account.

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I’m Ready To Fight Again Next Year- Pacquiao

Filipino boxing star Manny Pacquiao said on Wednesday he was recovering well after surgery for a shoulder injury, a news report said.

“I’m ready to fight, next year,’’ he said in Indonesia when he was asked whether he was ready for a re-match with Floyd Mayweather after their fight in May, a website reported.

Pacquiao tore a rotator cuff in his right shoulder while on training and during the much-anticipated fight against Mayweather on May 2 and underwent surgery afterwards. Pacquiao lost the fight by unanimous decision.

“I’m fine. I can lift it,’’ Pacquiao said, gesturing with his right arm during a trip to Indonesia to film a commercial’’.

Several lawsuits have been filed against Pacquiao and his promoters for allegedly failing to disclose his shoulder injury before the fight against Mayweather, the most lucrative bout in history.

Reports in his home country, the Philippines, said that he was planning to visit a Philippine woman facing execution in Indonesia for drug trafficking.

Pacquiao, who also heads a Philippine parliamentary commission on migrant workers, appealed to Indonesian President Joko Widodo in April to show clemency to Veloso.

Credit: NAN

Again, Buhari Hails Jonathan For Nigeria’s Peaceful Transition

President Muhammadu Buhari has again acknowledged the role played by former President Goodluck Jonathan in midwifing a peaceful and successful transition programme in the country.

He said this on Sunday in his address to the AU Summit in Johannesburg, South Africa.

“I cannot fail to acknowledge the very positive role played by my predecessor, President Goodluck Jonathan, in averting the feared crisis, and in facilitating the peaceful transition of power between the two parties,” he said.

President Buhari said his election had been described as historic.

“I agree that it is indeed historic because for the first time in the practice of democracy in my country, an opposition party has defeated the ruling party in a keenly contested election.

“The election was also held against the backdrop of the fears and concerns expressed both in Nigeria and among our international friends abroad and partners that the outcome of the election could spell doom for Nigeria.

“I am glad that even though those fears and concerns were not without basis, the outcome was totally different, to the relief of all of us,’’ he said.

Mr. Buhari reiterated that the process, which was adjudged as the fairest and most credible in the history of elections in Nigeria, was midwifed by the dogged and sustained determination of the Nigerian people, and their desire to deepen democracy.

He said the people’s quest was amply supported, and even encouraged by the goodwill of friends and partners in the international community.

“I therefore wish to seize this opportunity to convey my very deep appreciation to all those who contributed to the success of that election.

Credit: NAN

Again, Boko Haram Storms Maiduguri With RPGs, Destroys Houses

Suspected Boko Haram terrorists last night stormed Maiduguri with sophisticated weapons with a view to take over the town.

Thunderous sound of Rocket Propelled Grenades (RPGs) fired by the terrorists forced the already traumatized residents to suspend their sleep.

Sources said the terrorists wanted to attack the town through Dala suburb, the same direction through which they attacked the town last Saturday.

“No life was lost but some houses have been detroyed, with two of them which the RPG bombs hit directly  at Ajilari Dalori completely  destroyed while  the occupants, including women and children sustained various degrees of injuries,” said Ajid Mohamed, a resident of the affected area.

The attack was launched between 12.20am and 1.40 am.

Though troops of the Nigerian army immediately responded by firing artillery guns in the direction of the approaching insurgents, the exchange of fire continued unabated for over one hour, forcing residents who were living around the red zone to flee their homes in the dead of the night.

Another resident of the area, Jafar Mukhtar Kolima complained that Nigerian troops are always on the defensive instead of taking the war to the insurgents.

“I strongly feel the terrorists are getting the audacity to attack because they believe nobody will pursue them to their hideouts. How can you always wait for your enemy to strike before you respond,”? he asked.

“We thank God that the whole of Maiduguri is surrounded by a trench otherwise these terrorists would have taken over Maiduguri long ago,” he added.

Credit: dailytrust

CBN Devalue Naira Again?

Indications have emerged that the Central Bank of Nigeria may devalue the naira again following developments in the foreign exchange market.

The currency has been experiencing free fall since November 25, 2014 when the CBN Monetary Policy Committee devalued it by eight per cent from 155 to 168 against the United States dollar.

The Bankers’ Committee which comprises the Central Bank of Nigeria governor, the deputy governors, chief executive officers of Deposit Money Banks and other stakeholders gave the hint of further devaluation on Thursday just as the nation’s External Reserves dropped by $1bn in 12 days.

Read More: Punch